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2022-09-02-accounts

2022 2021
Unrestricted Total
fund funds
Notes £ £
F I X E D ASSETS
Tangible assets 8 5380 3,522
C U R R E N T ASSETS
Debtors 9 293 -
Cash at bank and in hand 154,061 103,634
154,354 103,634
CREDITORS
Amounts falling due within one year 10 (52,740) (12,882)
N E T C U R R E N T ASSETS 101,614 90,752
T O T A L ASSETS LESS C U R R E N T
L I A B I L I T I E S 102,194 94,274
N E T ASSETS 102,194 94,274
FUNDS
Unrestricted funds 102,194 94,274
T O T A L FUNDS 102,194 94,274

REGISTERED CHARITY NUMBER: 1035097

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE PERIOD 3RD SEPTEMBER 2021 TO 31ST AUGUST 2022

FOR

THE DONKEY FIELD PRE-SCHOOL

Currie Accountancy Limited Chartered Accountants First Floor 13a High Street Edenbridge Kent TN8 5AB

THE DONKEY FIELD PRE-SCHOOL

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 3RD SEPTEMBER 2021 TO 31ST AUGUST 2022

Page
Report of the Trustees 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Financial Statements 5 to 8
Detailed Statement of Financial Activities 9 to 10

THE DONKEY FIELD PRE-SCHOOL

REPORT OF THE TRUSTEES FOR THE PERIOD 3RD SEPTEMBER 2021 TO 31ST AUGUST 2022

The trustees present their report with the financial statements of the charity for the period 3rd September 2021 to 31st August 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).

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

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

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1035097

Principal address

Hophurst Drive Crawley Down West Sussex RH10 4XA

Trustees

Rachel Mears Chairperson James Wickerson Vice chairperson (resigned 6.10.2022) Sally Cheesmur Emily Jane Deadman Russell Dunn (appointed 6.10.2022)

Independent Examiner

I J Currie FCA Currie Accountancy Limited Chartered Accountants First Floor 13a High Street Edenbridge Kent TN8 5AB Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ Rachel Mears - Trustee

Page 1

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE DONKEY FIELD PRE-SCHOOL

Independent examiner's report to the trustees of The Donkey Field Pre-School

I report to the charity trustees on my examination of the accounts of The Donkey Field Pre-School (the Trust) for the period 3rd September 2021 to 31st August 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.

I J Currie FCA Currie Accountancy Limited Chartered Accountants First Floor 13a High Street Edenbridge Kent TN8 5AB

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

Page 2

THE DONKEY FIELD PRE-SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 3RD SEPTEMBER 2021 TO 31ST AUGUST 2022

Period
3.9.21
to Year Ended
31.8.22 2.9.21
Unrestricted Total
fund funds
Notes £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 1,799 7,582
Charitable activities
Pre-school 134,920 94,144
Other trading activities 3 5,847 510
Investment income 4 23 6
Total 142,589 102,242
EXPENDITURE ON
Raising funds 1,945 224
Charitable activities
Pre-school 132,724 114,745
Total 134,669 114,969
NET INCOME/(EXPENDITURE) 7,920 (12,727)
RECONCILIATION OF FUNDS
Total funds brought forward 94,274 107,001
TOTAL FUNDS CARRIED FORWARD 102,194 94,274

The notes form part of these financial statements

Page 3

THE DONKEY FIELD PRE-SCHOOL

BALANCE SHEET 31ST AUGUST 2022

2022
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
8
580
CURRENT ASSETS
Debtors
9
293
Cash at bank and in hand
154,061
154,354
CREDITORS
Amounts falling due within one year
10
(52,740)
NET CURRENT ASSETS
101,614
TOTAL ASSETS LESS CURRENT
LIABILITIES
102,194
NET ASSETS
102,194
FUNDS
Unrestricted funds
102,194
TOTAL FUNDS
102,194
2021
Total
funds
£
3,522
-
103,634
103,634
(12,882)
90,752
94,274
94,274
94,274
94,274

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

............................................. Rachel Mears - Trustee

The notes form part of these financial statements

Page 4

THE DONKEY FIELD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 3RD SEPTEMBER 2021 TO 31ST AUGUST 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 25% on cost School equipment - 25% on cost

Small equipment and furniture is expensed in the year of purchase.

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.

The charity has no restricted funds.

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.

Page 5

continued...

