REGISTERED CHARrr): UBER. 10131)01 Report of tlie Trwiees and Llnudltèd Fln8n¢lAI Statement$ for the I'eAr Emded 31 l¥lreh 2024 MEDSTEAD PRE-SCHOOL & NURSERY B2() Liniit¢d LThartered C'enifiLd ALcountant8 ChLkfwLII Hou%¢ IA,'ilsiJm Road Alion HiUnP.¥I)i¥c U34 2PP
rTrlEDSTEAD PRE-SCHOOL & NURSER Y C.onlents of the Flnan¢lAI St8tement$ rDr the Yemr Ended 31 Mareb 2024 Pagt R¢port of the Trnsleel Ind¢p¢nd¢M( Eumlner'i Report BglAn¢e Shé¢t otes to the Tr'lnnrlal .StAttmenti Detlld Slrement of Flnan¢lAI Aerfvltl 10 I
MEDSTEAD PRE-SCHOOL & NURSERY Report of the Truitees for the l'ear Elldtd 31 Nlireh 2024 The iTU¥t¢c& present th¢ir report w'ith the financial staTr¢nI$ of the ¢hartty for the ycar ¢nd¢d 31 March 2024. The ha%¢ adoptLMI the provisions of A¢countin8 And Reporting by Charits'¢s.' Statement of Recomm¢nd¢d Pl11¢¢ aiiplicoblc t() chariiie% prepuiing their aec4)unts iii AccordNnce wilh thc FinanLial Rworting stsndd applic4bl¢' Lli Ih¢ -1 (Lffeclii'c l J8nuaT>' 2(Tr19}. l IK lind RLpiiblic ot Ireland IFRS 101 STRUC.TURF.. GOVERNANCE AND I¥IANAGEMENT Governing do¢umtnt Th¢ charily is knonttolled by lis governing documcnL u deed of truM Mnd ¢onstitiitCb lln unincoiTrx)r8t¢d Lharity. REFERENCE AND ADMINISTRATh'E DETAILS Regl8tered Ch4rltF' number 1013001 Prtnclpal 2ddresi Roe Downs Road mlS1¢ad Alion Humpshirn GIJ34 5LLi Truitee$ 11 D()114tred (resi8ned 7.11.23) K Dann A Sp¢rrring LI518ned 7.11.23) S Rodw'ell K KrnEter Ire%igned 7.11.23) Norton Iresigned 7.11.23) A Eivans (appointed 7.11.231 C Flullett Idpwinie(17.11.23} CI FtsFd (apkxyinl¢d 7.11.23) ndepeDdenl F.x#mlner B20 Ltmit charir.red Ccnilicd Accounian15 Charw¥ll Hou%v Wilsoni Ro8d Alion Hdrnpshire Gl.'34 2PP P•onllnted person K W(Trrthin¥li)ii-Maliniood ApprovLNI by order ot"th¢ board of trusleu L)n ,... .. . and signed on its b¢halt' by.. Trnsl¢c Paue I
Indtpendent Examlner's Repori to tht Trustees of MEDSTEAD PRE-SCHUOI. & YURSERY Independtnt txAmlner's rep•rt lo the tru¥tee5 of MEDSTEAD PRk-SCHO()I, & NIIR%Tr.RI' I report to the charity trusiees on my examinatiun of the accounts of MEDSTF.AD PRt-SCHCK)L & NURSIRY (thc Tn]s11 for the )ear crJd¢d 31 March 2024. Responsibllltle5 #nd basig of report A.4 the Lhariry, uwst¢¢& of (he you art re1ponsile foT th¢ preparation of the accounts ID ¥crprd•nce with the requiremenis of the Chyrilies Acl 2011 (Ihe Act,). I report in re5PCCt of my examii)&tion of the Trust's 8¢cuun(s ¢#rri¢d ou( urtder 8ection 145 of the Acl and in cJJTring oui my oxaTlliDatioD I have followed all 4ppli¢able Directions ,¢ by the Thanly Commi&%ion undcr Sernon 148{SXb) of thc Act. Independeni ex%miTrer'i statement I haN"e conipletcd mTr' examindtion. l ¢onf)m that no rMteri41 motters have corn¢ ro my attention in contt¢ciion with lh¥ examin#iion $1Nin8 m¢ cauK to beli.