Trustees' Annual Report for the period
Period start date Period end date Day Month Year Day Month Year From 01 01 2023 To 31 12 2023
Section A Reference and administration details
Charity name ROXWELL PRE-SCHOOL Other names charity is known by Registered charity number (if any) 1181652 Charity's principal address Memorial Hall, The Street Roxwell, Chelmsford Essex Postcode CM1 4PA
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Mrs V Foster | Chair | 01/01/23 to 20/12/23 | ||
| Mrs A Little | 01/01/23 to 31/12/23 | |||
| Mrs N Kitteridge | Treasurer | 01/01/23 to 31/12/23 | ||
| Mrs Y Hector | 01/01/23 to 31/12/23 | |||
| Mrs K Johnson | 01/01/23 to 31/12/23 | |||
| M Ingle | 01/01/23 to 20/12/23 | |||
| Ms L Sexty | 23/02/23 to 31/12/23 | |||
| Names of the trustees for the charity, if any, (for example, any custodian trustees) | ||||
| Name | Dates acted if not for whole year | |||
Names and addresses of advisers (Optional information)
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Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
- (eg. trust deed, constitution)
Company Limited by Guarantee How the charity is constituted
- (eg. trust, association, company)
Trustee selection methods
Elected by
(eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
To enhance the development and education of children under statutory school age by offering appropriate play, education and care facilities, encouragement and involvement of parents.
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Providing early year’s childcare in accordance with the National standards and OFSTED guidelines to meet the needs of children through play.
Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
-
policy on grant making;
-
policy programme related investment;
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contribution made by volunteers.
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Section D Achievements and performance
Maintain focus of individual children’s needs Summary of the main Monitor and maintain staff training achievements of the charity Maintain fundraising levels during the year Increase charity’s reserves Improved external advertising Improved parental feedback Improvement of facilities and equipment Maintain accurate financial systems Enhanced committee to staff communications
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Section E Financial review
To maintain sufficient reserves to cover the charity’s running costs for Brief statement of the three months. charity’s policy on reserves
Details of any funds materially in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
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 |
|||||
|---|---|---|---|---|---|
ir, |
N KITTERIDGE | Y HECTOR | |||
| TREASURER | CHAIR | ||||
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COMPANY REGISTRATION NUMBER: 07880637 CHARITY REGISTRATION NUMBER: 1181652
ROXWELL PRE SCHOOL LIMITED Company Limited by Guarantee Unaudited Financial Statements 31 December 2023
NEIL SMITH FCCA
Chartered Certified Accountant 27 Powers Hall End
Witham Essex CM8 2HE
ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Financial Statements
Year ended 31 December 2023
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities (including income and | |
| expenditure account) | 4 |
| Statement of financial position | 5 |
| Notes to the financial statements | 6 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 13 |
| Notes to the detailed statement of financial activities | 14 |
ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 December 2023
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2023.
Reference and administrative details
Registered charity name ROXWELL PRE SCHOOL LIMITED
Charity registration number 1181652 Company registration number 07880637 Principal office and registered Office 14, Bentalls Centre office Colchester Road Heybridge Maldon Essex CM9 4GD
The trustees
Independent examiner
Mrs AJ Little Mrs V Foster (Resigned 20 December 2023) M Ingle (Resigned 20 December 2023) Mrs K Lake (Appointed 19 April 2024) Mrs K Johnson Mrs Y Hector Mrs N Kitteridge Miss L Sexty (Appointed 23 February 2023) Mrs L Simons (Appointed 31 May 2024) D Woolf (Appointed 31 May 2024) Neil Smith FCCA 27 Powers Hall End Witham Essex CM8 2HE
Structure, governance and management
The charity is structured as a company limited by guarantee and is governed by a constitution. The trustees are elected at the annual general meeting.
