B E R N A R D R O G E R S & CO
CHARTERED ACCOUNTANTS BANK GALLERY HIGH STREET KENILWORTH WARWICKSHIRE CV8 1LY WWW.BERNARD-ROGERS.CO.UK TEL: +44 (0) 1926 851516 FAX: +44 (0) 1926 864665
Mr M Elliot Sunbeams Pre-School (Radford Semele) School Lane Radford Semele Leamington Spa Warwickshire
01/04/2021
Dear Mark
Re: Accounts to 31/07/2020
We have uploaded a copy of the accounts to OpenSpace for your approval.
We would be grateful if you could read through the accounts and approve them via OpenSpace as soon as possible. Once we have your approval, we can file them at Companies House and we assume that you will file with the Charity Commission.
Finally, as this brings your affairs to an appropriate point in time I attach a note of my charges for your kind attention please.
Yours sincerely
DARREN OWEN
BERNARD ROGERS & CO IS THE TRADING NAME OF KENILWORTH ACCOUNTANCY LIMITED REGISTERED IN ENGLAND & WALES. COMPANY NO. 6724554
REGISTERED COMPANY NUMBER: 07258882 (England and Wales) REGISTERED CHARITY NUMBER: 1137023
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2020
FOR
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
Bernard Rogers & Co Bank Gallery High Street Kenilworth Warwickshire CV8 1LY
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 July 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 13 |
| Detailed Statement of Financial Activities | 14 |
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
REPORT OF THE TRUSTEES
for the Year Ended 31 July 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2020. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity aims to provide pre-school education to children from the village and surrounding area.
At Sunbeams, we feel, it is vitally important to us to provide a happy atmosphere where children, and their families, feel secure and cared for.
We aim to present learning opportunities in stimulating, diverse and fun ways so that children leave us feeling confident and well-prepared for school. These activities are provided during free play and through small and large group activities.
The pre-school provides a cosmopolitan and exciting cultural environment that promotes learning with equal opportunities for all. Your child will have the opportunity to choose to play indoors or outdoors for the bulk of their session. In addition to a wonderfully equipped garden, the nursery has fantastic opportunities for indoor activities too.
Collaborative play, problem solving and independent learning are all promoted throughout the day to help prepare children for school.
Public benefit
The Trustees confirm that they have had regard to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's objectives.
Volunteers
The charity makes use of volunteers. These contributions cannot be reliably quantified and these services are therefore not recognised in the financial statements.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
During the year, pre-school education has been provided to 34 children.
During the year, the net expenditure amounted to £2,595 (2019: net expenditure of £10,057). This is an improvement on the previous year though both income and expenditure increased.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
New trustees are recruited from the parents and other carers of the children attending the pre-school.
Organisational structure
The day-to-day running of the pre-school is managed by the Principal, Mrs Heidi Saunders.
Key management remuneration
The setting of pay for key personnel is agreed by the Committee.
Page 1
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
REPORT OF THE TRUSTEES for the Year Ended 31 July 2020
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07258882 (England and Wales)
Registered Charity number
1137023
Registered office
School Lane Radford Semele Leamington Spa Warwickshire
Trustees
L Johnson G Jakeman J Cross R L Johnson S Gibbs Mrs H Cartwright M J Elliott Miss E A Hopkins Mrs I C Paraschiv V P Xavier
Company Secretary
G Jakeman
Independent Examiner
Bernard Rogers & Co Bank Gallery High Street Kenilworth Warwickshire CV8 1LY
COMMENCEMENT OF ACTIVITIES
The charity was formed to continue the work of a previous unincorporated charity, registered number 1093257. The funds transferred from that charity have been included within Voluntary income on the Statement of Financial Activity.
Approved by order of the board of trustees on 30 March 2021 and signed on its behalf by:
M J Elliott - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
Independent examiner's report to the trustees of Sunbeams Pre-School (Radford Semele) ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2020.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
D Rogers Bernard Rogers & Co Bank Gallery High Street Kenilworth Warwickshire CV8 1LY
Date: .............................................
