REGERED COMPANY fquMBER: 02733877 {England and W#les) REGISTERED CHARITY NUMBER: 1041661 TAG (Maidstott¢) Ltd 10 CoverdalG Avenue Maidston¢ Kent ME15 9DR
Lenham N School LiEDited for Report olthe TrUe¢S tndependent ExaMineS Report Statement of Financial Activilies Bftjance Sheet Notes ¢0 th¢ Flnancl81 Sfatemen 8 to 13 Detailed Statement of Financial A¢tivtti6s 14
Lenbam N School Limited of the TtU8te&s Y ar Ended IAU 2023 The tnLrtees, of whom S HebE Esq. Mrs E B Porter, Mrs S Barr. Mrs L Westcott and Mrs C Norey are also directors of the charity ftjr the purpows of th¢ Companies Act 2(MJ6, present th¢ir T¢W with th¢ finan¢ial $tat¢m¢nts of the cl)arity for the year ended 3 1st August 2(Y23. Thc truscs1ov¢ adopted the provisions of Accounting and Reporting by Charities: Ststement of Recommended Practice appliobl¢ to ¢l]arities preparing their accounts In accordanc¢ with the Financial Reporting Standard for Smaller EntTtÈe%'Aceountin8 and Rerting by Charities. (effective 1st January 2015). 1The limited ¢omp8ry converted to a clwitsble incorp olgalliS (¢10) OD 14 Juty 2023. OWECflVES AND AcrtVlTIES Objectlveg •nd 8IIDS L¢Dham Nurs¢ry Sch1 is governed by its Memorandum aDd Arti¢l¢s of Asso¢iation and ainL8 to provid¢ high quality pr¢-s¢hool education in & sth environment ftir chil¢Jren below the compulsory age. Parental involvement 19 encournged. Pollcle$ to further our objectlvej In order lo ensure that the ain of the Nery School lIcIeS have been develo and are 8vatlable to PaTents and pro$p¢etive pare[ eoverin8.' thissions. behaviour managemen( thild prottion, complaints, confidentia]ity, dieL equal opporttmities. health and hygien¢. parenral involvem¢nK saf¢ry. settling -it4 equÈpm¢nt sele¢¢ions. speciai needg, staffing and ¢mployment. Thesc are regularly reviewed io ensure tha¢ th¢y meei the staodards of current 'best practice,. There have been material chaugey to the ryJli¢i¢s since the l&st repori to maintsin current legislation with regards to ¢hild protelOn wellbeiD8. 'rhe rnanag¢r liaises closely with the kKal Heahb visir. the Pre-Schcx)l L¢Arnin8 Alliance an4 in appropriate wes repro5entativ¢s from S1&1 Services. All staff are activety encom8ed to gAin li¢10nl qya]ifi¢&ioN. D¢scrlptlon of our organ1110 The Nursery School is tnana8ed in a tWtler structure: l. A manag¢m¢nt ¢omuLitt¢e ¢onsistin8 of all t¢09 meets approxiDly ¢v¢ry two month. Th¢ maw¢r ond h¢r assistant attend these Mling$ In an advisory caplty. A pgreni rewwlztive 15 also Ènvited to 4tt¢nd. The cornmitt¢¢.' . lieviews the fitwLcial position. and - Considers policy andlor other ¢hpDges re¢0M by the Sch1 Man88ement Team or required by outside bodies. 2. A School Management Te4m (SMD coTr8is¢ing of the Nwyery S¢hwl manager. Accounts Manager and deputy IS responsible for day-tfrday numing of the sthjol. A tr is always availabk to the SMT in the event of an urgent problem 8risin8. A trustee is nomin¢d as the person. as Tequired by Of#ul Regulations. Th¢ S¢cret8ry is ftSPODsibl¢ for maiofainin8 all the weekty contact with the SMT 8ttd for the nltenance of aceountin8 re¢ords. banking of receipts and ls1]J)8 the nwer in te501vin8 minor problem5. SI¥111¢%l Actlvitles Our tnain actiyity has dways been to support children through their early yetrs lOn. Encourage them to learn tl]rough play and build on the areas that parellts 1¢8rers nwy need guidance and supporL We supwrt school teadin¢ wkIng in IMrM¢ with Prinwy SclKKJls. Juty 2023 we welcLKnfAJ te&¢her5 lo corne and visit their new cohort. The nurgery reviewed their OC£u for skptQll 2023 a1 l( Pag¢ I
