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2021-03-31-accounts

THE TREEHOUSE TRUST

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 [ST] MARCH 2021
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THE TREEHOUSE TRUST

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Company Registration 07655828 Charity Registration 1143650

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THE TREEHOUSE TRUST

REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS

Names of Trustees: Tim Hirst (Chair), Alison Robertson, Jane Randle, Lesley Carrington

Names of Senior Staff: Lee Ryman, Sharon Julian Andrea Turner, Laura Lee

Charity number: 1143650 Company number: 07655828 Registered Address: The Treehouse School 37 Wallingford Road Cholsey Oxfordshire OX10 9LG

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THE TREEHOUSE TRUST

REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS

CONTENTS

Chair’s Report Page 4 – 5 Report of the Trustees Pages 6 – 7 Independent examiner’s report Page 8 Statement of financial activities Page 9 Balance sheet Pages 10 - 11 Notes to the financial statements Pages 12 - 15 Detailed Income and Expenditure Account Pages 16 - 18

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THE TREEHOUSE TRUST

REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS

CHAIR’S REPORT

Dear Donors, Supporters and Friends,

It seems like the last year has flown by in a series of fits, starts, lockdowns and isolations and yet, once again, our Treehouse School has emerged fighting fit, if a little wearied after our 9[th] year of successful operation.

The good news was that the major challenge of the year was shared by the entire world – Covid! After years of innovation in terms of education we were arguably better placed than most to deal with the issues that a global lockdown brought to schools everywhere. Our incredible teachers swung into action immediately to assess the impacts and to develop a curriculum that would be educational, engaging and entertaining despite being delivered virtually. The whole gang fell in behind their lead to develop new materials, new communication tools, new approaches and new ways of making sure that the negative impact on the education of our children was minimised and all possible opportunities were seized.

Despite many representations and applications all our requests for finance from the Government schemes were turned down – apart from a small contribution from the Job Retention Fund. The impact of the lockdowns meant that we were prevented from holding our regular fund-raising events – crucially the 10k and Bike Sale. This would prove just another hurdle for us to overcome.

Once again, our loyal friends and supporters rose to the challenge. We managed to hold – mainly thanks to Sally & Paul Ecclestone – a virtual bike sale which managed to raise almost the same amount as when we were last able to hold it in reality. Many of the runners who had signed up to the 10k took part in a virtual 10km run and very few runners took up our offer of a refund. This is typical of both the generosity which the Treehouse spirit epitomises and the creativity and dedication of our very, very good friends.

The main reason we all do whatever we can to be a part of the Treehouse is to support the education of the children. This year was particularly trying for everyone concerned from the parents unexpectedly having to restructure their entire lives to deal with the virus to the teaching staff using technologies, that were hitherto an adjunct to teaching methods, as the main means of teaching and to the children, so used to the Treehouse ways of team working, outdoor healthy living and positive interaction across the whole of our society. Only time will tell if the effects of this virus will extend beyond the immediate future but the way in which we have worked together to deal with novel and complex problems has been a valuable – if sometimes painful – learning experience for many of us.

Every year we send another group of year 6 pupils onto the next stage in their education. We had to work even more assiduously than usual to ensure as smooth and happy a transition as possible. All 5 of our leavers were

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REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS

really unfortunate not to be able to enjoy the normal Treehouse celebration of their school journey with the whole Gang but we have since learned that the resilience they developed has prepared them well for the step up to ‘Big School’.

We have also learned many lessons in the use of the Ferre Laever scales to ensure that all children are helped to maximise their own potential across all areas of the curriculum. Not least the fact that, by focussing on the Well Being and Involvement aspects we were able to work with the children to achieve a ‘catch up’ at rates not seen in mainstream education. This further underlines our confidence in, and commitment to, the ethos of keeping wellbeing and involvement at the heart of our approach to education. The evidence that we see, year after year, supports the idea that, when children are happy and engaged, they learn better.

Tim Hirst

28 March 2022

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THE TREEHOUSE TRUST

REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS

REPORT OF THE TRUSTEES

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report together with the unaudited financial statements for the year ended 31 March 2019.

The format and content of this report and financial statements comply with the requirements of the Companies Act 2006, the Company’s Memorandum and Articles of Association, the Charities Act 1993 and the Statement of Recommended Practice (SORP), ‘Accounting and Reporting by Charities’ 2005.

The Treehouse Trust was incorporated on 2 June 2011 as a charitable company limited by guarantee with company registration number 07655828 and charity registration number 1143650. The Trust has achieved a great deal since it was set up largely due to the support and commitment of well over fifty volunteers.

You can follow the progress of the school and trust on our website:

www.thetreehouseschool.org.uk

The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the accounts and comply with Charity’s Memorandum and Articles of Association, applicable law and the requirements of the SORP issued in March 2005.

Structure, Governance and Management

The trustees, some of whom are also directors for the purpose of company law and who served during the year were Tim Hirst (Chair and Treasurer), Alison Robertson, Jane Randle and Lesley Carrington

Trustees are elected by the Board to fill a vacancy or to enhance the particular skills of the Board. Potential Trustees are identified from a wide range of scholastic, business and professional fields and are considered against the Trust’s specifications concerning eligibility, competence and specialist skills. They are elected at a meeting of the Board. New Trustees are inducted by the Chairman of the Trust. Training is offered to all trustees. The Trustees are legally responsible for the overall management of the Trust and its objectives.

