| Trustees' AnnualReportfor the | Trustees' AnnualReportfor the | Trustees' AnnualReportfor the | period | ||||
|---|---|---|---|---|---|---|---|
| From | Period start date | To | )eriod | end date | |||
| Day | lVonth | Year | )ay | Month | Year | ||
| 1 | November | 2023 | 31 October | 2024 |
| ress | RunwellVillageHall | ||
|---|---|---|---|
| ChurchEnd Lane | |||
| RunwellWickfordEssex | |||
| PostcodeSS117JE | |||
| Namesof the charity | trusteeswhomanagethecharity | ||
| rusteename HannahWoods StephenPhillips PhillippaLogan JessicaDalby |
Office (ifany) Chairperson Treasurer Secretary |
Trusteename CarolinePrior Louise Calabritto AmandaCampbell Michaela Gormley-Walker |
Office (ifany) |
| Beverley Feasey | |||
| GemmaMuir |
| Typeofgoverning document | The organisationisa charitablecompanylimited by guarantee, |
|---|---|
| soRP1.25 | incorporatedon231212011and as a registeredcharity on9/1212011 |
| Howthecharity is constitutedSORP 1.25 |
lThecompany was established underaMemorandum and Articles which lestablishedtheobjects,powers and governanceof thecharitable |
| company. | |
| Trusteeselection methods SORP 1.25 |
Annuallyelected at AGM eachyear |
| Additionalgovernance issues |
| Brief statement ofthe | TheTrusteesaimtomaintain reservestoallowfor6month's tradingifgrants |
|---|---|
| charity'spolicy onreserves | ceased |
| SORPRef1.22 | |
| Detailsofanyfundsmaterially | None |
| indeficitSORP1.24 |
| Charity Name: Runwell | Charity Name: Runwell | Village Pre-School | Chariiy | No | ||||
|---|---|---|---|---|---|---|---|---|
| 1144996 | ||||||||
| Annualaccounts for | the | eriod | ||||||
| 4u11t2023 | 31t14/2024 | |||||||
| Restricted | ||||||||
| Recommended categories byactivity |
Details of own analysis |
Unrestricted funds |
income funds |
Endowment funds |
Yearto Yearto 31110t2431110123 |
|||
| € | €E | t | ||||||
| lncoming resources(Note | F01 | F02 | F03 | F04 | ||||
| lncoming resources from | ||||||||
| generatedfunds | ||||||||
| Donations and Legacies | ||||||||
| lncoming resources from | ||||||||
| charitable activities | 14,312 | 14,312 | ||||||
| Activities for generatingfunds | ||||||||
| lnvestment income | ||||||||
| Otherincoming resources | ||||||||
| Totalincomingresources | ||||||||
| Resourcesexpended(Notes4-8 | ||||||||
| Costs ofGeneratingFunds | ||||||||
| Fundraising trading costs | ||||||||
| Costs of generatingvoluntary | ||||||||
| income | ||||||||
| Charitableactivities | ||||||||
| lnvestmentmanagemenl costs | ||||||||
| Governancecosts | ||||||||
| Year End 31stOctober | ||||||||
| 2023 | ||||||||
| Total resources expended | 92,951 | |||||||
| Netincoming/(o utgoing)resourcesbefore | ||||||||
| transfers | ||||||||
| Grosstransfersbetweenfunds | ||||||||
| Netincom ingl(o utgoing)resources before | ||||||||
| otherrecognisedgainsl(losses) | ||||||||
| Otherrecognisedgains/(losses) | ||||||||
| Gains and lossesonrevaluation of fixed assets | ||||||||
| for the charity'sownuse | ||||||||
| Gains and lossesoninvestment assets | ||||||||
| Netmovement | infunds | 10,114 |
| Unrestricted | tncome | Endowment | Yearto | Yearto |
|---|---|---|---|---|
| funds f |
funds € |
funds t€t |
3'1110124 | 31110123 |
| 414 | 414 | 3,743 | ||
| lv,uv., | l9,uv5 | lu,o44 | ||
| l9,5Ur | l9,b0l | 22,361 |
| Recognition ot incoming | These are included in the StatementofFinancial Activities (SoFA) when: |
|---|---|
| resoulces | . the charitv becomes entitled totheresources; |
| . the trustees are virtually certain they will receive the resources; and |
