CHARITY REGISTRATION NUMBER: 1020590 Chalfont St Giles Pre-school Playgroup Unaudited Financial Statements 31 August 2024
Chalfont St Giles PreChoOl Playgroup Flnanclal Statements Year ended 31 August 2024 Page Trustees, annual report Independent examinerfs report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements
Chalfont St Giles Pre-school Playgroup Trust8as' Annual Report Year ended 31 August 2024 The trustees psent their report and the unaudrted financial statements of the charity for the year ended 31 August 2024. R•fgr•nce and admSnlstratlv• delall• Reglstered eh•rlty n•mo Chalfonl Sl Giles Pr&School Playgroup ChaTIty r•glslrallon number 10205 Prlnclpal offlrA CSG Cnckel P8Vi1ion Cfossleys Off BowstrKlge Lane Chalfont Sl GAes HP8 4QN Buckinghamshire Th• trust•es L Franey C Honour-smith L Andefson-smith K Ladhams C Lewis-Hayes Independ•nt examln•r Debson & Co Galley House. Second Flr Moon Lane Bamet Herts EN5 SYL StructUTfj, govornanc• and management The trustees and officers dunng the penod were as fdlow5. L Franey Ctrchair, t)ok-keeper and Administran. C Lewis-Hayes Co£hair and treasurer. C Honour-srnith L Anderson-smith K Ladhams L Franey rrwjnitored the accounts and prepared bookkeeryng during this period and this was overseen by C L8WIS-Hayes.
Chalfont St Glles Pre-school Playgroup Trustees, Annual Report (¢onllnu•d) Year ended 31 August 2024 Obl•ctlv•s and actlvftl•* The charity operates a pre-schixjl for children agèd two to four years old. 11 has fivè unpaid volunteer Trustees and five paid Earty Years Practitioners. including an administrator. Additional actlvilies offered indude Football, which encourages sport and frtness and also forest dub. giving the children the opportunity for holistic developmenL Fundraising events are held to raise fijnds for the charty and encourage attendanc8 al the school. Achlevem•nts and perfomian¢a During this p8rtod. we have seen a vast improv8ment financially, due lo a grant of £10,000 from Bucks Eady Years w8 were able lo get through our low period from September lo D8c8mb8r 2023 wrthoul struggle. As the number of apIcatIonS and attendance improved, we were thén able to save each month and add approx. £1.000-£2.1)00 each month from January 2024. This enabled us lo create an account which we can rety on should thè pre-s¢h¢Jol ever face financial difficulty again or we were forc8d to dose and pay out redundancy mpensa1t0n to our paid staff. Applications improved drasts'cally this year meaning our income saw a large increase. This was due to a combination of using funds to adv8rtise th8 school and th8 introduction of free funding hours to working parents which has been introduced and increased by the govemment. We were able lo re-open aftemoon sessions, however we still managed to do this with a paid staff of five. We did give small pay rises but onty in line with the cost of living and minimum wage increases. Due to the introduction of the additional charg8s for consumables and activrtiès for materials and asking parents to provide their own nappK8s and wipes this meant we were better able to manag8 our main finances. as these funds collected direcuy from parents mèant Ihis covered those costs completely. This enabled us to use monies raised from fund raising events and some Charities. to make improvements lo the pre-school classroom and outdoor garden area such as new Ilooring and a new storage shed and all-weather shelter. Income from charitable aclivities has remained the same, we were lucky enough to be able to run the samé ev8nts this year however. we see a decrease in local attendance so did not introduce more as w6 feel economically families are still struggling financially and unable to give more. We were lucky enough to win a competition with Tesco stronger starts which raised 8 £2.000 donation and some smaller donations from Ial businesses and famili8s. However. we continued to recelve a lot of dedined aP1¢ationS to larger charit$ due to our sizable income through childcare funding. Our 8xpenditure remained similar to last year, as this is mad8 up of mostly staff salary, however we saw a decrease as we did not need lo use account funds for larger equipment this year. Our rent for our premises remained the same, as our landlord (The CSG Cricket Club), sb'll has ongoing lease negotiations wth the l¢xal Parish Council. Thi5 may increase in the future should this situation become resofved and wè have an additional responsibility to cover 75% of the electric usag8 in the winter months and 50Yo in the summer months. We move Into the year with charitable assets of £24,169 and we are pleased to have a betler security than last year. Once we hav8 more security with our leasing of the premises. we will be abl8 to U88 funds to improve the pre-school and look forward to discussing this as a group.
