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ANNUAL REPORT 2020-21

HIGH QUALITY EDUCATION & CHILDCARE FOR EACH INDIVIDUAL CHILD

www.watotopreschool.org.uk

THE CHAIRS' STATEMENT

Except for the two weeks, we are proud to have been one of those settings in the area to have remained open to children throughout.

The most significant event in the financial year has clearly been the impact of COVID19 and the subsequent lockdowns and complex guidance issued by government. This has been a difficult time for staff and families, and we are extremely proud of how well our team has risen to the challenges while dealing with their own family life during the lockdown.

We are fortunate as Trustees to have been able to fully support our leadership team in ensuring swift and decisive actions since March 2020. Initially, Department of Education, Government and Local Authority updates and guidance changed on what seemed like an hourly basis. Action plans and risks assessments, policy updates were done at lightning speed and at unsocial hours.

2020 has been a year of uncertainty for many during the pandemic and Watoto PreSchool has provided essential support to families as they adjust back into work and education, during these unprecedented conditions.

We have adjusted how we do some things and incorporated Government Guidelines surrounding Covid-19 into daily working practices to ensure the preschool is a safe environment for everyone. These guidelines are closely monitored with procedures adapted accordingly.

OUR MANAGER'S STATEMENT

Reflecting on the events of the past year preschool like other settings were profoundly tested in 2020-21. The COVID-19 pandemic demanded we respond, innovate and pivot, in recognition that children, families and early learning professionals were facing daunting challenges. What a year!!

Many hero’s emerged from the pandemic including our dedicated team who did not waiver when children and their families needed them. Our children did an amazing job adjusting to the new ways of doing things.

Covid-19 impacted our preschool life, we have had to work together to provide the best possible early education and childcare for our children with the everchanging restrictions imposed on us. This could not have been achieved without the fantastic support and understanding we have received from our parents and carers. Our parents were rock stars this past year being understanding and patience.

It has been a year of change as a few staff members moved onto pastures new and the team welcomed new employees with open arms, to begin their Watoto preschool journey.

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WHO ARE
WE ?
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Watoto Preschool’s provide 56 FTE early education and childcare places for children aged 6 months to 5 years We are open Monday – Friday between 8am - 6pm weekdays. Ofsted rates our PreSchool GOOD (2017)

Watoto PreSchool established by local parents who had a vision to create a centre of excellence, providing exceptional services delivered in a ‘home from home’ environment with an inclusive approach.

Watoto PreSchool has gone from strength to strength since we first open the doors in 1996 becoming a substantial organisation employing staff and managing an important early year’s provision in the Burngreave area of Sheffield.

We have over 20 years’ experience of managing integrated preschool education and childcare services. Over the years, we have built a reputation, as a provider of excellence, catering for the specialist needs of a wide range of children in our locality and beyond.

Board of Trustees

Watoto Pre-School is an incorporated charity. This means that the organisation is both a charity and a legal entity. The trustees are jointly responsible for the effective running of the charity and making decisions regarding its management in order to further its charitable purposes. The trustees have an overriding duty to act lawfully and in the best interests of the charity.

The Board of Trustees of Watoto PreSchool has overall responsibility for the management of the preschool to ensure children thrive, feel safe and secure in a stimulating and happy environment

The Vision

“High Quality Education & Childcare for Each Individual Child”

Our Promise to Parent Carers

To provide a welcoming, homely, caring and personalised service
To continue to deliver the Early Years Foundation Stage curriculum that effectively supports children’s learning and development
To deliver a quality service that exceeds Ofsted standards
To provide a professional service that is inclusive, affordable and accessible to all
To ensure your child has lots of fun
To provide a safe and secure environment
To welcome and respect different cultures and languages, and to embrace the positive contributions diversity makes to the development of each child.

KEY ACHIEVEMENTS

Covid 19 Pandemic …. Despite the unexpected and disruptive aspects over 2020-21 the preschool leadership drive and passion to continue to ensure the delivery of high-quality education and childcare for each individual child.

This level of commitment led by the leadership team was exemplified during the Covid19 pandemic with the exceptional support provided for children, their parent carers and not forgetting our staff team. The trustees are knowledgeable about the preschool through regular visits, monitoring and meetings which continued despite the pandemic.

Our staff team are superheroes, maintaining a quality service whilst being anxious about the pandemic and the safety of their own families. We could not have sustained the quality of service without the dedication and perseverance of the staff team.

