## **NAUNTON PARK PRE-SCHOOL PLAYGROUP** ## **TRUSTEE’S REPORT AND ANNUAL ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2023** **CHARITY NUMBER: 1054209** **Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2023** ________________________________________________________________________________________ ## **CONTENTS** |**TRUSTEES’ ANNUAL REPORT**|**2**| |---|---| |**INDEPENDENT EXAMINER’S REPORT**|**4**| |**INCOME AND EXPENDITURE ACCOUNT**|**5**| |**BALANCE SHEET**|**6**| |**NOTES TO THE ACCOUNTS**|**7**| ________________________________________________________________________________________ - 1 - **Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2023** ________________________________________________________________________________________ ## **TRUSTEES’ ANNUAL REPORT** The Trustees have pleasure in presenting their annual report and the accounts of Naunton Park Pre-School Playgroup for the year ended 31 March 2023. ## **Administrative Details** Naunton Park Pre-School Playgroup is registered in the UK with the charity commission, reference 1054209. Its principal address is Naunton Lane, Cheltenham, Gloucestershire, GL53 7BT. ## **Structure, Governance and Management** The charity is unincorporated, governed by its constitution as amended 18 September 2002. The charity is structured with a Board of Trustees overseeing the managers of the pre-school. |At the start of the year, the trustees were:|Sarah White|(Chair)| |---|---|---| ||Rebecca McWilliam|(Secretary)| ||James Barr Miller|(Treasurer)| |From September 2022, the trustees were:|Colleen Jones|(Chair)| ||Emily Tippett|(Secretary)| ||Zach Lavallee|(Treasurer)| |From February 2023, the trustees were:|Cecily Etherington|(Chair)| ||Anna Lucy Champion|(Secretary)| ||Zach Lavallee|(Treasurer)| |From June 2023, the trustees were:|Elizabeth Beake|(Chair)| ||Louise Croot|(Secretary)| ||Zach Lavallee|(Treasurer)| |From July 2024, the trustees were:|Dror Shtauber Friedman|(Chair)| ||Joe Farrag|(Secretary)| ||Stephen Vitkovitch|(Treasurer)| The trustees were supported in the year by four committee members. ## **Objectives and Activities** We are a non-profit making community playgroup overseen by a committee of volunteers. The charity’s aim is to enhance the development, care, and education of children primarily under the statutory school age. We ensure that every child is nurtured to their full potential and stimulated to learn and achieve. We are passionate about improving outcomes for children and providing caring, enriched learning environments for each child to develop confidence, self-awareness and independence. We provide educational facilities in a dedicated environment for children before they start school – from age 2 ½ to 4. The Pre School normally operates on weekdays and offers appropriate education and play facilities. All trustees are aware of the guidance and ensure that decisions are made to reinforce our charity’s purpose to provide a benefit to the children we serve in the local community. ________________________________________________________________________________________ - 2 - **Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2023** ________________________________________________________________________________________ ## **Activities and Performance** The charity has provided significant benefits to the families and children it supports and educates, providing a nurturing Pre-School environment for 83 different children in the year 22/23. Fees are kept low as compared to comparable private providers to enable a wide range of children and parents to use the service. In addition, we support the use of the Government’s free childcare allowance (for over 3- year-olds) enabling families to use their free hours with us. ## **Financial Review** The accounts for the year have been prepared on a receipts basis. Income for 22/23 was £114,000 and expenditure was £97,000. This year we returned a surplus of £17,000. The charity reserves policy is to set aside funds for the future sustainability or potential closure of the Group – this is approximately 3 months expenditure. Reserves of £92,000 are currently held. Our principal sources of income are fees (from parents), Government Grants and fundraising activities. ## **Statement of Trustees’ Responsibilities** The Trustees’ are responsible for preparing a Trustees’ Annual Report and Accounts in accordance with applicable law and regulations. The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## 16 July 2024 Approved by the Board of Trustees on…………………………………… and signed on its behalf: ………………………………………… ………………………………………… ………………………………………… Stephen Vitkovitch Treasurer Signature Name Position ________________________________________________________________________________________ - 3 - **Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2023** ________________________________________________________________________________________ ## **INDEPENDENT EXAMINER’S REPORT** ## **To the trustees of Naunton Park Pre-School Playgroup** I have examined the accounts of Naunton Park Pre-School Playgroup (the “Charity”), charity registration number 1054209, for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the charity's Trustees, you are responsible for the 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 Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect: - the accounting records were not kept in accordance with section 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 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. I 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. 15 July 2024 …………………………………………… …………………………………………… Robert Harris FCA Date Kingscott Dix (Cheltenham) Limited 7 Rockfield Business Park, Old Station Drive, Leckhampton, Cheltenham, GL53 0AN ________________________________________________________________________________________ - 4 - **Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2023** ________________________________________________________________________________________ ## **INCOME AND EXPENDITURE ACCOUNT** |
**Note**
**INCOMING RESOURCES**
Donations
