REGISTERED COMPANY NUMBER: 06051213 (England and Wales) REGISTERED CHARITY NUMBER: 1148154
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023
FOR
STOCKS GREEN PRE-SCHOOL
STOCKS GREEN PRE-SCHOOL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023
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Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 13
Detailed Statement of Financial Activities 14 to 15
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STOCKS GREEN PRE-SCHOOL (REGISTERED NUMBER: 06051213) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st August 2023. 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and activities
The company's objectives are to advance the education of children below compulsory school age by providing safe and satisfying group play in which parents have the right to take part, encouraging other charitable activities through which parents may help the children and furthering the aims of the Pre-school Learning Alliance.
The company's activities in relation to these objectives are to provide accommodation, equipment and staff; raise money to pay for the company's activities; make such payments as shall be necessary; fix and collect fees payable in respect of children attending groups run by the company; control admission of children to sessions and if appropriate require parents to withdraw them and to be a member of the Pre-school Learning Alliance.
Public benefit
The trustees consider that the charity is a public benefit entity. They have complied with the duty in section 17 (5) of the 2011 Charities Act to have due regard to the Charities Commission's guidance on Public Benefit when developing and implementing the charity's objects and aims. (See Objectives and Activities above).
ACHIEVEMENT AND PERFORMANCE
There was a deficit for the year amounting to £10,905 (2022: deficit of £13,373) which has directly impacted the General Fund. During the year, donations of £6,008 were received (2022: £4,402). Due to the deficit in the current year, the trustees continue to recognise the need for ongoing funding and fundraising activities.
Several fixed assets have come to the end of their estimated useful life and are now shown in the financial statements as fully depreciated. The trustees will ensure that these remain fit for purpose or will otherwise invest in replacements for these assets. Investment has been made in improvements to property in the year to ensure the charity remains best able to cater to the needs of both its own staff and the children in its care. The trustees remain committed to improving the quality of pre-schoo] education the charity provides and will continue to make any necessary investments of the charity's resources in order to achieve this.
The charity is dependent on parents in the community choosing to bring their children for pre-school education, and as such the trustees consider it of vital importance to retain a strong reputation anda close relationship with the community it serves.
While a deficit was experienced in the current year which is not within the aims of the charity's reserves policy, the charity will continue to invest in its future activities and believe they will be receiving the benefit of such past investments in the future.
FINANCIAL REVIEW
Principal funding sources and expenditure
The company's principal sources of income are government funding, fees from parents and fundraising in the local community. The main purposes of expenditure in the year was to cover staff salaries and training, for building maintenance, and for other operating costs. These costs are directly attributable to the pre-schools operations.
Page 1
STOCKS GREEN PRE-SCHOOL (REGISTERED NUMBER: 06051213) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2023 eeeee ee FINANCIAL REVIEW
Reserves policy
The charity seeks to hold sufficient unrestricted reserves to protect against the effects of any unforeseen variations in its income streams as part of a policy of good financial management practice. The charity also intends to eventually replace the pre-school building and has a Building Replacement Fund to this end. Currently charity holds unrestricted reserves totalling £89,958 (2022: £100,863) and expects this to increase in future periods to levels sufficient for the charity to achieve its aforementioned intentions.
The charity's reserves policy is to hold 3 months of operating expenditure as well as additional funds for small repairs jobs or redundancies. For the year-ended 31st August 2023 this equates to approximately £40,000. Along with this the charity also holds funds for the building replacement which stands at £40,000. This brings total expected reserves to around £80,000,
The level of free reserves, being general funds less the net book value of fixed assets amounts to £81,939 (2022: £90,567). The charity's actual reserves are therefore in line with the reserve policy.
The trustees meet to discuss financial information once per pre-school term, so meet a total of six times during the course of the financial year.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Organisational structure
The day-to-day running of the school is managed by Amelia Bean, assisted by the school staff and by an elected committee of parents. The appointed directors take into consideration the guidance from the Charity Commission about public benefit and what charity directors should consider in order to show that their charity's aims are for the public benefit.
New directors are invited to their position by asking current parents of children at the pre-school to volunteer to take on a role when a role becomes available. If appropriate, a new director gets a consultation with the existing committee at the time of their appointment. New directors are made aware of their responsibilities, administrative procedures and the objectives of the charity.
