**Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 01 09 2021 **To** 31 08 2022 ## 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 (if any)**| |---|---|---|---|---| ||Sarah Cole|Chair||| ||Nicola Clews|Vice Chair||| ||Jeni Slakeld|Secretary||| ||KatyJordan|Treasurer||| ||Roberta harris|||| ||Tom Cole|||| ||Laura Warner|||| ||KatyGore|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** **TAR** Jan 2023 ## **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) How the charity is constituted Trust - (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 provide safe, high quality education and care for children under statutory school age. We are committed to safeguarding and promoting the welfare of children and young people and we aim to work with parents, exchanging information about children’s progress, encouraging parents’ involvement and offering support to help them understand the needs of their children. **TAR** Jan 2023 **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 obstacle course, raffle and face painting at community fairs. 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 employed one new member of staff as a replacement of another, and arranged the commencement of her vocational training. We have supported the training and development of all 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. This year we continued to provide places for children with Special Educational Needs and Disabilities (SEND). Extra training for staff, working with other professionals and taking on extra support staff helped us to succeed in building our reputation in this field, and now Bubbles is regularly recommended by other professionals supporting families of children with SEND. Fundraising efforts enabled us to purchase a new shed for outside resources as well as providing fresh and exciting activities throughout the year. **TAR** Jan 2023 ## **Section E Financial review** **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, long term sickness. ## **Details of any funds materially in deficit** ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. 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. 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. Numbers on our role have still not recovered following the Covid-19 pandemic, and we relied on an additional grant of £7400 to help us through the Autumn term. Unfortunately, numbers did not fully recover throughout the following two terms. This, coupled with underfunded places mean we will post a financial loss at the end of this year. **Section F Other optional information** **TAR** Jan 2023 ## **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 A **Position (eg Secretary, Chair,** Committee Member & **etc)** Administrator **Date** 10 Jan 2023 **TAR** Jan 2023 Bubbles Preschool Financial Statements for the Year ended 31 August 2022 Bubblej PrvJchwl ABs•lo and LIJkn1￿¥¥ Y•ar end•d JIBtAwurt2022 2022 2021 2019 WfenLAc&￿Dts. LI0￿5 TSB CurreniAccounts- TrisBc D$wsrtAc&￿ffl-eove￿ty8Ui￿l￿￿ So¢iety C•sh in hand OCC Fund5 Irnatharco NO￿3 N0*3 NO￿3 3.599 41 54,288 78 45,804 48 3,535.94 36.022.40 45,055.58 3,147 41 30.424 57 42,986. 8,632.51 13,9)6.15 42,g63.74 Noie 2 26,148 ae 77,541 79 84.613.92 n,$60.04 65.102.40 FIn•￿d by.. Captsl Attount 84.613.92 7.072.13 77.960.04 7.053.88 65.102.40 12.457.64 56.Tf2 24 8.3￿ 16 wt iYum8 foi >*ar TT.541.79 84.613.92 77.$60.04 fj5.1D2 40 CERTIFICATE OF APPROVAL we￿I•Ve FifkAnciAI SLAtementssel pays 1 to 2 and Confirm that wè hwe made ?Vwil¥i￿e all ￿￿¥¥nI reco￿$ Intomatoi farththi pleparalhw. ChAi￿r$On on b2harfoltreCornrniitee 10. s- Prt•¢ lfflcom• & EXP¥￿1¢uN Account Y•*r£r￿ld S1•tAw￿?