Southwater Village Hall Pre.School Southwater Willage Hall Pre-school Report & Accounts Forthe Year Ended 31" August 2024 Curve Accountancy 65 Gales Drive Crawley RH101QA AceovNYANCY
Southwater Village Hall Pre-school Contents Year Ended 31" August 2024 PAGE Index General Information Report of the Trustees Treasurer's Report Chairperson's Report Independent Examiners Report Statement of Financial Activities Staternent of Assets and Liabilities Accounting Policles 10 Notes to the Accounts
Southwater Village Hall Pre-school General Information Year Ended 31" August 2024 Trustees Hannah Scholefield Chair ELizabeth Stacey Jackjennings Gemma Tidy Phil Stenning Lizzie Crawford Mark Scholefield Sarah Read Zed Annan Secretary Treasurer Nominated Person Committee Person Committee Person Committee Person Committee Person Committee Person Address Church Lane Southwater Horsham West Sussex RH13 9BT Charity Number 1027293 Bankers National Westminster Bank PIC 47 Carfax Horsham West Sussex RH121YZ Independent Examiner Cutve Accountancy 65 Gales Drive Crawley West Sussex RH101QA
Southwater Village Hall Pre-school Report of the Trustees Year Ended 31" August 2024 The tiustees submit their report and accounts for the yearended 31"August 2024 Constitution The charity is governed by its constitution which follows the format recommended by the Earlyyears ALliance. Objects The charity is established 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. Organlsatlon Southwater Village Hall Pre-SchooL was established in 1974 with the purpose of providing pre-school education to those below the statutory school age. The pre-school is run on a day-to-day basis by a manager who is supported by several staff. With the support of the trustees, they are committed to a funded programme of continuing professionaLdevelopment and work very hard to achieve this. In addition, the manager and trustees regularly review policies to ensure that the charity is working in line with current good practice and changing legislation. The trustees, including officers. are elected or appointed on an 8nnual basis. The trustees met periodically during the year under review. Between meetings, the officers of the charity conduct its affairs and report theiractions ai the next meeting of the trustees. Trustees The names of the current trustees (committee members) are stated on page 2 and are parents of children attending the pre-schooL. ALI trusteeslcommittee members have to complete DBS checks before thelrelection can be confirmed. Reserves Pollcy In line with the recommendations of the Ch8rityCommission, the pre-school has a reseNe equivalent to approximately four months, expenses. Publlc Benefit Thetrustees confirm they have referred to the Charity Commission's guidance on public benefitwhen reviewingthe charity's aims, objectives and services, and consider howthe current and any proposed services and facilities willcontribute to them. R8view of the Year Duringthe last 12 months, the pre-school has enjoyed another active yearas described in the treasurer's and chairperson's reports on the following pages.
Southwater Village Hall Pre-school Treasurer's Report Year Ended 31" August 2024 2023134 is looking to have been a very successful year financially for the preschool with an expected profit of approximately £46,000. This represerbts a full recoup of the large loss from the previous year and a little extra. Although the accounts have not yet been independentlyexamined, we do not anticipate any large deviations from the existing figures. Our staffing cost have risen significantly over last year, this is partlydue to the minimum wage increase in April and our revamp of the pay Structure, however this was a necessary change to benefit staff welfare and retention. To offset this, the amount received in government funding has also increased significantly, due in part to the increased nurrber of children. This is projected to increase further movingforward as we now have permission to accept more children. Next yearwill present a challenge 8S the rent forthe village hall is rising 8nd there is a significant rise in minimum wage from April. At this time, we do not knowwhat the increase in funding per child will be, so it hasn't been possible to complete an accurate forecast. On a positive note, sessions from January are full so we are in the best positlon we can be now. I know that Emma has a plan to carryon our recent success with fundraisingto help with some ofthe consumable expenses.
