## ## ## ||||||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.||| |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||| |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,||| |||||||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||||| |beneficiaries
and any wider||||We offer a safe, fun and stimulating
environment| |benefits to society as a||||in which children
can learn through
play. Children| |whole.||||have opportunities
to grow emotionally as well as| |||||physically,
to develop their communication
and| |||||language
skills, and to increase their self-| |||||confidence and self-awareness.| |||||The preschool
reopened
fully in September 2020| |||||after being
in lockdown for much ofthe previous| |||||summer term. An enhanced
daily cleaning
regime| |||||was introduced
to protect children
and staff from| |||||Covid-19. Our emphasis
on outdoor activities| |||||played an important
part in keeping
infection rates| |||||low, and our investment
in new outside climbing| |||||equipment
was important
for developing
gross| |||||motor skills.| |||||During the year we had 2 children
with significant| |||||SEND needs and we received additional
funding| |||||to provide 1-1support for these children.| |||||Due to Covid-19 rules on mixing indoors, the| |||||mother and toddler group was suspended
until| |||||April 2021.Attendance
grew quickly after| |||||reopening,
providing a much needed weekly| |||||opportunity
for parents to reconnect and share| |||||experiences
and for their children
to gain| |||||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|||| |---|---|---|---|---|---|---|---| |Review ofthe charity's||||||Para 1.21|Annual
income from childcare was 886,918,up| |financial||position|at|the end|||from 867,034the year before when the first Covid| |ofthe period|||||||lockdown
had affected earnings.
Income this year| ||||||||was also enhanced
by SEND payments
of| ||||||||812,036.However, costs were also much
higher,| ||||||||with increased
staffing to provide SEND support| ||||||||and deal with pandemic
issues, including
extra| ||||||||daily cleaning. This reduced the surplus
for the| ||||||||year to 85,444, compared
with 812,523the| ||||||||previous year.| ||||||||The financial
position and cash balances at the| ||||||||year-end
remained
very strong.
In past years the| ||||||||charity has been reliant on fundraising
events to| ||||||||cover income shortfalls.
More recently the| ||||||||preschool has achieved surpluses
due to| ||||||||increasing
local demand
for childcare. Since the| ||||||||Covid pandemic
severely
limited fundraising| ||||||||activities this year, it was reassuring
that income| ||||||||from operations
covered the additional costs.| |Statement||explaining||the||Para 1.22|The trustees
aim to hold a minimum
of815,000 in| |policy for||holding|reserves||||reserves. Reserves are held to meet unforeseen| |stating|why they||are|held|||expenditure,
losses due to unexpected
closures,| ||||||||to cover sudden
reductions
in fee income due to| ||||||||changing
childcare requirements
and to cover| ||||||||terminal
obligations
ifthe preschool were to close| ||||||||permanently.| |Amount|ofreserves|||held||Para 1.22|Together, reserves and operating
cash amounted| ||||||||to864,361at the year end. Ofthis, f48,446 was| ||||||||held
in notice accounts ofless than one year.| ||||||||Operating
cash included
an overpayment
by the| ||||||||local education
authority of85,495 which was| ||||||||repaid
in the months
following the year end.| |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|| |||||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,|| |||||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|| |any fundraising)|||||authority
funded
early education schemes.|| |Investment|policy and|||Para 1.46|Surplus funds not required
for immediate
running|| |objectives including|||any||costs are placed
in interest-bearing
savings|| |social investment||policy|||accounts
with notice pediods ofone year or less.|| |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| |||||||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| |||||||replacing those leaving for school.| ||||||~|A sudden
and lengthy closure ofpreschool,| |||||||due to damage to premises,
health and safety| |||||||issues, a pandemic,
or other factors.| |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| # # #