Runwell Willage Pre-school Financial Statements Year End 31st October 2023 Registered Charity Number 1144996 Company Registered No: 07540138 Iiwi 111 *ND71BON4' 10107r2tr24 CC*APANIES 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 TreaSu￿r 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 organisat￿n 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 prepara￿n 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 r￿t 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$sex CM3 5TB Charty Name.. Runwell Village Pre-SChC￿l Charity No 1144996 .IOMMIWOM Annual accounts for the eriod Peiiod stsrt dat• 0111112022 To Period end dale 3111012023 Section A Statement of financial activities Re5tri¢ted Income funds Recommended Categorles by actfv Detalls of own anatysls Unrestrlcted nds Endowm•nt fvnd$ 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¢• ￿$ts Y•ar End 31st Octob•r 2023 468 468 Total resources expended Not In¢ominW(outgolng) resources before transfers 92.851 92,851 86,586 2,434 2.434 7,973 Gross transfers between funds Net Incoming/(outgolng) rnsources before otherre¢ognlsed gains/(losses) Other recognlsed gainsl(losses) Gains and losses on revaluation of r￿e￿ ass8ts for the charitys own use Gains and losses on investrnenl assets 2.434 2,434 7,973 Alet movement in funds Total funds brought forward Total fvnds carried forwanl 2,434 12,548 2,434 12,548 7,973 4,575 10.114 10,114 12,548 Section B Balance sheet Restricted income funds Unrestrlcted funds Endowment furbds Y￿r to 31110123 Y•ar to 31110122 Investments {Note 10) Total fixed assets Current assets stock and work in progress Debtors (Note 11) (Short term) investments Cash at bank and in hand Total cu￿ent assets 3.743 3.743 447 18,644 22.387 24,776 25,223 22.387 Creditors.. amounts falling duo within one year (Note 121 12.273 12,273 12,675 Net current assets/(liabilities) Total assets less Current liabilibes Credltors: amounls falling due after one year (Note 13) Provisions for liabilities and charges Net assets Funds of the Charity .Unrestricted funds 10.114 10,114 12,548 Restricted income funds {N¢)te 14 Endowment funds (Note 151 Total funds Th• company w8s enbtledlo exompbon Irom a￿*t t￿￿$•7?0[ the Cry8rrieÈ Act ￿1•11￿9 k+ sm8llcompanA•S. record$ and Ihe pmp*8bon 018¢Goynts. regime andin eGcord8nce with FRS102 SORP. Stgned by one or t￿￿teeS 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 $latsd in lh8 re￿ant nolels} to ihese accounts. The accounts hav? been prepared in accordance wilh.. Ihe Statem¢nt ol Rec0Mn￿nded Praclice. ACC￿￿n￿n9 and by Chari￿￿5 preparing their accounts in accordan¢e with the Financial Reportrw Standard aP￿Kable in UK and Republ¥c ol IreL4nd IFRS 1021 issu8d on 16 Jlty 2014 and with. the FinawKial ReP￿ir9 Standanl appIl￿ble in the Unit•d King(hJm and RepuÈ4ic of I￿Ler￿j IFRS 102} artd with the Charitsès Act 2011. The charity cons11￿leS a pubth"c b8n8fft entity as d￿fv￿d by FRS 102.. 1.2 Going Not aP￿Icable 1.3 Ch•ng• of aeeounting polley The a¢counts present a true and fairview and no change5 have been made to th• accounting polici•s adopted in notes. Yes. No. 1.4 Changes to a¢¢ounting estimates No chan9es to accounting estimates have Occur￿ ift the ￿p(￿lIng penod13.46 FRS102 SORPI. Yes. ".Ti¢k as approFrf*le No" Section C Notts io the accounts Note 2 ACcOuntw￿ Pl￿￿￿75 2.2 INCOAIE v•sourr•5 ¢JIIMttlng tythfj FRS 102 SORPryFIL8 102. vleria wpmel1S.IOto 5.12 FAS1ty2 SCWI 4nd Ymv ETrJ 31•tO¢tdxr 2K3 Donaledgoods faT￿ll￿oI1hD￿ * tho th0y3￿ rew9rd￿0 retthpt. In tho Gf5 fryt*•bythe tharity￿1n￿￿d inthD SoFA*8vKtsmelfom dor•bonswhBh f¥4ili ghllothetharityFWbvJedthEvkndthe 9rftGDn b? rnfja5u￿d rokatsSf. SCfA &rpportM*i* Volunt••rWp In¢om•frorn knt•v•si roy*lts•S *hd divld•nOs Th•wAk*d￿¥0hth1Ary￿p ￿ is f￿￿L￿dIn thp acuuirk ￿11$&￿￿1bed TIMS & I￿41￿1•0 Xe￿nts r¢ctyt $ r4cthvaNo can b• S•iiJgm•nt ol&isurnvK• dalrns rn6t{&10to 5.12 FRS102 SLYIP}wOwe jrthWa5 Jn thm01othery￿rnQ 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 CoMmit￿￿j the charity to pay out re50wces and the amouniofthè Ob1￿Ja￿ can bè measured wAth reasonawe certainty. Llablllty rKognltlon 13ts¥emance and support costs SUP￿ cosls have been ￿k)CaTed bel*vn 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 pa￿￿nt bery 4 5pecrf* ￿¥81 of service oroutpulto be prwded. such grants are onty rerngnised in the SOFA once thtr rea￿eTht olth granl ha$ provided Ihe spec1￿ seNice orouw. Grants payable wlthout perforrnan¢• ¢onditiorrd Where Ihere are ￿ ¢￿dI￿on5 attachir*J to the grdntth* enatAÈs the ￿0￿charityt0 realistic• avoid the COMM￿1￿ a liabiltyforthe fvll fvThJing must be retr)gni*J. R•dund•ncy cost The Charity made no redurnlaw pawnents dLThg Ihe reF4Jbng pe1*￿. D¢f•fftd In￿mI No material iiem oldeferred ir￿(¥￿ has been indthl•d ift Ihfr acC￿nts. Creditors The ¢hwity has ¢￿dIt(￿S are measured at seitrernent amounts18ss anytrade discounts . prov￿1￿n$ for li•bllltie8 A liability15 meawred on reccwNiM at its hisl¢Yi¢a ¢LlSt and th*fi subswnly measufed al the best estimat8 ofth• amount rety*•d to s•ttyo the bm￿IaryaSsBts Thilh histOTiC. artstic, scientific. technological. geophyg¢al or en¥irTr)mental qual￿eS thatare held and rnaintained priTr¢ipally for theIr¢￿inbUtN￿ to kno*d9e and cu￿￿. The depreciath￿ rates and Meth(￿ts used as disclosed in Th)te 16. Herlt•9e assets They are valued al cost Flxed asset lnYastrr￿ts in qI￿ted shwts, traded borKls and imitsbnents are valuéd at initialtyat ¢osl and subsequenuy atfair ￿￿e (their market valuel at Ihe ￿ar end. The same treatment 1$ awied to tsnlisted inveslrnents Un￿$$ fair yaue Cannot be measwed reliaL4y in thich case it is Measu￿ al ftht Inv•Btments vestments held for resak or [￿d1￿j Iheir sale and ¢ash and cash •quNalents wilh a maDJrity date ol kn than 1 are trealed as current a55èt Imiesb*Onts Stock$ and work In progresB Slocks held for as partol non