2023-12-31-accounts

Charity Re8i5Éercd Number: 1099374 HEXTABIX VIIJAGE PRUCHOOL RXIY)RT AND FINANCIAL STATEMEN75 FOR THE YEAR EI¥DED 31ST DECEMBER 2023

HEKfABLE VILLAGE PRE-SCHOOL REPORT AND FINANCIAL sfATEMEN15 FOR THE YEAR ENDED 31sr DECEMBER 2023 Sthtunerf of finoncial vAtviiies Notes to the financial stateM￿ts

HEKfABLE VtLLAGE PRE-SCHOOL REPORT AI¥D FINANCIAL sfATEMEMS FOR THE YEAR ENDED 31ST DECEMBER 20LI S Jeff¢ri¢s C Markey S Srnith N Bi8wood G Hristova R Weatherley (re$1￿j 2Novembtt 2023) JTg C Budd {resig￿l 22ttdNovrynber 2023) Liddon A Valentine (r&s1￿)ed 22 November 2023) Rryhtsred & Pbl•dpAI O(fK¢ The Gallery College Road Swanl¢y BR8 7LT Atto•nlBts 58 Sttmon Drive Swanley K¢ BR8 7HT

Page I HEXTABLE VILLAGE PRE-￿00L TRusfEE'S REPORT FOR THE YEAR ENDED 31sr DECEMBER 20LI Tr Trustees pr¢8¢nt ttir w)nual rep)rt with firAncial statanents of the dwitsble company for the year ended 31st tkcemixr 2023. LEGAL STATUS H¢xtsble Village Pre-school is govern￿1 by its con#ibJtion. The prtrs¢knl IM fdoptAI the 2011 Pr&School Itarning Alliance consti￿ti1)n on 18 October 2017. The PTtrS¢hwl Learning Alltance (PLA) is the governing dwi¢abk IKdy. PLA is irt the voluntary seclor working as Strategic parther with the gov¢rnmenL It sp￿111$¢$ in and camp41￿ fow education for the early yee$ s¢ctor. It aim$ to "promotc quality in t¢-khfy)I settings". Its objective is to overcomc issue5 of suryly. training and ¢￿dItionS for the wothTe¢. It is tho wmmittod to development of Govemmeffl strategy the earty yearfs se¢tor. The PLA visits to sUp￿rt the educ￿10￿ artd offer5 gra￿ fimdinB from head offK¢ fund￿sIn8 c4mpaiBns. The Pre-S¢h(M)I needs to adhere to rules and regul￿10￿$ to qua]ify fow membership to the PLA. This includes submittin8 ¢nd of year 4¢¢ounts to the chartties commission. Ofsted is the 8overnmeni education regul￿￿ a8¢nw. It oui th¢ nationd curriLwlum adherencL of th¢ nurs¢ry ueAtion servi¢¢ through means of list of objedives and qualiry stand&r IRUSTEES The trusth¢s in offiee during th¢ yw were: S Jefferies C Markey S Srnith N Bi8wood G Hrislova R Weatherley L Harrison J Taru C Budd R Liddon A Valentine OWEcfivLs AND AcfiviTIFS The obje¢¢iv¢s of the charity ¢￿inUe to be the enh9nw1￿t of developnent and education of children undtt sthtutory school a84 by en￿￿r￿ing parntsto Unde￿ 8nd pn)vide forthe of their children through COMM￿lty groups. The objective is a150 to deliver we and educ￿10n whilst tnee¢ing I￿￿1VIdUal neds includin8 dev¢loping and implementing Strat¢gi¢s to and extend thildr¢n'$ l¢amin The prfrsthool $￿tIeS an edwation service to lo￿ chhldren from between the ages of 2 and 4 years. A Yolunlary CA)mmitt¢e of pamts mana8&4th¢ it employ5 9trathers inClUdll￿ l thin suptrf)rt sthff who are responsible for the day-t(thy running of the PtsSch(x)l in line with the EYFS. Th¢ stsff re£¢ive regular traintn8.

