## **Trustees' Annual Report for the period**
Period start date Period end date **From 01 09 2023 To 31 08 2024**
## Section A Reference and administration details
**Charity name** Magic Moments Pre-School **Other names charity is known by** Magic Moments Playgroup **Registered charity number (if any)** 1059224 **Charity's principal address** 53 Mansfield Road Baldock Herts **Postcode SG7 6EE**
## **Names of the charity trustees who manage the charity**
**Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any)** 1 Yasmin Gates Chair From Sept 2023 2 Siobhan Early Secretary April 2019 - April 2024 3 Lucy St John Secretary From May 2024 4 Leanne Lamus Treasurer From January 2020 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year TAR** 1 November 2022 ~~—— <<~~
## **Names and addresses of advisers (Optional information)**
|**Type of adviser**|**Name**
**Address**|**Name**
**Address**|
|---|---|---|
||||
||||
||||
||||
|**Name of chief executive**|**or names of senior staff members (Optional information)**||
||||
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Constitution 2011 Type of governing document (eg. trust deed, constitution) How the charity is constituted (eg. trust, association, company) Appointed by parents of children attending Magic Moments Pre-School Trustee selection methods
(eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include A member of the committee must attend a Safeguarding course. additional information, where Training courses can be attended which are relevant to helping the relevant, about: Committee.
- policies and procedures Trustees that are stepping down from a role must give the new Trustees a
- adopted for the induction and handover period to show what is involved in their role.
- training of trustees;
- the charity’s organisational Magic Moments continues to work together with the Letchworth and structure and any wider Baldock Family Centre, health visitors, speech therapists, educational network with which the charity psychologists and inclusion workers to enable them to meet the children’s works; needs as necessary.
- relationship with any related parties;
The Pre-school has volunteers and work experience placements from the local college and schools.
- trustees’ consideration of major risks and the system Risks are managed through a comprehensive set of policies and and procedures to manage procedures which are regularly reviewed/updated by the management them. committee. All staff undertake continued training as required.
## **Section C Objectives and activities**
**Summary of the objects of the charity set out in its governing document**
Magic Moments Pre-School aims to provide a safe, friendly, inclusive and stimulating environment for children to achieve the outcomes set by the Early Years Foundation Stage.
**TAR**
2
November 2022
Provide early years’ education which supports children’s progress and development in all 7 areas of learning. Work with parents and carers to provide appropriate activities and resources which interest and stimulate their children. Implement a key person system which ensures that children’s progress and transition is fully met and the individual and unique needs of each child and family is respected.
Provide a safe and inclusive environment. **Summary of the main activities undertaken for the public** Provide a reflective environment where all adults contribute to the ongoing **benefit in relation to these** enhancement and improvement of practice – i.e. through supervision, **objects (include within this** training, evaluation, gathering views of parents and children. **section the statutory declaration that trustees have** Fundraising events to purchase new equipment and provide additional **had regard to the guidance** opportunities to enhance the children’s experience. **issued by the Charity Commission on public benefit)** The Trustees have taken the Charity Commission’s guidance on public benefit into account when making decisions on the running of the preschool.
## **Additional details of objectives and activities (Optional information)**
Courses: Early Years Level 3
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
**TAR**
3
November 2022
Section D Achievements and performance
**Summary of the main achievements of the charity during the year**
Magic Moments Pre-School continued to provide high quality, flexible care for 2 to 5 year olds. The nursery had 10 children attending in the Autumn term, 17 in the Spring term and 19 in the Summer term. Staff received another pay rise in April 2023; Non qualified 23+ £10.42 (minimum wage) Level 2 £10.50 - £10.60 Level 3 £10.70 - £10.80 Deputy / Senco £11.70 - £11.80 Manager £14-14.60/h There are now 5 staff members. A new chair person and secretary were recruited to the committee.
The nursery fees were increased in September 2023 to £7.50/h (£22 morning session, £18.75 afternoon session, £3.75 lunch).
As of September 2023 funding rates increased from £6.32 to £8.49 for 2yr olds. 3-4yr olds and 30h increased from £5.47 to £5.53. EYPP increased from 62p/h to 66p/h and DAF increased from £828 to £881 per year.
