2710612023 09'.24 Cliariiy registraiion number: 1109193 Abbotts Ann Nursery School A Chariiable Incorpliraied Organisauon {ClO) Annual Report and Pinancial Staiemenis for the Year Ended 31 Augusi 2022 River View Tax & Accouniancy Lid 5 Bereslord Gale Souih Way Andovcr Hanip8hirc 8PIO 5BN
Abbotts Ann Nursery Sehool Colltents Referet)ce and Administraiiye Details Trusiees, Repori Statement of Trusiees, Responsibilities Indcpcndcnt Examincr'% Rcport Statement ol. Fin}claI ActiN'ilies Balance Sheet Noies io ilie Financial Statemenis 7 10 11
Abbotts Ann Nursery Sehool Relerence and Admilll5trative Details Trustees Beth Wildbore, Seci"eiary trom 24.:'0912020. Chairlseeretary from 15 0912022 Claii'e Croombs, Ti'easui'ei. Irom 30105.:'2022 {appoin1 3 March 2022) Lucy Bullock {appoinied 15 September 2022) David Coim (appoinied 15 SepiembeL 2022) Linda Cotll) (appoinied 15 Sepiember 20221 Janc Hcni%tcd, Chaij. trom 06.:'(1612022 {appnintcd 6 Junc 2022 and Rc8igncd 15 8cptcmbcr 2022) s'ah Readman {appoinied 9 November 2021 and resigned 15 Sepiember 2022) Anna[ Willmntt (Rcsigncd 15 8cptcmbcr 2022} Anna Cottam, Ti'easurei. to 30105:'2022 (Resigned 30 May 2022) Hannah May, Ch£lir 10 2410912020 and trom 02112121 10 06106.:'22 (Resigned 6 June 20221 Charlottc Wyldc, Sccrctary to 24.:'09i2020. Chair from 24109.:'2020 to 02112.:'21. IRc%igncd 2 Dcccmbcr 20211 Principal Office War Memorial Village Hall Duck Street Abkntts At At)doN'ei' Hampshire SPII 7BG Ch4rlty Reglstradon Number 1169193 Independent Examiner 'er View fax & Accouniancy Lid 5 Bereslord Gale Souih WAY Andover Hampshire SP105BN Pagc I
Abbotts Ann Nursery Sehool Trustees, Report Thc tru8tcc8 prc%cnt thc annual rcpnrt tO8Cthcr with ihc financial qtatcmcnt8 of thc cliarity fnr Ihc ycar cndcd 31 August 2022. The Abboiis Ann N"ursery School is Charitable Incorporated Organisation (CIO) (registered charity number= 11691931. rhe Nursei'y is r¢gisiered with CJF'STED (r¢g.no. EYi462671 and is a member of the Early Years Alliance. The rrusiees in ofiice during the financial yeai. and any changes since Ihe year end al'e as deiailed on page l. The Nursery has a childcar¢ protection policy in place which includes carrying oui checks with the Disclosure and Barring Sei'vice for new and exisiing meinbers of siaft and cominiiiee Ineinbers. All Irusiees give their time voluniarily and received no r¢muneraiion or benetits. The Nursery woi'ks closely with ihe Villag¢ Hall cominittee trom whom li renis Ihe preinises and associated faciliiies in 1¢h li provides Early Years education and Childcare. Princi al ACtItieS The objeciive ol-lhe chariiy is 10 enhance Ihe developmeni and educaiion of children under siaiuiory sch1 age. Children are encoiiraged 10 make play choices Ihroughoui their sessions and all children have a key-person who will plan for their children's inieresis in Iheir nexi steps and focus aciiviiies. TruS aciiviiies are Ihe only aduli led a¢11.111eS Ihai happen. The Nursery takes children from Iwo years old up ILI school age and is open during iei'm lime only. The commiiiee have given up Iheir i'aluable lime io help with many ndraising ekenis. including the successful Christmas Payre, the Christtnas Rafile and manning a stall ai knih Ihe village Fete and the Claifoi'd May pa'e. iihin setting ihe bi annual