ST MICHAEL'S PRESCHOOL Charity Commission Registered No: 1110379 ANNUAL REPORT AND ACCOUNTS For the period I. November 2023 to 31st October 2024
St Michaels Preschool Trustee Annual Report For the year ended 31" October 2024 The trustees present thelr report and independently examlned flnanclal statements for the year ended 31" October 2024. R¢ference and Admlnlstratlve Detall5: Reglstered Name: St Mlchaels Preschool Charlty No: 1110379 Operatlonal Address: St Mlchaels Preschool The Church Hall Mace Road Peterborough PE2 8RQ Trustees at date of Report: osltio Chalrperson Treasurer Secretary Member Member Member Member t Jolned 0411212024 0411212024 2011112023 1810512022 0411212022 1810512022 0411212024 Klrstle Tutton Kate Emberson Fatima All Jennlfer Chllds Ella Greaves-Anderson Bonganl Matjeke Rachel Tukamubona Trustees who have left durlng the year: ame Laura Ramm-Hastlngs Emma Planter Charlotte Lawrence Anna Whitehouse Posl Chairperson Treasurer Member Member te Jol 1510512022 1610112023 1610112023 1810512022 Bankers: Barclay5 Bank Independent Examlner.. Mark Bedford MAAT 11 Belton Road Stanground Peterborough PE2 8UU Strurture Governance and Managemerrt This Is a membershlp or8anlsatlon govemed by the model Pre-school Learnlng Alllance Constitutlon 2011, which was adoptsd at the Annual General Meetlng held on 29 October 2014. Members can be parents or guardians of all chlldren who attend playbTOUP or other Interested Indlviduals approved by the Committee.
St Mlchaels Preschool Trustee Annual Report For the year ended 31° October 2024 Committee members are appointed / confirmed at the Annual General Meetlng. All Committee members gfve theirtlme on a voluntary basls and recelve no remuneration or other benefits. Objerts and Actlvltles The aims are, as set out in the constltutlon, to enhance the development and educatlon of children under statutory school age by encouragln8 parents to understand and provlde for the needs of thelr chlldren throu8h communlty groups and by". offerlng approprlate play, educatlon and care facllltles, famlly learnlng and extended hours groups, together wlth the rlght of parents to take responslblllty for and to become Involved In the actlvltles of such groups, ensurlng that such 8roups offer opportunltles for all children whatever thelr race, culture, religion, means or ablllty; Encouraglng the study of the needs of the chlldren and thelr famllles and promotlng publlc Interest In and recognltlon of such needs in the local areas; Instlgatlng and adherln8 to and fvrtherln8 the alms and objects of the Pre-school Learnlng Alllance. Achl•vements and P•rlormanc• (b) St Mlchael's Preschool continues to thrlve as an InclusSve settln8 where chlldren are at the heart of everythln8 we do. Our September Intake started at 95% capaclty and grew 5teadlly over the year. We now have a small waltln8 Ilst, wSth more new farnllles wantlng to look around. We offer a wlde range of engaglng experlences to support chlldren's learnln& Includln8 weekly sesslons wlth Muslc Bugs and outlngs wlthln the local communlty. Speclal events thls year Induded a well-attended leavers, party wlth two surprlse guests, and a festlve Chrlstmas celebratlon wlth a speclal vlsltor handlng out presents to the chlldren. We are commltted to celebrating all cultures at our settlng by tslkln8 wlth famS1Ses to leam about thelrtradltlons and howthey celebrate them. Staff development contlnues to be a focus for the preschool. One team member successfully completed thelr Level 3 SENCO qualffication. Another member of staff has completed a Makaton course and has been sharing her knowledge wlth the rest of the team. Thls has been helpful for our non-verbal chlldrenp 8lvlng them better ways to expre55 themselves and reduclng frustration. Next year, one staff member Is set to complete thelr Level 3 quallflcatlon, another wlll finlsh the Early Years Professlonal Development Programme {EYPDPI, and a thlrd wlll complete the Natlonal Professlonal Quallficatlon for Early Years Leadershlp (NPQEYL). In addltlon, all stsff wlll renew thelr Flrst Ald tralnlng. Over the past year, we have notlced more famllles needlnB support wlth emotlonal wellbeln& both for thelr chlldren and themselves. Accessing support for children from outslde professionals can be challenging. We have also seen an Increase In the number of chlldren who need addltlonal support. Whlle thls has presented challenges, it has also provlded valuable learnln8 OPF)Ortunltles for practltloners. We are contlnually flnding new ways to helpi including attending free webinars that we learn from and then recommend to familles. Looklng ahead, we are plannln8 more events where parents, carers, and grandparents can come in, play alongslde thelr children. and see what we do. We are also hoplng to make some improvements to the 8arden, starting with changes to the mud kltchen to make It more accesslble and better or8anlsed, with themed stations for bug huntin& maths, and Ilteracy.
