SMALL STEPS PRE-SCHOOL BOREHAM Charity number 1146534 Company registratson number 07601172 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st JULY 2023 COMMUNITY AD24AFCIt 3010412024 CONANIES PIOUSE A18
SMALL STEPS PRE-SCHOOL BOREHAM CONTENTS FOR THE YEAR ENDED 31 JULY 2023 Page Legal and Administrative Information Trustee Annual Report Independent Examination report Income and Expenditure account Balance Sheet Notes fomiing part of the financial statements
SMALL STEPS PRE-SCHOOL BOREHAM LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 JULY 2023 Reglstered Address 76 Orchard Way B0haffl Chelmsford Essex CM3 3GR Charity Number 1146534 Company Number 07601172 Trustees Laura Voss (appointed 24 October 2022) Kate Reilly (resigned 24 October 2022) Donna Frtzgerald (appointed 16th March 20231 Zoe Hamblin (resigned 24 October 2022) Samantha Spong Sarah Tout Hayley Ward (appointed 24 October 2022) Bankers Santander UK plc Business Banking 301 St Vincent Street Glasgow, G2 5NT Independ•nt Examin•r Communty360 Winsley's House Cold)ester Essex C01 1UG
SMALL STEPS PRE4CHOOL BOREHAM TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2023 AFFILIATIONS Earl Years Alliance (membership number 106396)Small Steps Preschool is a member of the Eady Years Alliance. Otsted (membership number EY399734)Small Steps Preschool is a member of the childcare register and is subject lo inspections every three years. The preschool complies with Ofsted regulations that stipulate the staff.'child rats'os and the number of children that can be cared for at the premises. All slaff and trustees have a DBS check. PUBLIC BENEFIT Small Steps Preschool provides a valuable childcare service for families in Boreham and the surrounding community. The setting operates during academic temi-time and from 9am-12pm Monday and 9am-3pm Tuesday-Friday, providing families with educational, social and emotional development of children aged 24. Sessions are priced with consideration to the community and local area to make the setting acSSible and affordable to families whether or not they are in receipt of funding from Essex County Council. The preschool periodically holds fundraising events. of which the funds can be used to help pay for resources and equipment for Ihe setting. STRUCTURE GOVERNANCE AND MANAGEMENT The Board of Trustees are the board of directors of Small Steps Preschool. The trustees are predominantly parents of children attending the preschool, and elected friends of the preschool and communty members. Members are selected and co- opted onto the Board by other members of the Board of Trustees, and new members are elected in the autumn ha term at the Annual General Meeting. The board meets approximately four times per year. The Chairperson of the Board of Trustees oversees the day to day implementation of Board activities, and ensures the preschool manager is implementing the policies and procedures. New Trustees are inducted into the role by outgoing Trustees, and handed roles and responsibilities as outlined by the Early Years Alliance.
SMALL STEPS PRE-SCHOOL BOREHAM TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2023 AIPJIS AND OBJECTIVES The objective of Small Steps Preschool is to provide sessional childcare and education to preschool aged children. We aim to enable children to develop emotionally. educationally and physically in a friendly. supportive and caring environment. We continue to support families by providing local, affordable childcare. We encourage carers to be involved in the preschool through becoming trustees, and in meeting wtth parents to discuss their childrens, development and education at regular intervals. ACHIEVEMENTS AND PERFORMANCE Small Steps provides Spa for up to 26 children to attend each three hour session throughout the academic year. Children can attend for Ihe full 6 hour day, enabling flexibility for working parents and carers, and allows for good preparation for the older children in their transition to school lrfe. There is an early drop off SeNTr for those who require it. The preschool enjoys the benefrt of being able to use the on-site outdoor playground, goes on walks around the adjacent recreation ground with staff, and continues to use the local Scout Association garden in which the children can partake in forest school activities and other outdoor activities and experiences including mud krtchen, imaginative role play and gardening. We enjoy celebrating those children leaving preschool to attend ReptIOn class in a graduation attended by their families, and presented wtth a small gift. The preschool also takes the opportunity to celebrate events such as Christmas and the end of the school year with a party organised for the children. Staff are kept up to date with their relevant training for the setting. including safeguarding and first aid. FUTURE PLANS The Trustees will continue to promote the preschool in the immediate and surrounding area to encourage new children from the age of two, to ensure the longevity of the preschool, and providing continuity to children until they are ready to leave for school. The setting has secured t4VO Staff members. one of ¥¥thich will be trained in post. The current staffing level is 7. A staff unifomi supplier has been secured. The preschool is looking into the possibilty of becorning a Charitiable Incorporated Organisation (CIO). This would ensure the future security and longevity of the preschool in that it will not have to rely on recruiting committee members for the Board of Trustees. It has been noted that this process could take 34 weeks to implement.
