## **Trustees’ Annual Report for the period**
**From 01/09/2019 To 31/08/2020**
**Charity name: Little Ashes Pre School Charity registration number: 1020026**
## **Objectives and Activities**
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SORP reference
Summary of the Para 1.17 To provide Early Years education
purposes of the charity to children aged 2-4 years.
as set out in its
governing document
Summary of the main Para 1.17 and Provision of a safe environment
1.19
activities in relation to childcare and Early Years
those purposes for the education for children aged 2-4
public benefit, in years.
particular, the activities,
projects or services
identified in the
accounts.
Statement confirming Para 1.18 The trustees of Little Ashes
whether the trustees worked hard this year to maintain
have had regard to the our Early Years provision of
guidance issued by the education and childcare, through
Charity Commission on a challenging period affected by
public benefit lockdown-related closures and
operating in a manner compliant
with Covid guidelines, to ensure
the safety of our children and our
staff. The Trustees also worked
hard on plans to enlarge and
improve our provision in the
following academic year, thus
increasing the public benefit by
catering to more children and
offering them a more rounded
education, with better outdoor
facilities, to increase
independence and prepare them
for School.
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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SORP reference
Policy on grant making Para 1.38
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Policy on social Para 1.38
investment including
program related
investment
Contribution made by Para 1.38
volunteers
Other
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## **Achievements and Performance**
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SORP reference
During an unusually challenging
year, Little Ashes has provided a
safe and secure environment for
Summary of the main our enrolled children where they
Para 1.20
achievements of the have been able to grow in
charity, identifying the independence and prepare
difference the charity’s themselves for a successful
work has made to the onward education at School.
circumstances of its We closed the setting for a period
beneficiaries and any during the national lockdown in
wider benefits to society April & May 2020, re-opening as
as a whole. soon as we believed we could do
so in a safe manner, ensuring
minimal risk of transmission via
our setting, and offering a vital
opportunity for social contact and
connection for this young age
group.
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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Achievements against
objectives set Para 1.41
Performance of
fundraising activities
against objectives set Para 1.41
Investment performance
against objectives Para 1.41
Other
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**Financial Review**
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Review of the charity’s Para 1.21 The Covid pandemic has brought
financial position at the many extra operational
end of the period challenges in keeping our Early
Years setting open, which in turn
have led to a challenging
financial environment. Despite a
very challenged fundraising
landscape, we have managed to
remain in a strong financial
position this year, thanks to
ongoing Local Authority funding,
supportive parents and the
government’s furlough support.
Statement explaining Para 1.22 Little Ashes’ reserves policy is
the policy for holding normally limited to £40,000,
reserves stating why however given the acute
they are held uncertainty of the Covid situation
and our commitment to support
our staff as best we can if we
have to close again, this is
temporarily on hold.
Amount of reserves held Para 1.22 £39260
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially Para 1.24 N/A
in deficit
Explanation of any Para 1.23 Despite the uncertain operating
uncertainties about the environment we believe we are in
charity continuing as a a strong position to continue our
going concern provision of excellent EY
education.
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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We are funded by a mix of Local
Authority funding (both 15 hours
The charity’s principal Universal Childcare and 30 hours
sources of funds Para 1.47 extended provision) and parent
(including any funding, supported in normal
fundraising) times by fundraising activities of
our parent volunteers (which this
year largely took place pre-
pandemic, with a Quiz Night, a
Christmas Fair and a Joules Sale)
and individual charitable
donations, all of which are vital to
our ability to provide such a
wonderful learning environment
for the children.
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
Covid-enforced closures.
