Charity Registration No. 1074136 PETER PAN PRE-SCHOOL BATH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 PETER PAN PRE-SCHOOL BATH LEGAL AND ADMINISTRATIVE INFORMATION Trusteès Mrs F Parsons Ms C Moor Mr B Gardiner Ms S Thomber Ms J Bishop Charity number 1074136 Prin¢ipal address Methodist Church Hall Kennington Road Bath. BA1 3EA Indèpendènt examiner Mr P J Barton FCCA ART Accountsnts Limited Ground Floor 11 Manvers Street Bath BA1 1JQ Bankers Lloyd5 Bank 47 Milsom Street BA1 1DN PETER PAN PRE-SCHOOL BATH CONTENTS Page Trustees, report Independent examinerfs report Statement of financial activities Balanee sheet Notes to the accourbts PETER PAN PRE-SCHOOL BATH TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2022 The trustees present their report and accounts for the year ended 31 August 2022. The accounts have been prepared in accordance wth the accounting policies sel out in Note 110 the accounts and comply with the charity's Constitution. the Charities Act 2011 and 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their a¢counts in accordance with the Financial Reporting Siandard applicable in the UK and Rewblic of Ireland IFRS 1021 leffecttve 1 January 20191" Objectlves and activltles The object ol the Charity is to enhance the development and education of children primarily under slalutory school age by encouraging parents to understand and providè for the n68ds of their children through community gioups. We offer affordable and fully inclusive li.e. open to all a￿a5 of the Gommunity from Ih05e wlh special needs to Ih05e on low income) preschool education to the under 5's_ By implementing the EYFS O-5 curriculum, investing in our staff and fostering a nurturing environment we enhance Ihe education and development of our Children. Achievèments and perforn)ance During the year we provided Pre-school Education for 33 local families, making sure that each child left lo lake up their place at Primary School fully prepared and. if necessary, wth the supwrt and funding in place lo enable them lo flourish. We continued to implement the EYFS O-5 Curriculum and lo work wth families and SUPFX)rt agen¢ie5 of SEN children to provide them wth an inclusive Pre-school Education. Fundraising efforts saw funds raised lo enhance the outside leaming spaces and re￿ace our indoor tsbles. Our Leadership Team embraced their roles and worked hard to support the team through regular access lo training and regular Supervision and Appraisals. Al policies wefe reviewed and a Safeguarding Audit carried out. We also conlinugd lo remain Ofsted ready as a team of Trustees and staff. Futuro Plans The next year lo August 2023 wll bring the ehallenge of ensuring that Pre-sch¢)ol remains financially viable wlh the gap be￿een funding and the ¢osl of delivery evei widening and increases in ￿nI and the National Minimum Wage imrllinenl. Fundraising remains difficult post Covid so most likely wll be a review of our fees. Flnanclal review The Trustees recognize the need lo maintsin 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 or10s5 of Our rented piemises could be exaTnples of these 11 is our policy to hold in reseive the equivalent of 6 months of running costs al £7,000 per month represented in the free reserve5 figure of £60,688. PETER PAN PRE-SCHOOL BATH TRUSTEES, ANNUAL REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST2022 Structur&. governance and management Peter Pan Pre-school Bath is formed undei a Constitution dated 21 January 1999 as amended on 11 October 2011. 11 Is a registered charity, with charity number 1074136 and lakes the legal fom of a members, association. The Gommittee members and staff who served during the year were as follows" Chairperson C Moon Treasurer B Gardiner Secretary S Thomber Ordlnary members F Parson5 K Pamiar Pre-school Leaders M Jones arKI K Carter Pre￿Chool Staff S Walton, J Bolton, F Parsons, J Puryer, S Woods-smilh. C Matthews Trustees are appointed by a vote 31 the Annual General Meeting. The board of trustees have the power to appoint new or additional trustees and to remove any trustee provided the number of trustees does not fall below minimum ol three. The Iruslees who served during the year were- Mrs K Parmar (Resigned October 2022} Mrs F Par50ns Mrs C Moon MT B Gardiner Mrs S Thomber Ms J SavDry IResigned October 20211 Mrs S Matthews IResigned October 20211 Mr J Horwood (Resigned O¢lober 20221 Ms K Townsend (Resigned October 2021) Mrs J Pallavi Lanka (Resigned October 2021) Mrs J Bishop (Appointed October 20211 Public benefit We have had regard to the guidance contained in the Charity Commission's general guidance on public benefit and referred lo it when reviewiag our aim and objectives and in planning our ftrture a¢tivilies. The Iruslees, report was approved by the Board of Trustees. Mrs F Parson$ Trustee Dated. o.Ib.l L PETER PAN PRE￿cHOoL BATH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PETER PAN PRE-SCHOOL BATH I ieport on the accounts of the charity for the year ended 31 August 2022. which are set out on pages 4 to 8. Respective responsibilit1￿ of trustees and examlner The ¢harity's trustees are resK>onsible for the P￿paratIOn of the accourts. The charity's trustees consider that an audit is not required lor this year under section 144{2) of the Charities Act 2011 (the 2011 Acll and that an independent examination 15 needed. It is my responsibility lo.. examine the a¢¢ounls under section 145 of the 2011 Act., lill lo follow the procedures lard down in the general Direth"ons 94ven by the Charity Commission under section 14515llbl of the 2011 Act.. and liiil to slate whether particular matters have come to my attention. Basis of independent examinerf$ report My examination was carried out in ac¢ordan¢e with the general Directions given by the Charity Commission. An examination includes 8 review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the a¢counts. and