OpenCharities

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2023-08-31-accounts

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llkley Round Table
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The Masons
further statements,
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relevant,
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Supermarkets
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National
Lottery
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policy on grantmaking;
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policy programme
related
investment;
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Local Council
These are grants that have been applied for
awaiting
outcome for next financial year.
Iplan to apply for and
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contribution
made by
volunteers.
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Summary
ofthe main
achievements
ofthe charity
During the year the pre-school was open for the full 38weeks and
provided
21 hours per week ofcare and education.
during the year 19children aged 24years attended
pre-school over the course ofthe
year,
30children attended
the Summer Club.
We now have the highest
number of children
on the register since before
Covid.
Briefstatement
ofthe
charity's
policy on reserves
To hold sufficient reserves to cover statutory
redundancy
payments
and
associated costs which may arise in the event ofthe dosure ofthe
preschool or the cost oftemporary
relocabon ofacbvities.
In addition,
the
trustees consider
it prudent to hold some reserves to cover unforeseen
costs and the impact ofadverse fluctuations in the number of children
enrolled.
The Preschool made a financial loss this year ofE5,866, this is an
improvement
from last financial year however
still a loss.
D"'""'y""" '"" " The Preschoolhas
been continuing
to increase attendance
to pre.COVID
in deficit levels and above, whilst also seen increased rental costs, increasing
national
minimum
wage and reductions
in Bradford Funding for children.
Further financial
review details
(Optional
information)
You may choose to include
additional
information,
where
relevant about:
The impact ofthe introduction
offunding for2year olds has been
reviewed,
this is being addressed
by reviewing
the fees for funded and
non funded
children
for next year.
~
the charity's
principal
sources offunds (including
any fundraising);
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how expenditure
has
supported
the key objectives
ofthe charity;
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investment
policy and
objectives including
any
ethical investment
policy
adopted.