**Trustees' Annual Report for the period** **From To** Period start date Period end date 1st September 2022 31[st] August 2023 ## Section A Reference and administration details **Charity name** Padnell Pre-School **Other names charity is known by** **Registered charity number (if any)** 1167296 **Charity's principal address** Padnell Avenue Cowplain Waterlooville **Postcode PO8 8DS** ## **Names of the charity trustees who manage the charity** ||1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---|---| |||Hannah Shepherd|Chair||| |||AmyMitchell|Secretary||| |||MandyGrayson|Trustee||| |||Diane Kingsbury|Treasurer||| |||Lana Attwood|Trustee||| |||Ellie Waller|Trustee||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| |||**Names of the trustees for the charity, if any, (for example, any custodian trustees)**|||| |||**Name**||**Dates acted if not for whole year**|| ||||||| ||||||| ||||||| **TAR** Dec 2022 1 |**Names and addresses of advisers (Optional information)**
**Type of adviser**
**Name**
**Address**|**Names and addresses of advisers (Optional information)**
**Type of adviser**
**Name**
**Address**|**Names and addresses of advisers (Optional information)**
**Type of adviser**
**Name**
**Address**|**Names and addresses of advisers (Optional information)**
**Type of adviser**
**Name**
**Address**| |---|---|---|---| ||||| ||||| ||||| ||||| |**Name of chief executive or names of senior staff members (Optional information)**|||| ||||| ||||| |**Section B Structure, governance and management**|||| |**Description of the charity’s trusts**
Type of governing document
(eg. trust deed, constitution)
Articles of Association
How the charity is constituted
(eg. trust, association, company)
Company Limited by Guarantee
Trustee selection methods
(eg. appointed by, elected by)
Elected by members|||| |||
Articles of Association|| |||Company Limited by Guarantee|| |||Elected by members|| ## **Additional governance issues (Optional information)** The Pre-School is a charitable company limited by guarantee incorporated You **may choose** to include in March 2011 and registered as a charity June 2011. The company was additional information, where established under a memorandum of association, which established the relevant, about: objects and powers of the charitable company and is governed under its  policies and procedures Articles of Association. In the event of the company being wound up adopted for the induction and members are required to contribute an amount not exceeding £1. training of trustees; - Some trustee/ directors receive remuneration for work carried out other - the charity’s organisational than their duties as trustees, in accordance with the articles of association. - structure and any wider These services are subject to a written agreement between the individual - network with which the charity and the Pre-School, the level of remuneration for these services does not - works; exceed the amount which would customarily be paid for these services - relationship with any related and not more than a minority of trustee/directors may be at any time parties; subject to such arrangements. - trustees’ consideration of major risks and the system and procedures to manage them. Trustees are elected annually at the Annual General Meeting. - Most trustees are already familiar with the practical work of the charity. Trustees are given job descriptions for their role as trustee and are encouraged to attend training sessions. The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the pre-school and to enable them to ensure that the financial statements comply with the Companies Act 1985. Budgets are completed annually and updated monthly to take into account all factors affecting income and expenditure. **TAR** 2 Dec 2022 ## **Section C Objectives and activities** |**Summary of the objects of the**
**charity set out in its governing**
**document**
**Summary of the main**
**activities undertaken for the**
**public benefit in relation to**
**these objects (include within**
**this section the statutory**
**declaration that trustees have**
**had regard to the guidance**
**issued by the Charity**
**Commission on public benefit)**
**Additional details of objectives**
You**may choose**to include
further statements, where
relevant, about:

policy on grantmaking;

policy programme related
investment;

contribution made by
volunteers.|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.| |---|---| ||We offer appropriate play, education and care facilities and family
learning, together with the right of parents to take responsibility for and to
become involved in the activities of such groups, ensuring that such
groups offer opportunities for all children whatever their race, culture,
religion, means or ability.
