The Sombornes Pre-School
Report of the Directors and Unaudited Financial Statements For The Year Ended 31 July 2023
Company Registration Number 07727851
The Sombornes Pre-School
Unaudited Financial Statements
For The Year Ended 31 July 2023
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Contents Pages
Company information 2
The Director's report 3
Trustees Annual Report 4
Profit and loss account 5
Balance Sheet 6
Notes to the financial statements 7
The following pages do not form part of the financial statements
Detailed profit and loss account 8
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The Sombornes Pre-School
Unaudited Financial Statements For The Year Ended 31 July 2023
Company Information Directors Emily Boyland (Resigned 13 June 2023) Joan Teresa Wolfe (Appointed 6 June 2023) Registered Office Kings Somborne Village Hall Romsey Road Kings Somborne Hampshire SO20 6PP Accountants Purenumbers Accounting Ltd Mandalay Old Palace Farm Kings Somborne Hampshire SO20 6NJ Registered Number 07727851 (England and Wales)
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The Sombornes Pre-School
Unaudited Financial Statements
For The Year Ended 31 July 2023
Directors Report
The Directors have pleasure in presenting their report and the financial statements of the company for the year ended 31 July 2023.
Principal Activities and Business Review
The principle activity of the company during the year was that of a Preschool.
The Sombornes’ Preschool aims to provide high quality, affordable, sessional care for children in non-domestic premises, in and around the community of Kings Somborne.
Its objectives are to provide children between the ages of 2 and 5 with the ability to interact with other children and adults, to develop social skills that aid transition to school life and provide a stimulating environment within which children can learn, in line with the Early Years Foundation Stage (“EYFS”). Children are able to develop at their own pace, both physically and creatively in a warm, friendly atmosphere.
We aim, through our links to the village primary school, to provide a seamless transition for the children from the preschool to when they start mainstream education.
We also aim to provide ongoing training for the staff, in accordance with the EYFS. The preschool accepts children with special needs and ensures that staff training is in place to support them.
This report was approved by the board of directors on 18 April 2024 and signed on behalf of the board by:
Name: Joan Wolfe Status: Director
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The Sombornes Pre-School
Unaudited Financial Statements
For The Year Ended 31 July 2023
Trustees Report
The Committee of The Sombornes Pre-School Charity present their annual report and accounts for the year ended 31 July 2023 and confirm they comply with the requirements of the Charities Act 1993, as amended by the Charities Act 2011, the trust deed and the Charities SORP 2005.
OUR AIMS
The objects of the Pre-School are the offering of education through play in a friendly, informal setting for children aged 2 to school age.
We aim, through our links to the village primary school, to provide a seamless transition for the children from the pre-school to when they start mainstream education.
OUR OBJECTIVES
Our objectives are set to reflect our aims and the ethos of the Pre-School. It is important to us that we maintain and enhance the success to date of the Pre-School. This objective is, however, set in the context of the broader goals we set for the PreSchool and the children.
In setting our objectives and planning our activities, our Committee have given careful consideration to the Charity Commission’s general guidance on public benefit.
Our key objectives for the year included: To continue to develop the first class care we provide for children; To develop or links with the village primary school; To increase pupil numbers; and To play our part in the life of the local community.
OUR ETHOS, STRATEGY AND POLICIES
Our Committee and staff are responsible for setting a strategy for achieving the objectives they have set. The focus of our strategy is on the development of the children, while maintaining a safe and friendly environment.
Our ethos: a caring School serving our local community and society
The Sombornes Pre-School is a charitable organisation which seeks to benefit the public through the pursuit of its stated aims. Our fees are set at a level to ensure the financial viability of the School and at a level that is consistent with our aim of providing a first class setting.
The Pre-School welcomes children from all backgrounds. An individual’s economic status, gender, ethnicity, race, religion or disability do not form part of our acceptance process. We are an equal opportunity organisation and are committed to a working environment that is free from any form of discrimination on the grounds of colour, race, ethnicity, religion, sex, sexual orientation or disability. We will make reasonable adjustments to meet the needs of staff or pupils who are or become disabled. Our Pre-School is committed to safeguarding and promoting the welfare of our children and expects all staff and volunteers to share this commitment. Parents are given regular information about their children’s social and academic progress through individual parent consultations, in addition to regular contact with parents throughout the year through informal contacts and through our newsletters.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Committee, who are also the charity trustees, are responsible for the overall management and control of the The Sombrnes Pre-School Charity and meet six times a year. All trustees give of their time freely and no remuneration or expenses were paid in the year. No committee member or person connected with a committee member received any benefit from preschool funds.
