Charity number: 1155760 ## CASTLE PRE-SCHOOL (BANBURY) RECEIPTS AND PAYMENTS ACCOUNTS for the YEAR ENDED 31 AUGUST 2022 2 ## **CASTLE PRE-SCHOOL (BANBURY)** ## **TRUSTEE REPORT YEAR ENDED 31 AUGUST 2022** ## **Reference and Administration details** Charity name Castle Pre-School (Banbury) Registered charity number 1155760 Charity's principal address Broughton and North Newington Social Club Broughton Oxfordshire OX15 6AA Current charity trustees Abigail Craig Christopher Hutchins Ionela Smith ## **Structure, Governance and Management** The organisation is a Charitable Incorporated Organisation established on 12 Feburary 2014. The preschool is managed by a committee of trustees who are usually elected at the AGM and where necessary elected by current trustees during the year. ## **Objectives and activities** ## _Objects of the charity:_ 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. 3 ## **CASTLE PRE-SCHOOL (BANBURY)** ## **TRUSTEE REPORT YEAR ENDED 31 AUGUST 2022** ## _Activities of the charity:_ The Pre-school continued to run to end of this academic year but with all the increases in Wages, pension contributions, rent, resources and equipment it was decided that as we were looking at another significant loss for the year. The Pre-School needed to make a decsion to close it's doors. The Trustees decided to close the pre-school and activities ceased on 31st August 2022. ## **Financial report** The trustees made the diffiuclt decision, after much deliberation, that the Pre-School was becoming increasing less financial viable. Even trying to counter the increased minimum wage, with an increase for the fee paying children, wasn't sufficent enough. With the fee increase being felt across our parents and the register looking worryingly low for Septemeber 2022, a decsion needed to be made. Particuarly as trustees we were very concious we wanted to be able to provide redundancy payouts for all the dedicated staff of The Pre-School. 4 ## **CASTLE PRE-SCHOOL (BANBURY)** **TRUSTEE REPORT YEAR ENDED 31 AUGUST 2022** ## **Public Benefit Statement** The services offered by Castle Pre-School (Banbury) are open to all families with children aged 2-5 years old. Some fees are charged for the services, however all fees are considered reasonable by the trustees. The trustees have had regard to the Charity Commissions latest guidance on public benefit and consider the activities and benefits of the charity to be for the public benefit. ## **Reserves Policy** The charity aims to hold reserves equal to the level of funds needed to discharge all statutory responsibilities in the event of closure. The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature: _A Craig_ Full name: Abigail Craig Date: 05.07.2026 5 ## **CASTLE PRE-SCHOOL (BANBURY)** ## **INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 AUGUST 2022** I report on the accounts of the charity for the year ended 31 August 2022, which are set out on page 5. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). The charity's trustees consider that an audit is not required for this year under section 144(2) of the Act and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act; - to follow the applicable Directions given by the Charity Commission (under section 145 - to state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination ## S Holford Sarah Holford ACA Qualified Accountant 5 Shutford Road North Newington Oxfordshire OX15 6AL Date: 05.07.2026 6 ## **CASTLE PRE-SCHOOL (BANBURY)** ## **RECEIPTS AND PAYMENTS PERIOD ENDED 31 AUGUST 2022** |**Receipts**
Fees
Grants
Miscellaneous
Donations
Interest
Fundraising
Staff costs
Rent
Training and Subscriptions
Toys and Equipment
Resources
Consumables
Payroll costs and insurance
Stationery, phone and postage
Fundraising costs
Sundries
Professional fees
IT costs
Outside area
**Net of receipts/payments**
Opening funds
**Cash funds held by Castle Pre-school at 31 August**
**STATEMENT of ASSETS AND LIABILITIES AT END OF PERIOD**
**Cash Funds held by Castle Pre-School at 31 August**|**Total**
**2022**
20,256
45,278
539
-
6
250
**66,329**
81,994
9,204
146
548
1,035
1,412
423
789
328
**95,879**
**29,550**
**-**
29,813
**263**
**263**|**Total**
**2021**
19,759
58,350
-
-
2
907| |---|---|---| |||**79,018**
61,889
9,204
733
183
1,060
1,196
1,655
82
16
632
50
334
4,122| |||**81,156**| |||**2,138**
**-**| |||31,951| |||**29,813**| |||**29,813**| Approved by the trustees on 5th July 2026 and signed on their behalf by _A Craig_ Abigail Craig Dated: 05.07.2026 All receipts and payments are unrestricted.