## **Trustees’ Annual Report for the period** ## **From 01/09/23 to 31/08/24** ## **Charity name: Little Acorns, Crossgates** ## **Charity registration number: 1181630** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The aim of Little Acorns is to advance the
education and development of pre- school
children in Crossgates & the surrounding
areas, through the medium of the English
language.
This is done by:
a) providing high quality childcare in a
safe and modern environment;
b) Focus on development of the
Childrens social, emotional,
physical, and creative skills, through
play and good childcare practices
c) arranging other charitable activities
in order to help parents support their
children’s education.
d) providing provision for a 2+ setting
as defined by Powys County
Council| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Little Acorns provides education and
childcare for children 3+ via government
funding term time, a 2YO room and running
holiday clubs for 2–11- year-olds.
The focus is the provision of reliable, high-
quality care at affordable prices for the local
area. Concentrating on the
individual needs of each child and family, to
ensure the children reach their full potential
through a variety of challenging planned
activities.
Little Acorns also occasionally hosts public
fun events to promote its name in
the local area, support the community and
fund raise.| |Statement confirming
whether the trustees have|Para 1.18|Confirmed. The setting provides benefit for
all the children within the setting, their| 1 |had regard to the guidance
issued by the Charity
Commission on public
benefit||families and the wider community. By
offering high quality, affordable childcare
the setting ensures Children in the local
area have access to safe and secure
childcare whilst their families are able to
return to work to provide benefit in the local
community. The setting also provides
employmentfor6 staff.| |---|---|---| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| ||SORP reference|| |Policy on grant making|Para 1.38|No grant making is made by Little Acorns
at this time nor planned in the future.| |Policy on social investment
including program related
investment|Para 1.38|All policies with regard to the running of the
setting or handling of its finances
are in accordance and supported by the
local authority and Care Inspectorate
Wales| |Contribution made by
volunteers|Para 1.38|Volunteers are welcomed at the setting but
require an enhanced DBS and relevant
references to ensure safeguarding of
clients.
Trustees of the charity are all volunteers
and provide their time without payment.| |Other||Any investments or purchases made must
relate to the aims of the CIO and
the best interests of its users.| ## **Achievements and Performance** SORP reference 2 |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|The Children in the setting have all
received excellent childcare during the
years and enjoyed learning and
celebrating:

World Book Day

Mother Day

Fathers Day

St Davids Day

Cancer Bake Day

Sports day

Christmas

Children in Need
Several trips were made during the year
which the children and staff thoroughly
enjoyed.
The staff completed numerous training
course and engaged with the local
authority and outside agencies.
Holiday club has continued to run providing
care for 2-11 years.
During the year the 2-year-old room which
was new in March 2022 developed and
took on more children. This new room
provides additional childcare for younger
children further increasing the abilities for
families in the local area to access high
quality and affordable childcare.| |---|---|---| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|N/A| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|N/A| |Investment performance
against objectives|Para 1.41|N/A| |Other||N/A| 3 ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the year the Charity had funds
of £48,203 this was an increase in the year
of £25,549
The increase was driven by:

increased usage particularly of the
new 2 year old room which
increased fee income.

Increased rates paid by
Government and parents to cover
inflation the increase cost of which
was largely already absorbed in the
previous year leading to higher
margin

~£6k of fees that were outstanding
from the prior year were paid within
this financial year
In addition in general cost was reduced
especially on discretional items following on
from the deficit in the prior year to ensure
that cash balance increased back to
previous levels.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Little Acorns has made the decision to
continue to hold £12,000 to ensure staff
wages and bills can be paid in case of any
enforced closure.| |Amount of reserves held|Para 1.22|£12k| |Reasons for holding zero
reserves|Para 1.22|N/A| |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|N/A| ## **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|Funding comes from Government and local
council related to the “Childcare offer for
Wales” in addition grants are received from
local authority for specific applications e.g.
for new equipment. Parents also pay fees
not covered by the childcare offer including
holiday club which runs outside of the usual
school term.| |---|---|---| |Investment policy and
objectives including any|Para 1.46|Any investments or purchases made must
relate to the aims of the CIO and
the best interests of its users.| 5 |social investment policy
adopted||| |---|---|---| |A description of the principal
risks facing the charity|Para 1.46|Key risks are:

Parents do not pay their top up
invoices resulting in loss of income.

Keeping and retaining high quality
staff to provide provision.

