OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-06-30-accounts

ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2022

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE) COMPANY REGISTRATION No: 04013169 CHARITY REGISTRATION No: 1085397

Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS

1

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

CONTENTS
Page 3 Legal & Administrative Information
Pages 4 to 6 Report of the Directors'
Page 7 Statement of Financial Activities
Page 8 Balance Sheet
Pages 9 to 17 Notes to the Financial Statements
Page 18 Independent Examiner's Report

2

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY NUMBER 1085397 COMPANY REGISTRATION NUMBER 04013169 DATE OF INCORPORATION 12th June 2000 START OF FINANCIAL YEAR 1st July 2021 END OF FINANCIAL YEAR 30th June 2022 DIRECTORS AT 30TH JUNE 2022 Robin Dean Valarie Pardy Cecilia Dean Catherine Mawston

GOVERNING DOCUMENT

Memorandum and Articles of Association Incorporated 12th June 2000, As Amended 8th February 2010, 24th February 2004 and 23rd February 2005.

OBJECTS

To support the development of children under school age within the village of Clifton-Upon-Teme and its immediate environs ("The Community") by i ) Providing quality day care and education for babies and children between 3 months and statutory school age. ii ) Supporting parents in rural areas requiring day care for their children in order that they can attend to other responsibilities where it - would be inappropriate to have children with them (for example - but not excluding other responsibilities returning to work, furthering their education or serving in the community). iii ) Creating an environment where information and support can given to those desiring to enhance family skills and values and promote lifelong learning. iv ) Subject to the above and any other Charitable purposes for the benefit of children in the community as the Trustees from time to time determine.

REGISTERED ADDRESS Clifton Early Years Centre Pound Lane Clifton-Upon-Teme Worcester WR6 6DE PRIMARY BANKERS Lloyds Bank Plc 48 Belle Vue Terrace Malvern Worcester WR14 4QG INDEPENDENT EXAMINERS Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS

3

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE DIRECTORS'

FOR THE YEAR ENDED 30TH JUNE 2022

I am grateful for the support of so many parents, the Headteacher and Chairman of Governors at school, my fellow Trustees and most of all our dedicated, resilient and utterly exceptional staff.

The year 2021 has continued to challenge the operation of a small nursery in the countryside, as working patterns have changed and we have had to be flexible enough to respond to the short notice challenges of an unpredictable pandemic.

The staff have dealt admirably with the physical absence of the manager, Sally Wyatt, from the nursery and, latterly, with her being on maternity leave. This meant that we relied heavily on Abi Petheridge to step up from Deputy to Manager. Although, Abi left us on 21 April, we were most fortunate to appoint Ashley Campion as the Acting Manager on 21 April and then Rachel Cartwright joined us on 10 May as the Deputy Manager, on 10 May. Ashley will be leaving us on 26 November and will be greatly missed, however I am pleased to share with you that Abi has agreed to re-join us as the Acting Manager. I know that Abi and Rachel will continue the excellent work of recent months and that Ashley will leave us in a very strong position. We wish Ashley a ‘happy landing’ with her impending arrival.

Since the arrival of Ashley and Rachel the nursery has continued to thrive and develop in numerous ways. The paperwork that is required for Ofsted has been completed to the highest standards and staff are fully prepared, not just for this impending visit, but to look after the children to the highest level of professionalism. All the children at the nursery could not be in safer or more stimulating environment.

The changes to the building include: i) Changing the soft playroom into a toddler/transition room ii) The toddler and baby room were painted during the summer iii) The layout of the main room was re-structured into learning zones iv) Natural play areas and holistic play have been introduced in all the rooms. v) A parent has helped the staff to re-build our Forest School

I am particularly pleased to see that the children’s work is now displayed in the Nursery and there are displays on such things as British Values.

The Board of Trustees has said goodbye to Samantha Burns who made a significant contribution to the management of the issues raised by the pandemic, at the beginning of the year. We have welcomed, in her place, another Parent Trustee, Ross May. Ross has been particularly effective in working with Ashley to improve our social media status and the website. I am grateful to our long serving Trustees: Robin Dean and Val Pardy and the expertise that Cecilia Dean has brought to the Board, as a serving teacher and expert on Safeguarding. Robin has worked tirelessly on sourcing funds from a variety of sources including Malvern District Council. We are a small team of unpaid volunteers and would welcome more trustees on the board. As a charity that is set up to provide childcare for the local community, it would be most appropriate to have local people join us. We are fortunate to have Tracey Dewis as our accounts expert, who ensures that the financial situation is well managed and transparent for the Trustees to make decisions. The nursery still faces significant challenges to establish a steady profit on the monthly accounts.

