2024-08-31-accounts - Playdays Pre-School Meeting In The Methodist Church Hall

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- PLAYDAYS PRE SCHOOL MEETING IN THE METHODIST CHURCH HALL

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

REGISTERED CHARITY NUMBER 1087653

17-18 Leach Road, Chard Business Park, Chard, Somerset, TA20 1FA. Tel: (01460) 64441

PLAYDAYS PRE-SCHOOL MEETING IN THE METHODIST CHURCH HALL

FINANCIAL STATEMENTS 31 AUGUST 2024

Contents Charity information Trustees’ report Trustees’ responsibilities Independent examiners report Receipts and payments account Statement of assets and liabilities Notes to the accounts	Page 1 2 - 4 5 6 7 8 9 - 10

PLAYDAYS PRE-SCHOOL MEETING IN THE METHODIST CHURCH HALL

CHARITY INFORMATION

TRUSTEES:	Mrs M Tustain
	Mrs J Darch
COMMITTEE MEMBERS:	Mrs J Darch	(Chairperson & Trustee)
	Mrs S Evans	(Treasurer)
	Mrs M Tustain	(Trustee)
	Miss S Hunter	(resigned 08/01/2024)
	Mrs K Weech
	Ms S Cornell	(Appointed 16/11/2023)
	Mrs F Edgworth
	Rev D Easton
PRINCIPLE ADDRESS:	Chard Methodist Church
	Fore Street
	Chard
	Somerset
	TA20 1PT
MEETING ADDRESS:	Chard Methodist Church
	Fore Street
	Chard
	Somerset
	TA20 1PT
REGISTERED CHARITY NUMBER:	1087653
REPORTING ACCOUNTANTS:	Lentells
	Chartered Accountants
	17-18 Leach Road, Chard Business Park
	Chard, Somerset, TA20 1FA
BANKERS:	Lloyds Bank plc
	Fore Street
	Chard
	Somerset, TA20 1PS

PLAYDAYS PRE-SCHOOL MEETING IN THE METHODIST CHURCH HALL TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024

The Trustees present their annual report for the year ended 31 August 2024.

The annual accounts comply with all statutory requirements, the charity’s constitution and the Statement of Recommended Practice 2000 - Accounting and Reporting by Charities (SORP 2000).

CHARITY STATUS

Playdays Pre-school meeting in the Methodist Church Hall has its own constitution which was adopted on the 31 January 2001 and amended on 1 May 2001 and 27 February 2013. It was formally known as Chard Methodist Pre-school until 27 February 2013 when it changed its name. It is a registered charity number 1087653.

TRUSTEES

The Charity’s Trustees during the year are set out on Page 1 together with other administrative details. Trustees are appointed in accordance with the charity’s constitution by election every year at the annual general meeting. No remuneration has been paid to trustees.

OBJECTS AND AIMS

To enhance the development and education of children primarily under statutory school age, by encouraging parents to understand and provide for the needs of their children through community groups. Further details can be found in the Constitution.

STRATEGIES

All planning is based on the Children’s individual needs as laid down in the Early Years Foundation Stage prepared by the Department of Education and Employment. Each child has a personal profile that follows them through their Early Years Education.

Staff meet weekly to plan the programme. The choice of activities and deployment of staff is also based on the ages, needs and development levels of the children.

RESERVES AND INVESTMENT POLICY

The Trustees realise that the charity is fortunate to have healthy accumulated reserves of £32,235 (2023: £17,145) after deduction of closing liabilities. It is the Trustees view that given the uncertainty of the income stream from year to year which is dependant on children numbers, there is a requirement to hold sufficient reserves to continue the charity’s work for the foreseeable future.

RISK POLICY

The trustees actively review, on a regular basis, the major risks, both financial and operational, which the charity potentially faces. The Trustees have established strong internal systems to mitigate any significant risks and these are also regularly reviewed.

PLAYDAYS PRE-SCHOOL MEETING IN THE METHODIST CHURCH HALL TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024 CONTINUED

ACTIVITIES AND ACHIEVEMENTS DURING THE YEAR

5 children went to school in September 2023 and started off year with 15 children.

The group was lucky enough to be awarded a Tesco community grant of £750 during the year to be spent mainly on outdoor equipment and a further pledge of £250 in the upcoming financial year.

Children decorated a window for Harvest. At Christmas the group had a Christmas party and preformed the nativity for parents.

Jodie has initiated many opportunities for parents/careers to join sessions for stay and play. Also, they do walks to local cafes, library shops and visit the park.

In June we had our Ofstead inspection, this was very well done by Karla who was there for the inspection as Jodie was on a two day safeguarding training and Ofstead would not allow a change of date. But due to organisation, planning and all paperwork in order this went very well and the group were awarded the rating good, which they were delighted with. The inspector had chatted to parents and children and was impressed with their feedback, and the way the group was run and the opportunities the children have. The full report can be read on the Ofstead website.

June 2024 6 children went to school and they all received a book. A celebration picnic was held in the garden with families.

Numbers are looking food for September with 16 children on the register, and more due to start when appropriate age.

FINANCES

The receipts and payments account shows a surplus on unrestricted funds of £15,055 (2023: £2,308).

FUTURE PLANS

As a group we are inviting parents to Stay and Play events once a term this enables us to build strong links with the families.

Continuing to improve our resources with our Tesco grant

In December we have our Nativity and a visit from Santa also plan a Christmas lunch for children.

