Trustees’ Annual Report for the period
From 01/09/2023 Period start date To 31/08/2024 Period end date
Charity name: Sunshine Children’s Centre
Charity registration number: 1177008
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Sunshine Children’s Centre is run as a charity in order to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups by: |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
a) Offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability; b) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas; c) Instigating and adhering to and furthering the aims and objectives of the Pre-school Learning Alliance. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | As Trustees, we are confident that we have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Commission. |
Achievements and Performance
| SORP reference |
||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 |
Sunshine currently has 156 children on roll and employs 33 staff. The accounts for Sunshine Children’s Centre, charity number 1177008 for the period 01/08/2022 – 31/08/2023 show a loss of £25,579.00. This is due to reduced EYE funding, increased wage costs and also a larger capital expenditure. Capital reserves were spent on the following areas: Converting the tea room to a new playroom (Butterflies), fencing in the garden, replacing a heat exchange unit in preschool room, coracles (cots) and sleep mats in younger rooms. With the rise in utility bills, the increase to the minimum wage from April this year and the increasing costs of food and consumables we need to be careful with our finances this year. The government EYE funding has barely increased 3 years old funding from April 2024, meaning the gap between our hourly rate and what the Government fund is £2 per hour. 15 hours childcare for working families of 2 year olds is coming in this April which is great news for our families and the EYE rate is more comparable with our own hourly rate. We are looking forward to welcoming the Government’s childcare funding offer for children aged 9 months to 23 months in September this year. We have yet to hear the hourly rate for nurseries for this funding. Our voluntary charge for children with funding remains at £3 per session, this is to help with consumables and activities. Although we do not like asking parents for this we do feel that it represents good value and need it to keep the nursery running. We are monitoring the cash flow very closely on a weekly basis and have established budgets for spending. We will be keeping capital expenditure to a minimum this year. We have been making cost savings where possible to ensure that we remain as financially viable as possible and keep ahead of ourselves. We ask parents to ensure that they work with us by paying their fees promptly and in full. Our reputation for catering for children with additional needs continues to grow and we are also providing increasing levels of support to families in need, which makes us all very proud to be part of Sunshine. This does come at a high financial cost and we are constantly looking for ways to get more funding to support these areas as they are severely underfunded. |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 |
|
| Statement explaining the policy for holding reserves statingwhy they areheld |
Para 1.22 |
The Trustees have implemented a policy that will require the holding of three months running costs in reservesin linewithcurrent advisoryrequirements. |
| Amount of reserves held | Para 1.22 |
|
| Reasons for holding zero reserves |
Para 1.22 |
N/A |
| Details of fund materially in deficit |
Para 1.24 |
N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Structure, Governance and Management
| Description of charity’s **trusts: ** |
SORP reference |
|
|---|---|---|
| Type of governing document |
Para 1.25 | Constitution |
| How is the charity constituted? |
Para 1.25 | Charitable Incorporated Organisation. |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | 9. Charity Trustees (1) Functions and duties of charity trustees The charity trustees shall manage the affairs of the CIO and may for that purpose exercise all the powers of the CIO. It is the duty of each charity trustee: (a) to exercise his or her powers and to perform his or her functions in his or her capacity as a trustee of the CIO in the way he or she decides in good faith would be most likely to further the purposes of the CIO; and (b) To exercise, in the performance of those functions, such care and skill as is reasonable in the circumstances having regard in particular to: (i) Any special knowledge or experience that he or she has or holds himself or herself out as having; and, (ii) If he or she acts as a charity trustee of the CIO in the course of a business or profession, to any special knowledge or experience that it is reasonable to expect of a person acting in the course of that kind of business or profession. (2) Eligibility for trusteeship (a) Every charity trustee must be a natural person. (b) No individual may be appointed as a charity trustee of the CIO: - if he or she is under the age of 16 years; or - If he or she would automatically cease to hold office under the provisions of clause [12(1)(e)]. (c) No one is entitled to act as a charity trustee whether on appointment or on any re-appointment until he or she has expressly acknowledged,in whatever waythe charitytrustees decide,his or her |
