2022-08-31-accounts

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REGISTERED CHARITY N[O] : 1070343

ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

REPORT AND UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2022

Page 1 of 10

REGISTERED CHARITY N[O] : 1070343

ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

TRUSTEES ANNUAL REPORT .................................................................................................................... 3 LEGAL & ADMINISTRATIVE .................................................................................................................. 3 REVIEW OF THE FINANCIAL AFFAIRS AND ACTIVITIES ........................................................................ 4 THANKS ............................................................................................................................................... 6 INDEPENDENT EXAMINER ................................................................................................................... 6 DECLARATION ..................................................................................................................................... 7 INDEPENDENT EXAMINER’S REPORT ...................................................................................................... 8 RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES & EXAMINER ........................................................ 8 BASIS OF THE INDEPENDENT EXAMINER’S REPORT ........................................................................... 8 INDEPENDENT EXAMINERS STATEMENT ............................................................................................ 8 STATEMENT OF FINANCIAL ACTIVITIES ................................................................................................... 9 NOTES TO THE INCOME AND EXPENDITURE ACCOUNT ....................................................................... 10

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REGISTERED CHARITY N[O] : 1070343

ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 31 AUGUST 2022

LEGAL & ADMINISTRATIVE

TradingName:	The charitytrades under the abbreviation Little Fishes Preschool
CharityNumber:	1070343
Principal Address:	Furze Platt War Memorial Hall, 75 Furze Platt Road, Maidenhead, Berkshire,SL6 7NG(at 31 August 2022)
Trading Address:	Furze Platt War Memorial Hall, 75 Furze Platt Road, Maidenhead, Berkshire,SL6 7NG

TABLE OF TRUSTEES:

----- Start of picture text -----
DATE APPOINTED DATE RESIGNED
NAME OFFICE
(if during 2021/22) (if during 2021/22)
Hannah Redman Chair
Catherine Sweet Chair (Outgoing) 14/09/2021
Rob Harris Vice Chair
Nicky Freemantle Secretary (Incoming) 14/09/2021
Fiona Lawrence Secretary (Outgoing) 09/03/2022
Louise Axford Treasurer (Outgoing)
Tim Eldridge Treasurer (Incoming)
Rebecca Humphreys
Lizzie Stone
Emma Olorenshaw
Justine Allen 31/03/2022
Anna Snelling 14/09/2021
Anna Browning 14/09/2021
----- End of picture text -----

GOVERNING DOCUMENT:

The Charity is governed by the procedures laid down in its Constitution. This was initially adopted on 13 May 1998. Amendments have been made and approved by the Preschool Committee and Parochial Church Council, at the AGMs held on 5 May 2010 and 17 October 2017.

OBJECTIVES OF THE CHARITY:

To enhance the development and education of children under statutory school age, primarily within the parish of Furze Platt.
To promote and encourage Christian and British Values.

STRUCTURE AND MANAGEMENT:

The charity is run by a management committee of voluntary trustees who receive no remuneration or benefits for the work they undertake in managing the Preschool. The Trustees are mostly drawn from parents of children who attend or have attended the Preschool in the recent past.

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REGISTERED CHARITY N[O] : 1070343

ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

REVIEW OF THE FINANCIAL AFFAIRS AND ACTIVITIES

Overview:

There was a surplus after fundraising of £27,954 compared to surplus of £5,382 in 2020/21. The increase is mainly due to RBWM funding for the Autumn 2022/23 term arriving early, as well as a big rise in RBWM funding due to much higher pupil numbers in 2021/22, particularly in the summer term.

Grants

The Committee applied to multiple grants in 2021/22 and it was with great pleasure that a couple were successful and received during the financial year.

