2024-12-31-accounts - Squirrels Corner Pre-School

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 01/01/2024 Period start date To 31/12/2024 Period end date

Charity name: Squirrels Corner Squirrels Corner Preschool Charity registration number:10257858

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Squirrels Corner Pre-School aims to provide high quality care and education for children below statutory school age; to work in partnership with parents to help children to learn and develop; to add to the life and well- being of the local community and to offer children and their parents a service that promotes equalityand values diversity
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.	Para 1.17 and 1.19	We aim to ensure that each child is in a safe and stimulating environment. Every child is given generous care and attention, has the chance to join in with other children and adults to live, play work and learn together. This helps to take forward his/her learning and development by being able to build on what he/she already knows and can do. Every child has a key person who makes sure each child makes satisfactory progress, our setting sees parents as parents in helping each child to learn and develop and parents are able to hep to shape the service it offers. Our programme supports children to develop the knowledge, skills and understanding they need: Personal, social and emotional development: Making relationships; self-confidence and selfawareness; and managing feelings and behaviour. Physical development: Moving and handling; and Health and self-care. Communication and language: Listening and attention; understanding; and speaking. Literacy: Reading and writing. Mathematics: Numbers; and shape, space and measure. Understanding the world: People and communities; the world; and technology. Expressive arts and design: Exploring and using media and materials;and beingimaginative
Statement confirming whether the trustees have had regard to the guidance	Para 1.18

issued by the Charity Commission on public benefit

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference Our achievements for the year is continuing to be a locally run, small early years setting that provides early years education to local children Summary of the main Para 1.20 in a safe and stimulating environment. We achievements of the charity, continue to develop and improve on our identifying the difference the provision whilst ensuring high standards of charity’s work has made to care and enrichment are provided to our local the circumstances of its community. beneficiaries and any wider benefits to society as a whole.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set


Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Our reserves Policy is to ensure we have enough in our reserves account to allow for redundancies and notices on the premises we rent for the contracted period in the even of immediate and unexpected closure.
Amount of reserves held	Para 1.22
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Trust
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	Para 1.25	Elected at Annual General Meeting (AGM)

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Squirrels Corner Preschool
Other name the charity uses
Registered charity number	10257858
Charity’s principal address	Townhill Park Community Centre Meggeson Avenue Southampton SO182FH

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Charlotte Biles	Chairperson
	Nicola Warner	Treasurer
	Carol Hatter	Secretary
	Hannah Atkins	Committee member
	Jen Beazley	Committee member
	Jacqui Dyer	Committee member
	Krystyna Zara	Committee member
	Genette Spooner	Committee member

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Simone Lewis Tracy Cocking

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Charlotte Biles Position (eg Secretary, Chair Chair, etc) Date 22nd March 2024

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FOR ENGLAND AND WALES|SquirrelsCorner Pre School
Receipts and payments|||||accounts|||||CC16a|| ||Forthe period
from|1 January
2024||T|°|||31 December2024||||| |Section A Receipts and payments
ricted
Unrestricte||i
Restricted|Endowment||||||Total funds||Lastyear|| ||funds|funds||funds||||||||| ||tothe nearest
£|to the nearest£|to the nearest£||||||to the nearest£|to|the nearest£|| |A‘ Receipts||||||||||||| |frees
s—SSSSTCCOYCSCS]|Pe
FungasngSs—<“—sSs~—SsSSsSYSSC‘C;CCOS*ditTEre|||Pe
re666|||||
666|2,326|
666|[2.996|[22.126|
[2.996|||| |A2 Assetand investment sales,||||||||||||| |(see table).|||||||||||||| ||||||||||||||| |Sub total||||||||||||| |Totalreceipts|ee].FE||FE||||||267,819||194,569|| ||||;|||||||||| |A3 Payments
(Books.Toys 8
Equement—SSSC~iSC“‘“‘“‘(CSC‘SAA
AWB[
:
IWages. salanesandotherstafcosts ———=«dSCSCSC~=iS
ws|||||||||||||20828|||||| |Rent, rates, power and insurance costs||eeee|ee||||||||||17,174||| |Repairs and renewals ofproperty and||>|||||||-||-|| ||equipment||||||||||||| ||
[Advertisingandbusiness entertainment costsFo|FoP||P|||||||1,433
ae|||878|| ||||||||||114||120||| |‘Accountancy. legal and otherprofessional
fees||
ass|P||P|||||-|||||969||4,122||| ||||||||||||||| |Sub total|ecaceee|||ecaceee||ee]||||||||||_190,229||| |/A4Assetand investment
|purchases, (see table)||||||||||||| ||-||||||||:||||| |Sub total||||||||||||| |Netofreceipts(payments)[___31:323]
ASTransfersbetweenfunds
=|||
AG Cashfunds last year end
Cashfunds thisyear end{54665]|||—
CY
[|||||||||31,323}
P23,342
54,665]|4340
,
79,0031
[aa||| |CCXXR1accounts(SS)||1||||||||23/03/2025|||

