Cherry Tree Pre-Schoo/
Annual Report and Statement of Accounts
For the Year Ending August 31°" 2022
Registered Charity in England and Wales No. 1038574
Annual Report for the Year Ending August 31° 2022
Trustees Report
The trustees of Cherry Tree Pre-school present their report and the financial statements of the Pre-School for the year ending August 31% 2022.
Cherry Tree Pre-school is a registered charity governed by the constitution adopted on 14" March 1994.
Charitable Objectives
The objectives of the Trustees and staff of Cherry Tree Pre-school are to:
- e Provide high-quality care and education for children below statutory school age e Working in partnership with parents to help children to learn and develop e Add to the life and well-being of the local community and e offer children and their parents a service that promotes equality and values diversity
Cherry Tree Pre-School objectives are achieved mainly by leaming through play and establishing strong communicative links with parents.
Organisation
Cherry Tree Pre-school is a committee led and administered by the following trustees:
Mrs Rachel White — Chairperson
Mrs Tracey Kendall — Treasurer and Child Protection Officer Mrs Robyn Lambourne - Secretary Mrs Alison Owen
Mrs Felicity Landrock-Mettam
Cherry Tree Pre-school employs three members of staff, to whom day-to-day management is delegated in conjunction with the Trustees. Trustees are appointed each year at the Annual General Meeting.
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Review of the Year
Our Pre-School offers varied start and end times giving our Parents increased flexibility to suit their needs. We ended the Summer Term with 24 children on the books. 12 of whom are moving on to Primary School. Early years funding for 2-year-olds is £5.56 and for 3-year-olds £4.76 increased in April 2022.
We managed to keep our premises maintenance costs in line with last year, we will continue to look towards managing costs and keeping them to a minimum.
Pay is in line with the national minimum wage and a pension scheme is in place for those members of staff who fall within the criteria.
The savings account continues to earna little interest each month.
The bank balances totalled £33,284.61 as of 31t August 2022. Cash in hand stood at £764.62. An uncleared expenditure of £15.30 has our end-of-year funds totalling £34,033.93.
Reserves
One of the Trustees’ financial aims, for some time, has been to be in the position to be able to have a yearend figure high enough to cover the overheads of the pre-school for a period of 4 months. We have managed to continue to have the funds available to do this. We saw an increase in children in the Summer making the most of the hours and this saw us havea profit of £8,500.00 at the end of the year, this profit goes towards the low numbers carried over to the Autumn term. We also have our redundancies payments of £7,000.00 in our reserves.
Approved by the Trustees
Chair Cie Treasurer (Ta. clot 4 Date Alene?
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CHERRY TREE PRE SCHOOL REGISTERED CHARITY 1038574 RECEIPTS AND PAYMENT SUMMARY FOR THE YEAR ENDING 31ST AUGUST 2022
| Unrestricted | Restricted | Fundraising | Total | Funds | LastYear | Change | |
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | |||
| Receipts | |||||||
| Fees and registration | 14,109.04 | 14,109.04 | 11,536.17 | 2,572.87 | |||
| Grants received | 45,934.89 | 45,934.89 | 38,150.85 | 7,784.04 | |||
| Donations/Sponsorship | 2,627.80 | 2,627.80 | 319.00 | 2,308.80 | |||
| Milk refunds | - | - | - | 0.00 | |||
| Sundry Income | - | - | 191.70 | -191.70 | |||
| Bank interest | 3.88 | 3.88 | 2.44 | 1.44 | |||
| Cherry Tree Uniform | 5.00 | §,00 | 88.00 | -83.00 | |||
| Tennis | - | ” | 48.00 | -48.00 | |||
| Lingotots | ~ | - | - | 0.00 | |||
| Rugby Tots | - | - | - | 0.00 | |||
| Restricted Fundraising |
- | - | 1,449.16 | - 1,449.16 |
- 1,075.04 |
0.00 374.12 |
|
| TotalReceipts | 62,680.61 | - | 1,449.16 | 64,129.77 | 51,411.20 | 12,718.57 |
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CHERRY TREE PRE SCHOOL REGISTERED CHARITY 1038574 RECEIPTS AND PAYMENT SUMMARY FOR THE YEAR ENDING 31ST AUGUST 2022
| Unrestricted | Restricted | Fundraising | Total Funds | Last | Year | Change | |
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | |||
| Payments | |||||||
| Staff Salaries Incl NI and PAYE | 44,823.63 | 44,823.63 | 39,169.82 | 5,653.81 | |||
