WEST HILL PRE-SCHOOL IA company limited by guarante?) UNAUDITED FINANCIAL STATEMENTS YEAR TO 31ST AUGUST 2022
WEST HILL PRE-SCHOOL UNAUDITED FINANCIAL STATEMENTS YEAR TO 31ST AUGUST 2022 CONTENTS Page Legal and Administfalive Irrfomiatk)n Rept)rt of the Trustees in¢lLKliThJ Directors, Report Independent Examinerfs ReFort statement of FffRncial ActNlties Balance Sheet 10 Notes to the FinarKial Statements 11-16
WEST HILL PRECHOOL LEGAL AND ADMINISTrATIVE INFORMATK)N YEAR TO 31ST AUGUST 2022 CHARI NAME 1Olest Hill Pre-school REGISTERED CHARfTY NUMBER 1162644 REGISTERED COMPANY NUMBER 09308414 {England and Wales) REGISTERED ADDRESS West Hill Villag8 Hall Beeth Pafk West Hill Ottery St Mary Devon EX111UQ CURRENT TRUSTEES Joanna 104knght (Chairl Claire Pegg (SeCtary) Heather Hatcher {Treasurerl Hannah Claxon (Safeguarding Lead) Louise Down Yusur Goc*lfellow Hannah Pantling Claire Rayner Susanna Wragg Joanna Wright INDEPENDENT EXAMINER Mrm B J Cronin MAAT FCIE Bowhill Bookkeeping SeTvices 172 Newman Road Exeter EX4 1PQ
WEST HILL PRE-SCHOOL REPORT OF THE TRUSTEES INCLUDING DIRECTORS, REPORT FOR THE YEAR TO 318T AUGUST 2022 The trustees, who are also Director5 of the charity for the pUoseS of the Companies Act 20C6, present their report wlh the financial statements of the charity for the year ended 3111 August 2022. The financial ststements have been prepared with the Statement of Recommended Practi.. Accountin9 and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191 - Icharilies SORP IFRS 102)) and with the Financial Reporting Slandard applicable in the United Kingdom and Republic of Ireland IFRS 1021. The financial statements have also been prepared wtth the Charities Act 2011 and 2022 amendments and the small Companies regime (SlI0n 419121 of the Companies Act 2006. STRUCTURE, GOVERNANCE AND MANAGEMENT Govgrnlng Documfynl The organisalion is a charitable company limlted by guarantee, in¢orporated on 12th November 2014 and registered as a charity with the Charity Commission on 13th July 2015. The company was established under a Memorandum of Association which established the objectives and powers of the charitable company and is govemed 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 Iruslees are elected by the members OT Co-opted by the trustees. One third of the members musl retire al the AGM bul members may be reappointed at the AGM. OTganl8atlonal Structure The trustees who served during the year and up lo the date the report was approved are as follows.. Joanna Wright (Chair from 201h September 20221 Claire Pegg (Secretary from 20th September 20221 Heather Hatcher [Treasur from 201n September 20221 Martin Hayball (Treasurer to 20th September 20221 Hannah Claxton Isafeguarding Lead) Louise Down Yusur Goodfellow {from 20th October 20211 Hannah Panlling Claire Rayner lfrom 20th October 20211 Susannah Wragg (from 251h January 2023} Felicity Carpenter (Chaii to 2¢yh September 20221 Danielle Receveur Isecretsry lo 2 September 20221 Cathy Armstrong Ito 20th September 20221 Claire Panzeri (to 20th September 2022} Kale Famier Ilo September 20211 Emily Perriam {lo September 20211 OBJECTIVES AND ACTIVITIES The aims of the Pfe-school are lo enhance tho development and education of children primarily under slalutory school age by encouraging pants to understand and provide for Ihe needs of their children through community groups and by.. a. Offering appropriate play, education and eare facilities. famity leaming and extended hours groups, together with the right of parents lo take responsibility for and lo become involved in activities of such groups, ensuring that such groups offer opportunib'es for all children whatever their race. culture, religion, means or ability..
WEST HILL PRE4CHOOL REPORT OF THE TRUSTEES INCLUDING DIRECTORS, REPORT FOR THE YEAR TO 31ST AUGUST 2022 OBJECTIVES AND ACTIVITIES (continued) encouraging the study of the needs of such children and their families and promoling public interest in and recognition of such needs in the local areas. Activities which demonstrate these objectives have been met include.. Pre-school runs a successful weekly toddler group open lo families with babies and toddlers living in the local area. P-SchOol is open 5 days a week {term timel. Sessions offer flexibility to meet the individual needs of parentslcarers. The day is split into sessions and parents are free to choose a combination of sessions, initially up to a maximum of 6 sessions, however further sessions are pemiitted rf space allows. Pla$ are available to children at 2 years and 6 months. PTe-School accepts Devon County Council funding for 2-year olds and 34 year olds and is also happy lo receive payment from parentslcarers either in full or in instalments via cash, cheque, BACS or childcare vouchers. Pre-school uses the Eaty Years Foundation Stage curriculum and links all areas of Learning and Development into the daily planning and observations. Pre-school's approach to leaming promoles the development of crealwity, individualty and self-confidence. Our environment incorporates both indoor and outdoor 'leaming' the philosophy being hat can be leamt inside can be learnt outside,. Pre-school incorporates the Govemmenys liter8cy'guidelines Letters and Sounds. into the daily routine, thus developing children's speaking and listening skills from an early age. Pre-school has a large selection of toys and equipment. These are reviewed regularly and updated to ensure they link to the Children's current intests. Different activities are planned each day such as craft paintsng, and baking. and include plenty of outdoor play. weather pemiitting. All staff are fully trained with relevantqualificalions and attend first aid and safeguarding training regularty. Parentallcarer involvement tskes place in a variety of way$. Parents Can join the committee and actively participate with the overall running of the Pre-school, volunteer on an ad hoc basis or help plan and run fundraising events. Parenlslcarers receive regular communication regarding Pre-school matters and also receive constant updates regarding their child's development via online profiles. Pre-school aims to ensure all sections of ils communty have access to the setting through open, fair and clearly communicated procedures. The tTUStees have gwen due consideration to the Charity Commission's published guidance on the Public Benefit requirement under the Charities Act 2011. The trustees are satisfied that the activities outlined above meet the public benefit purpose of the advancement of edUtiOn. ACHIEVEMENTS AND PERFORMANCE The 202112022 academic year started with a real feeling of normality which was a welcome change from the previoLbS years which had really been heavily affected by covid restrictions. Numbers were very strong despite the ongoing challenges of the COVID-19 pandemic, this femained the &1se throughout the year and finances were stable. The year started with 35 children on the register and ended with 42 children. As in previous years there were a18rge number of children that would be school age at the end of the summer tem so there was still the need to advertise Pre-school in the local area. This was done through Facebook posts and also through our Toddler group which started back after the summer.
