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 Re￿IptS 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