Pag¢ 2 HEXTABLE VILLAGE PRE-SCH(M)L DIREcfoR'S AND TRU￿EE's REPORT FOR THE YEAR ENDED 31sr DECEMBER 2023 (Co•ti•tyed) We offer rnmiing and afternoon educational sessi￿% (each session is 3 ly)urs) ¢v¢ry wctk dtty. The Prtrschool garden o)ntinues to be L￿d and ¢njoycd by the chRldM on a daily basi4 whatevtt the weather. In addition to universal governmeni fuTMlin& the prtschool offers fTee for 2 fundin8 8￿j since Septhber 2017, also 30 hour fiumling. The Pr￿SCh(m)I are plt•sed to that th¢ re￿It of the l&st inwiion by OFTSED. iti Jartu￿ 2019. was thai the quality and standarts of the earty yeavs w0visi￿ be<n rnt&l as good. The pre-sth￿l1 had a challenging year, inry)me for the year was £169,493 (2022 £158.844) and expenditure w £191.609 (2022 £175.447). The main ehallenge forthe hts been the minimum wdge in￿¢￿5e artd couple that with ihe on80ing fuel in¢r¢&y¢s. The majority sessions w¢r¢ fi￿1 to capaciiy. Ckn on8oing goal is to to use the In￿￿¢ from fees Ind fimding to C4)ve¥our hig1¢ nthnin8 costs such as staff costs and rt and to support xtiviti&8 will enhance the childm's Pr¢5chool experience and environm¢nL I￿r main finAncial aim i$ ts) rethin ow res¢ry¢s * 2pproximely the $8m¢ level. We will CA)Minue to s￿d carefulty •nd fimdrdise as much as possible to med this aim. FUNDRAISING Government Parattal Means of Funding Children we eligible for fundi￿ from th¢ Kent County Council in the tenn aft¢rth¢ir third birthd&y. Even though w¢ kn¢w it would be diffi￿lt year financia]ly we made the decision that the fees for parents who h&ve to PAY have no¢ b¢ inL¥e4sed flom £65.50 pet 3 hour s¢ssion for Sch￿)1 year 202312024. In 2023 £3,821 (2022 £1.331) was raised through futhisin8 events whi¢h is m(rt than double that we rnised in 2022. This money supplies the Pre-school wth new equipment •s new toys and learning resource5 ¢t¢. The fundraisin8 team on the commits¢e are responsible forthe plannin& organisin8. sellin8 up of events. clearing up and the storaBe and stock tske of Acrtd refr¢shm¢n¢s with 5upw￿ from committee and PArents. In 2023 the ￿MMIttee were able to do variety of fuThlraising ¢v¢nts for E&%ter. Summer & Chris¢m&s fayr¢ and a hu8ely successful and popular Halloween Party. The Surnm¢r2023 Fayre w&$ asuccessfvl fithisingevent agreat day ftsrthe whole￿mmunIty. The incA)me that has been rnised will assist in fiwthw deVelopn￿l of our wden and outth play 8reA and towards the fvnding of ChrIs¢m￿ and leavers gift& PUBLIC BENEFIT In pl8nnin8 ￿tivitIeS for the year, the tnL8te&4 (￿)firni the C1wity Commi$5ion's 8uTrdanee on public benefit (S￿110￿ 4 of the 2(X16 (Tharitits Art) by.. l. Offering 8ppropriate play f￿lIttieS and tiJiDin8 ￿ and offering Pa[￿ts the OFWtiinity to 8et involved in the activities of such groups. 2. En¢ourngan8 SLudy of the net&8 of such thildrtn and their familie5 and FYfMnoting public inter&%t in, aThJ reC￿Sn1t10n of such need5 in the I¢￿ 8T￿. 3. InMigetin& adhering to and furthering the caus¢ of ￿tr$￿￿K)I l¢arnin8 aliiis. 4. Offering appropriate play fxiliiies and training wurs¢& togets with th¢ right of par¢nts to tske responsibility for and to becom¢ involveAI rn the adivities of y4Jch grow ensuring that such grou[6 offer OPFWtwJities for all children Tegardle&8 of raK cultur¢, religio￿ means ability. the sttyjy of the needs of such children and their families and prThnoting public intmi tn the reLX)8nitson of swh ne¢th in the ar

