CENTRAL PRE-SCHOOL
Robert Le Kyng Children's Centre Building Westcott Street
Swindon
TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED
31ST AUGUST 2020
Central Pre-School Contents For the year ending 31st August 2020
| Page | |
|---|---|
| Legal and Administrative Information | 1 |
| Trustees Report | 2 |
| Independent Examiner's Report | 6 |
| Summary Income and Expenditure Account | v |
| Balance Sheet | 8 |
| NotestotheFinancialStatements | 9 |
Page 1
Central Pre-School Legal and Administrative Information For the year ending 31st August 2020
Central Pre-School is a Registered Charity and a member of Ofsted. This report applies solely under the Charity Commission's legislation.
Registered Charity Number: 1032718 Registered Ofsted Number: EY492977 Registered Office: 144 Kingshill Road Swindon SN1 4LW Trustees: Rebecca Davies — Chairperson Claire Lewis - Secretary Jai Midwinter
Bankers: HSBC Unit 6, The Lock Canal Walk Swindon Wiltshire
Accountant:
Tom Absalom AATQB 6 Otter Way Royal Wootton Bassett Swindon SN4 7SH
Page 2
Central Pre-School Trustees Report For the year ending 31st August 2020
Trustees’ Annual Report for the period
From 01/09/2019 to 31/08/2020
Charity name: CENTRAL PRE-SCHOOL
Charity registration number; 1032718
Objectives and Activities
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|reference|
|Summary|of the|purposes|of the|charity.|as|set|To. enhance the development and education of children,|
|out|.|.|Para|1.17|[primarily under statutory|school age,|from the age of 2|
|in|its governing document|years old.|
|Offering|appropriate|play,|education|and|care|facilities|
|for|children|aged|2-4|in|a|safe, secure,|and|stimulating|
|environment,|whatever|their|race,|culture,|religion,|
|means|or|ability.|
|We|offer affordable|after school|or|wrap around|care|to|
|Summary of the main activitiesa.|in relation.|to|anyy|child|attendinge|the|settinging|and|thetocalocal|prima"Y|
|those|purposes|for|the|public:|benefit,:|in|Para|1.17|school.|
|particular,|the|activities,|projects|or services|and1.19||We aim|to enhance|their development|and|education|by|
|identified|in the|accounts.|encouraging|learning,|self-confidence,|and|independence.|
|We|offer|a|varied|curriculum that supports|children’s|
|individual|needs,|encouraging them|to|meet|their own|
|unique|goals.|
|Meeting|the|needs|of any|child|with|special|educational|
|needs,|and|supporting|the|families|as|needed.|
|Statement|confirming whether the trustees|All|Trustees|have|been|advised|under guidance of public|
|have|had|regard|to the guidance|issued|by the|||Para1.18||benefit which|is to serve|families and|their children with|
|Charity Commission|on|public|benefit|access|to|Early Years|provisions.|
|All|staff and|trustees|offer|their time for|free|to|improve|
|Contribution|made|by volunteers|Para|1.38||the|setting and|to|run|fundraising|events|in|order to|raise|
|funds|for the|setting.|
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Page 3
Central Pre-Schoo} Trustees Report For the year ending 31st August 2020
Achievements and Performance
Central Pre-school tries to arrange as many fundraising activities as possible, this year we have had a Bags2School collection, Central Showcase, which was a new event and although small, it was very successful and enjoyed by all, Christmas disco, Christmas concert and a valentine's disco, We also arrange school photographs which raise a very small amount. Unfortunately, the summer events couldn’t go ahead as usual this year because of the Covid-19 pandemic. We chose to join an Education Strategy Partnership (ESP) which is made up of selected local pre-schools, primary schools, and secondary school. We work collaboratively to respond to our community's needs. As a group, we are committed to improving learning outcomes for over 3000 Summary of the main achievements of the aelomninveniaiig Ta Den? $0 Teerove tenening charity, identifying the difference the charity's : work has made to the circumstances of its Para 1.20 sy: . 5 Transition projects beneficiaries and any wider benefits to society 4 saa OHS, Leadership management Governance SEND Business Management Bespoke support This year we have been focussing on the upkeep of the building and renewing old, tired or broken resources. We are very passionate about celebrating all the different cultural festivals. We buy resources for the children to make special items to take home, and for all that attend to learn about the many different festivals celebrated by our diverse range of families. We continued to use ParentMail as our communication tool, encouraging all parents/carers to sign up and receive their letters via the app.
