IRIS Accounts Production v24.2.0.383 Other Company accounts True false Pounds 1.9.23 31.8.24 31.8.24 FY Malcolm Leake Hannah Nicholls Guy Jonathan Stevens Luisa Norfolk Caroline Armstrong Helen Bunce Odette Dougan Bethany Luckett Jessica Roach FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069900582023-08-31069900582024-08-31069900582023-09-012024-08-31069900582022-08-31069900582022-09-012023-08-31069900582023-08-3106990058ns0:CharitableCompanyLimitedByGuarantee2023-09-012024-08-3106990058ns15:PoundSterling2023-09-012024-08-3106990058ns0:Trustee32023-09-012024-08-3106990058ns0:Trustee42023-09-012024-08-3106990058ns0:Trustee52023-09-012024-08-3106990058ns0:Trustee62023-09-012024-08-3106990058ns0:Trustee72023-09-012024-08-3106990058ns0:Trustee82023-09-012024-08-3106990058ns0:Trustee92023-09-012024-08-3106990058ns0:Trustee12023-09-012024-08-3106990058ns0:Trustee22023-09-012024-08-3106990058ns11:FRS1022023-09-012024-08-3106990058ns11:IndependentExaminationCharity2023-09-012024-08-3106990058ns11:SmallCompaniesRegimeForAccounts2023-09-012024-08-3106990058ns11:FullAccounts2023-09-012024-08-3106990058ns11:CharitiesSORP2023-09-012024-08-3106990058ns16:EnglandWales2023-09-012024-08-3106990058ns11:RegisteredOffice2023-09-012024-08-3106990058ns0:Activity82023-09-012024-08-3106990058ns0:Activity82022-09-012023-08-3106990058ns10:WithinOneYear2024-08-3106990058ns10:WithinOneYear2023-08-3106990058ns0:TotalUnrestrictedFunds2024-08-310699005822023-09-012024-08-310699005812023-09-012024-08-310699005812022-09-012023-08-31
REGISTERED COMPANY NUMBER: 06990058 (England and Wales)
REGISTERED CHARITY NUMBER: 1132908











Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31st August 2024

for

Hatch Warren Under Fives Pre-School Ltd

Hatch Warren Under Fives Pre-School Ltd






Contents of the Financial Statements
for the Year Ended 31st August 2024




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 12

Hatch Warren Under Fives Pre-School Ltd (Registered number: 06990058)

Report of the Trustees
for the Year Ended 31st August 2024


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 31st August 2024. 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 objects of the charity are to provide education and care to children primarily under the statutory school age, and encourage parents to work alongside us providing for the needs of their children by:

a) offering appropriate play, education and care facilities and training courses, providing an opportunity for parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability;
b) encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs;
c) Instigating and adhering to and furthering the aims and objects of the government to fulfil statutory requirements.

Social investments
The charity's activities benefit the public by enhancing the development and education of pre-school children. The trustees have considered that this complies with the Charities Commission guidance on public benefit.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity has provided the local community with the resources to further educate pre-school age children in accordance with it's objectives.

FINANCIAL REVIEW
This academic year has seen both Preschools back to pre-Covid levels from the start and with waiting lists for the following year. We have also seen a change in the number of 2 year old places required as a result of the additional free 15 hours funding supplied by the government for working parents, which has caused some exciting new challenges at the settings.

The Preschools made a significant surplus of £15,306 (2023 surplus of £1,442), with Hatch Warren's surplus of £18,502 being offset by deficit for Kempshott of £3,196. The surplus arising predominantly from the supplementary funding received from the government between September and March which resulted in an additional £17,085 which was not allowed for in the budget. This was partially offset by the increase in the minimum wage of 9% which meant an above inflation increase in staff salaries across the board of 7% which has been topped up in 2024/5 to the 9%.

The new provision for 2 year-olds has required a few adjustments to the Preschools with a new Caterpillar room being added in Hatch Warren for 2024/5 to specifically cater for the 2 year-olds. The surplus from 2023/4 has been used to help furnish and buy new resources both for this room and the current Butterfly room. Both Preschools continue to offer an excellent quality of educational provision, whilst carefully controlling the expenditure in this current challenging environment. The extra income received for our special educational needs children has enabled Kempshott Preschool to purchase some extra equipment for both their outside and inside areas which the children seem to be enjoying. The Trustees fully support the continued investment in staff development and resources.