¢ that in 4n)' mlli¢riol tr8pl- counting r¢¢ords w¢re nol kew in Tespecl of the Tru8t BJ reqiiir¢d by Section 130 0l.thc Act: or th¢ llc¢ouni$ do not 4¢cord with thoNe recorfs: or the aceounig ijo nui comply with the zppli¢8ble requir¢mLmt% concerning ihc fom) and contcnt of CoL5nt5 Set oul iii the Cl)ariiie% (Ac¥ountg And Kcportsl RegulAtions 2008 othffl thun any requircmcnt thdt Ihe oc¢ountk ¥iv PAC and fair vi¢w which is not a niatt¢r ¢onsid¢r¢d as pat1 of *r) iiidcpeiideits LxaiiiiiiatsLXI. I havc no concems and hav¢ come a¢ro85 no othcr mait¢r5 in comection M'iih rhc cxaniinauon whi¢h an¢ntion should bc drawn in this r¢p(rt in order w cn8bl¢ ll PTOPLY uTJd¢rsLthding of ihe accounts io be re4¢hed. f.atvlin¢ S¢iill B2U Limit¢d CTrLwlcrLd c.ertified A¢¢ountants l."huiwLII IIUu8C Wilsum Ro&d Alton Il¥mi?lihirL' GL'34 2PP Pagc 2
MEDSTEAD PRE-SCHOOL & Y4URSERY Stittm¢Dt bf Finncil Aeilvltle8 for the YeAr F.nded_Il M4rch 2024 31.3.24 31.3.2_1 Uttr¢srricd fvnd funds NotLs IYCOME AND EW4DOWMENTS fROM ChJritble etivltffieJ Pre-school & Nlur5try 200,109 159,631 RdiNill8 tunds Oiher inLom¢ 2.171 559 2,181 .318 I'olwl 202 1139 162 130 EXPENDITI',RE O Raising funds 596 625 ChrllAble cIltIeS Pr¢-school & Nur¥cry 199496 213 654 Tol81 214.279 NET IfCOMEIIEXPENDITURE) 2.747 (52.249) RLCONCILIATJON OF FU,NDS Toial fvnds bmu8hi (orward 142,499 194.649 TOI'AL b iIND.S CARRIED FORW'ARD 145 246 The form p8it of financi41 ¥tsments Pa8¢ 3
MEDsfEAD PRE-SCHOOL & IYURSER Y Balaii¢e Sheet 31 Nl8r¢h 2024 31.3.23 Tvl#l funds Unr¥stnct¢d fur NDtes FIXED A&SETS T8nèpbl¢ a4%ets 115.143 119.285 CURRENT ASSETS Dcbtor5 Cash al bank" ond hund 4,672 4,168 34,429 28,186 CRE,DITORS AmuunLN lullin8 du¢ wiihin one yel l4,326) (4,971) ET CURRENT ASSETS 23 TOTAI. ASSETS LESS CURRENT I.IABII.ITIES 145.246 142,$00 YET ASSETS 145 246 linrcytri¥led fun&q 145 246 TOTAL FUNDS 145.246 142,-$00 Thc fin nci41 sta*ment8 w¢r¢ Approi'ed by the Board of TnL%t¢CS And Auihori8ed foy isstse on .and wer¢ signrd va its bthalf by: LrtLL Qrtfvi TnJ.%tee The neS form part of these financial ststemeniy PHg¢4
