## **Hurley Pre-School** **Hurley House, Kempsford Road, London, SE11 4PB Phone/Fax 020 7582 1838 E-mail – hurleypreschool@gmail.com Web address: - hurleypre-school.com Registered Charity No. 1000974** ## HURLEY PRE-SCHOOL ANNUAL GENERAL MEETING TUESDAY 6[TH] FEBRUARY 2024 9.30am-10.30am or 5.00pm-6pm Ashley Barham (Chair) welcomes everyone to meeting, introduces herself and explains the housekeeping rules:- 1. Please turn off Mobile Phones. 2. There are refreshments for everyone, please help yourself. 3. Toilet facilities are available in the Family Room. 4. If the Fire Alarm sounds please follow staffs instructions and evacuate the building to our Assembly Point in Dryden Court The Annual General Meeting has been called to elect a new Committee for 24/25 and to adopt the Early Years Alliance Constitution and to update our Policy’s and any other documents. There will be questions and answers at the end of business today. Present: - Ashley Barham, Edna Fernadez, Princess Ajy, Sharon Langford, Shermaine Rowe, Nicola Smith Apologies: - Non Minutes of last AGM. Read and agreed? Matters arising: - The flood damage that was caused to the building has now been repaired by ourselves, we still have a small leak in the front entrance and we are still complaining about it. The first floor toilets have the new ceiling prepared but not up at the moment as that leak has not stopped. 1 Fund raising from our ‘shop’ and items in the front entrance has been a great success so if anyone has any items they would like to donate please bring them along. We haven’t been able to spend the time on our fund raising efforts and this should be our first priority as numbers of children attending are low. We are still partners with Sainsbury’s but there is not a lot of donations at the moment. We had a Christmas Party this year with entertainment and took the children to see lots of Christmas Trees. The full time children will also had a Christmas Lunch. Committee Report: - Ashley Barham (Chair) Thank you to everyone who has attended this meeting. It is very important that we elect a new Committee today in accordance with the Charity Commission and OFSTED rules. The 2022/23 Committee had several meetings over the year to discuss funding and the general running of the group. Minutes of these meetings are always displayed in the front entrance for Parents/Carers to read. There are no confidential matters displayed. Deadline for the Charity Commission, Inland Revenue and Discretionary Rates were all met as well as any invoices attached to the pre-school. We do not owe any monies. Updated Policies will need to be adopted and signed by the new Committee. Some of the wording for our Safeguarding Policy have been changed to cover all eventualities. There are a few new Policies too, which will be added. All new elected members will need an EY3 and EY2 form for OFSTED and DBS (Criminal Check) which the pre-school pay for before they can become Trustee’s. This certificate lasts for 3 years and will help anyone who is looking for employment as they can add this to their CV including the voluntary work they do as a member of the Committee. It is important to attend Committee Meetings when arranged or to let the Chair or the pre-school know that you are not attending. Thank you once again to the outgoing Committee members for their support throughout the year and we hope the new Committee settles into their role successfully. 2 Treasurers Report: - Jasmine Tharani-Gayton (now employed so stepped down) The accounts for the year 22/23 have been prepared by Chris Atkins & Co Certified Accountants in accordance with our Conditions of Grant Aid. They will be looking at this year’s accounts (23/24) in April 24. We have a Business Account with Santander. The accounts for 2022/23 are:- INCOME £185,301 EXPENCES: £208,693 Net Income -£23,392 Our numbers of children are down on this time last year but we hope to have children attending again in April 24 when some will receive their 2 year old funding and others the 30hr funding. We only had 4 new children starting this January. We have 6 months reserves for Maternity Pay, Severance Pay and