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2023-08-31-accounts

Minutes for the Gipsey Bridge Pre-school AGM
Date: 13/11/23 Meetng opened at: 19.04pm
Minutes for the Gipsey Bridge Pre-school AGM
Date: 13/11/23 Meetng opened at: 19.04pm
Minutes for the Gipsey Bridge Pre-school AGM
Date: 13/11/23 Meetng opened at: 19.04pm
Minutes for the Gipsey Bridge Pre-school AGM
Date: 13/11/23 Meetng opened at: 19.04pm
Minutes for the Gipsey Bridge Pre-school AGM
Date: 13/11/23 Meetng opened at: 19.04pm
Minutes for the Gipsey Bridge Pre-school AGM
Date: 13/11/23 Meetng opened at: 19.04pm
Minutes for the Gipsey Bridge Pre-school AGM
Date: 13/11/23 Meetng opened at: 19.04pm
Minutes for the Gipsey Bridge Pre-school AGM
Date: 13/11/23 Meetng opened at: 19.04pm
1. Present/Apologies/Absences
Name Initals Positon Present (P),
Apologies sent (A),
Absent –no
apologies sent
(AB)
Maxine Holland MH Manager/Member P
Elaine Mitchell EM Secretary P
Rachel Peacock RP Vice chair P
Ruth Mountain RM member P
Claire Sammons CS Guest P
Maggie Everington-
Ali
MEA Guest P
Debbie Anderson DA Treasurer P (arrived
19.12pm)
2. Minutes of last meetng held on:

21/11/22
Prop MEA
2ndMH
3. Maters arising from last minutes: Current
status
Remains in
place from
previous
years – no
updates
Keith to
develop
website MH
to contact
him
Postponed
Ongoing –
add
Michelle
Descripton By Who Current
status
Consttuton All Remains in
place from
previous
years – no
updates
IT Specialist to update system/website MH Keith to
develop
website MH
to contact
him
Seekingbusiness sponsors MH Postponed
Purchase thankyou fowers for Kate EM Ongoing –
add
Michelle

Page 1 of 4

Signed as a true record:.......................................... Date:............................................

Add new signatories to the bank account
MH
Ongoing
4. Chair persons report:
5. Treasurers Report:
Treasurers report AGM Nov 2023
Opening balance 1stSept 22 – £41605.30
Closing balance 31stAug 23 -£22950.07
Loss of £18655.23
Although we had a very busy year last year fnancially we ran at a loss. The rising costs of
everything and lack of government funding for the children has impacted on us extremely
hard. This year will be a very tght year and we will be operatng on a month by month
basis.
Our priority this year will be applying for grants and funding from other sources and
fundraising through preschool for resources. Hopefully the 20 year celebratons can help
with this.
In March 2023 the chapel received an extortonate electricity bill due which they have had
to take out a loan to pay of. Our rent increased to help with some of these rising costs of
energy and repairs however we are not in a positon to pay any more than we are now.
Luckily they have been able to secure a beter tarif so hopefully this will improve things
for them.
In April the natonal living wage will increase again which will also result in higher pension
and tax contributons for employers. We will need to take this into account and consider
fee increases to help us sustain this.
This year fundraising actvites have included

Halloween walk

Easter egg hunt

Valentnes dance

Mud run

Christmas tombola
6. Managers Report:
Managers report AGM 2023
This last year has fown by and it feels like only yesterday we were having our last AGM!!
The number of children on role in 22-23 were very good and the highest we have ever had.
This has meant that we started the 23-24 year with the same number of children on role
that we normally see on role for a July. This is a huge achievement for a small rural
preschool. We currently have 13 people employed 6 part tme and 7 full tme.
We have developed our litle explorers program further this year and are ofering more
communityoutngs and forest school sessions which is beneftngthe childrengreatly.

Page 2 of 4

Signed as a true record:.......................................... Date:............................................

