LANGHAM PRE-SCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2024 Gcorgc Pcarcc & Co. Accountants, Tax & Busincss Adviscrs The Forge, Langham, Colchcstcr, Essex, C04 5PX Telephoiic: 01206 322826 Facsiniitc: 0844 358 5835 LANGHAM PRE-SCHOOL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES We report on the accounts of the Charity for the year ended 31 st July 2024. which are set out on pages 2 to d RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND INDEPENDENT EXAMINERS The charity's trustees are responsible for the preparation of the accounts and they consider that the Charities Act 1993 S43(2)(audit requirement) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity commissioners under S43 (7)(b) of the Act, whether particular matters have come to our attention. BASIS OF EXAMINERIS REPORT Our examination was carried out in accordance with the General directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosui.es in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, we do not express an audit opinion on the view given by the accounts. INDEPENDENT ELIMINER'S STATEMENT No matter has come to our attention in connection with our examination which gives us reasonable cause not to believe that in any material respect: i) accounting records have been kept in accordance with section 41 of the Act. and li ) the financial statements accord with those records; and comply with the accounting requirements of the Act. No matter has come to our attention in connection to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. The For eLan ham Colchester C04 5PX. Geor e Pearce & Co. Chartered Accountants Dated: 8th December 2024 LANGHAM PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST JULY 2024 Year ended to 31st Jul 2024 Year ended to 31st Jul 2023 INCOME.. Fees char 114,382 107,964 Net fund raisin and other income 58 Net "SEND" income/ cost (1,815) 7,215 Net T Shirt income/ cost (120) (17) Gross Bank interest 90 36 Total Income 112,595 115,542 EXPENDITURE.. Rent Insurances Telephone Salaries Courses and training Refreslllnents Advertising Materials, stationery and postages Sundry expenses Cleaning Leasing costs Repairs, maintenance & equipment Depreciation of equipment NET JJVCOME LOSS FOR TIIE YEAR ON ORDI]VAR YA CTIVITIES lus brou 6,147 1,026 335 100,904 112 490 347 4,353 4,020 1,444 6,117 979 364 93,391 876 155 335 1,749 3,749 815 36 119,178 108,566 (6,583) 6,976 ht forward at I st Au SURPLUS CARRIED FOR WARD A T31STJUL Y2024 st 2023 52,804 45,828 £46,221 £52,804 LANGHAM PRE-SCHOOL BALANCE SHEET AT 31ST JULY 2024 31st Julv 2024 31st Julv 2023 Equipment and furniture Cost Depreciation 11,412 9,912 11,412 9,912 1,500 1,500 Cash at bank Current accounts Deposit account 42,796 8,790 25 41,204 8,664 Cash in hand 51,611 194 50,062 53,111 51,562 Creditors & Accruals for expenditure NETASSETS (6,890) (5,734) £46,221 £45,828 Accumulated fund sur lus 46,221 52,804 UNRESTRICTED FUNDS £46,221 £52,804 Approved by the management committee on 8th December 2024 and signed on its behalf by: .SALLIE WEST............... TRUSTEE LANGHAM PRE-SCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2024 l. Accountin olicies The financial statements are prepared under the historical cost convention in accordance with relevant accounting standards and in accordance with the statement of recommended practice (SORP 2008). There is one minor departure from the SORP: (i) "Fund raising activities" is shown net of expenditure as the trustees believe that to separate income and expenditure does not help the understanding of these statements and is misleading. b) Income includes all sources of income, including bank interest received, donations and fund raising activities. Income is recognised when the charity becomes entitled to the resources, when the trustees are certain they will receive the resources and when the monetary value can be measured with sufficient reliability. enditure includes accruals and prepayments where applicable. 2. Charitable Status The Langham Pre-school has converted from a limited company to a CIO" a Charitable Incorporated Organisation, registered charity with the Charity Commission, no: 1135120.