running costs but we cannot always do this as fees and funding fluctuate. Our bank balance is healthy at the moment and we must make this last until at least July ’24. With the financial climate as it is at the moment we will need to make positive changes to the way we raise funds and charge for our services. Food for the children in the pre-school is becoming an issue and we may need to increase our charges. Please be aware that we do not get any funds for running the pre-school or for salaries etc. All the resources that we use to support the children we have to fund raise for. A Risk Assessment on our business strengths show that there is still a need for pre-school places but the funding of them is the problem. Some families do not qualify for any benefits and that includes childcare. The criteria for the 2 year old funding is based on income & benefits not on the need of the child. We are receiving interest from children who have not been approved because their parent’s income is just above the threshold. The ratios of staff to children did increase but this has not helped us at the moment. A threat to the business could be Parents/Carers losing their jobs or moving home and then not requiring fulltime places. We can report that we have met all our commitments this year but generating more income is a must if we want to improve our situation next year. 3 ## Staff Report – Rosemary Phillips In January 2024 we have 8 staff and all are DBS and referenced checked. All the staff have again worked extremely hard over the last year to improve the pre-school for all the children that attend; this includes training and workshops to keep them up to date with the children’s needs and the requirements of the authorities. Linda -Supervisor has been supporting staff with their planning and keeping the children’s new profile books up to date and completing the children’s Transition to School forms. New Contract of Employment were issued last year. Hidiat/Nassima/Awatif/Vjollca/Jasmine are responsible for their key children each day and plan accordingly. Awatif/Suad help with the children at Lunchtime and Linda/Rosemary clear the kitchen after lunch. Esmeralda is on Maternity Leave at the moment. All staff are responsible for the cleaning of the pre-school each evening. We have gone back to our original planning of separate group’s 2 year old upstairs older children downstairs and this works well. We do not have many children attending in the afternoons so we may have to think about staffing levels. ## **- - ELECTION OF 2024 2025 HURLEY PRE SCHOOL COMMITTEE** Parent’s names have been put forward for election and some members from last year are willing to stand again for a further year. If there are no objections these people will be elected onto the Committee and the 2022-2023 members will stand down. ## **Proposed New Committee Members 2024-2025** **Ashley Barham, Shermaine Rowe, Edna Fernandes Nicola Smith** (and Sharon Langford when her ID documents are completed) The roles of Chair, Treasurer and Secretary will be allocated at the first meeting. There was discussion regarding sharing the roles to support each other. Committee Members will need to apply for an EY3 Form, EY2 Form for a DBS check. 4 Committee Meetings will be held in the pre-school at a convenient time for everyone and at approximately 2 monthly intervals, unless there is something that needs to be dealt with immediately. The pre-school would like to thank all the members of last year’s committee, without your support we would not be able to finance the pre-school or do the things that we do for the children. The first task of the committee is to sign the Policies and Constitution etc. for the following year. ANY OTHER BUSINESS:- The profile books that we started last year are working well and parents pleased when they receive them. We had lots of SENCO support and advice from Lambeth to help us deal with children with additional needs. Staff attended Workshops and training throughout the year Sainsbury still support us by giving us donated food from their Vauxhall Store & Riverlight Stores. We have been approached by a Student who