| Trustees' Annual Report for the | ort for theperiod |
|---|---|
| From Period start date To 01 09 2021 |
Period end date 31 08 2022 |
Section A Reference and administration details
Charity name Ullesthorpe Pre-School Ltd
Other names charity is known by Registered charity number (if any) ~~a~~ 1112729 Charity's principal address Main Street Ullesthorpe, Lutterworth, Leicestershire Postcode LE17 5DH
Registered charity number (if any) 1112729 Charity's principal address
Names of the charity trustees who manage the charity
| ~~ee~~ | |||
|---|---|---|---|
| Trustee name ~~ee~~ |
Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
| Mohottalalage Kalana Navarante ~~ee~~ |
7/02/2022 to present | ||
| AmyGallagher ~~ee~~ |
07/02/2022 topresent | ||
| Ruth Thompson ~~ee~~ ~~a~~ |
29/07/20 to Present | ||
| Christina Mactaggart ~~a~~ |
5/08/2020 to present | ||
| ~~a~~ | |||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
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Name Dates acted if not for whole year
Names and addresses of advisers (Optional information)
| Type of adviser | Name Address |
Name Address |
|---|---|---|
| District Councillor | Rosita Page | LCC |
| Early Years | Jo Fisher | LCC |
| Business Development | Praksha Bathia | LCC |
| Local Authority Early Years Improvement Adviser |
Kathryn Liles-Taylor | LCC |
| Name of chief executive or names of senior staff members (Optional information) | ||
Section B Structure, governance and management
Description of the charity’s trusts
Memorandum and Articles of Association Type of governing document (eg. trust deed, constitution) Company How the charity is constituted (eg. trust, association, company) Appointed by current members of the Committee / Trustees Trustee selection methods (eg. appointed by, elected by)
Additional governance issues (Optional information)
| Youmay chooseto include additional information, where relevant, about: |
Youmay chooseto include additional information, where relevant, about: |
Trustees complete DBS checks in line with statutory requirements. Trustees meet regularly (at least once a month), are in daily email contact and work collaboratively on all aspects of the role. Induction and training takes place as part of our regular meetings. |
|---|---|---|
| | policies and procedures | |
| adopted for the induction and | The work of the Ullesthorpe Pre-School is | |
| training of trustees; | overseen by a voluntary management committee. The Pre-School | |
| | the charity’s organisational structure and any wider |
management structure consists of one Childcare Manager, one Deputy Manager and three Nursery Practitioner and one casual member of staff. |
| network with which the charity works; |
The Pre-School works regularly with a number of LCC professionals, namely an Early Years Inclusion |
|
| | relationship with any related | Advisor and Business Development Adviser. |
| parties; | ||
| | trustees’ consideration of major risks and the system and procedures to manage |
Our Pre-School is on the site of the Ullesthorpe Primary School and, although we are a separate body, the Trustees are in regular contact to discuss ideas. |
| them. | ||
| Trustees give their time for free and receive no financial benefit. | ||
| The environment is checked daily for H&S risk and we use risk |
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assessments in relation to trips, activities and equipment.
Section C Objectives and activities
| Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) |
The charity works for the public benefit having as its objective the development and education of children and young people, in particular by: (1) promoting their care and safety, (2) promoting their education and promoting parental involvement, (3) promoting their health and wellbeing, (4) providing services to support them and their families and carers, and (5) furthering the aims of the Pre-School Learning Alliance |
|---|---|
| In all of our decisions we (the trustees) have regard to the guidance issued by the Charity Commission on public benefit. Our main activity is to deliver, within our fully inclusive setting for 2–5 year olds, the Early Year Foundation Stage. In order to do this we employ childcare managers and practitioners who undertake joint daily planning of activities to meet the needs and interests of the children attending our setting. The preschool has taken on the responsibility of the before and after school club as from 29/08/2023 offering a homework club and opportunities to make own dinner, breakfast. We deploy a key person approach to ensure that the progress and well- being of all individual children is constantly monitored and feeds into future planning. We ensure that our staff are well trained and hence able to successfully meet the needs of the children in our care. We promote the importance of the learning environment and endeavour to make this as stimulating as possible. We listen to the views of children, parents and staff and use this feedback to inform our improvement work. We accurately assess our children and provide this information to LCC as requested. We develop positive relationships with parents and carers and invite them into our setting as observers or helpers. We value all children as individuals and celebrate Britain’s diversity of culture and ethnicity. We help the children in our care to be happy and healthy. We have policies and procedures in place for all aspects of safeguarding, child protection and health and safety, and we use staff training days and meetings to ensure all staff are fluent in these. We follow the recommendations offered by our LCC improvement advisor and the guidance available from the Pre-School Learning Alliance. |
Additional details of objectives and activities (Optional information)
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We are looking to arrange fundraising events and activities within the near future to raise funds in order to develop and provide modern equipment and facilities for the children.