PLAYDAYS PRE-SCHOOL MEETING IN THE METHODIST CHURCH HALL TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024 CONTINUED

FUTURE PLANS (CONTINUED)

We also join in decorating the church for special occasions like Harvest, Easter and Christmas.

Playdays are also taking part in the Christmas tree festival In December at the Museum.

A Mother’s Day Lunch is also planned.

Also visits from dental Hygienist, Police and other visitors.

On behalf of the Board of Trustees

J M Darch Signed on 10/11/24 @ 19:42

Signed & dated (Trustee) MRS J DARCH

PLAYDAYS PRE-SCHOOL MEETING IN THE METHODIST CHURCH HALL

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.

INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES OF PLAYDAYS PRE-SCHOOL MEETING IN THE METHODIST CHURCH HALL

I report to the trustees on my examination of the accounts of “Playdays Pre-school meeting in the Methodist Church hall” for the year ended 31 August 2024, which are set out on pages 7 to 10.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity’s trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trustee’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

INDEPENDENT EXAMINER’S STATEMENT

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
the accounts do not accord with those records.

I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Eteal Robert We ner Signed & dated fonAa Te Signed on 11/11/24 @ 08:23 g

Principal: Mr R J Wegner Principal’s professional qualification: FCCA Firm: Lentells Limited, Chartered Accountants 17-18 Leach Road, Chard Business Park Chard, Somerset, TA20 1FA Firm’s professional body: ACCA

PLAYDAYS PRE-SCHOOL

MEETING IN THE METHODIST CHURCH HALL

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024

Unrestricted Funds £ RECEIPTS Donations, legacies and similar receipts - Operating activities to further the charity objects Fees 1,300 Nursery Education grant 58,684 Operating activities to generate funds Interest Received 171 TOTAL RECEIPTS 60,155 PAYMENTS Charitable Activities Wages (inc. employer’s NI) 38,647 Miscellaneous consumables 1,804 Play equipment - Support costs Rent 2,660 Insurance 758 Subscriptions – PPA/OFSTED 483 Course fees 200 Management and administration Accountancy – Independent Examination 1,050 TOTAL PAYMENTS 45,602 NET OF RECEIPTS/ (PAYMENTS) FOR THE YEAR 14,553 CASH FUNDS LAST YEAR END 18,189 CASH FUNDS THIS YEAR END 32,742	Restricted Total Total Funds 2024 2023 (note 4) £ £ £ 750 750 10 - 1,300 2,389 - 58,684 36,829 - 171 105	Total
		2023
60,155	750 60,905 39,333
38,647 1,804 - 2,660 758 483 200 1,050	- 38,647 31,546 - 1,804 823 249 249 - - 2,660 2,660 - 758 735 - 483 268 - 200 105 - 1,050 888
45,602	249 45,851 37,025
14,553	501 15,054 2,308
18,189	- 18,189 15,881
32,742	501 33,243 18,189

PLAYDAYS PRE-SCHOOL MEETING IN THE METHODIST CHURCH HALL

STATEMENT OF ASSETS AND LIABILITIES AS AT 31 AUGUST 2024

	Unrestricted	Restricted	Total	Total
	Funds	Funds	2024	2023
		(note 4)
	£	£	£	£
CASH FUNDS
Deposit account	28,960	-	28,960	14,827
Bank Instant Access account	488	501	989	231
Bank Current account	3,272	-	3,272	3,109
Petty cash	22	-	22	22
	32,742	501	33,243	18,189
LIABILITIES – Due within one year
Independent examination fees	1,008	-	1,008	960
PAYE & NI Contributions	-	-	-	84
	_____			_____
1,008	1,008	-	1,008	1,044

The accounts were approved by the Trustees

J M Darch Signed on 10/11/24 @ 19:42 Signed & dated (Trustee) MRS J DARCH

PLAYDAYS PRE-SCHOOL MEETING IN THE METHODIST CHURCH HALL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024

1 ACCOUNTING POLICIES

Accountancy convention

The accounts have been prepared on the receipts and payments basis and in accordance with applicable accounting standards, the Statement of Recommended Practice on Accounting and Reporting by Charities (SORP 2000) and the Charities Act 2011.

Equipment

All equipment, including toys purchased, is written off in the receipts and payments account in the year of acquisition.

Unrestricted Funds

Funds raised for general purposes are included within unrestricted funds. These are funds, which can be used, at the discretion of the Trustees, in accordance with the charitable objects of the charity.

Restricted Income Funds

Those funds given for a specific purpose laid down by the donor are separated into restricted funds. Expenditure that meets the criteria is charged against the fund.

2 TRUSTEES REMUNERATION AND EXPENSES

No remuneration or expenses were paid to Trustees during the year.

PLAYDAYS PRE-SCHOOL MEETING IN THE METHODIST CHURCH HALL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024

STAFF SALARIES
	2024	2023
	£	£
Gross emoluments of employees
(including employers pension contributions)	38,647	31,546
Employer’s National Insurance	-	-
Average number of employees in the year	4	4

There were no employees with emoluments above £60,000.

4 SUMMARY OF MOVEMENTS ON RESTRICTED FUNDS

During the year ending 31 August 2024 the charity received a restricted grant of £750 from Tesco to purchase play equipment for the pre-school. During the year £249 was spent on this equipment, leaving funds carried forward at 31 August 2024 of £501. There were no restricted funds in the previous year ending 31 August 2023.