WEST HILL PRE-SCHOOL REPORT OF THE TRUSTEES INCLUDING DIRECTORS, REPORT FOR THE YEAR TO 3187 AUGUST 2022 ACHIEVEMENTS AND PERFORMANCE (coThtlnued) With 35 children on the register numbers were very similar to the previous year for the autumn teTm, and again there were quite a few children that started on the minimum sessions with a view lo increasing those sessions after Christmas. Pre-school will continue to operate 5 days a week with both morning and aftemoon sessions being offered. FO$try Fridays started up again on 24th September. This runs on a Friday morning,. the children attending this session go to a designated Forest school sile al West Hill Primary School with a qualified Forest School Practitioner. They love being outside exploring and investigating the natural WOTId, challenging themselves and building a life-long love of the outdoors. They enjoy den building, climbing, swing building, playing in the mud krtchen, and much more. The sessions are focused around the children's interests and help build confidence and self-esteem. As part of this, on a Friday the Pre- school is sel up lo reflect the session, the slaff follow the Forest School ethos of natural resources and exploring nature. By extending Forest School into the setting, it helps embed the leaming that happens at the Forest School site. After ttvo years of being unable to celebrate the Harvest Festival in Church we could finally attend in person for this wonderful celebration and welcome parents along with us too. After October half temi we began to provide an After School Club from Monday-Thursday 3.15pm- 5.30pm open to all children from both the Pre-school and Primary school betsveen the ages of 3 and 10. This proved extremely popular from the start as services such as this are hard to find in the local area. We were also able to do a Christmas event this year. We opted for an outdoor event due lo Covid-19 case numbers being high in the local area, and the committee organised a fantastic Carols around the Christmas Tree evening with Singing and a visit from Santa. We held a raffle with amazing prizes, mulled wine and singing. It was really poputar with the whole communty. Lastly, we had a cocoa evening where the children came to the village hall in their pyjamas. read stories and Santa visited the children which was a lovely way to end the term. The Spring term started with 40 children on the register and increased sessions for most of our current children. This meant a busy time for all staff bul they tsckled this with their usual energy and enthusiasm. Once again, we were able lo plan events for this term which is atways so much fun for the children and made everyone feel like some kind of nomalty was retuming following the pandemic. Oue to the high numbers of children the decision was made to run Rising 5's sessions in the upstairs room of the village hall lo help prepare the school age ¢hildren fol September. These momings gave the rising 5's a unique opportunity to work on listening and school adIneSS skills. We worked very closely with Wesl Hill Primary School lo ensure that the transition to School was smooth. Alongside working on the weekly phonics theme we focused on our daily routineg sueh as hanging up coats, putting on own shoes and coats and good hygiene such as hand washing and toileting. We also refleeled the register taking at school and circle tsme where there are aclivrties. games and stories. We also do lols of fun playing and creating. Aside from this Pre-school continued lo follow a child led and child cenlred approach which means that sessions are slruclured through following children's interests as they happen supporting learning in a gentle child led fashion. This was built on further in the summer term with the introduction of a pre- school children's committee. A small group of children would meet with our fomier manager and make decisions on things such as what snack they would like on each day and which activities they would like to do. It was rotated each week so all children were given an opportunity to take part. During the February half term, we had a long awaited redesign of our outdoor space. A fixed canopy was built by a local landscaping firrn which has transformed Pre-school and enabled the children lo be outside in all weathers. 11 has provided mLtch needed shade and shelter come rain or shine.
WEST HILL PRE-SCHOOL REPORT OF THE TRUSTEES INCLUDING DIRECTORS, REPORT FOR THE YEAR TO 31ST AUGUST 2022 ACHIEVEMENTS AND PERFORMANCE l¢ontlnuedl Both the children and Staff have provided wonderful feedback on the garden and we are very pleased lo have completed the work. Next on the calendar was Motherfs Day and due to another Trse in local Covid-19 cases we decided that as the weather was so lovely, we would do an afternoon tea party in our beautiful garden rather than going to the church as we had in previous years. The children loved getting the garden adY and then seNing lots of yummy cakes to the Mummies and Grandmas. In the last week of term, we did an Easter Egg Hunt around the school field. There were clues to follow and an easter egg at the end for each child. A great way lo end an extremely busy terml During the holidays, we organised a Queens Platinum Jubilee Scarecrow competition for the whole village. This was kindly sponsored by West Hill Parish Council. Residents were invited lo make and display their royal scarecrows for all Ihe village lo see. They were then judged by the Wesl Hill Parish Councillors, and prizes given out for 111 2nd and 3rd place these were kindly donated by the Parish Council. All entry fees were donated to the Pre-school. The Summer Term began in a similarway with child numbers still hlgh and many sessions fully booked. In May to mark the Queen's Platinum Jubilee, we had a wonderfvjl tea paty in the garden with yummy scones and cakes donated by parents. This was followed by our Falherfs Day celebration in June when we served mid-morning bacon sandwiches and hot drinks lo our Daddies and Grandads. It has been $0 lovely to h8ve $0 many events in our calendar this year and lots of 981 opportunities to enjoy our fantastic outdoor space. Hosplscare held a table top sale on 7th May that the pre-school took part in. The ¢ommlttee worked hard collecting second hand clothing an¢J toys, sorted through them all and sold them lo raise funds. The remaining clothes and toys were donated to a Ukraine appeal to assist charities working with refugees. Sports day was a great suecess with both parents and Children, it was held in the school fteld with parents able lo watch, we had a mlx of races, laYS, and a paTenl's race. On S8turd8y 91h July we had a table at tho West Hill Summer Fete and declded lo sell cakes and lemonade again following the success of last year. It was a scorching hot day but a very successful onel This year we We able lo have a Graduation Day with minimal $triCt10ns. We had Miss Miranda's Music again as a treat for the children along with paty food and then parents were able to join afterwards for the ceremony and presentation of personalised graduation colouring pencils. The ¢hildren also all enjoyed a special visit from the i¢e<ream van as a treat. Staff update Clare Hedges temporarily went over lo the primary school to asslst as a Teaching Asslstsnl in the reception class for the duration of the Autumn term. She then applied for a permanent post and got the job, so left the preschool. Recruitment has been a huge part of Pre-school over the Spring and Summer terms. We have been exceptionally busy njnning al maximum capacity in all our sessions and working hard to add lo our staff numbeTS to keep the pre-school wrsning in the same way for the temis and years ahead.