School Limited rt of the Trnstees f the Year Ended 31 A 2023 OBJEcfivES Af4D ACTIVITIES Genernl Progress During the years, we have worked witb our families alld the cornmunity raising funds to equip our outdoor and indoor provision. Fdrd18in& dotHtions and voluDtary coutributions ¢onlinu¢s w repla¢e wom r¢sow¢e& activities alld Creative materials. Early Years Pupil Premium this year has seen only 2 ¢hildren eSSIng it This year. Lenhkm Nursery has been supported by System L¢ad¢rship Funds from their collaboration to support and give children experience5 from extemai agen¢i¢s. W¢ have brought in hatching experience, three Zoolab workshops, and weekly sing and shake workshops for a tem. Staff CPD has also been supported through the purchase of an online trabhing pA¢kagt Noodle Now. We are actively seeking capital fundin¥ for our n¢w nursery. W¢ hav¢ fidraISed with the h¥lp and yupport from the Lenlwn Parish. loca] businesses and individuals from our WDur¢unity. Thi$ year w¢ bav¢ s¢t up a Just givin8 pa8e and an account with Easy fundraising. All staff have taken their quallfi¢ati0tt9 ottline to support tbeir profession development iti their regponsibilitie$' Firgt Aid. Food Hy8i¢ne, Health and Safety, Fire Safety and Child Prole¢tion. We have one member of staff continuing their next level of professional development through the Early Years Fouttdation Degree training and another one just 8tartin8. DBS eertificdes are moniiored Tegularly through supervisions. Parents continue to E involved in their ¢hildren'8 care and education through the online platforni Tapestry. Input of wulunteer5 and dollatloD5 In klnd The Charity has set up face to face events with the help of the trust¢¢$ and volutM¢¢rs and a¢¢¢pt¢d donations in klnd. Publlc Ben¥fit In planning our activities the tru5te¢s keep in mind the ChArity Commission Buidance on public benefit. FINANCIAL REVIEW Revlew of flnan¢ The #¢wunts thow an overall sutplus ftjr the year of £2.32 whidj compares to 4 Surplus of £5210 in the pr¢viou5 yeAr. Future piAns Lenham Nurs¢ry 14 continuing to work towards irnpl¢rnenting Ofsl¢d Te¢ornmendation$ 10 improve children's und¢r5tanding of the imporiaD¢e of h¢<hy eatin8 and strengthen the support for staff to keep their interactions with children meaningfijl so that learning is alway9 purpose] and matched to wh&1 ¢hildr¢n n¢¢d io learn n¢xt. Lonhaln nursery Is continuing to support th¢ 30 hourn frer rhlld¢4re. Thi5 wlll be reviewed yearly to sult bu51ne88 needs. Lenham nursery will work wth Lenham Prinwy School ¢0 make priwess to eomplet¢ th¢ r¢plac¢m¢nt of the outside surfa¢e to maintain safw, with th¢ h¢lp of the community through the fundrnising. This year the replaceTnent of tOyS> purchasing of Craft and mall¢able materials have been purchased through voluntary contribution5. Leav¢rs I christm l Birthday gift5 h&Y¢ purGhas¢d using fid rni5ing f¢m¢ts. We arc rontinuing to update all stafys first aid trftinin8 and Child prot¢ction in line with new l¢gislation. STRUCTURE, GOVERNANCE AND MANAGEMENT Coverning document Th¢ ¢lwity is controlled by its gov¢rnin8 doGumenl, & deed of tNsL and con8titths a Ikmi¢¢d Gompany, limit¢d by guarantK &8 defjned by the Compani¢s Act 2006. Rlsk mana%¢ment The trtee5 have a duty lo idenlify and revicw thc risks to wbich the charity is exposed and to ensure appropTial¢ controls are sn place to provide reasonable a5suf8T)C¢ against frd tttd ejyor. Pag¢ 2
