OpenCharities

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2020-08-31-accounts

Names and addresses ofadvisers Names and addresses ofadvisers (Optional information)
T ofadviser
Name
Address
Name ofchief executive ornames ofsenior staff members (Optional information)
~
s
Description ofthe charity*s trusts
Type ofgoverning
document
PLA 2011 Constitution
How the charity is constituted
Trustee selection methods Appointed
or Reappointed
annually atthe AQM
Additional
governance
issues
(Optional
information)
You may choose to include There is a Safeguarding Children (child protection)
Policy in place,
additional
information,
where
relevant, about
Enhanced
disclosure
and bamng (DBS)checks are carried out through
Qfsted for all committee members.
~ policies and procedures
adopted forthe induction
and
training
oftrustees,
Happy Days Pre-School isa member ofthe Early Years Alliance.
o the charity's
organisational
All trustees give their time voluntarily
and receive no
remuneration or
structure
and any wider network
other benefits.
with which the charity works;
e relationship
with any related
parties;
~ trustees
consideration
of
major risks and the system and
procedures
to manage them.
0 ~
A
Summary ofthe objects ofthe The aims ofthe preschool are toenhance the development
and education
ofchildren
under statutory school age by encouraging
parents to
understand
and provide for the needs oftheir children
through a
charity set out in its community
group.
governing
document
Summary ofthe main
achievements
ofthe charity
during the year
Summary ofthe main
achievements
ofthe charity
during the year
We're very pleased
with ihe performance
ofihe preschool and the staff
through
what was a very challenging
period, due ioCovid-19. Despite
this, Happy Days ended the last academic year with the savings account
untouched
plus a healthy balance
in the current account. Families were
kept well informed ofthe changes totheir childcare and staff worked hard
to re-open the preschool as soon as possible and to maintain
safety
standards.
Briefstatement
charity's
policy
ofthe
on reserves
ofthe
on reserves
General Reserve —The purpose ofthe organisation
is to provide
Preschool learning to children. The funding comes from the Local
Education
Authority
in the form ofthe Nursery
Fducation Grani and also
from fees for attendees. Changes
in government
policy can significantly
influence the levels offees and grants that the Preschool receives. The
General Reserve —The purpose ofthe organisation
is to provide
Preschool learning to children. The funding comes from the Local
Education
Authority
in the form ofthe Nursery
Fducation Grani and also
from fees for attendees. Changes
in government
policy can significantly
influence the levels offees and grants that the Preschool receives. The
primary expense incurred by the organisation
is staff salaries.
The level offees can vary depending
on the number ofattendees
in any
term, but a reduction
in attendees does not necessarily
result in an
equivalent reduction
in staff orother costs.
As a result the Trustees feel it is prudent to maintain a general reserve so
as to secure the continued
operation ofthe organisation
should there be
a material
reduction
in fees or other unforeseen
expenditure
in future
periods. The Preschool holds 6months
full running costs in general
reserve.
Details ofany funds materially
in deficit
Further financial review details (Optional information)
You may choose to include
additional
information,
where
relevant about:
The funds raised through
attendees
and fundraising
have allowed the
preschool to save enough
money fora future improvement
in the next
year to the outside play area. This will ensure the children can still use it
~
the charity's
principal whatever the weather.
sources offunds (induding
any
fundraising);
e
how expenditure
has
supported
the key
objectives of
the charity;
e
investment
policy and
objectives including any ethical
investment
policy
adopted.
-
ee
e
I- .. ~
The trustees declare that they have approved
the trustees'
report above.
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