JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

Company Registration Number:
04689982 (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

JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

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

JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

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 principal activity of the company continued to be that of childcare.



Directors

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

Mrs A O Doherty


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
28 March 2025

And signed on behalf of the board by:
Name: Mrs A O Doherty
Status: Director

JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 222,742 199,080
Cost of sales: ( 122,769 ) ( 110,734 )
Gross profit(or loss): 99,973 88,346
Distribution costs: 0 0
Administrative expenses: ( 99,308 ) ( 93,232 )
Other operating income: 0 0
Operating profit(or loss): 665 (4,886)
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 633 ) ( 2,839 )
Profit(or loss) before tax: 32 (7,725)
Tax: 0 0
Profit(or loss) for the financial year: 32 (7,725)

JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 52,205 55,205
Investments:   0 0
Total fixed assets: 52,205 55,205
Current assets
Stocks:   0 0
Debtors: 4 10,062 396
Cash at bank and in hand: 155 13,541
Investments:   0 0
Total current assets: 10,217 13,937
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 53,948 ) ( 60,700 )
Net current assets (liabilities): (43,731) (46,763)
Total assets less current liabilities: 8,474 8,442
Creditors: amounts falling due after more than one year: 6 ( 21,730 ) ( 21,730 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (13,256) (13,288)
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (13,258 ) (13,290 )
Total Shareholders' funds: ( 13,256 ) (13,288)

The notes form part of these financial statements

JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

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 28 March 2025
and signed on behalf of the board by:

Name: Mrs A O Doherty
Status: Director

The notes form part of these financial statements

JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

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

    Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation. When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Freehold land and buildings - Nil Plant and equipment - 25% reducing balance Computers - 25% reducing balance Motor vehicles - 25% reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

    Other accounting policies

    Cash and cash equivalents Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Financial instruments Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 11 12

JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

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 43,206 81,420 124,626
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 43,206 81,420 124,626
Depreciation
At 1 September 2023 69,421 69,421
Charge for year 3,000 3,000
On disposals
Other adjustments
At 31 August 2024 72,421 72,421
Net book value
At 31 August 2024 43,206 8,999 52,205
At 31 August 2023 43,206 11,999 55,205

JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Trade debtors 526 396
Prepayments and accrued income 0 0
Other debtors 9,536 0
Total 10,062 396

JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

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 22,491 29,169
Trade creditors 4,450 5,850
Taxation and social security 1,300 1,361
Other creditors 25,707 24,320
Total 53,948 60,700

JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

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 21,730 21,730
Total 21,730 21,730

COMMUNITY INTEREST ANNUAL REPORT

JESTERS KIDS CLUBS & NURSERY SCHOOL CIC

Company Number: 04689982 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

In line with our objectives for the last year we have been incredibly busy providing integrated childcare for 0–12-year olds as always. We support the quality of life for local families in Mid Essex. We have continued to create a welcoming, stimulating, and safe family centered community service to enhance childhood experiences for all local children. The club is driven by a set of core values in consultation with staff and parents, designed to meet real needs for 0-12 year olds. Our continued aim “to help every child flourish and reach their full potential through a holistic approach within our integrated childcare service for 0–12-year-olds”. To be an exemplar place of learning through play, the ‘go to place’ for childcare. We provide Ofsted regulated, nurturing, safe and accessible full day care from 7.15am - 6.30pm for parents of babies & children of 5 years old, 51 weeks of the year that complements our Kids Club for 3–12-year-old children. The two businesses enable a full package (holistic) of childcare provision; they share a common vision, set of values, overarching priorities, operating processes and procedures for 0 - 12 yr olds all from one integrated site. We continue to employ, develop and train different local people either as paid employees or volunteers towards becoming childcare professionals thereby adding to the economic well-being of the local community. All staff in this team continue to invest in playwork development and ensure they are allied to the best all round programmes appealing to the older age range. At full service inset days this team often leads the activity based parts of the day bringing energy and motivation into the room. By working with partners from the local schools, health and early years departments we ensure we provide engaging services which meet real needs. We have facilitated activities and programmes’ for the benefit of local children, families and community groups and have offered dedicated property and our resources to other organisations. We ensured that we supported other local groups by investing in their services in the holidays with off- site trips. These enhance our own programmes and raise the profile of other allied businesses. This is also complemented by establishing and reinforcing different relationships with a range of our parents for the supply of goods and services, e.g. gardening, plumbing, building and supply of equipment. Providing a sustainable child centred service for the future, making the most of financial and environmental factors. We have influenced and been an active community partner, engaging local and regional organisations in areas relating to family welfare and childcare.

Consultation with stakeholders

Our children are consulted on a regular basis before and after activities and in the development of programmes that establish the themes for all our holiday clubs. Food featured highly this year with a large consultation between ourselves and our families on the quality and uptake of our menu. Children of this age require wholesome nutritionally balanced meals, but getting it right and appealing to this age range takes time and patience. The young people took ownership in designing the menu from guidelines offered. We worked with our partners in the Nutritional Alliance Food support programme to ensure the children had excellent choices to work from and now everyone is very happy, including the parents. At the end of the school year our children have started to be part of a graduating cohort ensuring the we celebrate their time with us. We continue to engage our parents to act as a steer and sounding board for the overall direction and needs of the club. We also fully utilised social media to keep our families abreast of activities and news on a weekly basis, we have also started to produce termly parental newsletters ‘the vibe’ which can be viewed at our website www.jesterskids.org . Throughout the pandemic we utlised Teams, hangouts, Zoom and other platforms to ensure everyone still had access to us for wellbeing and educational purposes.

Directors' remuneration

There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 May 2025

And signed on behalf of the board by:
Name: Alison Doherty
Status: Director