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2024-07-31-accounts

WEST KINGSDOWN PRESCHOOL TRUSTEES ANNUAL REPORT 2022

Section 1 Legal and Administrative Information

West Kingsdown Preschool School Lane West Kingsdown Kent TN15 6DY

Charity No. 1029575

Current Trustees

Current Trustees
Mrs Susan Brown Chairperson
Sophie Brixey Treasurer
Emma Brown Secretary
Michelle Blackaby Trustee
Jenna McBain Trustee
Michelle Martin Trustee
Charlie Foreman Trustee
Kim Watson Trustee
Paige Williams Trustee
Carol Jackson Trustee
Laura Kench Trustee
Joanne Hull Trustee

The constitution is that of the Pre-School Learning Alliance.

We adopted their new 2011 constitution at the general meeting in January 2012.

Our main aims and objectives are as follows:

  1. To enhance the development and education of children under the statutory school age in a parent involved community-based group.

  2. To provide a safe, secure and stimulating environment.

  3. To work within a framework that ensures equality of opportunity for all children and families.

Details of our bankers and accountant are as follows:

CAF BANK, 25 Kings Hill Avenue, Kings Hill, West Malling, ME14 4TA

R.K.Lawrence: Accountant, 94 Brook Street, Erith, Kent. DA8 1JF

Section 2 Activities and Achievements

We began this year with a small financial reserve, carried from previous years’ successes. We have made a profit this financial year of £35,302.

We had a very busy year this year with a few nurseries closing down around us, we saw our numbers increase which meant we had to open our Old School building earlier than usual to cater to the increase in numbers. We obtained a bronze award for the ‘Early years Education for Sustainable Development Award’ and had all our staff complete their Paediatric first aid training with four members of staff completing their DSL training.

We took the children on many trips outside of the preschool this year including a trip to Eagle Heights which is a wildlife foundation consisting of many birds of prey and mammals, the children watched a flying display and saw a variety of mammals including meerkats, African servals, farm animals, huskies and more. We also took the children to the local woods, village shops, library, local park and to the community cupboard which is the village foodbank.

We continued our fundraising efforts this year focusing on the sponsored bike ride at the race, Brands Hatch where the children are invited to come along with a bike or scooter and get sponsored, per lap of the go kart circuit. We also have a stall at the local village summer fete and a stall at the local primary school’s Christmas fayre, all funds raised go directly back to the preschool for much needed play equipment for our garden.

We continue to build a very good relationship with the local primary school, St Edmunds, with them inviting us over to attend their circle of light to raise money for the Samaritans and for story time with Santa. We also converse with them a lot about children leaving us to go to them in the new academic year with them, with the teachers visiting us and meeting the children and them providing our children with settling sessions.

We took on 1 Apprentice this year within the government scheme and this has proved to be very beneficial to our setting giving current staff extra support and giving them the chance to become mentors. She is still currently in training and is looking to complete their apprenticeships by September when she will become keyworker and have her own key children.

We continue to accept children on all types of universal and increased government funding and have been able to offer these places in an unrestricted pattern

We have continued with a program of ongoing and increased training. Since Covid we are seeing an increasing need of speech and language delays in children coming through our doors and an increased level of SEN, therefore the majority of our staff completed an autism awareness course and extra SEN related courses.

We are going in to 2024-2025 with healthy reserves. Although we have big concerns regarding increased staffing cost of pensions, minimum wage and employer national insurance, increase of bills, rent, typical overheads ect and upcoming extra funding from the government which would mean the setting losing money as all children would be entitled to funding at a rate which is much lower than we charge per hour and the local councils making it harder for us to charge for extras like consumables meaning we cannot charge for snacks ect and this all needs to be paid by us. We also have concerns sue to a new day nursery opening up in the village. We endeavour as always to keep costs down as much as possible and fund projects by our fundraising efforts. With our main aim, as always, to be of service to the local community.

Section 3 Declaration

The Trustees have approved the Trustees’ report above.

Signature: S K Brown

Full Name: Susan Brown

Position: Chairperson Date: 6th June , 2025

WEST KINGSDOWN PRE SCHOOL Income and Expenditure Account For the Year to 31st July 2024

2024 2023
INCOME
Rental Income (Note 1) 0 0
Fees Received 49012 40115
Photographic Commission 0 0
Donations 1803 968
Bank Interest 852 376
Fund Raising Activities (Note 2) 5052 2668
Grants (Note 3) 168789 146571
Sundry (Note 4) 1178 223
_____ _____
£ 226686 £ 190921
_____ _____
EXPENDITURE
Rent & Rates 4343 3331
Light & Heat 1649 1312
Wages 165004 153512
Small Equipment 98 240
Large Equipment 3754 2603
Administrative Expenses 266 1450
Insurance 0 895
Milk/Biscuits Less Rebate 0 29
Telephone 1174 1048
Consumable Play Materials 10922 8169
Sundry Payments 1670 443
Bank Charges 60 77
Courses 926 957
Charity 3 0
Bldg Repair/Improvements 1242 15318
Fundraising Costs 273 0
_____ _____
£ 191384 £ 189384
_____ _____
Deficit/Surplus for the Year £ 35302 £ 1537
_____ _____

