2023-07-31-accounts - Margaret Lloyd Playgroup

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 1st August 2022 To 31st July 2023

Section A Reference and administration details

Charity name Margaret Lloyd Playgroup Other names charity is known by NONE Registered charity number (if any) 1026270 Charity's principal address Grove Hill Playing Fields, Washington Avenue, Hemel Hempstead Herts Postcode HP26NG ~~oe~~ Names of the charity trustees who manage the charity Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any) 1 Loretta Anderson Chair 2 Jean Nagle Vice Chair 3 Karina Larsen 4 5 ~~===~~ Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year NA ~~———————~~ Names and addresses of advisers (Optional information) Type of adviser Name Address NA Name of chief executive or names of senior staff members (Optional information) Helen Hendery - Manager Jacqueline Thomas-deputy manager ~~———~~

Section B Structure, governance and management

Description of the charity’s trusts

Pre school learning alliance constitution Type of governing document (eg. trust deed, constitution) Unincorporated charity How the charity is constituted (eg. trust, association, company) ~~oo~~

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By member vote at the AGM Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where • Ofsted Registered as an under 5’s pre-school service
relevant, about:  policies and procedures • Charities policies are in line with OFSTED early years procedures adopted for the induction and training of trustees; • Charity are members of the pre-school learning alliance and have their insurance and guidelines in place
the charity’s organisational structure and any wider • Charity works closely with Herts social services to support children at risk
network with which the charity works; • Charity works closely with Herts County Council with the children mostly
relationship with any related funded individually by them to attend the playgroup parties; • Charity has a small but experienced trustee board who work closely with
trustees’ consideration of the senior staff to manage risk.
major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)	TO ENHANCE THE DEVELOPMENT AND EDUCATION OF CHILDREN UNDER STATUTORY SCHOOL AGE BY ENCOURAGING PARENTS TO UNDERSTAND AND PROVIDE FOR THE NEEDS OF THEIR CHILDREN THROUGH COMMUNITY GROUPS
	The playgroup operates from a purpose built centre in the heart of Grove Hill in Hemel Hempstead offering early years care and education to children from 2 years old to 5 years old. The playgroup is open on Monday to Friday from 9am to 3pm and on Friday from 9am to 12.30pm – This equates to 9 session options plus 5 lunch clubs. Parents/carers have flexible options so they can choose sessions to fit with their other commitments to work and or care of their other children and wider family commitments. Most sessions are funded through the government funding for pre-school children but extended sessions are offered at a below market rate to support families. The playgroup has very many families on low income or benefits. Many children within the area are on pupil premium due to their low income status. The playgroup has been a true community resource for 40 years adapting to and supporting the needs of local families.

Summary of the objects of the
charity set out in its
governing document
Summary of the main
activities undertaken for the
public benefit in relation to
these objects (include within
this section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit)

TO ENHANCE THE DEVELOPMENT AND EDUCATION OF CHILDREN
UNDER STATUTORY SCHOOL AGE BY ENCOURAGING PARENTS
TO UNDERSTAND AND PROVIDE FOR THE NEEDS OF THEIR
CHILDREN THROUGH COMMUNITY GROUPS

The playgroup operates from a purpose built centre in the heart of Grove
Hill in Hemel Hempstead offering early years care and education to
children from 2 years old to 5 years old. The playgroup is open on
Monday to Friday from 9am to 3pm and on Friday from 9am to 12.30pm –
This equates to 9 session options plus 5 lunch clubs. Parents/carers
have flexible options so they can choose sessions to fit with their other
commitments to work and or care of their other children and wider family
commitments. Most sessions are funded through the government funding
for pre-school children but extended sessions are offered at a below
market rate to support families. The playgroup has very many families on
low income or benefits. Many children within the area are on pupil
premium due to their low income status. The playgroup has been a true
community resource for 40 years adapting to and supporting the needs of
local families.

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Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;

The playgroup has always been an opportunity for local young people offering volunteering and work experience for students of our local schools and colleges. The playgroup also has regular volunteers who themselves have learning difficulties which offers them experiences in helping others and being part of their community. This can also offer respite to their Carers.

contribution made by volunteers.

