IAvenbam Prexljool
ADllual Report aDd ￿nanCIal Statements
Ye4r eDded 31 Augwst 2023
Charity num1￿. 1184176

LAVEMIAM PRESCHOOL
Annual Rewtrrt and fiDaDcial Statrmexts for the year ended 31 Ayt 2023
CoDteRts
Page:
Referen¢e and admillisEr81ive drt8ils
Report of th¢ Tn￿ee8
Indep¢ndent Examiner's R¢port
Ststem¢nt of Financial Activities
Balanc¢ Sheet
Notes fonnijjg part ofth¢ Fijwicial Statements

Annual Report and Statements for the yetr ended 31 Aug•st 2023
Reference and administrntive d¢taL4
Charity name
Lavenlwn Preschool
Registered ebarfity number 1184176
Busine&s addms
Church Stre£t
Lavenham
Suffolk
C0109QT
Trnstee
R S Mawford . Chairman
D Carse. Treasurer
J M Jones
S Knight
K Humplweys
A Hyde Parker
H Upton
Pre-school Manager
Elzbieta Zlotek
Independent examiner
Wendy Bowman AAT
WB Accounting Service4 18 Peek Clos4 iavenham, SuffolL COIO 9FR
Bankers
santand￿ trK plc
Lloyds Bank plc

Report of the trustees for the ythr ended 31 August 2023
Th¢ trust¢¢s for th¢ pu[pO￿ of ¢hatity law. hav¢ pl￿￿[￿ in Wa5¢nti￿ their annual rep)rt and the fmanctal
statements of the charity for the year ended 31 August 2023.
Struethre. Governance and MaDagemeDt
Governing Doc¥ment
Lav¢nham Pr¢￿h0o1 is a Charitable ]ncorwrated Otwisation (Foundation M￿Cl) which was r¢gisteffd on I
July 2019 (reglstered number 1184176). On 19 1)ec¢D)b¢r 2019 the CIO obtained OFSTED registration and took
over the Preschool's activities and ass¢ts. Th¢ Presch(K)I previously 0￿rated &8 an unincorporated charity
(r¢gist¢r¢d number 1048612) pthich was regiSte￿d on 12 August 1995.
Th¢ trustees during th¢ y¢aT ¢nded 31 August 2023 ate stated on pag¢ l. Subsequent to this. H Upton ￿$1￿M¢d on
10 S¢pt¢mber 2023.
Rlsk managemeRI
The trustees have review￿ the major risks to which th¢ charity is eXE￿ and have ￿abliShed sy$tsms and
pri)cedures to mitigate those risks.
Objeelives #nd aetivittes
Lav¢nham Pr¢s¢hool is an ¢ducational charity whose obje¢tiv¢s to enhance the development and Cau￿tion of
¢hiRdrcn primarily under statutory sch(w)l age by ¢ncournging par¢nts to understand and provid¢ for the needs of
their children through community groups and by:
a) offering appropriate play. educ￿1(￿] and care f￿11]tieS. famity learning and extended hours groups. together
with the right of partnts to tak¢ reswnsibility for and to be¢om¢ involyuj in thc activities of such groups, ensuring
that s￿h 8roups offer opportunities for all children whatever their rncq culth. religio￿ means or ability,
b) ¢n￿VragIng the sthdy of the needs of such children and their families and promoting public interest in and
recognition of such Deeds in th¢ local
c) insti8ating and adhering to and firthering the aims and objects of the Pre-school L£arning Alliance.
The Preschool is open five days a week offering breakfast club. morning and aftern(K)n sessions, lunch club, an
aft¢r-hours club and all4ay care. We ￿ter for child￿n from 2 years to school age? preparing them for enty into
mainstream schooling. The Presch￿)1 Iyerntss from a putpose-built building, adjac£nt to tAvenham Village Hall,
which was opened in Seirtember 2017.
Performance and a¢lthvemeDts
The Preschool continued the itnprov¢ment in its fllwicial position duTingth¢ y¢ar. helped by a significant increase
in fee income. With the involvevnent of IKrth trustees and Staff, we were also able to step up ow fundrnising
efforts. ffincluding througb thc rcsumption of thc annual fireworks display, held in Conjunction with L&venham
Primary Major thanks for their ex¢¢llent work dwiDg the yeor rn￿t go to all our staff. particularly those
who showed resilience and flexibility in tsking up senior acting apwintments to cover maternity l¢av¢.

