DocuSign Envelope ID: 1501CAEB-58E9-4885-AC87-ECC24EEC96A8
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
Charity Name THE VILLAGE PRESCHOOL E17
**Report to the trustees** Charity Name THE VILLAGE PRESCHOOL E17 **On accounts for the year** 31 AUGUST 2022 **Charity no** 1173999 **ended (if any) Set out on pages** 3-4
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2022. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** 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 examiner's statement** 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;
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.
## * _Please delete the words in the brackets if they do not apply._
June 28, 2023 **Signed: Date: Name:** KHAIRUL AZIZ **Relevant professional** FCCA **qualification(s) or body (if any): Address:** 44 HOWARD ROAD LONDON
E17 4SJ
**Oct 2018**
1
**IER**
DocuSign Envelope ID: 1501CAEB-58E9-4885-AC87-ECC24EEC96A8
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
**Oct 2018**
2
**IER**
DocuSign Envelope ID: 1501CAEB-58E9-4885-AC87-ECC24EEC96A8
**Registration: 1173999**
## **THE VILLAGE PRE-SCHOOL E17**
## **UNAUDITED ACCOUNTS FOR THE YEAR ENDED**
**31 AUGUST 2022**
DocuSign Envelope ID: 1501CAEB-58E9-4885-AC87-ECC24EEC96A8
## **THE VILLAGE PRE-SCHOOL E17**
## **RECEIPTS AND PAYMENTS**
## **For the year ended 31 August 2022**
|**RECEIPTS**
Fees
LBWF Funding
Other income
Bank Interest
**Total**
**PAYMENTS**
Rent
Staff Costs
Payroll and bookeeping
Snack
Membership and insurance
Activities and Materials
Training
Administration
Equipment
Staff expenses
Cleaning
Office and IT expenses
Marketing
Sundry expenses
**Total**
**Net (expenses)/income**
**Funds beginning of year**
**Funds this year end**|**31st August 2022**
**31st August 2022**
**31st August 2022**
**Unrestricted**
**Restricted**
**Total**
**£**
**£**
**£**
**31,472**
**31,472**
**96,405**
**96,405**
**1,423**
**1,423**
**7**
**7**
**129,307**
**0**
**129,307**
**15,675**
**15,675**
**131,569**
**131,569**
**307**
**307**
**900**
**900**
**2,662**
**2,662**
**9,179**
**9,179**
**1,386**
**1,386**
**846**
**846**
**1,535**
**1,535**
**3,216**
**3,216**
**313**
**313**
**3,463**
**3,463**
**1,984**
**1,984**
**2,315**
**2,315**
**175,350**
**0**
**175,350**
**(46,043)**
**0**
**(46,043)**
**141,226**
**0**
**141,226**
**95,183**
**0**
**95,183**|_31st August 2021_
_Total_
_£_
_25,238_
_106,914_
_1,582_
_9_|
|---|---|---|
|||**_133,743_**|
|||_15,455_
_86,832_
_319_
_1,185_
_1,693_
_6,227_
_2,451_
_2,466_
_3,492_
_2,412_
_849_
_2,004_
_100_
_680_|
|||_126,165_|
|||_7,578_|
|||_133,648_|
|||_141,226_|
Page 3
DocuSign Envelope ID: 1501CAEB-58E9-4885-AC87-ECC24EEC96A8
_**Reg: 1173999**_
## **THE VILLAGE PRE-SCHOOL E17**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **As At 31 August 2022**
|**Cash funds:**
Current account
Savings account
Petty cash
**Total cash funds**
**Other asset/(creditors):**
Other debtors
Other creditors
**Total funds**|**2022**
**2022**
**2022**
_2021_
**Unrestricted**
**Restricted**
**Total**
_Total_
**32,274**
**0**
**32,274**
_92,103_
**64,033**
**64,033**
_40,026_
**-**
**-**
_42_
**96,307**
**0**
**96,307**
_132,171_
_9,055_
**(1,124)**
**(1,124)**
**-**
**95,183**
**0**
**95,183**
_141,226_|
|---|---|
Signed on behalf of the charity's trustees
………………………………………………………
Name: **Melissa Richards-Clack**
Date: June 28, 2023
Page 4
DocuSign Envelope ID: 1501CAEB-58E9-4885-AC87-ECC24EEC96A8
|||||||||
|---|---|---|---|---|---|---|---|
||**Trustees' Annual Report for theperiod**|||||||
|**From**|Period start date|||**To**|Period end date|||
||01|09|2021||31|08|2022|
## Reference and administration details
**Charity name**
The Village Pre-School E17 CIO
**Other names charity is known by** N/A (but previously known as The Village Playgroup 1031388)
**Registered charity number (if any)** 1173999
## **Charity's principal address**
Walthamstow cricket club
48a Greenway Avenue London **Postcode E17 3QN**
