PÉ REcJ&fERED COMPANY NUMBER: 07031461 (England and Wgle5) REGISTERED CHARITY NUMBER.. 1143035 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL sfATEMEJYTS FOR THE YEAR ENDED 31 AUGUST 2024 FOR KETTON EARLY BIRDS Streets Hackett Grityey LLP Accountants & Business Advisers 31 Hi8h Str¢¢t Haverhill Suffolk CB9 8AD *AEL&3V48" 2fI04f2025 COMPANES HOUSE A15
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KEON EARLY BIRDS CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3A AUGUST 2024 Page Reference and Administrative Details Report of the Trll5tecs Indepcndcnt Eiaminer's Report Stalement of Finncixl Activities St#ttment of Finmcial Positlo Notcs to the Fin*nciAI Sta¢¢m¢nts Detailed Sta¢cm£nt of Financial Attivities 12 10 13
KETTON EARLY BIRDS REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED31 AUGUST 2024 TRUSTEES G Covington (resigned 6.6.2024) E Stevenson R Elding K Blttler K Tun51all K Miller KEBell E Harrison R L Stringer K Jones (resl8ned 3.10_2024) D V Plar (apFMJinied 25.1.2024) COMPANY SECRETARY K Miller REGisfERED OFFICE Church Walk K¢dington Haverhill Suffolk CB9 7QZ .REGISTERED COMPANY NUMBER 07031461 (England and Wales) REGISTERED CHARITY NUMBER 1143035 INDEPENDENT EXAMINER SttEets Hackett Griffey LLP Accountants & Business Advisers 31 High Srreer Haverhill Suffolk CB9 8AD P#ge I
KEThON EARLY BIRDS REPORT OF THETRusfELS FOR THE YEAR ENDED JI AUGUST 2024 The trusiees who are also direcioTS of the charity for the purposes of the Companies Act 2006, preseni iheir report with Ihe financial staternents of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicabl¢ in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aim$ The charity's objective is to enhance the developmeni and eduution of children under Statutory school age for the benefit of the community. The tTusiees have complied wilh the duty in Section 17 of the 2011 Chariiie5 Act with r¢gard to ihe public benefit requirem¢nt. ACHIEVEMENT AND PERFORMANCE Chxritablc actiwilits The charitable activity of the company is the operation of a pre school in accordance with ihe objcctive. FINANCIAL REVIEW Principal funding sourtes The principal funding sources for the Charity are by way of fees rendered and local authority grants. Rescrvcs policy The fllnds of th¢ charity are applied in furth¢rance of iv5 objectives and aims. li is the policy of ihe charity to maintsin unresrricied fvnds. whi¢h are the free re5¢rve5 of th¢ charity, at a level to provide sufficient fvnds to cover temporary liming diff¢rences in grant ¢laim5 and to covtr moderate shortfalls. STRUCTURE, GOVERNANCE AND MANAGEMENT Gov¢rning dotumcnt The charity is controlled by its governing do¢um¢nL a de¢d of trusi, and conmituies a limiied company. limiicd by guaranicc. as d¢fined by the Companies Act 2006. Reervitmcnt and 8ppointment of new trSte¢S The directors of the company pre also charity truste¢s for the purposes of charity law. The recrnitment and appointment of new trustecs are in accordance with the constitution of the charity and re•ele¢ted at the Annual General Meeting. Approved by order of th¢ board of trustees on .)3 ..fae.&.&k1.s . and signed on its behalf by.. iller- S¢cr¢tary Page 2
INDEPENDENT EXAMINER'S REPORTTO THE TRusfEES OF KETTON EARLY BIRDS Independent cxaminer's report to the trustees of KettoTh Early Birds {'the CoTNp8ny') report io the charity trustees on my examination of the a¢ints of the Company for the year ended 31 August 2024. Rcsponsibilili¢s and basis of reporl As the eharity's tnistees of the Company (and also its director5 for the purposes of cornpany law) you are responsible for the preparation of the a¢¢(MLnts in accordan¢¢ with the requirem¢nts of the Compani¢s Act 2006 (Ihe 2006 Act,). Having 5atisfLed myself that the accounts of the Company are nol required io be audit¢d under Part 16 of the 2006 Act and are eligible for independent examination. l Tep)n in respeci of my examination of your chariW5 accounrs as carried out under Section 145 of ihe Charities Acr 201 l (Ihe 2011 ACQ. In canying Qui my ¢xamination I hav¢ followed the Directions given by the Charity Comrnission under S¢£tion 145(5} (b) of the 201 l Act. Indeptndcrtt examiner's statement I have completed my examination. I confirni that no matters have come to my attention in connection with the examinaiion giving me cause to belie.. accounting records were noi kept in respect of the Company as requId by S¢¢tion 386 of the 2006 Act,. or Ihe accounts do noi accord wi(h those