Trustees’ Annual Report for the period
From 01/09/2021 To 31/08/2022
Charity name: Coalbrookdale and Ironbridge Nursery
Charity registration number: 1160639
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The development and education of children by: 1. promoting their care and safety 2. promoting their education & promoting parental involvement 3. promoting their health & wellbeing 4. providing services to support them & their families & carers 5. providing services to individuals holding membership of the CIO 6. furthering the aims of the Pre-school Alliance |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The nursery provides childcare for pre-school age children (from aged 2) every day during term time. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees consider that they have complied with their duties to have regard to the public benefit guidance issued by the charity commission. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteer |
Para 1.38 | |
| Other |
Achievements and Performance
| SORP reference |
||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | After a difficult period during pandemic lockdowns the staff have been focusing on developing the children’s communication, social and emotional skills. |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | A £11,729 surplus was made during the year which is higher than the previous year of £7,336. This is due to the increase in parental contributions, with children numbers having recovered to pre-pandemic levels as parents return to workplace. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The nursery holds surplus reserves of £55,354 in a savings account to allow for future exceptional events and potential closure costs. |
| Amount of reserves held | Para 1.22 | Reserves, including savings, total £104,290. |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Funding is mainly from local government & parental contributions for childcare. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document | Para 1.25 | Constitution |
| How is the charity constituted? |
Para 1.25 | Charitable Incorporated Organsiation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Elected by the members at AGM |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity’s organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other
Reference and Administrative details
| Charity name | Coalbrookdale & Ironbridge Nursery |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1160639 |
| Charity’s principal address | Coalbrookdale & Ironbridge School Dale Road Telford Shropshire TF8 7DS |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for **whole year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Michelle Evans | Chair | Committee/Trustee | ||
| Emma Bailey | Secretary | Committee/Trustee | ||
| Paula Lovewell | Committee/Trustee | |||
| Jennifer Edwards | Committee/Trustee | |||
| Lynda Smallman | Committee/Trustee | |||
| Sophie Allen | Committee/Trustee | |||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Name of chief executive or names of senior staff members (Optional information) | ||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) MICHELLE EVANS Position (eg Secretary, CHAIR Chair, etc) Date 08/06/2023
Coalbrookdale & Ironbridge Nursery Receipts & Payments Account For the year ended 31 August 2022
| Receipts Bank Interest Donations Fees NEG Funding Fundraising Grants Nusery Milk Scheme Payments Wages, employer NI & pensions Rent & Insurance Utilities Consumables Activities Subscriptions Accountancy Equipment expensed Repairs & maintenance Printing, postage & stationery Fundraising expenditure Training Travel Advertising Bank charges Sundry Surplus/(Deficit) for year Bank and Cash Accounts at 1 September Bank and Cash Accounts at 31 August Petty Cash Current Account Savings Account |
£ 7 42 39,183 62,727 333 - 96 |
2022 £ £ 5 79 19,451 71,183 64 991 78 102,388 72,245 1,575 1,423 2,481 736 919 2,869 791 293 446 114 240 7 - 92 284 90,659 11,729 92,561 104,290 191 48,745 55,354 104,290 |
2021 £ 91,851 84,515 |
|---|---|---|---|
| 74,697 2,709 1,190 2,798 1,500 1,173 2,756 991 125 539 151 503 8 1,165 99 255 |
|||
| 7,336 85,225 |
|||
| 92,561 | |||
| 9 37,204 55,348 |
|||
| 92,561 |
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl membern of Coalbrookdale & Ironbrick3e Nursery On accounts for the year ended 31 August 2022 Charity no (If any) 1160639 Set out on pages I report to the trustees on my examination of the accounts of the above charity fthe Trusf) for ts year ended 3 110 81 l OZI Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of r8POrt of the accounts in accordan with the requirements of the Charities Act 2011 ('the Acr). I report in respect of my examination of the Trust's accounts Caled OLrt 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 ACL I have cornped my examination. I confirm that no material matters have come to my attention ( ') in conneGtion with the examination which gtves me cause to believe that in, any material respect accounting records were not kept in accordance viith section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's ststement I have no conoms 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 wonys in the brackets rfthey do not apply. Signed: Date: 2q 03. aoa3 Name: Relevant professional qualifiG*ion(s) or body (if any): Address: IER October 2018