## **Trustees’ Annual Report for the period**
**From 1st September 2022 To**
## **31st August 2023**
**Charity name: Long Buckby Preschool**
**Charity registration number: 1033171**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**The aims of the Pre-school 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:**
**(a) 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;**
**(b) 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;**
**(c) instigating and adhering to and**
**furthering the aims and objects of the**
**Pre-school Learning Alliance.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**school Learning Alliance.**
**The charity employs a staff of as many as**
**eight practitioners (depending on number**
**of students enrolled) including a**
**manager and deputy manager. Renting a**
**room from the local Baptist church, we**
**provide preschool education and**
**childcare for two to five year olds during**
**weekdays and school term-time, Monday**
**to Friday, 9am-3pm.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Our trustees have complied with their**
**duty to have due regard to the**
**commission’s public benefit guidance**
**when exercising any powers or duties to**
**which the guidance is relevant.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Over the 2022-2023 academic year, Long**
**Buckby Preschool continued to provide**
**high-quality and safe preschool**
**education and childcare to residents of**
**Long Buckby village and the surrounding**
**area. We were also able to provide**
**support for children with special**
**educational needs to participate in**
**preschool activities.**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|
|---|---|
||||||
|---|---|---|---|---|
||Performance of fundraising|Para 1.41|||
||activities against objectives||||
||set||||
||Investment performance|Para 1.41|||
||against objectives||||
||Other||||
||||||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**The position at the end of this period is**
**viable, with sufficient funds to cover**
**operating expenses.**|
|
Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|
**We hold savings to indemnify trustees in**
**the event of the charity acquiring large**
**financial liabilities, as we are**
**unincorporated at this time, and to cover**
**operational costs in the event of a**
**significant reduction in income.**|
|Amount of reserves held|Para 1.22|
**£59,534**|
|Reasons for holding zero
reserves|Para 1.22|**n/a**|
|Details of fund materially in
deficit|Para 1.24|**n/a**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**The principal risk to the charity is if**
**enrollment numbers decline, reducing**
**our income from fees and local**
**government childcare funding. However**
**enrollment numbers remained healthy**
**throughout this period.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Our funding sources include:**
*** collecting fees from parents**
*** receive funding from local government**
**as part of parent’s entitlement to free**
**childcare for 2 and 3 year olds**
*** additional funding via the pupil premium**
**for children from lower income**
**households**
*** additional funding from local**
**government for children with special**
**educational needs**
*** fundraising activities**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|
**The charity does not maintain**
**investments, beyond holding its reserves**
**in an instant access savings account.**|
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
||||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution, as drafted by the Early**
**Years Alliance**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Unincorporated association**|
|
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustees are elected annually at an**
**Annual General Meeting by members of**
**the charity, or else co-opted by the**
**committee of trustees.**|
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
|
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51|
**Trustees have enhanced CRB checks and**
**EY2 checks for eligibility with Ofsted.**|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**The charity has membership of and is**
**advised by the Early Years Alliance.**|
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|Long Buckby Pre-school|
|---|---|
|
Other name the charity uses|
Long Buckby Preschool|
|Registered charity number|1033171|
|Charity’s principal address|Long Buckby Preschool
Market Square
Long Buckby
Northants
NN6 7RR|
|||
