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2021-03-31-accounts

holland arK pre-sc Ihnd Fork abbotdNJry road london W8 6LU. Td 020 7603 2838 HOLLAND PARK PRE-SCHOOL ANNUAL REPORT APRIL 2020- MARCH 2021 REGISTERED CHARITY 1037365

HOLLAND PARK PRE-SCHOOL

APRIL 2020 — MARCH 2021

Due to the COVID-19 Pandemic Holland Park Pre-School had a very different, difficult and unprecedented year.

Holland Park Pre-School closed on the 20" March 2020 after the Government Announced the lockdown of all Schools and Early Years settings. During this period of time we continued to keep all of our families updated on any developments linked to Government Advice at the time.

In line with Government requirements we maintained weekly communication with the families of our most vulnerable children offering them extra support and help when needed. We also focused on the importance of maintaining one’s mental health and provided links to access help if needed. We continued to work very closely with RBKC Children’s Services Team, the Early Years Intervention Team, Speech and Language Team and Families Services. This transparent communication was absolutely vital over this difficult period of time and continues to be an essential tool when working with our most vulnerable families. Lockdown also brought with it, financial implications, we suddenly lost our Termly Fee Income which meant that in April 2020 all staff had to be furloughed. During May 2020 we experience some very big thunderstorms and lots of heavy rain. The Pre-School Building is located in the grounds of Holland Park, on the inside of the children’s Playground area, this area had been closed to the public for the entire duration of the first Lockdown period. In order to check the building, we had to acquire permission from the parks manager to enter the area. This proved difficult to obtain as all the Parks Office staff were working from home. Once we had obtained this and were able to enter the Pre-School building, to our horror the building had sustained severe water damage due to build-up of water on the roof. Water was pouring down the interior walls. As soon as we were able to, we began to engage contractors to start the process of repair. However, the building had to be aired and dried out completely before work could begin. This could not have happened at a more challenging time for us.

Thank You

Anna Makeham Chair Management Committee HOLLAND PARK PRE-SCHOOL

Charity Registration No.

1037365

helland only pre-schoel holland park, abbetsbury road london W8 6LU. Tel 020 7603 2838 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

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Holland Park Pre-School

Registered as an Educational Charity

Charity Information - 31st March 2021

Offiicers: Annamaria Orsi Chair Person Giulia Leonessi Treasurer Joana Piek-Azzadi Secretary

Registered Charity Number: 1037365

Registered Office:

The One O'Clock Club Stable Yard Holland Park Abbotsbury Road London Ws 6LU

Bankers:

Barclays Bank plc Office 1 Churchill place London E14 5HP

Management Accountant

G.K Murugesu FCMA

1

Holland Park Pre-School Committee Members’ Responsibilities in the preparation of financial statements

For the year ended 31st March 2021

Charity Legislation requires the committee to prepare financial statements for each financial year which give a true and fair view of the state of the Charityas at the end of the financial year and the income and expenditure of the Charity for the year ended on that date.

In preparing those financial statements, suitable accounting policies have been used, framed, to the best of the Committee's knowledge and behalf, by reference to reasonable and prudent judgements and estimates and applied consistently. Applicable accounting standards have been followed. The committee is also required to indicate where the financial statements are prepared other than on the basis that the Charity is a going concern.

The Committee is responsible for ensuring that arrangements are made for keeping proper books of account with respect to the Charity’s transactions and its assets and liabilities and for maintaining a satisfactory system of control over the Charity’s books of accounts and transactions. The Committee is also responsible for ensuring that arrangements are made to safeguard the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud detection of fraud and other irregularities.

The Financial Statement have been prepared on Accruals Accounting basis,

from the Accounting records provided by the Holland Park Pre-School Parents Committee.

