Trustees’ Annual Report for the period
From: 06 April 2021 to: 05 April 2022
Charity name: Luxulyan Preschool
Charity registration number: 1023065
Objectives and Activities
| Summary of the purposes of the charity as set out in its governing document |
To enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Luxulyan Preschool is a purpose-built preschool setting within Luxulyan village hall offering professional and quality childcare in Early Childhood Education for 2–4-year-olds. We are a committee run charity, regulated by Ofsted, during the financial year of April 2020 – April 2021 the preschool employed four qualified members of staff, (one of which was only for part of the year), offering term time childcare, following the EYFS. We offer childcare provision for preschool age children from the local community, including fully funded places for 2-, 3- and 4-year-olds, via Cornwall County Council funding, and non-funded /paid sessions at £9.00per session. The preschool can take up to 18 children in any one session. Sessions run Mon- Fri morning (9am- 12noon) and afternoon (12noon-3pm) The preschool has previously offered breakfast club, running from 8-9am, but this has remained on hold throughout the April 20- 21 year due to COVID-19. The preschool building is leased from the village hall and is purpose built, including enclosed outside area, allowing free-flow play, in a safe environment, where we can encourage children to learn and develop through play. This year we had additional CCTV cameras fitted to ensure the safety of the outdoor area. The preschool has a good working relationship with the local primary school, where the majority of children attending preschool progress onto, and through this relationship the preschool is able to assistwiththeirtransition into primary school, although |
Achievements and Performance
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
The financial year April 2021– 2022 saw the preschool return to similar activity to pre-COVID-19. Preschool were able to continue to offer children their places for the rest of the 21-22 year without further closures. Some children received the 2-year-old funding, others the 3–4-year-old funding and some were paid sessions. The number of children on the books has fluctuated throughout the financial year reaching 27 children registered with the preschool by the end of the year. staff retention has been an issue with a number of staff joining and leaving the pre-school so a large amount of money has been spent on supply teachers to cover the shortfall in full time staff. The Pre-school have made a commitment to improve this situation during the 2022-2023 financial year and will conduct a recruitment drive to hire full time staff. The Preschool were able to re-invest in the building and have installed a new safe back door to improve security and allow safe access into the outside area for the school. During the next financial year, the school hope to further improve the building with updates to the toilets and kitchen facilities. No fundraising has taken place during the financialyear. |
Financial Review
| Financial Review | |
|---|---|
| Review of the charity’s financial position at the end ofthe period |
|
| Statement explaining the policy for holding reserves stating why they are held |
Reserves will be kept to a reasonable level, with sufficient funds as a contingency. If reserves begin to exceed this amount, then further investment to improve the facilities available atLuxulyanpreschool would be considered. |
Structure, Governance and Management
| Structure, Governance | and Management |
|---|---|
| Description of charity’s trusts: |
|
| Type of governing document | Constitution |
| How is the charity constituted? |
Committee run association |
| Trustee selection methods including details of any constitutional provisions e.g., election to post or name of any person or body entitled to appoint one or more trustees |
Elected by committee |
Reference and Administrative details
| Charityname | Luxulyan Preschool |
|---|---|
| Other name the charity uses | |
| Registered charitynumber | 1023065 |
| Charity’s principal address | Luxulyan Preschool Luxulyan Village Hall St Cyriac Bodmin Cornwall |
| Postcode | **PL30 5QA ** |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Mrs Gemma Weir | Chair | |||
| Mrs Joanne Tonkin | Secretary | |||
| Mrs Elizabeth Snellson |
Treasurer | |||
| Mrs Sophia Barnett | Committee member | |||
| Mrs Hannah Jenkins | Committee member | |||
| Mrs Laura Knight | Vice Treasurer |
Corporate trustees – names of the directors at the date the report was approved
Director name NA
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for wholeyear | |
|---|---|---|
| NA |
Funds held as custodian trustees on behalf of others
Description of the assets NA held in this capacity Name and objects of the NA charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for NA safe custody and segregation of such assets from the charity’s own assets
Name of chief executive or names of senior staff members (Optional information)
Stephanie Apostolou (Preschool Manager)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Registered number: 1023065
LUXULYAN PRE-SCHOOL DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022
James Bendrey Accountants Ltd
Boscawen Park St Dennis St Austell Cornwall PL26 8DT
LUXULYAN PRE-SCHOOL Director's Report and Unaudited Financial Statements For The Year Ended 5 April 2022
Contents
| Page | |
|---|---|
| Company Information | 1 |
| Director's Report | 2 |
| Accountant's Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 7 |
LUXULYAN PRE-SCHOOL Company Information For The Year Ended 5 April 2022
| Director | Mrs BETH SNELLSON |
|---|---|
| Company Number | 1023065 |
| Registered Office | LUXULYAN VILLAGE HALL |
| ST CYRIAC | |
| BODMIN | |
| CORNWALL | |
| PL30 5QA | |
| Accountants | James Bendrey Accountants Ltd |
| Boscawen Park | |
| St Dennis | |
| St Austell | |
| Cornwall | |
| PL26 8DT |
Page 1
LUXULYAN PRE-SCHOOL Company No. 1023065 Director's Report For The Year Ended 5 April 2022
The director presents her report and the financial statements for the year ended 5 April 2022.
