Company registration number: 04861822 Charity registration number: 1100529
Haltwhistle Little Star Pre-School
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 August 2023
CI Accountancy Ltd 11-12 The Courtyard St. Mary's Chare Hexham Northumberland NE46 1NH
Haltwhistle Little Star Pre-School
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance Sheet | 6 to 7 |
| Notes to the financial statements | 8 to 15 |
| The following pages do not form part of the statutory financial statements: |
Statement of financial activities per fund 16 to 17
Haltwhistle Little Star Pre-School Reference and Administrative Details
| Charity name | Haltwhistle Little Star Pre-School |
|---|---|
| Charity registration number | 1100529 |
| Company registration number | 04861822 |
| Principal office | Woodhead Lane |
| Haltwhistle | |
| Northumberland | |
| NE49 9DP | |
| Registered office | Woodhead Lane |
| Haltwhistle | |
| Northumberland | |
| NE49 9DP | |
| Trustees | Lydia Denise Roberts |
| Joanne Atkinson | |
| Hazel Marie Fletcher | |
| Secretary | Lydia Denise Roberts |
| Accountant | CI Accountancy Ltd |
| 11-12 The Courtyard | |
| St. Mary's Chare | |
| Hexham | |
| Northumberland | |
| NE46 1NH |
Page 1
Haltwhistle Little Star Pre-School
Trustees' Report
The trustees present their report and the financial statements for the year ended 31 August 2022. The trustees, who are also directors of Haltwhistle Little Star Pre-School for the purposes of company law and who served during the year and up to the date of this report are set out on page 1.
Structure, governance and management
Structure
Haltwhistle Little Star is a Private Company, limited by Guarantee with no Share Capital, formed under Section 30 of the Companies Act.
Governance
The Charity is governed by the trustees who meet twice a year to plan the short and long term aims and also set out the strategies required to meet these aims. There is a child protection policy in place, DBS checks are also carried out prior to employment or trusteeship. Trustees receive no remuneration or other benefits, and give their time voluntarily.
Management
The management of the Charity on a day to day basis is controlled by Ms C Roberts and Ms S Roberts. Financial control is operated by Mrs D Roberts. Charity policy decisions are made by the trustees in consultation with the managers.
Objectives and activities
Objectives
To enhance the development and education of children, primarily under statutory school age, by encouraging parents to understand and provide for the needs of their children through community groups and by: (A) offering appropriate, play, education and care facilities, together with the right of parents to take responsibility for, and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability, (B) encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs: (C) instigating and adhering to and furthering the aim of The Pre-School Learning Alliance.
Activities
In order to achieve these objectives, the Charity operates a pre-school nursery for children in Haltwhistle and the surrounding area from birth to 4 years of age.
The Charity also operates before and afterschool clubs – the majority of children for these sessions attend from Haltwhistle Community Campus First School although children from other schools are also very welcome.
Achievements and performance
Achievements
During the year, the Charities goals and objectives were achieved.
During the year we worked hard making our environment as inviting as possible. We have used natural colours and textures to provide a calming environment that children can thrive and achieve in.
We thank our staff for facing the challenges the pandemic brought and continuing to work for the best interests of children attending.
Staff Training
Page 2
Haltwhistle Little Star Pre-School
Trustees' Report
Staff continue to update their knowledge
The whole staff team undertook Paediatric First Aid Training.
Managers, Samantha and Claire renewed the Level 2 Food Hygiene Training and Allergy Training, ACES (Adverse Childhood Experiences) Training and Oral Health Training Refresher.
Claire attended a Working with Babies course.
Samantha is a Thrive licenced practitioner.
Fundraising and donations
We were very honoured to have received a donation from Ellie Spirit of Haltwhistle Fund. We received £625, and this was used towards running costs. Ellie’s children both attended Little Star and we give our heartfelt condolences to the family.
We had a Christmas raffle and table top sale which raised £95. All money raised was spent on treats for all the children over the Christmas period.
Our Easter raffle made £49.
We made £36.53 from Amazon Smile promotion.
Investments
The trustees are very conscious of the need to be responsible when it comes to investing the Charities surplus funds. At the present time, it has been decided that these surplus funds should only be invested in a deposit account based with our current bankers.
We thank our fantastic committed staff team for efforts during a very trying year.
Small company provisions
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved by the Board and signed on its behalf by:
.........................................
Lydia Denise Roberts Trustee Date:................................
Page 3
Independent Examiner's Report to the Trustees of
Haltwhistle Little Star Pre-School
I report on the accounts of the company for the year ended 31 August 2023, which are set out on pages 5 to 15.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 386 of the Companies Act 2006; and
-
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
......................................... CI Accountancy Ltd Date:................................
