Wollaston and Strixton Preschool Annual Report
(including Sunrise and Sunset Before and After School Club also known as S & S)
Wollaston & Strixton Pre-School was established in 1966. We are a community Village Pre-School which is run by a Voluntary Management Committee of elected parents / carers.
In March 2011 we were delighted to move our Pre-School into the new WAY building, located in the grounds of Wollaston Primary School. The WAY building was purpose built with our small children in mind and we now offer excellent modern facilities for play and learning during our Pre-School sessions. We also have direct access to our own secure garden space for ‘free flow’ play outside.
The children benefit from being located within the Primary School site as many of them will continue their education at Wollaston Primary School when they reach the appropriate age. The school is no longer a scary place with lots of bigger children but a place they are comfortable and secure in. The advantages of having the use of the playground and a wonderful sectioned off garden (just for the Pre-school) are numerous for the children and can only serve to further add to their education and learning experience.
We have an excellent rapport with the local community and the Head Teacher of the Primary school, who has shown enormous support and is dedicated to continuing links between the two establishments.
We provide a friendly and caring environment in which we strive to meet the individual needs of the children. Our session planning is driven by the interests and needs of the children so as to make learning fun but at the same time challenging.
Besides helping children to work towards the Early Years Foundation Stage, we also place great emphasis on developing the self-esteem, confidence, resilience, independence, language and communication skills of the children.
We encourage parents / carers to be involved with their children’s early education through inviting them to attend sessions and help with activities.
Description of the charity’s trusts
Type of Governing Document – Learning Alliance Constitution
How is the Charity Constituted - Unincorporated Association
Trustee selection methods - Trustees elected at AGM by parents/guardians of children in setting and incumbent Committee.
Committee Members from 01/09/22 – 31/08/23
Jo Underwood – General Member
Charlotte Shippey – Secretary (From End July 2023)
Rebecca Blair – Chair (From End July 2023)
John Pike - General Member
Kerry Gay - General Member (Preschool Manager / Staff)
Grace Henson - General Member (Deputy / Staff)
Leanne Henson – General Member / Fundraising
Pre-school is open for 5 sessions per week as follows:
Monday to Friday 09:00 – 14:00
Pre-school is open for wraparound (beginning 5[th] September 2022) per week as follows:
7.30am to 9am – Monday to Friday
14.00 to 15.30 – Monday to Friday
14.00 to 18.00 – Monday to Thursday
14.00 to 17.00 – Friday
Out of school club is open for 10 sessions per week to Primary School children as follows:
Monday to Friday 07:30 – 08:45
Monday to Thursday 15:30-18:00 Friday 15.30 -17.00 We employ 6 staff.
The Pre-School continues to go from strength to strength. Pre-enrolments for the past and coming year were very healthy and the setting operated at good capacity for the majority of the academic year. Our dedicated team remain committed to providing an outstanding service to the children.
After a slow start S & S begins to regain a steady number of customers towards the end of the academic year and continues to grow in popularity with families of children attending the local primary school becoming more confident both in the quality of care offered and stability of the offering.
Finances remain steady with healthy child numbers in the pre-school. The Out of school club fluctuates but mostly staying in the black on a weekly basis.
As always our employees remain committed to the continuation of their professional and personal development in all areas of childcare and education. This shows in their understanding of and the continued improvement in the delivery of the childcare and quality of teaching in our provisions which is constantly reflected on and adapted according to the needs and interests of the current cohort.
The manager and the Deputy both hold a L6 BA Hons in Early Years. 1 member of staff is an experienced L3, our newly qualified L2 began training for her L3 in the spring of 2023 and another staff member has completed her level 2 and is now study her L3, leaving our team highly qualified within their profession.
The preschool team has held some successful fundraising events raising money for new resources such as a makeover for the garden, equipment for the children and focusing on resources for our SEN cohort.
The Preschool team continue to visit local farms, allotments, forest school outings, the library for Rhyme Time which we continue to run successfully (foc), local parks, shops and the post office over the year providing opportunities for the children and strengthening community links.
Communication with parents has been good with newsletters vis Sway, parent mail, Tapestry and coffee mornings focusing on Christmas and similar festivals and looking at healthy eating and Oral Hygiene.
Unaudited Financial Statements Wollaston & Strixton Pre-School For the year ended 31 August 2024
Prepared by S.L.E. Accounting Limited
Contents
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3 Accountants Report
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4 Detailed Profit and Loss
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6 Balance Sheet
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7 Notes to the Financial Statements
Wollaston & Strixton Pre-School Page 2 of 8
Unaudited Financial Statements
Accountants Report
Wollaston & Strixton Pre-School For the year ended 31 August 2024
In accordance with our terms of engagement, we have prepared for your approval the financial information of Wollaston & Strixton Pre-School for the period ended 31 August 2024 from the entity's accounting records and from information and explanations you have given us.
