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2021-03-31-accounts

Trustees’ Annual Report for the period

From 1[st] April 2020 Period start date To 31[st] March 2021 Period end date

Charity name: Somercotes Stars Pre-school

Charity registration number: 1035651

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To enhance the development and
education of children under statutory
school age by encouraging parents to
understand and provide for the needs of
their children through community groups.
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
Provision of a facility to assist and enable
development and education for preschool
children for the village of North Somercotes
and surrounding areas and to provide
afterschool and holiday club facilities up to
the age of 11.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The charities trustees have produced this
document following the guidance set out in
the SORP.

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

SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers N/A Other

Achievements and Performance

SORP reference Providing childcare for a rural area and supporting families within the community to provide for their children’s needs. Summary of the main Para 1.20 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.

Additional information (optional)

You may choose to include further statements where relevant about:


Achievements against
objectives set

Para 1.41

N/A
Performance of fundraising
activities against objectives
set
Para 1.41 N/A
Investment performance
against objectives
Para 1.41 N/A
Other N/A

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 Financial situation now stabilised.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 Reserves held to enable the charity some
resilience against income and outgoing
changes, including changing service user
numbers and staff increase costs.
Amount of reserves held Para 1.22 £10000
Reasons for holding zero
reserves
Para 1.22 N/A
Details of fund materially in
deficit
Para 1.24 Covid Crisis Loan and Trustee Loan
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 Covid closure and reduced service users

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

Local Authority Early Years Entitlement
Funding.
Service user fees.
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 N/A
Other N/A

Structure, Governance and Management

Description of charity’s
trusts:
Voluntary leadership committee
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution adopted 21 October 1993 and
amended on 10thApril 2018
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Unincorporated
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 Trustees volunteer and are vetted for
suitability by Ofsted and DBS.
Positions in the trustee committee are
appointed by election.

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

Safeguarding
Staffing and Employment
Confidentiality
Aims and Objectives
Fire and Evacuation policy
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 N/A
Relationship with any
related parties
Para 1.51 N/A
Other N/A

Reference and Administrative details

Charity name Somercotes Stars Pre-school
Other name the charity uses N/A
Registered charity number 1035651
Charity’s principal address School Lane
North Somercotes
Louth
Lincolnshire
LN11 7QB

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 (ifany)
Stephanie Morrow
Jane Ross
Louise Weller Secretary/Treasurer
Robert Weller Chair

– Corporate trustees names of the directors at the date the report was approved Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
N/A

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

N/A

Other optional information

N/A

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Louise Weller Full name(s) Robert Weller Position (eg Secretary, Chair Secretary Chair, etc) Date 30/08/2024

Charity Name No (if any) Somercotes Stars 1035651 Receipts and payments accounts For the period Period start date Period end date To from 4/1/2020 3/31/2021

CC16a

Section A Receipts and payments
A1 Receipts
Preschool Income
69,671
-
-
-
-
-
-
-
69,671
Covid Crisis Loan
10,000
-
Sub total 10,000
Total receipts 79,671
A3 Payments
Wages
52,316
Rent
3,000
Utilities
717
Insurance
464
Sundries
3,438
Debt repayed
8,328
Technology (Grant money)
2,779
-
-
Sub total 71,041
-
-
Sub total -
Total payments 71,041
Net of receipts/(payments) 8,630
A5 Transfers between funds
-
A6 Cash funds last year end
8,153
Cash funds this year end 16,783
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
69,671
-
-
-
-
-
-
-
69,671
10,000
-
10,000
79,671
52,316
3,000
717
464
3,438
8,328
2,779
-
-
71,041
-
-
-
71,041
8,630
-
8,153
16,783
Last year
to the nearest £
- 69,671 -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- 69,671 -
- 10,000
- - -
- 10,000 -
- 79,671 -
- 52,316 -
- 3,000 -
- 717 -
- 464 -
- 3,438 -
- 8,328 -
- 2,779 -
- - -
- - -
- 71,041 -
- -
- -
- - -
- 71,041 -
- - 8,630 -
- - - -
- - 8,153 -
- - 16,783 -

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

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees
Details
Charity Account
Savings Account
Details
Details
Details
Details
Unpaid HMRC
Trustee Loan
Covid Crisis Loan
Signature
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
to nearest £
14,379
-
2,404
-
-
-
16,783
-
OK
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
1,645
5,000
10,000
-
-
Print Name
Louise Weller
Robert Weller
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Louise Weller 8/30/2024
Robert Weller 8/30/2024

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the tfusteesl members of On accounts for the year ended Charlty no (If any) 10"3S651 Set out on pages I report to the trustees on my examinalion of the accounts of the above charily (Ihe Trust") for the year ended Responslbllltles and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requiremenls of the Charities Act 2011 (Xhe Acr). 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examinalion. I confimi Ihat no malerial matters have come to my attenlion (other than that disclosed below "} in connection with the examinalion which gives me cause to believe that in, any material respect: accounting record3 were not kept in accordance with section 130 of the Act or the accounts do not accord with the 8ccounting records Independant axaminor's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order lo enabl8 proper understanding of the accounls to be reached. Ple8S8 do18t8 th8 words in the brackets if they do not apply. Slgned: Dato: lfr 10."2024 Name: Relevant professional qualification{8) or body (If any): Address: rl so￿&￿C.￿rEs i L￿11￿0 IER October 2018