The Company has no share capital and consequently no Trustee has any interest in the Company. The liability of the Trustees is limited to the extent of £1 each in the event of the Company winding up.

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees, who are also the directors of The Treehouse Trust for the purpose of company law, are responsible for preparing the financial statements in accordance with the requirements of the Charities

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REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS

Act 2011 (“the Act”). The Trustees consider that an audit is not necessary for this year under section 122(20) of the Act.

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the trust and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company exemption

This report has been prepared in accordance with the special provisions in Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD

T Hirst 22 March 2022

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REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS

INDEPENDENT EXAMINER’ S REPORT TO THE TRUSTEES OF THE TREEHOUSE TRUST

I report to the Trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/21.

Independent examiner’s statement

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.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that, in any material respect:

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.

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THE TREEHOUSE TRUST

REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[ST] MARCH 2021

INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2021 INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2021
31.3.21 31.3.20
Notes £ £
TURNOVER 13,843 12,955
Cost of sales (9,231) (8,974)
GROSS SURPLUS 4,612 3,981
Administrative expenses (47,055) (52,285)
(42,443) (48,304)
Other operating income 48,385 54,199
OPERATING SURPLUS and
SURPLUS BEFORE TAXATION 5,942 5,895
Tax on surplus - -
SURPLUS FOR THE FINANCIAL
YEAR 5,942 5,895

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THE TREEHOUSE TRUST

DETAILED INCOME AND EXPENDITURE FOR THE FINANCIAL STATEMENTS

FOR THE YEAR END MARCH 2021

BALANCE SHEET 31 MARCH 2021

Notes
FIXED ASSETS
Tangible assets
5
CURRENT ASSETS
Stocks
Cash at bank
CREDITORS
Amounts falling due within one year 6
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
RESERVES
Income and expenditure account		 31.3.21
£
146,732
300
32,851
33,151
(948)
32,203
178,935
178,935
178,935		 31.3.20
£
147,413
300
31,313
31,613
(6,033)
25,580
172,993
172,993
172,993

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

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THE TREEHOUSE TRUST

DETAILED INCOME AND EXPENDITURE FOR THE FINANCIAL STATEMENTS

FOR THE YEAR END MARCH 2021

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 30 March 2022 and were signed on its behalf by:

T Hirst - Director

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2021

THE TREEHOUSE TRUST

1. STATUTORY INFORMATION

The Treehouse Trust is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings - not provided Plant and machinery etc - 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

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THE TREEHOUSE TRUST

DETAILED INCOME AND EXPENDITURE FOR THE FINANCIAL STATEMENTS

FOR THE YEAR END MARCH 2021

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2020 - 4).

4. OPERATING SURPLUS

The operating surplus is stated after charging:

31.3.21 31.3.20
£ £
Depreciation - owned assets 681 2,493

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THE TREEHOUSE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2021

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1 April 2020
and 31 March 2021 144,689 16,618 161,307
DEPRECIATION
At 1 April 2020 - 13,894 13,894
Charge for year - 681 681
At 31 March 2021 - 14,575 14,575
NET BOOK VALUE
At 31 March 2021 144,689 2,043 146,732
At 31 March 2020 144,689 2,724 147,413
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21 31.3.20
£ £
Taxation and social security 948 948
Other creditors - 5,085
948 6,033

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DETAILED INCOME AND EXPENDITURE FOR THE FINANCIAL STATEMENTS

FOR THE YEAR END MARCH 2021

7. ULTIMATE CONTROLLING PARTY

The controlling party and the ultimate controlling party are not known.

The company is Limited by Guarantee so there are no shareholders and no persons with significant control.

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THE TREEHOUSE TRUST

DETAILED INCOME AND EXPENDITURE FOR THE FINANCIAL STATEMENTS

FOR THE YEAR END MARCH 2021

31.3.21
£
£
Sales
13,843
Cost of sales
Opening stock
300
Purchases
9,231
9,531
Closing stock
(300)
9,231
GROSS SURPLUS
4,612
Other income
Fundraising
16,707
Donations received
15,791
Ancillary income
4,992
Costs re non trade income
(951)
Gift Aid
6,080
Government grants
2,966
Other grants
2,800
48,385
52,997		 31.3.20
£
531
8,743
9,274
(300)
22,553
32,788
8,855
(9,997)
-
-
-		 £
12,955
8,974
3,981
54,199
58,180

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THE TREEHOUSE TRUST

DETAILED INCOME AND EXPENDITURE FOR THE FINANCIAL STATEMENTS

FOR THE YEAR END MARCH 2021

Expenditure

Rates and water 418 522
Light and heat 436 1,858
Employees and freelancers 38,438 31,977
Pensions 1,179 530
Telephone, internet etc 1,538 1,183
Motor expenses 659 1,201
Licences and insurance 1,138 1,485
Training, books, etc 544 2,212
Repairs and renewals 175 964
Sundry expenses 419 360
Accountancy 860 1,200
Professional fees 570 6,300
Depreciation of tangible fixed assets
Motor vehicles 285 1,710

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THE TREEHOUSE TRUST

DETAILED INCOME AND EXPENDITURE FOR THE FINANCIAL STATEMENTS

FOR THE YEAR END MARCH 2021

31.3.21
£
£
Brought forward
46,659
52,997
Computer equipment
396
47,055
NET SURPLUS
5,942		 31.3.20
£
51,502
783		 £
58,180
52,285
5,895

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