## **Trustees’ Annual Report for the period** ## **From 1st September 2020 Period start date To 31st August 2021 Period end date** ## **Charity name: Rainbow Teddies Pre School** ## **Charity registration number: 1022411** ## **Objectives and Activities** **----- Start of picture text -----**
SORP
reference
Summary of the purposes Para 1.17 The aim of the Preschool is to enhance
of the charity as set out the development and education of
in its governing children from 2.5 to statutory school
document age.
Summary of the main Para 1.17 The Trustees have referred to the
activities in relation to and 1.19 guidance contained in the Charity
those purposes for the Commission's general guidance on
public benefit, in public benefit when reviewing our aims
particular, the activities, and objectives and in planning our
projects or services future activities. Rainbow Teddies Pre-
identified in the school has been offering early
accounts. childhood education and the
community of Thornbury has benefited
from 1993. We welcome all children in
the local community from every
background.. Children learn and
develop through play and realising that
learning is fun in our setting.
Foundations such as communication
and language, behaviour, turn taking
and being creative are some of the
skills which will enable children to
become independent and confident
individuals within their local
community. We have close links with
the local primary schools, working
closely with staff and school
transitions. This benefits our children
to become ready for the next stage of
the learning journey.
Statement confirming Para 1.18 The Trustees have given due regard to
whether the trustees the guidance issued by the Charity
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have had regard to the Commission on public benefit
guidance issued by the principles and have reviewed all
Charity Commission on activities and plans outlined in this
public benefit report to ensure that they comply with
those principles.
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## **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
SORP
reference
Policy on grant making We have no policy of grant making and
are not involved in grant making.
Para 1.38
Policy on social Similarly, we have no policy on social
investment including investment as we are not involved in
program related social investments
investment
Para 1.38
Contribution made by The work of the fund-raising committee
volunteers continues to provide us with a sense of
community and help to raise funds
needed to support the setting. We are
Para 1.38
grateful to those parents, beyond our
Committee of volunteers, who give up
their time for free to help at the
PreSchool.
Other
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## **Achievements and Performance** SORP reference ||Summary of the main
achievements of the
charity, identifying the
diference the charity’s
work has made to the
circumstances of its
benefciaries and any
wider benefts to society
as a whole.|Para 1.20|We have been working hard to
establish a stable and proactive
committee of dedicated volunteers
after a period of instability/changes of
members.
The Committee have worked hard to
ensure the future fnancial stability of
the Pre-School, following a defcit
budget. In response, the committee
are reviewing how this can be rectifed.
We are looking to have robust systems
in place for monitoring expenditure,
monthly cashfow, setting annual
budgets and to increase income.
All of our practitioners continue to
complete mandatory training and a
recent review of the pre school
curriculum has been a huge focus and
is now being rolled out in the setting.
The resignation of the previous
manager led to recruitment of the
current Manager, in April 2021.
The new committee began renewing all
policies with an aim to bring them all
up to date and this will continue to
happen annually.|| |---|---|---|---|---| ## **Additional information (optional)** You may choose to include further statements where relevant about: In order to make the budget more sustainable, options need to be explored and the committee recognise that difficult decisions need to be Achievements against made in order to close the deficit. objectives set Para 1.41 N/A Performance of fundraising activities against objectives set Para 1.41 N/A Investment performance against objectives Para 1.41 Other ## **Financial Review** **----- Start of picture text -----**
Review of the charity’s Para 1.21 Income totalled £98,328.91 and the
financial position at the total expenditure was £102.518.63,
end of the period resulting in an over expenditure of
£4,189.72 for the year.
This has been addressed and is a high
priority and the trustee report
highlights how the committee will
focus on increasing the income of the
setting.
Statement explaining the Para 1.22 Reserves are held, with the aim of
policy for holding holding three months running cost and
reserves stating why staff redundancy funds. This will be
they are held used as an emergency fund to allow
the pre school to function in the event
of cash flow problems or unexpected or
unbudgeted problems.
