# **Steps Community Nursery** **ANNUAL REPORT April 2023 - March 2024** **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 Towana Hall Nursery Practitioner Allison Pin Nursery Practitioner- Room Leader Jenaya Mcintosh Nursery Practitioner Karen Marshall Admin/finance Officer Frances Whelan Cook Hannah Nwabia Cleaner** ## **- AGM REPORT 2023 2024** ## **Chairs Report** **2023-24 has had many ups and downs , but more downs than ups. Since the cOVID Pandemic we have still not recovered and the number of children remains low.** **April 2023 we had 23 children on roll. Half of them part timers and 10 members of staff including Admin, cook and Cleaner.** **We have seen a great change in the take up of full time places, which causes a big dent in our finances and we are using our reserve funds to keep the nursery going.** **Parents are still working from home and share in the care of their children, therefore not requiring as many full time places. We offer fulltime and part-time places, to children from 6 months to 5 years.** **We offer the 15hrs free entitlement to children from 9 months and 2 year 3and 4 years free entitlement of 15 hrs and 30 hrs to 3-4 years. We have tried to keep our fees at an affordable cost to the families, but as the cost of living goes up so does our fees.** **We continue to offer our children the Foundation Stage curriculum, concentrating mainly on the 3 prime areas and incorporating the specific areas of learning** **Many of our 3 and 4 year olds left us in September. We were left with 12 children on register and we are slowly getting more children into the nursery.At the end of 2024 the number of children increased to 24 We continue to ensure the care, education, welfare and wellbeing of all the children in our care.** **Jean Leader Chair** ## **Section 1 – The learning and development requirements** 1.1. This section defines what providers must do, working in partnership with parents and/or carers, to promote the learning and development of all children in their care, and to ensure they are ready for year 1. The learning and development requirements are informed by the best available evidence on how children learn and reflect the broad range of skills, knowledge and attitudes children need as foundations for good future progress. Early years providers must guide the development of children’s capabilities with a view to ensuring that children in their care complete the EYFS ready to benefit fully from the opportunities ahead of them. - 1.2. The EYFS learning and development requirements comprise: - the seven areas of learning and development and the educational programmes (described below) - the early learning goals, which summarise the knowledge, skills and understanding that all young children should have gained by the end of the reception year - the assessment requirements (when and how practitioners must assess children’s achievements, and when and how they should discuss children’s progress with parents and/or carers) Development Matters6, non-statutory curriculum guidance for the EYFS, is available to support providers in their delivery of the EYFS learning and development requirements. As this document is non-statutory, Ofsted and inspectorates of independent schools will not have regard to it in carrying out inspections and it is up to providers to decide how they approach the curriculum. The areas of learning and development 1.3. There are seven areas of learning and development that must shape educational programmes in early years settings. All areas of learning and development are important and inter-connected. 