Ch4rity registTation number.. 1044128 Little Pippins Preschool Grecnmeadow ATuwal R¢port and FÉnancial Stakm¢nts forthe Y¢arEnd¢d 31 August 2022
little Pippins Preschool Greenmeadow Contents {eontinued) R¢krence and Admithistratiye D¢tai15 Trustttg R¢w)rt 2to3 St2t¢ment of Truste Responsibilities Independent Examiner's Report Stht¢mcnt ofFinan¢iAI Activities B&lance Sheet Notes to the Finan¢ial Stat¢ments 8t013
Little Pippfins Preschool Greenmeado Reference and Administratlve Details Truite S A P¢nJJy J A Jeans Charity Regi#tration Iyumber 11)44128 Prth¢lpAi Offi¢e Pen Close Greenmeadow Swindo Wiltshire SN25 3LW Independent Ex*Iner Mrs Lisa Hobbs FCCA UHY Ross Brooke 16 DoEcan Business Village Murdo¢k Road Swindou Wiltshir¢ SN3 SHY Page I
Little Pippins Pr¢S¢hool Greenmeadow Trustees, Report Th¢ trustees pres¢nt the amiual r¢port togeth¢r with the f]nncial stat¢mettts of th¢ ¢lLarity for the year ettded 31 August 2022. ObJe¢¢ives #rtd #etivitl¢$ Objeets Almi The trusteti confirni that they hav¢ Complied with the requirements of secuoll17 of the Charities A¢t 2011 10 have du¢ regards to the publir bEnefit suidance published by th¢ Charity Cotllmftssion for England and Wal¢s. All of the charitable 2clivÉti¢s focus on thh&n¢ing the development ¢du¢ation of children primllriliy UTkder st2ty10ry scho<>l agc, in a saf¢ and ¢aring environment. The main activities ar¢ to offeT GOOD pltty education and care facltIeS for ¢bildren aged betweeo 2 and 4+ yeaTS in th¢ Preschool and ptovide atTordable out ef Khool provision 4 local Sch({$ for breddast and afterschool fordLildren agcd 3 to 10 ye&TS old. The chaThty off¢rs a balaA¢¢d attd Stimulati C1¢U1vrn IEYFS) based on appropiiate play fa¢Eiitie& r¢sovr¢¢s and equipment, ensut&L8 that the needs of every kndividual 15 rnet. providiTE8 the same opportunities for ajl childieA regardless of gender, SEND, rac¢, culMre and Tcligion. StrDcture, G&v¢rnAn¢¢ and m4nAgem¢fjt The ¢lwity is govcrncd by thc PSLA 2011 ConstittTrtion adopted 00 5 Octob¢r 2017. The ttustees and committee D)¢mb¢rs shall be elected for one y¢at at the AGM. Retjring offi¢eTS and wrnmittee tberS Are eligible for r&ek¢lion wil¢ss th¢y bav¢ alr¢F41y wved ¢)n tF¢¢ ¢ornmile in any w¢ity for I Cottsecutive yebrs. Co-opted members May join fit any time on tbe invitAtion of th¢ committee but shall r¢tii¢ at th¢ n¢xt AGM. No -opled member shall serve for mor¢ than 6 n8UtiVe years. Itt the ev¢Dt of dcath or resignation of ¢l¢rt¢d conttntttee tyemb, ally vacattcy Shall bG fdled utttil the next AGM by a member appwnt¢dby the ¢oTnmittee. FinaThcio1 review The position of th¢ thar&ty the year-end is Set out itt our financial r¢p)rts and 8upponing do¢um¢nts. The priD¢iple source of income i& from Govemmenl E•rty Y¢ars Education ndIng for 2, 3 and 4 ytArolds. fees from parent5 for non-funded children or additional hour5 over th¢ir government nded hours. fuDdrai5ing attd The Pre-school holds the rights tts set 15ide iDcotnc as ttserv¢$ against ful¥ exp¢tLditurc, such as reduttdancic5 and payments to crcditors if the Charity was to reach a position wher¢ li had to close Ill accord8n¢¢ with written reserve policy. The totalIes¢kv¢5 at 31 Au¥ 2022 amount to £7,568 (2021,. £23,947). All tesery¢s w¢r¢ UDr¢stri¢ted. Tbe trusteeslm&nag¢memt ¢ommittee have aSSed th¢ m&jor risks to w"¢h th¢ charity is expose4t in parttcular teiating to oper2tions and fit)a Bnd are satisfied that systenu are tn place to mitigate exposurc to the major risk5. Those risk$ include COVID. stsff retenlioffj ongoing in¢r¢8se national mintmum and living wa8e and the lack of fiAnd¢d 2 year old a¢¢es$ing th¢provisions. Pag¢ 2
