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2023-08-31-accounts

Period start date Period end date 1st Sep 2022 31[st] Aug 2023 From To

Trustees' Annual Report for the period

Section A Reference and administration details

Charity name Wendens Ambo Pre School (CIO)

Other names charity is known by

Registered charity number (if any) 1161571

Charity's principal address Village Hall Royston Rd, Wendens Ambo Saffron Walden Postcode

CB11 4JX

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body)
entitled to appoint trustee (if
any)
Arran Boreham Chair (to 18 April 2023) 1 Sept 2022 to April 2023
Charlote Story
(Maloney)
Treasurer
Katherine Castor
AmyBoreham 1 Sept 2022 to April 2023
Jessica Millership 1 Sept 2022 to April 2023
Rachel Johnson 1 Sept 2022 to April 2023
Mark Perkins Chair (from 18 April 2023) 5 Sept 2022 to current

June 2018

TAR

1

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Model CIO Constitution for Childcare Providers

How the charity is constituted

Voluntary Management Committee

Trustee selection methods

Elected by members at AGM

Section C Objectives and activities

The aims of the Pre-School are to enhance the development and education of children primarily under statutory school age by:

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

As our charity’s aim is to provide early years education for pre-school children we are guided by OFSTED’s principles outlined in the EYFS

(Early Years Foundation Stage). Pre-schoolers learn best when they are engaged in meaningful activities and experiences; our Pre-School setting is arranged with play and learning stations as well as space for sharing and circle time, teacher led activities and quiet/reading time. The children are immersed in purposeful Summary of the main learning experiences and numerous opportunities are provided to help meet activities undertaken for the the children’s physical, emotional, social and intellectual needs. Playtime and public benefit in relation to sharing are essential as these enable children to learn from each other and the these objects (include within world around them. this section the statutory We always consider that each child develops at a different rate and strive to declaration that trustees have provide a setting that allows all children to feel successful in our safe, secure had regard to the guidance and supportive learning environment. issued by the Charity Commission on public We provide this opportunity for children in the local area aged between 2 and 5 benefit)

We provide this opportunity for children in the local area aged between 2 and 5 years old.

The trustees of the Pre-School are satisfied that they have complied with their duty to have due regard to the commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant.

Section D Achievements and performance

June 2018

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2

Section D Achievements and performance

Summary of the main The Pre-School has been fully subscribed in the current year, reflecting the good achievements of the charity standing and reputation the Pre-School has in the community and surrounding during the year area. As further explained below, even with rising wage and rent costs, the preschool has been able to continue operating at an exceptional level using its limited funds where necessary to ensure our children receive outstanding childcare and experiences.

Section E Financial review

The aim of the Pre-School’s reserves policy is to maintain sufficient reserves to Brief statement of the provide for redundancy and creditors in the unlikely event that the Pre-School charity’s policy on reserves has to close. Our current reserve (taking into account a healthy contingency) for this is £12,000. Finishing this year with a balance of £19,861 the trustees consider the pre-school to continue in a healthy position for the 2023/24 financial year. Any available funds over and above this are discussed at every committee meeting and reinvested where appropriate either through staff training or improving equipment and resources. Due to nearly £10,000 in increasing costs (mostly due to minimum wage and cost of living increases), this financial year did see the pre-school in a deficit of Details of any funds materially £4,494.39. This was after fundraising efforts that brought in £572 and grants of in deficit £7,282. The trustees are working to ensure that this financial year changes are made to ensure these increasing costs are matched by fundraising, fee increases and budget savings where possible.

Section G Declaration

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

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Positon (eg Secretary, Chair, etc)
Date
Mark Perkins Charlote Story
Chair, Wendens Ambo Pre-School
(CIO)Management Commitee
Treasurer
9thJanuary 2023

June 2018

TAR

3

Wendens Ambo Pre-School Accounts 2022 - 2023

From 1st September 2022 to 31st August 2023

Total
Receipts & Payments
Receipts £
Donatons/Commission £271.50
Grants £7,282.04
Fundraising £572.76
Funding £63,669.38
Deposits £1,558.38
Fees £17,691.34
Uniform £24.00
Other £14.00
Interest £0.00
Milk Refund £0.00
Parent Contributon to Trips £870.92
Transfer in £600.00
Total Receipts £92,554.32
Expenditure
Permanent Wages £71,718.66
Casual Wages £1,790.27
Pension £4,063.81
Statonery & Resources £1,246.95
Toys & Equipment £208.44
Entertainment & Gifs £214.87
Photo Printng £5.00
Health and Safety £69.01
Refreshments £1,143.79
Books £11.76
Fundraising Expenses £0.00
Advertsing £0.00
Rent £4,247.50
PAYE & NI £3,798.37
Stafng Cost £78.00
Uniforms £456.80
Training £582.95
Mileage £0.00
Administraton Fees & Subscript £4,872.55
Trips (Cost to pre school) £588.00
Grant Spending £227.83
Insurance £920.47
Milk £0.00
Parent Contributon to Trips £0.00
Transfer Out £600.00
Total Expenditure £96,845.03

Surplus I IDeficitl for period -£4,290.71