## **Parkwood Pre school CIO,** 

## **Deanwood Drive, Rainham, Kent ME8 9LP** 

**Tel: 01634 231425 Email: parkwoodpreschool@btconnect.com 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