WEST KINGSDOWN PRE SCHOOL

Balance Sheet as at 31st July 2024

FUNDS EMPLOYED
Accumulated Fund
Deficit/Surplus for Year
£
Current Assets
Milk Rebate Outstanding
Cash at Bank
Caf Deposit
Cash
Current Account
Less Creditors
£
2024
2023
98377
96840
35302
1537
_

133679
£
98377

_
0
0


0
0
29037
28337
860
912
105932
71278
135829
100527
2150
2150
133679
£
98377
2023
96840
1537
_
98377

0

0
28337
912
71278
2023

I have examined the relevant books and documents of the West Kingsdown Pre-School Playgroup Association and in my opinion the published Accounts represent a true and fair view of the financial position as at the 31st July 2023

ACCOUNTANT:

R K Lawrence & Co CHAIRMAN: Accountant Mrs Susan Brown 94 Brook Street Erith TREASURER: Kent DA8 1JF Miss Sophie Brixey

WEST KINGSDOWN PRE SCHOOL

Note 1 Rental Income
Parties & Toddlers
Note 2 Fundraising
Photo Commission
Fundraising
Note 3 Grants
AR Collaberation
Education & Skills
KCC Quality payment
Apprenticeship Grant
Note 4 Sundry
Sundry
Training
Clothing
Account Notes
£
£
£
2024
0
£
153
4899
5052
£
780
0
167009
1000
168789
£
119
250
809
1178
2023
0
140
2528
2668
322
0
146249
0
146571
2023
0
140
2528
2668
0
0
223
223

WEST KINGSDOWN PRE SCHOOL Income and Expenditure Account For the Year to 31st July 2024

2024 2023
INCOME
Rental Income (Note 1) 0 0
Fees Received 49012 40115
Photographic Commission 0 0
Donations 1803 968
Bank Interest 852 376
Fund Raising Activities (Note 2) 5052 2668
Grants (Note 3) 168789 146571
Sundry (Note 4) 1178 223
_____ _____
£ 226686 £ 190921
_____ _____
EXPENDITURE
Rent & Rates 4343 3331
Light & Heat 1649 1312
Wages 165004 153512
Small Equipment 98 240
Large Equipment 3754 2603
Administrative Expenses 266 1450
Insurance 0 895
Milk/Biscuits Less Rebate 0 29
Telephone 1174 1048
Consumable Play Materials 10922 8169
Sundry Payments 1670 443
Bank Charges 60 77
Courses 926 957
Charity 3 0
Bldg Repair/Improvements 1242 15318
Fundraising Costs 273 0
_____ _____
£ 191384 £ 189384
_____ _____
Deficit/Surplus for the Year £ 35302 £ 1537
_____ _____

WEST KINGSDOWN PRE SCHOOL

Balance Sheet as at 31st July 2024

FUNDS EMPLOYED
Accumulated Fund
Deficit/Surplus for Year
£
Current Assets
Milk Rebate Outstanding
Cash at Bank
Caf Deposit
Cash
Current Account
Less Creditors
£
2024
2023
98377
96840
35302
1537
_

133679
£
98377

_
0
0


0
0
29037
28337
860
912
105932
71278
135829
100527
2150
2150
133679
£
98377
2023
96840
1537
_
98377

0

0
28337
912
71278
2023

I have examined the relevant books and documents of the West Kingsdown Pre-School Playgroup Association and in my opinion the published Accounts represent a true and fair view of the financial position as at the 31st July 2023

ACCOUNTANT:

R K Lawrence & Co CHAIRMAN: Accountant Mrs Susan Brown 94 Brook Street Erith TREASURER: Kent DA8 1JF Miss Sophie Brixey

WEST KINGSDOWN PRE SCHOOL

Note 1 Rental Income
Parties & Toddlers
Note 2 Fundraising
Photo Commission
Fundraising
Note 3 Grants
AR Collaberation
Education & Skills
KCC Quality payment
Apprenticeship Grant
Note 4 Sundry
Sundry
Training
Clothing
Account Notes
£
£
£
2024
0
£
153
4899
5052
£
780
0
167009
1000
168789
£
119
250
809
1178
2023
0
140
2528
2668
322
0
146249
0
146571
2023
0
140
2528
2668
0
0
223
223