Page 3
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 July 2020
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies - Charitable activities Pre School 98,797 Other trading activities 2 1,294 Total 100,091 EXPENDITURE ON Charitable activities Pre School 97,425 NET INCOME/(EXPENDITURE) 2,666 RECONCILIATION OF FUNDS Total funds brought forward 39,458 TOTAL FUNDS CARRIED FORWARD 42,124 |
Restricted funds £ - - - - 5,261 (5,261) 30,925 25,664 |
2020 Total funds £ - 98,797 1,294 100,091 102,686 (2,595) 70,383 67,788 |
2019 Total funds £ 1,000 73,783 1,403 76,186 86,243 (10,057) 80,440 70,383 |
|---|---|---|---|
The notes form part of these financial statements
Page 4
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
BALANCE SHEET 31 July 2020
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 - CURRENT ASSETS Debtors 8 1,203 Cash at bank and in hand 44,035 45,238 CREDITORS Amounts falling due within one year 9 (3,114) NET CURRENT ASSETS 42,124 TOTAL ASSETS LESS CURRENT LIABILITIES 42,124 NET ASSETS 42,124 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 25,664 - - - - - 25,664 25,664 |
2020 Total funds £ 25,664 1,203 44,035 45,238 (3,114) 42,124 67,788 67,788 42,124 25,664 67,788 |
2019 Total funds £ 30,925 1,195 41,718 42,913 (3,455) 39,458 70,383 70,383 39,458 30,925 70,383 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 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.
The notes form part of these financial statements
Page 5
continued...
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
BALANCE SHEET - continued 31 July 2020
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 30 March 2021 and were signed on its behalf by:
M J Elliott - Trustee
The notes form part of these financial statements
Page 6
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 July 2020
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.
Short leasehold - in accordance with the property Plant and machinery - 20% on cost Computer equipment - 33% on cost
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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 7
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 July 2020
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Fundraising events | 1,294 | 1,403 |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 2020 | 2019 | |
| £ | £ | |
| Independent examiner's remuneration | 834 | 840 |
| Depreciation - owned assets | 5,261 | 5,548 |
| Other operating leases | 250 | 250 |
3. NET INCOME/(EXPENDITURE)
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2020 nor for the year ended 31 July 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2020 nor for the year ended 31 July 2019.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Manager Other |
2020 1 6 7 |
2019 1 7 |
|---|---|---|
| 8 |
No employees received emoluments in excess of £60,000.
continued...
Page 8
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 July 2020
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL | COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| £ | £ | £ | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 1,000 | - | 1,000 | ||
| Charitable activities | |||||
| Pre School | 73,783 | - | 73,783 | ||
| Other trading activities | 1,403 | - | 1,403 | ||
| Total | 76,186 | - | 76,186 | ||
| EXPENDITURE ON | |||||
| Charitable activities | |||||
| Pre School | 80,695 | 5,548 | 86,243 | ||
| NET INCOME/(EXPENDITURE) | (4,509) | (5,548) | (10,057) | ||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 43,967 | 36,473 | 80,440 | ||
| TOTAL FUNDS CARRIED FORWARD | 39,458 | 30,925 | 70,383 | ||
| 7. | TANGIBLE FIXED ASSETS | ||||
| Short | Plant and | Computer | |||
| leasehold | machinery | equipment | Totals | ||
| £ | £ | £ | £ | ||
| COST | |||||
| At 1 August 2019 and 31 July 2020 | 76,988 | 23,188 | 4,411 | 104,587 | |
| DEPRECIATION | |||||
| At 1 August 2019 | 46,191 | 23,188 | 4,283 | 73,662 | |
| Charge for year | 5,133 | - | 128 | 5,261 | |
| At 31 July 2020 | 51,324 | 23,188 | 4,411 | 78,923 | |
| NET BOOK VALUE | |||||
| At 31 July 2020 | 25,664 | - | - | 25,664 | |
| At 31 July 2019 | 30,797 | - | 128 | 30,925 |
continued...
Page 9
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 July 2020
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| £ | £ | |||
| Prepayments and accrued income | 1,203 | 1,195 | ||
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2020 | 2019 | |||
| £ | £ | |||
| Other creditors | 3,114 | 3,455 | ||
| 10. | LEASING AGREEMENTS | |||
| Minimum lease payments under non-cancellable operating leases fall due as follows: | ||||
| 2020 | 2019 | |||
| £ | £ | |||
| Within one year | 250 | 250 | ||
| Between one and five years | 1,021 | 1,000 | ||
| In more than five years | - | 271 | ||
| 1,271 | 1,521 | |||
| 11. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.8.19 | in funds | 31.7.20 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 39,458 | 2,666 | 42,124 | |
| Restricted funds | ||||
| Building Fund | 30,797 | (5,133) | 25,664 | |
| WCC Training | 128 | (128) | - | |
| 30,925 | (5,261) | 25,664 | ||
| TOTAL FUNDS | 70,383 | (2,595) | 67,788 |
continued...
