Charity Registratlon No. 1074136 PETER PAN pRE￿CHOOL BATH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 PETER PAN PRE4CHOOL BATH LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs K Pamiar Mrs F Parsons Ms S Matthews Ms J Savory Ms K Townsend scmoon Mr B Gaidiner Ms S Thomber Mrs J Pallavi Lanka Mr J HoNood Charlty numbor 1074136 Prlnclpal addres5 Methodist Church Hall Kenningion Road Bath. BA1 3EA Independent examiner Mr P J Barton FCCA ART Accounlanls Limited Ground Floor 11 M8nvers Street Balh BA1 1JQ Bankers Lloyds Bank 47 Milsom Street Bath 8A1 1DN PETER PAN PRE-SCHOOL BATH CONTENTS Page Trustees. report Independent examinerfs ￿port Statement of financial activities Balance sheet Notes to the accounts PETER PAN PRE-SCHOOL BATH TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2020 The trustees present their report and accounts for the year ended 31 August 2020_ The accounts have been piepared in accordance %wth the accounting policies sel out in Note 110 the accounts and comply with the charity's Conslrtution, the Charities Act 2011 and "kcounting and Reporting by Charilie5'. Slalemenl of Recommended Practice applicable to charities preparing their accounts in a¢¢ordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20151. Objectives and aetivitlgs The object of the Charity 15 to enhance the development and education of children primarily under slalulory school age by encouraging parents lo understand and provide for the needs of their children through community groups. We offer affordable and fully inclusive li.e. open lo all areas of the community from those wlh special needs to those on low inGomel preschool education to the under S's. By implementing the EYFS 0-5 curriculum, investing in our staff and fostering a nurturing environment we enhance the education and development of our children. Achievements and perfomiance During the year we provided Pre-school Educalion for 35 local families. making sure that each child left lo lake up their place in Primary School fully prepared and. if necessary. with the support and funding in place to enable them lo flourish. We eontinued lo implement the EYFS 0-5 Curriculum and lo work with the familie5 and support agencies of SEN children lo provide them with an inclusive Pre- School education. Our longest serving member of staff retired in in January 2020 and we successfully recruited a replacement. Pre- School was closed between March and June 2020 dije lo the Covtd Lo¢kdown bul remained open for the rest of the year. A huge effort was needed by the whole team to work wth and within all the reslrictiorbs and guidelines. Fundraising efforts continued virtually wlh a crowdfunding campaign to recover some of the income lost due to the lockdown. We were also lucky lo be awarded a di5crelionary Covid grant by BANES, both of which. along with the continued receipt of Eady Years funding during lockdown. guaranteed the ongoing viability of Pre-school. Our Leadership Team embraced their roles and worked hard to support the team through Tegular Supervision and Appraisals. Staff Training was kept as up lo date as possible and all policies were reviewed and amende(J in line with the EYFS 0-5 Curriculum and Slatu¢ory Requirements. Future Plans The next academic year will see the challenge of continuing lo deal with the Covid pandemic. The trustees will be continuing to support our Leaders, enabling and ensuring that all team members receive the necessary support and training to fully meet their roles and obligations. We would like lo fundraise lo further enhance our outside space when restn"clions allow. Financlal reviow The Trustees recognize the need to maintain a sufficient level of reserves for use in the event of the charity no longer being viable. A significant drop in the numbers of children attending or loss of our rented premises could be examples of these. 11 is our policy lo hold in ￿SerVe the equivalent of 6 months of running costs al £7,000 per month represented in the free reserves figure of £50.383. PETER PAN PRE-SCHOOL BATH TRUSTEES. ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020 Structure, governance and management Peter Pan Pre-school Bath is fomed under a constslub.on d*ed 21 January 1999 as amended on 11 October 2011. 