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2021-04-05-accounts

Trustees’ Annual Report for the period

From 06 Apr 2020 Period start date To 05 Apr 2021 Period end date Charity name: Moonbeams Playgroup

Charity registration number: 1068848

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The development and education of children
under statutory school age. We do this by:
(a) helping parents to understand and provide for
the needs of their children;
(b) identifying and encouraging study of the
needs of such children and their families and
promoting public interest in and recognition of
such needs in our local community;
(c) offering appropriate play, educational and
care facilities;
(d) providing opportunities for family learning
together with the right of parents to take
responsibility for and to become involved in the
activities of such groups, ensuring that such
groups offer opportunities for all children
whatever their race,culture, religion, means or
ability;
(e) Instigating, adhering to and furthering the
aims and objectives of the Early Years Alliance.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.
Para 1.17 and
1.19
We encourage children to be confident,
independent and lifelong learners in a safe,
welcoming and nurturing environment.
We follow the statutory framework set out to
support the Early Years Foundatoin Stage to
provide children in our care with the high quality
early learning to give them the best possible start
in their learning journeys.
We promote kindness and resilience in the
children in our care. We believe strongly that
children learn best when at play and we offer our
children a variety of learning opportunities and
experiences.
We have developed and follow a comprehensive
set of policies to ensure that we are delivering
the best possible care to our children within our
setting.
We work alongside parents/carers to find more
ways to encourage their input for the children’s
learning journeys and to be involved with the Pre-
School.
We continue to develop real-time conversations
with parents to provide a comprehensive picture
of the children’s development and to identify
areas where we can provide specific support.
We encourage parents to approach staff with any
concerns they may have about their children’s
development or well-being. Our welcoming ethos
extends to parents and carers.
Our staff work alongside families and can call on
a variety of other professionals where need is
indicated. We have put in place an ‘open-door’
policy for parents/carers to talk to staff.
We continue to work to improve parental
engagement and involvement with their children’s
development. The Covid-19 pandemic has
presented some challenges to us in this respect
as we have sought to engage with families
online.
The pandemic has curtailed many of our
customary local community engagements – we
have not been able to take part in visits to our
local care-home for example. Other activities that
we would normally take part in to raise the profile
of the charity (eg, the local carnival) were
cancelled. It was not possible to put on our usual
small-scale fundraising activities.
While the pandemic restricted some of our
activities, staff have done their utmost to keep
things as near to normal as possible for the
children attending when we were able to open up
in September 2020. Staff have worked hard to
address the additional constraints and
administrative measures required to provide a
‘Covid-safe’ environment for the children,
including additional cleaning
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 Guidance on public benefit has guided actions of
the trustees.

Additional information (optional) You may choose to include further statements where relevant about:


SORP reference
Policy on grant making Para 1.38 Not applicable.
Policy on social investment
including program related
investment
Para 1.38 Not applicable.
Contribution made by
volunteers
Para 1.38 Events and activities at which our members and
parents volunteer have been curtailed by the
pandemic in this reporting peroiod.
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 Despite additional operational and administrative
burdens placed on our setting by the pandemic,
the PreSchool has remained open since
returning after the summer break in September
2020.
We have provided as normal an environment as
possible for the children in our care whilst
working within the confines of our risk
assessment.

Additional information (optional)

You may choose to include further statements where relevant about:


Achievements against
objectives set

Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41

Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 Financial accounts for the year end April 2021
showed a surplus of £16K. Note: this surplus
does not represent a major turnaround in the
finance of the PreSchool – this is just a reflection
of the particular circumstances posed by the
Covid-19 pandemic. The apparent surplus
reflects savings of:

Around £4K in rent – the PreSchool was
closed from March through to September
2021 during which time no rent was due
to BSNC.

