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2022-05-31-accounts

awityrw81TrtiOD nWDb¢r, 1037833 Youth Centre Playgroup (Lymington) forthe Ye4rBnded 31 May 2022 W¢8tlake Clark ChartU￿A￿0￿lltants 7 LYllW￿ Covrt Priesilauds FI￿Ce Hampshir¢ S0419GA

Yonth Centre Playgroup (Lymington) known as Pen]thi￿on Vluage Pre-school Contents Tru8t¢ts' Rep(kt 2to3 ladeptLdentEx8t)]iti¢rfs B40rt Ststement ofFitsw￿l￿ A¢tiTrities B8kn¢6 8ht¥t Nottsto thé Fln•ncial Ststethents 8t013

Youth Centre Plg>youp (Lymlngtou) known ￿ PenDlngton Vlll2g¢ Pre4chool Referenc¢ aDd Admini8trAdve DetaSJs Tntstses ,lts M Strid¢ .Ms S Wi]wn Ms K DEII Halljpshirv S0418KX Ch4rlty R¢￿tratIO0 1037833 7 Lynwo(MJ Court PriesthdsPl*e S041 gGA

Youth Centre Playgronp (Lymillgton) known 48 Peonfngton Vlllage Pre-sebool Trn8tees' Report The t￿tee$ proltst the report to8thrwith the fjnanciAI at¢meDts of the charity for the y¢ar wded 31 M&y 2022. Obl¢¢dv4s afjd ktlvSti Obi¢ds ¢YndaiMs Th¢ clMTLtAble obj¢¢t of the charitv ts to ffjbance the d¢velopDW 2tEd th¢atian of stthtory xbool Publlc ben¢fd The twtee8 confimi that they hLYe Complied the TffjUtrern¢nts of sectton 17 of th¢ Charities Act 2011 to kaye due re88rd to th£ pub]ic Fnefit 8uiéan¢e pDbli8bCdb￿ the th&ity"CorAMissir￿L forF• alld WalD Strlleéurey ¥OYtrnNnu ￿￿} .V4tswe 0fgovertt￿gd0t¥rn￿ Th¢ cb4rity is 8ovemed by its ¢onstE￿Oll edopteA on 16 March I￿￿d is ar¢gis(ernJ charity. tumber 1037833. FlnaR¢Wknstruments ThE chw's activities ¢Apos¢ itty a numlKrof fmancial Ii8Ls Ill¢1￿1￿8 erojit iisi caÈb Ilow DBk and liquidity Ii8k The ulc of fingLcial derivatives is 8ovaDed by th¢ charity's ￿lie1¢S approved by the boaTd of ttuste¢s, which provlde written principlu ott tho vse" of fina￿18] d¢rivaiives to nJatU8C tbese Ti8k8. The eknity d¢)cs noi use derivative fmancial iostruments for sp¢¢uI&tiY¢ pwP>￿. Cathjlow p - The ehATyty's activities expose it prI￿Or11Y to the fllMIci81 risks of cbaugw Ir£ for¢ign ctrn¢y ex¢bange tats5 OJ iat¢re81 Tates. The ¢harity uses fO￿l8n exeh8oge forwatd Contra￿ and inteEest rxle sw4p contsts to hedge these expo8iite8. ttttsre$tbe4rin8 88s¢ts and liabi]itie4 are held 41 fixqd rntoeDgUTcc4rf8illtyof ￿1b flows. Th¢ th&7ry'8 PTincipo1 fmaA-iA] &%%ets areballkb￿attet8 2ndeÈ8b, tr8d¢ 4lldotsi￿¢Ivablt&. and inve8tmetits. The ch8rity's LTEdit risk SB prillwily ottnbut8ble to its trad¢ TKeivables. Tb¢ atllounts presented in tbe baknce sh¢et or¢ u¢t of ullowanc¢5 for doubt￿1 t¢¢eivable& .4n alloNace for itupainllellt is thtEe ts an Identified ¢v¢ntwhi¢h, on preYiov$ ¢xpen•)cc. i5 esryder&¢E of ft reduEtTOn th¢ttGov¢rnbility of th¢ Lth fLowB. The credit risk i)n liquid futtdq olld deli￿ti}e fi0￿cial itistnllnrots 18 limÉr•J because the couJterporti&% are baDk8 wlth high &Ydit.rAlitigs 8S8Tgned by illternaiional GTedit.rating ag¢naes. The ch¥ity has no Si8Dificartt co)w￿tiOtt of Credit TISL with expo￿ spread over a 18fEQ numkr or Page 2

yO￿th Centre Playgrollp (Ly]llington) knoyrn as Pennkngton VJllAV PrhS¢hool Trnst￿, Report Th¢ onuual I 23J.3]25. approvedbyth¢tswts< ofthe charity on.- . attdsiglledorkits beh8Jfby: Truite¢

