Company registration number: 07299073 Charity registration number: 1137119
Streatley Hill Pre-School
(A company limited by share capital) Annual Report and Financial Statements for the Year Ended 31 July 2023
AIMs Accountants for Business Twitchen Odiham Road Riseley Berks RG7 1SD
Streatley Hill Pre-School
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Independent Examiner's Report | 7 |
| Statement of Financial Activities | 8 to 9 |
| Balance Sheet | 10 |
| Statement of Cash Flows | 11 |
| Notes to the Financial Statements | 12 to 19 |
Streatley Hill Pre-School
Reference and Administrative Details
Charity Registration Number
1137119
Company Registration Number
07299073
The charity is incorporated in England. Registered Office
The Coombe Streatley Reading Berkshire RG8 9QL Principal Office
The Coombe Streatley Reading Berkshire RG8 9QL Independent Examiner
AIMs Accountants for Business Twitchen Odiham Road Riseley Berks RG7 1SD
Page 1
Streatley Hill Pre-School
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 2023.
Charity Name
Streatley Hill Pre-School
Charity Registration Number
1137119
Company Registration Number
Streatley Hill Pre-School is a company limited by guarantee, with the registration number 07299073
Principle Office
The Coombe, Streatley, Reading, RG8 9QL
Trustees on Date Report Approved
The trustees as at the date of signing of the Annual Report are:
-
Catherine Fox
-
Dirk Atkinson
-
Iain Lattimer
-
Ellena Timmis
-
Emily Williams
The above trustees are also directors of the company.
Trustees for the Financial Year to 31 July 2023
-
Gemma Jenkins (resigned 22nd September 2022)
-
Mark McDonald
-
Catherine Fox
-
Emily Preston
-
Louise Whitburn
-
Emily Williams
-
Iain Lattimer
-
Dirk Atkinson
(resigned 1st November 2022)
-
(appointed 9[th] September 2021)
-
(appointed 22nd September 2022 / resigned 3rd November 2022)
-
(appointed 30th September 2022 / resigned 11th January 2023) (appointed 6[th] October 2021)
-
(appointed 20[th] October 2021)
-
(appointed 22nd September 2022)
-
Ellena Timmis (appointed 22nd September 2022)
Page 2
Streatley Hill Pre-School
Structure, Governance and Management
Governing Document
The organisation is a charitable company limited by guarantee incorporated on 14 June 2010. The company was established under a Memorandum of Association and is governed under its Articles of Association.
Recruitment and Appointment of Trustees and Directors
Since incorporation, the organisation has been reliant on a volunteer committee to fulfil the roles of trustee and director. The committee is responsible for managing the company, reviewing and applying current pre-school policy, employing and appraising staff, maintaining the building and grounds, and ensuring financial sustainability. We are so grateful for the time and skills these passionate community volunteers provide year on year to keep the pre-school running. The trustees and directors are appointed by election from the parent members of the pre-school in accordance with the requirements of the Articles of Association.
Objectives and Activities
Objectives
Streatley Hill Pre-School provides Early Years Education for children aged 2-5. Our charity’s main purposes, as set out in the objectives contained in the company’s Articles of Association, are to enhance the development of children under statutory school age by offering appropriate play, education and care facilities.
Activities
The setting is open for four-and-a-half days a week during term time. Our dedicated staff follow the Early Years curriculum with an emphasis on learning through play. We ensure that all children are understood as individuals and given the attention they need to thrive. We create a positive experience throughout their time at pre-school with educational based activities based on their individual needs and interests.
Achievements and Performance
Children
Children are at the heart of every decision at Streatley Hill Pre-School and we have continued to ensure their safeguarding through ongoing compliance with regulations, and up-to-date training for staff and Committee members. We monitor and ensure all DBS checks are updated when renewal is due.
We are immensely proud of all of our children’s achievements from the very youngest, those with SEND, to our school leavers. Each of whom are offered the support required to reach their full potential.