is studying at Brunel University to come and do some observations of one child. We have new health check forms for students in future. We celebrated lots of festivals throughout the year. We celebrated World Book Day and all the children received a voucher to spend on a book in WH Smith We had a lovely Graduation Day at the end of Summer Term for all the children leaving us to go on to their next school. Unfortunately it rained and we were flooded so we had to cancel the hot food etc. Santander workers came and painted the Family Room and Soft Play area and paid for the paint etc. Entered a Bee Competition in St Anslems. Christmas Party went well. END OF MEETING…12.00………….. NEXT MEETING TO BE ANNOUNCED………………… Signed ……… date…..06/02/24[:] 5 Charity number: 1000974 ## HURLEY PRE-SCHOOL Report of the Trustees and Unaudited Financial Statements For the year ended 31 March 2024 HURLEY PRE-SCHOOL Contents Page For the year ended 31 March 2024 1 ## Report of the Trustees Independent Examiner's Report to the Trustees 2 Statement of Financial Activities 3 Statement of Financial Position 4 Notes to the Financial Statements 5 to8 Detailed Statement of Financial Activities 9 to 10 | ## HURLEY PRE-SCHOOL Report of the Trustees For the year ended 31 March 2024 The Trustees have pleasure in presenting thair report and the financial statements for tha charity for tha year andad 34 March 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). ## OBJECTIVES AND ACTIVITIES Objectives and aims The trustees have considered the Charity Commision’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2y. ## FINANCIAL REVIEW The net incoming resources for the year resulted to the Surplus of £3972,05 and all which was attributable to the general reserves of the charity. ## REFERENCE AND ADMINISTRATIVE INFORMATION |Name ofCharity|HURLEYPRE-SCHOOL| |---|---| |Charity registration number|{000874| |Principal address|HURLEYHOUSE| ||KEMPSFORD ROAD, KENNINGTON| ||LONDON| ||SE114PB| Trustees The trustees and officers serving during the year and since the year end were as follows: Miss SHARON LANGFORD Miss ASHLEY BARHAM Miss JASMINE THARANI-GAYTON Miss SHERMAINE ROWE independent examiner CHRIS ATKINS SERVICES ONE LIMITED OFFICE 310, ACCESS SELF STORAGE UNIT 1, MERIDIAN TRADING ESTATE 20, BUGBY'S WAY LONDON ; SE? 7SF Approved by the Board of Trustees and signed on its behalfby SeerGh aikicueeaccas 14 August 2024 3 Miss JASMINE THARANI-GAYTON Taf 10 ## HURLEY PRE-SCHOOL Independent Examiners Report to the Trustees For the year ended 31 March 2024 | report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2024. ## Responsibilities and basis of report As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’). | report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## Independent examiners statement | have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination. | have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## Chris Atkins Services One Limited CHRISATKINS SERVICESONELIMITED =——s—=Total||)|(2,250)
(192,686)|(2,485)
(208,693)| |Net income/expenditure|||3,753|(23,392)| |Reconciliation offunds||||| |Total funds broughtforward|||263,046|286,438| |Total funds carried forward||_|266,799—|263,046| 3 of 10 ## HURLEY PRE-SCHOOL Statement of Financial Position As at 31 March 2024 ||||:||| |---|---|---|---|---|---| ||Notes|2024|||2023| |||£|||£| |Fixed assets|||||| |Tangible assets|10|144,500|||146,754| |||444,500||os|146,754| |Current assels|||||| |Debtors|Le)|-|||1,307| |Cashafbankand inhand||124,548|||117,235,| |Creditors: amountsfalling duewithinone year|12|(2,250}|||(2,250)| |Total assets less current liabilities||ee 266,789||Sos|263,046| |||||s|| |Thefunds ofthe charity|||||| |Unrestrictedincomefunds|13|266,799|||263,046| |Total funds||ee266,799|||263,046| The financial statements were appraved and authorised for issue by the Board and signed on its behaif by: SikbeMissbeaks JASMINEbe ROR EG THARANI-GAYTONes bas news ote Marnie nae wes chou macbeeeescuareee Trustee 14 August 2024 4of 10 HURLEY PRE-SCHOOL Notes to the Financial Statements For the year ended 31 March 2024 ## 1. Accounting Policies ## Basis of