Around £12K in staff costs – the
PreSchool had one member of staff who
was shielding throughout and so
received 28 weeks’ SSP rather than full
salary.
Surplus funds have been accumulated in the
PreSchool Reserve account which now holds a
balance of £35K. We expect to draw down much
of these reserves to cover costs as normal day-
day running of the PreSchool returns.
Looking ahead, as near-normal staffing occurs,
we are aware of significant increases to our
running costs. Next year will see a further rise in
minimum wage (and hence increase in PAYE/NI/
pension bill) and the additional cost of the rise in
NI announced this year. Both will have a major
impact on the monthly payroll costs. In the
absence of matching increases in funding rates,
it is anticipated that non-ringfenced reserves will
have to be used to fund day-day running costs.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 Reserves are held to cover costs associated with
wind-up of the charity, but may be used to meet
exceptional liabilities as and when they arise and
cover temporary gaps in cash flow.
Amount of reserves held Para 1.22 £34,327
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
Para 1.23 The major uncertainty we face is a funding gap
which means that reserves will be depleted. We
anticipate in the 21-22 financial year that we will
need to drawdown reserves to cover increased
concern staff costs and cover substantial increase in other
operational costs when the site redevelopment
goes ahead. Our headcount is currently low
which remains a concern in terms of receipt of
future funding.
Additional information (optional)
You may choose to include further statements where relevant about:
Additional information (optional)
You may choose to include further statements where relevant about:
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 Income derives from NEFs payments from Local
Authority for early years childcare provision.
Supplemented by fees charged for additional
hours and from parents of non-funded children.
The Charity has some limited fund-raising
activities which may involve parents/siblings(eg
parties for the children) or the wider community
(eg participation in fetes/raffles etc). These
activities are organised by volunteers on our
Management Committee working with our setting
Manager.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46 Retention of staff: recourse to agency staff to
cover for staff absence has significant impact on
the Charity’s costs.
Falling headcount: our long-term viability at the
current premises requires a full or near-full
headcount each term.
Continued availability of our current premises:
under one of the (many) options for development
of the local area currently being considered by
the local authority. We are actively engaged in
the consultation process and are beginning to
model the impact this may have on our longer-
term viability. As part of this process, we may
commence making enquiries about provision of
alternative premises in the area in order to
mitigate likely increases to overheads.
Given the location of the Pre-School in an area of
deprivation, large-scale fundraising is unlikely to
become a reliable source of revenue for our day-
day activities.
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Revised constitution adopted May 2018
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Unincorporated
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Trustees are elected from members or
associate members annually and any
member of the charity may put their name
forward for election at the AGM; our
constitution allows for a maximum of 12
members at any time. We currently have two
members of staff serving on the
management committee. All Committee
volunteers must obtain an enhanced DBS
which is registered with the update service.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction and
training of trustees
Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

Charity name Moonbeams Playgroup
Other name the charity uses Moonbeams Pre-School
Registered charity number 1068848
Charity’s principal address Buchan Street Neighbourhood Centre
6 Buchan Street
Kings Hedges
Cambridge CB4 2XF

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee(if any)
Heidi Scott Chair
Lynne Purchase Treasurer
Stephanie
Champion
PreSchool Manager
Kerry Ho PreSchool Deputy Joined Nov 2020
Dora Suberlak Member
Aimee Jakes Member
Alison Ash Member Stepped down Nov 2020
Danielle McClaren Member Stepped down Nov 2020
Corporate trustees–names of the directors at the date the report was approved Corporate trustees–names of the directors at the date the report was approved Corporate trustees–names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Heidi Scott Lynne Purchase Chair Treasurer Date 4[th] Nov 2021

