WESTTOWN PRESCHOOL Charity Commission Re8i5tered No: 1053421 ANNUAL REPORT AND ACCOUNTS For the period 1° August 2021 to 31° July 2022
West Town Pyeschool Playgroup Trustee Annual Report For the year ended 31° July 2022 The trustees present their report and Independently examined financial statements for the year ended 31" July 2022. Reference and PAlmlnlstratlve D•talls'. Registered Name: West Town Pre-sthool Playgroup Charlty No: 1053421 Operatlonal Address: West Town Prlmary Academy Midland Road West Town Peterborough PE3 6DD Trustees at date of Report: Chalr Person Vlce Chair Members Izabela Woznlak Geraldine Powell Julanta Ahmed Munawar Bi Fakhra Kousar Graiyna Gruchel lsmat Nawaz Bankers: Santander Bank Independent Examlner: Mark J Ruffles & Co 4 Baron Court Werrin8ton Peterborough PE4 7ZE Structure Governance and Mana8ement This is a membershlp organisation 8ovemed by the model Pre-school Learnlng AllIan Constttution 2011, whlch was adopted at the Annual General Meetlng held on 28th June 2021. Members can be parents or guardlans of all chlldren who attend playgroup or other interested individuals approved by the Committee. Committee members are appointed I confirmed at the Annual General Meeting. All Committee members give their time on a voluntary basis and r1Ve no remuneration or other benefits.
West Town Preschool Playgroup Trustee Annual Report For the year ended 31° Juty 2022 Objects and Acllvllles The aims of the Preschool are to enhance the dw4elopment and education of children primarlly under statutory school a8e by encouraging parents to understand and provide for the needs of their children through communitygroups and by: al offerlng approprfate play, education and care facllltles, famlly leamln8 and extended hours groups, together with the right of parents to tske responslbility for and to become involved In the artivities of such groups, ensuring that such 8roups offer opportunities for all children whatever thelr race, culture, religion, means or ability. bl encouraglng the study of the needs of the chlldren and thelr famllles and promoting publlc Interest In and recognltlon of such needs In the local aa$. cl Instlgatln8 and adherln8 to and furtherfng the aims and obJerts of the Pre-school Learnlng Alllance. Publlc benefft The trustees and staff carefully consider the Charity Commlssion's guldance on publlc beneflt when setting oblectlves and plannln8 actlvttles. All famllles within the local communty are encouraged to use our servlces. Fees are kept low so that our chlldcare remalns affordable to all. All chIldn are elSgible for Nursery Education Fundln& whlch is provlded by the Local Authorlty, the tem after thev become 3 years old. Achlev•ments and Performance We have a great relationshlp wlth the school, worklng very closety with the school Safe8uardln8 Offlcer, SENCO and reptIOn cla55 teachers. We have signed a formal lease whlch takes us to Julv 2024. We seem to have overcome the Issues caused by Covid-19 wlth hlgher numbers of chlldren enrollln8 in September 2021. and more thlklren joining the year. Changing to full day sesslons durin8 Covid-19 period has really benefrted the children. Full days have resulted in children settlin8 in easier and achleving more throughout the day, providing staff with greater opportunities to build close relatlonships with the children, whi15t teachlng and supportln8 thelr learning and development, and any additional needs. The year has been challengTng due to the increasing numbers of children with additional needs In both rooms. with some children unable to speak English. We have worked hard to support children who are having some learning or developmentsl delays. helping parents through the referral process when necessary.
West Town Preschool Playgroup Trustee Annual Report For the year ended 31" Juty 2022 Practitloner5 are completing ongolng tralnlng to improve their knowledge In supportin8 chlldren with diagnoses and other additional needs. They have also aC$sed other tralnin8 OPPOrtunitles to ensure they are up to date with requirements and have better knowledge and understandln8 of their role In supporting chlldren'5 learning. Each staff member 15 5UPPOrted by the management team to enhance thelr professional development. We use Yapestrf whlch provldes every thlld wlth a personal onllne leamlng journey, recordlng photos, obsep4ations and comments to build a record of their experleno at preschool. Tapestry also helps us to clearly see the children's development, and parents can partlclpate In the chlldren's learnln8 by sharlng comments, photos and Videos from horne. We are slowly startlng to re-lntroduce parenV Invol¥ement In prfrschool by encouraglng them to loln different sesslons, for example a 'Stay and PlaV session. We a hoping to start different artivities in the coming months. We contlnue to Yrk dosety wlth the receptlon dass teacher In school as thls really help5 the chlldren to settle when tr4nsltlonln8 Into reteptlon. Thls provides the opportunlty for both preschool and famllles of chlldren with additSonal needs to share InfonnatSon and concerns before the chlld starts school. In tum the school can better prepare theSr envlronrnent for thlldren to have a smoother transition. Rrf•rvrf pollcy Reserves art as a cushion for any loss of income and unforeseen 5ituatlons. Throughout the year the balances MaIned over the reserves level, currently set at £110,902. Reserves are calculated using the amounts needed to settle any redundanry payments in use of an unplanned closure, plus £IOO,000 has been set aslde to help towards the cost of new premlses If these are needed. Flnandal Revl•w The Trustees are required to prepare financi315tatements which 8lve a true and falr vlew of the financial position of the Charity. In preparing these financial statements the Trustees are requlred to make judgements and estimates that are reasonable and prudent. They are also sponsible for safe8uardin8 the assets of the Charty and taking reasonable steps for the prevention and detection of fraud and other Irregularftles. The Commtttee alm to apply all funds received to the charltable objects. Recelpts and Payments accounts track payrnents in out of the bank account and the are no adjustments made at year*nd. An analysls of income from NEF Funding and fees shows that there has been a 19% increase compared to the previous year. This follows on from a 12% reduttion the prevlous year but still doesn't rnatth the income levels before the pandemic.
