2023-07-31-accounts - Ridgeway Playgroup Limited

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: Trustees’ Annual Report for the period
Period start date Period end date
a A From . To
Section A Reference and administration details
Charity name | Ridgeway Playgroup Ltd |
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Other names charity is known by Registered charity number (if any) | 1117737

Charity's principal address |[New][Homestead]

Eastcombe Stroud, GLOS Postcode GL6 7DY

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Names of the charity trustees who manage the charity
Trusteename =| Office (ifany)F i yearDates acted=if notSSCs for whole | Nametoappointtrustee of person (or (ifany) body) entitled
1 | Theresa Wallace Chair
2 Jeannette Treasurer
Dangerfield |
3 | Laura Holloway Secretary
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Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name = ti ttti(‘éééU Dates actedifnotforwholeyear 2 2
TAR ] March 2012
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Names and addresses of advisers (Optional information)
Typeofadviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
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Description of the charity’s trusts

Type of governing document Constitution
iow the eharity is Gansiiutee The Charity was incorporated on 26 July 2006 as a company limited by guarantee and is registered with the Charity Commission. The affairs of the company are governed by its memorandum and articles of association. The liability of themembers in the event of the company being wound up is limited to a sum not exceeding £1.
Trusiee selection meitads Trustees are elected by members at the AGM in November each year.
Additional governance issues (Optional information) You may choose to include : os adefitionsl information. where Ridgeway Playgroup has a set of policies and procedures related to all , aspects of the day to day operation of Playgroup, employment of staff and
sclavari. ehouk , , roles of Trustees. We are governed by the requirements of the Early
e policies and procedures Years Framework and Ofsted. We are audited by Gloucestershire Early adopted for the induction and | Years Team for our processes and procedures, with particular regard to training of trustees; safeguarding.
e the charity’s organisational ; ; oy structure and any wider Ridgeway Playgroup is a member of PATA, which is a voluntary sector network with which the charity provider of support to early years providers in Gloucestershire. works;
e relationship with any related parties;
e trustees’ consideration of major risks and the system and procedures to manage them. €

Additional governance issues (Optional information)

TAR

March 2012

Section C	Objectives and activities _	Objectives and activities _
			The charity's objectives are to provide safe and satisfying group play for
Summaryofthe objects ofthe			the promotion ofthe education ofpre-school-age children.
charityset out in its governing document

		_	The trustees make all decisions with regards to the public benefit requirement.
			Ridgeway Playgroup exists to provide public benefit through the provision
	_	ofaplaygroup and pre-school for the local community.
Summaryofthe main activities undertaken forthe public benefit in relation to
tneovlects(rouwithin d veluration ae. 5oe Hes ” eclaration that trustees have had regard tothe guidance issuedbytheCharity oneonpublic	_ When reviewing ouropening hoursandaccesstoourpremiseswetake	into account theneedsofthe localcommunity (eghow itfitswiththe school day, whether the leastadvantaged parentscan still affordto "access full provision) ,	Wereviewthe cost of services(egpayroll)andstaffing levelscarefully. No personal benefits are received by the trustees.
Additional details of objectives	and activities (Optional information)
			Playgroup is run byvolunteer parentsand staffwho oversee all the legal
			and financial obligations ofthe charity and company.

. peepenay chooseto clude felevant about , , , e policy on grantmaking; ° jie—related= SSRI,		Thisyearwecarried outa successful Christmas Concert eventwhich	was organised by the staffas well as raising small amounts ofadditional
e contribution made by volunteers. ™


			i

TAR

March 2012

Section			Achievements and performance
Summaryofthemain achievements ofthe charit during the vear 9 y	y
				We provided termtime childcare inaccordance with therequirements of
				the Early Years Foundation Stage Framework, Ofsted Framework and
				the requirements ofthe Gloucestershire EarlyYears team.
			_	We have held ourChristmas concert this yearwhich raised £400. This fundraising provides useful additional funds for resources. Parents have
		_	continued to contribute with donations ofitems playgroup required and
		_
			We have continued to foster strong links with local Primary Schools and
			continue to work with other local settings to share good practice. School
			visits have taken place this year and the Reception Teachers from the
			Primary Schools were able to visit us 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 Secretary ofTrustees remained unchanged at theAGM in
			November 2023 and the Treasurer changed.
			We continued to provide the extended opening hours, being open 5 days
			perweek and continued to provide a total of30 hours of provision a
				week and places for children from 2 years upwards.
				We had very good child numbers evenly spread across the five days and
			the numbers rose again throughout the year.
				We chose to ensurewe had a more stabie level of staffing going forward.
			Ensuring thatwe have 6 members of staffworking everyday. We felt it
			would be hugely beneficial for the children to have extra staff on hand. As
			well as stafffeeling 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 ofthe extended 30
		_	hours childcare and Tax-free childcare (beginning September2017). We
			have provided support to parents to enable them to sign up and access
			these additional benefits. We have also continued ourmembership of
			childcare voucher scheme
			We were able to maintain the business and in fact increase turnover . We
			felt itwas important to retain our wonderful staff.
Section E		Financial review
Brief statement ofthe charity’s policyon reserves			— _	We began and finished this yearwith a good level of reserves. Our child numbers increased and thiswas helped by bring openfor the full 30 hrs a week. We also have a waiting list ofchildren wanting to start as far
		_	forwardasSeptember2025.

