Trustees’ Annual Report for the period
From 1[st] April 2021 Period start date To 31[st] March 2022 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 remains stable |
| 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 | Staff costs continue to rise with escalating minimum wage amounts. Service user numbers are due to drop due to lower numbers of children in the area we operate. Funding not increasing inline with operating cost increases. |
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 4/1/2021 3/31/2022
CC16a
Section A Receipts and payments
| A1 Receipts Preschool Income 76,784 PettyCash 1,759 - - - - - - 78,542 - - Sub total - Total receipts 78,542 A3 Payments Wages 63,504 Rent 3,000 Utilities 463 Insurance 497 Sundries 4,394 Sundries cash 1,400 Pension Regulator 400 - - Sub total 73,659 Covid Crisis Loan 1,597 Trustee Loan 3,000 Sub total 4,597 Total payments 78,256 Net of receipts/(payments) 287 A5 Transfers between funds - A6 Cash funds last year end 16,783 Cash funds this year end 17,070 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 £ 76,784 1,759 - - - - - - 78,542 - - - 78,542 63,504 3,000 463 497 4,394 1,400 400 - - 73,659 1,597 3,000 4,597 78,256 287 - 16,783 17,070 |
Last year to the nearest £ |
|---|---|---|---|---|
| - | 76,784 | - | ||
| - | 1,759 | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | 78,542 | - | ||
| - | - | |||
| - | - | - | ||
| - | - | - | ||
| - | 78,542 | - | ||
| - | 63,504 | - | ||
| - | 3,000 | - | ||
| - | 463 | - | ||
| - | 497 | - | ||
| - | 4,394 | - | ||
| - | 1,400 | - | ||
| - | 400 | - | ||
| - | - | - | ||
| - | - | - | ||
| - | 73,659 | - | ||
| - | 1,597 | |||
| - | 3,000 | |||
| - | 4,597 | - | ||
| - | 78,256 | - | ||
| - | - | 287 | - | |
| - | - | - | - | |
| - | - | 16,783 | - | |
| - | - | 17,070 | - |
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 Petty Cash Details Details Details Details Covid Crisis Loan Trustee Loan Unpaid HMRC Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 14,322 - 2,404 - 344 - 17,070 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - 8,578 2,000 1,645 - - 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) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
|||
| Louise Weller | 8/30/2023 | ||
| Robert Weller | 8/30/2023 |
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Exaffliner's Report R•port to tho trusteesl members of On accounts for tho year ended Charlty no (If any) - 2OZZ 103SaJt Set out on pages I report to the truslees on my examination of the accounts of the above charity ("the Trust") for the year ended R•sponsibilitie8 and As the charity trustee8 of Ihe Trust, you are responsible for the preparation basls of report of the accounts in accordan with the requirements of Ihe Charities Act 2011 ('the 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 examination. I confimi that no material matters have come to my attention (other than that disclosed below ") in conneclion with the examination which gives rne cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examlner'8 8tatsment I have no CDncems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts lo be reached. Please delete the words in the brackets if they do not apply. Slgned: Date: Name: Relevant professlonal qualification{s) or body (if any): Addr9•5: IER October 2018