2023-03-31-accounts

Parkwood Pre school CIO,

Deanwood Drive, Rainham, Kent ME8 9LP

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

2022/23 Report

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. Also on offer a ‘Breakfast Club’ starting at 7. 30am and ‘Holiday Club’ six times a year.

2022/23 During this period 98 children were on roll.

Successes

• Outside of the buildings painted

• New signage

• External notice boards x2

• Improved outside area for 2 year olds

• Astro turf replaced 3 /4 year old outside area

• Roof Sky lights replaced

• Large shed flooring replaced/painted outside/guttering

• New path to the 2yr old entrance

Concerns

• Roof on both units-some leakage

Ways forward

• Extra board outside for parents Safeguarding information

PARKWOOD PRE-SCHOOL CIO Financial Statements for the year ended 31 st March 2023

Parkwood Pre School CIO Indepondenl examinerfs report to the trustees of the Parkwood Pr• S¢hool for the year ended 31 March 2023 I report on the accounts of the company for the year endéd 31 March 2023 vffiich are set out on pages 2 to 6. Rospo¢tiv6 responsibilities of trustees and examiner The tru$lees awe ￿sponSible for the preparation of the accounts. The trustees consider that an audit is n¢1 required for this year under section 144(21 of the Charrties Act 2011 {the 2011 Act) and that an independent examination is ne¢d¢d. l am qualified lo undertake the examination by being a member ofthe Inslrtute of Chartered Accountsnts for England and Wales. Having 8atislied myseLf that the charty is not subject to audit under company law and is e1￿ible for independent examination. it is my responsibilty to.. examine the accounts under sedon 145 of the 2011 Art to lollow tha procedures laid down in the general Directions given by the Charities Commi$$ion under section 14515llbl of the 2011 A¢l', and to $tstg byhether particular matters have come to my attention. 8asi8 of Indepondent examinets report My examination was carried ¢xJt in accordance with the general directions glven by the Charty Commission. An examination includes a review ol the accountin9 ￿COrdS kgpl by thè charity and comparlson of the accoLsnts presentad with those racords. It also includes conSiderat￿n ol any unusual ftems or disclosures in the accounts. and seeking explanats.ons from you a5 trustees conceming any su¢h matter$. The procedures undertaken do not provide all the evidence that would be requifftd in an audit and consequently no ¢pinion is given 8$ to wh¢th¢r the a¢eounts present a 'true and fair ¥iev/ and the report is limited to those matters set out in the statement below. Indep•nd•nt •x#minerfs statement In connection wth my èxaminab"on. no matter has come to my attention which gives me reasonable Cause to believe that in any material respe¢l the ￿qUIrements.. to keep accountin9 rècords in accordance with section 386 of the Companies Act 2006., and to Prepa￿ accounts which accord with the ac¢o>unb"ng records, Comply wlh the accounb.ng requiremènts ef section 396 of the Companies Act 2006 and wth the methods and principles of the Statement of Recommended PradKe'. Accounbng and Reporting by Charrt*s have not been met. Jenniler Richard$on Chartered Accountsnl 7th June 2023

Parkwood Prè-school CIO statement of Financi81 Activltles for tho year •nded 31st March 2023 Nots¥ 2023 2022 INCOMING RESOURCES Incoming r8sour¢•s from g•noratsd funds Voluntary Income 227,867 214,822 Interest ￿ee1Ved 60 Total In¢omlng Rosourcès 227,927 214,827 RESOURCES EXPENDED Costs of generatlng fund5 Costs of generating voluntary income 243,395 217,023 Totsl rosourc•8 èxpended 243,395 217,023 NET INCOMING RESOURCES 115,468> 12,196) RECONCILFATION OF FUNDS Balance broL¥Jht forward 72,083 74,279 TOTAL FUNDS CARRIED FORWARD 56,615 72,083

Parkwood Pr•4chool CIO Balance Sheet As at 31 March 2023 Notes 2023 2022 Fixed assots Tangib￿ assets 15,345 9,106 Curront assots Prepayments Cash at bank and in hand 4,636 4.314 Is ALSO INCLVSi¥E Q, Q 38,527 43,163 60,377 64,691 Credltor¥: amounts falllng due within year SAVItr4(>S {1,8931 11,714) Net current assets 41.270 62,977 Net assets 56.615 72,083 Funds Profit and lo$s account 56,615 72,083 8hareholdgrs' funds 56,615 72,083 Chair￿rson Apkyoved by the board on 7th June 2023

