Trustees Report to August 2023 Registration No. 1030965
What has happened over the last year?
Again, the academic year started with a good number of children and we have retained well qualified staff and relief staff who have worked so hard to continue offering a great provision which means we do not need to advertise as our children come from many parent recommendations and as we are Curiosity Approach accredited, have the allotments and run Forest School sessions we are a little different to surrounding settings.
In November 2022 we had our Ofsted inspection where we received a good rating. We will continue to build on this as we feel that a few hours in the setting is a difficult way to represent what we do or our hopes for the children.
We are participating in Food for Life accreditation and have links with Derbyshire Wildlife Trust to look at their initiatives to improve our provision in line with our curriculum and pedagogy.
We continue to have trips to Chatsworth Farm and Gardens, Lyme Park, Buxton Pavillion Gardens and a new find in Thornbridge Hall. We will be limited to trips in the future due to transport issues with the number of children on registration but hope to continue with our trips to Chinley Baby and Toddler group, Chinley School for our Relationship Aware programme and Whaley Bridge to visit the library or shopping for lunch after a walk down the canal.
Our committee members are happy to continue for the following year, which we very much appreciate, but look to encourage other parents to join our committee for future years.
All training continues to be up to date and aims to meet statutory requirements but also develop the skills of the staff
The staff and committee are looking forward to another successful year for the Preschool, with so many children already on the register, which we hope to build on over the academic year.
Sarah Heyes
Manager/Director
Registered number: 07035353
BUXWORTH PRE-SCHOOL FOR THE YEAR ENDED 31 AUGUST 2023
COMPANY REGISTERED NUMBER: 07035353 REGISTERED CHARITY NUMBER: 1030965
INDEPENDENT EXAMINER’S REPORT AND FINANCIAL STATEMENTS
Leathley & Co - Whaley Bridge Office 1 Market Street Whaley Bridge High Peak Derbyshire SK23 7AA
Buxworth Pre-School Contents of the Accounts For The Year Ended 31 August 2023
| Page | |
|---|---|
| Business Details | 1 |
| Approval | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Accounts | 5 |
Buxworth Pre-school Business Details For The Year Ended 31 August 2023
Proprietor Buxworth Preschool
Accountants Leathley & Co – Whaley Bridge Office AAT and IFA Member in Practice
1 Market Street
Whaley Bridge High Peak, Derbyshire
SK23 7AA
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 accounts on 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.
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 Heyes Trustee Approved by the board on 30[th] May 2024
Page 1
Buxworth Pre-school Accounts Approval Statement Directors' Report For The Year Ended 31 August 2023
Independent Examiner's Report to the trustees of Buxworth Preschool
I report to the charity trustees on my examination of the accounts of Buxworth Preschool for the year ended 31 August 2023
Responsibilities and basis of report
As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('The 2011 Act').
I report in respect of my examination of your charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material aspect:
-
accounting records were not kept in accordance with section 130 of the 2011 Act ; or
-
the accounts did not accord with those records; or
-
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; or
-
the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Page 2
Buxworth Pre-school Profit and Loss Account For The Year Ended 31 August 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| TURNOVER | |||||
| Sales | 50,591 | 45,337 | |||
| Fundraising Income | 277 | - | |||
| 50,868 | 45,337 | ||||
| GROSS SURPLUS | 50,868 | 45,337 | |||
| Administrative Expenses | |||||
| Wages and salaries | 37,976 | 34,868 | |||
| Employers pensions - defined contributions scheme | 970 | 856 | |||
| Staff training | 112 | 912 | |||
| Rent | 3,324 | 3,774 | |||
| Cleaning | - | 15 | |||
| Vehicle running costs | 110 | 191 | |||
| Repairs, renewals and maintenance | 164 | 295 | |||
| Insurance | 268 | 262 | |||
| Printing, postage and stationery | 148 | 144 | |||
| Children's toys | 200 | 275 | |||
| Children's activities | 1,044 | 655 | |||
| Children's photos | 14 | 66 | |||
| Children's lunch costs | 2,887 | 3,124 | |||
| Leavers gifts | 55 | 71 | |||
| Fundraising activities | - | 28 | |||
| Equipment | 55 | 75 | |||
| Telecommunications and data costs | 230 | 207 | |||
| Local projects / allotments | 243 | 204 | |||
| Accountancy fees | 480 | 230 | |||
| Subscriptions | 275 | 174 | |||
| Depreciation of plant and machinery | 83 | 111 | |||
| Entertaining | 222 | 437 | |||
| Sundry expenses | 5 | 30 | |||
| (48,865 ) | (47,004 | ) | |||
| OPERATING DEFICIT | 2,003 | (1,667) | |||
| Other interest receivable and similar income | |||||
| Bank interest receivable | 90 | - | |||
| 90 | - | ||||
| SURPLUS FOR THE FINANCIAL YEAR | 2,093 | (1,667 | ) |
Page 3
Buxworth Pre-school Balance Sheet For The Year Ended 31 August 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 4 | 249 | 331 | ||
| 249 | 331 | ||||
| CURRENT ASSETS | |||||
| Debtors | 5 | 3,020 | 2,478 | ||
| Cash at bank and in hand | 10,407 | 13,773 | |||
| 13,427 | 16,251 | ||||
| Creditors: Amounts Falling Due Within One Year | 6 | (4,556 ) | (9,555 ) | ||
| NET CURRENT ASSETS (LIABILITIES) | 8,871 | 6,696 | |||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 9,120 | 7,027 | |||
| NET ASSETS | 9,120 | 7,027 | |||
| Income and Expenditure Account | 9,120 | 7,027 | |||
| MEMBERS' FUNDS | 9,120 | 7,027 |
Page 4
Buxworth Pre-school Notes to the Accounts For The Year Ended 31 August 2023
1. Accounting Policy
These unaudited accounts have been completed in accordance with UK Generally Accepted Accounting Practice guidelines and provides sufficient and relevant information to enable completion of a tax return.
