Company registtxtion number. 7818917 Charity registration Dumber. I IH776 Hawkhurst Pre School Ltd (A ¢ompony limited by 8uarantee) Annual Report and Financial Slitetnents for the Year Ended 31 Au8USt 2023 Mat)nin8lons 8 High Street Heathfield East Sussex TN22 8LS Hawkhurst Pre School Ltd Contents Reference and Admtnistrative Details Trustee5' Report 2to3 Independent Examinef8 Re Statement of Financial Activities Balance Sheet No¢¢J to the Financial Statementy 7t013 Hawkhurst Pre Sehool Ltd Reference and Admlnlstratlve Detallts Trwtsel K Paton J Ha¢k¢r Ch*rlty Reglitratlon Number 1144776 CompAny ReglstrAthbD Number 7818917 R¢8kntsred Offlee Fowlers Park Rye Road Hawkhurst rN184JJ Independent Ex*Mlner Monnin8tons 8 High Street Heathfield Eost Su8sex TN22 8LS Pag¢ I Hgwkbllrst Pre School Ltd Tn￿, Report The truslecs who 8r¢ diT￿tOrS for the of company law. present th¢ annual r¢port togetlKr with Ihe financial statements of the charitsble Con4￿RY for the year ended 31 AUg￿t 2023. Struthir& governanee •md m•ll*gen￿t The overnll manag￿t of Pwe S¢lthl shall vest in iThJividual n)embers of its maTltt8einent Committee who are the company directors And charity tntsttes of the Pre School. Th¢ tn￿¢¢¢5 will appoint a Setting mana8er who will be r&sp)nsible for the to day n￿￿Irt8 of the Pre School and maDwent of slaff. The conmnittee shall CODSiS1 of. A Chair, a Treasurer and a Seerew and noi1¢s8 th4n 2 OT that 9 elected comtmitee membern. Alms #Dd Objettlv The objectives of the Pre S¢houl (th ObjKtsJ ar¢ the develojxneni and ¢dU￿tIon of the children Ptimarily under ststuwry •8e by ellcou￿ PAr¢nts th urMlerstAnd and provide for the needs of their children through wmmunity groups aDd by: Offerin8 appmpriatr pl•y. edu¢4ti0n and fxilities and tyiniD8 ¢oursK toBether with the rights of l) parents to tgke rtsN)n$ibility for and io become involved in the activities of such 8foups* en¥urin8 that such 8roups offLY OPtKlrtunities for all children whatevex their rx culture. reli8ion, means or abiliry. Encourn8in8 the study of the ne¢ds of s￿h cbildren and thcir families and pron￿1n8 public in*rest in and reewition of such need8. 3) Instigaiin8 attd adbcrin8 to and fiwtherinl the •irns and ld • poli¢y for tndu¢tin8 or trainiD8 trustees bui will coo$ider implementin8 this in the fvtur¢. The day ￿ maM8ement of the pres¢lJool is urri¢d out by a rnarA8er vkno is •p￿tni￿ by the mana8ement ¢ommittee. The manager is provided with an artnual bud8d is able to make reason8ble day to day spending decision. Any fin8n¢i41 decisions over Ind It￿¥¢ what is reasonable are presenied ai Committee meetin85 and put to a majority vot¢. In athlition all recniiirn¢nt is eaffied out by the Mmmitteeg arml the s¢tt?n8 m4na8er. The ¢bority does not currEntly hold a poliry on reserrts. How¢v¢T ￿ do set out an annual budBet and art in the Pro￿55 of resming fiJnds for futtwe expansiuL Our target has remai￿ at appToxim8tely £50.IXKJ. As ai 31 August 2023 £48,378.47 w8$ held in a Lloyds pl¢ Ikposil accounL AIx¥ gs #t 31 August 2023 we also held £32.542.77 in a Lloyd plc current for general busin¢ss 8￿￿1 r¢s¢rv¢s contingencies. Flnanelal revlew The trustees Continue to Yecoyd and budget for the elmrities progress