Parkwood Pre-school CIO Notes to the Account8 for the yoar ended 31sl March 2023 1 Accountlng policios Incoming rnsources All incoming msourcts are included on the St*ement ol Financial Activtties when the charity is legally enb.lled to the income and tha amoLsnt can ￿ quants'fied with reasonable a¢cur8¢y Depreciation Depreciation has b88n provided at the following r8te$ in order to write off the assets over their e8b"maled useful lives. Lèasehold Improvements Plant and machinery 20% straight line 25% ￿dUCIng balance FundA¢¢ounting Unrestrictsd funds can be used in accordance with charitable objectives at the discretion of the trustees. Restri￿ed funds can only ba LJ8ed for particular restricted purposes within the objects of thè chafty. Re$trith"ons arise when spe¢ified by the donor or when funds are raised for parti¢ular restricted purpgse$. 2 Investment Income and manag•m￿t costs 2023 2022 Investmènt incomg Interest receivable 60 Investment managemont ￿$ts Property repairs 17,795 8,357 LL NE

Parkwood Pre-S¢hool CIO Notes to the Accounts for the year onded 31st March 2023 3 Tanglbl• fix￿ assets Le￿hOld Improveme Plant and machinery etc Totsl Cost At 1 April 2022 Add￿On3 At 31 March 2023 30,825 8.581 39,406 30.825 11,181 42,006 2,600 2,600 D•pr•clation At 1 April 2022 Charge for the year At 31 March 2023 21,719 4.422 26,141 21,719 4,942 26,661 520 520 Net book value At 31 March 2023 2.080 13,265 15,345 At 31 March 2022 9,106 9106 4 Debtor¥ 2023 2022 other debtors 4,636 4,314 5 Credltorn: amounts falllng du• within ong year 2023 2022 Other creditors 1,893 1,468 1,714 900 6 Movom8nt in funds 2023 Vnro8trlcted Funds At 1 April 2022 Net movement in fvnds 72.083 115,4681 Al 31 March 2023 56.615 Incoming rosour¢ ResourcBs oxpen((ed Movomont in funds UnTgfjtrictod fund$ General Fund 227,927 1243,395) 115.4681 Total funds 227,927 rknv4A .

Parkwood Pre-school CIO Detsiled statement of flnanclal actlvltle8 for the year ended 31st March 2023 2023 Unrestrictsd funds 2022 Unrestrictsd Fund$ INCOMIMG RESOURCES Voluntary in¢ome Nursery Education Fund Sessions Sundry income 154,283 73,084 500 227,867 146,992 67.516 314 214.822 RESOURCES EXPENDED Ov•th•ads Nursery consumables Wagès and salaries Staff pen$itins Staff training and welfare Travel expenses Rent Light and H&at Cleaning Tèlephone and fax Subscriptions Marketing Printing and Stationery Insuran¢e Depreciats"on Softwarè Sundry expenses Property Maint8nanc* Accountancy fees 7.777 188.166 3.998 2,153 200 5,100 4.359 807 1,178 673 98 576 2,264 4,942 216 525 17.795 2,568 10.357 770,610 3.071 2,240 4,750 5,168 1.781 560 704 3,579 3,035 175 278 8,357 2,358 Total r8soure•s èxpèndgd 243,395 217,023

PARKWOOD PRE-SCHOOL CIO Financial Statements for the year ended 31 st March 2023

Parkwood Pre School CIO Indepondenl examinerfs report to the trustees of the Parkwood Pr• S¢hool for the year ended 31 March 2023 I report on the accounts of the company for the year endéd 31 March 2023 vffiich are set out on pages 2 to 6. Rospo¢tiv6 responsibilities of trustees and examiner The tru$lees awe ￿sponSible for the preparation of the accounts. The trustees consider that an audit is n¢1 required for this year under section 144(21 of the Charrties Act 2011 {the 2011 Act) and that an independent examination is ne¢d¢d. l am qualified lo undertake the examination by being a member ofthe Inslrtute of Chartered Accountsnts for England and Wales. Having 8atislied myseLf that the charty is not subject to audit under company law and is e1￿ible for independent examination. it is my responsibilty to.. examine the accounts under sedon 145 of the 2011 Art to lollow tha procedures laid down in the general Directions given by the Charities Commi$$ion under section 14515llbl of the 2011 A¢l', and to $tstg byhether particular matters have come to my attention. 8asi8 of Indepondent examinets report My examination was carried ¢xJt in accordance with the general directions glven by the Charty Commission. An examination includes a review ol the accountin9 ￿COrdS kgpl by thè charity and comparlson of the accoLsnts presentad with those racords. It also includes conSiderat￿n ol any unusual ftems or disclosures in the accounts. and seeking explanats.ons from you a5 trustees conceming any su¢h matter$. The procedures undertaken do not provide all the evidence that would be requifftd in an audit and consequently no ¢pinion is given 8$ to wh¢th¢r the a¢eounts present a 'true and fair ¥iev/ and the report is limited to those matters set out in the statement below. Indep•nd•nt •x#minerfs statement In connection wth my èxaminab"on. no matter has come to my attention which gives me reasonable Cause to believe that in any material respe¢l the ￿qUIrements.. to keep accountin9 rècords in accordance with section 386 of the Companies Act 2006., and to Prepa￿ accounts which accord with the ac¢o>unb"ng records, Comply wlh the accounb.ng requiremènts ef section 396 of the Companies Act 2006 and wth the methods and principles of the Statement of Recommended PradKe'. Accounbng and Reporting by Charrt*s have not been met. Jenniler Richard$on Chartered Accountsnl 7th June 2023

