## Chaddlewood Pre-school Committee AGM (April 2021 – March 2022)
23[rd] November 2022
## 19:30
Bungalow/Zoom
## Attendees:
Bungalow
Glenn Jordan (GJ), Jane Bartlett (JB), Lyn Helliwell (LH), Michelle Hay (MH), Chloe Parsons (CP), Claire Dunstan (CD), Nick Pannell (NP), Jen Meader (JM), Katherine Lindsay (KL), Natalie Atkins (NA), Shannon Lloyd (SL),
## Zoom:
Tracey Hill (TH), Charlotte Tucker (CT), Alison Green (AG), Rita Martins (RA), Bex Sandercock (BS), Sandra Bernard (SB), Lucy Casey (LC), Folslade Olaoye (FO)
## Apologies:
Georgina Thomas (GT)
## **1. Welcome**
Welcome from GJ. Thanked all attendees for joining/attending.
## **2. Agree minutes from last year**
Previous minutes read and agreed.
## **3. Chairpersons’ report**
Thanked staff for their continued hard work and dedication. Setting as always running very smoothly, well oiled machine. GJ advised due to his changed position in the community he is considering stepping down from his position in future years.
## **4. Finance report**
We made a loss of £5434 in this financial period.
Income - £217,419 - £8198 more than 2021
Grant money (2/3/4 year funding) was £40,378 less than the previous year due to lower numbers – particularly in The Hut.
Fees paid by parents as increased by £13,512 due to an increase in numbers in the bungalow and also covid shutdown during the previous year.
Woodies saw an increase of £38,449 this year again due to covid shutdown the previous and an increase in numbers.
Expenditure - £ 222.854 - £10734 increase on the previous year.
An increase in wages and HMRC payments - £12,355 – due to wage rise and covid payments.
Also a rise in consumables as we were open a full year.
## **5. Managers’ report**
The past year has been a year of change at Chaddlewood Preschool. We are settling into new ways of working with children and their families since the Covid pandemic. We are continuing to work through and provide the best outcomes for children in our setting. We are engaging with parents as much as possible through our online learning platform, Tapestry and sending home learning for our families to participate in. Face to face meetings have not been possible but we hope to reintroduce as Covid restrictions have been lifted. We have been very quiet with numbers of children in hut. The children have become a small tight knit group who have built strong bonds with each other when they to move onto school together. Numbers of children are good in the bungalow which should give us a head start in September 2022. We feel that this is down a low birth rate, covid pandemic and empty houses in Hillcrest Close have had an impact.
We have been successful in some fundraising firstly with the COOP community fund which is due to finish in October 2022, we have had a very successful raffle raising over £1000 and a donation from our local councillor. These will help to provide new resources for the children. We hope to continue to raise funds in the new school year.
Visits from PCC and the Safeguarding team are no longer taking place and therefore reports have been self-evaluations on policies. PCC meetings/training continue via Teams.
I would also like to take the opportunity to thank Tracey, Lyn and all the staff in supporting me and for providing fantastic learning opportunities for the children.
## **6. Woodies Out of School Club report**
Woodies is very busy with children on the waiting list, we can now take a maximum of 40 children which we have on a Monday and Wednesday after school. And a waiting list for all sessions except on a Friday where both breakfast and afterschool have spaces available.
We lost Emma who was our Woodies assistant due to personal reasons and we wish her all the best.
We have employed another assistant Karen Hillyer who has just joined the team. Unfortunately we lost Rebekka Arcos our room leader, Rebekka has moved on due to not enough hours and we wish her all the best. Kelly Tomlinson has now stepped up as room leader and we seek to employ an assistant for the afterschool club, which we have now filled with Amanda Fifield.
We are still very busy at Woodies with 79 children on our books. All days are full now except for a Friday where there are couple of spaces in breakfast and after school left. The government relaxed the rules on 21st June 2021, and we will be able to take a few more children, although the bubble systems we kept but weren’t so rigid.
At the end of term in July, we had 5 children leaving as they are going on to secondary school and 6 new children starting in foundation who wanted spaces for the breakfast and afterschool club. We were still using the bubble system as this works well in separating the young children with the older children.
Both rooms have now got a TV and Xbox to give the children some social time playing games, this is monitored giving the children 15-minute time slots. The children have been planting various vegetables and fruit in the allotment and have even eaten some lettuce they have grown for snack. Woodies have bought a Karaoke machine for the children to sing along to various tunes and just to let their hair down.
I would like to thank Kelly and her team for all their hard work in to making Woodies a safe and fun environment to be in.
## **7. Nominations of Committee Meetings**
All existing Committee members stood down. Re-elected members:
- GJ, CD, AG, CT, MH
New committee members to join:
- JM, KL, NP
Proposed by LH, Seconded by JB. Voted unanimously.
