Charity registered number 1036814
Tunstead Pre School Report and Accounts
31 August 2024
**Tunstead Pre School**
**__________________________________________________________________________**
## **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**
## **__________________________________________________________________________**
## **Report of the Trustees for the year ended 31[ST] August 2024**
## **Reference and administrative information.**
Tunstead Pre School Community Centre Haworth Drive Stacksteads OL13 0SA
## **The trustees for the year were:**
Jane Young (appointed 17[th] August 2022)
## **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 28 children on register aged between 2 and 4 years old attending. We now also hold a extra 20 minute session –3.20 club, to help parents with children who attend the school local to us as they changed their school times.
We have 4 members of staff employed, Jane Young is still the manager and Jessica Kelly is still the deputy manager. One staff member resigned.c
We are full capacity this coming September.
The whole building has been upgraded and new resources provided to help and support the wide range of children we care for. Our outdoor area has also been enhanced to meet the criteria within the EYFS.
## **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.
2
**Tunstead Pre School**
## **__________________________________________________________________________**
## **Financial statements**
The accounts for the year ended 31[st] August 2024 are appended herewith. There was a net profit for the year of £30,452 (2023 – Loss of £3,653 ).
## **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
Select suitable accounting policies and apply them consistently:
Make judgements and estimates that are reasonable and prudent; and
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**
## **Jane Young**
**Approved by the Board on 27[th] June 2025**
3
**Tunstead Pre School**
## **__________________________________________________________________________**
## **Independent Examiners Report to the Trustees of Tunstead Pre School**
I report on the accounts of the charity for the year ended 31 August 2024
## **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:
- examine the accounts (under section 145 of the Charities Act 2011);
- follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and
- 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
4
## **Tunstead Pre School**
**__________________________________________________________________________**
**Statement of Financial Activities (including Income & Expenditure Account) for the year ending 31 August 2024**
|**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|**2024**
**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
107,026
-
107,026
27,672
-
27,672
134,698
-
134,698
101,951
-
101,951
2,295
-
2,295
104,246
-
104,246
30,452
-
30,452
-
-
-
30,452
-
30,452
6,558
-
6,558
37,010
-
37,010|**2023**
**Total**
**Funds**
49,351
13,025|
|---|---|---|
|||62,376
64,375
1,654|
|||70,845|
|||(3,653)
-|
|||(3,653)
10,211|
|||6,558|
5
## **Tunstead Pre School**
**__________________________________________________________________________**
|**Balance Sheet**
**as at 31 August 2024**
**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**|1,875
30,873|**2024**
**£**
7,029
29,981
37,010
37,010
37,010
37,010|0
623|**2023**
**£**
7,029
(471)|
|---|---|---|---|---|
||32,748
(2,767)||623
(1,094)||
||37,010||6,558||
|||||6,558|
|||||6,558|
|||||6,558|
||||||
|||||6,558|
**Jane Young Trustee**
**Approved by the board on 27[th] June 2025**
6
**Tunstead Pre School**
**__________________________________________________________________________**
## **Notes to the Accounts for the year ending 31 August 2024**
- **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
107,026
-
107,026
-
**3**
**Trading activities income**
Fees
27,672
-
Fundraising
-
-
27,672
-
**4**
**Resources expended on charitable activities**
Rent & rates
4,114
-
Administrative expenses
5,400
-
Insurance
754
-
Repairs
2,163
-
Purchases
9,818
-
Wages costs
77,510
-
Sundry
2,192
-
101,951
-|Not depreciated
**Restricted**
**Total**
**Funds**
**Funds**
**2024**
-
107,026
-
107,026
-
27,672
-
-
-
27,672
-
4,114
-
5,400
-
754
-
2,163
-
9,818
-
77,510
-
2,192
-
101,951|**Total**
**Funds**
**2023**
49,351|
|---|---|---|
|||49,351|
|||12,310
715|
|||13,025|
|||4,053
3,250
542
978
1,556
52,761
1,235
64,375|
7
## **Tunstead Pre School**
**__________________________________________________________________________**
|**5**
**6**
**7**
**8**
**9**|**Unrestricted**
**Funds**
**Governance costs**
Accountancy fees
2,295
**Employees**
Staff costs include the following:
Wages and salaries
Other labour
Pension costs
**Tangible fixed assets**
**Cost**
1 September 2023
Additions
Disposals
31 August 2024
**Depreciation**
1 September 2023
Charge for the year
On disposals
31 August 2024
**Net book value**
31 August 2024
31 August 2023
**Creditors: amounts falling due within one**
Taxes and social security costs
Due to pension company
Accruals
**Movement in funds**
**As at**
**1 September**
**2023**
Restricted Funds
-
Unrestricted Funds
General Funds
6,558
Total Funds
6,558|**Designated**
**Funds**
-
**year**
**Incoming**
**Resources**
-
134,698
134,698|**Restricted**
**Funds**
-
**Equipment**
7,029
-
-
7,029
-
-
-
-
7,029
7,029
**Outgoing**
**Resources**
-
104,246
104,246|**Total**
**Funds**
**2024**
2,295
67,477
8,973
1,060
77,510
**2024**
**£**
1,340
307
1,120
2,767
**Transfers**
-
-
-|**Total**
**Funds**
**2023**
1,654|
|---|---|---|---|---|---|
||||||49,313
2,720
728|
||||||52,761|
||||||**Total**
7,029
-
-|
||||||7,029|
||||||-
-
-|
||||||-|
||||||7,029|
||||||7,029|
||||||**2023**
**£**
335
34
725|
||||||1,094|
||||||**As at 31**
**August**
**2024**
-
37,010|
||||||37,010|
8