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2022-10-31-accounts

of thecharitv's trusts
Typeof governingdocument
soRP1.25
Theorganisationisa charitable companylimitedby
guarantee,incorporatedon231212011and asaregistered
charitvon911212011
How thecharityisconstitutedSORP
1.25
lthecompanywasestablishedunder a Memorandumand
lArticteswhichestablishedthe objects,powers and
overnanceof thecharitable company.
Trusteeselectionmethods SORP
1.25
ually elected at AGM eachyear
Additionalgovernanceissues
Summary of theobjectsof the charity setoutin Theobjects of thePre-School aretoenhancethe
itsgoverning documentandtheactivities development and educationof childrenprimarily under
undertaken forthepublicbenefit in relationto statutory schoolagebyencouragingparentstounderstand
these objectsSORP Ref'1.17,1.19and1.18 and providefor theneeds oftheirchildrenthrough
communitygroups.ThePre-Schooloffersappropriateplay,
education and care facilities andtrainingcourses,together
withtherightofparentstotakeresponsibilityforand to
become involvedinthe activitiesof suchgroups.They offer
opportunitiesforall childrenwhatever theirrace, culture,
religion, meansorability. Theyencouragethestudyofthe
needs ofsuchchildren and theirfamiliesandpromote public
interestintherecognitionof suchneeds.They instigateand
adheretoandfurtheringthe aimsandobjects ofthePre-
SchoolLearning Alliance.
Thetrusteeshave had regard totheguidanceissued by the
Charity Commissiononpublicbenefit.
$ummaryofthe main
achievementsofthe charity
During the yearthecharity had atotalincome off94559(2021-t81903)and total
expenditure off86586 (2021-t89618)leaving againfor theyearof (87973)
duringtheyearSOPRRef
1.20,1.21,1.22
(2021 lossf7715). Atthebalance sheet date thecharity'sreserveshadfallento
a totalaccumulatedunrestrictedfundsof f.12290whichis estimatedat13.75%of
Annual expenditure. This would allowtheCharitytocontinuefor2 monthsif
funding stopped. Thetrustees areoftheopinion thatthiswillprovide adequate
resources tofulfilthe obligationsofthe charity but aimtoincrease thisto6
month's overthenext fiveyears.
Brief statement of the The Trustees aimtomaintain reservestoallowfor 6month's tradingifgrants
charity'spolicy on reserves ceased
SORPRet1,22
Details ofanyfundsmaterially
indeficitSORPf.24
Ci'iai"iiyi.Jarle:Rurv;eii Ci'iai"iiyi.Jarle:Rurv;eii ViilaigePi'e"Sii;uol Ciiar itylJ* ii 1144996
Annualaccountsfor theperiod

,-
0111112021 Periodend
date
I
i3111012022
Restricted
Recommended Details of own Unrestricted income Endowment Yearto Yearto
categoriesbyactivity analysis funds funds funds 31110122 31t10121
f f e
lncomingresources(Note F01 F02 F03 F04
!ncomin gresources from
generatedfunds
DonationsandLegacies 75,339 75.339 57.576
lncoming resources from
charitableactivities 9,080 9,080 5,538
Activitiesforgenerating funds 10,140 10.140 18,785
lnvestmentincome 4
Otherincomingresources
TotaIincoming resourcei 94,559 94,559 81,903
.Resourcesexpended(Notes
Costsof GeneratingFunds
Fundraisingtradingcosts 1,095 1,095 904
Costs ofgeneratingvoluntary
income
Charitable activities 85,023 85,023 88,246
lnvestment managementcosts
Governancecosts 468 468 468
Otherresources expended
Total resources expended 86,586 86.586 89.618
Netincomi ng/(outgoing) resources before
transfers 7,973 7.973 -
7,715
Grosstransfersbetweenfunds
Netincoming/(outgoing) resources before
otherrec og nisedgains/(l osses) 7,973 7.973 -
7,715
Otherrecognisedgains/(losses)
Gains and lossesonrevaluationoffixedassets
for the charity's ownuse
Gains and lossesoninvestment assets
Netmovement in funds 7.973 7,973 -
7,715
Totalfundsbrought forward 12,290 4,575 12,290
Total funds carried forward 20.263 12,548 4,575

Unrestricted income Endowment Yearto Yearto
funds
E
funds
funds
g
31110122
f
31110121
F01 F02 F03 F04
463
463
447 447 377
2+,1la 24,llb 13,784
25,223 25,223 14,'lo'l
12,675 12,675 10,049
,
,

