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2023-03-31-accounts

Lincoln Hall Preschool

Chair report Oct 22-Sept 23

At the last AGM November 2022, the committee elected me as the new Chairperson. We had a coffee morning prior to the AGM to talk with parents about the committee and gain new members. Parents joined the AGM to elect a new committee & we had 3 parents agree to join. Unfortunately, none of these parents registered with Ofsted and so were not formally part of the committee. The committee continued with its four existing members.

The committee's commitment remains to be focussed on inclusion and supporting children with SEN and their families. Additionally supporting our most vulnerable families and children for them to have the best start in life for brighter futures.

Monica continues to keep updated with the changes and is now making more referrals, funding applications and EHCP than previous years. Monica continues to support staff with developing their skills for supporting individual children.

Toni continues to be office based, there are more families needing support for their children and mental health has had a big impact on people's lives since Covid. Toni continues to work closely with Tower Hamlets early years and CSC. Toni continues to process the EL2 funding applications to speed up the process to fill places on the waiting list or referrals.

The Local authority have now began doing Pd first aid training again to start Jan 2024 for Staff, so this will reduce costs moving forward.

We have continued to have difficulties with staff, with Shamina and Sarah on long term sick leave. It was later agreed with the committee and these staff that their contracts would be terminated with no plans of them returning. We then had two other staff hand in their notice and would leave us end of September 2023.

Toni has been recruiting new staff on temporary contracts in the hope we can get quality staff on permanent posts. We have recruited three staff so far.

Toni made a late notification to Ofsted in July 2023, this lead to Ofsted speaking with Toni, notes of this were to be placed on The linc setting registration. They were satisfied steps had been taken. This will be discussed at our next inspection.

Accounts were sent out by Toni via post for Audit July 23_ Audit returned September 23. Lenny and Kerry-Ann as well as Toni met up with accountant to discuss and we are happy with the accounts. We agreed for staff to have a pay rise.

The committee have agreed to have designated funds set aside to develop the outdoor area. The mud kitchen fencing was removed as it was costing too much maintaining it. This left unlevel surface and we got the area resurfaced to match older rubber crumb. The outdoor will continue to develop over the coming years in stages.

An area has been set aside to remember Nigel, Nigel’s corner, quiet reading. A reading arbour was bought and fencing. The preschool had an opening day with the parents and children. Poplar Harca are looking into funding a canopy over the area to keep it dry.

On behalf of Poplar Harca a grant was submitted for the preschool to develop our Sensory room and create a sensory space outdoors at Sleaford.

The preschool gained gifts through the charity Elba again for our children. These were given out at our Christmas 2022 party.

We also had free tickets and travel to see their santa, donated by Keolis amy who run the docklands light railway.

We the committee would like to thank Toni and all the team at both Linc and Sleaford settings for all their hard work.

We would really love to get some new parents to come and join in the committee, it’s not as hard or as scary as you may think.

Chairperson Kerry-Ann

LncominH resou rces Notes Unrestrict€d Restricted 2023 Notes Unrestrict€d Restricted 2023 2022
Funds (£) Funds (.£) Tbtal Total
Funds Funds
i(£) (£)
London Bol.ough Tower
I Ianllets :
I 2/3/`4yearo-lds 334.jbo - i j4jJt''J 302,849
• Additionalneeds
(illclusion) 37,620 37;620 27,600
DAI- 9,500 9;500 4,305
Gl.owth fundilig / H^RCA 2022 8,630 8;630 29.018
Parent contributio" 3,R72 3:872 3,385
Fundiiiising 256' :256 335
Ball k iiiteitst .17 J7 J4
TOTAL INCOMING
.RESOURCES 3flife - ±24.2_5=§_ .3_$7_,_5Lng
EiesDu I.i`es ere_end_gd
Cost of generating funds
Activities fultheling chatitable
3 I 2,225 12,225 11,864
objects
Suppolt costs
Management al]d
4 333,49b
5 42,589
333,496
42,589
3`i4,46i
54,098
adminisli.atr.on
6 '3.225 I 3,225 I 2,864
TOTAI. RESOURCHS
EXPENDED grJ_,Jse ELj3± 323±¥
Net Resoul.ces I-or year ERE -HRE fl5]Z"
Fund balances brought
forward at lst April 2022
Fund balances carried
346,258 - 346,2S8 37Z9039
forward at 31St Mai.ch 2023 •®
338,978 - 3389978 346,258

r`Tui\cs 2$23 (£} ^n^^ .,.n\
4UJ££ \I,
Fixed assets
Tangible fixed assets 1d
Current assets
Cash at bank and in hand 338,264 347,427
€aa+I ric±d b~y E`IT+TH 1,524 38
Debtors and prepayments
339,788_ 3_47,465
Liabilities : Amo unts falling due within 1
year
CreditcrTs
81,0 1,207
Net current assets 338,978 346,258
Total net assets 338.978 346.258
Represented bv funds
]TLTi`estfictedfiffids
Designated funds 217,000
Uurestri cted funds 121,978
TOTAL FUNDS
33&=9LZ§