Youth Centre Playgroup (Lymkngton) known as PenlllDgtoJJ Vlllage Pr&S¢hool Statejnent olTrnstees' Responsiblllrf fht tru8tCe3 ur¢ &rspouJibl¢ for prepBrlD8 the re[￿ aThl the fittall¢iaJ 5tatemcuts ID ￿¢01th¥¢ tht Uoited KFDgdom A￿unti￿tr S(alld￿ (i}0￿ Kiogdom (la￿[allY Arlepted A¢eouJting Pra¢ticel attd applic4bt¢ law 8nd r¢sulatiok?&. The applicable to ehtyitieg rnwites the In￿leas to prepr fllwicial 6tst¢owth for fuM#ciai yeaT wbi¢ give & tsue alld f&it vicw of the stRt¢ of affaiJ¥ of Elwity aDd of the inco]lliOS re50urce6 alld appliration of resourtt6 of tbe choyty for tb•t perio(L tn pre￿Ill¥ th¢se fJnEnGial 8tat¢wEnt4 th¢ Tntstets arer4uirg1 to.. select witable acco]mtillgpolici¥ aDd the￿ applyth¢mcoDWteDdyJ ' obsmr themeth(th alldpriktipies inthe Ch8rAti¢8 SORP. m8ke jl￿8e￿1b￿ts #nd tttiwte4 thatar¢ re4SOllBbl¢ and prudent $tate whether apph"¢ablc accountin8 ¥tarAdards h&v¢ b¢eD folltrw&£ to trly Thateritil dép•tum dthckns d wlaitked in th financial stst6]nents" and will wntinut In busillem. 1&e tsustres ar¢ rwtble for keepiDg accounkng ￿c0[& th&t disclose rtasollable 8CCThBy at any time thr fiDan¢ial position of tbe clwity 2nd enabio thern to ensure tbat the finaoctal statern¢nts ￿mplY wltb tbe .Charities Aet 2011. the ￿p11¢￿Ie Charitivs (AccouJJts Rlld Reports) Re8ylatioo4 ard the provisioThi of th¢ Istitittion. Th¢ trts5tees are a]so respo￿￿le fi)r safeguarditig the wets of the ￿lty and hwe fw reasonable sty fr*r thepTevelltiorL atsd d¢te¢tioa offraud othtt irytlatiti&g. 2_316J2_5 . Approved b thethgiee8 ofthe charity OD.. .. .. Aud5igd onits Ixhalfby. TrLk8tee PLge 4

Youth CextrtPknygrn¥p (Lywl4ton) Indep¢JdoHtExamWs Rq￿tty the lruteu èf Youth C¢ntse Pknygroup (Lymlu8luD) whitlt afQ5rtOBtrth r•sts 13. tiw 145 oFthe2011 Arf jod Jjut w ex8)JrthD I dl tht 8irn bythe LJ¥lt¥C4)DTri￿￿i(& * ¥¢￿ 145Q5Kb)oftbch( L30rftsAe¢ OT (Act4ullts aDd R4>0tt5) R¢8uldti￿ 2(th othr Illy that & rLwnl• 7LyThoc4Courf PriestlDn&sPJ LyznlnBIo 419GA Pa¥E5

Youth CentrePlaygroup (Lymbkgton) known ag PeDnkngton Vlllage Pr&School Statement of Financial Activilles for the Y￿r Ended 31 May 2022 b'nrtstrlcw 2022 r¥•te 2021 come ndRndrnents from: Cb8ritablt a¢tiviti¢g tttvegtment income Other ineojne 164.818 164,818 156,462 164.819 164.819 EXp¢dI￿re on.. Clwitablc actiiryties Oth¢T ¢xp¢uditure Totsl expeoditurt Net￿0Ve￿ellt Infi￿a$ Re¢on¢llSAtion offunds Totsl funds brouglLt forward Totsl fimds wricd forTr7rd 156,553 (151,607) {1,032) (151639) 11180 (151.607) 1,4)32 (140,113) 96Q) (141.073) 152,639 12,180 15.480 58.COI 58.001 42,521 AU of the ch&itV'8 a¢ttvits¢s derive from ￿lit￿l￿gOpernI1oI1S dwi08 the a￿ve tvffjwiod& The bre*kdm for 2￿1 is shoFn inrojte I l.

