## **Wilford Village Playgroup Trustees’ Annual Report 2021 – 2022** Wilford Village Playgroup The Centre – Victorian Building Main Road, Wilford Nottingham, NG11 7AL Charity No. 1038552 ## **Trustees:** Christopher Hill – Chair Ying Fang Bryning – Treasurer Olivia Theobald-Vella – Secretary Emma Potter Alexandra Leeming Sarah-Louise Hamlyn ## **Introduction** Wilford Village Playgroup is managed by two job share managers. There are two age groups based in two separate rooms. Each room has a room supervisor and 2-4 childcare practitioners. Trustees are recruited by existing trustees and via newsletters etc. ## **Chair’s report** - It has been a very challenging year for Playgroup. It began at a time when the Covid Vaccines were being rolled out and restrictions starting to lift. As an early year’s provider Playgroup was open as this financial year began and has continued to operate without closure throughout the year. This has been very challenging at times for the staff due to Covid related absences and so managers have had to cover absent staff on many occasions and often the room practitioners (the aunties) have also worked extra sessions to cover each other when needed. - This has resulted in higher staff costs as we have wanted to support staff and continue their salary while absent with Covid but also paid the other staff extra for overtime covering extra sessions. This, coupled with a low number of children attending Playgroup this year due to a low birth rate and possible caution over sending children to Playgroup due to Covid has meant that Playgroup has struggled financially this year. However, this seems to have now turned a corner as the number of children registered to attend playgroup in September 2023 is around 60% higher than September 2022 and so Playgroup should be back on track in the next financial year. - As this year has been the first year that playgroup has been open 5 full days in room 2 and 2 full days in room 1 then it seems this change was a good decision as it will bring in more income in the next financial year with the high number of children attending for more sessions. Following this, expanding the number of full days that room 1 is open may be something future committees can assess and possibly implement. - We have had a number of new staff start in the previous year. As always there is a learning curve but all are now settling in and are doing well. Everyone has strengths and weaknesses and so our review and training processes are constantly helping everyone develop. One of the staff has been training for a Level 3 Childcare qualification supported by playgroup which will be finishing soon and many other staff have attended training throughout the year. - This year Playgroup has introduced EYLog so that for the first time parents can receive photos and information about what their child has seen doing at Playgroup. This has been a great positive from a parent perspective and also given staff a better way of sharing what the children do. This has also been a very useful way for managers to communicate with parents, send out information and issue invoices. The investment that was needed has been well worth it. As a parent myself of an older child who was at playgroup without EYLog and now a younger child with EYLog I have definitely valued it. As a parent it would just be nice to get more updates… as many as possible. - This year Playgroup has also re-opened its toddler group. This runs two mornings a week and has had a high attendance since opening. This is a great link to the community and hopefully will attract more families to send their children to Playgroup when they are old enough. So all that leaves for me to do before passing to Yvonne and the managers is my thank-yous: - Firstly, to the committee members who have served this year. I simply couldn’t have done it with Yvonne, Oli and Emma. They have given a lot of their time for free to support playgroup throughout the year. Although this has calmed down now, the start of the year was very demanding due to staff leaving and recruiting new staff. Thankfully this has now settled but Oli, Yvonne, Emma and myself were crucial at the start of this year to get playgroup going for September 2022. You all know as well as I do what you’ve done and how crucial you’ve been so thank you all again for everything. - To Kirsty and Natalie, you have definitely been the core of everything, in Kirsty’s case throughout Covid. You have definitely been the bedrock of Playgroup and kept it going over the last year. Especially with how many times you’ve had to cover and still keep your own tasks progressing. Thank you both for all your hard work for playgroup. - To all the staff in playgroup and Sara at the toddler group I want to say a big thank you on behalf of myself, the parents and children for always giving the children a great experience at Playgroup despite everything that’s going on in the world. They love it here and have a great time at Playgroup. Finally thank you all for coming to the AGM, I hope those of you that haven’t been involved in the committee before would please get involved in the future as the