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2024-08-31-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. To assist in developing children’s mental, physical and moral capabilities through leisure time activities for 2-11yr through provision of pre-school, before and after school club, and holiday club.

Staff team

The staff have worked tirelessly to support the children and Charlotte in the running of Sunflowers. Charlotte has now been the manager at Sunflower Seed for 6 years and continues to do an amazing job of leading the team, communicating effectively with the committee and acting on any issues that arise within the setting.

Claire Curt has been in her role as Deputy for nearly two years however after briefly returning to do her KIT days after maternity, has found a new position elsewhere. We wish her the best with her new position. Heather has been stepping in as deputy for almost a year and has done a fantasic job. She has organised a range of fundraising events in addition to following the tasks required within her new role. She has completed her level 3 SENCO qualification.

Stacey remains as the setting administrator and Lauren has been acting Senior Nursery Nurse. They continue to support the setting brilliantly and Charlotte reports that the whole leadership team are working well and fulfilling their roles effectively.

Toni remains as the setting's cook and prepares lovely fresh meals daily at the setting which the children really enjoy.

Since the last AGM Claire Rayner joined us in September as a level 3, Deanna in May and Cara in June as support staff. They have made a great start and good additions to the team.

Committee members

I would like to thank the committee members for their hard work and commitment over the last year. For the most part of this year, we have been a very small committee and I recognise that this has meant more responsibilities for each member. Meetings have been more consistent over the past year which has been a great improvement and Ben starting the role of treasurer has had a huge impact on the committee and we are extremely grateful for his support of Sunflower Seed with all the necessary financial support. Sadly, Fiona Ram had to leave the committee due to other commitments.

Thankfully, we have recently had more volunteers willing to join the committee so that it can grow in numbers again and return to strength. We welcome officially welcome Ben and Johnathan to the committee.

I have offered to continue the role of chair until someone is able to take over.

Finances

See separate report

Fundraising

This year we have raised funds for Children in need and done a sponsored walk.

For Sunflower Seed we have raised money through our Halloween disco, a toddle waddle, a cake sale, an Easter trail and we have a winter bake sale arranged. Through this fundraising we were able to raise an amazing total of £1917.54.

Current building

Currently the building is in a poor state of repair and we hope that the new build project will commence in Summer 2025 if we recieve the grant that we have applied for.

The drains continue to cause issues for Sunflower Seed and are fixed with temporary fixes which are not sustainable long term. The issues are caused by large tree roots which need to be removed when the new build takes place. The school are currently looking into the tree situation as a matter of urgency and other trees surrounding the setting have been removed as a result of this so far.

There is also an issue with mould inside the building which requires a lot of maintenance, and the floor was fixed by a parent last year as the entrance area was rotten. Our outdoor area is also a risk as it is very uneven and not a cushioned landing for when the children fall. We have applied for funding through the tesco grant scheme to revamp the mud kitchen area and hope we will be able to sort this area soon too.

We have had new tables and chairs which were bought last year. We have also been donate a new sofa and are in the process of revamping our changing area. All of these things will have an amazing impact on the setting, staff and children.

New build

Sunflower Seed committee came to the realisation that a permanent new building as originally planned would not be possible due to funds. Therefore, a brand new temporary mobile building has been planned to replace the existing one. Plans have been drawn and costs continue to be looked at. The main stumbling block is the funding and cost. We estimate a cost in the region of £400,000 (and rising due to the cost of materials going up), and Sunflower Seed currently only has funds of approx. £150,000 that can be put towards the new build. We are hoping for some support from PCC. A range of purchase options were looked into. We will continue to consider these options when information regarding various grants has come through.

As a committee we recognise the importance of the new build in the sustainability of the setting long term however, we have found it a challenge to make serious progress due to a funding shortage.

Communications

The new website has now been up and running for over a year and seems to be working well.

Plans/objectives 2023/2024 and summary

The new build project remains the biggest challenge of the committee. We very much hope that this can go ahead during summer 2025.

