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2023-08-31-accounts

Sutton St. James Pre-School Playgroup Annual Report and Accounts For the Year Ended 31 August 2023 Registered charity number 1076912

SUTTON ST JAMES PRE-SCHOOL PLAYGROUP CONTENTS PAGE FOR THE YEAR ENDED 31 AUGUST 2023

Page

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||||||| |---|---|---|---|---|---| |1|Officials|and|Addresses| |2to3|Trustees’|Annual|Report| |4|Receipts|and|Payments Account| |5|Statement|of Assets|and|Liabilities| |6|to9|Notes|to|the|Accounts| |Schedule A|Independent|Examiner's|Report|

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SUTTON ST JAMES PRE-SCHOOL PLAYGROUP OFFICIALS AND ADDRESSES FOR THE YEAR ENDED 31 AUGUST 2023

Trustees

S Horsfield Chairman H Thorpe Vice Chairperson C Willows Secretary K Wallace Treasurer

D Clitheroe P Heanes D Harrison

Charity Address

Clo S Horsfield Sutton St James Pre-School! Playgroup Bells Drove Sutton St James Spalding Lincolnshire PE12 0JG

Independent Examiner

Peter R Wright (FCCA) Bulley Davey 1 - 4 London Road Spalding Lincolnshire PE112TA

Bankers

Barclays Bank Plc 8 High Street Holbeach Lincolnshire PE12 7DX

SUTTON ST JAMES PRE-SCHOOL PLAYGROUP TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Officers and addresses

Details of the charity's current serving officers, principal advisors and addresses are listed on page 1.

Governing document

The pre-school is a member of the Pre-school! Learning Alliance.

The pre-school is governed by its constitution dated 16 October 1997 which was amended on 10 May 1999 and 21 June 1999. The pre-school was registered with the Charity Commission on 5 August 1999, registered charity number 1076912.

Charity trustees

The Charity is administered by a committee consisting of trustees. The Committee meets at least three times a year and is responsible for ensuring that the pre-school complies with its aims and is properly managed.

Members of the Committee are of two kinds;

The members serving the charity during the year with dates of changes where relevant are as follows:-

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Name Office
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S Horsfield Chairman H Thorpe Vice Chairperson C Willows Secretary (appointed) S Cooper Treasurer (resigned) K Wallace Treasurer (appointed) K Dobney Resigned M Harrison Resigned B Richardson Resigned H Cooper Resigned S Morgan Resigned D Clitheroe Appointed P Heanes Appointed D Harrison Appointed

SUTTON ST JAMES PRE-SCHOOL PLAYGROUP TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023

Objectives & activities

The objectives of the pre-school is to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by;

This report covers our financial year from September 2022 until August 2023. The majority of our income is from government Early Year grants mainly for the 15 hours available to 3 and 4 year olds. This has risen significantly year-on-year ( 27% vs 5% previous year) due to increased child numbers. Income from parental fee contributions has risen by over £5k year on year which would be due to increases in the number of 2 year olds and children attending additional hours. There have been many fundraising initiatives this year, managed by staff, committee and members of the community. There have been regular Bingo events, which are well attended, have raised over £3k. Additional fundraising events organised by members of the community & committee have catered for every taste, with a quiz, an Afternoon Tea, Coronation Events and some Wrestling raising £1,700. The staff have also raised money with Comic Relief and Easter events, raising nearly £100. In addition to our fundraising, we have received a sizeable donation from the Sutton St James Bowls Club, which we are extremely grateful for. Moving onto our expenditure during the year. As would be expected wages are significantly higher year-on-year due to the increase in child numbers, but is in line with the increase in EY Grants and fees. (36% increase in wages and 29% total increase in EY grant/fees). Our resources spend has increased significantly but we have received more pupil premium, disability and inclusion funding which has then been spent on resources specifically with those relevant children in mind. Equipment is actually lower year-on-year, with purchases on an iPad, office chair, fridge and laptop. The increase in electricity year-on-year is due to the fact that from Dec 2022 our contract expired and we achieved the best deal possible, but in line with the current increase in tariffs, our new tarrif is significantly higher. As the portacabin is heated with electric heaters and poorly insulated, electrical costs will increase dramatically in the next financial year. Refreshments and supplies have risen slightly year on year as would be expected with extra children attending. Food prices have risen significantly but Helen has worked hard to shop around to try to keep costs as low as possible. Printing costs have risen significantly year-on-year due to extra printing over our set rental limits. This should be reviewed. Uniform costs have risen as expected with new numerous new members joining the team. Repairs are up significantly year on year with big jobs completed. These included: * The exterior fencing (many thanks to Duncan for completing this work) * The guttering & water butt being repaired and installed. Many thanks to Stuart for completing this work * Front door, water pump and ipad repairs The 2022/23 financial year was profitable and we ended the year with net receipts of £16k. As mentioned previously this is mainly driven by the high numbers of children at the playgroup during the year where we were running at near capacity. Fortunately numbers of children are still high going into the new financial year of 2022/23 but we will be faced with rising costs of electricity. We ended the year with cash funds totalling £104k. This is made up of our current account which is kept at approximately £5k (year end was £2,331), our savings account of £86,393k and our fundraising account of £15,887. Our savings account always includes money set-aside in the event that the playgroup should have to close, to pay for site clearance and redundancies. The savings account is now running at quite a high amount but obviously we don't yet know how much will be needed to pay for a new building. The fundraising account contains any money specifically raised for the purpose of a new building since 2018 which we now keep separate from our savings as recommended by the council. Going into the new financial year, we have managed to increase our savings by another £10k from business activities. Also an additional £10k has been raised to go towards a new building. This has been through our many fundraising efforts.