The directors have assessed the major risks to which the company is exposed and consider that there are sufficient safeguards in place to mitigate those risks.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees have ensured that such controls are in place, and consider that the charity has minimal exposure to price risk, credit risk, liquidity risk and cash flow risk.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 06051213 (England and Wales)
Registered Charity number
1118154
Page 2
STOCKS GREEN PRE-SCHOOL (REGISTERED NUMBER: 06051213)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2023
Registered office Leigh Road Hildenborough Tonbridge Kent TNI11 9AE
Trustees
Emma Wheeler (resigned 20.11.22) Charlotte Sinclair (resigned 14.9.23) Anna Homewood (resigned 20.11.22) Hannah Hewish (resigned 1.9.22) Georgiana Cooper (resigned 20.11.22) Emily Cosgrove Erin Florendine (resigned 14.9.23) Elizabeth Ann Griffin Rachel Hail Charlotte Louise Ovenell Neil Haggart (appointed 7.9.23)
Independent Examiner Hilden Park Accountants Limited Hilden Park House 79 Tonbridge Road Hildenborough Tonbridge Kent TN11 9BH
Bankers
NatWest Bank ple High Street Tonbridge Kent TN9 1DE
This report has been prepared in accordance with the special provisions ofPart 15 of the Companies Act 2006 relating Approvedto small companies,by order ofthe board oftrustees onoslelO4 and signed on its behalf by:
Rachel Hall - Trustee
Dore 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STOCKS GREEN PRE-SCHOOL (REGISTERED NUMBER: 06051213)
Independent examiner's report to the trustees of Stocks Green Pre-School (‘the Company’)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2023.
Responsibilities 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 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 as_ 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 examiner's 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:
-
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
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the accounts do not comply with the accounting 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.
Paul Chewter FCA
Hilden Park Accountants Limited Hilden Park House
79 Tonbridge Road Hildenborough Tonbridge Kent TN11 9BH
Page 4
STOCKS GREEN PRE-SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2023
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||||||
|---|---|---|---|---|
|2023|2022|
|Unrestricted|Total|
|funds|funds|
|Notes|£|£|
|INCOME AND|ENDOWMENTS|FROM|
|Donations|and|legacies|6,008|4,402|
|Charitable|activities|5|
|Pre-School|84,001|90,666|
|Other trading|activities|3|1,877|2,775|
|Investment income|4|624|33|
|Total|92,510|97,876|
|EXPENDITURE|ON|
|Raising|funds|334|177|
|Charitable|activities|6|
|Pre-School|103,509|111,072|
|Total|103,843|111,249|
|NET INCOME/(EXPENDITURE)|(11,333)|(13,373)|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought forward|100,863|114,236|
|TOTAL FUNDS CARRIED|FORWARD|89,530|100,863|
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CONTINUING OPERATIONS
All incoming resources and resources expended arise from continuing activities and there are no gains or losses other than those shown above.
The notes form part of these financial statements
Page 5
STOCKS GREEN PRE-SCHOOL (REGISTERED NUMBER: 06051213)
BALANCE SHEET
31ST AUGUST 2023
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|||||
|---|---|---|---|
|2023|2022|
|Unrestricted|Total|
|fands|funds|
|Notes|£|E|
|FIXED ASSETS|
|Tangible assets|11|7,591|9,927|
|CURRENT ASSETS|
|Cash at bank and in hand|83,444|92,929|
|CREDITORS|
|Amounts falling due within one year|12|(1,505)|(1,993)|
|NET CURRENT ASSETS|81,939|90,936|
|TOTAL ASSETS LESS CURRENT|
|LIABILITIES|89,530|100,863|
|NET|ASSETS|89,530|100,863|
|FUNDS|13|
|Unrestricted funds|89,530|100,863|
|TOTAL FUNDS|89,530|100,863|
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) emsuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) _—s preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of theCompanies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. bisof Geof jalDa aerenneneesstatements ndwere Were Signedapproved on its bybehalfthe by: Board of Trustees and authorised for issue on
The notes form part of these financial statements
STOCKS GREEN PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023
a———=*#E
1. STATUTORY INFORMATION
Stocks Green Pre-School constitutes a charitable company, limited by guarantee, registered in England and Wales. The company's registered number, registered charity number and registered office address can be found in the Report of the Trustees.
2: ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared 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 2019), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are presented in pounds sterling and rounded to the nearest pound.
Stocks Green Pre-School meets the definition of a public benefit entity under FRS 102.
