Chairpersons report year 2022/23
I would like to begin with thanking all the staff for their hard work and continued commitment to the preschool. They have been working tirelessly with all the children, parents and carers especially welcoming new families into the setting.
It is apparent the impact that covid has had on our children and families. While we understand the virus more, it has effected children born in these times with a delay in there speech, language and social abilities. I am pleased to say that the staff have done amazing work in these areas and the children are making progress to catch up to where they should be for their age.
After a worrying beginning, numbers grew in preschool very quickly and we employed two members of staff who’s passion and ideas that they have brought to preschool have kept the preschool fresh and moving forward.
The team is strong and this is thanks to an amazing manager who has commitment and passion in everything she does for the preschool. We would not be as strong as we are without her leading everyone in the setting.
Preschool is continuing to go from strength to strength educating and making sure all children and there families are cared for. Thank you
Clare King Chairperson
Treasurers Report 2022/23
We started the year with a few children and unfortunately staff had to reduce hours. However this was only for half a term because we soon had enquires and the preschool was filling up fast. By April we had to employ two more members of staff and this has had a positive impact on all.
The rise in staff wages has had a significant impact as we decided as a committee that due to the increase in minimum wage it was only right and just to raise everybody by the same amount. Also staff decided to take out pensions and this to impacts the finances. However, due to the
teams efforts and an influx of children we were able to absorb these costs.
We kept spending to a minimum as we had a large rent increase due to the rise in electricity and oil prices. We needed to make sure that we are financially secure for next year should numbers of children drop. We made a profit of £7,568.77, which has topped up our reserves. In the next school year we look forward to buying some new equipment if the finances positive.
At the end of this financial year we find ourselves in a strong financial position, with reserves in place for redundancy pay if required, and approximately £21000 in the account for starting September.
Managers Report 2022/23
It has been a more settled year I am pleased to say with seeing the back of covid and the uncertainty that brought us. However we have noticed a difference in the children especially with our new starters. Speech and language is very delayed and we believe that this is due to these children being born in lockdown and so had limited amount of socialisation.
We have concentrated really hard on speech and language as well as socialisation and the children are developing at speed to where they should be for their age.
It was lovely to welcome two new members of staff and they have brought with them new ideas and approaches that keep the preschool moving forward. Unfortunately it was sad to say goodbye to one member of staff. She is going off to a slightly different career but we wish her all the best for the future.
I look forward to continuing with the staff as we are a strong team and do our best for the children.
Tregadillet Pre-School Receipts and Payments Accounts Year ended 31 August 2023
| £ £ RECEIPTS Fees - Unfunded 5,283.50 Fees - Unfunded - cash 577.00 Fees - Funded 59,398.17 Fundraising 990.00 Grants - Donation 1,621.84 Clothes - Interest Received 45.92 67,916.43 PAYMENTS Wages 45,536.07 Tax/NI 869.04 Pension 605.04 Rent 7,174.92 Equipment 528.47 Fundraising 48.00 Training 1,441.15 Insurance 401.72 Ofsted 50.00 Computing and Software 519.58 Food 1,787.54 Clothing - Other (PLA, DBS, PPS, Other licences) 94.00 Outings/Wild Tribe 1,181.25 Christmas Gifts 110.88 60,347.66 Excess/(Deficit) of Receipts over Payments 7,568.77 STATEMENT OF ASSETS & LIABILITIES @ 31/08/23 Opening Balances as at 1 September 2022 Current Account (Treasurers Account) 14,357.64 Reserve Account 9,010.59 23,368.23 Less Excess receipts/(Deficit) for year 7,568.77 30,937.00 Closing Balances as at 31st August 2023 Current Account (Treasurers Account) 21,880.49 Reserve Account 9,056.51 30,937.00 30,937.00 2022/23 |
£ £ 5,501.50 77.81 53,890.29 - - 25.50 1.05 59,496.15 48,363.63 1,211.20 - 6,079.92 1,151.95 - 1,376.00 - - 1,364.96 717.91 - - 1,000.00 206.33 61,471.90 (1,975.75) 16,334.44 9,009.54 25,343.98 (1,975.75) 23,368.23 14,357.64 9,010.59 23,368.23 23,368.23 2021/22 |
|---|---|
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of Tregadillett Preschool On accounts for the year 31[st] August 2023 Charity no 1029678 ended (if any) Set out on pages 1-2 (
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2023.
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
é
I have completed my examination. I confirm 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:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. proper understandingof the accour
Signed: Date: 07/04/2024 Signed: ~~Are fo~~ Name: Ian Larive Name: ~~[lanlaive~~ Relevant professional ACA/FCA (ICAEW) qualification(s) or body (if any): Address: 57 Kettlewell Close, Woking, GU21 4HY
1
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 brief details of N/a any items that the examiner wishes to disclose .
2