Charty registratiM nuwnber.. 1033570 Trentham Playgroup knw as TnIhaM Pre-S(aKKJI Annual Repori and Finandal St8tefflents for the Year Endgj 31 Juty 2021
Trentham Playgroup known as Trentham Pre-school Contents Reference and Administrative Detals Trustees, Rèport 2103 Independent Examinerfs R8rK)rt Stalement of Financial Actiwtses Ba1ce Sheet Notes lo the Financial Statemtrnts 71017
Trentham Playgroup known as Trentham Pre-school Reference and Admlnistratlvè Detalls Trustè•s Mark Ingram. Chair Vanessa Griffin Stethanie Hill Jod Kna[)er Lu¢y Bloor Laura Kett18 Senior Management I L•ad•rship Tèam Lucy Gavin. Manager Vanessa AlcocJ(. Assistani Manager Lauren Sadler. Assistant Manager Rachel Mccue, Manager Prln¢lpal Offl¢e 40 New Inn Lane Trenlham Stok&(TrTrent Staffordshire ST4 8EX Charlty Registratlon Number 1033570 Indèpèndènt Examlner Da Densm ACMA VAST The O[Fds Centre Hop8 Slr8et Stoke-on•Trent ST1 5DD Page 1
Trentham Playgroup known as Trentham preChool Trustees. Report The trustees present Ihe annual rewxi logether th the finan[al staletnents of the charity for the year ended 31 July 2021. Trustees and tyffi¢¢rs The Iruslees and officers wving durin9 Ihe yeai and wnce the year end were as lollows: TruslEe5= Mark Ingram. chr. Chair Vanessa Griffin (appointed 7 March 2022) Stetthanie Hill lappoinled 7 March 20221 Jod Knapper lappoinled 1 September 2021) Lucy Bloor (apnted 1 Sèplember 2021 } Laura Keitle (apFM)Niled I Seplpmber 20211 Senior Management l Leadershlp Lucy G8n {reslgned 25 February 20221 Team: Vanessa ¢(k {resigne¢J 30 December 20211 Lauren Sadler14pwMnled 28 F¢Vary 2022) Rachel Mccue lapwnled 1 20221 Oblectlves and acllvltSes Objects and aims To enhanre Ihe development and ¢du¢otion of child under statulory sGhoDI age, by enCouragg parents to understand and prov¥de for the needs of their childr8n throu9h community groups and to ensure that all children are given an orwiunity to achieve their full potential. in a safe and secure environment. whilst ensurlng that we remaln a¢ce5sIAe to al 5ethns of the local communiLy. Objectives. strategies and activities We provide affordable childcare for our kncal wnmunity. We aLso have a high pentage of funded children, in parucular 2 yEar funded. We elso prOe a statrAe, safe envirDnmenl for vulnerable, underprivilege¢J Children, where all ¢hddren are given oppNlunitses to learn and flourish. We cover the 7 areas of leami through play. Public benefrt Our pre-schod is open lo all in thjr I81 ¢ommunty bslween the ages of 2 and 5 years old. We advertise locally and work wilh the local authority lo ensure thal WÈ a inchjsivè. We work wilhin the framework of the EaEly Years Foundation Stage IEYFSI and we believe thal all children deSee the best Ix15sIiAe stwt in1Sfe. Th8 Trust8es confimi that th8y havè comJAiÈd the requementS of sedion 4 01 the Charities Act 2011 to have due regard lo the public benefit gUm13n wtAi5hed by the Gharity Commission for England and W¢$. A¢hlèvemènts and perform8n¢e Followng on from the COVID Pandem thankfuly the pre-school altendance has almost retumed lo pro-February 2020 levels an(5 has only increased éuring the couTse of the year. This has also meant th81 st8ffing levels h8Q lo increase to accommodate the extra children bul vknere possible this was done by increasing thè number of hours existing staff were working. This has rNeani that we can keep a walch on spending withoul hav to rewil extra stsfl. potentially leaving us al risk of peying out mor& than was coming in. The differen in lh$ inc(xne and eynditure in this pOrt speaks for Stsew. Page 2
