REGISTERED COMPANY NUMBER: 04879683 (England and Wales)
REGISTERED CHARITY NUMBER: 1101326
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024
FOR
CLIFFE WOODS PRE-SCHOOL
Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ
CLIFFE WOODS PRE-SCHOOL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024
|
|
Page |
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Report of the Trustees |
1 |
to |
2 |
Independent Examiner's Report |
|
3 |
|
Statement of Financial Activities |
|
4 |
|
Balance Sheet |
|
5 |
|
Notes to the Financial Statements |
6 |
to |
10 |
Detailed Statement of Financial Activities |
11 |
to |
12 |
CLIFFE WOODS PRE-SCHOOL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with
thefinancialstatementsofthecharityfortheyearended31July2024.Thetrusteeshaveadoptedtheprovisions of
AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparing their
accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Asperthecharity'sgoverningdocument,thecharity'sobjectsaretoenhancethedevelopmentandeducationof children
primarilyunderstatutoryschoolagebyencouragingparentstounderstandandprovidefortheneedsoftheir children
through community groups and by:
-Offeringappropriateplay,educationandcarefacilitiesandtrainingcourses,togetherwiththerightofparentsto take
responsibilityforandtobecomeinvolvedintheactivitiesofsuchgroups,ensuringthatsuchgroupsoffer opportunities
for all children whatever their race, culture, religion, means or ability;
-Encouragingthestudyoftheneedsofsuchchildrenandtheirfamiliesandpromotingpublicinterestinand recognition
of such needs;
- Instigating and adhering to and furthering the aims and objects of the Pre-school Learning Alliance.
Significant activities
The main activity of the charity during the year was the provision of early years childcare.
Public benefit
TheTrusteeshavehaddueregardtotheCharityCommission'sguidanceonpublicbenefitwhensettingthe charity's
activities.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Wehave111childrenattendthepreschoolweekly.TheTrusteesareconfidentCliffeWoodsPre-schoolprovides good
qualitycareandeducationforpreschoolandafterschool.Thepre-schoolwasrated"Good"byanOfstedinspection in
June 2023.
FINANCIAL REVIEW
Reserves policy
The charity aims to hold a minimum of £30,000 as free reserves.
Going concern
The trustees currently have no concerns regarding the future of the charity.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Allmembersareeligibletostandforelectiontobeatrustee.AttheAnnualGeneralMeeting,thenewelected members
oftheboardoftrusteeswillbethosecandidatesfromamongstthosehavingnotifiedtheirwillingnesstostand who
receive the highest number of votes from the members, up to a maximum of 12 elected trustees in total.
Organisational structure
Membership of the pre-school is divided into two kinds:
FamilyMembershipappliestoparentsorguardiansofallchildrenwhoattendanygrouprunbythepre-schoolwishing to
support the aims of the pre-school.
AffiliateMembershipisopentothoseindividuals,organisationsorotherbodiesinterestedinsupportingtheaimsof the
pre-school.
Page 1
CLIFFE WOODS PRE-SCHOOL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04879683 (England and Wales)
Registered Charity number
1101326
Registered office
Cliffe Woods Preschool
View Road
Cliffe Woods
Rochester
Kent
ME3 8UJ
Trustees
D A Buckle Chairman
Mrs C Hobbs Treasurer (appointed 29/2/24)
Mrs S Bailey Trustee (appointed 29/2/24) (resigned 18/4/24)
K Dhanda Trustee (appointed 29/2/24) (resigned 29/2/24)
Mrs S Golden Trustee (appointed 29/2/24) (resigned 18/4/24)
Ms E Smith Trustee (appointed 29/2/24) (resigned 18/4/24)
Ms L Hare Trustee (appointed 29/2/24) (resigned 11/3/24)
Company Secretary
Mrs C Hobbs
Independent Examiner
Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ
Approved by order of the board of trustees on 29 April 2025 and signed on its behalf by:
D A Buckle - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
CLIFFE WOODS PRE-SCHOOL
Independent examiner's report to the trustees of Cliffe Woods Pre-school ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2024.
Responsibilities and basis of report
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youareresponsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006 Act
andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccountsas carried
outunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowed the
Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalistedbody.Ican confirm
thatIamqualifiedtoundertaketheexaminationbecauseIamamemberoftheInstituteofCharteredAccountants in
England and Wales, which is one of the listed bodies.
