REry8TFRFfi CHARITY NUMBER.. 11179909 R•port ofth• Trusts¥¥ and FlnJffl¢l•l 8tJl•mAnts forth• Y•ir ETrdvd 31 August2020 for NESTLINGS PRE 8CHQOL Blcthfldds Th6 Couttyard 33 DukE SireEt TroMOndg8 BA14 8EA
NESTLINGS PRE SCHOOL Contonts of ¢h• Flnah¢lAI siat•M¢nt• FOR THE YEAR ENDED 31 AUGUST 2020 R•pDrtof th• Truste• Ind•pwd•nt Examlffl•rfs R•pori St•l•mDntof Flninclal ACtfvi StatomBnt•f Fln4n¢l41 Polltknn tr*thv FIMn¢lal 8tsl•mgnls 5 to 9
NESTLINGS PRE SCHOOL R•port Dfthe Trust•S FOR THE YEAR ENDED 31 AUGUST2020 Th• truEle•s present Ih•ir report wrth fin¥ncial 5t£lèrnenls of Ihè tharily for the year ènded 31 August 2020. Thè Iwslees have adopted ihe provision5 of Accounting and Reporting by Ch8ri11gs. Staltmenl of Racommend8d Pr£eti¢ applicable lo charfies preparing Ih&ir accounts in accordancg with the FinanG181 Rtrporting Stsndard applicable the UK and Flepublic of Ireland IFFIS 1021 (effecti 1 January20191. OBJECTNES AND ACTIVITIES Obj•¢tlvès 4nd alms ThÈ ¢harily aims lo prowdtr a safe. sbtTrulalin9 and friendly ¥nvironmenl. thich also gnsures equal OPPOthnilie5 for aN children and families. ChildrTr under $¢hwl ¥re enhanced in thr d8velopm$nt and educaiion in a totnmunlty b85ed pawt Invofviw group. FINANCNL REVIEW Resems policy ThÈ ¢harily has a polKy to tnainlaSn adequate feserves In orderto fulfil rf¥ fjJnclion$ lora penod afterany l¢¥s of In¢ome. In aceord8Trce with thi5 polley. an allocation has beèn tnade of £17.000 Df serVeS as a rBdundanty fund. An addilion$l £3,500 has been 8llocated as a eontirypncy fund lo cover tunning cosi$ wilhoul any funding for a pariod of Ihrge rnonths. Finally, £3.OOD of ¢etYes h8¥ b£en allorated to PDtsnlial Council grant réclaims, and £3,000 for any emergenty STRUCYURE, GOVÈRNANCE AND MANAGEMENT Gtsv•ming dtsrum•nl The charity is controlled by Ita goverDiW document. a deed of trust and con$tileS an unincorpDrnted charSty. REFERENCEAND ADMINISTRATIVE DETPJLS Reglst•r•d numb•r 1079909 Principal addr•ss SchDDI Lane Stsverton Trowbridge BA14 6NZ TYu¥tees M Girdstone Chair K TrPbb Setrglary S Williams Treasurer Iresigned 1.3.201 C Hilli5 Twasurer lappoinled l.3.201 Indep•ndfjnt examln•r Blomfields The Courtyard 33 Duke Street Trowbrid9e BA14 8EA Approved by orderof th6 bDard of Iwslees on 18 May 2021 and sicrd on its bèhall by.. kJFobblL K Trebb- Twstee Page 1
Ind•p•ndont Exarnln•¢6 R¢porttD Ihg Twst••S of N•stlings SChL51 Ind•p•Dd•ntexamln•rfs r•porttothg trust•s of NO511$ Pvg SchDoI I r8pDrt io Ihg charity twsie9$ on my examlnation ol Ihe g¢counts ol N•8tlingi Pre SchDd (thè TrU61}tr end 31 Augus12020. R•spDn4lbllltl•z •nd ba61B of rwrt As lh9 charity tru$was of Tru6t you ale responsiblè foi ihe ptBpBrnlion of the accounts in Wrth tr rèqvir•mants Dlthe Cha[it5 Aci 2011 IlheAcVI. I r8portill 1gsp8cI of my examinatiDn of th• Ttusfs B¢¢0unt8Cattd oul under5e¢bDTr 14Sol th Act8nd in ¢Brrying out my gxztnin8llon I followed all Dirathons tyihè Ch8r1tyCDmmi$$n undèr seen 145ISXblof thg Ind•pvnd•nt •xaminrf6 $tat•rn•nt I hav& compleied my 8xaminaiion. I canfiTm ihal no rnaterial matt8ts hevè com8 ts my gttenbon in Con¢bn tho ox8minaDon givino mo ¢aus8 to belleve that in any rnatBrial iesped. aGtounbng