Registered number CE001171 Charity Number.. 1156432 Shenley Lodge Pre-school Incorporated Charitable Incorporated Organisation Financial Statements 31 August 2023
Shenley Lodge Pre-school Incorporated Financial Statements for the year ended 31 August 2023 Contents Page Charity Reference and Adminislralive Details Trustees. Annual Report 2to3 Slalemenl of Financial Activities Balance Sheet Notes to Ihe Financial Slalemenls 7t010
Shenley Lodge Pre-school Incorporated Charity Reference and Admlnlstratlve Detslls for the year ended 31 August 2023 Truste9$ Constantine Makris Sarah-Jane Lousie Nicholls (Chairl Ruth Stockdale Caryn Winter Accountants Nicholas Peters & Co Limited 2nd Floor 10-12 Bourlel Close London W1W78R Bankers Natwesl Unit$ 164-166, Midsummer Arcade Centre Milton Keynes MK9 38A Reglstered office The Meeting Place 5 Faraday Drive Milton Keynes MK5 5DE Rggistgrod number CEOOI171
Shenley Lodge Pre-school Incorporated Trust8es' Annual Report for the year ended 31 August 2023 ThÈ trusiees present their report and the financi31 stalernents of the charity lor the year ended 31 August 2023. The trustees have adopted the prowsion of the Slalemenl of Recomtnènded Praciits ISORPI Accounting and Reporting by Charities" IFRS 1021 in prepariny the annual report and fin9rla1 stsiemenis ol the chalily. The financial statements have been ppared w) accordance with Ihe accounting poliCS sel out in notes lo the accounts and comply th the charivs governing dotvmenl. the Ch8ri1iès Act 2011 and Accounting and Repoding by Charities-. Slalernenl of Recommended Practi applicable lo charities preparin9 their accounts in ae¢ordanc8 wlh lh6 Finanryd Rerporbng Slandaids applItAb In Ihe UK and Republi¢ of lts18nd published on Oclober 201915econd edition). Trustees of the charity The Iruslee5 of the charitable incorporated organi5ation are ils Irusiees for the purposes of tharity law. The Irusiee8 Trhtto have Served during the yèar and slnce the year end are named on page 1. Namè, regl8torod offico and registration numbèr of tho Charlty The fum name ol the Charity 15 Shenley Lodge Pre-school Incorporated The legal regislralv)n de13ils are The Reyislered Office is Faraday Driv8 Shenley Lodge. Milton KeyrEs MK5 7DE Charily Regi5traliM Nurnber 1156432 ObloCtIv05 and activitlg5 The Charity is governed by Its Constitution under the Pre-school LÈarnin9 Mlianc8. lis obJ8Cts are.. lo enhance the development 8nd education of children pnmarily under slalulory school age by encoura9ing parents lo understand and prDvHle for need of their children through community groups. lo provide a Safe. secure and slimulaling environment. - 10 work wlhin a framework that ensures equality of opportunity for all children and families. The Charity continued io provide high qualty Ca and Èducation for children under stalulory school age in safe, secure and slimulaling environment. The Iru$tee$ have had regard lo CCICCNl$ guidancè on publlc benefit. Achlevemonts and performance Charity &chieved an adulvchild ratio of 1 5 during thè year which is well belowthe legal qUIreMent of 1..6. The pre-sthool has been run al les8 than capauty for the school year lor both moming and afternoon ses*ons. Staff seek training and development 10 su$laln children's needs in variou5 activilEs such as music. photography, behavioural manag8menl kading Ihem through and helping build and achKve thrgO?1$. The Charity operates lunch dub farylily has Incre8$ed from 2110 29 children per day over the year and give5 an opportunity for chikjren ie Improve essential social skills by Socialising durin9 lunch. 11 is supervised by rnanagem8nl tearn members. Staff numbers have fallen during Ihe year from 8 10 4 employees From January 2023 8 m8nager is conslanlty in the room wlh the children. Additional a¢ii¥ilies for children include parties al Chrislmas. Easter and al the end of the year. Flnanclal Rwl The siaièmem of financial activities lor Ihe period 15 sei oul on page 6 of the finanual 51alemenls. The trustees are oplimislic ihal the follovthng yeèrs wll gen8rale more nel Incoming resourts$. stru¢tur8, govwnance and managornènt The charity 1$ 8 ch8ri1able Incorporaled organisalion and was registered on 26 March 2014. The Iruslees seTved during the period are tletailed on page 1. The current trustees decide on the appoinlmenl of new Iruslees. New Iruslee5 are proposed by the exisling trustees and ale appointed ai Annual General MeelirvJ. The Chair is Sarah Nichols.
