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2021-09-30-accounts

REGISTERED COMPANY NUMBER: 05947387 (England and Wales) REGISTERED CHARITY NUMBER: 1121094

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021

FOR

ATHERTON PRE-SCHOOL DAY CARE LIMITED

Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ

ATHERTON PRE-SCHOOL DAY CARE LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 30 September 2021

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 10
Detailed Statement of Financial Activities 11

ATHERTON PRE-SCHOOL DAY CARE LIMITED

REPORT OF THE TRUSTEES for the year ended 30 September 2021

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 30 September 2021. 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 aims

The main objective of the charity is to provide pre-school care.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The trustees are pleased with the the achievements of the activities so far, but would like to continue to improve the day care facilities available to the community.

FINANCIAL REVIEW

Principal funding sources

Atherton Pre-school Day Care Ltd is pleased and fortunate to receive funding from Wigan Council. Overall the charity has experienced a good year and hopes it will continue to do so in future years.

Reserves policy

The trustees believe they have established a level of unrestricted reserves sufficient for the charity.

FUTURE PLANS

The charity plans continuing and expanding the activities outlined above in the forthcoming years subject to satisfactory funding arrangements.

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.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05947387 (England and Wales)

Registered Charity number

1121094

Registered office

Dorset Road Community Centre Dorset Road Atherton Manchester M46 9GJ

Trustees

D Bradbury Mrs R Woods (resigned 2.12.21) Miss L Murray N A Bradbury Mr S P Yates Mrs P G Woodhead

Page 1

ATHERTON PRE-SCHOOL DAY CARE LIMITED

REPORT OF THE TRUSTEES for the year ended 30 September 2021

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ

Approved by order of the board of trustees on 21 June 2022 and signed on its behalf by:

D Bradbury - Trustee

Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ATHERTON PRE-SCHOOL DAY CARE LIMITED

Independent examiner's report to the trustees of Atherton Pre-School Day Care Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2021.

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:

  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 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

  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.

Andrew James Wardle FCA Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ

21 June 2022

Page 3

ATHERTON PRE-SCHOOL DAY CARE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 September 2021

2021
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Other trading activities
2
212,033
EXPENDITURE ON
Raising funds
206,304
NET INCOME
5,729
RECONCILIATION OF FUNDS
Total funds brought forward
79,001
TOTAL FUNDS CARRIED FORWARD
84,730		 2020
Total
funds
£
202,893
189,796
13,097
65,904
79,001

The notes form part of these financial statements

Page 4

ATHERTON PRE-SCHOOL DAY CARE LIMITED

BALANCE SHEET 30 September 2021

2021
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
7
28,357
CURRENT ASSETS
Debtors
8
-
Cash at bank and in hand
90,822
90,822
CREDITORS
Amounts falling due within one year
9
(34,449)
NET CURRENT ASSETS
56,373
TOTAL ASSETS LESS CURRENT
LIABILITIES
84,730
NET ASSETS
84,730
FUNDS
10
Unrestricted funds
84,730
TOTAL FUNDS
84,730		 2020
Total
funds
£
31,962
628
90,412
91,040
(44,001)
47,039
79,001
79,001
79,001
79,001

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 21 June 2022 and were signed on its behalf by:

D Bradbury - Trustee

The notes form part of these financial statements

Page 5

ATHERTON PRE-SCHOOL DAY CARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 September 2021

1. 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.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

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. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on reducing balance

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.

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.

2. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
Local authority grants
Attendance fees
Coronavirus Job Retention
Government Grant		 2021
£
174,588
34,028
3,417
-
212,033		 2020
£
168,775
12,442
11,676
10,000
202,893

Page 6

continued...

ATHERTON PRE-SCHOOL DAY CARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 September 2021

3. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2021 2020
£ £
Depreciation - owned assets 3,605 4,119

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2021 nor for the year ended 30 September 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 September 2021 nor for the year ended 30 September 2020.

5. STAFF COSTS

The average monthly number of employees during the year was as follows:

Administrative staff
Early years carers		 2021
1
12
13		 2020
1
12
13

No employees received emoluments in excess of £60,000.

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Other trading activities 202,893
EXPENDITURE ON
Raising funds 189,796
NET INCOME 13,097
RECONCILIATION OF FUNDS
Total funds brought forward 65,904
TOTAL FUNDS CARRIED FORWARD 79,001

continued...

