2021-03-31-accounts

EY412544 Registered Charity No:1027881 Killisick Pre-school @Coppice Farm Primary School, Laver Close, Arnold, Nottingham NG5 7LS e-mail: [e-mail] Tel: [phone] Trustees Annual Report for the year ending 31st March 2021 Name Killisick Preschool Address Laver Close, Arnold, Nottingham. NG5 7LS Charity Number 1027881 Aims & Ob"ectives: To enhance the development and education of children aged 2 to 5 years by offering a variety of learning and educational experiences across all areas of the Early Years Foundation Stage curriculum to all children regardless of their race, religion, means and culture. We encourage parents/carers to take an attive role in their child's early years education. We give the parents/carers the opportunity and support to contribute to their learning records by sharing learning and home experiences. Parents/carers are also given the opportunity to take part in the child's development, through an open-door policy {covid permitting) and joining parent groups or the preschool committee. The charity operates under the Pre-school Learning Alliance Constitution 2011 which was originally adopted in April 1996 and most recently amended on 30105/2013. The charitws trustees are responsible for maintaining and preparing the financial accounts. The charity's Independent examiner is TCP Accountants a copy of the examined accounts is attached. New trustees are appointed at the Annual General Meeting. Up to 3 members can be co- opted by the committee in between AGMS.

The Trustees confirm that they have complied with due regard to the Charity Commissions general guidance on "Charities and Public benefit". The Charities Act 2011. The main objectives of the charity are to provide a stimulating and exciting learning environment for children aged 2-5 in which they can develop and extend their learning across all areas of the Early Years Foundation Stage curriculum. To do this the charity strives to engage with parents and carers and to offer high quality opportunities to all members and their families regardless of race, culture, religion, mean5 or ability. Whilst doing this the charity adheres to the aims and objectives of the Pre-school Learning Alliance from whom it receives regular training and support. We follow the guidelines of the Education Department, Nottinghamshire County Council Early Years Team and Ofsted as set out in the Foundation Stage Curriculum Statutory Guidance and Early Years Outcomes Documents. We offer flexible patterns of attendance to meet the needs of those who attend and welcome all families. We also have great links with all the local primary schools which helps the children with their transition into reception classes. We have a comprehensive set of policies and procedures covering all areas including Safeguarding, Equal Opportunities. Health and Safety and Prevent Duty. The Preschool has achieved a "GOOD" Ofsted rating in 2005, 2008, 2011,2016 and retained this rating in January 2020. Killisick Pre-school provides term time sessional day care from 8.50am until 3.35pm Monday to Friday. We offer Government funded hours to eligible 2,3- and 4-year-olds and children who access EIF (Early Years Inclusion Fund). Flexible payment arrangements are offered to Parents and Carers paying for sessions. Our fee rates are set by the committee to cover the ongoing running costs of the setting. These are reviewed annually. Fundin Our main source of income is received through Government funding from Nottinghamshire County Council. This includes: 15130 hours funding for 3 and 4year olds (Universal entitlement) 15 hours for eligible 2year olds which is means tested. Pupil Premium, DAF, and Inclusion funding. Alongside this, parent fees and fundraising events make up the remaining income. Risks The main financial risk for the pre-school is low numbers in September which impacts on finances. The Business administrator and Manager keep a close eye on this and try to fill the