| acceptance of the office of charity trustee. (d) At least one of the trustees of the CIO must be 18 years of age or over. If there is no trustee aged at least 18 years, the remaining trustees may only act to call a meeting of the charity trustees, or appoint a new charity trustee. (3) Number of charity trustees (a) There should be: Not less than 3 nor more than 7 appointed trustees. (b) There must be at least [three] charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee. (4) First charity trustees: The first charity trustees are as follows, and are appointed for the following terms – Marie Jackson – Chairperson [For 3 years] Emily Bennison – Secretary [For 2years] Kelly Stevenson – Treasurer [For 1 year] Debbie Willoughby – Trustee [For 1 year] 10. Appointment of charity trustees (1) Apart from the first charity trustees, every trustee must be appointed for a term of 1 year by a resolution passed at a properly convened meeting of the charity trustees. (2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. (3) In selecting individuals for appointment as appointed charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. |
||
|---|---|---|
Reference and Administrative details
| Charityname | Sunshine Children’s Centre |
|---|---|
| Other name the charity uses | |
| Registered charitynumber | 11177008 |
| Charity’s principal address | High Street Burgh Le Marsh Skegness Lincs PE245JS |
Names of the charity trustees who manage the charity
| 1 2 3 4 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Debbie Willoughby | Chair | 04/03/2023 | ||
| KellyStevenson | Treasurer | |||
| Tom Wardell | Secretary | 04/03/2023 | ||
| Lisa Broomfield | Member | 04/03/2023 |
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
Debbie Willoughby |
|
|---|---|---|
| Kelly Stevenson | ||
Chair |
Treasurer | |
Charity number. 1177CX)8 SurBhine Childrnn's Centre CIO UNAUDITED ACCOUNTS FOR THE YEAR ENDED 3110812024 Prèpared By: Greenhalgh Johnson Ltd AccntantS & Tax Advisers Elland H$6 22 High Street Burgh le Marsh Lincolnshiro PE24 5JT
Sunshlne Chtrldren's Centre CIO ACCOUNTS FOR THE YEAR ENDED 3110812024 CONTENTS Pag& Report of the Trustees Independent Examine8 Ststement Slalemenl ol Finanal ActNit$ 10 Balonce Sheet Notes to the Accounts 121015 Delailed Statement of Finanaal A¢bvrtie5 15 Page 2
Sunshine Childrèn's Centre CIO FINANCIAL STATEMENTS FOR THE YEAR ENDEO 3110812024 TRUSTEES Debbie Willoughby- Chair Thomas Wardenn- Se¢retsry Kelly Stevenson- TrwJJer Lisa Broomfield - Mèmber REGISTEREO OFFICE High Stretst Burgh Lè Marsh Skegness Lincolnshire PE24 5JS CHARITY NUMBER 1177W8 ACCOUNTANTS Greenhalgh Johnson Ltd Accounlanls & Tax Advisers Elland House 22 High Street 8urgh le Marsh Lincolnshire PE24 5JT pa9è 1
Sunshin• Children's Centre CIO
FOR THE YEAR ENDEO 3110812024
TRUSTEES. REPORT
PRINCIPAL ACTIWTIES
The trustees present their report and accounts for the year enfJs
Sunshinè Children's Centre CIO FOR THE YEAR ENDED 3110812024 FOR THE YEAR ENDED 3110812024 TRUSTEES. REPORT FINANCIAL REVIEW The charity ieported a profil of £24.682 the year tred 31 Augusl 202412023.. defiry"1 £25.5791. The truste¥s have Impbemented and are w01n9 towards a poly thai wll require the hc4ding ol three months running costs in ieseN&s in line with current advisory r8quiremenls. Reserves held at 31 August 2024 were £157,C6312023.. £132,381). STRUCTURE GOVERNANCE AND MANAGEMENT Sunshin¢ Childn,$ Centre is a chariiable incorporated organisalion 8nd was established by ¢onslittutron dated 5 February 2018.1118 8 re9i$ler&d ¢harity. number 1177008 The CIO was eslablishe<l and registered th th& Charity Comrnissi to lake over all of ihe a¢livibtrS and undtrrtskings of registered charity number 1094585 which has b¥¥rt I0811Y d08ed. Charlty Trust 111 Function8 and dulles of charity trustees The charity truslees shall manage the affairs of the CIO and may fw that purpose exercise all the powèrs ol the CIO. 11 is the duly ol each charity trustee". lal to exercise his or her pow8rs and lo pefvm his or her fUtIonS in his or her capaaty as a tru51ee ol the CIO In the way he or she decides in good faith would be most likely to further the purpJses of the CIO. and Ibl Tg exerose, in the wrfomance ol Ihose fundion8. care and sk¢ll a$ is reasonat in the ar¢um$¢ances having regard in partiCLlar to.. Ill Any spècial knowledge or experionce Ihat he or she ha$ ¢y himsell or hersetl out as having.. arhj, lill If he or she acts as a charity ¢ruslee of Ihe CIO in the Course ol a business or profession, to any special knowl9 or experience that It IS feasonable lo expect of a person actin9 In Ihe fAJurse of thal kind of business or profession. 121 Eligibilbty for trusteeship 181 Every charity Iruslee must be a natural Fer50n. Ibl No Ind¢vidual rnay be appointed a$ o tharity tnjstee of th& CIO.. if h$ or She 16 under the age 0116 years.. or - If he or she would automaticalty cease lo hold office LSnd&r Ihe provisions of dauso . page 4
