Company Registered number 08028503 Charity Registration number . 1150030 Ripley Pre-school Company Limited by Guarantee Unaudited Financial Statements 31 Juty 2022 Rlpley Pre-Sch•xA Company Limited by Guarantee Financial Statements Year ended 31 Juty 2022 Trustees, Annual Report (IwFtyyatiThJ the directoffs Retmxt) Independent examiners reFth to the trustees Statement of financial activities (Ir￿udIng incx)me and expendÉture account} Statement of financial pO￿knn Notes to the financial statements Ripley Pre-school Company Limited by Guarantee Trustse8' Annual Report lincorporatlng the Dlroclofs Report) The trustees, who are also the di￿t0[S for the puT[￿se$ of o)mpany law. present their ￿POrt and the unaudtted finanaal statements of the charity for the year ended 31 Juty 2022. Regist•red charlty name Ripley Pre-school Charity regl8tratlon number 1150030 Company registratlon number 08028503 Principal office and reglBtered offie• WenlJ¥orth Close Rip Woking Surrey GU23 6ED The trustees and dlrgcto Mrs G Hollis hfirs D Bennesch Mrs C Grimes Mr5 Anna Heaby (appointed Sep 2022) Mrs Chartoiie Amison {appointed Sep 2022) Independent exarnlnor Trffany Ann Purves FCA CA(SA) 9 Danesfield Ripley Surrey GU23 6LS Rlpkny Pre-school Company Limited by Guarantee Trustses. Annual Report (Ineorpornttng the Directofs Report) {continuod) Govomlng Document The charity ts ￿ntrOlled by its g)veming dC￿rnenL a deed of trust and constitute a limited company. limfted by guarantee, as defined by the Companies A(* 2016. Every Memter of the Pre-Sctrv)ol urKlertakes to pay suth amount as may be required not ex¢eeding £1 towards the Pre-schod's assets if the Pr￿chCrfA shouk1 be ¥*￿1nd up while. he or she remain a Member or vthhin one year after they ￿se to be a Memter IcNArds the t))sts of dissolution and liabilities incurred by the Pr&Schwl wthile the contributor was a member. Organlsatlonal structur• The overal management and control of the Pr￿h(￿ shall vest in the indNKlual membets of ivs Management commiitee fthe Committee,) who are the company directors and charity trustees of tr Pre4chool. The Committee shall consist of a Chair. a T￿Su[er and a Secretary {'the Officers,) and not less than 2 nor more than 9 eWed rrEmtws and rf the Committee so decides not more than 3 members CCTrOPted by the Commtttee. The Commiltee rrEmbev5 shall be eleded for a tenn of one year at the Annual General Meeting. Returning Committee Officers arKI Committee members are eligible for re*Won un*s fv have already served on the Council in any capath for six conse¢utive years. Risk managemont The trustees have a duty to identrfy and review the Tisks to the chatty is exposed and to esnure appropriate are in • to provvje reasonable assuran￿ against fraud and error. Mombership The number of Members ¥￿th which the Pre-school proposes to be registered is unlimited. The Pr school maintains a register of Members. MeMbe￿hIp is open to any indivKlual. famity or organisation interested in promoting the Objects of the Pr&school. Trustees R¢¢rnltment and Training The Charity advertises for tNstees kncalty and all training ￿e￿IS are met during the induction Wages and salaries The wages of all staff including key management personnd are agreed by the Trustees annually at one of their meetirvJs. Key Fmonnel The Trustees have delegated the day to day running of the Charity to Mrs C Grimes. Objectlves and activilios We have referred to the guidance (xy)lained in the Chaiity Commission's general gUKAan￿ on public benefft when rev￿￿ng our ams arKI obpctives and in planning our future a￿l¥[bes. The objects of the Pr￿t￿￿ are to enhan￿ deVe￿W￿lt and education of children Primarity under statutory school 4e by en￿)UragIng parents to understand and provKle for the needs of their chiklren through communty groups and by: _ Ripley Pre-school Company Llmited by Guarantse Trustses. Annual Report (Incorporating the Dir8CtoVs Report) {eoTrtinwdl Offering aFpropriate play, edu(atw)n care facilities and training couT5es, togetsr with the right of parents to take responslbilty for and to t*o)me involved in the ac*vrbes of such groups. esnuring that such groups