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2022-08-31-accounts

Trustees’ Annual Report for the period

From September 2021 Period start date To August 2022 Period end date

Charity name: Holy Trinity Pre-School

Charity registration number: 1037957

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The purpose of the Pre-School shall be
to provide a safe and satisfying
learning-through-play experience, whilst
following the demands of the Early
Years Curriculum, to provide quality
childcare and early years education for
children aged from 6weeks to school
age. The Pre-School also aims to
support parents in their children’s early
years, by working collaboratively with
parents and carers, other agencies and
**professionals, where appropriate. **
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

Provide a safe and stimulating
learning environment.

Recruit, train and support
suitably qualified staff to provide
quality pre-school learning and
care.

Comply with Ofsted regulations
and registration.

Ensure the needs (in particular
child-care and language
development) of local people are
being met by consultation.

Work closely with other agencies
to provide support for vulnerable
children and families (at risk)
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The public benefit from the pre-school
because we are able to provide
affordable and high quality childcare to
families with low incomes, in order to
allow them to continue in employment.
The pre-school serves the local
community which is made up of many
low-income families, single parent
families and families from overseas,
especially the Philippines, Africa and
Southern India, many of whom have

come to the area to work in the local large teaching hospital. The pre-school is able to offer help and support to families and agencies involved in providing for the needs of at-risk children. Referrals of at-risk children are increasing year by year. In addition, by providing the opportunity for students to learn on-the-job (in conjunction with college programmes) we are helping to provide training and increased employment prospects to local people. All the above is provided with regard to the guidance issues by the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 Not applicable
Policy on social investment
including program related
investment
Para 1.38 Not applicable
Contribution made by
volunteers
Para 1.38 Under normal circumstances, local
people, including parents and carers
assist occasionally in raising funds to
provide specific equipment. They also
assist with providing extra support on
educational visits.
Other

Achievements and Performance

SORP reference

Summary of the main
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.
Para 1.20 During the year the Pre-School has been
able to provide ten (five morning and
five afternoon) sessions per week
throughout term-time.
Children with English as a second
language, and their transition to school
have continued to be supported by
close liaison with two LEA’s and several
local primary schools.
Staff salaries remain in line with the
National Living Wage, and the Charity
continues to recognise the additional
responsibilities of manager and
assistant manager, by differentiated
rates of pay. Eligible staff are enrolled
into a work-place pension scheme.
Children have continued to enjoy the
large outdoor play area, with its mud
kitchen, play house and space for
wheeled toys.

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 The income and expenditure account
show that the year ended with a surplus
of £1,629. ( an encouraging
improvement over the year-end deficit of
£4,446 last year (2020 – 2021)
Recruitment has increased slightly, and
the parents who might have been
furloughed or working from home have
returned to the workplace in the main,
which has had a positive effect on the
amount received in fees directly from
parents. (an increase of over £2000 from
the previous year)
Children whose places are funded by
the local authority have continued to
attend, but not the hoped for increased
numbers.
The charity is in a better financial
position than it was this time last year,
but the surplus achieved is not enough
to make up for the fact that there has
been a deficit for the last three years. It
has been achieved by careful
monitoring of staffing levels. The charity
is cautiously optimistic that this year
marks an upturn after the difficult two
years of Covid restrictions, but a close
watch will again be made over the early
months of the next year to review
recruitment and staffing levels.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 Reserves as such as not held, but the
charity has a deposit account which has
been built up over several years. Over
the last four years this has been used to
supplement the income to ensure that
the Pre-School can continue to meet its
commitments.
Amount of reserves held Para 1.22 n/a
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 Funding from the Local Authority
(shown in accounts as “NEG funding”)
for the eligible children is reliable, but is
dependent on successful recruitment.
This can not be predicted year on year,
and neither can the number of hours
above and beyond what the LEA funds,
which the parents pay for themselves
(shown in accounts as “Fees”). As the
only income is from these two sources,
the future of the pre-school is

dependent on the recruitment of satisfactory number of children, balanced by the optimal number of staff employed to cover the legal requirements. (The accounts show that the cost of employing staff is the single largest expense (£40,898 of a total expenditure of £47,649). The pre-school is in a slightly better situation than several local providers who have had to close through financial difficulties caused by the pandemic.

