OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-08-31-accounts

Objectiv es and Activ iti es
SORP reference
Summary ofthe purposes of The aims ofthe Pre-School are to enhance
the Charity as set out in its the development
and education ofchildren
governing document primarily
under statutory
school age by
encouraging
parents to understand
and
provide for the needs oftheir children
throu h communi
rou s.
Summary
ofthe main
activities
in relation to those
purposes
for the public
benefit,
in particular,
the
activities, projects or
services identified
in the		 Para 1.17and
1.19		 ~ offering appropriate
play, education
and care facilities, family learning
and extended
hours groups,
together
with the right ofparents to
take responsibility
for and to
accounts. become involved
in the activities of
such groups,
ensuring
that such
groups offer opportunities
for all
children
whatever
their race, culture,
religion, means or ability;
~ encouraging
the study ofthe needs
ofsuch children
and their families
and promoting
public interest
in and
recognition
ofsuch needs
in the
local areas;
~ instigating
and adhering
to and
furthering
the aims and objects of
the Pre-School
Learnin
Alliance.
Statement confirming Para 1.18 The trustees have considered
guidance
whether the trustees have issued by the Charity Commission
on
had regard to the guidance public benefit and feel the Charity meets
issued by the Charity this guidance.
Commission on public
benefit

Resignation
ofcurrent committee -		 Resignation
ofcurrent committee -		 Resignation
ofcurrent committee -		 Ellie, Emma Ellie, Emma
and Hannah
stepping
down
Nomination of new trustees for the following
roles:
-Secretary -Katie Baker - Nominated VW,
Seconded SS
-Treasurer -Jade Liney -Nominated EB,
Seconded HH
-Chair —Michael Harvey-Harris - Nominated EB,
Seconded HH
Achievements
against		 Para 1.41
objectives set
Performance
offundraising
activities against objectives Para 1.41
set
Investment
performance		 Para tai
against objectives
Other

Review ofthe Review ofthe Review ofthe Charity's Charity's Charity's Para 1.21 This financial year the Pre-School has been This financial year the Pre-School has been
financial
position at		 the end successful
in making
a small surplus. There
ofthe period have been a number of initiatives
enacted
by the Pre-School managers
to encourage
more sessions and children
including:
~
Allowing
children
to join the Pre-
School in the final term (not typical
under previous
management)
~
Reducing
the number ofsettling		 in
sessions from 3to 1 to reduce
number offree hours and increase
number of paid/funded
hours
~
Increased the number ofkey
children
per staff member
from 6to
9, reducing
number
ofstaff required
per session
(still within
legal
re uirements
Statement explaining the Para 1.22 The aim oftrustees
is to build
up enough
policy for holding reserves reserves for 3 months ofcosts as well as to
stating why they are held set aside enough
funds to cover staff
redundancies
ifthe Pre-School were forced
to dose.
Amount of reserves held Para 1.22 f27,962
Reasons for holding zero Para 1.22 None
reserves
Details offund materially in Para 1.24 None
deficit
Explanation ofany Para 1.23 After some struggles
post-Covid, the
uncertainties about the Charity has recovered
and is now doing
Charity continuing as a well with most spaces filled and a waiting
going concern list ofchildren
to call upon should spaces
become available
The main concern going forwards
is the
increase ofcosts to run the Charity
including
increase to NMW and expected
future increases to rent and utilities as a
result of inflation. Some ofthis increase in
cost can be passed to the parents
by
raising fees although
this has to be
balanced
and not make the Pre-School
unaffordable.
The biggest impact will be		 the
increases
in funding
the Pre-School is
entitled to. During this year, the cost
increases were successfully
balanced
and
mana
ed with increases
in income
unaffordable.
The bi
increases
in funding
entitled to. During th
increases were succ
mana
ed with increa
Additional
information
(optional)
You ma
choose to include		 further statements where relevant about:
The Charity's
principal
sources offunds (including Para C47
any fundraising)

Structure, Structure, Structure, Governa Governa Governa nce and Manag ement
Description of Charity's
trusts:
Type of governing
document
ihtlsr rie
ri, mvai cha' Ie,"',		 Constitution
How is the Charity Para 1.25 Unincorporated
association
constituted?
