Charity Number: 1023307
Newton Abbot Pre-school
Financial Statement
Year Ended 31 August 2022
Newton Abbot Pre-school Charity Information As at 31st August 2022
Charity name: Newton Abbot Pre-School Registered charity number: 1173779 Charity's principal address: The Green Rooms Fisher Road Newton Abbot Devon TQ12 2NB Trustees: Katie Toms appointed 19/12/2017 Leah James appointed 07/04/2023 Cara Mperi appointed 23/01/2021 Sarah Thomas appointed 21/01/2021 Siobhan Templeman appointed 07/04/2023 Charity governing document: Constitution
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Newton Abbot Pre-school Charity Information As at 31st August 2022
Responsibilities and Basis of Report:
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiners Statement:
I am qualified to undertake the examination by being a qualified member of ICAEW.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-The accounting records were not kept in accordance with section 130 of the Charities Act; or
-The accounts did not accord with the accounting records; or
-The accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
-I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Name:
Date:
Mr Jamie Dawes ACA 100 Queen Street,Newton Abbot,TQ12 2EU 14th June 2023
Newton Abbot Pre-school
Statement of Financial Activities
For the Year Ended 31st August 2022
| Incoming resources Early Years Grants Fees EYPP Bank interest Milk refund Social events and fundraising Other income Donation Outgoing resources Staff costs Agency staff Rent Utilities Equipment Supplies and consumables Ofsted Milk Printing, Postage & stationery PLA membership Insurance Accountancy, Payroll & Bookkeeping Computer, printing, postage & stationery Travel Telephone Cleaning Advertising Repairs Training Pension Costs Bank fees Total outgoing resources Net incoming (outgoing) resources |
Unrestricted funds Restricted funds Total £ 63,438 - 63,438 3,637 - 3,637 - - - 2 - 2 - - - - - - 1,482 - 1,482 14,915 15,041 29,956 83,475 15,041 98,516 38,995 - 38,995 341 - 341 3,450 - 3,450 1,956 - 1,956 5,325 - 5,325 3,195 - 3,195 35 - 35 6 - 6 117 - 117 53,420 - 53,420 630 - 630 1,770 - 1,770 132 - 132 570 - 570 431 - 431 604 - 604 94 - 94 1,634 - 1,634 121 - 121 1,449 - 1,449 2 - 2 7,437 - 7,437 60,857 - 60,857 22,617 15,041 37,658 31/08/2022 |
|---|---|
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Newton Abbot Pre-school Balance Sheet As at 31st August 2022
31/08/2022 £
| Fixed Assets Current Assets Cash at Bank and in hand Current Account Savings Account Redundancy Account Fundraising Account Soldo Petty Cash |
- 21,769 9,025 6,016 512 333 3 37,658 |
|---|---|
| Reserves Unrestricted Funds Designated Funds Restricted Funds |
22,617 9,025 6,016 37,658 |
|---|---|
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Newton Abbot Pre-school
Notes to the Financial Statements
Year Ended 31st August 2022
Note 1 - Accounting Policies
a) The group is a registered charity and as such is governed by the Charities Act 1993. Under this act the Charities (Accounts and Reports) Regulations 2011 it is classed as a small charity since the gross income or expenditure do not exceed £250,000 per annum. As a result of this, the group has taken advantage of preparing the financial statements on the more simplified basis of receipts and payments. This is consistent with previous years.
b) All income, including grants is recorded when paid.
c) All expenditure is recorded when paid.
d) Grants or donations made with a designated purpose are accounted for as restricted funds.
e) A sum equivalent to an approximate amount that would be payable as redundancy to staff in the vent of closure of the Pre-school is held in a separate bank account and is also accounted for as restricted funds.
Note 2 - Analysis of funds
| Opening balance as at 01/09/2021 Net incoming / (outgoing) resources Closing balance as at 31/08/2022 |
Unrestricted Funds Designated Funds Restricted Funds Total £ £ £ - - - - - 22,617 15,041 - 37,658 22,617 15,041 - 37,658 |
|---|---|
| The balance of Restricted Funds is made up as follows: Redundancy (retained in a separate bank account) |
£ 6,016 6,016 |
|---|---|
| The balance of Designated Funds is made up as follows: Contingency fund (retained in a separate bank account) |
£ 9,025 9,025 |
|---|---|
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Newton Abbot Preschool works for the public benefit having as its objects 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; (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. The majority of funding is received through Early Years Funding and grants from the Government for the children on role, other sources include fees paid by parents for children on role and fundraising events.
Trustee report.
