DOWNHALL UNDER FIVES C.I.C.

Company limited by guarantee

Company Registration Number:
06944876 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

DOWNHALL UNDER FIVES C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

DOWNHALL UNDER FIVES C.I.C.

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

Pre-primary education



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Ms E A Crust
Ms L E Mancktelow


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
7 April 2025

And signed on behalf of the board by:
Name: Ms E A Crust
Status: Director

DOWNHALL UNDER FIVES C.I.C.

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 182,822 152,539
Cost of sales: ( 3,894 ) ( 3,642 )
Gross profit(or loss): 178,928 148,897
Administrative expenses: ( 167,828 ) ( 142,940 )
Operating profit(or loss): 11,100 5,957
Interest receivable and similar income: 522 75
Interest payable and similar charges: ( 109 ) ( 135 )
Profit(or loss) before tax: 11,513 5,897
Tax: ( 2,419 ) ( 1,385 )
Profit(or loss) for the financial year: 9,094 4,512

DOWNHALL UNDER FIVES C.I.C.

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 4,814 6,030
Total fixed assets: 4,814 6,030
Current assets
Debtors: 4 5,063 3,997
Cash at bank and in hand: 110,106 95,124
Total current assets: 115,169 99,121
Creditors: amounts falling due within one year: 5 ( 19,370 ) ( 13,632 )
Net current assets (liabilities): 95,799 85,489
Total assets less current liabilities: 100,613 91,519
Provision for liabilities: ( 915 ) ( 1,171 )
Total net assets (liabilities): 99,698 90,348
Members' funds
Profit and loss account: 99,698 90,348
Total members' funds: 99,698 90,348

The notes form part of these financial statements

DOWNHALL UNDER FIVES C.I.C.

Balance sheet statements

For the year ending 30 June 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 7 April 2025
and signed on behalf of the board by:

Name: Ms E A Crust
Status: Director

The notes form part of these financial statements

DOWNHALL UNDER FIVES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 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

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 25% on reducing balance

    Other accounting policies

    Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Hire purchase and leasing commitments Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease. Pension costs and other post-retirement benefits The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

DOWNHALL UNDER FIVES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 10 10

DOWNHALL UNDER FIVES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 23,332 23,332
Additions 389 389
Disposals
Revaluations
Transfers
At 30 June 2024 23,721 23,721
Depreciation
At 1 July 2023 17,302 17,302
Charge for year 1,605 1,605
On disposals
Other adjustments
At 30 June 2024 18,907 18,907
Net book value
At 30 June 2024 4,814 4,814
At 30 June 2023 6,030 6,030

DOWNHALL UNDER FIVES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
£ £
Trade debtors 3,156 2,563
Prepayments and accrued income 1,907 1,434
Total 5,063 3,997

DOWNHALL UNDER FIVES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 949 538
Taxation and social security 5,797 4,573
Accruals and deferred income 12,624 8,521
Total 19,370 13,632

COMMUNITY INTEREST ANNUAL REPORT

DOWNHALL UNDER FIVES C.I.C.

Company Number: 06944876 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The CIC operates a preschool for children under 5 years old in the Rayleigh/Hullbridge area. The preschool is Ofsted registered and provices educational opportunities for all those attending.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The directors remuneration information is within the notes of the annual accounts.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 April 2025

And signed on behalf of the board by:
Name: Ms E A Crust
Status: Director