future looks bright and future committees should have the pleasure of looking at ways to help playgroup go from strength to strength. ## **Treasurer’s Report** - Wilford Village Playgroup is a charitable organisation – we use HiCloud Accounting Ltd (based in Wilford business park) for their accounting and payroll services. They provide us access to QuickBooks which is a popular small business accounting software package. At the end of each financial year our HiCloud accountants, Richard and Thomas, complete an annual report which we then submit to Sarah Dakin, a Wilfordbased AAT regulated and licenced independent account examiner, for account examination. - Our financial year 21-22 has completed the above process and will be uploaded to the Charity Commission government website soon. It can be viewed together with reports from previous years if anyone is interested. - In summary, Playgroup has had income of c95k and expenditure c112k, hence a net loss of c16k. This is not a great figure for business but I would like to highlight a few facts that can explain the loss: - Covid related staff costs – we followed all government covid guidelines and to encourage staff to comply with self isolation rules (when positive or as a contact), the committee voted to pay full salaries when staff were required to self-isolate. The committee believes this reduced the risk of Covid for our kids and supported our staff, however caused additional costs when covering shifts were required. - We are supporting a few children who have additional needs that weren’t identified before they attended playgroup, which means we didn’t get extra government funding. This again caused a higher staff cost to ensure all children receive the support and care they need, but as a charity, we believe it is the right thing to do. - We supported our staff to take on job-related courses and training (details in Managers’ report) - We invested in new software and facilities this year, including EYLog and the tablets needed for that. This has allowed parents to see their child’s developments and communicate more easily with playgroup. - We extended Room 1 opening hours to include 2 afternoons – as a result we invested in items such as bedding & a washing machine, but these will continue to be used in the future. To sum up, I hope this addresses that although our finance figures are not great, the committee believes we made the right moves and all the costs were in the best interest of our families and employers. We hope covid will no longer affect the business moving forward now that the government has scrapped all covid-related restrictions, and we hope our investing in the staff and facilities will benefit our kids. ## **Manager’s report** Wow what a year! This year has seen some challenges, coming out of the pandemic, and living with Covid we experienced more illnesses and staff shortages. The playgroup has done fantastic in remaining open for all and providing the care and education the children needed. The playgroup has seen a big change within the staff team, who have now become an asset to the playgroup. ## **Current numbers** Room 1 – Caterpillars - 29 Children on register. |M|T AM|T AM|T PM|T PM|W|TH AM|TH PM|TH PM|F||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |11||20|20||17|18|16||17||||| |Room 2|||||||||||||| |M AM||M PM||T AM||T PM|W AM|W PM||TH AM|TH PM|F AM|F PM| |12||12||14||14|15|14||14|12|11|12| Numbers in Room 1 are higher at this time of year than in the previous couple of years. We have had 3 consecutive years now of lower numbers than normal in Room 2. This could be down to many reasons e.g. Coronavirus, low birth rate etc. ## **Staffing** Staffing is as follows – Job share Managers – Kirsty Wharton/Natalie Housley Room 1 Caterpillars - Tracey – Room Supervisor Lynne, Jessica P, Jyoti Room 2 Butterflies – Rebecca – Room Supervisor/Deputy Manager Kimberley, Jessica, Laura ## **Training completed** Lynne is continuing with the completion of the NVQ Level 3, she has passed the key skills element and is now concentrating on the assignments. The following staff have completed the below training – Natalie – DSL Training Kirsty – DSL Network Jess R – Safeguarding training Kirsty – SEN Funding Natalie – Safeguarding refresher training Lynne – introduction to EYFS Jess R – Practical use of SLC Rebecca – DSL Training Jess R – Safeguarding training Rebecca – Phonics Rebecca – New to SENCO Sara – Safeguarding training Jyoti – Introduction to EYFS Natalie – Curriculum and Curriculum intent Kim – Numeracy Rebecca – First aid Rebecca – Six impossible things Kim – Safeguarding training Jyoti – Safeguarding training Rebecca – Making interactions count Natalie – Improving team practice ## **Opening hours** This year is the first year that Room 1 have offered full days, on a Tuesday and Thursday, this has worked well, and these days have proven popular for the parents. This year is also the first year that Room 2 has been open full time, this has also been beneficial to the parents and proven a success. We are currently looking at interest to open all day on a Wednesday in Room 1. ## **Waiting lists** Places for September 22 are in the process of being confirmed. Numbers are looking ok for September so far. At a glance Room 1 are currently lower than in previous years at the moment (although we still have a couple of months to get new starters), however Room 2 are higher than previous years. Waiting lists are building up for after September. ## **Parent and Toddler group** The parent and Toddler group started back up in November 21, being run by Sara. The parent and toddler group has become a meeting point for the community with lots of families returning each week. The average number of children per week is approx. 