## **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** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**wholeyear**|**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 qUalif￿d 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 e￿den￿ 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