## **Trustees’ Annual Report for the period** **From: 1 September 2023 To: 31 August 2024** **Charity name: St Leonards Pre School Charity registration number: 292118** ## **Objectives and Activities** ||SORP
reference|| |---|---|---| |Summary of the purposes
of the charity as set out in
its governing document|Para 1.17|The aims of St Leonards Day Care, as set out in its Constitution
are:
- to enhance the development and education of children 2-5 years
of age, by encouraging parents to understand and provide for the
needs of their children through community groups, offering
appropriate play, education and care facilities, family learning and
extended hours groups, ensuring that such groups offer
opportunities for all children whatever their race, culture or religion
- to provide a stimulating and age-appropriate environment for
school children from 4-11 years old at the breakfast, after-school
and holiday clubs. Both provisions prove very popular and both
have waiting lists| |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|St Leonards offers flexible child care and development to children
aged from 2-11yrs old for 50 weeks of the year between the hours
of 07:30 to 18:00. The wraparound care comprises:
- Breakfast Club from 07:30-08:30 for all children
- Preschool session from 08:30 to 15:15 for children aged 2-5yrs
old. The activities provided in this session are aimed at
progressing each child in all aspects of their development to their
maximum potential and based on the Government’s non-statutory
curriculum guidance for the early years foundation stage,
Development Matters
- After-School Club from 15:15 to 18:00 and Holiday Club during
School Holidays from 07:30 to 18:00 which provide age and
developmentally appropriate activities for children aged 4-11 yrs old
The running and organisation of St Leonards Day Care is governed
by:
- St Leonards Day Care Constitution
- the Government’s Early Years Foundation Stage (EYFS)
Statutory Framework which sets out the standards that school and
childcare providers must meet for the learning, development and
care of children from birth to 5 yrs old| |Statement confirming
whether the trustees have
had regard to the|Para 1.18|The trustees of St Leonards Pre School have had regard to the
Charity Commission’s guidance on public benefit and are confident
that the funds received through both fees and the Government| Nursery Funding are spent in a way that benefits all of the children attending the setting. guidance issued by the Charity Commission on public benefit ## **Additional information (optional)** ## You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Policy on grant making|Para 1.38|St Leonards Pre School receives Government funding through the
Nursery Education Funding scheme. This is claimed by the
parents of the preschool children attending the setting and the
amount of funding claimed is dependant upon the number of hours
the child attends.| |Policy on social
investment including
program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|The overall management and control of St Leonards rests with the
Committee. As well as being responsible for the management of
St Leonards the Committee are also the charity Trustees of St
Leonards. All positions on the Committee are voluntary and
members are elected annually at the Annual General Meeting. No
Committee Member may be paid for services provided to St
Leonards that form part of their duties as a Committee Member and
Trustee of St Leonards| |Other||| ## **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|The flexible, wraparound care provided by St Leonards for children
aged 4-11 years old has been developed to meet the needs of the
parents and carers in the local community and beyond. Parents
are invoiced based only on the regular hours of childcare they
need, with flexibility to change these hours with 6 weeks’ notice and
extra hours can be booked providing there is availability. This
avoids parents and carers having to pay fixed day or half-day
prices, making it more affordable and open to all and ensures that it
benefits all of the children attending the setting and their families.
