2022-08-31-accounts - Edale Stepping Stones Nursery And Childcare Centre

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					SORP reference
Summary		of the purposes of			Para 1.17	To advance the education and
the charity as set out				in its		development ofchildren aged 1-11for the
governing		document				public benefit by the provision oia nursery
						pre-school, daycare facilities and out of
						school provision as set out in the
						Constitution.
						The principal purpose in establishing ESS
						is to provide a much needed safe and high
						quality childcare and eariy learning
						opportunity for young children in Edale and
						the surrounding area who would benefit
						from these opportunities. To fulfil its
						purpose, ESShas to be both affordable
						and accessible.
						The activities of the Trustees are guided by
						a series ofgovernance documents covering
						such areas as meetings, decision making,
						trustee appointment, conflict ofinterest etc,
Summary activities		ofthe main in relation to those			Para 1.17and 1.19	The 2020-2021 Annual Report detailed how ESSwas established, how premises were
purposes		for the public				identified and then granted planning
benefit,	in particular,			the		permission and listed the various benefits
activities,		projects	or			to the local community.
services		identified	in	the
accounts.						Several ofthe objectives set in 2020-2021
						for the future have been built on during
						2021-2022, including increasing the
						number of children attending, successful
						staff recruitment and continuing to forge
						links with the local primary school and the
						community.

The two senior unpaid volunteer members
ofstaff have been able to retire following
the appointment oftwo permanent paid
members ofstaff as Head and Deputy
Head ofthe Nursery. They were appointed
in June and July of2022 respectively.
The Nursery is now embedded in the local
community and receives a useful boost to
our finances from the village's charitable
activities fund.
The children attend a Forest School (within
the village itself), join in activities with the
village primary school and have attended	a
variety ofvillage events including visits to
the railway station in conjunction with
Friends ofEdale Station organisation.
The number ofchildren currently attending
ESSstands at 23.
The appointment oftwo senior staff has put
pressure on the ESSbudget but financial
performance is closely monitored and
regular financial forecasts are essential to
keeping track. Decisions are made based
on these and affordability is always at the
forefront ofconsiderations before any
expenditure is incurred,
We have held multiple fundraising public
events, including Spring, Summer and
Winter fayres on the grounds ofESS,and
as mentioned earlier ESSis now a formal
recipient ofa share offundraising activities
within the Edale community (along with the
primary school, village hall and playing
field).
We have several projects planned to
improve and enhance the facilities at
current premises, most notably some
upgrades to the garden/outdoor
environment.
We continue to be extremely grateful to
members ofthe wider Edale community
who regularly volunteer their time and
energy to help support ESS in its day to
day running and with upkeep ofthe
premises and supporting special
fundraising events.

					Public benefit:
					In order to ensure the principles of public
					benefit are at the forefront of Trustees'
					actions, this is maintained as a standing
					agenda item for all formal trustee meetings.
					The Trustees are satisfied that no harm	has
					arisen from the purposes outlined in the
					ESSobjectives; the main beneficiaries
					remain the local community, the general
					public and that no private benefit has arisen
					from any ofthe purposes or activities of
					ESS.
Statement		confirming		Para 1.18	The Trustees have had due regard for all
whether	the trustees		have		guidance from the Charity Commission	with
had regard		to the guidance			regard to all our work to date and will
issued	by the Charity				continue to have regard for the guidance	as
Commission		on public			we continue our work.
benefit

Achieve	formance
	SORP reference
		ESScontinues to provide high quality
		services at a competitive level offees.
Summary ofthe main achievements ofthe charity, identifying the difference the	Para 1.20	Appointing two senior staff at salaries which are at competitive for industry levels.
charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.		Having a childcare provision in the heart of the village saves parents and children having to travel long distances to access childcare facilities and many childrenlfamilies are able to walk to access
		ESS.
		Meals are provided by an outside agency
		following the retirement ofthe volunteer
		cook and alternative options are now being
		assessed. Similarly, since the cook also
		performed the cleaning duties, we are
		seeking to appointment a new cleaner as
		soon as possible. In the interim, the current
		ESSstaff cover all cleaning duties,
		We now hold a long waiting list for children
		hoping to attend the nursery, which is an
		indicator ofthe high quality ofservice
		provision we can offer and also an indicator
		ofthe current level ofunmet need for
		childcare services in the village and wider
		Hope Valley community.
		An ongoing and particular challenge ofa
		rural nursery is attracting new staff and
		securing staff cover at short notice where
		staff need to take an unplanned absence
		(eg. sick leave). We are currently trying to
		establish a 'bank' of potential, qualified,
		personnel, who can provide this sort of
		cover.

