Registered Charlty Number: 1054287 DAISY CHAIN PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS AND REPORT FOR FINANCIAL YEAR ENDING 31 AUGUST 2024
DAISY CHAIN PRE4CHOOL PLAYGROUP FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31 AUGUST 2024 Page 1 Registered Charity Number: 1054287 Address: 18 Swinft)rd 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 2024 INDEX Legal and Adminlstratlve Informatlon Report of the Tru8t8es Independent Examiner's Report Statement of Financial Activities Balance Sheet Accountlng Pollcle8 Notes to the Accounts 9-10
DAISY CHAIN PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31 AUGUST 2024 Page 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 31st August 2022. The financial statements of the 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 UK Accounting Stsndards, and the Charities Act 2011. structure, Governance The Daisy Chain Pre-school Playgroup Governing Document is a registered charity and operates in line with the Learning Alliance Model Pre•School Constitution (2011). Trustees are appointed each year at the AGM. Candidate are elected by a majority vote of the members at the AGM. Retiring rnembers are eligible for r election unless they have already served on the Board in any capacity for ten consecutsve years. Obj8CtiVe8 & Actlvltles The aims of Daisy Chain Pre-school Playgroup are to enhan the development and education of children pnmarily under ststutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by: Offer appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and become involved in the activities of such groups, ensuring we offer opportunities for all children whatever their ra, culture religion means or ability. Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such need in the local areas. Instigate and adhere to and further the aims and objectives of the Pre- school learning alliance.
DAISY CHAIN PRE4CHOOL PLAYGROUP FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31 AUGUST 2024 Page 3 The object of the Charity is to promote any charitable purposes far the benefit of pre-schoolchildren under statutory schoo5 age in the local communib'es. Providing a high-quality serdice for children and parents in a safe and caring environment to improve their day-to-day way of life and environment. Publlc Beneflt 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 15 taken into accounts by providing quality pre- school education in a safe and caring environment. Achievements and Perfomiance During this year all 3 groups have maintained a high standard of professional development and have completed several online and face to face training programmes which has contributed to Ofsted grades. Rectory Farm have an outstanding Ofsted report. Southfields and the nursery have good Ofsted reports. The impact of Covid19 has reduced. Number of children attending at all 3 groups is beginning to return to pre-pandemic numbers. The flexibility of childcare at our nursery is helping to increase numbers also and offer more affordable childcare for both working and disadvantaged families in the surrounding area. Flnanclal Revlew Year ending 3191 August 2024 saw an increase of numbers, starting to return to pre-pandemic numbers. Standards have continued through carefully monitoring expenditure while continuing to make neSSary purchases to sustain the groups. Reserve Policy The current reserle policy Is to maintain sufficient cash flow for known commitments, replacement of certain assets. Most of the Charity's income is by way of fees either from parents or local authorities received during the year. We
DAISY CHAIN PRE-SCHOOL PLAYGROUP FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31 AUGUST 2024 Page 4 have a policy in place to provide a general reSere in accordan with current legislation. The amount is reviewed annually. Risk Assèssment The Charity does not believe it is subject to any substantial risk beyond those identified in the Annual Report and Accounts. The charity has public, employer, and professional indemnity Insuran to protect it in case of a claim and a policy on Safeguarding Vulnerable beneficiaries, which are review annually. Plans for the future We will ensure that advertising and publicity will be done as and when required. All efforts will be made to retain the high Ofsted standards of the groups have achieved. This report was approved by the trustees at a management meeting held on 5th September 2025 and signed on their behalf Carolyn Bean Chairrrrustee
Brenda Peers-Ros8 29 Drift Road Selsey Chichester West Sussex P020 OPW Independent Examlnor's Report to the Trustees of: DAISY CHAIN PRE-SCHOOL PLAYGROUP Reglstered Charlty Number: 1054287 I report on the accounts of the charity for the year ended 31 St March 2024 which are set out on pages 6 to 10 of the financial report. Page 5 This report is made solely to the Trustees in accordan with Section 43(3) of the Charities Act 2011. My work has been undertaken so that I might slate to the Trustees those matters w1.ch I am requirèd to state to them in an independent examiner's report and for no other purpose. To fullest extent permrtted by law., I do not accept responsibilty to anyone other than the Trustees for my work, for this report. or for the opinions I have fonned. Rupectlve re8ponslbllltlo8 of trusts88 and oxamlnor The Charity's Trustees are responsible for the preparation of account8; you consider that the audit requirements of Section 144 (2) of the Charities Act 2011 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commission under section 158 of the Act, whether particular matters have come to my attentlon. Ba818 of Ind•pondent examlner's 8tatom•nt My examination was carried OLrt in accordance with general Directions given by the Charty Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts, presented with those CordS. It also includes nsideratIon of any unusual items or disclosUS of the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a Yrue and fair view,. and the report is limited to those matters set out in the statement below. Indepandent Examiner'8 Statement I have completed my examination. I confirm that no matters have come to my attention: which gives me reasonable cause to believe that in any materf81 respect the requirements.. to keep accounting records in acGordan¢e with Section 130 of the Act", and to prepare accounts which accord with the accounting records and to comply with the accciunting records of the Act have not been met. or in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached. Brenda Peers-Ross FMAAT, ACIE 18th December 2025
DAISYCHAIN PRESCHOOL PLAYGROUP Page 6 Rewslered Charity NuTnber 1054287 STATEMEKf OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 Nots$ Unr••trlct•d R•strtctod Total Unr•gtrlcted Restrlthd Total 2024 2023 Incame and endowmenis from: Charltabl• Acllvltlo8: Donations and Grants Charilable actNIUes: TrAal InGomo 527,853 627 853 527 853 527,853 400 168 400,168 400,168 Expondlture on; Charitable activities Total EXndItUrfj 50e,650 508,850 400 200 4cM) 200 400 2(10 400,200 Not In¢oma I 1•XpdItUrn1 Transfer beeen funds R•con¢lllatlon of Fund$ Total funds brought forward 19,203 19,203 (321 {32 297,709 297,709 297,741 297,741 Tot41 fundo Carr1 foTr•ard 316,912 316.912 297.709 297,709 All inwme and ¢ypenditure denve from ¢onllnulng aclivrtl88. There are no recognised gains or Ios8e$ other than those ncluded in the Stakmenl of Financial Activrties shown above.