iètord5 wora notkèpi In spEcto11hfj TTu$t Bs reqiMIBd bys9¢tn 130 olihe knt., 4r the a¢counts do noigcwrd ih069 18cordS", QI the 8tt0unts do noi ¢omply with Ihe applicab wuirpfflents conumins the forrn wntenl of accounts s•1 oulin ihe Ch8iiti85 (Accounts and Reports) Regula1 2008 oth•r any ieouir8m8Trlthat ihe aCCty 9ive o and Iwr viawwhKh 15 not a mattel cons8red as pgtiof an Ir8PTrdentexQfflInatlOn. I h2vÈ no and hava c¢the a¢ro6$ nTrOlr mattets in nnctinNth th8 Examinollon to which OttentTh ¥hould b8 in this rapurtin ord8rto EnÈble a proper undery&tsndino of accounis to t8a¢hed. Bbmfields Thg Gourtyatd 33 Duka SltE•i TrOYhn¢g8 BA14 8EA 18 May2021 Pegfr2
NESTLINGS PRE SCHOOL $t•t8m•nt of Finantial Activitie5 FOR THE YEAR ENDED 31 AUGUST 2020 2020 Ut)ro8trfct•d fund 2019 Total funds Not8s INCOME AND ENDOWMEMTS FROM Donation5 and legacies 4,924 11.054 Charltabl• activities WCC Grant5 97,890 97.879 Inve$lm8nl Incoma 22 25 Totsl 102,836 108.958 EXPENDITURE ON R8i$ing lunds 227 926 Charitable activities Charktable 8ctsvities 109,465 101.356 Total 109,692 102.282 NET INCOMEIIEXPENDITUREI 16.8S61 6.676 RECONCILIATION OF FUND$ Total funds brought loard 70.264 63.588 TOTAL FUNDS CARRIED FORWARD 63A08 70.264 The note5 fomi part of thes8 finana&l st8tem&nls Page 3
NESTLINGS PRE SCHOOL Staioment of Fln¥ncial Po8ltloTh 31 AUGUST 2020 2020 Urbr8strl¢ted fund 2019 Total funds Notes FIXED ASSETS Tangible asstrls 9.530 5,786 ¢LIRRENT ASSETS Debtors C8sh al bank and in hand 13 55,894 7,070 58.917 55.907 65,987 CREDITORS Amounts falling due vAthin one y&ar 12.0291 11.5091 NET CURRENT ASSET8 S3,878 64.478 TOTAL ASSETS LESS CURRENT LIABILITIE5 63.408 70,264 NET ASSETS 63A08 70,264 FUNDS Unrestri¢l8d fund& 63,408 70.264 TOTAL FUNriS 63.408 70.264 The financlal slgternènts were approved by th8 Board of Trustee5 and aulhori58d for Issue on 18 May 2021 and were signed on bohgK by.. K Tr8bble- Ttustse Thè note5 foTm part of th&s8 financial statements Pag8 4
NESTLINGS PRE SCHOOL NrJto$ to the Financial Statements FOR THE YEAR ENDED 31 AUGUST 2020 Ac¢ouimNG POUCIES Basis ¢Jf preparing the financlal statement5 The finan¢ia1 slal¢menls of th8 ¢h8rily. which Is a public benefrt entity under FRS 102. have been prepared in ac¢ord8n¢& wlh tha Charili8s SORP IFRS 1021 'A¢¢ounling and Reporting by Ch8ri1ies.' Statement of Recommendèd Practi applicable to Gharilies preparing their accounts In accordance wilh the Financial Reporknng Standard applicable In the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191,. Financial Reportiny Standard 102 Thè Financial Reportin9 Stsndard applicable In the UK and Republic of Ireland, and thè Charilies Act 2011. The financial stal8m8ni$ have b8en prepared undar the histon¢al cost convention. Income All incom8 Is recognised in thè Slatsmènl of Financial Aclfvlties onc8 the charity has entitlement lo Ihe funds, it is probable that the in(x)me will be received and Ihe amounl can bè measured reliably. Expenditure Liabilities are recognised as expendilure as soon as thèts is a legal or constructive oblKJation cemmitbny the charity to that expenditure, il 15 probable that a transfer of economic benefrts 11 ba wuirèd in settlement and