Company Number: 07776843 Charfty Number: 1144315 Roundabout Pre-school Ltd Trustees. Report and Financial Statements for the Year Ended 31 August 2023
Roundabout Pre-school Ltd Contents Page Charlty Informatlon ............................................................................................ Report of the Trustees......................................................................................... Independent Examinerfs Report............................................................................ Statement of Ffrnanclal Actlvltles.................... .............. 8alants Sheet.................................................................................................... Notes to the Flnanclal Statements ...........................
Roundabout Pre-school Ltd Charity Information Trustees: Rebecca Leo Rttian Hartley Stella Wagner Secretsry: Maren Swift Mana9•m•nt Committ•e: Rebecca Leo Rhian Hartley Stella Wa9ner Felicity Thompson Charloite Walker Sara Healy Pr••School leaders: Adele Layeock (Pre-school Manager) Maren SwSft Iofflce Manager) Prlncipal and re9lstered offlce: The Portacabin Horsforth Newlalthes Prlmary School Vlctoria Crescent Horsforth Leeds LS18 SEW Independent Examlner.. Karen Wood ACMA CGMA Chartered Management Accountant Outsource Accounting Services and Independent Examinations Hiscox Building Peasholme Green York YOI 7PR 07759700068 •nk¢r•: HS8C 88 Town Street Horsforth Leeds LS18 4AR
Roundabout Pre-school Ltd Trustees, Report for the Year Ended 31 August 2023 The Trustees. who are a150 Directors for the purposes of company law, are pleased to PSent their annual report together with the financial statements of the charity for the year ending 31 August 2023. The financial statement5 comply wlth the Charfties Act 2011. the Companles Att 2006, the Artlcles of As50clatlon and Accounting and Reportlng by Charitles.. Statement of Recommended Practlce applicable to charitles pparing their accounts In accordance with the Financial Reporting Standards applicable in the UK and the Reputllc of Ireland (FRS102) leffecyve l January Z019). Reference •nd Admlnljtratlve ()etall• The Charlty Informatlon page fomis part of this report. Strnrture, Governanc• and M•n•9ement The company was incorporated on 16 September 2011 under the Companles Att 2006. The charity is constituted as a company Ilmited by guarantee and is theft govemed by a memorandum and articles of association. On 29 December 2011 the artivrtles of the unlncorporated charlty 'Roun(Jabout Playgroup, ChatY No: 1005984 ceased and the net assets and artivities of that chanty We transferred to 'Roundabout Haygroup,. In February 2014 the name of the Charity was changed to Roundabout Pre-school Ltd. The charltsble cornpèny Roundabout Pre-school Ltd caters for children under statutory school age from two and a half to f6ve year5 old and Is run in accordance with the model p-School Learning Alliance constitution. As an OFSTED reglstered preschool, it alm5 to provide quality and affordable learnlng through play in a caring, friendly and safe environment. 51x pald staff are employed to provlde dally morning session5, as w11 as three aftemoon sessions, at the pre-school. The costs of runnlng the pre-school are met by incoff from fees, grant fundlng and furTrdralsing by the harltable company. The Trustees and the management commlttee meet regularly to oversee the runnlng of the charity and have complied with the duty In sect(on 17 of the Charities Act 2011 to have due gartl to public benefit guldance pub115hed by the Charity Commission. Trustees are elected each year, usually at the AGM. All Trustees glve thelr time voluntsrily and receive no remuneratSon or other benefits. The Trustees conslder the Nursery Manager (Adele Laycock), and the Office Manager {Maren Swlft) to be the key management personnel of the charity in charye of dirertlng and controlllng the chaty ond running and operating the charlty on a day to day basls. The pay of the charity's key personnel are reviewed annually and normally Increased Sn accordance with average eamings. The MUneration is also