Sunshine Children's Centre CK) FOR THE YEAR ENDED 3110812024 TRUSTEES, REPORT lel No one is entitled lo act as a thanty trustee whether rm apIntrnent or on any r¢-aFf)ointment until he or she has expressly acknowledged, in whatevef Way the tharity tnJste8s ¢lecide. hi5 or hef acceplance of the office ofcharity tNstee. Idl Al least one of the trustees of the CIO must bè 18 years of age or over. If there Is no trustee aged al least 18 years, the remaining trustees may only acl lo call a rnee'n9 ol the tharity trustees, or appoint a new thanty trustee. 131 Nurnber of charity twstees lal There should be". Not less than 3 nor MO than 7 appointed tnJstees. Ibl There musl be al least Ihiee tharity Ifustees. 11 the number falls below ihis minimum, Ihe iemainbng trustee or truslees may act only lo call a meeting of the Chanty trustees, or appoint a new charity twslee. 141 First charity trustees.. Th6 filst charity Irvslees are as fdlows, and are appointed forthè lollwirtg terms- Marie Jack$on- Chairperson Emily 8ennison- S8crelgry Kelly Sieven6on- Treasurer Debbie Wlloughby- Trtsslge During the year ther• were no reBignal*)ns from the Board of TnJste•s. 10. Appointment of tharity Iruslees 111 Apart trom the first charily Iruslees. every Iruslee mu$1 be apwnted lor a lem) 011 year by a resolution passed at a properfy convened me6ting of th¥ ¢h8rily trustees. 121 In selecting individuals for appointmeni as chanly Injstees, th& Charty twstees must have regard lo the skills, knowledge and experience needed for the •ffKlive adminislratKJn ol the CIO. 131 In selecting individuals for appointment as appointed charity Irustees. the ¢hanty trustees must have regard to Ihe skills, knowledg and experien¢e needed for the effectivtr administrabon ol the CIO. This reporl was approvad ty the Board of Trustees Debbie Willoughby Chasr page 5
Sunshing Children's Centre CIO INDEPENDENT EXAMINER'S STATEMENT FOR THE YEAR ENDED 3110812024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUNSHINE CHILDREN'S CENTRE CIO I report on the accounts ol the ¢harity for the year ended 31108r2024 . RESPECTIVE RESPONS181LITIES OF TRUSTEES AND EXAMINER The trustees are responsible for the preparation of the accounts In 1r{lance wth ihe Wuifements of th8 Charitses Act 2011. I repgrt in respect of my examination of the Trust's accounts Gaffled out under section 145 of the 2011 Act and in carrying out my examination, I have follow&d all the applicable Direcbons given by the Chanty Commission under section 1451Sllbl of th& Act. The chafily's gross inrne exceeded £250,OCQ and l am qualifigd to undertake the examination by bein9 a qualified member ofACCA. BASIS OF INDEPENDENT EXAMINERS STATEMENT I have compleled my examnalion. I CLJnfim that no material matters have come lo my atten1 in Connecti wilh the examination which gives me caus8 to believe Ihat in. any material respect.. - the accountrng r?rdS were not kept In accordance wilh sedion 130 of the Charities Ad. - th• a¢nts did not accord wrth the aoUntIng rerdS.. c the account5 did not ccfflply wlh the applicable i•quiomentS CLmcemin9 the fcffii and rA)nlent of accounts sel out in the Charities (Accounts and R&ports1 Regulations 2008 other Ihan any requi(ent that the coUnts gi a Iru& and f8irf view which is not a matter Considered as part of an independenl examinabon. INDEPENDENT EXAMINERS STATEMENT I have no concerns and have come across no other matters in ConlI0n Ihe examination to whi¢h atlenlTrot) $hoiJld be drawn in this report in order to &nable a proper understaftding of Ihe acLotsnts to be reached. Datè.. Greenhalgh Johnson Ltd Accountants & Tax Advisers Elland House 22 High Street Burgh le Marsh Lincolnshire PE24 5JT 017811500 P89e 6
Sunshinè Childn.9 Centrè Clo Statementof Financial Activits"es for thfr y•ar èndgd 3110812024 2024 2023 Unrestrietsd Re¥trTr¢ted fundb funds Total Tot41 Income In¢gme from generated fund$ Donalions and le98cie5 Income from Investments Income from charitable acts'vpts Total Income and endowm8nt• Exyn•e• Co815 of generating funds Expendtlure on Chariiable activiti&$ Total Expen$ N•t galn$ on Inve•tments Not Incomè 269.464 1,118 324,837 595,419 269,464 235,231 1.118 447 324,837 245.343 595,419 481,021 570.737 S70.737 570.737 506,600 570,737 6,600 24,682 24,682 125,57>) Gainsll1088•81 on rev•luatlon of fixèd •MMt• N•t movement in fund•= Net Income for the ytar Total funds brought forward Net funds carrlèd lorword 24.682 132,381 157.063 24.682 (25.5791 132.381 157.960 IS7,063 132.381 This statement of financial aclivrtie8 indudes all gains and losses rewnised In year. Al income and expenditure derivo from continuing activities page 7
Sunshin• Children'g Centre CIO BALANCE SHEET AT 3110812024 2024 2023 FIXED ASSETS Tangible assets gJ,485 .537 CURRENT ASSETS Debtors lamounls falling dug vAthin one yearl Cash al bank 8nd in hand 1.412 87. 190 88.602 5.808 111.749 113.049 5,837 CREDITORS.. Amtwnts falling due wlthln ono y•or NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIA8IUTIES 107,212 157.697 82. 794 733,331 CREDITORS.. Amounts falling due after mor* thon one yr 950 NET ASSETS 157.C63 132,381 CAPITAL AND RESERVES Unr¥8trlcted fund• Gen8ral lund 157.C63 157.C63 732,381 132.381 For the year ending 31108r2024 th& ccwnpany w85 enlilled to exempth under section 477 01 the Compan8 Acl 2006 relating to small companies. The members have not required lh& ¢ornpany lo obtain an audit Trn Xcordance wlh section 476 01 the Companies Act 20C6. The directors 8¢knowledge their responsibilities lor complying with the iequiremenls ol the Act wilh lo$p io accounting cOrdS and the preparation ol accounts. These accounts have been prepared in a¢¢ordan¢e with Ihe provisThi$ Wtable io companies subJe¢l lo Ihe small cornpanie& regime. Approved by th• board of tru•t••• on •nd •lgned on thr b•half ty Debbie Wlloughby Chair page 8
Sunshine Childrnn's C¢ntre C
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 3110812024
1. ACCOUNTING POLICIES
la. Ba818 Of Accounting
The charity is règistered as a CIO (Charitable 1nrJoJrated Or9anisalionl with Ihe Charity Commission for England and Wales Sunshine
Children's Centre Ineels the definition of a public benefrt entitry under FRS102 The accounts have been prepared under the historical cost
convention with Items reco9nised at cost or transaction value unless otherwise stated in the relevant notes lo Ihese accounts.
