## **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**|
5
## **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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