bench-marked wlth charities of a slmilar slze and activity to ensure that the remuneration set Is fair and not out of Ilne with that generally pald for similar roles. Objertlves and Actlvltles The aims of the Pre School are to enhance the development and education of children primarfly under statutory school age by encouraging parenls to understand and pmvK1e for the needs of their thildren throLbgh community 9roups and by: (a) Offering a welcoming and stimulatlng, developmentally appropriate environment for our children and families regardless of race, culture, religlon or ab¥lity. To keep up to date with the Eady Years Foundation Stage (EYFS), offering chlld inillated acbvitie5 (using children's interests as the vehide for our planning). Ib)
Roundabout Pre-school Ltd Trustees. Report for the Year Ended 31 August 2023 (Continued) Flnanclal Revlew The Pre-sthool's income for the year was £105.121 (2022: £72,155) and expenditu £90,897 (2022- £73,575) resulting In a 5urpliJs of £14.224 {2022: deficit of £1,420). Our total funds as at 31st August 2023 stood at £90.931 (2022: £76.707). Reserves Poll¢v The management commlttee have establlshed a poliry WhebY unrestricted funds not committed or Invested in tangible fixed assets ('the free reserves'l held by the charity shoLtrld be approximately 6 months of expenditure. which amounts to £37.OCN). The current level of free reserves is £90.554 12022: £76,204} which is well above the target level outlined above. The Trustees consider it pwdent to set aside addits.onal reseryes. The Trustees will revlew the reserves policy annually. A¢hlev•ments and Perforniance Thls year Roundabout's numbers have cOnnUed to rlse, and the commlttee and staff have ensured that the spate and staffing levels matth the demand. Roundabout staff keep up to date with tralning and changes to the EYFS. Two members of staff are working towèrds their level 3 qualifjcations for the Early Years workforce. A Parenu carer survey was sent out to all parentslcarers in january 2023 and the feedback the staff and setting received was exceptional. Induding.. -Excellent staff, my kld is very happy at the nursery- "The staff at Roundabout are eXptIonal. Their carln9 & nurturing attitude has had such positive impatt on my chlld. She feels very at home the & I feel confident her emotional needs re bein9 met. "Just thank you. Amazlng enthusiasm for your Jobs and I feel so relaxed and comfortable on the days my children are In your care.- Some feedback from the survey asked for more feedbacvphotos on what the chlldren are up to day to day. The staff and committee worked together and came up with each chlld havlng a commvnicatlonl handover book to improve the communication between parents/ caerS and staff and this Is working well. The staff have aiso created a prlvate Facebook group to communicate more wlth parents and carers. We also welcorned parents and Ca15 back Into the setting t[ thos year and plan to have a day each temi next year where parents can come Into the settin9 to be with thelr chlldren Jnd see them at Roundabout. {This is on top of settling sessions which take place for every new chlld belng welcomed to Roundabout). AGM We welcomed 10 parents to our AGM. Hazel Morgan asked to step down from being Treasurer and Fellcity Thompson asked to step down from being sectrry. Stella Wagner showed interest to become Secretary and was voted and appointed. After the AGM Rhlan Hartley was voted In as Treasurer. L••ver• The school transition days were successfiJl sesslons Wlth support from staff to get adY for school. 23 chlldren left at the end of summer to start school. Fundralslng Our general approath Is to ralse funds ourselves and not to use third parties. We use technlque5 that are ethical, legal, do not ineonvenience the public, and are not detrimental to our good name or standing in the local comrnunlty. We do not use general soliotatlon techniques by telephone or door- to-door, and all fundraisin9 activities undertaken follow the Fundraising Regulators Code of Fundraising Practice. We have recelve41 no complaints about fundraising during the year.
