## _**Trustees Report August 2020**_
## _**What has happened over the last year?**_
We have had a very strange and difficult year. The academic year started with a good number of children which we had been able to accommodate with just two members of staff, meaning we were profitable from the first day – normally our income from the previous summer term covers any shortfall from the autumn term but this was not the case. Numbers steadily increased and the new staffing situation worked well.
December 2019 we signed up to the Curiosity Approach - the ethos is about using a child's
natural **curiosity** to go back to basics with the use of wooden resources, ordinary household items and bric-a-brac. We have moved away from the bright, plastic toys and displays and are much more child focused, with In The Moment Planning being used to develop the child’s interests.
Then in March 2020 we had to close due to the Covid-19 virus. We were able to ensure that any children of key workers found alternative childcare (initially just one child) and supported the other children and families with activity packs and resources delivered to their homes or at the allotment in a covid safe delivery. As being outdoors was a safer option, we developed areas on the allotment for families to use individually, providing cleaning materials for between each visit.
We were very glad to be back at preschool before the summer holidays, doing most of our activities outdoors but following all the government guidance. Only one child didn’t return due to Covid.
Essential training has been completed and we are awaiting certification of a Level 3 for a current staff member.
Due to covid we have put all fundraising for the Rotunda on hold as most grants appear to be Covid recovery related.
The staff and committee are looking forward to another successful year for the Preschool, working towards the Curiosity Approach accreditation and hoping for very few interruptions due to Covid.
## _**Sarah Heyes**_
## _**Manager/Director**_
Company registered number 07035353 Registered charity number 1030965
Buxworth Pre-School
Report and Accounts
31 August 2020
## **Buxworth Pre-School Statement of Trustees' Responsibilities**
The Trustees are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the Trustees to prepare accounts for each financial year. Under that law the Trustees have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law Trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the accountson the going concern basis unless it is inappropriate to presume that the company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
1
## **Buxworth Pre-School**
## **Independent examiner's report to the Trusteess of Buxworth Pre-School**
## **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 section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is nedded.
It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions give by the Charity Commission (under section 145(5)(b) of the Charities Act), and - to state whether particular matters have come to my attention.
## **Basis of independent examiner's stetement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes the consideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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**
Hayley Pell HLP Accounting 39 Beresford Road Chapel-en-le-Frith High Peak SK23 0NY
28 May 2021
2
## **Buxworth Pre-School Statement of Financial Activities for the year ended 31 August 2020**
|**Notes**
Charitable activities
Charitable activities
Governance costs
2
**Funds at 31 August 2020**
**Incoming resources**
**Resources expended**
**Total resources expended**
**Net incoming/(outgoing) resources**
**Net movement in funds**
Funds at 31 August 2019|**_Unrestricte_**
**_d funds_**
**2020**
**£**
50,118
46,502
235
46,737
3,381
3,381
5,265
8,646|**_Unrestricte_**
**_d funds_**
**2019**
**£**
54,889
41,107
550
41,657
13,232
3,073
2,192
5,265|
|---|---|---|
3
## **Buxworth Pre-School Registered number: Balance Sheet as at 31 August 2020**
## 07035353
|**Notes**
**Fixed assets**
Intangible assets
3
Tangible assets
Investments
**Current assets**
Debtors
4
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
5
**Net current assets**
**Net assets**
**Reserves**
Unrestricted funds
6|**2020**
**£**
**_unrestricted funds_**
190
-
-
190
892
23,684
24,575
(8,628)
15,948
16,138
8,646
8,646|**2019**
**£**
**_unrestricted funds_**
339
-
-
339
922
19,809
20,731
(8,413)
12,318
12,657
5,265
5,265|
|---|---|---|
The trustees are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Sarah Hayes Trustee Approved by the board on 28th May 2021
4
**Buxworth Pre-School Notes to the Accounts for the year ended 31 August 2020**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008)
## _**Fund accounting**_
Unrestricted funds are avaliable for use at the discretion of the Trustees in furtherance of the general objectives of the charity.
## _**Incomeing resources**_
- Incomeing resources are included in the Statement of Financial Activities (SoFA) when: - the charity becomes entitled to the resources - the Trustees are virtually certain they will receive resources; and
- the monetary value can be measured with sufficient reliability.
Incoming resources from charitable trading activity are accounted for when earned.
Investment income is included when receivable
## _**Resources expanded**_
Expenditure is recognised on an accruals basis when a liability is incurred.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for the beneficiaries. It includes both the direct costs and support costs relating to such activities.
