2024-07-31-accounts - Holmbridge Playgroup

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Holmbridge Pre-School Charity number 1036859

Annual Report and Financial Statements

for the year ended 31 July 2024

Holmbridge Pre-School

Annual Report and Financial Statements

for the year ended 31 July 2024

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.

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 24 are for a trading period of 5 months from 1 August 23 to 31 December 23 show a net deficit of £12,866. This compares to net positive receipts of £15,732 for the 12 months previous year.

Holmbridge Pre-School changed its charitable status to a Charitable Incorporated Organisation (CIO) and transferred all staff, cash assets and operations to Holmbridge Pre-School and Out of School Club CIO (Charity No. 1182005) from 1 January 2024.

The Staff have continued to further their own knowledge during the year by attending training courses and by accessing online training.

Holmbridge Pre-School

Independent Examiner’s Report on the Accounts of Holmbridge Pre-School for the year ended 31 July 2024

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 drawn in order to enable a proper understanding of the accounts to be reached.

Signed: ........................................................................... Name: ………………………………………………………………………… Date: .............................................................................

Holmbridge Pre-School Receipts and Payments Account for the year ended 31 July 2024

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 Transferred to CIO (1182005) Cash Fund Balances carried forward	2024 Unrestricted Funds £ - 14,078 16,075 - 325 30,478 36,100 - 2,725 - 515 158 1,267 318 230 - - 935 - - - - 640 456 43,344 (12,866) 106,374 (93,508) -	2024 Restricted Funds £ - - - - - - - - - - - - - - - - - - - - - - - - - - 1,332 (1,332) -	2024 Total funds £ - 14,078 16,075 - 325 30,478 36,100 - 2,725 - 515 158 1,267 318 230 - - 935 - - - - 640 456 43,344 (12,866) 107,706 (94,840) -	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

Holmbridge Pre-School

Statement of Assets and Liabilities for the year ended 31 July 2024

Cash Funds Cash at Lloyds TSB Cash at Yorkshire Bank Cash in Hand Total cash Funds	2024 Unrestricted £ 90,905 2,503 100 93,508	2024 2024 Restricted Transfer to CIO £ £ 1,332 (92,237) - (2,503) - (100) 1,332 (94,840)	2024 Total £ - - - -	2023 Total £ 105,103 2,503 100
				107,706

All cash funds transferred to Holmbridge Pre-School and Out of School Club CIO (1182005) with the charitable status change.

Other Monetary Assets Debtors - fees Assets Retained for the Organisation's Own Use Computer (2014) Liabilities HMRC - PAYE	£ - - 2024 £ - -	2023 £ -
		-

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.

Holmbridge Pre-School Notes to the Accounts For the year ended 31 July 2024

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 2024

2 Grants and Donations 2024 Unrestricted Funds £ - - 3 Staff Costs and Numbers Gross Salaries Social Security Costs AE Pension Costs The average number of employees during the year was 7 (2023: 7) 4 Restricted Funds Summary Balance bfwd £ Kirklees MC 1 812 Kirklees MC 2 520 1332	2024 Restricted Funds £ - - Incoming £ 0 0 0	2024 2023 Total Total funds funds £ £ - - - - 2024 2023 £ £ 35,691 87,181 - - 409 795 36,100 87,976 Outgoing Balance tfr to CIO £ £ 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

All cash assets, staff and operations were transferred from Holmbridge Pre-School (Charity No 1036859) to Holmbridge Pre-School & Out of School Club CIO (Charity No 1182005) on 1 January 2024 with the change of charitable staus.