St Leonards has an experienced, highly qualified staff team, some
of whom have been part of the team for over 15 years. They have
extensive experience and training in supporting children with
additional needs and learning difficulties, and their families, and
have developed long-standing close working relationships with the
professionals and agencies involved in SEND (Special Educational
Needs and Disabilities)
The fundraisers on the Committee organise a variety of fund-raising
activities throughout the year such as bingo nights, cake sales and
Christmas wreath-making. These activities not only raise funds for
particular projects or resources but also offer members from the
wider community a chance to meet up. St Leonards is situated in a
small village, surrounded by 6 other small villages with few| amenities, so these events are an important link for members of these villages to get together in a warm and welcoming environment. ## **Additional information (optional)** You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising activities Para 1.41 against objectives set Investment performance Para 1.41 against objectives Other ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s financial
position at the end of the period|Para 1.21|At the end of the financial year ended 31 August 2024, St
Leonards made a surplus of £2,879. This is in line with the
average surplus over the past 7 years. Accurately
forecasting and budgeting is difficult due to the following
factors which are largely out of the management’s control:
- 78% of income was spent on salaries. The amount spent
on salaries is dictated largely by the minimum wage
increase each year and therefore difficult to predict
- 54% of St Leonards income was Government nursery
funding and 46% was fees. Income is also therefore
dictated to a considerable degree by what hourly rate the
Government sets for nursery funding
- Due to the variability of birth rates and demographics
each year, it is difficult to predict with any accuracy how
many children, of both preschool and school age, will
register with St Leonards and, of those that do, how many
hours they will require| |Statement explaining the policy for
holding reserves stating why they
are held|Para 1.22|Due to the variability of the factors cited in the section
above, it is prudent to maintain a high level of reserves
(around 50% of total funds held) to ensure St Leonards
can continue as a going concern should the gap between
the hourly rate of the minimum wage and nursery funding
widen (ie the minimum wage increase disproportionately to
the increase in nursery funding) and/or the numbers of
children on register fall| |Amount of reserves held|Para 1.22|The value of the COIF at cost is £4,853.60. The amount in
the Savings Account is £60,878.| |Reasons for holding zero reserves|Para 1.22|N/A| |Details of fund materially in deficit|Para 1.24|N/A| |Explanation of any uncertainties
about the charity continuing as a
going concern|Para 1.23|None| |**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:| |---|---|---| |The charity’s principal sources of
funds (including any fundraising)|Para 1.47|In the financial year ended 31 August 2024:
- 54% of income was Government Nursery Funding
- 46% of income was fees
This percentage split will change over the next 2 years as
the Government lowers the age of eligibility for funding and
increases the number of hours that can be claimed. It is
more likely to be a 65/35 split in favour of funding| |Investment policy and objectives
including any social investment
policy adopted|Para 1.46|| |A description of the principal risks
facing the charity|Para 1.46|- The risk of the gap between the hourly rate of the
minimum wage and nursery funding widening (ie the
minimum wage increasing disproportionately to the
increase in nursery funding) and the fact that this is out of
St Leonard’s control
- The number of children on register falling and the fact
that this is not possible to forecast, and therefore plan for,
accurately| - Difficulty in recruiting staff due to rural location of the setting and the size and demographics of the surrounding villages Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Unincorporated Association| |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 comprise:
- Family membership - parents or carers of
children who attend the setting
- Affiliate membership - individuals,
organisations or other bodies who support
the aims of St Leonards
They can join at any time throughout the
year with the agreement of the Committee
and are voted on with a proposer and a
seconder| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|St Leonards Pre-School| |---|---| |Other name the charity uses|St Leonards Day Care| |Registered charity number|292118| |Charity’s principal address|High Street
