## **Trustees’ Annual Report for the period** ## **From: 01.04.22 Period start date To: 31.03.2023 Period end date** **Charity name: Kinnerton Little Acorns Charity registration number: 1185470** ## **Objectives and Activities** ||| |---|---| |Summary of the purposes of the
charity as set out in its governing
document|We are committed to providing a caring and stimulating
environment for children to thrive and develop in. We aim
to provide a vital service to parents/carers who require the
care for their children both inside and outside of normal
school operating hours.| |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.|Kinnerton
Little
Acorns
provides
a key
role
for
parents/carers who need childcare hours during term time
and now into holiday periods.
Kinnerton Little Acorns is open for 4 separate sessions and
these sessions are broken down into:
(1) Breakfast Club 07:45 – 09:00;
(2) Playgroup 09:00 – 11:25;
(3) Wraparound Care 11:30 – 15:00; and
(4) Afterschool Club 15:00 – 17:55.
When children attend Breakfast Club, they are dropped off
by parents/carers and enjoy a healthy breakfast and some
time to play with friends before being taken to their
classroom in Ysgol Derwen to start their school day.
Children in our Playgroup/Early Entitlement sessions arrive
at 9am when they are dropped off by their parents/carers.
Children enjoy a morning of activities and play. Children
receive a snack during our session and outdoor play is
encouraged where possible. Children are then either
collected by parents/carers at 11:25 or they stay with us for
our Wraparound Care session which is 11:30 – 15:00.
When children attend Wraparound Care, they are collected
from the Nursery classroom by our staff at 11:30 and
escorted to our building where they remain for the rest of
the session until 15:00 when they are either collected by a
parent/carer or they stay with us for Afterschool Club.
A typical session for Wraparound Care involves children
independently removing their coats and bags when they
arrive and finding their picture to add to the Little Acorns
tree (which operates as our register), the children are then
escorted back to the main school hall to eat their dinners.| ||Once the children have eaten their dinner and returned to
our building we allow the children to explore all areas
during their session. Our Childcare Leads encourages
learning and play opportunities and the children are
encouraged to explore and make their own play.
When children attend Afterschool Club, they are collected
from their classrooms at the end of the school day by our
staff and escorted to our building where they enjoy a
healthy snack and have the opportunity to take part in any
activities organised by our staff or they can free-play.
Children are then collected by parents/carers anytime up
until 17:55. Once all children are safely collected, the staff
clean the club and leave to return home.| |---|---| |Statement confirming whether
the trustees have had regard to
the guidance issued by the
Charity Commission on public
benefit|The Trustees intend to continue their current strategies of
maintaining the Charity’s position in a competitive market
by investing to provide high quality care. Achieving a high
standard of childcare is a constant aim whilst maintaining
the breadth and depth of the activities provided. Staff
frequently attend training to ensure our service is always to
the standard expected and this is fully supported by the
Trustees.| ## **Achievements and Performance** ||| |---|---| |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.|Our sessions are still operating at full capacity/near full
capacity for Breakfast, Afterschool and Wraparound. Our
sessions for Playgroup are still gaining numbers having only
been in operation since January 2023.
It is a delight to see our building in use from 7:45 – 17:55
each day with various sessions.
Our staff enjoy the variety of sessions and our children
enjoy coming to our sessions. Parents/carers speak so
highly our of service to the community. We frequently have
a waitlist for parents/carers who wish to send their child/ren
to our club.
By having our Playgroup/Early Entitlement in operation, this
allows children to become familiar with Ysgol Derwen’s
surrounds and allows for a smooth transition into the
Nursery Class.
Our Wraparound Care sessions allow children to
experience a normal length school day and promotes their
development and independence in readiness for moving to
Reception Class.
In March 2023 we were successful in obtaining a Grant for
the installation of a new outdoor classroom together with
other play equipment outside. They have been a great
addition to our garden space and allow for a more
outdoor/indoor free flow environment.| ## **Financial Review** |Review of the charity’s financial
position at the end of the period|Following completion of our Year End Accounts to 31
March 2023, Kinnerton Little Acorns has amounted net
income of £70,415. Around £141,364 was received in fees
for childcare sessions from FCC, parents/carers and
childcare voucher schemes.
Kinnerton Little Acorns received donations in the amount
of £48,179 for which £41,174 is being held in a savings
account for emergencies/redundancy situations.| |---|---| |Statement explaining the policy
for holding reserves stating why
they are held|To reinvest in the club and to improve childcare and to
protect the staff should there be any unexpected closures.| |Amount of reserves held|£41,174| |Reasons for holding zero
reserves|N/A.| |Details of fund materially in
deficit|N/A.| |Explanation of any uncertainties
about the charity continuing as
a going concern|N/A.| ## **Structure, Governance and Management** |Description of charity’s trusts:|| |---|---| |Type of governing document
(trust deed, royal charter)|**Constitution**| |How is the charity constituted?
