Registered number
04531247
Charity Registered number
1098690
Ladybird Pre-School Limited
Company Limited By Guarantee
Report and Unaudited Accounts
31 December 2024
Ladybird Pre-School Limited
Report and accounts
Contents
Page
Company information 1
Directors' report 2
Independent Examiner report 3
Income and expenditure account 4
Balance sheet 5
Notes to the accounts 6 - 8
Detailed income and expenditure account 9
Ladybird Pre-School Limited
Company Information
Directors
Mrs Maria Ellen Matthews (appointed on 01 December 2016)
Mrs Jayne Louisa Carpenter
Mr Alan Woodley
Secretary
Mrs Jayne Louisa Carpenter
Accountants
Ridgefield Consulting Ltd
2 Hinksey Court
Church Way
Oxford
Oxfordshire
OX2 9SX
Bankers
TSB
PO Box 373
Leeds
LS14 9GQ
Registered office
Meadow View
Harwell
Didcot
Oxfordshire
OX11 6DW
Registered number
04531247
Charity registered number
1098690
Ladybird Pre-School Limited
Registered number: 04531247
Directors' Report
The directors present their report and accounts for the year ended 31 December 2024.
Principal activities
The company's principal activity during the year continued to be enhancing the development and education of children under statutory school age.
Directors
The following persons served as directors during the year:
Mrs Maria Ellen Matthews (appointed on 01 December 2016)
Mrs Jayne Louisa Carpenter
Mr Alan Woodley
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the directors on 22/05/2025 and signed on their behalf.
Ms M Matthews
Director
Ladybird Pre-School Limited
Accountants' Report
Independent Examiner's report to the trustees of
Ladybird Pre-School Limited
I report on the accounts of the company for the year ended 31 December 2023, which are set out on pages 4 to 9.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
* examine the accounts under section 145 of the 2011 Act
* follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
* state whether particular matters have come to my attention
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the next statement.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
* to keep accounting records in accordance with section 386 of the Companies Act 2006 and
* to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities.
have not been met or
(2) to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mr Simon Thomas A.C.A.
Ridgefield Consulting Ltd
2 Hinksey Court
Church Way
Oxford
Oxfordshire
OX2 9SX
12 May 2025
Ladybird Pre-School Limited
Statement Of Financial Activity - Income & Expenditure Account
as at 31 December 2024
2024 2023
Total Unrestricted Restricted
£ £ £ £
Incoming Resources
Fees 234,617 234,617 - 233,805
Government funding and grants 415,300 407,680 7,620 280,216
Fundraising and donations 5,563 5,563 - 119
Interest receivable and bank incentives 867 867 - 734
Other operating income 280 280 - -
Total Incoming Resources 656,627 649,007 7,620 514,874
Resources Expended
Expenditure on charitable activities (542,997) (537,942) (5,055) (510,611)
Total Resources Expended (542,997) (537,942) (5,055) (510,611)
Surplus for the year 113,630 111,065 2,565 4,263
Total Funds Brought Forward 156,298 156,298 - 152,035
Total Funds Carried Forward 269,928 267,363 2,565 156,298
Ladybird Pre-School Limited
Registered number: 04531247
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 115,156 1,982
Current assets
Debtors 4 35,792 45,700
Cash at bank and in hand 122,041 118,780
157,833 164,480
Creditors: amounts falling due within one year 5 (3,173) (10,276)
Net current assets 154,660 154,204
Net assets 269,816 156,186
Reserves
Income and Expenditure Account 269,816 156,186
Retained reserves 269,816 156,186
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ms M Matthews
Director
Approved by the trustees on 22/05/2025 and signed on their behalf.
Ladybird Pre-School Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Incoming resources
The Charity relies on three main sources of income which are fees from pre-school, donations and grants. Interest received is included when received.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Land and Buildings 21 years straight line
Office Equipment 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 34 35
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 January 2024 133,075 31,315 164,390
Additions 98,151 24,912 123,063
At 31 December 2024 231,226 56,227 287,453
Depreciation
At 1 January 2024 133,075 29,333 162,408
Charge for the year 7,728 2,161 9,889
At 31 December 2024 140,803 31,494 172,297
Net book value
At 31 December 2024 90,423 24,733 115,156
At 31 December 2023 - 1,982 1,982
4 Debtors 2024 2023
£ £
Trade debtors 33,000 41,500
Prepayments 2,792 4,200
35,792 45,700
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other taxes and social security costs 3,173 10,276
6 Other information
Ladybird Pre-School Limited is a private company limited by guarantee and incorporated in England. Its registered office is:
Meadow View
Harwell
Didcot
Oxfordshire
OX11 6DW
7 Ultimate controlling party
There is no controlling party.
The company is limited by guarantee and does not have a share capital, its members agreeing
to contribute £10 each to the assets of the company in the event of it being wound up.
In the event of the company being wound up, any retained surplus shall not be payable to the
members but must be transferred to an institution with similar objectives to the company.
Consequently, the accumulated surplus shown above does not constitute members' funds.
Ladybird Pre-School Limited 04531247 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts July 2024 Ms M Matthews 04531247 2023-01-01 2023-12-31 04531247 1 2023-01-01 2023-12-31 04531247 core:WithinOneYear 2023-12-31 04531247 core:RetainedEarningsAccumulatedLosses 2023-12-31 04531247 2024-01-01 2024-12-31 04531247 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04531247 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04531247 bus:Director1 2024-01-01 2024-12-31 04531247 bus:Director2 2024-01-01 2024-12-31 04531247 bus:CompanySecretary1 2024-01-01 2024-12-31 04531247 bus:Director40 2024-01-01 2024-12-31 04531247 1 2024-01-01 2024-12-31 04531247 1 2024-01-01 2024-12-31 04531247 2 2024-01-01 2024-12-31 04531247 core:LandBuildings 2024-01-01 2024-12-31 04531247 core:PlantMachinery 2024-01-01 2024-12-31 04531247 countries:England 2024-01-01 2024-12-31 04531247 bus:FRS102 2024-01-01 2024-12-31 04531247 bus:FullAccounts 2024-01-01 2024-12-31 04531247 2024-12-31 04531247 core:WithinOneYear 2024-12-31 04531247 core:RetainedEarningsAccumulatedLosses 2024-12-31 04531247 core:LandBuildings 2024-12-31 04531247 core:PlantMachinery 2024-12-31 04531247 2023-12-31 04531247 core:LandBuildings 2023-12-31 04531247 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure