2022-03-31-accounts - Brookside Preschool

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 1 April 2021 To 31 March 2022

Charity name: Brookside Pre-School

Charity registration number: 299709

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To enhance the development and education of the children, primarily under statutory school age, by encouraging parents to understand and provide for the needs of their children through community groups.
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	We provide good quality childcare and facilities for the local community, as well as providing and After School Club and an out-of-term Holiday club, thus offering valued and extensive care that is available for all children for 2 to 11 years of age
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees have had 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 Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers

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	We continue to offer both funded and non- funded places for preschool children from the age of 2 as well as non-funded after school club. We continue to receive disadvantage funding which we put to good use In the learning environment, activities and experiences we offer the children in our care. The preschool has undergone a refurbishment (covid grant), and had local company called the forestry who funded a project for our pre-school garden. We have been lucky to be able to take part in a local charities project. We have had different fundraising events to secure the money to be able to take part in this event. We have seen a stable period of staffing with a loyal well established team continuing to support the children.

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

Review of the charity’s financial position at the end of the period	Para 1.21
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Our policy is to try to maintain a balance of £20,000 in our reserve account for contingencies and risk factors. At the year end we had this reserve in place.
Amount of reserves held	Para 1.22	£20,000 held in unrestricted reserves.
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	N/A

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	Our main source of funds is through government funded children, this makes up the majority of the money that comes in, then after this is unfunded sessions for pre- schoolers and unfunded out of school care.
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
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Pre-School Learning Alliance Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Committee
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	By Committee

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	Brookside Pre-School
Other name the charity uses
Registered charity number	299709
Charity’s principal address	Gusford School Grounds Sheldrake Drive Ipswich
	IP2 9LQ

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)
Shane O’Halloran	Chairperson		Brookside Trustees & Committee Members
Janine Gray	Treasurer	From December 2022 to present	Brookside Trustees & Committee Members
Bronwen Curtis	Secretary		Brookside Trustees & Committee Members
Danielle Cracknell	Committee member	From December 2022
HayleyWilden	Committee member	From December 2022
Laura Street	Committee member

– 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 N/A held in this capacity

Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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

Digitally Signed: Bronwen Curtis Signature(s) Digitally Signed: Shane O’Halloran Miss Bronwen Curtis Full name(s) Mr Shane Peter O’Halloran Position (eg Secretary, Chairman Secretary Chair, etc)

Date

24/01/2023

REGISTERED CHARITY NUMBER.. 2937ce Flnandal Passmore Week5 and Rlchardson A Xeinadin ComTriny 2 Beac(M End Counyalll London Road, Sknmway COldster C03 ONU

ont e Financial S Pa8e Report of the Thtee5 Indedenl Examinetrs Rep Stsiemeni of Flnandal Aalvliles Balance Strttt Notes lo ihe Flnanclal Stsiements 6 11

