Charity number: 1182861
Pavilion Pre-School (Aigburth) UNAUDITED ACCOUNTS FOR THE 512 DAY PERIOD ENDED 31/08/2020
Prepared By:
Harvey Guinan LLP Chartered Certified Accountants 310/311 Vanilla Factory 39 Fleet Street Liverpool Merseyside L1 4AR
Pavilion Pre-School (Aigburth)
FINANCIAL STATEMENTS FOR THE 512 DAY PERIOD ENDED 31/08/2020
TRUSTEES
Kay Bradshaw Lisa Bramwell Louise Bridge Kete Daley Kethryn Dempsey Cara Edwards Iga Kowalska Sally Nicholls Caroline O'Rourke Ursula Roberts
REGISTERED OFFICE
50 Dundonald Road Aigburth Liverpool L17 0AF
CHARITY NUMBER 1182861
ACCOUNTANTS
Harvey Guinan LLP Chartered Certified Accountants 310/311 Vanilla Factory 39 Fleet Street Liverpool Merseyside L1 4AR
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Pavilion Pre-School (Aigburth)
ACCOUNTS FOR THE 512 DAY PERIOD ENDED 31/08/2020
CONTENTS
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Accountant's Report | 8 |
| Statement of Financial Activities | 9 |
| Balance Sheet | 10 |
| Notes to the Accounts | 11 to 12 |
| Detailed Statement of Financial Activities | 13 |
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Pavilion Pre-School (Aigburth)
FOR THE 512 DAY PERIOD ENDED 31/08/2020
TRUSTEES' REPORT
The trustees present their report and accounts for the 512 day period ended 31/08/2020
PRINCIPAL ACTIVITIES
The principal activity of the charity in the 512 day period under review was 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
STRUCTURE GOVERNANCE AND MANAGEMENT
Pavilion Pre-School Aigburth was constituted by a formal Constitution and became a registered
CIO - ASSOCIATION Registered 08 Apr 2019 Charity Number 1182861 (previous unincorporated charity number 518169) CE 017101.
The financial statements have been prepared in accordance with the charity's Constitution, the Charities Act 2011, and 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).
The charity was established under a Constitution which established objects and powers of the charity and it is governed under its Constitution.
The charity has a board of trustees who plan to meet at least once a term across the academic year to oversee the general management and operation of the pre-school via the management team, discuss any financial, employment, legal or statutory requirements, plus discuss fundraising initiatives. Trustees work in partnership with the Pre-School Learning Alliance for guidance when needed as well as Peninsular HR and Health and Safety.
The day to day operations management is carried out by the Office manager, being key personel Jo Riley and the pre-school staff. Staff are remunerated based upon experience and roles at market rates.
The trustees approve policy which is then implemented by the staff. The charity is working to a business plan and strategy to focus on the delivery of its objects. In setting policy the trustees and management give due consideration to guidelines issued by the Charity Commission regarding public benefit.
New trustees go through a period of induction involving being provided with copies of the constitution, financial statements, relevant policies and business plans and reports to enable them to achieve an effective introduction to the charity. New trustees have an opportunity to meet the board and staff and to familiarize themselves with the organisation.
The charity's trustees are volunteers and do not receive remuneration for their services as trustees.
At the AGM the committee members step down and new trustees are nominated and elected. The minimum number of trustees is 5 the maximum is 12.
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Pavilion Pre-School (Aigburth)
FOR THE 512 DAY PERIOD ENDED 31/08/2020
TRUSTEES' REPORT
Section 16 of the constitution states that trustees can only serve for 5 consecutive years but can be reappointed after a gap of at least 1 year.
The Charity seeks to have a wide range of skills and experience on its Committee, contained within a small number of individuals. Applications are welcome from potential Committee members regardless of, for example, ethnic origin or disability.
Pavilion Pre-school is a community pre-school, its members consist of families attending the setting, past/present, staff and affiliate members. We hold an AGM each year and all members are invited to attend.
