REGISTERED COMPANY NiJMBER: CE012312 (EnEJw)d aDd W*l¢s) PORT OF TRU iINA IVbii¢head & Howarth 327 Clifton Drive South Lyth•m St Annes Lancashir¢ FY8 IWN
POD EYHO SFS Cio CONTENTS OF THE FINANCIAL STATEMENrs fort DEC R20 Pgt Ref¢reDee and Admini#trtiY¢ Detal Report of the Trustees 2 to 4 Staternent of FIDAD¢lal A¢tfvhties B&laD¢e Sheet 6 to 7 Notes to the FiDaD¢ial Stat¢meffjts 8 to 12
POD EYHOUSES CIO EFERENCE AND ADMINISTRATIVE DETAILS ded 31S ECEMB 023 TRUSTEES C E Barnes E A Hodgson M E GuDSOll J Kaced M A Wilson REGISTERED OFFICE Clarendon Road Nortb Lytham StAnnes Lancasbir¢ FY8 3EE REGISTERED COMPANY Y4UMBER CE012312 (England and Wales) REGISTERED CHARITY NUMBER 1174804 Page I
POD YHOUSES CIO REPORT OF THE TRUSTELS f r the Yur Ended 31ST D CEMBER 2023 The trustees who are also directors of the chaTity for the purposes of the compa Act 2006, present th¢ir report wlth the financial statements of the charity for the year ¢nded 31st December 2023. The tru5tee5 have adopted th¢ provi510JS of Accounting and ReportiDg by Charities.. Scatsment of Recommended Practice applicable to chariiies preparing their accounts in accordCe with th¢ Financial R¢poJtin8 Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effpxtive l January 2019). OBJECTIVES AND ACTIVITIES Objecttves and To advatkce the eth¢ation of chi]dren below compulsory s¢hool age and of primary 5¢hool age. in particular but not ¢x¢lusively tIse from time io time att¢nding Heyhouses Endowed Church of England Nutsery Sch<1 (The Nursery) and Heyhou5¢5 Endowed Chureh of England Prnn8ry School (The School) by the provisioD of all Ewpod builditlg and the provision of ¢thcational activities and hcilities in alld &ssociated with the Ecopod and by making of &llts to either or both of the Nursery attd the School. Tts ]xovid¢ oppoTtunities for pupils from Heyhouse5 CE PriDWy School to and experience adiVitie5 outside the classroom e.g. Forest School Aciivities To provide a space off¢riDg oprtiltieS for drarn4 music. dance. aTL yoga to Primary and Nut5ery children. To Provide avoilability to 0up4 lo1 sd0]S and schools from firther afield ts) exp¢Tien¢e the locality. To provide a w01ng environment for Nwsery children at the end of the school day ¢.g. AfteT S¢hool Club acti7riti¢s. To offer commwity groups a veThu¢ to hold m¢etitV. PTadi¢es and Fi)rf(shops. Comment It is evident to all trusiees that slaff at He05¢5 School and Nursery who work within the Pod ensiwe that these aims and objectives are met. The Pod is ¥ 8timulatiDg light and and happy ¢nvironment wh¢re childreD develop a5 itidividuals artd as a socialty iDt¢ra¢tive group. Miuion Slotement We seek to enable thildren to Teach their potential edtionallY. spiritually and ¢tlY so th theyJDaybecom¢ all that God has created th¢m to be. PbIle beDefit The trnstees consider that the malt) activities undertakeu by the cbarity to ¢aTry Out its charitable PU0$eS are for the public benefft #rtd ffijrthennore they consid¢r that tbey have compJTred with their duty to hove due regard to the COllLmission's public benefit guidwJ¢e when exeryisitig any powers or duties to which the guidance is relevaDL ACHIEVEMENT AND PERFORMANCE Ch8rltable aetiYiti¢ Th¢ origillal fJn8rAc¢ ¢0 build the Pod was provid¢d by donions friym The Lytham Sthools Foundation and Heyhous¢s CE NuTsery School. Finallce foT fiunith and equipment wa5 provided by the Vera Wo]snhohne Trust and Heyhou5&4 CE Primary School P.TA. Pod@heyhowes As located in a purpose built Eco-Pod buildiDg which is loc¢d on land owned by The LD Schools Tht on Clar¢lldots Road Nort Lytham St AleS and withiti the puS of Heyhouses CE Prin)ary Sth(KJl. The Pod is staffed by school and Nursery staff FuDdraislng actitieS It is the intention of the trustees to hold fundraising activities on ¥ regular basis. Pa8¢ 2
