Trustees Annual Re ort BURDErr ESTATE PLAYGROUP Charity Number 1075458 51 Bow Common Lane, London E34AU CHAIRS, MANAGERS & STAFF REPORT April 2023- March 2024 Charity Trustees Rufus Clarke- Chairperson Kim Arrowsmith- Secretary Beverly Webb-Trustee Leora Semple-Morris-Trustee Burdett Playgroup is a community playgroup providing early education for children under 5 years old. The playgroup was originaLly started in the 1960's and was originally run by Save the children Fund. Thiswas handed overto local communityto run in 1998 and was for a number of years part of the Local community centre. In 1999 the playgroup became an independent charity and took responsibility for itself. This has worked well over the years and continues to work now. We have consistent staff and trustees who continue to steerthe way. We continue to have our old building but make significant use of it, yes it does consistentLy need maintenance, but it is well used, and we have and make use of an amazing outside area thatthe children spend much time in. We have had another good yearwith high numbers of children attending and whilst we have spent money on the building, equipment, and resources we still show a healthy account. One of ourveryvalued and long-standing staff members has moved on. We miss her butwish herwell in herfuture endeavours. We have recruited two apprentices, and they are both doing well. We have started to see the increase in demand due to the governmentfunded hours now available to parents of allworking 2-year-olds and we are trying to accommodate their hours where possible. It is a slow process for us, but we will adapt to the change in local demands whereverwe possible can. We are considering offeringthe additional 15 hours as it becomes available to children of working parents and offering this over two sessions each day. We have continued to see all the children attending the playgroup develop their skills, we have had lots of idea's steered by the children and through staff observations. It is still an honour to watch children attending the setting grow and develop over their time at playgroup and be school ready and prepared for the next big experience. We continue to ceLebrate festivals and celebrations alongside awareness raising days- Sports relief. Comic Relief, World Book Day, Children in Need etc. We are proud ofthe diverse communitywe serve and the welcome that all the families give to each other and others from further away in the borough. We have continued to develop and train our staff. Both staff are embarking on a training programme over the next few weeks that will take them through to the Autumn term until they complete this training. We will also ensure that our apprentices attend some ofthe mandatarytraining required as part oftheir course, this is alongside the continuous training they receive from the training provider that we use for apprenticeship training. We are all proud of our staff and their achievements and thank them again for their dedication and commitment thatthey have again shown throughout the year. We would like to thank everyone that has been involved in the smooth running of the playgroup for another year, especially: . Poplar HARCA Best Practice Network-Training LBTH- Early Years Service R. Clarke Chairperson BURDETT ESTATE PLAYGROUP MENT OFA FOR THE YEAR ENDED MAR 2024 Registered charity No. 1075458 ent Examiner. C Zielinski AIPFM 6 Netherblane Blanefield Glasgow G63 9JW BURDETT ESTATE PLAY ROUP TRusfEES AND ADVISO R THE YEAR ENDED 5tMA 2024 chal￿erSon. Mr Rufus Clarke Secretary: Ms Kim Arrowsmith Trustees: Ms Beverley Webb Ms Leora Semple-morris Independent Examiner: C Zielinski AIPFM Bankers: HSBC Bank PLC 465 Bethnal Green Road Bethnal Green London E2 9QW Registered Address: Burdett Playgroup 51 Bow Common Lane London E3 4AU 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, subjecl to any material departures disclosed and explained in the financial statements. Prepare