Charity registration number 1077543
MERRYFIELDS PLAYSCHOOL
ANNUAL REPORT AND FINANCIAL sTATEME￿rs
FOR THE YB4R ENDED 31 AUGUST 2024

MERRYFIELDS PLAYSCHOOL
LEGAL AND ADMINISTRATIVE INFORMATION
Chairperson
Mr P Ellery
Secretary
Ms Shidey Chyen
Charity number
1077543
Principal address
The Sports Pavillion
Shelfanger Road
Diss
Norfolk
IW22 5XR
Auditors
Gascoynes
SUIQ 4
The Okl Dairy
Elm Fam) BusirEss Park
WyThondham
Norfolk
NR18 OSW

MERRYFIELDS PLAYSCHOOL
CONTENTS
Trusoe% report
IndeFendent examinerts report
Statement of financial activlties
Balantt sheet
Notes to the accounts

MERRYFIELDS PLAYSCHOOL
TRUSTEES REPORT
FOR THE fEAR EIVDED 31 AUGUST2024
The tru5tee5 present their annual re￿rt and financi￿ sotements for the ￿ ended 31 Augu512024.
The accounts have been prep¥ed in accordan￿ with the accounting polioes set out in note 1 to the accounts and comply
with (he Charities Acc 2011 arKI "Accounting and Reporting by Charities: Sratement of Recommended Prydcfi￿ applicable to
charitie5 preparing their accounts in accordan￿ with the Finanoal Re￿rting Standard applicable in the UK and Republic of
Ireland IFRS 1021 {effeaive 1 January 20151"
Objectives and activities
The charitys objects are to advan￿ the education of thildren below compulsory 5th001 age by a) Providing Safe and satirfyng
group play? In which parents have the right to rake part and b) Encouraging other charirable actlyities through which parents
may help the children and there has been no thange in these during the year.
st￿cture* governance and management
The trustses who served during the year and up to the of slgnaDJre of the finandal sratements were:
Mr P Ellery
Mrs S Everett
Mrs Nicola Rednall
The truscees ￿POrt was approved by the Poard ofTrusree
6 32GMTI
Mr P Ellery
ChaIrPe￿On of the trustees
Dated: 3 De￿Mber 2024

MERRYFIELDS PLAYSCHOOL
INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEES OF MERRYFIELDS PLAYSCHOOL
I report on the finanaal 5tatemen(s of the tharity for the ￿ erKled 31 Augusc 2024. whith are sei ouc ori page5 3 tD 8.
Respective responsibilities of trustees and examiner
The charity's trustee$ are responsible for the prtparntion of the finanoal srartments. The Charitys trus￿$ consider tha¢ an audi¢ is not
required for this year under 5ertion 144f2) of the Charities ACL 2011 (the 2011 Aa) and that an indeFcndenc examination 15 needed.
It is my responsibility to:
examine the financial sratements under section 145 of the 2011 Act.
to follow the pro&ures12id down in the gener￿ Directions given by the Charity Commission under section 145{5)(b) of the
2011 A¢¢. and
to 5taÈ whether particular matter5 have come to my attention.
Basis of independent e￿rninerts report
My examination was carried ouc in accordance with the general Direc(ions given by the Charity Commission. An examination includes a
revlew of the accounting records kept by the chariry and a comparison of the financi￿ sratements presentsd with those records. It also
includes consideration of any Unusu￿ itrms or disdosures in the finanoal statrments, 2nd seeking explanations from you as trustees
Con￿mIng any suth mat*rs. The Pro￿￿re$ underraken do rK>¢ provide all the eviden￿ tha¢ would be required in an audi¢ and
Conseq￿ndY no opinion is given as to whether financi￿ s¢afements presenc a and fwr view, and the report is limi*d co those
matters set out in the next 5t3tsmenL
Independent examinerts statement
In connection with my examination, no other matter eX￿p1 that referred ro in the previou5 paragraph has come to my attention:
(al which gives me reasonable cause to believe that in any m*rial resw the ryuirements:
to keep accounting record5 in aCcOrdar￿ with section 130 of the 2011 Art. and
to prepare financial St￿ments whith accord with the accounting record5 and comply with the accounting
requirements of the 2011 Act"
have not been met or
(b) to whith. in my opinion. atkn¢ion shoukj be drawn in order to enable a proper understanding of the finants￿ sta*ments co
reached.
Gascoynes
Chartered accountants
Suits 4
The Old Dairy
Elm Farm Business Park
Wymondham
Norfolk
NR18 OSW
Dated: 3 De￿M￿r 2024

