2023-12-31-accounts

Trustees’ Annual Report for the period

From STEPPING STONES PRESCHOOL Period start date 01/01/2023 To Period end date 31/12/2023

Charity name: STEPPING STONES PRE SCHOOL

Charity registration number:1029770

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Stepping Stones Pre School is a educational establishment, caring for children’s early years development from 2 years to 5 years old(preschool)We follow Ofsted guidance of the Early Years Foundation Stage for children’s learning. We are a charity run preschool, where our children’s parents are our trustees.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	We receive the government funding for children that our attend our setting. Additional fees are paid by parents for extra hours and services we provide. We have termly small fundraising events to enable us to buy extra resources for the children.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees are aware of the constitution we follow and are given account information at committee meetings and our AGM, where reports are issued to all present. Termly meetings are arranged to update trustees on setting and any ideas/additions we consider will be of benefit to the setting.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
		N/A
	Para 1.38
Policy on grant making
		N/A
	Para 1.38
Policy on social investment
including program related
investment

Contribution made by volunteers	Para 1.38	We have termly fundraising events during the year, which include raffles at Christmas for Hampers, sponsored bounce/hop at Easter, Halloween children’s party. Contributions are made by parents, family and friends towards these events.
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	By fundraising for the charity, this enables us to buy extra resources for the children to develop their learning and the basic running of costs for the setting.

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set	Para 1.41	Before we raise funds for each event, we like to inform parents what we would like to purchase from the money we have raised e.g. art materials, display screens, Physical play equipment, new learning resources.
Performance of fundraising activities against objectives set	Para 1.41	Any purchases made via fundraising is shown to parents via our messaging system.
Investment performance against objectives	Para 1.41	All Monies remaining from funding, fees and fundraising is kept in the account to pay for the expenditure for the next term. We have outgoing expenditure to pay for Staff wages, Rent, insurances etc.

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the end of the year the preschool had £18,433.35in the bank
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	All money are kept in the account to cover costs for the following term.
Amount of reserves held	Para 1.22	All monies are kept in the bank account
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	Explained in SORP ref 1.17, 1.19 and 1.38
Investment policy and objectives including any social investment policy adopted	Para 1.46	N/A
A description of the principal risks facing the charity	Para 1.46	N/A
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	N/A
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	We are an Unincorporated association
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	All our trustees are voted in by parents of our setting, elected at our AGM each year.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	Trustees are given Job descriptions before being appointed so that they are aware of responsibilities. Once voted in by parents, trustees are given further information regarding the settings present and future outlook, requirements, staffing and possibilities that could come into effect with the setting. Committee members have to complete Enhanced DBS’s, EY2 forms so that they are accepted by Ofsted and Safeguarding courses etc.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	Our financial record/accounts are recorded and accessed by our book keeper who uses “Zero system” to record all our incoming/outing expenditure. We are a cashless setting, all monies for fees/fundraising/donations etc have to be paid via bank transfer.
Relationship with any related parties	Para 1.51	N/A
Other

Reference and Administrative details

Charity name	STEPPING STONES PRE SCHOOL
Other name the charity uses
Registered charity number	1029770

	Charity’s principal address	17 HARROW SCOUTS (REAR OF CATHOLIC CHURCH) ROXBOROUGH PARK HARROW ON THE HILL HA1 3BA

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	FIONA CURRAN	CHAIRPERSON	JANUARY 2022-FEB 24	PARENTS OF SETTING
	GLENDA DUNNE	TREASURER	JANUARY 2022-PRESENT	PARENTS OF SETTING
	MARGARET WALLS	SECRETARY	JANUARY 2023-PRESENT	PARENTS OF SETTING
	MICHELLE MC CALDEN	CHAIRPERSON	FEB 2024 - PRESENT	PARENT OF SETTING

Corporate trustees–names of the directors at the date the report was approved	Corporate trustees–names of the directors at the date the report was approved	Corporate trustees–names of the directors at the date the report was approved
Director name	N/A

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets N/A ALL MONIES ARE HELD IN CURRENT BUSINESS held in this capacity ACCOUNT

Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and	addresses of advisers (Optional information)	addresses of advisers (Optional information)
Type of adviser	Name Address
N/A

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

Other optional information

N/A

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

PLEASE SEE SIGNATURE ON Signature(s) GLENDA DUNNE CC16a form Full name(s) GLENDA DUNNE

Position (eg Secretary, Treasurer Chair, etc)

Date

27/10/2023

Stepping Stones Pre-School Treasurer’s Report Year ended 31 December 2023

In 2023, Stepping Stones Pre-School made a loss of £2,463 in contrast for the year ending 31 December 2022 when a profit of £10,238 was made.

