Charity registered number 1036814
Tunstead Pre School Report and Accounts
31 August 2021
Tunstead Pre School
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Contents
| Pages | |
|---|---|
| Trustees' report | 2 – 3 |
| Independent review | 4 |
| Statement of financial Activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 - 8 |
1
Tunstead Pre School
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Report of the Trustees for the year ended 31[ST] August 2021
Reference and administrative information.
Tunstead Pre School Community Centre Haworth Drive Stacksteads OL13 0SA
The trustees for the year were:
Ann Titley Jeanette Harris Janet Hayhurst
Structure governance and management
The organization is a registered charity operated under the rules of its constitution adopted 20[th] August 2010.
The trustees have the power to appoint/ elect new trustees. During the year, all trustees resigned and were appointed again via mutual agreement.
Objectives and activities
Provision of pre-school education.
Public Benefit
Providing a safe and enjoyable environment for pre-school children.
Achievements and performance
Tunstead Pre-school are registered for 25 children. We are open Monday to Friday, 9:00AM – 3:00PM and have at present, 21 children on register aged between 2 and 4 years old attending.
Tunstead Pre-school are registered for twenty five children. We are open Monday- Friday 9-3 and have at present 21 children on register aged between 2 and 4 years old attending.
We have 5 members of staff employed, one being on maternity leave. Janet Hayhurst retired and Jane Young has been appointed as manager and Katie Metcalf as Deputy manager.
We have had some closures this year due to covid in line with government guidelines.
Financial Review
The accounts have been prepared on a going concern basis.
The Statement of Financial Activities set out on page 5 shows how our funds were raised and applied during the year.
This statement separates funds, which the charity itself controls – unrestricted funds, from funds which have to be spent in a manner determined by the donor – restricted funds.
Finances continue to be well controlled as we reinvest all monies in the charity to provide the best care and educational equipment available.
Financial statements
The accounts for the year ended 31[st] August 2021 are appended herewith. There was a net loss for the year of £14,050.
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Tunstead Pre School
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Reserves
The trustees believe the current net asset position is sufficient for the future needs of the organisation. However, these levels are to be reviewed annually.
Statement of trustees’ responsibilities
Charity law requires that the trustees prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the company for that period. In preparing those financial statements, the trustees are required to
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Select suitable accounting policies and apply them consistently:
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Make judgements and estimates that are reasonable and prudent; and
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The trustees are required to act in accordance with the trust deed of the charity, within the framework of trust law. They are responsible for keeping proper accounting records. Such records will both disclose the financial position of the charity at any time with reasonable accuracy and enable the trustees to ensure that the financial statements are prepared by them under section 145 of the Charities Act 2011, and that those statements of accounts comply with the requirements of regulations under that provision. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The financial statements comply with current statutory requirements and the requirements of the governing documents.
By order of the board
Ann Titley
Approved by the Board on 14[th] June 2022
3
Tunstead Pre School
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Independent Examiners Report to the Trustees of Tunstead Pre School
I report on the accounts of the charity for the year ended 31 August 2021
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 and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:
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examine the accounts (under section 145 of the Charities Act 2011);
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follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and
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to state whether particular matters have come to my attention.
Basis of independent examiners’ 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 the seeking of explanations from you as trustees 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 examiners’ 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:
a. to keep accounting records in accordance with section 130 of the Charities Act; and
b. to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities 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.
