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2021-08-31-accounts

Trustees’ Annual Report for the period 1 September 2020 – 31 August 2021 Charity Name: Emmanuel Pre School

Registered Charity Number: 1062030

Charity’s Principle Address:

Emmanuel Pre School, Emmanuel Church Hall, Hawkswood Road, Hailsham, East Sussex, BN27 1UG

Names of the Charity Trustees:

----- Start of picture text -----
Trustee Name Office (if any) Dates acted if not for
whole year
Clare Jones Chairperson
Annaliese Davies
Cheri Maskell Treasurer from 09/05/22
Sam Durie Secretary from 09/05/22 Joined 03/02/22
Chloe Irvine Joined 17/04/22
Stephanie Radley Joined 18/04/22
Liam Dyson Joined 10/05/22
Jo Willis Was Treasurer - resigned 09/05/22
Emma Watts Was Secretary – resigned 09/05/22
Helen Knight Resigned 16/09/21
----- End of picture text -----

Type of Governing Document: Emmanuel Pre School was established by constitution and currently operates the Pre School Learning Alliance constitution 2008.

How the charity is constituted: Unincorporated Association

Trustee Selection Methods: Our trustees put themselves forward to act as part of our committee; if more than one person wants to take on an officer role then an election is held to appoint the role.

Our trustees are subject to approval by Ofsted and an enhanced DBS.

Training on safeguarding and child protection is provided for all trustees.

Charities Organisational Structure:

Emmanuel Pre School is registered with Ofsted to provide childcare for 2 – 5-year-olds. Our Trustees have always been referred to as committee members and Trustee is not a term that is actively used within the preschool. The preschool committee is known by Ofsted as the Registered Person. The committee oversees the management of the preschool and are responsible for the financial stability of the charity.

The pre school is run by our team of excellent staff who handle the day to day running. We have a manager and deputy manager who oversee the staff team.

Main Objects of the Charity:

As a member of Emmanuel Preschool, your child:

Emmanuel Preschool exceed Ofsted’s ratio of adults to children in the setting. This helps us to:

Summary of main activities undertaken to public benefit:

Emmanuel Preschool has been operating for nearly 30 years providing excellent, affordable and accessible early years education. The preschool committee (trustees) ensure that each year the income that the preschool receives is only spent in a way that specifically benefits the children and families that attend the setting. We are committed to ensuring that all our children’s individual needs are met during each session they attend.

This is mainly achieved by the high number of staff we have working each day. We are aware that our approach to staffing means our children can flourish and our parents are comfortable leaving their children in our care.

Our finances are tightly monitored, and money carefully spent to ensure our ongoing financial viability.

The Trustees have prepared this report having taken into account and complied with their duty to ensure that all the pre school activities are for the public benefit as set out in section 4 of the 2006 Act. They have also shown due regard for the guidance published by the Charity Commission 2013.

Summary of main achievements of the charity during the year:

Pre School Reserves Policy

At the 31[st] of August 2021 we have money in the Reserves account of some £6,766 in addition to an operational amount of some £26,857 and a Fundraising surplus of £2807. At this point some of the reserves had been moved to the current account to ensure cashflow. This was moved back to the Reserve account in November 2021.

We try each year to put as much money as possible into our Reserve fund. If there is any surplus at the year-end we aim to move any excess into our Reserve account.

We previously saw our reserves as being able to sustain the Preschool for two months. At present we would be able to support the Preschool for 3 months.

The Operational reserves currently include some of the COVID Grant we received from Wealden District Council. This will help support the Preschool in to 2021/22 which is again going to be a challenging year.

Principle Sources of Funding

Our main source of income is the 2-, 3- & 4-year-old funding we receive from ESCC. We also receive fees from our parents who pay for their 2-year-olds and any hours in addition to their 15 hours of funding from ESCC.

We normally run a number of fundraising events each year to support the Preschool income. These include a Christmas fair, Race Night, trike trundle and cake sales. We are hoping to resume these activities once the effects of Covid have subsided.

During the year we received restricted income for our EYPP. All monies received were spent on either resources, fees or staff 1:1 wages.

In 2021 we received CJRS funding from HMRC for our furloughed staff.

How our expenditure supports our key objectives

The majority of our expenditure goes on staff expenses. We are committed as a Preschool to offer the best support and learning opportunities for our children. By providing a high staff ratio to the number of children we have in pre school each day we are able to give the children the best opportunities in their early years’ education. We ensure that our children’s individual needs are mett to give them the best start to their time at school.

Other than rent and minor overheads, we spend our income on resources and equipment for our children.

