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2023-08-31-accounts

Charity number: 1088445

Bamford Pre-School Playgroup

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 August 2023

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Bamford Pre-School Playgroup Contents Page For the year ended 31 August 2023

Report ofthe Trustees 1to2
Independent Examiner's Report to the Trustees 3
Statement of Financial Activities 4
Statement of Financial Position 5
Notes to the Financial Statements 6 to 10
DetailedStatementofFinancialActivities 11

Bamford Pre-School Playgroup Report of the Trustees For the year ended 31 August 2023

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 August 2023. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES To enhance the development and education of children primarily under statutory school age by encouraging parents to provide for the needs of their children through community groups. The organisation runs a pre-school for children between the ages of 2 and 5 years.

Objectives and aims

The trustees have considered the Charity Commision's guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2)’.

ACHIEVEMENTS AND PERFORMANCE

We continue to provide, as we have since 2003, pre-school education for 2,3 and 4 year-old children in Bamford (a village in the Hope Valley in Derbyshire) and the surrounding area. We have close links to the village primary school, ensuring that children in our care are "school-ready" when they leave us and making the transition as smooth as possible.

We are very fortunate to have a highly conscientious, capable and caring staff, who go above and beyond to create a fun and nurturing environment to help little ones learn through play and develop their social skills, creativity and confidence.

Our belief in our outdoor based curriculum and the wonderful opportunities it presents to our children means we are committed to maintaining our brilliant staff team. We have already seen that our wages bill represents around 80% of our expenditure as the pre-school ensures a high staff to child ratio in order to offer our outdoor, play-based curriculum. As a result, any rise in the minimum wage has a greater impact on our budget. We welcome any increase in wages which rewards the hard work and dedication of our staff and are pleased that the Early Years National Funding has increased slightly from September 2023, but would argue that the Early Years National Funding needs to increase proportionally with wages to help cover the funding shortfall.

Children numbers have been fairly steady throughout the year. We are still hoping to expand our existing forest school activities and hope that this will happen in the not so distant future.

We continue to receive very positive feedback from parents, carers and the primary school as well as from committee members, staff and stakeholders. Our Ofsted rating remains GOOD.

We are incredibly grateful for all the support and fundraising throughout the year and would like to thank everyone who has contributed to our wonderful pre-school.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity Bamford Pre-School Playgroup Charity registration number 1088445 Principal address Methodist School Rooms Taggs Knoll Bamford Hope Valley S33 OAY

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Bamford Pre-School Playgroup Report of the Trustees Continued For the year ended 31 August 2023

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Freyar Hoggarth

Independent examiners

Johnston Foster Limited Unit 5 Riverside Business Park Buxton Road Bakewell DE45 1GS

Approved by the Board of Trustees and signed on its behalf by

\ Penelope Orr

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Bamford Pre-School Playgroup Independent Examiners Report to the Trustees For the year ended 31 August 2023

| report to the trustees on my examination of the accounts of the charity for the year ended 31 August 2023.

Responsibilities and basis of report

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

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

Independent examiners statement

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

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act: or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

| have no concerns and have come across no other 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.

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Johnston Foster Limited

Unit 5

Riverside Business Park Buxton Road Bakewell DE45 1GS

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Bamford Pre-School Playgroup Statement of Financial Activities For the year ended 31 August 2023

Notes Unrestricted 2022
funds
£ £
Income and endowments from:
Donations and legacies 2 . 1,195
Charitable activities 3 47,281 40,250
Other trading activites a 2,659 918
Investments 5 12 -
Total 49,952 42,363
Expenditure on:
Raising funds 6 - (230)
Charitable activities 7/8 (52,543) (49,140)
Total (52,543) (49,370)
Netexpenditure (2,591) (7,007)
Reconciliation offunds
Total funds brought forward 36,435 43,442
Totalfundscarriedforward 33,844 36,435

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Bamford Pre-School Playgroup Statement of Financial Position As at 31 August 2023

Notes 2023 2022
£ £
Fixed assets
Tangible assets 13 629 656
629 656
Current assets
Stocks 40 40
Debtors 14 439 426
Cash at bank and in hand 33,857 36,359
34,336 36,825
Creditors: amounts falling due within one year 15 (1,121) (1,046)
Net current assets 33,215 35,779
Total assets less current liabilities 33,844 36,435
Netassets 33,844 36,435
Thefunds ofthe charity
Unrestricted income funds 16 33,844 36,435
Totalfunds 33,844 36,435

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

Penelope Orr ~ Trustee

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Bamford Pre-School Playgroup Notes to the Financial Statements For the year ended 31 August 2023

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.

