Charity rcgi4tration nuinbcr.. 1054083 Rainbow Pre-school Annuul Rcporl and Financial Siutciiienls for Il)c Ycar Liidcd 31 AugFu%l 2024 Mr5 V Coffman FCCA Vicwpoiiit Aecouiilanls Ltd Saxoii Hou%c 27 Duke Sirect Cliclinsfor(I CMI IHT
Rainbow Pre-school Contents (continued) R¢l¥r¥n¢¢ diid Adn)ii)i4lr<ltivo DLtail% Truslecs, Rcport 2to3 Indcpcndcnl Lx(Imincr'% Rcpoi1 Stalcmcnt of P inancial Aclivilics Llalancc Shcct Note% to the F inancial Siatcmei)Is
Rainbow Pre-school Reference and Administrative Details Trustees C Onyctt Scan Onyctt Tom MarLIt Scirah Mrfircti Jo LdgTccombc Alexandei- Otou Charlty Registration Number 10540%3 Principal Office Cliclmcr VillugTC Hkill ChLlincr Villugve Squarc C.IILliiitsford CM2 ()R Pagc I
Rainbow Pre-school Trustees, Report Th¢ tru%t¢cs pres¢nt thc (Iniiual rcpon tOgFeihcr with Ilic financial statemcnls of thc charity for Ilic ycar cndcd 31 AugiLisI 2024. Trustees C Oiiycti Sean Onyett (appoinlcd I Scpicnibcr 20231 Tom Marctt {appointcd I Sept¢mbcr 20231 Sarali M<ircti (appuintcd I Scptcinbcr 2023) Jo LdgFccoIMbc {appoinlcd I Seplcnibci. 2023) Alexander Oioo (appointed I S¥pleniber 20231 Objectlvcs and actlvltles Public benefil The Inaiii activity of Ihc charity lid.8 beeii tlie pravi4ioii nf a pre-%elio()I playgyriiup. Ii) a(l(lilion ii) pdrcnts lec%, fuiidrai%iiigy 14 acl)ievcd Ihi'oug,h a Vciricly of IiiCclli% iiicILidiiig, fclcQbaziiui'%, %tilc of pli()l()gFrapli%, ratllc%, quizic%, book %tilcs, cakc .%alc%, gyuc%% Ilic wcigyhi COlllPLlilic)ii%, laeL Pllll)lingp evcnl% aiid %poi)%orcd cvLiit%. Thc Irustces coiifirin tlial Ihcy liÈivc complied willi Ilic r¢quir¢ii)ciil% of 4C¢lion 17 of Ilic Charilic4 Aci 2011 lo havc duc I'cgliird lo Ilic piiblic bciicfil gJiiid(Incc publi%licd by Ihc C lik)rily Comimi4%ion foi. Lngyland aiid Walcs. Aehicvements and performance As ul thc ycar cnd thcrc wcrc 56 childrci) in ullciiddi)cc of wliich 54 rcccivcd fiindiiib. Flnanclal rcvlew Piiliey on re.sevves Thc cliarity has bccn building? rcscrvcs aiiiiually lo allow Ihc prc-.%ch()()I to c()i)tinuc ill upci'alion% %hould iiuinbcr4 drop. Wc want to Inake enoug?h funds availablc for mainlaiiiiiig Ilic qudlity of Ilic provisioii now as wcll as saving for thc futui'c. Prineipalfuiiding.¥ourLe. Oiir prifflary funding 50urce8 are- l. L%%cx County Council wlio providc% 15130 hour% pcr wcek of e(Irly cducalion ciilitlcincnl for (1113 10 4 ycar olds. 2. bccs arc payablc for all cl)ildrcn iindcr 3 ycars old or haviiigF more tlian 15130 hour.s pei. weck. 3. Fundrdi%ing - wc run fundraisingF evcllts tlirougliout thc ycar to raisc funds foi. ncw cquipmcnl. Pa&TC 2
RainboTrv Pre-school
'rrustees' Report (continued)
Strllcture¥ goi'ei'nance and manaEeiiient
Jvature ofgc)veriiiiig doLuni*nt
Thc cli