Chalfont St Glles Pre4chool Playgroup Trustee8' Annual Report (wnllnwdl Year ended 31 August 2024 Flnancl•l r•vlew Many Pre-schools are continuing to strugglè under the pressur8 of increased funning costs. However, as we received a £10,000 sustsinability granl frorn Bucks Early Years which saw us Ihfough our rnosl difficult period, w8 have been able lo make considerabl8 financial improvements to the pre-school this year. We also did not have the same ossenlial costs requir8d last year wllh replacing all our 8quipm8nt ar)d resourc8S. We have continued the same agreement with our rent with no incrgase and thè same for our percentsge of contributn lo the electric costs shared with our landlord. We were happy to be able to make vast improvements to the pre-s¢hcd and still be able lo offer suitable staff salaries to qualffied staff and $8ve monies for potential future difficulties or any major costs we may incur. We will continue lo charge for consumables and increase this cost by a small percentage each y6ar and conb'nue our savings plan as we did this yèar. The trustees. annual report was approved .............................. and signed on behalf of the board ol trustees by.. L Franey Tnjstee
Chalfont St Glles Pre-school Playgroup Independent Examlnerf8 Roport to the Trustees ol Chalfont St Glles Pre-school Playgroup Year ended 31 August 2024 I report to the tTUStees on my examination of the financial slaiem8nts of Chalfonl Sl Giles Pre-school Playgroup I'the charity) for the year ended 31 August 2024. Responslbllltlo8 and ba81s of r•port As the trust88s of the charity you are responsible for the preparation of the flnancial ststements In accordancè with the requirements of tho Charities Act 2011 ('the Act'l. I report in respect of my examination of the chanty's financial slalemenls carried out under section 145 of the 2011 Act and in carrying out my examinatM)n I have frAlowed all the applicabfe Directions gNen by the Charity Commission under section 145(51{b) of the ACL Independent oxamlnerfs 8tatemont I have completed my examination. I confinn that no material matters have come to my attention in connection with the examination giving me cause lo believe that in any material respect: accounting records were not kept in respect of the charity as required by sodion 130 of the Acl: or the finan(ial stslements do not accord with those records; or the financial stalemenls do not comply with the applicable requirements Gonceming the form and contenl of accounts set ¢t in the Charities (Accounts and Reports) Regulations 2008 other than any fequiremènt that the accounts give a 'lrue and fairf view which is not a matter considered as part of 8n independent examinath)n. I have no concems and have come across no other matters in conneclion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to b8 reached. Debson & Co Independenl Examiner £0161?oif Gall8y House, Second Floor Moon Lan8 Bamel Herts EN5 SYL
Chalfont St Giles Pre-school Playgroup Statement of Flnanclal Actlvltles Year ended 31 August 2024 2024 Unreslrid8d funds Tot•1 funds 2023 Totsl fijnds Not• Incom• and •ndowm•nt• Donations and legacies Charitable activities Investment income 81,504 32,101 65 81,504 32.101 65 46,655 31.033 Total income 113,670 113,670 77,742 Exyndlturo Expenditure on raising funds.. Costs of raising donations and legacies Totsl •xp•ndlture 95,972 95.972 103,034 95.972 95.972 103,034 Not incom•l(exponditure) and not movomont In funds 17,698 17.698 (25,292) Reconcillatlon of fvnds Total fijnds brought forward Total funds carrled forward 6.471 6,471 31,763 24.169 24.169 6.471 The stslemenl of financial activities inclLJdes all gains and losses renised in the yeaf. All incomè and expenditure derrve from continuing activities. Tho not•• on pagM 7 to 9 fomi part of th•s• Ilnanclal stat•m•nts.
Chalfont St Giles Pre4chool Playgroup Statement of Flnanclal Position 31 August 2024 2024 2023 Not• Current assets Cash at bank and In hand 24.169 6,471 6,471 Net current asséts 24,169 24.169 Total assets1088 curr•nt Ilabllltlos 6,471 Funds of the charlty Unreslricted funds 24.169 6,471 Total charlty fund• 12 24,169 6,471 Thes fin8nciaJ ststemenls were approved by the board of trustees and authorised for issue on 1.1.) and are signed on behalf of the board by: L Franey Trustee ac)J0612j Th• nots• on p•g•• 7 tr19 fomi part of th•M financlal •tst•m•nts.
