2024-08-31-accounts

Shilburn Road, Allendale, Hexham, Northumberland, NE47 9PT Tel: [phone] Email: [e-mail] Web: www.allendalepreschool.co.uk Charity no: 1158782

ALLENDALE PRE-SCHOOL

TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

Contents	Page
Charity information	3
Trustee’s report	4
Examiner’s report	7
Statement of financial activities	8
Balance sheet	9
Notes to the financial statements	10
Detailed income and expenditure account_(for management_
purposes only)	16

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

CHARITY INFORMATION

Charity registration number

1158782

Address

Happy Days, Shilburn Road, Allendale, Hexham, Northumberland, NE47 9PT

Trustees

David Reid (appointed 23 January 2024)

Emma Jobson

Kathleen Forsyth

Cornelis Van Der Land

Rebecca Van Der Land

Independent examiner

Counting North, Salvus House, Aykley Heads, Durham City, Durham, DH1 5TS

Bankers

Barclays Bank plc, Jenkins House, Bishop Auckland, DL14 7TH

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

TRUSTEES REPORT

Introduction

The trustees of the charity submit their annual report and financial statements of Allendale Pre-school for the year ended 31 August 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and we confirm that they comply with the requirements of the Charities Act 2011, the constitution and the Charities SORP (FRS102)

Legal Status

The charity is registered as a Charitable Incorporated Organisation, charity number 1158782, under its constitution dated 6 October 2014.

Method of Appointment of Trustees

The appointment of trustees is governed by the constitution and is based on the election by members at the AGM. Prior to appointment as trustees all candidates must pass the relevant disclosure and barring service (DBS) checks.

Objectives

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 and by:

• a) Offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability;

• b) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas;

• c) Instigating and adhering to and furthering the aims and objects of the Preschool Learning Alliance.

Summary of Main Activities

Prevention or relief from poverty:

By provision of low cost and accessible early years education to local residents. This also helps make employment more viable for parents of young children. The preschool provides a local platform for parents to take advantage of government funding for early years education. It is likely that less well off families would be unable to use this funding if they had to travel to the nearest other early years providers which are at some distance.

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

The advancement of education:

By provision of early years education.

The advancement of health:

By provision of information about healthy living and exercise and outdoor activity for young children.

The advancement of citizenship or community development:

The management committee of the preschool is composed of local volunteers who gain experience in funning a community organisation. Training is provided in areas such as child safeguarding. Frequent fundraising events involve the wider community.

All committee members, at induction, are provided with information regarding the charitable status of the organisation. The charitable aims of the organisation are considered at all committee meetings.

Achievements and Performance

We have continued to build our strength of an excellent community provision by working closely with local families, Allendale Primary School and the Local Authority. All staff have received additional training to enhance their skills and knowledge so that we always have the right resources to give the children the best opportunities to learn and develop. This will hopefully ensure the continuity, and build on, the ‘good’ OFSTED rating achieved on last inspection.

Financial Review

It has continued to be very difficult and testing following significant increases in heating and lighting costs and external factors impacting on the cost of living crisis. Due to these factors which are substantially out of our control we report an overall decrease in net income for the period which amounted to £1,338 (2023 increase of £1,782). This is within the aims of the charity and is testament to the continued efforts of the staff and trustees.

Income from charitable activities has decreased by £1,257 or 1.3% on the previous year. We received no grant funding during the year. Fundraising events were fairly successful and income generated was £914, a decrease of £676 on the 2023 figure.

Resources expensed continue to be closely monitored. Total resources expensed for the year have increased from £96,469 in 2023 to £104,812 in 2024, however this is largely due to increases in staff salaries and the external problems detailed above.

The aim of the charity is to at least be at a break-even point at end of year. We aim to do this by constantly reviewing our outgoings such as telephone, broadband and electricity and increasing fundraising. Areas have been identified where costs can potentially be saved which will further improve the financial position of the charity. We will also review the charge for providing care on a regular basis and increasing if necessary, but doing this within the aims of

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

providing affordable childcare.

Reserves Policy

Historically the policy has been to try and keep reserves equivalent to a year’s salary for the staff, however this is not viable, particularly in the current economic climate, so it has been decided to review the policy with a view to working towards keeping sufficient reserves to maintain the building and renew the play equipment as and when needed.

Statement of Trustees Responsibilities

The trustees are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charity SORP;

• make judgements and estimates that are reasonable and prudent;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

On behalf of the Board of Trustees

Cornelis Van Der Land

27 June 2025

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF ALLENDALE PRE-SCHOOL

I report to the trustees on my examination of the accounts of Allendale Pre-School (the Charity) for the year ended 31 August 2024.