Shonley Lodge Pre-school Incorporated Trustees. Annual Report for the year ended 31 August 2023 Rlsk R¢vlew Thè Iruslee5 aclwely rewew the major risks faced by the Charity and confirm thai they have eslablished $yslem8 10 miligate the significant risks. FUre developm¢nts The pre-school inlends lo run al lull ¢apacily for the school year of 38 weeks for morning and aftemoon se$$ions wilh future plan to increase nvmber of children admitted lo the pre.5¢hool. Resérvè policy The policy ol the trustees is lo Continue lo rnainlain unrestricted reserves ai a reasonable level lo fulfil the objects ol the Charity and allow il to make support in Ihe following year. The Iruslèes have decided that the Charity should have minimum resèrves 01 £15,000. As at 31 Au9U$t 2023 readily accessible free reseNes of the Charty were £111.154 as shown in Balance Sheet. Trustèes, re$ponslbilitsas The trusiees of Shenley Lodge Pre-school Incorporated lor the purposes of eompany lawl are responsible for preparing the Trustees, Annual Rèport and Ihe financial slalements in aceordance with applieable taw and Uniled Kiwdom Accounting Standards (United Kingdom Generatty A¢¢epted Accounting Praclicel. Law applicable lo Charilies in England and Wales requires the trustees prepare accounts lor each fnanCIal year which give a true and lair wew ol the $late of affairs of the CharilY$ finanri81 Bctiwties durin9 the year and of it5 finan¢ial posilion al Ihe end ol Ihe year. In preparing those 8¢counls. Ihe trustees are requiied to.. -select suitable accounting policies and Ihen apply them consistenlty.. .make judgements and estimates Ihal are reasonable and prudent.. -stale whether applicable acccunling standards and stalemenls ol recornmended praclLCe have been folled, subjed to any departures disclosed and explained in the accournts," and "prepare the 8ccounls on the going concern basi5 unless it 1$ appropriaté lo presume Ihal Ihe Charity will ttjntinue in business, The trustees are responsible lor maintaining proper aceounling records which disclose with reasonable accuracy at any lime Ihe financial position ol the Charity and to enable them to ensure that tha accounts ¢omply with Ihe Charities Act 2011. They ar$ also responsible for safeguarding the assels ol the Charity and hence for taking reasonable stèps lor Ihe prevention and detection of fraud and other irr$9ularities. This report was approved by the board on 6 February 2025 and signed on ils behalf. onstantin• Makri Twstee
Shenley Lodge Pre-school IncorpoTated Independent Examiner's Report to the Trustgas of for the year ended 31 August 2023 I report on the financial statements of the company for the year ended 31 August 2023, which are sel out on pages 5 10 10. Respectlve responslbllltl&s of trustees and examiner The Iruslees (who are also the directors of the company for the purposes of the company lawl are responsible for the preparation of the accounts. The Iruslees consider that an audit is not required for this year under seclDn 144121 of the companies Act 2011 Ilhe 2011 Acll and that an independent examination is needed. Having satisfied myself that the charity is not subject lo audit under company law and is eligible for independent examination. il is my responsibility lo.. examine the accounts under section 145 of the 2011 Act., lo follow the procedures laid down in the general Direction5 given by the Charrty Commission under section 14515llbl of the 2011 Act.. and lo stsle whether particular matters have come lo my attention. Basls of Ind&pendent 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 comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the financial slalemenls, and seeking explanations from you as Iru51ees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a 'lrue and fair view, and the report is limited lo those matter5 sel out in the statement below. Ind8pond8nt oxaminerfs statement I have completed my examination. I confirm that no material mallers have come to my attention in connection with the examination giving me cause lo believe that in any material respect". accounting records were not kept in respect of the Trust as required by section 130 of the Charities Act 2011 and section 388 of the Companies Act 2006". or the accounts do not accord with those records., or the accounts do not Comply with the applicable requirements ¢on¢erning the form and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 Dlher than any requirement that the accounts give a 'lrue and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. Andrew Georgiades FCCA Independent Examiner Nlcholas Peters & Co Limited 2nd Floor 10-12 Bourlet Close London W1W 7BR 06 Febrnary 2026
Shenley Lodge Pre-school Incorporated statement of Financials Activitie5 forthe year ended 31 August 2023 Unrestricted funds 2023 Unrestricted funds 2022 Notes In¢ome Total Income from a¢livilies 90,436 1 $9,750 Total Income 90.436 159,750 Expenditure on.. Expenditure on activities 1137,1711 1174,01 n Net expgndlture 146,7351 114,2671 Reconclllatlon of funds: Total funds brought forward 157,889 172.156 Total funds carried forward 111,154 157,889 All income and expenditure derive from continuing aclivilies.
