## ## |Namesof the char|ity trusteeswhomana|gethe charity|| |---|---|---|---| |Trusteename|Office (ifany)|Datesacted ifnotfor whole
vear|Nameof person(or body)entitled
to appoint trustee(ifany)| |LucyWatts|Chairperson|02t12t2021|Members| |Rachel Richards|Treasurer|13110116- ongoing|Members| |Samantha Strick|Deputy Chairperson|17110119-ongoing|Members| |AlexandraUren|Secretary|02t12t2021|Members| |Rebecca Gray|Merl,+*b,r1"|02112t2021|Members| |Laura Auld|Member|02t12t2021|Members| ## ## ## ## ## ## Gharity Registration Number.. 1039880 SUNNY CORNER PRE-SCHOOL UNAUDITED TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 SUNNY CORNER PRE-SCHOOL CONTENTS Page Independent Examiners, Report statement of Flnanclal Activities Balance Sheet Notès to the Accounts 4-10 SUNNY GORNER PRE-SCHOOL INDEPENDENT EXAMINERS. REPORT TO THE TRUSTEES OF SUNNY CORNER PRE-SCHOOL I report to the Iruslees on my examination of the acwunls of the abov& charfly for the year endecl 31 August 2022. Respecllve responslbllilies of trustees and oxamlner As the charity's Iruslee8, you are responsible for the preparalion of the accounts in accordance wlth the requiremen18 of the Charilles Act 2011 I the Act l. I report in respect of my examination of the Trust's accoun18 carried out under section 145 of the 2011 Act and in carrying out my examSnalion. I have followed all the applicable Directions given by the Charity Commission under section 145151(bl of the Act. Independ911t examlners'statement I have completed my examination. I confirm th81 no melerial mallers have come to my allentlon In connection with the examination which give me cause lo believe that in. any Male￿al respect.. the accounting records were not k8pI in accordance Nvilh section 130 of the Charllies Act,, or the accounts did not accord ￿1th the accounting records,. or tho accounts did not comply Mqlh the applicable requirements concerning the form and contents of accounts sel out in the Charities IAccounls and Reports) Regulalions 2008 other Ihan any requirement that the accounts glve a 'l¥ue and lair, vlew whlch Is not a maller considered as part ol an independ6nl examination. I have no concerns and have come across no other matters In connecllon Mlh the examination lo which attention should be drawn in this report in order lo enable a prO￿r understanding of Ihe accoL*nls lo be reached. Ir N Hallsm FCCA Crane & Johnslon Ch8rteied Certified ArLounlan15 11 Alverton Teira Penzance, Comwall TRI8 4JH D819......,. SUNNY CORNER PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022 Unrestrlcted Restrlcted Funds Funds Totsl 2022 Total 2021 Notes Incomè Income from charltable actlvltles: Fees 8,1B6 71,146 70 8,185 71,146 70 e,491 69.552 139 Local Authorily fiJndÉng Other income Governrnent granl$- CJRS 1,313 Other trading actlvilles Fundiaising 387 387 175 Invaslments Bank Int@￿$t 28 26 Total Income 79,814 79.814 77,616 Expgndltur• Charitable activilies other- govgrnanrx (x)sts 73.083 f.339 73,083 1.339 69,200 1,343 Total expgndltura 74,422 74.422 70,543 N8t Incomell8xp8ndltur81 5.392 S.392 7,073 Translers belween funds Net movement In funfls 5,392 5,392 7,073 Reconclllatlon of funds Tol81 funds broughl forward 166,2a1 156,231 149,158 Total funds ¢arrigd fornard 10 161.623 181.023 156,231 The stalgmenl ol I￿ancIal a¢tivilies indudes 811 gains and losses re¢ogni89d in the year. All i￿O￿e and expendlture derive Iiom o)niinulnq activlties. ,SUNNY CORNER PRE-SCHOOL BALANCE SHEET AS AT 31 AUGUST 2022 2022 Notos 2021 Flyed Assets Tanglble Assals 41,316 43,792 Current As5efs Debtors Cash al BEnk and in Hand 1,523 120,139 1,230 112,398 Credllors: amou*ts falllng due wlthln ong yoar 121,662 113,628 11,3561 11,1891 Net Current assèts Nèt assets 120,306 112,439 161,623 156,231 Thè funils tsf the eharlty.. URr831ritled funds.. O&slJnaied funds Olh8r charitable fund$ Total charSty funds 35,000 126,623 35.1)00 121,231 10 161,623 156,231 Th@ nol8$ on th8 followlng paues form part of these financial slal&menl5. ThÈ ac¢ounls were apprr)v8d by th& board of Iiuslees on IL and 81gMd on Ihèir behalf by.. Rachel RKhttrds, ruslea Lucy Walls. Tru$le& SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 AcGountlng pollGles Summary ol $lgnlll¢ant a¢¢ountlng poll¢1¢5 and koy a¢couThtlng e8tlrnatos The prlnclpal a¢¢ouollnu pollci&8 applied In the preparolion of these finsncial slalemenls are sel out below. These poli¢k8s hav8 b8en conslslenlly app118d lo all tho years presenlod, unless tslheTrvise slaled. Basls ol pr8paratlon Tha financlal