Runwell Willage Pre-school Financial Statements Year End 31st October 2023 Registered Charity Number 1144996 Company Registered No: 07540138 Iiwi 111 ND71BON4' 10107r2tr24 CCAPANIES HOUSE A11
Trustees. Annual Report for the period From Period start dale Day PerKJd end date Day Monih Month Year Ye81 Nov•fflb•r 2022 31 Odob•r 2023 Section A Reference and administration details Runw811 Village Pre School Registered Charity Number Registered Company Numb¢r 1144996 7540138 Address Runwell Village Hall Church End Lane Runwell Wickford Essex Postcode SS117JE Names of the charlty trustees who manage the charity Trustee nam• Offi¢• Irf any) Chairperson TreaSur Secretary Vice-chair Vice-SeGretary Trust•• name Lisa Phillips Sarah Howgill Lauren Dyerson offi {il any} Amanda Campbell Stephen Phillips Jennie Bright Hannah Woods Louise Calabritto Resigned 0811112022 Appointed 0811112022 Section B Structure, governance and management Descri tion of the charl$ trusts Type of goveming document SORP 1.25 The organisatn is a charitable company limited by guarantee. incorporated on 231212011 and as a registered charity on 911212011 How the charity is C(StilUled SORP 1.25 The company was established under a Memorandum and Artides hthich established the objects. powers and govemance of the charitable company. Trustee selection methods SORP 1.25 Additional govemanGe issues The Charily is administrated by the trustees who meet at least three times per year to discuss policies and ways of implementing the purposes of the constitution. And to ensure that the requirements of the Charity Commission and HMRC are beir¥J met. Annually elected al AGM each year Minimum number of Committee members is 5 and the maximum 12, together with up to a further 3 O-opled members.
Section C Objectives and activities Surnmary of the objects of the charity set out in The objects of the Pre-school are to enhance the its governing document and the activities development and education of children primarily under undertaken for the publi¢ benefit in relation lo statutory school age by encouraging parents to understand these objects SORP Ref 1.17.1.19 and 1.18 and provide for the needs of their children through community groups. The Pre-school offers appropriate play, education and r2re facilities and training courses, together th the right of parents to take responsibility for and to become involved in the activities of such groups. They offer opportunities for all children whatever their race. culture, religion. means or abilty. They encourage the study of the needs of such children and their families and promote public interest in the recognition of such needs. They instigate and adhere to and furthering the aims and objects of the Pr School Learning ANiance. The trustees have had regard to the guidance issued by the Charity Commission on public benefit. Section D Achievements and performance During the year the charity had a tolal income of £90417 (2022-£945591 and lolal expenditure of £92851 (2022-£89586) leawng a loss for the year of {£2434) (2022 gain £79731. At the balance sheet date the charity's reserves had fallen to a total accumulated unrestricted funds of £10114 which is estimated at 11 Q/D of Annual expendtlure. This would allow the Charity to continue for 1 month if funding stopped. The trustees are of the opinion that this will provide adequate resou$ to fulfil the obligations of the charity but aim to increase this to 6 month's over the next five years. Summary of the main achievements of the charlty during the year SOPR Ref 1.20. 1.21, 1.22 Section E Financial review The Truslees aim to maintain reserves to allow for 6 month's trading if grants ceased Brief statemenl of the charity's policy on reserves SORP Ref 1.22 Details of any funds materially in deficit SORP 1.24 None Section F Declaration The trusteos d¢clar¢ that they hava approved the trustees, report abo¥e. The company has taken advantage of the Small ¢ompanies' exemption In preparing the report above Signed on behalf of the charitys truste Signature(sl ors Full name{sl "STEei4erJ Les u ILLI Position -rriEA Date
Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members o Runwell Village Pre-school On accounts for Ihe yea ended 31. October 2023 Charlty no 1144996 Company Regd. no 07540138 Set out on pages &18 R•spKtive responslblllties The trustees (wlY> are also the diredors of the eompany for the purposes of of trusteos and examlner company lawl are responsible for the preparan of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examinalh)n is needed. 11 is rny responsibilty to-. . examine the accounts under section 145 of ts Charities Act. • lo follow Ihe procedures laKI down in the general Directions give by the Charity Commission (under section 145(5)(bl of the Charities Acl. and to state the1her partieular matters have come to my attention. Basls of Independent My examination was Carried out in accordance wtth general Directions givèn by examlnetrs statement the Charty Commission. An examination includes a review of the accounting records kept by the charity and a comparison ol the accounts presented wrth those records. It also includes consideration of any unusual items or discbsures in the accounts. and seeking expL4nations from the trustees concerning any such matters. The procedures undertaken do rt provide all the evidence that would be required in an audiL and consequently no opinion is gwen as to whether the accounts present a 'true and fair. view and the report is limited to those matters sel out in the statement below. Independent examinerfs In connection with my examin8tton. no Matter has come to my attention to indicate statement that.. attounting records have not been kept in accordance section 386 of the compan Act 2006.. the accounts do nol acccKd *ith such records.. where accounts a prepared on an accwals basis, whether they fail to eomply th relevanl accounting requirements under section 396 of the Companies Act 21J06. or are not consistent wilh the Charitigs SORP IFRS1021 any matter which the examiner believes should be drawn to the attention of the reader to gain a proiier uTrJerstanding of the accounts. Date: Name: hirle Shirle Smrth and Co Limtted Address: 11 Chandlers Wa South Woodham Ferrers E$sex CM3 5TB
Charty Name.. Runwell Village Pre-SChCl Charity No 1144996 .IOMMIWOM Annual accounts for the eriod Peiiod stsrt dat• 0111112022 To Period end dale 3111012023 Section A Statement of financial activities Re5tri¢ted Income funds Recommended Categorles by actfv Detalls of own anatysls Unrestrlcted nds Endowm•nt fvnd$ Year to 31110123 Year to 31110122 Incoming resources (Note 3) Incoming resources from g•n•rat•d fvnds Donations aThJ LegacTes Incoming resources from charitable a¢ti¥iU•$ F01 F02 F03 70,340 70,340 75,339 10.790 10,790 Adwtias for 98noraling fund5 9,216 71 9,216 71 10,140 Invtstmrnt irKomo Othgr ineoming r•sourc Total incoming resources Resourcos expended (Notes 4-8) 90.417 90.417 94,559 Cosis of G•n•ratin9 Funds Fundraising ir•JiNJ ¢osts Costs of 98nerabng volunthry Income 1,727 1,727 1,095 Charitable adlvities 90.656 90.656 85,023 Inve51menl managemenl ¢osis Governan¢• $ts Y•ar End 31st Octob•r 2023 468 468 Total resources expended Not In¢ominW(outgolng) resources before transfers 92.851 92,851 86,586 2,434 2.434 7,973 Gross transfers between funds Net Incoming/(outgolng) rnsources before otherre¢ognlsed gains/(losses) Other recognlsed gainsl(losses) Gains and losses on revaluation of re ass8ts for the charitys own use Gains and losses on investrnenl assets 2.434 2,434 7,973 Alet movement in funds Total funds brought forward Total fvnds carried forwanl 2,434 12,548 2,434 12,548 7,973 4,575 10.114 10,114 12,548
