Peach&Co. Chartered Accountants & Buslness Adviseis WILLINGTON PRE-SCHOOL PLAYGROUP PARENTS ASSOCIATION Working name: WILLINGTON PRE-SCHOOL Trustees Report & Financlal Staternents for the Year Ended 29 February 2024 Peach & Co.. Charte￿d Accountsnts & Business Advisers Sulte3 | (luantum House I Skyllne Court | ThirdAvenue I Centrum ICQI Burtonuponrrent I Staffordshire | DE1428Z Tel . 01283 566441 or 564014 1 Email." sue@peachco.co.uk I wviw.pea¢hco.co.uk Prlncipal: S L Hall BA (Honsl ACA WILLINGTON PRE-SCHOOL Contents of the Flnancial Statements For the Yoar Ended 29 February 2024 Page Legal and Administrative Information Trustees. Report Independent Examiner's Report Receipts and Payments Account ststement of Assets and Liabilities Notes to the Financial Statements 7-8 WILLINGTON PRE-SCHOOL Legal and Administrative Infomiatlon For the Year Ended 29 February 2024 Charity Number 1022920 Principal Office Horsa Hut 42 C8Stleway Willington Derby Derbyshire DE65 6BT Independent Examiner Mrs S L Hall ACA Peach & Co Chartered Accountants 115 Byrkley Street Burton on Trent Staffordshire DE14 2EG Bankers Santander Customer Service Centre Bridle Road Bootle Merseyslde L30 4GB WILLINGTON PRE-SCHOOL Trustees. Report Forth6 Year Ended 29 February 2024 The Trustees present their reFX)rt and the financial statements of the Charity for the year ended 28 February 2023. Trustees and Principal Officers The following have held Offi￿ either during the period or up to the date of this report: Trustees: Amy Burchell - appointed 26 July 2022 Rose Page- appointed 25 July 2022 Esme Shepard - appointed 2 June 2022 Emily Twigg - appointed 18 June 2021 Offlcers: Chair Treasurer Secretary Amy Burchell - appointed 26 July 2022 Rose Page - appointed 25 July 2022 Esme Shepard - appointed 2 June 2022 Govèrning Document Willington Pre-school is governed by a constitution originally approved in 30 March 1992 and is a Registered Charty. Number 1022920. Recrultment and Appointment of Management Commltt The Management Committee oversee the running of the Pre-school and determine its strategic plans. The Constitution decrees that the Committee should consist of a Chair. Secretary and Treasurer who are honorary Off￿r5 of the Charity. together with a minimum of two other committee members, some of whom may be co-opted from other voluntary organisations or statutory authorities. Under the terms of the Constitution. the Trustees are eligible, in commtttee, to appoint new Trustees to fill casual vacancies until they can be re-elected at the next Annual General Meeting. The Management Committee are a selection of people from all walks of life with different degrees of experience and expertise. Flnancial Review The organisation has recorded a surplus of income over expendrture of £16,704 for the year ended 29 February 2024, (2023: £11,047). Income has increased by £14,692. Costs remalned fairly static, apart from a further rise in staff costs of £7,000. WILLINGTON PRE-SCHOOL Trustees, Report For tho Year Ended 29 February 2024 Aims. Objectlves and activities The overall aims and objectlves of the organisation are totally focused on public benefrt and can be summarised as follows: °To enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through communty groups.. When planning activities. the Committee have considered the Charty Commission's guidance on public benefit. The main activities consist of: Offering appropriate play facilities and training courses, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children, regardless of race, culture, religion or means. Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas. Instigating and adhering to the furthering the aim of the Pre-school Learning Alliance. Achlevements and Performance The Pre-school tskes in children immedistely after t￿e1r second blrthday. During the year the Charity ran five, three-hour playgroup morning sessions a week. Each session was attended by an average of 25 children. The Pre-school also runs five afternoon sessions a week. Each afternoon session was attended by an average of 20 children. It is still the aim to increase the numbers attending both the moming and. more particularly. the afterncK)n sessions. Reserves Policy The Management Committee have established a reserves policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the Charty should be equal to a minimum of 6 months forecast expenditure. The reserves a￿ needed to meet the working capital requirements of the Charity. In addition. funds have been designated for specrfic purposes. Approved by the Trustees on 14 Nov•mber 2024 and signed on their behalf by: Amy Burchell {Trustee) WILLINGTON PRE-SCHOOL Independent Examlnerfs Report to the Trustees of Wllllngton Pre-school I report on the accounts of the Willington Pre-school, charity no 1022920, for the year ended 29 February 2024, which are set out on pages 5 to 8. Respectlve Responslbllltles of the Truste88 and Examlner The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {"the