|
|
|
Company Limited by Guarantee |
|
|
|
|
|
|
|
Company Limited by Guarantee |
|
Financial Statements |
|
Page |
|
|
Trustees' annual report (incorporating the director's report) |
1 |
|
Independent examiner's report to the trustees |
5 |
|
Statement of financial activities (including income and expenditure account) |
7 |
|
Statement of financial position |
8 |
|
Statement of cash flows |
9 |
|
Notes to the financial statements |
10 |
|
|
|
Company Limited by Guarantee |
|
Trustees' Annual Report (Incorporating the Director's Report) |
|
Registered charity name |
|
|
Charity registration number |
|
|
Company registration number |
|
|
Principal office and registered |
24 Richmond Avenue |
|
office |
Prestwich |
|
Manchester |
|
|
M25 0LZ |
|
|
|
||
|
|
||
|
|
||
|
Independent examiner |
|
|
2nd Floor - Parkgates |
|
|
Bury New Road |
|
|
Prestwich |
|
|
Manchester |
|
|
M25 0TL |
|
|
|
|
Trustee |
|
|
|
Company Limited by Guarantee |
|
Independent Examiner's Report to the Trustees of
|
|
|
|
Company Limited by Guarantee |
|
Statement of Financial Activities |
|
(including income and expenditure account) |
|
2024 |
2023 |
|||
|
Unrestricted funds |
Restricted funds |
Total funds |
Total funds |
|
|
Note |
£ |
£ |
£ |
£ |
|
Donations and legacies |
5 |
|
|
|
|
|
Charitable activities |
6 |
(
|
(
|
(
|
(
|
|
Investment income |
7 |
|
– |
|
|
|
Other income |
8 |
|
– |
|
|
|
--------- |
-------- |
--------- |
--------- |
||
|
Total income |
|
|
|
|
|
|
--------- |
-------- |
--------- |
--------- |
||
|
Expenditure on charitable activities |
9,10 |
|
|
|
|
|
--------- |
-------- |
--------- |
--------- |
||
|
Total expenditure |
|
|
|
|
|
|
--------- |
-------- |
--------- |
--------- |
||
|
--------- |
-------- |
--------- |
--------- |
|
|
Net income and net movement in funds |
|
|
|
|
|
--------- |
-------- |
--------- |
--------- |
|
|
Total funds brought forward |
|
– |
|
|
|
--------- |
-------- |
--------- |
--------- |
|
|
Total funds carried forward |
|
|
|
|
|
--------- |
-------- |
--------- |
--------- |
|
|
|
|
Company Limited by Guarantee |
|
Statement of Financial Position |
|
2024 |
2023 |
|
|
Note |
£ |
£ |
|
Tangible fixed assets |
16 |
|
|
|
Debtors |
17 |
|
|
|
Cash at bank and in hand |
|
|
|
|
--------- |
--------- |
||
|
|
|
||
|
Creditors: amounts falling due within one year |
18 |
|
|
|
--------- |
--------- |
||
|
Net current assets |
|
|
|
|
--------- |
--------- |
||
|
Total assets less current liabilities |
|
|
|
|
Creditors: amounts falling due after more than one year |
19 |
|
|
|
--------- |
--------- |
||
|
Net assets |
|
|
|
|
--------- |
--------- |
||
|
Restricted funds |
|
– |
|
|
Unrestricted funds |
|
|
|
|
--------- |
--------- |
||
|
Total charity funds |
21 |
|
|
|
--------- |
--------- |
||
|
|
|
Trustee |
|
|
|
Company Limited by Guarantee |
|
Statement of Cash Flows |
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Net income |
90,819 |
78,300 |
|
Adjustments for: |
||
|
Depreciation of tangible fixed assets |
|
|
|
Other interest receivable and similar income |
(
|
(
|
|
Interest payable and similar charges |
|
|
|
Accrued expenses |
|
|
|
Changes in: |
||
|
Trade and other debtors |
(
|
(
|
|
Trade and other creditors |
|
|
|
-------- |
-------- |
|
|
Cash generated from operations |
|
|
|
Interest paid |
(
|
(
|
|
Interest received |
|
|
|
-------- |
-------- |
|
|
Net cash from operating activities |
|
|
|
-------- |
-------- |
|
|
Purchase of tangible assets |
(
|
(
|
|
--------- |
-------- |
|
|
Net cash used in investing activities |
(
|
(
|
|
