OpenCharities

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2021-04-05-accounts

Description
ofthe charity's trusts
Description
ofthe charity's trusts
Description
ofthe charity's trusts
Type ofgoverning
document
Preschool Learning Alliance Constitution adopted November 2015
How the charity is constituted
Trustee selection methods Appointed or reappointed annually at the AGM
Additional
governance
issues
{Optional information)
You may choose to include
additional
information,
where
relevant,
about:
There is a safeguarding
children
policy
in place.
out through
Ofsted for all Committee
members.
member ofthe Preschool
Learning
Alliance.
All
voluntarily
and receive no remuneration
or other
DBSchecks are carried
Wantage
Preschool
is a
trustees give their time
benefits.
~ policies and procedures
adopted
for the induction
and
training
oftrustees;
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.

Briefsta~ent
chariQ's policy
of~
on reserves
General Reserve: The purpose ofthe organisation
isto provide preschooi
learning to children. The fUnding comes fofn the local authority
in the
form ofagrant and from fees from attendees. Changes
in government
policy can significantly
influence the levels offees and grants that the
General Reserve: The purpose ofthe organisation
isto provide preschooi
learning to children. The fUnding comes fofn the local authority
in the
form ofagrant and from fees from attendees. Changes
in government
policy can significantly
influence the levels offees and grants that the
preschool receives
The primary expense incurred
by the organisation
staff salaries.
is
The level offees income can vary depending
on the number ofattendees
in any term but a reduction
in attendees does not necessariiy
result in
an
equivalent
reduction
in staff orother costs.
As a result, the trustees feel it is prudent to maintain ageneral reserve
secure the continued
operation ofthe organisation
should there be a
material
reduction
in fees orother unforeseen ex~iture
in future
to
periods. The preschool holds 3months
full running costs in general
Details ofany funds materially
in de6CIk
Further Snancial review& details (optional in~~n)

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