RUNNYMEDE pRE￿cHoOL REPORT OF THE TRUSTEES AND uNAUD￿ED 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 provis￿n$ 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 leff￿tsVe 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 Pa￿￿ts to understand and pmid8 for the needs ol their children thi￿g￿ 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 P￿th0o1 is a registered thanty and is constitu￿1 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(N￿OI 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 p￿Ic￿eS 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 em￿OyeeS 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 TIltr￿ry Essex RM18 8RH RUNNYMEDE PRE-SCHOOL Cha Number. 301250 TRUSTEES. REPORT FQR THE YEAR ENDED 31 AUGUST 2022 (continued) REVIEW OF ACTp4ifiES. ACHIEVEMEF￿s 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-Sth￿l prowdeil 185 SUp￿Sed session5 ranglrtrg be￿een 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.' defI￿t 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 Pr￿school. 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 guIdar￿e issued by the Charity Ccffirnissi￿ on pUb￿C 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 ur1yjmstar￿As. RESERVES. RESOURCES AND RISKS Al of Ihe Cha¥itys reserves are unrestFrcted and are IheTefore availa1￿e for its. day40-day requirements. The Charity's assets are sufficient to Tneet its ￿￿19ab(￿s. At the year end. Ihè p￿s￿O01 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 S￿￿fica1ty 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 Su￿1V$ fund5 that are nol required lor immediate use are ￿aCed on interest-bearing depo%i a(t￿jnts th the Pre-￿00r$ banker5. The Ccrfnmittee has conS￿ered the risks to thch the Charity may be exposed and has 18ken reaSona￿e 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 F*epath"on of the accOu￿tS 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 accng St8ndartl applicab18 in the UK and Republic of Ireland, and the charl￿eS Acl 20t1. The finattcial statements have been prepar8d under the hislorical cost ￿n¥￿tIL￿1. 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]t￿ment trj the fijnds, it is probable that the inGcffle will be ￿Ne(l and the am￿nt can be measured telatrly. Expenditure abilities are recognisgj as exwditure as Sl￿￿ as there is a legal or constwctive obligatK)n committi￿9 the cha¥ily to that expenditure. tt is prOba￿e Ihat a transfer of econo¥nic benefits wll be iequired i seltlement and the amount of the obFigation ran be meaS￿red 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 rel*es. Taxatlon The charity is exempt from tax on its charitatrAe aciMts"es. Fund accounting Unrestricted funds Can be L￿j in accc*tsnte the dwtable objectt￿5 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 r￿Sts 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. eX￿nSeS 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 pr￿d￿01 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 fc*the yearended 31 August 2022.