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2020-07-31-accounts

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Registered number: 07556040

TOLLESHUNT D'ARCY PRE-SCHOOL DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2020

LPTA Limited

Chartered Certified Accountants

Priory Place Priory Road Colchester Essex CO5 0QE

Tolleshunt D'arcy Pre-School Directors' Report and Unaudited Financial Statements For The Year Ended 31 July 2020

Contents

Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Income and Expenditure Account 4
Balance Sheet 5—6
Notes to the Financial Statements 7—9
The following pages do not form part of the statutory accounts:
Detailed Income and Expenditure Account 10

Tolleshunt D'arcy Pre-School Company Information For The Year Ended 31 July 2020

Directors Mrs Angela Owen Mrs Nina Catasus-Escribas Secretary Ms Tracy Baker Company Number 07556040 Registered Office Tollesbury Road Tolleshunt D'arcy Maldon Essex CM9 8UB Accountants LPTA Limited Chartered Certified Accountants Priory Place Priory Road Colchester Essex CO5 0QE

Page 1

Tolleshunt D'arcy Pre-School Company No. 07556040 Directors' Report For The Year Ended 31 July 2020

The directors present their report and the financial statements for the year ended 31 July 2020.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Principal Activity

The company's principal activity continues to be that of a Pre-school

Directors

The directors who held office during the year were as follows: Mrs Angela Owen

Mrs Nina Catasus-Escribas

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

Mrs Angela Owen

Director

Mrs Nina Catasus-Escribas

Director

12th November 2020

Page 2

Tolleshunt D'arcy Pre-School Accountant's Report For The Year Ended 31 July 2020

Report to the directors on the preparation of the unaudited statutory accounts of Tolleshunt D'arcy Pre-School For The Year Ended 31 July 2020

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Tolleshunt D'arcy Pre-School which comprise the Income and Expenditure Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/accarulebook.html.

This report is made to the directors of Tolleshunt D'arcy Pre-School, as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the accounts of Tolleshunt D'arcy Pre-School and state those matters that we have agreed to state to the directors of Tolleshunt D'arcy Pre-School, as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tolleshunt D'arcy Pre-School and its directors as a body for our work or for this report.

It is your duty to ensure that Tolleshunt D'arcy Pre-School has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Tolleshunt D'arcy Pre-School. You consider that Tolleshunt D'arcy PreSchool is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Tolleshunt D'arcy Pre-School. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

12th November 2020

LPTA Limited Chartered Certified Accountants

Priory Place Priory Road Colchester Essex CO5 0QE

Page 3

Tolleshunt D'arcy Pre-School Income and Expenditure Account For The Year Ended 31 July 2020

Notes
TURNOVER
Cost of sales
GROSS SURPLUS
Administrative expenses
Other operating income
OPERATING DEFICIT
Other interest receivable and similar income
DEFICIT FOR THE FINANCIAL YEAR		 2020
£
76,182
(2,912)
73,270
(76,009)
-
(2,739)
63
(2,676)		 2019
£
61,681
(3,516)
58,165
(82,852)
-
(24,687)
140
(24,547)

The notes on pages 7 to 9 form part of these financial statements.

Page 4

Tolleshunt D'arcy Pre-School Balance Sheet As at 31 July 2020

Notes
FIXED ASSETS
Tangible Assets
4
CURRENT ASSETS
Debtors
5
Cash at bank and in hand
Creditors: Amounts Falling
Due Within One Year
6
NET CURRENT ASSETS
(LIABILITIES)
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
Income and Expenditure Account
MEMBERS' FUNDS		 2020
£
£
9,279
9,279
(324)
44,547
44,223
(1,151)
43,072
52,351
52,351
52,351
52,351		 2020
£
£
9,279
9,279
(324)
44,547
44,223
(1,151)
43,072
52,351
52,351
52,351
52,351		 2019
£
£
11,599
11,599
681
44,009
44,690
(1,262)
43,428
55,027
55,027
55,027
55,027		 2019
£
£
11,599
11,599
681
44,009
44,690
(1,262)
43,428
55,027
55,027
55,027
55,027
9,279
43,072		 11,599
43,428
44,223
(1,151)		 44,690
(1,262)
52,351 55,027
52,351 55,027
52,351 55,027
52,351 55,027

Page 5

Tolleshunt D'arcy Pre-School Balance Sheet (continued) As at 31 July 2020

For the year ending 31 July 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the board

Mrs Angela Owen

Director

Mrs Nina Catasus-Escribas

Director

12th November 2020

The notes on pages 7 to 9 form part of these financial statements.

Page 6

Tolleshunt D'arcy Pre-School Notes to the Financial Statements For The Year Ended 31 July 2020

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery 20% Reducing Balance Basis Fixtures & Fittings 20% Reducing Balance Basis

Page 7

Tolleshunt D'arcy Pre-School Notes to the Financial Statements (continued) For The Year Ended 31 July 2020

1.4. Government Grant

Government grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned.

All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.

