## **FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED 31 MARCH 2023** 

**FOR** 

**RIVER MEADOW PRESCHOOL** 



**RIVER MEADOW PRESCHOOL** 

## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **INDEX** 

|Page|1|||Charity Information|
|---|---|---|---|---|
|Page|2|||Independent Examiner Report|
|Page|3|||Balance Sheet|
|Page|4|||Income and Expenditure Account|
|Page|5|-|6|Notes to the Financial Statements|





## **RIVER MEADOW PRESCHOOL** 

## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** 

Charity Number 1027272 Registered Office Thames Drive Newport Pagnell Buckinghamshire MK16 9DS Independent Examiner Longstaff, Gentle & Co Chartered Certified Accountants 61 Harpur Street Bedford MK40 2SS 

Page 1 



**REPORT OF LONGSTAFF, GENTLE & CO** 

## **TO THE TRUSTEES** 

## **OF RIVER MEADOW PRESCHOOL** 

## **(REGISTERED CHARITY NUMBER: 1027272)** 

I report on the accounts of River Meadow Preschool for the year ended 31 March 2023, which are set out on pages 3 to 6 is as follows. 

## **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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. 

It is my responsibility to: 

- 1 examine the accounts under section 145 of the 2011 Act; 

- 2 to follow the procedures laid down in the General Directions given by the Charity Commissioner under section 145(5)(b) of the 2011 Act; and 

- 3 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 Commissioner. 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 the seeking of 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, the requirements: 

   - a) to keep accounting records in accordance with section 130 of the 2011 Act; and 

   - b) to prepare accounts which accord with the accounting records and to 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. 

LONGSTAFF, GENTLE & CO MR S.P. SIMPSON 61, Harpur Street Bedford MK40 2SR 

DATE 

Chartered Certified Accountants 

Page 2 



**RIVER MEADOW PRESCHOOL** 

**BALANCE SHEET AS AT 31 MARCH 2023** 

## **(REGISTERED CHARITY NUMBER: 1027263)** 

|£<br>£<br>2333.00<br>1552.80 <br>0.00 <br>56928.79 <br>3630.99<br>89116.68<br>657.98 <br>151887.24<br>10736.22 <br>141151.02<br>143484.02<br>67669.01<br>75815.01<br>143484.02<br>2022|£<br>£<br>2333.00<br>1552.80 <br>0.00 <br>56928.79 <br>3630.99<br>89116.68<br>657.98 <br>151887.24<br>10736.22 <br>141151.02<br>143484.02<br>67669.01<br>75815.01<br>143484.02<br>2022|Notes<br>**FIXED ASSETS**<br>Tangible Assets<br>2<br>**CURRENT ASSETS**<br> Debtors<br> Prepayments<br> Cash at Bank - Current Account<br>Fundraising<br>Business Reserve Accounts<br> Cash in Hand<br>**LESS: CURRENT LIABILITIES**<br> Creditors<br>**TOTAL ASSETS LESS CURRENT LIABILITIES**<br>**FINANCED BY:**<br>**UNRESTRICTED FUNDS**<br>1.5, 4a<br>**RESTRICTED FUNDS**<br>1.5, 4b|68486.96<br>3205.65<br>89179.17|£<br>£<br>1926.00<br>774.00<br>0.00<br> 160871.78<br>98.92<br>161744.70<br>1432.51<br>160312.19<br>162238.19<br>86423.18<br>75815.01<br>162238.19<br>2023|£<br>£<br>1926.00<br>774.00<br>0.00<br> 160871.78<br>98.92<br>161744.70<br>1432.51<br>160312.19<br>162238.19<br>86423.18<br>75815.01<br>162238.19<br>2023|
|---|---|---|---|---|---|
|||||||
||151887.24<br>10736.22|||161744.70<br>1432.51||
|||||||
|143484.02|||||162238.19|
|67669.01<br>75815.01|||||86423.18<br>75815.01|
|143484.02|||||162238.19|



Approved by the Trustees of River Meadow Preschool on ….................................... 