The numbers of children have been increasing consistently over the year. In the Spring term we had 27 children and we hope that in January there will be 31, spread across the age ranges. Prospective parents continue to visit the setting and the future looks optimistic.

I think that it is a testament to the nursery and its staff and trustees that after the most challenging of times the nursery is still in existence and that we are in an improving position for the future.

Catherine Mawston Chairperson of Trustees

4

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE DIRECTORS' (Continued) FOR THE YEAR ENDED 30TH JUNE 2022

Staffing

Our staffing team consists of: Ashley Campion – Maternity cover Manager - Last day today 25[th] November 2021

Abigail Court – Stepping into the maternity cover Manager

Rachel Cartwright – Deputy Manager

Lottie – Baby room Leader/ 3[rd] in charge

Debbie Smith – Nursery Practitioner / Toddler lead

Mina Atzigiannaki – Nursery Practitioner - Completed her level 3

Katrina Tucker and Pip Silver – Bank Staff

Everyone has faced a hard year with covid but as all staff are double jabbed and children now not having to isolate it feel the nursery is in a good position

Training All staff have carried out first aid, safeguarding, and over 20 additional noodle now training courses covering a range of different subjects relating to child care.

Changes to the Nursery

The nursery has had following upgrades and changes:

· Turned the soft play room into an area for the toddlers.

· New glass doors so you can see through the rooms fitted.

· General DIY maintenance completed around the nursery internal and externally.

· New toys and education resources purchased.

Ofsted

We are still due an Ofsted inspection and our aim would ideally be to become outstanding. I believe the staff have the tools to achieve this with everything we have put in place over the last 8 months:

· Education and Learning process, currently improving how children learn and progress

Current/future places

We currently have 27 children on role:

· 8 Babies

· 8 Preschool children

We have 4 new starters in January and We will have 31 children on role in January 2022. We have further enquiries to contact on our return.

Future plans

To grow as a local community nursery, get forest school up and running, and to have a local stay and play group now covid has lifted.

5

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2022

(Incorporating Income and Expenditure Account)

Notes
INCOMING RESOURCES
Incoming Resources from Generated Funds
Donations, Grants & Legacies
3a
Charitable Activities
3b
Investment Income
3c
Activities for Generating Funds
3d
Other Incoming Resources
3e
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Cost of Generating Funds
Charitable Activities
4a
Governance Costs
4b
TOTAL RESOURCES EXPENDED
NET INCOMING/ (OUTGOING) RESOURCES
Balance Brought Forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2021/22
2020/21
£
£
£
£
37,362
-
37,362
64,712
83,978
-
83,978
45,542
-
-
-
1
-
-
-
373
268
-
268
88
121,608
-
121,608
110,717
128,852
497
129,349
110,865
3,580
-
3,580
5,044
132,432
497
132,929
115,909
(10,824)
(497)
(11,321)
(5,192)
(633)
7,758
7,125
12,317
(11,457)
7,261
(4,196)
7,125

Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.

The notes on pages 9 to 17 form part of these financial statements.

7

T4ts1 Toknl 7A27 1.17• 14114 7.1 116 F•B• I Q*.(11 (2.L.... ...

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2022

1. ACCOUNTING POLICIES

Basis of Preparation & Assessment of Going Concern

Basis of Preparation

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1st January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.

The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.

Incoming Resources

Recognition of Incoming Resources

These are included in the Statement of Financial Activities (SOFA) when:

▪ the charity becomes entitled to the resources;

▪ the Directors are virtually certain they will receive the resources; and

▪ the monetary value can be measured with sufficient reliability

Incoming Resources with Related Expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.

Grants and Donations

Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Tax Reclaims on Donations and Gifts

Incoming resources from tax reclaims are included in the SOFA in the same financial period as the gift to which they relate.

Contractual Income and Performance Related Grants

This is only included in the SOFA once the related goods or services has been delivered.

Gifts in Kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.

Donated Services and Facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

Volunteer Help

The value of any voluntary help received is not included in the accounts but is described in the Directors' annual report.

Investment Income

This is included in the accounts when receivable.

Investment Gains and Losses

This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

9

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH JUNE 2022

1. ACCOUNTING POLICIES (Continued)

Expenditure and Liabilities

Liability Recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the Directors' meetings and cost of any legal advice to Directors on governance or constitutional matters.

Changes in Accounting Policies and Previous Accounts

There has been no change to the accounting policies (variation rules and methods of accounting) since last year, and no changes to the previous accounts.