The Iwsiees pns(mi iheir ren wlth the flnandal sthiemenL% ol the charity for the year en(kd 31 Marth 2022. The InLSiees have adnNed the provisinns of Accouniin8 and Rep)rtin8 by Chariiies: Sialemeni of Reccynmended Praal applicable io charilie5 preparing iheir accounts in accordance wlth Ihe F5nandal RetM)rtin8 Stsndard applicable In the UK and Rcwblic of IrEland (FRS 102) (effective l January 2019). OBJECTIVESANDACTIVITIES Obl1Vand m5 To enhance the devel(ymeni and educa of the chlldren. marIlY under sthiuiory sch1 age, by encoura8ln8 paren15 10 understhnd and pn)vlde (or the of their children ihrou8h c(xnrnunliy grour6. S•14Cant 1vIlle5 We pn)vlde g(xxl qualliy chlldcare and facllllles for ihe Ial cofflmunliy, as well as provldlnR an Afier Sthool Club and an oul-of-iemi Hollda), club. offerin8 valuel children from the age of 2, as well as non-funded afier h(K)I club. Wc conlinue lo recelve dlsadvantsge fundln8 which we wt to grxjl use in ihe leaThin8 Vir(melll. aaivldes and experiences we offer the chlldryn in our care. The presch1 has Underg(X a relurbhshment (Covid 8rani), and had a I1 compmy called the lore5ry who funded a projea lor our pTrSChl garden. We have Ixyn lucky io be able io lake pan in a l(tal chariiles projeci. We have had differeni fundraislng even(s io secure I1 money io be able io tske part In ihls evenL We have seen a sthble wiod of sthffing wlth a loyal. well estab115hed ieam (Thiinuln8 TO suppon the chlldren. FINANCIAL REVIEW Prlnapd lunding sxjr r maln source of fwNIs is through govemmeni funded chlldren. thls makes up the majorlty of the money thai comes In. then afier thi5 Is unfunded Sessi( lor Pre-schle a1 unfunded oui of sch1 canb. Rpd1cY Our wllc"y 14 10 ty to malnlaln 4 kn19n of £20.IKK) In the reserve IrOun1 (YjiuligleS an(J rlsk la0[5. Ai the year end thls reserve was In place. srRUCTURE, GOVERNANCE AND MANAGEM ENT GcNff ning dCml The chariiy 15 controlled by its govemlng IkxumenL the PrE-SdKI IarnIng AlllaKe con51iiuiion, and corlI1U1es an unInCor>FaIed charliy. R&YuitMI w)d 8pp(xnImI CA n8v trua New uusiees are ap)Inie by the mem1X> ol the commlttee of intsiee REFERENCE AND ADM INISTRATIVE DETAILS Chwlly numb Prlndpel ldr 18 All Sainls Road Ipswlch IPI 41 Pa8e I

(or LeLEnd.ed.31 Ma Trug S O'Halloran Ms H Waller (18ed 12.12.22) Ms R Fray (resi8nd 12.12.21) Ms L Siroei (ap)in(0d 24.3.22) S Bailey (apw)inted 24.3.22) M5 B Cunis (appoinied 24.3.22) Indq?thdl Exarnln Mark Passmorc MA {Cantab) FCA Pa&4mnre Weeks and Rlchardson ' A Xeinadin CJ)mpany 2 Beacon End Courtvard London Road. SLinway Colchesler C03 ONU Approved by order of ihe board of trustees on I I Au81 2023 and signed on its behalf by: S O'Halloran - Thisiee Page 2

IndepenfJffliExaminerf&Rewi w the.TeS..oL Indq)dt eKaninff'srqxYt tOlhetrUS(a Br(K9de Prthc¥ I report io the chariiy trusiee5 un my examlnatl(m of the aLTounts of Br(x)kslde PresdiTh)l (Ihe Trust) for the year ended 31 March 2022. RbIlIt1sd b&4sd rwi As Ihe Lhari(y InleeS of ihe Tru51 you are reS1ble foi Ihe prEra11m of the aLrounts In acC(lanCE widi the uirrments ol the Charities Art 2011 ('the Act,). I rew)n in of my examinailon of ihe Trust's accounLS canled oui under Sellinn 145 of Ihe Art and In carrylng wl my examinaiion I have followed all applicable Direaions 8iven by the Chadiy Comrnlssl< under Sectlon 145(SXb) of Ihe ACL I ndq)d1 e<aMin'satffn1 I have con)pleied my examlnauon. I c(Miflrm thai no maierial mai[5 have cryne 10 my aitenuon In cDnnedlon wlth the examlnailon giving me cause io I11eve ihai In any malerlal rest. rounting records were kepi in respert ol the as requlred by Secdon 130 of the Ad; or the accints do nol Kconl with those nrords: or the accounts do comply wlth ihe appllcable rnwlrEments c(mcernln8 the fomi and conleni of Cnts sd oul In the Charliles (Accounts and Re) Re8ulatl(ms 2(K)8 (Kher than any requlrement thai the accounts glve and lair vlew whlch Is n(x a ma11 c(fflsldered a5 of an Indenden1 examlnal1. I have no cnncems and have c(xne across nn her matters In Conne1 wilh ihe examlnatlon to whldi attentlon should be drilwn in ihis in order enable a prow understhnding of the xcounts io read1. Mark Passmore MA (Cantsb) FCA The Instilulc of Chartered Accountsnts In England and Wales Passmore Weeks and Richallls( A Xelnadln Company 2 Bea(un End Courtyard London Road. Sthnway Colchesier Essex C03 ONU Dale: ......... Page 3

