**REGISTERED CHARITY NUMBER: 1054493**
## Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2023
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 2023
|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|2|
|Independent Examiner's Report||3||
|Statement of Financial Activities||4||
|Balance Sheet||5||
|Notes to the Financial Statements|6|to|9|
|Detailed Statement of Financial Activities|10|to|11|
EPSOM PLAYHOUSE PRE-SCHOOL
for the Year Ended 31 March 2023
## Report of the Trustees
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. 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.
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
**Occupancy** :
Over the past year we have provided learning through play for 28 children.
Here are some of our key moments during the year:
- All staff members safeguarding and prevent duty training is up to date.
- We continue to invest in equipment and resources for the pre-school.
- Spanish lessons have begun with Kidslingo.
- Mackaton lessons continue and have been a huge success with all children.
- Kaci O'Neill unfortunately left us at the end of last term.
- Ghada and Isa have also both taken on an extra sessions and Michele has slightly changed her hours.
- Staff wellbeing has improved, we have a very strong team and continue to support them.
## **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
Page 1
EPSOM PLAYHOUSE PRE-SCHOOL
for the Year Ended 31 March 2023
## Report of the Trustees
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1054493
## **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 26 January 2024 and signed on its behalf by:
W Malik - Trustee
Page 2
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 2023.
## **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
Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX
29 January 2024
Page 3
EPSOM PLAYHOUSE PRE-SCHOOL
Statement of Financial Activities for the Year Ended 31 March 2023
|31.3.23
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
27,655
**Charitable activities**
Nursery
99,308
Investment income
2
129
**Total**
127,092
**EXPENDITURE ON**
**Charitable activities**
Nursery
147,407
**NET INCOME/(EXPENDITURE)**
(20,315)
**RECONCILIATION OF FUNDS**
Total funds brought forward
95,139
**TOTAL FUNDS CARRIED FORWARD**
74,824|31.3.22
Total
funds
£
62,468
91,321
3
153,792
157,288
(3,496)
98,635
95,139|
|---|---|
The notes form part of these financial statements
Page 4
EPSOM PLAYHOUSE PRE-SCHOOL
## Balance Sheet
## 31 March 2023
|||31.3.23|31.3.22|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|**FIXED ASSETS**||||
|Tangible assets|6|1,442|2,162|
|**CURRENT ASSETS**||||
|Cash at bank and in hand||74,990|94,055|
|**CREDITORS**||||
|Amounts falling due within one year|7|(1,608)|(1,078)|
|**NET CURRENT ASSETS**||73,382|92,977|
|**TOTAL ASSETS LESS CURRENT**||||
|**LIABILITIES**||74,824|95,139|
|**NET ASSETS**||74,824|95,139|
|**FUNDS**|8|||
|Unrestricted funds||74,824|95,139|
|**TOTAL FUNDS**||74,824|95,139|
The financial statements were approved by the Board of Trustees and authorised for issue on 26 January 2024 and were signed on its behalf by:
W Malik - Trustee
The notes form part of these financial statements
Page 5
EPSOM PLAYHOUSE PRE-SCHOOL
Notes to the Financial Statements for the Year Ended 31 March 2023
## **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.
Page 6
continued...
EPSOM PLAYHOUSE PRE-SCHOOL
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
## **2. INVESTMENT INCOME**
Deposit account interest
31.3.23 31.3.22 £ £ 129 3
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **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/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|31.3.23
31.3.22
9
9
Unrestricted
fund
£
62,468
91,321
3
153,792
157,288
(3,496)
98,635
95,139|
|---|---|
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
continued...
Page 7
EPSOM PLAYHOUSE PRE-SCHOOL
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
## **6. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2022 and 31 March 2023
**DEPRECIATION**
At 1 April 2022
Charge for year
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022
**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Taxation and social security
Other creditors
**8.**
**MOVEMENT IN FUNDS**
At 1.4.22
£
**Unrestricted funds**
General fund
95,139
**TOTAL FUNDS**
95,139
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
127,092
**TOTAL FUNDS**
127,092|Fixtures
and
fittings
£
4,259
2,097
720
2,817
1,442
2,162
31.3.23
31.3.22
£
£
462
-
1,146
1,078
1,608
1,078
Net
movement
At
in funds
31.3.23
£
£
(20,315)
74,824
(20,315)
74,824
Resources
Movement
expended
in funds
£
£
(147,407)
(20,315)
(147,407)
(20,315)|
|---|---|
continued...
Page 8
EPSOM PLAYHOUSE PRE-SCHOOL
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
## **8. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|At 1.4.21
£
**Unrestricted funds**
General fund
98,635
**TOTAL FUNDS**
98,635
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
153,792
**TOTAL FUNDS**
153,792|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)|
|---|---|
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2023.
Page 9
EPSOM PLAYHOUSE PRE-SCHOOL
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2023|||
|---|---|---|
||31.3.23|31.3.22|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|27,655|60,086|
|Grants|-|2,382|
||27,655|62,468|
|**Investment income**|||
|Deposit account interest|129|3|
|**Charitable activities**|||
|Fees|99,308|91,321|
|**Total incoming resources**|127,092|153,792|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Wages|101,776|116,666|
|Social security|1,134|2,407|
|Pensions|1,578|1,693|
|Hall hire|17,282|11,926|
|Consumables & equipment|752|84|
|School uniforms|206|500|
|Canteen & refreshments|67|-|
|School Activities|18,905|18,545|
|Cleaning|996|420|
||142,696|152,241|
|**Support costs**|||
|**Management**|||
|Telephone|256|259|
|Postage and stationery|225|384|
|Sundries|40|236|
|Bookkeeping fees|616|595|
|Fixtures and fittings|720|721|
||1,857|2,195|
|**Information technology**|||
|Website costs|-|37|
|Advertising, logo design|364|359|
||364|396|
|**Human resources**|||
|Staff training|1,091|1,241|
|Carried forward|1,091|1,241|
This page does not form part of the statutory financial statements
Page 10
EPSOM PLAYHOUSE PRE-SCHOOL
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2023|||
|---|---|---|
||31.3.23|31.3.22|
||£|£|
|**Human resources**|||
|Brought forward|1,091|1,241|
|Recruitment|474|290|
||1,565|1,531|
|**Governance costs**|||
|Accountancy fees|925|925|
|Total resources expended|147,407|157,288|
|**Net expenditure**|(20,315)|(3,496)|
This page does not form part of the statutory financial statements
Page 11