**REGISTERED CHARITY NUMBER: 1054493**
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2022
for
## EPSOM PLAYHOUSE PRE-SCHOOL
Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX
EPSOM PLAYHOUSE PRE-SCHOOL
## Contents of the Financial Statements for the Year Ended 31 March 2022
|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|3|
|Independent Examiner's Report||4||
|Statement of Financial Activities||5||
|Balance Sheet||6||
|Notes to the Financial Statements|7|to|11|
|Detailed Statement of Financial Activities|12|to|13|
EPSOM PLAYHOUSE PRE-SCHOOL
for the Year Ended 31 March 2022
## Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objectives and aims of the charity are:
To enhance the development and education of children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups, and by:
a) Offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups to offer opportunities for all children whatever their race, culture, religion, means or ability
b) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas
c) Instigating and adhering to and furthering the aims and objects of the Pre-School Learning Alliance
## **Significant activities**
A variety of activities reflecting all areas of the Early Years Foundation Stage of the National Curriculum
Children learn through play and are provided with a selection of toys from dolls, trains, construction sets to dressing clothes, kitchen play area, indoor climbing frame, outdoor play area etc Staff have key children where they know their now and next steps.
Page 1
EPSOM PLAYHOUSE PRE-SCHOOL
for the Year Ended 31 March 2022
## Report of the Trustees
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
Over the past year we have provided learning through play for 40 children. Here are some of our achievements:
- A key focus has been on developing fundraising streams. We have successfully been selected and benefited from local community fundraising opportunities including Co-op Local Community Fund. We have registered for fundraising cashback sites including Easy Fundraising, The Giving Machine, Amazon Smile and Recycle4Charity.co.uk ink cartridge recycling. We continue to seek and apply for other opportunities such as local Marks and Spencer in The Ashley Centre, Epsom Charity of the year.
- We have held successful Christmas Fair and Easter Bunny Hunt, sponsored bunny bounce. Fundraising Events with a Summer and Christmas Fair planned for next year. We registered with MyDonate charity fundraising site to facilitate receiving online donations from friends and families.
Outside organisations will be coming into the preschool ie Cook and Grow, music Moo, Spanish class and petting Zoo paid for with the fundraising
- We have registered with Tesco Uniform as new uniform suppliers to save the Pre-school the initial uniform stock outlay and administration, as well as allowing parents direct access for uniform ordering and cashback in order for the pre-school.
- We continue to invest in equipment and resources for the pre-school.
- We have created a new Committee joining procedure and Welcome Pack to ease transition for new committee members.
- We have registered with Volunteer Centre Epsom & Ewell to increase community involvement and interaction - We have invested in promotion of the pre-school to help fill capacity and improve financial stability. This includes creating, printing and local distribution of leaflets. Creating public social media page, running targeted Facebook Advertising. Taking out paid GoogleAds, creating a relationship with local Epsom Families Facebook group, taking out membership with leading childcare resource childcare.co.uk.
Staff have started Mackaton level 1 training which will lead onto level 2.
Ghada is completing the Thrive course which will bring a lot of support to staff and children of the preschool Two parents will soon be joining the committee.
Abby returned from maternity leave in June 2022 and Michele returned back to deputy manager we say thanks to Michele for covering Abby's maternity leave.
We said goodbye Kelly Lloyd in February 2021 who left after maternity leave to spend more time with her new family. We welcomed Jade who is our new member of bank staff in December 2021.
- We have updated all essential policies to be up to date with Pre-School Learning Alliance models.
- Number of children for summer term - 42.
- Achieved good OFSTED report.
## **FINANCIAL REVIEW**
## **Reserves policy**
Our current cash levels would help us cover against unforeseen expenses such as staff shortages or redundancies.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, the Pre-School Learning Alliance Model Pre-School Constitution, and constitutes an unincorporated charity. It is constituted as a body in membership of the Pre-School Learning Alliance
## **Recruitment and appointment of new trustees**
Trustees are elected by a majority of Committee Members
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1054493
Page 2
EPSOM PLAYHOUSE PRE-SCHOOL
## Report of the Trustees
## for the Year Ended 31 March 2022
## **Principal address**
Concorde Hall Horton Path Off Horton Hill Epsom Surrey KT19 8SR
## **Trustees**
Mrs A Tuck Chairperson W Malik Treasurer Ms L Netley Secretary
## **Independent Examiner**
Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX
Approved by order of the board of trustees on 31 January 2023 and signed on its behalf by:
W Malik - Trustee
Page 3
Independent Examiner's Report to the Trustees of EPSOM PLAYHOUSE PRE-SCHOOL
## **Independent examiner's report to the trustees of EPSOM PLAYHOUSE PRE-SCHOOL**
I report to the charity trustees on my examination of the accounts of EPSOM PLAYHOUSE PRE-SCHOOL (the Trust) for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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 giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do 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.
