## **Blackberry Lane Pre-School** **REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022** Craig Skeggs Accountancy Services 5 Worcester Road Newport Isle of Wight PO30 5SE **BLACKBERRY LANE PRE-SCHOOL** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022** ||Page| |---|---| |Report of the Trustees|1 to 2| |Independent Examiner's Report|3| |Statement of Financial Activities|4| |Balance Sheet|5 to 6| |Notes to the Financial Statements|7 to 10| |Detailed Statement of Financial Activities|11| **Blackberry Lane Pre-School** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022** The directors present their report with the financial statements of the charity for the year ended 31 August 2022. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 05224550 (England and Wales) **Registered Charity number** 1107155 ## **Registered office** Blackberry Lane Pre-School Edinburgh Close Cowes Isle of Wight PO31 8HF ## **Trustees** V Davis Resigned 12 October 2021 D Gibson J Mills Resigned 12 October 2021 K Flood Resigned 12 October 2021 K Raymond Resigned 24 March 2021 Z Randall A Hay S Smith J Danyluk V Stone Resigned 17 December 2021 C Lawrence Appointed 12 October 2021 E Henson Appointed 12 October 2021 C Gillam Appointed 12 October 2021 A Barnes Appointed 8 November 2021 ## **Independent Examiner** Craig Skeggs Accountancy Services 5 Worcester Road Newport Isle of Wight PO30 5SE ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **Organisational structure** The Pre-school is run by a Board of Directors made up of volunteer parents and members of the local community. Directors are elected onto the Management Committee each year at the Annual General Meeting held in the Autumn Term. The Committee meets every 6-8 weeks to discuss plans for fund raising, future development, areas of concern, the financial status and the general day-to-day running of the Pre-school. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Page 1 ## **Blackberry Lane Pre-School** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022** ## **ACHIEVEMENT AND PERFORMANCE Charitable activities** The principal activity of the company is the provision of early years education. The main activities undertaken to achieve these objectives are the operation of the Pre-school and Nursery. To provide a secure, safe and welcoming environment for children from 0 - 4 years old. To enhance the development and education of the children in a "Learning through Play" environment. To encourage parents/guardians to understand the needs of their children and provide an opportunity for them to be involved in the running of the settings. The directors are satisfied with the performance during the year under review. ## **Fundraising activities** Fund-raising activities include but are not limited to: Christmas Fayre, Summer Fayre, T Shirts, Sponsorship, Donation Concert. ## **FINANCIAL REVIEW** ## **Reserves policy** The charity's reserves policy is determined by the directors, who are currently endeavouring to ensure the charity has a reasonable reserve for future operations. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. ## **ON BEHALF OF THE BOARD** : C Gillam 24 March 2023 Page 2 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BLACKBERRY LANE PRE-SCHOOL** In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Blackberry Lane Pre-School for the year ended 31 August 2022. As set out on pages 4-10 from the company’s accounting records and from information and explanations you have given us. This report is made solely to the Board of Directors of Blackberry Lane Pre-School, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Blackberry Lane Pre-School and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or presume responsibility to anyone other than Blackberry Lane Pre-School and it’s Board of Directors, as a body for our work or for this report. It is your duty to ensure that Blackberry Lane Pre-School has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and the profit of Blackberry Lane PreSchool. You consider that Blackberry Lane Pre-School is exempt from the statutory audit requirement from the year. We have not been instructed to carry out an audit or a review of the accounts of Blackberry Lane Pre-School. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. Craig Skeggs Accountancy Services 5 Worcester Road Newport Isle of Wight PO30 5SE 24 March 2023 Page 3 ## **Blackberry Lane Pre-School** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022** |**2022**
**Unrestricted**
**Funds**
Notes
