SOUTH BREThON PRESCHOOL Charity Commission Registered No: 1029295 ANNUAL REPORT AND ACCOUNTS For the year ended 1st August 2024
South Bretton Preschool Trustee Annual Report st For the year ended l August 2024 The trustees present their report and independently examined flnancial statements for the year ended 1st August 2024. Reference and Administrative Details: Registered Name.. South Bretton Preschool Charity No: 1029295 Operational Address: Nova Prlmary Academy Middleton South Bretton Peterborough PE3 9XJ Trustees at date of Report: Chair Others Chloe Sansby Kaylelgh Burdis Chloe Fovargue Klrsty Howard Kyra Wilder Zandile Wieckowski Other Trustees who served in the year: Izabele Chvatkove Egle Willmott th Left 13 November 2024 Left 1st March 2025 Bankers., Lloyds Bank PIC Independent Examiner: Mark Bedford MJ8 Flnancial Ser¥ices 11 Belton Road Stanground Peterborough PE2 8UU Structure Governance and Management This is a membership organisation governed by the model Preschool Learning Alliance Constitution th 2011, which was adopted at the Annual General Meeting held on 6 November 2019. Members can be parents or guardians of all children who attend playgroup or other interested individuals approved by the Committee, Committee member5 are appointed / confirmed at the Annual General Meeting. All Committee members give their time on a voluntary basis and receive no remuneration or other benefits.
South Bretton Preschool Trustee Annual Report For the year ended I" August 2024 Objects and Actlvities The aims of the Preschool 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.. Offering appropriate play, 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. {bl Encouraging the study of the needs of the children and their familles and promotlng publlc interest in and recognition of such needs in the local areas. Ic) Instigatin8 and adhering to and furthering the aims and objects of the Preschool Learnlng Alliance. Publlc benefit The committee and staff at South Bretton Preschool have regard to Charity Commission guidance on public benefit when setting objectives and planning actlvities. All children are eligible for Nurserv Education Funding, which is provided by the Local Authority, the term after they become 3 years old. Fees are charged for children who attend between the ages of 2 and 3 but these are kept as low as possible so that our childcare is affordable for all familles usin8 our servlce. We direct our families to other groups in the area to support friendships. Achlevements and Performance South Bretton Preschool has had a good year, filled with lots of activities, fun, and learning opportunities for both the children and the staff. At the start of the year, when we were only able to use part of our garden due to building work done, we took the opportunity to overhaul the garden. We donated some of our equipment to our local school and other Preschools. We also went on a trip to Safari Play, a soft play centre, to give the children time to explore in a larger space. We had time to chat freely with the parents that came, which helped to build the relationships between parents and staff. In December we held a Christmas Fayre, which included a tombola, festive treats, and the opportunity for children to purchase food for the reindeer when they visited on Christmas Eve, From April the children were able to enjoy the extra space with its climbing equipment and more room to spread out. The staff and committee have attended a range of training courses including first aid, workstation and work baskets, speech and language development, glue ear management, Maths, cultural inclusivity and autism.
South Bretton Preschool Trustee Annual Report For the year ended I" August 2024 We have taken part in World Book Day, Children in Need and Red Nose Day. In July, we had the ducklings in again. The children were able to watch six eggs hatch and grow in an incubator. The children loved watching them swim and splash in the sink and eat. We also had caterpillars that the children watched grow and transform into butterflies, until they were released. In July we were able to go on a Preschool trip for the first time since 2019, taking a coach to Hamerton Zoo. The children and families enjoyed thelr day out, watching the bears roam their enclosure, and feeding the goats. This outing was a great way to end the year before some of the children went to school. We are continuing our My Smile teeth cleanlng programme. Children who attend all day clean their teeth in the afternoon. The children are enthusiastic and happlly come when called. My Smile gave us an accreditation, which we were happy to receive, recognising our hard work in maintaining a healthy teeth Preschool. On top of this, we continue our daily actlvities, such as Five-mlnute Math5 and Phonics. Thls year we changed to the Read Write Ink programme to teach the children phonic letter sounds, using resources from the school. This will give children some knowledge of the letter sounds before they start school. We continue to have many chlldren with addltlonal needs, and we work closely wlth parents to navigate the challenges and concerns they have. We have completed Early Help Assessments and Education plans to help the children get extra 5UPPOrt for when they transition to school. Our Senco has attended network evenings to stay informed, hear about new strate8ie5 and listen to speakers who give advice. We work with the Early Years team from the local council, educational psychologists, speech therapists, teachers of the deaf and staff from schools near to our setting. At the end of the year, we received our Early Years Foundation Stage Profile results and were proud to see how well our children performed upon startlng school. Our results were above the expected averages acr055 Peterborough in all seventeen areas covered and they were rated above average nationally too. Reserves Reserves act as a cushion for any loss of income and unforeseen situations. Throughout the year, the charity'5 reserves remained above the minimum threshold of £53,683, This reserves level 15 calculated based on the amount required to cover statutory notice periods, redundancy payments, and one month's operating expenses. Flnancial Review As a small charity. the statutory accounts are prepared on a Receipts and Payments basis. For the financial year ending on 1st August 2024, the accounts show a surplus of £9,781, compared to a surplus of £4,236 in the previous year.