Mary E Ryan FCCA Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX
31 January 2023
Page 4
EPSOM PLAYHOUSE PRE-SCHOOL
## Statement of Financial Activities for the Year Ended 31 March 2022
|31.3.22
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
62,468
**Charitable activities**
Nursery
91,321
Investment income
2
3
**Total**
153,792
**EXPENDITURE ON**
**Charitable activities**
Nursery
157,288
**NET INCOME/(EXPENDITURE)**
(3,496)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
98,635
**TOTAL FUNDS CARRIED FORWARD**
95,139|31.3.21
Total
funds
£
21,584
131,922
11|
|---|---|
||153,517|
||102,948
50,569
48,066|
||98,635|
The notes form part of these financial statements
Page 5
EPSOM PLAYHOUSE PRE-SCHOOL
## Balance Sheet
## 31 March 2022
|||31.3.22|31.3.21|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|**FIXED ASSETS**||||
|Tangible assets|6|2,162|-|
|**CURRENT ASSETS**||||
|Cash at bank and in hand||94,055|99,802|
|**CREDITORS**||||
|Amounts falling due within one year|7|(1,078)|(1,167)|
|**NET CURRENT ASSETS**||92,977|98,635|
|**TOTAL ASSETS LESS CURRENT**||||
|**LIABILITIES**||95,139|98,635|
|**NET ASSETS**||95,139|98,635|
|**FUNDS**|8|||
|Unrestricted funds||95,139|98,635|
|**TOTAL FUNDS**||95,139|98,635|
The financial statements were approved by the Board of Trustees and authorised for issue on 31 January 2023 and were signed on its behalf by:
W Malik - Trustee
The notes form part of these financial statements
Page 6
EPSOM PLAYHOUSE PRE-SCHOOL
Notes to the Financial Statements for the Year Ended 31 March 2022
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 7
EPSOM PLAYHOUSE PRE-SCHOOL
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|Deposit account interest|3|11|
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **4. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Admin & teaching staff
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Nursery
Investment income
**Total**
**EXPENDITURE ON**
**Charitable activities**
Nursery
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|31.3.22
31.3.21
9
8
Unrestricted
fund
£
21,584
131,922
11
153,517
102,948
50,569
48,066
98,635|31.3.22
31.3.21
9
8
Unrestricted
fund
£
21,584
131,922
11
153,517
102,948
50,569
48,066
98,635|
|---|---|---|
|||153,517|
|||102,948
50,569
48,066|
|||98,635|
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
continued...
Page 8
EPSOM PLAYHOUSE PRE-SCHOOL
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **6. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2021
Additions
At 31 March 2022
**DEPRECIATION**
At 1 April 2021
Charge for year
At 31 March 2022
**NET BOOK VALUE**
At 31 March 2022
At 31 March 2021
**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**8.**
**MOVEMENT IN FUNDS**
At 1.4.21
£
**Unrestricted funds**
General fund
98,635
**TOTAL FUNDS**
98,635
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
153,792
**TOTAL FUNDS**
153,792|Fixtures
and
fittings
£
1,377
2,882
4,259
1,377
720
2,097
2,162
-
31.3.22
31.3.21
£
£
1,078
1,167
Net
movement
At
in funds
31.3.22
£
£
(3,496)
95,139
(3,496)
95,139
Resources
Movement
expended
in funds
£
£
(157,288)
(3,496)
(157,288)
(3,496)|
|---|---|
continued...
Page 9
EPSOM PLAYHOUSE PRE-SCHOOL
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **8. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|At 1.4.20
£
**Unrestricted funds**
General fund
48,066
**TOTAL FUNDS**
48,066
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
153,517
**TOTAL FUNDS**
153,517|Net
movement
At
in funds
31.3.21
£
£
50,569
98,635
50,569
98,635
Resources
Movement
expended
in funds
£
£
(102,948)
50,569
(102,948)
50,569|Net
movement
At
in funds
31.3.21
£
£
50,569
98,635
50,569
98,635
Resources
Movement
expended
in funds
£
£
(102,948)
50,569
(102,948)
50,569|
|---|---|---|
|||50,569|
A current year 12 months and prior year 12 months combined position is as follows:
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.4.20|in funds|31.3.22|
||£|£|£|
|**Unrestricted funds**||||
|General fund|48,066|47,073|95,139|
|**TOTAL FUNDS**|48,066|47,073|95,139|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
307,309
307,309|Resources
Movement
expended
in funds
£
£
(260,236)
47,073
(260,236)
47,073|Resources
Movement
expended
in funds
£
£
(260,236)
47,073
(260,236)
47,073|
|---|---|---|---|
||||47,073|
continued...
Page 10
EPSOM PLAYHOUSE PRE-SCHOOL
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
Page 11
EPSOM PLAYHOUSE PRE-SCHOOL
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2022|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|60,086|14,146|
|Grants|2,382|7,438|
||62,468|21,584|
|**Investment income**|||
|Deposit account interest|3|11|
|**Charitable activities**|||
|Fees|91,321|131,922|
|**Total incoming resources**|153,792|153,517|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Wages|116,666|81,735|
|Social security|2,407|333|
|Pensions|1,693|1,232|
|Hall hire|11,926|3,850|
|Consumables & equipment|84|-|
|School uniforms|500|145|
|Canteen & refreshments|-|302|
|School Activities|18,545|10,741|
|Cleaning|420|1,191|
||152,241|99,529|
|**Support costs**|||
|**Management**|||
|Telephone|259|149|
|Postage and stationery|384|47|
|Sundries|236|25|
|Trade subscriptions|-|167|
|Bookkeeping fees|595|585|
||1,474|973|
|**Finance**|||
|Bank charges|721|-|
|**Information technology**|||
|Website costs|37|239|
|Advertising, logo design|359|297|
||396|536|
This page does not form part of the statutory financial statements
Page 12
EPSOM PLAYHOUSE PRE-SCHOOL
## Detailed Statement of Financial Activities for the Year Ended 31 March 2022
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2022|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|**Information technology**|||
|**Human resources**|||
|Staff training|1,241|348|
|Recruitment|290|97|
||1,531|445|
|**Governance costs**|||
|Accountancy fees|925|925|
|Legal & professional fees|-|540|
||925|1,465|
|Total resources expended|157,288|102,948|
|**Net (expenditure)/income**|(3,496)|50,569|
This page does not form part of the statutory financial statements
Page 13