## **Trustees report for the period ended 31 August 2022**
The Trustees of Chipping Warden Kindergarten present their annual report and accounts for the period ended 31 August 2022 and confirm they comply with the requirements of the Charities Act 2022, the trust deed and the Charities SORP.
## **Structure, governance and management**
The overall management and control of the Kindergarten shall vest in the individual members of its management committee who are the charity trustees of the Kindergarten.
The committee members shall be elected for a term of one year at the Annual General Meeting. Committee members are eligible for re-election unless they have already served on the Committee in any capacity for six consecutive years. Prospective new elected members of the Committee shall be those candidates from amongst those having notified their willingness to stand who receive the highest number of votes from the Members up to a maximum of 12.
## **Objectives and activities**
The objects of the kindergarten are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:
1. Offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability,
2. Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas,
3. Instigating and adhering to and furthering the aims and objects of the Pre-school Learning Alliance,
4. Chipping Warden Kindergarten operates from the grounds of Chipping Warden Primary School in Northamptonshire. The kindergarten serves children from the local community and surrounding villages.
Transition for the kindergarten children to school is smooth, due to the fact that school staff and kindergarten staff are able to liaise with one another easily. The kindergarten and reception children meet regularly and participate in activities together. Having kindergarten children on site adds an extra dimension to the school.
The trustees have had regard to the guidance issued by the Charity Commission on public benefit.
## **Achievements and performance**
Kindergarten has had successful year. We have become a forest school, which is a magnificent offer to our children/families.
We’ve had many moments of celebration, including three ladies who qualified as level 3 practitioners and two staff who have Qualified in forest school training Level 3. Two have also qualified in the phonics scheme ‘Read, Write, Inc’ for nursery age. It’s quite a rare achievement to have all staff (including bank staff), qualified in level 3 and above. We feel very honoured to be in this position. All staff have committed to CPD in safeguarding children and paediatric first aid and are all up to date.
We have contributed financially to and watched the building of our new Kindy/School play park (for CWPA and Kindergarten pupils), and in the Summer of 2022, we had a revamp of furniture indoors.
We have more plans for the future, to replace some existing gates and fences and to extend forest school, and creating more outdoor space for the Kindergarten and adjoined school children to enjoy.
Our Facebook pages, which includes our Kindy donation shop, are used continuously to fund raise, and our activities and news go on our main Kindergarten page.
Kindy’s new academic year 2022/2023, has started on a very positive note, with a new parent/child stay and play session on the first day. We gave a warm welcome to all our new children and their families. We are so proud of how well everyone settled. We have a very strong number of 39 children booked, as we started our school year.
Our outlook for the year 2022/23 is very positive, with the early prospect of being at maximum capacity very quickly.
## **Financial review**
The charity is a non profit making organisation. Any excess income over expenditure arising in one period will be used to support times when numbers of children attending are lower or are used for capital expenditure.
The main source of the charities funds comes from the LEAs funding re Early Years Learning. Parent’s fees for the younger children and fundraising make up a significant amount of the rest of the resources. The kindergarten maintains a high staff to child ratio and supports staff in their training.
This was a very successful year showing a strong recovery following the pandemic.
Fee income increased by 30% over the year with the majority of the increase being for non funded places. Staffing expenditure increased by 26% reflecting the increase in numbers of children as well as a 6.6% payrise being implemented in April. There are now 13 people employed at the kindergarten providing significant employment within a rural village. Overall running costs, including fixed overheads, increased by 19%.
Due to the success of the year the nursery invested in new equipment. They invested a total of £9,000 in outdoor play equipment, Ipads, a computer and new furniture.
Expenditure has supported the key objectives of the charity.
The kindergarten continues to go from strength to strength providing a quality setting with experienced staff.
