Tenacres Litlefolks Pre-School Registered
Charity 1022808
Year ended 05 April 2024
Income
| Fees | £15,790.44 |
|---|---|
| Funding | £164,155.26 |
| Free Funds Raised | £4,147.07 |
| Incoming | £30.58 |
| Total | £184,123.35 |
| Expenses | |
| Wages | £120,830.99 |
| PAYE / NI Contributions | £12,223.28 |
| Pension Contributions | £3,719.54 |
| Stationary / Art Supplies | £1,083.69 |
| Food / Drink | £839.08 |
| Cleaning Supplies | £322.04 |
| Outdoor Equipment | £1,371.41 |
| Furniture / Room Hire | £11,712.40 |
| Toys | £1,111.75 |
| Training / Professional | |
| Standards | £5,569.82 |
| Misc | £1,601.74 |
| Total | £160,385.74 |
| Profit / Loss | £23,737.61 |
Registered charity 1022808
Year ended 05 April 2024
Trustees Annual Report
Tenacres Littlefolks Pre-School operates under a constitution recommended by the Pre-Schools Learning Alliance with a committee elected at an annual meeting attended by parents involved with the Pre-School.
The aims of the charity is to provide care and education for children from the age of 2 years 6 months to school entry. Fees are kept low to make the Pre-School accessible to all, and a few children were entitled to government funding at the age of 2 so were able to attend more often.
Almost all monies received into the charity are:
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Funding from Worcestershire County Council:
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15 hours funding
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30 hours funding
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2 year funding
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Fees paid by parents for extra hours which cannot be funded.
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Grants and donations
We're pleased to share another year of excellent educational and financial performance! This has been achieved through:
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Strong Enrolment: High demand led to near-capacity enrolment throughout the year.
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Investng in Quality: While staff wages are our largest expense, this investment ensures a high teacher-to-child ratio, providing the best possible learning environment.
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Community Support: We are grateful for generous donations from businesses, which helped us acquire new Pre-school equipment.
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Strategic Budgetng: Effective budgeting which is reviewed monthly to ensure that we are monitoring our financial position.
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Sustainability Initatves: Our participation in the FareShare program helps reduce food waste and manage our food costs responsibly.
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Speech & Language – We continue to make a significant investment in dedicated speech and language therapy resource for our children. This is evidentially improving educational outcomes for our children, and better setting them up for success when they enter school.
We remain committed to delivering a high-quality education. We have a clear budget and manage expenditures effectively. With our strong foundation and maintaining sound financial practices we are confident in our ability to manage finances effectively in the coming years
Written by Julie’ann Hampton (Manager). Agreed by Glyn Johnson (Chairperson) & Claire Keeley (Treasurer)