Oldfield Park Pre-school
Reg Charity No. 1028044
Report and Accounts
Year Ended 31 August 2021

Report of the Trustees of Oldfield Park Pre-school
For the yearthat ended 31st August 2021
The Trustees present their report along with the consolidated financial statements of
the charity for the year that ended 3 1st August 2021. 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 ￿ATEMENT
Our mission is to provide a purposeful and caring learning environmenL which can be
accessed by the whole community.
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 Tnoved 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 of
volunteers. 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 activities for the children to
enjoy. These typically include 'Outdoor Adventures.. cookin& pasntin& 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 Qf&Lod
lllSpe£tl￿ our Pre-school was judged to be 'good'.
REVIEW OF ACTIVITIES AND ACHIEVEMENTS
Pupil Numbers and Fees
At the end of the academicyear 2020-2021. we had 38 pupils reglstered. This was back
to ordinary levels after a small drop at the height of the pandemic (2019-20.. 28 pupils,
2018-19: 32 pupils, 2017-2018= 39 pupils).
Our fees this year were £26.437. This includes a voluntsry contribution for consumables
and extra activities, including forest school.
Covid-19 Impact
During this academic year. we have avoided any significant closures due to Covid-19.
When schools were closed to all but keyworker children in early 2021. we remained
open, though a proportion of parents chose not to send their children to Preschool.

We have noticed an impact on children in the settin& who have needed increased social
and emotional support from adults in the setting. We took on two new members of staff
in February 2021 (part-time) to support the increase in numbers and needs. One of
these members of staff is being retsined for the following academic year.
We hope that the impact on children starting school in September 2021 has been
minimised by making the preschool environment as nornial as possible.
OUR FINANCES
The financial statements show net incoming resources for the year on Pre-school
activities of £22,569.
The principal source olincome is fees which were funded via the 'Early Years
Entitlement., and privately funded hours. Parents were also asked to pay a voluntary
contribution for consumables.
We also carryout fundraising activities. although during the year 2020-2021 these were
again more limited than usual due to Covid-19 restrictions. This year. the pre-school
fundraising was limited to raffles and a sponsored bounce.
Reserves and Flnancial Health
The committee regularly review the finances, budgets and spend together with a
monthly cash flow analysi5 as part of the effective stewardship of the Pre-school. The
comtnittee have continued to invest in our staff and equipment to maintain excellent
teaching facilities for our pupils.
The Pre-school maintsins 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 ternis without external fundin& However, it is unlikely that the amount
would be sufficient for the preschool to operate for two terms. We have begun planning
to gradually increase the amount of money in the reserves. Thi5 transfer of money into
our reserve account is somewhat mitigated by the ongoing popularity of our Pre-school
and the reduced premises cosL
Penslon liability
For our staff we offer a defined contributlon scheme which is operated by True
Potential.

TRUSTEES AND ORGANISATIONAL sfRucfuRE
Trustees (know as our Commlttee)
Our CommTrttee is responsible for the overall business aspects of the Pre-school,
including finance. staffing and health 2nd 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 2020-October 2021 is:
F Lupton (Chair)
P Hilferty (Treasurer)
S Johnson (Secretary)
J Waterhouse (Vice Chair)
B Waterhouse
J Johnson
M Barber
B Hilferty
B Cramm
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 five other Early Years Practitioners.
PROFESSIONAL ADVISERS
Bankers: Natwest, Bath Oldfield Park. 6 Moorland Road. Bath, Avon, BA2 3PA
Accountant: Art Accountants. Ground Floor. 11 Manvers Stree¢ Bath BAI IJQ

Oldfield Park Pre-school
Receipts and Payments - Summary
For the year ended 31 August 2021
2021
Receipts
2020
Grants
Fees and Lunch Club
Fundraising
Donations & Sponsorship
Other
Interest
84,570
26,437
66,316
15.620
2,866
15
111,008
84,817
Payments
Wages & Salaries
Training
Rent
Insuran
Fundraising
Catering Costs
Trips & Entertainment
Equipment
Office Costs
Telephone
Professional Fees
Other
70,648
322
10,603
464
62,872
90
8,758
463
250
1,215
2,839
1,489
404
276
178
88,439
1,650
2,709
1,799
369
1,001
1,911
81,872
Surplusl(deficit) for the Year
22,569
2,945

Oldfield Park Pre-school
Statement of assets and liabilities
As at 31 August 2021
2021
2020
Bank Current account
Bank Fundraising account
Bank Ringfence account
27,591
2,669
15,045
11,934
758
10,044
Net funds
45,305
22,736
Funds Brought Forward
Surplusl(deficit) for the Year
22,736
22,569
19,791
2,945
45,305
22,736
Chairperson
F Lupton
Treasurer
P Hilferty
Dated
..30.19 I zz

(HARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs report on the
accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
OLDFIELD PARK PRE-SCHOOL
On accounts for the year
ended
31 AUGUST 2021
Charity no
lif any)
1028044
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity {Ihe Trust") for the year ended 31108 12021.
Responsibilities and
basls of report
As the chartvs trustees. you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
('the Ad-).
I report in resped of my examination of the Trust's accounts carried out
under section 145 ofthe 2011 Act and in carying out my examination. I
have followed all the applicable Directions given by the Charity Commission
under section 145{5)(b) of the Act.
Independent I have completed my examination. I confinn 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 wrth section 130
of the Charities Act. or
the accounts did not ac￿rd with the accounting records" or
the accounts did not comply with the applicable requirements
Gonceming the form and content of accounls set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a Irue and fair, view which is not a matter
considered as part of an independent examination.
I have no concems and have come across no other matters in connection
with the examination to which attention should ￿ drawn in this report in
order to enable a proper understanding of the accounts to be reached.
Signed:
Date:
3<314 ILI
Name:
Peter Barton FCCA
Relevant professional
qualificationls) or body
Ilf any):
FCCA
Address:
ART Accountants Ltd
11 Manvers Street
Bath, BA1 1JQ
IER
Oct 2018

Section B
Disclosure
Only complete if the examiner needs to highlight malerial matters of concern
(see CC32, Independent examination of charrty accounts.. directions and
guidance for examiners).
Give here brief details of
any items that the
examiner wishes to
dlsclose.
NONE
IER
Oct 2018