# **PEACHCROFT PRE-SCHOOL CHARITABLE INCORPORATED ORGANISATION FINANCIAL ACCOUNTS 31 AUGUST 2021** **COMPANY NUMBER: CE004569 CHARITY NUMBER 1163995** ## **NOCKELS GEE** Chartered Certified Accountants 5 The Chambers Vineyard Abingdon-on-Thames ## **PEACHCROFT PRE-SCHOOL** ## **FINANCIAL ACCOUNTS** ## **YEAR ENDED 31 AUGUST 2021** **CONTENTS PAGE** Trustees Annual Report **1** Independent Examiner’s Report on the accounts **7** Receipts and Payments accounts ## **Trustees’ Annual Report for the period** **From 1 September 2020 To 31 August 2021 Charity name: Peachcroft Pre School** **Charity registration number: 1163995** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the charity are the
development and education if young
people in particular by:
(1) Promoting their care and safety
(2) Promoting their education and
promoting parent involvement;
(3) Promoting their health and well being;
(4) Providing services to support them and
their families and carers;
(5) Promoting the services to individuals
holding membership of the CIO; and
(6) Furthering the aims of the pre-school
and the learning alliance.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|The aims of the pre-school are to enhance
the development and education of children
under statutory school age by offering
appropriate play, education and care
facilities.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The charity has taken note of and had
regard for the guidance on public benefit
issued by the Charity Commission and
uses this to meet its objectives and in the
forward planning of the charity.
Access to benefits is unrestricted within
practical constraints relating to the
premises used. Disabled access is
available.
The pre-school offers care and education
for children aged 2 years 6 months to 5
years old. It follows the Early Years
Foundation policies and procedures and
offers a broad and balanced curriculum.| 1 ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|n/a| |Policy on social investment
including program related
investment|Para 1.38|n/a| |Contribution made by
volunteers|Para 1.38|Volunteers (fundraising committee
including the Trustees) contribute in many
ways including organising fund-raising
events and providing bookkeeping
services.
It is difficult to quantify the cost of the time
the volunteers give to the charity but this is
invaluable to what they undertake for us.| |Other||n/a| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|•
Trustees with clear roles in place
•
The pre-school is fully staffed, and
job descriptions are clear
•
We aim for the pre-school to run at
full capacity.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|n/a| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|n/a| |Investment performance
against objectives|Para 1.41|n/a| |Other||n/a| 2 ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|The accounts are showing a surplus for the
year of £10,944. (2020: £11,538 surplus).
Income has increased to £138,646 (2020:
£131,632). The increase is due to County
Council funding and grants.
The charity’s expenditure of £127,702
(2020: £120,094) has supported the
objectives of the charity. For example, the
costs of training supervisors enhance the
level of care provided to the children using
the pre-school.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|A minimum of £52,000 is needed as a
contingency fund and a minimum of
£10,000 for reserves. This is to provide
reserves to maintain the operations of the
pre-school in the event of a reduction in
numbers attending.| |Amount of reserves held|Para 1.22|All the funds of the charity are unrestricted
and can be used in accordance with the
charitable objectives of the trustees and the
charity does not have any stipulation on
how these funds should be spent.
The pre-school does not have any
designated or restricted funds although
£108,765 was held in deposit accounts at
the year end (2020 - £97,821)
The deposit account balance of £57,668 is
the contingency fund and the account
balance of £21,252 is ring fenced for a new
build.| |Reasons for holding zero
reserves|Para 1.22|n/a| |Details of fund materially in
deficit|Para 1.24|n/a| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The charity is a going concern.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|The charity’s main sources of income are
as follows:-
•
Early year County Council funding
and grants
•
Pre school attendance fees| |---|---|---| |Investment policy and
objectives including any|Para 1.46|n/a| 3 |social investment policy
adopted||| |---|---|---| |A description of the principal
risks facing the charity|Para 1.46|The Trustees regularly review the major
risks the Trust faces.
Insurance and Health and Safety issues are
assessed annually.| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|The pre-school Constitution was adopted at
the Annual General Meeting in September
2016.| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|The charity is a charitable incorporated
organisation, registered on 15th October
2015.| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|The trustees are elected by parents of the
children who attend the Pre School at the
Annual General Meeting.
If the appointment proceeds, this is done
by a formal Deed of Appointment.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|The prospective Trustee will meet all the
Trustees. Copies of the incorporation
document, recent annual reports and
accounts together with relevant Charity
Commission publications are made
available as required. Training is provided
as required.| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity work|Para 1.51|We are an independent Community Centre
based Pre-School with CIO status with
three Trustees.| |Relationship with any
related parties|Para 1.51|Mrs K Thorne received remuneration during
the year totalling £15,450 (2020: £13,648).
The salary paid is for her services as
nursery nurse manager and was approved
by the board of trustees.
One trustee had expenses reimbursed
totalling £4,037 (2020: £2,537) in respect of
administration and pre school running
costs.
