**REGISTERED CHARITY NUMBER: 1032082** 

## Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 31 December 2022 

## for 

St Andrew's pre-school 

Amity Accountants 04 Whitchurch Parade Whitchurch Lane Edgware Middlesex HA8 6LR 



St Andrew's pre-school 

Contents of the Financial Statements for the Year Ended 31 December 2022 

||Page|
|---|---|
|Report of the Trustees|1 to 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7 to 12|
|Detailed Statement of Financial Activities|13 to 14|





St Andrew's pre-school 

Report of the Trustees for the Year Ended 31 December 2022 

The trustees present their report with the financial statements of the charity for the year ended 31 December 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** 

1. We are a community pre-school and we are allowed to cater within the ratio of the same rooms allocated for the 

use of the pre-school. 

2. We operate in the morning and part afternoon between 8.00am-6.00pm term time only. 

3. We receive 15 hours funding for some two year olds and 15/30 hours funding for 3-5 year olds. 

4. We also rely on fund raising activities. We operate under the Pre-School Learning Alliance Guidelines 

and are insured by them. 

This child care service adheres to the Ofsted Early Years Foundation Stage Framework , Policies and Procedures. 

This community pre-school supports parents/carers who wish to go back to work and need affordable child care        which is also subsidised by the Government. 

## **Public benefit** 

Trustees/committee members regard the Charity Commissions guidance on public benefit at our meetings. The focus of our activities remains for the care of young children under the guidelines and registration under the Pre-School Learning Alliance and Ofsted. 

We cater for children aged between 18 months - 5 years in compliance with the Early Years Foundation Stage Curriculum with regards to welfare, safeguarding, policies and procedure requirements while maintaining close partnerships with parents/carers. 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Charitable activities** 

1. We advertise widely and continue to gain more attention. 

2. We have more two year olds joining us. 

3. We have had a 'Good' judgement in November 2017 by Ofsted in respect of the service we provide for children. 

## **Fundraising activities** 

We had a fund raising day, sponsored work, we continue to do regular cake sales, and held fancy dress parties to support our fund raising activities 

Page 1 



St Andrew's pre-school 

## Report of the Trustees 

## for the Year Ended 31 December 2022 

## **FINANCIAL REVIEW** 

## **Reserves policy** 

We will use excess reserve to replenish resources, equipment and take the children out on trips 

## **Funds in deficit** 

None 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. 

Constitution adopted 2013 

## **Additional governance issues** 

We work closely with the Pre-School Learning Alliance and our insurance cover is with them. We adhere to all their policies and procedures and likewise all who are affiliated with the pre-school. We have implemented all the requirements of the GDPR in compliance with the 1998 Act. 

## **Charity constitution** 

Trust 

## **Recruitment and appointment of new trustees** 

Elected by parents/carers of the pre-school annually. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Registered Charity number** 

1032082 

## **Principal address** 

St Anndrew's Church Lynford Garden's Edgware HA8 8TZ 

## **Trustees** 

N Thakur Manager J Grace Treasurer L Porter Chair person C Taylor Secretary R Boulton Chair person 

Page 2 



St Andrew's pre-school 

Report of the Trustees for the Year Ended 31 December 2022 

**REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** Philip Thurairajah Amity Accountants 04 Whitchurch Parade Whitchurch Lane Edgware Middlesex HA8 6LR Approved by order of the board of trustees on ............................................. and signed on its behalf by: 

.............................................................. R Boulton - Trustee 

Page 3 



Independent Examiner's Report to the Trustees of St Andrew's pre-school 

## **Independent examiner's report to the trustees of St Andrew's pre-school** 

I report to the charity trustees on my examination of the accounts of St Andrew's pre-school (the Trust) for the year ended 31 December 2022. 

## **Responsibilities and basis of report** 

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). 

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all 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 confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do 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 to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Philip Thurairajah 

Amity Accountants 04 Whitchurch Parade Whitchurch Lane Edgware Middlesex HA8 6LR 

Date: ............................................. 

