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2022-08-03-accounts

QuÈniborou9h Pre-s¢hool Queniborough Prescho(>l Partnershlp- Trurteeg Annual Report: Perlod 3" Ausust 2011~ 3° August 2022 Queniborough Pre-school Partnership. Queniborough Village Hall, Rearsby Road, Queniborough, Leicestershire. LE7 3DH Ofsted Registration Number.. 226290 Registered Charity Number.. 1097613 Chèritable Tru5tee5 Sarah Merrimèn Ichaiipersonl IAppointed I" June 20221 Robert Geary ITrea5urerl (Appointed I" June 20221 Rachael Mi5iuda IAppoSnted 13" March 20181 Veronika Pownall (Appointed 13 March 20181 Felitity Mount (Appointed 13" March 20181 Aimee Soar (Appointed 13, March 20181 Nicola Mansell IAppointed 24" April 20201 Objective5 and Actlvltle5 Queniborough Preschool Partnershlp was establlshed In early 1997 through an agreement between Queniborough Preschool and Queniborough School. Unlike many privately run childcare facilities in business to make a profit for their owners and shareholders, Queniborough Preschool Is a registered charity and run by 3 Voluntary Management Committee of elected parents and residents from the local community. Thi5 means any Surplus income generated by QPS is re- nvested in prov￿dIng quality childcare for our children rather than paying dividends to shareholders. We offer term-time sessions between 9am and 3prn for 2-. 3- and 4-year-olds, focLb5ing on the Early Years Foundation Stage IEYFSI, as Stipulated by the Local Educaiion Auihority. We operate from Queniborough Village Hall and are regi5tefed with Ofsted. Achievements and Performance Following the Of51ed Inspection in january 2022. a new Commtttee was formed. This Committee consists of vv luiil¥¥is li uiii 11, I 11'¢sielei)tisl e8MMUAity ond pjionir A now grorchool mJnJoor wjr Jlro JDDoinio to oversee the day-to-day operational duties. Many thallenges èrose following the outcome of the Ofsted inspection, which required us to take remedial actions and ifflplement improvements. During this difficult period. we also faced funher difficulties due lo the cessation of FEEE lunding, we suffered financial 105se5 because children left our pro¥ision due to the freeze upon funding. UL

Although this has been ? challenging time for the presch¢xil. we are proud to have been able to demonstrate our strengths and reslllence whllsl deallnB Wlth the challenges and have shown a posltlve and initiative- taklng approach to implementing the actions and improvements required by Ofsted. We are looking forward to the Olsted re-in5pection and are keen to demonstrate OLKI high standards and are focused upon providing an excellent quality of care wfchin the setting 2nd on dolivering high calibre èducational spssions. Our parent's and carer'5 community has been incredibly supportive of the CLbrrent situation, and we are confident that we will be able to gr¢)w and develop the Preschool over the forthcomin8 year. Financlal R¢¥lew Slnce our lasi Inspection we have been implementing advertising campaigns, ysing promotional banners, community magaLines and websites. soc131 media and leaflet drops to promote the preschool. Thi5 is beginning to take effect and we afe now seeing an intrease in our child artendance numbers. Open se5sion5 are run re6ularly to hlFher our profile within the community and help to promote us further. these are successfullv 8eneratin8 interest. We will continue to stiSve to posltlvely promote tile pres¢ttool rhroughuuL Llie lorthcoming year and to Increase our child attendance numbers. We are also confident that we wlll achieve the required grode in OUT Ofsted re-inspection which will re-instate our FEEE funding status. The new Committee Members have taken measures to Improve financial accountability and are confldent that QPS can be brou8ht back into profit in the short term. Reser¥es Pollcy It is Preschool policy as advlsed by the Preschool Learnin8 Alliance to m3lntain a balance on unrestricted funds of at least 3 months, opefètin8 Costs to cover emergency sltuatlon5 that may arise Irom time to time. Slgned Sarah Mérriman Robert Geary

Charity number.. 1097613 (England and Wales) Queniborough Pre School Partnership {Charity) Report of the Trustees and Unaudited Financial Statements For the year ended 03 August 2022

Queniborough Pre School Partnership (Charty) Contents Page For the year ended 03 August 2022 Report of the Trustees Statement of Financial Activities Statement of Financial Posttion Notes to the Financial Statements 4t06 Detailed Statement of Financial Actrvities

Queniborough Pre School Partnership (Charty) Report of the Trustees For the year ended 03 August 2022 Th8 Trustees, who are also directors for the purpose5 of company law, have pleasure in presenting their report and the financial ststements for the charitable company for the year ended 03 August 2022. The Trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102} (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The trustees have considered the Gharity Commision's guidance on public benefit. including the guidance 'public benefit.. running a charity (PB2)'. REFERENCEAND ADMINISTRATIVE INFORMATION Name of Charity Charlty registration number Principal address Queniborough Pre School Pathership (Charity) 1097613 46 Afred Belshaw Road Queniborough Le1￿terShire LE7 2DU Trustees Th8 trustees and officers serving during the year and since the year end were as follows: Rachael Misiuda Robert Geary Felicity Mount Sarah Merriman Independent examiners R H Ball & Company 5 Brookbrsdge Court 1189 Melton Road Syston Lei￿tershire LE7 2JT Approved by the Board of Trustees and signed on its behalf by 23 March 2023 1of7