Over the coming year we will be looking at developing the experiences we ofer the
children in house such as the story lady coming in etc.
We have had an OFSTED inspecton which went very well and we received a GOOD grading
which we are very proud of.
We also had a visit from the environmental health ofce, we received a 5 star grading for
this – the highest we can get.
Last year I reported that we had a sink hole on the driveway, this was fxed last November
however it has now started to sink again. The chapel are aware, I am hoping someone will
be out to look at it very soon.
We have had a new camera bell installed due to our old one being broken. We are hoping
to install four security cameras around the building – this is something we will need to
fundraise for as they are very expensive.
In January 2024 we will celebrate our 20 year anniversary. We would like to celebrate this
in style and throughout the year rather than in just that month. We have has some
suggestons from people on ways we can do this but will need many more to make it a
successful celebraton.
Finally I would like to thank all our parents and commitee members for all their support
over the past year and also thank our amazing team of staf for their dedicaton and hard
work, they all do a fantastc job and we are very lucky to have them all. Lastly I would like
to say a huge thank you to Elaine for her unrelentng dedicaton and support she gives
every day, without her I would not be able to keep the setng going.
Over the coming year we will be looking at developing the experiences we ofer the
children in house such as the story lady coming in etc.
We have had an OFSTED inspecton which went very well and we received a GOOD grading
which we are very proud of.
We also had a visit from the environmental health ofce, we received a 5 star grading for
this – the highest we can get.
Last year I reported that we had a sink hole on the driveway, this was fxed last November
however it has now started to sink again. The chapel are aware, I am hoping someone will
be out to look at it very soon.
We have had a new camera bell installed due to our old one being broken. We are hoping
to install four security cameras around the building – this is something we will need to
fundraise for as they are very expensive.
In January 2024 we will celebrate our 20 year anniversary. We would like to celebrate this
in style and throughout the year rather than in just that month. We have has some
suggestons from people on ways we can do this but will need many more to make it a
successful celebraton.
Finally I would like to thank all our parents and commitee members for all their support
over the past year and also thank our amazing team of staf for their dedicaton and hard
work, they all do a fantastc job and we are very lucky to have them all. Lastly I would like
to say a huge thank you to Elaine for her unrelentng dedicaton and support she gives
every day, without her I would not be able to keep the setng going.
Over the coming year we will be looking at developing the experiences we ofer the
children in house such as the story lady coming in etc.
We have had an OFSTED inspecton which went very well and we received a GOOD grading
which we are very proud of.
We also had a visit from the environmental health ofce, we received a 5 star grading for
this – the highest we can get.
Last year I reported that we had a sink hole on the driveway, this was fxed last November
however it has now started to sink again. The chapel are aware, I am hoping someone will
be out to look at it very soon.
We have had a new camera bell installed due to our old one being broken. We are hoping
to install four security cameras around the building – this is something we will need to
fundraise for as they are very expensive.
In January 2024 we will celebrate our 20 year anniversary. We would like to celebrate this
in style and throughout the year rather than in just that month. We have has some
suggestons from people on ways we can do this but will need many more to make it a
successful celebraton.
Finally I would like to thank all our parents and commitee members for all their support
over the past year and also thank our amazing team of staf for their dedicaton and hard
work, they all do a fantastc job and we are very lucky to have them all. Lastly I would like
to say a huge thank you to Elaine for her unrelentng dedicaton and support she gives
every day, without her I would not be able to keep the setng going.
Over the coming year we will be looking at developing the experiences we ofer the
children in house such as the story lady coming in etc.
We have had an OFSTED inspecton which went very well and we received a GOOD grading
which we are very proud of.
We also had a visit from the environmental health ofce, we received a 5 star grading for
this – the highest we can get.
Last year I reported that we had a sink hole on the driveway, this was fxed last November
however it has now started to sink again. The chapel are aware, I am hoping someone will
be out to look at it very soon.
We have had a new camera bell installed due to our old one being broken. We are hoping
to install four security cameras around the building – this is something we will need to
fundraise for as they are very expensive.
In January 2024 we will celebrate our 20 year anniversary. We would like to celebrate this
in style and throughout the year rather than in just that month. We have has some
suggestons from people on ways we can do this but will need many more to make it a
successful celebraton.
Finally I would like to thank all our parents and commitee members for all their support
over the past year and also thank our amazing team of staf for their dedicaton and hard
work, they all do a fantastc job and we are very lucky to have them all. Lastly I would like
to say a huge thank you to Elaine for her unrelentng dedicaton and support she gives
every day, without her I would not be able to keep the setng going.
7. Any Other Business:
Electon of roles
Name
Role
Stepping down = SD
Remaining = R
Joining= J
Michelle Booth
Member
SD
Debbie Anderson
Treasurer
R
Rachel Peacock
Vice chair
SD
Elaine Mitchell
Secretary
R
Maxine Holland
Member
R
Claire Sammons
New member
J
Maggie Everington-Ali
New member
J
Name Role Stepping down = SD
Remaining = R
Joining= J
Michelle Booth Member SD
Debbie Anderson Treasurer R
Rachel Peacock Vice chair SD
Elaine Mitchell Secretary R
Maxine Holland Member R
Claire Sammons New member J
Maggie Everington-Ali New member J
8. Acton points:
Actonpoint descripton
By who
Invite Emily (Billy’s mum & Jack’s mum to next meetng)
EM
Displaya fundraisingtarget forparents to tryand reach
EM
IT specialist to update website
MH
Purchase thankyou fowers for existngmembers
EM
Applyforgrants and funding
MH
Install 4 securitycameras around the building
MH
Actonpoint descripton By who
Invite Emily (Billy’s mum & Jack’s mum to next meetng) EM
Displaya fundraisingtarget forparents to tryand reach EM
IT specialist to update website MH
Purchase thankyou fowers for existngmembers EM
Applyforgrants and funding MH
Install 4 securitycameras around the building MH
9. Date of next meetng:

