Centre pre-school Colchester Financial statements for the year to 31 st July 2022 Charity Number 1035531
Centre pre-school Colchester Financial statements for the year to 31 st July 2022 ON Company Information Trustees. Report Statement of financial activities Balance Sheet Notes The following pages do not form part of the statutory accounts Accountants Report
Centre pre-school Colchester Trust information for the year to 31 st July 2022 Charity registration number 1035531 Trustees Lizanne Shiret Marie Wetton-smith Sue Lissimore Registered office 329 Straight Rd Colchester C039EF Bankers Nat West. 25 High St Colchester C011 DG Solicitors Birkett Long 42 Crouch St, Colchester C03 3HH Independent Examiner N8il Loxley Accountancy Services 39 Shakespeare rd Colchester C03 9DW
Centre pre-school Colchester Trustees report for the year to 31 st July 2022 Centre pre-school Colchester is a charitable trust reglslered in 1994 and governed by 8 constllution which was amended in 2002, 2006 and 2009. The charity seeks to enhance the development and education of children through the provision of quality pre-school education for 2- 5 year olds in the Colchesler area. Th& organlsation of th8 work of the charlty Is in the hands of the trustees, an 8leclod group, the majority of whom have children attending the pre-school. The group r8crull new members by making their work and involvement known to the parties connected with the pre-school and inviting interest. New truslees are voted onto the group by Ihe existing trustees. During the year under review th& charity has malntalned its services as a pre-school provider Financial Position The accounts on pages 5 and 6 sel out the transactions for the year. The trustees 8re satisfied with the overall position. The Iruslees are confident that the long term viability of the charity is not in questlon. bul have established the designated fund which is the amount calculated as a liability in staff redundancy payments in the ev8nt of the charlty belng wound up. Reserves policy The trustees have examined the charity's requirements for reserves in the light of the main risks lo th8 organisalion and consider that the unreslricled funds held by the charity should be between 2 and 12 months expenditure. Future plans The trustees plan to continue and grow the activi1195 of the pre-school in forthcoming years.
Centre pre-school Colchester Statement of financial activities for the year to 31 st July 2022 Design Reslricled ated fund fund Unrestricted funds Total unrestricted & totsl Incoming resourc8S from charitable activities 2021 Fees r8c6ived families {11 Essex County Council grant 23,68S 74 23,685 20.988 74,394 98,079 98,079 117,375 From generated funds Fund raising acthiities Interest 151 151 644 uniform 215 215 182 Donatior)s l other 1.279 Total incoming resources Charll#blè expenses Staff salarles & Nl costs (2,4) Staff development Rent 84,044 84,044 92,789 697 697 700 15,484 15,484 850 14,414 Refreshments & consumables 850 886 Toys & equipmenl Craft & stationery Uniforms 684 157 841 115 302 302 299 533 533 Insurance 510 510 503 Post slat & Tel 422 422 728 Ml8cellaneous 222 222 151 Cleaning Photographs Total charitabl8 exp8nses Admin expen8es- Accountancy Total resouices 8xpended 316 1,326 1.642 2,552 129 108 1,000 104,676 105,676 686 113.245 1010 Surplus for year Retained profil brought fOard Retained profit carried loard .6,629 34,197 ,629 4,184 47,195 17.182 51,379
Centre pre-school Colchester Statement of assets and liabilities as at 31st July 2022 Note 2021 Current assets Bank deposit accounts Bank current account 25.130 25,121 26,247 19,367 Cash in hand Total current assets Designaled funds Restricted funds 17,182 17,182 Unrèslrictgd funds Total funds On behalf of the Iruslees
Centre pre-school Colchester Notes to the accounts for the year to 31st July 2022 1. Accounting policies The accounts have been prepared in accordance with applicable accounting standards. There were no material departuies from those standards. al Basis of preparation of financial statements. The financial statements have been prepared und8r hlstorical cost accountlng rules. The effect of events relating to the year which occurred before the dale of approval of the financial statements by the Iruslee8. have been included in the slalements to the Èxtent required lo show a true and fair viow of the slate of affairs al the year end and of the results for the peliod ended on that date. b) Fund aGcounting Unrestricted funds are avallable for use al the discretion of the Iruslees in furtherance of the general objedives of the charity. Restricted funds are subjected to reslrlclions on their exp8nditur8 imposgd by the donor or through the terms of an appeal. The restricted funds are as follows Blf O Income & expenditure O clf O Th8 designatèd fund is an amount Sat aslde for the possibility of redundancy payments becoming due lo staff in the event of the centre closlng. c} Incomlng resources Income is inclL¢ded al the date the charity is entitled to that income. dl Resources expendable Expenses is recognised on an actual basis as a liability is pald el Capital equlpmenl The costs of minor additions or those less than £3000 are not capilalised bul fixed assets are staled at cost less accumulated depreciation. Depreeialion is pfovided at r8les calculated lo write off the cost of the asset over its expecled useful life, in 811 cases eslimaled at 4 y8ars. 2. Staff tosls and numbers There were 9 employees during the year. No employee received emoluments of more than £60,000. The cost of the highest paid employee was £21325 3. Creditors.. Amounts falling due within one year- £0, previous year.. £0 4. Trustee remuneration & related party transactions No trustee recoived any remuneration during the year. Apart from the benefit of the pre4chool provision offered lo the public, no Iruslee had any personal interest in any contract or transaction entered into by the charity during the year. 5. Taxation.. As a charity Centre PT8-school is exempt from laxalion on income and gains to the extent that these are applied lo the charitable objects. No lax ¢harges have arisen in the charity 6. Analysis of nel assets between funds Restricted funds Unrestrlcled funds total Net current assets 44750 44750 7. The restricted fund was 1000 received from CBC for equipment and cleanlng
Independent Examiner's report lo the Trustees of Centre pre-school Colchesler I report on Ihe accounts of the trust for the year ended 31st July, set out on pages 5 and 6. Respective responslbililies of trustees and examiner As the cl7arily's Iruslees you are responsible for the preparation of the accounts.. you consider that the audit requirement of section 144121 of the charities Act 2011 Ilhe Act) does not apply. It Is my responsibility to examine the accoltnts under section 145 of the 2011 Act, follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145 {5) Ib) of the Act, and stale whether particular matters have come lo my allenlion. Basis of indepondonl examiner's port My examination was carrisd out in accordance with the General Dlre¢llons given by the Charity Commiss¢oners. An examination includes a review of the accounting records kept by the charily and a comparison of the accounts presented wlth those records. 11 also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees concerning any such mallers. The procedures undertaken do not provid8 all the evidence that would be requlred in an audit, and consequently I do not express an audit opinion on the VI given by th8 accounts. Independent examinerfs statement In connection wllh my examination, no maller ha8 come to my atlentlon.. which gives mg reasonable cause to bg1i8ve that in any malarial respect the requirements to keep accounllng records in accordance with section 130 of the act., and to prepare accounts which accord with the accounting records and to compty with the accounting requirements of the act have not been met,. or 121 lo which. in my opinion, atlenlton should be drawn in order to enable a proper understanding of the accounts lo be reached Neil Loxley May 2023