Charity number: 1036221
Tiny Tots Preschool
Report of the Trustees and Unaudited Financial Statements
For the year ended 30 September 2024
Tiny Tots Preschool Contents Page For the year ended 30 September 2024
| Report of the Trustees | 1 to 2 |
|---|---|
| Independent Examiner's Report to the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 9 |
| Detailed Statement of Financial Activities | 10 |
Tiny Tots Preschool Report of the Trustees
For the year ended 30 September 2024
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 30 September 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
Chair's report
I present my report for the accounts for the year ended 30th September 2024
OBJECTIVES AND ACTIVITIES
The object of the preschool is to provide a safe place for children of preschool age. To help children learn foundation skills to be ready for nursery and keystage 1 To encourage participation in learning through varied materials and activities. To support optimal physical, emotional, social, and cognitive development. The preschool is Ofsted registered
Objectives and aims
The aims and objectives are to enhance the development and education primarily under statutory school age by encouraging parents to understand and provide for the needs for their children through the community group.
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
ACHIEVEMENTS AND PERFORMANCE
The preschool continues to maintain good relationships with staff, parents and carers and the children attending the preschool.
FINANCIAL REVIEW
Receipts and Payments
Receipts and payments accounts are statements that summarises the movement in cash into and out of the organisation during the financial year. Inthis context 'cash' includes cash equivalents, for example, bank accounts where cash can be readily withdrawn to pay for debts as they become due
Grants and Donations were received fro Nottinghamshire County Council for payment of children's subscriptions
There were no restricted funds
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Committe members are appointed by voting system at every AGM. The comiitee consits of Chair, Treasurer and up to 20 ordinary members. A consitution is in place and has been since the charity began
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Tiny Tots Preschool Charity registration number 1036221 Principal address Ogle Street Hucknall Nottingham NG15 7FQ
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Tiny Tots Preschool Report of the Trustees Continued For the year ended 30 September 2024
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Independent examiners
Stacey Burman Nikki Henton Laura Holmes Parker Rebecca Bonnett Ausara Imran Clare Leivers Toni Jade Henson Sonia Nicholls 1 For All Accounting Angels Ltd FMAAT Licensed Accountants 29 Watnall Road Hucknall Nottingham NG15 7LD
Approved by the Board of Trustees and signed on its behalf by
............................................................................. Sonia Nicholls (Director)
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Tiny Tots Preschool Independent Examiners Report to the Trustees
For the year ended 30 September 2024
I report to the trustees on my examination of the accounts of the Charity for the year ended 30th September 2022
Responsibilities and basis of report
As the charity (trustees, 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 the Charity)'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 Act.
Independent examiners statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
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.
1 For All Accounting Angels Ltd FMAAT Licensed Accountants 29 Watnall Road Hucknall Nottingham NG15 7LD
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Tiny Tots Preschool Statement of Financial Activities
For the year ended 30 September 2024
| Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Total Expenditure on: Raising funds 4/5 Total Net income/expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 110,742 660 111,402 (80,279) (80,279) 31,123 10,521 41,644 |
2023 £ 60,992 - |
|---|---|---|
| 60,992 | ||
| (68,649) | ||
| (68,649) | ||
| (7,657) 18,178 |
||
| 10,521 |
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Tiny Tots Preschool Statement of Financial Position As at 30 September 2024
| Notes Fixed assets Tangible assets 9 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds 11 Total funds |
£ 2024 2,508 2,508 39,136 39,136 - 39,136 41,644 41,644 41,644 41,644 |
£ 2023 - |
|---|---|---|
| - | ||
| 10,529 | ||
| 10,529 | ||
| (8) 10,521 |
||
| 10,521 | ||
| 10,521 | ||
| 10,521 | ||
| 10,521 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
