REGISTERED CHARITY NUMBER.. 1176959 rt of h8 Tr stLALd e¥ Fln me 1Ju
Branston Ll e Pickles Pre ¢hool ontents of the F anclal Stat6m f rthey ar Ended 31 Ju 202 Pagè Report of the Trustees Independent Examlnevs Report Stalomont of Flnanclal Actlvitles Balance Sheet Notes lo th8 Flnanclal Statsments Dotslled Statement of Flnan¢lal Actlvltlas 9 to 15 16 10 17
Bran ton Little Plck ort of the Truste eye Ende UI 2024 for The trustees who are also directors of the charity for the purposes of the Companies Act 2, present their report with the financial statements of the charity for the year ended 31 July 2024. The trustees have adopted the provislons of Accounting and Reporbng by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wllh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Page 1
ran ton Llttje PIC re School Re for the Year of the Trustee Jul 2024 OBJECTIVES AND ACTIVITIES Obje¢tives and alms The Iruslees have carefully considered the Charrty Commission's guidan on Publlc Benefft when establishing the aims and objectives. The charity provides a nurturing 'hom8 from home" learning environment for all children who attend Branston Little Pickles Pre School. We continuously develop our teaching environment and implement a variety of methodologies to achieve this. Central to our preschool's ethos 18 th8 curiosity approach. which Inspires our currlculum and play aclivilies. Additionally, we offer wrap around care for children att8nding Branston C of E Infant Academy and Branslon Junior Academy, providing before and after school services across both sites. Our aim is to create an indusive environment where every child feels a sense of belonging during thelr lime with us. Th8 trustees continue to priorilise staff well-being and professional development. We invest in our staff, leading lo sev8ral team members acquiring quallfi¢alions relevant to their int8rests and beneficial both for the chlldr6n and the organlsatS0n. Our team continues lo grow and has a strong bond which enables us to provide an 8rn8zing service to all chlldr&n in our care. ACHIEVEMENT AND Developments The past year has been v6ry busy, one whlch flew byl We have gone from strength to strength and have attained many amazing achievements. This has been madg possible thanks lo the dedication of our staff and trust8, wlthout whom, Plckles would b9 a very different place. ThSs year at Little PSckles Preschool has been a year of growth, leaming, and connectlon. We ar8 excited lo share our accomplishments, reflect on our journey, and outline our goals for th8 future. At Little Pickles Preschool, our misslon is to create a nurturing, safe, and sllmulating environment where young children can grow emotionally, socially. and intellectually. We strive to encourage ¢urlosity, foster creativity, and promot6 kindness and r&spect In every aspe¢l of our daily activities. Our dedicated team works hard to ensure Ihal each child receives the attenllon, encouragement, and support they need lo develop a strong foundation for lifelong leaming. Big Pickles Before and After School Club has continued lo grow and spaces remain in demand. We contlnue to work in a unified approach across both siles. Resources continue to be invested in, ensuring they are age4ppropriate for each site. This investment is largely guid6d by the children's Interests. We continue to follow the School Food Standards Agéncy lo ensure that tho chlldren receive healthy snacks throughout the school day. Our staff continued to pursue various qualifications, online and in-house training. To enhance our facilities, staff and trustees dedicated Iheir lime during holidays lo come in and complete projects both in the classroom and outdoors. The past e1Ve months have been relatively setued, and we have achieved many of the goals we set. Thank you to our exceptional team of staff and trustees. W8 have remalned committed to providing the best possible service. Page 2
