U lands Pre-school ort from Treasurer 2024 to be read in con nction with accounts The group has had a successful year financially. The Treasurer is keeping a close eye on the finances especially with regards to running with fewer children in September (so we can increase theTr sessions in January) aiid because of the current fInancial situation in childcare. The accounts have been audited by Sliamn Peacock and all books are up to date and correct. In addition the b(x)ks have been reviewed by an independent examiner for the Charities Cornmission, Adam Sandford. The group is operating offering 15 hours free childcare for 34 year old and 30 hours free childcare for eligible working parents (group i5 paid at an hourly rate of £4.95 from September for 3 and 4 year olds and £7.61 from September for 2 year olds). The group is also receiving additional funding for child using the disadvantage formula for some postcode areas. A few of our children are also entitled to Early Years Pupil Premiuin which is used to directly support the individual child. Meetings have been held between key persons and parents to decide Iiow to spend the money using children's interests and areas identifjed on trackers as needing support. Disadvantage forinula has been spent wisely on resources to enhance the woods and providing more small world play or to enhance staff ratios for children needing additional support. All funding h&8 been completed successfully. From January those who wanted to extend childcare hours due to reaching their funding period or claiming 30 hours were able to increase their session5. Group is r¢gistered for 40 cliildren so decided as a group . usiiig the back room without payment as centre not being used by other groups. to take more children and split the group. The group have decided that from September 2024 we will not have as many chIldn so it will not be necessary to split Ihe group. The group will fill up sessions in January for sustainability" therefore there will be no additional sessioiis available in April. Fees for those children who are not yet entitled to government funding are £17, being increased to £18 from September 2024, a session, lunch club is currently £6 increasing to £7 in September and breakfasts are CuentlY £4 increasing to £5 in September. In addition parents of funded children are charged £1 per session to cover the costs of consumables (invoice issued). This charge is to cover the Costs of craft materials, frui( nappies etc. Some parents have chosen not to pay and prefer to bring in their own craft materials. Most settings have brouglit these cliarges iii and they are now mentioned at the bottom of the Funding Fonns. Most parents have been prompt in paying fees but appropriate letters have been sent if they got behind with payments. Our invoices show Clearly funded aiid non- funded hours and these go out each terni with two payment dates and details so that payments can be paid directly into the Pre-school's bank account. Book Bags and T-shirts are being paid for, Book Bags £6, T-shirts £6 and Fleeces £15, and these may rise in Septetnber due to increased costs from Screenprint. Breakfast and Lunch Clubs continue to be very successful. Children starting last September required extra sessions from January and April luckily we were able to keep sessions back. We are now full to maximum to get as much money behind us for September so that we can keep sessions free to follow the same pattern next year. This will be dependent on the impact of the cost of living on bil Is etc. Th¢ Community Centre charge £12.50 per hour to be reviewed in January 2025. We are not paying what other hall members ar¢ but the situation will be monitored depending on the utility bills coming in. If the Manag¢meiit Committee for the hall struggle wxth finances long terni it would mean closure. Staff sick pay has been changed. Staff will only be paid for 3 sick days per full terni. Minimum pay has been increased from £10.42 per hour to £1 1.44 per hour tn April this, along with other price increases, has resulted in a real strain on the Pre-school finances. Paying for 14 weeks holiday may not be possible moving forward. stsff are only entitled to 5.6 weeks by law. Payments have been made in respect of annual fees to the Pre-school t£arning Alliance and Ofsted, and the insurance premium has been paid to Sterlin& cover having been increased to reflect additional hours opernting for breakfast and lunch clubs. PAT testing has been completed and invoice paid. Sponsored walk or any other fund rdising has been done since last AGM.
Sheet1 UPLANDS PRE-SCHOOL ACCOUNTS 1 APRIL 2023 TO 1MAR 2024 B81ance blf 29,885.23 INCOME InmelFee5 26415.eJ) FuTrJir 148516.48 T ShirtslFeCe Paty Funds Walk 150.(K) 75.00 205,610.31 XPENDIT Staff Wages ScreenslResources 137328.41 1447.83 Mealslparti¢$ et ToYBOOkS etc Hall Hlre 2403.tr2 2(KXI.70 14387. Renewolslmembershlp Insurance 416.16 516.18 Postage ststntry Bank Charges Electric 103.77 2969.18 473.87 M8intenancelEquipment Phong Rental 2262.81 423.79 Audit Nest PenSn 6257.95 Pal Tesliro Courses 76.44 279.1 Water .19 Suffolk CC Maintenatxe 2091.78 173,668.98 Page 1
Sheet1 Balance olfv 31941.33 Bank Statement as at 31 March 2024 Less unpr¢senled cash 34.619.82 £382.57 £302.48 £188.80 £240.15 £305.92 £348.65 £250.79 £324.05 £34.00 £114.08 £1 2,681.49 Plu5 unpresented $h £3.00 31,941.33 Page 2
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examinerfs Report Report to the trustees Uplands Pre- School On accounts for the year ended 31.03.2024 Charity no lif any) 1046072 Set out on pages I report to the trustees on my examination of the accounts of the above charity (Ihe Trust.) for the year ended Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent In connection to my examination, no material matters have come to my examiner's statement attention which gives me cause to believe that in, any material respect: accounting records We not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records I have completed this Independent Examination and have no concems in respect to any material matters in connection with the Directions of the Charity Commission. I have identffied no matters that require drawing your attention. Signed: Date: 02.01.2025 Name: Mr A H Sandford Relevant professional qualification(s) or body (if any): NIA Address= 63 Ship Road Pakefield NR33 7DP IER Oct 2018
Section B Disclosure Only complete if the examiner needs to highlight material matters of conrn (see CC32, Independent examination of charity accounts: directions and guidan for examiners). Give here brief details of any items that the examiner wishes to disclose. NIA IER Oct 2018