## **Trustees Report 2024**
## Portishead Pre School
Brampton Way, Portishead, North Somerset, BS20 6YN
## **Trustees:**
Abigail Aldridge – Chair (appointed December 2023) Charlotte Cains (treasurer appointed September 2022) Sarah Farthing (appointed January 2021)
Chloe Bailey (secretary appointed September 2022) Caroline Millet (appointed October 2024)
## **Former Trustees:**
Rebecca Rothon (appointed October 2023 resigned September 2024)
Rebecca Fuller – Chair (appointed 1.7.20 resigned December 2023)
Tim Oates – Treasurer (appointed 17.7.19 resigned September 2022)
Michelle Kerr (Appointed November 2020 resigned November 2022)
Hannah Harris – Chair (appointed 7.11.17 resigned 1.7.20)
Lucy Murdock – Secretary (appointed 16.11.15 resigned 5.11.20)
Donna King – Member (appointed 20.5.19 resigned 31.7.20.)
Sophie Luke – Member (appointed 20.5.19 resigned 31.7.20)
Kate Davies - Member (appointed 14.11.19 resigned 31.7.20)
Sarah Russell - Member (appointed 14.11.19 resigned 31.7.20)
Juliet Cartwright – Secretary (appointed November 2020 resigned September 2021)
## **Structure, governance and management**
## **Description of the Charity's trusts**
The Charity is governed by the Pre-School Learning Alliance Constitution 2011 and is constituted under those guidelines. The Committee is nominated, seconded and then voted on by members at the Annual General Meeting. With regards to Trustee recruitment, all parents are invited to become involved via newsletter, posters, email and social media.
The committee are given an induction pack outlining their responsibilities and duties as a committee member. Committee members complete a DBS and EY2 to check their suitability and criminal record. Committee members are given the opportunity to attend training where applicable. We also have Safeguarding Policies in place. All members have access to these and all our policies. We work with North Somerset Early Years Team and local network of early years' provision.
The charity completed the process of transferring to incorporation status. This was supported by Burroughs Day solicitors. This has resulted in the cessation of the charity (Portishead Playgroups 298053) and transfer of all assets and liabilities to the new incorporated entity (Portishead Pre-school 1180880), such that the unincorporated charity is no longer a going concern.
## **Objectives and Activities**
## **Summary of the objects of the Charity**
To provide a pre-school provision to children and families in the Portishead area subject to availability of places and according to our current Administration Policy and Ofsted registration and requirements.
## **Summary of the main activities undertaken for the public benefit in relation to these objects**
Our main funding is through North Somerset Council. With this funding we aim to provide a nurturing, enabling and safe environment in which to learn.
At the time of collating this report, the charity employs thirteen members of staff. Ongoing training is provided to enable staff to educate the local children of the area.
## **Additional details of objectives and activities**
Volunteers enable this provision to continue. The committee are the business managers of the charity; without their commitment and time the Pre-school would close. Parents and carers give their time to the Pre-school by assisting at the settings and at fundraising events. They are the support network.
## **Achievements and performance**
**Summary of the main achievements of the Charity during the year**
**As always, our Portishead preschool settings have been very busy. The Portishead preschool staff**
**always go above and beyond to give the children such a rich and exciting learning experience where children can thrive in all areas of development.**
**This academic year (2024 – 2025) we have 5 children with SEND needs that are all receiving funding. Our staff are amazing at supporting and enhancing these children’s development. The children have had visits from North Somerset Sendco’s and Speech and Language Therapist and Hearing Therapist.**
**This year back in the summer we continued to celebrate 60 years of pre school by bringing back the May Fair. This was a big thing before COVID. The May fair made £1016.07p this was a very successful event and well supported. One of our parents organised the selling of tea towels and made a small contribution to our charity pot.**
**One of our parents ran the Bristol half marathon and raised £410.00 for the preschool. The Preschool did their obstacle course and raised £826.00.**
**Preschool are at the moment making connections with in the local community to bring awareness of our lovely preschools and showing what we offer by doing story times in the library. We are also making connections with a community café and hoping to be doing story time here too. Our numbers are low currently and looking at ways of getting more families to use our settings.**
**We are also going to start stay and play sessions and charge families £5.00. Another fun way for new families to see what the preschools offer.**
**We are looking forward to our carol concert in December. Last year this was a good fund raiser and plan to sell teas, coffees, and sweets**
**Financial Review**
## **Charity's policy on reserves**
We have reserves to enable the charity to comply with lease requirements which state we would have to remove the Brampton building and make the ground ‘good’ should we close; cover redundancy; cover any unforeseen costs; and to repair the Brampton building.
