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2024-09-30-accounts

Cherry Tots Pre-School

Name of meeting: Cherry Tots Committee Meeting Name of meeting: Cherry Tots Committee Meeting Name of meeting: Cherry Tots Committee Meeting
Heading Note
Name of meeting AGM
Location Cherry Tree
Date 04/06/2025
Time/Duration 7.30pm
Chairperson Mell Webster
Purpose of
meeting
Annual General Meeting
Minutes taken by Carol Quincey
Attendees
Name Organisation
Carol Quincey Cherry Tots Manager / Nominated Person
Andrea Mellor Bookkeeper
Mell Webster Chairperson
Michelle Arnold Treasurer / Fundraiser
Apologies
Name Organisation

Cherry Tots Pre-School

Agenda Items
Item
No
Item Action When By
1 Welcome / Apologies / Introductions
The Chair, Mell Webster opened the meeting by welcoming
those present.
Mell asked that the minutes of the previous meeting on
10/06/2024 be circulated with the agenda, be taken as read
and signed as an accurate record of the meeting.
Chair’s Report:
Mell reported that she wasn’t happy at the lack of
information with regards to the extension building work and
refurbishment for the setting. It has now been 2 years from
the LCC contacting us. Carol has reported to me that they
haven’t even responded to her emails either. I feel that
maybe I need to contact them to ask what is happening.
I would like to thank all the staff for all the hard work over the
last 12 months and especially for their work on upgrading
the outdoor area. It is looking lovely.
Mell also thanked the committee for their input and support.
MW On-going
2 Election of Roles
All elected committee are staying in their current positions.

Cherry Tots Pre-School

Agenda Items
3 Bookkeepers Report
Balance on current account £22,068.56
Balance on savings account £41,961.99
New rates of pay agreed by the committee in March were
implemented on 1/4/2025.
Last year was disappointing as the profit was down to
£1097. The reason was due to an increase in wages to
cover the extended opening hours and a decrease in the
funding received from LCC. This year however the accounts
are looking very healthy at the moment.
HSBC have advised that we will need new bank accounts
for the new CIO status. The new mandate will be sent to
Andrea for completion and then returned to HSBC business
department ahead of the virtual meeting between Carol,
Michelle and Andrea with HSBC on 16thJuly 2025.

Cherry Tots Pre-School

Agenda Items
4 Carol’s Report
23 children currently on the register all are funded.
No safeguarding issues at present.
Update with new classroom refurb and CIO:
I am still awaiting Bev Barker and Juile Grindley to get back
to me with regards the refurbishment of the setting and the
building works.
We have now have the new CIO in place and I have emailed
Ofsted to ask for guidance on how to proceed. I have a
rough idea but just for them to get back to me.
Carol talked about the new outdoor area and how nice it was
looking. We have recycled the old filing cabinet into plants,
painted the shed and replaced the roof. Cut back the hedge
and painted the role play area. we have also started the
work on the roof to under cover area.
We have had some really good feedback from new parents,
so I think it was worth all the hard work.
The Chair congratulated the preschool team for all their hard
work, for their outstanding care of and dedication to the
children and the engagement with the early year’s
framework.
CQ
CQ
All Staff
On-going
On-going
On-going

Cherry Tots Pre-School

Agenda Items Agenda Items Agenda Items Agenda Items
5 Fundraising / Other Issues:
Michelle talked about fund raising for the setting.
The main fundraising events were as follows:
Michelle talked how well the minibeast scavenger hunt went
and we are still waiting for forms to be given back. Any
money raised would go to paying for healthy snacks. Michell
thinks this is why the response so far has been good.
Any other business
There being no further business the chair declared the
meeting concluded.
Next Meeting: - to be arranged for Sept 2025
Signed:

Date: 05/06/2025
MA On-going

ingard Accounlancy Services 33 Lady Fronces Drive Market Rosen Lincolnshire, LN8 3JJ Tel: 01673 843510 E-mail: colin.lingard@ouilook.com CHERRY TOTS PLAY SCHOOL STATEMENT OFACCOUNTS FOR THE YEAR EI¥DED 30 SEPTEMBER 2024 Scanned wlth CamScanner-; cs

CHERRY TOTS PLAY SCHOOL PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024 2024 20 2023 2023 Fees and Vouchers Received Fundraising Income LCC Funding Grants Received 4,191 37 73.061 4Q- 1,011 60,519 66.873 77,32 Bank Interest R￿1Ved 681 285 67,554 77.614 Less Expenses :. Wages and Salaries Penslon Contributjons Toys and Educational Aids Rent Rates and Water Llght and Heat Insurdnce Telephone 59.T22 881 49,884 587 2.050 549 857 760 120 532 20 F l.-I . Office Expenses Repaits and Renevrdls Accountancy Subscriptions Professional Fees Bank Charges Training Cleaning 105 468 230 287 264 60 180 172 128 220 223 85 60 77 66,457 58,274 Net Proflt- L088 for the Year 1.097 21.340 Scanned wlth CamScanner-; cs

CHERkY TOTS PLAY SCHOOL BALANCE SHEET AS AT 30 SEPTEMBER 2024 2023 ASSErs cuRRE￿r ASSErs Cash at Bank and in Hand 53.158 53.158 CURRENT LIABILITIES Creditors and Accruals 797 797 NET CURREKf AISErs 53,889 52,772 53,869 52,772 Financed by :" CAPITAL ACCOUNr Balance brought forward Net Profit for tha Year 52.772 1,097 31.432 21,340 63,869 52.772 Report to Thlrd Partlo5 We have prepared the foregoing Profit arKI Loss Acc(￿nt for the year ended 30 September 2024 Balance Sheet as al that date from the bcx)ks, vouchers, Information and explanations given to us, without Carrying out an audit, and in our opinion the same are in accordance therewith. 6 February 2025 Lingard Accountancy Servi Accountants Scanned wlth CamScanner-; cs

ingard Accountancy Services 33 Lady Frances Drive Markel Rosen Lincolnshire, LN8 3JJ Tel: 01673 843510 E-rnail: colin.lin9ard@ouilook.com Our Ref . CAL I C40 Date . 6 February 2025 Andrea Mcllor Chery Tots Play School 2 Newstead Avenue Cherry Willingham Lincoln LN3 4AG Dear Andre I have ple&wre in enclosing the Accounts for the year ended 30 Septernber 2024. These Accounts show a Net Profit of £ 1.097, cornpared to last year's Net Profit of £ 21.340. The large reduction in the Net Profit is due to a sizeable decrease in LCC Funding. Wages have also increased by a substantial amount. If you requir¢ any further infornwtion or explanations in respect of these Accounts¥ please do not hesitate to contact me. Finally, I am tsking the opportunity to ¢nclose my Invoice for your attentio￿ and your paperwork is available for Ly)llectio￿ as soon as it is convenient for yo Yours sincerely Colin Lingard For and on behalf of Lingard Accountancy Services Scanned wlth CamScanner-; cs