2023-08-31-accounts

Docusign Envelope ID: 4366CD05-7A79-45D8-A404-38AF14FC954E

Trustees' Annual Report for the period

	Period start date	Period start date			Period end date	Period end date
	01	09	2022		31	08	2023
**From **				To

Section A 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

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	Millie Richards- Clack	Chair	Oct 2018 – Current	Sarah Dewar
	Mark Henderson	Treasurer	Sep2022 – Current	Evelyn Marktl
	LindsayRamsay	Secretary	Nov 2020 – April 2023	Village Preschool Committee
	Alice Finney	Member	Sep2022 – Sep2023	Village Preschool Committee
	Ellie Atkinson	Member	Sep2022 – Current	Village Preschool Committee

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

1

Docusign Envelope ID: 4366CD05-7A79-45D8-A404-38AF14FC954E

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)

Trustee selection methods

Appointed by AGM by those present

(eg. appointed by, elected by)

Additional governance issues (Optional information)

The committee are given an induction session and information pack, outlining their managerial responsibilities, giving details of important processes that need to be carried out and explaining where further information and online training can be found. The committee oversee the Preschool Manager.

You may choose to include additional information, where relevant, about:

• policies and procedures adopted for the induction and training of trustees;

The manager oversees the rest of the staff team, including the Deputy Manager, SENDCO and Administrator.

• the charity’s organisational structure and any wider The Preschool is also part of the Waltham Forest Preschool Network, a network with which the charity group, comprising other preschools in the borough which meets 6 times a works; year to share and disseminate important information regarding

•  relationship with any related management, educational matters and policy changes at both a local and national level.

• parties;

• trustees’ consideration of Committee are made aware of the various policies at the Preschool major risks and the system regarding safeguarding of children, health and safety and risk and procedures to manage management. them.

Section C Objectives and activities

The Village Preschool key objectives are the development and education of preschool children, 2+. It works for the benefit of the public, specifically the local residents surrounding the Preschool. Care and safety of the Summary of the objects of the children is of utmost importance to the Preschool, as well as establishing charity set out in its an understanding of health and well-being through sport and nutrition. governing document The Preschool provides social activities on site for the parents and families to create an inclusive and supportive community for all of the users. Outside of the pupils, the Preschool provides development and training to the team to further the aims of the EYFS.

TAR

2

Docusign Envelope ID: 4366CD05-7A79-45D8-A404-38AF14FC954E

Main Purpose - The Village Preschool 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

• Offer children and their parents a service which promotes equality and values diversity

• The Preschool does this by running sessions from 08:30am –3:00pm, Monday to Friday over 38 weeks.

Summary of the main activities undertaken for the We have space for 38 3-year-olds but sessions are usually a mix of 2–4- public benefit in relation to year-olds. As a result, we normally have 25-35 children attend each these objects (include within session, admission to preschool is based on date of birth and priority this section the statutory given to older children. This academic year saw a huge increase in declaration that trustees have enrolment and our waitlist has increased in numbers. had regard to the guidance issued by the Charity The Preschool is fully inclusive and has a number of children with Commission on public additional needs on roll. Children are helped to settle in by being benefit) assigned a Key person who writes observations on a learning platform that parents are able to view on a daily basis. Key workers write new observations every week. The Village Preschool works for the public benefit by having as its objectives the development and education of preschool 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)

Parent Volunteers are welcomed at the Preschool. Parents are invited to take part in activities and events held throughout the year. Parents are also encouraged to join the committee and play an active role there.

You may choose to include further statements, where relevant, about:

• policy on grant making;

• policy programme related investment;

• contribution made by volunteers.

TAR

3

Docusign Envelope ID: 4366CD05-7A79-45D8-A404-38AF14FC954E

Section D Achievements and performance

Summary of the main achievements of the charity during the year

Everything is running smoothly with preschool staff members and the senior management of the club with our current opening times; Days are now 08:30am – 3.00pm (term time)

Website, social media and good word of mouth has helped us to maintain a steady number of families using our services at the setting, with a healthy waiting list.

