REGISTERED COMPANY NUMBER: 07856560 (England and Wales) REGISTERED CHARITY NUMBER: 1148519
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6-10 |
| Detailed Statement of Financial Activities | 11 |
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 FOR ROTHERFIELD VILLAGE PRE-SCHOOL
ROTHERFIELD VILLAGE PRESCHOOL
Report of the Trustees
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 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07856560 (England and Wales)
Registered Charity number
1148519
Registered office
Recreation Ground North Street Rotherfield East Sussex TN6 3LX
Trustees
Mr. I Harris Ms. S Milledge Mrs. C D’Arcy Mrs. D Zeigler Mrs. T Ashwell Mrs L Jones
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on 20th May 2021 and signed on its behalf by:
Mr. I Harris – Chair to the Trustees
ROTHERFIELD VILLAGE PRESCHOOL STATEMENT OF FINANCIAL ACTIVITIES
For the Year Ended 31 August 2020
| Note INCOMING RESOURCES Incoming resources from generated funds Voluntary Income Investment Income 2 Total Incoming resources RESOURCES EXPENDED Cost of generating funds Cost of generating voluntary income Fundraising trading: cost of goods sold and other costs Total resources expended NET INCOMING/(OUTGOING) RESOURCES RECONCILIATION OF FUNDS Total funds brought forward Prior Period Adjustment 3 TOTAL FUNDS CARRIED FORWARD |
31-Aug-20 Unrestricted fund 129,687 66 129,753 121,952 7,564 129,516 237 74,139 74,376 |
31-Aug-19 Unrestricted fund 137,856 85 137,941 122,949 13,831 136,780 1,161 75,262 (2,284) 74,139 |
|---|---|---|
ROTHERFIELD VILLAGE PRESCHOOL BALANCE SHEET
For the Year Ended 31 August 2020
| Note FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds TOTAL FUNDS |
31-Aug-20 Unrestricted fund 3,590 20 72,548 72,568 1,782 70,786 74,376 74,376 74,376 74,376 |
31-Aug-19 Unrestricted fund 4,786 1,341 68,592 69,933 (581) 69,352 74,139 74,139 74,139 74,139 |
|---|---|---|
ROTHERFIELD VILLAGE PRESCHOOL Notes to the Financial Statements
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.
The members do not require the company to obtain an audit of its financial statements for the year ended 31st August 2020 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 special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The financial statements were approved by the Board of Trustees on 29 May 2020 and were signed on its behalf by:
Mr. I Harris – Chair to the Trustees
ROTHERFIELD VILLAGE PRESCHOOL NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 August 2020
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
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.
Computer Equipment: 5 years, straight line
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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease.
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.
ROTHERFIELD VILLAGE PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 August 2020
2. INVESTMENT INCOME
| Deposit Account Interest 3. PRIOR PERIOD ADJUSTMENT A prior period adjustment was made to reconcile the published accounts to the accounting package 4. NET INCOME/(OUTGOING) RESOURCES Net resources are stated after charging/(crediting): Depreciation - owned assets Rent Other Pension Costs |
31-Aug-20 £ 66 31-Aug-20 £ 31-Aug-20 £ 1,197 - 2,423 |
31-Aug-19 £ 85 31-Aug-19 £ (2,284) 31-Aug-19 £ 1,197 667 1,042 |
|---|---|---|
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2019 nor for the year ended
31 August 2018.
Trustees' Expenses
There were no trustees' expenses paid for the year ended 31 August 2020 nor for the year ended 31 August 2019.
6. STAFF COSTS
| Wages and Salaries Other pension costs The average monthly number of employees during the year was as follows: |
31-Aug-20 £ 100,319 2,423 102,742 31-Aug-20 14 |
31-Aug-19 £ 99,829 1,042 100,871 31-Aug-19 14 |
|---|---|---|
No employees received emoluments in excess of £60,000.