Little Pippins PreS¢bool Greenmeadow Trustees, Report (contlnued) Athlevements ¥nd p¢rfoTlllllllet As lockdowns ceased, we slarted to get back to some form of noEmality. ngisLAg effo where at att 411-tin hi8h wth ¥ivJties in¢ludin8'. Bag2School Raffle8 S8ntA Lerters and Video ChTistsnas Bazaar Di0 and Bedtime Storic& Eas¢er Colouring Sheets S¢lling sttond unifom] Seavenger hunt Qui2 nights Govcrnmcnt it)creased from April 2022 foi 2 y¢aT olds. however thc brcakfasi club had to be closed os schools wcrc ablc to 0r pri¢es. Thi5 year w¢ ¢ontinued to re-new re8ourc¢5 UIpMent in the presch¢)ol, -year mom, aftcrsch4Jol and boliday club. We have provided ¢xperi¢tJccs such as Haydon L¢igb$ story bus artd Jonathan's Jungle roadshow. The atwuaj reportwas apyroved by the trustees of the charity on .................... aDd signedott its behwlf by: Ptn TThs P8g¢ 3
Little PippiD$ Preschool Greenmeadow Stateellt of Trustees, Re8ponslbllltles The ttustees are iespon511)le for preparing the thist¢es' r¢port and th¢ fitLAn¢ial statements in ac¢ord2nte witb the United Kingdotn AccouTtting StandaTd$ (United Kingdom Generally Accepted Accounting Prdctice) and applicable law and rc8ulations. The law applirable to cbarities Tequires the tru8iees io prepare financial statements for e&ch fitsan¢tal year wbich give a true and fair view of the stat¢ of affairs of the charity and of the inMi8 res(Trurcu alld application of rourceS of th¢ cbarity for that period. In pr¥parig these fitsaucial Ststen, the tnLStees arc required to.. s¢l¢ct suitable accounting policies and Ihett apply th¢m consistently- observe the metbods and pr]t)cipl¢s in th¢ ChErities SORP. makejudg¢m¢nts aDd e51inMtes are teasonabl¢ and prnd¢nt,' stat¢ whether applic8bl¢ a¢Unting strdds have becn followed. subj¢¢t to any trIal d¢partur¢s disclosed and ¢xpl#ined in the fJnaDcial stst¢ments,' aud pr¢paie th¢ fiLan¢ial statemellt5 on the goll ¢on¢em bisis unless it is itiapprtspriate to pr¢sllme that the charity wdl eollfinuc in business. The tht¢e$ ar¢ r&spon5ible for keeping proper ac¢outLtittg records thal di$elo$e with rea50ftable ac¢ura¢y at any the financial posttion of the charity atsd enabk them to etMir¢ thai the flnancial statemcnts comply with the Charitics Act 2015, the Chariti¢s (A¢¢tsunt8 2nd Reporrs) Regulations 2008, and the provisions of the Constition. Th¢ tsust¢cs are also resFrf>nsible for safeguarding the atsets of the ¢han"ty and h¢ft for tsking reasonable steps for the prcventson and detcction of fraud arkd other irregulariti. The trustees are resFrt)ttsible for the Jnaiotenance gnd integnty of the corpoTatc and finittcihl tnfonnation in¢lud¢d on the clwitable comp&Dy's w¢b3ite. ILgislatiO governing thc prepaTation and disseminatio of financial stateEneELt8 May differ from legislation in othcr jurisdi¢iion$. Approved by th¢ trustees of the charity 0tt..26.D3 Ir and signed on i15 behalf by.- TTUStce Page 4
