REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 August 2024 |
for |
BAILDON CHILDCARE CO-OPERATIVE LIMITED |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 August 2024 |
for |
BAILDON CHILDCARE CO-OPERATIVE LIMITED |
BAILDON CHILDCARE CO-OPERATIVE LIMITED (REGISTERED NUMBER: 03305610) |
Contents of the Financial Statements |
for the Year Ended 31 August 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
BAILDON CHILDCARE CO-OPERATIVE LIMITED |
Company Information |
for the Year Ended 31 August 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Lloyds Bank Chambers |
Hustlergate |
Bradford |
BD1 1UQ |
BAILDON CHILDCARE CO-OPERATIVE LIMITED (REGISTERED NUMBER: 03305610) |
Balance Sheet |
31 August 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
FUNDS |
Income and expenditure account | 7 |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the Board of Directors and authorised for issue on |
BAILDON CHILDCARE CO-OPERATIVE LIMITED (REGISTERED NUMBER: 03305610) |
Notes to the Financial Statements |
for the Year Ended 31 August 2024 |
1. | STATUTORY INFORMATION |
Baildon Childcare Co-operative Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Income |
Donations and legacies are accounted for when received by the company. Other income is accounted for on an accruals basis. |
Tangible fixed assets |
Tangible fixed assets are capitalised if they can be used for more than one year and cost more than £250. |
Depreciation is calculated to write off the assets over their estimated useful lives at the following rates: |
Fixtures & fittings | - | 15% straight line basis |
Equipment | - | 20% straight line basis |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
Fund accounting |
Funds held by the company may be: |
a) Unrestricted general funds |
These are funds which can be used in accordance with the company's objects at the discretion of the directors. |
b) Restricted funds |
These are funds that can only be used for particular restricted purposes within the objects of the company. Restrictions arise when specified by a donor or when funds are raised for particular restricted purposes. |
c) Designated funds |
These are funds set aside by the directors out of unrestricted general funds for specific future purposes or projects. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
BAILDON CHILDCARE CO-OPERATIVE LIMITED (REGISTERED NUMBER: 03305610) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2024 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings | Equipment | Totals |
£ | £ | £ |
COST |
At 1 September 2023 |
and 31 August 2024 |
DEPRECIATION |
At 1 September 2023 |
and 31 August 2024 |
NET BOOK VALUE |
At 31 August 2024 |
At 31 August 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Debtors |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Other creditors |
Accruals and deferred income |
7. | FUNDS |
Income |
and |
expenditure |
account |
£ |
At 1 September 2023 |
Surplus for the year |
At 31 August 2024 |
8. | LIMITED BY GUARANTEE |
The liability of each member is limited to a contribution not exceeding £1 in the event of the company being wound up, whilst the member is a current member or within one year of the member ceasing to be a member. |