## **AVEBURY PLAYGROUP**
# **STATEMENT OF ACCOUNTS**
## **FOR THE YEAR ENDED 31st MARCH 2025**
## **Registered charity No. 1055570**
## **Auditor:**
C Zielinski AIPFM 50 Burnside Street Carnoustie DD7 7HL
**1**
**AVEBURY PLAYGROUP**
## **TRUSTEES AND ADVISORS**
## **FOR THE YEAR ENDED 31st MARCH 2025**
Chairperson: Marta Getachew Lema Treasurer: Margaret O'Toole Trustees: Nuura Sharif Committee: Henna Ahmed Independent examiner: C Zielinski AIPFM Bankers: National Westminster Bank PLC 403 Bethnal Green Road London E2 0AF Registered address: Club Room Avebury Estate Tenants Club Roberta Street London E2 6AN
**2**
**STATEMENT OF RESPONSIBILITIES OF THE COMMITTEE**
As the charity's trustees, you are responsible for the preparation of financial statements for each financial year which gives a true and fair view of the charity's incoming resources and application of resources for the year then ended. In preparing those financial statements, you are required to:
- Select suitable accounting policies and then apply them consistently.
- Make judgements and estimates that are reasonable and prudent.
- State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
- Prepare the financial statements on the going concern basis.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. You are also responsible for safeguarding the assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Committee on: _______________________________________________
Chair: ____________________________________________________________________
**1**
## **INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF AVEBURY PLAYGROUP FOR THE YEAR ENDED 31st MARCH 2025**
I report on the accounts of the charity for the year ended 31[st] March 2025, which are set out on pages 3 to 5.
## **Respective Responsibilities of Trustees and Examiners**
The charity's trustees consider than an audit is not required for this year -under section 144(2) of the Charities Act 2011 (the Act)- and that an independent examination is needed.
It is my responsibility to:
- Examine the accounts (under section 145 of the Act).
- To follow the procedures laid down in the General Directions given by the Charity Commission - under section 145(5)(b) of the Act, as amended- and
- To state whether matters have come to my attention.
## **Basis of Independent Examiner's Report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in 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, I do not express an audit opinion on the accounts.
## **Independent Examiner's Statement**
During my examination, no matter has come to my attention:
- Which gives me reasonable cause to believe that in any material respect, the trustees have not met the requirements to ensure that:
- Proper accounting records are kept (in accordance with section 130 of the 2011 Act); and - Accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
- To which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
C Zielinski AIPFM 50 Burnside Street Carnoustie DD7 7HL
June 2025
**2**
## **AVEBURY PLAYGROUP**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **FOR THE YEAR ENDED 31st MARCH 2025**
|**Opening balances (note 4)**
**Add: Receipts**
London Borough Tower Hamlets:
•
NEG 2,3,4-year funding
Fees
Fundraising and donations
**TOTAL RECEIPTS**
**Less: Payments**
Wages and National Insurance (note 3)
Payroll and support costs
Rent, water and refuse collection
Toys and materials
Light and heat
Telephone
Milk and food
Cleaning, toiletries
Insurance
Stationery and postage
Trips, parties, etc
Independent examination
Education and training
Repairs
Ofsted
Miscellaneous
**TOTAL PAYMENTS**
**Closing balances (note 4)**|**2025 (£)**
**146,529**
55,871
1,400
966
**58,237**
55,242
1,200
2,130
333
2,845
1,103
154
31
888
99
-
775
-
-
50
66
**64,916**
**139,850**|**2024 (£)**
**149,542**
57,419
2,836
8
**60,263**
52,565
1,200
1,969
1,335
2,494
1,041
257
47
831
108
586
775
-
-
-
68
**63,276**
**146,529**|
|---|---|---|
**3**
## **AVEBURY PLAYGROUP**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **AT 31st MARCH 2025**
|MONETARY ASSETS
Cash at bank
Cash held by EYNTH
Fees / cash in hand
**TOTAL CASH**
OTHER ASSETS
The charity owns numerous items of play
equipment (note 2)
**TOTAL ASSETS**
Less: LIABILITIES
Creditors
**TOTAL LIABILITIES**
**NET ASSETS**
Represented by:
Equipment funds (note 5)
Designated funds (note 6)
Unrestricted fund (note 7)|**2025 (£)**
119,502
20,240
108
**139,850**
800
**140,650**
45
**45**
**140,605**
800
112,000
27,805
**140,605**|**2024 (£)**
123,519
22,402
608
**146,529**|
|---|---|---|
|||1,100
**147,629**|
|||46
**46**
**147,583**|
|||1,100
117,000
29,483
**147,583**|
Approved by Committee: ________________________________________________________
**4**
Date: ________________________________________________________________________
# **AVEBURY PLAYGROUP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025**
## 1. Accounting Policies
The accounts are prepared under the historical cost convention, using the receipts and payments basis to comply with the Charities Act smaller charity regulations.
## 2. Fixed Assets
Equipment purchases have been charged to the Receipts and Payments account in the year of acquisition. A register of equipment is maintained, and an estimated value shown in the statement of Assets and Liabilities.
## 3. Salaries
Early Years Network Tower Hamlets administer playgroup salaries. The statement showing the salaries has been independently audited and I have accepted assurances as to the accuracy.
|1.|Cash Balances
Current account
Cash held by EYNTH
Cash in hand|2025 (£)
119,502
20,240
108
139,850|2024 (£)
123,519
22,402
608
146,529|
|---|---|---|---|
## 5. Equipment Funds
Equipment purchased has been shown as other assets. An equipment fund of equivalent value is taken from the funds, as this money has already been spent.
## 6. Designated Funds
|Redundancy funds
New equipment
Sickness, cover costs|2025 (£)
87,000
5,000
20,000
112,000|2024 (£)
85,000
7,000
25,000
117,000|
|---|---|---|
## 7. Reserves Policy
The Management Committee have set aside funds in note 6 to cover for sickness, new equipment and redundancy in the event of closure. The Committee feel it is prudent to keep at least 5 months running costs in unrestricted funds because of the timing of income.
**5**