Covid 19 Pandemic Special Measures …there were specific measures (DfE Guidelines) that had to be carried out to ensure the safety of children still attending preschool and preschool staff. Some of these required trustee oversight, and outcomes were communicated to all committee members.

reviewing and signing off of Covid 19 specific risk assessments to ensure that all safety and infection control measures were in place – completed by the Manager and Chairperson. reviewing and signing off new Covid 19 specific addendum to the preschool Child Protection Safeguarding Policy to ensure that protection measures were in place – completed Manager and by Chairperson
discussions with the manager about specific communications to parent carers, related to the isolation, bubbles, home activities for example, – completed by the Manager and Chairperson

Home Activity Packs.... For those children parent carers choose to keep at home through the pandemic we created activity packs aimed at parent cares supporting children with a rich and varied range of learning opportunities at home.

We wanted to promote the sharing of quality time between children and their parent whilst also supporting children’s educational enrichment and continue the nurturing of their love for learning.

We sent out the packs throughout the lockdown. This was complimented by staff contacting families via phone to check how things were going and offer advice if requested.

Baby Unit.... we revamped and relaunched t and through word of month and social media the numbers have grown steadily despite COVID 19. We also have a number of babies on the waiting list to start in September.

Continuous Professional Development (CPD)…

All staff are encouraged to participate in CPD to develop and update their knowledge and skills to enhance children’s learning in preschool. During the past year staff have completed various courses and training to develop their expertise in:

In the moment planning / curiosity approach
Safeguarding
PREVENT
Health & Safety
Fire Safety Food Safety Manual Handling Covid 19
New EYFS and Ofsted framework
Attention to Watoto (speech and language programme)

Investing in people

Working with babies.

Also all new staff, as part of their inductions and existing staff members completed and refreshed the following training course:

New Management System

The implementation of new software (Connect Childcare) as part of the drive to digitalise and integrate areas across the preschool…. overall aim has been to improve efficiency, remove duplication, reduce costs and improve internal and external communication across all the following areas:

information management and storage
daily tasks and administrative processes
internal and external communication tool

The impact on the preschool’s administration functions was the removal of many manual tasks. The committee carried out the required change which resulted in one staff redundancy.

KEY CHALLENGES

COVID 19, It goes without saying this has been the biggest challenge we have ever faced. This has been a difficult time for staff and families, and we are extremely proud of how well our team has risen to the challenges presented and continued to deliver a quality service despite the difficulties faced by the nation. The biggest

challenge was keeping up to with updates and the many changes coming from the Government.

Watoto PreSchool Rotherham, unfortunately the committee took the decision to close the preschool during the first lock down July 2020, as a result of the COVID pandemic and the low numbers. The forecasted increased sign up did not materialise for the autumn term 2020.

Wellbeing & Moral: staff wellbeing and the moral in the team was a big challenge it was a strain for everyone dealing with the unknown, the stresses and anxiety this causes, we are only human., everyone including the committee, the leadership team. staff team, parents even our children have been troopers, adapting and learning new routines and how we do things in preschool during these exceptional times.

'Our ability to handle life's challenges is a measure of our

strength of character'.

Les Brown

CHILDCARE FEES

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75%
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The re launch of the preschool baby room and holiday playcare services have contributed to this significantly.

Increase in the number of fee paying parent carers

OCCUPANCY

-35%

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Decrease in occupancy levels
over the year
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The reduced occupancy level compared to previous years is the result of COVID 19 where parent carers choose to keep children at home.

HOLIDAY PLAYCARE

47%

We had an increase in numbers attending the summer play scheme aimed at supporting key worker children.

Decrease in occupancy levels over the year

THE FUTURE

For 2021-22 we have five key development areas of focus. These are as follows:

PreSchool Curriculum

For September 2021 get everyone up to speed with the changes being made to the DFE Early Years Foundation framework.
Ensure all staff are aware of the revised Ofsted framework.
Fully embed the in the moment / curiosity approach into everyday practice..

Staff Team

Revise preschool continuous professional development framework.
Wellbeing of employees review to ensure the preschool is doing everything that’s reasonably within the reach of the preschool.

ECO Friendly

Saving the planet is a massive issue for everyone we want to look at what we can do as a preschool to ensure that our world is sustainable and fit for future. The particular focus for the coming year will be our use of plastic in preschool. How can we use less!!

Management Online System.

·Review and ensure the greater efficiencies and improved communications materialises in practice.

Marketing

Build on and utilise the various social media platforms to promote and show case the preschool. As well as improving communication and building relationships between current parents, the wider community and create interest from new parent carers looking for a preschool that is engaging and actively sharing daily activities.

A new preschool web site
Create preschool blog

Everyone for supporting the preschool.

A special thank you to our parent carers, we so appreciate your patience and understanding during this last year of real challenge.

