Peach&Co. Chartered Accountants & Buslness Advisers NEWTON SOLNEY PRE-SCHOOL Report of the Trustees & Financial Statements for the Year Ended 31 March 2024 Charity No: 1035402 Peach & Co., Chartered Accountants & Business Advisers Sulte 3 | ¢luantum House Skyllne Court | Third Avenue Centrum 100 i Burton upon Trent I StaffordshI | DE14 2BZ Tel .' 01283 566441 or 564014 | Email . sue@peachco.co.uk | www.pea¢hco.co.uk Principal.. S L Hall BA (Honsl ACA
NEwfoN SOLNEY PRE-SCHOOL Contents of the Financial Statements for the year ended 31 March 2024 Page Legal and Administrative Information Trustees. Report Independent Examiner's Report Receipts and Payments Account Staternent of Assets and Liabilities Notes to the Financial Statements
NEwfoN SOLNEY PRE-SCHOOL Legal and Administrative Information for the year onded 31 March 2024 Charity Number 1035402 Principal Office NOn Solney p-School Trent Lane Newton Solney Staffordshire DE14 OSF Independent Examiner Mrs S L Hall ACA Peach & Co Suite 3. Quantum House Skyline Court Third Avenue Centrum 100 Burton on Trent Staffordshire DE14 2BZ Bankers Royal Bank of Scotland Customer SeNices Centre Drummond House 1 Redheughs Avenue Edinburgh EH12 9JN National Westminster Bank Derby Cty Leicester Customer Service Centre 11 Western Boulevard Bede Island LE2 7EJ
NEwfoN SOLNEY PRE-SCHOOL Trustees, Report for the year ended 31 March 2024 The Trustees present their report and the financial statements of the Charity for the year ended 31 March 2024. Trustees and Committee Members The CommFttee Members, who are responsible for the management of the Pre-school are also its Trustees. The following were Committee Members during the period under review., Offlc•rs: Chair Mrs C Baker Treasurer Mrs H Ford Secretary Ms P Owen Manager Mrs G Williamson Other Committee Members: Mrs E Cook The present Committee are.. Officers: Chair Mrs C Baker Treasurer Mrs H Ford Secretary Ms P Owen Manager Mrs G Williamson Other Committee Members.. Mrs E Cook Governing Document Newton Solney Pre School is governed by a constitution originally approved in May 2008 and is a Registered Charity, Number 1035402. Rruitrnent and Appolntment of Management Committee The Management Committee oversee the running of the Charity and determine its strategic plans. The Constitution decrees that the Committee should consist of a Chair. Secretary and Treasurer who are honorary officers of the Charity, together with a minimum of two other committee members, some of whom may be co-opted from other voluntary organisations or statutory authorities. Under the terms of the Constitution, the Trustees are eligible, in committee, to appoint new Trustees to fill casual vacancies until they can be re-elected at the next Annual General Meeting. The Management Committee are a selection of people from all walks of lffe with different degrees of experience and expertise.
NEWTON SOLNEY PRE4CHOOL Trusteas, Report for the year ended 31 March 2024 Financial Review The Pre-school has recorded an excess of income over expenditure of £6,312 for the year ended 31 March 2024 (2023.. £17,225 excess of expenditure over income). Alms, Objectives and Activitles The overall aims and objectives of the organisation are totally focused on public benefit and can be summarised as belng: To enhance the developm8nf and education of children prlmarily under statutory school age by encouraging parents to understand and pmvide for Ihe needs of their children through community groups. When planning activities the Committee have considered the Charty Commission's guidance on public benefit. The main actlvities consist of: OfferirKJ appropriate play facilities and training courses, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all Children, regardless of race. culture, religion or means. Encouraging the study of the needs of such chIldn and their families and promoting public interest in and recognition of such needs in the local areas. Instigating and adhering to the furthering the aim of the Pre-school Leaming Alliance. Reserves Policy The Management Committee have estsblished a reserves policy whereby the unrestricted furKls not committed or invested in tanglble red assets held by the Charity should be equal to a minimum of 6 months forecast expenditure. The reserves are needed to meet the working capital requirements of the Charity. By the balance sheet date there were not any funds designated for speclfic purposes - see Financial Review above. Approved by the Trustees on 12 February 2025 and signed on their behalf by: Mrs C Baker Mrs G Williamson
