REGISTERED CHARITY NUMBER: 1063353
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
FOR
BURGOYNE HEIGHTS PRE-SCHOOL
Higson & Co (Deal) Ltd 45 Queen Street Deal Kent CT14 6EY
BURGOYNE HEIGHTS PRE-SCHOOL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 11 |
| Detailed Statement of Financial Activities | 12 | to | 13 |
BURGOYNE HEIGHTS PRE-SCHOOL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2022
The trustees present their report with the financial statements of the charity for the year ended 30 June 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Public benefit
The trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Public/Community benefits are that the play group supports local and military families, who's parent/s serve in the UK and abroad, and the rural villages surrounding the town of Dover. The play group supports volunteers wishing to gain work experience and also helps others to gain NVQ qualifications, who seek a career in early years education.
FINANCIAL REVIEW
Financial position
The statement of financial activities reports net incoming resources during the 2021/22 accounting year of -£8,542 and total funds of £70,964 at the year end. The Trustees have decided that it is unnecessary for the scheme to hold reserves and that all funds held should be used in the pursuance of the charity's objectives.
Going concern
The accounts have been prepared on a going concern basis as no material uncertainties exist as to it's ability to be considered as such.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The governing document is the Pre-School Learning Alliance Constitution 2011 providing early years education for children under statutory school age. As an early years educator the pre-school is in receipt of early years funding from our local authority. This provides families 15 to 30 funded hours per week commencing from the term after the child turns 3 years old. Families with 2 year olds who fit the criteria can also apply for up to 15 hours a week. The aim of the pre-school is to provide quality care and education to ALL young children, and to be inclusive of cultures and beliefs facilitated by trained early years educators who follow the guidance EYFs curriculum. The pre-school has a strong sustainable ethos and follows the stipulated laws of redundancy and pensions.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1063353
Principal address
Community Centre, Alamein Close Burgoyne Heights Guston Dover Kent CT15 5LY
Trustees
Independent Examiner
Higson & Co (Deal) Ltd 45 Queen Street Deal Kent CT14 6EY
Page 1
BURGOYNE HEIGHTS PRE-SCHOOL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2022
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BURGOYNE HEIGHTS PRE-SCHOOL
Independent examiner's report to the trustees of Burgoyne Heights Pre-School
I report to the charity trustees on my examination of the accounts of Burgoyne Heights Pre-School (the Trust) for the year ended 30 June 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Higson & Co (Deal) Ltd did not examine the accounts for the year ended 30 June 2021 but as part of the examination for the year ended 30 June 2022 have reviewed all opening balances.
Mr D J Mapley FCCA
Higson & Co (Deal) Ltd 45 Queen Street Deal Kent CT14 6EY
Date: .............................................
Page 3
BURGOYNE HEIGHTS PRE-SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 8,166 Charitable activities Preschool 71,368 Other trading activities 2 230 Investment income 3 3 Total 79,767 EXPENDITURE ON Charitable activities Preschool 87,020 Other 1,289 Total 88,309 NET INCOME/(EXPENDITURE) (8,542) RECONCILIATION OF FUNDS Total funds brought forward 77,901 TOTAL FUNDS CARRIED FORWARD 69,359 |
Restricted Fund £ - - - - - - 284 284 (284) 1,889 1,605 |
2022 Total funds £ 8,166 71,368 230 3 79,767 87,020 1,573 88,593 (8,826) 79,790 70,964 |
2021 Total funds £ 17,262 93,971 147 5 111,385 117,200 1,707 118,907 (7,522) 87,312 79,790 |
|---|---|---|---|
The notes form part of these financial statements
Page 4
BURGOYNE HEIGHTS PRE-SCHOOL
BALANCE SHEET 30 JUNE 2022
| Unrestricted Restricted fund Fund Notes £ £ FIXED ASSETS Tangible assets 6 7,307 1,605 CURRENT ASSETS Debtors 7 366 - Cash at bank and in hand 69,440 - 69,806 - CREDITORS Amounts falling due within one year 8 (7,754) - NET CURRENT ASSETS 62,052 - TOTAL ASSETS LESS CURRENT LIABILITIES 69,359 1,605 NET ASSETS 69,359 1,605 FUNDS 9 Unrestricted funds Restricted funds: Restricted Fund TOTAL FUNDS |
2022 Total funds £ 8,912 366 69,440 69,806 (7,754) 62,052 70,964 70,964 69,359 1,605 70,964 |
2021 Total funds £ 9,654 159 81,638 81,797 (11,661) 70,136 79,790 79,790 77,901 1,889 79,790 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 5
BURGOYNE HEIGHTS PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension
scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 6
BURGOYNE HEIGHTS PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Fundraising events | 230 | 85 |
| Photographs | - | 62 |
| 230 | 147 | |
| INVESTMENT INCOME | ||
| 2022 | 2021 | |
| £ | £ | |
| Deposit account interest | 3 | 5 |
3. INVESTMENT INCOME
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 17,262 Charitable activities Preschool 93,971 Other trading activities 147 Investment income 5 Total 111,385 EXPENDITURE ON Charitable activities Preschool 117,200 Other 1,372 Total 118,572 NET INCOME/(EXPENDITURE) (7,187) RECONCILIATION OF FUNDS Total funds brought forward 85,088 TOTAL FUNDS CARRIED FORWARD 77,901 |
Restricted Fund £ - - - - - - 335 335 (335) 2,224 1,889 |
Total funds £ 17,262 93,971 147 5 111,385 117,200 1,707 118,907 (7,522) 87,312 79,790 |
|---|---|---|
continued...