Page 3 of 4

Signed as a true record:.......................................... Date:............................................

Friday 22[nd] November 2024 @ 15.30pm Meeting closed at: 19.30pm

Page 4 of 4

Signed as a true record:.......................................... Date:............................................

Gipsey Bridge Pre School

Accounts for the Year Ending 31st August 2023

Prepared by Fastax 20-22 South Street Boston Lincs PE21 6HT

Accountants, Tax Advisors, Bookkeepers & Payroll Processors

Gipsey Bridge Pre School Accounts for the Year Ending 31st August 2023

Charity Information & Contents

Trustees

Maxine Holland Kelly Waller Rachael Peacock Emily Booth Ruth Mountain Grace Hutton Kate Dean Rachael Gedney Elaine Mitchell

Charity Number

1101174

Registered Office

2 Leagate Road Gipsey Bridge Boston Lincs PE22 7BP

Business Address

2 Leagate Road Gipsey Bridge Boston Lincs PE22 7BP

Accountants

Fastax 20-22 South Street Boston Lincs PE21 6HT

Contents

Page 1 Trustees Report
Page 2 Accountants Report
Page 3 Trading Account
Page 4 Balance Sheet
Page 5 Notes

Gipsey Bridge Pre School Accounts for the Year Ending 31st August 2023

Trustees Report for the Year Ending 31st August 2023

The Trustees present their annual report on the affairs of the Charity and the accounts which have been prepared in accordance with the accountants report.

Names of Trustees

The Trustees of the Charity and their beneficial interest in the share capital is as stated below:

Name

Maxine Holland Kelly Waller Rachael Peacock Emily Booth Ruth Mountain Grace Hutton Kate Dean Rachael Gedney Elaine Mitchell

Principal Activities

The principal activity of the Charity through the period has been to Provide education to children Pre School

Abbreviated Report

The report of the Trustees has been prepared under the special provisions relating to small companies.

Approval

This report was approved by the board on 15th September, 2023 and signed on its behalf.

Maxine Holland

Page 1

Gipsey Bridge Pre School Accounts for the Year Ending 31st August 2023

Accountants' Report to the Trustee's on the un-audited Accounts of Gipsey Bridge Pre School

We report on the accounts for the year ended 31st August 2023, set out on pages 1 to 5.

Respective responsibilities of Trustees and reporting accountants

As described on page 4 the Charity's Trustees are responsible for the preparation of the accounts, and they consider that the Charity is exempt from an audit. It is our responsibility to carry out procedures designed to enable us to report our opinion.