Governance costs include those costs associated with the constitutional and statutory requirements of the charity and include its fees and costs linked to the strtegic management of the charity.
|**2**|**Operating profit**|**2020**|**2019**|
|---|---|---|---|
|||**£**|**£**|
||This is stated after charging:|||
||Depreciation of owned fixed assets|64|85|
|**2**
**Operating profit**
**2020**
**2019**
**£**
**£**
This is stated after charging:
Depreciation of owned fixed assets
64
85|**2**
**Operating profit**
**2020**
**2019**
**£**
**£**
This is stated after charging:
Depreciation of owned fixed assets
64
85|**2**
**Operating profit**
**2020**
**2019**
**£**
**£**
This is stated after charging:
Depreciation of owned fixed assets
64
85|**2**
**Operating profit**
**2020**
**2019**
**£**
**£**
This is stated after charging:
Depreciation of owned fixed assets
64
85|
|---|---|---|---|
||**Tangible fixed assets**
**Cost**
At 31 August 2019
Additions
Disposals
At 31 August 2020||**Plant and**
**machinery**
**etc**
**£**
1,067
-
-
1,067|
## **3 Tangible fixed assets**
6
|**Amortisation**
At 31 August 2019
Provided during the year
On disposals
At 31 August 2020
**Net book value**
At 31 August 2020
At 31 August 2019
**4**
**Debtors**
Trade debtors
**5**
**Creditors: amounts falling due within one year**
Other creditors
**6**
**Movement in unrestricted funds**
At 31 August 2019
Profit for the year
At 31 August 2020|**2020**
**£**
891
**2020**
**£**
8,628
**2020**
**£**
5,265
3,381
8,646|728
64
-
792
275
339
**2019**
**£**
922
**2019**
**£**
8,413|
|---|---|---|
5
## **Buxworth Pre-School Detailed profit and loss account for the year ended 31 August 2020**
|**Sales**
Sales
**Charitable activities**
Employee costs:
Wages and salaries
Pensions
Staff training and welfare
Motor expenses
Entertaining
Premises costs:
Rent
Cleaning
General administrative expenses:
Food
Books & resources
Children's toys
Children's activities
Children's photos
Fund raising activities
Local Projects
Telephone and fax
Postage
Stationery and printing
Courier services
Information and publications
Subscriptions
Bank charges
Insurance
Equipment expensed
Equipment hire
Software
Repairs and maintenance
Depreciation
Amortisation of goodwill
Bad debts
Sundry expenses
Governance costs
Accountancy fees
Other legal and professional|**2020**
**£**
50,118
33,156
867
1,968
306
88
36,385
2,700
241
2,941
1,629
-
773
1,859
-
181
41
94
23
151
-
-
-
-
690
80
-
72
732
64
-
-
788
7,175
46,502
235
-
-
235
46,737|**2019**
**£**
37,019
32,945
431
501
444
266
34,586
2,400
67
2,467
1,473
-
1,204
1,906
-
183
2,018
99
8
189
-
153
-
-
681
14
-
-
111
85
-
937
733
4,054
41,107
550
-
550
41,657|
|---|---|---|
7
Company registered number 07035353 Registered charity number 1030965
Buxworth Pre-School
Report and Accounts
31 August 2020
## **Buxworth Pre-School Statement of Trustees' Responsibilities**
The Trustees are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the Trustees to prepare accounts for each financial year. Under that law the Trustees have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law Trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the accountson the going concern basis unless it is inappropriate to presume that the company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
1
## **Buxworth Pre-School**
## **Independent examiner's report to the Trusteess of Buxworth Pre-School**
## **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 section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is nedded.
It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions give by the Charity Commission (under section 145(5)(b) of the Charities Act), and - to state whether particular matters have come to my attention.
