ST MICHAEL'S PRESCHOOL Charity Commission Registered No: 1110379 ANNUAL REPORT AND ACCOUNTS For the period 1° November 2021 to 31. October 2022 St Mlchaels Presthool Trustee Annual Report For the year ended 31" October 2022 The trustees present their report and independently examined financial statements for the year ended 31" October 2022. Reference and Admlnlstrath* (letalls: Registered Name: St Michaels Preschool Charlty No: 1110379 Operatlonal Address: St Michaels Preschool The Church Hall Mace Road Peterborough PE2 8RQ Trustee5 at date of Report: Chairperson Treasurer Members Laura Ramm-Hastin8S Anna Whilehouse Jennifer Chllds Charlotte Lawrence Bongani Matjeke Emma Planter Trustees who have left durln8 the year: Mlchelle Baker Lorraine George Indra Purin Amy Reeves Left 1610112023 Left 1610112023 Left 3010612023 Left 30106/2023 Bankers: Barclays Bank Independent Examlner: Mark Bedford MA4r 11 Belton Road Stsnground Peterborough PE2 8UU Strurture Governance and ManaB•mnt Thls is a membershlp organisation governed by the model Prtrschool Leaming Alliance Constltutlon 2011, which was adopted at the Annual General Meetin8 held on 29th ortober 2014. Members can be parents or guardlans of all children who attend playgroup or other interested indr¥iduals approved by the Committee. Committee members are appointed / confimied at the Annual General Meeting. All Committee members give their tlme on a voluntary basis and recebve no remuneration or other benefits. St Mlchaels Presthool Trustee Annual Report For the year ended 31" October 2022 Objects and Artl¥ltles The aims are, as set out in the constitution, to enhance the development and education of children under statutory school age by encoura8ing parents to understand and provide for the needs of their children through community groups and by: lal offering appropriate play, education and care facllitles. family learnln8 and extended hours groups, together with the right of parents to take responsibilty for and to become involved in the artivities of such groups, ensuring that such 8roups offer opportunities for all children whatever their race, culture. religion, means or abilty- Encouraging the study of the need5 of the chiklren and their famllles and promotlng publlc Interest in and recognition of such needs in the local areas; Insttgatlng and adhering to and furtherlng the aims and objects of the Pre-school Learning Alliance. Publlc b¢nefft Ibl Icl The trustees and stsff Ca￿fullY consider the Charity Commi55ion's guidance on public benefft when settin8 objertives and planning attivities. All familles wfthin the local ¢ommunity are encouraged to use our servlces. All children are eligible for Nursery Educat#)n Fuftdl￿ which is pToMded by the Local Authority. the term after they become 3 years old. Achl•vernents and Performance This year we have been able to retum to invitlng parents irto the preschool where needed, to help settle their chlldren, and we are also showlrK8 around prospective new parents. We had an open evenlng at the beglnnln8 of November when two new parents si8ned up. We are stlll notlclng the impart of Covld on thildren In many ways such as development, social skills, and thelr irnmune system. We have seen an increase in number of children needlng support, whlch Is challenging for practftioners, bLrt also an interesting kaming Aournev. We contlnue to overcome many ch•llen8es: however. as a team we are all commltted to focusin8 on the positive5 and movinq forward. The sustainabillty of the settinL the welfare of the staff, our chlldren and our families remain our prlmary focus. A5 a charrty, parent-run committee, and pre-school we may be a very Small organization, but we truly care about our parents and chlldren. Staff help each other in thelr personal and professional challenges. We were sad to say goodbye to our Preschool Manager who, after many years of hard work and dedication to the preschool, has now gone to work for the Local Authority. Our Deputy Manager was piomoted to succeed Staff acce$5 courses on a regular basis to ensure they are continualty developing their professional knowledge and practice. This enables the pre-school to prowde the very best care. learning and play opportunities for the thildren whilst worklng wfth parents to further enhance chlldfen's learning and well-being. St Mlchaels PreSth(￿l Trustee Annual Report For the year ended 31" October 2022 Aehi vements In September we have joined a programme called Connerted Communltie5. which helps us to understand the effect of trauma on a chlld's brain and how this affects them and their behaviours. It is a tW￿Year projett where we as a preschool are researching the impact of training the stsff to help them communicate with the children who are strugglln8. A5 part of this prokct, we have created a calm sensory area for the chlldren. whlch Includes a sensory f￿h tanK different textured materiaL5, and othercalmin8 artivities. We Lwn to have Jo jI￿leS in on a Friday aftemoon and we held our leavers party at InspI￿d Play which all the children realty enjoyed. We have added to our home leamlng boxes and have a wlder range of learnln8 opportunities such as the body, life crfcles, shapes, fine motor skllls. We have purchased new tablets to make Usi￿& Tapestry easierfor our prartltloners from fundraisin8 money. The cohort In September was once a8aln re￿tiVety small compared to pre-covld but children numbers have been Improvin8, reaching near capacity from January. The commlttee has been small over the last few years, and