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2024-01-31-accounts

Heysham Youth and Community Playgroup Trustees Annual Report Year Ending 31[st] January 2024

The Trustees have given careful consideration to the Charity Commissions general guidance on public benefit with particular emphasis on the commission supplementary public benefit guidance on advancing education and fee-charging during the planning process for all activities and while setting the pre-school aims and objectives.

For children aged between three and five years old and qualifying two year olds, fees for 15hrs per week are obtained from the County Council in the form of Early Education Funding at no cost to the parents/guardians. Some working parents also qualify for a further 15hrs extended funding for children over three if they meet criteria. Two year old children who do not qualify and those three year olds who take up additional hours to those funded by the council, are charged at the rate of £4.50 per hour. This fee has been set to cover costs and is the lowest possible amount chargeable in order to maintain the prehigh standards.

By continuing to maintain our fees at a low rate we have again been able to provide affordable education and childcare for children aged between two and five. This can be accessed by underprivileged families in the local area and provides safe and stimulating care for children from all backgrounds including children with special education needs and disabilities, children with English as an additional language and children from disadvantaged backgrounds. These children have been given a chance to flourish and develop in a positive nurturing environment and have been given a good start for when they enter mainstream education.

We follow Government Policy in the form of the Early years foundation stage statutory framework, which is regularly updated to cover the most recent policy changes. Our overarching curriculum is based on the Department for Educati Non-Statutory guidance Development Matters and we plan individually to meet the learning and developmental needs of each child.

Meetings are held between key workers and their parents as and when needed to enable discussion of their development at pre-school and we operate an open door policy, encouraging parents to talk to us whenever they need to. We continue to use an online Learning Journal, which allows us to share information with parents about their experiences and development and vice versa; this gives both practitioners and parents a more accessible and mutually beneficial communication tool. Parents engage with this technology much more than the traditional paperbased information.

As well the key objectives for the Pre-school outlined above, under the Early Years Alliance, HYCC Pre-School also holds the following powers and objectives:

Main Achievements During the Year

Over the past twelve months we have maintained the Pre-School and facilities to a high standard and continue to provide affordable education and childcare for the local community irrespective of background. Parent interactions were carried out face to face or via the telephone to support and inform parents.

The Sensory room is an asset to the setting and has been a huge benefit to all the children, especially children with additional needs and sensory issues. It has provided a cosy and relaxing environment for supporting children personal, social and emotional development, especially for children affected by Adverse Childhood Experiences (ACES). We continue to add to the resources available as and when they are needed and continue to build a broad resource base. Parents and local childminders with a connection to the setting can use this facility via prior arrangement.

We have continued to invest in our outdoor area developing our allotment area and encouraging the children to plant and care for vegetables and fruits, learning about where food comes from and how to eat healthily.

Once again in the Spring term, we hired an incubator from Incredible Eggs. The children were able to look after the eggs, watch and learn in awe and wonder as the eggs hatched and little chicks emerged. We cared for them for 10 days, handled them and watched them grow. Incredible Eggs then returned to collect them and take them back to the farm where they live happy lives. The children were all given an Easter Egg from the setting.

In the run up to Christmas we had a roast dinner for all the children. We also had a party day with a magician, party food, games, music and dancing. All the children received a book as a gift from the setting for Christmas/winter holidays and a chocolate selection box.

Our landlords Lancashire County Council haveS verbally extended our lease, and have agreed revised heads of terms. We are responsible for the building including all utilities, services and maintenance. Our costs for maintenance of the building have increased dramatically as repairs are undertaken and costs of utilities soar.

In Our last Ofsted Inspection was September 2018 and we were rated as We received positive feedback and continue to strive to meet requirements which will see us continue to achieve a good rating although our ambition would see us achieve outstanding.

The Pre-School has continued to purchase new resources to help the children's progress and development. The rejuvenation of our outdoor spaces which are a huge benefit for our children with regard to experiences and physical activity, is an ongoing action and require a great deal of expense and time.

Financial Review

Monies remaining in the Pre-School accounts at the end of the year will be held in reserve to allow for fluctuations in Pre-School numbers and in accordance with our additional objectives (item J) to allow for special purposes such as events, training and the purchase of new resources when needed in order to enhance the environment and maximise the learning opportunities for the children. We are also now mindful of the commitment to maintain the building and environment to a safe and functional standard, including the outdoors.

Preschool expenses, in accordance with item A of the Pre-Schools main objectives, have increased substantially with the signing of the lease. Daily running costs including wages, rent and purchasing new resources for the children continue to be budgeted for.

Heysham Pre-School

Balance Sheet as at 31st January 2024

Current Assets
Natwest - Wages Account
Natwest - Fund Account
Cash in Hand
Current Liabilities
Creditors
Net Current Assets
Represented By:
Capital Account
Opening Capital
Net (deficit)/surplus for the year
£
£
201,188.28
13,844.65
543.78
215,576.71
1,289.49
1,289.49
214,287.22
£
214,287.22
217,483.19
(3,195.97)
£
214,287.22
2024
£
£
205,505.33
13,707.88
63.70
219,276.91
1,793.72
1,793.72
217,483.19
£
217,483.19
216,195.83
1,287.36
£
217,483.19
2023

HYCC Pre-school - Profit & Loss Year ending 31 January 2024

Income
Parents
LCC Funding
Grants
Commission
Lunch Money
CJRS Grant
HYCC
Staff contributions
Training
Fundraising
Expenditure
Wages
Employers NI
Pensions
Supply staff
Rent
Water rates
Heat & Light
Milk & Food
Toys & Materials
Insurance
Phone
Postage
Stationery
Website
Printing
Equipment
Registration Fees
Training
Trip & Special events
Repairs
Uniforms & Clothing
Cleaning
Waste Disposal
CRB Checks
Sundry
Bank charges
Entertaining
Fundraising costs
Accountancy
Profit/ (Loss) for year
2024
2023
27,143.24
25,270.15
151,157.62
130,695.78
0.00
0.00
136.77
76.84
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
120.00
350.00
178,557.63
156,392.77
130,215.08
111,726.27
1,891.68
973.00
2,181.21
1,731.63
678.00
971.52
15,750.00
11,250.00
3,039.37
2,350.71
8,275.46
3,065.00
1,311.18
1,287.97
2,373.63
3,700.15
654.18
635.56
1,245.82
1,105.49
25.50
34.78
620.29
721.75
96.84
88.44
0.00
0.00
0.00
0.00
808.20
1,177.86
265.00
862.26
648.40
269.07
7,673.21
8,148.81
167.40
354.76
1,204.47
1,669.62
503.88
673.20
340.00
340.00
554.90
741.62
221.90
217.94
0.00
0.00
0.00
0.00
1,008.00
1,008.00
181,753.60
155,105.41
(3,195.97)
1,287.36