Trustees’ Annual Report for the period
From 1st September 2023 To 31st August 2024
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 2023-2024 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 | £45085 |
| 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 | Thomas Lawrence | Chair | wholeyear | ||||
| 2 | Wendy Morrison | wholeyear | |||||
| 3 | Lucy Macleod | Treasurer (until 22/07/2024) Secretary (from 22/07/2024) |
whole year | ||||
| 4 | Theresa O’Shea | wholeyear | |||||
| 5 | Samantha Waters | Secretary (until 26/06/2024) |
29/06/2023 - 26/06/2024 | ||||
| 6 | Rhoda Thomas | Treasurer (from 22/07/2024) |
22/07/2024 onwards | ||||
| 7 | Hazel Giles | 26/06/2024 - 16/08/2024 | |||||
| 8 | Tyela Depsi | 26/04/2024 onwards | |||||
| 9 | |||||||
| 10 | |||||||
| 11 | |||||||
| 12 | |||||||
| 13 | |||||||
| 14 | |||||||
| 15 |
– 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 | ||
| 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.
on behalf of the charity’s trustees
Signature(s) ~~a~~ Rhoda Thomas Full name(s) Thomas Lawrence Position (eg Secretary, ~~Se~~ Chair Treasurer ~~ep~~ Chair, etc) ~~pO~~ Date 13/06 ~~es ee~~
Profit and Loss
Long Buckby Pre School For the year ended 31 August 2025
| Profit and Loss Long Buckby Pre School For the year ended 31 August 2025 |
|
|---|---|
| 2025 | |
| Turnover | |
| 2yr Funding | 12,132.70 |
| Council funding payment | 29,490.44 |
| Interest Income | 1,061.87 |
| Total Turnover | 42,685.01 |
| Cost of Sales | |
| Cost of Goods Sold | 30.47 |
| Direct Expenses | 2,541.44 |
| Physically Active | 141.66 |
| Resources | 540.91 |
| Total Cost of Sales | 3,254.48 |
| Gross Profit | 39,430.53 |
| Administrative Costs | |
| Audit & Accountancy fees | 106.00 |
| Bank Fees | (14.00) |
| Cleaning | 1,083.37 |
| Employers National Insurance | 1,904.98 |
| General Expenses | 831.31 |
| IT Software and Consumables | 843.65 |
| Pensions Costs | 234.96 |
| Printing & Stationery | 248.10 |
| Rent | 2,107.44 |
| Repairs & Maintenance | 159.18 |
| Salaries | 50,304.13 |
| Staff Training | (140.74) |
| Staff uniforms | 364.59 |
| Subscriptions | 1,162.98 |
| Telephone & Internet | 584.07 |
| Travel - National | 176.15 |
| Total Administrative Costs | 59,956.17 |
| Operating Profit | (20,525.64) |
| Operating Profit | (20,525.64) |
|---|---|
| Other Income | |
| Committee fundraising income | 190.60 |
| Donations | 11.25 |
| Parents Fees and additional costs | 10,842.25 |
| Total Other Income | 11,044.10 |
Profit and Loss Long Buckby Pre School
13 Jun 2025 Page 1 of 2
Profit and Loss
2025
| Profit on Ordinary Activities Before Taxation | (9,481.54) |
|---|---|
| Profit after Taxation | (9,481.54) |
Profit and Loss Long Buckby Pre School
13 Jun 2025 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
10[th] June 2025
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