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 - Herc*ts' 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 thro￿3hout 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 Jan￿ry 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 comp￿￿rg with these objectives. the charity has rwd to the guidance i￿￿ed 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 inforn￿l comments and our year end questioThwires.
Our major achievement was the arri￿11 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 sta￿e 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 I￿1ntain.
¢￿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 acco￿t$ 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 f1m￿raiserS 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 f￿d 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 aml￿1 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 t9￿teS 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 SitL￿tI￿ 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 disclo*Jres 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 tr￿tterS set out in the stotement below.
I have completed my ￿lMI￿￿10n. I confirm tIMIt no ￿￿terIal Thitt¢rs have come to my attention in
connection with the e￿Mi￿3*10rt 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 ACc￿￿ts for the year ended 31 AW 2024
Year
ended 31
eYth4 31
2024
2023
AS AT I SWEAIWi
59.293
68.201
INCOME
t￿ratiOnal Incom
55.9))
16.645
34.062
5.412
Add1th0￿1 ￿nn*￿tr 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 & thnsL*r
Misc¢lbrrtth
6roceries
9.320
5.490
Prernises
3.872
9.126
274
1.494
598
67
3.872
7.430
(51
Water
E￿ctrICIty
Ttkphow br¢¥hYt•)Nl
Fire ond E￿trIC￿l tesPsNJ
502
15.431
13,386
Staff
Sjkwi
P¢nsion Contri￿10*$
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 ￿n*erShiP
1•4mbvships. Ofsted & D8S
Bank Fees
2.864
2,936
155.937
143.686
(4A*35J
(8.908)
54,658
59.293

Herons, Preschool Waterbeach ao
Financial Act￿tS for the year ended 31 Au￿st 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 eTh*d
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)
Ea*y 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¥s￿C
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