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2022-08-31-accounts

ANNUAL REPORT - 1ST SEPTEMBER 2021 TO 31ST AUGUST 2022

Registered Charity No: 1029338 Trustees' Annual Report (Including Receipts and Payments Accounts)

Over Kellet Playgroup

For the financial year beginning on 1[st] September 2021 and ending on 31[st] August 2022

Address:

Over Kellet Village Hall Church Bank Over Kellet Carnforth, LA6 1DT

Telephone: 07471 124423

Email Address:

contact@overkelletplaygroup.co.uk

Website Address:

www.overkelletplaygroup.co.uk

Facebook Address:

en-gb.facebook.com/overkelletplaygroup

Trustees:

Trustees on the date the Trustees' Annual Report was approved:

Zoe Midgley (Chair) Danielle Hodkinson (Secretary) Elisabeth Gott (Treasurer) Victoria Karg Heather Ellershaw Jennifer Connor

Bankers:

Barclays Bank PLC, 38 Market Street, Lancaster, Lancashire, LA1 1HR

Independent Examiner:

Shweta Pankhadiwala, Finance Officer, Lancaster District CVS The Cornerstone, Sulyard Street, Lancaster, LA1 1PX

Page 1 of 11

ANNUAL REPORT - 1ST SEPTEMBER 2021 TO 31ST AUGUST 2022

The trustees of Over Kellet Playgroup present their Annual Report, together with the accounts for the year ended August 2022, which includes the administrative information and list of the Charity's trustees set out above.

Structure, Governance and Management

Summary of Activities Undertaken for Public Benefit

Over Kellet Playgroup continues to provide high quality sessional childcare and education in the Village Hall during term-time for children from the age of two until they start school.

This year we welcomed the removal of most Covid-19 restrictions and enjoyed the return to normal interactions with parents, carers and professionals while maintaining caution and good hygiene measures. Unfortunately, the spread of the Omicron variant impacted our setting in November when five members of staff tested positive. Lack of available staff meant that we had to close for one day on Friday 12[th] November. Parents were very supportive. We thank the Playgroup Manager, Lynsey, for her careful control of the situation – even while she was herself unwell at home. The trustees appreciate all the staff’s efforts at this challenging time, their willingness to cover shifts and their determination throughout to maintain high standards of education and care.

It has been a pleasure to work with Mr Darren Newiss, the new head teacher of Wilson’s Endowed School. He was able to reintroduce the Monday preschool afternoons in the second half of the autumn term and the summer term. This is a fantastic opportunity for our preschool children to get a feel for primary school before the transition from Playgroup.

The trustees would like to thank Ant Battersby and Jilly Mounsey at Leapers Wood Quarry for kindly donating some stone to Playgroup’s garden. This enabled the creation of a quarry play area for the children which helps to develop physical, maths and language skills – and is heaps of fun!

Page 2 of 11

ANNUAL REPORT - 1ST SEPTEMBER 2021 TO 31ST AUGUST 2022

In October, we were pleased to make our relief worker, Gemma, a permanent member of staff. Congratulations are also due to Kirsty who has completed a Level 3 Apprenticeship with Playgroup this year.

The trustees recognise that the staff team is Playgroup’s greatest asset as we focus on the needs and individual development of every child. Sessions regularly run with an ‘extra’ member of staff (over and above the EYFS statutory staff to child ratio). The trustees thank Jackie for being such a happy Duputy Manager, Rachel for her work as SENCo and our Early Years Teacher and Playgroup Manager, Lynsey, for coordinating stimulating activities and ensuring a balanced curriculum. This year the children have enjoyed educational visits from the library van, fire brigade, nurse Anna, a police officer, lollipop lady Sue and a JCB digger!

Management of the Charity

In line with our constitution, the trustees (in conjunction with the Playgroup Manager, Deputy Manager and Business Manager) manage the charity. The trustees take an overseeing role and create formal policies for the charity. Day to day management is carried out by the Playgroup Manager, Deputy Manager and Business Manager.

Financial Activity

The final accounts report a profit of £10,436.18 . This is a welcome uplift to our reserve funds amid inflationary pressures and subsequent to a couple of difficult years. Occupancy levels have improved but are not yet at pre-pandemic levels. The trustees are pleased to value the sustainability of our charity and will endeavour to continue to provide the best care, education and support to local children, families and the community.

The trustees are very grateful to the Withers Trust for its continuing generosity in contributing £1,000 this year towards our Hall hire costs.