we pkn to buikl this up. We Intend to traln each practltloner In the Connerted Communities, way of thinkin& building their confidence by adding another way of thinkin8 to their existin8 tool ktt. We will continue to reflect and develop the pieschool to meet the needs of ourcohort. Fundralsln This year we have had a klnd donatlon of £6550.50 from Eye presthool as they have sadly had to close. We ralsed £719.36 from our Easter raffle, cake sale and other fundraising actrvities. Reserves pollry ReseThes att as a cushK)n for any loss ol income and unforeseen 51tuations. Throu8hout the year the balances remained over the reserves level, currently set at £20.CKK>. Flnansed. St Michaels Presthool Trustee Annual Report For the year ended 31" October 2022 Expendlture inueased by £4.420 overall. with the rnain increases being seen in wage costs and premise5 Costs. The preschool has been operating on less staff since June which has ￿lped to contain the impact of the 6.6% increase In National Llving Wage from April 2022. Fees and Subscription5 costs have reduced compared to the prevlou5 year due to the cancellation of an HR and Health & Safety consultancy agreement In Aprll 2021. Other costs have remained constsnt overall. Overall, the accounts show a surplus of £28AII, wrth a final ¢105ir8 cash balance for the year of £67.393. Thls Report has been approved bythe Trustees and has been s18ned on thelr behalf by: Sl8nature: Full Name: Oate: .j31￿./2s..-.._.......... STMI Re8i5twed Charrty No: 1110379 RECEIPTS AND PAYMENTS FOR ThE ANApiaAL YEAR ENDING ocfoBER 2012 FUNDS Y¢ar*ndl FUNDS TOTAL FU1405 TOTAL FU14DS Ye¥r*ndirvA Year*ndin8 Year-endlnB 31107n2 31107122 31107122 3V07nl NEF Funding Other Funding 118,nl 14.332 26.893 118.731 14.332 26￿93 98,178 24.408 19,356 Grant Note 2 2.025 2.025 Bank Interest 12 Other Incorne 4,482 1,565 Fund Ralslng and Donatlons 7375 7.375 3￿80 TOTAL RECEIPTS 17UIS 2.025 Irj 147399 Wa8es Inc Inland Revenue payments Trainlng Total Other stsff Costs 1113.2601 1271 1113.2871 18881 14361 1109.19SI 13891 11.1841 14361 Resources for Chlldren Resources for Settin8 Resources for Outsld¢ 13.5251 11,1391 13) 13.5251 11,2191 12,7231 11,4C81 Food and Drfnk Consumable5 Premises Fees and Subxrlptlons Adrnlnlstratlon Bank Charges Othef Costs 19661 18191 11,1601 111,7261 110.2231 11,7951 1691 12121 114.2951 17.7191 11,7411 1421 12101 114.2951 17,7191 11,7411 1421 12101 FundralsSn8 12921 12921 1571 TOTAL PAYMEPIts 5322 107 145A2• 141,fy)9 Net of Recelptsllpaymentsl 26.493 18 28,411 6,390 Balance bfvd 38.982 32.592 8al•fi￿ 65 ST MICHAEL'S PRESCHOOL Re8iStered Charity No: 1110379 ATEMEKf OF ASSEfs AND UABIUllES ASAT 315r ocroBER 1022 UNRESTRICYED FUNDS 31107n022 REsfRicfED FUNDS 3110712022 TOTAt FUNDS 31107n022 TOTAL FUNDS 3110712021 Barclays Currert Barclays Fundrai51 Barclays Active Saver Petty Cash Fees Float Fundralsln8 Float 34,542 10,833 20.095 I￿18 36.460 10,833 20,CVJS 14,825 4,037 20,093 20 Totsl Cash Funds L918 67393 38.982 HMRC- PAYE Note 5 304 304 Independent Examlnatlon Sury¥ Hotel WH Fowler Tapestry 160 160 250 175 170 175 170 l approve the Recelpts and Payments Accounts setout on pa8e l and above and conflmi that all r•le¥ant records and Inlormation has been madè avallable forthelr preparatlon. Silnod on behalf of the Trus¢tt5.' 8nature Name l. No trustees reCe￿*d renuMen￿On or relmbursements In the period 2. This is a 8rant from Connerted Cornmuntties. 3. Other income includes £4c#xI funding for t￿￿ apyentlces. 4. Donation of£6,550 from a l¢xal prescknl whkh closed thwn. 5. PAVE Is In ¢Tedlt due to outstandire rLro¥ery ofststvtory Maternfty Pay Thls Inde￿ndent enmlners repxt vetstes to the accounts of ST MICHAEL'S PRE-SCHOOL Charfty Commlsslon Reglstered No: 1110379 Accounts are prepared for the year ended 31st Ortober 2022 Ibll examl The charlty's trustees are responslble forthe preparathn of theaccounts. The charftvs trustees conslderthat an audit Is not requlred for this year under sectlon 144121 of the Charities kt 2011 It￿ 2011 Act) and that an Independent examlnatlon15 needed. It Is my responslblllty to: examlne the accounts under sectlon 145 of the 2011 Act; to follow the procedures lald down in the 8enernl Dlrerttons gI￿n by the Charfty Commlsslon under sectlon 14515llbl of the 2011 Act", to state whether partScular matters have corne to my attentlon. tsofl ndent examl An examlnatlon Includes a revlew of the accountlry records kept ￿ the charity and a cornparlson of the accounts presented wlth those records. It also Includes consklerntton of any unusual Iterns or dlsclosure5 In the accounts, and seeklng explanatlons from you as trustees concemlng any suth matters. The procedures undertaken do not provlde all the evldence that would be requlred In an audtt arKI consequently no oplnlon Is glven as to whether the accounts present a 'true and falr vlew, and the reportls Ilmited to those matters set out In the statement below. In en In connectlon wlth rny examlnatlon, no Matter has come to my attentk>n: 11} whlch glves me reasonable cause to believe that In any materlal respert the requ5rements: to keep accountlng records In accordance wlth sertion 130 of the 2011 Act: • to prepare accounts which accord with the accountlTh8 record5 and cornply wlth the accountlng requlrements of the 2011 Art have not been met,. 121 to whlch, In my oplnlon. attentlon should be drawn In order to enable a proper understandlng of the accounts to be reached. Slgned Date Mark Bedford MJB Financial Services 11 Belton Road Stsnground Peterljorough PE2 8UU