EDGAR SEMffER PLAYSCHOOL Charity No: 1079409 REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2024 <> vandiik ACCOUNTANTS EDGAR SEWTER PLAYSCHOOL CONTENTS YEAR ENDED 31 AUGUST2024 Page No Report ofthe Trustees Receipts and Payments Account Stateme nt of Assets and Liabilitie5 Notes to the Accounts Independent Examiner's Report EDGAR SE￿￿ER PLAYSCHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 The trustees present their report together with the financial statements of the Charity for the year ended 31 August 2024. The financial statements have been prepared in accordance with the accounting policies set out on pa8e S and comply with the Charity's trust deed and applicable law. LEGAL AND ADMINISTRATIVE INFORMATION Prlnclpal Address: Edgar Sewter Primary School Norwich Road, Halesworth, Suffolk IP19 8BU Independent Examlner: van Dijk Accountants Georgian House, 34 Thoroughfare Halesworth, Suffolk IP19 8AP Bankers: Lloyds Exchange Square, Beccles, Suffolk GovernSn8 Document The Charity was founded by a trust deed and registered with the Charity Commission no. 1079409. Objects of the CharSty The object of the Charity is to enhance development and education of children primarily under statutory school age. TRUSTEES AND GOVERNANCE Trustees: Mrs S Labat (Treasurer) Mrs H Lawrence Mr M Parker IChairl- resigned 01.12.23 Mrs V Burrell (Secretary) Miss L Sayer Miss S Burrows Mrs A Salkeld Miss V Ridgway Ichairl-appointed 01.12.23 Miss M Curry-appointed 28.01.25 Mis5 J Gallagher-appointed 28.01.25 Trustees are elected as representatives of the Playschool. ACTIVITIES AND ACHIEVEMENTS The Charity had a surplus of receipts over payments for the academic year of £9,366. Playschool activities have continued strongly throughout the year and we look forward to continuing support from the local community. Page I EDGAR SE￿￿ER PLAYSCHOOL REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 AUGUST 2024 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 trustees also consider the income requirement5. Rlsk Management PolScy The trustees have examined the major strategic business and operational ri5k5 which the Charity faces and confirms that systems have been established to enable re8ula r 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 f low requirement5. TRUSTEES, RESPONSIBILITIES The Charitie5 Act 1993 require5 the trustee5 to ensure that the Charity keep5 accountin8 records of all the Charity transactions so as to disclose at any time with reasonable accuracy, the financial position 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 5afe8uardin8 the Charity's assets and hence for takin8 reasonable 5tep5 for the prevention and detection of error fraud and other irregularities. 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 profe55ion with regard to form and context of the accounts, or to disclose and explain any departures therefrom,. and prepare the accounts on the going concern basis unless it is inappropriate to assume that the Charity will be able to continue to meet its objectives. Signed on behalf of the trustees Miss V Ridgway Chair Page 2 EDGAR SEWTER PLAYSCHOOL RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31AUGUST2024 2024 2023 Notes RECEIPTS Activities to generate f unds Donations 81206 46741 Investment income 145 TOTAL RECEIPTS 81851 46789 PAYMENTS C05t of charitable activities Management and admi nistering the chari 71￿9 1476 57162 1317 TOTAL PAYMENTS 72485 58479 PAYMENTS LESS RECEIPTS relating to the academic year Receipts i n advance relating to the next academic year 9366 -116 9366 3669 -11690 15359 Bank balance and cash in hand at I September 2023 Bank balance and cash in hand at 31 August 2024 13035 3669 Page 3 EDGAR SEWTER PLAYSCHOOL STATEMENT OF ASSEfs AND LIABILITIES AT31 AUGUST2024 2024 2023 Notes MONEfARY ASSErs Bank treasurers account Bank current account Cash i n hand 1118 8195 2551 13035 3669 Debtors at 31 August 2024 13035 3669 Creditors at 31 August 2024 13035 3669 13 Og {olt The financial statements were approved on . and signed on their behalf by.. Chair Treasurer Page 4 EDGAR SEwfER PLAYSCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POLICIES (al Basis of preparatlon The accounts have been prepared in accordance with applicable accounting standards and the Charities SORP1Statement of Registered Practice). The accounts have been prepared using the receipts and payment5 ba515. Ib) Fund accountlng General f unds 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 Income Income f rom investments is included in the statement of financial activities on a receipts basis. Id) Expendlture All expenditure is 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 accordingly expenditure is shown gross of irrecoverable VAT. ACTIVITIES TO GENERATE FUNDS 2024 2023 Fees Fund-raising SCCAP JRS Grants Other School trip 38223 350 42633 23102 359 23060 220 81206 46741 DONATIONS 2024 2023 Monies f rom individuals 500 INVESTMENT INCOME 2024 2023 Bank interest 145 48 Page 5 EDGAR SEWTER PLAYSCHOOL NOTES TO THE ACCOUNTS (continued} FOR THE YEAR ENDED 31 AUGUST 2024 5 COST OF CHARITABLE ACTIVITIES 2024 2023 Wages Inla nd Revenue Rent of premises Insurance Consumables, toys and equipment Courses Food Ofsted fee Other Nest pension School trip 55324 46775 3951 5095 1902 2285 842 3120 84 1191 2190 170 220 366 2007 220 619 1590 220 71009 57162 6 MANAGEMENT AND ADMINISTERING THE CHARITY 2024 2023 Accountancy Fund-raising Stationery and postage Telephone Cleaning Legal fees 872 933 162 30 192 li 148 445 1476 1317 7 TRUSTEE REMUNERATION The trustees neither received nor waived any emoluments during the year12023 £nill. 8 FUNDS The Charity manages the following fund.. General Purposes Fund - to provide the necessary financial resources to enable the Charity to operate on a day to day ba515. Page 6 EDGAR SE￿￿ER PLAYSCHOOL INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENOED 31 AUGUST 2024 I report on the accounts of the Playschool a5 set out on pages 3 to 6 for the year ended 31 August 2024 which have been prepared under the accounting policies set out on page 5. Respett5ve responslbllltles of Trustees and Independent Examlner The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charitie5 Artl and that an independent examination is needed. It 15 my responsibility to:. examine the accounts under section 145 of the Charities Act,. to follow the procedures laid down in the general Directions given by the Charity Commission under section 14515llbl of the Charities Act, and to state whether particular matters have come to my attention. Basss of Independent Examlner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 item5 or disclosures in the accounts, and seekin8 explanation5 from you as tru5tee5 concerning anv such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent Examlner's Statement In connection with my examination no matter ha5 come to my attention.. 111 which give5 me reasonable cause to believe that, in any material respect, the requirement5'. to keep accounting records in accordance with section 130 of the Charities Act,. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met,. or 121 to which, in my opinion, attentton should be drawn in order to enable a proper understanding of the accounts to be reached. P N van Dijk FMAAT van Dijk Accountants Limited Georgian House 34 Thoroughfare Halesworth Suffolk IP19 8AP 13 lune 2025 Page 7