## **Trustees' Annual Report for the period**
Period start date Period end date 01 09 2021 31 08 2022 **From To**
## Section A Reference and administration details
**Charity name** Mere Green 0-5
**Other names charity is known by**
**Registered charity number (if any)** 1019905
**Charity's principal address** Mere Green Library & Community Centre 30A Mere Green Road Sutton Coldfield **Postcode B75 5BT**
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Duncan Gore Chair Family members of Mere
Melanie Green 0-5 (parents/carers
2 who attend Mere Green 0-
Panayiotou
5 Pre-School and/or Mere
3 Vicky Moran Secretary
Green 0-5 Stay & Play
Laura Treasurer (from group) elect the
4
Vaakanainen March 21) Management Committee
members (trustees).at the
Rachel Mar 21 – May 22
5 AGM by majority vote.
Hammond
6 Emma Jinks Jul 21 – May 22
Up to 3 further co-opted
7 Kamiljit Dhoot May 22 – to date committee members can
8 be join the management
9 committee part way
through the year. They
10
are accepted onto the
11 committee by a
committee member vote
12
at a regular committee
13 meeting.
14
15
16
17
18
19
20
**----- End of picture text -----**
## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Dates acted if not for whole year**
**Name**
**TAR**
Nov 2021
1
## **Names and addresses of advisers (Optional information)**
**Type of adviser Name Address**
## **Name of chief executive or names of senior staff members (Optional information)**
Melanie Panayiotou (Pre-School Manager)
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
Constitution dated August 2016
- (eg. trust deed, constitution)
How the charity is constituted Association
- (eg. trust, association, company)
Trustee selection methods Trustees elected by members vote at AGM or up to 3 co-opted (eg. appointed by, elected by) members voted in by current trustees.
## **Additional governance issues (Optional information)**
You **may choose** to include We follow the Pre-School Learning Alliance Constitution and tend additional information, where to follow their policies and procedures for recruitment and relevant, about: training
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
The pre-school is managed by the management committee which is made up of parents and carers of children who use or have used the charities services, who volunteer to this role. The management committee employ paid qualified staff to run the pre-school and stay & play group.
We are registered with OFSTED and are regularly inspected. We were rated good at our last inspection in Oct 2019.
Systems, policies and procedures are reviewed and updated as required.
Risk assessments are carried out for all eventualities. Decisions and policies are made and cascaded to all staff and parents/carers.
**Section C Objectives and activities**
**TAR**
2
Nov 2021
The aim of Mere Green 0-5 is to enhance the development and education of pre-school age children, by providing a safe **Summary of the objects** environment in which to learn and play. **of the charity set out in its governing document**
Mere Green 0-5 runs a preschool playgroup open to children from the age of 2 to 5. This operates Monday and Tuesday mornings, and all day Wednesday to Friday.
We also run a Stay & Play group with sessions open to children from 0-3 and their parents/carers.
Mere Green 0-5 promotes early education in line with the Early Years Foundation Stage profile and has been rated as good by OFSTED. **Summary of the main activities undertaken for** In setting our objectives and planning our activities our trustees **the public benefit in** have given careful consideration to the charity commissions **relation to these objects** general guidance on public benefit. **(include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
## **Additional details of objectives and activities (Optional information)**
**TAR**
3
Nov 2021
We are successfully operating with an elected committee of volunteer members.
Government Early Education Entitlement Funding enables us to employ staff who work closely with the committee to provide an OFSTED good rated community pre-school.
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
Volunteers work closely with staff to provide a safe stimulating environment for all children and adults. Together, volunteers and staff, continually evaluate and grow to ensure the setting provides the very best care for the children, their families and the community.
- contribution made by volunteers.
**TAR**
Nov 2021
4
Section D Achievements and performance
## **Summary of the main achievements of the charity during the year**
Fundraising events during the year raised: £286
Our preschool is very popular. We are proud of the wide range of play and learning activities provided at our preschool. We plan activities based upon the Early Years Foundation Stage Profile and the individual needs and interests of our children. We operate from a room within a community centre. As we don't have exclusive use of the room, we need to reinvent the space every day, which gives us an excellent opportunity to vary the activities we offer. We are fortunate to have a fantastic outdoor play area, provided from fundraising activity in past years. Our children have a wide range of activities they can undertake outside.
