## **Trustees’ Report for Broadbo1om Pre-School 22/23**
Academic Year, ending 31[st] August 2023
Broadbo8om Pre-School saw some big changes this year with the sad departure of our 9-year manager in April 2023 due to family commitments. We were thrilled to appoint our deputy manager as our new manager, with one of our senior members of staff stepping up to fulfil the role of deputy manager.
Despite these changes in the managerial team and huge shiH in responsibiliIes, our pre-school conInues to offer a nurturing and educaIonally sImulaIng environment for our children, emphasising on learning through play. We conInue to offer a wide range of acIviIes for our children on a daily basis, and have celebrated a number of mulIcultural fesIvals throughout the year.
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our manager. We ended the academic year with 17 children, 3 of which were children with Special EducaIonal Needs and DisabiliIes (SEND). These numbers were similar to the previous year (21/22), despite some concerns in our last report regarding a reducIon in the number of children registered with us for 22/23.
The majority of our children graduated in July 2023, leaving the comfort and familiarity of the pre-school setting and moving onto their next big adventure - primary school. To help with the transition, we did several visits to our village primary school, allowing our children to explore the primary school setting with the familiarity of their pre-school teachers and friends. Our relationship with Broadbottom Primary School continues to be a good one and we are committed to maintaining this as we feel this is vital in helping our children transition to ‘big school’ successfully and with minimal effort.
It is also a big transition for those children who have had to wave their friends goodbye as they graduate to big school. Next year, they will become the big boys and girls of pre-school, and our staff will continue to support and guide them through this transition, as they have done in the years gone by.
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development, to improving and maintaining their knowledge. We are very proud to say that one of our staff members is currently studying and working towards their Level 3 Diploma for the Early Years Workforce and is projected to complete this next academic year. We also conInue to subscribe to and use the excellent ‘Noodle Now!’ resource for regular staff training throughout the year.
Our new manager is our Special EducaIonal Needs and DisabiliIes Coordinator (SENDCo) and the Designated Safeguarding Lead having undergone training with our local authority (LA). All other members of staff have completed their safeguarding training online whilst waiIng for a LA training session to become available. All members of staff are also trained in paediatric first aid, which includes epi-pen and defibrillator training.
## **Fundraising**
There was unfortunately minimal fundraising this last academic year with only the Christmas Fair as a fundraising event and a small amount from the Easy Fundraising app. However, we hope to address this in the next academic year.
## **Summary**
Broadbottom Pre-School continues to be a nurturing environment for children aged 2 to 4. The numbers for children enrolled for the next academic year (23/24) are low and we do seem to be experiencing some financial hardship at present with expenditures being higher than our income. However, we have plans in place to boost our income with extended opening hours and have appointed a lead for fundraising for next year. We hope our efforts will mean we are able to become more financially stable in the next year or so.
## **Treasurer’s Report 22/23**
_Financial statements for the year ending 31[st] August 2023 have been passed over to K Crellin of Indigo Blue Accountancy to examine._
Unfortunately the previous treasurer for pre-school resigned from their post at our AGM on 6[th] October 2023 and had not yet wriAen the treasurer’s report for year ending 31[st] August 2023. I came into post towards the end of October 2023 and have examined the accounts; please find my report below:
The income and expenditure account as of 31[st] August 2023 shows a final credit of £14,170 in the Santander Business Current Account, and £10,312 in the Virgin Savings account. This significant reducSon seen in our funds over this last year (- £6,067 compared to last year) seems mainly to be due to the increase in staff wages coupled with a reducSon in our income from local authority funding and parents fees from the number of children aAending pre-school.
The total income for year ending 31[st] August 2023 was £75,348, which is not dissimilar to our total income for previous years.
The expenditure for year ending 31[st] August 2023 was £81,415. Increases in staff wages of almost £8,000 mostly accounts the increase in expenditure this year, with our staff wages totalling £67,312 this year compared with last year’s £59,318.
The income from parents fees is £14,273 which remains similar to that of 2022.
Free EnStlement Funding (FEF, previously known as Nursery EducaSon Funding or NEF) fees totalled £52,707.
The combined income from parents fees and local authority funding for 22/23 was £66,980, which is sadly lower than it has been in previous years.
Broadbottom Preschool
Financial Statements for the year ending 31 August 2023
Registered as a charity under the Charity Act 1960
Registration Number 1035816
## BROADBOTTOM PRESCHOOL
I have examined the attached accounts incorporating the Income and Expenditure Accounts for the year ended 31st August 2023.
In my opinion, the accounts are in accordance with the records supplied, and subject to not carrying out an audit, are correct.
Signed
Katharine Crellin Date: 4th June 2024
Income & Expenditure Accounts 2022-2023 (£'s)
|**Income**
Fees from parents
Fees from NEF
**Total Fee Income**
**Other Income**
Grant/Other
Donations
Fundraising
**Total Other Income**
Bank Interest Receivable
**Total Income**
**Expenditure**
Wages
Trips
Equipment
Fees
Rent
Insurance
Phone
Catering
Office
Training
Prof Fees
Accountancy
Other
**Total Expenditure**
**Surplus/(Deficit)**|2022/2023
14,273
52,707
**66,980**
8,240
55
-
**8,295**
73
**75,348**
70,392
564
2,418
727
3,754
787
275
611
849
126
515
300
98
**81,415**
**6,067**
**-**|2021/2022
13,268
62,915
1,729
350
-|**76,184**
**2,079**
-
**78,262**
60,595
594
2,116
769
7,500
690
-
585
1,056
-
-
-
420
**74,324**
**3,938**|
|---|---|---|---|
## **Balance Sheet as at 31st August 2023 (£'s)**
**----- Start of picture text -----**
2022/2023 2021/2022
General Funds
Virgin Money 10,312 10,239
Santander 16,887 31,217
Cash in Hand - 13,029 - 21,219
Total 14,170 20,237
Represented by
Surplus brought forward 20,237 16,299
Surplus/Deficit for the year - 6,067 3,938
Surplus carried forward 14,170 20,237
**----- End of picture text -----**
## **Notes**