5 Providers offering care exclusively before and after school or during the school holidays for children who normally attend reception (or older) class during the school day (see paragraph 3.41) do not need to meet the learning and development requirements. However, providers offering care exclusively before and after school or during the school holidays for children younger than those in the reception class age range, should continue to be guided by, but do not have to meet, the learning and development requirements. All such providers should discuss with parents and/or carers (and other practitioners/ providers as appropriate, including school staff/teachers) the support they intend to offer. - -- 6 https://www.gov.uk/government/publications/development matters 2 8 1.4. 1.4. Three areas are particularly important for building a foundation for igniting children’s curiosity and enthusiasm for learning, forming relationships and thriving. These are the prime areas: - communication and language - physical development - personal, social and emotional development - 1.5. Providers must also support children in four specific areas, through which the three prime areas are strengthened and applied. The specific areas are: - literacy - mathematics - understanding the world - expressive arts and design ## **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** **All the children come together And play in harmony** **Caring sharing, bringing,** **Giving, showing kindness everywhere** **Gentle hands and** **Soft voices** **Are what we practice every day** **So if you want to come to 5 Steps** **Then you must be very kind** **British Values** **British Values are a set of five values introduced to keep children safe** **1. Democracy Making decisions together and listening to children’s and parent’s voices. At 5 Steps parent questionnaires are completed twice a year. Children are given opportunities to make decisions about choice of activities and resources they play with. This gives opportunities to develop enquiring minds in an atmosphere where questions are valued. 2. Rule of law Understanding that rules matter, as cited in Personal Social and Emotional Development. We consistently reinforce our high expectations of children. Children are taught the value and reasons behind our expectations (rules), that they are there to protect us, that everyone has a responsibility and the consequences when rules are broken.** **3. Individual liberty Freedom for all, for example reflecting on their differences and understanding that we are free to have different opinions. Children are actively encouraged to make choices, knowing that they are in a safe and supportive environment. We provide boundaries for young children to make choices safely, through our provision of a** **4. Mutual respect Treat others as you want to be treated. Children gain respect through interaction with caring adults who show and value their individual personalities. Positive, caring and polite behaviour will be encouraged and praised at all times in an environment where children learn to respect themselves, other people and their surroundings. 5. Tolerance of those of Different Faiths and Beliefs We aim to enhance children’s understanding of different faiths and beliefs by participating in a range of celebrations throughout the year. Children have the opportunity to dress-up in clothes and try foods from other cultures and we encourage parents and carers to participate and . support** ## **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 FIVESTEPS COMMUNITY NURSERY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FIVESTEPS COMMUNITY NURSERY REPORT OF THE TRusfEES FOR THE YEAR ENDED 3tst MARCH 2024 The Trustees