PAOORHILL PRE SCHOOL ANO FUN CLUB TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Th¢ Curtis Parthership l Tape Streel Cheadle Stoke On Trcnt Stafford5hiTe STIO IBB IAoorhlll Pre School and Fun Club Contsnts Page Company Infomiation Report of the Trustees Independent Examiners Report Profit and Loss Account 24 Balance Sheet Notes to the Financial Statements The following pages do not bmi part of the statutory accounts: Trading Profit and Loss Account Pr-9 10 kloorhlll Pr• School and Fun Club Infomiation For The Year Ended 31 2024 Tru•t• Mrs M Harris Mrs P Sumner Prfnclp•l Addrms Moorhill Primary School Moorland Road Cannock Slaffordshire WS114NX Accountant• The Curtis Partnership 1 Tape Street Cheadle Stoke On Trent Staffordshire ST10 18B Page I loorhlll Pre School and Fun Club Trust•M' Report For The Year Ended 31 Ma￿h 2024 The trustees present their report and the financial stalerrents for the year ended 31 March 2024. The trustees present their report with the financial ststements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounkn'ng and Reporting by Charrties: Statement of Recommended Practs'ce applicable to charitses preparing their accounts in accordance wrth the Financial Reporb"ng Standard applicable in the UK and Republic of Ireland (FRS 102){effectsve 1 January 2019). OBJECTIVES AND ACTIVITIES ObJectlve• and alm• The charity's objects are to promote any chantable purpose for the benefil of pre-school children living in the community. particularly pupils frorn Moorhill Pnmary and Pre-school who require holiday care. by the advancement of education, the proleth.on and preservation of health and the relief of poverty, sickness and distress. ACHIEVEMENT AND PERFORMANCE Fundralslng •ctlvftle• Totsl income for the year was £3,164. The overall posits'on at the end of the financial year is sats'sfactory FINANCIAL REVIEW Prlnclple fundlng SOU￿ The trustees extend their grabtude to Stsffordshire L￿al Authority who c￿tinue to support the core operating capacity of the chanty The charity did nol have any t)orrowing from ether prOv￿er$ of funding or other sources at the balance sheet date. No funds were in deficit at the balance sheet date. Inv•8tm•nt pollcy and objectlv Apart from retaining a pnjdent amount in reserves each year, most of the charity's funds are to be spent in the short tenn, resulting in there being no funds for long term investment. Reservos pollcy Moorhill Pre-school and Fun Club is required to ensure thal free monies are available in each financial year to meet any reasonable, foreseeable conlingency Moorhill Pre-school and Fun Club wll maintain a projection of income for at least 3 years ahead and wll ensure that this continues to be den'ved from as wide a van'ety of sources as possible. The charity will take all necessary steps to ensure that at no kn'me within this period would it be possible for the cessab'on of one or more funding streams io present so senous a challenge to the future of the organisatson that rt could not be managed so as to continue to provide a best value service. In reviewing the potential costs that could arise should a signfficant reduth'on in income be incurred, the trustees have deterniined that'free, resep4es should be maintsined equal to 3 months operats'ng expenditure. Futur• plans Moorhill Pre-school and Fun Club aims to continualty improve access to ts service for beneficiaries. STRUCTURE, GOVERNANCE AND MANAGEMENT Gov•rnlng document The chanty is controlled by its governing document. a deed of trust and constitutes an unincorporated charity RKrultment and appolntment of new trnstee• Trustees are elected from the local cornrnunity ..CONTINUED Page 2 Moorhlll Pro School and Fun Club Trustees. Report (continued) For The Y￿r Ended 31 PAarch 2024 Organlsatlonal structurn Moorhill Pre-school and Fun Club is governed by ts Trustee Board, which is responsible for setting the strategic direction of the organisation and the policy of the charity The trustees cary the ultimate responsibility for the conduct of Moorhill Pre-school and Fun Club and for ensuring that the charity sab'sfies its legal and contractual obligations. Trustees meet a minimum of four b'mes a year and delegate the day to day operation of the organisab'on to senior management. The Trustee Board is independent from the managen*nt. Inductlon and tralnlng of new tru8tM8 Newly appointed trustees are provided with a comprehensive inducb'on to Moorhill Pre-school and Fun Club and have access to the relevant training courses. Relat•d partl•s Moorhill Pre-school and Fun Club is a mernber of The Pre-sch¢￿1 Learning Aliance which provides for standards of advice and casework management as well as monitonng progress against these standards Operating policies are independently determined by the Trustee Board of the Organisat￿n In order to fulfil its charitsble objects and compty with the national membership