DocuSign Envelope ID: 9AF2C427-5366-468C-A55A-28B8089909E4
Trustees' Annual Report for the period
Period start date Period end date 01 09 2021 31 08 2022 To
From
Section A Reference and administration details
Charity name Other names charity is known by
Trinket Box Pre-School Ltd
Registered charity number (if any) 1145468
Charity's principal address c/o Thorpe Greenways Schools Greenways Southend on Sea Essex Postcode SS1 3BS
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Mrs B Perry | Committee/Trinket Box Members at AGM |
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| Mrs G Samuels | Committee/Trinket Box Members at AGM |
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| Mrs S Irvin | Committee/Trinket Box Members at AGM |
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| Mrs H Wright | Secretary | Committee/Trinket Box Members at AGM |
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| Mrs K Durritt | Committee/Trinket Box Members at AGM |
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| Mr K Lockhart | Chair | Committee/Trinket Box Members at AGM |
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| Mrs J S Byers | Resigned 21/06/22 | Committee/Trinket Box Members at AGM |
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| Mr A Robinson | Treasurer | Committee/Trinket Box Members atAGM |
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| Mrs N Baker | Committee/Trinket Box Members atAGM |
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| Miss S L Campbell | Committee/Trinket Box Members atAGM |
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| Mrs S M Rivers | Appointed 21/06/22 | Committee/Trinket Box Members atAGM |
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DocuSign Envelope ID: 9AF2C427-5366-468C-A55A-28B8089909E4
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
Trust Deed (Articles of Association)
- (eg. trust deed, constitution)
How the charity is constituted
Limited Company
- (eg.trust, association, company)
Elected and appointed Trustee selection methods
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant about:
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
The charity recruits and appoints new committee members from the school community, the committee has adopted procedures to ensure the suitability of the candidates. Appropriate training is given to develop their awareness of the charities aims and objectives together with an awareness of child safeguarding. In regards to risk management the trustees have a duty to identify the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
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Section C Objectives and activities
To enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide Summary of the objects of the the needs of their children through community groups and by offering charity set out in its appropriate play, education and care facilities. By offering family learning governing document and extended group hours to allow parents to have the option of returning to work if required. We also adhere to and further the aims of the Early Years Alliance.
Summary of the main The Charity operates a pre-school which is open to all the children from activities undertaken for the the community between the ages of 2 and 5 years. The pre-school public benefit in relation to actively engages with the children’s parents and carers through regular these objects (include within communication and feedback on their child’s development and progress. this section the statutory Income received is reinvested in the pre-school to improve the facilities, declaration that trustees have resources and outcomes for the children. had regard to the guidance issued by the Charity Commission on public benefit)
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Additional details of objectives and activities (Optional information)
You may choose to include We applied for some grants to help to improve the quality of our provision further statements, where and ultimately to meet the needs of the children attending. This was to relevant about: redesign and equip a sensory area for the children and to adapt a shed policy on grant making; into a meeting room for parents/staff room. We therefore received £9410 from grants.
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policy programme related We also received a CAF payment of £150 from KPMG. investment;
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contribution made by volunteers.
Section D Achievements and performance
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Section D Achievements and erformance p
Summary of the main achievements of the charity during the year
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The charity has carried out fund raising events including: ‘Presents under the tree fundraiser’ at Christmas Photography Events (commission based) Virtual Christmas Bazaar Bag2school recycling scheme Raffle Adventure Island ticket fundraising scheme
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Lottery School leavers t-shirts AmazonSmile fundraising scheme
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Easyfundraising scheme
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Stikins labels (commission)
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Staff member ran Southend Half Marathon to raise £1100
The pre-school has pooled the fundraising with the grants detailed in Section C to further enhance the sensory area for the children. Since the pandemic some of the children’s needs have changed and anxiety and sensory needs have risen. We felt that our existing staff area could be made into a wonderful sensory area for the children. The staff area was relocated to a converted shed which also doubles up as a private meeting room when conducting meetings and speaking to parents and professionals. We have also purchased new resources to replace some ‘well loved’ ones. We have also bought new resources to support speech and language development as this too is lacking in some children since the pandemic. The pre-school continued to enhance the children’s learning by having educational visitors such as Tinytales Storytellers, JKG Karate, Incredible Eggs and HM Coastguards.
