HORAM COMMUNITY PRE-SCHOOL TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 JULY 2024
Charity Registration No. 1028918
HORAM COMMUNITY PRE-SCHOOL Financial Statements for the year ended 31 July 2024 Legal and Administrative Information
Trustees:
Mrs Lydia Offen Mrs Angela Dean Mrs Alice Neal Mrs HollyJones Mrs Natalie Bishop Ms Megan Tamplin Mrs Lawdawn Richardson Ms Hayley Webb
Secretary: Charity Number: Principal address:
Mrs Alice Neal 1028918 Horam Village Hall Horam East Sussex TN21 0JE
Independent examiner:
Julie Manktelow FCCA River Mead Nursery Foords Lane Vines Cross Horam TN21 9HB
HORAM COMMUNITY PRE-SCHOOL
Contents of the Financial Statements for the Year Ended 31 July 2024
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance Sheet | 5 |
| Notes to the accounts | 6 - 8 |
HORAM COMMUNITY PRE-SCHOOL
Trustees' Report for the Year Ended 31 July 2024
The trustees present their report and accounts for the year ended 31 July 2024
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's [governing document], the Charities Act 2011 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005.
Structure, governance and management
The trustees who served during the year were:
Mrs Lydia Offen Mrs Angela Dean Mrs Alice Neal Mrs HollyJones Mrs Natalie Bishop Ms Megan Tamplin Mrs Lawdawn Richardson Ms Hayley Webb
The trustees who were appointed during the year were:
The trustees are generally appointed at each Annual General Meeting in June each year. This applies to the main posts of Chair, Treasurer and Secretary. While further appointments may be made at the time, some also occur during the year depending on the intake of pupils and the availability of parents, whom form the bulk of the committee each year.
50% of the committee is made up from this resource of new or existing pupil's parents.
Additional members may be co-opted on for their unique skills in fundraising/other areas as required.
There are no related parties or associations that operate in conjunction with the pre-school either with or without any financial interest. The school is supported by local authority funding, funding from parents for additional sessions, fund raising to provide new equipment and maintain existing facilities and some donations.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Objectives and activities
The charity's objectives are:
"TO ENCHANCE THE DEVELOPMENT AND EDUCATION OF CHILDREN UNDER STATUTORY SCHOOL AGE BY ENCOURAGING PARENTS TO UNDERSTAND AND PROVIDE THE NEEDS OF THEIR CHILDREN THROUGH COMMUNITY GROUPS". This is being achieved.
The policies adopted in the furtherance of the these objectives are: Children's rights and Entitlements, Valuing Diversity and Promoting Equality, Safeguarding Children and Child Protection, Special Educational Needs, Parental Invlovement, Working in Partnership with other agencies.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and Performance and Financial Review
After a severe loss in funds during FYE 2023, we ended 2024 only -£2,355 in the red.
This is a huge improvement from the previous year’s losses of -£24,725.
This is due to the diligence and support of staff and committee members.
With particular thanks to the staff for their hard work, patience and unending enthusiasm.
We were also able to increase staff wages, purchase new equipment and replace damaged/worn items We gained for children and were able to provide each of them with items/equipment that matched any
On behalf of the board of trustees
Mrs Lydia Offen Trustee Dated
HORAM COMMUNITY PRE-SCHOOL
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HORAM COMMUNITY PRE-SCHOOL for the Year Ended 31 July 2024
I report on the accounts of the charity for the year ended 31 July 2024, which are set out on pages 4 to 8.
