Company re8istrdtiOn number. 07258882 Chatity registration number. 1137023 Sunbeams Pre-school (Radford Semele) Annual Report and Fin8ncial Sements for the Year Ended 31 July 2024 Randha Enterprises Lirnited Just Nice House- Offjce 4 Millers Road walek Warwiekshir¢ CV34 SAE Nlll AEIHf18ZI COMPANIES HOUSE
Sunbeams Pre-S¢hool O12dford Semele) Contents Trustees. Report Ito3 Independet)t Examin*s Rwrt Statement of Firtan¢ial Activhties Balance Shcct Notes to the Financial Staternents 710 11
Sunbeams Pre-sebool Oiadford Semele) Trustees, Report The trustees. who are dire¢tory for the purpose5 of company law. prc5cnt the atthual report together with the financial s¢tA anil auditors. report of the charitable company for the yw end¢d 31 July 2024. Objectives and ctivities Objects oims Th¢ ¢harity aims to provide pre-school education to children from the village and suttounding area. At Sunbeams, we feel, it is vitally iMit to U5 to FVIde a happy atmosphere where children. aTwJ their families, feel 5ccure and cared for. We aim to present learning opwirtunities ID SliiiJulin& divrr5e and ways $0 that children leave us ftelt118 onfidcni and well-prepar¢d for xhool. These aciivttie5 are pmvided durin8 fret play )d through small and larg¢ group activities. Th¢ pre-sch4YJI provides a cosMolI12t) and excitin8 cultsjral environment that promotes learnin8 Wlth equal opportunities for all. Your child will havc the opportunity Ch5¢ to play indoors or outdoors for the bulk of their session. In addition to a wondcrfully cquippcd garden. the nursery ha5 farhta4i¢ opportunitie5 for InOr auivitie$ too. Collaborative play. problem solving and indcpcndent leamin8 are all prOrnd throu8lKUt the day to hclp prepare childreTh for school. hiblle beneJl¢ The tTUSttts ¢onfim that they have tornplied with the requirents of sedion 17 of th¢ ClwitlC5 Act 2011 to have du¢ regard w th¢ public benefit guidan¢¢ publish¢d by the Charity Commission for England and Wales. Use of voluniee The ¢haTity makes usc of voluntcers. Thcse Contribltin5 nn01 bc reliabty quanlifi¢d and these sffvicc5 a therefore noi r¢cogthis¢d in thc fuwKiai swements. thievements 8nd perf0rDn¢t During the year, pre-school ¢du¢*ion has been prnvided to 38 ¢hilth¢n (2023.. 38 children). During the year. the nei income amounted to £8.940 (2023.. net expenditurt of £18.717). This is favourable to the previous year due to keepin8 expcrb5cs flat year on year and incrt45e fcc5.
Sunbeams Prtskhool (Radford Semek) Trustees. Report RefeTen¢e and Administrtivt Dttils Charity Registration Number.. Company Registration NurnbEr: 1137023 07258882 The ¢harity.is inCorrated in Wales. Sch] Lane Radford Scmele Ixamington Spo Warwickshir¢ Re8lStered Office= CV31 ITQ Randhawa Enierprises Lirnitcd Just Nice House- Office 4 Millers Road Warwick Watwickshire Independent Examiner: CV34 SAE Tru$ttts and offictrs The trustees and oificers serving during the year and sitKe the year end wert &$ follows: Trnstee$.' Ms R05cann¢ Thomas (resigt*l 20 Sepiember 2024) Mrs Megan Judith Kilmartin. Treasurer {resigned 12 January 2024) Ms Kimberley JayTht M¢Gowan (resigned 12 January 2024) M5 Laura Rachel Francis (rc5i8ned 20 October 2024) Ms Carolint Amber Lindscy Ashcroft (appoiThtcd 21 February 2024 and sigiied 20 October 2024) Ms Jemima Sarah Wrighi (aPlted 21 February 2024 and re5i8ned 20 Septembcr 2024) MS Eleanor Frances MeTlo Donajgrod2ki (appointed 21 February 