the 8mounl of the obligation can be me8sured religbly. Expenditure is accounted for on an accruals basis and h85 been d¥ssifi¢d under headings that aggregate all ¢ost relgled lo the category. Where costs cannot be dirèctly attribuiad to particular hèadin9s thty have been allocated lo aclivlties on a basis con$i$tenl with the us? of resources. Tangible fixed assets DtprtCl81ion 1$ provided at thè followny annual rates In order to write off each ass81 over its estimated us8fu1 Plant and ma¢hin¢ry Fixtures and fillings Computer Bquipmenl 25VA On r8du¢ing balan¢& 25% on reducing bal8nc8 33% on reducing balancè Taxation The charity 18 8x8mpl from lax en ils charitable acti¥Alies. D•btors and ¢r8dltors rs¢el¥able I pay8bl* withln one y08r Debtors and creditors th no staled intere51 rale and receivable or payable within one year are recorded al tr8nsaclion price Any losses ansing from impaimienl are recogn15ed in expenditure. Impalrniont Assets not measured al fair value are re¥Wed for any indicatiDn that thè asset may be impaired at each balance sheet d81e. If such indication exists. the recoverable amount of the 85set. or the asset's cash generating unit, Is eslimal8d and compared lo tha carryino amoJnl. Where the Cawno amount ex¢e8ds ils recovèrable amount, an impairmenl105$ is recDgnised in profil or loss unless the asset is ¢arrie(J at a revalued afflounl where the impairment1055 is 8 revaluglion decrease. Fufid accounting Unr8slri¢l8d funds can b8 used in axord8nc8 th the charitable obj8clwes al Ihe discretion of Ihe trustee8. Re51ricled fund5 can only be used for particular restricted purposes wlhin the obj'ects of the chBrity. Restrictions aris8 when spefied by the donor or whan funds 8re raised for p8rticular reslricled purposes. Further explanation of the nalure and purpose of each fund is included in thtr ntrtè6 to the financial slattrm8nts. Pension costs and oth&r p05tllretirernent berEefits Tha chanly oparales a definèd conlribulion pension s¢hem8. Conlribulion$ payable lo the charity's pension scheme are charged lo the Statement of Financial Activities in the pèriod lo which they relat8. Page S cA)ntiriued.,.
NESTLINGS PRE SCHOOL Notes to th• Flnan¢lal statèments. ¢ontlnuod FOR THE YEAR ENDED 31 ALIGUST 2020 INVESTMENT INCOME 2020 Interest receiv8ble- trading 2019 25 TRLISTEES. REMUNERATION AND BENEFITS There were no trustees, r8munèr81ion or other benolfts for Ihe year ended 31 August 2020 nor for the year ended 31 August 2019. Tru$tèe¥' expensoE There were no 31 Augusi 2019. Inj$es. expenses paid for the year ended 31 Au9USt 2020 nor for the year ended STAFF COSTS Th8 average monthly number of em0Y•es durin9 th8 ye8rw&s as follows.. Staff 2020 2019 No 8mploye8s emoluments in excess of £60.000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIE5 Unrestricted lund INCOME AP4D ENDOWMENTS FROM Donations 8nd legacias Charitsblo a¢tlvlti•$ WCC Gran15 11.054 Investrnenl incomè 97,879 Total 25 108,958 EXPENDITURE ON Raising funds Charitable activfti Charitable activities 926 101,356 Totsl 102,282 NET INCOME 6.676 RECONCILIATION OF FUNDS Yotal funds brought forward 63.588 TOTAL FUNDS CARRIED FORWARD 70.264 Pa9e 6 continued...
