##
##
##
##
##
|||||||SORP reference|||
|---|---|---|---|---|---|---|---|---|
|Summary||Ofthe purpOSeS|||Of|Para 1.17|||
|the charity as set|||out|in its|||~|To provide a safe, secure, stimulating|
|governing||document||||||and caring environment
in which|
|||||||||children
can learn and develop a sense|
|||||||||ofachievement
through
play.|
||||||||~|To promote an atmosphere
where|
|||||||||every child feels that they belong and|
|||||||||has a contribution
to make, developing|
|||||||||their own self-esteem
and|
|||||||||independence
which will help them to|
|||||||||make a natural
transition
to fulltime|
|||||||||schooling.|
||||||||~|Toensure each child is supported
in|
|||||||||developing
their potential
at their own|
|||||||||pace by means of developmentally-|
|||||||||appropriate
play activities and a high|
|||||||||level of individual
adult input.|
||||||||~|To provide activities and experiences|
|||||||||that are planned to meet their|
|||||||||individual
stages ofdevelopment|
|||||||||within the EYFS.|
||||||||~|To always look at ways to improve and|
|||||||||update the environment,
layout,|
|||||||||equipment
and resources available|
|||||||||within the Preschool|
|Summary
activities||ofthe main
in relation to those||||Para 1.17and
1.19|The programme
ofactivities provided for the
children,
planned
by the staff, is in accordance||
|purposes||for the public|||||with and followed the Early Years Foundation||
|benefit,|in particular,|||the|||Guidelines.
Children
choose which activities||
|activities,
services||projects
identified|or
in|the|||they would
like to participate
in each session.
The staff plan activities on a theme alongside||
|accounts.|||||||the free|play. There is regular access to the|
||||||||garden,|which includes a covered space, as well|
||||||||as regular forest school sessions. Planned||
||||||||activities|include but are not limited to cooking|
||||||||and making seasonal crafts. The staff work with||
##
||||||Providing
pre-school education for||
|---|---|---|---|---|---|---|
||||||approximately
50children
in a safe, secure,||
||||||stimulating,
and caring setting.||
|Summary
ofthe main
achievements
ofthe charity,||||Para 1.20|Preschool achieved a 'good' Ofsted grading|in|
|identifying
the difference the
charity's
work has made to
the circumstances
of its
beneficiaries
and any wider|||||October 2016and continues to provide
exciting learning
opportunities
to children
through
sessional care.||
|benefits to society as a
whole.|||||The new management
team took up the reigns
in January 2018,and two other new members||
||||||ofstaff joined at this point. The new||
||||||management
team have continued to develop||
||||||Preschool offering families
in the local||
||||||community
a good early year's provision.||
||||||Staffing retention
has remained
stable during||
||||||this period.||
||||||We had a successful range of fundraising||
||||||events including
a Christmas
raffle and||
||||||Poinsettia sale.||
||||||Preschool remained
open through
out Covid 19||
||||||pandemic,
keeping children, staff and families||
||||||safe.||
||||||The trustees have continued
and implemented||
||||||a sustainable
business
model with forward||
||||||planning.||
||||||Ensured Preschool
is following
all Policies and||
||||||Procedures
and has high priority for||
||||||Safeguarding
procedures.||
##
|Achievements
against|Para 1.41|
|---|---|
|objectives set||
|Performance
offundraising
activities against objectives|Para 1.41|
|set||
|Investment
performance|Para 1.41|
|against objectives||
|Other||
##
|inancial Review|||||
|---|---|---|---|---|
|Review ofthe charity's||Para 1.21|||
|financial
position at the end|||||
|ofthe
eriod
Statement
explaining
the
policy for holding reserves
stating why they are held||Para 1.22|We have a reserves
policy to maintain
a
reserve off23,000.
The reserves are unrestricted
funds that are
freely available to spend on any ofthe Trust's||
||||charitable
purpose. They are held to service|an|
||||unexpected
need for funds, covering||
||||unforeseen
day-to-day
operational
costs, a||
||||shortfall
in income or to fulfil its obligations.||
|||"Reserve levels are reported
as part of the|||
||||finance report at every Trustees meeting.||
|||'|' We currently
hold a larger sum than our||
|||:,. reserves policy states but this is due to the
.uncertainty
during the Covid-19 pandemic.
':Planned
spending
was put on hold as we were
" not aware of the financial impact that this|||
||||would have and we wanted to ensure that we||
||||remained
financially
viable. Fortunately
we|did|
||||receive some support from the government||
||||and Local Authority
so we didn't need to be so||
||||financially
reserved.||
|Amount ofreserves held
Reasons for hiding zero||Para 1.22
Para 1.22|K5?,853
n/a||
|reserves
Details of fund materially|in|Para 1.24|none||
|deficit
Explanation
ofany||Para 1.23|||
|uncertainties
about the|||||
|charity continuing
as a going|||||
|concern|||||
|Additional
information
(optional)
You ma
choose to include further statementa|||where relevant about:
The majority ofour income arises from Nursery
Education
Funding
Grants and fees from the||
|The charity's
principal
sources offunds (including
any fundraising)||Para 1.47|children
attending
the Preschool.