2024 and rcsigned 20 Sewember 2Q24) Ms Lydia Williarns (appoinied 19 February 2024) Ms Roseanne Marjorie Edwdrds (app)inted 21 September 2024) Mr Ri¢hard Vaughart Williams (appointed 21 September 2024) Ms Leannc Clare Grtgory (app)inted 21 Scptcmbcr 2024) Ms ChaAotre Ernma Ethn {aPFK)inted 21 September 2024) Ms izir¢ BenedictfrAlonso (appoint¢d 21 September 2024) Ms Samantha Louise Goode (appointed 20 S¢piemb¢r 2024) Mr Satha Daniel Wlkite (appoinld 20 OCtoT 2024) Ms Kathryn Louise While (appointed 20 October 2024) Page 2
SuDbeams Pre-school (Radford Semele) Trnstees, Report Chairrnart: Ms Jemima Sarah Wright (appoint 21 Febwary 2024 and resied 20 Septrmber 2024) Ms Leirc BerKdictfrAlonso (Opinted 21 Seo¢mb¢r 2024) se¢r¢t." Ms Roseanne Thomas (Tesigoed 20 Sepiembei 2024) M5 Roseanne Marjorie Edwards (appoinied 21 S¢piemb¢r 2024) Struelur¢J gowern#ne¢ 4tsd ofgovetming documelll The ¢harity is ¢oThirolled by its governing do¢urneni a deed of tru5L and constitutes a lirnited wmpany, limited by guarante¢, as defio¢d by the Companies Aci 2006. RecrnilpKe>TI Andopwnlmenl Ofinle¢S New trustees are reenlited frorn the parcnts and other carers of the ¢hildren attending the ptrs¢hool. ArrangÈmentslor5elling key re+•wnerffjion The setting of pay for key personnel is agreed by the Cornmiiie Ofganisl0Aolsle/mte The day-ttsday runThing of the pre-sch1 is manoged by the Principal, Mrs Trncy Jane Owen. Disclosure of ithformatiOD to auditor Each trustee h&8 taken steps thai they ou8ht to have taken as a mis*t Jn order to make thcmselves &ware of any relevant audit Infvrmation and to establish that the eharity's auditor ts awore of that inforniation. The trustees tonfLrnI that th¢T¢ is no relevani infomation tha they ktW of and of which they know the auditor 1$ unaware. The annual report was 4)proved by the trustees of the charity on.................... And signed on its bebalf by.. Mr Richard Vau8han Williams Trustee Page 3
Sunbeams Pre-school (Radford Serntle) Independent Examikner's Report to the trustees of Sunbeams Pre-school (Radford Semele) ('Ihe Comp¥ny') l ttport to the ¢harity tru¢¢$ on my ¢xaminaill of the accounts of the Company for the year ended 31 July 2024. Re5wn$ibllities and b#sis Of rtport A5 the thariry's trust¢e$ of the Company (and also its directors for the PUTPOS¢S of ¢ompany law) yoy are responsibl¢ for th¢ prepataiion of the accounts iti accordancc with the reqUIrnets of th¢ Companies Aci 2006 ('¢h¢ 2006 Act.). Havin8 5atisfi¢d MYlf that the acwunts of thc Company are mot r¢quired to be audited ynder Part 16 of the 2006 Art and art cligibl¢ for indepetkdent ¢xamination, I ieport in respect of my examination of your charity's a¢counts as carried out under section 145 of the Charilic5 Act 2011 I'the 2011 A¢i')- In carying out rny examination I have followed thc Dircctions given by th¢ Ch¥ity Comrnission wider section 145(5Mbl of the 2011 Act. Independent eN*miNtr'$ $tgiemeDt I bave ¢ompleted my examination. I confirn that rto matters have come to my aittntion in conrtectiot) with the examinatiort giving me ¢aus¢ to btlieve.. accountin8 records wyre not kept in respect of Sunbeams PsCl (Radford Semele) &$ required by section 386 of the 2006 Act or 2. the accounis do not accord with those record5: or 3. the accounts do not comply with ihe accounting requirements of section 396 of the 2006 Act other than any TeqULTement that th¢ accounts give a 'true and fair