Bamford Pre-School Playgroup meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

2. Income from donations and legacies

2023 2022
£ £
Donations received - 1,195
- 1,195
Income from charitable activities
2023 2022
£ £
Unrestricted funds
Pre school
Government funding 32,332 20,651
Fees 14,830 19,505
Milk 119 94
47,281 40,250
47,281 40,250
Income earned from other activities
2023 2022
£ £
Unrestricted funds
Fund raising events 2,659 918
2,659 918

3. Income from charitable activities

4. Income earned from other activities

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Bamford Pre-School Playgroup Notes to the Financial Statements Continued For the year ended 31 August 2023

5. Investment income

2023 2022
£ £
Unrestricted funds
Bank interest receivable 12 s
12 -
6. Expenditure on generating donations and legacies
2023 2022
£ £
Donations . 230
- 230
7. Costs ofcharitable activities by fund type
2023 2022
£ £
Unrestricted funds
Pre school 43,399 40,176
Support costs 9,144 8,964
52,543 49,140
8. Costs of charitable activities by activity type
2023 2022
£ £
Activities undertaken directly
Pre school 52,543 49.140
9. Analysis ofsupport costs
2023 2022
£ £
Governancecosts 9,144 8,964

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Bamford Pre-School Playgroup Notes to the Financial Statements Continued For the year ended 31 August 2023

10. Net income/(expenditure) for the year

This is stated after charging/(crediting):

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||||||| |---|---|---|---|---|---| |2023|2022| |£|£| |Depreciation|of owned|fixed|assets|231|316| |Accountancy|fees|678|648| |Staff pension|contributions|499|426|

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11. Staff costs and emoluments

Total staff costs for the year ended 31 August 2023 were:

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||||| |---|---|---|---| |2023|2022| |£|£| |Salaries|and wages|41,957|38,459| |Pension|costs|499|426| |42,456|38,886| |2023|2022| |Staff|5|4| |5|4|

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12. Comparative for the Statement of Financial Activities

The comparative year values on the Statement of Financial Activites are for unrestricted funds.

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Bamford Pre-School Playgroup Notes to the Financial Statements Continued For the year ended 31 August 2023

13. Tangible fixed assets

Plant and Computer
Cost orvaluation Machinery Equipment Total
£ £ £
At 01 September 2022 6,748 . 6,748
Additions - 204 204
At 31 August 2023 6,748 204 6,952
Depreciation
At 01 September 2022 6,092 - 6,092
Charge foryear 163 68 231
At 31 August 2023 6,255 68 6,323
Net book values
At 31 August 2023 493 136 629
At31August2022 656 . 656

14. Debtors

2023 2022
£ 3
Amounts due within one year:
Prepayments and accrued income 439 426
439 426
Creditors: amounts falling due within one year
2023 2022
£ £
Other creditors 683 566
Accruals and deferred income 438 480
1,121 1,046

15. Creditors: amounts falling due within one year

16. Movement in funds

Unrestricted Funds

Balance at Incoming Outgoing Balance at
01/09/2022 resources resources 31/08/2023
£ £ £ £
General
General 36,435 49,952 (52,543) 33,844
36,435 49,952 (52,543) 33,844

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Bamford Pre-School Playgroup Notes to the Financial Statements Continued For the year ended 31 August 2023

Unrestricted Funds - Previous year

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||||||| |---|---|---|---|---|---| |Balance|at|Incoming|Outgoing|Balance|at| |01/09/2021|resources|resources|31/08/2022| |£|£|£|£| |General| |General|43,442|42,363|(49,370)|36,435| |43,442|42,363|(49,370)|36,435| |Purpose|of|unrestricted|Funds| |General| |Provision|of early|education|services|

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17. Analysis of net assets between funds

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||||| |---|---|---|---| |Tangible|Net|current|Net Assets| |fixed|assets|assets|/| |(liabilities)| |£|£|£| |Unrestricted|funds| |General| |General|629|33,215|33,844| |629|33,215|33,844| |Previous|year| |Tangible|Net|current|Net Assets| |fixed|assets|assets|/| |(liabilities)| |£|£|£| |Unrestricted|funds| |General| |General|656|35,779|36,435| |656|35,779|36,435|

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Bamford Pre-School Playgroup Detailed Statement of Financial Activities For the year ended 31 August 2023

2023 2022
£ £
INCOME AND ENDOWMENT
Donations and legacies
Donations - 1,195
- 1,195
Charitable activities
Government funding 32,332 20,651
Fees 14,830 19,505
Milk 119 94
47,281 40,250
Other trading activities
Fund raising events 2,659 918
2,659 918
Investments
Bank interest receivable 12 -
12 -
Total incoming resources 49,952 42,363
EXPENDITURE
Raising donations and legacies
Donations - (230)
- (230)
Charitable activities
Cost of direct charitable activity (43,399) (40,176)
(43,399) (40,176)
SUPPORT COSTS
Governance costs
Governance costs (9,144) (8,964)
(9,144) (8,964)
Total resources expended (52,543) (49,370)
NetExpenditure (2,591) (7,007)

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This page does not form part of the statutory financial statements