2022-08-31-accounts - Garras Owlets Pre School

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Trustees’ Annual Report for the period

From 01.09.2021 Period start date To 31.08.2022 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 identified in the 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 2021-22 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 reserves held	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 TR12 6AY

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee (ifany)
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 A Armitage		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 whole year
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	L Williams
	Mrs L Williams	Pat Nicholas
	Chair	Treasurer
	20.9.22
	20.9.22

	A	B	C	D	E	F	I
1	GARRAS OWLETS PRESCHOOL
2	Profit & Loss Account
3	for the 12 monthperiod ended 31/08/2022
4
5	Income
6
7	Funded Places		£45,413.82
8	Non Fundedplaces		£13,738.25
9	Registration fees		£20.00
10	Interest		£0.00
11	Collection box		£0.00
12	Match Funding		£0.00
13	Fundraising		£936.50
14	Other Donations		£274.54
15						£60,383.11
16
17	Less: Costs
18
19	Staff Costs			£44,935.88
20	Payroll fees			£553.23
21	Bank charges			£98.14
22	Overdraft fee			£0.00
23	Ofsted fees			£220.00	£45,807.25
24
25	General expenses:
26	SundryEquipment	£527.95
27	PlayEquipment	£318.84
28	PlayConsumables	£155.03
29	Stationery	£284.11
30	Postage	£3.85
31	Sundrymedical	£0.00
32	Cleaning	£144.81
33	Garden	£60.42
34	Other expenses	£1,118.89
35	DBS Check	£63.20			£2,677.10
36
37
38	PettyCash			£0.00
39	PLA membership			£0.00
40	PLA Public liabiltyins			£0.00
41	PLA Out of School Club ins			£0.00
42					£0.00
43						£48,484.35
44
45	Net Surplus (Deficit) forperiod					£11,898.76
46
47					Bank O/B	37,602.57
48					Surplus	11,898.76
49					Bank C/B	49,501.33	as at 31/08/2022

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Indepeiident Examiner's Report Report to tho trusteesl members of GALLqS OWLgt5 PQE ScHcK)L On aKounts for the ye ended 31 lo&lao2 Chwlty no Itf any) 112L•b Respectlve The chty's trustees ¥e reswmsble the Weparati of Ihe accounts. responsibilltles of The chanty's trustees consider that an aud is not required this year trustees and examlner under section 144 of the Chariiies Act 2011 (the Charities Act) and Ihat an japdent exanYHth)n is need&J. h& charity's gross inccffle exceeded £29],( and l am to undertake thè examination by beng a Iwalified membw rl [named bctyll. Ddete [ l rfnot apphGable. tt is rny reswnsiNty Io: 8xanin8 the accounts under seclicn 145 of the Charities Ac( to fcll¢M the Ffocedures W down in the g1 DrectK)ns gNèn ty the Charity CcAnmlssic (under section 145(5Xb) of the Charlties Act, and to state whth pwbculw matt5 have ccme to my attention. Basls of Independent My eXnatI was cwried cut in accmlance with general Dlrections given examlw's sLthment ty th8 Chwity Commisswi. An examination inckmles a review of the account recrdS kept by the chaiity and a cOmparisc of ts accounts pr8S&rted with those reC(dS. li also i)cludes cOderatIon of any unusual liems discloeS the acCCts, and seeking explanations from d truslees ¢ceM[j any such matter& The wocedures undertaken do not FKovide all the evidence that woubj be required in an audit. and conwuenlly no qinion is given as to whether the aGc¢xmts preserrt a Inje and fair. view and Ihe rewrt is limited to tlb)se matters set out in the statemerrt Independent In CnectiOn with my examination. no material matters have ¢ome to my examinerfs ststement attention (thr that disck)sed bek)w ') which glves me cause to believe that in. material respect,: lh8 accmtiig re¢dS were kept n aCclanCe with secticfi 130 of the ChJitss Act" the accounts nc* with the accountwig reQd5. or the accounts did compty with the atplicable requirements CemIng the IL and content of acccrtjnls set out in the Chariltes (Accounts an(J Reports) Regumions 2008 other than any requirement that the acc(xmts give a Irue aThJ fairf v¥ which is not a matter consMJere(l as part of an indepen(knt examination. I have have come acrc6s no (thr matters li c(tiOn with the examinalion to which attention sPK)uld be drawn in this re i) orts to enable a protw understsrthg of aCCnts to be reached. . Please dglete th8 brackets rflhey do not apply. Slgned: .C)1 2LJZ ond IER Decemb•r2017

Relevant profosslonal qualification(sl or body Of any)= Address: Sp.ctioii B Disclosure Only compkte If the examner needs to higlight matters of concem (see CC32. Indythjent exammiation of chty acc(wn. dI¢t10nS *KI guid8nce for examiners). IER December 2017

Glve here detalls of any ttems that the examiner wlshe5 to dlscloso. IER December 2017