As a practising member of the Association of Accounting Technicians (AAT), we are subject to its ethical and other professional requirements which are detailed at aat.org.uk.
This report is made solely to you, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial information of Wollaston & Strixton Pre-School and state those matters that we have agreed to state to you in this report in accordance with AAT. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than you for our work or for this report.
You have approved the financial information for the period ended 31 August 2024 and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial accounts. Signature.........................................
S.L.E. Accounting Limited, 19 Blenheim Croft, Cranfield, Bedfordshire, MK43 1AR 11th December 2024
Wollaston & Strixton Pre-School Page 3 of 8
Unaudited Financial Statements
Detailed Profit and Loss
Wollaston & Strixton Pre-School For the year ended 31 August 2024
| Detailed Profit and Loss Wollaston & Strixton Pre-School For the year ended 31 August 2024 |
|||
|---|---|---|---|
| NOTES | 2024 | 2023 | |
| Sales | |||
| Christmas Trip 2023 | 630 | - | |
| Family Photo's | 150 | - | |
| Fundraising | 2,221 | 2,480 | |
| Grants | 94,562 | 99,649 | |
| Preschool Fees | 30,890 | 34,551 | |
| Race Night 2023 Fundraising | 1,099 | - | |
| S&S Fees | 34,185 | 36,976 | |
| Summer Trips Income | 550 | 567 | |
| Total Sales | 164,287 | 174,223 | |
| Cost of Sales | |||
| Purchases | 4,827 | 3,910 | |
| Bad Debts | 184 | 59 | |
| Equipment | - | 331 | |
| Fundraising Expenses | 35 | 66 | |
| Snacks | 1,669 | 2,725 | |
| Trips | 1,178 | 1,026 | |
| Total Cost of Sales | 7,893 | 8,116 | |
| Gross Profit | 156,394 | 166,107 | |
| Expenses | |||
| Establishment Expenses | |||
| Rent | 15,134 | 14,908 | |
| Repairs & Maintenance | 538 | 451 | |
| Total Establishment Expenses | 15,671 | 15,359 | |
| Staff Costs | |||
| Employers National Insurance | 5,169 | 172 | |
| Pensions Costs | 2,503 | 2,092 | |
| Salaries | 123,509 | 119,888 | |
| Staff Training | 477 | 2,442 | |
| Total Staff Costs | 131,657 | 124,594 | |
| Legal and Professional Fees | |||
| Audit & Accountancy fees | 858 | 3,575 | |
| Consulting | - | 4,428 | |
| Total Legal and Professional Fees | 858 | 8,003 | |
| Depreciation | |||
| Depreciation Expense | 52 | 19 | |
| Total Depreciation | 52 | 19 | |
| Finance Charges |
Wollaston & Strixton Pre-School Page 4 of 8
Unaudited Financial Statements
Detailed Profit and Loss
| NOTES | 2024 | 2023 | |
|---|---|---|---|
| Bank Fees | 144 | 477 | |
| Total Finance Charges | 144 | 477 | |
| General Administration | |||
| Advertising & Marketing | 1,861 | 989 | |
| Cleaning | 840 | 427 | |
| Entertainment-100% business | 655 | 473 | |
| General Expenses | 161 | 946 | |
| Gifts | 137 | - | |
| Insurance | 965 | 802 | |
| IT Software and Consumables | 250 | 361 | |
| Legislation, Policies & Procedures | 28 | - | |
| Motor Vehicle Expenses | 19 | - | |
| Postage, Freight & Courier | 34 | 30 | |
| Printing & Stationery | 4,664 | 2,912 | |
| Subscriptions | 1,156 | 371 | |
| Telephone & Internet | 263 | 269 | |
| Travel - National | 67 | 475 | |
| Uniform/Clothing | 666 | - | |
| Total General Administration | 11,767 | 8,055 | |
| Total Expenses | 160,149 | 156,507 | |
| Operating Profit (Loss) | (3,755) | 9,601 | |
| Interest Payable | |||
| Interest Paid | 6 | 2 | |
| Total Interest Payable | 6 | 2 | |
| Investments | |||
| Interest Income | - | 60 | |
| Total Investments | - | 60 | |
| Profit (Loss) on Ordinary Activities before Taxation | (3,761) | 9,658 | |
| Net Profit (Loss) for the Period | (3,761) | 9,658 |
Wollaston & Strixton Pre-School Page 5 of 8
Unaudited Financial Statements
Balance Sheet
Wollaston & Strixton Pre-School As at 31 August 2024
| Balance Sheet Wollaston & Strixton Pre-School As at 31 August 2024 |
|||
|---|---|---|---|
| NOTES | 31 AUG 2024 | 31 AUG 2023 | |
| Fixed Assets | |||
| Tangible assets | 208 | 260 | |
| Total Fixed Assets | 208 | 260 | |
| Current assets | |||
| Debtors | 1,878 | 3,419 | |
| Cash at bank and in hand | 41,135 | 44,238 | |
| Total Current assets | 43,013 | 47,657 | |
| Prepayments and accrued income | |||