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DocuSign Envelope ID: 9AF2C427-5366-468C-A55A-28B8089909E4
Section E Financial review
Brief statement of the charity’s policy on reserves
The committee retain sufficient reserves to protect the charity from fluctuation in incoming resources. The reserves held equates to at least 3 months operating costs.
Details of any funds materially in deficit
There are no funds in deficit.
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
the charity’s principal sources of funds (including any fundraising); how expenditure has supported the key objectives of the charity; investment policy and objectives including any ethical investment policy adopted.
The charities principal source of funds is from the local government for children who attend that are in receipt of ‘Free Nursery Provision’. Parents also have the option to pay for sessions if they are not in receipt of funding and anyone can purchase additional sessions or lengthen the school day by paying a wrap around fee.
The charity operates various fundraising activities throughout the year. The charity has a monthly income and expenditure plan. This ensures all operating costs are controlled and allows expenditure for the children’s resources to grow to cater for the current cohort’s needs.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) ANDREW ROBINSON Full name(s) KEVIN LOCKHART Position (eg Secretary, CHAIR TREASURER Chair, etc) Date 6/14/2023
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REGISTERED COMPANY NUMBER: 07767384 (England and Wales) REGISTERED CHARITY NUMBER: 1145468
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
FOR
TRINKET BOX PRE SCHOOL LIMITED (A COMPANY LIMITED BY GUARANTEE)
Lescott Limited Chartered Certified Accountant 10 Station Court Station Approach Wickford Essex SS11 7AT
TRINKET BOX PRE SCHOOL LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Statement of Financial Position | 5 | ||
| Notes to the Financial Statements | 6 | to | 11 |
| Detailed Statement of Financial Activities | 12 | to | 13 |
TRINKET BOX PRE SCHOOL LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by: (A) offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability. (B) encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas. (C) instigating and adhering to and furthering the aims and objects of the pre-school learning alliance.
Significant activities
The charity operates a pre school which is open to all the children from the community between the ages of 2-5 years. The pre school actively engages with the children's' parents and carers through regular communication and feedback on their child's development and progress. Income received is reinvested in the pre school to improve the facilities and resources for the children.
Public benefit
The Trustees confirm that they have had regard to the public benefit of the Charity's activities and have achieved these through the increased places available to children within the geographical location of the Charity.
Volunteers
The charity encourages the involvement of parents which can take the form of committee membership or fundraising activities.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity has increased it's intake of children which in turn has meant it has been able to employ more staff.The good reputation of the charity has assisted in this and as the charity has grown, this has benefited the community by there being less parents awaiting a pre school place for their children.
FINANCIAL REVIEW
Principal funding sources
The principle funding source continues to be from the local authority by way of funding for childcare places.
Reserves policy
The Trustees retain sufficient reserves to protect the charity from fluctuations in incoming resources.The reserves provide at least three months operating costs.
Funds in deficit
There are no funds in deficit.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
The charity recruits and appoints new trustees from the local community with involvement in the school. The board has adopted procedures to ensure an appropriate mix of gender and race.Appropriate training is given to develop awareness of the charities aims and objectives.
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TRINKET BOX PRE SCHOOL LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
07767384 (England and Wales)
Registered Charity number 1145468
Registered office
Thorpe Greenways Schools Greenways Southend on Sea Essex SS1 3BS
Trustees
Mrs B Perry (resigned 16.11.22) Mrs G Samuels (resigned 15.11.22) Mrs S A Blake Mrs K Durritt K D Lockhart Mrs J S Byers (resigned 21.6.22) Mrs H Wright A Robinson Ms S L Campbell Mrs N L Baker Mrs S M Rivers (appointed 21.6.22)
The Trustees have had due regard to guidance published by by the Charity Commission in England and Wales with reference to the activities of the Charity and the public benefit thereof.
