RUNNYMEDE pREcHoOL REPORT OF THE TRUSTEES AND uNAUDED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 Charlty No: 301250
RUNNYMEDE PRE-SCHOOL Ch Number. 301250 TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2022 The trustees present their rewrt Ibith the financial staternents of the eharity the year ended 31 August 2022. The trustees have adopled the provisn$ of A(xounting and Repyxting by Charities.. Statetnent of Recommended Practice applicable to charl"e$ preparing their acAxwnts in accordance with the Financial Reporting Standard applicable in th¢ UK and Repubtic d Iretand IFRS 1021 lefftsVe 1 January 20151. AIMS AND POLICY The alm5 of Runnymede Pm-sthool ftrFe Pre-SchiK4"1 ar8 to enhance the d8vdopm8nl and educatiun chihlren primari under statutory school age by encourdgityJ Pats to understand and pmid8 for the needs ol their children thig commuw pW grwps. ay, educaticm and tsre. The Pr&S¢hool is run in acr*x¢ance Mih Ihe airns and code of stsndarcL8 issued by the Pre-Schc)ol Leaming Ajliance. STATU5, ORGANISATION AND MANAGEMENT The Pth0o1 is a registered thanty and is constitu1 as an unincorp(xated asswation. The current Constttution was adopted by Members in 2016 and the Pre-SthcM)l is a i¥)dy in membwship of the Pre-school Leaming lanCe. The overall management and C(NOI of the 00[ Tests wth the individual mernbers ol the Pre-school's management cornmittee ftre Commrtt8e'l. The day-ttrday management of the Prtrschod during the year is delegated to senic¥ staff members. The mernbers ol the Ccmmittee. are aso the Charity Trustees and tho seNed during thÈ year, are listed on page 3. They are elected annually at the Annual GÈneral Meeting with a minimum number of 8 members, including 3 ctropte¢J fflernbers and of which at least 5 parents or guardians of children attending th8 rye-sthool as P3rent reprEsentats"ves. Th8 aPPf4'ntrnent of reFAacernent parent representatives may also be deaA wth at Cornmittee Meetings. The pIceS and procedures 8dopted by the Pre-sc are those requiFed by the Pre&ho(A Learning Alliance, including those covering all aspEcts ol child wotection and health and safety. Disckksure 8nd Barring Service ched(s are caTried out on all new emOyeeS 8n(I Committee MeJnbers. Key management InformatFon and remuneration The trustees are ¢onsideied to be the key Eanagernent personnel. hjl memtws of the Committee, as ttU5tee5. 9iYe th8ir tsme vohjnlarily and recetve no r)une13t other beneftis in of thwr time the Cixnmittee. REFERENCE AND ADMINISTRATIVE DEfAILS Registered Chaffty nurnber 301250 Further details regarding the Pre-school may be cknaingj from Mrs Thom&s. 5 Netherfiejd. Benftee( Essex SS7 1ri. PRINCIPAL ADVISERS Bankers.. BardayE Bank tlc Great Tarpots Branth PO Box 13 Ray"gh Essex SS6 7KI lThd8pend8nl Examin8r". John Charm8n. ACA Unit 33, Thames Entsrprise Centse Prin$ Margaret Road East TIltrry Essex RM18 8RH
RUNNYMEDE PRE-SCHOOL Cha Number. 301250 TRUSTEES. REPORT FQR THE YEAR ENDED 31 AUGUST 2022 (continued) REVIEW OF ACTp4ifiES. ACHIEVEMEFs AND PERFt)RMANCE A detailed rewew of actimties and achievements (or the year will be presented at the forthcAThing Annual General leet'ng. In summary. the Pre-Sthl prowdeil 185 SUpSed session5 ranglrtrg beeen 3 and 5.75 hours each and had 67 chikjren enrdled lor the 2022 Summer temi. The results of the Sch()I tr the year are detsiled on page 5 and slK)w a defi(at for the year of £3.09012021.' defIt of £6,5551 before expenditure on tangible fixed assets. The main source of funds o)ntinues to arise from fees and grants funding for childcare and this incAyne is applied to the cost of running the Prschool. Th8 main costs are the salaries ofthe Prfrschool stsff together hire of th8 hall and expenditure on equipment, garnes, supplies and other ilems used for the educats.on and the weffare of the Lthildren. A number of fund4aising actiwties take pla during the year and Ihe net prrKeeds from these are used as a c(Jntribution towards Ihe running costs of the Pre-srhcd. The