dy of the Wy Pre-school ' Member of the Pre-school Le¢wniThJ Alliance Annual Report and Financial Statements 2022 - 2023
Oiir Lady of the Wayside Pre-sc h091 Annual Report and Financial Statements 202212023 Tn61 yrti¢ul• Trustee's Annual Report fIrludIng FnclI ReeW & R6wiew of M9ior Risk¥) Sltyleffwrt of Fknan¢ial ActNrt Bank Rètltion Balan( Sl8t Ient Examinerfs ReF R¢gixered Chariry No.. 1013527
Our Lad of thp Way%irlp Pre-schorjl Year ended 31U August 2023 TNsl•• and Offie•rn Laura Day Laufa Day chai[$ l Twstee TreasuterifwJJstee loversen9 thè wor of thtr Fw)anc Laura Doyle Joarfflo W&Jdingham ViCtrChairpeF50nlUStee sretaryr Maria FeTranle. SDjh BoceT & Nats3ha Tra¥an Ind4ndMtExaMIn•r Kevin Perfèct Bank HSBC PIC 275 Slfatf¢rtJ Rcal S1rfey, Solth Headquarteis Oui Lady ofthe WayspJe Parish Hal 566 Stratfofd Roa Shidey. Solhull BS4) 4AY TdephiTh Numbw. Email Addss. Website: Twitt•r F&8book 07474 743744 ouILidyofilewaysKlep¥eschcd@gmail.ctyn OLOWPmsGh)ol.eL
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Of61 Re9a1]On Nwnw. 250105 Memtér of thè Earty Years Alliance (Previous kr as tho Pre-sd4 LeIr@ Atliance) Emthers. In5urerJ.' Royal & Sun Alliance Insuranr* pt RcgivAered Chwity No.. IOA3527
Oiir La(ly of Ihe Wayside Pre-school Tw$¢o9'$ Annual Report Year End 3131 August 2023 strUcr•, G(v•manc• & Managgnmrt PrÈ-Schcd LearThng Alh"artt Consl"IthM adokl¢d 24 kn¢ 1993 •d •x0ftd 1P July 2011. con11& by a mmit of at least 6 Off5. AJI commrtiee Nmbers are e 4Jnr4J the knal Gerral par•nts ar>J 9uardian6 01 chthn al01.9 th• ILaÉlAfW 24" 2022 7 In personl. An enhantsd DBS Ifomaty knw aB CRBI is un(tr>tw for al r Irustees, ¢Yticefs. stay. studwrts aThY vdurteefs. Staff now rellisr lor the Lpyate ser¥ire. en iheir D8S is due ftx and rt is tyji Pr&-ScWI ManwJerf$ Te¥onstrJilrty lo £that they are to date and ordw. In ld.0 to thr8 all Cotnmittee mwthrs reolstw for ts updrt& ¥J Cnplete an EY2 online wrth Ofsled_ Marr &ady is the Nomiftaied Puson for ow 8enw aThJ 1fy8 k5 $19r•3 (X5ted are tifiEd of any in ¢k¢urrBiarw irrthe(fjaty. Obiectlv•8 and Acthild•• of our Group (Public B•n8fiV: Our obJ8cti¥e is to onhwre the (Ip¥elopment arJ ethJcion d chlthen uTrlor statutory school a9e by encouragw p8rentslcars t¢ understand and k¥ovth f<1 nèeds of thelr chikjren Ihrough ccMty groLPB. Our airn isto prowde 8 happy en1rneffj fftvknich the ¢hthJreftfeel safe arKI se(xvo. Chikknn be abk to m, otscovw and exFenmerrt ¢hrrAyh pby structured lenirwJ. At al brne5 thè chtbJreTh wrill be lo devew tsr skjls tlf wtentsal In all areas ofthe ElY Ye#r5 Foundaiion siffje wmsvM 1c•jd thary rne irnofor from 1 SeFtsrntw 2021 #nd 4 September 20231 lar¥JLWP, farrwly backgro1, ¥wl du¢atbJn rwds, disablty. wderu ablty. Achi•vem•nts and Perforlnance: Wg hav¢ exparierKed redu adMwl nwnb¥s a rethJciKn in lÉ number DfseysKVk8 eath thklm attended each week. tn part (kn to C061 of n5e5 txrt 0 lo ouf opeThrJ twrs, ma)y pants 8eeking 8etb.rys with l¢JTrJer tsrénirKJ hows. ThB W a regob"¥ Impad upon c4W Iom&. We are unatAe to incre85• cw orwiry hoLn ol Pansh H¥ll by clher hall use PaF2 Re8iAercd No". IOi.15?7
