THE LEARNING TREE PRE-SCHOOL Unaudlted Report and Flnancial Ststements For the year énded 31 Dècember 2020 Charlty numb•r. 1091155 THE LEARNING TREE PRE￿cHOoL Financlal statements for the year ended 31 December 2020 Contents Pages Legal and admlnislralive information Report of the trustees Accountsnts Report Stalernenl of financial aclmlies Balance sheet Notes to the finan￿al statements Detailed profil 8nd loss account 10 THE LEARNING TREE PRE4CHOOL Legal and administrative inforn)ation Reference and admlnlstrative details Registered Office.. The Leamir4J Tree Pr￿SCh￿l Rowdown Primary School Calley Down Crescent New Addington Croydon Surrev CRO OEG Charity registratwjn number. 1091155 Ofsted registration number. EY224261 Accountants.. Warren Day 103 South End Croydon SuT￿Y CRO 1BG Bankers: Santander Commerdal Bank BRAM. Bridle Road, Boolle. Mersey6ide GIR OA4 Trustees-. Melanie Moore Carole Bonner Robert Ellvjtt THE LEARNING TREE PRE4CHOOL Report of the trustees for the year ended 31 December 2020 Trust•os' responsibilitiès in rnlation to the financFal statements Law applicable lo charities in England aThJ Wales requires the Iruslees to prepare financial statements for each financial year. which give a true and fair view of the charrtvs financial actiwties during the year and of its rinanryal position at the end of the year. In preparing those finanoal statements. the tnjslees are required lo.. Select suitable accountsng policbes and then apply them c￿nSISten￿, Make Sudgments and estimates that are reasonable and Prudent.. Stale whether appllcable accounting stsndards and 51alements of recommended practice have been followed subject lo any departures discjosed and eX￿ained in the financial ststements,. and Prepare the financial statements on the goiry cO￿￿M basis unless it is inappropriate lo presume that the charity will continue In business. The Iruslees ar8 responsib18 for keeping acn)unllng records. which disclose vAlh re8sonable 8ccuracy al any lime the financial position of Ihe charity and enable them to ensure Ihat Ihe financial statements comply with the Charitie$ Act 1993. They are also responyble for safeguarding the ass8ls of the charlly and henrA for taking reasonable steps for the preventw)n and detection of fraud and other Irregularities. This report has been prepared In 9t￿)rdance wlih the Ststement of Rets)mmend&Y Practice.. Accounting and Rewrts'ng by Charities {issu8d in March 2005). Approved by the trustees on . . and s￿ned on its behalf by. THE LEARNING TREE PRE4CHOOL Independent examinern report to the Trustees of The Learnlng Tree Pre-school I on the ￿nts oftha Ch¥to14e forthe yew 31 D￿•M1￿ 2020, which are set o on pages 4 10 10. The Truslees are reSpOn￿b￿ for the Lrfth• ¥c¥)unts. The Bowd Memters co￿￿Jer that an audt not requiredforth* Year¥JThJerSect￿ 144(2) oflh8 Chan￿A¢12011 r2011 Wl that an lTh*oTra•nt Homng Salisr￿d my%eMthat th8 ch•lty SLtyctto and 18 independ￿1 •xamffwtson, Lt my rn8P¢XWtilty to.. E¥xnirnttr* under 145 clllw 2011 Art. lofdio* the pr￿￿lureS Lwd thy•m in thè genwd Dri￿)nB gTrMn by th• C￿rIY Cunm¢88ion under S￿110￿ 145(SXb) (rf the 2011 Art and Idi) Basls of Ind•p•nd•nt Ex*mOn•rf* r•port My examinal*)n w8# cam8d ojt in ￿danCe wth thg general DiTrc*KTh giv•n by the Charly CommB8h)n. An examinolb)n incknlu a MI￿ ￿ the a￿￿nbIl0 rw(ls kept by th• charity and a CLfflparknn of Ihe presented Ihcth r•ctyth. St allo in¢bAles con$*Serknn of any unu8ual item8 or di8dtssure8 in the pAcounts. exp&n8t￿n8 fr(*n Y(￿ 88 Ill￿1￿ cor¢eming $u¢h mall•rn. Tho pro¢•dur•8 uThYertak•n do not provbde 811 olthe eMd•nc• thal b6 in an audrt and ccYwuenlJy no s¥inion 15 given as lo tho accowrt8 we8￿t a Iru• and f•rvthrf ￿¥1 th• rwl 18 lim*•J to mjttern ael rt In the 8tstMnent bekyw. la) m• reaSc¢t8b￿ cau8• to bol0￿ m8twA•l lup￿t tha r•qulitmvArts'. To pT•pare aCC￿nts ¥•fth thè reci￿d8 wrth tr* Met￿￿$ and winapkn sts1￿)ert of ReeuT¥n•rthd Prth.. AccounbrwJ and ReWing by Charit￿$, Ib} To*th*h. in my opink)n, 8hoLld Ix•*•*n in order lo on&1￿ a pmper ut#Jer8tand*)g of thg JOM Gon￿1¥• WT Warr•n D•y 13-ék-Z• THE LEARNING TREE PRE4CHOOL Statement of financlal activities for the year ended 31 December 2020 Notes Total 2020 Total 2019 Incomlng Resources Incomlng resources fmm 9enerated funds Voluntary InLX)me Incoming resources from ch8n18ble acliwlies 312.471 8.694 13.398 29,750 Tolal Incomlng r080urc 325.869 388,444 Re•our¢eJ expended Charrtable aclwil Govemance Costs 357,447 2.327 383,9)2 2.327 Total resources expended 359.774 386.229 N81 incomi￿1{0UIgolng} resources before transfers revaluations and investrnent asset disposals Net Movement In Fund8 Balanc• at Jan (35.504) 2,216 309 834 307 618 Balance at 31•t D•c The notes on pages 6 to 10 fomi part of these financial statsmenls. THE