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2021-03-31-accounts

Vernon Road Bow

London

E3 5HQ

0208 – 981 – 7516

vernonplaygroup@btinternet.com

Monday 22[nd] November 2021

Trustee’s report

The past year has still been stressful due to the COVID-19 pandemic and measures still being in place. The same measures were put in place to protect staff, children and parents.

Due to the pandemic interest in nursery places we limited however our waiting list is growing and we have had a lot of enquiries for spaces.

We have been lucky enough to still secure some inclusion funding, enabling us to employ a member of staff and purchase some equipment. Using this funding we have also been able maintain the much needed sensory room. Which has been very positive for our children.

Fundraising has still proved difficult due to the pandemic but we are hoping to host a few virtual raffles.

Children’s numbers have increased this year due to some restrictions lifting. There was been a quick waiting list turn over as school now place two year olds

Playgroup staff and the committee are meeting regularly to plan the next fundraising steps and budgeting as stated above we hope to hold some virtual raffles. Leigh is working to make links with local businesses for some financial support.

Trustees and staff are attending training to increase their knowledge and understanding of better financial management this has been done virtually.

Kind Regards

Treasurer of Vernon Playgroup

Sharon Hartman

VERNON PRE-SCHOOL PLAYGROUP

UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

Avenir Accountants Limited

Trading As Avenir 13 - 17 High Beech Road Loughton Essex IG10 4BN

VERNON PRE-SCHOOL PLAYGROUP

CONTENTS

Page
Accountants' report 1
Profit and loss account 2
Balance sheet 3

VERNON PRE-SCHOOL PLAYGROUP

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE PROPRIETOR ON THE UNAUDITED ACCOUNTS OF VERNON PRE-SCHOOL PLAYGROUP

In accordance with the engagement letter dated 27 September 2016, we have prepared for your approval the accounts of Vernon Pre-School Playgroup for the year, set out on pages 2 to 0 from the entity’s accounting records and from information and explanations you have given to us.

This report is made solely to you, in accordance with the terms of our engagement letter dated 27 September 2016. Our work has been undertaken solely to prepare for your approval the accounts of Vernon Pre-School Playgroup and state those matters that we have agreed to state to you in this report in accordance with the guidance of ICAEW as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than you, for our work or for this report.

Avenir Accountants Limited

30 July 2021

Chartered Certified Accountants

13/17 High Beech Road Loughton Essex IG10 4BN

VERNON PRE-SCHOOL PLAYGROUP

DETAILED TRADING AND PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2021

Turnover
Fees received
Grants received
Administrative expenses
Wages and salaries
Staff pension costs
Rent and rates
Toys and equipment
Insurance
Repairs and cleaning
Printing, postage and stationery
Telephone
Accountancy
Sundry expenses
Subscriptions
Operating profit
2021
£
£
5,147
153,547
158,694
94,766
1,170
3,920
19,275
260
1,657
132
766
390
2,803
40
(125,179)
33,515
2020
£
£
4,154
154,781
158,935
87,820
1,000
4,075
16,783
258
1,365
122
731
390
1,050
499
(114,093)
44,842

VERNON PRE-SCHOOL PLAYGROUP

BALANCE SHEET

AS AT 31 MARCH 2021

Notes
Current assets
Trade debtors
Other debtors
Cash at bank and in hand
Current liabilities
Accruals
Net current assets
Capital account
At 1 April 2020
Profit for the year
2021
£
-
33,079
200,900
233,979
360

£
233,619
200,104
33,515
233,619
2020
£
1
9,014
191,449
200,464
360

£
200,104
155,262
44,842
200,104

In accordance with the engagement letter dated 27 September 2016, I approve the accounts set out on pages 2 to 0. I acknowledge my responsibility for the accounts and for providing Avenir Accountants Limited with all information and explanations necessary for their compilation.

Date : 26 July 2021

VERNON PRE-SCHOOL PLAYGROUP

UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

Avenir Accountants Limited

Trading As Avenir 13 - 17 High Beech Road Loughton Essex IG10 4BN

VERNON PRE-SCHOOL PLAYGROUP

CONTENTS

Page
Accountants' report 1
Profit and loss account 2
Balance sheet 3

VERNON PRE-SCHOOL PLAYGROUP

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE PROPRIETOR ON THE UNAUDITED ACCOUNTS OF VERNON PRE-SCHOOL PLAYGROUP

In accordance with the engagement letter dated 27 September 2016, we have prepared for your approval the accounts of Vernon Pre-School Playgroup for the year, set out on pages 2 to 0 from the entity’s accounting records and from information and explanations you have given to us.

This report is made solely to you, in accordance with the terms of our engagement letter dated 27 September 2016. Our work has been undertaken solely to prepare for your approval the accounts of Vernon Pre-School Playgroup and state those matters that we have agreed to state to you in this report in accordance with the guidance of ICAEW as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than you, for our work or for this report.

Avenir Accountants Limited

30 July 2021

Chartered Certified Accountants

13/17 High Beech Road Loughton Essex IG10 4BN

VERNON PRE-SCHOOL PLAYGROUP

DETAILED TRADING AND PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2021

Turnover
Fees received
Grants received
Administrative expenses
Wages and salaries
Staff pension costs
Rent and rates
Toys and equipment
Insurance
Repairs and cleaning
Printing, postage and stationery
Telephone
Accountancy
Sundry expenses
Subscriptions
Operating profit
2021
£
£
5,147
153,547
158,694
94,766
1,170
3,920
19,275
260
1,657
132
766
390
2,803
40
(125,179)
33,515
2020
£
£
4,154
154,781
158,935
87,820
1,000
4,075
16,783
258
1,365
122
731
390
1,050
499
(114,093)
44,842

VERNON PRE-SCHOOL PLAYGROUP

BALANCE SHEET

AS AT 31 MARCH 2021

Notes
Current assets
Trade debtors
Other debtors
Cash at bank and in hand
Current liabilities
Accruals
Net current assets
Capital account
At 1 April 2020
Profit for the year
2021
£
-
33,079
200,900
233,979
360

£
233,619
200,104
33,515
233,619
2020
£
1
9,014
191,449
200,464
360

£
200,104
155,262
44,842
200,104

In accordance with the engagement letter dated 27 September 2016, I approve the accounts set out on pages 2 to 0. I acknowledge my responsibility for the accounts and for providing Avenir Accountants Limited with all information and explanations necessary for their compilation.

Date : 26 July 2021