## **Financial results for the year**
The funds report a loss this year. The accounts show an annual fall of £13,180.
## **Further financial details**
Income for the year was £197,777 We have reserves of £163,252. Some of this is allocated to the final payment for the property improvements on the Brampton site. This amount is included in the payables figure in the accounts. The remainder of these funds are held to ensure the longterm future of the charity. The charity holds investment funds of £18,481. Please see below for further
information on the registration of current investment funds. In the year £2,009 was made through all the fundraising events. Our reserve and fundraising allowed
us to continue to provide this provision for the community.
## **Registration of investment funds**
The investment that the charity holds with M&G Investments is, at the date of these accounts, held in the name of the former charity ( Charity No. 298053). This investment is in the process of being registered in the name of Portishead Pre-School. The funds are held in a charity specific bond.
Approved by the Trustees and signed on their behalf by:
Charlotte Cains Treasurer
Date: 03/03/2024
**Registered Company No. CE015725 Registered Charity No. 1180880**
## **Portishead Pre-School**
**Annual Report and Financial Statements**
**For the Year Ended 31st August 2024**
Page 1
## **Portishead Pre-School Registered Company No. CE015725 Contents for the Year Ended 31st August 2024**
||Page/s|
|---|---|
|Reference and Administrative Details|3|
|Statement of Trustees' responsibilities|4|
|Trustees Report|5-6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Accounts|9-13|
|Detailed Income and Expenditure account|14|
Page 2
**Portishead Pre-School Registered Company No. CE015725 For the Year Ended 31st August 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
CE015725
## **Registered Charity number**
1180880
## **Registered office**
Brampton Way Portishead North Somerset BS20 6YN
## **Trustees**
Abigail Aldridge – Chair (appointed December 2023) Charlotte Cains (treasurer, appointed September 2022) Sarah Farthing (appointed January 2021) Chloe Bailey (secretary, appointed September 2022) Rebecca Rothon (appointed October 2023)
## **Former Trustees**
Tim Oates — Treasurer (appointed 17.7.19, resigned September 2022) Michelle Kerr (appointed November 2020, resigned November 2022) Rebecca Fuller — Chair (appointed 1.7.20, resigned November 2022) Hannah Harris– Chair (appointed 7.11.17 resigned 1.7.20) Lucy Murdock– Secretary (appointed 16.11.15 resigned 5.11.20) Donna King– Member (appointed 20.5.19 resigned 31.7.20.) Sophie Luke– Member (appointed 20.5.19 resigned 31.7.20) Kate Davies- Member (appointed 14.11.19 resigned 31.7.20) Sarah Russell- Member (appointed 14.11.19 resigned 31.7.20) Juliet Cartwright– Secretary (appointed November 2020 resigned September 2021)
## **Accountants**
TaxAssist Accountants B7 Kestrel Court, Harbour Road, Portishead, North Somerset BS20 7AN
## **Independent Examiner**
BW Business Accountants & Advisers Limited, Henleaze Business Centre, Harbury Road, Bristol BS9 4PN
## **Solicitors**
Ince Metcalfes Combe House Combe Road Portishead BS20 6BJ
Page 3
## **Portishead Pre-School**
## **Registered Company No. CE015725 For the Year Ended 31st August 2024**
## **Statement of Trustees' Responsibilities**
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 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.