There is no material uncertainty regarding going concern as at either the balance sheet date or the signing date of the financial statements.
Income
Income from donations and grants, is included in income when the charity is entitled to the funds, the receipt is probable, and the amount can be measured reliably. For donations, this is usually on receipt. For grants, this is usually when a formal offer letter is made in writing, unless the grant contacts terms and conditions outside of the charity's control which must be met before the charity is entitled to the funds. Where such conditions exist, the income is deferred until those periods.
Income from charitable activities relates to the pre-school fees and are recognised over the period to which they relate.
Income from other trading activities is recognised in the period in which it is receivable.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category.
The charity has one charitable activity (provision of pre-school services) to which direct and support costs are allocated.
Support costs are those functions that assist the work of the charity but do not directly relate to the charitable activity, and include governance costs.
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulations and good practice.
Tangible fixed assets
Individual fixed assets costing £1,000 or more are capitalised at cost. Assets are regularly reviewed for impairment and any impairment losses are included with the annual charge for depreciation in the year the impairment is identified.
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STOCKS GREEN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST AUGUST 2023 ai ee 2. ACCOUNTING POLICIES - continued
Tangible fixed assets
Tangible assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Freehold property Straight line over 20 years Improvements to property Straight line over 5 years
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are set aside by the Council of Management out of unrestricted general funds for spccific future purposes. Reallocation of money between unrestricted funds requires the agreement of a majority of the trustees.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Capital grants
Capital grants are taken to a designated fund on receipt and released to the general fund over the useful life of the asset concemed of 5 years, commencing when the asset is first put into use.
3% OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIESTRADING ACTIVITIESACTIVITIES | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Fundraising activities | 1,290 | 1,666 |
| Other income | 587 | 1,109 |
| 1,877 | 2,775 |
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STOCKS GREEN PRE-SCHOOL
NOTESFOR THETO YEAR THE FINANCIAL ENDED 31STSTATEMENTS AUGUST 2023continued
| NOTESFOR THETO YEAR THE FINANCIAL ENDED TO YEAR THE FINANCIAL ENDEDTHE FINANCIAL ENDEDFINANCIAL ENDED STATEMENTS AUGUST- continued FOR THETO YEAR THE FINANCIAL ENDEDTHETO YEAR THE FINANCIAL ENDEDYEAR THE FINANCIAL ENDEDENDED 31STSTATEMENTS AUGUSTAUGUST 2023- |
NOTESFOR THETO YEAR THE FINANCIAL ENDED TO YEAR THE FINANCIAL ENDEDTHE FINANCIAL ENDEDFINANCIAL ENDED STATEMENTS AUGUST- continued FOR THETO YEAR THE FINANCIAL ENDEDTHETO YEAR THE FINANCIAL ENDEDYEAR THE FINANCIAL ENDEDENDED 31STSTATEMENTS AUGUSTAUGUST 2023- |
NOTESFOR THETO YEAR THE FINANCIAL ENDED TO YEAR THE FINANCIAL ENDEDTHE FINANCIAL ENDEDFINANCIAL ENDED STATEMENTS AUGUST- continued FOR THETO YEAR THE FINANCIAL ENDEDTHETO YEAR THE FINANCIAL ENDEDYEAR THE FINANCIAL ENDEDENDED 31STSTATEMENTS AUGUSTAUGUST 2023- |
NOTESFOR THETO YEAR THE FINANCIAL ENDED TO YEAR THE FINANCIAL ENDEDTHE FINANCIAL ENDEDFINANCIAL ENDED STATEMENTS AUGUST- continued FOR THETO YEAR THE FINANCIAL ENDEDTHETO YEAR THE FINANCIAL ENDEDYEAR THE FINANCIAL ENDEDENDED 31STSTATEMENTS AUGUSTAUGUST 2023- |
NOTESFOR THETO YEAR THE FINANCIAL ENDED TO YEAR THE FINANCIAL ENDEDTHE FINANCIAL ENDEDFINANCIAL ENDED STATEMENTS AUGUST- continued FOR THETO YEAR THE FINANCIAL ENDEDTHETO YEAR THE FINANCIAL ENDEDYEAR THE FINANCIAL ENDEDENDED 31STSTATEMENTS AUGUSTAUGUST 2023- |
|---|---|---|---|---|
