## **Trustees’ Annual Report for the period**
## **From 1 September 2021 to 31st August 2022 Charity name: Bushytails Pre-school Charity registration number: 1067576 (England and Wales)**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Bushytails Pre-school is a charity run,**
**community-based Pre-school for children**
**aged 2-5 years. We are Ofsted registered**
**and are part of the EYFS. We provide a**
**safe, fun learning environment with a**
**multisensory (secure) play area. All**
**money raised by the charity pays for it to**
**run. It covers the costs of staff, premises**
**and a lot of vital equipment for the benefit**
**of the children.**|
|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|**Our main activity is to deliver, within our**
**fully inclusive setting for 2–5 year olds,**
**the Early Year Foundation Stage. To do**
**this, we employ childcare managers and**
**assistants who undertake joint daily**
**planning of activities to meet the needs**
**and interests of the children attending**
**our setting. We deploy a key person**
**approach to ensure that the progress and**
**well-being of all individual children is**
**constantly monitored and feeds into**
**future planning.**
**We ensure that our staff are well trained**
**and hence able to successfully meet the**
**needs of the children in our care. We**
**promote the importance of the learning**
**environment and endeavour to make this**
**as stimulating as possible. We listen to**
**the views of children, parents and staff**
**and use this feedback to improve our**
**work. We accurately assess our children**
**and provide this information as**
**requested. We develop positive**
**relationships with parents and carers and**
**invite them into our setting as observers**
**or helpers. We value all children as**
**individuals and celebrate Britain’s**
**diversity of culture of ethnicity. We help**
**the children in our care to be happy and**
**healthy. We have policies and procedures**
**in place for all aspects of safeguarding,**
**child protection and health and safety,**
**and we use staff training days and**|
|||**meetings to ensure all staff are fluent**
**in these. We follow the recommendations**
**offered by specialists and the**
**guidance available from the Pre-School**
**Learning Alliance.**|
|---|---|---|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**In all our work, we (the trustees) have**
**regard to the guidance issued by the**
**Charity Commission on public benefit**|
|**Additional information (optional)**
You may choose to include further statements||where relevant about:|
||SORP reference||
|Policy on grant making|Para 1.38|**We have no policy of grant making and**
**are not involved in grant making.**|
|Policy on social investment
including program related
investment|Para 1.38|**Similarly, we have no policy on social**
**investment as we are not involved in**
**social investments**|
|Contribution made by
volunteers|Para 1.38|**We are grateful to those parents, beyond**
**our committee of volunteers, who**
**regularly give up their time for free to**
**help at the Pre-school**|
|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|**We have established a stable and**
**proactive committee and trustees after a**
**period of instability within the Committee.**
**During this academic year, the**
**Committee have worked hard to ensure**
**the future financial stability of the Pre-**
**School by adopting new procedures for**
**the invoicing of parents and the**
**collection of fees. We now have robust**
**systems in place to ensure that all fees**
**are collected and have adopted robust**
**systems for monitoring expenditure,**
**monthly and cashflow.**
**We have further built on our positive**
**Ofsted report of summer 2018. All of our**
**staff continue to complete regular**
**bespoke training to ensure that they are**
**confident and fluent in the latest Early**
**Years practice. Our most experienced**
**staff continue to support newly qualified**
**staff and apprentices as they learn the**
**skills of the role.**|
|---|---|---|---|
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|Achievements against
objectives set|Para 1.41|**N/A**|
|Performance of fundraising
activities against objectives
set|Para 1.41|**N/A**|
|Investment performance
against objectives|Para 1.41|**N/A**|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**At the end of the financial year (31**
**August 2022) we had a balance of**
**£37561.30**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Our new reserves policy is to hold the**
**equivalent of a term’s local educational**
**funding (from Hampshire County**
**Council) funding as a reserve**|
|Amount of reserves held|Para 1.22|**Currently hold an operating balance of**
**£37561.30 but zero funds allocated**
**separately to a reserve account**|
|Reasons for holding zero
reserves|Para 1.22|**A review is currently being undertaken to**
**establish a reserve fund of £40,000 with**
**the view to a separate reserves account**|
|Details of fund materially in
deficit|Para 1.24|**No funds are materially in deficit**
**currently**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**|
## **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 charity’s principal sources of funds**
**are fees collected from children (mainly**
**aged 2 years) attending the Pre-School**
**and income received from Hampshire**
**County Council for those**
**children aged 3 and above who are**
**entitled to funded sessions.**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**N/A**|
|A description of the principal
risks facing the charity|Para 1.46|**One of the principal risks facing the**
**charity is the continued low government**
**funding of childcare places. Inflation is**
**also increasing costs associated with**
**running the charity**|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution**|
|How is the charity
constituted?