(e.g 1minr& rpora; ct
Pssocrai:cn. CIO)
Trustee selection methods Para 1.25 Elected by committee
at AGM
including details ofany
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Additional information (optional)
You ma choose to include further statements where relevant about:
The majority ofour trustees come from the
parents ofthe children attending
the		 Pre-
Policies
adopted		 and
for		 procedures
the induction		 Para 1.S1 School. These are voted
in each year at
AGM and have to be re-elected for any		 the
and training oftrustees additional
years,
In addition to the parents the committee may
vote on other individuals
with relevant		 skills.
These are also elected at the AGM.
All trustees are DBSchecked before they can
work on the committee.
The Charity
is also a member ofthe		 Pre-School
Learning
Alliance who		 help advise on
governance
issues.
The main risk to the Charity is going concern.
This is impacted
by not attracting
enough
children to attend or changes
in legislation
restricting or removing the grants for 3 to S
year olds. We feel this risk is covered through
our strong reputation in the local area and links
with the infant school we share a site with.
The second risk is not meeting the laws and
regulations
associated		 with running a Pre-
School. We have experienced
staff who		 keep
up to date with all the latest changes in laws
and regulations
and ensure we adhere		 to
these.
The Charity's
organisational
structure
and any wider		 Para 1.51
network with which the
Chari works

Charit name Woodle Preschool Preschool
Other name the Chari uses
Re istered Charit number 1035042
Charity's principal address C/o Cupernham Infant School
Bransley Close
Romsay
SO51 7JT
Funds held as custodian trustees Funds held as custodian trustees on behalf ofothers
Description
ofthe assets
held in this capacity
Name and objects ofthe
Charity on whose behalf the
assets are held and how this
falls within the custodian
Charity's
objects
Details ofarrangements for
safe custody and
segregation
ofsuch assets
from the Charity's
own
assets

The tr ustees declare that they have approved
the tr
Signed on behalf of the Charity's trustees
Signature(s)
Full name(s) Michael James Harvey-Harris
Position (sg Secretary,
Chair, etc)		 Chairperson
Date 26/06/2023
N
tll0
Z.
4lIIL Restricted
Cl
32		 Unrestricted income Endowment Total this Total last
ID funds funds funds year year
E E E E F
Fixed assets F01 F02 F03 F04 F05
Intangible assets (Note 15) B01
Tangible assets (Note 14) 802 562 562 695
Heritage assets (Note 16) B03
Investments (Note 17)
Total fixed assets 605 562 562 695
Current assets
Stocks (Note 18)
Debtors (Note 19) 807 1,402 1,402
Investments (Note 17.4) 808
Cash at bank and in hand (Note 24) 809 26,471 26,471 26,170
Total current assets 810 27,873 27,873 26,170
Creditors: amounts falling due within
one year (Note 20) 811 473 473 1,777
Net current assetsl(liabilities) B12 27,400 27,400 24,393
Total assets less current liabilities 613 25,088
Creditors: amounts falling due after
one year (Note 20) 614
Provisions for liabilities 615
Total net assets orliabilities 616 27,962 27,962 25,088
Funds ofthe Charity
Endowment funds (Note 27) 617
Restricted income funds (Note 27) 618
Unrestricted funds 619 27,962 27,962 25,088
Revaluation reserve 620
Total funds 621 27,962 27,962 25,088
Signed by one or lwo trustees
on behalf of all		 Date of
the trustees Signature Print Name approval
dd/mm/
M J HARVEY-HARRIS 26/06/2023
Note 2 Account)ng
pogciea
2.2 INCONIE
the Slandard r/Sf OfaCCOunfing
pOIICieS haa been applied by Ihe Chanly eXCept mr Ihcae tioked rNO" Or 'lips"
Where a
di/le
rani or		 addirionat po/AT has been a do pled
/hen
/his is de ra i/ed in Ihe box below
Recognklan ofincome These are induded
in the statemenl
of Fmanoal Activaes (soFA) when
the cherily becomes enured
lo the resources;
itis mors likely than not Ihat Ihe trustees
wil receive Ihe resources;
and		 Yes No N/a
Iha moratary
value can be measured
with sulfioent
reliability.
