2021-08-31-accounts - Little Flyers Pre-School

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 09 2020 To 31 08 2021

Section A Reference and administration details

Charity name Little Flyers Pre School

Other names charity is known by

Registered charity number (if any) 1025728

Charity's principal address Sway Village Hall

Middle Road Sway, Hampshire Postcode SO41 6BB

Names of the charity trustees who manage the charity

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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Janet Keith Chairperson To March 2021
2 Simon Croutear Chairperson From March 2021
3 Sarah Hutchins Secretary To end May 2021
Georgina Secretary From June 2021
4
Croutear
5 Samantha Bown Treasurer
6 Felicity Patch
7 Sharon Rickman
8 Sarah Minifie
Emma
9
Stelmaszyk
10
11
12
13
14
15
16
17
18
19
20
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Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Constitution Type of governing document

(eg. trust deed, constitution)
Trust
How the charity is constituted
(eg. trust, association, company)

Trustees are nominated and approved by the Committee Trustee selection methods (Trustees)

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

TAR

March 2012

To provide education and social development for children from 2 years to school age

Summary of the objects of the charity set out in its governing document

We provide pre-school education to children aged 2 up to school age, from Sway and the surrounding area, in line with the Early Years Foundation stage.
We ensure good links with the local School to ensure a smooth transition for the children when they move up to Primary school.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

We encourage and facilitate social relationships to form between the children, and between children and staff.

Additional details of objectives and activities (Optional information)

TAR

March 2012

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

TAR

March 2012

Section D Achievements and performance

Summary of the main achievements of the charity during the year

After the huge uncertainty for the preschool in the previous financial year, as the coronavirus spread and the preschool was closed for part of the year completely, the financial year of 2020-2021 has unfortunately proved equally uncertain and challenging - arguably the most challenging of the pre-school’s history. The charity made an unprecedented loss of £8k during the year which was primarily due to a significant reduction in the number of children attending the pre-school post-lockdown, and increased wage bill associated with paying isolating staff and the continuing increasing divergence between income and costs.

During this financial year we have achieved:

7 children have successfully moved up to primary school and settled in well.
New children were welcomed into the preschool although numbers of children after the first lockdown continued to remain down on pre-COVID numbers.
Fundraising was challenging but working around COVID restrictions we managed to hold several fundraising events during the summer term including a stall at the village fete, the pre-school sports day and a sponsored golden mile.
We are grateful for the donations received during the year which have helped towards the purchase of a new mud kitchen and revamping of the outside area. We would like to thank again both Sway Village Hall and Sway Carnival Committee for their kind donations and support.

We have made it through what has been the most financially challenging year of the pre-school and we only remain open now as a result of the support from parents and community and in particular the incredible loyalty and commitment of our wonderful staff.

Section E Financial review

TAR

March 2012

Brief statement of the charity’s policy on reserves

Little Flyers has potential financial commitments for which we need to put aside some of our income as a reserve against future uncertainties. The Current account holds a reserve of ~£3k to cover fluctuations in receipts or payments and as a risk contingency.

The Deposit account holds a reserve of ~£10k as a contingency fund to pay staffing costs in the event of a closure.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Mr Simon Croutear Full name(s) Dr Samantha Bown Position (eg Secretary, Treasurer Current chairperson Chair, etc) Date 27/06/2022

TAR

March 2012

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CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl membors of Little Flyers Pre - Sway On accounts for the year ended 31108121 Charlty no (if any) 01025728 Set out on pag• prr ts"'.Ju(le tre ar d t,-: I report to the trustees on my examination of the accounts of the above charity for the year ended 31 August 2021. R88ponsibllities and As the charity trustees, you a responsible for the preparation of thè basis of rèport accounts in accordance wrth the Charrties Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts Carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Ad. Independent I have completed my examination. l nfi that no material matters have examiner's statsment come to my attention in connection wrth the examination which gives me cause to believe that in, any material respect,: the accourth'ng records were not kept in accordance wrth section 130 of the Ac*,. or the accounts did not accord with the accounting CordS., or the accounts did not comply with the applicable requirements concerning the fonn and content of accounts set OLrt in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the a¢counts give a true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and hav& como across no othor mattern in conntsction th the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Date: 26106122 Name: Mr WT G Bird {FCA) Relevant professlonal qualiflcation{s) or body (if any): Address." Institute of Chartered Accountants in England and Wales Sway Lymington Hampshire IER October 2018

Section B Disclosure Only complete if the examiner needs to highlight matters of conrn (see CC32, Independent examination of chartty accounts." directions and guidance for examiners). Give here details of any items that the examiner wlshes to disclosa. IER October 2018