2021-03-31-accounts - Independent Mothers Playgroup

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

AGM MEETING 19.10.2020

MANAGERS REPORT

A copy of the Mangers report was Emailed to all parents.

TREASURERS REPORT

The Treasurers report was emailed to all parents and this year’s finances were explained to them. The setting has met all financial commitments. Our finances have been reduced due to the effects of the Pandemic.

ELECTION OF COMMITTEE

All committee members were stood down and re-elected as follows:

Josephine James – Chair-person Leah Townsend – Treasurer

Lisa Pagnello – Secretary

AOB

The Pre-School closed its doors on 27.03.2020 to comply with the Governments guidance of Lockdown.

The setting remained closed after the 01.06.2020 when restrictions for Early years ceased, the reasoning for this was that only one Parent was willing to send their child in. During this time the nursery was re-decorated and hand sanitiser units etc… were installed into the setting. Policy and Procedures were also updated to ensure we met all the new requirements for the Pandemic. We reopened the setting in September but had very low uptake which did not increase until January 2021.

DATES FOR YOUR DIARY

The Christmas activities will still go ahead but unfortunately Parents/Carers will be unable attend. Our gifts again this year has been donated to us from local businesses through the Smarter giving campaign. We will ensure every parent is sent a photo of their child receiving their gift from Father Christmas.

If you require any further information please do not hesitate to contact us Via email or telephone.

	INDEPENDENT MOTHERS PLAYGROUP	INDEPENDENT MOTHERS PLAYGROUP	INDEPENDENT MOTHERS PLAYGROUP	Charity No (if any) 1029809	Charity No (if any) 1029809	CC17a
	Annualaccountsforthe period
	Period start date	01/04/2020	To	Period end date	31/03/2021

Section A	Statement of financial activities
Recommended categories by activity Details of own analysis Note Incoming resources (Note 3) Incoming resources from generated funds Voluntary income Donations S01 Activities for generating funds Fundraising S02 Investment income S03 Incoming resources from charitable activities PlaygroupFees S04 Other incoming resources S05 S06 Resources expended (Notes 4-8) Costs of Generating Funds Costs of generating voluntary income S07 Fundraising trading costs S08 Investment management costs S09 Charitable activities (see section c note 4) S10 Governance costs S11 Other resources expended S12 S13 S14 S15 S16 S17 S18 S19 S20 S21 *Total resources expended* *Total incoming resources* *Total funds carried forward* Total funds brought forward *Net movement in funds* *Net incoming/(outgoing) resources before* *transfers* Gains and losses on investment assets Gains and losses on revaluation of fixed assets for the charity’s own use Other recognised gains/(losses) *Net incoming/(outgoing) resources before* *other recognised gains/(losses)* Gross transfers between funds		Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04				Total last year £ F05
		-	-	-	-	-
		306	-	-	306	604
		-	-	-	-	475
		10,000	-	-	10,000	415
		129,216	-	-	129,216	145,053
		-	-	-	-	-
		139,522	-	-	139,522	146,547

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		169,758	-	-	169,758	150,941
		-	-	-	-	-
		-	-	-	-	-
		169,758	-	-	169,758	150,941
		(30,236)	0	0	(30,236)	(4,394)
		0	0	0	0	0
		(30,236)	0	0	(30,236)	(4,394)

		0	0	0	0	0
		0	0	0	0	0
		(30,236)	0	0	(30,236)	(4,394)
		204,191	-	-	204,191	208,585
		173,955	-	-	173,955	204,191

CC17a (Excel)

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Section B Balance sheet

Unrestricted funds £ F01	Restricted income funds £ F02	Endowment funds £ F03	Total this year Total last year £ £ F04 F05	Total this year Total last year £ £ F04 F05
11,371	-	-	11,371	15,070
-	-	-	-	-
-	-	-	-	-
11,371	-	-	11,371	15,070

-	-	-	-	-
-	-	-	-	623
-	-	-	-	-
164,212	-	-	164,212	191,750
164,212	-	-	164,212	192,373

1,628	-	-	1,628	3,252

162,584	-	-	162,584	189,121

173,955	-	-	173,955	204,191

-	-	-	-	-
-	-	-	-	-

173,955	-	-	173,955	204,191

173,955			173,955	204,191
-			-	-
	-		-	-
		-	-	-

173,955	-	-	173,955	204,191

Signature		Date of approval Print Name
		Leah Maku		10/12/2021
		Lisa Pagenello		10/12/2021

CC17a (Excel)

10/12/2021

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);

• and with* ✓ Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);

and with the Charities Act.

[** except for the following].

Give details in this box if a different standard has been followed.

-Tick as appropriate:
if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick
“Financial Reporting Standards for Smaller Enterprises (FRSSE)”.

** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.

Give details in this box of any material changes that have been made.

§ if no changes have been made to accounting policies then delete these words.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years .

Give details in this box of any material changes that have been made.