Page 4
## **Portishead Pre-School Registered Company No. CE015725 For the Year Ended 31st August 2024 Trustees Report 2024**
## **Structure, governance and management**
The Charity is governed by the Pre-School Learning Alliance Constitution 2011 and is constituted under those guidelines. The Committee is nominated, seconded and then voted on by members at the Annual General Meeting. With regards to Trustee recruitment, all parents are invited to become involved via newsletter, posters, email and social media. The committee is given an induction pack outlining their responsibilities and duties as a committee member. Committee members complete a DBS and EY2 to check their suitability and criminal record. Committee members are given the opportunity to attend training where applicable. We also have Safeguarding Policies in place. All members have access to these and all our policies. We work with North Somerset Early Years Team and local network of early years' provision.
The charity completed the process of transferring to incorporation status. This was supported by Burroughs Day solicitors. This has resulted in the cessation of the charity (Portishead Playgroups 298053) and transfer of all assets and liabilities to the new incorporated entity (Portishead Pre-school 1180880), such that the unincorporated charity is no longer a going concern.
## **Objectives and Activities**
## **Summary of the objects of the Charity**
To provide a pre-school provision to children and families in the Portishead area subject to availability of places and according to our current Administration Policy and Ofsted registration and requirements.
## **Summary of the main activities undertaken for the public benefit in relation to these objects**
Our main funding is through North Somerset Council. With this funding we aim to provide a nurturing, enabling and safe environment in which to learn.
At the time of collating this report, the charity employs thirteen members of staff. Ongoing training is provided to enable staff to educate the local children of the area.
## **Additional details of objectives and activities**
Volunteers enable this provision to continue. The committee are the business managers of the charity; without their commitment and time the Pre-school would close. Parents and carers give their time to the Pre-school by assisting at the settings and at fundraising events. They are the support network.
## **Achievements and performance**
## **Summary of the main achievements of the Charity during the year**
As always, our Portishead preschool settings have been very busy. The Portishead preschool staff always go above and beyond to give the children such a rich and exciting learning experience where children can thrive in all areas of development. This academic year we have 5 children with SEND needs that are all receiving funding. Our staff are amazing at supporting these children in their development. The children have had visits from North Somerset Sendco’s and Speech and Language Therapist and Hearing Therapist.
This year back in the summer we continued to celebrate 60 years of pre school by bringing back the May Fair. This was a big thing before COVID. The May fair made £1016.07p this was a very successful event and well supported.
One of our parents organised the selling of tea towels and made a small contribution to our charity pot. One of our parents ran the Bristol half marathon and raised £410.00 for the preschool. The Preschool did their obstacle course and raised £826.00.
Preschools are at the moment making connections with in the local community to bring awareness of our lovely preschools and showing what we offer by doing story times in the library. We are also making connections with a community café and hoping to be doing story time here too. Our numbers are low currently and looking at ways of getting more families to use our settings. We are also going to start stay and play sessions and charge families £5.00. Another fun way for new families to see what the preschools offer.
We are looking forward to our carol concert in December. Last year this was a good fund raiser and plan to sell teas, coffees, and sweets.
## **Financial Review**
## **Charity's policy on reserves**
We have reserves to enable the charity to comply with lease requirements which state we would have to remove the Brampton building and make the ground ‘good’ should we close; cover redundancy; cover any unforeseen costs; and to repair the Brampton building.
Page 5
## **Portishead Pre-School**
## **Registered Company No. CE015725**
## **For the Year Ended 31st August 2024**
## **Financial results for the year**
The funds report a gain this year. The accounts show an annual gain of £52,101.
## **Further financial details**
Income for the year was £283,979. We have reserves of £282,754. These funds are held to ensure the long-term future of the charity. The charity holds investment funds of £19,203. Please see below for further information on the registration of current investment funds. In the year, £4,409 was made through all the fundraising events. Our reserve and fundraising allowed us to continue to provide this provision for the community.
## **Registration of investment funds**
The investment that the charity holds with M&G Investments is, at the date of these accounts, held in the name of the former charity (Charity No. 298053). This investment is in the process of being registered in the name of Portishead Pre-School. The funds are held in a charity specific bond.