Responsibilities and basis of report

As the charity trustees of Allendale Pre-School you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of Allendale Pre-School as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true 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 to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

gee

Mr Gerald Henderson FCCA ACA ATT Counting North Salvus House Aykley Heads Durham City Durham DH1 5TS

27 June 2025

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

STATEMENT OF FINANCIAL ACTIVITIES

Notes Incoming resources Donations and legacies 2 Charitable activities 3 Investment income 4 Total Resources expensed Charitable activities 5 Other 6 Total Net (expenditure)/income Transfers Total funds brought forward 11 Total funds carried forward 11	Unrestricted Funds 2024 £ Restricted Funds 2024 £ Total Funds 2024 £ Total Funds 2023 £ 1,014 - 1,014 1,690 95,218 - 95,218 96,475 681 - 681 86
	96,913 - 96,913 98,251
	103,762 - 103,762 95,509 1,050 - 1,050 960
	104,812 - 104,812 96,469
	(7,899) - (7,899) 1,782 - - - - 46,570 6,055 52,625 50,843
	38,671 6,055 44,726 52,625

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

BALANCE SHEET

	Notes	Unrestricted	Restricted
		Funds	Funds	Total	Total
		2024	2024	2024	2023
		£	£	£	£
Fixed assets
Tangible assets	9	6,304	-	6,304	8,451
Current assets
Debtors and
prepayments		675	-	675	1,608
Cash at bank and in
hand		43,211	6,055	49,266	53,731
		43,886	6,055	49,941	55,339
Creditors: amounts due
within one year	10	11,519	-	11,519	11,165
Net current assets		32,367	6,055	38,422	44,174
Total assets less current
liabilities		38,668	6,055	44,726	52,625
Charity funds
Unrestricted funds	11	38,671	-	38,671	46,570
Restricted funds	11	-	6,055	6,055	6,055
		38,671	6,055	44,726	52,625

The financial statements were approved by the Trustees on 27 June 2025 and signed on their behalf by:

Signature:

Cornelis Van Der Land (Trustee)

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

NOTES TO THE FINANCIAL STATEMENTS

1. Accounting Policies

1.1 Basis of preparation of financial statements

These financial statements have been prepared under the historic cost convention and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and the Charities Act 2011.

1.2 Incoming resources

All incoming resources are included in the Statement of financial activities when the charitable company is legally entitled to the income, and the amount can be quantified with reasonable accuracy.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charitable company where this can be quantified, and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers.

Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognised where there is no financial cost borne by a third party.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

1.3 Resources expended

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributable to particular activities, they have been allocated on a basis consistent with the use of the resources.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

NOTES TO THE FINANCIAL STATEMENTS

of the charitable company. Governance costs are those incurred in connection with administration of the charitable company and compliance with constitutional and statutory requirements.

1.4 Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office and play equipment – 20% reducing balance to 33% straight line

Property improvements – 10% straight line

2. Donations and legacies

Donations and gifts Fundraising Total	Unrestricted funds 2024 £ Restricted funds 2024 £ Total funds 2024 £ Total funds 2023 £ 100 - 100 100 914 - 914 1,590
	1,014 - 1,014 1,690

3. Charitable activities

Local authority nursery fees Private nursery fees Total	Unrestricted funds 2024 £ Restricted funds 2024 £ Total funds 2024 £ Total funds 2023 £ 74,683 - 74,683 75,438 20,535 - 20,535 21,037
	95,218 - 95,218 96,475

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

NOTES TO THE FINANCIAL STATEMENTS

4. Investment income

Interest received Total	Unrestricted funds 2024 £ Restricted funds 2024 £ Total funds 2024 £ Total funds 2023 £ 681 - 681 86
	681 - 681 86

5. Expenditure on charitable activities

Staff salaries Staff pension Training Catering Teaching and play materials Insurance Rates and water Heat and light Repairs and renewals Cleaning Telephone, postage and stationery Legal and professional Sundry Travel Interest payable Depreciation Total	Unrestricted funds 2024 £ Restricted funds 2024 £ Total funds 2024 £ Total funds 2023 £ 76,987 - 76,987 72,052 1,177 - 1,177 1,123 792 - 792 180 6,522 - 6,522 3,467 2,291 - 2,291 4,017 938 - 938 921 925 - 925 1,025 4,940 - 4,940 4,022 1,654 - 1,654 2,185 - - - 357 1,425 - 1,425 816 2,554 - 2,554 2,076 925 - 925 988 485 - 485 - - - - 94 2,147 - 2,147 2,186
	103,762 - 103,762 95,509