Trentham Playgroup known as Trentham Pre-school Trustees. Report Flnanclal revlew The results for the year are set out in the Stalement of Finan(ial Activilies. Poliry on reserves Unrestricted free reserves at the year end We £56.785 12020= £33.4001. The charity continues lo hold a modest amounl ol reserves, to cover wages cosls, in the event of a dUcIl0n in income. and mainlenan¢e ol the building for which we are responsible. Principal funding sourc•s Our plincipal funding sources are "Ntjrsery Education Funding" which is funded by Sloke-on-Trenl City Council. lees from parents who are able lo afford a contribution towards Iheir child's earty learning education provision and employer childcare voucher schemes. Structure, govemaneè and management Nature olgoverning docufflenl The Charity is operated under the rules of its constiiution adopted on 16 June 1993 and amended in November 2012 and November 2015. ReGwitment and appointment of trustees Trustees are appointed al OUT Annual Geneial Meeting each year and are voted on by paren15 who have children altendino the pre-school. Major risks and management of Ihose tlsks Occupancy Levels Our main issue which we face are the number of children vtho reach the ststuatory age lor starting a primary school education, which we lose from our register and this drdStiGally affects occupany levels during the first term of ihe sch¢)ol year. particually in September. We advertise locally and complete markebng exwcises such 85 leaflet drops vAthin Ihe SuoUnd1n9 area. We also hold reserves lo take into account Ihe covering of expenses when our income rates are lowered, particularly during the autumn tem). The annual report was approvèrl by Ihe truslees of the tharity on behalf by= 'and signed on its ngram Tiustee Page 3
Trentham Playgroup known as Trentham Pre4chool Independent Examinevs Report to the trustees of Trentham Playgroup I report to the tru8tees on my examinalion of the 8ccwnts of Trenlham Pk4yyTOUP for Ihe year endèd 31 July 2021. R&spon$lbilities and basis of rèport As the charity trustees of Trentham Playgrwp you are responsi1e for the preparation of the 8ecounts in accordance Ihe requirements of the Charities Act 2011 ('the Acl,). I report in respect of my examination of the Trentham Playgroup's accounls Carried cwt under section 145 of the 2011 Act and in carrwng out my examinalion I have followed all the applicable Directions given by the ChaTlty Commission under section 14515)Ib) of the Act. Indèpendgllt examlner's stat•m•nt I have comrAeted my examination. I confim) that no material rnaltets have come lo my alt8n11 in connection the examin81ion giwng me cause to bdieve that in any materiaj respeci.. 1. accounting records were nol kepl in respect of Trentham Playgroup a5 required by sedion 130 of the Acl.. or 2. Ihe accounls do not accorf wtih those records: or 3. the accounts do not comply wth the accounting qurnents cccem1n9 the forffl and conlenl of accounts set out in the Charities IALxounls and Rep(wtsl RegulalicS 2008 olher than any requirement that the accwnls give a 'tru8 8nd fair whith is not a maller considèrèé as part of an independent examinalron. I have no concems and have c(xne across no oiher matters in connection wth the examination to which attention should be ¢Jrawn in this reF4NI in order lo enatAe a proper und8rstanding of the arGounls lo be rea(*ed. Daw Oenson ACMA VAST The Dudson Cerrtre Hope Streel Stoke•on-Trenl ST150D Dats.. 2710512022 Page 4
