Holmbridge Pre-School Charity number 1036859
Annual Report and Financial Statements
for the year ended 31 July 2023
Holmbridge Pre-School
Annual Report and Financial Statements
for the year ended 31 July 2023
| Contents | Page |
|---|---|
| Trustees’ Report | 2 – 3 |
| Examiner’s Report | 4 |
| Receipts and Payments Account | 5 |
| Statement of Assets and Liabilities | 6 |
| Notes to the Accounts | 7 - 8 |
Holmbridge Pre-School Trustees’ Report
The Trustees during the year were:
Position Adam Howarth Chair Samantha Clegg Treasurer Secretary
Name
Method of Appointment
Trustees are elected by the members at the AGM.
Principle Address
The Bandroom Woodhead Road Holmbridge Holmfirth HD9 2SA
Bankers
Lloyds TSB Yorkshire Bank plc 1 Westgate 40 New Street Huddersfield Huddersfield HD1 2DN HD1 2BT
Governing Document
Constitution dated 14 September 1992; amended 3 October 2006, 22 May 2007 and 16 September 2008
Objects of the Organisation
To enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.
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Holmbridge Pre-School Trustees’ Report (continued)
Review of Progress and Achievements
Holmbridge Pre-School was set up in 1970 in the premises of Holme Silver Band and since then it has provided an important and valuable service in village community. The Pre-School is a registered charity which offers a caring, safe learning environment where children learn through play and develop many skills. In April 2014 the Out of School Club was created to provide wrap around care for primary aged children from the local schools.
The Pre-School is managed by a committee of parents and members of the community who volunteer their time to support it. The committee is responsible for reviewing policy and practice, fundraising and allocation of funds.
Our accounts for the year ended 31 July 23 show net positive receipts of £15,732 compared to net positive receipts of £3,331 for the previous year.
The Staff have continued to further their own knowledge during the year by attending training courses and by accessing online training.
Reserves
We are mindful to retain a proportion of the reserves to protect the charity against a possible net shortfall due to low attendance figures and potential changes in funding from the local education authority.
Sufficient reserves must also be maintained such that in the unlikely event of closure costs including staff redundancies can be met.
Any surplus is available to be spent on the pre-school’s needs as identified and agreed by the staff and committee. A proportion of the reserves will be used to make repairs and improvements to the setting.
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Holmbridge Pre-School
Independent Examiner’s Report on the Accounts of Holmbridge Pre-School for the year ended 31 July 2023
I report on the accounts of the charity as set out on pages 5 to 8.
Respective Responsibilities of the Trustees and the Examiner
As the charity’s trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of the section 43(2) of the Charities Act 1993 does not apply and that an independent examination is needed. It is my responsibility to examine the accounts under section 43 of the 1993 Act; following the procedures laid down in the general Directions given by the Charity Commission under section 43(7)(b) of the 1993 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 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 Examiner’s Statement
In the course of 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 proper accounting records in accordance with section 41 of the 1993 Act; and
-
b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 1993 Act
have not been met; or
2) to which, in my opinion, attention should be draw in order to enable a proper understanding of the accounts to be reached.
Signed: ........................................................................... Name: ………………………………………………………………………… Date: .............................................................................
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Holmbridge Pre-School
Receipts and Payments Account for the year ended 31 July 2023
| Notes Receipts Grants and Donations 2 Pre-School Fees Out of School Club Fees Fundraising Miscellaneous Income Total Receipts Payments Salaries and NICs Rent and Rates Utilities Insurance Equipment and Consumables Trips and Activities Milk and Food Administration Telephone Uniforms Travel Training Subscriptions Photographs Fundraising Costs Accountancy Repairs and Renewals Sundries Total Payments Net Receipts/(Payments) Cash Fund Balances brought forward Cash Fund Balances carried forward |
2023 Unrestricted Funds £ - 83,426 39,643 - 475 123,544 87,976 - 8,546 595 2,099 486 3,775 833 873 - - 150 50 - - - 1,903 525 107,811 15,733 90,641 106,374 |
2023 Restricted Funds £ - - - - - - - - - - - - - - - - - - - - - - - - - - 1,332 1,332 |
2023 Total funds £ - 83,426 39,643 - 475 123,544 87,976 - 8,546 595 2,099 486 3,775 833 873 - - 150 50 - - - 1,903 525 107,811 15,733 91,973 107,706 |
2022 Total funds £ - 42,125 40,273 - - |
|---|---|---|---|---|
| 82,398 | ||||
| 66,779 - 2,165 578 1,577 210 2,790 999 809 130 - 360 50 - - - 1,881 739 |
||||
| 79,067 | ||||
| 3,331 88,642 |
||||
| 91,973 |
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Holmbridge Pre-School Statement of Assets and Liabilities for the year ended 31 July 2023
| Cash Funds Cash at Lloyds TSB Cash at Yorkshire Bank Cash in Hand Total cash Funds Other Monetary Assets Debtors - fees Assets Retained for the Organisation's Own Use Computer (2014) Liabilities HMRC - PAYE |
2023 Unrestricted £ 103,771 2,503 100 106,374 |
2023 Restricted £ 1,332 - - 1,332 |
2023 Total £ 105,103 2,503 100 107,706 £ - - 2023 £ - - |
2022 Total £ 89,370 2,503 100 |
|---|---|---|---|---|
| 91,973 | ||||
| 2022 £ - |
||||
| - |
Approval of the Accounts
The annual report and accounts were approved at a meeting of the Trustees held on:
Date: Name: Signed: on behalf of the Trustees.
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Holmbridge Pre-School Notes to the Accounts For the year ended 31 July 2023
1 Accounting Policies
a Basis of Accounting
The Trustees have taken advantage of Section 42(3) of the Charities Act 1993 and have prepared the accounts on a receipts and payments basis.
b Taxation
As a registered charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of items to which it relates.
c Fund Accounting
Funds held by the charity are either:
Unrestricted General Funds
These are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.
Restricted Funds
These are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated Funds
These are funds set aside by the Trustees out of unrestricted general funds for specific future purposes or projects.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
Holmbridge Pre-School
Notes to the Accounts
for the year ended 31 July 2023
| 2 Grants and Donations 2023 Unrestricted Funds £ Kirklees MC - Coronavirus Grant - - 3 Staff Costs and Numbers Gross Salaries Social Security Costs AE Pension Costs The average number of employees during the year was 7 (2022: 7) 4 Restricted Funds Summary Balance bfwd £ Kirklees MC 1 812 Kirklees MC 2 520 1332 |
2023 Restricted Funds £ - - Incoming £ 0 0 0 |
2023 2022 Total Total funds funds £ £ - - - - 2023 2022 £ £ 86,123 65,296 - - 1,853 1,483 87,976 66,779 Outgoing Balance cfwd £ £ 0 812 0 520 0 1332 |
|---|---|---|
Purpose of Restricted Funds
| Kirklees MC | 1 | Graduate Leader Fund |
|---|---|---|
| Kirklees MC | 2 | To fund training of staff on non-mandatory courses. |
5 Trustee Remuneration and Expenses
No Trustees received any remuneration or expenses during the accounting period.
6 Related Party Transactions
There were no related party transactions during this or the previous accounting period.
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