## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 01 September 2022 **To** 31 August 2023 ## Section A Reference and administration details ## **Charity name Potten End Pre-School Association** **Other names charity is known by** **Registered charity number (if any)** 1168430 **Charity's principal address** The June Farmery Building Water End Road, Potten End Berkhamsted, Hertfordshire **Postcode** HP4 2QW ## **Names of the charity trustees who manage the charity** Do cu m en t Cl as sifi ca tio n: Int er na l Us e - Tr us te d Pa rti **TAR** es |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Steven Haydon|Treasurer|Re-Appointed at GCM 07/12/22|| ||Tom Gough|Chair|Re-Appointed at AGM 07/12/22|| ||Nykkol Phillips||Re-Appointed at AGM 07/12/22|| ||Sarah Dalton|Pre School Manager|Appointed 08/07/22|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| March **2012** 1 ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document - (eg. trust deed, constitution) > [Constitution] How the charity is constituted[Charitable Incorporated Organisation (CIO)] - (eg. trust, association, company) Trustee selection methods - (eg. appointed by, elected by)[Elected by Trustees at any time, or by Members at a General Meeting] ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: N/A - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** The charity works for the public benefit having as its objects the development and education of children and young people in particular by: Do > cu **Summary of the objects of the** > m **charity set out in its governing** > en **document** t Cl as sifi 1. promoting their care and safety 2. promoting their education and promoting parental involvement 3. promoting their health and wellbeing 4. providing services to support them and their families and carers 5. providing services to individuals holding membership of the CIO and 6. furthering the aims of the Pre-school Learning Alliance ca tio n: Int er na l Us e - Tr us te d Pa rti **TAR** es March **2012** 2 - The development and education of children and young people in particular by: 1. promoting their care and safety 2. promoting their education and promoting parental involvement - **Summary of the main activities** 3. promoting their health and wellbeing - **undertaken for the public** 4. providing services to support them and their families and carers - **benefit in relation to these** 5. providing services to individuals holding membership of the CIO - **objects (include within this** and - **section the statutory** 6. furthering the aims of the Pre-school Learning Alliance - **declaration that trustees have had regard to the guidance** In considering these activities the **trustees have had regard to the** - **issued by the Charity guidance issued by the charity commission on public benefit.** - **Commission on public benefit)** ## **Additional details of objectives and activities (Optional information)** N/A You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. Do cu m en t Cl as sifi ca tio n: Int er na l Us e - Tr us te d Pa rti **TAR** es March **2012** 3 Section D Achievements and performance ## **Trustees of Potten End Pre-School Association Annual Report for the period 1[st] September 2022 to 31[st] August 2023** We’ve had some good developments and changes to the school in the last year. Firstly in relation to staffing, we’ve had some good recruitment and strengthening of our team, with 4 new employees joining the staff following some staff turnover in the last year. They’ve all settled excellently into the team and gives the school good stability and consistency moving forward. We’ve made some good improvements to the school facilities, with replacement of the fencing and the complete renovation of the garden area. This is now a much more usable and attractive space, all thanks to the wonderful fundraising in Gaynor’s memory. We face a challenging landscape with changes to childcare funding and the fact that rate increases for funded spaces of our usual cohort are no longer the focus for local government, along with increased running costs due to inflation. The focus of the Pre-school has always been to provide high quality, affordable childcare and so there has historically been a reliance on grants and fundraising. Grant application criteria has become stricter and with a bare trustee team we are more limited in fundraising that can be done. All current Trustees are now looking to handover roles at the end of 2024, following 4 years of committee positions. There has unfortunately been very little to no interest from parents in previous years in taking positions. Due to the commitments of the current trustees outside of their pre-school roles, we are unable to provide support beyond essential services. Hopefully throughout the year there will be interest in people joining the committee and a handover to a new parent committee at the end of the year. ## **Tom Gough Committee Chair** ## **Pre-School Manager’s Report** The school year has been a busy one and one in which we have seen changes in regards to staffing, as well as families