ston Llttle Pickle Pre School of the Trust ndod 1 Jul 2024 Our committee continued to make cautious decisions to maintain the financial stability of th8 charity- We have recovered the funds depleted by the pandemic and are pleased with the financial reserves we have in pla. We &xercise prudence in our spending and priorilise inillatives aimed at strengthening and promoting our seNices. for the Year The committee would lik8 10 8xtend our appreclalion to all the stsff for their unwaverlng dedlcalion to the children, famllies. and carers whose support has been invaluable throughout the year. Signlficant a¢tlvitlès Charltable actlvitles Getting back to regular fundraising has been one of our main aims. We held a number of fundraisers across the year al the preschool slay and play events and Junior Academy Christmas fair. Fundraising is now a regular occurrence al our preschool 8vents, and we have held a couple of discos which have been a masslve Suc$5. Flnanclal revlew Reservos poIi¢y We operate within a budget that has been agreed upon by our managers and Iruslees, ensurlng careful oversight of our expenses, particularly Considering rislng costs in the food and energy S8clors. Any significant expenditures oulslde the approved budget ar8 subject lo thorough review by the committee, 8n$tJrfng prudent financlal management. As a result of these measurès, we havé maintained a positlV8 financial posllion and have successfully rebullt our ServeS. The trustees hav@ assessed and set the reseNes amount al £35.0(M). Thls figure was detemilned after Caful consideration, including infomiation gathered from various sources, The reserves are designated to cover key areas. including maintaining hoalth and safety standards, stsff redundancy osls, six months, rent, and all operational bills for a six-monlh period, as well as providing for any unforeseen circumstances. Regular financial discussions are held during our monthly commlttee meetings, whlch allow us to exercise prudent ov8rsight and safeguard the charlly's financial health. Wrth ongoing fundralslng efforts and a dedicated trustee overseeing these initialivos, wè are confident in our ability to maintain a stable financial posltion movlng forward. STRUCTURE, GOVERNANCE AND MANAGEMENT Govèrnlng do¢ument The charity is controlled by its goveming document and constitutes a Charitable Incorporated Organisalion {ClO). Recruitment and appolntment of new trustees The Injstees have seNed as slated on page 4. Trustees are selected for thelr willlngness to help the charity and for the skills and knowledge they have of p8rticular benefit to the Charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 1176959 {England and Wales) Reglstar8d Charlty number 1176959 Page 3
Bran ton Lltt Plckles Pre School Re ort f th Trustees he Y Ende for Registered office Clo Branslon C of E Infant School Beech Road Branslon LINCOLN Lincolnshire LN4 1PR Trustees Mrs A Parsons D M Negus (resigned 30.9.23} Mrs H Murphy (resigned 15.3.25} Mrs E Mann Mrs S Re9ves Mr D Skuse (resigned 1.3.24) Mr J P Stacey (reslgned 1.9.231 M Lound Chairperson (appointed 15.5.241 K Taylor Trustee lappoinlgd 27.6.24) M Margrett (appointed 28.11.23} Indep•ndent Examlner Nicholsons Chartered Accountants Newland House The Polnt Weaver Road LINCOLN Lincolnshire LN6 3QN BankaTS CAF Bank Lld 25 Kings Hill Avenue WEST MALLING ME194JQ Approved by order of the board of trustees on behalf by.. and slgned on its M Lound - Trusteè Page 4
Ind ndent Examinerf Re Branston Ltttle Pj ort to th Tru les Pre School tees of Indepondenl examiner's report to the trustees of Branston Llttle Pickles Pre School ftho Company,) I report lo the charity trustees on my examlnation of the accounts of the Company for the year ended 31 July 2024. Responsibilltles and basls of report As the charity's trustees of the Company land also its directors for the purp0s6s of company lawl you are responsible for the preparation of the accounts in accordance wlth the requirem8nts of the Companles Act 20061'lhe 2006 Act,). Having satisfied myself that Ihe accounts of the Comp8ny are not required to be audltèd under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your challty's accounts as carried out under Section 145 of the Charities Act 2011 {'the 2011 AGVI. In carrying out my examination I hav8 followed tho Directions glven by the Charity Commission under Section 14515) Ib} of the 2011 Act. Independent èxamSner's ststernent I have completed my examination. I confirm that no matters hav8 come to my attenUorTr In conn8¢tion with the examination giving me cause to believe.. accounting records were not kept In respect of the Company as required by Section 386 of the 2006 Act,. or the accounts do not accord with those records,. or Ihe accounts do not comply with the accounting