Atherton Pre-School Day Care Limited - Charities report - 22.1
Atherton Pre-School Day Care Limited - Charities report - 22.1
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| REPORT OF THE TRUSTEES AND |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021 |
| FOR |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 30 September 2021 |
| Page |
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 11 |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED (REGISTERED NUMBER: 05947387) |
| REPORT OF THE TRUSTEES |
| for the year ended 30 September 2021 |
| The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). |
| OBJECTIVES AND ACTIVITIES |
| Objectives and aims |
| The main objective of the charity is to provide pre-school care. |
| ACHIEVEMENT AND PERFORMANCE |
| Charitable activities |
| The trustees are pleased with the the achievements of the activities so far, but would like to continue to improve the day care facilities available to the community. |
| FINANCIAL REVIEW |
| Principal funding sources |
| Atherton Pre-school Day Care Ltd is pleased and fortunate to receive funding from Wigan Council. Overall the charity has experienced a good year and hopes it will continue to do so in future years. |
| Reserves policy |
| The trustees believe they have established a level of unrestricted reserves sufficient for the charity. |
| FUTURE PLANS |
| The charity plans continuing and expanding the activities outlined above in the forthcoming years subject to satisfactory funding arrangements. |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Governing document |
| The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| Trustees |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED (REGISTERED NUMBER: 05947387) |
| REPORT OF THE TRUSTEES |
| for the year ended 30 September 2021 |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Independent Examiner |
| Hayes & Co |
| Chartered Accountants |
| Suite 2 Beswick House |
| Greenfold Way |
| Leigh |
| Lancashire |
| WN7 3XJ |
| Approved by order of the board of trustees on |
| INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED |
| Independent examiner's report to the trustees of Atherton Pre-School Day Care Limited ('the Company') |
| I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2021. |
| Responsibilities and basis of report |
| As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
| Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. |
| Independent examiner's statement |
| I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: |
| 1. | accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or |
| 2. | the accounts do not accord with those records; or |
| 3. | the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or |
| 4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). |
| I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |
| Andrew James Wardle |
| FCA |
| Hayes & Co |
| Chartered Accountants |
| Suite 2 Beswick House |
| Greenfold Way |
| Leigh |
| Lancashire |
| WN7 3XJ |
| 21 June 2022 |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED |
| STATEMENT OF FINANCIAL ACTIVITIES |
| for the year ended 30 September 2021 |
| 2021 | 2020 |
| Unrestricted | Total |
| fund | funds |
| Notes | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Other trading activities | 2 |
| EXPENDITURE ON |
| Raising funds |
| NET INCOME |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 79,001 |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED (REGISTERED NUMBER: 05947387) |
| BALANCE SHEET |
| 30 September 2021 |
| 2021 | 2020 |
| Unrestricted | Total |
| fund | funds |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 7 |
| CURRENT ASSETS |
| Debtors | 8 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 9 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 10 |
| Unrestricted funds | 79,001 |
| TOTAL FUNDS | 79,001 |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006. |
| The trustees acknowledge their responsibilities for |
| (a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED (REGISTERED NUMBER: 05947387) |
| BALANCE SHEET - continued |
| 30 September 2021 |
| These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
| The financial statements were approved by the Board of Trustees and authorised for issue on |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 30 September 2021 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
| Income |
| All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
| Expenditure |
| Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Fixtures and fittings | - |
| Taxation |
| The charity is exempt from corporation tax on its charitable activities. |
| Fund accounting |
| Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
| Restricted funds 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. |
| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
| Pension costs and other post-retirement benefits |
| The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 September 2021 |
| 2. | OTHER TRADING ACTIVITIES |
| 2021 | 2020 |
| £ | £ |
| Local authority grants | 174,588 | 168,775 |
| Attendance fees | 34,028 | 12,442 |
| Coronavirus Job Retention | 3,417 | 11,676 |
| Government Grant | - | 10,000 |
| 3. | NET INCOME/(EXPENDITURE) |
| Net income/(expenditure) is stated after charging/(crediting): |
| 2021 | 2020 |
| £ | £ |
| Depreciation - owned assets |
| 4. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the year ended 30 September 2021 nor for the year ended 30 September 2020. |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 30 September 2021 nor for the year ended 30 September 2020. |
| 5. | STAFF COSTS |
| The average monthly number of employees during the year was as follows: |
| 2021 | 2020 |
| Administrative staff | 1 | 1 |
| Early years carers | 12 | 12 |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 September 2021 |
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted |
| fund |
| £ |
| INCOME AND ENDOWMENTS FROM |
| Other trading activities |
| EXPENDITURE ON |
| Raising funds |
| NET INCOME |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 79,001 |
| 7. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | and |
| property | fittings | Totals |
| £ | £ | £ |
| COST |
| At 1 October 2020 and 30 September 2021 |
| DEPRECIATION |
| At 1 October 2020 |
| Charge for year |
| At 30 September 2021 |
| NET BOOK VALUE |
| At 30 September 2021 |
| At 30 September 2020 |
| 8. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Other debtors |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 September 2021 |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Social security and other taxes |
| Accrued expenses |
| Deferred grant income | 28,661 | 41,216 |
| 10. | MOVEMENT IN FUNDS |
| Net |
| At | movement | At |
| 1.10.20 | in funds | 30.9.21 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 79,001 | 5,729 | 84,730 |
| TOTAL FUNDS | 5,729 | 84,730 |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 212,033 | (206,304 | ) | 5,729 |
| TOTAL FUNDS | ( |
) | 5,729 |
| Comparatives for movement in funds |
| Net |
| At | movement | At |
| 1.10.19 | in funds | 30.9.20 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 65,904 | 13,097 | 79,001 |
| TOTAL FUNDS | 65,904 | 13,097 | 79,001 |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 202,893 | (189,796 | ) | 13,097 |
| TOTAL FUNDS | 202,893 | (189,796 | ) | 13,097 |
| ATHERTON PRE-SCHOOL DAY CARE LIMITED |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 September 2021 |
| 10. | MOVEMENT IN FUNDS - continued |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net |
| At | movement | At |
| 1.10.19 | in funds | 30.9.21 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 65,904 | 18,826 | 84,730 |
| TOTAL FUNDS | 65,904 | 18,826 | 84,730 |
| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 414,926 | (396,100 | ) | 18,826 |
| TOTAL FUNDS | 414,926 | (396,100 | ) | 18,826 |
| 11. | RELATED PARTY DISCLOSURES |