2021-08-31-accounts

Registered Charity Number 1042276

Mudeford Wood Playgroup

Report and Accounts

For The Year Ended

31 August 2021

Mudeford Wood Playgroup Report and accounts Contents

	Page
Trustees' Report	1
Independent Examiner's report	2
Income and Expenditure account	3
Statement of assets & liabilities	4
Notes to the accounts	5

Mudeford Wood Playgroup Trustees' Report for the year ended 31 August 2021

2020-2021 was a year that contained many challenges for the Preschool as we remained in the grip of a global pandemic.

During the autumn term we were able to open to all of our children whilst remaining covid secure. During the lockdown, at the start of 2021, Early Years Providers were requested by government to remain open to children. Although not all of our parents felt that they wanted their children to attend during such an uncertain period we were happy to see that the vast majority of our children did attend, with almost full attendance by the end of the lockdown.

We continued to make some use of the government's Job Retention Scheme as was necessary to balance child numbers with staffing hours.

For the first time the preschool employed apprentices and we hope to continue doing this in the future.

We were also able to resume some limited fundraising, within the constraints of Covid regulations, but it remains well short of what we would hope to achieve in a more normal year.

The outlook for the next academic year remains uncertain as we are still in a pandemic but we have been heartened to see that the role of early years' education has been recongnised as fundamental during these challenging times. We are looking ahead to the autumn term with confidence as enrolment numbers look to be very encouraging.

Our reserves currently stand at around eight months of running costs.

Our grateful thanks must go to the preschool staff who have continued to provide an excellent service to the children and families of our local community during what continues to be an uncertain and unsettling time.

We are also pleased to welcome a new Chair on the Management Committee. Felicity Crabb will officially Porter take over from Dawn Brookes in September 2021. Our continued thanks must go to Dawn Brookes who delayed her retirement to provide her expertise and support to the staff and management committee during another unprecedented year.

Carolyn Rice Simpson, Treasurer, on behalf of the Management Committee

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Mudeford Wood Playgroup Independent examiner's report to the trustees of the charity for the year ended 31 August 2021

I report to the trustees on my examination of the accounts for the year ended 31 August 2021 set out on pages 3 to 5.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with 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; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

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.

Lewis Chaffey Chartered Certified Accountant Coastal Finance Ltd Spring Lodge, Spring Lane New Milton Hampshire BH25 5QB

10th May 2022

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Mudeford Wood Playgroup Income and Expenditure Account for the year ended 31 August 2021

Income Playgroup Fees Commission Fund Raising Donation Apprenticeship Grants Job Retention Scheme Total receipts Expenditure Premises Wages Refreshments & Other Consumables Cleaning Pre-school Alliance / Ofsted Printing, Postage & Stationery Fundraising costs Training Equipment Software and IT Telephone DBS / Medical Sundries Total expenditure Gross surplus	2021 £ 166,706 - 1,643 1,035 1,000 2,898 173,282 26,684 118,462 1,247 323 1,111 63 1,200 233 4,421 1,415 188 537 761 156,645 16,637	2020 £ 165,340 - 1,343 660 - -
		167,343
		22,630 108,241 293 23 896 89 931 613 1,998 2,249 164 238 26
		138,391
		28,951

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Mudeford Wood Playgroup Statement of Assets & Liabilities as at 31 August 2021

Santander current account CAF current account Petty cash account Cash at bank and in hand Creditors Deferred income Amounts due within one year Net current assets Reserves	130,732 107,744 - - - 110 130,732 107,854 (617) (94) (23,354) (17,635) (23,971) (17,730) 106,761 90,124 106,761 90,124 2021 2020 £ £	130,732 107,744 - - - 110 130,732 107,854 (617) (94) (23,354) (17,635) (23,971) (17,730) 106,761 90,124 106,761 90,124 2021 2020 £ £
		90,124
		90,124

Approved by the management committee on 11/5/2022

Carolyn Rice Simpson Treasurer

4

Mudeford Wood Playgroup Notes to the accounts for the year ended 31 August 2021

1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.

The accounts have been prepared in accordance with:

the 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 of Ireland (FRS 102) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

2 Staff costs Salaries & wages	2021 2020 £ £ 118,462 108,241
	118,462 108,241

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