12. ## **Developments** We successfully received a grant from the Coop to develop a sheltered area in the outdoor space. This has been delayed due to further permission needed from Carters due to Playgroup being in a conservation area. This year we have been using Eylog and Eyman software, which we have received positive feedback from the parents. We have formed a stronger link with South Wilford School and are now able to use their facilities almost weekly, such as the woodland area and farm. We are planning on meeting with the new Vicar after half term, who will take over Preschool praise. The staff team are working together to embed and write the Playgroup’s vision and curriculum. ## **Wilford Village Playgroup** **Charity No. 1038552** ## **Trustees' Report and Unaudited Accounts** **31 March 2022** **Wilford Village Playgroup Contents** ||Pages| |---|---| |Trustees' Annual Report|1| |Statement of Financial Activities|2| |Balance Sheet|3| |Statement of Cash flows|4| |Notes to the Accounts|5| |Detailed Statement of Financial Activities|6 to 7| Page 1 **Wilford Village Playgroup Trustees Annual Report** The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2022. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Charity No. 1038552** ## **Trustees** The following trustees served during the year: Y. Bryning S.L. Hamlyn C. Hill V. Jenkinson (Resigned 1 July 2021) A. McKibbin (Resigned 14 June 2021) E. Potter O. Theobald-Vella (Resigned 18 March 2022) ## **Accountants** HiCloud Accounting Limited Unit 24 Wilford Business Park Ruddington Lane Nottingham NG11 7EP ## **OBJECTIVES AND ACTIVITIES** A large charity must provide an explanation of its aims, including details of the issues it seeks to tackle and the changes or differences it seeks to make through its activities... A large charity must provide an explanation how the achievement of its aims will further its legal purposes... A large charity must provide an explanation of its strategies for achieving its stated aims and objectives... A large charity must provide an explanation of its criteria or measures it uses to assess success in the reporting period... A large charity should provide a more detailed explanation of its short-term and long-term aims and objectives... ## **ACHIEVEMENTS AND PERFORMANCE** A large charity must review its charitable activities undertaken, explaining performance achieved against objectives set ... A large charity must include an explanation when material fundraising activities are undertaken, details of the performance achieved against fundraising objectives set ... A large charity must provide an explanation when material investments are held, details of investment performance achieved against objectives set ... Page 2 Wilford Village Playgroup Truslees Annual Report A large charity must provide an explanation of any material expenditure occurred to raise income in the luture..- A large charity must provide commentary on Ihose significant positive and negative factots within and outside the charity's control which are relevant to the achievement of its objecttves ... PLANS FOR FUTURE PERIODS A large charity must provide a Summary of the chartty* plans for the future including its aims and objectives and details of any plans to achieve them . A large charity's report should explain the trustee5 pe￿pectiVe of the future direction of the charlty.-. Statement of truslees, responsibilities in relation to the financial statements The charity trustees are responsible for preparing a truslees, anllual report and financial statements in accordance with applicable law and United Kingdom Accoullting Standards (United Kingdom Generally Accepted Accounting Practice). The trijstees are responsible for keeplng Proper accounting Tecords that disclose with reasonable accuracy at any liffte the financial position of the charity and to enable them to ensure that the financi￿ statements comply with the Charities Act 2011, the applicable Charities (Account5 and Reports) Regulations, an(1 the provisions of the Trust deed. The Trustees are also responsible for safeguarding the a5set$ of the charity and hence taking reasonable sleps lor the prevention 3nd detection of fraud and other irregularities. Signed on behalf of the chativs trustees C. Hill Trustee 31 March 2022 Page 3 **Wilford Village Playgroup Statement of Financial Activities** ## **for the year ended 31 March 2022** |**Notes**
**Income and endowments**
**from:**
Other
3
**Total**
**Expenditure on:**
Other
4
**Total**
Net gains on investments