ROTHERFIELD VILLAGE PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 August 2020
7. TANGIBLE FIXED ASSETS
| At 1 September 2018 and 31 August 2019 DEPRECIATION Charge for the year NET BOOK VALUE As 31 August 2020 At 31 August 2019 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 9 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors 10. MOVEMENT IN FUNDS Unrestricted funds General fund Prior period adjustment TOTAL FUNDS Net movement in funds, including the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1.9.19 £ 76,423 (2,284) 74,139 Incoming resources £ 129,753 129,753 |
31-Aug-20 £ 20 31-Aug-20 £ 1,731 (22) 1,708 Net Movement in funds £ 237 237 Resurces Expended £ (129,516) (129,516) |
Computer Equipment £ 5,983 1,197 3,589 4,786 31-Aug-19 £ 1,342 31-Aug-19 £ 324 257 581 At 31.8.20 £ 76,660 (2,284) 74,376 Movement in funds £ 237 237 |
|---|---|---|---|
ROTHERFIELD VILLAGE PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 August 2020
10. MOVEMENT IN FUNDS (cont.)
| Comparatives for movement in funds At 1.9.18 Unrestricted funds £ General fund 75,262 Prior period adjustment TOTAL FUNDS 75,262 Comparative net movement in funds, included in the above are as follows: Incoming resources Unrestricted funds £ General fund 137,941 TOTAL FUNDS 137,941 A current year 12 months and prior year 12 months combined position is as follows: At 1.9.18 Unrestricted funds £ General fund 75,262 Prior perdiod adjustment TOTAL FUNDS 75,262 Comparative net movement in funds, included in the above are as follows: Incoming resources Unrestricted funds £ General fund 267,694 TOTAL FUNDS 267,694 |
Net Movement in funds £ 1,161 1,161 Resurces Expended £ (136,780) (136,780) Net Movement in funds £ 1,398 1,398 Resurces Expended £ (266,296) (266,296) |
At 31.8.19 £ |
|---|---|---|
| 76,423 | ||
| (2,284) 74,139 Movement in funds £ 1,161 1,161 At 31.8.20 £ |
||
| 76,660 | ||
| (2,284) 74,376 Movement in funds £ 1,398 1,398 |
ROTHERFIELD VILLAGE PRESCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
For the Year Ended 31 August 2020
| INCOMING RESOURCES Voluntary Income Income Investment Income Deposit Account Interest Total Incoming resources RESOURCES EXPENDED Cost of generating voluntary Income Wages Pensions Rent Rates and water Insurance Light and heat Telephone Postage and stationery Sundries Subscriptions Computer costs Bookkeeping Training Repairs and maintenance Computer equipment depreciation Fundraising trading: cost of goods sold and other costs Purchases Total resources expended Net income/(expenditure) |
31-Aug-20 Unrestricted fund 129,687 66 129,753 100,319 2,423 - 1,640 806 2,704 615 1,377 1,586 772 1,056 1,618 1,265 4,575 1,197 121,952 7,564 129,516 237 |
31-Aug-19 Unrestricted fund 137,856 85 137,941 99,829 1,043 667 1,753 802 2,096 529 1,402 623 718 606 2,621 1,678 7,388 1,197 122,949 13,831 136,780 1,161 |
|---|---|---|
REGISTERED COMPANY NUMBER: 07856560 (England and Wales) REGISTERED CHARITY NUMBER: 1148519
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6-10 |
| Detailed Statement of Financial Activities | 11 |
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 FOR ROTHERFIELD VILLAGE PRE-SCHOOL
ROTHERFIELD VILLAGE PRESCHOOL
Report of the Trustees
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 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07856560 (England and Wales)
Registered Charity number
1148519
Registered office
Recreation Ground North Street Rotherfield East Sussex TN6 3LX
Trustees
Mr. I Harris Ms. S Milledge Mrs. C D’Arcy Mrs. D Zeigler Mrs. T Ashwell Mrs L Jones
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on 20th May 2021 and signed on its behalf by:
Mr. I Harris – Chair to the Trustees
ROTHERFIELD VILLAGE PRESCHOOL STATEMENT OF FINANCIAL ACTIVITIES
For the Year Ended 31 August 2020