Approved by the Trustees and signed on their behalf by:
Charlotte Cains Treasurer
11 Nov 2024
Date:
Page 6
## **Portishead Pre-School**
## **Registered Company No. CE015725 For the Year Ended 31st August 2024**
|**Notes**
**Incoming resources**
Donations and legacies
Charitable activities
Other trading activities
Investment income
**_Total incoming resources_**
**Resources expended**
Charitable activities
Raising funds
Governance costs
**_Total resources expended_**
Net incoming resources for the year
Reserves brought forward
Total funds carried forward|**Unrestricted**
**funds**
**2024**
**£**
226,847
47,551
8,778
803
283,979
223,566
2,097
6,215
231,878
52,101
230,654
282,754|**Unrestricted**
**funds**
**2023**
**£**
146,532
47,063
3,563
619|
|---|---|---|
|||197,777|
|||202,382
1,226
7,349|
|||210,957|
|||-13,180
243,833|
|||230,654|
Page 7
## **Portishead Pre-School Registered Company No. CE015725 For the Year Ended 31st August 2024**
|**Notes**
**CURRENT ASSETS**
Tangible Fixed Assets
**1**
Investments
**2**
Debtors
**3**
Cash at the bank and in hand
**4**
**CREDITORS**
Amount falling due within
one year
**5**
**NET CURRENT ASSETS**
**NET ASSETS**
**RESERVES**
Profit and loss account
**TOTAL FUNDS**|**£**
**£**
32,798
19,203
2,629
236,230
290,859
8,105
282,754
282,754
282,754
282,754
**2024**|**£**
**£**
51,208
18,481
1,782
163,252
234,723
4,069
230,654
230,654
230,654
230,654
**2023**|**£**
**£**
51,208
18,481
1,782
163,252
234,723
4,069
230,654
230,654
230,654
230,654
**2023**|
|---|---|---|---|
|||||
||||230,654|
||||230,654|
||||230,654|
For the year ended 31st August 2024, the company was entitled to exemption from audit under section 477(2) of the Companies Act 2006.
The Members have not required the company to obtain an audit in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibility for:
(i) ensuring the company keeps accounting records which comply with Sections 386; and
(ii) preparing accounts which give a true and fair view if the state of affairs of the company as at the end
of the financial year, and its profit or loss for the financial year, in accordance with the requirements of
Section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far is applicable to the company.
The accounts have been prepared in accordance with the Charities SORP (FRS102) and the Charities Act 2011.
Approved by the Trustees and signed on their behalf by:
11 Nov 2024
Date:
Charlotte Cains, Treasurer
**The notes on page 9 onwards form part of these financial statements.**
Page 8
**Portishead Pre-School Registered Company No. CE015725 For the Year Ended 31st August 2024**
## **ACCOUNTING POLICIES**
The following accounting policies have been used consistently in dealing with items which are considered material to the company's financial statements.
## _**Basis of preparation**_
The accounts have been prepared in accordance with the Charities SORP (FRS102) and in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts have been prepared under the historic cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts
## _**Cash Flow statement**_
The charity has taken the exemption available in FRS102 not to prepare a cash flow statement.
## _**Going concern**_
The accounts have been prepared on a Going Concern basis
## _**Public benefit**_
The charity is a Public Benefit Entity
## _**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
## _**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 receivable when the charity has an entitlement to the funds and any conditions linked to the grants have been met
## _**Deferred income**_
Deferred income represents amounts received for future periods and is released to Incoming resources
Page 9
## _**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 can not be directly attributed to particular headings they are 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 assets use. Other support costs are allocated based on the spread of staff costs.
## _**Raising funds**_
There are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
## _**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 these 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.
## _**Governance costs**_
These include the costs attributed to the charities compliance with constitutional and statutory requirements including audit, strategic management and trustees meetings and reimbursed expenses
## _**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 and 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.
## _**Tangible fixed assets**_
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over the expected useful life as follows:
Freehold buildings - straight line method over 8 years
## _**Investments**_
Listed investments are measured at market value at the balance sheet date. Changes in value are included in the Statement of Financial Activities.
Page 10
## _**Cash at bank**_
Cash and cash equivalents, cash on hand 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.
