## **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