Behaviour at our sessions is generally excellent, which is testament to the structure of the sessions and our excellent staff. Our view, and that of their parents, is that when the children leave 0-5 to start school they are school ready, thanks to their experiences at Mere Green 0-5.
There have been no serious incidents to report during this period.
**TAR**
Nov 2021
5
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
We endeavour to maintain a reserve fund (cash funds) of 3 – 6 months average operating costs to protect Mere Green 0-5 against unforeseen expenses; fluctuations in demand for places; changes in government policy on early years funding and future projects. This also covers the costs that would be incurred should we cease to operate. At the end of this period our reserve account held funds of £22000. These funds are held in a separate reserve account.
**Details of any funds materially in deficit**
N/A
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
Our main source of funding is fees and charges for our services. This is supplemented by fundraising activity led by the management committee. This year we have held various fundraising activities including cake sales and nearly new sales.
- the charity’s principal sources of funds (including any fundraising);
Our main expenditure is staff costs and rent.
- how expenditure has Our income for the year was £103,444, which makes us eligible supported the key for independent examination. This has been undertaken by objectives of the charity; Kathy 0 Donnell (BA HONS) FCCA MAAT DIFR and her report is attached below.
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)**
**Full name(s)** Duncan Gore Laura Vaakanainen **Position (eg Secretary, Chair, etc)**[Chair] Treasurer
**TAR**
6
Nov 2021
Registered number 1019905
MERE GREEN 0-5 REGISTERED CHARITY NO 1019905
Report and Accounts
31 August 2022
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Report and accounts Contents**
||**Page**|
|---|---|
|Centre information|1|
|Treasurers' report|2|
|Accountants' report|3|
|Profit and loss account|4|
|Balance sheet|5|
|Statement of changes in equity|6|
|Notes to the accounts|7|
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Company Information**
## **Accountants**
KATHY O DONNELL FCCA MAAT 35 HILL LANE BASSETTS POLE SUTTON COLDFIELD W MIDLANDS B75 6LE
1019905
**Treasurer** Laura Vaakanainen
1
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Registered number: 1019905 Treasurers' Report**
I approve these account which comprise of the Profit and Loss Account , Balance Sheet and the related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the accounting basis as set out in note 1, and for providing all the information and explanations necessary for their compiliation,
LAURA VAAKANAINEN TREASURER
2
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Accountants' Report**
## **Accountants' report to the directors of MERE GREEN 0-5 REGISTERED CHARITY NO 1019905**
You consider that the company is exempt from an audit for the year ended 31 August 2022. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
## **Special Note:**
**There is a error in the previous year's accounts- namely a transaction received from BCC on 3rd Sept 2021 of £8969.22 which was a funding payment for the children for the Autumn term (Sept -Dec21) which was included in the accounts of 2020-21. It should be accounted for in the 21- 2022 accounts. This means the accounts for 2020-21 have been overstated . An amendment has been made to reflect this and it has been shown in the Profit & Loss , Balance Sheet and the SOCIE(Statement in changes in equity)**
KATHY O DONNELL FCCA MAAT Chartered Certified Accountants
35 HILL LANE BASSETTS POLE SUTTON COLDFIELD W MIDLANDS B75 6LE
30 November 2022
3
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Profit and Loss Account for the year ended 31 August 2022**
|**Turnover**
Toddlers Income
Pre School Income
Voucher Income
Fund raising -Photos
Fund raising -Easy Fund
Fund raising -Cakes etc
Fund raising -Sponsored Obstacle
Fund raising -All my own
Sundry Income
Income - Fruit
**Net Income**
Interest Recd Gross
**Gross Income**
Fund raising -Photos
Fund raising -Cakes etc
Fund raising -All my Own work
Consummables - Fruit
Admin expenses
Consummables- session activiities
CRB checks
Consummables
Printing Postage & stationery
Wages Pre School
Wages Toddlers
