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2023-03-31-accounts

Trustees' Annual Report for the period

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Period start date Period end date
From 01 April 2022 To 31 March 2023
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Section A Reference and administration details

Charity name
Other names charity is known by
Registered charity number (if any)
Charity's principal address		 Rainbow Pre-School (Wallingford)
Rainbow Pre-School
1020936
Westgate House
Millington Road
Wallingford
Postcode
OX 10 8FE

Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Charlotte Committee member
1
Beaumont-Oates
Co-chair person
2 Mark Savery Treasurer
3 Antonia Shakerley Committee member
4 Adam Hilliard Committee member
5 Amanda Absolom Committee member
6 Louise Wadsall Committee member
7 Matthew Rice Committee member
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Names of the trustees for the charity, if any, (for example, any custodian trustees)

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Name Dates acted if not for whole year
none
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Names and addresses of advisers (Optional information)

Type of adviser Name Address

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

Georgina Flannigan – Pre-School Manager

Section B Structure, governance and management

Description of the charity’s trusts

Constitution Type of governing document (eg. trust deed, constitution) Association How the charity is constituted (eg. trust, association, company) Elected by parents Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

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

The aims of the Pre-school are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.

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Section C Objectives and activities

Summary of the objects of the
charity set out in its
governing document
Summary of the main
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)		 The aims of the Pre-school are to enhance the development and
education of children primarily under statutory school age by encouraging
parents to understand and provide for the needs of their children through
community groups and by: (a) offering appropriate play, education and
care facilities, family learning and extended hours groups, 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 whatever their race, culture, religion, means
or ability; (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
aims and objects of the Pre-school Learning Alliance.
Rainbow Pre-School aims to enhance the learning and development of
children, guided by the Early Years Foundation Stage. Our provision
reflects the four overreaching principles for the Statutory Framework for
the Early Years Foundation Stage.
We believe every child is a unique child who is constantly learning and
can be resilient, capable and self-assured
We help children learn to be strong and independent through positive
relationships.
Children learn and develop well in enabling environments, in which their
experiences respond to their individual needs and there is a strong
partnership between practitioners and carers.
Our activities and planning are based around the prime areas of learning:
Personal, Social and Emotional development, Physical Development and
Communication and Language. We also base activities around specific
areas such as: Literacy, Mathematics, Understanding the World and
Expressive Arts and Design.
We are also particularly proud to also offer Forest School to the older
children in the setting.
We also take advantage of our unique location, making use of the local
library and local community events to enhance the learning experiences
of the children.
In March 2020 the setting moved to a newly fitted out, purpose designed
premises. They year to 31 March 2023 has been focussed on improving
the new setting with continued effort to improve both the outside space
and interaction with the care home that is co-located with the pre-school.

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Additional details of objectives and activities (Optional information)

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

Section D Achievements and performance

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Section D Achievements and performance

Summary of the main achievements of the charity during the year

Rainbow has provided 38 weeks of pre-school sessions between 08.45-16.30 for children aged between 2-4yrs. In addition it runs a holiday club scheme for all the major school holidays providing care for children up to the age of 9.

The committee this year

The committee have been great this year with making sure they completed all the necessary DBS checks as quickly as possible, read the pre-school constitution, reviewed risk assessments and policies.

As a team we have continued to:

Our top priority is always the safeguarding and welfare of the children and staff. Rainbow is run by parents, for parents.

Thanks to all those parents, friends and family who may have helped out over the year perhaps either helping out with the children with activities or on outings or out in the garden.

We are also endeavouring to work more closely with other pre-school settings in the area, discussing best practice or trying to co-ordinate training activities.

Ofsted

In early 2019 the pre-school was rated as “Good” by Ofsted. In June 2022 (after the year end) the pre-school was re-evaluated and maintained its “Good” rating. There has been no further inspection since, but the committee and leadership team continue to focus on continuous improvement of educational practices.

The Committee are thankful for the continued professionalism of the staff .

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Section D Achievements and performance

Staff

We employ a blend of qualified and un-qualified staff.

We have also welcomed students from local colleges and schools to do work experience here.

The number of years the staff have worked at Rainbow range from 1 year up to over 25 years!

We also employ a Qualified Early Years teacher.

Our record of staff retention is a good indicator of Rainbow being a good place to work, with fair remuneration, flexible working hours and good benefits.

It also shows how committed and loyal the staff are to the setting as well.

Staff Training

The committee recognise the importance of staff training and we have continued to invest in staff training.

Forest School

The children of Rainbow benefit greatly from this weekly activity. Amelia continues to be the forest school leader.

The Children

The actual number of children that have enrolled in Rainbow has roughly matched those of previous years and given the challenges we had its pleasing to see such continued support.

Activities

Each term the children have covered a new topic and the staff at Rainbow continue to keep this fresh and varied so that the children continue to learn and develop.

Holiday play-schemes

These continue to be a success, the children have a wide variation of activities to partake in during this time and always have lots of fun! The extended Summer play scheme was very successful after the year end.

Community

Rainbow is really involved with community events; and fundrasising has continued since the return to normal of the covid-19 shut downs.

Fundraising

Fundraising over the last 12 months as a result of many of our fundraising activities not being run, such as the annual fireworks and a reduced number of charities supporting the “Wallingford 1155” sleigh.

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Section E Financial review

The Committee aim to hold a minimum of six to 12 months of running costs in reserves.

Brief statement of the During the year the cash reserves increased significantly to around £190,000, as a result charity’s policy on reserves of increased demand in flexible good value early years provision, which the setting aims to provide.

