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2022-08-31-accounts

Fleckney Baptist Pre-School (a company limited by guarantee)

TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31st AUGUST 2022

Charity Number: 1154011 Company Number: 8684510

Fleckney Baptist Pre-School Fleckney Baptist Church High Street Fleckney Leicester LE8 8AJ

Fleckney Baptist Pre-School Financial Statements for the Year Ending 31st August 2022

CONTENTS

Page
Legal and Administrative Information 1
Trustees Report 2 - 5
Independent Examiners Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9 - 11

- Fleckney Baptist Pre School Accounts for the year ended 31st August 2022

TRUSTEES' REPORT

LEGAL AND ADMINISTRATIVE INFORMATION

Registered Address Fleckney Baptist Church
High Street
Fleckney
Leicester
LE8 8AJ
Charity Registration Number 1154011
Company Registration Number 8684510
Trustees & Management Committee Rev Joseph Smith
Terence John Harris
Ruth Maggs
Susan Shipley
Louise Deacon
Edith Townsend
Chair of Trustees Rev Joseph Smith
Bankers CAF Bank
25 Kings Hill Avenue, Kings Hill, West Malling,
Kent ME19 4JQ
Market Harborough Building Society
Welland House, The Square, Market Harborough
LE16 7PD
Independent Examiner Finch Tax and Accountancy Services Limited
1 Finch Way
Narborough
Leicester
LE19 2TP
Solicitors Wellers Law Group LLP
Dixon House, 72-75 Fenchurch Street,
London EC3M 4BR

1

- Fleckney Baptist Pre School Accounts for the year ended 31st August 2022

TRUSTEES' REPORT

Annual Report for Year Ending August 2022

The Trustees present their Annual Report and financial statements for year ended August 2022

Charitable Object

The Charity is governed by an Approved Governing Document, which states that the principal purpose of the charity is to advance the education (including spiritual development) of children below compulsory school age, particularly, but not limited to, children residing in Fleckney Leicestershire.

Organisational Structure and Decision Making Progress

The organisation is a charitable company limited by guarantee, incorporated on 10th September 2013 and registered as a charity on 30th September 2013. The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.00.

At incorporation the assets of the former charitable entity under trust were transferred to this charity in full.

Staff Team at July 2022
Manager Rebecca Horseman
Financial administrator Rachel Wright
Staff Danielle Matchett
Debbie Green
Jenni Andrew
Jill Richardson
Jules Mark
Katie Smith
Kim Allen
Louise Tomas
Volunteers None
Students None
Work experience student None

The pre-school consists of a strong and dedicated workforce who are well qualified, skilled and experienced in what they do. We currently employ ten staff -one are qualified to level six, one level 5 SEND, five at level three, one at level two and one currently training at level 3, plus a financial administrator. We ensure we work on a high staff ratio to give the children the support they need in their learning and development. We work in partnership with local schools and colleges but have had one student this year.

We have developed strong links with other professionals and outside agencies, e.g. health visitors, outreach workers, Area Special Needs Coordinator, speech and language therapists and Foundation Stage Teachers from the local primary school. This year we received inclusion funding to give a child one to one support, this enabled us to help them with social and emotional development as well as language development and the ability to contribute to group activities. We have supported two other children who were under a speech and language therapist.

2

- Fleckney Baptist Pre School Accounts for the year ended 31st August 2022

TRUSTEES' REPORT

As a result of the pandemic we have retained some of the procesess we have put in place such as drop off and going home times as we found that the children settled more quickly and of course reduced the number of adults entering the building.

We have regular staff meetings to discuss development plans, identifying any staffing needs, report concerns and identify children who may have Special Educational Needs or need that extra bit of support. We also have regular curriculum planning meetings where we plan activities and experiences for children's learning based on the Early Years Foundation stage taking into account individual children's interests and preferred learning styles. We ensure that all children are catered for by recognising them as unique individuals. We build strong partnerships with parents and others involved in the children's care and learning and we look carefully at our environment to ensure it is inclusive and enabling.

Each child is allocated a key person to enable the children to form strong attachments to the adults in the setting. Each child is then able to be regularly observed and monitored. We work closely with parents and complete a 2 year check and a transition report for the children, where the parent's are encouraged to add their thoughts. We have held any face to face parent's meetings twice yearly to share their child's achievements and progress. We do of course encourage parents to talk to us at anytime if they have concerns.

The manager will look at areas needing development and will identified and prioritised at the next curriculum planning meeting. Transition summaries for each child are also shared with teachers from any school the children may be going to in preparation for them starting school.

