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2023-07-31-accounts

Holbrook Community - Pre school

Registered Charity No. 1014885

Trustees Report and Accounts for the year ended 31 July 2023

Holbrook Community Pre-school

Registered Charity No. 1014885

Trustees' Annual Report for the year ended 31 July 2023

Contents

Page
Legal and Administrative Information 1
Trustees' Annual Report 2-3
Review of Activities 4
Financial Review 5
Independent Examiner's Report on the Accounts 6
Receipts and Payments Account 7

Holbrook Community Pre-school

Registered Charity No. 1014885

Legal and Administrative Information

Management Committee and Trustees

The Management Committee, who are also trustees, are appointed each year at the AGM at which time the previous Management Committee is dissolved. The Management Committee members that served during the period up to the date of this report were:

th - For the period from 12 October 2022 current

Sophie Devaney (Chair) Caitlin Mechlinski (Secretary) Amy Hide (Treasurer) Roseanne Green (Staff)

th - th For the period from 12 October 2021 12 October 2022

Gary Field (Chair) Nigel Drake (Secretary) Virni Del Rosario Field (Treasurer) Sophie Devaney

Charity Number

Registered Number 1014885

Principal Address

Nightingales, Worthing Road, Southwater West Sussex RH13 9HG

Registered Charity No. 1014885

Holbrook Community Pre-school

Trustees' Annual Report for the year ended 31 July 2023

Introduction

Holbrook Community Pre-school was established in 1983 with the aim of enhancing the development and education of children under statutory school age, in a parent-involving and community-based group, in the Holbrook area of Horsham.

The overall management and control of the Pre-school rests with the management committee, who are also the Pre-school’s charity trustees. The officers of the committee are the Chair, treasurer and the secretary and in addition there have been 1 other elected or coopted committee members. The charity is an unincorporated association and its constitutional document, based on the model constitution produced by the Pre-school Learning Alliance, was last updated on 1[st] March 2017.

Pre-school activities are run by highly qualified and experienced staff and 1 part time administrator all employed by the Pre-school. At any one time the Pre-school has up to 45 children, between the ages of 2 and 5 years, registered.

Review of Activities

We have had a successful year, despite having less children than previous years.

Our Christmas Fayre raised £605.00. This is more than previous years as we sold raffle tickets in advance

At Easter we held a sponsored bounce in the garden. This raised £504.44

During July we held our Summer Fayre which raised £613.50

During this year we have changes to our staff team; We employed one more member of staff. Unfortunately 2 members of staff who were on long term sick leave have died. This was a very hard time for current members of staff.

Trustees

Committee members, who are also trustees, give their time freely and are not remunerated. The minimum number of committee members is 5 and at least 60 per cent of the committee members are family members (i.e. parents or guardians of children who attend the Pre-school).

The committee members are elected for one year at the Annual General Meeting. Retiring committee members are eligible for reelection unless they have already served as a committee member for ten consecutive years. As part of their training, trustees are given an induction and are kept up to date with legislative requirements.

In setting our objectives and planning our activities the committee members have given careful consideration to the Charity Commission’s general guidance on public benefit and in particular to its supplementary public benefit guidance on advancing education and on fee-charging.

Signed SOPHIE DEVANEY_____ ___ Date______ _11/10/23_

Sophie Devaney (chairperson)

Signed _ AMY HIDE _____ Date11/10/23___

Amy Hide (treasurer)

Signed _CAITLIN MECHLINSKI___ Date__11/10/23_____

Caitlin Mechlinski (secretary)

Financial Review

This year our finances reflect the evolving nature of Pre-School and our efforts to continue to provide high quality early years education.

We are a non profit making charity and one of our main principles is to keep the fees as low as possible so that no children are excluded from Pre-school due to their financial background.

Fundraising and donations; We made £2204.22 through fundraising and donations efforts this year. In the climate of austerity we are very pleased with this.

Loss £1837.84

We finished the year with a smaller loss than last year of £1838. Once again this is due to raising costs, the amount West Sussex fund us for each child and many children attending for mornings only rather then until 2.45 Preschools in our local area is very competitive with another 3 located nearby. Extending our opening hours in January helped to bring more children in.

At the end of the year the pre-school had total funds of £30299 however this includes £6572 funding from West Sussex for September 2023,with no restricted balance. We have a healthy contingency reserve of £18,378 which would enable pre-school to close and meet all its financial obligations.

The financial strategy of the pre-school continues to be to maintain a balanced budget. We believe this will be achieved by the continued fundraising efforts of parents and staff and a tight control on expenditure throughout the coming year and advertising.

There were no outstanding liabilities at the 2023 financial Year End.

Signed AMY HIDE ___Date_ 11/10/23_ ____

Amy Hide (treasurer)

Holbrook Community Pre-school

Registered Charity No. 1014885

Independent Examiner's Report on the Accounts

Section A – Independent Examiners Report

Report to the Trustees of Holbrook Community Pre-school, charity number 1014885 on the accounts for the period ended 31 July 2023 set out on pages 5 to 6

Respective The charity's trustees are responsible for the preparation of the accounts. responsibilities of The charity’s trustees consider that an audit is not required for this year trustees and examiner under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent My examination was carried out in accordance with general Directions examiner’s statement given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Signed:
Name:
Address:
Barbara Budd 25/9/23
Barbara Budd
30 Byron Close, Horsham West Sussex RH12 5PA

Holbrook Community Pre-school

Registered Charity No. 1014885

Receipts and Payments Account

for the year ended 31 July 2023

2023 2022
£ £
RECEIPTS
Nursery Funding 54,183 55,667
Fees (including snacks) 10,417 13,031
Registration Fees 400
Fund Raising
Deposits refunded
Funded Deposits 300
Unfunded Deposits 400
Fund Raising 1,898 1,583
Gift Aid 841 1,348
Donations 306 806
WCCC Grant
Uniform 10
Inclusion Funding 3,200
TOTAL RECEIPTS 71,245 73,145
PAYMENTS
Salaries – Teaching 48,656 50,547
Salaries – Admin 4,921 5,696
Pension/HMRC 2,024 2,027
Rent 13,378 15,631
Snacks 469 417
Activities 275 643
General 730 442
Stationery 20 222
Gifts 20 73
Fund Raising Costs 252 48
Fund Raising Money spent 563
Membership 429 545
Insurance 1,160 1,160 1,127
Registration 50 50
Uniform - Staff 144 163
Uniform - children 148
Training 226 794
Donations
DBS – Staff 228 270
Inclusion Spending
Deposits refunded 100 275
Outings
TOTAL PAYMENTS 73,082 79,681
SURPLUS / (DEFICIT) (1,837) (6,536)
2023 2022
Current A/C Current A/C
30,299.49 32,685.89
This figure
This figure includes includes
£6572.27 from £6383.33 from
W Sx for Sept
W Sx for Sept 2023 2022
2023 2022
Contigency A/C Contigency A/C
18,378.29 18,302.25