2023-08-31-accounts - Central Pre-School

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Central Pre-School
Contents
Forthe year ending 31st	August 2023
			Page
Legal and Administrative	Information
Trustees Report
Independent Examiner's	Report
Summary Income and Expenditure		Account
Balance Sheet
Notes to the Financial Statements

							tulip ieferem
Summary ofthe purposes ln its governing document					ofthe	charity as setout	Para l.11	Tocare for and enhance the development and education from 2years old up to5years okh	ofchildren,
								Offering appropriiata play, education and care facilities for children
								aged 2-1 in asafe, secure, and stimulating environment,	whatever
								their ram culture, regglon, means or abglty.
								Weoffer an affordable breakfast dub and aRer school club to any
								child attending the setting and the local primary school.
Summary ofthe main activities in relation to those purposes for the pubic benefit, in parricular, the activities, projects orservices							Para 1.17and 1.19	We now offer ag veer-round care for any families needing chil deere through the school hogdays.
identified	in	the accounts.
								We elm toenhance ther development and education by	encouraging
								learning, self-congdence, and independence. We offer a	varied
								curriculum that supports children's indwidual needs, ercouraging
								them to meet their own unique goals.
								Meeting the needs ofany chid with special educational	needs, and
								s up po ning the families as needed.
Statement	confirming			whether		the trustees have		AETrustees have been advised under guidance of pubfic	benefit which
had regard		to the guidance			Issued by the Charity		Pare 1.18	istoserve families and their cMldren with accessto Early years
Commlmlon			on pubic	benefit				pnwisiiais.
Contribution			made by	volunteers			Para 238	Ag staff and trustees offer their time for free to improve end to run fundra ising events in order to raise funds for	the setting the setting.
								Ag staff and trustees offer their time fer freetoimprove	the setting
								and to run fundra ising events In order to raise funds for	the setting.
								Wealso encourage ag parents and families olthe child	em attending
Contribution			made by	volunteers			Para 1.38	tovolunteer their lime to help «s out byjoining a session to play with chikkan.
								We arrange for valunteers from a local company to spend a day with
								«stoRive our fmnt garden amakeover, they did a wonderful job for
								which we are highly grateful.

					During the year, one ofour kmg-standing staff members completed
					hw Level 3fiualificaticm and another staff member embarked on the
					same course. This training enhances their practise and knowledge.
					Many staff members have attended training courses that we were
					tuck tosecutre agrant for.from the HAF club programme. This also
					enabled us to book an In-house group training ofsignalong for ag staff
					members, being a huge advantage tothose chgdran with SEND.
					We organised a trip toCotswokl Wgdlife Park, which many children
					wouldn't be able to experience without this group booking also we
					arranged foramobge farm tovisit the setting togive ag chgdren
					auending the experience ofmany different animals.
Summary ofthe main achievements			ofthe		Weance again arrange our annual cinema trip in December 2022 with
charity, Identifying the difference the charity's					another pre-school.
work has made to the circumstances			ofits	Para 1.20
beneiiclaries and any wider		benefits	tosociety as		We managed to purchase new resources forour SEND chgdren to help
awhole.					with language and communication, this is a huige benefit and
					something we like tofundralse for.
					We are very passionate about celebrating afi the different cultural
					festivals. We buy resources for the children tomake spedal items to
					take home, and for ag that attend to leam about the many different
					festivals celebrated by our diverse range of famlfies.
					Inlanusry 2023, we changed from Parents to Blossom, adatabase
					that stores ag the children's information, as well as the learning and
					education paperwork. we are hopeful that will cut dawn our costs of
					prlnung paperwork and photographs.
					This year we have again, cantinued towork on the upkeep ofthe
					bugding and replace old, tired or broken resources.
					Central Pre-school aim toarrange as many fundralslng activities as
					possible to enable us to fmprove the setting.
Perfonnance objectives set	offundrablng	activities against		Para 1.41	This year we held many chirstmas fundraisers, including aconcert, disco and story time. Wewere also bvery lucky tobe invited to hold a stall atthe fete ofthe local orimary school In the summer.
					We also had a local community centre rane fund» at afete and donate
					ittothe setting, this was very generous and much appreciated.

