DORIS VENNER PRE-SCHOOL
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2021
DORIS VENNER PRE-SCHOOL
LEGAL AND ADMINISTRATIVE DETAILS
| Trustees | Peter Churchill |
|---|---|
| PratikParikh | |
| Babara Korzeniak Parikh | |
| Maria Churchill | |
| Principal Address | The Venner Community Centre |
| The Manor Drive | |
| Worcester Park | |
| Surrey | |
| KT4 7LG | |
| Charity Registration Number | 1036207 |
| Accountants | Emma Millard AAT |
| 64 Cumberland Drive | |
| Chessington | |
| Surrey | |
| KT9 1HH | |
| Bankers | Barclays Bank PLC |
| 165, Central Road | |
| Worcester Park | |
| Surrey | |
| KT4 8DS |
DORIS VENNER PRE-SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2021
| A Incoming Resources A1 Incoming resources from generated funds A1a Voluntary Income A1b Activities for generating funds A1c Investment income A2 Incoming resources from charitable activities Total incoming resources B Resources Expended B1 Costs of generating funds B1a Fundraising trading: cost of goods sold and other costs B2 Charitable activities Total resources expended Net incoming/outgoing resources before transfers Total funds brought forward Total funds carried forward |
Prior Year Unrestricted Restricted Total Total Funds Funds Funds Funds 234,780 0 234,780 194,823 20,516 0 20,516 14,444 83 0 83 292 45,714 0 45,714 51,984 £301,093 £0 £301,093 £261,543 1,112 0 1,112 -234 273,914 0 273,914 263,161 £275,026 £0 £275,026 £262,927 26,067 0 26,067 -1,384 182,528 0 182,528 183,912 £208,595 £0 £208,595 £182,528 |
|---|---|
2
DORIS VENNER PRE-SCHOOL
BALANCE SHEET AS AT 31 AUGUST 2021
| A A1 A2 A3 B C C1 C2 |
Notes Current assets Stock of uniforms 5 Debtors Cash at bank and in hand Total current assets Liabilities Creditors: amounts falling due within one year 6 Net current assets Total assets less current liabilities The funds of the charity Restricted income funds Unrestricted income funds Total charity funds |
2021 2,881 0 210,069 212,950 4,355 208,595 £208,595 0 208,595 £208,595 |
2020 2,721 0 185,405 188,126 5,598 182,528 £182,528 0 182,528 £182,528 |
|---|---|---|---|
The financial statements were approved by the board of trustees on ……………………………………….. and were signed by:
Trustee
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NOTES TO THE FINANCIAL STATEMENTS
DORIS VENNER PRE-SCHOOL
FOR THE YEAR ENDED 31 AUGUST 2021
1 ACCOUNTING POLICIES
Basis of preparation of financial statements
The financial statements have been drawn up under the historical cost convention and in accordance with applicable accounting standards and the Charities Statement of Recommended Practice on Accounting.
2 INCOMING RESOURCES
Grants
The total of grants received was £234,469.03.These grants were received from the Royal Borough of Kingston upon Thames and HMRC Furlough Scheme.
Parents' fees
Parents fees represents the total amount collected from parents in the year.
3 TRUSTEES REMUNERATION
None of the trustees received any remuneration or benefits during the year. Expenses fully incurred on the charity's business were reimbursed when claimed.
4 TAXATION
Doris Venner Pre-School is a registered charity and its activities fall within the exemptions under the Income and Corporation Taxes Act 1988.
5 STOCKS
The stock of uniforms is valued at the lower of cost and net realisable value.
| 6 7 |
CREDITORS Creditors and accruals RESERVES Restricted Funds Unrestricted Funds |
2021 2020 £4,355 £5,598 MOVEMENT 1 SEPTEMBER IN THE 31 AUGUST 2020 YEAR 2021 0 0 0 182,528 26,067 208,595 £182,528 £26,067 £208,595 |
|---|---|---|
The financial reserves policy is under review at an indicitive value of £75,000 and will be confirmed.
