## **Trustees’ Annual Report for the period**
**From 1[st] Sept 2022 To 31[st] Aug 2023**
## **Charity name: Neatishead & Barton Preschool**
## **Charity registration number: 1029870**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The Aim of Neatishead & Barton Pre
School is to advance the education of
children below compulsory school age in
the local area
a) Providing safe, educational, and
appropriate group play, allowing for
parental involvement and
responsibility
b) Offering opportunities for all children
with no discrimination
c)
Encouraging other charitable
activities through which the parents
may help the children|
|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|The charities main activity is to run
Neatishead & Barton Pre School to provide
high quality education and childcare for
children aged between 2 & 5 years.
Our trustees carry out various fundraising
activities to supplement income|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|In planning any of our activities, our
trustees keep in mind the Charity
Commission’s guidance|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Contribution made by
volunteers|Para 1.38|All our trustees give their time on a
voluntary basis and receive no monetary
benefits.
Trustees carry out all fundraising activities
with the help of the preschool staff and
volunteers from the local community.
These have included a local quiz night, a
Teddy tombola which was held as part of
the Neatishead C of E Primary School
FONS BBQ and selling pumpkins and
sunflowers grown by the Preschool.|
## **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|Our setting is staffed by a very well-
qualified and experienced team. We work
on the correct ratio of staff to children
which enables us to focus on individual
child development within the EYFS
framework.
We offer a fun, educational and safe
environment where our children can learn
through play. The children have the
opportunities to develop their
communication and language skills, to
allow their confidence and grow
emotionally in our safe and well equipped
environment.
We have developed good links with the
local school enabling smooth transitions for
our children on the next step in their
education. We also work closely with our
families celebrating the local traditions and
values, tractor visits during Harvest and
participating in local fetes.|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
|
Achievements against
objectives set|
Para 1.41|
N/A|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|N/A|
|Investment performance
against objectives|Para 1.41|N/A|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The financial position of the charity is stable
and we finish the period in a good position.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Trustees have a reserves policy whereby
they would like the level of unrestricted
reserves to be maintained at such a level
that the Preschool could continue the
current activities of the charity in the event
of a significant drop in income.|
|Amount of reserves held|Para 1.22|N/A|
|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|The setting is due an Ofsted inspection. It
is currently rated as ‘Outstanding’ and I
would hope we would continue at this same
level. If not then ‘Good’ would be amazing.
There is no reason why they could lose this
rating, but to do so would cause a loss of
income and withdrawal of children.|
## **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|
The principal source of funds come from
providing childcare, which is paid by
parents or local authority funded early
years education schemes|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|No external investment is needed at
present to ensure the immediate running
costs|
|A description of the principal
risks facing the charity|Para 1.46|The charities possible risks are
Sudden and lengthy closures of
preschool due to damage, health &
safety issues, pandemic or
environmental factors
Loss of current Ofsted rating
Large increases to staff costs due to
increases in the National Minimum
Wage, not matching our childcare
funding and fees
Loss of premises and not having a
suitable alternative
Loss of income due to fewer
children attending due to rural
location|
|Other|||
**Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|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|Trustees are selected from members of the
association. Officers are appointed by
trustees at the AGM.|
## **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|
All trustees are encouraged to complete all