The accounts have been prepareil in accordance 1h the Statement ol Reu)mmended Practice. Ac¢ouniing and Reporting by Charilios
preparing their account5 in accordance with Ihe Financsal Reportsn9 Stsndard applicable in the UK and Republic of Ireland IFRS1021
leffedive 1 January 20191, the FinancAal Repo.n9 Standard applicable In the UK and Republic of Iland IFRS1021 and the Charits'es Act
2011.
1b. Incoming Re8oure
All incoming resources are in¢tuded on the Stalemenl of Financial ActNi15 vA)en ihe tharity is legalty enlrtled iothe income and the amounl
can be quantifie
Sunshine Childn.$ C•ntr CIO 1f. Fund Account5n9 Unrestricted funds can be used in acLordanc8 the charilae objecty.ves at the discjdion of the trustees. Restricted funds can only be used fof partiojlar iestricled purposes wthin the oblts of the charity. Rtrstri¢A¢ons arise when specified by the donor Of when funds are rafsed for particular $tried purposes. Oesign8te(J fvnds are funds sét a$e by the trustees wi of Lstric18d general ftmds lor tt specific future ptsrpose$ or proj'ecls. 19. Going Concom The financial statements have been prepared on J going con¢em bas. as the Trustees believe Ihal no material uncertainty exists. The Trustees have con&de¥ed Ihe level ol funds held and thè expected level of income and expenditufe lor 1ve months from authorising these financial slalernenls and consider thes¢ sufficEnt foi Ihe Charity to be able to contsnue a5 a going concern. 1h. Deproclaan Dtrpreuation has been provided al the Idlowng rates in order lo wiile off the assets ovef their estimated Uful lives. Short Leasehold Properties Fixtures and Fith'n96 reducing balan¢e 15Vo reducing balanc¥ 25% 11. P•nslon ct4 The charity operates a defined contributron pensKJn 8dwrt¢. The penston chafge represents the amounts payable by the charity to Ihe fund in respect ol the year. 15. Gov•mm•nt Grant• Government grants are recognised based on Ihe accrual nle1 and are mèa$ure(18t the fair value of Ihe asset received or receivable. Grants are ¢lassified as relating either lo revenue or lo assets Grants relaiing lo VenUe are re¢ognised in incorne over the period in which th rèlated c051s are iecognised. Grants relatin9 to 8&sels ale recognised over th& expgcled u6elul life ol th• a$sei. Where part ol 8 9rani relating to an asstrl Is delerred. it is ¢09n1$ed as deferred incorne 1kl. Flnanclal Guarnnt•¢• The charity only has finanoal assets and liats'lilies ola kind that qualify as basic finanaal in$truments, Basi¢ financial instruments are initially recognised al transaction value and subsequenlly measured ai thwr seltlemenl value page 10
Sunshine Child.$ Centre CIO 2. STAFF COSTS 2024 2023 Wages and $21arE5 Social Security Costs Pension Costs 438.945 19.825 755 465,525 395.891 15, 734 416.718 The average number ol persons employed by the charty during the yearwas No employees received •moluments of rn0 that £60.CW lor the year 33 32 2. PENSION CONTR18UTIONS 2024 2023 Pens¢on contributi$ 6.755 5,093 3. TAfrIGI8LE FIXED ASSETS Sl)ort L•¥whold FlxtureB and Fllling• T¢tsl Co•t At 0110912023 Additions Disposals AI 3110812024 Dèprnciati¢n At 0110912023 Disposals For the yèar AI 3110812024 Not Book Amounts At 31108r2024 AI 31108r2023 48.738 10,320 39,138 87.878 10.629 15.9891 92.516 15,9891 33.458 59.058 14,970 22,369 14.0351 4,318 22.652 37.339 14.0351 8.727 42,031 19,379 39,679 33 768 10.806 16.769 50.485 ).537 4. OEBTORS 2024 2023 Amounts falling due within onè year.. Other debtors 1,300 1,412 1.472 page11
Sunshin¢ Children's Centre CIO S. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Taxation and social sewrty Oth&r uedrtors 2.485 3,352 5.837 2,485 3,323 5,808 6. CREDITORS.. AMOUNTS FALLING OUE AFTER MORE THAN ONE YEAR 2024 2023 Other ¢re(Jil6 634 634 950 7. UNRESTRICTED FUNDS Brought Incomlng Outgolng f¢)rward resourc•s rn•oure*s C•rrbgd loard Trnn•f•rs Gen•ral fun<1 132.381 132.381 595.419 595.419 1570,7371 1570,7371 157.063 157,063 8. RESTRICTEO FUNDS Brought Incomlng Outgolng Transfern C•rrb fotrward 9. RELATED PARTY TRANSACTIONS There We no related party transactK)ns in the year. P8ge 12