We encourage the study of the needs of such children and their families
and promote public interest in and recognition of such needs in the local
areas. We instigate and adhere to the aims and objects of the Early Years
Alliance.| ||**and activities (Optional information)**| ||We have active parent partnerships, involving families of the pre-school to
help organise events throughout the year.
The kitchen has now been refurbished, including new appliances and
flooring. This enables us to add food based activities with the children,
and make a proper area for staff to have their lunch, away from other
distractions.
Online learning journal ‘tapestry’ has been instigated, and every member
of staff now has been provided with a tablet to capture observations
during the day, which is then shared with parents/carers on line. This is a
two-way communication tool, and we have had excellent feedback from
parents.
Incorporated the ‘Kind minds’ into our curriculum, to bring mindfulness
and social, emotional learning into everyday practice.| ||| |Section D|Achievements and performance| |**Summary of the main**
**achievements of the charity**
**during the year**|| ||The kind minds training helped shape our curriculum to be mindful and
promote kindness and wellbeing. The training prompted us to create a
calming corner (cosy cave) and secure the resources needed.| ||| |**Section E**|**Financial review**| |**Brief statement of the**
**charity’s policy on reserves**
**Details of any funds materially**
**in deficit**
**Further financial review details**|| ||A Reserves Policy is in place to allow funds to be available to sustain the
pre-school if income falls below expected levels and meet any
redundancy obligations or unexpected building maintenance costs.
Purchase of Alexa to enable us to support our EYFS curriculum.| ||| ||**(Optional information)**| **TAR** 3 Dec 2022 You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; Fundraising money have been used to support our SEND children, purchasing specific resources to accommodate their needs. A member of staff completed level 3 SENCO training. Resources were procured to support the new kindness curriculum; this included staff training on how to instigate this practice for all children. - Thanks to donations from parents/children, a Christmas hamper was delivered to our local age concern centre, and greatly appreciated. - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** Due to an unprecedented degree of long term sickness, our staffing costs have increased, due to the employment of a bank staff member. ## **Section G Declaration** **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**|A Mitchell|Sign| |---|---|---| ||Amy Mitchell|| ||Secretary|| ||23/01/2024|| **TAR** Dec 2022 4 Registered number 07556426 Charity number 1167296 Padnell Pre-school Report and Unaudited Accounts 31 August 2023 Sally Grant LimTrted Chartered Accountants Padno11 Pre-school Registered number: Charity number: Directors, Report 07556426 1167296 The directors present their report and accounts for the year ended 31 August 2023. Principal activities The ¢ompan¥s principal activity during the year continued to be the provision of a pre-school for the advancement and edUCa￿n of children. Dlrèctors The following persons served a$ directors during the year. Hannah Shepherd Stephanie EIIDtt Amy Mitchell Diane Kingsbury Amanda Grayson Lana Atkn)d Eleanor Waller Chair formety secretary Chair resigned 1111012022 Secretary appointed 11110r2022 Treasurer app)inted 11110r2022 appointed 11110r2022 The directors have had regard lo the guidan￿ issued ty the Charity Commission on public benefit. Achievèments and Perforniance Please view the Trustees Annual Report for achievements in the year. Flnanclal Rgvlew Funding levels Irom Hampshire County Council flucIL￿te on a fvKpyear CYC￿ according lo the proportion of ￿0-year￿01a$. Funding was