**Company Registration Number 05097760**
## **J umping Beans Garratt Park Playgroup**
## **Report and Financial Statements**
**31 March 2021**
## **Jumping Beans Garratt Park Playgroup**
## **Report and Financial Statements 31 March 2021**
||**Contents**
**Page**
Legal and administrative details
3
Report of the Directors / Trustees
4
Report of the Independent Examiner
6
Statement of financial activities
7
Balance sheet
8
Notes to the financial statements
9|
|---|---|
2
**31 March 2021**
## **Jumping Beans Garratt Park Playgroup**
## **Legal and Administrative Details**
## **Status**
Jumping Beans Garratt Park Playgroup is a charitable company limited by guarantee
## **Directors / Trustees**
Nicola Saker (Honorary Treasurer) Julia Lee Alexandra Jones Maisa Langford (Resigned 13 December 2020) Rebecca Gibson (Resigned 13 July 2020)
## **Company Secretary**
Shakeira Lawson
## **Bankers**
Barclays Bank plc 83 Wandsworth High Street Wandsworth London
## **Independent Examiner**
Peter Selley Peter F. Selley & Co. 84 Belleville Road London SW11 6PP
## **Registered office**
Katherine Low Settlement 108 Battersea High Street London SW11 3HP
## **Company Registration Number**
05097760
## **Charity Number**
1114342
3
## **Jumping Beans Garratt Park Playgroup**
## **31 March 2021**
## **Report of the Directors / Trustees**
The Directors are also Trustees under charity law. The Directors / Trustees present their report and financial statements for Jumping Beans Garratt Park Playgroup (The Company) for the year ended 31 March 2021.
## **Principal activity**
The object and principal activity of the Company is the provision of educational activities to pre-school children in a caring and family orientated environment.
## **Organisational structure**
The company functions as an independent charitable entity, but is also a member of Childcare & Business Consultancy Services (CBCS).
## **Directors / Trustees**
Those Directors / Trustees who held office during the year and subsequently are shown on page 3. The Directors / Trustees have no beneficial interests in the Company.
## **Significant Activities**
The Company has sought to maintain a high quality of service to the children in its care. In particular, there have been regular reviews of the curricular, to ensure that the level and content of the education provided are appropriate and effective.
The expenditure for the year was £58,589 (2020: £75,428), compared to an income of £33,223 (2020: £57,831). Therefore the deficit for the year was £25,766 (2020: £17,597).
Despite the pandemic, in the year to March 2022, the Company continues to enjoy a high level of support from volunteers; individuals and local organisations. The staff members are continuing to undertake training that is benefiting them both personally and professionally.
4
## **Jumping Beans Garratt Park Playgroup**
## **31 March 2021**
## **Report of the Directors / Trustees (continued)**
## **Guarantees**
Members of the Company guarantee to contribute an amount not exceeding £1 to the assets of the Company in the event of a winding up. The total number of such guarantees at 31 March 2021 was 3 (2020: 3).
## **Small company provisions**
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime in Part 15 of the Companies Act 2006. The Directors / Trustees consider that the Company is exempt from an audit.
## **Independent Examiner**
Peter Selley of Peter F. Selley & Co. was appointed by the Directors / Trustees to carry out an independent examination of the Company’s accounts.
By order of the Board
Nicola Saker Director / Trustee
Katherine Low Settlement 108 Battersea High Street London SW11 3HP
29th March 2022
5
## **Report of the Independent Examiner**
## To the Directors / Trustees of Jumping Beans Garratt Park Playgroup
I report on the Company’s financial statements for the year ended 31 March 2021, which comprise the Statement of Financial Activities, the Balance Sheet and the related notes 1 to 9. These financial statements have been prepared under the accounting policies set out therein.
To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company’s Trustees and the Company as a body, for this report.
## **Respective responsibilities of Directors / Trustees and Examiner**
The Charity’s Trustees (who are the directors for the purposes of Charity law) are responsible for the preparation of the financial statements in accordance with applicable United Kingdom law. They also consider that the Charity is exempt from an audit. My responsibility is to carry out procedures designed to enable me to report on the matters set out in the statement below.
## **Basis of the Independent Examiner’s Report**
My work was conducted in accordance with the Statements of Standards for Reporting Accountants, and so my procedures consisted of comparing the accounts with the accounting records kept by the Company, and making such limited enquiries of the officers of the Company as I considered necessary for the purposes of this report. These procedures provide only the assurance expressed in my statement.
## **Independent Examiner’s Statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements
- a) to keep accounting records in accordance with the Companies Act 2006; and
- b) to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of Accounting and Reporting by Charities: Statement of Recommended Practise (January 2015) and Financial Reporting Standard 102.
have not been met; and
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Peter Selley Peter F. Selley & Co. 84 Belleville Road London SW11 6PP
29th March 2022
6
## **Jumping Beans Garratt Park Playgroup**
## **Statement of Financial Activities**
**Year ended 31 March 2021**
|_Note_
**Incoming resources**
Donations
_2_
Charitable activities
_3_
Investment income
Other income
**Resources expended**
Direct charitable expenditure
_4_
Management and administration
_5_
**Net movement in funds**
Other recognised gains or losses
**Fund balances brought forward**
**Fund balances carried forward**
**Restricted fund balances**
_9_
**Unrestricted fund balances**
|**£**
**-**
**33,223**
**-**
**-**
**33,223**
**44,340**
**14,649**
**58,589**
**(25,766)**
**-**
**90,421**
**64,655**
**1,744**
**62,911**
**64,655**
||Year ended|
|---|---|---|---|
|||||
|||||
|||||
7
## **Jumping Beans Garratt Park Playgroup**
## **Balance Sheet**
|**_Note_**
**Fixed assets**
Tangible assets
_6_
**Current assets**
Debtors
_7_
Cash at bank and in hand
**Creditors:**
**Amounts falling due within one year**
_8_
**Net current assets**
**Total assets less current liabilities**
**Funds**
Restricted fund
_9_
Unrestricted funds
Total equity shareholders’ funds
|**31 March**
**2021**
**£**
**2,288**
**-**
**64,967**
**64,967**
**(2,600)**
**62,367**
**64,655**
**1,744**
**62,911**
**64,655**
|31 March
2020
£
3,763|
|---|---|---|
|||278
90,885|
|||91,163
(4,505)|
|||86,658|
|||90,421|
|||2,041
88,380|
|||90,421|
For the year ending 31[st] March 2021 the Company was entitled to exemption from audit under section 477(2) of the Companies Act 2006.
