2020-08-31-accounts - Stanton Drew And Pensford Pre-School Playgroup

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Stanton Drew & Pensford Preschool Annual Report: 1[st] September 2019 to 31[st] August 2020 Registered Charity Number: 1055041

The Aims of our Charity

Our charity aims to provide high quality and affordable education and childcare for local families and their children. We offer opportunities for high quality early learning, and lots of outdoor and forest school activities, to young children aged between 2 years and 5 years old. We have a strong focus on the needs of the individual and in supporting each child’s development. We are committed to being a fully inclusive setting. We prioritise the wellbeing of our staff.

Summary of Accounts for Financial Year Ended 31[st] August 2020

The accounts for this financial year show a slight surplus. Clearly this has been an exceptional year in terms of what the setting and the sector has gone through. It is helpful to have this additional financial buffer as we go into the current financial year. The EYE funding rate has remained the same in this financial year, as have fees for children.

We have sufficient Reserve Funds to cover any situation in which the preschool might have to close, with all outstanding liabilities covered by this Fund. The Reserve Fund is recalculated annually to ensure that there would be sufficient funds in place to cover costs, particularly to pay any staff redundancies owing. Our Reserve Funds are in a deposit account to earn interest for the benefit of the Charity.

In the summer, the preschool committee came to an agreement in conjunction with the setting leader to make her redundant. The setting leader no longer wished to work full time for the setting, and we were able to use funds accumulated over the years to allow her to take voluntary redundancy. We wish to thank her for her dedication, commitment and hard work for the setting over the past 15 years.

Our goals from last year

Bring woodwork into the setting, including applying for a grant to fund training for staff.

Due to the pandemic, it has not been possible for us to action this goal.

Revamp the garden area and fix the fence posts.

This goal was actioned over the summer break.

Look into the possibility of employing a fourth member of staff.

An advertisement for an additional staff member was placed but there were no applicants. This goal has now been preceded by the current situation whereby we have recruited a new setting leader who wishes to work full time.

Find new committee members to replace outgoing members.

The setting has been very successful in recruiting new committee members and they will be voted on at this October’s AGM. A new treasurer and secretary have been appointed and the current treasurer and secretary will step down at the AGM.

Continue to ensure the financial stability of the setting, to include fundraising and applying for grants.

The setting has managed to stay financially viable over the course of the current year.

Our goals for next year

With a new setting leader recruited, we will look to support her in implementing her vision for the future of the setting.
An important goal this year is to ensure that the setting remains sustainable, in light of the situation with Covid-19. This should be a top priority.
Find new committee members to replace outgoing members.
Continue to develop the setting via staff training, applying for grants and purchasing new resources.
Improve communication with the hall committee and come to agreement over a contract between ourselves and the hall.

Sue Cowley Chair of Preschool Committee October 2020

E4t25Ém (w i• I>M5 70 ¢¥T.41174 12W.710n tr2.4•1 c• tho) 21 ¢•k( ¢otyJ tla£• (31 yj O) Q7t• (011 t773J Ei•k • •1 trX#J ty)•) tiim itsfy) ¢i•y rA571 o• pm Qblf oj •) ry•J28 11140 th441 Ixijl tX•l ¢Yl•lT (m 11S1014 tW147 tlJ•37fl DID$4 tlm44J W452 (lJ7on t13))M tIx•41 ¢4XJX tt?1 tl.11Vf JJ Q)7X Diir• t1SJ LOOJ la21 t41711 rx•sr (oth) •Y r440W tyIJ4 2• fyi a £M¥¥ ¢149 TN• rxKiiJ i>&s¥J t114yo r21121 (o (WTJS t1.1517• tt4 13 £••1 tiJi•s3 (•J•u tlJ5114 tJ•J• tlJJT t13 rsz•i EIF44 .13 f410 SM I• V3• tT121 t3)4• fgJS14 tIJ¥ltsl iW•• f17P7• ÉIXJI tIA12W 1245ty) IVAIS £S&SQ ¢1fy17 £DfQ QJIT (•rfj rw42 12101$ r271YI 1•5m IJZI>1 IY114Q 12n14 ty2QJ E* Eoty) SS A5 A) tsj fm•S ranc• iity)