Trèntham Playgroup known as Trenlham Pre-school ststement of Flnanclal Activities for the Year Ended 31 July 2021 Unve5tricled funds Restricted funds Total 2021 Note Income and Endowments Irom: Donations and legacies Charitable activities Investment income 73.7Q4 21.065 73,704 21.065 Tot81 Income 94.771 94.771 Expendlture on-. Charilable activities 71.386 71,386 Total Expenditure 1,386 71.386 Nel movernenl in funds 23,385 23.385 Reconclllatlon of funds Totsl fund5 brought forward Total funds carried forward 33,400 174.189 207.589 16 56,785 Unrestricted Fund5 174,189 R•strlcted funds 230,974 Total 2020 Note Income and Endowments Irom: Donalions and legacies Charitable activittes Other trading aclivilies Inveslment income 92.589 13.531 182 2.251 94.840 13.531 182 35 Totol Inwme 106.337 2.251 108.588 Expendilure on: Charilable activities 110.(64 110.064 Tota Expenditure 110, 110.064 Nel movement in funds (3.7271 2,251 11.4761 Reconclllatlon of funds Totel funds brought forward Totsl funds carried forward 37,127 171.938 209.065 16 33.400 174,189 207.589 All of the charity's activities derive IT continuing operatK)ns during the 8tM)ve two periods. The not&s t)n pagès 7 10 17 fom) an integral part of thes8 fmancial statements. Page 5
Trentham Playgroup known as Trentham Pre-school (Registralion number: 1033570) Balance Sheet as at 31 July 2021 2021 2020 Note Fixed assèts Tangible assets 12 171.664 171,664 Current assets Deblors Cash al bank and in hand 13 4.481 55,931 60.412 4,300 37,616 41,916 Credltors: Amounts falling due within one year Net ¢urfynt assets 14 1,102 5,991 59.310 35.925 Net assets 230,974 207,589 Funds of the charity: Restricted 5ncome lunds Restricted fun¢Js 174,189 174.189 Unrestricted Income funds Unrestncled funds 56,785 33.400 Total fund$ 16 230.974 207,589 The financial statements on pages 5 to 17 were approved by ihe tnjslees. and auth0ri5ed for issue on and signed on Iheir behalf by. Mark Ingram Trustee Page 6
Trentham Playgroup known as Trentham Prechool Notes to the Financlal Statements for the Yoar Ended 31 July 2021 1 Accounting policigs Stat•m•nt of compllanc• The financial slatemenls have been prepared in aCrdance with Act(nting and Rewrting by Charilie5- Statement of Recommended Practice aWICab to charities preparing their acc(AJnts in accord8rTrce with th6 Fin8nci81 Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191- Icharities SORP {FRS 10211, the Financial Repc¥ting Standard appb'cable li the UK and Rewllic of Iidand {FRS 102) and the ChaTilies Act 2011. Basis of preparation Trenlham Playgroup meets the definitroD of a puUiG benBfft entity under FRS 102. The accounts (financial statements) have been prepared under the histICal cost ctsnventK)n with items recogni5ed al cost w transaction valve Lsnless otherwise staled in the relevant notels} to these accounls. Going concern The financial slalements have been prepared on a cern basi5. The ITUStees asses3 whether the use of gc4ng concern is appropriate i.e. vthether there are any material uncertainties related to events or conditions Ihat may cast signifiGanl doubt on the ability of the charity lo continue as a going concern. The tnjslees make Ihi% assessment in respecl ol a period of one yeai from the date of 8tVOV81 of Ihe finan(i81 statements. Incom• and •ndawm•nts Voluntary incomè InC1ng donati$, gifts, legacies and grants thal provide core fundiny or are of a general nature is recognised when the charity has entillemenl lo the income, it is probable that the inGom¢ will be received and the amount can be measured *ith suffiaenl reliability. Don4tlons legacies Donations and legacies are recognised on a receivable ba$ vthen receipt is probable and the amount can be reliably measured. Grants rnceivable Grants are recognised the Gharity has an entitlemenl io the funds and any conditions linked to Ihe grants have been met. Where perfomance conditiMs are attached to the grant and are yet to be mel, the income is recognised as a a1X11tY and induded on the balance sheet as defeffed income to be released. Expenditur¢ All expenditure Is recognised once there