R4YJrt..o(..T1 REFER&•iCE ADIILNisTrAni'E DEfAUS Reiknered 0?733A77 {1 IN1é61 2511am ianc Lertham Koi MEI?2LI. Trniit S Hebborn EBPW S L BAtT TuKhk'rlwiiIk 11.5 ?Jl l. Ckrk nffirtr14wmrt i l.S.J) Colia(iOusb TAQ Ltsl 10 LuverdAk ME'I59DR Approtrcd byoythrof thtboordof t)•..... . (4 hL4E .TNy
In(k ttd¢t)t Examinees rt to the Trust of S¢h¢xtl Limited Independent examiner's report to the trnstees 0[nhaM Nursery Scbool Limited Cthe Conipgny'} I report to th¢ ¢harity trust¢¢s on my examination of the accouuts of th¢ Cornpany for Ih¢ year ¢Dd¢d 31 August 2023. Responslbllitiu and basis ofreport As the ¢lIaTi5 trsIt¢S of the Company {and abo its direeth for tILe pllrpo of compw law) you are respollsible for the PTeparation of the acGounts in a¢¢ordao¢¢ with th¢ Tequirnellts of the CompanÉe5 Act 21KJ6 (Ihc 2006 ACV). Having satisfied myself that the accounts of the Company a not requir&1 to audited under Part16 of the 2006 Act and are eligible for independent exarninalio I rewrt ID w of my examiOll of your charitys accounts as carried oui under Section 145 of the Cbarities Act 2011 Cth¢ 2011 ACY). In caryiDg out rny ¢x4M]JIoll I have followed the Direction$ given by the Chanty Commission under Se¢tion 145(5) (b) of the 2011 Art IDdependent examlnews st•¢emen¢ I have completed my exammation. I confllm that no mattas have ¢orne to my attelon in connertion with the examination givin8 me eause to believe: ac¢ounting r¢¢ord8 w¢r¢ not kept in resrrtt of the Comwiy &8 required by Section 386 of the 26 Act; or the a¢¢ounts do not acxord with those records. or the a¢¢ounts do not comply with the accounting Tequirements of Seaion 396 of the 2(fi Act other than any requirement that the accout give 8 and fair vicw wtsich is not a maller c(mldered as w( of an independent examination,. or the accounts have not been preptred in a¢wrdan¢¢ with th¢ Meth( and PTinciples of the Statement of R¢¢oTnmend¢d Practice for accounting and reportin8 by chariti¢s (8ppli¢able to charities preparing their accounts in aceordanct with the Financial Reporting Stsndard applicabl¢ in the UK and Republic of Ireland {FRS 102)). I hove no concerns and haye come across no other matters in wlth the examination to which attention should be drawn in this report in order to ¢nabl¢ 4 proper undeIng of the accounts to be reAehed. Colin Gough TAO (Maidslon¢) Ltd 10 Coverdale Avenue Maidstone Kent MEIS 9DR DAte: .......A.5.... Mo... lol*
School Limited ststement of Fitl¢la1 Activities Ende 31.8.23 Total fijnds 31.8.22 Total fund INCOME AND ENDOWMENTS FROM Donations and legacies 1.5(Kl 1,500 1,793 ChArlt8ble aetfvltkj Provide Pre-school edu¢atioD 117.555 350 117.905 110.787 9.294 9294 139 6,689 Investment income 139 Tot*1 119.194 128.838 119.269 EXPENDITURE ON Chorltsble aetlvltks Provide Prtrschool education 124.086 1360 126,446 114.059 NET INCOMF.I(EXPENDITURE) (4.81r2) 7.284 2.392 5.210 RECONCILIATION OF FUNDS Totsl fundg brOllt fonvard 30.421 11221 42,642 37,432 TOTAL FUNDS CARRIED FORWARD 25.529 19.505 45.034 42,642 Page 5
School Limitcd "stLTed 0273387 Balance Sheet 31 31.8.23 31.8.22 Total fund fimds FIXED ASSETS Tangible assets 661 661 777 CURRENT A&SETS Debtor5 at bank and in hand 2.454 30.163 2,454 49.668 1,524 71,480 19.505 32.617 19,505 52.122 73.004 CREDITORS Amowits failing du¢ within one year io 17.744) (7.744) (31.134) NET CURRENT ASSETS 24.873 19,505 44,378 41,870 TOTAL ASSETS LESS CURRENT LIABILITIES 25.534 19,505 45,039 42.647 CREDITORS Amounts fallin8 du¢ after more than one year {5) (5) {5) NET A$ETs 25529 19,305 45.034 42.642 FUNDS Unr¢strirt¢d fund8 Restricted fund3 12 2J.529 19.505 30.421 12.221 TOTAL FUNDS 45,034 42,642 The charitable comFQlly is entitl to exeInption from