**NETTLESTEAD AND WATERINGBURY PRE-SCHOOL AND OUT OF SCHOOLS CLUB** ## **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** **REGISTERED COMPANY NUMBER: 07718671 (England and Wales) REGISTERED CHARITY NUMBER: 1144343** **NETTLESTEAD AND WATERINGBURY PRE-SCHOOL AND OUT OF SCHOOLS CLUB** ## **CONTENTS OF THE FINANCIAL STATEMENT FOR THE YEAR ENDING 31 AUGUST 2024** ||**Page**| |---|---| |**Report of the Trustees**|**1**| |**Statement of Financial Activities**|**2**| |**Balance Sheet**|**3**| |**Notes to the Financial Statements**|**4 to 6**| |**Detailed Statement of Financial Activities**|**7**| **NETTLESTEAD AND WATERINGBURY PRE-SCHOOL AND OUT OF SCHOOLS CLUB** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 07718671 (England and Wales) ## **Registered Charity number** 1144343 ## **Registered Office** Maidstone Road Nettlestead Maidstone Kent ME18 5ER ## **Directors** Mrs. S Mason Mrs. A German Mrs. L Hammond Mrs. F Hollington Mrs. E Chenery (Appointed 13th November 2023) ## **Company Secretary** Mrs. A German ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee as defied by the Companies Act of 2006. ## **Risk Management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **Approved by order of the board of trustees on 24th April 2025 and signed on its behalf by:** ## **Mrs. E Chenery** - 1 - **NETTLESTEAD AND WATERINGBURY PRE-SCHOOL AND OUT OF SCHOOLS CLUB** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024** - 2 - **NETTLESTEAD AND WATERINGBURY PRE-SCHOOL AND OUT OF SCHOOLS CLUB** ## **BALANCE SHEET AS AT 31 AUGUST 2024** The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024. The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015). The financial statements were approved by the Board of Trustees on 24th April 2025 and were signed on its behalf by: Mrs. E Chenery - 3 - **NETTLESTEAD AND WATERINGBURY PRE-SCHOOL AND OUT OF SCHOOLS CLUB** ## **NOTES T** ~~**O**~~ **THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **1. ACCOUNTING POLICIES** ## **Accounting convention** The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates to write off each asset over its estimated useful life. Plant and machinery etc. - 25% on reducing balance ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease. ## **2. ACTIVITIES FOR GENERATING FUNDS** - 4 - **NETTLESTEAD AND WATERINGBURY PRE-SCHOOL AND OUT OF SCHOOLS CLUB** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 2024** ## **3. COSTS OF GENERATING VOLUNTARY INCOME** **4. NET INCOME / (OUTGOING) RESOURCES** ## **5. TRUSTEES & RETUIREMENT BENEFITS** There were no trustees’ remuneration or other benefits for the year ended 31 August 2024. **6. STAFF COSTS** No employee received emoluments in excess of £60,000. - 5 - **NETTLESTEAD AND WATERINGBURY PRE-SCHOOL AND OUT OF SCHOOLS CLUB** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 2024** ## **7. TANGIBLE FIXED ASSETS** ## **8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** ## **9. MOVEMENT IN FUNDS** - 6 - ## **NETTLESTEAD AND WATERINGBURY PRE-SCHOOL AND OUT OF SCHOOLS CLUB DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 2024** - 7 -