--------- |
-------- |
|
|
Proceeds from borrowings |
(
|
(
|
|
--------- |
-------- |
|
|
Net cash used in financing activities |
(
|
(
|
|
--------- |
-------- |
|
|
Net (decrease)/increase in cash and cash equivalents |
(
|
|
|
Cash and cash equivalents at beginning of year |
130,641 |
68,801 |
|
--------- |
--------- |
|
|
Cash and cash equivalents at end of year |
|
|
|
--------- |
--------- |
|
|
|
|
Company Limited by Guarantee |
|
Notes to the Financial Statements |
|
Fixtures and fittings |
- |
|
|
|
Equipment |
- |
15% straight line |
|
|
Portacabin |
- |
5% straight line |
|
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
|
£ |
£ |
£ |
||
|
Donations |
28,866 |
– |
28,866 |
|
|
Other Grants |
250 |
– |
250 |
|
|
Security Grants |
– |
30,977 |
30,977 |
|
|
-------- |
-------- |
-------- |
||
|
|
|
|
||
|
-------- |
-------- |
-------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
||
|
Donations |
73,115 |
– |
73,115 |
|
|
Other Grants |
– |
– |
– |
|
|
Security Grants |
– |
21,778 |
21,778 |
|
|
-------- |
-------- |
-------- |
||
|
|
|
|
||
|
-------- |
-------- |
-------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
|
£ |
£ |
£ |
||
|
Early years funding |
214,413 |
– |
214,413 |
|
|
EHCP funding |
– |
9,495 |
9,495 |
|
|
--------- |
------- |
--------- |
||
|
|
|
|
||
|
--------- |
------- |
--------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
||
|
Early years funding |
– |
176,745 |
176,745 |
|
|
EHCP funding |
– |
– |
– |
|
|
---- |
--------- |
--------- |
||
|
– |
|
|
||
|
---- |
--------- |
--------- |
||
|
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
£ |
||
|
Bank interest receivable |
|
|
|
|
|
|
------- |
------- |
------- |
------- |
||
|
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
£ |
||
|
Childcare |
534,299 |
534,299 |
451,392 |
451,392 |
|
|
Creche |
9,738 |
9,738 |
9,992 |
9,992 |
|
|
Voluntary contributions |
15,350 |
15,350 |
10,904 |
10,904 |
|
|
Other income |
5,426 |
5,426 |
4,682 |
4,682 |
|
|
SEN |
3,729 |
3,729 |
– |
– |
|
|
--------- |
--------- |
--------- |
--------- |
||
|
|
|
|
|
||
|
--------- |
--------- |
--------- |
--------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
|
£ |
£ |
£ |
||
|
Direct charitable expenditure |
681,564 |
38,568 |
720,132 |
|
|
Support costs |
42,963 |
– |
42,963 |
|
|
--------- |
-------- |
--------- |
||
|
|
|
|
||
|
--------- |
-------- |
--------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
||
|
Direct charitable expenditure |
427,370 |
198,523 |
625,893 |
|
|
Support costs |
45,492 |
– |
45,492 |
|
|
--------- |
--------- |
--------- |
||
|
|
|
|
||
|
--------- |
--------- |
--------- |
||
|
Activities undertaken directly |
Support costs |
Total funds 2024 |
Total fund 2023 |
||
|
£ |
£ |
£ |
£ |
||
|
Direct charitable expenditure |
720,132 |
39,359 |
759,491 |
666,052 |
|
|
Governance costs |
– |
3,604 |
3,604 |
5,333 |
|
|
--------- |
-------- |
--------- |
--------- |
||
|
|
|
|
|
||
|
--------- |
-------- |
--------- |
--------- |
||
|
Analysis of support costs activity 1 |
Total 2024 |
Total 2023 |
||
|
£ |
£ |
£ |
||
|
Staff costs |
28,253 |
28,253 |
33,087 |
|
|
General office |
11,106 |
11,106 |
7,072 |
|
|
Governance costs |
3,604 |
3,604 |
5,333 |
|
|
-------- |
-------- |
-------- |
||
|
42,963 |
42,963 |
45,492 |
||
|
-------- |
-------- |
-------- |
||
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Depreciation of tangible fixed assets |
15,135 |
8,170 |
|
-------- |
------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Independent examination of the financial statements |