Prepared by:

G.K.Murugesu FCMA Chartered Management Accountant

2

Holland Park Pre-School

Statement of Financial Activities for the year ended 31st March 2021

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|||||||| |---|---|---|---|---|---|---| |Notes Designated|Restricted|Unrestricted|Total|_— Total| |Income and Expenditure|Funds|Funds|Funds|2021|2020| |¢|£|£|£|£| |Incoming|Resources from| |Generated Funds| |Voluntary Income|4|0|0|0|0|778| |Investment Income|5|0|0|0|0|g| |Incoming|Resources from| |Charitable Activities|6|0|0|149,423|149423|148,565| |Total Incoming Resources|O00|149,423|149,423 149,352| |.| |Resources|Expended| |Charitable Activities|7|0|0|141,947|141,947|151,205| |Govemance Costs|8|0|0|5,400|5,400|5,400| |Fund Raising Costs|£|)|0|0|0|0| |TotalResourcesExpended|=0 0|147,347|+«147,347|«156,605| |Net Incoming Resources|0|0|2,076|2076|—-7,253| |Funds brought forward|0|0|7,504|7,504|14,757| |Transfer of Funds|0|0|0|0|0| |Funds Carried forward|—|9-0”|9580|[9580]|~|[7,504]|

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All the Charity’s operations are classed as continuing.

Statement of Total Recognised Gains and Losses

There were no recognised gains and losses other than those included in the Statement of Financial Activities.

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Holland Park Pre-School

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|||||| |---|---|---|---|---| |Balance|Sheet as|at 31st March|2021| |2021-2020| |Notes|£|¢| |Current Assets| |Bank|Current Account|5593|9,655| |Bank|Reserve Account|2,536|86| |Debtors|1451|1,451| |a0 Tw| |Current|Liabilities| |Creditors|0|3,688| |0.|[3688]|__| |Net Assets|3|9580|7,504| |Analysis of|Net|Assets by Fund| |Unrestricted|Funds|3|9.580|7,504| |~|[9580]|[7,504]| |An|Fana|lan... Chair - Holland Park Pre-School| |a|pee Treasurer -Holland Park|Pre-School|

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Approved on behalf of the Holland Park Pre-School

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Holland Park Pre-School Notes to the Financial Statements For the Year Ended 31st March 2021

Accounting Convention

The Accountsare prepared under the Historical Cost Convention and take into accountthe recommendations outlined in the Statements of Recommended Practice.

Fixed Assets

Play equipment expenditure is written off to the income and expenditure account in the year in which the expendituis incu r red.e All other assets purchased over £1000, not specifically funded are, capitalised, and written off to the Income and Expenditure Account over a period of four years.

2021 2020
2) StaffCosts £ £
Salaries 72,830 87,476
72,830 87,476
2021 2020
Part-timeStaff as 3

No employee was remunerated at a rate of £60,000 (2020 = £60,000).

3) Analysis of Funds

Analysis of FundsFunds
Unrestricted Restricted Total
Fund Fund 2021
£ £ £
FixedAssets 0 0 0
CurrentAssets 9,580 0 9,580
Current Liabilities 0 0 0
9,580 0 9580

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Holland Park Pre-School

Notes to the Financial Statements For the Year to 31st March 2021

Statement of Financial Activities

IncomingResourcesfrom Restricted Unrestricted Total Total
GeneratedFunds Funds Funds 2021 2020
£ £ £ £
4) Voluntary Income
RBKC 0 0 0 0
Capital Grant 0 0 0 0
Donation& Fund Raising 0 0 0 778
0 0 0 778
5) InvestmentIncome
Bank Interest 0 0 0 -
0 0 0 9
6) Incoming Resourcesfrom
CharitableActivities
FeeIncome 0 29,236 29,236 48,344
RBKC-MFE&Under2YearGrant 0 100,289 100,289 100,221
OtherIncome 19898 19898 0
0 149,423 149,423 148,565
TotalIncomingResources 0 149.423 149.423 149,352

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Holland Park Pre-School Notes to the Financial Statements For the Year Ended 31st March 2021