CcKnmittee is aware of the guIdare issued by the Charity Ccffirnissi on pUbC benefit and believe that the current acuwties and objects of the Pre-SchocA in line the guidance, including the allcation of free aces and subsidised fees Èn approwiate ur1yjmstarAs. RESERVES. RESOURCES AND RISKS Al of Ihe Cha¥itys reserves are unrestFrcted and are IheTefore availa1e for its. day40-day requirements. The Charity's assets are sufficient to Tneet its 19ab(s. At the year end. Ihè psO01 had accumulated fund5 of £54,896 wh*ch was mosuy held in bank baances. These funds are held to alhx investsnent in additional and replacement equiKxnenl for the Pre-school and to meet any unforeseen expendibjre. suth as redundancy payment5. that may arEe. The aim to reserves ttrot equate to expendtture fcff temis. unavoidable costs. The COnstityJti does not Sfica1ty state any liTrNtstion Ihe ComrnFitee for the investrnent of surylus fijnds and therefNe suth limilations will be governed by Charity law. Ill pra¢bce. any Su1V$ fund5 that are nol required lor immediate use are aCed on interest-bearing depo%i a(tjnts th the Pre-00r$ banker5. The Ccrfnmittee has conSered the risks to thch the Charity may be exposed and has 18ken reaSonae steps to mitig8te the effects of such risks. Approved by the CcmtrTrittee c4) 18th November 2022 and sgned on its hEthaif by. JULIE LA7•YRENCE ChaimKn
RUNNYMEDE PRE OL Cha Number. 301250 COMMTfTEE MEMBERS AS AT 31 AUGUST 2022 Chaimian Jurie Lawrence Vice Chaimian Maureen Draper Treasurer ison Thomas Secretary Paula Shelty Other member5 of the Committee Margaret Ruth Jones Amy Evers Jane Simpsc Sam Wright che Bolden Caroline Cole Cathy Vickers (C(op1ed}
RUNNYMEDE PRE4CHOOL Cha N mber. 301250 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RUNNYMEDE PRESCHOOL I report to the twstees on rny examinab.on of the a(ts of lh8 aknve (wity for the year ended 31 August 2022 which are set out on pages 5 to 9. Respmslbllities aKI basis of report As the charity twstees of Runnymede Pr&SchcKJl, yw a resFKXt5it4e f the Fepath"on of the accOutS in accordance vthh the requirements of Ihe CharFbes Ad 2011 (e Act"). I report in respect of my examin81ron of the Runnymede l*e-Schwl acc<MJnls Ggrried Dut under Section 145 01 the 2011 Act and in carrying (Mjt my examination, I have f0lhThj all the 8pplioble kntsons given by the Charity Commission under Section 14515Mbl of the Act. Independent examlnerfs 8taternent I have comp181ed my examinats"on. I that no materi81 matters have come to my att8ntion in connection wlth the examinaD"on vthich gTrvss m8 cause to blv& that in. any material r8swcL 8co)unting recor& were not kept in respect of RunttyTnale FtsSthoDI as required by SOn 130 of the Act,. or the accounts do mt acrd those records. I have no concerns and have cixne arxc6s no other rnatters in neCti wth the eyaminati(m to whirh attenb'on should be dravm in this rewrt in order Io 8natrAe a proper understanding of the accounts to be readied. Vnit 3a, Tharnes Enterpre Centre Princess Margaret Road E8St filbury Essex RM18 8RH J Charman, ACA Charteretj Acoountant 28 October 2022
RUNNYMEDE PRE-SCHOOL Cha Number. 301250 STATEMENT OF FINANCLAL ACTIVTllES FOR THE YEAR ENDED 31 AUGUST 2022 Unrestricted Funds 2022 2021 INCOMING RESOURCES Fees and grants receiv& Other income Bafik interest recewed 162,225 3.639 158.967 1,510 io Total Incoming resources 165.868 160.487 RESOURCES EXPENDED Direct Charttable Expen(liture". Teathing costs Weffare and edurAts"on Premises Support costs 134.253 5.026 24.027 131,876 8. 133 21,594 1,410 164.651 163.013 other Expenditure Management and admini8lratM of the Pre-sthod 4,307 4,029 Total Resources Expended 168.958 167,042 Net Incomlngl{(krtgoinyl Resources (6.555) Total funds brjghtfoard at 1 Septemtw 2021 57.986 64.541 Total funds rrIed forward at 31 August 2022 £54,896 £57,986 CONTINUING OPERATIONS l income ar expendre has arisen frc*n the Sing cwtinutng actrw of OFerating as a prh0. The notes lom part of these finafi(ial slatem&ts.
