2021-07-31-accounts - Ridgeway Playgroup Limited

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

		0
			~
		. The charity's objectives are to provide safe and satisfying group play for
ofthe objects umma o 'ec	ofthe	the promotion ofthe education ofpre-school-age children.
charity set out in its
governing document
			The trustees make all decisions with regards to the public benefit
		,'requirement.
		i	Ridgeway Playgroup exists to provide public benefit through the provision
			ofa playgroup and pre-school forthe local community.
Summary ofthe main activities undertaken forthe public benefit in reiation to		,	Where we charge for our provision, the fees are reviewed and maintained at an affordable level.
these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity		,	When reviewing our opening hours and access to our premises we take into account the needs ofthe local community (eg how it fits with the school day, whether the least advantaged parents can still afford to access full provision).
Commission on public benefit)			We review the cost ofservices (eg payroll) and staffing levels carefully.
			No personal benefits are received by the trustees.
Additional details ofobjectives		and activities (Optional information)
			Playgroup is run by volunteer parents and staff who oversee all the legal
			and financial obligations ofthe charity and company.
			It is acknowledged that this is a time consuming and complex business and the input ofthe trustees is invaluable in the continued existence of
			Playgroup.
You may choose to include further statements, where relevant, about:			This year we carried out a successful Christmas nativity event which was organised by the committee and volunteer parents as well as raising small amounts ofadditional funds through donations throughout the year.
~ policy on grantinaking;
~ policy programme related investment;			We were unfortunately unable to run the Spring fun day and take part in other fundraising activities this year due to the covid19 pandemic.
~ contribution made by		'	We made a successful application to receive a Parish grant for
volunteers,			equipment.

a	e	~		i a r ~ ~ ~ r
Summary ofthe main achievements ofthe charity during the year				During this period we have been open 5days a week for 38weeks ofthe year. We have been open throughout the lockdowns and have increased our opening hours to now include Tuesday and Wednesday afternoons.
				, We provided term time childcare in accordance with the requirements of
				the Early Years Foundation Stage Framework, Ofsted Framework and
				the requirements ofthe Gloucestershire Early Years team.
				It has been another very challenging year due to the pandemic. We were
				~ only able to carry out 1 main fundraising event —the Christmas Nativity. ,'This fundraising provides useful additional funds for resources, However,
				the other planned events were forced to be cancelled. Parents have
				contributed with some donations of items playgroup required and money.
				We have continued to foster strong links with local Primary Schools and
				, continue to work with other local settings to share good practice. Itwas
				unfortunate that no school visits were able to take place this year. But the
				Reception Teachers from the Primary Schools were able to visit us
				instead to meet the pre schoolers. We have received good support and
				advice from the Early Years Team at Gloucestershire County Council and
				from PATA.
				, The Chair and Treasurer ofTrustees changed at the AGM in November
				' 2020 and the Secretary remained unchanged.
				We continued to provide the extended opening hours, being open 5days
				per week and continued to provide a total of27.5 hours ofa provision a
				, week and places for children from 2years upwards,
				, We had good child numbers evenly spread across the five days and the
				' numbers rose steadily throughout the year.
				We chose to ensure we had a more stable level ofstaffing going forward.
				,'Ensuring that we have 4 members ofstaff working everyday. We felt it
				would be hugely beneficial forthe children to have extra staff on hand. As
				' well as staff feeling more valued and hopefully retained as they are not
				having their hours changed according to children's numbers.
				We have continued to successfully deliver provision of the extended 30
				hours childcare and Tax-free childcare (beginning September 20'I 7), We
				have provided support to parents to enable them to sign up and access
				these additional benefits. We have also continued our membership of
				' childcare voucher schemes.
				The staff coped amazingly welt during the pandemic and have adapted to the 'new normal' way ofworking. A new policy and risk assessment for
				Covid19 was created and the staff applied itto playgroup to ensure the
				l safety ofour children and staff. It has been a real challenge.
				, We were able to maintain the business and in fact increase turnover and
				no staff were furloughed. We felt it was important to retain our wonderful
				staff.

~	We began and finished finished with a loss of	this year with a good level 23408 in 2020 and finished	this year with a good level 23408 in 2020 and finished	of reserves. We with a profit of22379 in
', '	2021.Our child numbers increased and this was helped by being open
,	extra hours (Tuesday	and Wednesday	afternoons).	We have now been
~	allowed to keep these	hours indefinitely.	For the first time in a number of
'	years we have a waiting list ofchildren		wanting to	start as far forward as
	September 2022.

