2020-08-31-accounts - Stratton Pre School Playgroup (Bude)

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Stratton Playgroup

New Road, Stratton, Bude, Cornwall EX23 9AP Telephone: 01288 356135 E-mail: strattonplaygroup@hotmail.co.uk Website: www.strattonplaygroup.uk Ofsted No.: 102959 Registered Charity No.: 1038250

Treasurer’s Report for Year ended 31 August 2020

June-2021

The last academic year was very challenging due to the global pandemic of COVID-19, which occurred half-way through the year; and forced us to re-evaluate our way of working.

At the year ended 31 August 2020 Stratton Playgroup had a surplus of £22,045. Although a large amount of the surplus (£17,058) was from Early Years Funding received early, in August 2020, when it should have been received in September 2020 - thus going into the wrong year’s accounts.

The total income for the year was £115,338; of which £100,440 was from Early Years Funding; and £1,458 was from fundraising, which was a fantastic amount, considering we were unable to host any events after March-20.

The total expenditure for the year was £93,293. The largest expense for the playgroup was wages which totalled £78,516.

For this year and forthcoming years, we will need to be careful with our spending; as the amount in the bank accounts is gradually decreasing and we will not have enough to cover the emergency contingency fund.

Hopefully over the course of the next few years we can get the playgroup into a good position financially and breakeven.

Signed ................................................................... Treasurer Signed ................................................................... Chairman

STRATTON PRE SCHOOL PLAYGROUP {BUDE) AccouKfs FOR'fHE YEAR ENDED 31- AUGUST 2020 CRICIi AND CC) CHARI"ERED .4CCOL,NTAhTS 8 CH.4PEL sfREET HOLSM'"ORTHI' DEVOli EX22 6AY

srRAoN PRESCHOOL PL4YGROUP LTIE Conten(% Of The Financial Statemen(s Foi thc Y¢dr End¢d 31 Au u%1 2UIII Page Income Expenditure Recon¢iliation & Examiner's Statement Assets & Trustees Siatre Acc(wnting Policies

Pagc I srRATtON PRE sCH{L PLAYGROUP BLDE srATEMEYf OF D4COME AND EXPENDITi,'RE FOR THE Tr"E4R ENDED 31 .41 GL St 2020 2020 201Y UF*REsfiucTED FUNDS C.ENERAL FUND Income Recei És rational Activities to further Chari 's Ob"ecth'es Playgroup Sessions GoveTTymcnt Funding Grants Fundraising Sundry Reccipts Grants and Donations 11.005 14,074 100,440 1,458 746 87,996 970 1,071 1,441 115,090 104.111 Investmellt Income Recei ts Bank Interest 248 175 TOTAL RECEivrs 115J38 104.286

Page 2 STIl4Th0 PRE SCHOOL PL4Tr'GROLTP BUDE ST.4TENILP4T OF INCOME AND EXPEjDITURE FOR THE. YL4R ENDED 31-AL 'USt 2020 2070 2019 GENEK4L FtrND ellditure Pavments Charitable Pa -ments Wagc5 and PA YE Stafling Costs Repairs and MaintenanLC til Building Utililics 78516 76,371 471 923 1822 Papcr and Paint Cletining Milk dnd Fo(Kl 1.047 I,n60 1.189 1,189 1,202 1,666 Repdirs and Repldcemefti of Small Toys Gifts and Christmas Party Trdiningi and Tr¢tv¢l Expensc5 Early Year5 Educaii(Trna Fundrai%ing I,Joo 539 l.Q37 i23 201 782 441 117,444 8,404 Mana ement & Administratio Telephon¢ and Broadband InsuranLL 7J4 819 798 795 Sundiy Expcnscs T Shiit5 ?J53 2.699 215 4,IIKI 4,312 Purchase of Fi¥ed Assets Equipn]cnt Purchased 1,749 1.473 TAL PAYI¥IENTS 93.293 94,lYQ

Page 3 STRAoN PRE SCHOOL PLAYGROUP BUDE srATEblEYf OF I.NCOME AND EXPENDITLRE FOR THE YL4R ENDED 31 ALGLST 2020 2020 2019 UNRESTRICTED FUNDS (CONT,) Iwkcume 115.338 104.286 Expenditure 93.293 94,190 Surplus for the Year Cash & BaDkBalances at 31" August 2019 22,045 10,096 18,S15 8,419 Cash & Bank Balances at 31" August 2020 40,560 18,515 INDEPENDENT EXAMINER'S STATEMENT I have prep(IfLd Ihc above accounts, wiihoui audir, from ihc rccords providcd by Siratton Pre SL-hool Playgroup (Bude) and in m). opini()n they are corFeLily" presented #nd in JccordaDce ihercwiih. Date D W Crick Crick and Co AccouJJtao15 S Chapel Street HolsiTorthy Devo EX22 6AY

Page 4 STIl4oN PRF. SCHOOL PL41'C.ROLIP BUDE STATEIIENT OF c0.E ND EXPE%DIThRb. FOR THE YEAR EPIDED 31, AL'GLSt 2020 20?0 21119 UNRF.STRICTED FUYDS (Co,) MONETARI ASSETS Bank 1£ nd Cash Balanccs Bank Dcposii ALcouni B<ink Cuen[ AccY)unt 39.198.92 17,950.46 1214.60 146.37 185.111 Cdsh In hand 179.88 TOTAL MONETARY ASSETS 410.559.89 18.515.44 Assets Ketained for ihe Charil "s (h*n Use PrortY Other Asset% 170044.03 170.544.03 Eqvipmenl 14J93.W 184,937.03 14,-?9_3.(M] 184.937.0.1 TOTAL ASSErs 225.496.92 20i.452.47 The notc% l()Iloiving forni P41rt of Ih¢se aLL()uns. Sigii¢d (Trn khall uf the Trusle¢s Tre(isurer: Diilc

PdgTe 5 STRAnOL% PRE SCHOOL PLIYGROUP BUDE NOTES TO THE ACCOLITS FOR THE YEAR ENDED ST 31 AL,GIST ?020 I. ACCOUNfIi%G POLICIES Basis of Accounting The accounts havc becn preparcd under ihc eels and paymcnts basis in accordan with Icgal requRremLnts un the grounds ihal gtLiSS recorded irKome (rom all source5 did noi ¢xceed £IOO,IKK) and the Chariiy is nol in¢xyrFK)rated under Thc CorntMrLiCS ALt. The dLcounts are preparcd in accorddnce wilh the Stalement ol Recotllmcnded Practic¢'. Accounting by Charities. as were applicable to smallcr charilies. 2. TANGIBLE FIXID Asswrs ui Total At I", Scpl¥mber 19 & At 31" Allgusi 20 170 i44.03 14.393.IK> 184,937.03 3. W.AGES AND SALIRIES The Trugiees do noi receive any remunerdtion nor have ihey rcttived re1mbULfflent for any ¥xpenses. There were no employees receiving emDlum¢nis alKTrve £511.(XKI during Ihe ycar.

STRATTON PRE SCHOOL PLAYGROUP {BUDE) AccouKfs FOR'fHE YEAR ENDED 31- AUGUST 2020 CRICIi AND CC) CHARI"ERED .4CCOL,NTAhTS 8 CH.4PEL sfREET HOLSM'"ORTHI' DEVOli EX22 6AY