TRELOWAN PRESCHOOL Trustee’s Annual Report September 2022 – August 2023
Charity name – Trelowan Preschool
Charity no – 1031344
Address – Trelowan Preschool Treverbyn Rise Penryn Cornwall TR10 8RA
Telephone – 01326 378377
Email – trelowanpreschool1@btconnect.com
Trustees – Christine Lucas (chairperson) Lisa Head (treasurer) Tina Nelmes (secretary) Gemma Smith Laura Gee Agnes Wojewodzka Carol Allen
Contact – Carol Allen (at above address and telephone number).
Beneficiaries
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The children
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The families
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Employees (employment, training, self development)
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Students/trainees
Recruitment and appointment of new trustees
New trustees are recruited from the families whose children attend Trelowan Preschool. Affiliate membership is open to those individuals who are interested in supporting the preschool. All trustees voted in at the AGM are subject to DBS checks and completed EY2 applications through Ofsted. All families of children attending the nursery are invited to attend committee meetings.
The Team
Regular supervisions ensure that the team are supported and their training needs are identified, however team members are encouraged not to wait for supervisions if support is needed.
Over View
This year there has been a significant over spend in wages, largely due to the substantial increase in additional adult support that has been needed. In the next financial year, in order to aid balance the disparity between income and expenditure, we will be applying for the Special Educational Needs Inclusion Funding (SENIF) to put towards the cost of the
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additional adult support that we will continue to need. We will also need to organise some fund raising events.
Aims and Objectives
The preschools aim is to provide care and education for early years children, building firm foundations and enabling their school readiness. Our objectives are to enhance the development and education of the children. We work closely with parents to understand and provide for the needs of the children and their families. The preschool receives Government funding for children after the term in which they are three years old. Early Years Pupil Premium (EYPP), 30 hours funding and funding for 2-year olds has also been received this year.
We have continued to work with schools and colleges, providing placements and work experience for students from Truro College, Penryn College and Falmouth School.
Trelowan Preschool has the support of the Early Years Advisory Teacher and the Early Years inclusion team, who help review and evaluate our practice and suggest any improvements needed. The Trelowan team work closely with parents and outside professionals, such as the speech therapists, the early years inclusion team, the physiotherapy team and Truro Children’s Development Centre (CDC) to ensure that the children and their families get the support they need.
This year the children have again benefitted from working with a French teacher and a Yoga teacher – EYPP was used towards the cost.
Financial report
The Preschool Manager maintains the financial records. They are reviewed and audited by the Preschool Treasurer and an independent body (Mrs Christine Francis).
Accounts balance for 2022/2023
| Balance(1st Sept 2022) | £ 62,761.24 | Expenditure | £116,671.20 |
|---|---|---|---|
| Income | £ 94,999.72 | Balance**(31st Aug 2023) ** | £ 41,089.76 |
| £157,760.96 | £157,760.96 |
Accounts balance for 2021/2022
| Balance(1st Sept | 2021) | £ | 48,445.16 | Expenditure | £ 97,960.12 |
|---|---|---|---|---|---|
| Income | £ | 112,276.20 | Balance(31st Aug 2022) | £ 62,761.24 | |
| £ | 160,721.36 | £ 160,721.36 |
The main source of income is from the fees and Nursery Education Funding for two, three and four-year-olds, which is £94,243.36. The main expenditure of £103,248.14 is the staffing costs, including wages, pension, training and payroll. The total utilities costs were £2372.45 and the property maintenance was £6,132.99, which included the replacement of the old wooden handrails around the pathway at the front of the building with galvanised metal. It
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should be noted that there were two invoices for this work, one paid in the last financial year with the balance being paid in this financial year.
The total amount of fundraising was £15.00.
Future Plans
In order to ensure that our preschool is accessible to all of the families in the community, it is our intention to keep the costs as low as is financially sustainable. However due to a rise in costs in all areas of the preschool, the fees will be increased in September 2022. It is our continued plan to investigate funding to enable our outdoor facilities to be improved, such as shelters/canopies to be installed to give relief from the weather for both children and parents. This will enable extended outdoor play.
The building needs to be decorated both inside and outside.
To further enhance the children's experiences, extend their learning and build confidence we will continue to provide weekly French and yoga sessions. However, this will need to be regularly reviewed as outgoings continue to increase but the government funding does not.
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Trelowan Pre School 2022123 tember- A Cat Income Ex endlture Fees 19,289.50 Uniform 154.(M) Fundraisin8 Cornwall Council 15.LK> 74,953.86 5(K).¢YJ Apprenticeship Transfers in Wages Electriclty Water 98.222.60 1.381.06 382.27 Telephone Insurance 87.36 696.48 1,238.68 Repairs/garden Equlpment Team building Leaving gift5 Trainln8 Registration Petty cash DBS 6,132.99 1,372.49 159.30 267.60 93.78 French teacher 7(M).00 Payroll Bank charges Unlform expenditure Penslon 614.76 3.890.10 Yoga Instrurtor To Iln 1,405.00 94.999.72 tal ex onditu 116,671.20 rofit/loss (21,671.48J
TRELOWAN PRE-SCHOOL BALANCE SHEEf I SEPTEMBER 2022- 31" AUGUST 2023 INCOME EXPENDITURE Balance as at I Sept 2022 Fees Cornwall County Council Telephone Uniform Apprenticeship Fundraising 62761.24 19289.50 74953.86 87.36 Wages HMRC EDF sww BT Insurance Maintenance Equipment Team Building Trainin8 DBS Re8iStration French Tutor Yo8a Tutor Pension Payroll Bank Char8es 86995.06 11227.54 1381.06 382.27 696.48 1238.68 6132.99 1372.48 159.30 267.60 93.78 50.00 7(xJ.00 1405.00 3890.10 614.76 64.09 154.00 500. 15.00 Balance as at 31 Aug 41089.76 £157760.96 £157760.96 Balance a5 per Cash Book £41089.76 Balance as per Bank Statement £41089.76 I certify that this Is 3 true record, as presented to me, of Trelowan Pre-school accounts for 1st September 2022 to 31" August 2023 Chri ine Franci5 l Jul 2021