REGISTERED CHARITY NUMBER: 1042520
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2021
for
Allsorts Pre School
A Hunter & Co Ltd Chartered Certified Accountants 61 St Thomas Street Weymouth Dorset DT4 8EQ
Allsorts Pre School
Contents of the Financial Statements for the Year Ended 31 March 2021
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 to 10 |
| Detailed Statement of Financial Activities | 11 to 12 |
Allsorts Pre School
Report of the Trustees
for the Year Ended 31 March 2021
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1042520
Principal address
St Augustines School Hardy Avenue Weymouth Dorset DT4 0RH
Trustees
D Pinney Ms N Kimber Mrs R Endean
Independent Examiner
Alison Hunter ACCA A Hunter & Co Ltd Chartered Certified Accountants 61 St Thomas Street Weymouth Dorset DT4 8EQ
Approved by order of the board of trustees on 28 January 2022 and signed on its behalf by:
D Pinney - Trustee
Page 1
Independent Examiner's Report to the Trustees of Allsorts Pre School
Independent examiner's report to the trustees of Allsorts Pre School
I report to the charity trustees on my examination of the accounts of Allsorts Pre School (the Trust) for the year ended 31 March 2021.
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 statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACCA which is one of the listed bodies.
I have completed my examination. I 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:
-
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 concerns and have come 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.
Alison Hunter ACCA A Hunter & Co Ltd Chartered Certified Accountants 61 St Thomas Street Weymouth Dorset DT4 8EQ
Date: .............................................
Page 2
Allsorts Pre School
Statement of Financial Activities for the Year Ended 31 March 2021
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Allsorts Other trading activities 2 Investment income 3 Total EXPENDITURE ON Raising funds Charitable activities Allsorts Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
31.3.21 Unrestricted fund £ 102,489 480,257 122 18 582,886 468,886 75,547 544,433 38,453 81,711 120,164 |
31.3.20 Total funds £ 157,796 398,975 2,752 31 559,554 513,153 78,205 591,358 (31,804) 113,515 81,711 |
|---|---|---|
The notes form part of these financial statements
Page 3
Allsorts Pre School
Balance Sheet 31 March 2021
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank and in hand CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds TOTAL FUNDS |
31.3.21 Unrestricted fund £ 5,281 480 122,969 123,449 (8,566) 114,883 120,164 120,164 120,164 120,164 |
31.3.20 Total funds £ 5,477 480 84,525 85,005 (8,771) 76,234 81,711 81,711 81,711 81,711 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 28 January 2022 and were signed on its behalf by:
D Pinney - Trustee
The notes form part of these financial statements
Page 4
Allsorts Pre School
Notes to the Financial Statements for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance 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.
Income
All income is 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.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement 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 cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with 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.
Fixtures and fittings - 15% on reducing balance
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 the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Page 5
continued...
Allsorts Pre School
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES - continued
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.
2. OTHER TRADING ACTIVITIES
| 2. | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|
| 31.3.21 | 31.3.20 | ||
| £ | £ | ||
| Fundraising events | 24 | 2,449 | |
| Shop income | 18 | 58 | |
| Other Income | 80 | 245 | |
| 122 | 2,752 | ||
| 3. | INVESTMENT INCOME | ||
| 31.3.21 | 31.3.20 | ||
| £ | £ | ||
| Deposit account interest | 18 | 31 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.3.21 | 31.3.20 | |
|---|---|---|
| Admin | 35 | 45 |
No employees received emoluments in excess of £60,000.
Page 6
continued...
Allsorts Pre School
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 157,796 |
| Charitable activities | |
| Allsorts | 398,975 |
| Other trading activities | 2,752 |
| Investment income | 31 |
| Total | 559,554 |
| EXPENDITURE ON | |
| Raising funds | 513,153 |
| Charitable activities | |
| Allsorts | 78,205 |
| Total | 591,358 |
| NET INCOME/(EXPENDITURE) | (31,804) |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 113,515 |
| TOTAL FUNDS CARRIED | |
| FORWARD | 81,711 |
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continued...
Allsorts Pre School
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
7. TANGIBLE FIXED ASSETS
| COST At 1 April 2020 Additions At 31 March 2021 DEPRECIATION At 1 April 2020 Charge for year At 31 March 2021 NET BOOK VALUE At 31 March 2021 At 31 March 2020 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.21 £ Trade debtors 480 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.21 £ Trade creditors 2,126 Taxation and social security 5,492 Other creditors 948 8,566 |
Fixtures and fittings £ 12,358 736 13,094 6,881 932 7,813 5,281 5,477 31.3.20 £ 480 31.3.20 £ 2,278 5,486 1,007 8,771 |
|---|---|
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continued...
Allsorts Pre School
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
10. MOVEMENT IN FUNDS
| Net movement At 1.4.20 in funds £ £ Unrestricted funds General fund 81,711 38,453 TOTAL FUNDS 81,711 38,453 Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 582,886 (544,433) TOTAL FUNDS 582,886 (544,433) Comparatives for movement in funds Net movement At 1.4.19 in funds £ £ Unrestricted funds General fund 113,515 (31,804) TOTAL FUNDS 113,515 (31,804) Comparative net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 559,554 (591,358) TOTAL FUNDS 559,554 (591,358) |
At 31.3.21 £ 120,164 120,164 Movement in funds £ 38,453 38,453 At 31.3.20 £ 81,711 81,711 Movement in funds £ (31,804) (31,804) |
|---|---|
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Allsorts Pre School
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.19 | in funds | 31.3.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 113,515 | 6,649 | 120,164 |
| TOTAL FUNDS | 113,515 | 6,649 | 120,164 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming Resources resources expended £ £ Unrestricted funds General fund 1,142,440 (1,135,791) TOTAL FUNDS 1,142,440 (1,135,791) |
Movement in funds £ 6,649 6,649 |
|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
Page 10
Allsorts Pre School
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
| INCOME AND ENDOWMENTS Donations and legacies Donations Fee Income Other trading activities Fundraising events Shop income Other Income Investment income Deposit account interest Charitable activities Grants SEN Funding Study Grants Furlough Grants Total incoming resources EXPENDITURE Other trading activities Wages Pensions Staff Training Support costs Management Other operating leases Rates and water Insurance Telephone Carried forward |
31.3.21 £ 250 102,239 102,489 24 18 80 122 18 366,007 27,600 - 86,650 480,257 582,886 462,861 5,337 688 468,886 23,621 - 5,116 5,360 34,097 |
31.3.20 £ - 157,796 |
|---|---|---|
| 157,796 2,449 58 245 |
||
| 2,752 31 390,825 7,650 500 - |
||
| 398,975 | ||
| 559,554 505,224 6,031 1,898 |
||
| 513,153 22,518 132 1,887 5,635 30,172 |
This page does not form part of the statutory financial statements
Page 11
Allsorts Pre School
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
| Management Brought forward Postage and stationery Advertising Sundries Cleaning Repairs Consumables Expensed Equipment Subscriptions Other Travel Depreciation of tangible and heritage assets Finance Bank charges Governance costs Accountancy and legal fees Total resources expended Net income/(expenditure) |
31.3.21 £ 34,097 3,175 151 436 3,109 5,110 8,675 11,884 1,084 - 670 932 69,323 112 6,112 544,433 38,453 |
31.3.20 £ 30,172 2,769 253 3,015 2,956 8,890 11,826 13,010 928 1,105 (168) 966 75,722 242 2,241 591,358 (31,804) |
|---|---|---|
This page does not form part of the statutory financial statements
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