| Ground Rent | 280.00 | 280.00 | 250.00 | 30.00 | |||
| Hall Hire | - | 0.00 | |||||
| Petty Cash | - | ” | - | 0.00 | |||
| Equipment | 516.50 | 516.50 | - | 516.50 | |||
| Insurance | 489.65 | 489.65 | 483.03 | 6.62 | |||
| Training Costs/Bursary | 369.95 | 369.95 | 50.00 | 319.95 | |||
| Subscriptions | 35.00 | 35.00 | 200.30 | -165.30 | |||
| Sundries | 60.00 | 60.00 | - | 60.00 | |||
| Tennis Fees | - | - | - | 0.00 | |||
| Rugby Tots | - | - | - | 0.00 | |||
| Lingotots | - | - | - | 0.00 | |||
| Planning | 229,84 | 229.84 | 1,207.81 | -977.97 | |||
| PP&S & IT Costs | 877.72 | 877.72 | 780.49 | 97.23 | |||
| Telephone | 660.46 | 660.46 | 694.71 | -34,25 | |||
| Cherry Tree Uniform | 116.00 | 116.00 | 397.65 | -281.65 | |||
| Scout Hut Renovation/Maintenance | 3,537.27 | 3,537.27 | 3,385,811 | 151.46 | |||
| Advertising | - | . | - | 0.00 | |||
| Milk | - | “ | - | 0.00 | |||
| Subcontractors | - | - | 0.00 | ||||
| Professional/Admin Fees | 1,792.50 | 1,792.50 | 2,347.50 | -555.00 | |||
| Employee Pension | 1,807.78 | 1,807.78 | 2,078.72 | -270.94 | |||
| Restricted | - | - | - | 0.00 | |||
| Fundraising | 24.99 | 24,99 | 205.83 | -180.84 | |||
| Total Payments | 55,596.30 | - | 24.99 | 55,621.29 | 51,251.67 | 4,369.62 | |
| Cash Funds B/F | 9,859.48 | 797.98 | 13,998.78 | 25,525.45 | 25,365.92 | 159.53 | |
| Net surplus/(deficit) for the year | 7,084.31 | 0.00 | 1,424.17 | 8,508.48 | 159.53 | 8,348.95 | |
| CashFundsC/F | 16,943.79 | 797.98 | 15,422.95 | 34,033.93 | 25,525.45 | 8,508.48 |
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CHERRY TREE PRE SCHOOL REGISTERED CHARITY 1038574 RECEIPTS AND PAYMENT SUMMARY FOR THE YEAR ENDING 31ST AUGUST 2022
STATEMENT OF ASSETS AND LIABILITIES AS AT 31st AUGUST 2022
Cash Funds
Creditors Liabilities
Fixed Assets
Unrestricted Restricted Total Funds Funds Funds 33,235.95 797.98 34,033.93 Fees £ - HMRC NI and PAYE Jul-22 £ 165.98 - Aug-22 £ 126.81 - Biffa £ 15.30 - Cherry Tree Hut “
These accounts have been prepared from the books and records of Cherry Tree Pre School and are in accordance therewith.
Signed a te ol ee Date IS/Itl2o2D CHAP 2SoNI —- BACHEL Ue TE
Mrs Tracey Kendall Treasurer
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Report on the Accounts
| Section A | Independent Examiner’s Report |
|---|---|
| Report to thetrustees/members of | _ |
| CHEWAY Tree PHGE GBScrtooawr |
|
| Onaccounts fortheyearended | sli jols/2{2 Charityno (ifany) 1 [ol2ie |
| Respective responsibilities oftrustees andexaminer |
The charity’s trustees are responsible forthe preparation ofthe accounts. The charity's _ trustees considerthatan audit is not required forthisyearundersection 144ofthe Charities Act2011 (the Charities Act)and thatan independentexamination isneeded. |
| It is my responsibility to: | |
| * examine the accounts undersection 145 of the Charities Act, |
|
| - to followthe procedures laid down in the general Directions given by the Charity |
|
| Commission (undersection 145(5)(b) of the Charities Act), and | |
| * to state whether particular matters have come tomy attention. |
|
| Basis ofindependentexaminer’s statement |
=My examinationwas carried out inaccordance with general Directions given bythe Charity Commission.An examination includes a review ofthe accounting records |
| kept by the charityand a comparison of the accounts presented with those records. | |
| It also includes consideration of any unusual items or 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 no opinion is given as to whether the accounts present a ‘true and fair’ | |
| view and the report is limited to those matters set out in the statement below. | |
| independentexaminer'sstatement | _In connection withmyexamination, no matter hascometomyattention (etherthar hat-dicosed-below> |
| (1) which givesme reasonable cause to believe that in, any material respect, the | |
| requirements: | |
| * to keep accounting records in accordance with section 130 of the |
|
| Charities Act; | |
| * to prepare accounts which accord with the accounting records and comply |
|
| with the accounting requirements of the Charities Act have not been met; or | |
| (2) to which, inmy opinion, attention should be drawn in order to enable a proper | |
| understanding ofthe accounts to be reached. | |
| *Please delete the words in the brackets iftheydo notapply. | |
| ie. | |
| Relevant professional qualification(s) orbody (ifany) |
pone TR BN |
| Address | 7 SiUesterOQ PArae |
| Soriu STR. |
IER
1
March 2012