FuThth'ryJ lor fuTrJvd 2.3 w¥J 4 dds in¢re•#e(l from 1 2022 by 5.7%. 24p h(KJr fot 2. 3 •J 4 yo olds. Thts was not kn l)8 wAlh the CsUM pri ItJox ICPII vlhth rose by 8 8% the 12 rrthths up to July 2023 or Minimum Wage (ree8 whKh str Bi 9 76% brworws 23 mr. affectfftg al of our Pre-sthool workfor(3. Ow team have contfftUo<J lo trar¥rg packages EthKare to keep thtrr krb)wledy trafftmg has inclJded SaleguaryliThJ. pvent Duty, GettirwJ to ¢"pS wh EYFS. lrfertx)n Prirte¢tr"on 8 Contrd aThJ Firstto name a fthy. Wo ofst•d Irwthon on 1h ?23 •1 v•ry pka8ed wrth ow Gotyy f"ng. The fijll rwl (on b8 rn•J.. hllPS,Ilil&s ofste! uk.!1.Yi/jo?&?e2 We hJ¥e ContluEI to awy for extem furwjty lo tw nav equ)1 aThl fEwrre5 to (AlrPCd chldlen, them to le8m throwh play Tlh¥ yw receNed 4 dOnathMgIs$. Stép AhEad Oarte Companys Holiday Club c(¥Mi io SUFWrt Mth of £75 In 0ber 2022. In November Ms an¢J Spenrer provkloo w wlh a p)t ol £1.Ot0 Ix ants. Seeds a1 gardeniTrJ eqLWwt. Thr& •nat4 u$ lo coThtiroJ8 ow plot io plaip kammio. We Cydes, he4thy eating et¢ Lid15 Hy9iene P¢)verty Fund donated £25010 enat4e us Io WPFKrft famihes f8fAW hardsp$ the prOwSn of napFMes. hy9 $w)ph'es. In April wo wgrfj aétsrded Q.000 from Ihe Heart ol England Community FuThl Io SLPPCrt oui gardenry w¢Jieci and OKI the 9r0UP S twdsFdp dl9 ¢wrerf Ow t¢thp•n¢y rate 2021r22 8werW 78%. Nch was a Imprrr4wnenl )M[ed to 202Y23. rs inlirBith otlw 5rttiYs4 as wtAish8d by the ElY Yew5 Alth•Ke he a end DI Nurnery aThJ Pre-S¢h¢oS •Je ththn. 2022r23 29% of our clMI(w of NursW 890- We mrtinu8 to th (wly wrth Ihe Famity Infrjrmalion Service to $UPFKtrt f115 rtt the govemrrEnl's crrtthè 2 year dd fuThlir¥. W• also cortUt Io SL¥¥JOrt famils wtho a not eligib for SMBC fvnthrrfJ, txjl are ex[eneTra fwK4al drftthtts. WOU Me wrthoL# our SUFP)rt thwr thktrfjn would be unable lo atteThJ ow Pr&Schod. Our elEctrDniG 5tyJmals tre L4un¢W In Jarbuary 2019. h¥¥¢ $uccessful and sYom¢xe ow panwshy 71h wrgnts. ha¥e (ess io thgr thikfs leaiimng. In adthtw are ablp to contnlxrte, try comments aThJ 8tso 01 o¥n observabons hixne New f8re8 aTrl furttionalrty athd to tnuease IntW¥lTr each year Thts enabks u5 10 engJe conversatrS wrth ch'ldren atO)Lrt lThfe5 ouEs 01 Pre.S¢h'. particuiaty to C£¥We ¢ormiun¢8tk)n skHIs. ChJrweb5rte way tJwid in SpnThJ 2012. wès no WJPFM)rted tyy our ¥wbsit0 KovwJgr. From 30Tr Jwe 2020 and dwing ItrGkdowts new websrte was launched. tknng 2022r23 (xjrwebsite recw¥¢d 845 Our F8cebook ge8 albw to prcthote cAJr servi(s to OLff communrts. par•rt6 arnl fxers. We he 203 frid6 M F%•trp)ok Y¥• •im io post al least a week. Th'J year we L3unched w Ing1a Fe8 to alow w to Fyomole P SclJol to s wAkrau(I"eTh*. Regi5rcr¢d awiiy No: 1033527
