**REGISTERED CHARITY NUMBER: 1025289**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 August 2023**
**for**
**Yarburgh Community Playgroup**
Peter Hodgson & Co. Chartered Accountants Shadwell House 65 Lower Green Road Tunbridge Wells Kent TN4 8TW
**Yarburgh Community Playgroup**
## **Contents of the Financial Statements for the Year Ended 31 August 2023**
|||**Page**||
|---|---|---|---|
|**Chairman's Report**||1||
|**Report of the Trustees**||2||
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Statement of Financial Position**||5||
|**Notes to the Financial Statements**|6|to|10|
|**Detailed Statement of Financial Activities**||11||
**Yarburgh Community Playgroup**
## **Chairman's Report for the Year Ended 31 August 2023**
I want to welcome everyone to the Annual General meeting and thank you for attending.
I have been on the Committee for 3 years now, this being my second year as Chair.
We have been delighted to have Sue with us as manager for over a year now and following Heidi's departure in the summer we are pleased to have Emily as our Deputy. I am extremely proud of the management team - they are very organised, capable, and enthusiastic and have made the running of the Committee a delight.
As Chair I wish to express the Trustees gratitude to all the staff - each of whom brings a unique and admirable set of skills to our amazing setting. I also wish to officially welcome our new bank staff into the family of Yarburgh - Caroline and Melanie.
This year we received our much-anticipated Ofsted Inspection for which we received a Good rating. My special thanks go to Sue for preparing the team for the inspection which we know was nerve wracking. The report itself is a resounding endorsement of our management, our team and our practices. We are so proud of the team for achieving this result and for creating an exemplary environment for the children to learn and grow. Our team are approachable and knowledgeable. They are encouraging and engaging, and I hope you will agree that your children are enjoying, our fun educational environment.
We hope that those of you with older children, will see that there are lots of trips out to assist the children in learning about the world around them and ensuring they are experiencing new environments often. We aim to ensure your children are ready for school and our Stepping Stones program is commendable in doing so.
There are always projects and improvements that can be made and we are always open to suggestions and feedback.
As a charitable organisation we are also always looking for new fundraising opportunities whilst remaining conscious of the financial pressures faced by families so if you have any ideas the Committee are always happy to discuss. We have now used up the fund that provided hot meals to the children each week though for Stepping Stones this will return in the final term of the year to help the children get used to the school lunch environment.
I am proud to Chair the Committee at Yarburgh - I am very proud of the setting's wonderful space and amazing team. As always, I must end with my thanks to the team for their dedication. We would not achieve any of this without their efforts.
Page 1
**Yarburgh Community Playgroup**
## **Report of the Trustees for the Year Ended 31 August 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 August 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **FINANCIAL REVIEW**
## **Financial position**
I have received the accounts for the financial year ended 31st August 2023 in accordance with the records submitted by me to the Reporting Accountant and have recommended that the trustees allow me to accept them and sign them on their behalf.
The total income for the year was £124,252 compared to the previous year when the comparable figure was £90,720.
The total costs for the year were £119,870 compared to the previous year when the comparable figure was £112,808.
This results in a net increase in funds for 2023 of £4,382 compared to a net decrease of £22,088 in 2022.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1025289
## **Principal address**
Highfield Road East Grinstead RH19 2DX
## **Trustees**
A Taylor M Casey H Martin (resigned 30.11.22) E Parker (appointed 30.11.22)
## **Independent Examiner**
Aidan Patrick Smyth ACA FCCA Peter Hodgson & Co. Chartered Accountants Shadwell House 65 Lower Green Road Tunbridge Wells Kent TN4 8TW
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ A Taylor - Trustee
Page 2
## **Independent Examiner's Report to the Trustees of Yarburgh Community Playgroup**
## **Independent examiner's report to the trustees of Yarburgh Community Playgroup**
I report to the charity trustees on my examination of the accounts of Yarburgh Community Playgroup (the Trust) for the year ended 31 August 2023.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Aidan Patrick Smyth ACA FCCA
Peter Hodgson & Co. Chartered Accountants Shadwell House 65 Lower Green Road Tunbridge Wells Kent TN4 8TW
Date: .............................................
Page 3
**Yarburgh Community Playgroup**
## **Statement of Financial Activities**
## **for the Year Ended 31 August 2023**
|2023
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
123,305
Other trading activities
2
731
Investment income
3
216
**Total**
124,252
**EXPENDITURE ON**
**Charitable activities**
4
Education & welfare
119,870
**NET INCOME/(EXPENDITURE)**
4,382
**RECONCILIATION OF FUNDS**
Total funds brought forward
41,555
**TOTAL FUNDS CARRIED FORWARD**
45,937|2022
Total
funds
£
90,362
346
12
90,720
112,808
(22,088)
63,643
41,555|
|---|---|
The notes form part of these financial statements
Page 4
## **Yarburgh Community Playgroup**
## **Statement of Financial Position**
## **31 August 2023**
|2023
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
8
7,161
**CURRENT ASSETS**
Debtors
9
50
Cash at bank
62,012
62,062
**CREDITORS**
Amounts falling due within one year
10
(23,286)
**NET CURRENT ASSETS**
38,776
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
45,937
**NET ASSETS**
45,937
**FUNDS**
11
Unrestricted funds
45,937
**TOTAL FUNDS**
45,937|2022
Total
funds
£
6,013
254
51,348
51,602
(16,060)
35,542
41,555
41,555
41,555
41,555|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
A Taylor - Trustee
The notes form part of these financial statements
Page 5
**Yarburgh Community Playgroup**
## **Notes to the Financial Statements for the Year Ended 31 August 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. OTHER TRADING ACTIVITIES**
|**OTHER TRADING ACTIVITIES**|||
|---|---|---|
||2023|2022|
||£|£|
|Fundraising & other activities|731|346|
continued...
