2020-08-31-accounts - Fairways Pre-School Playgroup

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– Trustees Report Year End August 2020

2nd November 2020

Services Fairways Preschool Playgroup setting provides

3-4 years old funded children
Fairway Pre School Playgroup offers surplus hours to funded children payable by parents
From 2.5 years offering places payable by parents
From 2.5 years offering places for disadvantaged families in receipt of 2 years funding

The setting opens on a full-time basis during Term time

Committee members as at year end 31[st] August 2020

Samantha Green (Chairperson) Katie Moriarty (Treasurer) Nicola Coyston (Secretary) Vicky Barrett Leah Chant Rebecca Malkin-Wood Sophie Edge Kelly Webb Kelly Houlder-Greenway Lesa Phillp

Playgroup Financials

The Playgroup had a successful year, achieving a surplus of £16,965.36.

The Committee awarded a 2 per cent pay increase which took effect from 1[st] January 2020.

The Workplace Pension, in line with Government regulations is set at @ 3% Employees plus 5% Employers of qualifying earnings. The plan continues to be held with NEST.

The premises are rented from Fairways Primary School and currently remains unchanged at £3,354.75 per annum.

A card machine was introduced to give parents the option to pay by Debit or Credit Card. The provider is Sum-up & the cost for each transaction is currently set at 1.69%.

Due to the Pandemic, the Playgroup found it necessary to close its doors for a short period from 25[th] March 20 to the 5[th] May 20. Thankfully, with the aid of the Government Furlough scheme, the setting was able to retain all staff and eventually resume business as usual. Overall, a successful year.

Reserves

Reserves at year end totalled £83,345.63

Bank Accounts – year end balances

Deposit Account £40,221.65 Business Account £41,871.27 Fundraising £ 1,892.44 Cash held £ 360.27

Fundraising

It was a difficult year for fundraising due to the impact of the Corona Virus. However, despite these limitations a total of £1,504 was raised. The Ladies Night was a great success & thankfully went ahead, just before the restrictions of lockdown. This allowed the Playgroup to invest in the outside area, with much needed rubber chippings & new grass. New toys & netting for the book corner were also purchased.

FAIRWAYS PLAYGROUP INCOME & EXPENDITURE SUMMARY YEAR ENDING 31ST AUGUST 2020 Income Funding SOSBC Attendance Fees Tax Free Chilcare Scheme Crafts Workplace Scheme Snacks Donation enditure Admin Equipment Bank Charges Audit BT/Sage Card/Gifts Cleaning DBS/CRB/Offstead/lCO Equipment/Toys/Books EYPP/DAF Exps Play Goods/Activities Leavers Party Maintenance Mothers/Fathers Day Nappy Sacks & wipes PAYE Postage Rent 130,142.49 25,847.31 1,918.00 191.00 561.00 1,990.47 17.52 615.00 530.41 364.60 100.00 828.94 330.32 821.77 351.00 263.02 608.24 104.47 52.00 1,264.07 60.00 9.08 7,617.66 177.72 3,354.75 EYPP Smarty Tubes Deposit Account Interest Photos Raffles Clothes Sales T Shirts/bags Treasure Hunt Xmas Party Xmas Cards/Crafts Mothers Day/Fathers Day Ice Cream Sales Pamper Evening 48.67 120.20 651.00 2.50 138.00 325.40 64.50 5.00 314.47 Smarties Snacks & asscociated exps SOS Council Gaming Licence Stationery & Consumbles Tea Coffee etc Training Wages/pensions Website/computer exps Crafts Xmas Party 1,015.93 20.00 2,760.62 48.62 486,40 123,301.94 1,407.98 24.32 83.31 Totals 162,952.53 145,987.17 Surplus 16,965.36

FAIRWAYS PLAYGROUP BALANCE SHEET YEAR END 31ST AUGUST 2020 CURRENT ASSETS Business Account Fundraising Account Reserve Bank Account Fundraising Petty Cash Business Petty Cash 41,871.27 1,892.44 40,221.65 256.84 103.43 84,345.63 CURRENT LIABILITIES Rent Accrual Wage Accrual Paye Accrual 1,118.25 0.00 784.84 1,903.09 Current Assets less Current Liabilities 82,442.54 Balance b/fwd Surplus/Deficit Balance c/fwd 65,477.18 16,965.36 82,442.54