Little Plppins Preschool Creenmeadow Independent Examiner's Report to tbe trustees of Little Pippin$ Preschool Greenrneadow I rcport to the tstees on my examtJatiDD of the ac¢ounts of Littlt Pippin& Preschool GrceDmeadow for the year ended 31 Au8USt 2022. R£poD$lbllitie$ and bash of report As the rharity trle¢S of Little Pippins Preschool Greenmeadow you ar¢ r¢sp)nsibl¢ for the prepar8tion of the accounts in accoidanc¢ with the requir¢mett¢s of the Charitie5 Act 2011 {'th¢ Acl'l. I repon in re$p¢ct of my examination of the Little Pippins Preschool Gre¢nm£adow's aecounts carried out uthr section 145 of the 2011 Act and in carryrng our my examination I have followed 211 thc applicable Diieciions given by the Charity Commission under section 145{5llb) of the Act. ladependellt examlnér's ststement SiThce Litt]e Pippins PreS¢hool Greenmeadows gross income ex¢¢eded £250,000 your examin¢r must b¢ a m¢mber of a body listed se¢tion 145 of th¢ 2011 Au. l confirm tbat l am qualified to uud¢rtake the eLnination because I a mezttherof , wkn"¢h is one of tbc listcd btsdies. I have completed my Examination. I wnfirn) that mateTial TTratteT5 hav¢ come to my ottelltion in Connelon with the cxaminatson giviTh8 m¢ ¢aus¢ io b¢li¢v¢ that in any rnalerial T¢5pe¢t= aoUnting r¢cords w¢r¢ noi ktpt in respect of Li¢ Pippins Pr¢S¢hool Gr¢¢nmeadow as reqyired by section 130 of the A¢ti or 2. ¢he accounts do fftot accord 7th thos¢ records" or 3. the accounts do not comply wilb the accouDiin8 r¢qyirements cm)cern>ng the fonn and content of accout set oul in rhe Charities (Ae¢oullts and Repottsl R¢gulatioh$ 21K)8 other than any requirertient that the accouts give a 'irn¢ and fair wew, whi¢h is not a m8tt¢r considered *8 part of all itthp¢nd¢Dt examinaiiott. I have tto ¢oD¢errts and hav¢ ¢Ort acTOSS no other matters in coneCtion wilh the ex8minauoll wbich attention should b¢ drawll in this report in older io enable a properuT¥Jer5tsd1tiE of the accounTS to be aed. Mrs Lisa Hobbs FCCA UHY RO Brooke 16 Dorcan Business Villake Murdock Road Swindon Wiltshire SN3 SHY Page 5
Little Pippins Preschool Greenmeadow ststement of Financial Activities for the Year Ended 31 August 2022 Unre$trieted Total 2022 Note Ineome EadowmeDts from: Donatio5 and lega¢i¢5 InVtMent income Other income 240,970 240,970 102 171 102 171 Total incom¢ 343,142 343 142 Exp¢nd5ture OA: CharÉtable a¢tivities Other expendittwe (352,677) 16,844}_ (352.677) Totsl cxpendithrc 1359,521) 359 5211 N¢t ¢xpendimre 16.3791 116,379 Net movement in futxts {16.379) (16.379) RetotsciliatloD Df funds Total funils biought fotivard 23.947 47 Totsl Carri forward 12 Unrestricted fund5 Total 2021 Note Intom¢ *nd EmdowmeRts from". Donattons and lega¢i¢s Investment iR¢orn¢ Other incoo 237,577 237,577 Totsl iti¢om¢ 306,418 306,438 Expendftllr¢ on: Cbaritsble a¢tivities Other expendire (365,1Mll 17 528) {365.041) {7,528J 1372.5691 Total cxpcndittJr¢ 372 569) Nel cxpenditurc 166.1311 166.131) Net moveTnent in fund 166,131) (66,131) ReeoDeiUi¢lon of fulld$ Total fvnds brought forward Totsl fvnds ¢arri¢d forward 12 23 47 All of the Charity's actLVlties deriv¢ from Contitsing operations during the above PQds. The fimds bT¢akdown for 2021 is shown ill note 12. The not¢s on pages 8 to 13 forni intC8ratpart of these fjnanci815¢at¢ment8. Page 6
