# **Trustees and Treasurers Report Financial Yr 2020/21 YEAR AFTER START OF COVID-19** What another year!!!. Thankfully we managed to remain open through the year apart from a couple of separate week isolations and continued to follow all Government guidelines and South Glos procedures. This year became a very very busy year with children beginning to flock back to preschool after spending so much time in lockdown. Number of Children: In September we started off with occupancy % LB 58% full BB 55% full RB 44% full July final numbers of occupancy % LB 86% BB 88% RB 84% We had 85 children on roll at year end, 39 children left us to start school in Sep 2021. Our total profit made for this year has been a successful £12,950 – this has been down to a huge increase of families taking up funded hours and 30 hour funding. Fees have increased with children and families wanting more hours for socialisation. Expenditure this year as finances have been good has been really focussing on ensuring the preschool has up to date and new resources for our incoming children. New waterproofs for winter were bought as well as revamping our older toys and providing new ones. IT equipment was also bought for the rooms and we are now to look for a laptop for Rainbow Bears as they are in desperate need of one. SEN resources were a big expenditure for our SEN children this year. This hugely benefited those that needed them and some have also been passed on to school with the children that have moved up Monies also spent this year has been concentrated on updating all of our forest school equipment to really support the full forest school experience. We have a Forest School trained practitioner come on site 2 days a week to specifically hold forest school and all children have access to these sessions. During this year we recruited 4 extra Level 3 qualified staff members and 2 unqualified which we have now supported as a charity for them to start on a Level 3 qualification which started in August. One staff member completed her Level 3 Training and has now become fully qualified. We also recruited a staff member to cover lunches so the staff were able to have a proper lunch break without being pulled back into the room. We have started September 2021 with a record number of 68 families, many of which are utilising 30 hour funding. Staff are well distributed around the rooms enabling staff to child ratio is exceeded to over basic ratio where possible. Grants we received this year was 2 inclusion funds for 2 pupils totalling £3500 and EYPP funds of £2800 along with £615 DAF. These amounts have been spent alongside the children who they were eligible for – records on file to show expenditure and how funds were used. Fundraising did not happen at all this year – all of our events that take place yearly for both fundraising and parent/child events were all cancelled due to COVID-19 I would like to end this report by thanking in advance all the staff for their hard work this year and in supporting the committee. Yours Sincerely Sam Conway – Typed on behalf of Sundeep Thind TREASURER (Checked and authorised) Winterbourne Earl Years Centre- Year End Accounts 2020 21 Income Nursery Grant Fees Capital grants Revenue Grants Fundraising Petty Cash minus fees pd other (mat refund/SG covid refund) Reserve acct interest Bonus Saver acct interest 01/09/2019- 01/09/2020-31/08/21 31/08/20 163,662 26,254 137 99,816 13,206 2,500 627 309 5,101 219 39 16 195,466 Expenditure Wages inc pension/payroll/bank charg DBS checks Training Lease Maintenance and repairs Rates and Telecom Stationery & office consumables Cleaning materials Petty Cash ICT purchases Web Payments Advertising Fundraising Room Resources Large Equip ie furniture SEN Resources Insurance Memberships and Subscriptions Other 116,423 142,802 642 1,624 21,382 1,095 2,582 1,158 693 694 91,618 368 968 19,617 1,084 4,041 671 403 556 1,595 246 67 120 1,444 667 298 60 2,359 1,427 1,100 1,456 932 1,540 1,324 1,058 5,520 182,509 130,700 Total Balance 31 August 2021 12,957 Openlng Balances I Sept 2020 Current Account Reserve Account Bonus Saver Account Petty Cash Accrued expenditure Deferred income Deflered expenditure Deferred income Total Plus Profit 2020/21 2020121 Balance Total 54,877 21,318 8,563 203 Closing Balances 31 Aug 2021 Current Account Reserve Account Bonus Saver Account Petty Cash Accrued expenditure Accrued income Deferred expenditure Defferred income 66,058 21,410 8,563 1,290 84,364 12,957 97,321 97,321 Total 97,321 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Séction A Independent Examiner's Report Report to the trusteesl members of J i Nlf&K@D uLy4E YfiALS On accounts for the year ended Charity no (if any) O£0 - £c)LK IOOLIq Set out on pages )G*L I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended Responsibilities and basls of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent IThe charity's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below ') which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act. or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. 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. Please delete the words in the brackets if they do not apply. Signed: Date: )q.6-Lo* Name: L.El.aÉST Relevant professional qualification(s) or body C14AFLT& RÉD RCCO0ATP(￿f Cp G.h) LETI EE Oct 2018 IER (if any): Address: Iq F￿-￿riP￿C A c(rf f É I£TDL -Ess Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018