There were no donations from trustees or
related parties in this or the previous year.| 4 Other: The average number of employees is 10 Average number of (2020: 10). employees ## **Reference and Administrative details** |Charity name|Peachcroft Pre School| |---|---| |Other name the charity uses|| |Registered charity number|1163995| |Charity’s principal address|Community Centre,
Lindsay Drive
Abingdon-on-Thames
Oxon
OX14 2RT| **Names of the charity trustees who manage the charity** |1
2
3
4
5|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Neil Pitts|Chairman||| ||Karen Thorne|Treasurer||| ||KellyColes|||| |||||| |||||| ## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|n/a| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|n/a| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets|n/a| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**
**adviser**|**Name**|**Address**| |---|---|---| |**Independent**
**examiners**|Nockels Gee
Accountants Ltd|5 The Chambers, Vineyard, Abingdon-on-Thames, Oxon| |||| 5 **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||NEIL PITTS|| ||
CHAIRMAN|| ||31 January 2022|| ||31 January 2022|| 6 **PEACHCROFT PRE-SCHOOL** ## **INDEPENDENT EXAMINER’S REPORT** ## **YEAR ENDED 31 AUGUST 2021** ## **Report to the trustees/ PEACHCROFT PRE-SCHOOL members of** **On accounts for the year 31 AUGUST 2021 Charity no 1163995 ended (if any)** **Set out on pages** **8 and 9** I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 August 2021.** **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation of **basis of report** 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Signed: Date:** 15 February 2022 **Name:** Helen Gee **Relevant professional** FCCA **qualification(s) or body (if any):** **Address:** Nockels Gee Accountants Ltd. 5 The Chambers, Vineyard Abingdon-on-Thames OX14 3PX 7 ## **PEACHCROFT PRE-SCHOOL** ## **RECEIPTS AND PAYMENTS ACCOUNTS** ## **YEAR ENDED 31 AUGUST 2021** ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**111,029**
**24,990**
**-**
**555**
**1,297**
**222**
**483**
**-**
**7**
**63**
**138,646**|**Unrestricted**
**funds**
**to the nearest £**
**111,029**
**24,990**
**-**
**555**
**1,297**
**222**
**483**
**-**
**7**
**63**
**138,646**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**111,029**
**24,990**
**-**
**555**
**1,297**
**222**
**483**
**-**
**7**
**63**
**138,646**
**-**
**138,646**
**102,393**
**5,224**
**9,024**
**494**
**988**
**3,171**
**571**
**1,946**
**569**
**120**
**196**
**182**
**1,106**
**60**
**628**
**930**
**100**
**127,702**
**-**
**127,702**
**10,944**|**Total funds**
**to the nearest £**
**111,029**
**24,990**
**-**
**555**
**1,297**
**222**
**483**
**-**
**7**
**63**
**138,646**
**-**
**138,646**
**102,393**
**5,224**
**9,024**
**494**
**988**
**3,171**
**571**
**1,946**
**569**
**120**
**196**
**182**
**1,106**
**60**
**628**
**930**
**100**
**127,702**
**-**
**127,702**
**10,944**|**Last period**
**to the nearest £**| |---|---|---|---|---|---|---|---|---|---| |Funding and grants|**111,029**||||||||**101,226**| |Fees|**24,990**||||||||**26,615**| |Snack fees|**-**||||||||**1,016**| |Lunch club|**555**||||||||**435**| |Fundraising|**1,297**||||||||**1,088**| |Photos & Uniforms|**222**||||||||**740**| |Christmas/ Halloween party|**483**||||||||**370**| |School trip|**-**||||||||**-**| |Bank interest|**7**||||||||**142**| |Other - donations|**63**||||||||**-**| |**_Sub total_**|**138,646**||||||||**131,632**| |**A2 Asset and investment sales, etc.**
**_Total receipts_ **
**A3 Payments**|||||||||| ||**-**||**-**||**-**||**-**||**-**| ||**138,646**
**102,393**
**5,224**
**9,024**
**494**
**988**
**3,171**
**571**
**1,946**
**569**
**120**
**196**
**182**
**1,106**
**60**
**628**
**930**
**100**
**127,702**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||||| ||||||||||**131,632**| ||||||||||| |Wages paid|**102,393**||||||||**101,232**| |Tax, NI and pension payments|**5,224**||||||||**2,986**| |Rent|**9,024**||||||||**5,768**| |Computer costs and software|**494**||||||||**1,360**| |Telephone|**988**||||||||**1,241**| |Professional fees|**3,171**||||||||**1,155**| |Repairs and Materials|**571**||||||||**314**| |Toys and equipment|**1,946**||||||||**1,717**| |General administration|**569**||||||||**1,715**| |Fundraising|**120**||||||||**-**| |Photos and Uniforms|**196**||||||||**648**| |Milk and fruit|**182**||||||||**523**| |Consumables|**1,106**||||||||**785**| |School trip and parties|**60**||||||||**48**| |Training|**628**||||||||**502**| |Food vouchers for vunerable children|**930**||||||||**-**| |Petty cash Expenditure|**100**||||||||**100**| |**_Sub total_ **|**127,702**||||||||**120,094**| |**A4 Asset and investment**
**purchases, etc.**
**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_ **|||||||||| ||**-**||**-**||**-**||**-**||**-**| ||**127,702**
**10,944**
**-**
**97,821**
**108,765**||**-**
**-**
**-**
**-**
**-**
8||**-**
**-**
**-**
**-**
**-**||||| ||||||||||**120,094**| ||||||||||| ||||||||**10,944**||**11,538**| ||||||||**-**||**-**| ||||||||**97,821**||**86,283**| ||||||||**108,765**||**97,821**| ||||||||||| ## **PEACHCROFT PRE-SCHOOL** ## **RECEIPTS AND PAYMENTS ACCOUNTS** ## **YEAR ENDED 31 AUGUST 2021** ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on behalf of
all the trustees
**B2 Other monetary assets**
**B5 Liabilities**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
NEST pension creditor
Independent examination
Bank accounts
Petty cash
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**108,765**
**-**
**-**
**-**
**-**
**-**
**108,765**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
unrestricted
**720**
unrestricted
**299**
**-**
**-**
Print Name
NEIL PITTS|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||Date of
approval| |||NEIL PITTS|31-Jan-22| ||||| 9