HEVHOUSLS CIO REPORT OF THE TRUSTEES ror the Year Ended 1ST DECEMBER 2023 FINANCIAL REVIEW Finaneial pltion Net eypenditure tn the y¢¥r was (£761), 2022: net expendiluT¢ £(457) and reserves wried fonvard H¢re £119.829. 2022: £120,590. All reserves are wJrestri¢ted. The opporlunity to offer the Pod to outside agencie5 wos severely afftcted owitig to the pwdemic. During the course of the year it noted that there was a severe defect in the roof which resulted in water ponding on the Pod roof. This was onty n)Ced when mark5 began to appear on the int¢mal ceiling. Due to the liquidation of the business which cwri¢d out the original build, theT¢ were no valid warranti¢s or guarantees and the repair WOTk has been fman¢ed by L)rtbam S¢hwls Fowthtion. Investment policy #lld objectives Under the CoDstiwtion, the ¢JMity b&8 the power to make any tnvestmeDt which the trustees See fit. Tr trustees knv¢ ¢onsidered the 0$t appropriate policy for investing fimds and hav¢ found that business high interest accounts meet the requirements to geD¢fdte both in¢ome and allow the funds to be readity available. Reserves policy The tru5t¢e5 Fkiv¢ ¢xamined the tharitys requir¢meAhts forreserves in the ligbt ofthe main risk$ to the organisation. It has esthblished a policy whereby the uwestrict¢d fiJn(ts not ¢onllDitted or invested in tsngible fLxed assets held by th¢ clwity should be between three and six mortbs of the expenditur¢. The truses are #ware of the fact that with £122223 tied in tangible fixed assets, the desired level of reserves bove no¢ b¢eD hleYed. They continue to seek ways to improve the situation while managing curreDt alld futsr¢ risks by not committsng to any long terni project unless spe¢ifi¢ fimding 15 secure Nw5¢ry has desigDated times to uge the Eco-pod os does the School And fIse will be adjusted followins di8cussioD. The Ecovpod will be offered to a wider range of lo¢al 0up and Organi10S ovtt the colning years rnonths, fundraising adiities wll be eXpalld. Governlllg document The charity is ¢oDtrolled by ils governing documenL a routtion mithl cOnstittion dated 22 S¢ptember2017. Reeruitment *nd app0jllttDt off Dew trusttes The ¢1ty trSte¢s for the purposes of charity18w also constitute the maDagem¢nt comtnittce. The ITustses may appoint a p¢rson who is willtng to act as a tswstee, ¢ith¢r to fill a vacancy or &$ an additi¢)nal trustee PTOVtded that the ntsximwn of fiv¢ 8$ set by the articles is not exceeded. Th¢ trustees shall be cojjsiituted. 2 representing Heyhous¢$ CE Primay School, 2 representing Heyhouses CE Nursery Schijol and I representing L)rthatD Schools Foundatlon. Ail tntstees presenting themselves foT re-election will be deemed to have been re-eI¢¢a Unless at the annual general ¢ttIng il is resolved not to fill a vacancy or unless a T¢solution forthe re-appoit)tinent of the trjstee is put to the m¢eting and lost. Indurtion and trniDinE of nejv truste The tsusle¢s are already fomiliar with the prdCtica] work of th¢ charlty and additionalty are invited and ¢n¢ouraged to att¢nd meetings and training sessions to familiaTise themselve5 With the clwity and the context Trithin which it operdteS and cover: l The obligatiow of Tnjstees 2 The main document% which set out the operdtiowdl framework for the thJTity kncludingthe cOnltiOn and Articles 3 ResouKiDg and the current finan¢ial position as s¢t out in the latest pvblished accollt and fin8ncial maDag¢ment itifornydtion d Future plaL4 and objectives New ITU51ees would be invited to settn)g to familiarise themselves with the work of the ch8riry. They would also be provided with 8 handbook containtttg fijll details of the Work of the charity along Mryth the governing document and the latest flliancial statements. New tn)%tees would hav¢ all indudion programwe followed by an an31lS of this induction. Key w4D#gement T¢Thunerntion No Temwieration WdS paid to key management. Page 3