We had a number of level 2 and level 3 students come to us for workplace placements.

Special Needs – We continue to cater for children with special needs, with continued support from the area SENDCO throughout the year.

Forest School – Forest school sessions continued on Monday, Wednesday and Friday’s whatever the weather, our forest school leader Indra has supported staff to encourage them to develop an It’s a very popular session and has become a unique selling point for our preschool.

Extra Curriculum – Petite Productions provide drama activities and Sports Stars provide mini athletics.

Events – Other events include, Halloween party, Christmas activity day, pancake day, Chinese New Year, Mother’s Day tea activities and parent days, and there are termly parent consults.

Staff Training – Staff continue to use noodle online training; we also have specialists from the borough provide training necessary to enhance the care and education of the children at the setting.

FEEE 15/ 30 Hour Funding – Almost all parents pay using their FEEE hours code to access the sessions.

TAR

4

Docusign Envelope ID: 4366CD05-7A79-45D8-A404-38AF14FC954E

Section E Financial review

Brief statement of the charity’s policy on reserves

The Preschool holds a contingency fund of £65.000 in a savings account to as a safety net for emergency and possible redundancies if the business were to close down.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

• the charity’s principal sources of funds (including any fundraising);

• how expenditure has 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) Full name(s) Mrs Melissa Richards-Clack Position (eg Secretary, Chair, Chair etc) Date July 30, 2024

TAR

5

The Village Pre-School E17

Unaudited Financial Statements

Financial Period 01 September 2022 to 31 August 2023

The Village Pre-School E17

Business Information

Financial Period 01 September 2022 to 31 August 2023

Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023
_____________
Business Name	The Village Pre-School E17
Business Address	48a Greenway Avenue
	Walthamstow
	E17 3QN
Registered Charity Number	1173999
Bookkeeper/Accountant	CLP Bookkeeping & Accountancy
	18 Maple Crescent
	Trefechan
	Merthyr Tydfil
	Mid Glamorgan
	CF48 2EH
Bank	Lloyds Bank Plc
	180 - 182 High Street
	Walthamstow
	London
	E17 7JH

The Village Pre-School E17

Contents

Financial Period 01 September 2022 to 31 August 2023

Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023
_____________
	Page
Financial Statement Report	1
Income and Expenditure Statement	2
Asset and Liability Statement	3

The Village Pre-School E17

Financial Statement Report

Financial Period 01 September 2022 to 31 August 2023

---

As agreed in the Letter of Engagement dated 03 July 2024, I have prepared your Financial Statements for the year ending 31 August 2023 for your approval.

The Financial Statements comprise of the consolidated Income and Expenditure Statement, as well as a Statement of Assets and Liabilities.

The Financial Statements have been compiled using the information and explanations that have been provided to me.

You have approved the financial information provided to me for the year, and it is this information that I have used to compile the Self-Assessment and Financial Statements.

You have acknowledged responsibility for the information provided and the accuracy and completeness of it.

I have not carried out an audit of the Financial statements as I have not been instructed to do so. Therefore, I have not verified the accuracy and completeness of the information used to compile the financial statements, and I express no opinion on them.

