Trustees Report to August 2024 Registration No. 1030965
What has happened over the last year?
We have been very busy over the year and have had four staff for most of the week to accommodate the numbers of children. The staff child ratios have had an effect on income but have also been sustainable and income covers staff, rent and ever increasing costs of food and consumables. We have begun preparation for the 9 month old funding due in September 2025 but will still continue to only take children from 1 year old. Policies and procedures are in place.
We have completed the Food for Life accreditation which has perfectly fitted in with our policies and ethos and our links with Derbyshire Wildlife Trust has been invaluable and we have linked with 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. And our relief staff are so supportive in what they do and we hope they continue to be. They make such a difference to out provision.
We continue to update training in order to ensure the provision meets Ofsted requirements but also improve the provision year on year. The Manager is currently undertaking the NPQ to support the changes to deliver their own curriculum specific to the aims of preschool and other staff have undergone training with Derbyshire Wildlife Trust to offer ‘Nature Tots’ sessions to the local community.
We look forward to another busy year
Sarah Heyes
Manager/Director
Registered number: 07035353
BUXWORTH PRE-SCHOOL FOR THE YEAR ENDED 31 AUGUST 2024
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 2024
| 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 2024
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:
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select suitable accounting policies and then apply them consistently.
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make judgements and estimates that are reasonable and prudent.
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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 20[th] May 2025
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Buxworth Pre-school Accounts Approval Statement Directors' Report For The Year Ended 31 August 2024
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 2024
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:
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accounting records were not kept in accordance with section 130 of the 2011 Act ; or
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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.
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Buxworth Pre-school Profit and Loss Account For The Year Ended 31 August 2024
| 2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| TURNOVER | ||||
| Sales | 61,300 | 50,591 | ||
| Fundraising Income | 255 | 277 | ||
| 61,555 | 50,868 | |||
| GROSS SURPLUS | 61,555 | 50,868 | ||
| Administrative Expenses | ||||
| Wages and salaries | 41,625 | 37,976 | ||
| Employers pensions - defined contributions scheme | 1,123 | 970 | ||
| Staff training | 172 | 112 | ||
| Travel expenses | 77 | - | ||
| Rent | 3,338 | 3,324 | ||
| Cleaning | 27 | - | ||
| Vehicle running costs | 430 | 110 | ||
| Repairs, renewals and maintenance | 720 | 164 | ||
| Insurance | 288 | 268 | ||
| Printing, postage and stationery | 29 | 148 | ||
| Children's toys | 864 | 200 | ||
| Children's activities | 806 | 1,044 | ||
| Children's photos | 7 | 14 | ||
| Children's lunch costs | 2,742 | 2,887 | ||
| Leavers gifts | 20 | 55 | ||
| Equipment | 37 | 55 | ||
| Telecommunications and data costs | 228 | 230 | ||
| Local projects / allotments | 473 | 243 | ||
| Accountancy fees | 480 | 480 | ||
| Subscriptions | 882 | 275 | ||
| Depreciation of plant and machinery | 62 | 83 | ||
| Entertaining | 293 | 222 | ||
| Sundry expenses | 336 | 5 | ||
| (55,059 ) | (48,865 ) | |||
| OPERATING SURPLUS | 6,496 | 2,003 | ||
| Other interest receivable and similar income | ||||
| Bank interest receivable | - | 90 | ||
| - | 90 | |||
| SURPLUS FOR THE FINANCIAL YEAR | 6,496 | 2,093 |
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| Buxworth Pre-school | Buxworth Pre-school | ||||
|---|---|---|---|---|---|
| Balance Sheet | |||||
| As At 31 August 2024 | |||||
| 2024 | 2023 | ||||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 4 | 186 | 249 | ||
| 186 | 249 | ||||
| CURRENT ASSETS | |||||
| Debtors | 5 | 3,020 | 3,020 | ||
| Cash at bank and in hand | 16,967 | 10,407 | |||
| 19,987 | 13,427 | ||||
| Creditors: Amounts Falling Due Within One Year | 6 |
(4,557 ) | (4,556 ) | ||
| NET CURRENT ASSETS (LIABILITIES) | 15,430 | 8,871 | |||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 15,616 | 9,120 | |||
| NET ASSETS | 15,616 | 9,120 | |||
| Income and Expenditure Account | 15,616 | 9,120 | |||
| MEMBERS' FUNDS | 15,616 | 9,120 |
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Buxworth Pre-school Notes to the Accounts For The Year Ended 31 August 2024
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
| Plant & | |
|---|---|
| Machinery | |
| £ | |
| Cost | |
| As at 1 September 2023 | 1,466 |
| As at 31 August 2024 | 1,466 |
| Depreciation | |
| As at 1 September 2023 | 1,217 |
| Provided during the period | 63 |
| As at 31 August 2024 | 1,280 |
| Net Book Value | |
| As at 31 August 2024 | 186 |
| As at 1 September 2023 | 249 |
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