WEST HILL PRE-SCHOOL REPORT OF THE TRUSTEES INCLUDING DIRECTORS, REPORT FOR THE YEAR TO 31ST AUGUST 2022 ACHIEVEMENTS AND PERFORMANCE Icontlnuedl Staff updat& (contlnuedl Al the beginning of the Summer Term we were saddened lo receive a resignation letter from Patricia RatcSiff after 4 fantastic years at Pre-school. Patricia left at the end of the Summer Term lo spend more time at home supporting her family. We were very fortunate to be able lo recruit a new manager by the beginning of June and Natalie Taylor started with us on 141h June to ensure a thorough handover. Natalie Taylor has already done a fantastic job of bringing herself up to speed with how the pre-school operates, sorting out paperwork and having a quick reshuffle of the resources cupboards. The Pre- School is very lucky lo have her on board and we look fornyard lo all the exciting events and activities to come over the next academic year. COMMirrEE UPDATE: Danielle Receuver. our Secretary. Martin Hayball our TreasUr, Claire Panzeri and Cathy Amstrong are resigning from the preschool committee and we thank them for all of their hard work lo dale on behalf of the preschool. This is a great opportunity for anyone who is interested in getting involved with the fvture running of preschool lo join the committee. FUTURE PLANS: Parents evenings Christmas Bazaar Large sand pit Inslallalion FINANCIAL REVIEW Income for 21122 wa$ £114,139 this Is compared with £118,291 in the pvIOuS year la decreas8 of £4,152> In¢ome from Early years funding was £72.484 and £36,C67 fees from parents including for after school club Fundraising raised £618 Ilncome less costs) Expenditure for the year was £135,777. The year before was £114,970 $0 an in¢rea$e of £20,807. There has been an increase in wage costs of 8% and a large amount of expenditure on equipment in lo improve the outdoor space. The total cost of the Canopy and other garden improvements was £15,885. Largest expenditures were wages of £98.667 {increase of £7,630 on prevlous yearl. June, July and August we paid tsvo managers while handover was in progress. Rent £7,551 (increase of £732 on previous year due to additional sessions offeied and rising 5's sessions and after school ¢lubl. Administration e.g insurance, phone. Otsted £2.941 (a de¢rease of £2,188 on previous yearl. There was an overall loss of £21,638 for the year compared with a profft of £3,321 from the previous year. This is partly due to the huge inveslmenl made on the outdoor space and other equipment t)ought lo improve Pre-school lequipmenl spending amounted lo £17,769) and staff training costs of £1,652 for Louise Harris Forest School Practitioner course. Tammie Clarke PANCO course and First Aid. The opening balance on current ac¢ount was £41.846 and closing balance on current account was £19,585. Saving account (used as a staff redundancy and emergency fund) opened and Closed c £31.8K. Only activity on account was small amount of interest paid.
WEST HILL PRE-SCHOOL REPORT OF THE TRUSTEES INCLUDING DIRECTORS. REPORT FOR THE YEAR TO 31ST AUGUST 2022 FINANCIAL REVIEW Icontlnued) Accounts will be examined by an independent examiner and a fin81 full set of accounts will be sent to Companies House and the Charity Commission in due course. Finally, we would like to say thank you again to everyone who has supported Pre-Scht)ol over the past year. Particulaty our wonderfLbS and dedicated committee, who have been so supportive to our staff team, taking time out of their busy schedules to help when required. We are confident we can have another successful year seeing the Childn thrive in a supportNe environment where staff and parents work alongside each other for the benefit of the children. RESERVES POLICY At the year-end. the charity's unrestricted reserves amounted to £20.423. £31.806 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 beeen 1-2 months unrestricled expenditure. STATEMENT OF TRUSTEE'S RESPONSIBILrriES The trustees (who are also the directors of West Hill Pre-school) are responsible for preparing the annual report and the accounts in accordanc£ with applicable law and regulations. Company law requires the directors lo 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 charitsble company for that period. In preparing these financial statements. the directors are required to". select suitable accounting policies and then apply them consislentty: observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent", and prepare the financial statements on the going concern basis unless it 1$ inappropriate to presume that the charlty will CA)ntinue in business. The direclors are responsible fr)r keeping adequate accounting records that are sufficient to show and explain the company's transactions and disc105e with reasonable accuracy at any lime 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. Th15 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 ....OS.,.o..Q....Z:.......and signed on their behalf by.. /, HEfftWEL HpifciiÉL Trustee
WEST HILL PRE-SCHOOL INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF WEST HILL PRE4CHOOL I report on the accounts of the Company for the year to 31rf August 2022 which are sel out on page$ 9 to Respon61bllltle8 and bas18 of report As the charity's trustees of the Company land also ils 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 20061.the 2006 Act,). Having satisfied myself that the accounts of the Company ar8 not required to be audrted under Part 16 of the 20C6 A¢1 and are eligible for independent examination, I reFK)rt in resped of my examination of your charity's accounts as Caled out under section 145 of the Charits"es A¢t 20111'the 2011 Act'l. In carrying out my examination I have followed the Dir8clion$ given by the Charity Commission under $e¢lion 14515) Ibl of the 2011 Act. Indep•nd•nt •x•mln•V8 •tat•mont I have completed my examlnats'on. l ¢onfimi thal no matters have come lo my attention in connection wlth the examination giving cause to b8lleve" accounting records were not kept In respect of the Company a5 required by $8Ctlon 386 of the 2006 act,. or 2. the a¢¢ounls do not aord wlth those rords., or 3. Ihe accounts do not Comply wrth the a¢¢ounting requirements of sectton 396 of the 20CE Act other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. or 4. the accounts have not been prepared In accordan wlth the methods and princlples ol the Statement of Recommended practi for accounting and reporting by charities (applicable lo charities preparing their accounts in accordance with th8 Finanal Reporting Standard applicable in the UK and Republ of Ireland IFRS 1021). I have no concems and I have come across no other matters in connection with the examination to whi¢h attention should be drawn in this report in order lo enable a prop8r undewslanding of the accounls to be raached. Mr M Cronln MAAT FCIE Bowhlll Bookkeèplng SoNlces 172 Newman Road Exoter EX41PQ Date
WEST HILL PRE4CHOOL STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31ST AUGUST 2022 Total Fund8 2022 Total Funds 2021 Unre8trl¢ted Funds Restrlctsd Funds Unrostrlcted Funds R08tricted Funds Nota INCOME FROM: Donations Charitable activities Other trading activit.. Fundraising income Investment ir¢coTh'. Bank interest Other 11 12 72,484 36,152 1,140 72,484 38,152 ,881 18,977 110 20 2,303 96,881 18,977 110 20 2,303 4.359 4,3S9 TOTAL 114,139 114,139 118,291 118,291 EXPENDrruRE ON: Raising Funds Charitable activities 522 135,255 522 135,255 81 114,191 81 114,889 13 698 TOTAL 135,777 135,777 114,272 698 114.970 NET INCOMEIIEXPENDITURE) {21.638) 121,6381 4.019 1698) 3,321 TRANSFERS BETWEEN FUNDS 1781 78 NET MOVEMENT IN FUNDS 121,6381 121,6381 3,941 16201 3.321 RECONCILIATION OF FUNDS: TOTAL FUNDS BROUGHT FORWARD 73.871 73,871 69,930 620 70,550 TOTAL FUNDS CARRIED FORWARD 52.233 52.233 73,871 73,871