Sunshine Childr•n's Centre CIO 10. TRUSTEES REMUNERATION AND EXPENSES None ol the Trustees have been paid any remuneration or TeceNed any Olhe¥ benefft from eTnployment with the charity in the current or previous year. No trustee expenses have bgen r•mbursed in Ihe current of prevK)u$ year. 11. GOVERNANCE COSTS 2024 2023 Inderéndenl Examinerfs remuwal Independent Examinerfs remuneration fof other swvi 810 1.2 page 13
Sunshine Children's Centre CIO Incoming Resourc for the year ended 3110812024 2024 2023 Incomlng r•$ouf¢eS Government- EYE Funding Government grant re capital expenditure Grants Donations 255.607 228,510 316 421 4,505 1,500 9.036 4,800 269 464 235 231 Int•r¢•t Income Playgroup Fees 1, 118 324,836 447 245.343 595,419 481,021 page 14
Sunshine Children's Centr• CIO for the ygar ended 31K8r2024 2024 2023 Expen8e8 Costs of generating funds Charrtsble Activiti Playgroup Purchases Direct expenses Advertisin9 Staff entertaining Water rattrs Heal and light Rent Cleaning Repairs and renewal$ Wages- regular NIC employer Iw8ges and 8alE4ies} Pension rDntnbu' Training Equipment rental Professional le8$ Insurance Stationery & office Suppkes Telephona Subscriptions Card chargés Bank charges Sundry expenses Depreualion of short1&gs&hold Deprec4ation of fixtures and frttin9$ LOBS on fixtures and fittings disposal 26.616 15.026 47 405 1.685 983 11,943 12.356 8,924 12.995 395,891 15, 134 5,093 7. 109 272 4,330 7.685 2,174 930 1.304 12.121 12,3 7.611 15.215 438.945 19.825 6,755 1,431 73 5,338 1,746 2,454 2,743 70 556 247 2,577 176 554 297 3,751 5.594 4,318 568,613 Gov•m•n¢e Co•t• Accountancy 2.124 2,124 2, 100 2,100 570,737 6,600
Charity number. 1177CX)8 SurBhine Childrnn's Centre CIO UNAUDITED ACCOUNTS FOR THE YEAR ENDED 3110812024 Prèpared By: Greenhalgh Johnson Ltd AccntantS & Tax Advisers Elland H$6 22 High Street Burgh le Marsh Lincolnshiro PE24 5JT
Sunshlne Chtrldren's Centre CIO ACCOUNTS FOR THE YEAR ENDED 3110812024 CONTENTS Pag& Report of the Trustees Independent Examine8 Ststement Slalemenl ol Finanal ActNit$ 10 Balonce Sheet Notes to the Accounts 121015 Delailed Statement of Finanaal A¢bvrtie5 15 Page 2
Sunshine Childrèn's Centre CIO FINANCIAL STATEMENTS FOR THE YEAR ENDEO 3110812024 TRUSTEES Debbie Willoughby- Chair Thomas Wardenn- Se¢retsry Kelly Stevenson- TrwJJer Lisa Broomfield - Mèmber REGISTEREO OFFICE High Stretst Burgh Lè Marsh Skegness Lincolnshire PE24 5JS CHARITY NUMBER 1177W8 ACCOUNTANTS Greenhalgh Johnson Ltd Accounlanls & Tax Advisers Elland House 22 High Street 8urgh le Marsh Lincolnshire PE24 5JT pa9è 1
Sunshin• Children's Centre CIO
FOR THE YEAR ENDEO 3110812024
TRUSTEES. REPORT
PRINCIPAL ACTIWTIES
The trustees present their report and accounts for the year enfJs
Sunshinè Children's Centre CIO FOR THE YEAR ENDED 3110812024 FOR THE YEAR ENDED 3110812024 TRUSTEES. REPORT FINANCIAL REVIEW The charity ieported a profil of £24.682 the year tred 31 Augusl 202412023.. defiry"1 £25.5791. The truste¥s have Impbemented and are w01n9 towards a poly thai wll require the hc4ding ol three months running costs in ieseN&s in line with current advisory r8quiremenls. Reserves held at 31 August 2024 were £157,C6312023.. £132,381). STRUCTURE GOVERNANCE AND MANAGEMENT Sunshin¢ Childn,$ Centre is a chariiable incorporated organisalion 8nd was established by ¢onslittutron dated 5 February 2018.1118 8 re9i$ler&d ¢harity. number 1177008 The CIO was eslablishe<l and registered th th& Charity Comrnissi to lake over all of ihe a¢livibtrS and undtrrtskings of registered charity number 1094585 which has b¥¥rt I0811Y d08ed. Charlty Trust 111 Function8 and dulles of charity trustees The charity truslees shall manage the affairs of the CIO and may fw that purpose exercise all