C0fty No. on76939 Chwity Nts. 1141234 Abacus Pre-school Nursery Ltd {R•sPltw•d Chth} Report & Financial Statements 31 August 2024
Abacus Pr•4chool Nurmry Ltd Lag & •dmlnlstr•llve d•tall For the r•nd•d 31 Au u$t2024 8t4tsJs Thè organ1On k A charfloble eompary, reglstsred 88 a company cfi e March 2010 and registsred as a tharfty on 7 2011. Gov•rnlnu dotsUmt The ehartsable tr)mpany operate8 under the rule8 of con8tityti( datsd 8 June 2010 as amended 21st Mar¢h 2011. Charlty numb•r 1141234 Company Numb•r 07278939 Prlndpal addi• DaBg•tt C of E Prfmary School Mernortal Road Fgnny Cornpton Southam Wor4viekshlr• CV47 2XU TfU$ttt• Dwr•n York Joc•lyn L•wry lfjm Pi¢torf Emm• Ard•n 8ophl• Slo$w¢zyk Al•x HIbrt Chr Tr•#ur•r 8•nlor Stsff M•mb•r Jo¢•tyn Lmy Imwaar) B•nk•r• Crtrop•rth• 8•nk 18?Iloon Stre Maneh•stsr. M80 4EP Indynd•nt Examln•r Enlly KIl8h. FCCA E Ke4Jnting Urnltsd Clw• CottAg•, Dog Lane F•nny Compton Wwickéhir• CV47 2YD
For the •Thl•d 31 st 2024 Th• Intho8 W•sentth•irreprrft the financial slAtsMlS th•y••r ended 31 Augii8t2024. Legsl ond adrrinistrob"M wrfonr•bon sot ¢xrt page 1 Irn p•t ol report. The finwal atstemts eompty SI#tY rlIamen( th• TnA%t Deed And the Statsment of Recommended Pr&e. Ac¢ourllTrJ and Chvltt ObJ•¢ts Al Ab Pr• s¢1 to • •do ¥Mm for lh• thMdr•n to deloP grow fr•dy •nd •vdu8ts and rnoNtor seThices to erwjre that our rthusery untinuM to m••t tho n•8ds of th8 thll<•n P¥eTrtslurorn. W8 we •trA• to do thL• by erthng 4 wogramm• of •ciNfoe• that are interesling. edx•liond. glimulabng fun Ih•i not onty n909• th• ¢119n Ixrt Ory•nlJ•llon Struc1• Th• over011 mwaqThnt rA th• thority li th• r•sptsKW of th• tswt•os 8la¢tad ¢ opt•d undw th¥ ot lh• Th• • to dty ar• managed and cathed out ty h•aW keeplng us yotected from unexpectsd •xperAe8 or rwrs may Ile In the fure 118t 8180 r•dudng wr y) lurth.sing to wrviv•. to invost in th• Provar fnd 0¥1#bI4 toth• ¢Mtr•n In uder1 th•rn ttllwlv•. We 8lart•d Semember 21r23 4th 12 Chil¢tr•n Ond firi•h th• y•w t4Alh 28, 1tr 11 1•8vlng to conlNe th8 leamin9 ¢Jevel¢)prTrt at Primwy Sc¢ol, we we confident vAth the nvw hou8ing d•v?1opm•nt In thg ¥ill•y thi•ryll thue to ThJrt¥er ol cThTing to AbwJA the lollowing •r ahe•l The thildrgn hsve bo t•113ng about Autsjm and thanges wryJnd us In nabJre, looking at and makjng pthw•8 01 Hynths, looing at 88 in¥1• thffewt wd we. Tho thildren talked •brt RerMmtrnKe rn•Je Poppie& Look'ng at CdJr3 how they e be thanged. A firem c8m8 8 ¥1gtsd th8 Pf• Sthoc4 ar#J •lyxrt lknv w• w k•¢p ouwfv•• •ale. the children wwe gNen th• cppubJThty to eXF4¢M thth"r lI(rn and ask ¢w•sb"ofts. Th• ¢hIldr (fvidgd into th• ol k•ew9 hMYtrry food io for •)d not 80 kK)d. aswell as dentd Ion6. Thi$ yew our farfie8 Ial have 9•thwin9 for Ihe 8nnud duck rxe and •Aster egg hunt Not ¢)nly Ihese ¥•blo fly the hm(trn9 Ixrt trwy tho prwide excellent