Chalfont St Glles Pre4chool Playgroup Notes to the Flnanclal Statemènts Year ended 31 August 2024 G•n•ral Inforniatlon The charity is a public benefit entity and a regislered chartty in England and Wales and is unincorporated. The address of the principal office Is CSG Cncket Pavilion. Crossleys, Off B¢)wslridg8 Lane, Chalfont Sl Giles, HP8 4QN, Buckinghamshir8. ststement of compllance These financial stalemenls have been prepared in compliance WTth FRS 102, The Financial Reporting Standard applicatrA8 in the UK an¢J the Republlc of Ireland,, the Slatem8nt of Recomm8nd8d Practice applicablo to chanlies preparing their accounls in a¢cordanc8 with th8 Financial Rep¢)rting Standard applicable in the UK and Republic of Ireland IFRS 102) {Charitses SORP {FRS 102)) and the Charities Act 2011. Accounllng pollclos 8451$ of preparatlon The financial statements have been pr8par8d on a cash basis. The financial stslements are prepared in sterling, which Is the funCt)nal currency of thè entsty, Golng concern There are no material un¢ertainti6s ab)ul the charity's ability to continue. Fund accounting Unrestricled funds are availat4e for use at the discretion of th8 trustees to further any of the chanVs purposes. Incomlng resources All incoming resources are incJud8d in Ihe statemenl of financial athvits'as on a cash basis when received. AOUrceS •xperKled Expenditure is recognised on a cash basls at the time payment is made. AJI costs are allocated to expenditure categories r6fle¢ting the use of the resource. Gov•rnmont grants Govemmeni grants are reccgnised on a cash basis al the bme of receipL
Chalfont St Giles Pre4chool Playgroup Notes to tho Flnanclal Statements (conth7wd) Year ended 31 August 2024 Accountlng pollcl•8 (¢OnlInd) Defin•d contrlbutlon plan• Contnbulions to defined contribution plans are recognised on 8 cash basis when payment is made. Donatlons and logacle8 Unreslncted Total Fund$ Unr8Stricted Total Funds Funds 2024 Funds 2023 Grants Government granl inoyne 76,224 76.224 46.154 46,154 Other donatlon• •nd l•gacl•• DonalKJns 5.280 5.280 501 501 81.504 81,504 46.655 46,655 Charltablè actlvltlos Unrestnctéd Tolal Funds Unrestncted Total Funds Funds 2024 Funds 2023 Feés & Deposts 32,101 32.101 31,033 31.033 Inv•stmont Income Unrestncted Totsl Funds Unrestricted Total Funds Fun¢Js 2024 Funds 2023 Bank intewt receivatjlo 65 65 Costs of ralsing donatlons and legacl•s Unrestricted Total Fund• Unresln¢led Totsl Funds Funds 2024 Funds 2023 Costs of raising donations and legacies 95,972 95.972 103.034 103,034 Staff costs No employee received ernoluments of m(xe than £60,OCXI In the current or prior years. Tru•ts• romun•ratlon and •xp•ns One of the trustees, Louis8 Franey also serves as an employee of th8 chanty. undertaking administrative dutses. RemUneraln is receN&I for these seplices following approval given by Ihe Chanties Commission. During the period. remuneration of £4.051.26 was received for the services whth were rendered in the capacity of employee, not trustee.
Chalfont St Giles PreChoOl Playgroup Notes to the Flnanclal Statements Year ended 31 August 2024 10. Penslons and oth•r p08t•rntlr•ment b•nofits Dellned contrlbutlon plans The amount recognls8d in income or expendtlure as an expense in relation to defined conlribullon plans was £94412023.. £3,378). 11. Government grants The amounts recognised In the finanual statements for government grants are as follows.. 2024 2023 Recojnised in Income from donations and legae5. Govemmeni grants income 76,224 46,154 12. Analysls of charltabla fund$ Unrnstrlctod funds Al 1 September 2023 At 31 August 20 24 Income Expenditure 194.880} General frjnds 6.471 113,670 25.261 At 1 September 2022 31 August 20 23 Income Expenditur8 General funds 31,763 77.742 {103.034) 6,471 13. Analysls ol net assets between funds Unreslncled Total Funds Funds 2024 Current assets 24,169 24.169 Unrestncled Total Funds Funds 2023 Current assets 6,471 6,471