Basis of opinion

Our work was conducted in accordance with the Statement of Standards for Reporting Accountants, and our procedures consisted of comparing the accounts with the accounting records kept by the Charity, and making such limited enquiries of the officers of the Charity as we considered necessary for the purposes of this report. These procedures provide only the assurance expressed in our opinion.

Opinion

In our opinion:

Signed

Reporting Accountants

Fastax

20-22 South Street Boston Lincs PE21 6HT

13th, March 2025

Page 2

Gipsey Bridge Pre School

Surplus and Deficit Account

Accounts for the Year Ending 31st August 2023

Sales
Donations/Grants
Fundraising
Less: Cost of Sales
Toys/Creative/play resources
Entertainment - Children
Food
Books
Gross Surplus
Less: Establishment Expenses
Repairs & Renewals
Insurance
Less: Administrative Expenses
Wages
Pension Cost
Professional Fees
Rents
Computer Cost
Telephone & Internet
Cleaning
Accountancy
Sundries & Subscriptions
Depreciation
Entertainment - Staff
Training
Printing
Postage & Stationery
Advertising
Bank Charges
Clothing Costs
Operating Surplus for the year
Add: Interest Receivable
Surplus / (Deficit)
Tax on Surplus on ordinary activities
Surplus / (Deficit) for the year after taxation
Surplus / (Deficit) brought forward
Surplus carried forward
208,581
589
1,342
3,520
3,224
4,296
177
11,217
96%
199,295
2,412
1,199
3,611
198,546
1,792
344
8,100
145
1,769
1,155
360
1,832
-
1,461
299
946
512
-
-
1,083
218,344
-11%
(22,660)
-
(22,660)
-
(22,660)
-
(22,660)
2023
147,204
4,533
978
5,089
1,710
3,503
383
10,685
96%
142,030
1,406
1,083
2,489
138,774
1,626
-
7,500
713
1,566
1,327
360
1,125
-
1,795
504
603
436
130
-
2,169
158,628
-13%
(19,087)
-
(19,087)
-
(19,087)
-
(19,087)
2022

Gipsey Bridge Pre School

Balance Sheet

Accounts for the Year Ending 31st August 2023

Fixed Assets
B/Fwd
Cost at
Dep'n
01/09/2022
B/Fwd
Computer Equipment
25%
-
-
Office Equipment
10%
-
-
-
-
Current Assets (due within one year)
Trade Debtors
True Potential
Suspense
Cash
Top Up Card
Bank
Savings
Current Liabilities - amounts falling due within one year
Net Wages
Creditors
Bank
True Potential
Accruals
Directors Loan Account
PAYE
Corporation Tax
Net Current Assets (Liabilities)
Long Term Liabilities - amounts falling due after one year
Total Liabilities
Represented by;
Capital and Reserves
Share Capital
Surplus and Deficit Account
Shareholders Funds
Additions
Disposals
-
-
-
-
-
-
-
-
-
430
1,465
22,029
-
23,924
-
-
-
1,483
1,210
-
2,132
-
4,825
19,099
-
-
-
19,099
41,759
(22,660)
-
19,099
2023
Current
period
NBV at
Dep'n
31/08/2023
-
-
-
-
-
-
-
-
-
430
1,465
42,118
-
44,013
-
-
-
228
850
-
1,176
-
2,254
41,759
-
-
-
41,759
37,627
23,219
-
60,846
2022

The Trustees consider that for the financial year 1st September 2022 to 31st August 2023 the Charity was entitled to exemption from audit under section 249A(1) of the companies Act 1985, and confirm that no notice has been deposited by members under section 249b(2) of CA 1985 in relation to the accounts for the year to 31st August 2023.

The Trustees acknowledge their responsibilities for ensuring that they keep accounting records which comply with section 221 of CA 1985 and preparing accounts which give a true and fair view of the state of affairs of the Charity as at 31st August 2023 and of it's Surplus or Deficit for the year ended 31st August 2023 in accordance with the requirements of section 226 C A 1985, and which otherwise comply with the requirements of CA 1985 relating to accounts so far as applicable to the Charity.