Amount of reserves held Para 1.22 The balance of reserves in the general
account stands at £22,317.13
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially Para 1.24 N/A
in deficit
Explanation of any Para 1.23 In response to the deficit budget,
uncertainties about the options are being explored to increase
charity continuing as a income. A b
going concern
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds
are fees collected from children
(mainly aged 2 years) attending the
Pre-School and income received from
The charity’s principal
SCC for those children aged 3 and
sources of funds
above who are entitled to funded
(including any
sessions. We receive some funding via
fundraising)
Para 1.47
fundraising which is co-ordinated by
our small group of funding raising
volunteers.
N/A
Investment policy and
objectives including any
social investment policy
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adopted Para 1.46
A description of the Historical financial spends have been
principal risks facing the greater than income. Currently, newly
charity formed management committee and
employed leadership staff are focusing
on closing this deficit over a 5 year
Para 1.46 plan and this will continue to be the
main focus.
Other
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## **Structure, Governance and Management** **----- Start of picture text -----**
Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 Unincorporated
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 The overall management and control of
methods including details the Pre-school rests with the individual
of any constitutional
members of the Pre-school’s
provisions e.g. election to
management committee. As well as
post or name of any
person or body entitled
being responsible for the management
to appoint one or more
of the Pre-school the Committee
trustees
members are also the charity trustees
of the Pre- school.
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## **Additional information (optional)** **----- Start of picture text -----**
You may choose to include further statements where relevant about:
Trustees complete DBS checks in line
with statutory requirements. They give
their time on a voluntary basis and
meet regularly and work
Policies and procedures
collaboratively on all aspects of the
adopted for the induction
role. As of April 2022 there will be a
and training of trustees
trustee induction handbook which
Para 1.51
provides a detailed induction for new
trustee members and training.
The overall management and control of
the Pre-school will rest with the
individual members of the Pre-school’s
management committee (The
The charity’s
Trustees). The Trustees are responsible
organisational structure
in ensuring that the Pre-school
and any wider network
complies with the requirements of the
with which the charity
Para 1.51
Charities Acts as to the keeping of
works
financial records, reviewing and
agreeing a budget, setting policies,
making major decisions about the
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direction of the Pre-School and Nursery, and capital expenditure. The Committee (the Trustees) consists of three 'officers', The Chair, the Secretary and the Treasurer. Additional members include at least 2 but no more than 9 other elected Members; and if the Committee decides it can coopt up to 3 further Members on to the Committee at any time after the AGM. From September 2022, this will be monitored with increased rigour, to ensure at least 5 Committee members are affiliated as Trustees. The Pre School and Nursery has a leadership team which consists of a Manager and Deputy Manager. The aim of the leadership structure is to devolve responsibility and encourage decision making at all levels. From September 2022, the Manager will also be the Nominated Person for Ofsted, as well as SENDCo. Both the Manager and the Deputy Manager are Designated Safeguarding Leads. The Leadership team control the Pre School and Nursery at an executive level, implementing the policies and structures as agreed and laid down by the Trustees, and reporting back of them. The Manager is responsible for the recruitment of staff, though interview panels always include a Trustee. The Chair, the Treasurer and the Manager are responsible for authorisation of spending within agreed Budgets. Rainbow Teddies Preschool is a member of the Preschool Alliance, registered with Ofsted as an early years setting and with South Relationship with any Gloucestershire council. related parties Para 1.51 **N/A** Other ## **Reference and Administrative details** **----- Start of picture text -----**
