2023-07-31-accounts

Trustees' Annual Report for the period

From

Period start date Period end date Day Month Year Day Month Year 01 08 2022 To 31 08 2023

To

Section A Reference and administration details

Charity name

Broughton Pre School

Other names charity is known by

	Registered charity number (if any) 1031324 Charity's principal address Conker Lodge (Broughton Primary School) School Lane, Broughton Hampshire Postcode SO20 8AN ~~ee~~	Registered charity number (if any) 1031324 Charity's principal address Conker Lodge (Broughton Primary School) School Lane, Broughton Hampshire Postcode SO20 8AN ~~ee~~	Registered charity number (if any) 1031324 Charity's principal address Conker Lodge (Broughton Primary School) School Lane, Broughton Hampshire Postcode SO20 8AN ~~ee~~	Registered charity number (if any) 1031324 Charity's principal address Conker Lodge (Broughton Primary School) School Lane, Broughton Hampshire Postcode SO20 8AN ~~ee~~	Registered charity number (if any) 1031324 Charity's principal address Conker Lodge (Broughton Primary School) School Lane, Broughton Hampshire Postcode SO20 8AN ~~ee~~	Registered charity number (if any) 1031324 Charity's principal address Conker Lodge (Broughton Primary School) School Lane, Broughton Hampshire Postcode SO20 8AN ~~ee~~
	Names of the charity trustees who manage the charity
	Trustee name	Office (if any)			Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
1	Faye McKay	Chair
2	EmilyPalmer	Treasurer
3	Tamsin MacKenzie	Fundraiser
4	Laura Broadhurst	Fundraiser
5
6
7
8
9
10
11
12
13
14
15
16
17

18 19 20 ~~=~~ Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year

March 2012

TAR

1

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

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

Section B Structure, governance and management

Description of the charity’s trusts

Early Years Learning Alliance Constitution Type of governing document (eg. trust deed, constitution) Trustees/Committee How the charity is constituted (eg. trust, association, company) Selection of repeat volunteers based upon voting by committee members Trustee selection methods and minuted in AGMs. (eg. appointed by, elected by)

• (eg. trust, association, company)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

• policies and procedures adopted for the induction and training of trustees;

All new committee members are subject to a DBS check and must be registered prior to commencement of any charitable activity or responsibilities.

In addition to the committee, the pre school has an appropriately qualified manager, deputy manager and 2 further staff members who are all kept up to date with relevant qualifications as required by ofsted.

• the charity’s organisational structure and any wider network with which the charity works;

• relationship with any related parties;

• trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

The objective of the charity is to provide high quality early years education and childcare for local children between the ages of 2 to 4 years old. Alongside the provision of childcare, the charity focuses on Summary of the objects of the development of children to equip them with the physical, mental and charity set out in its emotional skills required to start their primary school education. governing document The preschool is run in a safe, clean and well resourced environment where children are given the opportunity to participate in a wide range of fun and educational activities which promote all areas of development and learning.

March 2012

TAR

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Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Learning is encouraged through play and activities which are designed and planned around the children’s interests, aiming to support and extend their learning. Guidance on determining and planning these activities are taken from the relevant professional frameworks and are recorded using our online platform, Tapestry. Play and activities are designed to develop numeracy, literacy, social and motor skills as set out in the curriculum. Activities can take the form of baking, planting seeds, puzzles, stories and song time to watching development of caterpillars and tadpoles to one to one numeracy lessons and outdoor play on our varied equipment including balance bikes, a mud kitchen and climbing equipment.

To compliment and leverage the benefit of our various activities, each child is assigned a key worker who is responsible for their care, mental, health and development, which is recorded in our Tapestry portal. Tapestry is available to parents enabling them to be kept informed with the activities, behaviour and achievements of their child, alongside assessments and an annual report.

The preschool has numerous policies and procedures in place that are compliant with the Statutory Framework for The Early Years Foundation Stage. Inductions on these policies and procedures are given to any new staff members when employment commences.

