bWOOd Breachwood Green Pre-school Registered Charity number 1038926 Accounts and reports For the year ended 31 December 2024
Breachwood Green Pre-school Registered charity number 1038926 Contents For the year ended 31 December 2024 Page Addresses Trustees Report Independent examiners report Statement of financial activities Balance sheet
Breachwood Green Pre-school Registered charity number 1038926 For the year ended 31 December 2024 Registered Address: Egmont Pasture Lane Breachwood Green Hitchin SG4 8NR Activity Address: Village Hall Chapel Road Breachwood Green Hitchin SG4 8NX Independent examiners= Godfrey Laws & Co Ltd 65 Knowl Piece Wilbury Way Hitchin SG4 OTY Bankers: CAF Bank Ltd 25 Kings Hill Avenue Kings Hill Wesl Malling Kent ME19 4JQ Page 1
8reachwood Green Pre-school Village Hall, Chapel Road, Breachwood Green Nr Hitchin, Hertfordshire, SG4 8NX Tel.. 01438 831099 Ernail.. breachwood Website.. www.bw bWOOd reen reschool reschool.co.uk mail.com Registered Charity Nutnber.. 1038926 Ofsted Registration Number". 146743 Trustees Report For the year ended 31 December 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT The charity was established in 1978 and became a registered charity on 23rd June 1994, and is governed by the Constitution adopted in January 2015. Breachwood Green Pre-school is a body in membership of the Pr&school Learning Alliance. Policies and Procedures for Trustees We provide an induction for all staff, volunteers and managers in order to fully brief them about the setting, the families we serve, our policies and procedures, curriculum and daily practise in accordance with our Policies and Procedures manual. In addition to following our policies and procedures, trustees are also required to complete an Enhanced DBS Check and an EY3 Form, and submit a copy of their identification. TRUSTEES The Trustees who served during the year were= Mrs Sally Fearon - Chair- resigned 17th June 2025 Replaced by- Mr Jodan Chaston - Chair- appointed 20th August 2025 Ms Louise French - TreaSUr- resigned 25th June 2025 Replaced bv- Ms Leah Stares- Treasurer - appointed 20th August 2025 Mrs Jessica Cowap - Treasurer - appointed 20th August 2025 Mrs Lydia Chaston Mrs Amanda King Staff Member5 Mrs Tracey Holden- Administrator Mrs Sonia Silney- Manager Imaternity leave Apr 24- Mar 251 Mrs Beth Tacon Merry- Deputy Manager Mrs Ellie Wood - Early Years Practitioner Mrs Deborah Strares- Early Years Practitioner Part-time Iful time from Apr 241 Mrs Alison Hull- Eady Years Practitioner Part Time- Joined May24 and left in Dec 24 Ms Natalie Smith- Early Years Practitioner- Joined Apr24 to Aug24 (change in contract to zero hours in Jun 241 OBJECTIVES AND ACTIVITIES Our pre-school offers care and education for thildren aged two years to rising five, and we are registered to care for 19 children per session. With a team of experienced and qualified staff, we provide a fun, engaging. and nurturing environment where children learn through plav. Our aim is to: Create a happy and caring environment Build children's self-confidence Support children in developing effective communication with peers and adullts We follow the Early Years Foundation Stage IEYFSI and plan activities based on the children's interests, helping to support their individual learning and development. This planning is regularly reviewed and adapted to ensure we offer a wide range of activities that provide a strong foundation for future school life. Page 2
8rea¢hw¢)od Green Prtrschool Village Hall, Chapel Road, Breachwood Green Nr Hitchin, Hertfordshire, 5fj4 8NX Tel.. 01438 831099 Email." ba¢hwood Website.. wvM.b Wood en res¢hty)I reschl.¢XY.uk mail.com •• Registered Chèrity Number.. 1038926 Of5ted Regi5tr3tion Numbpr.. 146743 Trustees Report For the year ended 31 December 2024 CONTINUED... Public benefit The trustees have given due consideration to the Charity Commrssion's published guidance on thè operation of the public benefit requirement. GENERAL OVERVIEW An Annual General Meeting was held on 16th December 2024. During this meeting. it was confirmed that the organisation has seen a consistent increase in profit each month, driven by high child numbers. The pre-school is thriving and continues to attrart familie5 from outside the area. including Luton and surrounding villages. thanks to effective advertising and word of mouth. Our strong reputation continues to grow within the community. SUPPOrted by effective leadership and positive feedback from families engaged with the setting. This year, we welcomed a high