accounting The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. HURLEY PRE-SCHOOL meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## Going concern ## Incoming resources All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: ## Resources expended Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure: ## Taxation The charity is exempt from corporation tax on its charitable activities. ## Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Buildings:Long leasehold asset 2% Fixtures and Fittings 25% ## 2. Income from donations and legacies ||2024|2023| |---|---|---| ||£|£| |Unrestricted funds||| |Donations received|31,911|32,200| |Grants received|149,698|102,811| |Sponsorships received|-|12,060| |Giftsinkind|-|15,339| 5 of 10 ## HURLEY PRE-SCHOOL Notes to the Financial Statements Continued For the year ended 31 March 2024 ## 3. Other income ||2024|2023| |---|---|---| ||£|£| |Unrestricted funds||| |Other income 1|14,830|22,891| |Costs of charitable activities by fund type||| ||2024|2023| ||£|£| |Unrestricted funds||| |EDUCATION|190,436|206,208| |Supportcosts|2,250|2,485| |Costs ofcharitable activities by activity type||| ||2024|2023| ||£|£| |Activities undertaken directly||| |EDUCATION|190,436|206,208| |Activity 9|2,250|2,485| |Analysis ofsupport costs||| ||2024|2023| ||£|£| |Governancecosts|2,250|2,485| ## 4. Costs of charitable activities by fund type ## 5. Costs of charitable activities by activity type ## 6. Analysis of support costs 6 of 10 HURLEY PRE-SCHOOL Notes to the Financial Statements Continued For the year ended 31 March 2024 ## 7. Net income/(expenditure) for the year This is stated after charging/(crediting): |||2024|2023| |---|---|---|---| |||£|£| |Depreciation|ofowned fixed assets|3,867|3,715| |Accountancy|fees|2,250|2,250| ## 8. Staff costs and emoluments Total staff costs for the year ended 31 March 2024 were: |Total staff costs for the year ended 31 March 2024 were:||| |---|---|---| ||2024|2023| ||£|£| |Salaries andwages|148,299|154,754| |Social security costs|5,259|6,129| ||153,558|160,883| ||2024|2023| |Administration&Operations|11|9| ## 9. Comparative for the Statement of Financial Activities The comparative year values on the Statement of Financial Activites are for unrestricted funds. 7 of 10 HURLEY PRE-SCHOOL Notes to the Financial Statements Continued For the year ended 31 March 2024 ## 10. Tangible fixed assets **----- Start of picture text -----**
||||||||| |---|---|---|---|---|---|---|---| |Buildings:Lo|Fixtures|and| |Cost|or valuation|ng|leasehold|Fittings|Total| |asset| |£|£|£| |At|01|April|2023|194,762|94,649|289,411| |Additions|a|||simninnte|ie,|stmannnallite| |At|31|March|2024|194,762|ae|96,262,|291,024| |Depreciation| |At|01|April|2023|50,309|92,348|142,657| |Charge|for|year| |__|2,889|978|_3,867| |At31|March|2024|53,198|__|93,326,|146,524| |Net|book|values| |At|31|March|2024|141,564|2,936|144,500| |At31|March|2023|144,453|ee|2,301|146,754| **----- End of picture text -----**
## 11. Debtors **----- Start of picture text -----**
|||||||| |---|---|---|---|---|---|---| |2024|2023| |£|£| |Amounts|due|within|one|year:| |Other|debtors|-|1,307| |Creditors:|amounts|falling|due|within|one|year| |2024|2023| |£|£| |Accruals|and|deferred|income|2,250|2,250| **----- End of picture text -----**
## 12. Creditors: amounts falling due within one year ## 13. Movement in funds ## Unrestricted Funds General General **----- Start of picture text -----**
||||||| |---|---|---|---|---|---| |Balance|at|Incoming|Outgoing|Balance|at| |01/04/2023|resources|resources|31/03/2024| |£|£|£|£| |263,046|196,439|(192,686)|266,799| **----- End of picture text -----**
