Cbarlty No: 298642 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 FOR CH HkDHAM PRE.SCHOOL Crown House 151 High Road Lou¥hton Essex IG104LG MUCH HADIIAM PRE-SCHOOL COKIELYIS OF THE FTYANL CIAL STATEMENTS General Infornjation Rqjort of the Trustccs Statement of FEnancial Activitie8 Balance Sheet Notes to the Finan¢i#l Statetllents 9-13 Report of the tndependent Examiner 14 MUCH HADHAM PRE4CHOOL GENERAL INFORMATtoi¥ for the Ye*r Ended 31 Au ust 2024 TRUSTEES: Reb¢cc2 Mcmurrny (Chair) Mr Aaron Hansen Mr8 Maria Pavlou Mrs Charlotte Lant Katherine Gale Sarnb Mcketu ADDRESS: Oudle LaDe Much Hadham Hertfordshire SGIO 6DQ INDEPEI¥DEI¥T EXAL￿ElL. Jan Ri¢kler FCA Chartered Accounlant Alwyns LLP Crown House 151 High Road Loughton Essex IGIO 4LG CHAiufY REGISTRATION NUMBEIL. 298642 Page I MUCH HADHAM PRHCHOOL REPORT OF THE TRUSTEKS for the Year Ended 31 Au st 21124 Much Hadbam Pre-school (forn)erly Much Hadham Playgroup) is a regi8tercd charity and a member of the Early Years Alliance (the trading name of the Pre-school Leaming Alliance). We aim to provide care. educaiion. and fijn for the pre-.gchcM)l aged children of Much Hadham and the surrounding area &lld are reguloted by Ofsted. The Trustees have adopted the provisions of the Statement of Recottmiended Practice (SORP)"Accounting and Reporting by Charities" (FRS 102). The repon includes an account of thoge activitics undertaken by the charity to ￿rther its charitable putPO8e8 for the public benefit. They havc also complied with the duty in the Charitie$ Act 2011 co have rcgard to public bencfit guidance published by thc Commission. The conimillee members for the year 2023124.. Mrs Rebecca Mcmurray (Chair) tioined 18 Jartuary 2024) Mr8 Louise Ansell Mr8 Aaron Hansen cfreasurer) Mr8 Camilla Hart (joined 14 Septernber 2022) (resigned 3 July 2024) Mrs M4ri& Pavlou (joined 14 September 2022) Mrs Charlotte Lattt ts'oined 18 Jattuary 2023) Mrs Sarah Mckenna (joined 7 Marcb 2024} Mrs Katie Gale (ioined 3 July 2024) The Committee wag elected for a temi of one year. alld most will become eligible for re.electio￿ provided they have not alrL'ady Served Jnore than 6 years. 6O•/ts of the Commlttee must be parents ofeh(tdreD at Pr&Scbool at tbe time of thelr electlon. Election 18 by voting by al) attending the Annual Genernl Meeting. All parent8 of Pre-SGhool children are invi￿d ro that meeting. Chalrm4n'5 Re M￿h Hadbam Pre-school fY*dHPS") opernte¥ ID & puwse-built building in the ¥rou[￿S of St Andrew'8 CotE Primary School f'st AndTew's School.?. The buildin¥ al￿ the lalld oll which it ¥tands is owned by the Diocese of St Albatts. whieh th owns St. Andrew's School. MHPS has a 50-year lease over th building at a rellt of £IOperanllum. This lease gives MHPS the right to use thebuilding unlil 12'.45pm eachday. StAndrew's Sch￿1 ha￿ the rigbt to use the building in the aftemLKins. However. St Andrew's School opened its own Early Years Foundation Untt in September 2011 which mean5 that it no longer uses the Pre-school buildillg. Tberefore. the agreement of Si Andrew's School, MHPS continues to bave Sole use of the building and addAtioTMI ILmch club and afternwn sessioDS to complement St Andrew's Schools Early Years Foulldation UniL whicb only Lulls in the momings. kncordingly, Duny of the Children attending St Andrew's Early Years Foundation Unit in the mornings lljake use of th¢ Pre-school hwch ¢lub and afternoon sessions