MERRYFIELDS PLAYSCHOOL
STATEMEhrr OF FINANCIAL AcfiviTIES
INCLUDING INCOME AND EXPENDrruRE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST2024
Unrestrirted
funds
2024
Total
2023
Notes
Income from:
Donations and legacies
Invesrn)ents
69,181
93
49,896
33
Total income
69,274
49,929
enditure on:
Ch¥i¢able activities
64.192
51,989
Net incomel(expenditsre) for the yearl
Net movement in funds
5,082
Q,060)
Fund b￿anCeS at 1 September 2023
19,911
21,971
Fund balances at 31 August 2014
24.993
19.911
The statement of financtsl a￿VIdeS includes ￿1 galns and k)sse5 recognlsed In the year.
All income and eXPendiW￿ derive from ￿ntInuIrtg ac¢ivi¢ies.

MERRYFIELDS PLAYSCHOOL
BALANCE SHEEr
ASA T31AUGUST2024
2024
2023
Notes
Current a55ets
Cash at bank and In hand
25275
20,n8
Creditoys: amounts falling due within
one year
282
817
Net current assers
24,993
19,911
In¢ome fvnds
Unrestricted fund5
24.993
19.911
24,993
19,911
The financial statements were approved by the knard of directors and authorised for issue on 3 December 2024 and rt sigr*d
on its behalf by:
E32GMn
Mr P Ellery
Chairperson of the tNstees

MERRYFIELDS PLAYSCHOOL
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE fEAR EIVDED 31 AUGUST2024
Accounting policies
Company inforniation
MeryPields Playsth¢Xsl is a Pla￿Ch¢>01.
1.1 Accounting convention
The financial statements have been prepared in accordan￿ with the thariLf5 governing dooJmen4 the Charitie5 Act 2011
and "Accountlng and Reportlng by Charlues: Sratement of RecommendeA PraCc1￿ applicable to charlties preparSng thelr
accounts in accordan￿ with the Financi￿ Reporting SL￿dard appliGthle in the UK and Republic of Ireland (FRS 1021" (as
amended for accounting peri¢)ds commencing from 1 January 20161. The charity is a Public Benefi¢ Entity as defir*d by FRS
102.
The financial s¢a*ments have depar¢ed from the Charityes IAccounts and Reports) Regulation$ 2008 only to the exon¢
required ID provide a and fwr view. This departure ha5 involved following the St￿rnent of Recommended Pracu
for charities applying FRS 102 rather than the version of the Statement of Recommended Practi￿ which is referred to in
the Regulations but which has Sin￿ been withdrawn.
The finanaal statrments are prepared in strrling. which is the ffijnttion￿ currency of the thariry. Monetary amounts in these
financial statements are rounded to the nearest £.
The fir￿nCIal statements have been prepared under the historid cost convention, [modrfied to include the reV￿uatIOn of
freehold properties and to include investment properties and certain financial instruments at fair value]. The principal
accounting plicies adopted are set out ￿lOw.
12 Going concern
At the time of approving the financial statsmen￿ the trustees have a reasonab￿ expectation that the th¥iry has adequa
resour￿ co ￿ntinue in ¢peratyonal existsn￿ for the foreseeabk fuvjre. Thus the trus*es con¢inue to adopt the going
¢onttm basis of a¢countyng in p￿ParIng the financol statemen¢
13 Charitable funds
Unrestricted fvnds are avalable for use ac the di5crrfion of the I￿￿teeS in fvrthCran￿ of their charitable objective5.
ReStrIc￿ funds are subjett to swfic condiuons by donors as to how they may be used. The purposes and uses of the
restricted funds are set out in the notes to the financol statement
1A Incoming resources
Income is recognised when the tharity 15 legally enti(led ro it 3fter any Performan￿ condi(ion5 have been me4 the amounts
can k measured reliably, and it is probable that irKome will be re￿IVed.
Cash donations are recognised on re￿ipL Other donations are recognised On￿ the charity has been notified of the
donation, unless perfom)2nce conditions require defe￿￿ of the amounL Income tax recoverable in relation to donations
received under Gift Aid or deeds of covenan¢ is recognised at the tyme of the dona¢ion.
Legacies are recognised on receipt or otherwise rfthe thariry has been noufied of an impending di5tribuuon, the amount is
known, and re￿Ipt Is expected. If the amount Is not known, the legacy Is rreated as a contlngent assec

