**To** ## **Trustees' Annual Report for the period** Period start date 1[st] Sep 2021 Period end date 31[st] Aug 2022 **From** ## Section A Reference and administration details **Charity name** Crescent Under Fives **Other names charity is known by Registered charity number (if any)** 104654 **Charity's principal address** Crescent Under Fives C/O Alfred Sutton School 148 Wokingham Road Reading **Postcode RG6 1JR** ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Faria Sarah Parker|Secretary||AGM| ||Tracie Dand|Chair||AGM| ||PhilipDand|Treasurer||AGM| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** **TAR** 1 ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |||| ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Memorandum of Association and Articles of Association Type of governing document - (eg. trust deed, constitution) Charitable Company How the charity is constituted (eg. trust, association, company) Trustees are voted in by an AGM Trustee selection methods (eg. trust, association, company) (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** The care and education of children up to five years in the local community. **Summary of the objects of the charity set out in its governing document** **TAR** 2 Crescent Under Fives provides preschool education up to the age of five in the local area. The trustees have had regard to the guidance issues by the Charity Commission on public benefit. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** ## **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. **TAR** 3 Section D Achievements and performance The Charity has continued to provide the care and education of children **Summary of the main** up to the age of five years in the local area despite the many ongoing **achievements of the charity** challenges that early years sector has faced. **during the year** Crescent Under Fives is one of the only non-profit outstanding preschools in East Reading area. **TAR** 4 ## **Section E Financial review** **Brief statement of the charity’s policy on reserves** **Details of any funds materially in deficit** ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary, Chair,**
**etc)**
**Date**||| |---|---|---| ||Tracie Dand|Faria Sarah Parker| ||
Chair|Secretary| ||25/05/2023|| ||25/05/2023|| **TAR** 5 Company registration number: 05088518 Charity number: 1104654 Crescent Under Fives DIRECTORS, AND TRUSTEES, REPORT AND FINANCIAL STATEMENTS For the year ended 31 August 2022 Crescent Under Fives Financial Statements Year ended 31 August 2022 CONTENTS PAGE Officers and Professional Advisws Truslee5' Report Statement of Financial Activitie5 ststemenl of Financial Position Notes lo the Financial Statements The followlng pag•8 do not fomi olthe flnan¢l*l 8tstsmènt8 Detailed Statement ol Financi￿ 9-10 Crescent Under Fives Officers and Professional Advisers Year ended 31 August 2022 Directors T Dand lappointed 1911012021) P Dand (appointed 1911012021} Y Ambreen (resigned 1911012021) Mujtaba-Tariq (resigned 19110120211 S Rafiq-chaudhry {resigned 1911012021} Company secretsry Fari8 Sarah Parker Registered office Crescent Under Fives CIO Alfred Sutton School 148 Wokingh8m Road Reading Berkshire RG6 1JR Untted Kin9Jc*n Accountant Hass8n Accounb'ng 265Wykeham Road Reading Berkshire RG61PL Unrted Kin￿1(￿ Bank SantarKler UK PLC 2 Triton Square Regent's Place London NW1 3AN Unrted ￿'n9￿(￿n Crescent Under Fives Trustees, Report Year ended 31 August 2022 The trustees present their annual report and the financial statements for the year ended 31st August 2022. The trustees have adopted the PTovisions of the ch8rib.es SORP IFRS1021 effective from 1 January 2019 in preparing the annual rewt and financial statements of the charity. DIRECTORS The dirgctors who served the Company during the year were as follows.. T Dand lapw)inled 19110120211 (appointed 19110120211 resKJned 19110120211 {reS￿ned 19110120211 Iresjgned 19110120211 P Dand Y Ambreen M Mujlaba-Tariq S Raliq-chaudhry OBJECTS OF THE CHARITY, PRINCIPAL ACTIVITIES ANO ORGANISATION OF OUR WORK The charity is constituted as a eomp8ny limited by guarantee ar￿ 18 thèrefore govemed by memorandum and 8ty.cles ol association. The company was Incorporaled on 30 March 2004. The charity was registered on 30 June 2004. The charity is constituted as a company limited by guarantee and is therefora govemed by a memorandum and 8rtj.cles ol association. The alms of the chartty are lo wn a pre-schcol lo enhance the development and education of chlldr8n, primarily under statutory sch￿1 age by encouraging parents to understand and provide for Ihe needs of their children through community groups and by: al offering appropriate play, edtJ¢ation and care facilities, lamily learning and extended hours groups, together with the right of parents lo tske responsibility for and lo become involved in the activities of such groups, ensuring that such groups offer opportunit￿S for all children whalever their race. culture. religion. means or ability., bl encouraging the study of the