k)w last year bul this year rt has recover¢d. Small ¢ompany provl8lon* This report has been prepare(J in accordance with the provisions in Part 15 of the Companies Act 2006 appli&ible lo companies 8ufy.ect to the small companies regime. This report was approved by the Lrf)ard on 2Web1￿ 2024 and signed by its order. Diane Kingsbury Director Padnell Pre-school Independent Examiners. report on the accounts of Padnell Pre-school for the year ended 31 August 2023 Respectlve responsibilities of trustses and examiner The charitys Iruslees Idirectorsl are reswnsible for the preparation of the accounts. The charity's Iruslees consider that an audit is not required for this year under section 144 of the Charthes Act 2011 Ithe Charitie5 Actl and that an independent examinakn.on is needed. It is my responsibility lo. • examine the accounts under section 145 of the Charitses Acll, lo follow the procedures laid down in the general Directions given by the Charity Commission (under section 14515llbl of the charit￿S Act, and . to stale whether parti¢ular matters have come to my attention. Basis of independent •xamlnefs ststement My examinatK>n was camed out In accordance with general Direction5 given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented those records. 11 also includes consideratson of any unusual items or disclosures in the account$, and seeking explanat￿nS from the trustees concerning any such matters. The procedures undertaken do not proV￿e all the evidence that would be required in an audit. and consequently no opinion is given as to whether the accounts present a 'tNe and fair, view and the report is limited to those matters sel out in the statement bel¢)w. Independent examlnerfs ststement In ¢onne¢lion with my examination. no matter has Come to my attent￿n to indule that.. ' accounting records have not been kept in accordance wlh sectson 386 of the Companies Act 2006,. the accounts do not accord with su¢h records: where the accounts are prepared on the accruals basis, whether they fail to compty wllh relevant accounting requirements under section 396 01 the Companies Act 20(￿, or are not con$i$tent wth the Charities SORP IFRS 1021 "any matter which the examiner beI￿VeS shoukl be drawn lo the attent*)n of the reader to gain a proper understanding of the accounts. I have no concerns and have come across no other matters in connection wth the examination to which attention should be drawn in Ihis report in order to enable a proper understanding of the accounts lo be ￿ached. Mrs S A Walker FCA FCIE 3 Ladybridge Rrjad Purbrook Waterlooville Hampshire P07 5RP 28 February 2024 Padnell Pre-school Profit and Loss Account for the year ended 31 August 2023 Notss 2023 2022 Turnover 158.787 127,094 Direct Costs 1124,122) 1104,0301 Gross surplu8 34.665 23.064 AdministratThie expenses (30.998} {33.208} Opèrntlng 8urplusl{dellclt) 3.667 {10,1441 Interest receivable Intere51 payable 147 Surplu8lldeflcltl on ordlnary act1v1t1￿ beforo tsxalion 3.814 {10,137) Tax on surpluslldeficill on ordinary activities Surpluslldofl¢ltl for the Iln•n¢141 yèar 3,814 10,137 Padnell Pre-school Statement of Flnanclal Activities for the year ended 31 August 2023 2023 Unreslicted Funds 2023 Restricted Funds 2023 Total Funds 2022 L8sI Year Incomlng Resources Fees from operating activrtie5 Grants for operating activitiles Donations Fundraising and activities Uniform sales Interest received 17,991 139,668 17,991 139,668 19.159 105.521 1.771 486 157 722 722 406 147 147 Total income 158.934 158,934 127,101 Expendlture Pre-school running costs Sales & tralning Fundraising Overheads Administration 121.336 2.438 58 121,394 2,438 290 18,258 12,740 102,432 1,578 20 20,459 12,749 18.258 12,740 rot•l Exp•ndltur• 155,062 155 120 137.238 Net of rncelpts/lpayments) Transfern between lunds Funds Brought Forward Total Funds ¢anl8d fonvard 3.872 3,814 110,1371 62.032 52,090 55,904 