| Note INCOMING RESOURCES Incoming resources from generated funds Voluntary Income Investment Income 2 Total Incoming resources RESOURCES EXPENDED Cost of generating funds Cost of generating voluntary income Fundraising trading: cost of goods sold and other costs Total resources expended NET INCOMING/(OUTGOING) RESOURCES RECONCILIATION OF FUNDS Total funds brought forward Prior Period Adjustment 3 TOTAL FUNDS CARRIED FORWARD |
31-Aug-20 Unrestricted fund 129,687 66 129,753 121,952 7,564 129,516 237 74,139 74,376 |
31-Aug-19 Unrestricted fund 137,856 85 137,941 122,949 13,831 136,780 1,161 75,262 (2,284) 74,139 |
|---|---|---|
ROTHERFIELD VILLAGE PRESCHOOL BALANCE SHEET
For the Year Ended 31 August 2020
| Note FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds TOTAL FUNDS |
31-Aug-20 Unrestricted fund 3,590 20 72,548 72,568 1,782 70,786 74,376 74,376 74,376 74,376 |
31-Aug-19 Unrestricted fund 4,786 1,341 68,592 69,933 (581) 69,352 74,139 74,139 74,139 74,139 |
|---|---|---|
ROTHERFIELD VILLAGE PRESCHOOL Notes to the Financial Statements
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.
The members do not require the company to obtain an audit of its financial statements for the year ended 31st August 2020 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 special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The financial statements were approved by the Board of Trustees on 29 May 2020 and were signed on its behalf by:
Mr. I Harris – Chair to the Trustees
ROTHERFIELD VILLAGE PRESCHOOL NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 August 2020
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
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.
Computer Equipment: 5 years, straight line
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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease.
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.
ROTHERFIELD VILLAGE PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 August 2020
2. INVESTMENT INCOME
| Deposit Account Interest 3. PRIOR PERIOD ADJUSTMENT A prior period adjustment was made to reconcile the published accounts to the accounting package 4. NET INCOME/(OUTGOING) RESOURCES Net resources are stated after charging/(crediting): Depreciation - owned assets Rent Other Pension Costs |
31-Aug-20 £ 66 31-Aug-20 £ 31-Aug-20 £ 1,197 - 2,423 |
31-Aug-19 £ 85 31-Aug-19 £ (2,284) 31-Aug-19 £ 1,197 667 1,042 |
|---|---|---|
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2019 nor for the year ended
31 August 2018.
Trustees' Expenses
There were no trustees' expenses paid for the year ended 31 August 2020 nor for the year ended 31 August 2019.
6. STAFF COSTS
| Wages and Salaries Other pension costs The average monthly number of employees during the year was as follows: |
31-Aug-20 £ 100,319 2,423 102,742 31-Aug-20 14 |
31-Aug-19 £ 99,829 1,042 100,871 31-Aug-19 14 |
|---|---|---|
No employees received emoluments in excess of £60,000.
ROTHERFIELD VILLAGE PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 August 2020
7. TANGIBLE FIXED ASSETS
| At 1 September 2018 and 31 August 2019 DEPRECIATION Charge for the year NET BOOK VALUE As 31 August 2020 At 31 August 2019 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 9 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors 10. MOVEMENT IN FUNDS Unrestricted funds General fund Prior period adjustment TOTAL FUNDS Net movement in funds, including the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1.9.19 £ 76,423 (2,284) 74,139 Incoming resources £ 129,753 129,753 |
31-Aug-20 £ 20 31-Aug-20 £ 1,731 (22) 1,708 Net Movement in funds £ 237 237 Resurces Expended £ (129,516) (129,516) |
Computer Equipment £ 5,983 1,197 3,589 4,786 31-Aug-19 £ 1,342 31-Aug-19 £ 324 257 581 At 31.8.20 £ 76,660 (2,284) 74,376 Movement in funds £ 237 237 |