spaces through advertising. (Which also comes at a cost). An additional risk 15 the rise in the National Minimum Wage resulting in higher outgoing for staff wages alongside low funding rates (which has not increased for many years.) As a setting we are following guidance, parent visits for new children take place after school hours, there are no taster se55ions allowed and enquiry visits are taking place outside only. We think parents are concerned about the pandemic and its effects which is evident in the waiting list and, also showing through fewer enquiries being made. 2020 2021 In March 2020, due to England being in a national lockdown from Covid 19 we were only allowed to be open for Keyworker children. This was a significant drop in children's numbers in the initial instance. Staff costs stayed the same through this period. The number of children remained very low for the rest of the school year, with parents unsure about how Covid 19 would affect them and their families. We did not charge for fee paying children who were kept at home due to the pandemic. This was a decision made by the committee to help support families who could have been/were struggling with finances at this difficult time. Fundraising also had to be stopped as all people mixing was against the law. These events bring in extra funds for the preschool to help with children's activities. The preschool increased their consumables too at this time and going forward indefinitely for PPE and cleaning materials to keep all staff and children safe. The preschool also purchased all staff members face mask both material and disposable. The preschool employs 8 staff members. We continue to offer a high staff to pupil ratio within the setting. This year all staff have been supported with their ongoing training and PDPS through training courses both online and in person (Covid permitting). The preschool is supported, and v31ues help from outside agencies including Early Years Alliance, Early Years Specialist Teachers from NCC, Family sUPPOrt workers, speech and language therapists and health visitors. Reserves The preschool committee has adopted a resenies poliry, which is reviewed annually. Our reserves are built up from the unrestricted income. The level of reserves is monitored every year by the committee. If there is a need to increase the reserve account this will be discussed and rectified by the committee. The purpose of the reser¥e5 15 To cover redundancy payments to staff. To ensure there is sufficient funds available for the upkeep and maintenance of the building. To cover unforeseen additional expenses. To ensure the continuation of the provision for the children attending preschool including working costs.

REGIStERED CHARttY NUMBER.. 1027881 REPORTOFTHETRU5fEES AN UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 FOR KILL1￿CK PRE.SCHOOL TCP IGBI Group Ltd IOThe Triangle n82 Business Park Nottingham Nottirghamshire NG2 IAE

KILUSICK PRE-SCHOOL REPORT OF THE TRusfEE5 FOR ThEYEAR ENDED 31 MARCH 2021 The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provision5 of Accounting and Reporting by Charities.. Statement of Recommended Prattice applicable to charities preparinE their accounts in accordance with Financial Reportingstandard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151. STRUCTURE, GOVERNA14CEAND MANAGEMEP Go¥ernlnK dotument The charity is controlled by ￿ goveming document. a deed of tru< and constitutes an unincorporated ch3rty. REFERENCE AND ADMINISTrATIV£ DETAIiS Registered Charity number ID27881 Principal address Laver aose Arnold Nottingha Nottinghamshire NGS 7LS Trustees Mrs Y Marshall Mrs S Hayes Ms S Cockayne Mr51 Fowler Mrs K Cox Independent examiner TCP Chartered Accountants 10 The Triangle NG2 Business Park Nottingham NottinEhamshire NG2 IAE Approved by Drder of the board of trustee5 on 15January 2022 and signed on its behalf by.. Mr5 Y ma￿h311 - Trustee PagÈ I

INDEPENDENTEXAMINER'S REPORTTO THE TRUSfEE5 OF KIWSI(X PRE-SCH(K)L IndÈpendent Éxaminetr's report tothÈ t￿￿5 Df ￿11151& ￿￿School I report to the charity trustees on my examination of the accounts of the Killisick Prtrschool (the Trust) for the year endÈd 31 Marth 2021 which are set out on pages 3 to 7. Respon5ibilibes arKI basis o*rey)rt As the charity trustees you are responsible forthe preparation of the aco)unts in actordaD¢e wtth the requirernents of the Charitie5 Act 20111'theAct'l. report in respect of rny examination of the Trust's accounts carTied out under section 14S of the Art and in carrying out mv examination I have followed all applicable Diretttons given by the Charity Commiwon under settiDn 14515llbl of the Art. Independetrt eraminer'5 stateme I have completed my examination. I confirni that rn matejial matters have come to my attention in connettion with the examination BNing me cause to bdieve that in any material re5FeCt= ac¢ouptin8 ￿ordS were not kept in respertof the Twst as Tequired bysection 130 of the Act.. or the accounts do not accord with those records.. or the accounts do not comply with the appli£aEAe requirements concerning the form and content of accounts set out in the CharitEs (Accounts and Report51 Regulations 2(W)8 other than any requirement that the acmunts gwe a true and fair view which is not a matterwD5idered a5 partof an independent exarnination. I have no concern5 and have come across no other matters in connection with the examination to which attentKJn should be drawn in this report in order to enable a proper understanding of the acctsuntsto be reached. TCP IGBI Group Ltd 10 The Triangle NG2 Business Park Nottingham Nottinghamshire NG2 IAE 15 January 2022 Page 2

