## Shobdon Arches Preschool 

Charity Number: 1162971 

Trustee’s Annual Report 

For the Year Ended 31st August 2023 

Shobdon Arches Preschool is a Charitable Incorporated Organisation (CIO) that provides childcare for children aged 2-5 years. The charity works for the public benefit having as its prime objective the development and education of children and young people. 

The loss in the year has been incurred due to overstaffing and lack of grants.  The committee members as 31st August 2023 were Georgina Halmshaw, Jessica Aitkin & Caroline George. 

The accounts attached show a true and fair view of the financial performance of Shobdon Arches Preschool. 

Signed…… …Caroline George (Trustee) 



## **Profit and Loss** 

## **Shobdon Arches Pre School For the year ended 31 August 2023** 

|**Profit and Loss**<br>**Shobdon Arches Pre School**<br>**For the year ended 31 August 2023**|||
|---|---|---|
||**2023**|**2022**|
|**Turnover**|||
|Fund Raising|2,461.47|40.54|
|Grant Income|431.15|7,977.20|
|NEF Funding|43,810.77|58,362.02|
|Private Fees|17,668.50|3,884.75|
|**Total Turnover**|**64,371.89**|**70,264.51**|
|**Cost of Sales**|||
|Food|633.19|42.82|
|Miscellaneous Purchases|448.44|63.87|
|Resources|1,865.46|1,225.64|
|**Total Cost of Sales**|**2,947.09**|**1,332.33**|
|**Gross Profit**|**61,424.80**|**68,932.18**|
|**Administrative Costs**|||
|Accountancy & Payroll costs|1,104.61|411.55|
|Cleaning & Hygiene|150.66|406.72|
|Electricity|1.00|-|
|Employers Pension|629.51|1,173.32|
|Gross Wages|58,798.27|55,943.86|
|Insurance|566.93|529.40|
|Legal Fees|35.00|35.00|
|Rent|5,441.00|4,727.00|
|Repairs|-|10.39|
|Stationery|13.97|220.48|
|Subscriptions|984.82|156.20|
|Telephone|508.54|26.79|
|Training Costs|694.62|2,196.55|
|**Total Administrative Costs**|**68,928.93**|**65,837.26**|
|**Operating Profit**|**(7,504.13)**|**3,094.92**|
|**Profit on Ordinary Activities Before Taxation**|**(7,504.13)**|**3,094.92**|
|**Profit after Taxation**|**(7,504.13)**|**3,094.92**|



Profit and Loss Shobdon Arches Pre School 

21 Apr 2024                                                                                                                                                                                             Page 1 of 1 




## **Independent examiner's report on the accounts** 

## **Section A                        Independent Examiner’s Report** 

**Report to the trustees/** Charity Name Shobdon Arches Preschool **members of On accounts for the year** 31 August 2023 **Charity no** 1162971 **ended (if any) Set out on pages** 1-2 (remember  to include the page numbers of additional sheets) 

**Report to the trustees/ members of** 

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2023 

**Responsibilities and basis of report** 

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

I report in respect of my examination of  the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

- **Independent** I have completed my examination.  I confirm that no material matters have 

- **examiner's statement** come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: 

   - the accounting records were not kept in accordance with section 130 of the Charities Act; or 

   - the accounts did not accord with the accounting records; or 

   - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 

I have no concerns and 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. 

* _Please delete the words in the brackets if they do not apply._ 

**Signed:** BJaggard **Date:** 21/04/2024 **Name:** Bernice Jaggard **Relevant professional** Institute of Financial Accountants & ACCA **qualification(s) or body (if any): Address:** 2 Lark Gardens, Clehonger, Hereford, HR2 9FF 

1 

**Oct 2018** 

**IER** 



## **Section B                           Disclosure** 

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 

**Give here brief details of** None **any items that the examiner wishes to disclose** . 

2 

**Oct 2018** 

**IER**