Brington
Huntingdon
Cambridgeshire
PE28 5AD| ||| ## **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 (if**
**any)**| |---|---|---|---|---| ||Jessica Melton|||St Leonards Committee| ||Sorrel Lindley||Appointed June 2025|St Leonards Committee| ||TraceyHynes|||St Leonards Committee| ||Elizabeth Jackson|||St Leonards Committee| ||Richard Holm|Secretary||St Leonards Committee| |||||| ||Michael O’Callaghan|Finance||St Leonards Committee| ||Sarah Scott|||St Leonards Committee| ||Cheryl Davey|Chair||St Leonards Committee| ||Georgia Stephan||Appointed January2025|St Leonards Committee| ||Debra Garland||Appointed December 2024|St Leonards Committee| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – 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** Description of the assets held in this capacity ## **Funds held as custodian trustees on behalf of others** 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 ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **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** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Richard Holm|| ||
Secretary|| ||20 May 2025|| ||20 May 2025|| ## St Leonard's Pre-School and Out of School Club August 2024 Monthly Accounts for the Year ending 31st August 2024 |See note
Year ending
number
31/08/2024
Cumulative YTD
£
INCOME
Fees
3
88,449.79
Educational grants
2
103,997.06
192,446.85
Hall hire
0.00
Utilities & Insurance Credits
0.00
Donations
164.00
0.00
Fundraising
68.64
Bank interest
496.39
Uniform
0.00
Tax Refund/Other
5
Staff training
0.00
Dinner Money
6,661.03
Total
199,836.91
EXPENDITURE
Salaries
4
156,366.43
Staff training
1,795.80
Utilities
5,906.44
Hall Running Costs
7,577.39
Equipment & Resources
1,544.99
Insurances and Licences
2,259.53
Food -Pre-Sch. & OOSC
3,916.17
Dinner Money
7,258.32
Professional fees/Advertising/Payroll
4,538.53
Office supplies
1,087.27
Gifts/Donations/NEF Transfer
861.30
Sundries/Uniform
49.20
Hall Repairs
3,199.96
Visits
557.98
External Fundraising
39.00
196,958.31
(DEFICIT)/SURPLUS YEAR TO DATE
2,878.60
ACCUMULATED SURPLUS B/FWD
123,276.92
ACCUMULATED SURPLUS C/FWD
126,155.52
REPRESENTED BY
Barclays Current Account
60,225.20
Cash
178.76
Float
20.00
COIF at cost
5
4,853.60
Barclays savings account
60,877.96
126,155.52|Full Yr ended
31st August
2023
_£_
115,256.08
95,747.92| |---|---| ||211,004.00
0.00
5.65
67.50
0.00
820.15
37.23
0.00
0.00
0.00
8,896.21| ||220,830.74| ||146,423.56
551.20
6,555.66
11,988.80
31,339.41
2,176.37
5,764.05
9,357.00
3,937.38
816.44
804.45
186.22
50.40
540.00
133.26| ||220,624.20| ||206.54
123,070.38| ||123,276.92| ||107,950.75
71.00
20.00
4,853.60
10,381.57| ||123,276.92| ## St Leonard's Pre-School and Out of School Club August 2024 Monthly Accounts for the Year ending 31st August 2024 ## Notes to the accounts ## 1 Basis of preparation Following the format of previous years, these accounts are prepared on a cash basis and consequently show cash inflow/outflows, not profit & loss. ||||Year ending|Full Yr Ended| |---|---|---|---|---| ||||31/08/2024|31st August| ||||Cumulative YTD|2023| ||||£|_£_| |2|Educational|grants||| |||||0.00| |||NEFS|103,997.06|95,747.92| |||Cambridgeshire CC|0.00|0.00| ||||103,997.06|95,747.92| |3|Fees|||| |||Pre-School|48,185.66|74,376.16| |||Mums & Tots|0.00|0.00| |||Gifts & Visits|0.00|0.00| |||Out Of School Club|40,264.13|40,879.92| ||||88,449.79|115,256.08| |4|Salaries|||| |||Total Salaries|151,043.10|141,008.09| |||Pensions|5,323.33|5,415.47| |||Out Of School Club||| ||||156,366.43|146,423.56| |5|COIF|The market value of the 95.85 COIF|Charities Investment Fund|| |||Accumulation units as at 30 September 2020 - £18,748.84||| |||Accumulation units as at 23rd Sept|2021 - £22,173.92|| |||which is an increase of £3,425.08||| |6||Balance on Fee A/C|-145.22|| Balance on Fee A/C -145.22 Overpaid Unpaid CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinerfs report on the accounts Section A Indopendefit ExamineV¥ Report Report to th8 tnistees St Leonards PrÈ Scho On accounts forthe year ended 3110812024 Charity no lrfanyl 292118 Sèt out on pages I report lo the Iru5tees on my examination of the a￿untS of the a￿￿e c*ariiy (Yhe Twst") for tke year ended 3110812024 ReS￿nSibilItieS and b*sis of rnport As tharity's Irustees. you are resp)nsible fertr* kyeparatson of the aCC￿ntS in acoydan* with req￿irements of Charrt*8 Act 2011 Act'i. l ￿ptsrt In reswa of my examination of Ihe Tnjst's accounts caryied out under seLtion 145 of the 2011 Act and in carying out my examination, I have followeil all ap￿1¢ab￿ Direcholls gwen by Charrty CommBsh nder seckn 145(5llbl oftt* ALI. Independènt I have cotntAeted tny examination. I confimi that no material matters Iwe •xaminerfs ststement cLYne to my 3ttention In