**Charity registration number 1032239**
## **LOWER WILLINGDON PRE-SCHOOL NURSERY**
# **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **LOWER WILLINGDON PRE-SCHOOL NURSERY**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|Mrs Deborah Broady||
|---|---|---|
||Mrs S Hammond||
||Ms H Miller-Cook||
||Ms D Field||
||Ms K Adams||
||Mrs J Jones||
||Ms L Doughty-Lee||
||Ms G Game||
||Mrs A E Francis|(Appointed 18 November|
|||2021)|
||Miss E Sewell|(Appointed 18 November|
|||2021)|
||Mrs H Elmer|(Appointed 18 November|
|||2021)|
||N M H Gordon|(Appointed 18 December|
|||2021)|
|**Charity number**|1032239||
|**Principal address**|c/o Willingdon County Primary School||
||Rapsons Road||
||Eastbourne||
||East Sussex||
||BN20 9RJ||
|**Independent examiner**|Alastair Towler BFP ACA DChA||
||18 Hyde Gardens||
||Eastbourne||
||East Sussex||
||BN21 4PT||
## **LOWER WILLINGDON PRE-SCHOOL NURSERY**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Independent examiner's report|4|
|Receipts and Payments Account|5|
|Statement of Assets and Liabilities|6|
## **LOWER WILLINGDON PRE-SCHOOL NURSERY**
## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
The trustees present their report and accounts for the year ended 31st August 2022.
The accounts have been prepared in accordance with the Charities Act 2011 on the Receipts and Payments basis and comply with the charity’s constitution.
## **Structure, Governance and Management.**
The charity is governed by a constitution dated 22 September 1993 and laid down by the Pre-School Learning Association (PLA). The constitution and policies are reviewed each year and, if need be, amended and reapproved at the Annual General Meeting (AGM).
The trustees who served during the year were:
Debbie Broady (Chair) Joanne Jones Sonya Hammond Victoria Portwin Sarah Marshall-Hill (Resigned 31/08/2022) Nicola Ward Gemma Game Hayley Miller-Cook Danielle Field Louise Doughty-Lee Kay Adams Alice Francis (Appointed 18/11/2021) Emma Sewell (Appointed 18/11/2021) Hannah Elmer (Appointed 18/11/2021) Natascha Gordon (Appointed 18/11/2021)
Each year new trustees can be nominated for service for a period of one year. These nominations are made before the AGM, with a maximum of 12 (excluding the 4 designated posts). If too many nominations are received, then the trustees are selected by a vote at the AGM, in accordance with the PLA and policy documents of the Pre-School.
The Pre-School nursery is affiliated to Willingdon CP School and operates from a shared site with the school.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. The Pre-School follows the advice set out by the Charity Commission with regard to safeguarding its cash and bank accounts against fraud and these procedures are set out in the charity's finance policy.
## **Objectives and Activities.**
The trustees have paid due regard to public benefit guidance issued by the Charity Commission in deciding what activities the charity should undertake.
The charity’s objects are defined by the policy documents and are to provide care and education for children aged 2-8 in the form of pre-school, breakfast club, lunch club and after school club.
## **Achievements and Performance.**
We are very much a Pre-School and it is our main aim is to prepare the children for school. We also run a small group for toddlers, babies and mothers and this group provides a good stepping stone into Pre-School.
- 1 -
## **LOWER WILLINGDON PRE-SCHOOL NURSERY**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
The pre-school has had a much more positive and ‘normal’ year this year which has been a great relief since the pandemic. Virtually all of the staff and children returned to the setting for their usual working hours and although bubbles needed to be reintroduced for relatively short periods of time at BC and ASC when Covid19 cases rose in the school during the winter months, it did not result in any of the setting having to close its service.
This year Lisa Pack (Deputy Manager – SENCO) left to go on her maternity leave and we were delighted to hear that she had her baby girl at the end of the summer term. Both Lisa and her daughter are doing really well and we look forward to Lisa returning at some point during the next academic year.
The pre-school continues to work very closely with the school and although Covid delayed the transition visits, which would normally start in January, to Easter this year, the older children still managed to have weekly opportunities to go over to the school. Their visits were limited to outside during term 5 but it was great to be both inside and out in term 6. As always, it was a valuable experience for the children to experience the school activities and become accustomed to the routines in the school. This gave all the children, regardless of whether or not they were going to Willingdon Primary School, the chance to familiarise themselves with expectations of being at 'big school'.
Further details of the charity's achievements are contained within the minutes of the AGM, a copy of which is sent to the Charity Commission each year along with the charity's annual return.
## **Financial Review**
Overall, income in the year was up on last year as a result of an increase in the number of children attending and being open for the full year. Expenditure increased compared to last year in line with being open again for the full year this year.
This year has seen only running repairs and maintenance undertaken. Staff costs remain our largest cost. The overall result for this year was a surplus of £837.
The Pre-School holds reserves on deposit in the form of a contingency fund. This fund must hold enough funds to enable the charity to continue on another site in the event that there is damage to the main building which would prevent it operating there. The fund must also hold sufficient funds to make redundancy payments to the staff members in the event that the Pre-School was forced to close permanently. The Contingency Fund currently stands at £55,000 which equates to just over 3 months general running costs. Reserves are currently within the Committee’s requirement of 3 to 6 months running costs.