needs of such children and their families and promoting publi¢ interest in and recognition ol such needs in Ihe local areas,. cl Instigating and adhering to and furthering th8 aims and ¢*)j8cts of the pre-s¢hool18aming alliance. The board of trustees, who meet on a termly basis. are responsible for the administration of the charity. The day lo day managernenl is delegated lo the Supervisor. vtho is responsible for the line management of the other members of the team. Trust9es are appoinlgd by the existing board members and are drawn from intoresled membgrs of the public. The trust places much reliance on the services of unpaid vrAunteers. This indudes the time provided by the Iruslees. Crescent Under Fives Trustees, Report (continued) Year ended 31 August 2022 PUBLIC BENEFIT The trustees have complied with their duty lo have due regard to the guidance on public benefit as published by the Charity Commission. The trustees leg1 that thg charity is of public benefil. TRUSTEES, RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS The directors are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Gener811y Accepte(l Acc(xJnting Practice. The Companies Act 2006 requi￿$ the directors lo p￿pare fin8n¢i81 statements for e8¢h flnancial year which give a true and fair view of the slate of the company and of the profit and loss of the company for that period. In preparing those financial stslemenls the directors ar6 required to.. lil Select surtable a￿oUntIng policie$ and then apply them consi8lenty'. lill Makejudgemgnls and estimates that are reasonable and pwdenL liiil Prepare the financial statements on the going COr￿eT￿ basis unless it 1$ inappropriate lo prosume Ihal the company will ￿ntinUe in business. The dirgctors are responsible for kegping proper accounting recrxds which disclose. with reasonable accuracy any lime the financial position of the company. They are also responsible for safeguarding the assets of the company and hence lor laklng reasonable steps for the prevention and detection of fraud and other irregularities. SMALL COMPANY PROVISIONS This report has been prepare(l in accordance with the provisions applicable to o)mpani8s enlilled lo the srnall companies exemption. This report was approveil by the board of dI￿¢t0￿ on board by.. 2510512023 and signed on behalf of the T Dand Faria Sarah Parker Director Company s￿retary Crescent Under Fives STATEMENT OF FINANCIAL ACTIVITIES Year ended 31 August 2022 Unrestiicted Unrestrirted Fund5 2022 FurKJs 2021 IncomSng R•sourc8s Charitable activities 123.374 7,255 135,149 275 Other Income Totsl Incomlng rosourc•$ Expentlilure on Charitsble activibes Net incoming resources tor the yoar Reconciliation of funds Total funds brought lorward 130.629 135,424 1121.2921 1116.9401 9.337 18,484 32.862 14.378 Totsl lund$ ¢arrl•d lonmard 42,199 32,862 The company has no other recognised items of income or expense other than the resuts for the year as set out abovg. The notes on pages 7 to 8 fomi part of thvse financial statements. Crescent Under Fives Statement of Financial Position 31 August 2022 2022 2021 Note Curront assets Cash al bank and in h3nd 75,832 66,705 Crediiors.. amounts falling due within one year N•t ¢urr¢nt a$$trt$ 116,8371 58,995 117,0471 49,658 Total assets less current Ilablllties 58.995 49,658 Capltal and othor r8serv88 Capital Funds Unrestricted Funds 16.796 16,796 42,199 32,862 Total funds 58.995 49,658 For the year ending 31 August 2022, the company was entitlo(I to oKemption from audrt under $g¢tion 477 of the Companies Act 2006 relating lo small companies. Dir8Ctors' responsits'liti'es.. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.. The directors acknowledge their responsibilitses lor complyin9 wilh the requiremenis of the Act with respe¢l lo accounting records and the preparation oi financial stalemenls. These finanaal stalemenls have been prepared in accordance with the provisions applicable to companies subject lo the small Companies, regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland.. The notes on pages 7 to 8 fomi part of thvse financial statements. Crescent Under Fives Statement of Financial Position (continued) 31 August 2022 These financial slalements were approved by the board of directOTS and aulhorised for issue on 2510512023 , and are signed on behalf ol the board by= T Dand Director Company registration number.. 05088518 The notes on pages 7 to 8 fomi part ofthese financial statements. Crescent Under Fives Notes to the Financial Statements Year ended 31 August 2022 1 General inforniation The company is a private company limited by guarantee and is registered in England and Wales. The address of the registered office is Crescenl Under Fives CIO Atfved Sutton School, 148 Wokingham Road, Reading, Berkshire. RG6 1JR, United Kingdom. 2 Stst•mont of ¢ompllan¢o These financial statements have been p￿pared in compliance wilh FRS 102 Sectson 1A. The Financial Reporting Slandafd applicable to the UK and Republic of Ireland.. 