King George V Pre-school Registered Charity Number 1037321 31st August 2024
X?Kg Pyg-sr)JDD) Charity inforniation Registered charity No. 1037321 Trustees G. Freeman (chair) T. Khan L.Wilde B.Moses F.Walker Registered office 16 South Avenue Littleover Derbyshire DE23 6BA Independent Examiner Mr. M .Saunders
King George V Pre-school Trustee< report For the year ended 31st August 7024 The trustees present their report and the financial statements for the year ended 31stAugust 2024 Charltable Status King George V Pre-school is constituted by Deed of Trust and is a registered charity. Trustees The trustees who served during the year are detailed on the Charity Inforn]ation page. None of the trustees received a remuneration. New trustees are appointed by existing trustees. Objectives and activities The object ofthe charity remains to provide pre-school activity and learning.when planning activities for the year the tru.ste¢s. ha.ve considered the charity commission guidance on public benefiL The pre-school enables children to develop their social skills and learn through play. Achievements & Perforniance During the year we have promoted happy and healthy pre-school education for all of the children that have attended. Business and Financlal revlew The majority of income received by the charity remains government childcare funding for children aged 2-4. Parents also contribute fees where children are in the pre-school for longer periods than those covered by government funding. Costs incurred are for the safe and effective running of the pre-school, the majority ofwhich are for staffing. Reserves Policy There i.s no reserves policy in place. ststement of Trustees. responsibility Charity law requires the trustees to prepare receipts and payments account and statement of assets and liabilities at the end of the period, and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are Tequired to:_ a) Selert suitable accounting policies b) Make judgements and estimates that are reasonable and prudent c] State whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable Accounting Standards, subject to any material departures disclosed and explained in the Financial Statements. Page I
King George V Pre-school Trustees, Report ( continued) for the year ended 31stAugust 2024 The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity, and enable them to ensure that the financial statements comply with applicable Accounting Standards and Statements of Recommended practice and the regulations made under S44 of the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking steps for the prevention and detection of fraud or other irregularities. G.Freeman Chair On behalf of the Executive Committee Page 2
King George Pre-school Receipts & Payments Account~ Year ended 31st August 2024 Restricted Unrestricted 2024 Funds Funds Total 2023 Total Receipts Fees Funding Fundraising Tax rebate Interest received (net) Donation 15, 508.01 15,508.01 16,662.20 100,537.57 104,137.57 134,188.73 997.32 997.32 714.15 48.78 342.24 500.00 3,600.00 529.19 529.19 3,600.00 117,572.09 121,172.09 152,456.10 Payments Equipment Wages Rent Direct costs- equipment & materials Direct costs- activity Sundries ( telephone, subscriptions etc) Professional fees Training 3,600.00 109,010.79 112,610.79 122,869.56 9,956.25 9,956.25 10,128.76 2,910.95 1,293.02 2,910.95 1,293.02 2,508.23 1,023.12 838.93 1,103.50 239.99 838.93 1,103.50 239.99 953.81 1,370.00 610.00 3,600.00 125,353.43 128,953.43 139,463.48 Excess of receipts over payments (7,781.34) (7,781.34) 12,992.62 ca.sh funds at beginning of year 137,771.69 .137,771.69 124,779.07 Cash funds at end of year £ 129,990.35 £129,990.35 £137.771.69 Page 3
King George V Pre-school Statement of Assets and Liabilities As at 31st August 2024 2024 2023 Cash at bank Debtors 129,990 137,772 £129,990 £137,772 Creditors 31812 29,422 NET ASSETS £98,178 £108,350 Page 4
King George V Pre-school Independent Examiners Report Independent examiner's report to the trustees of King George V Pre- school I report to the trustees on my examination of the accounts of King George V Pre-school forthe year ended 31st August 2024 Responsibilities and basis of report As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act). I report in respert 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) ofthe Art. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l Accounting records were not kept in respert of the Charity as required by Section 130 of the Art; or 2 The accounts do not accord with those records, or 3 the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities ( Accounts and Reports ) Regulation 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 rnatters in connection the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Michael David Saunders FCA CTA 23 October 2024 Page 5
King George V Pre-school Notes to 2024 accounts 2024 2023 1) Balance at bank Savings account 72,863 57,127 81,239 56,533 129.990 137,772 Less Net liabilities ( excl staff bonuses) 29,424 25,854 £100,566 £111918 2) Decrease in funds 111918-100,566 After payment of bonuses prev yr (11.352) 3,568 (9,472) 12,279 Real (deficit) for year before bonuses £(7784) £2,807
