Charity number: 1113870 Company number: 05701213 (England and Wales)
Pewsham Pre-School Limited
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 August 2020
Pewsham Pre-School Limited Contents Page For the year ended 31 August 2020
| Report of the Trustees | 1 to 2 |
|---|---|
| Independent Examiner's Report to the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 10 |
| Detailed Statement of Financial Activities | 11 |
Pewsham Pre-School Limited Report of the Trustees For the year ended 31 August 2020
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 August 2020. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2015).
OBJECTIVES AND ACTIVITIES
Objectives and aims
When considering the aims of the charity, the trustees have had regard to the guidance issued by the Charities Commission on public benefit. The aim of the company is to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by: a) Offering appropriate play 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, means or ability
b) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas
c) Instigating and adhering to and furthering the aim of the Pre-school Learning Alliance
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
ACHIEVEMENTS AND PERFORMANCE
During the year the charity continued to provide development and education to children aged two and a half years to statutory school age in the Chippenham area.
FINANCIAL REVIEW
Reserves
It is the aim of the trustees to maintain funds at a level that equates to, at least, approximately six months' expenditure and an allowance to cover staff statutory redundancy payments. This provides sufficient funds to cover staffing, administration and support costs.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The company is a charitable company, limited by guarantee, as defined by the Companies Act 2006. The charity number is 1113870. It is governed by a memorandum and articles of association.
Recruitment and appointment of trustees
Trustees are appointed at the Annual General Meeting in November every year. Parents are invited to stand as trustees. New trustees are given handouts detailing their duties and responsibilities. All new trustees are Disclosure and Barring Service checked and OFSTED approved prior to commencing their duties.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Pewsham Pre-School Limited Charity registration number 1113870 Company registration number 05701213 Principal address Kings Lodge School Grounds Lodge Road Chippenham Wiltshire SN15 3SY
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Pewsham Pre-School Limited Report of the Trustees Continued For the year ended 31 August 2020
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Mrs V Caluban Mrs K Dixon Mrs N Giddings Ms D Mellor Ms C Newson Mr P Newson Mrs J Penrose Mrs L Smith
Boffix & Co Ltd Independent examiners St Albans Tower, Wood Street, London, EC2V 7AF
Approved by the Board of Trustees and signed on its behalf by
............................................................................. Mr P Newson
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Pewsham Pre-School Limited
Independent Examiners Report to the Trustees For the year ended 31 August 2020
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 August 2020.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiners statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
A Patrick ACA Boffix & Co Ltd St Albans Tower Wood Street London EC2V 7AF
18 May 2021
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Pewsham Pre-School Limited Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 August 2020
| Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Other trading activities 4 Investments 5 Total Expenditure on: Raising funds 6 Charitable activities 7 Total Net income Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ - 100,987 1,136 15 102,138 (383) (92,961) (93,344) 8,794 117,915 126,709 |
2019 £ - 86,842 2,041 133 |
|---|---|---|
| 89,016 | ||
| (603) (81,476) |
||
| (82,079) | ||
| 6,937 110,978 |
||
| 117,915 |
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Registered 05701213 Number :
Pewsham Pre-School Limited Statement
of Financial Position As at 31 August
2020
| Notes Fixed assets Tangible assets 13 Current assets Stocks 14 Debtors 15 Cash at bank and in hand Creditors: amounts falling due within one year 16 Net current assets Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds 17 Total funds For the year ended 31 August 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
2020 £ 6,965 6,965 1,288 - 120,002 121,290 (1,546) 119,744 ~~126,709~~ 126,709 126,709 ~~126,709~~ |
2019 £ 7,036 |
|---|---|---|
| 7,036 | ||
| 1,288 846 110,091 |
||
| 112,225 | ||
| (1,346) 110,879 |
||
| 117,915 | ||
| 117,915 | ||
| 117,915 | ||
| 117,915 | ||
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance
-
with section 476,
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The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statement were approved and authorised for issue by the Board and signed on its behalf by:
Mr P Newson Trustee
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Pewsham Pre-School Limited Notes to the Financial Statements For the year ended 31 August 2020
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Pewsham Pre-School Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
2. Income from donations and legacies
| Donations received ncome from charitable activities Unrestricted funds To provide preschool education to children primarily under statutory school age Pre School Fees from Parents Pre School Fees from Wiltshire Council ncome earned from other activities Unrestricted funds Fund raising events |
2020 £ - - 2020 £ 8,315 92,671 100,987 100,987 2020 £ 1,136 1,136 |
2019 £ - - 2019 £ 5,259 81,583 86,842 86,842 2019 £ 2,041 2,041 |
|---|---|---|
3. Income from charitable activities
4. Income earned from other activities
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Pewsham Pre-School Limited Notes to the Financial Statements Continued For the year ended 31 August 2020
5. Investment income
| Unrestricted funds Bank interest receivable 6. Expenditure on other trading activities Unrestricted funds Fund raising events 7. Costs of charitable activities by fund type Unrestricted funds To provide preschool education to children primarily under statutory school age Support costs |
2020 £ 15 15 2020 £ 383 383 2020 £ 75,240 18,104 93,344 |
2019 £ 133 |
|---|---|---|
| 133 | ||
| 2019 £ 603 |
||
| 603 | ||
| 2019 £ 68,992 12,484 |
||
| 81,476 |
9. Analysis of support costs
Governance costs
| 2020 | 2019 |
|---|---|
| £ | £ |
| 18,104 | 12,484 |
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Pewsham Pre-School Limited Notes to the Financial Statements Continued For the year ended 31 August 2020
10. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| 2020 | 2019 | |
|---|---|---|
| £ | £ | |
| Depreciation of owned fixed assets | 2,585 | 2,429 |
| Accountancy fees | 1,728 | 1,908 |
| Staff pension contributions | 1,402 | 541 |
11. Staff costs and emoluments
Total staff costs for the year ended 31 August 2020 were:
| Salaries and wages Pension costs |
2020 £ 70,815 1,402 72,217 |
2019 £ 64,940 541 |
|---|---|---|
| 72,258 |
12. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activities are for unrestricted funds.