the financial statements on the going concem 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 sieps for the prevention and detection of fraud and other irregularities. Approved by the Committee on: Chair.. INDEPENDENT EXAMINER, REP TO THE MEMBERS OF BURDETT ESTATE PLA FOR THE YEAR ENDED 31st RCH2 ROUP I report on the accounts of the charity for the year ended 31" March 2024, which are set out on pages 3 to 5. iv 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 particular matters have coine to my attention. In My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounling records kept by the charity and a comparison of the accounts presented with ihose records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such Inatters. The procedures undertaken do not provide all the evidence ihat would be required in an audit and, onsequently, I do not express an audit opinion on the accounls. In In the course of 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 Inet 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 in order to enable a proper understanding of the accounts to be reached. C Zielinski AIPFM 6 Netherblane Blanefield G5asgow G63 9JW 20 May 2024 URD TT ESTATE PLAYGROUP RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 1st MARCH 2024 2024 (£) 2023 {£) Opening balance (note 3) 207240 187296 Add: Recei ts London Borough Tower Hamlets.. NEG 3-4 years NEG2 Inclusion funding Growthlsupplementary funding Business rates refund Parent contributions (fees) Bank interest 36,040 64,750 1,000 8,378 42,730 50,044 1,500 2,617 1,988 3,638 512 52 2,288 TOTAL RECEIPTS 112 508 103 029 Less: Pa ments Wages and National Insurance Utilities Rent (note 6) Equipment Materials and stationery Cleaning Milk and food Insurance Independent examiner's fee Registration fees and membership Refuse collection Repairs and decorating Bank charges DBS 69,253 1,670 1,100 18,346 2,112 412 2,986 960 650 188 115 264 60 67,528 1,257 2,200 1,495 709 443 2,952 852 650 178 101 60 13 1,188 2,600 300 Professional fees-lease Replacement heaters Parties and outings Training Miscellaneous 400 35 1,273 559 TOTAL PAYMENTS Closing balances (note 3) 219 924 207 240 BURDETT ESTATE PLAYGROUP TEM NT OF ASSETS AND LIA AT 1st MAR 24 2024 (£) 2023 (£) MONETARY ASSETS Cash at bank and in hand 219,924 207,240 TOTAL CASH 219 924 207 240 OTHER MONETARY ASSETS Prepayments (note 6) 1,700 1,000 OTHER ASSETS The charity owns numerous iiems of play equipment (note 2) 12,850 3,450 TOTALASSETS 234 474 211690 LIABILITIES Creditors TOTAL LIABILITIES NET ASSETS 234 474 211690 Represented by: Equipment fund (note 2) Designated funds (note 4) Unrestricted funds (note 5) 12,850 130,000 91,624 3,450 130,000 78,240 234 474 211690 Approved by Committee: Date: URDETT ESTATE PLAY RO OTES TO THE ACCOUNT 1st MA H 2024 l. Accountin 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 based on last year plus additions. less 25 % depreciation. This amount is set aside in reserves. as it has already been expended. 3. Cash at bank 2024 (£) 2023 (£) Cash at bank - business no notic¢ Cash at bank - community account Cash in hand 86,342 133,559 23 75,946 131,271 23 219 924 207 240 4. Desi nated Funds Equipmeni fund (new) Redundancy Sickness cover Training 15,000 65,000 40,000 i 0,000 15,000 65,000 40,000 10,000 130 000 130 000 5. Reserves Polic The Committee have set aside monies for redundancy in the event of closure, as well as cover for sickness. The unrestricted funds represent 39 weeks running costs, necessary to ensure the group has adequate cash flow throughout the year. 6. Pre Rent ments 400 400 Salary advance 1,300 600 BURDETT ESTATE PLAYGROUP MENT OFA FOR THE YEAR ENDED MAR 2024 Registered charity No. 1075458 ent Examiner. C Zielinski AIPFM 6 Netherblane Blanefield Glasgow G63 9JW BURDETT ESTATE PLAY ROUP TRusfEES AND ADVISO R THE YEAR ENDED 5tMA 2024 chal￿erSon. Mr Rufus Clarke Secretary: Ms Kim Arrowsmith Trustees: Ms Beverley Webb Ms Leora