SCALLYWAGS PARENT PARTNERSHIP NURSERY Mowlem Children's Centre, Wadeson Street, London E2 9DL Registered Charity No. 1161965 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 Scallywags Parent Partnership Nursery is a Charitable Incorporated Organisation governed by a constitution adopted on 3 March 2015. Our purpose is to advance the development and education of children under statutory school age in east London by- providing affordable, non-profit making childcare with parents actively involved in the running of the setting., providing a safe and stimulating environment in which to learn., and providing parents and carers with opportunities to be involved in the development of their children, and learn best practice parenting skills through working with qualified childcare professionals and other parents. Trustees The following served as trustees throughout the financial year.. Kate Gould {Chairman} Anna Jones Joy Jones (Secretary) Gillian Young (Treasurer) Trustees are appointed for a term of three years by resolution of the exisling Trustees. Activities Scallywags provides sessional care for up to 20 children per session from 9.00 a.m. to 1.30 p.m. Monday to Friday during school term time. We have extended days until 3.00 p.m. three times a week to help working parents. Parents and carers of attending children are closely involved in the day to day running of the nursery. Parents work shifts in the setting on a rota basis alongside qualified staff. our families come from a diverse range of cultures and offer a rich variety of life experiences for the children to gain from. We currently support several Children who speak English as an additional language or who have additional needs. In planning our activities we have kept in mind the Charity Commission's guidan on public benefit. We are committed to inclusion and offer opportunities for all parents and children whatever their race, culture, religion, means or ability, including those with additional needs. Revlew of the Year During the year the nursery continued to transition from Covid-19 procedures with reduced parent shifts, to increasing involvement of parents in the day to day running of the nursery. The children continued to enjoy a range of activities including celebrating different cultural Celebrations and traditions, growing fruit and vegetables in Ihe nursery garden and Capoeira sessions.
Parents were given training on the Statutory Framework for Early Years Foundation Slage through in-house induction sessions and shadow shifts on joining the setting, and guidance from key staff while working in the setting. We continued to provide places for government funded 2, 3 and 4-year-olds working closely with Tower Hamlets Eady Years in offering quality provision for a range of needs. We also provide the 30 hours entitlement for 34 year olds for working parents and from April 2024 the 15 hours entitlement for 2-year olds for working parents. Finance Scallywags, accounts are ppared on a reiptS and payments basis. The Nursery had a surplus forthe year of£15,738. This would have been a deficit due to a steep reduction in income but money sel aside for rent liability on our previous premises was released as il had been accrued more than six years ago. Our main sources of income are monthly fees and Nursery Education Fund funding and both ofthese are affected by the mix in ages of children in the nursery. Atthe end ofthe summer term a large cohort of children left to start primary school and younger children started in September in staggered starts to facilitate integration which affecied Ihe level of NEF funding and fees. Reserves Policy Scallywags holds cash at bank which are unrestricted funds. We aim lo have enough reserves to over three months of operating costs and closure costs. On behalf of the Trustees G. E. YOUNG Treasurer 25 June 2024