Recognitionof incoming Recognitionof incoming These are included in the Statement of Financial Activities(SoFA)when:
resources .
the charity becomes entitled to the resources:
.
the trustees arevirtueillycertain theywillreceive the resources; and
.
the monetary value can be measured with sufficient reliability.
Offsetting There has been nooff-getlingof assets and liabilities, or income and expenses, unless
requiredorpermitted bytheFRSl02SORPorFRS102.
Grants anddonations Grants and donations are only includedinthe SoFA when thegeneral income recognition
criteria are met(5.10to 5.12FRSl02SORP).
ln the case of performance relatedgrants,income must only be recognisedtotheoitentthat
the charity hasprovidedthe specifiedgoodsor services as entitlementlothegrantonly
occurs when theperformancerelated conditions are mbt(5.16 FRS 102 SORP)..
Legacies are includedinthe SOFA when receiptisprobable,thatis,when there has been
Legacies grani of probate, the executors have established that there are sufficient assetsinthe estate
and any conditions attached to the legacy are either within the control of the charity or have
been met.
Govemmentgrants The charity has received governmentgrantsinthe reportingperiod
Gift Aid receivable is included in income when there isavalid declaration from the donor.
Taxaeclaims ondonations Any Gift Aid amount recovered on a donationisconsidered to bepartofthatgiftand is
andgifts treated as an.addition to the same fund aslheinitial donation unless the donor or theterms
of the appeal have specified btherwise.
Gontractual income and Thisisonly includedinthe SoFA once the charity hasprovidedthe relatedgoodsor services
relatedgrants or met theperformancerelated conditions.
.performance
Donated goods Donated goods are measuredatfair value (the amount for which the asset couldbe
exchanged) unless impractical to do so.
The costofany stock ofgoodsdonated for distribution to beneficiariesisdeemed to be the
fair valueofthosegiftsatthe time of their receipt andiheyare recognised onreceipt.ln the
reportingperiodinwhich the stocks are distributed, they are recognised as an expense at the
carrying amountofthe stocksatdistribution.
Donatedgoodtfor resalearBmeasuredatfair value on initial recognition, whichisthe
expectedproceedsfrom sale less the expected costs of sale, and recognised in'lncomeftom
other tradingactivities'withthe conesponding stock recognisedinthe balancesheet.Onits
sale the valueofstockischargedagainst'lncomefrom other trading activities' andthe
proceeds from sale are also recognised as 'lncome from other trading activities'.
Goods donated foron{oingusebythe charity are recognised as tangible fixed assets and
includedinthe SoFAasincoming resourceswhenreceivable.
Gifts in kind for usebythe charity are includedinthe SoFA as income from donationswhen
receivable.
Donaled services and Donated services and facilities are included in the SOFAwhenreceived at the value ofthe
facilities gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised asincome
with an equivalent amount recognised as an expense under the appropriate heading in the
SOFA.
Supportcosts The charity has incuned expenditure on support costs.
Volunteer help The value ofanyvoluntary help received is not included in the accounts butisdescribedin
the trustees' annual report.
lncome from interest, This is includedinthe accounts when receipt isprobableand the amount receivablecanbe
royalties anddividends measured reliably.
lncome from membership Membership subscriptions receivedinthe nature of agiftare recognised in Donationsand
subscriptions Legacies.
Membership subscriptions which gives a member the righttobuyservices or otherbenefits
are recognised as income eamed from theprovisionofgoodsand services as income from
oharitable activities.
Settlement of
claims
insurance lnsurance claims are only includedinthe SoFA when thegeneralincome recognition criteria
are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income inthe
SoFA.
lnvestmenl gains andlosses This includes any realised or unrealised galns or losses on the sale of investmentsandany
gain or loss resultingfromrevaluing investments to market valueatthe endofthe year.

2.3 EXPENDITURE
A
NDLIABILITIES
Liabilities are recognised where it is morelikellrthannotthat thereisa legal or constructive
Liability recognition obligation committing the charitytopayout resources and the amountofthe obligationcanbe
measured with reasonable certainty.
Governanceandsupport Support cosls have been allocated betweengovemancecosts and othersupport.Governance
costs costs comprise all costs involvingpublicaccountability of the charity anditscompliancewith
regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories ona
basis consistent with theuseof resources, eg allocatingpropertycostsbyfloor areas,orper
capita, staff costsbythe time spent and other costsbytheir usag6.
Grantswithperformance Where the charity gives agrantwith conditionsforitspaymentbeing a specificlevelofservice
conditions or output to beprovided,suchgrantsareonly recognisedinthe SoFA once therecipient of the
grant has provided the specified service or output.
Grantspayablewithout Where there are no conditions attaching to thegrantthat enables the donor charity to
performanceconditions realistically avoid the commitment, aliabilityfor the full funding obligation must be recognised.
Redundancycost The charity made no redundancy payments duringthereportingperiod.
Deferred income No materialitemofdeferedincome has been includedinthe accounts.
Creditors The charityhascreditors which are measured at settlement amounts lessanytrade discounts
Provisions for liabilities Aliability is measured on recognition at its historical cost and then subsequently measured at
thebest estimateofthe amount requiredtosettle the obligationatthe reporting date
The charity accountsforbasicfinancialinstruments on initial recognition asper paragraph10.7
Basicfinancialinstruments FRS102SORP.Subsequentmeasurementisasperparagraphsll.lTtoll.l9,FRS102
SORP.
2.4 ASSETS
Tangiblefixedassetsforuse These are capitalisedifthey can beusedfor more than oneyear,and cost at least
bycharity
They are valuedat cost.
The depreciation rates and methods used are disclosed in note14.
The charity has intangible fixed assets, that is, non-monetary assets that do not havephysical
lntangible fixedassets substance but are identifiable and are controlledbythe charity through custody or legal rights.
The amortisation rates and methods used are disclosed in note15.
They are valuedatcost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific,
Heritage assets technological, geophysicdl or environmentalqualitiesthat are held and maintainedprincipally
for their contribution to knowledge and culture. The depreciation rates and methods usedas
disclosedinnote16.
They are valuedat cost.
Fixed asset investmentsinquoted shares,kadedbonds and similar investments are valuedat
lnvestments initiallyatcost and subsequentlyatfair value (their market value)atthe yearend.Thesame
treatmentisapplied to unlisted investments unless fair value cannotbemeasured reliablyin
which case itismeasured at cost less impairment.

