WATERY LANE PRE-SCHOOL Charity number- 1022016 Receipts & Payment Accounts For the year ended 31 August 2024 Sialement of Assels and Liabililies as at that date ane pre.
WATERY LLNE PRE-SCHOOL Year ended 31 Augusi 2024 Trustees Annual Re rt for the ear ended JI Au ust 2024 Reference and administration details Registered charity number 1022016 Charity's principle add&$ Watery Lane Minehead Somersei TA24 5NY Trustees acting during ihe Ye to 31 Augu 2024 M Kanc P Dalztel C Tier C Coward V Robinson J Knighi H F.Iliott (Thaimmn Vi¢frChairn]an Structure? governance and management The Watery Lane Pre-school is subject to a constitution dated 20 Ociober ?016. Under the Commiltee's conslitution ihe commillc¢ mcmbcrs are also the charity Irustees. Under the conslitulion ihe committre shall consi%i of noi less than 5 members. and shall meel no less Ihan once a year. Objeetive$ and activities The aim of the charity is to pmvidc a pre-school setiing which is nM)nitored by tbe appropriate authorities, where children undcr slatutory school age can attend on a daily basis. Thc charity offers appropriate play, education and care facilities and family learning. Parents have th¢ right to take responsibility for and to beconK involved in th¢ activity of the group Thc charity provides public bcncfii through its main aclii'ity of providing a pre-school sctting which is available for all children of pre-school agc and enabling parcnts to bc involved in its activities. Th¢ majorily ofthe children are fundcd by the local authority thus increasing the access of the charity io its pupils.
WATERY LA,NE PRE-SCHOOL Year ended 31 August 2024 Trustces Annual Re rt for the egr ended 31 Au ust 2024 Achievements and performance We bave fully rei'amped our curriculum for lasl year and this is enabling us to bc more creative in planning activities to develop the children to their potenlial. In addition we ba&'e been in talks with St.Michacl's sch1 to take over their after school provision and this will commcnce from next Monday. This should bring add¢d revenue in for us which is much n¢¢ded. Due to economies of scale and expansion our financial situalion has improved but we cannol guarantee that this will always be the case particularly with governmcnt funding collstrdints. Therefore. fundraising is more importani ihan ¢v¢r and now that we have sadly lost OUT fundrdising coordinator this is a crucial area to lake forw.ard into this new academic year. I very much hope someone will be able lake this role on to coordina* fundraising actii'ities lo ensure our income ontinues to meet our outgoings. We are finally proceeding with OUT 'Hygge Hut. and work should be completed during (ktober hair tenn. Thls will provide a much needed spacc for small group acllvities. children that nccd a quiet space. a space to meet with parents and very importantly, somewhere for our amazing staff to eat their lunch and have a very well dcscrvd break To date we have raised £1496 from funthzising and funding that we have been able to allocate as well &s £15 so far raised through our Just GIng pagc. In addiiion. we have been successfully selected for the Tesco Stronger Starts campaign so please do remember which slot to put your tokens in! The totsl cosl will be £80(K) - £90(Kl pounds SO Vle do still have some way to go in tern)s of fundraising for this crucial addition to our provision. Foresi School has always been a huge pisitivc in thc prOlS1on w¢ offer and the programmc of 14orest School trdnsition from Acorns to Oaks has been hugely successful once again this year with children having the confidence to explore, Create. risk assess and problem solve in tIK natural environment builth'ng critical skills for their future. Flnancial Review The majority of thc charity's income is derived from fccs and grants received for the provision of preschool education. Net fundraising activities generaled £1,896 (?023 £1,424). At the end of the financial year reserve5 were £75,446 (2023 £47.009).