King George V Pre-school Registered Charity Number 1037321 31st August 2024
X?Kg Pyg-sr)JDD) Charity inforniation Registered charity No. 1037321 Trustees G. Freeman (chair) T. Khan L.Wilde B.Moses F.Walker Registered office 16 South Avenue Littleover Derbyshire DE23 6BA Independent Examiner Mr. M .Saunders
King George V Pre-school Trustee< report For the year ended 31st August 7024 The trustees present their report and the financial statements for the year ended 31stAugust 2024 Charltable Status King George V Pre-school is constituted by Deed of Trust and is a registered charity. Trustees The trustees who served during the year are detailed on the Charity Inforn]ation page. None of the trustees received a remuneration. New trustees are appointed by existing trustees. Objectives and activities The object ofthe charity remains to provide pre-school activity and learning.when planning activities for the year the tru.ste¢s. ha.ve considered the charity commission guidance on public benefiL The pre-school enables children to develop their social skills and learn through play. Achievements & Perforniance During the year we have promoted happy and healthy pre-school education for all of the children that have attended. Business and Financlal revlew The majority of income received by the charity remains government childcare funding for children aged 2-4. Parents also contribute fees where children are in the pre-school for longer periods than those covered by government funding. Costs incurred are for the safe and effective running of the pre-school, the majority ofwhich are for staffing. Reserves Policy There i.s no reserves policy in place. ststement of Trustees. responsibility Charity law requires the trustees to prepare receipts and payments account and statement of assets and liabilities at the end of the period, and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are Tequired to:_ a) Selert suitable accounting policies b) Make judgements and estimates that are reasonable and prudent c] State whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable Accounting Standards, subject to any material departures disclosed and explained in the Financial Statements. Page I
King George V Pre-school Trustees, Report ( continued) for the year ended 31stAugust 2024 The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity, and enable them to ensure that the financial statements comply with applicable Accounting Standards and Statements of Recommended practice and the regulations made under S44 of the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking steps for the prevention and detection of fraud or other irregularities. G.Freeman Chair On behalf of the Executive Committee Page 2
King George Pre-school Receipts & Payments Account~ Year ended 31st August 2024 Restricted Unrestricted 2024 Funds Funds Total 2023 Total Receipts Fees Funding Fundraising Tax rebate Interest received (net) Donation 15, 508.01 15,508.01 16,662.20 100,537.57 104,137.57 134,188.73 997.32 997.32 714.15 48.78 342.24 500.00 3,600.00 529.19 529.19 3,600.00 117,572.09 121,172.09 152,456.10 Payments Equipment Wages Rent Direct costs- equipment & materials Direct costs- activity Sundries ( telephone, subscriptions etc) Professional fees Training 3,600.00 109,010.79 112,610.79 122,869.56 9,956.25 9,956.25 10,128.76 2,910.95 1,293.02 2,910.95 1,293.02 2,508.23 1,023.12 838.93 1,103.50 239.99 838.93 1,103.50 239.99 953.81 1,370.00 610.00 3,600.00 125,353.43 128,953.43 139,463.48 Excess of receipts over payments (7,781.34) (7,781.34) 12,992.62 ca.sh funds at beginning of year 137,771.69 .137,771.69 124,779.07 Cash funds at end of year £ 129,990.35 £129,990.35 £137.771.69 Page 3
King George V Pre-school Statement of Assets and Liabilities As at 31st August 2024 2024 2023 Cash at bank Debtors 129,990 137,772 £129,990 £137,772 Creditors 31812 29,422 NET ASSETS £98,178 £108,350 Page 4
King George V Pre-school Independent Examiners Report Independent examiner's report to the trustees of King George V Pre- school I report to the trustees on my examination of the accounts of King George V Pre-school forthe year ended 31st August 2024 Responsibilities and basis of report As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act). I report in respert 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) ofthe Art. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l Accounting records were not kept in respert of the Charity as required by Section 130 of the Art; or 2 The accounts do not accord with those records, or 3 the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities ( Accounts and Reports ) Regulation 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 rnatters in connection the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Michael David Saunders FCA CTA 23 October 2024 Page 5
King George V Pre-school Notes to 2024 accounts 2024 2023 1) Balance at bank Savings account 72,863 57,127 81,239 56,533 129.990 137,772 Less Net liabilities ( excl staff bonuses) 29,424 25,854 £100,566 £111918 2) Decrease in funds 111918-100,566 After payment of bonuses prev yr (11.352) 3,568 (9,472) 12,279 Real (deficit) for year before bonuses £(7784) £2,807
