Ashfield Play Care Scheme Charity number 1047469 Statement of Accounts For the year ended 30 September 2024 Nuvo Accountancy Certified Chartered Accountants 550 Valley Road Basford Nottingham NG5 UJ
ASHFIELD PLAY CARE SCHEME INDEPENDENT EXAMINER'S REPORT TO THE TRusfEESIMEMBERS ON THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 RESPONSIBIUTIES OF THE TRusfEES The charity's trustees are responslble for preparing the Trustees Annual Report and the financial statements in accordan with applicable law and United Kingdom Accounting Stsndards (Untt Kingdom Generally Accepted Accounting practi}. The law applicable to chan'ties in England and Wales requires the twstees to prepare financial statements for each financial year whlch give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resour of the charity for that period. In Pparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistendy; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent. State whether applicable accounting standards have been ftillowed, subject to any material departures disclosed and explained in the financial ststements; prepare the financlal statements on the going conrn basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disdose with reasorydble accuracy at any time the financial posltion of the charity and enable them to ensure that the financial statements cornply wlth the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008, The trust are also responsible for safeguarding the assets of the tharity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. INDEPENDENT EXAMINER Mrs R Molloy has been re-appointed a5 Independent examiner for the ensuing year. Slgned by order of the twstees: Jasmine Dods Treasurer Susan Ambler Chairperson 23 April 2025 Date Date
ASHFXELD PLAY CARE SCHEME INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES/MEMBERS ON THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 RESPECTIVE RESPONSIBILrrIES OF TRUSTEES AND INDEPENDENT EXAMINER -The. charity:s-tnJstees are.responsible..for-the-preparation-of__the-accounts.-_The-charity:s tru#ees-.... . consider that an audit is not required for this year (under section IM(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Art; to follow the procedures laid down in the General Directions given by the Charity Commission under Section 145(5)(b) of the 2011 A¢ as amended; and to state whether pa"Cular matters have come to my attention. BASIS OF INDEPENDENT EXAMINER'S STATEMENT My examination was carried out in accordance with the General Directions given by the Clprity Commission. An examination indudes a review of the accountlng records kept by the charity and a comparison of the accounts presented with those records. It also Includes consideration of any unusual items or disclosures in the accounts and seeklng explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit oplnion on whethw the accounts present a 'true and fair view,. INDEPENDENT EXAMINER'S STATEMENT In connection with my examination, rK) matter has come to my attention: (l) which gives me reasonable cause to believe that in any material respect the trustees have not met the requirements: to keep accounting records are kept in accordan with section 130 of the Act. and • to prepare accounts which accord wlth the accounting records and comply wtth the accounting requirements of the 2011 Act; have not been met or (2) to which, in my opinion, attention should be drawn In order to enable a proper understanding of the accounts to be reached. Mrs R Molloy ACA Nuvo Accountsncy Certified Chartered Accountsnts 550 Valley Road Basford Nottingham
ASHFIELD PLAY CARE SCHEME srATEMENT OF FINANCIAL AcrivrrIES FOR THE YEAR ENDED 30 SEPTEMBER 2024 - INCOMING-RESOURCES-..__.___. -1024"____" -2023 Parents Contril)utions Donatlons and Fund Raising Bank Interest 57,223.65 15,878.52 64.68 65,667,99 12,393.58 57,23 73 166.85 78118.80 Light and Heat Wages and National Insuran (childcaTe) Employee pension costs Refreshments Insuran, Inspettion and Membership Fees, & LInS Postage, Stationery and Telephone Accountant's Examination Fee Cleaning Repalrs, maiTrtenan arKI Running Costs Crafts, Play Equipment & Resour Staff Trainlng (Induding EYFS,NVQ and Mandatory Courses) 2,046.00 61,656.02 1,396.27 1,008.51 2,232.00 55,051.37 IF96.79 8H.73 4,684.71 1,616.19 540.00 314,88 1,013.97 311.21 4,540.14 1,724.87 540.00 247.02 1,117.31 539.15 232.40 143.64 74 820.16 77.02 NEf {OUTGOING}IINCOMING RESOURCES FROM NORMAL AcfivITIES (1,653.31) 9,241.78 DEPRECIATION OF FIXED ASSErs LOSS ON DXSPOSAL OF ASSETS 1,052.00 312.36 1,232.03 0.00 NET INCOMINGI(oiJfGOXNG) RESORCES FOR THE YEAR (3,017.67) 117,629.45 8,009,75 Net Fund BalanS Brought Forward NET FUND BALANCES 109,619.70 117,629.45 114,611,78 Revaluation Re*r4e 94,613.88 94,613.88 TOTAL FUND BALANCES 209 225.66 212 243.33
