Warwick Pre-school Accounts 31 March 2024 CHARITY NUMBER 1101037 Warwick Pre-school Contents Page Independents Examinels Report Income and Expenditure Account Balance Sheet Accounting Policies Warwick Pre-school Independent examinerfs report to the trustees of Wa￿lICk Pre-school I report on the accounts of the charity for the year ended 31 March 2024 Respective responsibiltties of Irustees and examiner The charitys trustees are responsible for the preparation of Ihe accounts. The chariws 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 examinalion is needed. It is ffiy responsibilty to-. o Examine the accounts under section 145 of the 2011 Acl-. o To follow the procedures laid down in Ihe general directions given by the charity Commission under section 145(5)(b) of the 2011 Act- and o To slate whether particular matters have come to my attention. Basis of independent examinerfs rewrt 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 ol the accounts presented with Ihose records. It also includes consideration ol any unusual items or disclosures in the accounls, 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,. o To keep accounting records in accordance with section 130 of the 2011 Act-, and o To prepare accounts which accord with the accounting records and comply wth the accounting requ rements of the 2011 Act have not been met-. or 2)T which acc un in my opinion, attention should be drawn in order to enable proper understanding ol Ihe e reached. N Khizar NK&COLTD Accountants 50 Pembroke Road London W8 6NX 28 January 2025 Warwick Pre-school Income and expenditure Account for the year ended 31 March 2024 2024 21r23 Income Fees Nursery Educational Grants Fund Raising Other Income Bank Interest Total Income 58,051 123.213 412 85,343 130,121 647 104 81 217.021 2,759 184.435 Expenditure Slaff Costs Cover Staff Slaff Training Telephone Insurance Repairs and Premises Expenses Cleaning Activtties Outings Toys and Equipment Consumables Subscriptions Printing Postage and Stationery Bank Charges Accountancy and professional Total Expenditure 153,727 1,998 170 1,238 1,138 571 751 7.515 124 153,741 1.916 170 1,201 1.186 175 2,103 4,255 147 4,016 3,907 74 504 89 5,100 178,584 1,245 2.268 124 74 5,034 176,461 Net Surplus Balance carried lorward 7,974 38,437 Warwick PrtrS¢hool Balance Sheet as at 31 March 2024 Charity Number: 1101037 2024 2023 Current Assets Bank Balance 435.509 435,509 427,501 427,501 Current Liabilities". Amounts falling due within one year Accruals 1.774 1,740 Net Current Assets 433,735 425,761 Tolal Assets 433,735 425,761 Represented by. Unrestricted Reserves Balance at Start Net surplus for Ihe year Total Reserves 425,761 7,974 433,735 387,324 38,437 425,761 Approved by the trustees on a AF z),),- K Rodrigues Trustee Warwick Pre-school Accounting Policies for the year ended 31 March 2024 1 Accounting Policies Basis of accounting The financial stalements have been prepared under the historic cost convention and in accordance with the accounling policies as set out below. The linancial statements have been prepared in accordance with the statemenl of t4ecommended Praclice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102), the charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019. Going Concem At the time of approving the accounts. the trustees have a reasonable expectation that the charity has adequate resources to continue In operational existence lor the loreseeable future. Thus the trustees continue to adopt the going concern basis of accounling in preparing these financial statements. Incoming resources Donations and bank interest are Credited to Ihe statement of financial activity in the year in which Ihey are receivable. Resources expended Direct charitable expelldtture compromises direct expenses incurred on Ihe defined charitable Purposes of the charily. Governance costs include expenditure on compliance with constitutional and statutory requirements. Suslainability Funding Sustainabilty Funding is shown in the year in which is received or receivable. Taxallon The charity is a registered charty. and therefore is nol liable for income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities. Irrecoverable VAT The charity is unable lo recover VAT since il does not make laxable supplies. The cost of irrecoverable VAT is not separately analysed in. the linancid statemenls. Cash Flow The charity has taken advantage of the exemption in preparing these financial statements as pemitted by FRS 102. The Financial Reporting Standard applicable in the UK and Republic of Ireland. . the requirements of section 7 Statemenl of Cash Flows