There hes beerl no creaking ofassets and liabilities, or income and expenses,
unless required		 or Yes No Nis
Ogseitlng permitted
by the FR S 1020 OR P or FRS102.
Yes No N/a
Grants and donations
are only Induded
in ths SoFA when the general income recognition
Grants and donations miteria ars met (5.10lo5.f2 FRS102SORP).
In the case ofperiormance
related grants, income must only be recognised
lo the extent
that Ihe cherty hes provided
the apeulied goods or seMces es entitlement
to the grant
only occurs when the performance
related conditions sre met (5.16FRS 102SORP).		 Yes
No
Nfa
CUBI
Legacies Legumes ara induded
in Ihe SOFA when receipt is probable,
that is, when there hss		 been
grant ofprobate,
Ihe executom have established
Ihat Ihere ere suffident assets in ths
estate and eny condigons
attached
lo Ihe legacy ere either mthin
Ihe control ofthe shanty
or have been met.
Yes No N/a
Government gmnts The charily has recewed government
grants
in Ihe repomng
period
Gift Aid receivable is included
In income when them ls e valid dad aration from the donor
Tax reclaims on
donstloiis
and gifts		 Any Gift Akl amount recovered
on a doneaon is considered
to be part of Ihat go and
Ireated as en addison lo the same fund as Ihe initial donaeon unless the dormr or Ihe		 is Yes No N/a
lerms ofthe appeal have specilied otherwise.
Contractual
Income
performance
related		 and This is only induded
in the SoFA once the charily has provided ths related goods or
services or met Iha perfonnance
misted corlddons.		 ss No N/a
grants
Donated goose Donated goads are measured
at fair value ghe amount for which the easel could be
exchanged)
unless impramical
lode so
Ths cost ofany stack of goods donated for dutnbubon
lo beneaoaries
Is deemed to be
Ihe fair value ofthose gdls at the Ume of their receipt ard they ars recognised on receipt
In the reporting
period
in whrch the slacks ara distnbuted,
Ikey are recognised as en
expense at Ihe canying
amount of Ihe stocks at dislrlbudon.		 Yes
No
N/a
CDZ
Donated goods for resale are measured
at fair value on initial recognidon,
wmch is Ihe
expected proceeds from sale fess Ihe expsmed costs ofsale, and recognised
in 'Income
from other
trading
ac livi gas' vslb the corresponding
slack racegnie
ed
in I he balance
sheeL
On its sale Ihe value of stock is charged against 'Income
from other Ireding
acbvi des' and the proceeds fram eels ars also recagnised
as 'Income lrom other treeing
activlges(		 HZ7
Yes No Nia
Goods donated
for on-going use by Ihs chanly are recognised as tangible
feed assets
and indudsd
in the SoFA as incoming resources when receivable.
Grils in kmd for use by the ebsnly are in dud ed
in Ihe SoFA as income fram
do nations
when receivable.
Danated services end Donated services and facilities are induded
in the SOFA when received al the value		 of Yss No N/a
famlkles the gift to ths chanty provided
the value ofthe gut can bs measured
ratably
Dorlaled services arid facilibes that are consumed
immediately
are recognised as income
m'Ih an equivalent
amount recognised as en expense under the appropriate
haec/ng		 in
the SOFA.
Supportcosts The charity has incurred
expenrkiure
on support costs.
Volunteer help The value ot any voluntary
help received
is not included
in Ihe accounts but isdescribed
in Ihe Imstees'
annual
rape/L		 Yss No N/a
Income fram interest, This is induded
in Ihe accaunls when receipt is probabm
and the arne unt
receivable cen		 es No N/a
royaklas and dividends be measured
reliably
Income from membership Membership
subscriptions
received in the natum ofagift are recogriised
in Donations		 Yes No Nis
subscrlptlons snd Legedes
Membemhip
subsmiptions
which gives a memtwr
Ihe right to buy services or other		 es No N/e
benedts are recognised es income earned
from Ihe provision of goods and services		 as
incame hum chantable acevilies.
