## **Trustees’ Annual Report for the period**
**From 1/08/2019 To 31/07/2020**
**Charity name: Isleham under fives association**
## **Charity registration number: 294978**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The aim of the Preschool is to Support and
enhance the development and education of
children from 2.9 to statutory school age.|
|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|The charity works for the public benefit
having as its objects the development and
education of children and young people in
Particular by:
1) promoting their care and
Safety;
2) promoting their education and
Promoting parental involvement;
3) promoting their health and
Wellbeing;
4) providing services to support
Them and their families and
Carers;
5) furthering the aims of the preschool
learning alliance.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|In all our work, we (the trustees) have regard
to the 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|We have no policy of grant making and are
not involved in grant making.|
|Policy on social investment
including program related
investment|Para 1.38|Similarly, we have no policy on social
investment as we are not involved in social
investments.|
|||The work of the fund-raising committee|
|Contribution made by
volunteers|Para 1.38|continues to provide us with excellent events
that have welcomed parents into the setting
and engaged our children. We are grateful to
those parents, beyond our Committee of
volunteers, who regularly give up their time
for free to help.|
|---|---|---|
|Other||We would like to thank all those parents who
volunteered their time to us during the
preschool sessions & during our events this
year|
## **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 last year has been an unexpected,
unprecedented and unpredictable year.
However, I am delighted to say that we have
risen to the challenge and continued to
provide outstanding, nurturing care to the
children that attend preschool.
I would like to say a heartfelt thank you to
the staff team. Their continuing commitment,
enthusiasm and care make our preschool a
fantastic place that it is and it is down to
them that the children have settled
seamlessly back into preschool life after
lockdown. The staff team have adapted and
worked together to ensure that the children
continue to enjoy their time at preschool
despite all the new measures that come with
being COVID secure.
We can’t under estimate the challenges the
staff team have faced, with weekly changing
guidance from the Department of Education,
the continual revising of policies to meet
changing goalposts.
I would also like to thank the outgoing
committee for all their work over the last
year. I appreciate that everyone is busy and
is giving their time alongside their work and
family commitments. Thank you.
We were inspected by Ofsted this year. The
inspector found that children thoroughly
enjoy attending this warm and welcoming
preschool, where they are highly valued as
individuals. They form a strong bond and
attachment with staff and arrive with
eagerness and enthusiasm. Children’s
behaviour is very good and children enjoy
being physically active with regular access
an outdoor area where they engage in
energetic play. We are very proud of these
findings and of the staff who did very well
during the inspection. We were therefore
disappointed to be given a ‘requires
improvement’ ratingfrom Ofsted. This was a|
result of a number of committee EY2 forms not being submitted in a timely manner. The committee has since implemented a robust new policy to ensure that this does not happen again in future. The pandemic has, unfortunately, curtailed preschool’s fundraising ability and, coupled with low numbers attending, it has meant that preschool made a significant loss last year. It is therefore imperative that the incoming committee focus efforts on both fundraising and preschooler recruitment to ensure the long-term viability.
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|End of year balance £ 21,364 (£3,980 &
£17,081)
Total income £67,596
Total Expenditure £83,469
Total loss of £15,873
Fixed assets £185,186
Total value of the charity of £206,552
The pandemic has, unfortunately, curtailed
preschool’s fundraising ability and, coupled
with low numbers attending, it has meant
that preschool made a significant loss last
year. It is therefore imperative that the
incoming committee focus efforts on both
fundraising and preschooler recruitment to
ensure the long-term viability|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|We aim to hold in reserve three months
running costs and notice period/redundancy
provision for eligible staff in the event of the
preschool having to close. This amount is
recommended by the Early Years Learning
Alliance. It will be held in a savings account
and will be used for emergency purposes
only. For example, if the preschool is
threatened with closure or other unforeseen
circumstances such as having to move to a
new site. The committee will take the final
decision as to how and when the reserve is
used. This figure will be reviewed on an
annual basis.|
|Amount of reserves held|Para 1.22|**£17,081**|
|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||
|**Additional information (optional)**
You may choose to include further statements|**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|The Early Years Funding Scheme from the
government provides the majority of our
income.
