EDGAR SEWTER PLAYSCHOOL Charlty No: 1079409 REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2022 <> vandiik ACCOUNTANTS EDGAR SE￿￿ER PLAYSCHOOL CONTENTS YEAR ENDED 31 AUGUST 2022 Page No Report of the Trustees Receipts and Payments Account Statement of Assets and Liabilities Notes to the Accounts Independent Exarniner'5 Report EDGAR SEWTER PLAYSCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGusf 2022 The trustees present their report together with the financial statements of the Charity for the year ended 31 August 2022. The financial statement5 have been prepared in accordance with the accounting policies set out on page S and comply with the Charity's trust deed and applicable law. LEGAL AND ADMINISTRATIVE INFORMATION Prlnclpal Address: Edgar Sewter Primary School NonNich Road, Halesworth. Suffolk IP19 88U Independent Éxamlner: van Dijk Accountants Georgian House, 34 Thoroughfare Hale5WOrth, Suffolk IP19 8AP Bankers: Uoyds Exchan8e Square, Beccles. Suffolk Governlng Document The Charity was founded by a trust deed and re8lstered with the Charity Commisslon no. 1079409. ObJert5 of the Charlty The object of the Charlty is to enhance development and education of children prlmarily under statutory school age. TRUSTEES AND GOVERNANCE Trustees: Mrs K Swan (chalr)-￿$l8ned 03.02.23 Mrs K Nolloth ISecretaryl-resi8ned 03.02.23 Mrs S Labat ITreasurer) Mr5 L Howes-resi8ned 03.02.23 Mrs M Woodcock-03.02.23 Miss E shelley￿3.o2.23 Mrs H Lawrence Mr M Parker IChair}-appointed 03.02.23 Mrs V 8urrell15ecretaryl-appointed 03.02.23 Mi55 L Sayer-appointed 03.02.23 Miss S Burrows-appointed 03.02.23 Mrs A Salkeld-appointed 03.02.23 Trustees are elerted as representatNes of the Playschool. AcfiviTIES AND ACHIEVEMENTS The Charity had a deficit of payments over re￿Ipts for the academic year of £1,786. Playschool activities have continued strongly throughout the year and we look forward to continuing support from the local community. EDGAR SEIfyryER PLAYSCHOOL REPORT OF THE TRusfEES Icontinuedl FOR THE YEAR ENDED 31 AUGUST 2022 POUCIES Investment Pollry There are no restrictions of the Charrty's power to invest. The investment strategy is set out by the trustees and takes account of recent demand for funds. The trustees also consider the income requirements. Risk Management Policy The trustees have examined the major strategic business and operational risks which the Charity face5 and confirms that system5 have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen the risks. Reserves Pollcy It is the Charity's policy to maintain reserves at a level it considers necessary to meet cash flow requlrements. TRUSTEES, RESPONSIBILITIES The Charities Act 1993 requires the trustees to ensu￿ that the Charity keeps accounting ￿cOrdS of all the Charlty transactions so as to dlsclose at any time with reasonable accuracy, the financlal posltlon of the Charity at that tlme and to enable them to ensu￿ that the accounts comply with the disclosure regulations. The trustees are also responsible lor safeguarding the Charlty'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 svitable 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 wlth regard to form and context of the accounts. or to disclose and explain any departures therefrom; and prepare the occounts on the 8olng concern basis unless it is Inappropriate to assume that the Charity will be able to continue to meet rts objectives. Signed on behalf of the trustees Mr M Parker Chair Page 2 EDGAR 5EWTER PLAYSCHOOL RECEIPTSAND PAYMENTSACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022 2022 2021 Notes RECEIPTS Activities to generate funds Donations Investment income 53673 150 56892 224 TOTAL RECEIPTS 53824 57117 PAYMENTS Cost of charltable activities Management and administerin8 the charity 53960 1650 61110 2074 TOTAL PAYMENTS 55610 63184 PAYMENTS LESS RECEIPTS relating to the academic year Receipts In advance relating to the next academic year -1786 -6067 -1786 17145 -6067 23212 Bank balance and cash In hand at I September 2021 Bank balance and cash in hand at 31 August 2022 15359 17145 EDGAR SEwfEft PLAYSCHOOL STATEMENT OF ASSEfs AND LIABILITIES AT 31 AUGusf 2022 2022 2021 Notes MONETARY ASSETS Bank treasurers account Bank current account Cash in hand 9856 5503 13001 4144 15359 17145 Creditor at 31 August 2022 15359 17145 There were no debtors at 31 Au8USt 202212021 . £nill 28th June 2023 The financial statements were approved on .