Abo¢u$ Pr•4¢hool Nun¢ry Ltd Rwirt ofth• tN¥tfjg8 For th• r•nd¢d 31 Au u$tX124 There h85 also been rnueh enjoyment In holth.ng our Nallvlty and Easter bennet par8ge 8nd the children were 8bl8 to have their SPOTb day out in th• field. We h8v arxw to th• 8thool h811 on Monday mominq %thore the children h0 gxploring different ¢quipm•nl, wftning, dr¢1• gamag and ftwe. W• lx>k to #Thother fun and iu¢¢e8sfv1 yaw th lots of 1•8mlng, •xplorfng, plaOng ekng tho children PTogrg Fubjro d•v•lopmont• Thè fubjrè ol Ab•w¥ rgmuins op¥nStiC. The financld prtIon 1$ $tsbl•, wo hov• an •xp¢rf¥ne•d Btoff tsom and with Ihe continulng ffiow ol new chIldn we've recwited a new 8taff rnember, who ha• been a WcderJI addltton to the team. We have conttnued to recognise threats to the 8etttng 8uch lh8 of r•th¢•d 8ehool PAN nurnb•r¥. whllst Se8n0 oppotbJnlti•s for ort)%th. Th• Compton LockA d8velopment h88 helped to fw•f88 th• trend of reduced numbar8 8t th• Setting. We lll 8180 conttnue to Inv•st in Improvlng th• fdliln ond aqulpm•nt fty th• ¢hlldr•n to thtfjv• h) th•lr vlronm•nl #nd th• staff to feel ¢ornfortabl at work. A¥ w• mw• Into th• 2425 oc•d•ndc y•ar, Ihg ouuook frr AtsKg•1o brfghl ond h•• th• loundoUon• to cont4nue to •tick to Its charftsbl• rn10n of offerin9 • hlghquallty pr•4ehool provldon th• vlllage Flnandal Mil We hwe •thl•ved a good fin•ndal re•ull of o profft of £12,366. Thbs mark• an increase of £5.305 from the prevlous year. thleh f•ffl•ctsth• ch•nge8 In 8bJd•nt 8nrdlm•nt and walla10 r•8ourc•8. The Income from fee8 decre•8ed by £3.500, Ihough we eaw a algnlflcant rb8e of £11.185 In lundlna for students receivlng free 8UPPOrt. De8plte flU¢•0n9 In 8t•ffing, our 8t•ffing costs havo remalned cornpgred to 188t yoaf. Thks Is du• to Adlustm•nts mÈd• In r•8pons• to mlnlmum w8Q• In¢raM8 ¢hange& In ¢Jur Btaffing •trucbAre. With an Increase In pernanent •Aff, we were able to ¢wJal IAbor¢osl¥tolu¥t£2eo. Rent recdved from Care thb was In I1 vAth the provlou$ y•8r as wo dd not Incr•w th•lr lo•8. The rent pay lo the 8chool and to Warnklre County Councll for the grtyjnd ront havo both remned unchanged forthe lastyear. Thls y•ar, w• 0180 Inujrrèd a faw mthor. one-off co•ts rolatsd to bulldlng rn8intsn&nc? and repr8. How*ver, fvndrwwng effofiF have been ¢xcepb'onal once 8g&n. Our fundrain9 and donations for the ye8r totglled £1. though dlghlly l¢)war than th8 pr8vSou8 y••rth¢ InthU8$M forlhtstr ovents ¢onthNg wbthin OUT local Commuty. Rlgk Jtaternent Th• trust••s hav• revi•d tho blskx to r•viow In oa¢h mofjting and org confident that th•y hav• th•s• cov•r•d With actioni In pJa¢e to minimlstr iiok and OXPOgUTO to Ihe thority.