NESTLINGS PRE SCHOOL Not to the Fin4ncial Stat•rn•nl$- ¢onlThug4 FOR THE YEAR ENDED 31 AVGUST 2020 TANGIBLE FIXEOASSETS Fiywres and aniand rn•inKy Cutnput8r quitwngnl ToiÈls COST Al 1 SeptBtnb8r2019 Additions 3,299 12.850 8.965 3,696 19.841 6.969 Al 31 August 2020 3,295 19.819 3,696 26.806 DEPRECIATION At 1 Septemb8r2019 Chèoe foi yeaT 2,482 303 438 ?44 3,134 174 14.055 &221 At 31 August 2020 2,fj85 3AOB 17.276 NET BOOK VALUE At 31 August 2020 fj1 8.532 9.530 A131 Augu9t 2019 813 562 5.7a6 DEBTORS.. AAIOUNTS FALLING DUEWITH114 ONE YEAR 202 2019 Trad8 dab Pr8paym8nLs 13 378 6.692 13 7.070 CREDITORS.. Njiouwrs FALLI+JG DVE wrrHIN ONE YEAR 2020 2019 Taxollon and 9158llty 0¢ creditors 1.$53 476 1,034 475 2.1128 1.509 IIOVEMENT IN FUNDS movéffignl In fu5 Al Genetal fund 70.264 141561 63AO8 TOTAL FUNDS 70264 Pag8 7 conlhiued...
NESTLINGS PRE SCHOOL Notos to the Financial Statemerbts. continu?d FOR THE YEAR ENDED 31 AUGUST 2020 MOVEMENT IN FUNDS- contlnuod Nel movement in funds. induded in the above 8re as follows.. Incoming sources Flesources ended Movement in funds Llnrestrtcted funds General fund 102,836 1109,6921 16.8561 TOTAL FUNOS 102.836 1109.0921 16,8561 comparat1$ for movom8nt In funds Net movement In funds At 31.8.19 Al 1.9.18 Unr•tstrlct•d funds General fund 63,588 6.676 70.264 TOTAL FUNDS 63,588 6.676 70.264 Comparative n8t movèment in fvnd8. Includad in tt)e above are as follow?.. Incoming resources Resouroes expended Movement in funds Unrostrfjcted fvnd8 GBneral fund 108,958 1102,2821 6.676 TOTAL FUNDS 108,958 1102.2821 fj.676 A current year 12 rnofjlhs and prtor y&ar 12 months cofflbined position 15 8$ ft>lbw5.' Net movement in funds At1.9.18 31.8.20 Llnrestrlcted funds General fund 63.588 63,408 TOTAL FUNDS 63,588 63,408 Page 8 (x)ntinued...
NESTLINGS PRE SCHOOL Notes to thè Finarhcial Stat•ments- contlnued FOR THE YEAR ENDED 31 AUGUST 2020 MOVEMENT IN FUNDS. Continued A current year 12 months and prior year 12 months combin8d nal mov8rn8nt in funds. induded in the above ar• s follows.. Incotning r8sourc8S Resources expended Ivemenl in funds Unrestrictèd funds General fund 211.794 1211.9741 11801 TOTAL FUNDS 211.794 1211.9741 11801 10. CAPITAL CommMENTs 2020 2019 Contracted but not provided for in the financi81 slalements 6,692 6,692 11. RELATED PARTY DISCLOSURES The wefy nts related party transactions for tt)È yÈarÈnd&d 31 August 2020. Page 9