for the Period Ended 31 August 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 August 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 September 2023
to
31 August 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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| Gross profit(or loss): |
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| Administrative expenses: |
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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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| 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 | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 4 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 5 |
(
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(
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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: | 6 |
(
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(
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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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 August 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 August 2024
| 2024 | 2023 | |
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| Average number of employees during the period |
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for the Period Ended 31 August 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 September 2023 |
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| Additions |
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| Disposals | ||||||
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| Transfers | ||||||
| At 31 August 2024 |
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| Depreciation | ||||||
| At 1 September 2023 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 31 August 2024 |
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| Net book value | ||||||
| At 31 August 2024 |
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| At 31 August 2023 |
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for the Period Ended 31 August 2024
| 2024 | 2023 | |
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| £ | £ | |
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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| Total |
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for the Period Ended 31 August 2024
| 2024 | 2023 | |
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| £ | £ | |
| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Other creditors |
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| Total |
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The Directors present their report with the financial statement of the CIC for the year ending 31st August 2024. Grow Learn Play Project CIC (GLPP) is a children’s nursery and community play provider based in Banbury. GLPP enables care and education for all children, including those with special needs or disability to access play, teaching and learning by trained practitioners. To assist in the provision of activities and facilities for education and in the interests of play and social welfare, for the benefit of the residents of Grimsbury and surrounding area of Banbury. We have continued to grow as a project and in order to meet the growing demand for nursery places due to the increased offer of government funding, we have decided to open a new room in September 2024. There has been planning and marketing of that during the course of the year so the room can accept our pre-school class in September. This has in turn created more capacity in our 2 year old spaces where the funded applications are currently coming from. In line with our community aims, we continue to ensure places can be fully funded with no top up charges or session restrictions. We have continued to keep our chargeable rates as low as possible so that any additional hours to be paid by the parent are as cost effective as possible. We have continued the program of refurbishment and looking to maximise the use of every area available to us. We are in negotiation to increase our space and make an application for a Capital Grant to create more floor space. We are excited by the developments to come and how we can increase our community presence and offering. We continue to strive to achieve and maintain a community presence. Our Early Years work has always been underpinned by a strong Community development ethos focusing on helping and supporting people within the community. GLPP has a community identity, by identifying, articulating, and meeting the needs that affect people in the communities’ everyday lives. Our initiatives such as our family support team and the expansion of our community groups which are very well attended has meant that we have reached a wide section of the community to offer support, advice and a social outlet for new parents with their children. The sessions have included Family Forest School, Baby groups, Stay and play and Messy Play amongst others. We work closely with partner organisations especially the board for ‘Grimsbury Networking’. This allows us to be part of community plans and to understand what the focus for the area is and where we could help. We also partner with our neighbours at The Ridings Care Home to arrange visits which not only benefits our children but is a delight to the residents.. The Directors.
No consultation with stakeholders
The total amount paid or receivable by directors in respect of qualifying services was £123,751. There was an arrangement for compensation for director’s loss of office of £10,000, which is required to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
15 May 2025
And signed on behalf of the board by:
Name: Jennie Clarke
Status: Director