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2022-07-31-accounts

Trustees’ Annual Report for the period

From 01/08/2021 To 01/08/2022

Charity name: First Steps Pre-School Princes Risborough

Charity registration number: 1035692

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To provide a preschool environment to
enhance the development and education of
children under statutory school age
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
Offer appropriate play education and care
facilities
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18

Achievements and Performance

SORP reference Provided Care for to up to 24 children in each term time day 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.

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 We are holding enough in
reserve and have managed to increase our
reserves to reflect the increased number of
employed staff and redundancy
requirements
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 3 months running costs including and
required redundancy in the event of closure
Amount of reserves held Para 1.22 42,506.03
Reasons for holding zero
reserves
Para 1.22 N/A
Details of fund materially in
deficit
Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 Only concern we currently have is the
amount of government funding and
increasing rental costs

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

Fees paid by parents and Government
funding per child
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 Increasing costs and limited ability to earn
additional income
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Preschool learning alliance constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Unincorporated association
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 Selection made by annual vote at the AGM

Reference and Administrative details

Charity name First Steps Pre-School Princes Risborough
Other name the charity uses
Registered charitynumber 1035692
Charity’s principal address Scout and Guide Hut
Longwick Road
Princes Risborough

Names of the charity trustees who manage the charity

1
2
3
4
5
6
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Andrea Glasgow
Caira Lowe
Maxine Miller
Emma William
Katherine Dickson
Alaine Obrien

– 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 held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for 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

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)

Caira Lowe Full name(s) Andrea Glasgow

Position (eg Secretary, Chair Vice Chair Chair, etc) Date 01/12/2022

CHARITY COMMISSIO FOR ENGLAND AND WALE Independent èxaminer's r•port on the a¢Gounts Section A Indep¢ndont Exarniner's Report Report ttsthe trustees1 m•mber5 of First Step3 Pre-scho￿ {Prin￿S Risboroughl On a¢¢ounts lor the year ended 3110712022 Charity no lif anyl 1035692 Set0￿ on pau•s I report to the tnJ8teÈs on my examination of the accounts oflhe above th4rity I'the Trusfi for the yÈar ended 3110712022. Rèsponsibilities and basis of report the chantytrustees of the Trust, you are responsible forthe preparation ofthe accounts in aoxrdan( wth Ihe rwuirements ol the Ch8rptEsAL# 2011 rth? ACYI. I report in respeL of Tny examination ofthè Tw$t's a(wunts carried ut Under Section 145 ofthe 2011 Act and In e2rrying otrt my xamination, I have followed the applit2ble Directions given by the harity Commission under section 14515llbl of the Act. I have completed my examination. I confirm that m material matters have coTne to Tny attentson (other than that disdos8d b81ow'l In COnnect￿n N*ith the examination ￿ld) gives me cause to believe that in. any matÈrial resp&tt ' a¢¢ounling records were not kept in a￿0rdance￿th section 130 of the Act or . the a(£ounts do not accord wlh the accounting records Ind•p¥ndont gxamin•r's stat•mènt I have no (X>n￿MS and have ￿rne across no oth8r m8tt&r8 in connection with the exaTninab"on towhich attention should be diawn in oiderto enable a proper understsnding ofthe accountsto be reached. ' Please d818to th@ wor¢ts in Iha br8ck8ts if Ih8y do not 8ppIy Signed= 2É)/11 Name.. Relevant piofessional qualifiGHtionlsl or body Irf any): Address- B eoY41J S¢¢tfjon 8 Dis¢losur8 Only completè if the examiner ne8d8 to highlight matters of concem Ise& CC32, Independent examsnalion of Charity a¢counts'. directions and guidanee for exarniner81. Give here brtfrf details ol any item5 that the ¥xamin8r wishes to dis¢los?. KJotd& . IER October 2018

Section B Disclosure

Only complete if the examiner needs to highlight 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 .

October 2018

2

IER

2021 2022
Recei
pts
Fees 19233.18 20720.28
Buckinghamshire Council funding 41809.14 90200.8
Buckinghamshire Council grants 11814.07 7500
HMRC CJRS funding 1296.87 -
Voluntary Contributions 580.15 822.73
Heart Of Bucks Grant - 5000
Early bird
sessions - -
Lunch Club - -
Donations 400.7 -
Fundraising 463.6 1039.11
Rafe 432.6 -
Sale of uniforms etc 295 319
HMRC Gift Aid 50.07 0
Bank & COIF interest 5 5.26
£76,380 £125,607
Total Receipts .38 .18
Payments
Wages, Tax & NI 50997.11 92014.62
Trainin
g 565.6 1221.42
Recruitment
costs 2388 -
Disclosure & Barring Service fees 239 239
Rent 5568.49 6317.48
Advertising - -
Telephone & Internet 435.02 548.17
Administrator
fees 1229.53 -
Payroll administration &
Bookkeeping 500 761.2
Insurance 732.56
Websit
e 78.36 59.76
Equipment 2631.59 6638.59
Purchase of uniforms 471.18 639.93
Petty Cash 1050 831.51
Sundry expenditure 367.4 997.72
OFSTED fees 100 50
Fundraising cost - 231
Total £67,353 £110,550
Payments .84 .40