children's phoios and Bags4Schools colleciions have coniinued 10 help raise small sums. This yeai. saw in the inaugural Sponsoi'ed Walk which saw the children explore ihe village around them whilsi taking pan in a Sponsored Walk. The Nui'sey's Chi'istmas pa'e. alongside Ihe it's pi'esence ai a number of local eienis. has helped Abkniis Ann Nursery Schty)I raise it's profile wiihin Ihe ]lal area which has had a posiiive impaci on boih the numba. of enquires received and the number of children in setting. AbLx)tts Ann Nursery Schty)I was for[una enougli Il)is year 10 secure a Grani from Claiford May Fayre ILI upport thc training of our %taff in thc Curia%ily Approach. Tl)is l)as allowcd u.% la n'Cl in 8taff training in %ucl) a way to bcncfit tl)c childrcn currcntly in %clling bill al%0 %upparts thc long tcrin viability of Ihc niirqcry a tlicrc arc vcry fcw Curi08ity Approach accrcditcd nllrscri it] thc widcr I(al arca. Finuncial Re For the year to 3 Isi August 2022, lunding was received from Hampshire Couniy Council ioialling £43.614 (2021". £39.7661 and fees received Irom indiN'iduals lor Il)e provision ol. preschool educaiion toialled £31,547 (2021". £23.656). flie ioial income was £80,23412021'. £69,165 JRS £899). Salaries reinain ilie largesi iiein ol. expendiluK toialling £63.25212O21'. £56.5281 including employers Naiional Insurance and pension coniribuiions. During the year d)ere was a delicii 01. £3,461 overall wilh £2,572 of ihai being from unresiricied lunds, and £889 being Irom d)e uiilisaiion ol. Ihe resiricied lunds surplus from ihe previous year. {2021.. £3.556 delicil £4,445 delicii unresiricied lunds, £889 SULylus resiricied lunds}. The annual repoff was approved by the Irusiees of the chariiy on 25 May 2023 and signed on its behalf by.. Beth Wildbore Bctli Wildhnr¢ Pagc 2
Abbotts Ann Nursery Sehool Statement of Tru5tees' Responsibilities The trnstees are responsible for preparing the tsItes, report and the financial siatemellts iEk aceoidanee with ihe United Kingdoni Aecounting Standatds (Lniied Kingdom Genei"ally Aecepted Accounting Practice) applicable law and regulations. The law applicable 10 chariiies requires Ihe Irustees io pi'epare financial siaiemenis lor each financial yeai. which giN'e a true and fail. view OL Ihe siaie of alTairs of ihe chariiy and of the incoming resources and applicaiion or resoui'ces ol-the chariiy loi. thai period. In pi'eparing these financial Slemen1S, the Irustees al'e requii'ed io.. seleci suiiable accouniing policies and ihen apply them consistently: obsei'N'e ihe ineiliods aiid principles in Ihe Charilies SORP: make judgemenis and esiimaies Ihai al'e reasonable and pi'udeni; 8tatc whcthcr applicahlc acci)unting 8tandai'd8 havc bccn tnllowcd, %ubjcct to any matcrial dcparturc di%clnscd and cxplained in thc tinancial 8tatcmcnt8; and pi"epare tlie linancial statements on the going coneei"n basis unles5 It is inappropriate to preswne that the chariiy will coniinue in business. Tlic tru8tcc8 arc Icspi)n81blc fi)i' kccping prnpcr aeci)unting rccords that di%c108C Wlth rca%nnahlc accuracy at any timc thc tinancial p()8iii()n ot tlic chai'ity and cnahlc tlicm tn cn%urc that thc tinaneial 8lalcJncni8 comply wilh thc Charitie8 Act 2a11, thc applicahlc Charitic£ (Acc()untq and RcporiE) Rcglllalii)n8, and Ihc provi8ii)n8 ot- thc cnn8titution. Tlic tru8icc% arc a180 rc%pnn8ihlc fi)r 8afcguarding thc as%ct8 nf thc chai'ity and hcncc for taking rea80nahlc stCP8 for thc prcycntion and dctcction of fraud and othcr irrcgularili&s. Approved by ihe irusiees olihe chai'ity Lin 25 May 2023 and signed on its behall'by.. Beth Wildbore Beth Wildbore Pagc 3
