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 fIr￿ludIng F￿￿nc￿lI Re￿eW & R6wiew of M9ior Risk¥) Sltyleffwrt of Fknan¢ial ActNrt Bank Rè￿tl￿tion Balan(* Sl*8t I￿￿￿ent 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￿[$￿ l Twstee TreasuterifwJJstee loverse￿n9 thè wor* of thtr Fw)anc* Laura Doyle Joarfflo W&Jdingham ViCtrChairpeF50n￿lUStee s￿retary￿r￿ Maria FeTranle. S￿D￿jh Boc*eT & Nats3ha Tra￿¥an Ind4￿nd￿MtExaMIn•r Kevin Perfèct Bank HSBC PIC 275 Slfatf¢rtJ Rcal S￿1rfey, Solth Headquarteis Oui Lady ofthe WayspJe Parish Hal 566 Stratfofd Roa Shidey. Solhull BS4) 4AY TdephiTh Numbw. Email Add￿ss. Website: Twitt•r F&8book 07474 743744 ouILidyofilewaysKlep¥eschcd@gmail.ctyn OLOWPmsGh)ol.eL #OLOWPr8 Of6￿1 Re9￿a1]On Nwnw. 250105 Memtér of thè Earty Years Alliance (Previous￿ kr￿ as tho Pre-sd￿4 Le￿Ir@ Atliance) Emthers. In5urerJ.' Royal & Sun Alliance Insuranr* pt RcgivAered Chwity No.. IOA3527 Oiir La(ly of Ihe Wayside Pre-school Tw$¢o9'$ Annual Report Year End 3131 August 2023 strUc￿r•, G(*v•manc• & Managgnmrt PrÈ-Schcd LearThng Alh"artt Consl"IthM adokl¢d 24 kn¢ 1993 •d •x0ft￿d 1P July 2011. con￿1￿1& by a ￿mmit￿ of at least 6 Off￿5. AJI commrtiee N*mbers are e￿￿ 4*Jnr4J the knal Ger*ral par•nts ar>J 9uardian6 01 chthn al0￿1.￿9 th• ILaÉlAfW 24" 2022 7 In personl. An enhantsd DBS Ifomaty knw aB CRBI is un(tr>t*w for al r Irustees, ¢Yticefs. stay. studwrts aThY vdurteefs. Staff now rellis￿r 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 C￿nplete an EY2 online wrth Ofsled_ Marr &ady is the Nomiftaied Puson for ow 8enw aThJ 1fy8 k5 ￿￿$19r•3 (X5ted are ￿tifiEd of any in ¢k¢urrBiarw irrthe(fja￿ty. Obiectlv•8 and Acthild•• of our Group (Public B•n8fiV: Our obJ8cti¥e is to onhwre the (Ip¥elopment ar*J ethJc*ion d chlthen uTrlor statutory school a9e by encouragw p8rentslcar*s t¢ understand and k¥ovth f<*1 nèeds of thelr chikjren Ihrough cc￿M￿ty groLPB. Our airn isto prowde 8 happy en￿1r￿n￿effj fftvknich the ¢hthJreftfeel safe arKI se(xvo. Chikknn be abk to ￿m, otscovw and exFenmerrt ¢hrrAyh pby structured le*nirwJ. At al brne5 thè chtbJreTh wrill be lo devew tsr skjls t￿lf wtentsal In all areas ofthe E￿lY Ye#r5 Foundaiion siffje wms￿vM 1￿c•jd￿ thary ￿rne irnofor￿ from 1￿ SeFtsrntw 2021 #nd 4 September 20231 lar¥JLWP, farrwly backgro￿1, ¥wl *du¢atbJn￿ rwds, disablty. wderu ablty. Achi•vem•nts and Perforlnance: Wg hav¢ exparierKed redu￿￿ adMw￿l nwnb¥s a rethJciKn in l*É number DfseysKVk8 eath thklm attended each week. tn part (kn to C061 of n5e5 txrt *0 lo ouf opeThr*J twrs, ma)y pa￿nts 8eeking 8etb.rys with l¢JTrJer tsrénirKJ hows. ThB W a regob"¥* Impad upon c4W I￿om&. We are unatAe to incre85• cw orwiry hoLn ol Pansh H¥ll by clher hall use PaF2 Re8iAercd No". IOi.15?7 FuThth'ryJ lor fuTrJvd 2.3 w¥J 4 dds in¢re•#e(l from 1￿ 2022 by 5.7%. 24p h(KJr fot 2. 