High quality education & childcare for each individual child

Clwrfty Rgu4¥tradon No. 1121786 Company R•glstTrtlon Nth 05876594 (En9knd •nd Wal•g) BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE-SCHOOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE-SCHOOL LEGAL AND ADMINISTRATIVE INFORMATION Management Commltt•• Awallen N Cardwell MrG Wson Charfty mimb•r 1121786 Company numbgr 05876594 Roglstsr•d offlco IAlatoto prSehO01 139 Catherine Road Sheffield S4 7HJ IrKlopgndqnt •xamlner Grant BAACA Wells Rlchard8on Cannon House Rutland Road Shoffield South Yorkshire S3 8DP Bank•rn Lloyds TSB Bank PIC P.0. Box 85 14 Church Street 8tteffd South Yorkshire S1 1HP

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE4CHOOL CONTENTS Pag• Independent exwn18 rewt Balance sheet 6-13

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE4CHOOL COMMirrEE MEMBERS, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2021 The man8gement comittee present thelr aru port aThd finaral statements for the year ended 31 Marth 2021. Thè ftnandal Statements have been prepared in accordance the accounting polides set out in note 1 to the financial statements and comply with the charity's Memornndum of As¥ociation. the Companles AGt 2006 and °Accounting and Reporttng by Charities: Statement of R8commended Practice applicable lo chariiles preparing their accounts in acujrdance ¥th the Financr81 Reporting Standard applicable in the UK and Republk of Ireland IFRS 102) {effectlve 1 January 20191" Obj8ctlve8 and actlvltlo9 The charity$ obl8cts are.. 1) To advance the educallon and provtdé safe and stiThl?n9 care of all children bet4¥een the ages of slx months and five years, In particular those Ilving in the Burn9reave and adjacent areas of the Cty of Sheffield flhè area of benefiv'l and who are from minority ethnic backgrounds. and to advance the education of those responslble for thelr day to day Gare. without distinctlon of gender, race, disability, sexuality. soclal ctO$3. rellgious belief or polikncal belief.. and 2) In the pursuance of the above obje¢tiv¢, to establish, maintain and manage a localty controlled Community chlldcare cenlre, wovldlng care and educatlon aimed PacUlartY at children from the area of benefft, and training ylmarfly In childcare and personal development s1[5 aimed particularfy at adults, students. and School pupils from the Area of benefit. The charity also operated a separale school In Rothetham bul th18 was forced to P8rmanenly ctO8e in Juty 2020 due to the Covld-19 pandemlc. The aims of the ¢harfty 8re: 11 To provide a hlgh quality nursery educatson and chlldcare 6ce for thildren aged slx months k) five years lo ensure they have a surg start In readlness for 5¢hool. 21 To provlde a 8erviGe that enablgs parents and carèrs lo lake up educational training and employment opPlune$ in orderto contribute lo the social arKI economlc regeneration of 8umgreave. 31 To provide a profe88ional. culturally appropriate seNSGe that is affordable and indusive of all. 41 To encourage slaff, students and sthool pupils to devew and advance their skllls, qu0fiCatIonS and underslandlng within the nursery education and childc8re sedor. 51 To work Sn partnership other local and elt& agencies to share good pradce and to contrtbute lo the 8traleglc dlrKtbon of nursery 8ducation and chlld¢are 8erv¢ce8 in Bumgreave. Th? management committee have pa5d regard to gLsidanc8 issued by the Charity Commission In deciding what act6vliles the charity Should undertake. In particuLqr. the Trustees consider how planned athities will ontrlbule lo the aims and ob5ectives that have been set and ensure seNces continue to be of beneltt to the general publlG. Achl•vem•nts and perfornian¢• Flnanclal revlow The fflanagÈment committee has e¥tat4ished a poliGy %there the unrestricted funds not commltted or Invested In tanglble fixed assets Clhe free reserv8s"> held by Ihe School should strive lo be represented by six months of the resources expended, with a nunlmum balance of £100,000 in general funds. This would enabk Ihe School to conunue operating at the same level of advilies in the event of either a slgnSficant drop In fundlrwJ or major buildlng repalrs beMIng Imperatbve. allong tlme for altemave funding to be secured. At 31 March 2021. the free resee$ were suffirienl to meet seven weeks, expenditure. A8 vrith most other sectors of the economy. the charty h88 been affected by the Covid-19 pandemtc wllh a reduction In income, However, with govemmenl support and a tight reln on costs. the tharity has actually managed to Increase its reseNe8 during the year. Thè management commlttee has continued to recrganise and streamline all pro¢esges ol the SeJ)ool. Th hag involved cplmlslng staffing levels, strengthening existing budget8ry controls and Intro(ludng management processes lo ensure the long-lemi financl81 vSabllity of the School. The managemènt comm5ttee conslders that it is opproprfale for the funds of the Centre lo be retatrd In the SGhcol's bank account lo meet the dally requirements of the School's expenditure. The members of the aommittee do not ccnslder there are funds in excess of the daily requirements for Investment.