MERRYFIELDS PLAYSCHOOL
NOTES TO THE FINANCIAL STATEMEKrs (coKriNUED)
FOR THE fEAR EIVDED 31 AUGUST2024
Accounting polioe$
(Continued)
1.5 Resources expended
Expenditu￿ is ￿Cognised ontt the￿ is a leg31 or cons¢ruc¢ive obligation to transfer economic benefit ¢0 a third party. ic is
probable that a tTan5fer of economic benefits will be required in 5ettknenL and the amount of the obligation can be
measured reliably.
Expenditure is dassrfied by activity. The costs of each ictiviry are made up of the tot21 of dirett costs and shared costs,
induding support Costs involved in underrthng ead) acrivity. Direc¢ costs attributable to a single a¢ciYity are allocaod
directly to that activity. Shared costs which contribute to more than one acrivity and supporc coscs which are not
attributable to a single ac(ivity are apFK>r(ioned between those acriviues on a basis con5i5tent with the use of resour￿.
Central sraff costs are ￿loCated on the basis of time spen4 and depredadon charges are ￿￿Xated on the portlon of the
asset's use.
1.6 Cash and cash eqyiyalents
Cash and osh equivalents indLKle osh in harKI. deposits he￿ a¢ oll with banks. other short-orni liquid inves¢ments with
original mawrities of three months or less. ar￿ bank overdrafts. Bank overdrafts rt shown within borrowings in Cur￿n¢
Bap¢ financialatsets
Basic flnanclal assers, which include debcors arKI cash and bank balan￿, are Initi￿lY measured at tran5attlon prlce Including
transaction costs 2nd are subsequently carried at amortised cost using the effective In￿reSt method unless the arrangement
conscituos a financing transa¢¢ioA. where the transacxion is measured a¢ the presenc value of the fv(u￿ re￿Ipts discounced
at a market rate of interesL Financial a55ets dasstPied as re￿1¥able within one year are not amortised.
Bawc financialliabilibes
Basic financi￿ liabilities. induding creditor5 and bank k)ans are iniually recognised at transaction price unle55 the
arrangement conStitu￿S a financing transaction, where the debt instrument is measur&J at the present y￿ue of the fijture
payments discounted at 2 market rate of In￿reSL Finanoal liabilities dassified as payable wtthin one year are not amortised.
Debt instruments are subsequently arried Jt 3morti5ed cos¢ using the effedive interest r3te method.
Trade creditors are obligatlons to pay for goods or serv5￿ that have been aqulred In the ordinary course of operadons
from suppliers. Amounts p2y2ble are dassffied as current liabilities rf payment is due within one year or less. If no4 they are
p￿Sented as non-cUr￿n¢ liabilities. Trade ¢redi¢ors are recognised inicially ac transacuon price and subsequendy measured
at amortised cost using the effeuive In￿￿t method.
Derecognition offinanaallmbilitses
Finanaal liabilities are derecognised when the thar￿￿5 contyacwal oblization5 expire or are di5charEed or can￿lled.
1.7 Employee benefits
The cos¢ of any unvsed holiday entitlement is recognised in the Perh￿ in whith the ￿p10Yee'S services are re￿ived.
Terminatlon benefits are recognised Immedi￿lY as an expertse when the charity is demonstrabty commltted to ternilnate
the employinenc of an employee or to PrO￿de ￿MiinatIOn benefts.
1.8 Asset recognition
For 2015 onwards equipment purchased is to be off in the year of ao4uisltJorb.

MERRYFIELDS PLAYSCHOOL
NOTES TO THE FINANCIAL STATEMEKrs (coKriNUED)
FOR THE fEAR EIVDED 31 AUGUST2024
tk+nations and legacies
2024
2023
Fundrrising
Fees
836
1,069
48.827
68.345
Investments
Unrestricted
Total
nds
2024
2023
Interest re￿1¥able
93
33
Charitable artivities
2019
2023
s￿arles
Traininz cour5e5
Renc of premise5
Insurance
Equlpmeni cosrs
Accountancy and bookkeeping
Sundry exFenses
Legal and professional
52,438
530
8,117
533
40.009
687
8,247
513
693
572
790
943
70
833
217
64,1¥1
51,989
Trustees
The trustee directors re￿Ived reimbursements totaling £981.72 for purthases made on behalf of the playschool Q023:
The trusoe d1￿ctorS ￿tt1ved £200.79 for purthases made on behalF of the playsthooll.

MERRYFIELDS PLAYSCHOOL
NOTES TO THE FINANCIAL STATEMEKrs (coKriNUED)
FOR THE fEAR EIVDED 31 AUGUST2024
Employees
The average monthty number of employees during the ypar was:
2024
2023
Number
Number
Total
Employment costs
2024
2023
Wages and salaries
Other pension costs
51.722
716
39.437
572
52,438
40,009
There were no employees whose annu￿ remuneration vtss more than £60,IXIO.
Creditors: amounts falling due within one year
2024
2023
Accruals and deferred Income
282
817