8 of 10 ## HURLEY PRE-SCHOOL Detailed Statement of Financial Activities For the year ended 31 March 2024 ## Unrestricted Funds - Previous year ||Balance at|Incoming|Outgoing|Balance at| |---|---|---|---|---| ||01/04/2022|resources|resources|31/03/2023| ||£|£|£|£| |General||||| |General|286,438|185,301|(208,693)|263,046| ||286,438|85,304|(208,693)|263,046| ## Purpose of unrestricted Funds ## General Unrestricted general funds - comprising funds which can be used in accordance with the charitable objects at the discretion of the trustees. ## 14. Analysis of net assets between funds ||Tangible|Net current|NetAssets| |---|---|---|---| ||fixed assets|assets /|| |||(liabilities)|| ||£|£|£| |Unrestricted funds|||| |General|||| |General|144,500|122,299|266,799| |Previous year|||| ||Tangible|Net current|NetAssets| ||fixed assets|assets /|| |||(liabilities)|| ||£|£|£| |Unrestricted funds|||| |General|||| |General|146,754|116,292|263,046| 9 of 10 This page does not form part of the statutory financial statements HURLEY PRE-SCHOOL Detailed Statement of Financial Activities Continued For the year ended 31 March 2024 **----- Start of picture text -----**
||||||||| |---|---|---|---|---|---|---|---| |2024|2023| |£|£| |INCOME|AND|ENDOWMENT| |Donations|and|legacies| |Fees|Received|31,914|32,200| |Nursery|Vouchers|&|Grants|149,698|102,811| |National|Savings|And|Investment|-|12,060| |Fund|Raising|-|15,339| |181,609|162,410| |Other|income| |Other|Income|1|14,830|22,891| |14,830|22,891| |Total|incoming|resources|)|196,439|OS|185,301| |EXPENDITURE| |Charitable|activities| |Staff Costs|- Wages &|Salaries|(Education)|(148,299)|(154,754)| |Staff Costs|-|Social|Security|Costs|(Education)|(5,259)|(6,129)| |Depreciation|- Owned|Assets|(Education)|(3,867)|(3,715)| |Learning|Aids,|Materials|&|Resources|(2,187)|(4,755)| |(Education)| |Security,|Health|&|Safety|(Education)|(2,211)|(1,662)| |Refreshments,|Food|&|Catering|(Education)|(15,786)|(6,702)| |Travels And|School|Outings|(Education)|(1,159)|(1,188)| |Telephone|(Education)|(691)|(1,010)| |Repairs &|Renewals|(Education)|(5,802)|(13,025)| |Printing,|Postage &|Stationery|(Education)|(1,236)|(991)| |Cleaning|&|Hygiene|(Education)|(663)|(8,675)| |Insurance|Premiums|(Education)|(654)|-| |Bank Charges|(Education)|(7)|(24)| |Water|Rates|(Education)|(959)|(913)| |Pet,|Garden &|Training|(Education)|(491)|(1,468)| |Donations To|Charity|(Education)|(20)|(25)| |Software|(Education)|(98)|(94)| |Volunteer|Expenses|(Education)|(820)|(500)| |L.B|Lambeth|Council|(Education)|-|(129)| |Children|Entertainment|(Education)|(227)|(449)| |(190,436)|(206,208)| |SUPPORT|COSTS| |Governance|costs| |Accountancy|Fees|(Activity|9)|(2,250)|(2,250)| |Professional|Fees|(Activity|9)|-|(220)| |Subscription|(Activity|9)|-|(15)| |(2,250)|(2,485)| |Total|resources expended|(192,686) a|~|(208,693)| |Net Income|-|)|3,753 a|'(23,392)| **----- End of picture text -----**
10 of 10 This page does not form part of the statutory financial statements Charity number: 1000974 ## HURLEY PRE-SCHOOL Report of the Trustees and Unaudited Financial Statements For the year ended 31 March 2024 HURLEY PRE-SCHOOL Contents Page For the year ended 31 March 2024 1 ## Report of the Trustees Independent Examiner's Report to the Trustees 2 Statement of Financial Activities 3 Statement of Financial Position 4 Notes to the Financial Statements 5 to8 Detailed Statement of Financial Activities 9 to 10 | ## HURLEY PRE-SCHOOL Report of the Trustees For the year ended 31 March 2024 The Trustees have pleasure in presenting thair report and the financial statements for tha charity for tha year andad 34 March 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). ## OBJECTIVES AND ACTIVITIES Objectives and aims The trustees have considered the Charity Commision’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2y. ## FINANCIAL REVIEW The net incoming resources for the year resulted to the Surplus of £3972,05 and all which was attributable to the general reserves of the charity. ## REFERENCE AND ADMINISTRATIVE INFORMATION |Name ofCharity|HURLEYPRE-SCHOOL| |---|---| |Charity registration number|{000874| |Principal address|HURLEYHOUSE| ||KEMPSFORD ROAD, KENNINGTON| ||LONDON| ||SE114PB| Trustees The trustees and officers serving during the year and since the year end were as follows: Miss SHARON LANGFORD Miss ASHLEY BARHAM Miss JASMINE THARANI-GAYTON Miss SHERMAINE ROWE independent examiner CHRIS ATKINS SERVICES ONE LIMITED OFFICE 310, ACCESS SELF STORAGE UNIT 1, MERIDIAN TRADING ESTATE 20, BUGBY'S WAY LONDON ; SE? 7SF Approved by the Board of Trustees and signed on its behalfby SeerGh aikicueeaccas 14 August 2024 3 Miss JASMINE THARANI-GAYTON Taf 10 ## HURLEY PRE-SCHOOL Independent Examiners Report to the Trustees For the year ended 31 March 2024 | report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2024. ## Responsibilities and basis of report As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’). | report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## Independent examiners statement | have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination. | have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## Chris Atkins Services One Limited CHRISATKINS SERVICESONELIMITED =——s—=Total||)|(2,250)
