Runwell Ifillage Pre-school Financial Statements Year End 31st October 2020 Regislered Charity Number 1144996 Company Registered No: 07540138 'MAQ85DF* 1210W2021 COMPANIES HOUSE *A49T91FD• 3010712021 COMPANIES HOUSE A12 Trustees. Annual Report for the period From Period start date D2V Period end dale Day Year Year Nov?fflber 2019 31 OciobeT 2020 Section A Reference and administration details Runwell Village Pre School Registered Charity Number Registered Company Number 1144996 7540138 Address Runwell Village Hall Church End Lane Runwell Wickford Essex Postcode SS117JE Names of the charity trustees who manage the charity Trusteè nam• Office lif any) Trustee ftamè Chairperson Treasurer Secretary Vice-chair Vice-S8crelary Offic• (il any) Lisa Phillips Becky Allen Vicky Brumby Jodie Stonebridge Mandy Campbell Becky Allen Julie McQuillan Stephrie Famier Sheree Martin Danielle Goldby Section B Structure, governance and management Description of the charity's trusts Type of governing document SORP 1.25 The organisalion is a charitable company limited by guarantee, incorporated on 231212011 and as 8 registered How the charity is constituted SORP 1.25 The company established under a Memorandum and Articles which established the objects. powers and governan￿ of the charitable company. Trustee selection methods SORP 1.25 Addltional governance issues The Charity is administrated by Ihe trustees who meet at least three times per year to dis¢uss policies and vRys of implemenling the purposes of the ￿nStitution. And lo ensure that the requirements of the Charity Commission and the InLqnd Revenue are being mel. Annually elected al AGM each year Minimum number of Committee members is 5 and the maximum 12. together with up to a further 3 COthOPted members. Section C Objectives and activities Summary of the obj¢¢ts of the ¢harity set out in The objects of the Pre-school are lo enhance the its 9ov•rning d￿UMent and the a¢tivitle$ developmenl and education of children primarily under ndertaken for Ihe public benefrt in relat￿n 10 ststulory school age by encouraging parents to understand thes• objects SORP Ref 1.17.1.19 and 1.18 and prowde ihe needs of their child￿n through community groups. The P￿-SChool offers appropriate play, educabon and Ca￿ facilities and trainiry courses, together th Ihe wight ol parents lo take responsibility lor and to bec(Mne invofved in the acknvities of suth groups. They offer opporlunities lor all children whalever their race, cullufe, religion, means or ability. They encourage the study ol the needs of such children and Ihetr lamilies and promote public inleresl in Ihe recognitic￿ of suth needs. They insligale and adhere to and furlhering Ihe aims an¢J objects ol the Pre Slknol Leaming Alliance. The trustees have had regar(J lo the guidance Issued by the Chanty Commissron on publ￿ beneftl. Section D Achievements and performance During the year Ihe charity had a lolal income of £83020 12019-£98168land totsl expendiluTe 01 £89236 {2019-£102685} leaving a 1055 foT Ihe yèar ol(£6128) (2019 £4517 }. Al the balance sheet date the charity's ￿serveS had f3118n to a total accumulated unresth.cted funds of £12290 which is eslimaled al 13.75% of Annual expenditure_ This would alk)w the Charity to continue l¢y 2 months if fvnding 51opped. The twstees are of the opinion that this will provide adequate resources io fulfil the obli9atsons of the charsty but aim lo increase this to 6 month's over the next fNe years. Surnmary of the main achievèment5 of the charity during the year SOPR Ref 1.20. 