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2024-08-31-accounts

Bradworthy Pre-school Trustees’ Annual Report For the year ended 31 August 2024

1. Reference and Administratve Informaton

Charity Name: Bradworthy Pre-school

Charity Number: 1028935

Registered Address: Bradworthy Pre School, Mill Road, Bradworthy, Holsworthy, Devon, EX22 7RT

Correspondence Address: As specified above

Trustees (During the Reporting Period):

Staff:

2. Structure, Governance and Management

Type of Governing Document – PLA Constitution

How the Charity is Consttuted –Parent Committee

Bradworthy Pre-school is a charitable unincorporated association. The charity is managed by a committee of elected trustees who are responsible for the strategic direction and financial oversight of the setting. New trustees are appointed at the AGM, and all trustees undergo an induction process to understand their roles and responsibilities.

There is a child protection policy in place, criminal record bureau checks are carried out for all new committee and staff members. For existing members these checks are renewed in line with statutory requirements.

Bradworthy Pre School is insured with Zurich and is a member of the Pre School-Learning Alliance.

The Pre School, located on Bradworthy Primary Academy grounds, operates independently but pays service charges to the Academy. Though self-governed and financed, it maintains strong ties with the Academy to support smooth transitions for children moving to primary school.

All Committee members give their time on a voluntary basis.

3. Objectves and Actvites

The aim of Bradworthy Pre-school is to provide high-quality, affordable early years education and care for children aged 2-4 years old in Bradworthy and surrounding areas. We are committed to creating a safe, inclusive, and stimulating environment that supports every child’s development in line with the Early Years Foundation Stage (EYFS) framework.

Key activities include:

Billing for unfunded hours is completed on a monthly basis ensuring good cash flow for the preschool and has also ensured large unpaid amounts do not build up.

There is currently £1,025 in outstanding fees.

4. Achievements and Performance

This year has been one of balanced stability with little variation.

Highlights include:

Attendance and enrolment: Currently supporting 30 children.

5. Financial Review

The financial position of the pre-school remains stable. Total income for the year was £67,753 largely from government funding (Early Years Entitlement) and parent fees.

Total expenditure was £65,753, which covered staffing, premises costs, resources, insurance, and operational expenses.

The pre-school holds reserves of £[amount] as of 31.08.24, which provides cover against redundancy costs and ensures continuity of service.

Fundraising efforts include an Online Auction which raised £500 and we received a pleasing donation of £500 from the local ‘Balsdon Trust’.

6. Plans for the Future

In the coming year, our priorities include:

7. Statement of Trustees' Responsibilites

The trustees are responsible for ensuring the pre-school complies with its governing document and applicable law, keeps proper accounting records, and prepares financial statements.

Approved by the Trustees on 15[th] October 2024 and signed on their behalf by:

Amanda Vanstone, Treasurer

Bradworthy Pre School Accounts for the year ended 31 August 2024

Statement of Income and Expenditure

Income
Funding
Fees
Grants & Donations
Uniform
Interest
Milk refund
Fundraising
Other Income
Less Expenditure
Staff Wages
Service Charges
Insurance
Class Materials & Resources
Equipment
Maintenance & Improvements
Fundraising
Christmas Gifts & Trips
Snacks
Stationery
Training Course Fees & Travel Expenses
Mobile telephone
Subscriptions & DBS Checks
Sundries
Nappy Unit rental
Deficit / Surplus in year
Note
1
2
3
2
4
5
6
7
8
2023-2024
£
55,511
10,326
616
27
485
271
531
-
67,767
55,240
3,000
952
1,319
-
-
29
785
1,430
599
372
735
526
766
-
65,753
2,014
2022-2023
£
41,283
10,159
5
55
236
288
61
189
52,276
49,738
2,750
904
1,100
-
-
-
394
1,096
130
-
674
341
254
-
57,381
5,105
-

Page 1

Bradworthy Pre School Accounts for the year ended 31 August 2024

Summary of Funds

Fixed Assets
Current Assets
Balance at Bank - Current
Balance at Bank - Savings
Balance at Bank - Redundancy
Debtors & Prepayments
Cash In Hand
Less Current Liabilities
Creditors
Net Assets
Funds Brought Forward
Deficit / Surplus in year
Note
9
2023-2024
£
Nil
3,017
35,567
11,050
1,239
9
50,882
347
50,535
48,521
2,014
50,535
- 2022-2023
£
Nil
1,322
30,643
15,989
650
50
48,654
133
48,521
53,626
5,105

48,521

Page 2

Bradworthy Pre School Accounts for the year ended 31 August 2024

Notes to Accounts

Note 1 Grants & Donations
Howdens
The Balsdon Trust
Note 2 Fundraising
Income
Auction
531
531
Note 3 Class Materials
Class Resources & Materials
Noodle Now Online Learning Training Provider
Learning Journals
Note 4 Christmas Gifts & Trips
The Milky Way (summer trip)
Hills Coaches (summer trip)
Christmas Gifts
Staff Christmas Meal
Note 5 Postage & Stationery
Printer Ink
Office Stationery
Note 6 Training Course Fees & Travel Expenses
First Aid Training
NVQ 3 Course
116
500
616
Expenses
29
-
29
1,049
120
150
1,319
190
395
84
116
785
557
42
599
335
37
372
Profit/Loss
502
502

Page 3

Bradworthy Pre School Accounts for the year ended 31 August 2024

Notes to Accounts

Note 7 Subscriptions and DBS checks
Website & Domain Annual Renewal
Ofsted Annual Registration
McAfee Renewal
Early Years Membership
DBS Checks
Note 8 Sundries
Auditing of Accounts
Staff Leaving Gifts
Small Sundry Items
Staff Uniform & Printing
Note 9 Debtors & Prepayments
Website & Domain Annual Renewal
Adjustment Funding
Fees
Milk Refund
158
50
50
116
152
526
80
439
64
183
766
158
-
1,025
56
1,239

Page 4

Bradw. orthy School Accounts for the year ended 31 August 2024

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Bradworthy Pre School members of On accounts for the year 31/08/2024 Charity no 1028935 ended (if any) Set out on pages 2 pages

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2023.

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.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date: 24/03/2025

Signed: Name: Mrs Fiona Cooper ~~Cs~~ Relevant professional qualification(s) or body (if any):

Address: 7 Honey Meadows, Glebe Lane Holsworthy, Devon EX22 6BG

October 2018

1

IER

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 .

October 2018

2

IER