Steps Communit
y Nursery
ANNUAL REPORT
April 2020 - March 2021
MANAGEMENT COMMITTEE
Jean Leader Chair Abdul Durojaiye Treasurer Tracey Nwabia Management member
NURSERY STAFF
Jean Williams Manager Lyndsey Craig Manager Helen Okai Deputy Manager Jennifer Henry Nursery Practitioner Mabel Oseyemi Nursery Practitioner Sharmin Nahar Nursery Practitioner Allison Pin Nursery Practitioner Karen Marshall Admin/finance Officer Yasin Bojang Cook Hannah Nwabia Cleaner
AGM REPORT 2020-2021
Chairs Report
This year has been a very stressful one with the pandemic of Covid, which has affected the whole world. The nursery has been closed most of this year, from April 2020 to August 2020.
We opened back our doors in September 2020. We have been struggling in filling our nursery places as most of our children left in August to go to school, other parents found alternative child care and others were working from home.
In August we lost 8 children as they graduated to school. Since then we have been recruiting but our numbers are still low, therefore our income for 2020-2021 is in deficit.
During the pandemic we were able to pay the staff wages from FURLOUGH, Government funding of 80% and the nursery was able to pay the other 20%.
The nursery now has 13 children on roll, 3 Staff members in PreSchool Room with 8 children and 3 Members of staff with 4 children 0-3 years.
Unfortunately there was another lock down in January 2021 and the nursery has been closed up to the end of March 2021
Jean Leader Chair
COME TO 5 STEPS
Come to 5 Steps come to 5 Steps And you’ll have a lovely time We do painting
We do drawing
And we have a story time
All the children come
together
And play in harmony
Caring sharing, bringing, giving
Kindness everywhere
There’s no punching
There’s no fighting For we leave those things behind. So if you want to come to 5 Steps Then you must be very kind
Nursery Photograph’s
Our new photographer, Early Years Photography, will be here on Friday 15[th] November from 9:30am to take individual pictures of all of our children. You will receive a reference number to view your child’s images online and purchase the images you like. We can change outfits and include siblings as requested.
Family Photo’s
We want to make a book for every child
containing pictures of family and friends. These pictures help to boost children’s confidence and self-esteem, by sharing them with friends and staff. Children enjoy staff asking questions about their pictures and they can give children comfort knowing they can pick up their book any time. Please email your pictures to jean@5steps.org.uk
Include names of people please and we will make your child a book. It will be kept in the book corner and yours to keep when your child leaves.
Spare clothes
Please ensure your child always has 1 or 2 sets of spare clothes on their pegMake sure they are appropriate for the weather. Children do get messy or have accidents from time to time.
Mobile Phone Policy
Please adhere to our mobile phone policy. You must not enter the building while talking on your mobile phone. When you come to collect your children, they need your full attention. When staff see you, they may need to talk to you about your child’s day, please be aware of how important this policy is.
Intercom System
Please remember the intercom is there for the safety of the children. Sometimes we are unable to open the door immediately as everyone may be out in the garden.
Please ring the buzzer, when it is answered please say your child’s name and look in the camera. You will hear the door click then you can pull the door open.
Many Thanks, Jean and Lyndsey
Children Learn what they live
If children live with criticism, they learn to condemn. If children live with hostility, they learn to fight If children live with ridicule, they learn to be shy. If children live with shame, they learn to feel guilty. If children live with tolerance, they learn to be patient. If children live with encouragement, they learn confidence. If children live with praise, they learn to appreciate. If children live with fairness, they learn justice. If children live with security, they learn to have faith.
If children live with approval, they learn to like themselves.
If children live with acceptance and friendship, they learn to find love in the world.
ACKNOWLEDGEMENTS
Early Years Service ( Education Dept. London Borough Lewisham )
Voluntary & Statutory Nurseries
Early Years Training Provision
Pre-School Learning Alliance
NDNA
Charles Rippin & Turner - Accountants
The Management committee
The staff
The Parents
The Children
Steps Nursery
Signed Accounts 2021
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ILTnty 3ts1 ¥J CUFiRENT ASSErs 12 538.414 53&414 597 424 5•7A24 CREDm)RS Acuuals 3420 3A20 1.920 1.920 NETCURRENT ASSErs 5955D4 $40*9J 102.4J1 FUND BALANCES Restrie funds Unrestricted funds 802 431 EOI.431 S40.8S0 Jean Lea(Jer- Chaimian
FIVESTEPS COMMUNITY NURSERY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
FIVE STEPS COMMUNITY NURSERY
ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31st MARCH 2021
Status
The organisation is a charity.
