||**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|
|---|---|---|---|---|---|---|---|---|
||**From**|Period start date|||**To**|Period end date|||
|||Day
01|Month
May|Year
2022||Day
30|Month
April|Year
2023|
## Section A Reference and administration details
**Charity name** St Joseph’s Pre-School
**Other names charity is known by**
**Registered charity number (if any)** 1020613
**Charity's principal address** 122a Ladbroke Road
Redhill
Surrey **Postcode RH1 1LF**
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
8|**Trustee name**|**Office (if any)**|**Dates acted if not for whole year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|
||Sally Benton-Cummins|Chair|To 20 February 2023|Committee|
||Steve Benton-Cummins|Co-Chair|To 20 February 2023|Committee|
||Alastair Barlow|Treasurer|To 20 February 2023|Committee|
||Jenny Hobbs|Chair|From 20 February 2023|Committee|
||Daisy Morris|Vice-Chair|From 20 February 2023|Committee|
||Deborah Watson|Secretary|From 21 September 2021|Committee|
||Timothee McLean|Treasurer|From 20 February 2023|Committee|
**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
## **Name of chief executive or names of senior staff members (Optional information)**
_**Nicky Puttick** (Pre-School Manager)_
**Section B Structure, governance and management**
**TAR**
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February 2024
## **Description of the charity’s trusts**
Constitution (adopted 01 July 1992 as amended on 16 July 2019) Type of governing document
- (eg. trust deed, constitution)
Trust How the charity is constituted
- (eg. trust, association, company)
Appointed by existing Committee members Trustee selection methods
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
N/A
- 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.
## **Section C Objectives and activities**
## **Charitable Objects:**
To enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:
**Summary of the objects of the charity set out in its governing document**
(a) Offering appropriate play facilities and training courses, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children, regardless of race, culture, religion or means
(b) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas (c) Instigating and adhering to and furthering the aim of the Pre-School’s association.
**TAR**
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February 2024
St Joseph’s Pre-School is situated on the site of the Parish of the Nativity of the Lord (Redhill) and it shares a close relationship with the parish community, for which it is very grateful. We were rated as **Outstanding** during our last Ofsted inspection. Children are excited and motivated to learn through play; in a loving, nurturing and caring environment where each child is valued for whom they are. The children take their tentative steps to independence and belonging to another family; making new friends, exploring different resources and the local environment. Children can start their journey from two years old as Caterpillars. During this year they can attend up to four afternoon sessions from 12.15pm until 2.45pm. Children spend the year before they attend school as Butterflies and attend up **Summary of the main activities** to four morning sessions from 8.30am to 11.30am. We do offer an extended **undertaken for the public benefit** session on a Monday where children can bring lunch and stay until 2.30pm. We **in relation to these objects** are Ofsted registered, in receipt of FEET funding, Early Years Free Funding and **(include within this section the** 30 hours Free Childcare. **statutory declaration that trustees have had regard to the guidance** For further information, please visit www.stjosephspreschoolredhill.co.uk. **issued by the Charity Commission on public benefit)** In accordance with section 17(5) of the Charities Act and the Charities (Accounts & Reports) Regulations 2008, all trustees have reviewed the guidance on public benefit issued by the Charity Commission.
## **Additional details of objectives and activities (Optional information)**
N/A
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
**TAR**
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February 2024
Section D Achievements and performance
## **Summary of the main achievements of the charity during the year**
**Key achievements & milestones for academic year 2022/23 as reported by Nicky Puttick [Pre-school Manager]:**
- This year we have opened for 38 weeks; offering 3 hour morning sessions to children aged 3 to 4 and 2 and a half hour sessions in the afternoon for children aged 2 to 3, thus reaching 55 local families.
- We are supporting children with SEND and have received early Intervention funding to enhance our staff ratios in order to support the children to access the curriculum as appropriate for them, We are also working with other agencies to ensure the children have the support they need within our setting and also in their transition to primary school.
