# **HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)**
# **COMPANY REGISTRATION NUMBER:**
**04812158 (ENGLAND AND WALES)**
**REPORT OF THE DIRECTOR AND UNAUDITED FINANCIAL STATEMENTS**
**PERIOD OF ACCOUNTS**
**START DATE: 1[ST] SEPTEMBER 2020**
**END DATE: 31[ST] AUGUST 2021**
## **HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Period Ended 31 August 2021**
||**Page**|
|---|---|
|**Company Information**|**1**|
|**Report of the Directors**|**2**|
|**Surplus and Deficit Account**|**3**|
|**Balance Sheet**|**4**|
|**Notes to the Financial Statements**|**5**|
|**The following pages do not form part of the**||
|**Statutory financial statements:**||
|**Independent Accountants’ Report**|**8**|
|**Detailed Financial Statement**
|**9**|
# **HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)**
# **COMPANY INFORMATION**
# **for the Period Ended 31 August 2021**
**DIRECTORS:** Catherine Dolan Jane Kay Nicola Kettles Elena Marra (resigned 27[th] January 2020) Sarah McAv **an** Lisa Robson (resigned 18[th] October 2021) Lesley Sheasby Karolina Srinivasa (appointed 17[th] November 2020) Nicola Twell **REGISTERED OFFICE:** George Williams House Watson Close, St Bernards Road Sutton Coldfield B72 1LE **REGISTERED NUMBER:** 04812158 (England and Wales) **ACCOUNTANTS:** Smart Accountants Ltd 406a Birmingham Road Wylde Green Sutton Coldfield West Midlands B72 1YJ
Page 1
## **HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)**
## **REPORT OF THE DIRECTOR for the Period Ended 31 August 2021**
The director presents her report with the financial statements of the company for the period ended 31[st] August 2021.
## **PRINCIPAL ACTIVITIES**
The principal activity of the company in the period under review was: Education.
## **DIRECTORS**
The directors below have held office during the period under review:
Catherine Dolan Jane Kay Nicola Kettles Elena Marra (resigned 27[th] January 2020) Sarah McAv **an** Lisa Robson (resigned 18[th] October 2021) Lesley Sheasby Karolina Srinivasa (appointed 17[th] November 2020) Nicola Twell
## **Political and charitable donations**
No charitable donations were made during the year. No contributions to political organisations were made during the year.
The above report has been prepared in accordance with the provisions in Part XV of the Companies Act 2006 relating to small companies.
## **This report was approved by the board of directors on:** 6[th] May 2022
NAME: Catherine Dolan
STATUS: DIRECTOR
Page 2
## **HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)**
## **NOTES TO THE FINANCIAL STATEMENTS for the Period Ended 31[st] August 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of measurement and preparation of accounts**
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).
## **Turnover policy**
The turnover shown in the profit and loss account represents revenue earned during the period, excluding VAT.
## **Tangible fixed assets depreciation policy**
Depreciation is provided at the following annual rates in order to write of each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance Plant and machinery - 25% reducing balance/33% or 100% on cost Motor vehicles - 20% on reducing balance Computer equipment - 33% or 100% on cost
## **Deferred tax**
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
## **Valuation information and information policy**
Stock and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
## **Other accounting policies**
Assets obtained under hp or leases are capitalised in the balance sheet and depreciated over their useful lives or lease term, whichever is shorter. The interest element is charged to the profit and loss account over the period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account as incurred. Research and development expenditure is written off in the period in which it is incurred.
## **2. OPERATING SURPLUS**
The operating profit is stated after charging: **2021** 2020 **£** £ Depreciation - owned assets **0** 0 Directors' emoluments and other benefits etc **33,892** 27,650
Page 5
## **HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)**
## **INDEPENDENT ACCOUNTANTS’ REPORT TO THE DIRECTORS OF HOLY TRINITY PRESCHOOL (SUTON COLDFIELD) ON THE UNAUDITED ACCOUNTS**
To the directors:
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31[st] August 2021 set out on pages three to eight and you consider that the company is exempt from an audit.