I would like to thank everyone who has been involved in Sunflower Seed during the last year and most importantly the commitment of the staff in making Sunflower Seed a great place for children to learn and enjoy.

Lianne Desborough – Chair, Sunflower Seed Committee

Sunflower Seed Annual Report 2023/24

Contents:

  1. Introduction

  2. Financial Performance 2023/24

  3. Income Analysis

  4. Expenditure Analysis

  5. Cash Reserves

  6. Balance Sheet

Registered charity number: 1177943

1. Introduction:

2. Financial Performance: 2023/24 (Sept 23-Aug 24)

INCOME
Staff Costs
Provision of Service
Premises
Office
Other Expenditure
EXPENDITURE
TOTAL SURPLUS / (DEFICIT)
2023/24
253,267
-188,144
-8,037
-7,524
-4,647
-8,137
-216,488
36,779
2022/23
206,980
-196,643
-10,901
-8,029
-6,065
-3,176
-224,813
-17,834
Movement
46,287
8,498
2,864
505
1,418
-4,961
8,325
36,779 -17,834 54,612

3. Income Analysis

me Analysis
Income
Parents Fees
PCC Funding
PCC Sustainability Grant
CJRS Claims
Fundraising
Voluntary Contributions
Other
TOTAL BAU INCOME
2023/24
120,039
130,096
0
0
857
0
2,276
253,267
2022/23
114,029
83,636
7,500
0
1,013
0
802
206,980
Movement
6,011
46,460
-7,500
0
-157
0
1,473
253,267 206,980 46,287

4. Expenditure Analysis

Staff Costs
Net Wages
PAYE Tax
Pension
Recruitment
Sub Total
Provision of Service
Teaching Materials
Staff Training
Groceries/Catering
Activities
Uniform
Sub Total
Premises
Rent
Maintenance / Cleaning
Utilities
Sub Total
Office
Office Supplies
Telephone
Equipment
IT
Insurance
Fees and Licenses
Sub Total
Other Expenditure
Cost of Fundraising
Marketing
Misc. Expenditure
Bank Charges
Sub Total
TOTAL BAU EXPENDITURE
2023/24 2023/24 2022/23 2022/23 Movement
-161,156 -161,015 -141
-13,948 -22,792 8,844
-12,627 -12,642 15
-413 -193 -220
-188,144 -196,643 8,498
-814 -1,293 479
-894 -1,402 508
-6,244 -7,528 1,284
-36 -132 96
-48 -545 497
-8,037 -10,901 2,864
0 -670 670
-6,774 -6,609 -165
-750 -750 0
-7,524 -8,029 505
-801 -1,003 202
-740 -594 -146
0 0 0
0 -906 906
-891 -850 -41
-2,215 -2,712 497
-4,647 -6,065 1,418
0 -132 132
-216 -396 180
-7,789 -2,545 -5,244
-132 -103 -29
-8,137 -3,176 -4,961
-216,488 -224,813 8,325

5. Cash Reserves

rves

Cash Reserves (£)
Barclays: Main Current Account
New Barclays Current
Barclays: New Building Account

Barclays: Business Premium Account
New Barclays Savings
Virgin Money Account
Total Cash Reserves
31-Aug-24 31-Aug-23 Movement
698
40,216
5,094
0
11,651
-4,395
40,216
11,651 0
0 118,553 -118,553
119,511 0 119,511
31,322 31,322 0
203,399 166,620 36,779

6. Balance Sheet at 31 August 2024

Sunflower Seeds Balance Sheet

31-Aug-24

£
Fixed Assets
Current Assets
Deposits and Cash
162,484
Bank Account
40,914
Total
Current Liabilities
Current Assets less Current Liabilities:
Total Assets less Current Liabilities:
Long Term Liabilities
Total Assets less Total Liabilities:
Capital & Reserves
Reserves
166,620
P & L Account
36,779
Total
£ £
0
162,484
40,914
203,399
0
203,399
203,399
0
203,399
166,620
36,779
203,399