audit under Section 477 of the CompaDtes Act 2006 for the y¢gr ended 31 Au8U5t 2023. The rnembers have not required the company io obrain audii of its financial stst¢ments for th¢ year ended 31 August 2023 in aord¥Ace with Section 476 of the compa Act 2CI)6. The trustees acknowledg¢ th¢ir rc5pon5ibilitics for (a) ensuring that the charitsble company keeps rec4)rd8 that comply with Sethions 386 and 387 of the Companies Act 20[ and prrparing financial statemeTtts which give a tnK and fair view of the 8tat¢ of 4ff4ir8 of th¢ charitable Company os ai the end of each fjnancial year and of Tts surplus or deflcit for each fitwicial y¢ar in accordan¢e with the rcquirements of S¢ction5 394 and 395 and which otherwisc comply with thc rc4uircrnots of thc Cotnpani¢8 Act 2006 r¢latin8 to fiDancial statement4 so far as appli¢8ble to the cFwitable company. (b) itinu¢d...
SCIL1 Limited Notes to the Fiti8n¢ial Statements forthe Year Ended 31 A 2023 AccouNfiNG POLICIES B1$ of preparing the fimaneil sttem¢nts The financial statetnents of the clJaTitsbl¢ company, which is a public ixnefit entity under FRS 102, have been pr¢par¢d in accordance with the Chariti¢s SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recomnlended PraLtice applicable to cljarities preparing their accounts in a¢wrdaD¢¢ with the Financial Rrtg Standard applicable in the UK and Rqyublic of ]relad (FRS 102) (elive l January 2019),, Financi Rew)rting Standard 102 Tr Financia] Reporting Stsndord applicable in th¢ UK 8nd Republic of Ireland, and the Companies Ad 2006. Th¢ finan¢ial ststemettts have been prepared under the histOTical cost conveDtion. Ineome All Incon is reColS¢ in thc Statemeni of Financial Activiti ODC¢ th¢ cbarity h45 urtitl¢m¢nt ty th¢ fund3. It is probable the income will be received and th¢ amount ¢an be m¢&9ur¢d r¢liably. Expendlture Liabilities ar¢ reCOlI¢d & expltire u soon &8 thett is a kgal or COMIve obligation ¢ommitting the charity to that ¢xpertditure. it is probable that a frafrr of e¢onomi¢ b¢n¢frts will be r¢quire4 in s¢¢tlement and the amount of tbe obligation can be rneasur reliably. Expdi is arL4Mmted for on an accruals blS and h&s been classified under headings that a88re8ate all cost related to the category. Where costs cannot be directly attribut¢d th particular beadin&8 they bav¢ bem 4110¢4ted to rtivities on a b&%is consistent with the use of resources. Tgnglble nxed 999¢ts Dcpreciaiion is provided at the followth8 amiual raths in order to write off asset over its eStinUt use] life. Plant ttT ma¢hiti¢ry Cotnputer equipnmt 15% on Tedueiti8 ba]8rtc 15% on reducing bAian Tazatlon The ¢harity 1$ exempt from cOrpor8ti tax on its ¢lwitsbl¢ activities. Futtd ecouMtlng Unrestricted filts be used in accordm with the charhabk obj¢c¢lv¢s • the dlscr¢¢lon of the trustees. Restrid¢d funds r8n only be used for pgrti¢utar r&stricted purposes within the objects of the cljarity. R¢stri¢tions arise when specified by the donor or when fiumls are raised for pJrticu14r r¢strictd purp95e$. Furth¢r explanion of the natt¢ and Pur ofeacb fi is in the notes to the financial $tatetllents. Hirn purchase and leaglng corntylt0ets Rentsls paid under orfftating lewes are Charg io the Slatement of Financial A¢tivitie8 OD 8 straight line b481$ over the period of the lease. Penslon costs *nd other post-retlrement benefits The charitable Company operates a defin contribution pension scknc. Contributions payable to the charitable cotwy's pS1on hcre ¥rE ¢hw4 to th¢ Statcrn¢ of Fingti¢ial A¢tiviti<4 in the period to which they relate. Page 8 ¢ODtiDU¢d...