Statement of Director's Responsibilities
The director is responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the director is required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows: Mrs BETH SNELLSON
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mrs BETH SNELLSON
Director
11/01/2023
Page 2
LUXULYAN PRE-SCHOOL Accountant's Report For The Year Ended 5 April 2022
In accordance with the engagement letter , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at year ended 5 April 2022 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
11/01/2023
James Bendrey Accountants Ltd Boscawen Park St Dennis St Austell Cornwall PL26 8DT
Page 3
LUXULYAN PRE-SCHOOL Income and Expenditure Account For The Year Ended 5 April 2022
| Notes TURNOVER GROSS SURPLUS Administrative expenses OPERATING SURPLUS AND SURPLUS FOR THE FINANCIAL YEAR |
2022 £ 77,221 77,221 (73,508) 3,713 |
2021 £ 60,782 |
|---|---|---|
| 60,782 (50,833) |
||
| 9,949 |
The notes on page 6 form part of these financial statements.
Page 4
LUXULYAN PRE-SCHOOL Balance Sheet As at 5 April 2022
| Notes CURRENT ASSETS Cash at bank and in hand NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Income and Expenditure Account MEMBERS' FUNDS |
2022 £ £ 53,893 53,893 53,893 53,893 53,893 53,893 53,893 |
2022 £ £ 53,893 53,893 53,893 53,893 53,893 53,893 53,893 |
2021 £ £ 50,180 50,180 50,180 50,180 50,180 50,180 50,180 |
2021 £ £ 50,180 50,180 50,180 50,180 50,180 50,180 50,180 |
|---|---|---|---|---|
| 53,893 | 50,180 | |||
| 53,893 | 50,180 | |||
| 53,893 | 50,180 | |||
| 53,893 | 50,180 | |||
| 53,893 | 50,180 |
For the year ending 5 April 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mrs BETH SNELLSON
Director
11/01/2023
The notes on page 6 form part of these financial statements.
Page 5
LUXULYAN PRE-SCHOOL Notes to the Financial Statements For The Year Ended 5 April 2022
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 5 (2021: 5)
3. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
4. General Information
LUXULYAN PRE-SCHOOL is a private company, limited by guarantee, incorporated in England & Wales, registered number 1023065. The registered office is LUXULYAN VILLAGE HALL, ST CYRIAC, BODMIN, CORNWALL, PL30 5QA.
Page 6
LUXULYAN PRE-SCHOOL Detailed Income and Expenditure Account For The Year Ended 5 April 2022
| TURNOVER Fees Bank Deposits CC Funding Cornwall Community GROSS SURPLUS Administrative Expenses Wages and salaries Recruitment costs Protective clothing Rent Repairs, renewals and maintenance Insurance Printing, postage and stationery Refunds Pension Contributions Telecommunications and data costs Grant's Paid Back Professional fees H M Revenue & Customs Payroll fees Administration Training / DBS Consumables Teaching Resources Food Gifts OPERATING SURPLUS AND SURPLUS FOR THE FINANCIAL YEAR |
2022 £ £ 16,253 703 60,265 - 77,221 77,221 40,502 4,920 108 5,100 12,380 433 268 - 1,727 878 - 506 3,588 98 - 926 - 682 1,264 128 (73,508) 3,713 |
2022 £ £ 16,253 703 60,265 - 77,221 77,221 40,502 4,920 108 5,100 12,380 433 268 - 1,727 878 - 506 3,588 98 - 926 - 682 1,264 128 (73,508) 3,713 |
2021 £ £ 12,289 45 44,098 4,350 60,782 60,782 35,619 - 27 5,100 1,005 486 988 46 1,376 796 1,000 134 2,607 - 531 202 315 - 510 91 (50,833) 9,949 |
2021 £ £ 12,289 45 44,098 4,350 60,782 60,782 35,619 - 27 5,100 1,005 486 988 46 1,376 796 1,000 134 2,607 - 531 202 315 - 510 91 (50,833) 9,949 |
|---|---|---|---|---|
| 77,221 77,221 (73,508) |
60,782 60,782 (50,833) |
|||
| 3,713 | 9,949 |
Page 7
Registered number: 1023065
LUXULYAN PRE-SCHOOL DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022
James Bendrey Accountants Ltd
Boscawen Park St Dennis St Austell Cornwall PL26 8DT
LUXULYAN PRE-SCHOOL Director's Report and Unaudited Financial Statements For The Year Ended 5 April 2022
Contents
| Page | |
|---|---|
| Company Information | 1 |
| Director's Report | 2 |
| Accountant's Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 7 |
LUXULYAN PRE-SCHOOL Company Information For The Year Ended 5 April 2022
| Director | Mrs BETH SNELLSON |
|---|---|
| Company Number | 1023065 |
| Registered Office | LUXULYAN VILLAGE HALL |
| ST CYRIAC | |
| BODMIN | |
| CORNWALL | |
| PL30 5QA | |
| Accountants | James Bendrey Accountants Ltd |
| Boscawen Park | |
| St Dennis | |
| St Austell | |
| Cornwall | |
| PL26 8DT |
Page 1
LUXULYAN PRE-SCHOOL Company No. 1023065 Director's Report For The Year Ended 5 April 2022
The director presents her report and the financial statements for the year ended 5 April 2022.
