2022-08-31-accounts

2021					2022
10,594		Fees			10,834
2,495		Fundraising, Donations	&Event	Income	3,233
87,375		Grants			94,431
9		Bank Account Interest			6
	100,473					108,504
76,448		Wages			82,643
7,315		Rent			9,024
7,974		Equipment/Stationery			4,871
24		Training			482
1,981		Subscriptions/Fees/Insurance			2,020
959		Events & Fundraising	expenses		1,365
0		Garden / Building costs
2,236		Sundries (inc i4fk,Telephone, Advertising)			2,701
	96,937					103,106
	3,536	Surplus/(Deficit) receipts aver payments				5,398
	53,922	Opening Bank Account	Balances			57,458
	57,458	Closing Bank Account	Balances			62,856 (1)
		Note (1)
		Per Bank Account statements		at 31.8.22		62,856
		Deduct outstanding cheques
						62,856

					SORP reference
Summary		ofthe purposes of				The ethos of Handsworth Pre-school
the charity as set			out	in its		centres around a partnership with
governing		document				parents/carers to ensure Pre-school
						children are given appropriate opportunities
						to develop through stimulating play and
						creativity in a safe and secure environment.
						The Pre-school looks to enhance the
						development and education of children
						under statutory school age by encouraging
						parents to understand and provide for the
						needs oftheir children though community
						1'ou s.
Summary activities		ofthe main in relation to those			Para 1.17and 1.19	Our activities further the public benefit by supporting the needs of children and their
purposes		for the public				families and promoting the importance of
benefit,	in particular,			the		voluntary community involvement in
activities,		projects	or			childcare.
services		identified	in	the
accounts.						Handsworth Pre-school promotes care and
						safety; independence; education; health
						and wellbeing ofchildren; and the promotion
						of parental involvement in their education;
						provision of services to support children,
						their families, and carers,
						We offer appropriate play facilities for the
						children and Continual Professional
						Development (CPD) for the staff, together
						with the parents, who take responsibility for,
						and to become involved in the activities of
						our Pre-school.
						We ensure that we offer opportunity for all
						children whatever their gender; disability;
						ethnicity; culture; religion; or ability.
						We encourage the study ofthe child's needs
						and their families and promote public
						interest in and recognition of such needs in
						the local area.

Statement	Statement		confirming	confirming		Para	1.18	The Trustees are fully aware ofthe guidance
whether	the trustees				have			issued by the Charity Commission on public
had regard			to the guidance					benefits. The Trustees meet at least six
issued by		the Charity						times per year and is made up of three
Commission			on public					Elected Trustees and non-named members
benefit								and one co-opted member.
								Elected Trustees are elected by the
								members and their names presented at the
								Annual General Meeting (AGM) of the
								charity, which normally takes place in
								October ofeach year.
								New Trustees are given an up-to-date
								induction pack, which gives them a brief
								history of the Pre-school; charity structure;
								election process; trustee overview and their
								roles and responsibilities etc. Copies of the
								Pre-school policies and procedures are also
								given to the new Trustees and are also
								available on the Pre-school website to view.
								Policies and procedures are reviewed
								annually and signed off by the Chair of the
								Committee. Staff are provided with a copy of
								the updated policies or procedures for their
								own information.
Additional		information			(optional)
You ma	choose to			include		further statements		where relevant about:
						SORP reference
								Where possible Handsworth Pre-school will
						Para	1.38	apply for grants, in order to enhance the
Policy on		grant making						learning and independence ofthe children.
								However under the current economic
								climate applying for grants are becoming
								harder let alone win a successful bid..
						Para	1.38	NfA
Policy on		social investment
including		program		related
investment
								Volunteers play a vital part in the charity's
						Para	1 38	work —supporting families, carrying out
Contribution			made	by				practical tasks. Volunteers within the setting
volunteers								are valued by staff, children and their
								families as they provide additional support,
								bringing new ideas and help to ensure the
								setting is offering suitable placements for
								those who wish to work within the childcare
								industry.
								Unfortunately, the setting did not have any
								volunteers for this re oitin eriod.
Other