RUNNYMEDE PRE-SCHOOL Cha Number 301250 BALANCE SHEET AS AT 31 AUGUST 2022 Unrestrtcted Funds 2022 FIXED ASSETS Tangible fixed ass8ts 14 473 CURRENT ASSETS Debtors Cash at bank and i* hand 69.702 71.716 69,702 71,776 CREDITORS= Amounts falliThJ due bmthin one year.- Arnounts received in advance and accruak 113,133) (14,203) NET CURRENT ASSETS 56,569 57.513 TOTAL NET ASSErs £56.5B7 £57,986 UNRESTRICTED FLINDS £56.587 £57,986 The financial staiements were atrt by Ihe C¢Jnmittee iyTr 18th Novernber 2022 and %gned ? its behaw by.. JULIE LAWRENCE Chatrma The notes f(xm part ofthese an031 Statem1&
RUNNYMEDE PRE4CHOOL Cha Number. 301250 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 ACCOUNTING POLICIES Basis of pteparing the finandal st3terrtents The finanryal stalernents of the charity. whid) is a pubWc benefft entity under FRS 102. have been prepared in a(zOrdan with Ihe Charibes SORP IFRS 1021 'Accounting a Reporting by Chariiies.. Statement of RecommeNded Practice applicable to tharrbes preparing their ac£oUtS in accordance w the Finanaal Reporb"ng Standar(S applicabte in the UK 3nd Republic of Ireland IFRS 1021 leffective 1 January 20151.. Finanual R8porting Staodarrj 102 The Finanual Report>ng St8ndartl applicab18 in the UK and Republic of Ireland, and the charleS Acl 20t1. The finattcial statements have been prepar8d under the hislorical cost n¥tIL1. Tanglble Fixed AssÈts D8preuation is provided on tangible fix&J assets in use at rates and bases calculated to W7ite off the cost less estimat residual wdlue ol each asset over its expwaed usefiil lrfe, as follows." Sheds Fumilure and equipment over 10 ye8 over 3 years Supplies of games equipmenL books, sfationery and materials cc6tMig less Ihan £250 indtvidualty are %vritten off as an expense in the year of expendibJre. Fee5 Fees con51St of arnwnts receivabk. irKluding nursery cerltfirates and grants, for the Pie-school y8ar ending August, net of the value of free and redur£d fee AJI incDme is recogni5ed in the Statement ol Financial Activities cmce the charity has en1]tment trj the fijnds, it is probable that the inGcffle will be Ne(l and the amnt can be measured telatrly. Expenditure abilities are recognisgj as exwditure as Sl as there is a legal or constwctive obligatK)n committi9 the cha¥ily to that expenditure. tt is prObae Ihat a transfer of econo¥nic benefits wll be iequired i seltlement and the amount of the obFigation ran be meaSred reliably. Expenditure is accounted for on an ar£rua basis and h85 en dassified under headings that aggregate all cost related to the category. Where rx)sts cannot be directly attrttxrted to pafbcular headlngs they have been allocated to 8ctiiities on a basts consrstent th the use of resource5. The irrecoverable element of VAT is induded with the item of expense to wknich it reles. Taxatlon The charity is exempt from tax on its charitatrAe aciMts"es. Fund accounting Unrestricted funds Can be Lj in accc*tsnte the dwtable objectt5 at the dIs(xeli of the trustees. OTHER INCOME 2022 2021 Fund raising events Donats.S and similar other inGome 1,865 1,147 627 273 1.171 66 £1,570
RUNNYMEDE PRE4CHOOL Cha Number. 301250 NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 AUGUST 2022 STAFF COSTS 2022 2021 Wages and salaries Staff training and other rSts 133,126 1,127 130,708 1, 168 £134,253 £131,876 Numbef Number The average nvmb8r of employees in the yearvns.. Teaching Part ts"melAdministration 14 14 Trustees, remuneratkon There were rto trtsstees. remuneration or olher benefrts for the year ended 31 August 2072 nor for the year ended 31 August 2021. Trustees, èxpenses There were no trustees. eXnSeS paid the year entled 31 August 2022 nor tre year ended 31 August 2021. ANALYSIS OF TOTAL RESOURCES EXPENDED recladon Total Direct Charitsble Exwdliure: Teadmng costs 134.253 134.253 WeEfar8 4,571 455 5.026 Premis&8 24,027 24.027 Supwl costs 1,345 134.253 29.943 455 164,651 Other Expendiiure Adrninistration ofthe tharity 4,307 4,307 £134J53 £¥250 £455 £168.958
RUNNYMEDE PRE-SCHOOL Cha Number. 301250 NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 TANGIBLE FIXED ASSETS Furniture and Total COST Al 1 September 2021 Additions DiskY)saWscrapped 12.184 5,805 17.989 1.731 1,731 At 31 Au9USt 2022 10.453 5.805 1I258 DEPRECIATION At 1 September 2021 Charge for year Disposalslscr8pped 11.711 455 1.727 5,805 17,516 455 1.727 At 31 August 2Q22 10,439 4805 16.244 NEf BOOK VALUE At 31 August 2022 U4 £14 Al 31 August2021 £473 £473 FUNDS The funds Df the prd01 are unrestricted and are required fo day to day operation&1 working capital, inveslment in additional and repLqcement equismnent f Pre-Sch(x)l and to Me any unforeseen eypendilure, suth as redundaTrcy payments. Ihat rnay aiise. The aim FS to hold reserves that equate to expenditure for two tern, unavoidabte rA)sts. RELATED PARTY DISCLOSURES The w8re no related party transactK)ns fcthe yearended 31 August 2022.