- In April 2023 we successfully implemented Early Talk Boost; a targeted intervention aimed at 3-4 year old children with delayed language, helping to boost their language skills to narrow the gap between them and their peers. We are pleased that after 9 week's intervention the children's language accelerated by an average of 6 months. We are continuing to offer these sessions during each term to other children in the setting.
- Our fundraising event was in celebration of the coronation of King Charles III. The children were sponsored by family and friends to take part in a variety of physical and creative activities linked to a royal theme. It was lovely to see all the children join in so enthusiastically and it was an enjoyable social event for all our families.
- We organised a visit for the 3 to 4 year old children to Nower Wood Education Nature Reserve where the children participated in pond dipping, minibeast hunts and creatively exploring the concept of life cycles, camouflage and symmetry. The children loved the hands-on experience and were thrilled to find the different creatures under logs and in the water.
- We also arranged a visit to the local theatre to see a live show of a popular children's book - a great experience for the children, their parents and staff.
- Our Thanksgiving service in July was a lovely opportunity to celebrate all the children's interests and achievements during their time at preschool and to thank God for his love and protection to all of us.
- • We're looking forward to the warmer weather where the children can really explore our new Outlast blocks. These are a significant addition to our outside area giving the children the opportunity to develop and explore skills in maths, technology, engineering, design, science and collaboration and resilience.
**TAR**
February 2024
4
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
The Committee has previously decided that there must be a minimum of £40k held in cash reserves at any one time in order to adequately cover contingency costs. As at 30 Apr-23 the balance of accumulated unrestricted (cash) reserves was in the sum £82k.
N/A
## **Details of any funds materially in deficit**
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
The accounts for the year to 30 Apr-23 – which have been independently verified by Countryside Accounting Ltd - were prepared on a ‘receipts and payments’ (cash) basis, and all funds as at 30 Apr-23 are designated unrestricted. The accounts were presented to the Trustees on 15 Feb-24 at the committee meeting.
- **Income**
- Total income of **£124.5k** , up £5.6k (+4.7%) on prior year.
- Total fees of **£119.9k** , up £4.7k (+4.1%) on prior year: § Despite a decrease in Early Intervention Funding of £5.5k, this was offset by an increase in normal fees of £8.1k
- Other income (including fundraising & parent contributions to pre-school trips) of **£4.6k** , up £0.9k on prior year.
- **Expense**
- Total Expense of **£123.4k** , up £0.5k (+0.4%) on prior year.
- `o` Payroll costs of £100.6k, up £2.6k (+2.6%) on prior year. Staff pay rise of 6.0% implemented in April 2023 to assist staff with continued high cost of living (CPI Inflation in April 2023 of 8.7%, reducing from 10.1% in year to March
- Property costs £9.2k, up £0.8k (+9.9%) on prior year, due to large increase in utility cost as a result the world-wide energy crisis
- Supplies £3.4k, down £4.4k on prior year – continuing to return to normal operations after Covid protection requirements required during pandemic
- Cleaning expenses £1.2k, down £0.4k on prior year – continuing to return to normal cleaning regimes after Covid pandemic requirements.
- Reserve account interest of £75.59 up from £3.04 the previous year, due to an increase in bank account interest rates
- `o` All other operational costs relatively static.
- • **Net surplus of +£1,165** compared to a net deficit of £3,954 realised in 2022.
- • **Total Funds**
- Cash at bank as at 30 Apr-23 was £82,641 and this was up £1,166 (+1.4%) on prior year.
**TAR**
February 2024
5
Section F
Other optional information
N/A
Section G
Declaration
The trustees declare that they have approved the trustee< report above.
