ST MICHAEL'S PRESCHOOL Charity Commission Registered No: 1110379 ANNUAL REPORT AND ACCOUNTS For the period I. November 2022 to 31° October 2023
St Michae15 Preschool Trustee Annual Report For the year ended 31" October 2023 The trustees present thelr report and Independenty examined financial Statements for the year ended 31° October 2023. Refererte and Adrnlnlstrnthffj D•tall$: Registered Name.. St Michaels Preschool Charlty P*).. 1110379 Operational Address: St Michaels Presthool The Church Hall Mace Road Petethrough PE2 8RQ Trustees at date of Report: Name Laura Ramm-Hastlngs Emma Planter Fatima Ali Jennlfer Chllds Charlotte Lawrence Bongani Matjeke Anna Whltehouse Date Joined 1510512022 1610112023 2011112023 1810512022 1610112023 1810512022 1810512022 Chalrperson Treasurer Secretary Member Member Member Member Trustees who have left durlng the year: None Bankers: Bardays Bank Independent Examlner: Mark Bedford MAAT 11 Belton Road Stanground Peterborough PE2 8UU Structure Governance and M4nwrneTrt This is a membership organi5ation governed by the model Pre-school Learning Alliance Constitution 2011. whi¢h was adopted at the Annual General Meetlng held on 29 Ortober 2014. Member5 can be parerrts or guardians of all children who attend playgroup or other interested individuals approved by the Commlttee. Commlttee members are appolnted / confirmed at the Annual General Meeting. Al Committee members glve their time on a vduntary basis and r1Ve no remunerdtlon orother benefft&
St Michaels Preschool Trustee Annual Report For the year ended 31" October 2023 Objqcts and Actl¥ltles The aims are, as set out in the constltution. to enhance the development and education of children under statutory school age by encouraging pants to undetstand and provlde for the needs of thelr chlldren through comrnunity Broups and bv.. offering appropriate play, education and care faalities, famity learnin8 and extended hours 8roups, together with the rlght of parents to take responsibilty for and to become involved in the actlvltles of such groups, ensuring that such groups offer opportunities for all chlldren whatever thelr race, culture, rellgion, means or ablllty: Encouragln8 the study of the needs of the chlldren and thelr famllbes and promotln8 publlc Inte$t In and recognltlon of such needs in the I(1 areas; Instigating and adhering to and furtherin8 the alms and objects of the Pre-school Learnln8 Alllance. Ibl Ic) Publlc benefft The trustees and stsff carefully conslder the Charlty Commlsslon's Buldance on public benefit when setting oblectlves and plannln8 actlvities. All tsmllles wlthln the local communlty are encouraged to use our servlces. All chlldren are ell8lble for Nursery Education Fundin& which is provlded by the Local Authorlty, the term after they become 3 years old. Achlevements and Performin We are stlll not1cl the Impart of Covld on chlldren In many ways such as development, soclal skllls. We have noticed that worklng with professionals 10 8et 5UPPOrt for children Is rtlll a challenge. The Smpact on preschool has been challenglng financlalty and for our practltioners has been stre55ful at tlmes. However, the chSldren have contlnued to be at the heart of what we do and watchlrkq them grow Is amazln& We have yet aAain seen a signlflcant Incre In the number of children needlng SUPPOrt. whl¢h Is provlng to be not only exhaustlng at tlme5 but also an lrterestlng leamlng Journey for our practitioners. We are continually flndlng new ways to help and support the children and thelr famllles. Our door Is always open and If we don't know the answer we wlll try to flnd out. We contlnue to overcome many challenges: however, a5 a team we are all committed to focuslng on the posltlves and movin8 forward. The sU5talnabillty of the settSn& the welfare of the stsff, our chlldren and our famllles remaln our primary fLKUS. As a eharity. parent-run commlttee, and pre.school we may be a very small organisation, but we tru care about our parents and children. Staff help each other In thelr persorhil and professlonal ¢hallen8es. We have a few Staff members furtherln8 their development by dolng higher qualiflcatlons. which 15 not onty gwd forthem but akn the preschool. The cohort in September was once again relatjvely small, but within the flrst week of coming back we had filled 95% of our spaces, and we were full in January. We have a small waiting list and people stlll wanting to.look rourKI. We have 5tsrted to have Jo Jingles In on a Thursdoy PM and last year we were able to have a leavers party whlch all the chlldren real enJed. We had two Disney characters. a Prln¢ess and 3 ladybug.