LeDbam N s to tbe FItnCIal Sements- CODtinu¢d for the Year Ended 31 Au OTHER TRADING ACTIVITILS 31.8.23 31.8.22 Fundraistng events Other income 8,026 1268 4.732 1.957 9.294 6.689 INVESTMENT INCOME 31.823 31.822 tkposit a¢¢ount interest 139 NET INCOMEJ(EXPENDfnJRE) incomel(expendithre) IJ stated afteT ¢kn81n(¢reditstsg). 31.823 31.8.22 Depreciation- assds Other operating leases 116 4,124 137 303 TRUSTEES, REMUNERATION AND BENEFITS Th¢r¢ w¢re DO trustees. runeration ¢x other ixD¢fits foT the year ended 31 August 2023 TKJr for th¢ year ended 31 August 2tr22. Trnstrej, exptiisei Ther¢ were llo tryst¢K' ¢xpensts for the >rar ended 31 Au8lLgf 2023 nor for the year ended 31 August 2022. STAFF COSTS 31.8.23 31.8.22 Wag¢s and 541aries Other pension costs 109248 .785 98,139 1.606 111,033 99,745 w¢re 4L40 staff trainitt8 costs in¢wr ID 21y22 of £459 (221 £708). The r¢v¢rage monthty number of employeu dyrin8 the ythrw &q follows: 31.823 31.8.22 10 No ¢mployee$ receivod unohm)ents in ¢x¢¢ss of £60.(KK). Page 9 ontiDU¢d...
School Limited Notrs to the Financial StatemcDts- ¢Olltinu¢d for the Year Ended 31 A COMPARATIVES FOR THE STATEMENf OF FINANCIAL ACTIVITIES Total funds fund INCOME AND ENDOWMENTS FROM Donations and legacies 1,793 1,793 Ch*ritsbl¢ aetlvltles Provide Pre-school ethKation 110,787 110,787 Other trading tivi¢S 6.689 6,689 Total 110.787 8,482 119.269 EXPENDITURE ON Chgritsble actlvltles Provlde PrSChool educthion 109,550 4,509 114,059 NET INCOME 1237 3.973 5.210 RECONCILIATION OF FUNDS Total fLuJds brou¢ forward 29.184 8.248 37,432 TOTAL FUNDS CARRIED FORWARD 30,421 12221 42,642 TANGIBLE FIXED ETs PlaDt and machillery Computer equipment Totals co At I September 2022 and 31 Augu 2023 9.956 242 10.198 DEPRECIATION Ai I September 2022 Charge for year 9,354 67 26 9,421 116 At 31 Au8llSt 2023 93 9,537 NET BOOK VALUE At 31 August 2023 512 149 661 At 31 Au8USt 21Y22 602 175 777 Page 10 continued...
