JACK & JILL PRE-SCHOOL Charity Registration Number 1000658
Page 1
LEGAL AND ADMINISTRATION DETAILS for the year ended 31 August 2020
CHARITY REGISTRATION NUMBER: 1000658 CONSTITUTION: The Charity is unincorporated. ADDRESS: Rear of Mill Lane School Via Whites Field, Mill Lane Chinnor, Oxfordshire, OX39 4RF GOVERNING INSTRUMENT: The original constitution was adopted on 15 May 1989. This has been replaced by The Pre-School Learning Alliance Model Constitution 2011 which was adopted on 11 November 2014
MANAGEMENT COMMITTEE and CHARITY TRUSTEES: The members of the Management Committee are elected annually at the Annual General Meeting and are also the Charity Trustees for the period of their appointment. The following Committee Members were members during the period or appointed after the period end H Milne Chairperson A Milne Treasurer P Garlick S Phal H Ansell L Messer R Lytzen F Sherrington PRE-SCHOOL BUILDING CUSTODIAN TRUSTEES: J Cave P Coull S Hargreaves M West J Wills BANKERS: CAF Bank Limited West Malling, Kent Scottish Widows Bank Plc Edinburgh INDEPENDENT EXAMINER: Jacqui Williams Accountancy Limited Chartered Accountants 14 Station Road Chinnor Oxfordshire OX39 4QD
The following Committee Members were members during the period or appointed after the period end
JACK & JILL PRE-SCHOOL Charity Registration Number 101X)658 Page 2 REPORT OF THE CHARITh TRUSTEES for the year ended 31 August 2020 The charity trustees present their report and the finanaal statements of the charity for the year ended 31 August 2020. The charity trustees have adopted the provisions of the Statement of Recommended Practice.. Accounting aThJ Rewing by Charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102}. ststement of the charity trustees. responsibilities The charity trustees are responsible for preparing the Report of the Chartty Trustees and the financial statements in accordan vrith applicable law and United lQ'ngdom Accoiunting Standards (United Kingdom Generally Awled Accounting Practice}. The law applicable to charities in England and Wales, the Charrties Act 2011, Chartty (Accounts and Reports) Regulations 2(K18 and the provisions of the trust deed, requires the tharity tnjstees to prepare financial $talements for each financial year whith give a true and fair view of the state of affairs of the charity and of the incoming reSoUrS and application of resourw, including the income and expenditure, of the charity for that period, In preparing the finanaal statements, th8 charity tnjstees arg required to.. select suitable accounting poliryes and then apply them consistently: observe the methods and principles in the Charrty SORP., make judgements and estimates that are reasonable and prudent, prepare the financial statements on the going corKxm basis unless it is inappropriate to presume that the charity will continue in oational existen. The charity trustees are responsible for keeping proper atxx)unting rerdS which disdose, with reasonable aCracY at any time, the financial position of the charity and to enable them to ensure that the financial slalements comply wth the Charities Act 2011, the Charity {Accounts and Provisions} Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. Objectives and activities of the charity for the public benefit The objectives of the tharity are lo advan the education of children below compulsory school age by providing safe and satisfying group play. eruragIng other charitable activslies through whith parents may help the children and furthering the aim of the Pre-school Leaming Alliar. In connection with this, the charity is a member of the Pre-S(knl Leaming Allan,. membership number.. D 1948G 26804. The charity trustees confim thay have refeed to the guidarK£ Q)nlained in Section 4 of the Charites Act 2011 and the Charities Commission general guidance on public benefit when reviewing the charity's aims for the public benefit_ Achivements and perfommnce During the period the thartty has carried out lis ot4'ectives by providing playgroup sessions and associated activities, for thildren below compulsory 001 age, on a tem)-period basis. in its own Pufpose-built premises an(J by arranging organised outings for those thildren.
