THE LIGHTHOUSE LEARNING HUB COMMUNITY INTEREST COMPANY

Company Registration Number:
10598108 (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

THE LIGHTHOUSE LEARNING HUB 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

THE LIGHTHOUSE LEARNING HUB 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

Principal activities of the company

The company provides a preschool for 2 to 4-year-olds, accepting both funded and not early years funded children during their opening hours. The company also offers other educational activities for school-aged children such as tuition for learning difficulties and other after-school learning. The company employs qualified specialists in learning difficulties and offers an assessment service. The company also offers a number of activities for the community such as parent and toddler groups and family support. The company has benefitted the local community in several ways: by employing qualified teachers and other local childcare staff, training a number of apprentices and other volunteers to gain qualifications in childcare, supporting working parents with early and late childcare hours, offering a number of reduced cost lessons for local children, offering reasonably priced and/or subsidised assessments for learning difficulties.



Directors

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

Clare Vallence


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
13 February 2025

And signed on behalf of the board by:
Name: Clare Vallence
Status: Director

THE LIGHTHOUSE LEARNING HUB COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 358,594 261,569
Cost of sales: ( 4,899 ) ( 4,057 )
Gross profit(or loss): 353,695 257,512
Distribution costs: 0 0
Administrative expenses: ( 311,646 ) ( 264,218 )
Other operating income: 2,335 4,449
Operating profit(or loss): 44,384 (2,257)
Profit(or loss) before tax: 44,384 (2,257)
Tax: ( 8,340 ) 0
Profit(or loss) for the financial year: 36,044 (2,257)

THE LIGHTHOUSE LEARNING HUB COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,863 4,328
Investments:   0 0
Total fixed assets: 3,863 4,328
Current assets
Stocks:   0 0
Debtors: 4 1,867 1,378
Cash at bank and in hand: 119,458 71,742
Investments:   0 0
Total current assets: 121,325 73,120
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 5 ( 19,034 ) ( 4,337 )
Net current assets (liabilities): 102,291 68,783
Total assets less current liabilities: 106,154 73,111
Creditors: amounts falling due after more than one year: 6 ( 106,152 ) ( 73,109 )
Total net assets (liabilities): 2 2
Capital and reserves
Called up share capital: 2 2
Total Shareholders' funds: 2 2

The notes form part of these financial statements

THE LIGHTHOUSE LEARNING HUB 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 13 February 2025
and signed on behalf of the board by:

Name: Clare Vallence
Status: Director

The notes form part of these financial statements

THE LIGHTHOUSE LEARNING HUB 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery 20% Computer equipment 20%

THE LIGHTHOUSE LEARNING HUB 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 17

THE LIGHTHOUSE LEARNING HUB 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 2,554 2,504 5,058
Additions 122 508 630
Disposals
Revaluations
Transfers
At 31 August 2024 2,676 3,012 5,688
Depreciation
At 1 September 2023 283 447 730
Charge for year 527 568 1,095
On disposals
Other adjustments
At 31 August 2024 810 1,015 1,825
Net book value
At 31 August 2024 1,866 1,997 3,863
At 31 August 2023 2,271 2,057 4,328

THE LIGHTHOUSE LEARNING HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Trade debtors 208 0
Prepayments and accrued income 959 0
Other debtors 700 1,378
Total 1,867 1,378

THE LIGHTHOUSE LEARNING HUB 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
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 16,498 903
Accruals and deferred income 1,943 3,434
Other creditors 593
Total 19,034 4,337

THE LIGHTHOUSE LEARNING HUB 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
£ £
Other creditors 106,152 73,109
Total 106,152 73,109

COMMUNITY INTEREST ANNUAL REPORT

THE LIGHTHOUSE LEARNING HUB COMMUNITY INTEREST COMPANY

Company Number: 10598108 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

The company provides a preschool for 2 to 4-year-olds, accepting both funded and not early years funded children during their opening hours. The company also offers other educational activities for school-aged children such as tuition for learning difficulties and other after-school learning. The company employs qualified specialists in learning difficulties and offers an assessment service. The company also offers a number of activities for the community such as parent and toddler groups and family support. The company has benefitted the local community in several ways: by employing qualified teachers and other local childcare staff, training a number of apprentices and other volunteers to gain qualifications in childcare, supporting working parents with early and late childcare hours, offering a number of reduced cost lessons for local children, offering reasonably priced and/or subsidised assessments for learning difficulties.

Consultation with stakeholders

The company’s stakeholders are the local residents and families who attend its activities. These stakeholders are consulted on a regular basis. The company has advertised its services through local connections and has developed a good reputation within the community.

Directors' remuneration

Director's remuneration: £37,083

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 February 2025

And signed on behalf of the board by:
Name: Clare Vallence
Status: Director