Reserves are also held to cover any costs incurred regarding closure of the setting i.e. staff redundancies.

Reserves are all held in instant access bank accounts to ensure maximum flexibility, although with investment in the new premises largely complete, this will be reviewed.

Details of any funds materially in deficit

Further financial review details (Optional information)

Rainbow’s main income comes from government funded childcare fees for 2,3-4yr olds. You may choose to include additional information, where Additional funding comes from extra 1-1 funding for children with special requirements, relevant about: pupil premium and additional hours needed by parents for childcare and fundraising.  the charity’s principal The main expenditure is staff wages. sources of funds (including any fundraising);

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above at the AGM.

Signed on behalf of the trustees

Mark Savery – Treasurer September 2024

January 2023

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CHARITY (OMMISSION FOR ENGLAND AND WALES Independent examlner's report on the accounts Sectlon A Independent Examiner's Report R¥port to the trusteesl m•mbèr$ of Rainbow Pré-school Iwallingfordl On a¢counts f¢r thè year •ndod 311t March 2023 Charlty no Ilf any) 1020936 Set out on pago$ 9&10 I report to the Iruslees on my ex8min81ion of thè accounts of the above charity I'lhe Trust'l for the year ended 31103 12023. Responslbllltl•s and basi$ of report As the charity's trustees, you are re$ponsible for the preparation of the accounts in a¢¢ordance wilh the requirements of the Charitiès Act 2011 {"Ihe Act'l. I rèport in rfrspect of my examination of the Trust's accounts carried out under seclion 145 of the 2011 Act and in carrying out my examination, I hav8 followed all the applicabla Directs'ons givèn by the Charity Commission under section 14515llbl of the Act. Independent I have completed my examination. I confirm that t)0 materi81 matters have exarninerfs statement come to my attention in connection with the examination lother than that disclosed below'l which gives me cause to believe that in. any material respect.. the accounting records w6re not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply wth the applicable requirements conceming the fomi and content of 8ccounts set out in the Charities (Accounts and Reports) Regulations 2006 other than any requirement that the accoun15 give a'true an(5 lair, view which is not a matter considered as part of an independent examination. I have no coneems and have come across no othèr matters in connection with the examination to which attention should be drawn in this report in order to enable 8 proper understanding of the accounts to be reached. Dat•: 1811112024 Signed: Nam•'. Melanie Comut Rel8vant prof8ssional qualiflcationl51 or body lif any): MAAT Oct 2018 IER

Address: 21KI Crowmwsh Hill, crth￿narSh Grffor Wallingford Oxon. OX10 8BG Section B Disclosure Only complete rf the examiner needs to highlight matenal mattèrs of concern 158e CG32, Indèpendant examination ol chaflty aec(wnts.' directions and guKlance IOT exarninersl. Givè here brief details of any itèms that the examiner wl$hes to disclose. Oct 2018 IER

Rainbow Preschool

Statement of financial activity for year end 31 March 20223

Income
Funded Fees Income (Voucherschemes)
Milk Money
Oxon CC 2 years old
Oxon CC 3+ years old
Oxon CC SEND/Pupil premium paym
Paid Fees Income
Playscheme Fees Income
Grant Income
Total Income
Expense
Advertising & Marketing
Bank Charges
Catering - children
Coronavirus PPE etc
Depreciation of Westgate House assets
Educational Supplies
Employer Pension Contributions
Employers NI
Staff welfare
Equipment & Repairs
Insurance
Licenses and Subscriptions
Postage and Delivery
Printing and Stationery
Professional & Legal Fees
Professional Development
Rent
Salaries
Software Expense
Sundries - cleaning materials
Utilities - Telecommunications
Utilities - Waste Management
Total Expense
Net Ordinary Income
Other Income/Expense
Other Income
Donations Received
Fundraising Income
Interest Received
Total Other Income
Other Expense
Fundraising Expense
Donations to other charities
Total Other Expense
Net Other Income
Surplus for the Year		 2023
628
-
12,459
162,273
2,535
43,551
29,560
-
251,006
450
0
2,562
-
3,251
5,135
3,075
5,705
684
46
1,470
152
1
1,214
2,252
1,025
15,106
168,911
811
959
984
1,411
215,205
35,801
311
3,539
262
4,111
319
104
424
3,688
39,489		 2022
3,552
209
25,339
111,941
150
35,897
21,209
2,310
200,607
104
54
2,324
415
3,478
4,253
2,668
5,187
712
1,412
1,437
56
27
863
1,083
1,996
15,106
149,943
1,024
140
771
1,258
194,310
6,296
92
3,736
11
3,839
517
110
627
3,212
9,508

All income and expenditure is unrestricted

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Rainbow Preschool

Statement of financial position at 31 March 2023

Charity Reg:
Assets
Fixed Assets
Premises Improvements
Current Assests
Cash at Bank and in hand
Current Account
Deposit Account
Fundraising Account
Total Cash at bank and in hand
Other taxes and social security Receivable
Total Current Assets
Total Assets
Current Liabilities
Accruals
Pensions and PAYE
Total Current liabilities
Net Assets
Reserves (all unrestricted)
At 1 April
Surplus in year
At 31 March		 2023
15,679
70,834
106,032
14,129
190,995
-
190,995
206,674
-
879
879
205,794
166,306
39,489
205,794		 1020936
2022
16,838
37,881
100,907
11,381
150,169
12
150,181
167,019
-
713
713
166,306
156,798
9,508
166,306

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