requirements. The charity also co-operates and liaises a nurnber of other advisory services, local chan'ties and %)cial service departments. Vthere any of the trustees hold the pjsib'on of trusteeldirector of another chan'ty, they may be involved in discussions regarding that other chanty, but not in the ultsmate decision making process. REFERENCE AND ADMINISTRATIVE DETAILS Regl8tered Charlty number 1090908 Prlnclpal addrn88 Glo Moorhill Primary School Moorland Road Cannock Staffordshire WS114NX Tru8t••8 Mrs P Sumner (appointed 19.07.21) M Hams (appointed 12.07.22) Inde￿ndent Examln•r Curtis Accountants Ltd 1 Tape Street Cheadle Stoke On Trent Staffordshire ST10 1BB Banker¥ Yorkshire Bank 1 Market Place Cannock WS111BT Page 3 kloorh511 Pre School and Fun Club Trustees, Report {contlnued) For Th• Yo•r Endod 31 March 2024 Trustees The trustees who held office during the year were as follows.. Mrs M Harris Mrs P Sumner Small Company Rule• Approved by order of the board of trustees on 2P January 2024 and signed on its behalf by" On behalf of the board MZ Mrs M HarTiS Trustee Mrs P Surnner Trustee 27th January 2025 Page 4 Moorhlll Pre School and Fun Club Accountant's Report For Th• Y￿r Endod 31 March 2024 Independent examlnots report to the trustee8 of MOORHILL PRE-SCHOOL AND FUN CLUB I report to the charity trustees on my examination of the accounts of MOORHILL PRE-SCHOOL AND FUN CLUB (the Trust) for the year ended 31 March 2023. Re8ponslbllltles and ba818 ol report As the charity trustees of the Trust you are responsible for the preparats.on of the accounts in accordance with the requirements of the Charibes Act 2011 ('the Acr) I report in respect of my examinakn'on of the Trusys accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directj'ons given by the Charity Comrnission under Section 145(5)(b) of the Act. Independ•nt examlnefs Statement Since your charity's gross income exceeded £250,000 your examiner must be a rnember of a listed body I can confi￿ that l am qualified to undertake the examination because l am a registered member of FCCA whth is one of the listed bodies. I have completed rny exarninab'on. I confirm that no matenal rnatters have come to my attenb.on in conneclj'on with the examinats'on grving rne cause to believe that in any material respect.. accounkn.ng records were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Chanb'es {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view whth is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. MDShaw FCCA Curtis Accounlants Ltd 1 Tape Street Cheadle Stoke On Trent staffordshire ST10 1BB 27 January 2025 Page 5 Aloorhlll Prn School and Fun Club Profft and Loss Accounl For The Year Ended 31 PAarch 2024 2024 Unr••trlcted fund Total funds 2023 Notes INCOME AND ENDOWMENTS FROM Donations and legacies 355 189 EXPENDITURE ON Raising fvnds 8,088 6,248 Charltable actlvltles Direct charitable expendrture Expenses 355,152 346,646 Tolal NET INCOMEIIEXPENDITURE) 2,295 RECONCILIATION OF FUNDS Totsl funds brought forward 87.373 85,078 TOTAL FUNDS CARRIED FORWARD 130.919 87.373 Page 6 IAoorhlll Pre School and Fun Club Balance Sheet As At 31 hlarch 2024 2024 2023 Not CURRENT ASSErs Cash at bank and in hand 141,247 95,618 141,247 95.618 Cr•dltors: Amounts F•lllng Duo Wlthln On• Year 110,328) (8.2451 NET CURRENT ASSETS (LIABILITIES) 130,919 87,373 TOTAL ASSETS LESS CURRENT LIABILITIES 130.919 87,373 NET ASSETS 130,919 87,373 FUNDS- Unrestn'cted funds 130,919 87,373 TOTAL FUNDS 130.919 87,373 The financial statements werè approved by the Board of Trustees and authorised for issue on 27 January 2025 and were signed on its behalf by.. M Harris - Trustee P Sumner- Trustee UtMLLr Page 7 Moorhill Pre School and Fun Club Notes to the Flnanclal Statement• For The Yoar Ended 31 March 2024 1. Genoral Infomiat5on The principle address is Moorhill Primary School, Moortand RO￿*. CanncKk. Staffordshire. WS114NX. 2. Accountlng Pollclo• 2.1. Ba81• of Pr•paratlon of Flnanclal Statements The financial ststements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charibes SOFIP {FRS 102) 'Accounkn'ng and Reporting by Charities. Staiement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland {FRS 102) {effective 1 January 2019),, Financial Reporting standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011 The financial statements have been prepared under the historical cost convents'on. 2.2. Turnovar All income is recognised in the Slatement of Financial Activth'es once the charity has entrtlernent to the fijnds, il is probable that the income will be received and the amount can be measured reliably Expendlturo Liabilities are recognised as expendFture as soon as there is a legal or constructive obligatr'on committing the charity to that expenditure, ¢1 is probable that a transfer of econornic benefits will be required in settlement and the amount of the obligation can be measured reliably Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category Where costs cannot be directly attn'buted to pa￿'Cular headings they have been allocated to acbvits'es on a basis consistent with the use of resources. 