**HIGHFIELD GRANGE PRE-SCHOOL CONTENTS FOR THE YEAR ENDING 2022** 

**_____________________________________________________________________________________** 

**HIGHFIELD GRANGE PRE-SCHOOL** 

## **TRUSTEES REPORT** 

**FOR YEAR ENDING 31[ST] MARCH 2022** 

**Charity number 1172681** 

1 



**HIGHFIELD GRANGE PRE-SCHOOL CONTENTS FOR THE YEAR ENDING 2022** 

## **_____________________________________________________________________________________** 

## **Trustees Report** 

The Trustees are pleased to present their report for the year ending 31[st] March 2022. 

## **Reference and administration details** 

Charity name: Highfield Grange Pre-school Charity registration number: 1172681 Address of Charity: The Highfield Centre Highfield Grange Avenue Marus Bridge Wigan WN3 6RS Trustees: G. Ramsdale (Chair) S. Grindle (Treasurer) G. Grindle (Secretary) Committee: John Clark K. Priestley W. Meehan K. Tickle Pre-school Manager: S. Clark Independent examiner: P A Hull and Company 23 Ladies Lane Hindley Wigan WN2 2QA 

2 



**HIGHFIELD GRANGE PRE-SCHOOL CONTENTS FOR THE YEAR ENDING 2022** 

## **_____________________________________________________________________________________** 

## **Objectives and activities** 

The primary purpose of the Charity is to help children and young people with educational training by providing pre-school care for children age two to five years old for 5 days a week.  Session times vary from 3 to 6 hours a day with the children also having lunch. 

To enhance the development and education of children primarily under statutory age for school, by encouraging parents to understand and provide fir the needs of the children through local community groups.  Offering appropriate play and learning facilities and access to training courses together with the right of the parent to take responsibility for and to become involved in the activities of the preschool, ensuring that they offer opportunities for all children regardless of race, culture, religion, disability, means and background. Encouraging the study of the needs of such children and their families and promoting interest and recognition of such needs in the local areas. 

The Charity raises additional funds from the pubic to support the activities of the Charity but does not work with commercial participators. 

In planning the objectives of the Charity, the Trustees have reviewed the guidance provided by the Charity Commission. 

## **Achievements and performance** 

The committee has made a conscious effort to keep spending in line with the budget. We continue to receive funding from Wigan Council.  We have been able to carry on update our equipment as and when it is needed.  We have purchased new furniture so the children can access the toys, games and creative area easier. 

## **Financial review** 

We have continued to generate a good income from fees received but this year has been harder because of Covid parents have seemed to have been reluctant to send their children to pre-school and have been delaying the start until their children are slightly older. This means that we were only running at full capacity from January 2022 instead of September 2021 

Expenditure for the Charity is closely monitored. The main costs being wages and the rent of the rooms we hire for Douglas Valley Community who own the building. 

The Trustees consider the yearend financial position to be satisfactory and confirm that the Charity can continue to meet all known obligations. 

## **Structure, governance and management** 

Governing  document  Highfield Grange Pre-school Playgroup was established on 7[th] April 2017. Its constitution: the ‘Highfield Grange Pre-school Constitution Document April 2017 was registered with the Charity Commission (reg number 117268 on 21[st] April 2017. 

3 



**HIGHFIELD GRANGE PRE-SCHOOL CONTENTS FOR THE YEAR ENDING 2022** 

**_____________________________________________________________________________________** 

## **Appointment and recruitment of Trustees** 

Trustees are appointed at the Annual General Meeting.  There must be a least three charity trustees.  If the number falls below the minimum, the remaining trustee or trustees may act only to call a meeting for the charily trustees or to appoint a new charity trustee. 

## **Trustees’ induction and training** 

All new Trustees will be provided with a Committee welcome pack which includes copies of: 

- The Charity’s constitution 

- The latest accounts of the charity 

- Code of conduct 

- Confidentiality Agreement 

and are encouraged to read the Charity Commission guidance notes CC3 –“the Essential Trustee, what you need to know, what you need to do” and PB3 – “Public benefit: Reporting”. 

In addition Trustees are given all updated information for the Charity Commission and other newsletters. 

## **Organisational structure** 

The trustees administer the Charity and meet regularly thought-out the year, during these meetings all charitable matter are discussed including fund raising, income structure ongoing performance and to approve forthcoming charitable expenditure. 

