**REGISTERED COMPANY NUMBER: 08204886 (England and Wales) REGISTERED CHARITY NUMBER: 1031512**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022**
## **FOR**
## **LEWIN PRE-SCHOOL LIMITED**
Halsey & Co (Accountants) Ltd. Chartered Certified Accountants Registered Auditors 2 Villiers Court 40 Upper Mulgrave Road Cheam Surrey SM2 7AJ
**LEWIN PRE-SCHOOL LIMITED**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**|5|to|6|
|**Notes to the Financial Statements**|7|to|11|
**LEWIN PRE-SCHOOL LIMITED (REGISTERED NUMBER: 08204886)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objects of the charity are to enhance the development and education of under statutory school-age children in a community based group, involve parents in their children's education, provide a safe, secure and stimulating environment and to provide equality of opportunity for all children and families.
## **Public benefit**
The charity has been set up to offer a specially tailored curriculum leading to approved learning outcomes. Individual care and attention is made possible by the high ratio of adults to children and fun and friendship with children and other adults is encouraged. It offers support for a personal key worker and opportunities for parents/carers and their family to be directly involved in the activities of the group and in their own child’s progress.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The charity continued to deliver on its objectives during the year and overall, the financial position set out in the financial statements was satisfactory.
## **FINANCIAL REVIEW**
## **Financial position**
The financial position of the Charity at the year end was satisfactory and in line with previous years.
## **Principal funding sources**
The charity receives the bulk of its incoming resources from grants from regional and government bodies, however this is supplemented by fundraising and donations.
## **Reserves policy**
It is the policy of the Charity to ensure that income is expended upon the objects of the Charity and to ensure that reserves are maintained at a healthy enough level to cover unforeseen events and to provide a buffer should income fall unexpectedly at any point.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Recruitment and appointment of new trustees**
New Trustees generally come from recommendations by existing Trustees and if approved, are appointed at the next Trustees meeting.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
08204886 (England and Wales)
## **Registered Charity number**
1031512
## **Registered office**
11a Natal Road Streatham London SW16 6JA
Page 1
## **LEWIN PRE-SCHOOL LIMITED (REGISTERED NUMBER: 08204886)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022**
## **Trustees**
Mrs V E Sharp Retired R P Smith Ms J Hutton Ms A E S Richardson
## **Company Secretary**
R P Smith
## **Independent Examiner**
Halsey & Co (Accountants) Ltd. Chartered Certified Accountants Registered Auditors 2 Villiers Court 40 Upper Mulgrave Road Cheam Surrey SM2 7AJ
Approved by order of the board of trustees on 15th December 2022 and signed on its behalf by:
Mrs V E Sharp - Trustee
Page 2
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEWIN PRE-SCHOOL LIMITED**
## **Independent examiner's report to the trustees of Lewin Pre-school Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (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.
R J Halsey BSc (Hons) FCCA. Association Chartered Certified Accountants Halsey & Co (Accountants) Ltd. Chartered Certified Accountants Registered Auditors 2 Villiers Court 40 Upper Mulgrave Road Cheam Surrey SM2 7AJ
Date: .............................................
Page 3
## **LEWIN PRE-SCHOOL LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
126,447
**Charitable activities**
School Activities
(52)
Other trading activities
3
779
Other income
-
**Total**
127,174
**EXPENDITURE ON**
**Charitable activities**
School Activities
123,940
**NET INCOME**
3,234
**RECONCILIATION OF FUNDS**
Total funds brought forward
98,193
**TOTAL FUNDS CARRIED FORWARD**
101,427|Restricted
fund
£
-
-
-
-
-
-
-
2,080
2,080|31.3.22
Total
funds
£
126,447
(52)
779
-
127,174
123,940
3,234
100,273
103,507|31.3.21
Total
funds
£
131,713
(21)
358
25,645
157,695
137,850
19,845
80,428
100,273|
|---|---|---|---|
The notes form part of these financial statements
Page 4
## **LEWIN PRE-SCHOOL LIMITED (REGISTERED NUMBER: 08204886)**
## **BALANCE SHEET 31ST MARCH 2022**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
8
442
**CURRENT ASSETS**
Debtors
9
227
Cash at bank and in hand
103,632
103,859
**CREDITORS**
Amounts falling due within one year
10
(2,874)
**NET CURRENT ASSETS**
100,985
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
101,427
**NET ASSETS**
101,427
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
fund
£
-
-
2,080
2,080
-
2,080
2,080
2,080|31.3.22
Total
funds
£
442
227
105,712
105,939
(2,874)
103,065
103,507
103,507
101,427
2,080
103,507|31.3.21
Total
funds
£
250
1,470
103,809
105,279
(5,256)
100,023
100,273
100,273
98,193
2,080
100,273|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.
