2024-08-31-accounts - East-The-Water Stepping Stones Pre-School

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East the Water Stepping Stones Preschool Charity registration number- 1022769 Ofsted Registration number- EY443628 Registered off ice: Avon Road Bideford Devon EX394BL Trustees: Louise McNeiL Lynette Mopherson Rebecca Oatham Independent Ex8miner: Kieran Stocker Swift Accounting and Bookkeeping Services Ground Floor the Custom House The Strand Barnstaple EX311 EU reasurers As of 31 August 2024, Easi the Water Stepping Stones Preschool has three trustees. Louise McNeil is the Chair of trustee's and the Ofsted nominated person and the Manager Kellie Fowler is the Staff representative and also the Ofsted nominated person. The trustees meet twice 8 year, 1 meeting being the AGM, however information is regularLy reviewed and shared verbally through phone conversations. Trustees are nominated and voted for at the Annual General Meeting. tiv ctiviti The objectives of East the Water Stepping Stones Preschool 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 theirchildren through community groups and by offering appropriate play, education, care facilities and training courses together with the help of parents to take responsibility to become Involved In the activities of such groups and ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability,

encouraging the study of the needs of such children and their families and promoting pubLic interest and recognition of such needs. To identify and assess special educational needs, and to make appropriate provision Instigating and adhering to furthering the aims and objects of the Pre-school LearningAILiance. To ensure the safetyof the children in ourcare. To offer fully flexible funded childcare to meet the needs and requirements of ourfamiLies. Structure overnanc Constitution E8St the Water Stepping Stones operates under a constitution, which governs and sets out the preschools purpose, structure and describes how we operate. East the Water Stepping Stones has adopted the constitution set out by the Early Years Alliance. Our structure includes Governance (the committee of voLuntarytrusteesl, Management (the preschool manager and deputy), and Staff (preschool practitioners, apprentices and cleaningstaff). Voluntary Trustees (Committee) The charity is managed and controlled by the Committee, as charity trustees. The trustees ensure that the charity complies with the constitution 8nd delivers the overarching governance of the preschool, sustains continuing support and engagement with management, and initiates regular meetings and actions to meet regulatory requirements. The Committee can have 8 minimum of3 and maximum of 12 members and is made up of parents of preschooL children orcommunity members. Trustee recruitment is through public appeal through the setting and discussed with new families to the preschool during the application process, to current parents/carers and the local community, with voluntary trustees putting forth their name and current committee members confirming their appointment. ALI committee members are voluntarytrustees and no external or third party body appoints trustees. During the period of the TAR, O volunteers stepped down from the Committee. During the period of the TAR, O volunteers joined the committee Management and Staff The setting is managed bythe PreschooL Managerand Deputy Manager. Managers and staff are responsibLe for the delivery of the child development and education aims of the preschool through a high-quality, enriching EYFS curriculum, experiences, and meeting of enrolled children's needs. The rnanagement and staff structure includes 9 qualified,

full time individuals- this meets required 8dult-to-child ratios and ensures children are fully supported and provided with individualised care. ublic Be The trustees consider that the objects of East the Water Stepping Stones PreschooL, as stated above, comply with the Charities and Public Benefit: Summary guidance for Charity Trustees (January 2008). The trustees unanimously agree that the requirement for due regard to the PubLic Benefit guidance has been satisfied as government funded places are available to aLI children rustees, Re or chi vements During the period East the Water Stepping Stones Preschool had many achievements to report on. The main achievements include: Pupil places have been high with most sessions being fuLI at the start of the summer term ( April) Staffing remains consistent and continues to be reviewed to ensure that the setting is managed to EYFS standards. At the end of the period East the Water Stepping Stones Preschool had 13 employees working directly with the chiLdren (2 qualified to Level 5, 8 staff quaLified to level 3, 2 qualified to level 2 and 1 apprentice working towards NVQ level 2). The Deputy Manager left us in Aprilto continue her personal developmentworl<ing in secondary education. A new Deputy Manager has been appointed. Our numberfor children aged 2 receiving both the working entitlement funding and the disadvantage funding has increased since Lastyear and children are attending full day sessions accessing all their funding allowance. The overall profiLe of East the Water Stepping Stones Preschoot remains high and provides a high-leveL service to the community. AIL policies have been reviewed and updated accordingto the Pre-school LearningAlliance. We continue to maintain and improve the Preschool propertyto meet the needs of the children with a focus this yearto our outside provision, purchasing new mud l<itchen, water trays and outdoor resources for specific play areas. ALL staff continue to update their skills with regular courses using the Noodle Now platform including safeguarding and 8 Staff undertook a paediatric refresher course this year. Duringthe year there were net incoming resources of £211,924 (2023: £203,553) During the year there were net outgoing payments of £201,152 (2023: 2203,657).