11-12 The Courtyard St. Mary's Chare Hexham Northumberland NE46 1NH
Page 4
Haltwhistle Little Star Pre-School
Statement of Financial Activities (including Income and Expenditure Account) for the Year Ended 31 August 2023
| Note Incoming resources Incoming resources from generated funds Voluntary income 2 Incoming resources from charitable activities 4 Total incoming resources Resources expended Costs of generating funds Costs of generating voluntary income 5 Charitable activities 5 Governance costs 5 Total resources expended Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 56,917 31,967 88,884 91,066 80 1,440 92,586 (3,702) 5,214 1,512 |
Restricted Funds £ - 4,855 4,855 - 4,855 - 4,855 - - - |
Total Funds 2023 £ 56,917 36,822 93,739 91,066 4,935 1,440 97,441 (3,702) 5,214 1,512 |
Total Funds 2022 £ 70,602 44,737 |
|---|---|---|---|---|
| 115,339 | ||||
| 118,455 4,935 1,667 |
||||
| 125,057 | ||||
| (9,718) 15,053 |
||||
| 5,335 |
The notes on pages 8 to 15 form an integral part of these financial statements.
Page 5
Haltwhistle Little Star Pre-School (Registration number: 04861822)
Balance Sheet as at 31 August 2023
| Note Fixed assets Tangible assets 10 Current assets Debtors 11 Cash at bank and in hand Creditors: Amounts falling due within one year 12 Net current liabilities Total assets less current liabilities Creditors: Amounts falling due after more than one year 13 Net assets The funds of the charity: Restricted funds Unrestricted funds Unrestricted income funds Total charity funds |
2023 £ £ 141,388 858 3,462 4,320 (9,688) (5,368) 136,020 (134,508) 1,512 - 1,512 1,512 |
2022 £ £ 146,323 973 5,504 6,477 (8,102) (1,625) 144,698 (139,363) 5,335 - 5,335 5,335 |
2022 £ £ 146,323 973 5,504 6,477 (8,102) (1,625) 144,698 (139,363) 5,335 - 5,335 5,335 |
|---|---|---|---|
| 144,698 (139,363) |
|||
| 5,335 | |||
| - 5,335 5,335 |
The notes on pages 8 to 15 form an integral part of these financial statements.
Page 6
Haltwhistle Little Star Pre-School (Registration number: 04861822)
Balance Sheet as at 31 August 2023
......... continued
For the financial year ended 31 August 2023, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors 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 and with the Financial Reporting Standard for Smaller Entities (effective April 2008 January 2015).
Approved by the Board on ................... and signed on its behalf by:
.........................................
Hazel Marie Fletcher Trustee
The notes on pages 8 to 15 form an integral part of these financial statements.
Page 7
Haltwhistle Little Star Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2023
1 Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006.
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Further details of each fund are disclosed in note 17.
Incoming resources
Voluntary income including donations and grants that provide core funding or are of a general nature is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract or where entitlement to grant funding is subject to specific performance conditions. Grant income included in this category provides funding to support programme activities and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds are the costs associated with attracting voluntary income.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Fixed assets
Individual fixed assets costing £500 or more are initially recorded at cost.
Page 8
Haltwhistle Little Star Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2023
......... continued
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Leasehold properties straight line over 50 years Fixtures, fittings & equipment straight line between 4 and 10 years
Operating leases
Rentals payable under operating leases are charged in the statement of financial activities on a straight line basis over the lease term.
Pensions
The charity operates a defined contribution pension scheme. Contributions are charged in the statement of financial activities as they become payable in accordance with the rules of the scheme.
2 Voluntary income
| Donations and legacies Appeals and donations Interest on cash deposits Grants Grants - other agencies Early Education Provision Grants - other agencies WFRU - Milk Grants - other agencies Fundraising Appeals and donations |
Unrestricted Funds £ - 13 13 - 28,640 91 28,173 56,917 |
Restricted Funds £ - - - - - - - - |
Total Funds 2023 £ - 13 13 - 28,640 91 28,173 56,917 |
Total Funds 2022 £ 546 - |
|---|---|---|---|---|
| 546 966 44,022 87 24,981 |
||||
| 70,602 |
Page 9
Haltwhistle Little Star Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2023
......... continued
3 Grants receivable
| Grants - other agencies | Unrestricted Funds £ 28,731 |
Restricted Funds £ 4,855 |
Total Funds 2023 £ 33,586 |
Total Funds 2022 £ 49,930 |
|---|---|---|---|---|
4 Incoming resources from charitable activities
| 2 to 4 Area Appeals and donations Pre-school Nursery Grants - other agencies |
Unrestricted Funds £ 31,967 - 31,967 |
Restricted Funds £ - 4,855 4,855 |
Total Funds 2023 £ 31,967 4,855 36,822 |
Total Funds 2022 £ 39,882 4,855 |
|---|---|---|---|---|
| 44,737 |
Page 10
Haltwhistle Little Star Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2023
......... continued
5 Total resources expended
| Direct costs Cost of goods sold Employment costs Establishment costs Repairs and maintenance Subscriptions and donations Cleaning Bank charges Depreciation of tangible fixed assets Support costs Office expenses Printing, posting and stationery Advertising and promotion Accountancy fees Legal and professional costs |
Donations and legacies £ 2,653 71,250 6,881 2,709 2,269 1,287 49 - 87,098 812 393 339 - 2,424 3,968 91,066 |
Pre-school Nursery £ - - - - - - - 4,935 4,935 - - - - - - 4,935 |
Governance £ - - - - - - - - - - - - 1,440 - 1,440 1,440 |
Total £ 2,653 71,250 6,881 2,709 2,269 1,287 49 4,935 |
|---|---|---|---|---|
| 92,033 | ||||
| 812 393 339 1,440 2,424 |
||||
| 5,408 | ||||
| 97,441 |
6 Trustees' remuneration and expenses
No trustees received any remuneration during the year.
