CHARITY COMMISSION FOR ENGLAND AND WALES
Trustees' Annual Report for the period
From 01/09/2021 Period start date To 31/08/2022 date
Period end
Charity name: Newquay Preschool
Charity registration number: 1168085
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its |
Para 1.17 | To provide childcare |
| governing document Summary of the activities in relation to those |
Para 1 17 and 1 19 |
Providing affordable childcare to in the local |
| purposes for the public | ||
| beneft, in particular, the | ||
| activities, projects or | ||
| identifed in the accounts Statement confrming whether the trustees have had regard to the guidance issued by the Charity |
Para 1.18 | The trustees have had regard to the guidance issued by the Charity Commission on public beneft |
| Commission on public | ||
| beneft |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference
Para 1 38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1 38 Contribution made by volunteers Other
| SORP reference | ||
|---|---|---|
| The charity has achieved providing | ||
| childcare to the families in the local | ||
| Summary of the main achievements of the charity, identifying the difference the charity's work has made to |
Para 1.20 | community and have supported the children with the learning and development supporting their transition into School |
| the circumstances of its | ||
| benefciaries and any wider | ||
| benefts to society as a | ||
| whole. |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1 41 set Investment performance Para 1.41 against objectives
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity's | Para 1.21 | At the end of the fnancial period the |
| fnancial position at the end of the period |
accounts show the charity has made a loss, the trustees are aware of the loss and are working towards a better year in |
|
| the following fnancial year. | ||
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The charity does not have any reserves, if the charity benefts from a proft it will be carried over to the next fnancial year |
| Amount of reserves held Reasons for holding zero |
Para 1.22 Para 1.22 |
none none |
| reserves | ||
| Details of fund materially | Para 1 24 | None |
| defcit Explanation of uncertainties about the |
Para 1.23 | The bank balance at the end of the fnancial period showed at a small proft |
| charity continuing as a going concern |
so the charity should be able to manage to stay open for any fnancial years |
|
| following |
Additional information (optional)
You may choose to include further statements where relevant about
| The charity's sources of funds (including |
Para 1 47 |
|---|---|
| any fundraising) | |
| Investment policy and objectives including any social investment policy |
Para 1.46 |
| adopted | |
| A description of the principal | Para 1.46 |
| risks facing the charity | |
| Other |
Structure, Governance and Management
| Description of charity's trusts: |
Unincorporated CIO | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Unincorporated CIO Constitution |
| How is the charity constituted? |
Para 1.25 | Unincorporated CIO |
| (e.g unincorporated | ||
| association CIO) | ||
| Trustee selection methods including details of any constitutional provisions e.g. |
Para 1.25 | We follow the constitution set out by the early years alliance |
| election to post or name of | ||
| any person or body entitled | ||
| to appoint one or more | ||
| trustees |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures | ||
|---|---|---|
| adopted for the induction and | Para 1.51 | |
| training of | ||
| The charity's organisational | ||
| structure and any wider | Para 1.51 | |
| network with which the | ||
| charity works | ||
| Relationship with any related | Para 1.51 | |
| parties | ||
| Other |
Reference and Administrative details
| Charity name | NEWQUAY PRESCHOOL |
|---|---|
| Other name the charity uses | NEWQUAY PRESCHOOL AND NURSERY |