**Chipping Warden School Kindergarten 1031732**
**Receipts and payments accounts For the period 01-Sep-21 31-Aug-22 To from**
## **Section A Receipts and payments**
**----- Start of picture text -----**
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Funding income 68,245 - - 68,245 63,831
Parental fees 53,675 - - 53,675 29,411
Grants 19 - - 19 1,046
Fundraising 3,778 - - 3,778 4,848
Donations and recharges - - - - 1,226
Interest 8 - - 8 2
- - - - -
Sub total (Gross income for
AR) [ 125,725 ] - - 125,725 100,364
A2 Asset and investment sales
- - - -
- - - - -
Sub total - - - - -
Total receipts 125,725 - - 125,725 100,364
A3 Payments
Wages 98,708 - - 98,708 79,467
Employers national insurance 254 - - 254 -
Employers Pension contributions 1,520 - - 1,520 901
Staff training 228 - - 228 2,406
Telephone 283 - - 283 341
Property costs 450 - - 450 907
Utilities 2,361 2,361 1,846
Educational supplies 2,301 - - 2,301 2,245
Uniform - - - - 133
Food purchases 288 - - 288 375
Office expenses 364 - - 364 23
Computer software and maintenance 213 - - 213 462
Cleaning and consumables 1,603 - - 1,603 1,044
Fundraising costs - - - - 20
Donations, gifts, staff entertainment 1,247 - - 1,247 968
Advertising 1,162 - - 1,162 1,099
Insurance 434 - - 434 426
Licences, memberships, DBS 384 - - 384 502
Professional and legal fees 1,863 - - 1,863 2,172
Sub total [ 113,664 ] - - 113,664 95,335
A4 Asset and investment
purchases, (see table)
Purchase of fixed assets 9,282 - - 9,282 350
- - - -
Sub total [ 9,282 ] - - 9,282 350
Total payments 122,946 - - 122,946 95,685
Net of receipts/(payments) 2,779 - - 2,779 4,679
A5 Transfers between funds - - - - -
A6 Cash funds last year end 64,408 - - 64,408 59,729
Cash funds this year end 67,187 - - 67,187 64,408
**----- End of picture text -----**
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
Signed by trustees on behalf
of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**|
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Current account
Premium account
**Details**
Petty cash
Debtors due
**Details**
**Details**
**IPADS - 2017**
**Computer - 2019**
**Shed - 2019**
**Artificial Grass - 2019**
**Furniture - 2019**
**Carpets - 2020**
**Water heater - 2020**
**Details**
**IPADS - 2022**
**Play Equipment - 2022**
**Furniture - 2022**
**Vacuum - 2022**
**Pension payments due**
**Utilities due**
**Shed - 2021**
**Laptop - 2022**
Signature|**Unrestricted**
**funds**
**Restricted funds**
**to nearest £**
**to nearest £**
**22,005**
**-**
**45,003**
**-**
**179**
**-**
**67,187**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted funds**
**to nearest £**
**to nearest £**
**439**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
Unrestricted
**857**
Unrestricted
**498**
Unrestricted
**1,893**
Unrestricted
**2,446**
Unrestricted
**460**
Unrestricted
**380**
Unrestricted
**2,319**
Unrestricted
**350**
Unrestricted
**1,019**
Unrestricted
**5,000**
Unrestricted
**2,349**
Unrestricted
**234**
Unrestricted
**680**
**Fund to which**
**liability relates**
**Amount Due**
Unrestricted
**365**
Unrestricted
**787**
**-**
Print Name
Lucy Cullen
Elizabeth Isherwood|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**|
|---|---|---|---|
||||**-**|
||||OK
**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Date Due**
**05 September 2022**
**26 September 2022**
Date of approval
08 November 2022
08 November 2022|
Independent examiner's report to the trustees of Chipping Warden Kindergarten
I report on the accounts of the charity for the year ended 31 August 2022, which are set out on pages 1 - 2.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## Basis of independent examiner's report
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act, have not been met.
Mrs Delyth Bending Chartered Accountant ICAEW FCA
Delyth Bending Accountancy Ltd
4 The Paddock, Lower Boddington, Northants, NN11 6YF
5 October 2022