Asion Village Hall
New Park Lane
Stevenage
Hertfordshire
SG2 7ED
Regd tharfty No 1176057
R8d Charlty No 1176057
Trustees, Annual
Report
For the period I September 2020 to 31
August 2021
Sectlon A: Relerefft and Admlni5tr•tion Detalls
Chari
Re
istered Char
Address
name
on preh0O1
1176057
Aston Vil*e Hall New Park Lane Stevena8e
Hertfordshire SG2 7ED
ao
Number
Names of the tharity trusttss who manage the charity
Sarah Hole, General Member
Cham)alne Vassle. Human Resources
Jemma Douglass, Finance
Hannah Lon& General Member
Nikki Wilby, Nominated Person
Danielle Swain. Secreta
Sectlon B: Structure, Go¥emance and Managen*rt
overnin
document
How the char
is constituted
Trustee selertion methods
Constitution
Preschool
inted
Committee
Aston Preschool is a charty funded preschool. It's aim5 and objectNes are to provide
opportunities to develop and enhance the education of children of 2 and a half to 5 years ohl,
following the legal statutory guidance of the Early Years Foundation Stage. It is based in the heart
of the community of the village of Aston with strong links with the community, local feeder
xhool
s} and outside
encies.
Section D: Summary of the main a¢llth Wbthrtaken for the pubH¢ benefit In rektkm to these
objectives
Aston Preschool offers appropriate play, education and care faalities, working in partnership with
parent5, the community, outside agencie5 and the local feeder schoollsl in ensuring that all
opportunities are offered to children whatever their race. culture, religion or means of ability. The
curriculum offered covers and supports the Eath Years Foundation Stage. The charty runs 9
sessions per week in term time. The experienced stsff are, committed and dedicated to offering
quality'leaming throu8h pla. ensuring that throu8h careful obseNations and assessments, all
children have access and support to athieve their full potential. Parents are involved in raising
funds to provide agelstage and special needs appropriate equipment. resources and experien$.
Staff are committed to attending ongoing relevant training courses to ensure that all children and
thelr parents receive quality earty years, experience and care. We keep in mind the Charity
Commissionin
Guidance on
blic benefft.
The charity continued to operate effectively throughout this year benefftting preschool aged
children. We were unable to host our annual sports day or graduation ceremony due to COWD
restrirtions.
S•cilon F: Flnandal Re
The chèritys policy on reserves isto cover staff redundaw payments and any reductions in the
number of chiklren attendin
the
reschool.
Detsils of any funds materially in defKit. The Receipts and Expenditure account made a profft of
£13.192 due to an inuea5e in the number of children èttendi
the sclKM)I.
The management consists entirely of volunteers except for the preschool manager who attends
all meetings. They contribute by being responsible for the running of this charty and its financial
management, staff recruiimeiiL establishing and reviewin8 policies1predufes and other suth
res
nsibilitie5. The cha
does not make
rants or investments.
Full Name
Position
nan
Financial
Charity registration number: 1176057
ACCOUNTING PERIOD DATA REFRESH REQUIRED Select the Refresh button on the Summary or Disclosure tab
## Aston Pre-School (CIO)
Annual Report and Financial Statements for the Year Ended 31 August 2021
Stocker Accounting 3 Dimsdale Walk Plaistow London E13 0LW
## **Aston Pre-School (CIO)**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Statement of Trustees' Responsibilities|2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6 to 11|
## **Aston Pre-School (CIO)**
## **Reference and Administrative Details**
**Trustees** Sarah Hole, General Member Lisa Arquati Haghes, Fundraiser Charmaine Vassie, Human Resources Jemma Douglass, Finance Hannah Long, General Member Nikki Wilby, Nominated Person Danielle Swain, Secretary **Other Officers** Melanie Wickens, Pre-School Manager **Charity Registration Number** 1176057 **Independent Examiner** Stocker Accounting 3 Dimsdale Walk Plaistow London E13 0LW **Accountants** Stocker Accounting 3 Dimsdale Walk Plaistow London E13 0LW
Page 1
## **Aston Pre-School (CIO)**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees of the charity on 1 June 2022 and signed on its behalf by:
......................................... Jemma Douglass Trustee
Page 2
## **Aston Pre-School (CIO)**
## **Independent Examiner's Report to the trustees of Aston Pre-School (CIO)**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 August 2021 which are set out on pages 4 to 11.