lncomingresourcesmay be furtheranalysedifthiswouldhelpthe readerofthe accounts.
Yearto Yearto
rs 31110122
t
31110121
Donations andLegacies Nurserv Grant 74.797 57.576
Milk RefundWFRU 155
Donations 541
EmploversNlAllowance
HMRC SMPReclaimDue
NlCompensation on SMP
ExtendedServices-LunchClub 892
Miscellaneous lncome
Total 75,49,3 58,468
Activities forgenerating
funds
MiscellaneousF
lncomefrominvestments: lnterest on SavingsAccount 4
Total 4
Gharitable activities: ParentsFees 9,080 18,785
Extended Services
Tota 9.080 18.785
Analysis of Voluntary income
Government Body
31110120223111012021
74,79757,576
Corporate
Charitable
lndividual
74.797I
57.576

SchoolTrips &Entertainment
Charitableactivities Bank Charoes 89 104
Consumables 1,631 2,009
Depreciation 354
LeoalFees 69 13
lnsurance&Membership 821 502
Mitk
Miscellaneous Expenses
Premises Expenses
Pavroll Fees 1.002 741
Postaoe & Stationerv 217 27
Donalions
Refreshments
Rent 8,256 6.569
felephone & lnternet 615 895
fraining& Courses 318 736
Waqes & ERNl 70.817 75,915
Emolovers Pension 634 517
fVeb Hostinq&Domain 91 29
Total 84,560 88,411
Governance costs Accountinq&lndeoendentAuditCosts 468 468
Total 468 468

7.1Staff Gosts
Yearto Yearto
31110122 31t10t21
E
Gross wages, salaries and benefitsin kind 70,817 75,915
Employer's National lnsurancecosts 1,504 1,153
Less EmployersN!Allowance - 1,504 - 1,153
Employer Compensation onSMP
EmployerSMP Rebate
Pensioncosts 634
Totalstaff costs 71,451 75,915
Yearto Yearto
7.2Averagenumber of ful!-timeequivalent employees in theyear 31110122 31t70t21
Number Number
The parts of thecharityinwhich the
employeeswork
ijut'ri , dl;rli
[i'.
{.;Ft"*.r'ita;.ir,r:F.-r:iiyifies
I 10
ii&.V{-:i-;nAnc*
Utirer
Total 8 10

Grantsto Grantsto
institutions individuals
for which Totalamount Totalamount€

9.1Cost or v aluation
Furniture& Other land& PIant, Equipment Payments on Total
Fittings buildings machineryand accountand
motor vehicles assets under
construction
f
Balance brought 1,319 5,230 6,549
fonruard
Additions
Balance carried 1,319 5,230 6,549
forward
9.2Accumulated depreciation and impairmentprovisions
*Basis SLorRB SLorRB SLorRB SL SLorRB
*Rate 25.000/o
Balance brought 1,124 4,962 6,086
fonruard
'Depreciation charge 195 268 463
forperiod
Balance carried 1,319 5,230 6,549
fonruard
9.3 Netbook value
Brought fon,rard 195 1,587 817
Carriedfonruard
9.4 Revaluation

Note11
Debtors and p
repayments
Analysisofdebtors Amountsfallingdue
withinoneyear
Amountsfallingdueafter
more thanoneyear
Yearto Yearto Yearto Yearto
31t10122 31110121 31110122 31t10121
f, f I
SMPReclaim duefromHMRC
lnsurancePrepayment 447 377
Total 447 377

Note12
12.1Analysis ofcreditors
Creditorsand
accruals
Amountsfallingdue Amountsfallingdueafter
withinoneyear more thanoneyeai
Yearto Yearto Yearto Yearto
31110122
E
31110121
t
31110122
3',1t10121
Tradecreditors 468 595
RentAccrual 1,100 1,427
SalariesDue
PensionPaymentDue
Accrualsanddeferred income 11,107 8,027
Total 12,b75 1U,U49

14.1Remuneration and benefits
Amountspaid or benefit value
Nameoftrustee or connectedPafi Legalauthority(egorder,
governingdocument)
Yearto 31110122 Yearto 31110121
t
None None
14.2Loans
Amount owing
Nameof trusteeor
connectedparty
Legalauthority Yearto 31110122 Yearto 31110121
t f,
Dtotrusteesand None None
relatedparties
Duefromtrustees None None
and relatedparties
Nameof thetrustee Relationshipto Description of the Yearto31110122 Yearto31110121
or relatedpartv charitv transaction(s) E
None None