Samemsnt
claims		 Samemsnt
claims		 Samemsnt
claims		 of Insurance of Insurance Insurance
claims are only induded
in the SoFA when the general incame recognition
criteria ere met (510to 5 12FRSI02 SDRP) end ere included as an item ofother
mcome
in the SoFA.		 Insurance
claims are only induded
in the SoFA when the general incame recognition
criteria ere met (510to 5 12FRSI02 SDRP) end ere included as an item ofother
mcome
in the SoFA.
Investment
losses		 gains snd This indudes
sny reafiserf or unrealised
gains orlosses on the sale ofInveslmente
end
any gain or loss resulting
from revaluing
Inveslmsnla
lo market
valim al the emf ofIhe
year'.
2.3EXPENDITURE AND LIABILITIES
Ltabhsy recognglon Uabghies are recogrmed
where
it is more likely than not that there isa legal or		 Yas No N/a
constru&ive
obligatfon
committing
me chwity lo pay mx resources ana me amount
obligation can be measured
mth reasonable
certainly
Governance		 or me
Governance
costa		 and support Suppori casts have been allocated
between governance
mals end other support
costs comprise
ag costs involving
pubgc accounlabsay
oftha chargy and gs
compyance
wgh regulation
end good pracgce		 CZZ7
Support costs indude
cant/el
lunmlons
end have been agocsled lo activity cost		 Yes No N/s
categories
on a basis consistent
with Ihs use ofresources, eg sgocating
pmperty costs
by floor areas, crper capge, stag costs by me 9me spent end other costs by their usage.
Grants wkh
cendltlons		 psrrormance Where the charity gives a grant vslh condig one fcr ils paymenl
being aspecgc level
service or output tc be provided,
such grants ere only recogrised
In Ihe scFA once
recipient ofthe grant has prcvfded
Ihe speclfied service or outpuL		 of
Ihe		 es
No
N/a
CDZ
Grants payable without
performance
conditions		 Where Ihere are no cond gions agechlng
to Ihe grant that enables the donor chamy to
realagcagy
avoid Ihe commkmenl,
a sabisly for the full fun&rg obygedon
must be
recognised
Redundancy cost The enemy made no redundancy
payments
during
the reporgng
period.		 Yes No N/a
Deferred income No matenal
item of deferred
Income
has been Included
in Ihs accounts.		 Yes No N/a
Creditors The chanty has creditsrs which are measured
at segtemenl
amounts less any trade		 es No N/a
dlscci//its
Provisions for Sabghles A liability is measured
on recognition
at hs hhtoncal cost and then suha aqua/itly
measured
al the bast estimate ofthe amount
required
lo actus the obligation at the		 Yes No N/e
reporgng
date
Seals financial
Instruments		 The charity
accounts for basic fin and st
instruments
on
ink i at
ra cog nil'mn as per paragraph
107FRSI02 SORP. Subsequent
measurement
isas per pwag raphs 11.17to 1119,
FRS102SGRP,		 Yes No N/a
2ASASSETS
Tangible fixed assets for These are capitalised
ifthey can be uses for more than one year, and cost el least
uss by chsrgy They are valued el cosL Yes No Iws
The depreciation
rates and melhocs used are disdosed
in nots 9.2.
Intangible fixed assets The charity has Intangible
dxad assets, that Is, non.monetaty assets Ihat do not have		 Yes No N/e
physical substance
but ere Idenafiable
end are contrcyed
by the chaity through
custody
or legal rights.
The amortisetlon
rates and methods
used aa diedosed in nate 9.5
es No ms
They sfa valved
iil cosL
Nergage assets The charity has ha&age assets, that ls, non-monetary
assets vsth hlstork:, a&abc,
ecientac, technological,
geephyslcel
or environmental
qualaies Ihet are held
and
meinteinea
prlndpeay
for their contrlbuaon
to knowledge
and cugwe.
The depreciadon
rates and methoCC used as disdosed
in note 9.6.1.C.