1.21, 1.22 Section E BriÈf statèment of thè charity's policy on reseThes SORP Ref 1.22 D•talls of any funds mat•rlally in deficit SORP 1.24 Financial review The Trustees aim lo maintain reserves to all¢)w lor 6 month's Irading il grants ceased None Section F Declaration The trustees declare that they have approved the trustee5' report above. Th• ¢ompany has lak•n advantag• of the small companies. exemption in preparing the r•port above Sign•d on behall ¢1 the charity's trustee51dirncto Signaturels Full namels) Posltlon Date Independent examiner's report on the accounts . Section A Independent Examiner's Report Report to the trusteesl members o Runwdl Village Pr&S¢h¢￿1 On ae¢ounts for th• yèar end•d 31 Odober 2020 Charlty nr+ 1144996 Company Regd. no 07540138 Sel out ¢)n pages 5-18 Respectlve respon$lbilltl¢$ The trustees l*tho'are also the directcfs ol the ccwany for the purposes of of ¢rus¢ee$ and examiner ¢ompany lawl are respon&ble for the ￿parall0Th ofthe accounts. The charity's Irvslees congter that an audit is not required for this year wider 5edion 144 of the Charitie5 Act 2011 Ithe Charities Act) and that an independent examination is n¢￿e￿. 11 is my re$￿SIbl￿ 10: . examine Ihe a¢¢cunts under se¢tKX1 145 of the Clwities Act. . lo follow Ihe wttedures larfl d(Th¥n in Ihe ger￿1 Directions giveo by I Chanty C ncowning resources from gener￿*d funds Donati￿5 Legacws Èoi F02 F03 F04 62.845 62.845 63.174 Incf•ming R$•uw¢¢s Ir•m havilable activitlts 4.895 4.895 25,157 ACti￿51ar9erer4trqIthits 15,281 15.281 9.837 rnÈrt irKome O¢h•f Fn¢¢)mlrtB rn$our￿$ Total incoming resources Re$our¢es expended (Notes 441 83.021 83,021 98,168 Costs ol Generatlng Funds Fundiafyty tradn9 cwts Cosls cl wrating vthu4ary 2.462 2,462 8,431 Charitable acti￿11t$ 86,216 86.216 93.786 Govemance cos 468 Othor r¢source$ expend¢d Total rnsour¢es expended N*1 Incomingl(•ulgoing) r¢s¢U￿eS belofv trnnsfefs 89.146 89,146 102,685 6.125 6.125 4,S17 Gross transfers between funds Net Incomlng/foutgoing) msources before olh•r r•eognls•d 9•ins/{loss•s) Oth8r retognised gainslllossesl Gains and losses ￿ rev81ualion of fixed assets "fef the charity's ￿￿n use Goin$ and losses ￿ investment asset$ 6.125 6.125 4.517 Net movement In funds Total funds brought fof4Yard Tolal funds carrled fonvanl 6,125 18,415 4,517 22,932 18.415 12.290 12.290 18.415 CC17a IEx¢ell 2810712021 Section C Notes io ihe accoun15 Noie 1 BaÉS5 ol preparèuon 1.1 B•81¥ of acCO￿tIng These 8ccwnts have been prepared vnder h￿￿1ClI (osl coTrventim pilh items rncogrysed al co51 or transaction v*ue unless oihthise stsl&J in Ihe rde¥ant NJWsl lo Ihese acGounls. The acmunl$ have been epared in accwdance Mth.. . the Slalernent of Reccffiffende¢J Pia¢tu'. ACCOU￿ Repwtsry prworing lheiracc￿I5 in cordance ¥Wlh the Finwil ReF¢Jrfry in ihe UK aTrJ flew￿￿0f Irdantt IFRS 1021 issued 16 J￿Y X)14 . and v*th" the Finan(i81 RewbrKa skrthrd applicaU8￿ th8 Uriled ￿r￿j6)M Reput4ic ol lidand IFRS 1021 . and wgth the Charitie5 Pd 2011. The thwity cl￿11￿$ a L*r*ft •$ defir*d by FRS 102." 