2023-08-31-accounts - Heddington Preschool

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 1 September 2022 To 31 August 2023

Section A Reference and administration details

Charity name Heddington & Cherhill Preschool Other names charity is known by Registered charity number (if any) 1156048 Charity's principal address Church Road Heddington Calne Postcode SN11 0PJ

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
EmilyUnderwood	Chair
Zoe Bevan	Secretary
HayleyLewis
Sarah Vaughan		To July2023
Jasmine Brown
Elizabeth Hopkins		To July2023
Katie Rendell
AmyDawson

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Preschool Learning Alliance Model Constitution (adopted 13[th] February Type of governing document 2014)

(eg. trust deed, constitution)

CIO How the charity is constituted

(eg. trust, association, company)

Elected for membership committee (including active parents) Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

To enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.

TAR

March 2012

Providing stimulating and creative play by qualified and friendly staff, enabling confident learning to take place in a fun and protected environment.

Providing education and care facilities, together with the right of parents to take responsibility for and to become involved in the activities ensuring learning and development opportunities for all children in line with current legislation and requirements.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

TAR

March 2012

Section D Achievements and performance

Summary of the main achievements of the charity during the year

Numbers have increased, both preschools are full every day.
- Holiday club remains full and popular with many parents opting for full time contracts.
- Staff have taken part in various continuing professional development
PE and music sessions ran for all children
- Forest school continues to be a big hit - Fundraising events were very successful.

TAR

March 2012

Section E Financial review

Brief statement of the charity’s policy on reserves

Our free reserves policy is to hold at least £75,000.00 due to increased costs; this covers us for 3months costs at both sites in the event of a drop in numbers of children or sudden unexpected closures where we would still need to pay staff and bills. We will also hold a second reserves policy for £30,000 for repairs and replacement of essential items including expected repairs or replacement of the building at Cherhill in 2024/2025.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) E.Underwood

Full name(s) Emily Underwood

Position (eg Secretary, Chair, Chair etc)

Date 19/04/2024

TAR

March 2012

Heddington Pre-School Balance Sheet as at 31st August 2023

Notes Current assets: Cash at Bank (main account) Cash at Bank (fund raising Cash at Bank (redundnacy fund) Cash at Virgin Money Total assets less current liabilities Net Assets	2023 2022 £ £ 41,863 101,249 12,740 7,811 30,702 30,530 70,395 155,700 139,590 155,700 139,590

Heddington Pre School 1156048 Income & Expenditure Account Year Ended 31st August 2023

Heddington Pre School 1156048 Income & Expenditure Account Year Ended 31st August 2023
INCOME: Fees Donations & Grants Holiday Club Fundraising & Events Asset & Investment Purchases Room/Venue Hire, Events & Trips Bank Interest Rec'd Transfers EXPENSES: Wages, Tax & NI Rent, Rates & Property costs Staff Training & Development Equipment Repairs & Maintenance Insurance Expenses & Petty Cash Payroll Processing Fees Room/Venue Hire, Events & Trips Professional Fees & Subscriptions Printing, Post & Stationery Advertising Toys & Educational Equipment Transfers RESULTS	2023 2022 £ £ 349,700 160 100 1,704 0 2,997 535 70,001 425,197 250,643 42,971 1,210 3,205 0 17,202 1,370 5,046 8,989 2,704 277 4,870 70,601 409,086 16,110	324,364 1,233 0 6,023 0 7 600 9,676
		341,903
		225,077 21,632 1,359 2,346 15,144 1,106 175 6,377 1,746 327 5,122 13,515
		293,928

		47,975

Heddington Pre School INCOME SUMMARY September 2022 to August 2023

Date	Details	Reference		Analysis Code		Amount
September October November December January February March April May June July August						31,985.14 23,997.04 31,169.06 24,409.97 29,807.73 31,105.87 34,323.35 26,117.61 27,955.80 32,404.76 29,905.35 26,518.23
	- -			- 349,699.91

Wiltshire CC

Heddington Pre School EXPENSES SUMMARY

Month SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST	Wages Tax & NI	Rent, Rates & Property costs	Staff Training & Development	Equipment Repairs & Maintenance	Insurance	Expenses & Petty Cash	Payroll Processing Fees	Room/Venue Hire, Events & Trips	Professional Fees & Subscriptions	Printing, Post & Stationery	Transfers	Advertising	Toys & Educational Equipment
	19,043.17 19,801.78 21,473.51 19,605.01 18,743.08 19,746.61 20,024.40 22,489.82 22,090.99 22,417.05 22,313.49 22,893.59	9,182.08 1,383.23 5,711.83 2,061.28 1,573.77 1,492.27 7,911.81 5,527.00 3,720.66 1,209.44 1,328.45 1,869.38	75.00 - - - 75.00 543.40 94.20 119.60 303.00 - - -	129.99 521.94 - - 167.94 1,638.00 230.41 167.94 147.60 32.77 167.94 -	- - - - - - - - - - - -	1,994.85 770.87 1,269.67 1,209.24 2,750.61 1,164.09 1,072.02 849.53 1,403.10 1,673.25 1,897.09 1,147.32	88.20 88.20 88.20 105.60 105.60 105.60 105.60 105.60 249.60 105.60 111.00 111.00	3,700.00 539.54 - - - 548.00 241.54 16.94 - - - -	1,110.66 113.14 473.13 3,118.54 610.54 461.94 827.94 285.94 496.93 265.94 1,073.94 150.04	230.16 193.51 359.34 7.97 6.32 12.91 607.38 47.35 35.98 1,063.06 69.50 70.43	300.00 - - - - - 70,001.00 - - - 300.00 -	102.19 - - 110.00 - - - - - - 65.00 -	67.99 742.84 193.28 - 142.85 311.84 80.24 2,933.28 120.25 244.46 32.58 -
	250,642.50	42,971.20	1,210.20	3,204.53	-	17,201.64	1,369.80	5,046.02	8,988.68	2,703.91	70,601.00	277.19	4,869.61

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Heddington Preschool On accounts for the year 31[st] August 2023 Charity no 1156048 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2023 .

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Please delete the words in the brackets if they do not apply.

Signed: PS Keen Date: 07/05/2024 Name: Pamela S Keen Relevant professional Institute of Certified Bookkeepers qualification(s) or body (if any): Address: 1[st] Floor, Victoria Street Victoria House, Taunton Somerset. TA1 3FA

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

October 2018

IER

Give here brief details of any items that the examiner wishes to disclose .

October 2018

IER