2021-12-31-accounts - Acorn Under Fives

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Trustees' Annual Report for the period

	Period start date	Period start date			Period end date
From	01	01	2021	To	31 12	2021

Section A Reference and administration details

Charity name Acorn Under Fives

Other names charity is known by Registered charity number (if any) 295296

Charity's principal address Oaklands Infant School

Butler Road Crowthorne, Berkshire Postcode RG45 6QZ

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
Jo Saxby	Chair	Whole Year	Committee
HayleyBasmas	Treasurer	Whole Year	Committee
Julie Davis	Secretary	Whole Year	Committee
James Cassidy	Website Admin	Whole Year	Committee

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

March 2012

TAR

Names and addresses of advisers (Optional information) Type of adviser Name Address	Names and addresses of advisers (Optional information) Type of adviser Name Address	Names and addresses of advisers (Optional information) Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Constitution

Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted

(eg. trust, association, company)

Elected by Parents Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

To provide high quality care and education for children below statutory school age. To work in partnership with parents to help children learn and develop. Summary of the objects of the To add to the life and well-being of the local community. charity set out in its To offer children and their parents a service that promotes equality and governing document values diversity. Furthering the aims of the Pre School Alliance.

March 2012

TAR

Acorn Under Fives is a community pre-school run by a committee of volunteers under the umbrella of the Pre-School Learning Alliance.

The pre-school is a registered charity and aims at providing schooling tailored to the Early Years Foundation Stage (EYFS).

We can accommodate up to 33 children, offering 6.5 hour sessions (flexibly).

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

March 2012

TAR

Section D Achievements and performance

Summary of the main achievements of the charity during the year

In 2021, Acorn Under Fives continued to offer flexible pre-school sessions for children aged 2-4 years between the times of 9am and 3.30pm The pre-school remains very popular and highly regarded in the community with very few sessions remaining available and a waiting list of new children to join.

We continue to provide training to all staff furthering their education and offering supported professional development.

Acorns remains a leader within the community.

March 2012

TAR

Section E Financial review

Brief statement of the charity’s policy on reserves

Whenever possible, and when required, cash is reinvested into the preschool to improve facilities and the learning environment for children. We have decided to set aside £70K to cover redundancy costs & 3 months’ worth of monthly outgoings, to ensure that the liabilities could be met in a worst case scenario. It can therefore be justified that this money is not able to be reinvested at the current time on charitable activity.

Details of any funds materially in deficit

Nil

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

March 2012

TAR

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date		Jo Saxby (Oct 5,2022 10:39 GMT+1) Jo Saxby
	Hayley Basmas	Jo Saxby
	Treasurer	Chair
	03/10/2022
	03/10/2022

March 2012

TAR

Profit and Loss

Acorn Under Fives

For the year ended 31 December 2021 Cash Basis

----- Start of picture text -----
Account 2021 2020
Turnover
202 - Ad-Hoc Session Fees 234.50 0.00
204 - Bank Interest 702.31 1,029.25
222 - Fundraising 1,340.00 357.35
224 - Government Funding - ECHP Funding 3,010.20 0.00
225 - Government Funding Quality Supplement 6,340.20 0.00
226 - Government Funding for 3+ Year Olds 121,000.11 145,721.52
227 - Government Funding for 2 Year Olds 4,236.59 0.00
228 - JRS Government Funding 6,706.92 9,321.38
230 - Other Income 0.00 57.61
232 - Parent Fees 30,172.80 29,116.50
234 - Government Funding - Early Years Pupil Premium (EYPP) 466.94 0.00
235 - Government Funding - Deprivation Supplement 944.81 0.00
236 - Registration Fees 480.00 680.00
Total Turnover 175,635.38 186,283.61
Gross Profit 175,635.38 186,283.61
Administrative Costs
400 - Advertising 45.60 32.62
402 - Children's Events 682.76 1,003.67
404 - Cleaning & Hygiene 5,628.63 7,104.66
406 - Committee Expenses 58.95 0.00
408 - Computer & Internet 2,370.11 4,778.87
410 - Equipment & Furniture 4,871.34 6,972.62
414 - Fundraising Expenses 40.00 138.97
416 - Health & Safety 821.07 23.49
418 - Insurances 1,983.96 2,121.44
422 - Learning Resources 6,873.83 7,643.49
424 - Other 721.28 922.43
426 - Parent Refunds 0.00 897.00
428 - PAYE/NIC 10,016.58 10,043.61
430 - Payroll Services 0.00 1,185.96
432 - Pensions 4,356.49 4,467.38
434 - Postage & Delivery 510.11 482.50
436 - Printing 391.92 429.69
440 - Professional Services 1,819.72 949.80
442 - Rent/Lease of Buildings 742.68 856.18
444 - Repairs, Maintenance & Improvements 1,056.78 2,262.78
446 - Salaries 126,504.52 128,434.60
448 - Snack 1,752.36 1,409.67
450 - Split 0.00 43.74
452 - Staff Events 1,154.05 679.66
454 - Staff Training & DBS 1,352.09 1,686.88
456 - Staff Uniform 586.10 679.26
458 - Stationery 147.99 225.26
462 - Utilities 2,214.50 2,449.12
464 - Depreciation 11,233.91 14,442.53
Total Administrative Costs 187,937.33 202,367.88
Operating Profit (12,301.95) (16,084.27)
----- End of picture text -----

