CHARITY NUMBER: 1040505 HARDEN PRE-SCHOOL REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2024 CONTENTS Page LEGAL AND ADMINISTRATIVE INFORMATION INDEPENDENT EXAMINER'S REPORT TRUSTEES REPORT STATEMENT OF FINANCIAL ACflVITIES BALANCE SHEET NOTES TO THE ACCOUNTS 7-11 DETAILED INCOME AND EXPENDITURE REPORT 12 HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2024 LEGAL AND ADMINISTRATIVE INFORMATION CHARITY NUMBER: 1040505 TRUSTEES: Celine Kicks Bethanie Petty-Hopwood John Miles (resigned 09/11120231 Rebecca Routh Helen Rayner Juliet Vo (resigned 09/11/2023) David Incoll (appointed 9111120231 Jane Gerdes {appointed 09111/20231 Jennifer Kennedy {appointed 09/11120231 NOMINATED INDIVIDUAL: Karen Clarke PRINCIPAL ADDRESS: The Memorial Hall Harden Bingley West Yorkshire BD16 IJP REPORTING AccouMfANTS.. Wilkinson and Partners Chartered Accountants Fairfax House 6A Mill Field Road Cottingley Business Park Bingley West Yorkshire BD16 IPY Page I 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 2024, set out on pages 3 to 11. Respective responsibilities of the trustees and examlner 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 15 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: l. 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 ccounts to be reached. Signed: Mr P Raistric Wilkinson a d Partners Chartered Accountants Fairfax House 6a Mill Field Road Bingley, BD16 IPY Dated: 7th November 2024 Page 2 HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2024 TRUSTEES ANNUAL REPORT OBJEcfivES AND AcrivmES 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 five days each week in our community buildin& providing a caring learning environment for a maximum of 40 children aged 2-4 years old in each 5e5sion within two different classes. We also provide full wraparound care in our Springfield Breakfast and Afterschool Club for both pre-school and primary school children aged up to 11 years. 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 paythe 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 2024 the charity held reserves of £154,47112023- £142.601). 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. Other than the reference made above to discussions with the local authority regarding the community building. there are no further significant concerns bout the charity continuing as a going concern. STRucfuRE, GOVERNANCE AND MANAGEMENT The Pre-school was established by a constitution adopted on 29 March 1994, amended on 11 June 1996 and 12 FebrLtary 2001. The Pre-school adopted the 2011 constitution on 29 November 2013 and more recently adopted the Model CIO constitution 2013 on 7 December 2023. The organisation was registered as a charity on I September 1994. Trustees are appointed from time to time. in accordance with the constitution, in order to provide management and direction for the Pre-schi)ol. Page 3 HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2024 TRUSTEES ANNUAL REPORT (CONTINUED) TRUSTEES The Trustees who acted during the year were as follows. Celine Kicks Bethanie Petty-Hopwood John Miles (resigned 09/11/2023) Rebecca Routh Helen Rayner Juliet Vo (resigned 09111/2023) David Incoll (appointed 911112023) Jane Gerdes {appointed 09/11/20231 Jennifer Kennedy (appointed 09111120231 STATEMENT OF TRUSTEES, RESPONSIBILITIES Under the Charities Att 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- Chairperson David Incoll - Treasurer 7th November 2024 Page 4 HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2024 STATEMENT OF FINANCIAL ACTIVITIES Unrestrirted Restrirted funds income funds Total Prior Year funds funds Note 2024 2024 2024 2023 Incoming resources Grants 175,777 141,457 1,556 982 319,772 175,777 141,457 1,556 982 319,772 151,706 112,229 1,370 1,143 266,448 Charitable activities Fundraising Other income Total Resources expended Charitable activities 306,928 974 306,928 974 257,370 552 Fundraising Other Total 307,902 307,902 257,922 Net Income/(expenditure) before investment 8ains/llosses) 11,870 11,870 8,526 Transfers between funds Net movement in funds 11,870 11,870 8,526 Total funds brought forward 142,601 142,601 134,075 Totsl funds carried forward 154,471 154,471 142,601 Page S HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2024 BALANCE SHEET Unrestrlcted Restrlrted funds income funds Total funds Prior Year funds Note 2024 2024 2024 2023 