**Charity Registration Number: 1036299** 

**DAISY CHAINS PRE-SCHOOL (OLDHAM)** 

**Trustees Annual Report and Financial Statements Year Ended 31 August 2024** 



## **DAISY CHAINS PRE-SCHOOL (OLDHAM)** 

## **Contents** 

||**Page**|
|---|---|
|Members of the Board and Professional Advisers|2|
|Trustees Annual Report|3 - 7|
|Independent Examination|8|
|Receipts and Payments Accounts|9|
|Notes to the Financial Statements|10|



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**DAISY CHAINS PRE-SCHOOL (OLDHAM)** 

**MEMBERS OF THE BOARD AND PROFESSIONAL ADVISORS** 

**Registered Charity Name** Daisy Chains Pre-School (Oldham) **Charity Number** 1036299 **Registered Office** 923 Ashton Road Oldham OL8 3HX **Trustees** Miss R Wharmby Mrs J Davison Ms C Wharmby **Accountants** Community Accounting Lancashire C.I.C. Foxfields 9 Norley Close Chadderton Oldham Lancashire OL1 2RA **Bankers** Virgin Money 47 Market Place Oldham OL1 3AD 

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|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|
|---|---|---|---|---|---|---|---|
|**From**|Period start date|||**To**|Period end date|||
||1|Sep|2023||31|Aug|2024|



## Section A                        Reference and administration details 

**Charity name** Daisy Chains Pre-School (Oldham) 

**Other names charity is known by** St Pauls Playgroup (Oldham) previous name **Registered charity number (if any)** 1036299 **Charity's principal address** 923 Ashton Road Oldham Lancashire **Postcode** OL8 3HX ~~——~~ **Names of the charity trustees who manage the charity Name of person (or body) Dates acted if not for Trustee name Office (if any) entitled to appoint trustee whole year (if any)** 1 Rachel Wharmby Treasurer 2 Jayne Davison Secretary 3 Chelsea Wharmby Chair Person ~~===~~ **Names of the trustees for the charity, if any, (for example, any custodian trustees)** ~~—=~~ **Name Dates acted if not for whole year Names and addresses of advisers (Optional information) Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)** ~~Oo~~ 

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**Section B              Structure, governance and management** 

## **Description of the charity’s trusts** 

Type of governing document 

Constitution 

- (eg. trust deed, constitution) 

How the charity is constituted 

Voluntary Committee 

- (eg. trust, association, company) 

Trustee selection methods 

Elected by committee 

(eg. appointed by, elected by) 

## **Additional governance issues (Optional information)** 

You **may choose** to include additional information, where relevant, about: 

- policies and procedures adopted for the induction and training of trustees; 

Daisy Chains Pre-School adopts Ofsted policies and procedures as this is a legal requirement. 

Daisy Chains Pre-School is also a member of the Preschool Learning Alliance. 

- the charity’s organisational structure and any wider network with which the charity works; 

- relationship with any related parties; 

- trustees’ consideration of major risks and the system and procedures to manage them. 

## **Section C                    Objectives and activities** 

To enhance the development and education of children under statutory school age (2-5 years) by encouraging parents to understand and provide for the needs of their children through community groups, this follows the statutory guidance of the Early Years Foundation Stage. 

**Summary of the objects of the charity set out in its governing document** 

The trustees have regard to the guidance issued by the Charity Commission on public benefit, and discuss this at our trustees’ meetings where we plan and make decisions for the carrying out of our activities to which the guidance is relevant. 

Daisy Chains offer a safe, warm and welcoming environment in which children are educated and are able to access play facilities.  We work closely with parents and within the local community in a high depravation area of North West England. 

We pride ourselves on providing a warm, friendly and stimulating environment for all children, we are inclusive for all parents and staff alike regardless of gender, age, race, disability, sexuality and religion. 

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To maintain our “Good” status preschool undertakes the following things: 

- Involve Daisy Chains within the local community 

- • Provide a calm and caring environment • Regular reporting on children’s progress and achievements to parents to encourage them to take an active role with their child’s development and an active role within preschool 

- • Develop the essential skills within the three prime areas of: Personal, Social and Emotional Development Communication and Language Physical Development 

- • Provide opportunities for all children to experience success and to develop enquiring minds 

**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** 

- We provide care in conjunction with our policies and procedures & provide a high level of safe guarding for all children’s protection 

- • We involve parents and carers in their child’s learning development, parental feedback and suggestions are actively encouraged 

- We provide monthly staff meetings where staff members are able to plan for their key children, this also allows time to discuss other issues such as training, recruitment, staff appraisals and peerpeer observations 

- The management of finances and facilities are dealt with by senior staff and trustees 

At Daisy Chains we understand each individual child needs time to develop at their own pace, this is done by exploration, discovery, creativity and active learning. This is underpinned by implementing British Values throughout our daily routines and providing a key person system for all our children and their families. 

Daisy Chains offers: 

- Term time places only 

- • Aged 2-5 years • 34 children on role attending either a 3-hour morning/afternoon session, or accessing a full day 

Full/Part time places: 

- At Daisy Chains we offer two, three and four year grants, this covers 15 hours of childcare 

- We also offer 30 hours free childcare for three & four year olds 

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**Additional details of objectives and activities (Optional information)** 

You **may choose** to include further statements, where relevant, about: 

- policy on grantmaking; 

- policy programme related investment; 

- contribution made by volunteers. 

## Section D                      Achievements and performance 

Daisy Chains was last Ofsted inspected in November 2024. **Summary of the main** The inspection was extremely positive, with an overall outcome of Good. **achievements of the charity during the year** Daisy Chains has an excellent reputation with families in the local community. They choose to send their children to us because they have heard about us by word of mouth or because they may have had an older child attend. 