Abbotts Ann Nursery Sehool Indepelldent Examiner's Report to the trustees of Abbotts Ann Nursery School I report on tlie aecout)ts of the eharity for the year ended 31 August 2022 wliich are sei out on pages 5 to I l. RespeLtive re5pun&ibilities of trustees aDd examiDer The irusiees al'e responsible foi. Ihe prepai'ation of ilie accounts. The Irustees consider thai an audit is noi requii'ed for ihis yeai. under seciion 144(21 of ihe Chariiies Aci 2011 {Ihe 2011 Aci) and Ihai an independeni examinaiion is needed. li is my I'esponsibiliiy lo.. examine ihe accounts under seciion 145 ot ihe 2011 Aci., io follow ihe pi'(Kedures laid down in the genei'al Direciions givell by ihe Chariiy Commission under seciioll 145(5Kb} of the 2011 Act; and 10 sthie whether pariicuiar mailers have come 10 my aiieniion. B4s1s of independent examfiner's report My cxaniinatii)n was caj'i'icd out in accoi'dancc with thc gcncral Dircctions 81cn by thc Chariry CnJnmi%sion. An cxaminatinn includc8 a rcN'icw of the accounting Jccord8 kcpr by ihc charity and a comparisnn ot thc ac)llt% pJc8cntcd witli thnsc i'ccnrds. It also includc% ci)n8idcration ot- any unu%ual itcin8 or di%cl{)8ic8 in thc accounis. ai)d seeking explanations Irom you as trnsiees concerning clliy sucli niaiiers. The pi'ocedui"e% underiaken do not pi"ovide all the evidence thai would be requii.ed in an audit and coi)sequenily no opii)ion i% given as io whether ihe accounts preseni a 'tnAe and laii. view. and Ihe i'epoi"l is limited io Ihose mailers sei oui in Ihe next sthienient. IndepeDdeDt examlner's statement In conncctii)n with my cxamination, no mattcr ha8 comc tn my attcntion.. {1) which gives me reasonable cause to belieke thai in any material I'especi the i-equiremenis.. ti) kccp acc4)unting rcci)rd8 in accordancc with scction 130 nf thc Chariti&s Aci 201 I,. and to prepai'e accounts Mliich accord with the accounting recoi.ds comply with the accountillg requireinents of tlie 2011 Act have noi been mei. or (2) to which, in my opinion, attcntion %liould bc drawn in ordcr to cnablc a propcr undcrstanding of Il)c accounts to bc rcachcd. Gemma Merritt CTA River View Tax & Accouniancy Lid 5 Eleresford Gale South Way Andover Hampshire SPIO 5BN 25 May 2023 Pagc 4
Abbotts Ann Nursery Sehool Statement of Financial Activities for the Year Ended 31 August 2022 Unrestricted Restricted funds Tntal 2022 ote Incnme and EndDM'ments frnm: Donaiions and legacies Chariiable aciiviiies Investnient income 2,722 75,543 19 2,722 77,493 19 1,950 To[ Income 78.284 1.950 80,234 Expcndlturc on: Raising tunds Charitablc activitics {1,3951 79,4611 (1.395) 82,3QO 2.8391 Ti)tal Expenditurc (80,856 2,839 83,695 Net movement in fund5 {2.5721 1889) (3,4611 Recnnciliation of fund5 Total funds brou[ forward 37,577 889 38,466 Total funds cai.r1 forwai'd 35.005 Unrestricted funds 3),005 Total 2021 Restricted funds ote Income and EndDM'ments frnm: Donaiions and legacies Cliariiable aciiviiies Investinent income 3,453 64,394 3,453 65,7Q9 1,315 Tothl Income 67.850 69,165 Expenditure on: Raising fiinds Charitable activities 1391) 171,9041 {391} 72,3301 1426 To[ Expenditure 172.2951 1426) 172,721) Net movenient in lid5 {4.4451 889 (3.5561 Reconciliation uf fund5 Total ti]nds brouglit lorward 42,022 42,022 Totsl funds carried forward 37,577 889 38,466 All nf thc charitls activilic8 dcrivc frnm cnntinuing npcratinns during thc aix)vc twn pcriodq. Tlic nd% brcakdown for 2021 1$ in n()tc I l. Pagc 5