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DORIS VENNER PRE-SCHOOL
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2021
| A Incoming Resources A1 Incoming resources from generated funds A1a Voluntary Income Grants Donations A1b Activities for generating funds Fund raising activities Uniforms Milk money Lunch club Christmas Fayre Photos and DVDs A1c Investment Income Bank interest A2 Incoming resources from Charitable Activities Parental fees New Starter Registrations Outings Other Total incoming resources Total resources expended - (see page 10) Net incoming/outgoing resources before transfers Gross transfers between funds Net incoming resources before other recognised gains and losses |
2021 234,469 311 234,780 2,246 550 3 17,694 0 23 20,516 83 44,554 1,160 0 0 45,714 301,093 275,026 26,067 0 £26,067 |
2020 193,460 1,363 194,823 1,519 628 86 12,100 90 111 14,534 292 51,384 510 0 0 51,894 261,544 262,927 -1,384 0 -£1,384 |
|---|---|---|
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DORIS VENNER PRE-SCHOOL
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2021
| B1 | Costs of generating funds | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|---|
| B1a | Costs of generating voluntary income | ||||||
| Fund raising expenses | 418 | 292 | |||||
| Uniforms | |||||||
| Opening Stocks | 2,721 | 2,194 | |||||
| Add: Purchases | 854 | 0 | |||||
| Less: Closing Stocks | -2,881 | 694 | -2,721 | -526 | |||
| Christmas Fayre | 0 | 0 | |||||
| B2 | Charitable activities | 1,112 | -234 | ||||
| Salaries and National Insurance | 234,261 | 232,544 | |||||
| Secretarial services | 3,308 | 3,289 | |||||
| Educational supplies | 5,779 | 8,680 | |||||
| Staff Entertainment and gifts | 893 | 429 | |||||
| Other staff costs | 947 | 366 | |||||
| Hire of hall | 15,563 | 7,375 | |||||
| Training | 1,200 | 410 | |||||
| Refreshments | 688 | 954 | |||||
| Outings and entertainment | 1,357 | 693 | |||||
| Milk | 0 | 200 | |||||
| Insurance | 582 | 557 | |||||
| Telephone | 951 | 1,065 | |||||
| Stationery and printing | 1,888 | 771 | |||||
| Computer equipment and software | 943 | 1,652 | |||||
| Cleaning materials | 2,095 | 1,145 | |||||
| General room supplies | 1,386 | ||||||
| Repairs & maintenance | 0 | 1,576 | |||||
| Accountancy | 500 | 480 | |||||
| Subscriptions | 888 | 426 | |||||
| Bank charges | 308 | 446 | |||||
| Other | 377 | 104 | |||||
| 273,914 | 263,161 | ||||||
| Total resources expended | £275,026 | £262,927 |
DORIS VENNER PRE-SCHOOL REPORT OF THE COMMITTEE FOR THE YEAR ENDED 31[ST] AUGUST 2021
The Trustees submit their annual report, together with the financial statements of the charity, for the year ended 31[st ] August 2021, which comply with the current statutory requirements of the charity’s governing document.
Reference and administration
The charity’s name is Doris Venner Pre-School and its registered number is 1036207.
Structure, governance and management
Doris Venner Pre-School is a registered charity which adopted it’s current constitution on 12[th] March 2013 and became a registered charity on 15[th] April 1994.
The overall direction of the charity is determined by the trustees, who are also members of the committee of management. The committee of management is responsible for the day to day management of the charity’s activities.
New officers are elected to the committee by voting for a nominated person at the annual general meeting. Trustees, if required, are then nominated from this committee and voted for in a similar manner.
Trustees and committee members receive no remuneration from the charity for their services as trustees and committee members.
Parents are also encouraged to support the committee in other areas such as fund raising, admissions and the arrangement of a parent rota.
Objectives and activities
The charity was set up to help maintain the pre-school. The children attending the Pre School are drawn from the local community and consist of those who can pay session fees, require special needs, and those that are under privileged. The fees charged, together with the grants received for eligible children, are used primarily to pay staff salaries, rent of the premises, relevant liability insurance & business insurance & equipment & materials suitable for registered children.
Any funds raised through charitable events are used to purchase additional materials, books, equipment, run educational trips and miscellaneous expenses relating to the running of the Pre School.
Financial review
The reserves as at 31[st] August 2020 were £208,595. The charity maintains sufficient reserves to meet any debts as they fall
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy, the financial position of the charity and to enable them to both ascertain the financial position of the charity and to ensure that the financial statements comply with applicable legislation, regulations and the trust deeds. 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