JB will distribute committee packs.
Roles to be elected at next meeting.
**8. AOB**
School Christmas Fair
Planning in full swing. Hosting Hook-a-duck and Tin Can Alley. Reindeer food/hot choc as tin can strike prize to be asked to Friends.
**9. Date of next Meeting**
Wednesday 18[th] January – 7:30pm
Location TBC
Meeting closed at 20:00.
_Minutes taken by MH._
Registered Charity No: 1026785
## **REPORT AND ACCOUNTS**
for the annual financial period ended 31st March, 2022
for
## **CHADDLEWOOD PRE-SCHOOL**
## **CHADDLEWOOD PRE-SCHOOL**
INDEX TO THE FINANCIAL STATEMENTS
## **for the annual period to 31st March, 2022**
||Page|
|---|---|
|Legal and Administrative Information|2|
|Report of the Trustees|3|
|Report of the Independent Examiner|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes Forming Part of the Financial Statements|7 to 11|
Page 1
## **CHADDLEWOOD PRE-SCHOOL**
## **Legal and Administrative Information**
## **Trustees**
Glenn Jordan Charlotte Christie Joanne Barnes Michelle Hay Chloe Parsons Alison Green Claire Dunstan Georgiana Thomas Zuzana Bernardova Jenny Jeffers Carrie Bickford Katie Beasley
Chairperson Treasurer Appointed November 21 Treasurer Resigned November 21 Secretary
Appointed November 21 Appointed November 21 Appointed November 21 Resigned November 21 Resigned November 21 Resigned November 21 Resigned November 21
## **Principal Office**
Chaddlewood Pre-School, Hemerdon Heights, Plympton, Plymouth PL7 2EU
## **Accountants**
St Kew Accountancy Ltd. Patto Owriak, Allen Park St. Kew Highway, Bodmin Cornwall PL30 3AR
## **Bankers**
Santander, Bootle, Merseyside L30 4GB
Page 2
## **CHADDLEWOOD PRE-SCHOOL**
## **REPORT OF THE TRUSTEES for the annual period to 31st March, 2022**
The trustees present their report along with the financial statements of the charity for the twelve month period ended 31st March, 2022. The financial statements have been prepared in accordance with the accounting policies set out on page 7 and the recommendations of the Statement of Recommended Practice - Accounting and Reporting by Charities.
## **CONSTITUTION AND OBJECTS**
Chaddlewood Pre-school is a registered charity No. 1026785, registered on 7th October, 1993.
The objects of the charity are the provision of pre-school childcare for children in the Chaddlewood area.
## **ORGANISATION**
The trustees who have served during the period under review and since the period end are set out on page 2.
## **TRUSTEES' RESPONSIBILITIES**
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's state of affairs during the financial period and of its financial position at the end of the period. In preparing those accounts, the trustees are required to:
- -select suitable accounting policies and then apply them consistently;
- -make judgements and estimates that are reasonable and prudent;
-state whether the applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and
- -prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993.
They 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 and signed on their behalf by:
…………………………………….
Dated:……………July, 2022
Page 3
**REPORT TO THE TRUSTEES OF**
**CHADDLEWOOD PRE-SCHOOL for the annual period to 31st March, 2022**
## **Respective Responsibilities of Trustees and Examiner**
As the Charity's Trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to our attention.
## **Basis of Independent Examiner's Report**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 you as trustees, concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent Examiner's Statement**
In connection with my examination, no matter has come to my attention:
- 1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the Act and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met: or 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding on the accounts to be reached.