Rent Pre School
Rent Stay and Play
Ofstead registration
Insurance
Training
Accounts charge
Depreciation
Sundries
Total Expenses
-
-
**Profit (loss) for period**|**2022**
6,050
93,750
2,206
-
71
-
-
662
637
-
103,444
-
103,444
-
-
447
308
408
742
199
479
660
77,965
2,392
6,014
912
50
994
223
460
690
951
94,076
-
9,368|**Restated**
**2021**
294
80,559
2,770
-
48
-
-
311
229
-
84,379
37
84,416
-
-
232
350
322
344
82
2,550
609
67,047
-
6,733
96
50
975
225
460
148
324
80,547
3,869|**Original**
**2021**
294
89,528
2,770
-
48
-
-
311
229
-|
|---|---|---|---|
||||93,348
37|
||||93,385
-
-
232
350
322
344
82
2,550
609
67,047
-
6,733
96
50
975
225
460
148
324
80,547|
||||12,838|
4
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Registered number:** 1019905
|**Balance Sheet**||||||||
|---|---|---|---|---|---|---|---|
|**as at 31 August 2022**|||||**Restated**||**Original**|
||**Notes**||**2022**||**2021**||**2021**|
||||**1**|||||
|**Fixed assets**||||||||
|Tangible assets|2||2,761||594||594|
|Tangible assets|3|||||||
|Investments|||-|||||
||||2,761||594||594|
|**Current assets**||||||||
|Stocks||20||20||20||
|Debtors||-||-||-||
|Cash at bank and in hand||55,690||45,655||54,624||
|||55,710||45,675||54,644||
|**Creditors: amounts falling due**||||||||
|**within one year**|4|(3,394)||(560)||(560)||
|**Net Current Assets**|||52,316||45,115||54,084|
|**Total assets less current**||||||||
|**liabilities**|||55,077||45,709||54,678|
|**Creditors: amounts falling due**||||||||
|**after more than one year**|||-||-||-|
|**Provisions for liabilities**|||-||-||-|
|**Net Current Liabilites**|||55,077||45,709||54,678|
|**Capital and reserves**||||||||
|Called up share capital|||-||-||-|
|Share premium|||-||-||-|
|Revaluation reserve|||-||-||-|
|Profit and loss account|||55,077||45,709||54,678|
|**Capital Account**|||55,077||45,709||54,678|
The committee are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The committee acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
LAURA VAAKANAINEN Treasurer Approved by the board on 30 November 2022
5
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Statement of Changes in Equity**
**for the year ended 31 August 2022**
|**for the year ended 31 August 2022**
**At 1 September 2020**
Profit for the financial year
Gain on revaluation of land and
buildings
Deferred taxation arising on the
revaluation of land and buildings
Other comprehensive income for the
financial year
Total comprehensive income for the
financial year
Dividends
Shares issued
Shares redeemed
**At 31 August 2021**
Correction of prior year errors
Effect of retrospective changes in
accounting policies
**At 31 August 2021 as restated**
**At 1 September 2021**
Profit for the financial year
Gain on revaluation of land and
buildings
Deferred taxation arising on the
revaluation of land and buildings
Other comprehensive income for the
financial year
Total comprehensive income for the
financial year
Dividends
Shares issued
Shares redeemed
**At 31 August 2022**|
**Share**
**capital**
**1**
-
-
-
-
-
-
-
-
-
-
-
-
-|**Share**
**premium**
**1**
-
-
-
-
-
-
-
-
-
-
-|**Re-**
**valuation**
**reserve**
**1**
-
-
-
-
-
-
-
-
-
-
-
-
-|2,022
2,021
Original
**Profit**
**Profit**
**and loss**
**and loss**
**account**
**account**
**1**
**1**
41,840
41,840
12,838
12,838
-
-
12,838
12,838
-
-
54,678
54,678
(8,969)
-
-|2,021
Restated
**Profit**
**and loss**
**account**
**1**
41,840
12,838
-
-|
|---|---|---|---|---|---|
||||||-|
||||||12,838|
||||||-
-
-|
||||||54,678
(8,969)
-|
|||||45,709
54,678
45,709
9,368
-
-|45,709|
||||||Total
45,709
9,368
-
-|
||||||-|
|||||9,368
-|9,368|
|||||-
-|-
-
-|
|||||55,077
-|55,077|
6
**MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Notes to the Accounts for the year ended 31 August 2022**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
## _**Turnover**_
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
## _**Intangible fixed assets**_
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
## _**Tangible fixed assets**_
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment 20% reducing value
## _**Stocks**_
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Notes to the Accounts for the year ended 31 August 2022**
## _**Taxation**_
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
## _**Pensions**_
Contributions to defined contribution plans are expensed in the period to which they relate.
