LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE DIRECTORS. AND TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDING 31ST AUGUST 2022 Company No. 7722052 (Registered in England and Wales) Charity No. 1132767
LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE CONTENTS Page Director's report Statement of Financial Activities Balance sheet Notes to the financial statsments 7-11 Independent Examiner's Report 12-13
LIThLE DUCKLINGS PRE-SCHQOL BASINGSTOKE REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31ST AUGUST 2022 Chairfs report The trustees are pleased lo present their annual directors, report together with the financial statements of the charity for the year ending 31 sl August 2021 which are also prepared to meet the requirements for a directors, report and acGounts for Companies Act purposes. The fin8n¢ial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum an Articles of Association, and Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Pelin Bailey Chair Page 1
LIThLE DUCKLINGS PRE-SCHOOL BASINGSTOKE REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31ST AUGUST 2022 (continued) Reforence and administrative details Charity number Company number Registered Offi 1132767 7722052 Holbein Close Ba5ingstoke Hampshire United Kingdom RG213EX Our advisors Independent Examiner Black & White Chartered Certified Accountants Bank CAF Bank Directors and trustees The directors of the charitable company (the charity) a its trustees for the purpose of charity law. The trustees and officers serving during the year 2nd since the year end were as follows. Chair.. Pelin Bailey Trustees.. Catherine Mansbridge Charlene Duplock Fe Scotting Lucy Grimes Michelle Hidson Pelin Bailey Rhiannon Baker Sarah Gardiner (appointed 08 December 20211 (appointed 08 December 20211 (appointed 08 December 2021} Directors: Catherine Mansbridge Charlene Duplock Danielle Jones Fe Scotting Frances Sorodoc Lucy Gnmes Matthew Bailey Michelle Hidson Pelin Bailey Rhiannon Baker Sarah Gardiner {¢èased 8 December 20211 (ceased 8 Decembw 20211 lappoinled 8 cie¢trmber 2Q211 (appointed 8 December 20211 {appointed 8 December 20211 (appointed 8 De¢ember 20211 Page 2
LirrLE DUCKLINGS PRE-SCHOOL BASINGSTOKE REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31ST AUGUST 2022 {contlnuedl Objects of the Charity, Prlnclpal Actlvltle5 and Oryanlsatlon of our work The charity 1$ constiluled as a company limited by guarantee, and is therefore governed by a merFrandUrn and arbcles ol association. The aims of the charity are to run a pre-school to enhance the development and education of children, prim8rily under slalulory school age by encouraging parents to understand and provide for the needs of their children through community groups and by.. al offering apwopriale play, edueation and c8re facilities, family learning and extended hours groups, together with the right of parents to tske responslbilty for and to become involved in the activitie$ of such groups, ensuring that such groups offer opportunities for all childien whatever their race, cuhure, religion, means or ability., bl encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas,. c) instigating and adhering to and furthering the aims and objects of the pre-school leaming alliance. The board of trustee5, who meet al least 12 times a year, are responsible for the administration of the charity. The day to day management is delegated to the Manager, who is responsible for the line management of the other mèmbers of the team. Trustees are appolnled by the existing board members and are drawn from interested members of the public. The trust places much reliance on the services of unpaid volunteets. This indudes the time provided by the trustees. Public Beneflt The trustees have complied with their duly to have due regard lo the guidan on public benefit as published by the Charity Commission. The trustees feel that the tharity is of public benefit. Pa9e 3
