Charity number: 1100275
Company number: 04874588
(England and Wales)
Deddington Partnership Foundation Stage Unit
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 August 2020
Deddington Partnership Foundation Stage Unit Contents Page For the year ended 31 August 2020
| Report of the Trustees | 1 to 2 |
|---|---|
| Independent Examiner's Report to the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 11 |
Deddington Partnership Foundation Stage Unit Report of the Trustees For the year ended 31 August 2020
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 August 2020. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2015).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity's objectives are to enhance the education and development of children primarily under statutory school age. The Charity provides opportunities for all children whatever their race, culture, religion, means or ability and in doing so adheres to and furthers the aims and objectives of the pre-school alliance.
The trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
ACHIEVEMENTS AND PERFORMANCE
Over the 2019/20 academic year we had 30 children registered aged between 3 and 4. Children attended the setting between 1 day and 5 days a week.
FINANCIAL REVIEW
The charity recorded a surplus of £11,719 in the year (2019: deficit of £2,787). At 31 August 2020 it had reserves of £74,832.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is governed by a memorandum of association dated 12 August 2003.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Deddington Partnership Foundation Stage Unit Charity registration number 1100275 Company registration number 04874588 Principal address Earls Lane Deddington Oxon
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Elizabeth Irving (resigned 6 October 2020) Lauren Odell (resigned 6 October 2020) Nicola Halton Taja Brown (appointed 6 October 2020) Mary Tustian (resigned 8 October 2019) Phillipa Carson Katrina Murray-Hundley
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Deddington Partnership Foundation Stage Unit Report of the Trustees Continued For the year ended 31 August 2020
Independent examiner
Andrew Donaldson ACA 17 Lake Walk Adderbury Banbury Oxon OX17 3PF
Approved by the Board of Trustees and signed on its behalf by
25 May 2021 Nicola Halton .............................................................................
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Deddington Partnership Foundation Stage Unit Independent Examiners Report to the Trustees For the year ended 31 August 2020
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 August 2020.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 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 charity's accounts 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 examiners 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:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the 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
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 to enable a proper understanding of the accounts to be reached.
Andrew Donaldson ACA 17 Lake Walk Adderbury
Banbury Oxon OX17 3PF
25 May 2021
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Deddington Partnership Foundation Stage Unit Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 August 2020
| Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Other trading activities 4 Grants 5 Total Expenditure on: Raising funds 6 Charitable activities 7/8 Total Net income/(expenditure) Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 150 106,636 1,126 500 108,412 (283) (96,410) (96,693) 11,719 63,113 74,832 |
2019 £ 240 63,386 2,417 - 66,043 (311) (68,519) (68,830) (2,787) 65,900 63,113 |
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Registered Number : 04874588
Deddington Partnership Foundation Stage Unit Statement of Financial Position
As at 31 August 2020
| Notes Fixed assets Investments 13/14 Current assets 15 Debtors Cash at bank and in hand Creditors: amounts falling due within one year 16 Net current assets Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds 17 Total funds |
£ 2020 100 100 7,378 69,616 76,994 (2,262) 74,732 74,832 74,832 74,832 74,832 |
£ 2019 100 100 - 78,665 78,665 (15,652) 63,013 63,113 63,113 63,013 63,113 |
|---|---|---|
For the year ended 31 August 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statement were approved and authorised for issue by the Board and signed on its behalf by:
Nicola Halton Trustee 25 May 2021
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Deddington Partnership Foundation Stage Unit Notes to the Financial Statement
For the year ended 31 August 2020
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement 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 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Deddington Partnership Foundation Stage Unit 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).
Statement of cash flows
The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charitable company is small.
