ALTON COMMUNITY PLAYSCHOOL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Contents Reference & Administrative Infonnation Trustees, Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements ALTON COMMUNrrY PLAYSCHOOL YEAR ENDED 31 MARCH 2024 Reference and Administrative Inforniation Incorporated in England and Wales on 7 April 2004 Number Charity Company 1106438 05097495 Directors and Trustees C Motoca M Henderson Reilly A Pozzi R Giovanetti N Kashtelyan A Simpey H-M Bond Registered Office Fontley Way London SW15 4LY Bankers Metro Bank One Southampton Row London WCIB SHA Independent Examiner R Dean FCA Purley Surrey CR8 4DY TIiUSTEFS REPORT forthe year ended 31 March 2(tt4 ReaTrAtrent and Appointm¢nt ofDir¢etOT¥ and Nornin*￿ Person jointty lead thes& The sessiOX]s covcrthc obligations ofM8nagement Commitr Mem￿ the content of the MI￿0r￿ndUrn and Arti¢l¢s of AssoGithon andthc Slmegic PI80 of the As%)ciatio New Trustees and Mryement Commitr membeTS bav¢ be¢n added to the Collwie5 Ho¥ they as follows: C Moto4 K H¢nderson Rellty. A Poz4 L Giovanrfty N. Kashtety4 A Simpey and Bon RlskPollcy consistent delivy for all OPtt*ionai aspects of the dwitable c4)rnpany. These proc&4ures n ptrityJi(alty review￿ to The Manag￿ are rtspOnsi￿1e for ensuTing that the clwity detiV4XS th¢ seThi¢ts $￿thed and that key perfornMnce TRUSTEES REPORT (contitilled) for the year ended 31 Mard 2024 in th¢ir publication Thtwnai Finrncial Cozrtrols for (ThthIi¢*ioD CC8) Investment Pow¢rs and R¢strietious 1961. Activities and Achievements Ahon Community PlaysdK)ol believes that th¢ir overnll objectives were achiev￿ during the ye•z. Due to th¢ financial directors and tsijstees. In this way. we aim to raise more funds to achieve and g¢n¢Tate the 8ppropriate ￿O￿llt of finding to th¢ d¢fiGiL Muth of the deficit that w¢ hold is th* to an i1Krc￿ numE¢r of children with Spxial Ethication Needs 2nd Di>bilitses who need an e4Jlwittd ratio. Thttefor< the nUDth of staff memkn ￿ ¢ll￿10Y 7s higher ￿er. Moreover. a sensory classroom h&$ been devd0￿1 to enable Childre￿ Sp￿la1 Educational Needs and Di9obilits¢s (SEND) to rn small group activitses to re8ulate their ithviour and firther support thcir I￿ning and developmenL This thc last few years, ithich continues to be high- StilL duldr¢n are givets the best opportsm1ts￿ to thrive xti a saf4 well. around £800. Sinct the Ju*GIw p2ge vas develope4 we also raised £li)QQ. whs¢h Ib#ock Primy School donated to our settitiir as b)oks. A5 FHrt of the Curiosity Approach Pthgogy. we use nattval r¢souT¢eS ts) enable children to become tnore independent Ènd use their imagination r*h¢r toys meaut to bc used for one intsjtion Ci.e. a toilet roll could be many things ralher than a pJasti¢ w toy). As of the Curiosty Apprnath proix we xlso h￿e bLth forall (*xldren tr* borrow. We are part of two Proje￿ the Space to Fl¢)urish and the One ProjecL and have paid the expenses for our staff members to attend thi& The nur5cry Indusioa for All proje£t C4)nti)wes to be vay popular siti￿ it offers a chlld-centffd appmath to working as part of Inte￿atsd Ser41￿ alongside prof¢ssionaIs such as Spe￿ and language therapist& occupational therdpi* yoga teachtt& PE tettbery ￿ educ*tional psyth1oW￿ Par￿ feel very supporte4 and the OFSTED inSp￿knr. fortheyear ended 31 March 2024 io Alton offers fifteen hours ea¢h week in lin¢ wilh WaDdsworth fimthg for atl 3. & &year.olds and fifteen houts ead) week for twtryear-old dIsadV￿ged djildren and 2.yeaT-ok¢ working pzratt& Jf they gre c]as8ed as eligible by WandswDrth and ￿￿￿C. tbese ses81iX￿ are vy p)pular. aud niost par￿ts use this for five thre+hour sessioD5 cath week t&m time. The f￿￿Ing for 2 to 4year-01&8 has in￿tas￿l sinc¢ septern￿ 2023. Th¢ fimding b&$ increased by 36% ptr ¢bild and continues to be the same for Children agpj two year4 Supporti￿ us financially. Therefor4 it was 38T￿ at th¢ last AGM to uptake Since Septthr 2017. ACP has offered thity fordll1dzen aged 3 to 4 whose pa[￿ts art ell￿7)1*. The playscbool has taken adv* of th¢ 1rn7ning by Wartdsworth E8rty Years and Nwsery Inclusion for All of the Early YeaTS Education R￿¥?