Officer posts are nominated and elected at the 1st trustee meeting. No trustees are paid for their contributions. All Trustees require a clear volunteers DBS certificate and signed confidentiality agreements, as well as registering for an EY2 via OFSTED on line portal.
OBJECTS OF THE CHARITY
Pavilion Pre-School Aigburth works for the public benefit having as its objects the development and education of children and young people in particular by:
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1) Promoing their care and safety,
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2) Promoting their education and promoting parental involvement,
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3) Promoting their health and wellbeing,
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4) Providing services to support them and their families and carers,
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5) Providing services to individuals holding membership of the CIO,
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6) Furthering the aims of the Pre-School Learning Alliance.
Pavillion Pre-School aims 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 and by:
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 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 community.
c) Compliance with the EYFS statutory Framework 2017 and LA framework.
d) Open and inclusive to all, regardless of race, religion, sexuality, culture, ability or means.
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Pavilion Pre-School (Aigburth)
FOR THE 512 DAY PERIOD ENDED 31/08/2020
TRUSTEES' REPORT
e) Enhancing community engagement and local family services via active and collaborative discussions.
Pavilion Pre-School works closely with the families who attend the setting, creating a wonderful atmosphere where children feel safe and secure. Parents are encouraged to share skills and experiences, encouraging diversity.
REVIEW OF ACHIEVEMENTS AND PERFORMANCE
Pavilion Pre-School (Aigburth) is a Charitable Incorporated Organisation (CIO) that was a registered Charity on 8 April 2019.
It was established so that the assets of the unincorporated Charity Pavilion Pre-School (Aigburth) Charity number 518169 would transfer to the CIO Charity number 1182861.
During the period 8 April 2019 to 31 August 2020 the Charity did not trade and was dormant throughout the whole period.
Pavilion Pre-School (Aigburth) Charity 1182861 commenced to trade 1 September 2020.
PUBLIC BENEFIT
Pavillion Pre-school delivers public benefit through the development and education of children and young people in the area it serves, We provide a safe, fun and stimulating environment for children and their families.
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Pavilion Pre-School (Aigburth)
FOR THE 512 DAY PERIOD ENDED 31/08/2020
TRUSTEES' REPORT
FINANCIAL REVIEW
Pavilion Pre-School (Aigburth) Charity 1182861 was dormant throughout the whole of the period and has no Income or Expenditure and a NIL Balance Sheet at 31 August 2020.
RISK MANAGEMENT
For each activity we produce a detailed risk assessment , amending as necessary to include Covid-19 and related government guidance. Monitoring of the identified risks is in place and the regularity of review is established
RESERVES POLICY
The Charity will endeavour to provide for financial stability and sustainability by maintaining a free reserve representing 6 months running costs. At 31 August 2020 free reserves were £NIL. In the future the Trustees plan to develop a reserve for sustainability. The trustees will plan to continue to review the reserves policy to meet the needs of activities.
FUTURE PLANS
On September 1 2020 the Charity will start to trade as Pavilion Pre-School (Aigburth) charity 1182861 and operate the Pre- school activities.
The completion of the building project is enabling the Pre-school to grow and it is offering Breakfast and After School provision from September 2021 which provides more community services and the opportunity for more local employment.
We look forward to settling in and enjoying our new premises.
VOLUNTEERS
Volunteers are a valuable resource for the Charity. This includes the Trustees, individuals undertaking work placement opportunities, regular volunteers in the Pre-school helping the children as well as community volunteers for gardening, maintenance and help with the Big Build Project
TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS
The Trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.
Charity Law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and Applicable Law).
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Pavilion Pre-School (Aigburth)
FOR THE 512 DAY PERIOD ENDED 31/08/2020
TRUSTEES' REPORT
Under Charity Law the trustees must not approve the financial statements until they are satisfied that they give a true and fair view of the state of affairs of the charity and of the net incoming or outgoing resources of the charity for that period.
In preparing the financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the charities SORP;
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make judgments and estimates that are reasonable and prudent;
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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 adequate accounting 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 and enable them to ensure that the financial statements comply with the Charities Act 2011. They 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.
