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KNEBWORTH PRE-SCHOOL
ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2021
KNEBWORTH PRE-SCHOOL
Trinity Church Park Lane Knebworth Herts
Registered Charity No: 1022928
ANNUAL REPORT FOR THE YEAR ENDED 315? MARCH 2021
Knebworth Pre-School is a parent-run Pre-School, taking children from 2 12 years up to school age. Its governing document is the constitution recommended by the Pre-School Learning Alliance, of which it is also a member. At each Annual General Meeting the members elect the Committee for the forthcoming year.
Committee members who served during the year were as follows:
Elizabeth Hounslow - Chairperson Carrie-Anne Ambrose — Secretary Judith Wheeler — Treasurer Jane Whitrow — Vice Treasurer Kerensa Ayling Jennie Banks Helen Crumplin Charlotte Flowerday Kathryn Cheik Laura Taiaki Emily Packman Caroline Rixson Michelle Pengelly
During the year to 31“ March 2021 Knebworth Pre-School has continued to pursue its main aim, which is to enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:
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offering appropriate play facilities and training courses, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children, regardless of race, culture, religion or means;
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encouraging the study of such the needs of such children and their families and promoting public interest in and recognition of such needs in the local area:
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instigating and adhering to and furthering the aim of the Pre-School Alliance.
The Pre-School operates an assisted places trust fund for those families on certain benefits to have their fees subsidised. This fund is supported by The Knebworth Village Trust.
Fees are intended to cover staff wages and basic running costs. The Pre-School relies on grants and fundraising to cover its other costs. A target of £2,000 was set per annum for fundraising however due to the pandemic no fundraising activities could take place.
The school had to close in the spring term on 27" March 2020 in accordance with government instructions. For the first half of the summer term 2020 the premises remained closed with most staff furloughed but the staff kept in touch with parents by phone or email and provided them with educational packs to do at home where suitable. Some children were able to attend the school after half term in bubble groups whilst others continued with home schooling. The school was limited as to available funding but did receive one payment under the CJRS scheme of £1,634
The Pre-School madea net profit for the year of £5,284 mainly due reduction in costs due to children home schooling and staff furloughed for a period of time.
The Pre-School operates a reserves policy which had currently stands at £25,184 which is retained in a separate account to cover such costs as redundancy in the event that the school should close.
The trustees have complied with their duty to have due regard to the guidance on public benefit as published by the Charities Commission in exercising their power or duties.
L lUnecie, Treasurer Date: 95)2\22
KNEBWORTH PRESCHOOL
INCOME AND EXPENDITURE For the year ended 31st March 2021
| INCOME | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | TOTAL | ||||
| £ | £ | £ | £ | |||
| Fees | - private | 6,647 | 6,647 | 15,955 | ||
| -funded | 84,130 | 84,130 | 90,316 | |||
| 90,777 | 90,777 | 106,271 | ||||
| Fundraising | - income | 1 | 49 | 49 | 2,415 | |
| Grants | 2 | - | 4,394 | 4,394 | 6,640 | |
| Donations | 100 | 100 | 2,953 | |||
| Interest receivable | 11 | i | 53 | |||
| Other | 74 | 74 | i) | |||
| Total income | 91,011 | 4,394 | 95,405 | 118,332 | ||
| EXPENDITURE | ||||||
| Fundraising expenditure | 1 | 168 | 168 | 719 | ||
| Wages | 75,392 | 75,392 | 84,271 | |||
| Pensions | 4,347 | 4,347 | 4,444 | |||
| Food | 325 | 325 | 1,021 | |||
| Consumables | 1,043 | 1,043 | 1,390 | |||
| Rent | 2,760 | 2,760 | 2,760 | |||
| Insurance | 611 | 611 | 604 | |||
| Telephone & internet | 823 | 823 | 891 | |||
| Computer costs& software | 807 | 807 | 530 | |||
| Stationery | 465 | 465 | 824 | |||
| Advertising | 72 | 72 | 96 | |||
| Bookkeeping | 1,500 | 1,500 | 1,500 | |||
| Maintenance | 526 | 526 | 298 | |||
| Staff training | 255 | 255 | 213 | |||
| Equipment | - | - | 5,095 | |||
| Subscriptions | 471 | 471 | 474 | |||
| Sundry expenses | 126 | 126 | 964 | |||
| Donations | . | . | 20 | |||
| Uniforms | - | - | 292 | |||
| Graduation & Sports day | - | - | 469 | |||
| DBS costs | 91 | 91 | 99 | |||
| Staff entertaining | - | - | - | |||
| Tennis/football/drama/french | 225 | 225 | 1,548 | |||
| Trips | - | - | 70 | |||
| Bank charges & Paypal fees | 114 | 114 | 320 | |||
| Book & Shoe bags | . | . | 97 | |||
| Total expenditure | 90,121 | - | 90,121 | 109,009 | ||
| Excess ofexpenditure overincome | 5,284 | 9,323 | ||||
| BALANCE SHEET | ||||||
| Accumulated funds | at 1 April 2019 | 44,965 | 42,647 | |||
| Excess/(deficit) ofincome over expenditure | 5,284 | 9,323 | ||||
| Total | 50,249 | 51,970 |
.
| Represented by: | ||
|---|---|---|
| Cash in hand | 444 | 237 |
| Bank currents account | 19,612 | 16,946 |
| Bank deposit account | 25,184 | 25,173 |
| Paypal account | 5,078 | 1,893 |
| Assisted PlacesAccount Debtors |
90 116 |
90 927 |
| Creditors | (214) | (240) |
| Deferredincome | (61) | (61) |
| 50,249 | 44,965 |
Treasurer:
KNEBWORTH PRESCHOOL
NOTES TO THE ACCOUNTS For the year ended 31st March 2021
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1. FUNDRAISING EVENTS
INCOME EXPENDITURE NET REVENUE
Fete 15 -15
Treasure hunt 49 49
Tea towels 153 -153
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=| CHARITY COMMISSION| FOR ENGLAND AND WALES
Independent examiner's report on the accounts
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Section A Independent Examiner's Report
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Report to themembers trustees/ of | CharityyiameNes vor PR«—— —ot
On accounts for theever) year 31 Marck ZoZ | CharityWemno | [022 228
4 = iF (femember to include the page numbers of additional sheets)
| report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended DD / MM / YYYY.
Responsibilities 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 (“the Act’).
| 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, |
have followed the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
independent | have completed completed my examination. | confirm that no no material matters have have
examiner's statement come to my attention to my attention my attention attention (other than that than that that disclosed below ) in connection with with
the examination examination which gives me cause to me cause to cause to to believe that that in, any material material
respect:
accounting records were not kept in accordance with section 130 of
the Act or
e the accounts do not accord with the accounting records
| 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 understanding of the accounts to be reached.
Please the words in the brackets if they do not apply.
Signed: Date:| 2< 6224
Relevant professional
qualification(s) or body re A
(if any):
, | del ihe
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independent | have completed completed my examination. | confirm that no no material matters have have examiner's statement come to my attention to my attention my attention attention (other than that than that that disclosed below *) in connection with with the examination examination which gives me cause to me cause to cause to to believe that that in, any material material respect:
IER
1
October 2018