present their report forthe year ended 31st March 2024 OWECTIVES AND AcnvmES The ¢hariV5 principal arttvity continues to be the provision of childcare fatilitles forthe publk benefit. ANANCIAL REVIEW The chaflty continued it's charita￿e objectives. There was a Inc￿se in both grant fvnding and fees from parents and expenses stsbilised. FUNDIIAISING POUCY The tharlty 15 funded byfees charged in exchan8e forthe provision of childcare facilitie5 and grants issued by the London Borou8h of Lewisham. sTrucruRE GOVERNANCE AND MANAGEMENT The members of the Trnstees who sepRd durin8 the year were: Jean Leader- Chaiman Abdul Durojalyd- TreasU￿r Tracey Nwabla The Board of Trustees keeps the skill requirements for theTrustee Board under review. Training expenses are provided for new trustee5 together with an induction pack comprislng a copy of the 8oveming bust deed, a copy of the last year'5 annual report and accounts. copies of Board minutes and a copy of the Charlty Commission's guidance'The Essential Trustee.. As a provider of childore. the Nurseryls registered with Ofsted and must meet the conditions that Ofsted places on a registration at all times that we provwje registered care. as well as other requirements for re8istratlon. The Trustees report wa5 approNYd by the Board of Trustees. $18ned on behalf of the trustees: Date: .£1.. -..S.-..I Jean Leader - Chalrnian of the Trustees FNE STEPS COMMUNITY NURSERY ADMINISTRATIVE DETJJLS FOR THE YEAR ENDED 31st MARCH 2024 Status The organisation is a tharity. Reglstered Charity Number 800206 Prfnclpal Alldress 15 Lamboume Grove Rotherhithe London SE16 2RR Trustees Jean Leader- ChaiM￿n Abdul Durojaiye - Treasurer Tracey N¥Ydbia Accountants Chartes Rippin and Tur Middlesex House 130 College Road Harrow Middlesex HA11BQ Bank The Cwperative Bank PLC Delf House Southway Skelmersdale WN8 6WT Flvg Step Communlty Nur• Nots8 10 tho accounts for tho yur end￿ 31st Ma￿h 2024 1. AccoupifiNG POUCIES Convenllon These acc#)unts have b8en prepared in accordance wllh the hislorlcal cost convention and in aCc￿danCe the Ststemenl of Reo)mmended Praclice 'Accountlng and Reporting by Charitles" Issued March 2LM15 {SORP 21J151 and ts Chanties Act 2011. Th8 principal policles whith the partners have adopted wTthin these convenlvms are sat i￿rt b8kMI. Income c(wnws8s of trf)th fees paid by the pamts of chiklren who attend the nursery and grants made by th8 I￿81 autlKYity. Investment Pollcy The trust hcAds no lon*temi investments. Cash reserves are held in der*)sit acco￿ts and any interest genorated is expended thrcugh the charitsble activtbes of the nursery. Restrlcted and Unrostrlct•d Funds The trust hc4ds no restri￿ funts. IYew•clatlon Dew8ciation has been computed lo write off th8 cost of lawble fixed assots over their expected us8ful lives usirvj th8 fdkMin9 ratss: Fixtures and fittin93 Plant and machinery 15% per annurn reducing balanc8 15% per annum reducing balance 2. GRANTS 2024 2023 London Borough of Lewlsham Nursery educalIc￿ grant COVID grant Fund raisirKJ 48,969 24.940 48,969 24.940 3. CHILDCARE FEES 2024 2023 Fees re￿v￿ from parents 140.114 160,853 OThER INCOME 2024 2023 Sundry income Furlough 8ank inter8St receivab 41 476 518 3.017 3,958 5. OCCUPANCY COSTS 2024 2023 15 Lambourne Grov• Rent 7,078 1,111 1.031 8,776 Water Light ￿ Heat Repsirs and maintenance Cleaning 794 7.129 1.785 5.220 24,738 1Q785 8TAFF COSTS 2024 2023 Salaries Tax&NI Agenoi Training 189.216 30,764 179.364 28.688 1.231 220,889 210,123 7. CHILDCARE COSTS 2024 2023 Toy repla￿rnents arKF materids Equipment renewals Outings arKI transpryt Legd and FKofessK¥MI fees Group actiwties 2,089 520 1,182 2,464 2.502 1,780 1.371 1,541 