REGISTERED CHARITY NUMBER: 1041079
Report of the Trustees and —SeUnaudited FinancialClg StatementsStatements fortor thethe YearYear EndedEnded 3131 JulyJuly 20232023 for Walkington Pre-School
Walkington Pre-School
Contents of the Financial Statements For the Year Ended 31 July 2023
Page Report of the Trustees 1-4 Independent Examiner's Report 5 Statement of Financial Activities 6 Balance Sheet 7 Notes to the Financial Statement 8- 10 Detailed Statement of Financial Activities 11
Walkington Pre-School
Report of the Trustees For the Year Ended 31 July 2023
The trustees present their report with the financial statements for the year ended 31 July 2023. The trustees Charities’have adoptedissues theIn provisionsMarch 2005. of the Statement of Recommended practice (SORP) ‘Accounting and Reporting by
REFERENCE AND ADINISTRATIVE DETAILS Registered Charity number 1041079
Principal Address
Walkington Pre-School The Playing Fields Beech View Walkington
Trustees
Mrs A Floater Chair Mrs E Whiting Vice Chair MsJ Rossi Secretary Mrs M Fletcher Trustee Mrs CA Morris Treasurer Mrs I M Danicut Trustee Mrs K Dearing Trustee Mrs L Thomas Trustee - Mrs R Seddon Trustee Dr A Berry Trustee Mrs D Kirkwood Trustee -appointed 1° March 2023
Independent Examiner Stephen Baker ACA MAAT 24 Autherd Garth Walkington HU17 8RZ
Waikington Pre-School
Report of the Trustees For the Year Ended 31 July 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity,
Recruitment and appointment of new trustees The Pre-School Manager is responsible for the day to day running of the Pre-School. The remaining four-strong staff team are primarily involved in the childcare Operation. The Committee, which meets monthly, supports the Pre-School Manager and makes key decisions around fees, fundraising and marketing,
If a Vacancy should arise, then the applicant should contact the organisation directly, with any questions.
Organisational structure
We are a charity run by a voluntary committee made up of past and current parents (trustees). The Pre-School Manager and Registrar sit on the committee together with a Chair, Vice-Chair and Treasurer. Parents are invited to join the committee at the AGM held in September/October,
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are put in place to provide reasonable assurance against fraud and error.
Walkington Pre-School
Report of the Trustees For the Year Ended 31 July 2023
OBJECTIVES AND ACTIVITIES Objectives and aims
We are a registered charity working to enhance the development of children under statutory school age, our aim being to prepare children effectively both socially and academically, for school life. We do this within a safe, secure and stimulating environment and work within a framework which ensures equality of opportunity for all children and families. We welcome children between the ages of 2.5 and 5 years,
Our highly experienced team provides a high ratio of adults to children. Ourteam Is passionate and dedicated and with all four members having served a minimum of five years at the Pre-School, staff turnover is exceptionally low.
Our focus is to prepare and equip our children with all the necessary skills ahead of their school journey. For us this includes social as well as academic Skills. We deliver a specially tailored curriculum leading to early learning goals and we do this witha strong over-arching emphasis on ‘having fun’. We pride ourselves on delivering individual care and attention to our children, which is made possible by a high ration of adults to children. All our children have the support of an individual key person and we invite and encourage familles to be directly involved in the activities of the group, and in their own child’s progress. In addition, we regularly fund extra-curricular activities and visits from external suppliers to enhance our children’s learning experience. With weekly football coaching to unusual animal visits, we also invite professionals to interact with the children, from the dentist to the police.
Located within the small village of Walkington, our setting is truly integrated with our local community. This is evident from the on-going support we receive from the village community, from volunteers to fundraising activity. We are pleased the Pre-School is reporting a surplus of funds.
Public Benefit
The trustees have given due consideration to the Charity Commission published Guidance on the Operation of the Public Benefit Requirement and believe that the provision of pre-school learning, as stated in the objectives of the charity, meet the requirement.