This year, we have made a significant investment into replacing the tables and chairs within the pre-school. The new furniture has allowed more children to comfortably engage in group activities. A sensory tent area with bean bags and led lighting has also been added to create a calm and relaxing space for the children to retreat to. Outside a sand and gravel ‘digger land’ has also been created in a previously unused corner of the garden.
Page 3
Streatley Hill Pre-School
Staff
We believe that attracting, retaining and rewarding excellent staff is an absolute necessity in delivering a highquality provision for each child. We support and invest in the ongoing learning and development of all of our staff through appropriate training courses. We increased our spending on staff training during the year by 42% compared to the previous year.
Our staff body has remained unchanged through the year and this has allowed a continuity of care and provision which has greatly benefited the setting.
Community
The pre-school is where community begins. We continue to build new and strengthen existing relationships within the local community to mutual benefit.
First and foremost, our parents and carers are valued members of our community and we strive to engage them with quality communications; at the school gates, regular learning observations on Tapestry, through newsletters and with face to face social and fundraising opportunities.
Secondly, our close relationship with our neighbour and landlord, Streatley C of E Primary School enables the smoothest of transitions for our school leavers who go there and by generously sharing use of their facilities such as the daily mile track, the school hall and the beach, the relationship enhances our offering to all of the children.
And finally, our fundraising events are a great source of funds for reinvestment but also a chance to engage and enhance community spirit. This year we hosted a hugely successful festive Christmas market at a local golf club.
Financial Review
General
The pre-school operations have delivered a cashflow loss of £5,922 in the year to 31[st] July 2023. This is the 1st year of reporting a loss in the last 5 years. Whilst the cost base excluding staffing of the pre-school remained largely consistent with the previous year, a significant reduction in child numbers resulted in this position.
Importantly, past experience and child registrations already received for future years has shown that the reduced child numbers for the year to 31st July 2023 was an outlier from the norm. The reserves that the preschool has built up over the past years provides significant protection against such occurrences.
Page 4
Streatley Hill Pre-School
Key financial achievements:
-
Government funding and fee income was £85,140 – a 10% decrease on last year and attributable to a decrease in child numbers
-
Total operating costs (excluding depreciation) of £93,897 include cost savings in areas such as equipment and materials but increased amounts spent on our staff costs.
-
We achieved a fundraising total of £2,579 after fundraising expenses primarily from the Christmas market, including £250 matched funding.
-
We continue to recognise and invest in our staff. In June 2023, pay increases were awarded to all staff ensuring that we continue to retain and support our skilled staff during a cost-of-living crisis.
-
Financial discipline enabled us to continuously monitor our financial position against budget and ensure we operated within our means throughout the year.
-
We have made continued improvements to our indoor and outdoor learning areas – this includes investing in new furniture and creating new areas to engage the children positively.
Reserves
The trustees have examined the charity’s requirements for reserves in light of the main risks faced by the organisation. These are set out in an established Finance Policy and comprise:
-
Redundancy liabilities in case of closure – 25% of total annual wages
-
General running costs contingency to offset funding and/or cash flow shortfall – one term’s expenditure (excluding maintenance and depreciation)
-
Maintenance contingency to meet urgent repairs – equal to one term’s maintenance expenditure, averaged over the previous three years
-
Designated contingency, accumulating over time, to cover the estimated costs of replacing the pre-school building – based on the depreciation of the asset over its useful economic life
On the above basis, required reserves at 31 July 2023 were £99,391. The pre-school satisfied this requirement, holding the majority of its reserves in a separate, dedicated bank account.
Fees
The Finance committee has a responsibility to ensure our ability to meet future costs from our future income is preserved. Accordingly, a thorough annual review of our fees was concluded in June 2023 where it was decided that there would be an increase to our hourly fees of 7% from September 2023.