Signed:…………………………
M. Vickery St. Kew Accountancy Ltd.
8th July, 2022
Page 4
## **CHADDLEWOOD PRE-SCHOOL**
## **Statement of Financial Activities (including an Income and Expenditure Account)**
**for the annual period to 31st March, 2022**
|**Incoming Resources**
Activities to further the charity's objects:
Local authority grants, trust grants and sundry
Fees for play activities
1-1 Funding
Woodies
Trips and Activities
Activities to generate funds:
Fundraising activities
Meals
Refunds
Bank Interest
Sundry
**Total Incoming Resources**
**Resources Expended**
Wages
Tax and E'ers NI
Pension
Materials
Rent and Rates
Water Rates
Premises
Heat and Power
Refreshments and Milk
Telephone
Trips and Visits
Planning
Administration
Insurance
Training
Cleaning/Refuse
Registrations/Leases & Memberships
Repairs and Renewals
Health & Safety
Woodies
Professional Fees
Fundraising Expenses
Uniform - Staff
Miscellaneous
Depreciation
**Total Resources Expended**
**Net Outgoing Resources:**
**Net movement in Funds**
**Total Funds at 1st April 2021**
**Total Funds at 31st March 2022**|**Unrestricted**
**Funds**
**£**
-
21,555
-
63,023
-
1,564
3,426
317
246
75
90,206
45,361
12,083
5,765
540
10,014
694
-
-
5,447
1,092
-
701
1,241
1,749
-
3,589
-
-
-
1,751
3,995
215
1,401
-
95,640
-5,434
95,880
90,445|**Restricted**
**Funds**
**£**
123,820
-
3,393
-
-
-
-
-
-
-
127,213
118,055
-
-
-
-
-
1,327
2,378
898
-
175
-
-
-
1,090
-
2,111
41
498
-
-
-
-
-
641
127,213
-
-
-|**Total**
**Funds**
**2022**
**£**
**123,820**
**21,555**
**3,393**
**63,023**
**-**
**1,564**
**3,426**
**317**
**246**
**75**
**217,419**
**163,416**
**12,083**
**5,765**
**540**
**10,014**
**694**
**1,327**
**2,378**
**6,345**
**1,092**
**175**
**701**
**1,241**
**1,749**
**1,090**
**3,589**
**2,111**
**41**
**498**
**1,751**
**3,995**
**215**
**1,401**
**-**
**641**
**222,854**
**-5,434**
**95,880**
**90,445**|Total
Funds
2021
£
164,198
8,043
3,736
24,574
-
3,401
1,807
700
224
2,539|
|---|---|---|---|---|
|||||209,221|
|||||161,897
1,247
4,755
794
9,700
475
6,392
1,501
3,966
998
329
607
1,204
1,787
238
3,056
2,109
193
322
818
3,412
43
516
438
5,325|
|||||212,120|
|||||-2,900
98,780|
|||||95,880|
Page 5
## **CHADDLEWOOD PRE-SCHOOL**
## **BALANCE SHEET AS AT 31ST MARCH, 2022**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**9**
**CURRENT ASSETS**
Cash at Bank & in Hand
**3**
Debtors & Prepayments
**11**
**CREDITORS AND ACCRUALS:**
Amounts falling due within one year
**12**
**NET CURRENT ASSETS :**
**TOTAL ASSETS LESS CURRENT LIABILITIES:**
**CAPITAL AND RESERVES**
Income and Expenditure Account|**£**
**£**
£
£
**31/03/2022**
31/03/2021
**2,920**
1,822
**106,436**
109,440
**3,142**
1,955
**109,578**
111,395
**22,053**
17,337
**87,526**
94,058
**90,445**
95,880
**90,445**
95,880|**£**
**£**
£
£
**31/03/2022**
31/03/2021
**2,920**
1,822
**106,436**
109,440
**3,142**
1,955
**109,578**
111,395
**22,053**
17,337
**87,526**
94,058
**90,445**
95,880
**90,445**
95,880|
|---|---|---|
||**22,053**||
||||
|||95,880|
||||
|||95,880|
## **ON BEHALF OF THE TRUSTEES:**
:-Signed by Trustee
:-Print Name
Approved by the Trustees on: July, 2022.
Page 6
## **CHADDLEWOOD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS**
**for the annual period to 31st March, 2022**
## **1. ACCOUNTING POLICIES:**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention and on an Accruals basis, in accordance with the Statement of Recommended Practice(2005), the Financial Standard for Smaller Entities (effective April 2008) and the Charities Act 1993.
## **Expenditure**
Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which can not be recovered.
## **Unrestricted Funds**
Unrestricted funds are donations, fees income and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.
## **Designated Funds**
Designated funds are unrestricted funds earmarked by the management committee for particular purposes.
## **Restricted Funds**
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs.
## **2. DONATIONS**
|General donations|**31/03/2022**
31/03/2021
**Unrestricted**
**Restricted**
**Total**
Total
**£**
**£**
**£**
£
-
-
**-**
-|
|---|---|
||-
-
**-**
-|
## **3. CURRENT ASSETS: Cash and Bank**
|Cash at Bank:
Current Account-Santander
Shawbrook - 60 Day Notice
Cash in Hand|**31/03/2022**
31/03/2021
**£**
£
**45,230**
88,480
**61,193**
20,947
**13**
13|
|---|---|
||**106,436**
109,440|
## **4.TRANSACTIONS WITH THE TRUSTEES**
During the year the charity did not reinburse trustees' expenditure.
