Charity Registration Number 1100330 Company Registration number 04884359 ## SANDCASTLES PRE-SCHOOL PLAYGROUP ## ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR YEAR ENDING 31 AUGUST 2024 Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 ## SANDCASTLES PRE-SCHOOL PLAYGROUP ## CONTENTS |Trustees report|Page 1 – 3| |---|---| |Statements of Trustees responsibility|Page 4| |Statement of financial activities|Page 5| |Balance sheet|Page 6-7| |Notes to financial statements|Page 8 – 11| Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 ## SANDCASTLES PRE-SCHOOL PLAYGROUP ## TRUSTEES REPORT ## FOR THE YEAR ENDING 31 AUGUST 2024 The trustees present their annual report and financial statements for the year ending 31 August 2024. The financial statements have been set out in accordance with the accounting policies set out in note 1 to the financial statements. ## OBJECTIVES AND ACTIVITIES The objectives of the charity are: - 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 - Offering appropriate play, education and care facilities and training courses, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion or means of ability - Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs - Instigating and adhering to and furthering the aim of the pre-school alliance The Trustees have paid due regard to guidance issued by the Charity Commission on public benefit when reviewing the charity’s aims and objectives and in planning future activities. In particular the Trustees consider how planned activities will contribute to those aims and objectives. ## ACHIEVEMENTS AND PERFORMANCE Sandcastles Report for September 2023 to August 2024. In September, there were 22 children on the books and the staff started on 21 hours each, except Sophie who works 20 hours. The setting got a quote for building work; move shed, put up high fence, under cover area and make good the side of the building so that we can have extra space in the garden mainly for bikes. Megan our student returned for one day per week and Mya, student returned for two days per week, she left in June. In October, the setting received an anonymous donation of £100 and at Christmas, we received 3 hampers to raffle off alongside our usual raffle items raising in total £323. In February, we hired a life cycle experience of hatching eggs to chickens. 1 Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 In March, the setting received another £100 donation alongside the Easter raffle and fun session for parents to attend, which raised £291.00 April saw the new 15-hour funding coming in for all children with both parents working and seven new children started due to the new funding. In April our prices increased to £5.00 per hour and £2.50 lunch and early morning start. In summer term, Bags for school raised £82 and the Connor School fete raised £185.00 ## FINANCIAL REVIEW The results for the year are shown in the statement of financial activities and show a net loss of £7,507 (profit of £4,333 in 2023) together with the reserves brought forward give a total reserves figure at the year-end of £48,280 (£55,788 in 2023). ## RESERVES POLICY The Trustees aim to hold reserves in funds at an adequate level to support the charity’s current and future activities. ## INVESTMENT POLICY The Trustees have considered the most appropriate policy for investing funds and that the current arrangement with short term bank deposits meets the requirement to generate a reasonable return on capital whilst maintaining access to funds for operational purposes. ## RISK MANAGEMENT The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. The contribution made by volunteers to the charity are immeasurable as they not only run the committee but also help with fundraising and community activities. ## PLANS FOR THE FUTURE The charity plans to continue the activities outlined above in the forthcoming years and at the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing these financial statements. ## STRUCTURE, GOVERNANCE AND MANAGEMENT Sandcastles pre-school playgroup is a company limited by guarantee governed by its Memorandum and Articles of Association. It became a registered charity on 27 October 2003. In the event that the charitable company is wound up the members agree to contribute an amount not more than £1 to the assets of the charitable company. 