Oldfield Park Pre-school
Reg Charity No. 1028044
Report and Accounts
Year Ended 31 August 2020

Report of the Trustees of Oldfield Park Pre-school
For the year that ended 31stAugust 2020
The Trustees present their report along with the consolidated financial statements of the charity for
the year that ended 3151 August 2020. The financial statements have been prepared based on the
accounting policies set out the financial statements and comply with the charity's trust deed. Oldfield
Park Pre-school is a charity registered with the Charity Commission under registration number
1028044.
MISSION STATEMENT
Our mission is to provide a purposeful and caring learning environment, which can be accessed by the
whole cotnmunity.
WHO WE ARE
We are a pre-school providing care and education for 2-5 year-olds in the Oldfield Park area of Bath.
We have been providing this care and education for over 35 years. first as a playgroup and then as a
pre-school. In September 2019 we moved to a classroom in Oldfield Park Infants school. prior to this
we were based in the Baptist Church on Moorland Road.
Today, Oldfield Park Pre-school is a registered charity. which is run by a committee ofvolunteers. It is
registered both with Ofsted and the local authority (BANES) who provide the majority of our funding
via the'Early Years Entitlement.. We have a wonderful staff team who plan and provide a huge range
of activitie5 for the children to enjoy. These typically include 'Outdoor Adventures,, cooking, paintin&
play dough, singing and playing with our indoor and outdoor toys. In addition, they plan a variety of
special events such as sports day, nativity. outings and workshops. In our latest
ted In
2QL8J our Pre-school was judged to be'good,.
cti
REVIEW OF ACTIVITIES AND ACHIEVEMENTS
Pupil Numbers and Fees
At the end oFthe academic year 2019-2020. we had 28 pupils registered. This was 2 little lower than
previous years (2018-19- 32 pupils, 2017-2018: 39 pupRlsJ, though we believe this wa5 partly because
of fewer registrations during closure for Covid-19 and partly due to fewer children signing up for
more hours.
Our fees this year were £15.619.98
This include5 a voluntary contributions for consumables and extra activities. including forest school.
Covid-19 Response
During this academic year, we were closed to all pupils from March 20th 2020 to May 31st 2020, with
rive stafffurloughed on full pay. The Pre-school Manager and Administrator continued working from
home to manage payroll, communicate with parents, manage admissions and co-ordinate our Covid-
19 response.
On the 1st Iune 2020. staff returned in bubbles to prepare the setting ready for the return of sotne
children. From lune 6th 2020 to July 19th 2020. we were able to re-open to two bubbles, each
containing eight children who were mostly school-5tarters in September 2020, as well as keyworker
children. Each bubble had two members of staff attached to IL one bubble attended Monday and
Tuesday and the other Thursday and Friday. with the setting closed on Wednesday for enhanced
cleaning.
Being closed for thi5 period of time had a financial impact on the Pre-school, but due to the local
authority continuing to pay the'Early Years Entitlement,. as well as using the government furlough

Pension liability
For our staffwe offer a defined contribution scheme which is operated by True Potential.
TRUSTEES AND ORGANISATIONAL STRUCTURE
Trustees (known as our Committee)
Our Committee is responsible for the overall business aspects olthe Pre-school, including finance,
staffing, 2nd health and safety. This Committee must include a Chair, Treasurer and Secretary as a
minimum, but also has roles for general members. The Committee is usually made up of parents of
children at the Pre-school and is elected annually at the Pre-school AGM in October.
The Committee from October 2019-October 2020 is:
F Lupton [ChairJ
B Cramm (Treasurer)
T Cook (Secretary)
E Ascott
S Stewart
Staff
The day-to-day management of the Pre-school is overseen by the Pre-school Manager, C Cummins.
There is a Deputy Manager and an Administratorwho support this work in Pre-school, as well as four
other Early Years Practitioners.
PROFESSIONAL ADVISERS
Bankers: NL atwest. Bath Oldfield Park. 6 Moorland Road. Bath. Avon . BA2 3PA
Accountant: Art Accountants, Ground Floor. 11 Manvers Street, Bath BAI IJQ

