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2020-08-31-accounts

Charity Number 1023829

Busy Kids @ Bromham

Trustees report & Unaudited Accounts For the year ended 31[st] August 2020

Busy Kids @ Bromham

Charity information
Trustees Allan Wall Chair
Stephanie Ottaway Treasurer
Karly Holmes Secretary
Jenna Humphries Trustee
Kerry Lewis Resigned June 2020
Sue Dicks Trustee
Sarah Humphries Trustee
Dave Forsyth Trustee resigned Oct 2019
Christine Price Trustee
Emma Napier Trustee appointed July 2020
Rachael Fennell Trustee appointed July 2020
Other names charity known by Bromham Playgroup Busy Kids
Charity number 1023829
Independent Examiner Auditing Solutions Ltd
Clackerbrook Farm
46 The Common
Bromham
Chippenham
Wiltshire
SN15 2JJ
Business address Busy Kids
The Leaze
Bromham
Chippenham
Wiltshire
SN15 2EY
Banker The Co-operative Bank plc

Busy Kids @ Bromham

Contents
Page
Trustees’ Report 1
Independent Examiner’s Report 2
Income & Expenditure Account 3
Balance Sheet 4
Notes to Financial Statements 5

Busy Kids @ Bromham

Trustees report

For the year ended 31[st] August 2020

The Trustees herewith present their report and the financial statements for the year ended 31[st] August 2020.

Governing document

Busy Kids was registered as a charity on 15[th] July 1993 (Charity no. 1023829). The Trust is governed by a constitution, which was adopted on 8[th] December 2004 and amended on 5[th] May 2009. The charity was established to enhance the development and education of children primarily under statutory school age by offering play, education and care facilities.

Principal activity

The principal activity of the trust is to provide day care facilities for pre-school age children. In setting our objectives and planning our activities, the Trustees have given careful consideration to the Charity Commission’s general guidance on public benefit.

Trustees

Trustees who served during the year are detailed on the Information page.

Recruitment and appointment of Trustees

The charity’s work focuses on young people. The Trustees seek to ensure that the needs of this group are appropriately reflected through the diversity of the trustee body. The more traditional business skills are well represented on the Board of Trustees. In the event of particular skills being lost due to retirements, individuals are approached to offer themselves for election to the Board of Trustees.

Results for the year

The Trustees are of the opinion that the financial position of the charity is satisfactory and anticipate no difficulties in meeting the obligations of the charity.

Reserves policy

It is the aim of the Trustees to maintain funds, which are the free reserves of the charity, at a level which provides sufficient funds to cover redundancy payments should such arise.

Risk management

The Trustees have undertaken a detailed consideration of the financial and other risks to which the charity may be exposed and have agreed that these are adequately mitigated by the nature of the charity’s activities and the specific circumstances in which it operates. Internal controls risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers and associates. These procedures are periodically reviewed to ensure that they continue to meet the requirements of the charity in satisfying the statutory and moral obligations imposed by its activities.

This report was approved by the Trustees on ......................... and signed on its behalf by

.........................................

Date: ..........................................

Allan Wall (Chair)

Page 1

Busy Kids @ Bromham

Independent Examiner’s report to the Trustees of

Busy Kids @ Bromham for the year ended 31[st] August 2020

We report on the accounts of the Charity for the year ended 31[st] August 2020, which are set out on pages 3 to 5.

Respective Responsibilities of Trustees and Examiner

The Trustees are responsible for the preparation of the Financial Statements. The Charity’s Trustees consider that, as audit is not required this year under Section 43(2) of the Charities Act 1993 (the 1993 Act), and that an independent examination is needed. It is our responsibility to:

Basis of Independent Examiner’s Report

Our examination was carried out in accordance with the General Directions given by the Charity Commission. The 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 matter. The procedures 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 Examiner’s Statement

In connection with our examination, no matter has come to our attention:

  1. Which gives us reasonable cause to believe that, in any material respect, the requirements

  2. (a) To keep accounting records in accordance with section 41 of the 1993 Act; and

  3. (b) To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 1993 Act have not been met; or

  4. To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Stuart J Pollard

S J Pollard

Date: 21[st] December 2020

Auditing Solutions Ltd

Clackerbrook Farm 46 The Common Bromham Wilts, SN15 2JJ

Page 2

Income and Expenditure Account for Year Ended 31[st] August 2020

31stAugust 2019
Operating Income
176,641
Term Time Income
0
0
General Administration
Preschool
21225
Holiday Club Income
197,897
Total Income
Running Costs
45,876
General Administration
122,472
Preschool
23,496
Holiday Club
191,844
Total Expenditure
General Fund Analysis
69,844
Opening Balance
197,897
Plus: Income for year
267,741
191,844
Less: Expenditure for year
75,897
0
75,897
Closing Balance
31stAugust 2020
173,419
29,304
615
16,865
220,203
71,232
121,054
19,760
212,047
75,897
220,203
296,100
212,047
84,053
0
84,053

Page 3

Balance Sheet as at 31[st] August 2020

31st August 2019
Net Value
Fixed Assets 31st August 2020
Cost ofasset
Depreciation
Net Value
31st August 2020
Cost ofasset
Depreciation
Net Value
24,317 Building at Cost
Current Assets
Debtors
Bank Account
Savings Account
Petty Cash
Total Assets
Current Liabilities
Creditors
Total Assets Less Current Liabilities
Represented by
General Reserves
91,244
71,489
19,755
24,317 91,244
71,489
19,755
1,601
8,770
43,099
14
2,157
22,626
43,302
26
68,111
3,813
3,813
53,484
1,904
77,801 87,866
1,904
75,897
75,897
84,053
84,053
75,897 84,053

The above statement represents fairly the financial position of the authority as at 31[st] August 2020 and reflects its Income and Expenditure during the year.

Signed:
Chairman _______ Date: ______
Signed:
Responsible
Financial
Officer _______ Date: ______

Page 4

Busy Kids @ Bromham

Notes to the financial statements

For the year ended 31[st] August 2020

1. Trustees’ Remuneration

The Trustees are not in receipt of any remuneration

Page 5