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2020-08-31-accounts

Registered number: 04802775 Charity number: 1100803

Cherry Tree Pre School Playgroup

UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31/08/2020

Prepared By:

C T Jones & Co Accountants & Tax Advisors Suite 27, Barnfield House Accrington Road Blackburn Lancs BB1 3NY

Cherry Tree Pre School Playgroup

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/08/2020

TRUSTEES

Nicola Birtwistle Rachel Doyle Barry Gavahan David Thompson Laura Little

REGISTERED OFFICE

St Francis Church Hall St Francis Road, Feniscliffe Blackburn Lancs BB2 2TZ

COMPANY NUMBER

04802775 CHARITY NUMBER

1100803

ACCOUNTANTS

C T Jones & Co Accountants & Tax Advisors Suite 27, Barnfield House Accrington Road Blackburn Lancs BB1 3NY

page 1

Cherry Tree Pre School Playgroup

ACCOUNTS

FOR THE YEAR ENDED 31/08/2020

CONTENTS

Page
Report of the Trustees 3
Independent Examiner's Statement 4
Accountant's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Cash Flow Statement 9
Notes to the Accounts 10 to 14
Detailed Statement of Financial Activities 13

page 2

Cherry Tree Pre School Playgroup

FOR THE YEAR ENDED 31/08/2020 TRUSTEES' REPORT

The trustees present their report and accounts for the year ended 31/08/2020

PRINCIPAL ACTIVITIES

The principal activity of the charity in the year under review was 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 facilities and training courses, together with the right of the parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children regardless of race, culture, religion or means (B) encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas (C) instigating and adhering to and furthering the aim of pre-school learning alliance.

STRUCTURE GOVERNANCE AND MANAGEMENT

The charity is a company limited by guarantee, incorporated as Cherry Tree Pre-School Playgroup. The company is registered as a charity governed by its memorandum and articles of association.

The trustees, who are also directors for the purpose of company law, and who served during the year were:-

Nicola Birtwistle

Rachel Doyle Barry Gavahan David Thompson Laura Little

Anne Bladon

None of the trustees had any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.

This report was approved by the Board of Trustees on 09/11/2020

Barry Gavahan Trustee

page 3

Cherry Tree Pre School Playgroup

INDEPENDENT EXAMINER'S STATEMENT

FOR THE YEAR ENDED 31/08/2020

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHERRY TREE PRE SCHOOL PLAYGROUP

I report on the accounts of the company for the year ended 31/08/2020 .

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. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of . Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

BASIS OF INDEPENDENT EXAMINERS STATEMENT

My examination was carried out in accordance with 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.

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Cherry Tree Pre School Playgroup

INDEPENDENT EXAMINER'S STATEMENT

FOR THE YEAR ENDED 31/08/2020

INDEPENDENT EXAMINERS 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:

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

...................................................

Date: 09/11/2020

C T Jones & Co Accountants & Tax Advisors Suite 27, Barnfield House Accrington Road Blackburn Lancs BB1 3NY

page 5

Cherry Tree Pre School Playgroup

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS OF CHERRY TREE PRE SCHOOL PLAYGROUP, FOR THE YEAR ENDED 31/08/2020

In order to assist you to fulfill your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cherry Tree Pre School Playgroup for the year ended 31/08/2020 as set out on pages - to (1) from the company's accounting records and from information and explanations you have given us.

As a practising member of the , we are subject to its ethical and other professional requirements which are detailed on their website.

This report is made solely to the Board of Directors of Cherry Tree Pre School Playgroup, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Cherry Tree Pre School Playgroup and state those matters that we have agreed to state to the Board of Directors of Cherry Tree Pre School Playgroup, as a body, in this report, in accordance with the requirements of the as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cherry Tree Pre School Playgroup and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Cherry Tree Pre School Playgroup has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of Cherry Tree Pre School Playgroup. You consider that Cherry Tree Pre School Playgroup is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Cherry Tree Pre School Playgroup. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

C T Jones & Co Accountants & Tax Advisors Suite 27, Barnfield House Accrington Road Blackburn Lancs BB1 3NY 09/11/2020

page 6

Cherry Tree Pre School Playgroup

Statement of Financial Activities
for the year ended 31/08/2020
Income
Income from generated funds
Donations and legacies
Income from charitable activities
Total Income and endowments
Expenses
Costs of generating funds
Expenditure on Charitable activities
Total Expenses
Net gains on investments
Net Income
Gains/(losses) on revaluation of fixed assests
Net movement in funds:
Net income for the year
Total funds brought forward
Net funds carried forward		 Unrestric
ted funds
£
5,000
68,091
73,091
72,356
72,356
735
735
29,187
29,922		 Restricte
d funds
£
-
-
-
-
-
-
-
-
-		 2020
Total
£
5,000
68,091
73,091
72,356
72,356
735
735
29,187
29,922		 2019
Total
£
-
94,285
94,285
78,487
78,487
15,798
15,798
13,389
29,187

