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2024-08-31-accounts

ALPINGTON & YELVERTON PRESCHOOL

TRUSTEES REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2024

Charity Number: 1072330

ALPINGTON & YELVERTON PRESCHOOL Charity Number : 1072330

Trustees Annual Report

Reference and Administration Details

Charity’s principal address

The Village Hall, Church Road, Alpington, Norwich, Norfolk, NR14 7NU.

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for the whole year
Suzi Whiting Resigned 28thFebruary 2024
Laila Goodbody
Jen Cushing Resigned 28thFebruary 2024
Amy Allman Chair
Sarah Heelas Treasurer
Laura Sneddon
Joanne Barlow Resigned 28thFebruary 2024

Structure, Governance and Management

Description of the charity’s trusts:

Type of governing document Constitution dated 20 May 1998
How the charity is constituted Association
Trustee selection methods Elected by members

Objectives and Activities

The aim of the Charity is to advance the education of children below compulsory school age in Alpington & Yelverton.

When planning the activities for the year, the Trustees have considered the Charity Commission’s guidance on public benefit. In particular, The Trustees have sought to:

(a) provide safe and satisfying group play in which parents have the right to take part; and

(b) encourage other charitable activities through which parents may help children.

Trustee Responsibilities

The Trustees are accountable for the overall safety and wellbeing of the children as well as managing staff. They are also responsible for the overall running of the Preschool and ensuring that any monies received are managed and controlled effectively to meet the objectives of the Preschool.

1

ALPINGTON & YELVERTON PRESCHOOL Charity Number : 1072330

Trustees Annual Report

Risk Management and Reserves

The Trustees seek to maintain good governance across the organisation and to operate within best practice. The Trustees aim to hold sufficient cash in reserve at any time to enable the organisation to fulfil its objects and to meet any unforeseen expenditure that may fall due. At 31 August 2024 the organisation held cash funds amounting to £9,409.34. The Trustees consider that the position is precarious to continue the support of the Preschool in future years and this is being attempted to be addressed with a drive to increase numbers, assess staff hours and a push for fundraising.

Achievements and Performance

First and foremost, a huge thank you to our incredible staff team. Your dedication, creativity, and tireless enthusiasm continue to make Cottontails a warm, nurturing, and stimulating environment for every child who walks through our doors. Whether it’s through imaginative play, thoughtful learning activities, or quiet moments of support, your work makes a lasting impact on the children and families we serve. The joy, resilience, and curiosity we see in the children every day are a testament to your hard work.

This year has brought with it both new opportunities and challenges, and I’m proud to say our team has met each one with professionalism, passion, and adaptability.

To our committee members, thank you for your invaluable support behind the scenes. As a community-led preschool, we rely heavily on your time, commitment, and expertise. Whether you’ve helped with fundraising, governance, staffing, maintenance, or events, your contributions have ensured the smooth running of our setting and helped lay the groundwork for our continued success. Your collaborative spirit and shared vision are what help Cottontails thrive.

Together, we’ve celebrated wonderful events, invested in new resources, and continued to develop our preschool in line with the children’s needs and interests. From our festive celebrations to outdoor learning initiatives, these shared moments have strengthened our sense of community and created lasting memories for our families.

Financial Review

Overview

The accounts which have been prepared on a receipts and payments basis show a net surplus for the year of £4,543.76 (2023: deficit £5,644.97).

Fees and Funding

Fees and funding have increased. Numbers were lower in September and increased throughout the year.

Fundraising

Our fundraising income decreased during the year.

2

Wages

Wages costs decreased by approximately 4% this year.

Rent

Full rent was paid during the year as the Preschool was open all year. The hourly rate charged by the Village Hall remained at £10 per hour.

Petty Cash

There were no transactions in cash during the year and the balance in cash is zero.

3

ALPINGTON & YELVERTON PRESCHOOL Charity Number : 1072330

Trustees Annual Report

Declaration

The Trustees declare they have approved the Trustee’s Report above.

Signed on behalf of the Charity’s Trustees:

Signature

Date

Full Name

Position

4

ALPINGTON & YELVERTON PRESCHOOL Charity Number : 1072330

Independent Examiner’s Report to the Trustees of Alpington & Yelverton Preschool

I report on the accounts of the Preschool for the year ended 31 August 2023 which are set out on pages 6 and 7.

Respective Responsibilities of Trustees and Examiner

The Charity’s Trustees are responsible for the preparation of the Accounts. The Charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act 20211 (The Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 disclosure in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view“ and the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