to prevent defieits and intettd to w any SU￿[￿ fund5 to improve and maintain the Pre Sehool for the benefft of both childyen and staff. Hawkhurst Pre School Ltd Trustees, Report Statement of truste¢$' responsibilitie$ The tru5tee5 I￿.hO arc also dircctors of Hawkhursl Pre School Ltd for Ilic purpose of COTnpany lai¥l are responsible foi prcpariiiLT Ihc Tnistecs Annual Rcport dnd the financial 51atemcnts in accordance H'ith applicable law and United KingFdoni Gcncrally Acceplcd AccoLintin¥ Practice. Company law require% ihc Iruslees to prepar¢ finJncial %ialemenrs for eaih financial year i¥'hich give a true and fair ￿le1V of the stalL of the ciffairb ol- the chariiabl¢ ¢oinp?¢ ny and of the inLvInin¥T r¢soiirLes and appliLdiiL)n of resources, includiiig Ihe income and expendilure. of the chariiable company for thai period. In preparing Ihese rinancial slatemenls, thc iruslccs are required io.. sclcct suitable accounting policies and then apply Ihcn consistently., observe the m¢ihods and principles in the Charities SORP., make judgmcnls and cstimates that are reasonablc and prudent- stale whether applicable UK Ac¢ountii)b Standards have been followed. 5ubjeLt tu any mdterial depilrtures di5L105ed ￿7nd explained in the fInanLial statcmLnt,' and prepare the linanLiiil slaiements oji Ilie gFoinbP concern basi5 unless it is inappropriaie lo presume ihal the chc1ri142blL con1p1￿ ny ivill coiitinuc ill operalioii. The trustees are T¢sponsible for keeping proper accounting record5 whicli disclosc with reasonable accuracy at any time thc financial po%iiion of thc chiiritablc conipany and ivhich enabl¢ iheni io ensure thai ihe financial sldlcmcnts comply w'iih the Conipanic% Act 2006. Thcy arc also TC.%pon%ible for SdfLgFuarding Ihc asscls of Ihc haTilablc company and hLncc for takinbj rcasoiillblc 5tep5 for the prevcnlion and dLlcction of fraud and oihcr irregularities. Cliildren numbers wiihin the presLhool has risen subslani&lly this year and we have a healthy wailing lisl &ioin ronvard into nLxl year. SiatTing is always on our agcnda 3s recniitmenl within tlie secior is diffieuli nalionwidc. Our saving account ha% tunds lor Redundancy Pdymcnt% for all slatl.. Money iowards dn additional classroom. As we own the buildinbr wtr operate from we keep money to cover repairs and general upkeep. The annual Teport was approvcd by the Irustccs of th¢ ¢liariry on nd sign¢d on its behalf by= K Paton Trustee Page 3 Hawkhurst Pre School Ltd Independent Examiner'5 Report to thc trustec5 of Hawkhurst Pre School Ltd ('the Company,) I rcport to tlie charity irustees on my cxaniination of the accounts of the Company for thc ycar endcd 31 August 2023. RespoRsibilitie5 and basis of report As the ¥harily's Ifubt¢es of the Company {and also 115 directors for the purposes of company lawl you are rlsponsible for the prepuralion of the account% in aLcordance with the requiremenis of the Comp1c nie& Act 2006 I'ihe 2006 Act'l. Having satisfied lliySLlf that thc accounis of Ilic Coinpany arc noi rcquircd lo bc audited uiid¥r Pan 16 of the 2006 Act and arc cligible for independeni exaininaiion, I report in respccl of my cxaminaiion i)f your charitv's accounts as carried out uJideT section 