Trustees' Annual Report for the period
Period start date Period end date From 01 April 2022 To 31 March 2023 Section A Reference and administration details Charity name Rainbow Pre-School (Wallingford) Other names charity is known by Rainbow Pre-School Registered charity number (if any) 1020936 Charity's principal address Westgate House Millington Road Wallingford Postcode OX 10 8FE ~~a~~ Names of the charity trustees who manage the charity 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 ~~===—~~ TAR 1 March 2012
Section A Reference and administration details
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. trust, association, company)
(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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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
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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. |
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| 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 2024 has been focussed on improving the setting. After the year end the pre-school celebrated its 50th anniversary with parents and children past and present. |
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Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
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:
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Follow the roles and responsibilities document as set out by Oxfordshire County Council Early Years team
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Improved accountancy support with a qualified accountant as treasurer and also ensure that improvements to accounting have been made following recommendations by the independent examiner
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Reviewed setting policies
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• Kept minutes of termly committee meetings and produced termly newsletters for parents
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• updated posters and artwork for adverts • Fund raising
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, quiz night, Christmas bazaar, children’s bike ride and after the year end a celebration of 50 years of Rainbow.
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Section E Financial review
Brief statement of the charity’s policy on reserves
The Committee aim to hold a minimum of six to 12 months of running costs in reserves. Running costs in the last 12 months were £248,000.
During the year the cash reserves increased slightly to £208,000 , as a result of increased demand in flexible good value early years provision, which the setting aims to provide. The near term focus is maintaining the premises and additional IT equipment for both the direct benefit of the children attending the setting and staff to improve efficiency.
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);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
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 COMMISSION FOR ENGLAND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to Ihe trusteesl members of Rainbow PrSchool Wallingford) On accounts for the year ended 31* Mard12024 Charlty no (If any) 1020936 Set out on pages I report to the trustees on my examination of the accounts of the above charity (Ihe Trust'} for the year ended 31103 12024. Responsibllities and basis of report As the charity's trustees. you are responsible for the preparation of the accounts in accordance with the requirements of the Chartiies Act 2011 ('the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions grven by the Charity Commission under section 145(5)(b} of the Act. Independent I have completed my examination. l Confirni that no material matters hav8 examinerfs statement come to my attention in connection wtth the examination (other than that disdosed below ") which gives me cause to believe that in, any material respecL the accounting records were not kept in accordance wtth section 130 of the Charities Act; or the accounts did not accord with the accounting records. or the accounts did not comply with the applicable requirements conceming the fomi 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 fairf view which is not a matter considered as part of an independent examination. I have no concems and have come across no olher 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. Date: 1811112024 Slgned: Name: Melanie Comut Relevant professional qualification(s) or body (rf any): MAAT Oct 2018 IER
Addre88: 200 Crowmarsh Hill. Crowmarsh Grfford Wallingford Oxon. OX10 8BG Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Glve here brlef details of any items that the examiner wishes to disclose. Oct 2018 IER
Rainbow Preschool
Statement of financial activity for year end 31 March 2024
| 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 Travel 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 |
2024 178 - 1,054 178,754 4,311 49,032 24,612 - 257,941 195 - 2,854 - 2,386 8,282 3,829 7,790 36 184 33 1,514 439 10 1,444 2,576 794 15,106 196,957 878 364 1,207 1,522 248,400 9,541 160 3,053 1,730 4,944 802 - 802 4,141 13,683 |
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 |
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All income and expenditure is unrestricted
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Rainbow Preschool
Statement of financial position at 31 March 2024
| 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 |
2024 14,315 60,183 132,458 15,525 208,165 - 208,165 222,480 - 3,003 3,003 219,477 205,794 13,683 219,477 |
1020936 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 |
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