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

have not been met; or

Signature

Date

Name Address

Professional Qualification

5

ALPINGTON & YELVERTON PRESCHOOL Charity Number : 1072330

Statement of Financial Activities for the Year Ended 31 August 2024

Unrestricted Restricted TOTAL 2023
£ £ £ £
Receipts
Fees from parents 17,306.00 - 17,306.00 20,135.58
Gross fundraising proceeds 338.20 - 338.20 1,624.56
Donations 326.12 - 326.12 25.44
Government voucher funding 63,681.40 - 63,681.40 32,235.12
Maternity pay provision 7,539.51 - 7,539.51 -
Deposits 180.00 - 180.00 330.00
Craft and snack income 235.00 - 235.00 421.50
Interest received 22.11 - 22.11 1.62
__ __ __ ___
Total Receipts 89,628.34 - 89,628.34 54,773.82
Payments
Wages 69.879.94 - 69,879.94 45,411.59
Rent 9,695.44 - 9,695.44 9.554.89
Courses and training 281.00 - 281.00 455.00
Office expenses 330.50 - 330.50 263.86
Postage, stationery and telephone 858.50 - 858.50 527.84
Annual subscriptions 295.00 - 295.00 530.74
Insurance 706.33 - 706.33 666.88
Bookkeeping 817.25 - 817.25 770.70
School uniform 42.48 - 42.48 122.59
Cleaning equipment 292.61 - 292.61 250.59
Toys and equipment 183.07 - 183.07 174.24
Art and craft materials 84.88 - 84.88 257.01
Food, snacks and drinks 776.91 - 776.91 727.03
Fundraising expenses 256.60 - 256.60 243.30
Other expenses 584.17 - 584.17 462.53
_______ _______ _______ ______
Total Payments 85,084.58 - 85,084.58 60,418.79
___ __ __ __
Net Receipts / (Payments) 4,543.76 - 4.543.76 (5,644.97)
___ __ __ __
Cash Funds brought forward 4,343.35 522.23 4,865.58 10,510.55
Cash Funds carried forward 8,887.11 522.23 9,409.34 4,865.58

6

ALPINGTON & YELVERTON PRESCHOOL

Charity Number : 1072330

Statement of Assets and Liabilities at 31 August 2024

Unrestricted Restricted TOTAL
£ £ £
Cash Funds
Santander – current account 3,945.63 522.23 4,467.86
Santander – high interest deposit account 4,941.48 - 4,941.48
Petty cash - - -
__ __ __
8,887.11 522.23 9,409.34
__ __ __

Assets Retained for the Charity’s Own Use

The majority of assets held are toys and equipment, including a computer for use by the children and a digital camera and printing equipment for recording key moments for the children’s learning stories. These is also a lockable filing cabinet containing staff records, past financial records etc.

Liabilities

The preschool owes £277.64 to HM Revenue and Customs in respect of Paye deducted from wages at 31 August 2024.

7

ALPINGTON & YELVERTON PRESCHOOL

TRUSTEES REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2024

Charity Number: 1072330

ALPINGTON & YELVERTON PRESCHOOL Charity Number : 1072330

Trustees Annual Report

Reference and Administration Details

Charity’s principal address

The Village Hall, Church Road, Alpington, Norwich, Norfolk, NR14 7NU.

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for the whole year
Suzi Whiting Resigned 28thFebruary 2024
Laila Goodbody
Jen Cushing Resigned 28thFebruary 2024
Amy Allman Chair
Sarah Heelas Treasurer
Laura Sneddon
Joanne Barlow Resigned 28thFebruary 2024

Structure, Governance and Management

Description of the charity’s trusts:

Type of governing document Constitution dated 20 May 1998
How the charity is constituted Association
Trustee selection methods Elected by members

Objectives and Activities

The aim of the Charity is to advance the education of children below compulsory school age in Alpington & Yelverton.

When planning the activities for the year, the Trustees have considered the Charity Commission’s guidance on public benefit. In particular, The Trustees have sought to:

(a) provide safe and satisfying group play in which parents have the right to take part; and

(b) encourage other charitable activities through which parents may help children.

Trustee Responsibilities

The Trustees are accountable for the overall safety and wellbeing of the children as well as managing staff. They are also responsible for the overall running of the Preschool and ensuring that any monies received are managed and controlled effectively to meet the objectives of the Preschool.

1

ALPINGTON & YELVERTON PRESCHOOL Charity Number : 1072330

Trustees Annual Report

Risk Management and Reserves

The Trustees seek to maintain good governance across the organisation and to operate within best practice. The Trustees aim to hold sufficient cash in reserve at any time to enable the organisation to fulfil its objects and to meet any unforeseen expenditure that may fall due. At 31 August 2024 the organisation held cash funds amounting to £9,409.34. The Trustees consider that the position is precarious to continue the support of the Preschool in future years and this is being attempted to be addressed with a drive to increase numbers, assess staff hours and a push for fundraising.

Achievements and Performance

First and foremost, a huge thank you to our incredible staff team. Your dedication, creativity, and tireless enthusiasm continue to make Cottontails a warm, nurturing, and stimulating environment for every child who walks through our doors. Whether it’s through imaginative play, thoughtful learning activities, or quiet moments of support, your work makes a lasting impact on the children and families we serve. The joy, resilience, and curiosity we see in the children every day are a testament to your hard work.

This year has brought with it both new opportunities and challenges, and I’m proud to say our team has met each one with professionalism, passion, and adaptability.

To our committee members, thank you for your invaluable support behind the scenes. As a community-led preschool, we rely heavily on your time, commitment, and expertise. Whether you’ve helped with fundraising, governance, staffing, maintenance, or events, your contributions have ensured the smooth running of our setting and helped lay the groundwork for our continued success. Your collaborative spirit and shared vision are what help Cottontails thrive.