Southwater Village Hall Pre-school Chairperson's Report Year Ended 31" August 2024 Having reflected on the past 12 months, it is genuinely amazing how far the pre-school has come and what a journeywe have been on. As with all charities, there have been plenty of challenges. Most notably a turbulent relationship with the accountants, staff retention and parent support. However, there have been so many positives. The staff smashed Ofsted, which is a huge testament to their hard work and passion for the pre-school. We have had a huge focus on fundraising with success achieving grants and hosting a Summer fete, where we also unveiled our dinosaur rebrand, which I thinkwe can all agree has been a huge hit. The waiting list has never looked so healthy and we have employed a book keeper, who has transformed our relationship with the financ8s and future proofing the pre- school moving forward. On a more personal note, l am so proud of the committeeand whatwe have achieved. The running of the pre-school is completely reliant on a parent led committee 8nd this is no easyfeat. especially with such little supportfrom the large majority of parents. Thankyou to this wonderful bunch and those who could not be here, for continuingto show up, offer your time and expertise and ensure we have a laugh (well most of the time!), whilst doing it. Andto continue the tradition of poetry at the AGM,.. Emma and Georgia are the perfect dream team. Leading the pre-school like no one's ever seen. Full of passion, ideas and a love forthe school, Always working hard to keep things on track at the hall. Mark is Nr organised and keeps us on track, And the creator of the new logo - we've never Looked back, Gemma is our resident expert- thankgoodness she's here, She is full of knowledge and suggestions when we have no idea! Jack is the numbers man, who forecasts our fate. He always gets things acr,oss the Line, even if it's a little late! Luckily he introduced us to Georgia, who has been an absolute star, She has supported us enormously and really raised the bar. Liz is our lovely secretarywho likes to bring some order. She is full of useful knowledge, some of which comes from the border! Phil is our longest standing member, who never misses a meeting. He's our IT guy, checking inboxes to make sure we're receiving.
Southwater Village Hall Pre-school A big shout out to Sarah, the fundraisingwizard. A phenomenal effort this year- that fete wouLd have happened even in a blizzard! Lizzie is now firmly part of the gang, she is here largely down to me. Sadly she couldn't be here tonight, but we'll let her off as she's just had a baby. Zed is our newest recruit and we were very pleased to see him. A secondaryschool teacher and safeguarding Lead with knowledge full to the brim! Thankyou to each and every one ofyou for all that you have done and do, Thisyearwould not have been half the success if it wasn'tfor all ofyou. Signed Date Hannah Scholefield Chairperson
Southwater Village Hall Pre-school Independent Examiner's Report Year Ended 31" August 2024 I report to the trustees on my examination of the accounts of the above charity for the period 1" September 2023 to 31" August 2024, which are set out on pages 8-11. RaspéetiV8 r8sponsibilitles of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees considerthat an audit is not required for this period under section 144(2) ofthe Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibilityto: examine the accounts undersection 145 of the 2011 Act,. tofoLlow the procedures laid down in the general Directions given bythe Charity Commission under section 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention. Basis of Independant examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review ofthe accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items ordisclosures in the accounts, and seeking explanations from you as trustees concerning anysuch matters. The procedures undertaken do not provide aLI the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a'true and fairvi8w' and the report is limited to th088 matters set out in the statement below, Indapendent examlner's statement In connection with my examination. no matter has come to myattention: (1) which gives me reasonable cause to believe that inany material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and complywith the accounting requirements ofthe 2011 Act have not been {2) to which, in my opinion, attention should be drawn in orderto enable a proper understanding of the accounts to be reached. Signed: Narne: Chris Irving Relevant professional qualification or body: FMAAT Address". Curve Accountancy, 65 Gales Drive, Three Bridges. Crawley RH10 1 QA Date: 30th May 2025
Southwater Village Hall Pre-school Statement of Financial Activities Year Ended 31°, August 2024 2023 Income:. Donation5 Fundraising events and activities Fees - Free entitlement Fees- Non-funded M ilk refunds U niform sal8S Lunch Link Membershlp & lolning fees Grants received Other income Bank deposit Interesi 100 1173 165161 41103 37 73 67415 21099 271 277 1815 12541 2690 500 320 79 Total Income 225403 89251 Exp8n888:. Salaries i ncluding social s8curity Costs Staff trai ning and welfare Renl of village hall Purchase of uniforms Equipment Consumables Event8 Outdoor 8rea donatlon Milk Books Insurance Office equipment Stalionery Administratlon Professional Foes Memberships and subscriptions 8ank charges Sundry expenses Marketing & Advertising Familyfees DBS costs Cleaning Depreciation 155327 2800 7953 1200 375 4259 135 104777 56 7953 694 1144 2238 5000 101 959 796 379 915 5359 5261 2619 230 612 19 -4768 254 668 150 929 51 415 504 Total expenses 178825 130552 SurpluslDeficil for the year 46578 -41301
Southwater Village Hall Pre-SchooL Statement of Assets and Liabilities Year Ended 31" August 2024 2023 Flxed Assats Tangible assets 1889 2304 Current Assets Debtors C85h at bankand in hand 2411 153727 156138 507 117545 118052 Current Llabllities Credltors: amounts falling due within one year 28399 37306 Netcurrent Assets 127739 80746 Total assets less liabilltles 129628 83050 Represenled by: Funds brought forward SurpluslDef icit for the year Funds Carried forward 83050 46578 129628 124351 -41301 83050 The financial statements on pages 8 to 11 were epproved by the trustees on were 8pprov8d by the Trustees by.. and Name: Chairperson Name: Treasurer