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting 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
4. 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)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Claire Ralph
Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ
29 April 2025
Page 3
CLIFFE WOODS PRE-SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024
2024
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
-
Charitable activities
Childcare sessions
296,383
Other trading activities
2
1,278
Investment income
3
10
Total
297,671
EXPENDITURE ON
Charitable activities
Childcare sessions
303,924
Other
1,689
Total
305,613
NET INCOME/(EXPENDITURE)
(7,942)
RECONCILIATION OF FUNDS
Total funds brought forward
229,573
TOTAL FUNDS CARRIED FORWARD
221,631 |
2023
Total
funds
£
500
294,939
1,947
2
297,388
322,516
635
323,151
(25,763)
255,336
229,573 |
|
|
The notes form part of these financial statements
Page 4
CLIFFE WOODS PRE-SCHOOL
BALANCE SHEET 31 JULY 2024
2024
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
9
171,199
CURRENT ASSETS
Debtors
10
5,721
Cash at bank
88,653
94,374
CREDITORS
Amounts falling due within one year
11
(43,942)
NET CURRENT ASSETS
50,432
TOTAL ASSETS LESS CURRENT LIABILITIES
221,631
NET ASSETS
221,631
FUNDS
13
Unrestricted funds
221,631
TOTAL FUNDS
221,631 |
2023
Total
funds
£
174,517
4,623
95,996
100,619
(45,563)
55,056
229,573
229,573
229,573
229,573 |
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year
ended 31 July 2024.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 July 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon29April2025and were
signed on its behalf by:
D A Buckle - Trustee
The notes form part of these financial statements
Page 5
CLIFFE WOODS PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Companies
Act 2006. The financial statements have been prepared under the historical cost convention.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoveritsestimated useful
life.
Fixtures and fittings- 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charitable
company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Government grants
Grant income is recognised using the accrual model in the period in which it becomes receivable.
2. OTHER TRADING ACTIVITIES
OTHER TRADING ACTIVITIES |
|
|
|
2024 |
2023 |
|
£ |
£ |
Fundraising events |
1,278 |
1,947 |
continued...
Page 6
CLIFFE WOODS PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024
3. INVESTMENT INCOME
INVESTMENT INCOME |
|
|
|
2024 |
2023 |
|
£ |
£ |
Bank interest receivable |
10 |
2 |
NET INCOME/(EXPENDITURE) |
|
|
Net income/(expenditure) is stated after charging/(crediting): |
|
|
|
2024 |
2023 |
|
£ |
£ |
Depreciation - owned assets |
4,098 |
9,258 |
Deficit on disposal of fixed assets |
339 |
- |
4. NET INCOME/(EXPENDITURE)
5. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31July2024norfortheyear ended
31 July 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2024 nor for the year ended 31 July 2023.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
Staff
No employees received emoluments in excess of £60,000. |
2024
15 |
2023
15 |
|
|
|
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
|
Unrestricted |
|
fund |
|
£ |
INCOME AND ENDOWMENTS FROM |
|
Donations and legacies |
500 |
Charitable activities |
|
Childcare sessions |
294,939 |
Other trading activities |
1,947 |
Investment income |
2 |
Total |
297,388 |
EXPENDITURE ON |
|
Charitable activities |
|
Childcare sessions |
322,516 |
Other |
635 |
Total |
323,151 |
NET INCOME/(EXPENDITURE) |
(25,763) |
continued...
Page 7
CLIFFE WOODS PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
|
Unrestricted |
|
fund |
|
£ |
RECONCILIATION OF FUNDS |
|
Total funds brought forward |
255,336 |
TOTAL FUNDS CARRIED FORWARD |
229,573 |
8. INDEPENDENT EXAMINER'S FEE
Theaccountsincludeanaccrualof£1,800(2023:£1,500)forfeespayabletotheindependentexaminer in
respectoftheyearended31stJuly2024.£1,300ofthisrepresentsthecostofpreparingtheaccounts, while
£500 represents the Independent Examiners Fees.
9. TANGIBLE FIXED ASSETS
10.
