CHARITY COMMISSION FOR ENGLAND AND WALES
Trustees' Annual Report for the period
From 1 Sept 2023 Period start date To 31 Aug 2024 Period end date
Charity name: Silverstone Preschool
Charity registration number: 1023791
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes | Para 1.17 | The aims of the preschool are to |
| of the charity as set out | enhance the development and | |
| in its governing | education of children primarily under | |
| document | statutory school age by encouraging | |
| parents to understand and provide for | ||
| the needs of their children through | ||
| community groups and by offering | ||
| appropriate play, education and care | ||
| facilities, family learning and extended | ||
| hours qroups. | ||
| Summary of the main activities in relation to |
Para 1.17 and 1.19 |
Running a preschool. The preschool provides term time supervised sessions |
| those purposes for the | for children age 2 to school age. These | |
| public benefit, in | sessions run for four full days and one | |
| particular, the activities, | half day each week. The sessions are | |
| projects or services | provided to children of the local | |
| identified in the | community. | |
| accounts. | ||
| Statementconfirming | Para 1.18 | The trustees have paid due regard to |
| whether the trustees | the Charity Commission's guidance on | |
| have had regard to the | public benefit. | |
| guidance issued by the | ||
| Charity Commission on |
public benefit Achievements and Performance a
I SORP reference
| Summary of the main achievements of the charity,identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Staff and trustees have worked extremely hard to continue to improve our setting, offering the best Early Years experience that we can. We continue to offer four and a half days a week. Children and parents are happy, safe and supported. Our reputation is strong, with more and more children joining us. Our staff are happy working in the setting, with lots of opportunities to contribute to the running of preschool. We are particularly proud of our inclusiveness, working with children of many different needs and backgrounds to provide the best environment for them. We also work closely with local primary schools, to ensure a smooth transition for our children in to their new Reception classes. |
|
|---|---|---|---|
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity's | Para1.21 | We are in a strong financial |
| financial position at the | position. | |
| end of the period | ||
| Statement explaining the | Para 1.22 | Reserves are held as contingency. |
| policy for holding | ||
| reserves stating why they | ||
| are held | ||
| Amount of reserves held | Para 1.22 | £67,318 |
| Reasons for holding zero | Para 1.22 | N/A |
| reserves | ||
| Details of fund materially | Para1.24 | |
| in deficit | ||
| Explanation of any | Para 1.23 | No concerns. |
| uncertainties about the | ||
| charity continuing as a | ||
| going concern |
Structure, Governance and Management
| Description of charity's trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees elected to post from suitable volunteers. |
Reference and Administrative details
| Charityname | Silverstone Preschool |
|---|---|
| Other name the charity uses |
|
| Registered charity number |
1023791 |
| Charity's principal address |
Chapel Rooms Murswell Lane Silverstone NN13 BUT |
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if anv) |
|
|---|---|---|---|---|
| 1 | Rachael Gurr | Trustee | ||
| 2 | Elizabeth Watson | Treasurer | ||
| 3 | Claire Hayes | Chair | ||
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| 20 |
Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets
Declarations
The Trustees declare that they have approved the trustee’s report
above. Signed on behalf of the charity’s trustees Signature(s) E J Watson Full name(s) Elizabeth Jane Watson Position (eg Secretary, Chair, etc) Treasurer Date 28.05.25
Silverstone Preschool Accounts 1st September 2023 to 31st August 2024
| Income | P&L |
|---|---|
| Childs Fees | £36,581.12 |
| Child Deposits | £350.00 |
| Funding | £104,416.66 |
| Uniform | £0.00 |
| Fund raising | £802.87 |
| Bank deposits | |
| Other income | £627.44 |
| Total Income | £142,778.09 |
| Expenditure | |
| Equipment | £2,321.32 |
| Fundraising | £0.00 |
| Insurance | £0.00 |
| Maintenance | £436.25 |
| Misc & sundries | £433.40 |
| Pension | £1,881.91 |
| Professional Fees | £2,020.80 |
| Rent | £9,608.24 |
| Returning Deposits | £0.00 |
| Salaries | £100,402.44 |
| Snacktime | £1,370.39 |
| Stationery/consumables | £561.36 |
| Tax & NI | £4,439.39 |
| Telephone/internet | £1,001.21 |
| Training | £1,679.19 |
| Uniform | £691.14 |
| Deposit to bank | £0.00 |
| £126,847.04 | |
| Transfers |
| Surplus/(Deficit) | £15,931.05 |
|---|---|
| Closing Balances | 31.08.24 |
| Petty Cash | £134.51 |
| Current account | £12,087.15 |
| Savings Account 00597983 | £52,603.71 |
| Savings 00577877 | £2,492.65 |
| £67,318.02 |
I confirm that I have examined the accounts for the year ended 31st August 2024
Duncan J E Mitchell FCA
Date 27th May 2025