WEST HILL PRE-SCHOOL BALANCE SHEET AS AT 31•I AUGUST 2022 At31$t August 2022 At315t August 2021 FIXED ASSETS Comwter Equipment 806 1,405 CURRENT AS$S. Debtors Cash at bank and in hand 1,538 51,395 1,238 73,652 52.933 74,890 LIABILITIES: Creditors.. Amounts falling due within one year (1,506) 12.424) NEf CURREKf ASSETS 51,427 72,466 TOTAL NET ASSETS 52,233 73,871 THE FUNDS OF THE CHARrrY: Unrestricted Funds Designat&J Funds 20.423 31,810 42,(E5 31,806 TOTAL CHARITY FUNDS S2,233 73,871 For the year ending 31¥t August 2022. the charitable company was entitled to exemption from audit under section 477 ofthe Companies kt 2006 relating to small companies. The notes on pages 11-16 fomi an integral part ofthese accounts. Responslbllftles of Inte85 {a) The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordan with sects.on 476 of the Companies Act- however in accordance wrth section 145 of the CharFties Act 2011 the accounts have been examin1 by an independent examiner whose report appears on p>38 8. Ibl The trustees acknowledge their responsibilities for comptying with the requiremnts of the Companies Act witrt respect to accountiThJ records and the preparation of acojunts. These ffinanchgl Stateffnts have been prepared in accordance with the provisions applicable to companies subject to the small companies. regime and in acrx)rdance with FRS 102 and were approved by the tfuslees on......OS. O Q... and signed on their behalf by.. Tru8to0 10
WEST HILL PREcHOoL NOTES TO THE FINANCIAL STATEMENTS YEAR TO 31ST AUGUST 2022 ACCOUNllNG POLICIES al Ba818 of Accounting The financial slalements have been prepared wrth the Statement of RecLmmended Practice.. Accounting and Rewrting by Charities preparing theif accounts in accordan with the Financial Reporting Standard applicable in the UKand Republic of Ireland IFRS 1021 (effective 1 January 2019) - (Charities SORP (FRS 102}l and with the Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland IFRS 102)- The finanaal ststements have also been prepared with the Charities Acl 2011 and 2022 amendments and the small Companies regime Iseciion 419 {21 ofthe Companres Act 2(X6. West Hill Pr&S¢hool meets the definit)n of a publ[¢ benefit entity under FRS 102. The financial slatements have been prepared under the htstorical cost convention with items reccgnised at L¥)sl or transtion value unless otheise ststed in the relevant notes to the accounts. bl Tanglble Fixed Aets Computer equipment costing rrre than £500 is capitsliged and depreciated at 25% on a straigh14ine basis. c} Dobto Other debtors are measured at their cover¥ble anunts. dl Cash at bank Cash at bank includes short temi h•3hly Irquid irwegtm&nts with a short maturity of three nths or less from the date of acquisition or OFening of the deposit or similar account. el Credltorn Credttors are reccgnised when the charity has a present obfigation resulting from a past event that will probably result in the transfer of funds to a third paty and the amount due to settle the obligat1n can be measured or estimated reliably. Creditors are normalty recognised at their settlement arrlUnt after allowing for any trade discounts due. Incomo All income is included in the Statement of Financial Activitses when the charity is legally entiued to the income, receipt is probable and the amountcan be quantsfied vith reasonable accuracy. DonatK)Trs and grants are ree£gnised when received by or on hall of the charty. Fees are cOgniSed when they bme due.
WEST HILL PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR TO 319T AUGUST 2022 ACCOUNTING POLICIES {contlnued} gl EXpendIre Expenditure is included on an accruals basis. Raising funds are those costs incurred in fundraisirrfj. Charitable expendilure are costs incurred by the charity in the delivery of its actwits'es and services for its beneficiaries. h) Voluntogr help The value of any voluntary help received is not Iruded in the accounts but is described in the trustees, annual report. Thg Fund8 of the Charlty Funds hehj by the charity are". Restvl¢tgd Funds These are fvnds which can only be used for partKular restricted purposes within the objects of the charity. Restrictions arise when specthed by the donor or when the funds are raised for particular purposes. Unrestrfcted Funds These are fvnds that are not subject to any restricn$ regarding their use and are available for application within the charitable objects for the general purposes of the charity. Deslgnated Funds These are hjnds that are earnarked ty the trustees for specific purposes in the ftrture. The trustees have the power to r&designate such funds within the unrestricted funds. J) Financial Instfumgnts The charity onty has financial assets and Ik4bilities of a kind that qualfy as basic financial instruments. Basic financial inslrumenls are initialty recognised at transacts.on value and subsequendy measured at their Sement Value. kl Going concern The trustees considerthere a no material UnrtaInlieS about the charty's ability to o)nlinue as a going concem. LEGAL STATUS OF THE CHARITY The charity is a company limited by guarantee arKI has no share capital. The liability of each member in the event of winding up is limited to £10. TAXATION As a charity, West Hill Pr&School is exempl from tax on income and gains falling within sections 466 10 493 of the Corpgralion Tax Act 2010 to the extent that these are applied lo its eharitsbl8 purposes. No tsx Charges have aren in the charity.
WEST HILL PRE4CHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR TO 31$T AUGUST 2022 TANGIBLE FIXED As$s Computer equipmont COST At 1 September 2021 & 31 August 2022 2,396 DEPRECIATION Al 1 September 2021 Charge for year 991 599 At 31 August 2022 1,59) NET BOOK VALUE At 31* August 2022 At 31¢t August 2021 1,405 DEBTORS 2022 2021 Other Debtors 1,238 1,538 1.238 CREDITORS: Amounts fallln9 due wlthln one year 2022 2021 Other Creditors AccNals 806 700 1,799 625 2,424 DESIGNATED FUNDS nies have been placed in a savings bank account as provision for any fulure redundancy payments for staff and this is shown as a designated fvnd.
WEST HILL PRE4CHOOL NOTES TO ThE FINANCIAL STATEMENTS YEAR TO 31ST AUGUST 2022 EMPLOYMENT COSTS Total reMuneOn forthe year amounted to £98,667. Gross salaries amounted to £92.461. Pension costs tot211ed £1,667. Empbyer NIC amunted to £4,539. £4,291 was covered by the empbyment alk)wance shovm as other Inco. There were no empbyees Muneration above £60,000. The average numter of employees forthe yearwas 8. TRUSTEES. REMUNERATION AND EXPENSES No remunerab'on directty or indirecuy outofthe fijnds ofthe charity was paid or payable forthe year to any trustee or any pewn or rersons kn(pwn to connected with any ofthem. The Charity's Insuran induded trustee indemnty insurance. There were no trustees, expenses paid for the year ended 315t August 2022, nor for the year ended 3111 August 2021. 10. RELATED PARTY TRANSACTIONS There were no related paty trarHlions during the year. 14
WEST HILL PRESCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR TO 31ST AUGiIST 2022 Total unrestric Restrlcted Funds unrestr1¢ Restricted Funds Funds 2022 Funds Funds Total Funds 2021 INCOME FROM: 11. Donations Earty Year5 Funding artsj grant .881 96.881 .881 ,881 12. Charitsblg acti¥itio8 Fees- parents Fees- After Schcol Club Fees- t¢)Jd 28,492 7.575 28A92 7A75 18,640 18,640 337 337 36.152 36.152 18.977 18,977 15
