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2020-08-31-accounts

WEST HILL PRE-SCHOOL (A company limited by guarantee) UNAUDITED FINANCIAL STATEMENTS

YEAR TO 31[ST] AUGUST 2020

WEST HILL PRE-SCHOOL

UNAUDITED FINANCIAL STATEMENTS

YEAR TO 31[ST] AUGUST 2020

CONTENTS

Page
Legal and Administrative Information 1
Trustees’ Annual Report 2-7
Independent Examiner’s Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11-16

WEST HILL PRE-SCHOOL

LEGAL AND ADMINISTRATIVE INFORMATION

YEAR TO 31[ST] AUGUST 2020

CHARITY NAME West Hill Pre-School
REGISTERED CHARITY NUMBER 1162644
REGISTERED COMPANY NUMBER 09308414 (England and Wales)
REGISTERED ADDRESS West Hill Village Hall
Beech Park
West Hill
Ottery St Mary
Devon
EX11 1UQ
TRUSTEES Fiona Laitinen (Chair)
Cathy Armstrong (Secretary)
Martin Hayball (Treasurer)
Hannah Claxton
Louise Down
Kate Farmer
Felicity Henry
Jessica Hobbs
Hannah Pantling
Claire Panzeri
Danielle Receveur
Emily Perriam
Polly Whitfield
INDEPENDENT EXAMINER Mr M B J Cronin MAAT FCIE
Bowhill Bookkeeping Services
172 Newman Road
Exeter
EX4 1PQ

1

WEST HILL PRE-SCHOOL

REPORT OF THE TRUSTEES INCLUDING DIRECTORS REPORT

FOR THE YEAR TO 31[ST] AUGUST 2020

The trustees, who are also Directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31[st] August 2020.

The financial statements have been prepared with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – (Charities SORP (FRS 102)) and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). The financial statements have also been prepared with the Charities Act 2011 and the small Companies regime (section 419 (2) of the Companies Act 2006.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document

The organisation is a charitable company limited by guarantee, incorporated on 12[th] November 2014 and registered as a charity with the Charity Commission on 13[th] July 2015. The company was established under a Memorandum of Association which established the objectives and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.

The trustees are elected by the members or co-opted by the trustees. One third of the members must retire at the AGM but members may be reappointed at the AGM.

Organisational Structure

The trustees who served during the year and up to the date the report was approved are as follows:

Fiona Laitinen (Chair) Cathy Armstrong (Secretary) Martin Hayball (Treasurer) Hannah Claxton (from 21[st] Oct 2020) Louise Down Kate Farmer (from 3[rd] Feb 2020) Felicity Henry (from 21[st] Oct 2020) Jessica Hobbs (from 21[st] Oct 2020) Hannah Pantling (from 21[st] Oct 2020) Claire Panzeri Danielle Receveur Emily Perriam Polly Whitfield Charlotte Ferguson (Chair to 30[th] Sept 2019) Gill Munday (Secretary to 30[th] Sept 2019) Joanna Bromley (to 30[th] Sept 2019) Kirsten Hayball (to 30[th] Sept 2019) Cate Planchon (to 21[st] Oct 2020) Karen Walter (to 30[th] Sept 2019)

OBJECTIVES AND ACTIVITIES

The aims of the Pre-School are 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:

2

WEST HILL PRE-SCHOOL

REPORT OF THE TRUSTEES INCLUDING DIRECTORS REPORT

FOR THE YEAR TO 31[ST] AUGUST 2020

OBJECTIVES AND ACTIVITIES (continued)

Activities which demonstrate these objectives have been met include:

The trustees have given due consideration to the Charity Commission’s published guidance on the Public Benefit requirement under the Charities Act 2011.

The trustees are satisfied that the activities outlined above meet the public benefit purpose of the advancement of education.

ACHIEVEMENTS AND PERFORMANCE

The 2019/2020 academic year is certainly going to be a year to remember, as it will for many organisations, due to the worldwide Covid-19 pandemic. Overall, despite the many challenges during the summer term in particular, pre-school maintained a high level of support to children and finances remained stable.

3

WEST HILL PRE-SCHOOL

REPORT OF THE TRUSTEES INCLUDING DIRECTORS REPORT

FOR THE YEAR TO 31[ST] AUGUST 2020

ACHIEVEMENTS AND PERFORMANCE (continued)

Pre-school remained very popular within the local community and the year started with 32 children on the register and ended with 38 children. This was fewer than the year before (when children numbers increased from 37 to 50), however due to Covid-19 we recommended that children who were due to join in the summer term wait until September. Had pre-school operated as normal, a greater increase in child numbers would have been seen.

