STURMINSTER MARSHALL PRE-SCHOOL
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31[st] AUGUST 2021
Registered Charity Number: 1026037
Donohue Smith & Hartwell Ltd Suite 1a, 43 Fisherton Street, Salisbury, Wiltshire, SP2 7SU
STURMINSTER MARSHALL PRE-SCHOOL
Contents
| Page | |
|---|---|
| Chairperson's report | 2 |
| Legal and administrative details | 3 |
| Report of the Trustees | 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 |
| Detailed Statement of Financial Activities | 12 |
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STURMINSTER MARSHALL PRE-SCHOOL
Chairperson’s Report For the year ended 31[st] August 2021
The chairperson welcomed everyone and thanked them for attending the meeting.
All previous committee members stood down from their posts and a new committee has been formed for the coming year.
The preschool returned in September following a period of closure due to Covid 19 and very few children wanting to attend. Numbers of children on roll were good and hours attended were high as there were several children attending for 30 hours per week funded. Staff caught up on any courses needed through virtual learning. Preschool staff and children managed to complete the year without any covid cases directly. Parents followed our Covid protection rules which was much appreciate by the staff here.
Activities involving parents such as Sports Day and the Christmas party all took place with staff and children but due to Covid safety concerns, parents were not invited. Fun was had by all.
Fundraising was also affected but we did manage to support the Christmas raffle and a Rainbow raffle to raise funds for both Preschool and First School.
At the end of the summer term, our apprentice Francesca Baveridge had completed her qualifications and left to embark on her journey to become a Norland nanny. I wish her every success with this. Jan Ladbrook completed her level 2 qualification.
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STURMINSTER MARSHALL PRE-SCHOOL
Legal and Administrative details For the year ended 31[st] August 2021
Registered Charity Number 1026037
Principle Address Rear of First School 78 High Street Sturminster Marshall Wimborne Dorset BH21 4AY
Independent Examiner Mrs C Smith FCCA Donohue Smith & Hartwell Ltd Suite 1a 43 Fisherton Street Salisbury Wiltshire SP2 7SU
Trustees
The following acted as Trustees during the period:
Mr D Watt Mrs V Cannon Mrs L Warrener Mrs N Charman Mrs K Reynolds Mrs R Hergest Mrs C Hinks Miss S Clark Miss A Clark Miss C Wells Mrs D Purtill
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STURMINSTER MARSHALL PRE-SCHOOL
Report of the Trustees For the year ended 31[st] August 2021
The trustees present their report with the financial statements of the charity for the year ended 31[st] August 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2015.
Governing document
The charity is governed by a constitution, adopted 23[rd] February 1993.
Recruitment and appointment of new trustees
New trustees are appointed by current trustees.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Objectives and aims
To enhance the development and education of children below statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.
Approved by the Trustees on ……………………………………
And signed on their behalf by ……………………………………………….. Mr D Watt
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Independent Examiners Report to the Trustees of STURMINSTER MARSHALL PRE-SCHOOL
I report on the accounts for the year ended 31[st] August 2021, which are set out on pages 8 to 16
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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
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It is my responsibility to:
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examine the accounts (under section 145 of the Charities Act
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to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act); and
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- to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the 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.
Independent examiner's statement
In connection with our examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 130 of the Charities Act;
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act have not been met: or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed ………………………………… Date ………………
Donohue Smith & Hartwell Ltd
5
STURMINSTER MARSHALL PRE-SCHOOL
Statement of Financial Activities For the year ended 31[st] August 2021
| Notes Incoming resources Incoming resources from generated funds Voluntary income Activities for generating funds 2 HMRC JRS grants Grants Total incoming resources Resources Expended Charitable activities Charitable activities Governance costs Net incoming/outgoing resources Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 328 87,017 - - 87,344 85,796 750 86,546 799 72,552 73,351 |
Restricted funds £ - - - - - - - - - - |
2021 2020 Total total funds funds £ £ 328 159 87,017 85,682 - 6,487 - - 87,344 92,328 85,796 84,318 750 570 86,546 84,888 799 7,439 72,552 65,113 73,351 72,552 |
|---|---|---|---|
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STURMINSTER MARSHALL PRE-SCHOOL
Balance Sheet At 31[st] August 2021
| Unrestricted funds Notes £ Fixed Assets Tangible asses 5 10,316 Current Assets Cash at bank 66,835 Prepayments 257 Creditors Amounts falling due within one year 6 (4,057) Net current assets 63,035 Total assets less current 73,351 liabilities Creditors Amounts falling due after more 7 than one year - Net assets 73,351 Funds Unrestricted funds Restricted funds Total funds |
Restricted funds £ 146,023 - - 146,023 (146,023) - |
2021 2020 Total total funds funds £ £ 156,339 156,339 66,835 73,644 257 175 (4,057) (11,582) 63,035 62,237 219,374 218,575 (146,023) (146,023) 73,351 72,552 73,351 72,552 - 73,351 72,552 |
|---|---|---|
The financial statements were approved by the Trustees on………………………………and were signed on their behalf by:
………………………………………… Mr D Watt - Chairperson
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STURMINSTER MARSHALL PRE-SCHOOL
Notes to the Financial Statements For the year ended 31[st] August 2021
1. ACCOUNTING POLICIES
Basis of accounting
The Financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102), effective from 1st January 2015
Cash flow
The financial statements do not include a cash flow statement because the charity, as a small reporting entity, is exempt from the requirement to prepare such a statement under Financial Reporting Standard 102: Section 7 Cash Flow Statements 7.1b.
