2020-12-31-accounts - St Margaret's Pre-School (Olton)

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				SORP reference
Summary	ofthe purposes		of	Pars 1.17	St Margaret's Pre-School's purpose isto
the charity as set out		in its			ENHANCE THE DEVELOPMENT AND EDUCATION
governing	document				OF CHILDREN AGED 2-5 BY ENCOURAGING
					PARENTS TO UNDERSTAND AND PROVIDE FOR
					THE NEEDS OF THEIR CHILDREN THROUGH
					COMMUNITY GROUPS AND PRE SCHOOL
Summary activities	ofthe main in relation to those			Pars 1.17and 1.19	StMargaret's Pre-School provides a fully accessible and inclusive learning
purposes	for the public				environment for children aged 2-5 within	our
benefit, in particular,		the			purpose built children's centre in Lyndon,
activities, identified	projects or services in the accounts.				Solihull. We offer comprehensive affordable pre-school education and support from 8.30
					to 6.00 during school term time and provide
					wrap around services for our local primary
					nursery as well. We provide education in	line
					with the Early Years Foundation Stage
					Framework and provide encouragement	and
					support to the children's parents and wider
					families.
Statement	confirming			Para 1.18	Any decisions taken by the trustees, where
whether the trustees		have			relevant, have due regard to the
had regard to the guidance					Commission's public benefits guidance.
issued by	the Charity
Commission on public
benefit

			Our trustees are volunteers who give their
Contribution	made	by	time to support the running ofthe pre-school.
volunteers			Parents ofpast and present pre-school
			attenders also provide their time on a
			voluntary basis to support running ofthe pre-
			school, its upkeep and provision of
			e ui ment tosu rtitso aration.
Other

Achiev	ements and Pe	rformance
		SORP reference
			Daily Pre-school sessions providing
			education in line with	the EYFSframework
Summary ofthe main achievements ofthe charity,		Para 1.20	with a specific focus on providing a fully accessible, caring and inclusive setting.
identifying	the difference the
charity's	work has made to		We encourage and support all		children
the circumstances of its			attending the setting	to help them achieve
beneficiaries and any wider			their full potential.
benefits to society as a
whole.			Enrichment activities	including	visits and
			trips.
			Fundraising activities	in support	ofthe
			education functions.

Financial Review
Review ofthe charity's		Para 1.21	At the end		ofthe period we have	835,528 in
financial position at the end ofthe eriod			bank accounts and cash including We have f4250 current, liabilities.			reserves.
Statement explaining the		Para 1.22	The pre-school aims to retain E3,000 in
policy for holding reserves			reserve at	any point in time to ensure
stating why they are held			unforeseen		costs can be covered	without
			borrowin	.
Amount ofreserves held		Para 1.22	R3,000
Reasons for holding zero		Para 1.22
reserves
Details offund materially	in	Para 1.24	N/A
deficit
Explanation ofany		Para 1.23	NIA
uncertainties about the
charity continuing as a going
concern

You ma ch	oose	to	include fu	rther statement	s wher	e relevan	t about:
					Our	principle	source offunds is Solihull MBC
The charity's principal sources offunds (including				Para 1.47	and parents supplemented		paying childcare fees. This is with fundraising and pre-
any fundraising)					school building rental income from local
					communit		rou s and similar activities.
					NIA
Investment policy and objectives including any				Para 1.46
social investment		policy
adopted
					The	charities primary risks are around:
A description	ofthe		principal	Para 1.46	~	General	Health and Safety;
risks facing	the charity				~	Safeguarding ofchildren;
					~	Meeting	Ofsted requirements;
					~	Ensuring	adequate staffing levels;
					~	First Aid	and Insurances;
					~	Ensuring	financial sustainability.
					~	COVID 19impact.
					These areas		are reviewed in each trustees
					meeting.
Other

Structure, Govern	ance	and Manag	ement
Description of charity's
trusts:
Type of governing document		Para 1.25	We have a Constitution
How is the charity		Para 1.25	Charity Incorporated	Organisation
constituted'P
Trustee selection methods		Para 1.25	Trustees are elected	annually	at the AGM.
including details ofany
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 Chair ofthe Pre-School must undertake
Policies	and	procedures			Designated Safeguarding Lead training run
adopted	for the induction		and		by Solihull MBC.
training	oftrustees
					All trustees are encouraged to review advice
					and guidance on the Charity Commission
					website.
					The Charity has committee. Currently this
The charity's structure and		organisational any wider		Para 1.51	has three trustees sitting on it, together with the pre-school manager and deputy
network	with	which the			manager as non voting members.
charity works
					N/A
Relationship		with any related		Para 1.51
parties
					The current Pre-School Chairman's spouse
Other					is employed by the Pre-School. Steps are
					taken to avoid conflict ofinterest, including:
					The current Chair does not vote on any
					staffing renumeration discussions.
					The current Chair would not, play any part in
					any grievance or disciplinary processes
					involving his spouse.

ames	ofthe charity trust	ees who manage	the charity
	Trustee name	ONce (lfany)	Dates acted lf not for whole ar	Name to a	ofperson (or body) entitled oint trustee lfan
	Martin Pyne	Chair
	Diane Louise Zakis	Treasurer
	Gemma Ann
	Mucklow
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5
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20

Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers
Description ofthe assets	N/A
held in this capacity
Name and objects ofthe
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for
safe custody and
segregation ofsuch assets
from the charity's own assets

				Fund 1a	which	areaunt due	When due
		Details		liability	relatea	(etrdanal)	(apdanali
85Liabilities				Unrestricted			Feb '21
Signed by one ortwo trutrtms ofell the truateea	on behalf		Signature		Print	Norns	Date ofapprovat
							t( Ii(IX(