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

NOTES TO THE FINANCIAL STATEMENTS

6. Other expenses

Examiners fees Total	Unrestricted funds 2024 £ Restricted funds 2024 £ Total funds 2024 £ Total funds 2023 £ 1,050 - 1,050 960
	1,050 - 1,050 960

7. Fees for examination of the financial statements

Examiners fees Accountancy, payroll and other non-assurance fees Total	Unrestricted funds 2024 £ Restricted funds 2024 £ Total funds 2024 £ Total funds 2023 £ 1,050 - 1,050 960 217 - 217 559
	1,267 - 1,267 1,519

8. Staff costs

Staff salaries Social security costs Pension costs Total	Unrestricted funds 2024 £ Restricted funds 2024 £ Total funds 2024 £ Total funds 2023 £ 76,987 - 76,987 72,052 - - - - 1,177 - 1,177 1,123
	78,164 - 78,164 73,175

No employees received employee benefits for the reporting period of more than £60,000

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

NOTES TO THE FINANCIAL STATEMENTS

Average headcount in the year Fundraising Charitable activities Governance Total	Total 2024 Total 2023 - - 10 7 - -
	10 7

9. Tangible fixed assets

Cost As at 1 September 2023 Additions As at 31 August 2024 Depreciation As at 1 September 2023 Charge for the year As at 31 August 2024 Net book value As at 31 August 2024 As at 31 August 2023	Property improvements Office and play equipment Total
	7,510 28,842 36,352 - - -
	7,510 28,842 36,352
	1,129 26,772 27,901 751 1,396 2,147
	1,880 28,168 30,048
	5,630 674 6,304
	6,381 2,070 8,451

10. Creditors amounts falling due within one year

Accruals and deferred income Other creditors	2024 £ 2023 £ 2,394 2,043 9,125 9,122
	11,519 11,165

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

NOTES TO THE FINANCIAL STATEMENTS

11. Analysis of funds

UNRESTRICTED FUNDS General funds RESTRICTED FUNDS Property fund Total	Brought forward Incoming resources Resources expended Transfers in/out Carried forward £ £ £ £ £ 46,570 96,913 (104,812) - 38,671
	6,055 - - - 6,055
	52,625 96,913 (104,812) - 44,726

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ALLENDALE PRE-SCHOOL YEAR ENDED 31 AUGUST 2024

DETAILED INCOME AND EXPENDITURE ACCOUNT (FOR MANAGEMENT PURPOSES ONLY)

Incoming resources Charitable activities Donations Fundraising events Interest received Total income Resources expensed Staff salaries and pension Training Catering Teaching and play materials Insurance Rates and water Heat and light Repairs and renewals Cleaning Telephone, postage and stationery Legal and professional Independent examiners fees Sundry Travel Interest payable Depreciation Total expenditure (Deficit)/Surplus for the year Funds brought forward Funds carried forward	Total Funds 2024 £ 95,218 100 914 681	Total Funds 2024 £ 96,913 104,812	Total Funds 2023 £ 96,475 100 1,590 86	Total Funds 2023 £ 98,251 96,469
	78,164 792 6,522 2,291 938 925 4,940 1,654 - 1,425 2,554 1,050 925 485 - 2,147		73,175 180 3,467 4,017 921 1,025 4,022 2,185 357 816 2,076 960 988 - 94 2,186
		(7,899) 52,625		1,782 50,843
		44,726		52,625

16

Allendale Pre School 31 08 24 Accounts

Final Audit Report

2025-06-27

Created: 2025-06-27 By: Ged Henderson ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAACT-T7hXnxsIWe_oUx8YOjOcQTyuupiLX

"Allendale Pre School 31 08 24 Accounts" History

Document created by Ged Henderson ([e-mail])

2025-06-27 - 1:22:59 PM GMT- IP address: 217.23.224.20

Document emailed to Cornelis van der Land ([e-mail]) for signature 2025-06-27 - 1:23:05 PM GMT

• Email viewed by Cornelis van der Land ([e-mail])

2025-06-27 - 1:56:58 PM GMT- IP address: 66.249.93.233

• Document e-signed by Cornelis van der Land ([e-mail])

Signature Date: 2025-06-27 - 1:58:05 PM GMT - Time Source: server- IP address: 88.97.140.170

Document emailed to Ged Henderson ([e-mail]) for signature 2025-06-27 - 1:58:07 PM GMT

• Email viewed by Ged Henderson ([e-mail]) 2025-06-27 - 1:58:28 PM GMT- IP address: 217.23.224.20

• Document e-signed by Ged Henderson ([e-mail]) Signature Date: 2025-06-27 - 1:59:04 PM GMT - Time Source: server- IP address: 217.23.224.20

Agreement completed.

2025-06-27 - 1:59:04 PM GMT