slalemenls have been pr8pare6 in 8¢cordan¢g ￿1h A¢¢ounllng Reporiino by Chariites.. Slelernenl of Recornmended Pracllce- Charitie> SORP IFRS 1021, th8 FlnÉndal Reportlng Standard appliGaWe in IhB UK and Republic ol Ireland. Sunny Coffler P￿-S¢ho￿l mee15 the definilion of a public b6n8fA enllly under FRS 102. A$$els anrs Ilab1111686 are iTrili#lly reeogni$ed al hL%lorieal oosl or trsnsaclion value ullless olh8Nrise slal8d In Ihg rolevanl accounllng polioy nuie$. Golno Goncern Th8 fin8nclal sla18menls have be8n prepared on a 9olng concern basls. There aTe no rn8terial Uncerta￿liss related 10 8V8nl8 crfcond5￿o￿S that may cast doubl Dn Ih8 8bilily of th8 Charity lo cont4nue as a gDing Gonwn. Incom8 a#d 8ndowmont6 Volunlary Incom8, includlyo donallornt, glfis, lega¢tes and oran1$ Ihal prtsvide lunding oi a¥9 of a general nature Is recognlsed wh8n Ihe Char41y has en111￿m￿nI lo the Incom8, 11 18 probthle Ihal thè incomé wlll ￿ rÈ¢elved and th& amounl can be measured wilh 8ufllelenl reli8bllily. Donatlons and lellacl88 Don2llDlls 8nd lega¢lg8 are ye￿g￿lS8￿ on a re￿￿#bIg bo$ts when re¢elpl 1$ probable and Ihe amount c&n be reliabty measured. Grants recelvable Grants gr8 re¢ognlsed when the Chadly ha$ an enlllkmeol to tho funds and any ¢ondttions linked lo Ihe gr8nts have beèn mèl. Where perfoimance wndKlon$ are 8118¢hed ¢0 tho gmnt and ore yel to be mel, the Is fycognlsed as a Ilabilily and Includ8d on t￿ balAnc8 sh8•1 as deferred Income l(Tr b& ￿K¥S$e￿. Donated sarvlces and facllltlbs In 8ccord8ncewilh the Ch8rili8s SORP IFRS 1021. Ihe tlme provlded by gener81 volvnl8ar8 b nol re¢ognl&ed. In¥estmont Income Invesimeni 1￿Come IS fecopnlsed on a receivable basis Charltablè actlvltleg Income from ¢harAabfe aetivit*s indud$s income R¢ogr￿sed as earnBd la8 tho relalod goods or 88Nl¢es arg pro￿￿&￿) under ¢onlraci. Other illcome Malorfèl Incoming ie$our¢g$ from lax ¢18lm$ are Included In Ihe Sl8tem¥nl of Flnan¢lal A¢uvil￿S al the same IIM8 as the glfl lo whl¢h they relate, SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 xpendStUT6 All @￿penditUre 15 recognlsed onc8 there 15 a legal or ￿n￿lluCI￿6 obligallon lo that 8xpendllure', 11 18 piobable selllement Is required-, and Ihe amount ¢an be measvred Teliably. All costs ara allocated lo lh8 8XP8ndlluie h8adlng Ihal aggregate slm11ar cos18 lo that cal&gory. costs cannot be dirsclty allribii16d lo partlculai heading$ Ihey have b86n all[￿aled on a basls con81818nl wilh the use ol resources, wlh central 8taff costs alloca18d on the b8sl8 of time spent, and d6pr8dallon charges allocaled on Ihe portion of the Sssels u58. Olher svpport C081s ar8 811orAl8d based on Ihe spre8d of slaff cost8. Ralslng fund5 Costs ol generallng lunds are th8 costs as$0¢ialed wilh allr8cling volunlary incom8. Charltablg a¢tlvfjtle$ Chaiilable &xp&ndllure cemprlsès those cosls iTrGurred by the ChaFity in Ihe dellvery of Ils activi1￿3 and servlc8s for 118 b8nèliciarfès. 11 includes both costs Ihal can b& allocated direciiy lo such aclivilies and those costs of an indlrecl nalur8 necessary lo support Iham. Support cost8 Suppori ¢osl$ Include ¢enlro1 lyn¢llons and have bee￿ allocaled 10 2clSvity cosl categortes on a ba&1& con8lsl8rt Ihe us8 ol r&sources, forexamplè, allocalin9 slaff c05L8 by the Ilme spenl and olher costs bytheir us8ge. Governance cosis Governance co818 Include ¢o$ts ol Ib$ preparallon and examlnalkin of Ihe statulory accounts, th8 costs of trust88 meelings and Ihe cost of any legal advlce lo Irvsle&$ on u0verna￿ or conslilulional mallers. Irr¢¢OVtrrab￿ VAT Irr6wverabl8 VAT is charg8d agalnsl th8 cal8goryof 18sourc&s expended forwhl¢h Itwas ￿eutrO￿. Taxatlon The charily is ccfflsidered lo pa88 the lesls set oul in Paragiaph 1 Sthedule 6 of lh8 Fthanr* Act 2010 and Iherelore il meets Ihe definllion of a charity foi UK corporalion tax purposes. Accordingly, lh8 Charily is polonlially èxempl from 13xatltsn Tn iesp£ct ol income 01 capital 9ains received wilhln categories covered by Ch8pl8r 3 Part 11 of the Corporallon Tax AGI 2010 or Seclion 256 ol Ihp T8xalion of Chargeable Gains Act 1992, to th8 @￿en1 that su¢h incomo or galns arè appl￿￿ gx¢luslvely lo ¢haiilable purposes. Tanglbl& Ilxed assgt8 and deweclallon Tangiblp fixed asse15 are staled al cosl less depreclalion. D8precialion is provld8d al rales calculated lowrite off the cosl les5 esliTrialed re5¥Jual value of each asset over ils oxpecl8d useful IlfÈ. as follows.. Indlvidual flxed 8s$els ¢OSllng £100 or more are ¢apilalised al cost Furnllur8 and equlpmenl Comput8rs Leasehold