2023-08-31-accounts - Roselands Pre-School Highamwood Ltd

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.


Charity information
Trustees' Annual Report
Statement ofdirectors'	responsibilities
Independent Accountant's		Report
Funds Statements:-
Statement of Financial	Activities			10
Statement of Financial	Activities - Prior Year statement			10
Statement of total recognised			gains and losses	10
Movements in funds				11
Revaluation reserves				11
Revenue Funds				11
Fixed Asset funds				11
Income and Expenditure	account			12
Summary offunds				12
Balance sheet				13
Cash flow statement				14
Notes to the accounts				16

Office	Name	Appointed
Chair	Olivia Rose-Wilson	23rd March 2023
Treasurer	Rebecca Barclay	26th June 2023
Secretary	Joanne Winter	26th June 2023

		Resigned
Trustee	Amy Barry	Oct-23
Trustee	Olivia Rose-Wilson
Trustee	Claire Phipps	Apr-24
Trustee	Rebecca Barclay
Trustee	Louise Mitchelle	Jun-23
Trustee	Joanne Winter
Trustee	Lynn Templeton
Trustee	Sara Miles
Trustee	Sara Livermore

more fully	detaile	d in the accounts,	can be summari	sed as follows:-
				2023	2022
Nst income				(3,120)	11,547
Unrestncted Revenue Funds available general purposes ofthe charity			for the	97,958	101,078
Designated	Fixed	Asset Funds		243,732	243,732
Total Unrestricted		Funds		341,690	344,810
Total Funds				341,690	344,8 IO

			Span Rsf	Current year Unrestricted	Currant yssr Restricted	Current year TotslFunds	Prior Year Total Funds
				Funds	Funds
				2023	2023	2023	2022
				5	6	f	5
Income &Endowments		from:
Donations & Legacies			A1	2,779		2,779	9,467
Charitable activities			A2	227,366		227,366	234,850
Investments			A4	1,511		1,511	115
Total income			A	231,656		231,656	244,442
Expenditure on:
Raising funds			BI				612
Charitable activities			B2	234,776		234,776	232,283
Total expenditure			B	234,776		234,776	232,095
Net income for the year				(3,120)		(3,120)	11,547
Nst income after transfers			A-B-C	(3,120)		(3,120)	11,547
Net movement in funds				(3,120)		(3,120)	11,547
Reconciliation offunds:-			E
Total funds brought	forward			344,610		344,010	333,263
Total funds carried forward				341,690		341,690	344,010

August 2023 t	owards fix	ed ass	ets for	Charity use:-
					2023	2022
					E	E
Funds generated	in the year as	detailed	in the SOFA
Resources applied	on functional	fixed assets			(1,027)	(2,951)
Other applications	offunds
Net resources available to		fund charitable		activities

				Unrestricted	Restricted	Total	Last year
				Funds	Funds	Funds	TotalFunda
				2023	2023	2023	2022
				E	E	E	E
Accumulated		funds brought	forward	101,078		101,078	89,531
Recognised transfers	gains and losses before			(3,120)		(3,120)	11,547
				97,958		97,958	101,078
Closing revenue funds				97,958		97,958	101,078
Fixed asset		funds		Designated	Restricted	Total	Last year
				Funds	Fuil(la	Filllda	TotalFunds
				2023	2023	2023	2022
				E	E		E
At 1 September				243,732		243,732	243,732
At 31 August				243,732		243,732	243,732

Summary	of funds		Unrestricted	Restricted	Total	Last Year
			and	Funds	Funds	TotalFunds
			Designated funds
			2023	2023	2023	2022
			E			E
Revenue accumulated		funds	97,958		97,958	101,078
Fixed asset	funds		243,732		243,732	243,732
Total funds			341,690		341,690	344,610

