## **Trustees’ Annual Report for the period**
**From 1/09/2021 Period start date To 31/08/2022 Period end date**
## **Charity name:Soham Playgroup**
## **Charity registration number:1032286**
## **Objectives and Activities**
**----- Start of picture text -----**
SORP reference
Summary of the purposes Para 1.17 To offer places to the children of
of the charity as set out the community in a safe and
in its governing secure setting.
document
Summary of the main Para 1.17 and We offer sessional playgroup for
1.19
activities in relation to all children from 2 years until 4
those purposes for the years. Children can attend using
public benefit, in their funded hours or by paid
particular, the activities, sessions. We offer sessions to all
projects or services with regard to SEND, EAL.
identified in the
accounts.
Statement confirming Para 1.18 The Trustees have had regard to
whether the trustees the guidance issued by the Charity
have had regard to the Commission on public benefit.
guidance issued by the
Charity Commission on
public benefit
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
## **Achievements and Performance**
**----- Start of picture text -----**
SORP reference
During this difficult time in the
midst of Covid restrictions we
maintained an open setting for the
Summary of the main Para 1.20 benefit of all the children.
achievements of the
charity, identifying the We continued to offer a high
difference the charity’s staff/child ratio and during this
work has made to the period we had a ofsted inspection
circumstances of its and received a good outcome.
beneficiaries and any
wider benefits to society Later in the year we visited lots of
as a whole. the local places of interest with
regard to encouraging local
interest in the setting and
involving the community.
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
**----- End of picture text -----**
## **Financial Review**
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Review of the charity’s Para 1.21
financial position at the
end of the period
Statement explaining the Para 1.22 We hold a reserve of £20,000, this
policy for holding is held for use for staff
reserves stating why they redundancies and unexpected cost
are held for the Portacabin
Amount of reserves held Para 1.22 £20000
Reasons for holding zero Para 1.22
reserves
Details of fund materially Para 1.24
in deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a
going concern
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
The charity’s principal sources of funds Para 1.47 (including any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the Para 1.46 principal risks facing the charity Other
## **Structure, Governance and Management**
**----- Start of picture text -----**
Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 Trustee incorporated as a body
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Election at AGM
methods including details
of any constitutional
provisions e.g. election to
post or name of any
person or body entitled
to appoint one or more
trustees
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
**----- End of picture text -----**
## **Reference and Administrative details**
**----- Start of picture text -----**
Charity name Soham Playgroup
Other name the charity
uses
Registered charity 1032286
number
**----- End of picture text -----**
**----- Start of picture text -----**
Charity’s principal 3 Ennion Close
address Soham
CB7 5GU
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## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Louise Sarll Chair
2 Helen Clark Trustee
3 Lisa Negus Trustee
4 Chris Negus Trustee
5 Elaine Holmes Trustee
6 Anya Clements Trustee
7 Jane Garrod Treasurer
8 Demi Kirk Secretary
9 Christie Lee Trustee
10 Michele Irvine Trustee
11 Angie Clark Trustee
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
**----- Start of picture text -----**
Trustee name Dates acted if not for whole
year
**----- End of picture text -----**
**Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees**
**Signature(s)** Louise Sarll **Full name(s)** Louise Sarll
**Position (eg** Chair **Secretary, Chair, etc)**
**Date** 09/03/2023
Registered charity number 1032286
## Soham Playgroup
Report and Accounts
31 August 2022
## **Soham Playgroup Report and accounts Contents**
||**Page**|
|---|---|
|Trustees' report|1|
|Accountants' report|2|
|Profit and loss account|3|
|Balance sheet|4|
|Notes to the profit and loss account|5|
|Notes to the balance sheet|6|
**Soham Playgroup Registered number: 1032286 Trustees' Report**
The trustees present their report and accounts for the year ended 31 August 2022.
## **Principal activities**
The charity's principal activity during the year continued to be that of the provision of early years childcare and the application of the early years foundation stage framework
## **Trustees'**
The following persons served as trustees during the year:
L Sarll Chairperson S Miller Secretary L Correa K Fahey C Lee M Irvine D Kirk T Fretwell A Clark
This report was approved by the trustees on 19 October 2022 and signed on its behalf.