LAVENHAM PRESCHOOL
Report of the trvsttts for the year elded 31 A•gust 2023
The improved fmancial w>$ition of the Presch(K)I meantthat w¢ w￿e le&8 reliant on fillanciai support from outside
bodies than in th¢ previousyear. Butwewerc ple&sedto rtteiv¢a donation of£250 to sUpE￿oUr 2022 fireworks
display.
Plan8 for the futhre
Th¢ coming year ts likely to prove a ch811enging one with the priority being to build up pupil numbers in order to
ensuffj that our purpose-built building is fi￿lY utilised and to cover Inc￿1ng wsts. It will also be necessary to
take advantage of the opportunities provided by the Government's phased extension of free childcare, beginning
from April 2024 with the provision of 15 hours per week of educatiOD and Care to two-year children of eligsble
parents. To help to achiev¢ our objective4 from January 2024 we will be extsnding the regular working hours of
the Pr¢s¢hool to cover 8.00am to 5.00pm. This should make our service morc attractive to working p8r¢nts and
carers. In addition, because the Forest School is a major part of our offering we are r¢-bYanding ourselves as the
"Lavettham Preschool & Forest School-.
an¢ial Revie
The Statement of Financial Activities on page 5 sets out th¢ movement in fimds forthe year and the Balance Sh¢¢t
on page 6 shows the charity's state of affairs at the year en(L Includ￿ within debtors is £6.715 due from HNIRC
in respect of statutory maternity pay that could not be offt& against PAYE durin8 the year. The principa] Sources
of income are th¢ Government Funding Grant for Early Years Educatio￿ from Suffolk County Council and fees
charged for non-fimded Sessions. As noted abov4 fi￿d[aiSing also Play￿ a more sigllificant rol¢ in 2022-23.
These sources of income led to an increas¢ in total income of IP/o. Costs rose by slightly less Thith the result that
th¢ surplus rose to £23.092 ¢ompred with £19239 in the previow8 year. Reserves Stood at £53,737 at the end of
2022-23.
The ttITStees have consid¢red the level of fimds held and the ex￿ income and expenditure for the next 12
months. B&%ed on this assessmeni the tnLStees klieve that the Preschool will continue as a going concern diving
this period.
This rewjrt approved by the trDsteo¥ on l November 2023 on thelr behalf by:
4wford
Chairnian

LAVENHAM PRESCHOOL
Independent Ewiuer'y Report to the trustses of IAvenbxm Preschool
I r¢port on the aC￿ullts of Lavenham Preschool for the y¢aT eThd￿ 31 August 2023, which are s¢t out on pages 5
Respective respDDsibi1Sties of tn￿£¢3 2nd exami￿r
The tsust¢es aff responsible for the preparntion of the accounts. The ts1￿$ considerthat an audit is not requiT¢d
for this year under s¢ction 144(2) of the Cbariti¢s Act 2011 (the 2011 Act) and that an independ¢nt examination
is needed.
Having satisfied myself that the charity is not subject to audit und¢r company law and is eligibl¢ for indep¢nd¢nt
examination. it is my responsibility to:
examine th¢ accounts under wtion 145 of the 2011 ACL
. to follow the pr(Kedures laid dosvn in th¢ g￿¢raI Direction givenby the Charity Commission under se¢tion
145(5) (b) of the 2011 A¢ and
• to stats whether particular Matters have eom¢ to my attentiOlL
Bosis of independ¢nt eX￿]Der'S rep)rt
My examination was ¢￿Tica out in acc4)rdance with the Genernl Dire¢tions giv¢n by the Charity Commi&8ioners.
An examination includes a review of the accounting r￿O￿lS kept by the cFLarity and a ¢omp8fisoD of the accounts
presented with thos¢ re¢oTds. It also iticlud&s consideration of any unusual items or disclosures in the a¢¢oullts.
and seeking eXpla[￿tIonS from you &$ IT￿ collLxrning any such matters. The procedu￿5 undertaken do not
provide all the evidence that would be required in an audil and consequentty no opinion ts givell as to whether
the awwits pres¢ot a'tru¢ and fair view. and the report is limitd to those matters set out in the statement below.
Independent wminer's slatement
In connection with our exatllinatio￿ no matter has c(Kne to my at￿ttolL
l) which gives me reasonable caus¢ to beii¢ve that in any matsTial rwthe requiTqnents:
to keep ac¢ountillg reco￿ in accordaDce with section 386 of the Companies Act 2006: and
to prepare accounts whi¢h a¢coTd with the Y&counting requirements of the section 396 of the Compani¢s
Act 2006 and with the methods and principl￿ of Stst¢m¢nt of Recommended Practice: Accounting and
Reporting by Chorities have IKen m¢L or
to which in my Opinio￿ attentiOD shouldbe drawn in {￿dertO enable a propw understanding of the accounts
to b¢ re￿h¢d.
2)
W Bowman AAT
WB A￿ountIng Services
Lavenham. Suffolk COIO
30 (ktober 2023