## **Basis of independent examiner's stetement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes the consideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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**
Hayley Pell HLP Accounting 39 Beresford Road Chapel-en-le-Frith High Peak SK23 0NY
28 May 2021
2
## **Buxworth Pre-School Statement of Financial Activities for the year ended 31 August 2020**
|**Notes**
Charitable activities
Charitable activities
Governance costs
2
**Funds at 31 August 2020**
**Incoming resources**
**Resources expended**
**Total resources expended**
**Net incoming/(outgoing) resources**
**Net movement in funds**
Funds at 31 August 2019|**_Unrestricte_**
**_d funds_**
**2020**
**£**
50,118
46,502
235
46,737
3,381
3,381
5,265
8,646|**_Unrestricte_**
**_d funds_**
**2019**
**£**
54,889
41,107
550
41,657
13,232
3,073
2,192
5,265|
|---|---|---|
3
## **Buxworth Pre-School Registered number: Balance Sheet as at 31 August 2020**
## 07035353
|**Notes**
**Fixed assets**
Intangible assets
3
Tangible assets
Investments
**Current assets**
Debtors
4
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
5
**Net current assets**
**Net assets**
**Reserves**
Unrestricted funds
6|**2020**
**£**
**_unrestricted funds_**
190
-
-
190
892
23,684
24,575
(8,628)
15,948
16,138
8,646
8,646|**2019**
**£**
**_unrestricted funds_**
339
-
-
339
922
19,809
20,731
(8,413)
12,318
12,657
5,265
5,265|
|---|---|---|
The trustees are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Sarah Hayes Trustee Approved by the board on 28th May 2021
4
**Buxworth Pre-School Notes to the Accounts for the year ended 31 August 2020**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008)
## _**Fund accounting**_
Unrestricted funds are avaliable for use at the discretion of the Trustees in furtherance of the general objectives of the charity.
## _**Incomeing resources**_
- Incomeing resources are included in the Statement of Financial Activities (SoFA) when: - the charity becomes entitled to the resources - the Trustees are virtually certain they will receive resources; and
- the monetary value can be measured with sufficient reliability.
Incoming resources from charitable trading activity are accounted for when earned.
Investment income is included when receivable
## _**Resources expanded**_
Expenditure is recognised on an accruals basis when a liability is incurred.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for the beneficiaries. It includes both the direct costs and support costs relating to such activities.
Governance costs include those costs associated with the constitutional and statutory requirements of the charity and include its fees and costs linked to the strtegic management of the charity.
|**2**|**Operating profit**|**2020**|**2019**|
|---|---|---|---|
|||**£**|**£**|
||This is stated after charging:|||
||Depreciation of owned fixed assets|64|85|
|**2**
**Operating profit**
**2020**
**2019**
**£**
**£**
This is stated after charging:
Depreciation of owned fixed assets
64
85|**2**
**Operating profit**
**2020**
**2019**
**£**
**£**
This is stated after charging:
Depreciation of owned fixed assets
64
85|**2**
**Operating profit**
**2020**
**2019**
**£**
**£**
This is stated after charging:
Depreciation of owned fixed assets
64
85|**2**
**Operating profit**
**2020**
**2019**
**£**
**£**
This is stated after charging:
Depreciation of owned fixed assets
64
85|
|---|---|---|---|
||**Tangible fixed assets**
**Cost**
At 31 August 2019
Additions
Disposals
At 31 August 2020||**Plant and**
**machinery**
**etc**
**£**
1,067
-
-
1,067|
## **3 Tangible fixed assets**
6
|**Amortisation**
At 31 August 2019
Provided during the year
On disposals
At 31 August 2020
**Net book value**
At 31 August 2020
At 31 August 2019
**4**
**Debtors**
Trade debtors
**5**
**Creditors: amounts falling due within one year**
Other creditors
**6**
**Movement in unrestricted funds**
At 31 August 2019
Profit for the year
At 31 August 2020|**2020**
**£**
891
**2020**
**£**
8,628
**2020**
**£**
5,265
3,381
8,646|728
64
-
792
275
339
**2019**
**£**
922
**2019**
**£**
8,413|
|---|---|---|
5
## **Buxworth Pre-School Detailed profit and loss account for the year ended 31 August 2020**
|**Sales**
Sales
**Charitable activities**
Employee costs:
Wages and salaries
Pensions
Staff training and welfare
Motor expenses
Entertaining
Premises costs:
Rent
Cleaning
General administrative expenses:
Food
Books & resources
Children's toys
Children's activities
Children's photos
Fund raising activities
Local Projects
Telephone and fax
Postage
Stationery and printing
Courier services
Information and publications
Subscriptions
Bank charges
Insurance
Equipment expensed
Equipment hire
Software
Repairs and maintenance
Depreciation
Amortisation of goodwill
Bad debts
Sundry expenses
Governance costs
Accountancy fees
Other legal and professional|**2020**
**£**
50,118
33,156
867
1,968
306
88
36,385
2,700
241
2,941
1,629
-
773
1,859
-
181
41
94
23
151
-
-
-
-
690
80
-
72
732
64
-
-
788
7,175
46,502
235
-
-
235
46,737|**2019**
**£**
37,019
32,945
431
501
444
266
34,586
2,400
67
2,467
1,473
-
1,204
1,906
-
183
2,018
99
8
189
-
153
-
-
681
14
-
-
111
85
-
937
733
4,054
41,107
550
-
550
41,657|
|---|---|---|
7