CHARITY COMMISSION FOR ENGLAND AND WAIES Trustees. Annual Report for the perlod From 1$¢ April 2020 to 31st March 2021 Charity name: Little Saints Nursery Charity regislration number: 1045329 Objectives and Activities SORP referenr Summary of the purposes of the charlty as set out in Its overnin document Summary of the maln activities in relation to those purpos8s for th8 publlc benefit, in particular, the activities. projects or servlces Ident1fl6d In the accounts. Pwal.17 NURSERY PROVIDING PRE-SCHOOL EDUCATION FOR CHILDREN BETWEEN THE AGES OF 2 AND 5. PROVISION OF CORE NURSERY HOURS FOR PRE SCHOOL CHILDREN, WITH THE AIM OF ENHANCING THEIR DEVELOPMENT AND EDUCATION. BREAKFAST CLUB AND AFTER SCHOOL CLUB FOR PRE SCHOOL AND PRIMARY SCHOOL CHILDREN. PLACES AVAILABLE FOR CHILDREN THROUGHOUT SHEFFIELD. TRUSTEES HAVE GUIDANCE FROM THE FOLLOWING POLICIES: CODE OF CONDUCT ROLE DESCRIPTIONS ACCEPTABLE ICT USE POLICY SAFEGUARDING POLICY P¥8 1.17 and 1.19 ststement ¢onfinning whether the trustéès hav8 had regard to the guidance issued by the Charity Commls8ion on publl bènefit Par8 1,18 Addltlonal Infomiallon (optSonal) You ma Gh¢J05e to include further statements where r816vant about: SQRP Tele￿￿¢ NOT RELEVANT Pwa 1.38 Pollcy on grant making NOT RELEVANT Para 1.38 Policy on social investment Includlng program related investment VOLUNTEERS HAVE BEEN UNABLE ro CONTRIBUTE WITHIN THE NURSERY BUILDING DUE TO THE COVID PANDEMIC. COMMITTEE MEMBERS HAVE HOWEVER CONTINUED TO PROVIDE AN INVALUABLE Para 1 38 Contribution made by Volunteers CONTRIBUTION TO THE RUNNING OF THE NURSERY REMOTELY. Other Achievements and Performance SORP rEfewence TO ENHANCE THE DEVELOPMENT AND EDUCATION OF PRE SCHOOL CHILDREN 8Y'. IA} OFFERING APPROPRIATE PLAY, EDUCATION AND THE RIGHT OF PARENTSICARERS TO BECOME COMMirrEE MEMBERS INVOLVED IN THE RUNNING OF THE NURSERY. ENSURING THAT OPPORTUNITIES ARE PROVIDED FOR ALL CHILDREN WHATEVER THEIR FiACE, CULTURE, RELIGION, MEANS OR ABILITY, Summary of th8 maln achievements of ihe charity, Identifying th8 drfference the charity's work has made to the circumstances of118 beneficlarf85 and any wlder benefils to society as a whole. Pqr4 1.20 IBI INSTIGATING AND ADHERING TO AND FURTHERING THE AIMS AND OBJECTIVES OF THE PRESCHOOL LEARNING ALLIANCE. PROVIDING PRE SCHOOL EDUCATION TO CHILDREN FROM ALL AREAS OF SHEFFIELD AND ACCEPTING THOSE CHILDREN WHO QUALIFY FOR THE 30 HOUR EXTENDED FREE ENTITLEMENT GRANT. SUPPORTING AND PROVIDING LEARNING AND DEVELOPMENT OPPORTUNITIES FOR CHILDREN WHO QUALIFY FOR THE 2 YEAR FEL FUNDING. OFFERING NURSERY HOURS OUTSIDE THE 38 WEEK LOCAL AUTHORITY FUNDED PERIOD TO ENSURE PARENTSICARERS HAVE ADEQUATE CHILDCARE PROVISION. Additlonal Infonnatlon {0ptlonal) You ma choose lo Include further statements where relevant about,. 100Yo OF PLACES TAKEN. Achievements against obj8Ctlvès set P*a 1.41 NO FUNDRAISING OBJECTIVES SET. Perfomiancé of fundraising activities against objectives set Pdra 1_41 NOT RELEVANT. Investment P8rforman¢e against objectives Para 1.41 Other Financial Revlew Review of the chariws financial position at the end of the period Para 1.21 THE NURSERY HAS HAD A STRONG FINANCIAL YEAR. DESPITE THE COVID PANDEMIC WHICH MEANT CLOSURE TO CHILDREN OTHER THAN KEY WORKERS FOR ONE THIRD OF THE YEAR. AND HAS MADE A HEALTHY PROFIT IN DIFFICULT CIRCUMSTANCES. FUNDS HAVE BEEN RETAINED IN A CURRENT ACCOUNT TO COVER REDUNDANCY PAYMENTS FOR ALL STAFF AND OUTSTANDING BILLS IN THE EVENT OF NURSERY CLOSURE. £30000 NOT APPLICABLE ststement explaining the policy for holding reserves stating why they are held Parg 1.22 Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficlt Explanatlon of any uncertainlies about th8 charity continuing as a golng concem Para 1.22 P8ral, Parn 1.24 NOT APPLICABLE PArp 1.23 ALTHOUGH 3 TRUSTEES HAVE RECENTLY BEEN