|
| . the monetary value can be measured with sufficient reliability. |
|
| Offsetting | There has been no offsetting of assets and liabllities, or income and expenses, unless required or permittedbytheFRS 102 SORP or FRS102. |
| Grants and donations | Granls and donations are only included in the SoFA when the general income recognition criteria are met (5.10to5.12 FRS102 SORP). |
| ln the case of performance related grants, income must only be recognised to the extent that | |
| the charity has provided the speciried goods or services as entitlement to the grantonly | |
| occurs whentheperformance related conditions are met (5.16 FRS 102 SORP). | |
| Legacies are included in the SOFAwhenreceipt is probable, thatis,when there has been | |
| Legacies | grant of probate, the executors have established that there are sulficient assets in the estate and anycondilionsattachedtothelegacy are either within the contro! of the charity or have |
| been met. | |
| Governmenl grants | The charily has received government grants in the reporting period |
| Gift Aid receivable is included in income when there isavalid declaration from the donor. | |
| Tax reclaims on donations | Any Gift Aidamounlrecovered onadonationisconsidered to be part of that gift andis |
| andgifts | lreatedas an addition to the samefundasthe initial donation unless the donor or theterms |
| of the appeal have specified otherwise. | |
| YearEnd31st October2023 | Thisisonly includedlnthe SoFA once the charity has providedtherelated goods or services or mettheperformance related condilions. |
| Donated goods | Donated goods are measured at fairvalue(the amountforwhich the asset couldbe exchanged) unless impractical to doso. |
| The cost of any stock of goods donated for distribution to beneficiariesisdeemedtobe the | |
| fair value of those giftsatthe timeofiheirreceipt and they are recognised onreceipt.lnthe | |
| reporting period in which the stocks are distributed, they are recognised as an expenseatthe | |
| carrying amount of the stocks at distribution. | |
| Donated goods for resale are measuredatfair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in,lncomefrom |
|
| other tradingactivities'withthe corresponding stock recognisedinthe balancesheet.Onits | |
| sale the value of stockischargedagainst'lncomefrom other trading activities' andthe | |
| proceeds from sale are also recognised as 'lncome from other trading actlvities'. | |
| Goods donated for on-going usebythe charity are recognisedastangible fixed assets and | |
| included in the SoFA as incoming resources when receivable. | |
| Gifls in kind for usebythe charity are includedinthe SoFA as incomefromdonations when | |
| receivable. | |
| Donated services and | Donated services and facilities are includedinthe SOFA when received at the value of the |
| facilities | gift to the charity provided the value of the gift can be measured reliably. |
| DonatedseNicesand facilitiesthatare consumed immediately are recognised as income | |
| with an equivalent amount recognised as an expense under the appropriate heading in the | |
| SOFA. | |
| Supportcosts | The charity has incurred expenditure on support costs. |
| Volunteer help | Thevalueof any voluntary help received is not included in the accounts butisdescribedin the trustees'annualreport. |
| lncome from interest, | This is included in the accounts when receipt is probable and the amount receivable canbe |
| royalties and dividends | measured reliably. |