Parkwood Prè-school CIO statement of Financi81 Activltles for tho year •nded 31st March 2023 Nots¥ 2023 2022 INCOMING RESOURCES Incoming r8sour¢•s from g•noratsd funds Voluntary Income 227,867 214,822 Interest ￿ee1Ved 60 Total In¢omlng Rosourcès 227,927 214,827 RESOURCES EXPENDED Costs of generatlng fund5 Costs of generating voluntary income 243,395 217,023 Totsl rosourc•8 èxpended 243,395 217,023 NET INCOMING RESOURCES 115,468> 12,196) RECONCILFATION OF FUNDS Balance broL¥Jht forward 72,083 74,279 TOTAL FUNDS CARRIED FORWARD 56,615 72,083

Parkwood Pr•4chool CIO Balance Sheet As at 31 March 2023 Notes 2023 2022 Fixed assots Tangib￿ assets 15,345 9,106 Curront assots Prepayments Cash at bank and in hand 4,636 4.314 Is ALSO INCLVSi¥E Q, Q 38,527 43,163 60,377 64,691 Credltor¥: amounts falllng due within year SAVItr4(>S {1,8931 11,714) Net current assets 41.270 62,977 Net assets 56.615 72,083 Funds Profit and lo$s account 56,615 72,083 8hareholdgrs' funds 56,615 72,083 Chair￿rson Apkyoved by the board on 7th June 2023

Parkwood Pre-school CIO Notes to the Account8 for the yoar ended 31sl March 2023 1 Accountlng policios Incoming rnsources All incoming msourcts are included on the St*ement ol Financial Activtties when the charity is legally enb.lled to the income and tha amoLsnt can ￿ quants'fied with reasonable a¢cur8¢y Depreciation Depreciation has b88n provided at the following r8te$ in order to write off the assets over their e8b"maled useful lives. Lèasehold Improvements Plant and machinery 20% straight line 25% ￿dUCIng balance FundA¢¢ounting Unrestrictsd funds can be used in accordance with charitable objectives at the discretion of the trustees. Restri￿ed funds can only ba LJ8ed for particular restricted purposes within the objects of thè chafty. Re$trith"ons arise when spe¢ified by the donor or when funds are raised for parti¢ular restricted purpgse$. 2 Investment Income and manag•m￿t costs 2023 2022 Investmènt incomg Interest receivable 60 Investment managemont ￿$ts Property repairs 17,795 8,357 LL NE

Parkwood Pre-S¢hool CIO Notes to the Accounts for the year onded 31st March 2023 3 Tanglbl• fix￿ assets Le￿hOld Improveme Plant and machinery etc Totsl Cost At 1 April 2022 Add￿On3 At 31 March 2023 30,825 8.581 39,406 30.825 11,181 42,006 2,600 2,600 D•pr•clation At 1 April 2022 Charge for the year At 31 March 2023 21,719 4.422 26,141 21,719 4,942 26,661 520 520 Net book value At 31 March 2023 2.080 13,265 15,345 At 31 March 2022 9,106 9106 4 Debtor¥ 2023 2022 other debtors 4,636 4,314 5 Credltorn: amounts falllng du• within ong year 2023 2022 Other creditors 1,893 1,468 1,714 900 6 Movom8nt in funds 2023 Vnro8trlcted Funds At 1 April 2022 Net movement in fvnds 72.083 115,4681 Al 31 March 2023 56.615 Incoming rosour¢ ResourcBs oxpen((ed Movomont in funds UnTgfjtrictod fund$ General Fund 227,927 1243,395) 115.4681 Total funds 227,927 rknv4A .

Parkwood Pre-school CIO Detsiled statement of flnanclal actlvltle8 for the year ended 31st March 2023 2023 Unrestrictsd funds 2022 Unrestrictsd Fund$ INCOMIMG RESOURCES Voluntary in¢ome Nursery Education Fund Sessions Sundry income 154,283 73,084 500 227,867 146,992 67.516 314 214.822 RESOURCES EXPENDED Ov•th•ads Nursery consumables Wagès and salaries Staff pen$itins Staff training and welfare Travel expenses Rent Light and H&at Cleaning Tèlephone and fax Subscriptions Marketing Printing and Stationery Insuran¢e Depreciats"on Softwarè Sundry expenses Property Maint8nanc* Accountancy fees 7.777 188.166 3.998 2,153 200 5,100 4.359 807 1,178 673 98 576 2,264 4,942 216 525 17.795 2,568 10.357 770,610 3.071 2,240 4,750 5,168 1.781 560 704 3,579 3,035 175 278 8,357 2,358 Total r8soure•s èxpèndgd 243,395 217,023