Section D Achievements and performance

Summary of the main achievements of the charity during the year

The academic year 2022-2023 was a good year for the playgroup giving local pre school children, many from low income families the benefit of a safe place to enjoy their day and the parents/carers some much needed respite and normality, as people settle back to a more normal life after the pandemic.

The playgroup gives the children the normality of outside play and a great early years’ experience which is such an important part of their start in education.

Our Ofsted inspection took place on 7[th] December 2022 and the report was published on 16[th] Jan 2023. Playgroup was judged GOOD on all levels which is a great achievement.

Our board of trustees are very proud of the way our staff and volunteers manage the day to day running of the playgroup. Their support and care for the children and their families is outstanding.

Section E Financial review

The group is in the process of changing our current bank account from Brief statement of the Barclays to Metro bank. We will also move our deposit account over to charity’s policy on reserves the account we already have at Metro and to another bank giving the best interest, yet to be decided to ensure we have money in at least two different banks. Our reserves are very good.

The policy of the charity is to hold 9 months of costs in reserve and to invest all other income if required in resources and improvements to the facilities, inside and out.

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Details of any funds materially NA in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

The playgroup receives funding from Herts County Council under the governments Early Years Funding for pre-school children. Children over 2 are funded if they are in certain benefit groups. All children over 3 are funded for a minimum of 15 hours and payments are made to the playgroup termly on proof of these children’s attendance and their benefits. Extra sessions attended by the children or those under 3 who don’t qualify pay a minimal session fee which we keep way below the normal fees at playgroups to make is accessible to all.

Our expenditure on resources is totally in line with our ethos to offer the best early years provision possible to support families in our community and we particularly focus on funding aimed at children who are on pupil premium.

From April 2024 funding for preschool children will cover a wide age range and for more hours.

Section F Other optional information

Our staff retention and training records are exemplary, as is our trustee dedication and support.

We are a small but dedicated team working hard in our community to support others. We thank all our staff and volunteers for all their hard work in the care of the children placed in our care.

Section G Declaration

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Loretta Anderson Position (eg Secretary, Chair, Chair etc) Date 16.5.24 ~~a~~

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STATEMENT OF FINANCIAL ACCOUNTS THE MARGARET LLOYD PLAYGROUP 1ST AUGUST 2022 _ 31ST AUGUST 2023 CURRENT ACCOUNT Income Expenditsre Balance @ 1.8.22 Fees Herts CC Lunch clubs Misc 37907.10 9060.00 119380.58 130.00 505.65 Yoga CAD Expenses and gifts County Supplies Canopy Misc Pest control Ark Fams Electrics Early Years Insuran Shopping BT Toys cast Water Training Nest BG Business 02 Music Shendish Rent Tree surgeon British Gas Transfer to savings Balan @ 31.7.22 995.00 72176.04 2039.00 1381.36 10516.32 3878.66 520.00 602.91 1650.00 651.79 482.23 3179.22 953.74 350.35 396.91 518.40 2006.15 162.14 167.04 43.89 667.86 250.00 1800.00 1152.59 60441.73 0.00 Total 166983.33 Total 166983.33 I cortlfy this to be a true and accurate statement of account T•r•8a Canning 30.4.2024

STATEMENT OF FINANCIAL ACCOUNTS THE MARGARET LLOYD PLAYGROUP 1ST AUGUST 2022_ 318T AUGUST 2023 DEPOSIT ACCOUNT Income Exponditure Balance @ 1.8.22 Interest Transfer in frorn current Totsl 253568.74 2502.69 24927.81 280999.24 3795.22 410.70 196.77 276596.55 280999.24 Alam County Balance @ 31.8.23 Total Notes The balanc£ of £276596.55 @ 31.8.23 consists of £227122.40 in Barclays and £49474.15 In Metro. I certify thls to be a true and accurate Statement of account Teresa Canning 30.4.2024