REGISTERED CHARITY NUMBER: 1040410 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 FOR GAYTON PRE-SCHOOL UNIT Michael Donnan & Co Limited Oaktree Court Business Clr Mill Lane Ness Cheshire CH64 8TP
GAYTON PRE-SCHOOL UNIT CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 Pag8 Report of the Trustees Independent Examlnor's Report ststement of Flnancial Activities Balance She•t Notes to the Financial Ststements 6 to 10 Detal led Ststement of Financial Activities 11 to 12
GAYTON PRE-SCHOOL UNIT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 The trustees present their report with the financial statements of the charity for the ye8r ended 31 July 2024. The trustees have adopted Ihe promsions of Accounting and Reporting by Charities.. statement of Recommended Practice applicable to charities preparing their accounts in accordance w'th the Financia Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The charity was registered on 25 August 1994 to provide a pre-school for children aged 2-4 for all day care during school term time. It is governed by its constitution adopted 17 March 1994. Public benefit The charity's trustees have complied with the duty in section 4 of the 2006 Acl to have due regard to public benefit guidance published by the Chan'ty Commission. ACHIEVEMENT AND PERFORMANCE Charitsble activities The charity operates a pre-school unit linked to Gayton Primary School on the Wirral to provide eAre and early education, preparing the children for their move on to school. FINANCIAL REVIEW Flnancial position The amount of reserves held is shown on the Balan Sheet with Note 8 showing the Movement in Funds. Reserves policy The policy of the charity 15 to ret8in a levd of reserves sufficient to enable it to continue to operate for the short term. It is hoped that an unrestricted reserve of at least 3 months typical expenditure can be maintained. STRUCTURE, GOVERNANCE AND MANAGEMENT Goveming document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. Recruitment and appointment of new trustees Trustees are generally appointed from parents of children using the pre-school unit. Organisational structure The Trustees delegate day-to-day management of the unit to the Pr&School Unit Manager, Mrs H Ingman. REFERENCE AND ADMINISTRATIVE DETAILS Registerod Charity number 1040410 Page 1
GAYTON PRE-SCHOOL UNIT REPORTOF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 Principal address Gayton Pre SGhool Unit Gayton Road Heswall CH60 8PZ Trustees Mrs F M Currie Mrs S Prescott Mrs J Daffern Mrs C Harper MrsA C INing Ms C L Shokrollahi Independent Examiner Michael Donnan & Co Limited Oaktree Court Business Ctr Mill Lane Ness Cheshire CH64 8TP Approved by arder of the board of trustees on behalf by: and signed on its Mrs A C Irving - Trustee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GAYTON PRE-SCHOOL UNIT Independent examinefs report to the trustees of Gayton Pre-school Unit I report to the charity trustees on my examination of the accounts of Gayton Pre-school Unit (the Trust) for the year ended 31 July 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examiner's ststement I have completed my examination. I confinn that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by Section 130 of the Act., or the accounts do not accord with those records. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no COnrnS and have corne across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Michael Donnan Michael Donnan & Co Limited Oaktree Court Business Ctr Mill Lane Ness Cheshire CH64 8TP Date: .lo..L. .&.*£........ Page 3
GAYTON PRE4CHOOL UNIT STATEMENTOF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024 3117124 Unrestricted fund 3117123 Total funds Notes INCOME AND ENDOWMENTS FROM Charltable actlvlties Pre-school income 129,689 110,994 EXPENDITURE ON Charltable actlvitles Charltable expenses 118,950 125,462 NET INCOMEI(EXPENDITURE) 10,739 (14,468) RECONCILIATION OF FUNDS Total funds brought fonmard 25,901 40,369 TOTAL FUNDS CARRIED FORWARD 36,640 25,901 The notes form part of these financial statements Page 4
GAYTON PRE-SCHOOL UNIT BALANCE SHEET 31 JULY 2024 3117124 Unrestricted fund 31t7123 Total funds Notes FIXED ASSETS Tangible assets 214 348 CURRENT ASSETS Cash at bank 39,873 31,137 CREDITORS Amounts falling due within one year {3,447) (5,584) NET CURRENT ASSETS 36,426 25,553 TOTAL ASSETS LESS CURRENT LIABILITIES 36,640 25,901 NET ASSETS 36,640 25,901 FUNDS Unrestricted funds 36,640 25,901 TOTAL FUNDS 36,640 25,901 fin ncial statements were approved by the Board of Trustees and authorised for issue on sd..*S,........... and were signed on its behalf by: A C Irving - Trustee The notes form part of these financial statements Page 5
GAYTON PRE*CHOOL UNIT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statemen18 of the charily, which is a public benefit entity under FRS 102, have been prepared in accordan with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. The presentation currency of the financial statements is the Pound Sterling (£), Transactions are rounded to the nearest £. Income All income 18 recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or construclive obligation cammitting the charity to that expenditure, It is probable that a transfer of economic benefits will be required in setllement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannol be directly attributed to particular headings they have been allocated to activities on a basis consistent Wtth the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment - 330/0 on cost Taxatlon The charity is exempt from tax on its charitable activities. Fund accounting Unrestncted funds can be used in accordan with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 6 continued...