The Omicron variant unfortunately meant that we were unable to hold a Christmas fundraiser but it was a joy to once again hold a Summer Open Afternoon and welcome current and prospective parents and carers into our setting. The event and associated raffle raised £662.76. Leavers photos were a popular addition to our fundraising calendar and raised £158.57. The staff and trustees would like to thank one of our brilliant preschool children who decided to do a sponsored walk for Playgroup. He raised £200 and asked for the money to be spent on ride-on tractors. We will make a special name-plate for the big blue tractor – it will be called “William”! The remaining £931.50 of this year’s special efforts total will be put into our designated fund.

The purpose of this designated fund is to enable the resurfacing of the “race-track” play area in the garden see Notes to the Accounts (3). This year, Playgroup has been fortunate to obtain a grant of £1000 for this project from the Groundwork UK Tesco Community Grants

Page 3 of 11

ANNUAL REPORT - 1ST SEPTEMBER 2021 TO 31ST AUGUST 2022

scheme. Thanks to everybody who contributed tokens in-store! The replacement of the play surface is now urgent and we have asked the Parish Council if they can provide any support as we feel this project complies with the aims and priorities highlighted in Over Kellet’s 2019 Parish Plan.

The trustees have agreed that a small fee increase of 10p per hour is necessary from September next year as inflation rises and the cost-of-living crisis looms. Playgroup fees are still low compared to nearby settings as we aim to support local families.

Risk Management and Reserves

A breakdown of acknowledged risks and Playgroup’s reserve funds is as follows:

Risk 1: The expected number of Playgroup children in attendance in future years is always under review. A financial projection for the following academic year is prepared in the summer term and updated as necessary. This allows us to budget for predictable fluctuations in income and expenditure and manage our reserve funds as necessary.

Risk 2: The majority of Playgroup's funding is dependent upon the Government's Early Education Funding which is available to all children from the term following their third birthday and also some two year olds; (please see www.lancashire.gov.uk/education/childcare).

Risk 3: Playgroup operates in the Village Hall which is rented on a per hour basis.

Risk 4: Seven of our eight members of staff would be entitled to redundancy payments should Playgroup cease to operate, subject to the terms and conditions of their contracts.

Over Kellet Playgroup holds four reserve funds in order to manage the risks highlighted above. These funds, which are reviewed annually, are as follows:

In addition, restricted funds are held to support specific areas within our setting: AEN (Additional Educational Needs) and EYPP (Early Years Pupil Premium).

Signed on behalf of the Trustees - Chair (Ms Zoe Midgley) :

Date :

Page 4 of 11

ANNUAL REPOR T- ISTSEPTEMBER 2021 TO 31ST AUGUST 2022 Kelet Independent axaminerfs report to the trustees of Over Kellet Playgroup Charlty No. 1029338 I report on the accounts for the year 1st September 2021- 31st August 2022 Respective responsibllitiès of trustees and examiner The charitys trustees are responsible for the preparalion of the accounts. The charity's trustees considèr that 8n audit is nol requirad for this year under se¢tion 144121 of th8 Charities A¢t 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accl)￿nts under section 145 of the 2011 Act,. to follow the procedures18id down in the general Directions givèn by thè Charity Commission under section 14515llbl of the 2011 Act., and to stale whether particular matters have come to my attention Basls of Independent examlnerfs report My examination was canied out in accordance with the general Directions given by the Charity cOm￿lS￿on. An examination irkdudes a review of Ihe accounlinq records kept by the charity and a comparison of the accounts presented with those records. It also indudes consideration of any unusu81 items or disclosures in the a¢¢okJnls. and seeking explanations from you as truste8s )ncemirvJ any such rnatters. The procedures Ufmlertaken do not provide all the evidence that would be required in an audit and consequenuy no opinion is given as lo whether the accounts P￿sent a 'lrue and fair vi$w' and Ihe report is limtted lo those matters sel out in the ststemgnt below. Independent examinerfs statement In connection wtth my examination, no matter has come to my attention.. 111 which gives me reasonable cause to believe that in any material reS￿cl the requirements.. to keep aC￿Unting records in accordance with seGtK>n 130 of the 2011 Act,. and to prepare accounts which accord with the ac(ounting records aThJ comply with the a(xounting requiremènts of the 2011 Act have not been met., or 121 to which, in my otxnion, attention should be drawn in order lo enable a proper understanding of the acLounts to be reached. Shweta Pankhadiwala Clo Lancaster District CVS. The Cornerstone Sutyard Slreet Lancaster LA1 1PX 6th February 2023. Page 5of11