## **Respective responsibilities of trustees and examiner**
As the charity’s trustees of Aston Pre-School (CIO) 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 Aston Pre-School (CIO)'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 material 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 Aston Pre-School (CIO) as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as 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 this report in order to enable a proper understanding of the accounts to be reached.
## T A Stocker
...................................... Tom Stocker
3 Dimsdale Walk Plaistow London E13 0LW
1 June 2022
Page 3
## **Aston Pre-School (CIO)**
## **Statement of Financial Activities for the Year Ended 31 August 2021**
|**Note**
**Income and Endowments from:**
Donations and legacies
Charitable activities
Total Income
**Expenditure on:**
Charitable activities
Other expenditure
5
Total Expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
12|**Restricted**
**£**
80,357
16,435
96,792
(13,426)
(70,174)
(83,600)
13,192
146,975
160,167|**Total**
**2021**
**£**
80,357
16,435
96,792
(13,426)
(70,174)
(83,600)
13,192
146,975
160,167|**Total**
**2020**
**£**
67,789
8,473|
|---|---|---|---|
||||76,262|
||||(15,439)
(68,690)|
||||(84,129)|
||||(7,867)
153,967|
||||146,100|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 12.
The notes on pages 6 to 11 form an integral part of these financial statements. Page 4
## **Aston Pre-School (CIO)**
## **(Registration number: 1176057) Balance Sheet as at 31 August 2021**
|**Note**
**Current assets**
Cash at bank and in hand
10
**Creditors: Amounts falling due within one year**
11
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
**Total funds**
12|**2021**
**£**
161,217
(1,050)
160,167
160,167
160,167|**2020**
**£**
146,975
(875)|
|---|---|---|
|||146,100|
|||146,100|
|||146,100|
The financial statements on pages 4 to 11 were approved by the trustees, and authorised for issue on 1 June 2022 and signed on their behalf by:
......................................... Jemma Douglass Trustee
The notes on pages 6 to 11 form an integral part of these financial statements. Page 5
## **Aston Pre-School (CIO)**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with 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 (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Aston Pre-School (CIO) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Exemption from preparing a cash flow statement**
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## _**Donated services and facilities**_
Where services or facilities are provided to the charity as a donation that would normally be purchased from our suppliers, this benefit is included in the financial statements at it's fair value unless it's fair value cannot be realiably measured, then at the cost to the donor or the resale value of goods that are to be sold.
## _**Gift aid**_
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.
Page 6
## **Aston Pre-School (CIO)**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
## **Government grants**
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Fund structure**
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Page 7
## **Aston Pre-School (CIO)**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
## **2 Income from donations and legacies**
|Grants, including capital grants;
Government grants
Regular giving and capital donations
Donated services and facilities
Other income from donations and legacies
**Total for 2021**
**Total for 2020**|**Restricted**
**funds**
**£**
79,882
85
305
85
80,357
67,789|**Total**
**funds**
**£**
79,882
85
305
85|
|---|---|---|
|||80,357|
|||67,789|
## **3 Income from charitable activities**
## **4 Expenditure on charitable activities**
|**4**
**Expenditure on charitable activities**|||
|---|---|---|
|**Note**
Governance costs
**Total for 2021**
**Total for 2020**
**5**
**Other expenditure**
**Note**
Allocated support costs
**Total for 2021**
**Total for 2020**|**Restricted**
**funds**
**£**
12,376
1,050
13,426
15,439
**Restricted**
**funds**
**£**
70,174
70,174
68,690|**Total**
**funds**
**£**
12,376
1,050|
|||13,426|
|||15,439|
|||**Total**
**expenditure**
**£**
**Total**
**funds**
**£**
70,174|
|||70,174|
|||68,690|
Page 8
## **Aston Pre-School (CIO)**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
## **6 Analysis of governance and support costs**
## **Governance costs**
|Audit fees
Audit of the financial statements
**Total for 2021**
**Total for 2020**|**Restricted**
**funds**
**£**
1,050
1,050
875|**Total**
**funds**
**£**
1,050|
|---|---|---|
|||1,050|
|||875|
## **7 Trustees remuneration and expenses**
Trustees were reinbursed from the charity during the year.