Youth Celltre Playgroup (Lymlngtoll) kTroJvn as PennlD8ton Vlllage Pr¢-S¢hool (R¢gtstration Dumber: 1037833) Balance Sheet J8 It 31 May 2022 2022 2021 N•ts Cllrrent aO8ers Cash atbattk and in hand 71213 58961 Cr¢dltor8: Amounts f811SnK dts¢ wlthlN yur io (1,032 {96D} r¥et agsets ULdJ tsl the ¢hirhr. UDres¢rl¢tsdlDcome fllads Uure¥trkctsd fllads 70.181 58,(K)I T•tsl lun¢ts Thr st&t¢ments on pases 6 to 13 were approved by th¢ and autbori3¥ryJ for on .. and al￿d on their behHlf by.. Tr￿stre

Youth Centre Pknvgroup (Lymkngton) known ￿ Pennington V1114ge Prtssehool Not￿ to th¢ Fin2n¢ial State]llents for the Ye4r Ended 31 May 2022 l Aeeoulltin8 po]Id Ststemellt ofcompllallce The fLancial statemellu h&ve be¢n prepted in aC&)rd￿¢t with AccouDtiDg itsd Rwting by Charkies.. Ststemettt of Re¢omn¢nd¢d Practice app]i￿le to ch￿1￿￿ PTPWDD8 their accoullts io aecordance with tbe FinoDciaI Reporting Standard applielblr ill thc LTK and RepLEblie of Ireland (FRS 102) (effe£tiY¢ l J3ougry 2019) - (Charities SORP IFRS 1021), the Financial R¢pottiti¥ Stalldtrd wiicabl¢ thc Ll, Q Republic of Irelalld (FRS 102) alld tho Charitigs Act 2011. Ba818 of prepiratton Youtb Centr¢ Pkywup (LyiDiD8ton) ￿eets the definiti(v of a p￿11¢ brllrfft entity under FRS I02. Assets and liqbihtl&s are initially recO￿ls￿d at histyric￿ CQBt or trAnWlion V￿lle uttiels otherwise 8tatL iJ2 the r¢lev4nt Ac¢ouniin£ policy not¢& E¥¢mptlon from pyeparlng # cash flow •ttwnent Th¢ cbttity (Fttd to ¢Atly adopt Buuetin I publisb¢d on 2 Febtwy 2016 aml have t1￿C£or¢ A￿t yn¢lutsl a c49b flow statejnent xti the8e fiD8ncial &tJJcll Goin¥ eonce The t￿￿ con8ideT that theEe ate.no n)atutat Uncert￿¢5 th¢ dwTity¥ abijity to ¢otttinue 8 going EXpendIt￿e All expenditure b recogtii5Ed oa¢¢ there is & l¢gal or constn￿liVe obligtitioD to that expenditsre, it 19 PtobBble .' AettI¢meDt is rewired and the amoutst be measuTed RIi8bly. All costs are ajlooied tt> the applic&ble cxpcoJltstyo heading that aggr¢E2te 8imÉlar wsts to that cate80ry. Where costs CaDnOt be ditwdy attributyl to panioJlarhuO they have iKen allocated OL a basis CO]kSi5tent the of r¢50Utw ¢enlrnl Stsff c(>8ts allo¢ated an tbe ba818 of tirne spenl d￿￿Ciation ¢hargeg all1￿￿trd on porti¢Jn of thc as8¢t's us& Oth¢r SUPPLm Costs ue All￿atrd based OD the spread of stsff ¢0sfs. ChaThable adrfltA Charitsble expendtthre comprises thoge wxts in¢urTrd by (h¢ Charity IB the detlvery of Its ACtiviti¢5 alld servi￿ for its b¢nefici4rte8. It ifjcludes both qOSL8 th8t C4D be glKoL4 diyctty b) 8uch activiti¢s th¢)se eo&ts of an iudirect Support eojts Support costs inclilde c¢lltrai fijnrfions and have irtn AiioL*kd to activity co8tcat¢gorteA on abasiS C4TrllSiStentwith thts use of r¢wUr￿. forexample, a]loc&tiDgpryerty ￿)Sts by flcM)rareL8. or perCapI￿ staff cost8 by rb¢ sp¢llt alld other costs by their usag