Grants Payable without Performance Conditions

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.

Unrestricted funds

These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.

Restricted funds

These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes.

Taxation

The charity is exempt from tax on its charitable activities.

Pension Scheme

The Charity operates a defined contribution pension scheme for its employees. Obligations for contribution to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the Charity in independently administered funds.

Legal Status of the Charity

The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £5 per member of the charity.

Fixed Assets

These are capitalised if they can be used for more than one year, and cost at least £1,250. They are valued at cost or, if gifted, at the value to the charity on receipt.

Investments

Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at Directors' best estimate of market value.

Depreciation & Amortisation

Depreciation and Amortisation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied per annum are as follows:

Property Cost 5% - Straight Balance Basis Property Improvements 10% - Straight Balance Basis Equipment Cost 20% - Straight Balance Basis Fixtures and Fittings 20% - Straight Balance Basis

10

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH JUNE 2022

2. TANGIBLE FIXED ASSETS

Cost
01-Jul-21
Additions
Cost at
30-Jun-22
Depreciation
01-Jul-21
Charge
Depreciation at
30-Jun-22
Net Book Value
30-Jun-22
Net Book Value
30-Jun-21		 Property
Improvement
Equipment
Fixtures &
Total
Cost
Cost
Cost
Fittings
2021/22
£
£
£
£
£
95,733
39,298
8,999
19,200
163,230
-
-
-
-
-
95,733
39,298
8,999
19,200
163,230
95,404
25,702
8,999
19,200
149,305
329
1,622
-
-
1,951
95,733
27,324
8,999
19,200
151,256
-
11,974
-
-
11,974
329
13,596
-
-
13,925

The annual commitments under non-cancelling operating leases and capital commitments are as follows:

At the reporting end date the Clifton-upon-Teme Nursery Limited had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within One Year
Between One & Five Years		 TOTAL
2021/22
£
187
386
573		 TOTAL
2020/21
£
150
573
723

The amount expensed in the year was £187 (2020/21: £150).

11

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH JUNE 2022

3. INCOMING RESOURCES

Note
a) Donations, Grants & Legacies
Gifts & Donations
Grants Received
b) Charitable Activities
Nursery Fees
Breakfast Club
c) Investment Income
Interest
d) Activities for Generating Funds
Uniform Sales
e) Other Incoming Resources
Sundry Income		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2021/22
2020/21
£
£
£
£
-
-
-
30
37,362
-
37,362
64,682
37,362
-
37,362
64,712
83,036
-
83,036
45,542
943
-
943
-
83,978
-
83,978
45,542
-
-
-
1
-
-
-
1
-
-
-
373
-
-
-
373
268
-
268
88
268
-
268
88

12

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH JUNE 2022

4. RESOURCES EXPENDED

Note
a) Charitable Activities
Advertising & Publicity
Bank & Interest Charges
Books & Publications
Catering Costs
Cleaning Costs
Consumables
Depreciation Expenses
5
Equipment Costs
Insurance Costs
License & Subscriptions
Office Costs
Premises Costs
Recruitment Costs
Repairs & Maintenance
Staff Costs
12
Sundry Expenses
Telephone Costs
Training Costs
`
Utility Costs
Workwear Costs
b) Governance Costs
Independent Examiners Fee
8
Legal & Professional Fees		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2021/22
2020/21
£
£
£
£
476
-
476
479
313
-
313
72
754
-
754
68
703
-
703
521
489
-
489
168
9
-
9
594
1,454
497
1,951
6,905
399
-
399
1,559
1,405
-
1,405
1,410
220
-
220
363
1,162
-
1,162
1,642
1,181
-
1,181
3,054
-
-
-
2,867
823
-
823
1,616
115,208
-
115,208
84,059
100
-
100
651
427
-
427
531
632
-
632
744
3,089
-
3,089
2,965
10
-
10
597
128,852
497
129,349
110,865
700
-
700
700
2,880
-
2,880
4,344
3,580
-
3,580
5,044

13

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH JUNE 2022

5. RESTRICTED FUNDS

CURRENT FINANCIAL YEAR

Nursery Building Fund
Property Improvements
Tesco Grant
HMRC JRS Grant		 Balance
Balance
01-Jul-21
Income
Expenditure
Transfers
30-Jun-22
£
£
£
£
£
4,100
-
-
-
4,100
3,476
-
497
-
2,979
182
-
-
-
182
-
-
-
-
-
7,758
-
497
-
7,261

PREVIOUS FINANCIAL YEAR

Nursery Building Fund
Property Improvements
Tesco Grant
HMRC JRS Grant		 Balance
Balance
01-Jul-20
Income
Expenditure
Transfers
30-Jun-21
£
£
£
£
£
4,100
-
-
-
4,100
3,973
-
497
-
3,476
182
-
-
-
182
-
5,464
5,464
-
-
8,255
5,464
5,961
-
7,758

Nursery Building Fund represents funds received from The Community Fund and Vital Villages for the purchase of the nursery building. Depreciation charges and repair work can be offset against this fund.

