Registered Charity Number: 1173831 011 ol- Ilie Iriislees 1111d Uii<iiidile(l Fii)<ll)Ci<il Sl<ileiiieiils tor Ilie Ye¢lr Elided 31 JLII 2024 for lii(1(1s'1)Ll(l(IIL's PI'L Scliool
Mudd Puddles Pre School Contents of the Flnancial Statements for the Year Ended 31 Jul 2024 PAGE Report of the Trustees Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 5t08 Detailed Statement of Financial Activities 9tolO
Mudd Puddles Ple School Contents of the Finan¢lal Statements for the Year Ended 31 Jul 2024 The trustees presnt their report with the financial statements of the charity for the year ended 31 July 2024. The trustee5 have adopted the provision5 of Accounting and Reporting by Charities,, Statement of Recommended Practice, applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191. OBJECTIVES AND ACTIVITIES Objective and aims The objective of the charity is to provide a rounded pre school education to all children enrolled at the Pre School STRUCTURE GOVERNANCE AND MANAGEMENT Governin8 document The charity is controlled by its governing document, a deed of trust and constitues an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered charity number 1173831 Prlnclple address Ifield Community Centre Ifeild Drive Crawlev Sussex RHII OHD Trustees Mrs C Billingham (Manager) Ms R George Mr5 M McDermott Independent Examiner GS Accountants Limited Aykley Vale Chambers Aykley Heads Durham DHI SNE COMMENCEMENT OF ACTIVITES The Pre School group commenced activity in August 2017 Approval by order ofthe board oftrustees on....................................and signed on it'5 behalfbv Mrs C Billingham Trustee
Inde endent Examlner's Re Mudd Puddles Pre School ort to the Trustees of Inde endent examiner's re ort to the trustee of Mudd Puddles Pre School I report of the charity trustees on my examination of the accounts of Muddy PLtddles Pre School IThe Trust) for the year ended 31 July 2024. Responslbllltles and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable directions given by the Charity Commission under section 14515llbl of the Act. Independent examlner's statement I have completed my examination. I confirm that no material matters come to my attention in connection with the examination giving me cause to believe th3t in any materal respect.. accounting records were not kept in respect of the trust as required by section 130 of the Act,. or the accounts do not accord with those records., or the accounts do not comply with the applicable rewuirements concerning the form and conlect of the accounts set out in the Charities IAccounts and Reportsl Regualtion5 2008 other than any requirement that the accounts give a true and fair view which Is not a matter considered a5 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 thi5 report in order to anable a proper understanding of the accounts to be reached. Graeme Bell FCCA GS Accountantg Limited Aykley Vale Chambers Aykley Heads Durham DHI SNE Date..
Mudd Puddles Pre School Statement of Financial Activities for the Year Ended 31 Jul 2024 Note5 31.07.24 General Fund 31.07.23 Total Funds INCOME AND ENDOWMENTS FROM Donations and Legacie5 Interest Received 9,962 38 10,396 144 Charltable activities Grants Received 21S,143 128,901 Other trading activities 319 314 225,462 139,755 EXPENDITURE ON Charitable activities Grants Received 172,588 151,734 Other 13,739 13.906 Total 186,327 165,640 NET INCOMEI ILOSSI -25.885 RECONCILIATION OF FUNDS Total funds brought forward 207,217 233, 102 TOTAL FUNDS CARRIED FORWARD 246,352 2D7,217
Mudd Puddles Pre school Balance Sheet for the Year Ended 31 lul 2024 Notes 31.07.24 General 31.07.23 Total Funds Fund CURRENT ASSETS Cash at bank 246.952 207,697 NET CURRENT ASSETS 246.952 207,697 CURRENT LIABILITIES 600 480 TOTAL ASSETS LESS CURRENT LIABILITIES 246,352 207,217 NET ASSETS 246,352 207,217 FUNDS Unrestricted funds 246,352 207,217 TOTAL FUNDS 246,352 207,217 The financial statements were approved by the board of trustees and authorised for issue on and were signed on il's behalf bv.. C Billingham Trustee R George Trustee