￿Y Pro￿ 3 SENCO training deliv& These accounts have been prepared in accordance with the Provi￿nS applicable to small companies subject to small companies regime and in accordan￿ with FR5102 SORP. Signed by one of trustee/(fiTector on behalf of all t￿￿t￿￿￿reCtors gnature of or authenticating accoum5 being sent to Companies House Signed Name Date 13, 12. <)￿? ALTON COMMUNiff PLAYSCHOOL NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 IAccounting poliaes The following accounting poliaes have been used consistently in dealing with items which are considered material in relation to the financial statements Statement of Compliance The financial statements have been prepared tn accordance WTth Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordan￿ with Financial Report Standard applicable in the UK and Republic of Ireland (FRS102). They also cornpty with the Companies Act and Charities Act 2011. Basis of Preparation The playschool meets the definition of a public entity under FRSIO2. Going Concern. The trustees consider that there are no material uncertainties about the charivs ability to continue as a going concem. Income resour￿ and resources expended All income is recognised once the charity has entitlement to the income. All expenditure is recognised once there is a legal or constructive obligation to that expenditure. Support Costs Support costs include central functions and have been allocated to activity cost categories on a basis Cost with the use of resour￿$. Governance Costs These include costs attributable to the charitrfs compliance with constitutional and statutory requirements including Independent Examinerfs fees and accountsnLy services. Fixed Assets and Depreciation Tangible fixed assets are ststed at cost less depreciation. Equipment costing over £500 is capitslised and depreciation is charged at rates estimated to write off the cost of the assets over their estimated lives on a reducing balance basis of 25% per annum Computer equipment. Depreciation is charge at the rate of 25% of cost per annum. Sensory Room. Depreciation is charged at the rate of 25% of cost per annum. Building Costs relate to Fire and Safety Regulations. Depreciation is tharged at the rate of 25% of cost per annum. ALTON COMMUNfTY PLAYSCHOOL NOTES TO THE FINANCIAL sfATEMENTS for the year ended 31 March 2024 2024 2023 2 Governance costs Independent examinerfs fee AccountanLy seNices 240 £700 £1,000 3 Staff costs 2024 2023 Salaries and wages Social Security costs Pension costs 280,690 12,487 4,961 £298,138 295,154 13,659 3,887 £312,700 The staff costs indude £ 42,930 which relates to restricted funds (2023 £64.190) 2024 18 2023 20 Average head count in year No employee received emoluments of more than £60.IJ)O during the year {2023:NIL) 4 Trustees/Directors remuneration l Member of staff who is a trustee and director received ￿muneratIon for her employment. No remuneration was paid for her role as a tn￿ee. C Motoca remuneration £ 40.(M)0 { 2023 £ 41,21XI ) 5 Pension Scheme The charity operates a defined contribution pension scheme. The pension charge for the year represents contributions payable by the charity to the scheme and amounted to £ 4.961 { 2023 £ 3,887) io ALTON COMMUNif( PLAYSCHOOL NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 6 Fixed Assets Building Sensory Room Equipment Computer Total Equipment Cost Balance at l April 2023 Additions Disposals Balance at 31 March 2024 .0 13,147 83.255 £19,015 £13.147 £50,509 £584 £83.255 Depreciation Balance at l April 2023 Charge forthe year On disposal Balance at 31 March 2024 4.754 4,754 3,287 3,287 37,29) 3.306 292 146 45.623 11.493 £9.508 £6,574 £40,596 £438 £57,116 Net Book Value Balance at 31 March 2024 Balance at 31 March 2023 £9,507 £14,261 £6,573 £9,913 £9,860 £13.219 £146 £292 £26,139 £37,632 li ALTON commuN￿y PLAYSCHOOL NOTES TO THE FINANaAL 5fATEMEPtrs for the year ended 31 March 2024 2024 2024 2023 7 Cash at bank and in hand Unrestrirted Restricted Totsl funds funds Total Cash at bank and in hand (2.311) 7,808 5,497 5,551 8 Creditor5 . Amounts fallin8 due within one year Unrestrirted Restricted Totsl funds fvnds Totsl Accruals Taxation and social security 1,780 21.688 23,468 1,366 9.683 11.049 21,688 9 Long Term Liabilities: Loans £46,754 £46,754 The above amount consists of two loans personally guaranteed by a d1￿ClOr. £24,500 12