## **TRELOWAN PRESCHOOL Trustee’s Annual Report September 2024 – August 2025**
**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**
- The children
- The families
- Employees (employment, training, self development)
- • 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 new 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**
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**
We received our September 2024 estimated government funding payment in August 2024, which means that it was included as part of 2023/24 financial accounts rather than the 2024/25. This gave an increased income of £20,000 for 2023/24 and a decreased income of £20,000 for the 2024/25 accounts period.
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## **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 all 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 (both FRAS Funding & Working Family Funding) has also been received this year.
We have continued to work with schools and colleges, providing placements and work experience for students.
Trelowan Preschool has the support of the Early Years Advisory Teacher and the Early Years inclusion team, who help review and evaluate our practice. The Trelowan team work closely with parents and outside professionals, such as the speech therapists and the early years inclusion team 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, promoting both self-esteem and physical confidence – EYPP was used towards the cost of the tutors.
## **Financial report**
The Preschool Manager maintains the financial records. They are reviewed by the Preschool Treasurer and examined by an independent body (Mrs Dawn Mills).
## Accounts balance summary for **2024/2025**
|**Balance****_(1st Sept 2024)_**|£ 61,226.60|**Expenditure**|£126,767.73|
|---|---|---|---|
|**Income**|£109,326.04|**Balance****_(31st Aug 2025)_ **|£ 43,784.91|
||£170,552.64||£170,552.64|
|||||
## Accounts balance for summary **2023/2024**
|**Balance****_(1st Sept 2023)_**|£ 41,089.76|**Expenditure**|£113,176.63|
|---|---|---|---|
|**Income**|£133,313.47|**Balance****_(31st Aug 2024)_ **|£ 61,226.60|
||£174,403.23||£174,403.23|
|||||
The main source of income is from Nursery Education Funding for two, three and four-yearolds, which is £98,176 – this figure should have been £119,000 with Autumn Term estimated payment included. The main expenditure of £103,255 is the staffing costs, including wages, pension, training and payroll. The total utilities costs were £3312.14, insurance 2767.08 and the maintenance of the property was £1223.76, which includes the upkeep of the building, the garden, alarms and fire safety.
The total amount of fundraising was £284.00.
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## **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 need be reviewed and updated by April 2026.
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.
## **The trustees declare that they have approved the trustees report above. Signed on behalf of the charity’s trustees**
|**Signed**||**Signed**||
|---|---|---|---|
|**Full**
**name**|**Christine Lucas**|**Full**
**name**|**Lisa Head**|
|**Position**|**Chairperson**|**Position**|**Treasurer**|
|**Date**|**01/05/2026**|**Date**|**01/05/2026**|
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Fees
Uniform
Fundrdising
Cornwall Council
Apprenticeship
RefurMIs
Trdnsfers in
Transfers out
Wages
HMRC
Electrlclty
Water
Telephone
Insurance
Repalrs/8arden
Equipment
Food/drink
Team buildlrva
Leaving gifts
Trdinin8
Re8lStration
Petty cash
DBS
French teacher
Activities
Payroll
Bank charges
Uniform expendlture
Pension
Yoga Instructor
9,897.50
177.00
284.IX)
98,176.45
791.09
10,000.00
89,236.93
9,258.63
2,077.42
392.85
841.87
2,767.08
1,223.76
2,063.48
63.97
272.35
88.60
118.32
1.050.00
178.80
700.85
66.16
821.00
3,970.66
1,575.00
126.767.73
10932&04
Net Surplus/(Deficit)
(17,441.69)
Independent Examiner's Report on the
2024/2025 Accounts of Trelowan Preschool
Charity No: 1031344
Thls Is a Teport to the trustees of Trelowan Preschool on the charity accounts for
the year ended - 3 1/08/2025.
As the charity's trustees, you are Tesponsible for the preparation of the accounts in
accordance with the requirements of the Chities Aci 2011.
I, Mrs Dawn Mills report in respect of my examtIOn of the Charity's accounts for
the year ended 3 1/08/202 5
I have completed my exan]ination. I conflrni thai I have no concerns and have come
across no other matters in conuection with the ex8Jnfination to wkn'ch attention should
be drawn.
Accounts Balance Summary for 2024/2025
Openlng
Balance
(I" Sept 2024)
61.226.60
[126,767.73
Income
£109,326.04
Closlng
Balance
131" Amg 202S)
£ 43,784.91
£170,552.64
£170.552.64
I certify that this is a true record, as presented to me, of Trelowan Pre.School accounts
for I ' September 2024 to 31 °August 2025
sned.
QLI (tr11LJ
Date:
3.E 202
Name:
f4wa M itr&S
Relevant Professional
Qualificationls) OT body
(if any):