2021-08-31-accounts - Garras Owlets Pre School

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Trustees’ Annual Report for the period

From 01.09.2020 Period start date To 31.08.2021 Period end date

Charity name: GARRAS OWLETS PRESCHOOL Charity registration number: 1124305

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To enhance the development of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by; a) offering appropriate play, education and care facilities, family learning, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means of ability; b) encouraging the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas. c) instigating and adhering to and furthering the aims of the Preschool Learning Alliance.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identifiedinthe accounts.	Para 1.17 and 1.19	Garras Owlets Preschool was established as a response to falling rolls in the school, and to address the need locally for preschool education. It is licenced by Ofsted to take up to 20 children from 2 years to statutory school age.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees have had regard to the guidance issued by the Charity commission on public benefit.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making

Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	In 2020-21 Owlets continued its morning sessions Monday to Friday 8.45 – 12, plus Lunch clubs daily from 12-1pm. Afternoon sessions on Monday, Tuesday, Wednesday and Friday. Staff levels were maintained, training needs were closely monitored and course attended were required. Close co-operation continued with Garras Primary School ensuring a smooth transition for pupil into the reception class. Other pupils left well prepared for other local schools. This was particularly important given the disruption caused by the global pandemic. Owlets was judged as outstanding by Ofsted in all areas in March 2015 and May 2022. Made the choice to register as a provider of 30 hours funding from September 2017 for eligible working families.

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against objectives set	Para 1.41
Performance of fundraising

activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	There is a surplus at the end of the period.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The management committee recognises that attendance at Owlets is cyclical. At the end of each academic year a number of funded pupils leave to enter primary school and are replaced by younger non- funded pupils. Younger pupils (2 and 3 years) require a higher staff/pupil ratio of 4:1. Funded children (3+) require a 8:1 ratio. Numbers are always lower in September (the start of the year) and build up as we go through the year. It is necessary to have a financial reserve to support with low-earning period.
Amount of reservesheld	Para 1.22	There are reserves of £2500.
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	Government funding of preschool places does not cover the costs of providing them. Garras Owlets remains financially viable due to;  Firm control over staff/pupils ratios i.e. no over staffing  Non- funded payments supplementing some of the shortfall.  Continuous fundraising throughout the year.  The primary school providing the premises and utilities free of charge.

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46

Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Trust
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Volunteers elected by the management committee

Additional information (optional) You may choose to include further statements where relevant about:


Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	GARRAS OWLETS PRESCHOOL
Other name the charity uses	GARRAS OWLETS
Registered charity number	1124305
Charity’s principal address	c/o GARRAS CP SCHOOL ST KEVERNE ROAD MAWGAN HELSTON TR126AY

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee(if any)
Mrs L Williams	Chairman	The Committee
Mrs N Williams	Vice Chair/Asst Treasurer	The Committee
Mrs P Nicholas	Treasurer	The Committee
Mrs C Savage	Secretary	The Committee
Mrs J Kettle	Asst Secretary	The Committee
Mrs S Bray	Fundraisinglead	The Committee
Mrs S Williams		The Committee
Mrs R Nisbet		The Committee
Mrs B Abingdon		The Committee
Mrs G Ely		The Committee
Mrs M Bagshaw		The Committee
Mrs D Briggs		The Committee

Corporate trustees – names of the directors at the date the report was approved Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for wholeyear
N/A

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	Mrs L Williams	Pat Nicholas
	Chair	Treasurer
	17.6.22
	17.6.22

GARRAS OWLETS PRESCHOOL

Profit & Loss Account

for the 12 month period ended 31/08/2021

Income

Funded Places		£37,944.53
Non Funded places		£8,306.02
Registration fees		£20.00
Interest		£0.00
Collection box		£0.00
Match Funding		£0.00
Fundraising		£1,207.50
Other Donations		£288.27
					£47,766.32
Costs
Staff Costs			£43,138.51
Payroll fees			£665.78
Bank charges			£93.83
Overdraft fee			£0.00
Ofsted fees			£440.00	£44,338.12
al expenses:
Sundry Equipment	£624.82
Play Equipment	£362.20
Play Consumables	£75.81
Stationery	£265.02
Postage	£2.14
Sundry medical	£9.44
Cleaning	£87.34
Garden	£352.95
Other expenses	£896.50
DBS Check	£0.00			£2,676.22
Petty Cash			£0.00
PLA membership			£681.13
PLA Public liabilty ins			£0.00
PLA Out of School Club ins			£0.00
				£681.13
					£47,695.47
Net Surplus (Deficit) for period					£70.85
				Bank O/B	37,531.72
				Surplus	70.85
				Bank C/B	37,602.57

Less: Costs

General expenses:

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Report to the trusteesl members of AQ£AS OIAJIErS PoEScHoo L Ofl2oLI On accounts for the year ended Charity no (if any) Set out on pages Respectlve Thè charity's trustees are responsible for the preparation of th8 accounts. responsibilities of trustees The charity's trustees consTrder that an audit is not required for this year and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an independenl examination is needed. rrhe chariiy's gross income exceeded £250.000 and l am qualified to undertake the examination by being a qUalifd member of [named trx)dyll. Delete [ ] if nol applicabl8. It is my responsibilty to: examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 14515)(b) of the Charities Act. and to state wheth8r particular matters hav8 com8 to my attention. 8asis of independent My examination was carried out in accordance with general Directions given examlner's statement by the Charity C¢)mmi5sion. An exarninatTron includes a review of the accounting rewrds kept by the Charity and a wmparison of the accounls presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concèrning any suth matters. The pr¢xedures undertaken do not provide all the eden that would be required in an audit, and onsequenlly no opinion is given as to whether the accounts present a 'true and fair. view and the report is limited to those matters set oul in the statement below. Independent examinerfs In connection with my examination. no material matters have come to my statement attention (other than that discbsed below ') which gives me cause to believe that in. any material respect.: the accounting records were not kept in accordarKe with section 130 of the Charities Act; or the accounts did not a¢c¥)rd with the accounting records" or the accounts did not comply with the applicable requirements conceming the lomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter Cons as part of an independent examination. I have have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of Ihe accounts to be reached. IER December 2017

. Fryease delete Ihe words in Ihe braGkets rfthey do not apply. Signed: Date: Namè: •f+¢yDJ Relevant professlonal qualffication(s) or body (if any): Address: Only complete if the examiner needs to highlight matters of concem (see CC32. Independent examination of ¢harfty accounts: directions and guidance for examiners). IER December 2017

Give here detalls ol any Items that the examlnèr wlshes to dlsclose. IA IER December 2017