requlremonts of Section 396 of th8 2006 Act other than any requirement thal the accounts give a true and fair view 1¢h is not a matter considered as part of an independent exarnination,. or the accounts have not been pr8P8red In accordance wlth the methods and prlnciples of th6 Statement of Recommended Practice for accounting and reporting by charities lapplicabl& lo charities preparing their accounts in accordanco with the Financlal Reportlng Stsndard applicable in the UK and Republic of Ireland IFRS 1021). I have no Concerns and have come across no other matters in connection with the examination to which attentlon should be drawn In this report in order lo enabl8 a proper understanding of the accounts lo be reached. Joann8 Brown Nicholsons Ch8rtered Accounlanls Newland House The Point Weaver Road LINCOLN Lincolnshire LN6 3QN Date.. Page 5
ston Little Plckl P School tement of Financlal ActivitiR orth Year End 2024 UnrestriGted fund 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 119 957 Charitable actlvlties Playgroup 224.170 198,522 Olh&r trading activitles Investment incom8 Other income 1,282 74 204 1,829 41 (3411 Total 225,849 201,008 EXPENDITURE ON Charltable actlvltles Playgroup 211,794 190,413 NET INCOME 14,055 10,595 RECONCILIATION OF FUNDS Totsl funds brought forward 43,290 32,695 TOTAL FUNDS CARRIED FORWARD 57,345 43,290 The notes fom) part of these financial statements Page 6
anston Ltttle Plckle Chool Balance She 31Jul 2 2024 Unrestricted fund 2023 Total funds Notes FIXED ASSETS Tangible assets 7,590 CURRENT ASSETS Debtors Cash al bank and in hand 2.578 49,566 4,558 31,730 52,144 36,288 CREDITORS Amounts falllng due within onè year 10 (2,389) 12,007) NET CURRENT ASSETS 49.755 34,281 TOTAL ASSETS LESS CURRENT UABILITIES 57,345 43.290 NET ASSETS 57.345 43,290 FUNDS Unrestricted funds 57,345 43,290 TOTAL FUNDS 57,345 43,290 Th& charltable company Is enfjlled to exemption from audit under Sectlon 477 of the Companies Act 2006 forthe year ended 31 Juty 2024. The members have not required the ¢ompany to obtain 8n audit of its financial slalements for the year ended 31 July 2024 in accordanc8 with SectSon 476 of the Companles Act 2006. The trustees acknowledge Ihelr responsibilities for lal ensuring Ihal the charitable company keeps accounting records that comply with Sections 386 and 387 of the Comp3nies Act 2006 and Ibl preparing financial statements which give a true and fair view of the stste of affairs of the charitable company as at the end of each financial year and of ils surplus or deficit for each financial year in accordance wlth the requlrements of Sections 394 and 395 and whlth otherwise comply with the roquirements of the Companies Act 2006 relating to financial statements, so far as applicable lo the chartiable company. The notes fom part of these financial slatemenls Pag8 7 continued...
8ranston Ll lePi re School lan e Shèet- continu 1 Jul 202 These financial statements have been prepared in accordance wth the provisions applicabl8 to charitable companies subject to the small companies regime. The financlal slalements were approv6d by the Board of Trustees and aulhorised for issue on and were signed on its behalf by: M Lound - Trustee The notes form part of these financial slalemenls Page 8
nsto ittle Pl¢kl s P School f rthey ar Ended 31 Ju 2024 ACCOUNTING POLICIES Basis of proparing the financial slatemonts The financial slatements of the charitsble company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 102} 'Accounting and Reporting by Charities.. Statem8nt of Recommended Practice applicable to charftlos preparing th8ir accounts in accordance with Ihe Financial Reportlng Slandard applicable in the UK and Republic of Ireland (FRS 102} (8ff8Ctive 1 January 2019)., Financial Reporting Standard 102 The Financial Reporting Slandard applicable in the UK and R8public of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is r8cognised in the Ststement of Financial Activities once the charity has entiUem8nl lo the funds, It is probable that the income will be received and the amount can be measured r6liably. Govérnment grants Government grants which have been accounted for under th8 performance model are recognised when il is reasonable to expect that the grants will be received and that all related conditions will be mel. Expondlture Liabilitl8s are recognised as expenditure