2021-03-31-accounts

Parkwood Pre school CIO,

Deanwood Drive, Rainham, Kent ME8 9LP

Tel: [phone] Email: [e-mail] Registered Charity: 1161834 Manager Mrs. P.M. Cheney

2020/2021

Parkwood Pre-school CIO has been open since 1997 and serves the local residential and surrounding community of Park Wood.

The setting operates from large static units in the grounds of Park Wood School Federation and has an extensive outdoor area, accessed by the children daily, plus a ‘forest area’ which children access for one full day each week.

Children from the age of 2 years attend the setting for a maximum of 15 hours, term time only.

Free ‘Play sessions’ are on offer for children who are not yet 2 and will be starting in the 2year old room and children not yet 3 years old who will be starting in the 3year old room. Children are accompanied by their parent/carer

Session times are 9.00am – 3.00pm and also on offer a ‘Breakfast Club’ starting at 7. 30am and ‘Holiday Club’ six times a year. Both of these are well attended.

2020/21 During this period 150 children were on roll.

Successes

• Extension cupboard area for resources

• Employed extra qualified staff for the 2 yr and 3/4yr old room

• Start and finish times changed so parents/carers do not have contact with lots of school parents beginning and end of the day

Concerns

• Continued pandemic

• Unable to furlough staff due to receiving government funding

• Significant loss of income

Ways forward

• To continue to support the community

PARKWOOD PRE-SCHOOL CIO Financial Statements for the year ended 31st March 2021

Parkwood Pre School Independent examinefs report to the trustees of the Parkwood Pre School for the year ended 31 March 2021 I report on the accounts of the company for the year ended 31 March 2021 which are set out on pages 7tol1. Respe¢tfve responsibilities of trustees and examlner The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 14412) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. l am qualified lo undertake the examination by being a membor of the Institute of Chartered Accourrtants for England and Wales. Having satisfied myself that the charity is not subject to audit under company law and 15 eligible for independent examination, it is my responsibility to.. examine the accounts under section 145 of the 2011 Act. to follow the procedures laid down in the general Dirertlons given by the Charities Commission under section 14515}Ibl of the 2011 Act. and to state whether particular matters have come to my attention. Basis of indepondent oxamin*s ￿port My examination was carried out In accordance with the general directions gwen by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wth those records. It also includes consideration of any unusual items or disctosures in the accounts, and seeking explanatir)ns from you as trustees 0)n￿rnIng any such matters. The Pro￿dUreS undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ue and fair vievl and the report is limited to those matters set out in the ststemenl below. Independent examinerfs statement In connectron my examination. no matter has wme to my attention which gives me reasonable cause to telieve that in any material respect the requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006., and to prepare accounts which accord with the accounting records, comply wth the accounting requirements ol section 396 of the Companies Act 2006 and with the methods and prtnciples of the Statement of Recommended Practice.. Accounting and Reporting by char￿eS have not been met. Jennifer Richardson Chartered Accountant 14th June 2021

Parkwood Pr&School CIO Statement of Financial Activities for the year ended 31st March 2021 Not88 2021 2020 INCOMING RESOURCES Incoming resour¢es from genfrrated funds Voluntary Income 177.770 202,716 Interest received Totsl Incomlng Re80urc88 177 773 203,102 RESOURCES EXPENDED Costs of g•n•rating funds Costs of generating voluntaFy income 193,532 201,403 Total r¢source8 axponded 193,532 201403 NET INCOMING RESOURCES (15,7591 1.699 RECONCILIATION OF FUNDS Balance brought forward 90,038 88.339 TOTAL FUNDS CARRIED FORWARD 74,279 90.038

Parkwood Pre-school CIO Balance Sheet As at 31 March 2021 Notes 2021 2020 Fixed assets Tangible assets 10,737 14,316 Current assets Prepayments Cash at bank and in hand 2,946 62,064 65,010 76,622 76,622 Credltors: amounts falling due within one year {1.468) 1900) Net current assets 63,542 75,722 N9t assets 74,279 90.038 Funds Profit and loss attount 74,279 90,038 Shareholders. funds 74,279 90.038 Chairperson Approved by the board on 15th June 2021