| lncome from membership | Membership subscnptions receivedinthenature of a gift are recognised in Donations and |
| subscriptions | Legacies. |
| Membership subscriptions which gives a member the rightlobuyservices or other benefits | |
| are recognisedasincome earned from the provislonofgoods and servicesasincome from | |
| charitable actlvities. | |
| Settlementofinsurance claims |
lnsurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are includedasan item ofolherincome in the SoFA. |
| lnvestment gains and losses | This includes any realised or unrealised gains or losses on the saleofinvestmentsandany gain or loss resultinglromrevaluing investmentstomarket valueatthe end of the year. |
| Liabilities are recognised where it is morelikelythannotthat there is a legal or constructive | |
|---|---|
| Liability recognition | obligation committing the charity to pay out resources and the amountofthe obligationcanbe |
| measured with reasonable cedainty. | |
| Governanceandsupport | Support costs have been allocated between governance costs and othersupport.Governance |
| costs | costs comprise all costs involving public accountabilityofthe charity and its compliance with |
| regulation and good practice. | |
| Support costs include central functions and have been allocated to activity cost categories ona | |
| basis consistent with the use of resources, eg allocating property costsbyfloorareas,orper | |
| capita, staff costsbythe time spent and other costsbytheir usage. | |
| Grantswithperformance | Where the charity givesagrant with conditions for its payment being a specific level of service |
| conditions | or output to be provided, such grants are only recognisedinthe SoFA once the recipient of the |
| grant has provided the specified seryice or output. | |
| Grants payablewithout | Where there are no conditions attachingtothe grant that enables the donor charity to |
| performanceconditions | realistically avoid the commitmenl, a liability for the full funding obligation must be recognised. |
| Redundancycost | The charity made no redundancy payments during the reporting period. |
| Deferred income | No material item of deferred income has been includedinthe accounts. |
| Crediiors | The charity has creditors which are measured at settlement amounts less any trade discounts |
| Provisionsfor liabilities | A liability is measured on recognition at its historicalcostand then subsequently measured at the best estimate of the amount required to settle the obligationatthe reporting date |
| The charity accountsforbasicfinancialinstruments on initial recognition as per paragraph10.7 | |
| Basicfinancial instruments | FRS102SORP. Subsequentmeasurementisasperparagraphs't 1.17to11.19, FRS102 |
| SORP, | |
| 2.4ASSETS | |
| Tangiblefixedassetsforuse | These are capitalisedifthey can be used for more than one year, and cost at least |
| bycharity | |
| Theyarevaluedatcost. | |
| The depreciation rates and methods used are disclosedinnote14. | |
| The charity has intangible fixed assets, that is, non-monetary assets that do not have physical | |
| lntangible fixedassets | substance but are identifiable and are controlledbythe charity through custody or legal rights. |
| The amortisation rates and methods used are disclosedinnote15. | |
| They are valued atcost. | |
| The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, | |
| Heritage assets | technological, geophysical or environmental qualities that are held and maintained principally for their coniribution to knowledge and culture. The depreciation rates and methods usedas |