as soon as ther6 15 a legal or conslrucllve obllgalion commltting thè charity lo that expenditure, It Is probable that a transfer of economlc benefits will be required in settlement and the amount of the obligation can be measured rellably. Expenditure Is accounted for on an accrua18 basis and has been classified under headings that ag9regale all cost related to the category. Where Costs cannol be directly attributed to partlcular headings they have been allocated lo activities on a basis consistent with the u88 of resources. Tanglble flxed assets Deprecialion is provlded at the followlng annual rates in order to write off each assét over ils eslimaled useful lif8. Fixtures and fitting5 Computer equipment 1 59/0 on reducing balance 339/D on cost Taxatlon Th& charity is exempt from corporation lax on its charitable activities. Fund accountlng Unrestricted funds can b8 used In accordance with the charitable objeclNes al Ihe discretion of the trustees. Restrtcted funds can be used for parbcular restricted purposes within the objects of the charity. Restrictions arise when specified by tho donor or when funds are raised for particular restricted purposes. Hlre purchase and teaslng commitments Rentals paid under operating leases are charged to the Slatement of Finanryal Activities on a straight line basis over the period of the lease. Page 9 continued...
Branston L1tt19 Pi es Pre Sch ol Notes the Financi r the Year Ended 1Jul 20 ACCOUNTING POLICIES - contlnued Flnan¢ial instruments Only basic financial instmmenls as defined in FRS 102 are held. Flnancial assets and financial liabilities are recognised In the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows-. Finanaal assets Irdde and other debtors arè basic financial instruments and are debt instruments measured at amorb'sed cost. Prepayments are not financial inslrumenls. Cash al bank is classified as a basic financial instrument and is measured at transaction prfce. Financlal 1Sabilities tr8de credltors. accruals and other creditors are baslc financlal instruments, and are measured at amortised cost. Where a financi81 liability constitutes a financing transaction it is initially and subsequ8ntly rneasur8d al the present value of future payments, dlscounted at a market rate of inlerest. Valu• Added Tax Valu8 Added Tax is not recoverable by the charlty and as such is included in thè relevant costs In the Statement of finandal Activllles. OTHER TRADING ACTivrriES 2024 2023 Fundraising events 1,282 1,829 INVESTMENT INCOME 2024 2023 Deposit acwunl interest 74 41 NET INCOMEI{EXPENDITURE) Nèt inme/(expendiIure} is stated after ChargIn(creditngl'. 2024 2023 Depreciation - owned ass8ls Other operating leases 1,419 10,154 1,850 9,292 Page 10 continued...
ston Little Pickl Pre Scho es to the Financlal Statements - ontinued f r the Year Ende Ju 2024 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneratlon or other benefits for the yèar ended 31 July 2024 nor for the year ended 31 July 2023. Trustees. expense5 There were no trustees. expenses paid for the year ended 31 July 2024 nor for the year ended 31 July 2023. STAFF COSTS 2024 2023 Wages and sa18ries other pension costs 161.720 2,381 145.221 2.108 164,101 147,329 Th6 average monthly number of employees during th6 year was as follows: Full timè P8rt time 2024 2023 17 15 18 16 No émployeés received amoluments In excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacles 957 Charltablo actlvltSes Playgroup 198,522 Other trading activities Investment income Other income 1,829 41 1341) Total 201.008 EXPENDITURE ON Charltabl8 activities Playgroup 190,413 NET INCOME 10.595 Page11 continued...
Branston Little Plckl Pre School Note5 to Fl forthe Ye nclal Statement5 . conInUed r Ended Jul 202 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted fund RECONCILIATION OF FUNDS Total funds brought fOard 32.695 TOTAL FUNDS CARRIED FORWARD 43,290 TANGIBLE FIXED ASSETS Fixtures and fittSngs Computer equipment Totals COST At 1 August 2023 and 31 July 2024 13,564 1,696 15,260 DEPRECIATION Al 1 August 2023 Chargè for year 4,635 1,339 1,616 80 6,251 1,419 At 31 July 2024 5,974 1,696 7,670 NET BOOK VALUE At 31 July 2024 7.590 7,590 Al 31 July 2023 8,929 80 9,009 DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Trade debtors Prepayments and accrued in¢ome 1.658 920 3,605 953 2.578 4,558 Page 12 continued...
