Jigsaw Preschool
Statement of Financial Activities for the year ended 31 August 2024
Jigsaw Preschool Statement of Financial Activities for the year ended 31 August 2024
| Notes Incoming resources Incoming resources from generated funds Activities from generating funds: Fundraising events Investment income Incoming resources from charitable activities Grants Fee income Other incoming resources Uniform income Total incoming resources Resurces expended Costs of generating funds 3 Preschool activities 3 Total resources expended Net (outgoing)/incoming resources for the year Balances at 31 August 2023 Balances at 31 August 2024 |
Unrestricted Funds 2024 £ 4,736 1,523 167,317 39,147 495 213,217 2,101 214,422 216,523 ( 3,306) 51,435 48,129 |
Unrestricted Funds 2023 £ 6,131 737 185,433 32,294 237 224,832 1,617 211,872 213,489 11,343 40,092 51,435 |
|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
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Jigsaw Preschool
Balance Sheet
as at 31 August 2024
Notes
2024 2023
£ £ £ £
Current assets
Cash at bank and in hand 84,423 73,938
73,938
Creditors: amounts
falling due within one 6 (36,294) (22,503)
48,129 51,435
Net assets 48,129 51,435
Funds
Unrestricted: 48,129 51,435
7 48,129 51,435
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The financial statements were approved by the Trustees on and signed on their behalf by:
J Hunt Chair
Jigsaw Preschool Notes to the Accounts for the year ended 31 August 2024
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 Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources and resources expended
Income and expenditure items have been credited or charged in the Statement of Financial Activities on an accruals basis.
Restricted funds
Resources are recorded on a receivable basis and allocated to a Restricted Fund if a limitations on their use is specified by the donors and providers. Funds received in the direct operation of the Charity are treated as unrestricted funds.
Direct charitable expenditure
Overheads are allocated to direct charitable expenditure on the basis of the time spent.
Taxation
The charity is exempt form tax on its charitable activities.
2 Trustees' Remuneration and Expenses
No Trustees received any remuneration or other benefits during the year.
Jigsaw Preschool Notes to the Accounts for the year ended 31 August 2024
3 Total Resources Expended
| Costs of generating income £ Costs directly allocated to activities Uniform - Wages - Staff Training - Materials & toys - Food & drink - Insurance - External classes fees Rent of premises - Fundraising events 2,101 Support costs allocated to activities Payroll fees - Office costs - 2,101 Costs of generating income £ Costs directly allocated to activities Uniform - Wages - Staff Training - Materials & toys - Food & drink - Insurance - External classes fees Rent of premises - Fundraising events 1,617 Support costs allocated to activities Payroll fees - Office costs - 1,617 |
Costs of generating income £ |
Preschool activity £ |
2024 TOTAL £ |
|---|---|---|---|
| 1,455 187,900 1,164 1,285 2,952 1,367 1,922 10,943 984 4,451 214,422 Preschool activity £ |
1,455 187,900 1,164 1,285 2,952 1,367 1,922 10,943 2,101 984 4,451 216,523 2023 TOTAL £ 1,246 186,596 651 3,236 2,884 1,327 1,670 9,168 1,617 - 960 4,134 213,489 |
||
| 1,246 186,596 651 3,236 2,884 1,327 1,670 9,168 - 960 4,134 211,872 |
Jigsaw Preschool Notes to the Accounts for the year ended 31 August 2024
| 4 Staff Costs and numbers Wages and salaries number of employees Preschool manager Deputy preschool manager Early years assistants |
2024 £ 187,900 2 1 13 16 |
2023 £ 186,596 2 1 14 17 |
|---|---|---|
5 Taxation
The company is a registered charity and is therefore not liable to income tax or corporation tax on funds received and expended on activities covered by its charitable status.
6 Creditors: amounts falling due within one year
| Deferred income Accruals |
2024 £ 36,294 - 36,294 |
2023 £ 22,228 275 22,503 |
|---|---|---|
7 Funds
| Unrestricted Funds General Reserve Total Funds |
Balance at 1 September 2023 £ 51,435 51,435 |
Incoming Resources £ 213,217 213,217 |
Resources Expended £ 216,523 216,523 |
Balance at 31 August 2024 £ 48,129 48,129 |
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