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
2. Income from donations and legacies
| Unrestricted funds Donations received Income from charitable activities Unrestricted funds Nursery Education Funding Fees Holiday Club |
2020 £ 150 150 2020 £ 89,987 14,094 2,555 106,636 106,636 |
2019 £ 240 240 2019 £ 53,644 6,688 3,054 |
|---|---|---|
| 63,386 63,386 |
3. Income from charitable activities
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Deddington Partnership Foundation Stage Unit Notes to the Financial Statements Continued For the year ended 31 August 2020
4. Income earned from other activities
| Unrestricted funds Fund raising events 5. Grants Unrestricted funds Grants 6. Expenditure on other trading activities Unrestricted funds Fundraising events 7. Costs of charitable activities by fund type Unrestricted funds Salaries Support costs 8. Costs of charitable activities by activity type Support costs Activities undertaken directly £ £ Support costs Education 15,387 81,023 |
2020 £ 1,126 1,126 2020 £ 500 500 2020 £ 283 283 2020 £ 81,023 15,387 96,410 2020 £ 96,410 |
2019 £ 2,417 2,417 2019 £ - - 2019 £ 311 311 2019 £ 56,908 11,611 68,519 2019 £ 68,519 |
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Deddington Partnership Foundation Stage Unit Notes to the Financial Statements Continued
For the year ended 31 August 2020
9. Analysis of support costs
| Training Rent & rates Subscriptions Accountancy Sundry expenses Telephone & broadband Equipment expensed Insurance & registration Marketing Resources |
2020 £ 571 4,740 2,320 400 1,429 513 2,109 396 220 2,689 15,387 |
2019 £ 552 4,740 622 500 862 485 1,345 393 210 1,902 11,611 |
|---|---|---|
Support costs includes £400 due to the independent examiner for the examination of the 2020 accounts.
10. Staff costs and emoluments
Total staff costs for the year ended 31 August 2020 were:
| Salaries and wages | 2020 £ 81,023 81,023 |
2019 £ 56,908 56,908 |
|---|---|---|
12. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activities are for unrestricted funds.
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Deddington Partnership Foundation Stage Unit Notes to the Financial Statements Continued
For the year ended 31 August 2020
Investments
13. Analysis of movement of commercial investments
| Market value at 01 September 2019 Market value at 31 August 2020 |
Investments in subsidiaries £ 100 100 |
|---|---|
The company owns 100% of the share capital of Deddington Village Nursery Limited.
14. Analysis of investments between funds as at year ended 31 August 2020
| Unrestricted funds Investments in subsidiaries and related undertakings 15. Debtors Amounts due within one year: Amounts due from subsidiary and associated undertakings Trade debtors 16. Creditors: amounts falling due within one year Trade creditors Amounts due to subsidiary and associated undertakings |
2020 £ 100 100 2020 £ 7,054 324 7,378 2020 £ 2,262 - 2,262 |
2019 £ 100 100 2019 £ - - 2019 £ 1,049 14,603 15,652 |
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Deddington Partnership Foundation Stage Unit Notes to the Financial Statements Continued
For the year ended 31 August 2020
17. Movement in funds
Unrestricted Funds
| Balance at 01/09/2019 £ 63,113 General 63,113 Unrestricted Funds - Previous year Balance at 01/09/2018 £ 65,900 General 65,900 Purpose of unrestricted Funds General General unrestricted fund to further the objectives and aims of the charity. Analysis of net assets between funds Unrestricted funds General |
Incoming resources Outgoing resources Balance at 31/08/2020 £ £ £ 108,412 (96,693) 74,832 108,412 (96,693) 74,832 Incoming resources Outgoing resources Balance at 31/08/2019 £ £ £ 66,043 (68,830) 63,113 66,043 (68,830) 63,113 Investments Net current assets Net Assets £ £ £ 100 74,732 74,832 100 74,732 74,832 |
|---|---|
18. Analysis of net assets between funds
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Deddington Partnership Foundation Stage Unit Notes to the Financial Statements Continued
For the year ended 31 August 2020
Previous year
| Unrestricted funds General |
Investments Net current assets Net Assets £ £ £ 100 63,013 63,113 100 63,013 63,113 |
|---|---|
19. Company limited by guarantee
Deddington Partnership Foundation Stage Unit is a company limited by guarantee and accordingly does not have a share capital.
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