Welcome to Portreath Preschools AGM.
About the Preschool
Portreath Preschool is a charity run Preschool providing early years education for children aged 2 and half until they reach school age. The preschool is managed by a committee who act as the trustees. This committee is formed by parents of children who attend the preschool and members of the local community.
As a charity the preschool relies on the support of parents and the local community.
The review of the year
2021/2022 finally saw the preschool return to some sort of normality following on from our challenging times due to the covid pandemic.
Our numbers on role has remained consistently around the 30 children mark throughout the year. Our waiting list figures remain high.
Due to a large cohort of children leaving us to start Primary school we were left with a lot of new starters joining us at preschool in September 2021. This presented lots of challenges for staff with more younger children in the setting.
Also due to pandemic, our staff have found that children are requiring a lot more additional support. This is causing us many issues with financing additional staff members.
Out and about sessions have returned to normal this past academic year. Children have enjoyed trips to the local park, woods and beach. It’s wonderful for the children to get out and explore our local community.
A successful transition for our flying fish children ensured they have settled well into their primary schools.
The preschool is now facing huge financial challenges due to an increase in our running costs for example staff wages.
Staffing
The preschool is run by an amazing team of highly qualified practitioners led by Rebekah the manager. Our team also includes Louise as deputy manager, Natalie, Jannah, Mel, Hannah and Rachel. Together they work exceptionally hard to provide an outstanding early years setting. We also welcomed Tasha to the team to take care of all the admin.
Fundraising
Fundraising has somewhat changed during recent years due to covid. However due to the current economic situation it is now more vital than ever that we raise funds for the preschool.
Our usual events such as snuggle down didn’t take place in the usual manner but we’re still enjoyed during preschool time.
We were so pleased to finally be able to put on a summer fair and this raised a really good amount for the preschool. Other successful fundraising included selling Daffodils that had been kindly donated, Bags 2 school and an Easter trail.
The committee
Without the committee our preschool couldn’t run. The committee is made up of a chair, a treasurer, a secretary and a numbers of committee members. I would like to say a huge thank you to our current committee members. Vicky as our treasurer, Tasha and Laura as our secretaries, Roselyne as my deputy and all our wonderful members, Claire, Emily and Rachel.
It would be lovely to have some new faces with children at the preschool join our committee. We meet once a month, usually on a Wednesday evening. These meetings are currently held on zoom. We work closely with Rebekah and the team to help run the preschool with having a say in decisions and fundraising.
Now follows a finances report from Vicky the treasurer and a managers report from Rebekah.
Portreath Pre School Play Group
Financial Activities
September 2021 - August 2022
| TOTAL | |
|---|---|
| Income | |
| 1 Fees | 18,451.93 |
| Donations and legacies | 438.23 |
| Funding | 58,857.07 |
| Fundraising | 1,998.90 |
| Sale of Uniform | 19.00 |
| Total Income | £79,765.13 |
| Cost of Sales | |
| Purchase of Uniform | 453.72 |
| Resources | 1,799.04 |
| Total Cost of Sales | £2,252.76 |
| TOTAL | £77,512.37 |
| Expenditures | |
| Administration | 820.00 |
| Advertising/Promotional | 150.00 |
| Cleaning | 445.71 |
| Insurances | 632.15 |
| Legal & Professional | 90.00 |
| Payroll Expenses | 480.69 |
| 3000 Wages | 79,457.91 |
| Pension | 782.33 |
| Taxes | -576.65 |
| Total Payroll Expenses | 80,144.28 |
| Phone Costs | 930.10 |
| Printing, Postage and Stationery | 161.55 |
| Rent | 4,020.00 |
| Repairs & Maintenance | 517.48 |
| Snacks & Kitchen Items | 260.07 |
| Staff Training & Welfare | 348.00 |
| Sundry Expenses | 178.51 |
| Travel and Accommodation | 121.99 |
| Total Expenditures | £88,819.84 |
| NET OPERATING INCOME | £ -11,307.47 |
| Other Income | |
| grant | 127.63 |
| Total Other Income | £127.63 |
| NET OTHER INCOME | £127.63 |
| NET INCOME/(EXPENDITURE) | £ -11,179.84 |
Cash Basis Tuesday, 14 March 2023 11:45 am GMT+00:00
1/1
1[st] March 2023
This is to confirm that the Income & Expenditure for the Portreath Preschool is a true record of their income and expenses for the 2021 to 2022 Financial Year.
Carolyn Andrew Wheelwright’s Cottage Perranwell Station Truro Cornwall TR3 7JS