**St Giles Preschool** (Registered charity, number 1174619) **Financial statements for the year ended 31 August 2021**
|**Page**|**Contents**|
|---|---|
|2 - 3|Trustees’ annual report|
|4|Independent examiner’s report|
|5|Receipts & payments account|
|6|Statement of assets & liabilities|
|7|Notes to the accounts|
## **St Giles Preschool Trustees’ annual report for the year ended 31 August 2021**
**Full name** St Giles Preschool
**Organisation type** Charitable incorporated organisation
## **Registered charity number** 1174619
## **Principal address**
Lutterell Hall, Church Drive, West Bridgford, Nottingham, NG2 6AY
## **Trustees**
Lisa Marshall, Chair/Treasurer Hannah Jolly, from 21/12/21 Lesley Brown Esther Hamilton Shobana Nammalvar Charlotte Fullam Rani Karim, until 12/07/21 Sarah McNamara, until 12/07/21 Stacey Sheret, until 12/07/21
## **Independent examiner**
John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
## **Governance and management**
The charity is operated under the rules of its CIO Foundation Constitution adopted 12 September 2017.
The methods adopted for the recruitment and appointment of new trustees involves advertising for trustees within the preschool setting and further afield if necessary e.g. at schools and local magazines and also via websites.
One-to-one conversations are held between interested parties and a current trustee and then the trustee will make a recommendation of the individual to the trustee committee if suitable.
## **Objectives and activities**
The charity works for the public benefit having as its objects the development and education of preschool children in particular by:
- 1) Promoting their care and safety;
- 2) Promoting their education and promoting parental involvement;
- 3) Promoting their health and wellbeing;
- 4) Providing services to support them and their families and carers whatever race, culture, religion, means or ability;
- 5) Providing services to members of the Charity.
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## **St Giles Preschool**
## **Public benefit statement**
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
## **Summary of the main activities undertaken for the public benefit**
Promoting care and safety, health and wellbeing amongst pre-school children. We provide services to support and nurture them and their families.
## **Summary of the main achievements during the period**
The preschool was mainly operating at full capacity for 2020/2021, despite the disruption of Covid-19. We also employed a new manager who took over the role fully in September 2021.
## **The charity’s policy on reserves**
In terms of reserves our aim is to have 2-3 months running costs in the bank, which reflects the £17,000-£20,000 we usually have.
Signed on behalf of the charity’s trustees:
Signed _____________________________________________ Date __________ Lisa Marshall, Trustee
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## **Independent examiner’s report to the trustees of St Giles Preschool for the year ended 31 August 2021**
I report to the trustees on my examination of the accounts of St Giles Preschool (the charity) for the year ended 31 August 2021.
## **Responsibilities and basis of report**
As the trustees of the charity 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 charity’s 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**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records.
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.
Signed _________________________ Date ______________________ John O’Brien MSc, FCCA, FCIE Employee of Community Accounting Plus
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## **St Giles Preschool Receipts & payments account for the year ended 31 August 2021**
|_2020_
£
**Note**
**Receipts**
4559
Grants & donations
**2**
53855
Funded sessions
17374
Non funded sessions
816
Fundraising
82
Sundry receipts
76686
**Total receipts**
**Payments**
-
Advertising
135
Cleaning
1013
Equipment, repairs & renewals
608
Food & drink
640
Gifts & donations
440
Insurance
1962
Legal & professional
132
Office & general admin
434
Printing, postage & stationery
7977
Rent
1490
Resources
175
Telephone
456
Training
50258
Wages & NI
65720
**Total payments**
10966
**Net receipts/(payments)**
19780
Cash funds at start of this period
30746
**Cash funds at end of this period**|**_2021_**
**£**
1862
33566
24814
715
-|
|---|---|
||**60957**|
||133
156
908
823
830
499
2353
31
346
7972
1246
50
285
56200|
||**71832**|
||**(10875)**
30746|
||**19871**|
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## **St Giles Preschool Statement of assets and liabilities at 31 August 2021**
|_2020_
£
**Cash assets**
**Note**
30716
Bank accounts
30
Cash in hand
30746
**Other monetary assets**
117
Debtors
256
Prepayments
**3**
373
**Assets retained for the charity’s own use**
General equipment.
**Liabilities**
(540)
Creditors
**4**
(540)|**_2021_**
**£**
19871
-|
|---|---|
||**19871**|
||-
386|
||**386**|
||(635)|
||**(635)**|
These financial statements are accepted on behalf of the charity by:
Signed ___________________________________ Dated ___________ Charlotte Fullam, Trustee
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## **St Giles Preschool Notes to the accounts for the year ended 31 August 2021**
## **1. Receipts & payments accounts**
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
## **2. Grants & donations**
|HMRC: Job Retention Scheme
Sundry donations
**Prepayments**
Insurance
Legal & professional|**£**
1656
206
**1862**
**£**
172
214|
|---|---|
||**386**|
## **3. Prepayments**
## **4. Creditors**
|**Creditors**||
|---|---|
|Independent examination
Legal & professional
Non funded sessions
Wages & NI (HMRC)|**£**
552
30
22
31|
||**635**|
## **5. Trustees’ remuneration**
During this period, a total of £500 was paid to one trustee for services provided as Treasurer, as agreed with the Charity Commission.
## **6. Related party transactions**
There were no related party transactions during the period.
## **7. Glossary of terms**
**Creditors:** These are amounts owed by the charity, but not paid during the accounting period.
**Debtors:** These are amounts owed to the charity, but not received in the accounting period.
**Prepayments:** These are services that the charity has paid for in advance, but not used during the accounting period.
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