2022-04-30-accounts - St Joseph's Pre-School

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Youmaychoosetoincludefurther	Youmaychoosetoincludefurther
statements, where relevant, about:
•	policy on grantmaking;
•	policy programme related
	investment;
•	contribution made by
	volunteers.

summaryof themain	Staff Report for academic year2021/22aspresented by Nicky Puttick
achievementsof thecharityduring	[Pre-school Manager] attheAGM heldon20 February 2023:
theyear
	We are delightedtohave had a yearofreturningtopre-Covidnormality/near
	normality I
	However, we all knowthatthereisno 'normal' within EarlyYearsIllAndthat's
	great because eachofyour childrenisanindividualwiththeirowninterests,
	ideas, needs and wayofdoing things.
	This meansthatwe're never quite sure what the session will bring ...
	AtthemomentinourButterfly group thereisa great interest in making
	creations from recycled materials and using staplers, glue, tape and scissorsto
	adapttheirwork. One child spent mostofthe session makingthingsforhis
	friendstotake home which they were very happytohave.
	Another child spent a longtimeworkingouthow the different pencil
	sharpeners worked and was abletoexplain and show thistostaff andanother
	childwhowas looking on.
	They've enjoyed findingoutabouttheLunaNew Year andtheyearoftherabbit
	and both the Butterflies and Caterpillars have contributedtoajointcollageofa
	large rabbit shape. Then another showed me an individual rabbit they'd made
	sayinghewassadbecause he wasn't intheparadesoshecut his earsoff!!!It
	turnedoutthatthechild knewthatwhen rabbits aresadtheirears are down,
	soasthis rabbit template had sticky up ears she cutthemoff.
	I lovedthatthey were abletosharetheirknowledgewithusandthatthe
	children are learning from eachotherall the time.
	Roleplay...we movedthehome areaasthe children were taking allthe
	resources from the kitchentotheothersideoftheroom where they setup
	very elaborate picnics usingtheblocks, material and small world pieces. We
	thought this would give them more space and reduce someofthe chaos/mess
	by being near the resources they used ...sowhat happened? They lovedthe
	space, but they still transportedotherthings backtowherethekitchen had
	been. It's importantthatthe childrenowntheirplay whichcanbe loud and
	chaotic, but I read recentlythatthat's where you usually find excitement and
	JOYwhichiswonderful - we've justgottoget themtoownand find excitement
	andjoyin the tidying uptoo111
	Our Caterpillars are settling in very well and it's been really lovelytobe ableto
	resumeourhome visits - we've found themtobevery beneficialforthe
	children and families and we feelthatitdefinitely helpswiththeirtransition
	from hometopreschool.Atthemomentwe're abletooperatewithsome
	enhanced ratiostosupportthechildren's emotional and social wellbeing,
	communication andtoencourage resilience whichissoimportanttoallour
	children.

	The Committeehaspreviously decidedthatthere mustbea minimumof£40k
Briefstatement of thecharity's policyonreserves	held incashreservesatany one time in ordertoadequately cover contingency costs.
	Asat30 Apr-22 the balanceofaccumulated unrestricted (cash) reserves wasin
	the sum £81k.
	N/A
Detailsofanyfundsmateriallyin
deficit

St Joseph's Pre-School Income & Expenditure for year ending

30th April 2022

30th April 2021

*Income* Fees & Registration Fees Other Income *Total Income* *Expenditure* IT Costs Cleaning Expense Committee Expenses Equipment, Arts & Crafts Fundraising Costs Outings Costs Payroll Costs Professional Services Postage & Telephone Property Costs Registration Fee Refund Staff Training Fixtures & Fittings Supplies Maintenance Costs Miscellaneous Costs Bank Charges Subscriptions Staff Bonus Cost Adjustment Membership Fees *Total Expenses* *Total Income less Expenditure* Accumulated Unrestricted fund brought forward Accumulated Unrestricted fund carried forward	£	£ 115,200 3,772 118,973 *122,927* (3,954) 85,430 81,476	£	£
	1,416 1,580 - - 1,201 - 97,957 560 744 8,377 - - - 7,833 467 84 128 854 555 - 1,169		949 880 - 1,051 1,416 - 82,445 540 1,235 4,673 - 1,260 - 1,235 - 252 94 298 420 - -	121,172 3,574 124,746 *96,749*
				27,997 57,432 85,430

These accounts have been prepared on a receipts and payments basis as permitted under section 133 of the Charities Act 2011.

St Joseph's Pre-School Statement of Assets & Liabilities as at

30th April 2022 30th April 2021

£	£	£
51,433 30,042	55,390 30,039	*85,430*
81,476 -	85,430 -

		85,430
		85,430

Countryside Accounting Ltd L R Baharier FMAAT

Licensed & regulated by the Association of Accounting Technicians to provide services in accordance with Licence 2385

Report to the trustees/ ST Joseph’s Preschool Playgroup members of

On accounts for the year 30/04/2022 ended Set out on pages 1 to 3

Charity no (if any) 1020613 (remember to include the page numbers of additional sheets)

Respective The charity's trustees are responsible for the preparation of the accounts. The charity’s responsibilities of trustees consider that an audit is not required for this year under section 144 of the trustees and examiner Charities Act 2011 (the Charities Act) and as amended by FRS 102 effective 1[st] January 2015 and that an independent examination is needed. It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention.
Basis of independent My examination was carried out in accordance with general Directions given by the examiner’s statement 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.

www.countrysideaccounting.com Telephone: 07815842133 Fax: 01883 742336 E-mail lrbaharier@yahoo.co.uk 1, Castlehill Cottages, Outwood Lane, Bletchingley, Surrey RH1 4LR Company House Registration 6870960

Independent In connection with my examination, no matter has come to my attention (other than that
examiner's statement disclosed below *)
which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 2011 amended 2015
- have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Please delete the words in the brackets if they do not apply.

Signed: Linda Baharier FMAAT

Date: 02/08/2022

Name: Linda R Baharier FMAAT

Relevant professional Fellow Member of the Association of Accounting Technicians qualification(s) or body (if any):

Address: 1, Castlehill Cottages, Outwood Lane Bletchingley, Redhill, Surrey RH1 4LR

Section B Disclosure

Only complete if the examiner needs to highlight material problems.

Give here brief details of This year there was a very slight decrease in the overall balance of funds,

any items that the due to a spending of £ 7,833 on repairs & maintenance. examiner wishes to disclose . At the moment the balance on reserve account is £ 30,042 and the current account is £ 51,433 – giving a total of £ 81,476. The Trustees feel they need a reserve of £ 40K, so increase the Reserve account to at least £ 40,000, which would leave £ 41,433 in the current account. So at least £ 20,000 or £ 30,000 could be transferred to an investment. This would be a prudent management of the money spreading the risks and being careful with the nursery funds. I do understand the Trustees concern in investing, even in COIF Charities Investment Fund or the COIF Charities Ethical Investment Fund. That investments can go down as well as up, over all this has not been the case with COIF which over this year were paying out around 3%. I would still advise an investment there. For Example, had the Reserve account money been in a COIF investment for the same period rather than growing from: 30/04/2017 £ 28,537.64 to 30/04/2022 £ 30,042.27 The balance in COIF would now be £ 35,098 approx., some £5, 000 Therefore I believe the Trustees do need to look how the money is invested.