12 Going Coii¢ern Nol aWI￿a￿l0 1.3 Change of accountin9 poIIcy ' The a¢￿unt5 present a true ano fail ¥iv* arknj n¥ thar485 have bwb m•Je ** the pvfjg¢5 8dopt￿ note5. 1A Chan9•5 to •¢¢ounling •stsm•t*s Ngchanyes to ¥c¢*unting es&mate5 have in tho rewiw¥J pwwd13.46 FRS102 SORP No. . CC178 IEAc•II 2&t)712W21 Section C Noies lo Ihe accounls N¢t• 2 I*Gounting Wfjctes 2.2 INCOME tytsFRS 102SORPwFRS 102. eJ*iJ *B metl5.10*5.1?FRS?02S(NiPi lwntheSets￿•r￿Q rn115 16FRS 102SfMIPJ- TIwcosid4rtysbx4ol9Dth dwaieotrds•iW)tibJ oetrTred W be kè ¥4hwpfuw pIthe￿[ecevan¢ tsyar¢re¢c9ri￿w re¢eW. In th ￿cee¥S sa* *53frK*exFrfW 0lsa*.aAYw￿￿p1'PrKQrne frorn S**E $¢haryqd lffjrn othertsJin9 f4cW* Support rnst* Voru￿tR•rh￿ . In¢•J￿￿D￿ int*rtSL roya￿e￿ OAd d￿0ndS La9Bc*s. Section C Notes to the accounts Icontl 2.3 EXPENDITURE AND LIABILITIES Liablrfies are reco9niwJ whewe it is rmre likely Ihan thal tl*r8 is a legal or con5tructlve otAyjat￿) committiNJ ch3nty ￿ pay ¢xrt r•sowr￿ WKJ Ihe awnl of the 0￿￿?￿110￿ can te measured wlh ieasor+able ¢ertaKty. Uablllty rn¢04ttitlDn Gov*rnan¢È •nd support o)sts hawt teen *located telween sThwnar￿ cosls aThJ otlW.sup￿)rt Govemance Costs rJ)mpii5e ¥1 costs in￿1￿j a¢counlabthtyol charity its compliance vrith regulaltrjn Suppxt cosls indLKJe central lU￿tIr￿S aTrJ have altctsied 10 actmty eost caiegones on bas￿ ctMsistenl with IIE use d re50urces. eg alocatiTrJ prwrty tts5ts by fltr)r 3re2s. ￿ per cath. slaff cosls ty ￿ t#Me swt aTrJ ot￿r costs ty their usage. Grants wlth perfomwn¢e )nditlon¥ Where the charily gr¥es a gra￿ ￿￿th ￿)nd￿¢>n5 f¢y ts pay￿￿1 b&ng a 5petrfic level of service or output lo be prt)v#Jeil. s￿h grants are only rec(*JniswJ w) the SOFA oFth the r&iF4ent of the grant has WOVMYed seThfKe or oulwL Gronts payabl2 without Porfomian¢È condiliw w￿re Ihere are to Ihai ￿able5 (lor￿ chaf.ly to "reali51icalty a¥YJiO tl* a liabitity for the ftAI IwbJiTrJ ¢)Wigation rrw5t te reCogn￿e￿. Redund*xy c05l Oef*rred In¢om• Creilitors The chwity has ¢reth"tws a￿ settlement ￿K•UNt$ 1855 any trade i*scount5 Provbslons for liab51itles A tha￿1]Y is mèaswed ¢Jn it5 hiS￿￿al ¢051 arKJ Ihen subsequenlly rreasvred at Ihe t*si e$w￿e ofthe ar￿uth requ￿￿ kn se1118 the OlAty38t￿n at Ihe reForting date charity accounts tr bas￿ ￿trUMeThts on recogThirf>n as per paragraph 10.7 Baslc flnancial instrurnents FRS102 SORP. SubseqLWrt 15 a5 Fer p￿ra￿ 11.17 10 11.19. FRS102 SORP. 2.4 ASSETS Tan8lble fixed assets for use These captaltsed rf tlw can be Lsed lor rrKxe th•) ¢)ne year. anLI cost at le&sl by ¢hwity TIW are at (>XL The flepretiation f*es aThJ m2tWs u58d are dtsdosed ￿ Th)te 14. ch*ity has In￿￿•t￿e fixed assets. that is. TM)TrnKJrelary assels Ihal (lo nol hwe phy5iC substsncè bul are K1eniiria￿? WKI are controll￿ by the charity throu9h cu510(ly or le991 rights. The amorti5atv)n rales ar￿ rrethots us8J ar8 di5rkned In note 15. Intangible flxed a55eis Th8y we Val￿1 al cost The chaiity ha5 hwitaje assets. Ihat rs. r(frrt¥J￿ary assets historic. arttslic. s¢wtifi¢, technok>J￿*, geophysi￿1 or emronrnental qu311￿"e5 that are hekl aTr1 Maintai￿ principally for the¥ ￿trilAl￿on to ￿￿edge ¥xl c4tur¢. rales and methcrfjs useLI as . in Th)te 16. H•rita9• ￿Sets Tlw #re vahjed ai cost. Fixed asset thi¥es1￿1$ shwes. IraleLI artl SH￿ilar in¥e51ments ** vah*d al inilolly at c￿1 aThY subsequer#ty at lai¥ value Ilhwr market value) at the year eThJ. The samè treatmeni is awied to unl￿1¢￿ InveS1￿￿ts unless fair Wal￿ carmt be measureol rdiably in which case rt 15 measured at less imwA*nt. Inveskntnts Section C Notes lo the accounts Icon Note 3 Analysis of incoming resources Ineomlng resources may be further•nalysedMthls would help ihe rtadèrol tht •ecounts. Year to 31110120 Year to 31110n9 Anat Donations and L•gac••s Nurse Grant Milk Refund WFRU Donalions Em ers Nl Alowance HMRC SMP Redaim Due Nl Com nsation on SMP Extended Services-Lunch Club Mis¢ellaneous Income 62.847 62,377 797 Total 62.847 63,174 Activitles for gen*rating fvnds Xmas Events Lunch Club Easter Evenls End of Temi Conceri Soft Pla HallowÈen Disco Fun Da Bin o Event an Wortd Summer Part Molhers D Photo ra Quiz Ni Ba s2SGhool Miscellaneous Fundraisi scho￿ Tft s & EnterlainmÈnl onsored Bowl Unifom)s 2.147 56 2,900 423 187 60 126 430 3,990 510 71 35 171 252 229 hs 1,270 231 05 4,893 517 .777 Total In¢ome from inveslm¢nts: Interest on Savings.Account Tol•l Charitable ¥ctivilie5: Parents Fees Extended Seryices 15.281 24.182 975 15,281 Analysls of Voluntary Income (￿eM￿nI 8ts* Corwrate chari18￿8 lrnliv￿￿al 31nw2020 3111012019 62,847 62,377 797 63,174 62,847 Seclion Notes to the accounts Icontl Note 4 Analysis of resources expended Fundraising tfading costs Ye¥ t• 31110120 •ar to 3111W19 19 75 Childrens Parties Easter Event Xmas Evenls Cvr ht Fele & Funda Halloween Evenl Bin Soft Pla an World Summer Pa Miscellaneous Mtslhers Da Phot hs School Tri s & Entertainment Unifomis 135 2.181 87 252 192 60 861 2.086 74 361 1,100 903 8.431 1.127 2.462 Total Charitabl• a¢tlvities Bank Char Consumables De ￿CIall0n al Fees In5uran¢e & Membershi Milk Miscellaneous Ex Premises Ex nses Pa 051 Fees Posta e & Stationa Donations Refreshmenls Rent Tele hone & Inlemet Trainin & Courses Wa es&ERNI Em rs Pension Web Hostin & Domain 76 768 272 41 435 99 580 362 204 807 206 ense5 23 1,007 450 761 1.￿9 755 40 990 7.803 670 774 3",433 724 1.124 76.617 375 95 86.214 78,810 356 124 93,786 Total Gov•rnanc• costs Ac¢oun & Inde ndenl Audit Costs Total Section C Notes to the accounts Icontl Note 5 Support Costs Please complete thls note If the chaRity h•s analysed les eXp￿Se$ usin9 activity categories •ndha$ support costs. Fundraising aCti￿ty Chwitsble Aeiiylty Govemanee A¢ll¥ity Total Cost vrt ¢o$t Note 6 Details of certaln Items of expenditure 6.1 Tn*st¢¢ ¢xp*n$¢s Y•ar to 31110120 None Year to 31110119 None Number ol iruste¢s who w•re p•id exp¢nsos None Non• Nattsre ol the expenses Total amount paid Y¢ar to 311101211 Y•ar 10 31110119 Indep*ndent •x•m•nerfs or auditovs. f•es for Tri>wling on th• a¢c¢unts Olher fees (for example.. advice, consultancy. a￿o￿nIanCY seryi¢•$l paid to th• independent wmin•r or aud•tor 468 CC17a (Excell 28107f2021 Section C Notes to the accounts Icontl Note 7 Paid employees Please complete this note if the charity has any employees. 