||**Names of the charity trustees who manage the charity**|**Names of the charity trustees who manage the charity**|**Names of the charity trustees who manage the charity**|**Names of the charity trustees who manage the charity**|**Names of the charity trustees who manage the charity**|**Names of the charity trustees who manage the charity**||
|---|---|---|---|---|---|---|---|
||||**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**||
|||1|Sarah O’Shea|Treasurer (06 July
2022 - 18 January
2023)|06 July 2022 - 18
January 2023|||
|||2|Thomas Lawrence|Chair|wholeyear|||
|||3|Lianne Schofield|Secretary (07 Feb
2023 - 29 June
2023)|06 July 2022 - 29 June
2023|||
|||4|WendyMorrison||wholeyear|||
|||5|Mickalla Maxwell||06 July 2022 - 08
September 2022|||
|||6|Michael O’Neil|Secretary (06 July
2022 - 16
September 2022)|06 July 2022 - 16
September 2022|||
|||7|Lynda Allibone||06 July 2022 - 28
September 2022|||
|||8|Jente Thornton||06 July 2022 - 02
December 2022|||
|||9|Natalie Sheldon|Secretary (16
September 2022 -
23 January2023)|06 July 2022 - 23
January 2023|||
|||10|Stacey Shirley|Treasurer (07 Feb
2023 - 29 June
2023)|06 July 2022 - 29 June
2023|||
|||11|Dawn Willetts||06 July 2022 - 29 June
2023|||
|||12|Natasha Davies||06 July 2022 - 29 June
2023|||
|||13|Lucy Macleod|Treasurer (29 June
2023 onwards)|29 June 2023 onwards|||
|||14|Theresa O’Shea||29 June 2023 onwards|||
|||15|Samantha Waters|Secretary (29 June
2023 onwards)|29 June 2023 onwards|||
– Corporate trustees names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Additional information (optional)**|**Additional information (optional)**|**Additional information (optional)**|**Additional information (optional)**|**Additional information (optional)**|
|---|---|---|---|---|
|
**Names and addresses of advisers (Optional information)**|||||
||**Type of**
**adviser**|**Name**|**Address**||
||**Bookkeeper**|Rhoda Thomas|6 Watts Way, Long Buckby, Northampton NN6 7QX||
||||||
||||||
||||||
||**Name of chief executive or names of senior staff members (Optional information)**||||
||Lucy Macleod||||
||||||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
**Declarations**
**The trustees declare that they have approved the trustees’ report above.**
|||**Signature(s)**|**Signature(s)**||||||
|---|---|---|---|---|---|---|---|---|
|~~a~~
~~ep~~|~~a~~
~~ep~~|~~a~~
~~ep~~||||||~~a~~|
|~~ep~~
|~~ep~~
~~Se~~|**Full name(s)**
~~ep~~
~~Se~~||Thomas Lawrence
||Stacey Shirley
|||
|~~ep~~
|~~ep~~
~~Se~~|~~ep~~
~~Se~~|||||||
|**Position (eg Secretary,**
**Chair, etc)**
~~ep~~
~~Se~~|||Chair
||Treasurer
||||
|~~pO~~
~~es~~
~~ee~~|||||||||
|~~es~~|**Date**
~~es~~||29/06/2023
~~ee~~||||||
## **Profit and Loss**
## **Long Buckby Pre School For the year ended 31 August 2023**
|**Profit and Loss**
**Long Buckby Pre School**
**For the year ended 31 August 2023**||
|---|---|
||**2023**|
|**Turnover**||
|Council funding payment|81,351.37|
|Interest Income|1,584.66|
|**Total Turnover**|**82,936.03**|
|**Cost of Sales**||
|Direct Expenses|665.06|
|Direct Wages|38,949.88|
|Physically Active|791.26|
|Resources|401.90|
|**Total Cost of Sales**|**40,808.10**|
|**Gross Profit**|**42,127.93**|
|**Administrative Costs**||
|Audit & Accountancy fees|308.00|
|Charitable and Political Donations|(77.78)|
|Cleaning|593.45|
|Committee fundraising costs|81.91|
|Employers National Insurance|(289.80)|
|ESPO|526.55|
|General Expenses|282.97|
|Interest Paid|(100.37)|
|IT Software and Consumables|3,388.80|
|Pensions Costs|1,380.29|
|Printing & Stationery|22.90|
|Rent|3,597.75|
|Repairs & Maintenance|50.00|
|Salaries|37,813.64|
|Staff Training|542.00|
|Staff uniforms|97.54|
|Subscriptions|899.20|
|Telephone & Internet|1,241.22|
|Trip costs|25.00|
|**Total Administrative Costs**|**50,383.27**|
|**Operating Profit**|**(8,255.34)**|
|**Other Income**||
|Committee fundraising income|42.00|
|Donations|123.71|
|Parents Fees and additional costs|16,337.26|
Profit and Loss Long Buckby Pre School
17 Jul 2024 Page 1 of 2
Profit and Loss
||**2023**|
|---|---|
|||
|PETTYCASH|24.60|
|**Total Other Income**|**16,527.57**|
|**Profit on Ordinary Activities Before Taxation**|**8,272.23**|
|**Profit after Taxation**|**8,272.23**|
Profit and Loss Long Buckby Pre School
17 Jul 2024 Page 2 of 2
Jo Watson Vandyplank House 9 High Street Long Buckby Northants, NN6 RE
Mrs Rhoda Thomas Long Buckby Preschool Market Square Long Buckby Northants NN6 7RR
29[th] July 2024
Dear Rhoda,
I can confirm that no matters have come to my attention in connection with the examination of the paperwork supplied, which gives me cause to believe that, in any material respect, the accounting records were not kept in accordance with section 130 of the Charities Act.
Kind regards,
**Jo Watson**