Its overall income for the year was £109,222 (inclusive of breakfast club income of £4,409 (£112,179 in 2021), whilst expenditure amounted to £111,686 (£101,941 in 2022).

The pre-school received government funding of £52,888 (£60,480 for 2022) for children over the age of three years old.

Fees from parents during the year brought in additional income of £49,620 (£44,216 in 2022).

Total salary costs, (including staff overtime required) represents the pre-school’s largest expenditure and in 2023 amounted to £83,488 (£77,138 in 2022). Other related salary costs including national insurance, pension costs, training costs and staff wellbeing amounted to £15,084 (11,262 in 2022)

The annual cost of rent amounted to £6,173 (£6,148 in 2022).

Child activities and resource costs amounted to £3,472 (£4,020 in 2022) which can be broken down into consumables including the children’s daily snacks, drinks, cooking ingredients, food for celebrations, day trip costs, uniform costs, materials, equipment, toy purchases and arts & crafts supplies that need to be renewed regularly, such as paper, paint and craft materials, ink, sand and play-doh.

Other significant expenditures were management and administration fees consisting of audit & accounting fees, DBS checks, insurance costs, IT costs, postage, printing, subscriptions and telephone & internet costs amounted to £3,469 (£3,374 in 2022).

CHARITY COMMISSION FOR ENGLAND AND WALES Indopondont oxamlnerfs report on tho accounts Secllon A Iiidop•iidoiit Cxnniliior'• Roport Report to th• tru•t•••l m•mb•r• of STEPPIN(J STONCS PRLSCI IOOL (I IARriow) 2023 Charlty no (If •ny) On •ccounl• for th• y•ar •ndod 1029770 S•t out on ppgo• I roport lo Iho IrustOe8 on my ex8mln8llon of tho 8ccounl8 of the abov8 charlty ("Ilio Trust") for Ihe year ended 3111212023 Re8pon8lbllltlos and As the charlty trustees of the Trust, you are responslble for the preparatk)n ba818 of rnport of the accounts In 8C(x)rtlance wlth the requlrements of the Charltles Act 2011 (Ihe Act"). I report In respect of my examinatlon of the Trust'8 accounts (2nled out under section 145 of the 2011 Act and In c8rrylng out my examlnatlon. I have followed the 8ppllcable Dlrectlons glven by the Charity Commlsslon under sectlon 145(5)(b) of the Act. I have completed my examination. I confirm that no materlal matter3 have come to my attentlon (other than that disclosed below ') In connection with the eXamIna￿On whlch glves me cause to belleve that In, any material fBspect ac(x)unting records were not kept In accordance wlth section 130 of the Act or the accounts do not accord with the accountlng records I have no concems and have come across no other matters in connection with the examination to which attentlon should be drawn In order to enable a proper understanding of the ac(x)unts to be reached. ' Please delete the words in the brackets if they do not apply. Date: Independent oxamlner's statement Slgned: Name: ca n kil oaocL91 Relevant professional qualification(s) or body (if any): kJ0(￿s lrtt AcLouhJThNLY Address: ?£ia cosj HcA(fo Al IER October 2018

Sectlon B Dlsclosure Only complol(J If tho ox8mlnor nood8 lo hlghllghl matlor8 of concern (8ee CC32, Indopondonl oxAmlnatlon of tharlly aCc￿n(S. dlrodlon• and guld8nce f(y oxamlnorB), Glve her• brlol dotalls ol any It•m8 that th• •xamlnor wl•h•• to d1•clo￿. IER October 2018