Charlty R8glstration No. 1074136 PETER PAN PRE-SCHOOL BATH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 PETER PAN PRE-SCHOOL BATH LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs K P8Tmar MTS F Patsons Ms C Moon Mr B Gardiner Ms S Thomber Mr J Horwood Ms J Bishop (Appoinled 14 October 2021) Charlty number 1074136 Prlnclpal address Methodist Church Hall Kenningtoll Road Bath, BA1 3EA Independent examingr Mr P J Barton FCCA ART Accounlanls Limited Ground Floor 11 Manvers Street Bath BA1 1JQ Bankers Lloyds Bank 47 Milsom Str89t Bath BA1 1DN PETER PAN PRE-SCHOOL BATH CONTENTS Page Trustees. report Independent examingrfs report Slalement of financial actiMtie8 Balance sheet Notes to the accounts PETER PAN PRE-SCHOOL BATH TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2021 The Iruslees present their report and accounts for the year ended 31 August 2021. The accounts have been prepared in accordance th the accounting poli¢ies set out in Note 1 to the accounts and ¢omply with the chartty's Constitution, the Charities Act 2011 and "Accounting and Reporting by Charities.. Statèment of Recommended Practice applicable to charities preparing their account5 in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 20191° ObJ•ctives and actlvllles The object of the Charity is lo enhance the development and education of children primarily under statutory school age by encouragin9 parents to understand and provide lor 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 with special needs to those on low income) preschool education to the under 5's. By implementing the EYFS 0-5 curriculum, investing in our stsff and fostering a nurturing environment we enhance the educatson and development of our children. A¢hievoménts and ￿rfOrmanc￿ During the year we provided Pre-school Education for 37 IC￿al families, making sure thal each child left to lake up their place in Primary Sch¢>ol fully prepared and. rf necessary, with the support and funding in place lo enable them lo flourish. We continued lo implement the EYFS 0-5 Curriculum and to work with families and support agencies of SEN children lo provide them with an inclusive Pre-school Education. The year saw the challenge of continuing to deal with the Covid pandemic. A huge effort was needed by the whole team to work with and within all the restrictions and guidelines. Fundraising efforts continued lo be hampered by the pandemic We were lucky lo be awarded a grant by the Bath and West Community Energy Fund lo enable us lo build a Scooter bike and pram shelter to encourage more families lo walk. cycle or scoot lo p￿-SchoOl. The limited fundraising opportunities and the increasing gap between the Early Years funding hourty rale and the cost of delivery of an hour of Pre-school £4.14 versus £6 led lo the introduction of a 50D Der hour charae on each fvnded hour used bv our families. Our Leadership Team embraced their roles and worked hard to SUPPOrt the team through regular SLtpervision and Appraisals. Stsff Training was kept as up to date as possible and all polirAes were ieviewed and amended in line th the EYFS O-5 Curriculum and Statutory Requirements. Future Plans The next academic year will hopefully see the welcome challenge of moving on from the pandemie reslriclions. Hopefully we can increase our fundraising activities and our visibility in the local community orice again. 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 obligation5. Flnancial rgvlew The Trustees recognize the need to maintain a sufficjenl 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 ofthese. 11 is our poli¢y lo hold in reserve the equivalent of 6 months of running costs at £7,000 per month represented in the free reserves figure of £59.688. PETER PAN PRE-SCHOOL BATH TRUSTEES. ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2021 Structure. governance and management Peter Pan Pre-school Bath is forned under a Con5ts"lution dated 21 January 1999 a5 amended on 11 October 2011. It is a registered chanty, with charity number 1074136 and takes the legal fofm of a members, association. The ￿MmIttee members and staff who sewj during the year were as follows.. Chairperson C Moon Treasurgr B Gardiner Secretary S Thomber Ordinary members F Parsons K Parmar Pre4chool Leaders M Jones and K Carter Pre4chool Stsff S Walton. J Bolton. F Parsons. J Puryer, S Wc*)ds-Smilh. C Matthews Trustees are appointed by a vole at the Amnual General Meeting. The board of tTUStees have the power lo appoint new or additional Iruslees and lo remove any trustee provided the number of trustees doès not fall below a minimum ol three. The trustees who served during the yearwere.. Mrs K Parmar Mrs F Parsons Mrs C Moon Mr B Gardiner Mrs S Thomber Ms J Savory (Resigned October 20211 Mrs S Matthews (Resigned October 2021) Mr J Horwood Ms K Townsend (Resigned October 2021} Mrs J P811avi Lanka IResigned October 2021} M5 J 8ishop (Appointed October 20211 Publlc beneflt We have had regard lo the 9uidance contained in the Charity Commission's general guidan¢e on public benefit and referred lo il when reviewng our aim and objectives arKI in planning ¢)ur future ath"vtties. The Iruslees. report vrds approved by the Board of Trustees. Mrs F pa￿OnS Trustee Dated.. 2b..la12L PETER PAN PRE-SCHOOL BATH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PETER PAN PRE-SCHOOL BATH I report on the account5 of the charity for the year ended 31 August 2021. which are sel out on page$ 4 to 8. Respectlve responslbllities of trustees and examlner The charity's Iruslees are responsible for the preparation of the accounts. The charity's trustee5 consider that an audit is not required for this year under section 14412} of the Charities Act 2011 (the 2011 Act} and that an independent examination is needed. 