13. Tangible fixed assets
| Cost or valuation At 01 September 2019 Additions At 31 August 2020 Depreciation At 01 September 2019 Charge for year At 31 August 2020 Net book values At 31 August 2020 At 31 August 2019 |
Improvement s to property £ 37,9522 - 37,952 32,911 1,680 34,591 3,361 5,041 |
Plant & Machinery £ 821 - 821 454 205 659 162 367 |
Fixtures and Fittings £ 8,926 2,514 11,440 7,298 700 7,998 3,442 1,628 |
Total £ 47,699 2,514 |
|---|---|---|---|---|
| 50,213 | ||||
| 40,663 2,585 |
||||
| 43,248 | ||||
| 6,965 | ||||
| 7.037 |
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Pewsham Pre-School Limited Notes to the Financial Statements Continued For the year ended 31 August 2020
14. Stocks and work in progress
| Stock Debtors Amounts due within one year: Prepayments and accrued income Creditors: amounts falling due within one year Trade creditors Other creditors Accruals and deferred income |
2020 £ 1,288 1,288 2020 £ - - 2020 £ 522 754 270 1,546 |
2019 £ 1,288 |
|---|---|---|
| 1,288 | ||
| 2019 £ 846 |
||
| 846 | ||
| 2019 £ - 218 1,128 |
||
| 1,346 |
15. Debtors
16. Creditors: amounts falling due within one year
17. Movement in funds
Unrestricted Funds
| General General Unrestricted Funds - Previous year General General |
Balance at 01/09/2019 £ 117,915 117,915 Balance at 01/09/2018 £ 110,978 110,978 |
Incoming resources £ 102,138 102,138 Incoming resources £ 89,016 89,016 |
Outgoing resources £ (93,344) (93,344) Outgoing resources £ (82,079) (82,079) |
Balance at 31/08/2020 £ 126,729 |
|---|---|---|---|---|
| 126,729 | ||||
| Balance at 31/08/2019 £ 117,915 |
||||
| 117,915 |
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Pewsham Pre-School Limited Notes to the Financial Statements Continued For the year ended 31 August 2020
Purpose of unrestricted Funds
General
To provide pre-school education to children primarily below statutory school age
18. Analysis of net assets between funds
| Tangible | Net current | Net Assets | |
|---|---|---|---|
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General | 6,985 | 119,744 | 126,729 |
| 6,985 | 119,744 | 126,729 | |
| Previous year | |||
| Tangible | Net current | Net Assets | |
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General | 7,036 | 110,879 | 117,915 |
| 7,036 | 110,879 | 117,915 |
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Pewsham Pre-School Limited Detailed Statement of Financial Activities For the year ended 31 August 2020
| INCOME AND ENDOWMENT Donations and legacies Donations Charitable activities Pre School Fees from Parents Pre School Fees from Wiltshire Council Other trading activities Fund raising events Investments Bank interest receivable Other operating income Government Grants - Furlough Total incoming resources EXPENDITURE Other trading activities Fund raising events Charitable activities Cost of direct charitable activity Staff costs - wages & salaries Staff costs - pension contributions Training SUPPORT COSTS Governance costs Accountancy fees Professional & Legal fees Premises costs Depreciation of owned assets Insurance Motor and travel expenses Other office costs Total resources expended Net Income |
2020 £ - - 8,315 92,671 100,987 1,135 1,135 15 15 960 960 103,097 (384) (384) (2,670) (70,815) (1,402) (352) (75,240) (1,728) (273) (9,309) (2,585) (2,050) (-) (2,719) (18,664) (94,288) 8,794 |
2019 £ - - 5,259 81,583 86,842 2,041 2,041 133 133 133 133 89,016 (603) (603) (2,572) (64,940) (541) (939) (68,992) (1,908) (612) (4,613) (2,429) (-) (90) (2,832) (12,484) (82,079) 6,937 |
|---|---|---|
11 of 11 This page does not form part of the statutory financial statements