## **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.|||
|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.|||
|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**
**----- Start of picture text -----**
SORP reference
We continue to provide three full day (8am
**----- End of picture text -----**
|**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**
**----- Start of picture text -----**
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**
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 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