RWBM generously granted £5,000 to provide resources and improve the setting for our 2-year olds.
Lions club of Maidenhead generously granted £250 to improve reading equipment and resources.
Fundraising:
Fundraising is an essential part of the Preschool’s income and has served to reduce the final deficit by £4,552, which is £789 less than 2020/21. Parental contributions fell by £780 to £719, mainly due to a significant single donation in the previous year. There was no Gift Aid Claim in 2021/22 - this has been deferred until 2022/23. The two main fundraising events were the Christmas and Summer fairs, raising £813 and £1,044 respectively. Other notable events included the summer Scoot-a-thon (£277) and coffee and cake sales at the Harvest, Nativity and Easter services, raising a total of £221. Funds are used to supplement the Preschool’s main direct costs including salaries, rent, and the purchase of new equipment and resources.
Direct Income:
RBWM continue to provide most of the income to the Preschool based on predetermined Government funding rates. In addition to this funding, parents pay session fees for those children who are not eligible for funding due to their age or additional hours attended. The session fees payable by parents remained at £6.00 per hour, with each session lasting 3.75 hours. Four sessions a week enable all children to achieve their full 15-hour entitlement from the Government. Average pupil NOR (numbers on roll) for the year were 35 (26 in 2020/21) with 36 at start of Autumn term, gradually increasing to 42 at the end of Summer term.
Direct Costs:
The total direct costs rose from £77,460 in 2020/21 to £95,600 in 2021/22. The Preschool’s main costs are staff costs and rent. This year staff costs increased by £15,826, due to taking on an additional EYP to support the extra pupil numbers, as well as wage increases to align with the National Living Wage increase (around 6.6%). The rent cost was £11,369, compared to £8,775 last year due to last year including a period of reduced rent during the COVID pandemic.
New Equipment:

The Preschool spent £2,012 during the year on play equipment for the children, compared to £2,105 in 2020/21. This included £1,137 spent on the book corner, funded by the Spoore Merry Rixman grant received in 2020/21 and the Lions Club of Maidenhead grant received this year. The Early Years Pupil Premium was used to provide multiple resources to enhance the provision for disadvantaged children, notably foam bricks for construction and cooker books and a blender.

Payments to Trustees:

Justine Allen, as Preschool Manager, and Rebecca Humphreys, as Business Manager, have been paid for their employment. No further payments have been made to Trustees during the year.

Deposits:

The Preschool returned all refundable deposits held upon a child’s enrolment. After parental consent, some deposits were retained as a parental contribution (£175). Deposits held relating to children who had not yet started totalled £250.

Children’s Entertainment:

In Summer term, Zoolab visited the Preschool, enabling the children to interact with various animals, which cost £239. There was also a visit to Braywick nature reserve where the children could learn about and interact with nature, which cost £215, partly funded by parental contributions.

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REGISTERED CHARITY N[O] : 1070343

ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

10. Accounting Policies:

The Accounts have been prepared under the historical cost convention, in accordance with: applicable accounting standards; the Statement of Recommended Practice, ‘Accounting and Reporting by Charities’, issued in March 2005; and the Charities Act 1993.

11. Employees:

There were 7 permanent members of staff employed from September to March and 6 permanent members of staff employed during the rest of the year.

Page 5 of 10

REGISTERED CHARITY N[O] : 1070343

ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

THANKS

Thank you as always to the whole of the staff team for all their hard work, dedication, and willingness to do whatever is needed to make Little Fishes the much-loved preschool that it is. This year has continued to be difficult with the additional challenges caused by the change in preschool manager and the team have gone above and beyond to ensure that the pupils could continue their journey at Little Fishes, with their wellbeing always being paramount.

A massive thanks to Justine Allen (Preschool Manager), Sarah Dean (Deputy Manager), and to Rebecca Humphreys (Business Manager), who have showed excellent resilience and commitment in running the Preschool.

We were ably supported throughout the year by the Early Years team from RBWM. We appreciate and thank you for your expertise, experience, and commitment.

Special thanks go to the Furze Platt Memorial Hall’s warden, Stephen Cronbach, and his wife Hazel, for all their work in maintaining and refurbishing to provide the best venue for Little Fishes.

St Peter’s Church has remained a close partner of the Preschool. Thanks to Children and Families Minister, Emma Olorenshaw, for her support and providing additional learning to the children. Thank you to Sandy Young in the church office for her assistance, and to the congregation of St Peter’s who continue to support the Preschool.

A special thanks to Tim and Sarah Eldridge (parents), for their extremely generous donation of £260 over the 21/22 year to aid the Preschool in providing the best for the children.

Little Fishes would like to provide special thanks to the following organisations for their kindness and understanding in providing the Preschool with grants which were invaluable in covering costs this year:

Lions Club of Maidenhead – Grant of £250
Marsh Meadows Trust – Grant of £500
GR.IT Consultancy – Donation of 2 laptops

Final thanks go to the Committee, parents, and other community stakeholders for their constant support of the Preschool, be it organising or attending fundraising events or promoting the Preschool.