bulldlngs 20.kn per annum Dn a reducing balaTr￿ ba818 25% per annum on a reducing balance ba51s 5% pgr annum OD a r&du¢lng balance basis Cash at bank and In hand Ca$h al bank In hand In¢lude$ cash and short term hlghty I￿￿k1 Inwslmeni8 Ihal ar8 readily conv8rtib18 10 8 known amounl of rash an(5 are $ubSe¢l to en In$lgnif￿allt risk of ejiange in value. SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 Trad& credltors Trade crodilors ar8 oblbalions lo pay for goods or $ervices Ihal ha￿ been acqulred In Ihe ordlnary course of busln88s from suppllw$. Accounts payable are ¢la$sifted a$ curranl liabil'lies it th8 Charily does nol have an uncondlllonal Aghl, al Ihe 8nd of tha i$portlng peilod, lo dgfer Setllemenl of Ihe oredilor For al le881 Iwelva month8 afler Ihe repDrtir¥J dal&. 11 Iher8 Is an uncondllitrnal right lo dsfer selllemgnl foi al least twelve months after the reporting dale. Ih8y ar8 pre88nled 8s non-currenl liabllilies. Trade Cred￿Or8 are recognised Initial￿ al the Iran$a¢llon prfee and subsequently measured al amortised cost kJsln9 Ihe efteclive Inieresl melhod. Flnanclal Instrumènl8 The chaTily only has financlal 8ssols and finan￿911[abl1lfleS of a kind Ihal quslify as baslc finanoal In8lruM8nts. Baslc financial Instruments are Inlilally ie¢ognl&ed 81 Ifansa¢Mtsn vqlue and subsequenlty measur8d at Ihelr sellf8m8nl value. Fund accounllng Unreslrioled funds are don81ions 8nd other Incomiw resources recefvab18 or ueneraled for the objeds of the charity wilhoul further 5peGifie¢J purpose and &re avallable as general funds. D&8iqna18d funds 4$ a provl$lon mgde for redundgn¢y sosl$ and represenls Iranslers from unr881rlc18d funds 8S agr&8d by Tru$ie8$. Rgslii¢l£d fuTK(5 are sublecl lo spe¢itlc condillons by donoF8 and granl maklng bodies as lo how Ihoy may be used. The purposes and uses ollhe iesiri¢ied fund$ are sel out in Ihe notes lo the ac£ounls. SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 Trustee8 None of Ihg Iiuslees lor any persons conn&cled wlth Ih&ml received any remuneralion or were relmbursed expens88 during the ￿Or. Exponditurfj on Ch&rllabl6 Actlvltles Day Gare 2- S yearg: 2022 2021 Salarl8$ Pr8mis88 ¢0$1$ Toys 8nd 8qtJlpmènl R6freshm8nls and consumables Trllephone and st81ionery Sunclries Support ¢osis In0￿ 41 42,660 5,989 2,785 40,869 5,39S 1,248 1,048 457 20,143 813 79S 20,081 69,200 SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 An?lysls of Support C0818 Man8gemÈiit & Flnance staff Propgrty co818 Oth8r ¢osts Tofal Charflable actfvllles Olhar- goveinon¢e costs I￿18 51 14,348 394 2,969 2.827 945 20,143 1.339 14,742 3,772 21,482 Analy$ls of govemarÈce costs 2022 2021 Salarles Independenl & account5 394 945 3ty3 950 1,343 Analy815 of staff ¢o8t8 2022 2021 W8gos salarl8s Penslon costs 56,216 1,188 SY,402 54,653 1.290 55.943 ThÉiÈ wÈrÉ no ern￿OYeeS whose emoluments were £60,000 or more The average number of full Ilm& emptoye&&, analysÈd by fufi¢V)n, was 2022 Nurnbor 2021 Mumb&r Adivilie$ 10 furtherihe thaiily's oblecl$ Management and 8dmlnlslrallDn Average numberoffull ￿me equlv8bnl employees durfng tho peilod SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 Tanglblè flxèd as$èts Flxluro8, ttings & Bulldlnus Total Cost Al 1 Seplernber2021 At 31 August 2[122 96,457 96.457 21,233 21.233 117690 117.690 OepTeclation Al I S8pl8mber 2021 Ch8roe foryegr 54,461 2,IOD 19,437 376 73,898 2,476 At August 2022 56.661 19,813 76.374 118t book value Af 31 Augu8t 2022 39,898 1,420 41,216 Al I SepiÈmbèi 2021 41,996 1,798 43,792 Dobtorts 2022 2021 Operallonal Debtors Prepayments 618 q,ooB 251 Q79 1.230 CredltOTS: amovnts falllng dua wlthln ono y8ar 2022 2021 Operallon81 uedllors Soctal Eecurily and olhertsxw Acciuals 21 248 920 226 1,012 SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 10 Unroslrlctad olthe Ch&rlty Conllnueiicy Genei)I F￿nd Tota 2•21 2022 B8larte al ISt8epiember 2021 Movem&ntln futhl$ lor Ihtryear 86.000 156.231 ts,392 5,392 7,073 Bolan¢fy at318t Aiigu812022 126.623 156 231 De$lunoted fund8: Balance as al Tr&tt9f4rrod hi D110W2f121 th• Yalancp at 3110812022 Conllnwnwr8sewe 36,000 Th8contiworty rÈsétVg Is a lo meel unexpe¢ieJ should thay8ri¥e. 12 An¢lysls ofnot a$8•ts N9t¢Uwe￿L AssBi$ FIx8d Asset& Totol 2022 Total 2021 G2nwBI Fund D8%gngted Funds 5.306 35.000 41,316 126.622 ?5.000 121,231 $5,000 120.306 41.316 161,628 156 231 Trustees, Annual Report for the period Period slarl dale Perlod end dale From Section A Reference and administration details Charlty name Sunny Corner Pre School other names charSty