BUSYBEES PLA YGROUP CASTLE HILL PRIMAR YSCHOOL ABBOTSWOOD ROAD BROCKWORTH GLOS GL3 4NU REGISTERED CHARITY NO: 1054102 ANNUAL REPORT FINANCIAL STATEMENT OF THE TRUSTEES FOR THE YEAR END 31" August 2023 Notes to the financial statement for the ear ended 31.08.23 The playgroup accounts have been produced on a simple payments & receipts basis in accordance with the charities act by an administrator employed by the charity. Under the guidance as set out by the Charity Commission of England and Wales, the trustees consider that a full audit is not required and have elected for an independent examination (under Charities Act 2011 section 14415(1)) The trustees therefore have appointed Mrs D Hopwood as the independent examiner. (See attached report) st As at 31 August 2023, Busy Bees does not owe any money to any creditors, and has no outstanding debts. It is the trustee's policy to aim to reserve within a bank account at least 3 times the monthly runni￿ costs at any poinL the trustees also hold a reserve account to protect themselves from any financial liability from the charity. li Busy Bees playgroup does not hold any major assets, just toys and resources for the children's benefit. The property and grounds are Licensed from Gloucestershire County Council, via Castle Hill Primary School. Financial osition as at 31.08.23 Detailed re ort enclosed Busy Bees current account Busy Bees trustees reserve account Opening balance £6867.15 £13,043.91 Total Income Total ex enditure Closin balanee Profit in £58742.56 £55541.31 £10,068.40 £66.48 £13,110.39 £320125 otal funds held £23,178.7 £66.48 I kne prepared thefinancial accounts on behalfofthe trwtees ofBury Bees Playgroup, and to the best ofry knowledge (md beliefthe accounts have beenprepared to provide afactual summary of money received andpaid dun.ng the year and thefin(ma"alposition ofthe charity as at 31 August 2023 Accounts prepared by." SIGNED.. Name." Address DA TED." JBurris 165 Erniin Street Brockworth Glos GL3 4HQ Trustees, Annual Re ort eriod 01.09.22 to 31.08.23 For the Structure overnance and mana ement Charity Name Busy Bees Playgroup Charity number 1054102 Charity address Castle Hill Primary School, Abbotswood Rd Brockworth Glos GL3 4NU Trustees who manage the charity Charlottc Parry - Chair Ellie Lamb Sasha Brice Shannon O'Grady Rachel Preston Charlie Presley Elwira Chrostek Co-opted members ailie Sturt- Paid as Settin Mana - Nominated Individual for OFSTE Governin Document Constitution The charity operates under an amended constitution signed on 3, November 2020 which replaces the original constitution signed on 5 March 2010. Trustee selection method The management of the charity is the reswnsibility of the trustees, who are elected at the annual general meeting in the autumn terni as per our constitution. Trustees complete DBS checks in line with statutory requiremcnts and are registered with OFSTED. Trustees give their time for free and receive no financial benefiL Trustees aim to meet as least 3 times per year, to review the position of the charity. One trustee holds safeguarding requirements. Trustees hold a reserve baDk account and insurance to enable the charity to manage risk. In all work the trustces bave regard to the guidance issued by the Charity Commission. Ob'ectives and Activities Charity Aims The charity aims to provide to the local community a fully inclusive setting that delivers pre- school education following the early years foundation stage, by creating a happy) safe, and relaxed environment. Caring for children aged 2 years to 4 years of any culture or ability to learn through play Children are encouraged by example and learn to care for and respect not only themselves but also others and their environment. In order to do this, we employ a childcare manager who along with a deputy and play assistants undertakes daily planning of activities to meet the needs and interests of the children attending OUT sctting. We deploy a key person approach to ensure that the progress and well being of all individual ehildren is constantlv monitored and feeds into future Dlanning. We ensure that our staff are well trained and hence able to successfully meet the needs of the cbildren in our care. We promote the importance of the learning environment and endeavour to make this as stimulating as possible. We listen to the views of children, parents and staff and use this feedback to infomi our improvement WOTk. The working partnership with parents is recognised as being a major value and of importance to the development and education of children. We develop positive relationships with parents and carers and invite them into our setting. We value all children as individuals and celebrate Britain's diversity of culture. We help the children in our care to be happy and healthy. We have policies and procedures in place for all aspects of safeguarding, child protection and health and safety, and along with staff review these policies as and when necessary. We follow the recommendations offered by external agencies and work with parents to achieve these outcomes. Ofsted carried out an inspection of the setting on 4 June 2019 and rated the setting as GOOD. Achievements erforn]ance Review of the year Our annual general meeting was hel(L and a strong con)￿Ittee was fornie