WEST HILL PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR TO 31ST AUGUST 2022 Totsl Funds 2022 Totsl Funds 2021 Nots Unrestrlcted RtrIcted Funds Funds Unrestrictod Funds Restricted Funds 13. EXPENDITURE ON: Charitable actlvltles Employment Gosts Staff training & other slaff costs Consumables Licences Equipment Entertainmenuclasses Educational Support Rent Insurance Administration Other expenses Gifts lo Staff leavers Outdoor Project Accountancy & Sndependenl exam fee Depreciation 98,667 1,652 2,717 108 2,089 495 265 7,551 183 2,941 1,505 61 15,680 742 599 98,667 1,6S2 2,717 108 2,089 495 265 7,551 183 2.941 1,505 61 15,680 742 91,037 585 3.921 207 2.723 330 91.037 585 3,921 207 3,421 330 698 6,819 720 5,129 6,819 720 5,129 577 577 580 599 580 599 135,255 135,255 114.191 698 114,889
WEST HILL PRE-SCHOOL IA company limited by guarante?) UNAUDITED FINANCIAL STATEMENTS YEAR TO 31ST AUGUST 2022
WEST HILL PRE-SCHOOL UNAUDITED FINANCIAL STATEMENTS YEAR TO 31ST AUGUST 2022 CONTENTS Page Legal and Administfalive Irrfomiatk)n Rept)rt of the Trustees in¢lLKliThJ Directors, Report Independent Examinerfs ReFort statement of FffRncial ActNlties Balance Sheet 10 Notes to the FinarKial Statements 11-16
WEST HILL PRECHOOL LEGAL AND ADMINISTrATIVE INFORMATK)N YEAR TO 31ST AUGUST 2022 CHARI NAME 1Olest Hill Pre-school REGISTERED CHARfTY NUMBER 1162644 REGISTERED COMPANY NUMBER 09308414 {England and Wales) REGISTERED ADDRESS West Hill Villag8 Hall Beeth Pafk West Hill Ottery St Mary Devon EX111UQ CURRENT TRUSTEES Joanna 104knght (Chairl Claire Pegg (SeCtary) Heather Hatcher {Treasurerl Hannah Claxon (Safeguarding Lead) Louise Down Yusur Goc*lfellow Hannah Pantling Claire Rayner Susanna Wragg Joanna Wright INDEPENDENT EXAMINER Mrm B J Cronin MAAT FCIE Bowhill Bookkeeping SeTvices 172 Newman Road Exeter EX4 1PQ
WEST HILL PRE-SCHOOL REPORT OF THE TRUSTEES INCLUDING DIRECTORS, REPORT FOR THE YEAR TO 318T AUGUST 2022 The trustees, who are also Director5 of the charity for the pUoseS of the Companies Act 20C6, present their report wlh the financial statements of the charity for the year ended 3111 August 2022. The financial ststements have been prepared with the Statement of Recommended Practi.. Accountin9 and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191 - Icharilies SORP IFRS 102)) and with the Financial Reporting Slandard applicable in the United Kingdom and Republic of Ireland IFRS 1021. The financial statements have also been prepared wtth the Charities Act 2011 and 2022 amendments and the small Companies regime (SlI0n 419121 of the Companies Act 2006. STRUCTURE, GOVERNANCE AND MANAGEMENT Govgrnlng Documfynl The organisalion is a charitable company limlted by guarantee, in¢orporated on 12th November 2014 and registered as a charity with the Charity Commission on 13th July 2015. The company was established under a Memorandum of Association which established the objectives and powers of the charitable company and is govemed 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 Iruslees are elected by the members OT Co-opted by the trustees. One third of the members musl retire al the AGM bul members may be reappointed at the AGM. OTganl8atlonal Structure The trustees who served during the year and up lo the date the report was approved are as follows.. Joanna Wright (Chair from 201h September 20221 Claire Pegg (Secretary from 20th September 20221 Heather Hatcher [Treasur from 201n September 20221 Martin Hayball (Treasurer to 20th September 20221 Hannah Claxton Isafeguarding Lead) Louise Down Yusur Goodfellow {from 20th October 20211 Hannah Panlling Claire Rayner lfrom 20th October 20211 Susannah Wragg (from 251h January 2023} Felicity Carpenter (Chaii to 2¢yh September 20221 Danielle Receveur Isecretsry lo 2 September 20221 Cathy Armstrong Ito 20th September 20221 Claire Panzeri (to 20th September 2022} Kale Famier Ilo September 20211 Emily Perriam {lo September 20211 OBJECTIVES AND ACTIVITIES The aims of the Pfe-school are lo enhance tho development and education of children primarily under slalutory school age by encouraging pants to understand and provide for Ihe needs of their children through community groups and by.. a. Offering appropriate play, education and eare facilities. famity leaming and extended hours groups, together with the right of parents lo take responsibility for and lo become involved in activities of such groups, ensuring that such groups offer opportunib'es for all children whatever their race. culture, religion, means or ability..
WEST HILL PRE4CHOOL REPORT OF THE TRUSTEES INCLUDING DIRECTORS, REPORT FOR THE YEAR TO 31ST AUGUST 2022 OBJECTIVES AND ACTIVITIES (continued) encouraging the study of the needs of such children and their families and promoling public interest in and recognition of such needs in the local areas. Activities which demonstrate these objectives have been met include.. Pre-school runs a successful weekly toddler group open lo families with babies and toddlers living in the local area. P-SchOol is open 5 days a week {term timel. Sessions offer flexibility to meet the individual needs of parentslcarers. The day is split into sessions and parents are free to choose a combination of sessions, initially up to a maximum of 6 sessions, however further sessions are pemiitted rf space allows. Pla$ are available to children at 2 years and 6 months. PTe-School accepts Devon County Council funding for 2-year olds and 34 year olds and is also happy lo receive payment from parentslcarers either in full or in instalments via cash, cheque, BACS or childcare vouchers. Pre-school uses the Eaty Years Foundation Stage curriculum and links all areas of Learning and Development into the daily planning and observations. Pre-school's approach to leaming promoles the development of crealwity, individualty and self-confidence. Our environment incorporates both indoor and outdoor 'leaming' the philosophy being hat can be leamt inside can be learnt outside,. Pre-school incorporates the Govemmenys liter8cy'guidelines Letters and Sounds. into the daily routine, thus developing children's speaking and listening skills from an early age. Pre-school has a large selection of toys and equipment. These are reviewed regularly and updated to ensure they link to the Children's current intests. Different activities are planned each day such as craft paintsng, and baking. and include plenty of outdoor play. weather pemiitting. All staff are fully trained with relevantqualificalions and attend first aid and safeguarding training regularty. Parentallcarer involvement tskes place in a variety of way$. Parents Can join the committee and actively participate with the overall running of the Pre-school, volunteer on an ad hoc basis or help plan and run fundraising events. Parenlslcarers receive regular communication regarding Pre-school matters and also receive constant updates regarding their child's development via online profiles. Pre-school aims to ensure all sections of ils communty have access to the setting through open, fair and clearly communicated procedures. The tTUStees have gwen due consideration to the Charity Commission's published guidance on the Public Benefit requirement under the Charities Act 2011. The trustees are satisfied that the activities outlined above meet the public benefit purpose of the advancement of edUtiOn. ACHIEVEMENTS AND PERFORMANCE The 202112022 academic year started with a real feeling of normality which was a welcome change from the previoLbS years which had really been heavily affected by covid restrictions. Numbers were very strong despite the ongoing challenges of the COVID-19 pandemic, this femained the &1se throughout the year and finances were stable. The year started with 35 children on the register and ended with 42 children. As in previous years there were a18rge number of children that would be school age at the end of the summer tem so there was still the need to advertise Pre-school in the local area. This was done through Facebook posts and also through our Toddler group which started back after the summer.