…......................... …......................... Chairman Treasurer 

Page 3 



**RIVER MEADOW PRESCHOOL** 

**STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023** 

## **(REGISTERED CHARITY NUMBER: 1027263)** 

|**INCOMING RESOURCES**<br>Activities Income<br>Grants Received<br>Preschool Fees Received<br>Nursery Entitlement<br>Breakfast Club Fees<br>Uniform Sales<br>Fundraising<br>Raffles<br>Photographs<br>Smarties<br>Tea Towels<br>Laminates<br>Bags2School<br>Donations<br>Easyfunding<br>Miscellaneous<br>Table Top Sale<br>Trips and Outings<br>Other Income<br>Prior Year Adjustments<br>Investment Income<br>Interest Received<br>**TOTAL INCOMING RESOURCES**<br>RESOURCES EXPENDED<br>Activities Expenditure Wages and N.I.C.<br>Employers Pension<br>Rent<br>Playgroup Consumables, etc<br>Books/CDs/Games<br>Activities Arranged<br>Garden Expenses<br>Snacks and Refreshments<br>Uniforms and Bags<br>Fundraising<br>Raffles<br>Tea Towels<br>Laminates<br>Trips and Outings<br>Carnival<br>Miscellaneous<br>Governance Costs<br>Printing, Postage & Stationery<br>Photocopier Expenses<br>Insurance<br>Training and Course Fees<br>Repairs and Renewals<br>Computer Software and Support<br>Cleaning Costs<br>DBS Checks<br>Telephone<br>Subscriptions<br>Photographs<br>Accountancy Charges<br>Bank Charges<br>Health and Safety<br>Depreciation<br>**TOTAL RESOURCES EXPENDED**<br>**NET INCOMING/OUTGOING RESOURCES**<br>**TRANSFER BETWEEN FUNDS**<br>**NET INCOMING/OUTGOING RESOURCES AFTER TRANSFERS**<br>**TOTAL FUNDS BROUGHT FORWARD**<br>**TOTAL FUNDS CARRIED FORWARD**|Unrestricted<br>Funds<br>200.00<br>19712.84<br>147800.36<br>16741.05<br>135.00<br>184589.25<br>69.00<br>92.33<br>227.95<br>51.50<br>144.00<br>319.80<br>48.00<br>0.00<br>499.55<br>100.00<br>430.50<br>1982.63<br>11136.98<br>62.49<br>197771.35<br>143157.21<br>1887.78<br>10028.15<br>2980.50<br>323.83<br>1124.60<br>99.98<br>2637.89<br>332.00<br>162571.94<br>58.99<br>213.45<br>20.72<br>1112.00<br>37.06<br>15.50<br>1457.72<br>449.00<br>184.84<br>1933.07<br>946.65<br>1067.30<br>2617.49<br>4544.89<br>390.10<br>1165.93<br>555.74<br>34.85<br>300.00<br>143.16<br>247.50<br>407.00<br>14987.52<br>179017.18<br>18754.17<br>0.00<br>18754.17<br>67669.01<br>86423.18|Restricted<br>Funds<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>75815.01<br>75815.01|Total<br>200.00<br>19712.84<br>147800.36<br>16741.05<br>135.00<br>184589.25<br>69.00<br>92.33<br>227.95<br>51.50<br>144.00<br>319.80<br>48.00<br>0.00<br>499.55<br>100.00<br>430.50<br>1982.63<br>11136.98<br>62.49<br>197771.35<br>143157.21<br>1887.78<br>10028.15<br>2980.50<br>323.83<br>1124.60<br>99.98<br>2637.89<br>332.00<br>162571.94<br>58.99<br>213.45<br>20.72<br>1112.00<br>37.06<br>15.50<br>1457.72<br>449.00<br>184.84<br>1933.07<br>946.65<br>1067.30<br>2617.49<br>4544.89<br>390.10<br>1165.93<br>555.74<br>34.85<br>300.00<br>143.16<br>247.50<br>407.00<br>14987.52<br>179017.18<br>18754.17<br>0.00<br>18754.17<br>143484.02<br>162238.19|2022|
|---|---|---|---|---|
|||||4666.67<br>15139.55<br>133444.60<br>13534.00<br>275.50|
|||||167060.32|
|||||443.77<br>96.81<br>164.96<br>0.00<br>187.50<br>63.00<br>250.00<br>84.65<br>175.64<br>0.00<br>200.00|
|||||1666.33|
|||||0.00|
|||||344.05|
||||||
|||||169070.70|
|||||130192.99<br>1649.42<br>9417.96<br>3159.87<br>727.33<br>730.00<br>273.44<br>2256.48<br>317.88|
|||||148725.37|
|||||59.19<br>0.00<br>36.09<br>110.00<br>15.00<br>25.00|
|||||245.28|
|||||755.96<br>2329.31<br>1888.95<br>2741.25<br>8858.01<br>3374.93<br>4231.96<br>453.20<br>1144.85<br>505.69<br>0.00<br>600.00<br>30.40<br>137.16<br>0.00|
|||||27051.67|
||||||
|||||176022.32|
|||||(6951.62)<br>0.00|
|||||(6951.62)<br>150435.64|
|||||143484.02|



