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2020-07-31-accounts

Trustees, Annual Re ort for 1st Au st 2019 to 31st UI 2020 Section A- Reference dministration details Charity name: The Corner Preschool {St Cuthbertsl Other names the charity is known by- was first known as 5t Cuthberts Playgroup Registered charity number. 1033385 Charily's principal addre55.' St Cuthberts Trust Centre Lichfield Road Portsmouth P03 6DE Names of the charity Iru5tees who managed the charity for the peri(Kl aiK)ve Lisa Mould- Chair Vilma Cooke- Secretary Nicola Clannachan- Treasurer Denise Walker Hayley Marsh Khans Knapp Fatima Bandali Clare Blandford Holly Walker Names of the charity trustees who manage the charity on the date this report is signed Lisa Mould- Chair Vilma Cooke- Secretary Niiola Clannachan Treasurer Denise Walker HciyILy Marsh Khari.s Knapp Fatima Bandali Llare BlanLlford Holly Walker re ov nc Type of governing document: Constitution How the charity is constttuted: Association Trustee selection methods: Electtxl by the parents of the children attendin8 the preschool tion C- Ob'ectiv ctivities Summar of the ob'ects f the chari To enhance the development and education of children under statutory school age within a comniunitv group.

Summar ofihem in activities undertaken for the ublic fit in relati n to these ob'ects Run preschool sessions supervi58J by qual&tv staff, following the Early Years Foundation Stage framework. Provide lunchtime care between morning and afternoon sessions where required. Provide advice and guidance to the parents and carers of young children. In setting our objectives and planning our activities the Trustee5 have given careful consideration to the Charity Commission's general guidance on public benefit. The Corner Pr￿School welcomes pupils from all backgrounds. An tndividual's economic status. gender, ethnicity, race, religion or disability do not influence our waiting list and admission processes. tionD- hiev ts and rfornunc Ran more than 3LK) supervised preschool se&sions of 3 hours each. for children aged 2 to 4 years. Provided lunchtime care between morning and aftemoon sessions. Parents can choose any combination of sessions, space permitting. Raised more than from fundraising activities There was no sponsored event or photographer's commission due to coronavirus restrictions. The planned theatre trip was cancelled due to coronavirus so the funds raised for this are reserved for next year's trip. tion E- Financi rv The charit! holds reserves to cover redundancv payments should they be necessary. During a year in which large numbers of cliildren are elisible for funding (N'ursery Education Grant) reserves may be put aside to protect against a fall in receipts in years when less children are eligtble for funding. rther fin ial r vi The cliarity receives fijnding from Portsmouth City Council (PCC) for each se&sion attended by a child eligible for Nursery Education Grant (NEG) or 2-year￿Id fundin& up to 15 hour5 a week per chilcl. ￿me children have b&n eligible for ￿hour funding thi5 year. Fees are paid by parent5 for additional hours and for children nol eligible for NEG or funding. The charity also receives Earlv Years Pupil Premium from PCC to help improve the leaming outcomes of disadvantaged children. The trustees organise fundraising activities to buy larger items of equipment and subsidise special events and activities.

Sectton F_ Other o tional information act of coronavtrus andemic The preschool was closed for seven weeks due to the coronavirus lockdown. After rfropening for the last half of the summer temi pupil numbers were le&s than half of usual. Portsmouth City Council continued to pay Nursery Education Grant for the summer term so there was minimal financial inipact this year. The main concern is that low pupil numbers for 2020-21 will reduce income. ction G - Declaration The trustees Lleclare that they have approved the trustees, report above Signed on behalf of the charity's trustees l.iecA.L(" Signature(s) IS.: L A.uffr￿... Position Date

The Corner Pre-school (St Cuthberts)

1 Aug 2019 - 31 Jul 2020

Page 1

Receipts
This year
Last year
Fees
6237
11998
Funding
106390
100989
112627
Bank interest
71
Fundraising
366
Payments for childrens tops
143
Grants
2800
Donations
1
1
2801
Total Receipts
116008
112987
54
1084
136
1
114262

Charity Number 1033385

The Corner Pre-school (St Cuthberts)

1 Aug 2019 - 31 Jul 2020

Page 2

Payments
This year
Last year
Staff costs
Net wages
84675
76782
Tax & NICs
7217
6592
Pension contributions
5782
4354
Training courses and materials
633
609
Uniform
320
Staff DBS checks
92
98307
Premises
Room hire
8000
12502
Maintenance
488
529
Rates
768
1060
9256
Equipment
196
3515
Consumables
996
1111
Trips, parties, etc.
323
829
Gifts & flowers
185
97
1700
Insurance
368
365
Membership subscriptions
267
265
Admin
506
462
Committee DBS checks
16
1141
Bank charges
60
Other charges
100
Fundraising costs
27
Purchase of children's tops
143
Total Payments
110734
88749
14091
5552
1108
60
29
238
109827

Charity Number 1033385

The Corner Pre-school (St Cuthberts)

1 Aug 2019 - 31 Jul 2020

Page 3

This year Last year
Surplus (receipts less payments) 5274 4435
Deficit (payments less receipts)
Cash funds at start of year 78036 73601
Cash funds at end of year 83310 78036
Increase over year 5274 4435
Decrease over year
Statement of Assets and Liabilities
Cash funds
Current account 32008 34806
Savings account 51296 43226
Cash in hand 6 4
83310 78036
Assets
Various items of play equipment, toys and books
Classroom furniture and storage cupboards
Mobile phone
Computer, printer, scanner
Digital camera
Outdoor area resources
Liabilities
Room hire - invoices not received 3840
Wages to be paid over summer hols 7497 8177
PAYE & NICs not yet paid to HMRC 1020 1201
Pension contributions not yet paid 1002 887
13359 10265

Charity Number 1033385

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustsosl members of fRE-ScilCOL On accounts for the year ended O LIL/ &7 Charity no lif any) 10333 fr Set out on pages To I report to the trustees on my examination of the accounts of the above charilyllhe Trust") for the year ended 39•12'020 Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charf(ies Act 2011 I'lhe Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Acl and in carrying out my examination. I have followed all the applicable 01￿ctiOnS givèn by the Charity Commission under section 145(5){bl of the Act. Independent examinerfs statement I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination {other than that disclosed below ') which gives me cause lo beli8ve that in, any material respect.. the accounting records were nol kept in accordance wrth section 130 of the Charities Act. or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fai¢ view which is not a matter considered as part of an independent examinalion. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed.. Date: Name: Relevant professional qualificalionls) or body IER Oct 2018

lif any): Address: IS q COR￿0￿ /LoAv HEON mout Section B Discloslire Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Glve here brief details of any Items that the examlner wishes to disclose. IER Oct 2018