- 2 -
## **LOWER WILLINGDON PRE-SCHOOL NURSERY**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
The trustees believe that there are no material uncertainties regarding the charity’s ability to continue as a going concern.
Approved on behalf of the Board of Trustees
**Debbie Broady (Chair)** Trustee
Dated: 24 November 2022
- 3 -
## **LOWER WILLINGDON PRE-SCHOOL NURSERY**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF LOWER WILLINGDON PRE-SCHOOL NURSERY**
I report to the trustees on my examination of the accounts of Lower Willingdon Pre-School Nursery (the charity) for the year ended 31 August 2022.
## **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 the charity’s accounts 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 2011 Act.
My examination was carried out in accordance with the 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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as 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 financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
## **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 that in any material respect:
1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or 2 the accounts do not accord with those records.
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.
Alastair Towler BFP ACA DChA
18 Hyde Gardens Eastbourne East Sussex BN21 4PT
Dated: .........................
- 4 -
## **LOWER WILLINGDON PRE-SCHOOL NURSERY RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022**
|**Incoming Receipts**
Breakfast Club
After School Club
**Fund Raising**
Sports Day
Hats, T-Shirts and Book sales
Photographs
Trips and Christmas party
Christmas and Summer Fairs
Music in the Park
Miscellaneous
**Other Receipts**
Bank interest received
Mother and Toddlers’ group
Government and other grants
Nursery subscriptions and fees
Donations and Gift Aid
**Total Incoming Receipts**
**Outgoing Payments:**
Classroom activities
Mother and Toddlers
Insurance
Cleaning
Gifts, Parties and Outings
Milk, Tea, Coffee and water
Miscellaneous
Printing, Postage, Stationery and Advertising
Hire of Hall, stalls and rent
Telephone and internet
Toys, books and equipment
Training
Staff wages and pensions
Light, heat and water
Garden Project (Fixed assets)
Fixtures and fitting additions
Cost of Hats, T-shirts and books sold
Repairs and maintenance, building expenses
Computer costs
Independent Examination
Legal Fees
Staff Uniforms
After school & breakfast club expense
Bank charges
Christmas fair expenses
**Total Payments**
**Excess of Payments over Receipts**
Bank balances at 1 September 2021
**Bank balances at 31 August 2022**|**£**
**£**
33,691
37,205
192
730
648
258
1,018
415
1,372
4,633
10
613
2,250
126,214
325
129,412
204,941
2,482
364
676
2,845
436
615
2,641
1,201
133
614
999
818
181,002
2,027
-
100
611
1,082
2,662
900
-
-
1,895
1
-
204,104
**837**
58,394
**59,231**
**2022**|**£**
**£**
27,165
31,529
1,297
895
-
160
305
373
368
3,398
44
8
21,388
107,627
973
130,040
192,132
2,699
-
1,795
2,603
-
360
2,576
1,682
133
691
1,305
1,069
172,358
2,236
24,000
310
820
745
2,526
870
( 37)
-
1,699
-
-
220,440
**( 28,308)**
86,702
**58,394**
**2021**|**£**
**£**
27,165
31,529
1,297
895
-
160
305
373
368
3,398
44
8
21,388
107,627
973
130,040
192,132
2,699
-
1,795
2,603
-
360
2,576
1,682
133
691
1,305
1,069
172,358
2,236
24,000
310
820
745
2,526
870
( 37)
-
1,699
-
-
220,440
**( 28,308)**
86,702
**58,394**
**2021**|
|---|---|---|---|
||10
613
2,250
126,214
325|44
8
21,388
107,627
973||
|||||
||||192,132|
||||2,699
-
1,795
2,603
-
360
2,576
1,682
133
691
1,305
1,069
172,358
2,236
24,000
310
820
745
2,526
870
( 37)
-
1,699
-
-|
||||220,440|
||||**( 28,308)**
86,702|
||||**58,394**|
5
## **LOWER WILLINGDON PRE-SCHOOL NURSERY RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022**
|**Fixed Assets**
Leasehold Building at cost
Depreciation brought forward
Less: Depreciation in year
Equipment
**Cash and Bank Accounts**
Deposit account
Current account
Equals/Fairfx Prepaid Cards
Cash in hand
**Liabilities**
Building project re outside garden area
Independent examiner’s fees
**Net Current Assets**
**Total Assets Less Current Liabilities**
The accounts were approved by the trustees on ………
D Broady (Chairperson)
**Trustee**|**£**
**£**
135,450
( 50,639)
(4,515)
80,296
25,696
105,992
55,000
3,751
480
-
59,231
-
948
948
58,283
**164,275**
…………..........
**2022**|**£**
**£**
135,450
( 46,124)
(4,515)
84,811
25,596
110,407
55,000
2,800
594
-
58,394
-
894
894
57,500
**167,907**
**2021**|**£**
**£**
135,450
( 46,124)
(4,515)
84,811
25,596
110,407
55,000
2,800
594
-
58,394
-
894
894
57,500
**167,907**
**2021**|
|---|---|---|---|
||55,000
3,751
480
-|55,000
2,800
594
-||
||||110,407
57,500|
||59,231
-
948|58,394
-
894||
||948
…………........|894||
|||||
||||**167,907**|
|||||
## **Notes to the accounts**
1. None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. No trustees were reimbursed any expenses during the year.
2. Some of the trustees’ children attended the Nursery School during the year. The trustees paid the full standard fees for attendance.
6