2021-08-31-accounts - Mere Green 0-5

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Trustees' Annual Report for the period

Period start date Period end date 01 09 2020 31 08 2021 From To

Section A Reference and administration details

Charity name Mere Green 0-5

Other names charity is known by

Registered charity number (if any) 1019905

Charity's principal address Mere Green Library & Community Centre

30A Mere Green Road Sutton Coldfield

Postcode B75 5BT

Names of the charity trustees who manage the charity

----- Start of picture text -----
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Duncan Gore Chair Family members of Mere
Green 0-5 (parents/carers
Tony Sutera Treasurer (until Sep 20 – Feb 21
2 who attend Mere Green 0-
Feb 21)
5 Pre-School and/or Mere
3 Vicky Moran Secretary
Green 0-5 Stay & Play
Melanie group) elect the
4
Panayiotou Management Committee
members (trustees).at the
Laura Treasurer (from
5 AGM by majority vote.
Vaakanainen March 21)
Catherine Sep 20 – Feb 21
6
Thomas Up to 3 further co-opted
committee members can
Rachel Mar 21 – to date
7 be join the management
Hammond
committee part way
8 Emma Jinks Jul 21 – to date through the year. They
9 are accepted onto the
committee by a
10
committee member vote
11 at a regular committee
meeting.
12
13
14
15
16
17
18
19
20
----- End of picture text -----

Names of the trustees for the charity, if any, (for example, any custodian trustees)

TAR

Nov 2021

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Melanie Panayiotou (Pre-School Manager)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Constitution dated August 2016

(eg. trust deed, constitution)

How the charity is constituted

(eg. trust, association, company)

Association

Trustee selection methods Trustees elected by members vote at AGM or up to 3 co-opted (eg. appointed by, elected by) members voted in by current trustees.

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

We follow the Pre-School Learning Alliance Constitution and tend to follow their policies and procedures for recruitment and training

The pre-school is managed by the management committee which is made up of parents and carers of children who use or have used the charities services, who volunteer to this role. The management committee employ paid qualified staff to run the pre-school and stay & play group.

We are registered with OFSTED and are regularly inspected. We were rated good at our last inspection in Oct 2019.

Systems, policies and procedures are reviewed and updated as required.

Risk assessments are carried out for all eventualities. Decisions and policies are made and cascaded to all staff and parents/carers.

TAR

Nov 2021

Section C Objectives and activities

The aim of Mere Green 0-5 is to enhance the development and education of pre-school age children, by providing a safe Summary of the objects environment in which to learn and play. of the charity set out in its governing document

Mere Green 0-5 runs a preschool playgroup open to children from the age of 2 to 5. This operates every morning, Monday to Friday, with additional sessions on Wednesday and Friday afternoons for children in the pre-school year.

We also run a Stay & Play group with sessions open to children from 0-3 and their parents/carers.

Mere Green 0-5 promotes early education in line with the Early Years Foundation Stage profile and has been rated as good by Summary of the main OFSTED. activities undertaken for the public benefit in In setting our objectives and planning our activities our trustees relation to these objects have given careful consideration to the charity commissions (include within this general guidance on public benefit. section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

TAR

Nov 2021

We are successfully operating with an elected committee of volunteer members.

Government Early Education Entitlement Funding enables us to employ staff who work closely with the committee to provide an OFSTED good rated community pre-school.

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;

Volunteers work closely with staff to provide a safe stimulating environment for all children and adults. Together, volunteers and staff, continually evaluate and grow to ensure the setting provides the very best care for the children, their families and the community.

contribution made by volunteers.

TAR

Nov 2021

Section D Achievements and performance

Summary of the main achievements of the charity during the year

Fundraising events during the year raised: £359

Our preschool is very popular. We are proud of the wide range of play and learning activities provided at our preschool. We plan activities based upon the Early Years Foundation Stage Profile and the individual needs and interests of our children. We operate from a room within a community centre. As we don't have exclusive use of the room, we need to reinvent the space every day, which gives us an excellent opportunity to vary the activities we offer. We are fortunate to have a fantastic outdoor play area, provided from fundraising activity in past years. Our children have a wide range of activities they can undertake outside.

Behaviour at our sessions is generally excellent, which is testament to the structure of the sessions and our excellent staff. Our view, and that of their parents, is that when the children leave 0-5 to start school they are school ready, thanks to their experiences at Mere Green 0-5.

There have been no serious incidents to report during this period.

TAR

Nov 2021

Section E Financial review

Brief statement of the charity’s policy on reserves

We endeavour to maintain a reserve fund (cash funds) of 3 – 6 months average operating costs to protect Mere Green 0-5 against unforeseen expenses; fluctuations in demand for places; changes in government policy on early years funding and future projects. This also covers the costs that would be incurred should we cease to operate. At the end of this period our reserve account held funds of £22000. These funds are held in a separate reserve account.