Slined on behall of the charws trnstee5
Signaturelsl
Full namels)
Position le8 Se¢retary• thair, etcl
ny Hobbs
rimothee McLean
Chair
Treasurer
Date
23 f£G 2L)i4
TAR
February 2024
|**St Joseph's Pre-School**
**Income & Expenditure for year ending**
**_Income_**
Fees & Registration Fees - Council
Fees & Registration Fees - Parents
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
School Meal Vouchers
**_Total Expenses_**
**_Total Income less Expenditure_**
Accumulated Unrestricted fund brought forward
Accumulated Unrestricted fund carried forward|**St Joseph's Pre-School**
**Income & Expenditure for year ending**
**_Income_**
Fees & Registration Fees - Council
Fees & Registration Fees - Parents
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
School Meal Vouchers
**_Total Expenses_**
**_Total Income less Expenditure_**
Accumulated Unrestricted fund brought forward
Accumulated Unrestricted fund carried forward|**£**
**£**
98,127.05
21,797.75
4,673.13
**124,597.93**
£1,328.33
£1,200.00
£0.00
£1,436.33
£1,613.51
£273.00
£100,515.19
£550.00
£859.47
£9,202.72
£50.00
£330.00
£0.00
£3,407.27
£123.48
£13.00
£124.48
£298.40
£490.00
£0.00
£1,227.15
£390.00
**_£123,432.33_**
**£1,165.60**
£81,475.61
**£82,641.21**
**30th April 2023**|**£**
**£**
**30th April 2022**|**£**
**£**
**30th April 2022**|
|---|---|---|---|---|
||||1,416
1,580
-
-
1,201
-
97,957
560
744
8,377
-
-
-
7,833
467
84
128
854
555
-
1,169|3,772
**118,973**
**_122,927_**
115,200|
||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
School Meal Vouchers
**_Total Expenses_**
**_Total Income less Expenditure_**
Accumulated Unrestricted fund brought forward
Accumulated Unrestricted fund carried forward||||
|||||**(3,954)**
85,430
**81,476**|
_These accounts have been prepared on a receipts and payments basis as permitted under section 133 of the Charities Act 2011._
**TAR**
February 2024
7
|**St Joseph's Pre-School**
**Statement of Assets & Liabilities as at**
**Current Assets**
Cash at bank and in hand
Current account
Deposit account
**Creditors**
Amounts falling due in one year
**Net current assets**
**Total Assets less Current Liabilities**
**Total Accumulated Unrestricted Funds**|**£**
**£**
52,523
30,118
82,641
-
**_82,641_**
**82,641**
**82,641**
-
**30th April 2023**|**£**
**£**
**30th April 2022**|**£**
**£**
**30th April 2022**|
|---|---|---|---|
||52,523
30,118|51,433
30,042|**_81,476_**|
||82,641
-|81,476
-||
|||||
||||**81,476**|
||||**81,476**|
||||-|
**TAR**
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February 2024
# _**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** 30/04/2023 **Charity no (if any)** 1020613 **year ended Set out on pages** 1 to 3 (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
**TAR**
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February 2024
## **Independent** In connection with my examination, no matter has come to my attention (other than that **examiner's statement** disclosed below *)
1. 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
2. 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:** 19/02/2024
**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.
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
**TAR**
10
February 2024
## **Give here brief details of any items that the examiner wishes to disclose** .
_This year there was a very slight increase in the overall balance of funds, from £ 81,476 to £ 82,641 At the moment the balance on reserve account is £ 30,118 and the current account is £ 52,523– giving a total of £ 82,641. With the Trustees feel they need a reserve of £ 40K.But at present they really have a reserve of £ 70K. 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._
_While understanding 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. Our even in a high investment in a Building society such a Nationwide or Yorkshire Building Society. Particularly as only £ 85,000 is protected in any one financial institution, & during the year there is more than that in the Bank. The Savings account has only risen by £ 76 in a year 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 30/04/2023 £ 30,118 The balance in COIF would now be £ 35K plus approximately, some £5, 000 more. In a Building Society for a year £ 30,042 would have increase to £ 31,394 or by £ 1,352. Therefore, I believe the Trustees do need to look how the money is invested and to safe guard funds in case of any bank crashes._
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
**TAR**
11
February 2024