Moonbeams Accounts 210405

Moonbeams Pre-School Accounts 2020-2021-Year Ending5th.April 2021
Restrict Fund General
Fund
Totals 05-Apr-20 05-Apr-19 05-Apr-18 05-Apr-17 05-Apr-16 05-Apr-15 05-Apr-14 05-Apr-13 05-Apr-12 05-Apr-11
b/f from lastyear £24,999.36 £4,363.28 £29,362.64 £33,117.16 £35,966.23 £14,387.53 £23,383.26 £34,868.37 £34,007.49 £47,803.90 £42,857.26 £34,309.58 £10,151.12
Income
Fees £4,133.75 £4,133.75 £9,996.95 £9,754.25 £9,490.77 £5,104.90 £5,148.76 £6,652.28 £14,963.78 £11,741.95 £16,715.29 £18,701.00
Funding £86,341.34 £86,341.34 £80,735.71 £81,610.85 £84,561.86 £56,946.45 £52,923.38 £58,999.52 £42,024.06 £51,858.52 £47,510.81 £55,237.78
Grants £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £2,000.00 £2,284.16 £0.00 £90.00 £0.00 £4,200.00
Fundraisingetc £0.00 £0.00 £0.00 £261.54 £638.87 £239.47 £71.53 £243.26 -£526.00 -£177.50 £1,046.11 £387.70 £1,097.81
Other Sundries £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
Other Income £319.48 -£159.74 £159.74 £420.00 £394.29 £109.28 £149.00 -£175.00 £174.50 £63.15 £73.53 £81.75 £0.65
-------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------
£90,794.57 -£159.74 £90,634.83 £91,414.20 £92,398.26 £94,401.38 £62,271.88 £60,140.40 £67,584.46 £56,873.49 £64,810.11 £64,695.55 £79,237.24
-------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------
Expenditure
Wages and Training £61,850.13 £61,850.13 £75,348.46 £71,855.08 £52,667.61 £52,633.56 £51,776.04 £53,698.03 £50,939.81 £48,574.47 £45,986.57 £41,188.57
Subcontract labour £781.56 £781.56 £2,673.35 £1,310.26 £2,388.81 4,162.40 6,367.09 1,662.60 £5,188.16
Rent £5,576.00 £5,576.00 £9,916.94 £11,252.22 £9,852.67 £9,745.86 £7,859.66 £7,701.80 £8,409.60 £7,481.29 £6,660.84 £6,840.00
Equipment etc £886.64 £886.64 £1,262.20 £4,523.33 £1,925.12 £1,735.75 £2,817.07 £1,310.58 £667.76 £653.00 £522.99 £4,919.92
Insurance £0.00 £0.00 £0.00 £607.65 £496.69 £587.03 £573.09 £557.90 £548.88 £519.41 £506.90
Professional Fees £660.00 £660.00 £720.00 £720.00 £3,079.92 600.00 480.00 600.00 £300.00 £0.00 £0.00 £0.00
Broadband and Phone £1,538.86 £1,538.86 £1,346.75 £1,369.80 £1,017.62 377.09 382.06 373.83 £396.64 £310.82 £283.38 £302.38
Sundries £0.00 £0.00 £82.78 £116.63 £69.77 £16.82 £0.00 £70.00 £940.00 £470.45 £440.00 £1,787.07
Other £2,546.86 £0.00 £2,546.86 £3,818.24 £3,492.36 £1,324.47 £1,409.10 £1,370.50 £748.84 £3,279.05 £1,854.03 £1,747.19 £40.84
-------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------
Totals £73,840.05 £0.00 £73,840.05 £95,168.72 £95,247.33 £72,822.68 £71,267.61 £71,625.51 £66,723.58 £70,669.90 £59,863.47 £56,147.87 £55,078.78
-------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------
c/f to nextyear £41,953.88 £4,203.54 £46,157.42 £29,362.64 £33,117.16 £35,966.23 £14,387.53 £23,383.26 £34,868.37 £34,007.49 £47,803.90 £42,857.26 £34,309.58
Represented by: Bank Reserve Account 34,326.91 23,336.65 24,936.65 19,899.00 10,099.00 20,399.00 20,399.00 £22,887.64 £25,771.02
Preschool 11,517.34 6,019.32 8,131.32 15,916.64 4,246.36 2,846.58 14,469.37 £11,119.85 £22,032.88
Cash 313.17 6.67 49.19 150.59 42.17 137.68 0.00 £0.00 £0.00
-------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------
£46,157.42 £29,362.64 £33,117.16 £35,966.23 £14,387.53 £23,383.26 £34,868.37 £34,007.49 £47,803.90
-------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- --------------
MOVEMENT IN FUNDS YEAR ON YEAR £16,794.78 -£3,754.52 -£2,849.07 £21,578.70 **-£8,995.73 ** -£11,485.11 £860.88 -£13,796.41 £4,946.64 £8,547.68

