Company registration number: 07258882 Charity registration number: 1137023
## Sunbeams Pre-School (Radford Semele)
Annual Report and Financial Statements
for the Year Ended 31 July 2022
Randhawa Enterprises Limited 44 Hardwick Field Lane Warwick Warwickshire CV34 6LN
## **Sunbeams Pre-School (Radford Semele)**
## **Contents**
|Trustees' Report|1 to 3|
|---|---|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5 to 6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 to 12|
## **Sunbeams Pre-School (Radford Semele)**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 July 2022.
## **Objectives and activities**
## _**Objects 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 complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## _**Use of volunteers**_
The charity makes use of volunteers. These contributions cannot be reliably quantified and these services are therefore not recognised in the financial statements.
## **Achievements and performance**
During the year, pre-school education has been provided to 35 children (2021: 44 children).
During the year, the net expenditure amounted to £6,916 (2021: net income of £8,298). This is adverse to the previous year due to lower income due to a lower number of children and and higher expenditure in proportion to the annual income.
Page 1
## **Sunbeams Pre-School (Radford Semele)**
## **Trustees' Report**
## **Reference and Administrative Details**
Charity Registration Number: 1137023 Company Registration Number: 07258882 The charity is incorporated in Wales. Registered Office: School Lane Radford Semele Leamington Spa Warwickshire CV31 1TQ Independent Examiner: Randhawa Enterprises Limited 44 Hardwick Field Lane Warwick Warwickshire CV34 6LN
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Ms Roseanne Thomas (appointed 21 September 2021) Mrs Megan Judith Kilmartin, Treasurer, Treasurer (appointed 10 January 2022) Ms Kimberley Jayne McGowan Ms Laura Rachel Francis (appointed 9 September 2022) Chairman: Ms Laura Rachel Francis (appointed 9 September 2022) Secretary: Ms Roseanne Thomas (appointed 21 September 2021)
## **Structure, governance and management**
## _**Nature of 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 trustees**_
New trustees are recruited from the parents and other carers of the children attending the pre-school.
## _**Arrangements for setting key management personnel remuneration**_
The setting of pay for key personnel is agreed by the Committee.
Page 2
## **Sunbeams Pre-School (Radford Semele)**
## **Trustees' Report**
## _**Organisational structure**_
The day-to-day running of the pre-school is managed by the Principal, Mrs Tracy Jane Owen.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
## Megan Kilmartin
.........................................Megan Kilmartin (Mar 27, 2023 22:27 GMT+1) Mrs Megan Judith Kilmartin Trustee
Page 3
## **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 2022.
## **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 Sunbeams Pre-School (Radford Semele) 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:
1. accounting records were not kept in respect of Sunbeams Pre-School (Radford Semele) as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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.
Parminder Randhawa-Rehal (Mar 27, 2023 22:30 GMT+1) ...................................... Randhawa Enterprises Limited
44 Hardwick Field Lane Warwick Warwickshire CV34 6LN
Date:.............................
Page 4
## **Sunbeams Pre-School (Radford Semele)**
## **Statement of Financial Activities for the Year Ended 31 July 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Charitable activities
2
Fundraising
3
Total income
**Expenditure on:**
Raising funds
Charitable activities
Other expenditure
4
Total expenditure
Net expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
12
**Note**
**Income and Endowments from:**
Charitable activities
2
Fundraising
3
Total income
**Expenditure on:**
Raising funds
Charitable activities
Total expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
12|**Unrestricted**
**funds**
**£**
98,205
7,315
105,520
(2,390)
(104,311)
-
(106,701)
(1,181)
(1,181)
55,383
54,202
**Unrestricted**
**funds**
**£**
121,189
3,945
125,134
(1,100)
(110,775)
(111,875)
13,259
13,259
42,124
55,383|**Restricted**
**funds**
**£**
-
-
-
-
-
(5,735)
(5,735)
(5,735)
(5,735)
20,703
14,968
**Restricted**
**funds**
**£**
-
-
-
-
(4,961)
(4,961)
(4,961)
(4,961)
25,664
20,703|**Total**
**2022**
**£**
98,205
7,315|
|---|---|---|---|
||||105,520|
||||(2,390)
(104,311)
(5,735)|
||||(112,436)|
||||(6,916)|
||||(6,916)
76,086|
||||69,170|
||||**Total**
**2021**
**£**
121,189
3,945|
||||125,134|
||||(1,100)
(115,736)|
||||(116,836)|
||||8,298|
||||8,298
67,788|
||||76,086|
The notes on pages 8 to 12 form an integral part of these financial statements.
Page 5
## **Sunbeams Pre-School (Radford Semele)**
## **Statement of Financial Activities for the Year Ended 31 July 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
The funds breakdown for 2021 is shown in note 12.