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE4CHOOL COMMirrEE MEMBERS. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Th8 management commlttee has assessed the ff4or rt5ks to the dwty Is exFwed. and Is satlsfied that $ystams are In place to eXFM)sure to the rn8r risks. Structurei governanc• and m•nag•ment The Black Women's Resource Centre Watolo PrSch wa8 8stsblth8d on 14 Juty 2006 under Memor8ndum of AswGlaon and 1$ govemed urKler Its Artidgs of Association. as amended by spg¢lal resolulion dated 17 October 2007. The charity is a company limlled by guarant88 and each member of Ihg company Is r•qulrod to e4)ntributa an amount not 8xceedlng £1 Should the C(panY bè wound up whll8 they ar8 a member. ar within year after th8y Gease to bg a mgmber. The management MmIttee, som8 of wlK)m are also tho dlrectors for the purpose of company law. and who 88rved durlng the year ar up to th& dat& of nalurg of the fThndal statemonts were: J Brown . Dlrector and truslee AWallen- Dlrector arKI trustee N Cardwell - Dlrector S Joslnah - Dlrector G WlsM- Dlrothr and tr {Reslgned 11 Swtember 2020) Any person qualSfied and wl8hlng to be¢ome a tru8te• must bg agod 18 years or over arKI must •lther b• recommended by tho Trustees or be nominated for g18cllon by a member of the Charlty. A Trjmlnallon for elactlon from a membar must be SIgn by that member and by the person b8lng nomlnated, and It musl b lodged vlth the Secretary rK)t18ss than 7 nor rrvJre than 28 clgar days before the dale of th•AGM. Th• trusl¢e8 when complele con8i8t of: 1) the Offl¢ers ol the ¢h8rfty {Chalrp8r80n. VIChdIrp8fwn. Stary and Treaswer) elerAed at each AGM 2) up to 2 representallves ol member organlsatlons elected at oac AGM 3) up to 3 Indivldu81 members elected at each AGM 4) up to 3 Indivlduals Iwtho need not be of I ch8fltyl c4)•ted by tho tru8t008 Tho Trustee$ must hohj a mlnlmum of two meetlry yoar, otherylse arrango 8ThJ hotd tholr meellngs a8 they see fft. If approwlate, meetiry may be hohj ty electronlc means. The day404ay runnlng of tho chadty b de*ted to the m8n8ger. 1118 th8 pollcy of th• management to appolnt trust80s fr(¥n pargnts of chNdren attend tha nur80ry whlch Is run by the Schcd. As a result they be famlliar dready wlth varlous do¢umonts relatlng to the hl8tory and of the Black Women's ReSr¢0 Centrg Waloto PT8-S¢11. togthar wlih a numb9r of polty documents ¢overing tho day-trkday runnlng of thg School. They wll have attfjnd the regular meeUngs of the management CMittee during whhth the businos$ and financés of the Schcd will have been dlscussed In detsil. logelherwlth the managemenl CMIO8.8 ro, responsibilty and obligati¢)n$. Every trustee mu81 Sign 8 dedaralton of wlll1rwJn lo ad as a tru$to0 of th• charlty before they are èliglblo to vole al any meelng of Ihe Trustees. The o)mmlltse members. reikn was apwoved by Board of Managemènl Commlttee. J 8r¢>wn Director Dated.. 20 January 2022 A Ylall•n Dkecl(Y Dated:20 Jawary 2022

BLACK WOMEN'S REPJOURCE CENTRE WATOTO PRE4CHOOL INDEPENDENT EXAMINER? REPORT TO THE MANAGEPA&4T COMMITTEE the BLACKWOMEN'S Re80URCE cElRE ReBp(4xlbllhl•• and ba•ts of roport A¥ tha m8nogemant conNnll8 of the (and al80 Ils tffirnclorn for th8 puwoe• of Ci¥npy hw) you are rewnwblo for the prEparntton of the 8curdm wllh th¢ roqulremonts rf the le ofthe 2008Act and arn ew fur bthpetht eXn8 I r•port in of ry exAmkwUt)n ofth• thwity's finen[ ¥taterneth c4rrf8d +Xrt under aecikn 145 ol the Charllles Act 2011 (the 2011 kl). In urthr secuon 14515Xb) dlhe 2011 kndgpond•nt examln•ts statsm 3 tho financkt StatoM do not comply wth the accounthy of sorak)n 396 of the 2006 P athorllAn ary r¢qutr8ment th eccourds a true and fotrvi8w wlith18 rnt a con8hlered espwt ofan Indepondent exaThthth: or R¢public of lrniand {FRS 11r2). I have ro ¢<NK4m8 and ha4 cm 8¢X0 no oth¢r In (x)nnedon wtth th? wmlrt8llon to whkh rdlon Sho bfr dmn In thls reF•Xt In wder tr erAblg 8 ofth8 finandal Slatem Irthpendent Exwntner ChartorgdA¢countsnt C•nnon Houue RuU8nd Ro& shthld S3 8DP