3 A¢¢ountlng poll¢l•s BASIS OF PREPARATION Th8 financial siatsments havg begn prepared on the his1ori￿1 cost basis. as mcbJified by th8 r8valuats.on of certain assets. The financial slalements are prepared in sterfing. which is the functional currency of the company. GOING CONCERN After revlewing the charity's forecasts and projecb'ons the trustees have a reasonable expectallon that the charity has adequate resources lo continue in operational existence for the foreseeable lulure. The charity therefore conlinues lo adopl the going concem basis in proparing its financial s¢alemen¢s. INCOMING RESOURCES Fee income Fees receivable are accounted for in the peri(xJ in which the Se￿ICe is prov￿8￿. Donations and legacies Donations and legacies receivable for the general Purposes of the Charity are ￿drted to'unrestri¢ted funds,. FUND ACCOUNTING Unrestricted funds are av8ilable to spend on activrties Ihal further any of the purposes of the charity. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specrfic projects being un(lertaken by the charity. CASH AT BANK Cash at bank and in hand includes cash at bank and in hand. CREDITORS Creditors are recognised where the charity has a present obligation resulting from a past event that will probably ￿SuIt in the transf¢r of funds to a third party and the amount due to settle th¢ obligation ran Crescent Under Fives Notes to the Financial Statements (continued) Year ended 31 August 2022 be measured or estimated reliably. Creditors and provisions are normally le￿nIsed al their settlement amount. LEGAL STATUS OF THE CHARITY The charily is a company limited by guaranlee and has no share capiial. The liability of e8ch member in the event of winding-up is limited to £1. INCOME FROM CHARITABLE ACTIVITIES The income from charitable aclivilies relates to fee 1￿me charged. TRUSTEES, EXPENSES No expenses were paid to any Trustees during the year. except to r￿1MbUr5e them for purchases or out of pocket expense5 made on behalf of the charitable company. UNRESTRICTED FUNDS All unrestricted funds held are unrestricled and available to be applied in fvrtherance of Cro￿ent Under Fives, charitable objecbves al the discretion of the Trustees. 4 Averag• numb•r of employees The average number of persons employed ty the company during the year was 1112021.. 111. S Crèdltorn: amounts falllng du• wlthln one ￿ar 2022 2021 Deferred Income and Other creditors 16.837 17,047 Crescent Under Fives Detailed Statement of Financial Activities Year ended 31 August 2022 INCOMING RESOURCES 2022 2021 Ch8ri18ble Activities 123,374 135,149 Other income 7,255 275 130,629 135.424 Gross surplus 130,629 135.424 EXpEND￿uRE ON CHARITABLE ACTivmES 2022 2021 Wages and salaries Employers Nl Defined contribution pension costs Other staff costs 94,090 88,847 1.725 3,256 2,718 1,897 65 Training costs Defined benefit pension costs Rent 10 8.659 5,358 1,121 Staff entertainment 2.224 Client gnlertainment 4,370 4,167 Marketing Printing, postage and stationery Tglephong In(Jependenl Examinels fees Professional fees 487 267 404 722 669 500 630 537 1,312 General insurance 1.014 8.937 Cleaning 2,934 121,292 116,940 Crescent Under Fives Detailed Statement of Financial Activities (continued) Year ended 31 August 2022 Op•ratlng surplus 9.337 18,484 Surplus ￿fOre tsx 9,337 18,484 Surplus for the financlal year 9,337 18,484 10 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to ihe trusteesl members of CRESCENT UNDER FIVES On a￿OUnts for the year ended 31" August 2022 Charity no (if any 1104654 Set out on pages 1-10 I rer#J1 to the trustees on my examination of the aCcc￿nts of the at)ove charty {"the Trust-) for the year ended 3110812022. Re8ponslbllltl81 and As the chaiity trustees of the Trust. Y$￿ are responsible for lh8 preparation ba8ls of report of the accounts in accordance with the requirements of the Charits'es Act 2011 1"th8 Acf). I reFKfft in respect ol my examination of the Trust's accounts carrf8d out under seclion 145 of the 2011 Act and in carying my examination, I have followed the applicable Drections gNen by the Chaiity Commission under Secti￿ 145{5)(b) of the Act. I have completed my examinab.¢￿. I confim that no material matters have come to my attention (other th￿ that disclosed below ') in connection with the examinatK)n which gives me cause to beliève that in, any material respect: accounti￿ rec￿dS were not ke￿ in acC￿danCe with section 130 of the Act the accounts do not accord wlth the accounting records Independent examlnerfs statement I have no concwns and have come across no other matters in connection wllh the examination lo which attention should be drawn in order to enable a proper urKlerstsnding of the acc￿nIS to be reached. ' Pl88s8 deléte the words in the br8ck8ts rfthey do not apply. Slgn•d: Dat•.. 3110512023 Nam•: Asrar Ahmed Relevant professlonal qualificatlonls) or body Ilf any): Inslilute of Financial Accountsrts, UK Addr•M: 27 Aidis Streec London SW17 ORZ **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of** N/A **any items that the examiner wishes to disclose** . 2