Trustees’ Annual Report for the period
From 01 Sep 2019 Period start date To 30 Aug 2020 Period end date
Charity name: Wetley Rocks Pre-School
Charity registration number: 1040066
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The aims of the Pre-school are to enhance development and education of children primarily under statutory school **age. ** |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identifiedinthe accounts. |
Para 1.17 and 1.19 |
Offering appropriate play, educational and care facilities, family learning, together with the right of parents to take responsibility for, and become involved in activities of such groups. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Yes the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers N/A Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Providing childcare to the local community Preparing children for school Taking part in group activities Supporting development Providing employment |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Achievements against objectives set |
Para 1.41 | N/A |
| Performance of fundraising activities against objectives set |
Para 1.41 | N/A |
| Investment performance against objectives |
Para 1.41 | N/A |
| Other | N/A |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Fund total £44192 – £26469 carried over from previous year |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Funds have been saved to ensure the charity can continue to run in the event that the future income is reduced |
| Amount of reserves held | Para 1.22 | **£44192 ** |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional) You may choose to include further statements where relevant about: N/A The charity’s principal sources of funds (including Para 1.47 any fundraising) N/A Investment policy and objectives including any Para 1.46 social investment policy adopted N/A A description of the principal Para 1.46 risks facing the charity N/A Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Pre-school Learning Alliance Model Pre-school Constitution 2011 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charity Unincorporated Organisation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustee’s are a Management Committee, appointed through an Annual General Meeting |
Additional information (optional)
| Additional information (optional) | Additional information (optional) | Additional information (optional) |
|---|---|---|
| You may choose to include further statements where relevant about: | ||
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | N/A |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | N/A |
| Relationship with any related parties |
Para 1.51 | N/A |
| Other | N/A |
Reference and Administrative details
| Charity name | Wetley Rocks Pre-School |
|---|---|
| Other name the charity uses | None |
| Registered charity number | 1040066 |
| Charity’s principal address | Wetley Rocks Village Hall Mill Lane Wetley Rocks Staffordhsire ST9 0BN |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Vanessa Delaney | N/A | 20 Nov 2019 | Chair | |
| Clare Tether | N/A | 20 Nov 2019 | Chair | |
| Victoria Baxendale | N/A | 20 Nov 2019 | Chair | |
| Faye Westhead | N/A | 20 Nov 2019 | Chair | |
| Stephanie Powell | N/A | 20 Nov 2019 | Chair | |
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
N/A
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| gne on ea o Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
carys rusees | carys rusees |
|---|---|---|
Vanessa Delaney |
Faye Westhead | |
Chairperson |
Treasurer | |
| 08 Jul 2021 | ||
| 08 Jul 2021 |
Wetley Rocks Pre-School Annual Report and Financial Statements for the Year Ended 31 August 2020
P L Whittaker Taxation 50 Broad Street Leek Staffordshire ST13 5NS
Independent Examiner's Report to the Trustees of
Wetley Rocks Pre-School
I report on the accounts of the Trust for the year ended 31 August 2020, which are set out on pages 2 to 7.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
......................................... P L Whittaker P L Whittaker Taxation
50 Broad Street Leek Staffordshire ST13 5NS
27 September 2020
Page 1
Wetley Rocks Pre-School
Statement of Financial Activities for the Year Ended 31 August 2020
| Note Incoming resources Incoming resources from generated funds Voluntary income 2 Total incoming resources Resources expended Costs of generating funds Costs of generating voluntary income 4 Total resources expended Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 77,857 77,857 60,134 60,134 17,723 26,469 44,192 |
Total Funds 2020 £ 77,857 77,857 60,134 60,134 17,723 26,469 44,192 |
Total Funds 2019 £ 65,114 |
|---|---|---|---|
| 65,114 | |||
| 63,764 | |||
| 63,764 | |||
| 1,350 25,119 |
|||
| 26,469 |
All incoming resources and resources expended derive from continuing activities.
The charity has no recognised gains or losses for the year other than the results above.
The notes on pages 4 to 7 form an integral part of these financial statements.
Page 2
Wetley Rocks Pre-School
Balance Sheet as at 31 August 2020
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | ||||
| Current assets | |||||||
| Cash at bank and in hand | 44,192 | 26,469 | |||||
| Net assets | 44,192 | 26,469 | |||||
| The funds of the charity: | |||||||
| Unrestricted funds | |||||||
| Unrestricted income funds | 44,192 | 26,469 | |||||
| Total charity funds | 44,192 | 26,469 |
The notes on pages 4 to 7 form an integral part of these financial statements.