Resources expended -Cost of generating funds
2023 (£) 2022 (£)
Contiibution -Playgroup salary 12,225 11'864

Unrestrit:ted funds (£) Restricted funds (£) Total 2023 (£) Total 2022 (£)
Salary and NI (note 2) 323,491 323,491 306,066
Equipment and materials 7,766 7,766 6,138
Refreshments 1,466 1,466 1,593
Outings and parties 773 773 664
333.496 333`496 314.461

Rent, light and heat 22,902 22.902 23,708
Telephone 1,758 1,758 I,645
Stationery and postage 405 405 214
Insurance
Cleaning and toiletries
Repairs
Training
Ofsted
Travel
1,859
I,744
10,363
669
85
1,859
1,744
10,363
669
85
1,697
531
23,164
140
85
Disclosure and barring
Payroll charges
Miscellaneous
277
2,250
277
277
2,250
277
33
363
2,250
268
4Ziap 42ise 54J22&

2023 (£) 2022 (£)
Redundancy 70.000 65,000
Sickness and staff cover 30,000 30,000
Equipme,lt I 0,000 10,000
•P`.e.nt
Training
Maintenance
SEN
25,an
2,000
10,000
25,un
2,000
8,000
Slide and sensory I.oom 40,000 40,000
Line outdoor development 10,000 13,000
Ot`ficeteclinolotvy,andwebsite 10,000
10,000
2an-

LncominH resou rces Notes Unrestrict€d Restricted 2023 Notes Unrestrict€d Restricted 2023 2022
Funds (£) Funds (.£) Tbtal Total
Funds Funds
i(£) (£)
London Bol.ough Tower
I Ianllets :
I 2/3/`4yearo-lds 334.jbo - i j4jJt''J 302,849
• Additionalneeds
(illclusion) 37,620 37;620 27,600
DAI- 9,500 9;500 4,305
Gl.owth fundilig / H^RCA 2022 8,630 8;630 29.018
Parent contributio" 3,R72 3:872 3,385
Fundiiiising 256' :256 335
Ball k iiiteitst .17 J7 J4
TOTAL INCOMING
.RESOURCES 3flife - ±24.2_5=§_ .3_$7_,_5Lng
EiesDu I.i`es ere_end_gd
Cost of generating funds
Activities fultheling chatitable
3 I 2,225 12,225 11,864
objects
Suppolt costs
Management al]d
4 333,49b
5 42,589
333,496
42,589
3`i4,46i
54,098
adminisli.atr.on
6 '3.225 I 3,225 I 2,864
TOTAI. RESOURCHS
EXPENDED grJ_,Jse ELj3± 323±¥
Net Resoul.ces I-or year ERE -HRE fl5]Z"
Fund balances brought
forward at lst April 2022
Fund balances carried
346,258 - 346,2S8 37Z9039
forward at 31St Mai.ch 2023 •®
338,978 - 3389978 346,258

r`Tui\cs 2$23 (£} ^n^^ .,.n\
4UJ££ \I,
Fixed assets
Tangible fixed assets 1d
Current assets
Cash at bank and in hand 338,264 347,427
€aa+I ric±d b~y E`IT+TH 1,524 38
Debtors and prepayments
339,788_ 3_47,465
Liabilities : Amo unts falling due within 1
year
CreditcrTs
81,0 1,207
Net current assets 338,978 346,258
Total net assets 338.978 346.258
Represented bv funds
]TLTi`estfictedfiffids
Designated funds 217,000
Uurestri cted funds 121,978
TOTAL FUNDS
33&=9LZ§

Resources expended -Cost of generating funds
2023 (£) 2022 (£)
Contiibution -Playgroup salary 12,225 11'864

Unrestrit:ted funds (£) Restricted funds (£) Total 2023 (£) Total 2022 (£)
Salary and NI (note 2) 323,491 323,491 306,066
Equipment and materials 7,766 7,766 6,138
Refreshments 1,466 1,466 1,593
Outings and parties 773 773 664
333.496 333`496 314.461

Rent, light and heat 22,902 22.902 23,708
Telephone 1,758 1,758 I,645
Stationery and postage 405 405 214
Insurance
Cleaning and toiletries
Repairs
Training
Ofsted
Travel
1,859
I,744
10,363
669
85
1,859
1,744
10,363
669
85
1,697
531
23,164
140
85
Disclosure and barring
Payroll charges
Miscellaneous
277
2,250
277
277
2,250
277
33
363
2,250
268
4Ziap 42ise 54J22&

2023 (£) 2022 (£)
Redundancy 70.000 65,000
Sickness and staff cover 30,000 30,000
Equipme,lt I 0,000 10,000
•P`.e.nt
Training
Maintenance
SEN
25,an
2,000
10,000
25,un
2,000
8,000
Slide and sensory I.oom 40,000 40,000
Line outdoor development 10,000 13,000
Ot`ficeteclinolotvy,andwebsite 10,000
10,000
2an-