CC17a (Excel)

10/12/2021

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming	These are included in the Statement of Financial Activities (SoFA) when:
resources	• the charity becomes entitled to the resources;
	• the trustees are virtually certain they will receive the resources; and
	• the monetary value can be measured with sufficient reliability.
Incoming resources with	Where incoming resources have related expenditure (as with fundraising or contract income)
related expenditure	the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations	Grants and donations are only included in the SoFA when the charity has unconditional
	entitlement to the resources.
Tax reclaims on donations	Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts	which they relate.
Contractual income and	This is only included in the SoFA once the related goods or services have been delivered.
performance related grants
Gifts in kind	Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
	Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
	distributed by the charity.
	Gifts in kind for use by the charity are included in the SoFA as incoming resources when
	receivable.
Donated services and	These are only included in incoming resources (with an equivalent amount in resources
facilities	expended) where the benefit to the charity is reasonably quantifiable, measurable and material_._
	The value placed on these resources is the estimated value to the charity of the service or
	facility received.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Investment income	This is included in the accounts when receivable.
Investment gains and losses	This includes any gain or loss on the sale of investments and any gain or loss resulting from
	revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition	Liabilities are recognised as soon as there is a legal or constructive obligation committing the
	charity to pay out resources.
Governance costs	Include costs of the preparation and examination of statutory accounts, the costs of trustee
	meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance	Where the charity gives a grant with conditions for its payment being a specific level of service
conditions	or output to be provided, such grants are only recognised in the SoFA once the recipient of the
	grant has provided the specified service or output.
Grants payable without	These are only recognised in the accounts when a commitment has been made and there are
performance conditions	no conditions to be met relating to the grant which remain in the control of the charity.
Support Costs	Support costs include central functions and have been allocated to activity cost categories on a
	basis consistent with the use of resources, eg allocating property costs by floor areas, or per
	capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use	These are capitalised if they can be used for more than one year, and cost at least £500. They
by charity	are valued at cost or a reasonable value on receipt.
Investments	Investments quoted on a recognised stock exchange are valued at market value at the year
	end. Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress	These are valued at the lower of cost or market value.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM THOSE
ABOVE

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

Incoming resources may be further analysed if this would help the reader of the accounts.

Analysis	This year Last year £ £	This year Last year £ £
Donations	306	604
	-	-
	-	-
	-	-
	-	-
Total	306	604

Fundraising		475
	-	-
	-	-
	-	-
	-	-
Total	-	475

Investment Income		415
Grant	10,000	-
	-	-
	-	-
	-	-
Total	10,000	415

PlayGroupFees	129,216	145,053
	-	-
	-	-
	-	-
	-	-
Total	129,216	145,053

CC17a (Excel)

10/12/2021

Section C Notes to the accounts (cont)

Note 4 Analysis of resources expended

Resources expended may be further analysed if this would help the reader of the accounts.

Analysis	This year Last year £ £	This year Last year £ £
	-	-
	-	-
Total	-	-

	-	-
	-	-
Total	-	-

	-	-
Total	-	-

Staff Salaries and Employers NI	138,834	128,193
Care Packages	5,124
Travelling	1,000	1,200
Advertising	60
Cleaning	1,637
Refreshments	676	933
NurseryConsumables	4,961	3,936
Repairs andRenewables (inc.Cost of NewGarden)	791	2,964
Heat,Light,Powerandwater	1,412	2,118
Insurance	623	613
Printing, Office stationery/Postage	542	422
Trips		2,030
Software	336
Telephone andBroadband	529	514
Accountancy	1,358	1,377
PremisesExpenses	7,865	492
Miscellaneous		97
Depreciation	3,790	5,024
Consultancy/Training/Subscriptions	220	1,028
Total	169,758	150,941

	-	-
	-	-
Total	-	-

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

*support costs.*
Support cost type	Fundraising activity £	Charitable Activity £	Governance Activity £	Total Cost £
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
Total	-	-	-	-

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).

Number of trustees who were paid expenses Nature of the expenses Total amount paid

This year	Last year
None	None

£	£

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).

*appropriate box(es).*
Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor Independent examiner’s or auditors' fees for reporting on the accounts	This year £	Last year £

	390	390

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 7 Paid employees Please complete this note if the charity has any employees.

7.1 Staff Costs

Fundraising Charitable Activities Governance Other Total Gross wages, salaries and benefits in kind The parts of the charity in which the employees work 7.2 Average number of full-time equivalent employees in the year Employer’s National Insurance costs Pension costs Total staff costs	This year £	Last Year £
	129,009	122,283
	7,111	6,534
	2,714	- 624
	138,834	128,193

nt employees in the year	This year Number	Last year Number
Fundraising	-	-
Charitable Activities	6	6
Governance	-	-
Other	-	-
Total	6	6

7.3 Defined contribution pension scheme

Please complete if a defined contribution pension scheme is operated. Brief details of the scheme Peoples Pension automatic enrolement

CC17a (Excel)

10/12/2021

Section C Notes to the accounts (cont)

Note 8 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

8.1 Total value of grants

8.1 Total value of grants
Purpose for whichgrants made	Grants to institutions Total amount £	Grants to individuals Total amount £
	nil	nil
	-	-
	-	-
	-	-
	-	-
	-	-
*Total*	-	-

8.1 Grantmaking costs

If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.