---

Catherine Parkes CLP Bookkeeping & Accountancy

18 Maple Crescent Trefechan Merthyr Tydfil Mid Glamorgan CF48 2EH

[e-mail] 07752 023720

The Village Pre-School E17

Income and Expenditure Statement

Financial Period 01 September 2022 to 31 August 2023

Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023
_____________
	31 August 2023							31 August 2022
			£							£
Income
Fees			72,913							31,472
LBWF Funding		121,537								96,405
SENIF Funding			12,622
Income from Charitable Activities				2,906
COVID SSP				1,227
Other income				1,572							1,423
Bank Interest				326								7
Total Income			21 3 ,1 03							129,307
Expenditure
Rent			18,288								15,675
Staff Costs		150,371								131,569
Payroll & Bookkeeping				381								307
Snacks				809								900
Membership & Insurance				1,131							2,662
Subscriptions				3,478								0
Activities & Materials				3,901							9,179
Training & DBS Checks				328							1,386
Administration				9								846
Equipment				2,766							1,535
Staff Expenses				0							3,216
Cleaning				183								313
Office & IT Expenses				5,014							3,463
Marketing				1,881							1,984
Sundry Expenses				438							2,315
Legislative Expenses				4,164
Bank Charges				8 8
Total Expenditure			19 3 ,2 30							175,350
Net (Expenditure) / Income			19 ,873							(46,043)
In Year Movement of Funds
Opening Balance			95,183							141,226
Excess of Income / (Expenditure)			1 9,873							( 46,043)
Closing Balance		115,056									95,183

The Village Pre-School E17

Asset and Liability Statement

Financial Period 01 September 2022 to 31 August 2023

Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023	Financial Period 01 September 2022 to 31 August 2023
_____________
31 August 2023			31 August 2022
£			£
Cash
Current account 64,533			32,274
Savings account 64,360			64,033
Petty cash 0			0
Total Cash 128,893			96, 30 7
Other Assets/(Liabilities)
Debtors (11,415)			0
Creditors 577			( 1,124 )
Total 10,838			(1,124)

In accordance with the Letter of Engagement dated 03 July 2024, I approve the attached Financial Statements set out in pages 2 to 8 of this document.

I acknowledge my responsibility for the Financial Statements and for providing CLP Bookkeeping & Accountancy with the accurate and complete information needed for their compilation.

---

Milli Richards Chairperson The Village Pre-School E17

Date: ______

.

(HARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner s Report Report to tho tru8tO0• The Village Pre-school E17 On accounts for the year •ndod Charlty no (If any) 31 August 2023 1173999 Sgt out on pag9• Page 3- end of document I rep￿1 to the trustees on my examination of the actounts of above charity (Ihe Tru8n for tha yoar eThled Ro8pon8lbllltlM and bash of r•port A8 the chanty'8 tru8te88, you are responsible for prep8rats.on of the accounts in accordance with the requiremerrt8 of thè Charitie8 Act 2011 A￿). I report in resp8Ct of my examination of the Tru8fs accounts Carried out under se¢ion 145 of the 2011 Act and in Garying out my examination, I have followed 811 the ap￿iCable Directions given by the Charity Commission under 8ecion 1445)(b) of the A( Indep•nd•nt tThè charW8 gr088 Incm exceeded £250,000 and l am qualffied to •xamlnorfs ststement undertake the examination by being a qualffied member of lin8ert name of applicable listed body]J. Delete [ l rfnot applicable. I have cornp￿d my axamination. I confim) that no material matters have come to my attentron in connection with the examination (other than that di8d088d bel￿.) which giv88 me cau88 to beliove that in, any material respect.. the accounting record8 ¥%we not kept in accordance with 8ection 130 of the Charities Act; or the accounts dKI not accord with accounting records,. or the a¢￿Unts did not comply with the applicable requirem8nt8 conceming the fomi and content of accounts set out in the Charities (Accounts and Rep￿￿} Regulations 2008 other than any requirement that the accounts gNe a Irue and fairf view whi¢h is not a matter consid8rad as part of an independent examination. I have no concems and have come across no other matters in connection th ￿ examination to which attention should be drawn in this report in order to enable a proper urKlerstandiNJ of the accounts to be reached. . F￿&$e d8lete the Mxds in the brackets rfthey do not apply. 12 July 2024 Catherine Parke6 - CLP BookkeepiNJ & A¢¢ountancy Relevant professional qualification{s) or body IER Oct 2018

{If any): Address: 18 Maple Cre8(x)t Trefechan Merthyr Tydfil, CF48 2EH Section B Disclosure Only com￿ete if the examiner needs to highlight matenal matters of concem (see CC32, Independent examinkn'on of chanty accounts.. directions and guidan￿ for examiners). Glvo h•r• brtof detalls of any Item8 that tho examlnor to disclo•o. NIA IER Oct 2018