BADGER PRE-SCHOOL Financial Statements For the period 1st September 2023_ 31st August 2024 PRE-Se
BADGER PRE-SCHOOL TRUSTEES, ANNUAL REPORT_ 31ST AUGUST 2024 The trustees present their report for the period ended 31st August 2024. Administrative details The charity is registered with Ihe Charity Commission and its registration number is 1026983. The address of the charity is clo Holbrook Primary School, Wych Lane, Bridgemary, Gosport, Hampshire, P013 OJN. The Irustees who served during the period, and to the date of this report, are as follows: Tracie Denton - Chairperson Hayley Manfield - Treasurer Kally Oakton Tracey Gray Hayleigh Barnard Governance and management The charity was established under a constitution adopted 15 September 1993, as amended on 9th November 2010 and 11th October 2011. Objectlves and activities The charity's objective is to enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups. Badger Pre-school is located on the grounds of Holbrook Primary School in Bridgemary, Gosport. We are registered with Ofsted and can have 32 children at any one time in the pre- school. We offer high quality care and education for children from 2 years to school age. Funding is available for 2-year-olds and 34-year-olds. Achlevements and performance Badger Pre-school have had a good year, full in capacity. In September we started back after the holidays and welcomed a whole new intake of children. During November all key persons had meetings with parents and discussed their children's progress. Hallet photography came in and took individual photos of the children. We also supported Children in Need Charity doing dress up days. December was a busy month full of glitter, dress up days and parties. We held a raffle to raise funds. In the new year we welcomed more new children and held some events, dress up, raffles and open mornings. In July we held a summer raffle to raise funds and said goodbye to our children going to school.
BADGER PRE-SCHOOL Financial review Badger Pre-school hold reserves of £97,813 (2023: £96,378) as at 31 st August 2024, this is enough money to cover 6 months of running costs. at current levels if there was ever to be a significant change to the charities income. Public benefit statement The trustees have had due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. Trustees. responslbilities statement The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales 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 statemenls, the Irustees are required to: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP 2019 make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 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 Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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. Tracie Denton - Chairperson On behalf of the Trustees Date.. 21 klp(o lo
BADGER PRE-SCHOOL INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31st August 2024 31st August 2024 31st August 2023 Income Fees Received HCC Funding Job Retention Scheme Fundraising Activities Sundry income Trips, Courses, etc Interest Total Income 20,400 132,475 22,375 105,398 1.449 232 380 347 155,283 1,076 2,865 380 34 132,128 Expenditure Wages and salaries Social security costs Employer's pension Contribution Rent Tapestry Insurance Telephone Postage and Stationery Cleaning Paper, Print, Materials, Games and Toys Cost of Snacks Training Costs Cost of Clothing Miscellaneous expenses Independent examination Professional fees Depreciation Food Vouchers Total Expenditure 125,504 2,179 1,593 15,098 192 1,194 55 266 857 497 232 868 252 506 588 3,550 417 114,119 2,197 14,354 146 1,139 185 300 2,070 2,348 468 1,218 493 1,320 480 4,109 212 425 153,848 145,583 Surplus l (Deficit) 13,455 Reconciliation of funds Balan at 31 sl August 2023 96,378 109,833 Balance at 31st August 2024 97,813 96,378 None (2023: £425) of HCC Funding was restricted for food vouchers following the 'National free school meals voucher scheme, by the government to provide support for disadvantaged families.
BADGER PRE-SCHOOL STATEMENT OF ASSETS AND LIABILITIES AS AT 31st AUGUST 2024 31sI August 2024 31°, August 2023 Fixed Assets 948 565 Current Assets Bank and Cash 99,756 97,480 Current Liabilities Taxation and Social Security Other Creditors Accruals 1,376 783 732 2,891 489 458 720 1,667 Net current assets 96,865 95,813 Net assets 97,813 96,378 Funds Unrestricted funds 97,813 96,378 Total funds 97.813 96,378 Approved by the Trustees: Tracie Denton - Chairperson On behalf of the Trustees Date: 11 To15
BADGER PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS Charity Information Badger Pre-school is a registered charity, number 1026983. The business address is shown in the information page. Badger Pre-school meets the definition of a public benefit enlity under section 34 of FRS102. Assets and liabilities are initially recognised at historical cost or transactional value, unless otheiSe stated in the relevant accounting policy. 2. Basis of preparation The financial statements have been prepared under historical cost convention and in accordance with Accounting and Reporling by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective October 2019) (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), the Charities Act 2011 and UK Generally Accepted Practice. The accounting period has been extended so as to be consistent with the school year. 3. Tangible Fixed Assets and Depreciation Tangible fixed assets are capitalised at cost and depreciated over their estimated useful economic life on a straight line basis as follows.. Play equipment Fixtures and fittings Computer equiprnent 4. Employees The average number of employees during the year was 9 (2023: 9). There are no employees who received total employee benefits or more than £60,000 (2023: Nil). No trustees received remuneration or were reimbursed for expenses in the year (2023". Nil).
BADGER PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS 5. Tangible Fixed Assets Play equipment Computer equipment Fixtures and fittings Total Cost At 1s1 Septernber 2023 Additions in the year And 31s1 August 2024 6,026 3,604 800 4.404 24,917 34,547 800 35.347 6,026 24,917 Depreclatlon sl At 1 September 2023 Charge for the year At 31st August 2024 6,026 3,458 312 3,770 24,498 105 24,603 33,982 417 34,399 6,026 Net book values At 31 $1 August 2024 634 314 948 At 31 sl August 2023 146 419 565 6. Related party transactions There were no related party transactions during the period.
BADGER PRE-SCHOOL Independent Examiner's Report to the Trustees of Badger Pre-school I report on the accounts of the charity for the period ended 31st August 2024, which are set out on pages 1 to 6. Respective responslbilities 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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Act; lo follow the procedures laid down in the General Directions given by the Charily Commissioners under section 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention. Basis of independent examlner'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 you as 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 my examination, no matter has come to my attention: 1. Which gives me reasonable cause to believe that in any material respect Ihe requirements to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounling records and comply with the accounting requirements of the 2011 Act have not been met: or 2. to which, in my opinion attention should be drawn in order to enable a proper understanding of the accounts to be reached. Compass Accountants Limited Venture House, The Tanneries East Street, Titchfield. Hants. P014 4AR Kerry Lawrance FCA Date: 24- flfriL