Chair’s report 2022-2023
Welcome to Goostrey Pre-Schools Annual General Meeting, it is wonderful to see so many faces, new and old, and we thank you for giving your time to attend. What a super year it has been with so many things to celebrate! Pre-School has continued to flourish under the passionate and dedicated leadership from Nicola, the enthusiasm and commitment of the staff team and our ever evolving learning environment. Pam continues to work wonders with the garden and wow just wow. The children have gained so much from their fun and learning in the garden. Amazing nativities, trips out to sing in the park, emotional graduations….We have said Goodbye to Michaela, Kate and Jen and most recently Alisha and we have welcomed Sally (business manager), Emily and Gaynor to the teamand what fabulous additions they have all been. The business manager role continues to evolve with the needs of the business, usually finance, HR and CPD/appraisal support, she has also created a detailed and bespoke staff handbook to be shared and used with staff this academic year.
Pre-School Theft
On 1st August the trial was due to take place, but the trial ended up cancelled as the accused pleaded guilty the night before the trial. The sentencing will take place on 10th November all being well.
Staff Development and CPD
Sarah has peen promoted to Assistant manager and there is a new staffing structure which has been shared with parents, we can’t wait to see her develop in her new role Staff are all up to date with food hygiene, safeguarding and first aid. Staff also complete modules on a training site called Educare and Nicola and Sally keep a training log, which includes any compulsory and optional training.
Emily is doing her Early Years Teaching Qualification which is fantastic and we know she will do amazing
All staff had their appraisal meetings with Nicola and Sally, and now we have moved our cycle to run with the school year, Nicola and Sally will be meeting trustees to look at their objectives for the coming year, sometime this month.
Holiday Club and Part Days
Summer Club for Pre-schoolers and siblings was a massive success, as was the half days to ensure wrap around care for those transitioning to school. This provision made the world of difference to those families, and the children definitely appreciated being at PreSchool, and offered our finances a boost to support us during the Autumn term when numbers are always slightly lower.
Fundraising
It was a quiet year for fundraising. We had a very successful Easter Eggstravaganza run by a group of parents, and then again the usual Chocolate tombola at Rose Day. There will be a sponsored event at some point next year as we tend to do a big one of those every other year. If any parents have a burning to desire to run any fundraising events, all help and ideas are welcomed.
This Academic Year 2022-2023
The Pre-school is a charity and without fundraising and support from parents, it could not continue to run. Now we are a CIO, it is also only a requirement to have 3 trustees on the Charity Commission (ideally with 60 % parent representation, but not essential), we only had three on the committee for half of this year. This year we say goodbye to Jane Walton, Vikki Northwood (treasurer) and Anne-Louise Warren as chair, after seven years it is definitely time to hand over to a new team of trustees. We will be nominating and voting the successors at the AGM. Anne-Lou will stay on until the handover is fully complete and all new trustees have DBS and EY2 documents.
We are always welcome of help, especially when it comes to planning, leading and organising fundraising events. This year we have five of the six committee members retiring from office; as governed by the constitution, four of those are happy to be re elected, if the remaining committee and community feel that would be of benefit to the Preschool. Not all of the committee need to be formally recognised on the Charity Commission, but having six recognised would be the ideal, that said, should we decide a different bank is the way to go we may may decide that only having three on the charity commission is the way to go.
Finances
Finances remain strong and we have a healthy reserve account, which is recommended as best practice by the Charity Commission, as it safeguards preschool for unforeseen big changes. Our current account is also very healthy, but with numbers lower than this time last year, the accounts can fluctuate significantly. Income is lower during Autumn Term, so it never looks quite so healthy in December. Even just 2 less children a day can result in £850 less a month income, which over the year is a huge amount, so with rising staffing costs and other costs, we cannot afford to be complacent that the budget will always remain this healthy. Until 2018/2019, income was less than our outgoings every year due to such a large fluctuation in numbers. Our priorities of the available budget is staffing, CPD, and wider enrichment activities for your children. (Actual finance breakdown to follow)
A massive thanks to everyone and here’s to another successful year!