Page 7
## **CHADDLEWOOD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **for the annual period to 31st March, 2022**
## **5. INCOMING RESOURCES**
|**5. INCOMING RESOURCES**||
|---|---|
|Local authority grants, trust grants and sundry
Fees for play activities
1-1 Funding
Woodies
Trips and Activities
Fundraising activities
Meals
Refunds
Bank Interest
Sundry|**31/03/2022**
31/03/2021
**Unrestricted**
**Restricted**
**Total**
Total
**£**
**£**
**£**
£
-
123,820
**123,820**
164,198
21,555
-
**21,555**
8,043
-
3,393
**3,393**
3,736
63,023
-
**63,023**
24,574
-
-
**-**
-
1,564
-
**1,564**
3,401
3,426
-
**3,426**
1,807
317
-
**317**
700
246
-
**246**
224
75
-
**75**
2,539|
||90,206
127,213
**217,419**
209,221|
## **6. DIRECT CHARITABLE EXPENDITURE**
|Wages
Tax and E'ers NI
Pension
Materials
Rent and Rates
Water Rates
Premises
Heat and Power
Refreshments and Milk
Telephone
Trips and Visits
Planning
Administration
Insurance
Training
Cleaning/Refuse
Registrations, Leases & Memberships
Repairs and Renewals
Health & Safety
Woodies
Professional Fees
Fundraising Expenses
Uniform - Staff
Miscellaneous
Depreciation|**Unrestricted**
**General**
**Restricted**
**31/03/2022**
31/03/2021
**Fund**
**Fund**
**Total Funds**
Total Funds
**£**
**£**
**£**
£
45,361
118,055
**163,416**
161,897
12,083
-
**12,083**
1,247
5,765
-
**5,765**
4,755
540
-
**540**
794
10,014
-
**10,014**
9,700
694
-
**694**
475
-
1,327
**1,327**
6,392
-
2,378
**2,378**
1,501
5,447
898
**6,345**
3,966
1,092
-
**1,092**
998
-
175
**175**
329
701
-
**701**
607
1,241
-
**1,241**
1,204
1,749
-
**1,749**
1,787
-
1,090
**1,090**
238
3,589
-
**3,589**
3,056
-
2,111
**2,111**
2,109
-
41
**41**
193
-
498
**498**
322
1,751
-
**1,751**
818
3,995
-
**3,995**
3,412
215
-
**215**
43
1,401
-
**1,401**
516
-
-
**-**
438
-
641
**641**
5,325|
|---|---|
||95,640
127,213
**222,854**
212,120|
Page 8
**CHADDLEWOOD PRE-SCHOOL**
**NOTES TO THE FINANCIAL STATEMENTS for the annual period to 31st March, 2022**
## **7. NET INCOMING RESOURCES FOR THE YEAR**
|This is stated after charging:
Auditors Remuneration
Depreciation
**8. STAFF COSTS AND NUMBERS**
Staff costs were as follows:
Salaries and wages
Tax and National Insurance
Pension|Unrestricted
General
Fund
**31/03/2022**
31/03/2021
**£**
**£**
£
465
**465**
451
641
**641**
5,325|Unrestricted
General
Fund
**31/03/2022**
31/03/2021
**£**
**£**
£
465
**465**
451
641
**641**
5,325|
|---|---|---|
||1,106
**1,106**
5,776||
|||**31/03/2022**
31/03/2021
**£**
£
**163,416**
161,897
**12,083**
1,247
**5,765**
4,755|
|||**181,265**
163,144|
No employee received emoluments of more than £60,000
The average weekly number of employees during the year, calculated on the basis of full time equivalents, was as follows:
|Administration and Support
Management
Childcare|**31/03/2022**
31/03/2021
**No**
No
**1**
1
**2**
2
**9**
9|
|---|---|
||**12**
12|
## **9 TANGIBLE FIXED ASSETS:**
For valuation purposes, depreciation is calculated at the following annual rates, in order to write off each asset over its estimated useful life: Fixtures and Fittings 18% on a straight line basis. Equipment 18% on a straight line basis.
|**Cost**
Brought Forward
Additions
Fully Depreciated
As at 31st March, 2022
**Depreciation**
Brought Forward
Charge for the period
Fully Depreciated
As at 31st March, 2022
**Net Book Value:**
As at 31st March, 2022
**Net Book Value:**
As at 1st April, 2021|**Fixtures &**
**Fittings**
**Equipment**
**Total**
**£**
**£**
**£**
-
-
**-**
3,561
**3,561**
-
-
**-**|
|---|---|
||-
3,561
**3,561**|
||-
-
**-**
-
641
**641**
-
-
**-**|
||-
641
**641**|
|||
||-
2,920
**2,920**|
|||
||-
-
**-**|
Page 9
## **CHADDLEWOOD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS for the annual period to 31st March, 2022**
## **10. TAXATION**
The charity is exempt from corporation tax on its charitable activities.