The Property Improvement Fund represents funds received for improving the property. The expenditure from this fund has been capitalised, with the depreciation charge being offset against the fund.

The Tesco Gran t represents funds received in order to further improve the outdoor area.

The Restricted Funds held are represented by the Charity's Cash Reserves and Fixed Asset Investments and are to be expended as specified above.

14

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH JUNE 2022

6. CASH AT BANK AND IN HAND

Cash at Bank and in Hand Unrestricted
Restricted
Total
Total
Fund
Fund
30-Jun-22
30-Jun-21
£
£
£
£
(1,094)
5,282
4,188
7,427
(1,094)
5,282
4,188
7,427

7. DEBTORS AND PREPAYMENTS

Sundry Debtors
Prepayments		 Unrestricted
Restricted
Total
Total
Fund
Fund
30-Jun-22
30-Jun-21
£
£
£
£
183
-
183
214
569
-
569
569
752
-
752
783

8. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accruals & Deferred Income
Bank Loans
Independent Examiners Fee
Sundry Creditors
Taxation & Social Security		 Unrestricted
Restricted
Total
Total
Fund
Fund
30-Jun-22
30-Jun-21
£
£
£
£
1,559
-
1,559
1,559
3,000
-
3,000
3,000
700
-
700
700
203
-
203
61
10,647
-
10,647
2,690
16,109
-
16,109
8,010

9. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR

Bank Loans Unrestricted
Restricted
Total
Total
Fund
Fund
30-Jun-22
30-Jun-21
£
£
£
£
5,000
-
5,000
7,000
5,000
-
5,000
7,000

The Charity took a Bounce Back Loan from Lloyds Bank Plc as a result of the impact of the coronavirus pandemic. There is no security on the assets of the Charity. The loan is repayable by 60 monthly instalments starting June 2021. The interest rate is 2.5% with the interest for the first 12 months interest cost covered by the UK Government's Business Interruption Payment scheme.

15

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH JUNE 2022

10. NET ASSETS BETWEEN FUNDS

Fixed Asset Investments
Net Current Assets
Long Term Liabilities		 Unrestricted
Restricted
Total
Total
Funds
Funds
30-Jun-22
30-Jun-21
£
£
£
£
9,995
1,979
11,974
13,925
(16,452)
5,282
(11,170)
200
5,000
-
5,000
7,000
(11,457)
7,261
(4,196)
7,125

11. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES

The Company is Limited by Guarantee (04013169) and is a Charity registered with the Charity Commission (1085397) and does not have a Share capital and has no income subject to Corporation Tax.

Profit / Deficit for the financial year
Other Recognised Gains
Balance Brought Forward
Closing Funds at 30th June 2022
12. STAFF COSTS AND NUMBERS
Gross Wages, Salaries & Fees
Employer's National Insurance Costs
Pension Contributions
Employees who were engaged in each of the following activities:
Charitable Activities
Management & Administration		 TOTAL
2021/22
£
(11,321)
-
(11,321)
7,125
(4,196)
TOTAL
2021/22
£
109,723
4,251
1,233
115,208
TOTAL
2021/22
11
1		 TOTAL
2020/21
£
(5,192)
-
(5,192)
12,317
7,125
TOTAL
2020/21
£
83,056
1,407
1,003
85,466
TOTAL
2020/21
13
1

The Charity operate a PAYE Scheme to pay all employed members of staff. No members of staff received emoluments of over £60,000. (2020/21:None)

Defined contribution schemes

The Clifton-upon-Tame Nursery Limited operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Clifton-upon-Terna Nursery Limited in an independently administered fund.

The charge to profit or loss in respect of defined contribution schemes was £1,233. (2020/21:£1,003)

16

CLIFTON-UPON-TEME NURSERY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH JUNE 2022

13. DIRECTORS AND OTHER RELATED PARTIES

No payments were made to Directors or any persons connected with them during this financial period. No material transaction took place between the organisation and a Director or any person connected with them.

