PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
DIRECTORS' REPORT FOR THE YEAR ENDED 31 JULY 2022
Principal ac�vi�es
The principal ac�vity of the company is to provide nursery school facili�es for pre-school children.
Directors
The directors who served during the year were as follows: A FINEMAN Appointed 09 November 2009 J ASKEW Appointed 16 November 2020 J S SHEPPARD Appointed 22 January 2016 Resigned 18 November 2021 K MARSH Appointed 18 November 2021
Responsibili�es of the directors
fair view of the financial ac�vi�es of the charity and of its financial posi�on at the end of that year. In preparing those financial statements the directors are required to:
(a) select suitable accoun�ng policies and apply them consistently;
(b) make judgements and es�mates that are reasonable and prudent:
(c) state whether the policies adopted are in accordance with the Companies Act 1985 and with applicable accoun�ng standards and statements of recommended prac�ce, subject to any material departures disclosed and explained in the financial statements.
the charity will con�nue in existence.
The directors are responsible for keeping proper accoun�ng records which disclose with reasonable accuracy at any �me the financial posi�on of the charity and enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the preven�on and detec�on of fraud and other irregulari�es.
On behalf of the board
ALAN FINEMAN 29 September 2022
COMPANY NUMBER: 5392129 (ENGLAND AND WALES)
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
DIRECTORS' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022
PEMBURY SCHOOL HOUSE NURSERY COMPANY LIMITED BY GUARANTEE COMPANY INFORMATION FOR THE YEAR ENDED 31 JULY 2022
| Company Number: | 5392129 (ENGLAND & WALES) | 5392129 (ENGLAND & WALES) |
|---|---|---|
| Directors: | A FINEMAN | Appointed 09 November 2009 |
| J ASKEW | Appointed 16 November 2020 | |
| Resigned 18 November 2021 | ||
| K MARSH | Appointed 18 November 2021 | |
| Secretary: | J S SHEPPARD | Appointed 22 January 2016 |
| Resigned 18 November 2021 | ||
| J ASKEW | Appointed 18 November 2021 | |
| Registered Charity Number: | 1109583 | |
| Registered Office: | LOWER GREEN | ROAD |
| PEMBURY | ||
| KENT | ||
| TN2 4EB |
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022
CONTENTS
| Page | |
|---|---|
| Directors' Report | 1 |
| Profit and Loss Account | 2 |
| Balance Sheet | 3 |
| Notes | 4 to 6 |
| The following page does not form part of the Statutory Financial Statements: | |
| Detailed Income and Expenditure Account | 7 |
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 JULY 2022
The directors present their report and financial statements for the year ended 31 July 2022.
Principal activities
The principal activity of the company is to provide nursery school facilities for pre school children.
Directors
The directors who served during the year were as follows:
A FINEMAN Appointed 09 November 2009 J ASKEW Appointed 16 November 2020 J S SHEPPARD Appointed 22 January 2016 Resigned 18 November 2021 K MARSH Appointed 18 November 2021
Responsibilities of the directors
The directors are required to prepare financial statements for each financial year which give a true and fair view of the financial activities of the charity and of its financial position at the end of that year. In preparing those financial statements the directors are required to:
(a) select suitable accounting policies and apply them consistently; (b) make judgements and estimates that are reasonable and prudent: (c) state whether the policies adopted are in accordance with the Companies Act 1985 and with applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the financial statements. (d) prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in existence.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board
…………………….
ALAN FINEMAN
29 September 2022
Page 4
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 JULY 2022
| Turnover Administrative expenses Operating surplus / (deficit) Other interest receivable and similar income HMRC Furlough Scheme Small Business Grant Surplus / ( deficit) on ordinary activities before taxation Tax on surplus on ordinary activities Retained surplus / (deficit) for the year |
Note 2 10 |
2022 £ 128,187 109,758 18,429 528 0 0 18,957 - 18,957 |
2021 £ 93,646 112,778 |
|---|---|---|---|
| (19,132) 540 3,560 8,097 |
|||
| (6,935) - |
|||
| (6,935) |
The company has made no acquisitions nor discontinued any operations within the meaning of Financial Reporting Standard 3 during the year; therefore turnover and operating profit / (deficit) derive entirely from continuing operations.
The company has no recognised gains or losses other than the surplus or deficit for the financial year.
The annexed notes form part of these financial statements.
Page 2
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET AS AT 31 JULY 2022
| Fixed assets Tangible Assets Current assets Debtors Cash at bank and in hand Creditors Amounts falling due within one year Net current assets Total assets less current liabilities Net assets Capital and reserves Other reserves Income and expenditure account Members' funds |
Note 5 6 7 8 9 |
2022 £ 1,344 104,196 105,540 (1,101) |
£ 3,171 104,439 107,610 £107,610 8,379 99,231 £107,610 |
2021 £ 1,344 86,380 87,724 (1,776) |
£ 2,705 85,948 |
|---|---|---|---|---|---|
| 88,653 | |||||
| £88,653 | |||||
| 8,379 80,274 |
|||||
| £88,653 |
In the opinion of the directors the company is entitled to claim exemptions from audit by virtue of subsection (1) of Section 249A of the Companies Act 1985. Members have not required the company, under s.249B(2) of the Companies Act 1985 to obtain an audit for the year ended 31 July 2022. The directors are responsible for ensuring that the company maintains accounting records in compliance with Section 221 of that Act and for preparing accounts which give a true and fair view of the affairs of the company as at the end of the financial year and of its profit or loss for the year then ended in accordance with Section 226, and which comply with the other requirements of the Act relating to the accounts so far as applicable to the company.