We actively look for improvements do the Preschool Building, applying for local grants, where possible.
You may choose to include further statements, where relevant, about:
-
policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
Section D Achievements and performance
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Section D Achievements and performance
Summary of the main We have worked hard to progress via local adverts and word of mouth to achievements of the charity increase the number of children attending our setting and the number of during the year sessions attended by children, to improve the financial stability of the PreSchool.
We have worked with our LCC Improvement Partner to further improve the learning environment and our ability to meet the needs of two-year-olds attending our setting.
We have updated all job descriptions and employee handbook to ensure that these are aligned with the recommendations of the PLA and meet the needs of our setting.
Policies are regularly reviewed and updated where required.
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Section E Financial review
We currently hold a sum of just over £5000 in our business bank account, Brief statement of the this fund is our reserves and look to steadily increase. charity’s policy on reserves
Details of any funds materially No funds are materially in deficit currently in deficit
Further financial review details (Optional information)
The charity’s principal sources of funds are fees collected from You may choose to include children (mainly aged 2 years) attending the Pre-School and additional information, where income received from LCC for those children aged 3 and above relevant about: who are entitled to funded sessions.
the charity’s principal sources of funds (including Our main expenditure is wages for our childcare staff who deliver any fundraising); the EYFS and enable us to meet the key objectives of the charity. how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
In August 2022 it was brought to our attention that there were no monies in the account, upon further investigations it was found that we have been a victim of significant fraudulent activity which was reported to the bank, charity commission (incident number 554547 CRM: 0458194) and police. This investigation is still ongoing to identify the full extent and time scale of the fraud to allow authorities and involved bodies to hopefully identify the persons or organisations allegedly responsible.
The above is still an ongoing situation in which the police are dealing with.
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) R Thompson Full name(s) Ruth Thompson Position (eg Secretary, Chair, Chairman etc) Date 2nd September 2023
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UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
FOR
ULLESTHORPE PRE-SCHOOL LIMITED
ULLESTHORPE PRE-SCHOOL LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
| Page | |
|---|---|
| Income Statement | 1 |
| Balance Sheet | 2 |
| Chartered Accountants' Report | 4 |
| Trading and Profit and Loss Account | 5 |
| Detailed Balance Sheet | 6 |
ULLESTHORPE PRE-SCHOOL LIMITED
INCOME STATEMENT FOR THE YEAR ENDED 31 AUGUST 2023
| TURNOVER Other income Cost of raw materials and consumables Staff costs Depreciation and other amounts written off assets Other charges Taxation PROFIT/(LOSS) |
31.8.23 £ 104,492 - (3,191) (62,480) (879) (19,605) - 18,337 |
31.8.22 £ 94,736 1 (13,433) (75,247) (991) (11,900) - (6,834) |
|---|---|---|
Page 1
ULLESTHORPE PRE-SCHOOL LIMITED (REGISTERED NUMBER: 05537726)
BALANCE SHEET 31 AUGUST 2023
| FIXED ASSETS CURRENT ASSETS CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES RESERVES |
31.8.23 £ 39,091 (1,800) |
£ 545 37,291 37,836 37,836 |
31.8.22 £ 22,735 (4,070) |
£ 834 18,665 |
|---|---|---|---|---|
| 19,499 | ||||
| 19,499 |
NOTES TO THE FINANCIAL STATEMENTS
- STATUTORY INFORMATION
Ullesthorpe Pre-School Limited is a private company, registered in England and Wales. The company's registered number and registered office address are as below:
Registered number: 05537726 Registered office: Main Street Ullesthorpe Lutterworth Leicestershire LE17 5DH
2. AVERAGE NUMBER OF EMPLOYEES
The average number of employees during the year was 7 (2022 - 8).
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
-
(a) ensuring that the company 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.
continued...
Page 2
ULLESTHORPE PRE-SCHOOL LIMITED (REGISTERED NUMBER: 05537726)
BALANCE SHEET - continued 31 AUGUST 2023
The financial statements have been prepared in accordance with the micro-entity provisions.