## **8 Auditors' remuneration**
## **9 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **10 Cash and cash equivalents**
|Cash on hand
Cash at bank
**11 Creditors: amounts falling due within one year**
Accruals|**2021**
**£**
200
161,017
161,217
**2021**
**£**
1,050|**2020**
**£**
200
146,775|
|---|---|---|
|||146,975|
|||**2020**
**£**
875|
Page 9
## **Aston Pre-School (CIO)**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
## **12 Funds**
|**12 Funds**|||||
|---|---|---|---|---|
|**Restricted**
**Restricted**|**Balance at 1**
**September**
**2020**
**£**
146,975
**Balance at 1**
**September**
**2019**
**£**
153,967|**Incoming**
**resources**
**£**
96,792
**Incoming**
**resources**
**£**
76,262|**Resources**
**expended**
**£**
(83,600)
**Resources**
**expended**
**£**
(84,129)|**Balance at 31**
**August 2021**
**£**
160,167|
|||||**Balance at 31**
**August 2020**
**£**
146,100|
## **13 Analysis of net assets between funds**
|**13 Analysis of net assets between funds**|||
|---|---|---|
|Current assets
Current liabilities
Total net assets
Current assets
Current liabilities
Total net assets|**Restricted**
**funds**
**£**
161,217
(1,050)
160,167
**Restricted**
**funds**
**£**
146,975
(875)
146,100|**Total funds at**
**31 August**
**2021**
**£**
161,217
(1,050)|
|||160,167|
|||**Total funds at**
**31 August**
**2020**
**£**
146,975
(875)|
|||146,100|
Page 10
## **Aston Pre-School (CIO)**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
|**14 Analysis of net funds**
**At 1 September**
**2020**
**£**
Cash at bank and in hand
146,975
Net amount
146,975
Cash at bank and in hand
Net debt|**14 Analysis of net funds**
**At 1 September**
**2020**
**£**
Cash at bank and in hand
146,975
Net amount
146,975
Cash at bank and in hand
Net debt||**Cash flow**
**£**
-
-
**At 1**
**September**
**2019**
**£**
153,967
153,967|**At 31 August**
**2021**
**£**
146,975|
|---|---|---|---|---|
||146,975|||146,975|
|||||**At 31 August**
**2020**
**£**
153,967
153,967|
||||||
Page 11
## **Aston Pre-School (CIO)**
## **Statement of Financial Activities by fund for the Year Ended 31 August 2021**
|**Income and Endowments from:**
Donations and legacies
Charitable activities
Total income
**Expenditure on:**
Charitable activities
Other expenditure
Total expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Restricted**
**Funds**
**2021**
**£**
80,357
16,435
96,792
(13,426)
(70,174)
(83,600)
13,192
13,192
146,975
160,167|**Total**
**Restricted**
**Funds**
**2020**
**£**
67,789
8,473|
|---|---|---|
|||76,262|
|||(15,439)
(68,690)|
|||(84,129)|
|||(7,867)|
|||(7,867)
153,967|
|||146,100|
This page does not form part of the statutory financial statements. Page 12
## **Aston Pre-School (CIO)**
## **Detailed Statement of Financial Activities for the Year Ended 31 August 2021**
|**Income and Endowments from:**
Donations and legacies (analysed below)
Charitable activities (analysed below)
Total income
**Expenditure on:**
Charitable activities (analysed below)
Other expenditure (analysed below)
Total expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**2021**
**£**
80,357
16,435
96,792
(13,426)
(70,174)
(83,600)
13,192
13,192
146,975
160,167|**Total**
**2020**
**£**
67,789
8,473|
|---|---|---|
|||76,262|
|||(15,439)
(68,690)|
|||(84,129)|
|||(7,867)|
|||(7,867)
153,967|
|||146,100|
This page does not form part of the statutory financial statements. Page 13
## **Aston Pre-School (CIO)**
## **Detailed Statement of Financial Activities for the Year Ended 31 August 2021**
|**_Donations and legacies_**
Funding
Appeals and donations
Fundraising Events
Bank interest receivable
Uniform