Support costs of grantmaking

8.3 Grants made to institutions

If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.

*institutions supported.*
Names of institutions	Purpose	Total amount of grantspaid £
		nil
		-
		-
		-
		-
		-
		-
		-
		-
		-
*Total grants to institutions*		-

CC17a (Excel)

10/12/2021

Section C Notes to the accounts (cont)

Note 9 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation

Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Payments on account and assets under construction £	Total £
-	-	-	51,082	-	51,082
-	-	-	91	-	91
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	51,173	-	51,173
-	-	-	36,012	-	36,012
-	-	-	3,790	-	3,790
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	39,802	-	39,802

-	-	-	15,070	-	15,070
-	-	-	11,371	-	11,371

9.4 Revaluation

If any fixed assets have been revalued please give details of the valuer and method of valuation

* The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 10 Investment assets

Please complete this note if the charity has any investment assets.

10.1 Fixed assets investments

Add/(deduct):net gain/(loss) on revaluation Carrying (market) value at beginning of year Carrying (market) value at end of year Add:additions to investments at cost Less:disposals at carrying value	£
	-
	-
	-
	-
	-

Please provide below:

10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.

10.3 A breakdown of the income from investments agreeing with SOFA row S03.

Analysis of investments Other investments Total Investment properties Securities not listed on a recognised Stock Exchange Cash held as part of the investment portfolio Investments listed on a recognised stock exchange or held in common investment funds, open ended investment companies, unit trusts or other collective investment schemes Investments in subsidiary or connected undertakings and companies	10.2 Market value at year end £	10.3 Income from investments for the year £
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-

10.4 Material investment holdings

If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.

Investment held

Market Value

CC17a (Excel)

10/12/2021

Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
-	-	-	-
-	-	-	-
	623	-	-
-	-	-	-
-	623	-	-

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
-	-	-	-
485	2,295	-	-
	-	-	-
753	567	-	-
390	390	-	-
1,628	3,252	-	-

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

CC17a (Excel)

10/12/2021

Section C Notes to the accounts (cont)

Note 13 Endowment and restricted income funds

Please complete this section if the charity has any endowment or restricted income funds.

13.1 Funds held

Please give a brief description of any of the following type of funds held by the charity:

permanent endowment funds (PE);
expendable endowment funds (EE); and
restricted income funds, including special trusts, of the charity (R).

Type PE, EE Fund Name Purpose and Restrictions or R

13.2 Movements of major funds

Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.

Fund names	Fund balances brought forward £	Incoming resources £	Outgoing resources £	Transfers £	Gains and losses £	Fund balances carried forward £
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
Total Funds	-	-	-	-	-	-

13.3 Transfers between funds

Please give details of any transfers between funds.

From Fund (Name) To Fund (Name) Reason Amount

CC17a (Excel)

10/12/2021

Section C Notes to the accounts (cont)

Note 14 Transactions with related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.

14.1 Remuneration and benefits

Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.

Name of trustee or connected party	Legal authority (eg order, governing document)	Amounts paid or benefit value	Amounts paid or benefit value
		This year £	Last year £

14.2 Loans

Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.

Due to trustees and related parties Due from trustees and related parties	Name of trustee or connected party	Legal authority	Amount owing	Amount owing
			This year £	Last year £

14.3 Other transaction(s) with trustees or related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.

Name of the trustee or relatedparty	Relationship to charity	Description of the transaction(s)	This year £	Last year £

CC17a (Excel)

10/12/2021

Section C Notes to the accounts (cont)

Note 15 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

No Additional Disclosures

CC17a (Excel)

10/12/2021

Imps pre-school AGM 19.10.2020

Managers report

Due to the restrictions associated with the current health situation (Covid-19) our annual AGM again this year was held online with members of the committee.

It was decided that we would not increase our fees for another year, our Fees still stand at £6 per hour as most of the children attending are government funded. An increase in fees would have little impact on our finances and an increase could possibly prevent low earning families from accessing the provision. This enables our low-income working families that do not meet any of the funding thresholds to access our provision.

This financial year we have been supported by Local businesses who donated Christmas presents for the children. Due to our enrolment with In-Kind direct we have been able to distribute Christmas care packages to our families and also we have distributed New Baby care packages for the families who have just welcomed a new baby.

I would like to thank the committee and staff for all their support and commitment throughout this difficult period that we are experiencing at this time. Without your dedication we would not be able to provide such high standard childcare provision.

TREASURERS REPORT 2020-2021

30[th] November 2021

We are down financially this year due to the impact of the current pandemic, leaving a balance of £173,955 as of the 31[st] March 2021.
The Group is still in receipt of the Nursery Education Funding for all children aged between 3 – 4 years old. Most of our children are still funded through the 2yr old funding scheme. We have not reached our full capacity as we normally do. Again this is an impact of the pandemic whereby parents chose to keep their children at home.
Fund raising events raised a total of £0.00.
Donations at the end of 31[st] March 2021 were £306.
r