NOAK BRIDGE PRE-SCHOOL
Charity Number 1052083 Report and Accounts 31 AUGUST 2020
NOAK BRIDGE PRE-SCHOOL
Independent Examiners Report
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity
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Commission (under section 145(5)(b) of the Charities Act, and
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to state whether particular matters have come to my attention.
My examination was carried out in accordance with general Directions given by the Charity Commission. 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
In connection with my examination, no matter has come to my attention (other than that disclosed below)
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which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act;
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and
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to prepare accounts which accord with the accounting records and comply with
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the accounting requirements of the Charities Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed
Date 27th June 2021
NOAK BRIDGE PRE-SCHOOL
Page 1
Trustees' Annual Report
Reference and Administration Details
Names of charity Trustees who manage the charity
Trustee Name Office Heidi Magner Chairperson Nicola Johnson Melanie Christopher Treasurer Emma Bolton Secretary
Structure, Governance and Management
The charity is governed by a trust deed and is constituted as a charitable association fully registered with the charity commission
Trustees are selected by approval and voted in at the annual general meeting.
Objectives and Activities
The charity objectives are to enhance and develop the education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.
During the year the charity continued to provide the facilities for parents to achieve the charitable aims
The trustees consider that they have had regard to the guidance issued by the charity commission in meeting its aims and objectives.
Achievements and Performance
During the year ended 31st August 2020 the charity posted a Surplus of £2,350 The Income for the year is £288,634 a reduction on the previous year of £15,666 The Charity had to make refunds of £28,619 due to the closure of the facilities during the covid lockdown
Included in income for the year is grants of £31,339 received due to the covid crisis The total costs have decreased by £14,976 during the year
The report was approved by the board on 17th June 2021
NOAK BRIDGE PRE-SCHOOL Statement of Financial Activities For The Year Ended 31 August 2020
Page 2
Notes
| Notes | |
|---|---|
| Incoming Resources - (Note 3) 3 Grants and Aid Income from Charitable Activities Investment Income Resources Expended 4 Fund Raising Charitable Activities Governance Costs Net Movement in funds Total Funds brought Forward Total Funds carried Forward |
Unrestricted Funds Restricted Funds Total Current Year Previous Year £ £ £ £ 288,634 288,634 303,200 0 0 1,130 70 70 40 |
| 288,704 0 288,704 304,370 |
|
| 0 0 0 281,615 281,615 294,520 4,739 4,739 6,810 |
|
| 286,354 0 286,354 301,330 |
|
| 2,350 0 2,350 3,040 |
|
| 191,013 0 191,013 187,973 |
|
| 193,363 0 193,363 191,013 |
NOAK BRIDGE PRE-SCHOOL Balance Sheet As At 31 August 2020
Page 3
| 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 Funds of the Charity Unrestricted Funds Restricted Funds Signed by two Trustees on behalf of all the Trustees |
Unrestricted Funds Restricted Funds 145,595 |
Total Current Year Previous Year 145,595 147,496 |
|---|---|---|
| 300 60,382 |
300 3,308 60,382 46,363 |
|
| 60,682 0 |
60,682 49,671 |
|
| 12,913 0 |
12,913 6154 |
|
| 47,769 0 |
47,769 43,517 |
|
| 193,364 0 |
193,364 191,013 |
|
| Signature | 193363 191013 0 0 |
|
| 193363 191013 |
||
| Print Name Date |
NOAK BRIDGE PRE-SCHOOL Notes to the Accounts At 31 August 2020
Page 4
1 Basis of preparation
The accounts have been prepared under the historical cost convention and include the results of the charity which are described in the Trustees' Report and all of which are continuing. The accounts have been prepared in compliance with the statement of recommended practice (SORP 2005) and the charities act 1993 amended 2006.
There have been no changes to the accounting policies and no amendments to the previous years financial figures.
2 Accounting Policies
Incoming Resources
These are included in the statement of Financial Activities when the charity becomes entitled to the resource, the trustees are virtually certain they will receive the resources and the monetary value can be measured with sufficient reliability.
Expenditure and Liabilities
Liabilities are recognised as soon as there is a legal obligation committing the charity to pay out the resource.
Assets
These are capitalised if they can be used for more than one year, and cost at least £500.00 They are valued at cost or a reasonable value upon receipt.