SUTTON ST JAMES PRE-SCHOOL PLAYGROUP TRUSTEES' ANNUAL REPORT SEESFOR THE YEAR ENDEDOR ENVEL 31Fi AUGUSTAUGUST 20232023

Finanecfal review

Unrestricted funds amount to £102,481. This reseive represents the free reserves of the charity which are available to further the objectives ofthe charity. Any further increases in this fund will be utilised in this way.

Principal funding sources

The principal sources of funding comes from Lincolnshire County Council Early Years Grants.

Approved by the charity's trustees & signed on their behalf by:

Approved by the trustees on 6/4/22

SUTTON ST JAMES PRE-SCHOOL PLAYGROUP RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023

Notes 2023 2022
£ £ £ £
Receipts 1
Receipts from charitable activities
Grants received 114,498 88,379
Fundraising income 4,270 118,768 4,377 92,756
Investment income 378 8
Other income - -
Total receipts 119,146 92,764
Payments
Charitable Expenditure
General 2 105,844 72,094
Governance Costs 536 557
Total payments 106,380 72,651
Net receipts/(payments) forthe year 12,766 20,113
Cash funds brought forward at 1 September2022 89,715 69,602
Cashfundscarriedforwardat31August2023 2023 102,481 89,715

The notes on pages 7 to 9 form a part of the financial statements

SUTTON ST JAMES PRE-SCHOOL PLAYGROUP STATEMENT OF ASSETS AND LIABILITIES ESSEFOR THE YEA R ENDEDVED3191 AUGUSTAUSUST 20232023

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||||| |---|---|---|---| |2023|2022| |£|£| |Cash funds| |Barclays Bank Community|account|2,331|13,630| |Barclays Bank Premium account|86,393|15,001| |BarclaysPatty cash Fundralsing account|15,887-|59,475-| |104,611|7|88,106| |Amounts receivable| |-|2,337| |Amonuts payable| |PAYE|1,388|323| |Creditors|740|404| |2,129|aT| |Total Cash Funds| 102,481|89,716| |Other nommonetary assets| |Mobile classroom and equipment brought forward|11,608|12,114| |Additions|4,162|1,503| ||15,770|__|13,616| |The accounts on pages 1 to 9 have been approved by the trustees and signed on thelr behalf by:| |K Wallaca|(Treasurer)| |Approved by the trustees on [AN|=)|:|

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The notes on Pages 6 to 8 form a part of the financial statements

SUTTON ST JAMES PRE-SCHOOL PLAYGROUP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023

1 Receipts

1 Receipts
2023 2022
£ £
a Receiptsfrom charitable activities
Grants received
Fees 22,202 15,363
Early years grant 88,099 71,846
Donations 4,197 1,170
114,498 88,379
Fundraising income
Bags2 School - 67
Quiz night 305 441
Amazon 48 42
Christmas and Easter 77 69
Boxing day football - 14
Bingo 1,616 1,092
Muddy Puddle - 314
Comic Relief 58
Joules - 1,010
Race night - 1,328
Afternoon tea 1,001 -
Other 1,165 -
4,270 4,377
b Investment income
Barclays bank interest 378 8
Totalreceipts 119,146 92,764