8
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Notes to the Accounts for the year ended 31 August 2022**
|**0**
**Employees**
Average number of persons employed by the company
**2**
**Tangible fixed assets**
Goodwill:
**Cost**
At 1 September 2021
Additions
Disposals
At 31 August 2022
**Amortisation**
At 1 September 2021
Provided during the year
On disposals
At 31 August 2022
**Net book value**
At 31 August 2022
At 31 August 2021
**0**
**Debtors**
Trade debtors
Deferred tax asset
Other debtors
Amounts due after more than one year included above
**4**
**Creditors: amounts falling due within one year**
Non-equity preference shares
Trade creditors
Obligations under finance lease and hire purchase contracts
Trade creditors
Corporation tax
Other taxes and social security costs
Other creditors
**0**
**Creditors: amounts falling due after one year**
Non-equity preference shares
Bank loans
Obligations under finance lease and hire purchase contracts
Trade creditors
Other creditors
Amounts owed to group undertakings and undertakings in
which the company has a participating interest
Amounts owed by group undertakings and undertakings in
which the company has a participating interest
Amounts owed to group undertakings and undertakings in
which the company has a participating interest|**2022**
**Number**
11
28,341
3,838
-
32,179
27,747
690
981
29,418
2,761
594
**2022**
**-**
-
-
-
-
-
-
**2022**
**-**
-
3,394
-
-
-
-
-
-
3,394
**2022**
**-**
-
-
-
-
-
-
-|**2021**
**Number**
11
**1**
28,341
28,341
-
-
-
-|**2021**
**Number**
-|
|---|---|---|---|
||||28,341
-
-|
|||28,341
28,341|28,341|
|||27,599
27,599
148
148
-
-|27,599
148
-|
|||27,747
27,747|27,747|
|||594
594|594|
|||742
742|742|
|||**2021**
**-**
-
-
-
-
-
-
**2021**
**-**
-
560
-
-
-
-
-
-
560
**2021**
**-**
-
-
-
-
-
-
-||
## **5 Other information**
**There is a error in the previous year's accounts- namely a transaction received from BCC on 3rd Sept 2021 of £8969.22 which was a funding payment for the children for the Autumn term (Sept -Dec21) which was included in the accounts of 2020-21. It should be accounted for in the 21- 2022 accounts. This means the accounts for 2020-21 have been overstated . An amendment has been made to reflect this and it has been shown in the Profit & Loss , Balance Sheet and the SOCIE(Statement in changes in equity)**
MERE GREEN 0-5 REGISTERED CHARITY NO 1019905
9
Registered number 1019905
MERE GREEN 0-5 REGISTERED CHARITY NO 1019905
Report and Accounts
31 August 2022
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Report and accounts Contents**
||**Page**|
|---|---|
|Centre information|1|
|Treasurers' report|2|
|Accountants' report|3|
|Profit and loss account|4|
|Balance sheet|5|
|Statement of changes in equity|6|
|Notes to the accounts|7|
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Company Information**
## **Accountants**
KATHY O DONNELL FCCA MAAT 35 HILL LANE BASSETTS POLE SUTTON COLDFIELD W MIDLANDS B75 6LE
1019905
**Treasurer** Laura Vaakanainen
1
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Registered number: 1019905 Treasurers' Report**
I approve these account which comprise of the Profit and Loss Account , Balance Sheet and the related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the accounting basis as set out in note 1, and for providing all the information and explanations necessary for their compiliation,
LAURA VAAKANAINEN TREASURER
2
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Accountants' Report**
## **Accountants' report to the directors of MERE GREEN 0-5 REGISTERED CHARITY NO 1019905**
You consider that the company is exempt from an audit for the year ended 31 August 2022. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