Page 7
BURGOYNE HEIGHTS PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
6. TANGIBLE FIXED ASSETS
| 6. | TANGIBLE FIXED ASSETS | |||||
|---|---|---|---|---|---|---|
| Plant and | ||||||
| machinery | ||||||
| £ | ||||||
| COST | ||||||
| At 1 July 2021 | 42,470 | |||||
| Additions | 831 | |||||
| At 30 June 2022 | 43,301 | |||||
| DEPRECIATION | ||||||
| At 1 July 2021 | 32,816 | |||||
| Charge for year | 1,573 | |||||
| At 30 June 2022 | 34,389 | |||||
| NET BOOK VALUE | ||||||
| At 30 June 2022 | 8,912 | |||||
| At 30 June 2021 | 9,654 | |||||
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2022 | 2021 | |||||
| £ | £ | |||||
| Trade debtors | 278 | 159 | ||||
| Prepayments and accrued income | 88 | - | ||||
| 366 | 159 | |||||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2022 | 2021 | |||||
| £ | £ | |||||
| Trade creditors | - | 11,661 | ||||
| Other creditors | 7,754 | - | ||||
| 7,754 | 11,661 | |||||
| 9. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At | 1.7.21 | in funds | 30.6.22 | |||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 77,901 | (8,542) | 69,359 | |||
| Restricted funds | ||||||
| Restricted Fund | 1,889 | (284) | 1,605 | |||
| TOTAL FUNDS | 79,790 | (8,826) | 70,964 |
continued...
Page 8
BURGOYNE HEIGHTS PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
9. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 79,767 Restricted funds Restricted Fund - TOTAL FUNDS 79,767 Comparatives for movement in funds At 1.7.20 £ Unrestricted funds General fund 85,088 Restricted funds Restricted Fund 2,224 TOTAL FUNDS 87,312 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 111,385 Restricted funds Restricted Fund - TOTAL FUNDS 111,385 |
Resources Movement expended in funds £ £ (88,309) (8,542) (284) (284) (88,593) (8,826) Net movement At in funds 30.6.21 £ £ (7,187) 77,901 (335) 1,889 (7,522) 79,790 Resources Movement expended in funds £ £ (118,572) (7,187) (335) (335) (118,907) (7,522) |
|---|---|
continued...
Page 9
BURGOYNE HEIGHTS PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.7.20 | in funds | 30.6.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 85,088 | (15,729) | 69,359 |
| Restricted funds | |||
| Restricted Fund | 2,224 | (619) | 1,605 |
| TOTAL FUNDS | 87,312 | (16,348) | 70,964 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 191,152 | (206,881) | (15,729) |
| Restricted funds | |||
| Restricted Fund | - | (619) | (619) |
| TOTAL FUNDS | 191,152 | (207,500) | (16,348) |
Restricted Funds are represented by the net book value of fixed assets purchased by individual grant funders in previous years as follows:
Kent Community Foundation Fund - £519 (2021 - £611) Jack Hewitt Fund - £37 (2021 - £43) Royal Ghurka Regiment Fund - £555 (2021 - £653) Kent County Council Fund - No1 - £286 (2021 - £337) Dover District Council Fund - £51 (2021 - £60) Kent County Council Fund - No4 - £157 (2021 - £185)
Total - £1,605 (2021 - £1,889)
In addition, income from KCC regarding child funding has been reallocated from restricted funds (as previously allocated in 2021 )as this is in regard of free child place funding and is therefore part of the normal charitable activity.
continued...
Page 10
BURGOYNE HEIGHTS PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2022.
11. ACCRUED EXPENSES
Within the Accrued Expenses for the year is £7,738.25 of rent. This is due to the DIO reviewing the rent level due to the impact of COVID 19 on the Charity. The pre-school as made an accrual for this amount, and has transferred the regular rent payable figure to it's savings account.
Page 11
BURGOYNE HEIGHTS PRE-SCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022 |
||
|---|---|---|
| INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Grants Other trading activities Fundraising events Photographs Investment income Deposit account interest Charitable activities Child income Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Other operating leases Insurance Telephone Postage and stationery Advertising Sundry Preschool purchases Trips Repairs & renewals Software licences Staff training Sports coaching Other Plant and machinery Support costs Finance Bank charges |
2022 £ 1 - 8,165 8,166 230 - 230 3 71,368 79,767 72,539 448 860 4,583 1,050 972 91 545 394 1,696 277 269 1,120 578 630 86,052 1,573 104 |
2021 £ - 7,029 10,233 |
| 17,262 85 62 |
||
| 147 5 93,971 |
||
| 111,385 87,292 - - 4,983 1,029 1,467 1,568 - 427 3,294 - 14,600 - 1,000 - |
||
| 115,660 1,707 92 |
This page does not form part of the statutory financial statements
Page 12
BURGOYNE HEIGHTS PRE-SCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022
| Finance Governance costs Accountancy and legal fees Total resources expended Net expenditure |
2022 £ 864 88,593 (8,826) |
2021 £ 1,448 118,907 (7,522) |
|---|---|---|
This page does not form part of the statutory financial statements
Page 13