Rent increased in September 2023, and lost the free set-up and packaway time. However rent invoices were sent very late and will be in 20242025 expenditure.
New learning journal system was set up with a £94.80 monthly subscription and new tablets. This is more efficient for staff. The printer contract was terminated which was an equivalent cost. Had advertising push with new banner and leaflets to deliver Fundraising 2023-2024 was very limited.
**TAR**
November 2022
4
**Section E Financial review**
**Brief statement of the charity’s policy on reserves**
The Pre-School aims to hold reserve funds to cover one term’s expenditure.
## **Details of any funds materially in deficit**
## **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.
Total income during 2023-24 was £70,448. The main sources of income were from Grants (87%) and fees (7%). Fundraising amounted to less than 0.5%.
- Total expenditure during 2023-24 was £74,485. The majority was spent on Staff Salaries and HMRC (85%) and rent costs (10%). The remainder was spent on equipment, consumables, subscriptions and admin overheads associated with running the pre-school.
- Overall, the nursery suffered a loss of £4,037. The income was considerably lower than last year by nearly £20,000, probably due to the lower number of attending children. However, the expenditure was also approximately £20,000 lower than last year.
## **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)** Leanne Lamus
**Full name(s)** Leanne Lamus
**Position (eg Secretary, Chair,** Treasurer **etc)**
**Date** 01/12/24
**TAR**
November 2022
5
|**MAGIC MOMENTS PRE-SCHOOL**
**Charity Name**|**MAGIC MOMENTS PRE-SCHOOL**
**Charity Name**|**MAGIC MOMENTS PRE-SCHOOL**
**Charity Name**|||||||**1059224**
**No (if any)**|**1059224**
**No (if any)**||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Section A Receipts and payments**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**A1 Receipts**
01/09/2023
31/08/2024
**Receipts and payments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
ee ee ee ee|||||||||||||**Last year**
**to the nearest £**
**CC16a**|
|Fees
**5,109**||||**-**|**-**|**-**|**-**|**-**||**5,109**|**5,109**||**8,538**|
|Childcare vouchers||||**-**|**-**|**-**|**-**|**-**||**-**|**-**||**-**|
|Tax free childcare
**2,229**||||||||||**2,229**|**2,229**||**2,644**|
|2yr old Grant||**39,025**||**-**|**-**|**-**|**-**|**-**||**39,025**|**39,025**||**36,159**|
|3&4yr old Nursery Grant||**13,577**||**-**|**-**|**-**|**-**|**-**||**13,577**|**13,577**||**26,668**|
|Early Years Pupil Premium||**1,807**||**-**|**-**|**-**|**-**|**-**||**1,807**|**1,807**||**1,363**|
|30hr Extended Care||**675**||**-**|**-**|**-**|**-**|**-**||**675**|**675**||**4,969**|
|Exceptional Needs Funding||**2,789**||**-**|**-**|**-**|**-**|**-**||**2,789**|**2,789**||**886**|
|SEN||**4,501**||**-**|**-**|**-**|**-**|**-**||**4,501**|**4,501**||**6,634**|
|Savings Interest
**50**||||**-**|**-**|**-**|**-**|**-**||**50**|**50**||**60**|
|NHDC Grant/Herts CC Bursary||**200**||||||||**200**|**200**||**240**|
|Fundraising
**468**||||**-**|**-**|**-**|**-**|**-**||**468**|**468**||**188**|
|Remaining petty cash
**19**||||**-**|**-**|**-**|**-**|**-**||**19**|**19**|||
|**_Sub total_**_(Gross income for_
_AR)_**7,874**||**62,573.41**||**-**|**-**|**-**|**-**|**-**||**70,448**|**70,448**||**88,349**|
|**A2 Asset and investment sales,**
**(see table).**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total receipts_**
**7,874**
**62,573.41**
**-**
**70,448**
**88,349**
**A3 Payments**
———~~——~~||||||||||||||
|Salaries, Pension, SSP and HMRC