JACK & JILL PRE4CHOOL Charity Registration Number 1000658 Page 3 REPORT OF THE CHARITI TRUSTEES {¢ontinued) for the year ended 31 August 2020 Financial review Reserves policy Unrestricted funds are required: to er¢sure that the charitys operating costs are o)vefed, wilhout whith the charity could not function., to provide fijnds to enable speufic projects to be undertthn at short rnti." arKI to provide funds for the future replament of the building thereby ensuring the fijture ontinuity of the charity. The charity trustees consider it pnjdent that unrestri(Aed general reserves shcmjld be sufficient.. to avoid the necessity of realising fixed assets held for the thariws use; to cover the charitys operating CA)sts for a minimum of the length of one tem. and to provide fvnds to assist with spwific projects. Unrgstricted general reserves are CUentlY above that rarue. The charty trustees hold regular meetings al which the level of reserves is monitored and reviewed. Otherinfomlation The results for the period are set out in the statement of fir181 acbvities. on page 4, and the balance sheet, on page 5, shows the assets and liabilities at the period ermd date. The charitys purpose built priseS stsnds on land lch is leased to the tharity. The building was first used during June 1993 and the initial lease term was for a penod ot 21 years which has been extended for an additional period of up to 17 years. The charity trustees consider the tharity lo be in a g[ finanaal position to continue carying out its objectives in the fijture. Approved by the charity trustees on and signed on their behaK by.. 12/</ZI
JACK & JILL PRE-SCHOOL Charity Registration Number 1000658 Page 4 STATEMENT OF FINANCIAL ACTMTIES for the year ended 31 August 2020 Unreslricled neral fund Buikling Redundancy fund fund Total 2020 Total 2019 INCOMING RESOURCES Income from: Donations Charitable activities Other trading activities Investments - bank interest 80.732 1,288 80,732 1.288 199 69,107 4,049 138 Total income 82,419 82,419 73,294 RESOURCES EXPENDED Expenditure on: Charitable activities". Staff costs Other administration 68.292 14.423 68,292 14,423 63,038 16,258 Total charitable activities expenditure 82.715 82,715 79,2 Other trading activities Other 129 930 129 930 330 Total expenditure 83,774 83,774 80,015 Net income before transfers Transfers between funds (1.355) (2,CW) 11,355) 16.721) NET MOVEMENT IN FUNDS {3.355) 11,3551 16,721) RECONCILIATION OF FUNDS Total fUrS brought forward 20.212 65.CO) 13,491 98,703 105,424 Total funds Carried forward 16.857 67,000 13,491 97.348 98,703 The notes on pages 6 to 9 fom part of these financial statements.
JACK & JILL PRE-SCHOOL Charity Registration Number 1000658 Page 5 BALANCE SHEET at 31 August 2020 2020 2019 Tangible fixed assets 5,442 6,204 Current assets Stocks Debtors Cash al bank.. Current account Deposit accounts 1,732 6,979 7,305 84,703 Totsl cuThent assets 93,562 93,740 Creditors Amounts falling due within one year 1,241 Net current assets 91.9( 92,499 Net assets 10 97,348 98,703 Funds Unrestricted funds General fund Buildings fund Redundancy fvrKI 16,857 67,(KK) 13.491 20,212 65,000 13,491 Total fvnds 97,348 98,703 Approved by the tharity trustees on and signed on their behalf b. jZ/fzz I The notes on pages 6 to 9 form part of these financial statements.
JACK & JILL PRE-SCHOOL Charity Registration Number 10(M)658 Page 6 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2020 1 Accounting policies Basis of ac¢ounting The financial statements have teen prepared in rdan wth the Statement of Recomm8nded Practice.. Accounting and Reporting by Charrties preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} and the Charities Act 2011. The finanaal statements have bean prepared on a going o)ncem basis under the historical cost convention. Reconciliation with previous generally accepted accounting practice Following adoption of the new accountirvJ standards. in preparing Ihe finanaal statements, the charity trustees have considered whether in applying the acrDunting poliaes required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was ruired. At the date of transition the charity trustees consider that no reslatement was required. Financial instruments The chartty only has financial assets and financial liabiltlies that qualrfy as basic financial instruments. Basic financial instruments, induding debtors and creditors due wthin (e year, are initially recognised transaction value and subsequerrtly measur1 at their setuemeni value. Incoming resources Afi income is recognised in the Statement of Finawal Activities On the tharity has entitlement to the funds, it is probable that the income will be received and the amount can rneasured reliably. Fundraising income, induded within other trading athvities. is recognised in the period in which the event lakes place. Expenditure Liabililies are recognised as expenditure as soon as there is a legal or (x)nstnJctive obligaiion committing the charity to that expenditure, It is probable that a transfer of economic benefits wll be required in settlement and the amount of the obligth.on can be measured reliably. Expenditure is accounted for on an accruals basis and has been das5rfied under headings that aggregate all costs related to the category. Tangible fixed assts and depreciati( Tangible fLxed assets are inlrtally slated at cK)st and are depreciated as follows: The original cost of the building has been depreaated on a straight line basis in order to lte off its cost over the original 21 year peric*J of the lease of the land on which it is built. The building was first used on 21 June 1993. An exiension of the lease of the larKI for a period of up lo 17 years has bn negotiated. Furniture, fittings and equipment purchased Sin 1 April 1999 is being depreciated on a straigm line basis, at 10% - 20% per annum. or over the rernaining period of the lease in order to write off the cost less estimated residual value over the estimated useful lrfe of the asseL Stock Stock is stated at the lower of cost arNd net realisable value, consistent wlth previous years. Grants received Revenue grant5 are recognised in the statemerrt of financial adivities so as to match them with the expenditure to which they contribute. Capital grants in respect of contributions towards the cost of the prfr school building are allocated to the capital st of the building. Taxation The charity is exempt from corporats'on lax on its charitable activtties.