Daniel King (AAT) 6 The Linney Cowpe Road Lancashire BB4 7EX
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Tunstead Pre School
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Statement of Financial Activities (including Income & Expenditure Account) for the year ending 31 August 2021
| Notes Incoming Resources: Incoming Resources from generated funds Voluntary income 2 Activities for generating funds 3 Total incoming resources Resources Expended: Charitable activities 4 Governance costs 5 Total Resources Expended Net incoming resources (outgoing) resources Transfer between funds Surplus/ (deficit) for year Total funds brought forward 10 Total funds carried forward 10 |
2021 Unrestricted Restricted Total Funds Funds Funds 43,726 - 43,726 9,908 - 9,908 53,634 - 53,634 66,204 - 66,204 1,480 - 1,480 67,684 - 67,684 (14,050) - (14,050) - - - (14,050) - (14,050) 28,220 - 28,220 14,170 - 14,170 |
2020 Total Funds 57,041 9,259 |
|---|---|---|
| 66,300 57,527 1,725 |
||
| 59,252 | ||
| 7,048 - |
||
| 7,048 21,172 |
||
| 28,220 |
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Tunstead Pre School
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| Balance Sheet as at 31 August 2021 Notes Fixed assets Tangible assets 7 Current assets Debtors Cash at bank and in hand Creditors: amounts falling due within one year 8 Net current assets Total assets less current liabilities Net assets Unrestricted funds General Funds 9 Total funds Ann Titley Trustee Approved by the board on 14th June 2022 |
231 8,255 |
2021 £ 7,029 7,141 14,170 14,170 14,170 14,170 |
- 22,482 |
2020 £ 7,029 21,191 |
|---|---|---|---|---|
| 8,486 (1,345) |
22,482 (1,291) |
|||
| 14,170 | 28,220 | |||
| 28,220 | ||||
| 28,220 | ||||
| 28,220 | ||||
| 28,220 | ||||
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Tunstead Pre School
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Notes to the Accounts for the year ending 31 August 2021
- 1 Accounting policies
The financial statements have been prepared under the historical cost basis of accounting and comply with the Statement of Recommended Practice.
Funds
Unrestricted funds are those 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.
Income from trading activities
All income is accounted for on a cash basis.
Resources expended
All expenditure is accounted for when incurred. Direct charitable expenditure includes the direct costs of the activities and depreciation on related assets.
Fixed Assets
Depreciation has been provided at the following rates to write off the assets over their estimated useful lives.
| Toys and equipment 2 Voluntary income Unrestricted Designated Funds Funds Donations 43,726 - 43,726 - 3 Trading activities income Fees 9,908 - Fundraising - - 9,908 - 4 Resources expended on charitable activities Rent & rates 3,963 - Administrative expenses 4,009 - Insurance 516 - Repairs 50 - Purchases 3,503 - Wages costs 53,124 - Sundry 1,039 - 66,204 - |
Not depreciated Restricted Total Funds Funds 2021 - 43,726 - 43,726 - 9,908 - - - 9,908 - 3,963 - 4,009 - 516 - 50 - 3,503 - 53,124 - 1,039 - 66,204 |
Total Funds 2020 57,041 |
|---|---|---|
| 57,041 | ||
| 9,211 48 |
||
| 9,259 | ||
| 4,849 3,896 516 1,092 2,000 44,613 561 |
||
| 57,527 |
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Tunstead Pre School
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| 5 6 7 8 9 |
Unrestricted Funds Governance costs Accountancy fees 1,480 Employees Staff costs include the following: Wages and salaries Other labour Pension costs Tangible fixed assets Cost 1 September 2020 Additions Disposals 31 August 2021 Depreciation 1 September 2020 Charge for the year On disposals 31 August 2021 Net book value 31 August 2021 31 August 2020 Creditors: amounts falling due within one Trade creditors Taxes and social security costs Due to pension company Accruals Movement in funds As at 1 September 2020 Restricted Funds - Unrestricted Funds General Funds 28,220 Total Funds 28,220 |
Designated Funds - year Incoming Resources - 53,634 53,634 |
Restricted Funds - Equipment 7,029 - - |
Total Funds 2021 1,480 51,991 564 569 53,124 |
Total Funds 2020 1,725 |
|---|---|---|---|---|---|
| 44,134 - 479 |
|||||
| 44,613 | |||||
| Total 7,029 - - |
|||||
| 7,029 - - - |
7,029 | ||||
| - - - |
|||||
| - 7,029 |
- | ||||
| 7,029 | |||||
| 7,029 Outgoing Resources - 67,684 67,684 |
2021 £ 103 585 17 640 1,345 Transfers - - - |
7,029 | |||
| 2020 £ - 721 - 570 |
|||||
| 1,291 | |||||
| As at 31 August 2021 - 14,170 14,170 |
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