Trustees’ Annual Report for the period Period start date Period end date a A From - To
Section A - Reference and administration details
Charity name Crescent Under Fives Registered charity number (if any)| 1104654
Charity's principal address | Crescent Under Fives C/O Alfred Sutton School 148 Wokingham Road
Names of the charity trustees who manage the charity
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2|TracieDand3|Zohaib [Char SSCdAGMSSSSC~C~‘“C~|
og Hassan |Treasurer | AGM
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Names of the trustees for the charity, if any, (for example, any custodian trustees)
\Name‘| [Dates][ acted] [if][ not][ for][ whole] [year]
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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
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Description of the charity’s trusts
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Type of governing document Memorandum of Association and Articles of Association
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How the charity is constituted Charitable Company
- Trustee selection methods Trustees are voted in by an AGM
Additional governance issues (Optional information) ©
You may choose to include additional information, where relevant, about:
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e policies and procedures adopted for the induction and training of trustees;
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e the charity’s organisational structure and any wider network with which the charity works;
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e relationship with any related parties;
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e 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
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Crescent Under Fives provides preschool education up to the age of five
in the local area.
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The trustees have had regard to the guidance issues by the Charity
Commission on public benefit.
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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: e policy on grantmaking;
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e policy programme related investment;
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e contribution made by volunteers.
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Section D
Achievements and performance
Summary of the main ihe wpany has continued eared gare ane eo of children achievementsduring the yearof the charity chailengesma " e = °that earlyve years yearsinsector° onahasareafaced.¢ espite the many ongoing Crescent Under Fives is one of the only non-profit outstanding preschools in East Reading area.
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Section E Financial review
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- Brief statement of the charity’s policy on reserves
Details of any funds materially in deficit
Further financial review details (Optional information)
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You may choose to include additional information, where relevant about:
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e the charity’s principal sources of funds (including any fundraising);
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e how expenditure has supported the key objectives of the charity;
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e investment policy and objectives including any ethical investment policy adopted.
Section F
Other optional information
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Section G Declaration
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The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
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Full name(s) Faria Sarah Parker
Position (eg Secretary, Chair, Chair Sacrais
etc) ry
Date |5 4/05/2024
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Company registration number: 05088518 Charity number: 1104654
Crescent Under Fives DIRECTORS’ AND TRUSTEES’ REPORT AND
:
FINANCIAL STATEMENTS For the year ended 31 August 2023
Crescent Under Fives
Financial Statements
Year ended 31 August 2023
| CONTENTS | PAGE |
|---|---|
| OfficersandProfessionalAdvisers | 1 |
| Trustees’ Report | 2-3 |
| StatementofFinancialActivities | 4 |
| StatementofFinancial Position | 5-6 |
| Notestothe Financial Statements | 7-8 |
| Thefollowing pagesdo notform partofthefinancial statements | |
| , | |
| DetailedStatementofFinancialActivities | 9 |
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Crescent Under Fives
Officers and Professional Advisers
Year ended 31 August 2023
| Directors | ZHassan(appointed 21/04/2023) |
|---|---|
| P Dand (resigned 21/04/2023) | |
| T Dand | |
| Companysecretary | Faria Sarah Parker |
| Registered office | CrescentUnderFivesC/OAlfred SuttonSchool |
| 148 Wokingham Road | |
| Reading | |
| RG6 1JR | |
| United Kingdom | |
| Accountant | HassanAccounting |
| 265Wykeham Road | |
| Reading | |
| Berkshire | |
| RG6 1PL | |
| United Kingdom | |
| Bank | SantanderUKPLC |
| 2 Triton Square | |
| Regent's Place | |
| London | |
| NW1 3AN | |
| UnitedKingdom |
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Crescent Under Fives Trustees’ Report
Year ended 31 August 2023
The trustees present their annual report and the financial statements for the year ended 31st August 2023. The trustees have adopted the Provisions of the Charities SORP (FRS102) effective from 1 January 2019 in preparing the annual report and financial statements of the charity.
DIRECTORS
The directors who served the company during the year were as follows:
Z Hassan P Dand
(appointed 21/04/2023) (resigned 21/04/2023)
T Dand
OBJECTS OF THE CHARITY, PRINCIPAL ACTIVITIES AND ORGANISATION OF OUR WORK
The charity is constituted as a company limited by guarantee and is therefore governed by a memorandum and articles of association.
The company was incorporated on 30 March 2004.
The charity was registered on 30 June 2004.
The charity is constituted as a company limited by guarantee and is therefore governed by a memorandum and articles of association.
The aims of the charity are to run a pre-school 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, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability; 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: ¢) instigating and adhering to and furthering the aims and objects of the pre-school learning alliance.
The board of trustees, who meet on a termly basis, are responsible for the administration of the charity. The day to day management is delegated to the Supervisor, who is responsible for the line management of the other members of the team.
Trustees are appointed by the existing board members and are drawn from interested members of the public.
The trust places much reliance on the services of unpaid volunteers. This includes the time provided by the trustees.
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Crescent Under Fives
Trustees’ Report (continued)
Year ended 31 August 2023
PUBLIC BENEFIT
The trustees have complied with their duty to have due regard to the guidance on public benefits as published by the Charity Commission. The trustees feel that the charity is of public benefit.
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 Generally Accepted Accounting Practice.
The Companies Act 2006 requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of the company and of the profit and loss of the company for that period.
