| SORp | ||||||||
|---|---|---|---|---|---|---|---|---|
| reference | ||||||||
| Summary | ofthe purposes of | Para 1.17 | The charity's aims are to advance the | |||||
| the charity | as set out | in its | development and education ofchildren |
under | ||||
| governing | document | statutory school age by; |
||||||
| ~ offering appropriate play, education |
and care | |||||||
| facilities, allowing for parental involvement |
and | |||||||
| responsibility; | ||||||||
| ~ offering opportunities for all children |
whatever | |||||||
| their race, culture, religion, means |
or ability; | |||||||
| ~ encouraging other charitable activities through |
||||||||
| which parents may help the children. |
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| Summary ofthe main activities in relation to those |
Para 1.17 and 1.19 |
The charity's main activity isto run Barkway Preschool which provides high quality education |
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| purposes | for the public | and childcare for children aged between 2 and | 5. | |||||
| benefit, | in | particular, | the | |||||
| activities, identified |
projects or services in the accounts. |
In normal times, the charity also runs a weekly mother and toddler group in the village hall, |
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| providing a structured play session for |
babies to 4- | |||||||
| year-olds with their parents or carers. |
||||||||
| The trustees carry out various local fundraising | ||||||||
| activities to supplement income from the charity's |
||||||||
| core activities. | ||||||||
| Statement | confirming | 1ara 1.19 | In planning our activities, we have kept |
in mind | the | |||
| whether | the trustees | have | Charity Commission's guidance on public benefit |
|||||
| had regard | to the guidance | at our trustee meetings. | ||||||
| issued by |
the Charity | |||||||
| Commission | on public | |||||||
| benefit |
| Achiev | eme | nts and Pe |
rformanc | e |
|---|---|---|---|---|
| sonp | ||||
| reference | ||||
| Summary | ofthe main | Para 1.20 | The preschool is staffed by an experienced and |
|
| achievements | ofthe charity, | weil-qualified team. We operate with good ratios of |
||
| identifying | the | difference the | staff to children, to focus on individual child |
|
| charity's | work | has made to | development within the EYFSframework. |
|
| the circumstances of its |
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| beneficiaries and any wider |
We offer a safe, fun and stimulating environment |
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| benefits to society as a | in which children can learn through play. Children |
|||
| whole. | have opportunities to grow emotionally as well as |
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| physically, to develop their communication and |
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| language skills, and to increase their self- |
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| confidence and self-awareness. | ||||
| The preschool reopened fully in September 2020 |
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| after being in lockdown for much ofthe previous |
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| summer term. An enhanced daily cleaning regime |
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| was introduced to protect children and staff from |
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| Covid-19. Our emphasis on outdoor activities |
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| played an important part in keeping infection rates |
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| low, and our investment in new outside climbing |
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| equipment was important for developing gross |
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| motor skills. | ||||
| During the year we had 2 children with significant |
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| SEND needs and we received additional funding |
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| to provide 1-1support for these children. | ||||
| Due to Covid-19 rules on mixing indoors, the | ||||
| mother and toddler group was suspended until |
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| April 2021.Attendance grew quickly after |
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| reopening, providing a much needed weekly |
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| opportunity for parents to reconnect and share |
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| experiences and for their children to gain |
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| socialisation skills. |
| Achievements against |
Para 1 41 |
|---|---|
| objectives set | |
| Performance offundraising |
Para 1.41 |
| activities against objectives | |
| set | |
| Investment performance |
Para 1.41 |
| against objectives | |
| Other |
| Financial Review |
Financial Review |
Financial Review |
Financial Review |
Financial Review |
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|---|---|---|---|---|---|---|---|
| Review ofthe charity's | Para 1.21 | Annual income from childcare was 886,918,up |
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| financial | position | at | the end | from 867,034the year before when the first Covid | |||