chieve	men	ts	and Per	formance
				SORP reference
					The Pre-school continues to employ six
					dedicated and fully experienced staff and
					they have the necessary qualifications and
Summary ofthe main achievements ofthe charity,				Para 1.20	training to work in the setting. The Pre- school ensures that Continual Professional
identifying	the	difference the			Development (CPD) is a high priority for all
charity's	work	has made to			staff, to ensure that they are up to date with
the circumstances			of its		changes within legislation/statutory
beneficiaries and			any wider		requirements and to ensure that they are
benefits to society as a					best placed to work with the children at the
whole.					setting.
					Their knowledge is being continually
					updated through training progra mmes
					provided through London Borough of
					Waltham Forest (LBWF), Waltham Forest
					Safeguarding Board (WFSB) and other
					agencies.
					The ethos of the setting centres on a
					partnership with parents to ensure the
					children are given the appropriate
					opportunities to develop through stimulating
					play and creativity in a safe and secure
					environment.
					We continually assess parent's views,
					through starters and end of year
					questionnaires, and careful planning and
					research is undertaken to provide children
					with novel and stimulating activities.
					The setting ran 190supervised Pre-school
					sessions for children aged between two and
					five years old. Three hours per session for
					children who receive the Free Early
					Education Entitlement (FEEE) and for fee-
					paying children. Reaching 37 children and
					37families throughout this reporting period.
					The Pre-school offered 28 places to 3- &4-
					year-olds during this reporting period.
					The Pre-school offers funded two-year-old
					places to children who are entitled to 2-year-
					old funding. We offered places to six funded
					two-year-olds during this reporting period.
					The Pre-school also offered five places to
					fee paying children.
					The Pre-school continues to have a good
					relationship with the church, who are
					extremel hei ful and su ortive of its work

with the children. The members ofthe
church are usually invited to the Christmas
Concert, coffee mornings and the Spring
Fete.
The Committee raised a staggering
61800.00 during the reporting year by
holding coffee mornings, raffles, and the
Spring Fete.
Monies raised through raffles, coffee
mornings and parent donations are used to
purchase resources such as art materials,
outdoor equipment, and to fund experiences
such as the mobile soft play bus, which was
enjoyed by all children and staff!
The local funeral directors also continue to
sport the setting.
The committee also held sponsored events
such as Sponsored colours day.

Achievements against	Para 1.41
objectives set
Performance offundraising activities against objectives	Para 141
set
Investment performance	Para 1.41
against objectives
Other

Financi	al Review	al Review	al Review	al Review	al Review	al Review	al Review
Review	ofthe charity's										Para 1.21	The Pre-school obtains additional funds
financial		position			at		the		end			through the Free Early Education
ofthe period												Entitlement (FEEE),which is given to the
												children who have turned three orfor the
												two-year olds who are entitled to the two-
												year-old funding. The Pre-school also
												receives fees from parents whose children
												are not entitled to the FEEE.
												The Pre-school is in a financially
												comfortable position. The Business
												Manager constantly reviews the annual
												forecast and advises the Pre-school
												Leader and Committee ofthe income and
												expenditure and ifthere are areas of
												concern.
Statement			explaining					the			Para 1.22	The money held in the reserve account	is
policy for holding					reserves							to ensure continuity ofthe Pre-school in
stating	why		they		are held							times offinancial difficulty and enables	the
												management committee to meet its
												financial obligations in relation to staff
												salaries, rent and other contractual
												ex enses
Amount		of	reserves				held				Para 1.22	639,655.97
Reasons		for		holding			zero				Para 1.22	NIA
reserves
Details	offund materially									in	Para 1.24	NIA
deficit
Explanation				ofany							Para 1.23	The Pre-school is well established in		the
uncertainties				about			the					local area and has a substantial waiting		list.
charity	continuing					as		a going
concern												The Senior Leadership Team (SLT)are	very
												strong and have many skills around
												Teaching and Learning; Business matters;
												Human Resources; and Finances. The	SLT
												are constantly looking ahead to improve		the
												setting and to identify any issues that	may
												arise and possibly cause problems for		the
												setting.
												The Pre-school assistants are dedicated
												and are more than happy to go above and
												beyond their job requirements to ensure
												that the children have a great experience		at
												the Pre-school.
Additional			information						(optional)
You ma		choose			to	include				further statements		where relevant about
												The principal source of funds for the	Pre-
												school is from the Local Authority through
The charity's principal sources offunds (including											Para 1.47	the Free Early Education Entitlement (FEEE)for 2,3- and 4-year-olds.
any fundraising)
												The Pre-school also receives money	from
												families who are not entitled to the FEEE
												and they therefore pay fees for their child' s
												lace at the settin .

