2022-08-31-accounts - Shelf Pre-School

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Charity Number 1035756

Shelf Pre-school

Annual Report and Financial Statements for the year ended 31st August 2022

Shelf Pre-school

Shelf Pre-school
Contents Trustees' Report Examiner's Report Receipts and Payment Account Statement of Assets and Liabilities Notes to the Accounts	Page
	2 - 3 4 5 6 7 - 8

Shelf Pre-school

Trustees' Report for the year ended 31st August 2022

Reference and administrative details for the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved.

Name Position Dates Jenny Wilson General Appointed November 2016 Katie Ashton Chair Appointed November 2016 James Hoban General Appointed December 2017 Kathryn Hamilton Secretary and Treasurer Appointed December 2017 Charlotte Metcalf General Appointed January 2019

Charity number

The charity was registered with the Charity Commission for England and Wales, charity number 1035756, 19 April 1994.

Registered and principal address

Shelf Village Hall Halifax Road Shelf HX3 7NT

Bankers

Virgin Money 7 Waterhouse Street Halifax HX1 1XZ

Barclays Bank PLC 1 Churchill Place London E14 5HP

Independent Examiner

Alex Shaw BA ACA 68 Whitcliffe Road Cleckheaton Bradford West Yorkshire BD19 3BY

Shelf Pre-school

Trustees' Report

for the year ended 31st August 2022 (continued)

Structure, governance and management

The charity is governed by a constitution adopted on 13 October 1980, as amended on 12 October 1992, 29 November 2011 and 17 July 2012.

Method of recruitment and appointment of trustees

The trustees of the charity are appointed by the members at the AGM.

Objectives and activities

The charity's objectives

To enhance the development and education of children primarily under statutory age by encouraging parents to understand and provide for the needs of their children through community groups and by:

(a) offering appropriate play, education and care facilities, family learning and extended hours groups 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 whatever their race, culture, religion, means or ability;

(b) encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local area;

Public benefit statement

In setting our objectives and planning our activities, our trustees have given serious consideration to the Charity Commission's general guidance on public benefit and in particular the advancement of education in line with the Early Years Foundation Stage, to provide care and education to children aged 2 - 5.

Reserves policy

It is the policy of the Pre-School to hold reserves which have not yet been committed or designated for any particular purpose. The management committee have set aside reserves in order to protect the future financial operations of the pre-school from the effects of any unforseen variations in its income streams as part of a policy of good financial management practice. The value of the reserve is equivalent to approximately three to four months running costs.

Shelf Pre-School will endeavour to allocate sufficient funds to the savings account as required.

This policy is in line with guidance from the charities commission, the pre-school learning alliance and advice from WYCAS good practice guide.

The reserves policy will be reviewed annually to ensure three to four months running costs can be maintained.

Shelf Pre-school

Independent Examiner's Report to the Trustees of Shelf Pre-school for the year ended 31st August 2022

I report to the trustees on my examination of the accounts of Shelf Pre-school for the year ended 31 August 2022, which are set out on pages 5to 8.

Responsibilities and basis of report

As the charity trustees of Shelf Pre-school you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act')

I report in respect of my examination of Shelf Pre-school's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the 2011 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 in any material respect:

(1) accounting records were not kept in respect of Shelf Pre-school as required by section 130 of the 2011 Act, or

(2) the accounts do not accord with those records.

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.

Signed ……………………………………………. Name: Alex Shaw

Relevant professional qualification or body:

ICAEW (Institute of Chartered Accountants in England and Wales)

Date: 16 July 2024

Alex Shaw BA ACA

68 Whitcliffe Road Cleckheaton Bradford West Yorkshire BD19 3BY

Shelf Pre-school

Receipts and payments account for the year ended 31st August 2022

2022 2022 Unrestricted Restricted Funds Funds £ £ 0 75,002 15,723 0 1,548 0 12 0 151 0 0 0 2,034 0	2022 2022 Unrestricted Restricted Funds Funds £ £ 0 75,002 15,723 0 1,548 0 12 0 151 0 0 0 2,034 0	2021 Total Funds £ 85,616 11,864 2,017 4 349 0 440
19,468	75,002	100,290
14,101 475 102 1,696 151 0 69 0 64 58 30 63 222 0 190 0 699 17 45 17 0 0 116 0 0 11	68,997 2,220 606 4,405 890 0 404 0 370 338 209 404 2,025 0 449 0 0 102 255 100 0 0 678 0 0 63	89,982 2,799 460 5,020 1,173 0 202 516 193 417 186 778 156 595 416 0 791 0 650 0 0 0 234 0 0 0
18,126	82,515	104,568

1,342	-7,513	-4,278

39,624	7,613	51,514

40,966	100	47,237

Shelf Pre-school

Statement of assets and liabilities

as at 31st August 2022

Cash funds Cash at bank - Current account - Deposit accounts Cash in hand Total Payments Other monetary assets Fees outstanding - taken from Debtors list Rates paid in advance Rent paid in advance Insurance paid in advance Payroll fee paid in advance HMRC Assets retained for the charity's own use Various toys, furniture and play and computer equipment. Liabilities HMRC month 6 Pension month 6 Service and utility charges Rent Independent examination	2022 2022 Unrestricted Restricted £ £ 14,493 7,577 17,863 0 92 35	2022 2022 Unrestricted Restricted £ £ 14,493 7,577 17,863 0 92 35	2022 Total £ 22,070 17,863 127 40,060 £ 0 0 1,325 0 0 0 1,325 £ 0 0 0 0 300 300		2021 Total £ 29,271 17,860 106
	32,448 7,612				47,237
					£ 898 0 0 759 268 301
					2,226
					£ 0 0 0 0 300
					300

Approval of the accounts

The financial statements were approved at a meeting of the trustees and signed on its behalf by:

----- Start of picture text -----
Signature ................... ......................... ...................
Name ................... ......................... ................... (Trustee)
Date ................... ......................... ...................
----- End of picture text -----

Shelf Pre-school

Notes to the accounts

for the year ended 31st August 2022

1 Accounting policies

Basis of accounting

The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.

There has been no change to the accounting policies since last year.

Taxation

As a registered charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal

Further examination of the nature and purpose of each fund is included in the notes to the accounts.

2022 2022 Unrestricted Restricted Funds Funds £ £ 0 75,002 0 0 0 0 0 0	2022 2022 Unrestricted Restricted Funds Funds £ £ 0 75,002 0 0 0 0 0 0	2021 Total Funds £ 85,616 0 0 0
0	75,002	85,616
		£ 82,776 7,206 2,799
		92,781

The average number of employees during the year was 9 (2021: 8) There were no employees with emoluments above £60,000

Shelf Pre-school

Notes to the accounts (continued)

for the year ended 31st August 2022

4 Restricted funds CMBC - Early Education Funding M&S Garden Project Fund name CMBC - Early Education Funding M&S Garden Project		Balance b/f £ 7,577 35	Incoming £ 75,002	Outgoing £ 82,515	Balance c/f £ 64 35
		7,612	75,002	82,515	99
	Purpose of restriction For the supply of free early years provision for 2 to 4 year olds For improving the garden area

5 Trustee expenses

No trustee received any expenses during this or the previous financial year.

6 Related party transactions

There were no related party transactions during this or the previous financial year.