Abbotts Ann Nursery Sehool (Registration number: 1169193) Balancc Shect as at 31 August 2022 2022 2021 LNote Current assets Ca811 at hank and in hand 35,797 39,288 Crcditors: Amowits falling due iTrithin One year (792 822 Net asset5 35,005 38,466 Funds of tbc eharfty: RestrlLted funds 889 Unrcstrlctcil Income funds Unresiri¢ied fvnds 35,005 37,577 Total funds 35,005 38,466 The linat)cial statements on pages 5 to I I were approved by the trnstees, and authorised for issue on 25 May 2023 and signed on their behalt'by.. Claire Croombs Claire Ci'oombs TIste£ Pagc 6
Abbotts Ann Nursery Sehool Notes to the Fillancial Statements for the Year Ended 31 August 2022 l Aeeountlng polleles Basis of preparatlOD Thc accaiint% al'c prcpai'cd on a rcccipt8 and payJncnt8 ba8l%. Exemption from preparing a easb flow statemcDt Thc cliai'ityaplcd to carl}, adopt Bullctin I publishcd on 2 Fcbi'uary 2016 and havc th.cfOrC not includcd a cash flow %tatcnicnt in tl)csc financial %tatcincnt%. Golng eoneerD Thc trustccs con8idcr that Ihcrc arc no malcrial unccl'tajnti( about thc charity's ability to conlinuc as a going conccrll. 'I'axation The cliariiy is considered io pass the iesis sei out in Paragraph I Scliedule 6 OL the Finance Aci 2010 and Iherelore li meeis the delinili(xi ol. a ch.itable company loi. UK coi'poraiion lax purposes. Accoi'diiigly, Ilie cliarity is poieniially exempi from iaxaiioii in respeci ol. income or capiial gains i'eceived within caiegories covered by Chapia. 3 Pan I l ol. Ihe CoLyoraiioii Tax Aci 2010 or Section 256 01 Ilie Taxaiioii ol Ch.geAble Gains Aci 1992, 10 ihe exieni Ihai such income or gains aLe applied exclusively to chariiable purposes. Cash and cash equivalents Cash and casl) equiTralenis comprise cash on hand and call deposils, and oiher shori-ienn higlily liquid invesln1en thai are readily converiible to a knowm amouni of cash and are subjeci io an insignilicalli risk or cliange in alue. Borroslings Inieresi-bearing borrowings are iniiially recorded ai lair value. nei ol Iransaciion cosis. Inieresi-bearing boLTowings are subsequently carried at ainoriised cosi. with Ihe dillerence beiween die pr(Keeds, nei or tran8actinn cn%ts. and ihc amoiint duc on rcdcmpiion bcing rcci)gni8cd as a chargc to Ihc Staicmcnt nf Financial Activiti&s nvcr thc pcriod ot thc rclcvant kK)rr()wing. Intcrc%t cxpcnse rccngni8cd nn tlic basi8 nf thc cffcctivc intcrcst mcthod and inc1ild in intcrc8t payahlc and 8imilar chargcs. )rr()win88 arc cla8%ificd currcnt liahilitic% unlc% tlic cliariiy h&8 an uncnnditional right tn dcfcr qcttlcmcni i)f the liability fi)r at Ica.%t twclvc months aftcr tlic rcpnrring dat¢. Fund structure lJnrC8triCt incomc fund8 arc gcncral funds tliat arc available fnr usc at thc trnstccs's discrctinn in furthcrancc f tlic i)bjcctik'c% i)f il)c cliarily. Resiricied income funds are Ihose donaied for use in a pariicular area or for specific purposes, Ilie use of which is restricied io iliat area or purpose. Pagc 7
