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|||
|4|||||
|5|||||
|6|||||
|7|||||
|8|||||
|9|||||
|10|||||
|11|||||
|12|||||
|13|||||
|14|||||
|15|||||
|16|||||
|17|||||
|18|||||
|19|||||
|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**