Although the number of registered children was satisfactory, many children were of school age in September 2020 and therefore to ensure no significant drop in child numbers in Autumn 2020 and throughout the forthcoming academic year a decision was taken to actively market pre-school throughout the early part of 2020. This also coincided with the announcement that another childcare setting was due to open nearby in late 2020.

The marketing, which consisted of regular Facebook posts which were reshared on local village forums and articles in local parish magazines and gazettes focussed on: the wealth of experience the preschool staff have, the close links to the school and in particular the emphasis on getting children ‘school ready’ and our central location in the village. Early indications are that the marketing has been successful as the autumn term is due to start with 35 children with more to start in January 2021.

As a result of such demand on places especially when considering that many children are requesting the maximum number of sessions allowed, pre-school will be opening all day every day from September. Pre-school will also need to look at how it can admit and accommodate more children especially those who will not be leaving in September 2021 to go to school and early discussions have been had with the village hall trustees in establishing if pre-school can operate from a second room on some days from Spring 2021. A further decision on this will be made in November 2020 once all implications eg, staffing requirements have been considered.

Until pre-school closed at the end of March due to Covid-19, pre-school was open Monday to Thursday all day but offered a Friday morning session only. Session times changed slightly at the start of the year which meant only morning or afternoon sessions were offered. As the afternoon session incorporated lunch this meant separate lunch sessions were no longer required. This change was met positively by parents and allowed them to access all applicable weekly funding and not pay for any additional time if they did not wish to.

Another change in the day to day activities was that school readiness is now supported on a daily basis throughout the year and not concentrated into a few sessions during the summer term only. We have also worked extensively with the reception class schoolteacher to identify areas where pre-school can help support children and further guidance for parents has also been produced.

This has been extremely successful and the children have enjoyed the opportunity to learn additional skills in small manageable amounts rather than in a few concentrated mornings.

Aside from the above, pre-school continued to follow a child led and child centred approach which means that sessions are structured through following the children’s interests as they happen supporting learning in a gentle child led fashion. The focus is on learning opportunities in the moment which helps children’s play and learning flow and develop, rather than adults leading the play.

4

WEST HILL PRE-SCHOOL

REPORT OF THE TRUSTEES INCLUDING DIRECTORS REPORT

FOR THE YEAR TO 31[ST] AUGUST 2020

ACHIEVEMENTS AND PERFORMANCE (continued)

Due to Covid -19 pre-school was closed from the end of March until early June (any children of critical key workers were able to source alternative childcare). During this time, we were able to support children and their families through a dedicated facebook page where staff shared daily posts of educational activities and fun age appropriate tasks to complete. Staff also set up zoom story times and uploaded videos of themselves singing familiar songs and children were sent fun themed packs to complete in the post.

Additional facebook contributions also came from the reception schoolteacher, pre-school’s yoga teacher and a dance teacher and many families posted pictures of themselves completing the activities.

During the period of closure, the trustees kept an extremely close eye on pre-school’s finances. Although income from unfunded children was lost, thanks to continued funding from Devon County Council based on hours children were expected to attend and the village hall not charging rent, we were able to continue to pay staff normally and meet all other financial obligations comfortably and without depleting the cash reserves significantly.

From early June, pre-school opened to children who wished to return and operated under very clear and robust covid-19 safe guidelines. Due to having exclusive use of the village hall, ‘bubbles’ of children were allocated different areas of the village hall and parents were not permitted into pre-school and staggered start / finish times were allocated. The focus was very much to provide a stimulating relaxed environment for children with the priority on play and movement and as per the national guidance the EYFS was not followed.

During this time, pre-school’s very successful toddler group did not restart and due to a number of reasons, mainly relating to Covid-19 restrictions and requirements a decision has been made that it will go on an extended break until early 2021 at least.

Although pre-school was operating successfully and around two thirds of registered children returned in June, due to a safety issue regarding the water system at the village hall, pre-school closed just over a week early for the summer holidays. This sudden closure was extremely disappointing given the amount of time and effort that had gone into re-opening after lockdown and it was frustrating not to be able to say a proper goodbye to the children moving onto school.

In the weeks following the closure, a full in person discussion was held with the village hall trustees to understand the issue and what steps were being taken to address the matter. Extremely detailed assurances were given that pre-school would be able to re-open in September along with information on all work undertaken and what additional measures would be put in place in the future. The trustees would like to thank the village hall trustees for their swift action and are completely satisfied the matter has been resolved and all obligations have been met.

