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2021-08-31-accounts

Sunflower Seed is a registered charity (no. 1177943) and is run by a group of volunteers called committee members which are made up of parents/carers and other members of the local community who have skills to offer. Sunflower Seed abides by a governing document or constitution which is a rulebook which sets out how the charity will run.

Aims and activities

To advance the education of children from families living/working within Northborough and surrounding area by providing childcare facilities for children aged 2-11; 2. To assist in developing children’s mental, physical and moral capabilities through leisure time activities for 2-11yr olds through provision of pre-school, before and after school club, and holiday club.

Covid-19

The effects of the Covid-19 pandemic continued into the 2020/21 year and Sunflower Seed continued to rely on the furlough scheme to support with funds. This allowed Sunflowers to remain open and avoided further loss of funds to the charity. Gradually, the use of the furlough scheme was not needed and by February 2021 we no longer needed to make any furlough claims.

Charlotte led the team brilliantly and worked quickly to deal with any COVID related staffing issues as well as cases within the setting. Safety of staff and children was and is always Charlotte’s top priority.

Staff team

The staff have worked tirelessly to support the children and Charlotte in the running of Sunflower Seed this year. Charlotte has now been the manager at Sunflower Seed for 4 years and continues to lead the team well, communicate effectively with the committee and act on any issues that arise within the setting.

Dawn, the previous Deputy manager, left the setting and was replaced by Claire Cook. Claire has been a great deputy so far and has taken on her extra responsibilities with confidence. Claire’s previous SENCO role remains part of her Deputy duty. Heather took on a senior role and is now part of the leadership team. Stacey remains as the setting administrator

and continues to support the setting with all administrative tasks. Charlotte reports that the new leadership team are working well and fulfilling their roles brilliantly.

This year saw the appointment of Jacqui, the setting cook, to make hot lunches and tea club snacks for the children. During the periods of lower numbers attending Sunflower Seed, Jacqui worked as the setting cleaner temporarily until her position as cook could recommence. Jacqui goes above and beyond to ensure the children have delicious, hot and healthy lunches and these have been very well received by parents and children.

During the end of last year, staff contracts were changed so that no staff members had term time only contracts. This was because Sunflower Seed became an all year round childcare facility and therefore staffing was needed to cover school holidays. Sunflowers sometimes relies on bank staff to cover periods during the holidays where staff numbers are lower.

Currently Sunflower Seed is looking to appoint new level 3 and support staff at the moment.

Committee members

I would like to thank the committee members for their hard work and commitment over the last year. It has been a strange year and the current committee have still never met in person for a meeting, but we hope to do that soon.

After the last AGM, the committee saw quite a few changes in members. Gemma (previous chair) was replaced by Andrea Corner, as well as the departure of Fran Good and Karen Tarun. Leanne Wilson (secretary) also left the committee during this year. Stella Gatehouse and Antonia Rickard joined and have been fantastic additions providing great support throughout the year. John remains on the committee as treasurer and his financial assistance and skill set is invaluable. Kat is also part of the committee and has worked tirelessly on the new build project as well as being a fantastic general ‘back bone’ of the committee. We currently do not have a permanent secretary and this has been juggled between Andrea whilst other members chair the meetings. We hope to have some more committee members joining the team very soon.

Finances

Due to Covid-19, Sunflower Seed made a loss during the 19/20 year. This year the finances are more positive and normal business is resuming. By September 2021, Sunflower Seed had recorded its 6[th] consecutive month of being in a financial surplus and the last claim on the Coronavirus Job Retention Scheme was in February 2021.

The charity's cash reserves remain strong and we continue to save for our new build project in the future.

Staff wage increase/fee increase

Staff wages increased from April 2021 to be in line with the increase in national minimum wage. This closed the gap between the level 1 members of staff and the staff with higher qualifications, which meant that all wages needed to increase to remain in line with their levels of responsibilities.

With staff wages increasing, the committee decided that a fee increase was also necessary. We researched local pre-schools and looked at their costs to ensure we were still in line with local rates and decided to increase breakfast club to £4.50 and tea club to £10.50 (previously £4 and £9 respectively). Whole day pre-school also increased by £3.50 and this also now includes a hot lunch provided within the cost as compulsory (see hot lunch section below).

Fundraising

We have been unable to host fundraising events this year, besides from a Macmillain coffee morning which raised over £100 for Macmillain and £37 for Children in Need.

Current building

The mobile building is very old and has been showing wear and tear for a while now. We hope that the new building project will commence in summer 2022 (see more below).

Some parents, committee members and staff worked together to tidy and revamp the outside area which is looking great and is much more fit for purpose.

We have had some break ins to the outside area and toys stolen. One parent who runs a security business has kindly offered to install some security cameras for free which will help to keep the property and possessions safer.

New build

In the last year the new build project has been redefined due to a substantial gap in capital to fund the permanent structure. With the pandemic in full swing, we were unable to obtain further funding and grants towards the overall cost of £500,000. Therefore, as a committee we decided that the mobile replacement is a more achievable strategy and sits within our budget.

