for the Period Ended 31 August 2022
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2022 | 2021 | |
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| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | ( | ( |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | ( | ( |
Interest receivable and similar income: | | |
Profit(or loss) before tax: | | |
Tax: | ( | |
Profit(or loss) for the financial year: | | |
As at
Notes | 2022 | 2021 | |
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| £ | £ | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 3 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Accruals and deferred income: | ( | ( | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 August 2022
Basis of measurement and preparation
for the Period Ended 31 August 2022
2022 | 2021 | |
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Average number of employees during the period | | |
for the Period Ended 31 August 2022
2022 | 2021 | |
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£ | £ | |
Bank loans and overdrafts | | |
Amounts due under finance leases and hire purchase contracts | | |
Trade creditors | | |
Taxation and social security | | |
Other creditors | | |
Total | | |
Bright Stars pre-school has provided sessional childcare and education for over 500 children since opening in 2009. This past year we have noted an increase in the number of funded two year olds and children who are eligible for early years pupil premium and a higher number of children with special educational needs and our staff training programme takes account of these special needs. This indicates that we are in a prime position to support those children who are considered to be at a financial disadvantage. We continue to offer 30 hours of free (funded) childcare which is free at point of contact as no consumable charges have been made to parents, reducing financial barriers in getting parents into paid employment. We are fortunate to manage staff ratios that exceed minimum OFSTED requirements which facilitates better support for those children who need it. We continue to work with the school where we are based to ensure cohesive care and education and to aid smooth transition for children who join the school at age four years. We also maintain relationships with other schools that we feed into to support the children that go to them. Bright Stars pre-school also liaises closely with the local family and children’s wellbeing hub, undertaking integrated two-year reviews and team around the family meetings, providing workshops for our parents around toilet training, behaviour concerns etc. We also sign post parents to the sessions that the family hub run for families in the local area. The pre-school also employs seven local people and also offers work placements for local students undertaking childcare courses or students from the local secondary school.
Due to demand for spaces, following public consultation, we continue to offer 10 sessions each week, opening from 9:00am-3:00pm every day.We are liaising closely with Ongar Primary School, Brambles children’s and family wellbeing hub and parents and families of children in the local community. We send out regular questionnaires to the parents of the children attending to gain feedback with regards to our service. After collating the information, we then take action on points raised and feed back to parents. We are pleased to report that feedback is positive and all sessions continue to be operating at full capacity due to popularity. The company will continue to listen to and consider the needs of the stakeholders from the local community.
The financial year, the director received a salary of £24,889 inclusive of employers national insurance contributions
No transfer of assets other than for full consideration
This report was approved by the board of directors on
29 May 2023
And signed on behalf of the board by:
Name: Claire Owers
Status: Director