STURMINSTER MARSHALL PRE-SCHOOL
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31[st] AUGUST 2022
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 2022
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.
Returned to preschool with 20 on roll. We also collected some children from Reception where on a part time schedule. 5 members of staff.
The trip hazard on the path was repaired and the slabs around the sand pit were completed.
One child on role is SEND and had visits from other professionals – to continue all year.
Started year on £5021.45 deficit on this year’s budget.
Following difficulties with parents getting to the setting outside of normal times, Salli Robinson, our early years advisor, Damien, Patsy and Nina met to find a solution. A camera was put in with a screen in the office and mobile connection for Preschool. This is not used to its full potential. A new member of the office staff works with a more logical approach, and we try to let them know if anyone is due to come in.
Due to having a younger year and cohort it was decided that it wasn’t practical to do a nativity. The children learnt songs instead and these were uploaded to Tapestry. The children enjoyed a Christmas party.
In February all staff caught covid at the same time and the setting was shut for 6 days. This incurred a loss of £518.50. The preschool was also shut due to storm Eunice with a further loss of £84.02.
The children brought in Easter bonnets and also decorated eggs for a competition in school.
A child with SEND has been assessed by various professionals and has an EHCP. No provision was found for him for September so he will temporarily remain at Preschool in September.
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STURMINSTER MARSHALL PRE-SCHOOL
Legal and Administrative details For the year ended 31[st] August 2022
Registered Charity Number 1026037
Principle Address Rear of First School 78 High Street Sturminster Marshall Wimborne Dorset BH21 4AY
Independent Examiner 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 Mr M Bullock Ms R Cox Mrs N Charman Ms J Ladbrook Mrs C Hinks Miss S Clark Miss A Clark
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STURMINSTER MARSHALL PRE-SCHOOL
Report of the Trustees For the year ended 31[st] August 2022
The trustees present their report with the financial statements of the charity for the year ended 31[st] August 2022. 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 2022, 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.
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
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STURMINSTER MARSHALL PRE-SCHOOL
Statement of Financial Activities For the year ended 31[st] August 2022
| Unrestricted funds Notes £ Incoming resources Incoming resources from generated funds Voluntary income 189 Activities for generating funds 2 71,895 HMRC JRS grants - Grants - Total incoming resources 72,084 Resources Expended Charitable activities Charitable activities 67,988 Governance costs 570 68,558 Net incoming/outgoing resources 3,526 Reconciliation of funds Total funds brought forward 73,351 Total funds carried forward 76,877 |
Restricted funds £ - - - - - - - - - - |
2022 2021 Total total funds funds £ £ 189 328 71,895 87,017 - - - - 72,084 87,345 67,988 85,796 570 750 68,558 86,546 3,526 799 73,351 72,552 76,877 73,351 |
|---|---|---|
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STURMINSTER MARSHALL PRE-SCHOOL
Balance Sheet At 31[st] August 2022
| Unrestricted funds Notes £ Fixed Assets Tangible asses 5 10,316 Current Assets Cash at bank 66,867 Prepayments 265 Creditors Amounts falling due within one year 6 (570) Net current assets 66,562 Total assets less current 76,877 liabilities Creditors Amounts falling due after more 7 than one year - Net assets 76,877 Funds Unrestricted funds Restricted funds Total funds |
Restricted funds £ 146,023 - - 146,023 (146,023) - |
2022 2021 Total total funds funds £ £ 156,339 156,339 66,867 66,835 265 257 (570) (4,057) 66,562 63,035 222,900 219,374 (146,023) (146,023) 76,877 73,351 76,877 73,351 - 76,877 73,351 |
|---|---|---|
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 2022
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 2022
2. ACTIVITIES FOR GENERATING FUNDS
| Fundraising income Early year payments Pre-School fees Mother and toddler fees Uniform sales Other income |
2022 2021 £ £ 378 765 51,057 69,169 19,983 14,977 - - 172 244 304 1,862 71,895 87,017 |
|---|---|
3. TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31[st] August 2022 nor for the year ended 31[st] August 2021
Trustees’ Expenses
There were no trustees’ expenses paid for the year ended 31[st] August 2022 nor for the year ended 31[st] August 2021.
4. STAFF COSTS
| Wages and salaries | 2022 2021 £ £ 50,752 65,874 |
|---|---|
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STURMINSTER MARSHALL PRE-SCHOOL
Notes to the Financial Statements For the year ended 31[st] August 2022
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 | 2022 2021 £ £ 570 4,057 |
|---|---|
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
| Other creditors | 2022 2021 £ £ 146,023 146,023 |
|---|---|
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STURMINSTER MARSHALL PRE-SCHOOL
Notes to the Financial Statements For the year ended 31[st] August 2022
| At | movement | At | ||
|---|---|---|---|---|
| 1st Sept 2021 | in funds | 31st Aug | 2022 | |
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 73,351 | 3,526 | 76,877 | |
| Total funds | 73,351 | 3,526 | 76,877 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 72,084 | (68,558) | 3,526 | |
| Restricted funds | ||||
| Grants | - | - | - | |
| Total funds | 72,084 | (68,558) | 3,526 |
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STURMINSTER MARSHALL PRE-SCHOOL
Detailed statement of Financial Activities For the year ended 31[st] August 2022
| 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/SSP grants Other income Total incoming resources Resources Expended Governance costs Accountancy Support costs Wages Insurance Light and heat Telephone Sundries Fire equipment Carried forward |
2022 £ 189 189 378 51,057 19,983 - 172 173 131 71,895 72,084 570 570 50,752 2,754 1,539 540 707 - 56,292 |
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 |
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STURMINSTER MARSHALL PRE-SCHOOL
Detailed statement of Financial Activities For the year ended 31[st] August 2022
| Support costs Brought forward Maintenance Cleaning and supplies Books and office supplies Uniforms Subscriptions Training courses Resources and food Outings Fund raising expenses Equipment Bank charges Total resources expended Net (Expenditure)/income |
2022 2021 £ £ 56,292 70,599 6,196 10,073 597 623 953 488 220 761 702 788 177 479 1,107 939 80 - - - 1,665 1,046 - - 67,988 85,796 67,988 85,796 3,526 799 |
|---|---|
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