ST MARY'S PRE-SCHOOL PLAYGROUP
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
Charity number: 1072893

ST MARY'S PRE-SCHOOL PLAYGROUP
CONTENTS
FOR THE YEAR ENDED 31 AUGUST 2022
Page
Report of the Trustees
Receipts and Payments Account
Sts18menl of Assets and Liabilities
Indepen(18nl Examin8r's Report

ST MARY'S PRE-SCHOOL PLAYGROUP
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2022
The Trustees are pleased to present their report. together with Ihe fin8nclal statements for the year ended 31
August 2022.
Reference and administration details
St Mary s Pre-school Playgroup
Charity name..
Charity registration number:
1072893
Address of Charity-
St Mary's Church Hall
322 Woodbridge Road
Ipswich
IP4 4BD
Trustees:
T Underwood
{Chairl (Resigned and re-appointed
1310712022)
(Treasurer) (Resigned and re-appointed
13107120221
Isecrelaryl (Resigned and re-appolnled
13107120221
J Sloggell
L Underwood
Committee members..
H Turnball
J Wilkie
F Wllkie
J Al Kero
Support team..
E Jessop
H Stoggell
G Crookes
P Crabb
(Shared Deputy and Pr&Scho(A Manager)
(Shared Deputy and Pre-school Manager
(Committee Support Assistant)
(Pre-school Business Manager)
Independent examiner..
L Thurston FCCA
Lovewell Blake LLP
First Floor Suite
Unil 2 Hillside Business Park
Bury St Edmunds
IP32 7EA

ST MARY'S PRE-SCHOOL PLAYGROVP
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2022
Objectives and actlvFties
The primary purpose of the Charity is to help children and young people with educational trainlng, by providing
pre-school care lor children aged two lo five years old for eight sessions per week. Each session lasts for three
hours and a lunch club is also provided. if required, three days per week.
The Charity aims lo enhance the development and education of children primarily under statutory school age
by encouraging parents lo understand and provtde for the needs of their children through community groups.
The Charity raises additional funds from Uie public lo support the activities of the Charity bul does not work with
commercial participators. The ptsrposes of the Charity are exciusively charitable and the financial slalemenls
have been prepared in accordance with the requirements of the Charities Act 2011 {'Iho Acl'l.
In planning the objectives and activities of the Charity. the Trustees have revi8wed the guldance provided by
the Charity Commisslon.
Achievements and performance
Most notab￿. this financial year has seen an increase in the pre-school's Otsied r81ing to 'Cood'. This marks a
significant achievement and considerable progress against our organisational goals. It has been Tro small feat
given the local and national challenges faced by the early years sector.
Against the backdrop of increasingly difficult societal uncertainly. it has been a challenging year financially.
However, we have faced these challenges head-on to end the financial year in a less precarious position than
expected. A significant and concerning deficit was predicted at the oulsel of the financial year, bul through hard
work and diligence the pre-school has managed lo end with a much smaller deficit than expected. As we
continued lo address the fallout from the global pandemic. our focus has remained on ensLtring the wellbeing of
the children and their families as we have spent time, efft)rt and resource lo support all those associated with
the setting. The forecast deficit has provided an additional challenge lo our ability lo progress and grow the
setting. This. coupled with restrictions on growth and development from circumstan￿S beyond the control of
the pre-school. have provided (and will continue lo provide) an umbrella of uncertalnty regarding our longer-
term prospects.
Nonetheless, once again the staff. managem8nl and committee have been able lo reflect on our successes and
areas for developm8nl as we sought to improve stand8rds not for ratings, bul for the children accessing our
service.
Overall, the setting has provided a safe, stable and consistent environment for our children and their families.
The staff, management and committee have worked hard to ensure our focus remained on the children in our
charge.

