## **Trustees’ Annual Report for the period**
**From 1/9/23 Period start date 31/8/24 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
identified in the 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**
**● Providing learning opportunities**
**and experiences for children**
**within the local community**
**● Providing support and guidance to**
**parents**
**● Preparing children for school**
**● Taking part in group activities**
**● Supporting children’s**
**development**
**● Providing employment**|
## **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|**£50,043 - £29,748 carried over from 22/23.**|
|
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.**
**Numbers fluctuate regularly throughout**
**the year as children join the setting or**
**move on to other settings.**|
|Amount of reserves held|Para 1.22|
**£50,043**|
|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)**
Youmay choose toincludefurtherstatementswhererelevant about:|||
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**n/a**|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**n/a**|
|A description of the principal
risks facing the charity|Para 1.46|**n/a**|
|Other||**n/a**|
## **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)**
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||
|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
1
0
1
1
1
2
1
3
1
4
1
5
1
6
1
7
1
8
1
9
2
0|**Trustee name**|**Office (if any)**|**Dates acted if**
**not for whole**
**year**
**Name of person (or body) entitled to**
**appoint trustee (if any)**|
|---|---|---|---|
||Claire Woodyet|Chair|January 2024
- Present
Management Committee|
||Sara Adams|Secretary|October 2023
-present
Management Committee|
||Laurie Coupland|Treasurer|October 2023
-present
Management Committee|
||Beth Minor|Trustee|October 2023
- August 2024
Management Committee|
||Karen Brock|Trustee|October 2023
- August 2024
Management Committee|
||Amy Bennion|Trustee|October 2023
- August 2024
Management Committee|
||Vanessa Delaney|Trustee|October 2023
- August 2024
Management Committee|
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
– 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
held in this capacity|n/a|
|---|---|
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|n/a|
|Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|n/a|
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|---|
|**Type of**
**adviser**
**Name**
**Address**||||
|||||
|||||
|||||
|||||
|**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**
**Signature(s) Full name(s) Position (eg secretary, chair, etc) Date**
Wetley Rocks Pre-School Annual Report and Financial Statements for the Year Ended 31 August 2024
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 2024, 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
18 October 2024
Page 1
## **Wetley Rocks Pre-School**
## **Statement of Financial Activities for the Year Ended 31 August 2024**
|**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**
**£**
84,715
84,715
64,420
64,420
20,295
29,748
50,043|**Total Funds**
**2024**
**£**
84,715
84,715
64,420
64,420
20,295
29,748
50,043|**Total Funds**
**2023**
**£**
56,598|
|---|---|---|---|
||||56,598|
||||63,116|
||||63,116|
||||(6,518)
36,266|
||||29,748|
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 2024**
|||**2024**|||**2023**|||
|---|---|---|---|---|---|---|---|
||**£**||**£**|**£**||**£**||
|**Current assets**||||||||
|Cash at bank and in hand|||50,043||||29,748|
|**Net assets**|||50,043||||29,748|
|**The funds of the charity:**||||||||
|**Unrestricted funds**||||||||
|Unrestricted income funds|||50,043||||29,748|
|**Total charity funds**|||50,043||||29,748|
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 2024**
## **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 7.
## **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 2024**
_......... continued_
## **2 Voluntary income**
|**Donations and legacies**
Fees
Activities
Grants - Milk
Grants - SCC
Interest on cash deposits|**Unrestricted**
**Funds**
**£**
16,024
1,224
323
66,925
219
84,715|**Total Funds**
**2024**
**£**
16,024
1,224
323
66,925
219
84,715|**Total Funds**
**2023**
**£**
16,623
1,491
269
38,215
-|
|---|---|---|---|
||||56,598|
## **3 Grants receivable**
|Grants - Milk
Grants - SCC|**Unrestricted**
**Funds**
**£**
323
66,925
67,248|**Total Funds**
**2024**
**£**
323
66,925
67,248|**Total Funds**
**2023**
**£**
269
38,215|
|---|---|---|---|
||||38,484|
Page 5
## **Wetley Rocks Pre-School**
## **Notes to the Financial Statements for the Year Ended 31 August 2024**
_......... continued_
## **4 Total resources expended**
|**Direct costs**
Fundraising costs
Employment costs
Employment costs
Rent and rates
Repairs and maintenance
Office expenses
Sundry and other costs
Travel and subsistence
**Support costs**
Accountancy fees|**Donations**
**and legacies**
**£**
1,805
258
53,461
5,584
1,251
521
1,118
320
64,318
102
64,420|**Total**
**£**
1,805
258
53,461
5,584
1,251
521
1,118
320|
|---|---|---|
|||64,318
102|
|||64,420|
## **5 Employees' remuneration**
The aggregate payroll costs of these persons were as follows:
|Wages and salaries|**2024**
**£**
53,461|**2023**
**£**
52,798|
|---|---|---|
No employee received emoluments of more than £60,000 during the year (2023 - No. 0).
Page 6
## **Wetley Rocks Pre-School**
## **Notes to the Financial Statements for the Year Ended 31 August 2024**
_......... continued_
## **6 Related parties**
## **Controlling entity**
The charity is controlled by the trustees.