Company Secretary
Mrs H Wright
Independent Examiner
S W Lescott FCCA Lescott Limited Chartered Certified Accountant 10 Station Court Station Approach Wickford Essex SS11 7AT
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 28 February 2023 and signed on its behalf by:
A Robinson - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRINKET BOX PRE SCHOOL LIMITED
Independent examiner's report to the trustees of Trinket Box Pre School Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of FCCA which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
S W Lescott FCCA Lescott Limited Chartered Certified Accountant 10 Station Court Station Approach Wickford Essex SS11 7AT
1 March 2023
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TRINKET BOX PRE SCHOOL LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 9,610 Charitable activities Charitable Activities 288,259 Other trading activities 2 5,085 Investment income 3 31 Total 302,985 EXPENDITURE ON Charitable activities Charitable Activities 301,370 NET INCOME/(EXPENDITURE) 1,615 RECONCILIATION OF FUNDS Total funds brought forward 181,180 TOTAL FUNDS CARRIED FORWARD 182,795 |
Restricted fund £ - - - - - - - - - |
2022 Total funds £ 9,610 288,259 5,085 31 302,985 301,370 1,615 181,180 182,795 |
2021 Total funds £ 250 268,922 2,245 8 271,425 293,475 (22,050) 203,230 181,180 |
|---|---|---|---|
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
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TRINKET BOX PRE SCHOOL LIMITED
STATEMENT OF FINANCIAL POSITION 31 AUGUST 2022
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 9 11,817 CURRENT ASSETS Debtors 10 - Cash at bank 175,312 175,312 CREDITORS Amounts falling due within one year 11 (4,334) NET CURRENT ASSETS 170,978 TOTAL ASSETS LESS CURRENT LIABILITIES 182,795 NET ASSETS 182,795 FUNDS 12 Unrestricted funds TOTAL FUNDS |
Restricted fund £ - - - - - - - - |
2022 Total funds £ 11,817 - 175,312 175,312 (4,334) 170,978 182,795 182,795 182,795 182,795 |
2021 Total funds £ 4,127 762 181,020 181,782 (4,729) 177,053 181,180 181,180 181,180 181,180 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 28 February 2023 and were signed on its behalf by:
A Robinson - Trustee
The notes form part of these financial statements
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TRINKET BOX PRE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost Computer equipment - 33% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
The Trustees reviewed the funds applicable to the Charity and decided that having reference to the Governing document and constitution, there were no specific items within the restricted funds that were not capable of being applied for day to day purposes. Accordingly the restricted fund was reclassified as unrestricted.
Currently there are no restricted funds.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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continued...
TRINKET BOX PRE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022
1. ACCOUNTING POLICIES - continued
Going concern
The Charity has been impacted by the effects of the coronavirus (COVID-19) pandemic. The effects of the pandemic are wide ranging and cannot be determined with accuracy as it still is ongoing at the date of approval of the financial statements and therefore represents an uncertainty.
The trustees have considered in detail the possible effects on the company of the coronavirus (COVID-19) outbreak and taking into account a period exceeding 12 months from the date of approval of these financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and for this reason will continue to adopt the going concern basis in the preparation of the financial statements.
2. OTHER TRADING ACTIVITIES
3.
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Fundraising events | 4,950 | 1,485 |
| Other income | 135 | 760 |
| 5,085 | 2,245 | |
| INVESTMENT INCOME | ||
| 2022 | 2021 | |
| £ | £ | |
| Deposit account interest | 31 | 8 |
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 5,303 | 3,384 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021.
continued...
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TRINKET BOX PRE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Management Assistants There were no members of staff earning in excess of £60,000 during the year. 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 250 Charitable activities Charitable Activities 268,922 Other trading activities 2,245 Investment income 8 Total 271,425 EXPENDITURE ON Charitable activities Charitable Activities 293,475 NET INCOME/(EXPENDITURE) (22,050) RECONCILIATION OF FUNDS Total funds brought forward 203,230 TOTAL FUNDS CARRIED FORWARD 181,180 |
2022 3 17 20 Restricted fund £ - - - - - - - - - |
2021 3 15 18 Total funds £ 250 268,922 2,245 8 271,425 293,475 (22,050) 203,230 181,180 |
|---|---|---|
8. INDEPENDENT EXAMINERS FEES
The remuneration including expenses of the Independent Examiner was £2,016.
continued...
