**CYGNETS PRE-SCHOOL NURSERY**
## **ANNUAL FINANCE REPORT**
|**06 04 2022- 05 04 2023**
**GENERAL FUND**
INCOME
EXPENDITURE
PAYMENTS/RECEIPTS
**FUND RAISING**
INCOME
EXPENDITURE
PAYMENTS/RECEIPTS
OPENING BALANCE: GENERAL FUND
OPENING BALANCE: FUND RAISING
GENERAL FUND
DEFICIT
CREDIT/DEFICIT ON FUNDRAISING FUND
DEFICIT
CLOSING BALANCE ALL FUNDS
CASH HELD
CASH GENERAL
CASH FUNDRAISING
GENERAL FUND
BANK COMMUNITY ACCOUNT
BANK BUSINESS SAVER ACCOUNT
TOTAL
FUNDRAISING
BANK COMMUNITY ACCOUNT
BANK BUSINESS SAVER ACCOUNT
TOTAL FUNDS
2021/2022
**2022/2023**|**2022/2023**
111578.04
111578.04
114310.36
-2732.32
RECEIPTS/PAYMENTS
1435.77
2536.77
-1101.00
PAYMENTS/RECEIPTS
19142.93
2025.76
21168.69
-2732.32
CREDIT
-1101.00
DEFICIT
17335.37
100.00
50.00
150.00
15216.57
1094.04
16310.61
241.66
633.10
874.76
17335.37
2020/2021|**2021/2022**
102319.17|
|---|---|---|
|||102319.17
101363.41|
|||955.76|
|||368.30
719.99|
|||-351.69|
|||18187.17
2315.34|
|||20502.51|
|||955.76
-351.69|
|||21106.58|
|||100.00
100.00|
|||200.00|
|||17951.28
1091.65|
|||19042.93|
|||1294.03
631.73|
|||1925.76|
|||21168.69|
**CYGNETS PRE-SCHOOL NURSERY**
## **ANNUAL FINANCE REPORT**
|**06 04 2022- 05 04 2023**
**GENERAL FUND**
INCOME
EXPENDITURE
PAYMENTS/RECEIPTS
**FUND RAISING**
INCOME
EXPENDITURE
PAYMENTS/RECEIPTS
OPENING BALANCE: GENERAL FUND
OPENING BALANCE: FUND RAISING
GENERAL FUND
DEFICIT
CREDIT/DEFICIT ON FUNDRAISING FUND
DEFICIT
CLOSING BALANCE ALL FUNDS
CASH HELD
CASH GENERAL
CASH FUNDRAISING
GENERAL FUND
BANK COMMUNITY ACCOUNT
BANK BUSINESS SAVER ACCOUNT
TOTAL
FUNDRAISING
BANK COMMUNITY ACCOUNT
BANK BUSINESS SAVER ACCOUNT
TOTAL FUNDS
2021/2022
**2022/2023**|**2022/2023**
111578.04
111578.04
114310.36
-2732.32
RECEIPTS/PAYMENTS
1435.77
2536.77
-1101.00
PAYMENTS/RECEIPTS
19142.93
2025.76
21168.69
-2732.32
CREDIT
-1101.00
DEFICIT
17335.37
100.00
50.00
150.00
15216.57
1094.04
16310.61
241.66
633.10
874.76
17335.37
2020/2021|**2021/2022**
102319.17|
|---|---|---|
|||102319.17
101363.41|
|||955.76|
|||368.30
719.99|
|||-351.69|
|||18187.17
2315.34|
|||20502.51|
|||955.76
-351.69|
|||21106.58|
|||100.00
100.00|
|||200.00|
|||17951.28
1091.65|
|||19042.93|
|||1294.03
631.73|
|||1925.76|
|||21168.69|
**Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 06 April 2022 **To** 05 April 2023
## Section A Reference and administration details
**Charity name** Cygnets Pre-School Nursery **Other names charity is known by Registered charity number (if any)** 1055599 **Charity's principal address** Swanscombe & Greenhithe Town Council Community Hall, The Grove Swanscombe, Kent **Postcode DA10 0GA**
Cygnets Pre-School Nursery
**Names of the charity trustees who manage the charity**
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4
5
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7
8
9
10
11
12
13
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15|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|
||Jessamy O’Neill|Chairperson||Cygnets preschool nursery
Committee|
||Vikki Fairman|Secretary||Cygnets preschool nursery
Committee|
||Rianne Bloomfield|Treasurer||Cygnets preschool nursery
Committee|
||Sarah Chedzoy|||Cygnets preschool nursery
Committee|
||Amy Rothwell|||Cygnets preschool nursery
Committee|
||Milhaela Bender|||Cygnets preschool nursery
Committee|
||Carlie Boughen|||Cygnets preschool nursery
Committee|
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March **2012**
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## **Names and addresses of advisers (Optional information)**
**Type of adviser Name Address**
## **Name of chief executive or names of senior staff members (Optional information)**
Vikki Fairman – Nominated person - Ofsted
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
Preschool learning alliance constitution (2011)
- (eg. trust deed, constitution)
How the charity is constituted
Association
- (eg. trust, association, company)
Appointed by members of the Committee and stakeholders of the PreTrustee selection methods school (Parents/Carers)
(eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## . **Operational**
- Thank you to our continuing and new trustees, whom without the preschool would not be able to operate; it is and continues to be a challenge recruiting members from the preschools community who are either willing or able to support the charity in this way.