								2023	2022
								t	5
Income
Income from operations								230,145	244,327
Investment income
Interest receivable								1,511	115
Gross income in the year	before	exceptional			items			231,656	244,442
Gross income in the year	Including		exceptional			items		231,656	244,442
Expenditure
Charitable expenditure, excluding		depreciation			and	amcrtisation		224,494	222,039
Depreciation and amortisation								7,642	7,604
Fundraising costs									612
Governance costs								2,640	2,640
Realised losses on disposals ofsocial				investments		which are programme	related
Total expenditure in the year								234,776	232,895
Net income before tax in	the financial year							(3,120)	11,547
Tax on surplus on ordinary	activities
Net income after tax in the financial				year				(3,120)	11,547
Retained surplus for the financial				year					11,547
All activities derive from	continuing			operations

				SORP
			Note	Ref		2023		2022
						6		8
Fixed assets				A
Tangible assets			10	A2		7,016		13,631
Current assets				B
Debtors			11	B2	2,528		2,057
Cash at bank	and in	hand		B4	338,349		333,764
Total current	assets				340,877		335,821
Creditors: amounts		falling due within
one year			12	C1	(6,203)		(4,642)
Net current assets						334,674		331,179
The total net	assets	ofthe charity				341,690		344,810
The total net	assets	ofthe charity are	funded	by the	funds ofthe	charity, as follows:-
Unrestricted	Funds
Unrestricted Revenue		Funds	15	D3	97,958		101,078
						97,958		101,078
Designated Funds
Designated Fixed Asset Funds			15	D3	243,732		243,732
						243,732		243,732
Total charity	funds					341,690		344,810

							2023	2022
							5	6
Cash flows from operating	activities
Net cash provided by operating	activities as shown		below			A	4,101	19,036
Cash flows from investing	activities
Interest received							1,511	115
Purchase of property, plant and	equipment						(1,027)	(2,951)
Net cash provided by investing activities							484	~(2,836
Cash flows from financing	activities
Net cash provided by financing activities
Overall cash provided by all activities					A+8+C		4,585	16,200
Cash movements
Change in cash and cash equivalents from activities			in	the
year ended 31 August 2023							4,585	16,200
Cash and cash equivalents at	1 September 2022						333,764
Change in cash and cash equivalents due to exchange				rate	movements
Cash at bank and in hand	less overdrafts	at	31	August			338,349	16,200

Net income as shown in the Statement	Net income as shown in the Statement	of Financial Activities	(3,120)	11,547
Adjustments for:-
Depreciation charges			7,642	7,604
Write downs of investments
Net unrealised losses on investment	assets
Dividends, interest and rents from investments			(1,511)	(115)
Decrease in debtors			(471)
Increase in creditors, excluding loans			1,561
Net cash provided by operating		activities	4,101	19,036
Analysis ofcash and cash equivalents
			2023	2022
			8	8
Cash in hand at for the year ended 31		August 2023	1,600	2,686
Notice deposits - (less than 3months)			336,749	331,078
Total cash and cash equivalents			338,349	333,764

		At start	Cash	At end
		ofyear	Flows end	ofyear
Cash		333,764	4,585	338,349
Cash	Equivalents	331,078	5,671	336,749
			10,256	10,256
Total		664,842	10,256	10,256

es to the Ac Net surplus	counts for the year ended 31August 2023 before tax in the financial year
		2023	2022
		f	6
The net surplus	before tax in the financial year is stated after charging:-
Depreciation of	owned fixed assets	7,642	7,604
Pension costs		6,546	4,637

volunteers, the contribution ofvolunteers i Staff costs and emoluments	s not	included within	the income ofthe charity.
Salary costs				2023	2022
					6
Gross Salaries excluding trustees and key	management personnel			185,418	185,076
Employer's operating costs of defined
contribution pension schemes				6,546	4,637
Total salaries, wages and related costs				191,964	189,713
The average number ofpart time staff employed		in the year was		13	15
The average number offull time staff employed		in the year was		1	1
The estimated full time equivalent number	of all	staff employed	in the year was	8	0
The astima led equivalent number offull	time	stair deployed	in different activities in	the year wasi-
Engaged on charitable activities
The estimated full time equivalent number ofail staFf employed as above				8	9
Neither the trustees nor any persons connected		with them have	received any remuneration	from the charity or any related
entity, either in the current or prior year.