LirrLE DUCKLINGS PRE-SCHOOL BASINGSTOKE REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31ST AUGUST 2022 (continued) Trustees. ResponsibilitiÈ8 In Relation to fv Flnancial Statsments The charsty tiustees Iwho arg also the directors of Little Ducklings Preschool Basingstoke for the purposes of company lawl are responsible for preparing a trustees. annual report and financlal ststements in accordance with appli¢able18w and United Kingdom Accountillg Standards (United Kingdom Generally Accpeted A(xounting Pryactieel. Company18w requires the charity trustees lo pr8pare financial statements for each year which give a true and fair view of tl]e state of affairs of the th8rit8ble company and of the incgming resouT and application of resources. In preparing those finanrjal staternen15 the diredors are qUired to.. lil Select suitable accounting poliaes and Ihgn apply them nsIstentIy- {iil Observe the methods and principles in Ihe Charities SORP {FRS 1021 {iiil Make judgemenis and eslimales thal are reasonable and ptudent., livl State whether applicable UK accounting standards have been followed. subject to any mate#1 departures disdosed and èxplained the financial slalements., liiil Prepare the financial statements on the uoing concern basig unless it is inappropriate to presumè that the comp8ny 711 continue in business. The trustees are responsible for keeping proper 8ccounting records which disclose, with reasonable accuracy any time thè finanaa5 position of the chanty arKI to enable them to ensure that the financial st*8ments comply ¥wth the Companies Act 2(K)6. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other iTregulaiities. Th8 truslees are reSpOnsbIe for the maint8nance and integrity of the corpoTale and financial information included in the charitable company's website. Legislation in the Unilted Kingdom govemFng the pr8P8ration and dis$eminatlon of finanual statements may differ from legislation in Otherjijrlsdtion8. By order ofthè Board Signed on b8haff of the Truste8S Signature.... Pelin Bailey Chair Jun 20 2023 Page 4
LirrLE DUCKLINGS PRE-SCHOOL BASINGSTOKE STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST AUGUST 2022 Notas Unrestricted Rastricted Funds Funds 2022 2022 otal Funds 2021 2022 Incomlng Resources Income and endowments from" Charltable aclivilies Investments Other income 136,675 69 6,210 136,675 69 6,210 136,194 5,995 Totsl Income 142,953 0 142,953 142,196 Re8our¢ès èxpènded Expenditure on. Raising fLtnds Chantsble activities 164 125,554 164 0 125.554 247 133,779 Total expenditure 125.717 0 125,717 t34,027 Net incomell¢xpendlturel before investment galnsllloss8sI 17,236 17,236 8,169 Net gainsl(lossesl on investments Net Incomel(expendlturel and net movement in funds for tho year 17,236 17,236 8,169 Reconclllatlon of funds Totsl funds bToughl forward 93,491 93,491 85,322 Totsl funds caThied forward 110,727 0 110,727 93,491 Page S
LirrLE DUCKLINGS PRE-SCHOOL BASINGSTOKE BALANCE SHEET AS AT 31ST AUGUST 2021 Notes 2022 2021 Current Assets Debtors Cash al bank and in hand 107,349 93,991 107,349 93,991 Creditors: amounts falling due wilhln one year 500 5001 Not Current assets 106,849 93,491 Not assets 106.849 93,491 Capital Funds Unrostrl¢ted Funds Restricted Funds 110,727 93,491 Total funds 110,727 93,491 Approval The directors are satisfied that the company is entitled to exemption from the provisions of the Companies Act 20[ Ilhe Act) relating lo the audi( of the finanaal statements for the year by virtue ot section 477, and that no member or members have ieque$led an audit persuant to seciK)n 476 of the Aci. The diie¢ttsrs acknowledge their resptsnsibility for complying the requirementg of the Act wth respect lo accountsng records and the preparation of a<xounts. These accounts have been prepared in accordan vnth the PTovisions applicable lo cornpanies subject to the small companies regime. These financial statements were approved by the directors on and slgned by Signed on behalf of the Trustees Signature....... Pelin Bailey Director Page 6
LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 31ST AUGUST 2022 Accounting pollcles The principal accounting policies adopted, judgements and key sources of esb"rnation uncertainty in the preparation of the financial stslements are as follows.. a Basis of a¢countlng The accounts have been prepared in accordance with the Statement of Recommended Practi.. Accounting and Report"¢ng by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16th July 2014. Little Ducklings Preschool Basingsloke meets the definition of a public entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless olhenNise staled in the relevant accounting policy notes. There are no SnIficant1UdgeMents made in the process of applying the entsty's accounting policw6. b Proparatlon of the accounts on a going concern basis After reviewing the charity's forecasts and projections the trustses have a reasonable expectstion that the charty has adequate resources to continue in operational existence for the forseeable future. The charity therefore continues to adopt the 90ing concern basis in pparIng ils financial statements. c Income Fee Income Fees receivable are accounted for in the period in which the service is provtded. Donations and Segacies Donations and legacies receivable for the general purposes of the ¢harity are credited to 'unrestricted funds,. d Fund accounting Unrestricted funds are available to spend on activities that futher any of the purposes of the charity. Restricted funds are donations which the donor has specified are lo be solely used for particular areas of the chaNty's work or for specific projects being undertaken by the charity. e Expendlture and irrecoverable VAT Expenditure is recognised On there is a leg81 or conslruclive obligab.on to make a payment to a third paty. it is probable that sett1gm8ril will be required, and the amount of the obligatton can be measured reliably. Expenditure is classified under the following activity headings.. Cost of r21sing funds comprise the costs of marketing Expenditure on charitable activities includes the costs of salaries, and other actNlties undertaken to further the purposes of the charity and their ass(xiated support costs. Other expenditure represents those items not falling into any other heading Irrecoverable VAT is charged as a cost against the acts.vity for which the expenditure was ineurréd Page 7
LIThLE DUCKLINGS PRE-SCHOOL BASINGSTOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 31ST AUGUST 2022 (continued) f Allocation of Support costs Support costs are those functions that assist the work of the charity but do not directty undertake charitable a¢livity- Support costs include the costs of office salaries, and governance costs which support the charity in the provision of education. The summary of what has been included in support costs is detailed in note 6. g Cash at bank Cash at bank and in hand incILeS cash at bank and in hand_ h Creditors Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds lo a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their setuement amount. Legal sL*us of the charlty The charity is a company limited by guarantee and has no share caprtal. The liability of each meniber in the event of winding-up is limited to £1. Income from charltable a¢tivltles The in¢ome from charitable activities relates to fee income charged. Investment Income Total 2021 Interest income 69 Analysls of expendituro on charitable activilies Notes Ducklings Quackers 2022 2022 Total 2022 Salaries and benefits Insurance Premises Costs Governance costs Support costs 74,4S1 2,082 14,872 1,274 4,735 20,798 95,249 2.082 19,503 1,S40 7,180 4,632 265 2.445 97,414 28,140 125,554 Page 8
LIThLE DUCKLINGS pRECHOOL BASINGSTOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 31ST AUGUST 2022 (continued) Analysis of governance and support costs The charty initially identifies the costs of its support functions. 11 then identifies those costs which late lo the governan fijnction. Having identified ils govornance costs. the remaining sUPPOrt Gosls together with the governance costs are apportioned between the two charitable aclniilies undertaken in the year. Refer to the table below for the basis of apportionment and the analysis of support and govern8n¢e costs. Ducklings Quackers 2022 2022 Total 2022 Govornance Costs Professional fees Membership Bank charges 745 437 93 137 35 93 882 472 186 1,274 265 1.540 Ducklings Quaekers 2022 2022 Total 2022 Support costs Deposits returned Fundraising stationery Equipment Café Telephone Cleaning Uniforms Presents 65 546 701 1,593 34 774 65 612 701 2,633 1,296 774 851 39 211 66 1,040 1,262 39 32 179 4,735 2,445 7,180 Not Incomel{expfrnditurg) for thg year Total 2022 This is stated after charying: Depreciation of tangible fixed assets owned by the charity Independent Examinerfs Fees 500 Page 9