on at least one day of the week. lu addition, since s￿lember 2019 MHPS nLTts br¢akf&s¢ and after-school clubs to 5UPPOrt the families of St Andrew's School. St Andrew's S¢1￿01 has a duty to nuintaill the buildillg twt budgetary cottstraitits withitt St Anthew'g School and the Close workingrelationship andco-operation beh¥een Si Andrew's School alldmuchHadha￿Pre-s¢h￿l havc meaut thai, iti practice, Much Hadham Pre-school Iw always largely met the cost of maintellaucc of the building. kn St Andrew's is not Currently using the building the running costs fall to Much Hadham Prtrschool. Page 2 Mi&CH HADHAM P￿SCHOOL REPORT OF THE TRUSTEES for the Year Ended 31 Au ust 2024 D4y ts Day In the year to August 2024. MHPS h&s continued to rull the following sessions 5 day5 per week duriog terni time-. for prtr8ehool *ge Cl￿dren lover 2 years to tbe September they start school reception) a morning 5es8ioll from 9arn-12ptn for lllly children a luoch club from 12pM to Ipm for any children ov¢r 3 years.. and all afternoon session from Ipm to 3pm again for any children over 3 years,. for Atty Cl￿dren 18ed 3 years and above attsndkng St Andrew's Sehool and MHPS: a breakfast club (i￿lUdIng breakfa￿t) frotu 7.30atn to 9arn" and an after-school chth (including a light rneal) fTom 3.OOptn to 6pm oo Mondays ts Fridays Numbers have risen in all sessions after the lower numbers experienced followillg the COVID years and are ow very healthy. Advertising in local parish magazines. a number of Bishops Stortford papers including The Indq)endetLt and s￿ad Days and in local shops, supemarkets and the library could bave all contrtbuted to the increase in nutnbers. Numbers are particularly ]ugh in both the breakfast and after-school clubs. St4ff Th¢ MHPS Staff ￿ at the year ettdin8 August 2024 are.. Mrs Maria Pavlou (MaD8ger, Early YeaTS Found&¢ion degr￿}. Mr8 Jayne Clatke (Deputy Manager and Senco, NVQ I£vel 3); Mrs Alison Kitson INVQ LLvel 2). Mrs Marlene Bilson {SENCO and NVQ Level 2). Mrs Joanne Raffill {QTS): Ms Chorlotte Hartttell INVQ I,evel 2) Mrs Julia Kendle INVQ Level 3) Mrs Cathy O'sullivan (NVQ Level 3) Mrs Marie Rannow INVQ Level 3) Mrs Alison Woodley (Admini8tratorl MTS Renata Godfrey {¢hth supervisor) M8 LJJCY Harknell (Glub supervisor) StstTll￿ levels have enabled us to have ai least 4 members of staty per day when r4uired and to cover the additional breakfast and aft¢r-5chool se88ion8 offered. A5 necessary, staff have attended additional professional development trdining &8 appropriate including safety alld first aid traiuing in this f￿anCIal year. All stsff hold valid f]rst aid certificate5, child protection knowledge is up to date and appropriate staff hold tbc necessary food hygt¢ne certificate. In October 2023 staff contracts were clwi8ed, rnovillg fijll tiTne etuployee5 fro￿ hourlyrate contracts to salaricd employ¢e$. In addition to tbe new co[￿ac1S, ellLployees were given weeks of holiday pay. Moving the staudard contract to 15 hours a week, for 45 weeks of tbe year (39 Fthing weeks plug 6 holiday wceks). Stsff on low hour5 rernain on the hourly rate contracts. In additio￿ stsff salartes were increased in April 2024 by Sop. P4e3 MUCH HADHAM P￿SCHOOL REPORT OF THE TRUSTEES for the Year Ended 31 A usl 2024 In summer 2024, the buikling was inSpeC￿d for Reinforced Autoclaved Aerated Concrete (BAAQ in lin¢ with govenuneni guidan¢¢. No RAAC was identsfied within