Page 4 



St Andrew's pre-school 

## Statement of Financial Activities for the Year Ended 31 December 2022 

|31.12.22<br>Unrestricted<br>fund<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>103,427<br>Other trading activities<br>2<br>22,395<br>Investment income<br>3<br>297<br>**Total**<br>126,119<br>**EXPENDITURE ON**<br>Raising funds<br>4<br>109,805<br>Other<br>516<br>**Total**<br>110,321<br>**NET INCOME/(EXPENDITURE)**<br>15,798<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>34,676<br>**TOTAL FUNDS CARRIED**<br>**FORWARD**<br>50,474|31.12.21<br>Total<br>funds<br>£<br>69,463<br>24,290<br>1,875<br>95,628<br>95,421<br>389<br>95,810<br>(182)<br>34,858<br>34,676|
|---|---|



The notes form part of these financial statements 

Page 5 



St Andrew's pre-school 

## Balance Sheet 31 December 2022 

|||31.12.22|31.12.21|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|**CURRENT ASSETS**||||
|Debtors|7|16,776|6,923|
|Cash at bank and in hand||36,518|29,165|
|||53,294|36,088|
|**CREDITORS**||||
|Amounts falling due within one year|8|(2,820)|(1,412)|
|**NET CURRENT ASSETS**||50,474|34,676|
|**TOTAL ASSETS LESS CURRENT**||||
|**LIABILITIES**||50,474|34,676|
|**NET ASSETS**||50,474|34,676|
|||||
|**FUNDS**|9|||
|Unrestricted funds||50,474|34,676|
|**TOTAL FUNDS**||50,474|34,676|



The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 

............................................. R Boulton - Trustee 

The notes form part of these financial statements 

Page 6 



St Andrew's pre-school 

Notes to the Financial Statements for the Year Ended 31 December 2022 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. 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. 

## **Taxation** 

The charity is exempt from 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. 

## **Hire purchase and leasing commitments** 

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. 

continued... 

Page 7 



St Andrew's pre-school 

Notes to the Financial Statements - continued for the Year Ended 31 December 2022 

## **1. ACCOUNTING POLICIES - continued** 

## **Pension costs and other post-retirement benefits** 

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 

## **2. OTHER TRADING ACTIVITIES** 

|Fees<br>**3.**<br>**INVESTMENT INCOME**<br>Deposit account interest<br>**4.**<br>**RAISING FUNDS**<br>**Raising donations and legacies**<br>Support costs<br>**Investment management costs**<br>Interest payable and similar charges<br>Aggregate amounts|31.12.22<br>£<br>22,395<br>31.12.22<br>£<br>297<br>31.12.22<br>£<br>107,286<br>31.12.22<br>£<br>330<br>109,805|31.12.21<br>£<br>24,290<br>31.12.21<br>£<br>1,875<br>31.12.21<br>£<br>95,421|
|---|---|---|
|||31.12.21<br>£<br>-<br>95,421|



continued... 

Page 8 



St Andrew's pre-school 

Notes to the Financial Statements - continued for the Year Ended 31 December 2022 

## **5. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021. 

## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

||Unrestricte|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|69,463|
|Other trading activities|24,290|
|Investment income|1,875|
|**Total**|95,628|
|**EXPENDITURE ON**||
|Raising funds|95,421|
|Other|389|
|**Total**|95,810|
|**NET INCOME/(EXPENDITURE)**|(182)|
|**RECONCILIATION OF FUNDS**||
|Total funds brought forward|34,858|
|**TOTAL FUNDS CARRIED**||
|**FORWARD**|34,676|



continued... 