(e.g. unincorporated
association, CIO)|Para 1.25|**Unincorporated**|
|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|**New trustees may be nominated and**
**appointed by current Trustees or**
**committee members**|
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|**Trustees complete DBS checks in line**
**with statutory requirements. Trustees**
**meet regularly and work collaboratively**
**on all aspects of the role. Induction and**
**training take place as part of regular**
**meetings.**|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**The work of the Bushytails Pre-school is**
**overseen by a committee of parents and**
**former parents. The Pre-School**
**management structure consists of one**
**well qualified and experienced Childcare**
**Managers alongside an equally trained**
**Deputy Manager . The Pre-School**
**additionally employs part time assistants**
**and SENCO designated staff.**|
|Relationship with any related
parties|Para 1.51|**N/A**|
|Other||**N/A**|
## **Reference and Administrative details**
|Charity name|**Bushytails Pre-school**|
|---|---|
|Other name the charity uses||
|Registered charity number|**1067576**|
|Charity’s principal address|**Bushytails Pre-school**
**Springwood Avenue**
**Waterlooville**
**PO7 8ED**|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||**Scott CORDEROY**|**CHAIR**|**01 MAY 2022 –present**||
||**Carly TAYLOR**|**SECRETARY**|**01 MAY 2022–present**||
||**Katie FINN**|**TREASURER**|**01 MAY 2022–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)**
Jane WHILEY (Pre-school Manager)
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
**N/A**
## **Other optional information**
## **N/A**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||_CARLY TAYLOR_
_(Electronic)_|
|---|---|---|
||SCOTT CORDEROY|CARLY TAYLOR|
||
**CHAIR**|SECRETARY|
||**26 October 2022**||
||**26 October 2022**||
Registered number 1067576
Bushytails Preschool
Report and Accounts
31st August 2022
**Bushytails Preschool 1067576**
## **Report of the Independent Examiner to the trustees on the accounts of the Charity for the year endded 31st August 2022**
I report on the financial statements of the Charity for the year ended 31st August 2022 which have been prepared on a Receipts and Payments basis. A Receipts and Payments basis does not account for debtors, creditors, accruals and prepayments, but such a presentation is permitted by law for smaller charities.
The Charity's trustees are responsible for the preparation of the accounts. The trustees are satisfied that the audit requirement of Section 144(1)) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the accounts be subject to independent examination.
Having satisfied myself that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to:-
## a) examine the accounts under section 145 of the Act;
b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5))(b) of the Act; and; c) to state whether particular matters have come to my attention.
## **Basis of opinion and scope of work undertaken**
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent 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 such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the accounts, and in particular, I express no opinion as to whether the accounts give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters.