Charitable activities
3
Interest received
**RESOURCES EXPENDED**
Raising funds
Charitable activities
4
**NET INCOMING / (OUTGOING) RESOURCES**
Fund balance at the start of the year
8
Fund balance at the end of the year
8|**2023**
**General**
**Unrestricted**

**Fund**
**£**
4,221
109,876
105
114,202
270
96,753
97,023
**17,179**
74,875
92,054|**2022**
**General**
**Unrestricted**
**Fund**
**£**
1,205
96,801
4| |---|---|---| |||98,010| |||181
90,451| |||90,632| |||**7,378**
67,497| |||74,875| ________________________________________________________________________________________ - 5 - **Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2023** ________________________________________________________________________________________ ## **BALANCE SHEET** |
**Note**
**CURRENT ASSETS**
Cash at bank
6
**CURRENT LIABILITIES**
Creditors due within one year
7
**NET ASSETS**
**FUNDS**
General unrestricted fund
8
**TOTAL FUNDS**|**2023**
**General**
**Unrestricted**

**Fund**
**£**
92,534
92,534
480
480
**92,054**
92,054
**92,054**|**2022**
**General**
**Unrestricted**
**Fund**
**£**| |---|---|---| |||75,786| |||75,786| |||911| |||911| |||| |||**74,875**| |||74,875| |||**74,875**| Approved by the Board of Trustees on ………………………………… and signed on its behalf: 16 July 2024 |…………………………………………|…………………………………………
Stephen Vitkovitch|…………………………………………
Treasurer| |---|---|---| |Signature|Name|Position| ________________________________________________________________________________________ - 6 - **Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2023** ________________________________________________________________________________________ ## **NOTES TO THE ACCOUNTS** ## **1 Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (Charities SORP – FRS 102) and with the Charities Act 2011. ## **Income** Income is recognised when the charity has entitlement to the funds, performance conditions attached to the income have been met, it is probable the income will be received, and the amount can be measured reliably. ## **Expenditure** Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. ## **Cash at bank** All cash is held within current and deposit bank accounts that are instantly accessible. ## **Creditors** The charity has creditors which are measured at settlement amounts less any trade discounts. ## **Fund Accounting** General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. ## **2 Related party transactions** No trustee received any remuneration during the current or previous year. Trustees were reimbursed for routine expenses incurred on behalf of the charity. ## **3 Income from charitable activities** |Fees
Grants
Lunch Club
Fundraising
Miscellaneous|**2023**
**£**
29,593
63,887
13,820
1,699
877
109,876|**2022**
**£**
26,952
54,566
14,214
900
169| |---|---|---| |||96,801| ________________________________________________________________________________________ - 7 - **Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2023** ________________________________________________________________________________________ ## **4 Expenditure on charitable activities** |Wages, taxes and pensions
Office and administrative
Rent
Maintenance
Miscellaneous
Independent examination|**Direct**
**Staff**
**Support**
**2023**
**Costs**
**Costs**
**Costs**
**Total**
**£**
**£**
**£**
**£**
-
74,075
-
74,075
9,512
-
-
9,512
5,959
-
-
5,959
3,096
-
-
3,096
3,631
-
-
3,631
-
-
480
480
22,198
74,075
480
96,753|**2022**
**Total**
**£**
73,206
4,996
5,959
4,007
1,803
480
90,451| |---|---|---| ## **5 Staff costs** |Wages and salaries
Pension contributions|**2023**
**£**
72,426
1,649
74,075|**2022**
**£**
72,398
808| |---|---|---| |||73,206| The average number of employees during the year was 7 (2022 – 7). ## **6 Cash at bank and in hand** |**2023**
**£**
Current bank account
70,165
Deposit bank account
22,369
92,534
**7**
**Creditors**
**2023**
**£**
Other creditors
480
Payroll taxes and social security
-
480
**8**
**Unrestricted Funds**
**2022**
**Income**
**Expenditure**
**Transfers**
**£**
**£**
**£**
**£**
General funds
74,875
114,202
97,023
-
Total funds
74,875
114,202
97,023
-|**2023**
**£**
Current bank account
70,165
Deposit bank account
22,369
92,534
**7**
**Creditors**
**2023**
**£**
Other creditors
480
Payroll taxes and social security
-
480
**8**
**Unrestricted Funds**
**2022**
**Income**
**Expenditure**
**Transfers**
**£**
**£**
**£**
**£**
General funds
74,875
114,202
97,023
-
Total funds
74,875
114,202
97,023
-|**2022**
**£**
53,522
22,264| |---|---|---| |||75,786| |||**2022**
**£**
612
299| |||911| |||**2023**
**£**
92,054| ||74,875
114,202
97,023
-|92,054| The charity has general unrestricted funds that are free reserves for use in achieving the charity’s aims and objectives. ________________________________________________________________________________________ - 8 -