L Sarll Chairperson
1
## **Soham Playgroup Accountants' Report**
## **Accountants' report to the trustees of Soham Playgroup**
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the charity and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Johnson & Co Accountants Ltd
30a High Street Soham Ely Cambs CB7 5HE
19 October 2022
2
## **Soham Playgroup Schedule to the profit and loss account for the year ended 31 August 2022**
_for the information of the trustees only_
|**Sales**
Cost of sales
**Gross profit**
Premises costs
Administrative expenses
**Operating (loss)/profit**
**(Loss)/profit for the financial year**|**2022**
**£**
105,105
(94,799)
10,306
(12,239)
(6,078)
(8,011)
(8,011)|**2021**
**£**
126,649
(87,672)
38,977
(12,046)
(22,768)
4,163
4,163|
|---|---|---|
3
## **Soham Playgroup Registered Charity number:** 1032286 **Balance Sheet as at 31 August 2022**
|**Notes**
**Fixed assets**
Tangible assets
2
**Current assets**
Stocks
Debtors
3
Cash at bank and in hand
**Net current assets**
**Net assets**
Trustees reserves
**Trustees' funds**|**2022**
**£**
7,563
248
(1,248)
48,699
47,699
47,699
55,262
55,262
55,262|248
-
52,941
53,189|**2021**
**£**
10,084
53,189
63,273
63,273
63,273|
|---|---|---|---|
H James Trustee Approved by the trustees on 19 October 2022
4
## **Soham Playgroup Detailed profit and loss account for the year ended 31 August 2022**
_This schedule does not form part of the statutory accounts_
|**Sales**
Cambridgeshire County Council
Fees received
Registration fess
Grant income
Fundraising
Donations
Training and Clothing
**Administrative expenses**
Employee costs:
Staff wages
PAYE & NI
JRS Grant
Staff entertaining
Pension
Staff training and welfare
DBS checks
Equipment and activities
Premises costs:
Rent of permanent settings
Portacabin costs
General administrative expenses:
Telephone and fax
Stationery, IT and postage
Toys and equipment
Fundraising costs
Subscriptions
Bank charges
Public liability Insurance
Committee Costs
Gifts
Insurance
Depreciation|**2022**
**£**
69,278
27,821
5,979
-
665
1,362
-
105,105
85,448
2,863
-
-
1,422
768
52
4,246
94,799
11,400
839
12,239
179
1,927
176
42
358
88
-
-
115
672
2,521
6,078
113,116|**2021**
**£**
94,294
26,928
3,075
-
1,515
523
314
126,649
84,565
3,675
(688)
120
-
-
-
-
87,672
11,496
550
12,046
225
1,555
16,499
204
70
88
660
105
-
-
3,362
22,768
122,486|
|---|---|---|
5
**Soham Playgroup Notes to the balance sheet for the year ended 31 August 2022**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
## _**Turnover**_
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
## _**Intangible fixed assets**_
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
## _**Tangible fixed assets**_
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Tenants improvements 5 years straight line Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years
## _**Investments**_
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
## _**Stocks**_
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
## _**Creditors**_
6
## **Soham Playgroup Notes to the balance sheet for the year ended 31 August 2022**
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7
## **Soham Playgroup Notes to the balance sheet for the year ended 31 August 2022**
## _**Taxation**_
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
## _**Provisions**_
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
## _**Foreign currency translation**_
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
## _**Leased assets**_
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
## _**Pensions**_
Contributions to defined contribution plans are expensed in the period to which they relate.
## **2 Tangible fixed assets**
|**Cost**
At 1 September 2021
At 31 August 2022
**Depreciation**
At 1 September 2021|**Land and**
**buildings**
**£**
21,409
21,409
11,325|
|---|---|
8
## **Soham Playgroup Notes to the balance sheet for the year ended 31 August 2022**
|Charge for the year
At 31 August 2022
**Net book value**
At 31 August 2022
At 31 August 2021|2,521
13,846
7,563
10,084|
|---|---|
9
## **Soham Playgroup Notes to the balance sheet for the year ended 31 August 2022**
|**3**
**Debtors**
Trade debtors|**2022**
**£**
(1,248)|**2021**
**£**
-|
|---|---|---|
## **4 Other information**
Soham Playgroup is registered with the Charities Commission, the address for correspondence is:
3 Ennion Close Soham Ely Cambs CB7 5GU
10
Registered charity number 1032286
## Soham Playgroup
Report and Accounts
31 August 2022
## **Soham Playgroup Report and accounts Contents**
||**Page**|
|---|---|
|Trustees' report|1|
|Accountants' report|2|
|Profit and loss account|3|
|Balance sheet|4|
|Notes to the profit and loss account|5|
|Notes to the balance sheet|6|
**Soham Playgroup Registered number: 1032286 Trustees' Report**
The trustees present their report and accounts for the year ended 31 August 2022.