scheme to pay staff not tunded by the'Early Years Entitlement., we were able to absorb the costs from
our savings.
Long-Term Covid-19 Impact
Registration for Septetnber 2020 was 27, but we anticipate an increase of pupil numbers over the
course ofthe year, particularly with parents becoming more reliant on paid-for childcare rather than
family supporL
We hope that the impact on children starting Reception in 2020 will have been minimised by
reopening Pre-school for them at the end ofthe summer terni, and staff reported that the small
bubbles gave them lots oftime to focus on children's individual needs during that period.
For children returning or starting in September 2020, we anticipate that children will need increased
social 2nd emotional support than in previous years. due to their reduced contactwith adults and
children outside their families in the preceding months. If numbers increase, we anticipate being able
to employ more staff to help support these needs.
OUR FINANCES
The fin2ncial statements show net incoming resources for the year on Pre-school activities of£2.945.
The principal Source of income is fees, which were funded via the'Early Years Entitlement,, and
privately funded hour5. Parents were also asked to pay a voluntary contribution for consumables.
During the period of closure, we claimed £3158.28 for staff furlough.
We also cary out fundraising activities, although during the year 2019-2020 these were more limited
than usual due to Covid-19 restrictions. This year, the pre-school fundraising was limited to a
donation from the local Co-op charity.
Our Move
Due to our move to Oldfield Park Infant School from the Baptist Church on Moorland Road, we have
reduced the premises cost over the academic year. This saving has been a key part of our ability to
survive the Covid-19 closures and ensures the ongoing security of the Pre-school. We did however
have significant expenditure related to the tnove at the beginning of the academic year. including a
new kitchen and the associated instillation. an intercom system. temporary storage costs, and
educational supplies.
Reserves and Financial Health
The committee regularly review the finances, budgets and spend together with a monthly cash flow
analysis as part of the effective stewardship of the Pre-school. The committee have continued to
invest in our staff and equipment to maintain excellent teaching facilities for our pupils.
The Pre-school maintains a balance of £10,000 in order to cover operating costs in any unforeseen
circumstances. The balance of £10,000 is designed to allow the preschool to operate for two terms
without external funding. However. it is unlikely that the amount would be sufficient for the preschool
to operate for two terms. Therefore, the 2020-21 financial priority will be to increase the balance
further. This is somewhat mitigated by the ongoing popularity of our Pre-school and the reduced
premises cost.
During term 1 £500 was taken out of the Savings Account to cover exceptional relocation expenses.
and this was subsequently returned once the Pre-school began to benefit from lower ongoing rental
costs.

Oldfield Park Pre-school
Receipts and Payments - Summary
For the year ended 31 August 2020
2020
2019
Receipts
Grants
Fees and Lunch Club
Fundraising
Donations & Sponsorship
Other
Interest
66,316
15,620
51,643
19,662
1,446
100
2,866
15
19
84,817
72,871
Payments
Wages & Salaries
Training
Rent
Insurance
Fundraising
Catering Costs
Trips & Entertainment
Equipment
Office Costs
Telephone
Professional Fees
Other
62.872
90
8,758
463
250
55,127
100
15,308
458
420
1,650
2.709
1,799
369
1,001
1,911
81,872
1,985
1,151
1,278
254
350
1,820
78,250
Surplusl(deficit) for the Year
2,945
5.379

Oldfield Park Preschool
Statement of assets and liabilities
As at 31 August 2020
2020
2019
Bank Current account
Bank Fundraising account
Bank Ringfence account
11,934
758
10,044
9,196
566
10,029
Net funds
22,736
19,791
Funds Brought Forward
Surplusl{deficit) for the Year
19,791
2.945
25,170
(5,379)
22,736
19,791
Chairperson
F Lupton
Treasurer
P Hilferty
Dated

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Sectlon A
Independent ExaMine￿S Report
Report to the trusteesl
members of
OLDFIELD PARK PRE-SCHOOL
On accounts for the year
ended
31 AUGUST 2020
Charity no
lif any)
1028044
Set out on pages
I reFK)rt to the trustees on my examination of the accounts of the above
charity {'the Trust.) for Ihe year ended 31 108 12020.
Responsibilities and
basis of report
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
1.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 Ihe applicable Directions given by the Charity Commission
under section 145{5)(b} of the Act.
Independent I have compleled my examination. I confirm that no material matters have
examiner's statement come to my attention in connection with the examination which gives me
cause to believe that in, any material respect..
the accounting records were not kept in accordance with section 130
of the Charities Act., or
the accounts did not acwrd with the accounting records., or
the accounts did not comply with Ihe applicable requirements
con￿rning the form and content of accounts sel out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair, view which is not a matter
considered as part of an independent examinalion.
I have no cOn￿rn$ and have come across no other matters in connection
with 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:
Name:
Peter Barton FCCA
Relevant professional
qualificationls) or body
lif any):
FCCA
Address:
ART Accountants Ltd
11 Manvers Slreet
Bath, BA1 1JQ
IER
Oct 2018

Section
Disclosure
Only complete if the examiner needs lo highlight material mallers of concern
{see CC32, Independent examination of charity accounts.. directions and
guidance for examiners).
Give here brief details of
any items that the
examiner wishes to
disclose.
NONE
IER
Oct 2018