Trustees’ Annual Report for the period
From 01-09-2022. Period end date 31-08-2023
Charity name: Little Ashes Preschool
Charity registration number:1020026
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governingdocument |
Para1.17 | To provide Early years education to children aged 2-4 years old. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Provision of a safe environment childcare and early years educations for children aged 2-4 years. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on publicbenefit |
Para1.18 | The trustees ensure the best education is available for the children with a focus on outdoor learning and fun. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para1.20 | THE PRESCHOOL HAS OFFERED EXCEPTIONAL LEARNING TO GET THE CHILDREN READY FOR THE NEXT STEP IN LIFE. I BELIEVE WE HAVE MADE THE TRANSITION OF COMING BACK INTO PRESCHOOL SMOOTH AND PREPARED THEM FOR SCHOOL. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para1.41 | |
| Investment performance against objectives |
Para1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para1.21 | This year has represented the largest financial loss due to lower numbers and staff turnover, however our financial planning is targeting a profit in next AY |
| Statement explaining the policy for holding reserves stating why they are held |
Para1.22 | LITTLE ASHES RESERVES POLICY IS £40,000 TO COVER REDUNDANCY, RELOCATION IN THE EVENT THE CURRENT BUILDING IS UNUSABLE FOR ANY REASON |
| Amount of reserves held | Para1.22 | 20,000 |
| Reasons for holding zero reserves |
Para1.22 | |
| Details of fund materiallyin deficit |
Para1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para1.23 | DESPITE THE UNCERTAIN OPERATING ENVIRONMENT, WE BELIEVE WE ARE NOW IN A STRONG POSITION TO CONTINUE OUR EXCELLENT EY EDUCATION |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para1.47 | WE ARE FUNDED BY LOCAL GOVERNMENT 15 HOURS CHILD CARE SCHEME AND ALSO A 30 HOUR EXTENDED FUNDING SCHEME. WE ALSO HOLD FUN RAISING EVENT. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para1.46 | |
| A description of the principal risks facing the charity |
Para1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para1.25 | CONSTITUTION |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para1.25 | ASSOCIATION |
| Trusteeselection 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 |
Para1.25 | ELECTION |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para1.51 | |
| Relationship with any related parties |
Para1.51 | |
| Other |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para1.51 | |
| Relationship with any related parties |
Para1.51 | |
| Other |
Reference and Administrative details
| Charityname | LITTLE ASHES |
|---|---|
| Other name the charity uses |
LITTLE ASHES PRESCHOOL |
| Registered charity number |
1020026 |
| Charity’s principal address |
GREAT BRICKHILL PARISH HALL HORSEPOND ROTTEN ROW GREAT BRICKHILL MILTON KEYNES MK17 9BA |
|---|---|
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| GRAHAM WHITEHOUSE |
CHAIR | |||
| Katie Smith |
TREASURER | |||
| Catherine Moore | SECRETARY | |||
| Pelham Warren | ||||
| Rebecca Bullimore | ||||
| Neil Gowan | ||||
| David Jellis | ||||
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
| Trustee name | Dates acted if not for wholeyear |
|
|---|---|---|
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) G Whitehouse Full name(s) Graham Whitehouse Position (eg Chair person Secretary, Chair, etc)
Date
Profit and Loss
Little Ashes Pre School
For the year ended 31 August 2023
| Profit and Loss Little Ashes Pre School For the year ended 31 August 2023 |
|
|---|---|
| 2023 | |
| Turnover | |
| 200 - Sales | 237.00 |
| 210 - Session Fees - Payable | 22,251.54 |
| 220 - Session Fees - Funded Hours | 62,228.52 |
| 225 - Tiny Ashes Session Fees | 74.63 |
| 226 - Little Ashes Forest School | 1,709.80 |
| 230 - Uniform Sales | 155.50 |
| 240 - Lunch Club Fees | 2,201.00 |
| 242 - Snack | 28.00 |
| 247 - Registration Fees | 846.50 |
| 250 - Fundraising | 917.00 |
| 255 - Other Donation | 3,564.13 |
| 262 - Government grants | 40,516.72 |
| 270 - Interest Income | 73.64 |
| Total Turnover | 134,803.98 |
| Cost of Sales | |
| 315 - Uniform Orders | 1,538.50 |
| 325 - Direct Expenses | 130.80 |
| Total Cost of Sales | 1,669.30 |
| Gross Profit | 133,134.68 |
| Administrative Costs | |
| 311 - Snack Purchase | 1,345.71 |
| 400 - Advertising & Marketing | 182.00 |
| 401 - Audit & Accountancy fees | 864.00 |
| 404 - Bank Fees | 104.31 |
| 412 - Consulting | 1,440.00 |
| 416 - Depreciation Expense | 891.59 |
| 420 - Entertainment-100% business | 190.00 |
| 425 - Postage, Freight & Courier | 0.95 |
| 429 - General Expenses | 6.00 |
| 430 - Pre School Materials | 4,886.44 |
| 431 - Forest School Materials | 25.92 |
| 432 - Tiny Ashes Materials | 245.87 |
| 433 - Insurance | 632.15 |
| 434 - SEN Materials | 392.32 |
| 441 - Legal Expenses | 40.00 |
| 461 - Printing & Stationery | 53.94 |
| 463 - IT Software and Consumables | 885.48 |
| 469 - Rent | 3,980.33 |
| 470 - Parish Hall Rent | 4,963.00 |
Profit and Loss Little Ashes Pre School
14 Oct 2024 Page 1 of 2
Profit and Loss
| 2023 | |
|---|---|
| 471 - Forest Hut Rent | 3,325.00 |
| 477 - Salaries | 117,168.35 |
| 479 - Employers National Insurance | 7.89 |
| 480 - Staff Training | 3,752.51 |
| 482 - Pensions Costs | 1,812.16 |
| 485 - Subscriptions | 1,040.75 |
| 486 - Website Maintenance & Site Hosting | 792.00 |
| 489 - Telephone & Internet | 356.79 |
| Total Administrative Costs | 149,385.46 |
| Operating Profit | (16,250.78) |
| Profit on Ordinary Activities Before Taxation | (16,250.78) |
| Profit after Taxation | (16,250.78) |
Profit and Loss Little Ashes Pre School
14 Oct 2024 Page 2 of 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LITTLE ASHES PRE-SCHOOL
Independent examiner’s report to the trustees of Little Ashes Pre-School
I report to the charity trustees on my examination of the accounts of Little Ashes Pre-School (the Trust) for the year ended 31 August 2023.
Responsibilities and basis of report
As the charity's trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust’s accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sophie Jones FCCA
Price Jones Partnership Limited Chartered Certified Accountants Alders Farm, Ivy Lane Great Brickhill Buckinghamshire MK17 9AH
Date: 14[th] October 2024