Registered Charity Number
800206
Principal Address
15 Lambourne Grove Rotherhithe London SE16 2RR
Trustees
Jean Leader - Chairman Abdul Durojaiye - Treasurer Tracey Nwabia
Accountants
Charles Rippin and Turner Middlesex House 130 College Road Harrow Middlesex HA1 1BQ
Bank
The Co-operative Bank PLC Delf House Southway Skelmersdale WN8 6WT
FIVESTEPS COMMUNITY NURSERY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2021
The Trustees present their report for the year ended 31st March 2021
OBJECTIVES AND ACTIVITIES
The charity’s principal activity continues to be the provision of childcare facilities for the public benefit.
FINANCIAL REVIEW
The charity continued it's charitable objectives. There was a increase in both grant funding and fees from parents and expenses stabilised.
FUNDRAISING POLICY
The charity is funded by fees charged in exchange for the provision of childcare facilities and grants issued by the London Borough of Lewisham.
STRUCTURE GOVERNANCE AND MANAGEMENT
The members of the Trustees who served during the year were:
Jean Leader - Chairman Abdul Durojaiya - Treasurer Tracey Nwabia Jean Williams - Nursery Manager
The Board of Trustees keeps the skill requirements for the Trustee Board under review. Training expenses are provided for new trustees together with an induction pack comprising a copy of the goveming bust deed, a copy of the last year's annual report and accounts, copies of Board minutes and a copy of the Charity Commission's guidance "The Essential Trustee".
As a provider of childcare, the Nursery is registered with Ofsted and must meet the conditions that Ofsted places on a registration at all times that we provide registered care, as well as other requirements for registration.
The Trustees report was approved by the Board of Trustees.
Signed on behalf of the trustees:
……………………………………………………………………………Date: ………………
Jean Leader - Chairman of the Trustees
Five Step Community Nursery
Balance sheet at 31st March 2021
| Note 2021 £ FIXED ASSETS Tangible assets 11 CURRENT ASSETS Prepayments Cash at bank and in hand 12 538,414 538,414 CREDITORS Accruals 3,420 3,420 NET CURRENT ASSETS NET ASSETS FUND BALANCES 9 Restricted funds Unrestricted funds Approved by the board and signed on their behalf …............................................................................ Jean Leader - Chairman |
5,856 534,994 540,850 540,850 540,850 ….............. Date |
2020 £ 597,424 597,424 1,920 1,920 .. |
6,927 595,504 602,431 602,431 602,431 |
|---|---|---|---|
Five Step Community Nursery
Statement of financial activities for the year ended 31st March 2021
| INCOMING RESOURCES Fee income Grant income Furlough Other income Fund Raising Total incoming resources RESOURCES EXPENDED Occupancy costs Staff costs/ Pension Childcare costs Administration expenses/ Telephone Depreciation Total resources expended Net movement in funds Total funds brought forward Total funds carried forward |
Restricted Funds £ - - - - - - - - - - - - - - - |
Unrestricted Funds £ 39,990 46,144 96,379 1,579 - 184,092 15,892 216,523 5,035 7,151 1,071 245,673 61,581 - 602,431 540,850 |
Total Funds 2021 £ 39,990 46,144 96,379 1,579 - 184,092 15,892 216,523 5,035 7,151 1,071 245,673 61,581 - 602,431 540,850 |
Total Funds 2020 £ 203,687 77,262 - 2,645 204 283,799 19,196 242,456 4,815 16,702 1,223 284,392 593 - 603,024 602,431 |
|---|---|---|---|---|
Five Step Community Nursery
Notes to the accounts for the year ended 31st March 2021
1. ACCOUNTING POLICIES
Convention
These accounts have been prepared in accordance with the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" issued March 2005 (SORP 2005) and the Charities Act 2011. The principal policies which the partners have adopted within these conventions are set out below.
Revenue
Income comprises of both fees paid by the parents of children who attend the nursery and grants made by the local authority.
Investment Policy
The trust holds no long-term investments. Cash reserves are held in deposit accounts and any interest generated is expended through the charitable activities of the nursery.
Restricted and Unrestricted Funds
The trust holds no restricted funds.
