Registered Charity Number. 1020205 CROFT PRE-SCHOOL FINANCIAL STATEMENTS Year ermj 31 AUGUST 2022 phniX Accountancy Business Consultancy Limited
CROFf PRE-SCHCN)L arity No: 1020205 Contsnts to tha Flnanclal Statements For the year ended 31 August 2022 Page Trustees Annual Report Independt Examiners, Report Recelpts and Payments Account Statement of Assets and Liabilities 10 Notes to th8 Financial Statents 11
CRO PRE-S(TrICK)L Charity No: 1020205 Report of the Board of Tn For the year ended 31 Aug(LSt 2022 The Trust present their report with the financial of the thaiity for the year ended 31 August 2022. Reference and Administrative Detsils of the Charity, its Trustees and Advisers Name of char" Croft Pre-sch1 stratton Number: 1020205 Princi al tin The knut and Guide HQ ProVIden Row Market Weighton East Yorkshi Y043 3 stees: Names of Trustees who served during the year and Sin the year end were as follows: Lucinda Todd (was Heminbrough) Stephen O'Neill Gemma Charlton Margaret UndW00d Chairperson Treasurer Secretary Committee Member From October 2020 t Examiner Rebecca Triffitt MAAT PrnctI AccountanL of: phniX Acc(yuntanry and Business Consultancy Limited Morleys Cottage Morfeys Yard Walwate Beverley East Yorkshire HU17 9BY
CRcFf PRE.S(TrICM3L Qrity No: 1020205 Report of the Board of Trustees For the year ended 31 August 2022 Bankers CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ Structure, Governance and Management Document: Croft PrtrSchTr)l is a reglstered tharlty, numbw 1020205 and is therefore regulated by the Charlty Commission. The charty is an unincortK)rat8J asscKiation govemed by a constitution adopted on 23 January 1992 and amended on 29 October 1997 and 31 January 2012. Croft Prtrsthool registered as a clkirfty on 26 April 1993. Recruitment intment of Tr The Trustees forni the ExLutive Committee of the charity.. The members of the Execu Committee are elected at the Annual General Meeting by the membws of the Charlty. All memb are circulated with invitstions to nominate Trustees in advan of the AGM. The Constitution ststes that the minimum number of memlkrs shall be 5 and the maximum shall be 12 belng the Honorary Officers plus up tD 9 members elected at the annual general meeting who shall hold office from the COlUsIon of that meeting. The Executive Committee may in addition appoint not more than 3 c(Tropted members but so that no-one may be appointed as a c(Fopted member if, as a result, more than one third of the members of Ilie Executive committ would be Co-opted memLErs. Each appointment of a co-opted mernkr shall made at a special meetiThJ of the Executive Committee. The Conskn'tution allows for paid employees who are affiliate members to be nomlnated to the Committee in certain circumstances.
CROFf PRE-SCHOC arity No: 1020205 Report of the Board of Trustees For the year ended 31 August 2022 nduthon and Trainin •1 New Trustees undergo inducdon ts3ining. The inductlon indudes a discuss1c about the role and responsibilities of Trustees, the actNities, aims and objectives of the charty, the structure of the organi5ation, b)ard of Trustees, general prlureS of the organrsation. New Trustees are Introduced to rneMbe of strdff and Oth Trustees, aThJ are provided with the Charity Commissions 'Roles and Responsibilities of Trusteeg, the Conststubon, the busin plan, the tatest statutory flnancial statements, Annual ReExrt and financial rewjrts provlded to the board of Trustees. Any additlonal ts3lnlng required by the new Trust will be identified during induttion, and may be requested at any point by new and exlsting Tntstees, where it is cons[ded u*ful to their role as Trustee. an satlonal Structure: The board of Trustees manages the Charity, and aims to consder only strategic decisions at Its mtIng5. TnIst5 are aware that any conflitt of interest is dedared and minuted. The board l)olds meetings quarterfy. Risk Mana ement.. The major risks to whith the charlty is exrx)sed, as identified by the Trustees, have IEen reviewed and systems have been establlshed to mitigate tIN)se risks. All systems and prcKedures are reviewed regularly to ensure they meet charty law and the thariws own aims and objectives. Objertives and Activities The objects of the charity as per the Charivs governing thument are: l) to enhan the development and educalion of children under statutory sctrKx)l age by encouraging parents to Undend and provlde for the needs of their children through community groups. 2) To provide a safe, secure and stimulatirvj environmenL 3) To work wlthin a frameworK that ensures equalty of opportunlty for all children and families.