Balance Sheet

Acorn Under Fives

As at 31 December 2021 Cash Basis

----- Start of picture text -----
Account 31 Dec 2021 31 Dec 2020
Fixed Assets
Tangible Assets
Accumulated Depreciation (84,567.18) (73,333.27)
Buildings and Improvements 215,547.24 215,547.24
Furniture and Equipment 6,154.36 6,154.36
Leasehold Improvements 3,099.30 3,099.30
Total Tangible Assets 140,233.72 151,467.63
Total Fixed Assets 140,233.72 151,467.63
Current Assets
Cash at bank and in hand
Cambridge & Counties 1 yr bond 70,873.89 70,172.48
HSBC Current Account 33,437.32 12,371.31
HSBC Savings Account 4,631.83 27,630.93
Petty cash asset 23.62 35.11
Total Cash at bank and in hand 108,966.66 110,209.83
Total Current Assets 108,966.66 110,209.83
Creditors: amounts falling due within one year
Creditors (206.92) (86.92)
Total Creditors: amounts falling due within o (206.92) (86.92)
Net Current Assets (Liabilities) 109,173.58 110,296.75
Total Assets less Current Liabilities 249,407.30 261,764.38
Net Assets 249,407.30 261,764.38
Capital and Reserves
Current Year Earnings (12,357.08) (16,084.27)
Opening Balance Equity 140,529.76 140,529.76
Retained Earnings 121,234.62 137,318.89
Total Capital and Reserves 249,407.30 261,764.38
----- End of picture text -----

Signed TAR 2021

Final Audit Report

2022-10-05

Created: 2022-10-03 By: alex basmas (alexbasmas@yahoo.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAdiO-8EGjxJnqRo8p4RmigceeukgfptPe

"Signed TAR 2021" History

Document created by alex basmas (alexbasmas@yahoo.co.uk)

2022-10-03 - 4:59:11 PM GMT- IP address: 86.24.81.10

Document emailed to Jo Saxby (josaxby@hotmail.co.uk) for signature

2022-10-03 - 4:59:34 PM GMT

Email viewed by Jo Saxby (josaxby@hotmail.co.uk)

2022-10-03 - 6:15:31 PM GMT- IP address: 146.75.174.12

Document e-signed by Jo Saxby (josaxby@hotmail.co.uk)

Signature Date: 2022-10-05 - 9:39:03 AM GMT - Time Source: server- IP address: 84.18.254.110

Agreement completed.