We also receive a proportion of our income
by way of fees directly from parents who are
either not eligible for funding
Donations and fundraising also cover the
activities that children participate in that the
funding doesn’t cover.|
||||
|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|One of the principle risks facing the charity is
the continued low government funding of
childcare places|
|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|
|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|New trustees may be nominated and
appointed by current Trustees and /or
elected at the AGM|
## **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|All trustees are enhanced DBS checked and
give their time on a voluntary basis and
receive no remuneration or benefits.|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|A Committee of parents and former parents
oversees the work of the Preschool. The
Preschool management structure consists of
two well-qualified and experienced staff
members as a manager and deputy
(&SENCO). Our Preschool is on the site of
the Isleham Primary School and, although
we are a separate organisation, we meet
regularly with the Early Years team at the
school to share ideas.
We also work with the Early years team at
County level and area members of the early
years alliance.|
|Relationship with any related
parties|Para 1.51|We are members of the Early Years
Alliance, registered with Ofsted as an early
years setting and work with Early years team
at County level|
|Other|||
## **Reference and Administrative details**
|Charity name|Isleham under fives association|
|---|---|
|Other name the charityuses|Isleham Preschool|
|Registered charitynumber|294978|
|Charity’s principal address|3a Malting Lane
Isleham
Ely
Cambs
CB7 5RZ|
|---|---|
|||
**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)**|
|---|---|---|---|---|
||Rebecca Dobbin||Sept 2019 onwards|Preschool Committee|
||Marlene Auberger|Chair from Sept
2019|Whole year|Preschool Committee|
||Iris Godden||Sept 2019 onwards|Preschool Committee|
||Rachel Crick||Sept 2019 onwards|Preschool Committee|
||Scott Rowbotham|Treasurer|Sept 2019 onwards|Preschool Committee|
||Alexa Pearson|Vice Chair until Sept
2019|Until Sept 2019|Preschool Committee|
||Daniella
Rowbotham|Secretary|Sept 2019 onwards|Preschool Committee|
||Hayley Crawford|Chair until Sept 2019|Until Sept 2019|Preschool Committee|
||Zara king||Whole year|Preschool 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**
**Funds held as custodian trustees on behalf of others** Description of the assets 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
**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)** R Dobbin **Full name(s)** Rebecca Dobbin **Position (eg Secretary,** Chair **Chair, etc) Date** 4/2/22
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2020**
## **FOR**
**ISLEHAM UNDER FIVES ASSOCIATION**
**ISLEHAM UNDER FIVES ASSOCIATION**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2020**
||**Page**|
|---|---|
|**General Information**|1|
|**Independent Examiners Report**|2|
|**Statement of Payments and Receipts**|3|
|**Statement of Assets and Liabilities**|4|
|**Tangible Fixed Assets Schedule**|5|
## **ISLEHAM UNDER FIVES ASSOCIATION**
## **GENERAL INFORMATION FOR THE YEAR ENDED 31 JULY 2020**
## **REGISTERED CHARITY:**
**REGISTERED CHARITY:** Number 294978 OFFICERS: Alexa Pearson (Chair) Marlene Auberger (Chair)
## **ADDRESS:**
## **ACCOUNTANTS:**
3a Maltings Lane Isleham Ely Cambridgeshire CB7 5RZ Janine Davies Pendenra High Street Brinkley Newmarket Suffolk CB8 0SF
Page 1
