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2020-12-31-accounts

(HARITY (OMMISSION. Trustees, Annual Report for the period Period start date Day Month Year 01 01 2020 Period end date Day Month T031 12 , Year 2020 From Section A Reference and administration details Charity name Little Gems Pre-school, Luton Other names charity is known by Raynham Way Pre-school (Previous Name, changed 2020) Registered charity number (if any) 802447 Charity's principal address Little Gems Pre-school, Luton CIO Wigmore Primary School Twyford Drive, Luton Postcode LU2 9TB Names of the charity trustees who manage the charity Trustee name Office (if any) Dates acted if not for whole ear Name of person (or body) entitled toa oint trustee Ifan CAROL BOWLER SAMANTHA DEVANE JENNIFER ROLLS CHAIR COMMirrEE COMMIThEE TREASURER SECRETARY COMMIThEE Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole ear JULIE BRIARS (CUSTODIAN TRUSTEE) ERIKA HURST (CUSTODIAN TRUSTEE) Names and addresses of advisers (Optional'infomiation) e of adviser Name Address INDEPENDENT NEIL GRIFFITHS EXAMINER LIGHTHOUSE ACCOUNTANCY LTD, THE OLD PUMP HOUSE, 44A NORTH ROAD, GREAT ABINGTON, CAMBRIDGE, CB216AS. Name of chief executive or names of senior staff members (Optional information) CAROL BOWLER- CHAIR, GEMMA BOWKETh- MANAGER, AMANDA CARNELL- ADMINISTRATOR TAR March 2012

Section B Structure, governance and management Description of the charity's trusts CONSTITUTION Type of governing document (eg trust deed, constitution) How the charity is constituted (eg. trust, association, company) MANAGEMENT COMMIFfEE WITH THREE TRUSTEES AND GENERAL COMMirfEE MEMBERS. 2 CUSTODIAN TRUSTEES. Trustee selection methods (eg appoiniea Dy, eiecieo by) ELECTED AT AGM. Additional governance issues (Optional infomiation) LirrLE GEMS PRE-SCHOOL WORKS CLOSELY WITH THE EARLY YEARS ALLIANCE FOR TRUSTEE GUIDANCE AND TRAINING. You may choose to include additional information, where relevant, about: policies and prO￿dureS 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 advance the education of children below school age by: a) Providing a safe, friendly environment for children to enjoy and progress. b) Encouraging other charitable activities through which parents may help the children. c) Furthering the aims of the pre-school. We run additional groups within pre-school. These can include phonics sessions, musical and PE sessions as well as groups tailored for children's specific needs, such as English as a second language. Little Gems Pre-school is dedicated to healthy eating and we have our own kitchen co-ordinator who plans healthy snacks with the children to help promote independence. All staff speak to the children about healthy choices and this is encouraged throughout the setting. We hope that this, in time, will reduce the obesity level in our children and the general community. Summary of the objects ofthe charity set out in its governing document 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) TAR March 2012

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. Section D Achievements and performance Summary of the main achievements of the charity during the year Little Gems Pre-school have continued to provide a safe and nurturing environment for young children in the community. Our education statistics, provided and commended by the local council, are above average for our location. We are extremely proud of this. Our SENDCO team work hard to bring on the development of special needs children and also those children that are performing slightly lower than their age appropriate level. We have nurture groups to help improve skills in all areas identified as needing support. We have had a difficult financial year due to COVID-19 and have had to spend large sums on additional cleaning items and procedures to keep our staff and the children safe and healthy. Although this has been a worrying time, financially, we hope we will recover well when things return to normal. Our donations and fundraising have been hugely redU￿d this year due to COVID-19 and we have had to can￿1 our main fundraising event of the year, our Halloween party, which always raised large amounts for the pre-school. We also had to cancel our sports day, leavers party and Christmas concerts, which was exceptionally sad for the children, parents and staff. Although things are different, and more challenging, we feel we are still providing an amazing service to the public and learning new ways to overcome COVID related issues. Section E Financial review We have a contingency account which covers three months running costs and redundancy pay. This account stands at £75,000 as of 3111212020. Once things return to normal and we are not so restricted, due to COVID, we hope to be able to increase this contingency with a view to replacing our portacabin building as they only have an estimated lifespan of 5-10 years, as ours is a refurb. A new one will cost in excess of £100,000. Brief statement of the charity's policy on reserves Details of any funds materially in deficit NIA TAR March 2012

