Trustees’ Annual Report for the period From 1 September 2021 To 31 August 2022
Charity name: Acle Pre-School
Charity registration number: 1073002
Objectives and Activities
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SORP reference
Summary of the purposes Para 1.17 Enhance the development and
of the charity as set out education of children under school age.
in its governing Social and emotional development.
document
Summary of the main Para 1.17 and
1.19
activities in relation to
those purposes for the
public benefit, in
particular, the activities,
projects or services
identified in the
accounts.
Statement confirming Para 1.18
whether the trustees
have had regard to the
guidance issued by the
Charity Commission on
public benefit
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Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
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Other
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Achievements and Performance
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SORP reference
Summary of the main
achievements of the
charity, identifying the
Para 1.20
difference the charity’s
work has made to the
circumstances of its
beneficiaries and any
wider benefits to society
as a whole.
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Additional information (optional)
You may choose to include further statements where relevant about:
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review
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Review of the charity’s Para 1.21
financial position at the
end of the period
Statement explaining the Para 1.22 We have a reserve policy of £15,000.
policy for holding This is to be used for redundancies /
reserves stating why they wages for higher ratio if needed and to
are held provide support to our 1:1 children
when needed and if funding for them is
not given.
Amount of reserves held Para 1.22 £15,000.00
Reasons for holding zero Para 1.22
reserves
Details of fund materially Para 1.24
in deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a
going concern
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Additional information (optional)
You may choose to include further statements where relevant about:
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The charity’s principal Fee income
sources of funds Local Education Authority funding
(including any Para 1.47
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management
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Description of charity’s Education
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 Charity run organisation
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25
methods including details
of any constitutional
provisions e.g. election to
post or name of any
person or body entitled
to appoint one or more
trustees
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Additional information (optional)
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You may choose to include further statements where relevant about:
Policies and procedures updated and
Policies and procedures reviewed on a regular basis and signed
adopted for the inductionand training of trustees Para 1.51 off.
Training always updated and relevant.
Training offered to all new members.
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
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Charity name Acle Pre-School
Other name the charity
uses
Registered charity 1073002
number
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Charity’s principal Fletcher Rooms
address Fletcher Way
Acle
Norwich
NR13 3RQ
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Dave Savory
2 Tim Brown Treasurer
3 Eve Nutt
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Corporate trustees – names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
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Trustee name Dates acted if not for whole
year
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Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s)
Position (eg Secretary, Chair, etc)
Date
Unaudited Management Accounts
Acle Preschool For the period ended 31 August 2022
Prepared by Actagen Accountants
Prepared on 10 March 2023
For management use only
Table of Contents
Client Approval Certificate................................................................................................................................3 Financial Activities............................................................................................................................................4 Balance Sheet..................................................................................................................................................5
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Client Approval Certificate