ststement of Financial Activitsey (itteorwtyrating an Imeome aDd Expendlture AC￿ll￿1)
for the year ended 31 Allg￿t 2023
Nole Unrestrictal Restricted
Funds
2023
Totsl
2022
Total
Income froJD:
Donations
250
250
10050
Charitable activities:
Grants
Fees
Other income
86J65
41246
S6￿65
41246
82J49
1&456
34
Fundraising events
3￿4
3054
763
Investhient income
Bank interest receivable
131
Totsl iDeorne
131.496
250
131,746
112ffj56
Eipenditure OD:
Raising funds
175
250
425
Charitsble activities
108229
108229
93J27
Totsl expenditure
250
108ffiS4
93,417
Net in¢Dme
Ll092
19239
FuDd balances at I September 2022
30ffi45
30,645
11.406
Fund balances at 31 August 2023
53.737
53,737
30,645
The statement of fmancial acttvitie5 includes all gain5 and losses recognised in the year. All income and
¢xpenditure d¢riv¢s from continuing activiti¢& The comparativ¢ fi8ures for 2022 all r¢lat¢ to uDr¢stricted fimds.
exccpt as shown in note 2.

Balance sbeet at 31 August 21123
Total
2023
Totsl
2022
Note
Current A8sets
D¢btors and prepayments
Cash at bank & tn haDd
571
45985
47￿911
5SJ94
46556
Creditor5." amouots falling due within
one year
(1,657)
(15,911)
Net ¢urrent &8sets
53,737
30,645
Net assets
53,737
30ffj45
Funds
Unrestricted funds
Restricted funds
53,737
30,645
53,737
30,645
The notes on pages 7 to 9 forn] part of these fmancial statem¢nts.
The fingneial 8tatemeDts were *ppmFed by the trusteu on l November 2023 and 81gDed on their behalf by
DTRCar8e
Truste¢

Notss fonning part of th¢ fiDatstial tskntem¢Bts for Ihe Ye￿ ended 31 Aug￿81 2023
Accounting polieies
AccountingcopThepthon
These fu￿)Cial statements have i￿1 pretAr￿1 ia accord8neewith Accounting and R¢p)rtillgby Charities:
Statement of Recommended Practice appRicabl¢ to charities preparing their aC￿unts in accordance with
the FinanciaI ReportiDg Standard applicable in the UK and Republic of Ireland IFRS 102) (effective I
January 2015) - (Charities SORP (FRS 102)). th¢ Financial Re￿rtIng Standard applicable in the UK and
Republic of IrelaDd (FRS 102). The accounts (financial statements) hav¢ been prepared under the
historical cost convention with items recoguised at cost or transaction va]ue unless otherwise stst¢d in the
rel¢vant note(s) to these a¢wunts.
The charity constitutes a public Ixnefit entity as defined by FRS IO2.
Going concern
The accounts have iw prwed on a going concern b&sis which the trw*ees believe is appropriats giv¢n
the level of fimds held and the income and expenditure forecast for th¢ next 12 months from the date of
approving th&se fU￿1¢Ial statem¢nts.
Incoming resowees
All incoming resources are included in th¢ SOFA when the charity is legalty entitled to the income and
the amount be quantified with rc&fothle accuracy.
Donated services are InCh￿Ca at the yah￿ to the cbarity where this can be quantifi¢d and a thiTd party is
bearing the cosL No amijunts are includeoj in the financial statements for seTvices donated by volunteers.
Erpenditure
All ¢xp¢nditure is accounted for on an aCCn￿lS b&si4 and has been cl&ssifi¢d under the h¢adings that
aggregate all costs related tothe category. Where costs cannot be directly atiributed to particular headings
thcy hav¢ be¢n allo￿ted to activities on a b￿lS consi5tenl with use of resources.
Fundraising Costs are those incuJTed in seeking voluntary contributiotLS 2nd holding fvndrnistng events.
Support costs are those costs incurred directty in sUp￿rt of expenditure on th¢ objects of the Charity.
Governance costs are those iticurreA in CA)nnertion with compliance with co￿llUtional and statutory
r¢quircmcnts.
Tan8Yblefixedassets
Individual fixed assets costing £1,1)￿ or Jnore aT¢ capits11￿ at cosL including any incidental costs of
acquisition. Depreciation is providcd on all tangibl¢ fix¢d asset% oth¢r than freehold lan￿ so as to write
off the cosL kss estim8ted residual valu< over their expected USefi￿ Ityes.
Operating I£￿eS
Rentalg under operating leases are char8¢d to thc income and expenditur¢ ￿￿Unt as in¢utrd.
F￿￿AccouPthng
Unrestricted fund5 compris¢ accumulat￿1 su￿1￿seS and deficits on Ihe general fill￿ and designata funds.
They are available for use at the discretion of the tA￿te£S in fiwtherance of the charffitable company's
objectives. Desiguated funds are those funits desIg￿ted for a particular PUTW)se or projects at the
dAscr¢tion of the tTUSt¢es.