55,904 52,090 Last Year 2022 Unreslithd Funds 2022 Restricted Funds 20 Last Year InGomlng Rèsourc Fees from operatin9 actsvibes Giants for operating aclivth'les Donations Fundraising and activities Uniform sales Interest received 19.159 104.911 20 19,159 105,521 1,771 610 1.751 157 157 Totsl income 124,740 2,361 127,101 Expenditure Pre-school running ¢osts Sales & training Fundraising Overheads Adminislration 101.301 1.578 20 18.758 12.749 1,131 102,432 1,578 20 20.459 12.749 1,701 Total Expendlture 134,406 2.832 137,238 Net of r￿alp￿(paym0nts) 9,666 10.137 Padnell Pre￿ChoOl Registered number: Balance Sheet as at 31 August 2023 07556426 Note8 2023 2022 Fixed asset$ Tangible assets 1.403 2,806 1.403 2,8C6 Current assgts Stocks Debtors Cash at bank and in hand 605 3,339 54,819 58.763 521 5,663 47,430 53,614 Cr•dltorn: amounts falllng due wlthln ong ygar {4,2621 14,330} Net current a888ts 54.501 49.284 Total as8ets1688 current Ilabllltles 55.904 52.090 Provl8lon8 for Ilabllltles Net assets 55.904 52,090 Capltal and rnserv Unreslri¢led Funds Restricted Funds Sharoholdor's fund$ 55.904 52,032 58 52,090 The directors are satisfied that the company is entslled to exempt*)n from the requirement to obtain an audit under section 477 of the Companie$ A¢1 2006. The member has not required the company to obtain an audit in ac£ordance with section 476 of the The directors acknowledge their restx)nsibilities for complying with the requirements of the Companies Act 2006 with respect lo accounting records and the preparation of accounts. The accounts have been prepared arnj delivered in accordan￿ with the special provisions applicabte lo companies subject to the small companies regime. The profft and loss account has not been delivered to the Registrar of compan￿$. Hannah Shepherd Direelor Approved by the board on 2￿￿P ILlilLL Padnell Pre-school Notes to the Accounts for the year ended 31 August 2023 1 Accountlng pollcle8 Basls olpreparatlon The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial ReP)￿.ng Standard applicab￿ in the UK and Republic of Ireland. Tumover Tumover is measured al the fair value of the Consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue eamed from the sale of goods and from the rendering of services. Turnover from the sale of g¢ods is reco9nised when the S￿n1fi.Cant risks and rewards of ownership of the goods have transfeffed lo the buyer. Tumover from the rendeling ol services is recognised by referen￿ lo the stage of completion of the contract. The stage of omplelion of a contract Is measured by comparing the costs incurred for work perfoThed lo dalo to the total eslimaled contract costs. rangiblg flxèd 8ss•ts Tangible fixed assets are measured al cost less accumulative depreciation and any accumulalivo impairment losses. Depre¢Blion is provided on all tsngible fixed assets. other than freehold land. at Tales calculated to write off the cost, *s estimated resKlual value. of each asset eventy over its expeGled useful life, a$ fol￿w$.. Equipment over 10 years Stocks Stocks are measured at the lower of cost and esbmaled selling priLx 18s5 rJ)$ts to complete and sell. Cost is determined using the first in first out method The ca¥rying amount of $to¢k sold 1$ recognised as an expense in the period in which the Telaled revenue is wognised. Debtors Short lemi debtors are measured at tranSact￿n price I￿￿h 1$ usualty the involce pricel. ￿8S any impairment losses lor bad and doubtrLFI debts. Cr8dltor8 Short term ¢redrtors aR measured at transaclion price {wh￿h is usually the invoice price}. Taxatlon A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. The company is registered as a Charity and is exempl from corp)ration tax on il's main actwities. Provlslons Provisions lie liabilities of uncertain liming or afnountl are recognised when there is an obligation al the reporting date as a result of a past evenL it is probable