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Page 4
Central Pre-School
Trustees Report For the year ending 31st August 2020
Achievements and Performance (Continued)
| with another pre-school, giving all children the | |||
|---|---|---|---|
| opportunity toenjoya new lived experienceand to give | |||
| Gontwiuad | giftstootherchildren, this isespeciallyvaluabletothose less privileged children thatmay notbe able to dothis |
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| Summaryofthe mainachievements ofthe | NieAiTNSrTes.PSwelTenTOTTI | ||
| cherity, identifyingthedifferencethecharity's | Para 1.20 work has made to the circumstances of its oe * ‘ beneficiariesand anywider benefits to society as a whole. |
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| During the Covid closure staffmade regular contactwith | |||
| Wewere able to dosome ofour usual fundraising | |||
| activities butdue to Covid, we didn’t do as much as in | |||
| Performance offundraising activities against objectives set |
Para 1.41 | previous years, | |
| We were veryhappywiththe events that did take place | |||
| and have plans for biggerand better in years tocome. | |||
| Financial Review | |||
| We have managed to build a healthy reservethis year, | |||
| Review ofthe charity's financial position atthe ; end ofthe period |
Para1.21 | we have been strict with spendingand had planned to Setines spend a largesum on thegarden project inthe summer, |
|
| sadly this didn’t happen due to the Covid restrictions. | |||
| ; Statement explaining the policy for holding : reserves statingwhy they are held |
Para1.22 | Wehavea reserveoffunds inthe event oflow numbers 8 jatthestart oftheyearwhich isverycommon, Wealso $ haveareserveincaseofredundancies. |
Page 5
Central Pre-School
Trustees Report For the year ending 31st August 2020
Financial Review (Continued)
| Duetothe Covid pandemic, numbers appear to be low | |||
|---|---|---|---|
| Explanati f Ftaledias abeu'th sericeaiad 8nee®= Y nung goingconcern |
. | Para 1.23 | fortheupcoming year, however,weareconfidentthese |
| school will continue to thrive. | |||
| Our main source ofincome is from Government Early | |||
| Years Education funding. As well as thiswe charge a | |||
| consumable fee of50p per session to each child | |||
| Thecharity'sprincipalsourcesoffunds Uneludingsryfandralsing) |
Para 1.47 | attending. gli Wealsoinvoiceforanynon-funded hoursandthe |
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| breakfast and after school club, | |||
| We also hold fundraising events. | |||
| Structure, Governanceand Management | |||
| How isthe charity constituited? | Para1.25 | ||
| Trustee selection methods including details of | |||
| anyconstitutional provisions e.g. election to post or name ofany person or body entitled to |
Para 1.25 | ||
| appointone or more trustees | |||
| All trustees and committee members camplete an | |||
| Policiesandproceduresadopted forthe induction and training oftrustees |
Para 1.51 , |
enhancedvolunteers DBScheck,andan EY2form through Ofsted. Online training is provided for all trustees |
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| through PSLA. All trusteessign a confidentiality policy. | |||
| Reference and adminstrative detailsshown on | page 1 oftheaccounts | accounts | |
| ThisreportwasapprovedbytheTrusteeson | 27.9 onA ee |
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| Signedby:QVéUp Signedby:SC |
Date:eel Date:a tlaled.... |
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Central Pre-School Page 6
Independent Examiner's Report
For the year ending 31st August 2020
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Independent Examiner's Report to the Trustees of Central Pre-School
| report to the charity trustees on my examination of the accounts of the company for the year ended 31 August 2020
which are set out on pages 7 - 10.
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Responsibilities and basis of report
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As the charity 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, | report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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e accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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¢ 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
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— 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).
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i have no concerns and have come across no other matters in connection with the examination ta 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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)
Signed ThaDelay...
(Tom Absatom, Audit and Accounts Assistant)
Date: [5] “a ee
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Page7
The Central Pre-School Summary Income and Expenditure Account for the Year ending 31st August 2020
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|---|---|---|---|---|---|
|Notes|to the|2020|2019|
|Accounts|£|£|£|£|
|Income|
|Grants|192,801|165,150|
|Fundraising,|Fees &|Other|Incame|34,585|35,159|
|Interest|6|6|
|Ps|227,392|200,315|
|Less|Expenditure|3|
|Gross Wages,|NI|&|Pensions|146,071|162,628|
|Rent|22,656|20,870|
|General|Office & Admin|Expenses|1,157|1,855|
|Premises|Expenses|2,999|6,139|
|Misc|Fees &|Courses|1722|870|
|Educational|Fees|&|Expenses|478|2,066|
|Hospitality,|Sports|&|Entertainments|0|644|
|Professional|Fees &|Insurances|1,373|3,700|
|Depreciation|4|33522|3,301|
|Bank Charges|-|-|
|179,978|202,073|
|Surplus/(Deficit)|Funds|47,414|(1,758)|
|All|income|is|unrestricted|funding (2019|same).|
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The Central Pre-School
Page 8
Summary Income and Expenditure Account as at 31st August 2020
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|---|---|---|---|---|---|---|---|
|Notes to the|2020|2019|
|Accounts|£|£|£|£|
|Fixed|Assets|
|Tangible|Fixed|Assets|4|3,413|6,935|
|Current|Assets|
|Cash|in|Hand|51|4,801|
|Cash|at|Bank|72,708|6,700|
|Stock|-|Uniform|-|.|
|Debtors &|Prepayments|5|567|1,601|
|73,326|13,102|
|Total|Assets|76,739|20,037|
|Creditors|falling due|within|1|year|6|10,888|1,600|
|Net Assets|"65,851|~~|48,437|
|Supported|by|
|Funds|F|
|Brought|Forward|18,437|20,195|
|In|Year|47,414|(1,758)|
|Carried Forward|65,851|48,437|
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The Central Pre-Schooi
Page 9
Notes to the Financial Statements for the Year ending 31st August 2020
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 2019)', 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.
