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2022-08-31-accounts

Charity registration number: 1023558

Bledlow Pre-School

Annual Report and Financial Statements for the Year Ended 31 August 2022

Bledlow Pre-School

Contents

Reference and Administrative Details 1
Statement of Trustees' Responsibilities 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 10

Bledlow Pre-School

Reference and Administrative Details

Chairman Sabina Ahmad
Trustees Sabina Ahmad
Jennifer Mitchell
Victoria White
Charity Registration Number 1023558
Principal Office Bledlow Village Hall
Chinner Road
Bledlow
Bucks
HP27 9QF
Independent Examiner Chimes Accountancy Services Ltd

Page 1

Bledlow Pre-School

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees of the charity on ………………. and signed on its behalf by:

Page 2

Bledlow Pre-School

Independent Examiner's Report to the trustees of Bledlow Pre-School

I report to the trustees on my examination of the accounts of Bledlow Pre-School for the year ended 31 August 2022.

Responsibilities and basis of report

As the charity trustees of Bledlow Pre-School you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Bledlow Pre-School's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of Bledlow Pre-School as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

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 in order to enable a proper understanding of the accounts to be reached.

……………………………. Marina Legge FCCA

……………………………

Page 3

Bledlow Pre-School

Statement of Financial Activities for the Year Ended 31 August 2022

Note
Income and Endowments from:
Donationsandlegacies
Charitable activities
Investmentincome
4
Total income
Expenditure on:
Raising funds
Charitableactivities
Total expenditure
Net movement in funds
Reconciliation of funds
Totalfunds brought forward
Totalfunds carried forward
9		 Total
Total
Unrestricted
£
2022
£
2021
£
2,379
2,379
1,988
67,718
67,718
67,763
14
14
2
70,011
70,011
69,753
-
(65,448)
(65,448)
(61,627)
(65,448)
(65,448)
(61,627)
4,663
4,663
8,126
46,016
46,016
37,890
50,679
50,679
46,016

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 9.

The notes on pages 6 to 10 form an integral part of these financial statements. Page 4

Bledlow Pre-School

(Registration number: 1023558) Balance Sheet as at 31 August 2022

Note
Current assets
Cash at bank and in hand
7
Creditors: Amounts falling due within one year
8
Net assets
Funds of the charity:
Unrestrictedincomefunds
Unrestricted funds
Total funds
9		 2022
£
54,324
(3,645)
50,679
50,679
50,679		 2021
£
50,754
(4,738)
46,016
46,016
46,016

The financial statements on pages 4 to 10 were approved by the trustees, and authorised for issue on ………………………and signed on their behalf by:

…………………………………….

The notes on pages 6 to 10 form an integral part of these financial statements. Page 5

Bledlow Pre-School

Notes to the Financial Statements for the Year Ended 31 August 2022

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Bledlow Pre-School meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Page 6

Bledlow Pre-School

Notes to the Financial Statements for the Year Ended 31 August 2022

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustees’ meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interestbearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.

Page 7

Bledlow Pre-School

Notes to the Financial Statements for the Year Ended 31 August 2022

2 Income from donations and legacies

Donations and legacies;
Donations from individuals
Total for 2022
Total for 2021
3 Income from charitable activities
Preschool
Total for 2022
Total for 2021
4 Investment income
Interest receivable and similar income;
Interest receivable on bank deposits
Total for 2022
Total for 2021

Page 8

Bledlow Pre-School

Notes to the Financial Statements for the Year Ended 31 August 2021

5 Analysis of governance and support costs

Governance costs

Audit fees
Other fees paid to auditors
Total for 2022
Total for 2021		 Unrestricted
funds
General
£
90
90
90		 Total
funds
£
90
90
90

6 Taxation

The charity is a registered charity and is therefore exempt from taxation.