## **Independent Examiner's Statement, report and opinion**
Subject to the limitations upon the scope of my work as detailed above , in connection with my examination , I can confirm that this is a report in respect of an examination carried out under section 145 of the Act and in accordance with any directions given by the Commission under subsection (5)(b) of that section which are applicable; and that no matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material respect the requirements
(i) to keep accounting records in accordance with section 130 of the Act;
(ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act ;
have not been met; or
to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached;
9th December 2022 D B Heelan Licenced Accountant MAAT
1 The Briars Waterberry Drive Waterlooville Hampshire PO7 7YH
BUSHYTAILS PRESCHOOL YEAR ENDED 31ST AUGUST 2022
## **Receipts and Payments Account Unrestricted Funds**
## **Income Receipts**
|Fees|8,682.20||
|---|---|---|
|Grant|110,291.14|118,973.34|
|**Other Income**|||
|Fundraising|100.00||
|School clothing|75.00||
|Food voucher grants|930.00||
|Training grants|-||
|Bank interest received|0.03||
|Other miscellaneous|23.10|1,128.13|
|**Total Receipts**||**120,101.47**|
|Fees
8,682.20
Grant
110,291.14
**Other Income**
Fundraising
100.00
School clothing
75.00
Food voucher grants
930.00
Training grants
-
Bank interest received
0.03
Other miscellaneous
23.10
**Total Receipts**|118,973.34
1,128.13
**120,101.47**|
|---|---|
|**Direct Charitable Expenditure**
Rent
2,400.00
Wages, PAYE & pensions
108,037.14
Equipment
1,001.68
Consumables
964.23
Food vouchers
930.00
Other grant expenditure
79.77
Funding transfers
-
**Other Expenditure**
Administration costs
2,894.60
Fundraising costs
59.94
Building expenses
-
Stationery
9.75
Telephone & photocopying
498.93
Computer requisites
992.19
CRB checks
111.80
Subscriptions/Advertising
634.60
Insurance
495.27
Function costs
124.35
Cleaning expenditure
957.97
Training costs
520.50
Clothing costs
132.50
Bad debt written off
617.50
Bank charges
270.92
Other miscellaneous
92.89
**Total Expenditure**
**Net Receipts/Payments for the year**|113,412.82
8,413.71
**121,826.53**
**(1,725.06)**|
BUSHYTAILS PRESCHOOL YEAR ENDED 31ST AUGUST 2022
**----- Start of picture text -----**
Cash and Bank balances at 31 August 2021 (Unrestricted Funds) 39,313.23
Net Receipts/Payments for the year - 1,725.06
Cash and Bank Balances as at 31 August 2022 (Unrestricted Funds) 37,588.17
Balances per bank statement as at 31/08/2022
Current Account 37561.30
Cash 1.87
Float 25.00
(Unrestricted Funds) 37,588.17
Notes to the accounts
Income
31st August 2022 31st August 2021 Variance
£ £ £
8,682.20 Fees 11,486.75 - 2,804.55
110,291.14 Grant 100,749.41 9,541.73
1,128.13 Other income 815.93 312.20
120,101.47 113,052.09 7,049.38
Fee income decreased; Increased charge rates in the coming year.
Grant income increased due to additional support for special needs children.
Expenditure
113,412.82 Direct 108,588.71 4,824.11
8,413.71 Other 6,480.72 1,932.99
121,826.53 115,069.43 6,757.10
**----- End of picture text -----**
_Increased expenditure mainly due to additional resources for special needs children._
## **Related party transactions**
There were no such transactions in the year.
## **Trustees Expenses / Remuneration**
No trustees were remunerated or paid expenses above those incurred on behalf of the charity.
BUSHYTAILS PRESCHOOL YEAR ENDED 31ST AUGUST 2022
## **Funds policy**
There were no endowment or restricted funds in the year.
## **Reserves Policy**
A specific policy (BT-POL-009) was introduced in the year with a target working capital figure.
Registered number 1067576
Bushytails Preschool
Report and Accounts
31st August 2022
**Bushytails Preschool 1067576**
## **Report of the Independent Examiner to the trustees on the accounts of the Charity for the year endded 31st August 2022**
I report on the financial statements of the Charity for the year ended 31st August 2022 which have been prepared on a Receipts and Payments basis. A Receipts and Payments basis does not account for debtors, creditors, accruals and prepayments, but such a presentation is permitted by law for smaller charities.
The Charity's trustees are responsible for the preparation of the accounts. The trustees are satisfied that the audit requirement of Section 144(1)) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the accounts be subject to independent examination.
Having satisfied myself that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to:-
## a) examine the accounts under section 145 of the Act;
b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5))(b) of the Act; and; c) to state whether particular matters have come to my attention.
