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2022-08-31-accounts

Charity no. 1081076

Christ Church Pre School (Hanham, Bristol)

Report and Financial Statements

31 August 2022

Christ Church Pre School (Hanham, Bristol)

Contents

For the year ended 31 August 2022
Page
Reference and administrative details 1
Report of the trustees 2
Independent examiners report 7
Statement of financial activities 8
Balance sheet 9
Statement of cash flows 10
Notes to the financial statements 11

Christ Church Pre School (Hanham, Bristol)

Reference and administrative details

For theyear ended 31 August 2022
Charity number 1081076
Operational Church Road
address Hanham
Bristol
BS15 3AE
Trustees Sarah Jefferies Chair
Sally Gingell Treasurer
Marie Smith
Hayley Bally
Laura Thomas
Joanne Chambers
Rebecca Rex-Brown
Accountant Stepping Stones Accountancy Limited
7c Hanham Hall
Whittucks Road
Hanham
Bristol
BS15 3FR

1

Christ Church Pre School (Hanham, Bristol)

Report of the trustees

For the year ended 31 August 2022

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities (effective from January 2015).

Governing document

Our Governing Document is the Pre-School Learning Alliance Pre-School Constitution 2012 (Standard Version).

Chair Report

We started in September without Covid restrictions in place for the first time in my time here meaning parents were able to enter the building to drop off, pick up and settle new children. Most of the children came into the setting with minimal support and the new children settling very well.

In September, we started with 39 children which is always a bit of a drop with a number of children leaving to join their Primary schools. Marie and the staff worked very hard settling new children into the preschool and continuing to make it the lovely environment we all know and love. We continue to have a great reputation within the Community and numbers rose throughout the year with 55 children with us by the end of the year.

Our aim for 2021/2022 was to ensure all the children received the best Christchurch preschool experience which we achieved even with a number of challenges, notably COVID cases and restrictions returning in the winter and the loss of the Church Hall as a venue for 2 terms from Christmas to Easter. The committee and I would like to take this opportunity to thank the ALL the staff who worked so hard to help us overcome these challenges often going above and beyond to ensure the smooth running of the pre-school with minimal disruption to the children’s learning, development and enjoyment.

We cannot continue at this point without highlighting Marie and her continued dedication to the preschool and its children – Marie is the driving force behind everything that makes Christchurch what it is from galvanizing, looking after and developing the team to the lovely activities (and now pets) the children have and the support for me in taking on this role. Marie I cannot thank you enough and, as was said at this point last year, and still remains more than true today – Christchurch Pre-school would not be the same without you!

2

Christ Church Pre School (Hanham, Bristol)

Report of the trustees

For the year ended 31 August 2022

FUNDRAISING:

We were able to hold the in person events which has helped fundraising massively and allowing us to raise over £1000 this year!

Events this last year (September 2021- August 2022) have been our: Sponsored Walk £100.00 Christmas Fair £553.49 Pamper Evening £310.78 Easter Bonnets £12.00 Summer Disco £385.54 Total raised from our events £1,361.81

We have also raised...

£185.00 through the Bag 2 School Scheme and commission from Concept Photography £26.32 through Amazon Smile £51.80 Co-Op Community fund scheme

That’s a TOTAL of £1,624.93

3

Christ Church Pre School (Hanham, Bristol)

Report of the trustees

For the year ended 31 August 2022

Using our fundraising money we have purchased the following: £160.69 Christmas fayre expenses £20.00 Gambling license £133.49 Dress up items, books & wooden toys £253.81 Christmas Party resources £512.50 Radiator covers £127.76 Pamper evening expenses £285.43 Summer disco expenses £318.00 Living eggs £539.96 Mini freezer, parasol & weights £2,351.64 Total spent

Thanks to all of the Committee, staff and parents which have helped us raise this money and allowed us to buy valuable resources and equipment for the pre-school. At the start of the year there was an aim to use fundraising to fund a cover for the garden however given the challenges with the venue anything permanent has not been possible but I am pleased that we were able to purchase the parasol which will go some way to making the garden more useable – particularly in the summer due to the extra shade.

STAFFING:

Due to the increased numbers of children and the desire for enhanced ratios to support our children with additional needs we took Marie H on permanently and recruited a new temporary staff member at Easter – Brogan - who has settled in really well and has now joined the team permanently. Esther continues to thrive and develop under Marie’s leadership and is continuing her apprenticeship with us. Sacha continues to be our Special Educational Needs Co-ordinator and is doing an amazing job in supporting the children with additional needs. Emmaline has been doing a fantastic job of keeping our accounts up-to-date and organising the budget for the next year.