Initial designs and costings have been done however the project progresses slower than expected due to lack of volunteers willing to help

move it forward. The committee desperately want to put this project into motion but lack the time and knowledge needed for such a large scale project. We plan to look for outside help to ensure this goes ahead next Summer.

Hot lunch only setting

In June, Charlotte expressed her desire to change Sunflower Seed into a hot lunch only setting. Charlotte has a lot of knowledge in early years’ settings and had done her research into the benefits that it brings to a preschool. She presented her ideas brilliantly and the committee gave her their full support. Charlotte’s main reasons for this change were:

to promote a healthy range of fresh, hot cooked meals for each child every day

to encourage eating together and promoting table manners

to encourage children to try new foods and discourage fussy eaters

to control what foods are coming into the setting (There is a severe nut allergy and parents were often still sending in Nutella sandwiches)

to allow for the reinstatement of Jacqui as cook, which meant that staff were no longer needed to make tea club ‘tea’ (as this is not part of their role)

The vast majority of parents have been really pleased with this approach and the children are enjoying the hot lunches. Children are eating more than their parents expected they would and Charlotte has worked with the children to develop and change the menus according to the children’s ideas.

We are very pleased with Charlotte’s initiative and development of this change in moving Sunflower Seed forward as a childcare setting.

Plans for 2021/2022 and Summary

The new build project remains the biggest challenge of the committee. We very much hope that this can go ahead during summer 2022.

Sunflower Seed is back to being its normal, happy and buzzing place now that we are (hopefully) through the worst of the pandemic. Numbers are returning to normal and some days and sessions are at full capacity which is excellent.

As chair, and also a parent, I am hugely proud of this wonderful setting and everything that Charlotte and her team do to support the children in their care. I would also like to thank the committee for their continued support and giving up their free time to attend our meetings, as well as welcoming me so warmly as a new member (and somehow, Chair) at the last AGM.

I look forward to next year with excitement for what is in store for

Sunflower Seed.

Andrea Corner – Chair, Sunflower Seed Committee

Sunflower Seed

Annual Financial Report 2020/21

Contents:

  1. Introduction

  2. Financial Performance 2020/21

  3. Income Analysis

  4. Expenditure Analysis

  5. Cash Reserves

  6. Balance Sheet

Registered charity number: 1177943

1. Introduction:

2. Financial Performance: Year Sept 20 to Aug 21 (£)

INCOME
Staff Costs
Provision of Service
Premises
Office
Other Expenditure
EXPENDITURE
SURPLUS / (DEFICIT)
New Build Income
New Build Expenditure
NEW BUILD SURPLUS / (DEFICIT)
TOTAL SURPLUS / (DEFICIT)
2020/21
191,360
(149,521)
(4,715)
(5,368)
(7,586)
(2,404)
(169,593)
21,767
0
0
0
21,767
2019/20
172,601
(157,198)
(6,168)
(9,854)
(6,473)
(1,500)
(181,192)
(8,591)
2,020
(700)
1,320
(7,271)
Movement
18,759
7,677
1,453
4,486
(1,113)
(904)
11,599
30,358
(2,020)
700
(1,320)
21,767 (7,271) 29,038

3. Income Analysis

Income Analysis
Income
Parents Fees
PCC Funding
PCC Sustainability Grant
CJRS Claims
Fundraising
Voluntary Contributions
Other
TOTAL BAU INCOME
2020/21
91,077
84,144
7,500
6,650
854
790
345
191,360
2019/20
79,251
72,411
0
19,741
715
0
483
172,601
Movement
11,826
11,733
7,500
(13,091)
139
790
(139)
191,360 172,601 18,759

4. Expenditure Analysis

Staff Costs
Net Wages
PAYE Tax
Pension
Recruitment
Sub Total
Provision of Service
Teaching Materials
Staff Training
Safeguarding
Groceries/Catering
Activities
Uniform
Sub Total
Premises
Rent
Maintenance / Cleaning
Utilities
Sub Total
Office
Office Supplies
Telephone
Equipment
IT
Fees and Licenses
Sub Total
Other Expenditure
Cost of Fundraising
Marketing
Misc. Expenditure
Bank Charges
Sub Total
TOTAL BAU EXPENDITURE
2020/21
(125,637)
(15,425)
(8,410)
(48)
(149,521)
(846)
(131)
0
(3,227)
(272)
(240)
(4,715)
0
(5,368)
0
(5,368)
(2,259)
(1,234)
0
0
(4,094)
(7,586)
(21)
0
(2,246)
(137)
(2,404)
(169,593)
2019/20
(131,570)
(17,289)
(8,291)
(48)
(157,198)
(936)
(1,076)
(48)
(3,569)
(379)
(160)
(6,168)
(2,196)
(7,158)
(500)
(9,854)
(1,164)
(1,218)
0
(659)
(3,432)
(6,473)
(176)
(542)
(614)
(168)
(1,500)
(181,192)
Movement
5,933
1,864
(119)
(0)
7,677
90
945
48
342
107
(80)
1,453
2,196
1,790
500
4,486
(1,095)
(15)
0
659
(662)
(1,113)
155
542
(1,632)
31
(904)
(169,593) (181,192) 11,599

Total BAU expenditure reduced by £11,599 from the previous year.