Shenley Lodge Pre-school Incorporated Balance Sheet Notes 2023 2022 Current assets Debtors Cash at bank and in hand 5,891 106,784 112,675 3,201 157.933 161.134 Creditors.. amounts falling due within one year 1,521 3,245 Net current assets 111,154 157,889 Net assets 111,154 157,889 Charity funds Unrestricted funds 111,154 157,889 Total charlty fund$ 111,154 1 $7,889 Signed Dn behalf of the board of trustees. Constantina Makris Trustee 06 February 2025 The notes on pages 7 to 10 fom part of these financial slalemenls. CIO registration number.. CE001171
Shenley Lodge Pre-school Incorporated Notes to the Financial Statements for the yaar ended 31 August 2023 1 Summary of significant accounting policiès lal General infomiation and basls of preparation Shenley Lodge Pre-school Incorpor81ed Limit8d is a charitable incorporated organi5ation inGotpoiated in England. The addiess of the registered office is given in the charity infoirnation on page 1 of these financial statements. The nature of the charitls operations and piincipal activities are as set out in thè Trustees, annual report on page 2 01 these financial statements. The charty constitutes a public benefit entity 8$ definèd by FRS 102. The financial statements have been prepared in accordance with Accounting and Reportillg by Charilies". Statement of Recommended Practice 8pplicable to charities preparing their au1$ in accordance with the Financial Reporting Standard applioblè in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 las updated through Updat8 Bulletin 1 published on 2 February 20161, the Gharities Act 2011, and the UK Generally Accepted Piaclioo. The finAncial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statemènts are presented In sterling which is the functional cuireney ol the charity and are rounded lo the nearest pound. The significant accounting policies applied in the preparation of these financial ststements are sel out below. These polKies have been consistently applied to all years presented unless otherwise Stated. Ibl Funds Unrestricted funds are av8ilèble lor use at the discretion of the tru8lees in furtherance of the general objectr'ves of the charity and whith have not been designed for other purposes. Icl Recognition of In¢omlng resources For donations to be recognised the charily will have been notified of the amounts and the settlement dale in writing. If there are conditions attached lo the donation and this requires a level of performance before enlillement ran be obtained then income is deferred until those conditions are fully met or the lulfilment of those conditions Is within the contrd of the charity and It 15 probable that they will be fulfilled. No amount is induded in the fin8nei81 statements for volunteer time in line with the SORP IFRS1021. Further detail is given in the Trustees, Annual Report. Incorne from trading activities includes income eamed from fundraising events and trading activities to raise funds for the charity. Inwmè is retsived in exchange of services provided in order to raise funds and is recognised when entitlement has occurred.
