CANDOVER VALLEY PRE-SCHOOL stered Char Number 1038184 ACCOUNTS FOR THE YEAR ENDED 1ST AUG ST 2021 [21
Page I CANI)OVER VALLEY PRE.SCHOOL TRU5tEES' REPORT FOR THE YEAR ENDED 31ST AUGUSf 20 The trustees present their pOrt and the financial statements of the r*e-school for the year ended 31 August 2021. LEGAL STATUS Candover Valley Pre-school is regISted with the Charity Commissioners (No. 10381841 and administered under the constitutlon adopted on 12 May 1998. CONTAcf ADDRESS Administrator Candover Valley Pre-school Alresford Road Preston C3ndover Basingstoke Hampshlre RG25 2EE TrUSTEES Durlng the year ended 31st August 2021, the Pre-school was adrnlntsted by the followlng trustees :_ Mrs J Parlsl Mrs C Rule Mr P Sadler Mrs L Gatehouse Mrs H Ferguson Mrs J David Mrs E Walsh Trustees are appointed each year at the Annual General Meeting or during the year ff a vacancy arises. PRINCIPAL AcnvmES The objectives of the pre-school are to advance the development and education of children under statutory school age and to encourage parents to understand and provide for the needs of their children through a community group in the Candovervalley. ORGANISATION The day-to-day management of the pre-school 15 carried out by the trustees in conjunrtion with the teaching staff.
Page 2 PRE-SCHOOL TRu¥fEES' REPORT FOR THE YEAR ENDED Gu 2021 cont REVIEW OF DEVELOPMEKf. ACTivmES AND ACHIEVEMENTS The 2020121 academic year has seen changes tothe previous team and the development of a fantast new tearn at the end of the Summer temi working together to help children reach thèlr potential In a ptive and nurtudn environment. Autumn 2020 started with a large cohort of sclb)ol leaver children, 3 pemianent staff m•nbers and contractlbank staff working addltlonal hour5. The current Head remalned In place. the Deputy left in Feb 2021 along with I Senior Pre-school A3slStant in April 2021. both for personal 0$Ors. A new Deputy, Senlor Prtr School Assistant and TheV quallfled Pre-school Asslstant we recruited forthe Summerterni. 2021 saw the retum of Oramatots and French lessons which had been on hold for Some of the Covid pandeml Duè to the fvrther lockdowns and pandemic restrictlon5, fundraising has not been able to continue as in previous years but the commlttee carried out bake sales in line wbth the guidelines along wlth the Santa Slei8h fundralser with the Wlnchester Round Tablè. The commlttee secured a grant from a local thaiity to replxe the we-sthool fence whkh shoukl be fftted October 2021. Tran51tlon to school wa5 well supported through onllne Information and v15uals for the parent5 and chlklren. 13 thlldren went to 3 local school5. Despite startlng the xhool year with uncertalnty. the pre-sthool has thrhed wth lots of new starters and a Breat new team In place to support the pupils and their families. Due to the drop in pupils startlng In the Autumn 2020 term, we received addltlonal 8ovemment fvndln8 to match our prthou5 years pupll numbers. As a result. we have ended the schod year In profft for the second year in a row. There are, however. a number of items stlll pendin8 from 202012021 whith we need to take Into account Mn8 Into the new school year. These Items Inclvde the oiJtstandln8 rentsl amounts that have been pald theques that have not cleared out of our bank account 1£6,274.191, the CVS grant money for the fence due to be completed In Ottober 2021 1£2,779.001 and the outstanding le•se fee that have not. as yet. been billed for lapprox. £1,51KI.CQl- These amounts total £10.553.19. 1 have also deducted the fees for 202V2022 that have been pald eady1£4,140.501. With all of thesè Items dedurted, I have come up with an attual profft figure of around £6.900.. Wlthln thls proflt, wt have recelved SEN hJndin8 whlch wlll be relnve5ted In SEN rewurce5 aThJ staffin8 costs so that, when nècessary, we have the ablllty to offer 1-2-1 or smaller grnup sessions between staff and puplls. The profrt we have achleved this year is down to the hard WO the commlttee have done wlth thelr frJndraising events, the generosity of familie5 and local buslnesses M4th thelr Voluntary donations, and the success of our forestry 5es51ons. During 2020ft021 we Invested some of the ProUS yearfs profft In updating many of our Smaller leamln8 resources within the pre-school, purchasing a nèw onsite stornge shed and an additlonal bonus payment to our staff to compensate them for