Due to health issues experienced by our Chair Katie Toms she has been unable to fulfil her post and is unable to fill in this report herself, as such information is limited. Attempts to recover the property of the Charity from Katie are ongoing, namely the laptop and accompanying documents. Instead, the current acting chair Leah-Marie James has been able to input the report on behalf of the trustees working with staff. Two new trustees have been recruited (for 2022/2023) and others are set up to join at the next General Meeting to replace trustees due to retire. Trustees and Staff have been working together to resolve any issues and improve the outcomes for children and enable the continuation of the provision for the children and their families.
For the reporting year 2021/2022 Newton Abbot Preschool struggled with recruitment of staff. A new experienced member of the team Wendy will join from September 2022. As the world still dealing with the Covid pandemic the was unsure if it could continue as numbers of children were low and little interest was shown for new intake. Luckily the numbers began to pick up by the end of the year and spaces for September 2022 are looking much healthier.
Reserves of £37,658 are held by the charity. £6016 lays in account as a contingency fund to help cover unexpected eventualities. £6,016 is held in separate account to cover redundancy payments should the preschool close. Unrestricted funds make up the remaining £22,617 which are being raised to improve the outdoor learning space in 2022/2023 and help buffer any dip in funds due to school leavers from the previous year.
Newton Abbot Pre-School, Registered as a Charitable Incorporated Organisation Fisher Road, The Green Rooms, Newton Abbot, Devon TQ12 2NB Telephone: 07971 708024 email: newtonabbotpreschool@hotmail.co.uk Ofsted No: 2637488 Charity No: 1173779
Early Years Grants detailed
Autumn 2021/2022
| Hours | Rate | Total | |
|---|---|---|---|
| EYEF 3&4 | 2,511.00 | £4.14 |
£10,395.54 |
| Universal SEN | 2,511.00 | £0.04 |
£100.44 |
| Universal Deprivation | 2,511.00 | £0.04 |
£100.44 |
| EYPP | 1,398.00 | £0.53 |
£740.94 |
| DAF | £615.00 | ||
| 2-Year-Old funding | 1,641.00 | £5.04 |
£8,270.64 |
| 2-Year-Old deprivation | 1,641.00 | £0.02 |
£32.82 |
| Individual EYSEND | £516.12 | ||
| Total Funding | £20,771.94 | ||
| Admin Charges* | £0.00 | ||
| Balance of Funding | £20,771.94 |
Spring Term
| Hours | Rate | Total | |
|---|---|---|---|
| EYEF 3&4 | 2,775.00 | £4.14 | £11,488.50 |
| Universal SEN | 2,775.00 | £0.04 | £111.00 |
| Universal Deprivation |
2,775.00 | £0.04 | £111.00 |
| EYPP | 1,247.50 | £0.53 | £661.18 |
| DAF | £615.00 | ||
| 2-Year-Old funding | 1,248.00 | £5.04 | £6,289.92 |
| 2-Year-Old deprivation |
1,248.00 | £0.02 | £24.96 |
| Individual EYSEND | £455.40 | ||
| Total Funding | £19,756.96 | ||
| Admin Charges* | £0.00 | ||
| Balance of Funding |
£19,756.96 |
Newton Abbot Pre-School, Registered as a Charitable Incorporated Organisation Fisher Road, The Green Rooms, Newton Abbot, Devon TQ12 2NB
Telephone: 07971 708024 email: newtonabbotpreschool@hotmail.co.uk Ofsted No: 2637488 Charity No: 1173779
Summer Term
| Hours | Rate | Total | |
|---|---|---|---|
| EYEF 3&4 | 2,775.00 | £4.14 | £11,488.50 |
| Universal SEN | 2,775.00 | £0.04 | £111.00 |
| Universal Deprivation |
2,775.00 | £0.04 | £111.00 |
| EYPP | 1,247.50 | £0.53 | £661.18 |
| DAF | £615.00 | ||
| 2-Year-Old funding | 1,248.00 | £5.04 | £6,289.92 |
| 2-Year-Old deprivation |
1,248.00 | £0.02 | £24.96 |
| Individual EYSEND | £455.40 | ||
| Total Funding | £19,756.96 | ||
| Admin Charges* | £0.00 | ||
| Balance of Funding | £19,756.96 |
For the year 2021/2022 the preschool received £2,063.30 Early Years Pupil Premium Funding (EYPP)
The funds were used to update the resources available to the children based off their individual interests, needs and requirements to support their development. This included roleplay resources to improve outcomes in communication and interaction, understanding of the world and personal, social and emotional development. The children were also identified as requiring support with their mathematical understanding to new resources were purchased using these funds.
Signed
Leah-Marie James
Acting Chair of Trustees
Newton Abbot Pre-School, Registered as a Charitable Incorporated Organisation Fisher Road, The Green Rooms, Newton Abbot, Devon TQ12 2NB Telephone: 07971 708024 email: newtonabbotpreschool@hotmail.co.uk Ofsted No: 2637488 Charity No: 1173779