TAR

March 2012

Details of any funds materially in deficit

in deficit | Further financial review details (Optional information) ae ee etm ites | The principal sources of funds for Ridgeway Playgroup are the Early sclevart eben: _ Years grant from Gloucestershire Council (15 hours funded childcare for | oo , _ children from the term after their 3° birthday). We also receive funding
e the charity's principal _ for eligible 2 year olds and additional Pupil Premium funding for the most sources of funds (including | disadvantaged. any fundraising); |
e how expenditure has ' Some of our income comes from fees for those children who are not supported the key objectives eligible for Early Years funding or who have exceeded their funded hours of the charity; | limit.
- investment policy and | , geet objectives including any | We have managed to increase our children’s numbers over the last year inal | : | and now have a waiting list for next term. We have also increased staffing
ethical investment policy . adopted. || hours and all of our staff are now qualified.

Section F

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Other optional information
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Section G Declaration The trustees declare that they have approyed the trustees’ report above. Signed on behalf of the charity’steussdes—— ;

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gnature(s} (MUA.
ca, I
Full name(sy Theresa Wallace
Position (eg Secretary, Chair, | [Chair]
etc)
Date 14/41/23
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€

TAR

March 2012

Ridgeway Playgroup Limited Charity No 1117737 Accounts for year ended 31/07/2023 Company No {5887047

||SectionA Statementoffinancial|activities|(includingsummaryincome and|(includingsummaryincome and|income andexpenditureaccount)|income andexpenditureaccount)| |---|---|---|---|---|---| |||Unrestricted|Restricted||| ||Note|funds|funds|Total 2023|Total 2022| |||£|£||£| |INCOMING RESOURCES|2|_131,454.63|-|131,454.63|92,628.42| |RESOURCES EXPENDED|||||| |Fundraisingcosts|3|-|||-| |Charitable activities|4|109,796.83|-|109,796.83|76,773.01| |Governance costs|5|598.85||598.85|489.55| |Total resources expended||110,395.68|-|110,395.68|77,262.56| |Net movement in funds||21,058.95|-|21,058.95|15,365.86| |Total funds brought forward||31,369.61|-|31,369.61|16,003.75| |Total funds carried forward||52,342.83|-|52,342.83|31,369.61| |Netassetsat31July2021|9|52,342.83||52,342.83|31,369.61|

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

Ridgeway Playgroup Limited Charity No 1117737 Accounts for year ended 31/07/2023 Company No [5887047

|Section B Balance Sheet at 31 July 2023

		2023 £	2022 £
FIXED ASSETS
Tangible Assets	6		-
CURRENTASSETS
Debtors	7		-
Cash at bank and in hand		52342.83	31,369.61
CREDITORS: amounts falling due
within one year	8		-
NETCURRENTASSETS		52,342.83	31,369.61
FUNDS
Restricted	9		-
Unrestricted	9	52342.83	31,369.61
TOTAL		52,342.83	31,369.61

The company was entitled to exemption from audit under s477 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.

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.