Goostrey Pre School
Receipts and pay For the period 01/08/2022 from
Section A Receipts and payments
| A1 Receipts 99,304 OperatingActivities to further Charities Objectives - Fees 24,871 FundraisingEvents & Appeals 516 Bank Interest & Compensation Support Costs 14,165 Other receipts 973 139,828 A2 Asset and investment sales, (see table). Sub total Total receipts 139,828 A3 Payments Charitable Activities 112,217 Fundraising Events & Appeals 20 Support Costs 5,749 Other Payments 3,793 Bank Interest & Compensation 52 Sub total 121,831 A4 Asset and investmentpurchases, (see table) Sub total Total payments 121,831 Net of receipts/(payments) 17,997 A5 Transfers between funds A6 Cash funds last year end 59,306 Cash funds this year end 77,303 Unrestricted funds to the nearest £ Operating Activities to further Charities Objectives - Government Income Sub total(Gross income for AR) |
to the nearest £ Restricted funds |
|---|---|
| 238 | |
| 238 | |
| 238 | |
| 238 | |
| 30,010 | |
| 30,248 |
Section B Statement of assets and liabilities at the end of t
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Categories Details
B1 Cash funds Current Account
Reserve Account
Savings Account
Total cash funds
(agree balances with receipts and payments
account(s))
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Details
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B2 Other monetary assets
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Details
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B3 Investment assets
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Details
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B4 Assets retained for the charity’s own use
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Details
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B5 Liabilities
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Signed by one or two trustees on behalf of all the trustees
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Signature
Katy Lane
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No (if any)
yments accounts
31/07/2023
To
CC16a
| Last year to the nearest £ 98,475 28,883 578 1 10 11,999 2 139,945 139,945 90,923 3 99 1 2,782 4 11,135 2 2 104,940 104,940 35,005 54,311 89,316 Notes to the Accounts |
||
|---|---|---|
| to the nearest £ Endowment funds |
Total funds to the nearest £ 99,304 24,871 516 238 14,165 973 140,066 140,066 112,217 20 5,749 3,793 52 121,831 121,831 18,234 89,316 107,551 |
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| 18,234 | 35,005 | |
| 89,316 | 54,311 | |
| 107,551 | 89,316 |
| the period | ||
|---|---|---|
| to nearest £ to nearest £ 77,303 30,248 77,303 30,248 OK OK to nearest £ to nearest £ Cost (optional) Cost (optional) Print Name KatyLane Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
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| OK | ||
| to nearest £ Endowment funds |
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| Current value (optional) |
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| Current value (optional) |
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| When due (optional) |
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| Date of approval |
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| KatyLane | 27/05/2024 | |
Independent Examiner’s report to the Trustees of Goostrey Pre School.
I report on the accounts of Goostrey Pre School for the year ended 31 July 2023 as set out on the statements of Receipts and Payments and associated notes.
Respective responsibilities of the Trustees and the examiner
The Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is needed.
It is my responsibility to:
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Examine the accounts in accordance with section 145(1) (a) of the 2011 Act.
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To follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5) of the 2011 Act); and
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To state whether particular matters have come to my attention.
Basis of Independent Examiner’s Statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Goostrey Pre School and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as members of the Goostrey Pre School concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on whether the accounts present a ‘true and fair view.’
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
1.Which gives me reasonable cause to believe that in any material respect the Charity has not met the requirements to ensure that:
: proper accounting records are kept (in accordance with sections 130 and 131 of the 2011 Act); and
: accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed H. Orme Helen Orme FCA 4 May 2024
Statement of Approval on Behalf of the Goostrey Pre School Trustees
The Financial Statements of the Charity have been prepared in accordance with the Charities Act 2011 using the Receipts and Payments basis.
The Financial Statements were approved by the Goostrey Pre School on 2024 and signed on their behalf by Jessica Moores (Chair of Trustees) and Katie Lane (Treasurer).
Jessica Moores
Katie Lane