2022-08-31-accounts

Trustees’ Annual Report for the period

From: 1 Sep 2021 Period start date To: 31 Aug 2021 Period end date

Charity name: MULBERRY PRE-SCHOOL

Charity registration number: 1062690

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Provide early years education for children aged 2 years to school age.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Early years education
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	All trustees keep themselves up to date with all Charity Commission guidelines.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Enhanced the education and social skills of children aged 2 years to school age from a wide range of ethnic backgrounds.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	We continue to make a loss due to the current government funding rate which has not kept up with the increases in minimum/living wage rates.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	We maintain reserves in order to pay redundancies should the setting close, to ensure funds are available to maintain the up keep of the building and pay staff until termly funding is received.
Amount of reserves held	Para 1.22	£17000
Reasons for holding zero reserves	Para 1.22	n/a
Details of fund materially in deficit	Para 1.24	n/a
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	If the funding does not increase and keep inline with increases in minimum/living wage rates then potentially we will not survive beyond the next few years.

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	The majority of our children receive government funding (15 universal and 30 hours extended). We also fundraise to cover everything not covered by the inadequate funding rates.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Early Years Alliance constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Follow the Early Years Alliance constitution
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Nominated or volunteered at an AGM, voted on by members.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name	Mulberry Pre-School
Other name the charity uses
Registered charity number	1062690
Charity’s principal address	Mulberry Pre-School Mulberry Road Marchwood Southampton SO40 4WB

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Dervan Butler	Chairperson	Nov 21 – Aug22
	Simone Pattison	Secretary	Nov 21 -present
	WendyPrecious	Secretary/Trustee	May17 – Nov 22
	Josh Addison	Treasurer	18 Oct 21 –present
	Kerry Mackay- Carey	Trustee	Nov 21 - present

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) SCPattison Full name(s) Simone Pattison Position (eg Secretary, Secretary Chair, etc) Date 12 June 2023

MULBERRY PRE-SCHOOL END OF YEAR ACCOUNTS

MULBERRY PRE-SCHOOL END OF YEAR ACCOUNTS	MULBERRY PRE-SCHOOL END OF YEAR ACCOUNTS
SEPTEMBER 2021 - AUGUST 2022
INCOME	2021 - 2022
DAF	£1,171.24
Donation	£421.40
Early Years Pupil Premium HCC - RESTRICTED FUNDS	£1,848.01
Fees	£19,280.48
Free school meal vouchers - HCC - RESTRICTED FUNDS	£767.33
Fundraising	£1,902.66
Funding HCC - 2 year old	£3,053.04
Funding HCC - 3/4 year old	£77,183.84
Grants - COVID	£0.00
IDAIC funding HCC	£61.50
Nursery Milk refund	£205.47
TESCO bags of help grant	£0.00
Training/course income	£0.00
Uniform Sales	£359.10
other	£3,300.63
TOTAL MONTHLY INCOME	£109,554.70

EXPENDITURE

EXPENDITURE
Art Consumables	£51.18
Childrens' parties (Xmas and graduation)/Presents	£108.54
Connect4grant	£116.39
Early Years Alliance (PLA)	£109.25
Early Years Pupil Premium HCC RESTRICTED FUNDS*	£958.41
Fees reimbursement	£0.00
Free school meal vouchers - HCC RESTRICTED FUNDS	£645.00
Fundraising expenditure & purchases	£1,441.24
Grants - COVID	£0.00
IDAIC	£11.72
Insurance	£1,231.06
Kitchen & toilet consumables	£562.92
Lease	£3,500.00
Milk	£212.42
Office equipment	£16.94
Ofsted registration	£50.00
PAT testing	£0.00
Pensions (auto enrolment admin)	£918.49
Pre-school equipment	£56.98
Printer (office) consumables	£11.87
Property enhancement	£64.99
Property/equipment maintenance	£2,029.84
SAGE payroll	£403.20
Snacks	£301.33

Stationery	£18.91
Tapestry	£146.40
Tax & NI (HMRC)	£5,848.92
Teaching aids & resources	£496.25
Telephone (including internet)	£658.12
TESCO grant Bags of help	£0.00
Training/course fees	£827.40
Uniform expenditure	£522.22
Utilities - electric	£539.37
Utilities - gas	£1,073.63
Wages	£108,186.56
Website	£228.46
Other	£372.63
TOTAL EXPENDITURE	£131,720.64
Excess of income or expenditure	-£22,165.94
*some used for wages

Independent examiner's report on the accounts Sect?on A Independent Examinerfs Report Report to the trusteesl members of MULBERRY PRE-SCHOOL On accounts for Ihe year ended 31*AugUSt 2022 Charlty no (if any) 1062690 Set out on pages Respectlve The charivs trustees are restK)nsible for the preparation of the accounts. responsibilities of The charity's trustees consider that an aLKJit is not reqUI￿d for this year trustees and examiner under section 144 of the Chariiies Act 2011 (the Charities Act) and that an independent eXaMinat￿n is needed. It is my responsibilty to.. examine Ihe accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145{51{b) of the Charities Act, and to state whether particular matters have come to my attention. Basls of independent My examination was carrie(l out in accordance with general Directions given examiner's statement by the Chartty Commission. An examination includes a review of the accounting records kept by the char￿Y and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the tsustees conceming any such matters. The procedures undertaken do nol provide all the ewdence that would be required in an audit, and consequenuy 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 ststement below. Independent In connection with my examination, no matter has come to my attention examinerfs statement ( 1. which gives me reasonable cause to believe that in, any material respect, the r￿UIrements. to keep accounting records in accordance V￿th section 130 of the Charities Act: and to prepare accounts vthich accord with the accounting records and comply wtth the accounting requirements of the Charities Act have not been met", or 2. to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts lo be reached. Please delete the words in the br8ckets if th8y do not apply. Date: a3 Slgned: 23 Name: MRS SONIA PA￿1 WELLS Relevant professional quallficatlon(s) or body (if any): MAAT No: 10049092 IER March 2012