2024-07-31-accounts - Ridgeway Playgroup Limited

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Trustees' Annual Report for the period

Period start date Period end date 01 08 2023 31 07 2024

From

Section A Reference and administration details

Charity name Ridgeway Playgroup Ltd

Other names charity is known by

Registered charity number (if any) ~~H~~ 1117737 Charity's principal address New Homestead, Eastcombe, Stroud, GLOS Postcode GL6 7DY

Names of the charity trustees who manage the charity

Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any) 1 Theresa Wallace Chair Treasurer 2[Jeannette ] Dangerfield 3 Laura Holloway Secretary 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ~~—~~ Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year

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March 2012

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address




Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Constitution

(eg. trust deed, constitution)

How the charity is constituted The Charity was incorporated on 26 July 2006 as a company limited by (eg. trust, association, company) 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 the members in the event of the company being wound up is limited to a sum not exceeding £1.

Trustee selection methods

(eg. appointed by, elected by)

Trustees are elected by members at the AGM in November each year.

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;

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 roles of Trustees. We are governed by the requirements of the Early Years Framework and Ofsted. We are audited by Gloucestershire Early Years Team for our processes and procedures, with particular regard to safeguarding.

Ridgeway Playgroup is a member of PATA, which is a voluntary sector provider of support to early years providers in Gloucestershire.

relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

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March 2012

Section C Objectives and activities

The charity's objectives are to provide safe and satisfying group play for the promotion of the education of pre-school-age children. Summary of the objects of the charity set out in its governing document The trustees make all decisions with regard to the public benefit requirement.

Ridgeway Playgroup exists to provide public benefit through the provision of a playgroup and pre-school for the local community. Summary of the main Where we charge for our provision, the fees are reviewed and maintained activities undertaken for the at an affordable level. public benefit in relation to these objects (include within When reviewing our opening hours and access to our premises we take this section the statutory into account the needs of the local community (eg how it fits with the declaration that trustees have school day, whether the least advantaged parents can still afford to had regard to the guidance access full provision). issued by the Charity Commission on public We review the cost of services (eg payroll) and staffing levels carefully. benefit)

No personal benefits are received by the trustees.

Additional details of objectives and activities (Optional information)

Playgroup is run by volunteer parents and staff who oversee all the legal and financial obligations of the charity and company.

It is acknowledged that this is a time consuming and complex business and the input of the 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 concert event which was organised by the staff as well as raising small amounts of additional funds through donations throughout the year.

policy on grantmaking;
We made a successful application to receive a Parish grant for
• policy programme related equipment and also from the Bags to School scheme.
investment;
contribution made by volunteers.

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March 2012

Section D Achievements and performance

Summary of the main During this period we have been open 5 days a week for 38 weeks of the achievements of the charity year. We are now open for 30 hrs per week which helps parents that during the year receive 30 hr funding for their children. We provided term time childcare in accordance with the requirements of the Early Years Foundation Stage Framework, Ofsted Framework and the requirements of the Gloucestershire Early Years team. We have held our Christmas concert this year which raised £450. This fundraising provides useful additional funds for resources. Parents have continued to contribute with donations of items playgroup required and money towards the end of year party. We received £250 from the local Parish Grant and £164 from Bags to School.

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, Secretary and Treasurer of trustees remained unchanged at the AGM in November 2024. We continued to open 5 days per week and to provide a total of 30 hours of provision a week and offer 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 ensure we had a more stable level of staffing going forward. Ensuring that we have 6 members of staff working everyday. We felt it would be hugely beneficial for the 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 2017). 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. We were able to maintain the business and in fact increase turnover. We felt it was important to retain our wonderful staff.

Section E Financial review

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March 2012

charity’s policy on reserves

Brief statement of the

We began and finished this year with a good level of reserves. Our child numbers increased again and this was helped by being open for the full 30 hrs a week. We also have a waiting list of children wanting to start as far forward as September 2027.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

The principal sources of funds for Ridgeway Playgroup are the Early Years grant from Gloucestershire Council (15/30 hours funded childcare for children from the term after their 3[rd] birthday). We also receive funding for eligible 2 year olds and additional Pupil Premium funding for the most disadvantaged.

Some of our income comes from fees for those children who are not

eligible for Early Years funding or who have exceeded their funded hours limit.