In accordance with your instructions, we have compiled these un-audited financial statements, in order to assist you to fulfil your statutory responsibilities. These unaudited financial statements have been compiled from the accounting records, information and explanations supplied to us.
Our report has been prepared in accordance with the terms outlined above and for no other purpose. No person is entitled to rely on this report other than the directors of Holy Trinity Preschool (Sutton Coldfield) or any other person expressly authorised to do so by our prior written consent. Save as above, we do not accept responsibility for this report to any other person or for any other purpose and we hereby disclaim any and all such liability.
You have approved the financial information and have acknowledged your responsibility for it, for the appropriateness of the accounting basis and for providing all information and explanations necessary for its completion.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given us and we do not therefore express any opinion on the financial information.
Smart Accountants Limited 406a Birmingham Road Wylde Green Sutton Coldfield B72 1YJ
Dated: 16[th] May 2022
This page does not form part of the statutory financial statements Page 8
## **DETAILED FINANCIAL STATEMENTS**
# **For the period ended 31[st] August 2021**
## **FOR**
**HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)**
Page 9
## **HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)**
## **SURPLUS AND DEFICIT ACCOUNT For the Period Ended 31 August 2021**
|Notes
**TURNOVER**
Cost of Sales
**GROSS SURPLUS**
Administrative Expenses
**OPERATING SURPLUS/(DEFICIT)**
2
Interest Receivable and
similar income
Interest payable and
similar charges
**SURPLUS/(DEFICIT) ON ORDINARY ACTIVITIES**
**BEFORE TAXATION**
Tax on profit on ordinary
3
activities
**SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR**
**AFTER TAXATION**
Retained surplus brought forward
**RETAINED SURPLUS CARRIED FORWARD**|**2021**
**£**
110,963
0
110,963
106,957
4,006
9
0
4,015
0
4,015
71,802
0
75,817|**2020**|
|---|---|---|
|||**£**
126,981
0|
|||126,981
98,994|
|||27,987
29
0|
|||28,016
0|
|||28,016
43,786
0|
|||71,802|
These notes form part of the financial statements Page 3
## **HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)**
## **BALANCE SHEET 31 August 2021**
|Notes
**FIXED ASSETS:**
Tangible assets
4
**CURRENT ASSETS:**
Stocks
Debtors
5
Cash at bank and in hand
**CREDITORS:**Amounts falling
due within one year
6
due after one year
7
**NET CURRENT (LIABILITIES)/ASSETS:**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES:**
**PROVISION FOR LIABILITIES**
**AND CHARGES:**
**CAPITAL AND RESERVES:**
Surplus and deficit account
8
Reserves
9
**SHAREHOLDERS' FUNDS:**|**2021**
**2020**
**£**
**£**
**£**
**£**
0
0
0
0
0
0
76,986
72,497
76,986
72,497
-1,169
-694
0
0
75,817
71,803
75,817
71,803
0
0
75,817
71,803
75,817
71,802
0
0
75,817
71,802|**2020**|
|---|---|---|
|||71,803
0|
|||71,803|
|||71,802
0|
|||71,802|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.
No notice has been deposited under Section 476 of the Companies Act 2006 in relation to its financial statements for the financial year.
