2023-03-31-accounts - Little Acorns Preschool Kingsmere

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Trustees’ Annual Report for the period

From 01.04.2022 Period start date To 31.03.2023 Period end date Charity name: Little Acorns Pre-school Kingsmere

Charity registration number:1179500

Objectives and Activities

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SORP reference
Summary of the purposes of Para 1.17 The charity works for the public benefit
the charity as set out in its having as its objectives the
governing document development and education of children
and young people, in particular by
promoting their education and parental
involvement, promotinh their health and
well being, and providing services to
support them and their parents/ carers.
Summary of the main Para 1.17 and The pre-school provides flexible (am,
1.19
activities in relation to those pm or full day) educational sessions for
purposes for the public children aged 2 to 5 years old, during
benefit, in particular, the term time only. We believe in helping
activities, projects or young people develop into confident
services identified in the individuals by providing a wide range of
accounts. practical and fun activities to inspire
them to investigate, explore, learn and
have fun. Children are given the
opportunity to join Rugby tot sessions
and sing and sign. We also had ZooLab
bring in lots of animals for the children
to explore.
Statement confirming Para 1.18 All trustees are directed to the Charity
whether the trustees have Commission website to gather more
had regard to the guidance information about joining as a trustee.
issued by the Charity
Commission on public
benefit
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Additional information (optional) You may choose to include further statements where relevant about:

SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38

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Policy on social investment
including program related
investment
All volunteers make time contributions
Para 1.38 to the pre-schoo joining in with
Contribution made by fundraising activities, attending
volunteers meetings ( online and in person) and
supporting staff running activities for
the children.
Volunteers currently consist of our chair
of committee that comes in to spend
time completing activities with the
children. We also have an ex parent that
comes in and volunteers on a regular
basis.
Other
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Achievements and Performance

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SORP reference
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SORP reference	SORP reference	SORP reference

Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Little Acorns Pre-school were visited by ofsted in February 2022 where we received a rating of good. Prior to this we received support from the local authority to support us in achieving this outcome. After this outcome we no longer required this support. Numbers on roll were high and the number of staff was increased to meet the high demand. We continue to have a large waiting list for the next academic year. We have a large number of SEN children on roll and staff are continuingly taking extra training in order to support all of the children’s needs. We have employed a new SEN practitioner to help support the children that require extra support. We continue to work closely with other professionals and are regularly recomemended by other professionals supporting families of children with SEND

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41

Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The majority of income came from government funding.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	We have a contingency fund to cover the costs of staff redundancies. Any additional reserves are used for any of the following: to cover fluctuations in demand/ income, supporting children in the setting with special needs, funding staff training, long term sickness.
Amount of reserves held	Para 1.22	£15,000
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	Due to new pre-schools opening in the area we have had concerns but continue to have a large waiting list.

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	The majority of our funds come from fees both from the parents and the funding we receive from the local authority for 3 and 4 year olds and the 2 year old funding. We also hold fundraising events and use the money raised to buy new resources.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46	The level of funding for Early Years Settings is not increasing in line with the increase to the National Minimum wages. Funding for 2 year olds with working families are also coming in and more settings starting to offer places to two year olds.
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Early Years Alliance Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	AGM held, parents invited and terms of office for officier positions held.

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51	Trustees directed to Early Years Alliance website.Signed up through Educare facility for training.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	Good relationship between committee and staff of the pre-school. Trustees are invited into the pre-school for meetings during the day to meet with the staff.
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

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Charity name Little Acorns Pre-school Kingsmere
Other name the charity uses
Registered charity number 1179500
Charity’s principal address Little Acorns Pre-school Kingsmere
Kingsmere Community Centre
Whitelands Way
Bicester
OX26 1eg
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Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Nicola Oakley Chair
2 Tracy Baker Secretary
3 Chanelle Nandlal Treasurer
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5
6
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– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	Chanelle Nandlal
	Treasurer
	19 December 2023
	19 December 2023

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Lrttle Acoms Preschool Kingsme On accounts for thé year ended 31 March 2023 Charity no lif any) 1179500 Set out on pages I report to the trustees on my examinalion of the accounts of the above Charity {"the Trust") for the year ended 3110312023. Responslbllltles and AS the charrty trustees of the Trust, you are responsible for the preparation basis of report 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 ¢arried out under section 145 of Ihe 2011 Act and in carrying out my examination, I have followed the applicable Dire¢tions given by the Charity Commission under section 145151(bl of the Act. I have completed my examination. I confimi that no material matters have come to my attention (other than that disclosed below ') in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were nol kept in accordance wilh section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order lo enable proper understanding of the accounts to be reached. Please delete the words in the brackels if they do nol apply. Slgned: Date: 3ts/ii/ ioL3 Name: Elaine Johnson FCCA Rèlevant professional qualificationls) or body (if any): Member of Association of Chartered Certified Accountants Address: Chapman Worth Ltd 2 The Old Estate Yard, East Hendred OX12 8JY IER October 2018

Section B Disclosure Only complete if the examiner needs lo highlight matters of concern (see CC32, Independent examination of charity arKounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to dlsclose. IER October 2018

Chopman Wixh Profit and Loss Little Acorns Preschool Kingsmere Forthe yearended 31 March 2023 Tradin Income Councllfundinz orher Re¥enut 146,023 1213 22.911 Sales 23,228 T•tslTv•rfln¢in( 170.464 170004 Cost of Sal•s C¢siofGoods Sold 6.633 01ct Expensts T•Ic0#to1 Sal 1.70L 1,501 9JJ4 Gr05s Profft 162219 161ts70 eratln Ex Athtriisln8& M¥rkeiin enses 480 O•nk Feès Employers F4•fjon•llnsurnnce IT Softw•rndC¢wunwbl 1,417 2.441 Leyl Expenstt Penslonscosts 4,LC 1,801 iJ64 Prfntlry&5ts11¢y*ry Rent 347 14,973 24,973 S•l•rfei Li0.6 St¥ifTFilnln8 979 961 1.502 Unlfo Tai•l Qp•ritln¢E¥••th i45.S 147.926 Met Proflt 17.Q7S 13.744

Chalwwn Worth Balance Sheet Little Acorns Preschool Kingsmere As at 31 March 2023 31 MAA2013 JLIIIJ12tr22 Assets O•nk LITfLEACONSPRESCHOOLKINGSM 36.862 3662 20,643 20,643 T•t•lB•tyk TotlA5Mts 36A 20,643 Llabllitle5 Cuvreni L1111 PenslonsPayablt Tot•lCuvr•rfLl•bl4ths 855 855 iss NetAssets 36 19,717 CurrentYt*rEarnin 17.075 496 RetalnedEamlny Totsl Equlty 19,717 36 LS,189 19,717