Page 10
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 July 2020
11. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Building Fund WCC Training TOTAL FUNDS |
Incoming resources £ 100,091 - - - 100,091 |
Resources Movement expended in funds £ £ (97,425) 2,666 (5,133) (5,133) (128) (128) (5,261) (5,261) (102,686) (2,595) |
Resources Movement expended in funds £ £ (97,425) 2,666 (5,133) (5,133) (128) (128) (5,261) (5,261) (102,686) (2,595) |
|---|---|---|---|
| (5,261) | |||
| (2,595) |
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.8.18 | in funds | 31.7.19 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 43,967 | (4,509) | 39,458 |
| Restricted funds | |||
| Building Fund | 35,930 | (5,133) | 30,797 |
| WCC Training | 543 | (415) | 128 |
| 36,473 | (5,548) | 30,925 | |
| TOTAL FUNDS | 80,440 | (10,057) | 70,383 |
continued...
Page 11
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 July 2020
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 76,186 | (80,695) | (4,509) |
| Restricted funds | |||
| Building Fund | - | (5,133) | (5,133) |
| WCC Training | - | (415) | (415) |
| - | (5,548) | (5,548) | |
| TOTAL FUNDS | 76,186 | (86,243) | (10,057) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.8.18 | in funds | 31.7.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 43,967 | (1,843) | 42,124 |
| Restricted funds | |||
| Building Fund | 35,930 | (10,266) | 25,664 |
| WCC Training | 543 | (543) | - |
| 36,473 | (10,809) | 25,664 | |
| TOTAL FUNDS | 80,440 | (12,652) | 67,788 |
continued...
Page 12
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 July 2020
11. MOVEMENT IN FUNDS - continued
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 Restricted funds Building Fund WCC Training TOTAL FUNDS |
Incoming resources £ 176,277 - - - 176,277 |
Resources Movement expended in funds £ £ (178,120) (1,843) (10,266) (10,266) (543) (543) (10,809) (10,809) (188,929) (12,652) |
|---|---|---|
Fund Descriptions
The Building Fund is a restricted fund relating to the improvement of the building.
The Training fund relates to a University of Warwick grant in a prior year used to purchase capitalised computer equipment.
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2020.
Page 13
SUNBEAMS PRE-SCHOOL (RADFORD SEMELE)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 July 2020
| INCOME AND ENDOWMENTS Donations and legacies Donations Other trading activities Fundraising events Charitable activities Fees Grants Total incoming resources EXPENDITURE Charitable activities Wages Pensions Other operating leases Rates and water Insurance Light and heat Telephone Postage and stationery Other charitable expenses Repairs Short leasehold Computer equipment Support costs Governance costs Independent examiner's remuneration Professional fees Total resources expended Net expenditure |
2020 £ - 1,294 92,797 6,000 98,797 100,091 72,077 2,153 250 294 1,435 2,174 1,352 180 5,288 9,579 5,133 128 100,043 834 1,809 2,643 102,686 (2,595) |
2019 £ 1,000 1,403 73,783 - 73,783 76,186 63,176 722 250 468 1,430 1,400 900 240 5,821 3,283 5,133 415 83,238 840 2,165 3,005 86,243 (10,057) |
|---|---|---|
This page does not form part of the statutory financial statements
Page 14
B E R N A R D R O G E R S & C O
BANK GALLERY HIGH STREET KENILWORTH WARWICKSHIRE CV8 1LY WWW.BERNARDROGERS.CO.UK TEL: +44(0) 1926 851516 INVOICE Sunbeams Pre-School (Radford Semele) School Lane Radford Semele Leamington Spa Warwickshire Invoice Number: 23553 Date: 31 March 2021 Client ID: SU300
To : Preparation of Accounts for the year ended 31 July 2020. Submission of fair copies to yourself and the Registrar of Companies and dealing with your affairs generally during the year. 725.00 VAT at 20% 145.00 _ £ 870.00
To pay by BACS Account Name: Kenilworth Accountancy Limited Account No: 29890468 Sort Code: 30-94-93
Please quote invoice number as reference
Terms: Strictly 30 days from date of invoice VAT Number: 948 7291 71
BERNARD ROGERS IS THE TRADING NAME OF KENILWORTH ACCOUNTANCY LIMITED REGISTERED IN ENGLAND AND WALES. COMPANY NUMBER 6724554