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2022-08-31-accounts

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Description
ofthe charity's
trusts
Type ofgoverning
document
Constitution
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How the charity is constituted corporated
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Trustee selection methods Elected by members
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Additional governance
issues (Optional
information)
You may choose to include
additional
information,
where
relevant,
about:
Bizzy Bees pre-School CIO is a registered
childcare provider
with
OFSTED who is the independent
governing
body for the standards
within
childcare.
Bizzy Bees is a member ofthe Pre-School Learning
Alliance,
with close links to Bedford Borough Council.
We take governance
advice
~ policies
adopted
training
and procedures
for the induction
oftrustees;
and from the Early Years and Childcare Officer, part ofthe Local Authorities
Children's
and Adult's Services Department.
We take advice from the
Department
of Education
and follow the EYFSStatutory framework.
~ the charity's
organisational
structure
and any wider
network
with which the charity
works;
There are two types of membership
for Bizzy Bees:family memberships
for the parents or guardians
ofall children
who attend Bizzy Bees Pre-
School CIO and Affiliate Membership
for individual,
organisations
or other
bodies interested
in supporting
the aim of Bizzy Bees Pre-School CIO.
~
~
relationship
with any related
parties;
trustees'
consideration
of
major risks and the system
and procedures
to manage
them.
Bizzy Bees is a committee
run Pre-School with an employed
manager,
deputy,
administrator,
lead practitioner
and practitioners
ofstaff. The
committee
members
are all volunteers
whilst the manager,
deputy,
lead
practitioner,
administrator
and practitioners
are all paid employees.
Pay is
agreed
by the committee
and is based on role responsibility,
a
practitioners
qualified
level, minimum
wage. The day to day running
ofthe
Pre-School is performed
by the manager,
educational
needs,
administrative
and leadership.
Recruitment
isjointly overseen
by
management
team and committee.
Policies within the charity are
determined
by the committee.
Committee
members are voted by the members at the Annual
General
Meeting
although
can join at any time iftrustees are in agreement.
We do
not ask committee
members
to have any prior experience just the
willingndss
to want to help support
our charity. We offer free training
through
EduCare
Early Years Alliance to support new trustees.
All
committee
members
are subjected to our safer recruiting
policy and
include statutory
Ofsted requirements
such as DBSobtainment
and
safeguarding
training.
The minimum
number ofcommittee
members
is3and maximum
is 12,
together with up to a further 3co-opted members.
ommittee are responsible
for overseeing
risks faced by the Pre-School.
C
ethree main risks are:-
Th
~
Re utation:toensurethesuccessofBi
Bees.Riskismana
ed

The charity is heavily
reliant on the help of volunteers
and fundraising
efforts. The Committee
is formed ofamazing
volunteers
not only to
You may choose
further statements,
to include
where
assist in fundraising
but also to support the Pre-School staff in their day-
to-day duties.
In any ofthese scenarios, their efforts are greatly
relevant, about: appreciated.
~ policy on grantmaking; We have won af2000 grant from the Harper Trust Bedford this year to
~ policy programme related invest
in our Sensory Garden. The money
will be invested
in the Spring
investment; of2023when the weather
is warmer to benefit all ofthe children
who
~ contribution made by attend Bizzy Bees.
volunteers. Our object through
further fundraising
is to invest in some climbing
e
ui ment for the children to ex lore but we aren't
uite there
et!
~ ~ ~
~
~
Summary
ofthe
achievements
of
main
the charity
Bizzy Bees Pre-School CIO has provided
service to around 52 families
this academic year.
during the year Again, a new committee
formed this year as other committee
members
moved on due to work commitments
and some oftheir children
left the
setting. Our committee
Chair remains
in position.
A new management
team was also founded
this year with the resignation
ofthe former manager.
Claire Buchanan took the position ofmanager
and Sarah Meadows took the position of deputy.
The new EYFSStatutory
Framework
came into force in September 2021
which the charity have focused on.
The staff and committee worked very hard this year to hold various
fundraising
events such as our first ever 'movie night' where the children
got to return dressed
in their PJs for snacks and a movie. We had
fantastic Halloween
&Christmas
parties for the children as fundraising
events. Bizzy Bees organised
an Easter, Summer and Christmas
raffle
with some fantastic prizes donated
from local businesses.
Bizzy Bees
attended
Wootton Fun Fest with a stall to raise mone .
Po0
0
~
~
~
Bizzy Bees 50~ anniversary
was celebrated
this year with ajumble sale.
We had an abundance
ofdonations
and support.
All staff and committee
donated their time voluntarily
to support the Pre-School.
Bizzy Bees had it's first 'leavers school trip' this year. The children
who
were leaving to start school had the opportunity
to go to a farm for the
day followed
by a graduation
ceremony,
The staff of Bizzy Bees supported
the transition
of27 children
leaving to
start primary
school and began the process ofwelcoming
new families
ready to start in September 2022.
Bizzy Beestook on an apprentice
forthe first time in January 2021 to
support the training
process of new qualified
practitioners
within the local
community.
It has been a successful
partnership
with the apprentice
and
Bedford College who are leading the course. An unqualified
member of
staff achieved their Level 2 and is now studying
towards their Level 3.As
a Pre-School and a charity, we support the growth
and carer progression
of all staff members
offering opportunities
for growth
within the childcare
profession.
The management
team has joined a local hub with the local primary
school and other Pre-Schools
in the village to raise educational
standards
and to ensure everyone
in the community
is benefitting
from
the collaborating
in ensuring
children are at a similar level when joining
primary school.
Our deputy manager
is a local Mental
Health First Aider and offers
wellbein
su
ort to eve
one at the charit
and the wider communit
Briefstatement ofthe Bizzy Bees Pre-School CIO has a sufficient Reserves Policy that is
reviewed
regularly
and to ensure remains adequate
(to cover such things
charity's policy on reserves as redundancies
or closure, relocation costs, unforeseeable
repairs). This
is also in place to provide an opportunity
to reserve money for future
projects like a new building
for Bizzy Bees.The money
will also ensure
our charity is able to operate
during
periods of lower income.
As of 31"August 2022, Bizzy Bees.holds f25020.01 in the reserve
account, with a P5 bank charge coming out monthly.
Our Reserve Policy
states that we should
hold between f20-25k, so we are at our target
balance.
Details ofany funds materially N/A
in deficit