-................................... and signed on their behalf by.. Chairman Treasurer Page 4 EDGAR SEwfER PLAYSCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST2022 I ACCOUNTING POLICIES (a) Basls of preparation The accounts have been prepared in accordance with applicable accounting standards and the Charities SORP (Statement of Re8iStered Practice). The accounts have been prepared using the receipts and payments basis. (b) Fund accountlng General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. {c) Investment Incorne Income from investments is Included in the statement of financlal actlvltles on a receipts basis. Id) Expendlture All expenditure is included on a payments basi5. All costs have been directly attributed to one of the functional categories ol resources expended in the statement of financial activities. The Charlty is not re8lStered for VAT and accordingly expenditure is shown gross of irrecoverable VAT. 2 AcfiviTIESTO GENERATE FUNDS 2022 2021 Fees Fund-ralsln8 SCCAP JRS Grants Other School trlp 27804 1117 24704 20784 501 30322 5126 48 53673 159 56892 3 DONATIONS 2022 2021 Monies from individuals 150 224 4 INVESTMENT INCOME 2022 2021 Bank interest P•Je 5 EDGAR SEl￿ER PLAYSCHOOL NOTES TO THE ACCOUNTS (continued} FOR THE YEAR ENDED 31 AUGUST2022 5 COST OF CHARITABLE AcfivinES 2022 2021 Wage5 Inland Revenue Rent of premises Insurance Consumable5, toys and equipment Courses Food Ofsted fee Other Nest pension School trip 47807 451 1399 51233 258 4172 572 2375 502 1818 490 220 368 1146 261 440 133 1167 258 53960 61110 6 MANAGEMENT AND ADMINISTERING THE CHARITY 2022 2021 Accountancy Fund-raislng Stationery and postage Telephone Cleanin8 Legal fees 1116 326 30 178 1776 84 212 1650 2074 7 TRUSTEE REMUNERATION The trustees neither received nor waNed any emoluments during the year12021 £nill. 8 FUNDS The Charity manages the following fund.. General Purp05es Fund - to provide the necessary financial resources to enable the Charity to operate on a day to day basi5. EDGAR SEWTER PLAYSCHOOL INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2022 I report on the atcounts of the Playschool as set out on pa8e5 3 to 6 for the year ended 31 August 2022 whlch have bèen prepared under the accountlng policies Set out on page 5. Respectlve responslbllltlès of Trustees and Independent Examlnér The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not requiied for this year under section 144 of the Charities Art 2011 (the Charities Actl and that an independent examination is needed. It Is my responsibility to:_ examine the accounts under section 14S of the Charities Act: to follow the pr¢xedures laid down In the general Directions given by the CharSty CommI￿1¢n under sectlon 14515llbl of the Chafities Att. and to state whether particular matters have come to my attention. Basls ol Independ•nt Ex•mlner's report My examination was carried out in accordance with the general Dlrections Biven by the Charity Commisslon. An examlnatlon Includes a revlew of the accountlnB records kept by the Charity and ¢omparison of the accounts presented with those records. It also Includes tonsideration of any unusual Items or dSs¢losure5 in the accounts, and seekin8 explanations from you as trustees ¢on¢ernln8 any such matters. The procedures undertaken do provide all the evidence that would be reqvlred In an audlt, and Consequently no oplnion Is Blven as to whether the attounts present a'true and falr vlew, and the report Is Ilmlted to those matters set out In the statemeni below. Independent EMamln•rfs Stat•m•nt In conne¢ilon wlth my examinatlon no matter has Come to my attentlon.. 111 whlth glves me reasonable cause to belleve that. In any material respect, the requliements.. to keep accountin8 records in accordance with sectlon 130 of the Charities Act,. and to prepare accounts which accord with the accountlng records and comply wlth the accountin8 requlrements of the Charities Act have not been met; or 121 to which, in my oplnlon, attentlon should be drawn In order to enable a proper understandlng ol the accounts to be reached. P N van Dllk FMMT van Dijk Accountants Llmited Georgian House 34 Thoroughfare Halesworth Suffolk IP19 8AP 20 June 2023 Pa8e 7