Scalliwags Pre-School Charity Number: 1179340
Trustee Report and Unaudited Accounts
for the year ended 5 September 2023
## **Scalliwags Pre-school CIO**
St Andrew‛s Youth Hall, St Andrew‛s Recreation Ground, Paddock Wood, Kent, TN12 6HT The Village Hall, Bush Road, East Peckham, Kent, TN12 5LL Registered Charity No. 1179340 Ofsted Registration Nos. 2515454 and 2686577
Scalliwags Pre-School CIO
## Table of Contents
Table of Contents ................................................................................................................ 1 Annual Report .................................................................................................................. 2,3 Statement of Financial Activities………………………………………………………….4 Balance Sheet ...................................................................................................................... 5 Notes to the Accounts ................................................................................................... 6,7,8 Independent Examiner’s Report to the Trustees ................................................................. 9
Page 1
Scalliwags Pre-School CIO
## **Annual Report**
For the year ended 05 September 2023
Scalliwags Pre-School CIO of St Andrew’s Youth Hall, Paddock Wood, Tonbridge, Kent is a registered charity, number 1179340. It is a member of the Pre-School Learning Alliance.
## **Trustees**
Chairperson Paula Saunders Treasurer James Dow Secretary Lesley Short
## **The objects of the Charity**
The object of the Charity is to provide pre-school education to children from two years old to five years of age. The management committee aims to provide excellent pre-school facilities for the benefit of pre-school children drawn from the local community in Paddock Wood and East Peckham and surrounding areas. The pre-school is very proud to be all inclusive, inviting all to join us, space permitting.
## **Public benefit**
The Trustees have complied with the Charities Act with regard to the public benefit guidance published by the Charity Commission.
## **Structure, Governance and Management**
Trustees are elected at the Annual General Meeting and are people with local involvement in the Community and/or a historical connection to the pre-school. Parents are invited to be parent representatives on the Committee.
## **Summary of financial results for the year ending 05/09/2023.**
Income for the year totalled £305,887
Expenditure for the year totalled £293,504
The surplus of income over expenditure for the year was £12,383 (surplus for year ending 31 August 2022, £16,685)
Fees will be reviewed regularly by the Trustees and were increased to £6.50 an hour from February 2023. The next scheduled increase is planned for January 2024 to £6.75 an hour. The majority of the children at the settings are funded children and it is anticipated that this will increase further come April 2024 with the roll out of the new Working Families Funding for two-year-olds.
Page 2
Scalliwags Pre-School CIO
## **Review of the Year for the period ending 05/09/2023**
Scalliwags has had a successful year on the two sites, with both sites having very good occupancy rates and healthy waiting lists (this is the first full year with two sites). The pre-schools continue to have strong relationships with the two main primary schools and ensure good transitions to other schools chosen by parents. Scalliwags works in partnership with many outside agencies including Specialist Teaching Services and Speech & Language Therapists. Scalliwags enjoyed celebrating their children and their families through various events including Sports Days, Mothers’ Day and Fathers’ Day stay and play as well as a fabulous end of year family picnic and school leavers’ celebration. The settings are looking forward to continued success in the school year 2023/2024. Scalliwags will continue to rent premises for both settings, one with sole use and the second in East Peckham a pack away setting based in the Village Hall. The East Peckham setting has sole use of the premises during opening times with the exception of one afternoon a week where the main hall is used by local groups. During this time Scalliwags has use of a separate smaller hall with its own bathroom facilities.
Paula Saunders Chairperson
25/01/2024
Page 3
Scalliwags Pre-School CIO
## Statement of Financial Activities
For the year ended 5 September 2023
|For theyear ended 5 September 2023|||
|---|---|---|
|**Income**|**2023**|**2022**|
|Pre-schoolprovision**(1)**|302,905|195,525|
|Other TradingActivities **(2)**|2,738|1,824|
|Interest|244||
|**Total**|**305,887**|**203,217**|
||||
||||
|**Expenditure**|||
|Pre-school provision**(3)**|**(293,504)**|**(186,532)**|
||||
|**Net Income**|**12,383**|**16,685**|
||||
|Total funds brought forward|29,930|13,245|
||||
|**Total funds carried forward**|**42,313**|**29.930**|
Page 4
Scalliwags Pre-School CIO
## Balance Sheet
As of 05 September 2023
|Balance Sheet
s of 05 September 2023|||
|---|---|---|
|**Fixed Assets** **(4)**|05/09/2023|31/08/2022|
||**4,260**|1650|
||||
|**Current Assets**|||
|Cash at Bank|41,903|29,930|
|Cash in hand|410||
|Stock**(5)**|575|420|
|Debtors: amounts falling due within 1 year**(6)**|425|875|
|Total|**43,313**|**31,225**|
||||
|Creditors: amounts falling due within 1
year**(7)**|(1000)|748|
|**Net Current Assets**|42,313|30,477|
|**Total Assets**|**46,573**|**32,127**|
||||
Approved for and on behalf of the Management Committee 25th January 2024.