that economic benefit will be transferred lo settle the obligation and the amount of the obligation can be est¢mated reliably Penslons Contributions to defined contribution plans are expensed in the peric¥J to which they relate. Padnell Pre-school Notes to the Accounts for th8 year ended 31 August 2023 2 Employoes 2023 Numbor 2022 Number Average number of persons employed by the company 11 10 3 Tangible fixed assets Equipment Total Cost At 1 September 2022 Additions Surplus on revaluats.on Disposals At 31 August 2023 14,029 14.029 14.029 14,029 Depreclatlon At 1 September 2022 Charge for the year Surplu5 on revaluation On disposals At 31 August 2023 11.223 1,403 11.223 1.403 12.626 12,626 Net book value At 31 August 2023 1,403 1.403 Al 31 August 2022 2,8C 2,806 4 Debtorn 2023 2022 Trade debtors Other debtors 1,151 2,188 3,339 3,198 2,465 5,663 Amounts due after more than one year irKluded at￿ve 5 Credltors: amounts falllng du• wllhln one year 2023 2022 Trade creditors Other tsxes and social secunty costs Other creditors 2,879 708 675 3,135 422 773 4,262 4,330 Padnell Pre-school Notes to the Accounts for tha year ended 31 August 2023 6 Credltor8: amounts falllng duo after on¢ year 2023 2022 Trade creditors Other creditors 7 Other InfO￿atIOn Padnell Pre-school 1$ a private company Ilmited by guarantee arKI in¢orporated in EThJland. Its registered office is.. Padnell Avenue Cowplain Waterlooville Harnpshire P08 8DS Padnell Pre-school Detailed income and expenditure account for the year ended 31 August 2023 2023 2022 158,787 127,094 Turnover Pre-school Running Costs 1124.122} 1104.0301 34,865 23.C64 Gros8 surplu8 Administrative expenses and premises 130.9981 133,2081 Operatlng 8urpluslldell¢lt) Interest receivable Interest payable 3,667 110,144) 147 10,137 Surplu81{defl¢ltl before tox 3.814 Padnell Pre-school Detailed income and eX￿ndItUre account for the year ended 31 August 2023 2023 2022 Income Grants Donations Fees from Parents Fundraising and events Uniform 139.668 105,521 1.771 19,159 17,991 722 4C 157 158,787 127,094 Pre-scool Runnlng Costs Staff Costs Pensions Employerfs Nl Consumables and Snacks Food vouchers Equipment expensed 110,121 2,926 997 1,891 195 5,264 121,394 91.969 2,494 357 2.160 4,572 102.432 Salg8 and tralnlng Uniform purchases including staff, adjusted for stock . Staff training and DBS 982 1,456 2,438 350 1,228 1.578 Fundralslng Co8t• Fundraising Costs Event costs 220 70 290 20 20 Premlses ¢￿ta. Rent Rates Service charges Light and heal Repairs and maintenance Office equipment Cleaning Garden maintenance 9.949 1,015 1,571 2.190 357 9,943 400 1,310 981 4,891 3,103 73 18,258 2,810 124 20,459 Administratlve expense8 Employee costs.. Directors, salaries Directors, salaries- admin 95% Administration 5,027 14,7761 4.776 5.027 15,2881 5,288 10 Padnell Pre4chool Detailed income and expenditure account for the year ended 31 August 2023 2023 2022 G•ngAI admlnistrative expgn8•S: Telephone and Internet Postage and stab'onery Subscriptions Insurance Computer expenses Bank charges Depreciation Bad debts Sundry expenses 611 959 497 1.625 1,CQ2 879 1.218 409 1.698 682 116 1,403 82 37 6,524 1,403 822 6.922 Logal and professlonal costs: AcGounlancy fees Advertising and publicity Other legal and professional 620 180 650 Total admlnl8tratSve costs Includlng prem18 30,998 33,208 Registered number 07556426 Charity number 1167296 Padnell Pre-school Report and Unaudited Accounts 31 August 2023 Sally Grant LimTrted Chartered Accountants Padno11 Pre-school Registered number: Charity number: Directors, Report 07556426 1167296 The directors present their report and accounts for the year ended 31 August 2023. Principal activities The ¢ompan¥s principal activity during the year continued to be the provision of a pre-school for the advancement and edUCa￿n of children. Dlrèctors The following persons served a$ directors during the year. Hannah