Objectives and activities
The objective of the charity is to enhance the development and education of children under statutory school age by offering appropriate play, educational and care facilities, encouragement and involvement of parents. To achieve this, the charity's main activity is to provide early years childcare in accordance with the national standards and OFSTED guidelines to meet the needs of children through play.
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ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 December 2023
Achievements and performance
To maintain focus on an individual child's needs; to monitor and maintain staff training: to maintain fundraising levels; to maintain charity's reserves; improved facilities and equipment; improved external advertising; increased feedback from parents; to maintain accurate financial systems; enhanced committee to staff communications.
Financial review
To maintain sufficient reserves to cover the charity's running costs for three months.
Plans for future periods
To continue to improve the facilities and equipment, staff training and communications, parental feedback and fundraising activities.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 29 July 2024 and signed on behalf of the board of trustees by:
Mrs Y Hector Trustee
Mrs N Kitteridge Trustee
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ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of ROXWELL PRE SCHOOL LIMITED
Year ended 31 December 2023
I report to the trustees on my examination of the financial statements of ROXWELL PRE SCHOOL LIMITED ('the charity') for the year ended 31 December 2023.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements 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 under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the 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 examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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 financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Neil Smith FCCA Independent Examiner 27 Powers Hall End Witham Essex CM8 2HE
29 July 2024
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ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 December 2023
| 2023 | 2023 | 2022 | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | Total funds | ||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 5 | 59,501 | 59,501 | 48,699 |
| Other trading activities | 6 | 1,700 | 1,700 | 1,494 |
| Investment income | 7 | 329 | 329 | 21 |
| Other income | 8 | 3 | 3 | – |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total income | 61,533 | 61,533 | 50,214 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Expenditure | ||||
| Expenditure on charitable activities | 9,10 | 66,306 | 66,306 | 54,694 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total expenditure | 66,306 | 66,306 | 54,694 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net expenditure and net movement in funds | (4,773) | (4,773) | (4,480) | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Reconciliation of funds | ||||
| Total funds brought forward | 45,914 | 45,914 | 50,394 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total funds carried forward | 41,141 ৶৶৶৶৶৶৶৶ |
41,141 ৶৶৶৶৶৶৶৶ |
45,914 ৶৶৶৶৶৶৶৶ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 6 to 11 form part of these financial statements.
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ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Statement of Financial Position
31 December 2023
| 2023 | 2022 | |||
|---|---|---|---|---|
| Note | £ | £ | £ | |
| Current assets | ||||
| Cash at bank and in hand | 42,555 | 45,914 | ||
| Creditors: amounts falling due within one year | 14 | 1,414 | – | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| Net current assets | 41,141 | 45,914 | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| Total assets less current liabilities | 41,141 | 45,914 | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| Net assets | 41,141 | 45,914 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |||
| Funds of the charity | ||||
| Unrestricted funds | 41,141 | 45,914 | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| Total charity funds | 16 | 41,141 | 45,914 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
For the year ending 31 December 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 29 July 2024, and are signed on behalf of the board by:
Mrs Y Hector Trustee
Mrs N Kitteridge Trustee
The notes on pages 6 to 11 form part of these financial statements.
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ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 December 2023
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Office 14, Bentalls Centre, Colchester Road, Heybridge, Maldon, Essex, CM9 4GD.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2023
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
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ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2023
3. Accounting policies (continued)
Financial instruments (continued)
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
4. Limited by guarantee
The company is limited by guarantee as defined in the Articles of Association. Each members liability is limited to £1.