DAISYCHAIN PRESCHOOL PLAYGROUP Regi5terEd Charity Number. 1054267 Pago T BALANCE SHEET AS AT 31 AUGUST 2024 Unf•8trl¢tsd Ro•trl¢t•d Total 21)24 Total 2023 Fixod A88•t8 Gurrgnt As#ets Debtors Cash at bank and in hand 9,861 323,819 333,680 9,861 323 819 333,680 11,5(X) 290,077 301,577 Crndlior• Amounls falling dua within one year 16,768 116,7681 3,868 (3,868) (16,7881 Net curr•nt amo1• l (Ilablllllm) 316,912 316912 297 709 N•t aM•t• l (Ilabllltlo81 316912 316.912 297,709 Ch•rlty Fund Unrn•irlct•d R••trtct•d Total 2024 Tot•1 2023 Unrestrfcted fund8 Restrlcted 316,912 316,912 297,709 316.912 318 912 297 709 The financial statements were approvod and authori8ed lor i88ue by the Board of Trusl¢es al a ¢ommitte• meeting on 18th December 2025, and Bignod on their behalf. Caro Bean Tru8t08 The note5 on pages 8 to 10. form p8rt of these financial statements.
DAISYCHAIN PRE-SCHOOL PLAYGROUP RegiGter8d Charity Nunthr.. 1054287 Page 8 PRINCIPAL ACCOUNTING POLICIES FOR TTrIE YEAR ENDED 31 AUGUST 2024 A¢¢ountlng Poll¢lo8 The financial slatements of the Chanty, whi¢h is a public benefit enlily under FRS 102, have been prepared under the historical cost convention and in accordan¢0 with th¢ S13tement of RQMmended Pradice SORP IFRS102) ISSU on 181 Octcèer 2019, 4ppIicoble LIK Accounting Standards and the Charities Acl 2011. The 2019 financial statements were prepared on a Receipts arKI Payment and Statement of As8et8 ba818. Fomiat The charity arKJ presented an inwme and expenditure accounts in the fo of a Statement ol Financial Actlvilies on thè grounds that it enables Ihe financ1 statements to shthv a true an¢J fair view of the result lor the year. Fund accountlng General funds are unreglricted ftjnds ¥thich are availabl• for use 81 the di8cr81ion of lh8 tfU8t885 in fijrtherance of the general objeciiv88 of the Ghanty which have nct beèn dé8ign81ed lor other purposes. Designated fund• compri80 unre8bi¢ted funds that have been sel aside by Ihe Irustees for particular purpo$o$, th¢ aim and purposes. The aim and use of each designated funds 1$ get out in the I$ lo the financial slatemenl6. Re¥lncled funds are funds whKh ao lo be used In a¢lrdance wllh spocific reJlriction8 imposed by the donors or which have been rai6ed by Ihe Charity for partlcular purposes. Incomlng r0•0urco• All ineoming re$our¢e$ ar& in¢lLtded in the SOFA when the Charity is legally enlilled lo the income and the amount can be quamifi¢d wth reasonable accuracy, Grants are broughl into account on receivable b8515. Delerred income represents amounts recelved for fLrture periods and is r818as•d to incomlng resources in the porfod In for which it has bgen received. Rooourco8 •xp•ndod All expenditurg 15 accounted for on an accru8ls basls and has been classified under heading8 that aggregate all co8ls relaied to the calegory. Expenditure 16 stated inclusiv8 ol value added tax. Tanglbl• fixed a88•1• and depr•c14Ltlon Depreciation is Galculated lo write down thè eosl of all tangible fixed assèts by Instalments over the expect8d useful life. The pari¢Jd generally applicable are: Computor and othei equipment 2 years straight line melhod Intanglbl• Incom• IntangiblE ineome. In the torm of donated faciliti.es aThJ voluntary help etc., is not in¢lud8d In the financial statements since It is not constrjered pctICable lo quantify guch income. Rer¥•& The ¢urrgnl resoN8 policy is to rnaintain sufflcSent Cash flow for known comrnilments, and the replacement of certain assets. Not all grants are received at the beginnin9 of the financial others are received in arreats. Risk The trustéès do not believe the organisation is subjecl to any subslanlsal risk b0nd those dtsclosed In the Annual Report and Accjjunts. The t)rganisalion has empbyer and public Ilability Insurance to proleet il in Iho casé of a claim.
