## **Chairperson’s Annual report April 20-March 2021** 


The pandemic has had a big impact on the Pre School and the children. As per government instruction we were closed for April & May in 2020. This has obviously had a knock on effect on our income especially from privately funded children. 

Despite the pandemic the Pre School has had a very busy year. Numbers have been growing steadily and we now have a waiting list for children to join. 

Breakfast and afterschool clubs have remained popular but due to the pandemic we had to close these for the summer term. This has affected the income, which went from £8,000 per year to £2250 per year. As soon as we were able to re-open the club numbers have remained steady. 

The baby room still remains very popular and is running at capacity with a waiting list. This year due to the popularity of the baby room we decided to put plans into place to increase the floor space of the baby room to allow for additional babies to attend each session. 

The decision to close the Pre School for 2 weeks in the summer holidays and at Christmas has worked very well and we will continue to do this. It allows term time only and all year round staff to have a proper break to relax and recharge. 

Funded income from the local government was £78,012.44 this is up nearly £3,000 on last year. Private income was £47,849.22, which is down from £65,967.78 the previous year. This again was due to the pandemic and a lot of parents keeping their children at home whilst they had to work from home. 

The preschool was given £20,243.03 in Furlough payments to cover staff costs from the government and we were also awarded Grants to the value of £32,985.00. 

We have recruited further staff to support the growing business and they are all working incredibly hard. The children are showing 



effects from the COVID pandemic and the staff are having to give them extra support in a variety of areas. 

The plans for the future of the Pre School is to develop an area that can be a quiet space for children to go and learn, relax or have some one on one time with staff. We are also looking to source funding to buy our building to secure the future of the Pre School. 



## Nancledra Preschool 

## Profit and Loss 

## April 2020 - March 2021 

||TOTAL|
|---|---|
|Income||
|4002 Funded Preschool Sessions|78,012.44|
|4005 Uniform Sales|469.00|
|4012 Breakfast Club|812.00|
|4013 After School Club|1,438.50|
|4016 EYPP|1,002.76|
|4017 SEN Funding|3,474.00|
|4050 Furlough Payments|20,243.03|
|4051 Grant|32,985.00|
|4100 Fund raising|372.48|
|4102 Donations|2,080.40|
|4103 Nappies|-2.00|
|4105 All My Own Work|510.00|
|All private sessions||
|4000 Private 3-4 Year Old 3 Hour Session|1,147.50|
|4001 Private 3-4 Year Old Short Day Session|3,451.50|
|4003 Private 0-2 Years Baby Room per Hour|16,903.86|
|4006 Private 2 Year Old 3 Hour Session|3,247.01|
|4007 Private 2 Year Old Short Day Session|15,874.10|
|4008 Private 2 Year Old Lunch Session|66.93|
|4009 Private 2 Year old Extra Hour|2,670.69|
|4010 Private 3-4 Year Old Lunch Session|130.50|
|4011 Private 3-4 Year Old Extra Hour|4,357.13|
|**Total All private sessions**|**47,849.22**|
|Uncategorised Income|0.01|
|**Total Income**|**£189,246.84**|
|Cost of Sales||
|5000 Snack and Direct Cost|133.80|
|5001 EYPP Funding Expenditure|1,002.76|
|5003 Uniform|817.72|
|5004 Activities|949.18|
|5007 Learning Resources|421.97|
|5008 SEN Staff Hours|3,850.05|
|**Total Cost of Sales**|**£7,175.48**|
|GROSS PROFIT|**£182,071.36**|
|Expenses||
|29800 Depreciation expense|2,254.53|
|6900 Advertising|668.90|
|7000 Gross Wages|130,940.49|
|7002 General Staffing Costs|1,082.10|
|7003 SEN Staff Funding|-3,474.00|
|7004 Employers Liability Allowance - Gross|-4,000.00|
|7006 Recovered Statutory Maternity Pay and NIC Compensation|-10,260.28|
|7007 SEN Unfunded Staff Hours|-376.05|
|7009 EYPP funding towards staff|-283.36|
|7100 Rent|20,100.00|



