## Eaton Socon Pre-School Registered Charity No. 1169451 ## **A young persons dream** ## AGM Chairs Report Wednesday 8[th] November 2023 It’s amazing to find ourselves here again at the AGM with another productive year behind us. I’d like to express my thanks to Caroline, her deputies, and all members of staff in continuing to provide a high level of care and education to all children throughout the year. Towards the end of the Pandemic, we felt it important we acknowledged how dedicated the staff were during a difficult and tricky time and we created a half termly treat for staff which showed our appreciation, and where possible support local businesses in using them to provide our treats. In the past year I have heard of many preschools and nursery staff being unhappy, feeling unworthy and demoralised due to pay and lack of support from management. I feel honoured in saying we are not one of those settings. We have termly supervisions and an open door policy so staff know if they have any problems be it professionally or personal they will be listened to. We have also been able to continue to provide half term treats to all staff as a way of showing our appreciation to their time, effort, and work. Staff welfare is important to us. This last year saw us face issues regarding moral and ethical practice which made us question some of our activities. It provided many discussions, between Trustees, Caroline and staff about why we provide the activities we do and if we are right in doing so. We were grateful for the support of Local authority, local schools and 99% of parents believing in us and what we are doing. Therefore, allowing us to continue to provide a variety of enriching and stimulating experiences for our children. A big shift in change has become due to the massive cutbacks from all services that we can normally contact when help and/or support is needed for children and families. This has of course impacted preschools finances and time. We are the ‘front door’, the first and sometimes last port of call for parents, which can be demanding and challenging for the staff, but we would never turn anyone away. This was evident when analysing the parent questionnaire sent home in the summer term. Below is some of the feedback we received. Very friendly and always put time aside for parents concerns. Staff always have time and never in a rush. Always met with a cheerful “hello” – The staff knowing all the children’s names to say “Morning” and “Goodbye” is really telling of the friendly environment. It is easy to speak with our sons keyworker who has a great relationship with him. Staff listen to any concerns and are approachable. ## Someone is always available. Eaton Socon Pre-School CIO, 38a Queens Gardens, Eaton Socon, St. Neots PE19 8DN Tel: 01480 406 047 Mob: 07903 326 971 info@eatonsoconpre-school.co.uk www.eatonsoconpre-school.co.uk Formerly Eaton Socon Pre-School ## Eaton Socon Pre-School **A young persons dream** Registered Charity No. 1169451 We are mindful of challenging times regarding national economic changes with mortgages/rent and food prices increasing and fuel prices rising again, and we endeavour to support families as best we can which is a clear strength from us all at Eaton Socon Pre-school. As Trustees we continue to support Caroline and the Pre-school in providing the very best education, learning and interactive play experiences for our young people in a friendly and safe environment and as always look forward to the year ahead. Eaton Socon Pre-School CIO, 38a Queens Gardens, Eaton Socon, St. Neots PE19 8DN Tel: 01480 406 047 Mob: 07903 326 971 info@eatonsoconpre-school.co.uk www.eatonsoconpre-school.co.uk Formerly Eaton Socon Pre-School EATON SOCON PRE4CHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023 EATON SOCON PRE￿cHOoL FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31ST AUGUST2023 CONTENTS PAGE Incom8 and Exp8ndltur8 112 Balan¢e sheet AC￿Untant,S rerM)rt Notes EATON SOCON PRE￿HooL INCOME AND EXPENDITURE Accouifr YEAR ENDED 31 AUGUST 2023 2022 Incom Fees from parents 73.571 51.2e CCC FundirvJ 425,140 373,019 Sen Income Sen Expendiiure 48,639 1,056 44.441 47,583 ChHdren's' unlfonns Sales Costs 1.528 1.391 135 Snacks Donations 554 3,316 1947 (2,182) (2.7821 Fund