Page 6
**Yarburgh Community Playgroup**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2023**
## **3. INVESTMENT INCOME**
|**INVESTMENT INCOME**||||
|---|---|---|---|
|||2023|2022|
|||£|£|
|Interest receivable||216|12|
|**CHARITABLE ACTIVITIES COSTS**||||
|Education & welfare|Direct
Costs
£
6,050|Support
costs
£
113,820|Totals
£
119,870|
## **4. CHARITABLE ACTIVITIES COSTS**
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2023 nor for the year ended 31 August 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2023 nor for the year ended 31 August 2022.
## **6. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Childcare & administration
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
Investment income
**Total**
**EXPENDITURE ON**
**Charitable activities**
Education & welfare
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward|2023
2022
8
7
Unrestricted
fund
£
90,362
346
12
90,720
112,808
(22,088)
63,643|
|---|---|
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
continued...
Page 7
**Yarburgh Community Playgroup**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2023**
|**7.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**||
|---|---|---|---|
||||Unrestricted|
||||fund|
||||£|
||**TOTAL FUNDS CARRIED FORWARD**||41,555|
|**8.**|**TANGIBLE FIXED ASSETS**|||
||**COST**||Fixtures
and
fittings
£|
||At 1 September 2022||30,743|
||Additions||3,535|
||At 31 August 2023||34,278|
||**DEPRECIATION**|||
||At 1 September 2022||24,730|
||Charge for year||2,387|
||At 31 August 2023||27,117|
||**NET BOOK VALUE**|||
||At 31 August 2023||7,161|
||At 31 August 2022||6,013|
|**9.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||Trade debtors|2023
£
50|2022
£
254|
|**10.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||Trade creditors|2023
£
1,157|2022
£
53|
||Other creditors|22,129|16,007|
|||23,286|16,060|
continued...
Page 8
**Yarburgh Community Playgroup**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2023**
## **11. MOVEMENT IN FUNDS**
|At 1.9.22
£
**Unrestricted funds**
General fund
41,555
**TOTAL FUNDS**
41,555
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
124,252
**TOTAL FUNDS**
124,252
**Comparatives for movement in funds**
At 1.9.21
£
**Unrestricted funds**
General fund
63,643
**TOTAL FUNDS**
63,643
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
90,720
**TOTAL FUNDS**
90,720|Net
movement
At
in funds
31.8.23
£
£
4,382
45,937
4,382
45,937
Resources
Movement
expended
in funds
£
£
(119,870)
4,382
(119,870)
4,382
Net
movement
At
in funds
31.8.22
£
£
(22,088)
41,555
(22,088)
41,555
Resources
Movement
expended
in funds
£
£
(112,808)
(22,088)
(112,808)
(22,088)|
|---|---|
continued...
Page 9
**Yarburgh Community Playgroup**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2023**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.9.21|in funds|31.8.23|
||£|£|£|
|**Unrestricted funds**||||
|General fund|63,643|(17,706)|45,937|
|**TOTAL FUNDS**|63,643|(17,706)|45,937|
|A current year 12 months and prior year 12 months combined net movement in funds, included in the above||||
|as follows:||||
|**Unrestricted funds**|Incoming
resources
£|Resources
expended
£|Movement
in funds
£|
|General fund|214,972|(232,678)|(17,706)|
|**TOTAL FUNDS**|214,972|(232,678)|(17,706)|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 August 2023.
Page 10
**Yarburgh Community Playgroup**
## **Detailed Statement of Financial Activities for the Year Ended 31 August 2023**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Fees receivable
**Other trading activities**
Fundraising & other activities
**Investment income**
Interest receivable
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Education & materials
Milk & food purchases
**Support costs**
**Management**
Wages & staff costs
Pensions
Rent, cleaning & repairs
Insurance, subscriptions & recruitment
Stationery, telephone & internet costs
Advertising & fundraising
Sundry expenses
Depreciation of fixed assets
**Finance**
Bank charges
**Governance costs**
Accountancy & bookkeeping fees
Total resources expended
**Net income/(expenditure)**|2023
£
1,000
122,305
123,305
731
216
124,252
4,854
1,196
6,050
87,391
3,249
15,190
1,259
2,428
220
1,086
2,387
113,210
60
550
119,870
4,382|2022
£
1,500
88,862
90,362
346
12
90,720
5,143
1,097
6,240
86,795
2,822
9,434
1,702
1,695
23
1,478
2,004
105,953
93
522
112,808
(22,088)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 11