2021-07-31-accounts

THE ORCHARD ACCOUNTS YEAR ENDED 31 JULY 2021

Objecti	v	es	and	Activ	iti	es
						SORP reference
Summary the charity governing		Ofthe purpOSeS as set out in its document			Of	Para 1.17	The Orchard is a community pre-school delivering the Early Years Foundation Stage education to children aged between 2 and 5years. The Orchard makes itself
							accessible to children and families from all
							sections ofthe local community and has a
							policy of inclusion.
							The Orchard is managed by a Management
							Committee, comprising of parents and the
							community interested in its well-being.
							Working alongside The Orchard's great
							members ofstaff, our aims are to provide a
							"home-from-home" atmosphere - in which
							children feel comfortable and ready to
							learn, thus enabling us to deliver a high
							quality of education.
							We have close links with Great and Little
							Milton Primary Schools which helps to
							make the transition from pre-school to
							primary school as smooth as possible.
							Being a member ofthe Early Years
							Alliance, gives us the confidence to know
							we have the right support and guidance
							when managing The Orchards general
							affairs.
Summary activities		ofthe main in relation to those				Para 1.17and 1.19	The trustees consider that they provide a public benefit by offering a service to local
purposes		for the public					residents and their families in Oxfordshire
benefit,	in particular,			the			and Buckinghamshire by providing care,
activities,		projects or					education and play facilities for children
services	identified in			the			between the ages of two and five which
accounts.							enables parents and carers to work.
							It also promotes public interest in and
							recognition ofthe needs of young children
							in the local area.
Statement		confirming				Para 1.18	The trustees confirm that they have had
whether	the		trustees	have			regard to public benefit guidance issued by
had regard to the guidance							the Charities Commission.
issued b		the Charit

Commission	Commission	on public	on public
benefit
Additional	information			(optional)
You ma choose to			include		further statements	where relevant about:
					SORP reference
					Para 1.38
Policy on	grant making
					Para 1.38
Policy on	social investment
including	program		related
investment
					Para 1.38
Contribution		made	by
volunteers
Other

chieve	men	ts	and Per	formance
				SORP reference
					During the period August 2020 to July
					2021,The Orchard returned to providing
					full-time childcare to the local community,
Summary ofthe main achievements ofthe charity,				Para 120	following the first lock-down. Fundraising was greatly limited due to the restrictions	at
identifying the difference the charity's work has made to the circumstances of its					the time, so the committee found new ways of raising funds, including a sponsored lap- a-thon, 'Bag2School' collections and
beneficiaries and any wider benefits to society as a					parental donations. We also took part in the Little Milton Christmas and Easter 'walking'
whole.					fairs. These were well-supported
					community events which helped to provide
					valuable funds.
					As restrictions were lifted, we held a coffee
					morning with the main aim of welcoming
					new children and parents who had yet to
					properly meet each other and also be
					together at The Orchard site. This was
					well-attended and a positive step towards
					'normality'.
					Within the setting, a number of updates
					took place to ensure the setting was
					prepared for the implementation ofthe new
					EYFS(Early Years Foundation Stage). The
					fish tank was also updated to become a
					favourite feature for the children.

Achievements against	Para 1.41
objectives set
Performance offundraising activities against objectives	Para 1.41
set
Investment performance	Para 1.41
against objectives
Other

inancial Review	inancial Review
Review ofthe charity's			Para 1.21	The charity achieved a surplus for the year
financial position at ofthe eriod	the end			ofE8,146whilst its net assets increased from P95,320to F98,706.
Statement explaining the policy for holding reserves stating why they are held			Para 1.22	The trustees do not have a formal policy on reserves but try to keep sufficient funds in reserves to be able to pay outstanding bills and staff wages when they become due.
				The position is closely monitored	by the
				committee.
Amount ofreserves	held		Para 1.22	At the end ofthe year, the charity	had cash
				and bank reserves off49,318.
Reasons for holding	zero		Para 1.22	N/A
reserves
Details offund materially		in	Para 1.24	There were no funds in deficit at the year
deficit				end.
Explanation ofany			Para 1.23	The trustees are confident ofthe	ability of
uncertainties about	the			the charity to continue as a going	concern
charity continuing as a going				in the foreseeable future.
concern