| Prepayments | 1,495 | 867 | |
| Total Prepayments and accrued income | 1,495 | 867 | |
| Creditors: amounts falling due withinone year | |||
| Trade creditors | 210 | 952 | |
| Other creditors | |||
| Other taxes and social security | 336 | (99) | |
| Total Other creditors | 336 | (99) | |
| Total Creditors: amounts falling due within one year | 546 | 853 | |
| Net current assets (liabilities) | 43,962 | 47,671 | |
| Total assets less current liabilities | 44,171 | 47,932 | |
| Accruals and deferred income | |||
| Accruals | 1,616 | 1,616 | |
| Total Accruals and deferred income | 1,616 | 1,616 | |
| Net Assets | 42,555 | 46,316 | |
| Capital and reserves | |||
| Profit and loss account | 42,555 | 46,316 | |
| Total Capital and reserves | 42,555 | 46,316 |
Wollaston & Strixton Pre-School Page 6 of 8
Unaudited Financial Statements
Notes to the Financial Statements
Wollaston & Strixton Pre-School For the year ended 31 August 2024
1. Accounting Policies
Basis of preparing the financial statements
The financial statements have been compiled on a basis which enables profits to be calculated in accordance with generally accepted accounting practice and which provides sufficient and relevant information to enable the completion of the annual return.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the charity.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
2. Tangible fixed assets
| Computer Equipment Total |
Computer Equipment Total |
Computer Equipment Total |
|---|---|---|
| Cost or valuation | ||
| As at 1 September 2023 | 279 | 279 |
| Additions | - | - |
| Disposals | - | - |
| As at 31 August 2024 | 279 | 279 |
| Depreciation and impairment | ||
| As at 1 September 2023 | 19 | 19 |
| Charge for year | 52 | 52 |
| On disposals | - | - |
| As at 31 August 2024 | 71 | 71 |
| Net book value | ||
| As at 31 August 2024 | 208 | 208 |
| As at 31 August 2023 | 260 | 260 |
| 2024 | 2023 | |
|---|---|---|
| 3. Debtors | ||
| Debtors: amounts falling due within oneyear | ||
| Trade debtors | 1,878 | 3,419 |
| Total debtors: amounts falling due within one year | 1,878 | 3,419 |
| Total debtors | 1,878 | 3,419 |
3. Debtors
Wollaston & Strixton Pre-School Page 7 of 8
Unaudited Financial Statements
Notes to the Financial Statements
| 2024 | 2023 | |
|---|---|---|
| 4. Prepayments and accrued income | ||
| Prepayments | 1,495 | 867 |
| Total prepayments and accrued income | 1,495 | 867 |
| 2024 | 2023 | |
| 5. Creditors: amounts falling due withinone year | ||
| Trade creditors | 210 | 952 |
| Other taxes and social security | 336 | (99) |
| Total creditors: amounts falling due within one year | 546 | 853 |
| 2024 | 2023 | |
| 6. Accruals and deferred income | ||
| Accruals | 1,616 | 1,616 |
| Total accruals and deferred income | 1,616 | 1,616 |
| 2024 | 2023 | |
| 7. Operating lease commitments | ||
| Due within one year | - | - |
| Due after one year | - | - |
| Total operating lease commitments | - | - |
Wollaston & Strixton Pre-School Page 8 of 8
Unaudited Financial Statements
Signed By
Kerry Gay
Date Signed 2024-12-18 10:00:33 Email admin@wollastonpreschool.org.uk Printed Name Kerry Gay IP Address 2a00:23c6:a290:1d01:9db4:7453:a502:95e0 Browser User Agent Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/131.0.0.0 Safari/537.36 Edg/131.0.0.0 Name of signatory Kerry Gay
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name Wollaston & Strixton Pre-School members of On accounts for the year 31[st] August 2024 Charity no 1028629 ended (if any) Set out on pages (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2024 . Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set 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 examination.
I have no concerns 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:19/12/2024 ~~oe~~ |
Date:19/12/2024 ~~oe~~ |
|
|---|---|---|---|
| Name: | Shelley Johns | ||
| Relevant professional | FMAAT | ||
| qualification(s) or body | |||
| (if any): |
Oct 2018
1
IER
Address: 19 Blenheim Croft, Cranfield, Bedfordshire, MK43 1AR
Section B Disclosure
Only complete if the examiner needs to highlight material matters 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 .
Oct 2018
2
IER