Numbers ofsuch staff	to whom benefits are accruing:-
Under money purchase	pension schemes

Current Year	Land and Buiklings	Plant 8 Machinery	Motor Vehicles	Total
Cost
At 1 September 2022	250,968	24,761		275,729
Additions		1,027		1,027
At 31August 2023	250,068	25,788		276,756
Depreciation
At 1 September 2022	240,663	21,435		262,098
Charge for the year	6,522	1,120		7,642
At 31August 2023	247,185	22,555		269,740
Net book value
At 31August 2023	3,783	3233		7,016
At 31August 2022	10,305	3,326		13,631
Prior Year	Land and Buildings	Plant & Machinery	Motor Vehicles	Total
Cost
01 September 2021	250,968	21,810		272,778
Additions		2,951		2,951
31August 2022	250,968	24,761		275,729
Depreciation
01 September 2021	234,138	20,356		254,494
Charge fcr the year	6,525	1,079		7,604
31August 2022	240,663	21,435		262,098
Net book value
31August 2022	10,305	3,326		13,631
31August 2021	16,830	1,454		18,284

No 11	tes to the A Debtors	cc	ounts	for	the year ended 31August 2023
						2023	2022
						E
	Trade debtors					822	615
	Prepayments	and accrued income				1,545	1,281
	Other debtors					161	161
						2,528	2,057
12	Creditors: amounts			falling due within one year		2023	2022
						E	E
	Trade creditors					385	291
	Accruals					2,640	2,640
	PAYE, NIC VAT		and other taxes			3,178	1,711
						6,203	4,642
13	Income and	Expenditure			account summary	2023	2022
						E
	At 1September		2022			344,810	333,263
	Surplus after	tax	for the	year		(3,120)	11,547
	At 31August	2023				341,690	344,810

At 31August 2023	At 31August 2023	Unrestricted	Designated	Restricted	Total
		funds	funds	funds	Funds
		E			E
Tangible	Fixed Assets	(236,716)	243,732		7,016
Current	Assets	340,877			340,877
Current	Liabilities	(6,203)			(6,203)
		97,958	243,732		341,690
At 1 September 2022		Unrestricted	Designated	Restricted	Total
		funds	funds	funds	Funds
		E	E	E	E
Tangible	Fixed Assets	(230,101)	243,732		13,631
Current	Assets	335,821			335,821
Current	Liabilities	(4,642)			(4,642)
		101,078	243,732		344,810

15	Change in	total	fu	nds o	ve	r the	year as shown in Note 14,analy	year as shown in Note 14,analy	sed by indi	sed by indi	vid	ual funds
							Funds brought		Movement		in	Transfers	Funds carried
							fonrard from		funds in 2023			between	forward to
								2022				funds in 2023	2024
									Sse	Note 16		Sss Note 0
										6		6
	Unrestricted	and designated				funds:-
	Unrestricted	Revenue		Funds				t01,078		(3,120)			97,958
	Designated	Fixed Asset Funds						243,732					243,732
	Total unrestricted		and designated				funds						341,690
	Total charity funds							3,6	~33,3				341,690
16	Analysis of movements				in	funds over the year as shown		in Note	15
												Other
							Income		Expenditure			Gains 0	Movement
												Losses	in funds
							2023			2023		2023	2023
								0		E		6	6
	Unrestricted	and designated				funds:-
	Unrestricted	Revenue		Funds				231,656		(234,776)			(3,120)
								3,65	~6				3,120)