Paula Saunders Chairperson
Page 5
Scalliwags Pre-School CIO
## Notes to the Accounts
For the year ended 05 September 2023
|Notes to the Accounts
For the year ended 05 September 2023|||
|---|---|---|
|**(1)**
**Income from pre-school provision**|05/09/2023|31/08/2022|
|Government funding 2, 3-&-4 (including
any EYPP & SENIF & DAF)|227,516|144,409|
|Non–funded income (fees, lunch club)|75,389|51,116|
||||
|**(2)**
**Income from other sources**|05/09/2023|31/08/2022|
|Uniform|1240|864|
|Fundraising|1498|960|
|Interest|244||
|Total|**305,887**|**203,217**|
||||
|**(3)**
**Expenditure**|05/09/2023|31/08/2022|
|Salaries (including payroll admin costs)|228,603|156,372|
|Stafftraining courses|920|300|
|Rent (including utilities)|29,221|14,120|
|Equipment|8,203|4,960|
|Snack|3,487|1,080|
|Craftmaterials|4,200|1,050|
|Cleaning|3,600|1,200|
|Picnic|549|1,000|
|Insurances and Membership, DBS|2,958|1,460|
|SENIF|4,200|2,400|
|Uniform|1,494|490|
|Stationary, photocopying, admin|3,171|1200|
|Internet, phone & website|2,645|620|
|Bank Charges|253|280|
||||
|Total|**293,504 **|**186,532**|
|**(4)**
**Tangible Fixed Assets**|Fixtures &
Fittings||
|---|---|---|
|Value 31/08/2022|1,650||
|Depreciation|330||
|Value 05/09/2023|1,320||
|Additions 05/09/23|2,940||
|Total Value 05/09/2023|**4,260**||
Page 6
Scalliwags Pre-School CIO
|**(5)**
**Stock**|05/09/2023||
|---|---|---|
||**575**||
||||
|**(6)**
**Debtors: amounts falling due within 1 year**|05/09/2023||
|Pre-payments|**420**||
||||
|**(7)**
**Creditors: amounts falling due within 1**
**year **|05/09/2023||
|Printer lease|752||
|Accruals and deferred income|248||
|Total|**1,000**||
Page 7
Scalliwags Pre-School CIO
## Notes to the Accounts
For the year ended 05 September 2023
## **a) Accounting Policies**
_Basis of Accounting_
- The accounts have been prepared on an accruals basis and comply with the requirements of the Charities Act 2011.
- Previous accounts were prepared using a receipts and payments basis.
- The financial statements of the Charity have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)'.
- All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds and it is probable that the income will be received, and the amount can be measured reliably.
- Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category.
- The Charity capitalises items of equipment which are expected to be of continuing use and which cost more than £100.
- Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
- The Charity is exempt from corporation tax on its charitable activities.
## **b)**
- Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.
- **Trustees are required to:**
- Make judgements and estimates that are reasonable and prudent.
- Apply the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
- Keep proper accounting records in accordance with the Charities Act 2011, as a Charitable Incorporated Corporation. The accounts should give a true and fair view. Records that are sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time the financial position of the Charity.
- Safeguard the assets of the Charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.
## **c) Trustee renumeration and benefits:**
- No renumeration out of funds for the charity has been paid or is payable in the year to any committee member.
- No Trustee expenses were paid in the period to 5 September 2023.
## **d) Staff:**
- The average number of employees in this period was 17.
- No employee earned in excess of £60,000.
Page 8
Scalliwags Pre-School CIO
## Independent Examiner’s Report to the Trustees
I report on the Accounts of the Charity for the year ended 5 September 2023, which are set out on pages 4 to 7.
## **Respective responsibilities of trustees and examiner**
As the Charity’s trustees, the committee is responsible for the preparation of the accounts; the audit requirement of section 144 of the Charities Act 2011 does not apply. The examiner is asked to state, any particular matters that should give rise to further investigation, on the basis of the procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Act.
## **Basis of Independent Examiner’s report**
The examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and the examiners not requested to express an audit opinion on the view given by the accounts.
## **Independent Examiner’s statement**
To the Chairperson, Scalliwags Pre-school CIO
I have examined the financial records of Scalliwags Pre-School CIO and I find that they are in accordance with the vouchers and other documents presented to me.
There are no matters that I need to draw to your attention.
Page 9