It is always the case that the trustees wish to thank the staff for their professionalism, hard work and dedication to pre-school and this year that takes on a new magnitude. The year did not go as planned, and special thanks must go to Trisha Ratcliff pre-school manager along with Fiona Laitinen, chair of trustees and Claire Ritchie pre-school administrator for all their enormous efforts especially during the very difficult summer months.

5

WEST HILL PRE-SCHOOL

REPORT OF THE TRUSTEES INCLUDING DIRECTORS REPORT

FOR THE YEAR TO 31[ST] AUGUST 2020

ACHIEVEMENTS AND PERFORMANCE (continued)

Additional thanks to all trustees over the past year. The start of the year saw a significant change in the make-up of trustees and a new chair and secretary were elected. It is hoped there will be minimal changes going into 2020/21. However, the trustees need to look ahead and ensure there is a smooth transition at the end of the forthcoming year when it is expected many trustees will move on.

Obviously due to Covid-19, many of pre-school’s usual fundraising activities could not go ahead and only the popular Christmas Bazaar was held. It is unlikely that fundraising events will be held again before Spring 2021.

Pre-school was only able to run the harvest festival service and nativity in conjunction with the church and thanks go to everyone there for being so welcoming. All other events including the annual day out, sports day and graduation party were cancelled.

A number of long term projects also had to be paused due to Covid-19 and a priority for the forthcoming year will be to re-start them when it is safe to do so. For a number of years, the trustees have been looking at ways to create more outdoor space, which can be used all year round. After a number of false starts looking at various options, provisional agreement has been made with the village hall trustees to allow an outdoor wooden classroom to be built in the garden.

It was very much hoped that such a classroom could be built in the summer holidays, especially when pre-school has all the finances in place to cover such a project however it is likely now that this project will not recommence until Spring 2021.

The aim was also to have a weekly Forest School session running at the start of the 2020/21 academic year and contracts had been drawn up with the Primary School to use their dedicated Forest School area. These contracts have not yet been signed; however, it is hoped discussions with the school can re-start in late 2020.

Finally, we would like to say thank you again to everyone who has supported pre-school over the past year and we look forward to another successful year.

FINANCIAL REVIEW

The charity made a small deficit in the year of £1,360 (2019 – deficit £698). Total income decreased by nearly 14% compared to 2019 with a 22% reduction in EYF funding. Fees from parents, however showed a 24% increase compared to 2019.

Total expenditure decreased by 13%. Some costs such as rent and consumables showed significant reductions compared to 2019 due to the impact of the Covid 19 pandemic. Administrative costs showed an increase compared to the previous year with extra funds being spent to enable the administrator to ensure Covid 19 safety guidance was being followed and to provide online resources for the children whilst the pre-school was closed due to the Covid 19 pandemic.

Employment costs decreased by 11% in line with a reduction in staff numbers from 8 in the previous year to 6 and staff overtime reduced due to the time the pre-school was closed due to the impact of the Covid 19 pandemic.

Net assets at 31[st] August 2020 totalled £70,550 (2019 - £71,910. £620 is held in a restricted fund for the purchase of a 1.2m sandpit, wooden lid and sand. The remaining funds are held in the unrestricted funds.

6

WEST HILL PRE-SCHOOL

REPORT OF THE TRUSTEES INCLUDING DIRECTORS REPORT

FOR THE YEAR TO 31[ST] AUGUST 2020

RESERVES POLICY/COVID 19 STATEMENT

At the year-end, the charity’s unrestricted reserves amounted to £38,143. £31,787 is held in a savings bank account by the trustees as a designated fund as provision for any future redundancy payments. The remaining reserves cover between 5-6 months unrestricted expenditure.

STATEMENT OF TRUSTEE’S RESPONSIBILITIES

The trustees (who are also the directors of West Hill Pre-School) are responsible for preparing the annual report and the accounts in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company for that period. In preparing these financial statements, the directors are required to:

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report, which have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies, was approved by the trustees on ……………………………and signed on their behalf by:

………………………………………………………….

Trustee

7

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

WEST HILL PRE-SCHOOL

I report on the accounts of the company for the year to 31[st] August 2020 which are set out on pages 9 to 16.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

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

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 act; or

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

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and I 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.