HEXTABLE VILLAGE PRE-sCH￿L DIRE￿)R's AI¥D TRusfEE'S REIY)RT FOR THE YEAR ENDED 31sr DEC£MBER 2023 (Coti#wl) RECRurrMENf AND APPOINTMENT OF TRusfEES H¢x¢abl¢ Village Prfrschwl thpted the Pttrsd￿I [%￿1￿8 Allian￿ cort4titirtion and we follow the methods laid The tharity h#S￿￿ed the risks to Ithich it is ex&x￿1 artd h8s • to mitigate those risks. Th¢ maim risks faced by th¢ ch￿lty aye in rupxt of maintaining fi￿￿Ing levels in ordtt to continue with the pr¢s¢nt level of seThi( big8e5t risk th the wtr8¢h(K)I fw is fimdin& The maiti your￿ of fix)din8 is nursery vouchers from Kent County Council. which amount￿ to £130.060 (2022 £124,457). This filnding t$ SUSC•)tible to government cut& and the pr school would have to find ￿tern￿1ve mean The prtrthl will put into plrtt a comprthenstve syst¢m of monitorin8 fina￿19]. physic￿ And reW￿lOn81 risks ¢0 which kt is ojrrendy exposa. This include5 irnprovirtg income rnising activities. The ￿tr￿h0O1 now opv8tes on a Strict b￿￿get se¢ a¢ th¢ k8innin8 of theyear, which helF6 lo monitor income And expenditure. Any monies * the eEMJ of the financial year are to be used in securing the prtrsch(xTrls future. The pre- h￿1 will ￿ntinue with its policy of mahntsinin8 reseThes that are quate for it to me¢t its u)ntractual obligvltions. The unrestrictal reserve at 31" DrLxmb¢r 2023 w&8 £44583 (2022 £66.699). TrUSTEES RLSPONSIBILITIES Th¢ Clwtties Act requires the tn￿e$ to prepwe fin￿1#1 ststeM￿ts for each financi81 yew which giv¢ • true gnd fair view of the to affairs of the ￿mPanY the end of the finan¢iAI year and of the surplus or deficit of the charity for y￿. In preparir4 those fiMn¢1￿ the trJtts are required to:. sele£t suitsbl¢ w)liciey and the appty them consiAently; rn4ke jI￿gMents and e￿lma￿S that are re49)n•bl¢ and WLMl¢n¢ follow applicable Xe0tsnt￿ stsndard4 subjert to any mtshal deptrts disclosed and explained in the ￿L%)un￿. prepare the fIn8n¢1￿ staknkthts on the 80in8 c(YKern b£sis unless T¢ is inapprw•t¢ to P￿sUme that the o)mpany will witinue in I￿lA￿l8. The Tru5ttts I￿ r¢5FX)n5ibi¢ kttpin8 u&t¢ ￿￿nting rec(Yds •r¢ sufficient to show and explain the c4)mpany's transactions and dis¢los¢ wtth Te&wnable accuw at any time the financial Fositson of the company and to ¢nabk them to ensure that the financia] sL8temets Comply with the r¢gulion5 made under the Charities ACL They are 4150 r£s￿nsIble for 5thguardingth¢ assets of the wmp8Ay aThl hence for takin8 reasonable steps for the prevention 4nd ddection of fraud aNI other iTregul¥riti Th¢ TrLLStee5 are also resportsible for the c4)ntents of the tnJdees' rem aNI the reswjnsibility of the independent exam1r￿r in relation to the truste￿, rep)rt is limitsj to examining tlx report and ewing thak rn the fac¢ of th¢ r¢porL th¢r¢ a￿ no inwThsislen¢i￿ with the fi8ures dt5cIosed in the financial statements. APPROVAL