## **Special Note:**
**There is a error in the previous year's accounts- namely a transaction received from BCC on 3rd Sept 2021 of £8969.22 which was a funding payment for the children for the Autumn term (Sept -Dec21) which was included in the accounts of 2020-21. It should be accounted for in the 21- 2022 accounts. This means the accounts for 2020-21 have been overstated . An amendment has been made to reflect this and it has been shown in the Profit & Loss , Balance Sheet and the SOCIE(Statement in changes in equity)**
KATHY O DONNELL FCCA MAAT Chartered Certified Accountants
35 HILL LANE BASSETTS POLE SUTTON COLDFIELD W MIDLANDS B75 6LE
30 November 2022
3
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Profit and Loss Account for the year ended 31 August 2022**
|**Turnover**
Toddlers Income
Pre School Income
Voucher Income
Fund raising -Photos
Fund raising -Easy Fund
Fund raising -Cakes etc
Fund raising -Sponsored Obstacle
Fund raising -All my own
Sundry Income
Income - Fruit
**Net Income**
Interest Recd Gross
**Gross Income**
Fund raising -Photos
Fund raising -Cakes etc
Fund raising -All my Own work
Consummables - Fruit
Admin expenses
Consummables- session activiities
CRB checks
Consummables
Printing Postage & stationery
Wages Pre School
Wages Toddlers
Rent Pre School
Rent Stay and Play
Ofstead registration
Insurance
Training
Accounts charge
Depreciation
Sundries
Total Expenses
-
-
**Profit (loss) for period**|**2022**
6,050
93,750
2,206
-
71
-
-
662
637
-
103,444
-
103,444
-
-
447
308
408
742
199
479
660
77,965
2,392
6,014
912
50
994
223
460
690
951
94,076
-
9,368|**Restated**
**2021**
294
80,559
2,770
-
48
-
-
311
229
-
84,379
37
84,416
-
-
232
350
322
344
82
2,550
609
67,047
-
6,733
96
50
975
225
460
148
324
80,547
3,869|**Original**
**2021**
294
89,528
2,770
-
48
-
-
311
229
-|
|---|---|---|---|
||||93,348
37|
||||93,385
-
-
232
350
322
344
82
2,550
609
67,047
-
6,733
96
50
975
225
460
148
324
80,547|
||||12,838|
4
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Registered number:** 1019905
|**Balance Sheet**||||||||
|---|---|---|---|---|---|---|---|
|**as at 31 August 2022**|||||**Restated**||**Original**|
||**Notes**||**2022**||**2021**||**2021**|
||||**1**|||||
|**Fixed assets**||||||||
|Tangible assets|2||2,761||594||594|
|Tangible assets|3|||||||
|Investments|||-|||||
||||2,761||594||594|
|**Current assets**||||||||
|Stocks||20||20||20||
|Debtors||-||-||-||
|Cash at bank and in hand||55,690||45,655||54,624||
|||55,710||45,675||54,644||
|**Creditors: amounts falling due**||||||||
|**within one year**|4|(3,394)||(560)||(560)||
|**Net Current Assets**|||52,316||45,115||54,084|
|**Total assets less current**||||||||
|**liabilities**|||55,077||45,709||54,678|
|**Creditors: amounts falling due**||||||||
|**after more than one year**|||-||-||-|
|**Provisions for liabilities**|||-||-||-|
|**Net Current Liabilites**|||55,077||45,709||54,678|
|**Capital and reserves**||||||||
|Called up share capital|||-||-||-|
|Share premium|||-||-||-|
|Revaluation reserve|||-||-||-|
|Profit and loss account|||55,077||45,709||54,678|
|**Capital Account**|||55,077||45,709||54,678|
The committee are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The committee acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
LAURA VAAKANAINEN Treasurer Approved by the board on 30 November 2022
5
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Statement of Changes in Equity**
**for the year ended 31 August 2022**
|**for the year ended 31 August 2022**
**At 1 September 2020**
Profit for the financial year
Gain on revaluation of land and
buildings
Deferred taxation arising on the
revaluation of land and buildings
Other comprehensive income for the
financial year
Total comprehensive income for the
financial year
Dividends
Shares issued
Shares redeemed
**At 31 August 2021**
Correction of prior year errors
Effect of retrospective changes in
accounting policies
**At 31 August 2021 as restated**
**At 1 September 2021**
Profit for the financial year
Gain on revaluation of land and
buildings
Deferred taxation arising on the
revaluation of land and buildings
Other comprehensive income for the
