Charfty RegistratTron No. 1116798 Company R istration No. 05817856 (England and Walesl /{ ETnNGTON PRE-SCHOOL LTD FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 111 1710512024 CCWPANIES HCiJSE
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ETTINGTON PRE-SCHOOL LTD CONTENTS Pago Legal and admirmstrative infomiats'on Report of the trustees IndepeTrJenl examinerfs reFQrt ststemenl of finarKial ath"vilies Balan sheet Notes lo the finarKial stslements 8- 11 Inc(wne and expertdrtU aCcnt 12&13
ETTINGTON PREcHOoL LTD LEGAL AND ADMINISTRATIVE INFORMATION Trustees Ms M L Crcwe Ms L J Yeates Ms L Lanoe Mrs L Hollom Mr5 J McGettwan Mrs JP Kendrick (Appnted 20August 20231 Seeretsry Mrs JP Kendrick Charity number 1116798 Company number 05817856 Reglstsred office Churchill Close Etb'ngton Straiford upon Avc Warwickshire CV37 7SP Independent examiner GrineauxAcwJntanls Limrted 20 Market Hill Southam Warwickshire CV47 OHF
ETTINGTON PRE-SCHOOL LTD REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST2023 The trustees present their annu81 reF#J1 and finanual statements for the year ended 31 August 2023. The financial slalements have been prepa in acCOrdae wrth the acccmjnting poliaes sel out in note 1 to the financial slalemenls and compty with the chartty's ArtleS ofAssoa"ation, the Companies Act 2006 a1 "Accourrting and Reporting by Charities." Statement of Recommended Practs"ce applicable lo charrties pParing their accounts in accordance with the Finanoal Repytirvj Standard awirable in the UK and Republ of Ireland IFRS 1021" (effective 1 January 2019)- Objectives and aims To enh¥nce the development and educats.on of chil¢Jren urKler &atutw $th0 age by encouragng wenls to understand and provide for the needs of their thildren through communty groups. The pre-school's main obiective is lo wovide a pr&schod setting for all thilthen in the Ettngton and surroundirvj area lo attend. This enables the chIldn lo ppare themselves for Ihèir progression to primary school. Children of all abilities and backgrounds a encourage(I to attend and all th"r needs are accommodated. 11 the carers of some children have financial constraints then the pre-sthool has the ability lo offer a limited number of free sessions. The trustees have paid due regard to gdance i$$j by the Charity Commission in decKling what activit the charity should undertake. Slgnlflcant a1vItIeS In accordance wlh its 4ibjectives. Ihe Charrty has CinUed to maintain its abilily to offer play facilities and educatic¥) of children, by providing dassrooms- one for the rising fours aThJ arh)ther for the younger thildren. The before and after sthg01 group know as BASE. run by the Pre-sch¢xsl staff al Etty"ngton C ol E Primary School has continued lo be a success in 2023. This provides a much needed servi and in some respects allows Pre school lo be finanaally VIae. BASE has a manager who reports to the Pre-school Manager. The Pr&school continues to benefit from extemal HR support whth has all0Ed Clare, the manager, to update staff ntraels and ensure that we are operats.ng wthin the law. Trustees continue to support the recruitment and stsff retention and piogression. Staff have continued to tiain lo betome Level 3 Practitioners. inwsing the staff with this higher level of child development knoyledge and greater resilience lo Pre-schxA. 11 is hoped that a new 'Holiday Club, manager Can be recruite(l in 2024 to enable Pre-sthool lo provide services during school holidays. A new Iwstee undertakn'ng the role of Secrew has bn rerAYted. Ttw previousty held a trustee position for Ettinglon Pr&S¢thool and ing a wealth of knoe support. Again, as trustees, we thank Clare and the slaff who have conkn.nued lo ¢Jo such a great frob in thallenging circumstances. Feed back from panIS * the AGM, espeually for thildn wth special education negts, made everyone very proud of the team al Ettington Pre-school.
