# 

# 



||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<br>HannahWoods<br>StephenPhillips<br>PhillippaLogan<br>JessicaDalby|Office (ifany)<br>Chairperson<br>Treasurer<br>Secretary|Trusteename<br>CarolinePrior<br>Louise Calabritto<br>AmandaCampbell<br>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<br>1.25|lThecompany was established underaMemorandum and Articles which<br>lestablishedtheobjects,powers and governanceof thecharitable|
||company.|
|Trusteeselection methods SORP<br>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<br>categories byactivity|Details of own<br>analysis||Unrestricted<br>funds|income<br>funds|Endowment<br>funds||Yearto<br>Yearto<br>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<br>f|funds<br>€|funds<br>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|.<br>the charitv becomes entitled totheresources;|
||.<br>the trustees are virtually certain they will receive the resources; and|
||.<br>the monetary value can be measured with sufficient reliability.|
|Offsetting|There has been no offsetting of assets and liabllities, or income and expenses, unless<br>required or permittedbytheFRS 102 SORP or FRS102.|
|Grants and donations|Granls and donations are only included in the SoFA when the general income recognition<br>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<br>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<br>or mettheperformance related condilions.|
|Donated goods|Donated goods are measured at fairvalue(the amountforwhich the asset couldbe<br>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<br>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<br>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<br>claims|lnsurance claims are only included in the SoFA when the general income recognition criteria<br>are met (5.10 to 5.12 FRS102 SORP) and are includedasan item ofolherincome in the<br>SoFA.|
|lnvestment gains and losses|This includes any realised or unrealised gains or losses on the saleofinvestmentsandany<br>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<br>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<br>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<br>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<br>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<br>funds|XmasEvents<br>Lunch Club||1,669<br>3,548|2.134<br>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<br>vr<br>| 9l<br>lEa-+^-<br>IEqvrvt<br>LYEt|||| V\,I<br> <br>tt|ll,(il|LD|||74||
|-<br>-<br>lY*^^<br>E.<br>t,\rrrqg<br>LvvtttJ<br>JQ^++Dr^<br>tvvrr<br>r tqY<br>Itr,,^ h^.<br>tt vtt<br>vav||||||441<br>220|139<br>220|
|la^^^r-^||||||315||
|Elar,li-||||||759||
|Qna-l^<br>h:<br>v|Jvr 19 uqy<br>Da'+.,*^^<br>I srrYtttqtt|Yv\rllu|||||12|21|
|Ea+}.^-^<br>h<br>t sfr rgt o uoY<br>I\r;^^^il ^^||||||43||
|,^+l^<br>rvrvrr rsr g uay<br>Dr,^+^^-^<br>rIrvtv!,lt ql/t tD<br>Q^L^^l<br>T-i^<br>vvr rvvrIItlJ-(xEt<br>l lhif^--^||tlet|[irlntnenl||r<br>I<br>I|55<br>63<br>587|265<br>78<br>339|
|||||||796|665|
|||||Total||3,365|1,|



## 



## 

## 

|ease completethisn<br>upport cosfs.|oteifthecha|rityhas|analysedifs|expense|susingactivitycategor|iesandhas|
|---|---|---|---|---|---|---|
|Suooort cost tvoe|Fundraising<br>t|activity|Charitable<br>f|Activity|GovernanceActivity<br>€|Total Cost<br>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<br>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<br>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<br>Debtors and p|repayments|||||
|---|---|---|---|---|---|
|Analysis of debtors||Amounts<br>within|fallingdue<br> oneyear|Amountsfallingdueafter<br>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<br>Note12<br>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<br>brought<br>forward<br>E|lncoming<br>resources<br>E|Outgoing<br>resources<br>€|Transfers<br>t|Gainsand<br>losses<br>f|carried<br>forward<br>f,|
||10.114||||||
|||||||11,258|
|TotalFunds|10,114||||||





## 

## 

||||Amountspaid|Amountspaid|orbenefit value|orbenefit value|
|---|---|---|---|---|---|---|
|Nameof trustee or connected party||Legalauthority(egorder,<br>governingdocument)|Yearto|31110124|Yearto|31110123|
||||I|||f|
||||None||None||
|14.2Loans|||||||
|||||Amount owing|||
||Nameof trusteeor<br>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||