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TRINKET BOX PRE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022
9. TANGIBLE FIXED ASSETS
| Fixtures Plant and and machinery fittings £ £ COST At 1 September 2021 27,064 - Additions - 12,993 At 31 August 2022 27,064 12,993 DEPRECIATION At 1 September 2021 22,958 - Charge for year 2,696 2,586 At 31 August 2022 25,654 2,586 NET BOOK VALUE At 31 August 2022 1,410 10,407 At 31 August 2021 4,106 - 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments and accrued income 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Social security and other taxes Accruals and deferred income 12. MOVEMENT IN FUNDS At 1.9.21 £ Unrestricted funds General fund 181,180 TOTAL FUNDS 181,180 |
Computer equipment £ 2,084 - 2,084 2,063 21 2,084 - 21 2022 £ - 2022 £ 2,318 2,016 4,334 Net movement in funds £ 1,615 1,615 |
Totals £ 29,148 12,993 42,141 25,021 5,303 30,324 11,817 4,127 2021 £ 762 2021 £ 2,713 2,016 4,729 At 31.8.22 £ 182,795 |
Totals £ 29,148 12,993 |
Totals £ 29,148 12,993 |
|---|---|---|---|---|
| 42,141 | ||||
| 25,021 5,303 |
||||
| 30,324 | ||||
| 11,817 | ||||
| 4,127 | ||||
| 2021 £ 762 |
||||
| 2021 £ 2,713 2,016 |
||||
| 4,729 | ||||
| 182,795 |
continued...
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TRINKET BOX PRE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 302,985 TOTAL FUNDS 302,985 Comparatives for movement in funds At 1.9.20 £ Unrestricted funds General fund 203,230 TOTAL FUNDS 203,230 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 271,425 TOTAL FUNDS 271,425 |
Resources Movement expended in funds £ £ (301,370) 1,615 (301,370) 1,615 Net movement At in funds 31.8.21 £ £ (22,050) 181,180 (22,050) 181,180 Resources Movement expended in funds £ £ (293,475) (22,050) (293,475) (22,050) |
Resources Movement expended in funds £ £ (301,370) 1,615 (301,370) 1,615 Net movement At in funds 31.8.21 £ £ (22,050) 181,180 (22,050) 181,180 Resources Movement expended in funds £ £ (293,475) (22,050) (293,475) (22,050) |
|---|---|---|
| (22,050) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.9.20 £ 203,230 203,230 |
Net movement in funds £ (20,435) (20,435) |
At 31.8.22 £ 182,795 |
|---|---|---|---|
| 182,795 |
continued...
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TRINKET BOX PRE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022
12. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 574,410 574,410 |
Resources Movement expended in funds £ £ (594,845) (20,435) (594,845) (20,435) |
|---|---|---|
There was only one fund type existing during the year being unrestricted funds.
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2022.
14. ULTIMATE CONTROLLING PARTY
There is no overall controlling party as the company is limited by guarantee. The value of the guarantee is £1.00 per member.