## **11. DEBTORS AND PREPAYMENTS: Amounts falling due within one year**
|**Debtors**
Milk Grant
Fees
Furlough
**Prepayments**
Subscriptions and Memberships
Insurance|**31/03/2022**
31/03/2021
**£**
£
**272**
513
**1,046**
1,011
**-**
393
**38**
38
**1,787**
-|
|---|---|
||**3,142**
1,955|
## **12. CREDITORS: Amounts falling due within one year:**
|||**31/03/2022**|31/03/2021|
|---|---|---|---|
|**Creditors**||**£**|£|
||Professional Fees|**465**|451|
||Wages|**14,868**|15,607|
||Tax|**1,608**|-|
||Pension|**555**|459|
||Other|**4,558**|820|
## **Accruals**
**-** - **22,053** 17,337
## **13. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Tangible fixed assets
Current assets
Current liabilities
Net assets @ 31st March, 2022|**General**
**Designated**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
2,920
-
-
**2,920**
109,578
-
-
**109,578**
22,053
-
-
**22,053**|
|---|---|
||90,445
-
-
**90,445**|
## **14. MOVEMENTS IN FUNDS**
|**Restricted Funds**
Grant - Early Years Funding (PCC)
Grant - PCC
Grant - 1:1 Funding
Grant - Apprentice Initiative
Grant - Acheivement Training
Grant - WFRU
**Total Restricted Funds**
**Total Unrestricted Funds**
**Total Funds**|**Incoming**
**Outgoing**
**At 01/04/21**
**Resources**
**Resources**
**Transfers**
**At 31/03/22**
**£**
**£**
**£**
**£**
**£**
-
121,991
121,991
-
**-**
-
500
500
-
**-**
-
3,393
3,393
-
**-**
-
500
500
-
**-**
-
500
500
-
**-**
-
329
329
-
**-**|
|---|---|
||-
127,213
127,213
-
**-**
95,880
90,206
95,640
-
**90,445**|
||**95,880**
**217,419**
**222,854**
**-**
**90,445**|
Page 10
## **CHADDLEWOOD PRE-SCHOOL**
**NOTES TO THE FINANCIAL STATEMENTS for the annual period to 31st March, 2022**
## **15. CAPITAL COMMITMENTS**
The charity has no capital commitments as at 31st March 2022 or 31st March 2021.
## **16. PURPOSES OF RESTRICTED FUNDS**
**Grant - Early Years Funding (PCC)** For the support of the provision of child care. **Grant - PCC 1:1 Funding** To provide support for a child who required 1 to 1 care. **Grant - WFRU** This grant is to support the provision of daily milk for the children. **Grant - PCC Achievement Training** To support training expenses. **Grant - Apprentice Initiative** To support the cost of an apprentice.
These notes form part of the financial statements
Page 11
Registered Charity No: 1026785
## **REPORT AND ACCOUNTS**
for the annual financial period ended 31st March, 2022
for
## **CHADDLEWOOD PRE-SCHOOL**
## **CHADDLEWOOD PRE-SCHOOL**
INDEX TO THE FINANCIAL STATEMENTS
## **for the annual period to 31st March, 2022**
||Page|
|---|---|
|Legal and Administrative Information|2|
|Report of the Trustees|3|
|Report of the Independent Examiner|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes Forming Part of the Financial Statements|7 to 11|
Page 1
## **CHADDLEWOOD PRE-SCHOOL**
## **Legal and Administrative Information**
## **Trustees**
Glenn Jordan Charlotte Christie Joanne Barnes Michelle Hay Chloe Parsons Alison Green Claire Dunstan Georgiana Thomas Zuzana Bernardova Jenny Jeffers Carrie Bickford Katie Beasley
Chairperson Treasurer Appointed November 21 Treasurer Resigned November 21 Secretary
Appointed November 21 Appointed November 21 Appointed November 21 Resigned November 21 Resigned November 21 Resigned November 21 Resigned November 21
## **Principal Office**
Chaddlewood Pre-School, Hemerdon Heights, Plympton, Plymouth PL7 2EU
## **Accountants**
St Kew Accountancy Ltd. Patto Owriak, Allen Park St. Kew Highway, Bodmin Cornwall PL30 3AR
## **Bankers**
Santander, Bootle, Merseyside L30 4GB
Page 2
## **CHADDLEWOOD PRE-SCHOOL**
## **REPORT OF THE TRUSTEES for the annual period to 31st March, 2022**
The trustees present their report along with the financial statements of the charity for the twelve month period ended 31st March, 2022. The financial statements have been prepared in accordance with the accounting policies set out on page 7 and the recommendations of the Statement of Recommended Practice - Accounting and Reporting by Charities.
## **CONSTITUTION AND OBJECTS**
Chaddlewood Pre-school is a registered charity No. 1026785, registered on 7th October, 1993.
The objects of the charity are the provision of pre-school childcare for children in the Chaddlewood area.