## **INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF ISLEHAM UNDER 5’S ASSOCIATION TRUST Registered charity number 294978**
I report to the members on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/07/2020
As the charity members of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
• accounting records were not kept in accordance with section 130 of the Act or • the accounts do not accord with the accounting records
I have no concerns 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 to be reached
Janine Davies Accountant & Tax Adviser, ICPA, Pendenra, High St, Brinkley , Newmarket CB8 0SF
Date 12 April 2021
Page 2
## **ISLEHAM UNDER FIVES ASSOCIATION**
## **STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 JULY 2020**
|**Income**
CC Funding
Fundraising
Fees
Uniform/parties/reg/shed sale
**Other income**
Deposit account interest
**Expenditure**
Rent
Rates and water
Insurance
Light and heat
Telephone
Post and stationery
Mileage
Milk
Toddlers
Toys & play equipment
Repairs and renewals
Lunch club
Cleaning materials
Training
Ofsted
Gifts
Sundry expenses
Professional fees
Accountancy
Provisions
Wages
Pensions
Hire of water cooler
**Finance costs**
Bank charges
**SURPLUS/DEFECIT FOR THE YEAR**
**Funds b/f**
**Funds c/f**|**2020**
**£**
**62,647**
**-**
**4,940**
**-**
**42**
**35**
**843**
**798**
**1,274**
**380**
**-**
**9**
**-**
**1,056**
**2,022**
**342**
**290**
**2,309**
**50**
**-**
**818**
**2,486**
**250**
**92**
**69,398**
**703**
**136**
||**£**
**67,587**
**9**
**67,596**
**83,333 **
**(15,737)**
**136**
**(15,873)**
**37,239**
**21,366**|2019
£
100,508
2,441
13,354
195
662
753
1,501
602
1,076
984
116
-
267
4,651
803
-
558
1,903
50
635
-
928
250
991
91,598
2,009
131
|£
116,498
9
116,507
110,468
6,039
239
5,800
31,439
37,239|
|---|---|---|---|---|---|
|||||||
|||||||
|||
||||
Page 3
## **ISLEHAM UNDER FIVES ASSOCIATION**
## **STATEMENT OF ASSETS AND LIABILITIES 31 JULY 2020**
|**FIXED ASSETS**
Freehold property
Improvements to property
Plant and machinery
Fixtures and fittings
**CURRENT ASSETS**
Bank account no. 1
Bank account no. 2
Cash in hand
**CURRENT LIABILITIES**
Trade creditors
**NET ASSETS**
**FINANCED BY**
**RESERVES AND FUNDS**
Reserves
**CAPITAL ACCOUNT**
Brought forward
Add
Net profit
Less
Net loss|**2020**
**£**
**150,000**
**16,701**
**1,500**
**16,985**
**3,980**
**17,081**
**303**
**21,364**
**(2)**
**195,928**
**-**
**195,928**
**15,873**|**£**
**185,186**
**21,366 **
**206,552 **
**26,497**
**180,055 **
**206,552 **|2019
£
150,000
16,701
1,500
16,985
19,862
17,073
303
37,238
(1)
190,128
5,800
195,928
-|£
185,186
37,239|
|---|---|---|---|---|
|||||222,425|
|||||26,497
195,928|
|||||222,425|
Page 4
## **ISLEHAM UNDER FIVES ASSOCIATION**
## **TANGIBLE FIXED ASSETS SCHEDULE 31 JULY 2020**
|**COST**
At 1 August 2019
and 31 July 2020
**NET BOOK VALUE**
At 31 July 2020
At 31 July 2019|**Improvements**
**Freehold**
**to**
**Plant and**
**property**
**property**
**machinery**
**£**
**£**
**£**
**150,000**
**16,701 **
**1,500**
**150,000**
**16,701 **
**1,500**
150,000
16,701
1,500|**Fixtures**
**and**
**fittings**
**£**
**16,985**
**16,985**
16,985|**Totals**
**£**
**185,186**|
|---|---|---|---|
||||**185,186**|
||||185,186|
Page 5
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2020**
## **FOR**
**ISLEHAM UNDER FIVES ASSOCIATION**
**ISLEHAM UNDER FIVES ASSOCIATION**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2020**
||**Page**|
|---|---|
|**General Information**|1|
|**Independent Examiners Report**|2|
|**Statement of Payments and Receipts**|3|
|**Statement of Assets and Liabilities**|4|
|**Tangible Fixed Assets Schedule**|5|