We aim to ensure our children become strong independent learners, to know how to be safe and healthy, and to enjoy achieving self-set goals and objectives and feel good about themselves. We foster an environment of love and kindness giving thought to how others feel and think and all adults are aware that they are role models to the children. We encourage them to make a positive contribution to the world in which we live. We have been ablem to do our usual Christmas activities again, with the singing to the people from the church at a coffee morning, we did take part in the village Christmas tree festival. We had a Christmas service which the parent's were invited to watch.

We have a wide range of resources and activities all of which foster children's curiosity and growing understanding of the world around them. We are very keen for children to engage in heuristic play and we resource the setting with lots of natural resources, e.g. logs, wooden building blocks, string and scissors, in order to encourage children to think for themselves and engage in sustained shared thinking with an adult. Outdoor play is one of our passions and we take the children out whatever the weather; they are able to run, jump, climb and express themselves without hindrance. We resource the outdoors with lots of natural resources as well as including step ladders, tyres, crates, sand and water. We encourage children to take safe risks by helping them to make obstacle courses of the resources. We also have a mud kitchen outdoors with trees around and stepping stones. The trees in this area are now strong enough for the children to climb on which they really enjoy. We have a gardening area where we have sown some wild flower seeds and watched them grow. We also have treasure baskets, a sensory room which supports all children but inparticular children with SEND.

3

- Fleckney Baptist Pre School Accounts for the year ended 31st August 2022

TRUSTEES' REPORT

We genuinely foster open and honest relationships with parents, encouraging and supporting them in their role as parents and providing a place of safety for them to express any concerns or anxieties they may have. We are able to assist where there is financial hardship by sometimes writing off invoices and often offering substantial discounts. We also discount fees when there is more than one child from a family attending.This year has also seen the introduction of food vouchers for children who are entitled to 2 year old funding and those receiving EYPP. This is a government funded scheme allowing all eligible children £20 per week for every week of school holidays. We have a very efficient SENDCO who supports families if their child requires extra support and helps them through any processes they may need to follow to support their child.

Achievements and Performance

We achieve a consistently good Ofsted grade and have been praised for strong leadership and management as well as offering a broad and balanced curriculum. We have bought in services to strengthen areas such as Expressive arts and Design such as music and dance sessions. Training for essentials such as Paediatric First Aid and safeguarding have continued and online courses have been attended.

We celebrate Christmas every year with a party and provide a small gift for each child, usually a book which we hope encourages parents to read with their child at home and the children sang Christmas songs in a service to their relatives. We were able to have our leavers party and service which parent's/carers were invited to.

During the summer term we were visited by teachers from the local primary school and we were able to visit the school. This helped the children as they prepared for their transition to school. Some children received extra visits to the school to support their transitions.

We also made good use of local amenities, taking the children regularly to the local library and visiting the local environment looking at our surroundings, visiting the local park and duck pond and taking note of the doctors' surgery, dentist, local shops and generally educating children in their knowledge and understanding of the world.

A website is available at www.fleckneybaptistpreschool.org. This provides an overview of the setting and parents can view photos of activities and experiences that children are likely to enjoy during their time with us. The pre-school's prospectus, registration forms and policies and procedures can also be accessed via the website as well as general information. We also have a Facebook page which is only open to parents/carers, staff and trustees. This is used as a notice board to relay information to parents and their families. We also post photos on our facebook page of children engaged in activities so that parents can see the sorts of things their child may be taking part in. We have had good feedback from parents regarding this.

We have a very strong and cohesive staff team, led by manager Becky Horseman. All staff are given regular supervision and encouraged in their professional development. This year staff have received new or updated in service training in the following areas:Safeguarding Paediatric first aid

The manager is in receipt of updates from the Local Authority’s (LA) Early Years Team which she regularly forwards on to pre-school trustees. These provide information on training courses, local and national initiatives, updates on government guidelines and ofsted. We are also supported by a LA Improvement Advisor who regularly contacts us to provide information and advice where needed.

We have achieved financial sustainability by maintaining a good reputation locally which consistently sees parents enrolling their children with us. Most of our children are eligible to receive FEEE (Free Early Education Entitlement) which enables parents to register their children at good quality settings for fifteen hours a week. Often our children attend for more than their allocated fifteen hours and they are then invoiced for the extra hours or many are now eligible to claim up to 30 hours under the new government initiative. The introduction of the thirty hours free entitlement does not appear to have had a negative impact on the setting in terms of finances or the number of children on roll as of yet. The Early Years Pupil Premium (EYPP) provides us with extra funding to narrow the attainment gap between young children from low income families and their peers. We had five children on EYPP for the year 2021/2022.