KILUSICK PRE.SCHOOL stATEmEP￿ OF FINANCIALAcrivmES FOR THE YEAR ENDED31 MARCH 2021 3V312021 3V312020 Total funds Unrestricted fvnd Noies INCOME AND ENDOWMENTS FROM Donations and legacies 149,873 137.983 Other trdding activities JRS Grant 6.766 Othertrading activities Investment income 320 79 20 Totsl 156.659 138,382 EXPENDrruRE ON R8ising funds Other 135,118 148,606 Total 135,118 148,606 t4rr INCOME/IÉXPÉNDrruRE) 21.541 110,2241 RECONCILIATION OF FUNDS Total fvnds brou8ht forward 92,658 102,882 TOTAL FUNDS CARRIED FORWARO 114,199 92,658 The nottsfom part of these financial statements Page 3

KIWSICK PRE-SCHOOL STATEMENTOF FINANCIAL POSrnON A731 MARCH 2021 311312021 Unrestricted fund 3ty312020 Total funds Note5 CURRENT ASSErs sh at bank and tn hand Prepayments 116.446 91,379 1,279 116.526 92.658 CURRENT UABILrri£s Other tax and social 5ecuitty Other creditors 1,868 459 2,327 CuRREF￿A$sEf5 114,199 92,658 TOTALASSETS LESS CURRENY UAWLMES 114,199 92.658 NET ASSETS 114,199 92,658 FUNDS Unrestritted funds 114,199 92.658 TOTAL FUNDS 114,199 92,658 The financi41 statements were approved bythe Board of Trustee5 on 15January 2022 and were stgned on its behalf by. Mr5 Y M3rshall-Tru5tee The Th)tesf¢)mi p3rt olthese finantial ststements

KIWSICK PRE-SOIOOL NOTESTOTHE FINANCIALSTATEMENrs FOR THE YEAR ENDED 31 MARCH 2021 AcCoU￿1N6 POUCIES Basis of preparinEthe ffinancialst3ternents The financial statements of the charity. whith is a wblic benefft entity under FRS 102. have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charitses.- Statement of Recommended Prattice applicable to tharities prÉparin8 their 袢ounts in hccordance wtth the Financial Repotbng Standard applKable in the UK 3nd Republic of Ireland IFRS 1021 issued in October 2019,. Finanual Reporting Standard 102 The Financi31 Reporting 5t3ndard applicable In the UK and Republic of IrÈlaAd' and the tharitiÈs Att 2011. ThÈ finantial statÈments havÈ bÈÈn preparÈd under the historical cost convention. Income All income 15 recognised in the Staternent of Financial Activities once the charity has entitlement to the tunds. it is Pro￿ble that the income will be r￿]ved and the amount catt be measured tejiabfyf. Expenditure abiltties are recognisd as expendtture as soon a5 there is a legal orconstructwe obligation cornmttting the charityto that expenditure, it is probable that a transfer of economic ￿n￿rrtS will be required in settlement and the amount of the obligation can be rneasured reliably. Expenditure is accounted for on an accruals ba￿$ and has been classified under headings that 388re8atÈ all c05t relat￿1 to the category. Where costs (annot be directty 3ttributed to particular headings they have been allocated to activities on a basis consistentwith the useof resource The charity is exempt from tax on its ¢haritableacliwtEs. nd accounting Unrestricted fundscan be used in accordance with thetharitable objectwes at tho discrÈtion of the trustee Restricted fund5 can only be used for part￿ular restricted purKx)ses wth"n the objects of the charity. Restrittions ar￿e when specified by the donororwhen fvnds are r3I5ed for particular restricted purposes. Further explanation of the nature and purptsseof eath ftjnd 15 induthd in the note5 to the financial statements. Pension costs and other post-retiremeFrt benefits The charity operates a defined Contrib￿lon pension xheme. ContribLrtiQll5 payable to the tharrtV'5 pension 5cherne are Ihatged to the Statement of FÈnanual Actmtses in the pe￿d to whtch they relate. OTHER TRADING AcllviTtES 3V312021 3V312020 Fundraisingevents 320 INVEsfMEMfiNCOME 3V312021 311312020 Deposit account interest 20 79 TRUSTEES. REMUNEPATION AND BENEFITS There were no trustees, remuneration or other beneffts for the year ended 31 March 2021 oor for the yeaT ended ai March 2020. Trustees. expenses There were no irustees. expenses paid forthe year endÈd 31 March 2021 norfrjrthe year ended 31 March 2020. Page S

