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2022-08-31-accounts

Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report for theperiod for theperiod for theperiod
From Period start date To Period end date
1 Sept 2021 31 Aug 2022

Section A Reference and administration details

Charity name Elstow Pre-School - The Ladybirds

Other names charity is known by

Registered charity number (if any) 1020327

red charity number (if any) 1020327
Charity's principal address The Bunyan Meeting Place
High Street,
Elstow
Postcode MK42 9XP

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Joanna Jameson Treasurer
Lorraine Kemp Administrative
Manager
Sonya Ford Chair
Colin Kemp Vice Chair

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

Name Dates acted if not for whole year

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Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of adviser
Name
Address
EYFS Business
Development officer
Karen Davis Bedford Borough Council, Cauldwell St, Bedford, MK42 9AP
EYFS Adviser for Teaching
& Learning
Nicola Millard Bedford Borough Council, Cauldwell St, Bedford, MK42 9AP

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

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Constitution (eg. trust deed, constitution) How the charity is constituted Committee (eg. trust, association, company) Trustee selection methods Voluntary/Elected (eg. appointed by, elected by)

Additional governance issues (Optional information)

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

The Committee adopt and review pre-school policies & procedures on a rolling adaptation basis.

New committee members are inducted via welcome packs and guides.

Chair, Treasurer and Secretary have specific induction/hand over packs.

The pre-school has a line management flow chart within the staff handbook that details the structure and responsibilities of both staff and committee.

We also work with and are advised by Bedford Borough Council Early Years Foundation Stage officers.

Members of the Pre-School Learning Alliance.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

To provide a protective, happy, caring and stimulating environment for young children to gain essential early skills, thereby affording peace of mind to parent/carers when entrusting us with their child’s care.

Enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children.

Summary of the main

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The main activities undertaken by the pre-school are:

Provide accommodation and equipment. Raise money to pay for pre-school activities. Make such payments as shall be necessary. Fix and collect the fees payable in respect of children attending sessions run by the pre-school.

activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Subject to adherence with all applicable legistration, to control the admission of children to the sessions run by the pre-school and if appropriate, require parents or guardians to withdraw them. Insure the property and assets of the pre-school against any foreseeable risk and to take out other insurance policies to protect the pre-school as required.

Provide indemnity insurance to cover the liability of the committee members which by virtue of any rule of law would otherwise attach to them in respect of any negligence, default, breach of trust or breach of duty of which they may be guilty in relation to the pre-school. Ensure that any such insurance shall not extend to any claim arising from any act or omission which the committee members knew to be a breach of trust or duty or which was committed by the committee members in reckless disregard to whether it was a breach of trust or duty or not. Also that any such insurance shall not extend to the costs of any unsuccessful defence to a criminal prosecution brought against the committee members in their capacity as committee members of the preschool.

Employ paid and unpaid staff, agents and advisors as maybe required from time to time.

To do any other lawful things which are necessary or desirable to enable the pre-school to achieve its aims.

Additional details of objectives and activities (Optional information)

Membership of the pre-school committee is voluntary and is divided into two kinds:

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

Parents or guardians of all children who attend any group

run by the pre-school wishing to support the aims of the pre-school.

Each family holding Family Membership will count as one member of the pre-school and will be entitled to one vote at any general meetings of members of the pre-school.

(b) Affiliated Membership

Affiliated Membership is open to those individuals, organisations or other bodies interested in supporting the aims of the pre-school, but who may not have a child attending the pre-school.

An Affiliated Member will be entitled to one vote at any meetings of the pre-school.

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Section D Achievements and performance

Summary of the main achievements of the charity during the year

The pre-school continues to keep the number of children at suitable levels to ensure the continuing employment of staff.

New play equipment has been purchased and we replace equipment and toys that are more popular as and when required.

The committee has continued with a good level of membership with some turnover of members as children join and leave the preschool.

Key roles in the committee have been stable for several years.

Stable financial processes enable us to monitor and predict future spending and saving.

Provided one-to-one care for specific children, funded by government.

