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2020-08-31-accounts

Trustees' Annual Report for the period

Period start date Period end date 01 Sep 2019 31 Aug 2020

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To

Section A Reference and administration details

Charity name Digby Village Preschool Other names charity is known by Digby Playgroup Registered charity number (if any) 1032999 Charity's principal address c/o Digby Church of England Primary School Church Street Digby, Lincolnshire Postcode LN4 3LZ

Names of the charity trustees who manage the charity

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Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Jane Goddard Chair Membership
EmilyClement Treasurer Membership
Sharon Venn Membership
Emma Brown Membership
Francoise Young Membership
Faye Taylor Membership
Barbara Brown From 13 Feb 2020 Membership

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year
Nil

Names and addresses of advisers (Optional information)

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Type of adviser
Name
Address
Type of adviser
Name
Address
Type of adviser
Name
Address
Nil

Name of chief executive or names of senior staff members (Optional information)

Manager 1 Sep 19 – 31 Aug 20 Donna Cottrell

Section B Structure, governance and management

Description of the charity’s trusts

Constitution

Type of governing document (eg. trust deed, constitution) Association How the charity is constituted

Elected by membership Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

All trustees have a full induction and receive copies of all relevant policies and procedures including Roles and Responsibilities of Committee Members.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

To enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.

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We provide early years education and childcare for 2 to 4 year olds in a friendly and stimulating environment, offering government funded places from the age of 2.

Digby Village Preschool has been operating for many years and reregistered in 2006 when it moved to its current location. It is a not-forprofit organisation and a registered charity.

Operating from Digby Church of England Primary School premises, it uses a classroom within the school whilst also having access to the various school facilities including the hall and outside play areas.

Summary of the main activities undertaken for the public benefit in relation to The location of the preschool within the Primary School is an ideal these objects (include within stepping stone in preparing children for starting full time education. this section the statutory declaration that trustees have The preschool is managed by a volunteer committee, but employs had regard to the guidance experienced child care professionals to undertake the daily running of the issued by the Charity facility. Commission on public benefit) As a not-for-profit organisation, all fees and funding received, goes

As a not-for-profit organisation, all fees and funding received, goes directly to pay all the regular business outgoings. Any ‘profit’ thereafter is channelled straight back into the preschool to pay for replacing equipment, toys etc.

The preschool is run in accordance with Ofsted regulations and conforms to the Early Years Foundation practices.

Trustees have had full regard to the guidance issued by the Charity Commission on public benefit throughout the period.

Additional details of objectives and activities (Optional information)

Nothing additional to report.

You may choose to include further statements, where relevant, about:

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Section D Achievements and performance

Summary of the main achievements of the charity during the year

We have continued to provide quality child care and early years education, operating from within Digby Church of England Primary School premises. Government funding and fees have covered the main business costs of wages and room hire, some fundraising did happen in an effort to provide better, newer resources, equipment and toys. From Mar 2020 the Preschool had to close due to the COVID-19 pandemic. However, staff worked remotely with the children over media platforms to ensure some continuity. 13 families have benefitted, albeit remotely from March 2020, with learning/childcare provided 5 days a week over 39 weeks (aligned to the school term).

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Section E Financial review

Digby Village Preschool has just over £5000 held in a second bank Brief statement of the account. This amount is held to cover any redundancy payments should charity’s policy on reserves they be required.

Any funds remaining at the end of the financial year in both accounts are carried forward to the next financial year.

Details of any funds materially in deficit

Nil

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

Principal sources of funds: Fees, funding from Lincolnshire County Council (LCC), fundraising from Christmas performance, Henry Young Trust Christmas donation.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary, Chair,
etc)
Date
J Goddard E Clement
Jane Goddard Emily Clement

Chair
Treasurer
7 Jun 2021
7 Jun 2021

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Digby Village Preschool

Income and Expenditure (Current) Account

For the Year Ended 31[st] August 2020

Income £
Fees 2939.00
Grants 38143.01
Fundraising 181.83
Donations 200.00
Transfer from Deposit Acct 0
Misc. 170.75
41634.59

Expenditure

Petty Cash 221.00
Wages 35,655.76
Room Hire 2410.01
Equipment 1571.47
Courses 110.00
Fundraising 0
Advertising 10.00
Tax 3285.72
Transfer to Deposit Account 0
Misc. 1159.64
Accountant 150.00
44,573.60
Summary
Total Income £41,634.59
Total Expenditure £44,573.60
Income over Expenditure £-2939.01
Deposit Account – Income £30.04
Deposit Account – Expenditure £00.00
Income over Expenditure £30.04

Digby Village Preschool

Balance Sheet Account

For the Year Ended 31[st] August 2020

Current Assets (held on 31 Aug 20)
Current Bank Account
Less Reconciling Items (A)
Petty Cash
Deposit Account
Total
Financed By
Accumulated Fund (assets held on 1 Sep 19)
Additional Income over Expenditure over the year
Total
Reconciling Items (A)
Receipt not showing on statement
Cheques Drawn Not Yet Banked
£11542.42
£0
£0
£5037.84
£16,580.26
£19,489.23
£-2908.97
£16,580.26
£0.00
£0.00
£0.00

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