Registration Number." O?919558 Registered Chartty No: 1055656 Trnstees Re ort an ial StatemenL8 for the Year Ende BToadlands Pre- chi)ol Centre
Broadlands Pre-school Centre Contthits OF the Financial Stat¢rnents for the Year Ended 31 Jul 2024 Page Legal and Administrativ¢ Inforniation Trusiees Report Independeni Examiner's Report io the Trustees Statement of Financial Activities Balance Sh¢¢t Notes io the Financial Siatemenrs 7-11
adlands P-SChool Cextre al and Administrative Inf for the Year Ended Jul 2(yY4 ation STATUS Broadlands Pre-school Centre É5 a registeTed charity (Registrarion No. IOi5656). It is also a registered company, limittd by .truardntee without share capital under the Companies Act (Registered No-. 02919558) The company was established Under a Memordndum of Associatioll, which established the objects and powers of the charitable company and i8 ooverned under its Articles ofAssociation. Under those articles. the members of the Management Committee are elected at the AGM for an unspecified perio¢ subject to ratification at each. TRUSTEES: Maloorzata O'Gonnan (Chair from ?? Seprember 2024} James Brigbt (joined 2) January ?0?4, joint tre&8urer Stepped down 14 January 202)) Rose Bright (joined 2? April 2024) Katharine Dohety (tre&sur¢r) (joined 10 July 20?4) Charlotte Elliot (left 10 July ?024) Yuliya Finnino Rui£ {Trea5urer) {left 10 July 2024) Imogen Gravenell tioined 8 January 20?4) Helen Hobson lioined 8 January 2024) Clare Hope (Chair from Ocrober ?023, stepped down 2?.09.?4) Victoria Ncwman John Quentin (Secretary) (left 12 January 2024) Louisa Seal Ooined 16 January 2024) Emma Siagg (left 10 July 20?4) Tom Stagg (Finance) (left 10 July 2024) Jill Louise WainMTight (Chair to October 2023) (left 5 November 2023) REGISTERED NUTriBER: 02919558 REGISTERED CHARITY NO: 1055656 SECRETARY: John Quentin- left 12 January 2024 Victoria Newman - appointed 12 January 2024 BEGISTERED OFFICE: Burrows Field Moorend Grove Leckhampton Cheltetth¥m Gloucestershire GL53 OEY MANAGER K L Pritchard INDEPENDENT EXAMINEIL. Andrew R Cook Chartered Accountant Northfield House Bentham Glou¢ester5bire GL514UA BANKERS: CAF Bank Ltd
Broadlands Pre-Sch<)ol Centre 25 Kings Hill Avenue Kings Hill W¢st Malling Kent ME19 4JQ HSBC UK The Cro Glouc¢ster GLI 2AP Trustees R ort for the Year Ended 31 Jul 2024 Th¢ trustees present iheir annual report ivith the financial statements of the company for the year ended 31 July 2024 OBJECTIVES AND ACTIVITIES The objective of the company under review is to advance the education of children below ihe compulsory School age by the provision of a play centre for such children. The Board of Trustees confllTh that the), have ¢oinplied with their duty in Scclion 4 of the Chariiies Act 2006 lo have due regard io public benefii guidance by the Charity Commission for England & Wales. ACHIEVEMENTS AND PERFOiiMANCE Broadlands began the academic year in a oood posil&on in temis of occupancs. Tuesdays, Thursda)Is. and Fridays were alniost full, with a good balance of Preschool and Rising J's. The Monday and Wednesda), sessions were slightly quieter. but numbers were siill healihy. The 2023124 year ended with the setting 1] on all days besides a Monday and Wednesday (where only a couple of spaces were available). Bi'oad12nds is popular with the local community and continues to receive a lot of interest frorn local families for places. The setting hosted Successful Christmas fair and parents, social which has helped to bring the community together. We have continued the successful PE sessions / multi-skills tIvIty session which is very popular among children and is held three times a fortnight. Statring hL8 been the main area of challenge due to the pre-school tnanaoer neLty]ing to slep back for family commitments. Recruitmenr of slaff and a replacem¢nt manager wa5 the main area of focus for rhe comtnitlee during 2023124 with successfibl rerruilment of Th'o part lime play workers. From July. the pre-school InanageT was able to return whicb was great news for the setting and we move into 2024125 in a much stronger position. RESERVES AND FtNANCIAL REVIEW Financial performanc¢ of Broadlapds in 2023n4 was strong with a net profit of £22:484. Staff costs were the largest outlay at £90,224 for the year but were redtsced due to the absence of a manager for a number of months. During the veay we've made improvements to the settinu by iRstallin¥ a play bus in the garden P&nd upgrading the surface of the outdooT play area around it. We haye also re-laid the garden path and installed a sun sail to allow the children to plav outsid¢ with more shade available. This has been slightly less success] than hoped for, so will be upgraded in 2024n5. Sthff salaries were raised by 50/0 from ISI April 2024 to reflect the continued commiiment to rewarding our valued siaff.
