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2024-08-31-accounts

Charity No. 1048513

Walton Under 5’s Toddler and Pre-school Group

Annual Report 2023-2024

Charity Walton Under 5’s Toddler and Pre-School Group Correspondence c/o Kay Aldous 4 Badgers Green Road Walton, Street Somerset BA16 0PT Telephone 07701062154 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 Kay Aldous (Chairperson - as of October 2024) Carly Cox (Treasurer - as of October 2024) Tracy Bishop (Secretary) Kirsty Summers Megan Applegate Oliver Jones Sula 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 interests 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 day-to-day basis:

All our staff are qualified to NVQ3 level apart from one who is NVQ2 trained. The restructure has been a great success and the Pre-School runs smoothly and without incident.

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 also use NoodleNow online for staff and committee training.

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 £18,823 up to August 31[st] , 2024.

Please see the attached accounts 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. The Pre-School was awarded an ‘Outstanding’ rating.

The outcome of the OFSTED report set everyone involved up for continued success in this year, which we have felt through the optimism and dedication of our hard-working staff and committee volunteers.

The Pre-School is in the strongest financial position it has experienced in many years. Our fundraising efforts to-date have contributed to the planned investment in the renovation of the outdoor learning space during 2025, providing the children with a safe and engaging environment to enhance their development. We are all very proud of this achievement and thank our fantastic staff and volunteers for all of their hard work.

The Pre-School’s reputation has gone from strength to strength, putting us in high standing within the Community and ensuring we have new families joining us on a regular basis.

We look forward to continued success and further growth next year.

WALTON UNDER FIVES ANNUAL ACCOUNTS PROFIT & LOSS FOR THE YEAR ENDED 31 AUGUST 2024

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)
2023/24
2022/23
£
£
51799
54407
8084
11618
3018
2374
205
648
0
20
174
53
63,280
69,120
35845
50053
138
1750
0
855
192
339
0
135
149
109
37
4
96
146
0
177
0
0
40
47
205
0
145
479
50
50
763
432
4985
4804
0
318
894
862
771
775
147
143
44457
61478
18,823
7,642

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
31-Aug-24
£
840
50
38787
12828
399
-610
52,293
33470
18823
52,293
31-Aug-23
£
812
492
19306
12655
205
0
33,470
25,828
7,642
33,470
NOTES TO THE ACCOUNTS
1
FIXED ASSETS
Cost at 1 Sept 23
Additions
Depreciation at 1 Sept 23
Charge for period
Net Book Value as at 31 Aug 24
6,563
175
6,738
5,751
147
5,898
840

-! CHARITY COMMISSION I FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees WALTON UNDER FIVES On accounts for the year ended 31 AUGUST 2024 Charity no 1048513 (if any Set out on pages I report to the trustees on my examination of the accounts of the above charty { the Trust-) for the year ended 3110812024. Responsibilities and basis of report As the charity's trustees, you are resp)nsible for the preparation of the accounts in accordance wrth the requirements of the Charities Act 2011 (Yhe Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Acl and in carrying out my examination, I have followed all the applicable Directions given by the Charily Commission under sedion 145(51(b) of the Act. Independent I have completed my examination. I confimi that no material matters have examinerfs statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charrties Act.. or the accounls did not accord with the accounting records, or the accounts did not comply with the applicable requirements concerning the form and content of accounts set oul in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. 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: 1010212025 Name: KERRY BROUGHTON Relevant professional AAT LEVEL 4 DIPLOMA IN PROFESSIONAL ACCOUNTING qualificationls) or body I (if any): Address: MUNDY AND CO 1 VESTRY COURT, VESTRY ROAD STREET, SOMERSET, BA16 OHY IER Oct 2018

Section B Disclosure Only complete If the examiner needs to highlight material matters of con￿rn (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. IER Oct 2018