Approved by the board of directors on 29 September 2022 and signed on its behalf.
………………………………
ALAN FINEMAN
The annexed notes form part of these financial statements.
Page 3
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022
- 1 Accounting policies
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures and fittings; and Equipment - 25% per annum on reducing value.
2 Operating surplus / (deficit)
| This is stated after charging: Depreciation of owned assets |
2022 £ 1,057 |
2021 £ 902 |
|
|---|---|---|---|
3 Transactions with Directors
The following Directors received emoluments from the Company during the year.
| R L Ventin J Askew J S Sheppard K Marsh |
2022 2021 £ £ 0 8,653 21,416 17,943 6,442 21,539 13,341 0 |
|---|---|
These amounts are included in the total of wages and salaries shown below:
The following Directors received pension contributions from the Company during the year.
4
| R L Ventin J Askew J S Sheppard K Marsh Staff costs The aggregate payroll costs for all staff members were: Wages and Salaries |
2022 £ 0 455 143 285 2022 £ 89,037 |
2021 £ 54 426 483 0 2021 £ 95,906 |
|
|---|---|---|---|
Page 4
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 JULY 2022
| 5 6 |
Tangible fixed assets Cost: At 01 August 2021 Additions At 31 July 2022 Depreciation: At 01 August 2021 Charge for the year At 31 July 2022 Net book value: At 31 July 2022 At 31 July 2021 Debtors Due within one year: Sundry debtors Rent paid in advance |
2022 £ 0 1,344 £1,344 |
Total Assets £ 20,094 1,523 |
|
|---|---|---|---|---|
| 21,617 | ||||
| 17,389 1,057 |
||||
| 18,446 | ||||
| £3,171 | ||||
| £2,705 | ||||
| 2021 £ 0 1,344 |
||||
| £1,344 |
Page 5
PEMBURY SCHOOL HOUSE NURSERY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 JULY 2022
| 7 8 9 |
Creditors- amounts falling due within one year Guaranteed deposits Accruals Other reserves Pre incorporation surplus Income and Expenditure account Balance at 01 August 2021 Surplus for the year Balance at 31 July 2022 |
||
|---|---|---|---|
10 Taxation
The company is registered with the Charities Commission and also incorporated limited by guarantee, therefore there is no tax liability for any surplus incurred during the period.
Page 6
COMPANY LIMITED BY GUARANTEE
DETAILED INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JULY 2022
| Turnover Fees Other Direct Income Fundraising activities Grants received Gross surplus Other interest receivable & similar Apprenticeship Award Staff Training Award HMRC Furlough Scheme Small Business Grant Overheads Wages and Salaries Company Pension Costs Rent and Service Charges Repairs and Renewals Cleaning Consumables Telephone Stationery and Postage Accounting Costs Payroll Cost Fundraising Costs Insurance Staff Training Sundries Depreciation Covid 19 Costs Surplus / (Deficit) on ordinary activities |
£ 89,037 967 8,806 2,156 1,404 1,004 426 1,050 355 90 448 623 936 1,399 1,057 0 |
2022 | £ 55,800 3,237 66,636 125,673 528 1,500 1,014 0 0 128,715 109,758 £18,957 |
2021 £ 95,906 1,039 8,368 355 1,353 774 768 781 0 89 108 619 838 596 902 292 |
£ 38,610 388 54,648 |
|---|---|---|---|---|---|
| 93,646 540 0 0 3,560 8,097 |
|||||
| 105,843 112,788 |
|||||
| £6,945 |
Page 7
Independent examiner’s report to the trustees of Pembury School House Nursery (‘the Company’)
I report to the charity trustees on my examina�on of the accounts of the Company for the year ended 31 July 2022.
Responsibili�es and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the prepara�on of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
16 of the 2006 Act and are eligible for independent examina�on, I report in respect of my examina�on of your charity’s accounts as carried out under sec�on 145 of the Chari�es Act 2011 (‘the 2011 Act’). In carrying out my examina�on I have followed the Direc�ons given by the Charity Commission under sec�on 145(5) (b) of the 2011 Act.
Independent examiner’s statement
with the examina�on giving me cause to believe:
-
accoun�ng records were not kept in respect of the Company as required by sec�on 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accoun�ng requirements of sec�on 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a ma�er considered as part of an independent examina�on; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Prac�ce for accoun�ng and repor�ng by chari�es.
I have no concerns and have come across no other ma�ers in connec�on with the examina�on to which a�en�on should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Name: Laughton Ross BA (hons), FCA, ACII Address: 23a Hadlow Road, Tonbridge Date: 13 May 2023