Lincoln Hall Preschool
Chair report Oct 24-Dec 25
Toni The Manager sent out newsletters during the Autumn term 2024 encouraging parents to join the Committee and hold an AGM. Unfortunately, no parents expressed any interest, so the existing committee decided to wait for the new intake in January 2026.
Toni was lucky again to have toys donated from the charity Elba trust for our Christmas party day and Santa made another fantastic appearance with the parents joining us to watch the children do a performance of ‘where are going on a Santa hunt’ and watch the children get gifts from Santa, thank you!
Monica and the team did a great job working with the children for the performance who did amazing.
Toni and I have continued to follow our safeguarding policies and procedures. Reporting to LADO and making notifications to Ofsted of serious incidents. This has resulted in a further 2 regulatory phone calls or meetings.
There has been a lot of conflicting views between LADO, TH early years and Ofsted on what is deemed a serious incident and when to notify. Ofsted have questioned why the preschool has made many notifications around allegations, questioned practices and exploring if there are any patterns.
Toni shared her views that the preschool is a large setting who create an environment for children to speak freely and have staff that follow our policies/procedures. LADO’s view on many of these incidents is that there is no need for an Ofsted notification, and some inspectors have also agreed with their rational.
In December the preschool had an unanoused regulatory visit, they met with Toni to explore these allegations, came to see the setting and speak with staff. She was happy with the visit and had no concerns around our safeguarding practices. However, the inspectors view is that I should continue to notify regardless of LADO’s advice to cover the preschool and ensure no breaches.
Toni and I have discussed Toni joining the committee as an advisor this would allow Toni to be the Ofsted nominated person but have no voting rights in decisions. This will be discussed at the next AGM.
The preschool has continued to have children attending through the working parents funding and more children taking up the 30hrs since the age was lowered from 9 months in Sept 2025.
The preschool has notified Ofsted to extend out times of opening to 5.30pm and lower the age children can start, with the plan to take children of working parents who turn two within each term rather than waiting till the term after.
At this time there has not been any significant interest from parents to extend hours that would warrant paying at least 2 staff working extra hours.
Toni has been updating policies to meet the safeguarding changes to the EYFS around attendance, sleeping and eating. These are read and agreed by the chairperson.
Since the last AGM we have recruited more P/T staff to cover lunches. And allow staff to have more time with their key children and time to complete children’s reviews. Welcoming Rohima, Jodie and Brooke to the team.
In addition to the permanent staff, Parbin, Rujina, Kolsuma and Narges continue to be on yearly contracts. The preschool continues to want the highest quality staff, and Toni is working closely with these staff to support their professional development in the hope to give permanent positions.
The preschool used designated funds to cover brick paving in the outdoor area and instal a new climbing boat and slide area.
I met with the accountant in October for the preschools audit with Lenny (treasurer) and Toni for her advice on where our designated funds need to be.
It was agreed That funds would be used to refurb the sensory room and replace old equipment to create a better space for the children. Additionally, to continue developing the outdoor area.
To give staff pay increases above the continued rise in the national living wage and the cost of living crisis.
The committee's commitment remains to be focussed on inclusion and supporting children with SEN and their families. Additionally supporting our most vulnerable families and children for them to have the best start in life for brighter futures.
Monica continues to keep updated with the changes and is now making more referrals, funding applications and EHCP than previous years. Monica continues to support staff with developing their skills for supporting individual children and working with the children and their families.
Toni continues to work closely with Tower Hamlets early years and CSC. Toni continues to process the EL2 funding applications to speed up the process to fill places on the waiting list or referrals.
Ryan has designed and set up a website, supported staff with the introduction of Tapestry (an online parent app for sharing information and children’s progress. He has also set up facility for parents to pay snack fees through bank transfer to reduce the amount of cash.
Poplar Harca have not had contact with an update on the canopy to shelter Nigel’s corner, so we will use the designated funds.
The preschool finished the summer term 2025 with a combined settings visit with the staff, children and parents to Mudchute farm. It was a lovely day finished with a picnic and fun in the park.
We the committee would like to thank Toni and all the team at both the Linc and Sleaford settings for all their hard work.
We continue to encourage new parents to come and join in the committee, it’s not as hard or as scary as you may think.
