## **TOTS PRE-SCHOOL**
## **REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 5 APRIL 2021**
## **TOTS PRE-SCHOOL**
## **CONTENTS**
||**Page**|
|---|---|
|Legal and administrative information|1|
|Trustees Annual Report|2 - 3|
|Independent Examiner's Report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 - 8|
## **TOTS PRE-SCHOOL**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Legal Status**
The organisation is a Registered Charity governed by the model rules issued by the Pre-School Learning Alliance.
**Trustees** Sammie Riley Claire Dart Dawn Petty Lisa Watling Angela Hurley **Charity Registration Number** 1063187 **Principal Address** C/O Bewbush First School Crawley West Sussex RH11 8XW **Independent Examiners** Richard Place Cust & Co Hereford House Massetts Road Horley Surrey RH6 7PR
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## **TOTS PRE-SCHOOL**
## **TRUSTEES ANNUAL REPORT** _**FOR THE YEAR ENDED 5 APRIL 2021**_
The trustees present their annual report, together with the financial statements of the charity for the year ended 5 April 2021 and confirm that they comply with the requirements of the Charities Act 2011 and the Charities SORP.
The legal and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements and the Statement of Recommended Practice - Accounting and Reporting by Charities.
## **Organisation**
The committee members of this charity are its trustees for the purpose of charity law and are referred to as trustees throughout this report.
The committee members are elected each year at the AGM and serve untill the AGM of the following year. The committee meet regularly for the purpose of dealing with the charities affairs and to receive reports from its officers.
## **Objects of the charity**
The charity's aim is to enhance the development and education of children under statutory school age. The object is achieved by the maintenance and management of a pre-school facility in the Bewbush area of Crawley West Sussex. There have been no changes on the objects in the past year.
## **Review of activities and future developments**
The financial statements show that the resources expended exceeded the incoming resources by the sum of (£15,061) (2020 - (£7,088)) in the year ended 5 April 2021. The incoming resources reduced in the year as a result of the covid epedemic..
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## **TOTS PRE-SCHOOL**
## **TRUSTEES ANNUAL REPORT** _**FOR THE YEAR ENDED 5 APRIL 2021**_
## **Trustees responsibility for the financial statements**
Charity law requires the trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period, together with its assets and liabilities at the end of that period and adequately distinguish between any material special trusts or other restricted funds. In preparing those financial statements, the trustees are required to:
* select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
* state whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities, the Accounting Regulations and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;
* prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate.
The trustees are responsible for the keeping of proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Statement of Recommended Practice and regulations made under the Charities Act 1993. 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 irregularities.
By order of the committee on 19 November 2021
Lisa Watling **Treasurer**
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## **TOTS PRE-SCHOOL**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TOTS PRE-SCHOOL**
We report on the accounts of the trust for the year ended 5 April 2021 which are set out on pages 5 to 8.
## **Respective responsibilities of the trustees and examiner**
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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
(a) examine the accounts under section 145 of the 2011 Act;
(b) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
(c) to state whether particular matters have come to my attention.
## **Basis of examiners statement**
My examination was carried out in accordance with the 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 you as 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.
## **Independent examiners statement**
In connection with our examination, no matter has come to our attention:
(1) which gives us reasonable cause to believe that in any material respect the requirements
(a) to keep accounting records in accordance with section 130 of the 2011 Act; and
(b) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Richard Place Cust & Co**
22 November 2021
Chartered Certified Accountants
**Independent examiner**
Hereford House Massetts Road Horley Surrey RH6 7PR
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## **TOTS PRE-SCHOOL**
## **STATEMENT OF FINANCIAL ACTIVITIES** _**FOR THE YEAR ENDED 5 APRIL 2021**_
|**Notes**
**INCOMING RESOURCES**
**1**
**Operating income of school**
Fees receivable and other income
COVID SSP
**TOTAL INCOMING RESOURCES**
**CHARITABLE EXPENDITURE**
Operating costs of school
**2**
Administrative expenses
**3**
**TOTAL RESOURCES EXPENDED**
**NET INCOMING RESOURCES**
**TOTAL FUNDS BROUGHT FORWARD**
**AT 6 APRIL 2020**
**TOTAL FUNDS CARRIED FORWARD**
**AT 5 APRIL 2021**||188,297
1,876
(201,120)
(4,114)|**2021**
**£**
190,173
190,173
(205,234)
(15,061)
64,500
£49,439||203,628
-
(205,702)
(5,014)|**2020**
**£**
203,628|
|---|---|---|---|---|---|---|
||||||||
|||||||203,628
(210,716)|
|||||||(7,088)