Is known by Sunny Corner Children's Centre Registered charity number Ilf any) 1039880 Charity's princlpal address Chynoweth lane, St Hilary PenzanGe Cornwall Postcode TR20 9DR Names of the charity trustees who manage the charity Dat85 acled If tlot for whole ear Trustee nan7e Office Ilf anyl Name of person lor body) erttlt18d toa olnl trustee If an Members Lucy Walls Rachel Richards Chairperson Treasurer 0211212021 13110116 - ongoing 17110119 - ongoing 0211212021 Members Samantha Strick Deputy Chairperson Secretary Members Alexandra Uren Meinbers Rebecca Gray Laura Auld 0211212021 Members Member 0211212021 Members Names of the trustees for the charlty, If any, {for example, any Custodian trustees) Name Dates acted if not for whole ear Name$ and addresses of advisers {Optional information) e of adviser Name Address Name of chlef executive or names of senior 8tsff members (Optional Information} Manager.. Marie Butts TAR March 2012 Section B Structure, overnance and management Description of Ihe Gharlty's trusts Pre-school Learning AllianGe Constitution Type of governing document How the charity is consliluled Association Trustee selection methods Elected by parent body at AGM Additional governance Issues (Optional Informatlon You may choose to include additional information, where relevanl, about.. policies and procedures adopted for Ilie induction and training of trustees,. the charity's organisalional structure and any wider nelwork with which the charlly relationship wilh any related parties; Iruslees, consideration of major risks and the system arKt procedures to manag8 them. Section C Ob"ectives and activities To enhan￿ the development and education of children under the slalulory SGhool age and to provide quallly childcare for Ghildren age 2-5 years old. To support and advice parenlsjcarers. Summary of the objects of the charlty set out in Its govornlng document TAR Maich 2012 1. Pre-school education for 3 and 4 year olds. 2. Childc8re for 2-5 year olds. 3. Support and adviGe for parenUGarers Summary ofthe main activities undertaken for the public beneflt In rolatlon to these ob}ects (Include wlthln thls section the statutory declaration that trustees have had regard to the guidance i55ued by the Charity Commisslon on public benefit) Additlonal detalls of objectives and actlvltles (Optlonal Information) You may choose to include further stalemenls, where relevant. about.. policy on granlmaking. policy programme related investment- conlribulion made by volunteers. TAR MaTch 2012 Section D Achievements and performance Summary of the maln achlevements ofthe charity during the year We Gonlinued to develop our implication of the EYFS providing high quality care and education fDr all children. Practice was fully open again after Coronavirus pandemic and operatlng as normal. We held several fundraising events throughoul the year, which included cake sale which was led by the Committee, raffles and our summer sports day. Fundraising was spent on equipment for the children We continued lo deliver good quality Iransition procedures for Children leaving us lo start primary school and reports from parentslcarers wore all very positive with children sellling well into their new classrooms. The children were able to visil the school and use their library. The reception teacher was able to visit the children. We continued to implement our bLtildings improvement plan which will ensure our prefab buildings are properly maintained. Section E Financial review The Charity maintains a contingency reseNe to cover any unforeseen expenses or unexpected reductions in funding. This designated reserve currently stands at £35,000. and it is the p)licy of the trustees to add lo Ihis when circumstances allow. The aim of the trustees 18 to hold unrestricted nel current assets sufficient lo meet six months, expenditure. At the balance sheel date unieslriGted net Gurrent assets, including the contin en¢ fund amounted to £126,623 which meets the trustees aim. Brief statemant of the Charity's policy on reserves Detalls of any funds materlally In deflcit No funds wero mat8rially in deficit. Further financlal review details (Optional information) You may choose to include additional information, where relevant about.. the charity's principal gources of funds {including any fundraising},' how expenditure has supported the key objectives of Ihe charity., inveslmenl policy and objectives including artry ethical investment poli¢y adopted. TAR March 2012 Section F Other optional information Section G Declaration The trustee3 declare that they have approved the trustees, report above, Slgned on behalf of the charlty's trustees Slgnaturels) Full namels) Posltion leg Secretary, Chair, etc) Lucy Watts Chalr Date TAR March 2012 Gharity Registration Number.. 