Trustees. Annual Report for the period Period start date Day f¥1oiith 01 Period end date Day Month To -;1 08 From 2019 2,320 Section A Reference and administration details Charity name Wood Green Preschool Playgroup Other names charity is known by Registered charity number (if any) 1034747 Charity's principal address The Play Cabin Partridge Way Wood Green, London Postcode N22 8DW Names of the charity trustees who manage the charity Dates acted if not for whole ear Trustee name Office (if any) Name of person (or body) entitled toa oint trustee ifan Vendelin Denton Chair Zillah Triona-stewart Treasurer Kate Douglas Luisa Bellavita Secretary Committee member Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole ear Names and addresses of advisers (Optional information) e of adviser Name Address Name of chief executive or names of senior staff members (Optional information) Section B Structure, governance and management- Description of the charity's trusts Type of governing document Preschool Learning Alliance Constitution How the charity is constituted Registered Charity Trustee selection methods Elected by the parents. Trustees will either have children currently in the preschool or children that have attended previously. Trustees are eligible for re-election/ appointment. The committee may co-opt members with ecific skills or ex erience that will benefit the charit Section C Ob'ectives and activities Our organisation exists to provide high quality, affordable childcare and nursery education for children aged 2-5 years old in the local community. The principal activity undertaken by the Charity was the provision of childcare for children aged 2- 5, residing in the local community. The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have regard to the Charity Commission's general guidance on public benefit. Section D Achievements and performance Section D Achievements and performance Summary of the main achievements of the charity during the year The management and staff team continue to show a high level of commitment and dedication to delivering high quality childcare and nursery education for children and families in the local community. Both settings benefit from a low staff turnover, which promotes strong relationships between staff, children and families. All staff continue to access regular professional development courses and are also encouraged to further their childcare qualifications. This year was particularly challenging due to COVID19. Both settings closed in March 2020 and did not re-open until September 2020. This impacted the expected income for the year as that is usually the busiest time of the year for us. The impact was mitigated somewhat as we were able to access a small percentage of funding through the CJRS scheme and some funding for the children on roll from the Local Authority. .The charity continues to be a cornerstone in the community supporting local families in the following ways; working in partnership with CONEL and other local schools / colleges to provide placements and apprenticeship opportunities for those who are studying. providing volunteering opportunities for local people to help them gain the skills and experience they need to help them back into work. signposting new families in the area to local services including those available at the local Children Centre and providing information on local schools. Section E Financial review It is the policy of the Charity to retain a minimum of 6 months operating costs and funds to cover the contractual obligations with regard to employment of staff, to ensure the financial stability of the organisation. Brief statement of the charity's policy on reserves Details of any funds materially in deficit The organisation does not have a deficit. Section F Other optional information *." Section G Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Full name{s) Position (eg Secretary, Chair, etc) ENDDL I f4 DEWO C¥FA-I IL Date 15 A-Y 2011 WOOD GREEN PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" AUGUST 2020 MANAGEMENT COMMITTEE CHAIR ~ V. Denton TREASURER - Z. T. Stewart TRUSTEE - K. Douglas TRUSTEE L. Bellavita CHARITY NUMBER 1034747 REPORTING ACOUNTANTS ROSIELACEY 72 Clarence Road London N22 8PW CONTENTS Page l - Accountants Report 2 - Statement of Financial Activities 3 - Balance Sheet 4 - Notes 1.0 the Financial Stateinents WOOD GREEN PRE-SCHOOL PLAYGROUP INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 ' AUGUST 2020 TO THE TRUSTEES OF WOOD GREEN PRE-SCHOOL PLAYGROUP My examination WCLS carried out in accordance with the General Directions given by