Roundabout Pre-school Ltd Trustees. Report for the Year Ended 31 August 2023 (Continued) The fundraising events thls year were-. Build a brick involved the children and staff. Valentines Day raffle, Easter raffle. Christmas raffle. Guess how many sweets are In the jar (at our Easter day, where parentslcarers came in to Roundaboutl, Guess the teddy bearf5 name (at our Easter dayi where parents/¢arers came in to Roundabout), Win a lion teddy (at our Kin9's coronation celebration, when parents andl carers came into Roundabout to celebrate with the children). Marketlng Sotial media marketlng has Improved, however our.vlslbility" In the communlty could possibly be Improved by particlpation in the Horsforth Gala or other local events. Stsff changes Staff rna1ned on the same shifts as èt the end of the 2021122 Academlc Year. One member of staff retired this year. Al staff members have helped throughout the year by working extra shifts on days when other staff have been unable to attend due to personal reasons, and the workload has generally been shared well through the year. PrfTrclpal Fundlng Sources The prlnclpal funding source Is the Income recelved from fees and the grant from Leed5 Clty Councll for Nursery Educauon Fundin9. Plans for the future Our financial position ènd budget show that Roundabout should make a small surplus overall when looking at income versus expenditure. this COued with strong balances In both the 8uslness and Savings accouftts means we can continue to develop the Pre-school and Its staff. Trust•e$ and tholr statutory responslbllltles The Trustees responsible for preparing the Trustees. Annual Report and the financlal statements In accordance wlth appllcoble law and UK Accounting Standards (UK Generally Accepted Accountlng Pratticel, Company law requires the Trustees to ppare flnanclal statements for each financial year whlch glve a true and falr vlew of the state of affairs of the charltable company and of the incomlng resources and applicatlon ol resources, Including the income and expenditure, of the charitable company for that year. In pParIng those flnanclal statements. the Trustees are requlred to: Selert sultable accountlng policies and apply them consistently.. Observe the rnethods and princlples in the Charitie5 SORP: Nake Judgements and estimate5 that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed, subjert to any materlal departures dlsdosed and explained in the financial statements; and Prepare the financial statements on the golng concern basis unless It is inapproprlate to presume that the charltable company will contlnue In buslness for the foreseeable future. The TTUStees are responslble for keeplng proper accounting records that disdose wlth reasonable accuracy at any tSme the finarbaal posltlon of the (haritable company and enable them to ensure that the financial statements comply with the Companies Att 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detertion of fraud and other irregulantie5. Small Company Rules This report has been pPared in accordance with the speaal provislons for small companies under Part 15 of the Companies Art 2006. The flnanclal statements We approved by the Board of Trustees oft .•%. ..... .... on thelr behalf by: and approved IILe Rebecca Leo Chalr of Truste
Roundabout Pre-school Ltd Independent Examiner's Report to the Trustees of Roundabout Pre-school Ltd I report to the charity trustees on my examlnatlon of the accounts of the Charitable Company for the year ended 31 Au9USt 2023. Respon$ibIlltl and ba*1• of Mport As the charity's trustees of the Charitable Company land also Its dlrertors lor the purposes of company law} you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Art 20061'the 2006 Act,). Havlng satisfied myself that the acctyJnts of the Charitable Company are not requlred to be audited un¢Jer Part 16 of the 2006 Act and a eligible for independent examination, I report In respect of my examlnation of your chanty's accounts as carried out under section 145 of the Chanties Act 2011 1.the 2011 Art,). In carrying out my examination I have followed the Directions glven by the Charlty Commlsslon under sectfjon 14515)(bl of the 201 l Act. This report, induding my statement. has been prepared for and only for the charity's trustees as a body. My work has been undertaken so that I might state to the charity's trustees those matters I am requlred to state to them in on independent examinerfs report and for no other purpose. To the fullest exteftt pemiitted by law, I do not 0pt or assume responslbillty to ènyone other than the charlty and the charity's twstees as è body for my examinatlon work, for thls report, or for the statements I have made. Independent Examln•rfg S¢atem•nt I have completed my examinatjon. I confirm that no matters have come to my attentlon in ¢onnectlon with the examinatlon glvlng me cause to believe: l. accounting records were not kept Sn respect of the arttable Company as required by settlon 386 of the 2006 Act; or 2. the accounts do not accord wlth those records,. or 3. the accounts do not comply with the accountlng requlrements of sertlon 396 of the 2006 Act other than any requirement that the accounts 9lve a true and falr view whlch Is not a matter considered as part of an Independent examination. or 4. the accounts have not been prepared In accordance wlth the methods and princlples of the Statement of Recommended Practlce for accountin9 and reportln9 by chariUe5 applicable to chbritle5 preparing their accounts in accordance with the Flnancial Reportlng Standard applicable in the UK and Republlc of Ireland IFRS 1021. I have no concems and have Come across no other matters connertjon wlth the examlnation to which attentlon should be drawn In thls port in order to enable a proper Ltnderstsnding of the accounts to be reathed. 0511012023 Karen Wood ACMA CGMA Outsource Accountlng Services and Independent Examlnations Hiscox Building Peasholme Green York YOI 7PR
Roundabout Pre-school Ltd Statement of Financial Actlvities for the Year Ended 31 August 2023 (Incorporating the Income and Expenditure Account) Note 2023 2022 Income from: Donations Charitable activitles Other trading artivities Investment income Other income Total Income 138 103,451 590 70,734 584 26 221 836 696 105 121 Expendlture on: Charitable activities Total ex endlture 90,897 73,575 Net Income /(expendltur¢) and net movement in funds 14,224 (1,420) Total funds at 31 Au ust 2022 Total fund$ at 31 Au ust 2023 All funds In thls and the prlor year were unrestrlcted and relate to contlnulng operatlons. There were no recognised galns and losses for 2023 or 2022 other than those included in the income and expendlture account. The notes on pages 8 to 14 form part of these financial statements. The Statements of Financlal Artivities also complies With the requirements for an income and expenditure account under the Companles Art 2006.
