Accounts for the 12 months ended 31[st ] August 2023
.
Little Meadow Group
Information
The Playgroup, Out of School Club and Holiday Club are operated in order to organise and promote Little Meadow Group in accordance with the PATA constitution.
| Officers | Outgoing | Incoming |
|---|---|---|
| Chair | D Port | D Port |
| Vice Chair | ||
| Secretary | K Scarratt | C Legge |
| Vice Secretary | ||
| Treasurer | A Watson | A Watson |
| Trustees | D Port | D Port |
| A Watson | A Watson | |
| Advisors | ||
| Bankers | HSBC, The Cross, Gloucester | |
| Auditor | Mrs S Hill | |
| 16 Bittern Ave, Abbeydale, Gloucester | ||
| GL4 4WA | ||
| Registered no | 1086999 | |
| Registered Office | Elmore Lane East, Quedgeley, | |
| Gloucester, GL2 4LX |
Charity Law requires the trustees of the Association to prepare a receipts and payments account and a statement of liabilities for each financial year. In addition the trustees are responsible for keeping proper accounting records which are sufficient to show and explain the charity’s transactions and to disclose with reasonable accuracy at any time the financial position of the Association. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Little Meadow Group
The Trustees Report
The trustees present their annual report and accounts for 12 months ended 31st August 2023
Aims and Objectives of the Playgroup, Out of School Club and Holiday Club
To provide an innovative approach to Early Years development and the care of children requiring out of school and school holiday club cover.
To establish best practice through continuous assessment. Parental feedback and evaluation.
To strive to meet the needs of ALL children in our care.
To promote healthy eating
To promote a caring attitude and a sense of community.
To address green issues, encourage recycling and to care for the environment. To provide a fun and safe learning environment.
To ensure that all legal requirements for the running of the group are met.
To work in partnership with parents/carers/school. Staff will always be available to talk to parent/carers/school regarding their welfare and will keep them informed of their child’s activities and progression.
The above aims and objectives also echo the five leaning outcomes highlighted in the Government’s Every Child Matters Strategy.
Financial Activity and Affairs See attached report and accounts
Signed by
D Port (chair)
Little Meadow Group
Independent Examiners’ Report
To the Trustees of Little Meadow Group
We report on the accounts of the Charity for the 12 months ended 31[st] August 2023, which are set out on pages 4 to 9.
Respective Responsibilities of Trustees and Examiner
As the Charity’s Trustees you are responsible for the preparation of the accounts; you consider that the audit requirements of S.43 (2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under S.43 (7) (b) of the Act, whether particular matters have come to our attention.
Basis of Independent Examiners Report
Our 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 concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, we do not express an audit opinion on the view given by the accounts.
Independent Examiners Statement
In connection with our examination, no matter has come to our attention which gives us reasonable cause to believe that, in any material respect, the requirements:
To keep accounting records in accordance with S.41 of the Act; and
To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
to which, in our opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached.
Mrs S Hill
Dated
Little Meadow Group
Receipts and Payments Account
st For 12 months ended 31 August 2023
| 12mths | 12mths | ||
|---|---|---|---|
| 2023 | 2022 | ||
| £ | £ | ||
| Receipts | Note 1 | ||
| Voluntary sources | 87777 | 65709 | |
| Other fee income | 86584 | 68978 | |
| Trading activities | 5755 | 2601 | |
| Fundraising | 2711 | 553 | |
| Interest | 196 | 4 | |
| Total Receipts for the | Period | 183023 | 137845 |
| Payments | Note 2 | ||
| Direct Charitable | 156808 | 149282 | |
| Total Payments of the Period | 156808 | 149282 | |
| Net Receipts | 26215 | -11437 | |
| Note 4 | |||
| Cash Funds at 31st August 2022 | 69969 | 81406 | |
| Cash Funds at 31stAugust 2023 | 96184 | 69969 |
Little Meadow Group
Statement of Assets and Liabilities
| As at 31 st August 2023 |
||
|---|---|---|
| 12mths | 12mths | |
| 2023 | 2022 | |
| £ | £ | |
| Cash Funds | ||
| Bank Current Account | 86924 | 61055 |
| Bank Deposit Account | 25293 | 25098 |
| Bank Maintenance Account | 0 | |
| Cash | 321 | 170 |
| Other Assets | ||
| Debtors | 0 | 0 |
| Total Assets | 112538 | 86323 |
| Liabilities | ||
| Fees Received in Advance | -770 | -936 |
| Building Maintenance Reserve | 10000 | 10000 |
| Contingency Reserves | 7124 | 7290 |
| Total Liabilities | 16354 | 16354 |
| Reserves Note 3 |
96184 | 69969 |
Approved by the Trustees and signed on their behalf
TRUSTEES
D Port
Dated
Little Meadow Group
Notes to the Accounts
st For 12 months ended 31 August 2023
Note 1 - Accounting Policy
The accounts have been prepared on an accruals basis in accordance with the Statement of recommended Practice for Charities. As such, adjustment have been made for accruals, prepayments, debtors and creditors at the year end. A prior year has been shown to provide an accurate comparison between different years.
| Note 1– Income | 12mths | 12mths |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Voluntary Sources | ||
| Nursery Education Grant | 87777 | 65709 |
| Fundraising | 2711 | 553 |
| 90488 | 66262 | |
| Other Fee income | 86584 | 68978 |
| Sundry income | 5755 | 2601 |
| Interest | 196 | 4 |
| Total Income for 12 months | 183023 | 137845 |
Little Meadow Group
Notes to the Accounts
st For 12 months ended 31 August 2023
| Note 2– Expenditure 12mths 2023 £ Direct Charitable Wages - Payroll 112343 Wages - HMRC 13714 Wages- Pension 4611 Premises Maintenance 7512 Utilities 5266 Equipment 1515 Snack 402 Consumables 1580 Professional Fees/Subs 1389 Insurance 3261 Staff Training 154 Printer & IT 1261 Fundraising 24 Uniform 1135 Bank Charges 80 Other Expenditure 2561 156808 Total Expenditure for 12 months 156808 |
12mths 2022 £ 104048 14378 4492 6227 4715 2214 375 1438 1290 2997 718 1749 337 1457 75 2772 149282 |
12mths 2022 £ 104048 14378 4492 6227 4715 2214 375 1438 1290 2997 718 1749 337 1457 75 2772 149282 |
|---|---|---|
| 149282 |
`
Little Meadow Group
Notes to the Accounts
st For 12 months ended 31 August 2023
Note 3 – Reserves
The reserves have been maintained, the rational for this is –
-
Necessity to finance at least 1 half term’s salaries and other expenditure, as the County Council do not guarantee payment times.
-
To follow PATA guidance that all playgroups have sufficient funds to cover potential redundancy costs.
-
Legal obligation to suspend, yet continue to pay staff in the unfortunate event that allegations are made against an employee.
-
Extremely low numbers next year combined with the introduction of funding for 2 year olds.
-
The ability to pay the increase in National Living Wage
-
Sufficient funds to cover any building and maintenance repairs or costs that may be required.