July 2022 ## **Trustees' Annual Report for the period** Period start date Period end date **From** **To** 01 08 2021 31 ## Section A Reference and administration details **Charity name** Osmotherley Preschool **Other names charity is known by** None **Registered charity number (if any)** 1035485 **Charity's principal address** 3 School Lane Osmotherley Northallerton **Postcode DL6 3BW** Osmotherley Preschool ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Anthea Howlett|Chair||| ||LucySillars|Treasurer||| ||EmilyTones|Committee member||| ||Heather Rowe|Committee member||| ||LucyWatts|Committee member||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** |**Name**|**Dates acted if not for whole year**| |---|---| |None|| ||| ||| **TAR** March **2012** 1 ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser**
**Name**
**Address**||| |**None**||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |Gill Hunton – Pre-School Manager||| Gill Hunton – Pre-School Manager ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Constitution Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company) Appointed by members Trustee selection methods - (eg. trust, association, company) (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** None You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **Summary of the objects of the charity set out in its governing document** We are an independent pre-school which also has charitable status and is run by parent volunteers who carry out the aims and objectives of the pre-school. All monies raised in whatever manner go back into to resourcing the group where all monies are directly spent on the children. **TAR** March **2012** 2 We aim to serve every child within the local community and beyond. We maintain strong links with all aspects of the community including the local primary school. We believe that children play a vital role within our communities. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** Here at pre-school we believe that children learn best through play, we therefore have a great deal of free flow play in which the children are able to make independent choices about activities that they are interested in. We plan for children’s learning through their interests, assessing their well-being, involvement and schematic play. We take a holistic approach to both development and learning where all children are valued. We follow the Early Years Foundation Stage Guidance and provide a rich variety of resources both indoor and outdoor. We also provide regular opportunities for exploring the local environment for the children, a truly enriched learning experiencing. All our staff are well qualified, undertake training and update knowledge in line with Ofsted and other government requirements. In November 2017, the Preschool was awarded Outstanding status by Ofsted after inspection. Details of the report can be found on the Ofsted website. The pre-school has had 24 plus children on the roll through the year. Trustees have had regard to the guidance on public benefit as issued by the Charity Commission when undertaking the charities work during the year. ## **Additional details of objectives and activities (Optional information)** None You **may choose** to include further statements, where relevant, about: - policy on grant making. - policy programme related investment. - contribution made by volunteers. **TAR** March **2012** 3 Section D Achievements and erformance p **Summary of the main achievements of the charity during the year** We continue to provide three full day (8am to 5.30pm) sessions during both term time and as holiday club provision. There are then two additional morning sessions offered during term time only. This provides a realistic option for working parents and has contributed greatly to the ongoing financial stability of the pre-school. Staff wage rates were increased in April 2021 to continue to be comparable with other local settings. The Committee are committed to ensuring wages rates continue to rise annually. This is to both recognise the performance of the current staff and to enable future recruitment. The increases do have an impact on both operating cash flow and the redundancy provision and therefore the cash reserves need to be increased. This is to ensure we have sufficient in reserve to cover drops in head count as well as having the funds available for building repair and maintenance as it arises. The Preschool has run at a loss for the year as post covid changes to work patterns have caused a reduction in usage of the wrap around care offering. **TAR** March **2012** 4 ## **Section E Financial review** **Brief statement of the charity’s policy on reserves** The pre-school holds in reserve sufficient funds to cover statutory redundancy payments. This is reviewed periodically to ensure the reserve continues to increase in line with wage rises. In addition, a