Herons. Preschool Waterbeach CIO Amual Report and Accounts Year ended 31 August 2024 Trustees. Annual Report for the year ended 31 August 2024 Charlty fvkne - Hercts' Preschool Waterbeach CIO Registered Charity Nwnber- 1195255 Address - Building 2 (Former Woterbeach Barracks Buildir4J), Off Denny End Road, Woterbe4ch. Cambridge. C825 9PA Preschool Mamger - Angek fmpey Charity TTrJstees The Preschool 1$ marnged by a bc#Jrd of trustees. The initial trustees were appointed ot a meetin9 on 29 June 2021 and the charity was formolty re9iStered with the Charities Commission on 19 July 2021. All trustees are appointed at the A6M to serve for 2 successive years. At every A6M one third of the elected trustees shall retire from off ice. Retiriw trustees may be reappointed bLtt to encoura9e parental involvement at least 2 thirds of the charity tntstees shall normal at the time of election be family membvs. The Truste serviYb3 thro3hout the year were as follows.. Dione Kagoyire (Chair) Sezen Dursin (Treosurer) Hanrnh Veja (Secretory)- appointed 2311124 Beth Pettit John Walsh Swati Bhatia Saff ron Barker - oppointed 2311124 Pamela Trebilcock and Sheih Birke stepped down at the AGM on 23 Janry 2024 (md Fernanda Cothctsrt resi9ned on 12 Marth 2024. The Preschool has adopted the pre-school leornirwj alliance model c¢x[ut1on for a-constitution of tt Charitoble Incorporated Organisation with votiTrJ members other than its charity trustees. as its governin9 document. This was approved and signed on 19 JUFY 2021. Objects of the Chority ONI Publi¢ Benefit The oims of the Presthool ore to enhance the development ond education of thildren primarily under statutory school a9e by encouro9iry prents to sJnder$t¢Y and provide for the needs of their children.
Herons. Preschool Waterbeach ao The Charity works for the public benef it haviTr3 as its objects the development and education of Childr and people in particuhr by: l. Promotin9 their care and safety: 2. Promotin9 their education and promoting p]rental involvement: 3. Promotin9 their health and wellbeir¥J.' 4. Providiry services to support them and their families and corers 5. ProvidiTrJ services to individtAls holding membership of the CIO 6. Furtherirg the aims of the Pre-school learniThJ Alliance. 8y comprg with these objectives. the charity has rwd to the guidance ied by the Charities Commission in ensuring that its actiwties meet the kty principles of public benef it. FTr2mely that there is an identif iable benef it ond that the benef it is to the public. or a section of the publi¢. The objects as set out obove clearty indicate that there are identifiable benefits to the children attendin9 the Preschool and the truslees confirm that there ore no unreosonable restrictions on who can attend. Achievements and PerfOrn dwirg th¢ Year The setting hos continued to thrive with numbers of children Steadi incre4sir8 throu9hoLrt the year. Tri additioMI to our D)rmal term-time sessions we were also able to offer extra sessions throu9h our Easter Holidoy club ond extended our openir¥J for an odditior¥il week into the summer holidoys, both of which proved popular with both children and parents alike. We have continued to run our forest school sessions several times a week and also introdLtced a re4ular Temis f or Tots activity led by an tylernal ternis ¢¢)och. The children have embraced these activities with enthusiasm and we were fortuTh)te to secw additior]I fundiTr3 to able to invest in more outside equipment for the forest school this year. We have enioy¢d welcomiw our parents into the settiN4, through our re9ular 'Happy Hour" sessions. This 9ives them (Y¢ insight into the daity octivities their children ergage in and helps them to get to know the staff better. We also inwted a number of Mum's for o Motherfs Day Afternoon tea, with the children makirmj the butter to put on the sconesl Feedback continues to be positive both throu9h infornl comments and our year end questioThwires. Our major achievement was the arri11 of the OFsted inspectors in May and we were so pleosed and relieved when we were formally awarded an OUTSTANDING grade when the report was published in June. This 1$ o credit to how hard all the staff ar¥J committee have worked to ensure the setting is the best possible place it c<tn be. A bi9 well done to everyone! June saw the children dressed as colourful Forrots in the annLnl Woterbe4ch Feast Parade. Then suddenly it was the end of another year ond more tears and much pride os we said 9oodbye to our older children at the end of yeor 9rodwtion ceremony. The committee and staff have vlorked hard to stae additi0Th21 fundiTrJ. with a number of fundraising events includiry a near new sale. cake sales. advent auctions and feast stall. This is not just a chance to raise money but to involve pirents. staff and committee in workin9 tO9ether
