## **Chair Person Report 2019-2020** This is a summary of preschool activity for school year September 2019 - July 2020. We are unable to hold an AGM due to Covid 19 restrictions. AGM would have been held October 2020. I would like to thank the existing committee (Charlotte Crane, Victoria Fraser, Nicola Williams). I would like to thank the staff for this year’s hard work and dedication, I feel that despite the restrictions of Covid we have managed to remain open to initially vulnerable and children of keyworkers and later in the summer to groups of children in restricted bubbles. Along with a huge thank you to our parents who have helped raise some brilliant funds at our restricted fundraising events this year! Before Covid we continued with our usual fundraising and parent events for Christmas 2019. Unfortunately all other events and parent inclusion activities were suspended. We held a small school leavers ceremony on the back field at the end of July following Covid restrictions. Since returning in September we have opened our doors to full requested sessions and put procedures in place to adhere to government Covid guidelines. ## **committees members have agreed to remain on our committee for a second year.** Charlotte Crane has been voted as chairperson, Victoria Fraser as our treasurer and Nicola Williams as secretary. All committee members have a DBS check and are registered as trustees with Ofsted. We will continue to hold our committee meetings online in the hope that later in the year we can meet while still following government guidelines. Just a quick summary of what myself and the committee members do and have been involved in this year - **Helping to advertise small wonders preschool (Leaflet drops, Banners, Word of Mouth)** - **We a hold a termly online meeting (Talk over ideas)** - **Plan and promote fundraising ideas** - **Seek and provide raffle prizes** - **Volunteer at events** ## **Signed:………………………………… Charlotte Crane** **Date: 12[th] October 2020** SMALL WONDERS PRESCHOOL CASH FLOW |**FORECAST & ACTUAL**
|ACTUAL|ACTUAL|ACTUAL|ACTUAL|ACTUAL|ACTUAL|ACTUAL|ACTUAL|ACTUAL|ACTUAL|ACTUAL|ACTUAL|ACTUAL|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |~~**Income and**~~
**Expenditure Sept '19 -**
~~**Au '20**~~|September|October|November|December|January|February|March|April|May|June|July|August|YearlyTotal|| |~~**g**~~||||||||||||||| |**Opening Balance**|£ 45,752.43|£ 46,251.75|£ 47,834.36|£ 38,788.64|£ 38,270.62|£ 41,948.78|£ 33,590.93|£ 42,502.27|£ 43,910.24|£ 48,523.04|£ 49,849.18|£ 47,310.04||| |||||||||||||||| |**Breakdown of Income**||||||||||||||| |Parental Fees|£ 1,095.50|£ 1,423.14|£ 1,964.50|£ 1,243.50|£ 2,368.50|£ 576.00|£ 2,142.00|||£ 343.50|£ 413.50|£ 10.00|£ 11,580.14|| |EEF|£ 5,126.63|£ 5,126.63|£ -|£ 6,077.41|£ 6,168.69||£ 12,092.16|£ 5,840.64|£ 6,189.39|£ 5,840.64|£ 7,665.84|£ 6,388.20|£ 66,516.23|| |2 YEAR Funding|£ 1,669.50|£ 1,669.50|£ 556.50|£ 1,569.33|£ 1,171.83||£ 3,062.34|£ 1,033.50|£ 1,590.00|£ 1,033.50|£ 1,240.20|£ 1,391.25|£ 15,987.45|| |Fundraising|||£ 200.00|£ 242.90|£ 52.00|£ 362.53|£ 5.00||£ 178.00||||£ 1,040.43|| |EYPP||||||||||||||| |TrainingBursary||||||||||||||| |refund|||£ 1.84|£ 96.00||||||||||| |DAF||||||||||||||| |HMRC|||||||||£ 2,081.90|£ 832.70||£ 1,119.60||| |||||||||||||||| |**Total Income**|£ 7,891.63|£ 8,219.27|£ 2,722.84|£ 9,229.14|£ 9,761.02|£ 938.53|£ 17,301.50|£ 6,874.14|£ 10,039.29|£ 8,050.34|£ 9,319.54|£ 8,909.05|**£ 99,256.29**|| |||||||||||||||| |||||||||||||||| |
**Breakdown of**
**Expenditure**||||||||||||||| |Permanent Staf Wages|£ 5,720.83|£ 5,846.79|£ 5,470.51|£ 6,692.78|£ 5,568.37|£ 5,401.79|£ 6,289.74|£ 4,331.81|£ 4,972.51|£ 4,829.98|£ 7,559.48|£ 4,576.80|£ 84,376.60|| |Phone|£ 49.04|£ 49.08|£ 47.52|£ 50.09|£ 10.97|£ 39.23|£ 36.35|£ 38.10|£ 32.15|£ 33.11|£ 36.42|£ 30.89|£ 452.95|| |Website|£ 10.76|£ 10.76|£ 28.76|£ 10.76|£ 10.76|£ 27.60|£ 10.76|£ 10.76|£ 10.76|£ 15.08|£ 10.76|£ 10.76|£ 168.28|| |PettyCash|£ 150.00||£ 100.00||£ 100.00||||£ 100.00||£ 101.44||£ 551.44|| |MembershipSubs|£ 50.00|||£ 132.00|£ 121.20||||||£ 12.31||£ 315.51|| |Premises Expenses|||£ 4,825.00|£ 1,206.25||£ 2,412.50|£ 1,206.25|||£ 1,206.25|£ 1,206.25|£ 1,206.25|£ 13,268.75|| |Pension
||£ 135.91|£ 138.38|£ 150.86|£ 183.16|£ 267.40||£ 333.24|||£ 419.63|£ 479.58|£ 2,108.16|| |Ofce Supplies