Page 7

ATHERTON PRE-SCHOOL DAY CARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 September 2021

7.
TANGIBLE FIXED ASSETS
Improvements
to
property
£
COST
At 1 October 2020 and 30 September 2021
38,040
DEPRECIATION
At 1 October 2020
10,167
Charge for year
2,787
At 30 September 2021
12,954
NET BOOK VALUE
At 30 September 2021
25,086
At 30 September 2020
27,873
8.
DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Other debtors
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Social security and other taxes
Accrued expenses
Deferred grant income
10.
MOVEMENT IN FUNDS
At
1.10.20
£
Unrestricted funds
General fund
79,001
TOTAL FUNDS
79,001
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
212,033
TOTAL FUNDS
212,033		 Fixtures
and
fittings
Totals
£
£
30,537
68,577
26,448
36,615
818
3,605
27,266
40,220
3,271
28,357
4,089
31,962
2021
2020
£
£
-
628
2021
2020
£
£
1,616
1,555
4,172
1,230
28,661
41,216
34,449
44,001
Net
movement
At
in funds
30.9.21
£
£
5,729
84,730
5,729
84,730
Resources
Movement
expended
in funds
£
£
(206,304)
5,729
(206,304)
5,729		 Fixtures
and
fittings
Totals
£
£
30,537
68,577
26,448
36,615
818
3,605
27,266
40,220
3,271
28,357
4,089
31,962
2021
2020
£
£
-
628
2021
2020
£
£
1,616
1,555
4,172
1,230
28,661
41,216
34,449
44,001
Net
movement
At
in funds
30.9.21
£
£
5,729
84,730
5,729
84,730
Resources
Movement
expended
in funds
£
£
(206,304)
5,729
(206,304)
5,729		 Totals
£
68,577		 Totals
£
68,577
36,615
3,605
40,220
28,357
31,962
2020
£
628
2020
£
1,555
1,230
41,216		 2020
£
628
44,001
5,729

continued...

Page 8

ATHERTON PRE-SCHOOL DAY CARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 September 2021

10. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At
1.10.19
£
Unrestricted funds
General fund
65,904
TOTAL FUNDS
65,904
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
202,893
TOTAL FUNDS
202,893		 Net
movement
At
in funds
30.9.20
£
£
13,097
79,001
13,097
79,001
Resources
Movement
expended
in funds
£
£
(189,796)
13,097
(189,796)
13,097		 Net
movement
At
in funds
30.9.20
£
£
13,097
79,001
13,097
79,001
Resources
Movement
expended
in funds
£
£
(189,796)
13,097
(189,796)
13,097
13,097

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 Net
At
movement
At
1.10.19
in funds
30.9.21
£
£
£
65,904
18,826
84,730
65,904
18,826
84,730		 Net
At
movement
At
1.10.19
in funds
30.9.21
£
£
£
65,904
18,826
84,730
65,904
18,826
84,730
84,730

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 Incoming
resources
£
414,926
414,926		 Resources
Movement
expended
in funds
£
£
(396,100)
18,826
(396,100)
18,826		 Resources
Movement
expended
in funds
£
£
(396,100)
18,826
(396,100)
18,826
18,826

continued...

Page 9

ATHERTON PRE-SCHOOL DAY CARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 September 2021

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 September 2021.

Page 10

ATHERTON PRE-SCHOOL DAY CARE LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 September 2021

INCOME AND ENDOWMENTS
Other trading activities
Local authority grants
Attendance fees
Coronavirus Job Retention
Government Grant
Total incoming resources
EXPENDITURE
Other trading activities
Food & consumables
Childrens toys
Support costs
Finance
Bank charges
Human resources
Pensions
Other
Rent, rates and water
Insurance
Telephone
Postage and stationery
Sundries & cleaning
Repairs & renewals
Computer costs
Website costs
Accountancy & payroll fees
Courses
Governance costs
Wages
Legal fees
Improvements to property
Fixtures and fittings
Total resources expended
Net income		 2021
£
174,588
34,028
3,417
-
212,033
212,033
833
2,168
3,001
624
8,097
15,000
1,232
366
472
1,605
450
360
216
1,199
304
21,204
168,853
920
2,787
818
173,378
206,304
5,729		 2020
£
168,775
12,442
11,676
10,000
202,893
202,893
570
283
853
525
7,804
10,006
1,150
411
820
946
629
416
204
2,150
1,157
17,889
157,856
750
3,097
1,022
162,725
189,796
13,097

This page does not form part of the statutory financial statements

Page 11