Page 4 INDEPEND8Nf gXAMINERS' REPORT TO T(IE TRUSTEES OF HEXTABLE VILIAGE PRE-SCHIXIL FOR THE YEAR END£D 31sr DECEMBER 2023 We have examineAJ the financiai StatUn￿ on pa8&s 5 to 9. These financi￿ Slatan￿ have becn PTep&red UTJder the historical c05t convention and the xcowrting p)licies set out thttein. Resptttfve respoDsiblliti¢g of the tr•s¢eu #Dd euJTriw¢r The Tnjstees. responsibilities forprepftringthe Annual Reportand the financial statements in aco)rd8ncewithapplicable law and United Kingdom Accounting Stsndards are set out in the Sialement of T￿￿CeS Xesponsibilities. The charity's T￿￿ consider that an audit is not rtyUlr￿ for this yeaT under ￿lI)n 144(2) of the Charities Act 2011 and that on It is my r¢sponsibility to.. examine the t£counts undeT S&Mion 145 of the 2011 Act ts) follow the procedures laid do￿ in the Crtnenl Dire{1￿ given by the Chari¢i¢s Commissioner under 8¢ctiort 145{5Mb) of the 2011 ACL. and 10 statr whether partI￿lar rnr5 have L¥Mnt ¢0 my altenti￿. Bmls of opinio My examination was carried out in pKc(rdan¢¢ ￿ th¢ Gmeral Dir¢¢tions given by th¢ Charity Commission. An examination includes a miew of the aceoutrtin8 T￿Ord% kept by the charity and a (xmyrison of the accounts presented with those re￿)rIts. It also includu considerntion of •rty unusual ttems or disclosures in the aecounty thnd the seekin8 of ¢xplanalionJ from you &strurtee concernin8any s￿h matter& The W￿ureS Undert￿t￿ donot provide all the eviden that would be requirnl in an audit arf c(rfwuently no opinion is wv¢n as to whether the accounts present a'tru¢ and f#ir view, and th¢ rewirt 1$ limtl¢d to thos¢ matters set out in th¢ statemeftt below. IndepeHde•t ¢￿￿lDer'I ￿t•￿￿t whieh 8ives me cause to believe M in any nuttti21 resFthX the requirements: (a) to keep arLounting re£ords in a￿Ord￿ with section 130 of th¢ 2011 Act. and (b) to prewe ac<ounts whith xcord with the accountin8 rttords tsy comply with the aecountin8 reqUir￿￿ents of the 2011 ACL. hftv¢ not been m¢L' or to which. in my q)In1￿ atietiti￿ sh￿Id be drnwn in <Yder to enable a proper ￿derStandIng of the bie P¢aTce Pearce accounts consultancy 5¢rvirys Chartered Certified Acc￿￿1¥￿ts 58 Semion Drive Swanl¢y Kcnt BR8 7HT

PA8e 5 HEXTABLE VILLAGE PRMCHOOL srATEMENf OF FINANCIAL A￿1Vr￿[&S FOR THE YXAR ENDED 31ST DECEMBER 2023 31st D¢ttmt¢r 2•23 31•t Det¢ottr 2022 Tot•1 Fundrnty•)g Invest￿nI incow Jncomg re$our¢¢s fromcjjathk T￿l¥￿S lJ31 16 157.497 187 I￿485 161485 TOTAL IN(X)MINGRFXXJ 169.493 169.493 15&8M Fundrni8in8 o)sts aritabk a¢tNitrs 75 191814 174.556 vemance costs 191.( 191,(lYJ 175,447 Net ￿1￿mi]BlOU18oMg ie50111¢C5 Ql116) {21116) li&(A)31 Totsl fvnds broughi kl1w￿d 83.302 Totsl tsr4Thnl 44.583 Thr Stat¢Th￿t of Financiul Activitrs incknjts al and h)sses ￿ th¢y¢or. All in￿ning ond eynd¢d K$ourt¢s deri¥e fmmcontll1ull￿ &tivtss.

