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2024-08-31-accounts

Registered Charity Number 1042276

Mudeford Wood Playgroup

Report and Accounts

For The Year Ended

31 August 2024

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 2024

2023 to 2024 was another successful year for the preschool with the setting currently full with a waiting list for spaces.

At the end of the 2024 school year, we had our statuary Ofsted inspection which rated us as ‘Good’ in all areas. The inspector praised the preschool in a number of areas: ‘Warm and welcoming staff greet children and families on arrival’, ‘Staff support children's behaviour with positive praise and encouragement’ and ‘Children’s behaviour is good’.

We were all incredibly proud to have received such a good Ofsted report in these challenging times and it is a credit to Emily, our Manager, and the staff team for their tireless dedication and hard work that we achieved this.

This inspection rounded off what had been a great year for the preschool and the local families who use the setting, despite the ongoing challenges with the venue and the risk of constant eviction from the trustees of the community centre, we continued to provide exemplary dedicated childcare and provided a warm and staff environment where children could thrive.

Trustees report was prepared as at 31st August 2024.

Felicity Porter, Chair of Trustees, on behalf of the Management Committee

Mudeford Wood Playgroup Independent examiner's report to the trustees of the charity for the year ended 31 August 2024

I report to the trustees on my examination of the accounts for the year ended 31 August 2024 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 MAAT Chorus Accounting Limited 9a & 10a Saxon Square Christchurch Dorset BH23 1QA

17th June 2025

Mudeford Wood Playgroup Income and Expenditure Account for the year ended 31 August 2024

Income
Playgroup Fees
Fund Raising
Donation
Apprenticeship Grants
Consumables
Commission
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
Staff entertaining
Depreciation
Total expenditure
Gross surplus
2024
£
266,441
5,372
550
-
7,101
8
279,472
26,277
197,197
2,626
308
1,508
39
3,442
347
15,930
569
243
13
(221)
23
1,137
249,438
30,034
2023
£
230,626
5,890
1,100
500
2,879
-
240,995
29,369
169,268
2,129
256
1,374
31
4,278
502
12,076
2,890
197
48
590
-
-
223,008
17,987

Mudeford Wood Playgroup Statement of Assets & Liabilities as at 31 August 2024

Fixed Assets
Current Assets
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
2,273
233,525
-
-
233,525
(37,536)
(37,536)
198,262
198,262
2024
£
-
195,428
-
-
195,428
-
(27,200)
(27,200)
168,228
168,228
2023
£

Approved by the management committee on

Carolyn Rice Simpson Treasurer

Mudeford Wood Playgroup Notes to the accounts for the year ended 31 August 2024

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
3 Fixed Assets
Cost
Depreciation
Net book value
2023
2022
£
£
197,197
169,268
197,197
169,268
Computer
Equipment
3,410
(1,137)
2,273