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← Crescent Under Fives

2024-08-31-accounts

To

Trustees' Annual Report for the period

Period start date 1[st] Sep 2023

Period end date 31[st] Aug 2024

From

Section A Reference and administration details

Charity name

Crescent Under Fives

Other names charity is known by

1104654 Charity's principal address Crescent Under Fives C/O Alfred Sutton School 148 Wokingham Road Reading Postcode RG6 1JR ~~ee~~

Registered charity number (if any) 1104654

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
1 Zohaib Hassan Treasurer AGM
2 Rifat Jan Trustee AGM
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
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20
~~ee~~		 ~~ee~~ ~~ee~~ ~~ee~~

17 18 19 20 ~~ee~~ 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)
Type of adviser
Name
Address		 Names and addresses of advisers (Optional information)
Type of adviser
Name
Address		 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. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

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:

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

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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 ~~oO~~ 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) Zohaib Hassan Rifat Jan Position (eg Secretary, Chair, Trustee etc)[Treasurer ] Date 31/05/2025 TAR 5

5

Company registration number: 05088518 Charity number: 1104654

CRESCENT UNDER FIVES DIRECTORS AND TRUSTEES’ REPORT

AND

FINANCIAL STATEMENTS For the ended 31 2024 year August

Crescent Under Fives

Financial Statements

Year ended 31 August 2024

CONTENTS PAGE
Officers and Professional Advisers 1
Directors’ Report 2 - 3
Income Statement 4
Statement of Financial Position 5 - 6
Notes to the Financial Statements 7 - 8
The following pages do not form part of the financial statements
Detailed Income Statement 9

Crescent Under Fives

Officers and Professional Advisers

Year ended 31 August 2024

Directors Z Hassan T Dand (resigned 4 September 2023) R Jan (appointed 4 September 2023) Registered office Crescent Under Fives C/O Alfred Sutton School 148 Wokingham Road Reading RG6 1JR United Kingdom

Accountant Hassan Accounting 265 Wykeham Road Reading Berkshire RG6 1PL United Kingdom Bank Santander UK PLC 2 Triton Square Regent’s Place London NW1 3AN United Kingdom

1

Crescent Under Fives

Trustees’ Report

Year ended 31 August 2024

The trustees present their annual report and the financial statements for the year ended 31st August 2024. 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 T Dand (resigned 4 September 2023) R Jan (appointed 4 September 2023)

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.

c) 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 up by interested members of the public.

The trust places much reliance on the services of unpaid volunteers. This includes the time provided by the trustees.

PUBLIC BENEFIT

The trustees have complied with their duty to have due regard to the guidance on public benefit as published by the Charity Commission.

2

Crescent Under Fives

Directors’ Report (continued)

Year ended 31 August 2024

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 31 August 2024 and signed on behalf of the board by:

Z Hassan Director

3

Crescent Under Fives

Statement of Financial Activities

Year ended 31 August 2024

Crescent Under Fives
Statement of Financial Activities
Year ended 31 August 2024

Charitable Activities
Incoming Resources
Expenditure on Charitable Activities
Net Incoming resources for the year
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
Unrestricted
Funds 2024
Funds 2023
£
£
149,977
134,178
134,178
149,977
134,178
(149,114)
(137,190)		 134,178
863
39,186		 (3,012)
42,199
40,049 39,186

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 to 8 form part of these financial statements.

4

Crescent Under Fives

Statement of Financial Position

31 August 2024

Note
Current assets
Cash at bank and in hand
Creditors: amounts falling due within one year
5
Net current assets
Total assets less current liabilities
Capital and Other reserves
Capital Funds
Unrestricted Funds
Members funds		 2024
2023
£
£
77,450
69,954
(20,605)
(13,972)		 2024
2023
£
£
77,450
69,954
(20,605)
(13,972)
56,845 55,982
56,845 55,982
16,796
40,049
16,796
39,186
56,845 55,982

For the year ending 31 August 2024, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

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 pages 7 to 8 form part of these financial statements.

5

Crescent Under Fives

Statement of Financial Position (continued)

31 August 2024

These financial statements were approved by the board of directors and authorised for issue on 31 August 2024, and are signed on behalf of the board by:

Z Hassan Director

Company registration number: 05088518

The notes on pages 7 to 8 form part of these financial statements.

6

Crescent Under Fives

Notes to the Financial Statements

Year ended 31 August 2024

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 and 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

7

Crescent Under Fives

Notes to the Financial Statements (continued)

Year ended 31 August 2024

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 (2023: 11).

5 Creditors: amounts falling due within one year

Other creditors 2024
£
20,605
2023
£
13,972		 2024
£
20,605
2023
£
13,972

13,972

8

Crescent Under Fives

Detailed Statement of Financial Activities

Year ended 31 August 2024

INCOMING RESOURCES

INCOMING RESOURCES
Income from Charitable Activities
Other income
Gross surplus		 2024
£
148,915
2023
£
133,625
1,062
553
133,625
553
149,977 134,178
149,977 134,178

EXPENDITURE ON CHARITABLE ACTIVITIES

Wages and salaries
Employers NI
Defined contribution pension costs
Training costs
Rent
Staff entertainment
Client entertainment
Marketing
Printing, postage and stationery
Telephone
Accountancy fees
Professional fees
General insurance
Cleaning		 2024
£
108,554
2023
£
96,975
9,511
8,347
3,532
3,190
759
1,184
8,658
8,367
5,819
4,026
4,282
6,554
353
503
221
307
993
995
500
500
673
507
-
356
5,259
5,379		 2024
£
108,554
2023
£
96,975
9,511
8,347
3,532
3,190
759
1,184
8,658
8,367
5,819
4,026
4,282
6,554
353
503
221
307
993
995
500
500
673
507
-
356
5,259
5,379
96,975
8,347
3,190
1,184
8,367
4,026
6,554
503
307
995
500
507
356
5,379
149,114 137,190

Operating surplus/(deficit) 863 (3,012)

9

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name CRESCENT UNDER FIVES members of On accounts for the year 31[st] August 2024 Charity no 1104654 ended (if any) Set out on pages 1-9 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2024 .

I 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, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I 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:

I 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.

Signed: Date: 31/05/2025 ~~Cd~~ Name: Asrar Ahmed ~~Cs~~ Relevant professional Institute of Financial Accountants, UK qualification(s) or body (if any): Address: 167 Links Road London SW17 9EP

1

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 any items that the examiner wishes to disclose .

N/A

2