ASHFIELD PLAY CARE SCHEME BALANCE SHEET FOR THE YEAR ENDED 30 SEPTEMBER 2024 Nots 2024 TANGIBLE FXXED ASSErs 200,668. 12 202,007.50 CURREKT ASSETS Closing Stod( Debtors Cash at Bank and In Hand 200.00 4,805.38 6,486.59 15.00 4,146.75 7,739.19 10 TOTAL ASSETS 212 160.09 213 908,44 SHORT TERM CREDrroRS TOTAL ASSEfs LESS CURRENT UABILrfIES 11 (2,934.43) (1,665.11) 209 225.66 212 243.33 Represented by:_ TOTAL FUND BALANCES {ALL UNREsTrIcfED) 209 225.66 212 243.33
ASHFIELD PLAY CARE SCHEME NOTES TO THE ACCOUKts These accounts have been prepared in accordance with the Financial Reporting Standard for Smaller Entities and the CharÉties SORP. There has been no change to the valuation rules and methods of accounting Sin last aT. un No changes have been made to accounts for previous years. This is reported gross in the Statement of Financial Artivities. Tanglble fixed assets are capitalised if they can be used for more than one year. They are valued at cost or a reasonable value on receipt. Depreciation is provlded at rates calculated to write off the cost of fixed assets over their expected useful Ilves on the following basis: Flxtures, Fittlngs & Equipment - 15 % per annum on a reducing balan basis. The freehold bullding is recorded at its market value - S note 7. No amount of remuneration or other beneffts were pald to the charivs trustees, or people connected with them, from the charity or any entlty connected with it. No transactions were undertaken by or on behalf of the charity in which the trustee or connected person had a matsrlal intsrest.
muneratlo 2024 2023 Examination Fee 540.00 540.00 2024 2023 Childcare employees PAYE and national insuran Employee pension costs 61,656.02 0.00 1,396.27 63,052.29 51,590.06 3,461.31 1,896.79 56,948.16 2024 2023 Council grants other donations HMRC Gift Aid 0.00 363.71 15 514.81 15,878.52 0.00 332.29 12 061.29 12,393.58 £363.71 of the other donations was for the specific use of numeracy and literacy resour(e5. There were no restricted specifications for the remaining donations received. Tan xeda Freehold Buildings Fixtures, Flttings & Equip Total Balan as at l October 2023 Additions Less disposals 195,026.00 0.00 0.00 195,026.00 0.00 195,026.00 6,981.50 69,98 202,007.50 69.98 2 082.49 199,994.99 0.00 199,994.99 1,725,13 4,968.99 0.00 4,968.99 1,725.13 Revaluation In year (note 7) Add disposals depreciatlon Less Depreciation for the year Balan as at 30 September 2024 195,026.00 aaa 1052.00 5,642.12 1052.00 200,668.12
The trustees have determined the valuation of the property to be £195,026.00, which they believe is its approximate open market value. The next revaluation review of the building. will take pla in_the.y.ear to 30th SgF2t_erryber_ The revaluation reserve is made up as follows: Revaluation in year ended 30th September 2013 Revaluation in year ended 30th September 2022 87,613.88 7,000.00 94,613.88 2024 2023 Crafs and sOUrceS 200.00 200.00 15.00 15.00 The following amounts are owed to Ashfield Play Care Scheme: 2024 2023 Parents contributions HMRC Gift Aid payment Other debtors 1,974.63 2,785.75 45.00 4,805.38 1,611,50 2,535.25 0.00 4,146.75 10. Bank and ca hlnha 2024 2023 Current account Business reserve account Petty cash 1,911.19 4,521.89 53.51 6,486.59 673.47 7,012.21 53.51 7,739.19
11. rm 2024 2023 "Accountancy f* accrual Fees paid in advan by parents PAYE and NIC 979,50 1414.93 2,934.43 1,125.11 1,665.11 12. General N There are no commitments provided for in the accounts. The charity has not given any guarantees. The charity has not incurred any Ios5 secured on any of its assets. There were no contingent liabiliti. at 30 September 2024. None of the charity's ftjnttional fixed assets have been re-valued during the year. The charlty has no material uncapitalised fixed assets. No significant donations in kind were reIVed during the year, other than those disclos in note 5 to the accounts.