EINGTON pRECHOOL LTD REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2023 Fundraising aetivities Limited fundraising activth.es corrtinued in 2023. The EItiWon Ifilw Hall breaklast meeliThJ donated funds. Money was allocated by the Parish Council to Provide comwter and Flay equiFfftent for children wrth special educational needs. Pre-school staff and parerts wll be running a variety of stalls at the village Halloween Spuoklacular lo raise fund5 and awareness. A Christmas raffle was run by parents Events are planned for 2024 engaging with other fund raising groups wthin the communty. Trustees were able lo refurkn'sh currenl outsKle walkways fc safety improve OU.de klay areas - a musl for child development aThJ a Pre-sch1 requirement. This induded a new shed for storing play equipment as the previous one was no longer fit for purpose. The Interior of the buildiThJ was dewated gNing the rooms a much needed facelrfi. It is hope that the exterior can also be deccrated aThJ any maintenarte carried out. The trustees are currently negotiating a new 10 year lease wrth NVdrryckshire County Counal which should be signed in 2024. Public benefit The Charities Acl 2011 qUI$ Ihat wistered ¢*arilies demonstrate how they sab.sfy the core legal requirement of public benefit. The activities of the charity in wrsuit of ts obj.ect rrntst tenefit the communty or a sufficient section of the community. Flftancial review We aim to maintsin contingency reserves of bets¥een 2 and 3 months operntsonal expenses. in line wtth Preschool Leèming Allian Gusdance. Oelails of transactions and the finanual posrtth of the chanty are set out in Ihe attached ac£ounts. Income from all sources amounted to £232.063. ResrceS expended tolallejj £294,225 leaving nel incoming resouices £19,920. Plans for future periods New trustees have been appointed and rt is hoFed Ihal Ihere TrMII be others wdhin tr communty willing to join in 2024. New slaff have been recruiled during 2023. Pre-scI)cd look foThArd to supporting Ihem with theJ"r career evelopmenl which continues to be a fccus fcrf 2024. TheArticles OlAsSl3110n are being reviewed arrfl updated. Continued maintenanee of the building and drains a structural review planned for 2024. A separate flexible roomlarea to be used for staff doymbme and 1-2-1 diswssicns to support individual children and parents with specific needs is planned as fun¢Js allow. Structure. governance and management The charity 15 a company limited by guarantee and is govemed by Ihe Artides ofAswation. whth were adopted on 16th May 2006. These are in the PresS of being updated.
ETTINGTON PRE-SCHOOL LTD REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 The trustees, who a also the directors for the purpose of company law. arKI seNed durirKJ the year and up to the date of signature of the firtanual ststemenls were.. Ms M L Crowe Mr D R Johnson Ms L J Yeate5 Ms L Lanoe Mrs L Hollom Mrs J McGettigan Mrs JP Kendrick (Resigned 20 August 2023) IAppc4'nled 20Augusl 20231 Recruitment and appointment of new trustees This is being updated so as to make il MO wdcoming to r*w trustees, pa["¢U1arty parents of children al Pre- school. New trustees undergo an orientstion process lo brief them on thetr legal obligations under charity law. the Charitys goveming documents. the committee and decisb)Trmaking processes, the business plan and cent financial perfomance of the Chanty. During the Induction prOs$ they meet key empkjyees and other trustees. Tfuslees are encouraged lo attend appropriate extemal and inlemal training events Nthich will aSst them in carrying out their role. Tiuslees appnted in 2023 atterd the pre-schoot, familiarisirKJ themsdves with the aff and the buildings. Inductlon and training of new trustees New trustees undergo an orientation process lo brief them on their legal obligations under charity law, the Charity's goveming documents, the commrttee and decisiofvmaking prctesses. the t51nesS Pl and recent finarla1 performance of the Charity. During the induction ProS$ they meet key employees and other trustees. Trustees are encouraged to atteTrJ appropriate extemal arKI intema training evenls