2021-03-31-accounts - Brandon Pre-School Playgroup

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Brandon Pre-school Playgroup

Annual Report for the year ended 31[st] March 2021.

The trustees present their annual report and financial statement of the charity for the year ended 31[st] March 2021. The financial statement has been prepared in accordance with the accounting policies set out in our Constitution, The Charities Act 2011 and the Charities Statement of Recommended Practice (second edition) and Financial Reporting Standard FRS 102.

Aims and activities for the public benefit.

The aims of the pre-school are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:

(a) Offering appropriate pay, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability;
(b) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas;
(c) Instigating and adhering to and furthering the aims and objects of the Preschool Learning Alliance.

The trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the charities aims and objectives and in planning future activities.

Chair’s Report

The year started with the preschool temporarily closed due to Covid 19 lockdown. Sadly, we had just said goodbye to Manager Cindy Hills, after 18 years of working at Brandon Preschool.

In May we welcomed new manager, Paula Walker, whilst still in lockdown, but preparing to open.

Brandon Preschool opened again in June, though initially with just small groups or ‘bubbles’ of eight children and three staff, to manage the Covid risk. Vulnerable children and children of key workers were prioritised for these ’bubbles.’

Staff had to learn new ways of working to reduce the risk of infection and worked hard to keep everyone safe, knowing they were potentially putting themselves, and therefore their families at risk of exposure.

Behind the scenes, the committee met frequently via Zoom as we tried our best to keep on top of constantly changing guidance from government and reviewing policies as necessary.

During the course of the year, there were times when it was not considered safe for schools to be open and yet Early Years providers were expected to carry on working in an environment where social distancing just wasn’t possible.

The committee decided, after seeking advice from the Early Years Alliance, to cancel the Annual General Meeting, because of the pandemic situation.

Staff have proved themselves over and over again to be committed, hardworking and incredibly brave considering what they were facing.

The year ended with Covid still ruling almost every aspect of our lives as we continued to adapt to an ever changing situation.

Laura Boone, Chairperson

Treasurer’s Report

We saw a loss this year for the second year in a row, though the loss was less this year. We continue to use our funding to benefit the children to the best of our abilities. Part of this is to maintain salaries which allow high quality staff to be retained. We have made changes to our printing service to make long term savings and are aware that we cannot continue to make the losses we are, although we still have enough reserves to support us in the immediate future.

Claire Goldstone, Treasurer

Structure, Governance and Management

The pre-school is a registered charity, number 1029166, and is constituted under the Pre-school Learning Alliance Model Pre-school Constitution 2011, adopted by the Trustees on the 24[th] October 2012.

At the Annual General Meeting (AGM), Trustees will be elected by parents (members) of the pre-school. The minimum number of elected trustees shall be 5 and the maximum shall be 12. Trustees can co-opt up to 3 further Trustees at any time after the AGM.

The Trustees shall hold at least 2 meetings each year. Every issue considered by the Trustees at meetings may be determined by a simple majority vote.

A Trustee must absent himself or herself from any discussions in which it is possible that a conflict of interest may arise and may take no part in any vote on the matter.

Reference and Administrative Details

Names of the Trustees who manage the charity:

Laura Boone (Chairperson) Rebecca Connor Anastasia Corciulo

Claire Goldstone (Treasurer) Heather Guest (retired October 2020) Paraskevi Kontoudi Natalie Newman (retired October 2020) Lauren Riding (retired October 2020) Laura Smith (Secretary) Clare Taylor Kim Todd (deceased August 2020)

Name of trustees holding title to property belonging to the charity:

Laura Boone Claire Goldstone

Approved by the Trustees on ?? March 2022 and signed on their behalf by:

Laura Boone Chairperson

REGISTERED CHARITY NUMBER: 1029166 Re ort of the Trustees and Unaudlted Flnanclal Statèmènts for the Year Ended 31st March 2021 for Brandon Prè-sthool Pla rou TWR Accountants The Old Reglstrars 573 HSgh Street Brandon Suffolk IP27 OAU

Brandon Pre-school Pla rou Contents ol the Financlal Stat men rthè ar ended 31st March 2021 Page Report ol the Trustees Independent Examiner's Report Statement of Financial A¢tivltles Balance Sheet Note5 to the Financi41 Statements S to 9 Detailed Statement of Flnanciè1 Artivltles 10 to 11

iandon Pre-sch.ool Playts rou Re ort of the TrtEStèes foi the ar ended 31st March 2021 The trusiees present their report wKth the financial statements of the charity for the year ended 315t March 2021. The trustee5 have adopted the provisions of Accounting and Reporting by Charitie5.' Statetnent of Recommended Pr3Ctkce applitable to charities preparing their accounts in accordance wilh the Fin3nci31 Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191. STRUCTURE. GOVERNANCE AND MANAGEMENT Governin& dDcument The charity is controlled by its governin8 document, a deed of tTU5t, and ¢onstItteS an unincorporaled charity. Risk management The tru5tEe5 have a duty to identify 3nd review the risks to which the charity charityis exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charlty number 1029166 Principal address The Brandon Centre Bury Road Brandon Suffolk IP27 ObQ Trustees L Boone C Goldstone R Connor A Corciulo C Taylor L Smith P Kontoudi Independent Examiner Patrick 5mlth FCCA TWR Accountants The Old ReBlStrars 570 High Street Brandon Suffolk IP27 OAU Approved by order of the board of trustee5 on and signed on Its behalf bv.. L Boone- Trustee Page I