Shenley Lodgg Pre-school Incorporated Notgs to the Financial Statements for the yèar ended 31 August 2023 Idl Expenditure reeognltlon All expenditure is accounted for on an arLrua15 basis and has been dasSifd under headings that aggiegate all costs related lo the category. Expenditure is recognised where there is 8 legal or constructive obligation to make payments lo third parties, il is probable that the settlement will be required and the amount of the obligation be measured reliably. 11 is categorised under the following heading5.' Costs of raising funds includes expenditure incurred foi obtaining gifts and donations. Expendiluie on charbtable activities includes expenditure Incurr8d in organising charity events. Other expenditure represents those ilerns not falling into the categories above. Gr8nls payable to third parties are within the ¢haritable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is nolifi6d of the grant, as this give5 rise to reasonable expectation that the tspiernt will receive grants. Where grants are conditional relating to performance then the grant is onty 8¢uved when any unfulfilled Condit)n$ are outSKle of the ¢wtrol ol the charty. lel Expenditure on activlties Expenditure on activrties are those that a58181 the work of the charity and indude w89es, Offi ctssts and governance costs. They are incuried directly in support of expendrtuie on the objects of the charily. Fund raising costs are those IncUrrt in seeking vduntary contributions and do not Include the costs of disseminating information in support of the charitable activities. Th& analysis of these costs is included in note 3. lfj Taxation The charity is an exempt charity within the meaning of Schedule 3 of the Charities Act 2011 and is considered lo pa53 the tests set out in Finance Act 2019 and therèfore is meets the definition of a charitable incorporated organisation for UK corporation lax purposes. Igl Goin9 Cone•m The financial statements have been prepared on a going conr basis 85 the trustees believe that no material uncertainties èxist. The trustees have considered the level of funds held and the expected level of incom8 and expenditure for 12 months from auth0ri5ing these fin8n(ial statements. The budgeted incomtr and expenditure is sufficient with the level of reserves ft)r the charity to be able to continue as a goin9 concem. Ihl Judgements and key sources of estimation uncertalnty No judgements 18part from those involving estimate51 have been made In the process of applwng the above accounting policies that have had the most significant effect on amounts recognised in the financial statements. No key assumptions cotTrcerning the future and other key sourTrs of eslimab.on uncertainty at the reporting date that have a si9nfficant risk of causing a material adjustrnenl to the earrying amounts of asset5 and liabilities within the next financial year.
Shgnley Lodge Pre-S¢hool Incorporated Notes to the Flnancial Statements for the year anded 31 August 2023 2 Activitlas 2023 2022 Council Funding Fundraising events School Fe8s Other income Interest received 69.494 397 19,898 30 617 122,807 447 34,822 1,842 32 90,436 159.750 Income from a fundraising event was £39712022- £4471 which was atlributable lo unrestricted fund5. 3 Expenditure on aetfvitlès 2023 2022 Staff Cost". Wage5 EmpSoyerfs Insuran Pension Staff training and welfare 119,916 {10.7201 2,449 1,253 112,898 131,23S 2,945 2.843 1.871 138,894 Other Co$t'. Rent Bad debts B8nk Charges Repiais and Maintenan Insurance Software Consumables SubscriptK)n Printing, posl8g¢ and stationery Telephone and fax Othe legal and profes510nal Accountancy fees 12,650 11.402 123 108 9,483 1.163 1,520 6,704 854 85 1.124 313 3,244 36.123 120 620 2,502 583 2.220 3.215 393 1.270 162 2,244 25,979 Totsl expenditure on activities 138,877 175,017 4 Trustees. and key manag•m•nt p•rsonnel remuneration and expans•s The tnjstees received thé following remuneration during the year. Ruth Stockdale- £28,670 2023 2022 Tiade debtors Other debtor$ 75 5,816 5,891 899 2.502 3,201
Shenley Lodge Prg-S¢hool Incorporated Notes to the Financial Statements for the year ended 31 August 2023 S Creditors.. amounts falling due withln one year 2023 2022 Pension payable Accrulas 321 1,200 1,521 2,400 3,245 6 Fund reconciliation All funds are unrestricted funds. 7 Related party There were no related party tr8n$a¢tions during the year other than 8laled in note 4. 8 Pla¢e of business The Meeting Place 5 Faraday Drive Miltod Keynes MK5 5DE 10