POD EYHOUSES CIO REPORT OF THE TRUSTEES for tbe Year Ended 31ST DECEMBER 2023 STRucfiJRE, GOVERNANCE AND MANAGEME Rekntsd parties Th¢ charity provides the Pod facility to bul Dot excl¥Jsively to pupils of Heyhouses CE Nursery S¢bool and Heyhowes Fj0WCd Primary SchooL chltieS which are associated by virtue of trustees it) common. Risk maDagement The lThst¢es have conducted a r¢view of the major risks to which the chrrity is exposed A rlsk r¢8iSter has been estsblished and is updated at leasi ollnualty. Wh¢rt appropriate, systenh5 orprocedures bave been established to mitigate the rlsks the Cbarity faces. Inten] Control risks ar¢ mininused by the implementstioll of ProtheS consistent with the activities of the charity aud in accordan¢t with Ofsted inspectil)DS. Procedures are in place to ¢Jkswe coll)pliance WAth heahh safety of sthffj children, volunieers and visilors to the Ecowd. These pro¢dures are Rviewed annualty to ensure that they ¢ontinue to meetth¢ needs of the cbarity. TThJteu meetings Meetings are held a minimum of twice a proc¢thwal mertings are held Tegulorly to progress the oDgoing activities of the pod. Approved by ordeT of the board of tr¢¢$ on 13th 2024 and sId on its belthlf by.. C E Barnes- TnLStee Page 4
POD EYHOiTSES C]0 TA ANCIA TIVITIE 31112123 Unre5tri¢ted fund 31112122 Total fimds INCOME AND ENDOWMENTS FROM Donalion5 legacies 7211 4.806 EXPENDITURE ON Charitable #etivities ChaTitsble activities 7,972 5263 NET INCoMEI(EXPENDmll) (761) (457) RECONCILIATION OF FUNDS Total fimds brollgbt forward 120,590 121.04? TOTAL FUNDS CARRIED FORWARD 119.829 120,590 The nrfes forn) part of the financial st8t¢m¢Dts Page 5
POD EYHO SES CIO HEE ST DECEMB 2023 31112123 Unrestricted fimd 31112122 Total Notes FIXED ASSETS Tangible as5eis 122,223 125,349 CURRENT ETs DeorS Cash at bmk 199 1.119 3.743 3.743 1,318 CREDrfoRS Ajnounts fauittg due within one y 13.005) (1.745) NET CURRENT ASSETS 738 (427) TOTAL ASSETS &s CURRENT LIABILITIES 122.961 124,922 knowits falling thie after more than one year (3,132) (4.332) NET ASSETS 119.829 120,590 io Unrestri¢i¢d fimds 119,829 120.590 TOTAL FUNDS 119.829 120.590 The charitable company is entitled to exen)ptiots from audit under Section 477 of the Companies Act 2006 for th¢ >rar etth 31st De¢•nber 2023. The llmbers have not requir¢d the company to obtsin an audit of its fjnancial statemen1$ for the year end¢d 3 1st December 2023 in accordanrx with Se¢tioD 476 of the CompaDi¢S Act 2006. The trustee5 a¢knowkdge their responsibilities for (a) eJwJring that the charitable Company keeps occounting records that compty with Sections 386 aTrJ 387 of the Compani¢s Act 2006 and F¢epaTing fmatscial statements wbi¢h give a tru¢ and fair vi¢w of the stste of affairs of the charitable wmpany as the end of each finpncial year and of its swplus or deficit for each financial year in #¢)rdance with the requiiements of Sections 394 and 395 and whicb othenvi5e ¢omply wAth the requiT¢ments of the Compani¢s A 2006 relatillg to fllwicial st8tement& so far as appliable to the ¢haitabl¢ company. (b) The notes form of these financial ststements Page 6 continued...
