CHARITY COMMISSION FOR ENGLANO AND WALES Independent examinerfs report on the accounts Section A Independent Examinerfs Report Report to tho trustsesl members of Chipping Campden Pre-school Playgroup On a¢counts for the year ended 31 August 2021 Charity no (If any) 1053539 Set out on pages 34 I report to the trustees on my examination of the accounts of the above charity {"the Trust") for the year ended 3110812021 Responslbilitios and basis of report As the tharity's trustees, you are responsible for thé preparation of the accounts in accordance with the 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 carying out my examinalion, I have followed all the applicable Directions given by th8 Charity Commission under sedion 14515){b) of the Ad. Independent I have completed my examination. l nfirn1 that no material matters hav8 axamlner's 8tstemènt ¢ome to my attention in connection with the examination {@IhoFI which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with s8¢tion 130 of the Charities Act,. or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements conceming 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 Irue and fair, view which is not a matter consbdered as part of an independent examinalion. I have no cOnmS 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. S8 delete the words in the brackets if they do not apply. Signed: Date: 214122 Name: Maxwell Scott Relevant professlonal qualificationls) or l)ody (if any): FCCA Address: Thistlebank Bank House. Back Ends. Chipping Campden GL55 6AU IER Oct 2018
Section B Disclosure Only ¢omplete if the examiner needs lo highlight material matters of ccincern (see CC32, Independent examination of charity a¢counts.' directions and guidance for examiners). Give here brief detalls of any itsms that the èxamlner wishes to dlsG1080. IER Oct 2018
Account Summary for Chipping Campden Preschool Playgroup Year September 2020- August 2021
Community Account (SC40-17-18 Acc.51003070)
| StartingBalance | £5,904.20 |
|---|---|
| End Balance | £14,195.80 |
| Total In | £70,322.42 |
| Actual Total In | £58,647.38 |
| Total Out | £62,040.82 |
| Actual Total Out | £50,355.78 |
| Actual Net Difference | £8,291.60 |
| Fees | £11,226.40 |
| NEF | £28069.40 |
| Fundraising/Donations/Grants/Other | £15.36 |
| Savings Transfer In | £19,336.22 |
| Staff Costs | £35,152.31 |
| Training/Subscriptions/Resources | £1572.72 |
| Rent/Utilities/Waste | £3,661.32 |
| Snack | £321.27 |
| Other | £2648.16 |
| Savings Transfer Out | £7,000 |
| POCKIT Difference | £0 |
| £0.00 |
*Note Account closure on 19/11/21 Total £11,685.04 removed and then re-instated to the account on 14/12/20 explains the difference between Total and Actual Total.
Savings Account (SC40-17-18 Acc. 31369377)
| StartingBalance | £19,335.73 |
|---|---|
| End Balance | £7,000.01 |
| Total In | £7,000.50 |
| Total Out | £19,336.22 |
| Net Difference | £-12,335.72 |
| SavingTransfer In | £7,000.00 |
| Gross Interest | £0.50 |
| SavingTransfer Out | £19,336.22 |
Treasurer's Report Annual Summary Sept 2021
Administration
The accounts were closed on 18/11/20 due to an administration misunderstanding and then reopened on 14/12/20. The primary user is now myself, Emma Sexton. Secondary users of these accounts are Joanna Postins and Kate Mapstone. There are no other named persons on the account.
The Savings Account
The Savings Account has been severely depleted due to the closure over the pandemic. There was a net loss of £12,335.72. The current fund should be enough in case of forced redundancy however we should aim to build this up again in the following few years.
The Community Account
Total income to the account for this year was £70322.42 of which £58647.38 is actual in. Total outgoings of the account for this year was £62040.82 of which £50355.78 is actual out. This difference in total and actual is due to the closure of the bank accounts on 18/11/20 due to a misunderstanding in the administration of the account. This matter was resolved and the account was re-opened on 14/12/20 with the total sum from both the community and the savings account deposited into the community account at this time. Overall for the year we are net positive of £8921.60 in the community account.
Fees have been down this year by £540.37. NEF payments decreased by £5692.66 this year. Fundraising and donations have decreased this year by £1882.34. The account was boosted by the deposit of £19,336.22 from the savings account.
Staff costs have decreased this year by £631.75, this is due to a decrease in staff. We maintained paying our staff throughout the pandemic and did not furlough anyone in accordance with government guidance. Associated training costs/subscriptions and resources have decreased this year by £1308.53. The rent and utility bills have increased by £540.95. The snack bill has increased by £80.18. Other expenditures including consumables have decreased by £947.63. £7000 was transferred to the savings account.
Despite our expenditures this year the community account is net positive however this is largely due to having had our savings account to fall back on. This coming year there will be an increase to the overall staff bill due to rising wages and the return to our normal levels of spending incurred with the daily use of the pre-school. We should aim to achieve £10,000 in our savings account so that we are covered to pay for any un-expected future event, as without the buffer that we did have prior to the pandemic, it is highly probable that the pre-school would have had to close.
Emma Sexton Treasurer