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2024-02-29-accounts

Great Ellingham Preschool Registered Charity Number 1160412

Report of the trustees for the year ending 28[th] February 2024

Our purpose

The purpose of Great Ellingham Preschool (‘the preschool’) is to advance the education of children below compulsory school age in Great Ellingham, Norfolk and the surrounding areas by:

We support a variety of children and families, including those with special educational needs, and prepare all children for their transition to school in a fun and educational environment.

How we are structured and managed

The preschool is managed by a General Manager, who supervises eight members of staff.

A group of voluntary trustees are responsible for overseeing the management of the preschool. Trustees are parents of children attending the preschool and/or members of the local community. Trustees are recruited by requesting expressions of interest from parents and members of the wider community, and the preschool committee approve the appointments.

The preschool committee is made up of 5 trustees. The committee meets approximately once per month as set out in the Charity Constitution.

Trustees from 1[st] March 2023 to the date of approval of this report have been:

Chair: Lynnette Leslie Treasurer: Tammy Gardiner Secretary: Natalie Snelling

Additional committee members for this period have been:

Lorina Saffell

Gemma Killingback

Sarah Gladden

In managing the preschool activities, the trustees have considered the preschool’s constitution, requirements set out in section 17(5) of the Charities Act 2011, and guidance set out by the Charities Commission, including that on public benefit requirements where relevant.

Our activities and achievements during the year

The year March 2023 to February 2024 has seen the preschool go from strength to strength with numbers of children and fundraising activities being organised. The possibility of a stand alone building for the preschool has added to the efforts and making this a possibility has been added to the list of the preschools priorities to help with the enrichment of the children's time with us.

Again we had an uplift in numbers of children starting at the preschool in September. We have taken on new members of bank staff to help keep the preschool running as smoothly as possible.

Financial review

During this year, the preschool generated income of £87,721.64 and incurred expenses of £97,736.74 There was a financial loss of -£10,015.10. This was due to wages increases required, numbers of staff, us not upping our costs to try and help parents after a good year previous.

The preschool has a reserves policy that requires sufficient funds to be held to cover staff wages for 3 months and to help cover contingencies in the event of emergencies, such as additional rent in the event that the current building was unusable. This policy has been adhered to throughout the financial year.

Approved by the trustees of Great Ellingham Preschool on 5th March 2024, and signed on their behalf by:

Lynnette Leslie Chair of Great Ellingham Preschool Committee 5th March 2024

Great Ellingham Preschool Profit & Loss 01/03/2023 to 28/02/2024

4403
NCC Funding
£62,039.47
7903
Interest Received
£612.80
7906
Preschool fees
MON am - Monday Morning
£1,134.00
MON lunch - Monday Lunch
£81.00
MON PM - Monday Afternoon
£405.00
MON ALL - Monday All Day
£4,244.40
TUE AM - Tuesday Morning
£988.20
TUE Lunch - Tuesday Lunch
£62.10
TUE PM - Tuesday afternoon
£148.50
TUE ALL - Tuesday All day
£2,948.40
THUR AM - Thursday Morning
£583.20
THUR Lunch - Thursday Lunch
£297.00
THUR PM - Thursday afternoon
£1,485.00
THUR ALL - Thursday all day
£1,263.60
FRI AM - Friday Morning
£874.80
FRI Lunch - Friday Lunch
£513.00
FRI PM - Friday Afternoon
£1,917.00
FRI ALL - Friday All Day
£4,471.20
Unassigned
£65.00
7913
Donations
£353.00
7914
GEPS Fundraising for Other Organisation
-£49.70
7915
GEPS Fundraising Event
£3,155.37
7916
Logowear Uniform
£194.30
TOTAL
CODE
NAME
TURNOVER

30/01/2025 09:56

1

Great Ellingham Preschool Profit & Loss 01/03/2023 to 28/02/2024

10008
Petty Cash
-£65.00
TOTAL
CODE
NAME
Total Turnover
£87,721.64
TOTAL
CODE
NAME
Total Cost Of Sales
£0.00
Gross Profit
£87,721.64
LESS COST OF SALES

30/01/2025 09:56

2

Great Ellingham Preschool Profit & Loss 01/03/2023 to 28/02/2024

LESS EXPENSES

LESS EXPENSES
CODE NAME TOTAL
7100 Rent £5,541.00
7502 Telephone £85.00
7504 Stationery & Office Consumables £65.64
7603 Professional Fees £1,037.00
8204 Insurance £750.85
8206 Playground equipment £749.82
8207 Indoor Play Equipment £136.34
8211 Craft Materials / Consumable Play equipment £1,227.34
8217 Logo Wear £630.08
8218 Health & Safety Consumables £367.05
8219 Heating £262.00
8223 Cleaning Materials /Personal Hygiene supplies £41.26
8226 Staff Training £658.68
8227 Books & DVDs £80.49
8231 Staff costs (Tea, coffe, milk) £65.20
8237 Postage £13.09
8238 Plants & Garden £516.48
8240 HMRC £3,321.31
8241 Committee costs £107.88
8247 Computer equipment £219.45
8248 Wages £76,636.77
8249 Equipment £19.49
8252 DBS Costs £339.20
8254 Gompels £624.69

30/01/2025 09:56

3

Great Ellingham Preschool Profit & Loss 01/03/2023 to 28/02/2024

9998
Other
£456.62
10003
Pensions
£3,784.01
TOTAL
CODE
NAME
Total Expenses
£97,736.74
Net Profit
-£10,015.10

30/01/2025 09:56

4

CHARITY COMM15510N FOR ENGLAND AND WAIES Independent examiner's report on the accounts S•ction A Ind•p•nd•nt Ex•mln•r'• R•port Report to th• tru8t••* Elllnoh•m Pr••chool On •c¢ounts fty lh• ymp •nd•d 2W0212024 Charlty no 111 •nyl I report lo the Iruslees on my èxamirwtion of the accounts ol the atw)ve chanty for tho year endod 2810212024 R•spon¥ibilities and sis of r•port As Ihe ch8rity's tru$lees. you are responsible for the preparation of the accounts in ¥￿rdance wrth the requirements ol Ihe Charit￿& Act 2011 Ilhe Acl"). I report in resrt of my examination of the Trust's account$ carried out under section 145 of the 2011 Act and In carying OLrt my examination, I have lolkjwed all the applicable Directions given by the Charty Cornmissi￿1 under ￿tiOn 145(5llbl of the Act. Independent I have completed my Èxamination. I confim) that no malefial matters have exarninerfs ststement come to my attention in connection wrth the examination whKh gives me cause to believe that in. any material respect." the accounting records were not kept in accordance with section 130 ol the Charrties Act., or the a¢¢ounts did not accord with the accounting records." or the accounts not Comp￿ with the applicable requirements con¢eming the fonn and content of accounts set out in the Chartties (Accounts and Reports) RegulatK>ns 2008 other than any requirement that the accounts give a'true and fair. view which is not a matter consKlered as part of an independent examination. I have no concems and have corne across no other matters in Conne￿￿)n wrth the examination lo which attent￿n should be drawn in this report in order lo enable a proper understsnding of the accounts to be reached. ' Please delete the words in the brackets rfthey do not appty. 2810112025 Signed: Name: clai￿ Btyth Relèvant professional qu41ificationl•l or body (if any): AATQB Addreu: Anchor Villa, Wood Lane, Lrttle Ellingham. Attlet)orough. Norfolk. NR171JZ IER Oct 2018