Roundabout Pre-school Ltd Balance Sheet as at 31 August 2023 2023 2022 Not• Flxed Assets Tangible a55ets 377 503 Current Assets Debtors Cash at bank and In hand 750 92,140 Credltors Amounts Falling Due Within One Year Net Current Assets io Total Assets Les• Current Llabllltles Fund• Unrestricted funds Totsl Furbd$ For the flnanclal year ended 31 August 2023 the company was entitled to exemptlon from audlt under sertlon 477 Companles Act 2006. No member of the company has dep051ted a notice, pursuant to section 476, requlrlng an audit of these financjal statements under the requlrements of the Companles Act 2006. The Trustee5 acknowledge rhelr responsibilrtles for ensurin9 that the charltable company keeps accounting records bhich comply with sertion 386 of the Act and for preparing financial statements whlch give a true and tsir view of the State of affairs of the tharitsble company as at the end of the flnancial year end of Its Income and expenditure for the finandal year In accordance with the requirements of sectlons 394 and 395 and which otherwise comply wlth the requirements of the Companles Act 2006 relating to accounts, so far as applicaole to the charitable company. These financlal statements have been prepared in accordance wlth the provlslons appllcable to companles subjecr to the small companles wime wlthln Part 15 of the Companles Art 2006. The Flnanclal Statements were approved by the Trustees on ..27.9.,.4nd slgned on thelr behalf by: Chalr of Ttut••A Company number: 07776843 Charlty number: 1144315 The notes on page5 8 to 14 forni part of these flnanual statements.
Roundabout Pre-school Ltd Notes to the Flnancial Statements for the Year Ended 31 August 2023 Accounting Pollcies The principal accounting policies adopted. Judgements and key sources of estimatlon uncertainty n the preparatlon of the financlal statements are as follows,. Company Inforniation Roundabout Pre-school Ltd is a company Ilmlted by guarantee, the liability of the Trustees Is limlted to El. and a charity wistered in England and Wales. The reglstered offlce 15 The Portacabin. Horsforth Newlaithes Prtmary School, Virtoria thscent, Horsforth. Leeds. LS18 SEW. Attounting conv•ntign The financial statements have been prepared on a golng concern basls In accordance wlth Accounting and Reporting by Charities.. Staternent of Recommended practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appllcable In the UK and Republlc of Ireland IFRSL021 (effective l Janlrary 2019) l-charities SORP (FRS1021°l. the Financial Reporttng Standard applicable in the UK and Iland {FRS 1021, the Companies Act 2006 and the Charities Art 2011. The financlal statements are presented In Sterling, which Is the funrtlonal currency of the charfty. Monetary amounts in these financi statements ère rounded to the nearest £1. The flnancial statements have been pregared under the hlstorlcal cost conventlon, a5 modifled by the revaluatlon of certain fixed assets. Goln9 concern The Trustees have prepared Ilnanclal projectlons, taklng Into conslderation the cuent economlc cllmate and its potentlal Impact on the sources of income and planned expenditure. They have a reasonable expectatlon that adequate financial restrceS are available to enable the charity to contlnue in operational existence for the foreseeabfe fvture and have adequate contln9ency plans If income streams are redud. Consequently, the financlal statements h)ve been prepared on the basls that the chJrity1s a golng concern. Charltoble fund$ General unrestrtct•d lunds - are donations and other Income recelvable or 9enerated ftsr the objetts ol the chanty wlthout furtP*er specrfied purpose and are avallable ès general funds. Incom• Income is recognised when the charlty has entltlement to the