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2024-08-31-accounts

Trustees’ Annual Report for the period

From 1 September 2023 to 31 Aug 2024

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
governingdocument
Para 1.17 Pre School education for Children aged 2
to 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 and designed to give each child the
best possible start to their educational
journey, by equipping out 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 Commissions
Guidance on public benefit.

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
checked and vetted for suitability
following Safer Recruitment procedures
and approval from OFSTED.
Other None

1

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 From September 2023 we changed our
opening hours permanently and are now
open from 8 a.m. to 5.30 p.m. five days a
week, offering wraparound care. This has
been very successful and attracted a
higher number of new registrations than
anticipated.
The low national birth rate during the
COVID pandemic continued to have a
detrimental impact on numbers. However
this also had positive impacts in that
more time and resources could be
redirected to the children who were
attending the setting.
We continued to support a relatively high
number of children with additional needs,
successfully ensuring that children
entered mainstream education with
EHCPs in place.
Our reputation for providing excellent
care and support for children with
additional needs and looked after
children led to recommendations from
the Local Authority to families in the area.
We ended the year with a financial loss
but had anticipated this and covered with
reserves and fundraising wherever
possible.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 Successfully implemented extended
opening hours.
Manager and Deputy attended various
conferences provided by Devon County
Council and the Pre School Learning
Alliance. Staff continuous professional
development was encouraged and
supported wherever possible. However
slightly less was spent on training than in

2

previous years. Free courses were
sought out wherever possible. Mandatory
training was maintained as a priority.
Despite a difficult year financially the pre
school maintained its reputation and
continued to meet all objectives.
Progress continued to be made on
setting up CIO to replace current
structure which struggled to recruit
volunteers and trustees.
Performance of fundraising
activities against objectives
set
Para 1.41 Fundraising continued to be difficult due
to cost of living and inflation during this
period which left many families locally
with much lower disposable income.
SeaMoor lotto and Easy Fundraising
continued to provide a small income;
however Amazon Smile folded in this
year and was no longer providing any
income.
Small events locally such as pub quizzes
and Fair in the Square provided some
cash income, as well as Christmas card
sales from the children.
Investment performance
against objectives
Para 1.41 We have no investments
Other None

3

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
following:

Higher costs associated with
providing care for children with
additional needs

Lower birthrate nationally due to
the impact of COVID-19

Increased costs and bills caused
by rising inflation

A new academy trust managing
the school site chose to increase
building and insurance costs
Signs of recovery are on the horizon and
we hope to have an improved year in
2024-25
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The charity accumulates reserves
through fundraising to support the core
business and for the purchase of
equipment and other resources
We also maintain a level of reserves for
emergency situations.
Amount of reserves held Para 1.22 £46357
Reasons for holding zero
reserves
Para 1.22 Not applicable
Details of fund materially in
deficit
Para 1.24 Not applicable
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 Not applicable

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 old funding, with unfunded
time being charged at cost to parents.
Additional funding was provided from
Devon County Council for the children
with a high level of additional needs.
Other income comes from various
fundraising activities.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 Not applicable

4

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 new
government continues to have a
significant impact on our finances, like
that of the finances of many other
childcare settings. We have seen many
closures of settings like ours in the rural
Devon area.
The amount of funding per hour received
is still insultingly low and does not even
cover the basics of staff salaries, building
costs and utility bills. Recruiting and
retaining qualified and experienced
quality staff will become more of a
challenge for all settings without a radical
recognition of the true social and
economic costs of early years education.
Other Not applicable

5

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 deed,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 on suitability,
safeguarding knowledge and relevant
experiences that may benefit the needs of
the business.
They are proposed and seconded at a
democratic vote before being appointed
by the members making up the Pre
School committee.
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures
adopted for the induction and
training of trustees
Para 1.51 Trustees are required to adhere to all
policies and procedures. They must also
complete training in safeguarding and
safer recruitment procedures. This
training is provided online by Devon
County Council.
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 Not applicable
Relationship with any related
parties
Para 1.51 Not applicable
Other Not applicable

