2024-03-31-accounts

Silverdale Pre-School (Registered charity, number 1121448) Financial statements for the year ended 31 March 2024

Page	Contents
2 - 3	Trustees’ annual report
4	Independent examiner’s report
5	Receipts & payments account
6	Statement of assets & liabilities
7	Notes to the accounts

Silverdale Pre-School Trustees’ annual report for the year ended 31 March 2024

Full name Silverdale Pre-School

Registered charity number 1121448

Principal address Silverdale Community Centre, The Downs, Wilford, Nottingham NG11 7EB

Trustees

Amanda Waldram, Treasurer, until 15.1.24 Mark Hardy, Secretary Keiley Selfe

Other committee members

Melissa Baker Ian Baker Anna Ellis

Independent examiner

John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL

Governance and management

The charity is operated under the rules of its constitution adopted 23 April 2004.

Overall management of the charity is the responsibility of the trustees who are elected and co-opted at the AGM.

Objectives and activities

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. Also for the care and development of children aged two to five years.

Public benefit statement

The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.

Summary of the main activities undertaken for the public benefit

We provide a safe, stimulating environment where children can learn through play and experience and develop at their own pace. We adhere to the Early Years Foundation Stage document and support our children through all seven areas of learning. These activities benefit the public by providing good quality, affordable, accessible childcare facilities.

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Silverdale Pre-School

Summary of the main achievements during the period

We offer ten sessions per week and lunch club too. We offer Nursery Education funding for thirty and fifteen hours entitlement. We also offer funding for two year olds.

Ofsted graded us 'good' in all areas and we continue to work with local schools, colleges and universities to support our local community and offer training in the Early Years. We also work with many external agencies to support children's additional needs.

We are exploring the possibility of taking over the Community Centre as a pre-school with a few additional groups to bring in extra income. We are looking to access funding to make improvements to the centre and create spaces specifically for children (small toilets and a wet room).

We have improved our outdoor play space with a bird feeding hide, vegetable garden and updated our mud kitchen.

Risk analysis

As the Council is withdrawing all financial support we will have to take on all the buildings costs, including all compliances and utility bills.

Signed on behalf of the charity’s trustees:

Signed ______ Date _ Mark Hardy, Trustee

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Independent examiner’s report to the trustees of Silverdale Pre-School for the year ended 31 March 2024

I report to the trustees on my examination of the accounts of Silverdale Pre-School (the charity) for the year ended 31 March 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 that in any material respect:

1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

2. the accounts do not accord with those records.

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.

Signed ____ Date _______ John O’Brien MSc, FAIA, FCIE Employee of Community Accounting Plus

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Silverdale Pre-School Receipts & payments account for the year ended 31 March 2024

2023 £ Note Receipts 129427 Grants & donations 2 10480 Sales & fees - Sundry receipts 139907 Total receipts Payments 665 Cleaning 2241 Equipment, repairs & renewals 104 Gifts 593 Insurance 1183 Materials & consumables 998 Payroll service 559 Photocopying & stationery - Postage 436 Premises, building & maintenance 1169 Professional fees 150 Publications & subscriptions 2349 Refreshments & hospitality 2700 Rent & services 1335 Training & conference 101581 Wages, NI & pension 157 Website 157 Sundry payments 116377 Total payments 23530 Net receipts/(payments) 74798 Cash funds at start of this period 98328 Cash funds at end of this period	2024 £ 109635 9315 174
	119124
	652 3594 241 733 1069 989 669 57 557 1153 411 2214 1160 - 103263 186 1251
	118199
	925 98328
	99253

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Silverdale Pre-School Statement of assets and liabilities at 31 March 2024

2023 £ Cash assets Note 98294 Bank accounts 34 Cash in hand 98328 Other monetary assets 221 Debtors - Payroll service 221 Assets retained for the charity’s own use Laptop, purchased Sept 2020, cost £1,303 Liabilities (3184) Creditors 3 (3184)	2024 £ 99177 76
	99253
	-
	-
	(6574)
	(6574)

These financial statements are accepted on behalf of the charity by:

Signed _____ Date _____ Mark Hardy, Trustee

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Silverdale Pre-School Notes to the accounts for the year ended 31 March 2024

1. Receipts & payments accounts

Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.

2. Grants & donations

Nottingham City Council Sundry grants & donations	£ 109535 100
	109635

3. Creditors

Wages, NI & pension Rent & services Professional fees	£ 1236 4840 498
	6574

4. Trustees’ remuneration

Trustees received no expenses, remuneration or benefits in this period.

5. Related party transactions

There were no related party transactions during the period.

6. Glossary of terms

Creditors: These are amounts owed by the charity, but not paid during the accounting period.

Debtors: These are amounts owed to the charity, but not received in the accounting period.

Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period.

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