2021-08-31-accounts

Independent examiner's report to the trustees of Chiddingfold Village Nursery School I report to the Trustees on my examination of the accounts of the Chiddingfold Village Nursery School (the Trust) for Ihe year ended 31 August 2021. Responsibilities and basis of report As the Ghanly's trustees, you are responsible for the preparation of the accounls in accordance with the requirements of the Charities Act 2011 I'the Act,) I report in respect of my examination of the Trust's accounts carried out under sedion 145 of the 2011 Act 2nd in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515){b} of the Act. Independent examiner's statement I have completed my examination. I confirm that there are material matters that have come to my attention in connection with the examination which gives me Gause lo believe that.. the accounting records kept in respect of the Trust were not as required by section 130 ofthe Act", but that work has been and is now being undertaken to ensure the accounting records are adequate and up to dale., the accounts do not accord with those records. the accounts did nol comply with the applicable requirements Con￿rning the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair. view which is not matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examinalion to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Name: CAROL A CHEESMAN Relevant professional qualification or membership of professional bodles (if any): FCA Address: CHEESMANS, 4 AZTEC ROW, BERNERS ROAD, LONDON, N1 OPW Date:

CHIDDINGFOLD VILLAGE NURSERY SCHOOL

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

CHIDDINGFOLD VILLAGE NURSERY SCHOOL

BUSINESS INFORMATION

Charity Registration No	1029419
Accountants	Cheesmans
	4 Aztec Row
	Berners Road
	London
	N1 0PW
Business address	The Village Hall
	Coxcombe Lane
	Chiddingfold
	Godalming
	Surrey
	GU8 4QA
Trustees	B Moir
	A Texier	(Resigned on 28 September 2020)
	A Mason	(Resigned on 28 September 2020)
	H Gorrod	(Appointed on 28 September 2020)
	D Wallbank	(Appointed on 28 September 2020)

CHIDDINGFOLD VILLAGE NURSERY SCHOOL

CONTENTS

	Page
Profit and loss account	1
Balance sheet	2 - 3
Notes to the financial statements	4

CHIDDINGFOLD VILLAGE NURSERY SCHOOL

PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2021

Turnover Nursery Education Grant and Fees Fundraising Other operating income Government grants receivable and released Administrative expenses Wages and salaries Social security costs Casual labour Staff training Staff pension costs defined contribution Fundraising costs Hall hire Cleaning Trips and visits Legal and professional fees Accountancy Bank charges Bad and doubtful debts Insurances Post, stationary, computer and office costs Advertising Snacks and crafts costs Resources, toys and books Depreciation Operating profit Investment revenues Bank interest received Profit before taxation	2021 £ £ 120,644 2,580 123,224 - 79,512 - 138 421 1,211 3,062 12,720 1,306 395 301 1,584 83 1,973 1,017 4,799 105 1,898 1,419 100 (112,044) 11,180 6 6 9.08% 11,186	2020 £ £ 113,983 4,042 118,025 15,714 72,746 1,440 77 727 1,450 4,405 8,360 918 49 376 900 125 - 256 6,696 811 1,970 3,772 25 (105,103) 28,636 - - 24.26% 28,636

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CHIDDINGFOLD VILLAGE NURSERY SCHOOL

BALANCE SHEET

AS AT 31 AUGUST 2021

Notes Fixed assets Tangible assets 2 Current assets Debtors Cash at bank Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Fixed capital account Current account 3	2021 £ 1,970 65,938 67,908 (5,371)	£ 275 62,537 62,812 22,966 39,846 62,812	2020 £ 1,295 52,048 53,343 (2,092)	£ 375 51,251
				51,626
				22,966 28,660
				51,626

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CHIDDINGFOLD VILLAGE NURSERY SCHOOL

BALANCE SHEET (CONTINUED)

AS AT 31 AUGUST 2021

In accordance with the engagement letter dated 21 May 2020, we approve the financial statements set out on pages 1 to 4. We acknowledge our responsibility for the financial statements, including the appropriateness of the accounting basis as set out in note 1 to the financial statements, and for providing Cheesmans with all information and explanations necessary for their compilation.

The financial statements were approved and signed on 17 May 2023.

For and on behalf of the Trustees of the Chiddingfold Village Nursery School

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CHIDDINGFOLD VILLAGE NURSERY SCHOOL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021

1 Accounting policies

The principal accounting policies applied are as follows.

1.1 Accounting convention

The financial information is compiled on an agreed accounting basis that enables profits to be calculated such as to meet the requirements of Section 25 of the Income Tax (Trading and Other Income) Act 2005.

1.2 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings

25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2 Tangible fixed assets

Cost At 1 September 2020 and 31 August 2021 Depreciation and impairment At 1 September 2020 Depreciation charged in the year At 31 August 2021 Carrying amount At 31 August 2021 At 31 August 2020 Capital account Opening balance Profit Closing balance	Plant and machinery etc £ 400 25 100 125 275 375 2021 2020 £ £ 28,660 24 11,186 28,636 39,846 28,660

3 Capital account

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