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The Sombornes Pre-School
Unaudited Financial Statements
For The Year Ended 31 July 2023
| Profit and Loss Account Turnover Cost of Sales Gross Profit Administrative expenses Other operating income Operating Profit Interest receivable Interest payable and similar charges Profit on Ordinary Activities Before Taxation Tax on profit on ordinary activities Profit on Ordinary Activities After Taxation Dividends (Loss)/Retained Profit for the Financial Year |
Year Ended 31 July 2023 90,176 0 90,176 85,001 5,175 0 0 5,175 0 5,175 0 5,175 |
Year Ended 31 July 2022 86,694 0 86,694 81,639 5,055 0 0 5,055 0 5,055 0 5,055 |
|---|---|---|
All of the activities of the company are classed as continuing
The Company has no recognised gains or losses other than the results for the year as set out above.
The notes on page 6 form part of these financial statements.
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The Sombornes Pre-School
Unaudited Financial Statements
For The Year Ended 31 July 2023
| Balance Sheet Fixed Assets Tangible Assets Current Assets Cash VAT Owed Bank Account Creditors: Amounts falling due within one year Net Current (Liabilities)/Assets Total Assets Less Current Liabilities Creditors: Amounts falling due after more than one year Capital and Reserves Share Capital Profit and Loss Account Shareholders funds |
£ £ 0 1,097 679 27,330 29,106 0 29,106 29,106 0 29,106 0 29,106 29,106 Year to 31 July 2023 |
£ 0 1,758 22,174 23,931 0 Year 31 July |
£ 0 23,931 23,931 0 23,931 0 23,931 23,931 to 2022 |
|---|---|---|---|
For the year ended 31 July 2023, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The director's acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the directors on the 18th April 2024 and are signed on their behalf by:
……………………………………………
The notes on page 7 form part of these financial statements.
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The Sombornes Pre-School
Unaudited Financial Statements
For The Year Ended 31 July 2023
Notes to the Financial Statements
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention.
Turnover
The turnover shown in the profit and loss account represents amounts charged in the period, exclusive of VAT.
2. Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.
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The Sombornes Pre-School
Unaudited Financial Statements
For The Year Ended 31 July 2023
| Detailed Profit and Loss Account £ £ Turnover Fees 17,825 Grants / Govt Funding 68,787 Fundraising / Other 3,564 Year to 31 July 2023 |
Detailed Profit and Loss Account £ £ Turnover Fees 17,825 Grants / Govt Funding 68,787 Fundraising / Other 3,564 Year to 31 July 2023 |
£ £ 23,239 57,243 6,211 Year to 31 July 2022 |
£ £ 23,239 57,243 6,211 Year to 31 July 2022 |
|---|---|---|---|
| Overheads Staff Wages 57,188 NI 4,790 Village Hall Rent 10,296 Three Fields Hire 0 Equipment 8,420 Stationary & Computer Costs 845 Event Costs 425 Training 715 Subscriptions 0 Bank Charges 61 Clothing / Uniform 31 Insurance 790 Telephone 60 Sundries 1,380 Temp Staff Costs 0 |
90,176 85,001 |
51,600 2,545 8,712 0 14,315 1,749 106 286 0 40 0 767 55 1,464 0 |
86,694 81,639 |
| Operating Profit Interest received |
5,175 0 |
5,055 0 |
|
| Profit on Ordinary Activities | 5,175 | 5,055 |
This page does not form part of the statutory financial statements
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The Sombornes Pre-School
Unaudited Financial Statements
For The Year Ended 31 July 2023
Independent Examiners Report
Report to the trustees/ members of: The Sombornes Preschool On accounts for the year ended: 31 July 2023 Charity Number: 1143613 Responsibilities and basis of report: As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
· the accounting records were not kept in accordance with section 130 of the Charities Act; or · the accounts did not accord with the accounting records; or · the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Signed on behalf of Purenumbers Accounting Ltd, dated 5th March 2024
This page does not form part of the statutory financial statements
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