Charity name Rainbow Teddies Pre School
Other name the charity N/A
uses
Registered charity 1022411
number
Charity’s principal Rainbow Teddies Pre School
address
Manorbrook Primary School
Park Road
Thornbury
BS35 1JW
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## **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Na
me
of
per
son
(or
bo
dy)
ent
itle
Dates acted if not
Trustee name Office (if any) d
for whole year
to
ap
poi
nt
tru
ste
e
(if
any
)
Hannah Gilkes N/A Jan 2022 Co
(Trustees) mm
itte
1 e
Me
mb
ers
Emer Scott - Chair N/A Jan 2022 Co
(Trustees) mm
itte
2 e
Me
mb
ers
Heather Gregory N/A Jan 2022 Co
(Trustees) mm
itte
3 e
Me
mb
ers
4
5
6
7
8
9
1
0
1
1
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1 2 1 3 1 4 1 5 1 6 1 7 1 8 1 9 2 0 Corporate trustees – names of the directors at the date the report was approved **Director name** **N/A** Name of trustees holding title to property belonging to the charity **----- Start of picture text -----**
Trustee name Dates acted if not for
whole year
Emer Scott - Chair Jan 2022
Hannah Gilkes - Parent Jan 2022
Liason
Kate Wilson - Jan 2022
Secretary
Carolyn - Treasurer Jan 2022
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Funds held as custodian trustees on behalf of others
Description of the assets N/A
held in this capacity
Name and objects of the N/A
charity on whose behalf
the assets are held and
how this falls within the
custodian charity’s
objects
Details of arrangements N/A
for safe custody and
segregation of such
assets from the charity’s
own assets
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## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **----- Start of picture text -----**
Type of Name Address
adviser
Name of chief executive or names of senior staff members (Optional
information)
Marie Collins (Manager) Emily Greenslade (Deputy)
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## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **----- Start of picture text -----**
Signature(s)
Full name(s) Hannah Gilkes
Emer Scott
Heather Gregory
Position (eg HG - Committee
Secretary, Chair, Member/Nominated
etc) person
ES - Chair
Heather Gregory -
Committee Member
Date
02.05.22
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## |CAFCurrentAccount|3Ib|£3,308.47| |---|---|---| |CAF2CurrentAccount
CAFGoldDepasitAccaunt|22OST
3828|E409.36
E9,992.8| |PettyCash||£11.06| |Scottish Widows||E12,785.14| |Total Assets||£26,506.85| |Incoms||| |pettycashfound||£1.00| |Snack Fees||E1,189.3| |Donations||£205.5| |Grants (nonNEG)||| |EY2FFunding||£83,623.26| |EYPPFunding||£1,160.1| |SENFunding||| |FeeIncome||E9,933.92| |RegistrationFees||E615.00| |FundraisingIncome||E1,432.95| |wagesadjustement||E135.83| |BankInterest||£1.01| |ScottishWidowsInterest||49| |Jumpers||£31.00| |Total Income||£98,376.40| |Expenditure||| |ConsumableResources||£1,132.28| |CurriculumPurschases||.35| |EYPPExpenditure||E593.07| |SENResources from Funding||ES7.97| |Purchases from Fundraising||ES12.52| |Purchases from Grants||EO.00| |StaffUniformpurchases||7.60| |Children's Uniform Purchases||1.65| |Marketing8||E108.00| |Rent||E6,552.00| |Outings||EO.00| |AdminExpenditure||E1,177.83| |Photocopying||E0.00| ||EO.00||| |---|---|---|---| |MiscAdmin|||| |SubscriptionsICO,OFSTED,NWetc|E85.00||| ||£130.00||| |Telephone|E449.45||| |Cleaning
FabricMaintenance(window cleaning??)|E100.00||| |SnackFeeExpenditure|E521.61||| ||E669.60||| |Insurance|||| ||E13.00||| |DomesticExpenditure|||| |Sundry Expenses|£1,245.42||| ||E168.50||| |BankCharges|||| |GrossWagesincSMP&SSP|EB6,040.45||| |BookKeeping|1.00||| |EmployersPensions|ES71.22||| |RecuritmentExpenses|£193.16||| |PayrollCosts|£372.4||| |Staff Training|E499.55||| |TotalExpenditure|E102,518.63||| |Excess of Income over Expenditure|-E4,142.23||| |ClosingBalanceShest31stAugust2021|||| |CAFCurrentAccount|E249.83||| |CAF2CurrentAccount|£769.42||| |CAFGoldDepositAccount|f8,500.83||| |PettyCash|.91||| |ScottishWidows|E12,832.63||| |TotalAssets|E22,364.62||| |Eunds|||| |AtbeginngingofPeriod|E26,506.835||| |ExcessofIncomeoverExpenditure|£4,142.2|disc|| ||||EO.00| |Fundsasatendofperiod|E22,364.62|||