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Sectlon A Independent Examiner's Rbport Report to the trusteesl members of Scallywags PanI Partnership Nursery On accounts for the year ended 31 March 2024 Charity no (if any) 1161965 Set out on pages I report to the trustees on my examinatson of the accounts of the above charity I'the Trusl") for the year ended 3110312024. Responsibillties and As the charity trustees of the Trugt, YOU are responsible for the preparation basis of report of the accounts in a¢¢ordance with the requirements of the Charities Act 2011 {"Ihe Act"). I report in respect of my examination of the Trust's accounts carried out 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 14515){bl of the Act. I have completed my examination. I confirm Ihat no material mallefs have come to my attention in conneclion with the examination which give5 me cause to believe that in any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not a¢¢ord with the accounting records Independent examlnerfs statement I have no concerns 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 tho wor(Js in the bTrckets rf they do not 8ppIy. Signed: Date: 0910612024 Name: LAURA CUSICK Relevant professional qualification{s) or body lif any): INSTITUTE OF CHARTERED ACCOUNTANTS ENGLAND AND WALES IICAEWI Address: 29 LEWES ROAD LONDON N129NH Section B Disclosure Only complete if the examin8r negds to highlight matters of concern (see CC32, Independent examination of charity accounts-. directions and guidance for examiners IER October 2018
Scallywags Parent Partnership Nursery Financial Activities April 2023 - March 2024 Tot81 Apt 2023- Mar 2024 Apr 2022_ Mar 2023 IPY) Incornv Donatlon8 203.30 200.00 Fundralslng Inclusth Fundlny 650 0.00 1,600 00 3.450.00 Monthly Fees t4urs•ry Edu¢aUon Fundln9 SEN Fundithg Twlight Club Unappiied Gatsh payment In¢omo 17.68S.51 2S.E30.26 60.867.20 7e,191 94 5.773.23 4,200.29 11,981.58 57.50 242 50 Total Incom• 91.223.53 £ 117,836.28 Total 91,223.53 £ 117A36.28 expgndl¢thr Accoun¢an¢y Broadband chgryes 523.80 420 561.60 61939 Chlldron'6 Actfvity Comput&rand ITCosts D8S Check 1,3D2 e3 1.237.38 2W.00 0.00 186.46 e229 [9¥ and Sub$¢riptionB ICO Subs¢rSptkin 74.88 35.00 35.00 Inclus6on Expendrture 1198 1.156.88 Itl8urnncè8 S73.45 534.58 OfficelGpneTrl Adminb8tratiYo E¥pen$e# 09 59.99 otsted 5ubKrfption 35.00 35.00 Paront Support Parklng PAyroll Expenswa Penslon 14,981.25 14,100.55 2.087.42 1,932 80 1,959.85 1.49918 Taxe¥ 127.31 -66.48 72,SgB 67.790.77 Total Pyyroll Expn$èg Ptiting, Post&ge aNJ Statlonery RatO8 74.68e.28 £ 69.223.47 368 7$ $07.70 2.219 70 2.m 20 Rant .745 20 6,745.20 Repairs and ¥8int•rton¢tr SeIce charye Supplles and EquSpment Tt•inirtg Twlllght Suppc*t Total Expendltures Net OpEt4ting Inc<rtne Othtrr In¢orn• 1.773.22 79849 6.000. s,000 00 2.84191 2,886 93 18Q.20 2,D86.CM) 2.977.20 117,S13.70 £ 111,436.81 6,399.47 25,29D.17 £ Rent Liatmlttywiite 8a Total Otherlncorne 42.028.79 O.OD p 42,028.79 £ P4èt Othorlncom4 42,028.79 £ Net IncomellExpenditvr• 15.738.82 £ 6.399.47
Scallywags Parent Partnership Nursery Balance Sheet AS of March 31, 2024 Total As of Mar 31, 2024 As of Mar 31, 2023 IPYI Fixed A880t Totsl Fixed Asset Cash at bank and in hand BusiVO5$ Bank Account 113,579.47 134,305.34 Total Cash at bank and ITr hand 113.579.47 £ 134,305.34 Nat current 0959ts 113,579.47 £ 134,305.34 Crèditors.. amounts tslllng duo wtthln on? year Curront Liabilities DBposil Recelved 0¥orp8ld klonthly Fqes Payroll Lkbllltlss HMRC 1.100.00 1.300.00 9.10 -1.279.99 -1,048.61 Pension 383.83 379.05 Total Payroll Liabilitses Ront Liability sorvlce Charye Ilablllty Tax and Natlonal In5uf4nG• 896.16 669.56 9,200.00 51.228.79 18,800.00 10.800.00 0.00 000 Total Current Liabilities 26,203.84 £ 62.668.33 Totsl Creditors.. amounts f311ing wkhln ono year Net current assets Iliabiliti081 T¢>tal assets le88 curront liabilities 26,203.84 £ 87,375.63 £ 87,375.63 £ 62,668.33 71,631.01 71,637.01 Total not a$88ts (llablliti} 87.375.63 £ 71,637.01 Charity funds Oponlng 8alanc• Equlty Retalned EamirwJ$ SurplLtsIIDefieitl Totjl Charity fLtnd8 39.070.81 39.070.81 32,566.20 28,166.73 6.399.47 15,738.82 87,375.63 £ 71,637.01