Herons. Preschool Waterbea¢h ao and reoching Out to the wider commmity. We spent a portion of money rx]ised in previous years in replacing the WOr¢t carpet with new viryl f loorirmj, which not only looks omazir¥J, but has also made it much easier to keep clean and I1ntain. ¢erall. we have had a very successful year with the outl¢)ok for the comiry one continuiThJ to be positive with ever increasiN4 rtumbers of thildren attending our sessions. We are proud to be known as an'outstondivj" settiNJ but are Th)t complacent and will ctjntinue to work hard to e41sure we remain so. I am pleased to present my report and accot$ for the yeAr ended 31 Atvjust 2024. We started the yeAr with £59,293 in the k ond ended it with £54.658. Incorne amounted to £151,302 (md expenditure £155.937 resultiThJ in a deficit of £4.635. Income comprised in the main. 6ov¢rnment furKled hours of £75.388 and odditioryil fees for non- funded hours and children of £55,9C4). We also received £16.645 of odditio+NIl l-l fundiry to provide extra support and resources to qEK¢lifyir¥J children. Fundroisin9 income was similar to last year at £2,555 with our main f1mraiserS betw the toble top nearly new sale generating £558, the Feast stall £461 and the Mother's Day stoll £445. A full list of all f undraisirg activities is set out in note I to the acco(mts and a bi9 thank you to all tknt helped at these events. As ever our main expense continued to be staff costs with salaries and employer pension costs totollin9 £126,855 ond accountiry for over 80% of our total expenditure. We utilised some of our brought forward reserves tlwt had previous been set aside for property mainter¥ince by investiThJ £8.554 in replaciry the tired carpets in both rooms with hard-wearing and easy to cledn vinyl. We purchosed a signif icont amoimt of pkny resources ond outdoors equipment that will be utilised by OLf children for many years to come. I set out in the notes to the accounts a full list of the resources and equipment purchased but some of the mosl signif icont items included activity dens, conslructitm toys (md a kitthen. We were also able to fd our much-loved Tennis for Tots sessions am0(tIng to £480. hotth ard look after a botch of duck e99$ and welcomed a new member of the team in the form of a f ish. All of these hove added extra excitement and fun for the children attendiN3 Herons ond were considered well worth the mrJney.I Whilst we have token a drop in overall reserves of £4.635 this was primarity a result of investin9 in the new f looriFwJ that will for years to come ¢d g]ve on aml1 carpet cleaning costsl We stort the new acodemic ond firrfjncial yeor with a healthy sh btsltsnce of £54.658, which in line with our reseryes policy below t9teS to arowd one terni's worth of runniry costs. Julie Wentworth (FiTh)ncial Administrator)
Herons, Preschool Waterbeach CIO The Preschool should have suff icient f[dS in general reserves at the end of each term to cover the basic rwmir9 Costs for the next tem. To achieve this. we constanttry monitor the setting's f imncial SitLtI to identify any shortfall in funds over rurniry costs. As we are a re9iStered charity. ¢Jnd o non-prof it makin9 or9anisation. any surplus general funds above this is used for maintainiwj and purchasin9 equipment and providin9 activities for the children ottendiw our sessions. Any fundraising income or donations are spent either os requested by the donor or used for purchasin9 equipment. improvi19 the current premises or providir4 activities for the children. We also maintain a separnte pot of money to cover any potential closure costs or red]ncle$ should the charity cease activities. This is held withiThJ our main bank account but is sep]rated out in these accounts as an unrestricted desigrnted reserve. The adeqLllCY of this fund is reviewed ¢)n dn ttnnwl bosis and any adjustments made as necessary. The Trustees dechre thot they httve approved the trusteel report above. Si9ned on beholf of the charitys trustees. Diane Kagoyire Chairperson 11012DIS