## **ORGANISATION**
The trustees who have served during the period under review and since the period end are set out on page 2.
## **TRUSTEES' RESPONSIBILITIES**
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's state of affairs during the financial period and of its financial position at the end of the period. In preparing those accounts, the trustees are required to:
- -select suitable accounting policies and then apply them consistently;
- -make judgements and estimates that are reasonable and prudent;
-state whether the applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and
- -prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993.
They 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 and signed on their behalf by:
…………………………………….
Dated:……………July, 2022
Page 3
**REPORT TO THE TRUSTEES OF**
**CHADDLEWOOD PRE-SCHOOL for the annual period to 31st March, 2022**
## **Respective Responsibilities of Trustees and Examiner**
As the Charity's Trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to our attention.
## **Basis of Independent Examiner's Report**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 you as trustees, concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent Examiner's Statement**
In connection with my examination, no matter has come to my attention:
- 1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the Act and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met: or 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding on the accounts to be reached.
Signed:…………………………
M. Vickery St. Kew Accountancy Ltd.
8th July, 2022
Page 4
## **CHADDLEWOOD PRE-SCHOOL**
## **Statement of Financial Activities (including an Income and Expenditure Account)**
**for the annual period to 31st March, 2022**
|**Incoming Resources**
Activities to further the charity's objects:
Local authority grants, trust grants and sundry
Fees for play activities
1-1 Funding
Woodies
Trips and Activities
Activities to generate funds:
Fundraising activities
Meals
Refunds
Bank Interest
Sundry
**Total Incoming Resources**
**Resources Expended**
Wages
Tax and E'ers NI
Pension
Materials
Rent and Rates
Water Rates
Premises
Heat and Power
Refreshments and Milk
Telephone
Trips and Visits
Planning
Administration
Insurance
Training
Cleaning/Refuse
Registrations/Leases & Memberships
Repairs and Renewals
Health & Safety
Woodies
Professional Fees
Fundraising Expenses
Uniform - Staff
Miscellaneous
Depreciation
**Total Resources Expended**
**Net Outgoing Resources:**
**Net movement in Funds**
**Total Funds at 1st April 2021**
**Total Funds at 31st March 2022**|**Unrestricted**
**Funds**
**£**
-
21,555
-
63,023
-
1,564
3,426
317
246
75
90,206
45,361
12,083
5,765
540
10,014
694
-
-
5,447
1,092
-
701
1,241
1,749
-
3,589
-
-
-
1,751
3,995
215
1,401
-
95,640
-5,434
95,880
90,445|**Restricted**
**Funds**
**£**
123,820
-
3,393
-
-
-
-
-
-
-
127,213
118,055
-
-
-
-
-
1,327
2,378
898
-
175
-
-
-
1,090
-
2,111
41
498
-
-
-
-
-
641
127,213
-
-
-|**Total**
**Funds**
**2022**
**£**
**123,820**
**21,555**
**3,393**
**63,023**
**-**
**1,564**
**3,426**
**317**
**246**
**75**
**217,419**
**163,416**
**12,083**
**5,765**
**540**
**10,014**
**694**
**1,327**
**2,378**
**6,345**
**1,092**
**175**
**701**
**1,241**
**1,749**
**1,090**
**3,589**
**2,111**
**41**
**498**
**1,751**
**3,995**
**215**
**1,401**
**-**
**641**
**222,854**
**-5,434**
**95,880**
**90,445**|Total
Funds
2021
£
164,198
8,043
3,736
24,574
-
3,401
1,807
700
224
2,539|
|---|---|---|---|---|
|||||209,221|
|||||161,897
1,247
4,755
794
9,700
475
6,392
1,501
3,966
998
329
607
1,204
1,787
238
3,056
2,109
193
322
818
3,412
43
516
438
5,325|
|||||212,120|
|||||-2,900
98,780|
|||||95,880|
Page 5
## **CHADDLEWOOD PRE-SCHOOL**
## **BALANCE SHEET AS AT 31ST MARCH, 2022**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**9**
**CURRENT ASSETS**
Cash at Bank & in Hand
**3**
Debtors & Prepayments
**11**
**CREDITORS AND ACCRUALS:**
Amounts falling due within one year
**12**
**NET CURRENT ASSETS :**
**TOTAL ASSETS LESS CURRENT LIABILITIES:**
**CAPITAL AND RESERVES**
Income and Expenditure Account|**£**
**£**
£
£
**31/03/2022**
31/03/2021
**2,920**
1,822
**106,436**
109,440
**3,142**
1,955
**109,578**
111,395
**22,053**
17,337
**87,526**
94,058
**90,445**
95,880
**90,445**
95,880|**£**
**£**
£
£
**31/03/2022**
31/03/2021
**2,920**
1,822
**106,436**
109,440
**3,142**
1,955
**109,578**
111,395
**22,053**
17,337
**87,526**
94,058
**90,445**
95,880
**90,445**
95,880|
|---|---|---|
||**22,053**||
||||
|||95,880|
||||
|||95,880|
## **ON BEHALF OF THE TRUSTEES:**
:-Signed by Trustee
:-Print Name
Approved by the Trustees on: July, 2022.