records- or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Aci other than any requiTem¢nt thar the accounts give a and fair vi¢w which is noi a rnatter considertd as part of an independent examination. or thc aceounts have not prepared in accordance with the methods and principles of the Siatemeni of R¢comm¢nded Pra¢tic¢ for accounting and r¢portin8 by ¢haritiC5 (applicable to charities preparing ¢heir accounts in ac¢ord3nce wilh the Financial Reponing Stsndard applicable in the UK and Republic of Ireland (FRS 102)). I have no concems and have come across no other matt¢rs in connection with the examination to which attelllion should be drawn in thi5 report in order io enable a proper understanding of the accounts to be reached. Jonathan Griff¢y Fciii L T Sireets HaGk¢tt Griffey LLP Accountants & Busines5 Advisers 31 High Street Haverhill Suffolk CB9 8AD Date.. Page 3
KErroN EARLY BIRDS STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDEDJJ AUGUST2024 2024 Total funds 2023 Totsl nds Unrestricted fund Restricted fund Noies INCOME AND ENDOWMENTS FROM Charitgbl¢ gctivities Other grants Fees Local authority grant 500 78,270 137,790 500 78,270 137.790 80,908 91,720 her trading activities Investment income Other incorne 9.819 910 5,271 9,819 910 5,271 2297 359 5,382 Tot31 232.560 232,560 180,666 EXPENDITURE ON Charitable activitics Opcrational cosis of pre-school 205.73 1 205,731 201,548 NET INCOME/{EXPENDITURE) 26,829 26,829 (20,882} RECONCILIATION OF FUNDS Tothl fund5 brought forward 59.582 59,582 80,464 TOTAL FUNDS CARRIED FORWARD 86.411 86.411 59,582 Th¢ notes forn) part of these financial stateTnents Page 4
KEON EARLY BIRDS STATEMENTOF FINANCIAL POSITION 31 AUGUST 2024 2024 Totsl funds 2023 Toial fijnds Unre5tricied fund Restricied fund Note5 FIXED ASSETS Tangible assets 11.790 11.790 13,149 CURRENT ASSETS Debtors Cash ai bank and in hand 1.704 78,863 1.704 78,863 48,356 80,567 80.567 51,870 CREDITORS Amounts falling due within onc ycar (5,946) (5.946) (5,437) NET CURRENT ASSETS 74,621 74.621 46,433 TOTAL ASSETS LESS CURRENT LIABILITIES 86.411 86,411 59,582 NET ASSETS 86,411 86,411 59,582 FUNDS Unrestricted fvnd5 10 86.411 59,582 TOTAL FUNDS 86,411 59,582 The chariiable company 15 entitled to ¢x¢mption from audit under Section 477 of the Companies Aci 2006 for the year ended 31 August 2024. The members have not required the company to obtain an audit of its financial siattments for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006. Thc ¢rthst¢es acknowleL1¥¥ their responsibilities for (a) ensuring that the charirable company keep5 a¢ntIng records that comply with Sections 386 and 387 of ihe Companies Aci 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficii for financial year in accordance with the requbremenis of Sections 394 and 395 and which oiherwise c4)mply with the requirements of the Companies Act 2006 relating io flnancial statemcnts. so far as applicable to the Charlble company. (b) The notes fomi part of these financial sthiem¢nts Page 5
KETTON EARLY BIRDS STATEMENTOF FINANCIAL posifioN- wntiThued 31 AUGUST2024 These financial statements have been prepared in accordance with the provisions applicable io charitable companies 5ubj¢ct to the small companies re8ime. I'he financial statements were approved by the Board of Trnstees and authorised for issue ..TrtrPLN5...... and w¢r¢ Signed on its behalf by: on •- 31n" - TrusieE Trustee The notes foml part of these financial swements Pag¢ O
KEThON EARLY BIRDS iYOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED31 AUCUST 2024 ACCOUNTING POLICIES Ba515 of preparing the finaneial statements Th¢ flnancial statements of the charitabl¢ company, whi¢h is a public b¢nefii entity under FRS 102, have be¢n prepared iTi accordance with the Charitie5 SORP (FRS 102) 'Accounting and Reponing by Ch8ritie5'. Siaiement of Recommended Prdctice applicable to charities preparing ihcir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019),. Financial Reporting Standard 102 Th¢ Financial Rcwjrting Srandard appli¢able in the UK and Republic of Ireland, and the Companies Act 2006. The financial statemtnts have been prepared under the historical cost conv¢ntion. Income All in¢ome is recognised in th¢ Sraiement of Finan¢ial Activiiies on¢¢ th¢ charity has entitlernt to ihe fvnds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabililies are recognised as expendiwre as soon as there is a legal or c¢)nsmiciive obligation cornmiiring the charity to that expendiwr¢. it ts probable that a transfer of e¢onomic