NEWTON SOLNEY PRE4CHOOL Independent Examlner's Report to the Truslees of Newton Solnèy Prewschool I report on the accounts of the Charity for the year ended 31 March 2024, which are set out on pages 5 to 8. Respective Responsibilities of the Trustees and Examiner The Charity's Trustees are responsible for the preparation of the accounts. The Charity's Trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the Act). (as amended by s.28 of the Charities Act 2006) and that an independent examination is needed. It is my responsibilily to.. examine the accounts (under section 43 of the Act. as amended)., follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the Act, as amended),- and state whether particular matters have come to my attention. Basis of Independent Examlner's Statement My examination was carried out in accordance with the General Directions glven by the Charity Commissioners. An examination includes a review of the accounting records kept by Ihe Charlty and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the sccounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be requlred in an audit, and consequently I do not express an audlt opinion on the view given by the accounts. Independant Examiner's Statement In connection with my examination, no matter has come to my attention: which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the Act," and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met", or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. MrsSLHallACA Peach & Co. Chartered Accountants Suite 3. Quantum House Skyline Court Thlrd Avenue Centrum 100 Burton on Trent Staffordshire DE14 28Z Date: 12 February 2025
NEwfoN SOLNEY PRE-SCHOOL Recelpts and Payments Account for the year ended 31 March 2024 Notes Unrestrlctod Funds Restricte Total 2024 Total 2023 Funds Receipts General receipts 65,990 65,990 43,026 Grants received Fundraising & donations 910 910 698 Investment income - bank interest received Total Receipts 66.900 66,900 43,727 Payments Fundraising expendlture Management and administration 60,343 60,343 48,478 Sub total 60,343 60.343 48,478 Capital expenditure 245 245 12,474 Total Paymonts 60,588 60.588 60.952 Surplusl(D•ficit) of recelpts over payments 6,312 6,312 (17,225) Cash funds at 1 April 2023 21.379 21,379 38.604 Cash funds at 31 March 2024 £27.691 £nil £27.691 £21,379 The notes on pages 7 and 8 form part of these accounts
NEwfoN SOLNEY PRE-SCHOOL Statemant of Assets and Llabllltles as at 31 March 2024 Notes Unrestricted Funds Restrict•d Funds Total 2024 Total 2023 Cash Funds Current account 27,691 27,691 21,379 Total Funds £27,691 £nil £27,691 £21.379 Assets retained for the charity's own use Total 2024 Total 2023 At cost Current Liabilities Total 2024 Total 2023 SDDC- rent Independent examiners fees Payroll preparation fees 1,469 504 156 1,509 936 156 2,129 2.601 Approved by the Trustees on 12 February 2025 and signed on their behalf by: Mrs C Baker Mrs G Williamson The notes on pages 7 and 8 form part of these accounts
NEwfoN SOLNEY PRE-SCHOOL Notes lo the Financial Statements for the year ended 31 March 2024 General Funds Restricted Funds Total 2024 Total 2023 General Receipts Funding Fees Employment allowance Sundry income 51.997 12.335 1,594 51.997 12.335 1,594 24.337 16.947 1.201 541 65,990 65,990 43,026 General Funds Restricted Funds Total 2024 Total 2023 Management and Administration Staff costs Rent and storage Electricity Materials. activities and events Cleaning Small toys, books and equipment Stationery and advertising Milk arKI refreshments Maintenance and repairs Training Sundry expenses Unrforms Subscriptions, licences and insurance Payroll preparation Accountancy Telephone Bank charges 48,443 5,143 401 742 140 267 72 257 702 458 438 193 48,443 5,143 401 742 140 267 72 257 702 458 438 193 38.134 4,699 339 611 64 43 118 1,136 350 922 106 174 618 624 936 582 624 936 582 673 23 60,343 60.343 48,478
NEwfoN SOLNEY PREcHOoL Notes to the Financlal Statements for the year ended 31 March 2024 Assets retalned for charlty's ¢>wn use When Acquired At cost Storage arKI display units Mobile book organiser Art mobile trolley Art and book trolleys Printer banner Clearview sand and water activity Water and sand activity 5 Hudl tablets Lunchbox trolley Sand and waterplay table Frurt Trolley Art cupboard 2 Jumbo tray units Shed Low level mobile quad island Dell laptop JVC 32" smart TV Samsung tablet Playground Valencia group table April 07 May 07 May 07 May 07 Oct 08 Oct 08 Sept 10 Jan 15 April 19 Jan 20 Oct 21 Oct 21 Oct 21 Dec 21 Jan 22 Mar 22 Mar 22 Mar 22 April 22 Feb 24 1.719 117 234 350 358 211 256 320 175 198 291 791 591 3.686 247 499 200 219 12.474 245 Total £23,181