- 3
| Analysis of incoming resources Grants and aid Nursery Donations Grants Income from charitable activities Fees Fund raising Miscellaneous activities Investment income |
This year Last year £ £ 257,295 285,200 18,000 31,339 |
|---|---|
| 288,634 303,200 |
|
| 0 0 0 1,130 0 0 |
|
| 0 1,130 |
|
| 70 40 |
|
| 70 40 |
NOAK BRIDGE PRE-SCHOOL Notes to the Accounts At 31 August 2020
Page 5
| 4 Analysis of resources expended Grants and aid Nursery Vouchers Donations Fund raising Expenditure from charitable activities Wages Salaries and PAYE Rent and Establishment Administration Depreciation Governance costs Training Accountancy Legal and Professional Bank Charges Bad Debts Extra Ordinary Item |
This year Last year £ £ 0 0 0 0 0 0 |
|---|---|
| 0 0 |
|
| 220,628 220,971 10,971 12,086 48,115 59,086 1,901 2,377 |
|
| 281,615 294,520 |
|
| 1,482 3,110 1,350 1,350 1,531 1,906 324 444 52 0 0 0 |
|
| 4,739 6,810 |
5 Trustee Expenses
There were no payments for expenses claimed made to any trustee during the financial year.
| 6 Staff costs Gross Wages, salaries and benefits in kind Employers National Insurance Temporary Wages Recruitment Costs Pension costs |
This year Last year £ £ 207,374 206,337 9,435 8,257 351 3,416 48 225 3,420 2,736 |
|---|---|
| 220,628 220,971 |
The average number of full-time equivalent employees in the year was as follows:
| follows: | ||
|---|---|---|
| This year | Last year | |
| Charitable Activities | 15 | 14 |
| Administration | 2 | 2 |
NOAK BRIDGE PRE-SCHOOL Notes to the Accounts At 31 August 2020
Page 6
7 Tangible Fixed Assets
| Property | Portable | Kitchen | ||||
|---|---|---|---|---|---|---|
| Improvements | Class Room | **Equipment ** | **Equipment ** | Total | ||
| £ | £ | |||||
| Cost | ||||||
| Balance at 1 September 2019 | 33,217 | 137,989 | 2,650 | 13,679 | 187,535 | |
| Additions | 0 | |||||
| Disposals | - | - | - | 0 | ||
| At 31 August 2020 | 33,217 | 137,989 | 2,650 | 13,679 | 187,535 | |
| Depreciation | ||||||
| Balance at 1 September 2019 | 23,806 | 2,554 | 13,679 | 40,039 | ||
| Charge for Year | 1,882 | 19 | 0 | 1,901 | ||
| Disposals | - | - | - | 0 | ||
| At 31 August 2020 | 25,688 | 0 | 2,573 | 13,679 | 41,940 | |
| Net Book Value | ||||||
| At 1 September 2019 | 9,411 | 137,989 | 96 | 0 | 147,496 | |
| At 31 August 2020 | 7,529 | 137,989 | 77 | 0 | 145,595 | |
| 8 | Debtors | |||||
| This year | Last year | |||||
| £ | £ | |||||
| Trade Debtors | 0 | 3,308 | ||||
| Re-Development | 0 | 0 | ||||
| Prepayments | 300 | 0 | ||||
| 300 | 3,308 | |||||
| 9 | Creditors: Amounts Falling Due Within One Year | |||||
| This year | Last year | |||||
| £ | £ | |||||
| Trade Creditors | 8,232 | 1,820 | ||||
| Accrued Income | 0 | 0 | ||||
| Loans and Credit Cards | 341 | |||||
| Other Taxes and Pension costs | 2,990 | 2,984 | ||||
| Accruals | 1,350 | 1,350 | ||||
| 12,913 | 6,154 |
There were no transactions with any related parties during the year
10 Transactions with related parties
NOAK BRIDGE PRE-SCHOOL Profit and Loss Account For The Year Ended 31 August 2020
for the information of the director only
| Cost of Sales Materials Rent and Rates Utilities and Establishment Wages & Salaries Pension Fund Costs Temporary Wages Recruitment Costs Training Postage, stationery & Telephone Travel and Subsistence Miscellaneous Uniform Fundraising Maintenance Insurance Accountancy Bank Charges Legal and Professional Depreciation Bad Debts |
£ £ 25,205 20,663 3,980 4,456 6,991 7,630 216,809 214,594 3,420 2,736 351 3,416 48 225 1,482 3,110 5,316 6,805 1,739 512 1,319 2,767 723 1,262 - 12,288 24,905 1,525 2,172 1,350 1,350 324 444 1,531 1,906 1,901 2,377 52 0 286,354 301,330 |
|---|---|