ST MARY'S PRE-SCHOOL PLAYGROLIP
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2022
Flnancial review
The year ending 31 August 2022 was extremely ch8llen9ing for the preschool. we had budgeted a deficit of
£12.298 bul ended with a deficit of £22.766. Most years the initial budget is a deficit, bul w8 generally manage
lo turn this around during the year in lop a small surplus. This year that was nol to be.
Income was as budgeted however salaries were up over 18% {£11,818)- Other expense categories
experienced some positives and negatives but materially the difference between actual and budgeted comes
down to the additional salaries paid.
The year commencing 2022 is looking much more promising and we hope this comes to fruition.
Structure, governanGe and management
Govgrnlng document
Sl Mary's Pre-school Playgroup was established on 10 December 1988. Ils conslilulion,. the 'Pre-School
Learning Alliance Constitution Document January 2016, was registered with the Charity Commission
(registration number 10728931 on 29 February 2016.
Appointment and recruitment of Trustees
Trustees are appointed al the Annual General Meeting and the Trustees can co-opt up to 3 further Trustees
any lime after the AGM. The minimum numbers of the Committee. including Trustees and Members is 5 and
the maximum is 12, together with up lo a further 3 co-opted members. The Trustees of the Charity are currently
all parents of current children or parents of previous children. The one exception lo this is, the current Treasurer
who was co-opted in March 2020 due to his background in finance and following the resignation of the previous
Treasurer.
Trustees. induction and tralning
All new Trustees will be provided with a Committee Welcome Pack which includes copies of..
The Charily's constitution
The latest accounts of the Charity
Code of conduct
Confidentiality agreement
Trustegs are er¢couraged to read Charity Commission guidance notes CC3 - "The Essential Trustee. what you
need to know, what you need lo do" and PB3 -"Public benefit. Reporting"
In addilion. Truslees are encouraged to read Charity Commission and other newslellers and lo attend Gourses
designed lo keep them abreast of their duties and Tesponsibilities.
Organisational structure
The Trustees administer the Charity and meet regularly thoughl-out the year. During these meetings all
charitsble matters are discussed including the raising of funds, income slruclure, ongoing performance 8nd lo
approve forthcoming charitable expenditure.
The Charity monitors performance against budgeted largels and reports annually al the Annual General
Meeting where Trustees, resignation and appointments are made in line with the ne￿SSarY roles and
requirements of the foreseeable future.

ST MARY'S PRE-SCHOOL PLAYGROUP
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2022
Risk management
Management ha5 reviewed the m8jor risks lo which the Charity is exposed. Where appropriate, systems or
procedures have been established lo mitigate Ihese risks. Sl Mary's Pre-school Playgroup benefits from a
diligent and dedicaled team of Trustees. Costs are closely monitored lo ensure the Charity operates within its
means whilst taking into account other key factors including qualty of provision. The Charity maintain5 a
separate bank account lo cover ils reserves, all ol which minimise its exposure to 11sk.
The Charity's intemal policles in place to miligale risk are listed on the Charity's webslle and summarised
below..
Children's right and enlitlemenls.
Safeguarding children, young people and
vulnerable adults.
Looked after children.
Uncollected Children.
Missing child.
Online safgly policy including use of mobile
phones and cameras.
Employment.
Student placements.
Induction of employees and volunteers.
First aid.
The role of the key person and sellling in.
Staffing.
Administering medicines.
Managing children who are sick, infectious
or with allergies.
Recording and reporting accidents and
incidents.
Nappy changing.
Food and drink.
Food hygiene.
Promoting positive behaviour.
Health and safety general standards.
Risk assessments.
Maintaining children's safely and security
on premises.
Sup8rvising children on outings and visits.
Fire safety and emergency evacuation.
Animals in the selling.
Smoking.
Staff safely Including home visits.
Valuing diversity and promoting inclusion
and equality.
Supporting children with SEND.
British values.
Admissions polloy.
Parental involvement.
Children's records.
Provider records.
Transfer of records to school.
Confidenllally and client access to records.
Information sharlng.
Working in partnership wlth other agencies.
Making a cofflplainl.
Payment policy.
Financial reserves F￿licY.
Trustees expenses policy.
Conflict of interest policy.
Related party transa¢tioTrs
During the year the charity paid H Sloggell amounts for employment services £11.309 {2021= £11,771). H
Stoggell is related lo the Trustee J Sloggell. There were no other related party transaction in this or the prior
year.

ST MARY'S PRE.SCHOOL PLAYGROUP
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2022
Rese￿eS policy
The Charity's reserves policy is to maintain reserves al a level adequale to protect ils ongoing work from
significant fluclualions in service income. This policy is reviewed annually. The Charity aims lo hold sufficient
reserves lo cover Ihree months, running Gosls plus statutory redundancy costs. This value is set aside in a
separate bank account which totals £42,81012021.' £42,805) al the year end. The committee recommend that
£2,690 (2021: £2.6951 be Iraftsferred from the year end surplLJS lo top up the reserve account to the required
level of £45,50012021'. £45,500)-
At the year end. the Charity has lolal reserves of £70.241 12021= £90,982) of which £Nil is reslricled. The
reseryes of the Charity are therefore adequate and the Tfustees consideT that the Charily will continue as a
going concern for the foreseeable future. There are no material uncertainties about the Charity's abilily to
conlinue.
Plans for future perlods
It is the Trustees. intention that the Charity will continue to provide services in line with the objectives and
activities as noted in these financial sialemenls.
The charity is focused over the next financial year on a number of key areas aimed al protecting the pre-
school's financial position, improving the qual'ty of provision and developing opportunitles for growth and
stability.
One of the biggest challenges that will be faced in the year 2022 123 will be the increases in overheads,
restriction on our abilty to offer a full 30-hour setting and an uncertain early years environment.
To attempt to miligale the external factors impacting our financial stability we wlll continue to implement
ffleasures lo redu￿ expenditure and increase our financial robustness. Attention will be further directed
towards business development and identifying effective marketing strategies over the coming year. This
includes updating our corporate image. branding and digital presence
an area considered to be of
importance, particulayly given the changes lo service user behaviouTS land an area the previous financial year
did not permit sufficient progress on).
Trustges
The current Trustees are shown in the ref8rence and administration details ol these accounts, including those
who have served during the y8ar and any appointment and resignation dales as required.
Public ben8fit
The Trustees have considered the Charity Commission's guidance on public benefit. They confirm that in
planning and carrying out the Charity's activities they have had regards to this guidance.