R•portofth• tNst••s For thè 8nd8d 31 2024 The trustses aimto rrintan reseThes at a Iwel that wwld cover ro{n[l pay in the event of dosurg. In •Sthlion. f4kther r¢sgrves rr0rrttd to allrrw forthe fitition ol nurrhers to Igw r8F4aeem•)t of mth" rf needefj. In line with the PdKy the Tntstees aim to hdd £20,Cf4) of free TrVeS funds to covgr 6 m(nths of skn. Althè end of Autytst2024, the level d reserves held wwe £113.097. B•n¢fft Stst•mwt The serves Femy Coryyton dthe >ArKIng Wea and are wdcome toioin. Thè trust Th? truste95 uplo Ihe dole ofthis rvwtve EmwA Arden lfjm Preknvjs Darren Y¢yk Sophie Slosarcz 14wntsd (m 24th Septeth 224) Aex Hibbert 14?nted cffl 24th September 20241 Sirrw 8radley Apprtr4ed ty1heln•s m 11 +120 SI on thwr behth Dan Ywk
Independent èxamlMeV$ report To the ¢ru$tee$ of Abacus Pre4chool Nurse Ltd I report to the charily Iruslees on my examination of the accounts of Abacus Pre-school Nursery Ltd for the year ended 31 Au9USt 2024, which are set out on page 5 10 11. Respon51blllti85 and basls of report As the charitys trustees of the charitable company land also 11$ dire¢tors for the purposes of company lawl you are responsible for the preparation of the a¢¢ounls in ac¢ordan¢e bvrth the requirements of the Companies Act 20161.the 2006 Act"). Having satisfd myself that the accounts of the charitable company are not required to be audrted under PHrt 16 of the 2006 Acl and are eligible for independenl examination. I report in respect of my xaminalion of your charitHble Gompanys accounts a5 carried OLrt under section 145 of the Charili6s Act 2011 I'lhe 2011 Acl"I In carrying out my examinaliori I have folbwed the DireGtion5 given by the Charity Commission under seCtn 14515llbl of the 2011 AGt. 11 is my responsibilrty to. examine the accounts under section 145 of the 2011 Act.. lo follow the procedufes laid down in the general Directions given by the Charity Cotnrn15son under section 14515llbl of the 2Q11 Act". and lo slate whether partKular matters have come lo my a1teTrtn. Indapondtsnt èx•rnlnge5 report An examination includes a review of the ac¢ounling records kept by the charity and a comparBon of the accounts presented with those records. 11 also includes CDnsideration of any unusual items or disclosures in the accounts, and seeking explanatn$ from you 8S truslees conceming any such m8tters. The procedures und&rtaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as lo whether the accounts present a 'lrue and fair view, and the report is limited lo those matters set out in the statement below. Ind•pendtnt èxarnln•V5 St4terngnt I have completed my examinalion. I confirm that no malerieal rnallers have come lo my attention which gives me cause lo belteve Ihal.. the acGounting record5 were not kept in accordan with 5ectlDn 386 of the Companies Act 2006,. and the accounts did not accord with the accounting records.. or the accounts do not comply with the accounting requirements of section 396 of the 20C6 Acl other than any requirement Ihat the accounts give a true and fair view which is not a matter considered as part of an independent exarninalion". or the account8 have not been prepared in accoidance with the methods and principles of th& Statement of Recommend&d Practice for accounting and reporting by charities lapplicable lo charities preparing their accounts in accordance with the Financial Reporting Sland8rd applicable in lh& UK and Republic of Ireland IFRS10211 I have corne across no Olher matters in connEclion with Ihe examination lo which attention Should be drawn in this report in order lo enable a proper understanding of the accounls lo be reached. Emily Kilshaw FCCA E Kounling Limiled Clare Cottage. Dog Lane Fenny Compton CV47 2YD Dale.. 1810312025
Aljacus Pre4¢hool Nurswy Ltd statementof finand414cllvllt8s Oncorporadng Incomeand expend1re acc¢unt) For the r endgd 31 Au ust 2024 2024 2023 R•stiictsd Vnrgthctsd Note Incorne 10,403 54.998 576 Gr8ntslchllare vouchars Donations Fundralslng Lunches Rontsl incom8 Int•rgSt 10,403 54,998 676 13,913 43.813 1,434 2.198 4,830 120 2.392 4.927 328 326 Total Incom• 75.185 67.363 ExdIr• Wages I)d R•v8nue Pertsion Training Trav81 Rent Jnchas Insurance Fundraing 40,050 39.998 1,559 499 21 1,559 499 21 2,380 2.362 1.004 1.471 2,3 2,254 1.004 88 141 1,120 Telephone. Stalionery. and Postsge A(fveTbsing Equipment and Matsrials Presentsffrips and EntsrtBining Provigons Health and safety Cleanlng Profes4onal Expens•s Legal fees Photo$ 1,120 105 1,947 1,164 114 1,947 615 230 215 215 412 3.644 440 412 3,644 405 3,544 432 73 9B7 91 908 Ele¢tricity Cornwtsr Softse and equlpmont D•preciation Hlding repairs maintenanc• 905 3.423 856 Total exp11 Net In¢ornd(expendltsrg1 for th•T 12.386 11366 Fund$•t 1 S¢wember 2023 Fund> at 31 August 2024 Th• rLOto8 to the ffin8nd•l atsments fum part oflhesefinawal statsments.