## **ISLEHAM UNDER FIVES ASSOCIATION**
## **GENERAL INFORMATION FOR THE YEAR ENDED 31 JULY 2020**
## **REGISTERED CHARITY:**
**REGISTERED CHARITY:** Number 294978 OFFICERS: Alexa Pearson (Chair) Marlene Auberger (Chair)
## **ADDRESS:**
## **ACCOUNTANTS:**
3a Maltings Lane Isleham Ely Cambridgeshire CB7 5RZ Janine Davies Pendenra High Street Brinkley Newmarket Suffolk CB8 0SF
Page 1
## **INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF ISLEHAM UNDER 5’S ASSOCIATION TRUST Registered charity number 294978**
I report to the members on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/07/2020
As the charity members of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
• accounting records were not kept in accordance with section 130 of the Act or • the accounts do not accord with the accounting records
I have no concerns 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 to be reached
Janine Davies Accountant & Tax Adviser, ICPA, Pendenra, High St, Brinkley , Newmarket CB8 0SF
Date 12 April 2021
Page 2
## **ISLEHAM UNDER FIVES ASSOCIATION**
## **STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 JULY 2020**
|**Income**
CC Funding
Fundraising
Fees
Uniform/parties/reg/shed sale
**Other income**
Deposit account interest
**Expenditure**
Rent
Rates and water
Insurance
Light and heat
Telephone
Post and stationery
Mileage
Milk
Toddlers
Toys & play equipment
Repairs and renewals
Lunch club
Cleaning materials
Training
Ofsted
Gifts
Sundry expenses
Professional fees
Accountancy
Provisions
Wages
Pensions
Hire of water cooler
**Finance costs**
Bank charges
**SURPLUS/DEFECIT FOR THE YEAR**
**Funds b/f**
**Funds c/f**|**2020**
**£**
**62,647**
**-**
**4,940**
**-**
**42**
**35**
**843**
**798**
**1,274**
**380**
**-**
**9**
**-**
**1,056**
**2,022**
**342**
**290**
**2,309**
**50**
**-**
**818**
**2,486**
**250**
**92**
**69,398**
**703**
**136**
||**£**
**67,587**
**9**
**67,596**
**83,333 **
**(15,737)**
**136**
**(15,873)**
**37,239**
**21,366**|2019
£
100,508
2,441
13,354
195
662
753
1,501
602
1,076
984
116
-
267
4,651
803
-
558
1,903
50
635
-
928
250
991
91,598
2,009
131
|£
116,498
9
116,507
110,468
6,039
239
5,800
31,439
37,239|
|---|---|---|---|---|---|
|||||||
|||||||
|||
||||
Page 3
## **ISLEHAM UNDER FIVES ASSOCIATION**
## **STATEMENT OF ASSETS AND LIABILITIES 31 JULY 2020**
|**FIXED ASSETS**
Freehold property
Improvements to property
Plant and machinery
Fixtures and fittings
**CURRENT ASSETS**
Bank account no. 1
Bank account no. 2
Cash in hand
**CURRENT LIABILITIES**
Trade creditors
**NET ASSETS**
**FINANCED BY**
**RESERVES AND FUNDS**
Reserves
**CAPITAL ACCOUNT**
Brought forward
Add
Net profit
Less
Net loss|**2020**
**£**
**150,000**
**16,701**
**1,500**
**16,985**
**3,980**
**17,081**
**303**
**21,364**
**(2)**
**195,928**
**-**
**195,928**
**15,873**|**£**
**185,186**
**21,366 **
**206,552 **
**26,497**
**180,055 **
**206,552 **|2019
£
150,000
16,701
1,500
16,985
19,862
17,073
303
37,238
(1)
190,128
5,800
195,928
-|£
185,186
37,239|
|---|---|---|---|---|
|||||222,425|
|||||26,497
195,928|
|||||222,425|
Page 4
## **ISLEHAM UNDER FIVES ASSOCIATION**
## **TANGIBLE FIXED ASSETS SCHEDULE 31 JULY 2020**
|**COST**
At 1 August 2019
and 31 July 2020
**NET BOOK VALUE**
At 31 July 2020
At 31 July 2019|**Improvements**
**Freehold**
**to**
**Plant and**
**property**
**property**
**machinery**
**£**
**£**
**£**
**150,000**
**16,701 **
**1,500**
**150,000**
**16,701 **
**1,500**
150,000
16,701
1,500|**Fixtures**
**and**
**fittings**
**£**
**16,985**
**16,985**
16,985|**Totals**
**£**
**185,186**|
|---|---|---|---|
||||**185,186**|
||||185,186|
Page 5