St Mlchaels Preschool Trustee Annual Report For the year ended 31° October 2023 Moving forward. we are looking into more evert5 50 that parents. carers ar grandparents can cone In and play with their child and see what we do. ReseNes polky Reserves act as a cushlon for ary l¢)ss of income and unforeseen sltu*ions. Throughout the year the balances remained over the reserve5 level, currently set at £20.0(A). Flnancl•l Revlow The Trustees are requlred to prepare financial statements whith 8ive a true and falr ¥lew of the flnancial posltlon of the Charity. In preparin8 these financial statements the Trustees are required to make judgements and estlmates that are reasonable and prudenL They are also resbY)n51ble for safeguardln8 the assets of the Charlty and taking reasonable steps for the prevention and detectlon of fraud and other Irregularltles. The Commbttee alm to apply all fun(ts recehed to the charitsble obkcts. As a small charlty the ststutory reports are prepared on a Recelpts and Payments basls. ReceSpts and Payments #ccounts track payments In out of the bank account and there are no adjustments made at year-end. Desplte a reductlon of £12,312 Income1£173.840 down to £161,528). the preschool reported a surplu5 of £13.W4 at year end. Overall expendlture Increased by £3.095, malnly due to an Increase In the cost of ntIng the hall, and more beln8 spent on food. drlnk and ¢on5umables. Stafflng costs have reduced by £1377 wnpared to the prevlous year. Slnce Ottober 2021 there has been an overall reduction in the number of staff hours per weel althou8h the weekly cost of employln8 these staff Is Increasln8 due to Increases In t Natlonal Ltvln8 Wa8e. The preschool recefved donatlons of £5.691 from two local prescknls that have closed. The preschool has been workin8 on the Connected Communlties prolect and has £1.132 remalning to spend before Aprll 2024. The flnal ¢losln8 cash balance was £80.397. Thls Report has been approved bythe Trustees and has been sl8ned on thelr behalf by. s18natu. . Full Name: Date: i..i/.k./2Lk
ST MICHAEL'S PRESCHOOL istered Charity No.. 1110379 RECEIPIS AND PAYMENTS FOR The HNANCWYEAR ENIXNG 31ST crfoBER 2013 AJ40S FUNDS TOTAL FUNDS TOrFUNDS Yearndl 31no123 Year-eThll Yt•TrendlTrg 31n0123 YeaTreTrJin 311Ion2 RECEIPIS 3VIO123 NEF Funding Other Fundlng Fees 120.747 11.882 20.702 120,747 11,882 20,702 118,731 14,332 26,893 Grant Note 2 2,025 Bank Interest 158 Other Income Note 3 4,482 Fund Ralslng and Donatlons Note 4 6,039 6.039 7,375 TOTAL RECEIPTS 161J18 16L528 173 Wa8es I Inland Revenue payments TraSning Total Other Staff Costs 1110,9481 11771 18021 13621 1111,3101 11771 18021 1113,2871 18881 14361 Resourtes fof Chlldren Resour¢es for Settl Resources for LThJtsld• 14.4091 11.3791 12301 14,4091 11,5631 12301 13.5251 11.2191 Food and Drtnk Consumables Premlses Fees and SubxrlptSons Admlnlstratlon Bank Charge5 Other Costs 11.1751 11,$501 117.5381 17,9361 IL4331 1391 12701 11,1751 11,5501 117,5381 17,9361 11,4331 1391 12701 19661 18061 114,2951 17,7191 11,7411 1421 12101 Fundra151n8 1921 1921 12921 TOTAL PAYMENTS 147J7A 14 29 Net of RecelptsilPaymentsl 13,550 15461 13,1 28AII Transfer betsmen fund5 240 12401 Balance blfwd Note 2 65A75 1,918 67.393 38,982 Balance rllwd 79265 97 67393
