## **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. **----- Start of picture text -----**
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
**----- End of picture text -----**
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| |---|---|---|---|---|