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2021-07-31-accounts

Names ofthe chari ty trustees who ma nage the charity
Trustee name Office (ifany) Dates acted ifnot forwhole
year
Name ofperson (or body)
entitled to appoint trustee (if
an
Mark Lickess Chairperson
Rachael Colman Secretary from 14 October 2020
Patricia' Mahon Treasurer from 14 October2020
Alison Blackery Manager
Ashleigh
Chapman
Emma Taylor from 14'" October 2020
Chloe Carrington Secretary to 14"October 2020
Gathic Watkins to 22"' April 2021
John Watkins to 14w October 2020
10 Vicki Stoddart to 14'" October 2020
Names ofthe trustees for the charity, ifany, (for example, any custodian trustees)
Dates acted ifnot for whole ear

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This was another
unusual
year which saw First Steps, like so many
charities and businesses,
significantly
impacted
by the coronavirus
(Covid-19) pandemic.
COVID-19 —In September 2020, we re-opened
with our full capacity of
32 children,
but implemented
various safety measures
which included
rigorous cleaning,
staggered
drop off and pick up times, and the removal
of certain toys and soft furnishings
that could not easily be cleaned.
From January 2021, schools were closed with the introduction
of national
lockdown,
but early years settings were permitted
to remain open.
The
furlough
scheme was used for employees
who were unable to work for
health reasons,
with other staff working
additional
hours to provide cover.
Lateral flow tests were made available to staff and twice weekly testing
was encouraged.
We had a number
ofstaff members
who tested
positive during the year, including
four cases in November
2020, which
resulted
in the setting
being closed for two weeks.
As an additional
safety measure,
an external
company was engaged to perform a deep
clean during
this closure.
The government's
Coronavirus
Statutory Sick Pay Rebate scheme was
used where possible to recover some salary costs for staff members
who
were obliged to isolate.
Our Covid-19 policy, contingency
plan and risk assessments
were
updated
regularly
throughout
the year.
Staffing and Training —Itwas another busy and unusual
year at.First
Steps. We experienced
high levels ofstaff sickness,
mostly Covid-19
related absences.
A total of3staff members
were furloughed
at various times between
November
2020 and April 2021.
During this year a decision was made to stop using bank staff, although
contracts were continued
until 27August 2021 and one.of our bank staff
became a member ofthe permanent
staff team.
One of our staff members
completed
her Level 3Childcare
qualification
in May 2021 and another employee
began a Level 3apprenticeship.
We
also had two students
undertaking
a college placement
with us for two
days a week, one ofwhom finished
in April 2021 after accepting
an offer
of employment
at another setting.
This year the majority of training was conducted
remotely,
rather than
in
person.
Nevertheless,
we kept up-to-date
with all mandatory
training
online and used our weekly staff meetings to provide in-house
training as
appropriate.
Any areas ofweakness
identified
were followed
up through
additional
sharing
of information
from the management
team, arranging
external training,
or supervision
meetings.
Outings —Unfortunately
we were unable to enjoy our usual outings due
to lockdown
and Covid-19 restrictions.
We look forward to a time when
we can get back to making
visits and taking the children
out into the local
communit,
which we believe reall
enhances
their learnin
experience.
During this financial
year, we signed a new rental agreement
with The
Old School Hall, moving
from termly to quarterly
rent payments,
which
should
provide greater consistency
in both our cash flow and theirs.
Fundraising
—We were unable to carry out many of our normal
fundraising
activities this year due to the pandemic,
and some events
that
were organised
sadly had to be cancelled
in light ofCovid-19 restrictions.
However,
the events that went ahead were very profitable,
particularly
the Christmas
Fayre in. November
and a Summer
raffle and garage sale.
We are grateful to all the staff and Committee
members
who helped
with
the organisation
and manning
ofthese events, and to the parents
and
local community
who supported
them.
Our event income was supplemented
by other fundraising
initiatives,
.
including
the sale of uniform
items embroidered
with our First Steps logo.
During the year we also received donations
from a number of local
organisations,
including
BOCA (Barlestone &Osbaston
Community
Association)
and Central
England
Co-op, which were greatly appreciated.
lloving
forward —Looking ahead to the next year, we hope to continue
to build our charity.
We aim to keep enhancing
the setting
by implementing
new ideas and
activities, to include
learning
walks around the village, along with stay
and play sessions to involve parents
and carers, when we are able to
do
this safely.
We intend to evaluate
how we can improve our service in line with Ofsted
requirements
and set up a' revised
improvement
plan.
We will continue to support
staff in their professional
development
by
using peer and paired observations
and regular supervision
meetings.
We hope this will further enhance the quality of provision at First Steps so
that we can offer the best possible learning
environment
for all the
children.
We look forward to resuming
many of our usual fundraising
activities
in
the coming months as Covid-19 restrictions
are lifted.
We will continue to publicise
First Steps in the immediate
and
surrounding
areas and focus on keeping
staffing
levels as low as
possible,
without
compromising
the quality ofcare, to help minimise
our
outgoings.
Brief statement
ofthe
charity's
policy on reserves
Our policy is to hold a minimum
ofEt0,000 reserve to ensure sufficient
funds are available at any time to pay for costs in arrears,
namely wages,
payroll taxes and rent.
During this financial year we were able to increase our level ofreserves
to F16,000, thanks to the discretionary
grant received from Hinckley 8
Bosworth Borough Council.
Our aim is to further increase our reserves to
between
K20,000 and F25,000as our financial
position improves.
At the end ofthis year, we also held L1,142of restricted funds that are to
be used specifically for improving
the outdoor space.
Details ofany funds materially Not applicable
Further financial
review details
(Optional
information)
You may choose to include
additional
information,
where
relevant about
Our main source of income is session fees received
via the Free Early
Education
Entitlement
(FEEE)scheme
from Lei'cestershire
County
~
the charity's
principal
sources offunds
(including
Council (for funded sessions).
Where children are not eligible for this
funding,
the session fees are funded
by parents Icarers.
any fundraising); We do not have any investments.
~
how expenditure
has
supported
the key objectives
Any surplus
funds at the end ofthe year are used
in part to continue
ofthe charity; building
our reserves to a more robust level and in part carried forward to
~
investment
policy and
objectives
including
any
ethical investment
policy
pay towards costs in the following
year, including
essential
staff training
and wage increases to ensure that the overall staff package remains
sufficiently
competitive
to retain employees.
adopted.