Incoming resources
All incoming resources becoming available to the charity during the year are included when there is a certainty of receipt.
Resources Expended
Charitable expenditure includes costs associated with particular projects in furtherance of the charity's objects.
Support costs comprise expenditure incurred in support of charitable activities and include an appropriate proportion of overheads.
Governance costs include all expenditure that is not directly related to the charitable activity. This includes trustees expenses and accountancy fees.
Taxation
No Corporation Tax is provided for, as Sturminster Marshall Pre-School, being a charity, is exempt. Subject to confirmation of the exception to corporation tax.
Funds accounting
General funds are unrestricted funds available for use at the discretion of the trustees in furtherance of the general activities of the charity and which have not been designated for other purposes.
Restricted funds are funds whose purpose has been restricted by donors making donations to the charity.
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STURMINSTER MARSHALL PRE-SCHOOL
Notes to the Financial Statements For the year ended 31[st] August 2021
2. ACTIVITIES FOR GENERATING FUNDS
| Fundraising income Early year payments Pre-School fees Mother and toddler fees Uniform sales Other income |
2021 2020 £ £ 765 2,877 69,169 61,926 14,977 17,283 - - 244 52 1,862 3,544 87,017 85,682 |
|---|---|
3. TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31[st] August 2021 nor for the year ended 31[st] August 2020
Trustees’ Expenses
There were no trustees’ expenses paid for the year ended 31[st] August 2021 nor for the year ended 31[st] August 2020.
4. STAFF COSTS
| Wages and salaries | 2021 2020 £ £ 65,874 59,625 |
|---|---|
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STURMINSTER MARSHALL PRE-SCHOOL
Notes to the Financial Statements For the year ended 31[st] August 2021
5. TANGIBLE FIXED ASSETS
| COST Cost brought forward Additions NET BOOK VALUE At 31st August 2020 At 31st August 2019 |
Freehold property £ 156,339 - |
|---|---|
| 156,339 | |
| 156,339 | |
| 156,339 |
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors | 2021 2020 £ £ 4,057 11,582 |
|---|---|
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
| Other creditors | 2021 2020 £ £ 146,023 146,023 |
|---|---|
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STURMINSTER MARSHALL PRE-SCHOOL
Notes to the Financial Statements For the year ended 31[st] August 2021
| At | movement | At | ||
|---|---|---|---|---|
| 1st Sept 2020 | in funds | 31st Aug | 2021 | |
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 72,552 | 799 | 73,351 | |
| Total funds | 72,552 | 799 | 73,351 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 87,344 | (86,546) | 799 | |
| Restricted funds | ||||
| Grants | - | - | - | |
| Total funds | 87,344 | (86,546) | 799 |
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STURMINSTER MARSHALL PRE-SCHOOL
Detailed statement of Financial Activities For the year ended 31[st] August 2021
| Incoming resources Voluntary income Gifts Activities for generating funds Fundraising income Early year payments Pre-School fees Mother and toddler fees Uniform sales HMRC JRS grants Other income Total incoming resources Resources Expended Governance costs Accountancy Support costs Wages Insurance Light and heat Telephone Sundries Fire equipment Carried forward |
2021 £ 328 328 765 69,169 14,977 - 244 - 1,862 87,017 87,344 750 750 65,874 2,647 749 433 897 - 70,599 |
2020 £ 159 |
|---|---|---|
| 159 2,877 61,926 17,283 - 52 6,487 3,544 |
||
| 92,169 | ||
| 92,328 570 |
||
| 570 59,625 2,697 786 822 432 - 64,362 |
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STURMINSTER MARSHALL PRE-SCHOOL
Detailed statement of Financial Activities For the year ended 31[st] August 2021
| 2021 £ Support costs Brought forward 70,599 Maintenance 10,073 Cleaning and supplies 623 Books and office supplies 488 Uniforms 761 Subscriptions 788 Training courses 479 Resources and food 939 Outings - Fund raising expenses - Equipment 1,046 Bank charges - 85,796 Total resources expended 85,796 Net (Expenditure)/income 799 |
2020 £ 64,362 10,842 750 421 231 590 504 1,058 - 302 5,260 - |
|---|---|
| 84,318 84,318 |
|
| 7,439 |
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