offer opportunities for all chAdren W*￿teV￿ thri race, culture. religw)n, mean5 or ability., Encouraging the study of the needs of such ¢hiklren and their fam￿leS and promotTrng public interest in and r￿C*]nthn of such needs" Investigaling arKI ahering to and furthering the wms and obpthes of tr* Pr￿h0o1 Alliance. Slgnfficant aetlvltles Signtficant activthes continued to be the pn)visi)n of facalilies ts the deveknpment and education of children under the statutory sch(K)l age. Achlevements and porfonnance The Charity continued to operate a Pr￿h0￿ enab￿d it to &hieve the obie¢tives set out Financlal rnvlew The ￿m0Ver for the year reduced by £44.282 from last year to £47,781 31 Juty 2022 (2021.. £92,063). Expenditure rtrJu¢ed ¢)n last year by £10,279 to £64.169 {2021: £74,448). The Chaiity recorded a loss for this year of £16.388 compared to a profft in 2021 of £17.615. The reserves as at 31 July 2022 were reduc￿ to £64.465 {2021: £80,853}. Reservce8 Policy The reserves represent unrestitted funds frorn operalR￿ resutt& The Tfustees a￿ happy that the Cu￿nt level of free reserves is sUffic￿nt to enable the school to rxjntinue for the next fina￿la1 year. Plans for the future poriods The Charity ￿anS to 0)ntin￿ operating the Pre-schod for the benefii of the ￿al poputation. Directors Responslblllltes {a} that the directors are ￿sPOnsb1e for preparing the Direcknrs, report and the financ4al statements in ac£Ordana￿ with applrable law and ￿ulationS and in *ith United Kingdom Generalty Accepted A￿nts'n9 Practice.. {b} that company law requires the direct￿5 rnust not approve the financial statements unless they a￿ satssfied that they gNe a true and fair of the stste of affairs of the company and of the profft or loss of the company for the pefKXI" {c) that in preparing Ihe finan¢ial statements the dire¢tfJs are required to :li) select suitable accounting poliues and then appty them ojnsistenty,. (li) make judgements and accounting estimates that are rEasonable and prudent (iii) Fyepare the finar￿al Statements on the going cortcem basis unkss it is inappropriate to presurne that the ts)mpany will continue in business. {d) that the directots are resFM)nsible ￿ keeping &Jequate xcounting le￿rdS that are suftient to show and eX￿ain the companrfs trdnsactions and disclose with reasonable accuracy at any time the finanaal position of the company and that enable to ensure thai the financial ststements compty ￿ the Companies Art Ripley Pre4chool Company Llmltsd by Guarantse Trustaes. Annual Report (Incorpor*ing the Diroctorfs Report) l¢ontlnwl) (e) th* the drectors are responsNe for safeguarding the assets of the company and hen￿ for taking reasonable steps for the Preventi￿ and detecti¢M of fraud and other irregularities" and {0 tha( where appropriate, the dir￿•r5 are ￿5￿n￿ble for the maintenance and integrity of the corporate and finanaal infomfation induded on the compatys website. It is important to bear in mind that legislab'on in trte Unit8J goveming the preparalion and disemination of financial statements may differ from legislation i) other juiisdidions. Small Company provisions This ￿port has been prepared in aC£Ordan￿ with the applicable to ￿rt￿panies entit￿ to the small companies exemption. The trustee, annual report was appY0V￿ on of trustees by . 1011 and signed on behalf of the board Mrs C Grlme8 Trustee Rlpley Pre￿chOOl Company Umlted by Guarantee Inde￿ndftnt Examinerfs Roport to the T￿￿te8$ of Rlpley Pro-school Year ended 31 Juty 2022 I rewt to the trustees cn my e￿inall￿ of fina￿la1 ststeM￿ of R*y Pr&SckM)d fft ￿￿11￿) for the year ended 31 Juty 2022. Re8pmlbllltl•8 and baso of report As the trustees of the uxnpanty {and ab50 its (thredors hjr Ihe purposes of ￿npanY law) you are reswnsibla for the preparation of the sfatements in 8(x)Ydan￿ with the reqUireM￿ts ofthe Companies Acl 2(I)6 Cthe 2(￿>6 ACV). Having salisfield mysdf that the rnnts cl the (xNnpany ￿e r*)t rw4Utred lo be ￿￿er Part 16 of the 20C6 Ad and are el"KjIb￿ for indeFeTrJent examina11￿. I rep￿ li resped of my examinalion of the charitys aC￿ntS as carried out under section 145 of the CtrN4rtttes Act 2011 2011 Ad). In ca￿g out my ex*nination I have followed the ¢JIwJ￿s given by Ihe Chanty ConNnisskJn uThler 145(5)Ib) cothe 2011 P Independ•nt oxamlnees •tatefftent I have completed my trxaminalion. I c3)nfiThn thal no maiters have u)meto my allènt1￿ in ccfflnedion with I examinati(x) giviro me &1sue 10 believe.. • accounling records were not kept in r•spec* ofthe thrty 85 by secticffi 386 ofthe 2￿ Act: LY . the financial statemwts do rnt ccrfnFty with the wirements of 396 of the 20(￿ Ad other than any requirement that Ihe ￿c￿nts we a Int and vivw is r#)t a matter ￿ls￿￿ered as part of an inde￿ndent examination: or . the finar￿la1 statements fwe Lwi we￿red Ri *ilh the mthcrfls and ￿InCipleS of the Slatement of Recommended practi￿ for accryJnling and rerxwlivu by d￿rthes apF4Thb￿ to tharthes preparing their aC0￿ntS in accord8lllX T￿ th& Fir￿￿481 Starylard appI￿4)Ie in UK and RoWtrA￿ of Ireland IFRS 1W2). rawn i Ihis rewt in ordw to enaw a prow uThl&st*)diro oflhe a(>x￿rts to be rear**d. Tlffany Ann Pur¥os FCA CA(SA) IrKlep8ndent Examiner 9 Dawsfidd Ripley Surrey GU23 6LS l November 2tr22 Ripley Pre4chool Company Llmited by Guarantse Statement of Financial Activities Ilncludlng Income and expenditure account) for the year ended 31 Juty 2022 2022 Unrestiicted funds 2021 Total funds Total funds Charitsble activities Olher Inc 45.672 2.109 45,672 2.109 90.710 1.353 Total Incoffl• 47.781 47,781 92.063 Expènditur• Expenditu￿ on charitable activit Total ExponditUYO 64,169 64,169 74.448 64.169 64,169 74.448 Not •xpenditure and net M0ven￿nt in funds 16.388 16,388 17.615 Reconciliatlon of funds Total funds brought forward 80.853 63,238 Total funds ¢arried fonmard 64,465 80,853 The statement of financial actsvi￿5 indude5 all gains and losse5 recognised in the year. All income and expenditure derive from continuing actviti Ripley Pre-Schpected useful life. as foll¢xs: Fixtures & Frtliffjs 33% on (wt a￿1 10% on rnst Impalmjent of fixedassets A review for indicators of impaimwl is caThi8d at iewJ1v¥J d*, *ilh the T￿)Verable amunt teing eskn"mated wh8r8 suth ind￿try5 exist Vlhere Ihe canying value exc*eds the recoverable amount. the asset is impared a(x0rd￿. Prior wnpairmerts aQ also l9vm￿d poSsi￿e reversal at eath reFK)rting d*. Short tem debtors are measurad at tranSa(am￿ is 1nvcM￿ wtt). kn any impaiment losses for bad and doubtful debts. Loans ￿ other finanoal assets are initial recognised at transaction P)r￿ including any tran5aolyon o)sts aThJ wbseqLWtty rneasur￿ at and doubtful deLrts. plèy Prfrschool Notes to the A¢¢ounts for the year ended 31 July 2022 Credito Short lemi (xwlitors a￿ m&98u￿1 at transa**)n is usually Ihe iivm iw). Loans and other financial fiabiliiies are inibally r￿nISed at trans*icm net of any transaction costs Taxallon Pmvlstons Provisk)ns lie liat11rt￿ of ti￿Ing ￿ amrwnl) recognised y￿eft thwe is an obkgation at the reporbng date as a resLEtt of a past e¥wL is probable that e(X)nOm￿ t￿effi wll be transfeThed to settle the 0bligatK￿ and the amwnl of the otdigation I￿n be estimated reliabty. contributic￿S to defined contrib￿10n plans are expensed li th8 rwM)d to relate. Prepaid conlrtbutions are recxjgnised as an asset to Ihe extenl wepaynth lead lo a [edUd￿n fLrture payments CK a cash reluThJ. When contributions are not exp&*ed to be setlled WI￿ within 12 rr￿thS of the erKI of the reportrng date in vthith the empbyees render the related se￿￿. the [￿t￿lIty is measured on a discounted present valuÈ basis. The urr*inding of the discount i8 recogntsed as an experkse in the peric•J In il arises. 2 Umltod by 9￿￿￿￿? This company 1$ 3 Charitsble o¢dvlli•8 2022 F￿ts Tolal FwKI¥ 2021 Totsl Funds Funds EYFE. Govemrnerrt fees Fe8s- Breakfast dub 34.743 ¥743 78.696 10.g29 10.929 45.6n 11.450 1.710 11.450 Unrestiira&J 2021 Total Funds Tolal F￿NIS Funds Olhw incorne Interest R&eNat4e 2.1r 1109 7,353 2.11YJ Rlpley Pr8-School Nots8 to the Accounts for the year ended 31 Juty 2022 Unrnstiicaed Furyts Tolal Fund Funds Total Funds Supwrt costs 74.448 74.448 undertaken 2022 Totsl Funds Tcrtal Fund$ 62.939 G0Veman￿ cThts 12 62 939 ￿30 64 169 74.448 7 N•t expendi￿￿ 2022 De￿ati0ft of ￿>ble fr