Little Pippins Preschool Greenmeadow (Registration number: IIM4128} Balgnce Sheet as at 31 August 2022 2022 2•21 Note CllTreiit aM¢t5 Cash 4t bank and in hattd 10 17,598 40.455 Creditora: Amoynts fslling due within one year Net assets 110 030) 165081 7.56 tnds of tbe charlty: Ullrestritt¢d illcowe funds Uthf¢$tri¢ted fimds TotAI fuDd8 12 23.947 The finaDcial stat¢mellts on pages 6 to 13 were approv¢d by the tEU5tee$, and authoristd for issu¢ on ..os.Irand sI¢d on thetr behalfby.. 5 A J¢ap$ The Jwtes on pAses 8 to 13 forni an integral part of these fiDanci81 $t8temollts. Page 7
Llttle Plppins Preschool Creenmeadow Notes to the Financial Statements for the Year Ended 31 August 2022 l Aeeollllthi¥ polieies StatetNent ofcornp]iaDce The finaD¢ial stst¢meD(s hav¢ been prepBr¢d accordance witb the second ediuon of the Charities Stot¢Tnent of Ke¢OnMettd¢J Pra¢ti¢e issued in October 2019, the Financial Reportirtg Stattdard applicable in th¢ Unit&l KBdorn and Republic of frcland IFRS 102) and the Charities Act 2011. Basts of preparatiort Little Pippills PreSclLooI Gr¢¢nm¢adow meets th¢ defmition of a publac benefrt entity uttder FRS 102. The accounts (fwan¢ial statements) have b¢¢n pr¢pared undei the bistorical CO ¢onvention with atetlls recognised at wst or transaction value 1¢5$ otherwis¢ stat¢d in thc rclcv&Trt notels) 10 these InIs. Going concern Th¢ fmancial ststemellts have been prepwed on a going concern basis. The charity is depdent ots continucd fuDdiug from th¢ Gov¢rnment. The trustCCS SLY no rusoll why tbls will not continu& Incomt emdowments Voluntary kncot(Le includitLg donations. gift5, Icggcies and grants that provide corc funding br 8re of a geD¢ral nature is recogni5ed wben th¢ charity has cntitlemettt to th¢ income, it is probablc tbat the income will b¢ received and the amount caD b¢ m¢&sur¢d with Sufficient reliability. Gr4ttts rteeiv4bk Grants are rccognised when the charity has an entitlement to th¢ fuNJs aTyJ any conditions linked to ibe 8rgnts have been nt. Wb¢re perfOance cooditions are attached to th¢ grant al axe yet to be m¢( the iticome is recognised a liability ojd in¢lud¢d on th¢ balance 51teet 15 deferd Jllcomc to be rele4sed. In¢om¢ Iro]n iut¢r¢st is iTJ¢luded in th¢ a¢¢ounls when receipt is probable Alld tb¢ a¢]llt receivable can m¢&w¥ed reliably. E%peDditur¢ All exp¢ndithr¢ 1$ r¢cogni$¢d ot)¢¢ th¢re 1$ a legal OT eollsiructive obligatioa tr that eXndItUr it is prnbabl¢ sett]¢m¢nt 15 r¢quiYed and the aTrtourJt ¢3n be measured reliably. All costs are 8llo¢ated lo the applicable expendirC heading that aggTegate si]ni18r costs to that category. Where costs Cannot be dtrectly attribud to pftrtlclaF headin¥5 th¢y have been &llo¢ated on a b1$ conststettt Wkth th¢ use of resoure¢8, with central costs allocated on the basis of tim¢ SP¢llL and deprectalion cbargcs allocatcd on th¢ portton of the asset's U5¢. Other support costs are allocated based on tbe spr¢2d of $taff costs. Support ¢osts Support ¢osts iu¢lude ¢entrg1 fullC¢iOOS And hav¢ be¢n allocated to a¢tivity cost te¥One5 on a basis ¢onsis¢nt th the use of resources, for example. allocatffing Propety costs by floor areas, or per c¥its. staff costs by spent and other cosis by their usage. Page 8