Section B Statement of assets and liabilities at the end of the period

					Unrestricted		Restricted	Endowment
	tegc	Detail			funds		funds	funds
					to nearest £		to nearest £	to nearest £
					ee)
				Totalcash funds	[__$4665}
		(agree	balances	with receipts and payments
				accounl(s))
					Unrestricted		Restricted	Endowment
					funds		funds	funds
_		Details ——			tonearest£		tonearest£	tonearest£ =
—_		Fundtowhich Details asset belongs ———				Cc	. ' ost (optional)	Currentvalue optional) =
		Details			Fund to which assetbelongs	. Cost(optional)		Current value (optional)
					Fund to which		Amount due	When due
-		Details			liability relates		optional)	optional -
Signed by one or allthe trustees	two trustees on behalf of		. Signature		PrintName	Name		Dalepy approval

CCXX R2 accounts (SS)

28/03/2025

Squirrels Corner Pre School Accounts 31 December 2024

OSESNE I BRIE SNE BRINE NG DERE IIS EE

Squirrels Corner Pre School

Independent Examiners report on the unaudited accounts to Squirrels Corner Pre School

| report on the financial statements of the Charity for the year ended 31 December 2024, which are set out on pages 4 to 7.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) 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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. 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 the 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.

CE REELED

LTTE AS, Nine MO ne ee ee

Squirrels Corner Pre School

Independent Examiners report on the unaudited accounts

to Squirrels Corner Pre School

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

accounting records have not been kept in accordance with section 386 of the Companies Act 2006;
the accounts do not accord with such records;
where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies Act 2006, or are not consistent with the Charities SORP (FRS102);
any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts.

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Signed: ») / —
Ciel pate OX: O4 AS”
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Name:

Professional Body:

Andrew D Nicholas CIPFA, MAAT

Chartered Institute of Public Finance Accountants Association of Accounting Technicians Licenced Accountant

Address:

T D Gregory 237 Manor Farm Road Bitterne Park Southampton Hampshire SO18 1NY

Squirrels Corner Pre School Profit and Loss Account - Receipts and Payments basis for the year ended 31 December 2024

	2024	2023
	£	£
Income	267,819	194 569
Cost of sales	11,146	11,059
Gross profit	256,673	183,510
Expenses
Wages, Salaries and other staff costs	205,285	159,614
Rent, rates, power and insurance costs	17,191	17,174
Telephone, fax, stationery and other office costs	1,433	878
Bank, credit card and other finance charges	114	120
Accountancy, legal and other professional fees	969	1,122
Other business expenses	358	262
	225,350	179,170
Profit	31,323	4,340

Squirrels Corner Pre School Balance Sheet as at 31 December 2024

		2024		2023
		£		£
Current assets
Bank/building society balances	54,615		23,292
Cash in hand	50		50
	54,665		23,342
Current liabilities
Trade creditors	1,098		1,098
Net current assets		53,567		22,244
Net assets		53,567		22,244
Capital account
Balance at start of period		22,244		17,904
Net profit		31,323		4,340
		53,567		22,244

—_

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Squirrels Corner Pre School Notes to the Accounts for the year ended 31 December 2024

4 Accounting basis

The accounts have been compiled on a basis that enables profits to be calculated in accordance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to enable the completion of a tax return.

Profit and loss account analysis
	2024	2023
	£	£
Income
Grants Fees	253,803 12,326	169,375 22,126
Fundraising	1,666	2,996
Other	24	72
	267,819	194,569
Cost of sales
Consumables Books, Toys & Equipment	2,317 7,100	2,300 6,038
Other direct costs	1,729	2,721
	11,146	11,059
Wages, salaries and other staff costs Wages and salaries Pensions	182,400 9,898	149,830 7,098
Employer's NI Staff training and welfare	9,173 3,814 205,285	- 2,686 159,614
Rent, rates, powerand insurance costs Rent	17197	17,174
Telephone, fax, stationery and other office costs Telephoneand fax Stationery and printing	144 1,289 14330	144 734 __878
Bank, credit card and otherfinance charges Bankcharges	aa	120
Accountancy, legaland otherprofessional fees Accountants fees	o68 ——	1.122,
Other business expenses Subscriptions	358 ————	—__262_

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