Section B Balance sheet Restricted income funds Unrestrlcted funds Endowment furbds Yr to 31110123 Y•ar to 31110122 Investments {Note 10) Total fixed assets Current assets stock and work in progress Debtors (Note 11) (Short term) investments Cash at bank and in hand Total cuent assets 3.743 3.743 447 18,644 22.387 24,776 25,223 22.387 Creditors.. amounts falling duo within one year (Note 121 12.273 12,273 12,675 Net current assets/(liabilities) Total assets less Current liabilibes Credltors: amounls falling due after one year (Note 13) Provisions for liabilities and charges Net assets Funds of the Charity .Unrestricted funds 10.114 10,114 12,548 Restricted income funds {N¢)te 14 Endowment funds (Note 151 Total funds Th• company w8s enbtledlo exompbon Irom at t$•7?0[ the Cry8rrieÈ Act 1•119 k+ sm8llcompanA•S. record$ and Ihe pmp8bon 018¢Goynts. regime andin eGcord8nce with FRS102 SORP. Stgned by one or tteeS on behaw of all nature Print Na Date t*iLL
SÈctiori C Note5 to the accounts Note 1 Basis of Preparation 1.1 Basls of accounting These accounts have been prepared under the histon.cal cosl convention wth iteThts retognised at cost or transaction value unless olhwwse $latsd in lh8 reant nolels} to ihese accounts. The accounts hav? been prepared in accordance wilh.. Ihe Statem¢nt ol Rec0Mnnded Praclice. ACCnn9 and by Chari5 preparing their accounts in accordan¢e with the Financial Reportrw Standard aPKable in UK and Republ¥c ol IreL4nd IFRS 1021 issu8d on 16 Jlty 2014 and with. the FinawKial RePir9 Standanl appIlble in the Unit•d King(hJm and RepuÈ4ic of ILerj IFRS 102} artd with the Charitsès Act 2011. The charity cons11leS a pubth"c b8n8fft entity as dfvd by FRS 102.. 1.2 Going Not aPIcable 1.3 Ch•ng• of aeeounting polley The a¢counts present a true and fairview and no change5 have been made to th• accounting polici•s adopted in notes. Yes. No. 1.4 Changes to a¢¢ounting estimates No chan9es to accounting estimates have Occur ift the p(lIng penod13.46 FRS102 SORPI. Yes. ".Ti¢k as approFrf*le No"
Section C Notts io the accounts Note 2 ACcOuntw Pl75 2.2 INCOAIE v•sourr•5 ¢JIIMttlng tythfj FRS 102 SORPryFIL8 102. vleria wpmel1S.IOto 5.12 FAS1ty2 SCWI 4nd Ymv ETrJ 31•tO¢tdxr 2K3 Donaledgoods faTlloI1hD * tho th0y3 rew9rd0 retthpt. In tho Gf5 fryt•bythe tharity1nd inthD SoFA8vKtsmelfom dor•bonswhBh f¥4ili ghllothetharityFWbvJedthEvkndthe 9rftGDn b? rnfja5ud rokatsSf. SCfA &rpportMi Volunt••rWp In¢om•frorn knt•v•si roylts•S hd divld•nOs Th•wAk*d¥0hth1Aryp is fLdIn thp acuuirk 11$&1bed TIMS & I411•0 Xents r¢ctyt $ r4cthvaNo can b• S•iiJgm•nt ol&isurnvK• dalrns rn6t{&10to 5.12 FRS102 SLYIP}wOwe jrthWa5 Jn thm01otheryrnQ in ihe •nd
Section C
Notes to the accounts
Iconti
2.3 EXPENDITURE AND LIABILITIES
Liablib'es are recc4Jnisèd thefe it 45 mcrt fikely ihan that there is a le9al or eonstrucbvè
obligation CoMmitj the charity to pay out re50wces and the amouniofthè Ob1Ja can bè
measured wAth reasonawe certainty.
Llablllty rKognltlon
13ts¥emance and support
costs
SUP cosls have been k)CaTed belvn I¢m costs and other SUPFrf. Governance
(x)sts comprise all eosts invthrn) wbltc a¢ctwn"lityofthe aThl its compliance
regulation and g(K%J practru.
Support $ts indvde central ncti$ aThJ have been albxate(I to activitycost categories on
$ ¢onysient th lh• use of res¢xJrces. eg alktating property costs byffloor areas. or per
¢awta. staff Costs byW time spent * otlw&)sts bytheir usage.
Grants wlth perfonnan¢•
¢ondWons
Where Ihe itharitygives a granlknith conditions for its pant bery 4 5pecrf ¥81 of service
oroutpulto be prwded. such grants are onty rerngnised in the SOFA once thtr reaeTht olth
granl ha$ provided Ihe spec1 seNice orouw.
Grants payable wlthout
perforrnan¢• ¢onditiorrd
Where Ihere are ¢dIon5 attachirJ to the grdntth enatAÈs the 0charityt0
realistic• avoid the COMM1 a liabiltyforthe fvll fvThJing must be retr)gniJ.
R•dund•ncy cost
The Charity made no redurnlaw pawnents dLThg Ihe reF4Jbng pe1.
D¢f•fftd InmI
No material iiem oldeferred ir(¥ has been indthl•d ift Ihfr acCnts.