Chairperson Kerry-Ann
LINCOLN HALL PRE SCHOOL (Registered Charity Number: 1033577)
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31%t MARCH 2025
1
LINCOLN HALL PRE SCHOOL Legal and Administrative Structure
Management Committee
Kerry Ann Baldoni Chair Lenny Emms Treasurer Natalie Emms Secretary Sahra Mire Trustee Sultana Ferdaus Trustee
Registered Address
The Line Centre 70 Fern Street Bow London E3 3PR
Bankers
Barclays Bank PLC Leicester LE87 2BB
Auditor
C Zielinski AIPFM 50 Burnside Street Carnoustie DD7 7HL
2
LINCOLN HALL PRE SCHOOL
Financial Statements
for the year ended 31% March 2025
==> picture [436 x 152] intentionally omitted <==
----- Start of picture text -----
|||||
|---|---|---|---|
|Contents|Page|
|Auditor's|Report|a|
|Statement|of Financial|Activities|1|
|Balance|Sheet|2|
|Notes|to|the Accounts|3-5|
|Supplementary|Information|(Management use)|6|
----- End of picture text -----
3
AUDITOR'SREPORT TO THI: MEMBERS OF
LINCOLN HALL PRE SCHOOL
I have audited the financial statements on pages 1 and 2 which have been prepared under the accounting policies set out on page 3 to 5.
Respective Responsibilities of Trustees and Auditors
The trustees are responsible for the preparation of financial statements. It is my responsibility to form an independent opinion, based on my audit on those statements and to report my opinion to you.
Basis of Opinion
{ conducted my audit in accordance with auditing standards issued by the Auditing Practices Board. An audit includes examination, ona test basis, of evidence relevant to the amounts and disclosures in the financial statements. It also includes an assessment of the significant estimates and judgements made by the trustees in the preparation of financial statements and of whether the accounting policies are appropriate to the charity's circumstances, consistently applied and adequately disclosed.
I planned and performed my audit so as to obtain all the information and explanations which I considered necessary in order to provide me with sufficient evidence to give reasonable assurance that the statements are free from material misstatement, whether caused by fraud or other irregularity or error. In forming my opinion, | also evaluated the overall adequacy of the presentation of information in the financial statements.
Opinion
In my opinion, the financial statements give a true and fair view of the state of the charity's affairs at 31st March 2025 and of its results for the year then ended and have been properly prepared in accordance with the Charities Act.
C Zielinski AIPFM 50 Burnside Street Carnoustie DD7 7HL
September 2025
LINCOLN HALL PRE SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31% MARCH 2025
| Incoming resources | Notes | Unrestricted | Restricted | 2025 | 2024 |
|---|---|---|---|---|---|
| Funds (£) | =‘Funds (£) | Total | Total | ||
| Funds | Funds | ||||
| (£) | (£) | ||||
| London Borough Tower | |||||
| Hamlets: | |||||
| - 2/3/4 yearolds |
454,602 | - | 454,602 | 353,509 | |
| - Additional needs |
- | ||||
| (inclusion) | 41,875 | 41,875 | 32,861 | ||
| DAF | 2,108 | - | 2,108 | 1,656 | |
| Othergrants | 16,208 | - | 16,208 | 29,291 | |
| Parent contributions | 4,418 | - | 4,418 | 4,370 | |
| Fundraising | 292 | - | 292 | 827 | |
| Bank interest | 17 | - | 17 | 16 | |
| TOTALINCOMING | |||||
| RESOURCES | 519,520 | - | 519,520 | 422,530 | |
| Resources expended | |||||
| Costofgenerating funds | 3 | 13,580 | - | 13,580 | 12,847 |
| Activities furthering charitable | - | ||||
| objects | 4 | 383,966 | 383,966 | 356,298 | |
| Support costs | 5 | 36,016 | - | 36,016 | 39,040 |
| Managementand | |||||
| administration | 6 | 14,655 | - | 14,655 | 13,847 |
| TOTALRESOURCES | - | ||||
| EXPENDED | 448,217 | 448,217 | 422,032 | ||
| Net Resources foryear | 71,303 | - | 71,303 | 498 | |
| Fund balances brought | |||||
| forward at 1* April 2024 | 339,476 | - | 339,476 | 338,978 | |
| Fund balances carried | |||||
| forwardat31%March2025 | 410,779 | - | 410,779 | 339,476 |
The notes on pages 3 to 5 form part of these financial statements.
