HADDENHAM PRE-SCHOOL
Statement of Accounts
Year ending July 31[st] 2023
Registered Charity Number 1019319
HADDENHAM PRE-SCHOOL
Contents
Year Ended July 31st 2023
| Page | |
|---|---|
| Trustees and Professional Advisers | 1 |
| Trustees Annual Report | 2 |
| Independent Examiner’s Report to Trustees | 4 |
| Receipts and Payments Account | 5 |
| Statement of Assets and Liabilities | 6 |
| Notes to the Accounts | 7 |
HADDENHAM PRE-SCHOOL
Trustees and Professional Advisors
Year Ended 31st July 2023
The Board of Trustees Amy Rudderham (Appointed 17/03/2021) Chairperson Christine Levett (Appointed 4/12/2020) Treasurer Nicole Kivlin (Appointed 14/12/2017) Secretary Molly Carrick (Appointed 6/4/2023)
Other Committee Members Tor Taylor (Resigned 17/10/2022) Carly Marie Juneau (Resigned 17/10/2022) Amy Calvin (joined 17/10/2022 – taken off 11/2022)
Registered Address Chewells Lane Haddenham Ely Cambridgeshire CB6 3SS Independent Examiner Chris Prescott, FCCA Pond House Station Road Haddenham Principal Bankers NatWest Woolpack Chambers 16 Market Street Ely CB7 4YY
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HADDENHAM PRE-SCHOOL
Trustees Annual Report
Year Ended 31st July 2023
The trustees present their report and independently examined accounts for the year ended 31st July 2023.
Structure, governance and management
The Pre-school began, and obtained charitable status, in 1968. The charity is registered with The Charity Commission for England and Wales (charity number 1019319) and is governed by a standard constitution for unincorporated charitable association Pre-schools. This constitution was updated to the 2011 version during the 2011 Annual General Meeting and is reviewed and re-adopted annually. The day to day running of the Pre-school is undertaken by an elected management committee.
Trustees are appointed by the members of the committee at the Annual General Meeting (AGM), if and when necessary.
Objectives and Activities
The charity exists to promote the learning and development of local children from 2.5yrs to 5 yrs. We do this by offering appropriate play & learning facilities, qualified staff, and a rich & inclusive environment for everyone. Children are all treated as individuals, and we delight in watching them progress through their time at Preschool. We aim to always act as a “good employer” for our staff team, and to ensure that appropriate training and support is provided.
Trustees and Public Benefit Statement
Members of the management committee and Trustees are listed on page 1. The Trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.
Financial Review
The Cash Deficit for 2023 is £9,941 of which restricted funds of £3,365 were released - (2022 – Surplus of £7,610).
The Pre-school aims to keep 6 months’ worth of funds to run the Pre-school and contingency reserves to cover redundancies or building replacement. Cash reserves at July 31[st] 2023 amounted to £41,469 (2022 £53,535).
Achievements and Performance
Pre-school has experienced a challenging financial year. Two significant increases in the national wage over the last two years increased our salary costs and combined with funding rates not rising in equal proportion, increase in costs due to inflation and a lower number in children signing up, pre-school started making losses.
To stabilise the financial position of pre-school, the Committee took the difficult decision to cut staff hours and in the year we lost another member of staff. Considering our challenges, the Committee are pleased with the final position this year. To strengthen our financial position further, we have combined year groups being able to offer more hours to children including a breakfast club and an after pre-
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school club and the view to run holiday clubs. We are looking forward to next year for which we already had higher bookings. Staff members have increased their hours again relatively to the higher bookings and we are expanding our team.
We were very fortunate to receive a Wellbeing grant of £9k last year and this grant money has continued to help support the Wellbeing of our children and staff.
We are delighted to have in place a fantastic, supportive, and experienced team of staff & volunteers.
The Committee are very happy with the performance of the Pre-School this year and will continue to sustain the high standards of an Outstanding Setting.
Independent Examiner
The independent examiner, Chris Prescott FCCA, has indicated his willingness to continue in office. A resolution will be proposed at the next trustees’ meeting to reappoint him and to fix his remuneration.
I declare, in my capacity of charity trustee, that:
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the Trustees have approved the report above; and
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have authorised me to sign it on their behalf.
Amy Rudderham Chair
Dated:
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HADDENHAM PRE-SCHOOL
Independent examiner's report on the accounts
Year Ended July 31st 2023
Report to the Trustees of Haddenham Pre-School on accounts for the year ended July 31[st] 2023, set out on pages 5-7.
Respective The charity's trustees are responsible for the preparation of the accounts. The responsibilities of charity’s trustees consider that an audit is not required for this year under section trustees and 144 of the Charities Act 2011 (the Act) and that an independent examination is examiner needed. It is my responsibility to:
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examine the accounts under section 145 of the Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
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to state whether particular matters have come to my attention.
Basis of My examination was carried out in accordance with general Directions given by the independent Charity Commission. An examination includes a review of the accounting records examiner’s kept by the charity and a comparison of the accounts presented with those records. statement It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent In connection with my examination, no material matter has come to my attention examiner's which gives me reasonable cause to believe that in, any material respect, the statement requirements:
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to keep accounting records in accordance with section 130 of the Act; and
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the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.
_______ C Prescott, FCCA, ATT Pond House 56 Station Road Haddenham
December 2023
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Haddenham Pre-School Receipts and Payments Account
For the year ended 31 July 2023
| Receipts: Donations and grants Charitable activities Other trading activities Investments Other Total Payments: Wages and payroll costs Repairs and maintenance Light and heat Office costs Fundraising expenditure Governance costs Insurance Other costs Total payments Net cash surplus/(deficit) for year |
Unrestricted funds 2023 £ 2,403 76,042 7,887 250 4,824 91,406 85,908 1,670 1,961 1,060 933 579 810 8,426 101,347 -9,941 |
Restricted funds 2023 £ - - - - - - - - - - - - - 0 0 |
Total funds 2023 £ 2,403 76,042 7,887 250 4824 91,406 85,908 1,670 1,961 1,060 933 579 810 8,426 101,347 -9,941 |
Total funds 2022 £ 14,107 88,107 6,932 13 4,785 113,944 88,039 1,114 2,508 1,765 703 395 2,600 9,210 106,334 7,610 |
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Haddenham Pre-School Statement of Assets and Liabilities
at 31 July 2023
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Charity No. 1019319 2023 2022
Fixed assets
Tangible assets 53,669 53,669
53,669 53,669
Current assets
Stocks 126 258
Trade debtors 2492 299
Cash at bank and in hand 41,469 53,535
44,087 54,092
Creditors: Amount falling due within one year 549 613
Net current assets 43,538 53,479
Total assets less current liabilities 97,207 107,148
Net assets 97,207 107,148
Total net assets 97,207 107,148
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Note: assets are shown at cost; no allowance has been made for depreciation
Signed on behalf of the trustees:
Amy Rudderham
Date
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