Abbotts Ann Nursery Sehool Notes to the Fillancial Statements for the Year Ended 31 August 2022 2 1DLome from donatAons and legaeles Unrestricted funds 'rotal 2022 'I'otal 2021 General Dnnatii)n% and Icgacic8' Donations from individuals Gilt aid I'eclaimed Oilier income trom doiiations and legacies 610 10 2,102 610 569 2.102 2,884 2,722 2,722 3,4)3 3 Income from charftablc #ctfivlrfts Unrestrleted funds Restrleted funds Total 2022 Total 2021 General 75.543 1.950 77,493 65,709 4 Investment Income Unrestricted funds Total 2022 Total 2021 Cieneral Intcrc8t rcccivablc and 8imilar incomc,. Inieresi receivable on bank deposits 19 19 5 Expenditure on raising funds a) Costs of generaling donations and legacies Unrestricted fllnds Total 2022 Total 2021 General ute Donaiions 541 541 391 Pagc
Abbotts Ann Nursery Sehool Notes to the Fillancial Statements for the Year Ended 31 August 2022 Tntal 2022 6 Trustees remuneratlon and expenses No trustcc%, nni. any pci'%an8 collllcctcd with thcm, havc rcccivcd any rcmuncration froin Ihc charity during thc ycar. 7 Staff costs The aggrega pa)Yoll cosis wei'e as Lollows: 2022 2021 Staff eosts durlng tbe year were: ages aiid sa1.1eS Pension costs 62,443 808 56,026 502 63,251 56,528 The montlily a't[age nwnbei" of persons (ineluding senioi" Inallageinenl te&in) employed by the charity durillg the yeAr expressed as fijll tiine equivalents was as tollows.. 2022 2021 Employees 6 (2021 5) of thc abovc cmpl()ycc8 participatcd in thc Dcfjncd Contribution Pcn8ion.8cl)cm&%. ContributiS to the employee pension schemes for the year iolalled £80812021 £5021. No employee received emolumenis of more than £60,0(K) during the year Pagc 9
Abbotts Ann Nursery Sehool Notes to the Fillancial Statements for the Year Ended 31 August 2022 8 TaxatloD Thc charity is a rcgisicrcd cl).ityand is th.cfOrC cxcmpi froin taxation. 9 Credltors: amounts. f#lllng due M,Itbln one year 2022 2021 Othcr taxation and 8ocial 8ccltY Other creditors 696 684 138 792 822 10 Pension and other scheme5 DefiDed CODtribution pensioD scheme Thc charity npcratC8 a dcfincd cnnirihution pcn8ion .%chcJnc. Thc pcn8ion cost chargc for thc ycar rcprc8Cnt8 cnntributinn% payablc by thc chai'ity ta thc 8chcmc and amoiinrcd ro £sa8 (2021 £502). 11 Funds Balance at I September 2021 IncDming resour£es Resnurces eApended Balance at 31 August 2022 Unrestricted funds General 137,5771 177.7431 80.315 135,(H)5} Restrlcted funds 18891 1,950 2,839 Total funds 138,466) 179,6931 83,154 (3i,005} Balance at i September 2020 Incoming resources Resources ekpended Balance at 31 August 2021 Unrcstrictcil funds General (42,022) (67,4591 1.315 71,9( (37,577} 889 Restricted funds 426 Tntal funds 142.022 168.7741 72,330 138,466) Pagc I
Abbotts Ann Nursery Sehool Notes to the Fillancial Statements for the Year Ended 31 August 2022 12 Analysls of Det #ssets betM'eeD fund5 Unrestricted funds General Total funds Cui'reni asseis cui.reni liabilities 3i,797 (792} 35,797 {792} Tothl nei asseis 35,005 35,(M)5 13 Analysis of net fund5 At I September 2021 At 31 August 2022 Cash flow Cash at bank and in hand 39,288 (3,4911 35,797 Nei debi 39.288 (3.4911 35,797 Pagcll