## **Principal activities**
The charity's principal activity during the year continued to be that of the provision of early years childcare and the application of the early years foundation stage framework
## **Trustees'**
The following persons served as trustees during the year:
L Sarll Chairperson S Miller Secretary L Correa K Fahey C Lee M Irvine D Kirk T Fretwell A Clark
This report was approved by the trustees on 19 October 2022 and signed on its behalf.
L Sarll Chairperson
1
## **Soham Playgroup Accountants' Report**
## **Accountants' report to the trustees of Soham Playgroup**
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the charity and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Johnson & Co Accountants Ltd
30a High Street Soham Ely Cambs CB7 5HE
19 October 2022
2
## **Soham Playgroup Schedule to the profit and loss account for the year ended 31 August 2022**
_for the information of the trustees only_
|**Sales**
Cost of sales
**Gross profit**
Premises costs
Administrative expenses
**Operating (loss)/profit**
**(Loss)/profit for the financial year**|**2022**
**£**
105,105
(94,799)
10,306
(12,239)
(6,078)
(8,011)
(8,011)|**2021**
**£**
126,649
(87,672)
38,977
(12,046)
(22,768)
4,163
4,163|
|---|---|---|
3
## **Soham Playgroup Registered Charity number:** 1032286 **Balance Sheet as at 31 August 2022**
|**Notes**
**Fixed assets**
Tangible assets
2
**Current assets**
Stocks
Debtors
3
Cash at bank and in hand
**Net current assets**
**Net assets**
Trustees reserves
**Trustees' funds**|**2022**
**£**
7,563
248
(1,248)
48,699
47,699
47,699
55,262
55,262
55,262|248
-
52,941
53,189|**2021**
**£**
10,084
53,189
63,273
63,273
63,273|
|---|---|---|---|
H James Trustee Approved by the trustees on 19 October 2022
4
## **Soham Playgroup Detailed profit and loss account for the year ended 31 August 2022**
_This schedule does not form part of the statutory accounts_
|**Sales**
Cambridgeshire County Council
Fees received
Registration fess
Grant income
Fundraising
Donations
Training and Clothing
**Administrative expenses**
Employee costs:
Staff wages
PAYE & NI
JRS Grant
Staff entertaining
Pension
Staff training and welfare
DBS checks
Equipment and activities
Premises costs:
Rent of permanent settings
Portacabin costs
General administrative expenses:
Telephone and fax
Stationery, IT and postage
Toys and equipment
Fundraising costs
Subscriptions
Bank charges
Public liability Insurance
Committee Costs
Gifts
Insurance
Depreciation|**2022**
**£**
69,278
27,821
5,979
-
665
1,362
-
105,105
85,448
2,863
-
-
1,422
768
52
4,246
94,799
11,400
839
12,239
179
1,927
176
42
358
88
-
-
115
672
2,521
6,078
113,116|**2021**
**£**
94,294
26,928
3,075
-
1,515
523
314
126,649
84,565
3,675
(688)
120
-
-
-
-
87,672
11,496
550
12,046
225
1,555
16,499
204
70
88
660
105
-
-
3,362
22,768
122,486|
|---|---|---|
5
**Soham Playgroup Notes to the balance sheet for the year ended 31 August 2022**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
## _**Turnover**_
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
## _**Intangible fixed assets**_
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
## _**Tangible fixed assets**_
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Tenants improvements 5 years straight line Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years
## _**Investments**_
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
## _**Stocks**_
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
## _**Creditors**_
6
## **Soham Playgroup Notes to the balance sheet for the year ended 31 August 2022**
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7
## **Soham Playgroup Notes to the balance sheet for the year ended 31 August 2022**
## _**Taxation**_
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
## _**Provisions**_
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
## _**Foreign currency translation**_
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
## _**Leased assets**_
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
## _**Pensions**_
Contributions to defined contribution plans are expensed in the period to which they relate.
## **2 Tangible fixed assets**
|**Cost**
At 1 September 2021
At 31 August 2022
**Depreciation**
At 1 September 2021|**Land and**
**buildings**
**£**
21,409
21,409
11,325|
|---|---|
8
## **Soham Playgroup Notes to the balance sheet for the year ended 31 August 2022**
|Charge for the year
At 31 August 2022
**Net book value**
At 31 August 2022
At 31 August 2021|2,521
13,846
7,563
10,084|
|---|---|
9
## **Soham Playgroup Notes to the balance sheet for the year ended 31 August 2022**
|**3**
**Debtors**
Trade debtors|**2022**
**£**
(1,248)|**2021**
**£**
-|
|---|---|---|
## **4 Other information**
Soham Playgroup is registered with the Charities Commission, the address for correspondence is:
3 Ennion Close Soham Ely Cambs CB7 5GU
10