LITTLE DUCKLINGS PRE-SCHOOL BASINGSTOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 31ST AUGUST 2022 (continued) Analys16 of staff costs. trustee remuneration and expenses Total 2022 Total 2021 Salaries and wages Pension costs Training 92,201 2,432 616 100,688 2,570 346 95,249 103,604 2022 2021 Creditors: amounts falllng due withln one year Accruals 500 500 500 500 10 Trustggs. 8xpen$e$ No expenses were paid to any Trustee5 during the year, except to re-imburse them for purchases or out of pocket expenses made on behalf of the charitable company 11 Unr#strlcled funds All unrestricted funds held are unrestricted and available lo be applied in fL6rtherance of Little Ducklings, charitable objectives at the dis¢retson of the Trustees. 12 Reserves Policy The trustees have reviewed the charitys needs for reserves, in line with the guidance issued by the Charity Commission, and have set aside or designated £45,000 to safeguard the charity's service commitment in the event of delays in reIpt of grarsls or a¢crued legacies. This approximates to three months running ¢osts. The Trustees believes that reserves should be at least at this level to ensure the charity can run efficiently and meet the n&ds of the beneficiaries. 13 Related party Iransactions There are no related paty transactions to report. Page 10
LILE DUCKLINGS PRE-SCHOOL BASINGSTOKE MANAGEMENT INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST AUGUST 2022 Ducklin Dueklin Total 2022 2022 2022 2021 2021 2021 Incoming Re50urce5 HCC Fundin9 Grant Other Grants Fees from Parents Other Deposits Fundraising Interest received 78,050 2,159 16,455 5,360 0 78.050 2,159 39.920 56,375 5,368 90 842 69 86,255 2,457 16,113 4,626 86.255 2,457 47,282 4,638 200 1,357 31,169 90 200 1,357 46 22 Total in¢oming rg$ourcos 102,913 40.040 142,953 110,812 31,384 142,196 R8sour¢es expended Rènt Rate$ 9,027 2,055 2,362 71,492 2,432 810 9.027 2,055 4,608 6.970 20,709 92,201 2,432 9,884 170 3,1 81,613 2,570 731 9.884 179 3,196 100,688 2,570 856 130 941 268 89 3,747 585 346 3,375 247 890 1.897 1.216 990 673 1,035 57 188 Salaries Pensions Professional fees Deposits returned Bin Fundraising Unifomis Maintenanco Membership Trsining Insurance Marketing Stationery Equipment Cafe Free School Meals Phone Cleaning Presents Bank charges 19,075 137 125 130 737 201 737 267 39 1,451 472 616 2,082 164 701 1,040 1,895 1.262 1,296 345 774 851 211 186 941 268 14 3,747 456 346 3,375 136 854 1,615 37 990 673 1,019 38 39 23 35 89 76 1,428 437 527 2,082 23 701 855 128 141 36 282 1,179 345 rK4 17 179 32 Total resources expended 97,437 28.280 125,717 112,755 21.271 134,027 Net incoming resources for the year 5,476 11,759 17,236 1,943 10.112 8,169 STATEMENT OF ASSETS Bank Balances at year end Balance blAvd @ 1st September 2020 93,491 85,322 Net incoming resources for the year 17,236 Balance clfvKI @ 31si August 2021 110,727 93,491 Page11
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts • Section A Independent Examiner's Report Report to the trustees LIThLE DUCKLINGS PRE-SCHOOL BASINGSTOKE On accounts for the year èndèd 31 August 2022 Charlty no {if any) 1132767 I report to thè trust88s on my examination of the accounts of the above ¢harity {"the Trust") for the year ended 31108 12022. Responsibilities and basis of report As the charity's trustees, 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 Trust'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 14515)(bl of the Act. Independent IThe charity's gross income exeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualified member of linsert name of applicable listed body]l. Delete I l if not applicable. I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination {other than that disclosed below ") which gives me cause to believe that in, any merial respect: the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Please delete the words in the brackets if they do not apply. Signed: Date: 1410612023 Name: Mr Jonathan David Mills BS¢ (Hons) CA ACCA Relevant professional qualification(sl or body (if anyl: ICAS and ACCA Address: Black & White Accounting Limited, 2-3 Stsble Court, Herriard Park, Basingstoke. Hants. RG25 2PL Page 12
Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examinalion of charity accounts= directions and guidan for examiners). Give here brièf details of any items that the examiner wishes to disclose. NIA Page 13