2023-08-31-accounts - St Michael’s Preschool Nursery

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 1 September 2022 To 31 August 2023

Charity name: St Michael’s Preschool Nursery

Charity registration number: 1038665

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.
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	The main activities undertaken during the year were that of a pre-school nursery.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustee have had regard to the guidance issued by the Charity Commission on public benefit when planning the activities.

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	It has been another busy and successful year for the nursery. We were delighted to be awarded ‘Outstanding’ in all areas during our recent Ofsted visit. The number of children on our roll has steadily increased, and the staff and children that have been part of our setting for a while have worked hard to welcome our new starters and get them settled in quickly.

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	During the year the charity saw a deficit of £10,540, after a reduction in income received. At the year end the charity holds funds of £33,075.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The trustees aim to hold reserves to cover expenditure for six months if income ceased.
Amount of reserves held	Para 1.22	£33,075 of which £0 are restricted reserves.
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	No uncertainties about the charity’s ability to continue activities.

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 charity
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	Appointed by existing trustees

Reference and Administrative details

Charityname	St Michael’s Preschool Nursery
Other name the charity uses
Registered charitynumber	1038665
Charity’s principal address	The Recreation Building The Green Dalston Carlisle CA5 7QB

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(if any)
	Kate Orend
	Leanne Fisher
	Kathryn Jackson		Resigned 12.04.23
	Peter Jackson
	Sharon Davidson
	William Tod		Resigned 31.08.23
	Gail Hardcastle		Appointed 01.09.23

– 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	N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

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) Full name(s) Position (eg Secretary, Chair, etc) Date
	Ms Gail Hardcastle
	Treasurer
	26.06.2024
	26.06.2024

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of St Michael’s Preschool Nursery On accounts for the year 31 August 2023 Charity no 1038665 ended (if any) Set out on pages 1 to 2 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2023

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement 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 Act or
the accounts do not accord with the accounting records

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.

Signed: Date: Name: Alison Welton Relevant professional FCA qualification(s) or body (if any): Address: David Allen, Dalmar House Barras Lane Estate, Dalston Carlisle, CA5 7NY

October 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

IER

Charity Name No (if any) St Michael’s Preschool Nursery 1038665 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01/09/2022 31/08/2023

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 16,742 31,123 - 484 - - - - 48,349 - - - 48,349 47,784 4,440 379 753 855 52 3,655 756 35 180 - - 58,889 - - - 58,889 (10,540) - 43,615 33,075	Restricted funds to the nearest £ - - 500 - - - - - 500 - - - 500 - - - - - - - 500 - 500 - - - 500 - - - -	Endowment funds to the nearest £	Total funds to the nearest £	Total funds to the nearest £	Last year to the nearest £
Fees	16,742		-	16,742		14,769
NurseryGrant	31,123			31,123		44,691
Staff WellbeingGrant	-			500		-
Bank interest	484			484		-
	-			-		-
	-			-		-
	-			-		-
	-			-		-
*Sub total*(Gross income for AR)	48,349			48,849	#	59,460
				- - - 48,849 47,784 4,440 379 753 855 52 3,655 756 35 180 500 - 59,389 - - - 59,389 - 10,540
A2 Asset and investment sales, (see table).
	-		- - -	-
	-			-		-
*Sub total*	-			-		-
*Total receipts* A3 Payments
			-	48,849		59,460

Staff	47,784		- - - - - - - - - - -	47,784		46,721
Premises	4,440			4,440		4,440
Insurance	379			379		-
Catering	753			753		582
Equipment and materials	855			855		774
Update Service subscription	52			52
Accountants fees	3,655			3,655		-
Telephone and broadband	756			756		403
Affiliation fees	35			35		206
Training	180			180		125
Staff WellbeingGrant	-			500		-
*Sub total*	-			-
	58,889			59,389		53,252

A4 Asset and investment purchases,(see table)
	-		- - -	-
	-			-
**Sub total **	-			-		-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
			-	59,389		53,252

	(10,540)	-	-	- 10,540		6,208
	-	-	- -	-		-
	43,615	-		43,615		37,407
	33,075	-	-	33,075		43,615

Section B Statement of assets and liabilities at the end of the period

current account savings account Details	Restricted funds to nearest £ - - -	Endowment funds to nearest £
current account	-	-
savings account	-	-
	-	-

Signed by one or two trustees on behalf of all the trustees B5 Liabilities B4 Assets retained for the charity’s own use B3 Investment assets B2 Other monetary assets	Signature Details Details Details Details *Total cash funds* (agree balances with receipts and payments account(s))	33,075 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Gail Hardcastle	-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
		Gail Hardcastle	26.06.2024