the powèrs ol the CIO. 11 is the duly ol each charity trustee". lal to exercise his or her pow8rs and lo pefvm his or her fUtIonS in his or her capaaty as a tru51ee ol the CIO In the way he or she decides in good faith would be most likely to further the purpJses of the CIO. and Ibl Tg exerose, in the wrfomance ol Ihose fundion8. care and sk¢ll a$ is reasonat in the ar¢um$¢ances having regard in partiCLlar to.. Ill Any spècial knowledge or experionce Ihat he or she ha$ ¢y himsell or hersetl out as having.. arhj, lill If he or she acts as a charity ¢ruslee of Ihe CIO in the Course ol a business or profession, to any special knowl9 or experience that It IS feasonable lo expect of a person actin9 In Ihe fAJurse of thal kind of business or profession. 121 Eligibilbty for trusteeship 181 Every charity Iruslee must be a natural Fer50n. Ibl No Ind¢vidual rnay be appointed a$ o tharity tnjstee of th& CIO.. if h$ or She 16 under the age 0116 years.. or - If he or she would automaticalty cease lo hold office LSnd&r Ihe provisions of dauso . page 4
Sunshine Children's Centre CK) FOR THE YEAR ENDED 3110812024 TRUSTEES, REPORT lel No one is entitled lo act as a thanty trustee whether rm apIntrnent or on any r¢-aFf)ointment until he or she has expressly acknowledged, in whatevef Way the tharity tnJste8s ¢lecide. hi5 or hef acceplance of the office ofcharity tNstee. Idl Al least one of the trustees of the CIO must bè 18 years of age or over. If there Is no trustee aged al least 18 years, the remaining trustees may only acl lo call a rnee'n9 ol the tharity trustees, or appoint a new thanty trustee. 131 Nurnber of charity twstees lal There should be". Not less than 3 nor MO than 7 appointed tnJstees. Ibl There musl be al least Ihiee tharity Ifustees. 11 the number falls below ihis minimum, Ihe iemainbng trustee or truslees may act only lo call a meeting of the Chanty trustees, or appoint a new charity twslee. 141 First charity trustees.. Th6 filst charity Irvslees are as fdlows, and are appointed forthè lollwirtg terms- Marie Jack$on- Chairperson Emily 8ennison- S8crelgry Kelly Sieven6on- Treasurer Debbie Wlloughby- Trtsslge During the year ther• were no reBignal*)ns from the Board of TnJste•s. 10. Appointment of tharity Iruslees 111 Apart trom the first charily Iruslees. every Iruslee mu$1 be apwnted lor a lem) 011 year by a resolution passed at a properfy convened me6ting of th¥ ¢h8rily trustees. 121 In selecting individuals for appointmeni as chanly Injstees, th& Charty twstees must have regard lo the skills, knowledge and experience needed for the •ffKlive adminislratKJn ol the CIO. 131 In selecting individuals for appointment as appointed charity Irustees. the ¢hanty trustees must have regard to Ihe skills, knowledg and experien¢e needed for the effectivtr administrabon ol the CIO. This reporl was approvad ty the Board of Trustees Debbie Willoughby Chasr page 5
Sunshing Children's Centre CIO INDEPENDENT EXAMINER'S STATEMENT FOR THE YEAR ENDED 3110812024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUNSHINE CHILDREN'S CENTRE CIO I report on the accounts ol the ¢harity for the year ended 31108r2024 . RESPECTIVE RESPONS181LITIES OF TRUSTEES AND EXAMINER The trustees are responsible for the preparation of the accounts In 1r{lance wth ihe Wuifements of th8 Charitses Act 2011. I repgrt in respect of my examination of the Trust's accounts Gaffled out under section 145 of the 2011 Act and in carrying out my examination, I have follow&d all the applicable Direcbons given by the Chanty Commission under section 1451Sllbl of th& Act. The chafily's gross inrne exceeded £250,OCQ and l am qualifigd to undertake the examination by bein9 a qualified member ofACCA. BASIS OF INDEPENDENT EXAMINERS STATEMENT I have compleled my examnalion. I CLJnfim that no material matters have come lo my atten1 in Connecti wilh the examination which gives me caus8 to believe Ihat in. any material