In 2016 our Ihe Off#)thrity ow newirt(Flaee Ken5M)n is 0ted through NEST (Nationa Ernpkjymeni Sawn95 Ttustl. sthme is gjen lo au 61aff any tm uwfèraly 3 Financial Review {ind¥dlng YM¢rve poli¢y): Atts of•ath yoar. amual acuwrts ar• yodLu(l in Ilw fomi of reipts aTra pay[rls. incbJthTrJ a $18wment ol as$•ts and ILaknht•$. Pmpcl)n$ fortle comirg year are bas¢d upan the a¢(nts wfi*h the b8w8 ts the IxttYooL whith k re¥ ar¥J urxlated ragularty thrO)ut year. Foreseen everts 1CtUat5 In Corne & expeFhtuie Foll(y•nng bk rterest being aWY totsllmg £128.72 dunng the ye8r. I1se fe5erves ujrrenty stand * £12,476.60 wfybt is our irrtentKJn lo towards gradually increasg these reseryes further thec4xThwv4 years to that 9iw) has financwl sta1 r airn rernams lo retwes to £17.5(K). equates lo •woxlmetrY 3 monih s runrring cJ)stslexper¢e8. WAII Ihat i# aTrays sultKEnl wothing e4PrtJ for the efficnl njnnry of our seltry Ojr r•serves Scy ensure 9rwp's corrtlnd f#wnual ¥1at•hty." covenng nots wthen the 8ettiry $ incomè may (trop ltsW average for examFle. thJe 10 a laie anl iempor tyop In chad nwnbs, lryrary dtssfftth¢ to a p¥demt or C¢V•F u¥4•1 expeTh4rtu We ha¥e $uimil1 atvl ¢onUtt a Nmtér of atI2nS to Charrtab TnJstsiF0orts io fAJprth the wrrtha5è 01 r88OLYces and TNS ytai we have submitted 6 aNyli¢thLnS. A number ale stsm 0fig)Ing However, 4 were ¥ur£e&slul. There art 8 numbèr of schemes avaikb and th8 oroup 11 continue to nlMIe off0 to aA)ty for IrJ. In paitthFar our funthn9 wdl te centred aUnd wr Intttxlwng wr P$(1 th'ldw to joys (r•m frt. vthJota>kns fky I gf have t) wKwse(I Io o)9t of lryThJ in(¥eas We have I1 eo¥ty ol tyjr session¥ for 2023ri4 athj the ol Jr vacanaes contsnues to be wr pi¥Jity We hav¢ receNed a number of requests hr ofow settif¥J dwlrYJ Sekrtember. R¢gbsttred Chtirity No: 1033527
A 5ynifKanl risk lo our charty is and MII lo be Ihe rates ( f¥nthrvJ offered by the 9overrfflert CUrn we receNe £4 74 how year child, d08$ nc4 ¢0¥8r ow outpNJs ¥xl anly increased from £4.45 from SpM9 2023. In litht of th15 t Iwe c[ease£l our th'ty ¢ortsum8bks to £3.) per chikl. rer day to ctst ofthi¥ Im. l•V• 711 cortkwe to rvl8w The rrent cost of Criys Frt)ses a $Thficant to Ihe gro. expecled risè fL nats'onal mthimum wago to £11.43. a of 9.VA thJ6 to b• wnoun sIKxtty by d¥n¢I. h1 prKx lrtFÈase8 and inkn ¢Lfftndy slarpJit¥J at 7.3% Ow curr1 knsses. atth£rtoh nct a treai io sts)rt4emi finarK4ai securtr. coupkd Infiatxjnary ¢aMot be sUStaned in Ihe me(lurn to kng term must be A hjll n3k assessment cJvrrd th trk In Tmth 1•rM) from SMBC. wvjlhe Ewty yea Allwce. Re81CTed Charity No: 10.-?3527
