Bredon Playgroup
Bredon Playgroup, Church Rooms, Dock Lane, Bredon, Tewkesbury, GL20 7LG.
Tel: 01684 7735361 bredon
mail.com
Charity no. 1053149 / Ofsted Register no. 205313
rou
Trustees Re
ort for Year Endin
31st Au
ust 2024
AIMS:
Bredon Playgroup is a community pre-school run by experienced staff and managed by a committee of
parents. We are self-financing and a registered charity. Our aim is to provide:
Quality and consistency so that every child makes good progress and no child gets left behind.
A secure foundation through learning and development opportunities which are planned
around the needs and interests of each individual child and are assessed and reviewed
regularly.
Partnership working between practitioners and with parents and/or carers.
Equality of opportunity and anti-discriminatory practice. ensuring that every child is included
and supported.
Whilst doing this we offer a safe and stimulating environment for children to learn through play.
Children need to learn to express themselves, to develop their skills and to be socially confident.
Building these skills we enable children to enter school confidently and enthusiastically.
OBJECTIVES:
Our key objectives for the year 2023124 included:
Review staff benefits and consider enhancing these where possible to encourage staff
retention and recruitment.
Understand the impact of the introduction of the new funding structure from April 2024. Will
we need to restructure our offer in order for the business to remain sustainable?
Maximise fundraising to help offset the potential hike in NLW from April 2024.
Ensure child numbers v staff cost balance. Look to increase attendance for children not using
full NEF entitlement.
Explore opportunities to increase income aside from fundraising- extended hours/holiday
club.
- Recruit more commi�ee members to join trustees – DBS/EY2
- Assess availability of funds to support succession planning
- interest ie SENCO, ECAT etc. Alongside statutory training obliga�ons.
- Con�nued close monitoring of day to day expenses.
- Managing the reserves fund within the restraints of the policy.
## **REVIEW OF ACTIVITIES & ACHIEVEMENTS:**
- internally. The transi�on has been successful and the team have se�led into the new structure posi�vely.
- team and improving cover provision.
- Ofsted visited in November 2023, there was some fantas�c feedback and we were thrilled to maintain our Good ra�ng in all areas.
- addi�onal support and working closely with parents to help put measures in place.
- The introduc�on of the spring term virtual Ballon Race and BBQ and Ice cream provision at the Cricket Club during the summer term have been successful addi�ons to our fundraising program.
- The expansion of funded hours to 2YO’s of working parents has helped increase our income since the funding came in at a rate higher than our usual fees. However, the decrease in fee paid hours limits how much we can affect income in future years.
## **FUTURE PLANS:**
Our plans for the year 2024/25 include:
- From September 2024 it is planned to extend opening hours with an 8.45am start everyday and 3pm finishes on Mondays and Thursdays. This will hopefully encourage the funded 2YO’s to sign up for longer days, therefore increasing income.
- Understand the impact of the NLW and ER NICs from April 2025.
- reten�on and recruitment.
- full NEF en�tlement.
- Recruit more commi�ee members to join trustees – DBS/EY2
- interest ie SENCO, ECAT etc. Alongside statutory training obliga�ons.
-
## **FINANCES:**
- Summary for 2023/2024:
**Income v Expenditure Income £ Expenditure £** Fees/Funding 90638 Sale of uniform 554 Fundraising 6209 Services and Supplies 82 Grant 1500 Sponsorship & Dona�ons 2191 Wages/PAYE/Pension 78831 Rent/Insurance 8314 Purchase of Uniform 654 Services & Supplies 266 Expenses 2296 Training 409 Fundraising Expenses 1769 Telephone/Broadband 574 **Total 101174 93113 Net income +8061**
The figures for 2023/24 include a Cultural Capital grant of £1500 and generous dona�ons with match funding. If these figures were to be taken out, the overall figures would have been closer to:
Income £ 99129 Expenditure £ 93113 **Net Income £ 6016**
The posi�ve net income from this year will allow replenishment of the reserves fund following last year’s deficit.