This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

page 7

Cherry Tree Pre School Playgroup

BALANCE SHEET AT 31/08/2020
Notes
FIXED ASSETS
Tangible assets
2
CURRENT ASSETS
Cash at bank and in hand
CREDITORS: Amounts falling due within one year
3
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CAPITAL AND RESERVES
Unrestricted funds
5
Designated funds		 31,099
31,099
9,003		 2020
£
7,826
22,096
29,922
29,922
29,922		 29,012
29,012
9,050		 2019
£
9,225
19,962
29,187
29,187
29,187

For the year ending 31/08/2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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.

Approved by the board of trustees on 09/11/2020 and signed on their behalf by

.............................

Barry Gavahan Trustee

page 8

Cherry Tree Pre School Playgroup

CASH FLOW FOR THE YEAR ENDED 31/08/2020

CASH FLOW FOR THE YEAR ENDED 31/08/2020
Notes
NET CASH OUTFLOW FROM OPERATING ACTIVITIES
7a
CAPITAL EXPENDITURE AND FINANCIAL INVESTMENT
NET CASH OUTFLOW BEFORE FINANCING
FINANCING
DECREASE IN CASH		 2020
£
(2,913)
(2,913)
(2,913)

page 9

Cherry Tree Pre School Playgroup

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/08/2020

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

1b. Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

1c. Resources Expended

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 attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1d. Allocation And Apportionment Of Costs

All costs relate to the single activity of the charitable company and are recognised accordingly.

1e. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.

1f. Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings

reducing balance 15%

1g. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

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Cherry Tree Pre School Playgroup

2. TANGIBLE FIXED ASSETS

2. TANGIBLE FIXED ASSETS
Cost
At 01/09/2019
At 31/08/2020
Depreciation
At 01/09/2019
For the year
At 31/08/2020
Net Book Amounts
At 31/08/2020
At 31/08/2019		 Fixtures
and Fittings
£
55,036
55,036
45,811
1,399
47,210
7,826
9,225		 Total
£
55,036
55,036
45,811
1,399
47,210
7,826
9,225

3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Taxation and social security
Other creditors		 2020
£
563
8,440
9,003		 2019
£
610
8,440
9,050

4. LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £1, to the company should it be wound up. At 31/08/2020 there were members.

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Cherry Tree Pre School Playgroup

5. UNRESTRICTED FUNDS

Brought
forward
£
29,187		 Incoming
resource
s
£
73,092
Outgoing
resource
s
Transfers
£
£
(72,357)
-
(72,357)
-		 Carried
forward
£
29,922
29,187 73,092 29,922

6. RESTRICTED FUNDS

Brought Incoming
Outgoing
**Transfers **
Outgoing
**Transfers **		 Carried
forward resource resource forward
s s
£ £ £ £ £

Preschool fees Donations and fund raising

7. NOTES TO THE CASHFLOW STATEMENT

7a. Reconciliation of operating profit to net cash flow from operating activities

Operating profit
Depreciation of tangible assets
Decrease in creditors
Net cash outflow from operating activities
7b. Analysis of changes in cash and cash equivalents during the year
Balance at 01/09/2019
Net cash inflow
Balance at 31/08/2020		 2020
£
29,012
2,087
31,099		 £
(4,265)
1,399
(47)
(2,913)
2019
£
10,256
18,756
29,012

page 12

Cherry Tree Pre School Playgroup

Incoming Resources
for the year ended 31/08/2020
Incoming resources
Incoming resources from generated funds
Charitable Activity
Preschool fees
Donations and fund raising		 67,303
788		 2020
£
5,000
68,091
68,091
73,091		 92,877
1,408		 2019
£
-
94,285
94,285
94,285

page 13

Cherry Tree Pre School Playgroup

Expenses for the year ended 31/08/2020

Expenses
Costs of generating funds
Charitable Activities
Milk
Toys, books and software
Food, consumables and software
Art and activity materials
Rent
Cleaning
Repairs and renewals
Wages - regular
Equipment rental
Professional fees
Stationery & office supplies
Sundry expenses
Depreciation of fixtures and fittings
Depreciation of equipment
Governance Costs
Auditors' fees for non-audit work
Insurance
Telephone
Subscriptions		 2020
£
245
711
425
268
10,440
340
930
54,962
264
175
291
488
985
414
70,938
700
288
360
70
1,418
72,356		 2019
£
245
776
464
583
10,440
404
1,237
58,714
264
460
397
516
2,157
486
77,143
700
276
298
70
1,344
78,487

page 14