1,500 |
1,500 |
|
------- |
------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Wages and salaries |
|
|
|
Employer contributions to pension plans |
1,123 |
605 |
|
--------- |
--------- |
|
|
|
|
|
|
--------- |
--------- |
|
|
2024 |
2023 |
|
|
No. |
No. |
|
|
Number of administrative staff |
4 |
5 |
|
Number of teaching staff |
71 |
66 |
|
---- |
---- |
|
|
75 |
71 |
|
|
---- |
---- |
|
|
Fixtures and fittings |
Equipment |
Portacabin |
Total |
|
|
£ |
£ |
£ |
£ |
|
|
Cost |
||||
|
At 1 September 2023 |
|
6,026 |
64,481 |
|
|
Additions |
|
2,289 |
107,684 |
|
|
-------- |
------- |
--------- |
--------- |
|
|
At 31 August 2024 |
|
8,315 |
172,165 |
|
|
-------- |
------- |
--------- |
--------- |
|
|
Depreciation |
||||
|
At 1 September 2023 |
|
1,635 |
6,448 |
|
|
Charge for the year |
|
1,247 |
8,608 |
|
|
-------- |
------- |
--------- |
--------- |
|
|
At 31 August 2024 |
|
2,882 |
15,056 |
|
|
-------- |
------- |
--------- |
--------- |
|
|
Carrying amount |
||||
|
At 31 August 2024 |
|
5,433 |
157,109 |
|
|
-------- |
------- |
--------- |
--------- |
|
|
At 31 August 2023 |
|
4,391 |
58,033 |
|
|
-------- |
------- |
--------- |
--------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Trade debtors |
|
|
|
Other debtors |
|
|
|
-------- |
-------- |
|
|
|
|
|
|
-------- |
-------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Accruals and deferred income |
|
|
|
Other creditors |
|
|
|
------- |
------- |
|
|
|
|
|
|
------- |
------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Bank loans and overdrafts |
|
|
|
-------- |
-------- |
|
|
At 1 September 2023 |
Income |
Expenditure |
At 31 August 2024 |
|
|
£ |
£ |
£ |
£ |
|
|
General funds |
208,057 |
813,442 |
(724,527) |
296,972 |
|
--------- |
--------- |
--------- |
--------- |
|
|
At 1 September 2022 |
Income |
Expenditure |
At 31 August 2023 |
|
|
£ |
£ |
£ |
£ |
|
|
General funds |
129,757 |
551,162 |
(472,862) |
208,057 |
|
--------- |
--------- |
--------- |
--------- |
|
|
At 1 September 2023 |
Income |
Expenditure |
At 31 August 2024 |
|
|
£ |
£ |
£ |
£ |
|
|
Restricted fund - grants receivable |
– |
40,472 |
(38,568) |
1,904 |
|
---- |
-------- |
-------- |
------- |
|
|
At 1 September 2022 |
Income |
Expenditure |
At 31 August 2023 |
|
|
£ |
£ |
£ |
£ |
|
|
Restricted fund - grants receivable |
– |
198,523 |
(198,523) |
– |
|
---- |
--------- |
--------- |
---- |
|
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
|
£ |
£ |
£ |
||
|
Tangible fixed assets |
179,170 |
– |
179,170 |
|
|
Current assets |
138,805 |
1,904 |
140,709 |
|
|
Creditors less than 1 year |
(2,054) |
– |
(2,054) |
|
|
Creditors greater than 1 year |
(18,949) |
– |
(18,949) |
|
|
--------- |
------- |
--------- |
||
|
Net assets |
296,972 |
1,904 |
298,876 |
|
|
--------- |
------- |
--------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
||
|
Tangible fixed assets |
76,072 |
– |
76,072 |
|
|
Current assets |
162,653 |
– |
162,653 |
|
|
Creditors less than 1 year |
(1,731) |
– |
(1,731) |
|
|
Creditors greater than 1 year |
(28,937) |
– |
(28,937) |
|
|
--------- |
---- |
--------- |
||
|
Net assets |
208,057 |
– |
208,057 |
|
|
--------- |
---- |
--------- |
||
|
At 1 Sep 2023 |
Cash flows |
At 31 Aug 2024 |
|
|
£ |
£ |
£ |
|
|
Cash at bank and in hand |
|
(42,115) |
|
|
Debt due after one year |
(28,937) |
9,988 |
(18,949) |
|
--------- |
-------- |
-------- |
|
|
|
(
|
|
|
|
--------- |
-------- |
-------- |
|
|
|
|
Company Limited by Guarantee |
|
Notes to the Financial Statements (continued) |