THE DONKEY FIELD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 3RD SEPTEMBER 2021 TO 31ST AUGUST 2022

2. DONATIONS AND LEGACIES
Period
3.9.21
to Year Ended
31.8.22 2.9.21
£ £
Donations 1,414 7,582
Grants 385 -
1,799 7,582
Grants received, included in the above, are as follows:
Period
3.9.21
to Year Ended
31.8.22 2.9.21
£ £
Crawley Down Residents Association 250 -
Tarana, Turners Hill 135 -
385 -
3. OTHER TRADING ACTIVITIES
Period
3.9.21
to Year Ended
31.8.22 2.9.21
£ £
Fundraising events and trips 5,847 510
4. INVESTMENT INCOME
Period
3.9.21
to Year Ended
31.8.22 2.9.21
£ £
Deposit account interest 23 6

Page 6

continued...

THE DONKEY FIELD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 3RD SEPTEMBER 2021 TO 31ST AUGUST 2022

5. INCOME FROM CHARITABLE ACTIVITIES

INCOME FROM CHARITABLE ACTIVITIES
Activity
School fees
Pre-school
Uniform sales
Pre-school
Period
3.9.21
to
Year Ended
31.8.22
2.9.21
£
£
134,353
93,103
567
1,041
134,920
94,144
94,144

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 31st August 2022 nor for the year ended 2nd September 2021.

None of the trustees receive any remuneration from the Trust. Any relative of theirs who attends the school does so on the same terms as any other child.

Trustees' expenses

The trustees are all members of the management committee and are closely involved in the day to day running of the charity. The resources needed to itemise the amounts reimbursed to individuals for the year exceeds the benefit derived from the information obtained.

7. STAFF COSTS

The average monthly number of employees during the period was as follows:

Period
3.9.21
to Year Ended
31.8.22 2.9.21
School staff 8 7

No employees received emoluments in excess of £60,000.

continued...

Page 7

THE DONKEY FIELD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 3RD SEPTEMBER 2021 TO 31ST AUGUST 2022

8.
TANGIBLE FIXED ASSETS
Improvements
to
School
property
equipment
£
£
COST
At 3rd September 2021 and
31st August 2022
16,845
14,026
DEPRECIATION
At 3rd September 2021
14,481
12,868
Charge for year
2,363
579
At 31st August 2022
16,844
13,447
NET BOOK VALUE
At 31st August 2022
1
579
At 2nd September 2021
2,364
1,158
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Trade debtors
293
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Payments on account
38,891
Taxation and social security
1,931
Other creditors
11,918
52,740
Totals
£
30,871
Totals
£
30,871
27,349
2,942
30,291
580
3,522
2021
£
-
2021
£
12,184
698
-
2021
£
-
12,882

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the period ended 31st August 2022.

Page 8

THE DONKEY FIELD PRE-SCHOOL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 3RD SEPTEMBER 2021 TO 31ST AUGUST 2022

Period
3.9.21
to
31.8.22
£
INCOME AND ENDOWMENTS
Donations and legacies
Donations
1,414
Grants
385
1,799
Other trading activities
Fundraising events and trips
5,847
Investment income
Deposit account interest
23
Charitable activities
School fees
134,353
Uniform sales
567
134,920
Total incoming resources
142,589
EXPENDITURE
Raising donations and legacies
Fundraising costs
1,945
Charitable activities
Wages
108,227
Pensions
1,989
Consumables
34
Rent
10,480
Training and subscriptions
1,101
Small equipment and activities
964
Uniforms
712
Equipment depreciation
579
124,086
Support costs
Management
Insurance
771
Carried forward
771
Year En
ded
2.9.21
£
7,582
-
7,582
510
6
93,103
1,041
94,144
102,242
224
93,076
1,707
596
7,533
1,430
791
584
759
106,476
808
808

This page does not form part of the statutory financial statements

Page 9

THE DONKEY FIELD PRE-SCHOOL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 3RD SEPTEMBER 2021 TO 31ST AUGUST 2022

Period
3.9.21
to
31.8.22
£
Management
Brought forward
771
Telephone
833
Office supplies and sundries
2,172
Storage
583
Stationery and postage
646
DBS checks
250
Depreciation of property improvements
2,363
7,618
Governance costs
Independent examiners fee
1,020
Total resources expended
134,669
Net income/(expenditure)
7,920
Year En
ded
2.9.21
£
808
939
685
583
20
63
4,211
7,309
960
114,969
(12,727)

This page does not form part of the statutory financial statements

Page 10