wfvch will assrst them in carying out their role. Supplier payment policy The company's current policy corIng the payment of trade csedrtors is to fdlow the CBI'S Pronipt Payers Code (copies are avai10ble from Ihe CBI. Cenlre Pnt. 103 New Oxflyd StreeL Lon(1 WC1A 1DUI. The company's current policy eonceTning the payment of trade ue(lilors ts to.. settle the tems of payment wlh suWiers when agreeing the terms ol each transaction." ensure that suppliers are made aware of the lemis of payment ty inclusion of the relevant temis in contracts.. and pay fft accordance with the company's conlrxlual and other legal obligations. The report was apwoved by the Board of Trustees. J MeGettigan Trustee 29 April 2024
ETTINGTON PRE-SCHOOL LTD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ETTINGTON PRE-SCHOOL LTD I report lo the Injstees on my examinaticm of the financial sLements of Ettiryton Pr&Sch¢)ol Ltd for the year ended 31 August 2023. Responslbllltles and basls of teport As the charity trustees of the Company (and also its dIreCtS for the purFoses of company lawl you are responsiblg for the preparation of the financial ststements in awdance with the requirements of the Companies Act 2006 Ilhe 2006 Acti. Having satisfied myself that the finanual statements of the charity are not required to be audrted under Part 16 of the 2006 Act and are eligible for indeFendenl examination. I reFNt in respèct of my examinakn.tsn of the charity's financial statements carried out undef section 145 of the Charities Act 2011 {the 2011 Act). In carrying out my examinats'on I have folled all the applicable direclilxis given by the Charity CommissK)n undef section 14515llbl of the 2011 Act. Independent examlnerfs Statement Since the charity's gr¢)ss income exceeded £250.( your examiner must t a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualffied to undertake the examinatj.on because l am a memtrw of ACA, which is one of Ihe lisled IxyJies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause lo believe that in any material resFeCt". accounting records We not kept in respect of the eharity as rewired by secb.on 386 of the 2006 Acl.. or the financial stalements do not accord with those cordS.. or the financwl StaterrltS do not comFAy with the accounting requirements of section 396 of the 2006 Act other than any requirement that the acc(yJnls gNe a true and fair view whKh is not a matter consi(Jered as part of an independent examination. or the financial statements have not been wep¥ed in aCCordare vith the methods and principles of the Statement of Recommended Practrce for accourn9 and reForting by tharrties applicable to charities preparing their accounts in ac£ordance wrth Finanual Reporting Stsndard applicable in the UK aTrJ Republic of Irela1 IFRS 102}. I have no ConM5 and have come across rKJ other matters in conneclion with the eXaminatic to whith attenlic should be drawn in reFort in order to enabte a woper understsnding of ts financbal statements to be reached. Jame$ Freernan FCA Grineaux Accountants Umlted 20 Market Hill Soulham Warwckshire CV47 OHF 29 April 2024
ErriNGTON PRE-SCHOOL LTD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023 Unrestrlcted Restricted funds funds 2023 2023 Total Unrestricted Restricted lunds funds 2022 2022 Total 2023 2022 Donations and legac Fees Investments 82,788 231.086 271 82,788 231,086 271 97,685 174.646 13 97.685 174.646 13 Total intome 314.145 314.145 272.344 272,344 Raising funds 1.473 1.473 1,510 1,510 Charitable adivities 292,453 299 292.752 251.425 352 251,777 Total expendlture 292.453 1.772 294.225 251.425 1,862 253,287 Nfrt incomellexpendbture) for the yearl Net movement in funds 21,692 {1,772) 19,920 20,919 (1,8621 19,057 Fund balances at 1 Seplemter 2022 105.173 68.056 173,229 84,254 69,918 154,172 Fund balances at 31 August 2023 126.865 66.284 193.149 105,173 68.056 173,229 statement of finanaal athvities includes all gain$ aTrJ losses recognised in the year. All income aThJ expenditure dellve from conlinuing activities. The slalemenl of finanual aelivities also C¢vnIeS requirwnenls an irKome and expenditure account under the CompaniesAct 2006.