WEST HILL PRE-SCHOOL REPORT OF THE TRUSTEES INCLUDING DIRECTORS, REPORT FOR THE YEAR TO 3187 AUGUST 2022 ACHIEVEMENTS AND PERFORMANCE (coThtlnued) With 35 children on the register numbers were very similar to the previous year for the autumn teTm, and again there were quite a few children that started on the minimum sessions with a view lo increasing those sessions after Christmas. Pre-school will continue to operate 5 days a week with both morning and aftemoon sessions being offered. FO$try Fridays started up again on 24th September. This runs on a Friday morning,. the children attending this session go to a designated Forest school sile al West Hill Primary School with a qualified Forest School Practitioner. They love being outside exploring and investigating the natural WOTId, challenging themselves and building a life-long love of the outdoors. They enjoy den building, climbing, swing building, playing in the mud krtchen, and much more. The sessions are focused around the children's interests and help build confidence and self-esteem. As part of this, on a Friday the Pre- school is sel up lo reflect the session, the slaff follow the Forest School ethos of natural resources and exploring nature. By extending Forest School into the setting, it helps embed the leaming that happens at the Forest School site. After ttvo years of being unable to celebrate the Harvest Festival in Church we could finally attend in person for this wonderful celebration and welcome parents along with us too. After October half temi we began to provide an After School Club from Monday-Thursday 3.15pm- 5.30pm open to all children from both the Pre-school and Primary school betsveen the ages of 3 and 10. This proved extremely popular from the start as services such as this are hard to find in the local area. We were also able to do a Christmas event this year. We opted for an outdoor event due lo Covid-19 case numbers being high in the local area, and the committee organised a fantastic Carols around the Christmas Tree evening with Singing and a visit from Santa. We held a raffle with amazing prizes, mulled wine and singing. It was really poputar with the whole communty. Lastly, we had a cocoa evening where the children came to the village hall in their pyjamas. read stories and Santa visited the children which was a lovely way to end the term. The Spring term started with 40 children on the register and increased sessions for most of our current children. This meant a busy time for all staff bul they tsckled this with their usual energy and enthusiasm. Once again, we were able lo plan events for this term which is atways so much fun for the children and made everyone feel like some kind of nomalty was retuming following the pandemic. Oue to the high numbers of children the decision was made to run Rising 5's sessions in the upstairs room of the village hall lo help prepare the school age ¢hildren fol September. These momings gave the rising 5's a unique opportunity to work on listening and school adIneSS skills. We worked very closely with Wesl Hill Primary School lo ensure that the transition to School was smooth. Alongside working on the weekly phonics theme we focused on our daily routineg sueh as hanging up coats, putting on own shoes and coats and good hygiene such as hand washing and toileting. We also refleeled the register taking at school and circle tsme where there are aclivrties. games and stories. We also do lols of fun playing and creating. Aside from this Pre-school continued lo follow a child led and child cenlred approach which means that sessions are slruclured through following children's interests as they happen supporting learning in a gentle child led fashion. This was built on further in the summer term with the introduction of a pre- school children's committee. A small group of children would meet with our fomier manager and make decisions on things such as what snack they would like on each day and which activities they would like to do. It was rotated each week so all children were given an opportunity to take part. During the February half term, we had a long awaited redesign of our outdoor space. A fixed canopy was built by a local landscaping firrn which has transformed Pre-school and enabled the children lo be outside in all weathers. 11 has provided mLtch needed shade and shelter come rain or shine.
WEST HILL PRE-SCHOOL REPORT OF THE TRUSTEES INCLUDING DIRECTORS, REPORT FOR THE YEAR TO 31ST AUGUST 2022 ACHIEVEMENTS AND PERFORMANCE l¢ontlnuedl Both the children and Staff have provided wonderful feedback on the garden and we are very pleased lo have completed the work. Next on the calendar was Motherfs Day and due to another Trse in local Covid-19 cases we decided that as the weather was so lovely, we would do an afternoon tea party in our beautiful garden rather than going to the church as we had in previous years. The children loved getting the garden adY and then seNing lots of yummy cakes to the Mummies and Grandmas. In the last week of term, we did an Easter Egg Hunt around the school field. There were clues to follow and an easter egg at the end for each child. A great way lo end an extremely busy terml During the holidays, we organised a Queens Platinum Jubilee Scarecrow competition for the whole village. This was kindly sponsored by West Hill Parish Council. Residents were invited lo make and display their royal scarecrows for all Ihe village lo see. They were then judged by the Wesl Hill Parish Councillors, and prizes given out for 111 2nd and 3rd place these were kindly donated by the Parish Council. All entry fees were donated to the Pre-school. The Summer Term began in a similarway with child numbers still hlgh and many sessions fully booked. In May to mark the Queen's Platinum Jubilee, we had a wonderfvjl tea paty in the garden with yummy scones and cakes donated by parents. This was followed by our Falherfs Day celebration in June when we served mid-morning bacon sandwiches and hot drinks lo our Daddies and Grandads. It has been $0 lovely to h8ve $0 many events in our calendar this year and lots of 981 opportunities to enjoy our fantastic outdoor space. Hosplscare held a table top sale on 7th May that the pre-school took part in. The ¢ommlttee worked hard collecting second hand clothing an¢J toys, sorted through them all and sold them lo raise funds. The remaining clothes and toys were donated to a Ukraine appeal to assist charities working with refugees. Sports day was a great suecess with both parents and Children, it was held in the school fteld with parents able lo watch, we had a mlx of races, laYS, and a paTenl's race. On S8turd8y 91h July we had a table at tho West Hill Summer Fete and declded lo sell cakes and lemonade again following the success of last year. It was a scorching hot day but a very successful onel This year we We able lo have a Graduation Day with minimal $triCt10ns. We had Miss Miranda's Music again as a treat for the children along with paty food and then parents were able to join afterwards for the ceremony and presentation of personalised graduation colouring pencils. The ¢hildren also all enjoyed a special visit from the i¢e<ream van as a treat. Staff update Clare Hedges temporarily went over lo the primary school to asslst as a Teaching Asslstsnl in the reception class for the duration of the Autumn term. She then applied for a permanent post and got the job, so left the preschool. Recruitment has been a huge part of Pre-school over the Spring and Summer terms. We have been exceptionally busy njnning al maximum capacity in all our sessions and working hard to add lo our staff numbeTS to keep the pre-school wrsning in the same way for the temis and years ahead.
