Trustee’s Annual Report
For the period
From 01/09/2022 to 31/08/2023
Red Barn Community Pre-school
Registered Charity no. 1030875
Trustees
Lorna Newnham – Chairperson
Katie Duke –Treasurer
Hannah Williams - Secretary
Structure, governance and management
The charity is governed by a constitution. It is a committee made up of representatives from the local community and parents. The trustees are elected at the Annual General Meeting. It is run under Pre School Learning Alliance guidelines and is Ofsted inspected.
Objectives and activities.
With the support and co-operation of parents, we aim to provide a safe, secure and stimulating environment for the children, where they can:
Play, learn and enjoy themselves.
Develop independence, communication skills and the ability to concentrate.
Learn to co-operate with adults and other children.
Take pleasure in new experiences.
Build self-confidence.
Offer children and their parents a service that promotes equality and values diversity.
Achievements and Performance.
The pre-school continues to be a popular choice for the local parents.
Ofsted October 2019 graded the setting as good overall.
“Children are very happy, settled and confident in this highly nurturing
pre-school.” Ofsted 2019.
Financial Review.
The trustees recommend that the pre-school always has in the bank reserves to cover one term’s expenditure.
Declaration.
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charities trustees.
RED BARN PRE-SCHOOL RECEIPT AND PAYMENT ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2023
| INCOME Funding Fees Other in Restricted Funds |
£94,289 £22,546 £1,102 £456 |
| £118,393 |
| EXPENDITURE | |
|---|---|
| Salaries | £106,393 |
| Rent | £9,698 |
| Resources | £5,869 |
| Electricity | £5,264 |
| Admin | £2,422 |
| Water | £1,360 |
| Telephone | £1,193 |
| Cleaning | £857 |
| Insurance | £785 |
| Office Supplies | £614 |
| Training | £598 |
| Restricted Funds | £456 |
| Ofsted | £220 |
| Maintenance | £85 |
| Christmas | £85 |
| Welfare | £55 |
| Equipment | £27 |
£135,979
STATEMENT OF ASSETS AND LIABILITES
The charity shows a £17,586 deficit for the financial year. Income is lower than in previous years due to a lower intake of children taking up places at the pre-school. Consequentially expenditure was lower. The investment in maintenance and upgrading facilities in previous years allowed maintenance spending to be reduced to a minimum this year.
These accounts have been prepared from bank statements and paperwork provided to me by Red Barn Pre-School.
Wendy McElroy 11th November 2023
DDF Accountancy & Financial Services 34 Bedhampton Hill Havant Hampshire PO9 3JW 07779 003079 ddubrayfox@gmail.com
Redbarn Community Pre-School Manager - Mrs T Harrison Linden Lea Portchester Fareham Hampshire PO16 8HJ
18[TH] June 20024
Dear Mrs Harrison,
Please hereby find confirmation that the accounts for the year 23/24 have been audited and comply with current HMRC Charity Commission legislation.
Should you require any other information please don't hesitate to contact me.
Assuring your best attention at all times,
Diana Dubray-Fox
Diana Dubray-Fox ACA MIAB DSB Accountancy