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2024-08-31-accounts

Nutley Preschool Playgroup AGM 21st October 2024

Chairpersons report including Trustees report:

As members of the Preschool Management Committee the following people were all Trustees of the Charity (1028830) From October 2023 until now.

Other committee members that have served voluntarily throughout the past year are:

Stepping down off the committee at this meeting will be Liz Mitchell.

Staff Details:

In the academic year of 2023 -24 we have had the following staff members:

At the start of the academic year 2024-25 we have the following staff:

We are currently in the process of onboarding a new preschool assistant, Emma Martin, who is due to start after October half term. Also, we have one Bank Staff Preschool Assistant application that has been accepted.

Overview/Past Year Review:

We started the academic year 2023-24 with 19 children and finished with 29 children on the register, 13 of which were rising 5’s which is such a great achievement.

The staff have worked tirelessly over the last year to continue to make sure that the Preschool has run smoothly and been accommodating for all the children.

We have continued to open for 30 hours per week, to all families, including all funding options including the new 2 year old funding and we are still a member of the tax-free childcare government scheme.

Music Bus and Tiny Tekkers both continued last year. Although this year we have decided to stop using Music Bus, we still have Tiny Tekkers and it is still being enjoyed by the children.

We had good success with the events we have managed to run this year, the Christmas market of 2023 was very successful, and also our easter egg hunt and our stall at the Nutley Village Fete. I would like to add a huge thank you to everyone who came along and supported all events and also those who helped on the day. We are excited for our upcoming events this year; our Christmas market and the children’s Christmas play and party.

For this academic year, we started with 20 children on the register, and we have already had a number of new enquiries and new starters. The on-going aim is to have 30 children on the register by the summer term with a minimum still of 6 hours each.

This year we say goodbye to Liz Mitchell, who has been a part of the committee for 5 years, I would like to say a huge thank you to you for your hard work and dedication to preschool.

Unfortunately, we do not have any new members to add to our committee this year, we will continue to work towards gaining some more committee members over the coming months in order to make sure we have the correct number of trustees to continue.

Finally, on behalf of the preschool and personally, I would like to thank all the committee, the staff and parents for their continued hard work to ensure Nutley preschool is a wonderful setting to be a part of and a growing asset to our community.

Voting people onto the committee:

Treasurer report:

We ended the year well with a profit of £4070.

This was largely due to the 2 year old funding. The education grant was up by £14,890 from last year, a 36.3% increase. Fees also increased by £3697 16.3%.

Average daily funded hours increased from 40 to 49 a 22% increase. Average daily non funded hours stayed the same at 18.

Staff costs increased by - £4752 - 8.2% (April - August increase in Minimum wage hourly rate of £1.02 9.8%)

Next year some of this profit should be put back into the preschool with the purchase of new play equipment. Also garden grant money is yet to be spent.

NUTLEY PRE SCHOOL PLAYGROUP NUTLEY PRE SCHOOL PLAYGROUP NUTLEY PRE SCHOOL PLAYGROUP 1028830 1028830
Receipts andpayments accounts CC16a
For the period
from
~~ee~~		 1st Sept 2023
~~ee~~		 To
~~ee~~		 31st Aug 2024 31st Aug 2024
Section A Receipts and payments
Unrestricted
funds		 Restricted
funds		 Endowment
funds		 Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Education Grant 55,906 - - 55 55,906 41,017
Fees 26,409 - - 26 26,409 22,712
Fund Raising 1,789 - - 1 1,789 1,875
Donations - - - - - 1,203
Other Income 250 - - 250 250 5,000
- - - - - -
- - - - - -
- - - - - -
Sub total(Gross income for
AR)		 AR)84,354 - - 84,354 84,354 71,807
A2 Asset and investment sales,
(see table).
-
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total receipts
84,354
-
-
84,354
71,807
~~——————~~
A3 Payments
Staff Costs 62,523 - - 62 62,523 57,771
Fund Raising 397 - - 397 397 1,010
Hall Rental 9,520 - - 9 9,520 8,952
Software 1,296 - - 1 1,296 890
Equipment 465 - - 465 465 366
Tutors 2,450 - - 2 2,450 1,140
Misc 769 - - 769 769 599
Training 188 - - 188 188 941
Garden Maintenance 817 - - 817 817 978
Refreshments 425 - - 425 425 957
Insurance 796 - - 796 796 760
Advertising 351 - - 351 351 295
Craft 115 - - 115 115 189
Stationary 171 - - 171 171 247
- - - - - -
- - - - - -
**Sub total ** 80,283 - - 80,283 80,283 75,095
A4 Asset and investment
purchases, (see table)
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total payments
80,283
-
-
80,283
75,095
~~——————~~
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end		 4,071
-
- 4,071
-
- -
20,210
- -
24,281
-
- 24,281
~~===~~		 - 4,071
- 24,281
 - 4,071
- 3,288
-
-
20,210
23,498
- 24,281
20,210
~~>>~~

3

Section B Statement of assets and liabilities at the end of the period

Unrestricted
Restricted		 Endowment
Categories Details funds
funds		 funds
to nearest £
to nearest £		 to nearest £
B1 Cash funds 24,281
-
-
-
-
-
-
-
-
24,281
-
-
Cash at bank
Total cash funds
~~===>~~
(agree balances with receipts and payments (agree balances with receipts and payments
account(s)) OK
OK		 OK
Unrestricted
Restricted		 Endowment
funds
funds		 funds
Details to nearest £
to nearest £		 to nearest £
B2 Other monetary assets -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
~~===~~
Details Fund to which
asset belongs
Cost (optional)		 Current value
(optional)
B3 Investment assets -
-
-
-
-
-
-
-
-
-
~~===~~
Details Fund to which
asset belongs
Cost (optional)		 Current value
(optional)
B4 Assets retained for the
charity’s own use		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
~~===~~
Fund to which
Amount due		 When due
B5 Liabilities liability relates
(optional)
(optional)
-
-
-
-
-
Details
~~===~~
Signed by one or two trustees on
behalf of all the trustees		 Date of
approval
17/03/2025
Print Name
PollyCosham
Signature
4
~~(ome~~

Signed by one or two trustees on behalf of all the trustees

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts ••• Section A Independent Examiner's Report Report to the trusteesl members of NUTLEY PRE SCHOOL PLAYGROUP On accounts for the year ended 31 AUGUST 2024 Charity no (if any) 1028830 Set out on pages 3and4 I report to the trustees on my examination of the accounts of the above charity ("the Trust.) for the year ended 31 AUGUST 2024. Responsibilities and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011. 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have 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 do not accord with the accounting records., or the accounts do 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. Independent examiner's statement 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: 23 March 2025 Name: Martin Craig Relevant professional qualification(s) or body (if any): Chartered Accountant Address: Circles, Clock House Lane Nutley East Sussex TN22 3NX

Section B Disclosure Only complete if the examiner needs to highlight 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. None