Reg. Charity No. 1030393 **AGM April 2nd 2025.** ## **Welcome and thank-you for joining us tonight.** Although another challenging year, we are delighted to announce that the pre-school has maintained and improved upon the standards identified at the previous OfSTED inspection. This means that we continue to offer ‘good’ standards in all 4 categories with the Inspector stating that some aspects were outstanding e.g. Management. As you can imagine the staff are delighted as this report rewards all of the hard work that is demonstrated each and every day. The children are in great hands because of the amazing planning that goes into the daily activities and because of the support they get from our parents at home. I am sure that, despite all the changes in the pipeline, staff will not stop now and they will continue as always, to innovate so that the children have the best possible chance to succeed at the start of their learning journey. I think you will agree that our staff team is the biggest and best resource that we have and during the year they have given much of their own time to ensure all children get the opportunities they need to learn and so be school ready. Some sad news was the loss of the Robot Reg phonics sessions. The staff have made every effort to cover for this loss with planning a letter of the week and sending home various literacy packs. However, while things may be looking up to some degree, Early Years educational settings have remained challenging places due to staffing and financial problems. There are fewer people applying for vacant positions. Also, the amount paid to pre-schools for the government funded places do not match the running costs of the pre-school. Without asking for voluntary contributions for the much-needed consumables the pre-school would not be financially viable. ## Staffing: Helen Fairman joined the pre-school in September and soon showed herself to be a resourceful member of the team. She has good outdoor learning skills and this is an area of the curriculum that we can hopefully develop next year. Staff changes have not been such an issue this year, until now. ## Finances: Whilst our finances remain steady, we had to ask for voluntary contributions to make up for a shortfall from government funded hours. With the changes to national Insurance and the minimum wage that are to be implemented this April, we will again need to re-visit our charging policy to make sure that we cover our operating costs. Being a charity means that we want to put any surplus money raised from voluntary contributions into all the extra-curricula opportunities that are included in the curriculum. ## Training: We have managed to stay on top of statutory training. Our apprentice is about to qualify as a Level 3 practitioner so this will help with staff ratios. Fundraising: Page **1** of **2** **----- Start of picture text -----**
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Fundraising has continued during the year and our thanks go to the staff team for all they do to raise funds. We were successful with two bids – one from Tesco and the other from the Co-Op Future Plans: We hope that next year we continue to grow, recruit staff and get the funding issues balanced so that we can remain sustainable for several years to come. We are looking forward to improving the outside area so that more outdoor activities can be enjoyed by the children. Hopefully the raised beds will be built and an extended outside canopy will be installed. Having an office for the new manager is another issue that needs resolving during the coming year Finally, the Trustees and staff hope that you and your children will look back upon their time at the preschool with happy memories of the great care and support given. We want to provide the children with the best possible start on their educational journey and prepare them well for their move to primary provision. Page **2** of **2** ## **Profit and Loss** ## **Winterslow Preschool & Toddler Group For the year ended 30 September 2024** |**Profit and Loss**
**Winterslow Preschool & Toddler Group**
**For the year ended 30 September 2024**|| |---|---| ||**2024**| |**Turnover**|| |Holiday club|4,685.00| |Interest Income|62.67| |Termly Fees|35,712.79| |**Total Turnover**|**40,460.46**| |**Cost of Sales**|| |DBS Admin Charge|287.50| |Recruitment|1,112.24| |**Total Cost of Sales**|**1,399.74**| |**Gross Profit**|**39,060.72**| |**Administrative Costs**|| |Audit & Accountancy fees|400.00| |Cleaning|257.80| |General Expenses|224.69| |Holiday Club Supplies|208.65| |Insurance|882.36| |Interest Paid|3.54| |IT Software and Consumables|1,470.84| |Kids Enrichment - Phonics|360.00| |Kids Outings|230.00| |Kids Supplies - craft/food|563.35| |Pensions Costs|1,376.14| |Printing & Stationery|134.52| |Rent|5,543.88| |Staff Christmas Bonus|375.00| |Staff Training|344.00| |Subscriptions|452.00| |Telephone & Internet|369.20| |Uniform|91.75| |Wages|76,466.87| |**Total Administrative Costs**|**89,754.59**| |**Operating Profit**|**(50,693.87)**| |**Other Income**|| |Donations|450.00| |Fundraising|608.21| |GRANTS|750.00| |WCC Funding|59,200.48| |**Total Other Income**|**61,008.69**| Profit and Loss Winterslow Preschool & Toddler Group 10 Jan 2025 Page 1 of 2 Profit and Loss **2024** **Profit on Ordinary Activities Before Taxation Profit after Taxation** **10,314.82 10,314.82** Profit and Loss Winterslow Preschool & Toddler Group 10 Jan 2025 Page 2 of 2 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Indepondont Examiner's Report Report to the trusteesl members of WinterJlow Pre5Ghool & Toddlers Group On accounts forthe year ended 30 September 2024 Charity no {If any) 1030393 Set out on pages l+ I report to the trustees on my examination of the accounts of the above Charity (°the Trust.) for Ihe year ended 3010912024. Responslbilities and As the charity trustees of the Trust, you are responslble for the preparalion basis of report of the accounts in accordanGe wilh the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's ac￿untS carried out ur(der section 145 of the 2011 Ad and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under sedion 145(5)(b) of the Acl. I have completed my examin8tion. I confirm that no material matters have come to my attenlion (other than that disclosed below ') in conneclion with the xaminalion which gives me cause to believe that in, any material spect.. accounting re￿rdS were not kepl in acwrdance wilh section 130 of the Act or the a(xounts do not accord with the a(￿OUntIng records Independent exami ner's statement have no conc8rns and have come 8cross no other matters in connection with the examination to which attention should be drawn in order to enable 8 proper understanding of the accounts to be reached. ' Please delete the w0￿S in the brackets rfthey do not apply. Slgned: Date: Name: JUOiTtt MAfTkhA Relevant professional qualfflcatlon(s) or body Ilf any): Address: LS TAC Jc LKI . KS IER October 2018 Section B Disclosiire Only complete if the examiner needs to highlight matters of concem (see CC32, Independent examination of charity accounts.. directions and guidance for examiners), Give here brief detalls of any items that the examlner wishes to dlscloso. IER 2018 October