Herons. Preschool Waterbeach ao Independent Examiner's Rew to the Trustees of Herons. Pr¢s¢haol Waterbea¢h CIO I report on the occounts of the Trust for the yo]r ernled 31 Athjust 2024. which are set out on geS 6t09. As the clwity trustees Qf the Trpjtt. you ore resFwÉble for the prep2ration of the accounts i occordance with the requirements of the Chorities Act 2011 rthe Acn. I reprt in rupect of my MIlK1t10n of the Tntsvs accounts carried out under section 145 of the 2011 A¢t and in wirg out my exomiTrJtion. I hove followed the applicable Directions given by the Cknrity Commission uThler section 145(5Xb) of the Act. Basis of independent ¢x•min¢r'$ rewt My examimtion carried out in accor&Jnte with the 9enernl Directions given by the Charity Commission. An PJ¢)MI]t10n includes a review of the occountirg records kept by the cknrity and a compjrison of the accounts presented 4Wth those re¢ords. It also inclLKies eonsideration of ary unusual items or discloJres in the accounts. and seekirs explamtions from you as trustees concerning any such nK¢tters. The procedures undertoken do not provide all the evidence that would be required in an audit and Consequent no opinion is given as to whether th¢ otcounts present a 'tru¢ and foir Vie and the report is limited to those trtterS set out in the stotement below. I have completed my lMI10n. I confirm tIMIt no terIal Thitt¢rs have come to my attention in connection with the eMi310rt which 9iv¢s me taiise to lIeve th2t in. any moterial respect.. oe¢ountirg records were not kept in accordanc¢ with s¢¢tion 130 of the Act or the accounts do not occord with the occountin9 records I have no e()ncerns ard I¥¢ come across M other terS in nnection with the examimtion to which attention should be drawn in order to ern)ble a proper understandiw of the accounts to b¢ reached. Teresa Reynolds FMAA T A T J R Accountiry Ltd. 16A Loffield Street. Orwell. Royst¢)n. $68 5QT
Herors. Preschool Waterbeach CIO Fin(llKial ACcts for the year ended 31 AW 2024 Year ended 31 eYth4 31 2024 2023 AS AT I SWEAIWi 59.293 68.201 INCOME tratiOnal Incom 55.9)) 16.645 34.062 5.412 Add1th01 nntr fiAKIiry 147,933 130.428 Other FundroisiTrYJ i)Mtions (i) 2,555 126 2.749 1.3X) 251 3.369 4.3 TOTAL DICOME 151.302 134,778 Purcl (2) (3) (4} 6.167 1,964 859 330 1.979 Z,425 570 516 Ewipmtnt & thnsLr Misc¢lbrrtth 6roceries 9.320 5.490 Prernises 3.872 9.126 274 1.494 598 67 3.872 7.430 (51 Water EctrICIty Ttkphow br¢¥hYt•)Nl Fire ond EtrICl tesPsNJ 502 15.431 13,386 Staff Sjkwi P¢nsion Contri10$ fees 124,735 2.120 519 948 117.675 1.757 1.458 128,322 121.874 Office & Ath¥histratio IA34 266 739 422 {9n 1,217 530 774 349 66 5tatior¢ry & Ir& IngJranc£ & EYA nerShiP 1•4mbvships. Ofsted & D8S Bank Fees 2.864 2,936 155.937 143.686 (4A35J (8.908) 54,658 59.293
Herons, Preschool Waterbeach ao Financial ActtS for the year ended 31 Aust 2024 Y¢ 31 Awt 31 Awl eth 31 2024 2024 vOed 31 AusvsP 2023 Total Fwds Totol Cdsh at eoDk 54.658 54.658 59.293 51.658 54.658 59.293 FVNtsEts FROM Funds 35.914 35.914 40.549 Totol 35.914 35.914 edun&]ncy esi9Mted fvttds 18.744 18.744 18,744 aOSlN6 BALA As Ift 31 Awl 2024 54.658 54,658 59,293 The acco(mts on pages 6 to 9 were approved by the trustees and signed on their behalf by: Diane Ko90 Selen D ursin Chairperson Treasurer 211.S
Herons. Preschool Waterbeach CIO Financial AcccAmts for the yetw ended 31 Au9USt 2024 Notes to the A¢¢wrts l. Yeor eThd 31 A¢wt 2024 Yedr eTrled 31 Aigwt 2023 Near New Sale Waterbeoch Feast Mothers. Doy Stall Advent Auction 558 461 351 445 469 441 584 Dog Show (Coke Stall) Eay FundraisiWAmo20n Smik Photo Commission AIFscelloreous 371 137 85 555 32 27 Winter Fair 16 89 Autumn Se()rch 365 153 Sale of Toys Christmos Cards 66 2.555 2.749 Year eThled 31 AI9LSt 2024 Big Block trolli¢s Cube Climbers Activity Dens artd Steps Ploy Kitchen Fish tonk. f ish and actessories uck e99s hatchFrg kit Craft Idoterials and reso(wces Polydron eonstruction toys Forest School 88Q and equipmnt 1.194 1.122 1,096 475 380 317 275 139 115 Footstools Aliscellonews otw toys ¢thd l&trnirg r¥sC 6.167
Herons. Preschool Waterbeach CIO Financial A¢¢¢xmts for the year ended 31 August 2024 Year ernled 31 A 2024 Total CleaniThJ, first old and hygi consumobles Staff Uniforms clothirwj Washin9 Alochine Printer 770 322 304 356 212 Advertisirg bonner/sigr 1,964 4. miscell¢ Year ended 31 ALgltst 2024 Tennis for Tots Staff Sociol E¥t5 Leaving Gifts 294 85 859 Yedr etk4ed 31 Aig 2024 FlooriThJ Air Conditionirg serviciry Window CkanirK 8554 547 25 9,126