Charity number: 1044563 ## Fledgelings Pre-School Playgroup Report of the Trustees and Unaudited Financial Statements For the year ended 31 July 2021 Fledgelings Pre-School Playgroup Contents Page For the year ended 31 July 2021 |Report of the Trustees|1 to 2| |---|---| |Independent Examiner's Report to the Trustees|3| |Statement of Financial Activities|4| |Statement of Financial Position|5| |Notes to the Financial Statements|6 to 9| |Detailed Statement of Financial Activities|10 to 11| ## Fledgelings Pre-School Playgroup Report of the Trustees For the year ended 31 July 2021 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 July 2021. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **Chair's report** Fledgelings has got through another year,and it has been a highly successful one. On May the 13th Ofstead visited the setting and due to the hard work and commitment of all staff we received a 'Good' in all areas. We are all extremely proud of this outcome and I would like to say a huge thankyou to the staff for their hard work to achieve this. Covid guidance has not changed this year so the staff are still following all procedures to unsure the safety of everyone is the setting. The new EYFS framework was introduced in September 2021, with Annmarie now being a key person for children to ensure she has a full working understanding of it. The Committee have been having weekly meetings with Annmarie to ensure she has all the support she may need. Staff training is all up to date. Fundraising has still been difficult this year due to the pandemic . I would like to finish by once again saying a massive thankyou to our amazing staff who do the best for all children that enter through our doors every day. Fledgelings could not run without you and could not be as successful without each and everyone of you. Mrs Claire Mcdonald Chairperson Fledgelings Pre School ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)' and are satisfied that the objectives of the Charity have been met during this year. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Fledgelings Pre-School Playgroup **Charity registration number** 1044563 **Principal address** Glade Academy Knappers Way Brandon Suffolk IP27 0DA 1 of 11 Fledgelings Pre-School Playgroup Report of the Trustees Continued For the year ended 31 July 2021 ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: ## **Independent examiners** Claire McDonald Dr Emma Louise Slaughter Amy Last Alicia Sutton Rebecca Cross Hayley Mabey Mrs Annmarie Cheshire Kieron McDonald Simark & Co Belmont House 20 King Street Thetford Norfolk IP24 2AP Approved by the Board of Trustees and signed on its behalf by 01 December 2021 Claire McDonald............................................................................. 2 of 11 ## Fledgelings Pre-School Playgroup Independent Examiners Report to the Trustees For the year ended 31 July 2021 I report to the trustees on my examination of the accounts of the charity for the year ended 31 July 2021. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity’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 examiners statement** I have completed my examination. I confirm that no 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 Charity as required by section 130 of the 2011 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. Simark & Co Belmont House 20 King Street Thetford Norfolk IP24 2AP 01 December 2021 3 of 11 ## Fledgelings Pre-School Playgroup Statement of Financial Activities For the year ended 31 July 2021 |**Notes**
**Income and endowments**
**from:**
Donations and legacies
2
Charitable activities
3
Investments
4
**Total**
**Expenditure on:**
Charitable activities
5/6
**Total**
**Net income**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricte**
**d funds**
**£**
3,110
114,132
-
**117,242**
(100,837)
**(100,837)**
**16,405**
43,723
**60,128**|**2020**
**£**
1,199
120,884
7| |---|---|---| |||**122,090**| |||(105,987)| |||**(105,987)**| |||**16,103**
27,620| |||**43,723**| 4 of 11 ## Fledgelings Pre-School Playgroup Statement of Financial Position As at 31 July 2021 ||**Notes**|**2021**|**2020**| |---|---|---|---| |||**£**|**£**| |**Current assets**|||| |Cash at bank and in hand||61,024|44,235| |||**61,024**|**44,235**| |**Creditors: amounts falling due within one year**|11|(896)|(512)| |**Net current assets**||**60,128**|**43,723**| |**Total assets less current liabilities**||**60,128**|**43,723**| |**Net assets**||**60,128**|**43,723**| |**The funds of the charity**|||| |Unrestricted income funds|12|60,128|43,723| |**Total funds**||**60,128**|**43,723**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Amy Last Trustee 01 December 2021 5 of 11 ## Fledgelings Pre-School Playgroup Notes to the Financial Statements For the year ended 31 July 2021 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. Fledgelings Pre-School Playgroup meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **2. Income from donations and legacies** |**Unrestricted funds**
Donations received
Grants received|**2020**
**2021**
**£**
**£**
299
735
900
2,375
**1,199**
**3,110**| |---|---| ## **3. Income from charitable activities** |**Unrestricted funds**
_General Income_
Fees Receivable
SCC Grant Funding.
