CHARITY REGISTERED NUMBER:1035297 BRADPOLE CHURCH PRE-SCHOOL TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ELSON FRAMPTON ACCOUNTANTS 66 HIGH STREET HONITON DEVON EX14 IPD
BRADPOLE CHURCH PRLSCHOOL LEGAL AND ADMINISTRATIVE INFORMATION Reglster¢d ChaTIty Number: 1035297 Chairpenon Emma Whitlock Vlce ChAIr: Gemma Thorpe Chief Executlve Officer: Catherine Frampton Treasurer: Stephanie Condliffe Secretary: Poppy Village Registered Offlce: Sir John Colfox School Ridgeway BTadpole Bridport DT6 3DT A¢¢ovnlantJ: Elson Fi'ampion Accountants 66 High Street Honiion Devon EX14 IPD Bankers: TSB 9 West Street Bridport Dowt DT6 3QL Page I
BRADPOLE CHURCH PRE-SCHOOL TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST2024 The Trustees present their report and the financial statements of the charity for ihe year ended 31 August 2024. The trusrees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRSIO?) in preparin¥ the annual I'eport and financial siatements of the Choriry. Structure, GovernaThce Mangement Risk policy The tivslees have examined the major strategic. business and operational risks which the charity faces and confim ihat Systems have been established to enable regular reports lo bc pr(Kluced so that the necessary steps can be iaken to lessen th¢s¢ risks. Objectives and activities The principal 2Cliviry of the charity continues io be the provision of nursery school places for the young children of families living in the Bridport area. Achlevements perfornian¢¢ The group is open lor 5 days a week during normal school Eerms, and is registered by the Local Authority for 26 Places. Rated as good by OFSTED. There eontinues io be a waiting list for places at the school. Fin4m¢ll revlew The group has achieved a surplus of £13.497 in Ihe yedr. We have eamiarked soine £1 0,0 of our cash r¢5erveg io fund improvement5 to our setting. Progress is a150 being made to build sufficient free funds lo finance a full leTrnS Cost if for whatever reason we are M4thout a significant part of our income. Page ?
BRADPOLE CHURCH PRE-SCHOOL TRUSTEES, ANNUAL REPORT {CorLtinued) FOR THE YEAR ENDED 31 AUGUST 2024 Aecountlng Teportlng Tesponslbillties The trustees are responsible for preparing ihe Trusiees, Annual Report and ihe financial sthtemenls in accordance with applicable law and Uniied Kingdom Accounting Siandards (Unil¢d Kingdom Generally Accepied Accounting Practice). The law applicable to chariiie5 in England and Wales requires the ti'usiees to prepare financial statements for each financial year which give a Iiue alld fair view of the state of affaii's of ihe charity and of the incoming resources and application of resources of the charity for that period. In prepai'ing these financial statements. the trusiees atE required (o.. select suitable countIng policies and apply them consistently• observe the methods and principles in ihe Chariiies SORP ?015 IFRS102)' make judgenienls aThJ estimates that are reasonable and prudeni. stale whether applicable a¢¢ounling siandards have been followed. subjeci to any mal¢rial departure5 disclosed and explained in the finAncial statements. prepgre ihe financial slatcmcnt5 on a going concern basis unle55 it is inappropriate lo presume thal Ihe ¢harity will continue in operation. The irustees are responsible for keeping propel. accounting I'ecords which disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure ihat the financial 5taiements comply with the Charitie5 Act 2011, Ihe Charity (Accouilts and Report51 Rcgulation5 2008 aiid the provision of the trusi d¢¢d. Th¢y are also respoiisible for 5alcguarding the asseis of ihe Charity and hence for takiiig reasonable steps for the prevention and detection of fraud and other irregulai'ilies. Approved by the trustees on 18 October ?024 signed on lis behalf by- Poppy Village Secretary
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRADPOLE CHURCH PRE-SCHOOL FOR THE YEAR ENDED 31 AUGUST 21J24 I report lo the charity Erustee5 on my examination of the accounts of the charity for the year ¢nded 31 August 2024 which are set out on pages 5 tl) I I. Re5ponsibilltles and basis of report As th¢ charity tru5tc¢s you are responsible for the pr¢parniion of the a¢¢ounls in accordance with the requirements of (he Charities A¢1 2011 I'the Act'}. I report in respect of my examination of the charity's accoiints carried out under section 145 of the Aet and in cai'rying oul my examination I have followed all the applicable Direciions given by ihe Charity Commission under section 145(5)(b) of the Act. Indep¢ndtnt eX8mlner's sl*tement In connection with our examination, no matter has come to our attention which gives us reasonable cause io believe thai in any material respect the requirements lo keep accounting records in accordance with S.41 of the Aa: and to prepare ac¢ounls which a¢cord with the accounring records ond io comply with the accounting requirements of ihe Act have not been met; or to which, in oui. opinion. attenlion should be diuwn in ordei. lo enable a proper understanding of the accounts to be reached. Elson Frampton Accouniants 66 High Street Honilon Devon EX14 IPD Pagle 4
