**CHARITY NUMBER: 1040505**
## **HARDEN PRE-SCHOOL**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2023**
## **CONTENTS**
|**CONTENTS**||
|---|---|
||**Page**|
|**LEGAL AND ADMINISTRATIVE INFORMATION**|1|
|**INDEPENDENT EXAMINER'S REPORT**|2|
|**TRUSTEES REPORT**|3 - 4|
|**STATEMENT OF FINANCIAL ACTIVITIES**|5|
|**BALANCE SHEET**|6|
|**NOTES TO THE ACCOUNTS**|7 - 11|
|**DETAILED INCOME AND EXPENDITURE REPORT**|12|
## **HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2023**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**CHARITY NUMBER:** 1040505 **TRUSTEES:** Celine Kicks Bethanie Petty-Hopwood John Miles Rebecca Routh Helen Rayner Juliet Vo Candice Kormoczi (resigned 10/11/2022) **NOMINATED INDIVIDUAL:** Karen Clarke **PRINCIPAL ADDRESS:** The Memorial Hall Harden Bingley West Yorkshire BD16 1JP **REPORTING ACCOUNTANTS:** Wilkinson and Partners Chartered Accountants Fairfax House 6A Mill Field Road Cottingley Business Park Bingley West Yorkshire BD16 1PY
**Page 1**
## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE HARDEN PRE-SCHOOL - CHARITY NUMBER 1040505**
This report is in respect of the accounts for the year ended 31 August 2023, set out on pages 3 to 11.
## **Respective responsibilities of the trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 44 of the Charities Act 2011 ("the Charities Act") and that an independent examination is needed.
## It is my responsibility:
- i. to examine the accounts under section 145 of the Charities Act.
ii. to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
iii. to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
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 these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning 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 mater has come to my attention:
1. which gives me reasonable cause to believe that, in any material respect, the requirements:
- i. to keep accounting records in accordance with section 130 of the Charities Act; and
ii. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities 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.
Signed: Mr P Raistrick Wilkinson and Partners Chartered Accountants Fairfax House 6a Mill Field Road Bingley, BD16 1PY
Dated: 9th November 2023
**Page 2**
**HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2023**
## **TRUSTEES ANNUAL REPORT**
## **OBJECTIVES AND ACTIVITIES**
The objectives of the Pre-school are to enhance the development of children under the statutory school age by encouraging parents to understand and provide for the needs of their children through our committee group.
The Pre-school achieves its objectives by providing education over nine sessions each week in our community building, providing a caring learning environment for a maximum of 40 children aged 2-4 years old in each session within two different classes.
On 1st April 2018 Harden Pre-school began the process of taking over Harden Memorial Hall as a Community Asset transfer from Bradford Council. This is still processing through the solicitor but we no longer pay the council rent, we receive any revenue from private hire and are responsible for the up keep and maintaining the building.
In performing the above activities, the trustees have had regard to the guidance issued by the Charities Commission on public benefit.
## **FINANCIAL REVIEW**
At 31 August 2023 the charity held reserves of £142,601 (2022: £134,075).
It is the policy of the charity to hold sufficient reserves such that it could continue to operate should there be a reduction in the number of children attending or a need to move premises, as the future of the community building is the subject of discussion with the local authority.
The trustees consider that the level of reserves currently held is currently excessive and are in the process of reducing reserves through increased investment in staff and infra-structure.
Other than the reference made above to discussions with the local authority regarding the community building, there are no further significant concerns about the charity continuing as a going concern.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Pre-school was established by a constitution adopted on 29 March 1994, amended on 11 June 1996 and 12 February 2001. More recently the Pre-school has adopted the 2011 constitution on 29 November 2013. The organisation was registered as a charity on 1 September 1994.
Trustees are appointed from time to time, in accordance with the constitution, in order to provide management and direction for the Pre-school.
**Page 3**
## **HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2023**
## **TRUSTEES ANNUAL REPORT (CONTINUED)**
## **TRUSTEES**
The Trustees who acted during the year were as follows.
Celine Kicks Bethanie Petty-Hopwood John Miles Rebecca Routh Helen Rayner Juliet Vo Candice Kormoczi (resigned 10/11/2022)
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
Under the Charities Act 2011, the trustees of the Pre-school are required to prepare a statement of financial activities and a balance sheet for each financial year.