is a kgal or constructive ligatiOn to Ihal expenditure. il is probable settlement is required and the amwnt can be measured liallY. All ¢osts are 8llocaled to the appliCae expen¢Jilure heading thal aggregate simqar costs to that category. Where costs cantK)t be directly attributed to partiCUr headings thèy have bÈÉn allocated on a basi5 consistent wilh Ihe use of re5cHJrces, with central staff costs allcKaled E)n the basi5 of time spent, and depreciation charges allocaled on the portion of the asset's use. Other support Gosts are alloc8led based on ihe spread of staff costs. Page 7
Trentham Playgroup known as Trentham Pre-school Notes to the Financlal Statements for the Year Ended 31 July 2021 Charitable acllvltlés Charitable expenditure comprises those costs Irurred by the tharity in the delivery of ils activities and servi¢es lor ils beneficiaries. It indudes bolh costs that can be aNocated directly lo such aclivilies and those costs of an indirÈcl nature necessary to supprMI them. Governance costs These include the costs attributabk lo the ch8ritys COmLance wilh wnslilutional and statutory require[nlS. induding audit. slralegic managèment and Irustees's m&8ling$ and reimbursed expenses. Government grants Govemmenl grants are reco9nised b8sed on the ac(al model are measured at the f8ir v81ue of the asset received or receivable. Grants are classified as relating either lo revenue or to assets. Grants relating to revenuè are recognised in in(x)me over the period in lch thè ielaled costs are recognised. Grants relating lo assets are recognised over the expected useful life of the asset. Where part of a grant relating io an asset is deferred, il is r8cognised as deferred income. Taxatlon The charity is considered to Pass the tests set J1 in Paragraph 1 Schedule 6 of the Finance Act 2010 8nd therefore il meets the éefinitirm of a charilatle company for UK corpwation lax purposes. AGGDrdingty. Ihg charity is potentially èxempt from laxation in respect of income or capital galns received v1h1n categoriès eovered by Chapter 3 Part 11 of the Corporation Tax Act 2010 w Section 256 of ihe Taxation of ChargealAe Gains Acl 1992, to exteni that such incgme or gains are apie exclusivety to charitable purposes. Tanglble fixed ass•ts Individual fixed assets Costing £500 or me are initialTy recorded al cost. les5 any subsequenl accumulated deweciation and subsequent acoJmLtsled impaim)eni k)sses. Depreclatlon and ¥m¢)rtisation Depreciation is proviLled on tangible fNed assels so as to wrile off the Gosl LY valuation, less any estimated residual value. over their expected Ltseful ec¢)miC fife as follows.. Asset cla55 Dopreciation method and rat¢ O%- the residual value is not materially different from the carryng ¥ue of Ihe asset 20% - on a straight line basis Buildings Fixtures. Fittings and Equipm9llt Trade debtors Trade debtNS 8rÈ amounts due from cJJsloMe lor Tnerchandise sold or servlces perfomied in the ordinary courso of business. Trade debtors are recognised ini118Uy at the transaclion price. They ar& subseqLJently measured al amortised cost using the effectsve Interest method. l&ss provisit)n for impaFrment. A prov78bon for the Impaimienl of trade debtors is est8blishÈd when there is otyective evldence that the charity will not be able to collect all amcmjnts du8 according to the wiginal tern)s of the rec8Nables. Paga 8