## The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
## **LEWIN PRE-SCHOOL LIMITED (REGISTERED NUMBER: 08204886)**
## **BALANCE SHEET - continued 31ST MARCH 2022**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 15th December 2022 and were signed on its behalf by:
V E Sharp - Trustee
R P Smith - Trustee
The notes form part of these financial statements
Page 6
**LEWIN PRE-SCHOOL LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - at varying rates on cost Computer equipment - at varying rates on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. DONATIONS AND LEGACIES**
|Nursery Education Grant
Local Authority grant
Fees
Donated services and facilities
Grants received, included in the above, are as follows:
Other grants|31.3.22
£
100,925
11,672
13,644
206
126,447
31.3.22
£
100,925|31.3.21
£
105,801
12,800
13,049
63|
|---|---|---|
|||131,713|
|||31.3.21
£
105,801|
continued...
Page 7
**LEWIN PRE-SCHOOL LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **3. OTHER TRADING ACTIVITIES**
## **4.**
|**OTHER TRADING ACTIVITIES**|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|Fundraisers|779|358|
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||31.3.22|31.3.21|
||£|£|
|Depreciation - owned assets|397|346|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2021.
## **Trustees' expenses**
There were no expenses reimbursed to Trustees during the period.
## **6. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Staff
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
131,713
**Charitable activities**
School Activities
(21)
Other trading activities
358
Other income
25,645
**Total**
157,695
**EXPENDITURE ON**
**Charitable activities**
School Activities
137,850
**NET INCOME**
19,845|31.3.22
5
Restricted
fund
£
-
-
-
-
-
-
-|31.3.21
7
Total
funds
£
131,713
(21)
358
25,645
157,695
137,850
19,845|
|---|---|---|
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
continued...
Page 8
**LEWIN PRE-SCHOOL LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
|**7.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||fund|fund|funds|
|||£|£|£|
||**RECONCILIATION OF FUNDS**||||
||Total funds brought forward|78,348|2,080|80,428|
||**TOTAL FUNDS CARRIED FORWARD**|98,193|2,080|100,273|
|**8.**|**TANGIBLE FIXED ASSETS**||||
|||Plant and|Computer||
|||machinery|equipment|Totals|
|||£|£|£|
||**COST**||||
||At 1st April 2021|9,414|22,455|31,869|
||Additions|-|589|589|
||At 31st March 2022|9,414|23,044|32,458|
||**DEPRECIATION**||||
||At 1st April 2021|9,414|22,205|31,619|
||Charge for year|-|397|397|
||At 31st March 2022|9,414|22,602|32,016|
||**NET BOOK VALUE**||||
||At 31st March 2022|-|442|442|
||At 31st March 2021|-|250|250|
|**9.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||31.3.22|31.3.21|
||||£|£|
||Prepayments||227|1,470|
continued...
Page 9
**LEWIN PRE-SCHOOL LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Social security and other taxes
Other creditors
Accrued expenses
**11.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Local Authority Grants
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Local Authority Grants
**TOTAL FUNDS**|At 1/4/21
£
98,193
2,080
100,273
Incoming
resources
£
127,174
127,174
At 1/4/20
£
78,348
2,080
80,428|31.3.22
31.3.21
£
£
110
110
88
2,938
2,676
2,208
2,874
5,256
Net
movement
At
in funds
31/3/22
£
£
3,234
101,427
-
2,080
3,234
103,507
Resources
Movement
expended
in funds
£
£
(123,940)
3,234
(123,940)
3,234
Net
movement
At
in funds
31/3/21
£
£
19,845
98,193
-
2,080
19,845
100,273|
|---|---|---|
continued...
Page 10
**LEWIN PRE-SCHOOL LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **11. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|Incoming
resources
£
**Unrestricted funds**
General fund
157,695
**TOTAL FUNDS**
157,695
A current year 12 months and prior year 12 months combined position is as follows:
At 1/4/20
£
**Unrestricted funds**
General fund
78,348
**Restricted funds**
Local Authority Grants
2,080
**TOTAL FUNDS**
80,428|Resources
Movement
expended
in funds
£
£
(137,850)
19,845
(137,850)
19,845
Net
movement
At
in funds
31/3/22
£
£
23,079
101,427
-
2,080
23,079
103,507|
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
284,869
284,869|Resources
Movement
expended
in funds
£
£
(261,790)
23,079
(261,790)
23,079|
|---|---|---|
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st March 2022.
Page 11