VI¢ which 15 riot a matter considered a5 part of an independenl cxan11n3t or 4. the accounis have not beets prepared in a¢¢ordartt¢ with the rnethod$ athd prirtciples of the St¥t¢meni of Recommended Practice for accounting and reporting by charities lapplicable to chariiies prepanng their accounts in accordaThce with the Financial trtIng Stsndard applicable in the UK ènd Republic of Ireland IFRS 102)]. I have Th) ¢on¢ern5 and have come across no other matter5 in connection with the examination to which attention Should be drawn in this report in order to enable a proper understanditlg of the accounts to be rea¢h¢d. Randhawa Enterprises Limited Just Nice House- Office 4 Millers Road Watwick Watwickshi CV34 SAE Da¢e'. Page 4
Suttbeams Pre-S¢hool (Radford Semele) Statement of Financial Aetivities for the Year Ended 31 July 2024 {In¢luding Income and Expenditure Atcount and Statement of Totsl Recognised Gains and Losses) Unr¢stTirted Restricted fuDd5 2024 l•come Dd Endowmets from: Charitable activities Fundraising 127,968 4.905 3.332 131.300 4,905 Tolal in¢ome 132.873 3.332 136.205 Expenditure Ra]"5ing funds Charitable Xiiviti Oth¢1 exp¢ndiiur¢ (632) (109,672) (3.052) (3,684) (109.672) {13,909 (13.9091 Total expenditure 110.304) (16.9611 (127.265) Net InMeJ(cXp¢nd1tUlC) 22.569 (13.6291 8,940 Net movement in fvnds 22569 (13,629) 8,940 Reconciliation of funds Totsl fvnds brought forward 43.958 6.495 50,453 Total funds carried fomrd 7,134 Restricted fund5 59.393 Ttstsl 2023 Unrestricted funds Note In¢ome #nd Endowments from: Clwitable activitiC5 Fundraising 91.971 7276 2.560 94,531 7.276 Total incom¢ 99.247 2.560 101,807 Expenditure OTh: Raising fimds Charitable activities Other expenditure (1.407) (108.083) (4.778) {6.185) (108,083) 6.256 (6,256) Total expenditure {109.490) (11,0341 1120.524) Net expenditure Net movemeni in fijnds {10.243) {8.474 18.717 (10.243) (8.474) (18.717) Reeontiliation of funds Total funds brDughi forward 54,201 14,969 69,170 Total fimds Caled forward The fvnds breakdo for 2023 is shown in T1* I l. 43.958 6.495 50,453 The notes on pa8¢5 7 w I I form an inte8ral part of these financial statements. Page S
Sunbeams Pre-school (Radford Semele) (Registration number: 07258882) BalaDte Sheet as at 31 Juty 2024 2024 2023 Notr Fixed a$$ets Tangible assets 14.894 28,803 Current assets DebtOTS C8sh at bank al in hand 17.927 51.016 1,710 26,546 68.943 28256 Credilors: Amounts f*lliDg dut within y io 24,444) 6,606 Iyet curremt assets 44,499 21.650 Net assetj 59J93 50.453 Funds of the tbaiity: Restritted incomt funds Restricted fimds (7,134) 6.495 Ujbrestricted inco¢ fNnd5 Unrestri¢ted fijnds 66,527 43.958 Total fund5 59.393 50.453 For the financial year endin8 31 July 2024 the charity was eniiiled to exemption from audit under seetion 477 of the Companies Act 2006 relatin8 to small companies. Dircctory, rtswnsibilifie5'. The member5 have not required the charity to obtain an audit of its acwunts for the year in question in accordance with sedion 476. and The directors acknowledge their reswJnsibilitie5 for complyin8 with the rcquiremcnts of the Act with respect to accountin8 records and the preparation of accounts. The financial $tstements on pages 5 to I I were appro by the trustees. and authori5ed for issue on . and signed on their behalf by: Mr Richard Vaughan WillÉams Tru¢¢ The notes on pa8es 7 to I I form an integral partof these financial statements.