ACHIEVEMENT AND PERFORMANCE
First and foremost we are proud of the children we care for, Belng part of the team that shapes not just their futures, but their personalities and the confidence in themselves, is our greatest achievement. Seeing our children make the transition seamlessly and confidently to start their schoo! lives, we enjoy a close relationship with our local Primary School and the feedback we consistently receive from the Headteacher and staff confirms that we are meeting our aims as a setting and delivering our promise to the children and their families in ensuring they are well prepared for school. Additionally, we are very proud to be such an integral part of our community and of our hardworking, committed team. Our sector regulator, Ofsted has rated us as achievement.a “Good” provider, and whilst we strive for excellence in everything we do, we are Immensely proud of this
Walkington Pre-School
Reportofthe Trustees For the Year Ended 31 July 2023
FINANCIAL REVIEW
Reserves policy
The charity are working on a reserves policy to cover their contractual agreements.
Fraud Risk
During the period and the previous period, the trustees are happy they have taken the necessary relevant steps to prevent fraud. Approved by order of the trustees on AST ORY 2023 «ne signed on its behalf by:
mB 2A oahor Mrs A Floater - Chair
.
Independent Examiner’s Report to the Trustees of Walkington Pre-School
independent Examiner’s report to the Walkington Pre-school
| report on the accounts of the charity for the year ended 31* July 2023, which are set out on pages 6 to 11. 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’).
| report in respect of my examination of the Trustee’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
i have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
(1)accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
(2)the accounts do not accord with those records; or
(3)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. | have no concerns and have come across no other matters in connection with the examination to which attentionreached. should be drawn in this report in order to enable a proper understanding of the accounts to be
a Baker ACA MAAT 24 Autherd Garth Walkington HU17 8RZ
Walkington Pre-School
statementStatement of Financial Activities for of Financial Activities the Year Ended 31 July 2023
| INCOMING RESOURCES | Note | Unrestricted funds£ |
Restrictedfunds£ | Total2023 £ |
Total2022 £ |
|---|---|---|---|---|---|
| Incoming resourcesfromgenerated funds | |||||
| Voluntaryincome Incomingresources from charitable |
72,278 | - | 72,278 | 85,167 | |
| activities | - | - | - | - | |
| Grants | 2,000 | - | 2,000 | - | |
| Total income |
. 74,278 _ |
. - |
- 74,278 |
85,167 | |
| RESOURCES EXPENDED | . | . | |||
| Costs ofgeneratingfunds | - - |
~ | - | ||
| Costs ofgeneratingvoluntaryincome Fundraisingtrading:costsofgoods Charitable activities |
2 | 74,813 1,613 - |
- - - |
- 74,813 1,613 |
78,670 2,497 |
| Governance costs Total expenditure |
1,215 77,641 |
- - - |
- 1,215 77,641 |
709 81,876 |
|
| Extraordinaryactivities—returnoffunds Net (expenditure)/income |
- (3,363) |
- - |
- (3,363) |
6,157 9,448 |
|
| . | |||||
| Reconciliation offunds | - | - - |
- | ||
| - | |||||
| Totalfundsbrought forward | 87,838 | - | 87,838 | 78,390 | |
| . | |||||
| Total fundscarriedforward |
- - 84,475 - 84,475 87,838 ATS 837,838 |
:
The notes form part of these financial statements Walkington Pre-School
Balance Sheet At 31 July 2023
| Note | 2023 2022 |
||
|---|---|---|---|
| Current assets Debtors Cash at bankand in hand |
. | 5 | £ £ mE - |
| 84,895 88,238 SO 88,238 |
|||
| Creditors:Amountsfallingduewithinoneyear | 6 | ||
| Net current assets | (420) (400} e400) |
||
| Total assetslesscurrentliabilities |
84,475 87,838 87,838- 84,475 87,838 |
||
| Net assets | eee | ||
| Funds ofthecharity: Unrestrictedfunds |
7 | 84,475 87,838 87,838 |
|
| Restricted funds | 84,475 87,838 |
||
| TOTAL FUNDS | - eS 84,475 87,838 |
Thebehalffinancial by: statements were approved by the Board of Trustees on 2S Ohler’,4 nd were signed on [ts My Morris See @ - QU
’
4\
otesNotes toto thethe FinancialFinancial StatementsStatements For the Year Ended 31 July 2023
The notes form part of these financial statements Walkington Pre-School
1. ACCOUNTING POLICIES
Accounting Convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 Charities.and the requirements of the Statement of Recommended Practice, Accounting and Reporting by
Incoming Resources
All incoming resources are Included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources,
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance 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 financial statements.