Accrual Basis  Tuesday, 18 January 2022 01:04 pm GMT+00:00 

1/2 



## Nancledra Preschool 

## Profit and Loss 

## April 2020 - March 2021 

||TOTAL|
|---|---|
|7104 Electricity|2,801.10|
|7105 Premises insurance|864.36|
|7500 Postage|4.70|
|7501 Telephone|1,182.13|
|7502 Stationery|629.43|
|7601 Payroll/Accounting|767.55|
|7800 Maintenance & repairs|1,249.24|
|7802 Cleaning|816.01|
|7803 Toilet Rolls/ Wipes|410.93|
|7804 Equipment|1,146.63|
|7900 Bank interest paid|-3.60|
|7901 Bank charges|10.00|
|8201 Subscriptions|1,169.59|
|**Total Expenses**|**£147,700.40**|
|NET OPERATING INCOME|**£34,370.96**|
|NET INCOME|**£34,370.96**|



Accrual Basis  Tuesday, 18 January 2022 01:04 pm GMT+00:00 

2/2 



NANCLEDRA PRE-SCHOOL PLAYGROUP
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED
31 MARCH 2020
Alverton Accountsnts
Chartered Certified Accountants
Office Suite 5
Camelot Court
Alverton Street
Penzance
Cornwall
TR18 2QN
Tel: {01736) 360664
Email: kristin
alvertonaccountants.co.uk

NANCLEDRA PRE-SCHOOL PLAYGROUP
Independent Examiner's Report to the Trustses of Nancledra Pre-school
Playgroup.
I report on the accounts of the Trust for the year ended 31 March 2020, which is set
out in Appendix A.
Respective Responsiblllties of Trustees and Examlner
The charity's trustees are responsible for the preparation of the accounts. The
charity's trustees consider that an audit is not required for this year under section
144{2) of the Charities Act 2011 (the 2011 Act) and that an independent
examination is needed.
It is my responsibility to=
examine the a￿OuntS under section 145 of the 2011 Act
to follow the prO￿dureS laid down in the general Directions given by the
commission under section 145(5)(b) of the 2011 Act
to state whether particular matters have come to my attention
Basis of Independent Examiner's Report
My examination was carried out in accordan￿ with the general Directions given by
the Charity Commission. An examination includes a review of the accounting
records kept by the charity and a comparison of the accounts presented with those
records. It also includes consideration of any unusual items or disclosures in the
accounts, and seeking explanations from you as trustees concerning any such
matters. The procedures undertaken do not provide all the evidence that would be
required in an audit and consequently no opinion is given as to whether the
accounts present a 'true and fair view, and the report is limited to those matters set
out in the next statement.
Page1 of2-

NANCLEDRA PRE-SCHOOL PLAYGROUP
Independent Examiner's Statement
In connection with my examination. no matter has come to my attention:
which gives me reasonable cause to believe that in any material respect the
requirements..
to keep accounting records in accordance with section 130 of the 2011
Act and
to prepare accounts which accord with the accounting records and comply
with the accounting requirements of the 2011 Act
have not been met or
to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Name:
Relevant professional qualification or body:
KRISTIN CAROL SIMMONS
ACCA 1299292
Signature:
Date:
..3.0 i.gl.21:
-Page2of2-