(e.g unincorporated association,
CIO)|**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|**Election to post by existing trustees based on**
**interested parties**| ## **Reference and Administrative details** |Charity name|Kinnerton Little Acorns| |---|---| |Other name the charity uses|n/a| |Registered charity number|1185470| |Charity’s principal address|Ysgol Derwen
Main Road
Higher Kinnerton
CH4 0AJ| **Names of the charity trustees who manage the charity** |1
2
3
4
5|**Trustee name**|**Office (if any)**|**Dates acted if**
**not for whole**
**year **|**Name of person (or body)**
**entitled to appoint trustee (if**
**any)**| |---|---|---|---|---| ||Fallon Turrisi|Chair||| ||Rachael Battersby|||| ||Richard Jones|||| ||Christine Leonard|Treasurer||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name n/a** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year **|| |---|---|---| |**n/a**||| |||| |||| |||| |||| |||| ## **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 ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **n/a** ## **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**|Fallon Turrisi|Christine Leonard| |---|---|---| ||Fallon Turrisi|Christine Leonard| ||
Chair|Treasurer| ||23rdJanuary 2024|| ||23rdJanuary 2024|| ## **Profit and Loss** ## **Kinnerton Little Acorns** ## **For the year ended 31 March 2023** |**Profit and Loss**
**Kinnerton Little Acorns**
**For the year ended 31 March 2023**|||| |---|---|---|---| ||**2023**|**2022**|**2021**| |**Turnover**|||| |Interest Income|473.62|-|-| |Sales - childcare fees|141,363.75|97,296.38|15,943.50| |**Total Turnover**|**141,837.37**|**97,296.38**|**15,943.50**| |**Cost of Sales**|||| |Consumables|12,413.42|7,940.11|243.31| |Direct Wages|83,933.37|46,629.93|7,975.48| |**Total Cost of Sales**|**96,346.79**|**54,570.04**|**8,218.79**| |**Gross Profit**|**45,490.58**|**42,726.34**|**7,724.71**| |**Administrative Costs**|||| |Advertising & Marketing|-|-|71.99| |Audit & Accountancy fees|788.64|799.96|282.00| |Cleaning|-|200.00|339.44| |Depreciation Expense|9,992.43|-|-| |General Expenses|-|65.00|-| |Insurance|775.88|701.90|589.57| |IT Software and Consumables|1,071.00|1,161.19|354.08| |Legal Expenses|118.00|70.80|738.00| |Pensions Costs|1,011.37|124.82|31.10| |Printing & Stationery|-|271.22|16.25| |Rent|10,926.00|-|-| |Salaries|24,255.60|22,296.39|18,732.48| |Staff Training|(123.00)|183.20|-| |Subscriptions|63.48|473.11|48.75| |Telephone & Internet|997.89|777.90|1,677.95| |**Total Administrative Costs**|**49,877.29**|**27,125.49**|**22,881.61**| |**Operating Profit**|**(4,386.71)**|**15,600.85**|**(15,156.90)**| |**Other Income**|||| |Donations received|48,178.57|-|2,000.00| |Grant income|26,623.56|1,901.00|1,243.24| |HMRC Furlough income|-|-|1,655.29| |**Total Other Income**|**74,802.13**|**1,901.00**|**4,898.53**| |**Profit on Ordinary Activities Before Taxation**|**70,415.42**|**17,501.85**|**(10,258.37)**| |**Profit after Taxation**|**70,415.42**|**17,501.85**|**(10,258.37)**| Profit and Loss Kinnerton Little Acorns 19 Jan 2024 Page 1 of 1 ## **Balance Sheet** ## **Kinnerton Little Acorns As at 31 March 2023** |**Balance Sheet**
**Kinnerton Little Acorns**
**As at 31 March 2023**|**Balance Sheet**
**Kinnerton Little Acorns**
**As at 31 March 2023**| |---|---| |**31 MAR 2023**
**31 MAR 2022**
**31 MAR 2021**|| |**Fixed Assets**|| ||**Tangible Assets**| ||Computer Equipment
429.00
-
-| ||Less Accumulated Depreciation on Computer Equipment
(107.25)
-
-| ||Less Accumulated Depreciation on Office Equipment
(9,885.18)
-
-| ||Office Equipment
39,540.70
8,291.70
-| ||**Total Tangible Assets**
**29,977.27**
**8,291.70**
**-**| |**Total Fixed Assets**
**29,977.27**
**8,291.70**
**-**
**Current Assets**|| ||**Cash at bank and in hand**| ||KINNERTON LITTLE ACO
21,673.25
18,545.06
3,101.83| ||KINNERTON LITTLE ACO#001
41,173.62
-
-| ||**Total Cash at bank and in hand**
**62,846.87**
**18,545.06**
**3,101.83**| |**Total Current Assets**
**62,846.87**
**18,545.06**
**3,101.83**
**Creditors: amounts falling due withinone year**|| |Accounts Payable
118.21
3,025.00
-|| |PAYE Payable
908.68
2,429.53
(679.55)|| |Pensions Payable
5.80
5.80
5.80|| |Rounding
98.60
99.00
-|| |**Total Creditors: amounts falling due within one year**
**1,131.29**
**5,559.33**
**(673.75)**|| |**Net Current Assets (Liabilities)**
**61,715.58**
**12,985.73**
**3,775.58**|| |**Total Assets less Current Liabilities**
**91,692.85**
**21,277.43**
**3,775.58**|| |**Net Assets**
**91,692.85**
**21,277.43**
**3,775.58**
**Capital and Reserves**|| |Current Year Earnings
70,415.42
17,501.85
(10,258.37)|| |Retained Earnings
21,277.43
3,775.58
14,033.95|| |**Total Capital and Reserves**
**91,692.85**
**21,277.43**
**3,775.58**|| 19 Jan 2024 Page 1 of 1 Balance Sheet Kinnerton Little Acorns ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name Kinnerton Little Acorns **members of** **On accounts for the year** 31 March 2023 **Charity no** 1185470 **ended (if any) Set out on pages** 1&2 (remember to include the page numbers of additional sheets) - I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2023. - **Responsibilities and** As the charity 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 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** I have completed my examination. I confirm that no material matters have **examiner's statement** 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 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._ **Signed:**[H.Cheetham ] **Date:** 27/01/2024 **Name:** Heather Cheetham **Relevant professional** The Institute of Chartered Accountants of England and Wales **qualification(s) or body (if any): Address:** 2 The Stables, Bowling Bank, Wrexham, LL13 9QF **October 2018** 1 **IER** **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **October 2018** 2 **IER**