Broughton preschool supports the local public by providing excellent quality ‘competitively priced’ childcare and education as it does not cap nor discriminate against the number of government funded children who attend, despite the financial implications of this. To enable the charity to operate as a going concern and keep fees low, several varied fundraising events are run by the committee and volunteers on an annual basis. To this extent, the trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

• policy on grantmaking;

• policy programme related investment;

• contribution made by volunteers.

March 2012

TAR

3

Section D Achievements and performance

Summary of the main achievements of the charity during the year

As with many Charities, the economic climate and steep cost of living rises has continued to put a lot of financial pressure on the Pre School. In addition to this, some major repair works were required to maintain the outdoor decking area which amounted to £23k. Excluding this large ‘one off’ or exceptional expense, the Pre school broke even during the financial year. Given the increases in costs and wages which isn’t matched by increases in the early years funding rate, this is a steady financial result and is attributable to both the hard work of the fundraising team and generosity of parents and local community. Without their ongoing support and commitment, the Pre School would not continue to be a going concern.

During 2022, the newest member of the staff team has continued their early years education training and the pre school has been encouraged and delighted by their developed which has in part been supported by the pre school, further demonstrating its commitment and contribution to the local community. Throughout the period, staff continued to deliver excellent service and developed relationships with new families, this quality of service is evident in the growing number of children attending, with the final term of the year reaching maximum capacity with an ever growing waiting list. Management and staff continually reviewed and kept up to date with the academic and legislative requirements of their roles, attending first aid and safeguarding training for example.

In summary, 2022 – 2023 has thankfully been an unremarkable and stable year, the pre school has managed to continue operating to a high standard and remains financially stable (albeit coming under some stress and facing future challenges), serving the local community with safe and reliable childcare. This is evident in the continued high uptake of places from the local community.

March 2012

TAR

4

Section E Financial review ~~OO~~

Brief statement of the

charity’s policy on reserves

Sufficient funds are held to cover closure or unforeseen event costs such as redundancy or loss of income. Access to these funds is restricted and are held separately from the preschools working capital.

Details of any funds materially in deficit

Further financial review details (Optional information)

The charity’s principal sources of funds are from fees, government early years education funding, fundraising and donations.

You may choose to include additional information, where relevant about:

Expenditure over £200 is pre-approved by the committee after a request is submitted by the pre school manager. This request will include a description and reason/justification of the expenditure, this is assessed giving consideration to the objectives of the charity alongside it’s current and future financial position.

• the charity’s principal sources of funds (including any fundraising);

• how expenditure has supported the key objectives of the charity;

• Broughton Preschool is currently in a sound financial position and is able

• of the charity; to continue operating as a going concern. The biggest risk facing the

• investment policy and preschool is a significant drop in government funding or a drop in uptake objectives including any of childcare positions. This risk is partly managed through the conscious ethical investment policy maintenance of our strong reputation in the local community and adopted. advertising through local mediums.

~~a~~ Section F Other optional information

Section G Declaration ~~Se~~ The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Faye McKay Full name(s) Emily Palmer ~~ee~~ Position (eg Secretary, Chair, Treasurer etc) ~~a~~ Date 02/02/24 ~~|~~