Little Pippins PreS¢hool Greenm¢adow Notes to Ihe Financial Statements for the Year Ended 31 August 2022 (CODtinued) GoYern*#ce ewts Tbese iry¢lud¢ the cosis attributsble to the cbarity'5 Cop113n¢t with ¢onsti(utional and statutory requirctnent jD¢luding audiL strategic nthDagement ISt5 ¢1]ngS and r¢ITnbUts ex$¢$. Goverument grants Oov¢rnrnent gTants ar¢ r¢¢ogt)ised based on the acetual model and are ]Deasur¢d at the f8ir value of the ass¢1 reccived or re¢¢ivabl¢. GraTrts are C1]rIed as relatiThg either io revenue or to assets. Grants relating to revcnue are re¢ognised in income ovtr the pcriod in whicb Ihc reLated costs gre r¢¢ognised. fjrants r¢lating to ets are r¢cogniSl over th¢ exptctd uscful lif¢ of the asset. Whcie of a grallt relats.ng to asset is def¢[re it is r¢¢ogsnised &$ d¢red incon. The ¢lwi"ty is considered to pass the tests Set out in Paragr&ph I Schedllle 6 of the Finance Ad 2010 and therefore it m¢ets the definition of a charitable corllpany for UK corporation tax purposes. AcwTdill8ly, tILe charity is potentially exellwt from t&xation in respect of incorfie or capiial gains received within ¢ate8ories covered by Chaptcr 3 Part I l of the Cory)oration Tax Act 2010 or Section 256 of tbe Taxatiott of Chargeable Gains Act 1992, to the cxt¢xt that such intom¢ or gains are applicd exch]siYely to charitable prposes. Cwh ¥4nd casll equiyalents Cash and c45h quivalents Comprise casb ott hand and ¢all deposits, and other sbort-tenn hi8hly liqu &Dvestsnents that are readily convertible to a known amount of ¢•sh BThl are subjcct to ati in8i8nifieAnt risk of ¢baDg¢ in vatu¢. Fund stretre Unrestritlcd itttme fiJnd5 are general funds that &re availabl¢ for u5¢ at thE trustc¢s disu¢tion IA filltherance of the objectives of the charity. 2 lttcome from donations aod legacles UDrestricted lund6 Gener Totsl funds Grants, includin8 capital stattt4' Gov¢nLment grants 240.970 240.970 Tolal for 2022 240 970 Totsl for 2021 237 577 237 577 PAge 9
Little Pippins Preschool Greenmadow Note5 the Financial Statements for the Year Ended 31 August 2022 (continued) 3 Charitable activities UrestriCted Funds G¢n¢rl Tot•1 Funds Fees Fundraising Total for 2022 TotAI for 2021 98,920 3.251 102 171 98.920 3251 102 171 68 57 4 1Dv&tment kneomt Unrestricted Tothl GeAerl tThteFe5t rectivable and simtl&r income; IDtere5t receivable on baDk dq)osits Total for 2022 Totsi for 2Q21 5 Covernance alld suwlort costs UnrestrA¢ted funds Ger¥I Note Governance cos 6.844 6.844 Total lor 2022 Totsl (or 2021 28 Page 10
Llttle PlpplDS Preschool Greenmeadow Notes to the Finanei81 Statemertts for the Year Ended 31 August 2022 (continu) 6 Analysis of %Dv¢rfyxtt¢¢ support w¥ts Unrestricted fvnds General Totsl fynds ItthpeDd¢nt cxamination fcc5 Administration costs 960 5.884 960 Total for 2022 6,844 6.844 Totslfor 2021 7 Staff Costs The a88r¢8at¢ payroll ¢05ts were as follows.. 2022 21121 Gross salari¢s Employcr's national insuranct Employers, pensioYLeontributio Staff trainin8 Wfiges xnd 8*larles 286,7S8 12.442 7.786 288,623 12.133 7922 Th¢ monthly average number of p¢rsons ¢mploy¢d by the dwity duriDg Ibe y[ was 22 (2021.. 23) No employ¢¢ receivcd cmoluments of more £60.07 durin8 the year 8 Indepelldenl examiner's rethmtseratioD 2022 2021 Examinatson of the fillcIal statements 960 9(Kl Pag¢ 11
