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2023-08-31-accounts

Trustees’ Annual Report for the period

From 01 Sept 2022 Period start date To 31 Aug 2023 Period end date

Charity name: Ermington Pre School Unit

Charity registration number: 1034037 Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 Pre-School education for children aged
2-5 years.
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
Providing high quality early years
education for children between the ages
of 2 to 5 years.
Our curriculum is tailor-made which is
designed to give each child the best
possible start to their educational
journey, by equipping our children with
resilience, independence, and curiosity
for lifelong learning.
Our mission statement is “equipping
every child for a world they will
discover”.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 We confirm that the trustees have had
regard to the charity commission’s
guidance on public benefit.
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:
SORP reference
Policy on grant making Para 1.38 We do not make grants to other
organisations.
Policy on social investment
including program related
investment
Para 1.38 We have no investments.
We do not take part in social
investments or program-related
investments.
Contribution made by
volunteers
Para 1.38 Volunteers work in administration and
fundraising.
All volunteers are enhanced DBS

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checked and vetted suitability following safer recruitment procedures and approval from Ofsted. None. 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 Due to a lower birth rate nationally, our
admissions during this academic year
were lower than predicted.
We provided SEN support for families of
children with complex additional needs,
and obtained EHCP’s for those children.
We invested in resources for our
sensory room, making a safe space for
our children to have their needs met in
an inclusive and calming way, that
benefits their individual development.
Staffing costs were high this year due to
the individual needs of children
attending the setting, and a higher level
of staff required to ensure all children’s
safety.
We also trialled increasing our opening
hours from 8.00am-5.30pm during the
summer term of this year, which will
come into permanent effect from
September 2023.

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against
objectives set

Para 1.41

Continued to provide specific staff
training in relation to the individual
additional needs of children in
attendance.
Makaton training completed for all staff.
Manager and Deputy attended various
conferences and courses provided by
DCC, PSLA etc.
Performance of fundraising
activities against objectives
set
Para 1.41 Fundraising continued to be a
challenging area this year on the back of
covid and the lower birth rate nationally.
Seamoor lotto and easyfundraising
continue to provide a small income, as
well as an income from small
fundraising events within the village.

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Investment performance
against objectives
Para 1.41 We have no investments.
Other None.

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Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 A loss was made this year, due to the
costs associated with providing support
for children with additional needs. A low
birth rate nationally, which resulting in
lower numbers than normal, and
increasing costs in of bills etc.
Accounts have been independently
examined in accordance with general
Directions given by the Charity
Commission and have been submitted
as part of our annual report.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The charity accumulates reserves
through fundraising through fundraising
to support the core business for the
purchase of equipment and other
resources.
We aim to work towards a more stable
financial position next year with the aim
to return some of the savings used to
support with our outgoings this year.
Amount of reserves held Para 1.22 £18,721
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 N/A

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

Funding for core activities is from EYEF
and 2-Year Funding, with unfunded time
being charged at cost to parents.
Other income comes from various
fundraising activities.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 N/A
A description of the principal
risks facing the charity
Para 1.46 The changes to the number of funded
hours for children announced by the
Government will have a significant
impact on our finances, as we will have
fewer unfunded hours for which we can
charge parents. The amount of funding
received per hour is woefully inadequate
and does not cover the even the basic

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costs of providing childcare such as staff salaries, legal registration and utility bills. This is a huge problem for all childcare settings nationwide and we have seen many local settings close as a result. Fundraising continues to be difficult as a result of the cost-of-living crisis, and there does not seem to be an end in sight for this. Other

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Structure, Governance and Management

Description of charity’s
trusts:
Advancement of Early Years education for
children who attend aged 2-5 years.
Type of governing document
(trust ded, royal charter)
Para 1.25 Guidance in association with the Charity
Commission
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Early Years Alliance constitution
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 We work in accordance with the Early
Years Alliance constitution.
Trustees are required to apply in writing to
the chair of the committee. They then are
selected based upon suitability,
safeguarding knowledge, and relevant
experience that may benefit the needs of
the business.
They are proposed and seconded in a
voting situation before being appointed by
the members making up the Pre-School
body.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction Para 1.51 and training of trustees N/A The charity’s organisational structure and any wider Para 1.51 network with which the charity works N/A Relationship with any Para 1.51 related parties N/A Other