percentage of children with Special Educational Needs and Children in Need. Our inclusive and supportive environment has made earlv years education accessible to all. a commitment that has been recognised by both families and professional agencies. The pre-school's vision to expand its provision through the development of a Forest School has been warmly received and is set to begin in 2025. ACHIEVEMENT5 AND PERFORMANCE In 2024, Breachwood Green Pre-school was recognised for its support of a high percentage of children with Speci31 Educational Needs and Children in Need. This included our SENCO working tirelessly to secure an Education. Health and Care Plan IEHCPI for one child, while also collaborating with external agencies to obtain additional support for others presenting with additional needs. Supplementary specialist funding was awarded to help support thesè children through the provision of additional equipment, resources, staff training, and support Staff. Improvements were also made to the pre-school garden, including new surfacing and equipment, while furniture and resources inside the classroom were updated to enhance the overall learning environment. The pre-school continued to raise its profile within the community through fundraising events and advertising. Tow3rd the end of the year, an apprentice was succe55fully recruited to begin in the new year, supporting the settin&s continued growth. TRUSTEES REMUNERATION AND BENEFrrs There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 3IDeMber 2024 nor for the year ended 31 December 2023. FINANCIAL REVIEW Total income for the year amounted to £110.768 and there was a net surplus for the year of £21.563. A number of successful fundraising event5 took place throughout the year, the total amount raised wa5 £3,418. Page 3
Breachwood Green Pre-school Village Hall, Chapel Road, Breachwood Green Nr Hitchin, Hertfordshire. SG4 8NX Tel- 01438 831099 Ernail= breachwood Website.. www.bw IIWOOd reen reschool reschool.co.uk mail.com Registered Charity Number.. 1038926 Ofsted Registration Number.. 146743 Trustees Report For the year ended 31 December 2024 CONTINUED... Reserves Policy SCOPE, DEFINITIONS AND PURPOSE The Management Committee has reviewed Pre-school's need for reserves in line with guidance issued by The Pre-school needs reserves in order to: l. meet redundancy liabilities should the Pre-school have to close- 2. ensure there are sufficient cash reserves in the current account to cover day to day running costs; ensure continuity of service provision by: a. meeting unexpected costs such as cover for illness or maternity leave. etc.: b. covering running costs during periods of lower income {e.g. while adjusting to school policy changes or following falls in fundraising) replace equipment as it wears out and carry out necessary building maintenance- 5. relocate the Pre-school from its current locationlpremises if necessary In calculating these amounts. the Pre-school assumes the following: Leader and Deputy Leader 12 weeks. notice14 weeks. notice for all remaining roles No redundancy payments for staff members with less than 2 years of service. POLICY AIMS In light of the scope. definitions and purpose. the Pre-school aims to maintsin reserves consisting of: i. reserves to meet redundancy liabilities; ii. general contingency reserves equal to one term's (i.e. one-third of annuall total expenditure, excluding maintenance and depreciation The Committee believes that this level of reserves is prudent and necessary to ensure that the Pre-school can run efficiently and meet future needs. 'All groups are recommended to have at least three month's expenditure in reserve and a sum which covers the calculated redundancy liabilit)K {Managing a Charitably Constituted Setting, PSLA}. 'As a guide, many groups choose one term's reserves as a suitable level. (Finance in Early Years settings, PSLA}. The Committee will monitor the actual level of reserves and compare with the target level no less than once a year lat the financial year-endl. The Pre-school has no restricted funds, and therefore essentially all cash balances can be considered to be part of reserves. Page 4