145 of the Chariiies Aci ?01 I I'thc ?01 l Aet'l. In carying out my cxainination I havc follow'ed the Dire¢iion5 given by the c.harity Commission under section 1451Sllbl of the 2011 Act. Independent ex2min¢r's statement I Iiave completed niy e.xaininalion. I confim Ihai no matlerb have coine to My attention in conneLlion wilh the cxaminaiion bj jvjiig n)c cause to believe.. accountEng records wcrc not kcpt in rcspccl of Hawkhurst Pre Scl)ool Lid as required by seciion 386 of the 2006 Act- OT 2. the accounts do not accord wilh those records.. or 3. the aLcounib Jo nut cotnply wilh the aLcounling requiremLnts of .%cction 396 of the ?OU() Aci oihcr than any requireinent thai thc accounts give a 'true dnd fair viem whiLh is Jiot a matt¢r conbidLrLd ds pan of an independent exainination., or 4. the accoiinis havc not been preparcd in accordanc¢ with the incihods and prin¢iplcs of Ihc Siaiemcni or Rccommcnded Praclicc for accounting and rcponing by charities IqL pplicablc lo charitics preparing ihcir accounts in accordancc with thc Finuticial Reporting Siandard applicablc in th¢ UK and Rcpublic of Ircland IFRS 10211. I have no collccrn￿ and hav¢ come a¢ro.%s no othcr rnalters in connection with the examindlion lo which attcntioii should be drawn in this report in order to enable a PTuper under.%tanding ofihe (iLLounts to be re4Lclied. A E J Staplc5 FCA ManningtOll5 High Street Heathfield East S115sex TN22 8LS Date: l o Page 4 Hawkhurst Pre Sebool Ltd Statement of Flnanelal Aetlvllles for the Year Ended 31 August 2023 ncludlng Income and Expendlture Account and Statement of Total Reeognlsed GvdiD8 and Losses) Re$trfrted Tes¢0 UDre8trl¢ted GroundTVO Total 2023 Note Income Artd Endown*nti from: Charitable activilies Investsment in¢om¢ 104,188 245 104,188 245 Total income 104,433 Expendltsre on: Ch8riiable 4¢tivilies 110.809 110.869 Total expenditure 110.869 110.869 Nei expenditur¢ 6,436 Net movement in fvnds (6,436) (6,436) Re¢onclll*tlon of funds Total funds brought fonv8rd Tothl funds carried forward 95.329 97,399 13 88,893 Unrutrlcted rundi 2.070 Reitrl¢ted ndi 90.963 Tot*1 2022 Note Income and Endoylmonts from; Donalions and le88cies Charitabl¢ aciiviti¢8 Invutsn¢ni income 1,125 106.291 1.125 106.291 Toial illcome 107422 107.422 Expendlture on: Charitable ac¢ivi¢ies 100,620 100,620) Totsl ¢xpenditure Ne¢ in¢ome 100,620 100.620 6.802 6.802 Net movern¢nt in funds 6,802 6.802 Reeonelll#tloth •ffMnds Totol fijnds brou8ht fonvard Total fi￿￿S ca￿led foThvard 88,527 90.597 13 95.329 2.070 97,399 All of the charity¥ aciivities derive from continuing operaiions during the above two periods. The br¢akdovm for 2022 is shown in note 13. The nolu on pages 7 to 13 forni an integral part of these fllwcial s14t¢m¢nts. Page 5 H#wkhurst Pre School Ltd (Registration Dumber: 7818917) Balance Sheet as at 31 August 2023 2023 2022 Fixed asset$ Tangible ossets 10 11.037 10,896 Current asstts Debiors Cash ai bank and in hand 80.920 88.849 80,922 88,849 Creditor5: Amounts falling due within one yt#r 12 19961 12.3461 et curreTht assets 79.926 86.503 -N'et a55ets 90.963 97.399 Fund5 ofthc charity: Restricted Tcsco Groundworks 2,070 2.070 Unrestricted income funds Unrestricted 88.893 