Inde endent Examlner's Re ort to the Trustees ol Brandon Pre-school Pla rou Independent e¥amlner'5 report to the trustees of Brandon Pre-school Playgroup I report to the charity trustees on my examination of the accounts of Brandon Pre-school Playgroup Ithè Trust) for the year ended 31st March 2021. Responslbllities and basTs ¢f opgrt A5 the charity trustee5 01 the Trust you are r85ponsible for the preparation of the accounts In accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect Df my examination of the Tmst's accounts carried out under sertion 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Cornmi5sion under sectlon 14515llbl of the Act. Independent èmamtner's statement I have completed my examination. I confirm that no material matters have come to my attention in connectic*n wlth the examination grvin8 me cause to believe that in any mèterial reSPt.. accounting records were noi kept in respert of the Trust as required by Section 130 of the Act,. or the accounts do not accord with those record5,' or the accounts do not comply with the applicable reqU1ments concerning the form and content of accounts set out in the Charities (Accounts and Reportsl Regulations 2008 other than any requirement that the accounts give a true and falr view which is not a matter considered a5 Part of an independent examination. I have no concerns and have ¢orne across no other matters in connection wlth the examination to which attention Should be drawn in this report in order to enable a proper understanding of ihe accounts to be reached. Patrick Smith FCCA TWR Accountant5 The Old Re8istrars 57a High street Brandtjn Suffolk IP27 OAU Date= Page 2

Brandon Pre•school Pla rou Statemènt of Financlal Actlvltles for the ear ended 315t March 2021 2021 Unre5trlcted fund 2020 Total fL5nds Note5 INCOME AND ENDOWMENT5 FROM Donations and leEacie5 129,507 135,131 other trading artivities Investment income 125 103 25 Total 129,532 135.359 EXPENDITURE ON Raising funds Raising donations and legacies 127,805 135.141 127,805 135,141 Other 20.S43 27,029 Total 148,Y18 162,170 INCOMEIIEXPENDITUREI 118,8161 126,8111 RECONCILIATION OF FUNOS Total funds brought forward 78.689 105,500 TOTAL FUNDS CARRIED FORWARD 59,873 78,689 The note5 forrn part of these financial statement5 Page 3

Brandon Pre4chool Pla rou Balance Sheet 31st March 2021 2021 Unrestricted fund 2020 Totsl funds Note5 CURRENT ASSETS Cash at bank and In hand fj4A65 79,229 CREDITORS Amounts falling due within one year 14,5921 15401 CURRENT ASSErs 59,873 78,689 TOTAL ASSETS LESS CURRENT LIABILlEs 59,873 78,689 NA$sErS 59,873 78,689 FUNDS Unrestricted funds 59.873 78,689 TOTAL FUNDS 59.873 78,689 The flnanclal statements were approved by the Board of Trustees and authori5ed for Issue on nd were signed on it5 behalf by: C Goldstone- Trustee The notes form part of these financi31 statements Page 4

Brandon Pre-school PlaJ rou Notes to the Flnanclal Statement5 for th ar ended 31st Marth 2021 ACCOUNTING POLICIES Basis of preparlng the financlal statements The financial statement5 of the charity, which 15 a public benefit entlty under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charitie5'. Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic ol Ireland IFRS 1021 lellective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Aci 2011. The financial statement5 have been prepared under the historical cost convention. Income All income is recogni5ed in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recogni5ed as exponditure as soon as there is a legal or constrvclive obligation committing the charily to that expenditure. il is probable that a transfer of economic benefits will be required in settlement and the amDunt of the obligation can be measured reliably. Expenditure 15 accounted for on an accruals basis and ha5 beèn classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have bÈen allocated to activlties on a basis tonsistent with the use of resources. Taxatlon The charity 15 exempt fronTr tax on Sts charitable activities. Fund a¢¢ountlng Unrestricted funds can be used in accordance with the charitable objectives at the di5cfEtion of the trustèes. Restricted funds can only be used for particular restricted purposè5 Wlthin the objects of the charliy. Restriction5 arise when specified by the donor or when funds are Tai5ed for partiCLJlaT restricied purposes. Further explanation of the nature and puipose of each fund is included in the notè5 to the financial statements. Pension cost5 and other post-retSremènt benefit5 The charity operates a defined contribution pensirln scheme. Contribution5 payable to the charity'5 pension scheme are charged to the Statement of FÉnancial Activitles in the perlod to which they relate. OTHER TRADING AcfiviTIES 2021 2020 Fundraising events 125 Page 5 continued...