| Registered charity number | 1168085 |
| Charity's principal address | CLEVEDON ROAD |
| NEWQUAY | |
| CORNWAL | |
| TR7 2BU |
Names of the charity trustees who manage the charity
| Trustee name | Offce (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|
|---|---|---|---|---|
| 1 | SARAH BUNT | CHAIR | ||
| 2 | LUCY DENAHY | NOMINATED PERSON |
||
| 3 | GEMMA JONES | SECRETARY | ||
| 4 | ||||
| 5 | ||||
| 6 | ||||
| 7 | ||||
| 8 | ||||
| 9 10 |
||||
| 11 | ||||
| 12 | ||||
| 13 | ||||
| 14 | ||||
| 15 | ||||
| 16 | ||||
| 17 | ||||
| 18 | ||||
| 19 | ||||
| 20 |
Corporate trustees - names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the
Trustee name Dates acted if not for whole
Funds held as custodian trustees on behalf of others Description of the assets NONE held in this capacity Name and objects of the NONE charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for NONE safe custody and segregation of such assets from the charity's own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type ofName Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
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) Szunt Full name(s) SARAH BUNT Position (eg Secretary, CHAIR Chair, etc)
Date 30/06 /2023
NEWQUAY PRE -SCHOOL Annual Unaudited Accounts Year ended 31 August 2022 Registered Charity Number 1168085
Chapman Gain Chartered Accountants St Austell
NEWQUAY PRE-SCHOOL
Statement of Financial Activities
for the year ended 31 August 2022
| Unrestricted | funds | |
|---|---|---|
| 2022 | 202 | |
| 1 | ||
| £ | £ | |
| Incoming resources | ||
| Attendance fees | 176,408 | 105, |
| 402 | ||
| Funding | 231,744 | 222, |
| 358 | ||
| Miscellaneous (including lunches) | 4,326 | 2,92 |
| 9 | ||
| Coronavirus Job Retention Scheme | - | 14,6 |
| 94 | ||
| _ | ______ | |
| _ | ||
| Total incoming resources | 412,478 | 345, |
| 383 | ||
| Resources expended | ||
| Wages | 368,392 | 291, |
| 751 | ||
| Pension costs | 4,170 | 2,97 |
| 2 | ||
| Travelling and training | 5,457 | 1,56 |
| 9 | ||
| Repairs/maintenance of the school | 7,702 | 2,35 |
| 9 | ||
| Lighting and heating costs | 7,818 | 5,76 |
| 3 | ||
| Rent, refuse and water | 5,598 | 4,42 |
| 5 | ||
| Insurances | 3,584 | 3,33 |
| 4 | ||
| Materials, supplies and equipment | 9,933 | 20,3 |
| 87 | ||
| Sundry expenses | 3,241 | 2,29 |
| 3 | ||
| Trips and transport | 1,013 | 348 |
| Activities | 1,240 | 385 |
| Shopping | 8,981 | 6,20 |
| 0 | ||
| Stationery, postage and website | 2,963 | 3,29 |
| 3 | ||
| Telephone | 1,838 | 1,44 |
| 9 | ||
| Professional fees | 1,937 | 1,68 |
1
NEWQUAY PRE-SCHOOL
| 3 | |||
|---|---|---|---|
| Bank interest and charges | 708 | 959 | |
| Equipment rental | 735 | 980 | |
| _ | ______ | ||
| _ | |||
| Total resources expended | 435,308 | 350, | |
| 150 | |||
| Net (outgoing)/incoming resources | (22,832) | (4,76 | |
| 7) | |||
| Total funds brought forward | 16,816 | 21,5 | |
| 83 | |||
| _ | ______ | ||
| _ | |||
| Total funds carried forward | (6,016) | 16,8 | |
| 16 | |||
| Balance sheet | |||
| At 31 August 2022 | |||
| 2022 | 202 | ||
| 1 | |||
| £ | £ | ||
| Current assets | |||
| Debtors and prepayments (Note 5) | 1,441 | 3,69 | |
| 4 | |||
| Cash at bank and in hand (Note 6) | 9,811 | 20, | |
| 180 | |||
| _ | _____ | ||
| __ | |||
| 11,252 | 23, | ||
| 874 | |||
| Creditors: amounts falling | |||
| due within one year | (17,268) | (7,05 | |
| 8) | |||
| _ | _____ | ||
| __ | |||
| Net assets | (6,016) | 16, | |
| 816 | |||
| Funds of the charity | |||
| Unrestricted funds | (6,016) | 16, | |
| 816 | |||
| _ | _____ |
2
NEWQUAY PRE-SCHOOL
Total funds
__ (6,016) 16, 816
Signed on behalf of the trustees on 20 June 2023
Trustee – S Bunt
Treasurer – G Jones
Notes to the accounts
Note 1 Basis of preparation
1.1 Basis of accounting
These accounts have been prepared on the basis of historic cost in accordance with Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005) and with the Charities Act.