95.3?9 Total funds 13 0.963 97.399 For ihc financial year cTrding 3 1 August 2023 ¢he chariiy entiiled to exanption from audit under section 477 of the Companies Act ?006 rclaiing to small compatiies. DirceioTS' fCSP)nsibilittes= Thc membcrs have not required the chariry io obtatn an audit of its accounts for thc year in qucsiion in accordance w'ith SCCEion 476- and The direciors a¢knowled8e their responsibiliiies for complying with the requirements of the Act with respect to accouniiny reLords and the prepardiion of accounts. The fin ncial slaicmcnts on pagcs 5 10 13 were approved by the trnst¢¢s. and auihorised for issue on signed on thcir behaifby". K Paton Trustee J HJ¢ker Truslee The notes on pages 7 10 13 forni an integral part of lhe￿ finar]cial ststements. Page 6 Hawkhurst Pre Sehool Ltd Notes to the FIDancial Statements for the Year Ended 31 August 2023 I Ch•rity 3ts¢us The charity is limited by guaiantK iRcofjJorated in . aTMI consequently does not have share capital. Each of the trustees is liable to eontrbu¢¢ an am￿￿1 Tr)1 ex¢¢¢din8 £10 ¢oward8 the assets of the charity in the event of liquid￿10 The address of its registered offi¢c is: Fowlers Park Ry¢ Road Hawkhurst Kent TN184JJ 2 Aeeowiting polieies Sujllmary of •¢c•unliDg polldes and key •¢COUDllng t￿tr$ The priu¢ipal accounting p)licies applied itt th¢ prq>firation of these fjnancial statemellLS ar¢ set out below. Th￿¢ policies have been coLsis*ndy applied to all the y¢¥r5 pttsentr4 Unle￿ oth¢n¥is¢ $￿te StateMeDt of compllance The financial siatements have been prepared iti acC0T￿ with AvA)UDting and Reporting by Clwities: Statement of Recomm￿ded Practice (applicable to chaTiti&8 prep￿Illg their accounts in accordance with the Financial RepoTtsng Standard app]i￿le in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORF (FRS 102)). the Fit)aticial ReportiDg Stsndard applicable in the UK R¢publi¢ of Jr¢land (FRS 102} and th¢ Comp￿1¢$ Act 21Ml6. B*sis ofpreparatlo Hawkhurst Pre khool Ltd meets the definition of a publie b¢nefit entity under FRS 102. and li4biliti&s are initially reC￿ls¢d at historical cost or tt¥n5aclion value unl¢ss otherwise stated in the relevant accounting policy note& Golng eoDeern The ￿$t¢¢$ consider that thert are no tnatu1￿ unce[￿￿¢S about the ¢lJaritys ¥bility io CODtiDue as a going ¢on¢ern nor any significant ￿¢#$ of u￿er￿￿ty that affect the carrying value ofassets beld by the clwity. Ezemption from pre￿rIng * eAsh Il•w st•¢ement The charity Opt￿ to early adopt Bulletin I w￿lIshed on 2 February 2016 and have therefore not included a cash flow sthtement in financial statemen Incotne and ¢ndowTheuts Ail income is reCO￿lS¢d once the clwity h&5 entitlemettt ts> the it is pmbable thai the income will be received and the ￿unt orth¢ In￿Me rxeivabk can be measured reliably. Hawkhurst Pre Sebool Ltd Notes to the Flnanclal Statements for the Ye2r Ended 31 August 2023 DoR41ions rfndlqAcies Dona¢ions are re¢ognised when the clwity has been nwifi&J in ￿lting of the 4TTh)uni and settlemthi d*. In the event thai a donation is subject to con¢Jitions tlwt require a level of perfonnance by the ¢h8rity b¢fore the ¢harity is entitled to the fimds. the Incon￿ i% deferred oThJ not