St Michaels Preschool Trustee Annual Report st For the year ended 31 October 2024 At St Michael's Preschool, we are committed to givlng chlldren the best possible start. It is a Joy to watch our children thrive while we do our best to 5UPPOrt each family along the way. Reserves pollcy Reserves act as a cushion for any loss of Income and unforeseen sTtuations. Cash reserves remained consistently above the chariW5 minimum reserve threshold of £20.000 throughout the year. Flnanclal Revlew The Trustees are required to prepare financial statements which give a true and fair view of the flnancial positlon of the Charity. In preparing these flnancial statements the Trustees are required to make judgements and estimates that are reasonable and prudent. They are also respons5ble for safeguarding the assets of the CharEty and tsking reasonable steps for the prevention and detectlon of fraud and other Irregularities. The Committee aim to apply all funds received to the charitable objects. As a small charity, the accounts are prepared on a Receipts and Payments basls. ThSs straightforward approach tracks actual cash movements in and out of the bank account wlthout year*nd adjustments. For the financlal year ending 31st October 2024, the accounts show: A surplus of £16,177, compared to a surplus of £13,004 In the prevlous year. An Increase of £24,054 (17%) In fees and NEF fundin8. Total expenditure rose by £19,389 (13%). driven primarily by increased staff costs. Staff costs increased by £17,693, reflectlng the Impact of the 9.8% rise In the National Llving Wage implemented in April 2024. The number of staff remained constant at 8 throughout the year, althou8h weekly working hours increased 511ghtly from 239.5 hours to 245.75 hours. The closlng cash balance of £96,574 provides a strong foundation to support the Autumn 2024 term, when the number of children attending and associated income are typically lower. This Report has been approved by the Trustees and has been signed on thelr behalf by: Signature.. Full Name: Date: IS....6...25...............................
ST MICHAEL'S PRESCHOOL Registered Charity No.. 1110379 RECEIPTS AND PAYMENTS FOR THE FINANCIAL YEAR ENDING 31ST OCTOBER 2024 UNRESTRicfED FUNDS RESTRicfED FUNDS TOTAL FUNDS TOTAL FUNDS Year-ending 31110124 Year-endln8 3VIO124 Year-endlng 3ty10124 Year-endlng 31110123 RECEIPTS NEF Funding Other Fundin8 Fees Other Income Bank Interest Donatlons and Grants Fund Ralslng 149.758 17,548 15,757 225 448 149.758 17,548 15.757 225 120,747 11,807 20,778 2,000 158 5,691 347 Note 2 Note 3 354 354 TOTAL RECEIPTS 4,090 184.090 161.528 PAYMEN Wages inc Inland Revenue payments Tralnlng Total Other Staff Costs Resources Premlses Consumables Other Costs Bank Charges Fees and Subscrlptlons Admlnlstratlon Governance Fundralsln8 1128,8721 15691 16561 16,7311 117,7211 12,8531 12,1791 1721 15,9091 11,9071 11681 11311 1129,0031 15691 16561 16,8761 117,7211 12,8531 12,1791 1721 15,9091 11,9071 11681 1111,310) 1177) 1801) 16,202) 117,5381 12.725) 12.383) {39) 15,651) 11,433) 1173} (921 11451 TOTAL PAYMENTS 167 637 276 167,913 148.524 Net of RecelptsllPaymentsl 16,453 {276} 16,177 13,004 Transfer between funds Balance b/fwd 79,265 1,132 80,397 67,393 Balance clfvid 95,718 856 96.574 80,397
ST MICHAEL'S PRESCHOOL Reglstered Charity No." 1110379 STATEMENT OF ASSEfsAND LIABILMES AS AT 31sr OCTOBER 2024 UNRESTRICTED FUNDS 3V1012024 RESTRICTED FUNDS 3111012024 TOTAL FUNDS TOTAL FUNDS 3111012024 3111012023 CASH FVNDS Barclays Current Barclays Fundraislng Barclays Actlve Saver Cash 856 49,654 15,911 31.004 33,863 16,273 30,253 IS,911 31.IJ04 Total Cash Funds 95,718 856 96.574 OTHER HMRC- PAYE LIABILITIE Independent Examlnatlon 160 160 160 160 160 160 l approve the ReIptS and Payments Accounts set out on page l and above and confirm that all relevant records and Informatlon has been made avallable for thelr preparatlon. Slgned on behalf of the Trustees: 8nature Name l. No trustees recelved renumeratlon or relmbursements In the perlod above. 2. Apprentlceshlp fundln8- £2,(KQ 2022-23. 3. Donatlon5 from local preschools that have closed down - £5,6912022-23.
Thls Independent examlners report relates to the accounts of ST MICHAEL'S PRE-SCHOOL Charlty Comm155ion Reglstered No: 1110379 Accounts are prepared for the year ended 31" Ottober 2024 Res ectlve res n5ibllltles of trustees and examlner The charity's trustees are responslble for the preparatlon of the accounts. The charity'strustees conslderthat an audit Is not required for thls year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It Is my responslblllty to: examine the accounts under sectlon 145 of the 2011 Act; to follow the procedures laid down In the general Dlrectlons glven by the Charlty Commlsslon under sectlon 145{5)(b> of the 2011 Act. to state whether partlcular matters have come to my attentlon. Basl Inde ende examln stat An examlnatlon Includes a revlew of the accountlng records kept by the charlty and a comparlson of the accounts presented wlth those records. It also includes conslderatlon 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 audlt and consequently no oplnlon Is glven as to whether the accounts present a 'true and falr vlew, and the report Is Ilmlted to those matter5 set out In the statement below. Inde endent e mlnerfs s em In connectlon wlth my examlnatlon, no matter has come to my attentlon: {1) whlch glves me reasonable cause to belleve that In any materlal respect the requlrements: to keep accounting records in accordance wlth sectlon 130 of the 2011 Act; to prepare accounts whlch accord wlth the accounting records and comply wlth the accountlng requlrements of the 2011 Act have not been met; Or 121 to which, in my opinion, attentlon should be drawn in order to enable a proper understanding of the accounts to be reached. Signed Date Mark Bedford MJB Financlal ServSces 11 Belton Road Stanground Peterborough PE2 8UU