Staff training
**_Charitable activities_**
Fees
**_Charitable activities_**
Hall Hire
Refreshments
Administration
Non Consumable supplies
Consumable supplies
Uniform costs
Fundraising/Outings/Parties
Accountancy fees
**_Other expenditure_**
Wages and salaries
College Courses
Insurance/ Licenses
Telephone and fax
Miscellaneous expenses|**Total**
**2021**
**£**
79,882
-
85
85
305
-
80,357
16,435
16,435
(7,147)
(220)
(2,737)
(710)
(672)
(890)
-
(1,050)
(13,426)
(66,594)
(805)
(909)
(327)
(1,539)
(70,174)|**Total**
**2020**
**£**
66,583
188
266
638
112
2|
|---|---|---|
|||67,789|
|||8,473|
|||8,473|
|||(7,262)
(716)
(4,275)
(868)
(634)
(756)
(53)
(875)|
|||(15,439)|
|||(66,443)
(438)
(891)
(318)
(600)|
|||(68,690)|
This page does not form part of the statutory financial statements. Page 14
Charity registration number: 1176057
ACCOUNTING PERIOD DATA REFRESH REQUIRED Select the Refresh button on the Summary or Disclosure tab
## Aston Pre-School (CIO)
Annual Report and Financial Statements for the Year Ended 31 August 2021
Stocker Accounting 3 Dimsdale Walk Plaistow London E13 0LW
## **Aston Pre-School (CIO)**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Statement of Trustees' Responsibilities|2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6 to 11|
## **Aston Pre-School (CIO)**
## **Reference and Administrative Details**
**Trustees** Sarah Hole, General Member Lisa Arquati Haghes, Fundraiser Charmaine Vassie, Human Resources Jemma Douglass, Finance Hannah Long, General Member Nikki Wilby, Nominated Person Danielle Swain, Secretary **Other Officers** Melanie Wickens, Pre-School Manager **Charity Registration Number** 1176057 **Independent Examiner** Stocker Accounting 3 Dimsdale Walk Plaistow London E13 0LW **Accountants** Stocker Accounting 3 Dimsdale Walk Plaistow London E13 0LW
Page 1
## **Aston Pre-School (CIO)**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees of the charity on 1 June 2022 and signed on its behalf by:
......................................... Jemma Douglass Trustee
Page 2
## **Aston Pre-School (CIO)**
## **Independent Examiner's Report to the trustees of Aston Pre-School (CIO)**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 August 2021 which are set out on pages 4 to 11.
## **Respective responsibilities of trustees and examiner**
As the charity’s trustees of Aston Pre-School (CIO) 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 Aston Pre-School (CIO)'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 material 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 Aston Pre-School (CIO) as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as 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 this report in order to enable a proper understanding of the accounts to be reached.
## T A Stocker
...................................... Tom Stocker
3 Dimsdale Walk Plaistow London E13 0LW
1 June 2022
Page 3
## **Aston Pre-School (CIO)**
## **Statement of Financial Activities for the Year Ended 31 August 2021**
|**Note**
**Income and Endowments from:**
Donations and legacies
Charitable activities
Total Income
**Expenditure on:**
Charitable activities
Other expenditure
5
Total Expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
12|**Restricted**
**£**
80,357
16,435
96,792
(13,426)
(70,174)
(83,600)
13,192
146,975
160,167|**Total**
**2021**
**£**
80,357
16,435
96,792
(13,426)
(70,174)
(83,600)
13,192
146,975
160,167|**Total**
**2020**
**£**
67,789
8,473|
|---|---|---|---|
||||76,262|
||||(15,439)
(68,690)|
||||(84,129)|
||||(7,867)
153,967|
||||146,100|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 12.