2. Staff Costs

Staff costs, including directors' remuneration, were as follows:

Wages and salaries 2020
£
61,692
61,692		 2019
£
63,027
63,027

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2019: 5)

4. Tangible Assets

Cost
As at 1 August 2019
As at 31 July 2020
Depreciation
As at 1 August 2019
Provided during the period
As at 31 July 2020
Net Book Value
As at 31 July 2020
As at 1 August 2019		 Plant &
Machinery
£
13,369		 Fixtures &
Fittings
£
13,111		 Total
£
26,480
13,369 13,111 26,480
7,928
1,088		 6,953
1,232		 14,881
2,320
9,016 8,185 17,201
4,353 4,926 9,279
5,441 6,158 11,599

Page 8

Tolleshunt D'arcy Pre-School Notes to the Financial Statements (continued) For The Year Ended 31 July 2020

5. Debtors

5.
Debtors
Due within one year
Prepayments and accrued income
Outstanding School Fees
6.
Creditors: Amounts Falling Due Within One Year		 2020
£
92
(416)
(324)
2020
£		 2019
£
681
-
681
2019
£
Trade creditors
Other taxes and social security
Accruals and deferred income		 168
143
840
1,151		 -
296
966
1,262

6. Creditors: Amounts Falling Due Within One Year

7. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

8. General Information

Tolleshunt D'arcy Pre-School is a private company, limited by guarantee, incorporated in England & Wales, registered number 07556040. The registered office is Tollesbury Road, Tolleshunt D'arcy, Maldon, Essex, CM9 8UB.

Page 9

Tolleshunt D'arcy Pre-School Detailed Income and Expenditure Account For The Year Ended 31 July 2020

TURNOVER
School Fees
Grant Funding
T Shirt Sales
Fundraising Events
COST OF SALES
Educational Supplies & Purchases
Trips and Advertising
GROSS SURPLUS
Administrative Expenses
Wages and salaries
Travel and Entertainment
Rent & Insurance
Premises Maintenance
Printing, postage and stationery
Training seminars and workshops
Telecommunications and data costs
Professional fees
Subscriptions
Depreciation
Sundry expenses
OPERATING DEFICIT
Other interest receivable and similar
income
Bank interest receivable
DEFICIT FOR THE FINANCIAL YEAR		 2020
£
£
12,276
63,047
-
859
76,182
1,952
960
(2,912)
73,270
61,692
240
5,803
1,083
494
576
933
1,653
1,202
2,320
13
(76,009)
(2,739)
63
63
(2,676)		 2020
£
£
12,276
63,047
-
859
76,182
1,952
960
(2,912)
73,270
61,692
240
5,803
1,083
494
576
933
1,653
1,202
2,320
13
(76,009)
(2,739)
63
63
(2,676)		 2019
£
£
11,866
48,539
839
437
61,681
2,363
1,153
(3,516)
58,165
63,027
325
5,762
5,059
1,515
345
1,399
1,656
852
2,899
13
(82,852)
(24,687)
140
140
(24,547)		 2019
£
£
11,866
48,539
839
437
61,681
2,363
1,153
(3,516)
58,165
63,027
325
5,762
5,059
1,515
345
1,399
1,656
852
2,899
13
(82,852)
(24,687)
140
140
(24,547)
76,182
(2,912)		 61,681
(3,516)
61,692
240
5,803
1,083
494
576
933
1,653
1,202
2,320
13		 63,027
325
5,762
5,059
1,515
345
1,399
1,656
852
2,899
13
73,270
(76,009)		 58,165
(82,852)
63 140
(2,739)
63		 (24,687)
140
(2,676) (24,547)

Page 10

CHARITY COMMISSION FOR ENGLANO AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesldirectorsl members of Tolleshunt D'arcy Pre-school On accounts for the year ended 31st July 2020 Charlty no.: 1146436 Company no.: 07556040 Set out on pages I report to Ihe charity trustees on my examination of the accounts of the Company for the year ended 31•t July 2020. Re8ponslbllltles and basss of report As the charity's trustees of the Company (who are also the directors of the company for the purposes of company lawl, you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Ad 2006 ('Ihe 2006 Act"). Having satisfied myself that the accounts ol the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charily s accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Act") In carrying out my examination, I have followed the Directions given by the Charity Commission lundef section 145151(b} of the 2011 Act. Independent examiner's statement rrhe company's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qualified member of linsert name of applicable listed l)odyll. Delete [ l rf not applicable. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ') which gives me cause lo believe Ihat.. • accounting records We￿ not kept in accordance with section 386 of the Companies Act 2006,. or . the accounls do nol accord with such records,. or the accounts do nol comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examinalion,. or •the accounts have not been prepared in accordance with the Charities SORP IFRS102). IER October 2018

I have no concemg and have come across no thr matters in connection with the examination lo which attentKJn should be drawn in this report in Ofder to enafAe a try)er ufMlerstandiNJ of the accounls to be reathed. ' Hease delete I the brnckets rfthey do not apply. Slgn•d: 0210312021 Nam•: R•I￿aTht profes•lonal qualfficallon(s) or body (If any): Add Priory Place. Prfory Road E88ex, C05 OQE Section B Disclosiire Only complete if the examiner needs to highlight material matters of concem {sae CC32, Independent examknation of thafiy aCCo￿ts. diredion8 and guldanc• f￿ examln•rs). Glv• h•r• brl•f detall• of any It•ms th•t th• examln•r wl8hM to dl8¢1ov. IER October 2018