~
LINCOLN HALL PRE SCHOOL
Balance Sheet as at 31° March 2025
==> picture [437 x 355] intentionally omitted <==
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Notes|2025|(£)|2024|(£)|
|Fixed|assets|
|Tangible|fixed|assets|\d|-|:|
|Current|assets|
|Cash|at|bank and|in hand|407,708|339,168|
|Cash|held|by EYNTH|Z|4,535|1,108|
|412.243|340,276|
|Liabilities: Amounts|falling|due|within|1|
|year|
|Creditors|7|1,464|800|
|Net|current|assets|410,779|339,476|
|Total|net|assets|410,779|339,476|
|Represented|by|funds|
|Restricted|funds|9|:|-|
|Designated|funds|10|215,000|192,000|
|Unrestricted|funds|12|195,779|147,476|
|TOTAL FUNDS|410,779|339,476|
----- End of picture text -----
The notes on pages 3 to 5 form part of these financial statements.
Approved by the Trustees and signed on their behalf by:
==> picture [322 x 100] intentionally omitted <==
----- Start of picture text -----
C. “#
[Trustee]
[Trustee]
£2: [IOIES _ Date
----- End of picture text -----
LINCOLN HALL PRE SCHOOL
Notes to the Accounts
for the Year Ended 31* March 2025
Accounting policies
01 A. Basis of Preparation
-
I. The accounts have been prepared on an accruals basis and include income and expenditures as they are earned or incurred, rather than as cash is received or paid.
-
II. The recommendations of Statement of Recommended Practice (Accounting by Charity) have been followed in the preparation of these accounts.
B. Fund-Accounting
-
The charity's unrestricted fund consists of funds, which the charity may use for its purposes at its discretion.
-
Il. The charity's restricted funds are these where the donor has imposed restrictions on the use of the funds, which are legally binding.
C. Voluntary Income
-
All voluntary income is included upon receipt.
-
II. Grants receivable is credited to income immediately upon receipt.
D. Fixed Assets and Depreciation
- I. Capital items have been charged to the Statement of Financial Activities, rather than to the balance sheet. No depreciation provision is considered necessary.
E. Taxation
- I. No provision for taxation is included in the accounts on the charity's income, as it is assumed that it qualifies for the taxation exemptions available to charities.
02. London Borough Tower Hamlets
Early Years Network Tower Hamlets administer payroll records. The statement showing the salaries has been independently audited and I have accepted assurances as to its accuracy.
LINCOLN HALL PRE SCHOOL Notes to the Accounts for the Year Ended 31% March 2025
03. Resources expended — Cost of generating funds
| 2025 (£) | 2024 (£) | ||||
|---|---|---|---|---|---|
| Contribution | — | Playgroup | salary | 13,580 | 12,847 |
04. Resources expended — Activities furthering charitable objects
| Unrestricted funds (£) | Restricted funds (£) | Total2025(£) | Total 2024 (£) | |
|---|---|---|---|---|
| Salary and NI (note 2) | 373,137 | - | 373,137 | 345,979 |
| Equipment and materials | 8,387 | - | 8,387 | 7,382 |
| Refreshments | 1,766 | - | 1,766 | 1,950 |
| Outings and parties | 676 | - | 676 | 987 |
| 383,966 | - | 383,966 | 356,298 | |
| Resources expended —Support costs | ||||
| Unrestricted funds (£) | Restricted funds (£) | Total2025(£) | Total 2024 (£) | |
| Rent, light and heat | 23,265 | - | 23,265 | 23,265 |
| Telephone | 2,518 | - | 2,518 | 2,109 |
| Stationery and postage | 65 | - | 65 | 299 |
| Insurance | 2,268 | - | 2,268 | 1,978 |
| Cleaning and toiletries | 2,559 | - | 2,559 | 3,249 |
| Repairs | 1,104 | - | 1,104 | 4,297 |
| Training | 401 | - | 401 | 804 |
| Ofsted | 85 | - | 85 | 85 |
| Travel | 7 | « | 7 | - |
| Disclosure and barring | 510 | - | $10 | 420 |
| Payroll charges | 2,750 | - | 2,750 | 2,250 |
| Website | 204 | - | 204 | - |
| Miscellaneous | 287 | - | 287 | 284 |
| 36,016 | - | 36,016 | 39,040 |
05. Resources expended — Support costs
06. Resources expended — Management and administration
Unrestricted funds (£) Restricted funds (£) Total 2025 () Total 2024 (£)
| Unrestricted | funds (£) | Restricted funds (£) | Total 20252025() | Total 2024 (£)2024 (£)(£) | |
|---|---|---|---|---|---|
| Contribution—Playleader | |||||
| salary | 13,580 | - | 13,580 | 12,847 | |
| Audit fee | 1,075 | - | 1,075 | 1,000 | |
| 14,655 | - | 14,655 | 13,847 | ||
| . | |||||
| Creditors | |||||
| Unrestricted | funds (£) | Restricted funds (£) | Total2025(£) | Total2024() | |
| Audit fee | 875 | - | 875 | 800 | |
| Other creditors | 589 | - | 589 | - | |
| 1,464 | i | 1,464 | 800 |
07. Creditors
08. Prepayments
There were no prepayments.
