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 the year ended 31 August 2022. Responslbilitles and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe Acl'l. I report in respect of my examination of the Trust's accounts Garried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{51(bl of the Act. Indepondent examinèr's statement I have completed my examination. l ¢onfirm that there are material mallers that have come lo rny attention in conne¢lion with the examination which giv8s mè cause to believe that.. the accounting records kept in respect of the Trust wére not as required by section 130 ofthe Act.. bul 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 Ih05e records. the accounts did not comply with the applicable requirements concerning the form 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 a matter considered as part of an independent examination. I have no concerns and have come across no Other matters in connection with the examination lo which attention should be drawn in this report in order to enable a propèr understanding of the accounts to be reached. Signed: Name: CAROL A CHEESMAN Relevant professional quallflcatlon or membershlp of professlonal bodies lif 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 2022
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 H Gorrod D Wallbank
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 2022
| Turnover Nursery Education Grant and Fees Fundraising 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 (loss)/profit Investment revenues Bank interest received (Loss)/profit before taxation |
2022 £ £ 112,622 1,856 114,478 79,416 (802) 501 1,059 1,135 5,154 15,189 1,317 495 206 1,814 227 1,880 1,001 4,691 798 1,546 3,288 216 (119,131) (4,653) 13 13 4.05% (4,640) |
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 |
|---|---|---|
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CHIDDINGFOLD VILLAGE NURSERY SCHOOL
BALANCE SHEET
AS AT 31 AUGUST 2022
| 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 |
2022 £ 995 62,002 62,997 (5,388) |
£ 563 57,609 58,172 22,966 35,206 58,172 |
2021 £ 1,970 65,938 67,908 (5,371) |
£ 275 62,537 |
|---|---|---|---|---|
| 62,812 | ||||
| 22,966 39,846 |
||||
| 62,812 |
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CHIDDINGFOLD VILLAGE NURSERY SCHOOL
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2022
In accordance with the engagement letter, 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 2022
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 2021 Additions At 31 August 2022 Depreciation and impairment At 1 September 2021 Depreciation charged in the year At 31 August 2022 Carrying amount At 31 August 2022 At 31 August 2021 Capital account Opening balance (Loss)/profit Closing balance |
Plant and machinery etc £ 400 504 904 125 216 341 563 275 2022 2021 £ £ 39,846 28,660 (4,640) 11,186 35,206 39,846 |
|---|---|
3 Capital account
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