2020-12-31-accounts - St Peters Pre-School Woolwich

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ST PETERS PRE-SCHOOL

62 CRESCENT ROAD WOOLWICH LONDON SE18 7BN

CHARITY NUMBER 1142020

FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2020

THE ROCK - FMC LTD EQUITABLE HOUSE 10 WOOLWIC NEW ROAD LONDON SE18 6AB

ST PETERS PRE-SCHOOL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2020

TRUSTEES: Kwasi Asare Obuor-Asimpih Yahya Ceesay Harriet Donkor SECRETARY: Yahya Ceesay CHARITY NUMBER: 1142020 BANKERS: HSBC BANK PLC 15 WELLINGTON STREET WOOLWICH, LONDON SE18 6PH INDEPENDENT EXAMINERS THE ROCK - FMC LTD 201A EQUITABLE HOUSE 10 WOOLWIC NEW ROAD LONDON SE18 6AB

ST PETERS PRE-SCHOOL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2020

CONTENT:

Trustees' Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts

ST PETERS PRE-SCHOOL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2020

TRUSTEES REPORT

The Trustees have pleasure in submitting their annual report, and financial statements for the year ended 31th December 2020. The report of the trustees has been prepared in accordance with the accounting policies set out on page 5,and comply with the Statement of Recommended Practice and Reporting by Charities and applicable law.

Structure, Governance and Management

The charity is organised so that the Trustees are responsible for its overall governance within the terms of the charity’s Trust Deed, working in conjunction with the setting manager and staff, with the day to day management delegated to the setting manager, following policies and procedures agreed by the Trustees.

The Trustees and staff regularly review major risks to ensure proper procedures are in place to mitigate them. Safeguarding procedures are in place to ensure the safety of the children. DBS checks are carried out on staff, Trustees and volunteers and repeated every 3 years in line with policy.

Finance procedures and controls are in place to reduce the risk of misappropriation of the group’s assets. The pre-school is an active member of the Pre-school Learning Alliance, and through this receives support and training for trustees in their roles and responsibilities as well as continuing support for ensuring the service provision complies with Early Years Foundation Stage requirements (EYFS).

Constitution, objective of the charity, principal activities and organisation of our work

The charity is constituted under an unincorporated association dated 27th September 1993 and is a registered charity number 1142020. Trustees are appointed or re-elected at the annual general meeting.

The objectives of the charity as set out in the constitution are:

The aims of the Pre-school are to enhance the development and education 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 and extended hours groups, 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 or ability;

(b) Encouraging the study of 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 and objects of the Pre-school Learning

ST PETERS PRE-SCHOOL FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31ST DECEMBER 2020

Development, activities and achievements in the year

Trustees planned the activities and service development mindful of the public benefit requirement and in line with the pre-school’s objectives. The Pre-School is based in an area of high deprivation, with above average levels of domestic violence, alcohol and drug misuse. It has a significant crime rate with gang involvement.

We developed our provision with the local authority to offer placements to 2 year olds, under the free entitlement programme, building on relationships with local children’s centres to identify and support early help for families. We engaged with other agencies including the SEN teams to provide relevant support to children and their families to meet their individual needs. This enabled the children to have a positive outcome from attending the group.

Parents were supported to attend Team Around the Child meetings, engaging with support services. We worked with Social Care to support families with Child Protection Plans, attending Child Protection conferences, working with families and other agencies to safeguard children.

We encouraged parental involvement in the children’s learning and experience in the group regularly meeting with parents to review their child’s progress, giving encouragement and positive reinforcements to support parenting. We provide ideas for affordable play activities parents can provide at home, and role model positive behaviour management.

We continued our lending library to encourage sharing books at home and established the 'WOW' board, where parents can communicate their child's achievements and interests at home and in the group. Parents and carers are encouraged to be involved in the setting at whatever level they feel comfortable. This can range from being on the committee, to producing a newsletter, or reading with the children.

Achievements and Performance

We continue to improve on our relationship with the local children’s centre.

The Pre-School's afternoon session continue to expand and meeting the increasing needs of parents who work and want flexible hours. morning and afternoon sessions. This year we successfully held a graduation ceremony for 22 children moving to reception classess at the end of the academic year. We also had our Ofsted inspection in December and got a “Good” grade.

We continued to uphold the British values policy into our curriculum to help the children become better citizens. We continue to celebrate various festivals including Black history month, Diwali, Eid, Easter, Christmas, Chinses new year, father's day, mother's day, St Georgie's day, pancake day etc.

The pre-school also organised our summer seaside trip for the children and their family members as part of our outside educational day. We also had a trip to the Ahoy museum.

ST PETERS PRE-SCHOOL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2020

We supported and signed posted lots of parents with their children to attend speech and language therapist assessment and help was given. Also we sign posted two parents for autistic assessment and they were successfully diagnosed, and support was provided. We were instrumental to and was able to offer support and advise to a past parent who was having problems with her child’s primary school to change her son’s school when she came to us.

Review of the financial position

The Pre-school aims to maintain 6 months running costs in reserves to allow for fluctuations in the numbers of children attending the pre-school. The pre-schools main source of income is from the free entitlement funding for 2, 3 and 4 year olds.

The net incoming resources for the year amounted to a surplus of £31,451 all of which was attributed to general reserves.