R&swig Income ExpendSture 1,609 1.479 Trlps Income Expendbture 710 2173 <2,163) Donatlons 1.314 542249 472.028 DIr•￿ Costs Wag8s, Nat Ins & PensK)n 391,921 343.810 Gro8• 8urplu• 150.328 128.218 Interest ReceiWdt￿8 ( net ) 51 150,921 128,269 Exp•ndftur• 128.920 119,204 Surplus For Tho Year 22.001 9,065 Page1 of4 EATON SOCON PRE4CHOOL INCOME AND EXPENDITURE AccouKr YEAR ENDED 31 AUGUST 2023 Exp•nditur• 3,934 519 5.897 30.608 4.973 1.352 5.367 2,064 74 1,362 6.203 20.123 2.627 518 3,206 709 1.676 1.898 2.877 2,566 214 Water Light & Heal Property Malntenance Household & ClearNrvJ offi￿ & kitctr￿ Equlpment Staff Welfare 1.159 17.505 7,872 4973 4248 Travel & Sub$i$ten¢e Telephone Post & Statior Hay Equlpment and con6umaL405 Hlre of Equlpm8nt Staff Unrfcfflis Traini 2.283 2.717 19,137 4556 3.15S 4394 &Jr¥Jry Exp8nso8 Health & Safety LicenGes & InsurarKe bsuipts'ons Logal & professA￿81 fe8S DBS 1,n3 4376 2,359 804 Accountancy 8ookke8plng PayToII ￿0Ce¥S￿g Oewedallon 8ank charg88 Admin15trallon Cor*uttanl Celebralh)n Events 6.795 6.975 1,387 11,106 376 11,240 5,139 P4e2of4 EATON SOCON PRE4CHOOL BALANCE SHEET AS AT 31ST AUGUST 2023 Fix•d A¥s•ts TarKJlble Assets 1W046 196,665 CurT￿t u8•ts Twle Deblcrfs PrepayThents Bank Accounts Current Account ESPS CIO Current alc ESPS CIO Dep(wl al Contingerw FuTrJ BulldlrKJ maInlena￿ FUTh Cash In Hand 819 5,347 797 3.239 95,797 21,696 32.497 84.302 170,660 11,208 11X) 150.030 12.997 11x1 305.629 Curr•nt Llabllftlea Trade Credilors PAYE & Pensions Receipts in Advance Ot￿r Creditors Bar￿a￿d Acuuds 3,176 6,397 69,036 4856 4.283 71,674 4,717 325 825 825 H323 N•t Curr•nt A•8￿• 221,306 197,696 NEf ASSErs R•prM•nl•d By: G•n•rnl RM•r¥• Balan¢¢ al 1 st Septembor 2022 Surplu8 for the Year 234,280 9,065 22,001 243,345 Contlng•ncy R•8•Th0 Balance al 1 st September 2022 150,007 150,007 415,353 393,352 L& Tre•urer 02 Nov 2023 02 Nov 2023 Date P¥3of4 EATON SOCON PRE4CHOOL YEAR ENDED 31 AUGUST 2023 ACCOUNTApifs REPORT R•sprflivo Responsibiliti•s of Tnmteo and Examin•r The ¢haritl¥ trustees we respor¢ibl8 fw the prep¥*iM of ts a¢¢ourrts. Ch￿8 trustees consider that an audil is not required for this sEar ( under section 4312) of the ¢harity$ 1993 ( the Act) and that 2n Independent examlnalion is needed. It is our r￿ponsIbIlIty to.. ' examine the accounts {under sectvffi 43(a) of Act.. ' to follow the w(tedures laKI in th8 General Directions gwen by the charlty ¢Ommls8hy￿rS (under section 43171{b) of the A¢tl,' arKI lo state vthelher partKular matters have (x)me to our attentmjn. Ba818 of Ind•p•nd•nt Examln•rfs Roport Our examlnalion was carrhd out 7Afjth General Direcbons given by the Charty Commlssloners. An examlnalon irKlude5 a reviw•V of Ihe accounting recwds kept by the charity and a comparlson of the accounts presented vlth those records. It also includ88 considex8b.on of ary unusual items or disclosures In the accounts, an $88klng ex￿ana110n3 from the trustees corKeming any such matters. The procedures undertaken do rx)t provkle all th8 eVKlence that V*wld be required in an audit ,arKI consequenty y￿ do not expr086 an ￿dI1 oplnlon on th8 acthunts. Ind•p•nd•nt Examln•r4 Stst•m•nt In Mnne¢tbn with our ex8mlnatM)n, mattw has ￿)ffle to our attèntlon: (1 > Ythi¢h glv6$ us ro8sonable cause lo bdleve thal in any malerlal resp8cI the requlrements to keep act￿nting re￿r￿S in accordance with section 41 of the 1993 ACL. and to Prepare aGcounts which wxord vlith Ihe acGounliNJ records and comply th accounllng ￿UIrements of the Act have rK) been meL or to vthl¢h In c￿r opinlon, *lenllon should be drdvm in order lo enable a Pro￿ understarKllng of Ihe accounts to b8 reached. JFIH ALLUUNIANUY LIMII 1st Floor, CQL House inglon Road, Lt Barf￿d Sl Neots oSI9 6YH 02 Nov Page4of4 ## **Issuer** GRH Accountancy Ltd **Document generated** Wed, 1st Nov 2023 16:27:22 UTC **Document fingerprint** 90e087c8da6582778f53b5f21e3049eb ## **Parties involved with this document** ## **Document processed** ## **Party + Fingerprint** Thu, 2nd Nov 2023 16:12:28 UTC Thu, 2nd Nov 2023 16:25:37 UTC Thu, 2nd Nov 2023 16:54:37 UTC Mrs Kathryn Cole - Signer (2ebff462bc3e27c467e9c7edb1318c12) Mr Nick Carvell - Signer (3df334eb73c2f7eb4472bbcbb9bda27a) Geoff Howell - Signer (04c1020a1b85b803e4a3aaf7cf69347e) ## **Audit history