Rainboiv Pre-school Independent Examiner's Report to the trustees of Rainboiv Pre-school I I'cport to the Iruslecs on my examination of the accounts uf Rdiiibow Prc-scliool for the ycar ended 31 August 21124. Responsibilities and basi5 of report Ats the chui'ity trustees of Rainbow Pre-school you ar¢ rc%ponsiblc for Ihc preparation of thc accounts in accordanc¢ with th¢ r¢quircincnl% of tlic Cliiirilics Act 2011 I'ihc Act.). I I'eport in rcspecl of iny exaniindlioii of thc Rainboiv Prc-school's accounts cai'i'icd out undcr %cctiur) 145 of thc 2011 Act (Iiid iii carryiiigF out my cxainination I have followcd all Ilie applicable Directions gvivcn by Ilic Cliurity Coinmission uiidcr sceiion 145(5){bl ol'tliL Act. Basis of independent examiner's report My cxamiiiation was carricd out in accordancc with Ihc gciiLral Dircciion4 gTivcn by Il)L Cliarily Comiiiission. Ai) cxaii)ii)alion iiicludL% a I'cvicw of Ilil aLiuuiiliiigT fL¢UI'd4 k¥i)I by IIIL. ¢li(Ii'iIy clnd ¢1 ¢UIIIP411'i%Uli of il)c clCC(lilllt% prc4ciitcd willi Ilio%c I'ccords. It al%0 include% c(Iii%idLrÈitioii of any Linusuul itcins oi. di%clo.4urcs iii tlic (ICCOUllts, and seckingy cxplaiiali01i8 from you Iruslccs conc¢niinbY aiiy %iicli mJtlcr%. Tlic procedurc undcriakci) do not pi'ovidc all the evid¢n¢¢ Ilial would bc rcquii'cd iii 41ll ¢lLidit aiid con%cquciiily no opinion i gFiVCli a% lo wlictlicr Ilic accoun14 pi'c%cnl a 'lruc uiid fail. vicw, aiid Ilie report 1.4 liinitcd lo t1i05c m(Iltcr% Ict out iii ilic iicxl %latcniciit. Independent oxamlncr's statcment In conncclion with my cxainiiialion, no mdtlci. lias coiMc to Iny attcntion.. ( l } whiLI) biivets In¢ I'e<i%ollciblc cau%¢ 10 bLI icvc Ih<il 111 rllly Iiiulcricil I'L%pcLI Ilic rcqiiii'cimcnls.. to kL'CP ttccoiintingy rcLoi-ds in accoi'dtiiicc with %Lclion 130 of Ilic Cliciritic4 Aot 2011 * <iiid to pi'cpai'c aLcoiiiil% which d¢COI'd will) Ilic dCC()111)lin&T I'ccord% cind coiiiply with Ilic uccuuiiliiig rcquii'cincnt.% of tlic 201 l Act havc not bccii Inct., or {2) lu which, in my opiiiion. atlcntloll Should bc drawn in oi'dci- to cnablc a prLipcr uiidcrslcll)dingF of Ilic <ic¢ount to be reached. Mr% V Cotyman CCA Vicwpoint Accountants Ltd Saxoii l.lou%c 27 Dukc Sirccl Ch¢linsford CMI IHT
Rainbow Pre-school Statement of Financial Activities for the Year Ended 31 August 2024 Total 2024 Unrestricted Not¢ Incorne and Endowmcnts from: cliciri14tbl¢ activitic 158,942 15X,942 Expendlturc on: Cliaritablc aclivilic {206.0771 1206,077) Total Lxpcnditurc {206,077) 12n6,0771 Ncl niovcincnt in fuiids (47,1351 147,135) Reconciliation ot. funds Total fui)ds bi'oughi forward 131,7O() 131,706 Total funds carried forward 4.571 84.571 Total 2023 Unrestrlctcd Note Income and Endowments from: Cliai-itablc ¢lCtivitics 157.249 157,249 Expcndlturc on: Cliai'ilablc aclivilics (IX3,1401 11143.1401 Total Lxpcndilurc 1183.1401 11113.1401 Nct rnovcmciil iii funds (25,11911 125,891) Reconclllatlon of funds Total funds brought forward 157.597 157.597 Total fund% carried forward 131,706 171,706 All of Ihc chai'ity's aclivilics dcrive froin conlinuingF opcI'alion% duringi Ihc ab()vc two pci'iod%.