LEARNING TREE PRE-SCHOOL Balance sheet as at 31 December 2020 2020 2019 Flxed Assets Tangible Fixed Assets Current Assets Cash al bank and in h8nd Debtors 244,953 31,561 278,273 31,561 Lèss.. Credltorn Amounts due within one year - 2184 Net current assot• 274.330 309,834 Total assets less current liabllltl•s 274.330 309,834 Represented By.. Unreslricled Funds 274,330 309.834 274,330 309,834 Approved by the Trustees on ... . and signed on their behaw. - Trustst THE LEARNING TREE PRE-SCHOOL Notes to financial ststements for the year ended 31 December 2020 1 Accounting policies The principal acctsjnling policbes are set cwt below. The accounting policies have been adopted consistently throughout the year. a) Basls ofaccountlng The financial statements have been wepared under the historical cost convention and aro in accordance wth the Slalemenl of Recommended Practice.. A¢¢ountlng and ReFX)rting by Charities Issued in March 2005 arkd applicabkg accounting stand8rds. b) Tanqlblg FlxedAssets and Deprnclatlon Tangible fixed assets are included in the balance sheet al cost or al rna￿81 value al tho dale of the glft. Depreciation Is c8kulale(I by reference to the cosl of fixed assets using a stralghl-line basis considered appropriate lo the expecied lives of the fixed assels. The annual rates of depreciation in U88 are: Furniture and Fitting Computer and office equipment 25% c) Funds Unr•strlct•d: these a￿ fvnds. vthich can be used n aCc￿￿anCe with the charitable objects at the discretion of the trustees. R•strl¢tod.. these are funds that Can (K)Iy us8 for particular restricted purposes defined by the benefactor and wlhin the oty.ects of the charity. d) Incomlng rnsources Irtscoming resources from charitable actmiies funds rewesents net invoiced sal8s of goods 8nd exduding value added tsx. Donations and other voluntsry incom8 are rwni%ed when the Pre-sch￿1 bec4)m8s legally entitled to such monies. Grants are recognised in tho year in ￿lch they are approved arHJ notrfied. THE LEARNING TREE PRE-SCHOOL Notes to financlal statements for the year ended 31 December 2020 Accounting policies (conL) e) Resources expended Expenditure is recognised ￿en a liatrilty is incurred. Costs of generating funds are those costs incurred in attracting voluntary incnme, and those incurrèd in trading activrtles that raise funds. Support costs Include central funcllons and have been allocated lo cost Catego￿8$ on a basis consistent with Ihe use of resources. fj VAT Thè charity 1$ r)ot rrfi$lered forVAT and accudingly exp8ThJilure indud88 VAT where appropriate. 2 Voluntary Income 2020 2019 Earty Years Funding Granls 312.471 358,694 Total 312,471 358,694 3 Charltable Actlvllles Provl$lon of pYev$¢hool nutsery educali¢>n 2020 2019 Attendance Fees IEady Year Fessl Chlldc8re Fee 13,398 29,750 Totsl 13.398 29,750 4 Total Resourcès EX￿nded tsff Cos 2020 2019 2020 2019 2020 2019 2020 2019 Cosl for Geneftting Funds Activities Chantabl8 activities Pre-school actiwties 314 087 323 050 17 359 774 386 228 Total resources ex￿nded 314 087 323 050 4S687 63 178 359 774 386 228 THE LEARNING TREE pRE￿CHOOL Notes to financial statements for the year ended 31 December 2020 5 Staff Cosls 2020 2019 Staff Costs Wages and Salaries Soclal Security Pension Costs Total 301,282 6.490 308,996 7,718 32 Support Costs Stslionery, P￿0C0p￿ng 8nd postage Premises. running & security costs Insurance Telephone Other Total 8,365 2.233 2,685 4,195 2,213 2,662 No Iruslee receSved nelther any r6mun8ration nor any reimbursement of gxp8n8e8 du￿ng tha year. 6 Tanglble Flxed Assets COMp￿er Equlpment Furnlture and Equlpm¢nl Offlce Equlpment Total Cosl Al 11tJan 2018 and Al 3111 Dec 2018 329 Dèpreclation Al 18¢Jan 2018 and At31*Dec2018 N8t Book Value At 15lJan 2019 And At 3111 Dec 2019 7 Taxation The charity is exempl from corF4)ration tax C￿ ils charitable athth"es. THE LEARNING TREE PRESCHOOL Notes to financial statements for the year ended 31 December 2020 8 Funds Analysis of a55ets by lund Fixed Assets Cash in haThl Debtors Creditors 244,9S3 31,561 Totsl THE LEARNING TREE PRE-SCHOOL Notes to financial statements for the year ended 31 December 2020 2020 2019 Income Childcare Fees Attendance Fees E8rly Years Funding Early Year Fees 7.128 29,750 358,694 312.471 6.270 Total Incom8 Expendlture PPE - Work Safety Cosl Staff Costs Rent Premises. Running and Security Costs Printing, Stationery 8nd postage Insurance Toys and PL8y materials Telephones Accounlants Fees Training Travel and Entertainment 0th8r 1.633 314,087 9.448 323,050 13,410 8.365 2.080 4,195 941 2,233 17,096 2,685 2,327 276 2,213 29,706 2,662 2,327 2.059 3,120 Total Expendlture Not InGom•l(Lo3$) Net Movement In Funds General fund balance 8S al 1StJ8n Net def￿1 for year Balance as at 31* Oec 309.834 307,618 274 10