**Net expenditure**
Transfers between funds
**Net expenditure before other**
**gains/(losses)**
**Other gains and losses**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**||**Unrestricted**
**funds**|**Restricted**
**funds**|**Total funds**|**Total funds**| |---|---|---|---|---|---| |||**2022**|**2022**|**2022**|**2021**| |||**£**|**£**|**£**|**£**| ||||||| |||93,410|2,125|95,535|80,573| |||93,410|2,125|95,535|80,573| ||||||| |||111,205|759|111,964|87,759| |||111,205|759|111,964|87,759| |||-|-|-|-| |||(17,795)|1,366|(16,429)|(7,186)| |||-|-|-|-| |||(17,795)|1,366|(16,429)|(7,186)| ||||||| |||3|-|3|86| |||(17,792)|1,366|(16,426)|(7,100)| ||||||| |||62,180|1,651|63,831|70,931| |||44,388|3,017|47,405|63,831| ||||||| ||||||| ||||||| Page 4 **Wilford Village Playgroup Balance Sheet** **at 31 March 2022** |**Charity No. 1038552**
**Current assets**
Cash at bank and in hand
**Creditors:**Amount falling due within one year
6
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
7
Restricted income funds
**Unrestricted funds**
7
General funds
**Reserves**
7
**Total funds**|**2022**
**£**
47,405
47,405
-
47,405
47,405
47,405
47,405
3,017
3,017
44,388
44,388
47,405|**2021**
**£**
64,083| |---|---|---| |||64,083
(252)| |||63,831
63,831| |||63,831| |||63,831| |||1,651| |||1,651
62,180| |||62,180| |||63,831| Approved by the trustees on 31 March 2022 And signed on their behalf by: C. Hill Trustee 31 March 2022 Page 5 **Wilford Village Playgroup Notes to the Accounts** ## **for the year ended 31 March 2022** - 1 **Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. ## **Change in basis of accounting or to previous accounts** There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## **Fund accounting** - Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. - Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. - Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. ## **Income** - Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. - Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. - Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. - Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 6 **Wilford Village Playgroup Notes to the Accounts** ## **Expenditure** - Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. - Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. - Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. - Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. - Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Freehold investment property** Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. ## **Stocks** Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. ## **Trade and other debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **Cash and cash equivalents** Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. ## **Trade and other creditors** Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Page 7 **Wilford Village Playgroup Notes to the Accounts** ## **Research and development** Expenditure on research and development is written off in the year in which it is incurred. ## **Foreign currencies** Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. ## **Leased assets** Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis. ## **Pension costs** The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds. ## **Receipt of donated goods, facilities and services** All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. Page 8 **Wilford Village Playgroup Notes to the Accounts** ## 2 **Statement of Financial Activities - prior year** |2
**Statement of Financial Activities - prior year**||||| |---|---|---|---|---| |**Income and endowments from:**
Other
**Total**
**Expenditure on:**
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Other income**
4
**Other expenditure**
Employee costs
Premises costs
General administrative costs
Legal and professional costs|**Unrestricted**
**£**
93,413
-
93,413|**Unrestricted**
**funds**
**2021**
**£**
78,343
78,343
87,180
87,180
(8,837)
(8,837)
86
(8,751)
70,931
62,180
**Restricted**
**£**
-
2,125
2,125|**Restricted**
**funds**
**2021**
**£**
2,230
2,230
579
579
1,651
1,651
-
1,651
-
1,651
**Total**
**2022**
**£**
93,413
2,125
95,538|**Total funds**
**2021**
**£**
80,573| |||||80,573
87,759| |||||87,759| |||||(7,186)| |||||(7,186)
86| |||||(7,100)
70,931| |||||63,831| |||||**Total**
**2021**
**£**
78,343
2,230| |||||80,573| |||||| ||**Unrestricted**
**£**
-
92,058
10,395
7,473
1,279
111,205|**Restricted**
**£**
759
-
-
-
-
759|**Total**
**2022**
**£**
759
92,058
10,395
7,473
1,279
111,964|**Total**
**2021**
**£**
579
76,068
7,375
2,412
1,325| |||||87,759| Page 9 **Wilford Village Playgroup Notes to the Accounts** |5
**Staff costs**
Salaries and wages
Social security costs
Pension costs
Staff training
Staff welfare
No employee received emoluments in excess
6
**Creditors:**
amounts falling due within one year
Accruals
7
**Movement in funds**
**Restricted funds:**
**Restricted income funds:**
_Total_
**Unrestricted funds:**
**General funds**
**Total funds**
8
**Analysis of net assets between funds**
Net current assets|of £60,000.|**2022**
83,984
2,707
2,359
892
2,116
92,058
**2022**
**£**||**2021**
73,057
789
857
513