6,255 7,194 ADMINISTRATION COSTS 2024 2023 Telephone Prows1￿S 8fKI fund YaisiThJ Insurance Admin Sundries 2,117 7,107 1,271 295 65 1,938 5,621 1,212 373 20 Post and stationery 12.355 10.664 9 IJIIIYSIS OF CHARITI3LE FUNDS of B•l•K• kn¢¢xnlng Fund Fund Unr•*trlc￿ lunds Unrestsicted general fiKKIs 191fA1 264.871 364,975 191041 264,871 364,975 10 DEPRECIATION Flxlure5 aThJ fftb'r Plant 747 747 11 TANGIBLE FIXED ￿SETs Flxtvrm and Plant and Flttlngs IAachlnery Cort Al 1$lW2023 157 35,157 RevaualKw Bispos￿$ Al 3151 2ff24 157 31157 At 1st 2￿3 Chary• forts ygar R￿alUat￿)n5 l)thw rnovemtnls Eliminatim t￿ 157 At 31st 2024 31A04 31,561 N•t book valu• At 31st 2Q4 Al 31st M¥th 2023 4231 12 CASH ATBANK AND IN HAND 2024 2023 CwralNe 65251124 Cwerative 65￿144 Cash in hand 195,595 69,&56 1ei,238 $53,221 362,879 434,075 Fiv• Stop Comrnunlty Nurmry ststwnont offi￿n￿￿ &U¥ltkn forth• year •nded 31st March 2024 R￿trICtsd Unr¢strIc￿ Total Fund5 Totsl Funds Funds Funds 2024 2023 INCOMING RESOURCES F88 irK( 140.114 140,114 160,853 Grant incune 24,940 FthlwJh 41 income 3.017 3,017 476 Fth)d Ratsir 193,041 193,041 186 311 RESOURCES EXPENDED Occupancy costs Staff cc6ts1 Pensi( Chitdcar8 costs Administrdlion exF￿￿ Tdefv De￿￿￿￿'0n 24,738 24,738 16,785 210,123 7,194 10,f 747 6,255 12,355 6,255 12,355 Tlrtal rnsourc•8 •xp•n&d 264,871 264,871 245,513 Not In fund8 71,831 71,831 59,202 Tclal fijnds iwht fwd 496, Totsl fvnds carrlod forwad 364,975 364,975 436,806 Stsp CrnunRy Nurn BthrK• 31* 2024 2Q23 FW ASSETS Tarw a88ts 11 4231 CURRENT ASSETS PrepaY￿nts Cash 81 ￿nk wi h8r 12 ￿,879 434,075 434,075 CREDifoRS NET CURRENT ASSETS 361,379 432,575 NET A85Ers FUND BALANCES ReStr￿j fijrth Un￿trKt•j fi ,975 364,975 436,8C6 by 8rrtl syl cfi I-LS Jean Le*- Chairman FIVESTEPS COMMUNITY NURSERY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FIVESTEPS COMMUNITY NURSERY REPORT OF THE TRusfEES FOR THE YEAR ENDED 3tst MARCH 2024 The Trustees present their report forthe year ended 31st March 2024 OWECTIVES AND AcnvmES The ¢hariV5 principal arttvity continues to be the provision of childcare fatilitles forthe publk benefit. ANANCIAL REVIEW The chaflty continued it's charita￿e objectives. There was a Inc￿se in both grant fvnding and fees from parents and expenses stsbilised. FUNDIIAISING POUCY The tharlty 15 funded byfees charged in exchan8e forthe provision of childcare facilitie5 and grants issued by the London Borou8h of Lewisham. sTrucruRE GOVERNANCE AND MANAGEMENT The members of the Trnstees who sepRd durin8 the year were: Jean Leader- Chaiman Abdul Durojalyd- TreasU￿r Tracey Nwabla The Board of Trustees keeps the skill requirements for theTrustee Board under review. Training expenses are provided for new trustee5 together with an induction pack comprislng a copy of the 8oveming bust deed, a copy of the last year'5 annual report and accounts. copies of Board minutes and a copy of the Charlty Commission's guidance'The Essential Trustee.. As a provider of childore. the Nurseryls registered with Ofsted and must meet the conditions that Ofsted places on a registration at all times that we provwje registered care. as well as other requirements for re8istratlon. The Trustees report wa5 approNYd by the Board of Trustees. $18ned on behalf of the trustees: Date: .£1.. -..S.