Page 3
Wetley Rocks Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2020
1 Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, applicable accounting standards and the Charities Act 2011.
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the trustee's discretion in furtherance of the objectives of the charity.
Further details of each fund are disclosed in note 8.
Incoming resources
Voluntary income including donations, legacies and grants that provide core funding or are of a general nature is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds are the costs associated with attracting voluntary income.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Operating leases
Rentals payable under operating leases are charged in the statement of financial activities on a straight line basis over the lease term.
Page 4
Wetley Rocks Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2020
......... continued
2 Voluntary income
| Donations and legacies Donations Fees Activities Grants - Milk Grants - SCC |
Unrestricted Funds £ - 12,570 181 231 64,875 77,857 |
Total Funds 2020 £ - 12,570 181 231 64,875 77,857 |
Total Funds 2019 £ 1,177 22,896 1,793 32 39,216 |
|---|---|---|---|
| 65,114 |
3 Grants receivable
| Grants - Milk Grants - SCC |
Unrestricted Funds £ 231 64,875 65,106 |
Total Funds 2020 £ 231 64,875 65,106 |
Total Funds 2019 £ 32 39,216 |
|---|---|---|---|
| 39,248 |
Page 5
Wetley Rocks Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2020
......... continued
4 Total resources expended
| Direct costs Fundraising costs Insurances Employment costs Rent and rates Repairs and maintenance Office expenses Sundry and other costs Travel and subsistence Support costs Accountancy fees |
Donations and legacies £ 1,339 719 50,787 4,216 733 1,168 780 290 60,032 102 60,134 |
Total £ 1,339 719 50,787 4,216 733 1,168 780 290 |
|---|---|---|
| 60,032 102 |
||
| 60,134 |
5 Trustees' remuneration and expenses
No trustees received any remuneration during the year.
6 Employees' remuneration
The aggregate payroll costs of these persons were as follows:
| Wages and salaries | 2020 £ 50,787 |
2019 £ 49,463 |
|---|---|---|
No employee received emoluments of more than £60,000 during the year (2019 - No. 0).
Page 6
Wetley Rocks Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2020
......... continued
7 Related parties
Controlling entity
The charity is controlled by the trustees.
8 Analysis of funds
| General Funds Unrestricted income fund |
At 1 September 2019 £ 26,469 |
Incoming resources £ 77,857 |
Resources expended £ (60,134) |
At 31 August 2020 £ 44,192 |
|---|---|---|---|---|
9 Net assets by fund
| Current assets Net assets |
Unrestricted Funds £ 44,192 44,192 |
Total Funds 2020 £ 44,192 44,192 |
Total Funds 2019 £ 26,469 |
|---|---|---|---|
| 26,469 |
Page 7
Wetley Rocks Pre-School
Statement of financial activities by fund Year Ended 31 August 2020
| Incoming resources Incoming resources from generated funds Voluntary income Total incoming resources Resources expended Costs of generating funds Costs of generating voluntary income Total resources expended Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted income fund 2020 £ 77,857 77,857 60,134 60,134 17,723 26,469 44,192 |
Unrestricted income fund 2019 £ 65,114 |
|---|---|---|
| 65,114 | ||
| 63,764 | ||
| 63,764 | ||
| 1,350 25,119 |
||
| 26,469 |
This page does not form part of the statutory financial statements.
Page 8
Wetley Rocks Pre-School Annual Report and Financial Statements for the Year Ended 31 August 2020
P L Whittaker Taxation 50 Broad Street Leek Staffordshire ST13 5NS
Independent Examiner's Report to the Trustees of
Wetley Rocks Pre-School
I report on the accounts of the Trust for the year ended 31 August 2020, which are set out on pages 2 to 7.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
......................................... P L Whittaker P L Whittaker Taxation
50 Broad Street Leek Staffordshire ST13 5NS
27 September 2020
Page 1
Wetley Rocks Pre-School
Statement of Financial Activities for the Year Ended 31 August 2020
| Note Incoming resources Incoming resources from generated funds Voluntary income 2 Total incoming resources Resources expended Costs of generating funds Costs of generating voluntary income 4 Total resources expended Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 77,857 77,857 60,134 60,134 17,723 26,469 44,192 |
Total Funds 2020 £ 77,857 77,857 60,134 60,134 17,723 26,469 44,192 |
Total Funds 2019 £ 65,114 |
|---|---|---|---|
| 65,114 | |||
| 63,764 | |||
| 63,764 | |||
| 1,350 25,119 |
|||
| 26,469 |
All incoming resources and resources expended derive from continuing activities.
