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2023-08-31-accounts

Trustees’ Annual Report for the period

From Period start date 1-Sep-22 To Period end date 31-Aug-23

Charity name: Little Sparks Preschool

Charity registration number: 1079011

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 TO ADVANCE THE EDUCATION OF CHILDREN
BELOW COMPULSORY SCHOOL IN NORWICH A)
PROVIDING SAFE AND SATISFYING GROUP
PLAY, IN WHICH PARENTS HAVE THE RIGHT TO
TAKE PART B) ENCOURAGING OTHER
CHARITABLE ACTIVITIES THROUGH WHICH
PARENTS MAY HELP 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		 We provide a curriculum around the
Early Years Foundation Stage for
children 2-5 years, children access 15 or
30 hours per week (funding entitlement)
encourage parents to take part in their
children’s learning and development
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 Yes, Trustes made aware

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38

Contribution made by volunteers N/A 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 are raising the attainment level
through the Early Years Curriculum of
our preschool children to ensure when
they transition to school they have the
foundation in place to continue with
their education.
Parents are informed of their children’s
learning and development including
what kind of learner their child is.
Families signposted to multi-agencies
to further help, support and advise

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41 Children’s progress is monitored
throughout their time at the setting
using developmental strands/Wellcomm
programme and those needing extra
help and support are referred to relevant
agencies, parents/carers are involved in
children’s learning with termly feedback
Performance of fundraising
activities against objectives
set		 Para 1.41 Where applicable Trustees would
monitor
Investment performance
against objectives		 Para 1.41 N/A

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 A deficit arose in the year mainly due to
staff costs which has been redressed in the
current year and a surplus is expected.
The Trustees consider the year- end
financial position to be satisfactory and
confirm that the Charity can meet all known
obligations.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Reserves are retained to primarily cover
redundancy costs, and fixed overhead
liabilities.Reserves are are not to be used
for other costs.
Amount of reserves held Para 1.22 £39,609
Reasons for holding zero
reserves		 Para 1.22 Reserves are held
Details of fund materially in
deficit		 Para 1.24 There are no funds in deficit for this
financial year. Receipts and payments
accounts are prepared.
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 Although a deficit arose of £18,600 the
Trustees monitor finances closely and in
the next financial period have ensured that
a surplus is generated, by reducing staff
costs and achieving increased Funding,
therefore the trustees do not have any
concerns that the charity cannot continue
as a going concern.
Additional information (optional)
You may choose to include further statements		 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 Norfolk County Council Early Years
Funding Source
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 Filling spaces in both rooms
Recruitment
Attracting Trustees
Leasing
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 association
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 are proposed and
seconded at the AGM subject to DBS
checks membership is open to any
person over the age of 18 years
interested in furthering our aims

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 Yes
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 We encourage group activities in which
parents may help the children
Supporting families working with
outside agencies
Promoting our Healthy Smiles
Programme supporting teeth cleaning
Relationship with any
related parties		 Para 1.51 Co-operate with other charity, voluntary
bodies and statutory bodies to meet the
aims of our association
Other

Reference and Administrative details

Charity name Little Sparks Preschool
Other name the charity uses Little Sparks Playgroup (Previous name)
Registered charity number 1079011
Charity’s principal address Knowland grove
Norwich
Norfolk
NR5 8YB

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Karen Rowley Chair 17 July2018
Jacqueline Walker Secretary 26 April 2012
Karen Chapman Treasurer 20 April 2021

– Corporate trustees names of the directors at the date the report was approved

Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
Auditor Abacus Accountancy The Willows, Ipswich Rd, Long Stratton, NR15 2TG
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date		 KMRowley JAWalker
Karen Rowley Jackie Walker

Chair		 Secretary
24/06/2023
24/06/2023

Little Sparks Preschool

1079011

Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts

Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts CC16a For the period 01-Sep-22 31-Aug-23 To from

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest £		 Unrestricted
funds
to the nearest £		 Restricted funds
to the nearest £		 Restricted funds
to the nearest £		 Endowment
funds
to the nearest £		 Endowment
funds
to the nearest £		 Total funds
to the nearest £		 Total funds
to the nearest £		 Last year
to the nearest £

Norfolk CountyCouncil Funding		 102,777 - - 102,777 102,766
Fees and Lunch Money 4,820 - - 4,820 7,780
Magdalene Gates Preschool closure - - - - 15,000
SSP Recovery - - - - 270
West Earlham Association - - - - 500
Balancingamount reversal 2021 - - - 5
- - - -
- - - -
Sub total(Gross income for AR) 107,597 - - 107,597 126,320
-
-
-
107,597
92,944
15,075
857
1,137
-
1,105
1,069
855
2,128
79
1,033
159
79
528
2,106
11
5
35
119,205
-
-
-
119,205
- 11,608
-
A2 Asset and investment sales,
(see table).
- -
- -
Sub total - -
Total receipts
A3 Payments
126,320

Payroll		 92,944 - 86,169
Rent 15,075 - 25,125
Insurance 857 - 670
Stationery 1,137 - 2,752
Equipment - - 6,022
Communications and Website 1,105 - 769
Refreshment/Kitchen 1,069 - 836
Administration 855 - 570
Consumables
Staff Training
Repair and Maintenance
TV Licence
DBS Checks & Registrations
Examination of Accounts
Accountancy Fees
Travel
Balancing amount
Sundry Expenses
**Sub total **		 2,128 - 697
79 - 198
1,033
159 - 94
79 - 235
528 - -
2,106
11 - 28
5 - -
35 - -
119,205 - 124,165
-
-
-
119,205
- 11,608
-
47,788
36,180
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
124,165
- 11,608 - - - 11,608 2,155
- - - -
47,788 39,609 - 87,397 85,242
36,180 39,609 - 75,789 87,397

Section B Statement of assets and liabilities at the end of the period

Unrestricted Restricted funds Endowment funds 05/12/2024 funds

CCXX R1 accounts (SS) Categories

1

Details

Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds		 Details
Total cash funds
(agree balances with receipts and payments account(s))
Petty Cash
Details
Details
Details
Signature		 to nearest £
to nearest £
36,123
39,609
57
-
-
36,180
39,609
OK
OK
Unrestricted
funds
Restricted funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which asset
belongs
Cost (optional)
-
-
-
-
-
Fund to which asset
belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name		 to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of approval

CCXX R2 accounts (SS)

05/12/2024

2

The Willows, Ipswich Road Long Stratton, NR15 2TG Tel. 01508 333040 office@abcabacus.co.uk www.abcabacus.co.uk

Independent examiner’s report to the trustees of the “Little Sparks Pre School”

I report on the accounts of the above charity number 1079011 for the year ended 31 August 2023

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (the Act). The charity’s trustees consider that an audit is not required for this year under section 144 of the Act 1993 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 disclosures 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 which gives me reasonable cause to believe that in any material respect:

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 reached.

Peter Bussey FFA FIPA

4[th] December 2024

abc abacus ~ the name you can count on !