Notes to the financial ytatem¢Dts for the year ended 31 August 2023 (Co￿lRUedj
R¢stri¢ted fimds 8re funds which are to be used in accordance with specific ￿StrIct10n$ imposed by donors
or which have beeD raisd by the clwity for particular purposes. The CA)St of rnising and administering
su¢h funds are Charg￿ against the $￿ifiC fund. The aim and use of ¢a¢h restricted fund is set out in the
notss to th¢ fmancial statements.
DonatioDs
2023
2022
Unrestricie(L.
Lavenham Communty CouD¢iI
Lavenharn Parish Council
Lavenham Gardening Club
East of England C(
Smaller donations
2.500
3.500
300
50
Lavenham Community Council
Individual donor re fireworks display
4,500
250
Totsl donations
250
10,850
GraDts
2023
2022
Suffoll( County Council- Farty Education fuDding
Totsl grants
86565
82.549
Expenditure on Charitable actlviti
2023
202
Dired eosts
Staff costs (note 5)
Resources for childrefti
SMPPOrt coJYs
Premiscs
Other support com includtng gov¢rnAnce costs
82,017
4ffj12
74,492
1,070
&ooi
13599
8,368
9,397
108229
93,327

LAVEML4M PRESCHOOL
Not&8 to the fiDaD¢ial ststements for the Ye￿ eaded 31 Ayt 2023 (COn¢in￿d)
5 Staff ¢08ts
2023
2022
Wages and salaTi¢S
Social security ¢osts
Pension costs
Staff TecruitinenL training and uniforni costs
¢)ther staff costs
78096
72.885
1.062
863
744
965
82.017
74,492
The key maTJagement rKrsoDnel of the C￿llty Comprise the trustees and the Prescbool manager as shown on
page l. The tnths neither r¢￿1v￿ nor w8ivd any remune¥ation during the year (2021: £nil).
The avernge nwnber of employees duTing the year, calculated on a head count basis was 10 (2022.9). No
employ¢¢ had emoluments in exc￿ of £60.000 (2022: nil).
6 TAxation
The company is a registered chaTity and is not COD5idered liable to t￿tion on its inwme. Income tax
d¢ducted at source from incorne is r¢¢overable from HNIRC.
7 DebtoTh and prepayments
Includes £6.715 due from HF*(RC in rw of ststutory maternty paythat¢ould not be offs¢t against PAYE
during the year.
A provision of £460 for bad and doubtful deiks in ffsrRct of overdue fee income has been d&lucteil.
Funds Summary
Balance at
Fund movements
BAlanee at
I September Incoming Rosourew TrnDsfer 31 August
2022
resourres
2023
R&81rleted funds
250
250
Unrestricted funds
3Q645
131h96
108M4
53.737
131,746
108ffj54
53.737