Trustees’ Annual Report for the period
FromPeriod start date 01 August 2023 To 31 July 2024 Period end date Charity name: Osmotherley Pre School
Charity registration number: 1035485
Objectives and Activities
| Objectives and Activities | Objectives and Activities | Objectives and Activities |
|---|---|---|
| SORP reference | ||
| Summary of the purposes of the charity as set out in its governing document Para 1.17 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. |
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| 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 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. 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 July 2024, 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 20 plus children on the roll through the year. |
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| Statement confirming whether the trustees have had regard to the guidance |
Para 1.18 | Trustees have had regard to the guidance on public benefit as issued by the Charity |
issued by the Charity Commission on public benefit
Commission when undertaking the charities work during the year.
Achievements and Performance
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SORP reference
We continue to provide three full day (8am
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| Achievements and Performance | Achievements and Performance | Achievements and Performance |
|---|---|---|
| SORP reference | ||
| We continue to provide three full day (8am | ||
| 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 | to 5.30pm) sessions and two morning sessions during term time and weekly holiday club provision. 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 2024 to continue to be comparable with other local settings and national minimum wage. 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 operating cash flow and we continue to fundraise to assist with provisions and operating costs. Fundraising also ensures we have sufficient in our reserves to cover drops in head count as well as having the funds available for building repair and maintenance as it arises. |
Financial Review
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Review of the charity’s Para 1.21 The pre-school holds in reserve sufficient
financial position at the end funds to cover statutory redundancy
of the period payments. This is annually. 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 area that
is likely to need repair is the roof as we
have replaced the boiler in the year. .
Statement explaining the Para 1.22 The reserves are held in a separate instant
policy for holding reserves access account with higher interest
stating why they are held
Amount of reserves held Para 1.22 £25,997
Reasons for holding zero Para 1.22 n/a
reserves
Details of fund materially in Para 1.24 n/a
deficit
Explanation of any Para 1.23 n/a
uncertainties about the
charity continuing as a going
concern
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Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | |
| 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 |
Reference and Administrative details
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Charity name Osmotherley Preschool
Other name the charity uses
Registered charity number 1035485
Charity’s principal address 3 School Lane
Osmotherley
Northallerton
DL6 3BW
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Names of the charity trustees who manage the charity
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Elisabeth Margaret Chair
1
James
2 Anna Ramshay Treasurer
3 Bethany Bilby Trustee
4 Elizabeth Brown Trustee
5 Alex Bilby Trustee From 24 August 2023
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved
Director name
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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
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
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 |
E James A Ramshay |
|---|---|
| Elisabeth Margaret James Anna Ramshay |
|
Chair Treasurer |
|
| 19/05/2025 | |
| 19/05/2025 |
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees | Report to the trustees | Report to the trustees | Report to the trustees |
|---|---|---|---|
Charity Name Osmotherley Pre-School
On accounts for the year 31[st] July 2024 Charity no 1035485 ended (if any) Set out on pages 3,4 & 5(remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/07/2024.