West Town Preschool Playgroup Trustee Annual Report For the year ended 31" July 2022 Overall, income reduced by £3,111 when compared with the accounts for year ending 2021, when the furlough scheme and other Covid grants helped the preschool to sustsin income levels. Staffin8 Costs have risen by £21.599 over the year. The pschool cruIted a part-tlme member of staff in Aprll 2021 and the full cost of thls Is showing In thls yearfs accounts, but also there have been two pay InCaSe$. The first was in September 2021 following the customary pay review, and then there was another increase in April 2022 to adjust for the large InCaSe In National Llvlng Wage 16.6%). There has been a further inuease in hourly rates in September 2022. Spendlng on chSldren's resources and other equlpment for the settlng has rlsen In the past year but all other costs have remalned reasonably constant. The flnal closlng cash balance for the year was £245.032. Thls Report has been approved by the Trustees and has been slgned on their behalf by. 518nature: Full Name: Date:
WEST TOWN PRESCHOOL Registered Charity No: 1053421 RECEIPTS AND PAYmE1s FOR THE FINANaAL PERIOD ENDING 31STJULY 2022 UNREsTricfED FVNDS Year Ended TOTAL FUNDS Year Ended 3110712021 3110712022 CEIPTS NEF Funding Other Fundlng {Local Authority) Fees 163,949 9,914 14,502 147,294 33,058 2,781 Bank Interest 146 Other Income 734 Grants 9,306 Fund Ralslng and Donations 12 TOTAL RECEiprs 189,341 192.452 PAY Wages inc Inland Revenue payments Tralnlng Total Other Staff Costs 1126,3171 1551) 1179) 1104,7181 1272) Resources for Chlldren Resources for Settin8 Resources for Outside (4,9611 13,7021 1283) 11,1601 19801 14861 Food and Drlnk Consumables Premlse5 Fees and Subscriptlons Admlnistration Bank Charges Other Costs {769} 11,1701 112.3661 {7,620) (1,2671 (5161 11991 {5511 18641 {15,7521 {7,179) {6381 12421 Fundraising 1431 TOTAL PAYMEMrs {159.9431 1132.842 Net of Receipts/lPayments) 29,398 59,610 Balance blfwd 215,634 156,024 Balance c/fv•d 245,032 21S,634 P498 1
WEST TOWN PRESCHOOL Re8lStered Chartty No: 1053421 srATEMEKf OF ASSEfs AND UABILrriES AS AT 315TJULY 2022 UNRESTRicfED FUNDS AS AT 3110712022 TOTAL FUNDS ASAT 3110712021 H FUNDS S3ntander (Currentl Santander ISavln8sl Petty Cash Fees Float 174,4LK) 70,535 97 145,225 70,389 20 Total Cash Funds 245,032 215,634 OTHER ASS HMRC- PAYE Zig Za8- Photo Commlsslon 153 153 LIABILrriES Independent Examinatlon 105 105 105 105 l approve the Recelpts and Payments Accounts set out on pa8e l and above and confirm that all relevarst records and Information has been made avallable for their preparatlon. Si8ned on behalf of the Trustees: /.Z48.ELA Slgnature Name NOTE l. No trustees received renumeration or relmbursements in the period above.
Thls independent examiners report relates to the accounts of WEST TOWN PRESCHOOL Charity Commission Registered No: 1053421 Accounts are prepared for the period ended 31st July 2022 Res ectlve res nsibllltles of trustees and examiner The charlty'5 trustees are responsible for the preparation of the accounts. The charltys trustees consider that an audlt Is not required for thls perlod under section 144{2) of the Charities Art 2011 (the 2011 Act) and that an independent examination is needed. It is my responslblllty to: examine the accounts under Section 145 of the 2011 Act,. to follow the prOdureS laid down in the general Dlrertlons given by the Charlty Commlssion under sectlon 14515llbl of the 2011 Att; to State whether partlcular matters ha come to my attentlon. Basls of Inde dent examlnerfs An examination includes a revlew of the accounting records kept by the charty and a comparlson of the accounts presented wSth those records. It a150 Includes consideration of any unusual iterns or dlsclosures in the accounts, and seekSng explanatlons from you as trustees concernin8 any such matters. The procedures undertaken do not provlde all the evldence that would be required in an audit and consequently no opinion is given a5 to whether the accounts present a 'true and faSr vlew, and the report is Ilmlted to those matters set out in the ststement below. tem rfs In connection with my examlnatlon, no matter has come to my attentlon: {11 whlch 8ives me reasonable cause to believe that In any material respert the reqU1Ments. to keep accountlng records in accordance with section 130 of the 2011 Act; to prepare accounts which accord with the accounting records and comply wlth the accounting requlrements of the 2011 Act ha not been met; 12) to which, In my opinion, attention should be drawn in order to enable a proper understsndlng of the accounts to be reached. Signed Date Mark Ruffles & Co 4 Baron Court Werrin8ton Peterborou8h PE4 7ZE