Broadlan Pre-school Centre TRUSTEES Con]pany and Charity law requires the trustees to prepare fmancial statements for each financial year. which Crive a true and fatr view of the stste of affair5 of the charity and of the surplus or deficit of1he Chty for that period. In PTeparing those financial statements: the tyLee$ are requkred to: select suitsble accountin¢Y policies and then apply them eoDSiStentty" ake judgetnents and estimates that are reasonable and prudenL state whether applicable accounting standards and ststrments of recommended practice have been followed subject to any departures disclosed and explained in th¢ finan¢Tal statements: and prepare the financial sfatements on the going concern basis unless it is inappropriate io presume that the company will Conrinue in busities& Trusfres Re ort for ihe Year Ended 31 Jul 2024 The Intee$ have overall responsibiltty for ensuring the Clwity bas appropriate systerns of controls. fmancial and otherwise. They are also responsible for keepincr proper accounting recoTds which disclose with reOnable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act ?01 l. They are also responsible for safegLEarding the assets of the charity and hence fortakÈng reasonable lleps for the prevention and detection of fraud and other iTregularities. TNDEPENDENT EXAMtNER The trnfftes recommend An¢Jrew R COOL Chartered AccountanL remains in office to cany out an independent review of the accounting records and provide an independent opinion. This reportwas approved by theTrustee50n........ . .. ..... . .... and signed on their behalf by G 6.vi Malgorzata O'Gonnan- Chair of the Board of Tnstees Date: .
Inde endent ExaEnin¢r's Re rt to the tnjstees of Broadlands Pre-school Centre For th¢ ear ¢nded J l 2024 I report to the charity truslees on my examination of the unaudited accounts of the cotnpany for the vear ended 31 luly 2024 which are set oul on pages i to I l. Responsibilities and basis of rq)ort A5 the charitl s trustees of the Company (who are also the directors of the companj. for the pury)ose5 of company law), you are responsible for the prepardtion of the accounis in accordance with the requirements of the Companies Act 2006 ("the ?006 Act"). HaviTEg 5atisfted myself that the accounts of the Company are not required to be audited for this year und¢T Part L6 of the 2006 Act and are eligible for independent examinaiion. I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ?0 I l ('tth¢ 201 l Act"). In ¢arying out my examination, I have lollowed the Directions given by the chty Commission (undel section 145(5)(b) of the 201 l Aa. Independent Examiners Statement I have compleled my examination. I confirn) that no material marters have come to rny attention which gives me ¢ause to believe ihat.. accounting records were not kept in accordance with section 386 of the Companies Act 2006,. or th¢ accounts do not accord with such records. or the a¢¢ounts do not Comply with relevant accounling requirements under Section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair. vtew which 15 not a matter considered as part of an independent examination: or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Prdclice for accounring and reporting by charities [applicable to charities preparing their occounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. R have no ¢oncems and have come acros5 no other matters in connection with the exajnination to which attention should be drawn in this report in order to enable a proper understanding of the account5 to be reached. Signed Andrew R Cook ACA Chartered Accountants ShuTdington Road Bentham Gloucestershire GL514UA Date: 101
BroadlaDds Pre- ool Centre Statemen of FÉnan¢ial Activitie For the Year End i l Jul ?0?4 Income and e nditure Unrestricted Funds )1.0724 Unrestricted Funds 31.07.2) Note5 Income from." Charitsble activities 131.1?9 111.415 Other trading activities i 1.507 ),854 Investhients 4 1,184 558 Total 133.820 115.827 Expendittwe on: Raising fLtnds 211 170 Charitable acgivities 111.125 I 13,447 Totsl 111,3)6 E13,6l7 Net inwme and net movement in funds 22,484 2,210 Reconciliation of fids. Total ll8 brought forward 100,674 98,464 Total funds caried forward 123,158 100,674
Continuino operations None of the company's activitie5 was discontinued during the above two fmancial y.ears. The statement of financial activities itkcludes all gains and losse5 recognised in the year. The notes on pages 7 to I I fomj pan of these accounts. The notes forni part of th¢se financial statements Broadlands Pre-school Centre Balance Sh¢¢r Ai 31 Jul I Noies Unrestricted Funds 31.07.24 Unrestricled Funds 31.07.23 FIXED ASSETS Tangible assets 22.085 9,646 CURRENT ASSETS Debtors 10 2,777 526 Cash at bank 100,602 93,019 103.379 93,545 CREDITORS Amounts falling due within one year 2,517 Net current assets 101,073 91,028 The notes forni part of these fllw]cial staten)ents