Page 6
## **CHADDLEWOOD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS**
**for the annual period to 31st March, 2022**
## **1. ACCOUNTING POLICIES:**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention and on an Accruals basis, in accordance with the Statement of Recommended Practice(2005), the Financial Standard for Smaller Entities (effective April 2008) and the Charities Act 1993.
## **Expenditure**
Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which can not be recovered.
## **Unrestricted Funds**
Unrestricted funds are donations, fees income and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.
## **Designated Funds**
Designated funds are unrestricted funds earmarked by the management committee for particular purposes.
## **Restricted Funds**
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs.
## **2. DONATIONS**
|General donations|**31/03/2022**
31/03/2021
**Unrestricted**
**Restricted**
**Total**
Total
**£**
**£**
**£**
£
-
-
**-**
-|
|---|---|
||-
-
**-**
-|
## **3. CURRENT ASSETS: Cash and Bank**
|Cash at Bank:
Current Account-Santander
Shawbrook - 60 Day Notice
Cash in Hand|**31/03/2022**
31/03/2021
**£**
£
**45,230**
88,480
**61,193**
20,947
**13**
13|
|---|---|
||**106,436**
109,440|
## **4.TRANSACTIONS WITH THE TRUSTEES**
During the year the charity did not reinburse trustees' expenditure.
Page 7
## **CHADDLEWOOD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **for the annual period to 31st March, 2022**
## **5. INCOMING RESOURCES**
|**5. INCOMING RESOURCES**||
|---|---|
|Local authority grants, trust grants and sundry
Fees for play activities
1-1 Funding
Woodies
Trips and Activities
Fundraising activities
Meals
Refunds
Bank Interest
Sundry|**31/03/2022**
31/03/2021
**Unrestricted**
**Restricted**
**Total**
Total
**£**
**£**
**£**
£
-
123,820
**123,820**
164,198
21,555
-
**21,555**
8,043
-
3,393
**3,393**
3,736
63,023
-
**63,023**
24,574
-
-
**-**
-
1,564
-
**1,564**
3,401
3,426
-
**3,426**
1,807
317
-
**317**
700
246
-
**246**
224
75
-
**75**
2,539|
||90,206
127,213
**217,419**
209,221|
## **6. DIRECT CHARITABLE EXPENDITURE**
|Wages
Tax and E'ers NI
Pension
Materials
Rent and Rates
Water Rates
Premises
Heat and Power
Refreshments and Milk
Telephone
Trips and Visits
Planning
Administration
Insurance
Training
Cleaning/Refuse
Registrations, Leases & Memberships
Repairs and Renewals
Health & Safety
Woodies
Professional Fees
Fundraising Expenses
Uniform - Staff
Miscellaneous
Depreciation|**Unrestricted**
**General**
**Restricted**
**31/03/2022**
31/03/2021
**Fund**
**Fund**
**Total Funds**
Total Funds
**£**
**£**
**£**
£
45,361
118,055
**163,416**
161,897
12,083
-
**12,083**
1,247
5,765
-
**5,765**
4,755
540
-
**540**
794
10,014
-
**10,014**
9,700
694
-
**694**
475
-
1,327
**1,327**
6,392
-
2,378
**2,378**
1,501
5,447
898
**6,345**
3,966
1,092
-
**1,092**
998
-
175
**175**
329
701
-
**701**
607
1,241
-
**1,241**
1,204
1,749
-
**1,749**
1,787
-
1,090
**1,090**
238
3,589
-
**3,589**
3,056
-
2,111
**2,111**
2,109
-
41
**41**
193
-
498
**498**
322
1,751
-
**1,751**
818
3,995
-
**3,995**
3,412
215
-
**215**
43
1,401
-
**1,401**
516
-
-
**-**
438
-
641
**641**
5,325|
|---|---|
||95,640
127,213
**222,854**
212,120|
Page 8
**CHADDLEWOOD PRE-SCHOOL**
**NOTES TO THE FINANCIAL STATEMENTS for the annual period to 31st March, 2022**
## **7. NET INCOMING RESOURCES FOR THE YEAR**
|This is stated after charging:
Auditors Remuneration
Depreciation
**8. STAFF COSTS AND NUMBERS**
Staff costs were as follows:
Salaries and wages
Tax and National Insurance
Pension|Unrestricted
General
Fund
**31/03/2022**
31/03/2021
**£**
**£**
£
465
**465**
451
641
**641**
5,325|Unrestricted
General
Fund
**31/03/2022**
31/03/2021
**£**
**£**
£
465
**465**
451
641
**641**
5,325|
|---|---|---|
||1,106
**1,106**
5,776||
|||**31/03/2022**
31/03/2021
**£**
£
**163,416**
161,897
**12,083**
1,247
**5,765**
4,755|
|||**181,265**
163,144|
No employee received emoluments of more than £60,000
The average weekly number of employees during the year, calculated on the basis of full time equivalents, was as follows:
|Administration and Support
Management
Childcare|**31/03/2022**
31/03/2021
**No**
No
**1**
1
**2**
2
**9**
9|
|---|---|
||**12**
12|
## **9 TANGIBLE FIXED ASSETS:**
For valuation purposes, depreciation is calculated at the following annual rates, in order to write off each asset over its estimated useful life: Fixtures and Fittings 18% on a straight line basis. Equipment 18% on a straight line basis.