4

- Fleckney Baptist Pre School Accounts for the year ended 31st August 2022

TRUSTEES' REPORT

This year we have had up to 43 children on roll, 24 of which have moved onto mainstream school, September 2022. Several more children have booked in to start with us in September.

Plans for the future

Plans for the future include developing our outdoor learning environment by making the wild area into a more useable space that can be accessed throughout the year. With the reserves that we have built up we will now be in a financial position to employ a landscape gardener to plan and carry out work to provide a wonderful area for the children to explore and learn in. This is a natural resource that will have long term use once established. This work has been delayed yet again as a housing development brings uncertainty as to what land is available but we hope to be able to proceed with these plans in the near future.

New Appointments

We have three new members of staff who joined us when staff members left and one member of staff is 1:1 for a child receiving inclusion funding.

Financial Activities and Affairs

The statement of financial activities shown on page 7 confirms the total income for the period of £110,830 with expenditure of £110,465. This shows a net profit of £365.

The net assets of the pre-school totalled £92,105 at the period end.

The trustees are confident that sufficient funds are available and costs are well managed. The school raises funds from parental contributions and Government funding. The funding is in place and managed on a term by term basis supported by an agreement with Government early year funding.

Reserves

We are reliant on government funding and we monitor our finances on a term by term basis. The pre-school trustees have read the Charity Commission guidance on public benefit and are satisfied that the activities outlined above clearly demonstrate that the charity is providing a benefit to the public.

It is the policy of the pre-school that funds which have not been designated for a specific use should be maintained at a level equivalent to three months' expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the pre-school's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Trustees' Responsibilities

The trustees (who are also directors of Fleckney Baptist Pre-School Limited for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:-

……select suitable accounting policies and then apply them consistently;

……observe the methods and principles in the Charities SORP;

……make judgements and estimates that are reasonable and prudent;

……state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

……prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE BOARD OF TRUSTEES

REV JOSEPH SMITH

Date 30/5/23

5

Fleckney Baptist Church Pre-School Financial Statements

for the year ended 31st August, 2022

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF FLECKNEY BAPTIST PRE-SCHOOL

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2022.

Responsibilties and basis of report

As the charity's trustees of the Company (who are also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act").

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

I have no concerns and 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.

Name: Rhoda Cooper FCCA Address: For Finch Tax and Accountancy Services Limited, 1 Finch Way, Narborough, LE19 2TP

Signed Dated 29/05/2023

6

Fleckney Baptist Church Pre-School Financial Statements for the year ended 31st August 2022 STATEMENT OF FINANCIAL ACTIVITIES (including income and expenditure account)

FOR THE PERIOD ENDED 31 AUGUST 2022
Unrestricted funds
Restricted
Total
funds
Funds
General
Designated
2022
£
£
£
£
Note
Incoming Resources
Parents Fees
2
21,295
21,295
Agency Funding
2
89,397
89,397
Investment Income
2
132
132
Other Income
2
6
6
Total incoming resources
21,433
0
89,397
110,830
Resources expended
Charitable expenditure
3
4,729
91,940
96,669
Premises and Support Costs
4
2,569
10,352
12,921
Resources expended on managing and
administering the charity
5
350
350
Trustees
6
Depreciation & Revaluation
7
525
525
Total resources expended
10
8,173
0
102,292
110,465
NET MOVEMENT IN FUNDS
13,260
-12,895
365
Funds brought forward at 31 August 2021
10
94,412
-2,672
91,740
Funds carried forward at 31 August 2022
107,672
-15,567
92,105
Costs of activities (including income and
expenditure account) in furtherance of the
charity's objectives		 Total
Funds
2021
£
11,574
82,008
238
56
93,876
82,873
17,056
350
630
100,909
-7,033
98,733
91,740

7

Fleckney Baptist Church Pre-School Financial Statements for the year ended 31st August 2022 BALANCE SHEET AS AT 31 AUGUST 2022

Note
FIXED ASSETS
Tangible assets
7
CURRENT ASSETS
Petty cash
Cash at bank
Debtors
8
CURRENT LIABILITIES
Creditors and accruals
9
NET CURRENT ASSETS
NET ASSETS
FUNDS
Unrestricted
10
Unrestricted Designated
10
Restricted
10
TOTAL CHARITY FUNDS		 2022
£
15
100,808
3,071
103,894
15,265
15,265		 £
3,476
88,629
92,105
107,672
-15,567
92,105		 2021
£
3
104,390
1,318
105,711
17,972
17,972		 £
4,001
87,739
91,740
94,412
-2,672
91,740

For the year ending 31[st] August, 2022, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies' regime and in accordance with FRS102 SORP.