fvnds, any perforrnance conditlons attached to the Items of Income have been met, it Is probable that the income wlll be recelved, and the amount can be measured reliably. Voluntary Income is received by way of donatlons and glfts and 1$ induded In the Ststement of Flnancial Actlvltles ("SoFA-I when receivable. Grants, where entitlement Is not conditional on the delTvery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the 8rant. Investment Income 1$ induded when recelvable and the amount can be measured reliably by the chanty. The charlty benefits greatly from the Involvent and enthuslastic support or Its many volunteers, details of whlch are glven in our annual port. In accordance Chadties SORP IFRS 102), the economic contribution of general volunteers is not recognised In the accounts.
Roundabout Pre-school Ltd Notes to the Financial Statements for the Year Ended 31 August 2023 (Continued) A¢¢ountin9 Policies (contlnued) Expendlture and Irrecoverable VAT Expenditure, which includes attributable VAT whlch cannot be reCoved, Is ¢09nIsed once there is a legal or construttive obligation to make a payment to a third party. it Is probable that settlement WIN be required and the amtwrtt of the obligation can be measured rellably. CharStable expenditure comprises those costs incurred by the charity in the deliverance of Its actlvities and services for it5 beneficlaries. It indudes both costs that can be dirertly allocated to SLbch actlvities and those costs of an indlrect nare necessary to support them. Governan costs, Included in support costs, Indude those Costs incurred in the governance of the charity and its assets and are prlmar(ly associated with constltutlonal and stJtutory qU1MentS and are allocated to charitable activities. All cost5 are allocated between the expendtture cjtegorles of the SOFA on a basis designed to reflect the use of the resource. Costs relatln9 to a particular actlvlty are allocated dlrectly, others are apportboned on an appropriate basis as set out In Note 4. Irrecovernble VAT is charged as a cost agalnst the attivlty for whlth the expendlture was Incurred. Operatlng l••se$ Rentals applicable to operating leases are charged to the SOFA on a stralght-llne basss over the term of the lease. Staff costs The costs of short-term employee benefits are recognised as a Ilèbillty and an expense where settlement of obllgations does not fall within the same period. P•n•lon cwt• The charity contribute5 to indivldual employtt5' defined contrtbutlon schemes. The cost of the contrfbutlons Is charyed to the Income and expendlture occount in the period to whlch they relate. T•x•tlon Roundabout Pre-school Ltd Is è registered charlty and as such Is a chadty wlthln the meanlng of schedule 6 01 the Finance Act 2010. Accordingly, the Charily is Potentially entitled to tax exemption under part 11 of the Corporation Tax Art 2010 or Section 256 of the Taxation of Chargeable Galns Act 1992 In respect of Income and galns arlslng. T•ngible fixed assets d•precl•tlon Tanglble nxed assers costlng more than £500 are capltsused an¢J stated at cost less accumulated dep(latiOn. Depreclatlon Is provided at rates calcuted to write off the cost of fixed assets, less thelr estimated resldual value over thelr expetted useful Ilves on the followlng bases: Nursery equipment Computer and office equlpment 2S% reducing balance 25% OutIng balance Assets are revieY4ed annually for impairment. Where the 15 an impairment, the differen between the assessed recoverable value of the asset and its written down cost is charged to the staternent of Financial Activitles. Cash at bank and In hand Cash at bank and cash in hand indudes cash and short temi hlghly liquld investments wlth a short maturity held for working capital.