## **Basis of opinion and scope of work undertaken**
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent 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 such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the accounts, and in particular, I express no opinion as to whether the accounts give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters.
## **Independent Examiner's Statement, report and opinion**
Subject to the limitations upon the scope of my work as detailed above , in connection with my examination , I can confirm that this is a report in respect of an examination carried out under section 145 of the Act and in accordance with any directions given by the Commission under subsection (5)(b) of that section which are applicable; and that no matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material respect the requirements
(i) to keep accounting records in accordance with section 130 of the Act;
(ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act ;
have not been met; or
to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached;
9th December 2022 D B Heelan Licenced Accountant MAAT
1 The Briars Waterberry Drive Waterlooville Hampshire PO7 7YH
BUSHYTAILS PRESCHOOL YEAR ENDED 31ST AUGUST 2022
## **Receipts and Payments Account Unrestricted Funds**
## **Income Receipts**
|Fees|8,682.20||
|---|---|---|
|Grant|110,291.14|118,973.34|
|**Other Income**|||
|Fundraising|100.00||
|School clothing|75.00||
|Food voucher grants|930.00||
|Training grants|-||
|Bank interest received|0.03||
|Other miscellaneous|23.10|1,128.13|
|**Total Receipts**||**120,101.47**|
|Fees
8,682.20
Grant
110,291.14
**Other Income**
Fundraising
100.00
School clothing
75.00
Food voucher grants
930.00
Training grants
-
Bank interest received
0.03
Other miscellaneous
23.10
**Total Receipts**|118,973.34
1,128.13
**120,101.47**|
|---|---|
|**Direct Charitable Expenditure**
Rent
2,400.00
Wages, PAYE & pensions
108,037.14
Equipment
1,001.68
Consumables
964.23
Food vouchers
930.00
Other grant expenditure
79.77
Funding transfers
-
**Other Expenditure**
Administration costs
2,894.60
Fundraising costs
59.94
Building expenses
-
Stationery
9.75
Telephone & photocopying
498.93
Computer requisites
992.19
CRB checks
111.80
Subscriptions/Advertising
634.60
Insurance
495.27
Function costs
124.35
Cleaning expenditure
957.97
Training costs
520.50
Clothing costs
132.50
Bad debt written off
617.50
Bank charges
270.92
Other miscellaneous
92.89
**Total Expenditure**
**Net Receipts/Payments for the year**|113,412.82
8,413.71
**121,826.53**
**(1,725.06)**|
BUSHYTAILS PRESCHOOL YEAR ENDED 31ST AUGUST 2022
**----- Start of picture text -----**
Cash and Bank balances at 31 August 2021 (Unrestricted Funds) 39,313.23
Net Receipts/Payments for the year - 1,725.06
Cash and Bank Balances as at 31 August 2022 (Unrestricted Funds) 37,588.17
Balances per bank statement as at 31/08/2022
Current Account 37561.30
Cash 1.87
Float 25.00
(Unrestricted Funds) 37,588.17
Notes to the accounts
Income
31st August 2022 31st August 2021 Variance
£ £ £
8,682.20 Fees 11,486.75 - 2,804.55
110,291.14 Grant 100,749.41 9,541.73
1,128.13 Other income 815.93 312.20
120,101.47 113,052.09 7,049.38
Fee income decreased; Increased charge rates in the coming year.
Grant income increased due to additional support for special needs children.
Expenditure
113,412.82 Direct 108,588.71 4,824.11
8,413.71 Other 6,480.72 1,932.99
121,826.53 115,069.43 6,757.10
**----- End of picture text -----**
_Increased expenditure mainly due to additional resources for special needs children._
## **Related party transactions**
There were no such transactions in the year.
## **Trustees Expenses / Remuneration**
No trustees were remunerated or paid expenses above those incurred on behalf of the charity.
BUSHYTAILS PRESCHOOL YEAR ENDED 31ST AUGUST 2022
## **Funds policy**
There were no endowment or restricted funds in the year.
## **Reserves Policy**
A specific policy (BT-POL-009) was introduced in the year with a target working capital figure.