SOUTHFIELDS COMMUNITY PRESCHOOL
Charity Commission Registered No: 1027872
ANNUAL REPORT AND ACCOUNTS
For the year ended 31" Au8USt 2022

Southfields Community Preschool
Trustee Annual Report
For the year ended 31" August 2022
The trustees present their report and independently examined financlal statementsfor the year ended
31" August 2022.
Reference and Administratlve Detall5:
Registered Name:
Southfields Community Preschool
Charity No:
1027872
Operatlonal Address:
Southfield5 Community Centre
Southfields Avenue
Stanground
Peterborough
PE2 8RY
Trustees at date of Report:
Chair
Treasurer
Secretary
Others
Lauren Broughton
Heidi Askew
Me8an Mcintyre
Claire Ovenall
Sarah Robinson
Karina Stephenson
Shiane Welsh
Other Trustees who served In the year:
Left 15106122
Left 17110122
Joanna Batty
Dawn Frost
Banker5:
HSBC Bank Pl¢
Independent Examiner:
Mark Bedford
MJB Financlal Service5
11 Belton Road
Stanground
Peterborou8h
PE2 8UU
Strurture Governance and Management
Thls Is a membership organisation govemed by the model Pre-school Learnin8 Alliance Constltution.
The constitution was adopted on 2nd April 1992 and subsequently amended on 20 October 2008.
Members can be parents or guardians of all children who attend playgroup or other interested
individuals approved by the Committee. Committee members are appointed / confirmed at the Annual
General Meetin8. All Committee members give their time on a voluntary basis and receive no
remuneration orother beneffts.

Southfields Communlty Preschool
Trustee Annual Report
For the year ended 31" August 2022
Objects and Actlvftles
The aims are. as set out in the constitution, to enhan￿ the development and educatlon of children
under statutory school age by encouragJn8 parents to understand and provide for the needs of their
chlldren through community groups and by:
{al
Ibl
offerlng appropriate play, education and care facilitles;
encoura8in8 the study of the needs of the children and their famllles and promoting public
interest in and recognition of such needs in the local areas-
Instl8atin8 and adhering to and furtherin8 the aims and objÈrts of the Pre-school Learning
Alllance.
Publ1¢ benefft
The commlttee and staff have regard to Charity Commission 8uldance on public benefit when settlng
objectives and plannin8 actlvlties. All chlldren are eli8ible for Nursery Educatlon Fundln& which Is
provided by the Local Authority. the terni after they become 3 years old. Fees are charged for chlldren
who attend between the ages of 2 and 3 but these are kept as low as posslble so that chlldcare Is
affordable to all famllles using our service.
Achlevements and Performance
Occupancy was a concern at the start of the Autumn Tenn as many chlldren had left to go to school.
Our numbers Improved following advertising In the local shops.
In June we celebrated the Queen's Platlnum Jubllee, wlth a garden party. All the chlldren dressed up in
thelr Sunday best. We had brass band muslc playlng In the background. It was a lovely day.
We regularly visit the local libraryfor Storytlme wlth added rhyme time. This gets us seen in the
communlty and encourages parents to let thelr child loln the library to support local amenltles.
Durlngthe summer temi our plans included 5th001 readlnessto allow the children a good transltlon to
the next sta8e of their lives in prlmary school.
Reserves pollcy
Reserves act as a cushlon for any loss of income and unforeseen situations. Throu8hout the year the
balances remained over the reserves level of £27,318. Reserves have been calculated using the
amounts needed to settle redundancy payments, stsff notice periods and one month's 8eneral
overheads.
Flnancial Revlew
As a small charbty the statutory reports are prepared on a Receipts and Payments basis. These show a
surplus of £3,659 over the financial year ended 31StAugust 2022. although the preschool is watting for a
rent invoice from March 2022 onwards which is for £3,570.

Southfields Community Prexhool
Trustee Annual Report
For the year ended 31° Au8USt 2022
Staffing is the most significant cost to the preschool, increasin8 by £5,676 compared to the prevlou5
year lup from 76% to 79% of total expenditure). The National Living Wage increased by 6.6% In April
2022, whilst NEF funding inueased by just 3.6% which is adding pressure to the preschool finances.
Overall costs have increased by £4,065, although this figure excludes the outstandln8 rent payment of
£3,570 mentioned above.
Fees income for the year increased from £1,702 In 2020 2021 accounts year to £14,667 in 2021 2022
accounts year. Many children left in July 2021 and the preschool spent the year rebuilding numbers,
however when new children joined, some were not entitled to fundin& In addition. charges have been
reviewed to offset some of the rise5 in food and consumable prices.
The final closln8 cash balance for the year was £49,473. which will enable staff wa8es and other costs to
be met whllst the preschool concentrates on attractlng new chlldren.
Th15 Report has been approved by the Trustees and has been sl8ned on thelr behalf by:
Slgnature:
Full Name..
Date:
..9...5....2.01.2.............

