Little Bears Pre-School AGM November 07 December 2020 Trustee Report for 2019/20 (Covid)
Unfortunately, we have been without a chair this year and under exceptional circumstances, the trustees have produced only a brief overview of the year.
We started the year positively with a healthy number of children on our register and very few available spaces. We were able to offer all our usual activities, including Forest School and our wonderful Christmas Play – Our Supervisors Report will summaries some of our many achievements.
The latter part of the year brought new challenges to Little Bears. Seeing the closure of Pre-School on 20 March 2020 due to Covid and staff being placed on Furlough for 3 months.
We re-opened, on 8 June 2020, for 3.5 days per week. Operating with just 2 members of staff and maximum of 8 children at any one time, whilst following the early years health and safety requirements and carefully considering the wellbeing of our staff and children alike.
The trustees have relied heavily on our supervisor to carefully manage and implement these ever-changing guidelines.
All staff have undergone Covid training and continue to keep up dated with ongoing requirements and recommendations for our sector.
Profit and Loss Report for LITTLE BEARS PRE-SCHOOL- Charity No. 109969 31 Aug 2019 to 31 Aug 2020 31 Aug 2018 to 31 Aug 2019 Account Expense Income Expense Income SALES OCC FUNDING £S5,479.12 £48.052.84 Autumn Tem Fee Income £12,522.77 £0.00 Spring Temi Fee Ineome £6,541.33 £0.00 FUNDRAISING £839.50 £2,252.51 REGISTRATION FEES £225.00 £200.00 Donations £20.00 £400.00 Fees income £0.00 £36,740 83 Sales {totall £75,627.72 1 £87,646.18 OTHER INCOME Grant-COVID £10,000.00 £0.00 Interest earned £230.86 £175.48 Other Income (total) £10,230.86 1 £175.48 Total Revenue (Turnover) £85.8S8.58 £87,821.66 DIRECT EXPENSES Rent £3,738.00 £1,359.00 Insurance. Registrations & Subscriptions £873.52 £91974 Direct Expenses Itotall £4,611.52 £2,278.74 Gross Profit I (Loss} £81.247.06 £85.542.92 EMPLOYEE COSTS Employee costs £42,191.98 £45,283.80 Book Keeping £2,230.00 £2,050.00 PAYE PAYMENTS £o_oo £3,179.25 Pension Cost £0.00 £812.90 STAFF TRAINING £0.00 £675.49 Employee Costs Itotall £44,421.98 £52,001.44 INDIRECT EXPENSES Premises costs £2,621 53 £1.774.81 RESOURCES £1,491.54 £1.699.24
Forest School £1.217.85 £1,895.89 CHILDRENS ENTERTAINMENT £1,190.14 £994.08 Repairs £848.26 £4,029.87 TELEIINTERNEr £834. 14 £1,275.36 Computer & Ipad £716 00 £0.00 Post, Print & Stationery Refreshments £595.06 £2,256.98 £577.55 £890.57 FUNDRA5SING COST £303.20 £526.30 Shed £277.87 £0.00 Other expenses £168.70 £0.00 Interest charged Legal, professional £60.00 £60.00 £54.40 £162.80 EQUIPMENT £49.97 £296.38 NEW OFFICE £o_oo £7,224.58 Indirect Expenses {totall £11,006.21 1 £23,086.86 Total Expenses £60.039.71 £77,367.04 Net Income £25.818.87 £10.454.62
6 December 2020 LILE BEARS PRE-SCHOOL FINANCIAL ACTIVITIES YEAR ENDING 31.08.20 I CONFIRM THAT I HAVE CARRIED OUT AN INDEPENDENT EXAMINATION OF THE FINANCIAL STATEMENT FOR THE YEAR ENDING 31.08.19. THE NET ASSETS ON THE BALANCE SHEET HAVE BEEN AGREED AND AUTHORISATION PROCEDURES HAVE BEEN VERIFIED. Pki QKCifv NAME ADDRESS 4-0 fft h-uo (L &A