**Debenham Roundabout Pre-School**
# **DEBENHAM ROUNDABOUT PRE-SCHOOL**
Charity number 1067494
## **FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 MARCH 2022
MARSH ACCOUNTANCY 67 GARDENERS ROAD DEBENHAM STOWMARKET SUFFOLK IP14 6RX
## **Debenham Roundabout Pre-School**
## **Index to the Financial Statements For the year ended 31 March 2022**
||**Page**|
|---|---|
|Trustees Annual Report|1|
|Statement of Trustees’ Responsibilities|2|
|Independent Examiner’s Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Accounts|6 - 7|
## **Debenham Roundabout Pre-School**
## **Trustees Annual Report For the year ended 31 March 2022**
The Trustees present their report for the year ended 31 March 2022. The financial statements have been prepared in accordance with the accounting policies set out on page 7 and comply with the charity’s trust deed and applicable law.
## **Activities**
The Debenham Roundabout Pre-School was registered with the Charity Commission (registration number 1067494) on 16[th] January 1998 as a charity whose purpose is to provide safe and satisfying group play for the advancement of the education of children of pre-school age.
## **Objectives and policies**
The charity’s trust deed was adopted by the Trustees on 18[th] June 1997, and later amended on 2[nd] December 1997 & 12[th] January 2009. The deed may be inspected at the Registered Office. There were no material changes in the objectives of policies of the Pre-school in the year.
Address of Charity: Sir Robert Hitcham Primary School School Corner Debenham Suffolk IP14 6PL Independent Examiner: Mrs Rachel Marsh Marsh Accountancy 67 Gardeners Road Debenham Stowmarket Suffolk IP14 6RX
## **The Pre-school’s Objectives**
The pre-school will provide safe and satisfying group play for the advancement of the education of children of pre-school age.
## **Review of developments and future prospects**
The pre-school continued to operate in line with previous years.
## **Reserves Policy**
Total funds of the pre-school as at 31 March 2022 amounted to £18,122 (2021: £42,973). These funds are devoted to the furtherance of the pre-school’s objectives. £15,000 is set aside as a re-build fund.
## **Risk**
The Trustees regularly review the risks to which the charity may be exposed and confirm that systems have been established to mitigate those risks.
## **Trustees**
The Trustees have the power to co-opt members as and when they deem it necessary.
**1**
## **Debenham Roundabout Pre-School**
## **Trustees Annual Report (continued)**
## **For the year ended 31 March 2022**
## **Statement of Trustees Responsibilities**
Law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow the best practice and:
- Select suitable accounting policies and apply them consistently;
- Make judgements and estimates that are reasonable and prudent;
- State whether applicable account standards and statements of recommended practice have been followed, subject to any 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 in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the financial statements comply with applicable law. They are also responsible for safeguarding assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the board of Trustees and sign on behalf of the board by____________________________:
## **Trustee**
Date
**2**
## **Debenham Roundabout Pre-School**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES**
I report on the accounts of the Debenham Roundabout Pre-School for the year ended 31 March 2022 which are set out on pages 5-8.
## **Respective responsibilities of 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 the year under section 114 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- Examine the financial statements under section 145 of the Charities Act;
- To follow the procedures laid down in the general Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act); and
- To state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 for you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and the report is limited to those matters set out in the statement below.
## **Independent Examiner’s statement**
In connection with my examination, no matter has come to my attention:
- Which gives reasonable cause to believe that in any material respect the requirements `o` To keep accounting records in accordance with Section 130 of the Charities Act and
- To prepare accounts which accord with the accounting records and
- To comply with 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 proper understanding of the accounts to be reached.