CROFf PRE-SCH(X)L Qrty No: 1020205 Report of the Board of Trustees For the year ended 31 August 2022 mm ttsken for In lation to We offer chlldren: A specially tailored cu7culM leadlng to approved leamlng outcomes. Indlvidual care and attention made possible by a high ratio of adults to thildren. The opportunity to have fun and develop friendships. The support of a personal key pn. Opportunities for parents and frdmilies to be direcdy involved in the attivities of the prtrschool and their own children's progress. The Trustees have taken regard of and adhered to, guidan of the arfty Commisslon on publlc benefit during the Fdentification and implementstk)n of the aLxM athitles. Achievements and Perfornian fA 21- 022 Duriro the 202112022 y urKlertook the following: Ran supervlsed pre-school sessions for thildren 2 to 5 years over 39 weeks. We have continued to partake In additional fvThlrdising activ"rties where rKJssible. Financial Review eserves Poll It is the aim of the Trustees to retain 6 months running costs In the unrestricted gene1 fur to ensure a sufflaent buffer to enable effective finanaal decision-makirvJ, rather than short term declsions. Plans for Future periods We had a Ofsted InspecÈ]on on 18th May 2022, lch was rated Inadequate, we are aiming to improve this by the next Inspection on 20th October 2022. We then failed that inspection as we couldn't get the changes completed on time, so our funding was Cut, so we was not able to run the charity so had to close our doors in December 2022. We are in the process of closing down the charity and should be completed by the first half of 2024.
CROFf PRE.SCHOOL Charity l*J'. 1020205 Report of the Board of Trustees For the year ended 31 August 2022 Trustees Responslbilities The Charities Art requires the Trustees to prepare financial ststewits for &ich financlal year. In accordance with the Charity Commission Guidan the Trustees have elth to prepa the accounts on the Receipts and Payments basis. This Is an acceptslk fomat for all non-company CharleS wlth an income below £250,1100. The Trustees are 5[K)nSible for keeping prow accounting recolS which dI10$e with reasonable accuracy at any me the finanaal position of the chaiity and to enable them to ensure that the financial statements comply with the Charities Act 2011. The Tnjstees are also restx)nsible for safeguarding the assets of the charity and herK2 for tskiNJ reasonable steps for the preventyon and detectlon of frdud and other irregularltjes. Statement of dlsclosure of InfOrntIon to Independent Examiner We, the TrUStS of the charty wlK> held Offi at the date of approval of these financial statements, each confirni 50 far as we are aware, that: O ttwe15 no rele¥pnt inf0mtiOn of which the charilvs IrthkEndent Examiner15 unaware. aTrJ O we have taken all ttE steps that we ought to have tsken as Trustees In order to make ourselves aware of any relevant infomTrtion and to establish that the chatitys independent examlnerfs ate aware of that infomiation. By order of the Board Lucinda Tc(Id Chalrperson Date: 22 2C)24-
CROFf PRE.SCHOOL Charity No: 1020205 Independent Exam1$ Rewt to the Memb5 of Croft PrtrSdKK)I rew)rt on the accounts of Croft Pre-001 for the year erKled 31 August 2022 which are set out on pages 9 to 12. Respectlve resPsIbIl1es of Trystees and examiner The charlWs Trustees are re)dIe for the wepardtion of the accounts. The chaiivs Trustees consider that an audit is not required for this year (under sectlon 144(2) (f the lJ)aritie5 Att 2011 (the 2011 AIX)) and that an independent examination is needed. It is my reswnsibilty to: examine the account5 (under section 145 of the 2011 Act). to foll¢)w the pr(eduS laid dovin in the