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2023-08-31-accounts

Charity No. 1048513

Walton Under 5’s Toddler and Pre-school Group

Annual Report 2022-2023

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 Ben O’Sullivan (Chairperson)
Elizabeth Perry (Secretary)
Chloe Wellington (Treasurer)
Tracy Bishop
Rachel Ashman
Lucy Russell
Vicky CLifford-Jones

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.

In August 2023, the Committee decided to restructure the Pre-School staffing following the resignation of Cassie Needle, the Pre-School Manager. The Committee believed the restructure was in the best interest of the Pre-School from both operational and financial perspectives.

From the existing staff, the Committee assigned 4 roles to manage the Pre-School on a dayto-day basis:

All our staff are qualified to NVQ3 level apart from one who is NVQ2 trained.

In the event of emergencies or staff sickness, where the current staff are unable to cover, we use bank staff and parent volunteers. All staff 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 and meet the code of practice as set out by the Council.

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

The Pre-School made a profit of £7,641 up to August 31[st] , 2023.

Please see the attached report for full details.

Objectives and activities

To enhance the development and education of children primarily under the statutory school age

Achievements and performance

In March 2023, OFSTED conducted an inspection of the Pre-School, the first since July 2017 when it received a ‘Good’ rating. On behalf of the Committee and all the staff, I am thrilled to announce that the Pre-School was awarded an ‘Outstanding’ rating.

This achievement reflects the exceptional dedication and hard work of all our key stakeholders especially the staff. We are immensely proud of this outcome and grateful for

the continued support and commitment from everyone involved in running and supporting the Pre-School.

The outcome of the OFSTED report gave everyone involved a renewed sense of optimism and validated all the hard work that goes into running the Pre-School. It also enhanced the Pre-School's reputation, setting it up for continued success next year.

WALTON UNDER FIVES ANNUAL ACCOUNTS PROFIT & LOSS FOR THE YEAR ENDED 31 AUGUST 2023

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)
2022/23
2021/22
£
£
54407
36707
11618
13835
2374
1920
648
1500
20
0
53
2
69,120
53,964
50054
44915
1750
231
855
481
339
0
135
0
109
0
4
0
146
54
177
0
0
0
47
95
0
480
479
117
50
50
432
265
4804
4945
318
0
862
796
775
726
143
168
61479
53323
7,641
641

WALTON UNDER FIVES ANNUAL ACCOUNTS BALANCE SHEET AS AT 31 AUGUST 2023

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 2022
(Loss)/Profit for year
NOTES TO THE ACCOUNTS
1
FIXED ASSETS**
Cost at 1 Sept 22
Additions
Depreciation at 1 Sept 22
Charge for period
Net Book Value as at 31 Aug 23
31-Aug-23
£
812
492
19306
12655
205
0
33,469
25,828
7,641
33,469
6,563
-
6,563
5,608
143
5,751
812
31-Aug-22
£
955
550
12316
12602
202
-796
25,828
25,187
641
25,828

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of

Charity Name WALTON PRE-SCHOOL GROUP

On accounts for the year 31 AUGUST 2023 ended

Charity no 1048513 (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 2023 .

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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination 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 order to enable a proper understanding of the accounts to be reached.

Signed: Date: 01/04/2024 Name: RYAN MUNDY FIAB FMAAT Relevant professional qualification(s) or body ASSOCIATION OF ACCOUNTING TECHNICIANS (if any): Address: 1 VESTRY COURT, VESTRY ROAD STREET, SOMERSET BA16 0HY

October 2018

1

IER

Section B Disclosure

Only complete if the examiner needs to highlight 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 .

October 2018

2

IER