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2023-07-31-accounts

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« Teddy Bear
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~ > Nursery

Committee AGM

8 November 2022 @ 7pm

Present:

Chairperson - Myra Coles

Nursery Team - Jenny, Patrea, Anthea, Becky, Kimmy, Lucy, Nikita

Parent Committee — Stacey Carpenter, Gemma Preater, Nicola Ostergaard

Apologies — Julia Evans, Samantha Woodland, Nicola Holcombe

The Chairperson opened the meeting and welcomed everyone. Patrea read the minutes from the last AGM and they were signed as a true record.

Matters Arising:

Jenny Had a lovely send off in July and everybody had a great time celebrating her 42 years in childcare.

SEN numbers continue to grow.

Leaders Report

In July we said goodbye to Jenny as manager of the nursery, she had a lovely day pf partying at nursery with a surprises party in the afternoon wih lots of faces from the past returning to share their well wishes.

We continue to have a high level of SEN in the nursery and we are working with the local authority to make sure we are accessing the support (both financially and holistically) and providing the care that is needed.the number

of children still awaiting paediatric assessment is still high and the local Health Authority are planning the recruitment of a new paediatrician, speech and language therapists and educational psychologist. In response to the increasing numbers, we will continue to employ 1:1 supports where needed.

Patrea thanks everyone for their support since she had taken over the management of the nursery and for everyone taking n the changes she had implemented over the summer holidays.

Myra has been suffering with some health issue lately and she feels now is the time to pass the chairperson role onto someone else once the CIO transition has been completed. We thank her for her hard work and commitment to nursery and we wish her well.

Julia has recently been diagnosed as partially sighted with her sight not expected to improve but to deteriorate so has also decided to hand over her committee space to someone new.

Becky left us in October to go to work at Fosseway to expand her knowledge and understand of SEN and we wish her well.

We are still awaiting an inspection from Ofsted as our last one was in 2017 but we feel we are all prepared for when they come.

Treasurers Report:

The books have been audited and a copy enclosed

Election of committee

It was agreed that with the changes ahead our committee would stay the same through the transition period

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||||| |---|---|---|---| |Role|Name|Proposed|?| |Chair|Myra Coles|Patrea|Anthea| |Secretary|Patrea Whittles|Nicky|Lucy| |Treasurer|Jenny Huyton|Kimmy|Nikita|

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It was agreed that G Long & Son would continue to prepare wages and D. Shearn will continue as our auditor

Committee Members

Mrs Ostergaard

Mrs Preater

Mrs Woodland

Mrs Carpenter

All forms have previously been completed by all committee members for the charities commission

Policies & Procedures

All policies and procedures have been reviewed and updated

Any Other Business

The transfer to CIO is still being handled by Sally at Dinky ones, hopefully this will move forward soon.

There being no other business the meeting was closed at 8.45pm

Date of next meeting to be advised

TEDDYBEAR NURSERY

INCOME & EXPENDITURE ACCOUNT YEAR ENDING 31 JULY 2023

INCOME EXPENDITURE
B&NES Council Grant 113,906.87 Wages, Income Tax, Pensions& N
Fees 19,963.91 Premises - Running Costs 6,098.31
Parish Council Grant - Consumables 4,951.11
DWP Resource Management - Equipment 6,216.55
Donations - Training 1,008.14
Administration/Stationery/Printing 2,975.85
Accountancy Fees 595.00
Insurance/PLA Membership B.012.77
Gifts 300.00
Seasonal Events 670.51
Uniforms 535.82
Music Lessons 1,045.84
~~ 133,870.78 ~129,103.29
Excess of Income
- Over Expenditure 4,767.49
£~133,870.78 £~133,870.78

TEDDY BEAR NURSERY

BALANCE SHEET - YEAR ENDING 31 JULY 2023

Accumulated balance broughtforward 1 August2022 18,706.74
Plus excess income for year 4,767.49
Accumulated balanceasat31 July2023 £ 23,474.23
Represented by :-
Bank of Scotland Account 23,339.23
Cash in hand 135.00
£23,474.23

TEDDY BEAR NURSERY

Year Ending 31 July 2023

There was a profit of £4767.49 this year which has turned around the trend for the past couple of years.

Costs of overheads have increased however, there has been an increase in the number of families accessing the 30 hour working family entitlement which has helped to counteract this slightly.

The next financial year may prove difficult if overheads continue to rise but nursery will need to make adjustments as they go to help minimise the impact.