Wood Breachwood Green Pre4chool Reglstered Charlty number 1038926 Accounts and reports For the year ended 31 December 2023 Breachwood Green Pr&School Registered charity number 1038926 Contents For the year ended 31 December 2023 Trustees Report Independent examiners report Statement of financial adivit Balance sheet Breachwood Green Pre-school Registered charity number 1038926 For the year ended 31 December 2023 Registered Addr088: Egmont Pasture Lane Hrtchin SG4 8NR vity Address: Village Hall Chapel Road Hiichin SG4 8NX Independent examiner8: Godfrey Laws & Co Ltd 65 Place Wilbury Way Hitchin SG4 OTY Bankers: CAF Bank Ltd 25 Kiry Hlll Avenue Kings Hill West Malllng Kent ME19 4JQ Pago 1 Td.. 01438 831099 Trustees Report For the year ended 31 Oecernber 2023 STrUCTURE, GOVERNANCE AND MANAGEMEKT TRusfEES Ms O•th CW. r•s*r￿d io 2023 Ms Lrmjlse French. Tf•wrer Mr5 SI￿10 ￿1ft￿. Man Ms Ch•fv)rt• W. D•wrty i¢•d•r. rn5*r*d X123 OBJEcnvES AND AcnvmES sesslon. Wlth experlen¢éd, #u￿*￿ed rt•ff, we offer • fvft Sllmulatlrf en¥tr(w￿l lor the chmdfon to l•am th. Our ilm Is io prThhl• a ham and In whkh thiEh thlld iakns tonfvJ•r** and kn•rns tt* io th•oth•rthlldr•n •nd Iduks •ftyJnd them. le•mln8 4r￿ requitemenL TW." 01438831C49 Trustees Report For the year eNled 31 Decen*v 2023 Nr Hltchin, HertIO￿le. SG4 8NX Tel.. 01438 831C89 Trustees Report For the year ended 31 December 2023 COIfflIIUfD_ POLICY AIMS In li8ht of the scop•. definltws and purpose. the Prtrschool alms to maSntsln reser¥es cMslnln8 of: l. reserves to m•ef redundanry Il•bllltle&' 11. iener•l continaency reser¥es equal to term's11.e. ontrthlrd of annual) lotsl exptndlture. exdudlni malntenance and dewecialkln The Commtttee belleves that thls level of reserves Is prudent and neossary to ensure that the Prtrsthool can run efficientty and meet fvture needs. 'All groups are recommended to have at least three m(￿th.5 expendlture In reserve and i sum whbth covers the c•lcul•ted red￿nd￿ry Il•bllW IM•na6lni a Charltably C￿￿ed Seniw PSLA). 'A5 a 8ulde. m•ny youps dKx>se one ternl's reser¥tt as a suttable lth*f IF1￿nCe In E*ty Years settlfi￿. P5LA). The Commlttee wlll monltor th• xtu•l level ol reseThe5 and cornpare wlth the tsrret r•D less than once • Year l•t the tlnancl•l y￿r￿nd1. The Prtrsthool has no restrlcted fur￿$, and therefore essentlalfy Ill ush balances can be consldered to be part of reserves. In the event of reser￿ fallln8 518nfficantfy below the tsryet IMI. the Pre-school wlll alm to restore the reserves •5 soon as possI￿e by postponlnq salary Inueases and bonuses, fvndrai51n& Increasi￿ earned income by Increasln8 chlld numbers. or redUd￿ e￿w￿llure. Slmllafly, If reserrt •fe s*ilfi¢•nty •bove the ￿. the Commlth *lll wl In pl•ce • pkn •$ SOM •$ posslble, alm1￿ to ellmlnate th• •xc•ss wlthln two years h spendlr* money to •nh•nce the quallty of Pr sthool provbskn. or otherwlse fvrtt￿ the •lms of the Prfr$Ch(￿. or by redudrwd fvndrntsln8. The c￿nmIttee VAI no( howehw. take any steps that mltht call bnto questlon the ablllty of the Prtr5chool to cont6nue as a finafflally viable opefakn kn the kn8 terni. In ￿rtICul￿. It WIN not ￿an to use excess reser¥es to cover essentSal runnlrq costs. POUCY REVIEW Thls polky wbll be revie•rtd and apwo¥*d annually by the Pre-$d￿l Manaiernent Comnwttee. Rvlew date: Septenthr 2024 Sl8ned on behalf of the Tnstees Mrs Sally Fearon Tntstee BreaCh￿￿d Green Pr&Sch(x)I Registered charity numb8r 1038926 Independent •xamlneV8 report to the trustMs of Br•achwood Grnon Prn School For th8 y8ar ended 31 Decernber 2023 out on pages 1 to 7. RMp•cdw rnspon•lbllttlM of trustw• and oxamln•r The charitys trustees are responsible for the preparation of the accounts. The charitvs trustees consider that an audit is not required for this year uTrJer 8ectK)n 144{2) of the Charitles Act 2011 (the 2011 Act) and that an indeperthnt examination is needed. It Is my responsibilty to.. • examlne the acc(wnts under S8Cti￿ 145 of tho 2011 Act . to follow the procedures lakl in the general Diredk)n8 giv8n by the comm188th under 8e¢tk>n 145(5)(b) of the 2011 Act • to state wh8lh8r parti￿lar matters have come to my attent 84•1• of lnlknp•n￿ •xamln•rfs r•port My axamination was carried out in acthance ￿￿th the general Threcti￿8 given by the Chartty Commi8810n. An examination indudes a review of the accounts.ng rec(￿￿ kept by the charlty and a comparlson of the accounts presented those rec(*ds. It also indudes consMJ8ratNM of any unusual items or disdosures In the accounts, and seeking explanatk)ns from you as trustees c¢)nc8mlrKJ any such m8tters. The procedures undertaken do not provide all the evidenc8 that be required in an audit and wnsequenily no cpinion Is given as to vknether the accounts rwnt a 'true and fair vi8w' and the raport is limit8d to those mattw8 88t (xrt in th8 next statement. Ind•pnd•nt •xamln•rfs stat•m•nt In COnnect￿n *ith my 8xaminatlon, no matler has come to my attentlon: {1) ¥thich gives reasonable Cause to believe that in any material respect the requirements: • to keep accountlng records in accordanc8 vlth s8Ctlon 130 of the 2011 Act and . to prepare ac£ounts Ithich accord the accounting records and comply with the accounttng requirem8nts of the 2011 Act have not been mot or (2) to whlch, In my Onlon, attentkM should be dravm in order to enable 8 propar urKlef8tandlng of the 8c(xyJnts to be reach Slgned: Date: Howard AshnMYB G5 152 EXPENDMIRE ON: 715 S&71S 81 1#5 196 S18 819 J16 217 132 132 132 10.K 21.481 21.481 10,P£ Breach￿ Green Prfrscho Registered charity number 1038926 Balance sheet as at 31 December 2023 31 Dec 2023 31 Doc 2022 Tanglbl• ••••ts 70 479 B•nk C••h at B•nk Tolal AA••ts 12 U•￿Itt￿8 Curr•nt Ll•blllll•• 71NJ 787 702 Pa￿011 li8tsllb8s T•Jtal Llablllll•• Th• fvnd• ot th• char N6t incomelexp￿dltt￿8 Fund8 brwt forward Total cha fund• 10.681 lo,8￿) 5.455 Pago 7