Reglstered Charty Numbor: 1054287 DAISY CHAIN PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS AND REPORT FOR FINANCIAL YEAR ENDING 31 AUGUST 2022 DAISY CHAIN PRE4CHOOL PLAYGROUP FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31 AUGUST 2022 Page 1 Registered Charity Number: 1054287 Address: 18 Swinford Hollow Little Billing Northampton NN3 9HP Trustees.. Chair- Mrs Carolyn Bean Gemma Coombs Emma Evelyn Emmanuel Samm-Espirit Bankers: TSB Weston Favell Centre Northampton NN3 8JZ Independent Examiners: Brenda Peers-Ross 29 Drift Road Selsey West Sussex P020 OPW DAISY CHAIN PRE4CHOOL PLAYGROUP FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31 AUGUST 2022 INDEX Logal and Administrativ• Infornutlon Roport of thé Tru8tO Indep•nd•nt Examiner's Roport statement of Flnanclal Acthiltles 8alanc• Sheot Accountlng Pollclos Not08 to the AGGounts 9-10 DAISY CHAIN PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31 AUGUST 2022 Pago 2 The members of the Board of Trustees of Daisy Chain Pre-school Playgroup present their report together with Financial Statements for the year ended 31 August 2022. The financial statements of ihe Charity, which is a public benefit entity under FRP102, have been prepared under the historical costs convention and the Statement of Recommended Practice SORP (FRS102) issued on 1st October 2019, applicable UKAccounting Stsndards, and the Charities Act 2011. 81 Structure. Governance The Daisy Chain Pre-scttool Playgroup Govemlng Document is a registered charity and operates in line with the Leaming Alliance Model Pre-school Constitution (2011). Trustees are appotnted each year at the AGM. Candidate are elected by a majority Vote of the members at the AGM. Rets'ring members are eligible for re- electson unless they have already served on the Board in any capacity for ten consecutive years. ObJoCtlvo8 & Actlvltlas The aims of Daisy Chain Pre-school Playgroup are to enhance the development and educatlon of children primarily under statutory school age by encouragirKJ parents to understand and provide for the needs of their children through community groups and by.. Offer appropriate play, education and care facilities, family leaming and extended hours groups, together with the right of parents to take responsibility for and become involved in the acts'vities of such groups, ensuring we offer opportunikn'es for all children whatever their race. culture religion means or ability. Encouraging the study of the needs of such children and their families and promoting public interest in and recognits'on of such need in the local areas. Instigate and adhere to and further the aims and objectives of the Pre- school leaming allian￿. DAISY CHAIN pRE￿CHOOL PLAYGROUP FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31 AUGUST 20212 Pago 3 The object of the Charity is to promote any charitsble purposes for the benefit of pre-schoolchildren under ststutory school age in the local communities. Providing a high-quality service for children and parents in a safe and caring environment to improve their day-to-day way of life and environment. Publ1¢ Bon•flt Statement: The public benefit for the work of Dairy Chain Pre-school Playgroups is achieved through the work and support provided to both children and parents in the local communities. When planning support and activities the requirement of the Charity Commission on public benefits is taken into accounts by providing quality pre- school education in a safe and caring environment. Achlevements and Performance During this year all 3 groups have maintained a high standard of professional development and have completed Several online and face to fa￿ training programmes which has contributed to Otsted grades. Rectory Fami have an outstanding Otsted report. Southfields and the nursery have good Ofsted reports. Covid19 had a big impact on families joining the setting. due to the risk of Covid19 infection and government guidance. Parents gradually returned to work and by the spring term numbers increased across all 3 groups. The flexibility of childcare at our nursery is helping to increase numbers and offer more affordable Childcare for both working and disadvantaged families in the surrounding area. Flnanclal Revlow Year ending 319t August 2022 saw an increase of numbers coming out of the Covid19 pandemic. Fortunately, there have been no closures necessary during this period. Standards have continued Ihrough carefully monitoring expenditure while continuing to make necessary purchases to sustain the groups. Coming out of the pandemic saw no further restrictions on operating procedures. R•sorvo Pollcy The current reserve policy is to rnaintain sufficient cash flow for known commitments, replacement of certain assets. Most of the Charity's income is by way of fees ether from parents or local authorilies received during the year. We DAISY CHAIN PRE&CHOOL PLAYGROUP F5NANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31 AUGUST 2022 Page 4 have a policy in pla￿ to provide a general reserve in accordance with current legislation. The amount is reviewed annually. Risk Assessment The Charity d￿5 not believe it is subject to any substantial risk beyond those identified in the Annual Rep¢>rt and Accounts. The charity has public, employer, and professional indemnity insurance to protect it in case of a daim and a policy on Safeguarding Vulnerable benefI￿arles, which are review annually. Plan¥ for the futurn We ￿11 ensure that advertising and publicity will be done as and when required. All efforts will be made to retain the hlgh Otsted standards of the groups have achleved. This report was approved by the trustees at a management meets'ng held on 13th March 2025 arKI signed on their behalf CarO￿n Bean Chairrrrustee Brnnda Peers-Ros$ 29 Drift Road Selsey Chichester West Sussex P020 OPW Independent Examlnerfs Report to the Tru8toe8 of: DAISY CHAIN PRE4CHOOL PLAYGROUP Roglstèred Charlty Number: 1054287 I report on the accounts of the charity for the year end￿1 31* August 2022, b¥tÈich are Set on pages 6 to 10 of the financial report. Page S This report is made sokty to the Trustees in accordanc* with &ction 43{3) of the Charities Act 2011. My work has t￿n undertaken so that I mym state to the Trustees th¢)se matters which I am required to stale lo them in an Trndependent examinerfs report and for no other purpose. To fullest extent permitted by law,. I do ftot accept resE￿$Ibllty to anyone other Ihan the Trustees for my work, for this ￿port. or for the opinions I have fomied. Rospe¢tlv• mpon•lblllll•• of t￿￿te9$ and ox•mln•r As describe(l on page 5 the Chanty's Trustéès are responsible fty the preparation of accounts,. you consider that the 8udrt requirements of Secticm 144 {21 of the Charities Act 2011 Acti d08s not appty. It 1$ my responsibility to stat¢, on the basis of PfO(%dures Sp￿lfied in the General DITections given by the Chanty Commission urKler section 156 of the Act, whether partKular matters have coma to my attents'on. Ba•1• of Indopond•nt •x•mln•rf• •latyment My examination was Carried out in accordance wrth general Directions given by th8 Charity Commission. An examination includes a revw of the a¢¢ounting records kept by the charty and a ¢omparison of the accounts. presenled with th08e records. It 8180 includes ￿nSIdera1K)n of any unu¥ual items or di8cIosuos of Ihe accounts and seeking explanations from you as tru$tee8 conceming any such matters. The proc&lures undertaken do not Pfovide all the eV￿enCe that would be required in an audit. and ConseqL￿nty no opinion is given as to whether the accounts present a Iru8 arKI fair view,. and the report is limrted to those mattern sot in the statement below. IndoPond0nt Examlnorf• •tat•m•nt I have completed my examination. I confim that no m8ttet8 have ￿rne to my attenkn: which giv86 me r8080nabb8 cauge to believe that in any material re8pect the requirements.. to keep accounting record8 in a(xordar)ce with Se¢tK>n 130 of the Art and to prepare accounts whith accord with the accounting rectsrds and to comply wrth the accountsng re(y)rd$ of the Act have not be•n mai. or in my opinion, attention shoukj be dra¥m to enable a proper undérstanding of the accounts to be reached. Brenda Peers-Ross FMAAT. ACIE 13° Mar¢h 2025 DAISYCHAIN PRE-SCHOOL PLAYGROUP Rwstweo Ch*rty ￿mbar." 11554287 Pago 6 STATEMEMT OF FINAP4CIAL ACTMTIÉS FOR THE YEAR ENDED 31 AUGUST 2022 T4)t41 In¢om• •n¢ erKk>wm•nta froffl: Charftlblo Activltle•: DoTr•tv)n5 and Gran16 Charrtable actNrb'es". To1•1 Incorn• 1.874 416.047 3.125 416,347 344.999 1.874 343,125 344,999 416.047 416.347 Expvndlturn on". Charitsbk *Nit Tol* Expondilurn 3￿.46& 390,468 390.46B 313.886 313.B86 313.888 313.886 N•t In¢am• i i•xp•ndlluv•l Transfer b¢Mten fund6 R•conclll4titsn ol FuTrd8 Tota rundi br¢)uqht loTh¥ar 25.879 25.879 31.113 31,113 271,862 271 862 240.749 240,749 T¢Jt•l lurth MTrl•d fonv•rd 297.741 297.741 271,862 271.962 Then af• M r•wised or loAf•• (rthw thATh iltha I￿ud￿j in the Staternent ol Finar￿1 DAISYCtrL4JN PRE-SCHOOL PLAYGROUP Reg4siwod c￿ P*Jrn￿r. IW287 BALANCE SHE￿ AS AT 31 AUGUST 2022 Yotal 2022 Flx•d A&tsota Cunnt As80ts Debtors Ca$h at bank and in h*d 12.020 294.4S2 306,482 12,020 294,462 3C6,482 14.247 289.128 283,375 Crw*tors Amotsnt8 laling d %•lthin one y*8r .741 18.7411 8,741 11.513 18,7411 111,5131 148t cUrr￿t asMt¥ I Illabilrkn••l 297,741 297 741 271.862 N•t 4•••t• I IllabmI￿••} 297,741 Charlty Funds Total 20 2022 UTrre8trfct#d fur￿1 R•strKt•d 297,741 297,741 271,862 297.741 297.741 271.8$2 The finandgl $talem•rnswarè appr￿￿ arKI •th￿ts•d rsgu• by th• Bc4rd ofTru5t•ts al a r£*mil￿ m••*'ng on 13th ktsrch 2025, 4nd &gn•# on tlwr beh•￿. Tw The n￿e9 on page$ 8 to 10. brm part OF tIp8e statttwts. DAISYCH￿N PRE-SCHOOL PIJYGROUP R89151￿￿ ch￿ Nu￿t￿. 1W287 Page 8 PR14CIPAL ACCOUKflNG POLICIES FOR THE YEAR ENDED 31 AUGLIST 2022 Accounting Poll¢l•• Thè financial Statements of the Charity. wh¢h tr4 a t*nefrt enw FRS 102. ￿been prepare•J under the historKal ¢¢* wvenb.on and ITr W1rd￿Ce wth the Stateftwt of Prtt￿ SORP IFRS102) on 1st Octot¢r 2019, applicable UKA¢counb"ng Slandwds attd Ihe 2011. Tne 2019 financlal statwnents Were prvwe¢ on a R¢c•pts and PaY[￿t ar￿ S1#wn￿t of basrn. Forni¥t Th8 ch8rity and preyented an In¢om• aTrJ eXF￿d*￿TE ￿£￿￿￿ts in the forTn of a slate￿￿rrt of Pinw¢ya Athih"85 on t￿ry grounds Ihat Il ¢n*)￿S the fin8ntt•l staiem¢nts lo a Iwe *d tsf Yie* ol the r8sut ￿ thtt ￿r. Fund *¢e¢)untlDI G8neTal fiJp,ds 8re unresmc￿J fundswlKh aTB av•laDle fry us• al tho +S"sci•ihJi IX IIKI tr(￿eel ￿ fvrth8rBnC• olth• 9en¢rai ¢ble¢tiV￿ ol the charity have not been tles¥Jna￿ lorrAher purposes D85lgn8ted lunds L>ynpne• unreslrttwj fvrvJ• th•1 hw bw wt a*J? for p￿t￿lar lh8 am and purpoee8. Th* and use ol each ¢J¢a¥Jn*d fMd6 rè selwt in the noles lo the f1nwc￿% ststeffwts. Restricted fvnd$ ¥¢ funds which are lo be u8¢d ￿ aeeotdaKe Thyth gporyfK restrrfv)ns ffiposed ty th¢ doF%>rs orvthKh have been mi$gJ by the p•rtKulw pyrp06es. In￿mI￿4 r••our¢•8 A11 incoming rewurw are In SCfA *then the is enbtled to the I[￿0￿ lh• •mJuftl can bg qv4ntified with reaeoTrat4e ¥G¢waty. Grwts br¢￿ht ir* iWaN*Jl¢ ba￿s. 0ohrT•d incorn¢ represents amunl8 r•¢thv•d knfulure i¥ r*WeLI to re?our￿ m tht Pe￿0# In lor wttlch rt has bo•n 1•c•￿ed. RuoufC•• •xp•nd•d l •xp•n4kur• Is acwuntad for on an a￿[￿alS basis ar*J has bEen clag*figd IwJing9 that &2syeg8te All I)￿1$ r•lat•d to th• c4t•gory. Expenditure is •knJ incI￿VI• of t& Tanglbl• Ilx•d a•••tt¥ ind d•prnclatlon D•pre¢Aation is cakuLgted lo wnt• ¢$3￿ the coslddl lang1￿& fLx•J •ss¢is by 1ngtaknerrt¥O￿ the exp￿1 u￿J1 lif•. The period genemlty applicabl• are.. Compui•r ond other equipm& 2 yews Ine n*lh)J lrt*nglbl• In¢v•rn•nB• - Payroll and pen61￿ 8drnin11trat￿ fthls . Independent exami￿1¢￿ 2 y•8rg Tgtll Exp•ndlturt 1,301 7,gxJ1 541 7.901 555 42.256 $55 42.256 507 29,454 507 29,454 3.316 1.680 313.88S 3,316 1,680 313888 2.855 390 2.855 390,468 Employm•nt eo•ts Gross saiqries 303,￿• 11.833) 8.927 3.885 240 2.4 3Q3,951 11.B331 8.927 3.885 240 248.841 12,670> 1.988 2.988 233 246,941 12,6701 1,988 2,98B 233 859 E￿￿0y*r N I E￿r Pens*)n Travel Training Rwitin•nt 317.006 317.806 250.339 250,339 There awe no p*1 In exco55 GIWJ.CthpWaY￿. The nurnb* ofwnpW8s thejewty h*J Lwr4 wal.. 2412021: lei DAISYCHAIN PRE4CHOOL PL4YGROLIP R8gl%ter&J Charty Nw*er. 1tMB7 gelo NOTES TO THE ACCOUNTS 2022 2021 Prepayn*nts 12,020 12,020 14,247 14.247 2022 2021 Cr•dttorg-Arnounts lalllw du• wlthln on• y••r Sundry creditors A￿rUSh and drf¢rrnd Inc¢ Sc¢wl S¢￿Trty and olher taxe• 15,4111 .13,3301 19,513} 12 0001 a,741 111.513 Op•nln9 TMnBf•r I1￿0￿•￿ Uov•mont bth•en In lund• Ciosl Bil•n¢• 2022 i>••lgn•t•dnJnry•trlcl•d II•MFV 20 G¢rwal Funds 271,862 271,862 416.347 390,468 3BO.468 297.741 297,741 R••trl¢t•d Fuffd* Ther¢ ir• nts f••trict•d fund$ P020". NII Flx•d A•••i• Ther• are no a$8els 10 Rgl•t•d P•rty TrnMa¢tlon Ong appfoved family mernbw ofTryMt88 Carr*n Bean **re emp*ed Dy ts* Charty during the ￿ar. Shala S￿eY £24,042 Imth ¢ontmllln9 P•rty Thtt Chwity Is under the ullwn* contrcl ol rts *how 4rB 81K7+m at ttTE frI￿t 91 financkal •tathm8ntB.