ELECTED, THERE IS AN ONGOING ISSUE OF REPLACING TRUSTEES APPROXIMATELY EVERY 2 YEARS AS CHILDREN ATTENDING NURSERY MOVE TO SCHOOL AND PARENTS/CARERS' CIRCUMSTANCES CHANGE. Addltlonal Infomiatlon (optlonal> You ma choose to Include further statemenls where relevant about: THE PRINCIPAL SOURCE OF FUNDS ARE VIA LOCAL AUTHORITY FUNDING (15 HOURS FREE EARLY LEARNING GRANT AND 30 HOURS EXTENDED FREE ENTITLEMENT FUNDING) The charlty's prlnclpal sources of funds lincludlng any fundraising} P8rn 1.47 ALL FUNDS ARE HELD IN A CHARITABLE BANK ACCOUNT WITH AN ORGANISATION WHICH HAS A SOCIAL CONSCIENCE. Investment pollcy and objectives includlng any 80cial investment policy adopted Par¥ 1.40 SEE COMMENTS RE ELECTING NEW TRUSTEES. A description of the principal sks faclng the charity PBfo 1.46 Other structure, Governance and Management Description of charivs trusts.. Type of governing document tr￿Ls1 dtr*<*d. io) 21 chfArtvr' How is the charity constituted? le..q siriinLofDDrated 4*sr)ri3lion C.10 Trustee selection methods including details of any constitutional provisions e.g. election to post or nam8 of any person or body entitled to appoint one or more tTusts8S Par8 1.25 CONSTITUTION P8r8 1.25 THROUGH THE PRE SCHOOL LEARNING ALLIANCE AND AT THE AGM Para 1.25 TRUSTEES ARE ELECTED AT THE AGM. THEY ARE NOMINATED BY ONE COMMITTEE MEMBER AND SECONDED BY ANOTHER. IN LINE WITH THE CONSTITUTION. Addltlonal Infomatlon {optlonall You ma choose to include further slatements where relevant about.. Poll¢le8 and prcr*dures adopted for the induction and tralnlng of trustees Por8 1.51 The charlty's organlsation81 structure and any wider neMrsrt< with whlch the charity works Por• 1.51 Relallonshlp wlth any related partles 1.51 Other Reference and Administrative detsils Charlty name Othef name the chari uses islered charit number Chariws principal address LIThLE SAINTS NURSERY 1045329 THE SCHOOL HOUSE, HILLFOOT ROAD, SHEFFIELD, S17 4AP. Namos of tho charlty tntstees who manage the charlty Dates a¢t8d W not for whole ear Tru8lea nama Offtce lff any) Name of ￿r$On lor body) entltled toa olnt tru8ts8 Ifan Little Saints Nursery Committee M8lanie Wilson Chair Imogen SFKK)ner Secretary Little Saints Nursery Committee Brlony Trlstram Treasurer March 2021 Little Saints Nursery Committee Joanna Cunclrffe Little Saints Nursery Committee Little Saints Nursery Commlttee Little Saints Nursery Committee Chery Moger R8becca Burton January 2021 Stephanie Shaw Little Saints Nursery Committee Little Saints Nursery Committe8 Mary Brightman March 2021 10 11 12 13 14 15 16 17 18 19 20 rate Irustees- names of the dSrectors at the date the re ortwasa roved Dlractor nam• Name of trustees holding title to property belonglng to the charity Trustw nam• Dat08 acted If notfor whole Funds held as custodian trustees on behalf of others Des¢ription of the assets held in this capacty Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charit18 objects Details of arrangements for safe custody and segregation of such a$$8ts from the charitvs own assets Addlllonal Infomiatlon (opllonall Names and addresses of advls•ryJ {Optlonal Infomiatlon) Type of Name Address advlsor Namo of ¢hl•f •xecutlva or names of senlor staff mombors {Optlonal Snformatlon) Exemptions from disclosure Reason for non-dlsclosure of ke ersonnel detalls 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) Full namels) Posltlon (eg Secretary. Chair, etc) C AE¢oy 14 Mo CHA%QPFfi&L) Date 07.11,1 # Little Saints Nursery Financial Statements Y/E 31/03/2021 ## **Little Saints Nursery** ## **Accountants Report on the Unaudited Accounts Little Saints Nursery** You have approved the accounts for the year ended 31/03/2021 which are made up of Income and Expenditure Account and the related notes. In accordance with your instructions we have compiled these unaudited