## _**Debtors**_
Short term debtors are measured at transaction price and are due from customers for services provided in the ordinary course of activities
## _**Creditors**_
Short term creditors are measured at transaction price and are obligations to pay for good or services that have been acquired in the ordinary course of activities from suppliers
## _**Pensions**_
Contributions to defined contribution plans are expenses in the period to which they relate
## _**Trustee remuneration and benefits**_
None of the trustees have been paid any remuneration or received any other benefits from an employment with the charity or a related entity.
## _**Trustee expenses**_
No trustee expenses have been incurred
## _**Key Management Personnel**_
The trustees are considered the key management personnel and received no remuneration for their work
## _**Related party transactions**_
There have been no related party transactions
## _**Restricted funds**_
There have been no restricted or designated funds received in the year
## _**Staff numbers**_
There was one full time member of staff and an average of 12 part-time members of staff
## _**Staff banding**_
No employee received employee benefits or more than £60,000
Page 11
## **Portishead Pre-School Registered Company No. CE015725 For the Year Ended 31st August 2024**
|**1 FIXED ASSETS**
**Cost**
At 1 September 2023
Addition
Disposal
At 31 August 2024
**Depreciation**
At 1 September 2023
Charge for the year
Eliminated on disposal
At 31 August 2024
**Net Book Value**
At 31 August 2024
At 1 September 2023
**2 INVESTMENTS**
Cost - M&G Investments
Increase (decrease) in Valuation||86,452
-
-8,250
Land and
buildings||1,168
-
-
Computer
equipment|1,168
-
-
Computer
equipment|
|---|---|---|---|---|---|
|||||||
|||78,202|||1,168|
|||35,634
9,775
-|||778
385
-|
|||45,409|||1,163|
|||**32,793**
**50,818**||**5**
**390**
Listed
investments
18,481
722||
|||||19,203||
Page 12
## **Portishead Pre-School Registered Company No. CE015725 For the Year Ended 31st August 2022**
|**3 DEBTORS**
Trade Debtors
Prepayments
**4 CASH AT BANK**
Cash in hand
NatWest 99648024
NatWest 34002502
Co-op 6720272800
**5 CREDITORS: AMOUNTS FALLING DUE WITHIN**
**ONE YEAR**
Trade creditors
PAYE/NI
Pensions
Accruals
Wages payable|**2024**
**£**
1,413
1,216
2,629
-
-
-
236,230
236,230
2,899
-116
577
3,549
1,196
8,105|**2023**
**£**
554
1,228|
|---|---|---|
|||1,782|
|||-
-
-
163,252|
|||163,252|
|||250
12
571
3,236
0|
|||4,069|
## **6 CHARITIABLE STATUS**
The company is a registered charity.
## **7 TAXATION**
The directors are of the opinion that the company's present activities are exempt from corporation tax.
## **8 COMPANY STATUS**
The Company is a Charitable incorporated organisation controlled by the Trustees
Page 13
## **Portishead Pre-School Registered Company No. CE015725 For the Year Ended 31st August 2024**
|||**2024**||**2023**|
|---|---|---|---|---|
|**INCOME**|**£**|**£**|**£**|**£**|
|Donations and legacies|226,847||146,532||
|**Charitable activities**|||||
|Pre-School Operations|47,551||47,063||
|**Other trading activities**|||||
|Fundraising events|4,409||2,009||
|Rental Income|2,010||1,170||
|Other trading income|2,360||384||
|**Investment Income**|||||
|Bank interest receivable|0||0||
|Other Income from Fixed Asset investment|802||619||
|Total Incoming Resources||283,978||197,777|
|**EXPENDITURE**|||||
|**Raising funds**|||||
|Fundraising cost|689||8||
|Other trading cost|1,408||1,218||
|||2,097||1,226|
|**Preschool operations**|||||
|Rent|10,107||8,602||
|Rates and Water|1,489||1,071||
|Wages|172,506||160,970||
|Staff-Employers NI|4,304||3,975||
|Employers Pensions|3,062||2,594||
|Telephone and internet charges|5,323||2,927||
|Printing, postage and stationery|596||177||
|Repairs and Renewals|4,158||1,935||
|Staff training and welfare|1,425||980||
