Shilburn Road, Allendale, Hexham, Northumberland, NE47 9PT Tel: (01434) 683042 Email: allendalepreschool@googlemail.com 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| 2 **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 3 **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. 4 **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 5 **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 6 **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 7 **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| 8 **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) 9 **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 10 **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| 11 **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| 12 **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 13 **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| 14 **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| 15 **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 (ged.henderson@countingnorth.co.uk) Status: Signed Transaction ID: CBJCHBCAABAACT-T7hXnxsIWe_oUx8YOjOcQTyuupiLX ## "Allendale Pre School 31 08 24 Accounts" History Document created by Ged Henderson (ged.henderson@countingnorth.co.uk) 2025-06-27 - 1:22:59 PM GMT- IP address: 217.23.224.20 Document emailed to Cornelis van der Land (treasurer.allendaleps@gmail.com) for signature 2025-06-27 - 1:23:05 PM GMT - Email viewed by Cornelis van der Land (treasurer.allendaleps@gmail.com) 2025-06-27 - 1:56:58 PM GMT- IP address: 66.249.93.233 - Document e-signed by Cornelis van der Land (treasurer.allendaleps@gmail.com) Signature Date: 2025-06-27 - 1:58:05 PM GMT - Time Source: server- IP address: 88.97.140.170 Document emailed to Ged Henderson (ged.henderson@countingnorth.co.uk) for signature 2025-06-27 - 1:58:07 PM GMT - Email viewed by Ged Henderson (ged.henderson@countingnorth.co.uk) 2025-06-27 - 1:58:28 PM GMT- IP address: 217.23.224.20 - Document e-signed by Ged Henderson (ged.henderson@countingnorth.co.uk) 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