WEST HILL PRE-SCHOOL REPORT OF THE TRUSTEES INCLUDING DIRECTORS, REPORT FOR THE YEAR TO 31ST AUGUST 2022 ACHIEVEMENTS AND PERFORMANCE Icontlnuedl Staff updat& (contlnuedl Al the beginning of the Summer Term we were saddened lo receive a resignation letter from Patricia RatcSiff after 4 fantastic years at Pre-school. Patricia left at the end of the Summer Term lo spend more time at home supporting her family. We were very fortunate to be able lo recruit a new manager by the beginning of June and Natalie Taylor started with us on 141h June to ensure a thorough handover. Natalie Taylor has already done a fantastic job of bringing herself up to speed with how the pre-school operates, sorting out paperwork and having a quick reshuffle of the resources cupboards. The Pre- School is very lucky lo have her on board and we look fornyard lo all the exciting events and activities to come over the next academic year. COMMirrEE UPDATE: Danielle Receuver. our Secretary. Martin Hayball our TreasUr, Claire Panzeri and Cathy Amstrong are resigning from the preschool committee and we thank them for all of their hard work lo dale on behalf of the preschool. This is a great opportunity for anyone who is interested in getting involved with the fvture running of preschool lo join the committee. FUTURE PLANS: Parents evenings Christmas Bazaar Large sand pit Inslallalion FINANCIAL REVIEW Income for 21122 wa$ £114,139 this Is compared with £118,291 in the pvIOuS year la decreas8 of £4,152> In¢ome from Early years funding was £72.484 and £36,C67 fees from parents including for after school club Fundraising raised £618 Ilncome less costs) Expenditure for the year was £135,777. The year before was £114,970 $0 an in¢rea$e of £20,807. There has been an increase in wage costs of 8% and a large amount of expenditure on equipment in lo improve the outdoor space. The total cost of the Canopy and other garden improvements was £15,885. Largest expenditures were wages of £98.667 {increase of £7,630 on prevlous yearl. June, July and August we paid tsvo managers while handover was in progress. Rent £7,551 (increase of £732 on previous year due to additional sessions offeied and rising 5's sessions and after school ¢lubl. Administration e.g insurance, phone. Otsted £2.941 (a de¢rease of £2,188 on previous yearl. There was an overall loss of £21,638 for the year compared with a profft of £3,321 from the previous year. This is partly due to the huge inveslmenl made on the outdoor space and other equipment t)ought lo improve Pre-school lequipmenl spending amounted lo £17,769) and staff training costs of £1,652 for Louise Harris Forest School Practitioner course. Tammie Clarke PANCO course and First Aid. The opening balance on current ac¢ount was £41.846 and closing balance on current account was £19,585. Saving account (used as a staff redundancy and emergency fund) opened and Closed c £31.8K. Only activity on account was small amount of interest paid.
WEST HILL PRE-SCHOOL REPORT OF THE TRUSTEES INCLUDING DIRECTORS. REPORT FOR THE YEAR TO 31ST AUGUST 2022 FINANCIAL REVIEW Icontlnued) Accounts will be examined by an independent examiner and a fin81 full set of accounts will be sent to Companies House and the Charity Commission in due course. Finally, we would like to say thank you again to everyone who has supported Pre-Scht)ol over the past year. Particulaty our wonderfLbS and dedicated committee, who have been so supportive to our staff team, taking time out of their busy schedules to help when required. We are confident we can have another successful year seeing the Childn thrive in a supportNe environment where staff and parents work alongside each other for the benefit of the children. RESERVES POLICY At the year-end. the charity's unrestricted reserves amounted to £20.423. £31.806 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 beeen 1-2 months unrestricled expenditure. STATEMENT OF TRUSTEE'S RESPONSIBILrriES The trustees (who are also the directors of West Hill Pre-school) are responsible for preparing the annual report and the accounts in accordanc£ with applicable law and regulations. Company law requires the directors lo 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 charitsble company for that period. In preparing these financial statements. the directors are required to". select suitable accounting policies and then apply them consislentty: observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent", and prepare the financial statements on the going concern basis unless it 1$ inappropriate to presume that the charlty will CA)ntinue in business. The direclors are responsible fr)r keeping adequate accounting records that are sufficient to show and explain the company's transactions and disc105e with reasonable accuracy at any lime 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. Th15 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 ....OS.,.o..Q....Z:.......and signed on their behalf by.. /, HEfftWEL HpifciiÉL Trustee
WEST HILL PRE-SCHOOL INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF WEST HILL PRE4CHOOL I report on the accounts of the Company for the year to 31rf August 2022 which are sel out on page$ 9 to Respon61bllltle8 and bas18 of report As the charity's trustees of the Company land also ils 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 20061.the 2006 Act,). Having satisfied myself that the accounts of the Company ar8 not required to be audrted under Part 16 of the 20C6 A¢1 and are eligible for independent examination, I reFK)rt in resped of my examination of your charity's accounts as Caled out under section 145 of the Charits"es A¢t 20111'the 2011 Act'l. In carrying out my examination I have followed the Dir8clion$ given by the Charity Commission under $e¢lion 14515) Ibl of the 2011 Act. Indep•nd•nt •x•mln•V8 •tat•mont I have completed my examlnats'on. l ¢onfimi thal no matters have come lo my attention in connection wlth the examination giving cause to b8lleve" accounting records were not kept In respect of the Company a5 required by $8Ctlon 386 of the 2006 act,. or 2. the a¢¢ounls do not aord wlth those rords., or 3. Ihe accounts do not Comply wrth the a¢¢ounting requirements of sectton 396 of the 20CE Act other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. or 4. the accounts have not been prepared In accordan wlth the methods and princlples ol the Statement of Recommended practi for accounting and reporting by charities (applicable lo charities preparing their accounts in accordance with th8 Finanal Reporting Standard applicable in the UK and Republ of Ireland IFRS 1021). I have no concems and I have come across no other matters in connection with the examination to whi¢h attention should be drawn in this report in order lo enable a prop8r undewslanding of the accounls to be raached. Mr M Cronln MAAT FCIE Bowhlll Bookkeèplng SoNlces 172 Newman Road Exoter EX41PQ Date
WEST HILL PRE4CHOOL STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31ST AUGUST 2022 Total Fund8 2022 Total Funds 2021 Unre8trl¢ted Funds Restrlctsd Funds Unrostrlcted Funds R08tricted Funds Nota INCOME FROM: Donations Charitable activities Other trading activit.. Fundraising income Investment ir¢coTh'. Bank interest Other 11 12 72,484 36,152 1,140 72,484 38,152 ,881 18,977 110 20 2,303 96,881 18,977 110 20 2,303 4.359 4,3S9 TOTAL 114,139 114,139 118,291 118,291 EXPENDrruRE ON: Raising Funds Charitable activities 522 135,255 522 135,255 81 114,191 81 114,889 13 698 TOTAL 135,777 135,777 114,272 698 114.970 NET INCOMEIIEXPENDITURE) {21.638) 121,6381 4.019 1698) 3,321 TRANSFERS BETWEEN FUNDS 1781 78 NET MOVEMENT IN FUNDS 121,6381 121,6381 3,941 16201 3.321 RECONCILIATION OF FUNDS: TOTAL FUNDS BROUGHT FORWARD 73.871 73,871 69,930 620 70,550 TOTAL FUNDS CARRIED FORWARD 52.233 52.233 73,871 73,871