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Section E Financial review

Brief statement of the charity’s policy on reserves

Ladybirds is run so as to keep an available cash balance in reserve, at a level sufficient to meet our statutory obligations under employment law, should we be unable to continue operating.

Details of any funds materially in deficit

None.

Further financial review details (Optional information)

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

Additional income is derived from private fees charged for children before they are entitled to the government funding, and for sessions not covered by the funding for older children. We do our best to supplement this income with fundraising as far as possible.

Section F Other optional information

During the financial year to August 2022, the Covid-19 pandemic had a lesser effect on Ladybirds, but certain procedures developed during the pandemic have become standard, incorporated into everyday routines.

Child numbers have remained at or near capacity, keeping staff costs high.

Overall Ladybirds are showing a financial surplus position for this year, though as this is calculated on a receipts and payments basis, the increase is predominantly due to timing differences on certain expenses.

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)
Position (eg Secretary, Chair,
etc)
Date
Sonya Ford Joanna Jameson
Chair Treasurer
03/10/23

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Charity Name No (if any) Elstow Pre-School - The Ladybirds 1020327 Receipts and payments accounts CC16a For the period Period start date Period end date To from 9/1/2021 8/31/2022

Section A Receipts and payments
A1 Receipts
Government funding
126,501
Session and other fees
10,116
Sales
374
Other income
534
Overpayment received in error
-
-
-
-
137,524
-
-
Sub total -
Total receipts 137,524
A3 Payments
Staff costs
106,216
Payroll taxes
2,119
Overheads
10,531
Other miscellaneous costs
8,786
Overpayment refunded
2,422
-
-
-
-
Sub total 130,074
-
-
Sub total -
Total payments 130,074
Net of receipts/(payments) 7,451
A5 Transfers between funds
-
A6 Cash funds last year end
30,473
Cash funds this year end 37,923
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
126,501
10,116
374
534
-
-
-
-
137,524
-
-
-
137,524
106,216
2,119
10,531
8,786
2,422
-
-
-
-
130,074
-
-
-
130,074
7,451
-
30,473
37,923
Last year
to the nearest £
- 126,501 117,783
- 10,116 16,475
- 374 436
- 534 996
- - 2,422
- - -
- - -
- - -
- 137,524 138,112
- - -
- - -
- - -
- 137,524 138,112
- 106,216 108,581
- 2,119 2,173
- 10,531 15,760
- 8,786 9,121
- 2,422
- - -
- - -
- - -
- - -
- 130,074 135,634
- - -
- - -
- - -
- 130,074 135,634
- - 7,451 2,477
- - - -
- - 30,473 27,996
- - 37,923 30,473

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees
Details
Bank current account
Petty cash
Details
Details
Details
Details
Signature
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
to nearest £
37,873
-
51
-
-
-
37,923
-
OK
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
-
Print Name
Joanna Jameson
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Joanna Jameson 10/3/2023

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Soetlon A Ind8pondont Examlnor's Roport Report to the trusteesl members of Elsiow P¥e.School - The Ladybirds On accounts for the year ended 31 August 2022 Charity no (if any) 1020327 Set out on pages 1 and2 I report to Ihe Iruslees on my examination ol the accounts ol the above charity I'the Trusl") for the year ended 31 August 2022. Responsibilities and As the charity Iruslees ol the Trust, you are responsible lor the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 I-the Acl"}. I report in respect of my examination of the Trust's accounts carried out under section 145 01 the 2011 Act and in carrying out my examination. I have followed the applicable Directions given by the Charity Commission under section 14515)Ib) ol the Act. I have completed my examination. I confifm that no material tnatiers have come lo my attention in connection with Ihe examination which gives me cause lo believe that in, any material respect". accouniing records were not kepi in accordance with section 130 01 the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination 10 which attention should be drawn in order lo enable a proper und ing ol the accounts lo be reached. Please d words in the brackets if they do not apply. lele th Signed: Date: Name: Roy Nicol Relevant professional qualification(s) or body (il any): FCCA Address: Wildwood, Bowers Lane Riseley Bedlordshire MK44 1 DL October 2018