| ofthe period | lockdown had affected earnings. Income this year |
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| was also enhanced by SEND payments of |
|||||||
| 812,036.However, costs were also much higher, |
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| with increased staffing to provide SEND support |
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| and deal with pandemic issues, including extra |
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| daily cleaning. This reduced the surplus for the |
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| year to 85,444, compared with 812,523the |
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| previous year. | |||||||
| The financial position and cash balances at the |
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| year-end remained very strong. In past years the |
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| charity has been reliant on fundraising events to |
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| cover income shortfalls. More recently the |
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| preschool has achieved surpluses due to |
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| increasing local demand for childcare. Since the |
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| Covid pandemic severely limited fundraising |
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| activities this year, it was reassuring that income |
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| from operations covered the additional costs. |
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| Statement | explaining | the | Para 1.22 | The trustees aim to hold a minimum of815,000 in |
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| policy for | holding | reserves | reserves. Reserves are held to meet unforeseen | ||||
| stating | why they | are | held | expenditure, losses due to unexpected closures, |
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| to cover sudden reductions in fee income due to |
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| changing childcare requirements and to cover |
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| terminal obligations ifthe preschool were to close |
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| permanently. | |||||||
| Amount | ofreserves | held | Para 1.22 | Together, reserves and operating cash amounted |
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| to864,361at the year end. Ofthis, f48,446 was | |||||||
| held in notice accounts ofless than one year. |
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| Operating cash included an overpayment by the |
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| local education authority of85,495 which was |
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| repaid in the months following the year end. |
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| Reasons | for holding | zero | Para 1.22 | l1/a | |||
| reserves | |||||||
| Details | offund materially | in | Para 1.24 | Il/a | |||
| deficit |
| Explanation | ofany | Para 1 23 | The charity remains well funded |
with ample | |
|---|---|---|---|---|---|
| uncertainties | about the | reserves to support the preschool. With the help of |
|||
| charity continuing | as a going | government support programs, |
the preschool | ||
| concern | successfully navigated the uncertainties ofthe |
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| Covid pandemic. | |||||
| The preschool is due an Ofsted 2023. It is currently rated 'good', |
inspection by June which is required |
||||
| to participate in the government |
free childcare | ||||
| schemes. There is no reason why the preschool | |||||
| might lose this rating, but to do |
so would cause a | ||||
| severe loss ofincome and withdrawal ofchildren, |
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| which could make it unviable to |
continue. |
| You may choose to include fu | You may choose to include fu | You may choose to include fu | You may choose to include fu | rther statem | ents | where relevant about: |
|---|---|---|---|---|---|---|
| The charity*s principal | Para 1.47 | The | principal source offunds isfrom providing | |||
| sources offunds | (including | childcare, paid for either by parents or local |
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| any fundraising) | authority funded early education schemes. |
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| Investment | policy and | Para 1.46 | Surplus funds not required for immediate running |
|||
| objectives including | any | costs are placed in interest-bearing savings |
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| social investment | policy | accounts with notice pediods ofone year or less. |
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| adopted | ||||||
| A description | ofthe | principal | Para 146 | The | charity's main activity is operating Barkway |
|
| risks facing | the charity | Preschool. The principal associated risks are: |
||||
| ~ | Loss ofthe current premises at Barkway VA |
|||||
| First School, since there are no suitable | ||||||
| alternatives nearby for permanent occupation. |
||||||
| ~ | Ifthe preschool were to lose its 'good' rating | |||||