8 AT31ST DlfMIR2023 2•23 2022 Debtors Cash at bankand in hand 45,488 45.788 673T2 CREDITORS: A ThUDts falliig due withlli one year l J94 44J83 TOTALASSETS CIJRRFM UABllXTIFS 44J83 FUNDS unItStr￿ed fvnd$ Restmied funds 44J83 44583 Approved behalf of TnLth on ai l iu l ￿(rd si

Page 7 N(YIFS TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED31ST DECEMBER 2023 ACCOUNfiNG POLICILS Basis of preparation of fthancil slatsmellts Th¢ Financial Stst¢m¢nts ar¢ Pr¢￿TryI in P£¢Or￿ with Actounttng and Ryrting by Charyti¢s.' Sthtement of Re£ommended Practice applicable to chariti¢s Trying their a¢￿￿nts in ¥xordan¢e with the Financial Rcporttng Standard dppli¢2bl¢ in the UK arwj Republic of Ir¢land (FRS102) (¢ff¢¢tive l January 20151- (Chws1i¢s SORP (FRS102)). th¢ Finan¢ial R¢wting Stsn(tsrd applRthl¢ in th¢ UK and R¢publi¢ of Jr¢land (FRS102). The firkgncia] ststeM￿ aTe prewryl on a going ¢thL%rn bsi$, v￿le¥ the histori￿[ ry)$t cfflvffition. The ¢hatity is d¢p#th ffi Uffiinuin8 m fthji The charity meets the definitiC￿ of a public b¢nefi¢ ￿tity undeT FRS 102. Assets and liabilities are initially rKognIs￿l a¢ historical costc￿tTan￿ti0nva1ue unless otherw5¢ ststed in the relevant accountin8 policy not¢. 12 Revenue 8rnntsareLyedi￿1to the Siatemertof Financial Activiti￿On the earli￿date ofwhen they a￿T￿e1ved or when thcy are recciY8blc. unltss they relate to a specific firture period. in which case they are included in creditOTS on the Bdance Sheet as a grant rtttivd in thlvance to be reo)Bnised in the fithre accountin8 pericd. (Xher income is included for the pericd to which it relat¢& Rew¥r￿ ¢zpe4ded Expthditure is reeo8nised wlwn a liabiltty is incurred within the chwitttble objects and is ¢lwifl￿ b#w¢¢n charitable a¢tiviti¢5 and governanc¢ costs in acligation to transfcreo)nomi¢ benefit exists.

HExfABLE VILLAGE PR￿Cll￿L NOTES IK) ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31￿ DECEMBER 21ll3 srAFF COSIS avera8e number of ¢ryloytts dwin8the w&s 13 (2022- 13). 2023 2022 147.688 1.804 378 124J16 1.133 207 P¢n$ion ¢osts TRusfEE REMUNERATIOIY AND EXPENSES S J¢ff¢ri¢s rec¢ived r¢mun¢ralion of £21421 {2022- £19.165) dwin8 ts y¢4r. no remuneration w&8 paid to gny t￿￿er trustees. Sm811 chtritable expu￿¢$ ilKurr￿ wtte ￿lM￿A￿se￿ ￿ follows: 2023 2022 S Smith C M4rkey J Taru 550 846 DEFfoRS 2022 2021 CREDrroRS: Amowts fallin8 due within one y¢ar 2013 2022 Pension costs Tax and social sevxity 340

Page 9 HEXTABLE VILLAGE PR￿CH(KIL FOR YEAR EI¥DED 31sr DECEMB￿ 2023 2023 2022 CO￿ F¢¢s ffc¢ived 2&178 13Q(&) 7y7 187 330¥J 124,457 Keni County Counc (hnt$ and eketricty re¢h8ryed Interest received FundraisMI8 and don&t￿nS 16 3J21 l J31 TOTAL ￿COmE 169,493 151844 Food and equÉpnrnt Activities and speech therapy Wages Teryiorw stsff PenS￿n ￿$1$ 7.461 124J16 378 1,133 14505 R¢n¢ and rnt¢s IlJ)8 Light and h¢8t Repai￿ and r¢fiJ￿i￿hnmt ae8nin8 Printtil8. posia8e. statx)nery Otftt costs 6524 4J31 9.028 438 555 510 1275 1122 57) 3291 Insuran Tekphone Subscript¥)ng Sundry ewses Fundraising Costs B•nk ¢harges Paymll ¢wens¢s Accountan￿ fres 349 172 75 113 1.016 IiITALIXPThDlliJRE 175.447 (22,116) 16h03)