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2020-08-31-accounts

Charity Registration No. 1119060

CLANFIELD PRE-SCHOOL

TRUSTEES' REPORT AND UNAUDITED RECEIPTS AND PAYMENT ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2020

CLANFIELD PRE-SCHOOL

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr R Craik
Mrs R Craik
V Dix
A Reeves
N Hobbs
C Foley
Mrs L Roberts
Mr C Regent
Mrs V Banbury
Mrs L Newton
Charity number 1119060
Principal address Homestead
Main Street
Clanfield
Bampton
Oxon
OX18 2SH
Independent examiner Whitley Stimpson Limited
Penrose House
67 Hightown Road
Banbury
Oxfordshire
OX16 9BE

CLANFIELD PRE-SCHOOL

CONTENTS

Page
Trustees' report 1 - 2
Independent examiner's report 3
Receipts and payments account 4
Statement of assets and liabilities 5

CLANFIELD PRE-SCHOOL

TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2020

The trustees present their report and accounts for the year ended 31 August 2020.

Structure, governance and management

The charity was established by a charitable trust deed on 3 May 2007. It is an unincorporated entity.

The trustees who served during the year were: Mr R Craik Mrs R Craik Mrs K Alder (Resigned 1 June 2020) Mrs N Clarke (Resigned 19 September 2019) Mrs V Park-Pearson (Resigned 19 September 2019) Mr G Alder (Resigned 1 June 2020) V Dix (Appointed 17 September 2020) A Reeves (Appointed 17 September 2020) N Hobbs (Appointed 17 September 2020) C Foley (Appointed 17 September 2020) Mrs L Roberts Mr C Regent (Appointed 17 September 2020) Mrs V Banbury (Appointed 19 September 2019) Mrs L Newton

The power to appoint new trustees lies with the trustees.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Objectives and activities

The charity's objects are 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:

There has been no change in these objectives and activities during the year.

There are no plans to change the activities of the charity going forward.

The trustees have paid due regard to guidance issued by the Charity Commission on public benefit in deciding what activities the charity should undertake.

Achievements and performance

We have made great strides in re-organizing procedures which started in earlier years and are extremely proud that we have regained our Ofsted rating of ‘Good’, all those involved should be very proud of the commitment and hard work. The finances have been well monitored and used sparingly with the plan to improve certain areas of the setting next year. Staffing levels will have to be looked at as the number of children will fluctuate.

CLANFIELD PRE-SCHOOL

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020

Financial review

The trustees' consider that the charity's financial position at the end of the year is satisfactory.

It is not the policy of the trustees to accumulate funds. The trustees have reviewed the reserves of the charity and this review encompassed the nature of the income and expenditure streams, the need to match variable income with commitments and the nature of the reserves. The trustees consider the current level of free reserves, which is represented by the balance of funds at the year end of £29,388 is sufficient to enable the charity to meet its charitable objectives.

On behalf of the board of trustees

Mr R Craik

Dated: 28 October 2020

CLANFIELD PRE-SCHOOL

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CLANFIELD PRE-SCHOOL

I report on the accounts of the charity for the year ended 31 August 2020, which are set out on pages 4 to 5.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

Dated: 28 October 2020

Malcolm Higgs FCA Whitley Stimpson Limited

Penrose House 67 Hightown Road Banbury Oxfordshire OX16 9BE

CLANFIELD PRE-SCHOOL

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2020

Receipts
Funds and donations
Investment income
Fundraising
Total receipts
Payments
Charitable activities
Staff costs, admin and services
Resources, training and fundraising
Equipment, phone and advertising
Consumables, refreshments and sundries
Total payments
Net receipts/(payments) for the year
Fund balances at 1 September 2019
Fund balances at 31 August 2020
2020
£
72,527
37
72,564
1,322
73,886
69,800
192
768
5,626
76,386
(2,500)
31,888
29,388
2019
£
96,835
34
96,869
1,905
98,774
73,513
1,624
991
2,389
78,517
20,257
11,631
31,888

CLANFIELD PRE-SCHOOL

STATEMENT OF ASSETS AND LIABILITIES AS AT 31 AUGUST 2020

Notes
Current assets
Cash at bank and in hand
Total assets less current liabilities
Income funds
Unrestricted funds
2020
£
29,388
£
29,388
29,388
29,388
2019
£
31,888
£
31,888
31,888
31,888

The accounts were approved by the Trustees on 28 October 2020

Mr R Craik