SOLwfHFIELDS COMMUNrrY PRESCHOOL
Registered Charity No: 1027872
RECEIFfs AND PAYMENfs FOR THE FINANCIAL YEAR ENDING 315r AUGUST 2022
UNREsTricfED
FUNDS THIS YEAR
TOTAL FUNDS
LAsf YEAR
RE
EIPTS
NEF Fundln8
Other Fundlng
Fees
61,567
2.256
14,667
61,547
642
1,702
Grants
Bank Interest
2,003
Other Income
310
28
Fund Ralslng and Donatlons
267
36
TOTAL RECEivrs
79,569
65,958
PA
MEMrs
Wages Inc Inland Revenue payments
Tralning Total
Other Staff Costs
160,054)
{266)
159)
(54,3781
11601
12231
Resources for Chlldren
Resources for Settin8
Resources for Outside
1972
15301
12021
11,1761
11,100)
(541)
Food and Drlnk
Consumables
Premlses
Fees and Subscrlptions
Admlnlstration
Bank Charges
Other Costs
Loss
Fundraising
{495)
{471)
(4.846)
(5,833)
(2,0241
{511
(67)
(290)
13311
15,5751
16,3861
11,5561
(129)
(40)
TOTAL PAYMENTS
75,910)
171,845)
Net of Receipts/lPayments)
3,659
15,887)
Balance b/fvid
45,814
51,701
Balance clfwd
49.473
45,814
Page I

soLrrHFIELDS COMMUNITY PRESCHOOL
Reglstered Charlty No: 1027872
STATEMENT OF ASSEfs AND UABILMES AS AT 31sr AUGUSf 2022
UNREsfRICTED
FUNDS THIS
YEAR
TOTAL FUNDS
LAsf YEAR
CASH FUNDS
HSBC (Currentl
HSBC {Savings}
Fees Float
Petty Cash
44,473
40,836
4,907
91
71
Total Cash Funds
49,473
45,814
OTHER ASSErs
My Baby Days Membership
Note 2
LIA
Autumn Term Nursery Educatlon Fundln8 INEF)
Independent Examlnatlon
PAYE
Hlre of Premlses
10,191
120
412
3,570
6,657
120
371
350
14.293
7,498
l approve the Receipts and Payments Accounts set out on page l and above and confirm
that all relevant records and informatlon has been made available for their preparation.
Sl8ned on behalf of the Trustee5:
Si8nature
Name
NOTES
l. One trustee has not been charged Pre-scht)ol Fees for their child1£2 per week}.
2. Annual membership has been paid twice. £180 due to be refunded.
Pag2 2

Th15 Independent examlners report relates to the accoimts of
SOUTHFIELDS COMMUNITY PRESCHOOL
Charlty Cornmission Reglstered No: 1027872
Accounts are prepared for the year ended 31 August 2022
ctlve res
nslbll
The charlty's trustees are responslble forthe preparatlon of the accounts. The charlty's trustees conslder that an audlt
Is not required for thls year under sectlon 144121 of the Charities Art 2011 (the 2011 Act) and that an Independent
examlnatlon Is needed.
It Is my responslblllty to".
examlne the accounts under 5ectlon 145 of the 2011 Act;
to follow the procedures lald down In the 8eneral Dlrectlons 8lven by the Charlty Commlsslon under sectSon
14515llbl of the 2011 Art;
to state whether partlcular matters have come to my attentlon.
ment
An examlnatlon Includes a re4iew of the ac¢ountlng records kept by the charlty and a comparlson of the accounts
presented wlth those records. It also Includes conslderatlon of any unusual Items or d15closures In the accounts, and
seekln8 explanatlons from you as trustees concemlng any such matters. The procedures undertaken do not provlde
all the evldence that would be requlred In an audlt and consequently no oplnlon15 glven as to whether the accounts
present a 'true and falr vlew, and the report Is Ilmlted to those matters Set out In the ststement below.
In
In connectlon wlth my examlnatlon, no matter has come to my attentlon:
11) whlch glves me reasonable ￿uSe to belle¥e that In any materlal resixrt the requirements:
to keep accountln8 records In accordance wlth sectlon 130 of the 2011 Act;
to prepare accounts whlch accord wlth the accountlng records and comply wlth the accountlng
requlrements of the 2011 Act have not been met;
121 to whlch, In my opinlon, attentlon shoukl be drawn In order to enable a proper understandlng of the
accouffl5 to be reached.
Slgned
Date
Mark Bedford
MJ8 Financial Servlces
11 Belton Road
Stsnground
Peterborough
PE2 8UU