am Nurs S¢hool LAmited Not for Financial Statsments- Ended31 A 202 DEBTORS: Amouwfs FAING DUE WITHIN ONE YEAR 31.8.23 31.8.22 Trade debtor5 Prepayments 1,578 876 1,487 37 2.454 ,524 CREDITORS: AMOUNTS FALLING DUE wfrniN ONE YEAR 31.8.23 31.8.22 Other ¢reditors 7,744 31.134 ii. CREDITOKS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 31.8.23 31.8.22 Other Creditors 12. MOVEMENT IN FUNDS Net movement Al 31.8.23 At 1.9.22 Unrejtritttd futhds General fund 30.421 (4.892) 23,529 Rutrlcttd funds Restricted Funds 12221 7284 19,503 TOTAL FUNDS 42.642 2.392 45,034 Ne¢ movement ill fijnds, in¢lud¢d itt the ab)ve are follows.. In¢omin8 R¢sourc¢s Movement ¢xpendrJl in fjJn& UnreJtrle¢ed fundj General fjjnd 119,194 (124,086) (4.892) Restricted fu#d$ (2.360) 7284 TOTAL FUNDS 128,838 (126.446) 2,392 Pa8ell eontinued...
l Litnited Notes to the Financial Statements. CoiDUed for the Year ETrJed 31 12. MOVEMENT IN FUNDS. cotInUed Cornparatives for rnovemetst In futtds Net rnoverneDt At 31.822 Al 1.9.21 Unr¢s¢ri¢ted fund8 General fimd 29.184 1,237 30,421 Restrlcted funds Restricted Funds 8.248 3.973 12.221 TOTAL FUNDS 37.432 5,210 42,642 Comparative th¢t movement iti fimd% iticI ID the a¥¢ are &8 follows: Incoming Resources expertded Movement in fid5 Unrestrlcted fund$ Gener&i fund 110.787 (1(9,550) 1.237 Restrlc¢ed funds Restricled Funds 8.482 {4,509) 3,973 TOTAL FUNDS 119.269 (114.059) 5,210 A current ye8r 12 m0lltt and pri(* yew 12 combtned position is &8 follows: Net movement in funds At 31.8.23 At 1.9.21 UDrestricted fMDdJ General fund 29.184 (3.655) 25,529 Reylricted f•nds Restricted Funds 11.257 19,505 TOTAL FUNDS 37.432 7.(rfJ2 45.034 Pag¢ 12
ch l Limited tste for the Year Ended 31 Au 2023 12. MOVEMEIYT IN FUNDS. ¢ontlttlle41 A ¢urr¢nt y¢ar 12 month and PTior year 12 montlL8 combin1 net movement in funds. included in the above are &8 follows.. Incomin8 Rwurc¢s Movement expended In tlutds Utsrestrieted fuDd8 General fijnd 229.981 (233,636) (3,655) Restrl¢ted funds R¢strictsd Funds 18,126 (6,869) 11257 TOTAL FUNDS 248.107 1240.505) 7,602 13. RELATED PARTY DISCLOSURES There were llo relateA party trati forthe ye4r eDded 31 August 2023. 14. INDEPENDENT EXAMll¥ERS FELS The indepetthnt examiners fees forthe year wrre £864 (2022 £864). Page 13
Lenhaln N se11 Limited Detatled Statemeni of Financial Activiti&% for the Year Ended 31 A t202 31.823 31.8.22 INCOME AND ENDOWMENTS Donations and lepcics Grants 1,793 Other trdlttt ¢lfvltles Fundraising events Other income 8.026 1268 4,732 1,957 9294 6.689 Itsveltment IDeome D¢po$it a¢¢ouot in¢¢r¢st 139 ChArltAble activltlej Charitabl¢ a¢tivities in¢omt 117,905 110.787 Total IncomlnR resoiirces 128.838 119.269 Support eosts Man8g¢ment Wages Staff cost- pension Other operating le Registratiort & fees Stsff training Jnsllran¢¢ Utilities Advertising & telephone Consumable & 5Utthies Cleaning Refijse Rotes IT Costs Bad Debts written off Fixtures and fittings Computer equipmej 109,248 1,785 4.124 98,139 1,606 503 344 459 676 1,236 207 6,448 1,018 144 944 581 617 (61) 265 6.677 1,089 71 281 69 90 26 106 31 125546 111.861 FinaThce Bank tharges 60 91 GoY¢rnoTr¢¢ coats Accountancy and legal fees 2.107 T81 r¢sow¢es exPded 126,446 114.059 Net income 2.3W2 5JlO Page 14