EDGAR SEWtER PLAYSCHOOL Charity No: 1079409 REPORT AND HNANaAL STATEMENTS YEAR ENDED 31 AUGUST 2021 <> vandiik ACCOUNTANTS EDGAR SEwfER PLAYSCHOOL CONTENTS YEAR ENDED 31 AUGUST 2021 Page No Report of the Trustees Receipts and Payments Account Statement of Assets and knabilities Notes to the Accounts Independent Examinerfs Report EDGAR SEwfER PLAYSCHOOL REPORT OF THE TRUStEES FOR THE YEAR ENDED 31 AUGusf 2021 The trustees present their report together with the financial statements of the Charity for the year ended 31 August 2021. The financial statements have been prepared in accordance wtth the accountin8 policies Set out on page 5 and comply with the Charity's trust deed and applicable law. LEGAL AND ADMINisfRATIVE INFORMATION Princlpal Address: Edgar Sewter Primary School Norwich Road. Hale5WOrth. Sufftilk IP19 8BU Independent Examiner: van Dijk Accountants Georgian House. 34 Thoroughfare Halesworth, Suffolk IP19 8AP Bankers: Lloyds Exchange Square, Beccles, Suffolk Govemlng Document The Charlty was founded by a trust deed and registered with the Charity Commi55ion no. 1079409. Objerts of the Charfty The object of the Charity is to enhance development and education of children primarily under statulory school age. TRUSTEE5 AND GOVERNANCE Trustees: Mrs K Swan (Chairperson) Mrs K Nolloth {Secretsryl Mrs S Labat ITreasurerl Mrs L Howes Mrs M Woodcock Miss E Shelley Trustees are elected as representatives of the Playschool. AcnviTIES AND ACHIEVEMENTS The Charity had a deficit of payments over receipts for the atsdemic year of £6,067. Playschool activitles have continued strongly throughout the year and we look forward to continuin8 SUPPOrt from the local community. POLICIES Investment Pollcy There are no restrictions of the Charity's power to invest. The investment strategy is Set out by the trustees and takes account of recent demand for funds. The trustee5 also consider the income requlrements. EDGAR SEwfER PLAYSCHOOL REPORT OF THE TRusfEES (continued) FOR THE YEAR ENDED 31 AUGUST 2021 POLICIES (contlnued) R15k Management Policy The trustees have examined the major strategic business and operational risks which the Charlty faces and confirms that Systerns have been established to enable regular reports to be produced 50 that the necessary steps can be taken to lessen the risks. Reserves Pollcy It is the Charivs policy to maintsin reserves at a level it considers necessary to meet cash flow requirements. TRUSTEES, RESPONSIBIUTIES The Charities Att 1993 requires the trustees to ensure that the Charity keeps accounting records of all the Charity transactions so as to disclose at any time with ￿asonable accuracy, the financial F)OSition of the Charity at that time and to enable them to ensure that the accounts comply with the disclosure regulations. The trustees are also responsible for safeguarding the Charity's assets and hence for taking reasonable steps for the prevention and detection of error fraud and other irre8ularities. In preparing the accounts the trustees are expected to: • select suitable accounting policies and apply them consistently. making judgements and estimates that are reasonable and prudent: follow the recommendations of the Charity Commission and of the accounting profession with regard to form and context of the accounts, or to disclose and explain any departures therefrom; and piepare the accounts on the going concern basis unless it is inapproprlate to assume that the Charlty will be able to continue to meet its objectives. Signed on behalf of the trustees Mrs K Swan Chairperson EDGAR SEwfER PLAYSCHOOL RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2021 2021 2020 Notes RECEIPTS Activities to generate funds Donations Investment income 56892 224 55428 12 TOTAL RECEIPTS 57117 55440 PAYMENTS Cost of charitable actrvities Management and administering the charity 61110 2074 62470 3670 TOTAL PAYMENTS 63184 66140 PAYMENTS LESS RECEIPTS relating to the academic year Receipts in advance relating to the next academi¢ year -10700 -6067 23212 -10700 33912 Bank balance and cash in hand at I September 2020 Bank balance and cash in hand at 31 August 2021 17145 23212 EDGAR SEwfER PLAYSCHOOL STATEMENT OF ASSETS AND LIABIUTIES AT 31 AUGusf 2021 2021 2020 Notes MONETARY ASSETS Bank treas4Jrers account Bank current account Cash in hand 13¢XIi 4144 14213 8999 17145 23212 Creditor at 31 August 2021 17145 23212 There were no debtors at 31 August 202112020: £nil) The financial statement5 were approved on ......27th.J..u.n¢. 