The notes on pages 6 to 11 form an integral part of these financial statements. Page 4
## **Aston Pre-School (CIO)**
## **(Registration number: 1176057) Balance Sheet as at 31 August 2021**
|**Note**
**Current assets**
Cash at bank and in hand
10
**Creditors: Amounts falling due within one year**
11
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
**Total funds**
12|**2021**
**£**
161,217
(1,050)
160,167
160,167
160,167|**2020**
**£**
146,975
(875)|
|---|---|---|
|||146,100|
|||146,100|
|||146,100|
The financial statements on pages 4 to 11 were approved by the trustees, and authorised for issue on 1 June 2022 and signed on their behalf by:
......................................... Jemma Douglass Trustee
The notes on pages 6 to 11 form an integral part of these financial statements. Page 5
## **Aston Pre-School (CIO)**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with 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 (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Aston Pre-School (CIO) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Exemption from preparing a cash flow statement**
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## _**Donated services and facilities**_
Where services or facilities are provided to the charity as a donation that would normally be purchased from our suppliers, this benefit is included in the financial statements at it's fair value unless it's fair value cannot be realiably measured, then at the cost to the donor or the resale value of goods that are to be sold.
## _**Gift aid**_
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.
Page 6
## **Aston Pre-School (CIO)**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
## **Government grants**
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Fund structure**
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Page 7
## **Aston Pre-School (CIO)**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
## **2 Income from donations and legacies**
|Grants, including capital grants;
Government grants
Regular giving and capital donations
Donated services and facilities
Other income from donations and legacies
**Total for 2021**
**Total for 2020**|**Restricted**
**funds**
**£**
79,882
85
305
85
80,357
67,789|**Total**
**funds**
**£**
79,882
85
305
85|
|---|---|---|
|||80,357|
|||67,789|
## **3 Income from charitable activities**
## **4 Expenditure on charitable activities**
|**4**
**Expenditure on charitable activities**|||
|---|---|---|
|**Note**
Governance costs
**Total for 2021**
**Total for 2020**
**5**
**Other expenditure**
**Note**
Allocated support costs
**Total for 2021**
**Total for 2020**|**Restricted**
**funds**
**£**
12,376
1,050
13,426
15,439
**Restricted**
**funds**
**£**
70,174
70,174
68,690|**Total**
**funds**
**£**
12,376
1,050|
|||13,426|
|||15,439|
|||**Total**
**expenditure**
**£**
**Total**
**funds**
**£**
70,174|
|||70,174|
|||68,690|
Page 8
## **Aston Pre-School (CIO)**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
## **6 Analysis of governance and support costs**
## **Governance costs**
|Audit fees
Audit of the financial statements
**Total for 2021**
**Total for 2020**|**Restricted**
**funds**
**£**
1,050
1,050
875|**Total**
**funds**
**£**
1,050|
|---|---|---|
|||1,050|
|||875|
## **7 Trustees remuneration and expenses**
Trustees were reinbursed from the charity during the year.
