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 1 of 11 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 2 of 11 ## 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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. 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 4. 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 3 of 11 ## 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**| 4 of 11 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**| |||| - The members have not required the company to obtain an audit of its accounts for the year in question in accordance - with section 476, - 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 5 of 11 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** 6 of 11 ## 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| 7 of 11 ## 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**| 8 of 11 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**| 9 of 11 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**| 10 of 11 ## 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