COST
At 1 August 2023
Additions
Disposals
At 31 July 2024
DEPRECIATION
At 1 August 2023
Charge for year
Eliminated on disposal
At 31 July 2024
NET BOOK VALUE
At 31 July 2024
At 31 July 2023
DEBTORS
Amounts falling due within one year:
Trade debtors
Prepayments
Amounts falling due after more than one year:
Other debtors
Aggregate amounts |
Freehold
property
£
166,514
-
-
166,514
-
-
-
-
166,514
166,514 |
Fixtures
and
fittings
£
66,120
1,119
(977)
66,262
58,117
4,098
(638)
61,577
4,685
8,003
2024
£
2,379
758
3,137
2,584
5,721 |
Totals
£
232,634
1,119
(977)
232,776
58,117
4,098
(638)
61,577
171,199
174,517
2023
£
2,519
2,104
4,623
-
4,623 |
|
|
|
|
|
|
|
|
|
|
|
|
continued...
Page 8
CLIFFE WOODS PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2024
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other loans (see note 12)
Social security and other taxes
Wages and pension creditor
Other creditors
Accruals and deferred income
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Other loans
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS |
At 1.8.23
£
229,573
229,573
Incoming
resources
£
297,671
297,671
At 1.8.22
£
255,336
255,336 |
2024
2023
£
£
-
1,740
2,313
2,567
17,620
17,572
22,127
22,102
1,882
1,582
43,942
45,563
2024
2023
£
£
-
1,740
Net
movement
At
in funds
31.7.24
£
£
(7,942)
221,631
(7,942)
221,631
Resources
Movement
expended
in funds
£
£
(305,613)
(7,942)
(305,613)
(7,942)
Net
movement
At
in funds
31.7.23
£
£
(25,763)
229,573
(25,763)
229,573 |
|
|
|
12. LOANS
13. MOVEMENT IN FUNDS
continued...
Page 9
CLIFFE WOODS PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2024
13. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
resources
£
297,388
297,388 |
Resources
Movement
expended
in funds
£
£
(323,151)
(25,763)
(323,151)
(25,763) |
Resources
Movement
expended
in funds
£
£
(323,151)
(25,763)
(323,151)
(25,763) |
|
|
|
(25,763) |
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
At 1.8.22
£
255,336
255,336 |
Net
movement
in funds
£
(33,705)
(33,705) |
At
31.7.24
£
221,631 |
|
|
|
221,631 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
resources
£
595,059
595,059 |
Resources
Movement
expended
in funds
£
£
(628,764)
(33,705)
(628,764)
(33,705) |
Resources
Movement
expended
in funds
£
£
(628,764)
(33,705)
(628,764)
(33,705) |
|
|
|
(33,705) |
14. RELATED PARTY DISCLOSURES
There were no related party transaction in the year ended 31st July 2024 (2023 : £nil)
15. LEGAL INFORMATION
CliffeWoodsPre-Schoolisacharitablecompanylimitedbyguarantee,incorporatedinEnglandandWales. Its
registeredofficeandprincipalofficeisViewRoad,Rochester,Kent,ME38UJ.Furtherinformationabout the
charity's activities are included in the Trustees' Report.
Page 10
CLIFFE WOODS PRE-SCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Other trading activities
Fundraising events
Investment income
Bank interest receivable
Charitable activities
Fees
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Rates and water
Light and heat
Consumables
Photos, outings and events
Repairs and maintenance
Cleaning and caretaking
Staff training and welfare
Rent
Computer costs
Fixtures and fittings
Other
Loss on sale of tangible fixed assets
Loan interest
Support costs
Finance
Bank charges
Other
Insurance
Telephone
Postage and stationery
Sundries
Subscriptions
Carried forward |
2024
£
-
1,278
10
296,383
297,671
226,126
15,043
3,049
1,994
3,103
14,064
1,348
6,763
6,796
3,125
2,770
2,470
4,097
290,748
339
1,350
1,689
244
1,054
1,880
811
315
3,848
7,908 |
2023
£
500
1,947
2
294,939 |
|
|
297,388
231,220
9,312
2,199
2,548
1,910
23,881
446
9,849
6,820
1,819
2,805
3,011
9,258 |
|
|
305,078
-
635 |
|
|
635
216
1,094
2,376
2,323
1,021
2,326
9,140 |
This page does not form part of the statutory financial statements
Page 11
CLIFFE WOODS PRE-SCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024
Other
Brought forward
Legal fees
Payroll software and HR
Governance costs
Accountancy fees
Total resources expended
Net expenditure |
2024
£
7,908
-
1,892
9,800
3,132
305,613
(7,942) |
2023
£
9,140
300
5,348
14,788
2,434
323,151
(25,763) |
|
|
|
This page does not form part of the statutory financial statements
Page 12