2023-24 Funding Priorities
The trustees are committed to maintaining the strong financial health of Streatley Hill Pre-school and accumulating the designated contingency.
Page 5
Streatley Hill Pre-School
We will continue to navigate an external environment that presents multiple challenges, but perhaps also opportunities with the introduction of free childcare hours for 2 year olds from Spring 2024. However this is still against a backdrop of an inflationary environment which continues to put pressure on our cost base.
We will aim to do this by providing an outstanding setting and optimising the number of children in fee paying sessions, being financially diligent and with the continued support of the wonderful community within which we operate.
The annual report was approved by the Trustees of the charity on 19th September 2023 and signed on its behalf by:
_____ Dirk Atkinson Trustee
Page 6
Streatley Hill Pre-School
Independent Examiner's Report to the trustees of Streatley Hill Pre-School ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2023.
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 Streatley Hill Pre-School 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.
...................................... Andy Eagles ACMA
Twitchen Odiham Road Riseley Berks RG7 1SD
29 September 2023
Page 7
Streatley Hill Pre-School
Statement of Financial Activities for the Year Ended 31 July 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note | Unrestricted Total |
|---|---|
| funds 2023 |
|
| £ £ |
|
| Income and Endowments from: | |
| Donations and legacies 3 |
3,689 3,689 |
| Other trading activities 4 |
85,110 85,110 |
| Investment income 5 |
731 731 |
| Other income | 19 19 |
| Total income | 89,549 89,549 |
| Expenditure on: | |
| Charitable activities 6 |
(104,845) (104,845) |
| Total expenditure | (104,845) (104,845) |
| Net expenditure | (15,296) (15,296) |
| Net movement in funds | (15,296) (15,296) |
| Reconciliation of funds | |
| Total funds brought forward | 212,120 212,120 |
| Total funds carried forward 13 |
196,824 196,824 |
The notes on pages 12 to 19 form an integral part of these financial statements. Page 8
Streatley Hill Pre-School
Statement of Financial Activities for the Year Ended 31 July 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note | Unrestricted Total |
|---|---|
| funds 2022 |
|
| £ £ |
|
| Income and Endowments from: | |
| Donations and legacies 3 |
5,990 5,990 |
| Other trading activities 4 |
95,093 95,093 |
| Investment income 5 |
19 19 |
| Other income | 3,075 3,075 |
| Total income | 104,177 104,177 |
| Expenditure on: | |
| Charitable activities 6 |
(98,306) (98,306) |
| Total expenditure | (98,306) (98,306) |
| Net income | 5,871 5,871 |
| Net movement in funds | 5,871 5,871 |
| Reconciliation of funds | |
| Total funds brought forward | 206,249 206,249 |
| Total funds carried forward 13 |
212,120 212,120 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 13.
The notes on pages 12 to 19 form an integral part of these financial statements. Page 9
Streatley Hill Pre-School
(Registration number: 07299073) Balance Sheet as at 31 July 2023
| Note | 2023 2022 |
|---|---|
| £ £ |
|
| Fixed assets | |
| Tangible assets 9 |
79,255 89,621 |
| Current assets | |
| Debtors 10 |
- 1,068 |
| Cash at bank and in hand 11 |
117,569 122,759 |
| 117,569 123,827 |
|
| Creditors: Amounts falling due within oneyear 12 |
- (1,328) |
| Net currentassets | 117,569 122,499 |
| Netassets | 196,824 212,120 |
| Funds of the charity: | |
| Unrestricted income funds | |
| Unrestricted funds | 196,824 212,120 |
| Total funds 13 |
196,824 212,120 |
For the financial year ending 31 July 2023 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 8 to 19 were approved by the trustees, and authorised for issue on 22 September 2023 and signed on their behalf by:
.........................................