Children's learning and development is well planned for, observed, and logged by their key person and then uploaded to their online Tapestry account for parents/carers to view. As we are a charity setting we try to fundraise throughout the year with pyjama and movie days, Easter & Christmas hamper raffles. Our preschool continues to thrive, we are currently full for this academic year. 

## **Section E                    Financial review** 

Our reserves policy is to hold 3 months of free reserve funds. **Brief statement of the charity’s policy on reserves** The brought forward balance as at the 1[st] of September 2023, from the previous year, was £5,177. The reconciled balance as at the 31[st] of August 2024 was £27,945.40. This includes a receipt on the 22[nd] of August 2024 of £28,666.58 from Oldham MBC for the September 2024 grant. 

Although the accounts are prepared on a ‘Receipts and Payments’ basis, the September grant from Oldham MBC that is paid in advance in the preceding August is adjusted each year to reflect it in the financial period to which it applies to. As such the adjusted year-end balance in the accounts for the year ended 31[st] of August 2024 is (£784.14). 

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**Details of any funds materially** None **in deficit** ~~ee~~ 

## **Further financial review details (Optional information)** 

You **may choose** to include additional information, where relevant about: 

- the charity’s principal sources of funds (including any fundraising); 

- how expenditure has supported the key objectives of the charity; 

- investment policy and objectives including any ethical investment policy adopted. 

## ~~ee~~ **Section F                     Other optional information** 

## **Section G                    Declaration** ~~ee~~ **The trustees declare that they have approved the trustees’ report above.** 

**Signed on behalf of the charity’s trustees** 

**Signature(s)** Mrs J Davison **Full name(s)** Miss R Wharmby **Position (eg Secretary, Chair,** Secretary **etc)** ~~ee~~[Treasurer ] **Date** 31st March 2025 ~~OO~~ 

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## **DAISY CHAINS PRE-SCHOOL (OLDHAM)** 

## **REPORT TO THE MEMBERS ON THE UNAUDITED FINANCIAL STATEMENTS OF DAISY CHAINS PRE-SCHOOL (OLDHAM)** 

## **YEAR ENDED 31 AUGUST 2024** 

I report on the accounts for the year ended 31 August 2024 set out on pages 9 to 10. 

## **Respective Responsibilities of Trustees and Examiner** 

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

The charity’s trustees consider an audit is not required for this year under section 144 of the 2011 Act, and that an independent examination is needed. 

It is my responsibility as independent examiner to: 

- ~ examine the accounts under section 145 of the 2011 Act 

- ~ follow the applicable Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act, and 

- ~ to state whether particular matters have come to my attention 

## **Basis of Independent Examiners Report** 

My examination was carried out in accordance with the Directions given by the Charity commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.  It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. 

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. 

## **Independent Examiners Statement** 

I have completed my examination for the year ended 31 August 2024. 

I can confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: 

- ~ accounting records were not kept in accordance with section 130 of the 2011 Act or 

- ~ the accounts do not accord with the accounting records to comply with the accounting requirements of the 2011 Act 

I have no concerns 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 to be reached. 

## 31[st] March 2025 

**Miss Jacqueline Bird F.M.A.A.T.** Community Accounting Lancashire C.I.C. Foxfields 9 Norley Close Chadderton Oldham OL1 2RA 

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## **DAISY CHAINS PRE-SCHOOL (OLDHAM)** 

## **RECEIPTS AND PAYMENTS ACCOUNTS** 

## **YEAR ENDED 31 AUGUST 2024** 

|||**Total**|**Total**|
|---|---|---|---|
|||**Funds**|**Funds**|
|||**2024**|**2023**|
|||**£**|**£**|
|**RECEIPTS**|**_Notes_**|||
|Fee Income||10,627|10,933|
|OMBC Early Years Grant||99,342|64,525|
|OMBC SEND Fund||964|1,000|
|Lifelong Learning||288|-|
|BCTG Apprenticeship||500|-|
|Photographer Commission||-|94|
|Donations|**_2_**|25|20|
|Other Income||-|-|
|**TOTAL RECEIPTS**||**111,746**|**76,572**|
|**PAYMENTS**||||
|Salaries||99,350|82,047|
|Rent||4,500|6,000|
|Refreshments||2,975|3,583|
|Professional Fees||5,114|5,928|
|Insurance||561|620|
|Postage/Stationary/Printing||392|402|
|Accountancy Fees/Payroll Costs||-|3,225|
|Cleaning/Sundry||648|723|
|Equipment||1,829|6,980|
|Photographs||-|-|
|Internet/Telephone||712|860|
|Other Expenditure||1,626|4,792|
|**TOTAL PAYMENTS**||**117,707**|**115,160**|
|**Net of receipts/(payments)**||**(5,961)**|**(38,588)**|
|**Cash funds at 31 August 2023**||5,177|43,765|
|**Cash funds at 31 August 2024**||**(784)**|**5,177**|



The financial statements were approved by the Trustees on the 31[st] of March 2025 and signed on their behalf: 

Miss R Wharmby **Trustee** 

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## **DAISY CHAINS PRE-SCHOOL (OLDHAM)** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 AUGUST 2024** 

## **1. Receipts and payments accounts** 

Receipts and payments accounts are statements that summarise the movement of cash into and out of the organisation during the financial year.  In this context “cash” includes cash equivalents, for example, bank accounts where cash can be readily withdrawn to pay for debts as they become due. 

## **2. Donations Received** 

|**onations Received**|||||
|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**2024**|2023|
||**Funds**|**Funds**|**Total Funds**|Total Funds|
||**£**|**£**|**£**|£|
|General Donations|**25**|**-**|**25**|20|
||**25**|**-**|**25**|20|



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