the Much Hadham Pre-SchcM)I premises, alld w furth¢r tion was require Much Hadham Pre-school continues to be very proud of its excellent staff alld continues to be comtnitted to their training and developrnent. The Committee thank all of our wonderful staff for their hard work and dedication throughout the year. F4odrniwng andEvents Each te[￿ MHPS held fimdr8isin8 events including: The Pulllpkiu Party, which rdised approx £300, our Christmas wr¢attrA making which raised approx £800. the annual Lambing mornin8. and a yoga and sound bath evening in Mar¢h 2024. In June 2024 MHPS hosted its bi-aDnual ball. The ball is the biggest fundraiser for MHPS and this year Taised approx £12,000. Fundratsing is an area that is continually considered and rtviewed by the committee for the upcoming year, ¢nsuring that the Much Hadbam Pre-sch￿1 is viable. Our A$5iSted Places S¢hem¢ fvnded by our fi￿draIsIng events retllained able to offer 2 asststed places for children who We￿ in need during this fmancial year. Eypenditsre This year, there has been no huge expendityre needed on the building. The Much Hadham Prevschool Committee contillue5 to be COt￿l0uS that the costs of ￿aintaining the Pre- School building in future years will have to be substantially (if notwholly) borne by Much Had1￿ll Pr¢-S¢hool. The Committee therefore continue to reserye fimds for this purp)se. General The Mucb Hatham Pre-scbool Coll)mittee continued the appointsnent of Day Coral Mead t(> ¢arry out the athnillistrative aspects of the Treasurer role such as book keeping, salaries, pensions, invoiciug etc and tbank5 them for their diligence in their Tole. In 2023124 the Tru5t¢es d]￿u￿¢d potential expansion to the Pre-school. At this stage tbis is not 50methtng we arE progreyying witb but will colltinuc to review tbroughout the year. Finally. a huge thank you to ail members of the Much Hadbam Pre-schwl Committee for all their efforts thii year. All members of thc Comznitsee have worked very hard and have been most generous with their time alld skill5 and fvOIPS 18 indebted for the support. Page 4 MUCU IIADHAM P￿SCHOOL REPORT OF TBE TRUSTEES f•r the YeAr Ellded 31 Au USt 2024 Treasurer's Re ort The Statement of Financial Activities which follows h&8 been reported OD by an Independent Ex￿nIner. As at 31 August 2024. the Pre-SctLooI had unrestrtcted fjjtth of £101.061. For the year ended 31 August 20243, Mu¢h Hadham Pre-school generated a surplus of £15.995 compared to a lleg&tive Jnovemellt of £12,758 irt the prior ye4r. Our income of £213,771 illcluded (i) £171,836 of chIldca￿ ￿ndIng provided via Hertford$hiT¢ County Council and fc￿ paid by parents OT employer childcare vouchers for sessions not covered by Gov¢rnrneDt fiwding,. (li) bank interest of £627; and (iii) other income of £40.871. Therewa8 a total ¢xpcTrditure in the yearof £197,776. Ournvdin costs were salaries (£112,967), utilities (£8,594). building improvement and m81n￿nance {£2.972). catering (£6,258), which u shown ￿ the accounts ￿ 'Snacks. ilk etc. d rnaterials & equipmellt (£6.352). This was ourfirst year of profits 8ince 2019. while the preseb(KTrl hay been close to even on income attd outgoing in the last few years, it h8s bcen on the Ioss 8idc of thc line each timE, 80 It 18 hEartening to see us on the 'right' side! That being saiiL th¢T¢ Wete two big fa¢tt>n that gav¢ ys the SLuplus this year. f￿St]Y. tbe ball which ￿cOunt8 for £12K