11 is my responsibility to= examine the accounts under section 145 of the 2011 Act: lil) to follow the procedures laid down in the general Directions given by the Chanty Commission under section 14515llbl of the 2011 Act, and liiil to slate whether particular matters have come lo my attention. Basls of Independent examinerfs report My examination was carried out in accordance wrth the general Directions given by the Charity Commission. An examination includes a review of the accounts.ng iecords kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual rtems or disdosures in the accounts, 8nd 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 consequenly no opinion is given as to whether the accounts present a 'twe and fair view, and the report is limited to those matters sel out in the next ststement. Independent examlngrfs statement In connection with my examination, no other matter except that referred to in the previous paragraph ha5 come lo my attention". lal which gives me reasonable cause to believe that in any material respect the reqU1￿MentS.. to keep accounting records in accordan¢e wth section 130 of the 2011 Act," and {iil to prepare accounts which accord wth the acwunting records and comply wth the aecounting requirements of the 2011 Act.. have not been met or {b) lo which, in my opinion, attention should be drawn in orderto enable a proper understanding of the accounts lo be reached. Mr P J Barton FCCA ART Accountants Llmtted Chartgred Certlfled A¢¢ountants Ground Floor 11 Manvers Street Bath BA1 1JQ Dated.. 2G M. PETER PAN PRE-SCHOOL BATH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST2021 Vnrestrlctgd Restrlctod funds funds Total 2021 Totsl 2020 Notes come Charitable activities Investments 107,794 73 107,794 73 92,463 77 Total Income 107,867 107,867 92,540 endlt Charitable activities 98.562 98,562 87,278 Total r•50urcos expended 98,562 98,562 87,278 Net movèment In funds 9,305 9.305 5,262 Fund balances at 1 September 2020 50,383 50,383 45,121 Fund balances at 31 August 2021 59.688 59,688 50,383 The statement of financial activities incI￿￿eS all gains and losses recognised in the year_ AJI income and expenditure derive from continuing activities. PETER PAN PRE-SCHOOL BATH STATEMENT OF ASSETS AND LIABILITIES ASA T31 AUGUST2021 2021 2020 Notss Current assets Cash al bank and in hand 59.688 SO,383 Cr&dltors: amounts falllng due wlthln one year Nel current assets 59,688 50,383 Total assets less Current liabilities 59.688 50.383 Incomg funds Restricted funds Unrestricted funds 59.688 50,383 59.688 50,383 The accounts were approved by the Trustees on .a.b.l Tr. l LL Mrs F Par50ns Trustee Mrs K Pannar Trustse PETER PAN PRE￿cHOoL BATH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2021 Accountlng poll¢les Charity infomiatlon PETER PAN PRE-SCHOOL BATH is an Unincorpor￿ tthy whose goveming document is a constitution. 1.1 Accounting Convention The accounts have been prepared in accordan￿ wlh the chartvs constitutior¢, the Charities Act 2011 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their a¢coun15 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. leffective 1 January 20191" The charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the prowsions in the SORP for charibes applwng FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The a¢countS are prepared in sterfing. vthich is the functional currerty of the charity. Monetary amounts in these financial ststements are rounded lo the neawt £. The accounts have been prepared under the hislorical cost conventson. The principal accounting policie6 adopted are set out below. 1.2 Golng concem Al the lime of approving the accourts, the trustees have a reasonable expectation that the charity ha5 adequate resources lo continue in operational existence for the foreseeable future. Thus the trustees continue lo adopt the going concem basis of accounting in preparing the accounts. 1.3 Charltsblè funds Unrestricted ftjnds are available for use at the discretion of the trustees in fvrtherance of their charitable objectives unless the funds havg been designated for other purposes. Restricted funds are subject to spectfic conditions ty donors as to how they may be used. The purposes and uses of the restricted funds are set out in the note5 to the accounts. 1.4 Incomlng rèsources Income is iecognised when the charity is legally entitled to it after any perfomianGe c￿dItionS have been met. the amounts can be measU￿d reliably, and il is probable that irbcome wll be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. 1.5 Cash and cash equlvalents Cash and cash equivalents include cash in hand. deposits held at call wth banks, other short-lerm liquid investment$ with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in ¢urrent liabilibes. PETER PAN PRE-SCHOOL BATH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 Charltsble actSvlties - In¢ome 2021 2020 Grants Fees and snack money Milk Other Fundraising 78,878 23,678 565 1,000 3,675 68,126 16,392 112 780 7,053 107,794 92,463 Investments 2021 2020 Interest receivable 73 77 73 77 Charltsble actlvltles - Expenditure 2021 2020 Wages and training Snacks Milk Play equipment Fundraising 83,388 912 523 1.953 340 77,155 695 184 955 659 87.116 79.648 Share of support costs (see note 5} Share of govemance costs (see note 5) 11,026 420 7.210 420 98.562 87.278 PETER PAN PRE-SCHOOL BATH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 Support and govgrnance costs Support Governance Costs costs 2021 2020 8asts of allocallon Repairs & maintenance Rent Insur8nce Administration wsts Sundries 752 6.804 507 239 2,724 752 6.804 507 239 2.724 95 Charitable activities 3.780 Charitable activities 446 Charitable activities 395 Charitable acts'vitses 2,494 Charitable ath"vities Independent examination 420 420 420 Govemance 11.026 420 11,446 7.630 Analysed be￿en Charitable activities 11,026 420 11.446 7,630 Governance costs ineludes payments to the independent examiner of £4201202 £4201.