Note 2 Accounting policies
This standard list of accounting policies has been applied by the charity.
Incoming resources
Recognition of incoming resources
These are included in the Statement of Financial Activities (SoFA) when:
-
The charity becomes entitled to the resources;
-
The trustees are virtually certain they will receive the resources; and
-
• The monetary value can be measured with sufficient reliability.
3
NEWQUAY PRE-SCHOOL
Incoming resources with related expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations
Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
Expenditure and Liabilities
Liability recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Notes to the accounts (continued)
Note 3 Details of certain items of expenditure
3.1 Fees for examination of the accounts
| 2022 £ Independent examiner’s fees for reporting on the accounts 600 Note 4 Paid employees |
2021 £ 576 |
|---|---|
4.1 Staff costs
2022
4
NEWQUAY PRE-SCHOOL
| 2021 | ||
|---|---|---|
| £ | £ | |
Gross wages |
353,522 | 282,85 |
| 4 | ||
| Employer’s national insurance costs | 14,870 | 8,8 |
| 97 | ||
| _ | ______ | |
| _ | ||
| 368,392 | 291,75 | |
| 1 | ||
| 4.2 The average number of full-time equivalent employees in the year | ||
| was 27 (2021: 21) |
| Note 5 Debtors and prepayments Other debtors Prepayments Note 6 Cash at bank and in hand General Purposes Bank Account Cash in hand |
2022 2021 £ £ - 1,503 1,441 2,191 _ _ 1,441 3,694 2022 2021 £ £ 9,811 20,1 80 - - ______ ______ 9,811 20,1 80 |
|---|---|
Independent Examiner’s Report to the Trustees of Newquay Pre-School
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 August 2022.
5
NEWQUAY PRE-SCHOOL
Responsibilities and basis of report
As the charity 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 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 examiner’s statement
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept as required by section 130 of the Act; or
-
the accounts do not accord with the accounting records; or
-
the accounts do 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.
David J Chapman BA FCA
Chapman Gain Chartered Accountants 4 Tregarne Terrace St Austell Cornwall PL25 4BE
20 June 2023
6
NEWQUAY PRE -SCHOOL Annual Unaudited Accounts Year ended 31 August 2022 Registered Charity Number 1168085
Chapman Gain Chartered Accountants St Austell
NEWQUAY PRE-SCHOOL
Statement of Financial Activities
for the year ended 31 August 2022
| Unrestricted | funds | |
|---|---|---|
| 2022 | 202 | |
| 1 | ||
| £ | £ | |
| Incoming resources | ||
| Attendance fees | 176,408 | 105, |
| 402 | ||
| Funding | 231,744 | 222, |
| 358 | ||
| Miscellaneous (including lunches) | 4,326 | 2,92 |
| 9 | ||
| Coronavirus Job Retention Scheme | - | 14,6 |
| 94 | ||
| _ | ______ | |
| _ | ||
| Total incoming resources | 412,478 | 345, |
| 383 | ||
| Resources expended | ||
| Wages | 368,392 | 291, |
| 751 | ||
| Pension costs | 4,170 | 2,97 |
| 2 | ||
| Travelling and training | 5,457 | 1,56 |
| 9 | ||
| Repairs/maintenance of the school | 7,702 | 2,35 |
| 9 | ||
| Lighting and heating costs | 7,818 | 5,76 |
| 3 | ||
| Rent, refuse and water | 5,598 | 4,42 |
| 5 | ||
| Insurances | 3,584 | 3,33 |
| 4 | ||
| Materials, supplies and equipment | 9,933 | 20,3 |
| 87 | ||
| Sundry expenses | 3,241 | 2,29 |
| 3 | ||
| Trips and transport | 1,013 | 348 |
| Activities | 1,240 | 385 |
| Shopping | 8,981 | 6,20 |
| 0 | ||
| Stationery, postage and website | 2,963 | 3,29 |
| 3 | ||
| Telephone | 1,838 | 1,44 |
| 9 | ||
| Professional fees | 1,937 | 1,68 |
1
NEWQUAY PRE-SCHOOL