In April staff received a pay rise, where required, as part of the pay scale introduced in 2021 and at the end of the academic year the Committee made the decision to provide everyone with a 2.5% further pay increase to recognise their contribution and recognise the increased cost of living currently being faced. This was a straightforward decision as we all agreed that staff have worked so hard over a challenging period and we wanted them to feel valued and appreciated and to say thank you for everything they do. So Marie, Sacha, Julie, Vickie, Mandy, Donna, Marie, Esther, Brogan and Emmaline THANK YOU VERY MUCH.

4

Christ Church Pre School (Hanham, Bristol)

Report of the trustees

For the year ended 31 August 2022

MOVING FORWARD:

As always, for the next year, the focus for the committee should be on maintaining our high standards, continuing to be a presence within the community, supporting Marie and the team and fundraising as much as possible in what will be a challenging economic environment.

Dates are booked for our traditional events which have been such a success and we will need to look for further opportunities to fundraise wherever possible.

Lastly I would like to thank our committee members, Hayley who continued as our secretary, Sally - who continued her role as Treasurer and those that joined with me at the last AGM – Bex, Jo and Laura – thank you so much for all your time, effort and support throughout the year and I’m looking forward to building on our success this year!

My reason for joining the committee was because the pre-school is such a lovely environment for children and their families to grow and thrive that I felt compelled to play a part in ensuring that continues and supporting the staff who make it happen day to day. This hasn’t changed and remains truer today than ever – here’s to another fantastic year.

5

Christ Church Pre School (Hanham, Bristol)

Report of the trustees

For the year ended 31 August 2022

Statement of responsibilities of the trustees

The trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees confirm that to the best of their knowledge there is no information relevant to the audit of which the auditors are unaware. The trustees also confirm that they have taken all necessary steps to ensure that they themselves are aware of all relevant audit information and that this information has been communicated to the auditors.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Approved by the trustees on 19 April 2023 and signed on their behalf by

Sarah Jefferies - Chair

6

Independent examiners report

To the members of

Christ Church Pre School (Hanham, Bristol)

I report to the charity trustees on my examination of the accounts of the company for the year ended 31st August 2022.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

Having satisfied myself that the accounts of the company are not required to be audited under part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out my examination I have followed the directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a "true and fair view" which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principle of the Statement of Recommended Practice for accounting and reporting by charities.

I have no concerns and have come across no other matters in connection with the examination to which should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Nathan Brady Stepping Stones Accountancy Ltd 7C Hanham Hall Whittucks Road Hanham Bristol BS15 3FR

19th April 2023

7

Christ Church Pre School (Hanham, Bristol)

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 August 2022

Note
Income from:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
6
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Net income / (expenditure)
and net movement in funds
Unrestricted
£
71
120,114
1
120,186
1,596
134,574
136,170
(15,984)
54,714
38,730
2022
Total
£
71
120,114
1
120,186
1,596
134,574
136,170
(15,984)
54,714
38,730
2021
Total
£
1,383
117,872
4
119,259
421
120,743
121,164
(1,905)
56,619
54,714

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 16 to the accounts.

8

Christ Church Pre School (Hanham, Bristol)

Balance sheet

As at 31 August 2022

Note
Fixed assets
Tangible fixed assets
8
Current assets
Debtors
9
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within 1 year
10
Net current assets
Net assets
11
Funds
12
Unrestricted funds:
General funds
Total charity funds
£
52
40,079
40,131
2,000
2022
£
599
599
38,131
38,730
38,730
38,730
2021
£
899
899
-
54,815
54,815
1,000
53,815
54,714
54,714
54,714

Approved by the trustees on 19 April 2023 and signed on their behalf by

Sarah Jefferies - Chair

9

Christ Church Pre School (Hanham, Bristol)

Statement of cash flows

For the year ended 31 August 2022

Note
Cash used in operating activities:
Net cash provided by / (used in) operating activities
13
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of tangible fixed assets
Net cash provided by / (used in) investing activities
Increase / (decrease) in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
2022
£
(14,737)
1
-
1
(14,736)
54,815
40,079
2021
£
(1,609)
4
(1,199)
(1,195)
(2,804)
57,619
54,815

10

Christ Church Pre School (Hanham, Bristol)

Notes to the financial statements

For the year ended 31 August 2022

1. Accounting policies

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Christ Church Pre School (Hanham, Bristol) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

b) Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having considered the charity's ability to generate its own income over the next twelve months.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Gifts donated for resale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. In line with the SORP FRS102, the value of services provided by volunteers has not been included.

d) Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.

