RF.G18TF.HF.D CIIARITY NUMBER 1025503 IAIDEN ERLEGH PRE-SCIIOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 cs Camscanner
iIIAIDEN ERLEGII PRcHOoL A member of the Pre-school LtarnlnE Alliance Registered Chxrity No: 1025503 Of5ted ReEislr4tion No: 148665 M#ldtrt Erlegh Prtssehool Our Lady ofp¢a¢t 338 Wokingb4m Road RG6 7DA FINANCIAL STATEm£s FOR THE YEAR ENDED 31 AUGUST 2022 coNrENrs PAGE Tnl¢t$' annual report Indyndenl examiner's rep)rt Receipts and payillents account Balance sh¢et Noles to the accounts cs Camscanner
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cthnfflil the mInISlIk ofihe Pr¢•JcIKMII And tmplo)J Ih¢ S(r. D4> 10 ), Nnnln$ of
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disability. We will make reasonabl¢ adjusthKnts to meet the needs of stsff or pupils who are or bewne disabled. Our Prtrschool 1$ committed to safeguarding aj Fycrfnoling the welfare of our pupils and expects all staff and volunieers to share ihi5 ¢ommilm¢nt. The PsChool has a childc4rc protection policy which includes canying out DBS check5 for Memr$ of stsff. The Pre-school rents the TmS in which it fxilitates Early Yeats educ10n and thildcare from Earley Town Council. Aims and Objectives Maiden Erlcgh Pre-hl.$ key obje¢live is to provid¢ firsl class early years eduution to children under 5ta¢utory school a8¢ in surrounding ar¢ The group's curyi¢ulum provides all children with Continuity and pro8r¢ssion in pre-school learning ihrough structured play tIVitie& gan5. creaiivity and explorntion in order lo enha¢ each child's learning in the following areas.. peTsoll41 social and emotional development. ¢ommunication language and litera¢y skill& Jnathemati¢al d¢velopmenL knowledg¢ and understsnding of th¢ world. physical and crealive development. We aim: to provide leaming experiences throu8h • varity of play oppjrtunities. to develop 181 skills such as taking wrns, slwin& playing togdhu. nspect for oih¢r people and property and a sense of right and WTon& to encourage children to communicate with other children and adults 0nd the home. to develop listening 5ki115 and be able io express themselves verbally. to encourage Childr io be happy. independent a1 confideni as part of a io have a sense of self worth and pride in their own 4bilitA¢s' to cncourdge child to enjoy books and 50ng5 and rhym¢5: lo provide mark makin8 OPPOrtvnities' to encotsrage children to develop number Skil counlin& shapes ond s to encourage childm to reSt reasonable authority and take instruction& to encourdge childrcD to have a lively and enquirÈng mind. to encourage childrcn have an intercst and understanding of. th¢ world around them. both natufdl and man mad¢" to develop a Child's skills in handling tools and materials. e.g. makin& cutttng outr, to help children learn physi¢al control and coordinati¢)n: lo ease the transition of youn8 childr¢n from home io Sch1. io develop and inspire children's crcalivity. thrwgh explorntion of m¢dii and materials, musit. dance and imaginative play. We adhere to the aims and obje¢tives of th¢ Pre-sch1 Learning Alliance aThl support Ihetr aim to enhance th¢ development and edu¢ation ofchildren under statutory school age by encouraging parents to understsnd and provide for the needs of their children through c(xnmunity groups. In setling our objectives and plannin8 our a¢tiYilie5 our committee hav¢ siv¢n ¢tl ¢onsiderntion to the guidance issued by the Ch•rity Commission on publie benefil principles. Trusiees. objectives are bd on public nttd in the area of thildcare and education. The public benefit of the5¢ activities is in the access to affordable, local ¢hildcare pmvision. The committtt also provides greatrr involvement for parents. Cbair Persons Report 2022 Th¢ pasl 12 month5 stsrtcd as an extremely difficult arml worrying lime lor the pre-h0O1, after we received news from Maiden Erlegh TNSI that we would be given noli¢e to va¢ale the Silverdale Cenlre. But thanks the hard work of the Staff and Committ¢¢ aNI nwiy months of liaising with our Farly Years team and cs Camscanner
