Westbrook Little People Playgroup
Charity No. 1029611
Trustees' Report and Unaudited Accounts
31 March 2024
Westbrook Little People Playgroup Trustees Annual Report
The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 1029611
Principal Office
Westbrook Hall Tempest Avenue Waterlooville PO7 8NU Address Line 5
Trustees
The following trustees served during the year:
Louise Groves Kay Herbert Sarah Kendrick Michelle Traviss Gemma Cooper
Accountants
SHCA Limited 87 London Road Cowplain Waterlooville PO8 8XB
OBJECTIVES AND ACTIVITIES
To enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children using the EYFS (Early Years Foundation Stage).
To provide a safe, secure and fun learning and play environment for preschool children.
The trustees has had regard to the Charity Commission’s guidance on public benefit in managing the activities of the charity.
ACHIEVEMENTS AND PERFORMANCE
Westbrook Little People is a charity-based organisation with a voluntary management committee. The staff are well qualified, enthusiastic, committed, and strive to meet the individual needs of our little people, ensuring they get the very best start. Being a charity pre-school, we rely on fundraising events to help support us to buy additional equipment and resources that are required to assist the children’s development needs.
FINANCIAL REVIEW
Westbrook Little People has had a good financial year. We have ended the year in profit. We feel hopeful that the profit will support us in the next financial year with the increase in wages and running costs such as hall rent. The profitable success this year is due to a huge increase in children and careful spending.
On reflection, not many fundraising events were held due to a busy year. This is something that we will do more of next year.
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Westbrook Little People Playgroup Trustees Annual Report
We plan to ensure we are financially viable so that we can continue to provide a great education to the children in our community.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity has a standard registration with a governing document being a scheme of the charity commission dated 2nd August 2016
The methods adopted for the recruitment and appointment of new trustees is from parents of the children attending the preschool
Statement of trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees 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 charity's trustees
Michelle Traviss Trustee 05 November 2024
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Westbrook Little People Playgroup Independent Examiners Report
Independent Examiner's Report to the trustees of Westbrook Little People Playgroup
I report to the trustees on my examination of the financial statements of Westbrook Little People Playgroup for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all 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 can 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:
-
the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached.
Stuart Hoare ICAEW SHCA Limited 87 London Road Cowplain Waterlooville
PO8 8XB 05 November 2024
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Westbrook Little People Playgroup Statement of Financial Activities
for the year ended 31 March 2024
| Notes Income and endowments from: Charitable activities 3 Other trading activities 4 Investments 5 Total Expenditure on: Charitable activities 6 Other 7 Total Net gains on investments Net income Transfers between funds Net income before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds |
Total funds | Total funds | |
|---|---|---|---|---|
| 2024 | 2024 | 2023 | ||
| £ | £ | £ | ||
| 171,680 | 171,680 | 126,239 | ||
| 254 | 254 | 356 | ||
| 636 | 636 | 181 | ||
| 172,570 | 172,570 | 126,776 | ||
| 17,483 | 17,483 | 5,725 | ||
| 132,097 | 132,097 | 111,785 | ||
| 149,580 | 149,580 | 117,510 | ||
| - | - | - | ||
| 22,990 | 22,990 | 9,266 | ||
| - | - | - | ||
| 22,990 | 22,990 | 9,266 | ||
| 22,990 | 22,990 | 9,266 | ||
| 61,470 | 61,470 | 52,204 | ||
| 84,460 | 84,460 | 61,470 | ||
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Westbrook Little People Playgroup Balance Sheet
at 31 March 2024
| Charity No. 1029611 Fixed assets Tangible assets 9 Current assets Cash at bank and in hand Creditors:Amount falling due within one year 10 Net current assets Total assets less current liabilities Net assets excluding pension asset or liability Total net assets The funds of the charity Restricted funds 11 Unrestricted funds 11 General funds Reserves 11 Total funds |
2024 £ 1 1 86,384 86,384 (1,925) 84,459 84,460 84,460 84,460 84,460 84,460 84,460 |
