## **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 5vtsctWk*r 224 rknInthpy￿r Le55 lJ8217 X4L64 £1329A9 rath)ft0Ffv￿r0-. £lJ)7& ftuMkng