Trentham Playgroup known as Trentham Pre4chool Notes to the Flnancial Ststements for thè Year Ended 31 July 2021 Cash and cash equivalents Cash and cash equivalenls comprise cash on hand and ¢all deposits. and other slM)rt-term highly liquid investments that are readily convertible to a knL)vm amounl of c35h and are subject lo an insignificant iisk of change in value. Financial instruments ClosslfiG7tion Financi81 assets and financial liabilities are recognised ¥then Ihe tharity becomes a pgrty to the contractU81 provisitN)$ of ihe instrumenl. Financial liabilities and equity instrumenls are dassifd according to the subslance of the contraclual arrangemenls entered into. An equity instrument is any contract that evidences 8 residual interesl in the assets o( the charity after delivcllg all of its liabli ilies. ReGognition and mèasurement All fancial assels ar liabilities ore inib"81ty measured at transaction price (including transaction costs). ex¢ept for those financial asseis dassifEd as at fair ¥ae through profil or knss, which are initially measured at f8ir value IwhKh is nomialty the transaction price exdudlng transaction cosls), unless Ihe arrangement constitutes a finarKing transaction. If an arrangement consb"tules a financing trans8dion, the financial asset or financial lia7y.lity measured al Ihe presenl value of the fijture payments dlscgunled at a market rate of in1$[ for a similar debl instrumenL FinancAal assets and liabilitles are only offset in the stslement of financial posttTron when. and only hen there exisls a legalty enforceable right io set off the reccNJnised amounts and the charity intends either to selde ¢Jn a net basis. or lo realise the asset and setue the lia1litY simullaneously. Finanaal assèts are derecognised when and only then al the twtractual rights lo the $h flows from ihe finanual asset expire or are settkd. bl the ¢harity Iransfers to 8nolher party subslantially 811 of the risks and rewards of own8rship of Ihe financial as5el. or cl charity. despite having retained sotne. but not all, significanl risks and rewards of 0)erShIp. has transferred control of the asset lo another party. Financial liabilities are derecognlsed only vthen the obligation Specif li thè eontracl is discharged. cancelled or expires. Fund structure UnreslrKted income funds are general funds thal are available f¢x use al th8 trustÈÈs's discretion in furtheranGe of Ihe objectives of the charity. Restricted income funds arè those donated for use in 8 partlar area w for specific purp)ses. the vse of which is restricted to that are8 or wrpM)se. Penslons and other post retirem•nt obllgatlons The charity operates a défined contribulmjn pension stheme whth is a pension plan under whh fixed contributions are paid into a penon lund and thè tharily has Th) legal w ¢onslruclNe obligation to pay further contributions 8ven rf the fund does not hokl sufftient assèts to pay employees the benefils relating lo employee seNce in the wrrenl and prior rxIS. Contrtbutions to d&fineé contribution plans arè recc3nised in the Statement of Financial Activities when they are due. If contributh)n payments excee(I the contritIon due for service. the exces5 15 recogni5ed as a prepanenL Page 9
Trentham Playgroup known as Trentham Pre-school Notes to the Flnanclal Statements for the Year Ended 31 July 2021 Redundancy and Tèmiinatlon Costs Redundancy and termination cosls ate rewgni5ed as an 8xp8nse in the finanual siatements immedialely al the point the charily is demonstrably commilled lo either lerminale the emtloyment by Ihe charity before the normal rekn"remenl date, or theneveT the employèe accepts volunlary redundancy in exchange lor IhèsÈ benefits. The (*tarity reccMJnises temination benefits in the Slaiement of financid activities i•then 11 is deMonslraY comrnltted io either li} terwninating the 8mployTrent of current employees according lo a d6taled fcrfmal plan without poSSlI1ty of withdrawal, or lill prowding lerminalion benefrts as a resutt of an offei made lo encourage voluntary redundancy. 