ELHAM PRE-SCHOOL
ACCOUNTS FOR THE YEAR ENDED
31[ST] AUGUST 2020
Registered charity number 1125226 Company number 6630170
Elham Pre-School
Legal and administrative information for the period ending 31[st] August 2019
Status
The organisation is a charitable company.
Charity number: 1125226 Company number: 6630170
Address
Elham Village Hall, High Street, Elham, Canterbury, Kent CT4 6SX
Trustees for the year
Maitland Bruce Kitley Lane 28/10/19 to 25/11/19 Joanne Bradford Elaine Troth
Bankers
The Co-operative Bank
Elham Pre-School
Report of the Trustees for the period ending 31[st] August 2020
The trustees present their report and financial statements for the period ending 31[st] August 2020.
Objects
The principal objects are to provide education and childcare to 2-4 year olds. Provision is on a non-compulsory weekday basis.
Key points to note during the year
We continue to struggle to get parents to join the committee as they are working full time and don’t want to commit to spending time helping out at the Pre-School.
Our numbers increased in the autumn term as we progressed towards Christmas. A member of staff handed their notice in and we recruited a new member of staff who will be undertaking their level 3 qualification.
Then in the New Year it became apparent that COVID19 was spreading rapidly around the world until it was declared a pandemic. Our setting closed at the end of March as per Government guidelines as we didn’t have any keyworker parents. We used the furlough scheme to pay 2 members of staff and the child funding to pay the others.
We reopened in June for a shorter day to ensure our income was sufficient to pay our staff. We recorded a loss over the year but with the lack of fundraising and some children being kept as home instead of attending we lost quite aa significant amount of income.
Risk statement
The trustees review risks on an ongoing basis and are confident that they have done all that they can to minimise risks to the charity. We are aware of the risks of running at a financial loss and have plans in place to ensure the sustainability of the charity.
Reserves policy
The trustees regularly review reserves to ensure adequate funds in case of emergency or shut-down.
ELHAM PRE-SCHOOL
Companies House Registration No: 6630170 Charity Registration No: 1125226 PROFIT AND LOSS STATEMENT
FROM 1ST SEPTEMBER TO 31ST AUGUST
CHART OF ACCOUNTS
| INCOME | 2019/20 | 2018/19 |
|---|---|---|
| KCC FUNDING | 17250.28 | 24136.00 |
| FEES FROM PARENTS | 12670.00 | 8695.00 |
| KCC GRANTS/OTHER | 2772.95 | 1873.38 |
| FUNDRAISING | 158.22 | 610.22 |
| BANK INTEREST | 0.02 | 2.73 |
| REFUNDABLE DEPOSITS | 100.00 | 150.00 |
| REFUNDS | ||
| OTHER INCOME | 250.00 | |
| SNACK DONATIONS | 119.50 | 163.00 |
| 33070.97 33070.97 35880.33 | ||
| OUTGOINGS | ||
| DIRECT EXPENSES | ||
| SALARIES | 27209.37 | 34837.27 |
| OVERHEADS | ||
| RENT | 4077.50 | 4589.00 |
| ADVERTISING | 106.00 | 343.48 |
| EQUIPMENT | 117.29 | 60.32 |
| TELEPHONE/INTERNET | 733.04 | 1014.74 |
| PETTY CASH EXPENSES | 0.00 | 100.00 |
| FUNDRAISING EXPENSES | ||
| PROFFESSIONAL COSTS | 1199.74 | 1029.44 |
| OTHER | 384.00 | |
| DEPOSIT REFUNDS | 200.00 | |
| CONSUMABLES | 116.96 | 70.23 |
| 33943.90 33943.90 42244.48 42244.48 | ||
| DEPRECIATION | ||
| NET PROFIT/(LOSS) | -872.93 | -6364.15 |
ELHAM PRE-SCHOOL Companies House Registration No: 6630170 Charity Registration No: 1125226 TRIAL BALANCE SHEET
1ST SEPTEMBER TO 31ST AUGUST
| 2019/20 | 2018/19 | |||
|---|---|---|---|---|
| BANK ACCOUNT | 987.40 | 1860.33 | ||
| PETTY CASH | 35.80 | 35.80 | ||
| FUNDS BROUGHT FORWARD | 1896.13 | 8260.28 | ||
| KCC FUNDING | 17250.28 | 24136.00 | ||
| OTHER GRANTS | 2772.95 | 1873.38 | ||
| FEES | 12670.00 | 8695.00 | ||
| MISC | 250.00 | |||
| REFUNDABLE DEPOSITS | 100.00 | 150.00 | ||
| FUNDRAISING | 158.22 | 610.22 | ||
| REFUND | ||||
| BANK INTEREST | 0.02 | 2.73 | ||
| SNACK DONATIONS | 119.50 | 163.00 | ||
| SALARIES/HMRC/PENSION | 27209.37 | 34837.27 | ||
| RENT | 4077.50 | 4589.00 | ||
| ADVERTISING | 106.00 | 343.48 | ||
| EQUIPMENT | 117.29 | 60.32 | ||
| INTERNET/TELEPHONE | 733.04 | 1014.74 | ||
| PETTY CASH EXPENSES | 0.00 | 100.00 | ||
| FUNDRAISING EXPENSES | ||||
| PROFESSIONAL COSTS | 1199.74 | 1029.44 | ||
| OTHER | 384.00 | |||
| DEPOSITS/FEES REFUNDED | 200.00 | |||
| CONSUMABLES | 116.96 | 70.23 |
34967.10 34967.10 44140.61 44140.61
| ELHAM PRE-SCHOOL | ||||
|---|---|---|---|---|
| Companies House Registration No: 6630170 | ||||
| Charity Registration No: 1125226 | ||||
| 2019/20 | 2018/19 | |||
| BALANCE SHEET | ||||
| BANK BALANCE AT 31ST AUGUST | 1860.33 | 8144.48 | ||
| PETTY CASH BALANCE AT 31ST AUGUST | 35.80 | 115.80 | ||
| 1896.13 | 8260.28 | |||
| NET PROFIT YEAR ENDING 31ST AUGUST | ||||
| NET LOSS YEAR ENDING 31ST AUGUST | -872.93 | -6364.15 | ||
| 1023.20 | 1896.13 | |||
| BANK BALANCE AT 31ST AUGUST | 987.40 | 1860.33 | ||
| PETTY CASH AT 31ST AUGUST | 35.80 | 35.80 | ||
| 1023.20 | 1023.20 | 1896.13 | 1896.13 |
Approved by the Directors/Trustees of Elham Pre-School and signed on their behalf
SIGNED ON BEHALF OF ELHAM PRE-SCHOOL
Report of the Independent Examiner to the Trustees of Elham Pre-School
I have examined the accounts of the above mentioned for the year ended 31[st] August 2019.
During the course of my examination no matter has come to my attention, which would give me reasonable cause to believe that in any material respect:
-
a) Accounts have not been kept in accordance with section 41 of the 1993 Charities Act; or
-
b) The accounts do not accord with those records; or
-
c) The statement of accounts does not comply with the 1993 Charities Act.
No further matters have come to my attention, which should be included to enable a proper understanding of the accounts to be reached.
Signed:
Patricia Holmes
Retired Accounts Preparation Administrator/Book Keeper