Lilleshall Pre-School
Financial Statements
Year ended 31 March 2023
Registered Charity Number 1036071
Lilleshall Pre-School
Contents of the Financial Statements
for Year Ended 31st March 2023
| Page | |
|---|---|
| Independent Examiner's Report | 1 |
| General Fund: Receipts and payments account | 2 |
| Restricted Fund: Receipts and payments | 3 |
| Statements of assets and liabilities | 4 |
| Notes to the Financial Statements | 5 |
Lilleshall Pre-School
Independent Examiner's Report to the Trustees of Lilleshall Pre-School
for Year Ended 31st March 2023
I report on the accounts of the Trust for the year ended 31st March 2023, which are set out on pages 1 to 6.
Respective responsibilities of 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 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 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.
……………………………………
Date…………………….
Barry Talbot FCCA
Page 1
Lilleshall Preschool
General Fund Receipts and Payments
for Year Ended 31st March 2023
| Receipts Funding from Telford and Wrekin Council Fees Payments Salaries & Pension Staff training Premises Children's food/toys/hygiene Administration Accountancy & payroll fees Repairs Other Excess receipts over expenditure Surplus on fundraising activities Surplus for the year |
£ £ 81,451 24,220 105,672 81,263 1,088 10,859 2,343 1,810 1,702 - 556 99,619 6,052 2,846 8,898 2023 |
£ £ 71,492 26,624 98,116 67,625 1,091 9,946 1,699 1,007 674 - 397 82,440 15,676 4,377 20,053 2022 |
£ £ 71,492 26,624 98,116 67,625 1,091 9,946 1,699 1,007 674 - 397 82,440 15,676 4,377 20,053 2022 |
|---|---|---|---|
| 98,116 82,440 |
|||
| 15,676 4,377 |
|||
| 20,053 |
Page 2
Lilleshall Pre-School
Restricted Funds
Receipts and Payments for the year ended 31st March 2023
| Marketing Fund Cash/bank balance at 1st April 2022 Cash/bank balance at 31st March 2023 Reserve Fund Receipts Interest received Transfers from the General Fund Cash/bank balance at 1st April 2022 Cash/bank balance at 31st March 2023 |
2023 £ 99 99 2023 £ 51 8,898 59,707 68,656 |
2022 £ 99 99 2022 £ 1 20,053 39,652 59,707 |
2021 £ 99 |
|---|---|---|---|
| 99 | |||
| 2021 £ 1 15,134 24,517 |
|||
| 39,652 |
Page 3
Lilleshall Pre-School
Statement of Assets and Liabilities as at 31st March 2023
1. Monetary Assets
| 1. Monetary Assets | |||||
|---|---|---|---|---|---|
| Balances as at 1st April 2022 Excess receipts/(payments) for the year: General Fund Restricted Fund Balances as at 31 March 2023 |
Cash 425 (222) - 203 |
Bank Current Account 41,086 5,447 - 46,533 |
Bank Fundraising Account 6,166 1,873 - 8,039 |
Bank Bonus Saver Account 12,129 1,851 13,980 |
Total 59,806 8,949 - |
| 68,755 |
2. General and Restricted Funds
| Balances as at 1st April 2022 Excess receipts over payments for the year Movement to the General Fund Balances as at 31 March 2023 |
General Fund - 8,949 (8,949) - |
Marketing Fund (restricted) 99 - - 99 |
Reserve Fund (restricted) 59,707 - 8,949 68,656 |
Total 59,806 8,949 - |
|---|---|---|---|---|
| 68,755 |
3. Other Assets
a) The Pre-School building is leased from Telford and Wrekin Council and insured through them.
b) The contents of the building have not been valued for financial accounts purposes but have been insured.
Page 4
Lilleshall Pre-School
Report of the Trustees for the Year Ended 31st March 2023
Statement of Responsibilities of Trustees
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these accounts, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principals in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
-
prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports).
Regulations 2008 and the provisions of the constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
…................................................... …...................................... Signed on Behalf of the Trustees Date
Page 5
Lilleshall Pre-School
Notes to the Financial Statements for the Year Ended 31st March 2023
1. Format of the accounts
The accounts have been prepared on the receipts and payments basis.
2. Detailed Analysis of General Fund Payments
| Premises Electricity Insurance Repairs and Maintenance Refuse Collection Rent Water Charges Children's Food/Toys/Hygiene Food Hygiene Toys & equipment Administration Stationery & postage Subscriptions Telephone Advertising Licenses Gifts Other Bank/Interest charges Other Travel DBS check Uniform |
2023 £ 2,400 1,646 2,720 661 3,122 310 10,859 2023 £ 562 944 837 2,343 2023 £ 927 - 535 - 133 215 1,810 2023 £ 131 - - 213 212 556 |
2022 £ 2,216 2,293 393 615 4,130 298 |
|---|---|---|
| 9,946 | ||
| 2022 £ 280 752 667 |
||
| 1,699 | ||
| 2022 £ 284 37 408 113 40 125 |
||
| 1,007 | ||
| 2022 £ 63 58 2 64 211 |
||
| 397 |
Page 6
Lilleshall Pre-School
Notes to the Financial Statements for the Year Ended 31st March 2023
3. Detailed analysis of surplus on fundraising activities
| General Fundraising Charitable Giving Advertising Training courses |
2023 Surplus £ 2,731 115 - - 2,846 |
2022 Surplus £ 3,052 300 750 275 |
|---|---|---|
| 4,377 |
Page 7