BOBTAILS FULL DAY CARE (REGISTERED CHARITY NUMBER 1105338)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
BOBTAILS FULL DAY CARE
CONTENTS
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent examiner's report | 4 |
| Statemet of financial activities | 5 |
| Balance sheet | 6 |
| Notestothefinancialstatements | 7-11 |
BOBTAILS FULL DAY CARE
LEGAL AND ADMINISTRATIVE INFORMATION
Officers and Trustees
| Chair Person | Tracy Hopkins |
|---|---|
| Vice Chair | Glenn Jordan |
| Secretary | Debra Bennett |
| Treasurer | Sarah Smithson |
| Trustee | Michelle Nettleship |
| Trustee | Hannah Punchard |
| Trustee | Megan Bovey |
| Trustee | Tracy Kearney |
| Charity number | 1180510 |
| Principal address | Bernice Terrace |
| Lipson Vale | |
| Plymouth | |
| Devon | |
| PL47HW |
| Independer | examiner | TamarAccounting |
|---|---|---|
| Citadel Lodge | ||
| 2a Elliot Street | ||
| Plymouth | ||
| Devon | ||
| PLT 2PP | ||
| Bankers | Lloyds TSB | |
| 8 Royal Parade | ||
| Plymouth | ||
| PL]1HB |
BOBTAILS FULL DAY CARE (REGISTERED CHARITY NUMBER 1105338)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
The trustees present their report and financial statements for the year ended 31 July 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) effective | January 2019).”
Structure, governance and management
Bobtails Full Day Care is governed by the Charity Commission and has adopted the relevant governing document from 9'* February 2001. The Chair and Trustees of the Committee can vote on a new Trustee at any time through the year and at the Annual General Meeting usually held in October each year.
Objectives and activities
The principal activity of the charity is the provision of childcare including before and After School Clubs and holiday activities for children in the Lipson, Plymouth area. The Pre-school is a body in membership of the Pre-school Learning Alliance. The aims of the Pre-school are 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. We are open 50 weeks of the year providing such services. All trustees have complied with the duties in section 4 of the 2006 Act to have due regard to guidance on public benefit as published by the commission.
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(REGISTERED CHARITY NUMBER 1105338)
BOBTAILS FULL DAY CARE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
Financial Review
The balances in our Accounts at the close of business on 31 July 2023 were Main account £22,982.43, No2 Account £30,118.26. There is also £60,576.25 in our Contingency Funds. This is to cover 3 months running costs, any redundancies, maintenance repairs or renewals to the building that may come up in the next financial year. In the last financial year we had soft surfaces and Astro Turf added around the outside of the building to enhance the children's outside experienced improve the safety of all those who use the building
Public benefit statement
The trustees have complied with their duty to have due regard to the guidance on public benefit published by the commission when exercising their powers or duties.
Trustees’ Responsibilities
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's state of affairs during the financial period and of its financial position at the end of the period. In preparing these accounts, the trustees are required to:
-
e select suitable accounting policies and apply them consistently;
-
e make judgements and estimates that are reasonable and prudent;
-
e state whether the applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements: and
-
e prepare the accounts on a going concern basis, unless it is inappropriate to presume that the charity will continue in business.
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BOBTAILS FULL DAY CARE (REGISTERED CHARITY NUMBER 1105338)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
sora.Approved by the trusteesfb» andthem.signed on their behalf by:
Signatory Name... RAC... ASP NS
Date... OS. Ol. 2OZ4H
Page 3
BOBTAILS FULL DAY CARE (REGISTERED CHARITY NUMBER 1105338)
Independent Examiner’s Report to the trustees on the accounts of the charity for the year ended 31 July 2023
Report of the Independent Examiner to the trustees
| report to the Trustees on my examination of the financial statement of Bobtails Full Day Care (the Charity) for the year ended 31 July 2023 on pages 5 to 8.
Respective responsibilities of trustees and examiners
As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
| report in respect of my examination of the Charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination, | have followed all the applicable Directions given by the Charity Commission under section 145(5) (b) of the Act.