						The trustees fund raise for the	Pre-school
						the amount offunds raised varies from year
						to ear.
Investment		policy	and			NIA
objectives	including			any
social investment ado ted			policy		Para 1.46
						The principal risks for the charity, would be
						a reduction in the number of	children who
A description		ofthe		principal	Para 1.46	are entitled to the FEEE, If	fewer FEEE
risks facing		the charity				children attended the setting	our income
						from the Local Authority would	be reduced.
						IfFEEEchildren were not taking up places
						the Pre-school would offer the	places to fee
						paying children and increase the number of
						children on the register.
						The current economic climate	will have an
						impact on the setting. Fee paying families
						are now more inclined to wait	until their
						child is funded before taking a	place at the
						setting.
						The Pre-school offers 15hours of
						childcare, there are many families in the
						local community who are entitled to 30
						hours. The Pre-school will need to address
						the number of hours of childcare that it
						delivers to ensure it is meeting	the needs of
						the communit .
						NIA
Other

Description	Description		ofcharity's	ofcharity's
trusts:
Type of governing				document		Para 1.25	PSLA Constitution, adopted 23 November
rtrusi deed,			revel cnarter)				2011
How is the		charity				Para 1.25	The Pre-school is an unincorporated
constituted?							association.
(e g uninc"		rporaterd
association.			CIO)
Trustee	selection methods					Para 1.25	The Trustees are the		governing		body			of
including	details of any						Handsworth Pre-school.		The Trustees meet
constitutional			provisions		e.g.		at least six times per year and is			made up				of
election	to	post or		name	of		four Elected Trustees		and	non-named
any person			or body entitled				members and one co-opted member.
to appoint		one or more
trustees							Trustees are elected by the members						and
							their names presented		at the			Annual
							General Meeting (AGM)		ofthe charity,			which
							normally takes place	in October			of each
							year. New Trustees are		given an up-to-date
							induction pack, which gives the			Trustees				a
							brief history of the	Pre-school;				charity
							structure; election		process;		Trustee
							overview and their roles		and responsibilities
							etc. Copies of the Pe-school policies						and
							procedures are also	given to			the		new
							Trustees and are also available			on	the		Pre-
							school website to view.
							Policies and procedures		are reviewed
							annually and signed off	by the Chair				of	the
							Trustees. Staff are also	provided		with		a
							copy ofthe updated policy or procedure						for
							their own information
Additional		information			(optional)
You ma	choose to			include further statements			where relevant about
							Copies ofthe Pe-school		policies	and
							procedures are also given to the			new
Policies	and		procedures				Trustees and are also available			on	the Pre-
adopted	for		the induction			Para 1,51	school website to view.
and trainin			oftrustees
							The structure ofthe pre-school is:
							Committee member
The charity's organisational structure and any wider						Para 1.51	Pre-school Leader
network	with		which	the
charity works							Deputy Pre-school
							Leader
							pre~el Assistants
							Business Manager
Relationship			with any			Pars 1.51
related	arties
Other							NIA

Charit	name			Handsworth	Pre-school
Other name the charit			uses	N/A
Re istered charit		number		1023514
Charity's	principal	address		Handsworth	Pre-school
				Highams Park Baptist Church
				Cowling Hall
				Cavendish	Road
				Highams Park
				London
				E4 9NG

	Trustee name	Trustee name	office lif any)	office lif any)	Dates acted Ifnot for whole ear	Name to a	ofperson lor oint trustee	ofperson lor oint trustee	body) entitled ifan
	Johnny	Cooper	Chair		19October 2022	Amy	Livingston
	Siobhan	Knifton	Vice-Chair		19October 2022	Johnny		Cooper
	Lykke Hansen		Treasurer		19October 2022	Johnny		Cooper
	Johnnie	Padilla	Secretary		19October 2022	Holly	Ling
	Ruth Mattison		Co-Opted	Member	19October 2022	Lykke Hansen
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

ame oftrustees holding	title to	property belo	nging to th	e ch
Trustee name		Dates acted lf	notforwhole	ear
Funds held as custodian		trustees	on behalf
Description ofthe assets
held in this capacity
Name and objects ofthe
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for
safe custody and
segregation ofsuch assets
from the charity's own
assets

Names and add	resses	ofadvis	ers (Optional information)
Type of	Name		Address
adviser
Accountant	Norman	Lee	433 Hale End Road, Highams		Park,	London, E49RT
Name ofchief	executive or names ofsenior staff members			(Optional		information)