The financial statements were approved by the Trustees on and signed on their behalf by:

Joe Smith Signed Trustee Date 30/5/23

8

Fleckney Baptist Church Pre-School Financial Statements for the year ended 31st August 2022 NOTES TO THE ACCOUNTS

1.1 Basis of preparation

The accounts have been prepared under the historical cost convention in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.

Resources expended are charged in the accounts in the period in which they are incurred and include VAT which cannot be recovered.

1.2 Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life at 10% of the residual net book value per annum, with 25% being applied to IT type equipment. Trustees have agreed that the policy moving forward is to pay for capital assets in the year of purchase if the value is less than £100 for a single item. The rate of depreciation for items of £100 or above will be at the rate previously set. Any items on the register at the end of the last financial year listed below an individual value the £100 threshold have been depreciated to £0 this financial year.

2 Incoming Resources
Parents Fees
Agency Funding
Investment Income
Other
3 Costs of activities in furtherance of the
Charity's objectives
3.1 Staff Costs
3.2 Equipment and resources
3.1 Staff Costs
Wages
Tax and NI
Pension
Courses
Other
There were 10 employees during the year
No employee earned more than £60,000		 Unrestricted Designated
Restricted
Total
funds
funds
funds
2022
£
£
£
£
21,295
21,295
89,397
89,397
132
132
6
6		 Total
2021
£
11,574
82,008
238
56
21,433
89,397
110,830		 93,876
Unrestricted Designated
Restricted
Total
funds
funds
funds
2022
£
£
£
£
535
89,445
89,980
4,194
2,495
6,689
4,729
91,940
96,669
Unrestricted Designated
Restricted
Total
funds
funds
funds
2022
£
£
£
£
78,335
78,335
5,559
5,559
4,156
4,156
1,395
1,395
535
535
535
89,445
89,980		 Total
2021
£
80,223
2,650
82,873
Total
2021
£
75,538
516
4,064
105
0
80,223

Pre-school has operated a pension scheme (NEST) since 1[st] May, 2017

9

3.2 Equipment and resources
General Expenses
IT
EYPP Purchases
DAF Purchases
4 Premises and support costs
Rent for rooms
Insurance
Phone and Broadband
Advertising
Maintenance and Renewals
Subscriptions
Administration
Other
Total
5 Resources expended on managing and
administering the charity
Legal fees
Independent examination		 Unrestricted Designated
Restricted
Total
funds
funds
funds
2022
£
£
£
£
4,059
4,059
135
135
1,885
1,885
610
610		 Total
2021
£
2,447
0
203
4,194
2,495
6,689		 2,650
Unrestricted Designated
Restricted
Total
funds
funds
funds
2022
£
£
£
£
5,700
5,700
851
851
804
804
478
478
2,997
2,997
185
185
1,906
1,906
0
0
2,569
10,352
12,921		 Total
2021
£
5,265
844
736
420
1,073
174
789
7,755
17,056
Unrestricted Designated
Restricted
Total
funds
funds
funds
2022
£
£
£
£
0
350
350
350
350		 Total
2021
£
0
350
350

6 Trustees

None of the trustees received any remuneration during the year.

7 Fixed Assets

Valuation
At 31st August 2021
Additions
Disposals
Revaluation
At 31st August 2022
Accumulated depreciation
At 31st August 2022
Provided during the year
Net book value
At 31st August 2022		 Furniture
Play
Office &
Total
Fittings
Equipment
Computer
2022
£
£
£
£
2,677
491
833
4,001
2,677
491
833
4,001
(268)
(49)
(208)
(525)		 Total
2021
£
4,631
4,631
(630)
2,409
442
625
3,476		 4,001
8 Debtors
Debtors		 Total
2022
£
3,071
3,071		 Total
2021
£
1,318
1,318

10

Total
2022
9 Creditors
£
Creditors
14,915
Creditors & Accruals fees owed to accountants for independent examination
350
15,265
Analysis of net assets between funds
Unrestricted Designated
Restricted
Total
funds
funds
funds
2022
£
£
£
£
10 Fund Balances at 31st August 2022
are represented by
Tangible Fixed Assets
3,476
3,476
Current Assets
119,461
-15,567
103,894
Creditors falling due within one year
(15,265)
(15,265)
Fund Values
107,672
0
-15,567
92,105
Balance
Balance
Movements in
31 August
31 August
Restricted Funds
2021
Incoming
Outgoing
2022
£
£
£
£
Agency funding
-2,672
89,397
102,292
-15,567
-2,672
89,397
102,292
-15,567
Movement in resources		 Total
2021
£
17,622
350
17,972
Total
2021
£
4,001
105,711
(17,972)
91,740
Balance
31 August
2021
-2,672
-2,672

11