Breachwood Green Prtrschool Village Hall, Chapel Road, Breachwood Green Nr Hitchin, Hertfordshire. SG4 8NX Tel: 01438 831099 Email: breachwood Website.. wsyw.bw bWOOd reen reschool reschool.co.uk mail.com Registered Charity Number- 1038926 Ofsted Registration Number.. 146743 Trustees Report For the year ended 31 December 2024 CONTINUED... In the event of reserves falling significantly below the target level, the Pre-school will aim to restore the reserves as soon as possible by postponing salary increases and bonuses, fundraising, increasing earned income by increasing child numbers, or reducing expenditure. Similarly, if reserves are significantly above the target level, the Committee will put in place a plan as soon as possible, aiming to eliminate the excess within two years by spending money to enhance the quality of Pre-school provision, or otherwise further the aims of the Pre-school, or by reducing fundraising. The Committee will not, however, take any steps that might call into question the ability of the Pre-school to continue as a financially viable operation in the long term. In particular, it will not plan to use excess reserves to cover essential running costs. POLICY REVIEW This policy will be reviewed and approved annually by the Pre-school Management Committee. Review date:August 2025 Policies and Procedures for Trustees We provide an induction for all staff, volunteers and managers in order to fully brief them about the setting, the families we seNe, our policies and procedures, curriculum and daily practise in accordance with our Policies and Procedures manual. In addition to following our policies and procedures, trustees are also required to complete an Enhanced DBS Check and an EY2 Form, and submit a copy of their identification. Signed on behalf of the Trustees MrJordan Chaston Chair Date: 24110125 Page 5
Br8achwo(xl Gr88n Pr8.School Regislered charity number 1038926 Independent examlnorfs report to th• trust••s of Br••¢hwood Gr•en Pre School For the year erKled 31 December 2024 I rewrt on tho accwnts of C¥wn Prn Schc#S t the year MI•d 31 Oocen)w 2024, whK set l on pages 110 8. R••pecllv• mpon•lbllltl•• ol tr1• and •xamln•f The chariws IDJSte 4T9 lor thg of Ihe acc(tr. The charity's trustees t(51der thal an audit is required lor lh y8af 10( s•clhJn 144121 ol Iho Chantss Act 2011 (th8 2011 Acll arKJ Ihal On Indèpendgnl 8xarThnaIK Id•d. It B my resportsibth'ty to.. •xarThne Ihe a(xwnts wMl•r 145 01 tho 2011 Ad 14515llbl ol tts 2011 Aci 8a•l• al Ind•p•nd•nt r•port My eXannIn was out in 4£conlarte wilh Ihg gefNryral L1"fec1JL given ty Ihe Chanty C4xnThN58IIXI. An exarnlnalK i1je$ a re¥# ol the acc4xJntrg records kept by the thanty a cory>wwn ol the the accounlJ. arKI seifWJ •xplaTh8b(Th yw a8 InAle88 conceff¥r#J any mattorn. The wocethr undertaken do wovAl8 all tho 6vthnc• ihli be requw•J In an WKI con80wwty no ¢)pnn 801 noxt StalemL 11 I whlch gNe8 mfr rnaaoMbl• c1• to b•lwd• IhW in any mAl•rial lh• r•wYomwts'. • lo keep aCtn rocor(Is in Kc(Ydance tmth sect 130 of Ihe 2011 £t Julrem8nt8 ol 2011 A ha¥0 I (21 in ¢Jpth. attentA)n be In to en*Jl• a ol th• Shjned: Godlrey Laws & Co Ltd Chartered & RW•d Alxlitorn 65 Kntrth P8 Wilbury Way HitCn SG40
Breachwood Green Pre-school Registered charity number 1038926 Statement of financial activities For the year ended 31 December 2024 2023 Total Punds nds FurKI8 INCOMING FROM.. Fees- FurKled Fees- Private Sal8 ol unrform FurKlraisir¥J ir0& Inleresl irrome Giants Total Incomkng 11.797 11.797 19.294 135 3,418 673 3,418 673 152 110.76B 110.768 81.79B EXPENDITURE ON: Consumatdes FurraIsiffj eyperkses Wages ar ppnsions Art & knwntawy lees (Irla payrc41 fee51 Bank Fees Can1 Unrform expenses Equiwenl & Toy5 Aciiviiies Athertisiro matheiir#J Insurance Light. Power, Healiry IT sofiware & consumat4&s Prlniiro & statnery Rent Repair5 aTKI mwnlenarre Slaft Traini subscriptn8 Tep1K1 & IrrferrI SundrYe5 Depreciaii Total ExFt)dlture SS,715 1.352 273 415 2.136 195 276 276 449 407 407 240 516 5.107 673 470 5.107 6TJ 470 217 132 n.117 Net Inwmdex diwr8 21,563 10,681 Transfers bth¥een furK15 Net movement in lunds 21.563 10.681 RECONCILIATION OF FUNDS Total funds brought loNard 21,481 21,481 10,800 Total funds carried forwd 43.044 21,481 All of the Charity's activf(ies re acquired during the ave financial pericmj. The charity has no recognised gains or losses other than those dealt wth in the slalement of financial aclN((ies. Page 7
Breachwood Green Pre-school Registered charity number 1038926 Balance sheet as at 31 December 2024 31 Dec 2024 31 Dec 2023 Assets Tangible assets Debtors 189 70 Bank Cash at Bank 47,656 23,197 Total Assets Llabllltles Current Llabllltles Other creditors Payroll liabilities Total Current Liabilities 700 4,101 4,801 700 1,086 1,786 Total Liabilities Net Assets The funds of the charity Net incomelexpendilure Funds brought forward Total charit funds 21,563 21.481 10.681 10.800 Page 8