Roundabout Pre-school Ltd Notes to the Financlal Statements for the Year Ended 31 August 2023 (Continued) Accountlng P¢licie5 {contlnued) Flnanclal Instruments The charity has elected to apply the provlslons of Sertion 11 'Basic Financlal Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instrurnents. Finandal Instruments are recognised In the charity's balan sheet when.the charlty become5 party to the contractual provlsions of the instrumertt. Finandal assets and liabilitles are offset, with the net amounts presented In the flnancial statements. when there is a legally enforceable rlght to set off the reco9nised amounts and there Is an intention to settle on a net basis or to realise the a55et and setue the liability slmultaneously. 8ask Ilnandal assets Baslc tlnanclal assets, whlch Indude debtors and cash and bank balance5. are Inltlally measured at transaction price Including transartion costs and a subsequently carrfed at amortised cost using the effectlve interest method unless the arrangement constltutes a flnanclng tran5attion, where the transaction Ss measured at the present value of the future recelpts discounted at a market rate of interest. Financial a55ets dassified as weivable withln one year are not amortlsed. Impalrm•nt of Iln•nd•l •ss•ts Flnancial assets. other than those hdd at falr value through income and expenditure, are assessed for indicators of Impairment at each reporting date. Finandal assets are impaired where there Is objective evidence that, as a $It of one or more events rhat occurred after the initial recognition of the financial asset, the e#imated future cash flows have been affected. If an asset Is Impalred, the impairment loss Is the difference between the carrySng amount and the present value of the estimated cash nows dlscounted at the asset's orlglnal effettive Intest rate. The impaimient 1055 Is recognised in net income/(expenditure) for the year. If there is a de¢rea5e in the impalrnient loss arlslng from an event occurrlng after the Impalrment was recognlsed, the impairnient is reversed. The reversal Is suth that the current carrylng amount does not exceed what the carrylng amount would have been, had the impairment not prevlously been recognlsed. The Impalrment reversal Is recognlsed In net Incomel{expendlture) for the year. D•rn¢o9nitlon of financlal assets Financial assets are derecognised only when the contractual rfghts to the cash flows frDm the asset expl or a settled, or when the charifv translers the financial asset and substantSally all the risks and rewards of ownership to another entity, or if 50me significant rlsks ènd rewards of owner5hlp a retained but control of the asset has transferred to another party that is able to sell the asset In its entlrety to an unrelated thlrd party. 8&sk Ilnancl•l 118bllltles Basic financial liabilities, indudlng c[tOrS and bank loans are InltlolSy reco9nlsed at transartlon prlce unless the arrangement constitutes a financing transactlon, where the debt Instrument Is measured at the present val¥Je of the future payments dixounted at a market rate of Interest. Financial liabilities dassified as payable within one year are not amortised. Debt Instruments are subsequently carried at amortlsed cost, uslng the effectlve Interest rate method. Trade creditOf5 are obligatlons to pay lor 9oods or servlces that have been acqulred In the ordlnary course of operations from suppliers. Amounts payable are da55ified a5 current Ilabillties if payment is due within one year or less. If not, they are presented as non-current liabillties. Trdde treditors are recognised initially at tran5attion Pr1 and subsequently measured at amortised cost uslng the effective interest method. Dereco9nition oi financial liabilitles Financial liabilities a derecognised when the charity's contractual obli9atlon5 expire or are discharged or cancelled. 10
