Charity numbor 1080344 The Shore Pre-school Unaudited Accounts 31 March 2022
The Shore Pre-school Contents Tnjstees, annual report Independent examinels report statement of Finala1 Adivrties 24 Statement of Financial Position Notes tr) thè accounts
The Shore Pre-school Infomiatlon Trustees Miss K Constable IChairperson} Ms G Giles Ms M Pothecary A¢countsnts Cochrane & Co A¢¢ountants Limrted 38 lQ"ngs Road Lee-on-the-solenl Hampshire P013 9NU Bank•rn Lloyds TSB PIC Woolslon Branch Southampton Addr888 Weston Shore Infants School Foxcott Close Weston Southampton Hampshire SO19 7JQ
The Shore Pre-school Structure, GovernanrA and Management Trustee's annual report for the year ended 31 March 2022 The Iruslees present their report tcgether wtih the financial statements of the charty for the year ended 31 March 2022. The financial statements have been prepared in accordarlce wrth the accounting policies set out on page 7 and comply with the chantys consts'tuib"on, the charits Act 2022 and the Charib'es SORP. Governlng do¢ument The organisalion is constttubj wrlh ¢hantabl8 principbs govemed by a Standard Pre•School Leaining Aliance IPLA) constitution. In the event of the organisab'on being dissolved. the memtsers have no liabilrties. Any assets would be transferred to the PL Manang0m&nl commlttoe Committee members are ek¢bJ for a term of year. and can be rfrel&ted for a lotal term not to exceed ten consecutive years. Member4hlp Membership 1$ divided into tsvo types. famity and affiliate. Family memb8rshlp covers panIS and guardians of children attending the pre-school. Affiliate membership is open lo individuals, organisations or other bodies interested in supporting the aims of the pre-schcol. Objects Ind a¢tlvMI•• The organisalion's aims are to enhance the devèlopment and education, primarily und&r the stslulory school age. The organisatlon promotes these aims through offenng approprlate Play, educatson and care facilits'es. Publlc bengfft The main acts'wlies for public benefit undertaken during the year were the provisw)n of child care sessions from Monday to Friday for 38 weeks of the year. The trustees are responsible for the overall running of the pre-school and held regular maelings during the year. The Iruslees have had regard to the guanCe on public benefit issued by the Charitiés Commission. when exercising any rw)wers or duties to which the guidance may be relevant. Resorv08 polky The Iruslees have deuded that reserves a required to.. cover short tenn expenditure incurred whilst waiting for the next fvnding paymenL wowde security for the fvlure of the pre-school. enable the pre- school to meet statutory requiffjments for sick pay for rts staff arKI lo meet redundancy costs In the event of the prfrschool clong. At 31 March 2022 unrestrted reserves total £109.802 and restricted SerVeS totalled £nil. giving totsl reserves of £109,802.
The Shore Pre-school Structure, Governance and Management Trustee's annual port for the yoar ended 31 March 2022 Flnan¢lal revlew and fundlng The principal funding source continues to be the subsidy provkled by Scmjthampton Cty Council. These funds are topped up ty the fees charged to parents and guardians. tC•Jether with the other fund raising actwities. This year the organisation has conbnued to expand Ihe educab.on and care fxilrties to include specfft staff training and 4uipmenl for special needs childn. The organisation continues to work towards raising Th)ney for capital equipm&nL statement of trustggs rn6ponslblllties: The trustees a responsible for preparing the Trustees. Annual Report and the financial statements In accordance wlh appli¢able law and Unrted Kingdom Accounting Standards (United Kingdom Generally Accepted Aeujunting Practice). The law applicable to Chan1 in Engknd & WaWNorthem Iland requires the trustees lo prepa financial statements for each financ1 year which gNe a tru8 and fair vi8w of the State of affairs of the charity and of the incoming resources and application of resour of the charity for that Feri(yJ. In preparing these financial statements, the trustees a required to.. -select suitable a¢¢ounling poliaes and then apply them consistently., bserve the methods and principles in the Charilies SORP 2015 (FRS 102)., -make judgements and estimates that are reasonab and prudent". -stale whether applicable accounts'ng standards have been followed, $ubj8Ct to any materfal epartures disclosed and explained in the financial ststements. -prepare the financial statements on the going c¢)nc8m basis unless It is inappropriate to presume that the charity will ¢onJnue in operatson. The Iruslees ar8 rosponsible for keeping proper accounts'ng records that disclos? with reasonable accuracy at any time the financial position of the charty and enable them to ensure that the financial statèments comply with the Charit$ Act 2022. the Chariti'es (Accounts and Reportsl Re9ulation8 2008 and the provisions of the trust deed. They a alw respansible for safeguarding the assets of the charity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularib'es. Approved by the management ¢ommrttee on qliiliz Signed on ifs behalf ty. Katrina Constable Chalr