Rainbow Pre-school (Registration number: 1054083) Balance Sheet as at 31 August 2024 2024 2023 Notc Current assets Dcbioi'% Ca%li at bank and iii hand 2,747 82,484 630 131.736 85,231 132.3()6 Creditors: Amounts falling due within one )'car (6()01 (6601 Net assets 84.571 131.70() Funds of the charity: Unrestrlctcd income funds Uni'¢4lriclcd fuiid 84,571 131,706 Total funds f14,571 131,706 Thc financial stateiM¢nls on pages 5 to I I wcrc approvcd by Ihc tru4tCC%. ¢iiid ¢iulhoi'i%Ld for i%%uc on and %ibyncd on Ihcir behalf by.. 5.1.41.).5 C Onyclt Ti'u%lLc P<lLF¢ 6
Rainboiv Pre-school Notes to the Financial Statements for the Year Ended 31 August 2024 l AceountinE policies Statement of compliance Tlic findiici¢il slatcinLllts havL becii pi'CP<ircd iii (IccoI'dcll)cc with tlie %ccoiid c(lilion of Il)L Chai'ilic% SiiilLinoiit of Rcconinicndcd prCtiL¢ i%4ucd in Oclobci. 201 (), Ihc F iiiancial Reporiingy St¢iiidcli'd <ipplicablc iii tlic Uiiitcd King,doi dl)d Republic of Irclaiid (F RS 1021 aiid Ihc CharitiLS ALI 2011. Basis of preparation R¢iinbow Prc-scliool Ineel% Ili¢ dcfinitioii of a public bcncfil ciitily uii(lei' kRS 102. Tl)e deLuunts {fiii¢inci¢il slutcmcnt%l liavL beeii prcparcd undcr Ilic Iiistorical cost convcntioi) willi ilciii.% rc¢ogiii%cd at co%t oi. Iraii%(Iclion valuc unlLS% olhcrwi.4e slatLd in Ihc I'clevani Iioic{%) lo Ilicic kiccounts. Golnx concern Thc trustccs consider that Ihcrc (Irc no Inalcrial unccrtainlics uboul tlic cliai'ity'8 abilily 10 COIiIiiiuc ¢1% ll gFOiIig' conccrn. Eypendlture AII CXPLndilure is rccogFiiiscd oncc Ihcrc 1% a l¢byal or construclivc obligyalion lo that expciidilurc, it ]% probablc %eltlcinenl 1% rcquii'cd and Ilic aiiiouiil C¢lli bc Iiic(1surcd I'cliably. All co41% ¢ll'C <11 Ioc¢ilcd lo Ihc <ippIic<iblc cxpciidilurL hcadiiig Iliat aL'&vrcg?utc 4iimilar co%ls lo Ilial c£ttcgyoi'y. Wlicrc Lost% Caiinot bc dirccily iillribulcd lo particultii. IIc41dingT4 Ilicy havc bccn alloc(Ilcd ()11 (I bkisis cun%i%lcnl willi Ilie u%c of I'c%oiircc4. with iciilr(11 slkiff costs 21111)C¢iled ()ii Ilic b(i%i% of iiinc %pciit, and dcpi'LLlatioii ¢lidl'&TCS iillocatcd Lin tlic puilioii ol. Ilic ¢1S.%LI s uic. OIliLr %ui)poi'l ¢o%l% ai'L ullocttlcd bkiscd on Ihc 4pi'¢ad of s1(iff co%ls. Chuyilahle aL'tiiyitie.Y Chdrilablc cxpciiditurc compri.%c% Iho4c co%t% inciirrcd by Ihc chiirily in the dcliN'cry of iti aclivilic% nd 4crvicc% for its bcncficiuric%. It iii¢ludc% boili c051% that cuii bc alloL'<ilLd (lir¢¢ily lo 4u¢l) ciclivitic% aiid 11I0sL co%1% ol. (In iiidireLI nalurc nccc%%ary t() guppi)rl Ihcm. Support costs Support ¢o%t% includL cciilrdl funLtioii.% and Ii(Ivc bccn alloculcd lo activity cost Cdlcgyoric.% 011 £1 bd%l% COlltsi%tciit willi tlic u%¢ of r¢%ourcc%, for cxan)plc, allocatiiis pi'opci'ly costs by flooi. drLa.%, or pei. capita, 4tiiff co.4t% by thc tiiiio %pciit lid othcr co.%ls by tlicir u%dgTC. Govcrnancc costs Thcsc ii)clude the costs kitlributablc to thc clidrity's coinplianci witli coi)slilulional (Ind %ldtutory rcquirciiicnts, includiiigF dudit, strategic maiiagicincnl and tru%tc¢.4 mectingy% aiid rLirnbur%cd cxpci)SC%. Pdgye 7