Maxine Holland Trustee 13th, March 2025

Page 4

Notes

Gipsey Bridge Pre School Accounts for the Year Ending 31st August 2023

Depreciation

Depreciation is calculated to write off the cost or valuation of all assets over their expected normal useful lives. The rate and method of depreciation are;

Category of asset
Computer Equipment
Depreciating Assets
Computer Equipment
Office Equipment
Rate
Method
10%
On Cost
B/Fwd
Current
Cost at
Dep'n
period
NBV at
01/09/2022
B/Fwd
Additions
Disposals
Dep'n
31/08/2023
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

Basis of the accounts preparation

The accounts are prepared under the historical cost convention and include the results of the Charity's operations which are described in the director's report. All the activities are continuing. The Charity has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cash flow statement on the grounds that it is a small Charity.

Turnover

Turnover comprises the invoiced value of goods and services provided by the Charity. All of which are stated net of VAT.

Operating (Deficit) Surplus

The operating (Deficit) Surplus is stated after charging:
Depreciation - owned assets
0
2023
-
2022

Gipsey Bridge Pre School

Accounts for the Year Ending 31st August 2023

Prepared by Fastax 20-22 South Street Boston Lincs PE21 6HT

Accountants, Tax Advisors, Bookkeepers & Payroll Processors

Gipsey Bridge Pre School Accounts for the Year Ending 31st August 2023

Charity Information & Contents

Trustees

Maxine Holland Kelly Waller Rachael Peacock Emily Booth Ruth Mountain Grace Hutton Kate Dean Rachael Gedney Elaine Mitchell

Charity Number

1101174

Registered Office

2 Leagate Road Gipsey Bridge Boston Lincs PE22 7BP

Business Address

2 Leagate Road Gipsey Bridge Boston Lincs PE22 7BP

Accountants

Fastax 20-22 South Street Boston Lincs PE21 6HT

Contents

Page 1 Trustees Report
Page 2 Accountants Report
Page 3 Trading Account
Page 4 Balance Sheet
Page 5 Notes

Gipsey Bridge Pre School Accounts for the Year Ending 31st August 2023

Trustees Report for the Year Ending 31st August 2023

The Trustees present their annual report on the affairs of the Charity and the accounts which have been prepared in accordance with the accountants report.

Names of Trustees

The Trustees of the Charity and their beneficial interest in the share capital is as stated below:

Name

Maxine Holland Kelly Waller Rachael Peacock Emily Booth Ruth Mountain Grace Hutton Kate Dean Rachael Gedney Elaine Mitchell

Principal Activities

The principal activity of the Charity through the period has been to Provide education to children Pre School

Abbreviated Report

The report of the Trustees has been prepared under the special provisions relating to small companies.

Approval

This report was approved by the board on 15th September, 2023 and signed on its behalf.

Maxine Holland

Page 1

Gipsey Bridge Pre School Accounts for the Year Ending 31st August 2023

Accountants' Report to the Trustee's on the un-audited Accounts of Gipsey Bridge Pre School

We report on the accounts for the year ended 31st August 2023, set out on pages 1 to 5.

Respective responsibilities of Trustees and reporting accountants

As described on page 4 the Charity's Trustees are responsible for the preparation of the accounts, and they consider that the Charity is exempt from an audit. It is our responsibility to carry out procedures designed to enable us to report our opinion.

Basis of opinion

Our work was conducted in accordance with the Statement of Standards for Reporting Accountants, and our procedures consisted of comparing the accounts with the accounting records kept by the Charity, and making such limited enquiries of the officers of the Charity as we considered necessary for the purposes of this report. These procedures provide only the assurance expressed in our opinion.

Opinion

In our opinion:

Signed

Reporting Accountants

Fastax

20-22 South Street Boston Lincs PE21 6HT

13th, March 2025

Page 2

Gipsey Bridge Pre School

Surplus and Deficit Account

Accounts for the Year Ending 31st August 2023

Sales
Donations/Grants
Fundraising
Less: Cost of Sales
Toys/Creative/play resources
Entertainment - Children
Food
Books
Gross Surplus
Less: Establishment Expenses
Repairs & Renewals
Insurance
Less: Administrative Expenses
Wages
Pension Cost
Professional Fees
Rents
Computer Cost
Telephone & Internet
Cleaning
Accountancy
Sundries & Subscriptions
Depreciation
Entertainment - Staff
Training
Printing
Postage & Stationery
Advertising
Bank Charges
Clothing Costs
Operating Surplus for the year
Add: Interest Receivable
Surplus / (Deficit)
Tax on Surplus on ordinary activities
Surplus / (Deficit) for the year after taxation
Surplus / (Deficit) brought forward
Surplus carried forward
208,581
589
1,342
3,520
3,224
4,296
177
11,217
96%
199,295
2,412
1,199
3,611
198,546
1,792
344
8,100
145
1,769
1,155
360
1,832
-
1,461
299
946
512
-
-
1,083
218,344
-11%
(22,660)
-
(22,660)
-
(22,660)
-
(22,660)
2023
147,204
4,533
978
5,089
1,710
3,503
383
10,685
96%
142,030
1,406
1,083
2,489
138,774
1,626
-
7,500
713
1,566
1,327
360
1,125
-
1,795
504
603
436
130
-
2,169
158,628
-13%
(19,087)
-
(19,087)
-
(19,087)
-
(19,087)
2022

Gipsey Bridge Pre School

Balance Sheet

Accounts for the Year Ending 31st August 2023

Fixed Assets
B/Fwd
Cost at
Dep'n
01/09/2022
B/Fwd
Computer Equipment
25%
-
-
Office Equipment
10%
-
-
-
-
Current Assets (due within one year)
Trade Debtors
True Potential
Suspense
Cash
Top Up Card
Bank
Savings
Current Liabilities - amounts falling due within one year
Net Wages
Creditors
Bank
True Potential
Accruals
Directors Loan Account
PAYE
Corporation Tax
Net Current Assets (Liabilities)
Long Term Liabilities - amounts falling due after one year
Total Liabilities
Represented by;
Capital and Reserves
Share Capital
Surplus and Deficit Account
Shareholders Funds
Additions
Disposals
-
-
-
-
-
-
-
-
-
430
1,465
22,029
-
23,924
-
-
-
1,483
1,210
-
2,132
-
4,825
19,099
-
-
-
19,099
41,759
(22,660)
-
19,099
2023
Current
period
NBV at
Dep'n
31/08/2023
-
-
-
-
-
-
-
-
-
430
1,465
42,118
-
44,013
-
-
-
228
850
-
1,176
-
2,254
41,759
-
-
-
41,759
37,627
23,219
-
60,846
2022

The Trustees consider that for the financial year 1st September 2022 to 31st August 2023 the Charity was entitled to exemption from audit under section 249A(1) of the companies Act 1985, and confirm that no notice has been deposited by members under section 249b(2) of CA 1985 in relation to the accounts for the year to 31st August 2023.

The Trustees acknowledge their responsibilities for ensuring that they keep accounting records which comply with section 221 of CA 1985 and preparing accounts which give a true and fair view of the state of affairs of the Charity as at 31st August 2023 and of it's Surplus or Deficit for the year ended 31st August 2023 in accordance with the requirements of section 226 C A 1985, and which otherwise comply with the requirements of CA 1985 relating to accounts so far as applicable to the Charity.

Maxine Holland Trustee 13th, March 2025

Page 4

Notes

Gipsey Bridge Pre School Accounts for the Year Ending 31st August 2023

Depreciation

Depreciation is calculated to write off the cost or valuation of all assets over their expected normal useful lives. The rate and method of depreciation are;

Category of asset
Computer Equipment
Depreciating Assets
Computer Equipment
Office Equipment
Rate
Method
10%
On Cost
B/Fwd
Current
Cost at
Dep'n
period
NBV at
01/09/2022
B/Fwd
Additions
Disposals
Dep'n
31/08/2023
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

Basis of the accounts preparation

The accounts are prepared under the historical cost convention and include the results of the Charity's operations which are described in the director's report. All the activities are continuing. The Charity has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cash flow statement on the grounds that it is a small Charity.

Turnover

Turnover comprises the invoiced value of goods and services provided by the Charity. All of which are stated net of VAT.

Operating (Deficit) Surplus

The operating (Deficit) Surplus is stated after charging:
Depreciation - owned assets
0
2023
-
2022