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed: Date: 19 May 2025 Name: Martin Wheller Relevant professional ACA qualification(s) or body (if any): Address: 4 Burnhope Way, Houghton-le-Spring, DH4 6GR
Oct 2018
1
IER
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Oct 2018
2
IER
Receipts and Payments Account for Year Ended 31st July 2024
| 2023/24 | 2022/23 | ||
|---|---|---|---|
| £ | £ | ||
| Receipts | |||
| Fees | 25,734.72 | 25,734.72 | 20,139.20 |
| NYCC | 24,718.00 | 24,718.00 | 31,175.00 |
| Grants* | 5,916.65 | 5,916.65 | - |
| Fundraising | 16,530.20 | 16,530.20 | 105.00 |
| Miscellaneous** | - | - | 288.35 |
| 72,899.57 | 72,899.57 | 51,707.55 | |
| Payments | |||
| Wages | 58,514.73 | 58,514.73 | 49,298.85 |
| Premises costs inc Insurance*** | 6,324.50 | 6,324.50 | 5,228.95 |
| General Running costs**** | 4,539.58 | 4,539.58 | 3,278.08 |
| Books and Materials | 401.02 | 401.02 | 629.04 |
| Excludes amounts paid over to Deposit | |||
| account | 69,779.83 | 69,779.83 | 58,434.92 |
| (Deficit)/Excess of Receipts over Payments | 3,119.74 | (6,727.37) | |
| Other Receipts & Payments | |||
| From Deposit Account | 6,000.00 | 6,540.00 | |
| To Deposit Account | 10,000.00 | - | |
| Net Transfers to Deposit Account | 4,000.00 | (6,540.00) |
* Grant funding:
i) £2,916.65 received from Best Practice to help towards Apprentice Training costs ii) £3,000 from the Woodsmith foundation which was spent on the kitchen refurbishment, the kitchen expenditure is in the financial year 2024/25 and totalled £3,360
** Miscellaneous receipt in 2022/23 related to a donation from the community group for cushions
*** Costs include a new boiler which was fitted in August 2023, total cost £2,771
**** IT expenses were claimed relating to 2022-24 (£756) and a new website redesign (£350)
19 May 2025
Oct 2018
3
IER
Balance Sheet for Year Ended 31[st] July 2024
| 2023/24 | 2022/23 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Pre School Fund as at: | 31stJuly 2023 | 28,434.06 | 28,434.06 | 34,980.98 | |
| Excess/(Deficit) | 3,119.74 | (6,727.37) | |||
| Bank Interest | 330.89 | 330.89 | 180.45 | ||
| Pre School Fund as at: | 31stJuly2024 | 31,884.69 | 28,434.06 | ||
| Represented by | |||||
| Current Account at | 31stJuly 2024 | 5,888.13 | 6,768.39 | ||
| Deposit Account | 25,665.67 | 21,485.22 | 21,485.22 | ||
| Deposit Account Interest | Deposit Account Interest | 330.89 | 180.45 | 180.45 | |
| 25,996.56 | 25,996.56 | 21,665.67 | |||
| £31,884.69 | £28,434.06 | ||||
| Committed balance in the current | |||||
| account: | |||||
| PAYE/Pension | £222.95 | ||||
| This leaves a net uncommitted balance of | £5,665.18 | Actual spare cashposition | |||
| Deposit account provisions: | |||||
| Roof fund | £18,996.56 | ||||
| Redundancy | £7,000.00 | ||||
| Total | £25,996.56 |
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19 May 2025
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Oct 2018
4
IER
Bank Reconciliation
| Report as at | 31/07/2024 | ||
|---|---|---|---|
| Balance on Statement | £5,888.13 | 31/07/2024 | |
| Balance at start of year | £6,768.39 | 01/08/2023 | |
| Income | £81,124.67 | ||
| (Incl from Deposit Account) | £6,000.00 | ||
| less unbanked items | £0.00 | £81,124.67 | |
| £87,893.06 | |||
| Expenditure | £82,004.93 | ||
| (Incl to Deposit Account) | £10,000.00 | ||
| less unpresented cheques | £0.00 | £82,004.93 | |
| Current balance | £5,888.13 | ||
| check zero | £0.00 |
19 May 2025
Oct 2018
IER
5
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees | Report to the trustees | Report to the trustees | Report to the trustees |
|---|---|---|---|
Charity Name Osmotherley Pre-School
On accounts for the year 31[st] July 2024 Charity no 1035485 ended (if any) Set out on pages 3,4 & 5(remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/07/2024.