Details of any funds materially in deficit

N/A

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

Our main source of funding is fees and charges for our services. This is supplemented by fundraising activity led by the management committee. This year we have held various fundraising activities including cake sales and nearly new sales.

the charity’s principal sources of funds (including any fundraising);
Our main expenditure is staff costs and rent.
how expenditure has Our income for the year was £93,348, which makes us eligible supported the key for independent examination. This has been undertaken by objectives of the charity; Kathy 0 Donnell (BA HONS) FCCA MAAT DIFR and her report is attached below.
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Duncan Gore Laura Vaakanainen Position (eg Secretary, Chair, etc)[Chair] Treasurer

TAR

Nov 2021

MERE GREEN 0-5 REGISTERED CHARITY NO 1019903 Not85 to the Accounts for the year ended 31 August 2021 T•xallon A pjrrgnt tax liability18 reco9nised Icf the tsx payable on the taxable profil ol thg curronl end pasl od$. A current lax 858el 18 re¢ognl$ed in respect ol a tsx 1088 Ih8t cgn b¢ carrf8d back 10 rear lax PBld In a prgviou8 p8rlod. Def8rrod lax 19 reco9nl8ed In r88pect of all t4mlng diffeiences behY8en Ihe Tecognlllon ol Income and expenses ITh the financtal $tstgm8nt5 and their Indusion in lax assessments. Unrelieved tax losses and other deferred tax assets 8r• recognised only lo the extenl that11 Is probabl? that they vlll bg rKovered agalnst tha r•v8fsal of deferred lax Ilabllllles Of other lulure 18xab18 profiis. De18rred 14x is m888ur8d using tho tax rate8 and laws Ih81 have been enacted or BubBlantsvely enaclgd by Mportlng date and Ihal are 80cled lo opply to the fevers81 of th8 liming di118rencè, èxcept lor rnvalued land and Invesimenl property where the tax fole Ihat appli98 tg the 8a1• of Ihe a886118 used. Curenl and d8lerred lax 898et8 and Ilabllilies are not di8counl8d. Prnvlslon Provlslons Ile IlabllllSeg ol uncertaln mIng or arnounll are r8cognlsed when there Is an obllgaiion 81 Ihè faptsrtino date ai a f86uII ol a pa81 event, il ig probablè that aconomlc bengfit will b• Iran$18rr8d 10 8è1116 thè obllg•lkJn and the amount of the obllgalloTh can be e311rn8ted rollybly. 2 Tanglbl• tlx•d a•••¢¥ Colt Al 1 Seplernbgr 2020 At 31 Augusl 2021 Amortl¥•tlon Al I Seplgrnber 2020 Provlded durtng Ihg yg•r Al 31 Augu612021 27,$99 148 N•t book vJly• At 31 Augu812021 594 AI 31 Aug1 2020 742 4 crodltors: •mount• f•lllno due wlthln on4 y•ar 2021 2020 Tf8de crediiors Obligolions under finaneo la88e and hlrg PUfca•• conlrad 310 560 310 5 Oth•r Inlomiatlgn MERE GREEN 0.5 REGISTERED CHARITY NO 1018905

MERE GREEN 04 REGISTERED CHARITY NO 1019905 Notes to thè Accounts for th• year ¥nd•d 31 August 2021 1 Ae¢ountlng policlè8 asis orpr•tiOn The account5 havg been pr8par8d under the historical cost convenllon and In 8¢cordance with FRS 102. Thè Financial RoportiNJ Standard applicable In Ihe UK and Republic ol Ir*l8nd {35 applled lo ¥rnall 8nlilies by seclion 1A of th8 5tsndardl. Turnover Turnover is m8asur8d 81 Ihe lair valve of Ihe coThstderation r8C8ived or ¢eNable, net of discounts and value added taxe5. Tumover Includes revenue 88rned from Ihe sale of 9ood8 and from the rendering ol seNices. Yurnover from the salg of goDds is r8cognised when Ihe snificant risks and rewards ol ownership of Ihe goods have transferred to tho buyer. Turnover from the rendering of ser¥e$ is feco9nised by rgfer¢rtea to the slage of ¢ornp181ion ol the ¢onlr8d. The slage ol completion ol a ¢onlract is measured by comparlng Ihe costs incurred for woik performed to datg to Ihè total e61imaled contrgct costs. Tanglbh ffxed assets Tangible fixed asset8 are ffleasur8d al cost1888 accumulalive depreclation and any accumulativè impaimient losses. Dgpreciation is proed on all langibla fixed asset¥, olhar ihan freehold land. al rat85 calojlated to 11? olf the cost. less e3Mated r85idual value. of èach assel evenly over its eXcted useful life, as ftsllows.. FIu3, fittings. tools and equipment 20% reducing value Debtors Short lern debtors mèasur•d at trallsadion prfee Iwhlch i¥ usualty the invoic8 prfce}, le¥¥ any irnpaimenl bs88s for bad and doublful debts. Loans and other financi81 assets are inttially recognised al transaction price Induding any lrnnsactlon StS aThJ 6ubs8quentiy measurgd at amort158d eosl delermined using th8 eff8Ctwe WIe$t method, less any impairment Ios385 for bad and doubtful debts. Credltors $Irt term cr8diiors a measured al tfansaction price Iwhsch 15 usually th8 invoice prKel. Loans and olhor finanual 118blliti?¥ are inlllally recogni5ed al Iransaction price nel of any transacllon costs and subsequenlty measufed al amortis•d cost dètèrmined using Ihe effecbve intorest method.