P•Ee J ofs1. w¢ ar¢ proud lo now have a new homc al lady of Pexe. I wani 10 say a petsonal thank you lo you all for supporting our move and bearing with u5 while we settle into the new IcKalion and for being palienl while we iron out any leeihing issue$. We hav¢ Also retained all our existin8 Staffmemr$ which I believe has allowed for a sm(x)th transiiion for the children who have com¢ with us. We have made many ch¥n8es aldY to the s¢tting and have many rn0 planned. We have been given pemiis5ion by the parish and funding from the council to build an oU00r office in the side garden. which will be buili during the firsl week back after OctoLr IA terni. This building will bc used a5 a much nttd¢d office for Clair¢. a privale m¢etin8 room for parents and stsff. il will also include an SEN area. We will be making more improvem¢Dts to the garden which will include a veg pawh. Mud kiithen and sand pit. tho along with the rubber fknrin8 which is alTt4dy in pla¢¢ will give the children i second ouidwr area lo play and explore. IA5t y¢aT we held SCVCTal Fundrnising activilics including I4$u hunts. Fwrties. pi¢k4-pre5ent. We hope to run mor¢ events thrDuglM)ul this year. We would as always apryeciate you supwning these events. We hope to rff ruil a Fundraisin8 t¢orn who Can orgoni5¢ thes¢ fun ¢vents for th¢ children and raise vital funds for the Pre-sch1. Th¢ ate other Wa you c8n the pre-sch1. for example match fundin& Amazon Smil¢ and Easyfundr8i$in8. All these dethils ¢an be found on the noliceiwrd outside Ihc classrcom and will be s¢nl out to you all. TYegurtr'i Report 2022 Thank you lo the sthff and committtt who have worked tirelessly ihroughout the p•M year and made sur¢ Ihe move ¢0 the new building happened as sm¢y)ihly a5 r)ssible. Response to ihe Covld-19 pnd¢mk The amount spent on PPE in the previous year was significantly hi8her. but in 2022 as th¢ impact of th¢ Pandemi¢ d¢crea5ed. the Snding on PPE decreased from £456.97 in 2021 to £107.97 in 2022. We expect the PPE expenses to slay at the same low level for the current xademic year. 2022 Financi41 Rtjults (uaUdited mTrag¢ment cco•uts} The Pre-school made a pmfit of £17.041.1 I for ihe year ended 31 August 2022. this wa5 up from the prior yer's loss of (£17.112.65) mainly due to having more ftt paying students. higher level of fijnding from the Government. bein8 able to hold the fimdraising a¢livilies and receiving a grant of £12,000 from Wokingham Borough Council and Maiden Erlegh Sch(KJl help with the move to the new location. The staff rtceived another annual wage increase from November 2021. as w¢ look lo give ih¢ i¢am equitsble pay thi exc¢cds th¢ national living wage. Last year we were focused tying w find i new premix and ensu the sustsinability of the which wa5 achieved. Getting the 5upFrt of Maiden Erlegh kIKl and Wokingham Borough Council was important to allow us to puT¢hw and oU00r otTic¢ with the d¢diut¢d spott for SEND children be installed in November 2022)- 2022-2D23 FiHD¢il Forewl Due to the move to the new settin& lower number of children #nd overall inflaiion our profil for 2023 will be considernbly less than in the wior year. To be able io operate At a profil the committtt and the staff are working hard to eosure that all available spaces are filled in. The new s¢Jvice ofearly drop off and late pick p was introduced as a way to make lhe pre-s¢hwl financially viable. The uptake for the Aulumn t¢rnl Wk5 lower Ihan anticipated. The sthff and commilte¢ ¢am¢ up with a plan for advertising and promolir)g the pre- sch1 to prOsplIve parents. Income from Wokingham Borough Council Teceived for the Autkmin Terni was higher than the amount of children who eurrenily attend th¢ pre-school. therefore ihis will taken out of the amount of funding the pre- school will w¢ttive fly the spring tcrni. cs Camscanner