## **7 Analysis of funds**
||**At 1**||||
|---|---|---|---|---|
||**September**|**Incoming**|**Resources**|**At 31**|
||**2023**|**resources**|**expended**|**August 2024**|
||**£**|**£**|**£**|**£**|
|**General Funds**|||||
|Unrestricted income fund|29,748|84,715|(64,420)|50,043|
## **8 Net assets by fund**
|Current assets
Net assets|**Unrestricted**
**Funds**
**£**
50,043
50,043|**Total Funds**
**2024**
**£**
50,043
50,043|**Total Funds**
**2023**
**£**
29,748|
|---|---|---|---|
||||29,748|
Page 7
## **Wetley Rocks Pre-School**
## **Statement of financial activities by fund Year Ended 31 August 2024**
|**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**
**2024**
**£**
84,715
84,715
64,420
64,420
20,295
29,748
50,043|**Unrestricted**
**income fund**
**2023**
**£**
56,598|
|---|---|---|
|||56,598|
|||63,116|
|||63,116|
|||(6,518)
36,266|
|||29,748|
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 2024
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 2024, 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
18 October 2024
Page 1
## **Wetley Rocks Pre-School**
## **Statement of Financial Activities for the Year Ended 31 August 2024**
|**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**
**£**
84,715
84,715
64,420
64,420
20,295
29,748
50,043|**Total Funds**
**2024**
**£**
84,715
84,715
64,420
64,420
20,295
29,748
50,043|**Total Funds**
**2023**
**£**
56,598|
|---|---|---|---|
||||56,598|
||||63,116|
||||63,116|
||||(6,518)
36,266|
||||29,748|
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 2024**
|||**2024**|||**2023**|||
|---|---|---|---|---|---|---|---|
||**£**||**£**|**£**||**£**||
|**Current assets**||||||||
|Cash at bank and in hand|||50,043||||29,748|
|**Net assets**|||50,043||||29,748|
|**The funds of the charity:**||||||||
|**Unrestricted funds**||||||||
|Unrestricted income funds|||50,043||||29,748|
|**Total charity funds**|||50,043||||29,748|
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 2024**
## **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 7.
## **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 2024**
_......... continued_
## **2 Voluntary income**
|**Donations and legacies**
Fees
Activities
Grants - Milk
Grants - SCC
Interest on cash deposits|**Unrestricted**
**Funds**
**£**
16,024
1,224
323
66,925
219
84,715|**Total Funds**
**2024**
**£**
16,024
1,224
323
66,925
219
84,715|**Total Funds**
**2023**
**£**
16,623
1,491
269
38,215
-|
|---|---|---|---|
||||56,598|
## **3 Grants receivable**
|Grants - Milk
Grants - SCC|**Unrestricted**
**Funds**
**£**
323
66,925
67,248|**Total Funds**
**2024**
**£**
323
66,925
67,248|**Total Funds**
**2023**
**£**
269
38,215|
|---|---|---|---|
||||38,484|
Page 5
## **Wetley Rocks Pre-School**
## **Notes to the Financial Statements for the Year Ended 31 August 2024**
_......... continued_
## **4 Total resources expended**
|**Direct costs**
Fundraising costs
Employment costs
Employment costs
Rent and rates
Repairs and maintenance
Office expenses
Sundry and other costs
Travel and subsistence
**Support costs**
Accountancy fees|**Donations**
**and legacies**
**£**
1,805
258
53,461
5,584
1,251
521
1,118
320
64,318
102
64,420|**Total**
**£**
1,805
258
53,461
5,584
1,251
521
1,118
320|
|---|---|---|
|||64,318
102|
|||64,420|
## **5 Employees' remuneration**
The aggregate payroll costs of these persons were as follows:
|Wages and salaries|**2024**
**£**
53,461|**2023**
**£**
52,798|
|---|---|---|
No employee received emoluments of more than £60,000 during the year (2023 - No. 0).
Page 6
## **Wetley Rocks Pre-School**
## **Notes to the Financial Statements for the Year Ended 31 August 2024**
_......... continued_
## **6 Related parties**
## **Controlling entity**
The charity is controlled by the trustees.
## **7 Analysis of funds**
||**At 1**||||
|---|---|---|---|---|
||**September**|**Incoming**|**Resources**|**At 31**|
||**2023**|**resources**|**expended**|**August 2024**|
||**£**|**£**|**£**|**£**|
|**General Funds**|||||
|Unrestricted income fund|29,748|84,715|(64,420)|50,043|
## **8 Net assets by fund**
|Current assets
Net assets|**Unrestricted**
**Funds**
**£**
50,043
50,043|**Total Funds**
**2024**
**£**
50,043
50,043|**Total Funds**
**2023**
**£**
29,748|
|---|---|---|---|
||||29,748|
Page 7
## **Wetley Rocks Pre-School**
## **Statement of financial activities by fund Year Ended 31 August 2024**
|**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**
**2024**
**£**
84,715
84,715
64,420
64,420
20,295
29,748
50,043|**Unrestricted**
**income fund**
**2023**
**£**
56,598|
|---|---|---|
|||56,598|
|||63,116|
|||63,116|
|||(6,518)
36,266|
|||29,748|
This page does not form part of the statutory financial statements.
Page 8