log** ## **Date** ## **Action** Fri, 3rd Nov 2023 13:35:04 UTC Thu, 2nd Nov 2023 16:54:38 UTC Thu, 2nd Nov 2023 16:54:37 UTC Thu, 2nd Nov 2023 16:54:37 UTC Thu, 2nd Nov 2023 16:54:15 UTC Thu, 2nd Nov 2023 16:25:38 UTC Thu, 2nd Nov 2023 16:25:38 UTC Thu, 2nd Nov 2023 16:25:37 UTC Thu, 2nd Nov 2023 16:25:37 UTC Thu, 2nd Nov 2023 16:24:49 UTC Thu, 2nd Nov 2023 16:13:01 UTC Thu, 2nd Nov 2023 16:12:29 UTC Thu, 2nd Nov 2023 16:12:28 UTC Thu, 2nd Nov 2023 16:12:28 UTC Thu, 2nd Nov 2023 16:12:28 UTC Thu, 2nd Nov 2023 16:03:58 UTC Wed, 1st Nov 2023 16:27:32 UTC Wed, 1st Nov 2023 16:27:23 UTC Wed, 1st Nov 2023 16:27:23 UTC Wed, 1st Nov 2023 16:27:23 UTC Mrs Kathryn Cole viewed the envelope. (86.154.92.203) Geoff Howell viewed the envelope. (92.207.153.208) This envelope has been signed by all parties (92.207.153.208) Geoff Howell signed the envelope (92.207.153.208) Geoff Howell viewed the envelope. (92.207.153.208) Mr Nick Carvell viewed the envelope. (86.9.155.197) Document emailed to party email (18.130.11.5) Sent the envelope to Geoff Howell for signing (86.9.155.197) Mr Nick Carvell signed the envelope (86.9.155.197) Mr Nick Carvell viewed the envelope. (86.9.155.197) Mrs Kathryn Cole viewed the envelope. (86.11.97.125) Mrs Kathryn Cole viewed the envelope. (86.11.97.125) Document emailed to party email (35.177.189.73) Sent the envelope to Mr Nick Carvell for signing (86.11.97.125) Mrs Kathryn Cole signed the envelope (86.11.97.125) Mrs Kathryn Cole viewed the envelope. (86.11.97.125) Document emailed to party email (35.177.20.188) Sent the envelope to Mrs Kathryn Cole for signing. (13.40.61.238) Geoff Howell has been assigned to this envelope. (13.40.61.238) Mr Nick Carvell has been assigned to this envelope. (13.40.61.238) Wed, 1st Nov 2023 16:27:23 UTC Mrs Kathryn Cole has been assigned to this envelope. (13.40.61.238) Wed, 1st Nov 2023 16:27:23 UTC Envelope generated. (13.40.61.238) Wed, 1st Nov 2023 16:27:23 UTC Document generated with fingerprint 90e087c8da6582778f53b5f21e3049eb. (13.40.61.238) Wed, 1st Nov 2023 16:27:23 UTC Document generated with fingerprint ee69fc75cb770cb366f0b27b3e757f22. (13.40.61.238) Wed, 1st Nov 2023 16:27:22 UTC Envelope generated with fingerprint 05bf056f592d07d9425529d705da52b5 (35.176.231.177) ## Eaton Socon Pre-School Registered Charity No. 1169451 ## **A young persons dream** ## Treasurer Report – November 2023 ## Introducton Financially, it has been another positive year. Eaton-Socon Pre School has continued to maintain a healthy financial position with a net income surplus of £22,001.00. ## Presentaton of Accounts If I could now bring your attention to the prepared accounts for last year. ## Income and expenditure - Overall, there is a surplus of £22,001.00, compared with last year of £9,065. - There is an increase in income to last year by an additional £71,290 in funding and fees. - Our fundraising income has increased by £869 – mainly due to Tesco’s Community Grant. - Our Interest income has been higher due to increased interest rates. - Our wage costs are higher due to the increase in national living wage and increase in staffing and costs by £48,111.00 and our expenditure has increased due to increased costs due to inflation. - We also re-invested a sizable amount into the rooms with new toys, books and continued to maintain the outside areas. ## Assets - The contingency fund is there as a financial protection to allow the charity to windup/change business strategy in the event of any unforeseen circumstances. ## Year Ahead As we move into this new year, we remain committed to financial transparency and sustainability. Our priorities include ensuring the well-being of our children, supporting our dedicated staff, and continuing to provide high-quality early childhood education. During the next year we will continue to monitor our income and expenditure to identify cost savings where possible and improve accountancy standards and management of accounts. Prepared by Lisa Hamblin Date: 3/11/2023 Eaton Socon Pre-School CIO, 38a Queens Gardens, Eaton Socon, St. Neots PE19 8DN ba!icinLa! OfstedOutstanding imam[ill OfstedOutstanding Tel: 01480 406 047 Mob: 07903 326 971 PROMOTING School S 2009/2010 info@eatonsoconpre-school.co.uk www.eatonsoconpre-school.co.uk Formerly Eaton Socon Pre-School