## **8 Auditors' remuneration**
## **9 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **10 Cash and cash equivalents**
|Cash on hand
Cash at bank
**11 Creditors: amounts falling due within one year**
Accruals|**2021**
**£**
200
161,017
161,217
**2021**
**£**
1,050|**2020**
**£**
200
146,775|
|---|---|---|
|||146,975|
|||**2020**
**£**
875|
Page 9
## **Aston Pre-School (CIO)**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
## **12 Funds**
|**12 Funds**|||||
|---|---|---|---|---|
|**Restricted**
**Restricted**|**Balance at 1**
**September**
**2020**
**£**
146,975
**Balance at 1**
**September**
**2019**
**£**
153,967|**Incoming**
**resources**
**£**
96,792
**Incoming**
**resources**
**£**
76,262|**Resources**
**expended**
**£**
(83,600)
**Resources**
**expended**
**£**
(84,129)|**Balance at 31**
**August 2021**
**£**
160,167|
|||||**Balance at 31**
**August 2020**
**£**
146,100|
## **13 Analysis of net assets between funds**
|**13 Analysis of net assets between funds**|||
|---|---|---|
|Current assets
Current liabilities
Total net assets
Current assets
Current liabilities
Total net assets|**Restricted**
**funds**
**£**
161,217
(1,050)
160,167
**Restricted**
**funds**
**£**
146,975
(875)
146,100|**Total funds at**
**31 August**
**2021**
**£**
161,217
(1,050)|
|||160,167|
|||**Total funds at**
**31 August**
**2020**
**£**
146,975
(875)|
|||146,100|
Page 10
## **Aston Pre-School (CIO)**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
|**14 Analysis of net funds**
**At 1 September**
**2020**
**£**
Cash at bank and in hand
146,975
Net amount
146,975
Cash at bank and in hand
Net debt|**14 Analysis of net funds**
**At 1 September**
**2020**
**£**
Cash at bank and in hand
146,975
Net amount
146,975
Cash at bank and in hand
Net debt||**Cash flow**
**£**
-
-
**At 1**
**September**
**2019**
**£**
153,967
153,967|**At 31 August**
**2021**
**£**
146,975|
|---|---|---|---|---|
||146,975|||146,975|
|||||**At 31 August**
**2020**
**£**
153,967
153,967|
||||||
Page 11
## **Aston Pre-School (CIO)**
## **Statement of Financial Activities by fund for the Year Ended 31 August 2021**
|**Income and Endowments from:**
Donations and legacies
Charitable activities
Total income
**Expenditure on:**
Charitable activities
Other expenditure
Total expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Restricted**
**Funds**
**2021**
**£**
80,357
16,435
96,792
(13,426)
(70,174)
(83,600)
13,192
13,192
146,975
160,167|**Total**
**Restricted**
**Funds**
**2020**
**£**
67,789
8,473|
|---|---|---|
|||76,262|
|||(15,439)
(68,690)|
|||(84,129)|
|||(7,867)|
|||(7,867)
153,967|
|||146,100|
This page does not form part of the statutory financial statements. Page 12
## **Aston Pre-School (CIO)**
## **Detailed Statement of Financial Activities for the Year Ended 31 August 2021**
|**Income and Endowments from:**
Donations and legacies (analysed below)
Charitable activities (analysed below)
Total income
**Expenditure on:**
Charitable activities (analysed below)
Other expenditure (analysed below)
Total expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**2021**
**£**
80,357
16,435
96,792
(13,426)
(70,174)
(83,600)
13,192
13,192
146,975
160,167|**Total**
**2020**
**£**
67,789
8,473|
|---|---|---|
|||76,262|
|||(15,439)
(68,690)|
|||(84,129)|
|||(7,867)|
|||(7,867)
153,967|
|||146,100|
This page does not form part of the statutory financial statements. Page 13
## **Aston Pre-School (CIO)**
## **Detailed Statement of Financial Activities for the Year Ended 31 August 2021**
|**_Donations and legacies_**
Funding
Appeals and donations
Fundraising Events
Bank interest receivable
Uniform
Staff training
**_Charitable activities_**
Fees
**_Charitable activities_**
Hall Hire
Refreshments
Administration
Non Consumable supplies
Consumable supplies
Uniform costs
Fundraising/Outings/Parties
Accountancy fees
**_Other expenditure_**
Wages and salaries
College Courses
Insurance/ Licenses
Telephone and fax
Miscellaneous expenses|**Total**
**2021**
**£**
79,882
-
85
85
305
-
80,357
16,435
16,435
(7,147)
(220)
(2,737)
(710)
(672)
(890)
-
(1,050)
(13,426)
(66,594)
(805)
(909)
(327)
(1,539)
(70,174)|**Total**
**2020**
**£**
66,583
188
266
638
112
2|
|---|---|---|
|||67,789|
|||8,473|
|||8,473|
|||(7,262)
(716)
(4,275)
(868)
(634)
(756)
(53)
(875)|
|||(15,439)|
|||(66,443)
(438)
(891)
(318)
(600)|
|||(68,690)|
This page does not form part of the statutory financial statements. Page 14