2Q2.2............-...........-.. and signed on their behalf by: Chairperson Treasurer EDGAR SEwfER PLAYSCHOOL NOTE5 TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021 I ACCOUNnNG pouaES (a) Basls of preparatlon The aCCOLtnts have been prepared in accordance with applicable accounting Standards and the Charities SORP Istatement of Registered Practice). The accounts have been prepared using the receipts and payments basis. {b) Fund accounting General funds are unrestricted funds which are available for use at the discretion of the tnjstees in furtheran￿ of the general objectives of the Charity and which have not been designated for other purposes. (cl Investment income Income from investments is included in the statement of financial activities on a receipts basis. (d} Expenditure All expenditure 15 included on a payments basis. All costs have been directly attributed to one of the functional categories of resources expended in the statement of financial activities. The Charity is not registered for VAT and accordingty expenditure is shown gross of irrecoverable VAT. 2 AcfMTIES TO GENERATE FUNDS 2021 2020 Fees Fund-raisin8 SCCAP JRS Grants Other School trip 20784 501 30322 5126 23631 616 23588 7571 22 159 56892 55428 3 DONATIONS 2021 2020 Monles from individuals 224 4 INVESTMENT INCOME 2021 2020 Bank interest 12 EDGAR SEwfER PLAYSCHOOL NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 AUGUST 20ZI S COST OF CHARITABLE AcllviTIES 2021 2020 Wages Inland Revenue Rent of premises Insurance 51233 258 4172 572 51777 524 5145 559 F- i i Consumables. toys and equipment Courses Food Ofsted fee Other Nest pension School trip 2375 502 3209 53 133 1167 258 149 1046 61110 62470 6 MANAGEMENT AND ADMINisfERING THE CHARITY 2021 2020 Accountancy Fund-raisin8 Stotionery and postage Telephone Cleaning Legal fees 1776 1410 207 212 2045 2074 3670 7 TRUSTEE REMUNERATION The trustees neither received nor waived any emoluments during the year (2020 - £nill. 8 FUNDS The Charity manages the following fund: Genernl Purpose5 Fund - to provide the necessary financial resources to enable the Charity to operate on a day to day basis. EDGAR SEwfER PiAYSCHOOL INDEPENDENT EXAMINER'5 REPORT FOR THE YEAR ENOED 31AUGUST 2021 I report on the accounts of the Playsthool as set out on pages 3 tt1 6 for the year ended 31 August 2021 which have been prepared under the accountin8 policie5 set out on pa8e 5. Respectlve responslbllltles olTrustees and Independent Examlner The Charity's trustee5 are responsible for the preparation of the accounts. The Charitvs trustees consider that an audit is not required for this year under section 144 of the Charlties Act 2011 Ithe Charities Artl and that an independent examination ts needed. It is my responsibility to:_ examine the actounts under section 145 of the Charities Act- to follow the procedures laid down in the general Directions given by the Charity Commlssion under sertion 145lSllbl of the Charities Act. and to st3te whether particular mattets have come to my attention. Basts of Independent Examinerfs report My examination was carried out in accordance with the general tlrections given by the Charity Commlssion. An examination Includes a re¥iew of the accountin8 records kept by the Charity and a Comparison of thè actounts presented those records. It also intludes consideration of any unusual items or disclosuies in the accounts. and seeking explanation5 from you as trustees concemin8 anv such matters. The procedure5 undertaken do not prowde all the evldence that would be required in audit, and Consequent￿ no opinlon Is gl¥en as to whether the accounts present a 'true and fair ¥iew' and the report Is limited to those matters set out in the statement bel(yw. Independent Examlnerfs Statemenl In connertion wlth my examination no matter has ccrfne to my attention: 111 whlch gives me reasonable tause to believe that. in any material respeeL the requirements= to keep accounting records in accord#nte with section 130 of the Charities Art,. and to prepare atcounts which accord with the accountin8 records and comply with the accountln8 requirements of the Charitie5 Art have not been met: or {21 to which, in my opinion, attentiLM should be drawn In order to enable a proper understandtn8 of the atc¢JJnts to be reached. P N van Dijk FMAAT van Dijk Accountants Limited Georgian House 34 Thor¢xJghfare Hale5WOrth Suffolk IP19 8AP IS June 2022 Pa8e 7