seeking explanats'ons from you as tnjslees con¢eming any such matters. The procedures undertaken do riot provide all the evidence that would be required in an audit and consequently no opinion is given as lo whether the accounts present a 'true and lair view and the report is limited to those matters set ¢xt in the next statement. Indepèndent examinerfs statement In connection with my examination. no other has Come lo my attention". lal which gives me reasonable cause to believe that in any fflaterial respect the requirements.. to keep ac¢ounting records in accordance with section 130 of Ihe 2011 Act." and lill to prepare accounts which accord with the accounting records and comply wlh the accounting requirements of the 2011 Acl-, have not been met or Ibl to which. in my opinion. attention should be drawn in order lo enatje a proper understsnding of the accounts lo be reached. Mr P J Barton FCCA ART Accountants Limited Chartered Certified Accountants Ground Floor 11 Manvers Street Bath BA1 1JQ Dated.. I s Zoi3 PETER PAN PRE-SCHOOL BATH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022 Unrestricted Restricted funds funds Total 2022 Total 2021 Notes Income from: Charitable a¢tivilies Investments 105,955 18 105,955 18 107,794 73 Total income 105,973 105,973 107,867 Ex Iture on: Charitable activities 104.973 104.973 98,562 Totsl resources expended 104.973 104.973 98,562 Not movement in fund$ 1.000 1,000 9,305 Fund balances at 1 September 2021 59.688 59.688 50,383 Fund bolanctrs at 31 August 2022 60,688 60,688 59,688 The statement of financial activities irKludes all gains and losses recognised in the year. All income and expenditure derive from Gonlinuing acb"wtie5. PETER PAN PRE-SCHOOL BATH STATEMENT OF ASSETS AND LIABILITIES ASAT31 AUGUST2022 2022 2021 Notes Cyrrent assets Cash al bank and in hand 59,688 Credltors.. amounts falling due wlthin one year Nel current assets 60,688 59.888 Total as$ets less current Ilabilitles 60.688 59,688 Income funds Restri¢led funds Unreslricled funds 60.688 59,688 60,688 59,688 The accounts were approved by the TnJstees on . Mrs F Parsons Trustèe Mrs C McK)n Trnstee PETER PAN PRE-SCHOOL BATH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2022 Accounting policies Charity Informatlon PETER PAN PRE-SCHOOL BATH is an unincorporated body whose goveming document is a constitution. 1.1 Accountlng convention The accoLJn15 have been prepared in accordance wth the charity'5 conslilution. the Charities Act 2011 and 'Ac¢ounting and Reporting by Charitses". 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 IFRS 1021" leffe¢live 1 January 20191. ¢harity is a Publi¢ Benefft Entity as defined by FRS 102. The ¢harity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not lo prepare a Stslemenl of Cash Flows. The aecounts have departed from Ihe Charities (Accounts and Reports) Regulations 2008 only to the extent required lo provide a true and fair view. This departure has involved followng the Statement of Recommended Piaclice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred lo in the Regulations bui whieh has $ince been withdrawn. The a¢¢ounts are prepared in steding, which is the functional currency of the charity. Monetsry amounts in these financial ststements are rounded to the nearest £. The accounts have been prepared under the hislortcal cost convenb"on. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the accounts, the trustees have a reasonable expectslion that the charity has adequate resour¢es lo Continue in operational existence for the foreseeable f￿ure. Thus the trustees continue lo adopt the going concem basis ol accoijnting in preparing the account5. 1.3 Charftable funds Unrestricted funds are available for use al the diseretion of the trustees in futherance of their charitable objective5 unless the funds have been designated for other purpose$. Restricted lunds a￿ Subject tg specÉfi¢ condits"on5 by donors as to how they may be used. The purposes and uses of the reslncted ftjnds are sel out in the notes to the accounts. 1.4 Incomlng resources Income is recognised when the charity is legally entiued to it after any perfomiance conditions have been met, the amounts can be measured reliably, and il is probable that income wll be recetved. Cash donations are recogni5ed on receipt. Other donations are recognised once the charity has been notified ol the donation, unless pertomance Conditions require deferral of the amount. 1.5 Cash and cash equlvalents Cash and cash equivalents include cash in hand. deposits held at call banks. other short-lem7 liquid investments with original maturities of Ihree months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in cUr￿n1 liabilities PETER PAN PRE-SCHOOL BATH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Charitable activltles - Income 2022 2021 Grants Fees and snack money Milk Other Fundraising 67,561 31,871 537 78,878 23.676 565 1.000 3,675 5.986 105.955 107,794 Investments 2022 2021 Interest receivable 18 73 18 73 Charitable activities - Expendlture 2022 2021 Wages and training Snacks Milk Play equipment Fundraising 85,539 978 797 3.021 552 83,388 912 523 1,953 340 90,887 87,116 Share of support costs Isee note 51 Share of govemance costs (see note 5) 13.666 420 11.026 420 104,973 98,562 PETER PAN PRE-SCHOOL BATH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2022 Support and governance costs Support Govemance co$ts costs 2022 2021 Basis of allocatlon Repair5 & maintenance Rent Insurance Administration costs Sundries 1,220 6,804 587 1.220 6.804 587 752 Charitable activities 6,804 Charitable activitie5 507 Charitable activities 239 Charitable aGtivities 2,724 Charitable activities 4,208 4,208 Independent examination 420 420 420 Goveman¢e 13.666 420 14.086 11,446 Analy5ed between Charitable a¢livities 13,666 420 14.086 11,446 Govemance costs includes payments lo the independent examiner of£42012021- £4201