2024-08-31-accounts

Little Fingers Pr&school CIO 1198706 The Gospel Hall Vernham Dean Andover SP11 OLD Emall: [e-mail] Telephone: [phone] Little Fingers Pr&school CIO Annual accounts for the period 1st September 2023 to 31st August 2024 Summary report Irom Trustses Little Fingers CIO conlinues to act as Ihe landlord of The Gospel Hall in Vemham Dean, providing premises lor little Fingers Pr&￿h(￿)I. The CIO was establish&J to faciltlale the acquisition of the free￿Id propety and ensure iorMJ-term sjstainabilty for the ddivery of earfy years ￿l￿atIon in the village. The trustees remain the same as la* year" Carolyn Coleman (Chair) Tessa Willis Henrietta Gamer Leanne Shuttleworth The transler froffl the prevrous unincortK>rated slructure to the new CIO remains in ptDgress. Although the CIO was fomially established in April 2022 and the purchase of The Gospel Hall was completed on 17th Cktober 2022, the full adfflinistrattve aNI1gJal transfer has fK)t yet been completed. This ￿ntinUeS to be a PFiority for the trustees. During ihe linancial year ending 31sl August 2024, the CIO receiv￿ £23,346.50 in in(x)me, including a grant of £10,346.50 and £18,(1￿ in ¢x)ntnbutions from the pre-school towards runnir costs. Expenditure totalled £3,082.43. irduding loan repayments. utiltties, arKI essential building works, resulting in a net eash fuNJ of £20,264.07. The property remains the charty's rn￿ signrficant ass￿, atKI the trustees are o)rnm5tt￿J to maintaining tt lor the benefit of the prtrschool and wider communty. We corrtinue to be grateful lo our funders, sup￿)rterS, arKI the pre-thl team for their d&Y￿K)n aTrJ thared ￿)mM[trnent to securiro this vital village provision. For further inf0M￿lon, (x)rtatt:

Treasurer's Roport For the year endefj 31st August 2024 Little Fingers CIO l am pleased to present the fInar￿la1 reFK)rt for Little Fingers CIO for the 1 * September 2023 to 31 st August 2024. Overview Little Fingers CIO operates as the landlord to Little Fingers Pre-thK)l. provyding secure and maintained premises to support early years edLralion in our community. The Die-scF¥)ol COFltributes £1,2(x) montn towards the running (x)sts. which fortns the back￿ne of our rwjular income atKI helps ensure the sustainath.lity ol the chartty. Receipts and Paynnts Account During the year, the charity received total Ir￿ome of £23,346.50. ￿MpriSi￿.. Grants: £10,346.50 Pre-school (x)ntributions towards runniThJ ￿S.. £13,(XM).(X) Our regular income from the [￿e-￿h0O1. totallirg £13,IKKI, refleLts their orKJoing use of the premises and their valued partnerthip. Expenditure for the year amount￿1 to £3,082.43. made up of: Complrter costs.. £5.04 Loan repayment (Little FitYJers Pre-scthl).. £1.015.IX) Building works.. £1.855.(X) Utilities.. £207.39 This resulted in a nel surrAus of £20.264.07. whith strerwens our reserv&s ensures we are well positioned to maintain the property and meet future ob]i9ations. Balance Sh￿t as at 31sl August 2024 The balan￿ sheet reflects a stable financial p)stK)n. with total assets of £173.111.17. This is madè up of". Freehold property {at ￿#). £157,(KM).(X) Bank account: £16,111.17 There are no signth.cant current liabiltlies beyond the loan (￿ttle FirKJers Pre-￿hOO1). After de(IL￿ting liabilities, net assels stand at £173.111.17. represented ty: Fix￿1 assets." £152,847.10 Cash lur]ds. £20,264.07 Summary The organisation remains in a stroru financial pwtion, thanks to careful management and the stability ol income from the pre-school tenancy. As landlord, Little Fingers CIO is committed to maintaining the premises to a high starKtard and supwrtirg the valuable work of the pre-sc￿01.

Little Fingers CIO Receipts and Payments J£counts For the period 1st September 2023 to 31st August 2024 Receipts Donations Grants Contribution toward5 runnirg costs 10.346.50 13,CQO.00 Total 23346.50 Payments Computer costs Loan repayment (LF) Building works Utilitues 1.015.00 1,855.00 207.39 Total 3m2.43 Net of receipts/cash fuThls 20264.07

Little Fingers ao Balance Sheet as at 31st August 2024 Fixed Assets Freehold proFerty lat cost) Ba nk Account Total Assets 157.000.00 16,111.17 173,111.17 Less Current Llalxlitie5 Loan ILFI Rpayment ILFI Net Assets 173,111.17 Represented by: Fixed Assets Cash funds 152,847.10 20.264.07 Total 173,111.17