March 2012

TAR

5

						Broughton Pre School	Broughton Pre School	Broughton Pre School	Broughton Pre School												1031324	1031324
	Section A Receipts and payments A1 Receipts	Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ Receipts and payments accounts 01/08/2022 31/07/2023 To For the period from a ee																							Last year to the nearest £ CC16a
	Fees/Funding					80,084	80,084		-	-	-	-	-	-		-	-	-	-	-		80,084	80,084		76,429	76,429	76,429
	Fundraising					5,344	5,344		-	-	-	-	-	-		-	-	-	-	-		5,344	5,344		1,431	1,431	1,431
	Donations					5,962	5,962		-	-	-	-	-	-		-	-	-	-	-		5,962	5,962		5,496	5,496	5,496
	Interest								441	441	441	441				-	-	-	-	-		441	441		22	22	22
	Other					-	-		-	-	-	-	-	-		-	-	-	-	-		-	-		-	-	-
						-	-		-	-	-	-	-	-		-	-	-	-	-		-	-		-	-	-
						-	-		-	-	-	-	-	-		-	-	-	-	-		-	-		-	-	-
						-	-		-	-	-	-	-	-		-	-	-	-	-		-	-		-	-	-
	Sub total(Gross income for		(Gross income for AR)		(Gross income for AR)	91,390	91,390		441	441	441	441				-	-	-	-	-		91,831	91,831		83,378	83,378	83,378
A2 Asset and investment sales, (see table). - - - - - - - - - Sub total - - - - - Total receipts 91,390 441 - 91,831 83,378 A3 Payments ———~~——~~
	Wages					59,285	59,285		-	-	-	-	-	-		-	-	-	-	-		59,285	59,285		52,217	52,217	52,217
	Service Charges					9,621	9,621		-	-	-	-	-	-		-	-	-	-	-		9,621	9,621		7,154	7,154	7,154
	Equipment					2,436	2,436		-	-	-	-	-	-		-	-	-	-	-		2,436	2,436		1,138	1,138	1,138
	Trips/Activities					492	492		-	-	-	-	-	-		-	-	-	-	-		492	492		1,331	1,331	1,331
	Other					456	456		-	-	-	-	-	-		-	-	-	-	-		456	456		249	249	249
	Tax/NI					8,632	8,632		-	-	-	-	-	-		-	-	-	-	-		8,632	8,632		8,162	8,162	8,162
	Pension					3,115	3,115		-	-	-	-	-	-		-	-	-	-	-		3,115	3,115		3,493	3,493	3,493
	Admin/Insurance					1,973	1,973		-	-	-	-	-	-		-	-	-	-	-		1,973	1,973		2,411	2,411	2,411
	Maintenance & Furniture					27,938	27,938		-	-	-	-	-	-		-	-	-	-	-		27,938	27,938		2,343	2,343	2,343
			**Sub total **			113,946	113,946		-	-	-	-	-	-		-	-	-	-	-		113,946	113,946		78,498	78,498	78,498

A4 Asset and investment purchases, (see table) - - - - - - - - Sub total [ - ] - - - - ——— Total payments 113,946 - - ~~——~~ 113,946 78,498 Net of receipts/(payments) - 22,556 441 - - 22,115 4,880 A5 Transfers between funds - - - - - A6 Cash funds last year end 45,017 45,156 - 90,173 85,293 Cash funds this year end S 22,461 45,597 ~~SS~~ - 68,058 90,173

CCXX R1 accounts (SS)

01/02/2024

1

Section B Statement of assets and liabilities at the end of the period

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|||||| |---|---|---|---|---| |Unrestricted|Restricted|Endowment| |Categories|Details|funds|funds|funds| |to nearest £|to nearest £|to nearest £| |B1 Cash funds|Barclays Current Account|22,461|-|-| |Manchester Building Society|-|45,597|-| |-|-|-| |Total cash funds|22,461|45,597|-| |—====| |(agree balances with receipts and payments| |account(s))|OK|OK|OK| |Unrestricted|Restricted|Endowment| |funds|funds|funds| |Details|to nearest £|to nearest £|to nearest £| |B2 Other monetary assets|-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |—_——| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B3 Investment assets|-|-| |-|-| |-|-| |-|-| |-|-| |7| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B4 Assets retained for the|-|-| |charity’s own use|-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |iss| |Fund to which|Amount due|When due| |Details|liability relates|(optional)|(optional)| |B5 Liabilities|-| |-| |-| |-| |-| |Signed by one or two trustees on|Date of| |behalf of all the trustees|Signature|Print Name|approval| |Emily Palmer|01/02/2024| |Faye McKay| |——|02.02.24| |CCXX R2 accounts (SS)|2|01/02/2024|

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Broughton Pre-School 2022-2023 P&L