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REGISTERED CHARITY N[O] : 1070343

ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

INDEPENDENT EXAMINER

The Preschool is required under the Charities Act of 1993 to have an Independent examination of its accounts. This year we owe thanks to Stephen Lawrence for his complimentary review of the financial statements.

DECLARATION

The Trustees have approved the report.

Page 7 of 10

REGISTERED CHARITY N[O] : 1070343

ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

INDEPENDENT EXAMINER’S REPORT

TO THE TRUSTEES OF ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

I report on the Annual Accounts of The Trust for the financial year ended 31 August 2022, which are set out on pages 9 and 10.

RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES & EXAMINER

As the charity’s Trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (The Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to my attention.

BASIS OF THE INDEPENDENT EXAMINER’S REPORT

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An 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 consequently I do not express an audit opinion on the view given by the accounts.

INDEPENDENT EXAMINERS STATEMENT

In connection with my examination no matter has come to my attention:

which gives me reasonable cause to believe that in any material respect the requirements
a. to keep accounting records in accordance with section 41 of the act, and
b. to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act

have not been met, or

to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.

Page 8 of 10

REGISTERED CHARITY N[O] : 1070343

ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

STATEMENT OF FINANCIAL ACTIVITIES

		Financial Statement for the Year Ended 31 August 2022	Financial Statement for the Year Ended 31 August 2022	Financial Statement for the Year Ended 31 August 2022	Financial Statement for the Year Ended 31 August 2022	Financial Statement for the Year Ended 31 August 2022	Financial Statement for the Year Ended 31 August 2022	Financial Statement for the Year Ended 31 August 2022
		Income and Expenditure Account

			*FY 21/22* Cash Accounting 1 Sep 21 to 31 Aug 22			*FY 20/21* Cash Accounting 1 Sep 20 to 31 Aug 21


				£	£		£	£
Di	rect Income
	RBWM funding			108,633.80			69,052.30
	Session Fees			6,754.69			6,059.00
	Deposits			200.00			200.00
	Grants		Note 4	5,750.00			5,000.00
	Bank Interest			3.16			9.21
	Total Receipts				121,341.65			80,320.51

Di	rect Costs
	Staff Costs			(78,050.12)			(56,588.58)
	AgencyWorker Costs			-			(5,635.68)
	Rent			(11,368.50)			(8,775.00)
	Professional Services & Subscriptions			(702.00)			(703.83)
	Arts & Crafts,Cooking& Gardening			(217.22)			(84.33)
	School Equipment & Resources		Note 3	(2,012.47)			(2,105.36)
	Telephone & Internet			(447.54)			(425.41)
	Admin & Stationery			(246.38)			(122.08)
	IT Software & Consumables			(235.63)			(411.67)
	Marketing			(372.17)			(2,050.92)
	Recruitment			(1,494.60)			(142.00)
	Staff Training			(453.82)			-
	Staff Uniform			-			(415.25)
	Total Direct Costs				(95,600.45)			(77,460.11)

Co	ntribution of Fees to Overheads				25,741.20			2,860.40

Ov	erheads
	Refreshments,Consumables & Cleaning			(1,051.85)			(809.84)
	Childrens Entertainment,Trips & Gifts			(460.71)			(560.16)
	IT Hardware			(564.46)			(789.96)
	Staff & Committee Gifts,Outings			(313.00)			(659.49)
	Miscellaneous			-			-
	PettyCash			-			-
	Total Overheads				(2,390.02)			(2,819.45)

Surplus/ (Deficit) before Fundraising					23,351.18			40.95

Fundraising
	FundraisingIncome			5,949.41			5,831.77
	FundraisingExpenditure			(1,947.07)			(490.54)
	Total Net Fundraising		Note 2		4,002.34			5,341.23

Surplus/ (Deficit) after Fundraising					27,353.52			5,382.18



	Balance b/f		Note 1	60,629.41			55,247.23

	Balance c/f			87,982.93			60,629.41

					27,353.52			5,382.18

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REGISTERED CHARITY N[O] : 1070343

ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

NOTES TO THE INCOME AND EXPENDITURE ACCOUNT

		Financial Statement for the Year Ended 31 August 2022	Financial Statement for the Year Ended 31 August 2022	Financial Statement for the Year Ended 31 August 2022	Financial Statement for the Year Ended 31 August 2022	Financial Statement for the Year Ended 31 August 2022
		Notes to the	Income and Expenditure Account

