**CHARITY REGISTERED NUMBER: 1027102** ## **MOSTERTON PRE-SCHOOL** **TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023** **ELSON FRAMPTON ACCOUNTANTS 26-28 WEST STREET BRIDPORT DORSET DT6 3QP** ## **MOSTERTON PRE-SCHOOL** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Registered Charity Number:** 1027102 ` **Chairman:** Carley Crystal-Pearson (appointed 7 November 2022) **Trustees:** Lea Tuck Charlotte Hagley Carly Burgiss (appointed 4 October 2022) Danielle Goodhew (appointed 4 October 2022) (resigned 1 May 2023) Samantha Larcombe (appointed 1 September 2023) **Administrator:** Zoe Rutland **Registered Office:** Mosterton Pre-school Fairoak Way Mosterton Beaminster Dorset DT8 3JQ **Accountants:** Elson Frampton Accountants Wessex House 66 High Street Honiton Devon EX14 1PD **Bankers:** Lloyds Bank 37 Market Square Crewkerne Somerset TA18 7LR Page 1 ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE MANAGEMENT COMMITTEE OF MOSTERTON PRE-SCHOOL** ## **FOR THE YEAR ENDED 31 AUGUST 2023** I report to the charity management committee on my examination of the accounts of the charity for the year ended 31 August 2023 which are set out on pages 5 to 10. ## **Responsibilities and basis of report** As the charity management committee you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** In connection with our examination, no matter has come to our attention: which gives us reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with S.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 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Elson Frampton Accountants Wessex House 66 High Street Honiton Devon EX14 1PD Page 2 ## **MOSTERTON PRE-SCHOOL** ## **STATEMENT OF INCOME AND EXPENDITURE** ## **FOR THE YEAR ENDED 31 AUGUST 2023** ||**2023**|**2022**| |---|---|---| ||**£**|**£**| |**Income**||| |Fees and funding|135,033|106,630| |Fundraising|1,604|8,237| |Trading activities|-|104| |Donations|684|2,400| |Other grants|-|8,510| |Bank interest|22|-| ||**–––––––**|**–––––––**| ||137,343|125,881| ||**–––––––**|**–––––––**| |**Expenditure**||| |Wages and salaries|111,188|109,449| |Administration|55|1,881| |Ground rent|75|75| |Insurance|2,078|1,803| |Software and internet|1,272|886| |New toys and equipment|4,438|1,876| |Miscellaneous|160|392| |Telephone|764|773| |Cleaning|171|1,537| |Water and rates|377|253| |Training and DBS checks|943|600| |Stationery and materials|1,515|2,926| |Purchase of uniform|152|136| |Mileage|-|17| |Light, heat and power|1,215|1,547| |Snacks|1,986|1,717| |EYPP|-|1,586| |Fundraising|207|275| |Loan charges and interest|925|2,492| |Property Maintenance|4,762|7,733| |Donations|-|120| |Independent examiners fee|300|300| ||**–––––––**|**–––––––**| ||132,583|138,374| ||**–––––––**|**–––––––**| |**Surplus/(Deficit) of Income for Year**|4,760|(12,493)| ||**–––––––**|**–––––––**| Page 3 ## **MOSTERTON PRE-SCHOOL** ## **BALANCE SHEET** ## **AT 31 AUGUST 2023** |**£**
**Tangible fixed assets**
Buildings
Furniture, Fixtures and Fittings
**Current assets**
Bank Accounts
41,353
Prepayments
380
**–––––––**
41,733
**Creditors**
Taxes
1,373
Pension Control
-
Loans
32,681
Accruals and Deposits Held
600
**–––––––**
**Net current assets**


**Total assets less current liabilities**


**Net assets**


**Capital funds**
Unrestricted funds


**Total funds**

|**2023**
**2022**
**£**
**£**
**£**
157,324
157,324
1,610
1,610
_______
_______
158,934
158,934

37,544
-
**–––––––**
37,544
-
941
33,984
300
**–––––––**
7,079
2,319
**–––––––**
**––––––**
166,013
161,253
**–––––––**
**––––––**
166,013
161,253
**–––––––**
**––––––**
166,013
161,253
**–––––––**
**––––––**
166,013
161,253
**–––––––**
**––––––**| |---|---| Approved by the management committee on 21 May 2024 and signed on its behalf. Zoe Rutland Administrator The annexed notes form part of these financial statements. Page 4 ## **MOSTERTON PRE-SCHOOL** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31 AUGUST 2023** ## 1. **Accounting policies** The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting 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 (FRS102) issued on 16 July 2014 (as updated through Bulletin 1 published on 2 February 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015. The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A. The financial statements are prepared on a going concern basis under the historical convention (modified to include certain items at fair value). The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years unless otherwise stated. ## **Incoming resources** All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. ## **Tangible fixed assets and depreciation** Tangible fixed assets are stated at cost. Page 5