REGISTERED CHARrr): ￿U￿BER. 10131)01 Report of tlie Trwiees and Lln*udltèd Fln8n¢lAI Statement$ for the I'eAr Emded 31 l¥l*reh 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'ln*nrlal .StAttmenti Det*ll*d Sl*rement 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 sta￿Tr¢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 Pl￿11¢¢ aiiplicoblc t() chariiie% prepuiing their aec4)unts iii AccordNnce wilh thc FinanLial Rworting stsnd￿d 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 m￿lS1¢ad Alion Humpshirn GIJ34 5LLi Truitee$ 11 D()114tred (resi8ned 7.11.23) K Dann A Sp¢rrring LI￿518ned 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•onlln￿ted 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 re1ponsi￿le 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 $1Nin8 m¢ cauK to beli￿.¢ that in 4n)' mlli¢riol tr8p￿l- counting r¢¢ords w¢re nol kew in Tespecl of the Tru8t BJ reqiiir¢d by Section 130 0l.thc Act: or th¢ llc¢ouni$ 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 Fin*nci*l Aeilvltle8 for the YeAr F.nded_Il M4rch 2024 31.3.24 31.3.2_1 Uttr¢srric￿d fvnd funds NotLs IYCOME AND EW4DOWMENTS fROM ChJrit*ble *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 Ch*rllAble *cIl￿tIeS Pr¢-school & Nur¥cry 199496 213 654 Tol81 214.279 NET If*COMEIIEXPENDITURE) 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 ¥ts*ments 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,-$00 Thc fin nci41 sta*ment8 w¢r¢ Approi'ed by the Board of TnL%t¢CS And Auihori8ed foy isstse on .and wer¢ signrd va its bthalf by: LrtLL Qrtfvi TnJ.%tee The n￿eS form part of these financial ststemeniy PHg¢4 MEDSTEAD PR￿SCHOOL & NUILSERY Notes to the Flnancl¥l.StJtemtnts for the YeAr Ended 31 MAreh 2U24 ACCOUNTING POLICIES B¥$ls of prep*ring the Ilngncl*l stotemtnts The financial 81iiietneats of the tharity, which is 8 public benefll enriiv under FRS 102, have been pre￿red in nccordance wilh Ihe CharttlLS SORP (FRS 102} 'Accounling JJ)d Reporting by Churitie%'. StateJ)Jcni of Recomm¢#d￿l Pr&¢ti¢¢ applictsble ￿ charitie$ prep•nng Iheir a¢counL4 in accordance i¥iih she Fin8n¢iAi Repo￿Ing 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 aCCrn￿5 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. T*nglble 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 Charl￿ble 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 peN￿n 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 Fin*nelAI 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$- eonilnutd for the I'e*r Ended 31 Mwrch 2024 COMPAIL4TII'&S FOR THE STATEMENY OTr FI.NAI%CIAL ACTtVITIES - ¢ondnued Lnrtstricted fund TOTAL FUNDS CARRIED FORIN'ARD TANGIBLE FfxED ASSF.'rs Improvement5 to properry Shorf loaschold Plaiii and maLhin¢ry Ai l April 2023 Additions 97,1SJ 36,184 10.283 Al 31 March 2024 DF.PRF.C.TATION AL l April ?023 ChHrg¢ t.or ycar 30.360 456 10,032 63 At 31 Mareh 2024 ET BOOK VALUE At 31 Mar¢h ?024 97.1.13 188 At 31 March 2V23 97.153 ?51 Fixtures C".umput¥f equipmL"nt fittin89 TO￿15 Ai l April 2023 Addiiii)n$ 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 colliinueurL ¢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 li￿d 194.649 (52.149) 142.500 TOTAL FUYDS S2.1491 142.5 PA8e 8 continued... MEDSTEAD PR￿SCHOOL & liL:ILSERV Note5 ¢0 ihe Fin4nci•l StAtements . contloued for the Yt*r F.nded.11 MArch 2024 IOVEMEhT IN FUNDS- ¢ontlAued Comparative nct movLinciit in fi￿d4 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