2 Income trom donations and legacies Unrestrtcted lunds Gèneral Total 2D21 Donations and legacies., Donations from individuals Granls. including catmtal grants- Govemment grants Grants from companies 593 593 72.611 soo 72.611 500 73.704 73,704 Unrestricted funds General Restricted fvnds Totol 202D Grants. including tsKxt81 granls- Govemrnent grants Grants from other rharibes Grants fr(n companies 92.089 92.089 2.251 5LKI 2.251 92,589 2.251 94.840 3 Incom¢ from charftable acllvltl•s Unrestrlcted funds General Total 2021 Fees received 21,C65 21,065 Unrestricted funds G•neral Total 2020 Fees rgceived 13,531 13,531 Page 10
Trentham Playgroup known as Trentham PreChool Notes to the Flnanclal Statements for the Year Ended 31 July 2021 4 Incom• from other tradlng activilies Total 2021 Unieslri¢tod funds General Total 2020 Fundraising 182 182 182 182 S Inve5trnent incs)me Unrestricted fund5 Genèral Total 2021 Interest receivable and simiL4r income- Inlerest receivable on bank deposiis Unrestrl¢ted fund General Total 2020 Interest receivable and simiL3r income- Inlerest Teceivable on bank derMts 35 35 35 35 Page 11
Trentham Playgroup known as Trentham Pre-school Notes to tho Flnancial Statements for the Year Ended 31 July 2021 6 ExpendStur• on ¢haritable a¢thilties UnTestrict•d funds General Total 2021 Staff costs Play equipment & res¢xJrces Purchase of unifomis Training Cleaning. repairs & maintenace Rates RÈlrèshmenls Utilitiès Office expenses Subscriptions. legal & wofessional lees Insurance Sundriès 55,749 1.286 106 325 4,736 320 343 3,388 209 2.845 1,611 468 55,749 1.286 106 325 4.736 320 343 3,388 209 2.845 1,611 468 71,386 71.386 Unrestricted funds General Total 2020 Staff costs Play equipment & reswrces Cleaning, repairs & mainlenace R8te$ Relreshmenls 97,593 2,246 2.107 823 165 3.925 47 1.669 1.465 24 97.593 2,246 2.107 823 165 3.925 47 1,669 1,465 24 Office expensBs Subscriptions. legal & professional fees Insuran¢e Sundries 110,064 110,064 Page 12
Trentham Playgroup known as Trentham Pre-school Notes to the Financlal Statements for the Year Ended 31 July 2021 Included in the expenditure above. there are govemance costs or £780 12020: £750). See note 7 for further detail5. 7 Analysls of govoman¢• and support costs Governance costs Unrestrlcted funds Gon¢ral Total 2021 Independent examiner fees Examination of thè fm8ncial slatemenls 780 780 780 780 Unrestricted fvnds G¢neral Total 2020 Ind8p8nd8nt examiner fees Exarnlnats"on of the financial statements 750 750 750 750 Page 13
Trentham Playgroup known as Trentham PreChoOl Notes to the Flnanclal Statements for the Year Ended 31 July 2021 8 Govprnment grants The charity receives unrestn"Gled funding in the form ol grants froln the Nursery Edu¢atifjn Fund of £72,611 12020.. £84.2531 which is funded by Sloke-on-Trent City Coun(il as part Df their Free Nursery Education Funding scheme. whth promdes childcare for t. throe and four year c4(J children within the city. Dvring the year ended 31 Juty 2021 the charity received nil12020.'£2.8361 from the govemmenvs Job Relenlion Scheme and ni112020".£5,o) from Stoke-on-TTenl City Counal. Thé arnounl of grants recognised in the fin¢181 Sialements was £72,611 12020- £92.08SI. There are no unfulfilled condltions al the year End reL3tiDg to this granL 9 Trustees remun•ratlon and expenses No truslees have received any remuneiation fr¢yn the charily during the year. No truslees have received any reimbursed expenses or any other be[Its frrxn the charity during the year. 10 Staff costs The aggregate pa1 costs were as follows: 2021 2020 Staff costs durlng tho ar were: Wages and salaries Pensi¢ cosls 54.433 1,316 95,720 1.873 55,749 97,593 The monthly aveTa9e number of pwsons {dUdIng senior management I leadership team) employed by the charity durtng the year expressed as full time equlvants was as follows.. 