-..I Jean Leader - Chalrnian of the Trustees FNE STEPS COMMUNITY NURSERY ADMINISTRATIVE DETJJLS FOR THE YEAR ENDED 31st MARCH 2024 Status The organisation is a tharity. Reglstered Charity Number 800206 Prfnclpal Alldress 15 Lamboume Grove Rotherhithe London SE16 2RR Trustees Jean Leader- ChaiM￿n Abdul Durojaiye - Treasurer Tracey N¥Ydbia Accountants Chartes Rippin and Tur Middlesex House 130 College Road Harrow Middlesex HA11BQ Bank The Cwperative Bank PLC Delf House Southway Skelmersdale WN8 6WT Flvg Step Communlty Nur• Nots8 10 tho accounts for tho yur end￿ 31st Ma￿h 2024 1. AccoupifiNG POUCIES Convenllon These acc#)unts have b8en prepared in accordance wllh the hislorlcal cost convention and in aCc￿danCe the Ststemenl of Reo)mmended Praclice 'Accountlng and Reporting by Charitles" Issued March 2LM15 {SORP 21J151 and ts Chanties Act 2011. Th8 principal policles whith the partners have adopted wTthin these convenlvms are sat i￿rt b8kMI. Income c(wnws8s of trf)th fees paid by the pamts of chiklren who attend the nursery and grants made by th8 I￿81 autlKYity. Investment Pollcy The trust hcAds no lon*temi investments. Cash reserves are held in der*)sit acco￿ts and any interest genorated is expended thrcugh the charitsble activtbes of the nursery. Restrlcted and Unrostrlct•d Funds The trust hc4ds no restri￿ funts. IYew•clatlon Dew8ciation has been computed lo write off th8 cost of lawble fixed assots over their expected us8ful lives usirvj th8 fdkMin9 ratss: Fixtures and fittin93 Plant and machinery 15% per annurn reducing balanc8 15% per annum reducing balance 2. GRANTS 2024 2023 London Borough of Lewlsham Nursery educalIc￿ grant COVID grant Fund raisirKJ 48,969 24.940 48,969 24.940 3. CHILDCARE FEES 2024 2023 Fees re￿v￿ from parents 140.114 160,853 OThER INCOME 2024 2023 Sundry income Furlough 8ank inter8St receivab 41 476 518 3.017 3,958 5. OCCUPANCY COSTS 2024 2023 15 Lambourne Grov• Rent 7,078 1,111 1.031 8,776 Water Light ￿ Heat Repsirs and maintenance Cleaning 794 7.129 1.785 5.220 24,738 1Q785 8TAFF COSTS 2024 2023 Salaries Tax&NI Agenoi Training 189.216 30,764 179.364 28.688 1.231 220,889 210,123 7. CHILDCARE COSTS 2024 2023 Toy repla￿rnents arKF materids Equipment renewals Outings arKI transpryt Legd and FKofessK¥MI fees Group actiwties 2,089 520 1,182 2,464 2.502 1,780 1.371 1,541 6,255 7,194 ADMINISTRATION COSTS 2024 2023 Telephone Prows1￿S 8fKI fund YaisiThJ Insurance Admin Sundries 2,117 7,107 1,271 295 65 1,938 5,621 1,212 373 20 Post and stationery 12.355 10.664 9 IJIIIYSIS OF CHARITI3LE FUNDS of B•l•K• kn¢¢xnlng Fund Fund Unr•*trlc￿ lunds Unrestsicted general fiKKIs 191fA1 264.871 364,975 191041 264,871 364,975 10 DEPRECIATION Flxlure5 aThJ fftb'r Plant 747 747 11 TANGIBLE FIXED ￿SETs Flxtvrm and Plant and Flttlngs IAachlnery Cort Al 1$lW2023 157 35,157 RevaualKw Bispos￿$ Al 3151 2ff24 157 31157 At 1st 2￿3 Chary• forts ygar R￿alUat￿)n5 l)thw rnovemtnls Eliminatim t￿ 157 At 31st 2024 31A04 31,561 N•t book valu• At 31st 2Q4 Al 31st M¥th 2023 4231 12 CASH ATBANK AND IN HAND 2024 2023 CwralNe 65251124 Cwerative 65￿144 Cash in hand 195,595 69,&56 1ei,238 $53,221 362,879 434,075 Fiv• Stop Comrnunlty Nurmry ststwnont offi￿n￿￿ &U¥ltkn forth• year •nded 31st March 2024 R￿trICtsd Unr¢strIc￿ Total Fund5 Totsl Funds Funds Funds 2024 2023 INCOMING RESOURCES F88 irK( 140.114 140,114 160,853 Grant incune 24,940 FthlwJh 41 income 3.017 3,017 476 Fth)d Ratsir 193,041 193,041 186 311 RESOURCES EXPENDED Occupancy costs Staff cc6ts1 Pensi( Chitdcar8 costs Administrdlion exF￿￿ Tdefv De￿￿￿￿'0n 24,738 24,738 16,785 210,123 7,194 10,f 747 6,255 12,355 6,255 12,355 Tlrtal rnsourc•8 •xp•n&d 264,871 264,871 245,513 Not In fund8 71,831 71,831 59,202 Tclal fijnds iwht fwd 496, Totsl fvnds carrlod forwad 364,975 364,975 436,806 Stsp CrnunRy Nurn BthrK• 31* 2024 2Q23 FW ASSETS Tarw a88ts 11 4231 CURRENT ASSETS PrepaY￿nts Cash 81 ￿nk wi h8r 12 ￿,879 434,075 434,075 CREDifoRS NET CURRENT ASSETS 361,379 432,575 NET A85Ers FUND BALANCES ReStr￿j fijrth Un￿trKt•j fi ,975 364,975 436,8C6 by 8rrtl syl cfi I-LS Jean Le*- Chairman