BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
08651219 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 August 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Directors' report period ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Directors

The directors shown below have held office during the whole of the period from
1 September 2023 to 31 August 2024

Claire Jackson
Natasha Paffett
Rebecca Smith
Anna Wilczynska-Kalucka


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
14 April 2025

And signed on behalf of the board by:
Name: Claire Jackson
Status: Director

BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 550,043 464,520
Cost of sales: ( 447,864 ) ( 381,328 )
Gross profit(or loss): 102,179 83,192
Distribution costs: 0 0
Administrative expenses: ( 64,901 ) ( 60,101 )
Other operating income: 0 1,500
Operating profit(or loss): 37,278 24,591
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 ( 95 )
Profit(or loss) before tax: 37,278 24,496
Tax: ( 6,362 ) 0
Profit(or loss) for the financial year: 30,916 24,496

BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 9,456 13,277
Investments:   0 0
Total fixed assets: 9,456 13,277
Current assets
Stocks:   0 0
Debtors: 4 2,000 8,075
Cash at bank and in hand: 165,072 133,055
Investments:   0 0
Total current assets: 167,072 141,130
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 52,417 ) ( 50,563 )
Net current assets (liabilities): 114,655 90,567
Total assets less current liabilities: 124,111 103,844
Creditors: amounts falling due after more than one year: 6 ( 15,389 ) ( 26,038 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 108,722 77,806
Members' funds
Profit and loss account: 108,722 77,806
Total members' funds: 108,722 77,806

The notes form part of these financial statements

BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 14 April 2025
and signed on behalf of the board by:

Name: Claire Jackson
Status: Director

The notes form part of these financial statements

BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives.

BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 17 18

BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 49,790 12,445 62,235
Additions 1,463 248 1,711
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 August 2024 51,253 12,693 63,946
Depreciation
At 1 September 2023 38,818 10,140 48,958
Charge for year 4,438 1,094 5,532
On disposals 0 0 0
Other adjustments 0 0 0
At 31 August 2024 43,256 11,234 54,490
Net book value
At 31 August 2024 7,997 1,459 9,456
At 31 August 2023 10,972 2,305 13,277

BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 2,000 8,075
Total 2,000 8,075
Debtors due after more than one year: 0 0

BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 1 1
Taxation and social security 11,569 3,957
Other creditors 40,847 46,605
Total 52,417 50,563

BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 15,389 26,038
Total 15,389 26,038

COMMUNITY INTEREST ANNUAL REPORT

BROADFIELD NURSERY COMMUNITY INTEREST COMPANY

Company Number: 08651219 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Broadfield Nursery C.I.C maintains a significant role within the community, by providing high quality affordable childcare. We have a clear focus on children’s welfare and education, not on profit making. -Children from birth to 5 years have been able to access high quality care and education. -Parents and carers of children have been supported to gain employment by offering flexible session times for childcare, further develop their parenting skills through our support and training sessions, and to access further education. -We have supported a number of students through placements, and have an apprentice scheme. -Working closely with the Family Hub, to support children and families and identify community needs

Consultation with stakeholders

The stakeholders are the families who access our services mainly from the local community, Family Hub users, the community and staff. We have had consultation evenings, questionnaires and ongoing development meetings. The families attending wanted us to remain with the hourly charge rate which we have done. Families also wanted more flexibility with the time and days of consultation meetings regarding their children's development and therefore we now offer meetings during the day. We have attended and supported local groups that support the development of Broadfield and offered to run a parenting course in relation to this. Staff expressed a keen interest in developing their own projects within the nursery and community which included running parent workshops on children's development and school readiness.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
14 April 2025

And signed on behalf of the board by:
Name: Claire Jackson
Status: Director