1039880 SUNNY CORNER PRE-SCHOOL UNAUDITED TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 SUNNY CORNER PRE-SCHOOL CONTENTS Page Independent Examiners, Report statement of Flnanclal Activities Balance Sheet Notès to the Accounts 4-10 SUNNY GORNER PRE-SCHOOL INDEPENDENT EXAMINERS. REPORT TO THE TRUSTEES OF SUNNY CORNER PRE-SCHOOL I report to the Iruslees on my examination of the acwunls of the abov& charfly for the year endecl 31 August 2022. Respecllve responslbllilies of trustees and oxamlner As the charity's Iruslee8, you are responsible for the preparalion of the accounts in accordance wlth the requiremen18 of the Charilles Act 2011 I the Act l. I report in respect of my examination of the Trust's accoun18 carried out under section 145 of the 2011 Act and in carrying out my examSnalion. I have followed all the applicable Directions given by the Charity Commission under section 145151(bl of the Act. Independ911t examlners'statement I have completed my examination. I confirm th81 no melerial mallers have come to my allentlon In connection with the examination which give me cause lo believe that in. any Male￿al respect.. the accounting records were not k8pI in accordance Nvilh section 130 of the Charllies Act,, or the accounts did not accord ￿1th the accounting records,. or tho accounts did not comply Mqlh the applicable requirements concerning the form and contents of accounts sel out in the Charities IAccounls and Reports) Regulalions 2008 other Ihan any requirement that the accounts glve a 'l¥ue and lair, vlew whlch Is not a maller considered as part ol an independ6nl examination. I have no concerns and have come across no other matters In connecllon Mlh the examination lo which attention should be drawn in this report in order lo enable a prO￿r understanding of Ihe accoL*nls lo be reached. Ir N Hallsm FCCA Crane & Johnslon Ch8rteied Certified ArLounlan15 11 Alverton Teira Penzance, Comwall TRI8 4JH D819......,. SUNNY CORNER PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022 Unrestrlcted Restrlcted Funds Funds Totsl 2022 Total 2021 Notes Incomè Income from charltable actlvltles: Fees 8,1B6 71,146 70 8,185 71,146 70 e,491 69.552 139 Local Authorily fiJndÉng Other income Governrnent granl$- CJRS 1,313 Other trading actlvilles Fundiaising 387 387 175 Invaslments Bank Int@￿$t 28 26 Total Income 79,814 79.814 77,616 Expgndltur• Charitable activilies other- govgrnanrx (x)sts 73.083 f.339 73,083 1.339 69,200 1,343 Total expgndltura 74,422 74.422 70,543 N8t Incomell8xp8ndltur81 5.392 S.392 7,073 Translers belween funds Net movement In funfls 5,392 5,392 7,073 Reconclllatlon of funds Tol81 funds broughl forward 166,2a1 156,231 149,158 Total funds ¢arrigd fornard 10 161.623 181.023 156,231 The stalgmenl ol I￿ancIal a¢tivilies indudes 811 gains and losses re¢ogni89d in the year. All i￿O￿e and expendlture derive Iiom o)niinulnq activlties. ,SUNNY CORNER PRE-SCHOOL BALANCE SHEET AS AT 31 AUGUST 2022 2022 Notos 2021 Flyed Assets Tanglble Assals 41,316 43,792 Current As5efs Debtors Cash al BEnk and in Hand 1,523 120,139 1,230 112,398 Credllors: amou*ts falllng due wlthln ong yoar 121,662 113,628 11,3561 11,1891 Net Current assèts Nèt assets 120,306 112,439 161,623 156,231 Thè funils tsf the eharlty.. URr831ritled funds.. O&slJnaied funds Olh8r charitable fund$ Total charSty funds 35,000 126,623 35.1)00 121,231 10 161,623 156,231 Th@ nol8$ on th8 followlng paues form part of these financial slal&menl5. ThÈ ac¢ounls were apprr)v8d by th& board of Iiuslees on IL and 81gMd on Ihèir behalf by.. Rachel RKhttrds, ruslea Lucy Walls. Tru$le& SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 AcGountlng pollGles Summary ol $lgnlll¢ant a¢¢ountlng poll¢1¢5 and koy a¢couThtlng e8tlrnatos The prlnclpal a¢¢ouollnu pollci&8 applied In the preparolion of these finsncial slalemenls are sel out below. These poli¢k8s hav8 b8en conslslenlly app118d lo all tho years presenlod, unless tslheTrvise slaled. Basls ol pr8paratlon Tha financlal slalemenls have been pr8pare6 in 8¢cordan¢g ￿1h A¢¢ounllng Reporiino by Chariites.. Slelernenl of Recornmended Pracllce- Charitie> SORP IFRS 1021, th8 FlnÉndal Reportlng Standard appliGaWe in IhB UK and Republic ol Ireland. Sunny Coffler P￿-S¢ho￿l mee15 the definilion