In addition the trustees are responsible for keeping proper accounting records which are sufficient to show and explain the charity's transactions and to disclose with reasonable accuracy at any time the financial position of the Pre-school. They are also responsible for the safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud or other irregularities.
## **DECLARATION**
The trustees declare that they have approved the trustees' report above.
Signed on behalf of the charity's trustees
………………………………………………..
Celine Kicks - Chair Person
………………………………………………..
Bethanie Petty-Hopwood - Secretary
9th November 2023
**Page 4**
## **HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2023**
## **STATEMENT OF FINANCIAL ACTIVITIES**
|**Note**
**Incoming resources**
Grants
Charitable activities
Fundraising
Other income
**Total**
**Resources expended**
Charitable activities
Fundraising
Other
**Total**
**Net Income/(expenditure) before**
**investment gains/(losses)**
**Transfers between funds**
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**Restricted**
**Total**
**funds**
**income funds**
**funds**
**2023**
**2023**
**2023**
**£**
**£**
**£**
151,706
151,706
112,229
112,229
1,370
1,370
1,143
1,143
266,448
266,448
257,370
257,370
552
552
257,922
257,922
8,526
8,526
8,526
8,526
134,075
134,075
142,601
142,601|**Prior Year**
**funds**
**2022**
**£**
121,713
112,509
3,027
937
238,186
233,892
468
234,360
3,826
3,826
130,249
134,075|
|---|---|---|
**Page 5**
## **HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2023**
## **BALANCE SHEET**
|**Note**
**Current assets**
Cash at Bank and in hand
**Total current assets**
**Creditors: amounts falling**
**due within one year**
**Net current assets**
**Funds of the Charity**
Restricted income funds
Unrestricted funds|**Unrestricted**
**Restricted**
**Total**
**funds**
**income funds**
**funds**
**2023**
**2023**
**2023**
**£**
**£**
**£**
158,762
158,762
158,762
158,762
16,161
16,161
142,601
142,601
142,601
142,601
142,601
142,601|**Prior Year**
**funds**
**2022**
**£**
147,827
147,827
13,752
134,075
134,075
134,075|
|---|---|---|
The financial statements were approved by the trustees on 9th November 2023 and signed on their behalf by:
……………………………………….. Celine Kicks - Chair Person
………………………………………..
Bethanie Petty-Hopwood - Secretary
**Page 6**
## **HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2023**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **1 BASIS OF PREPARATION**
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and with the Charities Act 2011.
## **1.2 Going concern**
The trustees consider that the charity is a going concern and these accounts have been prepared on that basis.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period.
## **1.5 Material prior year errors**
No material prior year errors have been identified in the reporting period.
## **2 ACCOUNTING POLICIES**
## **2.2 Income**
## **Recognition of income**
Income is included in the Statement of Financial Activities (SoFA) when: i. the charity becomes entitled to the resources
ii. it is more likley than not that the trustees will receive the resources
iii. The monetary value can be measured with sufficient reliability.
## **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenditure, unless required or permitted by the FRS 102 SORP or FRS102.
**Page 7**
**HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2023**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **2.2 Income (continued)**
## **Grants and donations**
Grants and donations are only included in the SoFA when the general income recognition criteria are met.
## **2.3 Expenditure and liabilities**
## **Liability recognition**
Liabilities are recognised where it is a more likley than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## **Creditors**
The charity has creditors which are measured at the settlement amounts less any trade discounts.
## **Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
## **2.4 Assets**
The charity has no material assets other than the cash reserves which it held at the year end.