Mr Dirk Atkinson Trustee
The notes on pages 12 to 19 form an integral part of these financial statements. Page 10
Streatley Hill Pre-School
Statement of Cash Flows for the Year Ended 31 July 2023
| Note | 2023 2022 |
|---|---|
| £ £ |
|
| Cash flows from operating activities | |
| Net cash (expenditure)/income | (15,296) 5,871 |
| Adjustments to cash flows from non-cash items | |
| Depreciation | 10,366 10,366 |
| Investment income 5 |
(731) (19) |
| (5,661) 16,218 |
|
| Working capital adjustments | |
| Decrease in debtors 10 |
1,068 236 |
| Decrease in creditors 12 |
(1,328) (1,736) |
| Net cash flows from operating activities | (5,921) 14,718 |
| Cash flows from investing activities | |
| Interest receivable and similar income 5 |
731 19 |
| Net (decrease)/increase in cash and cash equivalents | (5,190) 14,737 |
| Cash and cash equivalents at 1 August | 122,759 108,022 |
| Cash and cash equivalents at 31 July | 117,569 122,759 |
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 12 to 19 form an integral part of these financial statements. Page 11
Streatley Hill Pre-School
Notes to the Financial Statements for the Year Ended 31 July 2023
1 Charity status
The charity is limited by share capital, incorporated in England. The address of its registered office is: The Coombe Streatley Reading Berkshire RG8 9QL The principal place of business is: The Coombe Streatley Reading Berkshire RG8 9QL
These financial statements were authorised for issue by the trustees on 22 September 2023.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
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
Streatley Hill Pre-School 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.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Page 12
Streatley Hill Pre-School
Notes to the Financial Statements for the Year Ended 31 July 2023
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
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. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
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 costing £100.00 or more are initially recorded at cost.
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:
No depreciation is provided in the year of addition.
| No depreciation is provided in the year of addition. | |
|---|---|
| Asset class | Depreciation method and rate |
| Freehold Property | 5% straight line basis |
| Fixtures & Fittings | 25% straight line basis |
Page 13
Streatley Hill Pre-School
Notes to the Financial Statements for the Year Ended 31 July 2023
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
Page 14
Streatley Hill Pre-School
Notes to the Financial Statements for the Year Ended 31 July 2023
3 Income from donations and legacies
| 3 Income from donations and legacies |
|
|---|---|
| Unrestricted funds Total |
|
| General funds |
|
| £ £ |
|
| Grants, including capital grants; | |
| Grants from other charities | 200 200 |
| Regulargivingand capital donations | 3,489 3,489 |
| Total for 2023 | 3,689 3,689 |
| Total for 2022 | 5,990 5,990 |
| 4 Income from other trading activities |
|
| Unrestricted funds Total |
|
| General funds |
|
| £ £ |
|
| Trading income; | |
| Sales ofgoods and services | 85,110 85,110 |
| Total for 2023 | 85,110 85,110 |
| Total for 2022 | 95,093 95,093 |
| 5 Investment income |
|
| Unrestricted funds Total |
|
| General funds |
|
| £ £ |
|
| Interest receivable and similar income; | |
| Interest receivable on bank deposits | 731 731 |
| Total for 2023 | 731 731 |
| Total for 2022 | 19 19 |
Page 15
Streatley Hill Pre-School
Notes to the Financial Statements for the Year Ended 31 July 2023
6 Expenditure on charitable activities
| 6 Expenditure on charitable activities |
|
|---|---|
| Unrestricted funds Total |
|
| Note | General funds |
| £ £ |
|
| Wages and salaries | 73,854 73,854 |
| Staff training | 956 956 |
| Rent and rates | 772 772 |
| Light, heat and power | 1,141 1,141 |
| Insurance & Services | 5,130 5,130 |
| Repairs and maintenance | 2,413 2,413 |
| Equipment and Materials | 1,959 1,959 |
| Telephone and fax | 743 743 |
| Printing, postage and stationery | 208 208 |
| Trade subscriptions | 209 209 |
| Sundry expenses | 122 122 |
| Cleaning and PPE | 2,716 2,716 |
| Canteen | 182 182 |
| Fund Raising Activities | 843 843 |
| Accountancy fees | 505 505 |
| Legal and professional fees | 2,660 2,660 |
| Bank charges | 66 66 |
| Depreciation of freehold property | 9,385 9,385 |
| Depreciation of fixtures and fittings | 981 981 |
| Total for 2023 | 104,845 104,845 |
| Total for 2022 | 98,306 98,306 |
Page 16
Streatley Hill Pre-School
Notes to the Financial Statements for the Year Ended 31 July 2023
7 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
8 Taxation
The charity is a registered charity and is therefore exempt from taxation.