3 •J 4 yo* olds. Thts was not kn l*)8 wAlh the C￿sUM pri￿ It*Jox ICPII vlhth rose by 8 8% ￿ the 12 rrthths up to July 2023 or Minimum Wage ￿(re￿e8 whKh str￿ Bi 9 76% brworws 23 mr. affectfftg al of our Pre-sthool workfor(3. Ow team have contfftUokns fky I gf have t)￿ wKwse(I Io o)9t of lryThJ in(¥eas We have I￿1 eo¥ty ol tyjr session¥ for 2023ri4 athj the ol ￿Jr vacanaes contsnues to be wr pi¥Jity We hav¢ receNed a number of requests hr ofow settif¥J dwlrYJ Sekrtember. R¢gbsttred Chtirity No: 1033527 A 5ynifKanl risk lo our charty is and *MII lo be Ihe rates (* f¥nthrvJ offered by the 9overrfflert CU￿rn￿ we receNe £4 74 how year child, d08$ 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￿. h*1 prKx lrtFÈase8 and inkn ¢Lfftndy slarpJit¥J at 7.3% Ow curr￿1 knsses. atth£rtoh nct a tr*eai 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* tr￿k In Tmth 1•r￿M￿￿)￿ from SMBC. wvjlhe Ewty yea￿ Allwce. Re81￿CTed 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 Ilon*lioas & F¥Thd R*isiTrg B*nk InterL%i Receiicd Prt-sclw￿l ,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.$6 £71 F.XPF.hlDITiIRE Tui £fA.12U3 £4A4. £M8.61 Renl Resources & F.4uiprntttt Ins•r*ot¢. ￿leMberShi DB% & Phottcs CAttrltt% & CIv*DADX F￿ndr¥I￿¥￿& Costs Da)" Trip IT & Cblldrni8 fv#rdeA Refurbishtye*i Mi%¢ella*co 30.00 .9167J¥ £1.9.14Jbl £4X78.70 £1,761_M £10,020.86 £iyn.62 £11.1.24 £71SJ2 £16.99 £2#5AII L567J2 5.42 £574.01 L12.1..14 L97.43 £165. L575Jll TOTAL F.XPENDITURE £74th2YJ7 £76iill%l -£153 -£JJ89&1 44J47.73 Rc8iSt¢rThl Charily No.. 1033527 Oiir Lady ofth@Wa side Pre-school Baiik Reconciliatlo Yar Ended 31•t August 2023 0￿"r￿j Balaru 01109122 t12.347.e8 IrtW•8t Rec4ved FL￿$ TMtsfets In Transfers OLrt £?28.72 £0 IK) £O.LKJ £12 476. OpeThThJ BaarK• 01ny3ft2 £9,804.71 Athj Rewos L￿8 Payment¥ £74,346.￿2 £74,629.37 £o.oJ £oc Fwd¥ TtBnsf*81 Transfu5 Oul £O.C•J £o.TrJ C*4irpJ BalwKe 31108r23 £9 322.16 £12,476.80 É9,322.16 Bank Tc £21.798.78 Page7 Regi$iered C.Ixriiy Nv.. 1033527 Our Lad ol the Waysidè Pre-school BolaTice Slieet Y•ar End•d 3111 AuguBt 2023 Current A￿•ts: Cash al B￿k & In HaTh1 Deblor5 £21,798.76 £21798.76 Credrtoi¥ £0.00 Net Asa•ts ReWeaerrt￿ by: Gwetal FvrK* £9.322.16 Aestrthd Fw £12.476.80 £21.798 76 Approv•d w Ixhall gfth• Triigi•es: 19 191 Joi7 Anngtig q 9 202S LW• Day (Chawpers￿l R¢gi5temJ Chamv No.. IU33527 Our Lad ofthe Wa 51de Pre-school Irbdependent Examtnerfs Report l Teport to tnjslees on my t￿*Mina￿0￿ ol the ac£cyJnts of L8(ty of tr Wayswje Prtrschool Its￿ Twstl for the year ended 311t Augu31 2023. R•spectiv• rnsponsibllities of trustee# & examiner As the ¢hanty trustees ol thè Trttst you are respon￿ble for the p￿parat￿)n of accounts In &u)rdantE wrth tl* requirements of1he Chaiities Act 2011. Acri. Independent t￿min￿$ $tsl¢m¢nl In the course of my examlnation, I confvm that no material matters have cx)me to my attentiw in ¢cM)r*ctKJn th the examination 9iwng MÈ to bel￿¥0 that in any material res￿￿.. 1. A(￿In￿n9 records were rK)t képt in of the Trust 88 r8quir*1 by seL*"on 130 01 Ihe A(* or 2. The accounts do Tr)t acc(Yd *ryth th08e reco￿8. I ha¥e no c(￿￿eMS and havè em across rK) Othor matte(s in o)nnectK)n tho examinat￿ to which attention shoukj be drawn in this report in ordw to 6n*Jl8 a Proper urthtarKlin9 of thè accounls lo be reached. SvJn&Y.' Nafflè.. Kevin PerfeLIACMA Rehvanl ProlesS￿)nal QualrfKat*Jn: Ac¢ountants Add￿$.. &5 Featherslone cres￿n( Shth. Solthull 3RJ RegI￿L￿ed Lharity. No.. 1033527