Rachel Marsh MAAT Marsh Accountancy 67 Gardeners Road Debenham Suffolk IP14 6RT
Date: 30 January 2023
**3**
Debenham Roundabout Pre-School
## **Statement of Financial Activities For the Year Ended 31 March 2022**
|**Notes**
**Incoming Resources**
Incoming resources from funding
Fee income
Grants received
Fund raising events
Bank Interest
**Total incoming resources**
**Resources Expended**
Salaries
**2**
Employers National Insurance contributions
Employer pension contributions
Fundraising
Refreshments
Activities and entertainment
General supplies
Postage, stationery & telephone
IT expenses
Training & subscriptions
Professional fees
Insurance
Premises costs
Utilities
Accountancy & payroll fees
Bank fees
Depreciation
**Total resources expended**
Government Covid Grants Received
**Net incoming/outing resources**
Net movement in funds
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**2022**
**Total Funds**
**2021**
**£**
**£**
**£**
**£**
52,346
- 52,346 65,638
17,344
17,344 9,678
- - - 2,875
4,125
- 4,125 2,514
2
- 2 14|
|---|---|
||**73,818**
**- 73,818 80,719**|
||77,173
- 77,173 76,867
- - - -
1,004
- 1,004 913
157
- 157
-
2,046
- 2,046 123
2,743
- 2,743
-
4,386
- 4,386 6,433
1,009
- 1,009 1,318
187
- 187
-
356
- 356 705
513
- 513
-
1,319
- 1,319 1,143
11,987
- 11,987 1,776
1,412
- 1,412 462
540
- 540 540
35
- 35
-
236
- 236 175|
||**105,103**
**- 105,103 90,455**|
||6,433
- 6,433 13,884
**(24,851)**
-
**(24,851)**
**4,148**|
||(24,851)
-
(24,851)
4,148
42,973
-
42,973
38,825|
||**18,122**
-
**18,122**
**42,973**|
**4**
Debenham Roundabout Pre-School
## **Balance Sheet As at 31 March 2022**
|**Notes**
**Fixed Assets**
**3**
Equipment
**Current Assets**
**4**
Debtors and prepayments
**Cash at bank and in hand:**
Bank current account
Bank deposit account314478834
Bank reserve account 1
Bank reserve account 291475258
Bank fund raising account
Cash in hand
Total Current Assets
**Current liabilities**
**5**
Net current assets
**Funds**
Unrestricted funds
Restricted funds
Creditors: amounts falling due within one year|**Unrestricted**
**General**
**Designated**
**Total Funds**
**2022**
**Total Funds**
**2021**
**£**
**£**
**£**
**£**
357
- 357 350|
|---|---|
||- - - 1,319
2,608
- 2,608 9,355
3,873
- 3,873 8,778
5,056
- 5,056 17,655
4,299
- 4,299 4,299
1,975
- 1,975 2,306
418
- 418
-|
||18,228
- 18,228 42,393|
||18,228
- 18,228 43,711
464
- 464 1,089|
||17,764
- 17,764 42,623|
|||
||**18,121**
**-**18,121 42,973|
||18,122
-
18,122
42,973
-
-
-
-|
||**18,122**
**- 18,122 42,973**|
Approved on behalf of the trustees by :
## **Trustee**
Date: ___________________________
**5**
Debenham Roundabout Pre-School
## **Notes to the Financial Statements For the Year Ended 31 March 2022**
## **1. Accounting policies**
## **Accounting convention**
The financial statements have been prepared on the Receipts and Payments basis and comply with the appropriate legal requirements.
## **Grants, donations and fundraising**
General funds are unrestricted funds that are available for use, at the discretion of the trustees, in furtherance of the objectives of the charity and have not been designated for other purposes.
## **Investment income**
Bank interest is included in the statement of financial activities as it becomes due.
## **Resources expended**
All expenditure; including the purchase of toys and equipment, is included in the statement of financial activities, as soon as the obligation arises.
## **Funds**
The charity maintains various types of funds as follows:
_Unrestricted funds_ represent unrestricted income which is expendable at the discretion of the trustees in furtherance of the objectives of the charity.
_Restricted funds_ represent donations and grants received which are allocated by the donor for a specific purpose.
## **Fixed assets**
The depreciation rates used are as follows:
Equipment 20% straight line method.
## **2. Staff emoluments**
|Salaries
Employers National Insurance
Employers Pension contributions
Average number of full time equivalent
employees|**£**
**£**
77,173 76,867
- -
1,004 913
78,177 77,780
7
7
**31 March 2022 31 March 2021**|
|---|---|
No employee earned more than £60,000 in the year. No remuneration or expenses were paid to trustees in the year.
**6**
Debenham Roundabout Pre-School
## **Notes to the Financial Statements (continued) For the Year Ended 31 March 2022**
## **3. Fixed Assets**
|**Cost**
At 1 April 2021
Additions
At 31 March 2022
**Depreciation**
At 1 April 2021
Charge for the year
At 31 March 2022
**Net book value**
At 31 March 2021
At 31 March 2022|**Equipment**
**Total**
**£**
**£**
10,306 10,306
243 243|
|---|---|
||10,549 10,549|
||9,956 9,956
236 236|
||10,192 10,192|
|||
||350 350|
|||
||357 357|
## **4. Debtors and prepayments**
|Prepayments
**5. Creditors: amounts falling due within one year**
Creditors
Taxation
Accruals|**£**
**£**
- 1,319
**- 1,319**
**£**
**£**
- -
464 1,089
- -
**464 1,089**
**31 March 2022 31 March 2021**
**31 March 2022 31 March 2021**|
|---|---|
## **6. Taxation**
The playgroup is a registered charity and does not trade for tax purposes. It is not liable to corporation tax on its surplus.
**7**