2.3. Taxatlon The charity is exempt from tax on ts charrtable athrties. 2A. P•n•lon• The charity operates a define(I contn'bub'on pension scherne. Contribub'ons payable io the charity's pension 8cheme are charged to the Staternent of Finanaal Acb'vrbes in the pen'od to which they relate. 2.5. Gov•mm•nt Grant Govemment grants are recognised in the profft and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contn'bute. Grants for immediate financial support or to cover costs already incurred are recognised Immediately In the profit and loss account. Grants towards general ath￿e5 of the ents'ty over a specific period are recognised in the profit and loss account over that penod. Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred incorne and released to the profit and loss account over the useful life of the asset concerned. All grants in the profit and loss account are recognised when all conditi'ons for receipt have been complied with. Page 8 Moorhlll Pr• Sehool and Fun Club Notss to the Financial Statements Icontlnued) For The Y•ar Ended 31 March 2024 2.6. Fund accountlng Unrestncted funds can be used in accordance with the charitable objethes at the discrets'on of the trustees. Resthcted funds can only be used for particular resthcted purposes within the objects of the charity Restn'th"ons arise when speafied by the donor or when funds are raised for partiojlar restn'cted purposes. Further explanalion of the nature and purpose of each fund is included in the notes to the finana'al ststements. 2.7. TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuner*"on or other benefits for the year ended 31 March 2023 nor for the year ende 31 March 2022. Tru•t•••' •xp•nso• There were no trustees, expenses pa￿ for the year ended 31 March 2024 nor for the year ended 31 March 2023. 3. Cr•dftor8: Amounts Falllng Duo Wlthln On• Y•ar 2024 2023 Trade creditors cruals and deferred incor 2,625 7,703 3,696 4,549 10,328 8,245 Page 9 Moorhlll Pre School and Fun Club Notes to the Flnanclal Statoments For The Year Ended 31 PAarch 2024 COPAPARATIVES FOR THE STATEIAENT OF FINANCIAL ACTMTIES Unrestricted fund INCOME AND ENDOWMENTS FROM t)onations and legacies 355 189 EXPENDITURE ON Raising funds 6,248 Charftabl• actlvlti Direct charitable expenditure Expenses 346,646 Total NET INCOAIE 2,295 RECONCILIATION OF FUNDS Total fijnds brought forward 85,078 TOTAL FUNDS CARRIED FORWARD CREDITORS: AMOUNTS FALLING DUE WITHlhl ONE YEAR 2024 2023 Other credrtors MOVEMENT IN FUNDS Net movernent in funds At 1.4.23 At 31.3.24 Unre8trlcl•d fund• General fund 87.373 130,918 TOTAL FUNDS 130 918 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement In funds Unrestrlctod lund8 General fund 406,786 1363,240) TOTAL FUNDS 406,786 1363,2401 43,546 Moorhill Pre School and Fun Club Not•s to the Flnanclal Statements For The Year Ended 31 March 2024 MOVEMENT IN FUNDS - contlnued Comparatlves for movement In fund8 Net rrnvement in funds At 1.4.22 At 31.3.23 Unrn8trfct•d funds General fund 85,078 2,295 87,373 TOTAL FUNDS Comparative net movemenl in funds. included in the above are as follows.. Incoming Resources resources expended Movemenl in funds Unr••trlct•d fvnd8 General fund 355.189 {352,894) 2,295 TOTAL FUNDS 355 189 (352 894) A current year 12 months and pn'or year 12 months combined posits'on is as follows.. Net movement in funds At 1.4.22 At 31.3.24 Unrn•trlct•d fund• General fund 85,078 45,840 130,918 TOTAL FUNDS 130 918 A current year 12 months and prior year 12 months combined net rThJvement in funds, induded in the al)ove are as follows. Incoming Resources resources expended Movement In funds Unre•trlct•d fund• General fund 761,975 (716,135) 45,840 TOTAL FUNDS 761.975 (716,13) 45,840 Moorhill Pre School and Fun Club Trading Profft and Loss Account For The Year Ended 31 March 2024 2024 2023 TURNOVER Fees & Tuck Fund Raising 44,413 3,164 36,929 1,978 GROSS PROFIT 47,577 47,577 38,907 38,907 Dlstrfbutlon Co•t8 Consumable items 4,939 3.137 Admlnl•tratlv• Exp•n• Wages and salarres Employers pensions - defined contributs'ons scherne Rent & Insurance Cleaning Uniforms Equipment, Toys etc Repairs. renewals and maintenance Trip's Accountancy fees Bank charges Chan'table donations Sundry expenses (4,939) (3,137) 3C6,618 11,628 25,986 47 294,042 17,266 26,814 10 948 3,643 228 356 3,111 535 728 2,075 2,797 1,050 4,029 3,149 385 927 1,687 Oth•r Opernung In¢om• Think 2 Funding Govemment grant receipts - net EEF Funding ANO Funding AEN Funding Donations received SEND Inclusive Fund Commissions received (358.303) {349.756) 100,227 77,340 908 220,282 2,070 800 1.055 13,576 250 237.094 6,232 3.312 12.087 209 Net (Expenditureylncome 359,211 316,281 43,546 2,295 Page 10