TRUSTEES ANNUAL REPORT YEAR ENDING 31ST AUGUST 2020
’ ST MICHAEL S PRE-SCHOOL CHARITY NO: 1043275
Report of the trustees for the year ending 31[st] August 2020 and confirms that the organisation complies with the requirements of the Charity Act 2011, the Trust Deed and Charities SORP (FRIS102).
AIMS OF ST MICHAEL’S PRE-SCHOOL
To provide a safe educational environment for children both girls and boys aged 2 to 5 years old. St Michael’s Pre-School have been serving the community of Tettenhall for over 50 years.
PRESENT
At the present time the Charity in the process of restructuring partly following the resignation of the Treasurer and partly because there is a need, previously reported, for more Trustees.
The accounts presented here have been drawn up by an acting Treasurer in the interests of speed. He is a former Church Treasurer and a former Charity Treasurer but is also related to the Secretary.
The work of the Charity however is not affected by these items and continues as normal.
Any changes occurring as a result of actions relating to the above will be reported to and/or discussed with the Commission as necessary.
FUTURE
Continuing to fundraise to pay for the re-surface of garden area. This will help to improve child learning and the children’s safety and provide new experiences for the children.
We will continue to provide a warm and enriching environment for children from all backgrounds and cultures. Provide an educational environment through TFT, NEF and 30hours funded places as well as fee paying places.
We will continue to provide staff with the current up to date training where needed.
FINANCES
The financial statement shows a net income of £76599.19 for the year, with a starting balance of £18050.96
The principal source of income is via local authority funding which accounts for 79% of income with the remaining 21% coming from parent fees, fundraising and Covid furlough grant of £4289.
The main expenditure within the Pre-School is staff costs which account for 88%
As a charity parents, friends, committee members, trustees and staff members are all aware that all funds will go to provide educational enriching activities for pupils.
TRUSTEES
Mrs Rosemary Wellsbury
Mrs Nicola Kynaston-Wood
CONTACT DETAILS
St Michael’s Pre-School
Parish Centre Upper Street
Tettenhall
Wolverhampton WV6 8QF Contact number – 07791 940235
BALANCE SHEET FOR YEAR SEPT1 2019 TO AUG31 2020
| INCOME | £ | EXPENDIT | ||
|---|---|---|---|---|
| FEES VIA CASH | 4038.50 | WAGES | ||
| FEES VIA VOUCHER SCHEMES | 7355.80 | HMRC | ||
| FUNDING W-TON COUNCIL | 60466.65 | NEST | ||
| DAF FUNDING | 0.00 | COPIA | ||
| EYPP FUNDING | 0.00 | RENT | ||
| REFUNDS | 65.98 | TECHNOLO | ||
| FUNDRAISNG | 382.45 | SAGE | ||
| COVID FURLOUGH GRANT | 4289.81 | HOLIDAY F | ||
| PETTY CAS | ||||
| MONEY IN TOTAL | 76599.19 | ACC AUDIT | ||
| ICO | ||||
| MUSIC LICE | ||||
| OFSTED | ||||
| TWINKLE.T | ||||
| INSURANCE | ||||
| CHRISTMAS | ||||
| GRADUATIO | ||||
| DBS CHECK | ||||
| CONTRACT | ||||
| STAFF TRA | ||||
| BANK BALANCES | CRAFTS | |||
| 09/01 | 08/31 | SNACKS | ||
| 2019 | 2020 | CLEANING | ||
| SPONSORE | ||||
| A/C No. | £ | £ | EQUIPMENT | |
| 20983768 | 4877.85 | 6877.85 | ADMIN STA | |
| EYPP | ||||
| 23319 | 13173.11 | 2540.12 | SUNDRIES | |
| NAPPY BIN | ||||
| TOTAL | 18050.96 | 9417.97 | ||
| MONEY O | ||||
| NET LOSS | 8632.99 | |||
| NET LOSS |
| TURE | £ |
|---|---|
| 73598.94 | |
| 1088.30 | |
| 118.87 | |
| 0.00 | |
| 4800.00 | |
| OGYBroadband/mobile/Amazon music/website | 875.84 |
| 454.80 | |
| UND to A/C2 | |
| H | 10.00 |
| T | 300.00 |
| 35.00 | |
| ENSE PPL | 103.20 |
| 50.00 | |
| TAPESTRY | 222.36 |
| ES incl Norton | 44.99 |
| S | 300.19 |
| ON | 70.32 |
| KS | 104.00 |
| TORS.MAINTENANCE | 365.00 |
| INING | 12.00 |
| 94.69 | |
| 190.36 | |
| HYGIENE PPE | 459.54 |
| ED EVENTS | 0.00 |
| T & TOYS | 314.69 |
| ATIONERY | 439.09 |
| 325.74 | |
| 758.32 | |
| W-TON COUNCIL | 95.94 |
| UT TOTAL | 85232.18 |
8632.99
Examiner report for St Michael’s Pre-School Accounts 2019/20
As stated in the Trustees Annual Report the accounts were prepared following the resignation of the previous treasurer. The accounts have been prepared by Mr Wood whilst the Committee are trying to appoint a new treasurer, and he is satisfied that the information supplied is accurate and there are no items which require further comment.