The trustees, staff and parents, fundraised
through the year to support the Preschool,||
||||putting
on several events for the children|and|
||||their families to attend.||
||||Wages are our greatest expense, as our staff||
||||are our greatest asset||
||||n/a||
|Investment
policy and
objectives including
any||Para 1.46|||
|social investment
policy|||||
|adopted|||||
|Structure,|Structure,|Governa|nce|and Manag|ement||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Description
of||charity's|||||||||
|trusts:|||||||||||
|Type of governing
document||||Para 1.25|Model CIO Constitution||for Childcare Providers||||
||||||2013||||||
|How is the charity||||Para 1.25|CIO (Charitable|Incorporated||Organisation)|||
|constituted?|||||||||||
|Trustee selection methods||||Para 1.25|Trustees are appointed||or re-appointed||||
|including|details of any||||annually
and the AGM||is held|in September.|||
|constitutional||provisions|e.g.||||||||
|election to post or name|||of||||||||
|any person or||body entitled|||||||||
|to appoint one or more|||||||||||
|trustees|||||||||||
|Additional|information||{optional)||||||||
|You ma|choose to include further statements||||where relevant|about:|||||
||||||The preschool|works to its policies and|||||
||||||procedure
documents||which|are updated|||
|Policies
adopted|and procedures
for the induction|||Para 1.51|annually.||||||
|and training oftrustees|||||The original management
team retired||||in||
||||||December 2017.The Trustees|||recruited||a new|
||||||management|team who started January||||2018.|
||||||The change was managed to|||maintain|staff||
||||||retention
and|alleviate|parental
concerns.||||
||||||The playschool|was rebranded||Telford|||
||||||Preschool
in July 2019||||||
||||||Safeguarding|ofthe children||attending|is||
||||||always the primary concern ofTelford||||||
||||||Preschool.||||||
||||||The (volunteer)
team ofTrustees oversees the||||||
||||||organisation
ofthe Preschool|||and the|line||
||||||management|ofthe manager. The manager|||||
||||||oversees the|day to day running
of the|||||
||||||Preschool and the line||management
ofall||||
||||||other staff.||||||
|The charity's
structure
and||organisational
any wider||Para 1.51|||||||
|network|with|which the|||||||||
|charity works|||||||||||
|Relationship||with any||Para 1.51|||||||
|related|parties||||||||||
##
##
|,me|s ofthe charity trus|s ofthe charity trus|tees who ma|nage the|charity||||
|---|---|---|---|---|---|---|---|---|
||Trustee name||Office (ifany)||Dates acted ifnot forwhole
ear|Name
to a|ofperson (or body} entitled
oint trustee
ifan||
|1|Katherine|Watson|Chair||||||
||Francine|Stetina-|Committee|member|||||
||Bhimani||||||||
|3|Adele Carter||Secretary||||||
|4|Kate D'Alessandro||Committee|member|||||
||Claire Harman-||Committee|member|||||
||Sherwood||||||||
|6|||||||||
|7|||||||||
|8|||||||||
|9|||||||||
|10|||||||||
|11|||||||||
|12|||||||||
|13|||||||||
|14|||||||||
|15|||||||||
|16|||||||||
|17|||||||||
|18|||||||||
|19|||||||||
|20|||||||||
##
##
##
##
|Income
Fees
NEF Grants
Fundraising
and Donations
Coronavirus
Job Retention
Bank Interest|Grant|16,817.00
74,174.06
1,331.28
1,168.42
186.21|
|---|---|---|
|||93,676.97|
|Expenditure
Wages
HMRC &Pensions||65,634.97
6,320.59|
|Equipment
Maintenance||2,994.46
3,431.31|
|Accounting,
book keeping 8 payroll
Phone/Broadband||2,066.25
732.96|
|Rent||1,833.36|
|Training and DBS
Electricity
Fundraising
Expenses
Insurance,
ICO 8 Ofsted||828.16
0.00
330.00
680.61|
|||84,852.67|
|Excess income over expenditure||8824.30|
|Cash funds last year end||49,029.19|
|Cash funds this year end||57,853A9|
|The cash funds atthe year end comprise:
Current account||12,150.97|
|Deposit account||45,702.52|
|Total cash funds||57853.49|
##
##
##
##
|Income
Fees||16,817.00|
|---|---|---|
|NEF Grants||74,174.06|
|Fundraising
and Donations
Coronavirus
Job Retention|Grant|1,331.28
1,168.42|
|Bank Interest||186.21|
|||93,676.97|
|Expenditure
Wages
HMRC &Pensions||65,634.97
6,320.59|
|Equipment
Maintenance||2,994.46
3,431.31|
|Accounting,
book keeping
Phone/Broadband|&payroll|2,066.25
732.96|
|Rent||1,833.36|
|Training and DBS
Electricity
Fundraising
Expenses
Insurance,
ICO &Ofsted||828.16
0.00
330.00
680.61|
|||84,852.67|
|Excess income over expenditure||8824.30|
|Cash funds last year end||49,029.19|
|Cash funds this year end||57,853.49|
|The cash funds atthe year end comprise:|||
|Current account||12,150.97|
|Deposit account||45,702.52|
|Total cash funds||57853.49|