**£**
**INCOMING RESOURCES**
**Incoming resources from generated funds**
Voluntary income
2
**176,174**
Activities for generating funds
3
**158,629**
Investment income
4
**5**
**Total incoming resources**
**334,808**
**RESOURCES EXPENDED**
**Charitable activities**
Pre-school
**383,228**
**Total resources expended**
**383,228**
**NET INCOMING RESOURCES**
**(48,420)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**151,440**
**TOTAL FUNDS CARRIED FORWARD**
**103,020**|2021
Total
Funds
£
223,698
151,691
4| |---|---| ||375,393
359,548| ||359,548| ||15,845
135,595| ||151,440| The notes form part of these financial statements Page 4 **Blackberry Lane Pre-School** ## **BALANCE SHEET AT 31 AUGUST 2022** |||**2022**|2021| |---|---|---|---| |||**Unrestricted**|Total| |||**Funds**|Funds| ||Notes|**£**|£| |**FIXED ASSETS**|||| |Tangible assets|9|**923**|1,231| |**CURRENT ASSETS**|||| |Debtors|10|**10,109**|33,679| |Cash at bank and in hand||**96,406**|121,080| |||**106,515**|154,759| |**CREDITORS**|||| |Amounts falling due within one year|11|**(4,418)**|(4,550)| |**NET CURRENT ASSETS**||**102,097 **|150,209| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||**103,020**|151,440| |**NET ASSETS**||**103,020**|151,440| |**FUNDS**|12||| |Unrestricted funds||**103,020**|151,440| |**TOTAL FUNDS**||**103,020**|151,440| The notes form part of these financial statements Page 5 continued... ## **Blackberry Lane Pre-School** ## **BALANCE SHEET - CONTINUED AT 31 AUGUST 2022** The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022. The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 August 2022 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. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with the provisions of FRS 102 Section 1A – Small Entities The financial statements were approved by the Board of Trustees on 24 March 2023 and were signed on its behalf by: C Gillam The notes form part of these financial statements Page 6 **Blackberry Lane Pre-School** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022** ## **1. ACCOUNTING POLICIES** ## **Accounting convention** The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates to write off each asset over its estimated useful life. Plant and machinery etc - 25% on reducing balance ## **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. Restricted funds can only be used for particular restricted purposes within the objects 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. ## **Going Concern** As with many businesses the company has been impacted by the covid-19 virus. The company saw significant reduction in parent fee income following the announcement of lockdowns. The company has used the government and local council support on offer, including the job retention scheme. At the time of approving the financial statements the trustees believe there is sufficient resources to continue in existence. The directors continue to adopt the going concern basis of accounts in preparing the financial statements. ## **2. VOLUNTARY INCOME** |Grants
**ACTIVITIES FOR GENERATING FUNDS**
School fees
Events sales||**2022**
**£**
**176,174**
**176,174**
**2022**
**£**
**154,472**
**4,157 **
**158,628**|2021
£
223,698| |---|---|---|---| ||||223,698| ||||2021
£
149,917
1,774
151,691| ## **3. ACTIVITIES FOR GENERATING FUNDS** Page 7 **Blackberry Lane Pre-School** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2022** ## **4. INVESTMENT INCOME** |Bank interest
**NET INCOMING/(OUTGOING) RESOURCES**
Net resources are stated after charging/ (crediting):
Depreciation - owned assets|**2022**
**£**
**5**
**2022**
**£**
**308**|2021
£
4| |---|---|---| |||2021
£
411| ## **5. NET INCOMING/(OUTGOING) RESOURCES** ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021. ## **Trustees' Expenses** There were no trustees' expenses paid for the year ended 31 August 2022, nor for the year ended 31 August 2021. ## **7. STAFF COSTS** |Wages and salaries|**2022**
**£**
**318,718**|2021
£
312,977| |---|---|---| ## **8. GENERAL FUND** The purpose of this fund is to enhance the development and education of children primarily under statutory school age. Encouraging parents to understand and provide for the needs of their children through community groups. Offering appropriate play, education, care facilities and training courses, 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, financial means or ability. Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs. Instigating and adhering to and furthering the aims and objects of their pre-school learning alliance. Page 8 **Blackberry Lane Pre-School** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2022** |**9.**