MEDSTEAD PRSCHOOL & NUILSERY Notes to the Flnancl¥l.StJtemtnts for the YeAr Ended 31 MAreh 2U24 ACCOUNTING POLICIES B¥$ls of prepring the Ilngncll stotemtnts The financial 81iiietneats of the tharity, which is 8 public benefll enriiv under FRS 102, have been prered in nccordance wilh Ihe CharttlLS SORP (FRS 102} 'Accounling JJ)d Reporting by Churitie%'. StateJ)Jcni of Recomm¢#dl Pr&¢ti¢¢ applictsble charitie$ prep•nng Iheir a¢counL4 in accordance i¥iih she Fin8n¢iAi RepoIng Standanl appli¢able in the UK dnd Republic of li'elAnd (FR8 102) Icffcctive l Junuary Financial Reporting Siandard 102 The FinMnii&l Reporting SL'ind4rd applieAble in rhe IJK und RepubliL of Irel&nd' tsnd the Chttrities A¢t 2011, The financial yt&t¢mLmts hai'e b¢eTr prvpsred uader IhL his10ri¢o1 cost conveniirjn. All in¢oin¢ 15 r¢¢o8niJ¢d in the st4iem¢iit of Finaiicial Aciiviti¢ts one¢ the LhHJity h& CDrid¢in¢iii to the fund>J 11 Is prob&bl¢ ihat the income .]]1 b¢ re¢eived And the Amoun4 be m¢iLYUI'ud rLlidbly. Expendltmre Liubilitics Are re¢ogni%¢d as ¢xp¢ndilure 88 %oon As therc is tt l¢Bul OT eonstrnctiv¢ obliyAliOn commirting the chdriry. to ihai expendiiurn, il is probÉibl¢ thai a transfer of econvmi¢ b¢ncfit% will bo reqiiir¢d in settlcment and the tsmount of ihL obligat3on can b¢ mca5ured rcliiibly. Expty)diiure is acL(>Ulltcd for an aCCrn5 baHi$ and h&8 bcLn ¢14s$ifi¢d under hcad?rsgs tha1 a88r¢gaf¢ ull LUS( rLlatcd to thL iatcgory. Where ¢0sis cannot k dirccity aiiributcd ro partlLular headin85 the! havc bcen allo¢alcd 10 a¢tivities i)n a ba8iS ¢OTJJl&tcni %%'tth ihe u5¢ Df resDur¢e5. Tnglble fixed $$ets DcprcciauDn i pmvided at tl)e following annual rJi¢s in ord¢r to wrilc oif ch a&%er over it% tt4tirnatryl fuL life. Improvcmenrs io property Plani mochinery Fixtures rmd fiiiin¥$ Coinputer ¥qLiipmcDt 25°/D on rtducing balance 250/4) redubinB btslwiio 250/4 on redu¢uits bal&nc¢ 33Vo VtTr rL.duiinB balance TaiAllon 1.lie clidriiy 18 cxempt from tu on it$ chAritnble activities. Fund accountlng Unr&tricEcd tuiid$ ¢All be US in oc¢vrdanc¢ wilh the Charlble obj¢ctiv¢s at ibe di6ci'euoii of th¢ vu51ecb. R¢slricted fvllds can only bc used for particular restrtL'led purpoges within thc ob]¢¢ts of the charity. Restriction. Bri4e when sP¢CitI by iht donor oi. when funds arc ruis¢d for partlLular r((ricted purpos¢y. Fiirther explanatid)n of the and putPL%e of C8L'h fund i¥ inLludgd in tbe not¢s to the finAllLial .4ta*m¢nt4. Peosion ¢ost5 other POlil-redrnmen¢ beneflts The char]ty oi)¢rate$ a defined coniribution pensiLm tschcnie, Conlribulionfi p8>iublc lo the Lbarity's peNn sL'hkinL' are chiw¥knd lo thc Stateineni or rin&nLiuI Activitics in the period to whiLh Il)ey relatc. Page 5 cottriuued...