|---|---|---|---|
ROTHERFIELD VILLAGE PRESCHOOL
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 August 2020
10. MOVEMENT IN FUNDS (cont.)
| Comparatives for movement in funds At 1.9.18 Unrestricted funds £ General fund 75,262 Prior period adjustment TOTAL FUNDS 75,262 Comparative net movement in funds, included in the above are as follows: Incoming resources Unrestricted funds £ General fund 137,941 TOTAL FUNDS 137,941 A current year 12 months and prior year 12 months combined position is as follows: At 1.9.18 Unrestricted funds £ General fund 75,262 Prior perdiod adjustment TOTAL FUNDS 75,262 Comparative net movement in funds, included in the above are as follows: Incoming resources Unrestricted funds £ General fund 267,694 TOTAL FUNDS 267,694 |
Net Movement in funds £ 1,161 1,161 Resurces Expended £ (136,780) (136,780) Net Movement in funds £ 1,398 1,398 Resurces Expended £ (266,296) (266,296) |
At 31.8.19 £ |
|---|---|---|
| 76,423 | ||
| (2,284) 74,139 Movement in funds £ 1,161 1,161 At 31.8.20 £ |
||
| 76,660 | ||
| (2,284) 74,376 Movement in funds £ 1,398 1,398 |
ROTHERFIELD VILLAGE PRESCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
For the Year Ended 31 August 2020
| INCOMING RESOURCES Voluntary Income Income Investment Income Deposit Account Interest Total Incoming resources RESOURCES EXPENDED Cost of generating voluntary Income Wages Pensions Rent Rates and water Insurance Light and heat Telephone Postage and stationery Sundries Subscriptions Computer costs Bookkeeping Training Repairs and maintenance Computer equipment depreciation Fundraising trading: cost of goods sold and other costs Purchases Total resources expended Net income/(expenditure) |
31-Aug-20 Unrestricted fund 129,687 66 129,753 100,319 2,423 - 1,640 806 2,704 615 1,377 1,586 772 1,056 1,618 1,265 4,575 1,197 121,952 7,564 129,516 237 |
31-Aug-19 Unrestricted fund 137,856 85 137,941 99,829 1,043 667 1,753 802 2,096 529 1,402 623 718 606 2,621 1,678 7,388 1,197 122,949 13,831 136,780 1,161 |
|---|---|---|
ROTHERFIELD VILLAGE PRE-SCHOOL - INDEPENDENT EXAMINERS REPORT
For the Year Ended 31 August 2020
Report to the Trustees of Rotherfield Village Pre-School for the year ended 31 August 2020 Charity No 1148519.
Respective Responsibilities of Trustees and Examiner
The Charity’s Trustees consider that an audit is not required for this year (under section 144 of the Charities Act 2011 (the Act) and that an independent examination is needed.
It is my responsibility to:
-
Examine the accounts (under section 145 of the Act);
-
To follow procedures laid down in the General Directions given by the Charity Commission
-
(under section145(5) of the Act)
-
To state whether matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and in comparison, of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the Trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, I do not express an audit opinion on the accounts.
Independent Examiners statement
In the course of my examination, no matter has come to my attention:
-
Which gives me reasonable cause to believe that in any material respect, the Trustees have not met the requirements to ensure that proper accounting records are kept (in accordance with section 130 of the Act); and accounts are prepared which agree with the accounting records and comply within the accounting requirements of the Act; or
-
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed on 31 May 2021
Mr G Khan ACMA G3J Limited 32 Abinger Drive Redhill Surrey, RH1 6SY