**TANGIBLE FIXED ASSETS**
**Plant and**
**machinery**
**etc**
**£**
**COST**
At 1 September 2021 and 31 August 2022
**14,785**
**DEPRECIATION**
At 1 September 2021
**13,554**
Charge for year
**308**
At 31 August 2022
**13,862**
**NET BOOK VALUE**
At 31 August 2022
**923**
At 31 August 2021
1,231
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2022**
2021
**£**
£
Debtors and prepayments
**8,398**
33,679
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2022**
2021
**£**
£
Taxation and social security
**-**
-
Other creditors
**4,418**
4,550
**4,418**
4,550
**12.**
**MOVEMENT IN FUNDS**
**At 1.9.21**
**Net**
**movement in**
**funds**
**At 31.8.22**
**£**
**£**
**£**
**Unrestricted funds**
General fund
**151,440**
**(48,420)**
**103,020**
**TOTAL FUNDS**
**151,440**
**(48,420)**
**103,020**|**9.**
**TANGIBLE FIXED ASSETS**
**Plant and**
**machinery**
**etc**
**£**
**COST**
At 1 September 2021 and 31 August 2022
**14,785**
**DEPRECIATION**
At 1 September 2021
**13,554**
Charge for year
**308**
At 31 August 2022
**13,862**
**NET BOOK VALUE**
At 31 August 2022
**923**
At 31 August 2021
1,231
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2022**
2021
**£**
£
Debtors and prepayments
**8,398**
33,679
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2022**
2021
**£**
£
Taxation and social security
**-**
-
Other creditors
**4,418**
4,550
**4,418**
4,550
**12.**
**MOVEMENT IN FUNDS**
**At 1.9.21**
**Net**
**movement in**
**funds**
**At 31.8.22**
**£**
**£**
**£**
**Unrestricted funds**
General fund
**151,440**
**(48,420)**
**103,020**
**TOTAL FUNDS**
**151,440**
**(48,420)**
**103,020**|**9.**
**TANGIBLE FIXED ASSETS**
**Plant and**
**machinery**
**etc**
**£**
**COST**
At 1 September 2021 and 31 August 2022
**14,785**
**DEPRECIATION**
At 1 September 2021
**13,554**
Charge for year
**308**
At 31 August 2022
**13,862**
**NET BOOK VALUE**
At 31 August 2022
**923**
At 31 August 2021
1,231
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2022**
2021
**£**
£
Debtors and prepayments
**8,398**
33,679
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2022**
2021
**£**
£
Taxation and social security
**-**
-
Other creditors
**4,418**
4,550
**4,418**
4,550
**12.**
**MOVEMENT IN FUNDS**
**At 1.9.21**
**Net**
**movement in**
**funds**
**At 31.8.22**
**£**
**£**
**£**
**Unrestricted funds**
General fund
**151,440**
**(48,420)**
**103,020**
**TOTAL FUNDS**
**151,440**
**(48,420)**
**103,020**| |---|---|---| |||2021
£
-
4,550| |||4,550| ||**31.8.22**
**£**
**103,020**|| ||**103,020**|| Page 9 **Blackberry Lane Pre-School** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2022** ## **12. MOVEMENT IN FUNDS – continued** Net movement in funds, included in the above are as follows: ||**Incoming**|**Resources**
|**Movement in**| |---|---|---|---| ||**resources**|**expended**|**funds**| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |General fund|**334,808**|**(383,228)**|**(48,420)**| |**TOTAL FUNDS**|**334,808**|**(383,228)**|**(48,420)**| Page 10 **Blackberry Lane Pre-School** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022** |**INCOMING RESOURCES**
**Voluntary income**
Grants
Grants – Covid-19
Grants – College/Wight Aid Foundation
Insurance claim
**Activities for generating funds**
School fees
Events sales
**Investment income**
Bank interest
**Total incoming resources**
**RESOURCES EXPENDED**
Purchases
Wages
Employers NI
Staff pension contributions
Rent
Rates
Heating & lighting
Insurance
Telephone
Stationery
Advertising
Website
Sundries
Subscriptions
Repairs and renewals
Staff welfare
Cleaning & waste disposal
Bookkeeping
Accountancy
Professional
School equipment
Licences
Provisions
Training
Plant and machinery
Bank charges|**2022**
**£**
**176,174**
**-**
**-**
**-**
**176,174**
**154,472**
**4,157 **
**334,803**
**5**
**334,808**
**10,263**
**302,852**
**9,279**
**6,587**
**9,292**
**1,492**
**2,456**
**2,806**
**1,297**
**896**
**480**
**300**
**983**
**3,334**
**3,697**
**833**
**16,098**
**902**
**850**
**308**
**1,707**
**1,367**
**2,049**
**2,622**
**308**
**170**
**383,228**
**(48,420)**|2021
£
215,368
7,330
1,000
-
223,698
149,917
1,774
375,389
4
375,393
9,649
298,435
9,055
5,487
8,571
104
2,431
1,590
1,496
1,116
598
330
706
1,904
4,766
2,144
3,684
1,169
525
478
1,719
-
2,086
970
411
124
359,548
15,845| |---|---|---| This page does not form part of the statutory financial statements Page 11