der s... Woodlands Under 5's Pre-school Winters Park Community Centre Aldon Close. Vinters Pork. Moidstone. Kent. ME14 5QF Telephone.. 01622 6n131 e-ftmiil: w¢h)dlondsunder5@h0tNll.¢Q.uk ist¢r¢d Charity No: 801864 m&kir9 d differ¢xtt to littl¢ It¥ Trustees, Annual Report For year 0110112023 to 3111212023 Section A Reference and Administration Details Charity Name: Woodlands Under 5's Pre-school Charity No: 801864 Charity's Principal Address: Vinters Park Community Centre, Aldon Close, Vinters Park, Maidstone, Kent, ME14 5QF Name of Trustees Mrs. J Newland (Chairperson - resigned 11105123) Mrs. J Ball (Chairperson from 11105123) Mrs. R Downs. Secretary (resigned 09110123) Mrs. K Macey (Treasurer - resigned 11105123) Miss A Carter (Treasurer from 11105123) Miss A Bums, Committee Member (elected 3013122; Secretary from 9110123) Mrs. V Vidler, Committee Member (elected 11105123) Mrs. A Smith, Committee Member (resigned 11105123) All trustees are active as detailed above at the time of submission of this report. Professional Advisors Pre-school Leaming Allianc8 Ofsted KCC
Section B Governing document The Pre-school continues to adopt the Pre-school Leaming Alliance 'Model Pre-school Constitution 2011,. Trustee Selection Method Trustees are 618Cted on to the committee at the Annual General Me8ting and are parents of children who attend or have attended the Pre-school. Section C Objectives of the Charity To continue to provide children from the age of 2 to school age with an early years education, regardless of race, culture, religion, means or ability. Section D Activities and Achievements The setting has embarked on developing their practice in relation to promoting children's development in Language and Communication. The setting is working towards an Accreditation Award which is an evidence-based project, and collating evidence on the impact for the children. The submission date of this accreditation is 26th June 2024, and the setting will receive confirmation in September rf they have been successful.
Finance The Pre-school returned a profit of £7,832 for the year ending 31.12.23. The uptake of sessions in September 2023 was good and the Pr&School is currently operating at full session capacity. Th8 significant increase in minimum wage rates remains the biggest challenge to the Pre- School finances. Hall hire costs increased by 5.5 % in April 2023. Looking ahead, intake numbers for September 2024 are currently in line with the previous year, and the Pre-school is currently on a break even forecast. The Pre-school resumed fundraising activities in 2023. in particular the Easter and Christmas events. The Pre-school has been mindful of making too many monetary demands from parents during the current financial climate. Collaboration The Pre-school remains part of a collaboration with 6 other Pre-schools in the area with the Pre-school Manager attending regular meetings to share ideas, good practice and training. The collaboration receives an annual fund from KCC which is used to cover training costs and resource boxes which are rotated between the collaboration settings. Stsff and Trainin The Pre-school continues to ensure that all mandatory training is completed. In addition, staff regularly attend training to keep up to date in all ar8as of their Work including the Early Years Foundation Stag8 (EYFS), Safeguarding and Special Educational Needs. Section E Policies Pre-school policies have been reviewed and amended as necessary. The Pre-school continues to reserve money for statutory redundancy pay, in the event the Pre-school ceases to operate. The redundancy calculation stands at £21.209.40, as at 31.12.23. An amount of £2,100 has been transferred into the RedundancylReserves account in February 2023 to ensure there are enough funds to me8t this requirement. The provision of funds held in the account is £22,376.31.
Any balance in the restricted funds account is held as reserves as advised by the Pr School Learning Alliance to act as 'emergency funds, should the Pre-school fall into financial hardship. Section G The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Full Name(s) Position Jessica Ball Chairperson Annece Burns Secretary Date CJS I(J Eli¢JLI+ CJS106]z(S (original signed copy retained by trustees)
Woodlands Under 5's Pre-school Financial Year Ended 3111212023 RECEIPTS & PAYMENTS ACCOUNTS Section A - Unrestricted Funds Note: BreakdOTr using our own analysis Last Year to nearest £ This Year to nearest £ Receipts Fees Received for current year Fees Received in advance Fundraising (net of expenses) Grants 70,587 9,150 454 7,000 87,219 9,622 645 2,158 Total Receipts 87.191 99,644 Payments Wages & Salaries Employerfs pension costs Hall Hire & Storage Toys & Activities supplies Consumables Protective clothing & deaning PP&S & Telephone Insurance Accountancy Sundry Expenses Bank charges Repairs & Maintenance Equipment for Staff Transfer to restricted Funds Totsl Payments 60.920 485 7,422 1,160 779 523 915 1,112 360 857 182 764 24 73,603 739 8,993 2,704 1,122 554 1,150 1,144 360 639 197 134 473 2100 93,912 75,503 Net of Receiptsl(Payments) 11,688 5,732 Cash Funds Last Year End 15.077 26,765 Cash Funds This Year End 26.765 32,497
Woodlands Under 5's Pre-school Financial Year Ended 3111212023 Section B - Restricted Income Funds Note: BreakdoTr using our own analysis Last Year to nearest £ This Year to nearest £ Receipts Interest Transfer from Unrestricted Funds 332 2,100 Total Receipts 2.432 Net of Receiptsl(Payments) 2,432 Cash Funds Last Year End 19,911 19.945 Cash Funds This Year End 19,945 22,377 The Charity has no endowrrent funds.
Woodlands Under 5's Pre-school Financial Year Ended 3111212023 Section B Statement of Assets and Liabilities at the end of the period Unrestricted Funds Restricted Funds to nearest £ to nearest £ B1 Cash Funds Bank - Current Account Bank - Savings Account Total Cash Funds 32,497 22,377 22,377 32,497 Unrestricted Funds Restricted Funds to nearest £ to nearest £ B2 Other Monetary Assets Stock of fundraising items 210 Fund to whlch asset belon Unrestricted funds B4 Assets retsined for the charity's own use Toys and equipment Fund to whlch liability relates Unrestricted funds Unrestricted funds Amount Due (optional) B5 Liabilities Suppliers to be paid Fees received for next term 9,622 Signed by one or two Trustees: Name". Position: Date: Jessica Ball Chairperson Annece Bums Secretary
Woodlands Under 5's Pre-school Financial Year Ended 3111212023 Inde endent Examiners Re ort on the Accounts Signed: Date: {ql 2c>l Name: EhJOY brfts&R Relevant professional qualification of body (if any): FCA ( I CA£3) Address: ER IEC (Only complete if the examiner needs to highlight material problems) Give here brief details of any items that the examiner wishes to disclose