WATERY LANE PRE-SCHOOL Year ended 31 Augusi 2024 Trustees Annual Re rt for the ear eoded IAU ust 2024 Declaration The Inkstees declare that they have approved the trustees, report above. Trustee Tntee M Kane C Coward Date l Oth O¢tob¢r 2024 Date 10th October 2024
WATERY LME PRE-SCHOOL Year ended 31 Augusi 2024 Inde endent Examiner's re ort on tbe Accounts I rewrt to the trustec5 of Watery Lane Pre-scbool on accounts for the year ended 31 August 2024 which arc set out on pages 2 to 8 Responsibilities And b&sis of report As the cbarity truslces of the Tl you are resp)nsiblc for the preparation of thc accounls ID accordance with thc rcquirements of thc Charities Aci 2011 ('thc Act,) I reporl in respect of my examination of the Trust's accounts carried out under section 145 of thc 2011 Act and in carrying out rny cxamination I have followed the applicable directions given by the Charity Commission under seciion 145(5Xb) of the Act. Independent examiner's statement I have completed my cxamination. I confimi thal no material mancTS hav¢ come to my attcntion in connection with the examination giving me cause lo believe that in any material respect; accounting records were not kept in respeci of the Trnst a5 Tequired by section 130 of the Acr. or the accounts do not accord with those records. I have no concerns and hai'e come across no other matters in conneclion V4ith (he examinalion to which attcnlion should bc drawn in thc rcpori in order to enablc a proper understanding of ihc accounts to be reached. J D Price QUaY Close MinehL'ad Somersei 10 October 2024
WATERY LANE PRE4CHOOL Registered Number 1022016 Receipts ¥nd Payments Account for the year eDded 31 August 2024 Unrestrict¢d Restricted Total Funds Prior Year Funds Funds 2024 2023 Recei Funding and Fees Somerset County Council Fees Nursery milk reimbursemenl 172.506 43,865 538 216,909 172,506 43.865 538 216,909 117,486 32,884 588 150,958 Grants and Donations Grants rcceived Donations 1,500 1,500 57 1.557 1,763 36 1.798 57 57 1.500 Other Voluntary incoming resources Fundrliising Foresi School income Break-fast club inLome Holiday club tncome Swimming income Uniforn) Sales Dinneis Miscellaneous 1,896 1.290 5,602 1,896 1,290 5,602 1.424 1,385 4,617 575 159 439 72 10,033 575 159 439 72 10.033 265 143 515 8,349 Investment Income Bank rcserve accounl 783 783 142 Total Receipt5 227,783 1,500 229.283 161,247
WATERY LAYE PRF.-SCHOOL Registered Number 1022016 Receipts and Payn)ents Account for the year ended 31 August 2024 Unrestricted Funds Restrictuj Tolal Funds Prior Year Funds 2024 2023 Total Receipts brought forward 227.783 1.500 229.283 161,247 Activities relating direetly to the work of the pre-school Payroll cosls 184,942 Course fees 2.177 Water rates & electricity 3.115 Premises maintenance 681 Forest School expenses .077 Breakfast club expenses 169 Swimming expenses Refreshments Play malerials Equipmcnt repairs & Tcncwals Sundry Expenses Fundraising Exp¢n5¢5 1,5(K) 186,442 2,177 3.115 681 1.077 169 136.653 437 2,159 3,743 1,572 140 (1.203) 1.819 835 1.149 258 195.0?0 (1203) 1.819 835 1,149 258 196.520 {911) 691 2,671 1.295 201 148,651 1.5(K) Administration PPA membership and insurance Poslag¢ and stationery T¢lephone Uniforms Cleaning Subscriptions TTav¢l Expenses Publications Bank Charges Professional Fees 1228 224 323 343 1.474 512 1228 224 323 343 1,474 512 880 255 372 352 1.393 489 21 88 135 4.326 88 135 4,326 120 3,882 Total Payments 199.346 iJoo 200.846 152,532 Net of Receiptsl(pa>'ments) 28,437 28,437 8,714 Cash Funds at I September 2023 47,009 47,(K19 38,295 Cxsh Funds at 31 August 2024 75,446 75,446 47.009
WATERY LANE PRE-SCHOOL Registcrcd Numb¢r 1022016 Statements of Assets and liabilities at 31 August 2024 Unrestricted Restricted Total Funds Prior Year Funds Funds 2024 2023 C48h Fund5 Natwest Current Account Natwest Resern'e Accounl Petty Cash Paypal account lJ.638 63.731 78 11.638 63.731 78 13,981 32,948 80 75,446 75.446 47,009 Approv by the tnL8tees on 10th October 2024 and signed on their behalf M Kane.........