Ridgeway Playgroup	Umited		Charity No	1117737
Accounts foryear ended 31/07/2021
~Section BBalance Sheet at31July 2021
	Note		2021E	2020E
FIXEDASSETS
Tangible Assets
CURRENT ASSETS
Debtors
Cash at bank and in	hand		16,003.75	13,624.39
CREDITORS: amounts	falling due
within one year
NET CURRENT ASSETS			16,003.75	13,624.39
FUNDS
Restricted		9
Unrestricted		9	16,003.75	13,624.39
TOTAL			16,003.7S	13,624.39

Notes tothe	Notes tothe	Accounts (Co	Accounts (Co	Accounts (Co	Accounts (Co	Accounts (Co	nt.)
2.BSCOMING		RE5DURCSS
								Unreririaed
								Frurds E				Trxsl	20218	Total 2020E
VOLUNTARY		INCOME
Chalfonl Parish			Grant
CIAVITTES FOR				GENERATING FUNDS
														52628
Misc Inrolne
Grants												31283.49
								3126724				31267.24
Rent refund									61.65				61.65
Total
								estricted		Restricted	Funds
								Fundsf				Tatal	2021E	Total 2020E
Fundraisi	costs
Tatal
								Unresuicuuf		Restricted	Funds
								Flrrlds f				Tatal	2021f	Total 2D20f
														27146
Ofstedre			tian										50
PATA rnetgrerstu				p					126					95
ICOfee														35
Materials,		uiprnent					rchased
Tri gacdvities														46
Su
and	5
Ovenlraft and			bank cha			es
		ebsite			servhns
Other charitable
STAFFCOSTS
W esand salaries												4994259		3717358
Taxand NI												1978.08		102144
								1084.Dl				1084.D1
														2D7.5
Total
										Restncted	Fvnds
										f		Total	2021E	Total 2D20 E
Pa 8senrices														321
Accounts		services
Total
												Total
										20SSde	r
Value at31				2020
Addidons
Value at31				2021
7. DEBTORS
								2D20f		2021E
Overdue fees
8.CREDITORSC			AMOUNTS				FALUNG PUEVNTHIN		ONE	TEAR
	'									2021f
Social				and other			taxes
Accnlak
9- ANALVSIS		OFNETASSEISBEIWEEN
										Restncted	Funds
										f		Total	2D21	2020f.
Tan ible Fixed				assets
Current assets											0	16003.75
Current debtors
Current liabTiities
Netsssetsat31					2018			16N8.75			0	16003.75		13624.39
estricted funrh				represent			funds vrith	designated	sparge purpose		(eg.Parish grant)

			Year Ended	YearEnded	Year Ended
			Jul-19	1UI-20	]BI-21
fncollle
Grants (Gov fundingj			39591.06	33885.26	31268A9
Grants {parish counciij					300
Fees			7200	5932	31267.24
Transfer from reserve		account	0	0	0
Rent Refund			84A4	0	61.65
Fund raising			872.71	526.28	15.84
Donations			246	50	468
Misc Income			617	199.99	60
Reserve Account Interest			0	0
			48611.21	40593.53	63441.22
&penditure
Wages			35317.78	37173.58	4994299
Pension			243.01	844.48	1'084.01
Rent			3564	2665.02	4780
Petty Cash (other)			0	0	0
Ofsted			50	50	50
Clothes			0	270.03	0
Stationery 5Postage			0	0	0
Materials			1678.7	823.76	1130.3
Expenses			279.1	13	620.68
Accountant Fees			0	0
ICO			35	35	35
Fundraising			318.53	80	0
HMRC Tax8 Nl			347,12	1021A4	1978.08
insurance			271.16	27116	263.94
Payroll			444	321	403
Training			75	207.5	349.86
Trips 8 Activities			450		213.4
Pata Fees			340	95	126
Supastrikers			270	0	0
Advertising/Website	Charges		165	85	85
Overdraft charge			0	0
Bank charges/returned		chqs	0
Net Expenditure			43848.4		61061.86
Net Inflow/Outflow	in	Period	4762.81	-3408A4	2379.36
Balance Sheet asat	313uly
Current account b/f			12264.22	17027.03	13618.59
Reserve account b/f			5.8	5.8	5.8
Net Inflow/Outflow	in	Period	-340SA4	0	2379.36
			8861.58	17032.83	16003.75
Current account c/f			17027.03	13618.59	15997.95
Reserve account c/f			5.8	5.8	5.8

(Section A	Statement offinancial	activities	(including summary	income	and expenditure	and expenditure	account)
			Unrestricted Restricted
		Note	funds funds		Total 2021	Total 2020
			f	f	f		f
INCOMING	RESOURCES	2	63441.22		63441.22	40593.53
RESOURCES EXPENDED
Fundraising	costs	3					80.00
Charitable	activities	4	60,658.86		60,658.86	43,600.97
Governance	costs	5	403.00		403.00		321.00
Totalresources expended			61061.86		61061.86	44001.97
Net movement in funds			2,379.36		2379.36 -		3408A4
Total funds	brought forward		13,618.59		13,62439		17,032.83
Total funds	carried forward		16,003.75		16003.75		13624.39
Net assets	at31July 2021	9	16,003.75		16003.75		13624.39