Income:	2022-2023	2022-2023	2022-2023		2021-2022	2021-2022	2020-2021	2020-2021		YoY
Fees/Funding	80,084.33				76,429.16		68,982.31			3,655.17
Fundraising	5,344.29				1,430.93		3,970.36			3,913.36
Donations	1,656.57				102.00					1,554.57
Voluntary Contributions	4,305.37				5,393.57		4,050.80			(1,088.20)
Total Income			91,390.56			83,355.66		77,003.47		8,034.90
Expenditure:
Wages, Pension & HMRC	(71,031.25)				(63,871.70)		(59,650.63)			(7,159.55)
Insurance	(867.77)				(779.79)		(683.53)			(87.98)
Internet/Website costs	(451.15)				(440.00)		(440.88)			(11.15)
HCC Rent & Rates	(6,802.57)		_8.5% _	cts	(5,338.80)	_7.0% _	cts (5,393.46)	_9.1% _	cts	(1,463.77)	cts
Broughton School services	(2,818.20)				(1,815.30)		(3,776.31)			(1,002.90)
Small equipment, books and computers	(2,435.64)				(1,137.48)		(2,986.51)			(1,298.16)
Training & Memberships	(904.51)				(355.72)		(575.60)			(548.79)
Recoverable costs	765.82				312.05		466.95			453.77
Supermarket & Activities	(491.86)				(1,331.42)		(433.32)			839.56
Admin	(653.58)				(1,191.83)		(866.84)			538.25
Advertising	(60.00)				(205.00)		(140.00)			145.00
Maintenance	(22,592.48)				(2,342.93)		(171.98)			(20,249.55)
Furniture	(5,346.00)									(5,346.00)
Other	(257.08)						(125.95)			(257.08)
			(113,946.27)			(78,497.92)		(74,778.06)		(35,448.35)
Profit/(Loss)			£(22,555.71)			£4,857.74		£2,225.41		£(27,413.45)

(0.00)

Manchester ANNUAL STATEMENTJI 8UILDING SOCIETV 125 Portland Street, Manchester MI 4QD www.themanchester.co.uk 0161 923 8065 Statement Date 3110512023 Broughton Pre-school Broughton Stockbridge Hampshl S020 8AN Youi attentlon Is drawn to th• roY•r5e ol th statement which you rnu51 rq•d for ImpDrt•nt InlorThiiiom aboth youf s•¥lny Date Transaction Details Withdrawals Receipts Balance 0110612022 Brought Forward 3110512023 Interest CapStsllsed 3110512023 Carfed Forward 45156.38 441.11 45597.49 45597.49 Inlomi•tlon about your Easy Acc•M Buslness Smr (￿rr￿rt as at 3111 May 2023) Yrjyr Aecount Number: 9802-36996-S Interest Rate: 1.85Q/o 9rosslAEIL The following rate changes have tsken platr on Easy Acce55 BuYne55 Saver during the last 12 rn￿t￿..- O.OS% grn54AER to 0.30% grosslAER effectlve from Ill Augu5r 2022. 0.30Qh grosslAER to 0.65% gr055lAER effethve from l# September 2022. 0.65% grosslAER to 0.9￿ grosslAER effecdve from lrt No¥&n￿r 2022. 0.90% gr05slAER tc 1.35% 9ross/AER Irun 2V Novern￿r 2022. 1.35% grosslAER to 1.85% gr055lAER effecyve from 1sE Aprll 2023. (ther Interest rates may have been appllcable OTh your acccunt if you had swltched to Easy ACC￿ Buslness Saver from anothw account type durfw the last 12 months. Wthdrav4als, closures and translers Out are avallable Immediatety witrwt notltr or penalty. Your deFisIts are el￿￿ble fDr protection under the FlnarKlal knice5 Compensatson Scheme. A compensatlon Ilmlt applles. Nots$ l. Th55 Is not a ststernent for the purpose of sec￿on 975 of the Income Tax Art 2¢￿7. 2. Interest has been pahj v41thJut the deduction of income tax. 3. AER stsnds for Annual Equivalent Rate and Illustrates what the Interest rate would be If interest Was pald and added to the acC￿Trt cnTr each year. AlontheSter￿llrfm9SDc￿l5￿￿fhDr￿S¢￿ty¢bePrvrfenllolkeguIrt1o￿￿U{l￿ryQ￿dr￿9U1OtÉdbYthe￿￿￿￿ool(0￿dvctAv￿ont￿￿￿6th&pWd7tI0IR￿gU1rt￿￿￿Uth￿WIty. OurFinGn([dknRÉ9￿tsrnu￿1*ffj206o48. Hcadolfice." IZ5P¢rthndStreet MonthesrerA114QD. MembEtofthe &￿IdIng5¢cJltIe51Ss¢(th￿n. ilfFMgnCeottdc¢wedbytheF￿nSn£1O1Seff￿c￿s CompwsUtllpnStheme. Re￿￿tered￿n theMutuu15 Pvbli¢Re9iSter.RtylsternvmbeK356