7.1 Stsff Costs Year to 31110120 Year to 31110119 Gross wages. salaries and benefits in kind Employer's National Insurance costs Less Employers Nl Allowance Employor Compensalion on SMP . Employor SMP Rebate Penslon costs 76,617 795 795 78,454 1,025 1..025 356 78.810 Total staff costs 76.617 7.2 Average number of iull-time equivalenl employees in the year Ye¥r to 31110120 Number Year to 31110119 Number Tho parts of the charity in whiGh the employees work l unLlidlSIIiq ClidfildblL ALIiVII.¥b 11 12 Total 12 CC17a {Excel) 2810712021 Section C Notes to the accounts Icontl Note 8 Grantmaking Please Complete this note 11 the charity made any grants ordonation$ which in aggregate fomi a mat¢rlo1 part of the ch•ritabl¢ activities undertaken. 8.1 Total value of granls Grants to Instttulions Tolal amount £ Grants to individuals Tolal amount £ Purpose for which grants made Total 8.1 Grantmaklng costs M the charity's accounts arè prepared on the -xtivity basls" pl•as• glve defails of any support ¢OSf associated with granfmahing. Please enter"Nil" rf the charity does not idenfrfy andlor?Iloute support ¢ost& Support Gosts ol grantmaking 8.3 Grants made to institutions If the charity has made grants to partl¢ularinsUlutions that are material in the context of its grantmaking please glve details of the institutlon supported, purpose ol the grant and total paid to each institution lisled. S4rfficient information should be given to provide a reasonabl• understanding of the range of Instllutions su Names of instltutlons Purpose Total amount ol rants pald £ Total grants (o instltutions CC17a IEx¢ell . 28107r2021 Section C Notes to the accounts Iconll Note 9 9.1 Cost or valuation Tangiblo fixed assets Furniture & Fittings Oth¢r land & buildlnos Equiprnent Payments on and assets under eon$truction Total mxhrnery and motor v*hi¢tes Balance broughl forward Additions 1.319 4.072 5.391 1.158 1.158 6,549 Bajance carried fO￿ard 1.319 5.230 9.2 Ac¢um¥lated depr￿latIOn and impairm•nt provisions SLorRB SLorRB SLorRB -Basi$ SL SLorR8 Rate 25 ty)% Balance brought loAvard Depreciation charge for period 8alan¢e carried l(Thard 4,464 5.460 73 199 272 1.069 4,663 5.732 9.3 Net book value Brought lo￿ard Carried lorwaid 323 766 597 1.089 817 220 9.4 ReVa￿all0￿ CC17a (Excel) 2810712021 Section Icontl Nol•10 Investment ass•ts 10.1 Flxed assets In￿$1M¢fits Carrying (market) value al beginning of year Add: addilitsns lo investments 3t cost L•ss: disposals al Carr￿n9 value Addlldeduct}: nel gainllloss) on revaluation Carrying Imarket) value at end of year Analysis of investments 10.2 Markèt value at ar end 10.3 Incom? frorn r*vestmer*ts lor tht y•ar Inv¢$tm•nt prop•rti•s Investments 15sted on a recognlsed stock exchange or held ift common investment funds. open ended investmenl companies. unit trusts or other ollectlve investment schernes Investments In subsidiary ow connected undertakings and cofflpanies S•¢urities not listed on a recognised Stock Exchange Cash held a$ part ol ihe investment portfolio Other investments Total 10.4 Malorial inv•stment holdings If any singl¢ inv•stment is material in terms of its value (for •xarnp￿ r•pres•nts mor• than 5 p•r ¢•nt of the valu• of th• charity's total investments) please provlde detalls. Investment h•ld Market Value CC17a {Ex¢d) 28107r2021 Section C Notes,to the accounts