FAIRWAYS ASSETS YEAR ENDING AUGUST 20 ', Descri tion 2020 'SHEDS OUTDOOR TOYS- VARIOUS 56.58 617.16 SENSORY GARDEN GOODS 260.20 ,OUTDOOR WENDY HOUSES 171.64 OUTDOOR FIRE ENGINE 306.29 MESSY TABLE (OUTDOORS) 116.74 WATER TUNNEL 266.32 CAMOURFLAGE NEThING 155.52 ISAND & WATER PLAY 150.60 IWENDY HOUSE & EQUIPMENT ICLIMBING FRAME IBUILDING BLOCKS I DUPLO/BRIO I DOLLS HOUSE BOOKS/DVD'S 29.59 8.70 378.62 8.14 6.53 216.86 CUBE/EDRA 19.24 TOYS- VARIOUS 1 1,143.07 59.62 2 x Camera's ITABLES/CHAIRS ETC | MUSICAL INSTRUMENTS , FRIDGE & MICROWAVE 1,071.03 15.54 61.44 | PHOTOCOPIER 55.49 PRINTER 7.40 COMPUTER- Office 104.60 2 x COMPUTERS- CHILDREN 99.43 2 x TOUCHSCREEN MONITORS 100.55 TABLES FOR COMPUTERS 9.27 'TABLE TOPS 9.43 'WALKIE TALKIES 18.66 SETTEE FOR BOOK CORNER 127.49 STORY CUSHIONS/SNUGGLE MAT 83.64 GIANT FLOOR SHAPES 41.28 LITTLE STEPS GYM {MAR15) CONVEYOR BELT (JUN15) 133.17 206.42 cosy 100.93 SHREDDER 124.59 SHOP 113.63 , KITCHEN PLAYSET 247.98 CUPBOARD 24 TRAY TRIPLE 2,694.76 ,BLINDS 1,731.23 LOCKER 65.28 NOTICE BOARD MATS 95.74 NAPPY UNIT SCREENS 233.47 MATHS SETS 191.92 WHITEBOARDS 144.00 LAPTOP 191.36 LAWNMOWER 40.96 TOTAL 12,092.12

Falrwa 01 09 sPla rou 2019- 31 Income & Ex 2020 enditure Summa 08 Balances Business Account Fundraising Account Hi8h Interest Account Business Petty Cash Fundraising Petty Cash prepared by.. M.C.L. BOOKKEEPING SERVICES 48, GLENHURSTROAD SOUTHEND-ON-SEA ESSEX SS2 SDS 24806.64 1136.40 40172.98 105.67 8.03 66229.72 -752.54 65477.18 Less PAYE due wrence. 17th Ortober 2020 Income Funding SOSBC Attendance Fees Tax free Childcare Scheme Crafts Workplace Scheme Snacks Donation Bank Interest Photos Raffles Clothing T Shirts/Bags Christmas Party Mothers/Fathers Day Ice-cream Sales Pamper Evening EYPP/DAF Ex enditure Admin Admin Equipment Audit Cards & Gifts Charges Christmas Party Christmas Cards Cleaning DBS/CRB/Offstead/lCO Baby wipes Equipment, Toys & Books EYPP/DAF Exps Licence Leavers Party Maintenance/R&R Mothers/Fathers Day PAYE Play Goods/Activities Postage Rent Snacks Stationery & Consumables Tea, Coffee etc Training Wages/Pensions Website/PC Exp 130142.49 25847.31 1918.00 191.00 561.00 1990.47 17.52 48.67 120.20 651.00 2.50 138.00 325.40 64.50 5.00 314.47 615.00 828.94 530.41 100.00 330.32 364.60 83.31 24.32 821.77 351.00 9.08 263.02 608.24 20.00 52.00 1264.07 60.00 7617.66 104.47 177.72 3354.75 1015.93 2760.62 48.62 486.40 123301.94 1407.98 162952.53 145987.17 Profrt 16965.36 Closin Balances Business Account Fundraising Account High Interest Account Business Petty Cash Fundraising Petty Cash 41871.27 1892.44 40221.65 256.84 103.43 84345.63 Reconciliation Brought forward Plus Income Less Expenditure Less PAYE due Less Rent due 65477.18 162952.53 -145987.17 82442.54 -784.84 -1118.25 82442.54