hours worked outstde of thelr set contracttd hours durfng the pandemlc. This comlng school year we w411 further invest the funds we have received through fvndralsing and Voluntary donations In larger resources for the preschool, Induding a new mud krtchen and indoor and outdoor plav equlprnent and resour. Overall there wa5 H net inflow of funds of £21,622.93 as shown on the attached receipts and payments account 12020 = Inflow of £33.022.761. The bank balances totalled £IC6.374.87 at 31st August 202112020 £84,751.94). RESERVE5 Free reserves, as represented by cash at bank and in hand. represent approximatety thlrteen months 8eneral expenditure. The trustees considerthls to be appropriate In the drcum5tance l)ate l*
Page 3 INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF I report on the accounts of the pre-school for the year ended 31 August 2021. which are set tyjt on the attached receipts and payments xcount and statement of assets and liabilities. Re5pectl¥e Re4Jonslbllltles of the Trustees and the Examiner A5 the charlvs trustees you are responslble for the preparatlon of the accounts,. you conslder that the audit requirement of 5ertion 144121 of the Charities Act 2011 (the Act) does not apply. It is my responsibility to State. on the basis of procedures specified in the General Oirertions given by the Charity Commlssloners under Sertion 1451511bl of the Act. whether partlcular matters have come to mv attention. Basls of Indep•ndent Examlnees Rèport My examination wa5 carried out in accordance wlth the General Direttions given by the Charlty Commissioners. An examination Includes a review of the accounting records kept by the pre-school nd a comparison of the accounts presented with those records. It also include5 consideration of any unusual items or disclosures in the accounts, and seeking explanatlons from you a5 the trustees concerning any such matters. The procedures undertaken do It provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view glven by the accounts. Indendent Examlnees Statrment In connection with my examinatlon. no matter has come to my attentlon: Which gives me resonable cause to believe that In any materfal respect the requirements to keep accounting records in accordano with section 130. of the Act; and prepare accounts whrch accord wtth the accounting records and to comply with requlrements of the Act have not been met. To which, in my oplnion. attention should be in orderto enable a proper understanding of the accounts to be reached. P J Sharpe Esq BSC FCA Sheen Stickland Chartered Accountants 4 High Street Alton Hampshire GU34 IBU /lt(,,
Page 4 CANDOVER VALLEY PRE.SCHOOL RECEIPTS AND PAYMErifs ACCOUNf FOR THE YEAR ENDED 31sr AUGUST 2021 2021 2020 RECEIPTS Government Funding Grants PPISEN Funding Fees and registration CJRS Grant Government mllk subsidy Fundraising Interest on deposlt account TOTAL RECEIPTS 57.922.66 3.279.(Xl 3,469.14 41,918.36 695.76 78.261.00 15.8C#J.OQ 0.00 29,013.93 6.386.11 290.15 8.458.37 258.56 138,468.12 8,936.47 58.72 116,280.21 PAYMENTS Staff Cost5 Rent and malntenan Business rates Grocerles includln8 mllk Equlpmentlstatlonery Accountancy Sundry expenses Ilncl GFftslAdvertlsln81 Insurance Adrninistratlon TOTAL PAYMENTS 78,783.20 5.448.93 0.00 125.97 4.215.75 1,947.(Kl 1.228.25 946.79 1,961.39 94,657.28 90.474.56 6.140.91 380.00 257.76 1288.96 2.154.30 376.94 945.55 2,426.38 105,445.36 NEf INFLOWI(OUTFLOW) OF FUNDS 21.622.93 33,022.76 Cash funds brought forward 84.751.94 51.729.18 Cash funds carried forward 106.374.87 84.751.94 srATEMENT OF ASSETS AND UABIUllES AS ATTHE FINANCIAL YEAR END Monetary assets- Cash at bank and in hand 106.374.87 84.751.94 Approved by the Trustees Trustee Trustee Date .... 4(*111
Page 5 DOVER VALLEY PRE.SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 315r AUGUST 2021 2021 FUNDRAISING Dance/Drama Forest School Sainsbury's Garden Event Wreath Making Event Christmas Fair/cards Christmas Party French class Easyfundraising Art Bags/ Tea towels Mothers & Fathers Day Shop Easter Egg hunv Raffle Photographs t)onations Amazon Smile Cake Sales Chrlstmas Market Pumpkln Sales Wlnchester round table Santa's Sleigh Flower Shop Stsff collertion (38.CK)} 4,243.87 369.CKI 709.95 1,820.50 469.50 350. 168.40 94.83 317.90 55.00 26.16 1.80 43.23 4.62 57.$0 106.91 1.803.82 38.79 469.06 300.20 223.90 791.16 91.40 30.th) 8.936.47 18.55 4,733.79 8.458.37