71,588|
|||||||£64,500|
1. All of the operations undertaken by the charity during the current and preceding periods are continuing operations.
2. The charity has no recognised gains (or losses) for the period other than the profit (loss) for the period.
3. The funds dealt with above are unrestricted. The charity has no restricted or designated funds.
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## **TOTS PRE-SCHOOL**
## **BALANCE SHEET** _**AS AT 5 APRIL 2021**_
|**Notes**
**Fixed assets**
Tangible assets
**4**
**Current assets**
Debtors
**5**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**6**
**Net current assets**
**Total assets less current liabilities**
**Capital accounts**
Unrestricted funds|**2021**
**£**
**£**
10,958
2,445
38,034
40,479
(1,998)
38,481
49,439
49,439
£49,439|**2020**
**£**
**£**
13,909
2,856
50,229
53,085
(2,494)
50,591
64,500
64,500
£64,500|**2020**
**£**
**£**
13,909
2,856
50,229
53,085
(2,494)
50,591
64,500
64,500
£64,500|
|---|---|---|---|
||||64,500|
||||64,500|
||||£64,500|
The financial statements were approved by the Trustees on 19 November 2021
Sammie Riley
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## **TOTS PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 5 APRIL 2021**_
## **1 Accounting policies**
## **1.1 Accounting convention**
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP 2005) and applicable accounting standards.
## **1.2 Incoming Resources Operating income from school**
Income from operating the school is included in incoming resources in the period to which it relates.
## **1.3 Resources Expended**
Resources expended are included in the Financial Activities Statement on an accruals basis, inclusive of VAT which cannot be recovered.
## **1.4 Tangible fixed assets and depreciation**
Tangible fixed 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:
Land and buildings Leasehold Evenly over the term of the lease - Straight line Fixtures, fittings & equipment 25% per annum - Reducing balance
## **2 Operating Costs of School**
|**Operating Costs of School**
Wages and salaries
Rent and rates
Toys, books and equipmment
Insurance
Canteen
Repairs and maintenance
Cleaning
Printing, postage and stationery
Advertising
Computer
Telephone
Outings
Hire of equipment
Training
Uniforms
Sundry expenses
Subscriptions
Amortisation on property improvements
Depreciation on equipment|**2021**
**£**
172012
6796
6816
1714
277
496
1747
12
858
282
812
350
2690
1614
0
1574
118
2102
850
201,120|**2020**
**£**
161881
7679
5638
1703
1353
12803
836
105
780
490
871
1766
2537
1292
575
1514
118
2627
1134|
|---|---|---|
|||205,702|
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## **TOTS PRE-SCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 5 APRIL 2021**_
|**3**
**Administrative expenses**
Legal and professional fees
Accountancy
Bank charges
**4**
**Tangible fixed assets**
**Cost**
At 6 April 2020 & at 5 April 2021
**Depreciation**
At 6 April 2020
Charge for the year
At 5 April 2021
**Net book value**
At 5 April 2021
At 5 April 2020
**5**
**Debtors**
Other debtors
**6**
**Creditors: amounts falling due within one year**
Taxation and social security
Other creditors|**2021**
**£**
2016
2017
81
4,114
**Land and**
**buildings**
**Plant and**
**machinery etc**
**£**
**£**
23,000
10,415
12,491
7,014
2,102
850
14,593
7,864
8,407
2,551
10,509
3,400
**2021**
**£**
2,445
**2021**
**£**
918
1,080
1,998||**2020**
**£**
1898
3052
64|
|---|---|---|---|
||||5,014|
||||**Total**
**£**
33,415|
||||19,505
2,952|
||||22,457|
||||10,958|
||||13,909|
||||**2020**
**£**
2,856|
||||**2020**
**£**
1,414
1,080|
||||2,494|
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