financial year
Total comprehensive income for the
financial year
Dividends
Shares issued
Shares redeemed
**At 31 August 2022**|
**Share**
**capital**
**1**
-
-
-
-
-
-
-
-
-
-
-
-
-|**Share**
**premium**
**1**
-
-
-
-
-
-
-
-
-
-
-|**Re-**
**valuation**
**reserve**
**1**
-
-
-
-
-
-
-
-
-
-
-
-
-|2,022
2,021
Original
**Profit**
**Profit**
**and loss**
**and loss**
**account**
**account**
**1**
**1**
41,840
41,840
12,838
12,838
-
-
12,838
12,838
-
-
54,678
54,678
(8,969)
-
-|2,021
Restated
**Profit**
**and loss**
**account**
**1**
41,840
12,838
-
-|
|---|---|---|---|---|---|
||||||-|
||||||12,838|
||||||-
-
-|
||||||54,678
(8,969)
-|
|||||45,709
54,678
45,709
9,368
-
-|45,709|
||||||Total
45,709
9,368
-
-|
||||||-|
|||||9,368
-|9,368|
|||||-
-|-
-
-|
|||||55,077
-|55,077|
6
**MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Notes to the Accounts for the year ended 31 August 2022**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
## _**Turnover**_
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
## _**Intangible fixed assets**_
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
## _**Tangible fixed assets**_
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment 20% reducing value
## _**Stocks**_
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Notes to the Accounts for the year ended 31 August 2022**
## _**Taxation**_
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
## _**Pensions**_
Contributions to defined contribution plans are expensed in the period to which they relate.
8
## **MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Notes to the Accounts for the year ended 31 August 2022**
|**0**
**Employees**
Average number of persons employed by the company
**2**
**Tangible fixed assets**
Goodwill:
**Cost**
At 1 September 2021
Additions
Disposals
At 31 August 2022
**Amortisation**
At 1 September 2021
Provided during the year
On disposals
At 31 August 2022
**Net book value**
At 31 August 2022
At 31 August 2021
**0**
**Debtors**
Trade debtors
Deferred tax asset
Other debtors
Amounts due after more than one year included above
**4**
**Creditors: amounts falling due within one year**
Non-equity preference shares
Trade creditors
Obligations under finance lease and hire purchase contracts
Trade creditors
Corporation tax
Other taxes and social security costs
Other creditors
**0**
**Creditors: amounts falling due after one year**
Non-equity preference shares
Bank loans
Obligations under finance lease and hire purchase contracts
Trade creditors
Other creditors
Amounts owed to group undertakings and undertakings in
which the company has a participating interest
Amounts owed by group undertakings and undertakings in
which the company has a participating interest
Amounts owed to group undertakings and undertakings in
which the company has a participating interest|**2022**
**Number**
11
28,341
3,838
-
32,179
27,747
690
981
29,418
2,761
594
**2022**
**-**
-
-
-
-
-
-
**2022**
**-**
-
3,394
-
-
-
-
-
-
3,394
**2022**
**-**
-
-
-
-
-
-
-|**2021**
**Number**
11
**1**
28,341
28,341
-
-
-
-|**2021**
**Number**
-|
|---|---|---|---|
||||28,341
-
-|
|||28,341
28,341|28,341|
|||27,599
27,599
148
148
-
-|27,599
148
-|
|||27,747
27,747|27,747|
|||594
594|594|
|||742
742|742|
|||**2021**
**-**
-
-
-
-
-
-
**2021**
**-**
-
560
-
-
-
-
-
-
560
**2021**
**-**
-
-
-
-
-
-
-||
## **5 Other information**
**There is a error in the previous year's accounts- namely a transaction received from BCC on 3rd Sept 2021 of £8969.22 which was a funding payment for the children for the Autumn term (Sept -Dec21) which was included in the accounts of 2020-21. It should be accounted for in the 21- 2022 accounts. This means the accounts for 2020-21 have been overstated . An amendment has been made to reflect this and it has been shown in the Profit & Loss , Balance Sheet and the SOCIE(Statement in changes in equity)**
MERE GREEN 0-5 REGISTERED CHARITY NO 1019905
9