## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 01 09 2019 **To** 31 08 2020 ## Section A Reference and administration details **Charity name Other names charity is known by Registered charity number (if any)** 1029607 Bubbles Preschool (Bicester) **Charity's principal address** Southwold Community Centre Holm Way Bicester, OXON **Postcode OX26 3UU** ## **Names of the charity trustees who manage the charity** |1
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**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Alexandria Mills|Chair||| ||Ann Cadle|Vice Chair||| ||Louise Passfield|Secretary||| ||KatyJordan|Treasurer||| ||Natalie Alexander|||| ||Chris Alexander|||| ||Harriet Thompson||From November 2019|| ||KatyGore|||| ||Jennifer Salkeld||From November 2019|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** **TAR** October **2020** ## **Names and addresses of advisers (Optional information)** **Type of adviser Name Address** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Pre-school Learning Alliance Model Constitution 2008 Type of governing document - (eg. trust deed, constitution) Trust How the charity is constituted - (eg. trust, association, company) Election from membership Trustee selection methods - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **Summary of the objects of the charity set out in its governing document** The aims of the Pre-School are to enhance the development and education of children primarily under statutory school age and to work with parents to help them understand the needs of their children. **TAR** October **2020** **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** The Pre-School provides flexible (3 hour, 5 hour or full day) educational sessions for children aged 2 yrs 6 months to 5 yrs old, during normal school term time. We believe in helping young children develop into confident individuals by providing a wide range of practical and fun activities to inspire them to investigate, explore, learn and have fun. We have also organised several fundraising events, such as a Sponsored walk, Virtual Fun Run, cake sale and raffle. These events and other activities throughout the year, help us to raise money for new resources at Bubbles. ## **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. ## Section D Achievements and performance The Pre-School has provided high quality early education and child care **Summary of the main** for children aged 2 yrs 6 months to 5 yrs old, over a period of 38 weeks, **achievements of the charity** during normal school term time. **during the year** We have also offered additional one to one support to young children with special needs. We have supported the training and development of staff members to enhance their knowledge and understanding and so improve the service we can offer the families we work with. We have worked hard to improve communication with our families, believing that building strong bonds between Bubbles and home significantly improves the quality of service we provide for both our children and their families. We now have an active facebook closed group, and all our families are linked to us via our on line learning journal, Tapestry. From March - June 2020 we were forced to close during the Coronavirus pandemic. During this time we supplied home learning packs to all our families and kept in touch via a weekly newsletter, Tapestry, email, face book and telephone. For our more vulnerable children, we provided extra support in the form of food parcels and targeted learning resources. Fundraising efforts enabled us to purchase two staff laptops, new climbing equipment, pay for visits from outside companies, subside a school trip and provide fresh and exciting activities throughout the year. **TAR** October **2020** **Section E Financial review** ~~a~~ **Brief statement of the** **charity’s policy on reserves** We have a contingency fund to cover the costs of staff redundancies and 2 months running costs. Any additional reserves are used for any of the following, to cover fluctuations in demand / income, supporting children in the setting with special needs, funding staff training and for a possible relocation fund. **Details of any funds materially in deficit** ## **Further financial review details (Optional information)** Our main income comes from the Nursery Education Funding provided by the government for all 3 and 4 year olds. We also receive funding for some 2 year old children on our roll. The next main source of income is fees paid by parents for any non-funded sessions. You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); The committee and staff also work hard fundraising throughout the year to help supplement this income so we can provide the best service possible to our children and their families. - how expenditure has supported the key objectives of the charity; - We are relieved that through hard work and financial diligence, we have - of the charity; now recovered from our 2016/2017 financial losses. We have kept our - • investment policy and admissions high in order to maximise the funding we receive and track objectives including any our budget carefully to ensure financial security. ethical investment policy adopted. Thankfully, throughout our closure due to Covid-19, we continued to Thankfully, throughout our closure due to Covid-19, we continued to receive funding from our local authority, as if we were open. This coupled with the community centre freezing our rental payments have helped us achieve another small profit this year. The next financial year is looking very uncertain and we are unsure how Covid-19 will affect us operationally and financially. We will therefore use the unexpected profit this year to carry us through any financial difficulties we experience next year. ## ~~ee~~ **Section F Other optional information** ~~a~~ **Section G Declaration** ~~|~~ **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Katy Gore ~~ee~~ A **Position (eg Secretary, Chair,** Committee Member & **etc)** ~~e~~ Administrator ~~e~~ **Date** 14 October 2020 ~~PO~~ **TAR** October **2020** **TAR** Bubbles Preschool