J Chan-SiDg A E Checkley J Clwi-sing North Kellsiwon COrnntt￿ty Centre I Webb Close IL)ndon WIO 5QB 1028192 5592023 Ellgland and Wales Staplehurst & Co Chartered Certified A¥¥oiintants 29 Cromer Road TTr)ting London SW17 9JN Th¢ trn%te4 who are a]$0 dircctors for the puw5¢9 of LWWIY law. h8v¢ pleasure in presething their report 8nd thc fuwiclal stat¢ments of th¢ ¢F￿rAty for the ended 31st March 2024. RcfCrQ￿ and admi1￿&1[#t1Y¢ Iktsils are shown on tbe front pa8e of th¢ finattcial statcment& The trusttts who s¢rv¢d the charity during the yeari¥cr¢ Ls fOllo￿- J. Chan-sing A.E. Ch¢ckley Dalgarno Pr¢-sohool Limited was in¢orpoTatcd as a wn)paDy IiEnÈted by guat¥ntee and is a rwi*tued ¢harity. Trustccs &r¢ appoinicd at the At)nual Genernl Mcrling and by th¢ tru8tets bctW¢¢D tntttill¥S. No persL)n may bc appointed UDltss #ppn)ved by the tnLStec& Thc number of trubttys should b¢ betwe￿ 2 and 9. Trustecs arr Tequired to partieipale ID an induction alld trainillg programnK at the start ofihcir ternL Th¢ trO￿teS hayc woduct￿ a ￿vIeW of th¢ tD8jor risks to which the clwity is eX￿-￿L They implemcnt m¢&%urcs attd thtablish systems to miti8&te the cff¢¢t ofth05c rihks where appropria The obj¢etiwes of th¢ pre-school are to cnball¢e the dev¢10pm￿l and c(lu¢&tion of chlldr¢n pritnarily und¢r sta￿tOry school agc by encouraging parents to undeTdand and provide for the o¢uls of thcir childrcn thwu8h community 8fvUP& Wc would likc to thank Ana attd her te4un for their dedi¥¥tlilD and bard wvrk Our numbcts h&ve iDcrLd¥ed followin8 2 difficult fttw ￿larS. We its'ured fiwxdiD8 to run daoce music and thcsc have bccn succe% fill not only with the prerschth)I familie5 but wc havc alw) bad comtTruuity SLTh%iull5 which has belped with our mark"¢ting and cngagitig wilh tbe local commtinity. We have kept fees low to help our local low-income f8milies and we can see that families are continuillg in the service because of thts. Most of our ¢bildren that attend either reieive fijnding througb the low income 2 ycar old or are a 3 y¢ar old in receipt of15 free hours. We have had a few children this ye4r who were ¢ligible for the 30 bours fi￿dIti8. We wallt to encourage working fatnilics that do not get help and earn just over the thr￿hold well. We only have a couple of paying familics so we have continued with our ¢thos to support tbe Staff h&s stayed consistent and arc a strong group each with their own area of respoELsibility. they work well together and complement ￿ch other on their skill s¢t. Our staff men]ber who th-ds completing a level 3 apprentlieship in childcare compl¢t¢d the course. We also had a visit from O&ted and this was the fi￿t visit for this teaTn and sta so it was a real learning expericn¢¢ for th¢nL I Woul￿ agai￿ lik¢ to that￿ the staff for their (kdication and hard worL We received funding again this y￿r to take our children to CbessingtoD World of Adventures which w&s rcally popular and the chilthen enjoyed seeing the 8llin￿￿. The parents also enjoyed Ixing able to participate in the day with thier childre￿ supported by stsff. Dalgarno Neigbbourhood Trust l)as put up our rent which is of eoncern as we will ne¢d to sc¢k fimding in the future to help support us with this increase and this continues to be a concern. Every September, children Icave to go to Re¥eption Class in school and as a consequence our numbers are low but as always. we soon fill up again. This y￿9r our DumbeTS did increase alld we are hoping that we have now overcojne the few years whue we strnggled to fill Spaw* due to low birth rate in the are4 Ourhope is that tbe pre-school will coutinue to flourish and be a succcss and thereby help the cornmunity with g(xid quality childcare. The truste￿ have examined the charitys requirements for rcserv¢s in Iigbt of the risks to the orgaoistition. It has estsblished a policy whereby the unrestricted fimds not con)mitted or invested in tangible fixed assets held by the cl)arity should be b¢tw¥en six and twelve monlbs expcnditure. The reserves are needed to meet the working ¢apital requirements of the clority and the trustets are collfident that at this Icvel they wvuld be able to continue the current activities of the cl]arity in tbe evLllt of a significant drop in funding. The prcs¢nt level of unrestricted reserves available to the charity is £89,560. The strategy is to contiDue to build rescrves tknugh plBtmed operating S￿P}U￿5. The C]￿lty trustees (who are also the directors of the company for the purwscs of company law) are responsible for preparing a trustees, al￿￿al report and flllaocial statejnents in acconlatkce with applicable law and United Kingdom Accounting Standards (United Kiugdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for eath yL8r wbi¢h give a trne and fair view of the state of affairs of the charitable company of the incomiDg rcsourccs and application of resourcc including the income and expellditure, of the charity for that period. In preparing the financial statem¢nts, the tees are required to:_ select suitable accounting policies and then apply th¢m coLsistently' observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudellL state whether applicable UK accounting standards have been followeQ subject to any material departures disclosL￿ and explained ID the financ.ial State￿ents. prepare the accounts on the goiog Colliern basis un1¢8S it is iDappropriate to presume that the ¢J)arity will ¢olltiDue in busineAs. The trustees are r¢wnsible for keeping proper accouDtiDg records that disclose with re&50nable ac¢urncy at any time the financi81 position of the cb2rity and to ¢Dable them to ellsure that the fiuallcial statements comply with the Companies Act 2006. They are also re>poDsiI)le for safeguarding the assLts of the ¢barity and henc¢ tskiDg r¢asonable steps for the prev¢lltion and dete￿tiOll of fraud aud other 1￿c8￿12t1tit5. This report has been prepared in a¢¢ordanbe with the special provissons Te]ating to Companies subject to the Sn￿ll COD]panAes regime within Part 15 of the co￿panIcS Act 2006. Approved by the Tn￿ttts Date J. Chan-sing Secretary We report Oll th¢ accounts of th¢ ¢Fwitable company for the year ended 3 1st March 2024 Ivhich are set out OD pag¢s five to eleven. As the charitys InL%tecs (alld akn its dircrtors for the pury)oscs of collwy law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('th¢ 2006 Act). Having salisfied out5clves that the accou￿ of the compaoy are not Tcquired to bc audited Ullder Part 16 of the 21J)6 Act and are eligible for independent examinatio￿ we rey>rt in reSpe￿t of our examination ofyour charitys accounts a5 ￿ried out under seclioll 145 of the Cbariti ('the 2011 Acv). In carrying out our eXan)inats0￿ we have followed the directions given by the Cl￿Aty Cojnn￿sIOll under section 145(5Xb) of the 2011 Act. We have completed OUT examioatioL We CODfirni that no matters bave come to our attention in ¢ollnection with the exa[Di[￿tion giving us c&use to believe that:_ l. accounting records were not kept in respect of th¢ ¢oD]pany as required by section 386 of the 2006 A¢ or 2. tbe accowits do not accord with those r¢cor&s" or 3.the accounts do not compty with the accounting Tequirnents of section 396 of the.2006 Act oth¢r than any requirement that the accouDts give a true and fair view vthich is not a n)atter considered &$ part of an independent examinatio￿ or 4. the accowits have not becn prepared in accordance with the methods and principles of the Ststement of ReC0￿Mellded Practice for accounting and reporting by charities (applicable to clwities preparing th¢ir accoullts in acc4)rdance with the Fillan¢ial Reporting Stalldard applicable ID the UK and Republic of ITelaDd (FRS 102)). We have no concerns and have come across no other n)atters in connection with the examination to which attention should be drawn in this report ill order to ellable a proper understandiug of the accounts to be rcache¢l 29 Cromer Road Tooting Lolldon SW17 9TN STAPIEHURST & CO Cl)artered Certified Accountallts T(rtal Funds Unrcstrictcd Ycar End¢d 1st March Total Funds ye￿ Ended ?4 31stM Re4trACt 2023 Voluntary income 3.053 109,810 112.863 106,850 ALtivities for gcnetating funds 35,111 35,111 InvL-slment income 1345 1345 468 Ots incomc 3.053 147,266 150,319 Charitsble a¢tivitie8 116855 119.908 116 119 30,411 30.411 26,655 Totsl funds brought forward 12 12 39.916 89.560 129,476 Not¢s DebtnT5 Casb at bat)k and in lyand 217 io 129.476 065 1112 Re4tric.ted tncomc fimds 39.916 39.916 The trnstecs arc saliRfied that th¢ company is Cntiiled to exemption uuder 5CCtion 477(1) ofthc Compatiics Act 2(M)6 and that no mcmber or membcrs bave rwc8t¢d an audit pUrsu￿rt to scction 476 of the ACL The tn]stecs acknowledge thcir ￿￿￿￿%)b￿￿tIc5 fot C(pmplying with the requirctncDts of the Compatiies Act 2006 with ￿Sp¢ct to accvunting rccords and for the prcpatation of ￿lUDI$. The compally's atmual accounts have bccn p￿pared in aCcord0J￿e with th¢ special provisinns relatin8 to companies sUbJ￿t to the small compaDiGS regitnc within Part 15 of th¢ C.on]pani¢s Act 21M)6. Approved by the Tn￿1(%5 on and Si￿ed on its E¢hal J Chan-sing A E Chccki¢y Company Number: 1028192 Accountill8 conv¢nti The fllwicial ststements arc prepared under the hi4nrical cost conv¢Dlion in 2CCLirdall¢¢ with FRS I s￿tiOn W the Stal¢ment of Rccommended Practice 'Accounting attd Reporting by Charities" i&wed in March 2015 (sol￿ 2015A the Compatiies Act 2006. b. Funds R¢￿TILled funds arc warntely idcnlified where income ts reCe1Tr￿ for a speLific PUfPO>e. Genc fimds arc not subject to a￿Y te&#ri¢tion and are avaiiablc for the general PUryK)Si5 of thc ¢h8rAty. . Incoming ￿￿)UrCeS All itieomc is ac¢owJted for in the pcriod in which it is reLrivabl< unle4 under the tern￿ of a the income is r¢stri¢ted to a fvture ac£ountiDg period. d. Rc%ourcc5 expended All ¢xpenditure is accounted for on ao accruals basÈs and is attrib￿¢d dirL*tly to thc activities for wh5ch thc ii)St is IDe￿Te