Creditors
The ¢hwity has ¢dIt(S are measured at seitrernent amounts18ss anytrade discounts
. prov1n$ for li•bllltie8
A liability15 meawred on reccwNiM at its hisl¢Yi¢a ¢LlSt and thfi subswnly measufed al
the best estimat8 ofth• amount rety•d to s•ttyo the
Stock$ and work In progresB Slocks held for as partol non<harilable tra arn IraSured at low rycosl or net realisable value. Go¢d$ or services wowded as part of2 (IlaAe athlyare measured ai reak'sab value based on the sefyice potential wo¥thd by items ofsttt Work pffjgress is valued aic05t kn5 y10$••ab18 Ios5 that is likety to ocojr on tr DebtOfS [IndudBYJ Irade debt$ arwj k)ans rKeiwabbèl a measured on initial recognblTr at ellkmeni amtyjni after wy tfade diSnts or amwnt advanced by Ihe charity. Svb5equentFy. are mtasured al the cash or otkn ¢sleration expected lo be receNed. D•bl•rs The thanfy has invesbnents rt hotds for re$8le or pending their sale and ¢ash and cash equivalentshith a mabJrity date less Ihan one ar. These indvde cash on deposit and ca$h u1valts *ith a maturity ofloss than w ar held for irh¥estment Fww)s¢s rnth¢rthan to meet $hort4eryn cash ¢tYnmitments as IW fall due. Curr•nl as$•1 ID$1m•nts TW are valued at fair value exeewwhert ty qualifya5 bgsiefinancid inslrumenls.
Section C Notes to the accounts (con Note 3 Analysis of incoming resources Incoming resources may be fiirther analysed rfthis would help the reader of the accounts. Year to 31110123 Year to 31110122 is Donations and Legacies Nurse Grant Milk Refund WFRU Donations Em ers Nl Allowance HMRC SMP Reclaim Due Nl Com nsation on SMP Extended Services-Lunch Club Miscellaneous Income 69,895 119 326 74.797 155 541 Total 70,340 75,493 Activities for generatlng funds Xmas Events Lunch Club Mess Pla End of Tenn Concert Bin Snacks Fun Da Lotte Eas Fundraisin Fathers Da Mothers Da Photo ra hs nsored Walk $2School Miscellaneous Fundraisin Sch¢)ol Tri s & Entertainment S onsored Bowl Unifoms 2,134 2.457 534 3.787 557 563 2,096 1,31 217 44 44 64 135 44 110 225 48 1.877 140 1,995 1.235 370 9,986 386 10,790 Total Income from investments: Interest on Savings Account 71 71 Total Charitable activities: Parents Fees ExteniJed Services 9.216 9,080 9.216 9,080 Analysls of Voluntsry Incom• Govemmenl Body Corporate Charitable Individual 3111012023 3111012022 69.895 74,797 69,895 74.797
Section C Notes to the accounts Icontl Note'4 Analysis of resources expended Fundralslng tradlng costs Yearlo 31110123 Yearto 31110122 Children's Parties Easter Event Xmas Events Soft Pla Fete & Funda Halloween Event Bowli 139 220 80 21 an World Summer Pa Miscellaneous Mothers Da Photo ra School Tri Unifomis 265 545 78 339 665 1.727 s & Entertainment 470 1.095 Total Charitable aclivities Bank Char es Consumables reciation al Fees Insurance & Membershi Milk Coronation Advertisi Pa roll Fees e & Statione Donation Refreshments Rent Tele hone & Inlemel Trainin & Courses Wa es&ERNI lo ers Pension Web Hosti & D(wnain 93 1.156 89 1.631 69 821 903 373 107 863 303 1.002 217 6,263 711 8,256 615 318 70,817 634 91 84,560 78,842 902 140 90,656 Total Governance costs Accountin & Inde endent Audit Costs 468 468 TfAal 468 468
Section C Notes to the accounts (contl Note S Support Costs Please complete thls note rf the charity has analysed its expenses using activity categorfes and has support ¢0sts. Fundraising actlvity Charitable Adivity GoVnanCe Artivity Total Cwt Su ort cost Total Note 6 Details of certain items of expenditure 6.1 Trustee expensos to 31110123 None Year to 31110122 None Number of trustees who were paid expenses None None Nature of the expenses Total amount paid Year to 31110123 Year to 31110122 Independent examinerfs or auditors. fees for reporting on the a¢¢ounts Other fees Ifor example: advice. consultancy. accountancy services) paid to the independent exarniner or auditor 468
Section C Notes to the accounts Icontl Note'7 Paid employees Please complete thls note rf the Charity has any employee& 7.1 Staff Costs Y•ar to 31111Y23 Year lo 31110r22 Gross wages, salari¢$ and bonefits in klnd Employer's National Insurance costs Less Employers Nl Allowance Employer Compensation on SMP Employer SMP Rebate Pension costs 83.(XiO 1.956 1.956 70,817 1,504 1.504 4.158 902 79.744 634 71,451 Total stsff costs Yearto 31110J23 Number Year to 31110r22 Number 72 Average number of fu114ime equlvalent employees In the year The parts of the charity In which the employees work Fundraisin Charitablè Activities Governance Other 10 Total 10