Yes No N/a
They we valued el cosL
Investments Fixed assai investments
in quoted shares, traded tends and similar Investments
are
valued at Initlagy at cost end subsequenay
el fair value (their market value) al the year		 Yes No N/a
end. The same trrmlment
Is eppl/ed
to unlisted
investmenls
unless fair value carnal		 be
mess&ed rsyably
in which case it is measured
al cost less imparmenL
Investments
held for resale sr pending
their sale and cash and cash equivalents
with		 a Yes No N/a
maturity dale ofless Ihan I year are treated es current asset Inveslmenls
Rocks and work In Stocks held for sale as part ofran-charitable
trade are measured si the lower oreast or net		 Yes No N/e
prognma reellsable
value.
Goods orservices provided es perl ofa chanfabte
acgvily are measured
at net realisable		 value es No N/s
baaed on Ihe service poterdal
p/ovided
by gems ofstock.
Yes No N/a
Work in progress
is valued atcost less any foreseeable loss that Islikely to occur on		 Ihe contracL
Debtars (induding
trade debtam and loans receivable) ere measured
on initial recagnaon		 at
Debtors setge
ment
amount sitar any trade discounts
sr arne unt
advanced
by the charity.
Subsequently
Ikey ere measured
et Ihe cash or other consideraucn
expected to be received.
Mote 3 Analysis ofIncome Analysis ofIncome Analysis ofIncome Analysis ofIncome Analysis ofIncome Analysis ofIncome Analysis ofIncome
n trbud
Ir f uhtm
d		 n
I		 d nm
f		 d I Two n b sn !
Anal ~ls 2 S.
Oonotlohs Oonabons and ills 55 53
and legaciem Gift Aid 242
L
aden
General grants provided by gevemmentlothsr
cherlbss 59
Membership
subscdpaons		 and sponssrships
whfch are ln substance do nag one
0
tml		 mde facinges and smvlces
Omar
Total 55
Chadtsble
actlvltlns:		 gchool fess and 0 mrls 07704 07704 7 553
Td
and		 ev Is
Clolhin 763
Snacks 5 Lone na un I 535 I535
Total 00,002 90fmt 74545
Other trading Fayres and events
aondtlesr I 241 I 241 2010
Omar
Total I 241 1241 2010
Income from Inter st income
Inveslmenls: Dividend income
Rental and lanai income
Other
Total
Eapomts
material Item
ofincome:
Tot I
Other. conversion of ad~ant mnde into income
Gain on disposal of stangible hxed asset held
fmchad 'sovmuse
G
m a		 disposal of a programme
related
Investment
Royablesfromlhamploitab ofi t II m
fo d hts
Omar
Total
TOTALINCOME
nlb If~		 91 302 01302 77450
Anl noinlheprloryearvasunmslrlctedaxeeptfe.
fp lease provide descnptlon and am nle)
wh m &m
mf		 ndlsc mertedlnlolncomelnthe
I p nl gp md, pl
m gh		 m reasonforawconvemlon.
wnhln the Income hews abave tlw I gmdng henw are
malerlaL Iplease dhawss the nalur, amo nl and any prior
year amaunts)
Note 6 Analysis of expenditure expenditure
Restricted
Unrestricted income Endowment
funds funds funds rotsliuncs Pncryssr
Anal is 8 8
Expenditure on Incurred seeking donations
raising funds: Incurred seeking legacies
Incurred seeking grants
Operating
membership		 schemes and
social lotteries
Staging fundrsising events 296 296 335
HCC Food Vouchers
Total expenditure on raising funds 296 296 335
Expenditure on School running costs 86779 86 779 88 479
charitable Trips and events
activities
Clothing 927 927 663
Snacks/Lunch
Club		 426 426 267
Total expenditure
activities		 on charitable 88,132 88 132 89 409
Separate material
item ofexpense
Total
Other
Total other expenditure
TOTAL EXPENDITURE 88,428 88,428 89,744
Preschool Basis of
Supportcost Raising funds Actlvdy Activity 2 Activity 3 Grand total sgocstion
escn e
exam les method)
1,334 1,334
Administration Oirect lo activity
Other
1,334 1,334
Total
Please explain the nature ofthe Please explain the nature ofthe
payment Not applicable
Please state the legal authority or
reason for making the payment Not applicable
Please state the amount ofthe payment
(orvalue ofany
asset)		 waiver ofa right to an Not applicable
11.4 Redundancy payments
Please complete ifany redundancy or termination payment ismadein the period.
