Charity Number 1033523 St Barnabas Preschool Nursery Trustees, Report And Financial Statements 31 December 2024 Director K D Coulson KEITH COULSODI & CO LTD Benvenuti 61 Norfield Road Dartford Kent DA2 7NY Co. Reg No. 04671432 Email: keith@keithcoulson.uk Tel: 01322 558 664 St Barnabas Preschool Nursery Charity registration no 1033523 Receipt and Payment account summary for the year ended 31st December 2024 Independent Examiners. Report To The Trustees of St Barnabas Pre-school Nursery I report on the accounts for the Trustees for the year ended 31st December 2024 Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. Th8 charitys trustees consider that an audit is not required for this year (under section 144 of the Charities Act 2011 ("the Charitl8s Act") and that an independent examination is needed. It is my responsibility to: Examine the accounts (under section 145 of the Charities Act). Follow the procedure laid down in the General Directions given by the Charity Commission (under section 14515) Ib) of the Charities Act ). State whether parti¢ular matters have come to my attention. Basis Of Independent Examlnerfs Report My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented with Ihose records.11 also includes consideration of any unusual items or disclosures in the accounts,and seeking explanations from you as truslees Con￿rning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do nol express an audit opinion on the view given by the accounts. Independant Examinerfs Statement In connection with my examination. no material matters have come to my attention which gives me cause to believe that in, any material respect: (1) the accounting records were not kept in accordance wth section 130 of the Charities Act; or (2) the accounts did not accord wilh the accounting records; or (3) the accounts did not comply with the applicable requirements conceming th8 fonn and content of th6 a¢¢ounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair vievl which is not a matter considered as part of an independent examination. I have Come across no other matters in connection with the examination to which attention should be drawn in this r8POrt in order to enable a proper understanding of the accounts to ba reached. Keith Coulson Keith Coulson & Co Ltd 61 Norfield Road Dartford Kent DA2 7NY 12 February 2025 St Barnabas Preschool Nursery Income and Expenditure Summary for the year ended 31 December 2024 2024 2023 Receipts 104,764 79,900 Other income 509 400 Expenses Wages. salaries and other staff costs Nursery expenses Rent & Rates Equipment rent & repairs Telephone, fax. stationery and other office costs Cost of Fund Raising Insurance Bank, credit card and other finance charges Accountancy, legal and other professional fees Other expenses 74,893 2,193 11.190 826 883 63,229 2,259 11,110 3,094 915 302 1,710 76 326 269 1.802 79 341 266 93,357 83,290 Net balance of Receipts I Payments 11.916 2,990 St Barnabas Preschool Nursery Detailed Income and Expenditure Account for the year ended 31 December 2024 Charity Number 1033523 2024 2023 Receipts Fees and Grant Fund Raising l Donations 101,945 2,819 104.764 77,256 other business income Interest receivable Total Receipts 509 105,273 400 80,300 Payments Wages, salaries and other staff costs Wages and salaries Pensions Slaff training and welfare 73,147 203 1.543 74.893 62,970 167 92 63,229 Nursery Expenses Educational Equipment Subsistance 439 1,754 901 1,358 2,259 Rent & Rates Rent 11.190 11.110 Equlpment Rent and Repairs Equipment costs 826 3,094 Telephone, fax, statlonery and other office costs ststionery and printing Equipment exp8nsed 883 515 400 915 883 Cost of Fundralslng Fundraising Costs 302 Insurance Early Years Insurance and Licences 1,802 1,710 Bank, credlt card and other finance charges Bank charges 79 76 Governance Costs Accountants foes Independent examination 291 50 341 276 50 326 Other expenses Sundry expenses 266 269 Total Payments 93,357 83,290 Net balance of Receipts I Payments 11,916 2,990 st Barnabas Preschool Nursery Statement of Assets and Liabilities as at 31 December 2024 Notes 2024 2023 Current assets Banklbuilding society balances Resource fund Other current assets and prepayments 51,238 30 88 45,743 47 91 45,881 Current liabilities Creditors & accruals Income received in advance 291 276 6,456 6,732 291 Net current assets 51,065 39,149 Net assets 51,065 39,149 Capital account Balance at start of period Surplus of expenditure over income 39.149 11.916 42,139 (2,990) 51,065 39,149 St Barnabas Preschool Nursery Trustees, Report for the Year Ended 31.12.2024 The Trustees present their report and the financial statements for the year ended 31st December 2024 Sectlon 1 Legal and Admlnlstratlve Infom)ation Charity Name: St Bamabas Pre School Nursery Charity Reg no: 1033523 Financial Year: 1st January 2024 to 31 December 2024 Principal office: St Barnabas Church Hall. Tile Kiln Lane. Bexley, Kent, DA5 2BD Telephone.. 