14. RISK ASSESSMENT

The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

15. RESERVES POLICY

The Directors have considered the level of reserves they wish to retain, appropriate to the Charity's needs. This is based on the Charity's size and the level of financial commitments held. The Directors aim to ensure the Charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Directors will endeavour not to set aside funds unnecessarily.

16. PUBLIC BENEFIT

The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Directors report. The Directors confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

17

INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS (xrt on page5 7 tr) 17. The Chartys trustees Ivh¥J are aLw th8 dif￿￿$ of lh8 &y￿panY for pufj)ose5 of c4Jmpany bwl are r8sFonsibk fv the p￿paratIOn of th8 finanual 6tatem8rts. Tha trustsos are Sat￿ that Ihe a¢JJrt requlr6nwnt of SectM)n 14411) of thè Charit$85 Act 20111the Act) ¢Joe5 not appty, aThl th the￿ is feouiremsnt ￿ the go¥eming d0￿M￿rt or(onsbthon ofth8 Chty for the conductiw of an aud￿ A5 a Ihg twstO8s have th8 finan(i tern￿ts be Sub￿ to independ8nt examinat￿. Having satisfied M￿th￿tth9 thrity i8 T¥)t wbject to audQ and 15 diBibb for inderwtht examinat¥)n. it ts my re￿￿￿1￿1itY al exarnine the acthunts under seckn 145 of the Art. bl to folhM the wrKthres doi) in the GTh41 gryen try the CW commiss￿ under sertKJn 145(Sllbl ofthe Act.. and: I ￿nducted my 8xamsnatK)n in a¢)xrd8nce ith th• Genernl DwBctson¥ gr¥8n by ts Chorrty C¢mmissiMws England & Wales in relats.on to tha eonducbng ofan indepeThJent examuwtirm. referr&Y to above. An Indep￿Jent examinatw indude$ a rtrvw ofth8 acminting recorts kapt by thg Chanty and ofthe &etyJntiThJ 8y3tems empk)yeil by the Charty and a compartson of the finarul 5tstem8nts prgsented with f8cord& h alg) rfudes con&¢Jtirati(M of any unusu or d￿lj￿5 in the finanaal statements. aThJ seeknng expLanai￿$ from you as trustees (xjnwning s￿h matters. The pUrE￿$t of the examinatKsn ss to estsblish as far as possitAe thai there have r#) t￿￿e$ oltt Charitio$1ggislalw 8nLJ that the financLal statements compty thè SORP. on a test tasis. of eVKI81￿@ to the aTh#yJrrts arwj dtsckJyJr•s in the financial statements. The procedures undertakgn ¢Jo not prowd& all that ¥tyJhJ be requifal in an and inlornmtion supplied by the trustees in th? of the exarninathx &8 not sUbJ.￿j to I￿￿11 tests or8rquirie& and ¢>)nsaquenty l (lo not 8xpress an 8LKlit Opinion oft the ￿eW gi¥en by the financial 5tatern8nts, aThY in particLtlaf. l exprass no wynM)n as to whether the financial staternents gwe a tr￿ and fair vw of Ihe affa"Frs of tlwity. aryl my re[￿rt is Imrt•J to thè Matt￿ set out in the statement below. planned and Perfony￿d my exarninatrjn so as to sab"5fy that ts obithes ol the indep)dant éx8min8tion are achieved and before finaliwng the report l obtsin ￿Itten assuran￿ from th8 trust￿ ofall Mat9n￿ ff4tter& Independènt 8xamin8rfs ststwne In th8 cours9 of my examinatK>n. no m8ttw has ¢C￿re lo my attenlM)n". which gives mè rg83onable Cause to belhe that in. any rnerial respect. the tWU51ee5 rg]u1rerr￿ts'. . to prepa￿ accountsw¥th accord with the arLY)unting T￿$. eA￿[￿yw1th the xcountiThJ requir8ments of68Ction ofthe Cornpanw Act 2006 and vAth the r[*1￿￿￿ and prwple5 of the Statement of rttommended Practice.. Accounttng and R&wbn9 ty Ch8riti hav8 Tr)1 bewt met: or to v4hKh. in my wnM)n. attenti￿ shtsukl be dra¥m ￿ crfderto 0ftab￿ a PMPW wK1w#￿ir¥ ofthe ￿Xtnt$ to ba K. Collgku MAAT Castle View Actounting Ltd New 8arn Mudberry Lane 8¢￿haM Chichaster West Sussex P018 8TS Dat&.' 29th No¥erntJer 2022 18