Rainbow Pre-sehool Notes to the Financial Statements for the Year Ended 31 August 2024 {continued) Talation The chai'ily is con%idcrcd lo pass the tesl% %ct out iii Paragyraph I Scliedule fi of Ihc P inancc Act 201 O and Ihcrcforc it IneLt.4 th¢ dLfinilioii of a cliai'ilable conipdliy for UK ¢orpui'dtioii t(iX PUiVC).%c.4. A¢Loi'diiigJly, tIIL ¢li¢irily 1.% pol¢iili<illy cxcinpt froin idxatioi) iii rLtspeet of inioiiic or capil(11 &7<li1i4 rcccivcd wiihiii c(Ilc&ioi'ic% covcrcd by Cliiiplci. 3 Pait I I Df thc Corporation Tax Act 2010 oi. Scclion 256 of the Taxation of Charg7Ct)blc Gaiiis Act S C)92, 10 Ihc cxlcnt tlial such inLoinc oi. gyain% are applicd ¢xclusivcly to cli(Ii'iliiblc piiipo4c%. Cash and cash equlvalents Cd%h aiid Cd%li equiv<ilLni4 ¢onipri%c Cci%h oli hand <iiid C<ill dcposils, and otlicr .41iort-tci-In liig,hly liquid invc%lincnts Ihal arc rcadily convcrliblc lo a kiiown amolinl of cash und are %ubjcct lo an insigynificunt risk of chang7c in valuc. 'rrade creditors Tradc crcditor% (Ire obligiations to pay for gvuod% or s¢rviccs that liavc bLcn acquii'cd in rl)¢ oi'dinary cour%¢ of bu5iiicss fi'oiii supplicrs. Fund structurc Unrcstriclcd iiicomc fund% arc g7cncral fun(l.% that urc uvailablc for u%c al Ihc ti'u%lcc% diicrction in tui'ilici'ancc of Ihc objcctiVC¥& of Ihc charity. Pcnslons gnd other post rctlrcmcnt obllgations Tli¥ cl)(Irity opcrdtL.% a dcfinud Coniribiilion PLn4ioii 8chciiic wliicli i.s li pcii4ioii plaii iindcr wliicli fixcd coiilribLIti01is arc Pdicl iiilo u pcn%ioii fuiid 2iiid IliL cliai'ily li&l.% 110 lcbyal oi. c()1141i'iiLliv¢ obl ig&ilioii to Pciy fuilhLI' LoiilribiillOI).4 ¢vcn if Ihc fuiid doc% not liold %uificicnt a%%cis to P¢ly all cmployccs Ihc bciicfils I'cl¢ltiiig' lo ciiiploycc scfvicL 111 IIIC current Lllid prior pci'iods. Contribution5 10 dcfincd contribution pluns arc I'ccognis¥d iii Ihc SialLincnt of bii)ancial Activilic% whcn Ihcy arc duc. If contribution payincnts cxcccd tli¢ contribulioi) duc for %crvicc, Ilic cx¢c%8 is rccog7ni5cd a% a prcp<iyiiicni. 2 Incom¢ from eharltablc actlvltlcs Unrestriclcd Total 2024 Total 2023 CJLllLr#l Cjraiits. Parcnl% fcc.8, Childcdrc voucli¢r4 aiid F uiidiii 158,94? 158,942 157,249 Pagc 8
Rainboiv Pre-school Notes to the Financial Statements for the Year Ended 31 August 2024 (continued) 3 Expenditure on charAtabl¢ activlties Unrestricted funds General Total 2024 Total 2023 Allocatcd support co%t CFOVLI'naii¢¢ 39.717 166,3fi0 39,754 143,3è4fi 166,3fi0 206,077 20(),077 183.140 Unrcstriclcd funds General Total fund5 Note Allocatcd %upport costs Govcrnuiice costs 39,717 1 ()6.3()0 3C),717 166.360 Total for 2024 206,U77 206,077 Total for 2023 183,140 1113,140 Total expenditure 4 Analysis of governance and support costs Governance costs Unrc5trictcd funds General I'otal funds Staff costs Wagyc% and salaric5 Social security costs Pcii%ion costs Audit fe¢ Oilicr tccs paid lo auditors l (10,(>3 1,466 2,456 160,638 1,46C) 2.456 1.800 1.800 Total for 2024 l (1(),360 166,-360 Total for 202.1 143,38() 143.38() PagFC 9