Mudd Puddles Pre School Notes to the Financial Statements for the Year Ended 31 Jul 2024 ACCOUNTING POLICIES Basis of preparlng the financial statements The financial statementsof the charity, which 15 a public benefit entity ender FR5102, have been prepared in accordance with the charities SORP IFRS 1021 'Accountingand Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the financial Reporting Standard applicable in the UK and Republic of Ireland IFR51021 (effective l January 20191,, Financial Reporting standard 102 'The Financial Reporting Standard applicable in the UK and RepLJblic of Ireland, and the charities Act 2011. The financial Statements have been prepared under the historical cost convertion. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it Is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is legal or constructive obligation committing the charity to that expenditure, it 15 probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accrua15 basis and has been classified under heading5 that aggregate all cost realted to the category. Where costs connot be directly attributed to particular headings they have been allocated to activities on a bisis consistent with the use of resources. Taxation The charity is exempt from tax on it5 charitable activities. Fund Accountlng Unrestricted funds can be used in accorance with the charitable objectives at the descretion of the trustees. Restricted funds can only be used for particular restricted purposes within object5 of the charity. Restrictions arise when specified by the donor or when fund5 are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post.retirement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. OTHER TRADING ACTIVITIES 31.07.24 31.07.23 Fundraising events Sales ol Uniforms Trips ancl Visits Sundries 12 91 307 223 319 314
Mudd Puddles Pre School Notes to the Financial Statements - Continued for the Year Ended 31 Jul 2024 TRUSTEES, RENUMERATION AND BENEFITS There were no trustee, renumeration or other benefits for the year ended 31 july 2024 nor the year ended 31July 2023. Trustees, Expenses There were no trustees, expenses paid for the year ended 31 July 2024 nor for the year ended 31 July 2023. STAFF COSTS The average monthly number of employees during the year was as follows.. 31.07.24 31.07.23 Management Support Staff io io No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES General fund INCOME ANO ENDOWMENTS FROM Donations and legacies 10,395 Charltable actlvltles Grants Received 128,901 Other trading activitie5 458 Total 139,754 EXPENDITURE ON Charitable activities Grants Received 151,733 Other 13,906 Total 165,639 NET INCOME -25,885 RECONCILIATION OF FUNDS Total funds brought forward 233, 102 TOTAL FUNDS CARRIED FORWARD 207,217
Mudd Puddles Pre School Notes to the Financlal Statements - Continued for the Year Ended 31 Jul 2024 MOVEMENT IN FUNDS Net movement in funds 01.08.23 31.07.24 Unrestrlcted Funds General fund 207,217 39,135 246,352 TOTAL FUNDS 207,217 39,135 246,352 Net movement in funds, including the above are as follows.. Incoming Resources Resources expended Movement in funds Unrestrlcted funds General fund5 225,462 186,327 39,135 TOTAL FUNDS 225,462 186,327 39,135 Comparatlves for movement In funds Net movement in funds 01.08.22 31.07.23 Unrestrlcted funds General funds 233,102 -25,885 207,217 TOTAL FUNDS 233,102 -25,885 207,217 Comparative net movement in funds, included in the above are a5 follows: Incoming Resources Resources expended Movement in funds Unrestricted funds General funds 139,755 165,640 -25,885 TOTAL FUND5 139,75S 165,640 -25,885
Mudd Puddles Pre School Notes to the Flnancial Statements - Continued lor the Year Ended 31 Jul 2024 MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds 01.08.22 31.07.24 Unrestrlcted Funds General fund 233,102 13,250 246,352 TOTAL FUNDS 233,102 13,250 246,352 A current year 12 months a nd prior year 12 months combined net movement in funds, including in the above are as follows: Incoming Resources Resources expended Movement in funds Unrestrlcted funds General funds 365,217 351,967 13,250 TOTAL FUNDS 365,217 351,967 13,250 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 july 2024.
Mudd Puddles Pre School Delailed Statement of Financial Activities for the Year Ended 31 Jul 2024 31.07.24 31.07.23 INCOME AND ENDOWMENTS FROM Donations and legacles Fees Received Interest Interest Received 9,962 10.396 38 144 Other trading activltie$ Fundraising events Sales of Uniform Trips and Visits Sundries 12 91 307 223 319 314 Charltable activities Gran15 215,143 128,901 Total Incomlng resources 225,462 139,755 EXPENDITURE Other Activities Domestic Equipment Purthased 5,283 801 7,655 5,337 662 7,907 13.739 13,906 Support costs Management Insurance Telephone Postage and stationery Rent 986 842 1,200 15,446 923 747 494 13,601 18,474 15.765 Informatlon te¢hnoloEv Computer Human resource5 Trips and Visits Training 1,428 1,441 815 1, 122 2,869 1,937 Other SLindries Uniform Marketing 2,290 1.031 1,031 2,061 260 1,375 4,352 3,696
Mudd Puddles Pre School Detailed Statement of Financial Activities for the Year Ended 31 Jul 2024 31.07.24 31.07.23 Other Other 2 Garden work No description 470 814 470 814 Governance costs Wages Social security Pension Accountancy and legal fees No description 137,985 124,661 1,127 1,944 1,790 7,461 977 146,423 129,522 Total resources expended 186,327 165,640 Net Income 39,135 -25,885