The charity has no recognised gains or losses for the year other than the results above.
The notes on pages 4 to 7 form an integral part of these financial statements.
Page 2
Wetley Rocks Pre-School
Balance Sheet as at 31 August 2020
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | ||||
| Current assets | |||||||
| Cash at bank and in hand | 44,192 | 26,469 | |||||
| Net assets | 44,192 | 26,469 | |||||
| The funds of the charity: | |||||||
| Unrestricted funds | |||||||
| Unrestricted income funds | 44,192 | 26,469 | |||||
| Total charity funds | 44,192 | 26,469 |
The notes on pages 4 to 7 form an integral part of these financial statements.
Page 3
Wetley Rocks Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2020
1 Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, applicable accounting standards and the Charities Act 2011.
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the trustee's discretion in furtherance of the objectives of the charity.
Further details of each fund are disclosed in note 8.
Incoming resources
Voluntary income including donations, legacies and grants that provide core funding or are of a general nature is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds are the costs associated with attracting voluntary income.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Operating leases
Rentals payable under operating leases are charged in the statement of financial activities on a straight line basis over the lease term.
Page 4
Wetley Rocks Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2020
......... continued
2 Voluntary income
| Donations and legacies Donations Fees Activities Grants - Milk Grants - SCC |
Unrestricted Funds £ - 12,570 181 231 64,875 77,857 |
Total Funds 2020 £ - 12,570 181 231 64,875 77,857 |
Total Funds 2019 £ 1,177 22,896 1,793 32 39,216 |
|---|---|---|---|
| 65,114 |
3 Grants receivable
| Grants - Milk Grants - SCC |
Unrestricted Funds £ 231 64,875 65,106 |
Total Funds 2020 £ 231 64,875 65,106 |
Total Funds 2019 £ 32 39,216 |
|---|---|---|---|
| 39,248 |
Page 5
Wetley Rocks Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2020
......... continued
4 Total resources expended
| Direct costs Fundraising costs Insurances Employment costs Rent and rates Repairs and maintenance Office expenses Sundry and other costs Travel and subsistence Support costs Accountancy fees |
Donations and legacies £ 1,339 719 50,787 4,216 733 1,168 780 290 60,032 102 60,134 |
Total £ 1,339 719 50,787 4,216 733 1,168 780 290 |
|---|---|---|
| 60,032 102 |
||
| 60,134 |
5 Trustees' remuneration and expenses
No trustees received any remuneration during the year.
6 Employees' remuneration
The aggregate payroll costs of these persons were as follows:
| Wages and salaries | 2020 £ 50,787 |
2019 £ 49,463 |
|---|---|---|
No employee received emoluments of more than £60,000 during the year (2019 - No. 0).
Page 6
Wetley Rocks Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2020
......... continued
7 Related parties
Controlling entity
The charity is controlled by the trustees.
8 Analysis of funds
| General Funds Unrestricted income fund |
At 1 September 2019 £ 26,469 |
Incoming resources £ 77,857 |
Resources expended £ (60,134) |
At 31 August 2020 £ 44,192 |
|---|---|---|---|---|
9 Net assets by fund
| Current assets Net assets |
Unrestricted Funds £ 44,192 44,192 |
Total Funds 2020 £ 44,192 44,192 |
Total Funds 2019 £ 26,469 |
|---|---|---|---|
| 26,469 |
Page 7
Wetley Rocks Pre-School
Statement of financial activities by fund Year Ended 31 August 2020
| Incoming resources Incoming resources from generated funds Voluntary income Total incoming resources Resources expended Costs of generating funds Costs of generating voluntary income Total resources expended Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted income fund 2020 £ 77,857 77,857 60,134 60,134 17,723 26,469 44,192 |
Unrestricted income fund 2019 £ 65,114 |
|---|---|---|
| 65,114 | ||
| 63,764 | ||
| 63,764 | ||
| 1,350 25,119 |
||
| 26,469 |
This page does not form part of the statutory financial statements.
Page 8