SMALL STEPS PRE-SCHOOL BOREHAM TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2023 FINANCIAL REVIEW The last inspected accounts for the year ending 31 st July 2022 show our net assets to be£27,208. This financial year we have made a profit of £16.488. The preschool remains financially healthy at this time. RESERVES POLICY The preschool maintains a reserve to allow the setting to continue to operate for three months should funds be withheld. allowing time to seek alternative revenue sources and maintain stability. ONGOING CONCERNS Each year the preschool loses a high proportion of children as they move on to school in September. 27 children have left at the end of academic year 2021122. Numbers for 2022123 are currently strong with most sessions almost full. Laura Voss V55 Chairperson Date 26th April 2024
SMALL STEPS PRE-SCHOOL BOREHAM INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 JULY 2023 I report on the accounts of Small Steps Pre-SchoolBoreham for the year ended 31 July 2023 which are set out on pages 6 to 9. Respective responsibilities of trustees and examiner 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 Acl) but that an independent examination is needed. It is my responsibilty to= Examine the accounts under section 145 of the Charities Acl, To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act, and To state whether particular matters have come to my attention. Basis of independent examinerfs Statement My examination was carried out in accordance wrth the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes considerations of any unusual rtems or disclosures in the accounts, arid seeking explanations from you as trustees concerning any such matters. The procedures undertaken do nol provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts. Independent examiner's statement In the course of my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect". the accounting records were not kept in accordance wilh section 130 of the Charrties Act," or the accounts did not accord with the accounts'ng records; or the accounts did not comply with the applicable requirements concerning the form and contenl of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fairf view which is not a matter considered as part of an independenl examination. I 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 the accounts to be reached. Shelley-marie Rudling FMAAT AATQB for and on behalf ot. Community360. ______ _ Winsley's House, High Street, Colchester, Essex Date -2610412023-
SMALL STEPS PRE SCHOOL BOREHAM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023 2023 2022 .Incoming Resources Charrtable income Other income Totsl Income 113,518 186 113.704 99,730 1,122 100,852 Resources Expended: Charitable activities Total Expenditure 106.095 106,095 84,364 84.364 Net Incomel(Expense) 7.609 16,488 Total fund$ brought forward at 31 July 2022 27.208 10,720 Total funds ¢arri•d forward at 31 July 2023 34,817 27,208 The notes on page 8 and"*fom part of-these-financial statements. .
SMALL STEPS PRE SCHOOL BOREHAM BALANCE SHEET AS AT 31 JULY 2023 Note 2023 2022 Current Assets Cash at bank and in hand Other debtors Total Current Assets 35,488 71 35,559 28,309 55 28.364 Current Liabilities Creditors.. Due within one year Total Current Liabilities 742 742 1,156 1,156 Net Current Assets 34,817 27,208 Net Assets 34,817 27,208 Total Unrestricted Funds 34,817 27,208 For the year ended 31 July 2023 the company was entitled to exempkn'on from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audti in accordance with section 476 of the Companies Act 21XJ6. The directorfs athnowledge their responsibilty for complyiNJ with the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies regime. The directors declare that they have approved the accounts above. 2610412024 Laura Voss
SMALL STEPS PRE SCHOOL BOREHAM NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2023 1. Accounting Policies Charity ststus The charity is limited by guarantee. incorporated in England and Wales. and consequently does not have share capital. Each of the Trustees is liable to contribute an amount not exceeding £1 towards the asset of the charity in the event of liquidation. Basis of the preparation of the accounts The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Assooation. and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charittes.preparing their accounts in accordance with the Financial Reporting Standard apICable in the UK and Republic of Ireland (FRS 102) (effective1 January 2019). The trustees have taken advantage of the exemption in Financial Reporting Standard I (revised) from including a cash flow statement in the financial statements on the grounds that the charity is small. Incorning resources All material incoming resources have been included ori a receivable basis i.e. they are included if the date receivable falls wrthin the period covered by these accounts. Resources expended These have been analysed using a natural classffication. Going Concern These accounts have been prepared on a going concem basis. 2. Charitable Income 2023 2022 Essex County Council - fees Session fees Other Gharitable income 109.557 3,907 89,317 10,313 100 113,518 99,730
SMALL STEPS PRE SCHOOL BOREHAM NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2023 3. Cost of Charitablo Activities 2023 2022 Staff costs Website Rent Professional fees Insurance Subscripiions Telephone. stationery & postage Equipment Activity costs & snacks Refreshments Activities & trips Miscellaneous 87,232 69,895 420 9,424 664 832 153 529 498 860 390 175 524 84,364 12,825 1,548 856 400 510 170 1,389 417 285 463 106.095 4. Staff Average number of staff employed during the year was 7. No staff member, including key staff. were paid more than £60.000 per annum. 5. Debtors 2023 2022 Prepayments 71 71 55 55 6. Creditors 2023 2022 Accruals 742 1,156 742 1,156