The Charity monitors performance against budgeted targets and reports annually at the Annual General Meeting where Trustees resignation and appointments are made in line with the necessary roles and requirements of the foreseeable future. 

## **Risk management** 

Management has reviewed any major risks to which the Charity may be exposed and have established appropriate systems and procedure have been established to mitigate the risks the Charity faces. Highfield Grange Pre-school benefits from a diligent and dedicated team of Trustees.  Costs are closely monitored to ensure the Charity operates within its means.  The Charity maintains a separate bank account to cover its reserves all of which minimise its exposure to risk. 

The Charity’s internal policies and procedures are reviewed by the manager of the Pre-school regularly and are in line with the EYFS statutory framework. 

4 



**HIGHFIELD GRANGE PRE-SCHOOL CONTENTS FOR THE YEAR ENDING 2022** 

**_____________________________________________________________________________________** 

## **Reserves policy** 

The Charity’s reserve policy is to maintain reserves at a level adequate to protect its ongoing work from significant fluctuations in service income.  This policy is reviewed annually.  The Charity aims to hold sufficient reserves to cover three months running costs. 

At the end of the year 31[st] March 2020 the charity has a total reserves of £21575.97 (taken from bank statement) of which nil is restricted.  The reserves of the Charity are therefore adequate and the Trustees consider that the Charity will continue as a going concern for the foreseeable future. 

## **Plans for future periods** 

It is the Trustees’ intention that the Charity will continue to provide services in line with the objectives and activities as noted in the financial statement. 

- We are forecasting that our income for the coming year will increase due to children on the waiting list due to start in September 2022. 

- The government have increased the funding for 3-4 years old’s and we are to raise our session fees in line with funding. 

- We are expecting our costs to rise slightly this year due to the cost of cleaning because of Covid. 

- We will adhere to government guidance to as and when we can open. 

- We have been informed that as of 1[St] October 2022 that there will be an increase in rent and that this may increase again in the New Year. 

## **Trustees** 

The current Trustees are shown on page 2 including those who have served during the year and any appointments and resignation dates as required. 

## **Pubic Benefit** 

The Trustees have considered the Charity Commission’s guidance on pubic benefits.  They confirm that in planning and carrying out the Charity’s activities they have had regards to this guidance. 

## **Independent examiner reappointment** 

A resolution to appoint P A Hull & Company as independent examiner will be proposed at the next Annual General Meeting for the coming year. 

The Trustees’ annual report was approved on the 4[th] January 2022 and signed on behalf of the board of Trustees by: 

Gareth Grindle (secretary) Trustee 

5 



## 

||Page|
|---|---|
|Business information|J|
|Approvalofthe accounts|4|
|Accountants'report|5|
|Profit and loss account|6|
|Balance sheet|7|
|Notes tothe accounts|B|





## 



## 



## 



||2022t|2021<br>f|
|---|---|---|
|Turnover|88,8'14|103,786|
|Cost of sales|(5,522)|(5,051)|
|Other direct costs|(75,978)|(78,110)|
|Grossprofit|7,314|20,625|
|Otherincome/profits|500|1,000|
|Expenses<br>Employeecosts<br>Premisescosts|IQOn<br>13,722|2,444<br>12,A84|
|Repairs<br>General administrativeexPenses|56<br>2,189|1,943|
|Legal andprofessionalcosts<br>Depreciation and loss/profit onsale<br>Other expenses includingpartnership charges|1,284<br>703<br>ZAZ|1,305<br>65'1<br>224|
||20,086|19,247|
|(Loss)/profit|(12,272)|2,378|
|Allocation of profits|€||
|It4rGareth Grindle-SecretarY|(4 091)|33.33%|
|I\4rsGillianRamsdale-Chair|(4,091)|JJ.JJTo|
|lvlrsSusan Grindle-Treasurer|(4,090)|33.34o/o|
||(12,272)|100Yo|





## 

||||2022||2021|
|---|---|---|---|---|---|
||Notes||E||f|
|Fixed assets||||||
|Plant, machinery and motor vehicles|2||2,237||2,172|
|Current assets||||||
|Bank/building society balances||21,576||33,674||
|Currentliabilities||||||
|Trade creditors/accruals||1,199||720||
|Other liabilities||1,357||1,597||
|||2,556||2,317||
|Netcurrentassets|||19,020||31,357|
|Netbusinessassets|||21,257||33 529|
|Capitalaccounts||||||
|Balanceatstart ofperiod|||33,529||31,151|
|Net (loss)/profit|||(12,272)||2,378|
||3||21,257||33,529|





