2021-08-31-accounts - Parson Drove Pre-School

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Trustees’ Annual Report for the period

From 01/09/2020 Period start date To 31/08/2021 Period end date

Charity name: Parson Drove Pre-school

Charity registration number: 1079441

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The objectives of the charity are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by… a) Offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunity for all children whatever their race, culture, religion, means or ability; b) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas; c) Instigating and adhering to and furthering the aims and objects of the Early Years Alliance.
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
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18

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

SORP reference Policy on grant making Not relevant Para 1.38

Not relevant Para 1.38 Policy on social investment including program related investment Not relevant Para 1.38 Contribution made by volunteers 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	During the COVID-19 Pandemic we have remained open following Government guidelines. Fundraising was limited to a Teddy Bear’s Picnic at the end of the summer term, 2021. We applied for a grant to allow us to add a parent’s covered area at our entrance. This covered area has been beneficial with restricted meeting options…it is mostly open to good ventilation.

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

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
	Para 1.41

Investment performance against objectives Not relevant Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Overall, we are in a comfortable position and do not foresee any issues going forwards.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	To have sufficient funds (reserves) in our bank account(s) at the end of each term to cover basic running costs for the beginning of the next. (Minimum of three months, preferably six). These funds will also cover any redundancies and repairs to the internal structure of the building.
Amount of reserves held	Para 1.22	£36392.66
Reasons for holding zero reserves	Para 1.22	n/a
Details of fund materially in deficit	Para 1.24	n/a
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	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 majority of our funds come from Government funding for 2,3 and 4 year-old children. Fundraising comes in the form of bingo’s, Christmas Fairs and Teddy Bear picnics.
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	Possible ongoing pandemic and fewer children attending.
Other		All of our expenditure goes towards fulfilling our key objectives, building upkeep/utilities with the majority being spent on staffing.

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	Affiliated with the Early Years Alliance adopted annually at the AGM
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	Elected by other committee members and approved by Ofsted.

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	Policies and procedures adopted and adhered to are Early Years Alliance and Safeguarding model policies provided by Cambridgeshire County Council.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	The pre-school has a committee comprising of a Chairperson, a Treasurer, a Secretary and other members (Early Years Manager and the Headteacher of the on-site Primary School.
Relationship with any related parties	Para 1.51	n/a
Other

Reference and Administrative details

Charity name	Parson Drove Pre-school
Other name the charity uses	n/a
Registered charity number	1079441
Charity’s principal address	Main Road Parson Drove Wisbech Cambs PE13 4JA

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee (ifany)
Sheree Richardson	Chairperson	Ofsted
Alice Simpson	Secretary	Ofsted
Lorraine Dudley	Treasurer	Ofsted
Sue Blyth		Ofsted
Carol Grooms	Manager	Ofsted

– 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 adviser Name Address	Type of adviser Name Address	Type of adviser Name Address	Type of adviser Name Address




Name of chief executive or names of senior staff members (Optional information)
Carol Grooms Manager
Exemptions from disclosure Reason for non-disclosure of key personnel details n/a
	n/a

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
	Lorraine Dudley	Alice Simpson
	Treasurer	Secretary
	4thFebruary 2022
	4thFebruary 2022

Parson Drove Pre School Income and Expenditure for the year 2020 - 2021 1 S8ptsmbar1020. 31 August 2021 Wages £ 59,454.19 £ 12.552.00 Ntc Insular I membership fè&s Consumobles £ 4,458.76 £ 875.38 £ 757.06 Govemment Funding 202 2021 Govemmonl Funding 2021 - 2022 Fund R8lslNJ £89,567.87 EqUIpnt £ 2.501.67 £0.00 £0.00 Admin Pgty Cash Pension contibutions Food ltsms Other costs Inc tralnlng I repal All servlces. r8tes & ront £ 1,99020 £ 4.059.97 £ 2.026.17 521.91 Cthèr rèfijnds Ilncom £ 1,028.00 Cther grants £ 1,615.00 £ 8.516.61 £ 1,519.98 Totsl Income £ 104.762.87 Totsl &xpondltur& £ 86,681J8 ExcM• of Incom• ov•r•xpondltur• £ 18,080.99 PARSON OROVE PRE SCHOOL BANK RECONCILIATION OPENING BANK BALANCE at 1 SeptenJgr 2020 CLOSING BALANCE C8hbook 31 Augu8t2021 £ 32 058.51 £ 50,139JO Unreconclled bj bank staiement Pald In £ 104,762.87 £ 0.00 PgSd out t 88,681.88 CLOSING BALANCE per bank 6tatemenl 31 AiJ9U$t 2021 CURRENT BALANCE at31 August2021 50 139.80 £ 50 139.$0 ¢uTront Account £ $0,139JO As of 31 Aug 2021 aeeount Funds pald In Funds withdrawn £36,388.98 As of 1 S6pt6mber 2020 Reserve Interest £3,68 £ 36 392.66 ReseNe as of 31 Aug 2021 £ 86 S32.16 As of31 Aug 2021 Total lund• l ¢8fy these figures reflectthe true position ofthe alx)vefvnd forlhe year 202(k2021 Gillian Ross 4 November2021

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner'5 Report Report to the trusteesl mombfrrs of Parson Drove Pre-school Committee On accounts for the year ended Charlty no (if any) 31 August 2021 1079441 Set out on pages I report to the trustees on my examination of the accounts of the above charity (kne Trusl") for the year ended Responslbilltles and As the charity trustees of the Trust, you are responsible for the preparation basls of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515)(bl of the Act. I have completed my examination. I confim that no materlal matters have come to my attention in connecllon with the examination which glves me cause to believe that in, any material respect: accounting records werg not kopl in aeLordance with section 130 of Ihe Act or the accounts do not accord wlth the aceLJunting r8cords Independent oxamlnarfs statement I have no conc8ms and have corrE across no olh8r matters in connection with the examination to which attention should be drawn In order to 8nabie a proper understanding of the accounts to be reached, Slgnèd: Date: 5 November 2021 Name: Gillian Ross Relevant professlonal quallficatlon($l or body (If any).. Address: 47 Garnsgate Road, Long Sutton, Lincolnshi, PE12 9BT Section B Disclosure Only complete if the examiner needs to highlight matters of cOnM (see CC32. Sndependent examination of charity accounts: directions and guidance for examiners). IER October 2018

Give herè brief details of any items that the examlner wlshes lo disclose. IER October 2018