2 Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 ## SANDCASTLES PRE-SCHOOL PLAYGROUP ## LIST OF TRUSTEES ## FOR THE YEAR ENDING 31 AUGUST 2024 TRUSTEES The Trustees are also the Directors for the purpose of company law; G Shilston A Allen K Burden L Rescorla J Marrion C Mcleish V Rouncefield R Wilson RECRUITMENT AND INDUCTION OF TRUSTEES Subject to approval of the members, the Trustees may appoint a person who is willing to act to be a Trustee. Potential Trustees meet the Trustees and senior management prior to the proposal as a Trustee. Once appointed, Trustees undertake an induction into the working of the charitable company including observing operational activity, discussion with staff and reading information such as financial statements and other evaluation documents. The trustees are legally responsible for the overall control and management of the charity and the Nursery Manager is responsible for the day to day management and administration of the charity and reports to the Trustees. 3 Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 ## SANDCASTLES PRE-SCHOOL PLAYGROUP ## STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDING 31 AUGUST 2024 Company law 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 including the income and expenditure of the charitable company for that year. In preparing these financial statements the Trustees are required to; - Select suitable financial statements and then apply them consistently - Observe the methods and principals in charity SORP - Make judgments and estimates that are reasonable and prudent - State whether applicable UK accounting standards have been followed - Prepare the financial statements on the going concern basis The Trustees are responsible for keeping adequate 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 Companies Act 2006. They are also responsible for safe guarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 4 Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 ## SANDCASTLES PRE-SCHOOL PLAYGROUP ## STATEMENT OF FINANCIAL ACTIVITES ## FOR THE YEAR ENDING 31 AUGUST 2024 |**Income from**|**2024**||**2023**|Note| |---|---|---|---|---| |Donations and Grants|-||-|2| |FundraisingIncome|£607||£267|| |Charitable Activities|£89,279||£110,685|
3| |Other Income|-||-|| |||||| |**Total Income**|£89,886||£110,952|| |||||| |**Expenditure on**||||| |Charitable Activities|£97,393||£106,619|
4| |||||| |**Net Profit/Loss for the Year**|**(£7,507)**||£4,333|| |||||| The statement of financial activities includes all gains and losses recognised in the year All income and expenditure derive from continuing activities The charity has opted to prepare the accounts under Charities SORP (FRS 102) and is exempt from preparing a cash flow statement on the grounds that it is a small charity 5 Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 ## SANDCASTLES PRE-SCHOOL PLAYGROUP ## BALANCE SHEET ## FOR THE YEAR ENDING 31 AUGUST 2024 ||||**31 Aug**
**2024**||**31 Aug**
**2023**|| |---|---|---|---|---|---|---| ||**Current Assets**|||||| ||Business Account||£26,573||£34,082|| ||Savings Account||£21,657||£21.657|| ||Ltd Co Account||£50||£50|| ||Total in the Bank||**£48,280**||**£55,788**|| |||||||| ||Prepayments||**-**||**-**|| |||||||| ||**Fixed Assets**|||||| ||Computer Equipment|||£8,488||£8,488| ||Depreciation on Computer Equi.|||(£8,488)||(£8,488)| ||Fixtures and Fittings|||£8,577||£8,577| ||Depreciation on Fixtures and Fit.