## **Names of the charity trustees who manage the charity**
**Trustee name Office (if any) Dates acted if not for whole year** Milli Richards Clack Chair Nov 2020 – Current Lindsay Ramsay Secretary Nov 2020 – Current Evelyn Marktl Treasurer Nov 2020 – Dec 2022 Lateefah Elcock Member Oct 2020 – Dec 2022 Fiona Vernazza Member Oct 2020 – Dec 2022
## **Name of person (or body) entitled to appoint trustee (if any)**
- V[illage Preschool E17 ] Committee
- V[illage Preschool E17 ] Committee
- V[illage Preschool E17 ] Committee
- V[illage Preschool E17 ] Committee
- V[illage Preschool E17 ] Committee
> March **2012**
1
**TAR**
DocuSign Envelope ID: 1501CAEB-58E9-4885-AC87-ECC24EEC96A8
**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
## **Names and addresses of advisers (Optional information)**
**Type of adviser Name Address**
## **Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
Constitution
(eg. trust deed, constitution) Unincorporated association How the charity is constituted
- (eg. trust, association, company)
Appointed by AGM by those present Trustee selection methods
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
The committee are given an induction session and information pack, You **may choose** to include outlining their managerial responsibilities, giving details of important additional information, where processes that need to be carried out and explaining where further relevant, about: information and online training can be found. The committee oversees the ● policies and procedures PreSchool Manager. adopted for the induction and The manager oversees the rest of the staff team, including the Deputy training of trustees; Manager and Administrator.
● the charity’s organisational The PreSchool is also part of the Waltham Forest Pre-School Network, a structure and any wider network group comprising other pre-schools in the borough which meets 6 times a with which the charity works; year to share and disseminate important information regarding ● relationship with any related relationship with any related management, educational matters and policy changes at both a local and national level.
- relationship with any related relationship with any related parties;
- trustees’ consideration of Committees are made aware of the various policies at the PreSchool
- major risks and the system and regarding safeguarding of children, health and safety and risk
- procedures to manage them. management.
## **Section C Objectives and activities**
> March **2012**
2
**TAR**
DocuSign Envelope ID: 1501CAEB-58E9-4885-AC87-ECC24EEC96A8
|**Summary of the objects of the**
**charity set out in its governing**
**document**
**Summary of the main activities**
**undertaken for the public**
**benefit in relation to these**
**objects (include within this**
**section the statutory**
**declaration that trustees have**
**had regard to the guidance**
**issued by the Charity**
**Commission on public benefit)**|The Village Pre-School works for the public benefit by having as its object
the development and education of pre-school children. It does this by
promoting their care and safety; promoting their education as well as
parental involvement; promoting their health and well-being; providing
services to support them and their families and carers. We also provide
services to those who are members of the CIO and try to further the aims
of the early years alliance.|
|---|---|
||Main Purpose- The Village Pre-School aims to:
●
Provide high quality care and education for children below statutory
school age;
●
Work in partnership with parents to help children to learn and
develop;
●
Add to the life and well-being of its local community; and
●
Offer children and their parents a service which promotes equality
and values diversity.
The Pre-School does this by running sessions from 08.30am – 11.30am
and 12 noon – 3.00pm, Monday to Friday over 38 weeks.
In addition, a breakfast club is available from 08.00am – 08.30am
We have space for 36 children in the AM session and 36 children in the
PM session with a mixture of 2, 3 and 4 years olds.