of the £16K sutplus, aod secotLdly we had no big expellditure$ on n￿illIe￿an¢e. We do have soine big mv4intenaD¢e spend5 ¢oJuin8 iti tb¢ 2024k2025 year. We increa5¢d stuff $atsries by about 6/• iti April 2024 in line with the rise in living wage. Staft'salaries are the rnain cost of the preschool, making up more than 60•/￿ of ow spending, they are also crn¢ial to what the pre%hool and we are committed to making sure they are well rewarded for th¢ excellent work they do. We kept our fees unchanged overthis period, reflecting ourdesire (o keep the pr&4cbool as affordable &spossible. In the future our fees will be revised as necessary based on our financc Page S MUCH HADHAM PRE.SCHOOL sTA[EL￿lENT OF TRUSTEES, RESPONSIBILrriES for the Year Ended 31 Au U5t 2024 The ¢rysie¢5 ar¢ responsible for preparnjg the Annual Re￿￿ and the financial 5tstements in accordance with applicable law and Tegulations. The law applicable to charities in England & Wale5 requires the In￿tteS to prepare financial thtemett¢$ for fmancial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The (Th￿tee$ tnust not approve the financial ststements UDle55 they ar¢ $a¢isfied that they givc a true and fair vicw of the state of affairs of the charity and ofthe incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the ttustee5 are required to.. a) yeleKt suitable accounting w)licies alld apply them consi8t¢ntly,' b) observe thc methods and principles ill the Cbarities SORP- c) rnake judgments and accounting estimates that are reAsonablc and prndent. d) slate whether applicable UK Accounting Standards have been followed, subject to any n￿terial depar￿[c5 th"sclosed and explained Ln the financial sraiements. e) prepare the financial ￿atements on the going concem basis uoless it is llw)propriate to presutne that the will continue to operate. The ttu%tcc.% are responsible foT keeping sufficient ¥4ccounting records that dI￿108C with reasonable accuracy at any time the financial positloll of the charity and enable them to ensurc that the financial statements comply with the Charities Aot 2011, the Charity (Accounts and Report5) Regulationg 2008 and the provisions of the tsust deed. They are a150 responsible for safeguarding the a85et5 of the chartty and hence for taking re&8onable steps for the prevention and det￿tion of fraud and other iwlarities. BY ORDER OF THE BOARD OF TRUSTEES R Mcmurray Chair Date.. 1410112026 Pag¢ 6 MUCH HADHAM P￿scHOOL STATEMENT OF FINANCIAL AcThvmES For tbt Ye*r tllded 31 A u3t 2024 Unrestricttd Funds Restrictod Fvnd PlaygTDllnd Fund Totsi Totsl G¢ner41 2D24 2023 INCOME AND EIYDOWMENTS FROM: DrtrnAdons legaeles Voluntary income from events 437 437 4,615 Charltxble aettvldes Otber tradlng *etiv1tle￿ fuDdralBlng eveDts Investment Income 171,836 40,871 627 213.771 171.836 40.871 627 213,771 162,426 329 167J70 TOTAL EXPENDnURE ON: Ral8ing futtds 33,120 33,120 Ch8rltible •¢tivitie$ Governlnee co%ts TOTAL RESOURCES EXPENDED 163,043 1,613 197,776 163.043 1,613 197,776 178,696 180,128 NET INCOMEJ(EXPENDITURE) 15.995 15,995 112,758) TRAYL SFERS BETWEEN FUNDS NET MOVEMENT IY FUNDS 15.995 15.995 (12.758} RECOIYCILIATION OF FUP4DS: FUNDS BROUGirf FORWARD 85,066 85.066 FUNDS CARRIED FORWARD ioi,ooi 101,061 Page 7 MUCH HADHAM PRE-SCHOOL BALANCE SHEET Asat31 Au 115t 2024 31.824 31.8.23 Notes FIXED ASSETS Tal￿1￿le assets 8.834 18,036 CURREI¥4T ASSETS: Debts)rs 3.416 11,040 Cash at