Parkwood Pre-school CIO Notes to the Accounts for the year ended 31 st March 2021 1 Accountlng pollcles Incoming resource8 All incoming resources ar8 included on th8 Statement of Financial Activities when the charty is legally entirfed to the In￿Me and the amount can be quantified with reasonable accuracy. Depreciation Depreciation has been provided at the following rales in order to write off the assets over their estimated useful lives. Plant and machinery 25% reducing balance FundAccounting Unrestricted funds can be used in accordan￿ with the ¢haritable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes wthin the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 2 Inve6tment Income and Management costs 2021 2020 Investment In¢ome Interest receivable 408 Invostment management costs Property repairs 5,507

Parkwood Preschool CIO Notes to the A¢¢ounts for the year ended 31st March 2021 3 Tangible fixod assets Plant aftd machinery etc Cost At 6 April 2020 Additions 29,421 Al 5 April 2021 29,421 D8preclatlon At 6 April 2020 Charge for the year At S April 2021 15,105 18,684 Net book valu• At 5 April 2021 10,737 At 6 April 2020 14,316 4 Dgbto 2021 2020 Other d8blors S Cr•dStorn: amounts falllng due wlthln ona year 2021 2020 Other creditors 1,468 900 900 6 Movoment In funds 2021 Unrestricted Funds At 6 April 2020 Net movement in funds 90,038 115,7591 At 5 April 2021 74,279 Incomlng resources Ro8ource8 expended Movement In funds Unre8trlcted funds General Fund 177,773 1193,532) (15.7591 Totsl funds 177,T13 193532 15,759

Parkwood Pre-school CIO Detailed statsment of financial actlvltles for the year ended 31st March 2021 2021 Unrestricted funds 2020 Unrestrlcted Funds INCOMING RESOURCES Voluntary income Nursery EducatKsn Fund Sessions Breakfast Club Lunch Holiday Club SuThJry income 142,191 19,805 1,106 14,373 156,961 30,479 1,910 12.994 372 295 177,770 202,716 RESOURCES EXPENDED Overheads Nursery Consumables Wage$ and salaries Less reclaim of Nl Contributions staff pensions Staff training and welfare Rent Light and Heat Cleaning Telephone and fax Subscriptions Insurance Depreciation Sundry expenses New build Propety Maintenance Accountancy fees 8,954 156,547 10.521 149,006 19,4171 3.082 1.609 4.750 2,999 1.246 999 220 2.980 4,771 630 22,596 2,063 3,348 201,403 1.751 2,895 1,584 3,836 2.922 948 367 3,372 3.579 310 5.507 *0 193,532 Total resources expended 193,532 201,403

PARKWOOD PRE-SCHOOL CIO Financial Statements for the year ended 31st March 2021

Parkwood Pre School Independent examinefs report to the trustees of the Parkwood Pre School for the year ended 31 March 2021 I report on the accounts of the company for the year ended 31 March 2021 which are set out on pages 7tol1. Respe¢tfve responsibilities of trustees and examlner The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 14412) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. l am qualified lo undertake the examination by being a membor of the Institute of Chartered Accourrtants for England and Wales. Having satisfied myself that the charity is not subject to audit under company law and 15 eligible for independent examination, it is my responsibility to.. examine the accounts under section 145 of the 2011 Act. to follow the procedures laid down in the general Dirertlons given by the Charities Commission under section 14515}Ibl of the 2011 Act. and to state whether particular matters have come to my attention. Basis of indepondent oxamin*s ￿port My examination was carried out In accordance with the general directions gwen by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wth those records. It also includes consideration of any unusual items or disctosures in the accounts, and seeking explanatir)ns from you as trustees 0)n￿rnIng any such matters. The Pro￿dUreS undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ue and fair vievl and the report is limited to those matters set out in the ststemenl below. Independent examinerfs statement In connectron my examination. no matter has wme to my attention which gives me reasonable cause to telieve that in any material respect the requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006., and to prepare accounts which accord with the accounting records, comply wth the accounting requirements ol section 396 of the Companies Act 2006 and with the methods and prtnciples of the Statement of Recommended Practice.. Accounting and Reporting by char￿eS have not been met. Jennifer Richardson Chartered Accountant 14th June 2021