Financial Statements for the Year ended 31 August 2020 Bubbles Preschool Notès forming part of the financial statemgnts Year ended 31st August 2020 Note It is the policy of the pr8school to bvrite off all èxpenditure on equipment in the year ol purchase. There were no large items ol equipment purch858d In the year. Al the balance sheet dale the c05t of equipment in use 15 approximately £23,785 and is insured to cover this amount. Note At 31st August 2020 there was no funding ￿￿Ved in advanc8 of the ac8demic year cornmèncing September 2020. Nole Current accounts are held at Lloyds and HSBC. both in Sheep Street. Bicester. The deposit a¢counl is With the Coventry Building Sociely, Sheep Street, Bicester. Note Al 31st August 2020 there exist$ £256.50 of credit ￿laty"ng to coronavirus dosure Note The followng suppliers had nol b8en paid at 31st August 2020". HMRC £1853.01 PAYEINI ￿ April, May. June, July, Augus¢ 2020. 8ubbi•s Pr8sch¢)ol Assets and Liabilitlos Year tr￿d￿ 31st Avgust 2020 Notes 2020 2019 2018 Curr•nt A88ets Current Accounts- Lloyd5 TS8 Current Accounts- HSBC Dewsit Account- Coventry 8uildiThJ Soaety Cash In hand OCC Funds received in advance Note 3 Note 3 Note 3 3,147.41 30.424.57 43.988.06 o.oo o.oo 77,5eO.04 8632.51 13506.15 42963.74 3.232.57 26.407.23 41.691.22 Note 2 -14,558.78 56.772 24 65102.4 FInan￿d by- Caprtal Account Balance brought lO￿ard d net irthme forth8 year 65.102.40 12.457.64 56772.24 8330.16 45,940.36 10.831.88 77.560.04 651024 $6,772.24 CERTIFICATE OF APPROVAL We approve the Financial S181ements s&t out on pages 1 10 2 and confim that we have made available all relevant ￿¢ordS and infomiation lor their preparatKJn. Signed." Chairperson on behalf of the Committe8 Date". Bubblos Pf•school In¢om8 & Expondltur• Account Y•ar End￿ 31*t August 2020 Nolo5 2020 2019 2018 INCOME Fees from Parents NEF Fundin9 from OCC 2yr (Yd Fundi SEN Funding Oiher FundiThJ from OCC EYPP Funding Note 4 N)10 2 9,279.00 100,576.19 5.9?8 48 6.352.50 602 55 3.586.40 12.431.00 91.530 16 8,412.48 0.00 765.00 1.680.00 10.511.79 94.342.16 4.007 $2 154 00 892.00 1.21200 126,325 12 114.818.64 110,919.47 F￿drai￿n9 N81 of F￿ndituTe FundraisrvJ- G8r*r¥l Fundraising- sweatshirt￿ T-slirts Inc£ffie FundrdiSing- Trip￿ Panto F￿￿raisIng- Photos l T-Tow8lslXmas FundrarAng- Sponsorad Event 846.89 44.07 -155.25 49.16 1.752 92 $12.54 12850 4350 116.69 726.16 815.00 104.SQ -24.50 16826 651.57 2.249.65 1.400.39 1.714.83 Refund for Cfedil Invoir Milk Refvn 8ank Interest Rewvtd Grants r￿1¥8￿105$ expenses Donation Received 120.28 10315 324 32 400.00 2.306 (KJ 224 93 180.37 272 52 400 487 82 4.10 154.43 11832 1.437 47 3,253.75 1.565 64 1,734 32 131.828.52 117,784.67 114.368.62 EXPÈNDITURE 9,559 45 89,835 72 4,618 53 822.72 158.00 1.682.10 7199 1,e84.21 2,771.30 4.445 35 103 15 2945 5033 685 78 198.02 3766 51581 482 14 12088 4968 578 50 455 89 41424 0.00 12.539 80 83.127 81 4.494.67 748 52 156.00 1.662.40 7200 345.e3 1.521 32 2,251 82 166 85 18.62 51 18 389.e1 258 10 31.69 455 24 229.01 8959 9.18 632.78 253 69 4900 000 12,630 80 78,953 81 3.507.40 711.64 156.00 1.5S8 80 9250 463.80 799.7S 2.830.41 15S43 3294 46.60 249 27 164 68.16 548.46 343.57 5229 6.75 6940 Wages HMRC Insurance Regi$irabon Accourilir Bank Charges & Inl8Msl Nota 5 Pension Re50Urt6s Snack Refrtshments c￿a￿lI¥j Slalion¢ry Postage Printing {photO810)pierl Phone D8S Mil?age Training Unifonn fer Stslf Gifts SuThlry 0.00 119.370 88 109.454.51 103.536 74 ExG•s8 of In¢ome tsvor Exp•ndiiuro 12,457 64 8.330 16 10.831.88 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteèsl members of Bubbles Preschool (BI￿ster On accounts for the year ended 31" August 2020 Charity no (if any) 1029617 Set out on pages 1 to3 I report to the trustees on my examination of the accounts of the above charity 1.the Trust.) for the year ended 3110812020. Rasponsibilitios and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordan￿ with the Charities Act 2011 {'the ACV). 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 all the applicable. Directions given by the Charity Commission under seclion 145151{b} of the Act. Independent examinerfs ststement I have completed my examination. I confim 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 récords were not kept in accordance with section 130 of the Act., or the accounts did not accord with the accounting records.. or the accounts did not comply with the applicable requirements concerning the form and content of accounts sel out in the Charities {Accounls 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. I have no concems 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: Name: Relevant professional qualification(sl or body lif any): Tel: 01869 2779n i Fax 01869 278636 Address: 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 details of any items that the examiner wishes to disclose. CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinef s Report Report to the trusteesl members of Bubbles Preschool (Bicester On accounts for the year end¢d 31" August 2020 Charity no {if any) 1029617 Sot out on pages 1to3 I report to the trustees on my examination of the accounts of the above charity {'Ihe Trust") for the year ended 3110812020. Responsibilities and As the charity trustees, you are responsible for the preparalion of the basis of report accounts in accordance with the Charities Act 2011 1 the Acl"}. I report in respecl 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 all the applicable. Directions given by the Charily Commission under section 145{51(b) of the Act. Independent examinerfs statement I have completed my examination. I confimi 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 Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the fomi and content of account5 sel 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. I have no concems and have come across no other matters in connection with the examination lo which attention should be drawn in this feport in order to er)able a proper understanding of the account5 to be reached. Signod: Datg: Name: Relevant professional qualification{sl or body (if any}: T•1: 018￿ 2779rJi 018ts 278636 Address: