Charity Registered number 1035280
TOWER PLAYGROUP
REPORTS AND ACCOUNTS
PERIOD 1 SEPTEMBER 2023 TO 31 AUGUST 2024
TOWER PLAYGROUP Charity registered number: 1035280 Report and accounts Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustee's report | 2 |
| Statement of trustee's responsibilities | 3 |
| Independent examiner's report to the trustee's | 4 |
| Income and expenditure account | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 |
| Detailed Income and expenditure account | 8 |
TOWER PLAYGROUP Charity registered number: 1035280 LEGAL AND ADMINISTRATRIVE INFORMATION
Chairperson
Darcie-Rose Tasker
Registered number 1035280
Trustee's
Darcie-Rose Tasker John Tasker
Registered office
Thomas A Becket Church Westerleigh Road Pucklechurch Bristol BS16 9RB
Accountants
Smart Tax and Accounting Ltd Rutland House 23-25 Friar Lane Leicester LE1 5QQ
Bankers
Santander 2 Triton Square Regents Place London NW1 3AN
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TOWER PLAYGROUP Charity registered number: 1035280 Trustee's Report
The trustees present their report with the financial statements of the charity for the year ended 31st August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019.) The accounts have been prepared in accordance with the relevant policies and comply with, applicable law and other requirements.
OBJECTIVES OF THE CHARITY
To enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.
FINANCIAL REVIEW
Principal funding sources applicable grants, local community groups and parents.
RESERVES POLICY
We currently have adequate reserves to ensure operational costs are covered for the coming year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document is governed by a Trust Deed dated 18 October 1978 and registered with the Charity Commissioners under the charity number 1035280
TRUSTEE INDUCTION AND TRAINING
All new trustees receive a planned induction programme before taking up their place on the board. This includes an explanation of their roles and responsibilities, an introduction to other trustees, an overview of recent activities and an explanation of broad format and process.
RISK MANAGEMENT
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REVIEW OF THE FINANCIAL STATEMENTS
The trustees consider the results of the year to be satisfactory where they received donations and other income of £48361.47 during the period, the charity carried out its objectives successfully. On behalf of all trustees, we would like to thank all of our donors and volunteers who helped the Tower Playgroup to carry out the activities successfully over the period.
Approved by order of the board of trustees on 9 July 2025 and signed on its behalf by:
Darcie-Rose Tasker Chairperson
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TOWER PLAYGROUP Charity registered number: 1035280
STATEMENT OF TRUSTEES' RESPONSIBILITIES
Law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which give a true and fair view of the charity's financial activities during the year (unless the charity is entitled to prepare accounts on the alternative receipts and payments basis).
In preparing accounts giving a true and fair view, the trustees should follow best practice and: Select suitable accounting policies and then apply them consistently; Make judgements and estimates that are reasonable and prudent;
State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the accounts; Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the accounts comply with the applicable law. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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TOWER PLAYGROUP
Charity registered number: 1035280
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Tower Playgroup for the period 1 September 2023 to 31 August 2024
I report on the accounts of the charity for the year ended 31 Augut 2024, which are set out on pages 5 to 7.
Respective Responsibilities of Trustees and Examiner
As the charity trustees you consider that an audit is not required for this year. It is the charity trustees who are responsible to provide all finanacial information for the preparation of the accounts. You consider that the audit requirement of Section 144(2) of the Charities Act 2011 (The 2011 Act) does not apply, and that an independent examination is needed. It is my responsibility to examine the accounts under Section 145 of the 2011 Act and to state the basis of procedures, specified in the General Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act, whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
(1) Which gives us reasonable cause to believe that on any material respect the requirements
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To keep accounting records in accordance with Section 130 of the 2011 Act; and
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To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act, have not been met; OR
(2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mr Muqtadir Syed Smart Tax and Accounting Ltd 09 July 2025
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TOWER PLAYGROUP
Charity registered number: 1035280
INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD 1 September 2023 to 31 August 2024
| Income resources Fees Donations Bank interest Total income resources Resources expended Expenditure Materials/Equipment Salary costs Rent Mobile phone Insurance Website Other expenses Parties/Trips Total resources expended Net income (expenditure) for the period Funds balance as at 31 August 2023 Funds balance as at 31August 2024 |
2024 £ 47,595 750 16 48,361 2,247 24,443 4,380 254 678 180 972 767 33,921 14,440 20,168 34,608 |
2023 £ 39,595 700 2 40,297 1,164 23,508 4,849 252 648 164 3,412 33,997 6,300 13,868 20,168 |
|---|---|---|
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TOWER PLAYGROUP Charity registered number: 1035280 Balance Sheet As at 31 August 2024
| Current assets Debtors Cash at bank and in hand Net current assets Total assets/(liabilities) Income funds Unrestricted funds brought forward Income over expenditure surplus |
2,024 £ 34,608 34,608 34,608 34,608 20,168 14,440 34,608 34,608 |
2,023 £ 5,964 14,204 20,168 20,168 20,168 13,868 6,300 20,168 20,168 |
|---|---|---|
Darcie-Rose Tasker Chairperson
Approved by order of the board of trustees on 9 July 2025 and signed on its behalf.
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TOWER PLAYGROUP Charity registered number: 1035280 Notes to the accounts
For the period 1 September 2023 to 31 August 2024
1. ACCOUNTING POLICIES:
1.1 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 2019)', 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.