Independent examiners statement
| have completed my examination. | confirm that no material matters have come to our attention in connection with the examination giving me cause to believe that in any material respect:
(1) accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
(2) the financial statements do not accord with those records; or
(3) the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the charities (Accounts and Reports) Regulations 2008 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.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. iyiavid MackeenMu_-~ Tamar Accounting
2A Elliot Street The Hoe Plymouth PL QPP
13 December 2023
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BOBTAILS FULL DAY CARE
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2023
| 2023 | 2022 | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| NOTES | Funds | Funds | |
| £ | £ | ||
| INCOME FROM: | |||
| Incoming Resources | 3 | 238,226 | 222;2 |
| EXPENDITURE ON: | |||
| Resources Expended | 4 | 250,435 | 253,134 |
| Net income/expenditure forthe year/ | |||
| netmovement infunds | (12,209) | (30,919) | |
| Fund balances as at 1 August 2022 | 103,891 | 134,824 | |
| Transfers to Contingency Fund | (9,986) | (14) | |
| Fundbalancesat31July2023 | 81,696 | 103,891 |
The statement of financial activities includes all gains and loses recognised in the year.
All income and expenditure derive from continuing activities.
Page 5
BOBTAILS FULL DAY CARE
BALANCE SHEET
| AS AT 31 JULY 2023 | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Notes | £ | £ | = | £ | |
| Fixed assets | |||||
| Tangible assets | 6 | 39,207 | 40,265 | ||
| Current assets | |||||
| Debtors | 7 | 4,423 | 2,667 | ||
| Cash at bank and in hand | 113,726 | 128,835 | |||
| 118,149 | 131,502 | ||||
| Creditors: amounts falling due | |||||
| within one year | 8 | 660 | 2,862 | ||
| Deferred Income | 15,000 | 15,000 | |||
| 15,660 | 17,862 | ||||
| Net current assets | 102,489 | 113,640 | |||
| Total assets less current liabilities | 141,696 | 193,905 | |||
| Capital and Reserves | |||||
| Unrestricted funds | 9 | 81,696 | 103,891] | ||
| Contigency Funds | 60,000 | 50,014 | |||
| 141,696 | 153,905 |
The financial statements were approved by the Trustees on 13 December 2023
Rachel Dix Childcare Manager
The notes on pages 9 to 11 form part of these accounts
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BOBTAILS FULL DAY CARE (REGISTERED CHARITY NUMBER 1105338) NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
1 Accounting policies
1.1 Basis or preparing the financial statements
- The financial statements of the charity, which is a public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS102) “Accounting and Reporting by Charities: Statement of recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS102), Financial Reporting standard102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be recognised reliably.
1.2 Income
- _ 1.3 Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to that category.
1.4 Cash and cash equivalents
- Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
1.5 Taxation
The Charity is exempt from tax on its charitable activities
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BOBTAILS FULL DAY CARE (REGISTERED CHARITY NUMBER 1105338) NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023 NOTES TO THE FINANCIAL STATEMENTS
1.6 Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion on the trustees.
Restricted funds can only be used for particular restricted purposes within the objectives of the charity. 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.
1.7 Related party disclosures
There were no Trustee's expenses paid for the year ended 31 July 2023 nor for the prior period.
2 Tangible Fixed Assets and Depreciation
- Tangible fixed assets, excluding freehold land, are stated at cost led accumulated depreciation. Land is stated at valuation.
