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2024-08-31-accounts

- Wembury Pre School Trustee’s Annual Report 2023/24

Name of Charity: Wembury Pre-School

Charity Registration Number: 1038818

Principle Address: Allsorts Building Wembury Primary School Knighton Road Wembury Plymouth Devon PL9 0EB

Names of Charity Trustees (holding office between 18[th] October 2023 and 14[th] October 2024):

Helen Withey (Chairperson) Erin Horrell (Secretary) Katy Duke (Treasurer) Justin Withey Polly Vinken-Kother Hannah Bradley

Trustees re-appointed on 14[th] October 2024:

Helen Withey (Chairperson) Polly Vinken-Kother (Secretary) Olivia Wilson (Treasurer) Lauren Lodge Erin Loveridge Justin Withey

Governing Documents: Wembury Pre-School is governed by its policies, prospectus and the adoption annually of the Pre-School Learning Alliance Constitution 2011.

Recruitment and Appointment of Trustees: All members of the Pre-school are invited and encouraged on a regular basis to participate in the running of the Pre-school and to attend meetings. Trustees are elected for one year at the AGM, being unable to serve for more than six consecutive years.

Objectives of Wembury Pre-School: The aim of the pre-school is to enhance the development and education of children under statutory school age, by encouraging parents to provide for the needs of their children through a community group. We aim to provide high quality care and education; work in partnership with parents to help children learn and develop; add to the life and well-being of our local community; and offer children and their parents a service, which promotes equality and values diversity.

Main Activities: We provide care and education for young children, between the ages of 2 years 6 months and 4 years 11 months, in a safe and stimulating environment. We provide children with interesting activities that are right for their age and stage of development, and provide a curriculum for the Early Years Foundation Stage of education.

Main Achievements during the Year:

Financial Position:

The Financial Statements for year ended 31/08/24 (13-month period) show income of £125,153 and expenditure of £126,990 leading to a deficit for the year of £1,837. Retained funds at the year-end total £60,490 including £50,217 in a restricted funds account.

Policy on Reserves: A restricted reserve fund account is held to enable the Pre-School to maintain its sustainability in planning for the future, together with any possible staff redundancy payments and closure costs covering a six week period.

Signed : Helen Withey Chairperson

Dated: 04.02.25

WEMBURY PRE-SCHOOL ANNUAL ACCOUNTS

PERIOD ENDED 31[st] AUGUST 2024

WEMBURY PRE-SCHOOL ACCOUNTS FOR THE PERIOD ENDED 31ST AUGUST 2024

FUNDS STATEMENT

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Funds as at 31st July 2023 Funds as at 31st August 2024
£ £
Cash in hand 204.25 Cash in hand 374.74
Current Account 11028.92 Current Account 8026.47
Deposit Account 51094.37 Deposit Account 52088.85 (3)
Deficit for Year 1837.48
Total
£ 62,327.54 Total
£ 62,327.54

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WEMBURY PRE-SCHOOL

ACCOUNTS FOR THE PERIOD ENDED 31ST AUGUST 2024

RECEIPTS AND PAYMENTS ACCOUNT

INCOME
Fees Received
Funded Fees Received
Pupil Premium Received
General SEN Funding Received
Individual SEN Funding Received
Individual DAF Funding Received
Fundraising (net):
Christmas Bazaar Raffle
Nativity
Summer Fair
Easyfundraising.com
School Lunch Tickets
Children's Uniforms
Bank Interest Rec'd Gross
Grants
Deficit for Year
Total
£
EXPENDITURE
29418.39
(4)
Wages
90455.22
NEST Pension - ER's Contribution
374.06
(5)
Staff Training/Travel
1055.25
DBS Checks
0.00
Staff Uniforms
0.00
Rent
Rates
Cleaning
945.63
Refuse Collection
14.50
Nappy Collection
118.00
Stationary/Admin/Post
16.78
Magazine Subscriptions
Photocopier Costs
247.66
(6)
Phone/Internet
Insurance
644.00
(7)
Website
Registrations:
994.48
- EYA Membership
- OFSTED
869.00
(8)
- Data Protection (ICO)
- PRS Music License
- Lottery Registration
Equipment/Toys
Consumables/Refreshments
Childrens Gifts/Entertainers
Gifts
Repairs & Renewals
Forest School
Plymouth Argyle Coaching
Trip to Church
1,837.48
Sum Up Fees
Bank Charges
£126,990.45
Total
£
100860.52
883.21
(9)
458.08
0.00
55.20
8734.00
454.09
2629.21
809.17
241.63
570.36
66.96
913.37
1219.99
1061.04
120.00
122.00
50.00
40.00
162.02
20.00
1693.15
2441.86
302.00
381.00
116.20
1365.00
1100.00
9.60
28.77
82.02
£126,990.45

WEMBURY PRE-SCHOOL NOTES TO ACCOUNTS – PERIOD ENDED 31[st] AUGUST 2023 (13-month period)

  1. Please note that these accounts are prepared on a Receipts and Payments Basis.

  2. These accounts cover a 13-month period and our financial year end has changed this year

from 31[st] July to 31[st] August. This was agreed by the Committee.

  1. The Deposit Account includes:

£40,000 Redundancy/Running Costs (RESTRICTED)

£4,758 Coop Grant (RESTRICTED)

£500 WCEF Grant (RESTRICTED)

£4,289 SEN and Deprivation Allocation (RESTRICTED)

£619 Pupil Premium (RESTRICTED)

£51 DAF (RESTRICTED)

Other funds £1871 (NOT RESTRICTED)

4. Fees

Fees outstanding at the year-end total £955.

5. Pupil Premium

£212.09 has been spent as follows:

Equipment £170.09

Extra Sessions/Fees £42.00

6. School Lunch Tickets

This is money received from the sale of lunch tickets which have not yet been used or paid to

the school (£212.52 is outstanding from the Autumn Term 2023).

7. Children’s Uniforms

Uniforms were received in advance of payment. The amount of £314 is owing at the yearend.

8. Grants and Donations received :

£500.00 DCC Expansion Grant £250.00 Wembury Sponsored Walk Donation £119.00 Mr. A Wood

9. NEST Pension

A payment of £171.99 re August was paid out after the year end

10. Rent

£5000 outstanding Rent was paid for 2022/23 (prior year) in this year as we did not receive the invoice until March 2023.

11. Refuse

£491.84 refuse payment relates to 2024/25 but due to the change of year end was included in this year.

12. Deficit

If the accounts had been prepared on a Cash Basis – if we allocated the £5000 rent payment, £955 unpaid fees, £492 refuse payment, £314 re uniforms and £212 unpaid lunch tickets to the years they corresponded to then the accounts this year would show an excess of £4,084.

Independent examiner's report to the trustees of Wembury Pre-school I report on the accounts of the charity for the 13 month period ended 31 August 2024. Respective rasponsibilities of trustees and exarniner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an 8udit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act to state whether particular matters have come to my attention Basis of Independent examinerfs report My examination was carried out in accordance with the general 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 or disclosures in the accounts, and seeking explanations from you as 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 18 given as to whether the accounts present a "true and fair view. and the report is limited to those matters set out in the next statement. Independent examlnera statement In connection with my examination, no matter has come to my attention.. which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 130 of the 2011 Act and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Richard Brown BAACA CTA 77 Mewstone Avenue, Wembury, PL9 OHU 16 January 2025