inanci	al Review
Review	ofthe charity's	Para 1.21	FINANCIAL REPORT
financial position at the end of the period			The trustees are pleased to present the
			charity's Receipts and Payment Account for the
			year to 31August 2022.
			The period closed with a bank balance off42k
			(2021f28k) ofunrestricted reserves. This
			represents a net receipt forthe year ofE14k.
			The income derived from fees, charged to
			parents ofchildren attending and claimed from
			the local authority (Derbyshire County Council)
			for eligible childcare hours amounted to E98k
			(2021E60k),
			The charity also benefitted from E6k {2021E6k)
			ofdonations, from individual giving and local
			organisations.
			There were no grant funding receipts this year
			(2021E10k).
			Refunds and re-imbursements ofexpenditure
			amounted tof1k(2021fNIL).
			The total income from all sources was E106k
			(2021f76k).
			The total paid staffing expenditure was E54k
			(2021E27k).The number of paid staff
			increased from three childcare practitioners,	in
			September 2021,to three childcare
			practitioners, a Head and Deputy Head of
			Centre and a cook/cleaner by August 2022.
			Premises costs amounted to E20k (2021E9k).
			The majority ofthis cost uplift was due to a full
			year rental ofthe dedicated Nursery and
			Childcare Centre. In 2021the nursery operated
			for only 3months out ofthe dedicated
			premises, the remainder ofthe year used the
			Village Hall.
			The cost ofproviding nutritious and varied
			meals, and cleaning the Centre, was f10k
			{2021f4k). These meals were cooked using
			fresh ingredients purchased locally. This
			additional cost was a result ofa higher number
			ofchildren now attending and the

							cook/cleaner position being paid from
							December 2021.
							Resources amounted to f3k (2021f4k).
							Primarily this was to buy materials for the
							children to use in their learning and play, but
							also included small items ofessential furniture
							and other supplies.
							Insurance, subscriptions to professional bodies
							and IThardware / software servicing cost just
							under f3k(2021f2k).
							The outdoor resource delivered through the
							year by the Forest School, atf2k (2021f1k),
							contributed to the improved learning and
							personal development outcomes experienced
							by the children.
							The total expenditure wasf92k (2021f48k).
Statement		explaining		the		Para 1.22	The reserves are held to fund any short-
policy for holding			reserves				term fluctuations in the cash flow, due to
stating	why	they	are	held			factors such as reductions in funding (eg
							reductions in children attending) and
							increases in costs (eg use ofagency staff
							to cover staff recruitment .
Amount	of	reserves		held		Para 1.22	f42,126unrestricted funds
Reasons for holding				zero		Para 1.22	N/A
reserves
Details	offund materially				in	Para 1.24	N/A
deficit
Explanation		ofany				Para 1.23	At 31August 2022 the trustees believed that
uncertainties about the charity continuing as a going concern							the unrestricted reserves off42k represented a strong cash position to support the continued growth and daily operation ofthe Centre and
							were confident that the charity was a going
							concern at that date.
							The nursery has continued to operate in line
							with it's purposes for almost a full year, to June
							2023.
							Unfortunately, three ofthe five members of
							staff have recently submitted their
							resignations, within the same month. The staff
							leaving include the Head ofCentre, Deputy
							Head ofCentre, and one ofthe three Childcare
							Practitioners. The charity has initiated a
							recruitment process and is in discussion with
							various agencies to try to identify suitable staff
							to cover on a temporary basis.
							As at the date ofsigning this report, the
							trustees are uncertain about the charity's
							ability to continue as a going concern.