rwised until either those conditions ar¢ fully m¢L or the fulfi]meni of those conditions is wholly within th¢ control ofthe dwity and it is probable that th¢s¢ ¢onditions will b¢ fulfilld in the reporting peri￿. Expendltsre All eXpe￿i￿￿e is recognised once there is 8 legal OT con5trnctive obligation to that eXpendI￿re. it is probable 5¢tt1¢menl is required and the amount can be Meas￿ reliably. All costs are allocated to the applieable expenditure heading thai aggregate sitNilar costs to that ￿tegory. Whete costs cannot be dir¢ctly attributed to particular headings they have been alkKated on a basis COASiStent with the of resouw. with central staff costs allocated on the b&si% of lime spen4 and de￿latIOn chaT¥&S aikKa*d on the portion of the asset'5 use. Other support costs are allOc￿ed bwd on the 5wead of stsff costs. Charitsble 4cdvld Charitable expendibjre comprises th￿t iwttred by charity in th¢ deltvery ofits activities and serviccs for its beneficiaries. It includes both costs that Can be allocat￿ dirccdy to such activities and those costs of an indirect nature necessary to support tlw Gr4niprovtslons Provisions for grants are made when the inteNion to Iws been communicated to the Tecipient but the￿ is uncertatnty about eith¢r th¢ timing of th¢ rn or the amount of grant payable. Support ¢osts Support costs in¢lud¢ ¢¢ntr•l fimdions and h&v¢ b¢¢n allc*a¢ed to acttVTty cost ￿tegorieS on a b85ts consistent with the use of resour¢¢s. for ¢xwnpl¢ allocating property costs by floor aTeas. or per capit4 stsff costs by the time spent and other costs by theirusage. Govern*llce costs These inclth th¢ r¢)5fs attributable to the clwity's ¢ompliaoce with cOn￿lt￿li0￿￿ atrj ststutory rnwiremen Taxation Th¢ charity is considered to pass the tests sd out in Paragra￿ I scho￿1¢ 6 of th¢ Finaw¢ A¢t 2010 0Th therefore it the definition of a charitable company for UK corporntiort tsx purposes. Accordingly, the charity is pot¢n1i411y exempt from tsx&tion in reSp￿t of income OT capital gains received within categories cov¢r¢d by Chapter 3 Part I l of the Corwation Tax Act 2010 or Section 256 of thE Taxation of ch￿E@bIe Gal￿S Act 1992. to th¢ extent that s￿h I￿￿￿)¢ orgains aT¢ applied ¢xclu5ively to cFAritsble pwposts. Tall￿1¢ rued assets Individual fixed assets costing £50.(Ml orttM)re are initiaity ttt0rdcd￿ cost Hawkhurst Pre School Ltd Notes to the Flnantlal Statements for the Year Ended 31 August 2023 DepredA¢lon and amortlsatlon Depreciation 1$ provided on thngible fixed asBelS SO as ¢0 WTite off the cost or valuation, less any estimated residual value. over their expected use￿1 economic life as follows.. Ajset ela Depreclatlon nwtbod and rate MJrk¢t Valu¢ > cost therefore no depreciation ts provided 250/(t Straight Line 3 yevs $trAight lin¢ Land aDd Buildin8S Plant arttl Machinery Comput¢r Equiprnenl C*ih #nd cA8h equlvAlent$ CAsh and ¢a8h equivalents comprise ¢osh on hond and ￿1] deposits. and otheT 8hort-temi highly liquid investments that are readily ¢onv¢rtible io a known amount of cash and aTe subject to an in$i8nific8nt risk of change in value. Fund $trnethre Unrestricted income fvnds are 8en¢rnl that are available for use at the tNst¢¢s di8¢re¢ion in further4n¢e of the objectives of the ¢harity. Restricted in¢ome fun& arc those dona*d for use in a ￿rtiCUlAr arts or for specific PUTP05e8. the of which is restricted to that 8rea or Purpo￿. 