## **Trustees’ Annual Report for the period** ## **From 1 September 2023 To 31 August 2024** ## **Charity name: MONTACUTE PRESCHOOL** ## **Charity registration number: 1024088** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To enhance the development and education of
children under statutory school age by offering
appropriate play, education and care facilities.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Montacute Preschool offers 8 mixed age
sessions across 5 mornings and 3 afternoons
for 38 weeks of the year. Parents are able to
access Early Years Entitlement. Children are
given access to a variety of learning
opportunities and experiences supported by
staff and external professionals where
appropriate. Staff also encourage, advise and
support parents as required or requested.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees of Montacute Preschool have had
regard to the guidance issued by the Charity
Commission on public benefit.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|Montacute Preschool is run and supported by
volunteers and is grateful to the parents who
give up their time to manage the preschool,
assist in sessions and support fundraising
activities and events.| |||| ## **Achievements and Performance** ||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|The annual Nativity, Sports Day and the
Christmas Market all raised generous funds for
the preschool. The children walked around the
village with their teddies on our ‘Teddy Toddle’
which raised much needed funds.
The staff and trustees work hard to run these
fundraising events to raise funds for the
preschool for the benefit of the children, by way
of additional resources and equipment.
.| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Income exceeded expenditure in this financial
year.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Montacute Preschool has a reserves policy.
The aim is to hold sufficient reserves to allow
for late payment of government funding and
fluctuating numbers of children. Reserves will
also meet the requirement to fund redundancy
payments should the need arise.| |Amount of reserves held|Para 1.22|£25,000| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|None to report| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Montacute Preschool’s primary sources of
funding are from Early Years Entitlement and
from parent paid fees.
Secondary sources are from fundraising,
donations and grants.
Primary expenditure is staff wages and training.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|The principal risk of the charity is rising cost of
wages (increases in National Minimum Wage
each year) and insufficient funding received
from the Local Authority.| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Preschool Learning Alliance
Preschool Constitution 2011| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Montacute Preschool is an Unincorporated
charity and run by a committee of which a
minimum of 60% must be Family Members. The
remainder may be affiliated.| |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 are selected by election of members
of the Preschool. Officers and Committee
members are elected for one year at the Annual
General Meeting.| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|DBS checks are carried out on all staff, bank
staff and trustees. There is a Safeguarding
Children policy in place.
Trustees are encouraged to attend training
provided by the Somerset Council Curriculum
and Literacy Team.| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The charity is a Preschool and is regulated by
Ofsted.
Montacute Preschool was judged by Ofsted as
‘GOOD WITH OUTSTANDING FEATURES’ in
March 2022.
The preschool adheres to strict guidelines as
laid out by Ofsted and delivers the Early Years
Foundation Stage (EYFS) statutory framework.| |Relationship with any
related parties|Para 1.51|Montacute Preschool receives support and
advice from the Early Years Alliance and from
the local Early Years team, when needed.| |Other||Montacute Preschool also works closely with
the local community.| ## **Reference and Administrative details** |Charity name|Montacute Preschool| |---|---| |Other name the charity uses|| |Registered charity number|1024088| |Charity’s principal address|Baptist Chapel School Rooms
South Street
MONTACUTE
Somerset
TA15 6XD| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Lorraine Johnson|Chairperson||| ||Hannah Doble|Vice Chairperson||| ||Claire Jackson|Secretary||| ||Karen Rivers|Treasurer||| ||Melanie Wilkins|||| ||KeeleySalter|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets 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 ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|L Johnson|C R Jackson| |---|---|---| ||Lorraine Johnson|Claire Jackson| ||

Chair|Secretary| ||1 October 2024|| ||1 October 2024|| ## **MONTACUTE PRE-SCHOOL** ## Registered Charity No. 1024088 ## **Receipts and Payments Account as at 31 August** |**2024**
**Receipts**
£
£
£
Opening Bank Balances
Current Account
7389.44
Deposit Account
28523.87
35913.31
Fees Received:
Parents
12776.70
SCC
77450.00
90226.70
Fundraising
4923.82
Consumbles Fee
6773.10
Milk Refund
218.85
Other
10000.00
112142.47
Deposit Account Interest
440.01
Deposit Account Expenses
**#######**
**Payments**
£
£
Wages
80192.22
Hall Rent
5304.39
Milk
218.85
Telephone
909.61
Fundraising
1968.57
Consumables
5179.25
Insurance/Membership
875.02
Course Fees
570.00
Other
326.89
95544.80
Closing Bank Balances
Current Account
23987.11
Deposit Account
28963.88
52950.99
**#######**|**2023**
£
£
£
4477.74
29162.53
33640.27
20935.60
63311.41
84247.01
3778.92
4192.00
225.90
0.00
92443.83
149.31
-787.97
**#######**
£
£
74600.08
5222.45
224.40
1019.57
4672.11
2000.00
804.11
155.00
834.41
89532.13
7389.44
28523.87
35913.31
**#######**|**2023**
£
£
£
4477.74
29162.53
33640.27
20935.60
63311.41
84247.01
3778.92
4192.00
225.90
0.00
92443.83
149.31
-787.97
**#######**
£
£
74600.08
5222.45
224.40
1019.57
4672.11
2000.00
804.11
155.00
834.41
89532.13
7389.44
28523.87
35913.31
**#######**| |---|---|---| |||**#######**|