training available via Early Years|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The setting is a member of the Early Years
Alliance. This gives us access to advice,
training and information to keep us in line
with all policies and regulations and
continue with good practice|
|Relationship with any
related parties|Para 1.51|The preschool is in the grounds of
Neatishead C of E Primary School and has
a great relationship with them. This ensures
a very successful and clean transition to
the schools reception class|
|Other|||
## **Reference and Administrative details**
|Charity name|Neatishead & Barton Preschool|
|---|---|
|Other name the charity uses||
|Registered charity number|1029870|
|Charity’s principal address|School Road
Neatishead
Norfolk
NR12 8XN|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
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7
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10
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12
13
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15
16
17
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19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Lisa Seager|Chair|Took over as Chair at
2022 AGM||
||Danielle Nudd|Treasurer|Started June 2022||
||Robyn Youngs|Secretary|Started June 2022||
||KellyDrake||Started May2022||
||Elizabeth Underdown||July2022 – Sept 2023||
||Danielle Harrington||Started January2023||
||Rosie Egan||Started January2023||
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## **Funds held as custodian trustees on behalf of others**
Description of the assets None held in this capacity 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
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees (at the time of Annual Report being submitted)**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|D.Harrington|DLNudd|
|---|---|---|
||||
||Danielle Harrington|Danielle Nudd|
||||
||Chair|Treasurer|
||31/07/2024||
||31/07/2024||
**Date:** 27/09/2023 **Time:** 12:31:46
**Page:** 1
## **Neatishead & Barton Pre-School Profit and Loss**
**From:** Month 1, September 2022 **To:** Month 12, August 2023
## **Chart of Accounts:**
|Default Layout of Accounts
**Chart of Accounts:**
**Period**
**Sales**
Sales
49,848.37
Gift
(20.00)
Fund Generation - Charity Shop
3.00
Fund Raising
630.84
Other Income
32.25
50,494.46
**Purchases**
Pre-School Purchases
1,948.36
Other School Purchases
199.20
2,147.56
**Direct Expenses**
Subscriptions
153.88
153.88
**Gross Profit/(Loss):**
48,193.02
**Overheads**
Rent and Rates
1,149.99
Printing and Stationery
322.10
Telephone and Computer charges
801.95
Maintenance
1,562.99
General Expenses
1,036.44
Gross Wages
34,330.65
Professional Fees
720.00
39,924.12
**Net Profit/(Loss):**
8,268.90|**Year to Date**
49,848.37
(20.00)
3.00
630.84
32.25
1,948.36
199.20
153.88
1,149.99
322.10
801.95
1,562.99
1,036.44
34,330.65
720.00||50,494.46
2,147.56
153.88|
|---|---|---|---|
|||
|48,193.02
39,924.12|
||||8,268.90|
Neatishead & Barton Preschool
Balance Sheet at 31st August 2022
||**Unrestricted**|**Unrestricted**||||||
|---|---|---|---|---|---|---|---|
||**funds**||**Restricted funds**|**Designated funds**|**Total 2022**||**Total 2021**|
||**£**||**£**|**£**|**£**|||
|Current Assets||||||||
|Debtors|-|212|||-|212|- 915|
|Cash at bank and in hand||18,030|-|-||18,030|25,849|
|||17,818|-|-||17,818|24,935|
|Current Liabilities||||||||
|Creditors: amounts falling||3,038|-|-||3,038|4,891|
|due within one year||||||||
|Net Current Assets||14,781|-|-||14,781|20,044|
|Charity funds||||||||
|Unrestricted funds||14,781|-|-||14,781|20,044|
|TOTAL FUNDS||14,781|-|-||14,781|20,044|
Lisa Seager Chair of Trustees
Page 5
Neatishead & Barton Preschool
Statement of Financial Activities for the year ended 31st August 2022
|||**g**||
|---|---|---|---|
||**Total 2022**
**funds**
**funds**
**funds**||**Total 2021**|
||**£**|**£**
**£**
**£**|**£**|
|**Incoming Resources**||||
|Charitable activities (4)||44,621 - -**44,621**|45,093|
|Fundraising activities||354 - -**354**|438|
|**_Total_**||**44,976**- -**44,976**|45,531|
|**Expenditure on:**||||
|Charitable activities||50,239 - -**50,239**|41,311|
|**_Total_**||**50,239**- -**50,581**|41,311|
|**Net incoming resources for the**||||
|**period**|**-**|**5,263**- -**- 5,263**|4,220|
|**_Reconciliation of_**||||
|**_funds:_**||||
|Total funds brought forward||20,044 - -**20,044**|15,824|
|**_Total funds carried forward_**||14,781 - -**14,781**|**20,044**|
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