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 the section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- (i) examine the accounts under section 145 of the 2011 Act;
(ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act; and
- (iii) 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 Commission. An examination include 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:
- (a) which gives me resonable cause to believe that in any material respect the requirements:
(i) to keep accounting records in accordance with section 130 of the 2011 Act; and (ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act;
have not been met; or
(b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Julie Manktelow FCCA River Mead Nursery Foord Lane Vines Cross Horam East Sussex TN21 9HB
Dated Jun-25
HORAM COMMUNITY PRE-SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT for the Year Ended 31 July 2024
| Notes Incoming resources from generated funds Donations and legacies 2 Investment Income 3 Incoming resources from charitable activities 4 Total incoming resources Resources expended Charitable activities Running Horam Community Pre-school Governance Costs Total resources expended Net income for the year/ Net movement in the funds Fund balances at 1 August 2023 Fund balances at 31 July 2024 |
Year Ended 31-Jul-24 £ 595 485 1,080 99,142 100,222 102,428 150 102,578 (2,355) 39,792 37,437 |
Year Ended 31-Jul-23 £ 675 354 |
|---|---|---|
| 1,029 51,627 |
||
| 52,656 | ||
| 77,231 | ||
| 150 | ||
| 77,381 | ||
| (24,725) 64,517 |
||
| 39,792 |
HORAM COMMUNITY PRE-SCHOOL
Balance Sheet as at 31 July 2024
| Notes Current Assets Debtors 9 Cash at bank and in hand Creditors: amounts falling due within one year 10 Total assets less current liabilities Income funds Unrestricted funds |
£ £ 0 38,254 38,254 (817) 37,437 37,437 37,437 37,437 2024 |
£ £ 190 40,346 40,536 (744) 39,792 39,792 39,792 39,792 2023 |
£ £ 190 40,346 40,536 (744) 39,792 39,792 39,792 39,792 2023 |
|---|---|---|---|
| 39,792 | |||
| 39,792 | |||
| 39,792 |
The accounts were approved by the trustees on 11th June 2025
Mrs L Offen Trustee
Mrs A Dean Trustee
HORAM COMMUNITY PRE-SCHOOL
NOTES TO THE ACCOUNTS for the year ended 31 July 2024
1 Accounting policies
1 Basis of preparation
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005 and the Charities Act 2011.
2 Donations and legacies
| Donations and gifts Investment income Interest receivable Incoming resources from charitable activities Session and registration fees |
2024 £ 595 2024 £ 485 2024 £ 99,142 |
2023 £ 675 |
|---|---|---|
| 2023 £ 354 |
||
| 2023 £ 51,627 |
3 Investment income
4 Incoming resources from charitable activities
HORAM COMMUNITY PRE-SCHOOL
NOTES TO THE ACCOUNTS (continued) for the year ended 31 July 2024
5 Total resources expended
| Staff Other Total Costs Costs 2024 £ £ £ Charitable Activities Running Horam Community Pre-School Activities undertaken directly 87,358 15,070 102,428 Governance costs 150 150 Session and registration fees 87,358 15,220 102,578 Activities undertaken directly 2024 £ Other costs relating to running Horam Community Pre-school comprise: Rent 8,027 Equipment 4,240 Insurance 988 Other 298 Provision for bad debts 0 Staff training 480 Printing, postage, and stationery 1,037 Telephone 0 15,070 |
Total 2023 £ 77,231 150 |
|---|---|
| 77,381 | |
| 2023 £ 7,360 2,505 862 829 0 185 1,093 0 |
|
| 12,834 |
6 Activities undertaken directly
7 Trustees
None of the trustees(or any person connected with them) receive any remuneration during the year.
HORAM COMMUNITY PRE-SCHOOL
NOTES TO THE ACCOUNTS (continued) for the year ended 31 July 2024
8 Employees
Number of Employees
| Employees Employment Costs Wages and salaries There were no employees whose annual remuneration was £60,000 or Debtors Taxes and social security costs Trade Debtors Creditors: amounts falling due within one year Bank overdrafts Trade creditors Taxes and social security costs Accruals |
2024 Number 7 2024 £ 87,358 more. 2024 £ 0 0 0 2024 £ 0 0 517 300 817 |
2023 Number 6 |
|---|---|---|
| 2023 £ 64,397 |
||
| 2023 £ 0 190 |
||
| 190 | ||
| 2023 £ 0 0 144 600 |
||
| 744 |