Sunbeams Pre-scbool (Radford Semele) Notes to the FiDaDcial Statements for the Year Ended 31 Juty 2024 l A¢¢ollnting polieles St*teThent of tompiiaDce The financial stat¢ment$ have been prepared in accordance with Accounting and Reporting by Charili¢s". Staternent of Recommended Praaice (applicable to ¢haTiti¢s preparin8 their accounts in a¢¢ordan¢¢ wsth the Finart¢ial Reportjll8 Standard applicable io th¢ UK and Republic of Ireland (FRS 1021) (issued in October 2019) - (Charities SORP (FRS 102)). the Financial R¢porti118 Starthd applicable in the UK athd Republic of Ireland (FRS 102) and the Cornpanies A¢t 21JO6. Basis of preparation Sunbeams Pre-school IRadford Sernele) meets th¢ deffftition of a public bcnefrt entity under FRS 102. Assets and liabiliiies are initially recognised * histori¢al or trattsaction valut unless otherwise ststed irt the T¢lèvant accounting policy notfs. IDcome and endowments All income is reco8nised in the sernent tsf Financial AtlivLlies once ihc charity ha5 entitlcmerf to ihe funds. it is probable that the income wll bc re¢eived and the amount can be mwurtd reliably. Grnhts reeelv4ble Funding is re¢eived fiDm Wonvickshire County Council for: Govemmeni thDd¢d hours for 2 10 4 year olds. Early Year Pupil Pr¢mium fIding for children rneeting particular funding ¢riierio. h¢r 8Yonts applicable to early years settin8S. Deferrediheome DefetTed income represents amounts received for fure periods and is r¢l¢as¢d trj incoming resources in the period for whieh, li has been received. Such irKome is only defeTr¢d wh¢n'. -The parents have paid for knnfvnded hours in advance of th¢ financial year. Expenditure All expenditure is recognised once there k5 a legal or ¢onstTUrtiv¢ obligation ¢0 that expet1dtre, Li is probable settlement Es required and the amount can be Mvasur reliably. All Costs are allocated to the applicable expenditure headin8 that a8gre8ate similar costs to that category. Taxation The eharity is tonsider¢d to pw the tests set out in Para8raph I Schedule 6 of the Finance A¢¢ 2010 aod therefore it meets the definition of a charitable company for UK corporation Purposes. AcrdinglY. the ¢hority is p)tentially ¢x¢mpt from taxation Jn respect of income or capital gains rcccived wiihin Categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that su¢b income or gains ar¢ 4)plied exclLJsively to charÈtablt purposes. Tangible fixed #sstts lThdividual fixed &ssets are initially recorded at cost. less any subsequent xcumulated depreciation subsequent accumulated impaimitnt losses. Page 7
Sunbeams Pre-S¢hool Oiadford Semel¢) Notes to the Financial Statements for the Year Ended 31 Juty 2024 Deprtti#tioD and amorti¥ation Depreciation js provLded on tangible fixed so &$ io write off the c05t or valuation, less any eMim8t¢d 5iduai valut, over their expected useful ¢Comie life as follows: Asset cls5 Dq>ttti•tion mrtbod and r•te in ac¢ord¥n¢¢ with the prtsperty (mainly 15 yeaws) Short l¢aschold Tr8de debtors Trade debtors are amounts due from parents for non-funded hours. Fund Strntre Unrestrictcd in¢tsme funds are gcneral fvnds that are available for use ai the