7 Net expenditure
Net expenditure is stated after charging:
Depreciation of tangible fixed assets
| 2023 | 2022 |
|---|---|
| £ | £ |
| 4,935 | 4,935 |
Page 11
Haltwhistle Little Star Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2023
......... continued
8 Employees' remuneration
The aggregate payroll costs of these persons were as follows:
| Wages and salaries Social security Other pension costs |
2023 £ 67,585 512 1,934 70,031 |
2022 £ 93,822 3,064 1,170 |
|---|---|---|
| 98,056 |
9 Taxation
The company is a registered charity and is, therefore, exempt from taxation.
Page 12
Haltwhistle Little Star Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2023
......... continued
10 Tangible fixed assets
| Freehold interest in land and buildings (including heritage assets) £ Cost As at 1 September 2022 and 31 August 2023 242,735 Depreciation As at 1 September 2022 96,649 Charge for the year 4,855 As at 31 August 2023 101,504 Net book value As at 31 August 2023 141,231 As at 31 August 2022 146,086 |
Fixtures, fittings and equipment £ 795 558 80 638 157 237 |
Total £ 243,530 97,207 4,935 102,142 141,388 146,323 |
|---|---|---|
11 Debtors
| Trade debtors Creditors: Amounts falling due within one year Trade creditors Taxation and social security Other creditors Accruals and deferred income |
2023 £ 858 2023 £ 1,887 498 5,803 1,500 9,688 |
2022 £ 973 |
|---|---|---|
| 2022 £ 47 1,346 5,209 1,500 |
||
| 8,102 |
12 Creditors: Amounts falling due within one year
Page 13
Haltwhistle Little Star Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2023
......... continued
13 Creditors: Amounts falling due after more than one year
| Other creditors | 2023 £ 134,508 |
2022 £ 139,363 |
|---|---|---|
14 Members' liability
The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
15 Pension scheme
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the period represents contributions payable by the charity to the scheme and amounted to £1,934 (2022 - £1,170).
Contributions totalling £948 (2022 - £354) were payable to the scheme at the end of the period and are included in creditors.
Page 14
Haltwhistle Little Star Pre-School
Notes to the Financial Statements for the Year Ended 31 August 2023
......... continued
16 Related parties
Controlling entity
The charity is controlled by the trustees who are all directors of the company.
17 Analysis of funds
| General Funds Unrestricted income fund Restricted Funds Restricted income fund |
At 1 September 2022 £ 5,214 - 5,214 |
Incoming resources £ 88,884 4,855 93,739 |
Resources expended £ (92,586) (4,855) (97,441) |
At 31 August 2023 £ 1,512 - |
|---|---|---|---|---|
| 1,512 |
18 Net assets by fund
| Tangible assets Current assets Creditors: Amounts falling due within one year Creditors: Amounts falling due after more than one year Net assets |
Unrestricted Funds £ 146,243 4,320 (1,427) - 149,136 |
Restricted Funds £ (4,855) - (8,261) (134,508) (147,624) |
Total Funds 2023 £ 141,388 4,320 (9,688) (134,508) 1,512 |
Total Funds 2022 £ 146,323 6,477 (8,102) (139,363) |
|---|---|---|---|---|
| 5,335 |
Page 15
Haltwhistle Little Star Pre-School
Statement of financial activities by fund Year Ended 31 August 2023
| Incoming resources Incoming resources from generated funds Voluntary income Incoming resources from charitable activities Total incoming resources Resources expended Costs of generating funds Costs of generating voluntary income Charitable activities Governance costs Total resources expended Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted income fund 2023 £ 56,917 31,967 88,884 91,066 80 1,440 92,586 (3,702) 5,214 1,512 |
Unrestricted income fund 2022 £ 70,602 39,882 |
|---|---|---|
| 110,484 | ||
| 118,455 80 1,667 |
||
| 120,202 | ||
| (9,718) 15,053 |
||
| 5,335 |
This page does not form part of the statutory financial statements.
Page 16
Haltwhistle Little Star Pre-School
Statement of financial activities by fund Year Ended 31 August 2023
| ......... continued Incoming resources Incoming resources from charitable activities Total incoming resources Resources expended Charitable activities Total resources expended Reconciliation of funds Total funds carried forward |
Restricted income fund 2023 £ 4,855 4,855 4,855 4,855 - |
Restricted income fund 2022 £ 4,855 |
|---|---|---|
| 4,855 | ||
| 4,855 | ||
| 4,855 | ||
| - |
This page does not form part of the statutory financial statements.
Page 17