7 Cash and cash equivalents

7 Cash and cash equivalents 7 Cash and cash equivalents 7 Cash and cash equivalents
Page 9
Cash at bank
8Creditors: amounts falling due within one year
Othercreditors
9 Funds
Balance at 1
September
Incoming
2021
resources
£
£
Unrestricted funds
General
Unrestricted funds
General
46,016
70,111
Balance at 1
September
Incoming
2020
resources
£
£
37,890
69,753		 2022
2021
£
£
54,324
50,754
2022
2021
£
£
3,645
4,738
Resources
Balance at 31
expended
£
August 2022
£
(65,448)
50,679
Resources
Balance at 31
expended
August 2021
£
£
(61,627)
46,016
Page 9


Balance at 1
September
Incoming
2020
resources
£
£
37,890
69,753

Bledlow Pre-School

Statement of Financial Activities by fund for the Year Ended 31 August 2022

Total
Total
Unrestricted Unrestricted
Funds
Funds
2022
2021
£
£
Income and Endowments from:
Donations and legacies
2,379
1,988
Charitable activities
67,718
67,763
Investment income
14
2
Total income
70,111
69,753
Expenditure on:
Raising funds
-
Charitable activities
(65,448)
(61,627)
Total expenditure
(65,448)
(61,627)
Net income
4,663
8,126
Net movementinfunds
4,663
8,126
Reconciliation of funds
Total funds brought forward
46,016
37,890
Total funds carried forward
50,679
46,016		 Total
Total
Unrestricted Unrestricted
Funds
Funds
2022
2021
£
£
Income and Endowments from:
Donations and legacies
2,379
1,988
Charitable activities
67,718
67,763
Investment income
14
2
Total income
70,111
69,753
Expenditure on:
Raising funds
-
Charitable activities
(65,448)
(61,627)
Total expenditure
(65,448)
(61,627)
Net income
4,663
8,126
Net movementinfunds
4,663
8,126
Reconciliation of funds
Total funds brought forward
46,016
37,890
Total funds carried forward
50,679
46,016		 Total
Total
Unrestricted Unrestricted
Funds
Funds
2022
2021
£
£
Income and Endowments from:
Donations and legacies
2,379
1,988
Charitable activities
67,718
67,763
Investment income
14
2
Total income
70,111
69,753
Expenditure on:
Raising funds
-
Charitable activities
(65,448)
(61,627)
Total expenditure
(65,448)
(61,627)
Net income
4,663
8,126
Net movementinfunds
4,663
8,126
Reconciliation of funds
Total funds brought forward
46,016
37,890
Total funds carried forward
50,679
46,016		 Total
Total
Unrestricted Unrestricted
Funds
Funds
2022
2021
£
£
Income and Endowments from:
Donations and legacies
2,379
1,988
Charitable activities
67,718
67,763
Investment income
14
2
Total income
70,111
69,753
Expenditure on:
Raising funds
-
Charitable activities
(65,448)
(61,627)
Total expenditure
(65,448)
(61,627)
Net income
4,663
8,126
Net movementinfunds
4,663
8,126
Reconciliation of funds
Total funds brought forward
46,016
37,890
Total funds carried forward
50,679
46,016
69,753
-
(61,627)
(61,627)
8,126
8,126
37,890
46,016

This page does not form part of the statutory financial statements. Page 10

Bledlow Pre-School

Detailed Statement of Financial Activities for the Year Ended 31 August 2022

Income and Endowments from:
Donations and legacies(analysedbelow)
Charitable activities (analysed below)
Investment income (analysed below)
Totalincome
Expenditure on:
Raising funds (analysed below)
Charitable activities(analysedbelow)
Total expenditure
Net income
Net movementinfunds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Total
2022
£
2,379
67,718
14
70,111
-
(65,448)
(65,448)
4,663
4,663
46,0160
50,679		 Total
2021
£
1,988
67,763
2
69,753
-
(61,627)
(61,627)
8,126
8,126
37,890
46,016

This page does not form part of the statutory financial statements. Page 11

Bledlow Pre-School

Detailed Statement of Financial Activities for the Year Ended 31 August 2022

Donations and legacies
Appeals and donations
Fundraising income
Charitable activities
Funding&fees
Other income
Investment income
Interest on cash deposits
Raising funds
Fundraising costs
Charitable activities
Wages and salaries
Staff training
Premises costs
Consumables
Equipment
Administration expenses
Sundry expenses
Insurance
Accountancy fees		 Total
2022
£
1,050
1,329

2,379
67,718
0

67,718
14

14		 Total
2021
£
1,200
788
1,988
67,308
455
67,763
2
2
0
0
46,259
320
8,572
523
1,517
1,829
1,556
961
90
61,627
48,236
959
7,086
1,122
5,089
603
2,263
0
90
65,448

This page does not form part of the statutory financial statements. Page 12