benefits will be required in settlement and the amount of the obligation can Ix mu5ured reliably. Expenditure is accounted for on an accruals basis and has been classified under heading5 thai aggregate all co related to the category. Where costs cannoi be direcily attributcd to panicular headings they have be¢n allocated to activities on a basrs consistetji wilh rhe use of rc50urc¢5. Tngible fixcd 85sets Depieciaiion is provided ai the following annual Ne5 in order io off each a55et over its estitnated useful Improvements to piopeny at varying Ta on c05t The policy of the charity is to capitslise fixed asset exldI1ure greater than £1,000. Tlxatio The charity is exernpt from COOratIOn lax on its charitsble aciivities. Fund accountlng Unre5tri£ted fund5 can be used in a¢cordan¢e with the charimble objtctives at the discretion of the irusiees. Restricted ndS can only be used for particular restricted purposes within the objects of the charity. ReMricrion5 arise wh¢n SP¥Lified by the donor or when funds arc rdi5ed for particular restricted purposes. Further expl8nation of the nature and PUfFrf)se of uch fund is incluthd in ihe notes io the financial st*ements. Pension costs and other post-rctirement benefits The chariiable company operates a defined contribution pension scheme. Conrributions payable io the charirable company's pension scheme are charged to the Staiemeni of Financial ActLVlti¢s in the ri(>d to which they relate. Page 7
KErtON EARLY BIRDS NOTES TO THE FINANCIAL STATEMENTS- continutd FOR THE YEAR ENDED 31 AUGUST 2024 OTHER TRADING ACTIVITIES 2024 202i Fundrdistng events Other receipts 9,492 327 1,948 349 9,819 2,297 INVESTMENT INCOME 2024 2023 Deposii account interest 910 359 NET INCOMEI{EXPENDITURE) Net incomeJ(expendrture) is srared after charging/(credrting)". 2024 2023 Depreciation- owned asscts 1.359 1,527 TRUSTEES, REMUNERATION AND BENEFITS Tryst¢es' expenses There were no 31 August 2023. tnjstees. ¢xpenses paid for the year ¢nded 31 August 2024 Dor for the year ended STAFF COSTS The avcrage monthly number of employees during the year was as follows.. 2024 16 2023 15 Chsldcare & administrdtion No employees receId emoluments in excess of £60.000. The average number of employees includes full lime and part time suff. Page 8
KETTON EARLY BIRDS NOTES TO THE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENDED 31 AUGUST 2024 TANGIBLE FIXED ASSETS Improvements co property COST At I September 2023 and 3 R August 2024 JO,557 DEPRECIATION At I September 2023 Charge for year 17.408 .359 At 31 August 2024 18.767 NET BOOK VALUE At 31 Augu512024 11.790 At 31 August 2023 13.149 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trdde dcbtors Oth¢r debtors 1,354 350 1,669 1,845 1,704 3,514 CREDITORS: AMOUNTS FALLif4G DUE WITHIN ONE YEAR 2024 2023 Trade ¢reditor5 Other creditors Accrued ¢xp¢n5es 469 1.138 4,339 537 2,500 2.400 5.946 5,437 10. MOVEMENT IN FUNDS Net movem¢nt in fvnds A( 31.8.24 At 1.9.23 Unrc5tri¢ted fund5 General fund 59,582 26.829 86,411 TOTAL FUNDS 59,582 26,829 86.41 Page 9
KETTON EARL Y BIRDS NOTES TO THE FINANCIAL SfATEMENTS- ton¢inued FOR THE YEAR ENDED 31 AUGUST 2024 10. MOVEMENT IN FUNDS- continued N¢t mov¢rnent in fvnds. included in the al)ove are &% follows.. Incoming resources Resources expended Movement in filnds Unrestricttd funds General fund 232.560 {205.73 1) 26.829 TOTAL FUNDS 232,560 (205.731) 26,829 CoMparAtiV for movement in funds Nei mov¢m¢nt in funds At i1.8.23 Ai 1.9.22 Unrestricted funds General fund 80.464 (20.882) 59.582 TOTAL FUNDS 80,464 (20.882) 59.532 Comparative net movement in fvnds, included in the above are as follows.. Incoming resources Resour¢¢s expend¢d Movernent in funds Unrestrietcd fund5 General filnd 180.666 (201,548) (20,882) TOTAL FUNDS 180.666 (201.548) (20,882) A current year 12 month5 and prior year 12 months combined position is as ftIllow5.' Net movement in funds At 31.824 At 1.9.22 Unrestricted fuThds G¢neral fvnd 80.464 5.947 86,411 TOTAL FUNDS 80,464 5,947 86.411 Page 10
KETTON EARLY BIRDS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED31 AUGusf 2024 io. MOVEMENT IN FUNDS- tontinued A current ycar 12 months and prior year 12 ffK)nths combi1d net rnov¢m¢nt in funds. included in the above are as follows.. Incoming resources Resources expended MovEmeni in funds Unrestricted funds Generdl fund 413226 (407.279) 5,947 TOTAL FUNDS 413.226 (407279) 5,947 RELATED PARTY DISCLOSURES There were no related pary transactions for the year ended 31 August 2024. Pagell