2023-08-31-accounts - Beighton Bizzy Bee Playgroups Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees	Stacey Thomas
	Charlotte Lax
	Philip Andrew
	Catherine Stevens
	Laura Lambert
	Rachel Clemitshaw
	Sarah Worne
	Philip Stevens
	Carly Sweet
	Helen Wilkins
	Sarah Braddon	(Appointed 12 January 2023)
Secretary	Stacey Thomas
Charity number	1102975
Company number	4264135
Registered office	Beighton Bizzy Bee Family Childcare Centre
	Off School Road
	Beighton
	Sheffield
	S20 1EG
Independent examiner	Wells Richardson
	Cannon House
	Rutland Road
	Sheffield
	South Yorkshire
	S3 8DP
Bankers	HSBC Bank plc
	10 Peaks Mount
	Sheffield
	S20 7PH

	Page
Trustees' report	1 −3
Independent examiner's report	4
Statement of financial activities	5
Balance sheet	6
Statement of cash flows	7
Notes to the financial statements	8−17

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2023	2023	2023	2022	2022	2022
Notes		E	E	E	E	E	E
Income from:
Charitable activities	3	705,677		705,677	518,650		518,650
Other trading activities	4	690		690	598		598
Investments	5	569		569	21		21
Total income		706,936		706,936	519,269		519,269
Expenditure on:
Raising funds	6				233		233
Charitable activities	7	674,191	188	674,379	547,112		547,112
Total expenditure		674,191	188	674,379	547,345		547,345
Net income/(expenditure)	and
movement in funds		32,745	(188)	32,557	(28,076)		(28,076)
Reconciliation of funds:
Fund balances at 1 September
2022		309,014	989	310,003	337,090	989	338,079
Fund balances at 31 August
2023		341,759	801	342,560	309,014	989	310,003

		2023		2022
	Notes
Fixed assets
Tangible assets	12		12,254		5,472
Current assets
Debtors	13	14,143		1,140
Cash at bank and in hand		429,267		395,943
		443,410		397,083
Creditors: amounts falling due within
one year	14	(113,104)		(92,552)
Net current assets			330,306		304,531
Total assets less current liabilities			342,560		310,003
Income funds
Restricted funds	17		801		989
Unrestricted funds			341,759		309,014
			342,560		310,003

		2023		2022
	Notes	£	£	e	£
Cash flows from operating activities
Cash generated from/(absorbed by)	21
operations			43,765		(752)
Investing activities
Purchase of tangible fixed assets		(11,010)		(2,496)
Investment income received		569		21
Net cash used in investing activities			(10,441)		(2,475)
Net cash used in financing activities
Net increase/(decrease) in cash and cash
equivalents			33,324		(3,227)
Cash and cash equivalents at beginning of year			395,943		399,170
Cash and cash equivalents at end of year			429,267		395,943

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
		£	£
	Fundraising and publicity
	Other fundraising costs		233
7	Expenditure on charitable activities
		Charitable	Charitable
		activities	activities
		2023	2022
		£	£
	Direct costs
	Staff costs	547,867	438,762
	Depreciation and impairment	4,228	2,013
	Art & craft, toys & consumables	7,198	8,941
	Food & refreshment	31,118	21,316
	Special events	−	221
	Nursery support costs	10,872	8,747
	Building costs	21,560	18,875
	Staff training, uniforms & events	2,135	1,212
	Legal & professional	334	1,086
		625,312	501,173
	Share of support and governance costs (see note 8)
	Governance	49,067	45,939
		674,379	547,112
	Analysis by fund
	Unrestricted funds	674,191	547,112
	Restricted funds	188
		674,379	547,112

Support costs
	Support	Governance	2023	2022	Basis of
	costs	costs			allocation
	£	£	£	£
Staff costs		43,590	43,590	39,325	Allocated on time
Legal and professional		2,040	2,040	3,420	Governance
Administrative support costs		3,437	3,437	3,194	Governance
		49,067	49,067	45,939
Analysed between
Charitable activities		49,067	49,067	45,939

The average monthly number of employees during the yea	r was:
	2023	2022
	Number	Number
Operating playgroups	26	23
Management and administration	2	2
	28	25
Employment costs	2023	2022
Wages and salaries	551,233	446,473
Social security costs	31,866	24,243
Other pension costs	8,358	7,371
	591,457	478,087

	Fixtures,
	fittings &
	equipment
	£
Cost
At 1 September 2022	34,052
Additions	11,010
Disposals	(340)
At 31 August 2023	44,722
Depreciation and impairment
At 1 September 2022	28,580
Depreciation charged in the year	4,228
Eliminated in respect of disposals	(340)
At 31 August 2023	32,468
Carrying amount
At 31 August 2023	12,254
At 31 August 2022	5,472

Debtors
		2023	2022
Amounts falling due within one year:		£	£
Trade debtors		9,734	403
Other debtors		3,804	148
Prepayments and accrued income		605	589
		14,143	1,140
Creditors: amounts falling due within one year
		2023	2022
	Notes	£	£
Deferred income	15	91,574	70,698
Other creditors		4,943	5,103
Accruals		16,587	16,751
		113,104	92,552

	2023	2022
Fees receivable in advance	91,574	70,698
Deferred income is included in the financial statements as follows:
	2023	2022
Deferred income is included within:
Current liabilities	91,574	70,698
Movements in the year:
Deferred income at 1 September 2022	70,698	49,570
Released from previous periods	(70,698)	(49,570)
Resources deferred in the year	91,574	70,698
Deferred income at 31 August 2023	91,574	70,698

	Unrestricted	Restricted	Total
	funds	funds
	2023	2023	2023
Fund balances at 31 August 2023 are represented by:
Tangible assets	12,254		12,254
Current assets/(liabilities)	329,505	801	330,306
	341,759	801	342,560
	Unrestricted	Restricted	Total
	funds	funds
	2022	2022	2022
Fund balances at 31 August 2022 are represented by:
Tangible assets	5,472		5,472
Current assets/(liabilities)	303,542	989	304,531
	309,014	989	310,003

2023	2022
5,521	5,174
5,174	6,832

			2023	2022
In	over five	years	49,540	54,494

Cash generated from operations	2023	2022
Surplus/(deficit) for the year	32,557	(28,076)
Adjustments for:
Investment income recognised in statement of financial activities	(569)	(21)
Depreciation and impairment of tangible fixed assets	4,228	2,013
Movements in working capital:
(Increase)/decrease in debtors	(13,003)	5
(Decrease)/increase in creditors	(324)	4,199
Increase in deferred income	20,876	21,128
Cash generated from/(absorbed by) operations	43,765	(752)