OUR LADY'S CATHOLIC PRE-SCHOOL
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 Charity Registration number 1073155
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Report of the Trustees For the year ended 31 August 2022
OUR LADY'S CATHOLIC PRE-SCHOOL
The trustees present their report with the financial statements of the charity for the year ended 31 August 2021. 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 2015).
Structure, governance and management
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Reference and administrative details
Registered name: OUR LADY'S CATHOLIC PRE-SCHOOL Charity registration number: 1073155
The Association is governed by the standard form of constitution.
Principal address Trustees Henshaw Road Lara Stevens Chair Wellingborough Stacey Eggett Treasurer Northamptonshire Marketa Kudrnova Trustee NN8 2BE Sylwia Wolkowicz Trustee Sarah Savage Trustee Justyna Nowak Trustee
Name: Stacey Eggett Date: 24 October 2023 Treasurer
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OUR LADY'S CATHOLIC PRE-SCHOOL
Statement of Financial Activities For the year ended 31 August 2022
| Notes Income and Endowments from Donations and legacies Other trading activities 2 Total Expenditure on Raising funds 3 Other Total resources expensed Net Income/Expenditure Funds brought forward FUNDS CARRIED FORWARD |
2022 £ 76,315 38 76,353 82,121 1,512 83,633 (7,280) 66,048 58,768 Unrestri cted |
2021 Total funds £ 83,483 0 |
|---|---|---|
| 83,483 101,515 3,104 |
||
| 104,619 | ||
| (21,136) 87,184 |
||
| 66,048 |
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OUR LADY'S CATHOLIC PRE-SCHOOL
Balance sheet
For the year ended 31 August 2022
| Notes Fixed assets Tangible assets 6 Current assets Debtors Cash at bank and in hand Creditors Amounts falling due < 1 year 8 Net current assets Net assets Total funds 9 |
2022 £ 5,293 9,198 45,735 54,933 1,458 53,475 58,768 58,768 |
2021 £ 7,446 5,211 54,711 |
|---|---|---|
| 59,922 1,320 |
||
| 58,602 | ||
| 66,048 | ||
| 66,048 |
The Financial Statements were approved by the Board of Trustees on 24 October 2023 and were signed on its behalf by:
Name: Stacey Eggett Treasurer
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Notes to the accounts For the year ended 31 August 2022
OUR LADY'S CATHOLIC PRE-SCHOOL
1 Accounting policies
Accounting convention
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 2015)', 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.
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.
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.
| 2 Other trading activities Sundry Income |
2022 £ 38 38 |
2021 £ 0 |
|---|---|---|
| 0 |
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OUR LADY'S CATHOLIC PRE-SCHOOL
Notes to the accounts - continued For the year ended 31 August 2022
| 3 Raising funds Raising donations and legacies Support costs |
2022 £ 82,121 82,121 |
2021 £ 101,515 |
|---|---|---|
| 101,515 |
4 Trustees remuneration and benefits
There was remuneration paid to the trustees' totalling £17,714 for the year ended 31 August 2022 (2021: £23,171).
Trustees expenses
There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021.
| Nursery Manager Nursery Assistants ge monthly number of employees during s as follows: |
2022 1 5 6 |
2021 1 5 |
|---|---|---|
| 6 |
- 5 The average monthly number of employees during the year was as follows:
No employees received emoluments in excess of £60,000.
| 6 Tangible fixed assets Cost As at 1 September 2020 Additions Disposals As at 31 August 2021 Depreciation As at 1 September 2020 Charge Eliminated As at 31 August 2021 Net book value As at 31 August 2021 As at 31 August 2020 |
Plant & equip £ 8,608 0 0 8,608 1,162 2,153 0 3,315 5,293 7,446 |
Total £ 8,608 0 0 |
|---|---|---|
| 8,608 | ||
| 1,162 2,153 0 |
||
| 3,315 | ||
| 5,293 | ||
| 7,446 |
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OUR LADY'S CATHOLIC PRE-SCHOOL
Notes to the accounts - continued For the year ended 31 August 2022
7 Comparatives for the statement of financial activities
| Unrestri | ||||
|---|---|---|---|---|
| cted | ||||
| £ | ||||
| Income and Endowments from | ||||
| Donations and legacies | 76,315 | |||
| Other trading activities | 38 | |||
| Total | 76,353 | |||
| Expenditure on | ||||
| Raising funds | 82,121 | |||
| Other | 1,512 | |||
| Total resources expensed | 83,633 | |||
| Net Income/Expenditure | (7,280) | |||
| Reconciliation of funds | ||||
| Funds brought forward | 66,048 | |||
| Total funds carried forward | 58,768 | |||
| 8 | Creditors: amounts falling due within one year | 2022 | 2021 | |
| £ | £ | |||
| Trade creditors | 122 | 0 | ||
| Taxation and social security | 0 | 0 | ||
| Other creditors and accruals | 1,336 | 1,320 | ||
| 1,458 | 1,320 | |||
| 9 | Movement in funds | As at | Net | As at |
| 01.09.21 | moveme | 31.08.22 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 66,048 | (7,280) | 58,768 | |
| Total funds | 66,048 | (7,280) | 58,768 | |
| Net movement in funds, included in the above are as follows: | ||||
| _Incoming _ | Resources | Funds | ||
| _resources _ | expensed | moveme | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 76,353 | (83,633) | (7,280) | |
| Total funds | 76,353 | (83,633) | (7,280) |
There were no related party transactions for the year ended 31 August 2022.
10 Related party disclosures
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OUR LADY'S CATHOLIC PRE-SCHOOL
| OUR LADY'S CATHOLIC PRE-SCHOOL | ||
|---|---|---|
| Detailed profit and loss For the year ended 31 August 2022 Income and Endowments Donations and Legacies Northants County Council Fees Parents Fees Donations Uniforms Other trading activities Sundry Income Total Incoming Resources Expenditure Other Books & Bags Uniforms School Trips & Activities Snacks Support costs Management Staff Costs Pensions Sundries Telephone Administration & Stationery Repairs & Consumables Depreciation charges Forms & Subscriptions Course & travel Finance Accountancy Payroll fees Insurance Premises Information technology Computer expenses Total resources expensed Net movement |
2022 £ 74,321 1,994 0 0 76,315 38 38 76,353 0 209 699 604 1,512 66,375 1,186 119 190 286 6,025 2,153 85 746 77,165 786 421 1,039 2,400 4,646 310 310 83,633 (7,280) |
2021 £ 77,389 6,094 0 0 |
| 83,483 0 |
||
| 0 | ||
| 83,483 | ||
| 159 712 797 1,436 |
||
| 3,104 88,675 1,225 0 469 0 5,068 1,015 35 751 |
||
| 97,238 764 476 0 2,404 |
||
| 3,644 633 |
||
| 633 | ||
| 104,619 | ||
| (21,136) |
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
Independent examiner's report to the trustees of Our Lady's Catholic Pre-School
I report to the charity trustees on my examination of the accounts of the Our Lady's Catholic Pre-School (the Trust) for the year ended 31 August 2021.
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:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
Paul Minards ATT
DMO Accountants First Floor Offices 25 Sanders Road Finedon Road Industrial Estate Wellingborough Northamptonshire NN8 4NL
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