Shepherd Stephanie EIIDtt Amy Mitchell Diane Kingsbury Amanda Grayson Lana Atkn)d Eleanor Waller Chair formety secretary Chair resigned 1111012022 Secretary appointed 11110r2022 Treasurer app)inted 11110r2022 appointed 11110r2022 The directors have had regard lo the guidan￿ issued ty the Charity Commission on public benefit. Achievèments and Perforniance Please view the Trustees Annual Report for achievements in the year. Flnanclal Rgvlew Funding levels Irom Hampshire County Council flucIL￿te on a fvKpyear CYC￿ according lo the proportion of ￿0-year￿01a$. Funding was k)w last year bul this year rt has recover¢d. Small ¢ompany provl8lon* This report has been prepare(J in accordance with the provisions in Part 15 of the Companies Act 2006 appli&ible lo companies 8ufy.ect to the small companies regime. This report was approved by the Lrf)ard on 2Web1￿ 2024 and signed by its order. Diane Kingsbury Director Padnell Pre-school Independent Examiners. report on the accounts of Padnell Pre-school for the year ended 31 August 2023 Respectlve responsibilities of trustses and examiner The charitys Iruslees Idirectorsl are reswnsible for the preparation of the accounts. The charity's Iruslees consider that an audit is not required for this year under section 144 of the Charthes Act 2011 Ithe Charitie5 Actl and that an independent examinakn.on is needed. It is my responsibility lo. • examine the accounts under section 145 of the Charitses Acll, lo follow the procedures laid down in the general Directions given by the Charity Commission (under section 14515llbl of the charit￿S Act, and . to stale whether parti¢ular matters have come to my attention. Basis of independent •xamlnefs ststement My examinatK>n was camed out In accordance with general Direction5 given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented those records. 11 also includes consideratson of any unusual items or disclosures in the account$, and seeking explanat￿nS from the trustees concerning any such matters. The procedures undertaken do not proV￿e all the evidence that would be required in an audit. and consequently no opinion is given as to whether the accounts present a 'tNe and fair, view and the report is limited to those matters sel out in the statement bel¢)w. Independent examlnerfs ststement In ¢onne¢lion with my examination. no matter has Come to my attent￿n to indule that.. ' accounting records have not been kept in accordance wlh sectson 386 of the Companies Act 2006,. the accounts do not accord with su¢h records: where the accounts are prepared on the accruals basis, whether they fail to compty wllh relevant accounting requirements under section 396 01 the Companies Act 20(￿, or are not con$i$tent wth the Charities SORP IFRS 1021 "any matter which the examiner beI￿VeS shoukl be drawn lo the attent*)n of the reader to gain a proper understanding of the accounts. I have no concerns and have come across no other matters in connection wth the examination to which attention should be drawn in Ihis report in order to enable a proper understanding of the accounts lo be ￿ached. Mrs S A Walker FCA FCIE 3 Ladybridge Rrjad Purbrook Waterlooville Hampshire P07 5RP 28 February 2024 Padnell Pre-school Profit and Loss Account for the year ended 31 August 2023 Notss 2023 2022 Turnover 158.787 127,094 Direct Costs 1124,122) 1104,0301 Gross surplu8 34.665 23.064 AdministratThie expenses (30.998} {33.208} Opèrntlng 8urplusl{dellclt) 3.667 {10,1441 Interest receivable Intere51 payable 147 Surplu8lldeflcltl on ordlnary act1v1t1￿ beforo tsxalion 3.814 {10,137) Tax on surpluslldeficill on ordinary activities Surpluslldofl¢ltl for the Iln•n¢141 yèar 3,814 10,137 Padnell Pre-school Statement of Flnanclal Activities for the year ended 31 August 2023 2023 Unreslicted Funds 2023 Restricted Funds 2023 Total Funds 2022 L8sI Year Incomlng Resources Fees from operating activrtie5 Grants for operating