2021 2020 Average number of persons employed 3 (2020- 6} of the above 8mplt)y8es parbcipaled in the Defined Contribution Pension Schernes. Contributlons to the empknyee pension schemes for the year lotalled £1.31612020- £1.873). During the year. Ihe charity made redundancy 8fKVor lemination payments which lotaued £Nil 12020 - £12,086). No employee receiverj emoluments of more Ihan £60,(NJ) during the year The total employee benefits of the k m8n8gement personnd of the charity were £34.641 12020 - £36,380). Page 14
Trentham Playgroup known as Trentharn Pre-school Notes to the Financial Statements for the Year Ended 31 July 2021 11 Taxatlon The charity Is a registered charity and is therefore exempt from laxation. 12 Tanglblg fixed assets Land and bulldings Fuinitur• and equipmenl Total At 1 August 2020 171,664 3.386 175,050 At 31 July 2021 Depreciation At l August 2020 Al 31 July 2021 Nei book value 171.664 3.386 175,050 3.386 3,386 3,386 3.386 At 31 July 2021 171.664 171,664 At 31 Juty 2020 171.664 171.664 13 Debtors 2021 2020 Prepayments OthEr debtors 220 4,261 4,481 4,300 4.300 14 Credito. amounts falllng due within one year 2021 2020 Other taxalion and social security Other creditors Acuuals 331 {9) 780 4,144 497 1,350 1.102 5,991 15 P•nslon and othèr schemes Def5ned contributlon penslon scheme The charity operates a dèfinèd ¢tribution pension stheme. The pensn cost d)8rge for Ihe year repsentS coniritsjtions payab by the charity to th8 scheme and amounted lo £1,316 12D20 £1.8731. Page 15
Trentham Playgroup known as Trentham PraChoOl Notes to the Flnanclal Statements for the Year Ended 31 July 2021 16 Funds Balance at 1 August 2020 InGoming resources ResouTc•s •xp•ndèd Balance at 31 July 2021 Unrestricted funds Gener41 Genefal Fund 33.400 95,019 (71.6341 56.78S Restrlcted fund$ Capital Fund c0p Locd Community Fund Totsl restricted funds 171.664 2.525 171.664 2.525 174.189 174,189 Total funds 207,589 95.D19 71.634 230,974 Balance at 1 August 2019 In¢omlng resourcès Resources expended Balance •t 31 July 2020 Unrestrlcted funds General General Fun(1 37.127 1fK,337 (110.[4) 33,400 Restrlcted Capit81 Fund Co-op Lwl Community Fund 171.664 274 171.664 2.525 2.251 Total re$trl¢ted funds 171.938 2.251 174.189 Total funds 209,065 110.064 207.589 The spedfic purposes for whth lh8 funds are to be apF4ied are as follows: Capital Fund The capital fund hd5 the value of the chaiivs Ixopwty. Cowop Local Community Fund To help funé the purchase 8rKI installation of an w)tefactwe whtteboard and fixtures. This was unable to be completed in thè yèar duè to COVID reslrictions. Page 16
Trentham Playgroup known as Trentham Pre-school Notes to the Flnanclal Statements for the Year Ended 31 July 2021 17 Analysis of net assets betw¢¢n funds Unrestricted funds General Total funds at 31 July 2021 flestrlcted funds Tangible fixed assets Current assets Current liatrflilies 171.664 2.525 171,664 60,412 1.102 57.887 1,102 Total net assets 56,785 174.189 230,974 Unrestricted funds Gen¢ral Total funds at 31 July 2020 Restricted fvnds Tangible fixed assets Current assets Current liatM"lities 171.664 2.525 171.664 41.916 5,991 39,391 15.9911 Total net assets 33,400 174,189 207.589 18 Related party transactions During the year the charity made the following reLaled party trS8¢bS. L Gavln IDaughter ol irustee K Gamnl L Gavin 15 employed as the manager of the tharTty vrilh the d7aritls siandard terms of employmenL Her tol81 remuneration for the year finclLKlin9 pension contributions) was £17.36112020..£20,2661. At the balanGe sheet dale the amounl due lolfrom L Gawn wa5 £Nil12020- £Nill. Pag? 17