WEST HILL PRE-SCHOOL BALANCE SHEET AS AT 31•I AUGUST 2022 At31$t August 2022 At315t August 2021 FIXED ASSETS Comwter Equipment 806 1,405 CURRENT AS$S. Debtors Cash at bank and in hand 1,538 51,395 1,238 73,652 52.933 74,890 LIABILITIES: Creditors.. Amounts falling due within one year (1,506) 12.424) NEf CURREKf ASSETS 51,427 72,466 TOTAL NET ASSETS 52,233 73,871 THE FUNDS OF THE CHARrrY: Unrestricted Funds Designat&J Funds 20.423 31,810 42,(E5 31,806 TOTAL CHARITY FUNDS S2,233 73,871 For the year ending 31¥t August 2022. the charitable company was entitled to exemption from audit under section 477 ofthe Companies kt 2006 relating to small companies. The notes on pages 11-16 fomi an integral part ofthese accounts. Responslbllftles of Inte85 {a) The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordan with sects.on 476 of the Companies Act- however in accordance wrth section 145 of the CharFties Act 2011 the accounts have been examin1 by an independent examiner whose report appears on p>38 8. Ibl The trustees acknowledge their responsibilities for comptying with the requiremnts of the Companies Act witrt respect to accountiThJ records and the preparation of acojunts. These ffinanchgl Stateffnts have been prepared in accordance with the provisions applicable to companies subject to the small companies. regime and in acrx)rdance with FRS 102 and were approved by the tfuslees on......OS. O Q... and signed on their behalf by.. Tru8to0 10
WEST HILL PREcHOoL NOTES TO THE FINANCIAL STATEMENTS YEAR TO 31ST AUGUST 2022 ACCOUNllNG POLICIES al Ba818 of Accounting The financial slalements have been prepared wrth the Statement of RecLmmended Practice.. Accounting and Rewrting by Charities preparing theif accounts in accordan with the Financial Reporting Standard applicable in the UKand Republic of Ireland IFRS 1021 (effective 1 January 2019) - (Charities SORP (FRS 102}l and with the Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland IFRS 102)- The finanaal ststements have also been prepared with the Charities Acl 2011 and 2022 amendments and the small Companies regime Iseciion 419 {21 ofthe Companres Act 2(X6. West Hill Pr&S¢hool meets the definit)n of a publ[¢ benefit entity under FRS 102. The financial slatements have been prepared under the htstorical cost convention with items reccgnised at L¥)sl or transtion value unless otheise ststed in the relevant notes to the accounts. bl Tanglble Fixed Aets Computer equipment costing rrre than £500 is capitsliged and depreciated at 25% on a straigh14ine basis. c} Dobto Other debtors are measured at their cover¥ble anunts. dl Cash at bank Cash at bank includes short temi h•3hly Irquid irwegtm&nts with a short maturity of three nths or less from the date of acquisition or OFening of the deposit or similar account. el Credltorn Credttors are reccgnised when the charity has a present obfigation resulting from a past event that will probably result in the transfer of funds to a third paty and the amount due to settle the obligat1n can be measured or estimated reliably. Creditors are normalty recognised at their settlement arrlUnt after allowing for any trade discounts due. Incomo All income is included in the Statement of Financial Activitses when the charity is legally entiued to the income, receipt is probable and the amountcan be quantsfied vith reasonable accuracy. DonatK)Trs and grants are ree£gnised when received by or on hall of the charty. Fees are cOgniSed when they bme due.
WEST HILL PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR TO 319T AUGUST 2022 ACCOUNTING POLICIES {contlnued} gl EXpendIre Expenditure is included on an accruals basis. Raising funds are those costs incurred in fundraisirrfj. Charitable expendilure are costs incurred by the charity in the delivery of its actwits'es and services for its beneficiaries. h) Voluntogr help The value of any voluntary help received is not Iruded in the accounts but is described in the trustees, annual report. Thg Fund8 of the Charlty Funds hehj by the charity are". Restvl¢tgd Funds These are fvnds which can only be used for partKular restricted purposes within the objects of the charity. Restrictions arise when specthed by the donor or when the funds are raised for particular purposes. Unrestrfcted Funds These are fvnds that are not subject to any restricn$ regarding their use and are available for application within the charitable objects for the general purposes of the charity. Deslgnated Funds These are hjnds that are earnarked ty the trustees for specific purposes in the ftrture. The trustees have the power to r&designate such funds within the unrestricted funds. J) Financial Instfumgnts The charity onty has financial assets and Ik4bilities of a kind that qualfy as basic financial instruments. Basic financial inslrumenls are initialty recognised at transacts.on value and subsequendy measured at their Sement Value. kl Going concern The trustees considerthere a no material UnrtaInlieS about the charty's ability to o)nlinue as a going concem. LEGAL STATUS OF THE CHARITY The charity is a company limited by guarantee arKI has no share capital. The liability of each member in the event of winding up is limited to £10. TAXATION As a charity, West Hill Pr&School is exempl from tax on income and gains falling within sections 466 10 493 of the Corpgralion Tax Act 2010 to the extent that these are applied lo its eharitsbl8 purposes. No tsx Charges have aren in the charity.
WEST HILL PRE4CHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR TO 31$T AUGUST 2022 TANGIBLE FIXED As$s Computer equipmont COST At 1 September 2021 & 31 August 2022 2,396 DEPRECIATION Al 1 September 2021 Charge for year 991 599 At 31 August 2022 1,59) NET BOOK VALUE At 31* August 2022 At 31¢t August 2021 1,405 DEBTORS 2022 2021 Other Debtors 1,238 1,538 1.238 CREDITORS: Amounts fallln9 due wlthln one year 2022 2021 Other Creditors AccNals 806 700 1,799 625 2,424 DESIGNATED FUNDS nies have been placed in a savings bank account as provision for any fulure redundancy payments for staff and this is shown as a designated fvnd.
WEST HILL PRE4CHOOL NOTES TO ThE FINANCIAL STATEMENTS YEAR TO 31ST AUGUST 2022 EMPLOYMENT COSTS Total reMuneOn forthe year amounted to £98,667. Gross salaries amounted to £92.461. Pension costs tot211ed £1,667. Empbyer NIC amunted to £4,539. £4,291 was covered by the empbyment alk)wance shovm as other Inco. There were no empbyees Muneration above £60,000. The average numter of employees forthe yearwas 8. TRUSTEES. REMUNERATION AND EXPENSES No remunerab'on directty or indirecuy outofthe fijnds ofthe charity was paid or payable forthe year to any trustee or any pewn or rersons kn(pwn to connected with any ofthem. The Charity's Insuran induded trustee indemnty insurance. There were no trustees, expenses paid for the year ended 315t August 2022, nor for the year ended 3111 August 2021. 10. RELATED PARTY TRANSACTIONS There were no related paty trarHlions during the year. 14
WEST HILL PRESCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR TO 31ST AUGiIST 2022 Total unrestric Restrlcted Funds unrestr1¢ Restricted Funds Funds 2022 Funds Funds Total Funds 2021 INCOME FROM: 11. Donations Earty Year5 Funding artsj grant .881 96.881 .881 ,881 12. Charitsblg acti¥itio8 Fees- parents Fees- After Schcol Club Fees- t¢)Jd 28,492 7.575 28A92 7A75 18,640 18,640 337 337 36.152 36.152 18.977 18,977 15
WEST HILL PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS YEAR TO 31ST AUGUST 2022 Totsl Funds 2022 Totsl Funds 2021 Nots Unrestrlcted RtrIcted Funds Funds Unrestrictod Funds Restricted Funds 13. EXPENDITURE ON: Charitable actlvltles Employment Gosts Staff training & other slaff costs Consumables Licences Equipment Entertainmenuclasses Educational Support Rent Insurance Administration Other expenses Gifts lo Staff leavers Outdoor Project Accountancy & Sndependenl exam fee Depreciation 98,667 1,652 2,717 108 2,089 495 265 7,551 183 2,941 1,505 61 15,680 742 599 98,667 1,6S2 2,717 108 2,089 495 265 7,551 183 2.941 1,505 61 15,680 742 91,037 585 3.921 207 2.723 330 91.037 585 3,921 207 3,421 330 698 6,819 720 5,129 6,819 720 5,129 577 577 580 599 580 599 135,255 135,255 114.191 698 114,889