respect.. - the accountrng r?rdS were not kept In accordance wilh sedion 130 of the Charities Ad. - th• a¢nts did not accord wrth the aoUntIng rerdS.. c the account5 did not ccfflply wlh the applicable i•quiomentS CLmcemin9 the fcffii and rA)nlent of accounts sel out in the Charities (Accounts and R&ports1 Regulations 2008 other Ihan any requi(ent that the coUnts gi a Iru& and f8irf view which is not a matter Considered as part of an independenl examinabon. INDEPENDENT EXAMINERS STATEMENT I have no concerns and have come across no other matters in ConlI0n Ihe examination to whi¢h atlenlTrot) $hoiJld be drawn in this report in order to &nable a proper understaftding of Ihe acLotsnts to be reached. Datè.. Greenhalgh Johnson Ltd Accountants & Tax Advisers Elland House 22 High Street Burgh le Marsh Lincolnshire PE24 5JT 017811500 P89e 6
Sunshinè Childn.9 Centrè Clo Statementof Financial Activits"es for thfr y•ar èndgd 3110812024 2024 2023 Unrestrietsd Re¥trTr¢ted fundb funds Total Tot41 Income In¢gme from generated fund$ Donalions and le98cie5 Income from Investments Income from charitable acts'vpts Total Income and endowm8nt• Exyn•e• Co815 of generating funds Expendtlure on Chariiable activiti&$ Total Expen$ N•t galn$ on Inve•tments Not Incomè 269.464 1,118 324,837 595,419 269,464 235,231 1.118 447 324,837 245.343 595,419 481,021 570.737 S70.737 570.737 506,600 570,737 6,600 24,682 24,682 125,57>) Gainsll1088•81 on rev•luatlon of fixèd •MMt• N•t movement in fund•= Net Income for the ytar Total funds brought forward Net funds carrlèd lorword 24.682 132,381 157.063 24.682 (25.5791 132.381 157.960 IS7,063 132.381 This statement of financial aclivrtie8 indudes all gains and losses rewnised In year. Al income and expenditure derivo from continuing activities page 7
Sunshin• Children'g Centre CIO BALANCE SHEET AT 3110812024 2024 2023 FIXED ASSETS Tangible assets gJ,485 .537 CURRENT ASSETS Debtors lamounls falling dug vAthin one yearl Cash al bank 8nd in hand 1.412 87. 190 88.602 5.808 111.749 113.049 5,837 CREDITORS.. Amtwnts falling due wlthln ono y•or NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIA8IUTIES 107,212 157.697 82. 794 733,331 CREDITORS.. Amounts falling due after mor* thon one yr 950 NET ASSETS 157.C63 132,381 CAPITAL AND RESERVES Unr¥8trlcted fund• Gen8ral lund 157.C63 157.C63 732,381 132.381 For the year ending 31108r2024 th& ccwnpany w85 enlilled to exempth under section 477 01 the Compan8 Acl 2006 relating to small companies. The members have not required lh& ¢ornpany lo obtain an audit Trn Xcordance wlh section 476 01 the Companies Act 20C6. The directors 8¢knowledge their responsibilities lor complying with the iequiremenls ol the Act wilh lo$p io accounting cOrdS and the preparation ol accounts. These accounts have been prepared in a¢¢ordan¢e with Ihe provisThi$ Wtable io companies subJe¢l lo Ihe small cornpanie& regime. Approved by th• board of tru•t••• on •nd •lgned on thr b•half ty Debbie Wlloughby Chair page 8
Sunshine Childrnn's C¢ntre C
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 3110812024
1. ACCOUNTING POLICIES
la. Ba818 Of Accounting
The charity is règistered as a CIO (Charitable 1nrJoJrated Or9anisalionl with Ihe Charity Commission for England and Wales Sunshine
Children's Centre Ineels the definition of a public benefrt entitry under FRS102 The accounts have been prepared under the historical cost
convention with Items reco9nised at cost or transaction value unless otherwise stated in the relevant notes lo Ihese accounts.
The accounts have been prepareil in accordance 1h the Statement ol Reu)mmended Practice. Ac¢ouniing and Reporting by Charilios
preparing their account5 in accordance with Ihe Financsal Reportsn9 Stsndard applicable in the UK and Republic of Ireland IFRS1021
leffedive 1 January 20191, the FinancAal Repo.n9 Standard applicable In the UK and Republic of Iland IFRS1021 and the Charits'es Act
2011.