Generdl Dirertions given ty the Charlty tmmIsSIOnerS (under section 145(5)(b) of the 2011 Act). and to state whether particu]ar Matte have (xlne to my aitenttm. Basls of indewmlent examinerfs rwt My examination was carried out in an wrth the General Diwtions gtven by the arity Commissioners. An examination indudes a review of the accounb'ng records kept by the charity and a comparison of the accounts presented with those recor(k. It also indth conslderdtion of any unusual ttems or disclosures in the accounts, and seeking explanatlor6 from you as Trusw conMIng any swh matters. The procedures undertaken do not prwde all the evldence that would be requlred in an audiL and consequently I do not express an audit opinion on the vsew given by accounts. Independent examln*s statement In cOnntIon with my examination, no matter has come to my attention: (l) whith gives me reasonable cause to that in any material rewt requirunents to keep Counting records in accordantr with sertIC 130 of the 2011 Act; and to prepare accounts which accor(i with the acnjunting rordS and comply with the accountlng requlrements of the 2011 Act have not been met. (2) In my oplnkin, In connectlon wlth the Ient Examination of the accounts attentlon thould be drawn to the following: During the year, the number of Trustees fell below the minimum number requlred by the Charivs Constitution but the (hrity was still quorate in relation to deasion maknrKJ. Rebecca Triffitt MAAT Pract1 Accountsrt Phoenix Accountsnry and Buslness Consultancy Limited Morfey's Cottage, Morlefs Yard Walkergate Beverley HU17 9BY Date: li
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Statsment of Assets and Liabilities As at 31 August 2022 Notes 2022 2021 Monetary Assets Current Account- CAF Cash Savlngs Account- CAF Gold Petty Cash Total Monetary Assets Comprising: Unrestricted Funds Restrlcted Funds 2,280 23,164 238 1,747 31,945 238 25,682 33,930 Non Monetary Assets and Liabllltles Fixed Assets for the Charity's use (at CAJSt) Fumlture Equlpment Toys 3,638 7,933 3,638 7,933 Debtors Sundry Debtors Creditors Trade Creditors - Accounts Fee Accounts Software HMRC Pension Other . (348) (1,332) (133) {100) (1,465) {ÉH8) These financial statements were approved by the committee on its behalf by: and signed on Lucinda Td, Chairr50n Stephen Oweill, Treasurer The notes on pages 11 to 12 forni part of these financkl statements. io
CRO PRE.SCHCX Charty No: 1020205 Notes to the Accounts For the year ended 31 August 2022 Basis of Preparation The accounts have bn prepared on a receipts arKI payments (R&P) basis in line wlth charty commlsslon guidan ts a chaiity of thFS si. Fees (induding Toddlets) Total 2022 Toi31 2021 ERYC Funding Under 3's Fees Toddlers 49,662 7,766 936 34,587 5,416 354 staffing Costs Total 2022 Total 2021 Wages and salaries (inc e'ers NI & Pension) Training Compensation - Redundanoi 52,729 58,941 125 Accountsncy Fees Total 2022 Totsl 2021 Annual Accounts and Independent Examination {ERVAS) Quickbooks SubSQTiption (ERVPS) 582 211 793
CROFf PRE-SCHOOL aiity No: 1020205 Notes to the Accounts For the year ended 31 August 2022 Restricted Funds No restricted furKling duriThJ 21-22 financial year. Taxation The association is a registered charity, registTrtion nurnber 1020205. All the aSSlatIons, income is applied to its charitsble objectives and the aSsociatn is therefore exempt under current legislatlon from ffh)st forms of taxathn. Trustee Remuneration No remuneration was paid to Tnjstees duriNJ the year out of the funds of charfty. There was no reirnbursement of travel expenses to Tnst during the year. (2021: £44 to l Trustee). Travel is pahl at a r7te of £0.40 per mile to Trustees and staff. 12