The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2023 and were signed on its behalf by:
Mrs R Thompson - Director
Page 3
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED FINANCIAL STATEMENTS OF ULLESTHORPE PRE-SCHOOL LIMITED
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ullesthorpe Pre-School Limited for the year ended 31 August 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of Ullesthorpe Pre-School Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ullesthorpe Pre-School Limited and state those matters that we have agreed to state to the Board of Directors of Ullesthorpe Pre-School Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ullesthorpe Pre-School Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Ullesthorpe Pre-School Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ullesthorpe Pre-School Limited. You consider that Ullesthorpe Pre-School Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Ullesthorpe Pre-School Limited. 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 financial statements.
PWH Accountancy Ltd The Counting House High Street Lutterworth Leicestershire LE17 4AY
28 November 2023
This page does not form part of the statutory financial statements
Page 4
ULLESTHORPE PRE-SCHOOL LIMITED
TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023
| Turnover Fees Fundraising Grants received Cost of sales Purchases GROSS PROFIT Other income Interest Receivable Expenditure Rent Rates and water Insurance Light and heat Wages Social security Pensions Telephone Post and stationery Advertising Computer expenses Repairs and renewals Household and cleaning Training and support Sundry expenses Accountancy Subscriptions Legal fees Finance costs Bank charges Bank loan interest Depreciation Fixtures and fittings Computer equipment NET PROFIT/(LOSS) |
31.8.23 £ 34,002 1,032 69,458 1,850 2,104 783 10,300 61,158 212 1,110 823 256 64 7 - 869 - 269 1,020 1,282 50 (74) 2 540 339 |
£ 104,492 3,191 101,301 - 101,301 82,157 19,144 (72) 19,216 879 18,337 |
31.8.22 £ 19,531 3,735 71,470 63 4,211 - - 72,864 1,192 1,191 864 2,141 168 474 166 891 16 130 990 1,736 50 - - 846 145 |
£ 94,736 13,433 81,303 1 81,304 87,147 (5,843) - (5,843) 991 (6,834) |
|---|---|---|---|---|
This page does not form part of the statutory financial statements
Page 5
ULLESTHORPE PRE-SCHOOL LIMITED
DETAILED BALANCE SHEET FOR THE YEAR ENDED 31 AUGUST 2023
| 31.8.23 | 31.8.22 | |
|---|---|---|
| £ | £ | |
| FIXED ASSETS | ||
| Fixtures and fittings | 1 | 541 |
| Computer equipment | 544 | 293 |
| 545 | 834 | |
| CURRENT ASSETS | ||
| Other debtors | 11,557 | 11,495 |
| Bank account no. 1 | 23,655 | 9,176 |
| Bank account no. 2 | 2,925 | - |
| Bank account no. 3 | 652 | - |
| Bank account no. 4 | 9 | 740 |
| Cash in hand | 293 | 1,324 |
| 39,091 | 22,735 | |
| CREDITORS | ||
| Amounts falling due within one year | ||
| Bank account no. 2 | - | (349) |
| Trade creditors | (1,800) | (899) |
| Social security and other taxes | - | (2,399) |
| Pension | - | (423) |
| (1,800) | (4,070) | |
| NET CURRENT ASSETS | 37,291 | 18,665 |
| TOTAL ASSETS LESS CURRENT | ||
| LIABILITIES | 37,836 | 19,499 |
| NET ASSETS | 37,836 | 19,499 |
| RESERVES | ||
| Retained earnings | 37,836 | 19,499 |
This page does not form part of the statutory financial statements
Page 6
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
FOR
ULLESTHORPE PRE-SCHOOL LIMITED
ULLESTHORPE PRE-SCHOOL LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
| Page | |
|---|---|
| Income Statement | 1 |
| Balance Sheet | 2 |
| Chartered Accountants' Report | 4 |
| Trading and Profit and Loss Account | 5 |
| Detailed Balance Sheet | 6 |
ULLESTHORPE PRE-SCHOOL LIMITED
INCOME STATEMENT FOR THE YEAR ENDED 31 AUGUST 2023
| TURNOVER Other income Cost of raw materials and consumables Staff costs Depreciation and other amounts written off assets Other charges Taxation PROFIT/(LOSS) |
31.8.23 £ 104,492 - (3,191) (62,480) (879) (19,605) - 18,337 |
31.8.22 £ 94,736 1 (13,433) (75,247) (991) (11,900) - (6,834) |
|---|---|---|
Page 1
ULLESTHORPE PRE-SCHOOL LIMITED (REGISTERED NUMBER: 05537726)
BALANCE SHEET 31 AUGUST 2023
| FIXED ASSETS CURRENT ASSETS CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES RESERVES |
31.8.23 £ 39,091 (1,800) |
£ 545 37,291 37,836 37,836 |
31.8.22 £ 22,735 (4,070) |
£ 834 18,665 |
|---|---|---|---|---|
| 19,499 | ||||
| 19,499 |
NOTES TO THE FINANCIAL STATEMENTS
- STATUTORY INFORMATION
Ullesthorpe Pre-School Limited is a private company, registered in England and Wales. The company's registered number and registered office address are as below:
Registered number: 05537726 Registered office: Main Street Ullesthorpe Lutterworth Leicestershire LE17 5DH
2. AVERAGE NUMBER OF EMPLOYEES
The average number of employees during the year was 7 (2022 - 8).