The charity has reserves of £139,885 at the balance sheet date and the trustees have reviewed the Reserves Policy and believe this is sufficient to cover 3 months running cost of the organisation, whilst allowing for fluctuations in children and provision for staff redundancies.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, the memorandum and articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.


Hatch Warren Under Fives Pre-School Ltd (Registered number: 06990058)

Report of the Trustees
for the Year Ended 31st August 2024


STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
Trustees are elected from the members, being of good standing within the local community. Between 2 and 10 members are elected with no more than 3 co-opted members, to form a management committee.

Organisational structure
A committee of directors and charity trustees are responsible for the overall management and control of the pre-school. The committee comprises three officers, between 2 and 10 elected members and no more than 3 co-opted members. The committee is required to meet at least three times a year. No member may serve more than 6 years on the committee.
The day to day running of the pre-school is undertaken by the managers and deputies who are overseen by the Preschool Operations Manager who reports to the trustees.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
06990058 (England and Wales)

Registered Charity number
1132908

Registered office
Hatch Warren Community Centre
Long Cross Lane
Hatch Warren
Basingstoke
Hampshire
RG22 4XF

Trustees
Bethany Luckett Chair
Michelle Beverley Secretary - appointed 4th December 2023
Jessica Roach Treasurer
Nikole Facey Safeguarding Officer
Katie Oliver - resigned 5th October 2023
Sam Haydn Bowen - resigned 4th December 2023
Layla Hallet - appointed 1st January 2024
Chloe Buckingham - appointed 1st January 2024
Laura Newhouse
Helen Eastick
Laura Murphy
Kirsty Anthony

Independent Examiner
Wheeler & Co Ltd
Chartered Accountants
The Shrubbery
14 Church Street
Whitchurch
Hampshire
RG28 7AB

Approved by order of the board of trustees on 25th November 2024 and signed on its behalf by:




Jessica Roach - Trustee

Independent Examiner's Report to the Trustees of
Hatch Warren Under Fives Pre-School Ltd

Independent examiner's report to the trustees of Hatch Warren Under Fives Pre-School Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2024.

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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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.








Kevin Wheeler FCA

Wheeler & Co Ltd
Chartered Accountants
The Shrubbery
14 Church Street
Whitchurch
Hampshire
RG28 7AB

27th November 2024

Hatch Warren Under Fives Pre-School Ltd

Statement of Financial Activities
for the Year Ended 31st August 2024

31.8.24 31.8.23
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 1,475 423

Charitable activities 5
Development and education of pre-school children
295,205

258,272

Other trading activities 3 1,278 2,685
Investment income 4 3,374 2,910
Total 301,332 264,290

EXPENDITURE ON
Raising funds 222 1,198

Charitable activities 6
Development and education of pre-school children
285,804

261,650
Total 286,026 262,848

NET INCOME 15,306 1,442


RECONCILIATION OF FUNDS
Total funds brought forward 124,579 123,137

TOTAL FUNDS CARRIED FORWARD 139,885 124,579

Hatch Warren Under Fives Pre-School Ltd (Registered number: 06990058)

Balance Sheet
31st August 2024

31.8.24 31.8.23
Unrestricted Total
fund funds
Notes £    £   
CURRENT ASSETS
Debtors 11 479 767
Cash at bank and in hand 146,335 130,877
146,814 131,644

CREDITORS
Amounts falling due within one year 12 (4,625 ) (2,753 )

NET CURRENT ASSETS 142,189 128,891

TOTAL ASSETS LESS CURRENT
LIABILITIES

142,189

128,891

PROVISIONS FOR LIABILITIES 13 (2,304 ) (4,312 )

NET ASSETS 139,885 124,579
FUNDS 14
Unrestricted funds 139,885 124,579
TOTAL FUNDS 139,885 124,579

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2024 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.


Hatch Warren Under Fives Pre-School Ltd (Registered number: 06990058)

Balance Sheet - continued
31st August 2024

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 25th November 2024 and were signed on its behalf by:





Bethany Luckett - Trustee





Jessica Roach - Trustee

Hatch Warren Under Fives Pre-School Ltd

Notes to the Financial Statements
for the Year Ended 31st August 2024

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.