| disclosed in note16. | |
| Theyarevalued atcost. | |
| Fixed asset investments in quoted shares, traded bonds and similar investments arevaluedat | |
| lnvestments | initiallyatcost and subsequentlyatfair value (their market value)atthe yearend.Thesame treatmentisapplied to unlisted investments unless fair value cannot be measured reliablyin |
| which case itismeasuredatcost less impairment. |
| lncomingresources may be | furtheranalysedifthiswouldhelpthe | readerofthe | accounts. | |
|---|---|---|---|---|
| Yearto | Yearto | |||
| 31110t24 | 31t10123 | |||
| Ana | € | € | ||
| Donations andLegacies | Nursery Grant | 74,752 | 68,985 | |
| Milk Refund WFRU | 110 | 119 | ||
| Donations | 8 | 326 | ||
| Emolovers Nl Allowance | ||||
| HMRC SMP ReclaimDue | ||||
| NlCompensationonSMP | ||||
| Extended Services-Lunch Club | ||||
| Miscellaneous lncome | ||||
| Total | 74,870 | 69,430 | ||
| Activities forgenerating funds |
XmasEvents Lunch Club |
1,669 3,548 |
2.134 2,457 |
|
| MessvPlay | ||||
| EndofTerm Concert | 180 | 557 | ||
| Binqo | 563 | |||
| Snacks | 3,096 | 2,096 | ||
| Fun Dav | 1,986 | 1.312 | ||
| Iotterv | 473 | 217 | ||
| Easv Fundraisinq | 54 | 44 | ||
| FathersDav | 69 | 44 | ||
| MothersDav | 111 | 64 | ||
| Photoqraphs | 430 | 135 | ||
| SoonsoredWalk | 179 | 446 | ||
| Baqs2School | 20 | 110 | ||
| Miscellaneous Fundraisinq | 64 | 225 | ||
| Barlevlands | 81 | |||
| SponsoredBowl | 692 | |||
| Uniforms | 1.085 | 386 | ||
| Total | 13,731 | Iu,/vu | ||
| lncomefrominvestments: | lntereston Savings Account | 105 | 71 | |
| Total | 105 | 71 | ||
| Gharitable activities: | ParentsFees | 14.312 | 9.216 | |
| Extended Services | ||||
| Tota | 14,312 | 9.216 | ||
| Analysis of Voluntary income | 31t10t2024 | 31t10t2023 | ||
| Government Body | 74,75268,985 | |||
| Corporate | ||||
| Charitable | ||||
| lndividual | ||||
| 74,752168,985 |
| Analysi | s ofr | eso | urces expended | ||||
|---|---|---|---|---|---|---|---|
| Yearto | Yearto | ||||||
| 31t10t24 | 31110t23 | ||||||
| IEr !v vr |
9l lEa-+^- IEqvrvt LYEt |
V\,I tt |
ll,(il | LD | |||
| - - lY*^^ E. t,\rrrqg LvvtttJ JQ^++Dr^ tvvrr r tqY Itr,,^ h^. tt vtt vav |
441 220 |
139 220 |
|||||
| la^^^r-^ | 315 | ||||||
| Elar,li- | 759 | ||||||
| Qna-l^ h: v |
Jvr 19 uqy Da'+.,*^^ I srrYtttqtt |
Yv\rllu | 12 | ||||
| Ea+}.^-^ h t sfr rgt o uoY I\r;^^^il ^^ |
43 | ||||||
| ,^+l^ rvrvrr rsr g uay Dr,^+^^-^ rIrvtv!,lt ql/t tD Q^L^^l T-i^ vvr rvvrIItlJ-(xEt l lhif^--^ |
tlet | [irlntnenl | r I I |
55 63 587 |
265 78 339 |
||
| 796 | 665 | ||||||
| Total | 3,365 | 1, |
| ease completethisn upport cosfs. |
oteifthecha | rityhas | analysedifs | expense | susingactivitycategor | iesandhas |
|---|---|---|---|---|---|---|
| Suooort cost tvoe | Fundraising t |
activity | Charitable f |
Activity | GovernanceActivity € |
Total Cost E |
| Total |
| Yearto31110124 | Yearto31110123 | ||
|---|---|---|---|
| Numberof trustees who were paidexpenses | None | None | |
| None | None | ||
| Natureof the expenses | |||
| Total amount paid | € | ||
| Yearto31110124 | Yearto31110123 | ||
| € | € | ||
| lndependent examiner's orauditors'feesfor reportingon the | |||
| accounts | 468 | 468 | |
| Otherfees (for example: advice, consultancy, accountancy | |||
| services) paid totheindependent examiner orauditor |
| 7.1Staff Costs | ||||||
|---|---|---|---|---|---|---|
| Yearto | Yearto | |||||
| 31t10t24 | 31110123 | |||||
