2020-08-31-accounts

South Wingfield Pre-School Playgroup	South Wingfield Pre-School Playgroup
Financial statements forthe year	ended 31August 2020
Trustees' Annual Re ort forthe	cried 01Se tember		2019to31Au ust						2020
A.Reference and administration	details
Charity name
South Wingfield preschool Playgroup
The charity is not known by any other names
Registered charity number
1051464
Charity's principal address
The Parish Room
Church Lane
South Wingfield
Alfreton
Derbyshire
DE55 7NJ
Names ofthe charity trustees who manage the charity
Trustee Name	Office
John Redhead	Chairperson
Emma Shimwell	Treasurer
Sadie Lewis	Secretary
Hannah Byard	Committee
Anna Ferguson	Committee
All Trustees were in office forthe	full year.
B.Structure, Govenance and Management
The Preschool's governing document is it's Constitution				and	the Preschool				isa body	in		membership				ofthe Preschool Learning Alliance.
The Preschool's committee are responsible forthe overall management								and control		ofthe				Preschool.
The Committee members are also the charity trustees			ofthe			Preschool.
Committee members are appointed annually at		the Preschool				Annual General Meeting,							by	the	members ofthe Preschool.
C.Objectives and activities
The aims ofthe Preschool are to enhance the development oftheir children through community groups and by offering					and education ofchildren primarily under statutory school age by encouraging parents to appropriate play, education and care facilities for all children whatever their race, culture,																							understand and provide for the needs religion, means or ability.
D.Achievement and performance
After receiving the good rating from Ofsted, numbers			have		improved, tothe point that								Pre-School			is	now full.			We	have	a healthy		waiting		list which	is	very good for the future and finances
ofthe Pre-School.
We have had totake on more staff, which again		is a fantastic				achievement			especially			with the			ongoing				Coronavirus		Pandemic.
E.Financial Review
It is Preschool policy to maintain	a balance on unrestricted				funds,		ifpossible, which			equates to at						least			one months unrestricted				payments,			equivalent		tof4400.The balance held of
E13,647exceeds this target.
Financial Review
Total receipts were 665k, an increase of E34k from last				year		—attributed			to the reputatlon					of	the	preschool generating						more Interest			and	an effort	to	get to near full occupancy.
Wage costs are higher, both forthe extra cover		and Increase				In National			minimum	and			living wage.
We have only been able to do a	limited amount	offundraising				due	tothe		pandemic.		We successfully							received		a grant from Derbyshire					County Council			ofF250 00which we have spent the
money on upgrading the settings	resources etc
The net result forthe year was an excess of receipts over payments ofF13,151,this											is		due	to	increased				numbers		in children attending				pre-school.
With the handover oftreasurer,	the payments	for pAYE were overlooked.							The balance				outstanding				of63,370.47was repaid in October 2019and payments are again on track.
Declaration
Th declare that they have approved the trustees'						report	above.
Sign ead (Chair)
On behalf ofSouth Wingfield Pre-School Playgroup
April 2021

								Unrestricted funds	Unrestricted funds	Unrestricted funds	Unrestricted funds			Restricted funds	Restricted funds	Endowment funds	Endowment funds	Endowment funds	Endowment funds		Total	Total	funds	funds	Last year
									to the		nearest		to the nearest 6			to the nearest				K	to the		nearest		to the nearest 5
Receipts
Derbyshire		County Council					funding				57,877														24,830
Fees											6,068														4,006
Grant income											250														1,088
Fundraising																									1,115
Contributions			towards		snacks																				269
Other sales											279														314
				Total receipts
Pa ments
Wage costs											47,115														37,864
Rent											1,815														3,900
Insurance											608														494
Printing	and	stationery									160												160		183
Telephone											208												398		146
Training											121
Computer &Website																									150
Equipment,		consumables									751														515
Other costs											993														1,172
			Total		payments
Net of	receiptsl(paymenfs)							'; .																	12,8
Transfers			between			funds
Cash	funds last				year		end				496														13,298
Cash	funds			this		year end, :::I																	13',641
					~		e	~		~	~					~	~			~	~	~
																Unrestricted					Restricted				Endowme
								Details									funds					funds			nt funds
																	to nearest		K		to	nearest		6	to nearest K
Cash	funds							Current account										13,029
								Savings			account								376
								Cash											242
								'I	O'		' ''	Total "' ''	cash funds 'V' '' V I"'					13WV
															account(s))	OK					Olr.				DK
																Unrestricted					Restricted				Endowme
																	funds					funds			nt funds
								Details									to nearest		6		to	nearest		K	to nearest E
Other	mpnetary					aSSetS		Fees		recoverable
																Fund towhich					Amount due				When due
								Details								liabil		relates				o tional			o tional
Liabilities
								PAYE/Wages								current account								660
								Pension								current account								260
Signed behalf	by one or two trustees of all the trustees							on			Signature							Print			Name				Date of a roval