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE4CHOOL STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDrruRE ACCOUNT FOR THE YEAR ENDED 31 IAARCH 2021 fvnd• 2021 fund• 2021 fund• 2020 nds 2Q20 2011 2020 Govemmenl grants Charitable 8GtlvlU InveJtm8r 15.205 226.080 15.205 229,814 3.734 266.548 9,569 276,117 YO In¢om• 241.286 3.734 245.020 266,551 9,569 278,120 Charfthts 4clivllle8 216.046 3.734 218.780 268.058 9,689 277,827 N•1 Incom•ll•xp•ndlturnl for th• y•arl N•t mov•m•nt In fund• 26240 26,240 {1.50n {1,607) Fund bal•n¢o4 at 1 Aprll 2020 5.282 6.769 6,789 Fund b•l•nc•• •t 31 Il•r¢h 2021 31,502 31,502 5.282 5262 Tho thtement offin1 •cUvllle• InCjd g•kn• ond10••8• recogthd In th• y•ar. AJI kncome and exp•ndltyre derfby from o)ntirndry arl4fj008. The s14t•ml of tlnlndal 4cilv6th ¢¢xnplM ¥Ath th• requlrom•nt# for an Income and oxp•ndlture •c¢ount undor tho Conwnle8Act 2006.

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE4CHOOL BALANCE SHEET AS AT31 MARCH 2021 2021 2020 Notes Flxed assets Tartgible assets 4.244 1.903 Current assets Debtors Cash at bank and In hand 10 583 37.429 7,597 24,471 38.012 32,074 Crndltors: amounts falllng du• wlthln ono ar 12 (10.754) (28,715) Nel Current assets 27,258 3.359 T¢)tal assets less current Ilabllltles 31,502 5262 Inme funds Unr•stri¢t6d fund$ 31.502 5262 31,502 5.262 The company Is entltled to the exemption from the audf( rgquirement contained In sectsn 477 of thè Companles Act 2006, for tho yaar wdèd 31 March 2021. The directors acknowledge their responsibilities for complying with the requiréments of the Companles Act 2(K16 wllh respect lo accounting records and the preparation of financial statemenls. The members have not rgqulred th8 company to obtaln an audlt ol lis flnancaal Statements for the year in questlon In accordance wtth sectlon 476. Thgse ffinanelal statémènts have bean prapared In accordance wlih the provlslons applicable to ¢ompanr&s sublect to the small companies regime. The financial statements were approved by the Management Committee on 20 January 2022 A WaIn Trust•• Trustee Company Reglstratlon No. 05876594

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE4CHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accown9 pollcl•• Ch•rlty Inforniatlon Black tsMen'S Resour¢e Pr&S¢l)od Is a wl¥ale company lInled by guarantse Incorporated in Englartd Wales. The registered ¢)ffice Is v10t0 PTfrSchod, 139 Catherfne Road, Shaffld, S4 7HJ. 1.1 Accountlng conv•ntlon The finandal Statements have l)een prepared In accordance ith Ihe tharfiV8 Mwnnofandum and Artld88 ofA88odatlon, fv Companies Act 2006. FRS 102 'The Financial Repofung Standard 8ppllcabl8 In the UK and Repubhc ol Ireland. fFRS 102? and tho Charity88 SORP "Ac¢ounYry and Reporting by Char411e8'. Stslement ol RecommerKled Practicé apFIKobl• to tharbtias preparfng thelr ooxunts In 8ccNdanc& the Fknancw Repoiting Standard 8ppll¢able In the UK and Reput41c of Irellnd (FRS 1021. (•ffedve 1 JOnry 2019). The olarfty Ki a Putr 8fit Endty 4$ dgfffte(I by FRS 102. The tharty hal taken advantago of tho In SORP dwldes not to pr¢pare • St8terywnt of Ca$h Fkn. Th• flnandal $t8tsments are preparod on Iterflng. li t fund(th1 gjrrency of ts charfty. M(Tht•ry amounts In these fflnancial $t•tsments are munded lo tha nèarèst £. Tho flnond41 •tal•m8nts hav• sYopar•d und•r the hlthkal ¢o•l con¥On. Th• wMp•l accounllng polldes adopted are set out bolt. 1.2 Golng conc•m Al the Ilme of wovbng ts flnandal llatsments, th8 management C4>mmittee have • roawnable expeclatlon t1 the ¢harfty has adequats rnsources to conthue In operatlonal oxl8tence for the fore8•tab future. Thus the management committee confjnue lo adopt th• gobng c¢)nffl ba818 of accoUnn9 In preporfng th¢ finandd •terMrts. la Ch•rlt•bl• fimd• Unrestrlded thjnds are avallablo for at ts d18wUfm of ¢h• nwnagement ¢immltte• In futheran¢• ol thelr charflable oblecuves. Reslri¢i¢d funds are subled to 8p&%ffc ndIt6 by donors a$ to hthv they moy be u•ed. Tho purpoMJ and use8 of the restrlthd are set out In the not•8 to the financial sta16menls. 1A Incvm• Irthm• h r¢¢ogniMd tharrty i$189ally ontillod lo il atsr any perfrymjnce COndon$ hjve been mrt the amounts can bo moasur•d rellabty. arxl It Is pmbable that Inc¢mg be recthI. Donal•d la¢iltie• and serllcas are Indud¢d at the vthe to the Sthool thtrtre thLs can h quantlw. The v4lu& of 8eThlce8 wovlded by volunteer8 ha8 nol been Indthled In the89 a¢¢ounts. Grants, entidement on the delrvery of a spefiC pwfomiance by the School, are rfjojgnised vthen the Sthool becomes uncondtlonoty entllled to grant Grant$ related to performance and spadfic delNerabies, are accounted for as Ihe Sthool eams the right to Colder810n by tts Vthere IrttKntrvJ resource8 haby related expenditure {as ith fundralsingl. the Incoftlry re8ource8 ond r•lated eXpendJre are reFvled gro88 kn th8 SOFA Bank Interest recognl8ed tt i# crethted to tr aCfA