| E | E | |||||
| Gross wages, salaries and benefitsinkind | 86,812 | 83,000 | ||||
| Employer's National lnsurance costs | 2,101 | 1,956 | ||||
| Less EmployersNlAllowance | _ | 2,101 | 1,956 | |||
| Employer Gompensation onSMP | ||||||
| EmployerSMP Rebate | 2,349 | 4,158 | ||||
| Pensioncosts | 1,049 | 902 | ||||
| Totalstaff costs | 85,512 | 79,744 | ||||
| Yearto | Yearto | |||||
| 7.2Averagenumber offull-timeequivalent | employeesinthe year | 31t10124 | 31tlot23 | |||
| Number | Number | |||||
| Theparts of thecharityinwhichthe | t;ritir | :-' | .ll: | |||
| employeeswork | 1i:,:tf i:r:it:: | ill{\i | 11 | 10 | ||
| :r{:i' | ||||||
| Total | 11 | 10 |
| Note9 9.1Costorvaluation |
Tangible | fixedassets | ||||
|---|---|---|---|---|---|---|
| During the | Other land& | Plant, | Equipment | Paymentson | Total | |
| yearthe | buildings | machinery and | accountand | |||
| charityhada | motor vehicles | assets under | ||||
| totalincome | construction | |||||
| ^3Cn,lt/la f |
€ | E | € | f | ||
| Balance brought | 1,319 | 5,230 | 6,549 | |||
| forward | ||||||
| Additions | ||||||
| Balance carried | 1,319 | 83,050 | 5,230 | 6,549 | ||
| foruvard | ||||||
| 9.2Accumulated depreciation and | impairment provisions | |||||
| **Basis | SLorRB | SLorRB | SL orRB | SL | SLorRB | |
| **Rate | 25.00% | |||||
| Balance brought | 1,124 | 4,962 | 6,086 | |||
| forward | ||||||
| Depreciation charge | 195 | 268 | 463 | |||
| forperiod | ||||||
| Balance carried | 1,319 | 5,230 | 6,549 | |||
| forward | ||||||
| 9.3 Netbook value | ||||||
| Brought fonvard | ||||||
| Carriedfonruard | ||||||
| 9.4Revaluation |
| Note11 Debtors and p |
repayments | ||||
|---|---|---|---|---|---|
| Analysis of debtors | Amounts within |
fallingdue oneyear |
Amountsfallingdueafter morethanoneyear |
||
| Yearto | Yearto | Yearto | Yearto | ||
| 31110t24 | 3'.U10123 | 31110124 | 31t10123 | ||
| t | f | I | g | ||
| SMPReclaim duefromHMRC | 3,296 | ||||
| lnsurance Prepayment | 414 | 457 | |||
| Total | 414 | 3,t43 |
| Greditors and Note12 12.1 Analysisof creditors |
accruals | |||||
|---|---|---|---|---|---|---|
| Amounts | falling | due | Amountsfallingdueafter | |||
| within | oneyear | morethan | oneyear | |||
| Yearto | Yearto | Yearto | Yearto | |||
| 31110t24 | 31t10t23 | 31110124 | 31t10123 | |||
| E | € | € | t | |||
| Tradecreditors | 468 | 468 | ||||
| RentAccrual | 1,096 | 2,240 | ||||
| SalariesDue | ||||||
| PensionPaymentDue | 239 | 64 | ||||
| Accrualsanddeferred income | 6,456 | 9,501 | ||||
| Total | 8,249 | 12,213 |
| balances | ||||||
|---|---|---|---|---|---|---|
| balances brought forward E |
lncoming resources E |
Outgoing resources € |
Transfers t |
Gainsand losses f |
carried forward f, |
|
| 10.114 | ||||||
| 11,258 | ||||||
| TotalFunds | 10,114 |
| Amountspaid | Amountspaid | orbenefit value | orbenefit value | |||
|---|---|---|---|---|---|---|
| Nameof trustee or connected party | Legalauthority(egorder, governingdocument) |
Yearto | 31110124 | Yearto | 31110123 | |
| I | f | |||||
| None | None | |||||
| 14.2Loans | ||||||
| Amount owing | ||||||
| Nameof trusteeor connected party |
Legalauthority | Yearto | 31110124 | Yearto | 3'1110123 | |
| € | E | |||||
| Duetotrusteesand | None | None | ||||
| related parties | ||||||
| Duefromtrustees | None | None | ||||
| andrelated parties | ||||||
| Nameof the trustee | Relationshipto | Description of the | Yearto3'll10l24 | Yearto31110123 | ||
| orrelatedpartv | charitv | transaction(s) | E | f, | ||
| None | None |