DAISYCHAIN PREcHOoL PLAYGROUP R8gktered Charlty Numb8r. 1054267 Page 9 NOTES TO THE ACCOUNTS Unr•strfctsd R•%trfctsd 7t)tal 2024 Tolal 2023 Donatio¥ and Grants Donatlon$ Chirltablfj aellvltlo• WNC.. fundéd fées Fees Fundralsing events Other Income 397,349 126,773 397,349 126,773 273,028 124,680 2.460 400,168 527,853 S27,853 Unrqstrlct•d Rostrlct•d 2024 Unrogtrlct•d RvJticled 2023 Expèndltur• on: Chafltabl• •¢tlvlt Employmenl co8lF Valunleers & Trustee expen8e8 Other consumsbles Poslaga, telephonés , slatlonery etc. Publicily, 8ub8¢riplions Insurance Equipment ran81 and repai Cleaning, waste collection elc. Other expenditu Oth?r Co•1• Bank Charges Propety costs rent, repair6, ulilili98 Governanc• Payroll and pension administration Independent examinatioft Tot•1 Ewndllur• 374,0se 374,056 317,394 317,394 13,574 1,389 354 13,574 1,389 354 3,384 2,157 5,028 7.468 11.273 3.396 2,601 2,051 1,291 6.231 3,Q98 11,273 3,396 2,601 2,051 1,291 6,231 3,098 2,157 5,028 7,468 774 94.668 774 94,668 798 47,551 798 47,551 4,186 4,186 3,012 1 5C4 400 200 3,012 808,650 400,200 Ernployment coxts Gross salane& SMP recovered Employer N I Employer Pension Travel Training DBS check6 356,891 17,2451 14,751 5.550 1.327 462 320 374.056 358,891 (7,245) 14,751 5,550 1.327 462 320 374 056 297,483 297.483 11,Q43 4,341 2,495 2.032 11,043 4.341 2,495 2,032 317394 Thw• no mpl¢)yw being peid in exce88 of £PA).LK)O per arnurn. The nUmr of employtes dun> the y¢ar ty head ¢ountwas'. 2812023.. 24) Durkng the yearthe Irustees receNed Enil in rgmuwration. 12D23." £nlll CarW 8 Is &mployed ty the Larity as 8llow8d by Pre-school Leamww Alkqnce M¢)del Pr001 Con¥litulN)n 2011. Daishath received approv81 lo up¢8te treir CpnstitutKID from the Charity Commissbn Marr*) 2017. The lolal expendlture reimbursed to trustee5 amourrted to £rnil. (2023.. £0.) Tho Charity opèr8106 8nd contrlbutos tts a pon8ion $¢h•mfj in lin• with CUrt IlatiOn.
OAISYCHAIN PRE-SCHOOL PLAYGROUP Re9i¥lered Chalty Numb8r 1 L154287 Page 11J NOTES TO THE ACCOUNTS 2024 2023 D•btorn Prepayments other Debtors 8,894 9.861 11,500 11,500 2024 2023 Cr•dttors - Amounts falllng duo wlthln oné y•ar Sundry credi1c8 A¢¢ruals and deferred income Social Security and other taxe$ (6,6501 (4,4901 5,628 768 12,018) 11,850) 3,868 Opening Trnn•l•r C11n9 8alan¢• Movom•nl Movoment bgtwun Balanc• 2023 In Out fundg 2024 00•19nat•dlUnr•strl¢t•d R•••nio• Gera1 Fund$ 297 709 $27 853 297.709 527,853 316.912 316912 508.650 Ro8trlcled Fund• There are no re8lricted funds. 12023.. Nil) FIKed A•wts Th¢re ar¢ no fixed assets. 10 Rolat•d P•rty Tr•n8•¢tlon One approved family member of Trustee Caly 8¢an were employed by the Charity during the year. Sheila Sidey £32,125.15 11 uitlm•t• Controlllng Party The Charity is under the ultimate control of its truBlee¥, whose names are shown al Ihe fronl of the financ+al ¥tatements.