(192,686)|(2,485)
(208,693)| |Net income/expenditure|||3,753|(23,392)| |Reconciliation offunds||||| |Total funds broughtforward|||263,046|286,438| |Total funds carried forward||_|266,799—|263,046| 3 of 10 ## HURLEY PRE-SCHOOL Statement of Financial Position As at 31 March 2024 ||||:||| |---|---|---|---|---|---| ||Notes|2024|||2023| |||£|||£| |Fixed assets|||||| |Tangible assets|10|144,500|||146,754| |||444,500||os|146,754| |Current assels|||||| |Debtors|Le)|-|||1,307| |Cashafbankand inhand||124,548|||117,235,| |Creditors: amountsfalling duewithinone year|12|(2,250}|||(2,250)| |Total assets less current liabilities||ee 266,789||Sos|263,046| |||||s|| |Thefunds ofthe charity|||||| |Unrestrictedincomefunds|13|266,799|||263,046| |Total funds||ee266,799|||263,046| The financial statements were appraved and authorised for issue by the Board and signed on its behaif by: SikbeMissbeaks JASMINEbe ROR EG THARANI-GAYTONes bas news ote Marnie nae wes chou macbeeeescuareee Trustee 14 August 2024 4of 10 HURLEY PRE-SCHOOL Notes to the Financial Statements For the year ended 31 March 2024 ## 1. Accounting Policies ## Basis of accounting The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. HURLEY PRE-SCHOOL meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## Going concern ## Incoming resources All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: ## Resources expended Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure: ## Taxation The charity is exempt from corporation tax on its charitable activities. ## Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Buildings:Long leasehold asset 2% Fixtures and Fittings 25% ## 2. Income from donations and legacies ||2024|2023| |---|---|---| ||£|£| |Unrestricted funds||| |Donations received|31,911|32,200| |Grants received|149,698|102,811| |Sponsorships received|-|12,060| |Giftsinkind|-|15,339| 5 of 10 ## HURLEY PRE-SCHOOL Notes to the Financial Statements Continued For the year ended 31 March 2024 ## 3. Other income ||2024|2023| |---|---|---| ||£|£| |Unrestricted funds||| |Other income 1|14,830|22,891| |Costs of charitable activities by fund type||| ||2024|2023| ||£|£| |Unrestricted funds||| |EDUCATION|190,436|206,208| |Supportcosts|2,250|2,485| |Costs ofcharitable activities by activity type||| ||2024|2023| ||£|£| |Activities undertaken directly||| |EDUCATION|190,436|206,208| |Activity 9|2,250|2,485| |Analysis ofsupport costs||| ||2024|2023| ||£|£| |Governancecosts|2,250|2,485| ## 4. Costs of charitable activities by fund type ## 5. Costs of charitable activities by activity type ## 6. Analysis of support costs 6 of 10 HURLEY PRE-SCHOOL Notes to the Financial Statements Continued For the year ended 31 March 2024 ## 7. Net income/(expenditure) for the year This is stated after charging/(crediting): |||2024|2023| |---|---|---|---| |||£|£| |Depreciation|ofowned fixed assets|3,867|3,715| |Accountancy|fees|2,250|2,250| ## 8. Staff costs and emoluments Total staff costs for the year ended 31 March 2024 were: |Total staff costs for the year ended 31 March 2024 were:||| |---|---|---| ||2024|2023| ||£|£| |Salaries andwages|148,299|154,754| |Social security costs|5,259|6,129| ||153,558|160,883| ||2024|2023| |Administration&Operations|11|9| ## 9. Comparative for the Statement of Financial Activities The comparative year values on the Statement of Financial Activites are for unrestricted funds. 7 of 10 HURLEY PRE-SCHOOL Notes to the Financial Statements Continued For the year ended 31 March 2024 ## 10. Tangible fixed assets **----- Start of picture text -----**