|**Cost**
Brought Forward
Additions
Fully Depreciated
As at 31st March, 2022
**Depreciation**
Brought Forward
Charge for the period
Fully Depreciated
As at 31st March, 2022
**Net Book Value:**
As at 31st March, 2022
**Net Book Value:**
As at 1st April, 2021|**Fixtures &**
**Fittings**
**Equipment**
**Total**
**£**
**£**
**£**
-
-
**-**
3,561
**3,561**
-
-
**-**|
|---|---|
||-
3,561
**3,561**|
||-
-
**-**
-
641
**641**
-
-
**-**|
||-
641
**641**|
|||
||-
2,920
**2,920**|
|||
||-
-
**-**|
Page 9
## **CHADDLEWOOD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS for the annual period to 31st March, 2022**
## **10. TAXATION**
The charity is exempt from corporation tax on its charitable activities.
## **11. DEBTORS AND PREPAYMENTS: Amounts falling due within one year**
|**Debtors**
Milk Grant
Fees
Furlough
**Prepayments**
Subscriptions and Memberships
Insurance|**31/03/2022**
31/03/2021
**£**
£
**272**
513
**1,046**
1,011
**-**
393
**38**
38
**1,787**
-|
|---|---|
||**3,142**
1,955|
## **12. CREDITORS: Amounts falling due within one year:**
|||**31/03/2022**|31/03/2021|
|---|---|---|---|
|**Creditors**||**£**|£|
||Professional Fees|**465**|451|
||Wages|**14,868**|15,607|
||Tax|**1,608**|-|
||Pension|**555**|459|
||Other|**4,558**|820|
## **Accruals**
**-** - **22,053** 17,337
## **13. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Tangible fixed assets
Current assets
Current liabilities
Net assets @ 31st March, 2022|**General**
**Designated**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
2,920
-
-
**2,920**
109,578
-
-
**109,578**
22,053
-
-
**22,053**|
|---|---|
||90,445
-
-
**90,445**|
## **14. MOVEMENTS IN FUNDS**
|**Restricted Funds**
Grant - Early Years Funding (PCC)
Grant - PCC
Grant - 1:1 Funding
Grant - Apprentice Initiative
Grant - Acheivement Training
Grant - WFRU
**Total Restricted Funds**
**Total Unrestricted Funds**
**Total Funds**|**Incoming**
**Outgoing**
**At 01/04/21**
**Resources**
**Resources**
**Transfers**
**At 31/03/22**
**£**
**£**
**£**
**£**
**£**
-
121,991
121,991
-
**-**
-
500
500
-
**-**
-
3,393
3,393
-
**-**
-
500
500
-
**-**
-
500
500
-
**-**
-
329
329
-
**-**|
|---|---|
||-
127,213
127,213
-
**-**
95,880
90,206
95,640
-
**90,445**|
||**95,880**
**217,419**
**222,854**
**-**
**90,445**|
Page 10
## **CHADDLEWOOD PRE-SCHOOL**
**NOTES TO THE FINANCIAL STATEMENTS for the annual period to 31st March, 2022**
## **15. CAPITAL COMMITMENTS**
The charity has no capital commitments as at 31st March 2022 or 31st March 2021.
## **16. PURPOSES OF RESTRICTED FUNDS**
**Grant - Early Years Funding (PCC)** For the support of the provision of child care. **Grant - PCC 1:1 Funding** To provide support for a child who required 1 to 1 care. **Grant - WFRU** This grant is to support the provision of daily milk for the children. **Grant - PCC Achievement Training** To support training expenses. **Grant - Apprentice Initiative** To support the cost of an apprentice.
These notes form part of the financial statements
Page 11