09. Restricted funds
There were no restricted funds.
10. Designated funds
| 2025 (£) | 2024 (£) | ||
|---|---|---|---|
| Redundancy | 80,000 | 70,000 | |
| Sickness and staffcover | 35,000 | 30,000 | |
| Equipment/environmentchanges | 20,000 | 13,000 | |
| Rent Training Maintenance |
25,000 3,000 5,000 |
25,000 2,000 5,000 |
|
| SEN | _ | 30,000 | 30,000 |
| Slideand sensory room | 15,000 | 15,000 | |
| Officetechnology andwebsite | 2,000 | 2,000 | |
| 215,000 | 192,000 |
11. Remuneration of trustees
The trustees received no remuneration in the year.
12. Reserves policy
The trustees have designated funds in case of closure (redundancy) and provisions for sickness cover and unfunded staff. After the restricted and designated funds, the charity has approximately 5 months running costs in reserve which are necessary to ensure the playgroup has adequate cash flow.
LINCOLN HALL PRE SCHOOL (Registered Charity Number: 1033577)
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31%t MARCH 2025
1
LINCOLN HALL PRE SCHOOL Legal and Administrative Structure
Management Committee
Kerry Ann Baldoni Chair Lenny Emms Treasurer Natalie Emms Secretary Sahra Mire Trustee Sultana Ferdaus Trustee
Registered Address
The Line Centre 70 Fern Street Bow London E3 3PR
Bankers
Barclays Bank PLC Leicester LE87 2BB
Auditor
C Zielinski AIPFM 50 Burnside Street Carnoustie DD7 7HL
2
LINCOLN HALL PRE SCHOOL
Financial Statements
for the year ended 31% March 2025
==> picture [436 x 152] intentionally omitted <==
----- Start of picture text -----
|||||
|---|---|---|---|
|Contents|Page|
|Auditor's|Report|a|
|Statement|of Financial|Activities|1|
|Balance|Sheet|2|
|Notes|to|the Accounts|3-5|
|Supplementary|Information|(Management use)|6|
----- End of picture text -----
3
AUDITOR'SREPORT TO THI: MEMBERS OF
LINCOLN HALL PRE SCHOOL
I have audited the financial statements on pages 1 and 2 which have been prepared under the accounting policies set out on page 3 to 5.
Respective Responsibilities of Trustees and Auditors
The trustees are responsible for the preparation of financial statements. It is my responsibility to form an independent opinion, based on my audit on those statements and to report my opinion to you.
Basis of Opinion
{ conducted my audit in accordance with auditing standards issued by the Auditing Practices Board. An audit includes examination, ona test basis, of evidence relevant to the amounts and disclosures in the financial statements. It also includes an assessment of the significant estimates and judgements made by the trustees in the preparation of financial statements and of whether the accounting policies are appropriate to the charity's circumstances, consistently applied and adequately disclosed.
I planned and performed my audit so as to obtain all the information and explanations which I considered necessary in order to provide me with sufficient evidence to give reasonable assurance that the statements are free from material misstatement, whether caused by fraud or other irregularity or error. In forming my opinion, | also evaluated the overall adequacy of the presentation of information in the financial statements.