Page 1 of 2

Moonbeams Accounts 210405

Moonbeams Pre-School Accounts 2019-2020 Analysis of costs Moonbeams Pre-School Accounts 2019-2020 Analysis of costs Moonbeams Pre-School Accounts 2019-2020 Analysis of costs
2020-21 2019-20 2018-19 2017-18 2016-17 2015-16 2014-15 Accounts
Classif.
Restricted Funds AccountancyFees 660.00 720.00 720.00 2,520.00 600.00 480.00 600.00 Professional Fe AccountancyFees
Restricted Funds Bank Charges 0.00 0.00 0.00 63.12 126.08 113.57 78.10 Other Bank Charges
Restricted Funds Cash Paid Into Bank 0.00 0.00 0.00 0.00 139.00 0.00 0.00 Other Cash Paid In
Restricted Funds Environmental 712.71 526.64 479.19 315.00 0.00 0.00 0.00 Other Environmental
Unrestricted Funds Fund RaisingCosts 0.00 13.62 192.00 0.00 0.00 10.00 0.00 Other Fund RaisingCosts
Restricted Funds HMRC -1,531.34 5,566.60 5,006.14 -5,322.45 2,800.57 0.00 327.10 Wages and Trai HMRC
Restricted Funds Income-Bank Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Other Income Income-Bank Interest
Restricted Funds Income-Childcare Vouchers 0.00 0.00 -84.00 -247.50 0.00 0.00 -664.75 Funding Income-Childcare Vouchers
Unrestricted Funds Income-Commission 0.00 0.00 0.00 -14.42 0.00 0.00 -174.50 Other Income Income-Commission
Unrestricted Funds Income-Donations -159.74 -70.00 -394.29 -94.86 0.00 0.00 0.00 Other Income Income-Donations
Restricted Funds Income-EarlyYears 0.00 0.00 -271.35 -1,770.75 0.00 30.00 0.00 Fees Income-EarlyYears
Restricted Funds Income-Fees -4,133.75 -9,996.95 -9,482.90 -7,720.02 -5,104.90 -5,178.76 -6,652.28 Fees Income-Fees
Unrestricted Funds Income-Fund Raising 0.00 -261.54 -638.87 -239.47 -71.53 -243.26 0.00 Fundraisingetc Income-Fund Raising
Unrestricted Funds Income-Grants 0.00 0.00 0.00 0.00 0.00 -2,000.00 -2,284.16 Grants Income-Grants
Restricted Funds Income-Milk 0.00 -307.80 -388.90 0.00 0.00 0.00 0.00 Funding Income-Milk
Restricted Funds Income-NEF's -86,341.34 -80,427.91 -81,137.95 -84,314.36 -56,946.45 -52,923.38 -58,334.77 Funding Income-NEF's
Unrestricted Funds Income-Sponsor Money 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Other Income Income-Sponsor Money
Unrestricted Funds Income-Trips & Events 0.00 -350.00 0.00 0.00 -149.00 175.00 0.00 Other Income Income-Trips & Events
Restricted Funds Insurance 0.00 0.00 607.65 496.69 £587.03 £573.09 £557.90 Insurance Insurance
Restricted Funds Materials Equipment 886.64 1,262.20 4,523.33 1,925.12 1,735.75 2,817.07 1,310.58 Equipment etc Materials Equipment
Restricted Funds Milk 30.05 355.20 386.38 -21.31 21.86 -60.40 -514.42 Other Milk
Restricted Funds Other Expenses 1,252.76 2,451.84 1,545.30 486.40 1,567.47 1,702.62 1,693.06 Other Other Expenses
Restricted Funds Pension 1,972.48 2,528.00 1,490.74 444.47 179.27 0.00 0.00 Wages and Trai Pension
Restricted Funds Broadband and Phone 1,538.86 1,346.75 1,369.80 1,017.62 377.09 382.06 373.83 Broadband and Phone Charges
Restricted Funds Professional Fees 0.00 0.00 0.00 559.92 0.00 0.00 0.00 Professional Fe Professional Fees
Restricted Funds Query 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Other Query
Restricted Funds Rent 5,576.00 9,916.94 11,252.22 9,852.67 9,745.86 7,859.66 7,701.80 Rent Rent
Restricted Funds Agency 781.56 2,673.35 1,310.26 2,388.81 4,162.40 6,367.09 1,662.60 Subcontract
labour
Agency
Unrestricted Funds Sales-Fee Refunds 0.00 0.00 0.00 0.00 0.00 0.00 526.00 Fundraisingetc Sales-Fee Refunds
Restricted Funds Staff Training 278.00 536.00 377.00 1,238.38 305.74 196.00 441.00 Wages and Trai Staff Training
Restricted Funds Stationary 551.34 5.40 395.49 90.46 15.25 135.47 0.00 Other Stationary
Restricted Funds Subscriptions 0.00 0.00 0.00 390.80 0.00 0.00 0.00 Other Subscriptions
Restricted Funds Sundries 0.00 82.78 116.63 69.77 16.82 0.00 70.00 Sundries Sundries
Unrestricted Funds Transfer from reserves 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Other Transfer from reserves
Unrestricted Funds Trips & Events 0.00 465.54 494.00 0.00 126.47 42.33 50.00 Other Trips & Events
Restricted Funds Wages 61,130.99 66,717.86 64,981.20 56,307.21 49,347.98 51,580.04 52,929.93 Wages and Trai Wages
--------------- --------------- --------------- --------------- --------------- --------------- ---------------
-16,794.78 3,754.52 2,849.07 -21,578.70 9,582.76 12,058.20 -302.98
Unrestricted Funds -£159.74 -£202.38 -£347.16 -£348.75 -£94.06 -£2,015.93 -£1,882.66
Restricted Funds -£16,635.04 £3,956.90 £3,196.23 -£21,229.95 £9,676.82 £14,074.13 £1,579.68