Today: 08 Aug 2023

MRS EMILY SARAH FRANCES PALMER

Transactions

COMMUNITY

Available balance	£21,379.04
Last night's balance	£21,379.04
Overdraft limit	£0.00

Showing 51 transactions between 03/07/2023 and 01/08/2023 from 01/07/2023 to 31/07/2023

Date	Description	Money in	Money out	Balance
	Bill Payment
01/08/2023	HCC		-£241.80	£21,924.60
	3611673756 BBP
	Bill Payment
01/08/2023	YOUTH OPTIONS		-£295.00	£22,166.40
	4049 BBP
	Counter Credit
31/07/2023	Palmer E	£2,379.21		£22,461.40
	Cash BGC
	Funds Transfer
24/07/2023	MACKENZIE ZS	£55.00		£20,082.19
	ARTEMISHOLIDAYCLB FT
	Funds Transfer
24/07/2023	200225 13508374	£231.00		£20,027.19
	JUMBLE SALE MONEY FT
	Bill Payment
24/07/2023	HCC		-£444.90	£19,796.19
	3910039556 BBP
	Bill Payment
24/07/2023	HMRC PAYE/NIC CUMB		-£916.11	£20,241.09
	663PD00119314 BBP

Page 1 of 5

	Aug'22	Sep'22	Oct'22	Nov'22	Dec'22	Jan'23	Feb'23	Mar'23	Apr'23	May'23	Jun'23	Jul'23	Total
Income	5,082.03	14,559.58	7,096.52	1,509.98	5,321.24	16,949.31	4,554.29	912.73	24,208.32	6,483.41	3,815.71	6,081.46	96,574.58
Expenditure	(6,711.49)	(6,050.02)	(18,377.19)	(27,512.47)	(5,997.77)	(8,053.75)	(5,919.81)	(11,175.10)	(5,648.73)	(7,543.02)	(6,456.23)	(9,684.71)	(119,130.29)
Closing	43,387.65	51,897.21	40,616.54	14,614.05	13,937.52	22,833.08	21,467.56	11,205.19	29,764.78	28,705.17	26,064.65	22,461.40	22,461.40
Bank	43,387.65	51,897.21	40,616.54	14,614.05	13,937.52	22,833.08	21,467.56	11,205.19	29,764.78	28,705.17	26,064.65	22,461.40	326,954.80
Check	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	(0.00)
												31.07.23
Opening as at	01/08/22	45,017.11										(22,555.71)	Loss for Period

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Broughlon Pre School On accounts for the year ended 3151 July 2023 Charity no (if any) 1031324 Set out on pages 1-6 -lii¢e li￿ iiWVlty6Y$ fJf Jo I report to the truste8s on my examination of the accounts of the above charity ("the Trust") for the year ended R08pongibilltles and A8 the charity trustees of the Trust. you are responsible for the preparation basis of report of the accounts in aG¢ordance with the requiremenls of the Charities Act 2011 ('the Act l. I report in respèct of my examin8tlon of the Trust's accounts carrled out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under sèction 145{5Xb) of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than thal disclosed below ') in connection with the examination which gives me caus8 to believe Ihat in, any materlal respect.. accounting records were not kept in accordance wilh section 130 of the Act or the accounls do not accord with the accounting records Independent examlnerfs statèm•nt I have no concerns and have come across no other matters in connection with the exarnination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if Ihey do not apply. Slgned: Oato: 22.s.i+ Name: Zoe Clarke Relevant professional qualification(s) or body {If any): Addross: l O V IlIÉNxiA eio IER October 2018

Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners>. Give here brief details of any Itoms that the oxamlner wishes to disc1080. IER October 2018