Sèction C Notes to the accounts (cont) Note 8 Grantmaking Please complete this note if the charity made any grants or donations whlch In aggregate fomi a materlal part of the charitable a¢tivities undertaken. 8.1 Total value of grants Granls to institutions Totsl amount £ Granls to individuals Total amount £ Purpose for which grants made Total 8.1 Grantmaking costs If the charity's accounts are prepared on the "activity basis'please give details of any support cost associaled with grantmaking. Please entw -Nil" rf the charity does not identify and/or allocate support costs. Support ¢osls of grantmaking 8.3 Granls made to institutions If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient inforn?ation should be given to provide a reasonable understanding of the range of institutions su rted. Names of institutions Purpose Total amount of grants paid £ Total grants to institutions
Section C Notes to the accounts (contl Note9 9.1 Cost or valuation Tangible fixed assets During the year th• charity had a total Income Other land & bulldlngs Plant, machinery and motor vehicles Equipment Payments on account and assets under construcllon Total Balance brought forward Additions 1,319 5,230 6,549 Balance carried forward 1,319 83.050 5.230 6,549 9.2 Accumulated depreciation and impairnient provisions SLorRB SLorRB SLorRB "Basis SL SLorRB ' Rate 25.00° Balance brought foNard Depreciaticl charge for period Balance carried forward 1.124 4.962 6,086 195 268 463 1,319 5,230 6,549 9.3 Net book value Brought forward Carried forward 9.4 Revaluation
Section C Notes to the accounts (cont) Note f O Investm•nt assets 10.1 Flxed assets investments Carrying (market) value at beginning of year Add: additions to investments at cost Less- disposals at carrwng value Addl{deduct): net gainl(bss) on revaluation Carrying (market) value at end of year Analysis of investmenls 10.2 PAarket value at year end 10.3 Income from Investments for the year Investment properties Invéstments listed on a recognised stock exchange or held In common investment funds, open ended investment companies, unit trusts or other collective investmenl schemes Investments in subsidiary or connected undertakings and companies Securities not listed on a recognised Stock Exchange Cash held as part of Ihe investment portfolio . Other Investments Total 10.4 Material Investment holdings If any single investment is Material in ternis of its value (for example rnpresents more than 5 per cont of the value of the charity's total investments) please provide details. Investment held Market Valuo
Section C Notes to the accounts {cont) Note11 Deblors and prepayments Analysis of debtors Amounts falling due within one year Year lo Year to 31110123 31110122 Amounts falling due after more than one year Year to Year to 31110123 31110122 SMP Reclalm due from HMRC 3,286 457 Insurance Prepayment 447 Total Note 12 Creditors and accruals 12.1 Analysis of creditors Amounts falling due within one year Year to Yearto 31110123 31110122 Amounts falling due after more than one year Yearto Yearto 31110123 31110122 Trade creditors 468 468 Rent Accrual 2.240 1,100 Salaries Due Pension Paymont Due Accruals and deferred income 9.501 11.107 Total
Section C Notes to the accounts (cont) Note"13 13.1 Funds held Endowment and restrScted Income funds Please give a brief description of any of the following type of funds held by the charity: permanent endowment funds IPE): expendable endowment funds {EE); and restricted inGome funds. including special trusts. of the charity IR). Fund Name Type PE, EE orR Purpose and Restrictions 13.2 moveme.nts of major funds Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities. un balances brought forward Fund balan¢es carried forward Incoming rnsources Outgoing resources Gains and losses Transfers Fund names Unrestricted 12,548 90,417 92,851 10.114 Total Funds 90.417 92.851 10,114 13.3 Transfers between funds Please give details of any transfers between funds. From Fund {Name) To Fund (Name) Reason Amount
Section C Notes to the accounts {cont} Note 14 Transactions with related partles 14.1 Remuneration and benefts Amounts paid or benefit value Name of trustee or conne¢ted party Legal authority (eg order, governing document) Year to 31110123 Year to 31110122 None None 14.2 Loans Amount owing Name of trustee or connected party Legal authority Year to 31110123 Ye•r to 31110122 Due to trustees and related parties Due from trustees and related parties None None None None Name of the trustee or related art Relationship to char Description of the transaction Year to 31110123 Year tts 31110122 None None