trustees discretion in fvrtherartce of the objectives of the charity. Rc5tricted income funds arc those th)na4 for use in a ptirti¢ul4r ¥ea or for spe¢ifi¢ PUryKJS¢4 the use of whi¢h is restri¢ted that area or purpose. Hire purchast fanCe It4ses Pensions ind other wt rttirement obligtiotts The ¢haritsbl¢ company OP¢Tat¢s a defLned coThtribution pensi1 sckne. Contributions payable to the ¢haritsble ¢ompany's pension s¢hem¢ are ¢harged to the Stsment of FinaThcial A¢tiviU¢S in the period io which th¢y r¢late. 2 l•¢oJnt trom <britabk ctivities Tot•1 fthd$ 3 1COme from othtr ¢rndiDg x¢tivities Unre5tri¢ted fund$ Gentrl ds Local fvndrais?ng 4.905 4.905 TfJtl for 1024 4,905 4,905 Totsl for 2023 7.276 7276 Pagc 8
Sunbeams Pre-school (Radford Semele) Notes to the Finantial Statements for the Year Ended 31 Juty 2024 4 Oiher ¢xp¢nditure Totsl 2024 Total 2023 Note tkpre¢i•ion, amonisation and other similar costs 13,909 13,909 13.909 R¢slritt¢d fund5 6.256 13,909 6.256 Total fuDds Note Deprcciation. amortiS3tK)n and other similar ¢osts Totil for 2024 13.909 13.909 13.909 13,909 Total lor 2023 6.256 6,256 5 Tru$ttt$ remllneration and ¢xpemses No trustees. nor any persons conDected with them. have received any r¢rnuTrEv)n fiom th¢ rhartty durillg the year. No trustees have rtt¢ived any rcimbuts¢d txpeLses orany other berttfits from the charity during the year. 6 Taxation The charity is a re8iStcred charity and is thertforc exempt from taxation. 7 Tgttgibl¢ fixd #Mets iAnd Ind buildings T•tl Cost Ai l AugLLSt 2023 97.079 97,079 Al 31 July 2024 97.079 97.079 D¢pr¢ci4tion Ai l Augusi 2023 ChaT8e for tht year 68276 13,909 68.276 13,909 At 31 July 2024 82.185 82.185 N¢t l)ook value At 31 July 2024 14.894 14.894 At 31 July 2023 2¥,803 28,803 Included within thc nct trmiok value of land and buildin8$ above is £Nil (2023- £Nil) in respect of freehold land and building5 and £14,894 (2023- £28,803) in respect of le¥eholds. Page 9
Sunbeams PrtsSehiKbl (Radford Semele) Notes to the Financial Stgtements for the Year Ended 31 Juty 2024 8 DebknTS 2024 2023 Prepayment5 Other debto 1.429 281 17.927 17.927 1.710 9 Csh thd ¢$b ¢quivltDts 2024 2023 Cash on hand Cash at bank 302 50.714 26.539 51.016 26,546 10 Creditors: oUnts falling dut withiD one year 2024 2023 Othcr taxatton and so¢ial security Other creditors Def¢ed in¢ome 603 625 789 5,192 618 23.223 24,444 6.606 IJ Funds Balnce at I August 2023 Ineorning re50vrets Restsre¢S txpended BlaA¢e at 31 July 2024 Unrestritied funds General 43,958 132.873 (110.304} 66.527 Restrietsd 6.495 3.332 {16.961) (7.134) Tol*l 50,453 136205 (127,26S} 59.393 Page 10
Sunbeams PrSchool (Radford Stmele) Notes to the FiDaDcial Stat¢ments for the Year Ended 31 Juty 2024 IncomiDg resources Resour¢os expeThded B*lan¢¢ gt 31 July 2023 Augll$t 2022 Umrestritted funds General 54201 99247 (109.490) 111.034) 43.958 Re5trt£led funds 14.969 2,560 6.495 Total fund5 69.170 101.807 120,524 50.453 12 Related party traDsattioTri Pagell