11 is a regislere(l Chaiity, with charity number 1074136 and tskes the legal fomi of a members, association. Thè committee members and staff seNed during the year We￿ as follows". Chalrpersons C Moon and H Clarke Treasurer K Rutherford Secretary R Easton Ordinary members F Parsons A Hoyle K Parmar Pre-school Leaders M Jones and K Carter Pre-school Staff L May, S Walton. J Bolton, F Parsons, J Puryer. S Woods-smith, C Matthews Trustees are appointed by a vote al the Annual General Meeting_ The board of trustees have the power to appoint new or additional Iruslees and to remove any trustee provided the number of trustees does not fall below minimum of three. The trustees who served during the year were: Mrs K Parmar Mrs F Parsons Ms K RLJlherford (Resigned October 20201 Ms H Clarke (Resigned October 2020) Mr5 C Moon Ms J Savory IAppointed October 20201 Mrs S Matthew5 (Appointed October 2020) Mr J Horwood (Appointed October 2020} Mr B Gardner (Appointed October 20201 M5 K Townsend IAppointed October 20201 Ms S Thornber (Appointed October 202DI Mrs J Pallavi Lanka (Appointed October 2020) Public beneftt We have had regard lo the gLJidance contained in the Charity Commission's general guidance on public benefit and referred lo il when reviewng our aim and objectives and in planning our ftjlure activities. The Iruslees, report was approved by the Board of Trustees_ Mrs F Parsons Trustee Dated.. ..￿1.7.11.1... PETER PAN PRE-SCHOOL BATH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PETER PAN PRE-SCHOOL BATH I report on the aceounts of the charity foi the year ended 31 August 2020, which are sel out on pages 4 to 8. Respective respon$lbilities of trustees and examlner The charity's Iruslees are responsible for the p￿paratIon of the accounts. The charity's trustees consider that an audit is not required for this year under section 144{21 of the Charilies Act 2011 Ilhe 2011 Acll and that an independent examination 15 needed. 11 is my responsibility to.. examine the accounts under section 145 of the 2011 Act- to follow the procedures laid down in the general Dire¢tion5 given by the Charity Commission under section 14515llbl of the 2011 Act.. and liiil 10 state whether partieular matter5 have come lo my attention. Basis of independent examinerfs report My examination was carried out in accordance wlh the general Directions given by the Charity Commission. An examination includes a rewew of the accounting records kept by the charity an¢J a comparison ol 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 conceming any such matters_ The procedures undertaken do not provide all the evidence that would be required in an audit and consequenuy no opinion is given as to whether the accounts present a 'tTue and fair view and the report is limited to those matters sel out in the next statement. Independent examiner's statement Your attention is drawn lo the fact that the charity has prepared accounts in accordance wlh Accounting and reporting by Charities preparing their accounts in accordance w(Ih the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reptsrting by Charities. Slalement of Recommendecl Practice issued orb 1 April 2005 which is referred to in the extant regulations Ixjl has now been withdrawn. l understand that this has been done in order for the accounts to provide a true and fair view in aeeordance with Generally Accepted Accounting Practice effecltve for reporting periods beginning on or after l January 2015. In connection with my examination, no other matter except that refe￿ed to in the ￿VIouS paragraph has ¢ome to my attention.. lal which gives me reasonable cause to believe that in any material respect the requirements.. lo keep accounting records in accordan￿ with section 130 of the 2011 Act., and lill to prepare accounts which accord with the accounting rewrds and comply wilh the accounting requirements of the 2011 Act., have not been mel or Ibl lo which, in my opinion, attention should be drawn in orderto enable a proper understsnding of the accounts lo be reached. IlJ/ Mr P J Barton FCCA ART Accountants Llmlted Chartered Certified Accountants Ground Floor 11 Manvers Street Bath BA1 1JQ Dated.. /ilii PETER PAN PRE￿cHOoL BATH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST2020 Vnreytrictsd Restrl¢ted fvnds funds Totsl 2020 Total 2019 Notes ncomo fr Charitable activities Invesiments 92,463 92,463 77 