of a public b6n8fA enllly under FRS 102. A$$els anrs Ilab1111686 are iTrili#lly reeogni$ed al hL%lorieal oosl or trsnsaclion value ullless olh8Nrise slal8d In Ihg rolevanl accounllng polioy nuie$. Golno Goncern Th8 fin8nclal sla18menls have be8n prepared on a 9olng concern basls. There aTe no rn8terial Uncerta￿liss related 10 8V8nl8 crfcond5￿o￿S that may cast doubl Dn Ih8 8bilily of th8 Charity lo cont4nue as a gDing Gonwn. Incom8 a#d 8ndowmont6 Volunlary Incom8, includlyo donallornt, glfis, lega¢tes and oran1$ Ihal prtsvide lunding oi a¥9 of a general nature Is recognlsed wh8n Ihe Char41y has en111￿m￿nI lo the Incom8, 11 18 probthle Ihal thè incomé wlll ￿ rÈ¢elved and th& amounl can be measured wilh 8ufllelenl reli8bllily. Donatlons and lellacl88 Don2llDlls 8nd lega¢lg8 are ye￿g￿lS8￿ on a re￿￿#bIg bo$ts when re¢elpl 1$ probable and Ihe amount c&n be reliabty measured. Grants recelvable Grants gr8 re¢ognlsed when the Chadly ha$ an enlllkmeol to tho funds and any ¢ondttions linked lo Ihe gr8nts have beèn mèl. Where perfoimance wndKlon$ are 8118¢hed ¢0 tho gmnt and ore yel to be mel, the Is fycognlsed as a Ilabilily and Includ8d on t￿ balAnc8 sh8•1 as deferred Income l(Tr b& ￿K¥S$e￿. Donated sarvlces and facllltlbs In 8ccord8ncewilh the Ch8rili8s SORP IFRS 1021. Ihe tlme provlded by gener81 volvnl8ar8 b nol re¢ognl&ed. In¥estmont Income Invesimeni 1￿Come IS fecopnlsed on a receivable basis Charltablè actlvltleg Income from ¢harAabfe aetivit*s indud$s income R¢ogr￿sed as earnBd la8 tho relalod goods or 88Nl¢es arg pro￿￿&￿) under ¢onlraci. Other illcome Malorfèl Incoming ie$our¢g$ from lax ¢18lm$ are Included In Ihe Sl8tem¥nl of Flnan¢lal A¢uvil￿S al the same IIM8 as the glfl lo whl¢h they relate, SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 xpendStUT6 All @￿penditUre 15 recognlsed onc8 there 15 a legal or ￿n￿lluCI￿6 obligallon lo that 8xpendllure', 11 18 piobable selllement Is required-, and Ihe amount ¢an be measvred Teliably. All costs ara allocated lo lh8 8XP8ndlluie h8adlng Ihal aggregate slm11ar cos18 lo that cal&gory. costs cannot be dirsclty allribii16d lo partlculai heading$ Ihey have b86n all[￿aled on a basls con81818nl wilh the use ol resources, wlh central 8taff costs alloca18d on the b8sl8 of time spent, and d6pr8dallon charges allocaled on Ihe portion of the Sssels u58. Olher svpport C081s ar8 811orAl8d based on Ihe spre8d of slaff cost8. Ralslng fund5 Costs ol generallng lunds are th8 costs as$0¢ialed wilh allr8cling volunlary incom8. Charltablg a¢tlvfjtle$ Chaiilable &xp&ndllure cemprlsès those cosls iTrGurred by the ChaFity in Ihe dellvery of Ils activi1￿3 and servlc8s for 118 b8nèliciarfès. 11 includes both costs Ihal can b& allocated direciiy lo such aclivilies and those costs of an indlrecl nalur8 necessary lo support Iham. Support cost8 Suppori ¢osl$ Include ¢enlro1 lyn¢llons and have bee￿ allocaled 10 2clSvity cosl categortes on a ba&1& con8lsl8rt Ihe us8 ol r&sources, forexamplè, allocalin9 slaff c05L8 by the Ilme spenl and olher costs bytheir us8ge. Governance cosis Governance co818 Include ¢o$ts ol Ib$ preparallon and examlnalkin of Ihe statulory accounts, th8 costs of trust88 meelings and Ihe cost of any legal advlce lo Irvsle&$ on u0verna￿ or conslilulional mallers. Irr¢¢OVtrrab￿ VAT Irr6wverabl8 VAT is charg8d agalnsl th8 cal8goryof 18sourc&s expended forwhl¢h Itwas ￿eutrO￿. Taxatlon The charily is ccfflsidered lo pa88 the lesls set oul in Paragiaph 1 Sthedule 6 of lh8 Fthanr* Act 2010 and Iherelore il meets Ihe definllion of a charity foi UK corporalion tax purposes. Accordingly, lh8 Charily is polonlially èxempl from 13xatltsn Tn iesp£ct ol income 01 capital 9ains received wilhln categories covered by Ch8pl8r 3 Part 11 of the Corporallon Tax AGI 2010 or Seclion 256 ol Ihp T8xalion of Chargeable Gains Act 1992, to th8 @￿en1 that su¢h incomo or galns arè appl￿￿ gx¢luslvely lo ¢haiilable purposes. Tanglbl& Ilxed assgt8 and deweclallon Tangiblp fixed asse15 are staled al cosl less depreclalion. D8precialion is provld8d al rales calculated lowrite off the cosl les5 esliTrialed re5¥Jual value of each asset over ils oxpecl8d useful IlfÈ. as follows.. Indlvidual flxed 8s$els ¢OSllng £100 or more are ¢apilalised al cost Furnllur8 and equlpmenl Comput8rs Leasehold bulldlngs 20.kn per annum Dn a reducing balaTr￿ ba818 25% per annum on a reducing balance ba51s 5% pgr annum OD a r&du¢lng balance basis Cash at bank and In hand Ca$h al bank In hand In¢lude$ cash and short term hlghty I￿￿k1 Inwslmeni8 Ihal ar8 readily conv8rtib18 10 8 known amounl of rash an(5 are $ubSe¢l to en In$lgnif￿allt risk of ejiange in value. SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 Trad& credltors Trade crodilors ar8 oblbalions lo pay for goods or $ervices Ihal ha￿ been acqulred In Ihe ordlnary course of busln88s from suppllw$. Accounts payable are ¢la$sifted a$ curranl liabil'lies it th8 Charily does nol have an uncondlllonal Aghl, al Ihe 8nd of tha i$portlng peilod, lo dgfer Setllemenl of Ihe oredilor For al le881 Iwelva month8 afler Ihe repDrtir¥J dal&. 