LANGTOFT PRE-SCHOOL
Registered Charity Number 1076471
ANNUAL REPORT AND STATEMENT OF ACCOUNTS YEAR ENDED 31 AUGUST 2021
STEPHENSON SMART & CO CHARTERED ACCOUNTANTS 36 TYNDALL COURT COMMERCE ROAD LYNCHWOOD PETERBOROUGH PE2 6LR
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LANGTOFT PRE-SCHOOL
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 AUGUST 2021
The Charity’s trustees present their report for the year ended 31 August 2021.
Langtoft Pre-School is registered with the Charity Commissions number 1076471 and is constituted as an unincorporated association. Its address is The Sports Pavillion, Manor Close, Langtoft, Lincs, PE6 9NB.
The Charity Trustees who acted during the year ended 31 August 2021 were:
D Ferdinand -Chair A Moohan -Secretary V France -Treasurer
Structure, governance and management
A management committee administers the charity. The committee members comprise the charity’s trustees. The trustees are elected or appointed at committee meetings held during the period, with the officers being elected first. The trustees meet at least three times per year together with an Annual General Meeting.
Members of the Management Committee are elected or appointed on an annual basis, with the officers being elected from the membership of the Managing Committee.
The pre-school has neither custodian nor corporate trustees.
The Pre-School is a member of the Pre-School Learning Alliance.
The Pre-School is regulated by Ofsted and has policies in place to ensure correct procedures are met. The last inspection was carried out on the 19 July 2019 and copies of the report can be found on the Ofsted website.
Objectives and activities
The object of the Charity is to enhance the development and education of children of pre-school age.
This is achieved by encouraging the children to take part in group activities using appropriate play facilities.
The Charity was staffed by 5 regular supervisors in the year to 31 August 2021.
The last Ofsted visit was in July 2019 and the overall conclusion of the visit was the provision was *good’. The management committee have taken action in respect of the two specific recommendations raised by Ofsted to further improve the quality of the early years provision. The trustees strive to ensure a high level of achievement is maintained and built on.
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LANGTOFT PRE-SCHOOL
TRUSTEES ANNUAL REPORT (CONTINUED)
YEAR ENDED 31 AUGUST 2021
Objectives and activities (continued)
Langtoft Pre-School aims to provide the best possible educational start for the children in a clean, safe and stimulating environment where educational, social and physical development can be fostered.
The Covid 19 pandemic has hit the preschool hard with regards to the number of children attending. We utilised the furlough scheme where we could and reduced the number of staff hours and relied heavily on grants that were made available. We are starting to see an increase in the numbers of children applying to attend as parents feel more confident once again. This is a real positive and we hope this to continue over the new school year. We have produced a new website and advertised locally to increase our visibility within the local area.
Financial review
The trustees considered the financial performance of the charity for the year under review to be satisfactory.
The Pre-school continues to receive Lincolnshire County Council educational funding and in addition has received a £2,800 Covid 19 Support Grant which was administered by the South Kesteven District Council. The preschool also claimed furlough funding during this period. With these funds the Preschool is confident that it can operate for the 2021/22 academic year.
In common with such organisations the financial position is constantly monitored and forecasts of budgets reviewed regularly, as such the trustees consider the financial position to be satisfactory and no changes to the present position are anticipated within the foreseeable future. The trustees are constantly reviewing the Reserves Policy.
The trustees aim to hold reserves to enable us to meet any unforeseen expenditure that may occur and also to ensure that we can meet our statutory liabilities.
At the 31 August 2021 we held cash reserves of £7,466.
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On behalf of the trustees
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‘D Ferdinand
Chair
Approved by the trustees on IV4h Z (an
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF LANGTOFT PRE-SCHOOL
YEAR ENDED 31 AUGUST 2021
I report to the charity trustees on my examination of the accounts of the charity for the year ended 3] August 2021 which are set out on pages 4 to 6.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act andCommissionin carryingunderout mysection examination145(5)(b)Jhaveof the followedAct. all the applicable Directions given by the Charity
Independent examiner's statement
I have completed my examination. I confirm 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 records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be —¥fLA_~“—-Keetryreached,Hilliard ACA: FCCA CTA Chartered Accountant
Stephenson Smart & Co 36 Tyndall Court Commerce Road Lynchwood Peterborough PE2 6LR
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LANGTOFT PRE-SCHOOL RECEIPTS AND PAYMENTS ACCOUNT YEAR ENDED 31 AUGUST 2021
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||||||||
|---|---|---|---|---|---|---|
|2021|2020|
|£|£|=|£|
|GENERAL|FUND|
|Receipts|
|Early|year grants|(Lincs|County|Council)|37,682|49,403|
|Fees|2,959|7,516|
|Voluntary|contributions|225|135|
|Fundraising|events|3,617|987|
|Donations|1,782|4,878|
|Clothing|-|30|
|Hire|of building and|contributions|600|480|
|Sundry|“|1,815|
|COVID-19|Grant|-|10,000|
|Furlough|income|6,997|-|
|Registration|fees|150|_|[60]|
|54,012|75,304|
|Payments|
|Wages|and pension|45,644|51,118|
|Training|12]|-|
|Materials|and|equipment|1,937|3,589|
|Refreshments|and|milk|248|44]|
|Postage,|stationery|and|advertising|6|37|
|Telephone|437|360|
|PLA|membership|and|OFSTED|fee|1,091|873|
|Buildings|insurance|788|888|
|Electricity|1,737|2,567|
|Rates|739|568|
|Water|rates|3,021|1,806|
|Building|maintenance|1,472|527|
|Waste|disposal|751|827|
|Clothing,|including|staff uniforms|-|-|
|Accounts|312|300|
|Petrol|claims|-|-|
|Cleaning|12|180|
|Sundry|197|738|
|(58,513)|(64,819)|
|Net|receipts|(payments)|for|the year|(4,501)|10,485|
|Balance at|1|September 2020|11,967|1,482|
|Balance at|31|August 2021|£|7,466|£|11,967|
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LANGTOFT PRE-SCHOOL
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 AUGUST 2021
| GENERALFUND | 2021 | 2020 |
|---|---|---|
| £ | £ | |
| Monetary Assets | ||
| HSBC current account HSBC deposit account |
7,365 - |
11,860 - |
| HSBC savings account | - | - |
| Cash in hand | 101 | 107 |
| £ 7,466 | £ 11,967 | |
| Represented by: | ||
| General funds | 7,466 | 11,967 |
| Restricted funds | - | : |
| £7,466 | £11,967 |
Approved and signed on behalf of the trustees on ZU.L} isZZ
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D Ferdinand - Chair
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LANGTOFT PRE-SCHOOL
NOTES TO THE ACCOUNTS
YEAR ENDED 31 AUGUST 2021
!. Accounting Policies
These accounts have been prepared on a receipts and payments basis in accordance with the Statement of Recommended Practice ‘Accounting by Charities’,
2. Liabilities
On 25" April 2005 a 25 year lease of £1 per year (annual peppercorn rent, if demanded) was granted by the County Council.
As agreed with the County Council, no rates were charged for the period April 2005 to March 2006. From April 2006 the rates charge was reduced by 80% under concessionary rate relief for charities.
3. Stocks
Stock of clothing held at 31 August 2021 have not been accounted for in the receipts and payments account.
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