POD EYHOUSES CIO BALANCE SHEET- eontiDued 31ST DECEMBER 2023 These fwancial stalem¢nts have been prepared in accordance with th¢ provisions applicable to ¢haritabl¢ wnpanies subj¢et to the small companies regime. The financial stJten)eDts wer¢ approved by the Board of Trustees and authorIs for issue on 13th June 2024 ond w¢re sign¢d on its bebalf by.. C E Barnes- Trustee The notes fonn part of these financial st4i¢ments Page 7
OD OUSES OT the ANC ed 31ST STATKMENTS ECEMB 2(123 e¥Jr En ACCOUNTING POLICIES Bas18 of preparing tb¢ fthaBeial ststements The fjnallcial st¢ments of th¢ charitabl¢ company, tch 15 4 publi¢ benefit entity Ullder FRS 102, have been Preped in accordaTKe with the CbaTities SORP (FRS 102) 'A¢¢ouDting and Reporting by CbaTities'. Statement of Recommended Practite applicable to clwities pr¢paring their aonts in accord8nce wrytb tbe Financial Rep(rting Standwd applicable in the UK and Republic tsf Ireland (FRS 102} (effective l January 20191,. FiDaEJcial Reporting Standard 102 'Th¢ FItclaI Reporting Standard applicabl¢ in the UK and R¢public of ]reland' Ind the Companies Act 2006. Th¢ fan¢11 ststem¢nt5 have been prepar un¢Jer th¢ hist0T11 cost conventio IDcome All income is recognised in the Ststement of Financial Activities once the tharity has entitlemeni to the furnds. it is probable thai the income will be received 8rtd the amouttt can b¢ measured r¢liabty. Expenditure Liabiliti¢s are Tecognised as expenditure as soon a$ there 15 a legal or ¢¢)Dstructive obligation committing the clwity to that expendi¢Wf, it 15 probable that o transf¢r of economic benefrts will be required ill 5¢tt1ement and the amount of the obligation can be measwed r¢ligbly. Bxpenditure is accounted for on aD aecnJ818 basis and has been classifi¢d wnder headings that aggregate all cost Telated to the category. Where costs cant]ot be directly attributed to partiojlar headings they have been allated to O¢tivities on a basis wlStent iyith the we of TesouFtt8. T4llgible fJs¢d a&sets D¢pT¢ciation 15 provided * the following onnual rates in order to WTite off each a55et over ils estimated usefvl life. Eco Pod Fixtures and fittings 2% on cost IW• onreducing balan¢e Taxation The charity is exempt from cupor¥tion tax on its charitsble activitie8. Futtd *teounliDE UDT¢5trieted funds ¢8tt be used in cordan¢e with th¢ charitsble objectives at the di[0 of the tnJstee5. Restricted fidS can only be used fvrpanicular restricted purposes withiti the obj¢¢ts of the cherity. Restridions arise when specified by th¢ donor or funds #re raised for particular restricted puJpose5. Fwther explanation of the natyre and pwpose of each fimd is iticluded in the notes to the r]naDcial ststements. NET INCOMEI(EXPENDrruRE) Net it)comel(expenditUTe) is ststed aft¢r Chargin{crediting). 31112123 31112122 Depreciation- owned assefs 3,126 3,172 Page 8 ontinued...