Pag¢ 4 Future of fumllng Due lo th¢ lower number of childn il th¢ new seltin& Ihe inflation and rising cosl of livin& which means incre)sed C of running th¢ prc-school, as well as increas¢d costs for staff holiday pay. we need lo be careful to rn88e the 5U5tsinDbility of th¢ plhl. given that h¢r settings in th¢ Ial orea have been forced to ¢lose fwLancial re&wns in the wi four-five yeus. Ther¢foff w¢ must ensure th¢ prtr5chool 15 opernling ai full capxity and offerin8 th¢ seTvi¢e of carly droop eff and lite eollethion. Fundrislig higher thn It was for 2020ni The fimdraisin8 activiti that ha takett place this yrar included the Christm•s Fayre. EaSr creative compeiitions and Egg Huni Moih¢T'S Day ind Father's Day Shop. and wduation pl3otogaphs which in tothl have Tai4ed nearly £1,274. which is an improvement on the iotsl for 2021 of just ov¢r £ioiX). Due to the lower nUmlr ofchildren in the new setting we must ensure that the fundraising aelivities are xtively suPrted as the fundrnising income is vital for the fuwre 5u¢cessful operntion of the wtrschfy)l. Arw to monitor And investing io the future The kty areLS which we will continue to invest in are the wages and triining of stsff. a5 our dedicated am are the key rcsource of the pre-5ch(K)l. we nttd to make sure we are meeling their eXtlAtiOnS and giving them ability to provide a bcst-irt<la55 preschool ¥1510. We are also working on creating an ¢x¢ilinB Outdoor for ¢hildren. Children ha acce5S to a large palio garden at the momenL bui w¢ are cUentlY working on Crniing the sttond outdo)T trea which will h&ve sandpiL a mud kitchen with a mud pil a vegetable Earden where children will be able to grow vegetsble5. d flowers and a laT8e rubber matting aru for physical ¥tivity. De¢]rntlo The trustres decjaff that they ¥¢ approved the trnstees. repxt iknve. Signed on beh C ¢harity'S trUSttt5". [kIh Edwards. ChaiTpetson 12.6. .2023 cs Camscanner
Page 5 INDEPENDENf EXAIlllNER'S REPORT TO TIIE TRUSTEES OF TrIAIDEN ERLEGII PRE-SCIIOOL I report on the ac¢ounts of the Trus¢ for the year end 31 Au8usI 2022 which are set out im) pa8¢$ 7 10 8. Resptttivt rupon5ibilitles Ortnlet5 nd examiner The charity's trusttts are ttSTN)nsibl¢ for the preparation of the accounts. The elwity's trustees con5idcr that an audit is Tequired for this year under seciion 144(2) ofthe ChaTiti¢J Act 2011 (the 2011 Act) and that •m indwdenl examination is nttded. It is my reswisibility to: examine the accounts (under section 145 of the 2011 A¢l. follow Ihe procedurts laid down in ihe General Dire¢iion$ 8iv¢n by the Charity Commissioners (under seciion 145(5Xb) of the 2011 Acl). and slate whdher particular matters have come lo my atten11. BL4iq ofiDdtpend¢nt eEner'S statemettt My examinaiion was carried out in accordance with th¢ Genernl Directions given by the Chariry Comrni55ion. An examination includes a review of the accounting records kepi by the charity and a ompari50n of ihe accounts presented with those records. It also includes considffalion of any unusual items or disclo$urcs in ihe accounts, and seeking explanations from you •s trusttts concerning •ny such matters. The prLKedures wid¢rtaken do not provide all the evidence that would be r¢quir¢d in an audit. and consequently no opinion is 8iv¢n 45 