The trustees declare that they have approved the trustees report

above: Signed on behalf of the Charity’s Trustees

Signatures : L Dyson

Position: Committee Member Date : 08/06/22

Emmanuel Pre School Income & Expenditure Account for the Year Ended 31st August 2021

Charity Reg. No. 1062030

Prepared by M I Spencer Ltd 70 Victoria Road Polegate East Sussex BN26 6BU

Emmanuel Pre School

Income & Expenditure Account

Year Ended Year Ended 31st August 2021 31st August 2020

School Fund
Income
Fees ESCC
Fees Parents
Sundry Income
Grant & CJRS
Insurance Compensation
E'ers NIC Allowance
Fundraising Income
FR - Children's Uniform
Interest Received
Less Expenditure
Activity Equipment & Materials
1586.66
Snacks
577.53
Fundraising Costs
102.10
Uniform - Child F/R
0.00
Gifts for children
244.00
Wages
96836.39
Pensions
1042.82
SMP reclaim
-4417.73
Uniform - Staff
176.33
Training Costs
350.00
Advertising
0.00
Subscriptions
316.91
Cleaning Materials
332.05
Garden
13.47
Internet & Phone
1252.38
Printing, postage & stationary
1215.82
Professional Fees
393.00
Rent
10198.03
Flowers for Volunteers/Staff
279.95
Waste removal
1169.86
Accountancy & Bookkeeping
3114.50
Insurance
1101.65
Repairs & renewals
145.00
Sundry Expenses
198.60
Bad Debt W/Off
165.00
Net Deficit/Surplus in Year
To Reserves
76395.79
25719.01
1845.27
4596.21
0.00
3193.32
1239.49
365.90
0.83
113355.82
116394.32
-3038.50
-3038.50
87124.80
12313.75
1581.81
17904.40
2000.00
0.00
1051.23
0.00
17.46
121993.45
1224.86
523.62
220.61
81.50
300.00
93024.70
938.57
-1757.29
0.00
0.00
197.58
273.98
282.90
50.42
1037.22
890.42
1983.00
7275.55
95.00
635.49
1364.40
938.82
176.75
109.45
52.60
109920.15
£
12073.30
12073.30
87124.80
12313.75
1581.81
17904.40
2000.00
0.00
1051.23
0.00
17.46
87124.80
12313.75
1581.81
17904.40
2000.00
0.00
1051.23
0.00
17.46
12073.30
12073.30

N.B. Included within the above are expenses reimbursed to Trustees during the year: - Clare Jones £611.51

Note - Restricted Funds (included within above)

EYPP Funds
Income
Expenditure
Fees
Training Costs
Staff Costs
Activity Equipment & Materials
Net Surplus/Deficit in Year
4833.60
901.20
0.00
300.96
3631.44
4833.60
0.00
4229.40
1461.12
380.02
0.00
2388.26
4229.40
0.00

Emmanuel Pre School

Balance Sheet

Sources Of Funds
General Fund
Surplus B/Fwd
Surplus/(Deficit) in Year
Represented by:
Current Assets
Bank Account - Current (Unrestricted)
Bank Account - Current (Restricted)
Cash Acc (Unrestricted)
Cash Acc - Fees
Cash Float Fete
Bank Account - Fundraising
Bank Account - Reserves
Stock & work in Progress
Debtors (Fees owed less payts in advance)
Sundry Debtors & Prepayments
deduct
Current Liabilities
Sundry Creditors & Accruals
Pension
34689.44
-3038.50
31650.94
26857.00
0.00
0.00
37.50
180.00
2807.68
6766.62
1404.45
-228.50
1066.38
38891.13
6985.17
255.02
7240.19
31650.94
As at
31st August 2021
22616.14
12073.30
34689.44
24495.77
0.00
1.07
22.58
180.00
1140.55
6765.93
400.00
0.00
2918.19
35924.09
1234.65
0.00
1234.65
34689.44
31st August 2020
As at

We hereby approve the accounts of Emmanuel Pre School for the year ended 31st August 2021, and confirm we have made available all relevant books, records and information necessary for their preparation.

C Maskell Trustee
L Dyson Trustee
07/06/2022 Dated

Notes to The Financial Statements (Income & Expenditure Account)

Basis of preparing the financial statements (Income & Expenditure Account)

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities; Statement of Recommended Practice applicable to charities preparing the accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) [effective January 2015]. The financial statements have been prepared under the historical cost convention with the exception of investments, which where applicable are included at market value.

Financial reporting standard 102- reduced disclosure requirements

The charity has taken advantage of the exemption in preparing these financial statements as permitted by FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland - the requirement of Section 7, Statement of Cash Flows.

1 Accounting Policies

1.1 Income

All incoming resources are included in the Income & Expenditure Account when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Interest arising on the bank deposits is credited to the account when it is received.

All liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

1.3 Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for a particular restricted purpose.

1.4 Taxation

The charity is exempt from income tax on its charitable activities.

1.5 Pension Costs.

The charity operates a pension scheme (Auto Enrolment). Contributions payable to the Charity's pension scheme are charged to the Income & Expenditure Account in the period to which they relate.

9 Related Party Transactions

During the year expenses were incurred by and reimbursed to the Trustees in connection with administrative expenses and purchasing supplies for the Charity.

C Jones

Total 611.51

Report to the Trustees of Emmanuel Pre School

This report is on the accounts of Emmanuel Pre School for the year ended 31st August 2021 set out on pages 1-2.

The Trustees are responsible for the proper keeping of the books and records and preparation of the accounts in accordance with the Charities Act 2011 ("The Act"). They consider that an audit of the Funds is not required under section 144 of The Act and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;

to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

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:

 accounting records were not kept in accordance with section 130 of the Act or

 the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

M I Spencer FAIA CIOT M I Spencer Ltd 70 Victoria Road Polegate Sussex BN26 6BU

Dated

M Spencer 08/06/2022