requirements. Our main challenges this year have been staffing and recruitment. This has not been exclusive to just us as a setting but significantly within early years. This has meant a strain on the team to cover and push through the best way we can. After a period of time, we have recruited 2 new members of staff, both Level 3 qualified: Kellie Nokes and Katie Stevenson. Two further staff left in the summer term requiring us to recruit further. We employed Helen Rowe, level 2 qualified who joined us towards the end of summer term and Dawn Hopps, level 3 qualified who will be joining us in the September term. We continue to be positive about the team moving forward. Do cuWe continue to see lots of interest in the pre-school from families and have welcomed new children throughout the year. mAs we entered a new year, our staff team were supporting each other as children’s numbers continued to grow. As a enresult of this, staffing was a challenge at times. Both Kay and I covered to help as much as possible and it’s a credit to the t team that we were able to get through, working together under such circumstances. It has been a busy year. Cl asThis year we decided to update the garden portion of the playground into a more usable and visually appealing area. This sifimeans we are able to really utilise the space and use it more frequently to offer a rich learning environment and quiet caspace too. We also had new fencing erected which makes a huge difference to the overall look of the outside space. tio n: We continue to have our celebrations/festivities but in a slightly new way; inviting parents for a play session and get Inttogether rather than a nativity. Families continue to support and help where needed but finding members to join the ercommittee is still proving difficult. na l We continue to balance the intake of children to ensure that we have enough 2 year old children into the autumn term as Uswe lose the UPS children in September. As more children attend using 30 hours funding, this limits the amount of spaces e -available to offer families, effectively reducing our overall number of families, which entail effects fundraising capabilities. Tr usIt has been a difficult year; we continue to strive to provide the best care and learning opportunities, despite the techallenges. Our focus remains on this and for the team to gel and remain a strong unit. d Pa rti **TAR** es March **2012** 4 **Sarah Dalton Pre-School Manager** ## **Section E Financial review** **Brief statement of the** The charity keeps sufficient reserves to fund the orderly closure of the **charity’s policy on reserves** Pre-School in the event its ongoing operation ceases to remain financially viable. **Details of any funds materially** N/A. **in deficit** ## **Treasurers Report For the period 1[st] September 2022 – 31[st] August 2023** The Pre-School has - a Main fund which is used for collection of fees and to pay salaries and ongoing running costs; and - a Deposit fund which holds all surplus cash which is reviewed regularly with transfers made in and out of the main fund to ensure sufficient funds are available for day to day operations. Interest is earned on the deposit fund. ## **Main Fund** For the year ending 31 August 2023 the Main fund opened with a balance of **£36,342** and closing balance of **£10,595** , this represents a net reduction in funds of **£25,747.** £25,000 was transferred to the Deposit account to allow interest to be earned on these funds. The main account closed with a balance of **£10,595.** ## **Deposit Fund** For the year ending 31 August 2023 the Deposit fund opened with a balance of **£24,459** and increased by £28,731. Do£25,000 was transferred in from the main account. cu m Fundraising income totaled £3,617, a reduction of £1,466 from prior year. The Deposit account closed with a balance en of **£53,190.** t ## Cl **Overall Financial performance** as sifiThe Pre School children numbers for the final term reduced from 37 to 29, the number of weekly sessions provided ca decreased from 216 to 195. The school operated throughout the year 1 less staff member than budgeted, tio n: Fee income overall was £117,169, compared to £111,244 for the prior representing an increase of £5,925. The Intincreased income was a combination of increased sessions over the year (although final term numbers were down er Autumn & Spring terms were higher than last year) as well as an increase in funding rates and price increases applied na to private fees. Total income was £121,497, compared to £123,860 in prior year, represents a decrease of £2,363 in l year, prior year incomes were higher than normal due to higher fundraising incomes as well as Grant incomes received Us in prior year. We made a grant application this year which was unfortunately rejected. e - Tr We were impacted by the National Living Wage increases & National Insurance contribution increases, Staffing levels us were the same as prior year for the majority of the year (1 below budgeted) however we have ended the year with te appointments which give us full staffing quota going into