Total amount of payment Not applicable
The nature ofthe payment
(cash, asset
etc.)		 Not applicable
The extent ofredundancy
funding at
the balance sheet date		 Not applicable
Please state the accounting
policy		 for
any redundancy ortermination Not applicable
payments
Trade debtors
Prepayments and accrued income
Other debtors
Trade debtors
Prepayments and accrued income
Other debtom
This year Last year
9
Total

Amounts falling due Amounts falling due after falling due after
within one year more than one year
This year
f		 Last year
E		 This year
R		 Last year
f
Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts or
performance. related grants
Accruals and deferred income 473 1,777
Taxation and social security
Other creditors
Total 473 1,777
Please explain the masons why income is Please explain the masons why income is deferred.
Income received in relation to admin costs foracademic year 2022-2023
Movement in deferred income account This year Lastyear
K
Balance atthe start ofthe reporting period
Amounts
added in current period		 400
Amounts
released to income from		 previous periods
Balance at the end ofthe reporting period 400
Note 24 Cash at bank and in hand
This year Last year
E
Short term cash investments (less than 3months maturity date)
Short term deposits
Cash at bank and on hand 26,471 26,170
Other
Total 26,471 26,170
E 0 Sa7 0 Sa7 0 Sa7 CD
N		 N
CO		 CO
CO
IL OIOI0
0
Ol
'0
«0
8		 '00 C
IO
0		 0
IO
Ol
0
4 COU
IO
C 0
IO		 CII
OlI 0 I-
0
I0I
Ol		 CO0
l3
0a
Ol.0 ,C
'B		 Ul
C
CO
IO		 0 Ol
E0
CO In" C
CI
Cl		 IO
L
0
Cl
C
0a		 8
IO
0
,0		 00C
1I
Ol0		 ol E 0
0 Cl «		 C3
N		 CO
Cl		 COll0
OO LL
5 O IO00 COl3 8
IO
IU
IL
OO
CC
'0		 CC
0 g		 E
0		 llC
IO
Ol
Ol00.
«		 00
5		 CO
C
g
S
0
E		 .IO
.~
IC
0		 0
CO
CI
0		 U. 0
0
C00
Ol'0
C		 C
Ol		 E 0
0
g '0		 0 Ul
Ul
a
IU g
Ol 0
a&
I
Ol IO
C
C		 0 E
0 0 0
0		 OI0
8
IOE		 0 0
w0		 C
w CR
8 OIS 0 UI 0
N 13 Ol
Ol0 N 0. OO !O llC
IL		 138
IV		 hC
Ol		 0
43 OI
E 0 cl
nl00Ic
44		 44
Ic		 W cn
CI		 IOol
nl
II		 0
7!
t-
4		 00 '0L
lc
N
C
Ic0		 N
In
ln0		 W
nl 4I
0 L
N		 W
I 0 I-
0
L
Lo
Ol		 Ow
000.
Ol
cn
14
0.C		 E0 W Ol
ol		 44
CI
44
ol
C 14C C
'C0
OI		 cn
e		 nl80 '00
U		 N v
cl0ole
C 0 P
-"NE 0
44v		 w 43
43
IO
cc
0
0.		 4I
Q		 cl N'00
I-
IU
IC		 Ol
O		 0
e0		 IL
8
'0
N'0
C
4		 O .C
N
OI
C
C
e g
04
0
N
c ) e
14 0
E,C e
0
e
nl
0 a,
0
o-e
C
4I 'O		 4
In		 '00Ic
nl
N0
CL
00.
C DI
cl 0
R IC		 00
N
nl0C
cl0
00
0I-		 Nl3
0
0
O
Icn8
X		 E
N
&
CI
44		 -
fi
4I
a,
,)
cl
ln
0
Q.		 g
'0
4
0
h
0
0
4		 IO 0'00
IL		 C
0
eOC
'O
cl
IL'		 '0
cl0		 L
nl