SUTTON ST JAMES PRE-SCHOOL PLAYGROUP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023

2 Payments

Payments
2023 2022
£ £
General
Christmas presents 160 50
Leavers presents 290 103
Electricand water 2,471 1,443
Equipment purchases Note 3 4,162 1,503
Resources 11,558 4,565
Fire inspection fee - 66
General repairs and renewals 1,832 351
Insurance 840 873
Ofsted 50 50
Pre-School Learning Alliance membership 181 109
Refreshmentsand supplies 881 552
Telephone
Training
546
267
597
330
Waste disposal 675 513
Uniform costs 505 365
Printing, stationeryand advertising 75 400
Subscriptions 574 107
Wages 80,217 58,928
Other 558 1,188
105,844 72,094
Governance Costs
Accountancyfees 536 557
536 557
Totalpayments 106,380 72,651

SUTTON ST JAMES PRE-SCHOOL PLAYGROUP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023

3 Assets retained forcharity's own use
2023 2022
£ £
Mobile classroom 1,350 2,024
Tarmac play area 758 1,010
Setting up expenses 374 499
Watertreatment 150 200
Anglian Water 68 103
Electricity Board 54 81
Outdoorwooden play equipment 32 37
Photocopier
Lease
23
10
27
11
Playhouse 15 18
Fenceandgate 13 15
Architect 8 10
Stereo recorder 30 36
Playgroup sign 11 13
Planning application 7 9
Mobile book unit 24 28
Slide climber 17 20
Plumber - -
Fenland FireAppliance = =
Building Regulations - -
EnvironmentAgency - -
Table - -
Canopy planning 31 37
Alarm 29 35
Storage units 63 74
Canopy 604 710
2 x Chairs 33 39
Various toys 234 275
Heaters 541 637
Toys 39 46
Chairs 25 29
Rain shelter 273 322
Toys 34 40
Extension oftimber shelter 67 79
Easel 31 36
Laptop 168 198
Photocopier 133 157
Kitchen sink and worktop 300 352
2 xiPads 265 312
iPad cases 35 41
Little Tikes Slide 172 203
Sofa & Chair 461 543
Carpet
Filing Cabinet
63
56
74
66
Outdoorplay equipment 95 112
Climbing frame and slide 94 111
Balance bike 25 29
Basketball stand 35 A1
Wheelbarrows 44 52
Mobile market 131 154
Tool bench 45 53
Chalkboard
Table/easel
65
210
76
247
Fence 118 139
See-saw 63 74
Telephone 18 21
Photocopier 834 834
Nappy changing unit 450 450
Unit 40 40
Shed 515 515
2x iPads 663 663
iPad cases
Laminator
49
22
49
22
Fire extinguisher 76 76
iPads cases 44 44
Collaborateand in 175 175
Shed 711 711
Climbing frame 460 460
Toaster 25 25
Mud Kitchen 635 -
Ikea Furniture 351 -
Sanitary Bin 36 -
Pump 646 -
Fridge 129 -
Furniture 63 -
iPad and accessories 387 -
Laptop 199
Interactive whiteboard 1,715
ce FO me

4 Grants and Donations

Grants and donations are included in the accounts when the charity receives the money.

5 Trustees Expenses

During the year there were no expenses paid to the Trustees.

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUTTON ST JAMES PRE-SCHOOL PLAYGROUP FOR THE YEAR ENDED 31 AUGUST 2023

| report on the accounts of the Sutton St James Playgroup for the year ended 31 August 2023, which are set out on pages 1 to 8.

Respective responsibilities of trustees and examiner

As the charity's trustees, you are responsible for the preparation of the accounts; you consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 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 Commissioners (under section 145(5)(b) of the Act); and to state whether particular 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 Commissioners.

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 the seeking of explanations from you as trustees conceming any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, | do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

Peter R Wright (FCCA) TC Group 1 - 4 London Road Spalding Lincolnshire PE11 2TA

Dated: AS) 2te