Thi	s analysis is classsif	s analysis is classsif	ied by conventional no	ied by conventional no	minal descriptions a	nd not by act	ivity.
19	Donations, Grants		and Legacies
					Current year	Current year	Current year	Prior Year
					Unrestricted	Restricted	Total Funds	Total Funds
					Funds	Funds
					2023	2023	2623	2022
	Donations and	gifts from individuals
	Small donations	individually less than		81000	2,750		2,750	3,812
	Total donations individuals	and gifts from			2,750		2,750	3,812
					Current year	Current year	Current year	Prier Year
					Unrestricted	Restricted	TotslFunds	Total Funds
					Funds	Funds
					2623	2023	2623	2022
	Revenue grants	from	government	and
	public bodies
	Small grants individually		less than 81000		29		29	216
	COMF Grant							5,439
	Total public sector revenue grants				29		29	5,655
	Total Donations,		Grants and	Legacies
	Total Donations, Grants and				2,779		2,779	9,467
	Legacies
20	Income from	charitable activities - Trading			Activities
	Curmnt year				Current year Unrestricted	Currant year Restricted	Current year Total Funds	Prior Year Totelfunds
					Funds	Funds
					2023	2023	2623	2022
	Primary purpose and		ancillary trading
	Fund Raising Activities				1,717		1,717	2,048
	Preschool Development Fund				1,799		1,799	2,735
	Provision of nursery care services Lunch Club 8 wrap round care Early Start Admin fees				27,031 22,185 2,470 40		27,031 22,185 2,470 40	28,824 24,878 2,035 140
	Total Primary trading	purpose and ancillary			55,242		55,242	60,660

								Current year	Current year	Current year	Prior Year
								Funds	Funds	Total Funds	Total Funds
								2023	2023	2023	2022
								6	6	6	6
	Funding for provision		of nursery care				services
	Kent County Council							172,123		172,123	173,996
	Other individual	funding									204
	Total Funding care services	for provision		of	nursery			172,124		172,124	174,200
								Unrestricted Funds	Restricted Funds	Total Funds	Prior Year
											TctalFunds
								2023	2023	2023	2022
	Total Charitable income				from	funders:-
	Current year	- income	from	funders				172,124		172,124	174,200
21	Total Income	from charitable			activities
								Current year	Current year	Current year	Prior Year
	Current year							Unrestricted Funds	Restricted Funcis	Total Funds	Total Funds
								2023	2023	2023	2022
	Total income from charitable			trading				55,242		55,242	60,660
	Income from fundars							172,124		172,124	174,200
	Total from charitable		activities			A2		227,366		227,366	234,860
22	Investment	income
								Current year	Current year	Current year	Prior Year
								Unrestricted	Restricted	Total Funds	TotalFunds
								Funds	Funds
								2023	2023	2023	2022
	Bank Interest	Receivable						1,511		1,511	115
	Total investment income						A4	1,511		1,511	115

23	Expenditure on charitable	a	cti	vities - Direct sp	ending
					Current year	Current year	Current year	Prior Year
					Unrestricted	Restricted	Total Funds	TotolFoods
	Current Year				Funds	Funds
					2023	2023	2023	2022
	Gross wages and salaries -	charitable			185,418		185,418	185,076
	activities
	Defined contribution pension charitable activities		costs-		6,546		6,546	4,637
	Licences				3,586		3,586	3,308
	Materials &photographs				3,503		3,503	3,'l90
	Course fees				788		788	1,869
	Fruit and staff amenities				3,015		3,015	2,258
	Sundry staff costs				1,323		1323	450
	Towels &Hygiene				3,222		3 222	3,503
	Total direct spending			B2a	207,401		207,401	204,291
24	Support costs for charitable		activities
					Correct year	Current year	Current year	Prior Year
					Unrestricted	Restricted	Total Funds	Total Funds
	Current Year				Funds	Funds
					2023	2023	2023	2022
					E	E	E
	Premises Expenses Rent payable under operating Rates and water charges Light heat and power Waste management		leases		1,635 1,567 1,277		1,635 1,567 1,277	2,044 1,432 1,053
	Premises repairs, renewals	and			2,921		2,921	3,851
	maintenance Other Premises Costs				863		863	2,498
	Property insurance				1,657		1,657	1,388
	Laundry				382		382
	Administrative overheads
	Telephone, fax and internet Stationery and printing Gifts &samples				2,726 3,178 804		2,726 3,178 804	2,538 2,530 363
	Professional fees paid to Other legal and professional	advisors other than			the auditor or examiner			48
	Financial costs Bank charges Depreciation &Amortisation		in	total for	83 7,642		83 7,642	3 7,604
	Support costs before reallocation				24,735		24,735	25,352
	Total support costs - Current			Year	24735		24,735	25,352