INCOME EXPENDITURE EXPENDITURE
Fees4Grants Staff
Fees 32,979.04 Wages 143,634.59
Nursery Education Grant 131,482.24 Training 1,555.80
Grants 164,461.28 Staff Uniform 974.87
Staff Reinbursements Staff Recruitment 144.87
Training Re-imbuisement Debarment
Disclosure
Staff Uniform
Fundraising
243.83 243.83 Other
Premises
617.44 146,927.57
Children
Uniform
General Fundraising
Donations
Other
Interest
Miscellaneous
615.15
2,041.84
26.03
615.15
2,067.87
Rent
Fquipment
/Repair
Equipment 8 Materials
Equipment
Materials
Consumablera
5,501.00
1,950.53
2,284.57
7,451.53
2,284.67
Food / Drink 2,537.43 2,637.43
Administration
General 685.50
Payroll admin costs 785.84
B.T./internet 5,516.26
Auditor fees 600.00
Insurance 732.56
Parent reimbursements 113.75
Subs/Ofstead 737.17
Miscellaneous
Fundralsing
1,415.71 10,586.79
Cost incurred in fund raising 626.06
Cost ofUniform 321.65
Cost ofItems Purchased 412.12 1,359.83
Surplus
/ (Deficit) Year to Date
(3,759.59)
otal 167388.13 Total 167300.13

INCOME EXPENDITURE EXPENDITURE
Fees4Grants Staff
Fees 32,979.04 Wages 143,634.59
Nursery Education Grant 131,482.24 Training 1,555.80
Grants 164,461.28 Staff Uniform 974.87
Staff Reinbursements Staff Recruitment 144.87
Training Re-imbuisement Debarment
Disclosure
Staff Uniform
Fundraising
243.83 243.83 Other
Premises
617.44 146,927.57
Children
Uniform
General Fundraising
Donations
Other
Interest
Miscellaneous
615.15
2,041.84
26.03
615.15
2,067.87
Rent
Fquipment
/Repair
Equipment 8 Materials
Equipment
Materials
Consumablera
5,501.00
1,950.53
2,284.57
7,451.53
2,284.67
Food / Drink 2,537.43 2,637.43
Administration
General 685.50
Payroll admin costs 785.84
B.T./internet 5,516.26
Auditor fees 600.00
Insurance 732.56
Parent reimbursements 113.75
Subs/Ofstead 737.17
Miscellaneous
Fundralsing
1,415.71 10,586.79
Cost incurred in fund raising 626.06
Cost ofUniform 321.65
Cost ofItems Purchased 412.12 1,359.83
Surplus
/ (Deficit) Year to Date
(3,759.59)
otal 167388.13 Total 167300.13