Together, we’ve celebrated wonderful events, invested in new resources, and continued to develop our preschool in line with the children’s needs and interests. From our festive celebrations to outdoor learning initiatives, these shared moments have strengthened our sense of community and created lasting memories for our families.

Financial Review

Overview

The accounts which have been prepared on a receipts and payments basis show a net surplus for the year of £4,543.76 (2023: deficit £5,644.97).

Fees and Funding

Fees and funding have increased. Numbers were lower in September and increased throughout the year.

Fundraising

Our fundraising income decreased during the year.

2

Wages

Wages costs decreased by approximately 4% this year.

Rent

Full rent was paid during the year as the Preschool was open all year. The hourly rate charged by the Village Hall remained at £10 per hour.

Petty Cash

There were no transactions in cash during the year and the balance in cash is zero.

3

ALPINGTON & YELVERTON PRESCHOOL Charity Number : 1072330

Trustees Annual Report

Declaration

The Trustees declare they have approved the Trustee’s Report above.

Signed on behalf of the Charity’s Trustees:

Signature

Date

Full Name

Position

4

ALPINGTON & YELVERTON PRESCHOOL Charity Number : 1072330

Independent Examiner’s Report to the Trustees of Alpington & Yelverton Preschool

I report on the accounts of the Preschool for the year ended 31 August 2023 which are set out on pages 6 and 7.

Respective Responsibilities of Trustees and Examiner

The Charity’s Trustees are responsible for the preparation of the Accounts. The Charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act 20211 (The Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 disclosure in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view“ and the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

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

have not been met; or

Signature

Date

Name Address

Professional Qualification

5

ALPINGTON & YELVERTON PRESCHOOL Charity Number : 1072330

Statement of Financial Activities for the Year Ended 31 August 2024

Unrestricted Restricted TOTAL 2023
£ £ £ £
Receipts
Fees from parents 17,306.00 - 17,306.00 20,135.58
Gross fundraising proceeds 338.20 - 338.20 1,624.56
Donations 326.12 - 326.12 25.44
Government voucher funding 63,681.40 - 63,681.40 32,235.12
Maternity pay provision 7,539.51 - 7,539.51 -
Deposits 180.00 - 180.00 330.00
Craft and snack income 235.00 - 235.00 421.50
Interest received 22.11 - 22.11 1.62
__ __ __ ___
Total Receipts 89,628.34 - 89,628.34 54,773.82
Payments
Wages 69.879.94 - 69,879.94 45,411.59
Rent 9,695.44 - 9,695.44 9.554.89
Courses and training 281.00 - 281.00 455.00
Office expenses 330.50 - 330.50 263.86
Postage, stationery and telephone 858.50 - 858.50 527.84
Annual subscriptions 295.00 - 295.00 530.74
Insurance 706.33 - 706.33 666.88
Bookkeeping 817.25 - 817.25 770.70
School uniform 42.48 - 42.48 122.59
Cleaning equipment 292.61 - 292.61 250.59
Toys and equipment 183.07 - 183.07 174.24
Art and craft materials 84.88 - 84.88 257.01
Food, snacks and drinks 776.91 - 776.91 727.03
Fundraising expenses 256.60 - 256.60 243.30
Other expenses 584.17 - 584.17 462.53
_______ _______ _______ ______
Total Payments 85,084.58 - 85,084.58 60,418.79
___ __ __ __
Net Receipts / (Payments) 4,543.76 - 4.543.76 (5,644.97)
___ __ __ __
Cash Funds brought forward 4,343.35 522.23 4,865.58 10,510.55
Cash Funds carried forward 8,887.11 522.23 9,409.34 4,865.58

6

ALPINGTON & YELVERTON PRESCHOOL

Charity Number : 1072330

Statement of Assets and Liabilities at 31 August 2024

Unrestricted Restricted TOTAL
£ £ £
Cash Funds
Santander – current account 3,945.63 522.23 4,467.86
Santander – high interest deposit account 4,941.48 - 4,941.48
Petty cash - - -
__ __ __
8,887.11 522.23 9,409.34
__ __ __

Assets Retained for the Charity’s Own Use

The majority of assets held are toys and equipment, including a computer for use by the children and a digital camera and printing equipment for recording key moments for the children’s learning stories. These is also a lockable filing cabinet containing staff records, past financial records etc.

Liabilities

The preschool owes £277.64 to HM Revenue and Customs in respect of Paye deducted from wages at 31 August 2024.

7

ALPINGTON & YELVERTON PRESCHOOL Charity Number : 1072330

Independent Examiner’s Report to the Trustees of Alpington & Yelverton Preschool

I report on the accounts of the Preschool for the year ended 31 August 2023 which are set out on pages 6 and 7.

Respective Responsibilities of Trustees and Examiner

The Charity’s Trustees are responsible for the preparation of the Accounts. The Charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act 20211 (The Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 disclosure in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view“ and the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

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

have not been met; or

Signature Date 18.7.25 Name Nicola Sturdivant Address Greenacres Church Road Professional MAAT Little Ellingham Qualification Norfolk NR17 1JN

5