KJLUSICK PRE-SCHOOL NOTES TO THE RNANClAL￿ATEMENfs-C0NTINUEo FOR INEYEAR ENDED 31 MARCH 2021 STAFF cosrs The average monthty nUm￿r ofemployees dvringthe yearwas as follows: 311312021 3113n020 io Administrat￿￿ Staff No employees received emoluments in excess of£60.LW. MOVEMENT IN FUNDS Net rnovement in fvnds At V412020 At 3V312021 Unrestricted funds General fund 92,658 21,541 114,199 TOTAL FUNDS 92.658 21,541 114.199 Ner movement in funds. induded in ￿ abts¥e3￿ a5follows.' Incoming resources RÈsourtÈs expended MovÈment in fvnds UwKestricteil funds General fund 156,659 1135.1181 21.541 TOTAL FUNDS 156.659 1135,1181 21,541 Cornpardlive5foT mDvement in f￿d5 Net movernent in fvnd5 At 11412019 At 311312020 Unrestricted Fund5 General fund 102W2 110.2241 92,658 TOTAL FUNDS 102.882 110,2241 92.658 CompaTrtive net movement in funds. induded in the atx)ve are as followr. Incoming resour￿$ Re50urce5 expended Movernent in funds Unrestrirted lunds Gene￿1 fund 138,382 1148,6061 110.2241 TOTAL FUNDS 138.382 1148,6061 110.2241 RELATED PARTY DISCLOSURES There were no related party transactKJns forthe year ￿ded 31 March 2021. Page 6

WSKK PRE.5CHOOL D￿AlLED STATEmEp￿ OF FINANaALACTivmES FOR THE YEAR ENDED 31 MARCH 2021 3V312021 3y3n020 INCOME AND ENtM)VIMEP¥ts Donations and legacies Adrni55ion fee5 Other operating income JRS Grant Other operating income 149.873 137,983 6.766 320 Investment income Depositaccourkt interest 20 79 Totsl incoming resources 156.659 139.382 EXPENDfruRE Raising donations and legaues Fundraising costs Support costs Management Wages Pensions Rate5 and water Insuran Light and heat Telephone [phone] 958 810 837 122,336 132,043 Other Postage and stationery Outings Staff training Equiptnent purtha5e5 Uniforrn5 815 7S7 529 202 2,783 31 40S 3,831 2,231 Governance Costs Professional Fees A¢countancyfees Gffts Cornputer Software Subscriptions Health and Safety Website Repair5 and renewa15 Gardening Cleaning expenses Christmas party Food and érink5 Toys and other educational materials 351 47 642 79 35 119 158 739 65 1,2QJ 390 93 1.097 2.415 307 758 567 495 8.268 272 3,258 8.951 14.332 Total resources expended 135,118 148,606 Net intomellexpenditurel 21,54L 110.2241 This page does rKrt fom) partofthe ststutory financkil ststements Page 7