## WESTON POINT PRESCHOOL
Charity number 1193771
Annual Report and Financial Statements
for the period ending 31 August 2023
## WESTON POINT PRESCHOOL
## Annual Report and Financial Statements
for the year ending 31 August 2023
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 3|
|Examiner's report|4|
|Receipts and payments account|5|
|Statement of assets and liabilities|6|
|Notes to the accounts|7 & 8|
## **Prepared by the Greater Merseyside Community Accountancy Service**
1
## WESTON POINT PRESCHOOL
## Trustees' report
The Trustees during the year were: **Name Position Dates** Philippa Hammond Pauline Nicol Chair appointed 1 Sept 22 Kate Silcock appointed 1 Sept 22
The Nursery Manager of the charity during the year was Lynne Johnston
## **Method of appointment**
Election annually by AGM, or interim appointment by trustees until next AGM.
## **Principal address**
Weston Point CP School Castner Avenue Weston Point, Runcorn WA7 4EQ
## **Bankers**
Natwest Bank plc 53 High Street Runcorn Cheshire WA7 1AQ
## **Governing document**
Charitable Incorporated Organisation registered with the Charity Commission for England & Wales on 10th March 2021 registration number 1193771
## **Objects of the organisation**
The charity works for the public benefit having as its objects the development and education of children and young people in particular by:
Promoting their care and safety; promoting their education and promoting parental involvement; promoting their health and wellbeing; providing services to support them and their families and carers;
Providing services to individuals holding membership of the CIO and furthering the aims of the pre-school learning alliance.
## **Independent examiner**
on behalf of:
## **Greater Merseyside Community Accountancy Service**
St Marie's Lugsdale Road Widnes WA8 6DB
2
## WESTON POINT PRESCHOOL
## Trustees' report continued
## Financial Review
The charity reports a deficit on the year of (£3,414)
## **Policy on Reserves**
Sufficient reserves are retained to cover the costs of an orderly closedown should the funding not continue, principally staff redundancy costs, with a margin to cover short-term fluctuations in cashflow and unforeseen expenditure.
3
## WESTON POINT PRESCHOOL
## Independent examiner's report on the accounts of WESTON POINT PRESCHOOL
## for the year ending 31 August 2023
I report on the accounts of the charity set out on pages 5 to 8
## **Respective responsibilities of the Management Committee and the examiner**
As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 of the Charities Act 2011 (the Charities Act) does not apply and that an independent examination is needed.
It is my responsibility to:
q examine the accounts under section 145 of the Charities Act;
q to follow the procedures laid down in the General Directions given by the Charity Commissioner under section 145(5)(b) of the Charities Act: and
q to state whether particular matters have come to my attention.
## **Basis of Independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- 1) which gives me reasonable cause to believe that in, any material respect, the requirements:
- q to keep accounting records in accordance with section 130 of the Act; and
- q to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act
have not been met; or
- 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Jane Williams MAAT **Greater Merseyside Community Accountancy Service**
St Marie's Lugsdale Road Widnes WA8 6DB
4
## WESTON POINT PRESCHOOL
## Statement of Financial Activities for the year ending 31 August 2023
|Notes
2023
Unrestricted
funds
£
**Receipts**
Nursery Fees
(2)
29,474
Halton Borough Council: EYPP
66,515
Fundraising
657
Other
426
Voucher
108
Trips
751
Uniform
140
Quality Supplement
6,067
Breakfast Club
4,889
**Total receipts**
109,027
**Payments**
Salaries and NICs
(3)
89,020
OFSTED
47
Activities
353
Equipment
15,214
Sundry
418
Accountancy
320
Telephone, printing, postage & stationery
1,037
Photo & Uniform
289
HR Support
930
Insurance
1,326
Payroll fees
454
Charity Donation
2,000
Training
1,033
**Total payments**
112,440
**Net receipts / (payments)**
(3,414)
**Cash fund balances brought forward**
64,562
**Cash fund balances carried forward**
61,149|2023
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|2023
Total
funds
£
29,474
66,515
657
426
108
751
140
6,067
4,889
109,027
89,020
47
353
15,214
418
320
1,037
289
930
1,326
454
2,000
1,033
112,440
(3,414)
64,562
61,149|2022
Total
funds
£
22,307
65,203
141
4,102
1,069
386
16
3,762
-|
|---|---|---|---|
||||96,986|
||||94,597
64
350
10,129
533
450
936
-
119
1,225
655
3,000
525|
||||112,583|
||||(15,597)|
||||80,159|
||||64,562|
5
## WESTON POINT PRESCHOOL
## Balance sheet
## as at 31 August 2023
|2023
Unrestricted
**Fixed Assets**
£
Tangible Assets
-
**Total fixed assets**
-
**Current Assets**
Debtors and prepayments
-
Cash at bank and in hand
(3)
61,149
**Total current assets**
61,149
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
-
**Total current liabilities**
-
**Net current assets / (liabilities)**
61,149
**Total assets less current liabilities**
61,149
**Creditors: amounts falling due after one year**
-
**Net assets**
61,149
**Funds**
Restricted Funds
Unrestricted funds
61,149
**Total Funds**
61,149|2023
Restricted
£
-
-
-
-
-
-
-
-
-
-
-
-|2023
Total
£
-
-
-
61,149
61,149
-
-
61,149
61,149
61,149
-
61,149
61,149|2022
Total
£
-|
|---|---|---|---|
||||-|
||||64,562|
||||64,562|
||||-|
||||-|
|||||
||||64,562|
|||||
||||64,562|
|||||
|||||
|||||
||||64,562|
||||-
64,562|
||||64,562|
The financial statements were approved at a meeting of the trustees held on and signed on its behalf by:
Pauline Nicol Chairperson
6
## WESTON POINT PRESCHOOL
## Notes to the accounts
## for the year ending 31 August 2023
## **1 Accounting Policies**
## **a Basis of accounting**
The Trustees have taken advantage of section 144 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
## **b Taxation**
As a registered charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **c Fund accounting**
Funds held by the charity are either:
## **Unrestricted general funds**
These are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
## **Restricted funds**
These are funds that 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**
These are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
7
## WESTON POINT PRESCHOOL
## Notes to the accounts continued
## for the year ending 31 August 2023
|**2 Grants and Donations**
Donations
**3 Bank and Cash**
Current account|2023
Unrestricted
funds
£
-
-|2023
Restricted
funds
£
-
-|2023
Total
funds
£
-
-
2023
£
61,149
61,149|2022
Total
funds
£
-|
|---|---|---|---|---|
|||||-|
|||||2022
£
64,562|
|||||64,562|
## **4 Trustee remuneration and expenses**
During the period no trustees received any remuneration or expenses
## **5 Related party transactions**
There were no related party transactions to report during the accounting period.
8