852| |---|---|---|---|---| |||||76,068| |||||**2021**
**£**| |||-||252| ||**At 1 April**
**2021**
1,651
1,651
62,180
63,831|-
**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
2,125
2,125
93,413
95,538
**Unrestricted**
**funds**
**£**
22,600
22,600|**Resources**
**expended**
**£**
(759)
(759)
(111,205)
(111,964)
**Restricted**
**funds**
**£**
24,805
24,805|252| |||||**At 31**
**March**
**2022**
**£**
3,017| |||||3,017| |||||44,388| |||||47,405| |||||**Total**
**£**
47,405| |||||47,405| Page 10 **Wilford Village Playgroup Notes to the Accounts** ## 9 **Reconciliation of net debt** |**Reconciliation of net debt**|||| |---|---|---|---| |Cash and cash equivalents
Net debt|**At 1 April**
**2021**
**£**|**Cash flows**
**£**|**At 31**
**March**
**2022**
**£**| ||64,083|(16,678)|47,405| ||64,083
64,083|(16,678)
(16,678)|47,405| ||||47,405| ||||| |**Commitments**
**_Operating lease commitments_**
Annual commitments under non-cancellable operating leases
**2022**
**Land and**
**buildings**
**£**
Operating leases with expiry date:
**_Pension commitments_**
The pension cost charge to the charity
amounted to:|are as follows:
**2022**
**Other**
**£**
**2022**
**£**
2,359|**2021**
**Land and**
**buildings**
**£**|**2021**
**Other**
**£**
**2021**
**£**
857| ## 10 **Commitments** Page 11 **Wilford Village Playgroup Statement of Cash flows for the year ended 31 March 2022** |**Cash flows from operating activities**
**Net expenditure per Statement of Financial Activities**
**Adjustments for:**
Dividends, interest and rents from investments
Decrease in trade and other receivables
Decrease in trade and other payables
**Net cash used in operating activities**
**Cash flows from investing activities**
Dividends, interest and rents from investments
**Net cash from investing activities**
**Net cash from financing activities**
**Net decrease in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**|**2022**
**£**
(16,426)
(95,535)
-
(252)
(112,213)
95,535
95,535
-
(16,678)
64,083
47,405|**2021**
**£**
(7,100)
(80,573)
349
(7,682)| |---|---|---| |||(95,006)
80,573| |||80,573| |||| |||-| |||| |||(14,433)| |||78,516| |||64,083| |||| |**Components of cash and cash equivalents**||| |Cash and bank balances|47,405|64,083| |||| ||47,405|64,083| Page 12 **Wilford Village Playgroup Detailed Statement of Financial Activities** ## **for the year ended 31 March 2022** |**Income and endowments from:**
Other
**Total income and endowments**
**Expenditure on:**
Other expenditure
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff training
Staff welfare
Premises costs
Rent
Premises cleaning
Premises repairs and
maintenance
Other premises costs
General administrative costs,
including depreciation and
amortisation
Equipment expensed
Equipment repairs and
maintenance
General insurances
Information and publications
Postage and couriers
Software, IT support and related
costs
Stationery and printing
Sundry expenses
Telephone, fax and broadband
Legal and professional costs|**Unrestricte**
**d funds**
**2022**
**£**
93,410
-
93,410
93,410
-
-
83,984
2,707
2,359
892
2,116
92,058
6,474
1,420
405
2,096
10,395
2,833
289
471
124
11
1,073
207
1,686
779
7,473|**Restricted**
**funds**
**2022**
**£**
-
2,125
2,125
2,125
759
759
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total funds**
**2022**
**£**
93,410
2,125
95,535
95,535
759
759
83,984
2,707
2,359
892
2,116
92,058
6,474
1,420
405
2,096
10,395
2,833
289
471
124
11
1,073
207
1,686
779
7,473|**Total funds**
**2021**
**£**
78,343
2,230| |---|---|---|---|---| |||||80,573| |||||80,573
579| |||||579| |||||73,057
789
857
513
852| |||||76,068| |||||6,072
1,232
71
-| |||||7,375| |||||-
-
463
16
5
-
73
1,437
418| |||||2,412| |||||| Page 13 ## **Wilford Village Playgroup Detailed Statement of Financial Activities** |**Wilford Village Playgroup**
**Detailed Statement of Financial Activities**||||| |---|---|---|---|---| |Accountancy and bookkeeping
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net expenditure**
**Net expenditure before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|754
525
1,279
111,205
111,205
-
(17,795)
(17,795)
3
(17,792)
62,180
44,388|-
-
-
759
759
-
1,366
1,366
-
1,366
1,651
3,017|754
525
1,279
111,964
111,964
-
(16,429)
(16,429)
3
(16,426)
63,831
47,405|594
731| |||||1,325| |||||| |||||87,759| |||||87,759
-| |||||(7,186)| |||||(7,186)
86| |||||(7,100)| |||||70,931| |||||63,831| Page 14 ## **Independent examiner’s report to the trustees of Wilford Village Playgroup** I report to the trustees on my examination of the accounts of Wilford Village Playgroup for the year ended 31 March 2022. ## **Responsibilities and basis of report** As the charity trustees of the Trust 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 Trust’s accounts carried out under section 145 of the 2011 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 Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records. 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. Signed: Name: Sarah Dakin Relevant professional qualification or membership of professional bodies (if any): AAT, regulated under licence number 1004444. Address: 17 Hannah Crescent, Wilford, Nottingham, NG11 7ER Date: 18/5/22