Brans on Little Pickle Pre School Not tot e Flnancial Sta r the Year Ended 10. CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Soclal securty and other taxes Accrued expenses 814 1.575 507 1,500 2,389 2,007 11. MOVEMENT IN FUNDS Nel movement in funds Al 31.7.24 Al 1.8.23 Unrestrlcted funds General fund 43,290 14,055 57,345 TOTAL FUNDS 43,290 14,055 57,345 Nel movement in nds, In¢lud8d in the above are as follows.. Incoming Resources Movement re50urGes expended in funds Unrestrlctod funds General fund 225.849 (211,7941 14,055 TOTAL FUNDS 225,849 (211,794) 14,055 Comparallves for mov•ment In funds Net movement In funds At 31.7.23 At 1.8.22 Unrestrictsd funds General fund 32.695 10,595 43,290 TOTAL FUNDS 32,695 10.595 43.290 Page 13 continued...
nston Little Pickles Pre chool Notes to the Financlal Statements - contiued for th Year Ended 31 11. MOVEMENT IN FUNDS - contlnued Comparative net movement In funds, included In the above are as follows.. Incoming r8sources Resources Movement expended in funds Unrestrlcted funds General fund 201,008 (190,413 } 10,595 TOTAL FUNDS 201,008 (190,4131 10,595 A current year 12 months and prior year 12 months comblned position is as follows- Net movement in funds Al 31.7.24 At 1.8.22 Unrestrl¢ted funds General fund 32.695 24,650 57,345 TOTAL FUNDS 32,695 24,650 57.345 A current year 12 months and prior year 12 months combined nel movement In funds. Included in the abov& are as follows: Incoming Resourcos Movement resources expended in funds UnrestYlct8d funds General fund 426,857 (402.207) 24,650 TOTAL FUNDS 426,857 1402,2071 24,650 Page 14 continued...
Branston Little P ¢kles Pre School Note he Flnanclal S - continued for the Year nded 31 Jul 2024 12. RELATED PARTY DISCLOSURES There were no related paty transactions for the year end6d 31 July 2024 nor for the year ended 31 July 2023. Pagg 15
Brans n Little Pic es Pre School ail d Statement of FInancI Ivrtigs f the Year En d31J 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and legacles Donations 119 957 Other tradlng actlvlties Fundraising evènts 1.282 1,829 Investment Income Deposit account inter881 74 41 Charltable a¢tlvitl05 Playgroup fees LCC fundlng 121.206 102,964 114,862 83,660 224,170 198,522 Other In¢ome Childrens uniforms Other revenue {456> 660 1341) 204 13411 Total Incomlng resourc05 225,849 201,008 EXPENDITURE Charltsblé a¢tlvltles Wages Penslons Rent & Light & heat Children's milk and provisions Toys, equipm8nls and consumabl 161.720 2,381 10,154 4,879 4,834 145,221 2,108 9,292 4,054 6,366 183,968 167,041 Support Costs Management Insurance Tglephone Posta9e and stationery Sundries Staff training Carried foNard 1,123 1,330 1,212 11,024 877 15,566 1,012 1,192 3,926 7,589 416 14.135 This page does not fom) part of th8 ststutory financial statements Page 16
Bran l& Pickles P e School for e Year En ed31 UI 2024 2024 2023 Management Brought fOard Repairs and rènewals Subscriptlons IT costs Bad debts 15,566 3,145 446 3,125 130 14,135 1,195 637 2,951 22,412 18,912 Finance Bank charges Fixtures and fittings Computer equipment 60 1,339 81 61 1,576 274 1,480 1,911 Govemanca costs Accountancy and legal fees Total resources expend&d Net Incomo 3,934 2,549 211,794 190,413 14,055 10,595 This page does not form part of the statutory financial statements Page 17