Charity Registration No. 1050009 ST CATHERINE'S PRE-SCHOOL GROUP TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 HARTLEY'S CHAR TERED CER TIFIEI) ACCOUNTANTS FIPST FLOOR. 678 EAST STREET. BFIIOPOR T. DORSET OT6 3LB T.. 01308 538 120 E.. INFOQHARTLEYSACCOUNTANTS.CO.UK W.. WWW.HAR TLEYSACCOUNTANTS.CO.UK ST CATHERINE'S PRE-SCHOOL GROUP LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs H Gibbs (nee Bradberyl Ichairpersonl Ms A Heaton-Livingstone (Treasurer} Mr S Dixon (Secretary) {appointed 17110/20231 Mrs E Burt (Nominated Person) Ms K Middleton (Safeguarding Children) Ms A Blogg Mrs A Heaver Inee Gibbsl Ms L Smith (appointed 17/10120231 Ms L Marley {appointed 17110/20231 Ms L Bonfield {appointed 17110120231 Ms M Winters (appointed 17/10/2023} Ms P Osment (appointed 17110/2023} Charity number 1050009 Princlpal address The Cabin Pymore Road BRIDPORT Dorset DT6 3TR Accountants Hartleys Accountancy Limited Chartered Certified Accountants The Grove Rax Lane Bridport Dorset DT6 3JL Bankers TSB 18 West Street BRIDPORT Dorset DT6 3QL ST CATHERINE'S PRE-SCHOOL GROUP CONTENTS Trustees, report Independent examiner's report Statement of f inancial activities Balance sheet Notes ST CATHERINE'S PRE-SCHOOL GROUP TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The trustees present their accounts for the year ended 31 August 2024. The accounts comply with the charity's governing document and have been prepared in accordance with the requirements of the Charities Act 2011 and the Statement of Recommended Practice, Accounting and Reporting by Charities" issued in Ju ly 2014, using the accounting polices set out in Note l. Structurei governance and management The charity is an unincorporated charity originally constituted by the governing document adopted on 30 August 1995, amended by resolution dated l December 2006. The charity adopted a new constitution on 4 November 2014, The Pre-school Learning Alliance Model Constitution 2011. The day to day running of the charity was carried out by Mrs E Burt under the guidance of the governing body, made up of the Trustees. The governing body meet once every half term to discuss matters relating to the operations of the charity. The trustees have reviewed the major strategic, business and operational risks facing the charity and they consider that there are adequate controls in place to m itigate these risk5. Objects and activities To enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by: (al offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportu nities for all children whatever their race, culture, religion, means or ability; Ibl encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas; Icl instigating and adhering to and furthering the aims and objects of the pre-school learning alliance As required by section 17151 of the Charities Act 2011 the Trustees have considered the guidance published by the Charity Commission in respect of public benefit. They believe that the Charity's object, as set out above, falls within the definitions of charita ble purposes in the Act and that the activities as set out above contribute to meeting that object. Achievements and performance The pre-school's fee income has increased significantly this year from £108,266 in 2023 to £130,415 this year. However, the Charity has seen a decrease in both Donation income and Fundraising income which have fallen to £5,812 12023: £7,034} and £5,70312023: £7,893), respectively. Despite the reduction in Fundraising and Donation income, the Trustees would like to thank the local community for their continued support of the pre- school. Overall, total income has increased by £18,987 to £142,462 forthe year. Total cost5 for the year have increased this year to £132,422 {2023.- £119,358). The main reason for this is an increase in wage costs from £94,714 in 2023 to £104,046 this year. Despite the rise in costs, the overall su rplus for the year has increased to £10,04012023'. £4,117). ST CATHERINE'S PRE-SCHOOL GROUP TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Financial review Cash funds at the year end stood at £82,802 12023 - £67,259). The increase in cash balances is due to the surplus achieved this year plus additional Early Years Grant income received in advance for the Autumn 24 term of £19,994 (Last year, only £14,918 was received in advance for the Autumn 23 term). The trustees recognise the need to maintain the level of fundraising activity next year to ensure that the pre-school can continue to maintain and develop its level of care and the range of activities offered to its children. Trustees, responsibilities Charity law requ ires the Trustees to prepare financial statements for each f inancial year which give a true and fair view of the state of affairs of the Charity and of its net movement of resources for that period. In preparing these f inancial statements, the Trustees are requ ired to al select suitable accounting policies and then apply them consistently bl make judgements and estimates that are reasonable and prudent cl prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue its operations. The Trustees are responsible for keeping proper accounting records which disclose at any time the f inancial position of the Charity and to enable them to ensure that the financial statements comply with the requirements of the Charities Act 1993 as amended by the Charities Act 2011. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregu larities. On behalf of the board of Trustees G ibbs Trustee Ms A Heaton-Livingstonf. Trustee 11012 17icI24 ST CATHERINE'S PRE-SCHOOL GROUP INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST CATHERINE'S PRE-SCHOOL GROUP I report on the accounts of the charity for the year ended 31 August 2024 which are set out on pages 4 to 8. Respective responsibilities of trustees and examiner As the charity's trustees, you are responsible for the preparation of the accounts. You consider that an audit is not required for this yea r under section 144 of the Charities Act 2011 (the 2011 Act) and that an Independent Examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act, follow the procedures laid down in the general directions given by the Charities Commission under section 1451Sllbl of the 2011 Act. and to state whether particular matters have come to my attention. Basis of an independent examiner's report My examination was carried out in accordance with the general directions given by the Charities Comm ission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be requ ired in an audit and consequently no opinion is given as to whether the accounts present a true and fair view" and the report is lim ited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention.. lal which give5 me reasonable cause to believe that in any material respect the requirements: li} to keep accounting records in accordance with Section 130 of the 2011 Act,. and lil) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act,. have not been met,. or {bl to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Simon Hartley FCCA Chartered Certified Accountant Hartleys Accountancy Limited Chartered Certified Accountants The Grove Rax Lane Bridport Dorset DT6 3JL ST CATHERINE'S PRE-SCHOOL GROUP STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 Restricted Unrestricted Fund Fund Total 2024 Totol 2023 Notes Intomin resources Incoming resources from generated funds Donations Grants Fundraising Other In¢omin8 resources from charitable activities Fees and early years grant Incoming resources from investments Bank interest 5,812 5,812 7,034 5,703 25 5,703 25 7,893 130,415 130,415 108,266 507 507 282 Total incoming resources 142,462 142,462 123,475 Resources ex ended Costs of generating funds Charitable activities Governance costs 1,681 124,662 6,079 1,681 1,611 124,662 112,350 6,079 5,397 Total resource5 expended 132,422 132,422 119,358 Net incoming/loutgoin8) resources 10,040 10,040 4,117 Net movement in funds 10,040 10,040 4,117 Total funds brought forward 231,352 231,352 227,235 Total funds carried forward 241,392 241,392 231,352 ST CATHERINE'S PRE-SCHOOL GROUP BALANCE SHEET FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 Fixed assets Tangible assets 177,012 178,521 177,012 178,521 Current assets Stock Cash at bank and in hand Prepayments Other debtors 497 82,802 1,360 798 85,457 550 67,259 721 68,530 Creditors: amounts falling due within one year {21,0771 (15.699) Net current assets 64,380 52,831 Net assets 241,392 231,352 Funds of the Chari U nrestricted funds 241,392 231.352 Total funds 241,392 231,352 We approve the accounts for the year ended 31 August 2024 which comprise the statement of financial activities, the balance sheet and the related notes. We acknowledge our responsibility for the accounts, including the appropriateness of the accou nting basis set out in note l and for providing Hartleys Accountancy Limited with all the information and explanations necessary for their preparation. The accounts were approved by theTrustees on................ .and signed of their behalf by Mrs Gibbs Trustee ton-Livingston Trustee ST CATHERINE'S PRE-SCHOOL GROUP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 Accounting policies Basis of preparation The accounts have been prepared under the historical cost convention and in accordance with the applicable accounting standards, the Statement of Recommended Practice, Accounting and Reporting by Charities" issued in July 2014 and the Charities Act 2011. Incoming resources Fees and grants receivable are accounted for in the period to which they relate. Fees are stated net of any discounts. Fees received in advance are included in deferred income and released to the Statement of Financial Activitie5 in the fiTJancial year to which they relate. Donations and fundraising income is accounted for when received by the school. Resources expended All expenditure is accounted for on the accrua15 basis and is recognised when there is a legal or constructive obligation to pay for expenditure. All costs have been directly attributed to one of the functional categories of resources expended in the Statement of Financial Activities. Governance costs comprise those costs not directly attributable to direct charitable expenditure, but which are in respect of the general administration of the charity. Tangible fixed asset5 and depreciation Tangible fixeLJ assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: Property Fixtures, fittings and equ ipment Not depreciated 15% reducing balance Funds Unrestricted income funds are fund5 which can be applied to the School's charitable objectives at the discretion of the Trustees. ST CATHERINE'S PRE-SCHOOL GROUP NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Total Resources expended 2024 2023 Costs of generating funds Uniform and bags Fundraising costs 581 I,ioo 573 1,038 1,681 1,611 Charitable activities Wages and salaries Pension contributions Consumables Toys and books Football coaching Staff training and welfare Excursions and childrens, entertainment expenses CRB and medical report fees Light, heat and water Repairs and maintenance Cleaning Insurance 104,046 1,623 3,341 3.215 94,714 1,310 2, 761 3,013 528 293 857 357 2,476 1,922 2,096 2.023 809 1,107 308 2,917 2,775 2,250 2,271 124,662 112,350 Governance and support costs Accountancy costs {including Independent Examiner's feesl Professional fee5 Printing, postage and stationery Telephone and internet Sundry expense5 Subscription5 Depreciation IProfitl/loss on disposal of tangible fixed assets 1,437 120 790 1,499 168 393 1,602 70 766 90 1,280 873 316 330 1,742 6,079 5,397 ST CATHERINE'S PRE-SCHOOL GROUP NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Tangible fixed assets Fixture5, fittings and Property equipment Total Cost At I September 2023 Additions Disposals At 31 August 2024 167,879 30,418 198,297 163 163 12201 12201 30.361 198,240 167,879 Depreciation At I September 2023 Charge forthe year Eliminated on disposal At 31 August 2024 19,776 1.602 11501 21,228 19,776 1,602 11501 21,228 Net book value At 31 August 2024 167,879 9,133 177,012 At 31 August 2023 167,879 10,642 178.521 Creditor5: amounts falling due within one year 2024 2023 Accruals Deferred income 1,083 19,994 781 14,918 21,077 15,699 Trustees Mrs E Burt received a remuneration during the year through her employment at the pre-school