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2024-08-31-accounts

Trustees’ Annual Report for the period

From 01/09/23 Period start date To 31/08/24 Period end date

Charity name: Soham Playgroup

Charity registration number: 1023386

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To offer places to the children of the
community in a safe and secure setting.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
We offer sessional playgroup for all
children from 2 years until 4 years.
Children can attend using their funded
hours or by paid sessions. We offer
sessions to all with regard to SEND,
EAL.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The Trustees have had regard to the
guidance issued by the Charity
Commission on public benefit.

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

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 We continue to provide a safe and
accessible setting for the local
community.
In this year we have supported a large
amount of families with additional
needs.
We have also supported families that
have fled from the Ukraine with
interpreter and housing also offering
additional support to the children.
This enabled the families to attend
support groups whilst the children were
in the setting.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 We hold a reserve of £15,000, this is
held for use for staff redundancies
and unexpected cost for the
Portacabin
Amount of reserves held Para 1.22 £15000
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Trustee incorporated as a body
Trustee selection 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
Para 1.25 Election at AGM

Additional information (optional)

You may choose to include further statements where relevant about:


Policies and procedures
adopted for the induction
and training of trustees

Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

Charity name Soham Playgroup
Other name the charity uses
Registered charity number 1032286
Charity’s principal address Soham Playgroup
Sand Street
Soham
CB7 5AA

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Louise Sarll Trustee
Helen Clark Chair
Lisa Negus Treasurer
Chris Negus Secretary
Christie Lee Trustee
Uche Okorji-Obike Trustee
Angie Clark Trustee

– 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

Trustee name Dates acted if not for whole year

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) Helen Clark Full name(s) Helen Clark

Position (eg Secretary, Chair Chair, etc)

Date

08/05/2025

Registered charity number 1032286

Soham Playgroup

Report and Accounts

31 August 2024

Soham Playgroup Registered number: 1032286 Trustees' Report

The trustees present their report and accounts for the year ended 31 August 2024.

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:

H Clark Chairperson
C Negus Secretary
L Negus Treasurer
K Fahey Resigned - 30 October 2023
C Lee
M Irvine Resigned - 30 October 2023
D Kirk Resigned - 30 October 2023
T Fretwell Resigned - 30 October 2023
A Clark
A Clements Resigned - 30 October 2023
S Miller Resigned - 30 October 2023
L Correa Resigned - 30 October 2023
L Sarll
E Holmes Resigned - 30 October 2023
J Garrod Resigned - 30 October 2023
Dr Okorji-Obike Appointed - 30 October 2023

This report was approved by the trustees on 7 November 2024 and signed by its order.

H Clark Chairperson Secretary

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

7 November 2024

2

Soham Playgroup Schedule to the profit and loss account for the year ended 31 August 2024

for the information of the trustees only

Sales
Cost of sales
Gross profit
Premises costs
Administrative expenses
Operating profit
Interest receivable
Profit for the financial year
2024
£
165,495
(140,088)
25,407
(10,714)
(3,723)
10,970
15
10,985
2023
£
132,185
(104,287)
27,898
(13,503)
(7,529)
6,866
7
6,873

3

Soham Playgroup Registered Charity number: 1032286 Balance Sheet as at 31 August 2024

Notes
Fixed assets
Tangible assets
2
Current assets
Stocks
248
Debtors
3
-
Cash at bank and in hand
61,060
61,308
Net current assets
Net assets
Trustees reserves
Trustees' funds
H Clark
Chairperson
Approved by the trustees on 7 November 2024
2024
£
11,812
61,308
73,120
73,120
73,120
248
47
50,028
50,323
L Negus
Treasurer
2023
£
11,812
50,323
62,135
62,135
62,135

4

Soham Playgroup Detailed profit and loss account for the year ended 31 August 2024

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
Pension
Staff training and welfare
Premises costs:
Rent of permanent settings
Portacabin costs
Sensory room
General administrative expenses:
Telephone and fax
Stationery, IT and postage
Toys and equipment
Fundraising costs
Subscriptions
Bank charges
Committee Costs
Gifts
Insurance
Depreciation
2024
£
130,072
32,348
1,923
-
1,002
150
-
165,495
125,500
6,414
3,758
478
140,088
9,500
1,214
-
10,714
103
1,908
144
251
358
85
150
-
724
-
3,723
154,525
2023
£
91,998
32,686
5,504
-
726
1,271
-
132,185
97,290
3,623
2,503
871
104,287
11,400
2,032
71
13,503
60
1,184
1,077
61
255
88
100
75
692
3,937
7,529
125,319

5

Soham Playgroup Notes to the balance sheet for the year ended 31 August 2024

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).

