TOTS R US PRE-SCHOOL ANNUAL REPORT OF THE COMMITTEE FOR THE YEAR ENDED 31 JULY 2024 {CONTINUED) Progress during the year This has been a busy year for tots with lots of children registering with us from outside of the village &$ well as our usual levels of local children due to the incre&se in funding for free entitlement- other local villages preschools being full has seen children come lo us from Aylesham and Ash and a few more thaD usual enquiries from Eythorne families. We have a lower number of children starting school and therefore more returntng to tots in September meaning we are off to a good start in September 2024. This, however, means we have less space for new families. and we are predicting we may become full earlier this year. Our only concern wlth this is that if local families wish io join us, we may noi have available what they want so w¢ will try to keep some spaces in reserve for this as our constitution is that we are here for local families. We stand by our constitution re local families accessing us and local people being employed by us and unexpectedly we find a member of staff thal has only just joined us going on maternity leave howeverwe have b¢en lucky enough to have a local mature student that more than fits the job specification and we are therefore employing her on a temporary contract to cover this but we more than expect this will become pernianent next summer due to the rising demand in nursery places re the incre&sed free entitlement funding. Our profil is being used io completely redecorate the whole serting this summer as it is in much need of this and some neiv resources forthe increasing numbers ofchildren. If there is any spare itwill go into the contingency fund for a neiv building as is always the 6ase and for any unexpected repairs that will arise due to the age of tlie building and more into the redundancy funds due to the increasing number of staff. We also know thal we have covered the wages for the maternity Ver before committing to employing another member of staff. This year has seen the relurn of a past member of staff, which was needed due to the unexpected increase in children - safer recruitment was applied once again even though they were employed by us befor¢. As advised, we did try to open a business savings account. We spent months providing all the information required to the building society, only for them to just eventually say sOY ive are not opening anj, more business savings accounts at present. It ivas very long winded, and ive ivill ty again this year to sort one out. It has been a good year, and ive expect the nexl to be as fruitful. Reserves At the year end income reserves amounting 10 £209,263 (2023 - £188,809) Ivere held by the Pre-school. ON BEHALF OF THE COMMirrEE M Hollis, Chairperson Date: 'li Ly Page 2
TOTS R US PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024 Notes 2024 Restricted Funds 2024 Unrestricted Funds 2024 2023 Total Total Income aDd endowments from: Charitable activities.. KCC funding and nursery vouchers Fees Fund-raising 105,874 20,926 175 105,874 20,926 175 71,640 7,088 404 Total 126.975 126.975 79,132 Expenditure on: Management and administration expenditure Charitable expenditure 1,227 106,150 1,227 108.105 1.091 84,256 1,955 Total 1,955 107,377 109,332 85,347 Net expendlture (1.955) 19,598 17,643 (6.215) Total funds brought forward 7,349 194,984 202,333 208,548 Total funds carrled forward 5.394 214,582 219.976 202,333 The notes forni part of these fmancial statements Page 4
INDEPENDEINT EXAMINER'S REPORT TO THE MEMBERS OF TOTS R US PRE-SCHOOL I report on the financial statements of the Pre-school for the year ended 31 July 2024, which are set out on pages 4 to 9. Responsibilities and basts or report As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'tthe Act"). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable DiTKtions given by the Charity Commission under section 145(5Xb) of the Act. Independent examiner's statement I have completed my examination. I confirni that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l. accounting re¢ords were not kept in respect of the charity as required by section 130 of the A¢t; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the fonn and content of the accounts set out in the Charities (Accounls and Reports) Regulations 2008 other than any requirement that the accounts give a'true and fair view" which is nol a matter considered as part of ar] independent examination. I have no concerns and have come aeross no other matters in connection with the examination to which attenlion should be drawn in this report in order to enable a proper understanding of the accounls to be reaLhed. J D SHEATHER FCA MCCABE FORD WILLIAMS C"HARTERED ACCOUNTANTS CFIARLTON HOUSE DOUR STREET DOVER KENT CT16 IBL Dated: 2024 Page 3