11 Iher8 Is an uncondllitrnal right lo dsfer selllemgnl foi al least twelve months after the reporting dale. Ih8y ar8 pre88nled 8s non-currenl liabllilies. Trade Cred￿Or8 are recognised Initial￿ al the Iran$a¢llon prfee and subsequently measured al amortised cost kJsln9 Ihe efteclive Inieresl melhod. Flnanclal Instrumènl8 The chaTily only has financlal 8ssols and finan￿911[abl1lfleS of a kind Ihal quslify as baslc finanoal In8lruM8nts. Baslc financial Instruments are Inlilally ie¢ognl&ed 81 Ifansa¢Mtsn vqlue and subsequenlty measur8d at Ihelr sellf8m8nl value. Fund accounllng Unreslrioled funds are don81ions 8nd other Incomiw resources recefvab18 or ueneraled for the objeds of the charity wilhoul further 5peGifie¢J purpose and &re avallable as general funds. D&8iqna18d funds 4$ a provl$lon mgde for redundgn¢y sosl$ and represenls Iranslers from unr881rlc18d funds 8S agr&8d by Tru$ie8$. Rgslii¢l£d fuTK(5 are sublecl lo spe¢itlc condillons by donoF8 and granl maklng bodies as lo how Ihoy may be used. The purposes and uses ollhe iesiri¢ied fund$ are sel out in Ihe notes lo the ac£ounls. SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 Trustee8 None of Ihg Iiuslees lor any persons conn&cled wlth Ih&ml received any remuneralion or were relmbursed expens88 during the ￿Or. Exponditurfj on Ch&rllabl6 Actlvltles Day Gare 2- S yearg: 2022 2021 Salarl8$ Pr8mis88 ¢0$1$ Toys 8nd 8qtJlpmènl R6freshm8nls and consumables Trllephone and st81ionery Sunclries Support ¢osis In0￿ 41 42,660 5,989 2,785 40,869 5,39S 1,248 1,048 457 20,143 813 79S 20,081 69,200 SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 An?lysls of Support C0818 Man8gemÈiit & Flnance staff Propgrty co818 Oth8r ¢osts Tofal Charflable actfvllles Olhar- goveinon¢e costs I￿18 51 14,348 394 2,969 2.827 945 20,143 1.339 14,742 3,772 21,482 Analy$ls of govemarÈce costs 2022 2021 Salarles Independenl & account5 394 945 3ty3 950 1,343 Analy815 of staff ¢o8t8 2022 2021 W8gos salarl8s Penslon costs 56,216 1,188 SY,402 54,653 1.290 55.943 ThÉiÈ wÈrÉ no ern￿OYeeS whose emoluments were £60,000 or more The average number of full Ilm& emptoye&&, analysÈd by fufi¢V)n, was 2022 Nurnbor 2021 Mumb&r Adivilie$ 10 furtherihe thaiily's oblecl$ Management and 8dmlnlslrallDn Average numberoffull ￿me equlv8bnl employees durfng tho peilod SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 Tanglblè flxèd as$èts Flxluro8, ttings & Bulldlnus Total Cost Al 1 Seplernber2021 At 31 August 2[122 96,457 96.457 21,233 21.233 117690 117.690 OepTeclation Al I S8pl8mber 2021 Ch8roe foryegr 54,461 2,IOD 19,437 376 73,898 2,476 At August 2022 56.661 19,813 76.374 118t book value Af 31 Augu8t 2022 39,898 1,420 41,216 Al I SepiÈmbèi 2021 41,996 1,798 43,792 Dobtorts 2022 2021 Operallonal Debtors Prepayments 618 q,ooB 251 Q79 1.230 CredltOTS: amovnts falllng dua wlthln ono y8ar 2022 2021 Operallon81 uedllors Soctal Eecurily and olhertsxw Acciuals 21 248 920 226 1,012 SUNNY CORNER PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022 10 Unroslrlctad olthe Ch&rlty Conllnueiicy Genei)I F￿nd Tota 2•21 2022 B8larte al ISt8epiember 2021 Movem&ntln futhl$ lor Ihtryear 86.000 156.231 ts,392 5,392 7,073 Bolan¢fy at318t Aiigu812022 126.623 156 231 De$lunoted fund8: Balance as al Tr&tt9f4rrod hi D110W2f121 th• Yalancp at 3110812022 Conllnwnwr8sewe 36,000 Th8contiworty rÈsétVg Is a lo meel unexpe¢ieJ should thay8ri¥e. 12 An¢lysls ofnot a$8•ts N9t¢Uwe￿L AssBi$ FIx8d Asset& Totol 2022 Total 2021 G2nwBI Fund D8%gngted Funds 5.306 35.000 41,316 126.622 ?5.000 121,231 $5,000 120.306 41.316 161,628 156 231 Trustees, Annual Report for the period Period slarl dale Perlod end dale From Section A Reference and administration details Charlty name Sunny Corner Pre School other names charSty Is known by Sunny Corner Children's Centre Registered charity number Ilf any) 1039880 Charity's princlpal address Chynoweth lane, St Hilary PenzanGe Cornwall Postcode TR20 9DR Names of the charity trustees who manage the charity Dat85 acled