The charity's principal sources offunds (including	Para 1.47
any fundraising)
Investment policy and objectives including any	Para 1.46
social investment policy
adopted
A description ofthe principal	Para 1.46
risks facing the charity
Other

Structure, Governa	nce	and Manag	ement
Description ofcharity's
trusts:
Type of governing document		Para 1.25	The charity	is controlled by			its governing
			document,	a deed of		trust.
How is the charity		Para 1.25	The charity	is an	unincorporated
constituted?			association.
Trustee selection methods		Para 1.25	The procedures		for the selection			oftrustees
including details of any			are set out	in the	governing		document.		All
constitutional provisions	e.g.		committee	members		are trustees		and are
election to post or name	of		elected at the Annual			General Meeting.
any person or body entitled
to appoint one or more
trustees
Additional information	(optional)
You ma choose to include further statements			where relevant about:

Policies and procedures adopted for the induction	Policies and procedures adopted for the induction	Para 1.51
and training	oftrustees
The charity's organisational structure and any wider		Para 1.51
network with	which the
charity works
Relationship	with any related	para 1.51
parties
Other

Charit	name			The Orchard
Other name the chari			uses	The Orchard	Pre-School
Re istered chari		number		1028227
Charity's	principal	address		Thame Road
				Little Milton
				Oxfordshire
				OX44 7PZ

Trustee name		Dates acted if not for whole	Dates acted if not for whole	ear
None
Funds held as custodian		trustees	on behalf ofothers
Description ofthe assets		No assets are held on behalf of others.
held in this capacity
Name and objects ofthe		N/A
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects.
Details of arrangements	for	N/A
safe custody and
segregation of such assets
from the charity's own
assets

Type of	Name	Address
adviser
Name of	chief executive or names of senior staff members		(Optional	information)

Fees
From parents From Oxfordshire CC		11,498 28,633	9,144 43,344
		40,131	52,488
Otherincome
Net fundra ising income Grants		2,418 12,486	1,023 5,382
Uniform and book bag Donations	sales	36 1,014	30 239
Other income (mainly deposits) Interest received		680 10	160 116
		16,644	6,950
		56,775	59,438
LESS PAYMENTS:
Employee costs Salaries and expenses Training		35,850 4 35,854	53,284 651 53,935
Premises costs
Rent		12	80
Insurance		1,670	1,634
Electricity Telephone and broadband Property maintenance and repairs Water rates		150 473 3,720 158	83 530 3,627 304
		6,183	6,259
Playing costs Cleaning Food, equipment and	play materials	765 1,165 1,930	705 814 1,519
Administration
Professional fees		1,448	2,882
Advertising and marketing Registrations and subscriptions Office costs		165 50 2,257	607 50 1,399
Computer software and equipment Deposits returned		542 200 4,662	S23 250 6,011
		48,629	67,724
Net surplus (deficit)		8,146	-8,286
Cash and bank balances at 1August 2020		41,172	49,458
Cash and bank balances at31July 2021		49,318	41,172

		2021	2020
		E	f
FIXEDASSETS
Premises		39,280	39,280
Equipment		12,153	12,153
		51,433	51,433
CURRENT ASSETS
Stock		95	95
Debtors		143	4,520
Bank current account		29,902	21,778
Bank deposit accounts		19,391	19,382
Cash in hand		25	12
		49,556	45,787
CURRENT LIABILITIES
PAVE & National	Insurance	293
Parents' deposits		720	520
Accrued expenses		1,134	1,380
Pension contributions		136
		2,283	1,900