## 

## 

## 

## 

|2|Plant, machinery and motor vehicles|||Computer<br>equipmentf|Fixtures &<br>fittings<br>€|Total<br>f|
|---|---|---|---|---|---|---|
||Gost||||||
||At1April2021|||2,223|1709|3,932|
||Additions|||769||769|
||At 31fvlarch2022|||2,992|1,709|4,7Ql|
||Depreciation<br>At1April2021<br>Charge for theyear|||936<br>482|824<br>ZZL|1.760<br>704|
||At 31 lrlarch 2022|||1,418|1,046|2,464|
||Netbook value||||||
||At 31lVarch2022|||1,574|663|2,237|
||At31 lt/arch202'1|||I,tot|885|2,172|
|3|Capital accounts|At|Profit|<br>Capital|Drawings|At|
|||0110412021||introduced|3110312022||
|||E|e||AE||
||lVlrGareth Grindle - Secretary|11,176|(4,0e1)|:|-|7,085|
||lVIrsGillianRamsdale - Chair|11,176|(4,0e1)||_|7,085|
||lVlrsSusan Grindle - Treasurer|11,177|(4,090)||-|7,087|
|||33,529|(12,272)|||21,257|



## 



## 

||Page|
|---|---|
|Business information|J|
|Approvalofthe accounts|4|
|Accountants'report|5|
|Profit and loss account|6|
|Balance sheet|7|
|Notes tothe accounts|B|





## 



## 



## 



||2022t|2021<br>f|
|---|---|---|
|Turnover|88,8'14|103,786|
|Cost of sales|(5,522)|(5,051)|
|Other direct costs|(75,978)|(78,110)|
|Grossprofit|7,314|20,625|
|Otherincome/profits|500|1,000|
|Expenses<br>Employeecosts<br>Premisescosts|IQOn<br>13,722|2,444<br>12,A84|
|Repairs<br>General administrativeexPenses|56<br>2,189|1,943|
|Legal andprofessionalcosts<br>Depreciation and loss/profit onsale<br>Other expenses includingpartnership charges|1,284<br>703<br>ZAZ|1,305<br>65'1<br>224|
||20,086|19,247|
|(Loss)/profit|(12,272)|2,378|
|Allocation of profits|€||
|It4rGareth Grindle-SecretarY|(4 091)|33.33%|
|I\4rsGillianRamsdale-Chair|(4,091)|JJ.JJTo|
|lvlrsSusan Grindle-Treasurer|(4,090)|33.34o/o|
||(12,272)|100Yo|





## 

||||2022||2021|
|---|---|---|---|---|---|
||Notes||E||f|
|Fixed assets||||||
|Plant, machinery and motor vehicles|2||2,237||2,172|
|Current assets||||||
|Bank/building society balances||21,576||33,674||
|Currentliabilities||||||
|Trade creditors/accruals||1,199||720||
|Other liabilities||1,357||1,597||
|||2,556||2,317||
|Netcurrentassets|||19,020||31,357|
|Netbusinessassets|||21,257||33 529|
|Capitalaccounts||||||
|Balanceatstart ofperiod|||33,529||31,151|
|Net (loss)/profit|||(12,272)||2,378|
||3||21,257||33,529|





## 

## 

## 

## 

|2|Plant, machinery and motor vehicles|||Computer<br>equipmentf|Fixtures &<br>fittings<br>€|Total<br>f|
|---|---|---|---|---|---|---|
||Gost||||||
||At1April2021|||2,223|1709|3,932|
||Additions|||769||769|
||At 31fvlarch2022|||2,992|1,709|4,7Ql|
||Depreciation<br>At1April2021<br>Charge for theyear|||936<br>482|824<br>ZZL|1.760<br>704|
||At 31 lrlarch 2022|||1,418|1,046|2,464|
||Netbook value||||||
||At 31lVarch2022|||1,574|663|2,237|
||At31 lt/arch202'1|||I,tot|885|2,172|
|3|Capital accounts|At|Profit|<br>Capital|Drawings|At|
|||0110412021||introduced|3110312022||
|||E|e||AE||
||lVlrGareth Grindle - Secretary|11,176|(4,0e1)|:|-|7,085|
||lVIrsGillianRamsdale - Chair|11,176|(4,0e1)||_|7,085|
||lVlrsSusan Grindle - Treasurer|11,177|(4,090)||-|7,087|
|||33,529|(12,272)|||21,257|



##