I approve the management accounts and confirm that I have made available all relevant records and information for their preparation.
Mr T Brown
Date: ________
Acle Preschool
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Financial Activities
September 2021 - August 2022
| Financial Activities September 2021 - August 2022 |
||
|---|---|---|
| Total | ||
| Sep 2021 - Aug 2022 | Sep 2020 - Aug 2021(PY) | |
| INCOME | ||
| Charitable activites | 1,290.16 | 1,016.51 |
| Fee Income | 109,207.44 | 82,790.49 |
| Interest Received | 2.81 | 3.40 |
| Total Income | 110,500.41 | 83,810.40 |
| TOTAL | 110,500.41 | 83,810.40 |
| EXPENDITURES | ||
| Computer Costs | 442.17 | 249.98 |
| Cost of Labour | 55.00 | |
| Depreciation | 797.45 | 354.35 |
| Dues and Subscriptions | 327.35 | 215.00 |
| Interest Payable | 2.37 | |
| Legal and professional fees | 1,390.00 | 1,319.00 |
| Meals and entertainment | 180.00 | 231.95 |
| Office/General Administrative Expenses | 686.09 | 928.51 |
| Payroll Expenses | ||
| Pension | 2,069.60 | 1,049.67 |
| Wages | 71,893.71 | 64,580.23 |
| Total Payroll Expenses | 73,963.31 | 65,629.90 |
| Phone Costs | 525.54 | 500.41 |
| Postage | 211.77 | 88.79 |
| Premises Costs | ||
| Insurances | 728.90 | 645.49 |
| Rent or Lease of Buildings | 2,711.50 | 2,726.00 |
| Repair and maintenance | 1,834.97 | |
| Utilities | 1,234.29 | 696.70 |
| Total Premises Costs | 6,509.66 | 4,068.19 |
| Purchases | 13,710.89 | 10,590.36 |
| Staff Training | -1.75 | 720.73 |
| Total Expenditures | 98,744.85 | 84,952.17 |
| NET OPERATING INCOME | 11,755.56 | -1,141.77 |
| NET INCOME/(EXPENDITURE) | £11,755.56 | £ -1,141.77 |
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Acle Preschool
Balance Sheet
As of August 31, 2022
| Balance Sheet As of August 31, 2022 |
||
|---|---|---|
| Total | ||
| As of Aug 31, 2022 | As of Aug 31, 2021(PY) | |
| FIXED ASSET | ||
| Tangible assets | ||
| Equipment | ||
| Equipment Cost | 14,373.72 | 14,373.72 |
| Equipment Depreciation | -14,321.40 | -13,697.83 |
| Total Equipment | 52.32 | 675.89 |
| Furniture and Fixtures | ||
| Furniture and Fixtures Cost | 1,089.32 | 1,089.32 |
| Furniture and Fixtures Depreciation | -1,089.32 | -986.48 |
| Total Furniture and Fixtures | 0.00 | 102.84 |
| Office equipment | ||
| Office equipment Cost | 1,115.11 | 1,115.11 |
| Office equipment Depreciation | -901.96 | -830.92 |
| Total Office equipment | 213.15 | 284.19 |
| Total Tangible assets | 265.47 | 1,062.92 |
| Total Fixed Asset | 265.47 | 1,062.92 |
| CASH AT BANK AND IN HAND | ||
| Bank Current Account | 13,868.93 | 5,366.05 |
| Bank Savings Account - XXXX7327 | 375.06 | 100.00 |
| Bank Savings Account - XXXX9402 | 20,001.55 | 15,978.81 |
| Cash on hand | 0.00 | 50.00 |
| Total Cash at bank and in hand | 34,245.54 | 21,494.86 |
| DEBTORS | ||
| Debtors | 0.00 | 596.06 |
| Total Debtors | 0.00 | 596.06 |
| CURRENT ASSETS | ||
| Prepaid Expenditures | 1,639.56 | 400.16 |
| Stocks | 0.00 | 1,800.00 |
| Total Current Assets | 1,639.56 | 2,200.16 |
| NET CURRENT ASSETS | 35,885.10 | 24,291.08 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| Current Liabilities | ||
| Accruals and Deferred Income | 630.00 | 630.00 |
| Payroll Liabilities | ||
| HMRC | -665.75 | 293.24 |
| Total Payroll Liabilities | -665.75 | 293.24 |
| Total Current Liabilities | -35.75 | 923.24 |
| Total Creditors: amounts falling due within oneyear | -35.75 | 923.24 |
| NET CURRENT ASSETS(LIABILITIES) | 35,920.85 | 23,367.84 |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 36,186.32 | 24,430.76 |
| TOTAL NET ASSETS (LIABILITIES) | £36,186.32 | £24,430.76 |
| CHARITY FUNDS | ||
| Retained Earnings | 24,430.76 | 25,572.53 |
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Acle Preschool
| Total | ||
|---|---|---|
| As of Aug 31, 2022 | As of Aug 31, 2021(PY) | |
| Surplus/(Deficit) | 11,755.56 | -1,141.77 |
| Total Charity funds | £36,186.32 | £24,430.76 |
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Acle Preschool
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees/ members of On accounts for the year ended Set out on pages Responsibilities and basis of report |
Charity Name Acle Pre-School |
|---|---|
| 31 August 2022 Charity no (if any) 1073002 |
|
| 1 to 45 | |
| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/07/2020. As the charity's trustees, 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 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. |
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did 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. 25
| Signed: Name: Relevant professional qualification(s) or body: Address: |
Date: | 9 March 2023 |
|---|---|---|
| Grant Nurden | ||
| Association of International Accountants | ||
| 108 Lackford Close | ||
| Brundall, NR13 5NL |
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of None any items that the examiner wishes to disclose .