Icontl- Nole11 Debtors and prepayments A￿al￿T5 of debtors Amounts lalllng du• within one year io Year to 31noRo -31111W19 Amounts falling due aft•r more Ihan one yèar Year t Y•ar to 31110120 31110119 SMP Re¢laim due from HMRC Insurance Prepayment 310 310 Total Note 12 Credi¢or5 and accruals 12.1 Analysis of credllors Amounts falling dve within one yeai Y¢8r tg Year to 31110120 31111)n9 Amounts falllng duè •fter more than one year Year to Year to 31110120 31110119 Tradè cr•d•tors 855 R•nt kcrual S•laries Due Penslon Paymenl Due Accrual$ and d•f•rr•d income 3.215 9.473 10,37 9,368 Toial CC17a IEJtcell 2810712021 Section C Notes to the accounts Icontl Note 13 13,1 Fund$ held Endowment and restricted income funds Pleas• glve a brief descrlptlon of any ol the follow5ng typ• of funds held by Ihe ehaftty: permanent endowment funds IPEI- expendable endowment fvnds IEE).. and restricted income funds, including special trusls. of Ihe charlty IR). Fund Namt Type PE, EE ¢rR Purpose and Restrictions 13.2 Movements of major funds Please give detalls of the movements of the majorfunds summ*ysed In the restri¢ted and •ndowm¢ril colurnns of th• Stalemtnt of FinaneialAetivitse$. Fund b•lances brought forward Fun balances earri•d forward Inry>ming re50ur¢¢s tgoing . tesources Transfers loss Fund namès Unreslricied 18.415 83.021 89.146 12.290 Toial Funds 18.415 83.021 89,146 12.290 13.3 Transfers betwe•n funds Pleasè give delails olany translers belween funds. From Fund (Namtl To Fund (Namel Reason Amount Cc17alEx￿j 28ffj712021 Sèction C Notes to the accounts {contl Note 14 Transactions with related parties 14.1 Remuneration and bon￿lt5 Amounts paid or benefit value Name of trustee or conn•ct•d party Legal authority leg order, governing document) ' Year to 31110120 Year to 31110119 None None 14.2 Loans Amount ¢)wing Name ol trustèe or nnected party ,Lryal authority Year lo 31110120 Y¢ar to 31110119 Due to trusle8s and ielated parties Due from truslees and relat￿ parti•s None None None None Name of the trustee or related art Relationship to charit Description of the tTansa¢tion Y•ar to 31110r20 Y•ar to 31110110 None None CC17a (Excell 2810712021 Section B Balance sheet Restricted Unrestriet•d income funds funds . Endowm•ni nds y•￿ lo 31110120 Yoar lo 31110119 Fixed assets Tangible assets F01 817 F02 F03 F04 817 (Note 9) 1.088 Investments (Nole 10) rotai fixed assels 817 817 1.088 Current assets Slo¢k and work in progress Debtors (Note 11) (Short lerm) Investments Cash al bank and in hand Total current assels 310 1.849 21,84 ,45 30,765 21,849 Creditors: amounts falling due within one yoar (Note 12) 10.376 10,376 13,438 N•t Current a$s6ts1(liabilities) Tofal assets less current liabilities Creditors: am041nts falling due after one year (Note 131 Provisions Il•bi161ies and ¢har9es Net a55•ts Funds of the Charity Unrestiicted lunds 12.290 12.290 18,415 Restrict•d Income funds (Nole 141 Endowmgnt funds (Not¢ 15) Total funds The membérs have Ihe CLWY lo oblaryj sedicffj 4T6 tsllhe ComwiesAd 2LI rhe (¥tredoffS Ih•irrew?sibthlie$ Ihe w4wetwn1s￿(he C￿￿*$￿￿ **hrespeu io r¢glme andln acwdance w*h FRS102 SORP. Siwed by one or Iruslees ori behalf of all nature Print Name Oale ' CKY qLLet4 CC17a (Excer 2810712021