accounts and carried out an independent examination from the accounting records, information and explainations supplied to us. ELHB Ltd Chartered Certified Accountants 76 Laverdene Avenue Totley Sheffield S17 4HF 28/04/2021 ## **Little Saints Nursery Income and Expenditure Account for year ended 31/03/2021** ||**2020/21**|**2019/20**| |---|---|---| |**Income**||| |Nursery Grant|£89,545|£70,504| |Nursery Fees|£18,634|£36,498| |Nursery Vouchers|£7,880|£19,685| |Fund Raising|£0|£545| |Donations|£0|£90| |**Total Income**|**£116,059**|**£127,322**| |**Expenditure**||| |Wages & Salaries|£91,734|£85,446| |Equipment|£3,740|£4,687| |Rent, Rates, Utilities & Insurance|£4,720|£5,674| |Repairs & Maintenance|£955|£120| |Subscriptions|£753|£789| |Waste Disposal|£1,230|£1,574| |Staff Exps|£0|£6| |Milk|£104|£397| |Training|£171|£500| |IT Support|£2,254|£2,040| |Legal and Professional|£100|£100| |Bank Charges|£142|£202| |Sundries|£0|£37| |Advertising|£0|£170| |**Total Expenditure**|**£105,902**|**£101,743**| |**Other Income**||| |**Furlough Receipts**|**£7,762**|| |**Surplus/Defecit**|**£17,920**|**£25,579**| |**Opening Bank & Cash**|| |---|---| |Bank|£92,168| |Cash|£43| |Total Opening|£92,211| |Income|£123,822| |Expenditure|-£105,902| |**Closing Position**|**£110,131**| ## **Little Saints Nursery** ## **Approval Statement** I approve these accounts which comprise the Income and Expenditure Account and the related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the accounting basis, and for providing all the information and explanations necessary for their compilation. Chair Treasurer Accounts Manager ## **Little Saints Nursery - Receipts & Payments Account Year ending 31st March 2021** ## **Fee income** |**Fee income**|| |---|---| |Year ending 31/03/21|116,059| |**Decrease**|**11, 263**| |**Salary costs**
Year ending 31/03/21|91,734| |**Increase**|**6,288**| ## **Income & Costs** Nursery fee income decreased this financial year due to the Covid 19 pandemic, which meant a significantly reduced number of children attending during lockdown, as sessions were only available to key worker children. Fees were waived during this period for those not attending. Salary costs increased due to a staff annual pay rise, and as a result of a staff member leaving and their hours being covered by staff on higher rates of pay. All staff not working during lockdown were paid at 100%. A successful claim was made with HMRC for those staff furloughed, at a rate of 46% rather than the usual 80% as Nursery had to allow for the fact we are claiming government FEL funding. ## **Comments** Despite a very tricky year contending with the partial closure of nursery in the midst of a global pandemic, the nursery has had a strong financial year and made a healthy profit. Nursery is now full to capcity, mainly due to 'word of mouth' recommendations. We continue to accept children who qualify for the 30 hour grant, which helps us financially, and are fortunate to have excellent and long-serving staff, who are rewarded appropriately and undertake regular training maintain their knowledge and skills. The next financial year will see us recruiting an additional member of staff to cope with higher numbers of children, and replace the staff member we lost before lockdown.. Ultimately we will strive to follow the aims of our Constitution by enhancing the development and education of the children in our care whilst fulfilling our financial responsibilites. Little Saints Nursery Approval Statement l approve these accounts which comprise the Income and ExpenditLsre Account and the related notes. l acknowledge my responsibility for the accounts, including the appropriatenes5 of the accounting basi5, and for providing all the information and explanations necessary for their compilation. Chair Treasurer Accounts Manager