ST MICHAEL'S PRESCH OL Re8lstered aTIty No: 1110379 srATEMEiifoF ASSEISAIID UAgILffftsASAT31srcKrobEA 1023 FUNDS 31no12023 FIJNDS 3VIOI2023 TOTALFiMDS TOTALFUNOS 3VIOI2023 3111012022 CASH FUNOS Bala¥S Current Barclays Fundral$lng BartlaysActive Saver Petty Cash Fundraisiw Float 32,731 16.273 30253 I132 33A63 16.273 ,253 10.833 20,095 T4)tsl C•th Fundi 67 HMRC- PAYE Note S 4,998 BILITI Independent Eumln•tlon WH Fowl•r 160 160 160 17S Ifo l approve the Receipts and Payments AtCOUnts setOLrt on pa8e l and abfft and conflrrn that all releAt recgrds Infomatioft has been made avalable for their wepfiratknn. Sl8ned on behalf of theTrustees: 518nature Name l. No trustees recelved renumeration or reimtrmjtsemtnts in the period abth. 2. Connerted Communities grant-tran5fer relates to ufirerted staff costs 2021.22... 3. Apprenticeship fundln8- £4,IKQ 2021-22 and £2.CO) 2022-23. 4. Donatlons from local prèsthools th* hawt dosed down. f6S502021-22 and £5.6912022-23. S. PAYE was In trtdkt due to ovtstsThJirq Teco¥ery of Ststutory Maternlty Pèv
Thb Independent examlners veport relates to the accou of ST MICHAEL'S PRE-SCHOOL Charlty Commlsslon Registered No: 1110379 Accounts are prepared for the year ended 31" October 2023 Res ctlve res nsibifrties and exa The charlty'strustees are re5ponslble forthe preparation of the accounts. The charlty's trusteeseonsiderthat an audlt Is not requlred for thls year under section 144t21 of the Charities Act 2011 (the 2011 Act) and that an Independent examlnatlon Is needed. It Is my responslblllty to: examlne the accounts under sectlon 145 of the 2011 Act; to follow the procedures lald down In the general Dlrectlons gl4*n brf the Charlty Comm15slon under settlon 14515llbl of the 2011 Act; to state whether particular matters have come to my attentlon. nde Ine An examlnatlon Includes a re¥tew of the accountln8 records kept by the charlty and a comparlson of the accounts presented wlth those records. It a150 Includes eonslderatlon of any unusual Items or dlsclosures In the accounts, and seeklng explanatlons from you as trustees concernlng any such matters. The procedures undertaken do not provlde all the evldence that would be requlred In an audSt arKI consequently no oplnion15 8lven as to whether the accounts present a 'true and falr vlew, and the report Is Ilmlted to tpw matters set out In the ststement below. xamlnerfs In connertlon wlth my examlnatlon, no matter has come to my attentlon: 111 whlch glves me reasonable cause to belleve that In any materlal respert the requirements: to keep ac¢ountin8 records In accordae wlth 5ectlon 130 of the 2011 Art; to prepare accounts whlch accord wlth the accounting records and comply wlth the accountln8 requirements of the 2011 Act have not been met; Or 121 to whlch, In my oplnlon, attention should be drdwn In order to enable a proper understsndlng of the accounts to be reached. Slgned Date Mark Bedford MJB Flnanclal Services 11 Belton Road Stanground Petsrborough PE2 8UU