.MEDSTE.4D PRE-SCFIOOL & NURSERY Notes to the FinnelAI Statements- eontlhutd for the Ye#r Endèd 31 fvfareh 2024 RAISIThG FUNDS -1 l.J.24 31.3.23 FundrAising TRLISTEES, REMUNERA TION BENEFITS Ther¢ w¢re no trust¢d r¢mun¢rntion tsr other benefits. for IhL year crKlcd 31 MarLh 2024 nor for thc ycar rndtd 31 Morch 2023. Trusteej. eipenges Tliere M'erc no 31 March 2023. co, ¢xpenses paid for the year ended 31 March2024 nor for th¢ vcar ended STAFF COSTS Th¢ a&ern8e monihly number of employeex during the year w¥s as follows: 31.324 31.3.23 14 Pr¢ School & Nur5w Si8ff No ¢mploy¢u .¢¢I¥¢d ¢molumcnts in ¢xc¢s$ of £60.1JJO. COMPAIL41'1VES POR THE STATEMENT OF FtNANCIAL ACTII'ITIF UnrcJfriLt IP4C()ME AND Tr:NDOWMFNT4 TrIiOM C.hxrliAble ctlvltl Pre-school & Nunery 159,631 Raising fvndA Other in¢'am¢ 2,181 318 Totsl 162 130 EXPF.NDITURF. ON Raising fund5 625 Charltoble artlvl¢l¢s Pre-school & NurE¢ry 213,654 Total 214.279 NET INCOMEI(EXPF.NDITURE) 152,149) RECONCILIATION OF FUNDS Total tund8 broughi forward 194.649 Page 6 ot)tinued..,
MEDSTEAD PRE-SCHOOL & NURSERY Y4rJteJ to the Flnanclal .8IAtemtnl$- eonilnutd for the I'e*r Ended 31 Mwrch 2024 COMPAIL4TII'&S FOR THE STATEMENY OTr FI.NAI%CIAL ACTtVITIES - ¢ondnued Lnrtstricted fund TOTAL FUNDS CARRIED FORIN'ARD TANGIBLE FfxED ASSF.'rs Improvement5 to properry Shorf loaschold Plaiii and maLhin¢ry Ai l April 2023 Additions 97,1SJ 36,184 10.283 Al 31 March 2024 DF.PRF.C.TATION AL l April ?023 ChHrg¢ t.or ycar 30.360 456 10,032 63 At 31 Mareh 2024 ET BOOK VALUE At 31 Mar¢h ?024 97.1.13 188 At 31 March 2V23 97.153 ?51 Fixtures C".umput¥f equipmL"nt fittin89 TO15 Ai l April 2023 Addiiii)n$ 6,Y:2 3114 191.810 1.5L(7 At 31 March 2024 42,1155 IQ) 781 DEPRECIA Tiof4 Ai l April 2023 Lhurge t-or yur 25.882 6.251 331 Ai 31 M8rch 2024 30.115 78.638 Nwf BOOK I'AI.UE Ai J l Mdrlh 2024 704 115.143 At JI March 2023 h71 119.2AS P8¥e 7 colliinue<L..
MEDSTEAD PRE SCHOOL & )URSER Y tste8 to the Flngn¢il St¥tementi - contlnued ror the Ye•r F.nded 31 .M8rch 2024 DF.BTORS: ANiouNf$4 FALLIY4G DUE WITHIN ONE YEAR Jl.324 31.3.23 Tr4de debtors Prepayments 1,438 4.67? CREDTTORS: AMOb'NTS FALLING DUE WITHIN ONE YEAR 31.3.23 Taxation And y0cl Éecuyity Oiher crediiorA 3,586 740 3.926 4.326 MOVEMENT I.Y FUNDS Nei mL)vernent in fun(i% At 31.3.24 Ai 1.4.23 [Inretcted fund• Ciin¥r#l funLI 142.499 2.747 145,246 TOTAL FUNDS 142 499 145 240 Nd moi'¢mLYII in funds. in¢ludc(l in ihc ab)v¥ 4ro' Js follow¥: Re&(>urL ¢xp¢nded Mt)vement LTJ funds resouree8 Unreslri¢ted funds Gcncrnl fund 202,113g (200.092) 2,747 TO'fAL FUi%DS 202 839 200.0921 Comp&r*tlYes for Movom•nl ID fuod$ N¢1 Ai 1,4.22 in fuDds 31.323 Unresirlcied fulld$ Jeneral lid 194.649 (52.149) 142.500 TOTAL FUYDS S2.1491 142.5 PA8e 8 continued...