capital reserve is held for any future building costs. (The preschool being responsible for all maintenance of the building under the terms of the lease with NYCC). If we are unable to pay for repair works as they arise, we would be forced to close the preschool. The current areas which are likely to require repair or replacement are the boiler and the chimney stack. **Details of any funds materially in deficit** None ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: None - the charity’s principal sources of funds (including any fundraising). - how expenditure has supported the key objectives of the charity. - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** None ## **Section G Declaration** **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**|A Howlett|L Sillars| |---|---|---| ||Anthea Howlett|Lucy Sillars| ||Chair|Treasurer| ||25 May 2023|| ||25 May 2023|| **TAR** March **2012** 5 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the tru3tsesl meml)ers of Osmothertey Pr&School On accounts for the year ended 31 Juty 2022 Charlty no (If any) 1035485 Set out on pagos ,2rf5 I report to the trustees on my examination of the accounts of the above charity (Ih8 Trusf) for the year ended 3110T12022. Ro8ponslbllltle8 and As the charity trustees of the Trust, you are resF¥)nsible for the preparation basis of report of the accounts in accordance wilh the requirements of the Charities Act 2011 ftho Acr). I report in resFrft of my examination of the Trust's accounts carried out under seclion 145 of the 2011 Act and In carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515)(b) of the Act. I have (x)mpleted my examination. I confirm that no matèrial matters have come to my attention ( ") in Connectbon with the examination which gives me Gause to believe that in, any material respect.. accr)unting records were not kept in acwdance with section 130 of the Act or the accounts do not accord with the a(xounting records I have no concems and have come across no other matters In connection with the examination to whth attention should be drawn in or(ler to enable a proper understsnding of the accounts to tE reached. ' FYeas8 delete tho words in the brad(ets rf thay do not apply. Date: Independent examlnerfs statemont Slgn•d: , l Name: Relevant professlonal qualificatlon(s) or body (if any): Address: IER October 2018 Section B Disclosure Only complete rf the examiner needs to highlight mattets of concem (see CC32, Independent examination of chanty ac￿unts. directions and guidance for examiners). Glve here brlef delalls of any items that the examlner wlshes to dlscloso. IER October 2018 OsTrntherfey P￿ Sthool. Registerd Chaiity 1035485 01 August 22 to 31 23 Recei ts and Pa ments A F rtheyea Ended 31. unt R•cei 2021122 2020121 Others In¢ wants Fees NYCC etc grants Grants Fundraisg Milk Claim Interest Miscellaneous 19.393.13 29.767.00 250.00 536.11 18.882.56 28,547.00 1.051.55 499.00 179.90 Thss lotal exduded the inlerest is added 50 126.14 48.980.11 ments Wages Premises costs Insurance General Running costs & mllkllcgshop Books and Maierials Fundrai5g Petty Cash NYCC Grants (Outdoor l ecao Mlsc Items 48.205.54 3.654.16 2,087.57 658.82 53.127.33 3.988.79 2.636.44 487.16 567.85 875.00 Exdudes 8nx)untS P2KI overto Deposi a(xx)unt 55.481.09 60 807.57 Ilndtjding transfer to D&posi & LP Aowunt) (Defic5tyExcess of Reeeipts over pa￿Trts 11 827.46 other Recwpts & Paymnts From t￿rA)sIt Account From LP Account To tÈposit A¢¢ount To LP Accouttt t Transfers to fkw)SitlLP Accwnts ,,It13 OsrMther￿Y p￿ School. Registe￿ Chaiity 1035485 01 August 21 to 31 ju￿ 22 nce hee For the Year Ended 31st July 2022 2021122 2020121 Pre Sthool Fund as at Excess of 31.07.21 paY￿EntS over Re￿￿ts Bank Internst 40.2SO.14 5.354.95 85.79 51.981.63 11,827.46 115.97 Pre School Fund as at 31.07.22 34 980.98 40.250.14 Repr•88nted by Cuff6nt Acwunl al less unptesented theques 31.07.22 6,95S.76 12.310.71 6,955.76 12,310.71 Deposit Account 27,939.43 85.79 27.823.46 115.97 Add unbanked incorr 28.025.22 27,939.43 34 980.98 40 250.14 For Flnance report recnn Curr alc less unpr p￿$ unbkd 6955.76 0.00 0.00 6955.76 Actual cash posit￿n ￿Thent a¢ct)unt Conyrltted balance in the ¢uffent 8C¢t Leading Practilnr Wages due PAYE due £0.00 £0.00 £0.00 Totsl £0.00 This leaves a net unGonMmitted balance of £6 955.76 Actual spare cash posstion Deposit account provisN)ns Roof fund Boler fund Redundancy Tolal £7.000.00 £4.500.00 £17,000.00 £28 $00.00 .,1 *lx&24 osTr￿the￿ey PIE Sc*ool. Registerd Charity 1035485 01 August 21 to 31 Juty 22 BAN ONCIUA Report as at Balance on Stat¢ment datsd 31 Jul 2022 £6 955.76 Balance at $tart of y•ar £12,310.71 Incom8 {Incl from Deposit AcL*unt) less unbanked Ilen £50.126.14 £0.00 £0.00 £50,126.14 £62.436.85 Expenditure (Incl lo Deposll Account) lèss unpregented chequas £55.481.09 £0.00 £0.00 £55,481.09 Curr•nt balanc• £6 955.76 zero £0.00 N8t Nl)veThnt 5.354.95 ,1*13a25