GREAT BENTLEY PRE-SCHOOL COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
06645135 (England and Wales)

Unaudited statutory accounts for the year ended 30 July 2024

Period of accounts

Start date: 1 August 2023

End date: 30 July 2024

GREAT BENTLEY PRE-SCHOOL COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 July 2024

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

GREAT BENTLEY PRE-SCHOOL COMMUNITY INTEREST COMPANY

Directors' report period ended 30 July 2024

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

Directors

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

Allison Hunt
Julie Wiles


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 May 2025

And signed on behalf of the board by:
Name: Allison Hunt
Status: Director

GREAT BENTLEY PRE-SCHOOL COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 July 2024

2024 2023


£

£
Turnover: 147,724 137,612
Cost of sales: ( 4,808 ) ( 5,309 )
Gross profit(or loss): 142,916 132,303
Administrative expenses: ( 147,603 ) ( 136,643 )
Operating profit(or loss): (4,687) (4,340)
Profit(or loss) before tax: (4,687) (4,340)
Tax: ( 140 ) 256
Profit(or loss) for the financial year: (4,827) (4,084)

GREAT BENTLEY PRE-SCHOOL COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 3,764 4,045
Total fixed assets: 3,764 4,045
Current assets
Debtors: 4 64
Cash at bank and in hand: 12,052 13,549
Total current assets: 12,116 13,549
Creditors: amounts falling due within one year: 5 ( 8,690 ) ( 5,718 )
Net current assets (liabilities): 3,426 7,831
Total assets less current liabilities: 7,190 11,876
Provision for liabilities: ( 909 ) ( 768 )
Total net assets (liabilities): 6,281 11,108
Members' funds
Profit and loss account: 6,281 11,108
Total members' funds: 6,281 11,108

The notes form part of these financial statements

GREAT BENTLEY PRE-SCHOOL COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 July 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 May 2025
and signed on behalf of the board by:

Name: Allison Hunt
Status: Director

The notes form part of these financial statements

GREAT BENTLEY PRE-SCHOOL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 July 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 measure at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery - 25% reducing balance Fixtures & Fittings - 25% reducing balance

    Other accounting policies

    Basis of Preparation of Financial Statements The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

GREAT BENTLEY PRE-SCHOOL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 10 9

GREAT BENTLEY PRE-SCHOOL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 13,041 2,490 15,531
Additions 1,100 1,100
Disposals
Revaluations
Transfers
At 30 July 2024 13,041 3,590 16,631
Depreciation
At 1 August 2023 9,982 1,504 11,486
Charge for year 1,019 362 1,381
On disposals
Other adjustments
At 30 July 2024 11,001 1,866 12,867
Net book value
At 30 July 2024 2,040 1,724 3,764
At 31 July 2023 3,059 986 4,045

GREAT BENTLEY PRE-SCHOOL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 July 2024

4. Debtors

2024 2023
£ £
Other debtors 64
Total 64

GREAT BENTLEY PRE-SCHOOL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 July 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 3,392 1,065
Other creditors 5,298 4,653
Total 8,690 5,718

COMMUNITY INTEREST ANNUAL REPORT

GREAT BENTLEY PRE-SCHOOL COMMUNITY INTEREST COMPANY

Company Number: 06645135 (England and Wales)

Year Ending: 30 July 2024

Company activities and impact

Great Bentley Pre-School is situated in a rural village and serves the families and children from neighbouring villages. We provide childcare for children from ages 2-5. Great Bentley Pre-School CIC was set up over 17 years ago and has gone from strength to strength, it has developed to meet the needs of the community it serves. It is now being managed and run by Allison Hunt and Julie Wiles as a Community Interest Company with the help and support of Essex County Council and 10 highly qualified members of staff. We are registered for sessional day care with Ofsted, who inspect the group every three to six years. At our last inspection, we were graded ‘Good,’ which we are all very proud of. We are also part of the Early Years Partnership in conjunction with Essex County Council. We work very closely with the primary school in this area and deliver an excellent transition period to support the children in their education progress and enjoy those close links with other businesses/groups within the village. For example, strawberry picking at our local farm and joining in with carnival days to raise funds.

Consultation with stakeholders

The stakeholders of the Pre-School are the families and children who attend our group, a parent questionnaire has given us some very positive feedback over the last few years and parents are invited to join our Autism coffee mornings to promote help and support within our setting. Parents are encouraged to meet their children’s Key Person annually and we keep parents informed of our up and coming events on our monthly newsletters, Facebook page, online learning journal and our informative website, which has currently been updated to include multi-languages.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in the respect of qualifying services was £55,200. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for directors’ 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
6 April 2025

And signed on behalf of the board by:
Name: Julie Wiles
Status: Director