| from Ofsted, itwould no longer have access to |
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| the free childcare schemes, causing a | ||||||
| significant and sudden loss ofrevenue. |
||||||
| ~ | Large increases in staff costs due to increases |
|||||
| in the National Living Wage, not matched by |
||||||
| increases in childcare funding and fees. |
||||||
| ~ | Loss ofincome due to fewer children | |||||
| attending; preschool has a limited catchment |
||||||
| area but relies on younger children continually |
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| replacing those leaving for school. | ||||||
| ~ | A sudden and lengthy closure ofpreschool, |
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| due to damage to premises, health and safety |
||||||
| issues, a pandemic, or other factors. |
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| Other |
| Description ofcharity's trusts: | Description ofcharity's trusts: | ||||
|---|---|---|---|---|---|
| Type of governing document |
para 1.25 | Constitution | |||
| 'Sf.SISCI, COV - I Criai ref'' |
|||||
| How is the charity | Para 1.25 | Unincorporated | association | ||
| constituted? | |||||
| fe 0 rffirffcof pear". ". Sd | |||||
| asser.lalfon Cfo) |
|||||
| Trustee selection methods | Para 1.25 | Trustees are selected from | members ofthe | ||
| including details ofany |
association. They are appointed | by members at | |||
| constitutional provisions e.g. |
the AGM and | form a committee. | The committee | ||
| election to post or name of | appoints the Officers (who | oversee the operational | |||
| any person or body entitled | management | ofthe preschool) | and has powers to | ||
| to appoint one or more | co-opt up to 3new trustees | between general | |||
| trustees | meetings. |
| Additional information |
Additional information |
Additional information |
(optional) | (optional) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| You ma | choose to include further statements where relevant about: |
|||||||||
| Policies | and | procedures | para 1.51 | |||||||
| adopted | for the induction | and | ||||||||
| training | oftrustees | |||||||||
| The charity's | organisational | Para 1.51 | The charity isa member | ofthe Early | Years | |||||
| structure | and | any wider | Alliance, which provides | information, | advice | and | ||||
| network | with | which the | training to childcare providers and campaigns |
to | ||||||
| charity works | influence early years policy and practice. |
|||||||||
| Relationship | with any related | Para 1.51 | The preschool operates | closely with | Barley and | |||||
| parties | Barkway (VA) Church of |
England | First Schools | |||||||
| Federation. The preschool | setting | shares a building | ||||||||
| with Barkway First School and many | children | |||||||||
| make a very successful | transition | to | the school's | |||||||
| nursery or reception classes, benefiting from |
our | |||||||||
| joint transition program. |
||||||||||
| Other | ||||||||||
| Reference | and Administrative | details | ||||||||
| Charity | name | Barkway | Preschool | |||||||
| Other name the charity uses | The charity changed its name from Barkway Preschool on 25I11/2019 |
Barkway | Playgroup | to | ||||||
| Registered charity number |
1004083 | |||||||||
| 84 High Street | ||||||||||
| Charity's | principal address | Barkway Hefffordshire |
||||||||
| SG88EF |
| Funds held as cus | todia | n tr |
|---|---|---|
| Description ofthe assets held in this ca aci |
None | |
| Name and objects ofthe | ||
| charity on whose behalf | the | |
| assets are held and how | this | N/A |
| falls within the custodian | ||
| chari 's ohects |
||
| Details ofarrangements | for | |
| safe custody and segregation ofsuch assets |
N/A | |
| from the chari 'sown assets |
| ned on behalf | ofthe char | ity*s trustees | ||
|---|---|---|---|---|
| Signature{a) | ||||
| Full name{a) | Miranda | Barbara Crossley Hughes | Andrew | Julian Lee |
| position | Chair | Treasurer | ||
| Date |
| ACCOUNTS FO | R YEAR END 31AUGUST 2021 | ||
|---|---|---|---|
| Summary of | income and expenses | Total | |
| Income: | |||
| Paid childcare | 21,50B | ||
| Funded childcare |
65,410 | ||
| Snack charges | 300 | ||
| Toddler group charges | 932 | ||
| Uniform sales | 201 | ||
| Fundraising | 237 | ||
| Otherlncome | 3,735 | ||
| Interest | 339 | ||
| Total Income | 92,712 | ||
| Expenditure: | |||
| Staff wages | 74,194 | ||
| Advertising | |||
| Bookkeeping | 1,456 | ||
| Cleaning | |||
| DBSchecks | 342 | ||
| Fundra ising expenses | |||
| Insurance | 652 | ||
| Milk &Snacks | 304 | ||
| Print/Post/Stationery | 5 | ||
| Subscriptions | 221 | ||
| Recruitment | |||
| Rent &Service Charge - school | 3,379 | ||
| Rent - village hall | |||
| Supplies &Equipment | 3,674 | ||
| Telephone | 46 | ||
| Toddler Group expenses | 206 | ||
| Training | 1,022 | ||
| Uniforms | 565 | ||
| Miscellaneous | 1,202 | ||
| Total Expenses | 87,268 | ||
| Surplus for the year | |||
| Movement on cash: |
|||
| Cash balances brought forward | E | 15,314 | |
| Surplus for the year | 6 | 5,444 | |
| Payment received |
in error | 6 | 5,495 |
| Increase in term deposits |
-6 | 10,333 | |
| Cash balances carried forward | 15,915 | ||
| Statement ofassets held: | |||
| Cash at bank and | on hand | 15,915 | |
| Term deposits of | less than one year | 43,446 | |
| Total Assets | 64,361 |