||||||||| |---|---|---|---|---|---|---|---| |Buildings:Lo|Fixtures|and| |Cost|or valuation|ng|leasehold|Fittings|Total| |asset| |£|£|£| |At|01|April|2023|194,762|94,649|289,411| |Additions|a|||simninnte|ie,|stmannnallite| |At|31|March|2024|194,762|ae|96,262,|291,024| |Depreciation| |At|01|April|2023|50,309|92,348|142,657| |Charge|for|year| |__|2,889|978|_3,867| |At31|March|2024|53,198|__|93,326,|146,524| |Net|book|values| |At|31|March|2024|141,564|2,936|144,500| |At31|March|2023|144,453|ee|2,301|146,754| **----- End of picture text -----**
## 11. Debtors **----- Start of picture text -----**
|||||||| |---|---|---|---|---|---|---| |2024|2023| |£|£| |Amounts|due|within|one|year:| |Other|debtors|-|1,307| |Creditors:|amounts|falling|due|within|one|year| |2024|2023| |£|£| |Accruals|and|deferred|income|2,250|2,250| **----- End of picture text -----**
## 12. Creditors: amounts falling due within one year ## 13. Movement in funds ## Unrestricted Funds General General **----- Start of picture text -----**
||||||| |---|---|---|---|---|---| |Balance|at|Incoming|Outgoing|Balance|at| |01/04/2023|resources|resources|31/03/2024| |£|£|£|£| |263,046|196,439|(192,686)|266,799| **----- End of picture text -----**
8 of 10 ## HURLEY PRE-SCHOOL Detailed Statement of Financial Activities For the year ended 31 March 2024 ## Unrestricted Funds - Previous year ||Balance at|Incoming|Outgoing|Balance at| |---|---|---|---|---| ||01/04/2022|resources|resources|31/03/2023| ||£|£|£|£| |General||||| |General|286,438|185,301|(208,693)|263,046| ||286,438|85,304|(208,693)|263,046| ## Purpose of unrestricted Funds ## General Unrestricted general funds - comprising funds which can be used in accordance with the charitable objects at the discretion of the trustees. ## 14. Analysis of net assets between funds ||Tangible|Net current|NetAssets| |---|---|---|---| ||fixed assets|assets /|| |||(liabilities)|| ||£|£|£| |Unrestricted funds|||| |General|||| |General|144,500|122,299|266,799| |Previous year|||| ||Tangible|Net current|NetAssets| ||fixed assets|assets /|| |||(liabilities)|| ||£|£|£| |Unrestricted funds|||| |General|||| |General|146,754|116,292|263,046| 9 of 10 This page does not form part of the statutory financial statements HURLEY PRE-SCHOOL Detailed Statement of Financial Activities Continued For the year ended 31 March 2024 **----- Start of picture text -----**
||||||||| |---|---|---|---|---|---|---|---| |2024|2023| |£|£| |INCOME|AND|ENDOWMENT| |Donations|and|legacies| |Fees|Received|31,914|32,200| |Nursery|Vouchers|&|Grants|149,698|102,811| |National|Savings|And|Investment|-|12,060| |Fund|Raising|-|15,339| |181,609|162,410| |Other|income| |Other|Income|1|14,830|22,891| |14,830|22,891| |Total|incoming|resources|)|196,439|OS|185,301| |EXPENDITURE| |Charitable|activities| |Staff Costs|- Wages &|Salaries|(Education)|(148,299)|(154,754)| |Staff Costs|-|Social|Security|Costs|(Education)|(5,259)|(6,129)| |Depreciation|- Owned|Assets|(Education)|(3,867)|(3,715)| |Learning|Aids,|Materials|&|Resources|(2,187)|(4,755)| |(Education)| |Security,|Health|&|Safety|(Education)|(2,211)|(1,662)| |Refreshments,|Food|&|Catering|(Education)|(15,786)|(6,702)| |Travels And|School|Outings|(Education)|(1,159)|(1,188)| |Telephone|(Education)|(691)|(1,010)| |Repairs &|Renewals|(Education)|(5,802)|(13,025)| |Printing,|Postage &|Stationery|(Education)|(1,236)|(991)| |Cleaning|&|Hygiene|(Education)|(663)|(8,675)| |Insurance|Premiums|(Education)|(654)|-| |Bank Charges|(Education)|(7)|(24)| |Water|Rates|(Education)|(959)|(913)| |Pet,|Garden &|Training|(Education)|(491)|(1,468)| |Donations To|Charity|(Education)|(20)|(25)| |Software|(Education)|(98)|(94)| |Volunteer|Expenses|(Education)|(820)|(500)| |L.B|Lambeth|Council|(Education)|-|(129)| |Children|Entertainment|(Education)|(227)|(449)| |(190,436)|(206,208)| |SUPPORT|COSTS| |Governance|costs| |Accountancy|Fees|(Activity|9)|(2,250)|(2,250)| |Professional|Fees|(Activity|9)|-|(220)| |Subscription|(Activity|9)|-|(15)| |(2,250)|(2,485)| |Total|resources expended|(192,686) a|~|(208,693)| |Net Income|-|)|3,753 a|'(23,392)| **----- End of picture text -----**
10 of 10 This page does not form part of the statutory financial statements