07762 596760 Ewmail- amberaddiction@hotmail.com I stbamabaspsn@hotmail.com Governing Document: Constitution dated 23rd March 1993 Assoclation: Unincorporated Objectives and Aetivities: To provide affordable pr&school18aming childcare and education for children age 2.5 to 5 years in the 8exl8y. Dartford and surrounding areas, providing safe and satisfying facilities for play and learning. The nursery is registered with Ofsted and all appropriate policies are in place. Professional advlsers: None Independendent Examlner: Keith Coulson & Co Ltd 61 Norfield Road Dartford Kent DA2 7NY Bankers: HSBC plc 83 High Street, Sidcup, Kent, DA14 6DN Section 2 Trustees and Governance Cara Clark - Treasurer l Trustee Carly lamet Chair l Trustee Danielle Smith- Truste8 Julie Coulson - Trustee Sofia Shah- Trustee Jennifer Griffin - Trusteel Ofsted Nominated Person Trustee selection: Trustees are appointed by the existing Trustees at each Annual General Meeting. No other person or body is entitled to appoint Trustees. There are no custodian trustees. Organisational structure and decision making." The nursery is run on a day to day basis under the conlrol of the Manager together with her deputy. Decisions are made at Trustees meetings and by correspondence as necessary between meetings. There is no other or9ani5ational structure. Se¢tlon 3 Activities. Performan¢e and Public Benefrt St Barnabas Preschool Nursery Trustees. Report for the Year Ended 31.12.2024 Charitable activities: Th8 nursery is not currently fully subscribed. Fundralslng activitles: The majority of funding arises from fees and grants. However. the Trustees are grateful for the assistance given in other fundraising activities in the year. These include photo sales and raffles. Perfom)anee: Whilst there is some competition from other pre-school facilities the Trustees are confident that there will be a need for the full use of the nursews facilities for the foreseeable future. Th8 Trustees ar8 fully aware of the need to recruit and retain suitable qualified and motivated staff and take active steps to ensure job sakn'sfaclion. Section 4 Policies and Financial Review Reserves policy: Trustees review the reserves held by the charity on a continuing basis, and in accordance with the commitments that have been given. The charity has sufficient reserves to meet its obligalions for Ihe twelve months to 31 st December 2025. The Trustees consider that the most appropriate level of free reserves would be equivalent to three monlhs expenditure. Investment selection policy: Surplus funds are retained in bank deposits until used. The Trustees seek to maximise the interest gained without subjecting funds to any risk. They are reviewed from time to time. Flnanclal Revlew The results for the year are attached. The Trustees review the financial summary on a regular basis and all appropriate financial arrangements are in place. Section 5 Statement of Trustees. responsibllltles The law applicable to charities in England and Wales requires that the Trustees prepare financial statements for each financial year which give a trues and fair wew of the charills financial activities during a financial year and of its financial position at the end of each financial year. In preparing ihese financial statements the Trustees are required to- Select suitable accounting policies and apply them consistently., Make judgements and estimates which are reasonable and prudent; State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. Prepar8 the financial statements on a 'going concem, basis unless it is inappropraite to presume that Ihe Gharity will continue in business. The Trustees have overall responsibility for ensuring that the charity has appropriate systems of ontrol, financial and olherwise, in place. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act. They are also responsible for safeguarding the assets of the charity and hen￿ for taking reasonable steps to prevent and detect fraud or other irregularities. The Truslees have complied with the duty to have due regard to the guidance on public benefit published by the Commission in exercising their powers and duties. St Barnabas Preschool Nursery Trustees. Report for the Year Ended 31.12.2024 Section 6 Signature and Declaration Declaration.. I declare in my capacity of charity Trustee, that the Tnjstees have approved the report above ' and have aulhorised me to sign Ét on their behalf. Signature: Date: Full name: Carly Ismet Position: Chairperson