for the Period Ended 31 May 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 May 2024
Directors
The directors shown below have held office during the whole of the period from
1 June 2023
to
31 May 2024
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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(
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Gross profit(or loss): |
( |
( |
Distribution costs: |
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Administrative expenses: |
(
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(
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Other operating income: |
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Operating profit(or loss): |
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( |
Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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( |
Tax: |
(
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Profit(or loss) for the financial year: |
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( |
As at
Notes | 2024 | 2023 | |
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£ |
£ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 4 |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 5 |
(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Accruals and deferred income: |
(
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(
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Total net assets (liabilities): |
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( |
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Members' funds | |||
Profit and loss account: |
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( |
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Total members' funds: |
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( |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 May 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 May 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 May 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 June 2023 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 May 2024 |
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Depreciation | ||||||
At 1 June 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 May 2024 |
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Net book value | ||||||
At 31 May 2024 |
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At 31 May 2023 |
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for the Period Ended 31 May 2024
2024 | 2023 | |
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£ | £ | |
Other debtors |
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Total |
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for the Period Ended 31 May 2024
2024 | 2023 | |
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£ | £ | |
Taxation and social security |
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Other creditors |
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Total |
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Rainbow Kidz Childcare continue to provide services for the families of the local community. We started our services in January 2022 running a stay and play session for children aged 0 – 3 years old during the school term. The children access the provision with their parent or carer every Wednesday from 9.15 – 11.15. We provide play activities which promote learning and social skills for the children and the session also reduces isolation for families especially since the covid -19 infection. Whilst the sessions have been running, we have supported some parents to access training and employment by sign posting them to various services. We have supported one of our parents to build on her career enabling her to support other families advice about the living crisis with tips and ideas how to save money. We continue to provide holiday clubs during the school holidays for children aged 5 -14 which are funded by Wolverhampton council grants. The children can access fun, creative and learning activities. The club is free for children who receive benefit related free school meals and we also offer spaces for paying children at a low-cost rate. Parents leave their children at the clubs with experienced and qualified staff in a warm, safe and friendly environment. During the clubs the children learn about healthy eating, growing vegetables, cooking skills and they have lots of fun physical games. Each day the children have a hot healthy meal and fruit, snacks and water throughout the day. During the holiday clubs we have now increased our numbers of children with SEND and we ensure the children feel inclusive in all aspects of the holiday club. Parents of children with SEND can have respite while their children attend the holiday clubs. Our services have enabled parents to: Meet, socialise and come back together as a community since covid 19 Access information to other services such as health, employment and benefits Gain part-time employment and continue to work during school holidays Access the food bank provided by the Church Form friendships and social groups We are hoping in the near future to expand our services to other areas in the city which are deprived and have few facilities for children and families.
Our Companies Stakeholders are the local parents /carers and children who access our childcare services. During our play and stay sessions we talk to parents/carers to see what activities or services they would like information on. From our consultation with parent’s, we now provide a range of information and leaflets on employment and job search, benefits, child health services and healthy eating. We are also planning to invite health practitioners to the stay and play sessions such as dental services, baby massage and healthy eating services to talk to parents. We also signpost parents to other services to support their needs. Some parents /carers have expressed they need support with toilet training and language skills so we are putting on sessions to help children get school ready for when they start nursery. We continue to work with and consult the parents/carers by asking them to fill out a questionnaire at the end of the club to give us feedback about their children’s experiences and also whether they would like their children to attend future clubs. The feed back we get is very positive and parents are happy with the services we provide and say how our childcare services have helped them with children’s behaviours, socially, mentally and with overall family life. We send these questionnaires to the council to show how the holiday clubs are needed in the community and how they benefit both the children and the family as a whole. We plan to expand our services to another area within Wolverhampton to support the disadvantage and deprivation in the area. We have done some research and spoke to local people who would be happy for us to set up an early years provision for young children within their community as there is lack of provision to support families with young children. The nearest nursery is quite far away for parents to travel and only one local school has provision for 2-year-olds.
The total amount of directors salaries paid was £13,073. There were no other transactions or arrangements in connection with the remuneration of the directors, or compensation for director's loss of office, which require to be disclosed
No transfer of assets other than for full consideration
This report was approved by the board of directors on
23 February 2025
And signed on behalf of the board by:
Name: Jennifer Clarke
Status: Director