ANNUAL REPORT - 1ST SEPTEMBER 2021 TO 31ST AUGUST 2022

Receipts and Payments Accounts

2022 note 2021
OPENING BALANCES
Bank (Barclays Current) £28,619.60 £27,158.37
Bank (Barclays Business Premium) £34,216.32 £34,209.04
Cash (in hand) £141.43 £121.17
£62,977.35 £61,488.58
INCOME (1)
Fees and Early Education Funding (Unrestricted)
LCC Early Education Funding (3/4Y) £91,710.83 £65,732.91
LCC Early Education Funding (2Y) £7,030.00 £13,611.12
LCC Covid Payment - £1,000.00
Fees £10,721.71 £15,792.30
£109,462.54 £96,136.33
Early Education Funding (Restricted)
AEN £4,218.00 £0.00
Early Years Pupil Premium £520.20 (2) £278.25
£4,738.20 £278.25
Grants (Restricted)
Tesco Community Grant £1,000.00 (3) -
Withers Trust (Rent) £1,000.00 £1,000.00
Nursery Milk Scheme (Kitchen) £710.13 £572.78
£2,710.13 £1,572.78
Special Efforts (Unrestricted)
Summer Open Afternoon £662.76 (£20.00)
Leavers Photos £158.57
Sponsored Walk £200.00
Online Shopping £110.17 £10.49
£1,131.50 (£9.51)
Sundry Income (Unrestricted)
Donation £1.50 £161.90
Bank Interest £5.13 £7.28
£118,049.00 £98,147.03

Page 6 of 11

ANNUAL REPORT - 1ST SEPTEMBER 2021 TO 31ST AUGUST 2022

GOINGS
Education Funding (Restricted)
AEN
Early Years Pupil Premium
ts (Restricted)
Tesco Community Grant
Withers Trust (Rent)
Nursery Milk Scheme (Kitchen)
eral Funds (Unrestricted)
Wages
Payroll
Accounts and Administration
Rent
Training
Pre-School Learning Alliance Insurance
Equipment –Designated Funds
Equipment –Non-Designated Funds
Postage, Stationery & Printing
Kitchen
Bank Charges re BACS
Communications / IT
OFSTED reg.
DBS Disclosures
Early Years Alliance Membership
LCC - SSG Membership
Maintenance
Staff Uniform
Sundry Outgoings
SING BALANCES
Bank (Barclays Current)
Bank (Barclays Business Premium)
Cash (in hand)
2022
note
£2,409.76
(4)
£471.03
(5)
£2,880.79
£0.00
£1,000.00
£709.05
(6)
£1,709.05
£83,497.67
(7)
£803.40
£6,762.36
£6,976.00
£577.34
£904.79
£0.00
(3)
£853.50
£637.64
£217.53
£54.00
£450.65
£50.00
£16.20
£109.25
£385.00
£452.15
£0.00
£275.50
£107,612.82
£38,565.32
£34,221.45
£626.76
£73,413.53
2021
£97.99
£239.57
-
£1,000.00
£572.78
2021
£1,572.78
£73,712.82
£355.84
£6,699.40
£6,969.00
£1,039.99
£802.13
£0.00
£823.31
£616.41
£183.76
£48.00
£2,008.59
£50.00
£48.29
£109.25
£577.50
£428.22
£4.00
£271.41
£96,658.26
£28,619.60
£34,216.32
£141.43
£62,977.35

OUTGOINGS

Early Education Funding (Restricted)

Grants (Restricted)

General Funds (Unrestricted)

CLOSING BALANCES

Page 7 of 11

ANNUAL REPORT - 1ST SEPTEMBER 2021 TO 31ST AUGUST 2022

Statement of Assets and Liabilities

Account Balances (at Year End 31[st] August 2022)

31st August
2022
31st August
2021
Change
Bank (Barclays Current)
Bank (Barclays Business Premium)
Cash (in hand)

* £38,565.32

£34,221.45

£626.76

£28,619.60

£34,216.32

£141.43

£9,945.72

£5.13

£485.33
£73,413.53
£62,977.35

£10,436.18

Restricted Funds (at Year End 31[st] August 2022)

AEN (4)
EYPP (5)
Tesco Community Grant (3)
Withers Trust (Rent)
Nursery Milk Scheme (Kitchen) (6)
31st August 2022
£2747.57
£767.36
£1000.00
£0.00
£1.08
£4,516.01

Reserve Funds (at Year End 31[st] August 2022)


Redundancy Fund
Emergency Contingency Fund
Projected Deficit Fund *
Equipment Replacement Fund
31st August 2022
£28,027
£35,871
£2000
£2,500
£68,398

In line with our Reserves Policy, as outlined in Risk Management and Reserves (see page 4).