Income

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.

Tenants improvements 5 years straight line Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

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

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.

6

Soham Playgroup Notes to the balance sheet for the year ended 31 August 2024

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.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2 Tangible fixed assets

Cost
Additions
At 31 August 2024
Depreciation
At 31 August 2024
Net book value
At 31 August 2024
3
Debtors
Trade debtors
2024
£
-
Land and
buildings
£
-
29,595
17,783
11,812
2023
£
47

4 Other information

Soham Playgroup is registered with the Charities Commission, the address for correspondence is:

3 Ennion Close Soham Ely Cambs CB7 5GU

7

Registered charity number 1032286

Soham Playgroup

Report and Accounts

31 August 2024

Soham Playgroup Registered number: 1032286 Trustees' Report

The trustees present their report and accounts for the year ended 31 August 2024.

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:

H Clark Chairperson
C Negus Secretary
L Negus Treasurer
K Fahey Resigned - 30 October 2023
C Lee
M Irvine Resigned - 30 October 2023
D Kirk Resigned - 30 October 2023
T Fretwell Resigned - 30 October 2023
A Clark
A Clements Resigned - 30 October 2023
S Miller Resigned - 30 October 2023
L Correa Resigned - 30 October 2023
L Sarll
E Holmes Resigned - 30 October 2023
J Garrod Resigned - 30 October 2023
Dr Okorji-Obike Appointed - 30 October 2023

This report was approved by the trustees on 7 November 2024 and signed by its order.

H Clark Chairperson Secretary

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

7 November 2024

2

Soham Playgroup Schedule to the profit and loss account for the year ended 31 August 2024

for the information of the trustees only

Sales
Cost of sales
Gross profit
Premises costs
Administrative expenses
Operating profit
Interest receivable
Profit for the financial year
2024
£
165,495
(140,088)
25,407
(10,714)
(3,723)
10,970
15
10,985
2023
£
132,185
(104,287)
27,898
(13,503)
(7,529)
6,866
7
6,873

3

Soham Playgroup Registered Charity number: 1032286 Balance Sheet as at 31 August 2024

Notes
Fixed assets
Tangible assets
2
Current assets
Stocks
248
Debtors
3
-
Cash at bank and in hand
61,060
61,308
Net current assets
Net assets
Trustees reserves
Trustees' funds
H Clark
Chairperson
Approved by the trustees on 7 November 2024
2024
£
11,812
61,308
73,120
73,120
73,120
248
47
50,028
50,323
L Negus
Treasurer
2023
£
11,812
50,323
62,135
62,135
62,135

4

Soham Playgroup Detailed profit and loss account for the year ended 31 August 2024

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
Pension
Staff training and welfare
Premises costs:
Rent of permanent settings
Portacabin costs
Sensory room
General administrative expenses:
Telephone and fax
Stationery, IT and postage
Toys and equipment
Fundraising costs
Subscriptions
Bank charges
Committee Costs
Gifts
Insurance
Depreciation
2024
£
130,072
32,348
1,923
-
1,002
150
-
165,495
125,500
6,414
3,758
478
140,088
9,500
1,214
-
10,714
103
1,908
144
251
358
85
150
-
724
-
3,723
154,525
2023
£
91,998
32,686
5,504
-
726
1,271
-
132,185
97,290
3,623
2,503
871
104,287
11,400
2,032
71
13,503
60
1,184
1,077
61
255
88
100
75
692
3,937
7,529
125,319

5

Soham Playgroup Notes to the balance sheet for the year ended 31 August 2024

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).

Income

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.

Tenants improvements 5 years straight line Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

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

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.

6

Soham Playgroup Notes to the balance sheet for the year ended 31 August 2024

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.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2 Tangible fixed assets

Cost
Additions
At 31 August 2024
Depreciation
At 31 August 2024
Net book value
At 31 August 2024
3
Debtors
Trade debtors
2024
£
-
Land and
buildings
£
-
29,595
17,783
11,812
2023
£
47

4 Other information

Soham Playgroup is registered with the Charities Commission, the address for correspondence is:

3 Ennion Close Soham Ely Cambs CB7 5GU

7