No	*te 1: Cash & Bank Balance*			1 Sep 21	31 Aug 22 Movement
	Barclays Current Account			28,901.14	56,251.50
	Barclays Savings Account			31,728.27	31,731.43
	Total Balance Per Cashbook			60,629.41	87,982.93	27,353.52

No	*te 2: Fundraising*			Income	Expenditure Net
	Parental Contribution			768.50	-	768.50
	Gift Aid			-	-	-
	Scoot-athon			306.40	(29.50)	276.90
	Summer Fair/Raffle/Auction			1,575.70	(532.04)	1,043.66
	Easter EggTrail			56.71	-	56.71
	Bags 2 School			139.30	-	139.30
	Charitable Donation			-	-	-
	EasyFundraising			158.44	-	158.44
	Christmas Fair/Raffle/Auction			1,602.64	(790.09)	812.55
	Smartie Tubes			97.51	(22.78)	74.73
	School Photograph			82.82	-	82.82
	Amazon Smile			53.15	-	53.15
	Pre-School Uniform & Bags			451.00	(278.50)	172.50
	Church Services(Harvest,Nativity,Easter)			285.30	(64.00)	221.30
	FP Hall Centenary			18.40	(15.16)	3.24
	T Towel			255.70	(204.00)	51.70
	Christmas Cards			33.80	-	33.80
	Craft Packs			-	-	-
	Ice Cream Sales			64.04	(11.00)	53.04
	Total Net Fundraising			5,949.41	(1,947.07)	4,002.34

No	*te 3: School Equipment & Resources*			Expenditure
	Traffic light behaviour chart			6.99
	paper shredder			53.99
	changingmat			7.49
	CD Player			59.99
	Playdough			21.99
	Large rectangular mirror			55.64
	Foam bricks for construction			104.98
	InfinityMirror & All about me mirror			43.03
	Darlenepurchase of toys no longer needed			-25.00
	Playsand			18.20
	Sports daymedals			13.99
	Core books			20.04
	Core books			81.09
	Rocketgame			8.73
	fishing games			16.97
	Magnetic buildingblocks			£26.99
	Large ice ball maker			£7.99
	Fish Shaped Ice Cube Tray,Blue			10.4
	Penguin Ice Cube Tray			13.98
	Superhero satin capes			13.59
	Cookerybooks & Blender			61.98
	Wooden ice hammers			17.98
	Walkingropes x 2			32.96
	Worrymonster toy			9.75
	Superhero lotto & books			23.17
	core books			10.92
	core books			3.57
	Indoor foldingDen + delivery			356.83
	EY Small logseat set of 3			130.90
	EY Large logbolster x2			319.90
	EY Logseatpads set of 6			156.71
	EY Fern bean bags set of 2			134.76
	EY at one nature leaf carpet			191.98

	Total School Equipment & Resources			2,012.47

No	*te 4: Grant Expenditure*			B/F	Utilised Returned		Remaining
	Berkshire CommunityFoundation			437.46	-		437.46
	National LotteryCommunityFund			214.36	-		214.36
	Spoore MerryRixman Foundation			3,300.02	1,179.36		2,120.66
	Lion Club of M'head			250.00	250.00		-
	Total Grant Expenditure			4,201.84	1,429.36	-	2,772.48

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ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

REPORT AND UNAUDITED ACCOUNTS

CONTENTS

TRUSTEES ANNUAL REPORT

LEGAL & ADMINISTRATIVE

TABLE OF TRUSTEES:

GOVERNING DOCUMENT:

OBJECTIVES OF THE CHARITY:

STRUCTURE AND MANAGEMENT:

REVIEW OF THE FINANCIAL AFFAIRS AND ACTIVITIES

10. Accounting Policies:

11. Employees:

THANKS

INDEPENDENT EXAMINER

DECLARATION

INDEPENDENT EXAMINER’S REPORT

TO THE TRUSTEES OF ST PETERS FURZE PLATT LITTLE FISHES PRESCHOOL

RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES & EXAMINER

BASIS OF THE INDEPENDENT EXAMINER’S REPORT

INDEPENDENT EXAMINERS STATEMENT

STATEMENT OF FINANCIAL ACTIVITIES

NOTES TO THE INCOME AND EXPENDITURE ACCOUNT