11

Christ Church Pre School (Hanham, Bristol)

Notes to the financial statements

For the year ended 31 August 2022

f) Funds accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

g) Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

h) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

i) Financial instruments

The trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.

j) Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

12

Christ Church Pre School (Hanham, Bristol)

Notes to the financial statements

For the year ended 31 August 2022

2. Prior period comparatives: statement of financial activities

Income from:
Donations and legacies
Charitable activities
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income / (expenditure)
Transfers between funds
Net movement in funds
3. Donations and legacies
Total donations and legacies
Donations
£
71
71
Unrestricted
£
1,383
117,872
4
119,259
-
121,164
121,164
(1,905)
-
(1,905)
2022
Total
£
71
71
Unrestricted
2021
Total
£
1,383
117,872
4
119,259
-
121,164
121,164
(1,905)
-
(1,905)
2021
Total
£
1,383
1,383

The charitable company did not receive any government grants during the year (2020: £nil).

4. Income from charitable activities

Fundraising
Total income from charitable activities
Fees
£
1,362
118,752
120,114
Unrestricted
2022
Total
£
1,362
118,752
120,114
2021
Total
£
971
116,901
117,872

13

Christ Church Pre School (Hanham, Bristol)

Notes to the financial statements

For the year ended 31 August 2022

5. Investment income

Bank interest
Total investment income
£
1
1
Unrestricted
2022
Total
£
1
1
2021
Total
£
4
4

6. Expenditure

Raising
funds
£
-
Establishment costs
-
Consumables & Catering
-
Purchases
-
Equipment & Toys
-
-
Training
-
Subscriptions & licenses
-
Insurance
-
-
Fundraising costs
-
Charitable donations
-
-
-
Sub-total
-
-
-
Total expenditure
Allocation of governance
and support costs
Staff costs
Office expenses
Legal & professional
Depreciation
Other costs
Charitable
activities
£
112,404
6,529
5,693
831
1,592
1,618
152
1,912
1,112
1,540
1,596
123
300
768
136,170
-
136,170
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Support and
governance
costs
2022 Total
£
112,404
6,529
5,693
831
1,592
1,618
152
1,912
1,112
1,540
1,596
123
300
768
136,170
-
136,170
2021 Total
£
95,102
7,203
6,748
840
2,558
3,692
492
627
1,087
1,526
421
32
300
536
121,164
-
121,164

14

Christ Church Pre School (Hanham, Bristol)

Notes to the financial statements

For the year ended 31 August 2022

6. Staff costs and numbers

Staff costs were as follows:

2022
£
Salaries and wages
110,250
Employer's National Insurance
380
Pension costs
1,774
112,404
No employee earned more than £60,000 during the year (2020: none).
2022
No.
Average number of employees
13
2021
£
93,509
-
1,593
95,102
2021
No.
11

Trustee Marie Smith received a remuneration of £27,583.65 from an employment with the charity. The employer pension contributions of £640.37 were paid on behalf of the trustee. No other trustees have been paid any remuneration or received any other benefits from an employment with the charity or a related entity. No trustee expenses have been incurred during the period.

7. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

15

Christ Church Pre School (Hanham, Bristol)

Notes to the financial statements

For the year ended 31 August 2022 8. Tangible fixed assets

Cost
At 1 September 2021
Additions in year
Disposals at cost
At 31 August 2022
Depreciation
At 1 September 2021
Charge for the year
Eliminated on disposal for the year
At 31 August 2022
Net book value
At 31 August 2022
At 31 August 2021
9.
Debtors
Other debtors
10. Creditors: amounts due within 1 year
Accruals
Equipment
£
1,199
-
-
1,199
300
300
-
600
599
899
Motor
vehicles
£
-
-
-
-
-
-
-
-
-
-
2022
£
52
52
2022
£
2,000
2,000
Total
£
1,199
-
-
1,199
300
300
-
600
599
899
2021
£
-
-
2021
£
1,000
1,000

16

Christ Church Pre School (Hanham, Bristol)

Notes to the financial statements

For the year ended 31 August 2022

11. Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 August 2022
Movements in funds
At 1
September
2021
£
54,714
54,714
54,714
Total funds
General funds
Unrestricted funds
Total unrestricted
Income
£
120,186
120,186
120,186
£
(136,170)
(136,170)
(136,170)
Expenditure
Total
funds
£
£
599
599
40,131
40,131
(2,000)
(2,000)
38,730
38,730
£
£
-
38,730
-
38,730
-
38,730
Unrestricted
funds
Transfers
between
funds
At 31
August 2022

12. Movements in funds

13. Reconciliation of net movement in funds to net cash flow from operating activities

Net movement in funds
Adjustments for:
Depreciation charges
Dividends, interest and rents from investments
Decrease / (increase) in debtors
Increase / (decrease) in creditors
Net cash provided by / (used in) operating activities
2022
£
(15,984)
300
(1)
(52)
1,000
(14,737)
2021
£
(1,905)
300
(4)
-
-
(1,609)

14. Related party transactions

There were no related party transactions during the period.

17