Page 9 



St Andrew's pre-school 

## Notes to the Financial Statements - continued for the Year Ended 31 December 2022 

|**7.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Other debtors<br>**8.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Trade creditors<br>**9.**<br>**MOVEMENT IN FUNDS**<br>At 1.1.22<br>£<br>**Unrestricted funds**<br>General fund<br>34,676<br>**TOTAL FUNDS**<br>34,676<br>Net movement in funds, included in the above are as follows:<br>Incoming<br>resources<br>£<br>**Unrestricted funds**<br>General fund<br>126,119<br>**TOTAL FUNDS**<br>126,119|31.12.22<br>31.12.21<br>£<br>£<br>16,776<br>6,923<br>31.12.22<br>31.12.21<br>£<br>£<br>2,820<br>1,412<br>Net<br>movement<br>At<br>in funds<br>31.12.22<br>£<br>£<br>15,798<br>50,474<br>15,798<br>50,474<br>Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(110,321)<br>15,798<br>(110,321)<br>15,798|
|---|---|



continued... 

Page 10 



St Andrew's pre-school 

## Notes to the Financial Statements - continued for the Year Ended 31 December 2022 

## **9. MOVEMENT IN FUNDS - continued** 

## **Comparatives for movement in funds** 

|||Net||
|---|---|---|---|
|||movement|At|
||At 1.1.21|in funds|31.12.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|34,858|(182)|34,676|
|**TOTAL FUNDS**|34,858|(182)|34,676|



Comparative net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|95,628|(95,810)|(182)|
|**TOTAL FUNDS**|95,628|(95,810)|(182)|



A current year 12 months and prior year 12 months combined position is as follows: 

|||Net||
|---|---|---|---|
|||movement|At|
||At 1.1.21|in funds|31.12.22|
||£|£|£|
|**Unrestricted funds**||||
|General fund|34,858|15,616|50,474|
|**TOTAL FUNDS**|34,858|15,616|50,474|



continued... 

Page 11 



St Andrew's pre-school 

Notes to the Financial Statements - continued for the Year Ended 31 December 2022 

## **9. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>221,747<br>221,747|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(206,131)<br>15,616<br>(206,131)<br>15,616|
|---|---|---|



## **10. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31 December 2022. 

Page 12 



St Andrew's pre-school 

Detailed Statement of Financial Activities for the Year Ended 31 December 2022 

|Detailed Statement of Financial Activities<br>for the Year Ended 31 December 2022|||
|---|---|---|
||31.12.22|31.12.21|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Grants|103,427|69,463|
|**Other trading activities**|||
|Fees|22,395|24,290|
|**Investment income**|||
|Deposit account interest|297|1,875|
|**Total incoming resources**|126,119|95,628|
|**EXPENDITURE**|||
|**Investment management costs**|||
|Interest payable|330|-|
|**Other**|||
|Staff Training|516|389|
|**Support costs**|||
|**Management**|||
|Wages|74,336|68,036|
|Social security|1,259|1,079|
|Pensions|1,553|1,394|
|Rents|21,660|18,240|
|Other resources expended|2,189|1,299|
|Insurance|86|846|
|Telephone|640|640|
|Postage and stationery|3,413|1,221|
|Travel and Accommodation|532|-|
|Subscriptions|2,313|1,526|
|Carried forward|107,981|94,281|



This page does not form part of the statutory financial statements 

Page 13 



St Andrew's pre-school 

Detailed Statement of Financial Activities for the Year Ended 31 December 2022 

|Detailed Statement of Financial Activities<br>for the Year Ended 31 December 2022|||
|---|---|---|
||31.12.22|31.12.21|
||£|£|
|**Management**|||
|Brought forward|107,981|94,281|
|Cleaning|22|-|
||108,003|94,281|
|**Information technology**|||
|Repairs and renewals|367|35|
|**Other 3**|||
|Sundries|-|25|
|**Governance costs**|||
|Accountancy fees|1,105|1,080|
|Total resources expended|110,321|95,810|
|**Net income/(expenditure)**|15,798|(182)|



This page does not form part of the statutory financial statements 

Page 14