NET ASSETS 123,158 100.674 FUNDS Unrestricted incom¢ fill)ds l2).158 100,674 For the year ending 31 July ?0?4 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 r¢lating to small compallies. The members have not required the company to obtain an audit of its accounts for the year in question in ac¢ordan¢¢ with section 476 of the Companies Act 2006. The trnstees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to i*ccounting records and the preparation of arxounts. These accounts have been prepared in accordance with the provisions applicable to small companies subject io the small companies, regime and in accordance with FRS102 SORP. ON BEHALF OF TFt£ BOARD: Katharine Doherty Approved by theBoard on.......-.... 04 ..io2) Registered in England & Wales Company no: O?9195
Broadlands Pre-school Centre Noies to the Financial Statements for ihe Year Ended 31 Jul 2024 l. Accounting polictes AccoUtIng convention The financial statements have been wepared under the hisiorical cosi convention and on a going concern basis in accord2nce with Accounting and Reporting by Charities.. Sratement of Recommended Practice applicable tt> charities preparing iheir accounts in accordance with ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (ChArities SORP (FRS 102) and Companies Act 2006. Broadlands Pre-school Centre me¢15 the defmition of a public benefit enlity under FRS IO2. The financial stat¢ments are presented in sterlin47 which is the fjjnctional CUenCY of the charty. The significant accounlixg policie5 appl?ed in the preparation of these financial stafrments aTe set out below. These policies have been ¢onsisiently applied 10 all years presented unless Olherwise stated. Income Turnover represents the amount received in respect of f¢es: donations. grants and fijnd-raising events gross of expenses during ihe year. The charity receives oovernmenl grants in respect of ¢hild¢are. Income from government and other grants are recognis¢d at fair value when th¢ charity has entiilement after any perfomance conditions have been met, il Ks probable that the income will be received. and the amouni Can be rneesured reliably. If entitlement is not met, then these amounts are deferred. Income from investtnents 15 intluded in the year in which it is receivable. Expenditure Resources expended are recognised in the year in which they are incurred. Charitable expenditure comprises those cosis incurred by the charity in the delivery of its activities. It includes both costs that can be allocated directty to such activitie5 and those costs of an indirect nature necessary lo support them. St&ff costs are in accordance with H M Revenue and Customs legislation cUentlY in force. Pension5 The pension costs chatEed in the financial siatements represent the contribution payable by the charity during the year. The regular cost of providing retirement pensions and related benefits is charged to the Statement of Financial Activities over the employee5, servic¢ lives on the basis of a constant percentage of earnings using tlie ovetnment auto enrolment scheme. Leasing Rentals payable under operating leases are charged against income on a straight- line basis over the lease tern]. Financial instruEnents The noies forni part of these fTnancial statements
Broadlands Pre-sehool Centre Notes to the Financial Statements for the Year Ended 31 Jul 2 The charity only has fmancial &ssets and fin2neitil liabilities of a kind that qualifj, as basic firCial instrument5. Basic financial instruments are initially recognized at transaction value and subsequently measured at their settlement value. Tanoible fixed assets and depreciation Tangible fJx¢d assets costing more than £500 are capitslised at cost. Depreciation is provided at the following annual rates iti order to write off each asser over its estinled useful life. Fixtures and fittings- 5 years straight linc Accounting policies (continued) Tation The company is aregistered charity and is exempt from wation in accordanrk with the provisions of section 505(1) of the Income and CoOration Te$ Aa 1988. The chaTity is not registered for VAT. Going concern The trustees have reviewed the ongoino tUre of ihe tharity and consider tlyat there are plans in place to continue the charitable ¢ompany's trustees, operaiion. There are no material uocertainties that may cast significant doubt on the charitable company's ljvstees. ability to continue as a going Concern. Provisions Provisions are recoJised when the charity has am obligation at the balance Sheet date as a result of a past eveni it is probable that an outtlow of ¢conomic benefits will be required in senlement and the amount Can be reliably estimated. 2. Charitable activities The notes fonn part of these financial statements