Sunflower Seed Annual Report 2023/24

Contents:

  1. Introduction

  2. Financial Performance 2023/24

  3. Income Analysis

  4. Expenditure Analysis

  5. Cash Reserves

  6. Balance Sheet

Registered charity number: 1177943

1. Introduction:

2. Financial Performance: 2023/24 (Sept 23-Aug 24)

INCOME
Staff Costs
Provision of Service
Premises
Office
Other Expenditure
EXPENDITURE
TOTAL SURPLUS / (DEFICIT)
2023/24
253,267
-188,144
-8,037
-7,524
-4,647
-8,137
-216,488
36,779
2022/23
206,980
-196,643
-10,901
-8,029
-6,065
-3,176
-224,813
-17,834
Movement
46,287
8,498
2,864
505
1,418
-4,961
8,325
36,779 -17,834 54,612

3. Income Analysis

me Analysis
Income
Parents Fees
PCC Funding
PCC Sustainability Grant
CJRS Claims
Fundraising
Voluntary Contributions
Other
TOTAL BAU INCOME
2023/24
120,039
130,096
0
0
857
0
2,276
253,267
2022/23
114,029
83,636
7,500
0
1,013
0
802
206,980
Movement
6,011
46,460
-7,500
0
-157
0
1,473
253,267 206,980 46,287

4. Expenditure Analysis

Staff Costs
Net Wages
PAYE Tax
Pension
Recruitment
Sub Total
Provision of Service
Teaching Materials
Staff Training
Groceries/Catering
Activities
Uniform
Sub Total
Premises
Rent
Maintenance / Cleaning
Utilities
Sub Total
Office
Office Supplies
Telephone
Equipment
IT
Insurance
Fees and Licenses
Sub Total
Other Expenditure
Cost of Fundraising
Marketing
Misc. Expenditure
Bank Charges
Sub Total
TOTAL BAU EXPENDITURE
2023/24 2023/24 2022/23 2022/23 Movement
-161,156 -161,015 -141
-13,948 -22,792 8,844
-12,627 -12,642 15
-413 -193 -220
-188,144 -196,643 8,498
-814 -1,293 479
-894 -1,402 508
-6,244 -7,528 1,284
-36 -132 96
-48 -545 497
-8,037 -10,901 2,864
0 -670 670
-6,774 -6,609 -165
-750 -750 0
-7,524 -8,029 505
-801 -1,003 202
-740 -594 -146
0 0 0
0 -906 906
-891 -850 -41
-2,215 -2,712 497
-4,647 -6,065 1,418
0 -132 132
-216 -396 180
-7,789 -2,545 -5,244
-132 -103 -29
-8,137 -3,176 -4,961
-216,488 -224,813 8,325

5. Cash Reserves

rves

Cash Reserves (£)
Barclays: Main Current Account
New Barclays Current
Barclays: New Building Account

Barclays: Business Premium Account
New Barclays Savings
Virgin Money Account
Total Cash Reserves
31-Aug-24 31-Aug-23 Movement
698
40,216
5,094
0
11,651
-4,395
40,216
11,651 0
0 118,553 -118,553
119,511 0 119,511
31,322 31,322 0
203,399 166,620 36,779

6. Balance Sheet at 31 August 2024

Sunflower Seeds Balance Sheet

31-Aug-24

£
Fixed Assets
Current Assets
Deposits and Cash
162,484
Bank Account
40,914
Total
Current Liabilities
Current Assets less Current Liabilities:
Total Assets less Current Liabilities:
Long Term Liabilities
Total Assets less Total Liabilities:
Capital & Reserves
Reserves
166,620
P & L Account
36,779
Total
£ £
0
162,484
40,914
203,399
0
203,399
203,399
0
203,399
166,620
36,779
203,399