Abxus Pr•4chod Nurnory Ltd Balan h••t A• •t 31 Au t2021 2024 2023 N¢)te$ Tang11)le Ilx•d M$•ts Current ajsèts O•l>tors Cash at bwk and kn h•nd 4141 10.918 114.617 93.058 Cr•dltors: Amounts hlllng du¢wlthln N•tcurr•nt•$••l• 107 018 N•t•iMts 116187 102771 Fund• R06thctsd fvndl Unr•Btrtcted fund8'. D•dgn8t•d ft¢nd• 110187 102771 Total 110167 102771 For tho year enthng 31 Auw 2Q21 lh• ¢horttsbl• ¢omp8ny •nlU•d to ox•mpOon frorn auolt undoi u¢llon 477 01 the Companleo Act 2008 relqttn91o •mal cornp•nle•. Th• rn•mb•T8 have not requlred Ihe charltable to obtdn an gudk of Its flnandal stotm•nl• lorth• y8T enolng 31 Au1 2021 In ordn¢tlh section 476 ol the Compani•s Act 20C6. Th• tnMts•• ACknth•do• th•lr r8¥on8lblllll•8 for,. enwring that Ihg charftsblg cornp8ny k¢?p$ •ccaunlng rxorth that comply S•clon 388 Ind 387 of lh• Comp&ni•s Act 2008 Ard propaylno fingn¢lo18tOtgmnts giv• o tru• and falr vlew of th• stale ol affair8 of Ihe coMpY as at Ihe end of each finandal pertod and of Its SU5 ¢w defidt for 08ch flnandd p8rfod In SOraa with th• rgquirern¢nts of Se¢lons 394 and 395 and whi¢h ¢omply ilh th? rgquir¢monEs of the Companles Acl 20 rnlalln9 to rinonc4al statements. 60 far as applicable lo the Ch8rftsLe company. Th•s• ftnw¢lal ¥t)t•mwth hav• Ixen prop•red In IOrdanC• Section 398 of th• Compani Act 2006 Secoon 138 cfthe Chadoes Act 2011. These afxounts ar• PT•par•d In aCcordce th• SP8elÈl provl&"on8 applicablg to ¢ompanleB 8ubj•ctto lh ¥mall comp8nie8' re91. ApsYov•d by Iho truth8F cffl I l iA2£JZ2> ond gned on Ihelr behasf by Dorr•n York Joc•lyM Lewry
Ftyth• r ond•d 31 ut2034 l. ACccnI1nB al The fin(1 statements have been yepared in cOrd¥e Imlh kcwnting and Reporfing by Chlbe5.' Staternent ol RMInded Pr•gic• #pplicAo to prepwing Ihelr accolmts in xcordaneo ith the FirAnc4d Reffi'ng &and8fd tclo the UK and Republic ol 1rdd IFRS 1W21 ed on 16 2014 and FirAnci81 Rwbng Standwd 8pplicabkn in Ihe Unrttd norn )d Reputd ol Ireland IFRS 1021 •MI the CPwltio8 Act 2011. Assets (ffid the rdev•nt polky note8. bl Th• chawitsble c•mpwry OF95 OB a tsiyng hB ld•n1 fimth to cover • gnSfic8nt chanae In arcurrlarK•s l••thng trj slaff reOJndmca•B. Ihe tru¥ts•s s8• no r•as£ y h the long tsrm the carith• conyany )ould to cwAt• M • fln&idaMy gt4• ymchool. ••pea81ty crywdgring th• intt••B• in