41 31.3.22 UnrestriLM fund 31.3.21 T(rtal fun(ts Noies INCOKI E AND ENDOWMENTSFROM CharitaJle&xiviti Pre-school 164.42 153,243 Invesuneni Incorne 17 93 T(xal 164.44) l53,336 EXPENDITUREON Raising funds 791 Chwliable&llvllles Pre-Sch(x)I 159.145 129.741 Tcxal 159.936 129.T NEf INCOME 509 23.546 RECONCILIATION OF FUNDS Total funds brwghi lorwa 85,379 61.833 TOTAL FUNDSCARRIED FORWARD 85,379 The iioies loml part of these flnanclal SleMen Page 4

31.3.22 Unrestylaed fund 31.3.21 To1 funds N(xes FIXED A&8Ers Tan8ible assets 477 CURRENT ASWS Dthors Cash ai bank and in hand 18,299 71934 79.705 92233 CREDITORS Am(Juiits (alling due wlihln (e year 10 (&822) (2,112) NET CURRENT ATs 8S411 84,441 TOTAL AWSLESSCURRENT LIABILITIES 85,379 NET As 85,379 FUNDS Unre&riaed fund5 85.379 TOTAL FUNDS 85.379 The Ilnuncl41 Sthiements were approved by the Boalll off ThteeS and thOrised for R&we I I Au8USI 2023 and we Signed on its trhalf by: S O'Halloran - Th{ce The Th)tes fomi part ol ihese flnandaj Stsiemen Page S

NO to.the.Finan£ial Siaiem or ACCOUNTING Ff)LICIES 8&qscrf prqjwino the11n0a1 a&atS The linancial alemen of the chariiv, which Is a publlc beneni enilty under FRS 102, have been prepared In Ictoidaiice wlili ihe Charltles S()RP (FRS 102) 'ALcouJiiIii8 and Rewnlng by Charlties: Stsieincnl ul Recommended Practice applicable io chariiies preparin8 their accounts In accotthnce wilh Ihe Financlal RetK)nin8 Siandard applicable in the UK and Republlc of Ireland (FRS 102) (effec15ve l January 2019),. Flnanclal Rep)rtlng Siandard 102 The Flnanclal Reportlng knndard appllcable In the UK and Repiibllc ol Ireland and ihe Charilies A 2011. The financial slalements have been pTrpared under ihe hlsi(xlcal cosi conv¢ntl(m. Inctrne All Income Is recognlsed In the Statcrnent of Flnandal Aalvliles once the charfiy has enddement io the funds. Sl Is probable thai the inLx)me wlll tpceived and the amouni can be measu1 rellably. EXpditUre Liabillties are recognlsed as eXndIture as s(J)n as ihere Is a legal or c(51ctIve obllgailon commlidn8 the charliy io ihat ex[Mdiiu. li is probable thai a transfer ol ecOn(IC IefIts wlll be required In seiilemeni and the amouni of ihe obllgation can be measured rellably. Expffidliure Is accounted for on an aLThIS tkisis and has IKYn classlfled uiider headlii85 ihai aggregaie all c05t rela1 io the cale8<Ky. whe costs canTh)i dirertly aiirlbuied partlcular headlngs ihey have been all(xaied Kdvllles a basls consisieni wlih Ihe use of T)&•bIe11Xl ass Deprecialion b provided ai the followin8 annual rdies in oNJer io wrfie ofl each oset Oyff Its esilmated useful life. Fixlures and f iiiin Computer equlpmLmi 15% on c(tsi 33% on c[ Taxatic The chariiy exemw frll w on IL% charfLible aalVIe& Fund ttnting Unn%trlcied funds can usd In accordance with dwrithble thiealves ai ihe dlscrdion of ihe trusiee& Resirlded (und5 can only be usd for particular pur5 wlihln ihe objects of the charlly. Restrtcts'uis arlse when Spec1(1 by ihe (k)nor or when lunds are ralsed for partlcular wryxjses. Further explanaiion ol the nature and wrp(oe of eadi fund Is Incl In the n(xes EO the flnanclal siatemenis. Hlrepurtha and Ing CunmitmtS Rentsls paid under Oatin8 leases anb char8ed io the Sthiemeni of Flnandal Aalvliies on a raighi Ilne basis over the per1 of the lease. 90n pc4-rdirffna)t b11$ The charity uraleS 41 (kbflned conirtbuiion ls1on scheme. Contrit110ns Yable io ihe charliy's pcnsion scheme arp charged 10 the Slemen1 ol Financial Artivliies in ihe to which they rela. Going (Thcun The trUSeS have rea5(able eXallOn ihai Ihe drity ha5 adequaie resources io coniinue In operaiinnal exlsience (or the foreseeable fuiure. Thus they conilnue to ihe 80in8 conLYm basis In prpparlng ihe aniiual flnancial ateMents. Page 6 conitnued...

