LirfLE BEARS PRE-SCHOOL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023 ## - LITTLE BEARS PRE SCHOOL ## NOTES TO THE ACCOUNTS ## DESIGNATED FUNDS The main Designated fund of £12040 is being held to cover the cost of liquidation of the Charity including the payment of Redundancy. ## NUMBER OF EMPLOYEES The average number of employees (including the trustees) during the year calculated on the basis of fulltime equivalents, was as follows: Trustees Employees 2023 2022 ## **Independent Examiner's Report to the Trustees of Little Bears Pre-School** I report on the accounts of the Trust for the year ended 31st March 2023, which are set out on pages 2 to 3. ## **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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the 2011 Act; - to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - to state whether particular matters have come to my attention. ## **Basis of Independent Examiner's report** My examination was carried out in accordance with the 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 inlcudes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as 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. 35 ## **Independent Examiner's Statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that in any material aspect the requirements: - to keep accounting records in accordance with section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met ; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name Tim Cartwright Relevant Professional Qualification or body : Member Association of Accounting Technicians Address: Haddiport House Buckland Filleigh Beaworthy Devon EX21 5RW Date: 23rd June 2023 ## **LITTLE BEARS PRE-SCHOOL** ## **INCOME & EXPENDITURE FOR THE YEAR ENDED 31ST MARCH 2023** ## **LITTLE BEARS PRE-SCHOOL BALANCE SHEET AS AT 31ST MARCH 2023** ## **Current Assets** **----- Start of picture text -----**
Prior Year INCOME Bank Current Account 2117.51
Grants: Devon County Council Bank Deposit Account 9563.02
38197.97 EY Entitlement Funding 28446.20 Bank Fundraising Account 657.20
8252.39 Non Funded Fees Bank 100 Club 0.00
97.50 Parent & Toddler Fees 9941.44 BB Inst on Line 0.00
396.00 Milk Refund 12337.73
1219.11 Fund Raising & Donations 715.10
86.00 Uniforms 60.00 Fees - Debtors -2226.30
1050.00 Income from Grants 1910.06 Payment in Advance 10111.43
30.60 Other Incomes 0.00
Less: Current Liabilities
49329.57 TOTAL INCOMES 41072.80 Sundry Creditors 0.00 0.00
EXPENDITURE NET CURRENT ASSETS 10111.43
39795.74 Staff Wages & NI 38099.86
1307.23 Training & Recruitment 31.10
6784.95 Rent / Maintenance 3002.42 Represented by:
1207.65 Rates, Utilities & Telephone 2374.20
1055.47 Administration 686.06 Unrestricted retained Income at 1st April 2022 7388.60
Insurance 1289.74 Add: Excess of Income over Expenditure for the year -7497.39
35.00 OFSTED 35.00 Balance of Unrestricted Funds carried forward -108.79
1218.96 Equipment & Resources
578.96 Consumables 559.70 Designated Fund at 1st April 2022 12041.39
Add: Interest received 21.63
454.12 Fruit & Snacks 450.50 Transfer from Current Funds -2500.00 9563.02
Independent Examiners Fee
102.00 Uniforms 273.00
Fund Raising Expenses Fundraising Account
Leaving Presents Online Account at 1st April 2022 52.10
845.59 Other 1340.21 Add: Interest received 0.49
Property Repairs Transfer to Current funds 250.00
656.46 PLA Payroll etc 428.40 Transfer from Current Funds 854.61
Transfer from BB Inst o/line 0.00 657.20
54042.13 TOTAL EXPENDITURE 48570.19
-4712.56 Excess of income over expenditure on Operations -7497.39
0.00 Interest received on Designated Funds 21.63
-4712.56 EXCESS OF INCOME OVER EXPENDITURE -7475.76
1499.95 Trs from F/Raising Ac 250.00 NET RETAINED FUNDS 10111.43
1129.00 Trs to F/Raising Ac 854.61
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