barLk 92.830 96,246 CREDITOIL8: Amounts falltng duc within otle year 4.019 I¥ET CilRRKNT ASSETS 67,030 TOTAL ASSETS LESS CURRENT LIABILITIES: 101061 85.066 Unrestricted fimds 101061 101.061 APPROVED AND AUTHORtSED FOR ISSUE ON BEHALF OF THE TRUSTEES: Page 8 MUCH HADBAM PRE.SCH(X)L NOTES TO THE FINANCIAL STATELlffNTS for the Y¢ar Ended 31 Au 5t 2024 ACCOUNTING POLICIFS Accounting CODventloD The financial st8temellts of the ¢h8rity. which is a public benefit entity under FRS 102, have been prepared in accordance with applicable accounting standards illcluditig FRS 102, tbe Financial Reporting StAnd&rd applicable in the UK and Republic of Ireland, the Charities SORP (FRS 102) 'Accouniin8 alld Reportillg by Charitie8: St8remeot of Recommended Practice applicable to ¢lwities preparillg their accounts in &ccordallce with the Finallcial Rq>orting Standard applicable in the UK and Republic of Irelat]d (FBS 102) (Second Edilion) and tbe Charitie% Act 2011. The financial statements have beenprepared under the bistorical cost convenuon. The finallcial statements have been PTepaTed to gtve a 'tNe and fAir' view and have departed from the ChaTitisy {A¢¢ounts and RetMTrrtsl Regulations 2008 only to the extent requitrd to provide a'trne and fair view.. This departur has involved following Accounting and Reporting by Charities preparing their acwwits ill acwrdallce the FIna￿CIal R¢porting Standard applicable in the tJK and Republic of Ireland (FRS 102) (Second Edition) rather ttwi th¢ Ac¢ouuting and Reporting by CbaTiti¢3'. Stat¢m¢nt of Rwommended Prdcti¢¢ ¢fftctive from l April 2005 which has $in¢e be¢n withdrawn. accordanLe with FRS 102 (3.3 A), the Cl)arity is a public bellefi¢ entity that has app]i¢d the "PBE" prefjx pard¥raphs. The statetllents are ryesenied iti sterling and roLmded to the nearest £1. GolDg e•)ncerD The trustees Consider that thereare no materialullcertainties about the Chariry's ability to ¢otttitLue a8 a going C0￿crn. Income All income is recognised in tb¢ Ststement of Financial Activities once the cl)arity has entitlEllLEllt to the fjJnds, it is probable that the income wAll be ￿tiVe￿ and the amount cao be tDeasured reliably. IncoDLc is generated frorn pre-school childrcn attendance fee8, and somc are funded by the local GovernttMt grants. Grants Revenue 8￿1& are included in the Incorne attd Expenditur¢ Account in th¢ year to whi¢h they relate. All other in¢¢)m¢ 1$ included in the year in whieh receivcd. Expendlture Liabilities are recogtiised as expendiDJre as goon 88 there is a legal or constructive Obligation comrnttting the Charity to that expenditure, it is probable that 8 transfer of economic benefits will be required in settlement and the amount of the obligation cin be measured reliably. Expendittll? is accounted for on an aeeruals b&8ig 8nd has been classified under headings that aggregale all costs related to the category. Whetr costs cannot be directly attributed to headings. they havobeen allocatsd to activities on a basis consistent with the use of resources. Tangible fixed assets TanEknI 1¢ fjxed assets are sthted at cost less accumulated depreciation and any impatrniellt I0￿e& Dq)reciation is provided at the following annual rates in order to write off each asset over its estitnated usefill life: Play¥round Equipment- 33.3V/o straight line Fixtures and Fittings- 33.3 /0 Straight line C*8h at bank and kn hand Cash at bank and ill