Any changes to government policy
on childcare funding as large
amount of the income relates to
government funded childcare.| |Other||| 6 ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|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|Volunteers.| ## **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|All trustees must hold an enhanced DBS as
registered with CIW as Registered
Individuals.| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|n/a| |Relationship with any
related parties|Para 1.51|None| |Other||| ## **Reference and Administrative details** |Charity name|Little Acorns| |---|---| |Other name the charity uses|N/A| |Registered charity number|1181630| |Charity’s principal address|Grounds of Crossgates CP School
Crossgates,
Llandrindod Wells,
Powys
LD16RE| ||| 7 **Names of the charity trustees who manage the charity** |1
2
3|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Sarah Jarman|||| ||Clare Haslam|||| ||Rebecca Price||Appointed 13/9/23|| – Corporate trustees names of the directors at the date the report was approved **Director name** None Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year **|| |---|---|---| |None||| 8 ## **Funds held as custodian trustees on behalf of others** Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a 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)** Rebecca Pritchard (Manager/Person in Charge ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details n/a ## Other optional information n/a 9 ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** S. Jarman **Full name(s)** Sarah Jarman **Position (eg Secretary,** Trustee **Chair, etc) Date** 13/11/24 C Haslam Clare Haslam 10 **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name **members of** Little Acorns, Crossgates **On accounts for the year** 31 August 2024 **Charity no** 1181630 **ended (if any) Set out on pages** 12 and 13 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/08/2024.** - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation of **basis of report** 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 carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent examiner's** I have completed my examination. I confirm that no material matters have **statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ **Date:** 21 November 2024 **Signed: Name:** Susan Davies **Relevant professional** MAAT **qualification(s) or body (if any): Address:** PAVO, Unit 30, Ddole Road, Llandrindod Wells, Powys, LD1 6DF 11 ## **Little Acorns 1181630** ## **RECEIPTS AND PAYMENTS ACCOUNTS** ## **1 September 2023 to 31 August 2024** |**Receipts**
PCC Term Funding
PCC / PHB other Income
LA and WAG Funding
Parent Funding
Uniforms
School Meals
Other Income
**TOTAL receipts**
**Payments**
Salaries & oncosts
Training
DBS
Utilities
Telephone & Broadband
Repairs & Renewals
Insurance
Stationary / Consumables
Equipment
Governance
PCC School Meals
Snacks
Uniform Purchase
Trips / Events
Play Equipment & Craft
Outdoor Environment
**Total Payments**
Total surplus / (deficit)
Cash Fund B/Fwd
Cash fund C/Fwd|**General Funds**
**Restricted**
**Funds**
**Total 2024**
**£**
**£**
**£**
-
30,926
30,926
9,672
9,672
83,585
83,585
66,702
66,702
188
188
4,822
4,822
2,095
2,095
**167,064**
**30,926**
**197,989**
112,353
30,926
143,279
-
-
15
15
5,461
5,461
1,102
1,102
351
351
529
529
1,207
1,207
1,106
1,106
1,192
1,192
6,359
6,359
3,310
3,310
-
-
3,314
3,314
4,876
4,876
340
340
**141,515**
**30,926**
**172,441**
**25,549**
**25,549**
**22,654**
**22,654**
**48,203**
**48,203**|**Total 2023**| |---|---|---| |||**£**
23,369
16,051
54,134
48,538
88
2,193
-| |||**144,373**
136,559
516
105
3,685
991
1,819
486
2,063
3,374
290
2,955
4,166
1,120
5,558
7,075
972| |||**171,736**
**(27,363)**
**50,017**| |||**22,654**| 12 ## **STATEMENT OF ASSETS AND LIABILITIES** ## **1 September 2023 to 31 August 2024** |**Cash Assets**
Bank Accounts - Barclays 43132269
Bank Accounts - Barclays 53230228
**Debtors**
**Assets Retained for Charity's own use**
Computer & Printer
3 x iPads
Smart TV
Desk, Filing Cabinet & Office Essentials
Educational Resources
Childrens Tables & Chairs and other furniture
Games Consoles
Outdoor Equipment inc Bikes
Kitchen Resources
Robot Lawnmower
**Liabilities**
HMRC
NEST
PAVO IE
Accounts approved by:
**Chair**
Print Name:
Signature
Date|**Cash Assets**
Bank Accounts - Barclays 43132269
Bank Accounts - Barclays 53230228
**Debtors**
**Assets Retained for Charity's own use**
Computer & Printer
3 x iPads
Smart TV
Desk, Filing Cabinet & Office Essentials
Educational Resources
Childrens Tables & Chairs and other furniture
Games Consoles
Outdoor Equipment inc Bikes
Kitchen Resources
Robot Lawnmower
**Liabilities**
HMRC
NEST
PAVO IE
Accounts approved by:
**Chair**
Print Name:
Signature
Date|**31/08/2024**
**£**
4,474
43,729
**General**
**Funds**
**Restricted**
**Funds**
**Total 2024**| |---|---|---| |||-
-
-
**General**
**Funds**
**Restricted**
**Funds**
**Total 2024**| |||5,054
-
5,054
599
-
599
200
200| |||| |||| |||| |||| |||| 13