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A description of the Para 1.46 principal risks facing the charity Other
## **Structure, Governance and Management**
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Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 Association
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Election
methods including
details of any
constitutional provisions
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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## **Reference and Administrative details**
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Charity name Little Ashes
Other name the charity Little Ashes Pre School
uses
Registered charity 1020026
number
Charity’s principal Great Brickhill Parish Hall,
address Horsepond,
Rotten Row,
Great Brickhill,
Milton Keynes, Bucks
MK17 9BA
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## **Names of the charity trustees who manage the charity**
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Graham Chair
1
Whitehouse
2 Charlotte Monk Secretary
3 Ben Humphrey Treasurer
4 Molly Ratcliffe Vice Chair Sep ‘19 – Feb ‘20
5 Claire Pincott
6 Debbie Jones
7 Catherine Moore Vice Chair
8 Leonie Wroe
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
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Trustee name Dates acted if not for
whole year
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**Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s)** Ben Humphrey **Full name(s)** Benjamin James Humphrey
**Position (eg** Treasurer **Secretary, Chair, etc)**
**Date** 03/10/2021
## **Balance Sheet**
## **Little Ashes Pre School As at 31 August 2020**
|**Balance Sheet**
**Little Ashes Pre School**
**As at 31 August 2020**|**Balance Sheet**
**Little Ashes Pre School**
**As at 31 August 2020**|
|---|---|
|**31 AUG 2020**||
|**Fixed Assets**||
||**Tangible Assets**|
||Computer Equipment
2,713.00|
||Forest School Equipment
725.97|
||Forest School Equipment Depreciation
(181.49)|
||Less Accumulated Depreciation on Computer Equipment
(678.25)|
||Less Accumulated Depreciation on Office Equipment
(6,274.88)|
||Office Equipment
7,610.67|
||**Total Tangible Assets**
**3,915.02**|
|**Total Fixed Assets**
**3,915.02**
**Current Assets**||
||**Cash at bank and in hand**|
||Barclays Business Banking Curr
23,789.05|
||Barclays Business Banking Savi
17,937.24|
||**Total Cash at bank and in hand**
**41,726.29**|
||Accounts Receivable
342.00|
||Prepayments
2,253.77|
|**Total Current Assets**
**44,322.06**
**Creditors: amounts falling due withinone year**||
|Accounts Payable
34.80||
|Income in Advance
8,890.56||
|PAYE Payable
51.36||
|**Total Creditors: amounts falling due within one year**
**8,976.72**||
|**Net Current Assets (Liabilities)**
**35,345.34**||
|**Total Assets less Current Liabilities**
**39,260.36**||
|**Net Assets**
**39,260.36**
**Capital and Reserves**||
|Current Year Earnings
12,509.33||
|Retained Earnings
26,751.03||
|**Total Capital and Reserves**
**39,260.36**||
Balance Sheet
Little Ashes Pre School
## **Profit and Loss**
## **Little Ashes Pre School For the year ended 31 August 2020**
|**Profit and Loss**
**Little Ashes Pre School**
**For the year ended 31 August 2020**||
|---|---|
||**2020**|
|**Turnover**||
|Breakfast Club Fees|32.00|
|Fundraising|5,913.47|
|Interest Income|18.76|
|Lunch Club Fees|1,062.00|
|Other Donation|2,764.87|
|Sales|176.00|
|Session Fees - Funded Hours|37,550.50|
|Session Fees - Payable|13,962.00|
|Snack|532.39|
|Uniform Sales|201.00|
|**Total Turnover**|**62,212.99**|
|**Cost of Sales**||
|Cost of Fundraising|641.95|
|Uniform Orders|505.10|
|**Total Cost of Sales**|**1,147.05**|
|**Gross Profit**|**61,065.94**|
|**Administrative Costs**||
|Advertising & Marketing|348.45|
|Cleaning|16.23|
|Depreciation Expense|1,305.01|
|Entertainment-100% business|232.10|
|Forest School Materials|195.67|
|General Expenses|13.51|
|Insurance|470.08|
|IT Software and Consumables|114.79|
|Pensions Costs|574.28|
|Postage, Freight & Courier|10.33|
|Pre School Materials|345.85|
|Printing & Stationery|114.84|
|Recruitment costs|480.00|
|Salaries|43,742.92|
|Snack Purchase|464.01|
|Staff Training|384.60|
|Staff Uniforms|23.62|
|Subscriptions|566.20|
|Telephone & Internet|113.67|
|Travel - National|221.40|
|Website Maintenance & Site Hosting|1,072.82|
|**Total Administrative Costs**|**50,810.38**|
Profit and Loss
Little Ashes Pre School
Profit and Loss
**2020**
|**Operating Profit**|**10,255.56**|
|---|---|
|**Other Income**||
|Furlough Scheme|2,253.77|
|**Total Other Income**|**2,253.77**|
|**Profit on Ordinary Activities Before Taxation**|**12,509.33**|
|**Profit after Taxation**|**12,509.33**|
Profit and Loss
Little Ashes Pre School