The Shore Pre-school Registered charity number 1080344 Independent Examinerfs Report to the Trustses of The Shore Pre-school on the accounts for the Year ended 31 March 2022 l port to the chartty trustees on ry examinatb)n of the accounts ot the Charity for the year ended 31 March 2022, which are set out on pages 5 to 8. onslbllltles and basls of re As the charity's trustees you are res[sIble for the preparation of the alnts in accordance with the requirements of the CharitEs Art 2022 {'the Acr). I report in respect of my examination of the ¢harWs accounts carried out under section 145 of the Act and in carying oul my examination I have followed applicable Directions given by the charity Commi$ston under section 14515){bl of the Act Inde endent Exarnln•r' nt I have completed my examination. I confimi that no material matters have Come lo my attention in connection wrth the examination giving me tUSe lo telve that in any materkal respect. 1. accounting cOrdS were not kept in respect of the chadty as wuired by section 130 of the Act,. or 2. the accounts do not accord wth thos8 records,. or 3. the accounts do not comply with the applicable requifemenls ncernIng the ft)m) and content of accounts set out in the charities (Accounts and Reports) Regulations 2008 other than any reqlbirement that th8 accounts give a 'true and kir viev/ whh is not a matter considered as part of an independent examinatron. I have no concems and have come across no other matters in connection wth the examinallon to which attention should be drawn in this reF4)rt in order to enable a propor understanding of tha accounts to be reached. J Co¢hrane, FCA Cochrane & Co Accountants Limiied, 38 Kings Road. Lefron-thtrSolen( Hampshire, P013 9NU 14Jiili
The Shore Pre-school Statement of Financial Activities for tho year ended 31 March 2022 Unrestricted Restricted Totsl Funds funds funds 2022 Total Funds 2021 In¢oming resources Grants Fees Fundraising Bank interest Donab"ons Other grants Other Total Incoming resources 188,401 13,185 231 188,401 13,185 231 213.438 5,290 13 40 14,724 601 601 15,840 132 218,399 15,840 132 202,559 15,840 233,953 Resources expended Fee earning activities Wages and salaries Employels Nl Employers pension Rent Insuran Recruitment Milk Clothing costs Fundraising costs Trips and events Christmas Equipment. including garden 170.426 5.719 2,810 10,751 981 15.840 186,266 5,719 2,810 10,751 981 148 4.537 1,584 43 173,035 4,267 2,489 10,338 981 4,537 1,584 43 2,558 1.042 99 531 7,451 531 7,451 7,394 204.981 15.840 220,821 202,247
The Shore Pre-school Statement of Financial Activities for the year ended 31 March 2022 Govgrnanco costs Bookkeeping Stationery. postage and photocopying Accountancy Telephone Repairs and renewals-propety 1.180 1.096 1.146 637 156 1,180 1.096 1,146 637 1,210 1.524 1.092 917 5.904 F 111 Subscriptions Staff training Depreciab'on D8S Cleaning Other 50 2.330 2.672 448 1.623 2,657 50 2,330 2,672 448 1,623 2,657 50 630 3,302 263 2,555 1,851 13,995 19,298 Total rnsources expend•d 218.976 15.840 234,816 221,545 Net Incomlng resources 16.417 16,417 12,408 ReconcSllatSon of nds. Tot81 hjnds brought forward 126,219 126.219 113,811 Totsl funda carrled fofward 109.802 109.802 126,219
The Shore Pre-school Statement of Financial Posttlon as at 31 March 2022 2022 2021 Flxed assets Equipment, machinery and motor vehicks 12 8.013 9,904 Current 08uts Stock of clothing Outstanding fees Cash at bank Cash in hand Prepayments 150 668 101.952 501 1.002 150 116,387 242 981 118.204 Curront Ilabllltles Accruals 2.484 1.889 Not curront a88•ts 101,789 116,315 Not a•8ets 126,219 Unrestrictod fund8 General fund Net surplusl(deficlt) for the r 126.219 (16.417) 113,811 12,408 109802 126,219 These accounts wore approved by the trustee8 on ql,,I 21 and svJned on ifs behalf by., Katrina Constablo Chalr
The Shore Pre-school Notes to the Accounts for the year ended 31 March 2022 Accountlng pollcles Basls of prepardtion of accounts The accounts have been compiled on an accrua basis for the infomab.on of the pre• school committee and it's members. As such, the preparation of these accounts is governed by the SORP IFRS 1021. The chanty is unincorporated. The charity is a public benefit entty. Incomlng resources All incoming resources are included in the Statement of Financial Activities. when the charity becomes ents.tied to the income and the amount can be quantffied wrth reasonable accuracy. The following SFecrfic wlicies are applied to particuLar catagories of income.. Fee income is received from the local Education Authority and from parents and guardians. This is included in the accounts on a received ba>s. Clothing, brochures and items for resale are included as income when they are sokl. Income from grants and subsvjies are accounted for when receNed. Outgoing resources Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT, which cannot be recovered and is rewrted as part of the expenditure to which it lates. charitab expenditure comprises those costs incurred by the organisatr.on delivering ils services to the members. It includes tx)th costs that can be allocated directly to such activrties and those costs of an indirect nature necessary to suprM)rt them. Govemance costs include those costs associated meeting the ConstitiOnal and statutory requirements of the organisabon. Fund accounting Unrestricted funds are awdilable for use at the dIscren of the management Committee in rtherance of the aims of the organisab"on. Stocks Stock represents the value of unsdd ckjthing and brochures at the balance sheet date. Depreclatlon Depreciation has been provided at 25% reducing balance