9 Tangible fixed assets
| Land and buildings £ Furniture and equipment £ Total £ |
Land and buildings £ Furniture and equipment £ Total £ |
|---|---|
| Cost | |
| At 1 August 2022 187,700 12,879 200,579 |
|
| At 31 July2023 187,700 12,879 200,579 |
|
| Depreciation | |
| At 1 August 2022 99,060 11,898 110,958 |
|
| Charge for theyear 9,385 981 10,366 |
|
| At 31 July2023 108,445 12,879 121,324 |
|
| Net book value | |
| At 31 July2023 79,255 - 79,255 |
|
| At 31 July2022 88,640 981 89,621 |
|
| 10 Debtors |
|
| 2023 2022 |
|
| £ £ |
|
| Prepayments | - 1,068 |
| 11 Cash and cash equivalents |
|
| 2023 2022 |
|
| £ £ |
|
| Cash at bank | 117,569 122,759 |
| 12 Creditors: amounts falling due within one year |
|
| 2023 2022 |
|
| £ £ |
|
| Accruals | - 1,328 |
Page 17
Streatley Hill Pre-School
Notes to the Financial Statements for the Year Ended 31 July 2023
| 13 Funds |
13 Funds |
|---|---|
| Balance at 1 August 2022 £ Incoming resources £ Resources expended £ Balance at 31 July 2023 £ |
|
| Unrestricted funds | |
| General 212,120 89,549 (104,845) 196,824 |
|
| Balance at 1 August 2021 £ Incoming resources £ |
Resources Balance at 31 |
| expended July 2022 |
|
£ £ |
|
| Unrestricted funds | |
| General 206,249 104,177 |
(98,306) 212,120 |
| 14 Analysis of net assets between funds |
|
| Unrestricted Total funds at 31 |
|
| funds July |
|
| General 2023 |
|
| £ £ |
|
| Tangible fixed assets | 79,255 79,255 |
| Current assets | 117,569 117,569 |
| Total net assets | 196,824 196,824 |
| Unrestricted Total funds at 31 |
|
| funds July |
|
| General 2022 |
|
| £ £ |
|
| Tangible fixed assets | 89,621 89,621 |
| Current assets | 123,827 123,827 |
| Current liabilities | (1,328) (1,328) |
| Total net assets | 212,120 212,120 |
| 15 Analysis of net funds |
|
| At 1 August 2022 At 31 July 2023 |
|
£ £ |
|
| Cash at bank and in hand | 122,759 122,759 |
| Net debt | 122,759 122,759 |
Page 18
Streatley Hill Pre-School
Notes to the Financial Statements for the Year Ended 31 July 2023
| At 1 August 2021 At 31 July 2022 |
|
|---|---|
£ £ |
|
| Cash at bank and in hand | 108,022 108,022 |
| Net debt | 108,022 108,022 |
Page 19
Streatley Hill Pre-School
Statement of Financial Activities by fund for the Year Ended 31 July 2023
Unrestricted Funds
| Unrestricted Funds | |
|---|---|
| Total Total |
|
| Unrestricted Unrestricted |
|
| Funds Funds |
|
| 2023 2022 |
|
| £ £ |
|
| Income and Endowments from: | |
| Donations and legacies | 3,689 5,990 |
| Other trading activities | 85,110 95,093 |
| Investment income | 731 19 |
| Other income | 19 3,075 |
| Total income | 89,549 104,177 |
| Expenditure on: | |
| Charitable activities | (104,845) (98,306) |
| Total expenditure | (104,845) (98,306) |
| Net(expenditure)/income | (15,296) 5,871 |
| Net movement in funds | (15,296) 5,871 |
| Reconciliation of funds | |
| Total funds brought forward | 212,120 206,249 |