lo¢ htyjdng and lack of other lex ¢} Th• corltsty• ¢¢ywiy ¢¢rt16bth • wbk b•n•fit d8fffl•d ty FRS 102 •nd h open to all thl¢hn In th• w••. dl lrtoma 18 rwilvd In the tnts hfien Ihe thwitable c4mpY h •ntiO•d to the lund•, Y p•yomw# ¢ondit+)ns ht4fO b nwL Is ko•nt ¢Irtnty thal r•¢dpt of the income li ¢MJ•r•d pr+)Wo 8ndtho •mountckn b• m?4wJred r•l•bty. •) Unr•thcl•d furth w• dcfi•lloTr4 and oth•r IrKom? 1•d or 9¢1 for the (•rlt•bl• fj R•slithd fund& w• to wed fty wrpow * ltyd dv•m ty th• dmor. EXdItsr• Ich me•tsthe8e critwl•18 Gharpdto the fim¢ gl Exp•n¢Thff• h Tlsd LNK• th•re 18 alogal oblig8150n to to third pwty il 1$ th41 Mty•munt tA41 r¢wir•d And the 4mi¢xmt can be rdlabty h) Expen¢kn tanble fixed 8Hets IB c4¥tslig•d th• o)Bt (rf It•m •x¢••d• £1,000. •r•CadI0ed •ftd valued •tthwlMorkd •t il O•w•eiab"on 1$ prd•d on dl •ss•ts at rales C181•d to wtte exh 958et to Its eimatsd reqith4 value over ro ewctsd life. Dorrn'•b'on is ¢¥oed from th• monlh aft•r Kqjmiton. 11 Th• Cornp op•r•t•s • d•fin c4ntrfjtsrflon p¥10n l•rn•. Th• p•Mon co rweBents thè Contri[bon# P0 d•f th• th• dity to th• fund. The dwiitsble COnVWby has ng lithlty under 1he *theme other than fu the payment of tho
For lh• r •ndwl 31 Au u•t 2024 l Net incomlngl(outoolng) th? ThiB 18 Stated after Larging: 2023 Tn1 Ind•ntr O•w•ci•tic j1•nd8nt Ex•mln•rfs reTh#Jnw•¥on.' Indepdent oxthn•Jon NIL I77T NIL 3,423 tru••, JOad L, tyth• th• nw•Jw ofth• w•ool. H•r trlal remunw•lon lh• pthod *••£18,13912f23'. £18.). Th•r•r• 4 •ftW¢)yw In 2024. No •nyStyie• pdd at • r• of£80,000 or mar•. T911• fix•d us•ts BulldlNI• Total Co•t Atthe stsrt of lh• y•w Adoltl¢xi• in the y• 57,569 57,589 Atthe•nddtry I)•PrlItIOn Al the stsrt ofth• ye8r ChwJe th• y•w 48,871 46.671 At Ind dthe year N•t book vdu• Al tr• fmd aflh• ywr AtthD slwtof the y•Ar 10
Ftx th• r •nd•d 31 It 2024 2024 2023 Other debt Prnpaym•nts 7. Crndllor• . thllng du•lthln on•y••r Tr•d• cr{0 Aecrual 348 500 357 Mov•nts In fimds At31 AuoJ•t 8•ptthnb•r Incondw Outsjolno Unr••lTlct•d fimds: 11 118 107 Totsl fvndl Totsl lknd• ndl Fixgd 8$8•ts Current as•e ¢r•rfrtws.' Amounts lollw ¢kn 8,141 8.141 114.617 501 Nthl •sMts at 31 August 2024 tOAl¢ enrolmentAbxus a m*ched cuthl)ubcfi of 5% making • 3% e0nlribubc. Total •ft¥Jloyer costslc¥ the £1.55912023: £1,471). 11