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2023-08-31-annual-report

Trustees’ annual report

Notes to the accounts for the period 01/09/2022 – 31/08/2023

Charity name Gleno Preschool

Charity No 103378

Objectives & Activities

Summary of the purposes of the charity as set out in its governing document

Para 1.17

To promote play based learning for children under statutory school age in the Gleno area

Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.

Para 1.17 and 1.19

To advance the education of the beneficiaries by providing safe group play Activities. Parental involvement.

Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit

Para 1.18

The trustees of Gleno preschool have regard to the charity commission’s public Benefit guidance and have awareness of this guidance.

Achievements & Performance

Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.

Para 1.20

Gleno preschool have increased their awareness of the preschool in the local community, with a number of preschool children seeking places and entering education. A new outdoor area has been installed benefitting the children attending preschool. All preschool children made a successful transition to Primary school learning.

Financial Review

Review of the charity’s financial position at the end of the period

Para 1.21

Expenditure for the period was high due to increase in staff numbers and wages. No profit made. DENI funding has not been increased. New preschool committee started so no significant fundraising happened.

Statement explaining the policy for holding reserves stating why they are held

Para 1.22

Reserves are held in case of staff redundancy- due to children numbers falling or requirement for significant investment in resources.

Amount of reserves held

Para 1.22

£19290.99

Reasons for holding zero reserves

Para 1.22

N/A

Details of fund materially in deficit

Para 1.24

N/A

Explanation of any uncertainties about the charity continuing as a going concern

Para 1.23 2

N/A

Structure, Governance & Management

Type of governing document (trust deed, royal charter)

Para 1.25

Constitution

How is the charity constituted? (E.g. unincorporated association, CIO)

Para 1.25

Unincorporated

Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees

Para 1.25

Trustees are elected at the annual General meeting, elected to posts Proposing and seconding by the parents in attendance.

Reference & Administrative Details

Charity name

Gleno Preschool

Registered charity number

103378

Charity’s principal address

15 Gleno Village, Larne, County Antrim, BT40 3LG

Names of the charity trustees who manage the charity:

Trustee name

Samantha Logan – Chairperson

Joanne Kennedy – Assistant Chairperson

Mhairi Mawhinney – Secretary

Heather McFadden – Treasurer

Funds held as custodian trustees on behalf of others

N/A

Exemptions from disclosure

N/A

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Samantha Logan (Chairperson) Joanne Kennedy (Asst. Chairperson)

Date 13/05/2024