Page 8 of 11

ANNUAL REPORT - 1ST SEPTEMBER 2021 TO 31ST AUGUST 2022

Assets (at Year End 31[st] August 2022)

Item
Qty
Purchase
Value
Purchase
Date
Depreciation
since new

Value @ 31st
August 2022
Shed
1
£444.85
12 Jan 12
£444.85
£0.00
Playhouse (replaced May 14)
1
£462.89
12 Jan 12
£462.89
£0.00
Storage tower
1
£245.34
18 May 12
£245.34
£0.00
Mobile book case
1
£155.94
29 Jun 12
£155.94
£0.00
Clic construction
1
£111.24
16 Nov 12
£111.24
£0.00
Fire station set
1
£136.68
16 Nov 12
£136.68
£0.00
Dolls house
1
£260.10
26 Apr 13
£260.10
£0.00
Interstar construction
1
£147.54
3 May 13
£147.54
£0.00
Busyfold display board
1
£115.92
20 Sep 13
£115.92
£0.00
Construction site/bricks
1
£348.00
1 Oct 13
£348.00
£0.00
Dressing-up rail
1
£163.44
25 Oct 13
£163.44
£0.00
Trikes
3
£319.13
4 Apr 14
£319.13
£0.00
Laptop (IT)
1
£409.98
31 Jul 14
£409.98
£0.00
Apple Ipad / case (IT)
2
£745.29
13 Aug 14
£745.29
£0.00
Easel
1
£161.88
14 Aug 15
£161.88
£0.00
Sand and water tray
1
£105.54
14 Aug 15
£105.54
£0.00
Circular red table
1
£203.52
14 Aug 15
£203.52
£0.00
Rolly ride-on tractor
1
£116.00
1 Sep 15
£116.00
£0.00
Filing cabinet
1
£119.99
12 Feb 16
£119.99
£0.00
Laminator
1
£125.99
24 Jan 17
£125.99
£0.00
New garden area
1
£2021.00
21 Apr 17
£2021.00
£0.00
Artificial grass
1
£911.20
12 Jun 17
£911.20
£0.00
Mud sink bench
1
£122.00
4 Sep 17
£122.00
£0.00
Screen
1
£210.00
9 Apr 18
£210.00
£0.00
Apple Ipad / case (IT)
1
£398.99
19 Nov 19
£365.74
Motorola Moto G8 (IT)
1
£168.50
26 Sep 20
£112.30
Acer Aspire3 laptop(IT)
2
£798.00
30 Aug 21
£266.00
Space divider
2
£278.00
2 Oct 21
£5.79
£33.25
£56.20
£532.00
£272.21
£893.66

Depreciation is calculated at 33.33% straight line for IT equipment and 25% straight line for other items. This list is only partially populated, with new assets being listed from 1[st] September, 2011. Only assets with a financial value above £100, in line with the depreciation statement above, will be listed here.

Page 9 of 11

ANNUAL REPORT - 1ST SEPTEMBER 2021 TO 31ST AUGUST 2022

Notes to the Accounts

2021 Designated Fund b/f £1,321.50 2021/22 Donations £1.50 2021/22 Special Efforts £931.50 2022 Designated Fund c/f £2,254.50 Tesco Community Grant (Restricted) £1,000.00 Total £3,254.50

Wages (£2244.17) Training (£64.32) Postage, Stationery & Printing (£36.93) Equipment (£64.34) (£2409.76) 2021 AEN Restricted Fund b/f £939.33 2021/22 Inclusion Funds £4,218.00 2022 AEN Restricted Fund c/f £2,747.57

Fees (£36.00) Training (£136.00) Equipment (£299.03) (£471.03) 2021 EYPP Restricted Fund b/f £718.19 2021/22 EYPP £520.20 2022 EYPP Restricted Fund c/f £767.36

Page 10 of 11

ANNUAL REPOR T- ISTSEPTEMBER 2021 TO 31ST AUGUST 2022 Kelet Chair's Re ort Page 11 of11