The directors acknowledge their responsibility for:
(a) ensuring that the directors keeps accounting records which 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 company as at the end of each financial year and of its profit or loss 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 company. These financial statements have been prepared in accordance with the special provisions of part XV of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
## **ON BEHALF OF THE BOARD:**
Catherine Dolan
DIRECTOR Approved by the Board on 6 May 2022 These notes form part of the financial statements Page 4
## **HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)**
## **NOTES TO THE FINANCIAL STATEMENTS For the Period Ended 31 August 2021**
## **3 TAXATION**
The tax (credit)/charge on the loss on ordinary activities for the year was as follows:
||||||**2021**||**2020**||
|---|---|---|---|---|---|---|---|---|
||||||**£**||**£**||
||UK Corporation Tax/(refund)|||||0||0|
||Corporation Tax over provision|||||0||0|
||Deferred Taxaton|||||0||0|
|||||||0||0|
||UK Corporation Tax has been charged at 20%||||||||
|**4**|**TANGIBLE FIXED ASSETS**||||||||
|||**Plant and**|**Office**|**Furniture**|**Motor**||||
|||**machinery equipment**||**& fixtures**|**vehicles**||**Totals**||
|||**£**|**£**|**£**|**£**||**£**||
||COST||||||||
||1 September 2020|0|0|0||0||0|
||Additions|||||||0|
||31 August 2021|0|0|0||0||0|
||**DEPRECIATION**||||||||
||1 September 2020|0|0|0||0||0|
||Charge for the year|0|0|0||0||0|
||31 August 2021|0|0|0||0||0|
||**NET BOOK VALUE**||||||||
||31 August 2021|0|0|0||0||0|
||1 September 2020|0|0|0||0||0|
## **5 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**DEBTORS: AMOUNTS FALLING**
**DUE WITHIN ONE YEAR**||
|---|---|
|Trade Debtors
VAT; debtor
Prepayments|**2021**
**2020**
**£**
**£**
0
0
0
0
0
0|
||0
0|
Page 6
## **HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)**
## **NOTES TO THE FINANCIAL STATEMENTS For the Period Ended 31 August 2021**
## **6 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade creditors
Other creditors
Creditors VAT
Creditors PAYE
Creditors NI
Creditors Corporation Tax
Accruals
**7**
**CREDITORS: AMOUNTS FALLING**
**DUE AFTER ONE YEAR**
Director's loan account
**8**
**SURPLUS AND DEFICIT ACCOUNT**
Balance b/f
Reserves
Surplus/deficit for the year
Surplus carried forward|**2021**
**2020**
**£**
**£**
-
-
(437)
(349)
-
-
(734)
(346)
-
-
-
-
-
-|
|---|---|
||(1,169)
(694)|
||**2021**
**2020**
**£**
**£**
0
0|
||0
0|
||**2021**
**2020**
**£**
**£**
71,802
43,786
0
0
4,015
28,016|
||75,817
71,802|
Page 7
## **HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)**
## **INCOME AND EXPENDITURE ACCOUNT For the Period Ended 31 August 2021**
|1
**INCOME**
Fees
NEF income
Fundraising
Grants
Donations
Other income
2
**COST OF SALES**
Opening stock
Opening work in progress
Direct Costs/purchases
Sub-contract costs
Less:
Closing stock
Closing work in progress
**GROSS PROFIT**
3
**ADMINISTRATIVE EXPENSES**
Directors' remuneration
Employee costs
Premises costs
Repairs and renewals
General administrative expenses
Consumables
Equipment
Fundraising
Grant spending
Legal & professional fees
Bad debts
Interest
Other financial charges
Pension Cost
Depreciation plant & machinery
Depreciation office equipment
Depreciation furniture & fixtures
Depreciation motor vehicles
Other expenses
**OPERATING SURPLUS**
6
**FINANCE INCOME**
Bank account interest
7
**FINANCE COSTS**
Bank interest
**NET SURPLUS/(DEFICIT)**|**2021**
**£**
33,924
74,297
317
2,425
0
0
110,963
0
0
0
0
0
0
0
0
110,963
33,892
56,387
7,658
0
4,471
1,617
1,345
173
0
1,414
0
0
0
0
0
0
0
0
0
106,957
4,006
9
0
4,015|**2020**
**£**
24,662
88,330
2,597
10,762
10
620|
|---|---|---|
|||126,981
0
0
0
0
0
0
0|
|||0|
|||126,981|
|||27,650
54,626
9,290
0
1,820
1,754
693
1,803
0
1,358
0
0
0
0
0
0
0
0
0|
|||98,994|
|||27,987|
|||29
0|
|||28,016|
This page does not form part of the statutory financial statements Page 10