Board of Trustees

The members of the board of trustees during the year were

Kwasi Asare Obuor-Asimpih Yahya Ceesay Harriet Donkor

Approval

This report was approved by the trustees and signed on its behalf by

K A Obuor-Asimpih Dated Chair of the charity

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST PETERS PRE-SCHOOL

We have examined the Financial Statements of the charity for the year ended 31st December 2020 which have been prepared under the accounting policies set out below.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINERS

The charity's Trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

i) examine the accounts under section 145 of the 2011 Act; ii) to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and iii) to state whether particular matters have come to my attention.

BASIS OF INDEPENDENT EXAMINER'S REPORT

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes review of the accounting records kept by the project and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the view given by the accounts present a true and fair view and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER'S STATEMENTS

In connection with the examination, no matter has come to my attention:

1) which gives me reasonable cause to believe that in any material respect the requirements
(i) to keep accounting records in accordance with section 130 of the Charities Act; and
(ii) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the account to be reached.

THE ROCK - FMC LTD Dated EQUITABLE HOUSE 10 WOOLWIC NEW ROAD LONDON SE18 6AB

ST PETERS PRE-SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31ST DECEMBER 2020

Notes Incoming Resources Grants Receivable 2 Other Income 2 Total Incoming Resources Resources Expended Charitable Activities 4 Total resources expended Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward	2020 Unrestricted £ 99,169 14,024 113,193 81,742 81,742 31,451 15,009 46,459	2019 Unrestricted	2019 Unrestricted	2019
			£ 84,687 13,554
			98,241
			97,653
			97,653
			588 14,422
			15,009

There were no recognised gains or losses for the period other than those included in the Statement of Financial Activities

The notes on pages 7 to 9 form part of these accounts.

ST PETERS PRE-SCHOOL BALANCE SHEET AS AT 31ST DECEMBER 2020

Notes 2020 FIXED ASSETS £ Tangible Fixed Assets 3 7,169 CURRENT ASSETS Cash in hand & Bank 40,040 40,040 LESS CREDITORS: Amounts falling due within one year 6 750 NET CURRENT ASSETS 39,290 TOTAL ASSETS LESS CURRENTS LIABILITIES 46,459 NET ASSETS 46,459 CHARITY'S ACCUMULATED FUNDS Unrestricted Funds 8 46,459 46,459 Approved by the Board of Trustees and signed on its behalf by Trustee Dated	Notes 2020 FIXED ASSETS £ Tangible Fixed Assets 3 7,169 CURRENT ASSETS Cash in hand & Bank 40,040 40,040 LESS CREDITORS: Amounts falling due within one year 6 750 NET CURRENT ASSETS 39,290 TOTAL ASSETS LESS CURRENTS LIABILITIES 46,459 NET ASSETS 46,459 CHARITY'S ACCUMULATED FUNDS Unrestricted Funds 8 46,459 46,459 Approved by the Board of Trustees and signed on its behalf by Trustee Dated	2019
		£ 9,560 6,199
		6,199 750
		5,449
		15,009
		15,009
		15,009
		15,009

	Dated

ST PETERS PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2020

1. Accounting Policies

1.1 Basis of preparation of accounts

The accounts have been prepared on the basis of historic cost accounting and include the results of the charity's operations which are described in the Trustees' Report and all of which are continuing.

The accounts have been prepared in accordance with the Statement of Recommended Practice for Charity Accounts.

The Charity has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cashflow statement on the grounds that it qualifies as a small charity.

1.2 Tangible Fixed Assets for use by the Charity and Depreciation.

Tangible fixed assets for use by the Charity are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment
Fixtures and Furniture

25% per annum. 25% per annum.

1.3 Grants receivable

Grants receivable are recorded on the cash basis

2. Grants receivable

2. Grants receivable
Deprivation Grant Free Entitlement Funding 3 year olds Free Entitlement Funding 2 year olds Other Income Total Income	Unrestricted Total Total Funds 2020 2019 £ £ £ 1092 1092 2647 89580 89580 69069 8496 8496 12971 14024 14024 13554	Total
			2019
	113193 113193 98241

ST PETERS PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2020

3. Tangible Fixed Assets

Computer Equipment £ 7,850 -	Fixtures Total Furniture 2020 £ £ 28,434 36,284 - - 28,434 36,284	Fixtures Total Furniture 2020 £ £ 28,434 36,284 - - 28,434 36,284	Total
			2020
	£ 28,434 -
7,850	28,434
5,987 466	20,738 1,924	26,725 2,390
6,453	22,662	29,115
1,397	5,772	7,169
1,863	7,697	9,560
Unrestricted Funds £ 7,600 2600 1215 1,664 570 61,760 340 522 50 2055 225 750 2390 81,742		Total 2020 £ 7,600 2,600 1,215 1,664 570 61,760 340 522 50 2,055 225 750 2,390
		81,742

ST PETERS PRE-SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST DECEMBER 2020

5. Trustee Remuneration

No trustee has received remuneration in the year.

No trustee has had expenses reimbursed in the year.

There were no staff costs and emoluments and thus no employee whose emoluments exceeded £60,000.

6. Creditors: Amount falling due within one year 2020 £ Accruals 750 750 7. Net Movement in Funds for the Period The net movement in funds for the period is stated after charging: 2020 £ Depreciation of tangible fixed assets - for use by the charity 2,390 Accountancy Fee 750		2020
		£ 750
		750
		2020

8. Analysis of Net Assets between funds

Unrestricted Funds:	Computer Equipment	Computer	Computer	Net Cur Fixtures & Assets less Furniture Liabilities £ £ 5,772 39,290	Total 2020 £ 46,459	Total	Total
							2020
			£ 1,397