Preschool CIO Lyme Road, Axminster EX13 5BE OFSTED EY496057 Charity no. 1160739 Tel: 01297 639329 Email: dragonflies@stmarysaxminster.devon.sch.uk Website:www.preschoolaxminster.co.uk ## Trustees’ Annual Report 2023 Trustees 2023: Kirsty Willett Elizabeth Pearse Eleanor Scott Ingrid Betzler Laura Staddon Dragonflies Preschool is a small preschool which takes children from age 2 to 4 until they begin their Reception year at school. It operates within a school building (St Mary’s Catholic Primary School) and pays rent for one classroom and an outside area, plus cleaning and utilities, to the academy chair which runs the school (Plymouth Cast). The preschool operates within the school day and term times only, and we can look after a maximum of 24 children at one time, up to 5 2-year-olds and the rest 3 and 4 years olds. Most children do not attend full time but their parents choose the hours and days they attend according to what works best for them. Trustees are generally recruited from parents of children who attend the preschool, although other interested parties (such as grandparents or other members of the community) would be welcomed if they wished to join. Our activities and objectives are to provide an excellent preschool - the aim of our preschool is to begin the education process for young children, providing this in a caring but structured way so that the transition to school is a smooth process. We aim to make the children feel happy and confident in our care and to help parents feel involved with this process. We promote equal opportunities and encourage children to think of others but also of themselves. We encourage self-confidence, good health and a responsible attitude in all our children. We aim to provide a safe, secure, fun place for children to learn whilst also providing more challenging activities. Families can always talk to us in strictest confidence and be assured that everything we learn about the children remains confidential. Our staff and Trustees recognise that the wellbeing of the children is paramount; we are continually looking for ways to improve our knowledge and practices to the benefit of the children. Our ultimate goal is for our children to leave us and go on to Primary School as happy, healthy individuals who mix well with others, consider the feelings of others but are also able to stand up for what they believe in. In 2023 we were inspected by Ofsted and were given a rating of “Good” which we were very pleased with. We also regularly receive positive feedback from parents and currently have a waiting list of children hoping for places as we are currently full. We are funded mostly by Early Years government funding which we claim via Devon County Council with whom we have a providers agreement, and claim hours for eligible children both through Universal funding for 3 and 4 years olds, targeted funding for 2 years olds and working entitlements for all early years children. We also charge directly for children who attend more hours than they are entitled to claim under funding, and hours outside of our funding period. We carry out some fundraising locally eg at school fetes and through local supermarket fundraising schemes, as well as selling branded uniform items for children at a small profit - these are not compulsory for parents to buy. Most of our costs are for staff salaries. We employ a team of highly motivated and qualified Early Years practitioners, including an EY Room Manager/SENCo and Deputy, as well as a Finance and Business Manager. We also take on apprentices and work experience students. We have no debts but keep a reserve both for redundancy of £9k and emergency funds of £7k to cover us in the short term in the case of unforeseen emergencies. Our accounts are checked annually by a local chartered accountancy firm. October 2024 DRA ONFLIES PRES HOOL CIO ACCOUNTS FOR THE YEAR ENDED I DECEMBER 202 TO THE TRUSTEES OF DRAGONFLIES PRESCHOOL CIO I report on the occounls of the Orogonflies, f¢( Ihe yo¢r ended 31 D¢¢ombw 2023. wlich ore set ovl on txJge$ 2 to 3. PECMVE The chorifO5 Iruslees are reSpon￿b58 fLK tho prepaialion of the accwnt5. The charivs tru51e￿ cOn￿d￿r thol an ￿di1 is not required lor Ihis yeor (under secllon 144121 of th8 Chari1185 Act 2011 (the 2011 Actl and that on independent ex0minol1c￿ is required. 11 is my fesponsibilily lo exomine the accounts (under ieclK)n 145 01 Ihe 2011 Act).. lo follow Ihe procedvres loid down in the general directions given by the Chority Commissioners (under SeCt￿n 145151 Ibl ol the 2011 A¢ll.' ond to stole whether porlicular matters have come to my atlention. NDENT REP My exominalion was carried out in occoidonce wth the Generol Directions given by the Charity Commis%oners. An exominolion includes o review of Ihe accounting records kept by the charity and a comporison of th& accounls presented with Ihose reciyds. 