Costs have been carefully controlled, with staff salary costs reduced by £7,677 from the previous year.

Rent expenses (to Northborough school) were not incurred during the year as there was no requirement to use the school facilities.

5. Cash Reserves

Cash Reserves (£)
Barclays: Main Current Account
Barclays: New Building Account
Barclays: Business Premium Account
Virgin Money Account
Total Cash Reserves
*
31-Aug-21
22,809
11,651
87,727
31,284
153,471

7. Balance Sheet at 31 August 2021

Fixed Assets
Current Assets
Deposits and Cash
Bank Account
Total
Current Liabilities
Current Assets less Current Liabilities:
Total Assets less Current Liabilities:
Long Term Liabilities
Total Assets less Total Liabilities:
Capital & Reserves
Reserves
P & L Account
Total
£ £
0
130,662
22,809
153,471
0
153,471
153,471
0
153,471
131,704
21,767
153,471

Sunflower Seed

Annual Financial Report 2020/21

Contents:

  1. Introduction

  2. Financial Performance 2020/21

  3. Income Analysis

  4. Expenditure Analysis

  5. Cash Reserves

  6. Balance Sheet

Registered charity number: 1177943

1. Introduction:

2. Financial Performance: Year Sept 20 to Aug 21 (£)

INCOME
Staff Costs
Provision of Service
Premises
Office
Other Expenditure
EXPENDITURE
SURPLUS / (DEFICIT)
New Build Income
New Build Expenditure
NEW BUILD SURPLUS / (DEFICIT)
TOTAL SURPLUS / (DEFICIT)
2020/21
191,360
(149,521)
(4,715)
(5,368)
(7,586)
(2,404)
(169,593)
21,767
0
0
0
21,767
2019/20
172,601
(157,198)
(6,168)
(9,854)
(6,473)
(1,500)
(181,192)
(8,591)
2,020
(700)
1,320
(7,271)
Movement
18,759
7,677
1,453
4,486
(1,113)
(904)
11,599
30,358
(2,020)
700
(1,320)
21,767 (7,271) 29,038

3. Income Analysis

Income Analysis
Income
Parents Fees
PCC Funding
PCC Sustainability Grant
CJRS Claims
Fundraising
Voluntary Contributions
Other
TOTAL BAU INCOME
2020/21
91,077
84,144
7,500
6,650
854
790
345
191,360
2019/20
79,251
72,411
0
19,741
715
0
483
172,601
Movement
11,826
11,733
7,500
(13,091)
139
790
(139)
191,360 172,601 18,759

4. Expenditure Analysis

Staff Costs
Net Wages
PAYE Tax
Pension
Recruitment
Sub Total
Provision of Service
Teaching Materials
Staff Training
Safeguarding
Groceries/Catering
Activities
Uniform
Sub Total
Premises
Rent
Maintenance / Cleaning
Utilities
Sub Total
Office
Office Supplies
Telephone
Equipment
IT
Fees and Licenses
Sub Total
Other Expenditure
Cost of Fundraising
Marketing
Misc. Expenditure
Bank Charges
Sub Total
TOTAL BAU EXPENDITURE
2020/21
(125,637)
(15,425)
(8,410)
(48)
(149,521)
(846)
(131)
0
(3,227)
(272)
(240)
(4,715)
0
(5,368)
0
(5,368)
(2,259)
(1,234)
0
0
(4,094)
(7,586)
(21)
0
(2,246)
(137)
(2,404)
(169,593)
2019/20
(131,570)
(17,289)
(8,291)
(48)
(157,198)
(936)
(1,076)
(48)
(3,569)
(379)
(160)
(6,168)
(2,196)
(7,158)
(500)
(9,854)
(1,164)
(1,218)
0
(659)
(3,432)
(6,473)
(176)
(542)
(614)
(168)
(1,500)
(181,192)
Movement
5,933
1,864
(119)
(0)
7,677
90
945
48
342
107
(80)
1,453
2,196
1,790
500
4,486
(1,095)
(15)
0
659
(662)
(1,113)
155
542
(1,632)
31
(904)
(169,593) (181,192) 11,599

Total BAU expenditure reduced by £11,599 from the previous year.

Costs have been carefully controlled, with staff salary costs reduced by £7,677 from the previous year.

Rent expenses (to Northborough school) were not incurred during the year as there was no requirement to use the school facilities.

5. Cash Reserves

Cash Reserves (£)
Barclays: Main Current Account
Barclays: New Building Account
Barclays: Business Premium Account
Virgin Money Account
Total Cash Reserves
*
31-Aug-21
22,809
11,651
87,727
31,284
153,471

7. Balance Sheet at 31 August 2021

Fixed Assets
Current Assets
Deposits and Cash
Bank Account
Total
Current Liabilities
Current Assets less Current Liabilities:
Total Assets less Current Liabilities:
Long Term Liabilities
Total Assets less Total Liabilities:
Capital & Reserves
Reserves
P & L Account
Total
£ £
0
130,662
22,809
153,471
0
153,471
153,471
0
153,471
131,704
21,767
153,471