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TRINKET BOX PRE SCHOOL LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Other trading activities Fundraising events Other income Investment income Deposit account interest Charitable activities Local authority funding Direct fees Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Resources Support costs Management Office costs Rent Finance Bank charges Governance costs Sundries Accountancy and legal fees Subscriptions Carried forward |
2022 £ 200 9,410 9,610 4,950 135 5,085 31 234,943 53,316 288,259 302,985 237,764 7,182 3,162 12,898 261,006 4,756 26,950 31,706 227 13 2,266 849 3,128 |
2021 £ 250 - |
|---|---|---|
| 250 1,485 760 |
||
| 2,245 8 228,631 40,291 |
||
| 268,922 | ||
| 271,425 229,593 6,884 3,134 13,183 |
||
| 252,794 4,312 29,400 |
||
| 33,712 226 13 2,712 634 3,359 |
This page does not form part of the statutory financial statements
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TRINKET BOX PRE SCHOOL LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
| Governance costs Brought forward Plant and machinery Fixtures and fittings Computer equipment Total resources expended Net income/(expenditure) |
2022 £ 3,128 2,696 2,586 21 8,431 301,370 1,615 |
2021 £ 3,359 2,696 - 688 6,743 293,475 (22,050) |
|---|---|---|
This page does not form part of the statutory financial statements
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REGISTERED COMPANY NUMBER: 07767384 (England and Wales) REGISTERED CHARITY NUMBER: 1145468
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
FOR
TRINKET BOX PRE SCHOOL LIMITED (A COMPANY LIMITED BY GUARANTEE)
Lescott Limited Chartered Certified Accountant 10 Station Court Station Approach Wickford Essex SS11 7AT
TRINKET BOX PRE SCHOOL LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Statement of Financial Position | 5 | ||
| Notes to the Financial Statements | 6 | to | 11 |
| Detailed Statement of Financial Activities | 12 | to | 13 |
TRINKET BOX PRE SCHOOL LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by: (A) offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability. (B) encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas. (C) instigating and adhering to and furthering the aims and objects of the pre-school learning alliance.
Significant activities
The charity operates a pre school which is open to all the children from the community between the ages of 2-5 years. The pre school actively engages with the children's' parents and carers through regular communication and feedback on their child's development and progress. Income received is reinvested in the pre school to improve the facilities and resources for the children.
Public benefit
The Trustees confirm that they have had regard to the public benefit of the Charity's activities and have achieved these through the increased places available to children within the geographical location of the Charity.
Volunteers
The charity encourages the involvement of parents which can take the form of committee membership or fundraising activities.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity has increased it's intake of children which in turn has meant it has been able to employ more staff.The good reputation of the charity has assisted in this and as the charity has grown, this has benefited the community by there being less parents awaiting a pre school place for their children.
FINANCIAL REVIEW
Principal funding sources
The principle funding source continues to be from the local authority by way of funding for childcare places.
Reserves policy
The Trustees retain sufficient reserves to protect the charity from fluctuations in incoming resources.The reserves provide at least three months operating costs.
Funds in deficit
There are no funds in deficit.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
The charity recruits and appoints new trustees from the local community with involvement in the school. The board has adopted procedures to ensure an appropriate mix of gender and race.Appropriate training is given to develop awareness of the charities aims and objectives.
Page 1
TRINKET BOX PRE SCHOOL LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
07767384 (England and Wales)
Registered Charity number 1145468
Registered office
Thorpe Greenways Schools Greenways Southend on Sea Essex SS1 3BS
Trustees
Mrs B Perry (resigned 16.11.22) Mrs G Samuels (resigned 15.11.22) Mrs S A Blake Mrs K Durritt K D Lockhart Mrs J S Byers (resigned 21.6.22) Mrs H Wright A Robinson Ms S L Campbell Mrs N L Baker Mrs S M Rivers (appointed 21.6.22)
The Trustees have had due regard to guidance published by by the Charity Commission in England and Wales with reference to the activities of the Charity and the public benefit thereof.