11 olso includes con5iderolion of ony unv5ual items 01 di5closureg in the occounls, ond seeking explanations fvom you as ItU51ees concerning any 5vch mollers. The Droceduies undertaken do not yovide all the evKlence that vrfould be required in on ovdit, and consequ&nlly. no opinion 15 givgn os to whether the accc¥Jnls yesent o'lnje ond folr vievl, ond Ihè port is limited lo those malter5 set out w) the slolemenl below. ENDENI EXAMIN In connection wilh my examinatton. no molter has come to my ottention.. l. Which gives me reosonoble couse lo believe that in any malerial respect the requiremenls.. - to keep accounting recoicls in occordonce wilh sectK)n 130 of the 2011 Act.. and to prepore occounls which accord wilh the OCCOLX)ling iecordg and to comply with Ihe occountSng requirements of Ihe 2011 Act. have ncit been met,. or 2. To which. In my opiThon. attention should be drawn in order lo enoble a Eyoper vnderslondlng ol Ihe accounts to be reached. TCAS Llmlled Charteied Certhd Accounttsnts 2 Vlctorfo Hall Coombe lane Axmlnster Devon EX13 SAX ,,/,I,. DRAG NFLIES PRESCHOOL CIO INCOME & EXPENDITURE NT R THE YEAR ENDED I DECEMBER 202 2022 INCOME DCC EYFS Fees Fundraising Grants Inlerest Received Uniform Soles 95079 19364 259 3000 99776 20455 573 62 90 120956 263 117969 EXPENDITURE Woges Pensions Rent Equipment & Toys Consumables & Resources T-shirtslunilorm Insurance Troining Expenses Prole55ionol Costs Repair Cosls Telephone Sundry Expenses Cleaning Websitelsoftware Costs Stationery & Poslage Depreciation Subscription & Membership5 Stock Decrease 71012 3439 93033 5840 912 3599 678 960 1227 457 2679 435 262 726 4114 453 1289 187 499 84 398 287 143 1916 36 1020 199 1634 91 1185 397 94078 115335 23891 RPLUS DEFECIT FOR THE YEAR 5621 Approved by the committee and signed on ils behalf by: Chalrman.. Treasurer LA6CH I I II, DRAGONFLIES PRESCHOOL CIO BALAN HEET FOR EMBER 2 02 2023 IXED A 6802 5782 URRENT ASSETS Closing Stock Bonk Current Accounl Redundancy Account Deposit Account Cash in Hand 204 76654 9000 7004 47 92909 204 82875 9000 7066 47 99192 CURRENT LIABILITIES Credilors 1372 1014 RRENT A SET 91537 98178 TAL NET ASSErs 98339 103960 REPRESENTED BY: Capital Account @ l January 2023 ILossl/Protit for the Year 74448 23891 98339 98339 5621 103960 DRA ONFLIES PRES HOOL CIO ACCOUNTS FOR THE YEAR ENDED I DECEMBER 202 TO THE TRUSTEES OF DRAGONFLIES PRESCHOOL CIO I report on the occounls of the Orogonflies, f¢( Ihe yo¢r ended 31 D¢¢ombw 2023. wlich ore set ovl on txJge$ 2 to 3. PECMVE The chorifO5 Iruslees are reSpon￿b58 fLK tho prepaialion of the accwnt5. The charivs tru51e￿ cOn￿d￿r thol an ￿di1 is not required lor Ihis yeor (under secllon 144121 of th8 Chari1185 Act 2011 (the 2011 Actl and that on independent ex0minol1c￿ is required. 11 is my fesponsibilily lo exomine the accounts (under ieclK)n 145 01 Ihe 2011 Act).. lo follow Ihe procedvres loid down in the general directions given by the Chority Commissioners (under SeCt￿n 145151 Ibl ol the 2011 A¢ll.' ond to stole whether porlicular matters have come to my atlention. NDENT REP My exominalion was carried out in occoidonce wth the Generol Directions given by the Charity Commis%oners. An exominolion includes o review of Ihe accounting records kept by the charity and a comporison of th& accounls presented with Ihose reciyds. 11 olso includes con5iderolion of ony unv5ual items 01 di5closureg in the occounls, ond seeking explanations fvom you as ItU51ees concerning any 5vch mollers. The Droceduies undertaken do not yovide all the evKlence that vrfould be required in on ovdit, and consequ&nlly. no opinion 15 givgn os to whether the accc¥Jnls yesent o'lnje ond folr vievl, ond Ihè port is limited lo those malter5 set out w) the slolemenl below. ENDENI EXAMIN In connection wilh my examinatton. no molter has come to my ottention.. l. Which gives me reosonoble couse lo believe that in any malerial respect the requiremenls.. - to keep accounting recoicls in occordonce wilh sectK)n 130 of the 2011 Act.. and to prepore occounls which accord wilh the OCCOLX)ling iecordg and to comply with Ihe occountSng requirements of Ihe 2011 Act. have ncit been met,. or 2. To which. In my opiThon. attention should be drawn in order lo enoble a Eyoper vnderslondlng ol Ihe accounts to be reached. TCAS Llmlled Charteied Certhd Accounttsnts 2 Vlctorfo Hall Coombe lane Axmlnster Devon EX13 SAX ,,/,I,. DRAG NFLIES PRESCHOOL CIO INCOME & EXPENDITURE NT R THE YEAR ENDED I DECEMBER 202 2022 INCOME DCC EYFS Fees Fundraising Grants Inlerest Received Uniform Soles 95079 19364 259 3000 99776 20455 573 62 90 120956 263 117969 EXPENDITURE Woges Pensions Rent Equipment & Toys Consumables & Resources T-shirtslunilorm Insurance Troining Expenses Prole55ionol Costs Repair Cosls Telephone Sundry Expenses Cleaning Websitelsoftware Costs Stationery & Poslage Depreciation Subscription & Membership5 Stock Decrease 71012 3439 93033 5840 912 3599 678 960 1227 457 2679 435 262 726 4114 453 1289 187 499 84 398 287 143 1916 36 1020 199 1634 91 1185 397 94078 115335 23891 RPLUS DEFECIT FOR THE YEAR 5621 Approved by the committee and signed on ils behalf by: Chalrman.. Treasurer LA6CH I I II, DRAGONFLIES PRESCHOOL CIO BALAN HEET FOR EMBER 2 02 2023 IXED A 6802 5782 URRENT ASSETS Closing Stock Bonk Current Accounl Redundancy Account Deposit Account Cash in Hand 204 76654 9000 7004 47 92909 204 82875 9000 7066 47 99192 CURRENT LIABILITIES Credilors 1372 1014 RRENT A SET 91537 98178 TAL NET ASSErs 98339 103960 REPRESENTED BY: Capital Account @ l January 2023 ILossl/Protit for the Year 74448 23891 98339 98339 5621 103960