,TMTON DREW AND PENSFORD PRE4CHOOL LANCE SHEET F 3111M12020 31Mr2019 J110V1018 JIA)8r1017 31RJV2011 51IW2015 3110W2014 31AIW2013 31Kl8r2012 31AW2011 31101MJ10 31108r2009 Pety Cash £24.6(P328 £25,740.04 £24mS.43 Q2,815. £21.78020 £18.994.85 E18rn.76 £22.359.53 £18.559.10 frZ.488.62 £11204.35 £12.183.03 £o.o) £o.th) £o.(Mi £0. £o.(N) £2.33 £2.45 £0.39 £118.34 £317.35 £313.87 £31223 £305.33 £297 35 £39.94 £285.54 £269.72 £263.63 44,426.55 £251.(15 Total CWMI A8Ml• £24 926.61 £28 053.91 £25 117.e6 £22 920.72 £72 057.S5 £19 034.79 £16 954.63 £22 631.58 £18 825.18 £18 062.48 £1145S PA) £12 1.37 HMRC £14.85 £246.23 £o.oJ £o.fy) £70.49 £O.IfJ t173Jl £280.C•) É327A8 É243.62 £141.9) £699.01 24.18 £1.173.82 £7rx1.39 £1927 £40824 £148.22 £9).(M> . Q,620.76 £1.076.1XI £o.o) £3.8.04 £6.328.IXI £4.382.IXI £4.389. £4.63929 £4293.02 £3.386.94 £n3.18 £634.91 £0.00 £0.00 ujl O40rfkne £0. £o.c £o.Ix) £0. £0. £0. £o.c 163.4S Tot¥1 CuTh•nl Lh¥kns £4 603.W £6 898.41 £5 555 62 £5 264.32 £4 658 56 £4 771.76 £3 533 16 £956.47 £944 91 £2 948.24 £1319 62 £305.35 £20322 71 £19 155.50 £1956204 £17656.40 £17 39899 £14 3.03 £13421.47 5.11 £17880.27 £15 114.22 £10 138 18 £11 . &IF 1d Srt £19.155) £192.04 £17ffi56AO £17.398.99 £14263.03 E13.421.47 £21M75.11 £17.8N)27 £15.11422 E10.136.18 £11.9DO.02 £13.559.74 Net kncom• Ixy £1.16721 4W54 £1.584 £257.41 £3.135.95 1.57 48253 84 £3.794.84 E2.7e6.05 £4.978.04 .£1.859.84 .£1.3.72 To1 Rebrn• t20 322.71 £19 155. £19 562.04 £17 656 40 £17 398.99 £14 263.03 £13421.47 £21675.11 £17880.37 £15 114.22 £10 136.18 £11996.02 Irlz I

Ind•p•nd•nt •xamln•r's rnport to th• tru•tw• of STANTON DREWAND PENSFORD PRE4CHOOL I report the trustees on my examlnatlon of th• accounts 01 the Stanton Dr•w and P•n•ford Prh0o1 for tho year 31" August 2020. RMpoMlbllltl•• and b••l• ol r•wt As tho charlty trustees ol the Tfust you are responsltyle for Ihe preparallon of the accounts In accoNlance wilh the r•qulrernent8 the CharrtM Act 2011 <'the Acl,). I report In respect of my examlnatlon of tho Trusf8 accounts carned out undef 8aCtlon 145 of the 2011 Aet and In carrylng out my examlnation I have follow•d all applicablo Directions given by the Charlty Commission under 8ects.on 145(5)(b) of the A Indepondent •xamln•r'• statem•nt I have completed my eXaminatn. I conflmi that no matoflal matt•rn have come to my attants'on In connection with the •xamlnatbon giwng me cau88 to belleve that in any mat•rial mp8Ct. l. accounts'ng records vMr• not kept In r•spect tho Trust as requlrod by 58cdon 130 of the Att. or 2. the accounts do not accolrl with th038 recordg.. or 3. Ihe accounts do not comply wrth lh• applKable requlrements concamlng th• fomi jnd content ol accounts set out In the Charftie8 (A¢Unts and Report•) Regulatn$ 2008 other than any requirement that thè accounts give a 'true and falr vlew which18 nol a matt•r conjkhred as part of an Indynd•nl •xknilnatloTr, I hove uJnc•m8 and hav• com• acro88 no othgr mattern In connection lh• examinats'on to which attention Bh(k1 be drawn In th18 rnport In ordor to •nable a propor understanding of the accounts lo bo rnacw. Slgned.. Name. C O'M•ll•y Relevant professional quallficatlon or membershlp of profe81 bodloj (If any).. Addr888.' Th• LItU• Cott•g•. Stanton Drnw, Brl•tol, 8S39 4EW Dat•.. 13" May 2021