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2022-08-31-accounts

Charity No. 1048513

Walton Under 5’s Toddler and Pre-school Group

Annual Report

Charity Walton Under 5’s Toddler and Pre-School Group
Correspondence c/o Ben O’Sullivan
Asney Cottage
Asney Road
Walton
Somerset
BA16 9RL
Telephone 07880033062
Governing Document PLA Constitution 2011 (adopted October 2020)
Objectives TO ENHANCE THE DEVELOPMENT AND EDUCATION OF
CHILDREN PRIMARILY UNDER THE STATUTORY SCHOOL AGE
Area of Benefit Providing education for a rural location and surrounding area
Area of Operation Charity operates in locations in England and Wales
SOMERSET – MENDIP – WALTON
Registration History 08 August 1995 Registered

Classification

What Education/Training Who Children/Young People

Committee/Trustees Matt Hardware (Chairperson)

Lian Hardware (Secretary)

Claire Wilkie (Treasurer)

Katie Anderson

Tracy Bishop

Laura Child

Rachel Ashman

Verity Dykes Rachel Ashman Naomi Johnson

The Chairperson of the Walton under Fives Toddler and Pre-School Group presents the following report on behalf of the committee.

Structure Governance and Management

We adopt the Pre-School Learning Alliance Constitution 2011. (Updated at our AGM in October 2020)

The Pre-school is committee/trustee led. The Trustee appointments are reviewed annually at the AGM. Committee members/trustees are past and present parents of children who attend the Pre-school.

The committee appoint a Pre-School Manager, Deputy Manager and 3 early years’ practitioners who staff the day to day running of the pre-school. All our staff our qualified

to NVQ3 level apart from one who is NVQ2 trained. One of our committee members, who possess a NVQ3 is down as bank staff to help us in emergencies and with staff sickness. Additional parent volunteers can be asked to help; all staff, students and volunteers are DBS checked.

Training for the committee/trustee members is provided by Somerset County Council and other outside agencies e.g. Fire Service and British Red Cross. We are inspected by Ofsted every four years and meet the code of practice as set out by the Council. Our most recent inspection by Ofsted was in 2017, so we are due an inspection. In our previous inspection we received a ‘Good’ rating, getting an ‘Outstanding’ in Personal Development, Behaviour and Welfare, which we are extremely pleased with. We are working hard to maintain this standard and build upon it.

The Pre-School is situated in Walton Village Hall; this helps to keep us at the centre of the community. We extend our thanks to the Walton Village Hall Trust for their continued support of the Pre-School. Risk assessments of the building and activities fall in line with our Ofsted requirements.

Financial Report

See attached sheet

The Pre-School made a small profit of £641 up to August 31[st] , 2022. This was an excellent achievement in the post Covid environment and gave us a great foundation to build from. The big contributors to this were the pre-school fees and lunch fees that raised £4,730 above the budget and the fundraisers that raised £1420 above the budget.

Objectives and activities

Previously stated

Achievements and performance

In June 2022, we launched a breakfast club that is still running today. This was started after we did some research with parents and discovered it was a service they’d like to see. The breakfast club has helped gain some additional revenue while also assisting those parent’s needing childcare from 8am. The breakfast club is also available to children of the neighbouring Primary School, a member of the pre-shool walks the children to school when the schools opens.

As this shows we continue to have a strong relationship with Walton Primary and this was further demonstrated in July 2022 when Mrs Hughes who is the Reception teacher came to the Pre-School to meet some of the children that were moving into her class and read them a story.

The Pre-School continues to have a strong link with the community shown when local resident Sharon Milner and friend to many at the Pre-School donated £766 that she raised at the community Queen’s Jubilee event in June 2022.

Finally, and as briefly mentioned in the financials section, The fundraisers have been a real success. Of note, the tabletop sale which made a £332 profit despite it being a very hot day and the fancy dress disco that made a profit of £123. In addition to these, the pre-school children made an incredible £294 for a sponsored bounce event.

With a solid foundation and un-wavering commitment and support from the staff, committee and parents we are confident of continued success and growth for the PreSchool moving forward.

WALTON UNDER FIVES ANNUAL ACCOUNTS PROFIT & LOSS FOR THE YEAR ENDED 31 AUGUST 2022

INCOME
Local Authority Funding
Pre-School Fees/Lunches
Raffle & fundraising Income
Grants/Donations
Other
Bank Interest
EXPENSES
Salaries
Consumables
Training & Travel
Food & Drink
Sweatshirts/T Shirts/ Bags
Hygiene
Postage
Stationery & Printing Ink
Advertising
Telephone
Misc
Items funded by grant
Fundraising Expenses
Offsted Registration Fee
Membership/Website Fees
Rent
Maintenance
Insurance
Book keeping & Accountancy
Fixtures & fittings
NET PROFIT/(LOSS)
2021/22
2020/21
£
£
36707
37573
13835
11914
1920
159
1500
470
0
20
2
3
53,964
50,139
44915
43483
231
144
481
779
0
90
0
0
0
0
0
54
103
0
0
95
353
480
470
117
50
50
265
387
4945
4777
0
17
796
693
726
751
168
201
53323
52298
641
(2,159)

WALTON UNDER FIVES ANNUAL ACCOUNTS BALANCE SHEET AS AT 31 AUGUST 2022

Note
Fixed assets
1*
Current assets
Debtors
Bank: current account
Bank: bonus account
Petty Cash
Current liabilities
Creditors and accruals
Net Assets
P&L Account Reserve
B/Fwd as at 1 Sept 2021
(Loss)/Profit for year
NOTES TO THE ACCOUNTS
1
FIXED ASSETS**
Cost at 1 Sept 21
Additions
Depreciation at 1 Sept 21
Charge for period
Net Book Value as at 31 Aug 22
31-Aug-22
£
955
550
12316
12602
202
-796
25,828
25,187
641
25,828
6,563
-
6,563
5,440
168
5,608
955
31-Aug-21
£
1123
129
11335
12600
0
0
25,187
27,346
(2,159)
25,187

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name WALTON PRE-SCHOOL GROUP members of On accounts for the year 31 AUGUST 2022 ended Set out on pages

On accounts for the year Charity no 31 AUGUST 2022 1048513 ended (if any) Set out on pages (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended DD / MM / YYYY 31 08 2022. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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 [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 01/02/2023 Name: RYAN MUNDY FIAB FMAAT

Relevant professional ASSOCIATION OF ACCOUNTING TECHNICIANS qualification(s) or body

Oct 2018

1

IER

(if any):

Address: 1 VESTRY COURT, VESTRY ROAD STREET, SOMERSET BA16 0HY

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

2

IER