Queniborough Pre School Partnership {Charty) statement of Financial Activities (including Income and Expenditure account} For the year ended 03 August 2022 Notes Unrestrfcte d funds 2021 Income and endowments from: Donations and legacies Other trading activites Totsl 79.889 31,994 111,883 63,981 34,060 Expenditure on: Raising funds Total (112,094) (112,094) (211) 194,264) 194,264} Net In¢omeloxpenditure Reconclliation of funds Total funds brought forward Total funds carried forward 3,777 50,777 50,566 47,000 50,777 2of7

Queniborough Pre School Partnership (Charity) Statement of Financial Position As at 03 August 2022 Notes 2022 2021 Current assets Cash al bank and in hand 54,180 54,180 {3,6141 50,566 SO.566 50,566 50,777 Credltors: amounts falling due within one year Net current assets Totsl assets less current liabilities 50,777 SO.777 50,777 Net assets The funds of the charfty Unrestricted income funds Total funds 50,566 50,566 50,777 50,777 For the year ended 03 August 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476, The trustees acknowledge their responsibiliiie5 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable lo companies subject to the small companies, regime. The financial ststements were approved and authorised for issue by the Board and signed on its behalf by.. Robert Geary Trustee 23 March 2023 3of7

Queniborough Pre School Partnership (Charity) Notes to the Financial Statements For the year ended 03 August 2022 1. Accountlng Policies Basis of accounting The financial statements have been prepared under the historical cost convention, except for investrnènts which are included at market value and the revaluation of certain fixed assets and in accordance with the Charitie5 SORP (FRS 1021 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to tharities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} leffecttve 1 January 20191.. Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021, and the Companies Act 2006. Queniborough Pre School Partnership (Charity) meets the definition of a public benefrt enttty under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notels). 2. Income from donations and legacies 2022 2021 Unrestricted funds Donations received Grants received 79.889 61,983 1,998 79,889 63,981 3. Income earned frorn other activities 2022 2021 Unrestricted funds Fund raising events 31,994 31,994 34,060 34,060 4. Expenditure on other trading activities 2022 2021 Unrestricted funds Fund raising events 112,094 94,264 94.264 112.094 4of7

Queniborough Pre School Partnership (Charity) Notes to the Financial Statements Continued For the year ended 03 August 2022 5. Staff costs and emoluments Total staff costs for the year ended 03 August 2022 were: 2022 2021 Salaries and wages 92,941 73,305 73,305 92,941 2022 2021 Pre School Staff 8. Comparative for the Statement of Financlal Activities The comparative year values on the Statement of Financial Activites are for unrestricted fund5. 7. Creditors: arnounts falling due within one year 2D22 2021 Trade creditors Accruals and deferred income 350 3,264 3,614 8. Movement in fun(ts Unrestrictsd Funds Balance at IM10812021 Incoming resources Outgoing Balance at resources 0310812022 Generdl General 50.777 111,883 (112,0941 50.566 50,TT7 111,883 (112,094) 5of7

Queniborough Pre School Partnership (Charty) Notes to the Financial Statements Continued For the year ended 03 August 2022 Unrestricted Funds - Previous year Balance at 0410812020 Incoming resources Outgoing Balance at resources 0310812021 Genernl General 47,000 98,041 (94.264) 50.777 47,000 98,041 (94.2641 50,777 Purpose of unrestricted Funds General We provide sessional day care for children who live in the village and surrounding villages 9. Analysis of net assets between funds Ngt cuffent Not Assgts assèts I Illabllltla$l Unrestricted funds G8￿e￿I General 50,566 50,566 50.566 50,566 Previous year Ngt currgnt Ngt As$gts assets I Unrestricted funds General General 50,777 50,777 50,777 50,777 6of7

Queniborough Pre School Partnership (Charity) Detailed Statement of Financial Activities For the year ended 03 August 2022 2022 2021 INCOME AND ENDOVIMENT Donations and legacies Fees- Funding Grants receivable 79,889 61,983 1,998 79,889 63,981 other trading activities Fund raising events Fees- Pupils 313 31,681 1,961 32,099 31,994 34,060 Total Incoming resources EXPENDITURE Other trading activities Staff costs - wages & salaries Rent Purchases & Consumables Training & DBS Miscellaneous Administration Website Insuran 111,883 98,041 {92,941) (9,161) 15,218) (700) (446) (2,917) {272) {441) {73,305) (9,591} (7,737} (78) {194) (2,837) (137) (385) {112,094) {112,094j 1211} (94,264) (94,264 Total resources expended Net Expenditure 3,777 7of7 This page does not fomi part of the statutory financial statements

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees
On accounts for the year
ended
Set out on pages		 Charity Name
Queniborough Pre School Partnership (Charity)		 Charity Name
Queniborough Pre School Partnership (Charity)		 Charity Name
Queniborough Pre School Partnership (Charity)
03/08/2022 Charity no
(if any)		 1097613
(remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 03 / 08 / 2022 . Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

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.

Date: 23/03/2023

Signed: Name: Nigel Ball Relevant professional FFA, FTCA qualification(s) or body (if any): Address: 5 Brookbridge Court 1189 Melton Road, Syston,

1

Oct 2018

IER

Leciester

LE7 2JT

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

N/A

2

Oct 2018

IER