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nate Si
Signed by one or two trustees/directors on $7) NGA, 7 pL
behalf of all the trustees/directors } . La: | j ia) {
Print Name, J DANGAERAEL) GO Kebs/K-
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vai FERESA WALKACE) COW XU
Date dd/mm/yyyy
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Print Name J-DIAN GERALD QO/HADK-
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SS eS ——

Ridgeway Playgroup Limited Charity Number 1117737 2021-2022 Financial Statements

Note 1 Basis of preparation of Accounts

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1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value
unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
vw accountsthe Statementin accordance of Recommended with the FinancialPractice: AccountingReporting Standard and Reportingapplicable by Charitiesin the UK preparing and Republic theirof
Ireland (FRS 102) issued on 16 July 2014
© . the Financial Reporting Standard applicable in the United Kingdom and Republic of ireland (FRS
and with v 102)
¢ and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS
102. * v
1.2 Going concern
if there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue
@s a going concern, please provide the following details or state "Not applicable", if appropriate:
An explanation as to those factors that support the conclusion that Adequate resources continue to be available to fund the
the charity is a going concern; activities of the Playgroup and the Trustees are of the
view that the charity is a going concern.
Disclosure of any uncertainties that make the going concern None
assumption doubtful;
Where accounts are not prepared on a going concern basis, please © Not applicable
disclose this fact together with the basis on which the trustees
prepared the accounts and the reason why the charity is not
regarded as a going concern.
1.3 Change of accounting policy
The accounts present a true and fair view and no changes have been made to the accounting policies adopted.
Please disclose:
(i) the nature of the change in accounting policy; None
(ti) the reasons why applying the new accounting policy provides more reliable
and more relevant information;i and None
(iii) the amount of the adjustment for each line affected in the current period,
each prior period presented and the aggregate amount of the adjustment N
relating to periods before those presented, 3.44 FRS102 SORP. one
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP}.
— a eke epropriats
Please disclose:
(i) the nature of any changes; None
(ii) the effect of the change on income and expense or assets and liabilities for None
the current period; and
(ili) where practicable, the effect of the change in one or more future periods. None
1.5 Material prior year errors
No material prior year error have been idéhtified in the reporting period (3.47 FRS102 SORP).
Yes
-Tick as appropriate
Please disclose:
(i) the nature of the prior period error; None
(ii) for each prior period presented in the accounts, the amount of the
correction for each account line item affected; and None
(iii) the amount ofthe correction at the beginning of the earliest priorperiod
presented in the accounts. None
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1b Additional Notes on Accounting Policies

Cash flow statement

These accounts do not include a cash flow statement because the charity, as a small reporting entity is exempt from requirements to prepare such a statement.

Income

Donations, legacies and gifts are recognised in the accounts when receivable by the company. Other income is accounted for on an accruals basis as far as itis prudent to do so. Donations received in kind are not valued unless the items involved are of significant value.

Revenue Grants

Revenue grants are credited to the income and expenditure account as receivable.

Capital Grants

Fixed assets acquired with grant assistance are stated at cost and depreciated over their useful economic lives. The receipt of the grant is recorded as a

restricted fund in the statement of financial activities.

Taxation

As a registered charity the company is generally exempt from income tax and capital gains tax, but not from VAT. irrecoverable VAT is included in the costs of those items to which it relates.

Tangible Fixed Assets

Fixed assets are shown at historical cost. Depreciation is provided at an annual rate of 25% for Gardens, and 20% for equipment, furniture and fittings in order to write off each asseet over its estimated useful life on a reducing balance basis.

Allocation of Expenditure

Expenditure has been allocated between the main headings in the Statement of Financial Activities on the basis of the type of acitvity to which they relate. Governance of the charity is principally by the unpaid Trustees and few costs have been allocated to this activity. Income and expenses have not been netted off.

Notes to the Accounts (Cont.)