Opinion
In my opinion, the financial statements give a true and fair view of the state of the charity's affairs at 31st March 2025 and of its results for the year then ended and have been properly prepared in accordance with the Charities Act.
C Zielinski AIPFM 50 Burnside Street Carnoustie DD7 7HL
September 2025
LINCOLN HALL PRE SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31% MARCH 2025
| Incoming resources | Notes | Unrestricted | Restricted | 2025 | 2024 |
|---|---|---|---|---|---|
| Funds (£) | =‘Funds (£) | Total | Total | ||
| Funds | Funds | ||||
| (£) | (£) | ||||
| London Borough Tower | |||||
| Hamlets: | |||||
| - 2/3/4 yearolds |
454,602 | - | 454,602 | 353,509 | |
| - Additional needs |
- | ||||
| (inclusion) | 41,875 | 41,875 | 32,861 | ||
| DAF | 2,108 | - | 2,108 | 1,656 | |
| Othergrants | 16,208 | - | 16,208 | 29,291 | |
| Parent contributions | 4,418 | - | 4,418 | 4,370 | |
| Fundraising | 292 | - | 292 | 827 | |
| Bank interest | 17 | - | 17 | 16 | |
| TOTALINCOMING | |||||
| RESOURCES | 519,520 | - | 519,520 | 422,530 | |
| Resources expended | |||||
| Costofgenerating funds | 3 | 13,580 | - | 13,580 | 12,847 |
| Activities furthering charitable | - | ||||
| objects | 4 | 383,966 | 383,966 | 356,298 | |
| Support costs | 5 | 36,016 | - | 36,016 | 39,040 |
| Managementand | |||||
| administration | 6 | 14,655 | - | 14,655 | 13,847 |
| TOTALRESOURCES | - | ||||
| EXPENDED | 448,217 | 448,217 | 422,032 | ||
| Net Resources foryear | 71,303 | - | 71,303 | 498 | |
| Fund balances brought | |||||
| forward at 1* April 2024 | 339,476 | - | 339,476 | 338,978 | |
| Fund balances carried | |||||
| forwardat31%March2025 | 410,779 | - | 410,779 | 339,476 |
The notes on pages 3 to 5 form part of these financial statements.
~
LINCOLN HALL PRE SCHOOL
Balance Sheet as at 31° March 2025
==> picture [437 x 355] intentionally omitted <==
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Notes|2025|(£)|2024|(£)|
|Fixed|assets|
|Tangible|fixed|assets|\d|-|:|
|Current|assets|
|Cash|at|bank and|in hand|407,708|339,168|
|Cash|held|by EYNTH|Z|4,535|1,108|
|412.243|340,276|
|Liabilities: Amounts|falling|due|within|1|
|year|
|Creditors|7|1,464|800|
|Net|current|assets|410,779|339,476|
|Total|net|assets|410,779|339,476|
|Represented|by|funds|
|Restricted|funds|9|:|-|
|Designated|funds|10|215,000|192,000|
|Unrestricted|funds|12|195,779|147,476|
|TOTAL FUNDS|410,779|339,476|
----- End of picture text -----
The notes on pages 3 to 5 form part of these financial statements.
Approved by the Trustees and signed on their behalf by:
==> picture [322 x 100] intentionally omitted <==
----- Start of picture text -----
C. “#
[Trustee]
[Trustee]
£2: [IOIES _ Date
----- End of picture text -----
LINCOLN HALL PRE SCHOOL
Notes to the Accounts
for the Year Ended 31* March 2025
Accounting policies
01 A. Basis of Preparation
-
I. The accounts have been prepared on an accruals basis and include income and expenditures as they are earned or incurred, rather than as cash is received or paid.
-
II. The recommendations of Statement of Recommended Practice (Accounting by Charity) have been followed in the preparation of these accounts.
B. Fund-Accounting
-
The charity's unrestricted fund consists of funds, which the charity may use for its purposes at its discretion.
-
Il. The charity's restricted funds are these where the donor has imposed restrictions on the use of the funds, which are legally binding.
C. Voluntary Income
-
All voluntary income is included upon receipt.