Mr M Cronin MAAT FCIE Bowhill Bookkeeping Services 172 Newman Road Exeter EX4 1PQ Date

8

WEST HILL PRE-SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

YEAR ENDED 31ST AUGUST 2020

Note
INCOME FROM:
Donations
13
Charitable activities
14
Other trading activities: Fundraising income
Investment income: Bank interest
Other
TOTAL
EXPENDITURE ON:
Raising Funds
Charitable activities
15
TOTAL
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
TOTAL FUNDS BROUGHT FORWARD
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Funds
£
58,975
17,922
1,229
63
1,401
_
79,590
_
537
80,413
_
80,950
_
(1,360)
_
71,290
_
69,930
____		 Restricted
Funds
£
-
-
-
-
-
_
-
_
-
-
_
-
_
-
_
620
_
620
____		 Total
Funds
2020
£
58,975
17,922
1,229
63
1,401
__
79,590
__
537
80,413
__
80,950
__
(1,360)
____
71,910
____
70,550
____		 Unrestricted
Funds
£
75,265
15,110
1,951
63
-
_
92,389
_
1,301
91,786
_
93,087
_
(698)
_
71,988
_
71,290
____		 Restricted
Funds
£
-
-
-
-
-
_

-
_

-
-
_

-
_

-
_


620
_


620
____

 Total
Funds
2019
£
75,265
15,110
1,951
63
-
_
92,389
________
1,301
91,786
________
93,087
________
(698)
_________

72,608
___
_
71,910
___
_

9

WEST HILL PRE-SCHOOL

BALANCE SHEET

AS AT 31st AUGUST 2020
Note
£
FIXED ASSETS
Computer Equipment
4
CURRENT ASSETS:
Debtors
5
939
Cash at bank and in hand
70,683
__
71,622
LIABILITIES:
Creditors: Amounts falling due within one year
6
(1,464)
__
NET CURRENT ASSETS

TOTAL NET ASSETS

THE FUNDS OF THE CHARITY:
Restricted Funds
11
Unrestricted Funds
38,143
Designated Funds
7
31,787
__

TOTAL CHARITY FUNDS
 At 31st
August
2020
£
£
392
437
72,087
_
72,524
(1,202)
_
70,158
__

70,550
_

620
39,567
31,723
_
69,930
__

70,550
__
 At 31st
August
2019
£
588
71,322
_
71,910
_
620
71,290
_
71,910
_

For the year ending 31[st] August 2020, the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The notes on pages 11 -16 form an integral part of these accounts.

Responsibilities of trustees

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with FRS 102 and were approved by the trustees on…………………………………… and signed on their behalf by:

.......................................................... Trustee

10

WEST HILL PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS

YEAR TO 31[ST] AUGUST 2020

1. ACCOUNTING POLICIES

a) Basis of Accounting

The financial statements have been prepared with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – (Charities SORP (FRS 102)) and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). The financial statements have also been prepared with the Charities Act 2011 and the small Companies regime (section 419 (2) of the Companies Act 2006.

West Hill Pre-School meets the definition of a public benefit entity under FRS 102.

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to the accounts.

b) Tangible Fixed Assets

Computer equipment costing more than £500 is capitalised and depreciated at 25% on a straight-line basis.

c) Debtors

Other debtors are measured at their recoverable amounts.

d) Cash at bank

Cash at bank includes short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

e) Creditors

Creditors are recognised when the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.

f) Income

All income is included in the Statement of Financial Activities when the charity is legally entitled to the income, receipt is probable and the amount can be quantified with reasonable accuracy.

Donations and grants are recognised when received by or on behalf of the charity.

Fees are recognised when they become due.

11

WEST HILL PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS

YEAR TO 31[ST] AUGUST 2020

1. ACCOUNTING POLICIES (continued)

g) Expenditure

Expenditure is included on an accruals basis.

Raising funds are those costs incurred in fundraising.

Charitable expenditure are costs incurred by the charity in the delivery of its activities and services for its beneficiaries.

h) Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

i) The Funds of the Charity

Funds held by the charity are:

Restricted Funds

These are funds which can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when the funds are raised for particular purposes.

Unrestricted Funds

These are funds that are not subject to any restrictions regarding their use and are available for application within the charitable objects for the general purposes of the charity.

Designated Funds

These are funds that are earmarked by the trustees for specific purposes in the future. The trustees have the power to re-designate such funds within the unrestricted funds.

j) Financial Instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

k) Going concern

The trustees consider there are no material uncertainties about the charity’s ability to continue as a going concern.

2. LEGAL STATUS OF THE CHARITY

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £10.