The notes on pages 8 to 12 form an integral part of these financial statements. Page 6
## **Sunbeams Pre-School (Radford Semele)**
## **(Registration number: 07258882) Balance Sheet as at 31 July 2022**
|**Note**
**Fixed assets**
Tangible assets
7
**Current assets**
Debtors
8
Cash at bank and in hand
9
**Creditors: Amounts falling due within one year**
10
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
**Unrestricted income funds**
Unrestricted funds
**Total funds**
12|**2022**
**£**
33,964
29,061
36,595
65,656
(30,450)
35,206
69,170
14,968
54,202
69,170|**2021**
**£**
20,703
1,846
57,763|
|---|---|---|
|||59,609
(4,226)|
|||55,383|
|||76,086|
|||20,703
55,383|
|||76,086|
For the financial year ending 31 July 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 5 to 12 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
## Megan Kilmartin
Megan Kilmartin (Mar 27, 2023 22:27 GMT+1).........................................
Mrs Megan Judith Kilmartin Trustee
The notes on pages 8 to 12 form an integral part of these financial statements.
Page 7
## **Sunbeams Pre-School (Radford Semele)**
## **Notes to the Financial Statements for the Year Ended 31 July 2022**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
Sunbeams Pre-School (Radford Semele) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Exemption from preparing a cash flow statement**
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Income and endowments**
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.
## _**Grants receivable**_
Funding is received from Warwickshire County Council for: Government funded hours for 3 and 4 year olds.
Early Year Pupil Premium funding for children meeting particular funding criteria.
## _**Deferred income**_
Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:
-The parents have paid for unfunded hours in advance of the financial year.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.
Page 8
## **Sunbeams Pre-School (Radford Semele)**
## **Notes to the Financial Statements for the Year Ended 31 July 2022**
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
## **Asset class**
Short leasehold
## **Depreciation method and rate**
in accordance with the property (mainly 15 years)
## **Trade debtors**
Trade debtors are amounts due from parents for non-funded hours.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Hire purchase and finance leases**
## **Pensions and other post retirement obligations**
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.
## **2 Income from charitable activities**
Page 9
## **Sunbeams Pre-School (Radford Semele)**
## **Notes to the Financial Statements for the Year Ended 31 July 2022**
|Pre School
**Total for 2022**
**Total for 2021**
**3**
**Income from other trading activities**
Local fundraising
**Total for 2022**
**Total for 2021**
**4**
**Other expenditure**
**Note**
Depreciation, amortisation and other similar costs
**Note**
Depreciation, amortisation and other similar costs
**Total for 2022**|**Unrestricted**
**funds**
**General**
**£**
98,438
98,438
121,189
**Unrestricted**
**funds**
**General**
**£**
7,315
7,315
3,945
**Restricted**
**funds**
**£**
5,735
5,735
**Restricted**
**funds**
**£**
5,735
5,735|**Total**
**funds**
**£**
98,438|
|---|---|---|
|||98,438|
|||121,189|
|||**Total**
**funds**
**£**
7,315|
|||7,315|
|||3,945|
|||**Total**
**2022**
**£**
5,735|
|||5,735|
|||**Total**
**funds**
**£**
5,735|
|||5,735|
Page 10
## **Sunbeams Pre-School (Radford Semele)**
## **Notes to the Financial Statements for the Year Ended 31 July 2022**
## **5 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
## **6 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **7 Tangible fixed assets**
|**Cost**
At 1 August 2021
At 31 July 2022
**Depreciation**
Charge for the year
At 31 July 2022
**Net book value**
At 31 July 2022
At 31 July 2021|**Land and**
**buildings**
**£**
95,984
95,984
62,020
62,020
33,964
95,984|**Total**
**£**
95,984|
|---|---|---|
|||95,984|
|||62,020|
|||62,020|
|||33,964|
|||95,984|
Included within the net book value of land and buildings above is £Nil (2021 - £Nil) in respect of freehold land and buildings and £33,964 (2021 - £20,703) in respect of leaseholds.