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUEO) FOR THE YEAR ENDED 31 MARCH 2021 Accountlng poll¢l (Contlnuod 1.5 Exp•ndltur• LIabil1&S are re¢ogrMsed as loon a8 thwe • W or construcb¥e obllgatlon to pay out f0•OLrn. e¥p8ndlture 1$ reo)gnt8•d on an a¢¢yud• b•tl& Charilabl• exp¢ndlturn comwges those ¢0 IrKurred by the Sdvjol in d)8 delivery of Ils aGlivltle$ and

ervScu for its benefficl8rf85. It wvJud¢s costs that (w bo oll¢**ted dlrectly to aclMOe¥ and th

co¥ts ¢f an Indtrect naturg rceMary to $upport Ihem. RedundAncy costs •r¢ rwnTrwl In the pwknd In they arn Igrrtd. Go¥emarKe cKJsts IrKluded the costs ol prép•raUon and examinalion ol the Statutory •¢¢ounts. the M81 of InJstee meotlngs and the c08t of any 8dvk• to tnMtees on or con8tltutlonal mgtt0rn. 1A T•nglbl• fix•d a•••ts TangSblè fixed a8sets w• InlY¥ly mlured •t co•t •nd rroa•wad •t co•t or lUatIOn. not of depred4lon and iny Impalmxnl losses. Item8 of equlpment are onty capllAlb•od purGhJw pdce exceeds £1.000 and they can b• uwd fof more thon om yow. Depreclatlon 51 r•cognknd so •$ to vrtlle off the ¢011 ty v•kMdon of amets thetr r[dual ovoi Uv•i on the fou bams: Flxbjrns and fftlln 25% thlghl lkn• The glln or lou adn9 on the dow of an aswl h deternned as Ihe differnnc• bet••Men the ••1• ¢¢••d• and th? va& ol the ••s•L l• r•cogrd•ed wi Ilw •t•l•m•nt ol finand•l •cUvStl•s. 1.7 Imp•lmwn¢ of fix•d a•Mts At each reportlng end dale, the ch8rlty rn¥[th tho ¢wrylng amounls of Its tanglble agsets to detsmln• vthother Ih•re18 any IndICa th81 those have suffered an ImpatrThwknt $0$8. If any 8ud) Indlcall exi$ts. the recowrnlA8 •m¢xmt ofthe •886t h •Jtknth kn order to d•twmkno ts extent ofth8 1ffy1m)I loss {rf any). 1.8 C••h Ind ¢4•h equlval•niT Cash and cash wivalents Indudo ¢Mh In hand. dopo•s h8kl ai lth b•nh. othw •hort4em) Ilquld Inve81ments with odglnal maturilles of thr•e nw)ntrA or lem, and bank ovwdraft¥. B•nk overdrafts •r• Th4th1n bminp in Cufrthtt lablili8& 1.9 FOnancl•l In¥trts The charlty has 918ded to tho of S¢dbon 11 '888k FlnJn¢aal Inuments' and S8ctson 12 'Other Financlal Insbwmenl$ Issues, of FRS 102 to all of b finandal instruments. FInan Instruments arg r¢wnlaed In th8 thwSty'¥ t)alwwx sheet Ttsn become¥ paty to the ¢tradUal ofthe Instrwnert Flnanclal assets and liabl18$ are offseL Vlith fv net amounts kvesented in th• fmanaal statements, en there Is a legally enforceable lo set off the recognlwd amourts and there is an Intention to 8etUe on net b3 or lo reall¥e the assel WKI setlle the Ilamity simuliane0.