3. TAXATION

As a charity, West Hill Pre-School is exempt from tax on income and gains falling within sections 466 to 493 of the Corporation Tax Act 2010 to the extent that these are applied to its charitable purposes. No tax charges have arisen in the charity.

12

WEST HILL PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

YEAR TO 31[ST] AUGUST 2020

4. TANGIBLE FIXED ASSETS

Computer
equipment
£
COST __
At 1 September 2019 & 31stAugust 2020 784
__
DEPRECIATION
At 1 September 2019 196
Charge for year 196
__
At 31stAugust 2020 392
__
NET BOOK VALUE
At 31stAugust 2020 392
__
At 31stAugust 2019 588
__
5.
DEBTORS
Other Debtors
_		 2020
£
939
_

939
____		 2019
£
437
__
437
____

6. CREDITORS: Amounts falling due within one year

Other Creditors
Accruals
_		 2020
£
839
625
______
_
1,464
 2019
£
422
780
______
1,202

7. DESIGNATED FUNDS

Monies have been placed in a savings bank account as provision for any future redundancy payments for staff and this is shown as a designated fund.

13

WEST HILL PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

YEAR TO 31[ST] AUGUST 2020

8. EMPLOYMENT COSTS

Total remuneration for the year amounted to £64,618. Gross salaries amounted to £62,212. Pension costs totalled £1,127. Employer NIC amounted to £1,279 all of which was covered by the employment allowance shown as other income. There were no employees with remuneration above £60,000. The average number of employees for the year was 6.

9. TRUSTEES’ REMUNERATION AND EXPENSES

No remuneration directly or indirectly out of the funds of the charity was paid or payable for the year to any trustee or any person or persons known to be connected with any of them.

The Charity’s insurance included trustee indemnity insurance.

There were no trustees' expenses paid for the year ended 31[st] August 2020, nor for the year ended 31[st] August 2019.

10. RELATED PARTY TRANSACTIONS

There were no related party transactions during the year.

11. RESTRICTED FUND

A grant of £620 was received during 2018 from West Hill Parish Council for the purchase of a new 1.2m sandpit, wooden lid and sand. Due to the impact of Covid 19, this purchase has not been made in the year. As outlined in the trustees’ report on page 6, it is hoped to build an outdoor wooden classroom. The sandpit purchase will be part of this project and the grant will be spent on the sandpit as soon as Covid 19 restrictions allow this project to go ahead.

12. POST BALANCE SHEET EVENTS/GOING CONCERN

The charity’s trustees continue to monitor the impact of Covid 19 on the charity as detailed in the trustees’ report.

14

WEST HILL PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

YEAR TO 31[ST] AUGUST 2020

Total Total
Unrestricted Restricted
Funds		 Unrestricted Restricted Funds
Funds Funds
2020		 Funds Funds 2019
£ £
£		 £ £ £
INCOME FROM:
13. Donations
Early Years Funding and grant 58,975 - 58,975 75,265 - 75,265
__ __ __ __ __ __
58,975 - 58,975 75,265 - 75,265
__ __ __ __ __ __
14. Charitable activities
Fees – parents 17,421 - 17,421 14,050 - 14,050
Fees – toddlers 501 - 501 852 - 852
Pre-School trip - - - 208 - 208
__ __ __ __ __ __
17,922 - 17,922 15,110 - 15,110
__ __ __ __ __ __

15

WEST HILL PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

YEAR TO 31[ST] AUGUST 2020

Total Total
Note Unrestricted Restricted
Funds		 Unrestricted Restricted Funds
Funds Funds
2020		 Funds Funds 2019
£ £
£		 £ £ £
15. EXPENDITURE ON:
Charitable activities
Employment costs 8 64,618 - 64,618 72,616 - 72,616
Staff training & other staff costs 269 - 269 398 - 398
Consumables 1,901 - 1,901 2,391 - 2,391
Equipment 818 - 818 1,788 - 1,788
Pre-School trip - - - 207 - 207
Entertainment/Classes 98 - 98 761 - 761
Rent 5,314 - 5,314 6,976 - 6,976
Insurance 718 - 718 710 - 710
Administration 5,226 - 5,226 3,627 - 3,627
Other expenses 496 - 496 987 - 987
Gifts to Staff leavers 350 - 350 164 - 164
Premises, repairs & maintenance - - - 130 - 130
Accountancy & Independent exam fee 409 - 409 835 - 835
Depreciation 196 - 196 196 - 196
__ __ __ __ __ __
80,413 - 80,413 91,786 - 91,786
__ __ __ __ __ __

16