-
II. Grants receivable is credited to income immediately upon receipt.
D. Fixed Assets and Depreciation
- I. Capital items have been charged to the Statement of Financial Activities, rather than to the balance sheet. No depreciation provision is considered necessary.
E. Taxation
- I. No provision for taxation is included in the accounts on the charity's income, as it is assumed that it qualifies for the taxation exemptions available to charities.
02. London Borough Tower Hamlets
Early Years Network Tower Hamlets administer payroll records. The statement showing the salaries has been independently audited and I have accepted assurances as to its accuracy.
LINCOLN HALL PRE SCHOOL Notes to the Accounts for the Year Ended 31% March 2025
03. Resources expended — Cost of generating funds
| 2025 (£) | 2024 (£) | ||||
|---|---|---|---|---|---|
| Contribution | — | Playgroup | salary | 13,580 | 12,847 |
04. Resources expended — Activities furthering charitable objects
| Unrestricted funds (£) | Restricted funds (£) | Total2025(£) | Total 2024 (£) | |
|---|---|---|---|---|
| Salary and NI (note 2) | 373,137 | - | 373,137 | 345,979 |
| Equipment and materials | 8,387 | - | 8,387 | 7,382 |
| Refreshments | 1,766 | - | 1,766 | 1,950 |
| Outings and parties | 676 | - | 676 | 987 |
| 383,966 | - | 383,966 | 356,298 | |
| Resources expended —Support costs | ||||
| Unrestricted funds (£) | Restricted funds (£) | Total2025(£) | Total 2024 (£) | |
| Rent, light and heat | 23,265 | - | 23,265 | 23,265 |
| Telephone | 2,518 | - | 2,518 | 2,109 |
| Stationery and postage | 65 | - | 65 | 299 |
| Insurance | 2,268 | - | 2,268 | 1,978 |
| Cleaning and toiletries | 2,559 | - | 2,559 | 3,249 |
| Repairs | 1,104 | - | 1,104 | 4,297 |
| Training | 401 | - | 401 | 804 |
| Ofsted | 85 | - | 85 | 85 |
| Travel | 7 | « | 7 | - |
| Disclosure and barring | 510 | - | $10 | 420 |
| Payroll charges | 2,750 | - | 2,750 | 2,250 |
| Website | 204 | - | 204 | - |
| Miscellaneous | 287 | - | 287 | 284 |
| 36,016 | - | 36,016 | 39,040 |
05. Resources expended — Support costs
06. Resources expended — Management and administration
Unrestricted funds (£) Restricted funds (£) Total 2025 () Total 2024 (£)
| Unrestricted | funds (£) | Restricted funds (£) | Total 20252025() | Total 2024 (£)2024 (£)(£) | |
|---|---|---|---|---|---|
| Contribution—Playleader | |||||
| salary | 13,580 | - | 13,580 | 12,847 | |
| Audit fee | 1,075 | - | 1,075 | 1,000 | |
| 14,655 | - | 14,655 | 13,847 | ||
| . | |||||
| Creditors | |||||
| Unrestricted | funds (£) | Restricted funds (£) | Total2025(£) | Total2024() | |
| Audit fee | 875 | - | 875 | 800 | |
| Other creditors | 589 | - | 589 | - | |
| 1,464 | i | 1,464 | 800 |
07. Creditors
08. Prepayments
There were no prepayments.
09. Restricted funds
There were no restricted funds.
10. Designated funds
| 2025 (£) | 2024 (£) | ||
|---|---|---|---|
| Redundancy | 80,000 | 70,000 | |
| Sickness and staffcover | 35,000 | 30,000 | |
| Equipment/environmentchanges | 20,000 | 13,000 | |
| Rent Training Maintenance |
25,000 3,000 5,000 |
25,000 2,000 5,000 |
|
| SEN | _ | 30,000 | 30,000 |
| Slideand sensory room | 15,000 | 15,000 | |
| Officetechnology andwebsite | 2,000 | 2,000 | |
| 215,000 | 192,000 |
11. Remuneration of trustees
The trustees received no remuneration in the year.
12. Reserves policy
The trustees have designated funds in case of closure (redundancy) and provisions for sickness cover and unfunded staff. After the restricted and designated funds, the charity has approximately 5 months running costs in reserve which are necessary to ensure the playgroup has adequate cash flow.