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
-
(a) ensuring that the company 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.
continued...
Page 2
ULLESTHORPE PRE-SCHOOL LIMITED (REGISTERED NUMBER: 05537726)
BALANCE SHEET - continued 31 AUGUST 2023
The financial statements have been prepared in accordance with the micro-entity provisions.
The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2023 and were signed on its behalf by:
Mrs R Thompson - Director
Page 3
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED FINANCIAL STATEMENTS OF ULLESTHORPE PRE-SCHOOL LIMITED
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ullesthorpe Pre-School Limited for the year ended 31 August 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of Ullesthorpe Pre-School Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ullesthorpe Pre-School Limited and state those matters that we have agreed to state to the Board of Directors of Ullesthorpe Pre-School Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ullesthorpe Pre-School Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Ullesthorpe Pre-School Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ullesthorpe Pre-School Limited. You consider that Ullesthorpe Pre-School Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Ullesthorpe Pre-School Limited. 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 financial statements.
PWH Accountancy Ltd The Counting House High Street Lutterworth Leicestershire LE17 4AY
28 November 2023
This page does not form part of the statutory financial statements
Page 4
ULLESTHORPE PRE-SCHOOL LIMITED
TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023
| Turnover Fees Fundraising Grants received Cost of sales Purchases GROSS PROFIT Other income Interest Receivable Expenditure Rent Rates and water Insurance Light and heat Wages Social security Pensions Telephone Post and stationery Advertising Computer expenses Repairs and renewals Household and cleaning Training and support Sundry expenses Accountancy Subscriptions Legal fees Finance costs Bank charges Bank loan interest Depreciation Fixtures and fittings Computer equipment NET PROFIT/(LOSS) |
31.8.23 £ 34,002 1,032 69,458 1,850 2,104 783 10,300 61,158 212 1,110 823 256 64 7 - 869 - 269 1,020 1,282 50 (74) 2 540 339 |
£ 104,492 3,191 101,301 - 101,301 82,157 19,144 (72) 19,216 879 18,337 |
31.8.22 £ 19,531 3,735 71,470 63 4,211 - - 72,864 1,192 1,191 864 2,141 168 474 166 891 16 130 990 1,736 50 - - 846 145 |
£ 94,736 13,433 81,303 1 81,304 87,147 (5,843) - (5,843) 991 (6,834) |
|---|---|---|---|---|
This page does not form part of the statutory financial statements
Page 5
ULLESTHORPE PRE-SCHOOL LIMITED
DETAILED BALANCE SHEET FOR THE YEAR ENDED 31 AUGUST 2023
| 31.8.23 | 31.8.22 | |
|---|---|---|
| £ | £ | |
| FIXED ASSETS | ||
| Fixtures and fittings | 1 | 541 |
| Computer equipment | 544 | 293 |
| 545 | 834 | |
| CURRENT ASSETS | ||
| Other debtors | 11,557 | 11,495 |
| Bank account no. 1 | 23,655 | 9,176 |
| Bank account no. 2 | 2,925 | - |
| Bank account no. 3 | 652 | - |
| Bank account no. 4 | 9 | 740 |
| Cash in hand | 293 | 1,324 |
| 39,091 | 22,735 | |
| CREDITORS | ||
| Amounts falling due within one year | ||
| Bank account no. 2 | - | (349) |
| Trade creditors | (1,800) | (899) |
| Social security and other taxes | - | (2,399) |
| Pension | - | (423) |
| (1,800) | (4,070) | |
| NET CURRENT ASSETS | 37,291 | 18,665 |
| TOTAL ASSETS LESS CURRENT | ||
| LIABILITIES | 37,836 | 19,499 |
| NET ASSETS | 37,836 | 19,499 |
| RESERVES | ||
| Retained earnings | 37,836 | 19,499 |
This page does not form part of the statutory financial statements
Page 6