MERE GREEN 0.5 REGISTERED CHARITY NO 1019905 Statement of Changès in Equlty for the year èndod 31 August 2021 Share Share Re- ¢•pltal premlum valuatlon reserve Proflt and loss account Total At 1 September 2019 41.186 41.188 Loss lor the financlal year 652 652 Total comprehensive income lor the financial year 8S2 852 O1¥endS Sharès issugd Shaf9$ rgdggm¢4 A¢ 31 AygUSt 2020 Correction of prior year error8 Eff8et ol r•lrospacllv& changes in o¢¢ounting pollcles At 31 August 2020 a¥ Testal?d 41.840 41.840 41.840 41.840 At 1 Seplemb¢r 2020 41,840 41.840 Loss for the financial er 12,838 12.838 Tol81 comprgh8nsivè income for the financi81 ar 12.838 12,838 Dlvidends Shares issued Shares redeemed At 31 August 2021 S4,678 54.678

MERE GREEN 04 ReGISTERED CHARrrY N0 1019905 RegSstered numb•r. 10199)5 Balan¢• She•t as al 31 Augu•l 2021 Tawi4e a58ets TarrtJtrAe ass1 In¥tslmen 742 742 SioE5 Cash ai bwk and Mi $1.624 41.308 Cr•thWrn: wMur4sf41Ung du• thln y•ar Plo) 14•1 Cmnt A8•ts 41.09 Tot•1 a¥8•t• I• cumnl Ilaknlllle 54.678 41 ¢rndltorn: amouAt# PYo¥l¥loM fgr IL4blMlle 41 C¥ital and Tr¥•r¥•s C81ed upsharg ca Share prwriuTr) Re¥ua1)n PKKil ¥nd 105s aC(c 51.678 41.840 Ca111 A¢cow 54.678 Apwgj by the on 30 Novwnbu 2021

MERE GREEN 04 REGISTERED CHARrrf NO 1019905 Profit and Loss Aceount fn Consmals$. Fnit Prn Schod expEn¥es Con$ummables- ses¥iw adr$8 CR8 chS Con$umm8t4es Prthury P051age & sial Wages Pre School Wages Ttrjdlers Flenl Pre SthorA Rent ToOdlBr5 OfstsBd Insurar Trdining ¢OUntharge 08preckq¢n 232 127 234 25 221 182 82 478 48.332 67M47 8.733 5212 975 974 410 148 80.$47 502 59.628 Profft Uos61 for prtod 12.838 652

MERE GREEN O-S REGISTERED CHARfTY NO 1019905 Accountsnts. Report Aceouniants. report to the directors of MERE GREEN 04 REGISTERED CHARiff NO 1019905 You consfder that the company is exempt Irom an autht lor the wr ended 37 Augusl 2021. You have aCedgemnY and Ihe basis of thati¢)n and explanations you have given to US. We hav$ not Wi8d (yjt 8n audit or any oiher revitrw. and consequenuy do not express any opiDn on Ihese 8¢¢ounls. KATHY O DONNELL FCCA PIAAT Chartered certif h£countanls 35 HILL U4NE 8ASSEThS POLE SUTTON COLDFIELD W MIDLANDS B75 SLE 30 November 2021

MERE GREEN 0-5 REGISTERED CHARITY NO 1019905 Reglstered number: 1019905 Treasurers. Report l approve accounl vthth Oynpri of the Profit and Loss AoyJunt . Balance Sheet and the lated note$. l ackned90 my f0SPDnsibility fty th¥ accounis. indudiro the appropriateness of th8 accounting basis as sat oul in not& 1. arH1 foi provKJing all the inf0mln and explanations rSSary for Iheir complation. LAURA VMKAWNEN TREASURER

MERE GREEN 0.5 REGISTERED CHARrrf NO 1019905 Company Infomiation Accountsnts KATHY O DONNELL FCCA pAT 3S HILL LANE &IsSEs POLE 8LrrTON COLDFIELD W MIDLANDS B75 6LE 1019905 Treasurer Laurn V8akanainen18ppothled Marth 20211

qERE GREEN 04 REGISTERED CHARITY NO 1019905 Report and accounts Contents PH90 C8ntro information Treasurers, report Accountants, report Profil and108s accounl Balance 8h8è1 Ststement of changes In equbty Noles to th& aCUnIS

Registsred number 1019905 MERE GREEN O-5 REGISTERED CHARifi NO 1019905 Report and Accounts 31 August 2021