**REGISTERED CHARITY NUMBER: 1035097**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024**
## **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 YEAR ENDED 31ST AUGUST 2024**
|||**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 YEAR ENDED 31ST AUGUST 2024**
The trustees present their report with the financial statements of the charity for the year ended 31st August 2024. 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 Sally Cheesmur Emily Jane Deadman Vice chair (resigned 31.1.2024) Russell Dunn K Geard (appointed 31.1.2024) (resigned 28.1.2025) Ceylon Mutlu (appointed 28.1.2025)
## **Independent Examiner**
I J Currie FCA Currie Accountancy Limited Chartered Accountants First Floor 13a High Street Edenbridge Kent TN8 5AB
28th January 2025 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Russell Dunn - 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 year ended 31st August 2024.
## **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: .............................................28th January 2025
Page 2
**THE DONKEY FIELD PRE-SCHOOL**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2024**
|**2024**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**258**
**Charitable activities**
5
Pre-school
**171,488**
Other trading activities
3
**5,839**
Investment income
4
**644**
**Total**
**178,229**
**EXPENDITURE ON**
Raising funds
**719**
**Charitable activities**
Pre-school
**160,582**
**Total**
**161,301**
**NET INCOME**
**16,928**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**138,377**
**TOTAL FUNDS CARRIED FORWARD**
**155,305**|2023
Total
funds
£
13,987
163,785
7,045
301|
|---|---|
||185,118|
||1,072
147,863|
||148,935|
||36,183
102,194|
||138,377|
The notes form part of these financial statements
Page 3
**THE DONKEY FIELD PRE-SCHOOL**
## **BALANCE SHEET 31ST AUGUST 2024**
|**2024**
**Unrestricted**
**fund**
Notes
**£**
**FIXED ASSETS**
Tangible assets
8
**9,723**
**CURRENT ASSETS**
Cash at bank and in hand
**191,404**
**CREDITORS**
Amounts falling due within one year
9
**(45,822)**
**NET CURRENT ASSETS**
**145,582**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**155,305**
**NET ASSETS**
**155,305**
**FUNDS**
Unrestricted funds
**155,305**
**TOTAL FUNDS**
**155,305**|2023
Total
funds
£
14,586
157,838
(34,047)
123,791
138,377
138,377
138,377
138,377|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 28th January 2025
............................................. Russell Dunn - Trustee
The notes form part of these financial statements
Page 4
**THE DONKEY FIELD PRE-SCHOOL**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024**
## **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.
continued...
Page 5
**THE DONKEY FIELD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2024**
|**2.**
**DONATIONS AND LEGACIES**
Donations
Grants
Grants received, included in the above, are as follows:
Worth Parish Council
Charities Trust
Gatwick Airport Community Trust
Co-op
S106 funding
**3.**
**OTHER TRADING ACTIVITIES**
Fundraising events and trips
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
School fees
Pre-school
Uniform sales
Pre-school|**2024**
**£**
**-**
**258**
**258**
**2024**
**£**
**-**
**258**
**-**
**-**
**-**
**258**
**2024**
**£**
**5,839**
**2024**
**£**
**644**
**2024**
**£**
**170,852**
**636**
**171,488**|2023
£
60
13,927
13,987
2023
£
750
500
1,500
1,438
9,739
13,927
2023
£
7,045
2023
£
301
2023
£
162,868
917|2023
£
60
13,927|
|---|---|---|---|
||||13,987|
||||2023
£
750
500
1,500
1,438
9,739|
||||13,927|
|||163,785||
continued...
Page 6
**THE DONKEY FIELD PRE-SCHOOL**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2024**
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st August 2024 nor for the year ended 31st August 2023.
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 year was as follows:
||**2024**|2023|
|---|---|---|
|School staff|**10**|10|
No employees received emoluments in excess of £60,000.
## **8. TANGIBLE FIXED ASSETS**
|Improvements
to
School
property
equipment
£
£
**COST**
At 1st September 2023 and
31st August 2024
**34,845**
**15,473**
**DEPRECIATION**
At 1st September 2023
**21,344**
**14,388**
Charge for year
**4,501**
**362**
At 31st August 2024
**25,845**
**14,750**
**NET BOOK VALUE**
At 31st August 2024
**9,000**
**723**
At 31st August 2023
13,501
1,085|Totals
£
**50,318**|
|---|---|
||**35,732**
**4,863**|
||**40,595**|
||**9,723**|
||14,586|
continued...
Page 7
**THE DONKEY FIELD PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2024**
|**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Payments on account
Other creditors|**2024**
**£**
**43,598**
**2,224**
**45,822**|2023
£
32,547
1,500|
|---|---|---|
|||34,047|
## **10. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st August 2024.
Page 8
**THE DONKEY FIELD PRE-SCHOOL**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2024**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
**Other trading activities**
Fundraising events and trips
**Investment income**
Deposit account interest
**Charitable activities**
School fees
Uniform sales
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Fundraising costs
**Charitable activities**
Wages
Pensions
Rent
Training and subscriptions
Small equipment and activities
Uniforms
Equipment depreciation
**Support costs**
**Management**
Insurance
Telephone
Office supplies and sundries
Storage
Stationery and postage
Carried forward|2024
£
**-**
**258**
**258**
**5,839**
**644**
**170,852**
**636**
**171,488**
**178,229**
**719**
**131,662**
**7,130**
**9,099**
**1,386**
**988**
**1,061**
**362**
**151,688**
**832**
**1,479**
**171**
**811**
**-**
**3,293**|2023
£
60
13,927|
|---|---|---|
|||13,987
7,045
301
162,868
917|
|||163,785|
|||185,118
1,072
126,163
1,488
5,502
1,293
733
635
941|
|||136,755
794
1,203
1,624
583
232
4,436|
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 YEAR ENDED 31ST AUGUST 2024**
|**Management**
Brought forward
DBS checks
Depreciation of property improvements
**Governance costs**
Independent examiners fee
Total resources expended
**Net income**|2024
£
**3,293**
**-**
**4,501**
**7,794**
**1,100**
**161,301**
**16,928**|2023
£
4,436
132
4,500|
|---|---|---|
|||9,068
2,040|
|||148,935|
|||36,183|
This page does not form part of the statutory financial statements
Page 10