The names of the Trustees who held office during the year are noted on page 1.
APPROVAL
The report was prepared in accordance with the Charities Act 2011 and Statement of Recommended Practice FRS102 Accounting and Reporting by Charities.
This report was approved by the Board of Trustees on 28/06/2022
Ursula Roberts
Trustee
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Pavilion Pre-School (Aigburth)
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS OF PAVILION PRE-SCHOOL (AIGBURTH), FOR THE 512 DAY PERIOD ENDED 31/08/2020
In order to assist you to fulfill your duties under the Charities Act , we have prepared for your approval the accounts of Pavilion Pre-School (Aigburth) for the 512 day period ended 31/08/2020 as set out on pages - to (1) from the company's accounting records and from information and explanations you have given us.
As a practising member of the ACCA, we are subject to its ethical and other professional requirements which are detailed on their website.
This report is made solely to the Board of Directors of Pavilion Pre-School (Aigburth), as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Pavilion Pre-School (Aigburth) and state those matters that we have agreed to state to the Board of Directors of Pavilion Pre-School (Aigburth), as a body, in this report, in accordance with the requirements of the ACCA as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pavilion Pre-School (Aigburth) and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Pavilion Pre-School (Aigburth) has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of Pavilion Pre-School (Aigburth). You consider that Pavilion Pre-School (Aigburth) is exempt from the statutory audit requirement for the 512 day period.
We have not been instructed to carry out an audit or a review of the accounts of Pavilion Pre-School (Aigburth). For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Harvey Guinan LLP Chartered Certified Accountants 310/311 Vanilla Factory 39 Fleet Street Liverpool Merseyside L1 4AR
28/06/2022
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Pavilion Pre-School (Aigburth)
Statement of Financial Activities for the year ended 31/08/2020
| 2020 | |||
|---|---|---|---|
| Unrestricted funds |
Restricted funds |
Total | |
| £ | £ | £ | |
| Income | |||
| Income from generated funds | |||
| Expenses | |||
| Costs of generating funds | |||
| Net gains on investments |
Gains/(losses) on revaluation of fixed assests
Net movement in funds: NIL -the Charity was dormant throughout the period
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
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Pavilion Pre-School (Aigburth)
| BALANCE SHEET AT 31/08/2020 | ||
|---|---|---|
| 2020 | ||
| THE CHARITY WAS DORMANT THROUGHOUT THE PERIOD AND DID NOT | ||
| TRADE. INCOME AND EXPENDITURE IS NIL. ASSETS AND LIABILITIES | Notes | £ |
| NIL. | ||
| CURRENT ASSETS | ||
| RESERVES | ||
| Unrestricted funds | 3 | |
| T | ||
| Approved by the board of trustees on 28/06/2022 and signed on their behalf | ||
| by | ||
| ............................. | ||
| Ursula Roberts | ||
| Trustee |
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Pavilion Pre-School (Aigburth)
NOTES TO THE ACCOUNTS FOR THE 512 DAY PERIOD ENDED 31/08/2020
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
1b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
1c. Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
1d. Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
1e. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
2. EMPLOYEES
| 2020 | ||
|---|---|---|
| No. | No. | |
| Average number of employees | - | |
| The Charity was dormant with no employees |
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Pavilion Pre-School (Aigburth)
3. UNRESTRICTED FUNDS
The Charity was dormant with NIL Funds
4. RESTRICTED FUNDS
The Charity was dormant with nil funds
| Brought forward £ Brought forward £ |
Incoming resources £ Incoming resources £ |
Outgoing resources £ Outgoing resources £ |
Transfers £ Transfers £ |
Carried forward £ |
|---|---|---|---|---|
| Carried forward £ |
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Pavilion Pre-School (Aigburth)
Incoming Resources for the year ended 31/08/2020 2020 £ Incoming resources Incoming resources from generated funds: NIL Charity was dormant
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2020
Pavilion Pre-School (Aigburth)
Expenses for the year ended 31/08/2020
£
Expenses Costs of generating funds: Nil Charity was dormant
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