Youth Centre Playgroup (Lymlngton) known as Ptnnington VlllAg¢ Prhschool Notes to the Trlllandal Statements for theytar Ended 31 May 20Z2 The chNtity li constdernd to pass th¢ tests srt iti P￿T￿Ph l ￿11￿￿1¢ 6 of th¢ Finance A¢t 2010 pnd th¢r¢fvre it meets the defJ]Jltton of a cb8Zitqble for UKcorpoNioJ tax pwpow. A¢£ordingly. the ¢th4rity t8 POteDti8llv exentyt from tjtsion in resPt of inGoztt= or capitsi gaitis recerved 74ithin r4tegori&% wveted by Chaptrr 3 Part 11 f the Co4Jor8tiort Tax ALX 2010 or Section 256 of the T&xwioL of Chargeabk GoÉ]LS Act 1992, to tb¢ ¢xkni tL8t Bu¢h In￿rne OT 88XllG are app]i¢d &x¢bJsiYely to ¢bBritsbk Fxupose& C8th and eMh equlvglents Csh 8T￿ ca8& eqLTivalertts comprise cash on lJ¥lld alld cau dep)sity and other 8hort.tsrnJ biBhly ]iquld inv¢¥tin tbat gr¢Eeadlly wnverthit tts akurn amou￿ ofrath atsd 8te Nbject to attm8i8rrificaot risk of ¢bgUBe iDY￿U¢. FuLd UrLr¢stricted illcom¢ fimds 8¢￿[al thit4Tr availabb foruseat the trusth's disctedou ill fjllthet?r￿¢ of th¢ objtcltves of the ¢bty. 2 from charltxblt aedvltk TotAI 2022 Totsl 2021 Fees friTrm parent￿￿¢r6 (hats .Fulldin8 Vouchers fronLparellts 19.793 19,793 971 143,754 300 9.794 3.128 140,929 22rJ 338 143,754 J lllvesttDeot IDrom¢ Unrutrf¢ted (und8 Totsj 2022 TotAI 2011 Interestr￿%1Vth1C and similarincomv. Intett8t tec¢ivable OXL bonk dwi¢5 Px8¢ 9

Youth Centr¢ Play8roup (Lymlng¢on) known as Pennlngton Vlll28¢ PTrSchool Notu to the Finallci41 Ststements for theyear Ended 31 May 2022 4 Other Ineom¢ Totsl 2022 Total 2021 Oth¢r Pa80 10

Youth CeDtro PlayEroup (Lymlngton) IEnown M Penlllngton Vjllage PrtrS¢hool to the Flnandal Ststements for the Year Ended 31 May 2022 5 Expendilure on chrttble Adivith IDtsI 2021 Ttstal 2021 GeM¢r•l 100.285 16,364 3,729 100285 16J64 3.729 646 2.619 4,134 23.831 103.345 17,415 6,831 190 2,235 6.123 3,974 PreYtti8e8 tosts Equ2pmeni o£ricE G05ts Otherpoyroents 2.619 4,134 23,830 6 Othtrt4pe4dlturt UBrestrlced T•tl 2022 TotAI 21121 AIiwat¢d Support 1,032 1.032 960 7 Tntateel remallerlton Ind ew No Érn<rees, noratty peMns eollrLectedwith t[￿￿, have received any rnUDer&tion ftomthe ¢1￿￿tV dulyngtheyear. No tru6te48have rK¢iveAI anyK¢&mb4wsed Orany beL¢fits frorn charity"thJriD8 th¢ y¢Dr, 8 staff ¢oJts The a88regat¢ p&ymll costs were ￿ follow8: 21122 2021 St*ff colts durtn% th¢ y¢Ar wer•: W&ges and salaries No ¢mploy•è Y¢¢eived emohlllletsts o£uwftth4u £60,oc￿ dwitig th¢ year Pa8eii

Youth CeDtre Playgrollp (LymlDgton} knojvn gs Pennlngtoj) Vfillage Prtrschool Not&8 to the Financial Statements for the Year Ended 31 May 2022 Tho tharity 18 Ir¢8tst￿ cl)ATity is theretore exempt fm tax4ti0 10 Creditors: ￿￿O￿lts fallthg dve •D•year 2022 2021 11 Fund• BAknn¢t It I •t 31 M•y 2022 res0￿r Expended Upr¢strkl¢d Balanee It I Jutte 21120 Ineomthg ourtos Balance At31 May2021 ewnded Unre5trlcted funth O¢oer 12 of net assets belwt¢n fuads nd8 CenerA] Totsl fvDd¥ 2022 71213 (1.032) 71213 (1,032) Current liabilities Totslll¢t assots Page 12

Youth Celltre Playgroup (Lymlugton) known as Pennkngton Vlllw Pre4chool Notss to tbe Flnaodal StstemeDts for the Year Ended 31 May 2022 Ullrtrtrtcted fllnd$ Totglfonds 2021 Current&8sEts CurseDt liabllities 58,961 58.961 96Q Totsi tset ass¢ts 13 An*tysts of net fun Al l Jwie 2021 FIDgndDK h flows At 31 May 2022 CUEL 4tb&ok alld ID har 58,961 12,252 71213 etd¢b¢ Pa8e 13