If tlot for whole ear Trustee nan7e Office Ilf anyl Name of person lor body) erttlt18d toa olnl trustee If an Members Lucy Walls Rachel Richards Chairperson Treasurer 0211212021 13110116 - ongoing 17110119 - ongoing 0211212021 Members Samantha Strick Deputy Chairperson Secretary Members Alexandra Uren Meinbers Rebecca Gray Laura Auld 0211212021 Members Member 0211212021 Members Names of the trustees for the charlty, If any, {for example, any Custodian trustees) Name Dates acted if not for whole ear Name$ and addresses of advisers {Optional information) e of adviser Name Address Name of chlef executive or names of senior 8tsff members (Optional Information} Manager.. Marie Butts TAR March 2012 Section B Structure, overnance and management Description of Ihe Gharlty's trusts Pre-school Learning AllianGe Constitution Type of governing document How the charity is consliluled Association Trustee selection methods Elected by parent body at AGM Additional governance Issues (Optional Informatlon You may choose to include additional information, where relevanl, about.. policies and procedures adopted for Ilie induction and training of trustees,. the charity's organisalional structure and any wider nelwork with which the charlly relationship wilh any related parties; Iruslees, consideration of major risks and the system arKt procedures to manag8 them. Section C Ob"ectives and activities To enhan￿ the development and education of children under the slalulory SGhool age and to provide quallly childcare for Ghildren age 2-5 years old. To support and advice parenlsjcarers. Summary of the objects of the charlty set out in Its govornlng document TAR Maich 2012 1. Pre-school education for 3 and 4 year olds. 2. Childc8re for 2-5 year olds. 3. Support and adviGe for parenUGarers Summary ofthe main activities undertaken for the public beneflt In rolatlon to these ob}ects (Include wlthln thls section the statutory declaration that trustees have had regard to the guidance i55ued by the Charity Commisslon on public benefit) Additlonal detalls of objectives and actlvltles (Optlonal Information) You may choose to include further stalemenls, where relevant. about.. policy on granlmaking. policy programme related investment- conlribulion made by volunteers. TAR MaTch 2012 Section D Achievements and performance Summary of the maln achlevements ofthe charity during the year We Gonlinued to develop our implication of the EYFS providing high quality care and education fDr all children. Practice was fully open again after Coronavirus pandemic and operatlng as normal. We held several fundraising events throughoul the year, which included cake sale which was led by the Committee, raffles and our summer sports day. Fundraising was spent on equipment for the children We continued lo deliver good quality Iransition procedures for Children leaving us lo start primary school and reports from parentslcarers wore all very positive with children sellling well into their new classrooms. The children were able to visil the school and use their library. The reception teacher was able to visit the children. We continued to implement our bLtildings improvement plan which will ensure our prefab buildings are properly maintained. Section E Financial review The Charity maintains a contingency reseNe to cover any unforeseen expenses or unexpected reductions in funding. This designated reserve currently stands at £35,000. and it is the p)licy of the trustees to add lo Ihis when circumstances allow. The aim of the trustees 18 to hold unrestricted nel current assets sufficient lo meet six months, expenditure. At the balance sheel date unieslriGted net Gurrent assets, including the contin en¢ fund amounted to £126,623 which meets the trustees aim. Brief statemant of the Charity's policy on reserves Detalls of any funds materlally In deflcit No funds wero mat8rially in deficit. Further financlal review details (Optional information) You may choose to include additional information, where relevant about.. the charity's principal gources of funds {including any fundraising},' how expenditure has supported the key objectives of Ihe charity., inveslmenl policy and objectives including artry ethical investment poli¢y adopted. TAR March 2012 Section F Other optional information Section G Declaration The trustee3 declare that they have approved the trustees, report above, Slgned on behalf of the charlty's trustees Slgnaturels) Full namels) Posltion leg Secretary, Chair, etc) Lucy Watts Chalr Date TAR March 2012