BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
Company limited by guarantee
Company Registration Number:
07021842 (England and Wales)
Unaudited statutory accounts for the year ended 31 August 2020
Period of accounts
Start date: 1 September 2019
End date: 31 August 2020
BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
Contents of the Financial Statements
for the Period Ended 31 August 2020
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2020
Principal activities of the company
Directors
The director shown below has held office during the whole of the period from
1 September 2019 to 31 August 2020
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
And signed on behalf of the board by:
Name:
Status: Director
BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
Profit And Loss Account
for the Period Ended
| 2020 | 2019 | |
|---|---|---|
| | £ | £ |
| Turnover: | | |
| Cost of sales: | ( | ( |
| Gross profit(or loss): | ( | ( |
| Distribution costs: | | |
| Administrative expenses: | ( | ( |
| Other operating income: | | |
| Operating profit(or loss): | ( | ( |
| Interest receivable and similar income: | | |
| Profit(or loss) before tax: | | |
| Profit(or loss) for the financial year: | | |
BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
Balance sheet
As at
| Notes | 2020 | 2019 | |
|---|---|---|---|
| | £ | £ | |
| Current assets | |||
| Debtors: | 3 | | |
| Cash at bank and in hand: | | | |
| Total current assets: | | | |
| Creditors: amounts falling due within one year: | 4 | ( | ( |
| Net current assets (liabilities): | | | |
| Total assets less current liabilities: | | | |
| Total net assets (liabilities): | | | |
| Members' funds | |||
| Profit and loss account: | | | |
| Total members' funds: | | |
The notes form part of these financial statements
BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
Balance sheet 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
BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 August 2020
-
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. Turnover is reduced for estimated customer returns, rebates or other similar allowances.
BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 August 2020
-
2. Employees
2020 2019 Average number of employees during the period 7 7
BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 August 2020
3. Debtors
| 2020 | 2019 | |
|---|---|---|
| £ | £ | |
| Other debtors | | |
| Total | | |
BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
Notes to the Financial Statements
for the Period Ended 31 August 2020
4. Creditors: amounts falling due within one year note
| 2020 | 2019 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts | | |
| Taxation and social security | | |
| Accruals and deferred income | | |
| Other creditors | | |
| Total | | |
COMMUNITY INTEREST ANNUAL REPORT
BRIGHT STARS PRE-SCHOOL COMMUNITY INTEREST COMPANY
Company Number: 07021842 (England and Wales)
Year Ending: 31 August 2020
Company activities and impact
Bright Stars pre-school has provided sessional childcare and education for over 450 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. 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 continueto 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
Consultation with stakeholders
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.
Directors' remuneration
During the financial year, the director received a salary of £19,553 inclusive of employers' national insurance contributions.
Transfer of assets
No transfer of assets other than for full consideration
This report was approved by the board of directors on
19 May 2021
And signed on behalf of the board by:
Name: Claire Owers
Status: Director