Bare Methodist Playgroup Ua Bare Necessities Pre-school Playgroup, Morecambe Trustees, Report and Accounts 31ST AUGUST 2024 Registered Charity Number 1040512 WATERS & ATKINSON Chartered Accountants The Old Court House Clark Street Morecambe Lanc8shire LA4 SHR
Bare Methodist Playgroup tla Bare Necessities Pre-school Playgroup, Morecambe FINANCIAL STATEMENTS YEAR ENDED 31ST AUGUST 2024 CONTENTS PAGE Trustees. Annual Report 3tol0 Independent Examineffs Report Receipts and Payments Account 12 Statement of Assets and Liabilities 13
CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From September 2023 To August 2024 Charity name: Bare Necessities preschool Playgroup Charity registration number: 1040512 Objectives and Activities SORP reference Para 1.17 Summary of the purposes of the charity as set out in its governing document The aims of the pre-school are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by: (al Offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability. (bl Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local area. (cl Instigating and adhering to and furthering the aims and objects of the Pre-school Learnin Alliance. We offer term-time only sessional care Monday to Friday, during the following hours: Monday - 8.30-3.30 Tuesday -12.00-4.00 Wednesday- 8.30-3.30 Thursday- 8.30-3.30 Friday - 9.00-1.00 We provide playg education and care for up to 30 children per session within the local area. Children can access up to 29 hours per week. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 and
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.18 The trustees have regard to the Charity Commission's guidance on public benefit Additional information (optional) You ma choose to include further statements where relevant about.. SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Our committee members are volunteers and have positions such as Chair, Vice Chair, Treasurer and Secretary. Other parents also volunteer at events. Para 1.38 Contribution made by volunteers Other Achievements and Performance SORP relence This year, our setting received a 'Good' rating from Ofsted following their visit on 13th September 2023. This is a testament to our dedication and hard work as a team. We proudly launched our beach school for preschoolers, offering enriching learning experiences by the seaside. Our curriculum has been enhanced with several exciting initiatives. We continued our bus project, sparking lively conversations among our children with visits to local places. Weekly sessions with Yoga Buddies, visits from the Reading Fairy, and focused phonics and maths lessons have enriched our learning environment. The visit from Edan Bear also allowed us to cover engaging topics about our local area. In January, we welcomed many new children from a local reschool that Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20
unfortunately had to close. This has helped us forge stronger links with families in our community, creating a welcoming and supportive environment for newcomers. Additional information (optlonal) You ma choose to include further statements where relevant about.. This report summarises the successful year we have had, building on each area to ensure continual growth and development for our early learners. Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives Para 1.41 Other
Financial Review Review of the charity's financial position at the end of the eriod Statement explaining the policy for holding reserves stating why they are held Para 1.21 The Total revenue was £111,627 and total expense was £92,125 giving a gain of £19,502. We always keep 20,000 plus in reserve and do not intend to reduce this. We ensure we can pay our redundancy in the event we need to close. Bank Balance as at the 31$t August 2023 was £47,929.37 Not applicable Para 1.22 Amount of reserves held Para 1.22 Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1.22 Para 1.24 Not applicable Para 1.23 Not applicable Additional information (optional You ma choose to include further statements where relevant about: The charity's principal source of funds are privately paid fees and funding from Lancashire County council which provided most the income for the year, along with small amounts of fundraising. The charity's principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 One of the maln challenges we faced was accommodating the influx of new children in January. However, through strategic planning we were able to integrate them successfully and maintained our staff levels. Thls being said government funding rates and the minimum wage were not inline which if continues will be a risk for the charit A description of the principal risks facing the charity Para 1,48 Other
Structure, Governance and Management Description of charity's trusts: Type of governing document Para 1.25 constitution How is the charity constituted? Para 1.25 Unincorporated association orated Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 The committee members are elected at our AGM for a one-year temi. Unless a member of the committee has served for ten consecutive years they can be re- elected. If the committee decided, it necessary it can co-opt up to three further members after the AGM. Addltlonal Information (optional) You ma choose to include further statements where relevant about.. Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative details Charit name Other name the charit uses istered charit number Charity's principal address
Names of the charity trustees who manage the charity Dates acted if not for whole ear Trustee name Office lif any) Name of person lor body} entitled toa oint trustee ifan Susanna Foy Rebecca Davis Hutchinson Chair Vice Chair Holly Tiesteel Susan Bryan Veronica Hawkard Leanne Allan Secretary Treasurer Nominated individual with OFSTED 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - narnes of the directors at the date the re Director name ortwasa roved Name of trustees holding title to property belonging to the charity Trustee name Dates acted if not for whole ear
Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Addltlonal informatlon (optlonal) Names and addresses of advisers (Optional information) Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information) Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other o tional information
Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature{s) Full name(s) Position (eg Secretary, Chair, etc) Foy . L iPtP4NJ E ALLPfv IoMLn(Ltoq a(0 Date 01 io
Bare Methodist Playgroup tla Bare Necessities Pre-school Playgroup, Morecambe Independent Examiner's Report to the Trustees of Bare Necessitires Pre-school Playgroup I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 August 2024 which are set out on pages 12 to 13. Responsibilties and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the ACVI. I report in respect of my examination of the charity's accounts C8rried 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: accounting records were not kept in respect of the charity as required by section 130 of the Act., or the accounts do not 8ccord with those records. I have no to which the acco cerns and have come across no other matters in connection with the examination tion should be drawn in this report in order to enable a proper understanding of to be reached. nt DSJ issons, FCA Waters & Atkinson Chartered Accountants rhe Old Court House Clark Street Morecambe Lancashire LA4 SHR Date .
Bare Methodist Playgroup Ua Bare Necessities Pre-school Playgroup, Morecambe Receipts and Payments Account for the year ended 31 August 2024 Unrestricted activities 2023124 2022123 Income Lancashire County Council Private Fees Milk Clairn Fund raising Clothing 96,721 12,996 158 1,752 43,135 8,552 179 37 Total Incoming Resources 111627 Expenditure Salaries Payroll Taxes Pension Extra-curricular Ofsted + LCC Staff training Rent Telephone Premises Books and equipment Consumables Insurance Payroll processing costs Miscellaneous Professional fees - accountancy Professional fees Uniform 64,836 2,337 3,814 2,310 295 993 8,850 1,159 56,221 744 2,613 781 2,145 7,375 1,452 1,996 4,650 1,500 757 504 403 -330 183 174 3,834 1,265 679 522 436 438 183 176 Total Expenditure 92 125 Net movement in funds 19.502 -29.265 12
Bare Methodist Playgroup Ua Bare Necessities Pre-school Playgroup, Morecambe Statement of Assets and Liabilities as at 31 August 2024 Unrestricted funds 2023124 2022123 Current assets Bank Total 28.427 28,427 47,929 Net Assets 47,929 28,427 Reserves Statement of movement in funds Balance Balance as at Income for Expenditure as at 31 1 Sep 2023 the year for the year Aug 2024 Unreslricted reserves 28,427 111,627 92,125 47,929 Registered Charity Number: 1040512 These accounts were approved by the members of the committee and authorised for issue on the and are signed on their behalf by.. Susanna Foy Trustee