Rainbow Pre-school Notes to the Financial Statements for the Year Ended 31 August 2024 (continued) 5 Staff costs The a&gre&Jate payi'oll ¢o%ts wci'c a% follow.%'. 2024 2023 Staff costs during the yoar were: WagTCS and 4<ilciric Social %ccurily costs Pciision costs 160.638 1,466 2.456 1.39.660 1.782 1 ()4.560 141,442 No ¥mployec reccived emolumcnls of Inorc tli¢lli £60,000 duriiigT the ycur 6 'faxatlon Tlic cliarity 18 a rcgyistcrcd cliurily aiid i& Il)ercforc cx¢ii)pi froin iaxalion. 7 Debtors 2024 2023 Pi'cpaymcnl.4 Oilicr dcbior i.t137 910 630 2,747 ()30 8 C*sh and cash tqulvalents 2024 2023 Ca.%li oli liaiid Cash at bank 252 82,232 122 1.31,614 82,44 131,736 9 Creditors: &mounts fAllinE due within onc ycar 2024 2U23 AcLrual 660 6()0 Pagic l O
Rainbow Pre-school Notes to the Financial Statements for the Year Ended 31 August 2024 (continued) 10 Pension and other schemes Defined contribution pension scheme The cl)arity OPLratcs a dcfiiicd Loiitribution pcii%ioii 4LliciiiL. Tlic pcn4ioii co41 cli¢ll'gFL for Ili¢ yedr rcprL%¢iit cuntribulions payablc by Ilic clitii'ily to tlic schcmc ktnd aiiiouiilcd to £2,456 (2023 £1,782). I l Funds Balance at I September 2023 Incoming rcsour¢os Re50uree5 cxpcnded B#lance at 31 August 2024 Unrestrictcd funds Gcncral 131.70() 158,942 (206.0771 84.571 Balance at I September 2U22 Incomln% reyources Resources expcndLd Balance at 31 AuRust 2023 Unrestricted (Tcncral (157,597) (157,24()) 1113,140 {1.31,70(1} Pagc 11
Rainboiv Pre-school Statement of Financial Activities by fund for the Year Ended 31 August 2024 Tot&1 Total Unrestricted Unrcstrictcd 2U24 2023 Income and EndoivJneuts from: Cliarituble activities 158,942 157,249 'rotal ii)Lome 158.942 157.249 Expenditure on: Cliaritable activities (206.077} (183,1401 Total expcnditurc 1206,077) (183,140} Nct cxpcnditui'e (47,135) {25,1191) Nct inoveincnt in fund8 147.135) {25.1691 } Roconclllation of funds Total fund% brought forward 131,706 157,597 Total fuiids carried forwiird 84.571 131.706 Thi5 P(tgyc doc5 not form part of Ilic stdlutory finaiicial 5talcmcnts. Pag7L 12
Rainboiv Pre-school Detailed Statement of Financial Activities for the Year Ended 31 August 2024 Total 2024 Total 2023 Income and Endoivmcnts from: Cli(Iritablc aLtivilie% {aiidlysLd bcluw) Tol(Il incomc 158.942 157,249 158.942 157.249 Expenditure on: Cliai'ilablc ¢lCtivitiL5 (andly%cd bclow) (206.0771 {183.140} Total cxpenditurc 1206,077) (183,1401 Nct expenditure {47,135) (25.891) Nct movcmcnt in funds (47,135} (25,891) R¢conciliAlion of fund5 Toldl fund% brou&,lii forward 131,706 157.597 Total funds carricd foiTrvui'd 84.571 131.70() This pagvc doc% not furim p(1rt 1)f thc %t(Iliiloiy fin(Incial 5talcincnls. PagTC 13
Rainbow Pre-school Detailed Statement of Financial Activities for the Year Ended 31 August 2024 (continued) Tot41 2U24 Total 2023 Churilable aclivities (iOVCI'lllllCllt b'rcc Cliildcarc Funding Parcnt.4 fccs undrai%iiig7 cvcnts 142,952 14.779 138,457 17,668 1.124 158,942 157.24() Cliarilable uLlivilie. Intci'c%l oli cdsli dcpo%it Consuinublcs Sial'f ti'uiiiing, Lquipinenl rcpairs and r¢newals Advcrtisin Elank cliargpe8 Tclcphonc R¢nl In%ui'<lllCC Pi'iiitiiig,. po%tug7c aiid stationcry Sundry CXPL'II%CS and %alai'ic Staff N IC l Lmploycr5} Statf pcn5ioiis { Dcfincd contribution} - p¢n%ion schcmc I Accountancy fces 4,032 (5.5381 {4,4 101 13.86C)I {1,150} {63) {5861 {2(),5()81 11 1421 1241 {3()9) 1160.638) 11,4(161 12,4561 (1.8001 {2.613) {3.531) 15.721) (631 (7541 (25.078} {172} (l.X221 (139,66U) {1,71121 11 ()441 {20(),077} 1183,1401 Tlii% pagJc doc% not forni P<Qrt of Ilic 4latutoi'y fiiianci411 %lcltcniciits. PagFC 14