## **8 Debtors**
|Prepayments
Other debtors
**9**
**Cash and cash equivalents**
Cash at bank|**2022**
**£**
577
28,484
29,061
**2022**
**£**
36,595|**2021**
**£**
1,407
439|
|---|---|---|
|||1,846|
|||**2021**
**£**
57,763|
Cash at bank Page 11
## **Sunbeams Pre-School (Radford Semele)**
## **Notes to the Financial Statements for the Year Ended 31 July 2022**
## **10 Creditors: amounts falling due within one year**
|Other taxation and social security
Other creditors
Accruals
Deferred income|**2022**
**£**
-
1,475
250
28,725
30,450|**2021**
**£**
530
538
2,096
1,062|
|---|---|---|
|||4,226|
## **11 Share capital**
## **12 Funds**
|**12 Funds**|||||
|---|---|---|---|---|
|**Unrestricted funds**
General
**Restricted funds**
**Total funds**
**Unrestricted funds**
General
**Restricted funds**
**Total funds**|**Balance at 1**
**August 2021**
**£**
55,383
20,703
76,086
**Balance at 1**
**August 2020**
**£**
42,124
25,664
67,788|**Incoming**
**resources**
**£**
105,520
-
105,520
**Incoming**
**resources**
**£**
125,134
-
125,134|**Resources**
**expended**
**£**
(106,701)
(5,735)
(112,436)
**Resources**
**expended**
**£**
(111,875)
(4,961)
(116,836)|**Balance at 31**
**July 2022**
**£**
54,202
14,968|
|||||69,170|
|||||**Balance at 31**
**July 2021**
**£**
55,383
20,703|
|||||76,086|
Page 12
## **Sunbeams Pre-School (Radford Semele)**
## **Statement of Financial Activities by fund for the Year Ended 31 July 2022**
## **Unrestricted Funds**
|**Income and Endowments from:**
Charitable activities
Fundraising
Total income
**Expenditure on:**
Raising funds
Charitable activities
Total expenditure
Net (expenditure)/income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Unrestricted**
**Funds**
**2022**
**£**
98,205
7,315
105,520
(2,390)
(104,311)
(106,701)
(1,181)
(1,181)
55,383
54,202|**Total**
**Unrestricted**
**Funds**
**2021**
**£**
121,189
3,945|
|---|---|---|
|||125,134|
|||(1,100)
(110,775)|
|||(111,875)|
|||13,259|
|||13,259
42,124|
|||55,383|
This page does not form part of the statutory financial statements. Page 13
## **Sunbeams Pre-School (Radford Semele)**
## **Statement of Financial Activities by fund for the Year Ended 31 July 2022**
## **Restricted Funds**
|**Restricted Funds**|||
|---|---|---|
|**Income and Endowments from:**
**Expenditure on:**
Charitable activities
Other expenditure
Total expenditure
Net expenditure
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Restricted**
**Funds**
**2022**
**£**
-
(5,735)
(5,735)
(5,735)
20,703
14,968|**Total**
**Restricted**
**Funds**
**2021**
**£**
(4,961)
-|
|||(4,961)|
|||(4,961)
25,664|
|||20,703|
This page does not form part of the statutory financial statements. Page 14
## **Sunbeams Pre-School (Radford Semele)**
## **Detailed Statement of Financial Activities for the Year Ended 31 July 2022**
|**Income and Endowments from:**
Charitable activities (analysed below)
Fundraising (analysed below)
Total income
**Expenditure on:**
Raising funds (analysed below)
Charitable activities (analysed below)
Other expenditure (analysed below)
Total expenditure
Net (expenditure)/income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**2022**
**£**
98,205
7,315
105,520
(2,390)
(104,311)
(5,735)
(112,436)
(6,916)
(6,916)
76,086
69,170|**Total**
**2021**
**£**
121,189
3,945|
|---|---|---|
|||125,134|
|||(1,100)
(115,736)
-|
|||(116,836)|
|||8,298|
|||8,298
67,788|
|||76,086|
This page does not form part of the statutory financial statements. Page 15
## **Sunbeams Pre-School (Radford Semele)**
## **Detailed Statement of Financial Activities for the Year Ended 31 July 2022**
|**_Charitable activities_**
UK Government grants
Fees and supplies
**_Fundraising_**
Fundraising
**_Raising funds_**
Other fundraising costs
Staff entertaining (allowable for tax)
Legal and professional fees
**_Charitable activities_**
Direct costs
Wages and salaries
Staff pensions (Defined contribution) - pension scheme 1
Staff training
Sundry expenses
Rent
Rates
Light, heat and power
Insurance
Repairs and maintenance
Depreciation of short leasehold
Telephone and internet
Computer software and maintenance costs
Printing, postage and stationery
Subscriptions
Cleaning
Advertising
Accountancy fees / Independent examiner's fee
Bank charges|**Total**
**2022**
**£**
85,685
12,520
98,205
7,315
7,315
(2,076)
(289)
(25)
(2,390)
(3,286)
(78,545)
(1,429)
(547)
(174)
(250)
(524)
(631)
(2,157)
(1,272)
-
(970)
(418)
(4,762)
(427)
(4,727)
(37)
(4,150)
(5)
(104,311)|**Total**
**2021**
**£**
105,048
16,141|
|---|---|---|
|||121,189|
|||3,945|
|||3,945|
|||(1,100)
-
-|
|||(1,100)|
|||(3,604)
(88,112)
(1,198)
(889)
(881)
(250)
(25)
(618)
(622)
(1,114)
(4,961)
(1,873)
(390)
(2,069)
(473)
(6,606)
-
(2,051)
-|
|||(115,736)|
This page does not form part of the statutory financial statements. Page 16
## **Sunbeams Pre-School (Radford Semele)**
## **Detailed Statement of Financial Activities for the Year Ended 31 July 2022**
|**_Other expenditure_**
Depreciation of short leasehold|**Total**
**2022**
**£**
(5,735)
(5,735)|**Total**
**2021**
**£**
-|
|---|---|---|
|||-|
This page does not form part of the statutory financial statements. Page 17
## 2022 Sunbeams Pre-School (Radford Semele) Accounts Final
## Final Audit Report
2023-03-27
Created: 2023-03-27 By: Parminder Randhawa-Rehal (pam.rehal@aims.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAWVMf0eLBT_hr6fEeBbEwoXJ1FoHLU9bX
## "2022 Sunbeams Pre-School (Radford Semele) Accounts Final" History
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