B andgn Pre-sthool Pla rou Notes t for the Flnancial Statempnts- contlnued ar ended 3 March 2021 NVESTMENT INCOME 2021 2020 Bank interèst 25 103 TRUSTEES. REMUNERATION AND BENEFITS There were no tru5tee5' remuneration or other benefits for the year ended 315t March 2021 nor for the year Ènded 31st March 202LI. Trustees, expenses There were no tru5tees' expenses pald for the year ended 31st March 2021 nor for the year ended 31st Marth 2020. STAFF COSTS 2021 2D20 Wages and salaries Other pènsion costs 113,126 1,2Z2 117.751 1,720 114,348 119,471 The average monthly number of èmployees during the year was as follows- 2021 li 2020 li General No employees received emoluments In excess of £60.000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacie5 135,131 Other trading 3Ctivitie5 Investment income 125 103 Total 135,359 ExPENDuRE ON Raisin8 funds Raising donations and legacles 135,141 13S,141 Other 27,029 Total 162,170 Pa8e 6 continued..

Biandon Pre-school Pla rou Notes to the Financial Statements- continued for the ear ended 31st March 2021 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES- contlnued Unrestricred fund NET INCOMEJIEXPENDITUREI 126.8111 RECONaLIATION OF FUNDS Total funds brought forward 105,500 TOTAL FUNDS CARRIED FORWARD 78,689 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 20ZI 2020 Social security and other taxes Other creditor5 Accrued expenses 3.670 370 552 540 4.592 540 MOVEMENT IN FUNDS Net movement in funds At 31.3.21 At 1.4.20 unrtrIcted funds General fund 78.689 118,8161 59.873 TOTAL FUNDS 78,689 18,8161 59,873 Nèt movement in f¢Jnds, induded in the above are as follow5.. Incoming resources Resources expended Movement in funds Unrestricted fund5 General fund 129.532 1148,3481 118,8161 TOTAL FUNDS 129.532 1148,3481 118.8161 Page 7 continued...

Brandon Pre-sc ool Pla rou Notes to the Flnancial Statemen continued for th ar ended 31st March 2021 MOVEMEKf IN FUNDS- continued Comparatives lor movement in furtds Net movemènt in funds At 31.3.20 At 1.4.19 Unrestrirted fuhd$ General fund 105,500 126,8111 78,689 TOTALFUNDS 105,500 126,8111 78,689 Comparative net movement In fund5, induded in the above are as follows.. Incoming resources Resources expended Movement In funds Unrestrirted funds General fund 135,359 1162,1701 126,8111 TOTALFUNDS 135.359 1162.1701 126,8111 A current year 12 months and prior year 12 months combined position is a5 follows: Net movèrnent in funds At 31.3.21 At 1.4.19 Unrestricted funds General fund 105.500 145.6271 59,873 TOTAL FUNDS 105,500 145,6271 59,873 A current year 12 months and prior year 12 months combined net rnovement in funds, Included in the above are as fo11ow5- Incoming resource5 Resources expended Mtsvement in funds Unrestrlcted funds Gèneral fund 264,891 1310.518) 145.6271 TOTAL FUNDS 264,891 1310,5181 145,6271 Page 8 contrnued...

Kandon Pre4chool Pl rou Notes to the Financlal 5tatements- continued for the ar ended 31st March 2021 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31st March 2021. Page 9

Brandon Pre4cho I Pla rou ialled statement of Flnancial Ivltles for the ear ended 315t March 2021 2021 2020 INCOME AND ENDOWMEMf5 Donations and lègacie5 Suffolk CC Érant Fee Income Other income Lunch Club 112,218 21,392 1,404 117 111,216 17,264 1.027 129.507 135,131 Other trading activities Fundraisin8 evènt5 125 Investment Income Bank interest 25 103 Total Incoming rèsources 129,532 135,359 EXPENDITURE Rai51ng donatlpns and leEades WaBes Pènsion5 Equipment and materials Servicè charges Trlps and excursions 113.126 1,222 5,151 8,306 117,751 1,720 6,313 8.021 1,336 127,805 135,141 Support costs Management Rates Telephone Computer expense5 Repair5 and renÈwals Sundries Subs and insurancè Training 388 1,346 18,388 104 2,893 I,ioo 377 1,350 12,789 2A29 1.113 477 18,648 24,596 Finante Bank Charge5 121 203 Governanee costs Accountancy 570 552 This page does not form part of the statutory financlal statements Page 10

Brandon Pre.school Pla rou Detailed 5tètement of Financlal Activltles for the ear ended 31st March 2021 2021 2020 Govèrnance costs Broughi forw3rd Prole.5sional fee5 DBS checks 570 903 301 552 1,050 628 1.774 2,230 Total resources expended 148,348 162,170 Net expenditure 118,8161 126,8111 This pagè doe5 not form part of the statutory financial statements Page 11