Trustees’ Annual Report - Rainbow Teddies Pre-School
Charity Registration Number: 1022411
Reporting Period: 1st September 2023 – 31st August 2024
Objectives and Activities
The aim of the Preschool is to enhance the development and education of children from 2.5 to statutory school age. The Trustees have referred to the Charity Commission's public benefit guidance when reviewing aims and planning future activities. Rainbow Teddies Pre-school has served the Thornbury community since 1993, welcoming children from all backgrounds. Children learn through play, laying foundations in communication, creativity, and confidence. Close ties with local primary schools aid transitions.
Public Benefit Statement
The Trustees have given due regard to the guidance issued by the Charity Commission on public benefit principles and ensured all activities and plans comply with those principles.
Grant and Social Investment Policy
No policy or involvement in grant making or social investments.
Volunteer Contributions
The fundraising committee and other parents contribute time and effort to support the setting's community and financial needs.
Achievements and Performance
A stable committee with clear roles was established, leading to financial recovery from a previous deficit. Practitioners maintained training compliance, and a curriculum review was implemented by room leaders. All policies are reviewed on a rolling basis.
Fundraising events included charity clothes collections, fayres and confectionary sales. Total raised: £2,618.32.
Financial Review
Total Income: £160,432.35 Total Expenditure: £133,212.37 Under expenditure: £27,219.98
Reserves: £50,069.80, intended to cover 3 months' costs and redundancy funds. 20% of excess is added to reserves for sustainability.
Principal Funding Sources
Fees from attendees, government grants via SCC, and fundraising initiatives.
Risk Management
Key risks include fluctuating attendance and cost increases - primarily relating to our relocation within the school grounds as a result of the school expansion. Measures have been taken to address previous deficits and monitor ongoing sustainability.
Structure, Governance and Management
Governing Document: Constitution Charity Type: Unincorporated Trustees are part of a management committee. Trustees undergo DBS checks and follow a structured induction. The leadership team includes a Manager and Deputy, responsible for daily operations. The Chair, Treasurer, and Manager approve spending. Preschool is affiliated with Ofsted and South Gloucestershire Council.
Reference and Administrative Details
Charity Name: Rainbow Teddies Pre School Registered Charity Number: 1022411 Address: Manorbrook Primary School, Park Road, Thornbury BS35 1JW Key Staff: Marie Collins (Manager), Emily Greenslade (Deputy) Trustees: Mike Stutt (Chair), Hannah Wesson (Treasurer), Rebecca Reid (Secretary), Emma Bird (Committee Member) Claire Cable (Ofsted POC)
Declaration
The trustees declare that they have approved this report. Signatories: Mike Stutt (Chair) Hannah Wesson (Treasurer) Rebecca Reid (Secretary)
Rainbow Teddies Pre School - Charity Number 1022411
Accounts Summary for 1st September 2023 to 31st August 2024
Opening Balance Sheet @ 1st September 2023
| Balance B/F CAF Gold Acc 93828 Balance B/F CAF Cash 2 Account 22059 Balance B/F CAF Cash Account 17316 Scottish Widows Acc 51473720499 Petty Cash Co-op Total Assets |
£28,722.77 £423.67 £2,785.58 £12,955.33 £19.60 £0.00 |
|---|---|
| £44,906.95 |
Income
| Interest CAF & Scottish Widows Wages adjustment Fees From Parents NEF 3 & 4 Year Olds EY2F EYPP Funding EYPP Deprivation Funding Fund Raising & Donations Admin Fees (reg fee) Snack Fees Uniform & Book Bags Cattle Country Inclusion Fund south glos training refund refund cartridge people DAF Total Income Expenditure Wages/Payroll Fees/NI/Tax Pension Rent Insurance Bank Charges Telephone WIFI Web Maintenance Snacks DBS Checks Cleaning Staionary & Printing Staff Uniform Childrens Uniform Toys, Craft & Daily Activities EYPP EYPP Deprivation Fundraising & Donations Training Ofsted Fee & ICO Foundation Stage Forum - Tapestry Inclusion Fund DAF Cattle Country Trip PAT Testing Small Claims Court Fee Kate Wilson refund S Turner refund refund of portal fees Total Expenditure Excess of Income over Expenditure Closing Balance Sheet @ 31st August 2024 Balance B/F CAF Gold Acc 93828 Balance B/F CAF Cash 2 Account 22059 Balance B/F CAF Cash Account 17316 Scottish Widows Acc 51473720499 Petty Cash Co-op Total Assets |
£1,573.00 £407.17 £20,464.21 £123,502.92 £1,843.12 £2,699.71 £2,618.32 £1,035.00 £4,206.25 £618.00 £431.15 £0.00 £95.00 £28.50 £910.00 £160,432.35 £108,714.05 £3,587.10 £6,138.00 £1,045.96 £120.00 £60.00 £69.50 £293.98 £572.35 £100.01 £782.14 £826.89 £36.00 £605.64 £272.55 £1,856.37 £2,483.62 £2,421.43 £444.62 £85.00 £192.00 £0.00 £910.00 £412.80 £27.60 £50.00 £42.00 £44.00 £1,018.76 £133,212.37 £27,219.98 £72,126.93 41825.75 547.72 15641.77 £13,494.41 £18.23 £599.05 £72,126.93 £0.00 |
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Produced by Book Keeper:
Reviewed by Chair:
Reviewed by Treasurer:
Independent examiner's report to the trustees of Rainbow Teddies Pre~School I report to the trustees on my examination of the accounts of the Rainbow Teddies Pre-school (1022411) for the year ended 31 August 2024. Responsibilities and basis of report As the charty trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charrties Act 2011 ('the Act,). I report in respect of my examination of the Trust's accounts carried out under s. 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under s. 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. (1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; 2. (2) the accounts do not accord with those records; 3. (3) the accounts do not comply with the applicable requirements concerning the fom 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 fair view, which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection wtth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed Ikrft* Kirsty Harding Relevant professional qualification or body: CIMA, AAT Address: 28 Hunters Way, Hardwicke, Gloucester GL2 4AP Date: 2910512025