Nancledra Preschool
Profit and Loss
April 2019 - March 2020
TOTAL
In¢orna
4002 Funded Preschool Sessions
4005 Uniform Salas
4012 Brèakfast Club
4013 After School Club
4014 Holiday C5ub Hours
4018 EYPP
4017 SEN Funding
4100 Fund rasing
4102 Donations
4103 Napti85
4105 All My Own Work
All privatè sèsslons
4000 Privat6 3-4 Year Old 3 Hour Session
4001 Private 3-4 Year Okl Short Day Session
4003 Privat8 0-2 Years Baby Room per Hour
4006 Private 2 Year Old 3 Hour Session
4007 Privata 2 Year Old Short Day Session
4008 Private 2 Year Old Lunch Sessh)n
4009 Prlvato 2 Year old Extra Hour
4010 Private 34 Year Okl Lunch Session
4011 Private 34 Year Oky Extra Hour
401 S Private 2 Year Old Full Day 10 Hours
75,735.15
537.50
2.171.50
5.607.26
4,841.35
1,265.64
1,588.32
1,034.46
100.00
2.00
639.42
865.50
2,382.50
30,027.43
4,241.05
6,622.07
230.76
9,568.25
171.00
11.186.22
693.00
65.967.78
£159N90.38
Cost ol Sa1•5
5000 Snack and Direct Cost
5001 EYPP Funding Expenditure
5002 SEN Expenses
5003 UnSform
5004 Activities
5006 Unfunded SEN Stalf Hours
Tow Cost of Sal8$
1,042.03
1,412.64
3,507.80
204.85
2,187.91
-995.80
£7,359A8
£162,130.95
GROSS PROFIT
Exp8nsès
29800 Depreciath"on expense
6900 Advèrtising
7000 Gross Wages
7001 Staff Training
7002 General Staffing Costs
7003 SEN Staff Funding
7004 Employors Liabilty Allowance- Gross
7006 Recovered Statutory Matemity Pay and NIC Cornpènsation
7100 Rent
7102 Water rates
2.058.19
60.64
131.427.98
718.03
387.94
-2,196.84
-3,000.00
-3,892.69
21.600.00
200.00
Accrual Basi8 WgYne8day, 30 Juntr 2021 10..42 am GMT+01.'00
1r

Nancledra Preschool
Profit and Loss
April 2019- March 2020
TOTAL
531.66
3,280.67
1,100.63
10.60
1,786.59
784.67
381.98
329.10
472.54
419.52
1.277.87
-10.95
2.071.51
£159,799.44
£-7,688.49
£.7088.49
7103 General rates
7104 EleclrKity
7105 Premises insurance
7500 Postage
7501 Telephong
7502 Stationery
7601 PayrolVAccounling
7800 Maintenance & repairs
7802 Cleaning
7803 Toilet Rollsl Wipes
7804 Equipment
7900 Bank interest paid
8201 Subscriptions
NETOPERATING INCOME
NET INCOME
ACC￿￿1 B8Sis W8dn¢5day. 30 Jun9 2021 10.'42 am GMT+01'.00

Nancledra Preschool
Balance Sheet
As of March 31. 2020
TOTAL
Flxed Asset
Tangible assets
52201 Play Equipment brought forward
52202 Play Equipment cost
52222 Play Equipment depraciation
$2401 Fixtures and fittings value brought foNard
52402 Fixtures and fittings cost
52422 Fiktur88 and frttings depreciation
52601 Cornpuler equipment value brought forward
52602 Compul8r 8qUiPtnsnt cost
52622 Compu18r equipment depieclatlon
Total TaThJlbk9 assots
Toial FL%od Asw
Cash at bank and in hand
1200 Bank account
1210 Saving Account
1220 Pockil Ltd
1230 P•tty Cash
1250 Gontra Bank A¢￿Unt
1260 Cash on hand
Toial Cash * bank and In haThJ
754.88
0.00
-301.96
7,509.32
568.79
-3,117.48
1,158.00
299.97
-523.19
È8048.$3
£6W.Sg
2.588.51
305.46
0.00
100.00
£3.[￿1.64
Debtors
1100 Trade debtors
Totsi Dgbtors
-2.087.39
£-2,OB7.39
Current Assets
2109 Accruals- 2109
2220 Nei Wages
Tot81 Current Assets
-470.75
0.00
£ 470.75
NETCURRENT ASSETS
2442AO
Creditors.. amounts falling within ono yoar
Trad8 Creditors
2100 Trad8 creditors
Total Trad8 Credftw5
609.51
£&J9.51
cul￿nt Liabilities
2210 PAYE
2300 NEST
Total Currant L￿￿11￿8$
-15.13
326.54
11.41
Tolal CrBdftor¥: an>Junts lalllng duo wlthln ong y8ar
NET CURRENT ASSETS ILIABILITIESI
TOTAL ASSETS LESS CURRENT LIABILITIES
E920.92
£ 478.42
£5,869.91
£5.869.91
TOTAL NET ASSETS ILIABILITIESI
Capital and R&seNe5
Retained Eainings
Profit for the year
Total and Fl•sorv•s
13.538.40
-7.668.49
£Sm.91
Accrual 8a$is We￿r￿day. 30 June 2(121 10..45 am GMT*O1".