￿22 X20 2019 INCOME Fèpstrtyh EF (KC Fwdr SEN Furdry 18.89) 76 7148143 9.04232 2.926ts) 2,770 $8 1,57srii 2.3T280 15,139 85.T51 32 0.401 7é 14.085 44 9,2N 1￿,57e 19 5,928 48 6.￿2 50 255 12.431 91.530 16 841248 IWOCC 765riJ HSF EvFPFu￿irq 3.177 109.998.89 126.135 92 IX.32S 12 114.81864 Fufvjratyry. Gvwal FuThJra*ry. swis￿11T.1￿S IrMxJmo F￿r￿ra￿rP- TNWJ Parto I,Ce640 123 7025 114 48 572 54 128 $0 8350 11889 728 ie 4407 15525 4916 1.75292 201.84 1.123 75 1.97848 i.ie682 2,24905 1.4W 39 7204 111 ty) 120 28 703 15 324 32 224 93 180 27 272 52 Mlk R•h or* Ir*￿1 13630 6752 9.653 36 120 1.201 04 9.584 45 7S1.65 2,kn. 497.82 ID.588 22 11.32937 3.253.79 I.￿6 1>.515 39 139.352 11 131.828 117.784 67 EXPENDITURE R•rt 10.a68 94.797 13 7.9* 58 1.Cffjg 31 t59 25 2.106 113 01 •.￿9 45 8g.W 72 4.618 53 e?? 72 158 CM) 12,53980 &1.127 81 4.4W 6T T4852 9T.821 93 T.547 28 977 49 159 2$ 1.gD6 80 HMRC Accuffliry 1.58240 1.041 24 3.J65 24 2.923 70 138 35 i.ee4 2Y 2.771 >) 4.445 35 54563 1.571 32 2.251 B2 16685 1862 3.534 07 2,￿ 37 .12 551 2B 239. 620F 1.074 56 IY5 67 39.24 845 443 76 38961 2$8 10 19802 3P66 51381 483 14 12088 490 5789) 45589 414 24 759.$5 371 82 455 24 22501 918 6V78 25365 49 142 56 Uthm KYStAff 3e981 327 F3 3$7 43 HSF N￿?4 1.580 ts) 129.617 T2 132.2￿¥3 It9.3708 1094Y 51 Ex¢W•f1￿CoM￿ o¥•r Exynd¢tur• 7.05388 12.4576d .330 ie Bubbles Preschool Notes I0￿1ng part of the financial stat•mentS Year ended 315t August 2022 Note It is the policy of the pre5Glwl tts vfflte off all exp8nditure on equIpff￿Tht in the year of purchase. There we no large items of equipment purchased in the year. Al the balanc8 sh881 date the ojst of 4uipment In use is aprmximalely £23,785 and is insured to cover this amount. Note At 31$tAugu8t 2021 there was fundirs in advance ofthe academic year ¢J)mmwong Septwnber 2022- This addiiKJnal fu￿1r￿ ￿¢$ refxjrded as deferred al￿ LS ml in the Profit & Loss Attount Note Current ac￿Unts are he￿ at Uoyds and HSBC, tX)Ih in Sheep Street, B4￿818r. The deposit account 1$ wth the Coventy Building kniety. Sheep Street. 8i¢ester. Duri￿ this a¢atl¢mir year, there #n HSF (Household &Jpport Fur￿) scheme runniw. The govemmenl furtd￿ Bubbles Preschool Trmlh a HSF payment of £1,575. Supermafk&i vouchers were then purchased for £1,580 and gwen 10 eligible families. CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteosl members of Bubbles Preschool (Bicester) On accounts for the year ended 31$t August 2022 Charity no {if any} 1029617 Set out on pages 1103 I report lo the trustees on my examination of the accounts of the above charity I'the Trust'} for the year ended 3110812022. Rèsponsibilities and As Ihe charity trustees, you are responsible for the preparalion of the basis of report accounts in accordance with the Charities Act 2011 ("Ihe Act"). I report in respect of my examination of the Trusl'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 section 145(51(b) of the Act. Independent examiner's 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 acwunts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning ihe fomi and content of accounts set 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. have no concerns 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 aC￿￿ntS to be reached. Slgned: Dat•: Name: QrArCk Relevant professional qualificationlsl or body (if any): Address: NIT Q-i R +*rrO 6IcE FR WILLO)NS 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.