## **NAUNTON PARK PRE-SCHOOL PLAYGROUP**
## **TRUSTEE’S REPORT AND ANNUAL ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2024**
**CHARITY NUMBER: 1054209**
**Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2024**
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## **CONTENTS**
|**TRUSTEES’ ANNUAL REPORT**|**2**|
|---|---|
|**INDEPENDENT EXAMINER’S REPORT**|**4**|
|**INCOME AND EXPENDITURE ACCOUNT**|**5**|
|**BALANCE SHEET**|**6**|
|**NOTES TO THE ACCOUNTS**|**7**|
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**Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2024**
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## **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 2024.
## **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:|Cecily Etherington|(Chair)|
|---|---|---|
||Anna Lucy Champion|(Secretary)|
||Zach Lavallee|(Treasurer)|
|From September 2023, the trustees were:|Elizabeth Beake|(Chair)|
||Louise Croot|(Secretary)|
||Zach Lavallee|(Treasurer)|
|After the year end, the trustees were:|Dror Shtauber Friedman|(Chair)|
||Joe Farrag|(Secretary)|
||Stephen Vitkovitch|(Treasurer)|
The trustees were supported in the year by three additional 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.
## **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 74 different children in the year 23/24.
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 enabling families to use their free hours with us.
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**Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2024**
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## **Financial Review**
The accounts for the year have been prepared on a receipts basis. Income for 23/24 was £88,258 and expenditure was £121,061. This year we returned a deficit of £32,803.
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 £59,251 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.
13 March 2025 Approved by the Board of Trustees on…………………………………… and signed on its behalf:
Ypr—— ………………………………………… ………………………………………… ………………………………………… Stephen Vitkovitch Treasurer Signature Name Position
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**Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2024**
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## **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 2024.
## **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.
11 March 2025
…………………………………………… …………………………………………… Robert Harris FCA Date
Robert Harris FCA Kingscott Dix (Cheltenham) Limited 7 Rockfield Business Park, Old Station Drive, Leckhampton, Cheltenham, GL53 0AN
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**Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2024**
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## **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|**2024**
**General**
**Unrestricted**
**Fund**
**£**
-
87,858
400
88,258
-
121,061
121,061
**(32,803)**
92,054
59,251|**2023**
**General**
**Unrestricted**
**Fund**
**£**
4,221
109,876
105|
|---|---|---|
|||114,202|
|||270
96,753|
|||97,023|
|||**17,179**
74,875|
|||92,054|
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**Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2024**
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## **BALANCE SHEET**
|||**2024**|**2023**|
|---|---|---|---|
|||**General**|**General**|
|||**Unrestricted**|**Unrestricted**|
|||**Fund**|**Fund**|
||**Note**|**£**|**£**|
|**CURRENT ASSETS**||||
|Cash at bank|6|60,211|92,534|
|||60,211|92,534|
|**CURRENT LIABILITIES**||||
|Creditors due within one year|7|960|480|
|||960|480|
|||||
|**NET ASSETS**||**59,251**|**92,054**|
|**FUNDS**||||
|General unrestricted fund|8|59,251|92,054|
|**TOTAL FUNDS**||**59,251**|**92,054**|
13 March 2025 Approved by the Board of Trustees on ………………………………… and signed on its behalf:
………………………………………… Ypr—— ………………………………………… ………………………………………… Stephen Vitkovitch Treasurer Signature Name Position
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**Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2024**
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## **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
Fundraising
Other|**2024**
**£**
33,531
52,389
1,938
-
87,858|**2023**
**£**
43,413
63,887
1,699
877|
|---|---|---|
|||109,876|
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**Naunton Park Pre-School Playgroup Annual accounts for the year ended 31 March 2024**
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## **4 Expenditure on charitable activities**
|Wages, taxes and pensions
Office and administrative
Rent
Maintenance
Other
Independent examination|**Direct**
**Staff**
**Support**
**2024**
**Costs**
**Costs**
**Costs**
**Total**
**£**
**£**
**£**
**£**
-
96,611
-
96,611
14,547
-
-
14,547
6,242
-
-
6,242
1,857
-
-
1,857
1,324
-
-
1,324
-
-
480
480
23,970
96,611
480
121,061|**2023**
**Total**
**£**
74,075
9,512
5,959
3,096
3,631
480
96,753|
|---|---|---|
## **5 Staff costs**
|**2024**
**£**
Wages and salaries
93,791
Pension contributions
2,820
96,611
The average number of employees during the year was 6 (2023 – 7).
**6**
**Cash at bank and in hand**
**2024**
**£**
Current bank account
37,442
Deposit bank account
22,769
60,211
**7**
**Creditors**
**2024**
**£**
Other creditors
960
960
**8**
**Unrestricted Funds**
**2023**
**Income**
**Expenditure**
**Transfers**
**£**
**£**
**£**
**£**
General funds
92,054
88,258
121,061
-
Total funds
92,054
88,258
121,061
-|**2024**
**£**
Wages and salaries
93,791
Pension contributions
2,820
96,611
The average number of employees during the year was 6 (2023 – 7).
**6**
**Cash at bank and in hand**
**2024**
**£**
Current bank account
37,442
Deposit bank account
22,769
60,211
**7**
**Creditors**
**2024**
**£**
Other creditors
960
960
**8**
**Unrestricted Funds**
**2023**
**Income**
**Expenditure**
**Transfers**
**£**
**£**
**£**
**£**
General funds
92,054
88,258
121,061
-
Total funds
92,054
88,258
121,061
-|**2023**
**£**
72,426
1,649|
|---|---|---|
|||74,075|
|||**2023**
**£**
70,165
22,369|
|||92,534|
|||**2023**
**£**
480|
|||480|
|||**2024**
**£**
59,251|
||92,054
88,258
121,061
-|59,251|
The charity has general unrestricted funds that are free reserves for use in achieving the charity’s aims and objectives.
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