Depreciation is calculated so as to write of the cost of fixed assets over their estimated useful lives on the following bases:
Fixtures and Fittings - 25% per annum reducing balance Equipment — 25% per annum reducing balance Motor Vehicles — 25% per annum reducing balance
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BOBTAILS FULL DAY CARE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
| 3 | Incoming Resources | Unrestricted | Unrestricted |
|---|---|---|---|
| Funds | Funds | ||
| 2023 | 2022 | ||
| £ | £ | ||
| Fees | 93,963 | 109,885 | |
| Plym CC | 139,341 | 11,207 | |
| Grants | - | 101,105 | |
| Fundraising | - | - | |
| Other Income | 4,224 | - | |
| Interest earned | 698 | 18 | |
| 238,226 | 222,215 | ||
| 4 | Resources Expended | Unrestricted Funds |
Unrestricted Funds |
| 2023 | 2022 | ||
| £ | £ | ||
| Purchases | 13,154 | 16,102 | |
| Wages (incl grant funding to staff] | 177,072 | 157,362 | |
| Ers NI and HMRC | 12,637 | 9,359 | |
| Pensions | 715 | 5,390 | |
| Rent (LVT) | 12,000 | 12,000 | |
| Utilities | 2,708 | 4,303 | |
| Maintenance/ Repair/Renewals | 1,630 | 22/59 | |
| Cleaning and Laundry | 3,983 | 1939 | |
| Equipment | 944 | 2,081 | |
| Bank Charges | 769 | PLS | |
| Accountancy | 660 | 600 | |
| Guardian HR Support | 1,407 | 1,447 | |
| Hot Dinners | 2,220 | 1,701 | |
| Advertising | 20 | 88 | |
| Payroll Services | 732 | 575 | |
| Professional Fees | 152 | 63] | |
| Insurance | Wi] | Ll SF | |
| Stationery | 1,874 | 1,557 | |
| Uniform | 1,016 | 418 | |
| Telephone | 1,985 | 2,104 | |
| Staff Training | 88] | 1,401 | |
| Gifts | 1,220 | 77) | |
| Travel | 32 | 1,061 | |
| Health Assured | 750 | 900 | |
| Sundry Expenses | 1,194 | 2,584 | |
| Storage Unit | 1,428 | 1,492 | |
| Depreciation Expense | 1,165 | Lalg | |
| Mini Bus Expenses | 1,476 | 1,226 | |
| Subscriptions | 220 | - | |
| 250,435 | 253,134 |
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BOBTAILS FULL DAY CARE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
5 Trustees
None of the trustees (or anyone connected with them) received any remuneration or benefits during the year,
6 Tangible fixed assets
‘
| Tangible fixed assets | |||||
|---|---|---|---|---|---|
| Leasehold | Fixtures | Motor | |||
| Imp | Equipment | and Fittings | vehicles | Total | |
| £ | £ | £ | £ | a | |
| Cost | |||||
| At 1 August 2022 |
35,710 | 28,929 | 2Ow24 | 6,900 | 97,063 |
| Additions | - | - | 107 | - | 107 |
| Disposals | - | - | - | - | - |
| At 31 July 2023 | 35,710 | 28,929 | 25,631 | 6,900 | 27170 |
| Depreciation and impairment | |||||
| At 1 August 2022 | - | 26,680 | 24,753 | 5,365 | 56,798 |
| Charge for year | - | 562 | 219 | 384 | 1,165 |
| Eliminated on disposal | |||||
| At 31 July 2023 | - | 27,242 | 2A9/2 | 5,74? | 57,963 |
| Carrying amount | |||||
| At 31 July 2023 | 35,710 | 1,687 | 659 | [11 | 39,207 |
| At 31 July 2022 | 35,710 | 2,249 | 77) | L085 | 40,265 |
| Debtors | |||||
| 2023 | 2022 | ||||
| £ | £ | ||||
| Amounts falling due within one year: | |||||
| Trade Debtors | 4,423 | 2,667 | |||
| 4,423 | 2,667 |
7 Debtors
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BOBTAILS FULL DAY CARE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
| 8 | Creditors: | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| £ | £ | |||
| Amounts falling due within one year: | ||||
| Fees Paid in advance | - | 1,662 | ||
| Accruals and deferred income | 660 | 1,200 | ||
| 660 | 2,862 | |||
| 9 | General Reserves | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Balance b/fwd | 103,891 | 134,824 | ||
| Transfer to Contingency Fund | (9,986) | (14) | ||
| (Deficit) for the year | (12,209) | (30,919) | ||
| Balancec/fwd | 81,696 | 103,891 |
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