FY24 All of these factors resulted in increased salary costs. d Staff costs for the year were £102,109, compared to £99,700 for the prior year, an increase of £2,409. Pa rti **TAR** es March **2012** 5 Total expenditure was £118,283 compared to £117,373 for the prior year, an increase of £910. Expenditure was low this year as fencing works were carried out over the summer but not completed and paid until September. These costs of £2,850 have therefore been incurred in FY25. It was agreed to keep project expenditure to a minimum due to the lack of grant support as well as the financial pressures incurred from high inflation. The accounts will been submitted to Streets Chartered Accountants for Independent Examination subject to AGM approval. ## **Steven Haydon Treasurer** ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** Do cu m en t Cl as sifi ca tio n: Int er na l Us e - Tr us te d Pa rti **TAR** es **----- Start of picture text -----**
Signature(s)
Tom Gough Steve Haydon
Full name(s)
Position (e.g., Secretary, Chair Treasurer
Chair, etc)
Date
05/02/24
**----- End of picture text -----**
March **2012** 6 CHARITY COMMISSION FOR ENGLAND AND WALES IA0in S¢reet C(thmunltyChurch 1182138 Receipts and payments accounts CC16a For tM period from 1stJune 2tr22 31st May 2023 To Section A Receipts and payments un￿s1￿Cted lund5 Reslricted funds Endowmenl funds Total lund# Al R•e•ipts Donatlons, Legacies and othgr 5Sm48r r8calpt4 Operating fvrthwChDit•% Sub tot•lfGnss incorn for AR) nv• see table Sub tot•1 Totel rnc•lpt* 72.888 72.880 A3 Paymonlg Charrt&ble p•ym•nt•- ch•rfl•b Charrtabl• p•ymfjrth- rn•Mgem8nt ond èdmlnl&lr4tion Sub tot•1 A4 Asset •nd Inv••tm•nt purchases.lgee tsbl•l Sub tot•1 66,977 Jét OIr•¢￿￿(paYfflwts} AS Transfers ￿tW￿n fund$ A6 Cash funds last y•ar •nd Cash funds thls yeer end 5,909 fj0,980 88.895 88.857 Section B Statement of assets and liabilities at the end of the period Unrtstricted Restricted lunds tov**r•*£ Endowment funds ton••r4¥t£ 81 Cash funds 15.7>] 71,137 Tolal cash funds 86W7 c¢￿ R1 accovnts ISS 24101r2￿24 Section B Statement of assets and liabilities at the end of the period Unrestrictsd funds to r*ar•6t£ 15.720 Restricted funds Endowmont funds Categories to nèarèttÉ to neare61 £ B1 Cash funds Balar￿ in C￿￿ent Acwjnt Balance In Deposrt 71.137 Totsl cash funds 86,857 Unrn8trlct•d funds R•strfctgd fund• Endowment funds Details to whl¢h Curr•nt v*lv• lon•1 Dotalls Fund t¢T*hl ¢urr•nt V41u• lon•1 Details C<>•t loptlon*ll 84 A880ts retalnod for the chartty's own use ueiaiis B5 Llabllities Si9n•d by one ortsw) In￿le6S on h￿f tsf all the trustees Date of roval Signature Print Name CCXX R18ccount$ {SSI 410112024 Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustéesl mombors of Main Street Community Church On accounts for the year ended 31° May 2023 Charity no (If anyl 1182138 Sot out on pages CC16a pages 1 a￿1 2 Respectfve The thanvs tnjstees are responsible for the preparation of the accounts. responsibilities of The chanty's trustees oy)nsider that an audit is not required for this year trustses and •xamlnor under section 144 of the CharTti'es Act 2011 (the Charities Act) and that an independent examin*'on is needed. It is my responsibility to.. examine the accounts under section 145 of the Charits'es Act, to follow the procedures laid down in the general DIre￿.On8 given by the Charity Commission (under section 145(5)(b) of the Charrties Act, and to state whether pa￿Cular matters have come to my attention. Basls of Indepandént My examinalion was carried out in accordance with general Directions givan examlnerfs statement by the Charity Commission. An examination includes a review ofthe accounting records kept by the charity and a comparison of the accounts presented wtth those records. It also indudes consideratlon of any unusual items or dis¢losures in the w)unts, and seeking explanations from the trustees concerning any such matters. The prccedures undertaken do not prowde all the emdence that would be required in an audit, and consequerfy no opinion is given as to whether the accounts present a 'true and fail wew and the report is limited to those matters set out in the statement bel(p*. Independent In connection with my examin&"on. no matter has a)me to my attention examinerfs statement lothep1￿l￿4lsClO8edkn") 1. which gives me reasonable cause to believe that in, any material respect, the requirements.. to keep accounting records in actordance wrih section 130 of the Charrties Ad; and to prepare accr*unts which acc¥)rd wtth the accounting records and Com￿Y wrth the xcounting requirements of the ChaTTlies Act have not been met., or 2. to which, in my ownion, attention should be drawn in order to enable proper understanding of the accounts to be reached. . Please delete the worfs in the br8d(ets rfthey do not apply. Signed: ICe..* Date: / i Name: Relevant professlonal qualificationls) or body (If any): IER March 2012 Address: SeGtion B Disclosure Only complete rf the examiner n*Js to htghlight malenal problems. Glvo here brief detalls ofany ttems that the •xamlner wlshes to dlscloso. IER March 2012