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 responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies’ regime in Part 15 of the Companies Act 2006 and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practise (January 2015) and Financial Reporting Standard 102.
These financial statements were approved by the Board of Directors / Trustees on 29th March 2022 and signed on its behalf by:-
Nicola Saker Director / Trustee
8
## **Jumping Beans Garratt Park Playgroup**
## **Notes to the Financial Statements**
## **1 Accounting policies**
The financial statements are prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practise (January 2015) and Financial Reporting Standard 102.
The particular accounting policies adopted are described below.
## **(i) Income**
Voluntary income is received by way of donations and gifts and is included in income in full when received.
Donations in kind are valued and included in income to the extent that they represent goods or services that would otherwise be purchased.
Proceeds from fees charged are recognised as income in the year in which they are receivable.
A Restricted Fund is a fund that is to be used for a specific use, as laid down by the donor. Expenditure that meets the specific criteria is identified to that fund.
## **(ii) Management and administrative costs**
Management and administrative costs relate to all costs incurred in the general administration of the charity, which cannot be directly attributed to the provision of child care services. These include all the costs of statutory compliance.
## **(iii) Depreciation**
Tangible fixed assets are only recognised where there is an expectation that they will be used for more than one year and they cost more than £500. They are written off over their estimated useful lives. They are depreciated over their estimated useful lives on a straight line basis, principally as follows:
Toys and equipment 4 years Furniture and fittings 4 years
9
## **Jumping Beans Garratt Park Playgroup**
## **Notes to the Financial Statements (continued)**
## **2 Donations**
|Donations
Fund-Raising activities|**Year ended 31**
**March 2021**
Year ended 31
March 2020
**£**
£
**-**
-
**-**
679
**-**
679|**Year ended 31**
**March 2021**
Year ended 31
March 2020
**£**
£
**-**
-
**-**
679
**-**
679|**Year ended 31**
**March 2021**
Year ended 31
March 2020
**£**
£
**-**
-
**-**
679
**-**
679|
|---|---|---|---|
|||**March**||
|||||
||||679|
## **3 Charitable activities**
|Parental fees
Wandsworth FNEP fees (Including CJRS
Furlough claims)|**£**
**9,912**
**23,311**
**33,223**|£
38,876
18,276|
|---|---|---|
|||57,152|
## **4 Direct charitable expenditure**
|Salaries, wages, NI and agency costs
Equipment
Childrens’ Activities / Drama teaching
Operational costs|**£**
**33,645**
**3,789**
**3,549**
**3,357**
**44,340**|£
40,725
8,636
5,056
1,769|
|---|---|---|
|||56,186|
10
## **Jumping Beans Garratt Park Playgroup**
## **Notes to the Financial Statements (continued)**
|
**5**
**Management and administration**
Rent
Insurance
Recruitment costs
Fund raising expenses
Management charges
Accountancy
Legal costs
Training (set against the restricted fund)
Miscellaneous
Depreciation|**Year ended**
**31 March 2021**
Year ended
31 March 2020
**£**
£
**8,815**
10,530
**278**
278
**-**
960
**-**
341
**1,869**
3,486
**390**
390
**100**
216
**297**
434
**1,425**
1,132
**1,475**
1,475
**14,649**
19,242|**Year ended**
**31 March 2021**
Year ended
31 March 2020
**£**
£
**8,815**
10,530
**278**
278
**-**
960
**-**
341
**1,869**
3,486
**390**
390
**100**
216
**297**
434
**1,425**
1,132
**1,475**
1,475
**14,649**
19,242|
|---|---|---|
|||£
10,530
278
960
341
3,486
390
216
434
1,132
1,475
19,242|
## **6 Tangible assets**
|**Cost:**
At 1 April 2020
Additions in the year
Withdrawn in the year
At 31 March 2021
**Depreciation:**
At 1 April 2020
Charge for the year
Withdrawn in the year
At 31 March 2021
**Net book value:**
At 31 March 2021
At 31 March 2020|**Plant and**
**Machinery**
**£**
5,901
-
-|
|---|---|
||5,901|
||(2,138)
(1,475)
-|
||(3,613)|
||2,288|
||3,763|
There were no material outstanding capital commitments (either contracted or authorised) as at 31 March 2021 and as at 31 March 2020.
11
## **Jumping Beans Garratt Park Playgroup**
## **Notes to the Financial Statements (continued)**
|**7**
**Debtors**
Debtors
Prepayments
**8**
**Creditors - amounts falling due within one year**
Taxation and National Insurance
Accruals and deferred income|**31 March**
**2021**
**_£_**
**-**
**-**
**-**
**£**
**1,000**
**1,600**
**2,600 **||31 March
2020
_£_
-
278
278
£
557
3,948
4,505|
|---|---|---|---|
|||||
## **9 Restricted Funds**
The only current restricted fund is held for the training of staff. The balance at 31 March 2021 was £1,744 (2020: £2,041). £297 was utilised in the current year (2020: £434).
12