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|
|---|---|---|
- 1 -
## **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|
- 2 -
## **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
- 3 -
## **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**
- 4 -