- Total cash summary at 31[st] August 2024
||**£**|
|---|---|
|Current Account|15968|
|Savings Account|53094|
|Pe�y Cash|767|
|**Total Cash**|**69829**|
## **POLICY ON RESERVES:**
obliga�ons should we have to close. We aim to keep sufficient reserves to cover 1 full term of running costs, salary payments of no�ce periods and staff redundancy costs. The reserves also include a small con�ngency to cover staff long term sick payments, replacement of equipment of significant cost and costs associated with any possible temporary or permanent premises reloca�on.
The target reserve fund for 2023/24 was calculated at £65000. Therefore the financial posi�on at the end of the year was £4829 more than the reserve target. This money will go some way to secure a good financial posi�on for the start of the 2024/25 year and par�ally plug the gap created by last years deficit.
## **FUNDRAISING:**
Our principle source of income is Nursery Educa�on Funding and fees, supported by fundraising. Fundraising ac�vi�es had great support from playgroup families and the local community. The introduc�on of providing a BBQ and ice creams at the local Cricket Club on a Friday evening during junior cricket training in the run up to the summer holidays has been a huge success. We have also added a virtual balloon race to the Spring term fundraising program which coincides with the children learning about transport!
|**Event**|**Income £**|**Expenditure £**|**Net Income £**|
|---|---|---|---|
|Autumn Party|483|26|456|
|Christmas Show|2637|267|2370|
|Spring Fundraising|822|59|763|
|Summer CC ac�vi�es|1668|375|1293|
|Misc Fundraising|599|0|599|
|**Total**|**6209**|**727**|**5481**|
Our primary aim of fundraising is to ensure that we can con�nue to replace aged and damaged toys and improve the playgroup environment, however it is becoming more apparent that fundraising money is required to cover business running costs that Nursery Educa�on Funding is not intended to cover.
## **TRUSTEES:**
The following Trustees were nominated and elected by the Commi�ee to serve throughout the year 2023/24:
Chair – Robyn Wilson
Secretary – Sarah Di�mann
Treasurer – Catherine Roylance
## **CONTACT DETAILS:**
Playgroup Manager -Tracey Ford
Bredon Playgroup, Church Rooms, Dock Lane, Bredon, Tewkesbury, GL20 7LG. Tel: 01684 773536 bredonplaygroup@gmail.com Charity no. 1053149 Ofsted Register no. 205313
## **PROFESSIONAL ADVISERS:**
Bank: Santander
Independent Accounts Examiner: Karen Hendry
Insurance: Morton Michel
Payroll: PATA UK
|**Bredon Playroup**
**1053149**
**CC16a**
**Receipts andpayments accounts**
**For the period from**
01/09/2023
**To**
31/08/2024
JE
J~~——————F~~|
|---|
|**Section A Receipts and payments**|
|**Unrestricted funds**
**Endowment funds**
**Total funds**
**Last year**
**Restricted**
**funds**|
|**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**|
|**A1 Receipts**
Fees & Funding
**90,638**
**-**
**-**
**90,638**
**76,695**
Sale of Uniform
**554**
**-**
**-**
**554**
**585**
Fundraising
**6,209**
**-**
**-**
**6,209**
**5,841**
Services and Supplies
**82**
**-**
**-**
**82**
**114**
Interest
**488**
**-**
**-**
**488**
**112**
Grant
**1,500**
**-**
**-**
**1,500**
**0**
Sponsorship& Donations
**2,191**
**-**
**-**
**2,191**
**323**
**0**
**-**
**-**
**0**
**0**
**101,662**
**-**
**-**
**101,662**
**83,670**
**0**
**-**
**-**
**0**
**0**
**-**
**-**
**0**
**0**
**_Sub total_**
**0**
**-**
**-**
**0**
**0**
**_Total receipts_**
**101,662**
**-**
**-**
**101,662**
**83,670**
**A3 Payments**
Wages & PAYE & Pension
**78,831**
**-**
**-**
**78,831**
**74,395**
Rent/Insurance
**8,314**
**-**
**-**
**8,314**
**10,552**
Services and Supplies
**3,136**
**-**
**-**
**3,136**
**3,610**
Training
**409**
**-**
**-**
**409**
**562**
Fundraising
**1,769**
**-**
**-**
**1,769**
**1,481**
Uniform