Company Secretary
Mrs H Wright
Independent Examiner
S W Lescott FCCA Lescott Limited Chartered Certified Accountant 10 Station Court Station Approach Wickford Essex SS11 7AT
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 28 February 2023 and signed on its behalf by:
A Robinson - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRINKET BOX PRE SCHOOL LIMITED
Independent examiner's report to the trustees of Trinket Box Pre School Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of FCCA which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
S W Lescott FCCA Lescott Limited Chartered Certified Accountant 10 Station Court Station Approach Wickford Essex SS11 7AT
1 March 2023
Page 3
TRINKET BOX PRE SCHOOL LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 9,610 Charitable activities Charitable Activities 288,259 Other trading activities 2 5,085 Investment income 3 31 Total 302,985 EXPENDITURE ON Charitable activities Charitable Activities 301,370 NET INCOME/(EXPENDITURE) 1,615 RECONCILIATION OF FUNDS Total funds brought forward 181,180 TOTAL FUNDS CARRIED FORWARD 182,795 |
Restricted fund £ - - - - - - - - - |
2022 Total funds £ 9,610 288,259 5,085 31 302,985 301,370 1,615 181,180 182,795 |
2021 Total funds £ 250 268,922 2,245 8 271,425 293,475 (22,050) 203,230 181,180 |
|---|---|---|---|
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 4
TRINKET BOX PRE SCHOOL LIMITED
STATEMENT OF FINANCIAL POSITION 31 AUGUST 2022
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 9 11,817 CURRENT ASSETS Debtors 10 - Cash at bank 175,312 175,312 CREDITORS Amounts falling due within one year 11 (4,334) NET CURRENT ASSETS 170,978 TOTAL ASSETS LESS CURRENT LIABILITIES 182,795 NET ASSETS 182,795 FUNDS 12 Unrestricted funds TOTAL FUNDS |
Restricted fund £ - - - - - - - - |
2022 Total funds £ 11,817 - 175,312 175,312 (4,334) 170,978 182,795 182,795 182,795 182,795 |
2021 Total funds £ 4,127 762 181,020 181,782 (4,729) 177,053 181,180 181,180 181,180 181,180 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 28 February 2023 and were signed on its behalf by:
A Robinson - Trustee
The notes form part of these financial statements
Page 5
TRINKET BOX PRE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost Computer equipment - 33% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
The Trustees reviewed the funds applicable to the Charity and decided that having reference to the Governing document and constitution, there were no specific items within the restricted funds that were not capable of being applied for day to day purposes. Accordingly the restricted fund was reclassified as unrestricted.
Currently there are no restricted funds.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 6
continued...
TRINKET BOX PRE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022
1. ACCOUNTING POLICIES - continued
Going concern
The Charity has been impacted by the effects of the coronavirus (COVID-19) pandemic. The effects of the pandemic are wide ranging and cannot be determined with accuracy as it still is ongoing at the date of approval of the financial statements and therefore represents an uncertainty.
The trustees have considered in detail the possible effects on the company of the coronavirus (COVID-19) outbreak and taking into account a period exceeding 12 months from the date of approval of these financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and for this reason will continue to adopt the going concern basis in the preparation of the financial statements.
2. OTHER TRADING ACTIVITIES
3.
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Fundraising events | 4,950 | 1,485 |
| Other income | 135 | 760 |
| 5,085 | 2,245 | |
| INVESTMENT INCOME | ||
| 2022 | 2021 | |
| £ | £ | |
| Deposit account interest | 31 | 8 |
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 5,303 | 3,384 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021.
continued...
Page 7
TRINKET BOX PRE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Management Assistants There were no members of staff earning in excess of £60,000 during the year. 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 250 Charitable activities Charitable Activities 268,922 Other trading activities 2,245 Investment income 8 Total 271,425 EXPENDITURE ON Charitable activities Charitable Activities 293,475 NET INCOME/(EXPENDITURE) (22,050) RECONCILIATION OF FUNDS Total funds brought forward 203,230 TOTAL FUNDS CARRIED FORWARD 181,180 |
2022 3 17 20 Restricted fund £ - - - - - - - - - |
2021 3 15 18 Total funds £ 250 268,922 2,245 8 271,425 293,475 (22,050) 203,230 181,180 |
|---|---|---|
8. INDEPENDENT EXAMINERS FEES
The remuneration including expenses of the Independent Examiner was £2,016.
continued...