		Finances are stgl a worry with pay rates rising a lot, yearly, and the	Finances are stgl a worry with pay rates rising a lot, yearly, and the
Review ofthe charity's Rnancial position at the end ofthe period	Pam 1.21	cost of living also still rising tomention acut in funding	but with no major Increase in funding. Not for SEND Inclusion. We are stgl trying to
		cut back an spending wherever possible ta help.
		We try to have a reserve af	funds in the event oflaw numbers atthe
Statement explaining the policy for holding resenres stating why they are held		start afthe year which Isvery common. We also have a very small ~eserve In caseofredundandes, we do need to bugd on this now. reserves are lower than we would tike them to be to give us more		Our
		security forthe year ahead.
Explanation ofany uncertainties about the charlty continuing as a going concern	Para 1.23	The cuwent trustees would very much like to step down, but we are finding it very difficuh ta replace them.
		Our main source ofincome	isfrom Government Early Years Education
		funding.
The charity's principal sources offunds fincluding	Para 1.47	As well as this we charge a attending.	consumable fee ofEl per day to each chid
any fundraisingj		Wealso invoice for any non-funded hours and the breakfast and after
		school dub.
		We hold fundraising events	when possible,
structure, Glmarnance and Istanagamem
Type of governing document	Para 1.23	Constitution
How isthe charity constituited?	Para 1.2S	Unmcorporated Association
Trustee selection methods Indudlng detags ofany
constitutional provisions e,g.election to post or	Para 1.25	Bected at AGM
name of any person or body entitled to appoint
one or more trustees
		Ag trustees and committee	members complete an enhanced
Pogdes and procedures adopted for the induction and traming oftrustees	Para LS1	volunteers DRScheck, and an EY2form through Ofsted. Online training Isprovrded for agtrustees through PSIA, Ag trustees sign		a
		confidentiality policy.
Reference and admrnstrative details shown on page	1ofthe accounts
This report was approved tty the Trustees on...Rfith.	tune ROR4-


Tha Central re@choo)							Page 6
Summary Income end Expenditure		Account
Forthe year ending 31stAugust 2023
				Uluaslrlctmf	Rslrhted	St/08/2023	31/08/2022
			Notes tothe	Funds	Funds	Tetal funds	Total	funds
			Alxuants	E		6		6
Inconla
6rants				182,064	1,564	183,628	135,990
Fees				46,067		46,067		29,677
Fundraising				1,344		1,344		588
Uniform				395		395		266
Deposit Account Interest				32		32		1
				~229 902	1,564
Expenditure
Gross Wages,	Nl &Pensions			174,505		174,505	150,297
Rent				26,814		26,814		19,450
General Office &Admin Expenses				7,394		7,394		9,322
Premises Expenses				1,719		1,719		2,100
Misc Fees &Courses				3,347	310	3,657		4,347
Educational Fees 8 Expenses				141	1,452	1,593		1,677
Hospltagty, Sports &Entertainments								39
Professional	Fees Silnsurances			1491		1,591		1,464
Depreciation				2,605		2,605		2,724
Bad debts								899
Bank Charges
Total				218,116	1,762	219,878	~192319
NET INCOME/)EBPENDITUBE)				11,786	1198)	11,588		(25,797)
Tmnsfers between	funds			)17)	17
Net move mant In	funds			11,769	)IS1)	11488		(25,797)
BECONQUATION	OF FUNDS
Total funds bought	forward			27,150	310	27,460		53,257
Total funds carried	forward			38,919	129	39,048		27,460