Iwid iucludes,. bank current accounts al￿ bank deposit aeeounts with no withdrawal limitations. Page 9 MUCH HADHAM PRE.SCHOOL NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 Av ust 2024 Creditor credito￿ are recognised where the charity a preseth oblig&tion resulting from a past event that will result in tbe transfer of fuDd% to a third paty and the amount due to settle the obligation can be meawred or estimated reliably. Creditors Are recogni8ed at their SEttlement ￿nOu￿L FlnanelAI Instruments Finattcial assets and f]nan¢ial liabilities are Tecogoxsed it) the st8tetllent of finallcial posititsnwhell the Charitybccomes pfirty to the contractual provisions of the instnJmenL Trade {including rental) and other debtors and creditors are Cl￿81fiCd ￿ b&8ic financial instsvments and measured at initial recognitioll at tra1￿ctiOn price. Debtors and crEditor5 are Subwucntly rneasurcd at amortised cos¢ using the effectivE interest rdtc tlletlL(NJ. A provision is established wlLen there E8 objective evidcnce that the Clwity will not be able to collect 811 a￿DUllts thie. Cash and c&th cquivalcnts arc cla&8ified as b&8ic financi81 inthuments and compri8e c￿h in hand and at banL ghort- ierni bank depo8its with an OTiginal maturity of tbree tnonths or le8y and b4nk overdrafts which are an intewl part of the Chsrity'8 c&8h management. It]tere8t bearing bank loans, overdrafts and other loHn8 which meet the criteria to be classified as basic finAncial instrnments are initially recorded ￿ the present value of cash payable to the bat￿, which is ordjnarily equal to the proceeds received net of direct iysue co8￿ These iiabilitiey are subsequently meA8ured at amortised COSL using th¢ effective interest rate metho Fund accoundng General funds are unTestricted which are available for use at the discretion of the tn￿tee$ in thrtherdllce of th¢ general objectives of the chatity aDd which have not been designated for otherpuq)oyey. Restricted funds are funds wbich are to be used in ￿COrdanCe with specific restrictions imposed by donors or which have been rai%d by the charily for sp￿lfi¢ pu￿05¢$. The Cost of Taising and administering such ￿nd5' are cbarged against the specific fimd. Value Added Tax The charity 18 not registered for Value Added Tax. Ill these Financial Stat¢m¢nts, where applicabk, expenditute is 51Lown itLclusivc of VAT. TAXATION The cotnpany 15 a regi5teTcd cbarity as defined in the CILaritics Act 2011 and a8 such no tsKation h&s been Provid￿ for on thc chartty'5 charitable ￿tIvItIeS. Pag¢ 10 MUCH UADHAM PRE4CHOOL OTES TO THE FINANC￿ STATEMENTS for the Y￿r Ended 31 Au 118t 2024 TATr4GtBLE FIXED ASSETS Fixtures & Playground Flttln lll Totals COST: As at I September 2023 34,781 17.11 51,888 Additiotjs 464 464 As. at 31 August 2024 DEPRECIATION: A& at I Septeniber 2023 Ch￿e for year 16.745 17,107 33.852 AS 8t 31 August 2024 T BOOK VALUE: As at 31 August 2024 8,834 8,834 As at 31 August 2023 DEBTORS: AVIOUNTS FALLING DUE wrrHIN ONE YEAR 31J.24 31.8a3 Fees thie 3.416 11.040 3.416 CREDITORS: AMOUNTS FALLING DUE WtTlllN OTriE YEAR 31.8.24 31.8.23 Other creditors kntD¢d expenses- AecountancylPayoll 624 Pagell MUCH IIADHAM PRE￿cHOoL NOTES TO THE FINANCIAL STATEMENTS for tbe Year Ellded 31 Au st20 TRUSTEES, REMUNERATIOL¥ BENEFITS There was trustees. remuneration of £18,012 for the year ended 31 August 2024 (2023.. £16.697). Trll8tee$' Ezpense8 Ther¢ were no