|Light and heat|3,547||5,303||
|Equipment expensed|4,714||1,167||
|Cleaning|1,088||948||
|Establishment costs|564||536||
|Land and Buildings - depreciation|10,161||11,196||
|||223,044||202,381|
|**Support costs Management**|||||
|Advertising|395||0||
|Insurance|1,484||677||
|Subscriptions|69||148||
|Computer software|666||638||
|Sundry Expenses|127||||
|||2,741||1,463|
|**Governance costs**|||||
|Audit and Accountancy Fees|4,717||4,877||
|Listed investment revaluation|-722||764||
|||3,995||5,887|
|Total expenditure||231,877||210,957|
|Net Income (loss)||52,101||-13,180|
Page 14
## **Issuer**
TaxAssist Accountants
**Document generated** Mon, 11th Nov 2024 10:54:15 GMT
**Document fingerprint** b2cb0efabff80ecfddfcb20e0c7111da
## **Parties involved with this document**
## **Document processed**
## **Party + Fingerprint**
Mon, 11th Nov 2024 11:11:50 GMT Mon, 11th Nov 2024 11:11:51 GMT
Ms Charlotte Cains - Signer (100b9630ea29319ae9dabc869456e4ca) Sergey Pimonov - Copied In (5a24aab002026605c2acf4c92ce6a67d)
## **Audit history log**
## **Date**
## **Action**
Mon, 11th Nov 2024 10:54:15 GMT Mon, 11th Nov 2024 10:54:15 GMT Mon, 11th Nov 2024 10:54:15 GMT Mon, 11th Nov 2024 10:54:15 GMT Mon, 11th Nov 2024 10:54:15 GMT
Mon, 11th Nov 2024 10:54:25 GMT Mon, 11th Nov 2024 10:54:25 GMT Mon, 11th Nov 2024 10:54:25 GMT Mon, 11th Nov 2024 11:11:37 GMT Mon, 11th Nov 2024 11:11:50 GMT Mon, 11th Nov 2024 11:11:51 GMT Mon, 11th Nov 2024 11:11:51 GMT Mon, 11th Nov 2024 11:11:51 GMT Mon, 11th Nov 2024 11:11:51 GMT
Envelope generated with fingerprint 5c19f9f908e08297fae2faf47c009da218.133.63.166 Document generated with fingerprint b2cb0efabff80ecfddfcb20e0c7111da.18.133.63.166 Ms Charlotte Cains has been assigned to this envelope.18.133.63.166 Sergey Pimonov has been assigned to this envelope.18.133.63.166 Envelope has been set to automatically remind the active signer every 3 day(s).18.133.63.166
Envelope generated
Sent the envelope to Ms Charlotte Cains for signing Document emailed to party email18.175.199.255 Ms Charlotte Cains viewed the envelope82.34.83.76 Ms Charlotte Cains signed the envelope82.34.83.76 Sent the envelope to Sergey Pimonov for signing82.34.83.76 This envelope has been signed by all parties82.34.83.76 Document emailed to party email13.40.210.253 Ms Charlotte Cains viewed the envelope82.34.83.76
**Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name Portishead Pre-School **members of On accounts for the year** 31 August 2024 **Charity no** 1180880 **ended (if any) Set out on pages** 1-2 (remember to include the page numbers of additional sheets)
- I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 August 2024.
- **Responsibilities and** As the charity’s trustees of the Company, (who are also the directors of the **basis of report** company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below) which gives me cause to believe that:
- accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
- the accounts do not accord with such records; or
- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or • the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Date:** 17 March 2025
**Signed: M** M **Name:** Glenda Hagger on behalf of Glenda Hagger Accountancy Services Ltd **Relevant professional** ICAEW; Chartered Accountant No. 8466257 **qualification(s) or body (if any):**
1
**IER**
**Address:** Toad House, Brockley Way,
Claverham,
North Somerset. BS49 4PA
## **Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
It has come to our attention that Fixed Asset Investments valued at £18,481, remain registered in the name of Portishead Playgroups, the previous unincorporated charity which has now ceased operations. We understand that the application to transfer these Fixed Asset Investments to the Company is still pending and that this matter will be rectified in due course.
2
**IER**