RIDGEWOOD PRESCHOOL ACCOUNTS FOR THE YEAR ENDING 31 AUGUST 2021 Registered Charity Number 1170289
RIDGEWOOD PRESCHOOL
FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 AUGUST 2021
CONTENTS OF THE FINANCIAL STATEMENTS
| Page | |
|---|---|
| General information | 1 |
| Trustees annual report | 2-3 |
| Independent examiner’s report | 4 |
| Receipts and payments accounts | 5 |
| Assets and liabilities accounts | 6 |
RIDGEWOOD PRESCHOOL
GENERAL INFORMATION
FOR THE YEAR ENDING 31 AUGUST 2021
Status
Ridgewood Preschool is governed by its Constitution. It was granted ‘Charitable Incorporated organisation’ status on 21 November 2016. Charity number 1170289.
Trustees
Mireille Williams- Chair Bridgette Bennett-Purnell - Trustee Emily Griffiths - Trustee Zoe Cockle – Trustee Danielle Wakefield – Trustee Allison Glassenbury- Trustee- appointed 5/11/2021 Lucy Mortimer- Trustee- appointed 5/11/2021 Rachel Mills- Trustee- appointed 5/11/2021
Registered Office
Ridgewood Community Centre 244 Station Road Yate Bristol BS37 4AF
Independent Examiners
Dolman’s Chartered Accountants The Mews Hounds Road Chipping Sodbury Bristol BS37 6EE
Bankers
HSBC 2 North Walk Yate Bristol BS37 4AR
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RIDGEWOOD PRESCHOOL
TRUSTEES REPORT
FOR THE YEAR ENDING 31 AUGUST 2021
The trustees present their report and the unaudited financial statements of the charity for the period ended 31 August 2021
Structure Governance and Management
Organisation
The trustees are appointed or reappointed annually at AGM.
Public benefit
The Trustees have complied with their duty under section 17 of the charities act 2011 to have due regard to public benefit guidance published by the charity commission.
Objectives and Activities
Objectives of the Charity
The aim of the Pre-school is 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 and by
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Offering appropriate play, education and care facilities, family learning and extended hours groups, 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.
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Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas.
Summary of main achievements of the Charity during the year.
The Board of trustees have supported the staff team through the latter part of the national/regional restrictions during the Covid pandemic. We navigated through a change of the Early Years manager at the end of this financial year and are ensuring we meet the requirements for Ofsted and the EYFS at all times.
The levels of children on roll have remained good and we are seeing a lot of visitors and families enrolling their children with us immediately and in the future creating a waiting list.
We will continue to monitor our costs vs profit and always aim to add to our reserves.
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RIDGEWOOD PRESCHOOL
TRUSTEES REPORT
FOR THE YEAR ENDING 31 AUGUST 2021
Reserves policy and risk management
The trustees propose to place into reserves one third of any monies that are raised through fundraising at the end of any financial year.
The trustees have examined the major risks to which the charity is exposed, and systems will continue to be established to mitigate those risks. These procedures will be periodically reviewed to ensure that they still meet the needs of the charity.
Plans for the future
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Continue to explore new ways to recruit more children to fill places.
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Explore more ways to encourage parents to take an active role in our preschool, this will help raise vital funds.
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Continue to manage the cost vs profit analysis to ensure there is enough margin to be sustainable.
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Continue to seek grants to help maintain key activities of the preschool.
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Continue to build our reserves.
Trustees’ responsibilities in relation to the financial statements
The trustees’ declare that they have approved the trustees’ report above.
Approved by the trustees and signed on their behalf by
…………………………………………………………… Date ………………………………………………….
………………………………………………………… Date ……………………………………………………..
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RIDGEWOOD PRESCHOOL
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
FOR THE YEAR ENDING 31 AUGUST 2021
I report on the accounts of the charity for the period ending 31 August 2021 which are set out on pages 5-6.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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to state whether matters have come to my attention
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met.
…………………………………………………………… Date ………………………………………………..
Phillip Dolman FCA Dolman’s Chartered Accountants The Mews Hounds Road Chipping Sodbury Bristol BS37 6EE
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RIDGEWOOD PRESCHOOL
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDING 31 AUGUST 2021
| RECEIPTS Fees Grants- nursery education Grants- other Dinner & snack money Fundraising Miscellaneous Bank interest PAYMENTS Salaries Staff pension Rent Preschool lunches Printing & stationery Payroll fees Telephone and internet Miscellaneous Subscriptions Equipment Trustees Training Advertising Repairs and maintenance Accounts Activities Insurance Uniforms Cleaning NET OF RECEIPTS / (PAYMENTS) Funds Brought forward CASH FUNDS THIS YEAR END |
UNRESTRICTED FUNDS £ RESTRICTED FUNDS £ TOTAL 2021 £ TOTAL 2020 £ 14,360 - 14,360 7,789 83,016 - 83,016 79,939 265 6,386 6,651 21,413 6,004 - 6,004 4,563 - - - - 6,468 - 6,468 1,859 1 - 1 15 |
|---|---|
| 110,114 6,386 116,500 115,578 82,067 8,484 90,551 87,366 2,138 - 2,138 1,391 8,457 - 8,457 7,195 1,093 1,093 1,400 763 - 763 458 553 - 553 576 468 - 468 463 2,831 - 2,831 2,819 282 - 282 279 1,040 - 1,040 - - - - 116 706 - 706 - 81 - 81 81 1,035 - 1,035 872 438 - 438 438 2,129 - 2.129 595 836 - 836 732 - - - 318 1,432 - 1,432 1,198 |
|
| 106,349 8,484 114,833 106,327 3,765 (2,098) (1,667) 9,251 19,886 2,246 22,132 12,881 |
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| 23,651 148 23,799 22,132 |
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RIDGEWOOD PRESCHOOL
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 AUGUST 2021
| CASH FUNDS Current account Grant account 30 Day notice account Fundraising account LIABILITIES Independent examination PAYE contributions |
Unrestricted Fund £ Restricted Fund £ Total 2021 £ Total 2020 £ 3,553 - 3,553 8,776 3,236 - 3,236 - 14,578 - 14,578 9,576 2,284 148 2,432 3,780 |
|---|---|
| 23,651 148 23,799 22,132 |
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| 445 - 445 445 401 - 401 401 |
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| 846 - 846 846 |
The trustees declare they have approved the accounts above
Signed on behalf of the charity’s trustees
………………………………………………… …………………………………………………….
M Williams E Griffiths
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