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2024-08-31-accounts

Draft Financial Statements at 02 May 2025 at 08:41:29

Charity registration number 1145655 (England and Wales)

CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

Draft Financial Statements at 02 May 2025 at 08:41:29 CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Mr Ed Jones Mr John Southam Mrs Glenys Cornwell Mrs Sarah Hamilton

Charity number (England and Wales) 1145655 Principal address Battle Baptist Church Mount Street Battle East Sussex TN33 0EG Independent examiner Holland Harper LLP 26 High Street Battle East Sussex TN33 0EA

Draft Financial Statements at 02 May 2025 at 08:41:29 CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH

CONTENTS

Page
Trustees' report 1
Independent examiner's report 2
Statement of financial activities 3
Balance sheet 4
Notes to the financial statements 5 - 9

Draft Financial Statements at 02 May 2025 at 08:41:29 CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 AUGUST 2024

The trustees present their annual report and financial statements for the year ended 31 August 2024.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Constitution, the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2016)

Objectives and activities

The charity's objects are the advancement of the education (including spiritual development) of children below compulsory school age and the provision of facilities for recreation of such children in the interests of social welfare and with the object of improving their conditions of life, by providing for all children without discrimination a safe and satisfying pre-school with a Christian environment where Christian beliefs and values are upheld. This will be in accordance with the mission of the church, which seeks to provide services to the community and to promote Christianity within it. The income and (at the discretion of the management committee) the capital of the Group shall be applied solely in furthering these objects. There has been no change in these objects during the year.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance Financial review

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure plus the estimated amounts of pay that would be due were the charity to make all its paid staff redundant. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The charity is an unincorporated association governed by a constitution.

The trustees who served during the year and up to the date of signature of the financial statements were: Mr Ed Jones Mr John Southam Mrs Glenys Cornwell Mrs Sarah Hamilton

All the trustees named above served throughout the year, except where stated. They form a management committee and under the constitution must be members of Battle Baptist Church. Up to two other persons can be co-opted on to the committee and elected as trustees.

The trustees' report was approved by the Board of Trustees.

..............................

Mr John Southam

Trustee Dated: .........................

Draft Financial Statements at 02 May 2025 at 08:41:29 CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH

I report to the trustees on my examination of the financial statements of Caterpillar Pre-School of Battle Baptist Church (the charity) for the year ended 31 August 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

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 financial statements to be reached.

Holland Harper LLP

26 High Street Battle East Sussex TN33 0EA Date: ............................

Draft Financial Statements at 02 May 2025 at 08:41:29 CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2024

Unrestricted Unrestricted
funds funds
2024 2023
Notes £ £
Income and endowments from:
Donations and legacies 3 139,927 118,824
Other income 4 - 165
Total income 139,927 118,989
Expenditure on:
Charitable activities 5 150,186 131,807
Total expenditure 150,186 131,807
Net expenditure and movement in funds (10,259) (12,818)
Reconciliation of funds:
Fund balances at 1 September 2023 37,664 50,482
Fund balances at 31 August 2024 27,405 37,664

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Draft Financial Statements at 02 May 2025 at 08:41:29 CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH

BALANCE SHEET

AS AT 31 AUGUST 2024

2024
Notes
£
Current assets
Cash at bank and in hand
38,637
Creditors: amounts falling due within
one year
10
(11,232)
Net current assets
The funds of the charity
Unrestricted funds
11		 £
27,405
27,405
27,405		 2023
£
45,246
(7,582)		 £
37,664
37,664
37,664

The financial statements were approved by the trustees on .........................

.............................. Mr John Southam

Trustee

Draft Financial Statements at 02 May 2025 at 08:41:29 CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

1 Accounting policies

Charity information

Caterpillar Pre-School of Battle Baptist Church is a unincorporated association governed by a constitution.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Draft Financial Statements at 02 May 2025 at 08:41:29 CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Expenses are shown inclusive of VAT.

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held with banks.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.7 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Draft Financial Statements at 02 May 2025 at 08:41:29 CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

3
Fees and grants
Fees
Grants
Grants
Grants from East Sussex County Council
Apprentice grant
4
Other income
Sundry
5
Charitable activities
Staff costs

Training costs
Utilities
Insurance
Equipment and consumables
Stationery and telephone
Uniforms
Ofsted fees
DBS checks
Secretarial expenses and bookkeeping
Independent examiner's fee

 2024
£
29,405
110,522
139,927
110,522
-
110,522
2024
£
-
2024
£
128,434
712
10,416
846
6,820
344
477
35
127
1,495
480
150,186
150,186		 2023
£
28,989
89,835
118,824
88,335
1,500
89,835
2023
£
165
2023
£
109,247
799
9,648
807
7,957
1,020
226
35
166
1,440
462
131,807
131,807

Draft Financial Statements at 02 May 2025 at 08:41:29 CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

6 Net movement in funds 2024 2023
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements 480 462

7 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

8 Employees

The average monthly number of employees during the year was:

Charitable work
Employment costs
Wages and salaries		 2024
Number
8
2024
£
128,434		 2023
Number
6
2023
£
109,247

There were no employees whose annual remuneration was more than £60,000.

9 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

10 Creditors: amounts falling due within one year

Payments received on account
Other creditors		 2024
£
10,752
480
11,232		 2023
£
7,120
462
7,582

Draft Financial Statements at 02 May 2025 at 08:41:29 CATERPILLAR PRE-SCHOOL OF BATTLE BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024

11 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 Incoming Resources At 31 August
September resources expended 2024
2023
£ £ £ £
General funds 37,664 139,927 (150,186) 27,405
Previous year: At 1 Incoming Resources At 31 August
September resources expended 2023
2022
£ £ £ £
General funds 50,482 118,989 (131,807) 37,664

12 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).