October 2018

3

IER

Surplu s

£15,056. 9026.54 78

First Steps Pre-School (Princes Risborough)

Statement of Assets and Liabilities as at 31 July 2022

Current Assets
Bank
current account
Bank
savings account
COIF account
Total Current Assets
2021
£11,139.
57
£32,500.
78
£414.20
£44,054.
55
2022
£16,477.4
7
£42,506.0
3
0
£58,983.5
0

October 2018

4

IER

CHARITY COMMISSIO FOR ENGLAND AND WALE Independent èxaminer's r•port on the a¢Gounts Section A Indep¢ndont Exarniner's Report Report ttsthe trustees1 m•mber5 of First Step3 Pre-scho￿ {Prin￿S Risboroughl On a¢¢ounts lor the year ended 3110712022 Charity no lif anyl 1035692 Set0￿ on pau•s I report to the tnJ8teÈs on my examination of the accounts oflhe above th4rity I'the Trusfi for the yÈar ended 3110712022. Rèsponsibilities and basis of report the chantytrustees of the Trust, you are responsible forthe preparation ofthe accounts in aoxrdan( wth Ihe rwuirements ol the Ch8rptEsAL# 2011 rth? ACYI. I report in respeL of Tny examination ofthè Tw$t's a(wunts carried ut Under Section 145 ofthe 2011 Act and In e2rrying otrt my xamination, I have followed the applit2ble Directions given by the harity Commission under section 14515llbl of the Act. I have completed my examination. I confirm that m material matters have coTne to Tny attentson (other than that disdos8d b81ow'l In COnnect￿n N*ith the examination ￿ld) gives me cause to believe that in. any matÈrial resp&tt ' a¢¢ounling records were not kept in a￿0rdance￿th section 130 of the Act or . the a(£ounts do not accord wlh the accounting records Ind•p¥ndont gxamin•r's stat•mènt I have no (X>n￿MS and have ￿rne across no oth8r m8tt&r8 in connection with the exaTninab"on towhich attention should be diawn in oiderto enable a proper understsnding ofthe accountsto be reached. ' Please d818to th@ wor¢ts in Iha br8ck8ts if Ih8y do not 8ppIy Signed= 2É)/11 Name.. Relevant piofessional qualifiGHtionlsl or body Irf any): Address- B eoY41J S¢¢tfjon 8 Dis¢losur8 Only completè if the examiner ne8d8 to highlight matters of concem Ise& CC32, Independent examsnalion of Charity a¢counts'. directions and guidanee for exarniner81. Give here brtfrf details ol any item5 that the ¥xamin8r wishes to dis¢los?. KJotd& . IER October 2018

Section B Disclosure

Only complete if the examiner needs to highlight 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 .

October 2018

2

IER

2021 2022
Recei
pts
Fees 19233.18 20720.28
Buckinghamshire Council funding 41809.14 90200.8
Buckinghamshire Council grants 11814.07 7500
HMRC CJRS funding 1296.87 -
Voluntary Contributions 580.15 822.73
Heart Of Bucks Grant - 5000
Early bird
sessions - -
Lunch Club - -
Donations 400.7 -
Fundraising 463.6 1039.11
Rafe 432.6 -
Sale of uniforms etc 295 319
HMRC Gift Aid 50.07 0
Bank & COIF interest 5 5.26
£76,380 £125,607
Total Receipts .38 .18
Payments
Wages, Tax & NI 50997.11 92014.62
Trainin
g 565.6 1221.42
Recruitment
costs 2388 -
Disclosure & Barring Service fees 239 239
Rent 5568.49 6317.48
Advertising - -
Telephone & Internet 435.02 548.17
Administrator
fees 1229.53 -
Payroll administration &
Bookkeeping 500 761.2
Insurance 732.56
Websit
e 78.36 59.76
Equipment 2631.59 6638.59
Purchase of uniforms 471.18 639.93
Petty Cash 1050 831.51
Sundry expenditure 367.4 997.72
OFSTED fees 100 50
Fundraising cost - 231
Total £67,353 £110,550
Payments .84 .40

October 2018

3

IER

Surplu s

£15,056. 9026.54 78

First Steps Pre-School (Princes Risborough)

Statement of Assets and Liabilities as at 31 July 2022

Current Assets
Bank
current account
Bank
savings account
COIF account
Total Current Assets
2021
£11,139.
57
£32,500.
78
£414.20
£44,054.
55
2022
£16,477.4
7
£42,506.0
3
0
£58,983.5
0

October 2018

4

IER