## **St Mary’s Church Nursery,Great Dunmow** Registered charity no: 1120280 ## **The Fourteenth Annual Report of the Trustees** 1[st] September 2020 – 31[st] August 2021 ## **1 Reference & Administrative Details** Address: St Mary’s Rooms, Church Street, Church End, Great Dunmow, Essex CM6 2AD Trustees: Revd Lea Williams Curate PCC Trustee (from May 2018 to 31.12.2020) Revd Tom Warmington PCC Trustee (from 1.6.21 to date) Mrs Belinda Booth PCC Trustee and Chair (1997 to date) Mrs Wendy Bowler PCC Trustee (1.4.2019 to date) Mrs Stephanie Buckingham Elected Parent Trustee (from Sept 2019 to 31.8.21) Mrs Giulietta Atkinson Elected Parent Trustee (from Sept 2020 to 31.8.21) Mrs Michelle Edwards Secretary from 1.1.2018 to date Treasurer: Mr Steven Miles from 1.3.20 to date Independent Examiner of Accounts: Mr Tim Potter 91 High Street, Great Dunmow CM6 1AF Nursery Supervisors: Mrs Claire Smith - 31,Weaverhead Close, Thaxted CM6 2PW with Mrs Helen Worthington- 42 Godfrey Way Great Dunmow CM6 2AY Bank: Barclays Bank PLC, High Street, Great Dunmow, Essex CM6 1 AA Solicitor: Wade & Davies 28 High Street, Great Dunmow, Essex, CM6 1AH ## **2 Structure Governance & Management** St Mary’s Church Nursery: Charitable Unincorporated Association, est[d] 1[st] September 1997 Charitable Status achieved: 16[Th] October 2006 GD3 model constitution as governing document. ## **Objectives and Activities** Aim: to provide education for children aged 2-5 years whose parents/guardians live or work within the Uttlesford District Council area & to advance their education in accordance with Christian principles, and to do so with respect for other religious beliefs. **Management** : Governing body of 5 Trustees who meet annually. The management committee meet once per term to discuss Nursery business. The management committee are directly responsible to the Trustees who meet as necessary but at least once per year. The PCC Trustees report to the Annual Parochial church meeting about Nursery activities. The Parent Trustees report to parents at the Nursery Annual General Meeting in November. Ofsted & Pre School Learning Alliance offer safeguarding advice. ## **3 Financial Review to 31[st] August 2021** The Nursery is funded from parents who pay for their child’s sessions & government funding of Nursery places. Mrs Wendy Townsend was Treasurer to 28.2.20. Mr Steven Miles has been appointed in her stead. Accounts are prepared on a receipts and payments basis & reported to management termly. They will be independently examined by Tim Potter. The Nursery has a cash balance of £99,962 of which £79,962 is held in deposit accounts. **Reserves Policy** (from the Financial Policy Document) The Nursery has increased its reserve to £20,000 (twenty thousand pounds) as a contingency reserve provision in case of sudden closure and or winding up of the setting. ## **Why Does Nursery need a reserve?** St Mary’s Church Nursery holds at least £20,00 in reserve as it is a requirement for winding up, continuation, interim building replacement in case of emergency, representing 2 terms running costs and redundancy payments for all nursery staff should the nursery have to close. ## **What is level of reserve held?** Actual Reserve £20,000 ## **Why hold this level of reserve?** This level of reserve is held to provide the Nursery with, in the long term, a capital deposit for the purchase of the Nursery’s own building. ## **Explain stages to explain maintaining a reserve** The outgoing Nursery Supervisor invested the surplus in the CAF bank account & Barclays Business Tracker Account. ## **Arrangements for monitoring & reviewing of this policy** : Annually by Trustees ## **4 Funds held as Custodian Trustees** A CAF Bank account was opened in October 2009 as an investment. This is now with Scottish Widows. ## **5 Activities, Achievements and Performance** Nursery numbers have remained high throughout the year despite a closure from January to February when staff felt unable to return to work & were furloughed due to the Covid Pandemic. A long-standing member of staff left in November & recruitment proved challenging with an April appointment. The nursery committee worked very regularly via Google Meet to ensure nursery children, staff & families were well supported during this very uncertain year. The nursery children settled in well after this second closure. Staff training has continued on line including the new EYFS framework, One Planning & Paediatric 1[st] Aid. Nursery staff created Music, Duplo, Space World, Under the Sea, reading Stools & Fairy Garden from cable drums. The learning topics have included Ourselves, Dragons & Fireworks, Space, Christmas, All Around the World, Down on the Farm & Easter. Children with SEN are monitored or referred for further assessment. Fundraising has been limited this year. However income was raised from graduation photographs, donations and a grant from Essex County Council. We are grateful to the PCC who have given us sole use of St Mary’s Rooms since September and we are pleased that our PPE and temperature checks have ensured all our children & staff have remained Covid free. Nursery also assumed responsibility for cleaning SMR during the period of sole use. Despite these and other additional costs we have been able to achieve a positive balance. ## **6 Public Benefit** The nursery’s benefits to public include evidence that primary children gained from us settle quickly and easily into reception classes. Consequently, their work and development there is enhanced. By providing the appropriate early years foundation education, excellent preparation for school is achieved along with the satisfaction of receiving good external assessment from parents, primary schools, St Mary’s Church, Ofsted, the Pre School Learning Alliance which are all measurable. ## **7 Future Plans** - To continue to monitor nursery role & income levels and maintain a positive budget - To assist with the updating of St Mary’s Rooms with St Mary’s Church PCC - To continue to develop capital to purchase land for a nursery building BJBooth October 2021 CHARITY COMM15510N FOR ENGLAND ANO WALES St Marfs Church NuT88ry Great Dunm 11202BO Receipts and payments accounts CC16a Forthe F*riod 01109f2D20 311D812021 Section A Receipts and payments Unrestritted lunds Restricted fjjnds Endowment Totsl funds Last year loth• wr8st£ totho ¢*wpst£ ttsthk n•Ar•st£ iothe nearest£ Al Receipts F8frs'.rom a￿flts Fees from Essex Coun Covrol Essex CC Fund 2019QO Mi.J Refund 11.018 47.672 11.018 47.672 16,473 44,932 99 298. Granwdonabons 471 GLF Refund fvILsc*llaneous 4,4t3 4,413 6,041 Sub total(Gnss Nncome for AR) ,.A2 Asset and investment sal84 Il$ee tablel- 6&824 68A24 Sub total 63.824 03,824 68,424 A3 Pa ments Premises- rent Prernises- GTrsis 3.1 3.100 1.830 47,532 2,800 47A32 S2.234 !OvErheads Insur$n .IngJTrnce and PSLA 782 SU qulpm Admin 8th-keepinD Ad4PrtISlll9 i￿a￿r$￿ fees ,1￿[enS suppl'.es ￿￿8￿ Ind xrn￿8 phJtos 1.2v1 516 1.261 516 736 3(1 183 1,69Y 470 286 246 Fu￿ra51￿9 so 59.536 Sub total 56.528 A4 Asset and iAvests7Tront ' pur¢ha$e$, Isee table) Sub total $6,528 59,536 N8t ofTrceipts/(payments) AS Transfets between funds A6 Cash fund5 last year end Cash fund$ this year ertd 7,29S 7,295 91667 99.962 92.667 99.962 83,7791 92,667 CCXX R1 a¢xounts Issi 0811112021 Section B Ststement of assets and liabilities at the end of the period Unr88tricted funds R*stri¢ted lund8 *0 n￿r￿$t£ Èndowment funds to nearest£ L&ttgL,-.'kS De-.ail B1 Cash funds 10 Ctr￿¢rtseS rotal eash funds 99.962 511 Unrestrfcted funds to noarest£ R¢sth¢ted funds to rJearest£ Endowment fundg to nearest£ Details Fund towhlch asset belo Currènt value onal etai15 Cost lopbonall 83 In¥88tsnent assets Fund to which Current valw4 C*tsils C￿(Op￿onall B4 As$8ts retained for the eharlty's own use Fundto whkh rgl Amoutst duè onJl When due Detsils B5 LiabilitieB Signed by one or iwo b￿Ste8$ on beha￿ of all th& ttust8es Date of rova Signattj Piint Narne .J CCXX R2 accounts ISSI 08111Q021 Inde ndent Examin*s R rt to the Trustees of St M I re￿)rt on the accounts of St Mary's Nursery. Dunmow (Regist¢tcd Clwity No. 1120280) for the year ended 31" AUg￿$t 2021 ￿lch are set out on the following page. tive DsiI)ilÈtses of InLStees and examiner. Th¢ charity's trustees are resp)nsible for the preparation of the accounts. The charity's ttustees consider that an audit is not required for this year under section 144(2) of the ch￿ItteS Act 2011 (the 2011 Act) and that an Ind￿￿ndent examiD&ton is needed. It is my responsibility to: • ¢xamine the accounts under section 145 of the Charities Act 2011 . follow the procedures laid domn in the general Directions giv¢n by th¢ Clwity COmmi￿10n under section 145(5)0)) of the 2011 Act • state whether particular matters have come to my attention B&sis of in ndent examiner's My exami￿oll w&8 carried out in accordance with the general Directions given by the Charity Commission. An examination includes a Thiew of the accounting records kept by the charity and a comparison of the accounts presented with those rccords. It also includes consideration of any unusual itenjs or disclosures in the accounty and seeking explanations from you &s tnLSteos concerning any su¢b matters. Th¢ proceduffs undert&en do not provid¢ all the evidence that would ￿ required in an audit and consequently no opinion is given &8 to wh¢ther the accounts present a .tTr￿ and fair view. and the report is limi*d to tI￿se Jnatters set out in th¢ next staten]enL In connectlon with my eXatDiDatto￿ no matter has come to my attention: (l) which gives me re&sonable to believe that in any material respect the requirements: . to keep accounting records in accordance with section 130 of th¢ 2011 Act and section 44(IXa) of the 21)05 Act and Regulation 4 of the 2(M)6 Accounts RegulatiODS and • to prepare accoutrts which accord the accounting records and comply with the accounting requirements of the 2011 Act and section 44(IXb) of the 2005 Act and Regulation 9 of the 2006 Regulations hav¢ not been met or (2) whicty in my Opinio￿ attention should be drawn in order to enable aproper understanding of the accounts to be reach Tim Potter 91 High StrttL Great thll]mow CM6 IAF 21° October 2021