**654**
**-**
**-**
**654**
**0**
**0**
**-**
**-**
**0**
**0**
**0**
**-**
**-**
**0**
**0**
**_Sub total_**
**93,113**
**-**
**-**
**93,113**
**90,600**
**0**
**-**
**-**
**0**
**0**
**-**
**-**
**0**
**_Sub total_**
**0**
**-**
**-**
**0**
**0**
**_Total payments_**
**93,113**
**-**
**-**
**93,113**
**90,600**
**_Net of receipts/(payments)_**
**8,550**
**-**
**-**
**8,550**
**-6,931**
**A5 Transfers between funds**
**0**
**-**
**-**
**0**
**0**
**A6 Cash funds last year end**
**61,279**
**-**
**-**
**61,279**
**68,210**
**_Cash funds this year end_**
**69,828.40**
**-**
**-**
**69,828**
**61,279**
**_Sub total_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**
~~===> >>~~
~~—————————~~
~~===> >>~~
~~————— ——~~
~~—=~~|
|**Section B Statement of assets and liabilities at the end of the period**|
|**Endowment funds**
**Unrestricted**
**Restricted**|
|**funds**
**funds**|
|**Categories**
**Details**|
|**to nearest £**
**to nearest £**
**to nearest £**|
|**B1 Cash funds**
Current Account
**15,968**
**-**
**-**
Savings Account
**53,094**
**-**
**-**
PettyCash
**_767_**
**-**
**-**
**69,828**
**-**
**-**
OK
OK
OK
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
~~SS~~
~~$6455~~|
|**Endowment funds**
**Unrestricted**
**Restricted**|
|**funds**
**funds**|
|**to nearest £**
**to nearest £**
**to nearest £**|
|**Details**|
|**B2 Other monetary assets**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~==>~~|
|**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on behalf
of all the trustees|**Details**|**Fund to which asset**
**belongs**|**Cost (optional)**|**Current value (optional)**|
|---|---|---|---|---|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||**Details**|**Fund to which asset**
**belongs**|**Cost (optional)**|**Current value (optional)**|
||**Toys & Educational Equipment**||**-**|**-**|
||**Furniture & fittings **||**-**|**-**|
||**Computer**||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||||**-**|**-**|
||**Details**|**Fund to which liability**
**relates**|**Amount due**
**(optional)**|**When due (optional)**|
||||**-**||
||||**-**||
||||**-**||
||||**-**||
||||**-**||
||||||
||Signature
|Print Name||Date of approval|
||R Wilson|Robyn Wilson||24/06/25|
||C Roylance|Catherine Roylance||**24/06/25**|
**----- Start of picture text -----**
| ¥. CHARITY COMMISSION | Independent examiner's report on the
| ~ FOR ENGLAND AND WALES accounts
**----- End of picture text -----**
Section A Independent Examiner’s Report Report to the trustees Bredon Playgroup On accounts for the year | 31% August 2024 Charity no | 1053149 ended (if any) | report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the yearended 51 ©O5 2074. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). | 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, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent [The charity’s gross income exceeded £250,000 and | am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.
- | have completed my examination. | confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: e the accounting records were not kept in accordance with section 130 of the Charities Act; or
- e the accounts did not accord with the accounting records; or e the accounts did 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.
| 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.
* Please delete the words in the brackets if they do not apply.
**----- Start of picture text -----**
Name: | Karen Hendry
**----- End of picture text -----**
Relevant professional qualification(s) or body
**----- Start of picture text -----**
IER
**----- End of picture text -----**
1
Oct 2018
|
Address: | 22 Hurcombe Way, Brockworth, Gloucester, GL3 4QP 7
|
## (if any):
## Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose.
IER
2
Oct 2018