the Charity Commissioiiers. My examination includes a review of the accounting records kept by the Charity, and a comparison of the accouiits presented with those records, and also includes consideration of any unusiial items of disclosures In the accounts. INDEPENDENT EX.AMINER'S REPORT In connection with niy examination, no matter has come to my attention. l. Which gives me reasonable cause to believe that in any material respect the requirements: To keep accounting records in accordance with Section 41 of the Charities Act ensure accounts which accord with the accounting records and to comply with the accounting requirements of the Act have n()1 been met or 2. To which, in MJ i)pinion, attention should be drawn to enable a proper understanding of the accounts to be reached. th Dated this 20 Ma), ?021. ROSIE LACEY ACPA Registered Accountants 72 Clarence Road London. N22. 8PW. WOOD GREEN PRE-SCHOOL PLAYGROUP BALANCE SHEET 31" AUGUST 2020 2020 2019 CURRENT ASSEI'S Cash at Bank/in Hand Prepayments 439,371 321 439,692 369,897 350 370,247 CREDITORS Amounts falling due within one year 1,123 5,932 NET CURRENT ASSETS 438,569 364,315 NET ASSETS £438 569 £364,315 Financed b UNRESTRICTED FUNDS 438,569 364,315 £438,569 £364,315 th The accounts were a)proved by the board of Trustees on tlie 20 May 2021, and signed on their behalf: V. Denton. WOOD GREEN PRE-SCHOOL PLAYGROUP STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31" AUGUST 2020 2020 2019 Unrestric Restrict ted Funds Unrestricted Restricted Funds Funds Funds INCOMING RESOURCES NEG 2-34 year olds Playgroup Fees Fund Raising/Donatioiis Photographs Middlesex University-Apprenticeship Finance COVID Grants Bank Interest TOTAL INCOMING IIESOURCES 370,210 36,039 60 391,138 43,366 77 1,782 7,000 6,801 120 413,230 102 436,465 7,000 RESOURCES EXPENDED Direct Charitable ExpKrfiiditure Management/Adminis'.ration of Charity TOTAL RESOURCE'<; EXPENDED 335,767 3,209 338,976 7,000 357,375 2,894 360,269 7,000 NET tNCOMNG REi,SOURCES 74,254 76,196 FUND BALANCE - brought forward - 1/9/2019 364,315 288,119 FUND BALANCE .. c arried forward- 31/8/2020 £438,569 £364,315 WOOD GREEN PRE-SCHOOL PLAYGROUP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 ' AUGUST 2020 I. ACCOUNTNG POLICIES la. Basis of Accountin The four fundamental accounting concepts have been adopted in the preparation of these accounts. These are: (i) The going coricern concept: This means that the charity will continue in operation for the foreseeable future. (li) The accruals concept: This means that incoming resources or funds and the expenditure of resources or funds are accrued and matched with one another so far as a relationship can be established or justifiably assumed aiic. dealt with in the statement of financial activities of the period to which tliey relate. (iii) The consistency concept: This means that there is consistency of accounting treatment of the items within each accounting period and from one period to the next. (iv) The concept of prudence: This means that the incoming resources or funds are not anticipated but are recognized by inclusion in the statement of financial activities only when received in the forn] of either cash or other asset£; the ultimate cash realisation of which can be assessed with reasonable certainty: provision is Inade for all known liabilities (expenses or losses) whether the amount of these is known with certainty, or is a best estiinate in the light of the infornlation available. Ib. Taxation The charity is e>.empt from taxation under s.805 Income and Corporation Taxes Act 1988. 2. MANAGEMENTI'ADMINISTRATION OF THE CHARITY 2020 2019 AccountancJ/ Sundry Exp(;nses 800 2,409 £3,209 800 2,094 £2,894 3. CREDITORS 2020 2019 Accountanc¥' Other HMRC- PAI'E / NIC 800 323 800 1,324 3,808 £5,932 £1,123 WOOD GREEN PRE-SCHOOL PLAYGROUP NOTES TO TI4E ACCOUNTS FOR THE YEAR ENDED 31" AUGUST 2020 CONTD. 4. DIRECT CHAR.ITABLE EXPENSES 2020 2019 Unrestricted Restricted Funds Funds Unrestricted Restricted Funds Funds Salaries / Suppl), Cover Employer Penkil()n Contributions Fees Payable Rent/Rates/Insiircince Refreshments Photographs Telephone Light / Heat/Wa.er Rates Repairs/Renewals/Maintenance/Cleaning Toys / Equipm(:nt Stationery / Coiq]puter Expenses Bank Charges/I.nterest Processing PaJiri)Ll Travel Membership / AppliLation Fees Garden Expenses Training DBS Checks Less: Job Retention Scheme 267,697 620 42,328 12,201 136 331 691 1,180 6,573 6,017 1,149 342 1,875 185 85 4,750 195 342 (10,930) £335,767 7,000 271,758 412 39,717 23,339 692 2,206 917 1,056 5,836 2,170 1,231 334 1,230 185 4,150 1,770 372 È 7,000 £357,375