South Bretton Preschool Trustee Annual Report For the year ended 1° August 2024 Income from NEF Funding and fees increased by £9,368 (7%) compared to the previous year, contributing to an overall income increase of £8,962. Total costs rose by £3,416, with the most notable increases in Resources. Staff wages saw an increase of £1,003, despite a significant increase in the National Minimum Wage. This limited increase in staff costs was due to the resignation of one employee in August, whose position has not been filled, resulting in a reduction of 30 staff hours per week. The annual insurance premium of £1,553 remained outstanding at year-end, and therefore, it is not reflected in the Receipts and Payments accounts. The final cash balance at the close of the financial year was £111,756. This Report has been approved by the Trustees and has been signed on their behalf by: Signature.. Full Name.. Date..
SOUTH BRETfoN PRESCHOOL Registered Charity No: 1029295 RECEIPTS AND PAYMENTS FOR THE FINANCIAL YEAR ENDING 1ST AUGUST 2024 UNRESTRICTED FUNDS THIS YEAR TOTAL FUNDS LAST YEAR RECEIPTS NEF Funding Other Fundln8 Fees Bank Interest Other Income Donations and Grants Fund Ralslng 130,694 2,520 4,669 121,378 3,418 4,259 45 238 148 TOTAL RECEIPTS 138,166 129,204 PAYMEN Wages inc Inland Revenue payments Training Total Other Staff Costs Resources Premises Consumables Other Costs Bank Char8es Professional Fees Admlnistratlon Costs Governance Costs Fundraisln8 (103,221) (485) (558) (8,242) (5,972) (1,770) (908) (89) (6,022) (1,058) {59) (102,218) {736) {298) {5,286) {5,206) (1,563) {3,318) (85) {5,288) {917) (52) (i) TOTAL PAYMENTS {128,3841 (124.968) Net of Receipts/(Payments) 9,782 4,236 Balance b/fwd 101,974 97,738 Balance c/fwd 111,756 101,974 Pa8e I
SOUTH BRETfoN PRESCHOOL Registered Charity No: 1029295 STATEMENT OF ASSETS AND LIABILITIES AS AT 1ST AUGUST 2024 UNRESTRICTED FUNDS THIS YEAR TOTAL FUNDS LAST YEAR CASH FUNDS Lloyds Bank Petty Cash 111,740 16 101,929 45 Total Cash Funds 111,756 101,974 OTHER ASSETS LIABILITIES Early Years Alliance - Insurance Independent Examlner (1,553) 1120) 1,673 l approve the Receipts and Payments Accounts set out on page l and above and confirm that all relevant records and information has been made available for their preparatlon. Signed on behalf of the Trustees: Signature clJo.e...S.or69 Name NOTES l. One trustee was reimbursed £38.00 for a health declaration required by Ofsted. Pa8e 2
This Independent Examlner5 report relates to the accounts of SOUTH BRErroN PRESCHOOL Charity Commission Registered No: 1029295 Accounts are prepared for the year ended ISE Au8USt 2024 Res ectlve res nslbllltles of tNstee5 and examlner The charity's trustees are responsiblelorthe preparation of the accounts. The charlty'strustees conslderthat an audlt is not required for this year under sectlon 144{2) of the Charities Act 2011 {the 2011 Act) and that an independent examinatlon Is needed. It is my re5ponsiblllty to.. examine the accounts under section 145 of the 2011 Art. to follow the prOdureS lald down In the general Dlrectlons given by the Charity Commlssion under section 145(5llb) of the 2011 Art; to state whether partlcular matters have come to my attention. Basls of Inde ndent examlnerfs statement An examination Includes a review of the accounting records kept by the charlty and a comparlson of the accounts presented wlth those records. It also includes consideration of any unusual items or dlsclosures In the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provlde all the evidence that would be required in an audlt and consequently no opinion Ls given as to whetherthe accounts present a 'true and falr vlew, and the report15 Ilmlted to those matters set out In the statement below. Inde nd nt examl s statement In connection wlth my examlnation, no matter has come to my attention: 111 whlch gives me reasonable cause to believe that in any materlal respect the requlrements: to keep accounting records In accordance wlth sectton 130 of the 2011 Act; to prepare accounts which accord wlth the accounting records and comply with the accounting requlrements of the 2011 Act have not been met; {2) to which, in my opinion, attentlon should be drawn in order to enable a proper understanding of the accounts to be reached. Slgned Date Mark Bedford MJB Financial Services 11 Belton Road Stanground Peterborough PE2 8UU