Reference and Administrative details

Charity name Ermington Pre-School Unit
Other name the charity uses N/A
Registered charity number 1034037

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Charity’s principal address The Lodge, School Road, Ermington, Ivybridge, Devon PL21
9NH

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Names of the charity trustees who manage the charity

1
2
3
4
5
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7
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10
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Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Katherine Toms
Sarah Foulis

– 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

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Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity

Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

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Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

S Foulis Signature(s) K TOMS Sarah Foulis Full name(s) Katherine Toms Position (eg Secretary, Chair Committee member Chair, etc) Date

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Proft and loss and balance sheet for Ermington Pre-sch

INCOME
Funding
###
Fees
###
Donations
Grants
Kids Club
Fundraising £ 1,153.70
Misc
Interest
£ 289.22
BFL - Old fees
Total
###
Proft/Loss
Proft and loss report
EXPENDITURE
Wages
###
HMRC
£ 8,835.62
Equipment
£ 1,771.42
Snack/Food
£ 2,249.90
Fundraising
Phone/Internet
£ 1,116.92
Training/Uniform
£ 1,626.77
Rent
£ 5,640.00
Repairs/Maintenance
£ 3,350.28
Insurance
£ 797.55
Payroll/Auditing
£ 874.76
Children Activities
£ 1,305.00
Advertising
£ 130.00
Computer costs
£ 973.34
Ofsted/DBS
£ 76.00
Subscriptions
£ 1,312.07
Debt collection
Trips
Sundry expenses/Play sun£ 2,912.98
Team Building
£ 300.00
Consultancy
£ 1,349.00
total
###
-£9,280.90

ool 1st September 2022 to 31st August 2023

Balance sheet
ACCOUNTSCurrent Account bfwd
###
Deposit Account bfwd
###
Proft/loss for the yr
-£9,280.90
Closing cash position
###
BANK
ACCOUNT
Current Account
###
Deposit Account
###
TOTAL
###
NOTE
THE TWO GREEN NUMBERS SHOULD BE THE S
AME

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of

Ermington Pre-school

On accounts for the year 31[st ] August 2023 Charity no 1034037 ended (if any) Set out on pages 2 2 (remember to include the page numbers of additional sheets) Respective The charity's trustees are responsible for the preparation of the accounts. responsibilities of The charity’s trustees consider that an audit is not required for this year trustees and examiner under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. [The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of AAT.

Respective responsibilities of trustees and examiner

It is my responsibility to:

Basis of independent My examination was carried out in accordance with general Directions given examiner’s statement by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent In connection with my examination, no matter has come to my attention examiner's statement (other than that disclosed below *)

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

  4. have not been met; or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

  6. Please delete the words in the brackets if they do not apply.

Date: 24/12/2024 Signed: Nicola Hooper

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IER

Name: NICOLA HOOPER

Relevant professional qualification(s) or body (if any):

FMAAT

Address: 21 CHERRY TREE CLOSE EXETER DEVON EX4 5AT

Section B Disclosure

Only complete if the examiner needs to highlight material problems.(E.g. accounting records have not been kept in accordance with s132 of the Charities’ Act 2011 and those accounts do not comply with the requirements of the 2008 Regulations setting out the form and content of charity accounts; any material expenditure or action which appears not to be in accordance with the trusts of the charity; any failure to be provided with information and explanations by any past or present trustee, officer or employee; and any material consistency between the accounts and the trustees’ annual report.)

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IER

Give here brief details of any items that the examiner wishes to disclose .

A large number of receipts were not available for checking against expenses paid, in particular expenses paid to staff. The chair has confirmed that all expenses have been seen and used within the pre-school. Advice has been given about keeping and recording receipts,

3

IER