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 The Pre-schools major sources of
funding are fees charged to parents and
carers and Nursery Education Grant
from Local Authorities.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 Not applicable
A description of the principal
risks facing the charity
Para 1.46 The main risk facing the Pre-School is
financial – that if it does not recruit
sufficient children, or does not secure
some other financial aid (such as
grants) in the next year it will be in
danger of becoming financially non-
viable.
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 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 All parents and primary carers with
children attending the Pre-School are
members of the Pre-School, and are
able to vote at meetings. Members are
elected annually to office (Chairperson,
Treasurer and Secretary) and these,
together with the Pre-School manager
and deputy, form the Management
Committee. The committee has the right
to co-opt committee members.

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
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

Charityname HolyTrinityPre-School
Other name the charity uses
Registered charity number 1037957
Charity’s principal address Holy Trinity Community Centre
London Road
Newcastle under Lyme
Staffordshire
ST5 1LQ

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)
Barbara Davies Treasurer
Zoe DIllett Chairperson
Emma Bonfiglio Secretary
Sarah
Shufflebotham
Manager

– 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)

Sarah Shufflebotham Pre-School Manager

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) B.E. Davies Full name(s) Barbara Elizabeth Davies Position (eg Secretary, Treasurer Chair, etc) Date 23rd May 2022

HOLY TRINITY PLAYGROUP

STATEMENT OF ACCOUNTS FOR THE YEAR

ENDED 31 AUGUST 2022

HOLY TRINITY PLAYGROUP

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST AUGUST 2022

Income

Fees
Grants
NEG Funding
Staff Development
Fundraising
Interest
22,805.09
0.00
26,451.75
0.00
21.08
1.10
49,279.02

Expenditure

Wages 40,898.30
Insurance 776.67
Rent 3,850.00
Marketing 108.00
Equipment 15.00
Accountancy 360.00
Petty Cash (Refreshments etc) 200.00
Photographs 0.00
Property Maintenance 0.00
Office Equipment 910.74
Miscellaneous Expenses 0.00
Training 281.60
Professional Fees
Educational Visits
Surplus of Income over expenditure
HOLY TRINITY PLAYGROUP
249.00
0.00
47,649.31
1,629.71

BALANCE SHEET AS AT 31ST AUGUST 2022

During the year Holy Trinity Playgroup made a surplus of £1,629.71 which can be seen by the increase in Assets as follows : -

Bank Balances

as at 31 August 2022
Current Account
Deposit Account
Cash in Hand
4,266.42
2,292.29
0.00
6,558.71
as at 31 August 2021
Current Account
Deposit Account
Cash in Hand
Surplus for the year
1,137.81
3,791.19
0.00
1,629.71
6,558.71

The attached Statement of Accounts for the year ended 31st August 2022 has been prepared from the accounting records, information and explanations supplied to me, without carrying out an audit and are in accordance therewith.

A J Wilkinson ACMA

438 Crewe Road Wistaston Crewe Cheshire CW2 6QN

HOLY TRINITY PLAYGROUP

STATEMENT OF ACCOUNTS FOR THE YEAR

ENDED 31 AUGUST 2022

HOLY TRINITY PLAYGROUP

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST AUGUST 2022

Income

Fees
Grants
NEG Funding
Staff Development
Fundraising
Interest
22,805.09
0.00
26,451.75
0.00
21.08
1.10
49,279.02

Expenditure

Wages 40,898.30
Insurance 776.67
Rent 3,850.00
Marketing 108.00
Equipment 15.00
Accountancy 360.00
Petty Cash (Refreshments etc) 200.00
Photographs 0.00
Property Maintenance 0.00
Office Equipment 910.74
Miscellaneous Expenses 0.00
Training 281.60
Professional Fees
Educational Visits
Surplus of Income over expenditure
HOLY TRINITY PLAYGROUP
249.00
0.00
47,649.31
1,629.71

BALANCE SHEET AS AT 31ST AUGUST 2022

During the year Holy Trinity Playgroup made a surplus of £1,629.71 which can be seen by the increase in Assets as follows : -

Bank Balances

as at 31 August 2022
Current Account
Deposit Account
Cash in Hand
4,266.42
2,292.29
0.00
6,558.71
as at 31 August 2021
Current Account
Deposit Account
Cash in Hand
Surplus for the year
1,137.81
3,791.19
0.00
1,629.71
6,558.71

The attached Statement of Accounts for the year ended 31st August 2022 has been prepared from the accounting records, information and explanations supplied to me, without carrying out an audit and are in accordance therewith.

A J Wilkinson ACMA

438 Crewe Road Wistaston Crewe Cheshire CW2 6QN