Devon County Council funding received in relation to nursery hours attended totalled £172,232 (2023: £163,646} for the year. Fees received during the year decreased from £39,906 in 2023 to £31,097 in 2024. During the year wages increased from £166,977 in 2023 to £174,980, To ensure future financial sustainability for East the Water Stepping Stones Preschool, the Trustees have set a target aim to hold £35,000 cash reserves which represent half a term running costs. Our plans for future periods include the following. Trying to do more fundraising activities such as bingo nights, sponsored mini run forthe l<ids and a organised fun daywith outside vendors and stalls. Re opening the baby room for when the funding from 9 months old comes into place in September 2024 with a possible extension Extending ouropening hours and weeks we open. Research Erant funding to repLace/partialty replace sections of the building. Signed on behalf of the charity tru8tees (Committee): Print name . C Bissett Position: Treasurer Date . 2810612025

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts ++• Section A Independent Examiner's Report Report to the trusteesl members of East The Water Stepping Stoners Pre-school On accounts for the year ended 3110812024 Charlty no (If any) 1022769 Set out on pagos 1and2 I report to the trustees on my examination of the accounts of the above charity ("the Trust.) for the year ended 3110812024. Responslbllltles and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ('Ihe Acf,). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the appllcable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confimi that no material matters have come to my attention in connection with tha examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understandlng of the accounts to b8 reached. Slgnod: Date: Name: Kieran Stocker Relevant profosslonal qualifi¢atlon(s) or body (if any): Chartered Accountant ICAEW (5031515) Address: Ground Floor. The Custom House, The Strand. Bamstaple, EX31 1 EU

te In Stones Pre-school End of ear Accounts 12023 - 3110812024 Last year Last year 39.906.991 Fee8 ,163,646.17 Early Years Fundlng ,. Access to Work Pa men 31,097.50 Wag8S 172,232.06 Admln 8,436.00 Professlonal Servlc8S 134.16 Telephone 24.42 Resources & Refreshments Equlpment, Flxtures & Fitting8 utiiitles Cl88nlng Suppllers Unlform Other 174.9BO.91 166,977.04, 5,251.19 2.00268 1,885.70 . 1,263.581 2,035.01 , 2,778.21 5,250.34: 12,654.:44 5,275.91 , . 8,572.17 5,21fj..89. Interest on Savlngs 1,053,27::; 735.79, 1,000.00 . 2,592.51, 203 553.16 . Tran8fer to CA From PC to CA From PC to PA From PA TO CA 211,924.14 201,152.26 203 657.52 Transfer from CA From PC to CA From PC to PA From PA TO CA 203,553. IS 211,924. 201,152.26 203, 657.52 Re nc Books open 01109122 Add Income -1,490.15 BkS open 01109123 Les8 Expenditure 203,553.18 Add Income -1,549.51 203,657.52 Less Expenditure 211,924.14 -1,594.51 201,152.26 Acc.Book closed at 31108123 Acc.Book closed at 31108124 ZJ 9.222.37 Bank account 31108123 740.01 Cash In hand 31108123 Bank account 31108124 165.48 Savlngs Account 31108123 Cash In hand 31108124 5,909,91 0.00 395.21 Loan Balan savlngs Account 31108124 -2 500.00 Loan Balan 4,442.25 594.51 -1,525.00 9 222.37 I have examlned the accounts of Stepplng Stongs Pr8-schts31 wmh the books and vouchers supplled to me and belleve them to show a falr and true record of the group'8 finances a8 at 31108124 Slgnature: Name & address of examln8r Date 2f/o6/2oiJ Signature: Name (Chalr of finance) Date

CHARITY (OMMISSION FOR ENGLAND AND WALES East The Water Stepplng Stones Pre.School 1022769 Recei ts and For the perlod from ments accounts 0110912023 CC16a 3110812024 Section A Receipts and payments Unrastricted funds to the nearest Restricted funds to tho noarest £ Endowment funds to the nearost £ Total funds Last year A1 Recel ts Fees Earl Years Fundln A¢¢e8S to Work Other Intere81 on Sovings to th• nearost £ to¥ the noarn$t £ 31,098 172,232 8,436 134 24 31,098 172,232 8,436 134 24 39,907 163,646 ross income or AR) 211,924 211.924 203.553 sse an see tabl8 . Loans Provlded nvas men 5,025 5,025 5,028 5,025 Total recelpts 210,949 Wages Admin Prolesslonal Servlc88 Telaphone Rgsources & Refr8shmenls Equipment. Flxtures & Fittlngs Utlllty Cleaning Slipplies Uniform Other 174,981 5.251 1,886 2,035 5,250 5,276 4,268 416 1,053 691 74,981 5.251 1,B86 2,035 5.250 5,276 4268 416 1.053 691 166,977 2,003 1,264 2.778 12,654 8.572 5,217 1,000 2,593 Sub total 201,107 201,107 203,658 A4 Asset and Investment Loan Re ments 6.000 6,000 1000 Sub total 6,000 6,000 207,107 207,107 205,658 Net of receipts/{payments) A5 Transfers between funds A6 Cash funds last year end Cash funds thls year end 9,842 9,842 2,105 10,747 10,747 9Q5 Page 1

Section B Statement of assets and liabilities at the end of the period Unrestricted funds to nearost £ 395 Restricted funds to nearest £ Endowment funds to nearest £ Categories Details B1 Cash funds Cash in Hand Bank Account 5,910 Instant Account 4,442 Total cash funds 10,747 (agree balances With re¢elpts and payments accountl511 Unrestrlcted funds to nrest£ Restricted funds to ngarest £ Endowment funds to ngarest £ Details B2 Othfrr monetsry assets Fund to whl¢h aJ$8t bolon Cost {optlonall Current v¥lue tlonal Details Fund to whlch asset belon Unreslrlctod Curr•nt valu• tlonal 14,361 Details Tenants Imporvements Cost loptlonall 18,571 B4 Assets retained for the charlty's own use Fund to whlch rglat88 Unreslrecited Amount du8 lonal 1,525 When du& tion Detalls Loan 85 Liabilities Signéd by one or trustees on behalf of all the trustees Date of roval Signature Print Name ISS £S Page 2