Description	ofcharity's	ofcharity's
trusts:
Type ofgoverning		document	Para 1.25	"Foundation "Model Constitution dated
				19/06/2020.
How is the charity			Para 1.25	Constitution ofa Charitable Incorporated
constituted?				Organisation (CIO) whose only voting
				members are the Trustees.
				The management ofESSis overseen by a
				Board ofTrustees made up ofsix
				volunteers as detailed later.
Trustee selection		methods	Para 1.25	There is no formal recruitment policy,
including details ofany				prospective trustees being identified based
constitutional	provisions e.g.			on their areas ofexpertise.
election to post or name of
any person or body entitled to appoint one or more trustees				The trustees follow relevant governance policies covering such areas as role of trustees, conflict of interest, safeguarding,
				correct use offunds, terms ofreference for
				meetings and decision making, contracts of
				staff employment etc.The policies are
				reviewed as required.
				Each trustee has a set term of office and
				any new trustee is provided with the
				necessary policy documents following a
				period as an observer.
				Specific roles include Chair, Vice Chair,
				Treasurer, Secretary.

Charit name		Edale Ste	Stones Nurse	and Childcare
Other name the charit uses		N/a
Re istered charit	number	1190027
Charity's principal	address	The Old Winery,	Grindsbrook	Booth, Edale, S337ZA

Funds held as custodian	Funds held as custodian	trustees
Description ofthe assets		N/A
held in this capacity
Name and objects ofthe		N/A
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for	N/A
safe custody and
segregation ofsuch assets
from the charity's own
assets

Signed	on behalf ofthe	charity's trustees
	Signature(s)
	Full name(s)	Liam Gilligan	Rrr&c.l-
Position	(eg Secretary, Chair, etc)	Treasurer	e4'/gg
		4E

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														Receipts and payments						accounts				CC&68
													Forthe period from				01-Se -21		To			31-Aug-22
		'	-		-
~							~		.	~	~	.
													Unrestricted funds Restricted funds					Endowment funds				Total	funds	Last year
												to	Ihe nearest		E	to the nearest E		to	the nearest E			Iothe nearest K		to the nearest E
A1Recei	ts
Fees - Direct	areni		fundin											74,641									74,641	44,630
Fees - l.ocal	aulhoril		fundin					DCC						23,688									23,688	15,583
Donations -0		anisailon																						2,385
Donations - Individual															6,404								6,404	3.294
Grants																								10,520
Refunds I Reimbursements						of	ex enditure								1,211								1,211
Sub total (Gross income									forAR)					105,944									108,944	76,412
A2 Asset and investment								sales,		(see
table .
								Sub		total
						Total receipts								105,944									105,944	76,412
A3 Pa ments
Slafflng (Wages		IAgency		I		Training			I
Recruitment	etc)													53955									53955	27,082
Prenases (Rent		I Waste I Outdoor Area
Resources)														19799									19,?99	9,234
Fees Refunded																								706
Professional	I Subscripiions					I	Insurance								3 334								3334	1,683
Resources {egfor activities)															3 312								3 312	4,384
Food I Oeaning		Supplies		I	Sundries										9 97$								9,978	3,981
Forest School															1 700								1 700	1,000
Donations															82								82
								Sub		total				92,160									$2.160	48,070
A4 Asset and investment
purchases,	(see		table)
								Sub		total
				Total				payments						92,160									92,160	48,070
Net ofreceiptsl(payments)														13,784									13,784	28,342
A5 Transfers		between				funds
A6 Cash funds last				year			end							28,342									28,342
Cash funds						this year end								42,126									42,126	28,342
~		0	~							~	~		~	~ ~ e			e	~			~	~ ~
																		Unrestricted				Restncted funds		Endowment
																			funds					funds
																		to nearest			E	to nearest K		to nearest E
B1Cash	funds											Bank Balance			at 31 August	2022				42,126
															Total cash funds					42,126
												(agree balances			aviS recejtxa and permeate		acccuixi aI)
																		Unrestricted				Restricted funds		Endowment
																			funds					funds
												j.'nt, jijs						to nearest			K	to nearest K		to nearest K