2021-08-31-accounts

Trustees’ Annual Report for the period

From 1[st] Sep 2020 Period start date To Period end date

Charity name: Olney Pre-School

Charity registration number: 1039667

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Provide pre-school facilities for children aged two to four years old
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	Pre-school
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees have had guidance issued by the Charity Commission

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

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers 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	The Pre-School continues to provide outstanding pre-school provision predominantly for children in the local community. It provides extra support for students with special and complex educational needs.

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

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity is a not for profit organisation and is in a healthy financial position
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held for potential redundancies and potential continuing costs
Amount of reserves held	Para 1.22	£77000
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

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	Nursery Education Funding and Parent
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46	Lack of students or a drop in government funding would put the pre school in a difficult financial position.
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25
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	Trustees are nominated, seconded and elected at the AGM.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name	Olney Pre-School
Other name the charity uses
Registered charity number	1039667
Charity’s principal address	The Olney Centre, High Street, Olney, MK46 4EF

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)
	Edward Daynes	Chairperson
	Jacqui Konkol	Secretary
	Elena Hill	Treasurer

– 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)

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) Edward Daynes Full name(s) Edward Daynes Position (eg Secretary, Chair Chair, etc) Date 28/05/2022

OLNEY PRE-SCHOOL

INCOME AND EXPENDITURE ACCOUNT AS AT

31 August 2021

INCOME Parent Fees Nursery Education Funding SEN funding EYPP Bank Interest LESS EXPENDITURE Admin Exp 206.90 £ AGM - £ Auditor 26.00 £ Bank Charges - £ Consumables - food 714.25 £ Equipment 1,329.49 £ Fixtures & Fittings 395.47 £ Group Mem 224.00 £ EYPP expenditure 1,319.16 £ Insurance 805.99 £ Maintenance 58.80 £ Ofsted/DBS 263.68 £ Photocopier 591.27 £ Computers 8.39 £ Photos 323.62 £ Rent 8,353.36 £ SEN expenditure 48.82 £ Stationery, craft, cleaning 2,191.55 £ Telephone and broadband 547.98 £ Training 1,069.80 £ Wages 107,108.23 £ SEN hours 1,321.29 £ Cleaner 2,819.88 £ Misc 221.50 £ SURPLUS/DEFICIT CAPITAL EXPENDITURE IT 1,074.65 £ Kitchen - £ OVERALL SURPLUS/DEFICIT

Year to 31/08/2020 10,019.77 £ 10,626.00 £ 128,705.67 £ 120,405.61 £ 1,057.08 £ 1,161.00 £ 1,241.52 £ 1,237.03 £ 141,024.04 £ 133,429.64 £ 6.23 £ 349.09 £ 141,030.27 £ 133,778.73 £ 192.57 £ 21.15 £ 19.55 £ - £ 618.93 £ 248.98 £ 59.94 £ 243.20 £ 717.02 £ 805.99 £ - £ 243.30 £ 467.41 £ 8.39 £ 124.00 £ 8,120.04 £ 0 2,536.74 £ 529.79 £ 426.55 £ 100,516.70 £ 1,981.67 £ 2,208.20 £ 1074.4 129,949.43 £ 121,164.52 £ 11,080.84 £ 12,614.21 £ 8,053.15 £ 1,074.65 £ 8,053.15 £ 10,006.19 £ 4,561.06 £

OLNEY PRE-SCHOOL FUNDRAISING

INCOME AND EXPENDITURE ACCOUNT AS AT

31-Aug-21

INCOME Sponsored pancake races Dickens Tshirts/Gym Bags School Photos Christmas raffle Label commission Tea towels Donations LESS EXPENDITURE Tshirts/Gym Bags 415.00 £ Party and outings 108.43 £ Mobile 60.00 £ Equipment from fundraising - £ Toys from fundraising 213.59 £ SURPLUS Fundraising Account B/f Surplus(Deficit) Fundraising Account as at 31-Aug-21	Year to 31/08/2020 - £ - £ - £ 286.41 £ 430.50 £ 465.00 £ - £ 50.00 £ - £ 188.01 £ 6.16 £ - £ 265.17 £ 208.40 £ 66.00 £ - £ 767.83 £ 1,197.82 £ 348.25 £ 283.03 £ 32.00 £ - £ 403.02 £ 797.02 £ 1,066.30 £ 29.19 -£ 131.52 £ 2,747.32 £ 2,615.80 £ 29.19 -£ 131.52 £ 2,718.13 £ 2,747.32 £

