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2021-08-31-accounts

St Nicholas Pre-School Playgroup Hurst Charity Number 900344

Accounts for the Year ended 31 August 2021

St Nicholas Pre-School Playgroup Hurst Year ended 31 August 2021 Trustees Report

The following trustees held office during the year ended 31 August 2021:

Chair Mrs L Hand Secretary Mrs M Buckle Treasurer Mrs R Rimmer

On the 19th October 2020 the committee resigned and the above trustees were appointed as well as four further committe members.

All three trustees have a vested interest in the pre-school as they have children attending during this financial year.

Governance and Management

The charity is an association consisting of three trustees and four further parent lead full committee members with roles encompassing marketing & fundraising. Safeguarding is to be overseen by Preschool manager Mrs Claire Guile and Deputy manager Miss Lucy Davis with committee support.

Objectives of the charity

At St. Nicholas Pre-School we aim to provide a happy, fun and secure learning experience for our children where their individuality are respected and valued. We will promote all areas of their development through the Early Learning Goals helping them to become more independent in preparation for their transition to primary school. We do this by providing play facilities appropriate to age and development so that Social linguistic, Physical, Creative, Intellectual, and Emotional development may be explored and enhanced. Parents and carers are vital to the setting to achieve these goals and they are always very welcome to stay and help. Parents are encouraged to join their child at St. Nicholas at least once a term to share their experiences.

Provision

Provision is made for up to 26 pupils per session over 10 sessions per week (Monday to Friday) as follows:

Morning session (9am - 12 noon) Afternoon session (12pm - 3pm)

Chairman's review of performance

Following yet another year of uncertainty due to COVID-19 and its restrictions, I am once again proud to say we are still in an incredibly strong position. The pre-school has weathered and adapted to many changes with ease, supporting each other and all our families. As a result the pre-school continues to be in high demand, with waiting lists for Autumn term. Our staff have continued to improve their early years qualifications. Despite restrictions on fundraising events we have managed to adapt our methods meaning we could still raise funds to help improve the resources and surroundings at preschool. The pre-school interior benefitted from a much needed bathroom renovation during the Easter holidays.

Summary of financial results and charitable activity

The Trustees and Committee have invested much time and commitment to improve the environment, reputation and performance of the setting by marketing, raising standards and implementing policies and procedures up to date with current legislation and increasing the head count of children. The Trustees and Committee have supported the staff and preschool in implementing Covid safe practices, managing the financial difficulties that accompanied lockdown and re-opening.

Post balance sheet events

Ofsted reviewed the setting in January 2017. The outcome is a 'Good' in all areas with a very positive overall report. The pre-school continues to strive to become 'Outstanding' in all areas. Due to COVID most inspections have been delayed, we potentially anticipate an Ofsted visit in 2021/2022.

Declaration

The Trustees declare that they have laid the financial statements and trustees report before the members of the committee attending a meeting held on 18 October 2021 and that the financial statements and trustees report were duly approved at the meeting. Due to COVID AGM held virtually. Signed on behalf of the charity's trustees

12.10.21 …………………………………………………. ……………………….. Miss Lucy Hand Date Chair

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St Nicholas Pre-School Playgroup Hurst Year ended 31 August 2021 Income & Expenditure Account

Income
Direct Pre School Costs
Other Direct Costs
Gross Profit
Other Income
Expenditure
Employee Costs
Premises Costs
Repairs/Maintenance
General Administrative Expenses
Advertising, Promotion & Entertainment
Payroll Bookkeeping
Other Expenses
Surplus / (Deficit)
2021
£
142,353
4,390
321
137,642
0
108,223
8,537
10,368
4,150
-
2,050
-
133,328
4,314
2020
£
139,921
6,416
27
133,478
0
103,839
6,985
4,122
2,583
-
2,055
39
119,623
13,856

St Nicholas Pre-School Playgroup Hurst Year ended 31 August 2021

Balance Sheet

Current Assets
Current Account
Savings account
Petty cash
Fees & equipment debtors
Other debtors
Prepayments
Current Liabilities
Trade creditors
PAYE
Other creditors
Accruals & deferred income
Net Current Assets
Net Assets
Capital Account
Balance at start of period
Net (Deficit)/Surplus
2021
£
2,223
110,153
-
52
300
631
113,359
310
782
968
30,421
32,528
80,831
80,831
76,517
4,314
80,831
2020
£
5,536
103,210
-
590
-
500
630
109,286
337
604
1,006
30,822
32,769
76,517
76,517
62,661
13,856
76,517