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2024-08-31-accounts

MOSTERTON PRESCHOOL Registered Charity Number: 1027102

Trustees’ Annual Report

For the year ended 31 August 2024

1. Reference and Administrative Details

2. Structure, Governance and Management

Mosterton Preschool is a registered charity governed by its constitution. The charity is managed by a committee of trustees who are elected. Day-to-day operations are overseen by the Preschool Manager.

Trustees are recruited from parents, carers, and members of the local community, with an emphasis on relevant skills and a commitment to early years education. New trustees receive an induction pack and ongoing support.

3. Objectives and Activities

The charity’s objective is to advance the education and development of children under statutory school age by providing safe and stimulating preschool activities.

In pursuit of this goal, the preschool:

4. Achievements and Performance

During the reporting year:

Challenges included funding pressures and staffing, but we continued to meet our core objectives.

5. Financial Review

Income: The charity’s income for the year was £151,517. This came from local authority funding, parent fees, fundraising and donations.

Expenditure: Total spending was £161,773, primarily on staff salaries, insurance, resources, and utilities.

The charity ended the year with a deficit of £10,256 and reserves of around £9,000.

Reserves Policy: The trustees aim to hold reserves sufficient to cover at least two months' core operating costs, approximately £6,000.

6. Plans for the Future

In the coming year, we plan to:

7. Statement of Trustees’ Responsibilities

The trustees are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and guidance issued by the Charity Commission.

Approved by the Trustees on 8 June 2025 and signed on their behalf by: Zoe Rutland - Administrator