Trustees’ Annual Report for the period
From 01/09/2022 Period start date To 31/08/2023 Period end date
Charity name: Rainbow Pre-school Nursery
Charity registration number: 1189426
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Rainbow Pre-school provides care and education for children below the statutory school age in accordance with the requirements of the Early Years Foundation Stage documents (Dept. for Education) |
| 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 |
Running a Pre-school provide high quality care and education conform to requirements of EYFS and Ofsted work in partnership with parents to help children learn and develop add to the life and well-being of the local community ofer families a service that promotes equality and values diversity ofer advice and information regarding support for children and families (e.g. contacts and leafets from Children’s Centre; Family Information Service; local child minders and schools; Cheshire East Council and Dept. for Education website) |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | All Trustees have read the Charity Commission guidance and agree to adhere to it’s requirements |
Achievements and Performance
| 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 | ran 342 pre-school sessions of 3 hours, plus early drop-of provision for working parents. Reached 40 children (38 families) provided information for families in the community about Early Years education and children’s learning and development maintained and strengthened links with local primary schools and the children’s centre and other settings, to facilitate children’s transition to school |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Our policy is to set aside money where possible into a separate deposit account in the charity’s name. Rainbow trustees have decided that an amount of up to 1 years running costs would be an appropriate maximum (approx. £100k). Reserves are needed for the continued running of the pre-school in the event of a drop in income, and also for capital expenditure projects to enhance the provision for the children. |
| Amount of reservesheld | Para 1.22 | £99477 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trustdeed,royalcharter) |
Para 1.25 | Foundation 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 | Trustees are elected by being voted in and approved by the current body of trustees. Any person may apply to become a trustee of the CIO |
Reference and Administrative details
| Charity name | Rainbow Pre-school (Handforth) |
|---|---|
| Other name the charity uses | Rainbow Pre-school Nursery |
| Registered charity number | 1189426 |
| Charity’s principal address | The Youth Centre, Old Rd, Handforth, Cheshire SK9 3AZ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Jasmine Maguire | Treasurer | |||
| KirstyGuilford | Chair | |||
| TracyBratt | ||||
– 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 n/a 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
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
TM Bratt Signature(s) J Maguire Tracy Bratt Full name(s) Jasmine Maguire Position (eg Secretary, Treasurer Member trustee Chair, etc) Date 06.01.2024
Rainbow Pre-school Nursery
Income and Expenditure Account for y/e 31st Aug 2023
| INCOME |
2022 | 2023 |
|---|---|---|
| Fees | 12770.50 | 10341.40 |
| FEEE payments | 106148.43 | 129631.60 |
| Bank interest | 35.21 | 680.45 |
| Fundraising | 323.05 | 588.18 |
| Misc/refunds | 678.44 | 404.29 |
| Uniform sales | 121.00 | 24.00 |
| Total Income | 120076.63 | 141669.92 |
| EXPENDITURE | 2022 | 2023 |
| Wages inc.pensions | 88124.80 | 100243.30 |
| Wages –NI/PAYE, payslips | 7123.48 | 12240.55 |
| Milk/fruit | 1491.67 | 1630.99 |
| Materials & Equipment | 2671.35 | 6413.89 |
| Petty cash | 300.00 | 600.00 |
| Rent | 12744.00 | 8832.00 |
| Miscellaneous | 465.45 | 1396.25 |
| Stationery | 978.59 | 744.24 |
| Training | 806.00 | 2327.30 |
| Uniforms | 385.00 | 949.40 |
| Insurance | 1153.08 | 1187.68 |
| Total Expenditure | 116243.42 | 136565.60 |
| Net Income | 3833.21 | 5104.32 |
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Rainbow Pre-school (HatKfforth} On accounts for the year ended Charity no (if any) 31° August 2023 1189426 Set out on pages I rerM)rt to the trustees on my examination of the accounts of the above charity (llhe Trusf) for the year ended Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance wilh the requirements of the Charities Act 2011 ("the Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my exafflination, I have followed the applicable Directions gwen by the Charity Commission under section 145(5)Ib) of the Act. I have completed my examination. l )nr[n that no material matters have come to my attention ") in connection with Ihe examination which gives me cause to believe that in, any rnaterial respect.. accounting records Yre not kept in accordance with section 130 of the Act or the accounts do not acrA)rd the acc}unting records Independent examiner's statement I have no cOnmS 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 lo be reached. ' Pleasg delete the wonts in the brackets rfthey do not apply. Signed: Date: Name: Relevant professional qualification(s) or body (if any}: Address: 14 ertlAG IER October 2018