0
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Tiny Tots Preschool Notes to the Financial Statements
For the year ended 30 September 2024
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
Tiny Tots Preschool meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
2. Income from donations and legacies
| Unrestricted funds Grants received Subscriptions received ncome from charitable activities Unrestricted funds Providing Preschool activities and child care Income from charitable activities xpenditure on generating donations and legacies Unrestricted funds Subscriptions Support costs |
2024 £ 95,165 15,577 110,742 2024 £ 660 2024 £ 60 627 687 |
2023 £ 48,628 12,364 |
|---|---|---|
| 60,992 | ||
| 2023 £ - 2023 £ 8 - |
||
| 8 |
3. Income from charitable activities
4. Expenditure on generating donations and legacies
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Tiny Tots Preschool Notes to the Financial Statements Continued For the year ended 30 September 2024
5. Expenditure on other trading activities
| Unrestricted funds Fund raising events Shop costs Other activities for generating funds 1 et income/(expenditure) for the year This is stated after charging/(crediting): Depreciation of owned fixed assets Operating lease charges - hire of plant and machinery |
2024 £ 78,529 - 1,063 79,592 2024 £ 627 59 |
2023 £ 67,142 1,499 - |
|---|---|---|
| 68,641 | ||
| 2023 £ - - |
6. Net income/(expenditure) for the year
7. Staff costs and emoluments
Total staff costs for the year ended 30 September 2024 were:
| Salaries and wages Childcare staff |
2024 £ 53,655 53,655 2024 0 0 |
2023 £ 46,780 |
|---|---|---|
| 46,780 | ||
| 2023 0 |
||
| 0 |
8. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
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Tiny Tots Preschool Notes to the Financial Statements Continued
For the year ended 30 September 2024
9. Tangible fixed assets
| Cost or valuation Additions At 30 September 2024 Depreciation Charge for year At 30 September 2024 Net book values At 30 September 2024 |
Plant and Machinery £ 55 55 11 11 44 |
Fixtures and Fittings £ 3,080 3,080 616 616 2,464 |
Total £ 3,135 |
|---|---|---|---|
| 3,135 | |||
| 627 | |||
| 627 | |||
| 2,508 |
10. Creditors: amounts falling due within one year
| Accruals and deferred income | 2024 £ - - |
2023 £ 8 |
|---|---|---|
| 8 |
11. Movement in funds
| Unrestricted Funds | ||||
|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | |
| 01/10/2023 | resources | resources | 30/09/2024 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 10,521 | 111,402 | (80,279) | 41,644 |
| 10,521 | 111,402 | (80,279) | 41,644 | |
| Unrestricted Funds - Previous year | ||||
| Balance at | Incoming | Outgoing | Balance at | |
| 01/10/2022 | resources | resources | 30/09/2023 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 18,178 | 60,992 | (68,649) | 10,521 |
| 18,178 | 60,992 | (68,649) | 10,521 |
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Tiny Tots Preschool Notes to the Financial Statements Continued
For the year ended 30 September 2024
Purpose of unrestricted Funds
fees
Playgroup Fees
Donations Received
Donations towards fundraising activities
Grants received
Grants received in respect of day to day running costs and enhancement and replacement of equipment
General
To provide day to day child care and education provosions
12. Analysis of net assets between funds
| Unrestricted funds General General Previous year Unrestricted funds General General |
Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 2,508 39,136 41,644 |
|---|---|
| 2,508 39,136 41,644 |
|
| Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ - 10,521 10,521 |
|
| - 10,521 10,521 |
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Tiny Tots Preschool Detailed Statement of Financial Activities For the year ended 30 September 2024
| INCOME AND ENDOWMENT Donations and legacies Grants receivable Subscriptions Charitable activities Income from charitable activities Total incoming resources EXPENDITURE Raising donations and legacies Subscriptions Other trading activities Fund raising events costs Shop costs Cost of other activities for generating funds 1 SUPPORT COSTS Management Management Total resources expended Net Income |
£ 2024 95,165 15,577 110,742 660 660 111,402 (60) (60) (78,529) - (1,063) (79,592) (627) (627) (80,279) 31,123 |
£ 2023 48,628 12,364 |
|---|---|---|
| 60,992 - |
||
| - | ||
| 60,992 (8) |
||
| (8) (67,142) (1,499) - |
||
| (68,641) - |
||
| - | ||
| (68,649) | ||
| (7,657) |
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This page does not form part of the statutory financial statements