Sunbe4ms Prtrschool (Radford Semele) Statement of Financial Activities by fund for the Year Ended 31 Jvty 2024 Unrestricted Funds Tot#1 Tot•] Unresirided Unrestricted Funds Funds 2024 2023 IDeomt ind Endowments from: Charitable activities Fundrnising Total in¢om¢ 127.968 4.905 91.971 7.276 132.873 99.247 Exptndilurt •#: Raising funds Charitable a¢iivill¢S {632) 109,672 {1,407) 108,083 Total expendilure Net incom£l{expenditure) 110.304 109.490 22.569 10.243 Net movement in fimds 22.569 (10.243) Reconciliation of fund5 Total funds brought forward 43.958 54.201 Total fvnd5 carried forward 66.527 43,958 This p8e does not forni part of the stalutory financial stattmtnts. Page 12
Sunbeams Pre-school Oiadford Semele) Ststernent of Financial A¢tivities by fuDd for the Year Ended 31 July 2024 Restricted Funds To¢31 Rtstrieted FllDds 2024 Total RtriCted Funds 2023 Intome #ttd EudowtheAts frorn: Charitable aclivitie$ 3.332 2,560 Total income 3.332 2.56 Expenditure OD: Raising fijnds Oth¢r expenditure Total eXpendire (3.052) (]3,9) (4.77¥) {6,256 (16,961) 11.034 Net expendihJr¢ 13,629 (8,474) Net movement in fimds (13.629) {B,474) Retonciliation of Total funds brought forward Total fimds ¢arri¢d foti¥ard 6.495 14,969 (7,134) 6,495 This page does not fom) part of the Swutrrfy financial ststements. Page 13
Sunbe2ms Prfrsebool (Radford Semele) Detailed Statement of FingDcial Aetivities for the Year Ended 31 Juty 2024 Totsl 1024 Total 2023 Inco¢ ¥rtd EndOWeTh from- Charitsble aciivtties {analysed below) Fundraising {artaly5ed btlow) 131.3 4.905 94,531 7.276 Total in¢oLxe 136205 101,807 EXpdItre on: Raising fund5 {ana]ysed below) Charitable activities (anaiysed below) (Xh¢r expendhture <analysed bdow) {3,684} (109,672) (6,1851 (108.0831 Ib,251i Total expenditure (127.265) 120,5241 Net incomel(¢xpenditure) 8,940 (18.7171 Net movement in funds 8.940 {18.717) Retontilia¢ioTh of funth Total funds broughi forward Total funds tarried forward 50.453 69.170 59,393 50,453 This page does not forni part of the statutory financial Stsiements. Page 14
Sunbeams Pre-school (Radford Semek) Detailed Statement of Financial Activities for the Year Ended 31 Juty 2024 Total 21n4 Tot#1 2023 Cfioriloble Acliviiies UK Governrneni grants GranlS- other agencies F¢¢$ and supplieg 86.629 3,332 41,339 63,259 2.560 28,712 94.531 l31.300 Fulldraislllg Fundraising 4.905 7.276 4,905 7.276 R4lsiMglunds Other fundrdising costs Restricted Funding Expendiftire Staff entertaining (allow4bl¢ for tax) (632) (3,052> (1.229) (4.778) (178) 3,684 Ch0ri14ble ocliviti¢s Direet costs Wages and salaries St&ff pensions (Defined contribution)- pension scherne I Stsff trdining Sundry expen$e$ R¢ni' Rates Lt8ht. heat and power Insurance Repair5 and rnaintenan¢e Telephone and internet Computer software and mointenan¢¢ ¢o$ts Printing. pM)stsge and Swionery Subs¢*iptions Cleanirtg Ac¢owitaDcy fe¢s I Ind¢pendent examinerfs fee (2.815> (86,754) {1,4l5) (50) (22) (381) (200) (2,480) (1,429) (i.ioi) (1.525) (184) (2.842) (722) (5.046) 2,706 1109,672 {2,840} (84,6731 (1,357) (3201 (4651 (3811 (2041 {1.423) {1.470) {1,074) {1.296) {478) {3.757) 1698) 14.865) 2,782) 108.083 her e-ypendiiure Depreciation of short le&Id 13,909 6.256 (13.909) {6.256) This page doES t1 fonn part Of the starutory finkncial stateTnents. Page IS