Depreciation
Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives using the following rates:
-
Fixtures and fittings 15% per annum reducing balance - Plant and machinery 15% per annum reducing balance
-
GRANTS
| London Borough of Lewisham Nursery education grant 2 year old pilot scheme Welfare Food 3. CHILDCARE FEES Fees received from parents 4. OTHER INCOME Sundry income Furlough Bank interest receivable |
2021 £ 46,144 - - 46,144 2021 £ 39,990 2021 £ 254 96,379 1,325 97,958 |
2020 £ 77,262 - 204 77,467 2020 £ 203,687 2020 £ 1,110 - 1,535 2,645 |
|---|---|---|
| 5. OCCUPANCY COSTS 15 Lambourne Grove Rent Rates Water Light and Heat Repairs and maintenance Cleaning 6. STAFF COSTS Salaries Tax & NI Agency Training 7. CHILDCARE COSTS Toy replacements and materials Equipment renewals Outings and transport Legal and professional fees Group activities 8. ADMINISTRATION COSTS Telephone Provisions and fund raising Insurance Admin Sundries Accoutancy Post and stationery |
2021 £ 9,333 - 480 3,448 2,630 - 15,892 2021 £ 183,308 33,215 - - 216,523 2021 £ 1,961 1,300 294 1,480 - 5,035 2021 £ 1,858 2,561 500 97 636 1,500 - 7,151 |
2020 £ 9,146 - 1,294 3,365 5,391 - 19,196 2020 £ 197,049 36,699 8,188 520 242,456 2020 £ 1,880 1,830 710 395 - 4,815 2020 £ 1,826 11,799 - 361 796 1,920 - 16,702 |
|---|---|---|
9 ANALYSIS OF CHARITABLE FUNDS
| Analysis of Fund Movements Unrestricted funds Unrestricted general funds Restricted funds Total 10 DEPRECIATION Fixtures and fittings Plant and Machinery 11 TANGIBLE FIXED ASSETS Cost At 1st April 2020 Additions Revaluations Other movements Disposals At 31st March 2021 Depreciation At 1st April 2020 Charge for the year Revaluations Other movements Elimination on disposals At 31st March 2021 Net book value At 31st March 2021 At 31st March 2020 |
Balance Incoming b/fwd Resources £ £ 602,431 184,092 - - 602,431 0 184,092 2021 2020 £ £ 1,034 1,216 37 7 1,071 1,223 Fixtures and Fittings Plant and Machinery £ £ 35,000 157 - - - - - - - - 35,000 157 28,110 120 1,034 37 - - - - - - 29,144 157 5,856 0 6,890 37 |
Resources Expended £ 245,673 - 245,673 Total £ 35,157 0 0 0 0 35,157 28,230 1,071 0 0 0 29,301 5,856 6,927 |
Fund c/fwd £ 540,850 - 540,850 |
|---|---|---|---|
12 CASH AT BANK AND IN HAND
| Co-operative 65251124 Co-operative 65396144 Cash in hand |
2021 £ 175,401 362,687 326 538,414 |
2,020 £ 235,584 361,362 479 597,424 |
|---|---|---|
FIVESTEPS COMMUNITY NURSERY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
FIVE STEPS COMMUNITY NURSERY
ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31st MARCH 2021
Status
The organisation is a charity.
Registered Charity Number
800206
Principal Address
15 Lambourne Grove Rotherhithe London SE16 2RR
Trustees
Jean Leader - Chairman Abdul Durojaiye - Treasurer Tracey Nwabia
Accountants
Charles Rippin and Turner Middlesex House 130 College Road Harrow Middlesex HA1 1BQ
Bank
The Co-operative Bank PLC Delf House Southway Skelmersdale WN8 6WT
FIVESTEPS COMMUNITY NURSERY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2021
The Trustees present their report for the year ended 31st March 2021
OBJECTIVES AND ACTIVITIES
The charity’s principal activity continues to be the provision of childcare facilities for the public benefit.
FINANCIAL REVIEW
The charity continued it's charitable objectives. There was a increase in both grant funding and fees from parents and expenses stabilised.
FUNDRAISING POLICY
The charity is funded by fees charged in exchange for the provision of childcare facilities and grants issued by the London Borough of Lewisham.
STRUCTURE GOVERNANCE AND MANAGEMENT
The members of the Trustees who served during the year were:
Jean Leader - Chairman Abdul Durojaiya - Treasurer Tracey Nwabia Jean Williams - Nursery Manager
The Board of Trustees keeps the skill requirements for the Trustee Board under review. Training expenses are provided for new trustees together with an induction pack comprising a copy of the goveming bust deed, a copy of the last year's annual report and accounts, copies of Board minutes and a copy of the Charity Commission's guidance "The Essential Trustee".
As a provider of childcare, the Nursery is registered with Ofsted and must meet the conditions that Ofsted places on a registration at all times that we provide registered care, as well as other requirements for registration.
The Trustees report was approved by the Board of Trustees.