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE4CHOOL NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 AGcoyntlng pollcl (Contlnu•dl 8asl¢ fin0laIs•ts Basic fmandal assets, In¢knlo detm WKI bank balances, are Inttlally meawred ot transadon prke Induding IrarMdon costs and are wbsequenty carried al amor$8 co¥1 uslng Ihe effective interest mèthod unless the arrangement CStitUteS o finaIng tranjaclbn. wther¢ th? transgcti 1$ measured at the prewt value of the future rttpts dIsCted at a mark6t rate of InteresL Flnandal Baiic Ilnandal Ilablmles, Indj[rj crerfrtorn oTh1 bank i01 are Inlually reCognLd al transacllon prf unle81 the arrangoment consti1u a finan9 transath. there the dsbt Instrument Is measured at the pre8enl value of the future payments dls¢thmt•d at a m•rt•t rate of Intere8L FIn1nd Il•b]Ihl•8 clas8lfl•d Is payable thIn one year are not 8mtirti8ed. Tradè cr•dhor8 8re obligab'on8 to pay fw g¢)o(1s or 8thwice8 that have been •cqulr•d In thg ordlnary courn• of operallons fmm sup1¢8. Amounts payabkn are das8ffi•d as liabl18$11 paymw)t18 due wlthln e year or I¥. If rtoL th¢y arn PTe8ented as rw)TroJrrent 11a05. Trade uedrtorn are rocognls•d InStl•lty at tranmcllon and •ub•ewnty m8awod at amortis•d cost uwng the effectiv8 Intsrngt method. DwKoqnlUon of Iln•n¢tslllabHhl•s Fln4ndAI Ha111105 are derwmd tAen the oWkn• exptre or wo dl¥thorg•d or ncelled. 1.10 Tax•llon The charlty li not llal)le to Inc¢ry or capl41 yln8 t•x on h dwrllab]• •ctblUM. Irr•c4Mrnbi• VAT II Induthd In th• al1 colt or lo It r¢l•t 1.11 Employm b•n•fits The c¢8t of any unuMd holkl•y •ntIl h rwnlwd In thè p&lod In •mploy••'• 8wlce• Comnrt to termhiato the emptoyment ofan employee or lo temhalon b8n•fft8. 1.12 R•tlrnm•nt b•n•fity Payments to defThd contrlbullon rirem•rt b•n8fft #dWn are ¢aryd 48 expense •J thay fall due. Grfilul accounllng m•1 and Judg•n In the appcatIOn of th¢ accrnurtln9 p&ldes. th¢ management commthe arn rnquirgd lo make judgements, eslimaleg aTrJ assurTplions abt the c•Thying amount of gsselg end Ilabllitles that are not readity apparent from ¢)ther 8ource8. The estimates and assowled assumptions are ba88d on hlstorfcol exp•nenc8 and other factor¥ that are ¢on%dered to h relevanL Actual results may fftr from the8e esUm818s. The estimatss and undetylrvj assumplons ¥e revied on an ongolng basls. Revisions to accountlng estimate8 are recognlsed in the period in filch the e8limate is rew8ed wthere the revislon affects only that period, or In the wiod of the reWon and lufvre periods tpA)ere the revision affecty both cuThent and fuiure

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMEKrs (coKriNUED) FOR THE YEAR ENDED 31 MARCH 2021 Totsl 20 Job retend¢Jn sd)em8 15.205 Charft4bl• actfvNt•s 2021 2020 Sheffield Cty Cound and Rotherham Bwough rncelFts Parents, fees Restricted Shefflekl Cty C¢)undl grants 224,206 1.874 3.734 238.097 28.451 9.589 229,814 276.117 Anatygis ty fund Unrestrlded furwJ8 226,080 266.548 3.734 9,569 229,814 276.117 Unrnstrict•d Unrestrided 2021 2ff20

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Charllablo actlvltlo• 2021 2020 staff cost$ Depreciation and Impairment Adrninistration of payroll Advertising Bank charges Cleanlng and hygiene materials Computèr and CCTV cosls Llght and heat In$uRnce NLwsery meals Office and photocopier $upplles Pky resources and materials Professional fees Rent, role$ and water rate8 Repairs and renewa18 Staff Iralnlng Travel expenses and OLrtlngs Telephone Loan Interest 143,665 1,414 778 1,$88 192.280 3.920 763 2.180 71 2.018 9.585 7.858 2,227 4,008 6.311 712 13 14,282 7,150 1,187 2,669 6.207 5.860 1.568 671 4.094 4,451 4.792 12.243 133 924 2,000 2,012 193.140 255,307 Shore of 9ovemarKe costs (see note n 25,640 22.320 218.780 27T.627 Analysls by fund Unrestrided fijnds Restrkted funds 215.046 3,734 268.058 9,569 218,780 277.627 10-

