OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-08-31-accounts

Description
ofthe charity's trusts
Description
ofthe charity's trusts
Description
ofthe charity's trusts
Type of governing
document
Constitution
How the charity is constituted Trust
Trustee selection methods Trustees are appointed
by the Management
Committee
at each AGM
Additional
governance
issues
(Optional
information)
You may choose to include
additional
information,
where
relevant,
about:
Belbroughton
Nursery
has a close working
relationship
with
Belbroughton
Primary School because
it is located within the school
building
and is integrated
into key elements
ofthe school day providing
an enhanced
progressive
environment.
~ policies and procedures
adopted for the induction
and
Belbroughton
Nursery
rebranded
in 2021 (previously
known as First
training
oftrustees;
Steps Nursery,
Belbroughton)
to better align with the school and refresh
~ the charity's
organisational
marketing.
structure
and any wider
network
with which the charity
works;
The Management
Committee
have regular meetings
and contact with
nursery
staff to ensure strong relationships
with stakeholders.
~ relationship
with any related
Many of the children
who attend
Belbroughton
Nursery
move on to attend
parties; Belbroughton
Primary
School meaning
that they are very familiar
with the
~ trustees'
consideration
of
major risks and the system
and procedures
to manage
them.
staff members
and the routines
and expectations
of school life. The staff
members
of both Belbroughton
Nursery and the school therefore
have a
shared
interest
in promoting
education,
safeguarding
and the general
wellbeing
of the children.
The Management
Committee
and nursery
manager
have regular contact
with the Headmistress
ofthe school. This ensures clear lines of
communications
and sharing ofgood practice.
~
Belbroughton
Nursery
aims to be the pre-school of choice for parents of
children
who will ultimately
attend
Belbroughton
C of E Primary School.
The nursery
will offer outstanding
quality care by ensuring
that all staff
Summary
ofthe objects ofthe
are trained
in the best and most appropriate
qualifications
including
those
charity set out in its recognised
by EYFS, CACHE and Foundation
Degree. Safeguarding
governing
document
Policies and Procedures,
and Paediatric
First Aid.
The nursery
provides
local, friendly care for children
and embraces the
community
spirit ofthe village
in which
it is based.
The Trustees of Belbroughton
Nursery are aware ofthe guidance
issued
by the Charity Commission
on public benefit and why this is integral to
the nursery
being able operate as a charitable
body.
The Trustees ensure that Belbroughton
Nursery
is able to operate as a
pre-school
nursery
in accordance
with the legal requirements
laid down
by Parliament
and overseen
by Ofsted. By operating
to these standards
it
provides reassurance
to the general
public that child welfare and
Summary
ofthe main
education
standards
are being met.
activities undertaken for the
public benefit
in relation to
these objects (include within
this section the statutory
Belbroughton
Nursery
is the only pre-school
nursery
which operates each
weekday
during
school term time in Belbroughton
and provides
a service
to families that would
not otherwise
be available. Attendance
at
declaration
that trustees
have Belbroughton
Nursery
can be every session through
the week or for
had regard to the guidance
issued by the Charity
specific sessions and this enables parents to return to work or to provide
dedicated care for younger
siblings at home. Belbroughton
Nursery also
Commission
on public
provides a seamless
link to the afterschool
club which children
over 3
benefit) years old may attend
under a separate
arrangement.
Belbroughton
Nursery
is non-denominational
and is open to children
of all
backgrounds
regardless
ofrace, religion or nationality.
Belbroughton
Nursery welcomes
children
with Special Educational
Needs or disabilities.
Belbroughton
Nursery operates
within the school and so the rent paid by
Belbroughton
Nursery
helps to fund the operation
ofthe school in a way
that helps to reduce the burden
on taxpayers.
Additional
details of
objectives and activities (Optional
information)
Belbroughton
Nursery encourages
parent volunteers
to be actively
You may choose to include
further statements,
where
relevant,
about:
involved
in the nursery stage development
oftheir child(ren). The input
from parents
helps them to understand
the work done by Belbroughton
Nursery
staff and builds closer relationships
within the setting,
and helps
parents
and children
with the transition
into school.
~
policy on grantmaking;
~
policy programme
investment;
related Belbroughton
Nursery also encourages
all parents to attend and to
participate
in the regular Management
Committee
meetings so they can
help guide the direction ofthe nursery
and give the benefit oftheir skills
~
contribution
made
by and experience.
volunteers.
~ ~ e
~
~
~
Summary
ofthe main
achievements
ofthe charity
during the year
Belbroughton
Nursery
had a strong year in 2020/21 with good numbers
ofchildren
throughout.