2022-10-05 - 9:39:03 AM GMT

Profit and Loss

Acorn Under Fives

For the year ended 31 December 2021 Cash Basis

Account	2021	2020
Turnover
202 - Ad-Hoc Session Fees	234.50	0.00
204 - Bank Interest	702.31	1,029.25
222 - Fundraising	1,340.00	357.35
224 - Government Funding- ECHP Funding	3,010.20	0.00
225 - Government Funding QualitySupplement	6,340.20	0.00
226 - Government Fundingfor 3+ Year Olds	121,000.11	145,721.52
227 - Government Fundingfor 2 Year Olds	4,236.59	0.00
228 -JRS Government Funding	6,706.92	9,321.38
230 - Other Income	0.00	57.61
232 - Parent Fees	30,172.80	29,116.50
234 - Government Funding- EarlyYears Pupil Premium(EYPP)	466.94	0.00
235 - Government Funding- Deprivation Supplement	944.81	0.00
236 - Registration Fees	480.00	680.00
Total Turnover	175,635.38	186,283.61
Gross Proft	175,635.38	186,283.61
Administrative Costs
400 - Advertising	45.60	32.62
402 - Children's Events	682.76	1,003.67
404 - Cleaning& Hygiene	5,628.63	7,104.66
406 - Committee Expenses	58.95	0.00
408 - Computer & Internet	2,370.11	4,778.87
410 - Equipment & Furniture	4,871.34	6,972.62
414 - FundraisingExpenses	40.00	138.97
416 - Health & Safety	821.07	23.49
418 - Insurances	1,983.96	2,121.44
422 - LearningResources	6,873.83	7,643.49
424 - Other	721.28	922.43
426 - Parent Refunds	0.00	897.00
428 - PAYE/NIC	10,016.58	10,043.61
430 - Payroll Services	0.00	1,185.96
432 - Pensions	4,356.49	4,467.38
434 - Postage & Delivery	510.11	482.50
436 - Printing	391.92	429.69
440 - Professional Services	1,819.72	949.80
442 - Rent/Lease of Buildings	742.68	856.18
444 - Repairs,Maintenance & Improvements	1,056.78	2,262.78
446 - Salaries	126,504.52	128,434.60
448 - Snack	1,752.36	1,409.67
450 - Split	0.00	43.74
452 - Staf Events	1,154.05	679.66
454 - Staf Training& DBS	1,352.09	1,686.88
456 - Staf Uniform	586.10	679.26
458 - Stationery	147.99	225.26
462 - Utilities	2,214.50	2,449.12
464 - Depreciation	11,233.91	14,442.53
Total Administrative Costs	187,937.33	202,367.88
Operating Proft	(12,301.95)	(16,084.27)

Balance Sheet

Acorn Under Fives As at 31 December 2021 Cash Basis

	Account	31 Dec 2021	31 Dec 2020
Fixed Assets
	Tangible Assets
	Accumulated Depreciation	(84,567.18)	(73,333.27)
	Buildings and Improvements	215,547.24	215,547.24
	Furniture and Equipment	6,154.36	6,154.36
	Leasehold Improvements	3,099.30	3,099.30
	Total Tangible Assets	140,233.72	151,467.63
Total Fixed Assets		140,233.72	151,467.63
Current Assets
	Cash at bank and in hand
	Cambridge & Counties 1yr bond	70,873.89	70,172.48
	HSBC Current Account	33,437.32	12,371.31
	HSBC Savings Account	4,631.83	27,630.93
	Pettycash asset	23.62	35.11
	Total Cash at bank and in hand	108,966.66	110,209.83
Total Current Assets		108,966.66	110,209.83
Creditors: amounts falling due within oneyear
	Creditors	(206.92)	(86.92)
Total Creditors: amounts falling due within		(206.92)	(86.92)
	Net Current Assets(Liabilities)	109,173.58	110,296.75

	Total Assets less Current Liabilities	249,407.30	261,764.38

	Net Assets	249,407.30	261,764.38
Capital and Reserves
	Current Year Earnings	(12,357.08)	(16,084.27)
	OpeningBalance Equity	140,529.76	140,529.76
	Retained Earnings	121,234.62	137,318.89
Total Capital and Reserves		249,407.30	261,764.38

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Acorn Under Fives members of On accounts for the year 31/12/2021 Charity no 295296 ended (if any) Set out on pages 9&10

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2020.

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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.

Signed: Date: 30/10/22 Name: Susan Barbara MAXWELL SMITH Relevant professional qualification(s) or body (if any): F.C.M.A. Address: ~~CLARENDON BOOKKEEPING AND ACCOUNTING LIMITED, 322 WATFORD~~ ROAD, CROXLEY GREEN WD3 3DE

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

October 2018

IER

Give here brief details of any items that the examiner wishes to disclose .

October 2018

IER