Broadlands Pre-school Centre Noies to the Financial Statements for ihe Year Ended 31 Jul 2024 Unrestricted Funds 31.07.24 Unrestricted Funds 31.07.23 Local government childcare grant5 Fees receivable 97,190 33.939 1)1.129 78,758 32,657 Unrestricted Funds 31.07.24 111,415 3. Other trading activitie5 Unrestricted Funds 3 l.07.23 1,507= Oiher fundraising activities 3,854 4. Illvestent income Unrestricted Funds 31.07.24 Unrestricted Funds 31.07.23 Dep051t account Èntercst 1,184 558 5. Raising funds Unrestricted Fund5 31.07.24 Unrestricted Funds 31.07.23 Costs of fundraising ?ii 170 6. Charitable activities The notes fonn part of these fmancial stwements 10
Broadlands Pre-school Centre Notes to the FinanciaI Staiements for the Year Ended 31 Jul 2024 UnTestrictedFunds Unftstricted Funds 31.07.24 31.07.23 Materials Activity costs Support costs - Note 7 1358 1.714 108.05) 5,401 1,18? 106,864 111,125 113,447 7. Support costs Unrestricted Funds 31.07.24 Unreslricted Funds 31.07.23 Staff Cosrs 902?4 85,Oi8 Rent & Rates 2,412 ?,748 insurance 1,248 1.223 Telephone 529 538 Printing. postage & stationery 115 319 Repairs & renewals 305 396 Light & heat 3,033 1,462 Subscriptions & licences 255 365 General expenses Garden expcnses Cleaning and clothing 1,709 440 1,671 2,297 4.412 748 Trailling 248 665 DrecIatiOn 3,572 IT Costs 983 533 ProfeSsi(al fees 973 867 Accountsncy 1,164 The notes fom part of these financiaJ statements li
Broadlands Pre-school Centre Notes to the Financial Statements for the Year Ended 31 Julv 2024 Bank charges 95 60 108,053 106,864 The noies forni part of these financial statevnents 12
Broadlands Pre- ool Centre Notes to Ihe Financial Statements for the Year Etdcd JI Ju 8. Employees Number of employees The avewe monthly headcount was 7.) stsff (202) - 6.7 staff), all were employed as Pre-school supervisors and staff. Employment costs 2023 Wages and salaries Pension costs 88.875 1,349 8j,9?0 1.118 90,224 85,038 No employee earned more than £60,000 in the year. (?023 - NIL) None of the trustees rtteived any remuneration in the year (?OJ? _ NIL). The charty paid £229 for trustees, indemnity tnsurance (?0?- _ £219) The trustees are considered be the key personnel of the Chlty. 6 trustees were the parents of chil¢fren allending the setting. 9. Tangible fLxed &ssets Fixtures and rirtings £ Totals COST Ai l August 2023 79,217 79217 Additions 16.011 16,011 At 31 July ?024 95228 95,2?8 DEPRECIATION At l August 2023 69,571 69,571 Charge for year j,57? 3,572 At 31 July 20?4 73.143 73.14) The notes form part of these fmancial statements
Broadlands Pre-school Centre Notes to the Financial Statements NET BOOK VALUE Ai 31 July ?024 22,085 22,085 At 31 July 2023 9.646 9.646 f r the Year Ended 31 Jul 2024 10. Debtors 31.07.24 31.07.23 Prepayments and ac¢rued iDcome 2.777 526 11. Creditors: Amounis falling duc within one year 31.07.24 31.07.23 Other creditors Accrued expenses 1094 1212 1329 1188 2306 2517 12. Obligations under operalillg leases Following a rent review, the r¢nt payable from O l December 2021 to 30 November 2031 was fixed at £5,000 per annum, discounled at 65 % for 5 Ye from 2022. At 31 July 2024 the cbarity had annual cominimients under non-cancellablc operating leases as follow5.' Land and buildings The notes forn) part of these fmancial statements 14
20?4 Operating kases which expiie: Within l year W?thin ?_ 5 years Over 5 years 1.750 1,750 7,000 ?5,750 37,750 42.500 adlands Pre-seh ol Centre Notes to tbe Financial Statements 13. Capital commÈlments There were no capital commilmeDts at 31 July 2024 (31 July 2023 - NIL). 14. Company status The company is registered under the Cornpanies Act 7006 as a company Ilmited by guarantee. The company claims exemption under Section 60 frorn using "limited" in its name under the cond[tio$ existing in Section 62. The members of the company are the trustees named on page l. Every member of tbe company undertakcs to contribute such amounl as may be required (not exceeding £L) to the Company's assets if li should be wound up while he or she is a meniber or within one year after he or she ceases to be a member. for paymeni of the company's debts and liabilities coniTacted before he or she ceases to be a member and of the costs, charges and expenses of winding up, and for the adjustment of the ri£hts of the contril)utories among themselves. 15. Going concern The trustees have idenrified no n)ateriaI uncertainties that would affect the company's ability to continue as a going concern. The rrustees are planDing for the ture to ensure the company is ready to react to a changing environmenL The not¢5 forni paff of these financial sL*ements li