THE BEECHES PRESCHOOL Charity Commission Registered No: 1124606 ANNUAL REPORT AND ACCOUNTS For the financial period ending 31" July 2023
Tru8ts0 Annual R•port For th• yoar •ndlng 31t Juty 2023 The trustees present thèir report and Independenty examined flnoncial staternts for the yeor anded 311t Juty 2023. R•fw•ne• and Admlnl•tradv• D•tal Registered Namv. Charlty N(Y. n24606 Operatbnal Address: Thg Alloma 4bal Famlty Centre 157 Cromwell Road P8tefborough PEI 2EL Trustees ot dat8 of Report: Chalr IAembor Vllune Jamll RLKhel Cast)on Shostl Malld Slema Tal other Trustee8 who $grved In the year Agata 8tleY (left10.1123) Bonker. HSBC Bank PIC Independent Examiner. Mark B8dford MAAT 118elton Road stanground Pet9rb0rgh PE2 8UU The preschool Is a membership organisation governed by the mod81 Pre-school Learnlng Alllanca Constltutlon 2011, whlch was adopted on P May 2014. Klembgrs con be parents or guardlans of all chlldren who attend playgroup or other Interested Indlvlduals approved by tho Commlttee. M8mt*rs appohitlconfirm commlttee members at the AGM. All Commlttee members glve thelr tlme on a voluntary basls and recefve no remuneration or othor beneflts. ObJ•ctsand Adlvltl•# Tho objects are. as set out in the const1lutk) to gnhonce the development and 8ducotlon of Ildran undor statutory school age by BncouragTng p(7r8nts to undarstand and provlde for thB needs of their childron through communty groups orKI by.
For th• yKr •nding 3111 July 2023 (a) offerlng QPFxoprlate play, educatlon and care facilities. family 18ornlng and extended hours groups. together with the right of parents to take rosponsiblltty for and to bgcomg Involved In the octlvltles of such groups, ensuring that such groups offer opportunitle8 for all ehiiof* &Vér thelr rdeè, culture, roigion, m8Oh8 or obllty, (b) 8ncouraglng the study of the naeds of such chlldren and thelr famlllès and promotlng public Interest in ond recognition of such needs in the k)cal areas; (c) instigating and adrIng to ¢)nd lurtherirvJ thg oim8 and objocts of the Pre-school Leamlng Alllanc8. Publlc b•n•fft In 88ttlng tha obJect5ves and plannlng the octMtI88 of the charlty the Commltt88 ha8 con8lder8d th8 Charty Commlsslon's gengral guldance on pubwc benefft Celu1ty. All chlldr8n are 8llgible for Nursery Educatlon Fundlng whlch Is prOded by the Locol Authorlty, the term after thoy bècome 3 yeors old. Foos ar6 charged for chlldren who attend between th8 ages ot 2 and 3 but these are kept as low as posslble so that our chlldcare Is affordable to all famllles usSng our Senilce, partlcularty worklng fomilles who are not entltlgd to 2-yeor-old fundlng. Th8 preschool had a busy year, wlth four students InIng us on placement from local slxth formg anrj CDlleg8s, bgrnfitlng both purth& We qul¢kty flmod up from SeptBmbar 2022, promptlng us to 888k OFSTED approval for on oddltlonal four chlldren per sesslon to enhance flnonckjl Sgcurlty. OFSTED grantod the oxtra Bpoce4 and by Awll 2023. we reoched full copoclty. Operatlng In an ryea of hlgh deprlvatlon and recognlzTng that some chlldron were not havlng (my foDd before comfng to preschool we Introduced extro food for snack tlme. The IntiDductlon of ceraal low In cer8al, was a popular choice, encouraglng more chlldren to Joln Sn. Even those who do not hove mllk to drfnk mosty have It on thalr cereal. We provlded support to 8trA chlldren wlth a range of sp8dal educatlonal needs, succè58fully securfng un EHC plan for vne chHd. We have suppoth mary Df our chlldrBn wlth Speech and language development arKI helped our famillos wlth a range of Issue4 from houslng to school appllcatlon& The preschool Jorned the Nrjtlonal Llteracy Trust with the monoger tralnlng to be a "Llteracy Champ" cmd runniTW ttjrgetpd sessiDns ft>r fomTlies with chlldrBn who need extra SUPFx>rt with speech. Collaboratlng wlth the nelghboring Primary SchooL we achieved a 95% (rttendonce iat8 from Invlted famllle& The chlldren OnYed a vislt from the chlldren's Ilbrcrlon and the chlldran ralVed book pocks to take home.