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed: Date: 19 May 2025 Name: Martin Wheller Relevant professional ACA qualification(s) or body (if any): Address: 4 Burnhope Way, Houghton-le-Spring, DH4 6GR
Oct 2018
1
IER
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Oct 2018
2
IER
Receipts and Payments Account for Year Ended 31st July 2024
| 2023/24 | 2022/23 | ||
|---|---|---|---|
| £ | £ | ||
| Receipts | |||
| Fees | 25,734.72 | 25,734.72 | 20,139.20 |
| NYCC | 24,718.00 | 24,718.00 | 31,175.00 |
| Grants* | 5,916.65 | 5,916.65 | - |
| Fundraising | 16,530.20 | 16,530.20 | 105.00 |
| Miscellaneous** | - | - | 288.35 |
| 72,899.57 | 72,899.57 | 51,707.55 | |
| Payments | |||
| Wages | 58,514.73 | 58,514.73 | 49,298.85 |
| Premises costs inc Insurance*** | 6,324.50 | 6,324.50 | 5,228.95 |
| General Running costs**** | 4,539.58 | 4,539.58 | 3,278.08 |
| Books and Materials | 401.02 | 401.02 | 629.04 |
| Excludes amounts paid over to Deposit | |||
| account | 69,779.83 | 69,779.83 | 58,434.92 |
| (Deficit)/Excess of Receipts over Payments | 3,119.74 | (6,727.37) | |
| Other Receipts & Payments | |||
| From Deposit Account | 6,000.00 | 6,540.00 | |
| To Deposit Account | 10,000.00 | - | |
| Net Transfers to Deposit Account | 4,000.00 | (6,540.00) |
* Grant funding:
i) £2,916.65 received from Best Practice to help towards Apprentice Training costs ii) £3,000 from the Woodsmith foundation which was spent on the kitchen refurbishment, the kitchen expenditure is in the financial year 2024/25 and totalled £3,360
** Miscellaneous receipt in 2022/23 related to a donation from the community group for cushions
*** Costs include a new boiler which was fitted in August 2023, total cost £2,771
**** IT expenses were claimed relating to 2022-24 (£756) and a new website redesign (£350)
19 May 2025
Oct 2018
3
IER
Balance Sheet for Year Ended 31[st] July 2024
| 2023/24 | 2022/23 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Pre School Fund as at: | 31stJuly 2023 | 28,434.06 | 28,434.06 | 34,980.98 | |
| Excess/(Deficit) | 3,119.74 | (6,727.37) | |||
| Bank Interest | 330.89 | 330.89 | 180.45 | ||
| Pre School Fund as at: | 31stJuly2024 | 31,884.69 | 28,434.06 | ||
| Represented by | |||||
| Current Account at | 31stJuly 2024 | 5,888.13 | 6,768.39 | ||
| Deposit Account | 25,665.67 | 21,485.22 | 21,485.22 | ||
| Deposit Account Interest | Deposit Account Interest | 330.89 | 180.45 | 180.45 | |
| 25,996.56 | 25,996.56 | 21,665.67 | |||
| £31,884.69 | £28,434.06 | ||||
| Committed balance in the current | |||||
| account: | |||||
| PAYE/Pension | £222.95 | ||||
| This leaves a net uncommitted balance of | £5,665.18 | Actual spare cashposition | |||
| Deposit account provisions: | |||||
| Roof fund | £18,996.56 | ||||
| Redundancy | £7,000.00 | ||||
| Total | £25,996.56 |
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19 May 2025
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Oct 2018
4
IER
Bank Reconciliation
| Report as at | 31/07/2024 | ||
|---|---|---|---|
| Balance on Statement | £5,888.13 | 31/07/2024 | |
| Balance at start of year | £6,768.39 | 01/08/2023 | |
| Income | £81,124.67 | ||
| (Incl from Deposit Account) | £6,000.00 | ||
| less unbanked items | £0.00 | £81,124.67 | |
| £87,893.06 | |||
| Expenditure | £82,004.93 | ||
| (Incl to Deposit Account) | £10,000.00 | ||
| less unpresented cheques | £0.00 | £82,004.93 | |
| Current balance | £5,888.13 | ||
| check zero | £0.00 |
19 May 2025
Oct 2018
IER
5