Act"). The charity's trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. It is my responsibility to= examine the accounts under section 145 of the Charities Act, to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and to state whether particular matters have come to my attention. Basis of Independent Examiner's Statement My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedu￿$ undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent Examlner's Statement In connection with my examination, no material matters have come to my attention whrch give me cause to believe that in any material respect: accountlng records were not kept in a￿OrdanCe with section 130 of the Charities Act. or the accounts do not accord with the accounting records. I have no concerns and have come across no other matters in connection with the examination to whlch attention S￿uld be drawn in order to enable a proper understanding of the accounts to be reached. MrsSLHallACA Peach & Co. Chartered Accountants 115 Byrkley Street Burton on Trent Staffordshi DE14 2EG Date.. 14 November 2024 WILLINGTON PRE-SCHOOL Re¢eipts and Payments Accounts For the Year Ended 29 February 2024 Notes Unrostricted Funds Restricted Funds Total 2024 Total 2023 RKeipts Re￿Ipts 139.343 500 139.843 125,804 Fundraising income 1,806 1,806 591 Total Receipts 141,149 500 141,649 126,395 Payments Fundraising -124383expenditure 1,174 1,174 Management and administration 123,209 123,209 114,659 Sub total 124,383 124,383 114.659 Assets purchased Total payments 124,383 124,383 115,348 Total net receipts l {expendlture) 16,766+ 500 17.266 11.047 Cash funds at 1 March 2023 21,413 21.413 10,366 Cash funds at 29 February 2024 £38,179 £500 £38,679 £21,413 The note3 on pages 7 and 8 form part of these accounts WILLINGTON PRE-SCHOOL Statement of Assets and Liabilltles as at 29 February 2024 Notes Unrestricted Funds Restricted Funds Total 2024 Total 2023 Cash Funds Current account Cash in hand Fundraising cash in hand Po¢kit card 37,131 50 612 500 37.631 21,127 50 236 612 366 £38.159 £500 £38,659 £21.413 Assets retaln•d for charlty's own use 20,176 20.176 20,176 £20,176 £20,176 £20,176 Current assets Current liabilities PAYEINIC payable Pension contributlons Independent examiners fees Book keeping Payroll processing fees Gas 8,971 447 480 8,971 447 480 468 128 1.500 4,641 266 1.776 1,812 300 128 1.500 £11,994 £11,994 £8.795 Approv￿ by the Board of Trustees on 14 November 2024 and signed on its behalf by: Amy Burchell (Trustee) The notes on pages 7 and 8 form part of these accounts LLINGTON PRE-SCHOOL Notes to the Financlal Statements For tho Year Ended 29 February 2024 Genoral Funds Restricted Funds Total 2024 Total 2023 Recelpts Fees Derbyshire CC funding Sundry Income & donations 37,446 101.789 108 37,446 101,789 608 33,321 92,483 500 £139,343 £500 £139,843 £125,804 General Funds Reslrlcted Funds Total 2024 Total 2023 Management and Administration Staff costs Rent Consumables, refreshments and cleaning Uniforms Gas Maintenance and repairs Telephone Advertising Training Sundry expenses Insurance Administration expenses Payroll processing fees Independent Examinerfs remuneration 104,600 5,930 104.600 5,930 97,599 6,475 2,460 679 1,146 144 2,460 679 1,146 144 798 2,651 1,572 707 80 470 1.831 756 1,362 1,062 100 748 817 1.438 756 3.588 100 748 817 1.438 756 3.588 £123.208 £123,208 £114,659 WILLINGTON PRE4CHOOL Notes to the Flnancial Statements For the Year Ended 29 February 2024 Ass•ts rotsined for charity's own use Date acqulred FNe animal shaped chairs Cushions Laptops Folding Nursery Centre Upright cleaner Plan Cty System 2000 Canopy Blue Water play table Mobile storage dryer Larder fridge Mobile toys and bikes Books Toddler changing unlt Books Farm animals and set Push along toys Hand washlng units Double sided floor easel Four sided easel Vax cleaner Steam mop Camera Winther trike Play tunnel Outdoor carpet Dark den Portable soft play Mini trike Water tray and stand Children's tablets Henry vacuum cleaner Chairs Chairs and tables Toy repla￿MentS Storage Winther Circleline trike Winther Circleline trike Winther Viking Challenge bike HP 250 laptop HP Envy printer Mobile drying rack Chick hatching kit Toy kitthen Hotpolnt frldge Advanced Moulds Double mud kitchen Pretend Play Home 454 0310312008 1110712007 2710312008 3010112009 2510112009 1010212009 2610812009 0310212010 0310312010 0810112011 1410112011 1410712011 2610712011 2110612011 2710312012 2210812012 2410912012 0211112012 2510212013 1610312013 1810512013 2611012013 1610612014 1610912014 1610912014 1810912014 2210912014 0311012014 1411012015 3011112015 0810112016 2910312016 3110312016 0610412016 1110412016 0210512017 0210512017 0210512017 0310512017 1410712017 1410412018 1210612018 0810612018 0110212019 1610812019 2510412022 2710512022 1.622 235 117 257 6,779 258 153 130 215 209 436 125 307 624 312 188 263 130 100 162 230 190 250 278 240 131 169 99 257 791 422 766 144 162 335 50 174 264 393 187 427 125 564 Total £20,176