Page 8
TRINKET BOX PRE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022
9. TANGIBLE FIXED ASSETS
| Fixtures Plant and and machinery fittings £ £ COST At 1 September 2021 27,064 - Additions - 12,993 At 31 August 2022 27,064 12,993 DEPRECIATION At 1 September 2021 22,958 - Charge for year 2,696 2,586 At 31 August 2022 25,654 2,586 NET BOOK VALUE At 31 August 2022 1,410 10,407 At 31 August 2021 4,106 - 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments and accrued income 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Social security and other taxes Accruals and deferred income 12. MOVEMENT IN FUNDS At 1.9.21 £ Unrestricted funds General fund 181,180 TOTAL FUNDS 181,180 |
Computer equipment £ 2,084 - 2,084 2,063 21 2,084 - 21 2022 £ - 2022 £ 2,318 2,016 4,334 Net movement in funds £ 1,615 1,615 |
Totals £ 29,148 12,993 42,141 25,021 5,303 30,324 11,817 4,127 2021 £ 762 2021 £ 2,713 2,016 4,729 At 31.8.22 £ 182,795 |
Totals £ 29,148 12,993 |
Totals £ 29,148 12,993 |
|---|---|---|---|---|
| 42,141 | ||||
| 25,021 5,303 |
||||
| 30,324 | ||||
| 11,817 | ||||
| 4,127 | ||||
| 2021 £ 762 |
||||
| 2021 £ 2,713 2,016 |
||||
| 4,729 | ||||
| 182,795 |
continued...
Page 9
TRINKET BOX PRE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 302,985 TOTAL FUNDS 302,985 Comparatives for movement in funds At 1.9.20 £ Unrestricted funds General fund 203,230 TOTAL FUNDS 203,230 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 271,425 TOTAL FUNDS 271,425 |
Resources Movement expended in funds £ £ (301,370) 1,615 (301,370) 1,615 Net movement At in funds 31.8.21 £ £ (22,050) 181,180 (22,050) 181,180 Resources Movement expended in funds £ £ (293,475) (22,050) (293,475) (22,050) |
Resources Movement expended in funds £ £ (301,370) 1,615 (301,370) 1,615 Net movement At in funds 31.8.21 £ £ (22,050) 181,180 (22,050) 181,180 Resources Movement expended in funds £ £ (293,475) (22,050) (293,475) (22,050) |
|---|---|---|
| (22,050) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.9.20 £ 203,230 203,230 |
Net movement in funds £ (20,435) (20,435) |
At 31.8.22 £ 182,795 |
|---|---|---|---|
| 182,795 |
continued...
Page 10
TRINKET BOX PRE SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022
12. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 574,410 574,410 |
Resources Movement expended in funds £ £ (594,845) (20,435) (594,845) (20,435) |
|---|---|---|
There was only one fund type existing during the year being unrestricted funds.
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2022.
14. ULTIMATE CONTROLLING PARTY
There is no overall controlling party as the company is limited by guarantee. The value of the guarantee is £1.00 per member.
Page 11
TRINKET BOX PRE SCHOOL LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Other trading activities Fundraising events Other income Investment income Deposit account interest Charitable activities Local authority funding Direct fees Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Resources Support costs Management Office costs Rent Finance Bank charges Governance costs Sundries Accountancy and legal fees Subscriptions Carried forward |
2022 £ 200 9,410 9,610 4,950 135 5,085 31 234,943 53,316 288,259 302,985 237,764 7,182 3,162 12,898 261,006 4,756 26,950 31,706 227 13 2,266 849 3,128 |
2021 £ 250 - |
|---|---|---|
| 250 1,485 760 |
||
| 2,245 8 228,631 40,291 |
||
| 268,922 | ||
| 271,425 229,593 6,884 3,134 13,183 |
||
| 252,794 4,312 29,400 |
||
| 33,712 226 13 2,712 634 3,359 |
This page does not form part of the statutory financial statements
Page 12
TRINKET BOX PRE SCHOOL LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
| Governance costs Brought forward Plant and machinery Fixtures and fittings Computer equipment Total resources expended Net income/(expenditure) |
2022 £ 3,128 2,696 2,586 21 8,431 301,370 1,615 |
2021 £ 3,359 2,696 - 688 6,743 293,475 (22,050) |
|---|---|---|
This page does not form part of the statutory financial statements
Page 13