Boochm pre-h0O1 For th•ywr•ndlng 31#July2023 The commlttee r8vlsed our slckness poli. which now pru4ldes clearer guldelln8s. This ensures we continue to support our staff for both short and long-term absences lIst Safeguardlng Fyeschool flnanc88. In the knowledge that there would be sufflcient chiklron joining the pr88chool from Septemb8r 2023. the Committee took the deciston to increase t8es for famllles wlthout fundlng or th088 requiring extro hours from £10 to £IZ to furth6r support our alm for future security. Re8erves act as a cushlon for any loss of Income and unforeseen situotlons. Thr¢Jughout the year the bolanees remoined over the reserves 18v& currentty set at £85,704. Resèrves have baen calculated uslng the amounts needed to settle any redundaft paym6nts, 12 wo8k8' Flnandal R•vl A8 a small chorSty the statutcry rep are prepared on a Receipts and Payments bas18. R8coIpts and Payment8 occounts track payments In ond ¢xrt of the bank account and thor8 OTO no adJu8tment8 mada ot year-end. Income Increased by £2Z217 compared to the prèvious year, molnly dug to 0 £20278 (18%) Increaso In NEF tundlng. This foll0vd a request to Ofsted to increose th8 number of availoble spaces to 30 children per session to generate moro Income to cover Increaslng overhead& Costs increased by £11.380 (8%). stoff wag88 increased by £IIA06 followSng the 9.6% increa89 to Natlonol Llvlng Wage In Aprfl. Other costs were tlghty monltored durlng the ygar, vAth o great deol ot success, orKI by the end of the year the preschool rgported o 8mall Suru8 of £3.576, vAth a closlng balonce of £108.341. Thls Report has b80n approved by Iho Trusteas and hos be8n slgned on thelr b8half by: Slgnatur Full Namtr. Datv. loo
BEECH Restered Charfty No: 1124606 RECEIPTS AND PAYMENfs FOR THE FINAIKIAL PERIOD ENDING 31sr JULY 2023 Uf4RESTrICTED FUNDS TOTAL FUNDS Year Ended 31107n3 Year Ended 31107122 ECEIPTS NEF Funding Other Fundlng Fees 146,555 3,825 3,267 126,277 8,090 5,995 Grants 771 8ank Interest 560 16 Other Income Fund Rai51ng and l>onatlons 159 TOTAL RecEIPTS 141,149 PAYME Wages Inc Inland Revenue payments Tralnlng Totsl Other Staff Costs (128A62) 11971 1121 (117,5561 1921 Resources for Chlldren Resources for Setting Aesource5 for Outslde 11,2041 (494) 1121 (2.3851 (5021 171) Food and Drlnk Consumable5 Premlses Fees and Subscrlptlons Admlnlstiation Bank Char8es Other Costs {3S41 1908) (IIA251 (6,0101 (1.245) (67) <181) 1919) (10,7561 {5,458) 11,4471 141) (i) Fundraising TOTAL PAYMEKrs (150.790 139.409 Net of Recelpts/(Payments) 3576 2,740 Balance b/fwd 104,765 102,025 Balance clfwd
Reglstered Charity No: 1124606 srATEMEKf OF ASSETS AIID iIAWUTIES AS AT 31STJULY 2023 TOTAL FUNDS ASAT HJNDS AS AT 3110712023 31J07n022 HSBC {Currentl HSBC ISavtn8s) Petty Cash Fees Float 42.312 39.296 65,469 Total Cash Funds 108. 104.765 Vigln Medla Note 2 Independent Examination l approve the Receipts and Payments Accounts set out on pa8e l and above and conflrm that all feknnt record5 and Snfornmtion has been made available fortheir preparatlon. Signed on behalf of the Trustees: '8nal(Ire Name OTE5 l. No trustees received renumeration or reimbursements in the period above. 2. Credlt of £29. showing on a &incelled Vlrgln Media contract.
Thb independent examlners report relates to the accounts of THE BEECHES PRESCHOOL Charity Commisslon Registered No., 1124606 Accounts are prepared for the year ended 31¢Juty 2023 Ibllllles of tnth nd examlner The charlty'strurtees are responsibleforthe preparation of the accounts. The charlty's trustees con51derthat an audlt Is not requlred for thls year under section 144(21 of the Charltles Act 2011 (the 2011 Act) and that an Independent examlnatlon Is needed. It Is my responslbillty to: examlne the accounts under sertlon 145 of the 2011 Act; to follow the procedures lald down In the generdl Directlons by the Chartty Commlsslon under sectlon 14515llbl of the 2011 Art; to state whether partlcular matters haN* come to my attenuo ent An examlnatlon Includes a revtew of the actountln8 records kept by the tharfty and a comparlson of the accounts presented wlth those records. It also IrKludes conslderatlon of any unusual ttems or dlsc105ures In the accounts, and seekln8 explanatlons from you as trustees concernlng any such matters. The procedures undertaken do not provlde all the evldence that would be requlred in an audlt and consequently rn oplnlon Is glven as to whether the accounts present a 'true and falr vlew, and the report Is Ilmlted to those matters set out In the statsment below. nerfs In connertlon wlth rny examlnatlon, matter has come to my attentlon: (11 whlch glves me reasonable cause to belleve that In any materlal respect the requlrements: to keep accountln8 records In accordan wlth sectlon 130 of the 2011 kt; to prepare accounts which accord wlth the accountlng records artd comply wlth the a¢countlng requirements of the 2011 Art have not been met; 121 to whlch, In my oplnlon, attentlon should be drawn In order to enable a proper understandin8 of the accounts to be reached. Slgned Id Joa Mark Bedford MJB Flnancial Services 11 Belton Road Stanground Peterborough PE2 8UU