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||||||||| |---|---|---|---|---|---|---|---| |Restricted|Unrestricted| |Funds|Funds|2021|2020| |7)|Charitable|Activities| |£|£|£|£| |Salaries|0|72,830|72,830|87,476| |Staff Training & Travel|0|7,757|7,757|4558| |Volunteer Expenses|0|1,288|1,288|5,200| |Telephone|0|2,389|2,389|2,642| |insurance|0|623|623|614| |Heat|Light|&|Water|0|1,180|1,180|1,459| |Repairs & Renewals|0|8,874|8,874|10,827| |Cleaning|0|8,509|8,509|3,445| |Activities|0|2,938|2,938|6,369| |Toys & Equipment|0|18,210|18,210|11,813| |Consumables|0|14,761|14,761|12,351| |Subscription|0|203|203|160| |Printing postage stationery & Administration|0|2,065|2,065|3,931| |Advertising|0|320|320|360| |0|141,947|141,947|151,205| |8)|Governance| |Accountancy Fee|0|5,400|5,400|5,400| |9)|Fund|Raising|expenditure|0|0|0|0| |Total|Resources Expended|0|147,347|147,347|156,605|

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Charity Registration No.

1037365

helland only pre-schoel holland park, abbetsbury road london W8 6LU. Tel 020 7603 2838 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

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Holland Park Pre-School

Registered as an Educational Charity

Charity Information - 31st March 2021

Offiicers: Annamaria Orsi Chair Person Giulia Leonessi Treasurer Joana Piek-Azzadi Secretary

Registered Charity Number: 1037365

Registered Office:

The One O'Clock Club Stable Yard Holland Park Abbotsbury Road London Ws 6LU

Bankers:

Barclays Bank plc Office 1 Churchill place London E14 5HP

Management Accountant

G.K Murugesu FCMA

1

Holland Park Pre-School Committee Members’ Responsibilities in the preparation of financial statements

For the year ended 31st March 2021

Charity Legislation requires the committee to prepare financial statements for each financial year which give a true and fair view of the state of the Charityas at the end of the financial year and the income and expenditure of the Charity for the year ended on that date.

In preparing those financial statements, suitable accounting policies have been used, framed, to the best of the Committee's knowledge and behalf, by reference to reasonable and prudent judgements and estimates and applied consistently. Applicable accounting standards have been followed. The committee is also required to indicate where the financial statements are prepared other than on the basis that the Charity is a going concern.

The Committee is responsible for ensuring that arrangements are made for keeping proper books of account with respect to the Charity’s transactions and its assets and liabilities and for maintaining a satisfactory system of control over the Charity’s books of accounts and transactions. The Committee is also responsible for ensuring that arrangements are made to safeguard the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud detection of fraud and other irregularities.

The Financial Statement have been prepared on Accruals Accounting basis,

from the Accounting records provided by the Holland Park Pre-School Parents Committee.

Prepared by:

G.K.Murugesu FCMA Chartered Management Accountant

2

Holland Park Pre-School

Statement of Financial Activities for the year ended 31st March 2021

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|||||||| |---|---|---|---|---|---|---| |Notes Designated|Restricted|Unrestricted|Total|_— Total| |Income and Expenditure|Funds|Funds|Funds|2021|2020| |¢|£|£|£|£| |Incoming|Resources from| |Generated Funds| |Voluntary Income|4|0|0|0|0|778| |Investment Income|5|0|0|0|0|g| |Incoming|Resources from| |Charitable Activities|6|0|0|149,423|149423|148,565| |Total Incoming Resources|O00|149,423|149,423 149,352| |.| |Resources|Expended| |Charitable Activities|7|0|0|141,947|141,947|151,205| |Govemance Costs|8|0|0|5,400|5,400|5,400| |Fund Raising Costs|£|)|0|0|0|0| |TotalResourcesExpended|=0 0|147,347|+«147,347|«156,605| |Net Incoming Resources|0|0|2,076|2076|—-7,253| |Funds brought forward|0|0|7,504|7,504|14,757| |Transfer of Funds|0|0|0|0|0| |Funds Carried forward|—|9-0”|9580|[9580]|~|[7,504]|

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All the Charity’s operations are classed as continuing.