The financial statements are prepared in sterling, which is the functional currency of the entity and is rounded to the nearest £,
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures & Fittings - 20% Straight line basis Computer Equipment - 20% Straight line basis
Taxation
The Central Pre-School is a registered charity that is exempt from taxation in accordance with the provisions of Section 505(1) of the Income and Corporation Act 1988
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
| 2 | Income | 2020 | 2019 | |
|---|---|---|---|---|
| : | £ | £ | ||
| SBC Grants | 192,801 | 165,149 | ||
| Fees | 34,501 | 33,935 | ||
| Fundraising | 84 | 1224 | ||
| DepositAccount Interest | 6 | 6 | ||
| 227,392 | 200,314 | |||
| 3 | Expenditure | 2020 | 2019 | |
| £ | £ | |||
| Training Courses | 375 | 870 | ||
| Gross Wages, NI & Pensions | 146,071 | 162,628 | ||
| Professional Fees& Insurance | 1,373 | 3,700 | ||
| Mobile Phone& Internet Expenses | 1,032 | 914 | ||
| Facilities Hire | 22,656 | 20,870 | ||
| Miscellaneous Equipment | 12 | 14 | ||
| Printing, Postage & Stationery | - | 917 | ||
| Kitchen & Party Expenses | - | 907 | ||
| Gifts, Hospitality & Entertaining | - | 40 | ||
| Education & Art Support | 103 | 819 | ||
| Health & Safety | - | 339 | ||
| Photo&Sundry Expenses | 1,164 | 109 | ||
| Cleaning& Premises Expenses | 2,987 | 6,124 | ||
| Trip Expenses | (48) | 111 | ||
| Depreciation | 3,522 | 3,301 | ||
| Uniform Expenses | 606 | 383 | ||
| Travel | 125 | 24 | ||
| 179,978 | 202,073 |
Page 10
The Central Pre-School Notes to the Financial Statements for the Year ending 31st August 2020
4 Tangible Fixed Assets
| Fixtures& Fittings |
Computer Equipment |
Tora | ||
|---|---|---|---|---|
| Brought Forward as at 1stSeptember 2019 | 14,120 | 3,492 | 17,612 | |
| Additions in the Year | - | - | - | |
| Disposals in the Year | - | - | - | |
| 14,120 | 3,492 | 17,612 | ||
| Depreciation | ||||
| Brought Forward as at 1st September 2019 | 8,353 | 2,324 | 10,677 | |
| Depreciation @ 20% Straight Line Basis | 2,824 | 698 | 3,522 | |
| Disposals in the year | - | - | - | |
| 11,177 | 3,022 | 14,199 | ||
| Net BookValue | ||||
| as at 31st August2020 | 2,943 | 470 | 3,413 | |
| as at 31st August2019 | 5,767 | 1,168 | 6,935 | |
| 5 | Debtors& Prepayments | 2020 | 2019 | |
| £ | £ | |||
| Insurance | 446 | 1,050 | ||
| Parent mail | 121 | - | ||
| Debtors | - | 551 | ||
| 567 | 1,601 | |||
| 6 | Creditors: Amounts fallingDue within oneyear | 2020 | 2019 | |
| £ | £ | |||
| Accountancy | 300 | 300 | ||
| HMRC | 1,051 | 943 | ||
| NetWages | 9,185 | : | ||
| Pension | 352 | 357 | ||
| 10,888 | 1,600 |
Page 11
The Central Pre-School
Notes to the Financial Statements
for the Year ending 31st August 2020
7 Trustees' remuneration and benefits
There were no trustees' remuneration or other benefits for the year ended 31 August 2020 nor for the year ended 31 August 2019.
Trustees’ expenses
There were no trustees! expenses paid for the year ended 31 August 2020 nor for the year ended 31 August 2019.
8 Related party disclosures
During the year, there were no related party disclosures to note