REGISTERED COMPANY NUMBER: 06615346 (England and Wales) REGISTERED CHARITY NUMBER: 1130200
## Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 August 2024
## for
Great Clacton Pre-School Limited
Goody Chartered Accountants and Tax Advisors Unit 8 Old Forge Court Colchester Road Elmstead Market Colchester Essex CO7 7EA
Great Clacton Pre-School Limited
Contents of the Financial Statements for the Year Ended 31 August 2024
||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|
Great Clacton Pre-School Limited
## Report of the Trustees for the Year Ended 31 August 2024
Thetrusteeswho arealsodirectorsof thecharityfor thepurposesof theCompaniesAct 2006,presenttheir report with thefinancialstatementsof thecharityfor theyearended31 August2024.The trusteeshaveadoptedtheprovisions of Accountingand Reportingby Charities:Statementof RecommendedPracticeapplicableto charitiespreparing their accountsin accordancewith theFinancialReportingStandardapplicablein theUK andRepublicof Ireland(FRS 102) (effective 1 January 2019).
## OBJECTIVES AND ACTIVITIES
## Objectives and aims
We aim to continueto achieveour outstandinggradewith Ofsted.This hasinvolved a lot of reflectivepractice from managementandstaff.We havetakenin moretwo yearoldsandhavelookedat andadaptedour curriculumto meet the needsof thetwo yearolds.We haveadaptedactivitiesto meettheneedsof our children.Recognizingthatonesize does not fit all and that children develop at different rates.
We work hard with all outsideagenciesto ensureall children can progress,stay safeand enjoy their time with us regardless of abilities, disabilities and backgrounds.
We celebratedifferentculturefestivalsandshowchildrenthatregardlessof backgroundweareall valuedand everyone is important.
## ACHIEVEMENT AND PERFORMANCE
## Charitable activities
Theschoolwerentfrom havea newheadteacher.We haveworkedhardto continueour partnershipwith herandaim to improve how we work together to help the children transition from preschool to school.
Outside agencies have praised the staff for the way they re-act and respond to the children.
We have been asked to take children with SEND as our reputation of helping these children has not gone unnoticed.
## FINANCIAL REVIEW
## Financial position
We continueto fundraiseto addextraincomefor childrensequipmentandhaveincludeda wish list for parentsto ask for donations ranging from craft cleaning and other consumables.
We are taking on extra children to fill the places and have SEND funding to be approved for a few children.
## STRUCTURE, GOVERNANCE AND MANAGEMENT
## Governing document
The charity is controlledby its governingdocument,a deedof trust, and constitutesa limited company,limited by guarantee, as defined by the Companies Act 2006.
## REFERENCE AND ADMINISTRATIVE DETAILS
## Registered Company number
06615346 (England and Wales)
## Registered Charity number
1130200
## Registered office
60 Redbridge Road Clacton on Sea Essex CO15 4UN
Page 1
Great Clacton Pre-School Limited
## Report of the Trustees for the Year Ended 31 August 2024
Trustees Ms R F Buisson Ms R L Cassidy Ms E K P Conlon C Madge Mrs S I Mcfall Ms M J Moore Mrs C J Revell
Company Secretary Mrs M J Byrne
Independent Examiner Ms S Goody Goody Chartered Accountants and Tax Advisors Unit 8 Old Forge Court Colchester Road Elmstead Market Colchester Essex CO7 7EA
Approved by order of the board of trustees on 24 March 2025 and signed on its behalf by:
Mrs S I Mcfall - Trustee
Page 2
## Independent Examiner's Report to the Trustees of Great Clacton Pre-School Limited
## Independent examiner's report to the trustees of Great Clacton Pre-School Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2024.
## Responsibilities and basis of report
As thecharity'strusteesof theCompany(andalsoits directorsfor thepurposesof companylaw) youareresponsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Havingsatisfiedmyselfthattheaccountsof theCompanyarenot requiredto beauditedunderPart16 of the2006 Act andareeligible for independentexamination,I reportin respectof my examinationof your charity'saccountsas carried out underSection145 of the CharitiesAct 2011('the2011Act'). In carryingout my examinationI havefollowed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## Independent examiner's statement
I have completedmy examination.I confirm that no mattershave come to my attention in connectionwith 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 accountsdo not comply with the accountingrequirementsof Section396 of the 2006 Act other than any requiremen **t** hattheaccountsgiveatrueandfair view whichis notamatterconsideredaspartof an independent examination; or
4. the accountshave not been preparedin accordancewith the methodsand principles of the Statement of RecommendedPracticefor accountingandreportingby charities(applicableto charitiespreparingtheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I haveno concernsandhavecomeacrossno othermattersin connectionwith theexaminationto whichattention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ms S Goody
Goody Chartered Accountants and Tax Advisors Unit 8 Old Forge Court Colchester Road Elmstead Market Colchester Essex CO7 7EA
24 March 2025
Page 3
Great Clacton Pre-School Limited
|Statement of Financial Activities
for the Year Ended 31 August 2024
31.8.24
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
-
Charitable activities
Charitable activities
117,465
Total
117,465
EXPENDITURE ON
Charitable activities
Charitable activities
121,149
NET INCOME/(EXPENDITURE)
(3,684)
RECONCILIATION OF FUNDS
Total funds brought forward
33,841
TOTAL FUNDS CARRIED FORWARD
30,157|31.8.23
Total
funds
£
500
116,484
116,984
104,018
12,966
20,875
33,841|
|---|---|
The notes form part of these financial statements
Page 4
Great Clacton Pre-School Limited
## Balance Sheet
## 31 August 2024
|||31.8.24|31.8.23|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|**FIXED ASSETS**||||
|Tangible assets|6|6,679|6,996|
|**CURRENT ASSETS**||||
|Cash at bank||24,259|27,625|
|**CREDITORS**||||
|Amounts falling due within one year|7|(781)|(780)|
|**NET CURRENT ASSETS**||23,478|26,845|
|**TOTAL ASSETS LESS CURRENT**||||
|**LIABILITIES**||30,157|33,841|
|**NET ASSETS**||30,157|33,841|
|**FUNDS**|8|||
|Unrestricted funds||30,157|33,841|
|**TOTAL FUNDS**||30,157|33,841|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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 24 March 2025 and were signed on its behalf by:
S I Mcfall - Trustee
The notes form part of these financial statements
Page 5
Great Clacton Pre-School Limited
Notes to the Financial Statements for the Year Ended 31 August 2024
## **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.
Plant and machinery - 25% 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.
## **2. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||31.8.24|31.8.23|
|---|---|---|
||£|£|
|Depreciation - owned assets|1,169|1,249|
Page 6
continued...
Great Clacton Pre-School Limited
Notes to the Financial Statements - continued for the Year Ended 31 August 2024
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **4. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Pre-school staff
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Charitable activities
**Total**
**EXPENDITURE ON**
**Charitable activities**
Charitable activities
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|31.8.24
31.8.23
9
9
Unrestricted
fund
£
500
116,484
116,984
104,018
12,966
20,875
33,841|31.8.24
31.8.23
9
9
Unrestricted
fund
£
500
116,484
116,984
104,018
12,966
20,875
33,841|
|---|---|---|
|||116,984|
|||104,018|
|||12,966
20,875|
|||33,841|
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
continued...
Page 7
Great Clacton Pre-School Limited
## Notes to the Financial Statements - continued for the Year Ended 31 August 2024
|**6.**
**TANGIBLE FIXED ASSETS**
Long
leasehold
£
**COST**
At 1 September 2023
2,000
Additions
-
At 31 August 2024
2,000
**DEPRECIATION**
At 1 September 2023
-
Charge for year
-
At 31 August 2024
-
**NET BOOK VALUE**
At 31 August 2024
2,000
At 31 August 2023
2,000
**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Accrued expenses
**8.**
**MOVEMENT IN FUNDS**
At 1.9.23
£
**Unrestricted funds**
General fund
33,841
**TOTAL FUNDS**
33,841
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
117,465
**TOTAL FUNDS**
117,465|Plant and
machinery
Totals
£
£
27,070
29,070
852
852
27,922
29,922
22,074
22,074
1,169
1,169
23,243
23,243
4,679
6,679
4,996
6,996
31.8.24
31.8.23
£
£
1
-
780
780
781
780
Net
movement
At
in funds
31.8.24
£
£
(3,684)
30,157
(3,684)
30,157
Resources
Movement
expended
in funds
£
£
(121,149)
(3,684)
(121,149)
(3,684)|
|---|---|
continued...
Page 8
Great Clacton Pre-School Limited
Notes to the Financial Statements - continued for the Year Ended 31 August 2024
## **8. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|At 1.9.22
£
**Unrestricted funds**
General fund
20,875
**TOTAL FUNDS**
20,875
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
116,984
**TOTAL FUNDS**
116,984|Net
movement
At
in funds
31.8.23
£
£
12,966
33,841
12,966
33,841
Resources
Movement
expended
in funds
£
£
(104,018)
12,966
(104,018)
12,966|Net
movement
At
in funds
31.8.23
£
£
12,966
33,841
12,966
33,841
Resources
Movement
expended
in funds
£
£
(104,018)
12,966
(104,018)
12,966|
|---|---|---|
|||12,966|
A current year 12 months and prior year 12 months combined position is as follows:
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.9.22|in funds|31.8.24|
||£|£|£|
|**Unrestricted funds**||||
|General fund|20,875|9,282|30,157|
|**TOTAL FUNDS**|20,875|9,282|30,157|
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
£
234,449
234,449|Resources
Movement
expended
in funds
£
£
(225,167)
9,282
(225,167)
9,282|Resources
Movement
expended
in funds
£
£
(225,167)
9,282
(225,167)
9,282|
|---|---|---|---|
||||9,282|
continued...
Page 9
Great Clacton Pre-School Limited
Notes to the Financial Statements - continued for the Year Ended 31 August 2024
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 August 2024.
Page 10
Great Clacton Pre-School Limited
## Detailed Statement of Financial Activities for the Year Ended 31 August 2024
|Detailed Statement of Financial Activities
for the Year Ended 31 August 2024|||
|---|---|---|
||31.8.24|31.8.23|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Fundraising|-|500|
|**Charitable activities**|||
|Fees from parents|6,051|12,838|
|Fees from voucher agency|111,414|103,646|
||117,465|116,484|
|**Total incoming resources**|117,465|116,984|
|**EXPENDITURE**|||
|**Support costs**|||
|**Management**|||
|Wages|100,124|89,238|
|Premises costs|5,752|5,637|
|Insurance|964|705|
|Milk and catering|3,299|1,979|
|Administration|1,398|1,007|
|Sundries|367|174|
|Consumables|2,045|1,356|
||113,949|100,096|
|**Finance**|||
|Bank charges|110|106|
|Depreciation of tangible fixed assets|1,170|1,249|
||1,280|1,355|
|**Governance costs**|||
|Accountancy and legal fees|5,920|2,567|
|Total resources expended|121,149|104,018|
|**Net (expenditure)/income**|(3,684)|12,966|
This page does not form part of the statutory financial statements
Page 11