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2020-08-31-accounts

Trustees’ report 10[th] November 2020

The academic year 2019-2020 has been eventful due in large part to COVID. We were closed from March – June 2020 due to the pandemic and slowly regained more normality. Expenditure was increased partly due to PPE purchasing whilst income had fallen due to closure and a lack of or traditional fundraising.

Holiday club was not able to run this academic year due to the severity of COVID and the risk of holding a service that encourages children from multiple settings. We did exclude school children from entering our breakfast club until September and we liaise with schools to ensure the best measures are put into place and we work together.

We lost one member of staff (Charlotte) although this left us in a strong position regarding staffing and moving forward with the return of Launa predicted in Jan 2021 and the increase of hours of Becky the manager. All staff have had their regular supervisions and training plans have been amended depending on training options, again due to COVID. On her return, Launa is set to be our mental health first aider within the setting. This will be a great asset because it is widely acknowledged that mental health plays a huge role for adults as well as children.

We are continually amending our practice to work closely with parents and carers during the COVID measures.

All children have made good progress that have continued with us and this is apparent in the tracking of cohorts. We are aware that some children had a huge chunk of education and routine disruption during COVID so we are considering this within our steps forward.

The management team appears as

Rebecca King – Manager

Tracy Howlett – Daily supervisor

Catherine – Deputy Daily supervisor

Louise – Senior practitioner

We feel that this is a very strong team that allows us to work to ratio as well as ensuring that there is vital leadership in the setting at all times.

I would like to thank all of the on-site staff team, Jane and the committee for their support in the running of the setting.

Becky King

Lowdham Pre-School

Lowdham Village Hall, Main Street, Lowdham, Notts., NG14 7BD

Registered Charity No. 1032534

Financial Statements for the Year Ended 31[st] August 2020

RECEIPTS and PAYMENTS ACCOUNT

RECEIPTS
Fees
20766
Funding
79960
HMRC Grants and JRS
8459
Breakfast Club
8404
Holiday Club
236
FUNDRAISING RECEIPTS
Brains
-
Co-Op
-
Other
805
TOTAL RECEIPTS
PAYMENTS
Wages
107250
Holiday Club wages & expenses
887
Pension
3656
Payroll
390
Rent
5397
Refreshments
1220
Equipment
-
Materials
3094
Fundraising costs
585
Training course fees
1231
Petty cash expenditure
-
Stationery, insurance and IT
1781
OFSTED and DBS fees
530
Repairs
-
Accountancy
425
Sundries
687
Advertising
-
Uniform
394
TOTAL PAYMENTS
RECEIPTS Less PAYMENTS
Reserves at 1stSeptember 2019
RESERVES at 31st AUGUST 2020
20766
79960
8459
8404
236
2020
117825
805
118630
127527
(8897)
59950
51053
44094
75166
-
8261
2317
2019
129838
7116
-
-
805
1132
5291
693
103366
1807
1111
210
6821
1400
-
3590
259
3131
-
1830
339
-
425
367
-
150
136954
124806
12148
47802
51053 59950

Page 1 of 2

Lowdham Pre-School

Lowdham Village Hall, Main Street, Lowdham, Notts., NG14 7BD

Registered Charity No. 1032534

Financial Statements for the Year Ended 31[st] August 2020 (Continued )

MONETARY ASSETS
Cash in hand
Bank current account
Bank Deposit Bond
TOTAL OF MONETARY ASSETS
DEBTORS
Breakfast Club fees
OTHER ASSETS - NOT VALUED
Various items of play equipment
Computer and office equipment
Stock of fleeces and Polo shirts
Storage Shed
LIABILITIES
PAYE and National Insurance
Supplies of materials and other expenses
Rent - Holiday Club
Wages - Holiday Club
2020
-
51053
-
51053
-
-
-
-
-
2019
-
59950
-
59950
1641
-
36
275
577

NOTES TO THE ACCOUNTS Transactions with Related Parties

During the year, no member of the committee received remuneration. (2019 - £ nil)

Treasurer

October 2020

Page 2 of 2

FINANCIAL STATEMENT

of

Lowdham Pre-School Lowdham Village Hall, Main Street, Lowdham, Nottinghamshire

Registered Charity No. 1032534

For the 12 months ended 31 August 2020

COMMITTEE: (at 31 Aug 2020)

Charlotte Hughes (Chair) Angela Dunning (Treasurer) Natalie Sharman (Secretary) Rebecca King

Xiang Li

BANK:

INDEPENDENT EXAMINER:

HSBC 1 Victoria Road, Netherfield, Nottinghamshire, NG4 2LB

Dr Ian C. Kilpatrick PhD Brook Holm, Criftin Enterprise Centre, Oxton Road, Epperstone, Nottinghamshire, NG14 6AT

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF LOWDHAM PRE-SCHOOL

I report on the accounts of the Trust for the year ended 31[st] August 2020, which are set out on pages 1 and 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:

Basis of independent examiners 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:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Dr Ian C. Kilpatrick PhD Scientific Research Director Epperstone Nottinghamshire NG14 6AT

28[th] October 2020