INVEsfMENT INCOME 31.3.22 31.3.21 Dep11 aCCnI interest 17 93 INCQME FROM CHARITABLEACTIVITIES 31.3.22 31J.2J Tothl aalvltles Pr&Sch(x)I Cifdnis Fees Oiher In(le C.C)VID granl 102362 E4).687 lJ79 103.098 39.370 775 10.000 164,428 153,243 COVID grdnts recelved. IKluded In the akne. are as follows: Fundln8 by Ipswlch Bon)ugh C4X1 £NAI (2021: £10.(MJ)) PPORT cosrs Managemeni Finance Tothls PTrSdiool 158.3 159,14i Governan c*)5ts Include Ihe followin8 fees pald to the Indeiden1 examlw. 31.3.22 31.3.21 Independeni examinaiion Accounthncy seryiLYS 4.360 slipw costs, Included In the above, are as lollows: 31.3.22 31.3.21 ToLg1 actlvitl Pre-5thix)I 101.662 I.3 98.116 1.325 2.532 3.475 Sqxial serurity Pensi(X15 Oihcr 0ralIng leases - reni Raies and war Telephone Adven5slng Compuier costs Travel Caierin8 and actlvliie5 Educailonal resources Posi & stsiionery Cleaniiig Repaits & mainienan 3.51U 737 1.072 1.983 178 JO,603 1206 1369 5,661 1,665 3.8) 7.474 3.158 CArried lorward 137.8iO 123.422 Page 7 conunued...

tLoks1(k2t£5£hool SJPPORT COSTS- (xmtinu 31.322 31.3.21 Toial 1ivilie5 PSchl, Broughi lonvard ElirtaIning Profo&sIal fees Insurance Accouniancy Bank charges Donailons DepTeclaiion of tsnglble flxed a&sets l37.850 123.422 478 40 3.129 15,6(M) 5.ifrf) 45 187 159.145 129.741 TRusfEES REMUNERATION AND BENEFITS There were no Irusiees, nynunemion ff other benefi for the year ended 31 March 2022 nor for ihe year ended 31 March 2021. Trus The were no tnistees. exwises paid for the year ended 31 Marrh 2022 nor for the year endLxl 31 March 2021. srAFF COSTS 31.3.22 31J.21 Wages and salaries Social secuniv cos Oiher nsI cas 101.662 1.803 2.836 98.116 1.325 2.532 10&301 101.9T3 The average monihly number of employees durbng ihe year was as lollows: 31.3.22 31.3.21 No emplovees recelved Lynoluments in excess of £fA),(KXI. COM PARATIVESFOR THE STATEMENT OF FINANCIAL ACTIVITIES Unresirlcl fund INCOM E AND ENDOWMENTSFROM Chwltable axiviti Pre•Sth¢)ol 153.243 Investmeni IKome 93 153,336 EXPENDITURE ON Ralslng lunds 49 Page 8 coniinued_.