ETTINGTON PRE-SCHOOL LTD BALANCE SHEET ASAT31AUGUST2023 2023 2022 Fixed assets Tangible assets 122,068 120.034 Current a$$ots Debtors Cash at bank arKI in hand 8.708 70,141 12,918 47,343 78.849 60,261 Creditots: amounts falllng due within one year 17.768) (7,066) Nel eurrenl assets 71,081 53.195 Total •ssets less current liabilities 193,149 173,229 Income funds Restrieted funds Unrestricted furKls- general 10 11 66.284 126.865 68,056 105,173 193.149 173.229 The charitable company is entitled to ts exemption from aK*I requirement conl•ne(l in section 477 of the CompaniesAci 2006. for the year erKled 31 August 2023. The members have not required the company to oblain an audit of its financial statements for the year in queslK)n in accordance with seth.on 476. These finanaal statements have been popared in aeeordance 7hryifi the pr¢)visi¢)ns appiCable lo charitsble ¢ompanies Si.eCt to the small chairtaue c¢%npanies regime. The fina lemenls were apwoved by tr¢e Trustees on 29Awl 2024 L Holtom Trustee Company Reglstratlon No. 05817856
ErriNGTON PRE-SCHOOL LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 Accounting policies Charity infomiation Ettinglon Pre-school Ltd is a private company limrted by guarantee incorporated in England and Wales. The registered office is Churchill Close. Ettington, Stratt(Yd upon Avon, WaThickshire, CV37 7SP. 1.1 AccountSng convenllon The financial statements have teen prepared in x0rdare with the charivs 19)veming documentl. the Companies Act 2006, FRS 102 The Financial Reporting Stsndard applicatAe in the UK and Republic of Ire18r, I"FRS 102.1 and the Charities SORP 'Accounting arKJ Report1j by Charrties.. Ststemenl ol Recommended practi applicable lo chanties paring their accounts in 8c£ordance with the Financial Reporting Standard applicable in t UK and Republic of IrelaThJ IFRS 102)" {effeclive l January 2019). The charity is a Public Benefit Ents'ty as defined by FRS 102. The charity has taken ad¥e of Ihe in the SORP for cknarrts.es not to prepare a Stst8nenl of Cash Flows. fInCIal statements are yepared in stsding. wthich is fvrLonal currency of the chanty. Pknetary amounts in these financial statements a rounded to the rarest £. The finanei81 statements have been prepa urthr Ihe historical cost convenlion. Imodffied to include the fevaluation of freehold properties and to include investment PTopertie5 and rtain finarrial instsLunents al fair valuel. The principal accounbng policies adopted are sel oui below. 1.2 Going concem At the lime of approving Ihe financial ststemenls, the tru$tee$ have a reaSonae expectsts'on that the thanty has adequate resources to ntIn in operabonal existen for the foreseeable future. Thus trtee$ continue to adopt the going corKem basis of accountr.ng in preparing the finaal statements. 1.3 Charltsble funds Unre5tTiGted fvnds are available for use at the disuelion of the trustees in ffiytrran of their thartsble objectives. 1.4 Income Income is recogr#sed when the charity is legally enbtled lo il after any perlOrnia condib.ons have been mel. the amounts can be measured rellay. and rt is probable that incon wll be received. Cash donations are recognised on receipt. Other donat$ ¥e reeognised once the eharrty has been notified of the don'on, unless perfance condth"cffl5 require deferral of the amount. Income tsx reVerable in relation to donations received under GIft"d or deeds of covenant is recognised al the time of the donation. 1.5 Expendlture Expenditure is reCogrSed cmce there is a legal or constructive obligatn to transfer e(0M1¢ benefil to a third party, it is probable that a transfer of ecOrmie benefits wll be required in selyement, and amount of the obligation can be measured reliaUy.
ETTINGTON PRE-SCHOOL LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2023 Atcounfjng policies Icontlnuedl 1.6 Tangible fixed assets Tangible fixed assets are initially measufed at cost subsequently measured al eosl or valuation, nel ol depreciation and any impairment kjsses. Depreuation is reeognised so as to TIle off the cost or valuats)n of assets less their residual values over theiT useful lives on the fdlowng bases-. Leasehold land and buildings Improvements lo property Fixtures. fittings and equiwent No deprectkn"M provided 2.5% reducing balance 15% r&JLKang balance The gain or loss arising on Ihe disposal of an asset is detem)ined as the difference ben the $ale proceeds and the wrying value of asset, and is recognised in the statement of financial activities. 