ST MARY'S PRE-SCHOOL PLAYGROUP
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2022
Independent examiner reappointment
A resolution to appoint L Thurslon FCCA of Lovewell Blake LLP as independent examiner will be proposed al
the next Annual General Meeting.
The Trustees, annual report was approved on 2g ￿0￿¢ loE5
by..
and signed on behalf of the board of Trustees
T Underwood (Chair
Trustee

ST MARY'S PRE-SCHOOL PLAYGROUP
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2022
2022
Unrestricted Restricted
2021
Unrestricted Restrlcted
Total
Total
Rèc•lpts:
F8es rec8ived
Granl income
Fundraising
Training subsidy
Interesl received
Higher tariff need8
other
75,539
75.539
113,254
10.000
330
824
121
113.254
10.000
330
824
121
6,075
469
469
90
90
6.075
Total Receipts
Payments..
7.705
98,354
2,320
2,754
901
27
1,563
853
8.430
Rent
Wages
Consumables
Management and admin
Enrolment and insuian
Fundraising expenditure
Tr8ining expenditure
Small equipment
Other
6.272
78,442
1,883
1,716
3.307
456
1,096
160
5.447
6,272
78,532
1,883
1,716
3,307
456
1,096
160
5,447
7.705
92,279
2.320
2.754
901
27
1,563
853
8,430
6,075
Asset and other costs
Total Payments
N8t
Ipayment5llrecÈlpts
Transfer tollfroml funds
(Deflcitllsurplus for the
year
9,094
122,7661
(22,7661
9,094
Cash and bank balances
Jt 31 Augusl 2021
109,217
109,217
100,123
100,123
Cash and bank
balances at 31 August
2022

ST MARY'S PRE-SCHOOL PLAYGROUP
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 AUGUST 2022
Unrestricted Funds
2022
2021
Cash lunds
Bank current account
10
2022
2021
Other monetary assets
Prepayments
16
2022
2021
Assets retained for the Charity's own use
Furniture and equlpment
Al cost
Al Net book value
10,414
10,414
2022
2021
Llabllitles
Accruals
Other creditors
Deferred income
3,337
2.151
These financial sl
reap
é Trustees on .76 trt5
and are signed on their behalf by-.
T Unde￿Ood (Chair)
Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
ST MARY'S PRE-SCHOOL PLAYGROUP
I report to the Charity Twstees on my examination of the accounts of the Charity for the year ended 31 August
2022 which are sel out on the afore mentioned pages of these financial slatemenls.
Responsibilities and basts of report
As the ChaTity's Trustees you are responsible for the preparation of Ihe accounts in accordance with the
requirements of the Charities Act 2011 {'Ihe Acl'l.
I report in respect of my examination of the Charil￿S accounts carried out under section 145 of the Act and in
carrying out my examination I have followed all the applicable Directions given by Ihe Charity Commission
under section 145(51{bl of the Act.
Independent examlner's ststement
I have completed my examination. I confirm that no material mallers have come to my attention in connection
with the examination glving me cause to believe that in any material respect..
aceounting records were not kept in respect of the Charity 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 wilh the applicable requiiemenls concerning the form and conlenl of accounts
sgt out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a 'lrue and fair view. which is not a matter considered as part of an independenl examination.
I have no concerns and have come across no other mallefs in connection with the examination lo which
attention should be drawn in this report in order to enable a proper undeTstsnding of the accounts to be
reached.
L Thurslon FCCA
Independent examiner
Lovewell Blake LLP
First Floor Suite
Unit 2 Hillside Business Park
Bury St Edmunds
IP32 7EA
28 June 2023