## Hingham Pre School Playgroup ## TRUSTEES’ REPORT ## FOR THE YEAR ENDED 31 JULY 2022 The Trustees present their report and accounts for the year ended 31 July 2022. ## Information **Charity name:** Hingham Pre School Playgroup **Charity registration number:** 1027819 **Operational address:** 20 Hardingham Street Hingham Norfolk NR9 4JB ## Trustees The Trustees of the charity who served during the year were: Simone Hipperson (chair – outgoing) Emily Ollman-Hirt (chair – incoming) Kirsty Hill (Treasurer) Eleanor Martinez Letitia Cossey Duggan Wills Joe Cardew-Watts ## Objectives and activities The charity’s objective is to provide preschool education and care for children living in and around the Norfolk town of Hingham. The playgroup is a registered charity, which is run by a voluntary committee and is approved by Ofsted – number EY426135. ## The Playgroup: - offers appropriate play, education and care facilities, family learning and extended hours groups, ensuring opportunities for all children irrespective of race, culture, religion, means or ability - encourages the study of the needs of such children and their families and promotes public recognition of such needs in the local area - further adheres to the aims and objectives of the Pre-school Learning Alliance. 1 ## Financial review ## **Incoming resources:** Incoming resources were less than the previous year due to less children attending for less time, a reflection of the smaller number of 2-4 year old children in the area. ## **Resources expended:** Expended resources increased due to wages costs increasing in line with minimum wage and other costs increasing. ## **Net income:** Due to the reduction in children attending Playgroup and therefore less income and the increase in expenditure due to wage and other costs increasing significantly Playgroup have made a loss. We have invested in marketing and have reduced staff to try and manage this into the next financial year. ## Statement of Trustees’ responsibilities The trustees are responsible for preparing the report and the accounts in accordance with applicable charity and accounting practice. In preparing the accounts, the trustees are required to select suitable accounting policies and then apply them consistently, observe the methods and principles in the Charities SORP, make judgments and estimates that are reasonable and prudent and prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the Trustees of Hingham Pre School Playgroup: K E Hill Treasurer Date: 13/04/2023 ## Hingham Pre School Playgroup STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING THE INCOME AND EXPENDITURE ACCOUNT) 2 ## FOR THE YEAR ENDED 31 JULY 2022 |**INCOMING RESOURCES**
Incoming resources from generated funds
Incoming resources from charitable activities
(Note 2)
Total incoming resources
**RESOURCES EXPENDED**
Charitable activites (Note 3)
Total resources expended
**Net incoming / (outcoming) resources**
Funds brought forward at 1 August
Funds carried forward at 31 July|**2021/22**
**2020/21**
£
£
0
0
81,537
96,276| |---|---| ||81,537
96,276| ||95,024
87,380| ||95,024
87,380| ||| ||-13,487
8,896| ||106,280
97,384| ||92,793
106,280| All incoming resources and resources expended relate to unrestricted funds. Hingham Pre School Playgroup BALANCE SHEET AS AT 31 JULY 2022 3 |**FIXED ASSETS**
Furniture and fxtures
**CURRENT ASSETS**
Cash at bank
Debtors
**CURRENT LIABILITIES**
Short term creditors
**NET CURRENT ASSETS**
**NET ASSETS**
**FUNDS**
General Fund
Restricted Funds
**TOTAL FUNDS**|**2022**
**2021**
£
£
0
0
107,
725
110,959
0
0
0
0
107,725
110,959| |---|---| ||107,725
110,959| ||37,793
51,280
55,000
55,0
00| ||92,793
106,280| Hingham Pre School Playgroup NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2022 **2022 2021** 4 |1|**Basis of preparation of the accounts**:
The accounts have been prepared under
the historical cost convention. They have
been prepared in accordance with the
Statement of Recommended Practice
(SORP) 2005 ‘Accounting and Reporting
by Charities’ published in March 2005
and applicable accountingstandards.|||| |---|---|---|---|---| |2|Incoming resources from charitable
activities|||| ||Fees received||79,494|90,613| ||Fundraising activities||2,043|5,663| ||Investment income||0|0| ||||81,537|96,276| |3|Charitable activities - resourced
expended|||| ||Wages and salaries||73,187|64,468| ||Direct costs||2,202|1,517| ||Premises costs||10,295|12,357| ||Fundraising costs||714|445| ||Administration costs||6,503|7,040| ||Marketing costs||899|347| ||Professional fees||1,224|1,206| ||**Total costs**||95,024|87,380| |||||| ||The trustees received no remuneration
duringtheperiod.|||| 5 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/ members of** Charity Name Hingham Pre School Playgroup 31/07/2022 1027819 **On accounts for the year ended Charity no (if any)** ## **Set out on pages** 3-5 (remember to include the page numbers of additional sheets) ## **Responsibilities and basis of report** I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **DD / MM / YYYY** . 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 2011 Act and in carrying out my examination, I have followed the 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 which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the 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 which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Signed:** G MEYER **Date:** 09.08.2023 **Name:** Ginette Meyer **Relevant professional qualification(s) or body (if any):** MAAT **Address: IER** 1 **October 2018** 2 The Fairland Hingham Norfolk NR9 4HN ## **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). ## **Give here brief details of any items that the examiner wishes to disclose** . **October 2018** 2 **IER** ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/ members of** Charity Name Hingham Pre School Playgroup 31/07/2022 1027819 **On accounts for the year ended Charity no (if any)** ## **Set out on pages** 3-5 (remember to include the page numbers of additional sheets) ## **Responsibilities and basis of report** I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **DD / MM / YYYY** . 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 2011 Act and in carrying out my examination, I have followed the 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 which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the 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 which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Signed:** G MEYER **Date:** 09.08.2023 **Name:** Ginette Meyer **Relevant professional qualification(s) or body (if any):** MAAT **Address: IER** 1 **October 2018** 2 The Fairland Hingham Norfolk NR9 4HN ## **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). ## **Give here brief details of any items that the examiner wishes to disclose** . **October 2018** 2 **IER**