|||(£8,577)||(£8,577)| ||CarryingAmount|||£0||£0| |||||||| ||Total Assets||£48,280||£55,788|| |||||||| ||**Current Liabilities**|||||| ||Accounts Payable||-||-|| ||Reserves Brought Forward||£43,998||£43,998|| |||||||| ||Net Assets||£4,282||11,789|| |||||||| ||**Current Years Earnings **||**(£7,507)**||**£4,333**|| The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts. 6 Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP. Signed on behalf of the charity’s Kirsten Burden Print Name Trustees ~~P|~~ Signature ~~| ah~~ Chairman Position ~~P|~~ 05 / 20 / 2025 Date ~~P|~~ 7 Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 ## SANDCASTLES PRE-SCHOOL PLAYGROUP ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 AUGUST 2024 ## 1. ACCOUNTING POLICIES These financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Accounting and Reporting by Charities the statement of recommended practice for Charities applying FRS 102, the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015. The Charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in Sterling, which is the functional currency of the charity. Monetary amounts are rounded to the nearest £. At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing these financial statements. Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably and it is probable that income will be received. Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Plant and machinery 4 YEARS Fixtures and fittings 4 YEARS The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/expenditure for the year. The company being a registered charity is exempt from corporation tax. 8 Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 ## 2. DONATIONS AND LEGACIES |Donations and grants
Fundraising
3. CHARITABLE ACTIVITIES
£
Funded Fees
Charitable activities 2024
82,130
Charitable activities 2023
104,491
4. EXPENDITURE ON CHARITABLE ACTIVITIES
Staff costs
Depreciation
Rent
Consumables
Play Materials
Play Activities
Refreshments
Cleaning and Waste Disposal
Equipment Lease
Repairs and Renewals
Insurance
IT Software
Payroll and Bookkeeping Fees
Postage
Professional Fees
Staff Training/clothing
Stationary
Telephone & Internet
Governance Costs
Miscellaneous
Total unrestricted funds Yr ending 31 Aug 2024
Total unrestricted funds Yr ending 31 Aug 2023|£
£
2024
2023
-
-
607
267
£
£
Nursery Fees
Total
7,149
89,279
6,194
110,685
£
£
2024
2023
78,081
86,267
-
7
6,154
5,199
688
1,085
1,225
2,856
1,160
2,250
1,023
1,033
298
308
560
707
691
860
940
677
139
169
2,280
2,280
3
14
179
167
1,033
418
910
1,665
157
320
250
200
1,620
137
97,393
106,619| |---|---| 9 Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 |5. SUPPORT COSTS AND GOVERNANCE
Operating lease charges
Independent examiner fees|2024 £ 2023 £
485
642
250
200| |---|---| ||735
842| ## 6. TRUSTEES None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity. No Trustee expenses have been incurred. ## 7. RELATED PARTY TRANSACTIONS |Remuneration of key management personnel
8. EMPLOYEES
The Average number of employees during the year was
Employment costs
Pension costs
9. TANGIBLE FIXED ASSETS
Computer
Equipment £
**Cost**
At 1 September 2023
8,488
Additions
0
At 31 August 2024
8,488
**Depreciation**
At 1 September 2023
8,488
Depreciation charge
0
At 31 August 2024
8,488
**Carrying Amount**
At 31 August 2024
0
At 31 August 2023
0|£
2024
26,021
2024
6
£
76,922
1,159
78,081
Fixtures and
Fittings £
8,577
0
8,577
8,577
0
8,577
0
0||£
2023
23,192
2023
7
£
85,139
1,127| |---|---|---|---| ||||86,267
Total £
17,065
0| ||||17,065
17,065
0| ||||17,065| ||||0| ||||0| 10 Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 ## 10. OTHER CREDITORS FALLING DUE WITHIN ONE YEAR ||2024|£|2023|£| |---|---|---|---|---| |Other creditors||0||0| ## 11. OPERATING LEASE COMMITMENTS At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable leases, which fall due as follows: ||2024 £|2023 £| |---|---|---| |Within one year|437|437| |Between 2 and 5 years|1,311|1,748| 11 Doc ID: 1d4e0fef3b3407db6be56d716d75ab1734272843 Sandcastles - Final annual report 23.24 Sandcastles - Fin... report 23.24.pdf 1d4e0fef3b3407db6be56d716d75ab1734272843 MM / DD / YYYY a Signed **05 / 20 / 2025** Sent for signature to Kirsten Burden 10:17:48 UTC (kirstenburden@btinternet.com) from billiejoroyle@gmail.com IP: 109.155.113.181 **05 / 20 / 2025** Viewed by Kirsten Burden (kirstenburden@btinternet.com) 15:27:36 UTC IP: 86.147.17.29 **05 / 20 / 2025** Signed by Kirsten Burden (kirstenburden@btinternet.com) 15:28:05 UTC IP: 86.147.17.29 **05 / 20 / 2025** The document has been completed. 15:28:05 UTC