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ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2023
5. Donations and legacies
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Donations | |||||
| Donations | 205 | 205 | – | – | |
| Grants | |||||
| Funding from Essex County Council | 42,256 | 42,256 | 33,776 | 33,776 | |
| Essex County Council Grants | |||||
| receivable | 2,130 | 2,130 | – | – | |
| Subscriptions | |||||
| Fees charged | 14,910 | 14,910 | 14,923 | 14,923 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 59,501 | 59,501 | 48,699 | 48,699 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| 6. | Other trading activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Fundraising events | 1,700 | 1,700 | 1,494 | 1,494 | |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ||
| 7. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Bank interest receivable | 329 | 329 | 21 | 21 | |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ||
| 8. | Other income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Other income | 3 | 3 | – | – | |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ||
| 9. | Expenditure on charitable activities | by fund type | |||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Charitable activity | 64,455 | 64,455 | 51,883 | 51,883 | |
| Support costs | 1,851 | 1,851 | 2,811 | 2,811 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 66,306 | 66,306 | 54,694 | 54,694 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
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ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2023
10. Expenditure on charitable activities by activity type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Total funds | Total fund | ||
| directly Support costs | 2023 | 2022 | ||
| £ | £ | £ | £ | |
| Charitable activity | 64,455 | – | 64,455 | 51,883 |
| Governance costs | – | 1,851 | 1,851 | 2,811 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 64,455 | 1,851 | 66,306 | 54,694 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
11. Independent examination fees
Fees payable to the independent examiner for: Independent examination of the financial statements
| 2023 | 2022 |
|---|---|
| £ | £ |
| 560 | 560 |
| ৶৶৶৶ | ৶৶৶৶ |
12. Staff costs
| The total staff costs and employee benefits for the reporting period are analysed as | The total staff costs and employee benefits for the reporting period are analysed as | follows: |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Wages and salaries | 49,780 | 40,749 |
| Social security costs | 1,000 | – |
| Employer contributions to pension plans | 1,851 | 1,830 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 52,631 | 42,579 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
The average head count of employees during the year was 3 (2022: 3). The average number of full-time equivalent employees during the year is analysed as follows:
| 2023 | 2022 | |
|---|---|---|
| No. | No. | |
| Number of staff | 3 | 3 |
| ৶৶৶৶ | ৶৶৶৶ |
No employee received employee benefits of more than £60,000 during the year (2022: Nil).
13. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees
14. Creditors: amounts falling due within one year
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income | 1,241 | – |
| Other creditors | 173 | – |
| ৄৄৄৄৄৄৄ | ৄৄৄৄ | |
| 1,414 | – | |
| ৶৶৶৶৶৶৶ | ৶৶৶৶ |
- 10 -
ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2023
15. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1,851 (2022: £1,830).
16. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 | January 202 | 31 | December | ||
| 3 | Income | Expenditure | 2023 | ||
| £ | £ | £ | £ | ||
| General funds | 45,914 | 61,533 | (66,306) | 41,141 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| At | At | ||||
| 1 | January 202 | 31 | December | ||
| 2 | Income | Expenditure | 2022 | ||
| £ | £ | £ | £ | ||
| General funds | 50,394 | 50,214 | (54,694) | 45,914 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
17. Analysis of net assets between funds
| Unrestricted | Total Funds | |
|---|---|---|
| Funds | 2023 | |
| £ | £ | |
| Current assets | 41,141 | 41,141 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Unrestricted | Total Funds | |
| Funds | 2022 | |
| £ | £ | |
| Current assets | 45,914 | 45,914 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
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ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Management Information
Year ended 31 December 2023
The following pages do not form part of the financial statements.