Semple-morris Independent Examiner: C Zielinski AIPFM Bankers: HSBC Bank PLC 465 Bethnal Green Road Bethnal Green London E2 9QW Registered Address: Burdett Playgroup 51 Bow Common Lane London E3 4AU 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, subjecl to any material departures disclosed and explained in the financial statements. Prepare the financial statements on the going concem 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 sieps for the prevention and detection of fraud and other irregularities. Approved by the Committee on: Chair.. INDEPENDENT EXAMINER, REP TO THE MEMBERS OF BURDETT ESTATE PLA FOR THE YEAR ENDED 31st RCH2 ROUP I report on the accounts of the charity for the year ended 31" March 2024, which are set out on pages 3 to 5. iv 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 particular matters have coine to my attention. In My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounling records kept by the charity and a comparison of the accounts presented with ihose records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such Inatters. The procedures undertaken do not provide all the evidence ihat would be required in an audit and, onsequently, I do not express an audit opinion on the accounls. In In the course of 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 Inet 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 in order to enable a proper understanding of the accounts to be reached. C Zielinski AIPFM 6 Netherblane Blanefield G5asgow G63 9JW 20 May 2024 URD TT ESTATE PLAYGROUP RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 1st MARCH 2024 2024 (£) 2023 {£) Opening balance (note 3) 207240 187296 Add: Recei ts London Borough Tower Hamlets.. NEG 3-4 years NEG2 Inclusion funding Growthlsupplementary funding Business rates refund Parent contributions (fees) Bank interest 36,040 64,750 1,000 8,378 42,730 50,044 1,500 2,617 1,988 3,638 512 52 2,288 TOTAL RECEIPTS 112 508 103 029 Less: Pa ments Wages and National Insurance Utilities Rent (note 6) Equipment Materials and stationery Cleaning Milk and food Insurance Independent examiner's fee Registration fees and membership Refuse collection Repairs and decorating Bank charges DBS 69,253 1,670 1,100 18,346 2,112 412 2,986 960 650 188 115 264 60 67,528 1,257 2,200 1,495 709 443 2,952 852 650 178 101 60 13 1,188 2,600 300 Professional fees-lease Replacement heaters Parties and outings Training Miscellaneous 400 35 1,273 559 TOTAL PAYMENTS Closing balances (note 3) 219 924 207 240 BURDETT ESTATE PLAYGROUP TEM NT OF ASSETS AND LIA AT 1st MAR 24 2024 (£) 2023 (£) MONETARY ASSETS Cash at bank and in hand 219,924 207,240 TOTAL CASH 219 924 207 240 OTHER MONETARY ASSETS Prepayments (note 6) 1,700 1,000 OTHER ASSETS The charity owns numerous iiems of play equipment (note 2) 12,850 3,450 TOTALASSETS 234 474 211690 LIABILITIES Creditors TOTAL LIABILITIES NET ASSETS 234 474 211690 Represented by: Equipment fund (note 2) Designated funds (note 4) Unrestricted funds (note 5) 12,850 130,000 91,624 3,450 130,000 78,240 234 474 211690 Approved by Committee: Date: URDETT ESTATE PLAY RO OTES TO THE ACCOUNT 1st MA H 2024 l. Accountin 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 based on last year plus additions. less 25 % depreciation. This amount is set aside in reserves. as it has already been expended. 3. Cash at bank 2024 (£) 2023 (£) Cash at bank - business no notic¢ Cash at bank - community account Cash in hand 86,342 133,559 23 75,946 131,271 23 219 924 207 240 4. Desi nated Funds Equipmeni fund (new) Redundancy Sickness cover Training 15,000 65,000 40,000 i 0,000 15,000 65,000 40,000 10,000 130 000 130 000 5. Reserves Polic The Committee have set aside monies for redundancy in the event of closure, as well as cover for sickness. The unrestricted funds represent 39 weeks running costs, necessary to ensure the group has adequate cash flow throughout the year. 6. Pre Rent ments 400 400 Salary advance 1,300 600