Raising funds
Costs of generating funds comprise the costs of generating voluntary income and the costs of trading for fundraising purposes.

Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services to its beneficiaries. It includes both costs that can be directly attributed to such activities and those costs of an indirect nature necessary to support them.

Governance costs
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include independent examiner fees.

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.

There are no restricted funds.

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.


Hatch Warren Under Fives Pre-School Ltd

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

2. DONATIONS AND LEGACIES
31.8.24 31.8.23
£    £   
Donations 1,475 423

3. OTHER TRADING ACTIVITIES
31.8.24 31.8.23
£    £   
Fundraising events 971 2,075
Sales income 307 610
1,278 2,685

4. INVESTMENT INCOME
31.8.24 31.8.23
£    £   
Deposit account interest 3,374 2,910

5. INCOME FROM CHARITABLE ACTIVITIES
31.8.24 31.8.23
Development
and
education
of
pre-school Total
children activities
£    £   
Grants 267,829 208,234
Fee income - Playgroup 27,376 50,038
295,205 258,272

Grants received, included in the above, are as follows:
31.8.24 31.8.23
£    £   
HCC - Early Years Education funding 261,290 180,727
HCC - Special Education Needs funding - 6,303
HCC - 2 Year Old funding 146 14,648
Apprentice funding - 2,000
HCC - IDACI/EYPP 6,393 4,556
267,829 208,234


Hatch Warren Under Fives Pre-School Ltd

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

6. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 7) note 8) Totals
£    £    £   
Development and education of
pre-school children

285,081

723

285,804

7. DIRECT COSTS OF CHARITABLE ACTIVITIES
31.8.24 31.8.23
£    £   
Staff costs 224,127 196,284
Trustees' expenses 645 343
Rent and services 37,654 35,127
Insurance 1,936 1,780
Telephone 586 536
Postage and stationery 554 442
Website costs 631 587
Sundries 430 361
Play materials and refreshment 4,985 3,967
Toys & equipment 1,443 4,017
Staff training 939 2,627
Staff uniforms 650 836
DBS charges 350 447
Premises expenses 2,485 1,056
Software costs 289 809
IT costs 500 191
Operating licences 748 606
SEN resources 23 6,354
IDACI/EYPP costs 6,106 4,541
285,081 260,911

8. SUPPORT COSTS
Governance
Finance costs Totals
£    £    £   
Development and education of pre-school
children

333

390

723



Hatch Warren Under Fives Pre-School Ltd

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

8. SUPPORT COSTS - continued
Support costs, included in the above, are as follows:

Finance
31.8.24 31.8.23
Development
and
education
of
pre-school Total
children activities
£    £   
Bank charges 333 349
Governance costs
31.8.24 31.8.23
Development
and
education
of
pre-school Total
children activities
£    £   
Accountancy fees 390 390

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st August 2024 nor for the year ended 31st August 2023.


Trustees' expenses
31.8.24 31.8.23
£    £   
Trustees' expenses 645 343

10. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.8.24 31.8.23
Childcare assistants 17 15

No employees received emoluments in excess of £60,000.


Hatch Warren Under Fives Pre-School Ltd

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 479 -
Prepayments and accrued income - 767
479 767

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Accruals and deferred income 4,625 2,753

13. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Provisions 2,304 4,312

14. MOVEMENT IN FUNDS
Net
movement At
At 1.9.23 in funds 31.8.24
£    £    £   
Unrestricted funds
General fund 124,579 15,306 139,885

TOTAL FUNDS 124,579 15,306 139,885

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 301,332 (286,026 ) 15,306

TOTAL FUNDS 301,332 (286,026 ) 15,306


Comparatives for movement in funds

Net
movement At
At 1.9.22 in funds 31.8.23
£    £    £   
Unrestricted funds
General fund 123,137 1,442 124,579

TOTAL FUNDS 123,137 1,442 124,579

Hatch Warren Under Fives Pre-School Ltd

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

14. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 264,290 (262,848 ) 1,442

TOTAL FUNDS 264,290 (262,848 ) 1,442

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.9.22 in funds 31.8.24
£    £    £   
Unrestricted funds
General fund 123,137 16,748 139,885

TOTAL FUNDS 123,137 16,748 139,885

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 565,622 (548,874 ) 16,748

TOTAL FUNDS 565,622 (548,874 ) 16,748

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st August 2024.