King George V Pre-school Registered Charity Number 1037321 31st August 2024
X?Kg Pyg-sr)JDD) Charity inforniation Registered charity No. 1037321 Trustees G. Freeman (chair) T. Khan L.Wilde B.Moses F.Walker Registered office 16 South Avenue Littleover Derbyshire DE23 6BA Independent Examiner Mr. M .Saunders
King George V Pre-school Trustee< report For the year ended 31st August 7024 The trustees present their report and the financial statements for the year ended 31stAugust 2024 Charltable Status King George V Pre-school is constituted by Deed of Trust and is a registered charity. Trustees The trustees who served during the year are detailed on the Charity Inforn]ation page. None of the trustees received a remuneration. New trustees are appointed by existing trustees. Objectives and activities The object ofthe charity remains to provide pre-school activity and learning.when planning activities for the year the tru.ste¢s. ha.ve considered the charity commission guidance on public benefiL The pre-school enables children to develop their social skills and learn through play. Achievements & Perforniance During the year we have promoted happy and healthy pre-school education for all of the children that have attended. Business and Financlal revlew The majority of income received by the charity remains government childcare funding for children aged 2-4. Parents also contribute fees where children are in the pre-school for longer periods than those covered by government funding. Costs incurred are for the safe and effective running of the pre-school, the majority ofwhich are for staffing. Reserves Policy There i.s no reserves policy in place. ststement of Trustees. responsibility Charity law requires the trustees to prepare receipts and payments account and statement of assets and liabilities at the end of the period, and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are Tequired to:_ a) Selert suitable accounting policies b) Make judgements and estimates that are reasonable and prudent c] State whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable Accounting Standards, subject to any material departures disclosed and explained in the Financial Statements. Page I
King George V Pre-school Trustees, Report ( continued) for the year ended 31stAugust 2024 The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity, and enable them to ensure that the financial statements comply with applicable Accounting Standards and Statements of Recommended practice and the regulations made under S44 of the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking steps for the prevention and detection of fraud or other irregularities. G.Freeman Chair On behalf of the Executive Committee Page 2
King George Pre-school Receipts & Payments Account~ Year ended 31st August 2024 Restricted Unrestricted 2024 Funds Funds Total 2023 Total Receipts Fees Funding Fundraising Tax rebate Interest received (net) Donation 15, 508.01 15,508.01 16,662.20 100,537.57 104,137.57 134,188.73 997.32 997.32 714.15 48.78 342.24 500.00 3,600.00 529.19 529.19 3,600.00 117,572.09 121,172.09 152,456.10 Payments Equipment Wages Rent Direct costs- equipment & materials Direct costs- activity Sundries ( telephone, subscriptions etc) Professional fees Training 3,600.00 109,010.79 112,610.79 122,869.56 9,956.25 9,956.25 10,128.76 2,910.95 1,293.02 2,910.95 1,293.02 2,508.23 1,023.12 838.93 1,103.50 239.99 838.93 1,103.50 239.99 953.81 1,370.00 610.00 3,600.00 125,353.43 128,953.43 139,463.48 Excess of receipts over payments (7,781.34) (7,781.34) 12,992.62 ca.sh funds at beginning of year 137,771.69 .137,771.69 124,779.07 Cash funds at end of year £ 129,990.35 £129,990.35 £137.771.69 Page 3
King George V Pre-school Statement of Assets and Liabilities As at 31st August 2024 2024 2023 Cash at bank Debtors 129,990 137,772 £129,990 £137,772 Creditors 31812 29,422 NET ASSETS £98,178 £108,350 Page 4
King George V Pre-school Independent Examiners Report Independent examiner's report to the trustees of King George V Pre- school I report to the trustees on my examination of the accounts of King George V Pre-school forthe year ended 31st August 2024 Responsibilities and basis of report As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act). I report in respert 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) ofthe Art. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l Accounting records were not kept in respert of the Charity as required by Section 130 of the Art; or 2 The accounts do not accord with those records, or 3 the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities ( Accounts and Reports ) Regulation 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 rnatters in connection the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Michael David Saunders FCA CTA 23 October 2024 Page 5
King George V Pre-school Notes to 2024 accounts 2024 2023 1) Balance at bank Savings account 72,863 57,127 81,239 56,533 129.990 137,772 Less Net liabilities ( excl staff bonuses) 29,424 25,854 £100,566 £111918 2) Decrease in funds 111918-100,566 After payment of bonuses prev yr (11.352) 3,568 (9,472) 12,279 Real (deficit) for year before bonuses £(7784) £2,807