Signed on behalf of the trustees:
……………………………………………………………………………Date: ………………
Jean Leader - Chairman of the Trustees
Five Step Community Nursery
Balance sheet at 31st March 2021
| Note 2021 £ FIXED ASSETS Tangible assets 11 CURRENT ASSETS Prepayments Cash at bank and in hand 12 538,414 538,414 CREDITORS Accruals 3,420 3,420 NET CURRENT ASSETS NET ASSETS FUND BALANCES 9 Restricted funds Unrestricted funds Approved by the board and signed on their behalf …............................................................................ Jean Leader - Chairman |
5,856 534,994 540,850 540,850 540,850 ….............. Date |
2020 £ 597,424 597,424 1,920 1,920 .. |
6,927 595,504 602,431 602,431 602,431 |
|---|---|---|---|
Five Step Community Nursery
Statement of financial activities for the year ended 31st March 2021
| INCOMING RESOURCES Fee income Grant income Furlough Other income Fund Raising Total incoming resources RESOURCES EXPENDED Occupancy costs Staff costs/ Pension Childcare costs Administration expenses/ Telephone Depreciation Total resources expended Net movement in funds Total funds brought forward Total funds carried forward |
Restricted Funds £ - - - - - - - - - - - - - - - |
Unrestricted Funds £ 39,990 46,144 96,379 1,579 - 184,092 15,892 216,523 5,035 7,151 1,071 245,673 61,581 - 602,431 540,850 |
Total Funds 2021 £ 39,990 46,144 96,379 1,579 - 184,092 15,892 216,523 5,035 7,151 1,071 245,673 61,581 - 602,431 540,850 |
Total Funds 2020 £ 203,687 77,262 - 2,645 204 283,799 19,196 242,456 4,815 16,702 1,223 284,392 593 - 603,024 602,431 |
|---|---|---|---|---|
Five Step Community Nursery
Notes to the accounts for the year ended 31st March 2021
1. ACCOUNTING POLICIES
Convention
These accounts have been prepared in accordance with the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" issued March 2005 (SORP 2005) and the Charities Act 2011. The principal policies which the partners have adopted within these conventions are set out below.
Revenue
Income comprises of both fees paid by the parents of children who attend the nursery and grants made by the local authority.
Investment Policy
The trust holds no long-term investments. Cash reserves are held in deposit accounts and any interest generated is expended through the charitable activities of the nursery.
Restricted and Unrestricted Funds
The trust holds no restricted funds.
Depreciation
Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives using the following rates:
-
Fixtures and fittings 15% per annum reducing balance - Plant and machinery 15% per annum reducing balance
-
GRANTS
| London Borough of Lewisham Nursery education grant 2 year old pilot scheme Welfare Food 3. CHILDCARE FEES Fees received from parents 4. OTHER INCOME Sundry income Furlough Bank interest receivable |
2021 £ 46,144 - - 46,144 2021 £ 39,990 2021 £ 254 96,379 1,325 97,958 |
2020 £ 77,262 - 204 77,467 2020 £ 203,687 2020 £ 1,110 - 1,535 2,645 |
|---|---|---|
| 5. OCCUPANCY COSTS 15 Lambourne Grove Rent Rates Water Light and Heat Repairs and maintenance Cleaning 6. STAFF COSTS Salaries Tax & NI Agency Training 7. CHILDCARE COSTS Toy replacements and materials Equipment renewals Outings and transport Legal and professional fees Group activities 8. ADMINISTRATION COSTS Telephone Provisions and fund raising Insurance Admin Sundries Accoutancy Post and stationery |
2021 £ 9,333 - 480 3,448 2,630 - 15,892 2021 £ 183,308 33,215 - - 216,523 2021 £ 1,961 1,300 294 1,480 - 5,035 2021 £ 1,858 2,561 500 97 636 1,500 - 7,151 |
2020 £ 9,146 - 1,294 3,365 5,391 - 19,196 2020 £ 197,049 36,699 8,188 520 242,456 2020 £ 1,880 1,830 710 395 - 4,815 2020 £ 1,826 11,799 - 361 796 1,920 - 16,702 |
|---|---|---|
9 ANALYSIS OF CHARITABLE FUNDS
| Analysis of Fund Movements Unrestricted funds Unrestricted general funds Restricted funds Total 10 DEPRECIATION Fixtures and fittings Plant and Machinery 11 TANGIBLE FIXED ASSETS Cost At 1st April 2020 Additions Revaluations Other movements Disposals At 31st March 2021 Depreciation At 1st April 2020 Charge for the year Revaluations Other movements Elimination on disposals At 31st March 2021 Net book value At 31st March 2021 At 31st March 2020 |
Balance Incoming b/fwd Resources £ £ 602,431 184,092 - - 602,431 0 184,092 2021 2020 £ £ 1,034 1,216 37 7 1,071 1,223 Fixtures and Fittings Plant and Machinery £ £ 35,000 157 - - - - - - - - 35,000 157 28,110 120 1,034 37 - - - - - - 29,144 157 5,856 0 6,890 37 |
Resources Expended £ 245,673 - 245,673 Total £ 35,157 0 0 0 0 35,157 28,230 1,071 0 0 0 29,301 5,856 6,927 |
Fund c/fwd £ 540,850 - 540,850 |
|---|---|---|---|
12 CASH AT BANK AND IN HAND
| Co-operative 65251124 Co-operative 65396144 Cash in hand |
2021 £ 175,401 362,687 326 538,414 |
2,020 £ 235,584 361,362 479 597,424 |
|---|---|---|