2023 £ 1 |
|---|---|---|
| 1 64,221 |
||
| 64,221 (2,752) |
||
| 61,469 61,470 |
||
| 61,470 | ||
| 61,470 | ||
| 61,470 | ||
| 61,470 | ||
| 61,470 |
Approved by the trustees on 05 November 2024
And signed on their behalf by:
Michelle Traviss Trustee 05 November 2024
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Westbrook Little People Playgroup Notes to the Accounts
for the year ended 31 March 2024
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
-
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
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Westbrook Little People Playgroup Notes to the Accounts
Expenditure
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Plant and equipment 25% Straight line
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
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Westbrook Little People Playgroup Notes to the Accounts
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
2 Statement of Financial Activities - prior year
| Income and endowments from: Charitable activities Other trading activities Investments Total Expenditure on: Raising funds Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 3 Income from charitable activities Child attendance fees |
Unrestricted £ 171,680 171,680 |
Unrestricted funds 2023 £ 126,239 356 181 126,776 5,394 331 111,785 117,510 9,266 9,266 9,266 52,204 61,470 Total 2024 £ 171,680 171,680 |
Total funds 2023 £ 126,239 356 181 |
|---|---|---|---|
| 126,776 5,394 331 111,785 |
|||
| 117,510 | |||
| 9,266 | |||
| 9,266 | |||
| 9,266 52,204 |
|||
| 61,470 | |||
| Total 2023 £ 126,239 |
|||
| 126,239 |
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Westbrook Little People Playgroup Notes to the Accounts
- 4 Income from other trading activities
| Fund raising activities 5 Income from investments Bank account interest 6 Expenditure on charitable activities Expenditure on charitable activities Child attendance fees Fundraising expenses Governance costs 7 Other expenditure Employee costs Premises costs General administrative costs Legal and professional costs |
Unrestricted £ 254 254 Unrestricted £ 636 636 Unrestricted £ 17,483 - 17,483 Unrestricted £ 116,167 10,555 3,630 1,745 132,097 |
Total 2024 £ 254 254 Total 2024 £ 636 636 Total 2024 £ 17,483 - 17,483 Total 2024 £ 116,167 10,555 3,630 1,745 132,097 |
Total 2023 £ 356 |
|---|---|---|---|
| 356 | |||
| Total 2023 £ 181 |
|||
| 181 | |||
| Total 2023 £ 5,394 331 |
|||
| 5,725 | |||
| Total 2023 £ 92,499 14,741 2,737 1,808 |
|||
| 111,785 |
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Westbrook Little People Playgroup Notes to the Accounts
| 8 Staff costs 2024 2023 Salaries and wages 109,799 88,115 Social security costs 2,534 - Pension costs 1,866 1,420 114,199 89,535 No employee received emoluments in excess of £60,000. The average monthly number of full time equivalent employees during the year was as follows: 2024 2023 Number Number Direct supervision of children 6 7 6 7 9 Tangible fixed assets Plant and equipment Total £ £ Cost or revaluation At 1 April 2023 6,208 6,208 At 31 March 2024 6,208 6,208 Depreciation and impairment At 1 April 2023 6,207 6,207 At 31 March 2024 6,207 6,207 Net book values At 31 March 2024 1 1 At 31 March 2023 1 1 10 Creditors: amounts falling due within one year 2024 2023 £ £ Other creditors 941 - Accruals 984 2,752 1,925 2,752 |
8 Staff costs 2024 2023 Salaries and wages 109,799 88,115 Social security costs 2,534 - Pension costs 1,866 1,420 114,199 89,535 No employee received emoluments in excess of £60,000. The average monthly number of full time equivalent employees during the year was as follows: 2024 2023 Number Number Direct supervision of children 6 7 6 7 9 Tangible fixed assets Plant and equipment Total £ £ Cost or revaluation At 1 April 2023 6,208 6,208 At 31 March 2024 6,208 6,208 Depreciation and impairment At 1 April 2023 6,207 6,207 At 31 March 2024 6,207 6,207 Net book values At 31 March 2024 1 1 At 31 March 2023 1 1 10 Creditors: amounts falling due within one year 2024 2023 £ £ Other creditors 941 - Accruals 984 2,752 1,925 2,752 |
8 Staff costs 2024 2023 Salaries and wages 109,799 88,115 Social security costs 2,534 - Pension costs 1,866 1,420 114,199 89,535 No employee received emoluments in excess of £60,000. The average monthly number of full time equivalent employees during the year was as follows: 2024 2023 Number Number Direct supervision of children 6 7 6 7 9 Tangible fixed assets Plant and equipment Total £ £ Cost or revaluation At 1 April 2023 6,208 6,208 At 31 March 2024 6,208 6,208 Depreciation and impairment At 1 April 2023 6,207 6,207 At 31 March 2024 6,207 6,207 Net book values At 31 March 2024 1 1 At 31 March 2023 1 1 10 Creditors: amounts falling due within one year 2024 2023 £ £ Other creditors 941 - Accruals 984 2,752 1,925 2,752 |