Whilst there were slightly fewer places filled in
September 2020 compared
to the previous
year, due to a higher number
of children
leaving to go into reception, there was still a reasonable
number
- 14 children
filled 92 settings
per week, compared
to 15children
filling 101settings at September 2019.(NB:a setting is defined as a
morning
or afternoon
setting, so a child attending
nursery
full time
attends 10settings per week).
The number
of children
increased
through
the autumn
and spring terms,
as is usually the case —parents
tend to place their child with the nursery
after the child turns three due to government
funding
rules.
In July 2021,
22 children
filled 148settings.
The coronavirus
pandemic
continued
to impact the Nursery
in 2020/21.
During the national
lockdown
from January to March 2021 the nursery
remained
open on a restricted
basis and adhered
to national
guidelines.
Staff absences
and illnesses were thankfully
limited.
The nursery
continues
to benefit from an experienced
and enthusiastic
team of staff. Everyone
pulled together as a nursery
community
to make
the best ofthe situation. We have a great team with lots of enthusiasm
and some wonderful
ideas and initiatives
that will ensure that
Belbroughton
Nursery goes from strength
to strength
and continues
for
many years to come.
In 2020/21 a surplus
ofE6,312was generated
in the year (2019/20 was a
Brief statement ofthe surplus
off15,281).These surpluses
added to the charity's
reserves.
charity's policy on reserves
The management
committee
have determined
that a minimum
of625k
should be held as reserves. This ensures that the nursery
has sufficient
funds and financial
resilience to weather
a future downturn
in birth rate
and child numbers.
There is a Deposit bank account
held separately
to the main current bank
account to hold these reserves separately.
The cash held at 31 August
2021, in both the deposit and current accounts,
totalled f49,249.
After two years offinancial
surpluses,
the committee
agreed to invest
some ofthe reserves
in the future ofthe Nursery
with a rebrand
to
Belbroughton
Nursery,
new website and social media presence and
refreshed
artwork
inside the Nursery
and signage outside. This
expenditure
was after the year end 31 August 2021 so will show
in the
2021/22 accounts.
CHARITY CHARITY COMMISSION COMMISSION COMMISSION COMMISSION COMMISSION COMMISSION
FOR ENGLAND ANO WALES Belbroughton
First
Steps Nursery
Receipts and payments accounts CC~6a
For the penod
from
01/09/2020 To 31/08/2021
~ ~ ~ ~
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
to the nearest
6
to the nearest 6 to the nearest 6 to the nearest 6 to the nearest 6
A1 Recei ts
County funded
income
57,290 57,290 59,519
Fees 16,596 16,596 10,058
Grants 2,198
Fundraising 250
Misc 55 6,235
Bank interest 38
Apprentice
Grant
1,000 1,000
Toilet refurb grants Icovid) 4,875 4,875
Sub total (Gross income for
AR)
79,819 79,819 78,298
A2 Asset and investment sales,
see table .
u tote
Total receipts 79,819 79,819 78,298
A3 pa ments
Wages inc HMRC 50,431 50,431 41,867
Pension
Deductions
3,746 3,746 2,515
Rent 9,550 9,550 9,550
Nursery
Insurance
488 480
Ofstsd Registration 50 50 50
Nursery and admin supplies 5,973 5,973 3,242
Marketing 100 100 101
Photocopying 177 177 159
Nursery
maintenance
820 820 20
Training 702 702 409
Phone costs 470 470 241
Playground donation 1,000 1,0OO
Garden 510
Replacement toys and equipment
Other 3,873
Sub total 73,507 73,507 63,017
A4 Asset and investment
urchases
see table
Sub total
Total payments 73,507 73„507 63,017
Net ofreceiptsl(payments) 6,312 6,312 15,281
AS Transfers between funds
A6 Cash funds last year end 42,937 42,937 27,656
Cash funds this year end 49,249 49,249 42,937
Unrestricted Restricted Endowment
Details funds funds funds
to nearest f to nearest f to nearest f
B1Cash funds Current bank account 24,154
Deposit bank account 25,095
Total cash funds 49,249
(agree balances with receipts and payments
account(s))
Unrestricted Restricted Endowment
funds funds funds
to nearest f to nearest f to nearest f
B2Other monetary assets
Fund to which
asset belongs
Cost (optional) Current value
(optional
B3Investment assets
Details Fund to which
asset belon s
Cost (optional) Current value
optional
B4 Assets retained for the I aptop, (pad, Printer and accessories
charity's
own
use Music listening centre
Toys, books, crafl materials
Shed and garden equipment
Fridge
Washing machine
Fund to which Amount due When due
liability relates (optional) (optional)
B5Liabilities
Signed by one or two trustees
behalf of all the trustees
on nature Print Name Date of
approval
l
CCXX R2 accounts (SS) 16/OS/2022