Reference and Administrative details

Charityname Ermington Pre School Unit
Other name the charityuses Not applicable

6

Registered charitynumber 1034037
Charity’s principal address The Lodge
School Road
Ermington
Ivybridge Devon
PL21 9NH

7

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee(if any)
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

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity
Not applicable
Name and objects of the
charity on whose behalf the
assets are held and how this
Not applicable

8

falls within the custodian charity’s objects Details of arrangements for Not applicable 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)

Sarah Foulis – Manager Cathryn Isaac – Deputy Manager

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Not applicable

Other optional information

None

9

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
K L Toms S Foulis
Katherine Lindsay Toms Sarah Foulis

Chair
Committee Member
29 September 2025
29 September 2025

10

Charity Name No (if any) ERMINGTON PRE-SCHOOL UNIT 1034037 ~~eeee~~ Receipts and payments accounts

For the period Period start date Period end date from 01/09/2023 To 31/08/2024

~~a~~ Section A Receipts and payments

Unrestricted Restricted Endowment Total funds funds funds funds to the nearest to the nearest £ to the nearest £ to the nearest £ £

A1 Receipts

Funding 61,838 Fee 31,284 Fundraising 1,396 Interest 596

61,838 - - 31,284

1,396

596

Other Income 51

51

-

-

95,165 - - 95,165

Sub total (Gross income for

AR) 95,165

A2 Asset and investment sales, - - - (see table). - - - - - - ~~——~~

Sub total

11

95,165 - - 95,165

Total receipts

A3 Payments

Wages and Salary
105,022






-





-






105,022
Tools and Equipment
352
- -
352
Food and Subsistence
1,738
- -
1,738
Telephone and Internet
2,426
- -
2,426
Uniform expenses
753
- -
753
Rent
5,832
- -
5,832
Repair and Renewals
1,509
- -
1,509
Advertising
174
- -
174
IT cost
863






-






-







863
Legal expenses
102
- -
102
Subscription
1,913
- -
1,913
Travel and Subsistence
126
- -
126
Staff expenses
518
- -
518
Consultancy
799
- -
799
Other expenses
2,429
- -
2,429
Sub total
124,555
- -
124,555
A4 Asset and investment
purchases, (see table)
-
-
-
-
-
-


-

-
-
-
-
-
- -

12

- Sub total -

Total payments

124,555 - - 124,555

Net of receipts/(payments)

29,390 - -
29,390
-
-

-

-
75,748
- -
75,748
46,357 -
46,357
-

A5 Transfers between funds

A6 Cash funds last year end

Cash funds this year end

Section B Statement of assets and liabilities at the end of the period

Categories

Unrestricted Restricted Details funds funds to nearest £ to nearest £

B1 Cash funds

13

Current Account 4,735 - Reserve Account 41,623 - - - - 46,357 account(s)) OK OK Unrestricted Restricted funds funds

Total cash funds

(agree balances with receipts and payments

Details

~~-~~ to nearest £ ~~-~~ to nearest £ B2 Other monetary assets - -

-

-

Details

B3 Investment assets

14

Details

B4 Assets retained for the charity’s own use

-

Details B5 Liabilities

-

Signed by one or two trustees on behalf of all the trustees Signature

-

Fund to which asset Cost (optional) belongs

Fund to Cost (optional)

which asset belongs

Fund to which liability relates

15

Print Name

e
Sarah Foulis


16

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Ermington Pre-school members of

On accounts for the year ended

Set out on pages

Respective responsibilities of trustees and examiner

31[st] August 2024 Charity no 1034037 (if any) 14-17 (remember to include the pagenumbers of additional sheets)

14-17

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”)

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.

In connection with my examination, no matter has come to my attention

Independent examiner's statement

  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.

IER

1

M.Tuffaha ~~7)~~

Date: 22/10/2025

Signed:

Name: M.H Tuffaha AFA

Relevant professional IFA qualification(s) or body ~~Be~~

(if any):

Address: Sterling Gate Accountants 3rd Floor 86-90 Paul Street London EC2A 4NE

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.)

IER

2

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

IER

3