Llttle Pippins Preschool Gr¢¢nmeadow Y4otu to th¢ Finall¢ial Statements for the Year Ended 31 August 2022 (Continued) 9 Taiatiott The charity is a registered eh2rity and is therefore ¢x¢mpt from taxation. 10 Cash #nd cash equiv4leDts 21122 2021 C&th on hand Casb ai bank Short-t¢ dwsits 115 13.888 3.702 17 36,639 3,701 11 Credltsr8.' am•Unt8 falllng due within one yeir 2022 2021 Other erediÈors 16 08 12 Fumds B818nce &t I Septejnber 21121 Incomlng resourt R¢wurees txpellded Balan¢e at 31 August 21122 Utsrestrkte41 funds Gcnernl 343.142 In¢otnlng resoure 359.521 Balance at I S¢ptemb¢r 2010 Re50ur¢es expeDded Balince 4t 31 A%$1 2021 Unrestrict fu#d4 306 438 1372.5691 Page 12
Lfittle Plpplns PreS¢hool Creenmeadow Detailed Statement of Financial Aclivitles for the Year End¢d 31 Au2USt 2022 Totsl 21122 2021 Income #Dd EDdowments from: Donaiions and l¢ga¢ies (Anatysed below Investhi¢Di incolne (amlysed below) Othtt Income (analysed lOw) 240,970 237,577 102.171 Total inwn]¢ 343.142 306 438 Expenditure OTh: Charitable activiti¢s {aThalysed below) Other experMlitur¢ (analysed below) 1352.677) 16.84J4 (365.041} Total expettditure (359,521) 372 69) Net ¢xp¢tLdire 116.379Tr 166131 Net movenTht iti fimds {16.379) {66,131) RetoneiliAtioD of furtds Total brought fonvard 23.947 90.078 Total carried forward 7,568 This page does not fonll part of th¢ statutory fjnancxal statemellts. Page 14
Little Pippin$ Pr¢Sehool Greenmeadow Notes to the Financial Stattmtnts for the Year Ended 31 August 2022 (continued) 13 Aoalysis of ttel assets betsYee¥ fuThd$ Urtrestrie¢ed Totsj fullds #t 31 funds CenernE 2022 Cutrcnt assets Cutttnt liabilities 17,598 110 0301 17,598 110030 Totsl ntt ats Unrestricted T•tal funds Èt 31 funds Cenerl 2021 Current assets 40,455 (16 508 40,455 116508 Curr¢nt liabilities Tosal net asts 14 ADalysi¥ vf net funds At I Septernber At 31 August 2•2J 2022 Cash at bank gnd in band 17 98 N¢t debt 17J98 AÈ I September At 31 August 2&20 2•2A CHsh * bank and in hattd debt 98 46 Pa8e 13
Little Pippins Preschool Gre¢nmeadow Detai]ed Stxtement of Financial Activities for the Year Ended 31 August 2022 (continued) Tol 21122 Total 2021 UK Government 8rAttts 237.S77 237 77 240,970 JAv¢sth¢n¢lneoMe Inter¢st on cash deposits Chothble dtllvllles Fees 98,920 68.130 727 FundrdiSill8 102.171 Ch4rrf4ble actilieS Wages and saIleS Equipment costs {309,733) {562} (2.165) {12,473) (1,009) (3,727) {10,405) (8251 {11.193J (1214) 68 1352 677 (311),448) {11,162) (2.929) {18,620) 12.314) {5.323} {2,016} 11,241} {9,459} {1,090} 4391 365 0411 Buildillg costs Utiifotm5 Refr&8Ients A¢tlVfftlkeg TelephoD¢ and fax Office expellses Trade subscriptions Sundry expenses S¥pptrrtqndxovernAnc¢ Costs Independent ¢xamineT'S f¢¢ AthnLtii5tration expenses (960) 15.884) (9) 16 628) (7.5281 This page doeg not fotm Part of the StatOry fuwicÉal stA¢emertts. Pas¢ IS