94.772 61 Total Income 92,540 92.540 94,833 Ex enditur¥ on: Charitable activities 87.278 87.278 92,828 Total resourcès expended 87.278 87,278 92.828 Net movement In funds 5.262 5.262 2,005 Fund balances at 1 September 2019 45.121 45.121 43,116 Fund balances at 31 August 2020 50.383 50,383 45,121 The slalement of financial activtties includes all gains and losses recogni$ed in the year. All in¢ome and expenditure derive from continuing ath"vilies. PETER PAN pRE￿CHOOL BATH STATEMENT OF ASSETS AND LIABILITIES ASAT31 AUGUST2020 2020 2019 Notes Current assets Cash al bank and in hand 50,383 45.121 Credrtors.. amounts falling due wlthin one year Net current assets 50,383 45,121 Total assets less eurrgnt Ilabilitias 50,383 45.121 In¢ome funds Reslricled funds Unrestrieled funds 50,383 45,121 50,383 45.121 The accounts were approved by the Trustees on ..￿. i.i..(.L. Mrs F Parsons Trustee Mrs Pamiar Trustee PETER PAN PRE-SCHOOL BATH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 Accounting pollcles Charlty Inforniatlon PETER PAN PRE-SCHOOL BATH is an unincorporated body whose goveming document is a conslitulion. 1.1 Accountlng conventlon The accounts have been prepared in accordance wth the charity's constitution, the Charities Act 2011 and °Accounling and Reporting by Charilie5.' Ststemenl of Recommended Pradice applieable lo charities preparing their accounts in accordance wth Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. las amended for accounting periods commencing from 1 January 20161. The Charity is 8 Public 8enÈfil Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not lo prepare a Slalemenl of Cash Flows. The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the exlenl required lo provide a Itue and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred lo in the Regulations but which has since been withdrawn. The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial slalemenls are rounded to the nearest £_ The a¢¢ounls have been prepared under the historical Cost convention. The principal a¢wunting policies adtspled are sel out below. 1.2 Golng concern Al the lime of approving the account5, the trustees have a reasonable expectation that the charity has adequate re50urc&s lo continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of a¢counling in preparing Ihe accounts. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unles5 the funds have been designated for other purposes. Rèstricted funds are subject lo specffic ¢ondilions by donors as to how they may be used. The purpose5 and uses of the restri¢led funds a￿ set out in the notes to the accounts. 1.4 Incomlng resour¢*s Income is recognised when the charity is legally entitled to it after any performance eonditions have been mel, the am¢unt5 can be measured reliably. and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised 0￿e the charity has been notified of the donation. unless performance conditions ￿qUIre deferral of the amount. 1.S Cash and eash equlvalents Cash and ¢ash equivalents indude cash in hand, deposits held at call with banks. other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. PETER PAN PRE-SCHOOL BATH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020 Charltablo a¢tivities - Income 2020 2019 Grants Fees and snack money Milk Other Fundraising 68,126 16.392 112 780 7,053 70,345 19,545 307 1.930 2.645 92,463 94,772 Investments 2020 2019 Interest receivable 77 61 77 CharlLible actlvltie5 - Expenditure 2020 2019 Wages and training Snacks Milk Play equipment Fundraising 77,155 695 184 955 659 77,118 1,457 377 626 794 79,648 80,372 Shale of support costs (see note 51 Share of governance costs (see note 51 7.210 420 12,036 420 87,278 92,828 PETER PAN PRE-SCHOOL BATH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020 Support and goveman¢e costs Support Govemance costs costs 2020 2019 Bas1$ of allocatlon Repairs & maintenance Rent Insurance Adminislralion costs Sundries 95 3.780 446 395 2.494 95 3,780 446 395 2,494 2,171 Charitable aclivib'es 6.480 Charitable activities 446 Charitable activities 705 Charitsble activities 2,234 Charitable activities Independent examination 420 420 420 Govemance 7,210 420 7,630 12,456 Analysed betweerk Charitable activities 7.210 420 7.630 12,456 Govemance wsls includes payments to the independent examiner of £42012019- £4201.