| eee eee |
||||
| 4, | INVESTMENTINCOME | |||
| 2023 | 2022 | |||
| £ | if | |||
| Deposit account interest | 624 | 33 | ||
| 5. | INCOMEFROM CHARITABLE ACTIVITIES | |||
| 2023 | 2022 | |||
| Activity | £ | £ | ||
| Vouchers& government | ||||
| funding | Pre-School | 52,883 | 57,072 | |
| Fees& deposits | Pre-School | 31,118 | 33,594 | |
| 84,001 | 90,666 | |||
| Grants received, included in the above, are as follows: | ||||
| 2023 | 2022 | |||
| £ | £ | |||
| Other grants | 52,883 | 57,072 | ||
| 6. | CHARITABLE ACTIVITIES COSTS | |||
| Support | ||||
| Direct | costs (see | |||
| Costs | note 7) | Totals | ||
| £ | £ | £ | ||
| Pre-School | 87,604 | 15,905 | 103,509 | |
| Ts | SUPPORT COSTS | |||
| Governance | ||||
| Management | costs | Totals | ||
| £ | £ | £ | ||
| Pre-School | 13,237 | 2,668 | 15,905 | |
| Support costs, included in the above, are as follows: | ||||
| 2023 | 2022 | |||
| Total | ||||
| Pre-School | activities | |||
| £ | £ | |||
| Utilities | 2,052 | 2,341 | ||
| Building maintenance | 4,872 | 7,676 | ||
| Other costs | 3,977 | 5,344 | ||
| Depreciation oftangible and heritage assets | 2,336 | 3,005 | ||
| Accountancy fees | 1,020 | 1,020 | ||
| Governance costs | 1,648 | 1,917 | ||
| 15,905 | 21,303 |
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STOCKS GREEN PRE-SCHOOL
NOTESFOR THE TO YEAR THE ENDEDFINANCIAL 31STSTATEMENTS AUGUST 2023continued
SS
8. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
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||||||
|---|---|---|---|---|
|2023|2022|
|£|£|
|Depreciation|- owned|assets|2,336|3,005|
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Net income/expenditure is stated after accounting for independent examiner's remuneration. Independent examiner's remuneration for the year to 31/08/2023 totalled £1,020 (2022: £1,020) in respect of the independent examination and £1,397 (2022: £821) in respect of payroll processing services. TRUSTEES' REMUNERATION AND BENEFITS There were no trustees' remuneration or other benefits for the year ended 31st August 2023 nor for the year ended 31st August 2022.
- TRUSTEES' REMUNERATION AND BENEFITS
Trustees’ expenses
There were no trustees' expenses paid for the year ended 31st August 2023 nor for the year ended 31st August 2022.
- STAFF COSTS
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||||||
|---|---|---|---|---|
|2023|2022|
|£|£|
|Wages|and|salaries|83,887|83,704|
|Other pension|costs|488|1,194|
|84,375|84,898|
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The average monthly number of employees during the year was as follows:
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|||||
|---|---|---|---|
|2023|2022|
|School|staff|il|8|
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No employees received emoluments in excess of £60,000.
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STOCKS GREEN PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST AUGUST 2023
ee
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||||||||
|---|---|---|---|---|---|---|
|11.|TANGIBLE|FIXED|ASSETS|
|Building|Improvements|
|Freehold|improvements|to|
|property|(garden)|property|Totals|
|£|£|£|£|
|COST|
|At|1st September|2022|and|
|31st August 2023|20,000|36,560|3,337|59,897|
|DEPRECIATION|
|At|1st|September 2022|15,417|31,216|3,337|49,970|
|Charge|for year|1,000|1,336|-|2,336|
|At 31st August 2023|16,417|32,552|3,337|52,306|
|NET BOOK VALUE|
|At 31st August 2023|3,583|4,008|-|7,591|
|At 31st August 2022|4,583|5,344|-|9,927|
|12.|CREDITORS:|AMOUNTS|FALLING DUE WITHIN|ONE YEAR|
|2023|2022|
|£|£|
|Other|creditors|210|698|
|Accruals|and|deferred|income|1,295|1,295|
|1,505|1,993|
|13.|MOVEMENT|IN|FUNDS|
|Net|
|movement|At|
|At|1.9.22|in|funds|31.8.23|
|£|£|£|
|Unrestricted|funds|
|General|fund|57,911|(10,333)|47,578|
|Building|replacement|fund|40,000|-|40,000|
|Building|improvement|fund|2,952|(1,000)|1,952|
|100,863|(11,333)|89,530|
|TOTAL FUNDS|100,863|(11,333)|89,530|
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STOCKS GREEN PRE-SCHOOL
NOTESFOR THETO THE YEAR ENDEDFINANCIAL31STSTATEMENTS AUGUST 2023continued
i—e—esesesee
13, MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
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|||||||
|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General fund|92,510|(102,843)|(10,333)|
|Building|improvement|fund|.|(1,000)|(1,000)|
|92,510|(103,843)|(11,333)|
|TOTAL FUNDS|92,510|(103,843)|(11,333)|
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Comparatives for movement in funds
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|||||||
|---|---|---|---|---|---|
|Net|
|movement|At|
|At|1.9.21|in|funds|31.8,22|
|£|£|£|
|Unrestricted|funds|
|General|fund|70,284|(12,373)|57,911|
|Building|replacement|fund|40,000|-|40,000|
|Building|improvement|fund|3,952|(1,000)|2,952|
|114,236|(13,373)|100,863|
|TOTAL FUNDS|114,236|(13,373)|100,863|
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Comparative net movement in funds, included in the above are as follows:
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|||||||
|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General fund|97,876|(110,249)|(12,373)|
|Building|improvement|fund|-|(1,000)|(1,000)|
|97,876|(111,249)|(13,373)|
|TOTAL FUNDS|97,876|(111,249)|(13,373)|
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STOCKS GREEN PRE-SCHOOL
eee
F
NOTESFOR THETO YEAR THE FINANCIAL ENDED 31STSTATEMENTS AUGUST 2023continued
eee eee
13. MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows:
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|||||||
|---|---|---|---|---|---|
|Net|
|movement|At|
|At|1.9.21|in|funds|31.8.23|
|£|£|z|
|Unrestricted|funds|
|General|fund|70,284|(22,706)|47,578|
|Building|replacement fund|40,000|-|40,000|
|Building|improvement|fund|3,952|(2,000)|15952.|
|114,236|(24,706)|89,530|
|TOTAL FUNDS FUNDS|114,236|(24,706)|89,530|
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TOTAL FUNDS FUNDS
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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|||||||
|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|190,386|(213,092)|(22,706)|
|Building|improvement|fund|-|(2,000)|(2,000)|
|190,386|(215,092)|(24,706)|
|TOTAL|FUNDS|190,386|(215,092)|(24,706)|
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TOTAL FUNDS
The building improvement fund arises as a result of a non-refundable capital grant received during the year to 31 August 2012. The building replacement fund is for the provision of a new building when the current one is no longer fit for purpose.
- RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st August 2023.
Page 13
STOCKS GREEN PRE-SCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2023
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|||||||
|---|---|---|---|---|---|
|a|
|2023|2022|
|£|£|
|INCOME AND|ENDOWMENTS|
|Donations|and|legacies|
|Donations|6,008|4,402|
|Other|trading|activities|
|Fundraising|activities|1,290|1,666|
|Other income|587|1,109|
|1,877|22715|
|Investment|income|
|Deposit|account|interest|624|33|
|Charitable|activities|
|Vouchers & government|funding|52,883|57,072|
|Fees &|deposits|31,118|33,594|
|84,001|90,666|
|Total|incoming resources|92,510|97,876|
|EXPENDITURE|
|Raising|donations|and|legacies|
|Fundraising|334|177|
|Charitable|activities|
|Wages|83,887|83,704|
|Pensions|488|1,194|
|Consumables|3,229|4,871|
|87,604|89,769|
|Support|costs|
|Management|
|Utilities|2,052|2,341|
|Building|maintenance|4,872|7,676|
|Other|costs|3,977|5,344|
|Depreciation of tangible|and|heritage|assets|2,336|3,005|
|13,237|18,366|
|Governance|costs|
|Accountancy|fees|1,020|1,020|
|Carried forward|1,020|1,020|
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This page does not form part of the statutory financial statements
Page 14
STOCKS GREEN PRE-SCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2023
| i | i | i |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Governance costs | ||
| Broughtforward | 1,020 | 1,020 |
| Governance costs | 1,648 | 1,917 |
| 2,668 | 2,937 | |
| Total resources expended | 103,843 | 111,249 |
| Netexpenditure | (11,333) | (13,373) |
This page does not form part of the statutory financial statements
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