JACK & JILL PRE-SCHOOL Charity Registration Number 1000658 Page 7 NOTES TO THE FINANCIAL STATEMENTS (continueoll for the year ended 31 August 2020 l Accounting policies {continued) Fund accounting Unreslricled funds can be used in accordance with the charitable objeclives at the discretion of the arity trustees. The unrestricted funds comprise the general fund, the buildings fund and the redundancy fund. The charity has rK) restricled funds. 2 Analysis of income Charitable activities Fees Grants Outings and Christmas parties Milk reimbursements 2019 3.632 76,560 6,553 61,923 68 563 69,107 80,732 b Other trading activities Outside events Photographs Sundry sales 997 3,848 68 133 4,049 291 1,288 3 Analysis of expenditure on charilable athitses Staff costs Gross wage5 and salaries Employerfs national insurance Employevs pension o)ntribubons (defined contrkbution scheme) 2020 2019 68,037 62,911 255 68,292 127 63,038 Average number of employees Teaching staff including standby assistants During the current and previous years no employ* received emoluments of more than £60,000. No. No. 2020 2019 b Other admirtistratlon Ground rent Rates and water Electricity Maintenance Telophone and postage Advertising Administration Training and staff weffare Photocopying and printing Paint, paper and consumables Pre-sthool equipment Refreshments Cleaning Insurances and PLA membership Grfts Outings and Christmas parties Depreciation and disposals of tangible fixed assets 285 {2C4JI 621 2,119 236 187 132 800 3,089 242 1,148 800 674 1,203 883 785 455 715 2,876 859 S52 1,923 270 651 1,117 14,423 16,258
JACK & JILL PRE-SCHOOL Charity Registration Number 10(M)658 Page 8 NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31 Avgust 2020 2020 2019 4 Analysls of expenditure on other trading activities Outside events Cost (rf sundry sales 129 389 129 389 2020 2019 5 Analysis of other expenditure Governance costs Independent examiners fees for rew1ing on the accounts Professional fees 165 765 930 165 165 330 6 Tangible fixed assets Pre-school building & associated fixlures and equÉpmenl Related grants Net total expenditure At 1 September 2019 Additions Disposals At 31 August 2020 70.566 355 9,950 60,616 70.921 9.950 60,971 Depreciation At 1 September2019 Charge for the year Disposals At 31 August 2020 54,412 1,117 55,529 Net book value al 31 August 2019 6,204 Al 31 August 2020 5.442 In line wth the depreciation policy, the original cost of the building, leh is included above, h8s now been fully depreciated. 2020 2019 7 Stocks Goods for resale 2020 2019 8 Debtors Due within one year_ Sundry debtors Prepayments 285 1,398 1,683 285 1,447 1.732
JACK & JILL PRE-SCHOOL Charity Registration Number 1000658 Page 9 NOTES TO THE FtNANCIAL STATEPAENTS (continued) for the year ended 31 August 2020 2020 2019 Creditors Amounts falling due within one year. Sundry creditors Taxes and social security Accruals Deferred income 691 148 214 879 517 1,656 1,241 10 Analysis of net assets between funds The total unrestricied futyls a allocated belween the general, buildings and redundancy funds. The unrestricted general fund provides for the day4¢>day operation of the charty. Tangible Net Current fixed assets assets At 31 August 2020 Tolal Unrestricted fund$ General fund Buildings fund Redundancy fund 5.442 11,415 6f,(YJO 13,491 16,857 67,000 13,491 5,442 91,906 97.348 Tangible Net CuThent fixed assets assets At 31 August 2020 Total Unreslrided funds General fund Buildings fund Redundancy fund 6.204 14,008 65,000 13,491 20,212 65,000 13,491 6,204 92,499 98,703 11 Trustees and key management personnel renneration and benefits The charity trustees were not paid ar did rrf)t r1Ve any remuneration or benefits for their services as charity trustees during the year. The charity trustees consider the teaching staff to be key management F*rsonnel for whom their total remuneration is as detailed in mte 3a.
JACK & JILL PRE4CHOOL Charity Registration Number 10011658 Page 10 REPORT OF THE INDEPENDENT EXAMINER for the year ended 31 August 2020 I report lo the truslees of Jack & Jill Pre-sthool on the financial statements of the charity for the year ended 31 August 2020. which are set out on pages 1 to 9. Responsibilities and basis of report As the charivs trustees, you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ('the Acri. I report in respect ot my examination of the Charit5 ats Carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)Ibl of the Independent examinerfs statement I have completed my examination. I confimi that m material matters have come to my attention in connection with the examination which gives me cause to believe that in. any material respect.. .the acwunting records were not kept in accordan with section 130 of the Charities Act., or .the accounts did not accord wth the accounttng records: or .the accounts did not comply wth the applicable requirements cOnMIng the fomi and nIent of accounts set out in the Charities (ACUnIS and Reports) Regulations 21J)8 other than any requirement that the acc4)unts give a Irue and fairf view which is not a matter considered as part of an independent examination. I have no conM$ and have come arx)ss no other matters in connection with Ihe examinalion to which attention should be drawn in this report in order to enable a proper understanding of the account o be reached. qui Williams FCA Jacqui Williams Accountancy Limited Chartered Accountants 14 Station Road Chinnor Oxfordshire Date