Admission to preschool is based on date of birth and priority given to older
children. The PreSchool is fully inclusive and has several children with
additional needs on roll. Children are helped to settle in by being assigned
a Key person who also makes observations which are kept online via a
learning platform that parents are able to securely access. Parents are
only able to access their own child’s learning profile page. This profile page
follows the EYFS and is filled with observations and photos of the children
meeting the standard.
**The Village Pre-School works for the public benefit by having as its**
**objects the development and education of pre-school children. The**
**trustees have regard to the guidance on the public benefit issued by**
**the Charity Commission.**|
## **Additional details of objectives and activities (Optional information)**
> March **2012**
3
**TAR**
DocuSign Envelope ID: 1501CAEB-58E9-4885-AC87-ECC24EEC96A8
For the purpose of the business there was a transfer made from The Village Playgroup to the The Village Pre-School CIO dated 1st September 2018, fees and expenses have been accounted for the CIO. A reserve of £87,939 was transferred. You **may choose** to include further statements, where relevant, about: ● policy on grantmaking; ● policy programme related investment; ● contribution made by volunteers.
## Section D Achievements and performance
> March **2012**
4
**TAR**
DocuSign Envelope ID: 1501CAEB-58E9-4885-AC87-ECC24EEC96A8
Section D Achievements and erformance p We have now fully settled to our current premises; everything is running **Summary of the main** smoothly with preschool staff members and the senior management of **achievements of the charity** the club. **during the year** Days are now 08.30am – 3.00pm (term time) Breakfast Club 08.00am – 08.30am Website, social media and good word of mouth has helped us to maintain a steady amount of families using our services at the setting, with a healthy waiting list. **Special Needs –** We continue to cater for children with special needs, as the year ended, we had more children with additional needs than we had ever had before which accounts for the large level of grant funding and other income we received from Waltham Forest. We have now hired a Sendco Ailsa Betts that supports parents and children. We receive continued support from the Area Senco throughout the year. **Forest School –** Indra is our Forest School Leader - Level 3. The Forest School sessions that we currently offer are: Monday AM, Wednesday AM & PM and Friday PM. Forest school sessions are taking place whatever the weather. Staff have noticed that communication and behaviour is better outside, and the SEND children are generally more relaxed. **Outings -** Outings remain on hold due to ongoing pandemic restrictions. **Extra Curriculum -** Petite Productions continued to provide Music sessions for the children every week which was at an additional cost. **Events –** Other events include, Halloween party, Christmas activity day, spring activity day, pancake day, Chinese New Year, Mother’s Day tea party. There were also termly parent consults. 30 Hour Funding continued. Some parents now pay their fees using taxfree childcare and others continue to use childcare vouchers. **Recruitment** - A new Head of Preschool was appointed, Julia SavageWilson is a qualified teacher. Beth Aggus was promoted to Deputy Head of Preschool. Ailsa Betts was appointed as SENDCo. Simone Fontaine was appointed as Preschool Administrator.
> March **2012**
5
**TAR**
DocuSign Envelope ID: 1501CAEB-58E9-4885-AC87-ECC24EEC96A8
## **Section E Financial review**
The Pre-School holds a contingency fund of around £64,000 in a savings **Brief statement of the** account to act as a safety net for emergencies and possible **charity’s policy on reserves** redundancies if the business were to close. The Village Pre-School is now online, set up with banking to access and track parents’ payments for fees.
**Brief statement of the**
## **Details of any funds materially**
## **in deficit**
## **Further financial review details (Optional information)**
We have experienced a significant increase in expenses, particularly in You **may choose** to include PAYE, as a result of a surge in the number of children attending our additional information, where preschool. relevant about:
● the charity’s principal sources of funds (including any fundraising);
● Furthermore, our preschool underwent a comprehensive rebranding sources of funds (including any initiative. We enlisted the expertise of various consultants to guide us fundraising); through this process, which involved developing new policies, designing ● how expenditure has fresh logos, and creating effective marketing materials. supported the key objectives of the charity; ● investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** Melissa Richards-Clack **Full name(s) Position (eg Secretary, Chair, etc)** Chair
**Date** June 28, 2023
> March **2012**
6
**TAR**