2023-08-31-accounts

Trustees’ Annual Report for the period

From: 1 Sep 2022 Period start date To: 31 Aug 2023 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 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 – Feb 23
	Neil Scott	Chairperson	Feb 23 -present
	Simone Pattison	Secretary	Nov 21 -present
	Josh Addison	Vice Chairperson	18 Oct 21 –present
	Kerry Mackay- Carey	Treasurer	Nov 21 – present
	Catherine Asamoah	Trustee	Nov 22 – 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 2024

MULBERRY PRE-SCHOOL END OF YEAR ACCOUNTS

SEPTEMBER 2022 - AUGUST 2023

INCOME

INCOME
DAF	£828.00
Donation	£459.65
Early Years Pupil Premium HCC - RESTRICTED FUNDS	£964.74
Fees	£36,452.12
Free school meal vouchers - HCC - RESTRICTED FUNDS	£180.00
Fundraising	£2,370.57
Funding HCC - 2 year old	£9,312.48
Funding HCC - 3/4 year old	£75,963.91
Grants - RESTRICTED FUNDS	£4,999.00
IDAIC funding HCC	£45.00
Nursery Milk refund	£234.14
Uniform Sales	£470.20
other	£2,874.85
TOTAL MONTHLY INCOME	£135,154.66

EXPENDITURE
Art Consumables	£15.37
DAF	£379.00
Early Years Alliance (PLA)	£112.11
Early Years Pupil Premium HCC RESTRICTED FUNDS*	£712.33
Free school meal vouchers - HCC RESTRICTED FUNDS	£180.00
Fundraising expenditure & purchases	£628.29
IDAIC funding HCC*
Insurance	£1,138.78
Kitchen & toilet consumables	£335.90
Lease	£3,500.00
Milk	£252.71
Office equipment	£29.94
Ofsted registration	£50.00
Pensions (auto enrolment admin)	£1,304.86
Pre-school equipment	£7.50
Printer (office) consumables	£23.88
Property enhancement	£0.00
Property/equipment maintenance	£227.69
SAGE payroll	£424.80
Snacks	£92.22
Stationery	£14.88

Tapestry	£168.00
Tax & NI (HMRC)	£3,450.59
Teaching aids & resources	£159.37
Telephone (including internet)	£628.89
Training/course fees	£155.00
Uniform expenditure	£500.07
Utilities - electric	£592.00
Utilities - gas	£1,411.00
Wages	£96,102.58
Website	£228.46
Other	£162.45
TOTAL EXPENDITURE	£112,988.67
Profits	£22,165.99

*some used for wages

CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustees MULBERRY PRE-SCHOOL On accounts for the year ended AUGUST 2023 Charity no (if any) 1062690 Set out on pages I report to the trustees (fft my examination of the accounts of the above charity (Ihe Trust") for th8 year ended 3110812023. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordan￿ 5￿th the requirements of the Charities Act 2011 nhe Acr). I report in respect of my examination of the Twsys a¢¢ounts carried oui under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent tThe cha gross in e exceeded examiner's ststement und etheex nation by bei applicable li body]l. Del8 ,000 and l a ualified to qualified me r of lins8rt na not applicabl I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination lotk8pth d￿les￿Ich gives me cause to believe that in, any material respect.. the accounting records V￿re not kept in accordance with section 130 of the Charittes Act," or the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements conceming the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requi￿rnent that the accounts give a Irue and fairf view wthi¢h is not a matter considered as part of an independent examination. I have no concems and have come a￿0$$ no other matters in connection with the examination to which atterrtion should be drawn in this report in order to enable a twer understanding of the accounts to be reached. ' Please delete the Myds in the brnckets rfthey do not apply. Signed: Date: - ao31fr Name: PA-ffl W6LLS Relevant professional qualifiGation(s) or body IOOW oq IER Oct 2018

(rfany): Address: l¥X CzoS-fHoL& c£eséÉA Akm PSHIQÉ Poif 6vio Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32. Independent examination of tharity accounts.. directions and guidan￿ for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018