The Centml Predshoo)
Ra)sees ghost
As at31stAugust 2023
		Uulsmlkted	Restrbted	31/03/2023	31/og/2022
	Notes totlm	Fwuls	Funds	Totalfunds	Total funds
	Attrmnts	E	6	E	E
Tangible Fixed Assets		7,813		7,813	10,418
Currelll Assets
Cash in Hand		587		587	771
Cash at Bank		33,002		33,131	18,417
Stork .Uniform		32		32	183
Debtors 8 Prapayments		698		698	447
		34,319	129	34,448	19,818
Creditors
Amounts falling due whhin one year	6	(3,213)		(3,213)	(2776)
Net Current Anmla		31,106	129	31,235	17,042
Net Assets			129	39,048	27,460
Funds
Unrestricted funds				38,919	27,150
Restricted funds				129	310
Total funds				39,048	27,460

Comparfdyes for	the shrlement offlnandal scthrides-2022
		Unrestdcted	Restricted	Total
		Funds	Funds	Farld»
		6	6	E
lrlmrrul
SBCGrants		128,668	7,322	135,990
Fees		29,943		?9,943
Fundraising		588		588
Deposit account interest
Total		159,200	7,322	266+22
Expenditure
Gross Wages, Nl IL Pensions		150,297		150,297
Rent		ZBXISD		19,450
General Offlce8Admin Expenses		9,322		9,322
Premises Expenses		2,100		2,100
Misc Fees ILCourses		4,253	94	4,347
Educational	Fees IL Expenses	782	895	1,677
Hospitagty,	Sports and Entertainments	39		39
Professional	Fees8Insurances	1,464		1,464
Depredation		2,724		2,724
Bad debts		899
Total		191,330	989	292919

The Cenkai Pre-School	The Cenkai Pre-School
Notes tothe Financial 5 atements
Forthe ymr ending 91stAugust 2023
11	Comparltivea forthe statement offfnandal acdvhies	—mntlnued
			Unrestrkted	Restrkted	Total
			Funds	Funds	Funds
			6	6	6
	Net Income / (Eapenditure)		(32,130)	6,333	(25,797)
	Transfers between funds		6,023	(6,023)
	Remndlktlon offunds
	Totalfunds broughtforward		53,257		53,257
	Total funds carried forward		27,150	310	27,460
11	Movement Infunds
			Net	Trmlsfers
		At 01/09/2022	nuwement in funds	bakmen funds	At 31/08/2023
	Unrestrktad funds
	General fund	27.150	11,7S6	(17)	38,919
	Restricted funds
	Swindon Borough Council 2023		112	17		129
	Swlndoll Borough Council 2022	310	(310)
	Restricted funds	310	(198)	17
	TOTAl FUNDS OFTHE CHARITT	27,460	11,588
	Swindon gonmgh Ceundl-2023

Net movement in funds, included
			Movement In
			funds
Unrestrkted funds
General fund	229,902	(218,116)	11,786
Restricted funlk
Swlndon Borough Council 2023	1,564	(1.452)	112
Swlndon Borough Council 2022		(310)	(310)
Restricted funds		(1,762)	(198)
TOTAL FUNDS OFTHE CHARITY	231,466	(219.878)	11,588

Comparltlves for nmvement in flmds
	At	Net mmmmwlt	In	Transfers between	At
	01/09/2022	funds		funds	M/08/2023
Unrestrkted funds
Generalfund	53,257	(32,130)		6,023	27,150
Restrkled funds
Swindon Borough Council 2022		6,333		(6,023)	310
TOTAL FUNDS DFTHE CHARITY	53,257	25	797		27,460

		Incoming	Resources	Movement In
		lesoolcss	expended	funds
			E
Unrestrkled	funds
General	fund	159,200	(191,330)	(32,130)
Restricted funds
Swindon	Borough Council 2022	7,322	(989)	6,333
Reslricled funds		7,322	(NN)	6,333
TOTAL FUNDS OFTHE CHARITY		166,522	~192,319	~25,797