**Page 8**
## **HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2023**
## **NOTES TO THE FINANCIAL STATEMENTS**
|**3**
**ANALYSIS OF INCOME**
**Donations & legacies**
Nursery grants
Other grants
**Total**
**Charitable activities**
Nursery fees
Fundraising
Other charitable activities
**Total**
**Total Income**
**4**
**ANALYSIS OF GRANTS RECEIVED**
Bradford MDC - Nursery Grants
Early Years
Apprentice grant
Other grants|**Unrestricted**
**Restricted**
**Total**
**funds**
**income funds**
**funds**
**2023**
**2023**
**2023**
**£**
**£**
**£**
149,706
149,706
2,000
2,000
151,706
151,706
105,221
105,221
1,370
1,370
8,151
8,151
114,742
114,742
266,448
266,448
**2023**
**£**
149,706
2,000
151,706|**Prior Year**
**funds**
**2022**
**£**
119,216
2,497
121,713
105,443
3,027
8,003
116,473
238,186
**2022**
**£**
119,216
2,497
121,713|
|---|---|---|
**Page 9**
## **HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2023**
## **NOTES TO THE FINANCIAL STATEMENTS**
|**5**
**ANALYSIS OF EXPENDITURE**
**Unrestricted**
**Restricted**
**Total**
**funds**
**income funds**
**funds**
**2023**
**2023**
**2023**
**£**
**£**
**£**
**Expenditure on raising funds**
Fundraising costs
552
552
**Total**
552
552
**Expenditure on Charitable activities**
Salaries and wages
203,814
203,814
Utility costs
28,336
28,336
Grant expenditure
1,576
1,576
Administration costs
3,793
3,793
Equipment and resources
4,255
4,255
Professional fees
1,176
1,176
Other costs
14,420
14,420
**Total**
257,370
257,370
**Total Expenditure**
257,922
257,922
**6**
**DETAILS OF CERTAIN TYPES OF EXPENDITURE**
**6.1 Fees for examination of the accounts**
**2023**
**£**
Independent examiner's fees
1,176
1,176
**7**
**PAID EMPLOYEES**
**2023**
**£**
Salaries and wages
191,526
Social security costs
9,816
Pension contributions
2,472
203,814
All employees relate to charitable actvities.
No employees were paid in excess of £60,000 during the period.
**2023**
Average head count in the year
15|**Prior Year**
**funds**
**2022**
**£**
468
468
163,959
46,677
0
4,296
1,805
1,122
16,033
233,892
234,360
**2022**
**£**
1,122
1,122
**2022**
**£**
153,942
8,006
2,011
163,959
**2022**
13|
|---|---|
**Page 10**
## **HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2023**
## **NOTES TO THE FINANCIAL STATEMENTS**
|**8**
**CREDITORS AND ACCRUALS**
**8.1 Analysis of creditors**
Trade creditors
Deferred income
Accruals
Wages and PAYE
**8.2 Deferred income**
Grants received in advance
**9**
**CASH AT BANK AND IN HAND**
Bank deposit account
Bank current account
**10 FUNDS OF THE CHARITY**
Unrestricted funds at the beginning of the period
Net movement in funds during the period
Unrestricted funds at the end of the period|**2023**
**£**
2,188
10,743
1,176
2,054
16,161
10,743
**2023**
**£**
70,000
88,762
158,762
**2023**
**£**
134,075
8,526
142,601|**2022**
**£**
10,105
1,122
2,525
13,752
10,105
**2022**
**£**
70,000
77,827
147,827
**2022**
**£**
130,249
3,826
134,075|
|---|---|---|
**Page 11**
## **HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2023**
## **DETAILED INCOME AND EXPENDITURE ACCOUNT**
|**Income**
Nursery fees
Nursery grants
Other grants
Fundraising
Snacks & craft
Sweatshirts
Harden Memorial Hall hire
Other income
**Less:**
**Expenditure**
Wages and salaries
Pension Contributions
Equipment
Grant expenditure
Fundraising costs
Property repairs & improvement
Light & heat
Rates and water
Insurance
Stationery
Computer & website costs
Telephone
Refreshments
Craft materials
CRB & Ofsted costs
Compliance costs
Staff training
Sundry expenses
Subscriptions
Cleaning
Sweatshirts
Trip costs
Accountancy fees
**Surplus for the period**|**2023**
**£**
105,221
149,706
2,000
1,370
5,795
1,007
206
1,143
266,448
201,342
2,472
1,413
1,576
552
14,064
11,014
1,662
1,596
606
1,029
2,626
5,397
2,842
522
1,206
842
1,470
561
2,167
1,527
260
1,176
257,922
8,526|**2022**
**£**
105,443
119,216
2,497
3,027
4,488
1,143
1,435
937
238,186
161,948
2,011
1,577
468
32,965
10,610
1,692
1,410
1,279
2,664
2,818
3,888
228
561
1,310
577
1,405
199
4,202
1,186
240
1,122
234,360
3,826|
|---|---|---|
**Page 12**