BRADPOLE CHURCH PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 Total General Funds Total Funds 2024 Funds 2023 Note Income and endowments fTOIn: Donations and Legacies 2,029 2.029 2,932 Charitable activities 162,755 162,755 150.824 Invesiments 382 382 71 Other trading acrivities 1,506 Total Income And endowmen 165,166 165,166 155,333 Expendllure on: Raising funds 438 438 533 Chariiable activities 145,795 145.795 127,793 Other 5,436 5.436 4,770 Total resourcu expended 151,669 151.669 133,096 Net movement In funds 13,497 13.497 22.237 Total Thnds brought forw4rd 65,189 65,189 42.952 Tot81 fvTrd8 cxrrled forward 78,686 78,686 65,189 All income and ¢xp¢nditure derive from ¢ontinuing activities. Page 5
BRADPOLE CHURCH PRE-SCHOOL BALANCE SHEET AT 31 AUGUST 2024 Note 2024 2023 Tanglble flxed assets Tangible assets 27.852 25,526 Current Assets Debtors Bank accounts 2.656 72.149 1,313 56.207 74,805 Creditors Amounts falling due within ne year 23,971 17,857 Net current ajsets 50,834 39.663 Total Assets less ¢urrent1S*bllltles 78.636 65.189 Net assets 78,636 65.189 C&pitxl funds General funds 78,636 65,189 Total funds 78,636 65,189 Approved by the ttwsiees on 18 October 2024 and signed on its behalf. Emma Whiilock The annexed noies foTm part of these financial statements. Pag¢ 6
BRADPOLE CHURCH PRE-SCHOOL iYOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Aeer)untlng pollcles The charity constitutes a public benefit entity as defined by FRS 102. The financial 5taiements have been prepared iii accordancc with Accouniing and Reporting by Charit1¢5'. Sia(¢mcnt of R¢comrnended Praclice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ii'eland IFRS102} issued on 16 July 2014 las Lipdated through Bulletin I published on 2 February 20161, the Financial Reponing Standard applicable in the Uniied Kingdom and Republic of Ireland IFRS102). the Charities Act 201 l aiid UK Generdlly Accepted Pi'actice &s il applies from l January 2015. The Charity has applied Update Bulletin l a5 published on 2 Febnjary ?016 and does no( include a ¢ash flow statement on the grounds thai it is applying FRS 102 Section l A. The financial statemenrs are prepared on a going conc¢rn basis linder the historical convention (modified to include cei'tain items ai fair value). The financial statemenis are presented in sterling which is the funciional currency of the charity and rounded to the nearest pound. Thc significant accounting policies applied in the preparaiion of ihese financial slatemenis are sel out below. These policies have been con515tenily applied to all years unless otherwis¢ 518ted. Incomlng resources All in¢omin8 resources are included in the SOFA when the charity is legally entitled to the income and the amouni can be quantified with r¢osonoble ac¢uracy. Resour¢¢s expended All expenditure is accounied for on an accruals basi5 and has been Classified under headings that aggr¢gate all costs related to Ilie category Where cost5 cannot be directly allributed to particular headings, Ihey have been allocaied to activiiies on a basis consistent with use of the resources. Tanglble fixed assets and depreciation Tangible fixcd assets are stLied al cosi le55 depreciation. Depreciation is provided at rales calculaled to wri(e off the cost less estimated residual Value of each a55et over its expected useful l ife. as follows- Fixtures and fittings- IOO/o reducing balance basis Page 7
BRADPOLE CHURCH PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS {Continued) FOR THE YEAR ENDED 31 AUGUST 2024 Tncome General Fund5 2024 Total Funds 2024 Total Funds 2023 DonAtlons *nd legAcle8 Donations 2.0?9 2,029 2,932 2,029 2,029 2,932 Chgrltable 4¢tlvltles Fees and grants 162,755 162,7SS 150.824 162,755 162,755 150.824 O¢h¢r tradlng adlvltl Income from other trdding activities Fundraising 93 ,413 1.506 Inves¢men¢ Income Interest received 38? 382 71 382 382 71 Expenditure on r8lJing fund$ 2024 2023 Fundraising costs 438 533 438
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BRADPOLE CHURCH PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 AiJGUST 2024 Expenditure on ¢harltable activitl¢s 2024 2023 Wages Consumables Rent Insurance Repairs Toys and books Unifornis and iraining Children's eniertainmenl Sundry expenses 129,897 1.945 42(Kl 1,216 2,533 3,597 1.025 1,064 318 111.065 3,150 4,200 1,043 2,350 4,207 77 1.477 224 145.795 127,793 Other costs 2024 2D23 Administration costs Subs¢rip(ion5 Ind¢penden( examin¢r5 fee Depreciation 1.205 676 400 3.095 1.090 424 420 2,836 5,436 4,770 Page 9
BRADPOLE CHURCH PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENfs {Continued) FOR THE YEAR ENDED 31 AUGUST 2024 Tonglble flxed assets Plant And Machlnery Cost: At I September 2023 Addiiion5 56,023 5,421 At 31 August 2024 61,444 Depreclailon: Ai I September 2023 Charge for rhe year 30,497 3.095 At 31 Au8USt 2024 33.592 Net book value: At 31 August 2024 27,852 At 31 Au8usI 2023 25.526 Debtors ahd prepayments 2024 2023 Debtors Prepayments 686 1.970 220 2,656 1,313 Page 10
BRADPOLE CHURCH PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 AUGUST 2024 Credltors 2024 2023 Payments e1ved on account Creditors Payroll taxes Pension fund Accruals 21.682 122 877 830 460 16.826 261 770 23,971 17,857 Flnanclal Ingtrumenls Th¢ company had the following financial instruments: 2024 2023 Financial a55ets ih&t are debi instruments measured al aTllOrtised cost Trade debtors 686 1,093 Financial liabilities measured at amortised cost Payments received on account Trade creditors Other ¢reditors 21,682 122 1.707 16,826 261 23,511 17,087 Page 11