3 Ineome from donatlon$ Ind le84¢lei Total 2023 Total 2022 Donations and le8acies' Donations from companies. trusts and similar proceeds 1,125 Page 9 Hawkhurst Pre Scbool Ltd Notes to the Flnanelal Statements for the Year Ended 31 August 2023 4 from ¢h*rl¢•bk *rflvld Total 2023 Tot 2022 Ge•¢nl Fecs and Supplies KCC Fees KCC Collaborniion 12.660 91 ￿28 12.660 91.528 19.151 78,683 8.457 104.188 104.188 106.291 5 1Dvethnt ID¢om¢ Uore•¢rk¢ed TotAI TotAI 2022 2023 Interest r¢¢¢l￿b)e similar incom¢; Interut receivable on bank dwilj 245 245 6 ExpeDdlture on eh•rltable •cdvld Total 21123 To¢•1 2022 Gemernl Note KCC Collaborntion Staff co¥ts Allocated suppon ¢os Govemance costs 8,457 69J87 22,696 120 85.437 24.682 750 85.437 24.682 110869 110869 100,620 TDt*l txwdltsre In addition ¢0 the expenditure analysed above. there are also 80vernin￿ costs of £750 {2022 - q120)) which relat¢ directly to charitsble octiviti<4. See note 7 for fijrther dethils. Pag¢ 10 Hawkhurst Pre School Ltd Notes to the Flnanclal Statements for the Year Ended 31 August 2023 7 Analysls ofgovernAnee support ¢osts Govern4n¢¢ costs UDrestrl¢ted funds Gell¢ral Totsl 2023 TDtAI 2022 Independent examincr fees Ex8minaiion of the financi41 tht¢ments 750 120 750 120 8 Stsff costs The aggegate payroll costs were as follows: 2023 21122 Staff costs during tbe year were: Wages and salaries 85.437 69.587 No employee received en]oluments of more than £60.000 during the year. 9 Taxation The charity is a regisiered ¢lwity and is therefore exempt from thxation. Pase 11 Hawlthurst Pre School Ltd Notes to tbe Flnanclal Statements for the Year Ended 31 August 2023 10 TAnRlble fixed auets Laod •nd bulldin F•rnltsre *nd equlpn*nt Computer equlpwent Ttstsl C•s¢ At I September 2022 Additions 13.046 1.018 870 22,456 1,018 At 31 Au8USt 2023 Depre¢litlo A¢ I September 2022 Char8e for the yur At 31 Au8llSt 2023 870 23.474 10.823 810 737 67 11.560 877 11.633 804 Ne¢ book vAlue Ai 31 August 2023 2.431 11.037 AI 31 Au8USt 2022 133 2023 2022 Cgsh •t balth 80.920 88.849 12 Credltorn: InK*unts falllng dwe wlthlD one year 2023 2022 Other ¢reditsrn Accrnals 1,410 936 996 996 2.346 Be12 Hawkhurst Pre School Ltd Notes to the Flnanelal Statements for the Year Ended 31 August 2023 13 Fundi BalaDee at I September 2022 IncomlD8 rewureei Rewurees eXpe￿ded BAlan¢e at 31 Au8U$t 2023 UDr¢Jtrleted Genernl 95.329 104.433 (110.869) 88.893 Restrleted- Te$co Groundworks 2.070 Total fund• 97.399 104.433 110,869 90.963 Bahn¢e 8t I Septemb¢r 2021 Ruoureu expended Balance It 31 Augu8t 2022 resources Umre$trlet¢d General 88.527 107,422 (100.620) 95,329 R¢strl¢l¢d 2.070 Tot￿ funth 90,597 100.620 The specific purposes for which the fijnds are to be Applied are As follows.. Tesco Groundworks- rttordcd as Reitric*d Fund 48 per Ternis ond Conditions 14 Analyih of net Amets between funds Unre$trl¢ted Restrfetsd T¢Ko Groundwork• Gener TotAI fvnds Tangible fixed asse Current assets Current liabilities 11.037 78.852 996 11,037 80,922 996 2.070 Totsl net assets 2.070 90.963 Page 13