OLNEY PRE-SCHOOL BALANCE SHEET AS AT 31-Aug-21

Current Assets Deposit Account Current Account Cash Financed by:(01/09/20) Capital b/f Redundancy Fund Terms Running Costs Operating Capital SEN brought forward EYPP brought forward Fundraising Fund Surplus (Operating Costs) Surplus (fundraising) Capital expenditure SEN funding SEN brought forward SEN income SEN expenditure SEN balance EYPP EYPP brought forward EYPP income EYPP expenditure EYPP balance	34,000.00 £ 38,000.00 £ 41,593.93 £ 3,645.79 £ 754.38 £ 2,747.32 £ 3,645.79 £ 1,057.08 £ 1,370.11 -£ 3,332.76 £ 754.38 £ 1,241.52 £ 1,319.16 -£ 676.74 £	62,312.62 £ 67,706.34 £ 699.46 £ 130,718.42 £ 120,741.42 £ 11,080.84 £ 29.19 -£ 1,074.65 -£ 130,718.42 £	Year to 31/08/2020 62,306.39 £ 57,911.45 £ 523.58 £ 120,741.42 £ 34,000.00 £ 38,000.00 £ 36,344.16 £ 4,466.46 £ 622.42 £ 2,615.80 £ 116,048.84 £ 12,614.21 £ 131.52 £ 8,053.15 -£ 120,741.42 £ 4,466.46 £ 1,161.00 £ 1,981.67 -£ 3,645.79 £ 622.42 £ 1,237.03 £ 1,105.07 -£ 754.38 £

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examineVs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Olney Pre Sthool Charity On accounts for the year ended 31 August 2021 Charity no {if any) 1039 617 Set out on pages 34 I report to the trustees on my examination of the accounts of the above charity rthe Trusfl forthe year ended 31 August 2020. Responsibtlities and As the chanty trustees of the Trust. you are responsible for the preparation bagls of report of the accx)unts in aC￿rdance with the requirements of the Charities Act 2011 nhe Acl"). I report in respect of my examination of the Trust's accounts rarried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Char¢ty Commission under section 14515llbl of the Act I have cornp￿ted my examination. I confim that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material re8￿ct.. accounting records were not kept in accordan￿ ￿th section 130 of the Act or the accounts do not accord with the accounting record¥ Independent examinerfs statement I have no ooncems and have come across no other matters in connection with the examination to which attention should be drawn in order to enab￿ a proper understanding of the accounts to be reached. Signed: Date: 2716r2022 Name: Miss Frances Louise Tock Relevant professional qualification{s) or body (if any)". Fellow Member ofAssociation of Chartered Certified Accountants. Address: 26 Carey Way Olney MK464DR June 2022

Section B Disclosuie Only complete if the examiner needs to highlight matters of concem (see CC32, Independent examination of charity a¢counts'. directions and guidance for examiners). Give here brief detsils of any items that the axaminer V•isho8 to dis¢lose. June 2022

Pat￿￿tIe￿I vow￿fee> iomo 8,706 IQ626 12U4U 138.B2 strff tra5rd Staff RErtolryom 917 941 L234 70 5a0 214 rfn1$trat￿a￿dAsMCosts c0rsww￿s&SEa1￿naryetC P￿tO￿oF1￿rtO3ts s￿dryr￿&£DmWuv¢Q$ts I￿￿rance Jt¢ya C￿n￿r 2D7 591 467 805 124 U20 59 s￿￿ryrt¢ OfstÈd&DBSf 5vtsctWkr 224 rknInthpy￿r Le55 lJ8217 X4L64 £1329A9 rath)ft0Ffv￿r0-. £lJ)7& ftuMkng<osts 10.397 5W3 June 2022

(Xney Pre School Charity Fundraising in the yearto 31 August 2021 2021 2020 Events Sponsored pancake races Dicken5 Tshirts/Gym Bags 286 8r05s income purchases & cost 431 415 465 348 16 117 50 188 512 Commission on school photos Christmas raffle rea Towels Label cornmisions Donations 265 66 353 1,153 Less Party and outings/Fun Day Mobile School equipment purchased Tea Towels Toys from fundraisin8 TshirtslGyrn Bags 283 32 214 382 29 403 1,022 132 2,616 2,748 Balarre brought fonvard Bala￿e carried forward 2.748 2.718 SEN ACCOUNT Income from DAF Desgnated transfer from general furMIs 1,057 1,161 8,053 9,214 1,982 7.232 1.057 1.370 313 Expenditure on addttional stafflng costs Net movernent in year EYPP ACCOUNT I￿oMe Expenditure on disadvantaged chlldren Net increase in f￿ndS held 1,242 1.319 78 1,237 717 520 June 2022

Olney Pre 5¢hool Chartty 8èlanc• sheet as at 31 August 2021 2021 2020 Current assets Bank deposit account 8ank current account Cash held at year end 62,313 67,706 699 130,718 62,306 57,911 524 120,741 FinarKed by Reserves Potential redundancy costs Potential cortinuing costs SEN EYPP ision5 38,¢X)O 3,333 3.646 1,142 76,788 76,397 Ger*ral F￿[m￿raIsIng Generdl 2,718 51,603 130,718 2,748 41,206 120.742 June 2022