|£ 87.27||£ 31.99|£ 84.22||£ 24.83|£ 18.85|£ 5.00||£ 8.99|||£ 261.15|| |Staf Uniform||||||||||||||| |Garden Maintinance||||||||£ 18.00|||£ 100.00|||| |Toys and Equiptment|£ 42.95|£ 321.06|£ 57.50|£ 104.63|£ 58.40|£ 245.73|£ 189.67|£ 248.20|£ 12.98|£ 306.53|£ 1,379.94|||| |AccountancyFees||||||||||||||| |FundraisingExpenses|||£ 187.07|£ 39.07||£ 71.00||||||||| |Event Expenses
(trips/entertainment)|£ 786.25|£ 30.00|£ 55.50|£ 505.00|£ 30.00|£ 25.00|£ 55.00|£ 310.80|||£ 50.00||£ 1,847.55|| |TAX & NI
|£ 258.87|£ 193.06|£ 406.33|£ 771.50||455.03|£ 525.55|£ 114.70|£ 203.78|£ 230.98|£ 982.45|£ 599.49|£ 4,741.74|| |Staf Training|£ 236.34||£ 420.00|||||||£ 25.80||||| |memberships||£ 50.00||||£ 263.80|£ 57.99|£ 55.56|£ 94.31|£ 67.98||£ 12.31||| |Parent Refund||||||£ 46.00|||||||£ 46.00|| |||||||||||||||| ||£ 7,392.31|£ 6,636.66|£ 11,768.56|£ 9,747.16|£ 6,082.86|£ 9,279.91|£ 8,390.16|£ 5,466.17|£ 5,426.49|£ 6,724.70|£ 11,858.68|£ 6,916.08|**£ 95,689.74**|| |**Total Expenditure**||||||||||||||| |**Income less**|£ 499.32|£ 1,582.61|-£ 9,045.72|-£ 518.02|£ 3,678.16|-£ 8,341.38|£ 8,911.34|£ 1,407.97|£ 4,612.80|£ 1,325.64|-£ 2,539.14|£ 1,992.97|**£ 3,566.55**|| |**Expenditure =**
**proft/loss**||||||||||||||| |||||||||||||||| ||**£46,251.75**|**£47,834.36**|**£38,788.64**|**£38,270.62**|**£41,948.78**|**£33,607.40**|**£42,502.27**|**£ 43,910.24**|**£48,523.04**|**£49,849.18**|**£47,310.04**|**£49,303.01**||| |**Closing Balance**||||||||||||||| |||||||||||||||| |**Moved to reserve to**
**cover redundancy**||||||||||||||| |||||||||||||||| |||||||||||||||| |||||||||||||||| |||||||||||||||| |||||||||||||||| |||||||||||||||| |||||||||||||||| |||||||||||||||| |||||||||||||||| |||||||||||||||| |||||||||||||||| **REGISTERED CHARITY NUMBER:1033685** ## **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 FOR SMALL WONDERS PLAYGROUP** Jain & Morris Certified Public Accountant 9 Golden Hinde Gardens Brooklands Milton Keynes MK10 7JU **SMALL WONDERS PLAYGROUP** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020** ||Page| |---|---| |Report of the Trustees|1| |Independent Examiner's Report|2| |Statement of Financial Activities|3| |Balance Sheet|4| |Notes to the Financial Statements|5 to 7| |Detailed Statement of Financial Activities|8| ## **SMALL WONDERS PLAYGROUP** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 AUGUST 2020** The trustees present their report with the financial statements of the charity for the year ended 31 August 2018. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** ## **Principal address** Crownhill Meeting Place Lennon Drive Crownhill Milton Keynes Buckinghamshire MK8 0AS ## **Trustees** Kristy Mills ## **Independent examiner** Jain & Morris Certified Public Accountant 9 Golden Hinde Gardens Brooklands Milton Keynes MK10 7JU Approved by order of the board of trustees on ............................................. and signed on its behalf by: ............................................. Trustee Page 1 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SMALL WONDERS PLAYGROUP** ## **Independent examiner's report to the trustees of Small Wonders Playgroup** I report to the charity trustees on my examination of the accounts of the Small Wonders Playgroup (the Trust) for the year ended 31 August 2020. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. Jain & Morris Certified Public Accountant 9 Golden Hinde Gardens Brooklands Milton Keynes MK10 7JU Date: 20/08/2021 Page 2 ## **SMALL WONDERS PLAYGROUP** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2020** |||**2020**|2019| |---|---|---|---| |||**Unrestricted**
|Total funds| |||**fund**|| ||Notes|**£**|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||**95,228**|123,043| |**Total**||**95,228**|123,043| |**EXPENDITURE ON**|||| |Raising funds|2|**2,687**|4,887| |Other||**87,609**|114,216| |**Total**||**90,296**|119,103| |**NET INCOME**||**4,932**|3,940| |**RECONCILIATION OF FUNDS**|||| |**Total funds brought forward**||**66,524**|62,584| |**TOTAL FUNDS CARRIED FORWARD**||**71,456**|66,524| The notes form part of these financial statements Page 3 ## **SMALL WONDERS PLAYGROUP** ## **BALANCE SHEET AT 31 AUGUST 2020** |||**2020**|2019| |---|---|---|---| |||**Unrestricted**