GAYTON PRE-SCHOOL UNIT NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 JULY 2024 ACCOUNTING POLICIES - continued Hlre purchase and leaslng commttments Rentals paid under operating leases are charged to the Statement of Financial Actlmties on a straight line basis over the period of the lease, Pension costs and other post-retirement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. TRUSTEES, REMUNERATION AND BENEFITS Remuneration paid to the trustees, smounted to £Nil (2023 - £NIL). Trustees. expenses There were no trustees, expenses paid for the year ended 31 July 2024 nor for the year ended 31 July 2023. STAFF COSTS The average monthly number of employees during the year was as follows: 3117124 3117123 General employees No ernployees received emoluments in eXsS of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Charitable actlvities Pre-school income 110,994 EXPENDITURE ON Charitable activities Charitable expense8 125,462 NET INCOMEI(EXPENDITURE) (14,468) RECONCILIATION OF FUNDS Total funds brought forward 40,369 Page 7 continued..
GAYTON PRE4CH¢)OL UNIT NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 JULY 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted fund TOTAL FUNDS CARRIED FORWARD 25,901 TANGIBLE FIXED ASSETS Computer equipment COST At 1 August 2023 and 31 July 2024 404 DEPRECIATION At 1 August 2023 Charge for year 56 134 At 31 July 2024 190 NET BOOK VALUE At 31 July 2024 214 At 31 July 2023 348 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3117124 3117123 Taxation and social security other creditor8 1,301 2,146 1,160 4,424 3,447 5,584 Page 8 continued...
GAYTON PREJ3CHOOL UNIT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2024 MOVEMENT IN FUNDS Net movement in funds At 31,7.24 At 1.8,23 Unrestricted funds General fund 25,901 10,739 36,640 TOTAL FUNDS 25,901 10,739 36,640 Net movement in funds, included in the above are as follows.. Incoming Resources Movement resources expended in funds Unrestricted funds General fund 129,689 (118,950) 10,739 TOTAL FUNDS 129,689 (118,950) 10,739 Comparatlves for movement In funds Net movement in funds At 31.7.23 At 1.8.22 Unrestrirted funds General fund 40,369 (14,468) 25,901 TOTAL FUNDS 40,369 (14,468) 25,901 Comparative net movement in funds, induded in the above are as follows.. Incoming Resources Movement resources expended in funds Unrestrictsd funds General fund 110,994 (125,462) (14,468) TOTAL FUNDS 110,994 (125,462) (14,468) Page 9 continued...
GAYTON PREcHOoL UNIT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2024 MOVEMENT IN FUNDS - contlnu8d A current year 12 months and Prior year 12 months combined position is as follows., Net movement in funds At 31.7.24 At 1.8.22 Unrestrlcted funds General fund 40,369 (3,729} 36,640 TOTAL FUNDS 40,369 (3,729) 36,640 A current year 12 morrths and prior year 12 months combined net movement in funds, induded in the above are as follows,. Incoming Resources Movement resources expended in funds Unrestricted funds General fund 240,683 (244,412) (3,729> TOTAL FUNDS 240,683 (244,412) (3,729) RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 July 2024. Page10
GAYTON PRE-SCHOOL UNIT DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024 3117124 3117123 INCOME AND ENDOWMENTS Charltable actlvltles Fees & fee deposits LEA Fund iaising Uniform Other Training 30,788 91,534 1,065 447 605 5,250 29,089 79,743 853 525 784 129,689 110,994 T¢Jtal incoming resources 129,689 110,994 EXPENDITURE Charitable activities Wages Social security Pensions Ground rent PLA membership and insuran Light and heat Telephone Sundries Repairs and renewals Toys and equipment Consumables Petty cash E*(ra curricula Cleaning Uniform Training Computer expenses 98,797 1,399 3,012 350 1,132 651 627 799 487 2,295 254 2,400 2,163 469 472 195 101,508 2,601 1,995 350 833 574 1,449 575 2,952 265 2,900 1,973 540 1,275 333 289 115,502 120,412 Support costs Governance costs Accountancy fees Carried fornard 2,420 2,420 1,490 1,490 This page does not form part of the statutory financial statements Page11
GAYTON PREStsCHOOL UNIT DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024 3117124 3117123 Governance costs Brought forward Payroll fees Computer equipment 2,420 894 134 1,490 3,504 56 3,448 5,050 Total reSoUrS expended 118,950 125,462 Net Incomel(exp8ndlture) 10,739 (14,468} This page does not form part of the statLrtory financial statements Page 12