25	Other Expenditure -Governance	Other Expenditure -Governance	Other Expenditure -Governance	costs
				Current yssr		Current year	Current year	Prior Year
				Unrestricted		Restricted	Total Funds	Total Funds
	Current Year				Funds	Funds
					2023	2023	2023	2622
	Independent Examiner's fees				2,640		2,640	2,640
	Total Governance	costs			2,640		2,640	2,640
	All the expenditure	in the prior year was		unrestricted.
26	Total Charitable	expenditure
				Current year		Current year	Current year	Prior Year
				Unrestricted		Restricted	Total Funds	Total Funds
	Current Year				Funds	Funds
					2623	2023	2023	2022
					E	E	E	E
	Total direct spending		82a		207,401		207,401	204,291
	Total support costs		82&I		24,735		24,735	25,352
	Total Governance	costs	82e		2,640		2,640	2,640
	Total charitable expenditure			82	234,776		234,776	232,283
	All the expenditure	in the prior year was		unrestricted.
					Prior Year	Prior Year	Prior Year
				Unrestricted		Restricted	Total Funds
	Prior Year				Funds	Funds
					2022	2022	2022
	Total direct spending		82a		204,291		204,291
	Total support costs		82d		25,352		25,352
	Total Governance	costs	82e		2,640		2,640
	Total charitable expenditure			82	232,283		232,283
27	Expenditure on	raising funds and costs of investment			management
	Cost of fundraising activities							612
	Total fundraising	costs		81				612
	All the expenditure	tn the prior year was unrestdcted.

Thi	s analysis is classsified	s analysis is classsified	s analysis is classsified	s analysis is classsified	by ac	t	ivity	and not by c	onventional no	minal des	cripti	ons.
28	Analysis of income by				activity
								SOFA ref				2023	2022
												E	E
	Activity
	Income from charitable			activities
	Development and education				of pre-school			children				227,366	234,860
	Summary ofTotal		income, including					the items	above
	Charitable activities							A2				227,366	234,860
	Donations & Legacies							A1				2,779	9,467
	Investment income							A4				1,511		115
	Total income as shown			in the SOFA				A				231,656	244,442
	Categories ofincome
	Income from exchange transactions											231656	244	442
29	Analysis ofcharitable				expenditure			by activity
	Activity
								Direct	Support	Grant
								costs	costs	funding of		Total	Total
										activities
								2023	2023	2023		2023	2022
									E	E		E
	Development and	education ofpre. school children
	Direct costs							207,401				207,401	204,291
	Premises expenses								10,302			10,302	12,266
	Administrative overheads								6,708			6,708	5,431
	Professional fees													48
	Financial costs								7,725			7,725	7,607
	Total Development preschool children		and	education			of	207,401	24,735			232 136	229	643
	Summary ofcharitable			costs by			activity
								Direct	Support	Grant
								costs	costs	funding	of	Total	Total
										activities
								2023	2023	2023		2023	2022
								E	E	E		E	E
	Total Development	and		education		of pres		207,401	24,735			232,136	229,643
	Total Governance	costs		as detailed			in
	Note 25								2,640			2,640	2,640
	Total charitable expenditure							207,401	27,375			234,776	232,283

	Analysis of	support		and governance	and governance	and governance	costs	by charitable	by charitable	activities
							Governance			Finance	Human	Other	Total
	Activity										Resources	Overheads
	Development	and education			of prs-schoo			2,640		7,725		17,010	27,375
30	Analysis of non charitable					expenditure		by	activity
	Activity
												Fundraising	Fundraising
	Fundrsising	activities										activities	activities
												2023	2022
	Direct fundraising		costs										612
	Indirect fundraising			costs:-
												Governance	Governance
	Governance costs											COStS	costs
												2023	2022
													6
	Other Expenditure		- Governance			costs	as detailed		in Note	25		2,640	2,640
	Total non	charitable		expenditure								2023 K	2022 6
														612
	Total costs	of Fundraising			activities
														612
	Total non	charitable		expenditure