2. Tangible Assets
| . Tangible Assets | |
|---|---|
| Cost As at 1 September 2022 As at 31 August 2023 Depreciation As at 1 September 2022 Provided during the period As at 31 August 2023 Net Book Value As at 31 August 2023 As at 1 September 2022 |
Plant & Machinery £ 1,466 |
| 1,466 | |
| 1,135 82 |
|
| 1,217 | |
| 249 | |
| 331 |
Page 5
Registered number: 07035353
BUXWORTH PRE-SCHOOL FOR THE YEAR ENDED 31 AUGUST 2023
COMPANY REGISTERED NUMBER: 07035353 REGISTERED CHARITY NUMBER: 1030965
INDEPENDENT EXAMINER’S REPORT AND FINANCIAL STATEMENTS
Leathley & Co - Whaley Bridge Office 1 Market Street Whaley Bridge High Peak Derbyshire SK23 7AA
Buxworth Pre-School Contents of the Accounts For The Year Ended 31 August 2023
| Page | |
|---|---|
| Business Details | 1 |
| Approval | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Accounts | 5 |
Buxworth Pre-school Business Details For The Year Ended 31 August 2023
Proprietor Buxworth Preschool
Accountants Leathley & Co – Whaley Bridge Office AAT and IFA Member in Practice
1 Market Street
Whaley Bridge High Peak, Derbyshire
SK23 7AA
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 accounts on 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.
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 Heyes Trustee Approved by the board on 30[th] May 2024
Page 1
Buxworth Pre-school Accounts Approval Statement Directors' Report For The Year Ended 31 August 2023
Independent Examiner's Report to the trustees of Buxworth Preschool
I report to the charity trustees on my examination of the accounts of Buxworth Preschool for the year ended 31 August 2023
Responsibilities and basis of report
As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('The 2011 Act').
I report in respect of my examination of your charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material aspect:
-
accounting records were not kept in accordance with section 130 of the 2011 Act ; or
-
the accounts did not accord with those records; or
-
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; or
-
the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Page 2
Buxworth Pre-school Profit and Loss Account For The Year Ended 31 August 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| TURNOVER | |||||
| Sales | 50,591 | 45,337 | |||
| Fundraising Income | 277 | - | |||
| 50,868 | 45,337 | ||||
| GROSS SURPLUS | 50,868 | 45,337 | |||
| Administrative Expenses | |||||
| Wages and salaries | 37,976 | 34,868 | |||
| Employers pensions - defined contributions scheme | 970 | 856 | |||
| Staff training | 112 | 912 | |||
| Rent | 3,324 | 3,774 | |||
| Cleaning | - | 15 | |||
| Vehicle running costs | 110 | 191 | |||
| Repairs, renewals and maintenance | 164 | 295 | |||
| Insurance | 268 | 262 | |||
| Printing, postage and stationery | 148 | 144 | |||
| Children's toys | 200 | 275 | |||
| Children's activities | 1,044 | 655 | |||
| Children's photos | 14 | 66 | |||
| Children's lunch costs | 2,887 | 3,124 | |||
| Leavers gifts | 55 | 71 | |||
| Fundraising activities | - | 28 | |||
| Equipment | 55 | 75 | |||
| Telecommunications and data costs | 230 | 207 | |||
| Local projects / allotments | 243 | 204 | |||
| Accountancy fees | 480 | 230 | |||
| Subscriptions | 275 | 174 | |||
| Depreciation of plant and machinery | 83 | 111 | |||
| Entertaining | 222 | 437 | |||
| Sundry expenses | 5 | 30 | |||
| (48,865 ) | (47,004 | ) | |||
| OPERATING DEFICIT | 2,003 | (1,667) | |||
| Other interest receivable and similar income | |||||
| Bank interest receivable | 90 | - | |||
| 90 | - | ||||
| SURPLUS FOR THE FINANCIAL YEAR | 2,093 | (1,667 | ) |
Page 3
Buxworth Pre-school Balance Sheet For The Year Ended 31 August 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 4 | 249 | 331 | ||
| 249 | 331 | ||||
| CURRENT ASSETS | |||||
| Debtors | 5 | 3,020 | 2,478 | ||
| Cash at bank and in hand | 10,407 | 13,773 | |||
| 13,427 | 16,251 | ||||
| Creditors: Amounts Falling Due Within One Year | 6 | (4,556 ) | (9,555 ) | ||
| NET CURRENT ASSETS (LIABILITIES) | 8,871 | 6,696 | |||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 9,120 | 7,027 | |||
| NET ASSETS | 9,120 | 7,027 | |||
| Income and Expenditure Account | 9,120 | 7,027 | |||
| MEMBERS' FUNDS | 9,120 | 7,027 |
Page 4
Buxworth Pre-school Notes to the Accounts For The Year Ended 31 August 2023
1. Accounting Policy
These unaudited accounts have been completed in accordance with UK Generally Accepted Accounting Practice guidelines and provides sufficient and relevant information to enable completion of a tax return.
2. Tangible Assets
| . Tangible Assets | |
|---|---|
| Cost As at 1 September 2022 As at 31 August 2023 Depreciation As at 1 September 2022 Provided during the period As at 31 August 2023 Net Book Value As at 31 August 2023 As at 1 September 2022 |
Plant & Machinery £ 1,466 |
| 1,466 | |
| 1,135 82 |
|
| 1,217 | |
| 249 | |
| 331 |
Page 5