| 3 | |||
|---|---|---|---|
| Bank interest and charges | 708 | 959 | |
| Equipment rental | 735 | 980 | |
| _ | ______ | ||
| _ | |||
| Total resources expended | 435,308 | 350, | |
| 150 | |||
| Net (outgoing)/incoming resources | (22,832) | (4,76 | |
| 7) | |||
| Total funds brought forward | 16,816 | 21,5 | |
| 83 | |||
| _ | ______ | ||
| _ | |||
| Total funds carried forward | (6,016) | 16,8 | |
| 16 | |||
| Balance sheet | |||
| At 31 August 2022 | |||
| 2022 | 202 | ||
| 1 | |||
| £ | £ | ||
| Current assets | |||
| Debtors and prepayments (Note 5) | 1,441 | 3,69 | |
| 4 | |||
| Cash at bank and in hand (Note 6) | 9,811 | 20, | |
| 180 | |||
| _ | _____ | ||
| __ | |||
| 11,252 | 23, | ||
| 874 | |||
| Creditors: amounts falling | |||
| due within one year | (17,268) | (7,05 | |
| 8) | |||
| _ | _____ | ||
| __ | |||
| Net assets | (6,016) | 16, | |
| 816 | |||
| Funds of the charity | |||
| Unrestricted funds | (6,016) | 16, | |
| 816 | |||
| _ | _____ |
2
NEWQUAY PRE-SCHOOL
Total funds
__ (6,016) 16, 816
Signed on behalf of the trustees on 20 June 2023
Trustee – S Bunt
Treasurer – G Jones
Notes to the accounts
Note 1 Basis of preparation
1.1 Basis of accounting
These accounts have been prepared on the basis of historic cost in accordance with Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005) and with the Charities Act.
Note 2 Accounting policies
This standard list of accounting policies has been applied by the charity.
Incoming resources
Recognition of incoming resources
These are included in the Statement of Financial Activities (SoFA) when:
-
The charity becomes entitled to the resources;
-
The trustees are virtually certain they will receive the resources; and
-
• The monetary value can be measured with sufficient reliability.
3
NEWQUAY PRE-SCHOOL
Incoming resources with related expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations
Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
Expenditure and Liabilities
Liability recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Notes to the accounts (continued)
Note 3 Details of certain items of expenditure
3.1 Fees for examination of the accounts
| 2022 £ Independent examiner’s fees for reporting on the accounts 600 Note 4 Paid employees |
2021 £ 576 |
|---|---|
4.1 Staff costs
2022
4
NEWQUAY PRE-SCHOOL
| 2021 | ||
|---|---|---|
| £ | £ | |
Gross wages |
353,522 | 282,85 |
| 4 | ||
| Employer’s national insurance costs | 14,870 | 8,8 |
| 97 | ||
| _ | ______ | |
| _ | ||
| 368,392 | 291,75 | |
| 1 | ||
| 4.2 The average number of full-time equivalent employees in the year | ||
| was 27 (2021: 21) |
| Note 5 Debtors and prepayments Other debtors Prepayments Note 6 Cash at bank and in hand General Purposes Bank Account Cash in hand |
2022 2021 £ £ - 1,503 1,441 2,191 _ _ 1,441 3,694 2022 2021 £ £ 9,811 20,1 80 - - ______ ______ 9,811 20,1 80 |
|---|---|
Independent Examiner’s Report to the Trustees of Newquay Pre-School
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 August 2022.
5
NEWQUAY PRE-SCHOOL
Responsibilities and basis of report
As the charity 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 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 examiner’s statement
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept as required by section 130 of the Act; or
-
the accounts do not accord with the accounting records; or
-
the accounts do 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.
David J Chapman BA FCA
Chapman Gain Chartered Accountants 4 Tregarne Terrace St Austell Cornwall PL25 4BE
20 June 2023
6