IQIJhlElda[MlQ2Z COMPARATIVESFOR THE STATEMENT OF FINANCIAL ACTIVITIES- OtinU1 Unrtsiriaed fund chlia)le1Vitl Pre-S(hool 129.741 Tcrtal 129.Th) NET INCOME 23.546 RECONCILIATION OF FUNDS Total funds broughi forward 61,&33 TOTAL FUNDSCARRIED FORWARD 85.379 TANGIBLE FIXEDAWS Fixiun and nulngs Compuier equlpmeni Totsls cosr Ai l April 2021 Addiiions 4.331 3,720 1.125 5,456 4,324 At 31 Marrh 2022 8,051 9.78U DEPRECIATION Al l April 2021 Charge for year 4.331 187 4.518 At 31 March 2022 4.657 i.303 NET BOOK VALUE Ai 31 March 2022 4.477 Ai 31 March 2021 938 938 DEBTORS AMOUNTSFALLING DUE WITHIN ONE YEAR 31.322 31.3.21 Trade debio oiher debiu 18.2r3 18.299 Page 9 coniinued...

10. CREDITORS. AMOUNTSFALLING DUE WITHIN ONE YEAR 31.3.22 31.3.21 Taxaiion and securiiy Other crodito (65) 6.887 612 2,112 MOVEMENT IN FUNDS Nei movfflienl in funds Ai 1.4.21 31.3.22 Unrariaal funds General fund 85379 TOTAL FUNDS 85J79 Net movement In fund5. inclu<kd In dxb alx)ve art as follows.. Incornlng Movemeni tunds exnded Unr&4ri0j funds (ienetal fund 164.445 (159,936) TOTAL FUNDS 164,445 ( li9.936) C(xnpWaiV t(Y movanff¢t In funds Nei movemeni In lunds Al 31.3.21 Ai 1.4.20 Unrearia8J lunds General fund 61.833 23,)46 85.379 TOTAL FUNDS 61.833 23.546 85.379 Comparative nd movemeni In fund Included In the atx)ve are as follows: Incomin8 Movemeni In funds Unr&4riciql lunds General fund 153.336 (129.79) ) 23.546 TOTAL FUNDS 153.336 (129.) 23.546 Page JO coniinued..,

N.oies. io the FInalI[.&[aleMents. MOVEM ENT IN FUNDS- <xnlinuql A current year 12 monihs and prior year 12 months cThnblned wjsidon is as lollows: Nel movement in funds Ai 31.3.22 Ai 1.4.20 Unr&riaal lunds General fund 61.833 28.055 89.888 TOTAL FUNDS 61.833 28.055 A curreni vear 12 mqxKh5 and prlor year 12 m(mths c(xnbined nd movemeni In fund& Included In ihe 3lM)ve are as follows: Incoming Movemeni in funds Unr&rittaJ funds Gefternl lund 317.781 (289.726) 28.055 TOTAL FUNDS 317,781 (289.T26) 28.055 RELATED PARTY DI£L0REs There were no related party transaai(Th for ihe year ended 31 March 2022. Page 11

REGISTERED CHARITY NUMBER.. 2937ce Flnandal Passmore Week5 and Rlchardson A Xeinadin ComTriny 2 Beac(M End Counyalll London Road, Sknmway COldster C03 ONU

ont e Financial S Pa8e Report of the Thtee5 Indedenl Examinetrs Rep Stsiemeni of Flnandal Aalvliles Balance Strttt Notes lo ihe Flnanclal Stsiements 6 11