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE4CHOOL NOTES TO THE FINANCIAL STATEMEKrs (coKriNUED) FOR THE YEAR ENDED 31 AIARCH 2021 support 2020 lrnleperrfl8nt Ex•mr*r 1.740 1.740 1.320 Business, HR, HeaAh and Salety ¢onsuttar 23.900 23.900 21.000 21,000 25.640 22.320 Chaiitable acb¥ibes 25.640 22.320 22,320 Employe 2021 Numb 2020 Numb•r th8 year is: 12 15 2021 2020 Vthges and salaii 134.759 2.031 181.114 5.371 4.116 Other peOn costs Redundancy costs Agenq and pt co¥ts 3.418 193 1,679 143,665 192,280 11

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2021 T•nglble Ilx•d a8s•ts Flxturo•ndfAUngB Cost At 1 Aoril 2020 Addthns 10,974 3.755 At 31 March 2021 14.729 Iweclatlon and Implmi•nt At 1 April 2020 Depreriation charged In the year 9.071 1,414 At 31 March 2021 10,485 C•rrylng amounl At 31 Mar¢h 2021 4,244 At 31 March 2020 1,903 10 Dobtorn 2021 2020 Amounts falllng du• vAthln ¢)n• year. Trnde debtors 7.597 583 583 7,597 11 Loans and oveT(trJlts 21 2020 Bank togns 18,000 Payatle vilhin year 18,000 The bank loan vras repatd during the year. 12-

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE4CHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 12 Cr[tOr. •moun18 falllw orw ye 2021 Bank loan8 othertsxation soclal sea Trade creditQTS 11 18,000 1,T19 1,832 7,302 1,W20 10,754 28,715 13 Rutrlctsd fvnd¥ Restrkled fvnds o)nsist of bKome daNrBd from Ctyjncl for spear pupil red5. AJI the income was ulilised in the year. 14 Op•ratlng1oaso 1MmItMents At the repothg eryj date the ftharity had wtstandlng Commitm for future mknimum lew payments under norcellab operatiry leases, fall due as fcA1ch. 2021 vththln year 15 Rolatsd party ts¥nwllo No remurwadon vrds paKI to Y trustee for•Xuiq as a trustee. Travel and other expenses arr• to £NN (W20. £N 1nrned lo trustees dng the ye. Janette Brown i¥ a ifirector of Vktoto Enterwtse Unrrited. Tr thartty dS charged £9.400 (2020: £9,000) by this Gompany frx the provwon of Human ReSoUe3 and Heath aNI Safety management via the prov15w of one person during Ihe year under rewew. Included in Trade (xeditors was an amount of £NII (2020.. £2,400} owing to Watoto Entetprise Lmnited al 31 Mgrch 2021. Gregory Wlson is a secretary of v1)rO Assoaates tiThited. a management o)nsultancy Mmpany. charity was dr9ed £17,077 (2020.. £12,0) for the cost of employees seconded to the char5ty and CCTV instolla¢ion charges. In¢lthd in Trade was an amrrtmt of £1.500 {2020: £3,0)) tywng to IbroAssoctates Limited at 31 March 2021. No other truslee w other persm Conne to the chwity had Sry personal interest In any ¢4Ybtract or tran¥aGtion entered into by the charity during the yeor. -13-

BLACK WOMEN'S RESOURCE CENTRE WATOTO PRE4CHOOL CONTENTS Pag• Independent exwn18 rewt Balance sheet 6-13

ervScu for its benefficl8rf85. It wvJud¢s costs that (w bo oll¢**ted dlrectly to aclMOe¥ and th

2021-03-31-accounts

ANNUAL REPORT 2020-21

THE CHAIRS' STATEMENT

OUR MANAGER'S STATEMENT

Board of Trustees

The Vision

“High Quality Education & Childcare for Each Individual Child”

Our Promise to Parent Carers

KEY ACHIEVEMENTS

Continuous Professional Development (CPD)…

Investing in people

New Management System

KEY CHALLENGES

CHILDCARE FEES

OCCUPANCY

HOLIDAY PLAYCARE

THE FUTURE

PreSchool Curriculum

Staff Team

ECO Friendly

Management Online System.

Marketing

Everyone for supporting the preschool.

ervScu for its benefficl8rf85. It wvJud¢s costs that (w bo oll¢**ted dlrectly to aclMOe¥ and th

ervScu for its benefficl8rf85. It wvJud¢s costs that (w bo oll¢**ted dlrectly to aclMOe¥ and th