|Total funds| |||**fund**|| ||Notes|**£**|£| |**CURRENT ASSETS**|||| |Prepayments and accrued income||**-**|**-**| |Cash at bank||**74,632**|71,012| |||**74,632**|71,012| |**CREDITORS**|||| |Amounts falling due within one year|6|**(3,176)**|(4,488)| |**NET CURRENT ASSETS**||**71,456**|66,524| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||**71,456**|62,524| |**NET ASSETS**||**71,456**|62,524| |**FUNDS**|7||| |Unrestricted funds||**71,456**|62,524| |**TOTAL FUNDS**||**71,456**|62,524| The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by: ............................................. Trustee The notes form part of these financial statements Page 4 **SMALL WONDERS PLAYGROUP** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 5 ## **SMALL WONDERS PLAYGROUP** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2020** ## **2. RAISING FUNDS** ## **Raising donations and legacies** |Support costs
Aggregate amounts|**2020**
**£**
**2,687**
**2,687**|2019
£
4,887| |---|---|---| |||4,887| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 August 2020 nor for the year ended 31 August 2019. ## **Trustees' expenses** There were no trustees' expenses paid neither for the year ended 31 August 2020 nor for the year ended 31 August 2019. ## **4. STAFF COSTS** The average monthly number of employees during the year was as follows: |**2020**|2019| |---|---| |**8**|8| No employees received emoluments in excess of £60,000. Page 7 ## **SMALL WONDERS PLAYGROUP** ## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2020** ## **5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Trade creditors
Taxation and social security
Other creditors|**2020**
**£**
**-**
**2,696**
**480**
**3,176**|2019
£
-
4,008
480| |---|---|---| |||4,488| ## **6. MOVEMENT IN FUNDS** ||||**Net**||| |---|---|---|---|---|---| ||||**movement**||| ||**At**|**1/9/19**|**in funds**|**At 31/8/20**|| |||**£**|**£**||**£**| |**Unrestricted funds**|||||| |General fund||**66,524**|**4,932**||**71,456**| |**TOTAL FUNDS**||**62,584**|**4,932**||**71,456**| |Net movement in funds, included in the above are as follows:|||||| ||**Incoming**||**Resources**|**Movement**|| ||**resources**||**expended**|**in funds**|| |||**£**|**£**||**£**| |**Unrestricted funds**|||||| |General fund||**95,228**|**(90,296)**||**4,932**| |**TOTAL FUNDS**||**95,228**|**(90,296)**||**4,932**| ## **7. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 August 2020. Page 7 ## **SMALL WONDERS PLAYGROUP** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2020** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Parents Fee
Grants
Fund Raising (Net)
Other
Interest received
Pilot Fund
**Total incoming resources**
**EXPENDITURE**
**Other**
Wages
Pensions
Play Equipment
Event Expenses
Repairs & renewals
Uniforms
Premises Expenses
**Support costs**
**Management**
Consumables
Telephone
Postage and stationery
Advertising
Accountancy
Impairment losses for heritage assets
Membership & Subscription
**Finance**
Sundries
**Total resources expended**
**Net income**|**2020**
2019
**£**
£
**11,217**
11,558
**67,550**
86,004
**1,358**
1,568
**98**
250
**51**
51
**14,954**
23,612
**95,228**
123,043
**95,228**
123,043
**67,404**
85,529
**866**
908
**2,937**
9,392
**603**
1,934
**1,848**
1,957
**682**
514
**13,269**
13,982
**87,609**
114,216
**286**
710
**621**
1,083
**336**
1,018
**-**
1,203
**480**
480
**-**
**-**
**917**
367
**2,640**
4,861
**47**
26
**90,296**
119,103
**4,932**
3,940|2019
£
11,558
86,004
1,568
250
51
23,612| |---|---|---| |||3,940| This page does not form part of the statutory financial statements Page 8