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. The majority of the money we re￿1ve comes from the local authority for funded children. We also get funds from additional sessions, fundraising activities (Christmas and Halloween parties) and donations in cash or via our Amazon wish list. Section F Other optional information Lighthouse Accountancy independently examine our accounts and the Early Years Alliance process our payroll. This means that we have a stable routine in place so that a new committee do not have to wory about this side of our charity. This keeps things simple for everyone. Section G- Declaration 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 (eg Secretsry, Chair, etc) CAROL BOWLER SAMANTHA DEVANE CHAIR TREASURER Date 2010512021 TAR March 2012

TOTAL
JAN - DEC2O2O JAN - DEC 2019(PY)
lncome
Bank lnterest 66.94 190.95
Commission 289.37
Donations and legacies 32560 3540
Funding 108,273.71 '157,00238
Fundraising 15406 1,039 00
Grant 50000
SchoolMeals 423.00 679 5s
Service/Fee lncome 8,797.69 12,322.50
Total lncome t118,541.00 e171,559.15
Costof Sales
Costof sales 1,83070 3,141.18
Total CostofSales €1,830.70 e3,141.18
TOTAL E116,710.30 t'168,417.97
Expenditures
Accountancy 46500 600.00
Activies 362.18
Advertising/Promotional 1,281.72 879.00
Bankcharges 58.50 25.17
Bookkeeping 428.40 38640
Children's Entertainer 460.00
Children's Play Equipment 2,486.71 10,440.93
Clothing 24.00
ComputerCosts 1,339.92 1,172.20
DBSChecks 171 40
EmployersNl 8,58480 7,868.00
FirstAidSupplies 2995
Furniture Expenditure 69.99 1,277.60
GeneralExpenses 286.58 1,082.36
Gifts 175.00 3388
GrossPay 130,09s.01 146,26580
Hygiene Supplies 2,254.83 1,178.36
lnsurances 1,453.25 1,435.99
lnternet, Web &EmailCosts 93710 1,262.36
Kitchen Equipment 42088 254.62
Office/General Administrative Expenditures 675.73 b/t.tz
PAYE/NI 1,53934
Payroll Services 5100
Pension Contributions 1,887.29 2,14781
PhoneCosts 887.47 663.99
Printing, Postage and Stationery 97731 949.72
ProfessionalFeesand Services 2,380.00 5,35088
Purchases 41442
Bent orLeaseof Buildings 2,340.00 2,69160
TOTAL
JAN - DEC2O2O JAN -DEC2019(PY)
Repair, maintenance, servicing and security 1,720.82 10,614.56
Softlvare Updates and Subscriptions 531.46 384.97
StalfMeals& Entertainment 109.17 267.09
Staff Training 73810 1.220.60
StorageSheds 61294
Travel, Accommodation andParking 23.01 15400
Trips 249.00
Uncategorised Expenditure -13940 139.40
Uniform,BookBags and Clothing 107.81 551.19
Total Expenditures €164,979.09 t201,545.20
NET OPERATINGINCOME E-48,268.79 E33,127.23
NETTNCOME/(EXPENDTTURE) € -48,268.79 E33,127.23

IOTAL
ASOFDEC31.2020 ASOFDEC 31,2019(PY)
Fixed Asset
TotalFixed Asset
Cash at bank and in hand
Little Gems CurrentAcc(2681) 5,51998 40,182 50
Little GemsSavings(2746) 70,37033 75,303.39
TotalGash at bankandin hand t75,890.31 t115,485.89
Debtors
Debtors 3,395.72 1,'16525
TotalDebtors t3,395.72 c1,165.25
NET CURRENT ASSETS e79,286.03 t116,651.14
Creditors: amounts falling duewithinoneyear
TradeCreditors
Creditors 57673 726.73
Total Trade Creditors t576.73 1726.73
CurreniLiabilities
Accruals 465.00 600.00
Deposits 837 00 837 00
Tax andNational lnsurance 14,188.68 3,000.00
Total CunentLiabilities [15,490.68 e4,437.00
TotalCreditors: amountsfalling due withinoneyear e16,067.41 e5,163.73
NET CURRENTASSETS(LrABrLrTrES) f53,218.62 f.111,487 .41
TOTALASSETS LESSCURRENTLIABILITIES f63,218.62 f.111,487 .41
TOTALNETASSETS(LIABILITIES) effi,218.62 E1 11,487 .41
Charity funds
OpeningBalance Equity 103,156 89 103,156.89
Retained Earnings 8,33052 41,457 75
Surplus/(Deficit) -48.268.19 -33,127.23
TotalCharity funds t63,218.62 8111,487 .41

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