## **LADYBIRDS PLAYGROUP**
## **CHARITY COMMISSION REGISTERED NO.1036691**
## **STATEMENT OF ACCOUNTS**
**for the year ended 31 August 2022**
**LADYBIRDS PLAYGROUP Charity Information Charity number: 1036691**
## **Trustees**
Miss Michelle Borkertas Mrs Nikki J Courtman Miss Emma Bunkall (resigned 17 December 2020)
## **Bankers**
Barclays Bank 91 - 92 High Street King's Lynn Norfolk PE30 1BL
## **Independent Examiner**
K.J. Maggs F.C.A. Hoekman Way Spalding Lincs PE11 3HE
## **Registered Office**
28 Sutton Road Walpole Cross Keys King's Lynn Norfolk PE34 4HD
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## **LADYBIRDS PLAYGROUP**
## **Annual Report**
## **for the year ended 31 August 2022**
The trustees present their report with the financial statements for the year ended 31 August 2022. The financial statements comply with the Charities Act 2011, the charity's constitution and 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
## **Structure, governance and management**
## **Governing document**
The charity is constituted by the Charity Commission and is a registered charity with the charity number 1036691. The charity was formed in 1993 and became a registered charity on 20 April 1994. The charity is governed by its constitution, which was adopted on 21 July 1993.
## **Appointment of trustees**
A prospective trustee must be formally proposed and approved by the current committee.
## **Objectives and Activities**
Ladybirds aim is to provide high quality care and education for children below statutory school age,
- a) to work in partnership with parents to help children to learn and develop,
- b) add to the life and well-being of the local community, and
- c) offer children and their parents a service that promotes equality and values diversity.
The provision for children's development and learning is guided by The Early Years Foundation Stage (DCFS 2007). From September 2008 the Early Years Foundation Stage became law. This brings together Birth to Three Matters and the Curriculum Guidance for the Foundation Stage. Our provision reflects the four key themes and 16 commitments of the Early Years Foundation Stage.
## **Governance**
Ladybirds has a parent management committee whose members are elected by the parents of the children who attend the setting. The elections take place at our Annual General meeting in October.
The Committee is responsible for;
- a) managing the setting's finances,
- b) employing and managing the staff,
- c) making sure that the setting has, and works to, polices that help it to provide a high quality service, and
- d) making sure that the setting works in partnership with the children's parents.
The Annual General meeting is open to the parents of all of the children who attend the setting. It is our shared form for looking back over the previous years activities and shaping the coming years plan. Our setting recognises parents as the first and most important educators of their children. All of the staff see themselves as partners with parents in providing care and education for their child. There are many ways in which parents take part in making the setting a welcoming and stimulating place for children and parents, such as exchanging knowledge about their children's needs activities, interests and progress, with the staff helping at sessions of the setting, sharing their own special interests with the children, helping to provide, make and look after the equipment and materials used in the children's play activities, being part of the management of the setting, taking part in events and informal discussions about the activities and curriculum provided by the setting, joining in community activities in which the setting takes part and building friendships with other parents in the setting.
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## **LADYBIRDS PLAYGROUP**
## **Annual Report (continued)**
## **for the year ended 31 August 2022**
## **Achievements and performance**
This year Ladybirds has continued to go from strength to strength and has been able to sustain the numbers of children attending the setting throughout the year and a waiting list is still necessary, even with the uncertainty and the struggles with the pandemic.
All expenditure has been well managed by staff and most areas have followed a similar spending pattern to other years. Significant increases have been seen in training, resources and equipment in recent years, which is due to the increased number of children and the need to update equipment in order to bring it into line with current standards.
As well as a current account the Charity holds a small amount in a deposit account in case of closure and the need for pay-out of redundancy.
The results for the charity for the financial year are detailed on pages 5 and 6.
## **Reserves policy**
As well as a current account the Charity holds a small amount in a deposit account in case of closure and the need for pay-out of redundancy.
## **Public Benefit**
We maintain that the aims and objectives of the charity remain of public benefit as shown within the activities and achievements and performance above. The trustees consider that the objectives and activities of the charity are in accordance with the Charity Commissions' general guidance on public benefit. The early years development of the children benefitting from the Charity's objects gives them a much valued foundation for later schooling and life in general.
Approved by the charity's trustees on **24 July 2023** and signed on their behalf by:
## **Miss Michelle Borkertas Trustee**
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## **Independent Examiner's Report to the Trustees of LADYBIRDS PLAYGROUP**
I report to the charity on my examination of the accounts of the charity for the year ended 31 August 2022, which are set out on pages 5 and 6.
## **Responsibilities and basis of Report**
As the charity trustees 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 charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the 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 charity as required by section 130 of the Act; or
2. the accounts do not accord with those records, or
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
**K.J. Maggs B.A., F.C.A. Chartered Accountant Spalding**
Date: **24 July 2023** .
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## **LADYBIRDS PLAYGROUP**
## **Statement of Financial Activity**
## **for the year ended 31 August 2022**
**----- Start of picture text -----**
2022 2021
Total Total
£ £
Incoming resources
LCC Funding 64,880 50,592
Club fees 16,248 29,596
Donations - 5,305
81,128 85,493
Fundraising 57 -
Other 3 1
Total incoming resources 81,188 85,494
Resources expended
Wages 61,271 57,259
Staff training and First Aid 384 52
Fundraising 47 -
Rent and rates 650 806
Insurance 485 436
Repairs and renewals 311 -
-
Toys, books and equipment 1,886
Uniforms 205 259
Shopping and resources 2,867 2,672
Telephone 80 60
Post and stationery 407 4,873
Subscriptions 159 248
Sundry expenses 26 78
Independent examination - 504
Payroll fees 600 -
Total resources expended 69,378 67,247
Net expenditure 11,810 18,247
Cash funds at 1 September 27,694 9,447
Cash funds at 31 August 39,504 27,694
**----- End of picture text -----**
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## **LADYBIRDS PLAYGROUP Statement of Net Assets**
## **at 31 August 2022**
**----- Start of picture text -----**
Note 2022 2021
£ £
Cash deposits
Barclays Community account 32,436 20,255
Barclays Savings account 7,068 7,064
Petty cash - 375
Monetary assets 39,504 27,694
Debtors
Prepayments 283 273
Creditors
Independent examiner's fee 2,167 1,692
Rent 440 -
Other professional fees 1,185 360
PAYE and NI 995 -
Monetary liabilities 4,787 1,692
Net monetary assets 35,000 26,275
Total net assets 34,717 26,002
**----- End of picture text -----**
## **Notes to the financial statements**
## **1 Accounting policies**
The statements of financial activities has been prepared on a receipts and payments basis which is a consistent basis to previous years.
## **2 Control**
The charity decisions are made by the trustees as a body and are detailed on page 1 of this report. No one trustee or group of trustees has a dominant control.
## **3 Related parties**
Trustees received reimbursed expenses during the year for playgroup items purchased for the nursery. Two trustees received remuneration during the year only in respect of their work as playschool teachers for the nursery and not in their capacity as Trustees.
These accounts were approved by the board on **24 July 2023** .
Mrs Nikki J Courtman **Trustee**
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