- Our current setting manager is leaving at the end of the academic year (July 2023) to take up a position at a primary school, The current deputy manager who is also the finance manager and designated safeguarding lead will take on the role of setting manager from September 2023.A new member of staff wi8ll be joining us in September 2023 they will take up the role of keyperson and special educational needs coordinator.
## **Financial**
- Continuing challenges to the settings financial viability,
- Early years funding from the government continues to be inadequate and does not cover the true costs of offering free early education, despite campaigning by groups such as the early learning alliance it does not appear that the government intend to address this for the foreseeable future.
- It is evident that families entitled to claim free early education for two year old (FF2) are not coming forward to take up places at the setting or in the locality; this is one of the reasons why numbers of children attending the setting at the start of the academic year (September) continue to be low.
- The terms and conditions of free early education for three and four year olds states that 15 hours of free universal funding must be
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March **2012**
2
available for children at the start of the term after their third birthday, this means that unfunded/unpaid sessions for younger children attending less than fifteen hours per week cannot be offered to others until parents declare how many funded sessions they require for their child.
- The number of children attending lunch club has risen due to the number of children accessing 30 hours of free early education. .
- Snack bar - contributions are still extremely low with a large number of Parents being either unable/unwilling to contribute financially or by providing a snack for their child themselves, this could impact on fundraising for other resources/activities in the future.
## **Section C Objectives and activities**
The aims of the Pre-school are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by offering appropriate play, education and care facilities, family learning , together with the right of parents to take **Summary of the objects of the** responsibility for and to become involved in the activities of the group, **charity set out in its** ensuring that the group offer opportunities for all children whatever their **governing document** race, culture, religion, means or ability; encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas; (c) instigating and adhering to and furthering the aims and objects of the Pre-school Learning Alliance.
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**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
Cygnets preschool nursery welcomes children and families from both the local and surrounding community, Cygnets preschool nursery values diversity and inclusion and has an equal opportunities policy. Our objective is to provide opportunities for children to learn and develop the appropriate skills needed so that they are ready to make a successful transition to primary school at age four. we recognise the importance of working in partnership with parents and carers to support their child’s learning and development, we also work with outside agencies including children’s social work services, early help, specialist teachers, paediatricians and speech and language therapists to support parents and carers and children’s unique needs. We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.
## **Additional details of objectives and activities (Optional information)**
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
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Section D Achievements and erformance p
## **Summary of the main achievements of the charity during the year**
- The staff and committee rose to the many challenges that the year posed, so that the setting continues to offer high levels of early years care and education to the children of our community
- Ofsted inspected the provision in June and once again we received a judgement of Good..
- The setting was proud to see the successful transition of most of our morning group and some of our afternoon group to primary school in July and to welcome a group of new children to the setting in September and throughout the year.
- Our morning group of three and four year olds enjoyed an outing to explore the Bluewater nature trail, the children enjoyed the ride on the double decker coach, the short journey meant we had more time to explore and also enjoy the play area and refreshing drinks and lollies before returning to the setting.
- Raffles, and photographic sessions were held during the year the funds from which were used to purchase resources for Christmas and other special occasions including presents for our children who transitioned to primary school at the end of July.
- Our usual Father Christmas was unable to visit this year, we greatly thank the gentleman who stepped into his shoes to help ensure the children had a wonderful time at the Christmas parties.
- A big thank you to the ASDA foundation for their award of three hundred pounds (£300.00)
- Our peddle & push was once again our most successful fundraising activity raising five hundred and eighty seven pounds (£587.00), the children competed to see who could do the most laps and were proud when they each were awarded their certificate
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## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
Only such reserves as required to meet the charity’s aims & objectives, fulfil any financial or legal responsibilities are held.
**Details of any funds materially in deficit**
N/a
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date**
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