1.7 Cash and cash equivalents Cash a1 cash equivalents indude cash in harKI. deposits hekj * call wth banks. other short-lerm IKJuid investments with original maturities of fvee months or $s. and bank overdrafts. Bank overdfafts are shown within borrowings in current liabilities. Fees Unrestricted Unrestricted funds funds gèneral general 2023 2022 Fees Fundraising events 223.808 7.278 172,304 2.342 Fees 231,086 174,646 Investments Uftrestrlcted Unrestricted funds funds general general 2023 2022 Investmenl income 271 13 Net movement in funds 2023 2022 Net movement in funds is ststed after chargnty{uedth"ng) Deprec110 of owned tangible fixed assets 5.595 5,013
ETTINGTON PRE-SCHOOL LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 Trustees There We no trustees, remurralion or other beneffts fty the year ended 31st ALb3USt 2023 nor for the year ended 31stAuwst 2022. Trustees. expenses There were no trustees, expenses paid ts the year ended 31st August 2023 nor for the year ended 31$1 August 2022. Employees The average monthly number of employees during tr year vras.. 2023 Numb•r 2022 Numb•r 20 17 Employment costs 2023 2022 èges and salaries Social security costs 011)er pension costs 230,455 3,461 2.287 200,634 3,046 1,678 236,203 205,758 There were no emoYeeS whose annual remuneration was MO than £60.000. Tangible Ilxed assets L•whobd Improvement9 Fixtures. land and to property fftbngs and equiwÈrrt Total Cosl Al 1 September 2022 Addition5 41.281 86.670 70,605 7.629 198.556 7,629 Al 31 August 2023 41,281 86,670 78.234 206,185 Oepfeclatlon and lrnpalrment At 1 September 2022 Depreoation charged in the year 27.766 1.473 50,756 4,122 78.522 5.595 At 31 August 2023 29.239 54.878 84.117 Carrylng amount Al 31 August 2023 41.281 57,431 23.356 122,068 Al 31 August 2022 41.281 58,904 19.849 120,034 10-
ETTINGTON PREcHOoL LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 Debtors 2023 2022 Amounts falling due wlthln one year. Other debtors Prepayments and &CTued irtome 8.084 624 12,307 611 8,708 12,918 Croditors: amounts falllng due wlthln one year 2023 2022 other lax31i¢)n and swial security Trade credilois other credrtors Accruals and deferred income 1.797 4.051 1,305 3,530 611 1,620 1.920 7.768 7.066 10 Restrlcted funds The income funds of the charrty indude restricted furKls comrrring the fdl¢Jving unexpended balan$ of ¢)nations and grants held trust sFeoffic Wfposes.. Bo1on¢e at 1 Seo¢mber 2021 Re50urce5 Balance ai e¥penthd 1 Sepiemb¢r 2022 R¢scurces expended Boronce ot 31 August 2023 Restricted funds 69.918 (1.8621 68.056 {1,7721 66,284 11 Unrestricted funds - designated These are unrestricted funds which are m8ten"a to the &ttvrtie$ m&Ye up as fc4lows". Balanc• at Incomlng Re8ww Balatte at IOming R•50urces 1 September resources expended 1 Seoember SoUrCeS 8xp•nd•d Balanco at 31 Au9USt 2023 2021 2022 General funds 84,254 272,344 (251,4251 105.173 314.145 1292.453) 126,865 11
ErriNGTON PRE-SCHOOL LTD INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023 2023 2022 JNCOME AND ENDOWMENTS Donations and l•gacios Fundraising Donatior Fees 7.278 977 2.342 144 172.304 223. 232.LYJ3 174.790 Investmont in¢ome Investment incom• 271 13 Charltsbl• aetiviti•s Grants 81,811 97.541 81.811 97.541 Total Incomlng resources 314.145 272,344 RESOURCES EXPENDED Choritsble •ct•vities Staff salarS Social serity Pensions 230,455 3.461 2,287 2.755 1,859 1.773 200.834 3,046 1,878 2,046 1,632 1,547 146 Rates and water Insurance Light and hèat Postage and stationery Advertising Milk and provis$ Sundnes Repairs, maintenance and deanin9 Equprnenl and loys 7.226 5,138 5.541 5,818 919 1,591 2,519 7.754 194 10.842 2.450 Training Hi ol venue and rtt Toddlers 7,498 292 Educational payThents O(rtings Improvements to property Fixtures and fittings 297 230 495 1.473 4,122 1.510 3,503 287.787 246.183 This page does not fomi part of the statutory finwcial ststemtrnts -12-
EThINGTON PRE-SCHOOL LTD INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023 2023 2022 Support costs Fin•n¢e Bank charges and interesl Gov•rnanee eosts lThJependenl exanNnefs fee Accountanls fees Bookkeeping and payroll 1.920 4.518 1.620 6.438 7.104 Tolal resources 0xnded 294.225 253.267 Ntt income 19.920 19.057 This pagè does fcKm part ofthè staiuiory financial stsiements 13-