Roundabout Pre-school Ltd Notes to the Financlal Statements for the Year Ended 31 August 2023 (Continued) Accountln9 Pollcle5 (contlnued) Critical Accountln9 Estimates and Jud9ements In the application of the Charity's accounting pollcles, the TStee$ are requlred to make judgernents, estimates and assumptions otx)ut the carrying amount of assets and liabilities that are not readily app?nt from other sources. The estimates and associated assumptions are based on historical experience and other factors that a consided to be relevant. Actual results may differ from these estimates. The estimates and undetlylng assumptions are reviewed on an ongoing basls. RevSsions to accounting estimates are recognTrsed in the period in wh4ch the estimate is revised, If the revision afferts only that period. or in the perlod of the revision and fvture periods if the revislon affects both current and future penoos. After review the frustees consider that there are no critical estimates and Judgements which have a slgnificant risk of causing a materlal adjustment to the carrying amount of a55ets arbd Ilabllltjes wlthln the finandal statements. Donatlons 2023 2022 Leeds Clty Councll deprivatlon upllft Gift Aid reclaimed 507 83 590 138 138 In¢om• Vrom• Charltabl• Actlvftl•• 2023 2022 Leeds Clty Councll - Nursery Educatlon fundlng Nursery Fees Leeds Cl Councll -Ead Years Fundin 62,672 33,842 43,537 22,436 for Incluslon 103 451 11
Roundabout Pre-school Ltd Notes to the Flnanclal Statements for the Year Ended 31 August 2023 (Continued) Ch•rltablo Adlvlti The charity has one tharitable activity whlch Is the provision of Nursery Education 2023 2022 Costs dlr•¢tly attrlbutabl• to charltable xtlvlty: Wages and penslon costs Temporary staff costs Rent 74.949 60,472 556 6,090 277 939 7,438 255 3,283 57 122 Mllk and refreshments Play equipment, materlals. supplles Addltlonal activities Cleanlng, renewals and malntenance Advertlslng Jnd publlclty staff tralning and expenses Insurance and subscriptlons Administrative costs Payroll costs Independent examlnatlon Depreciation 360 593 53 510 1,089 1,864 454 750 126 752 899 1,315 351 750 168 73,575 90,897 N•t Incom• for th• Yur Thls l tated •ft•r ¢h•rylnq 2023 2022 Inde endent examlnerfs fee 750 750 employm Znformatlon The average number ol emr4oyees was 8 {2022:7). staff costs durlng the period as follows: 2023 2022 Wages and salaries Pension Costs 72.717 59,161 860 Durlng the year the charfty made contributions to a defined ttjntribution pension scheme wlth The Peoples. Penslon for the benefit of its employees. Penslon contributions of £nil We unpaid at 31 August 2023 (2022.. £177). No ernployee received emoluments of more than £60,000 In the current or prfjor year. The charity conslders Its key management personnel to be the Pre-school leaders listed on page 2. The total remuneration paid to its key management personnel in the year Includlng employer perbsion contributions was É27.710 (2022- £26.072). 12
Roundabout Pre~School Ltd Notes to the Flnanclal Statements for the Year Ended 31 August 2023 (Continued) Trustee Inforniatlon o Tnjstee received remunerntion or any other benefits for thelr servlces durlng ojrrent or prlor year. No Trustee5 received any reimbursed expenses during current or prfor year. Tanglble Flxed Assets Nursery Computer and Equipment Office Equlpm•nt Total Cost.. AtISe tember 2022 At31Au ust 2023 Deprecl•tlon: At I September 2022 Cha e for the ear At31Au ust 2023 2.559 52 1,921 74 4,480 126 N•t Book Valu• At31Au ust 2023 At31Au ust 2022 154 206 223 297 377 503 D•btorn 2023 2022 Fees owed Other debtors and 98 652 7SO re ments io. CY•dltor• - Amounts Falllng Du• Wlthln On• Y•ar 2023 2022 Tax and 50clèl seturfty Other Credltors and accruals 636 950 685 950 13
Roundabout Pre-school Ltd Notes to the Financlal Statements for the Year Ended 31 August 2023 (Continued) ii. Analysis of Charitsble Funds Balance at I September 2023 Income Expendlture Balanc• at 31 August 2023 Yr •nded 31 August 2023 Ltnrestricted funds Totsl funds 105 121 105 121 Balance at I S•ptember 2022 Incom• Èxp•ndltur• 8alanc¢ at 31 August 2022 Y•ar ended 31 August 2022 Unrestricted funds Tot•1 fund¥ 12. An•11 of Net A•ts by Fund Year ended 31 August 2023 Tanglbl• Net currnnt flx4d •Mets Tot•1 Unrestricted funds 377 Y¢ar ended 31 Augu•t 2022 Yanglbl¢ Nrt Current flxed a$ts a$ets Tot•1 Unrestricted funds 503 13. Rel•ted party tr•nMctlon> There were no dlsclosable related party transactions during either thls or the prevlous year. 14