- COSTS OF GENERATING VOLUNTARY INCOME
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31/07/23 31/07/22
Support £ £
costs 74,813 78,670
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- TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 July 2023 nor for the year ended 31 July 2022.
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 31 July 2023 nor for the year ended 31 July 2022,
Walkington Pre-School
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SSENotes to thetO the FinancialFinancial StatementsStatements
For the Year Ended 31 July 2023
4. STAFF COSTS
31/07/2023 31/07/2022
£ £
Wages and salaries
Pension 65,488 69,977
e2433,209 2,463
S68,697l e e 72,440
The average monthly number of employees during the year was as follows:
Full 31/07/23 31/07/22
time staff 4 4
No employees received emoluments In excess of £60,000.
5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/07/2023 31/07/2022
£ £
Other debtors
ee- -
ee
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/07/2023 31/07/2022
£ £
Trade creditors
TaxationOther creditorsand social security -- --
420 400
EO
420 400
erO
7. MOVEMENT IN FUNDS
31/07/2022 Net movements in 31/07/2023
Unrestricted £ funds £ £
Restricted fundfunds — general fund 87,838 (3,363) 84,475
- - -
a 87,838 88)(3,363) 84,47 5,5
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Walkington Pre-School
wOtesNotes toto thetne FinancialFinancial StatementsStatements For the Year Ended 31 July 2023
Net movement in funds, included in the above are as follows:
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||||||
|---|---|---|---|---|
|Funds|Incoming|Resources|Extraordinary|Movement|
|resources|expended|
|General|£|£|£|
|£|
|General funds|74,278|77,641|-|{3,363}|
|Restricted|-|-|-|
|8.|74,278|77,641|-|(3,363)|
|RELATED|PARTY DISCLOSURES|
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rate.Several of the trustees have children who attend the pre-school sessions, this is at a non-preferential
|
Walkington Pre-School
smeDet a iledted Ss tat ementement o ff Financial Activities For the Year Ended 31 July 2023
INCOMING RESOURCES
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||||||
|---|---|---|---|---|
|31/07/2023|31/07/2022|
|Voluntary|Income|£|£|
|Session|fees|
|Funding|23,884|19,734|
|Fundraising|[income]|46,510|62,472|
|Bank|[interest]|1,136|2,367|
|Gifts|[in]|[kind]|248|7|
|500|587|
|ach|
|72,278|1-785,167|
|Incoming resources from charitable activities|
|Grants|
|Total|incoming resources|2,000|-|
|ee|
|RESOURCES|EXPENDED|2,000|-|
|Fundraising trading:|costs of goods sold and other costs|
|Purchases|
|Management|rt1,613|ADT2,497|
|Wages|
|Pension|
|Rent|and|rates|65,488|69,977|
|Insurance|3,209|2,463|
|Telephone|3,643|4,221|
|Sundry|[costs]|1,144|1,112|
|Staff Training|689|586|
|640|213|
|-|98|
|ee|
|Information|technology|74,813|78,670|
|Repairs|
|-|-|
|Governance|
|Accountancy and and|professional|
|Total|Resources|expended|7091,215|709|
|77,641|81,876|
|Expenditure|
|(3,363)|3,291|
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Information technology Repairs
Governance Accountancy and and professional
Total Resources expended