First Steps Playgroup 1167009
Recei ts and pa ments accounts CC&ea
Forthe period
from
01/08/2020 To 31/07/2021
'
-
~ ~ e ~
Unrestricted
funds
Restricted
funds
,Endowment
funds
Total funds Last year
to nearest f to nearest 5 to nearest 6 to nearest 8 to neamst 8
A1 Receipts
Donations 341 733
Parents
/ Cnrers'
Fees 29,362 29,362 18,671
Government Funded Fees 77,473 77,473 91,522
Fvndrnising 2,530 2,530 1,420
Grants 13,924 13,924 4,436
Event income 227
Other receipts 22
Sub(Gross income for ARj 123,635 123,635 117,031
A2 Asset and investment sales, (see table)
Sub
Total receiPts 123,635 - - 123,635 117,031
A3 Payments
Fundraising Costs 337 337 314
Salaries & NIC 110,097 110,097 98,565
Premises Costs 8,749 21 8,770 7,692
Consumables &Equipment 1,912 1,912 1,416
Catering 1,532 1,532 878
Office Expenses 3,590 2,976
Event Costs 138 138 95
Staff Training eic 546 669
Insurance 723 723 717
Other Expenses 636 636 1,175
Sub 128,260 21 128,281 114,497
A4 Asset and investment purchases, (see table)
Sub
Total payments 128,260 21 - 128281 114497
Net ofreceiptsl(payments) 4,625 4,546 2,534
A5 Transfers between funds
A6 Cash funds last year end 45,151 1,163 46,314 43,780
Cash funds this year end 40,526 1,142 41,668 46,314
~ ~ ~ ~ c ~ e ~ ~ ~
Unrestricted Restricted Endowment
Categories Details funds funds funds
to ueareet 6 to nearest 6 to nearest 6
81Cash funds Bank 40,426 1,142
Cash 100
Miscellaneous debtors rcreditors
Total cash funds 40,526 1;l42
.16
Unrestricted Restricted Endowment
funds funds funds
Details to nearest 6 to nearest f to nearest 6
82 Other monetary assets
Fund towhich . Current value
Details asset helen e m o
tonal
83Investment assets
Details
84Assets retained for the charity's
own use
Fund towhich Amount due When due
Details aebili
relates
o tional . o
tonal
85Liabiiities
Signed by one or
the trustees
two trustees on behalf of all Signatur Print Name Date of
approval
Chair M S Lickess