Parkwood Pr&School CIO Statement of Financial Activities for the year ended 31st March 2021 Not88 2021 2020 INCOMING RESOURCES Incoming resour¢es from genfrrated funds Voluntary Income 177.770 202,716 Interest received Totsl Incomlng Re80urc88 177 773 203,102 RESOURCES EXPENDED Costs of g•n•rating funds Costs of generating voluntaFy income 193,532 201,403 Total r¢source8 axponded 193,532 201403 NET INCOMING RESOURCES (15,7591 1.699 RECONCILIATION OF FUNDS Balance brought forward 90,038 88.339 TOTAL FUNDS CARRIED FORWARD 74,279 90.038

Parkwood Pre-school CIO Balance Sheet As at 31 March 2021 Notes 2021 2020 Fixed assets Tangible assets 10,737 14,316 Current assets Prepayments Cash at bank and in hand 2,946 62,064 65,010 76,622 76,622 Credltors: amounts falling due within one year {1.468) 1900) Net current assets 63,542 75,722 N9t assets 74,279 90.038 Funds Profit and loss attount 74,279 90,038 Shareholders. funds 74,279 90.038 Chairperson Approved by the board on 15th June 2021

Parkwood Pre-school CIO Notes to the Accounts for the year ended 31 st March 2021 1 Accountlng pollcles Incoming resource8 All incoming resources ar8 included on th8 Statement of Financial Activities when the charty is legally entirfed to the In￿Me and the amount can be quantified with reasonable accuracy. Depreciation Depreciation has been provided at the following rales in order to write off the assets over their estimated useful lives. Plant and machinery 25% reducing balance FundAccounting Unrestricted funds can be used in accordan￿ with the ¢haritable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes wthin the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 2 Inve6tment Income and Management costs 2021 2020 Investment In¢ome Interest receivable 408 Invostment management costs Property repairs 5,507

Parkwood Preschool CIO Notes to the A¢¢ounts for the year ended 31st March 2021 3 Tangible fixod assets Plant aftd machinery etc Cost At 6 April 2020 Additions 29,421 Al 5 April 2021 29,421 D8preclatlon At 6 April 2020 Charge for the year At S April 2021 15,105 18,684 Net book valu• At 5 April 2021 10,737 At 6 April 2020 14,316 4 Dgbto 2021 2020 Other d8blors S Cr•dStorn: amounts falllng due wlthln ona year 2021 2020 Other creditors 1,468 900 900 6 Movoment In funds 2021 Unrestricted Funds At 6 April 2020 Net movement in funds 90,038 115,7591 At 5 April 2021 74,279 Incomlng resources Ro8ource8 expended Movement In funds Unre8trlcted funds General Fund 177,773 1193,532) (15.7591 Totsl funds 177,T13 193532 15,759

Parkwood Pre-school CIO Detailed statsment of financial actlvltles for the year ended 31st March 2021 2021 Unrestricted funds 2020 Unrestrlcted Funds INCOMING RESOURCES Voluntary income Nursery EducatKsn Fund Sessions Breakfast Club Lunch Holiday Club SuThJry income 142,191 19,805 1,106 14,373 156,961 30,479 1,910 12.994 372 295 177,770 202,716 RESOURCES EXPENDED Overheads Nursery Consumables Wage$ and salaries Less reclaim of Nl Contributions staff pensions Staff training and welfare Rent Light and Heat Cleaning Telephone and fax Subscriptions Insurance Depreciation Sundry expenses New build Propety Maintenance Accountancy fees 8,954 156,547 10.521 149,006 19,4171 3.082 1.609 4.750 2,999 1.246 999 220 2.980 4,771 630 22,596 2,063 3,348 201,403 1.751 2,895 1,584 3,836 2.922 948 367 3,372 3.579 310 5.507 *0 193,532 Total resources expended 193,532 201,403