Page 4 



**RIVER MEADOW PRESCHOOL** 

**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** 

## 1 **ACCOUNTING POLICIES** 

## 1.1 **Accounting Convention** 

These accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards and the recommendations of the Statement of Recommended practice in respect of the accounts of charities. 

## 1.2 **Donations, Grants and Legacies** 

These comprise amounts receivable during the year. 

## 1.3 **Incoming Resources and Resources Expended** 

Incoming resources and resources expended are accounted for on a accruals basis. 

## 1.4 **Allocation Of Costs** 

All costs are charged directly to an activity wherever appropriate. 

## 1.5 **Fixed Assets** 

Depreciation is provided at the following annual rates in order to write off each asset over it's estimated useful life. 

Play Equipment 15% reducing balance Office Equipment 25% reducing balance 

## 1.5 **Unrestricted and Restricted Funds** 

Unrestricted funds are those funds available for the general running of the charity and the use of those funds is limited only by the objects of the charity. 

Restricted funds are those funds which have been donated for a purpose specified by the donor. The use of Restricted funds is not at the discretion of the members. 

## 2 **Fixed Assets** 

|**COST**<br>Cost<br>Additions during the year<br>Balance as at 31 March 2023<br>**DEPRECIATION**<br>Accumulated<br>Charge for the year<br>Balance as at 31 March 2023<br>**NET BOOK VALUES**<br>as at 31 March 2023<br>as at 31 March 2022<br>Page 5|Play<br>Fixtures &<br>Total<br>Equipment<br>Fittings<br>£<br>£<br>£<br>24016.00<br>2090.44<br>26106.44<br>0.00<br>0.00<br>0.00|
|---|---|
||24016.00<br>2090.44<br>26106.44|
||22250.00<br>1523.44<br>23773.44<br>265.00<br>142.00<br>407.00|
||22515.00<br>1665.44<br>24180.44|
||1501.00<br>425.00<br>1926.00|
||1766.00<br>567.00<br>2333.00|
|||





## **RIVER MEADOW PRESCHOOL** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** 

## 3 **Net Assets Held by Funds** 

|Fixed Assets<br>Other Current Assets<br>Current Liabilities|Unrestricted<br>Restricted<br>2023<br>Funds<br>Funds<br>Total<br>£<br>£<br>£|
|---|---|
||1926.00<br>0.00<br>1926.00<br>72565.53<br>75815.01<br>148380.54<br>(1432.51)<br>0.00<br>(1432.51)|
||73059.02<br>75815.01<br>148874.03|



## 4a **Unrestricted Funds** 

|General Reserve<br> **Restricted Funds**<br>Redundancy|Balance<br>Balance<br>as at<br>Income<br>Expenditure<br>Transfers<br>as at<br>01.04.22<br>31.03.23|
|---|---|
||67669.01<br>197771.35<br>(179017.18)<br>0.00<br>86423.18|
||67669.01<br>197771.35<br>(179017.18)<br>0.00<br>86423.18|
||Balance<br>Balance<br>as at<br>Income<br>Expenditure<br>Transfers<br>as at<br>01.04.22<br>31.03.23|
||75815.01<br>0.00<br>0.00<br>0.00<br>75815.01|
||75815.01<br>0.00<br>0.00<br>0.00<br>75815.01|



## 4b **Restricted Funds** 

Page 6