In preparing those financial statements the directors are required to:
(i) Select suitable accounting policies and then apply them consistently;
(ii) Make judgements and estimates that are reasonable and prudent;
- (iii) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping proper accounting records which disclose, with reasonable accuracy any time the financial position of the company. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 24 May 2024 and signed on behalf of the board by:
T Dand Director
Faria Sarah Parker Company secretary
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Crescent Under Fives
STATEMENT OF FINANCIAL ACTIVITIES Year ended 31 August 2023
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|---|---|---|---|---|
|Unrestricted|Unrestricted|
|Funds|2023|Funds|2022|
|Incoming|[Resources]|£|£|
|Charitable|activities|133,625|123,374|
|Other|Income|953|7,255|
|Total|incoming|resources|134,178|130,629|
|Expenditure on|Charitable activities|(137,190)|(121,292)|
|Net incoming|resources|for the year|(3,012)|9,337|
|Reconciliation|of funds|
|Total funds|brought forward|42,199|32,862|
|Total funds|carried forward|39,186|42,199|
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The company has no other recognised items of income or expense other than the results for the year as set out above.
The notes on pages 7 io 8 form part of these financial statements.
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Crescent Under Fives Statement of Financial Position
31 August 2023
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|---|---|---|---|---|---|
|2023|2022|
|Note|£|£|
|Current assets|
|Cash|at bank and|in|hand|69,954|75,832|
|Creditors:|amounts falling due within one year|5|(13,972)|(16,837)|
|Net current assets|55,982|58,995|
|Total assets less current liabilities|55,982|58,995|
|Capital|and|Other reserves|
|Capital|Funds|16,796|16,796|
|Unrestricted|Funds|39,186|42,199|
|Members funds|55,982|58,995|
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For the year ending 31 August 2023, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors’ responsibilities:
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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;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to 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 pages7 to 8 form part of these financial statements.
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Crescent Under Fives
Statement of Financial Position (continued)
31 August 2023
These financial statements were approved by the board of directors and authorised for issue on 24 May 2024, and are signed on behalf of the board by:
T Dand
Director
Company registration number: 05088518
The notes on pages 7 to 8 form part of these financial statements.
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Crescent Under Fives
Notes to the Financial Statements
Year ended 31 August 2023
1 General information
The company is a private company limited by guarantee and is registered in England and Wales. The address of the registered office is Crescent Under Fives C/O Alfred Sutton School, 148 Wokingham Road, Reading, RG6 1JR, United Kingdom.
2 Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, ’The Financial Reporting Standard applicable to the UK and Republic of Ireland’.
3 Accounting policies
BASIS OF PREPARATION
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The financial statements are prepared in sterling, which is the functional currency of the company.
GOING CONCERN
After reviewing the charity’s forecasts arid projections the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the forseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
INCOMING RESOURCES
Fee income
Fees receivable are accounted for in the period in which the service is provided.
Donations and legacies
Donations and legacies receivable for the general purposes of the charity are credited to ‘unrestricted funds’.
FUND ACCOUNTING
Unrestricted funds are available to spend on activities that 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 specific projects being undertaken 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 result in the transfer of funds to a third party and the amount due to settle the obligation can
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Crescent Under Fives
Notes to the Financial Statements (continued)
Year ended 31 August 2023
be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount.
LEGAL STATUS OF THE CHARITY
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding-up is limited to £1.
INCOME FROM CHARITABLE ACTIVITIES
The income from charitable activities relates to fee income charged.
TRUSTEES’ EXPENSES
No expenses were paid to any Trustees during the year, except to re-imburse them for purchases or out of pocket expenses made on behalf of the charitable company.
UNRESTRICTED FUNDS
All unrestricted funds held are unrestricted and available to be applied in furtherance of Crescent Under Fives’ charitable objectives at the discretion of the Trustees.
4 Average number of employees
The average number of persons employed by the company during the year was 11 (2022: 1 1).
5 Creditors: amounts falling due within one year
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|---|---|---|---|---|
|2023|2022|
|£|£|
|Deferred|Income and|Other creditors|13,972|16,837|
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Crescent Under Fives
Detailed Statement of Financial Activities
Year ended 31 August 2023
INCOMING RESOURCES
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|2023|2022|
|£|£|
|Charitable Activities|133,625|123,374|
|Other income|553|7,255|
|134,178|130,629|
|Gross surplus surplus|134,178|130,629|
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Gross surplus surplus
EXPENDITURE ON CHARITABLE ACTIVITIES
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|---|---|---|---|---|
|2023|2022|
|£|£|
|Wages and salaries|96,975|94,090|
|Employers|NI|8,347|1,725|
|Defined contribution|pension costs|3,190|2,718|
|Training costs|1,184|866|
|Rent|8,367|8,659|
|Staff entertainment|4,026|2,224|
|Client entertainment|6,554|4,370|
|Marketing|503|487|
|Printing, postage and stationery|307|446|
|Telephone|995|722|
|Independent|Examiner's|fees|500|500|
|Professional|fees|507|537|
|General insurance|356|1,014|
|Cleaning|5,379|2,934|
|137,190|121,292|
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Operating (deficit)/surplus
(3,012) 9,337
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Independent examiner's report on the accounts
} ) AR 5
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ee
od
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— Section A = Independent Examiner’s Report
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Report to the trustees/
members of |CRESCENT UNDER FIVES
On accounts for the year | 315 August 2023 Charity no | 1104654
ended (if any)
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| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2023.
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Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
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: | report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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Independent | have completed my examination. | confirm that no material matters have examiner's statement | Come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect: ® accounting records were not kept in accordance with section 130 of the Act or
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e the accounts do not accord with the accounting records
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * Please delete the words in the brackets if they do not apply.
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Name: | Asrar Ahmed Relevant professional | Institute of Financial Accountants, UK qualification(s) or body (if any):
Address: | 27 Aldis Street
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