Current assets Cash at Bank and in hand 176,784 176,784 158,762 Total current assets 176,784 176,784 158,762 Creditors: amounts falling due w5thin one year 22,313 22,313 16,161 Net current assets 154.471 154,471 142,601 Funds of the Charity Restricted income funds Unrestricted funds io 154,471 154,471 154,471 154,471 142,601 142,601 The financial statements were approved by the trustees on 7th November 2024 and signed on their behalf by: Celine Kicks - Chair Person David Incoll - Treasurer Page 6 HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANCIAL STATEMENTS 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: 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 FRSIO2. Page 7 HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2024 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. Creditor5 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 a55ets other than the cash reserves which it held at the year end. Page 8 HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANCIALSTATEMENTS 3 ANALYSIS OF INCOME Unrestrirted funds income funds Restrirted Total Prlor Year funds funds 2024 2024 2024 2023 Donations & legacies Nursery grants Other grants Total 174,194 1,583 175,777 174,194 1,583 175,777 149,706 2,000 151,706 Charitable activities Nursery fees Fundraising Other charitable activities Totsl 134,057 1,556 8,382 143,995 134,057 1,556 8,382 143,995 105,221 1,370 8,151 114,742 Total Income 319,772 319,772 266,448 4 ANALYSIS OF GRANTS RECEIVED 2024 2023 Bradford MDC - Nursery Grants Early Years Apprentice grant Other grants 175,777 149,706 2,000 151,706 175,777 Page 9 HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANCIALSTATEMENTS 5 ANALYSIS OF EXPENDITURE Unrestrirted funds income fvnds Restricted Total funds Prior Year funds 2024 2024 2024 2023 Expenditure on raising funds Fundraising costs 974 974 552 Total 974 974 552 Expenditure on Charitable activities Salaries and wages Utility costs Grant expenditure Administration costs 239,392 38,875 1,582 5,027 2,451 1,236 18,366 239,392 38,875 1,582 5,027 2,451 1,236 18,366 203,814 28,336 1,576 3,793 4,255 1,176 14,420 Equipment and resources Professional fees Other costs Total 306,928 306,928 257,370 Total Expenditure 307,902 307,902 257,922 6 DETAILS OF CERTAIN TYPES OF EXPENDITURE 6.1 Fees for examination of the accounts 2024 2023 Independent examiner's fees 1,236 1,176 1,236 1,176 7 Paid employees 2024 2023 Salaries and wages Social security Costs Pension contributions 223,565 12,871 2,955 239,392 191,526 9,816 2,472 203,814 All employees relate to charitable actvities. No employees were paid in excess of £60,000 during the period. 2024 16 2023 Average head count in the year 15 Page 10 HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2024 NOTES TO THE FINANCIAL STATEMENTS 8 CREDITORS AND ACCRUALS 8.1 Analysls of creditors 2024 2023 Trade creditors Deferred income Accruals 1,198 12,752 1,236 7,128 22,313 2,188 10,743 1,176 2,054 22,313 Wages and PAYE 8.2 Deferred income 2024 2023 Grants received in advance 12,752 10,743 9 CASH AT BANK AND IN HAND 2024 2023 Bank deposit account Bank current account 70.000 106,784 176,784 70,000 88,762 158,762 10 FUNDS OF THE CHARITY 2024 2023 Unrestrirted funds at the beginning of the period Net movement in funds during the period Unrestricted funds at the end of the period 142,601 11,870 154,471 134,075 8,526 142,601 Page 11 HARDEN PRE-SCHOOL YEAR ENDED 31 AUGUST 2024 DETAILED INCOME AND EXPENDITURE ACCOUNT 2024 2023 Income Nursery fee5 Nursery grants Other grants Fundraising Snacks & craft Sweatshirts Harden Memorial Hall hire Other income 134,057 174,194 1,583 1,556 5,814 1,036 60 1,472 319,772 105,221 149,706 2,000 1,370 5,795 1,007 206 1,143 266,448 Less: Expenditure Wages and salaries Pension Contributions Equipment Grant expenditure Fundraising costs Rent Property repairs & improvement Light & heat Rates and water Insurance 235,784 3,608 1,292 1,582 974 3,440 10,056 20,527 1,777 3,076 1,066 1,357 3,093 6,244 1,159 445 796 201,342 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 Stationery Computer & website costs Telephone Refreshments Craft materials CRB & Ofsted cost5 Compliance costs Staff training Sundry expenses Subscriptions Cleaning Sweatshirts Trip costs Accountancy fees 1,494 1,826 868 4,528 1,518 158 1,236 307,902 2,167 1,527 260 1,176 257,922 Surplus for the period 11,870 8,526 Page 12