POD YHOUSES CIO NOTES TO THE FfNANCIAL STATEMENTS * tontinued for the Year Ended 31ST DECEMBER 2023 TRUSTEES, REMUNERATION AND BENEFrtS There were no trust¢es' remuneration or other benefits for the year ended 31$1 Dec¢Jnber 2023 nor for the year ended 31 December 2022. Trustees, ¢xpeMes There were no trustees, exp¢nses paid for the y¢#r ended 31st De¢emb¢r 2023 nor for the year ended 3 1st December 2022. ColARATIVEs FOR THE STATEMENT OF FINANCIAL ACTIVITIES fimd JNCOME AND ENDOWMENTS FROM Donations and legacies 4.806 EXPENDITURE ON Cbaritsble #etivlties Charitsble aclivities 5.263 NET JNCOMEIIEXPENDITURE) (457) RECONCIUATJON OF FUNDS Total fitnts brougbt foyward 121,047 TOTAL FIIM)S CARRIED FORWARD 120.590 TAI¥GIBLE FIXED ETs Eco Pod Totals COST At 1st JaDUary 2023 and 31st Decemb¢r 2023 134,430 7,334 141.764 DEPRECIATION At 1st JaDuary 2023 Charge for y 13.442 2.688 2,973 438 16.415 3.126 Ai 3 1st Decemb¢T 2023 16.130 3.411 19.541 NET BOOK VALUE Ai 31st Drfember 2023 118,300 3,923 122223 Ai 3 1st December 2022 120.988 4,361 125,349 Page 9 contiDued...
OUSES CI NCIAL S ATEME 31STD MBER fo DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 31112123 31112r22 Prepayments 199 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31112123 3111Y22 Other loaDs (see no* 9) Oiher creditors Aeerned expeD5¢S 1200 600 1.205 1,200 545 3.005 1,745 cREDORS. AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 31112Q3 31112122 Other loans (stt note 9) 3.132 4,332 LOANS An analysis of the maturity of loans is giveo below. 31112122 Amounts folIn due wiihin one yeaT on demand.. Other loatss 1,2 1,200 Arnounts fallitig due betweett two alld five years: Other loaDs- 2-5 years 3.132 4.332 io. MOVEMENT IN FUNDS Net At 31.12.23 At 1.1.23 in fiinds UDrestrleted funds General fimd 120.590 {761) 119,829 TOTAL FUNDS 120,590 (761) 119,829 Net mov¢J)i¢nt in fuDds. included in the abov¢ are as follows.. Incoming resouces Resowces expended Movement in fijnds URre5trict¢d funds General fimd 7,21l (7,972) (761) TOTAL FUIIDS 7.211 (7,972) (761) Pag¢ 10
POD YHOUSES CIO NOTLS TO THE FINANCIAL STATEMEI¥TS- continued ror e Ye4r Ended 31ST DECEMBER 2023 io. MOVEMENT IN FUNDS- tontinu¢d Compar#tiv¢i for movtmeDt iffj funds Net movement in fimds At 1.122 31.12.22 UDrestrie¢ed fuDds General fimd 121.047 (457) 120.590 TOTAL FUI¥DS 121.047 (457) 120.590 Comparative net movement in fimds, included in the abov¢ are as follows.. Jn¢oAntng resourtes R¢sources exp¢nded Movement in fills Unrestricted funds General ffijnd 4,806 (5.263) (457) TOTAL FUI¥DS 4.806 (5263) (457) A cuml year 12 months ajd prior year 12 months combined position is as follows: Net movement in fimd$ At 31.1223 At 1.1.22 UDrestrieted fwids Get)ernl futtd 121,047 (1218) 119.829 TOTAL FUNDS 121,047 (1.218) 119.829 A current year 12 montbs and prior year 12 moDths wmbined net movement in fids. in¢h]ded in th¢ above are as follows.. JncomiDg resources ResouT¢e$ expended m0vell1t in funds Unrestricted fuDds G¢neral 12.017 (13235) {1218} TOTAL FUNDS 12,017 (13,235) (1218) Page 11 ItiDued..
YHOU cio OTES TO TH rthe rE FANc LSTA d31S DECEMB EIYTS- R 2023 RELAThD PARTY DIsCLOSUIs Trustees of Pod@Heyhouse5 CIO hold other bwte¢ships in otber organisatlow and troJ]sactions with these organisatioDS are as follows. The cl)aTity received donations of £2,100 from Heyhouse5 Endow¢d Churcb of England Priw School in the The ¢h8rity receiv¢d a loan from Heyhou5es Church of England Nursery School Lill)ited in 2018, the allwwlt out5tsnding at 3111212023 was £4,332. 12. CONTROL The chaTty is controlled by the Irustees as VOtiDg members. Page 12