**10,547**||**52,751**||**-**|**-**|**-**|**-**|**-**||**63,298**|**63,298**||**82,181**|
|Rent||**7,584**||**-**|**-**|**-**|**-**|**-**||**7,584**|**7,584**||**9,294**|
|Petty Cash
**150**||||**-**|**-**|**-**|**-**|**-**||**150**|**150**||**400**|
|Equipment & Consummables
**336**||||**-**|**-**|**-**|**-**|**-**||**336**|**336**||**378**|
|Toys||||**-**|**-**|**-**|**-**|**-**||**-**|**-**||**24**|
|Outside Play Area||||**-**|**-**|**-**|**-**|**-**||**-**|**-**||**61**|
|Signing Babies/living eggs/enrichment||||**-**|**-**|**-**|**-**|**-**||**-**|**-**||**-**|
|Daytrips and Leaver's trip||||**-**|**-**|**-**|**-**|**-**||**-**|**-**||**-**|
|Printer/Photocopier
**273**||||**-**|**-**|**-**|**-**|**-**||**273**|**273**||**911**|
|Training||||**-**|**-**|**-**|**-**|**-**||**-**|**-**||**854**|
|Insurance, Ofsted Registration,
Subscriptions & CRB||**2,239**||**-**|**-**|**-**|**-**|**-**||**2,239**|**2,239**||**1,320**|
|Bank charges
**90**||||**-**|**-**|**-**|**-**|**-**||**90**|**90**||**84**|
|Accountant Fees||||**-**|**-**|**-**|**-**|**-**||**-**|**-**||**-**|
|Payroll Costs
**328**||||**-**|**-**|**-**|**-**|**-**||**328**|**328**||**566**|
|Phone & Postage
**103**||||**-**|**-**|**-**|**-**|**-**||**103**|**103**||**93**|
|Website, Prospectus and Marketing
**85**||||**-**|**-**|**-**|**-**|**-**||**85**|**85**||**29**|
|Staff / volunteers thank you||||**-**|**-**|**-**|**-**|**-**||**-**|**-**|||
|Donations||||**-**|**-**|**-**|**-**|**-**||**-**|**-**||**-**|
|||||**-**|**-**|**-**|**-**|**-**||**-**|**-**||**-**|
|**_Sub total_ 11,911**||**62,573.41**||**-**|**-**|**-**|**-**|**-**||**74,485**|**74,485**||**96,195**|
|**A4 Asset and investment**
**purchases, (see table)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total payments_**
**11,911**
**62,573.41**
**-**
**74,485**
**96,195**
**_Net of receipts/(payments)_**
**- 4,037**
**-**
**- - 4,037**
**- 7,846**
**A5 Transfers between funds**
**-**
**- -**
**-**
**-**
**A6 Cash funds last year end**
**21,670.00**
**-**
**21,670**
**29,516**
**_Cash funds this year end_**
**17,633**
**-**
**- 17,633**
**21,670**
————~~——~~
SSSS54||||||||||||||
|CCXX R1 accounts (SS)||1|||||||||||12/06/2025|
12/06/2025
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
Leanne Lamus
**Details**
**Details**
Lloyds Business Account
Lloyds Treasurers Account
Virgin Charity Deposit Account
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**17,629**
**4**
**-**
**-**
**-**
**17,633**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Leanne Lamus|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**|
|---|---|---|---|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
01/11/2024|
CCXX R2 accounts (SS)
12/06/2025
2
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name **members of** Magic Moments Pre-School **On accounts for the year** 31/08/2024 **Charity no** 1059224 **ended (if any) Set out on pages** 1 and 2 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 / 08 / 2024** .
**Responsibilities and** As the charity trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect,:
- the accounting records were not kept in accordance with section 130 of the Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
**Signed:** R Edwards **Date:** 25/04/2025 ~~PO |~~ **Name:** Rebecca Edwards ~~Ps~~ **Relevant professional qualification(s) or body (if any): Address:** 61 Hillcrest Baldock SG7 6NF
1
**October 2018**
**IER**
**Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here details of any items that the examiner wishes to disclose** .
2
**October 2018**
**IER**