Statement of Director's Responsibilities
The director is responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the director is required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows: Mrs BETH SNELLSON
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mrs BETH SNELLSON
Director
11/01/2023
Page 2
LUXULYAN PRE-SCHOOL Accountant's Report For The Year Ended 5 April 2022
In accordance with the engagement letter , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at year ended 5 April 2022 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
11/01/2023
James Bendrey Accountants Ltd Boscawen Park St Dennis St Austell Cornwall PL26 8DT
Page 3
LUXULYAN PRE-SCHOOL Income and Expenditure Account For The Year Ended 5 April 2022
| Notes TURNOVER GROSS SURPLUS Administrative expenses OPERATING SURPLUS AND SURPLUS FOR THE FINANCIAL YEAR |
2022 £ 77,221 77,221 (73,508) 3,713 |
2021 £ 60,782 |
|---|---|---|
| 60,782 (50,833) |
||
| 9,949 |
The notes on page 6 form part of these financial statements.
Page 4
LUXULYAN PRE-SCHOOL Balance Sheet As at 5 April 2022
| Notes CURRENT ASSETS Cash at bank and in hand NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Income and Expenditure Account MEMBERS' FUNDS |
2022 £ £ 53,893 53,893 53,893 53,893 53,893 53,893 53,893 |
2022 £ £ 53,893 53,893 53,893 53,893 53,893 53,893 53,893 |
2021 £ £ 50,180 50,180 50,180 50,180 50,180 50,180 50,180 |
2021 £ £ 50,180 50,180 50,180 50,180 50,180 50,180 50,180 |
|---|---|---|---|---|
| 53,893 | 50,180 | |||
| 53,893 | 50,180 | |||
| 53,893 | 50,180 | |||
| 53,893 | 50,180 | |||
| 53,893 | 50,180 |
For the year ending 5 April 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mrs BETH SNELLSON
Director
11/01/2023
The notes on page 6 form part of these financial statements.
Page 5
LUXULYAN PRE-SCHOOL Notes to the Financial Statements For The Year Ended 5 April 2022
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 5 (2021: 5)
3. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
4. General Information
LUXULYAN PRE-SCHOOL is a private company, limited by guarantee, incorporated in England & Wales, registered number 1023065. The registered office is LUXULYAN VILLAGE HALL, ST CYRIAC, BODMIN, CORNWALL, PL30 5QA.
Page 6
LUXULYAN PRE-SCHOOL Detailed Income and Expenditure Account For The Year Ended 5 April 2022
| TURNOVER Fees Bank Deposits CC Funding Cornwall Community GROSS SURPLUS Administrative Expenses Wages and salaries Recruitment costs Protective clothing Rent Repairs, renewals and maintenance Insurance Printing, postage and stationery Refunds Pension Contributions Telecommunications and data costs Grant's Paid Back Professional fees H M Revenue & Customs Payroll fees Administration Training / DBS Consumables Teaching Resources Food Gifts OPERATING SURPLUS AND SURPLUS FOR THE FINANCIAL YEAR |
2022 £ £ 16,253 703 60,265 - 77,221 77,221 40,502 4,920 108 5,100 12,380 433 268 - 1,727 878 - 506 3,588 98 - 926 - 682 1,264 128 (73,508) 3,713 |
2022 £ £ 16,253 703 60,265 - 77,221 77,221 40,502 4,920 108 5,100 12,380 433 268 - 1,727 878 - 506 3,588 98 - 926 - 682 1,264 128 (73,508) 3,713 |
2021 £ £ 12,289 45 44,098 4,350 60,782 60,782 35,619 - 27 5,100 1,005 486 988 46 1,376 796 1,000 134 2,607 - 531 202 315 - 510 91 (50,833) 9,949 |
2021 £ £ 12,289 45 44,098 4,350 60,782 60,782 35,619 - 27 5,100 1,005 486 988 46 1,376 796 1,000 134 2,607 - 531 202 315 - 510 91 (50,833) 9,949 |
|---|---|---|---|---|
| 77,221 77,221 (73,508) |
60,782 60,782 (50,833) |
|||
| 3,713 | 9,949 |
Page 7