MEDSTEAD PRSCHOOL & liL:ILSERV Note5 ¢0 ihe Fin4nci•l StAtements . contloued for the Ytr F.nded.11 MArch 2024 IOVEMEhT IN FUNDS- ¢ontlAued Comparative nct movLinciit in fid4 included in thc &bove arc as follows: Incoming resources Rest)iiJres expended Movement in funds UDreStrleI funds Cjencral fijnd 162,130 (214,279) (52,149) TOT AL FUNDS 214 279) 52 149} A CU¢nI vear12 months and wior year 12 m(Mthy ¢ombin<xI position is as followti.. Net movement in I'undg Ai 31.3.24 At 1.4.22 Unrertrlcttd funds GLn¢ral lund 194.649 149.402) 145247 TOTAL FLThDS 49,402) 145 247 A currenr year 12 Inonth thnd prior yeor 12 mollths ¢ombincd n¢t niov¢tn¢ni in fuu(L¥. inLluded in the above &* follows., Incomin8 resoiwctl Re60urces XPLnded Mi)%'ement in funds UDregirl¢ied fundi G¢neral ftund 364,969 1414,371) (4ri.402) TOTAL FUNDS 364.969 414 371) 49.4021 RF.LAI'ED PARTY DISCLOSURkS Thcre wue no rel•tryl purty traDV¢tiOnS for th¢ year ¢nd¢d 3 l Mah 2024. PaBe 9
MEDSTEAD PRE-SCHOOL & NiiRSERV Detlled Sttemtnt of FlnnelAI Actiidtl for the YeOT Ettded 31 Maych 2024 31.324 31.3.23 INCONIE AND ENDOWMENTS Raliln8 fuDdi Fun(JrBising 2,171 2.IAI C.barliable icrfvldes Fees H&mpshir¢ Cf %'ouch¢r Vigits. 77,374 121.940 795 s6,1 102,989 200,109 159,031 Otknèr Intome Deposit aeLount interest .159 318 TDt•l In¢tsmlhg Yere0$ 202.R39 16? 130 EXPLNDITLRE RAlsiDg donAtlons and l%iel¢8 Fwid raising cos15 596 Ch4ritAble Aetlvltl 159.614h 168,005 4.044 6,639 4,421 1.401 Pen¥ion st4bli6hm¥ni Lvsl clewlin cutltraL¢or Repairs & renew'als Equipmcni & ¢onsumiiblcA Milk & truii & melli Visits 7,829 1,892 2,2211 4,422 tA7 979 181,581 19ry 367 Support co%ly Man&Eemeryl AdD)inibtrniion FtR Nuppon Sundricy PLA and training 2.772 2,868 338 3.178 7.068 318 927 9J79 1,491 Flnan¢¢ Bank charges 2J4 312 Other Improvements to propcrty Carri¢d forw4NL 1,456 1,456 1,941 1,941 This page does no¢ forni part of th¢ gtatu¢ory fJn8nci&I statements Page 10
MEDSTE.iD PRE-SCHOOL & NURSERY Detalled St•tement of FlnanelAI Aerfsatlei for the YeAr Ended 31 March 2024 31.3.23 Other Brou¥ht forward Plant and m4¢htll¢ry FiXr¢S and lilting¥ Ci)mpu¢er equipment 1.456 1,941 4,243 .lil 5,128 .135 6.113 7,488 verDaJb¢e ¢osti Aicowitancy and pa011 To7 resource& expended 214.279 Net lucomel(e¥pendl¢ure) 52 149) 21 }11 | 2 Th?s pag¢ di)es noi fomi part of the stsluiory hnanLial yiuiements Pagcll