## **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** |1
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20|**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). 1 **October 2018** **IER** **Give here brief details of any items that the examiner wishes to disclose** . 2 **October 2018** **IER**