1.2 INCOMING RESOURCES
Donations, grants and offerings are raised from the general public and other charities recognised in the Statement of Financial Activities when they become receivable.
1.3 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.
1.4 RESOURCES EXPENDED
Resources expended are recognised in the period in which they are incurred.
2. TRUSTEE'S REMUNERATION AND RELATED PARTY TRANSACTIONS:
No trustee received any remuneration or expenses during the year (2023 none) There were no related party transactions in the year (2023 : £NIL)
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TOWER PLAYGROUP
Charity registered number: 1035280 Detailed income and expenditure statement For the period 1 September 2023 to 31 August 2024
| Income | Sep-23 | Oct-23 | Nov-23 | Dec-23 | Jan-24 | Feb-24 | Mar-24 | Apr-24 | May-24 | Jun-24 | Jul-24 | Aug-24 | TOTAL |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nursery Education Grant | 6,849.30 | 3,214.86 | 425.14 | 5,438.68 | 397.72 | 12,670.31 | 10,085.67 | 10,079.70 | 49,161.38 | ||||
| Parent Funded Fees | 780.00 | 196.00 | 686.00 | 294.00 | 572.25 | 640.00 | 74.50 | 18.00 | 576.00 | 3,836.75 | |||
| Donations | 250.00 | 500.00 | 750.00 | ||||||||||
| Snack Fees | 10.50 | 425.14 | 6.25 | 5.50 | 13.00 | 6.00 | 15.50 | 8.75 | 19.75 | 50.50 | 560.89 | ||
| Bank Interest | 16.45 | 16.45 | |||||||||||
| Total receipts | 7,889.80 | 621.14 | 3,907.11 | 735.59 | 5,444.18 | 1,482.97 | 13,316.31 | 15.50 | 83.25 | 10,123.42 | 626.50 | 10,079.70 | 54,325.47 |
| Expenditure | |||||||||||||
| Liability Insurance | 678.90 | 678.90 | |||||||||||
| Office Supplies | 89.99 | 479.99 | 569.98 | ||||||||||
| Playing Materials | 187.61 | 77.93 | 565.03 | 50.54 | 134.09 | 240.82 | 54.60 | 143.21 | 198.37 | 23.92 | 1,676.12 | ||
| Instant Ink | 9.99 | 9.99 | 9.99 | 9.99 | 9.99 | 9.99 | 11.99 | 11.99 | 11.99 | 11.99 | 11.99 | 11.99 | 131.88 |
| Website | 179.70 | 179.70 | |||||||||||
| Mobile Phone Costs | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.58 | 21.58 | 21.58 | 21.58 | 254.32 |
| Ofsted and Other Memberships | 120.00 | 116.85 | 50.00 | 286.85 | |||||||||
| Pension Contributions | 59.57 | 63.21 | 51.51 | 54.20 | 50.35 | 54.16 | 54.96 | 77.84 | 165.54 | 77.84 | 91.12 | 800.30 | |
| Payroll Services | 36.75 | 73.5 | 36.75 | 72.25 | 77.25 | 35.50 | 71.00 | 35.50 | 438.50 | ||||
| Parties and Trips Expenses | 622.00 | 622.00 | |||||||||||
| Snacks | 89.24 | 4.35 | 9.28 | 6.89 | 20.99 | 13.98 | 144.73 | ||||||
| Fund Raising | 115.00 | 115.00 | |||||||||||
| Rent | 504.00 | 936.00 | 546.00 | 420.00 | 840.00 | 1,134.00 | 4,380.00 | ||||||
| Salaries | 1,973.74 | 2,021.96 | 1,792.54 | 1,842.48 | 3,526.24 | 1,861.24 | 2,049.85 | 2,097.77 | 4,231.22 | 2,245.60 | 23,642.64 | ||
| Total Expenditure | 2,288.66 | 2,698.09 | 2,157.78 | 3,469.80 | 81.34 | 4,397.03 | 2,534.85 | 3,268.62 | 2,575.86 | 2,226.22 | 5,814.48 | 2,408.19 | 33,920.92 |
| Income over Expendiure | 5,601.14 | (2,076.95) | 1,749.33 | (2,734.21) | 5,362.84 | (2,914.06) | 10,781.46 | (3,253.12) | (2,492.61) | 7,897.20 | (5,187.98) | 7,671.51 | 20,404.55 |
| Opening Bank Balance | 14203.76 | 19,804.90 | 17,727.95 | 19,477.28 | 16,743.07 | 22,105.91 | 19,191.85 | 29,973.31 | 26,720.19 | 24,227.58 | 32,124.78 | 26,936.80 | 14203.76 |
| Income over expenditure | 5,601.14 | (2,076.95) | 1,749.33 | (2,734.21) | 5,362.84 | (2,914.06) | 10,781.46 | (3,253.12) | (2,492.61) | 7,897.20 | (5,187.98) | 7,671.51 | 20404.55 |
| Closing Bank Balance | 19,804.90 | 17,727.95 | 19,477.28 | 16,743.07 | 22,105.91 | 19,191.85 | 29,973.31 | 26,720.19 | 24,227.58 | 32,124.78 | 26,936.80 | 34,608.31 | 34608.31 |