Statement of Total Recognised Gains and Losses

There were no recognised gains and losses other than those included in the Statement of Financial Activities.

3

Holland Park Pre-School

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|||||| |---|---|---|---|---| |Balance|Sheet as|at 31st March|2021| |2021-2020| |Notes|£|¢| |Current Assets| |Bank|Current Account|5593|9,655| |Bank|Reserve Account|2,536|86| |Debtors|1451|1,451| |a0 Tw| |Current|Liabilities| |Creditors|0|3,688| |0.|[3688]|__| |Net Assets|3|9580|7,504| |Analysis of|Net|Assets by Fund| |Unrestricted|Funds|3|9.580|7,504| |~|[9580]|[7,504]| |An|Fana|lan... Chair - Holland Park Pre-School| |a|pee Treasurer -Holland Park|Pre-School|

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Approved on behalf of the Holland Park Pre-School

4

Holland Park Pre-School Notes to the Financial Statements For the Year Ended 31st March 2021

Accounting Convention

The Accountsare prepared under the Historical Cost Convention and take into accountthe recommendations outlined in the Statements of Recommended Practice.

Fixed Assets

Play equipment expenditure is written off to the income and expenditure account in the year in which the expendituis incu r red.e All other assets purchased over £1000, not specifically funded are, capitalised, and written off to the Income and Expenditure Account over a period of four years.

2021 2020
2) StaffCosts £ £
Salaries 72,830 87,476
72,830 87,476
2021 2020
Part-timeStaff as 3

No employee was remunerated at a rate of £60,000 (2020 = £60,000).

3) Analysis of Funds

Analysis of FundsFunds
Unrestricted Restricted Total
Fund Fund 2021
£ £ £
FixedAssets 0 0 0
CurrentAssets 9,580 0 9,580
Current Liabilities 0 0 0
9,580 0 9580

5

Holland Park Pre-School

Notes to the Financial Statements For the Year to 31st March 2021

Statement of Financial Activities

IncomingResourcesfrom Restricted Unrestricted Total Total
GeneratedFunds Funds Funds 2021 2020
£ £ £ £
4) Voluntary Income
RBKC 0 0 0 0
Capital Grant 0 0 0 0
Donation& Fund Raising 0 0 0 778
0 0 0 778
5) InvestmentIncome
Bank Interest 0 0 0 -
0 0 0 9
6) Incoming Resourcesfrom
CharitableActivities
FeeIncome 0 29,236 29,236 48,344
RBKC-MFE&Under2YearGrant 0 100,289 100,289 100,221
OtherIncome 19898 19898 0
0 149,423 149,423 148,565
TotalIncomingResources 0 149.423 149.423 149,352

2

Holland Park Pre-School Notes to the Financial Statements For the Year Ended 31st March 2021

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||||||||| |---|---|---|---|---|---|---|---| |Restricted|Unrestricted| |Funds|Funds|2021|2020| |7)|Charitable|Activities| |£|£|£|£| |Salaries|0|72,830|72,830|87,476| |Staff Training & Travel|0|7,757|7,757|4558| |Volunteer Expenses|0|1,288|1,288|5,200| |Telephone|0|2,389|2,389|2,642| |insurance|0|623|623|614| |Heat|Light|&|Water|0|1,180|1,180|1,459| |Repairs & Renewals|0|8,874|8,874|10,827| |Cleaning|0|8,509|8,509|3,445| |Activities|0|2,938|2,938|6,369| |Toys & Equipment|0|18,210|18,210|11,813| |Consumables|0|14,761|14,761|12,351| |Subscription|0|203|203|160| |Printing postage stationery & Administration|0|2,065|2,065|3,931| |Advertising|0|320|320|360| |0|141,947|141,947|151,205| |8)|Governance| |Accountancy Fee|0|5,400|5,400|5,400| |9)|Fund|Raising|expenditure|0|0|0|0| |Total|Resources Expended|0|147,347|147,347|156,605|

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