2023 88,115 - 1,420 |
|---|---|---|---|
| 89,535 | |||
| 7 | |||
| Total £ 6,208 |
|||
| 6,208 | |||
| 6,207 | |||
| 6,207 | |||
| 1 | |||
| 1 | |||
| 2023 £ - |
|||
| 984 | 2,752 | ||
| 1,925 | 2,752 |
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Westbrook Little People Playgroup Notes to the Accounts
11 Movement in funds
| Restricted funds: Unrestricted funds: General funds Total funds 12 Analysis of net assets between funds Fixed assets Net current assets 13 Reconciliation of net debt Cash and cash equivalents Net debt |
At 1 April 2023 61,470 61,470 |
Incoming resources (including other gains/losses ) £ 172,570 172,570 At 1 April 2023 £ |
Resources expended £ (149,580) (149,580) Unrestricted funds £ 1 84,459 84,460 Cash flows £ |
At 31 March 2024 £ 84,460 |
|---|---|---|---|---|
| 84,460 | ||||
| Total £ 1 84,459 |
||||
| 84,460 | ||||
| At 31 March 2024 £ |
||||
| 64,221 | 22,163 | 86,384 | ||
| 64,221 64,221 |
22,163 22,163 |
86,384 | ||
| 86,384 | ||||
| 14 Commitments Operating lease commitments Annual commitments under non-cancellable operating leases 2024 Land and buildings £ Operating leases with expiry date: Pension commitments The pension cost charge to the charity amounted to: |
are as follows: 2024 Other £ 2024 £ 1,866 |
2023 Land and buildings £ |
2023 Other £ 2023 £ 1,420 |
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Westbrook Little People Playgroup Statement of Cash flows for the year ended 31 March 2024
| Cash flows from operating activities Net income per Statement of Financial Activities Adjustments for: Dividends, interest and rents from investments Decrease in trade and other payables Net cash provided by operating activities Cash flows from investing activities Dividends, interest and rents from investments Net cash from investing activities Net cash from financing activities Net increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year |
2024 £ 22,990 (636) (827) 21,527 636 636 - 22,163 64,221 86,384 |
2023 £ 9,266 (181) (2,914) |
|---|---|---|
| 6,171 181 |
||
| 181 | ||
| - | ||
| 6,352 | ||
| 57,869 | ||
| 64,221 | ||
| Components of cash and cash equivalents | ||
| Cash and bank balances | 86,384 | 64,221 |
| 86,384 | 64,221 |
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Westbrook Little People Playgroup Detailed Statement of Financial Activities
for the year ended 31 March 2024
| Income and endowments from: Charitable activities Child attendance fees Other trading activities Fund raising activities Investments Bank account interest Total income and endowments Expenditure on: Charitable activities Child attendance fees Fundraising expenses Total of expenditure on charitable activities Employee costs Salaries/wages Employer's NIC Pension costs Staff training Staff welfare Premises costs Rent Premises cleaning Other premises costs General administrative costs, including depreciation and amortisation Depreciation of Plant and equipment Bank charges Equipment repairs and maintenance General insurances |
Unrestricted funds 2024 £ 171,680 171,680 254 254 636 636 172,570 17,483 - 17,483 17,483 109,799 2,534 1,866 1,342 626 116,167 10,442 113 - 10,555 - 30 117 1,872 |
Total funds 2024 £ 171,680 171,680 254 254 636 636 172,570 17,483 - 17,483 17,483 109,799 2,534 1,866 1,342 626 116,167 10,442 113 - 10,555 - 30 117 1,872 |
Total funds 2023 £ 126,239 |
|---|---|---|---|
| 126,239 | |||
| 356 | |||
| 356 | |||
| 181 | |||
| 181 | |||
| 126,776 5,394 331 |
|||
| 5,725 | |||
| 5,725 88,115 - 1,420 1,056 1,908 |
|||
| 92,499 | |||
| 14,511 80 150 |
|||
| 14,741 | |||
| - 184 - 1,138 |
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Westbrook Little People Playgroup Detailed Statement of Financial Activities
| Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs Audit/Independent examination fees Accountancy and bookkeeping Total of expenditure of other costs Total expenditure Net gains on investments Net income Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
80 310 - 779 442 3,630 984 761 1,745 132,097 149,580 - 22,990 22,990 - 22,990 61,470 84,460 |
80 310 - 779 442 3,630 984 761 1,745 132,097 149,580 - 22,990 22,990 - 22,990 61,470 84,460 |
- 156 425 285 549 |
|---|---|---|---|
| 2,737 | |||
| 960 848 |
|||
| 1,808 | |||
| 111,785 | |||
| 117,510 - |
|||
| 9,266 | |||
| 9,266 - |
|||
| 9,266 | |||
| 52,204 | |||
| 61,470 |
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