1b. Incoming Re8oure
All incoming resources are in¢tuded on the Stalemenl of Financial ActNi15 vA)en ihe tharity is legalty enlrtled iothe income and the amounl
can be quantifie
Sunshine Childn.$ C•ntr CIO 1f. Fund Account5n9 Unrestricted funds can be used in acLordanc8 the charilae objecty.ves at the discjdion of the trustees. Restricted funds can only be used fof partiojlar iestricled purposes wthin the oblts of the charity. Rtrstri¢A¢ons arise when specified by the donor Of when funds are rafsed for particular $tried purposes. Oesign8te(J fvnds are funds sét a$e by the trustees wi of Lstric18d general ftmds lor tt specific future ptsrpose$ or proj'ecls. 19. Going Concom The financial statements have been prepared on J going con¢em bas. as the Trustees believe Ihal no material uncertainty exists. The Trustees have con&de¥ed Ihe level ol funds held and thè expected level of income and expenditufe lor 1ve months from authorising these financial slalernenls and consider thes¢ sufficEnt foi Ihe Charity to be able to contsnue a5 a going concern. 1h. Deproclaan Dtrpreuation has been provided al the Idlowng rates in order lo wiile off the assets ovef their estimated Uful lives. Short Leasehold Properties Fixtures and Fith'n96 reducing balan¢e 15Vo reducing balanc¥ 25% 11. P•nslon ct4 The charity operates a defined contributron pensKJn 8dwrt¢. The penston chafge represents the amounts payable by the charity to Ihe fund in respect ol the year. 15. Gov•mm•nt Grant• Government grants are recognised based on Ihe accrual nle1 and are mèa$ure(18t the fair value of Ihe asset received or receivable. Grants are ¢lassified as relating either lo revenue or lo assets Grants relaiing lo VenUe are re¢ognised in incorne over the period in which th rèlated c051s are iecognised. Grants relatin9 to 8&sels ale recognised over th& expgcled u6elul life ol th• a$sei. Where part ol 8 9rani relating to an asstrl Is delerred. it is ¢09n1$ed as deferred incorne 1kl. Flnanclal Guarnnt•¢• The charity only has finanoal assets and liats'lilies ola kind that qualify as basic finanaal in$truments, Basi¢ financial instruments are initially recognised al transaction value and subsequenlly measured ai thwr seltlemenl value page 10
Sunshine Child.$ Centre CIO 2. STAFF COSTS 2024 2023 Wages and $21arE5 Social Security Costs Pension Costs 438.945 19.825 755 465,525 395.891 15, 734 416.718 The average number ol persons employed by the charty during the yearwas No employees received •moluments of rn0 that £60.CW lor the year 33 32 2. PENSION CONTR18UTIONS 2024 2023 Pens¢on contributi$ 6.755 5,093 3. TAfrIGI8LE FIXED ASSETS Sl)ort L•¥whold FlxtureB and Fllling• T¢tsl Co•t At 0110912023 Additions Disposals AI 3110812024 Dèprnciati¢n At 0110912023 Disposals For the yèar AI 3110812024 Not Book Amounts At 31108r2024 AI 31108r2023 48.738 10,320 39,138 87.878 10.629 15.9891 92.516 15,9891 33.458 59.058 14,970 22,369 14.0351 4,318 22.652 37.339 14.0351 8.727 42,031 19,379 39,679 33 768 10.806 16.769 50.485 ).537 4. OEBTORS 2024 2023 Amounts falling due within onè year.. Other debtors 1,300 1,412 1.472 page11
Sunshin¢ Children's Centre CIO S. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Taxation and social sewrty Oth&r uedrtors 2.485 3,352 5.837 2,485 3,323 5,808 6. CREDITORS.. AMOUNTS FALLING OUE AFTER MORE THAN ONE YEAR 2024 2023 Other ¢re(Jil6 634 634 950 7. UNRESTRICTED FUNDS Brought Incomlng Outgolng f¢)rward resourc•s rn•oure*s C•rrbgd loard Trnn•f•rs Gen•ral fun<1 132.381 132.381 595.419 595.419 1570,7371 1570,7371 157.063 157,063 8. RESTRICTEO FUNDS Brought Incomlng Outgolng Transfern C•rrb fotrward 9. RELATED PARTY TRANSACTIONS There We no related party transactK)ns in the year. P8ge 12
Sunshine Childr•n's Centre CIO 10. TRUSTEES REMUNERATION AND EXPENSES None ol the Trustees have been paid any remuneration or TeceNed any Olhe¥ benefft from eTnployment with the charity in the current or previous year. No trustee expenses have bgen r•mbursed in Ihe current of prevK)u$ year. 11. GOVERNANCE COSTS 2024 2023 Inderéndenl Examinerfs remuwal Independent Examinerfs remuneration fof other swvi 810 1.2 page 13
Sunshine Children's Centre CIO Incoming Resourc for the year ended 3110812024 2024 2023 Incomlng r•$ouf¢eS Government- EYE Funding Government grant re capital expenditure Grants Donations 255.607 228,510 316 421 4,505 1,500 9.036 4,800 269 464 235 231 Int•r¢•t Income Playgroup Fees 1, 118 324,836 447 245.343 595,419 481,021 page 14
Sunshine Children's Centr• CIO for the ygar ended 31K8r2024 2024 2023 Expen8e8 Costs of generating funds Charrtsble Activiti Playgroup Purchases Direct expenses Advertisin9 Staff entertaining Water rattrs Heal and light Rent Cleaning Repairs and renewal$ Wages- regular NIC employer Iw8ges and 8alE4ies} Pension rDntnbu' Training Equipment rental Professional le8$ Insurance Stationery & office Suppkes Telephona Subscriptions Card chargés Bank charges Sundry expenses Depreualion of short1&gs&hold Deprec4ation of fixtures and frttin9$ LOBS on fixtures and fittings disposal 26.616 15.026 47 405 1.685 983 11,943 12.356 8,924 12.995 395,891 15, 134 5,093 7. 109 272 4,330 7.685 2,174 930 1.304 12.121 12,3 7.611 15.215 438.945 19.825 6,755 1,431 73 5,338 1,746 2,454 2,743 70 556 247 2,577 176 554 297 3,751 5.594 4,318 568,613 Gov•m•n¢e Co•t• Accountancy 2.124 2,124 2, 100 2,100 570,737 6,600