_Fundraising_
Fund Raising Events
T Shirts & T Towels|**2021**
**£**
6,104
106,900
**113,004**
1,128
-
**1,128**
**114,132**|**2020**
**£**
6,899
113,648| |---|---|---| |||**120,547**
281
56| |||**337**| |||**120,884**| 6 of 11 ## Fledgelings Pre-School Playgroup Notes to the Financial Statements Continued For the year ended 31 July 2021 ## **4. Investment income** |Bank interest receivable|**2021**
**£**
-
**-**|**2020**
**£**
7| |---|---|---| |||**7**| ## **5. Costs of charitable activities by fund type** |**Costs of charitable activities by fund type**||| |---|---|---| ||**2021**|**2020**| ||**£**|**£**| |**Unrestricted funds**||| |General Income|2,907|1,237| |Support costs|97,930|104,750| ||**100,837**|**105,987**| ## **6. Costs of charitable activities by activity type** ||**Activities**|**Support**|**2021**|**2020**| |---|---|---|---|---| ||**undertaken**|**costs**||| ||**directly**|||| ||**£**|**£**|**£**|**£**| |**Support costs**||||| |General Income|2,907|-|2,907|1,237| |General Running Costs|-|97,930|97,930|104,750| ||**2,907**|**97,930**|**100,837**|**105,987**| ## **7. Analysis of support costs** |**Analysis of support costs**||| |---|---|---| |**General Running Costs**
Management
Running Costs
Governance costs|**2021**
**£**
88,669
8,151
1,110
**97,930**|**2020**
**£**
94,787
8,843
1,120| |||**104,750**| 7 of 11 Fledgelings Pre-School Playgroup Notes to the Financial Statements Continued For the year ended 31 July 2021 ## **8. Net income/(expenditure) for the year** This is stated after charging/(crediting): |This is stated after charging/(crediting):||| |---|---|---| ||**2021**|**2020**| ||**£**|**£**| |Accountancy fees|1,110|1,110| ## **9. Staff costs and emoluments** Total staff costs for the year ended 31 July 2021 were: |Salaries and wages|**2021**
**£**
88,669
**88,669**|**2020**
**£**
94,787| |---|---|---| |||**94,787**| ## **10. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activites are for unrestricted funds. ## **11. Creditors: amounts falling due within one year** ||||**2021**|**2020**| |---|---|---|---|---| ||||**£**|**£**| |Other creditors|||896|512| ||||**896**|**512**| |**Movement in funds**||||| |**Unrestricted Funds**||||| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/08/2020**|**resources**|**resources**|**31/07/2021**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|43,723|117,242|(100,837)|60,128| ||**43,723**|**117,242**|**(100,837)**|**60,128**| ## **12. Movement in funds** 8 of 11 ## Fledgelings Pre-School Playgroup Notes to the Financial Statements Continued For the year ended 31 July 2021 ## **Unrestricted Funds - Previous year** ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| |---|---|---|---|---| ||**01/08/2019**|**resources**|**resources**|**31/07/2020**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|27,620|122,090|(105,987)|43,723| ||**27,620**|**122,090**|**(105,987)**|**43,723**| ## **Purpose of unrestricted Funds** ## General Unrestricted funds held for the provision of pre-school childcare and education in line with and up to and beyond Government minimum standards and requirements. ## **13. Analysis of net assets between funds** |**Analysis of net assets between funds**||| |---|---|---| ||**Net current**|**Net Assets**| ||**assets /**|| ||**(liabilities)**|| ||**£**|**£**| |**Unrestricted funds**||| |_General_||| |General|60,128|60,128| ||**60,128**|**60,128**| |**Previous year**||| ||**Net current**|**Net Assets**| ||**assets /**|| ||**(liabilities)**|| ||**£**|**£**| |**Unrestricted funds**||| |_General_||| |General|43,723|43,723| ||**43,723**|**43,723**| 9 of 11 ## Fledgelings Pre-School Playgroup Detailed Statement of Financial Activities For the year ended 31 July 2021 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
Grants receivable
**Charitable activities**
Fees Receivable (General Income)
SCC Grant Funding (General Income)
Fund Raising Events (Fundraising)
T Shirts & T Towels (Fundraising)
**Investments**
Bank interest receivable
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Resources & Refreshments (General
Income)
Equipment (General Income)
**SUPPORT COSTS**
**Management**
Staff costs - wages & salaries (General
Running Costs)
**Running Costs**
Rent, Water & Electricity (General Running
Costs)
Maintenance & Cleaning (General Running
Costs)
Insurance (General Running Costs)
Stationery & Photocopier (General Running
Costs)
Telephone & Internet (General Running
Costs)
Ofsted and ICO Fees (General Running
Costs)
Staff Training (General Running Costs)
Staff Clothing (General Running Costs)|**£**
**2021**
735
2,375
**3,110**
6,104
106,900
1,128
-
**114,132**
-
**-**
**117,242**
(2,460)
(447)
**(2,907)**
(88,669)
**(88,669)**
(5,200)
(315)
(535)
(462)
(1,018)
(70)
(71)
(480)|**£**
**2020**
299
900| |---|---|---| |||**1,199**
6,899
113,648
281
56| |||**120,884**
7| |||**7**| |||**122,090**
(1,046)
(191)| |||**(1,237)**
(94,787)| |||**(94,787)**
(5,400)
(315)
(528)
(686)
(935)
(70)
(909)
-| 10 of 11 This page does not form part of the statutory financial statements ## Fledgelings Pre-School Playgroup Detailed Statement of Financial Activities Continued For the year ended 31 July 2021 ||**(8,151)**|**(8,843)**| |---|---|---| |**Governance costs**||| |Accountancy & Bookkeeping fees (General|(1,110)|(1,110)| |Running Costs)||| |Bank Charges (General Running Costs)|-|(10)| ||**(1,110)**|**(1,120)**| |**Total resources expended**|**(100,837)**|**(105,987)**| |**Net Income**|**16,405**|**16,103**| 11 of 11 This page does not form part of the statutory financial statements