- 12 -
ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 December 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Donations | 205 | – |
| Funding from Essex County Council | 42,256 | 33,776 |
| Essex County Council Grants receivable | 2,130 | – |
| Fees charged | 14,910 | 14,923 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 59,501 | 48,699 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Other trading activities | ||
| Fundraising events | 1,700 | 1,494 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Investment income | ||
| Bank interest receivable | 329 | 21 |
| ৄৄৄৄ | ৄৄৄৄ | |
| Other income | ||
| Other income | 3 | – |
| ৄৄৄৄ | ৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Total income | 61,533 | 50,214 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Expenditure | ||
| Expenditure on charitable activities | ||
| Wages and salaries | 49,780 | 40,749 |
| Employer's NIC | 1,000 | – |
| Pension costs | 1,851 | 1,830 |
| Rent | 7,234 | 7,364 |
| Insurance | 564 | 548 |
| Other motor/travel costs | 626 | 532 |
| Legal and professional fees | 2,167 | 2,913 |
| Telephone | 204 | 230 |
| Other office costs | 334 | – |
| Staff training | 102 | 158 |
| Equipment & repairs | 2,444 | 370 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 66,306 | 54,694 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Total expenditure | 66,306 | 54,694 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Net expenditure | (4,773) ৶৶৶৶৶৶৶৶ |
(4,480) ৶৶৶৶৶৶৶৶ |
- 13 -
ROXWELL PRE SCHOOL LIMITED
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 December 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Expenditure on charitable activities | ||
| Charitable activity | ||
| Activities undertaken directly | ||
| Wages and salaries | 49,780 | 40,749 |
| Tutors | 1,000 | – |
| Staff pension costs | 1,851 | 1,830 |
| Rent | 7,234 | 7,364 |
| Insurance | 564 | 548 |
| Motor and travel costs | 626 | 532 |
| Legal and professional fees | 316 | 102 |
| Telephone | 204 | 230 |
| Computer costs | 334 | – |
| Staff training | 102 | 158 |
| Equipment & repairs | 2,444 | 370 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 64,455 | 51,883 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Governance costs | ||
| Accountancy fees | 1,158 | 1,116 |
| Refreshments | 524 | 775 |
| Miscellaneous | 169 | 920 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 1,851 | 2,811 | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Expenditure on charitable activities | 66,306 ৶৶৶৶৶৶৶৶ |
54,694 ৶৶৶৶৶৶৶৶ |
- 14 -
ROXWELL PRE SCHOOL LIMITED Company Limited by Guarantee Indopendent Examinerfs Report to the Trustees of ROXWELL PRE SCHOOL LIMITED Year ended 31 Dècomber 2023 I rèport to the trustees on my examination ol the financwl statemènts ol ROXWELL PRE SCHOOL LIPAITED Ilhe charity'l for the year ended 31 D8cember 2023. RosponBlbllltl•8 and ba818 of report As th• Irustees of the company land also ts directors ft)r Ihe purposès of company kvAfl you are responsible for the preparatson ol the financial stalemenfs In accofdance Ihe requiiements of Companies Acl 20061'the 2006 A¢l'l. Having satt5fied myself that the %counls of the company a not required lo be audTted under Part 16 of the 2006 Act and are elKJible for independent examinat. I report In respe¢l of my examinatson of the charty's accounts as rned out vnder section 145 01 the Chanties Act 2011 {'Ihe 2011 Acri. In carrying oul my examination I have followed the Directh?ns gNen by the Charty CommissK)n under tion 1451Sllbl of ihe 2011 kt. Indèpèndent •xaminerfs statement I have eompkted my examinatson. I confimi that no rnatters have come to my att¢ntK)n in conn&tK)n wth ihe examination gNing me cause to believe". accounb.ng records were not kept in respect of Ihe charity as required by secl>)n of the 2006 Act, or the financial ststements do not accord vthh those re¢ords." or the financial ststements do not compty the accounting uIreMents ol Sect$n 3* of the 20(E Act other than any wuirernent that the accounts give a Irue and fairf vw which is not a matter considered as part of an Independent examinabon, or the financk81 statements have not been prepa in accordan the methcxjs and Princip5 of the Statement ol Recommended Practsce for accounts.ng and reporb'ng by charibes applicable to chanties prepanng their accounts In accordance the Financial Reporbng Standard appluble in the UK and Republ of Ireland IFRS 1021. I have no concems and have ¢ome across no other matter5 in connecb.on the examination to attentM)n should be drawn in thi5 report in order to enable a proper ut)derstanding of the acc£yJnts to be reached. Smrfh FCCA Ind•pendent Examiner 27 Pfftrs Hall End Wrtham Essex CM8 2HE 29 July 224