**Charity Number 1035756** ## **Shelf Pre-school** **Annual Report and Financial Statements for the year ended 31st August 2024** ## **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| |---|---| - 1 - **Shelf Pre-school** ## **Trustees' Report** ## **for the year ended 31st August 2024** ## **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|Treasurer|Appointed November 2016| |Kathryn Hamilton|Secretary and Chair|Appointed December 2017| |James Hoban|General|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 Barclays Bank PLC 7 Waterhouse Street 1 Churchill Place Halifax London HX1 1XZ E14 5HP ## **Independent Examiner** Alex Shaw BA ACA 68 Whitcliffe Road Cleckheaton Bradford West Yorkshire BD19 3BY - 2 - ## **Shelf Pre-school** ## **Trustees' Report** ## **for the year ended 31st August 2024 (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; (c) instilling and adhering to and furthering the aims and objectives of the Pre-School Learning Alliance. ## **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. - 3 - **Shelf Pre-school** ## **Independent Examiner's Report to the Trustees of Shelf Pre-school** ## **for the year ended 31st August 2024** I report to the trustees on my examination of the accounts of Shelf Pre-school for the year ended 31 August 2024, which are set out on pages 5 to 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: 10 March 2025 ## **Alex Shaw BA ACA** 68 Whitcliffe Road Cleckheaton Bradford West Yorkshire BD19 3BY - 4 - ## **Shelf Pre-school** ||**Shelf Pre-school**|**Shelf Pre-school**|**Shelf Pre-school**|**Shelf Pre-school**|**Shelf Pre-school**|||| |---|---|---|---|---|---|---|---|---| |**Receipts**
Grants and donations
Fees
Fundraising
Bank interest
Uniform sales
CJRS
Other income (inc Trips)
**Total Receipts**
**Payments**
Salaries and NI
Pensions
Payroll costs
Premises
Insurance
Fundraising expenditure
Session consumables
Equipment
Telephone and internet
Subscriptions
Admin, printing, postage and stationery
Cleaning
Repairs and maintenance
Staff training
Child snacks
Travel
Trips
Advertising
Independent examination
Legal and other professional fees
Bank charges
Bookkeeping
Uniforms
Garden project
Bad debt write off
Sundry expenses
**Total Payments**
**Net Receipts / (Payments)**
**Cash Fund Balances brought forward**
**Cash Fund Balances carried forward**|**Receipts and payments account**
**for the year ended 31st August 2024**
**2024**
**2024**
**Unrestricted**
**Restricted**
**Notes**
**Funds**
**Funds**
**£**
**£**
**2**
0
145,603
8,700
0
403
0
1,253
0
76
0
0
0
338
0
10,770
145,603
**3**
9,544
129,930
346
4,708
41
559
535
5,961
21
287
2
26
79
1,078
0
1,795
18
245
146
2,611
14
192
43
579
137
1,858
68
932
80
1,093
77
968
700
0
5
75
0
250
5
65
0
0
0
0
69
934
0
0
0
0
12
170
11,942
154,316
-1,172
-8,713
36,976
23,910
**4**
35,804
15,197|||||**2024**
**Total**
**Funds**
**£**
145,603
8,700
403
1,253
76
0
338
156,373
139,474
5,054
600
6,496
308
28
1,157
1,795
263
2,757
206
622
1,995
1,000
1,173
1,045
700
80
250
70
0
0
1,003
0
0
182
166,258
-9,885
60,886
51,001||**2023**
**Total**
**Funds**
**£**
132,778
23,644
1,441
835
116
0
1,872| |||
**Notes**
**2**
**3**
**4**||||||| |||||10,770|145,603|||160,686| |||||9,544
346
41
535
21
2
79
0
18
146
14
43
137
68
80
77
700
5
0
5
0
0
69
0
0
12|129,930
4,708
559
5,961
287
26
1,078
1,795
245
2,611
192
579
1,858
932
1,093
968
0
75
250
65
0
0
934
0
0
170|||114,264
3,677
600
6,218
295
172
1,501
0
805
2,453
597
676
311
0
1,077
0
1,024
156
250
296
0
0
579
0
0
0| |||||11,942|154,316|||134,951| |||||||||| |||||-1,172|-8,713|||25,735| |||||||||| |||||36,976|23,910|||35,151| |||||||||| |||||35,804|15,197|||60,886| - 5 - ## **Shelf Pre-school** ## **Statement of assets and liabilities** ## **as at 31st August 2023** |**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
Subs
Independent examination|**2024**
**2024**
**2024**
**Unrestricted**
**Restricted**
**Total**
**£**
**£**
**£**
4,669
23,875
28,544
18,013
0
18,013
247
35
282
22,929
23,910
46,839
**£**
0
0
1,325
0
0
0
1,325
**£**
0
0
0
627
250
877|**2024**
**2024**
**2024**
**Unrestricted**
**Restricted**
**Total**
**£**
**£**
**£**
4,669
23,875
28,544
18,013
0
18,013
247
35
282
22,929
23,910
46,839
**£**
0
0
1,325
0
0
0
1,325
**£**
0
0
0
627
250
877|**2024**
**2024**
**2024**
**Unrestricted**
**Restricted**
**Total**
**£**
**£**
**£**
4,669
23,875
28,544
18,013
0
18,013
247
35
282
22,929
23,910
46,839
**£**
0
0
1,325
0
0
0
1,325
**£**
0
0
0
627
250
877|**2023**
**Total**
**£**
42,765
17,938
182| |---|---|---|---|---| ||22,929|23,910|
**£**|60,885| |||||**£**
0
0
1,325
0
0
0| |||||1,325| ||||**£**|**£**
0
0
0
0
550| |||||550| ## **Approval of the accounts** The financial statements were approved at a meeting of the trustees and signed on its behalf by: Signature ................... ......................... ................... Name ................... ......................... ................... (Trustee) Date ................... ......................... ................... - 6 - **Shelf Pre-school** ## **Notes to the accounts** ## **for the year ended 31st August 2024** ## **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. ## **2 Grants and donations** |**Grants and donations**
CMBC - Children & Young People's Services
City of Bradford MDC
Other grants
Donations|**2024**
**2024**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**
0
145,603
0
0
0
0
0
0|**2024**
**2024**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**
0
145,603
0
0
0
0
0
0|**2024**
**2024**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**
0
145,603
0
0
0
0
0
0|**2024**
**Total**
**Funds**
**£**
145,603
0
0
0
145,603||**2023**
**Total**
**Funds**
**£**
132,778
0
0
0| |---|---|---|---|---|---|---| |||0|145,603|||132,778| - **3 Staff costs and numbers** |**Staff costs and numbers**
Staff remuneration (net)
Social security costs
Pensions|**£**
127,744
11,730
5,054
144,528|**£**
112,012
2,252
3,677| |---|---|---| |||117,941| The average number of employees during the year was 11 (2023: 9) There were no employees with emoluments above £60,000 - 7 - ## **Shelf Pre-school** ## **Notes to the accounts (continued) for the year ended 31st August 2024** |**4**
**Restricted funds**
CMBC - Early Education Funding
M&S Garden Project
**Fund name**
CMBC - Early Education Funding
M&S Garden Project||**Balance b/f**
**£**
23,875
35||**Incoming**
**£**
145,603||**Outgoing**
**£**
154,316||**Balance c/f**
**£**
15,162
35| |---|---|---|---|---|---|---|---|---| |||23,910||145,603||154,316||15,197| ||**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. - 8 -