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 2021
END DATE: 31[ST] AUGUST 2022
HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)
CONTENTS OF THE FINANCIAL STATEMENTS for the Period Ended 31 August 2022
| 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 2022
DIRECTORS: Catherine Dolan Jane Kay (resigned 6[th] December 2022) Nicola Kettles Sarah McAvan Lesley Sheasby Karolina Srinivasa (resigned 28[th] March 2023) Nicola Twell Sarah Brook (appointed 10[th] May 2022) Manveer Punia (appointed 22[nd] December 2022) Sarah Tonsley (appointed 5[th] December 2022) 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 2022
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 (resigned 6[th] December 2022) Nicola Kettles Sarah McAvan Lesley Sheasby Karolina Srinivasa (resigned 28[th] March 2023) Nicola Twell Sarah Brook (appointed 10[th] May 2022)
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: 30/03/2023
NAME: Catherine Dolan
STATUS: DIRECTOR
Page 2
HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)
NOTES TO THE FINANCIAL STATEMENTS for the Period Ended 31[st] August 2022
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: 2022 2021 £ £ Depreciation - owned assets 0 0 Directors' emoluments and other benefits etc 33,991 33,892
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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 2022 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: 30[th] March 2023
This page does not form part of the statutory financial statements Page 8
DETAILED FINANCIAL STATEMENTS
For the period ended 31[st] August 2022
FOR
HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)
Page 9
HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)
SURPLUS AND DEFICIT ACCOUNT For the Period Ended 31 August 2022
| 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 |
2022 £ 101,225 0 101,225 114,977 -13,752 4 0 -13,748 0 -13,748 75,817 0 62,069 |
2021 |
|---|---|---|
| £ 110,963 0 |
||
| 110,963 106,957 |
||
| 4,006 9 0 |
||
| 4,015 0 |
||
| 4,015 71,802 0 |
||
| 75,817 |
These notes form part of the financial statements
Page 3
HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)
BALANCE SHEET 31 August 2022
| 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: |
2022 2021 £ £ £ £ 0 0 0 0 0 0 63,473 76,986 63,473 76,986 -1,404 -1,169 0 0 62,069 75,817 62,069 75,817 0 0 62,069 75,817 62,069 75,817 0 0 62,069 75,817 |
2021 |
|---|---|---|
| 75,817 0 |
||
| 75,817 | ||
| 75,817 0 |
||
| 75,817 |
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 3rd April 2023 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 2022
3 TAXATION
The tax (credit)/charge on the loss on ordinary activities for the year was as follows:
| UK Corporation Tax/(refund) Corporation Tax over provision Deferred Taxaton |
2022 2021 £ £ 0 0 0 0 0 0 |
|---|---|
| 0 0 |
UK Corporation Tax has been charged at 20%
| 4 | TANGIBLE FIXED ASSETS | TANGIBLE FIXED ASSETS | ||||||
|---|---|---|---|---|---|---|---|---|
| Plant and | Office | Furniture | Motor | |||||
| **machinery ** | equipment | & fixtures | vehicles | Totals | ||||
| £ | £ | £ | £ | £ | ||||
| COST | ||||||||
| 1 September 2021 | 0 | 0 | 0 | 0 | 0 | |||
| Additions | 0 | |||||||
| 31 August 2022 | 0 | 0 | 0 | 0 | 0 | |||
| DEPRECIATION | ||||||||
| 1 September 2021 | 0 | 0 | 0 | 0 | 0 | |||
| Charge for the year | 0 | 0 | 0 | 0 | 0 | |||
| 31 August 2022 | 0 | 0 | 0 | 0 | 0 | |||
| NET BOOK VALUE | ||||||||
| 31 August 2022 | 0 | 0 | 0 | 0 | 0 | |||
| 1 September 2021 | 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 |
2022 2021 £ £ 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 2022
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 |
2022 2021 £ £ - - - (437) - - (1,104) (734) - - - - (300) - |
|---|---|
| (1,404) (1,169) |
|
| 2022 2021 £ £ 0 0 |
|
| 0 0 |
|
| 2022 2021 £ £ 75,817 71,802 0 0 -13,748 4,015 |
|
| 62,069 75,817 |
Page 7
HOLY TRINITY PRESCHOOL (SUTTON COLDFIELD)
INCOME AND EXPENDITURE ACCOUNT For the Period Ended 31 August 2022
| 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) |
2022 £ 34,683 64,723 1,641 0 0 178 101,225 0 0 0 0 0 0 0 0 101,225 33,992 62,084 11,571 230 2,774 654 1,613 150 0 1,909 0 0 0 0 0 0 0 0 0 114,977 -13,752 4 0 -13,748 |
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 |
This page does not form part of the statutory financial statements Page 10