Page 2 of 2

oon re-school Charity No. 1068848 & Lunch Club Buchan Street Nei9hbourhood Centre 6, Buchan Street, Cambridge, C84 2XF Tel: (01223) 727481 E-mail: moonbeams. reschool@ mail.com web-site: www.moonbeams-preschool.btck.co.uk To whom it may concem, I have prepared the enclosed accounts which I believe to be an accurate record of the finances of M¢Jonbeams Pre-school for the year 2020-2021. I have conducled an independent examination of the enclosed accounts of Moonbeams Pre-school in accordance with requirements laid down by the Charities Commission for England and Wales. Original documents have not been seen, but have used a spreadsh8et produced from within Moonbeams. Comments.. Reserves have increased by £16,794.78 within Financial Year 20121 Overheads are well controlled and as per comments in previous years the recording and narration within the books of a¢count continues lo be of a very high standard. Monthly payroll reconciliation has be8n carried out this year. which compares net wages and HMRC payments. This reconciled to the penny. SMP was also claimed Payroll r6cords show that £5.625.56 should have been claimed for tax year 20121, allhough £5.981.50 was actually re￿iVed due to an advance early claim, which no doubt was based on expected eamings for that year. An advance payment for tax year 21122 of £1.408.76 was also received. Signature Print Name MARTI SMITH (DALLAS AND MARTIN ACCOUNTANCY LTD Occupation ACCOUNTANT Date .AUGUST 2021 MCK￿l￿M8 PreSclK)ol Y88r-End Declarabon IIPag&