io whether ihe COunts PTeseni a rue Ind f•ir vt¢w" and the rtport is lirnited to those mattets sct out in the stai¢m¢nt below. Independent exAmiller's Jtltmeq¢ In connection with my examination, no rnatter ha5 com¢ to my ottention: which give me reasonable cause to belÉeve that in any materiaI respect the requirements to kttp A¢untIng records in accordance with seclion 130 of ihe 2011 Act. ond lo Ppart accounts whi¢h aord with the x¢ounlin8 rerdS and io comply with the accounting requirements of the 2011 Act have not been met: LY 2. to which. in my opinion. attention should it drnwn in order to enable a prOT understanding of the a¢¢ounts to be reached. Unlt 8H Millars Brk Molly Millars Lane Wokingham Berkshire Pardetp Kakar KEAL & ASSOCIATES Chaffered Certified A¢couni4nls RG412AD I l -s.&<......... 202J cs Camscanner
Page 6 MAIDEN ERLEGH PRE-SCHOOL RECEIPTS AiYD PAYMENfs ACCO FOR THE YEAR ENDED 31 AUGUST 2022 Total 2022 To¢*1 2021 Unrestricted Restrided Recelpts Fees and grants Donations and sp)nsor5hip Fundraising activities Photographs Bank inlerest Other Income Moving Premises Grant 113.536.01 15.70 1.002.13 301.50 113.536.01 15.70 1.002.13 301.50 9.09 104.011.98 108.96 631.(K) 890.99 2.34 40.00 12.000.LKI I2.0.00 Total r¢¢¢ipts 126.864.43 126,864.43 105.685.27 Paymenty Staff costs Rent Insurance Materials and equipment Administralion Fundraising a¢iivities Phoiographs PPE 92.753.90 12.977.50 510.17 1.006.81 .288.97 30.tN) 50. 107.97 401.IXI 91. 92,753.90 12.977.50 516.17 1.006.81 1,288.97 30.00 50.00 107.97 401.00 91.00 103.013.54 13.619.17 508.93 2.033.38 1.862.67 215.50 404.49 456.97 109.20 28.00 546.07 Sthff training W¢bsite and publicity Administration Equipment Movirtg costs 600.00 Total paents 109.823.32 109.823.32 122.797.92 Net r¢ceiptsl{exp¢nditure) £17.041.11 £109,823.32 (£17,112.65) cs Camscanner
Page 7 MAIDEN ERLEGH PRE-SCHOOL BALANCE SIIEET AT 31 AUGUST 2022 2022 2021 Curr¢nl Auel¥ Puyroll ttccounl 13iink curT¢nl occijunl ljiiiik deposit accounl ItllY cnsh 2,697.37 68.492.52 23.558.98 251.98 8,294.89 41.961.98 23.549.89 774.78 95.LYA).85 74.581.54 CiirreMI Asyels Amouiils recovernbl¢ Currcnl IIAbiiiil l)r¢pnid Iii¢om¢ Cr¢ditors 32.585.88 28.773.68 432.00 £32.585.88 132.585.88) £29207.68 (29.207.68) Net nSs¢1S £62.414.97 £45.373.86 Reprcscnted by:" Unreslricied funds: A¢¢umuloi¢d funds iyoughl forword 45,195.23 61307.88 EXC{riC11) of receipts over payments (17,112.65) 62.236.34 45.195.23 RestTlCtcd fund5 A¢cumuliled funds Imighi forward (tkfi¢i¢) of r¢¢¢ipts over payments 178.63 178.63 178.63 178.63 Tothl funds £62.414.97 £45.373.86 The finaRtial 5ts1em¢nts [¢ Ipproved by the trustees on . their belf by: Morio Thurslo reasurer cs Camscanner
P%e 8 blAIDEN ERLEGII PRE-SCIIOOL NOTES TO TIIE ACCOUNTS FOR TIIE YEAR ENDEDJI AUGU2022 AccouprriNG POLICIES Bsls ollec0nI1og The %¢ounts ¥¢ prepared under the hi51ori¢al cost cMv¢nlion on • goin8 concem basis and in XC0rd with the Financial Repjrfing sana$ •s •pplicable lo ¢haTiii¢S. PuhaSe$ of toys and similar items are written off as ¢xpendilur¢ as they orr Considered to have a shon Morking life. The PTEmises are occupied under a short ttnancy agreement and any COAS for building provements are written off as expendiwre as they are incurred. In the year Wokingham Borough Council and Maiden Erlegh Trust extended a grant of £110) to move the prrmises ts) Our Lady of Peace church hall. TRusfEFS' REhlUNERATION No remuneration was p3id out ofcharity funds kn th¢ trustees (r wsons connecwl to them in this rujancial year. EMPLOYEE NUMBERS The avcrage number Or)n5 employed by the schwl during the year amounted to 6 (2021.7). TAXATION The ch4rity is ¢x¢mpl from Tax on its eharitable activitie$. cs Camscanner