INCOMING RESOURCES

Restricted Funds lvolunTaRyincome fT [Donations | tao}[S|] [ChalfordParishGrant_ 20 ee[-—|_00}_aou}}_300 [ACTIVITIESFORGENERATINGFUNDS| ee [FundRaising | 77.2]TT| 958.88] | 774.82 ae a eg cHarirapleacrivmiesINurseryGrantsrs|PTee ee lees | 97aa.7a] | 97949.25 | 69742.79| [Rentee re fundfund |sdee2a] 31266.54] | 21595.81 frothCTCee ee tsa. l| 92628.42] 3. FUNDRAISING COSTS eeFunds £ £ Total 2023 £| |[Total][2022][£] |Fundraisingcosts,oral |TC 4. CHARITABLE ACTIVITIES Renteesaz}Fundsree £ £ Total 2023 £| |Total 2022 £ linsurance |fara]sz74.oi[] 4313.3] lOfstedregistration[PATAmembership, |SOLS| 266.4] icofeeTs| = to] | ts] 100 [Materials, 8 [Trips & activities equipment purchased| | 1707.21]tas] 835.6 | 1707.21] lSuperstrikers |OTTTt [Postage[Overdraft andStationery andbankcharges || = CTsS|CTdG00] || 38530 Sponsorship[OtherlAdvertising/Website charitable expensesservices||[| 3462.72)SH]S|TTTT| S07.81] | 3162.72 a ee es ee | ee Istarrcosts, |CP |Wagesandsalaries |S Gta7.8a] | 88039.37/ | 61117.83] [TaxandniPension|e]25z.6| | 2737.64 lstaffTraining | tai] 8863.05] 2187.37 LL | gga] Ts] 499.54! eecceme Sanaa Unaeanseescae | san frotal CT ee CTee 309796.83] |76773.01 5. GOVERNANCE COSTS fF siSY Unrestricted Restricted Funds ota 2008 [P a yroliservices | 598.85] | s98.as|| 409.22] a a frothCTC]es ee ee |ee489.22] 6. TANGIBLE ASSETS (Approx. figures) Po 5% depr/yr [20% depr/year | |T Value at 3iJuly2o20 | AdditionsPd [Depreciation | [Valueat3ijuly2oz1 TO 7. DEBTORS po | lOverduefees onze 20036 aee 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR [eon 03 [Social a ccruals security and othertaxes_dT[|| ee 9. ANALYSIS OF NET ASSETS BETWEEN FUNDS eefundsee£ £ Totalee2023 Total 2022 [Tangible[current assetsFixed assets 5232.83]|oft| 52342.83/| 31369.61 [currentdebtors |CS |currentiiabilities S| INetassets at 31July2023 |] 5234283] i 52342.83[] 31369.61 Restricted funds represent funds with designated specific purpose (eg. Parish grant)

Income and Expenditure Account Ridgeway Playgroup Ltd Year ended 31/07/2023

	Year Ended	Year Ended	Year Ended
	Jul-21	Jul-22	Jul-23
	£	£	£
Income
Grants (Gov funding)	31268.49	69742.79	97949.25
Grants (parish council)	300	300	300
Fees	31267.24	21595.81	31266.54
Transfer from reserve account	0	0	0
Rent Refund	61.65	95	125.09
Fundraising	15.84	774.82	955.88
Donations	468	120
Misc Income	60		857.87
Reserve Account Interest
	63441.22	92628.42	131454.63
Expenditure
Wages	49942.59	61117.83	84039.37
Pension	1084.01	2187.37	3463.05
Rent	4780	4313.3	6274.01
Petty Cash (other)	0
Ofsted	50	50	50
Clothes	0
Stationery & Postage	0
Materials	1130.3	1707.21	1835.6
Expenses	620.68	3162.72	5107.81
Accountant Fees	ie)
Ico	35	35	35
Fundraising	0
HMRC Tax& Ni	1978.08	2737.64	7531.6
Insurance	263.94	266.4	288.79
Payroll	403	489.55	598.85
Training	349.86	499.54	565
Trips & Activities	213.4	117.5
Pata Fees	126	100	105
Supastrikers	0	300	300
Sponsorship		55	55
Advertising/Website Charges	85	85	85
Overdraft charge
Bank charges/returned chqs		38.5	61.6
Net Expenditure	61061.86	77262.56	110395.68
Net Inflow/Outflow in Period	2379.36	15365.86	21058.95
	€
Balance Sheet as at 31 July
Current account b/f	13618.59	15997.95	31363.81
Reserve account b/f	5.8	5.8	5.8
Pettycash account b/f			)
Net Inflow/Outflow in Period	2379.36	15365.86	21058.95
	16003.75	31369.61	52428.56
Current account c/f	15997.95	31363.81	52177.96
Reserveaccountc/f	5.8	5.8	5.8

C-.) « gw CHARITY COMMISSION | Independent examiner's report on the a; | FOR ENGLAND AND WALES accounts

Section A Independent Examiner’s Report

Report to the trustees/ Ridgeway Playgroup Limited members of On accounts for the year | 31/07/2023 Charity no | 111773 ended (if any) | report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended ;
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). | report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent | have completed my examination. | confirm that no material matters have
examiner's statement come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: e the accounting records were not kept in accordance with section 130 of the Charities Act; or
e the accounts did not accord with the accounting records; or e the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

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Name: | VOou O-comeot »
Relevant professional% _(VAT .
qualification(s) or body
(if any):
Address: | 9°-\ BLCEBe.~ CBE, CHA.CRO
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IER

Oct 2018

Section B

Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose.

IER

Oct 2018