activitiles Donations Fundraising and activities Uniform sales Interest received 17,991 139,668 17,991 139,668 19.159 105.521 1.771 486 157 722 722 406 147 147 Total income 158.934 158,934 127,101 Expendlture Pre-school running costs Sales & tralning Fundraising Overheads Administration 121.336 2.438 58 121,394 2,438 290 18,258 12,740 102,432 1,578 20 20,459 12,749 18.258 12,740 rot•l Exp•ndltur• 155,062 155 120 137.238 Net of rncelpts/lpayments) Transfern between lunds Funds Brought Forward Total Funds ¢anl8d fonvard 3.872 3,814 110,1371 62.032 52,090 55,904 55,904 52,090 Last Year 2022 Unreslithd Funds 2022 Restricted Funds 20 Last Year InGomlng Rèsourc Fees from operatin9 actsvibes Giants for operating aclivth'les Donations Fundraising and activities Uniform sales Interest received 19.159 104.911 20 19,159 105,521 1,771 610 1.751 157 157 Totsl income 124,740 2,361 127,101 Expenditure Pre-school running ¢osts Sales & training Fundraising Overheads Adminislration 101.301 1.578 20 18.758 12.749 1,131 102,432 1,578 20 20.459 12.749 1,701 Total Expendlture 134,406 2.832 137,238 Net of r￿alp￿(paym0nts) 9,666 10.137 Padnell Pre￿ChoOl Registered number: Balance Sheet as at 31 August 2023 07556426 Note8 2023 2022 Fixed asset$ Tangible assets 1.403 2,806 1.403 2,8C6 Current assgts Stocks Debtors Cash at bank and in hand 605 3,339 54,819 58.763 521 5,663 47,430 53,614 Cr•dltorn: amounts falllng due wlthln ong ygar {4,2621 14,330} Net current a888ts 54.501 49.284 Total as8ets1688 current Ilabllltles 55.904 52.090 Provl8lon8 for Ilabllltles Net assets 55.904 52,090 Capltal and rnserv Unreslri¢led Funds Restricted Funds Sharoholdor's fund$ 55.904 52,032 58 52,090 The directors are satisfied that the company is entslled to exempt*)n from the requirement to obtain an audit under section 477 of the Companie$ A¢1 2006. The member has not required the company to obtain an audit in ac£ordance with section 476 of the The directors acknowledge their restx)nsibilities for complying with the requirements of the Companies Act 2006 with respect lo accounting records and the preparation of accounts. The accounts have been prepared arnj delivered in accordan￿ with the special provisions applicabte lo companies subject to the small companies regime. The profft and loss account has not been delivered to the Registrar of compan￿$. Hannah Shepherd Direelor Approved by the board on 2￿￿P ILlilLL Padnell Pre-school Notes to the Accounts for the year ended 31 August 2023 1 Accountlng pollcle8 Basls olpreparatlon The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial ReP)￿.ng Standard applicab￿ in the UK and Republic of Ireland. Tumover Tumover is measured al the fair value of the Consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue eamed from the sale of goods and from the rendering of services. Turnover from the sale of g¢ods is reco9nised when the S￿n1fi.Cant risks and rewards of ownership of the goods have transfeffed lo the buyer. Tumover from the rendeling ol services is recognised by referen￿ lo the stage of completion of the contract. The stage of omplelion of a contract Is measured by comparing the costs incurred for work perfoThed lo dalo to the total eslimaled contract costs. rangiblg flxèd 8ss•ts Tangible fixed assets are measured al cost less accumulative depreciation and any accumulalivo impairment losses. Depre¢Blion is provided on all tsngible fixed assets. other than freehold land. at Tales calculated to write off the cost, *s estimated resKlual value. of each asset eventy over its expeGled useful life, a$ fol￿w$.. Equipment over 10 years Stocks Stocks are measured at the lower of cost and esbmaled selling priLx 18s5 rJ)$ts to complete and sell. Cost is determined using the first in first out method The ca¥rying amount of $to¢k sold 1$ recognised as an expense in the period in which the Telaled revenue is wognised. Debtors Short lemi debtors