| Total funds carried forward | 196,824 212,120 |
This page does not form part of the statutory financial statements. Page 20
Streatley Hill Pre-School
Detailed Statement of Financial Activities for the Year Ended 31 July 2023
| Total Total |
|
|---|---|
| 2023 2022 |
|
| £ £ |
|
| Income and Endowments from: | |
| Donations and legacies (analysed below) | 3,689 5,990 |
| Other trading activities (analysed below) | 85,110 95,093 |
| Investment income (analysed below) | 731 19 |
| Other income(analysed below) | 19 3,075 |
| Total income | 89,549 104,177 |
| Expenditure on: | |
| Charitable activities(analysed below) | (104,845) (98,306) |
| Total expenditure | (104,845) (98,306) |
| Net(expenditure)/income | (15,296) 5,871 |
| Net movement in funds | (15,296) 5,871 |
| Reconciliation of funds | |
| Total funds brought forward | 212,120 206,249 |
| Total funds carried forward | 196,824 212,120 |
This page does not form part of the statutory financial statements. Page 21
Streatley Hill Pre-School
Detailed Statement of Financial Activities for the Year Ended 31 July 2023
| Total Total |
|
|---|---|
| 2023 2022 |
|
| £ £ |
|
| Donations and legacies | |
| Committed giving | 3,489 4,657 |
| Grants - other agencies | 200 1,333 |
| 3,689 5,990 |
|
| Other trading activities | |
| Fees and supplies | 85,110 95,093 |
| 85,110 95,093 |
|
| Investment income | |
| Interest on cash deposits | 731 19 |
| 731 19 |
|
| Other income | |
| Other income(analysed below) | 19 3,075 |
| 19 3,075 |
|
| Charitable activities | |
| Wages and salaries | (73,854) (67,960) |
| Staff training | (956) (673) |
| Rent and rates | (772) (458) |
| Light, heat and power | (1,141) (840) |
| Insurance & Services | (5,130) (4,047) |
| Repairs and maintenance | (2,413) (1,013) |
| Equipment and Materials | (1,959) (5,004) |
| Telephone and fax | (743) (596) |
| Printing, postage and stationery | (208) (243) |
| Trade subscriptions | (209) (564) |
| Sundry expenses | (122) (550) |
| Cleaning and PPE | (2,716) (1,937) |
| Canteen | (182) (141) |
| Fund Raising Activities | (843) (519) |
| Accountancy fees | (505) (346) |
| Legal and professional fees | (2,660) (2,977) |
| Bank charges | (66) (72) |
| Depreciation of freehold property | (9,385) (9,385) |
| Depreciation of fixtures and fittings | (981) (981) |
| (104,845) (98,306) |
This page does not form part of the statutory financial statements. Page 22
Signature Certificate
Reference number: WK9ED-RVMDY-GLSWH-JEMMI
Signer
Timestamp
Signature
Dirk Atkinson
Email: treasurer@streatleyhillpreschool.com
Sent: Viewed: Signed:
Recipient Verification:
✔ Email verified
09 Oct 2023 11:46:34 UTC 12 Oct 2023 10:15:45 UTC 12 Oct 2023 10:21:42 UTC
12 Oct 2023 10:15:45 UTC
IP address: 86.191.26.24 Location: Wantage, United Kingdom
Document completed by all parties on: 12 Oct 2023 10:21:42 UTC
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