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2020-08-31-accounts

Ancells Farm Community Preschool

AGM 2020

Monday 27[th] July 2020 7PM Held via zoom

Our academic year starts off yet again with some challenges. Mainly low numbers of children.

Through hard work, advertising and word of mouth, the staff and committee members managed to get enough new starters for us to remain open.

We thank everyone for their tireless work in keeping the preschool open.

We also had changes in staff, with a couple of members moving on to new positions which left a huge gap, but we successfully filled the positions and give a very warm welcome to Kirsty who has come on board with us.

The biggest challenge we faced this year was the Covid 19 pandemic. With essential workers children numbers incredibly low, and staff and some children being vulnerable, we took the decision to keep the preschool closed. Instead our staff worked on their own development and learning, and they did “check ins” with the children while advising on ways to help the children learn and develop.

We very much hope for a change in circumstances within the pandemic soon which means we can get back to a normal way of teaching the children.

ANCELLS FARM COMMUNITY PRE-SCHOOL

BALANCE SHEET AS AT 31 AUGUST 2020

2020
£
£
FIXED ASSETS
Cost
1956
Depreciation to date
1536
Net Book Value
420
CURRENT ASSETS
Debtors
0
Bank savings account
6118
Bank deposit account
8013
Cash
0
14130
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR
Expenses owing
0
Accrued rent
1744
Accrued accountancy (two years)
240
1984
NET CURRENT ASSETS
NET ASSETS
12146
CAPITAL AND RESERVES
Unrestricted Funds
12566
Approved by the Committee:
£
263
5831
10147
46
16287
-
704
240
944
2019
£
1956
1396
560
15343
15903
15903

Chairman …………………………. Treasurer …………………………. Date ………………..

ANCELLS FARM COMMUNITY PRE-SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2020

Incoming resources (unrestricted)
Fees including HCC
Donations
Fund-raising
Sweatshirt sales
Other income
Total income
Resources expended
Wages and national insurance
40650
Pension
596
Rent
6624
Materials
1028
Sweatshirts
-
Telephone and Wifi
163
PLA membership and insurance
776
Accountancy
120
Staff Training
-
Stationery
34
Advertising
-
IT supplies
265
Depreciation
140
Miscellaneous
89
Total expenditure
Net income/(deficit)
STATEMENT OF RETAINED FUNDS
Total brought forward
Net income/(deficit)
Total funds carried forward
2020
£
46789
-
349
10
-
47148
50485
-3337
15903
-3337
12566
53932
465
8033
1060
165
196
818
120
501
190
-
947
187
136
2019
£
65302
-
288
30
-
65620
66750
-1130
17033
-1130
15903

ANCELLS FARM COMMUNITY PRE-SCHOOL

Independent examiner’s report to the trustees of Ancells Farm Community Preschool.

I report on the accounts for the year ended 31 August 2020.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as 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 examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Jane Capel, ACMA Think Smart Accounts Ltd Aldershot Enterprise Centre Mandora House, Gallwey Road Aldershot Hampshire. GU11 2PW jane@thinksmartaccounts.com

Date: 18[th] August 2022