are measured at tranSact￿n price I￿￿h 1$ usualty the involce pricel. ￿8S any impairment losses lor bad and doubtrLFI debts. Cr8dltor8 Short term ¢redrtors aR measured at transaclion price {wh￿h is usually the invoice price}. Taxatlon A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. The company is registered as a Charity and is exempl from corp)ration tax on il's main actwities. Provlslons Provisions lie liabilities of uncertain liming or afnountl are recognised when there is an obligation al the reporting date as a result of a past evenL it is probable that economic benefit will be transferred lo settle the obligation and the amount of the obligation can be est¢mated reliably Penslons Contributions to defined contribution plans are expensed in the peric¥J to which they relate. Padnell Pre-school Notes to the Accounts for th8 year ended 31 August 2023 2 Employoes 2023 Numbor 2022 Number Average number of persons employed by the company 11 10 3 Tangible fixed assets Equipment Total Cost At 1 September 2022 Additions Surplus on revaluats.on Disposals At 31 August 2023 14,029 14.029 14.029 14,029 Depreclatlon At 1 September 2022 Charge for the year Surplu5 on revaluation On disposals At 31 August 2023 11.223 1,403 11.223 1.403 12.626 12,626 Net book value At 31 August 2023 1,403 1.403 Al 31 August 2022 2,8C 2,806 4 Debtorn 2023 2022 Trade debtors Other debtors 1,151 2,188 3,339 3,198 2,465 5,663 Amounts due after more than one year irKluded at￿ve 5 Credltors: amounts falllng du• wllhln one year 2023 2022 Trade creditors Other tsxes and social secunty costs Other creditors 2,879 708 675 3,135 422 773 4,262 4,330 Padnell Pre-school Notes to the Accounts for tha year ended 31 August 2023 6 Credltor8: amounts falllng duo after on¢ year 2023 2022 Trade creditors Other creditors 7 Other InfO￿atIOn Padnell Pre-school 1$ a private company Ilmited by guarantee arKI in¢orporated in EThJland. Its registered office is.. Padnell Avenue Cowplain Waterlooville Harnpshire P08 8DS Padnell Pre-school Detailed income and expenditure account for the year ended 31 August 2023 2023 2022 158,787 127,094 Turnover Pre-school Running Costs 1124.122} 1104.0301 34,865 23.C64 Gros8 surplu8 Administrative expenses and premises 130.9981 133,2081 Operatlng 8urpluslldell¢lt) Interest receivable Interest payable 3,667 110,144) 147 10,137 Surplu81{defl¢ltl before tox 3.814 Padnell Pre-school Detailed income and eX￿ndItUre account for the year ended 31 August 2023 2023 2022 Income Grants Donations Fees from Parents Fundraising and events Uniform 139.668 105,521 1.771 19,159 17,991 722 4C 157 158,787 127,094 Pre-scool Runnlng Costs Staff Costs Pensions Employerfs Nl Consumables and Snacks Food vouchers Equipment expensed 110,121 2,926 997 1,891 195 5,264 121,394 91.969 2,494 357 2.160 4,572 102.432 Salg8 and tralnlng Uniform purchases including staff, adjusted for stock . Staff training and DBS 982 1,456 2,438 350 1,228 1.578 Fundralslng Co8t• Fundraising Costs Event costs 220 70 290 20 20 Premlses ¢￿ta. Rent Rates Service charges Light and heal Repairs and maintenance Office equipment Cleaning Garden maintenance 9.949 1,015 1,571 2.190 357 9,943 400 1,310 981 4,891 3,103 73 18,258 2,810 124 20,459 Administratlve expense8 Employee costs.. Directors, salaries Directors, salaries- admin 95% Administration 5,027 14,7761 4.776 5.027 15,2881 5,288 10 Padnell Pre4chool Detailed income and expenditure account for the year ended 31 August 2023 2023 2022 G•ngAI admlnistrative expgn8•S: Telephone and Internet Postage and stab'onery Subscriptions Insurance Computer expenses Bank charges Depreciation Bad debts Sundry expenses 611 959 497 1.625 1,CQ2 879 1.218 409 1.698 682 116 1,403 82 37 6,524 1,403 822 6.922 Logal and professlonal costs: AcGounlancy fees Advertising and publicity Other legal and professional 620 180 650 Total admlnl8tratSve costs Includlng prem18 30,998 33,208