tsustees, expenses paid for the year ended 31 August 2024 t]or for the year ended 31 August 2023. STAFF COSTS 31.8.24 31.8.23 Wages and salaries Employer's pension 111,627 1,340 111.393 1,299 112967 112692 o. The average number of persons ejnployed during the year w 10 Pag¢ 12 MUCH HADHAM PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENrs for the Year Ended 31 Au ust 2024 COMPARATtVE STATEMENT OF FINANCIAL ACTTVITIES UDrestricted Funds Restricted FuDd Playground Fund Total Total Notes General 2023 2022 INCOME AND ENDOWMEI¥TS FROM: Douatlon8 and Iw¢ies Voluntary income fro￿ events 4,615 4,615 Ch4ritsble #ctivltles Other 162,426 329 162,426 329 144,135 47 TOTAL 167.370 167,370 144.190 EXPENDITURE ON: RatsiDg fullds CbaritAble a¢tivitie GoverllAnce costs TOTAL RESOURC£S EXPEL¥DED 178,696 1.432 180,128 178.696 1.432 180,128 181,762 1,363 183 125 NET {EXPENDITiIRE) 112.758) (12.758) (38,935) TRANSFERS BETWEEN FUNDS NET MOVEMENT IN FUNDS (12.758) (12,758) (38.935) RECONCILJATION OF FUNDS: FUNDS BROUGKf FORWARD 136759 FUNDS CARRIED FORWARD 97,824 Page 13 MLICH HADIIAM PRE4CHOOL REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF MUCH ￿HA￿ PRE.SCHOOL I report to the charity trustee5 on my cxaminatiott of the fmaneial statemettti of the Charity for tbe year ended 31 August 2024 as set out oll pa8e$ 7 to 13. 1This report is owde solely to the clwity's trustee8. as a body. in accordance with Seetion 145 of the Charities Act 2011. My work has beeJ2 undertaken so that l ttlight state to the clwity's ttustees thoge matters I am required tr> state to them in this rwrt attd forno other purpose. To the ￿lIest extent pemhitted by law. I do not ￿tept or aggume respon8ibility to anyone other than the charity attd the charity's ttu8tees body. for my WOTk. for this reFK)rL or for thc opinion8 1 have fonne(L Respo￿$1b111tffie8 #Dd baslj of report AS the trustees of the Clwity YOU are resp011817Jle for the preparnuon of the finallcial statemeDt8 in accordancc with the requirements of the Charities Act 2011 ('the Act,). I re￿rt in reSp￿t of my examinaliou of the clwity's fujancral State￿¢ots caTTied ¢)ut uu(kr 8wtion 145 of the Charities Act 2011 ('the 2011 Act'l and in canying out my eX￿Ination I have followed all the applicable Directions given by the Charity Con]mi8sion under section 145(5)Ib) of rhe 2011 Acl. An independent exan]inatiOn does not involve gathering all the evidellc¢ that would be required in an audit and ¢on8equ¢utly does not cover all the matters that all auditor ¢tsn8ld¢￿ in giving tbeir OPiJLion on the fmalleial ststemellis. The platinin8 aud conduct of an audit go beyolld the limit¢d assur8ll¢¢ tbat an independent exatnination call provide. Consequently, l express no opinion &$ to whether the fin8mcial statements pr¢8¢ttta 'tru¢ and fair, view andmyrewjrt is limitrd to those speclfic matters setout tttthe ]tid¢pellde￿ exaMi￿r'S 5tstemenL tudep¢lldent examlner's Statement I have completed my examination. I confimi that no material tnatters bave come to my attention in connection witb the examination giving ￿¢ cause to beliEv¢ thF4t ID any matertal respect.. accouTLtin8 rccords wen not kept ill respect of the charity as trquired by 5￿tion L30 of the Acl. or th¢ fin￿141 ¥tatements do not accord with those r￿OrdS,. or the financial 5tatem¢nts do not cornply wtth thE applicable rcquiremeDts concerning the form and content (￿a￿Ounts set out in the CIMriti