Our Lady ol the Way51de Pre-school Statenieiit of Financial Activiti4}5 Year ended 31" August 2023 COME 21122123 2f2if22 21)2oni Pre-S(kool F SMBL Fundiog IkTMF¥its Admib & Reglstrxdon Ilonlioas & F¥Thd RisiTrg Bnk InterL%i Receiicd Prt-sclwl ,InDllal Trip Uniforw S¥1¢¥ £22.962..14 £45,Ib&L44 £IILfi211.94 £43ts1V16 £4.00 £26J4S.111 £o.irfi £870. £A92&&1 £A6SOJ4 £6..Vi £1.74 £27X.g1 £697.14 £75(1.110 £IU72 IMI £71&44 £91_ L471.29 TOTAL INCOMV. £7 7554 £M.IM12.$6 £71 F.XPF.hlDITiIRE Tui £fA.12U3 £4A4. £M8.61 Renl Resources & F.4uiprntttt Ins•rot¢. leMberShi DB% & Phottcs CAttrltt% & CIvDADX Fndr¥I¥& Costs Da)" Trip IT & Cblldrni8 fv#rdeA Refurbishtyei Mi%¢ella*co 30.00 .9167J¥ £1.9.14Jbl £4X78.70 £1,761_M £10,020.86 £iyn.62 £11.1.24 £71SJ2 £16.99 £2#5AII L567J2 5.42 £574.01 L12.1..14 L97.43 £165. L575Jll TOTAL F.XPENDITURE £74th2YJ7 £76iill%l -£153 -£JJ89&1 44J47.73 Rc8iSt¢rThl Charily No.. 1033527
Oiir Lady ofth@Wa side Pre-school Baiik Reconciliatlo Yar Ended 31•t August 2023 0"rj Balaru 01109122 t12.347.e8 IrtW•8t Rec4ved FL$ TMtsfets In Transfers OLrt £?28.72 £0 IK) £O.LKJ £12 476. OpeThThJ BaarK• 01ny3ft2 £9,804.71 Athj Rewos L8 Payment¥ £74,346.2 £74,629.37 £o.oJ £oc Fwd¥ TtBnsf81 Transfu5 Oul £O.C•J £o.TrJ C4irpJ BalwKe 31108r23 £9 322.16 £12,476.80 É9,322.16 Bank Tc £21.798.78 Page7 Regi$iered C.Ixriiy Nv.. 1033527
Our Lad ol the Waysidè Pre-school BolaTice Slieet Y•ar End•d 3111 AuguBt 2023 Current A•ts: Cash al Bk & In HaTh1 Deblor5 £21,798.76 £21798.76 Credrtoi¥ £0.00 Net Asa•ts ReWeaerrt by: Gwetal FvrK* £9.322.16 Aestrthd Fw £12.476.80 £21.798 76 Approv•d w Ixhall gfth• Triigi•es: 19 191 Joi7 Anngtig q 9 202S LW• Day (Chawpersl R¢gi5temJ Chamv No.. IU33527
Our Lad ofthe Wa 51de Pre-school Irbdependent Examtnerfs Report l Teport to tnjslees on my tMina0 ol the ac£cyJnts of L8(ty of tr Wayswje Prtrschool Its Twstl for the year ended 311t Augu31 2023. R•spectiv• rnsponsibllities of trustee# & examiner As the ¢hanty trustees ol thè Trttst you are responble for the pparat)n of accounts In &u)rdantE wrth tl requirements of1he Chaiities Act 2011. Acri. Independent tmin$ $tsl¢m¢nl In the course of my examlnation, I confvm that no material matters have cx)me to my attentiw in ¢cM)rctKJn th the examination 9iwng MÈ to bel¥0 that in any material res.. 1. A(Inn9 records were rK)t képt in of the Trust 88 r8quir1 by seL"on 130 01 Ihe A( or 2. The accounts do Tr)t acc(Yd ryth th08e reco8. I ha¥e no c(eMS and havè em across rK) Othor matte(s in o)nnectK)n tho examinat to which attention shoukj be drawn in this report in ordw to 6nJl8 a Proper urthtarKlin9 of thè accounls lo be reached. SvJn&Y.' Nafflè.. Kevin PerfeLIACMA Rehvanl ProlesS)nal QualrfKat*Jn: Ac¢ountants Add$.. &5 Featherslone cresn( Shth. Solthull 3RJ RegILed Lharity. No.. 1033527