We have managed to increase our children’s numbers over the last year and now have a waiting list for the next term. We have also increased staffing hours and all of our staff are now qualified.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Theresa Wallace

Position (eg Secretary, Chair, Chair etc)

Date 14/11/2024

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March 2012

Ridgeway Playgroup Limited Charity No 1117737 Accounts for year ended 31/07/2024 Company No [5887047

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|||||||||| |---|---|---|---|---|---|---|---|---| |[Section A|Statement of financial|activities|(including summary income and expenditure account)| |Unrestricted|Restricted| |Note|funds|funds|Total|2024|Total|2023| |£|£|£|£| |INCOMING|RESOURCES|2|_136,925.44|250.00|137,175.44|131,454.63| |RESOURCES|EXPENDED| |Fundraising|costs|3|zi|=| |Charitable|activities|4|128,315.28|-|128,315.28|109,796.83| |Governance|costs|5|609.40|609.40|598.85| |Total|resources|expended|128,924.68|-|128,924.68|_110,395.68| |Net|movement|in funds|8,000.76|250.00|8,250.76|21,058.95| |Total|funds|brought forward|52,348.63|-|52,348.63|31,369.61| |Total|funds|carried|forward|60,663.40|-|60,599.39|52,348.63| |Net assets|at|31|July|2024|9|60,663.40|60,663.40|_52,348.63|

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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 31/07/2024 Company No [5887047

|Section B Balance Sheet at 31 July 2023

		2024 £	2023 £
FIXED ASSETS
Tangible Assets	6		“
CURRENT ASSETS
Debtors	7		-
Cash at bank and in hand		60663.4	52,348.63
CREDITORS: amounts falling due
within one year	8		*
NET CURRENTASSETS		60,663.40	52,348.63
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 smaii 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 smaff companies regime and in accordance with FRS102 SORP.

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Date dd/mm/yyyy
Signed‘ened bby one or two trustees/directors on Cngery go
behalf of all the trustees/directors - , ee ; 2? sSiJ2
Yame JEANNE TIE DANGEKAELY OO oD
ume
}
Date dd/mm/yyyy
Signaturebeing of director authenticating accounts : KYAj y / Ft ’
sent to Companies House / p / A / Uy QS
egrt Nameoe [HC— REESEons ~> . A fy LAEP as |e { ! —, ne
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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:
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their
v accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) issued on 16 July 2014
© . the Financial Reporting Standard applicable in the United Kingdom and Republic of treland (FRS
and with v 102)
and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS
102. * v
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1.2 Going concern

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if there are material uncertainties related to events or conditions that cast significant doubt on the charity’s ability to continue
as 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.
a * -Tick as appropriate
Please disclose:
(i) the nature of the change in accounting policy; None
(ii) the reasons why applying the new accounting policy provides more reliable N
and more relevant information; and one
(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 -Tick as appropriate
Please disclose:
(i) the nature of any changes; None
(ii) the effect of the change on income and expense or assets and liabilities for Fe
the current period; and One
(iii) 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 identified 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 of the correction at the beginning of the earliest prior period
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 it is 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.}
2. INCOMING RESOURCES
Unrestricted Restricted Funds ee ed ee VOLUNTARY INCOME a Donations 1042.33] toaz.aa{] paaa po
3. FUNDRAISING COSTS
Unrestricted RestrictedFunds
4. CHARITABLE ACTIVITIES
Unrestricted
Funds £ £ Total 2024 £}
[pension a5Saf
5. GOVERNANCE COSTS
Unrestricted Restricted Funds
Funds £ £ Total 2024 £
Ye [
=
6. TANGIBLEASSETS (Approx. figures)
Fixtures &
25%depr/yr
7. DEBTORS
123
Overduefees 0aT)
8. CREDITORS: AMOUNTS FALLING DUEWITHINONEYEAR
2023 £ 2024 £
Socialsecurityandothertaxes 0
Accruals is) 0 a
9. ANALYSIS OF NETASSETS BETWEEN FUNDS
Unrestricted
[TangibleFixedassets
Restrictedfundsrepresentfundswithdesignatedspecificpurpose(eg.Parishgrant)

income and Expenditure Account Ridgeway Playgroup Ltd Year ended 31/07/2024

	Year Ended	Year Ended	Year Ended
	Jul-22	Jul-23	Jul-24
	£	£	£
income
Grants (Gov funding)	69742.79	97949.25	99962.41
Grants (parish council)	300	300	250
Fees	21595.81	31266.54	34719.2
Transferfrom reserve account	0	0	0
Rent Refund	95	125.09	67.5
Fundraising	774.82	955.88	459
Donations	120		1042.33
Misc Income		857.87	675
Reserve Account Interest
	92628.42	131454.63	137175.44
Expenditure
Wages	61117.83	84039.37	95899.79
Pension	2187.37	3463.05	4585.54
Rent	4313.3	6274.01	6412.56
Petty Cash (other)			64.01
Ofsted	50	50	50
Clothes			174.48
Stationery & Postage/U supplies			513.46
Equipment			3442.59
Materials	1707.21	1835.6	2647.98
Expenses	3162.72	5107.81	234.26
Accountant Fees
ICO	35	35	35
Fundraising
HMRC Tax & Ni	2737.64	7531.6	10428.97
Insurance	266.4	288.79	305.13
Payroll	489.55	598.85	609.4
Telecom			263.88
Training	499.54	565	409
Trips & Activities	117.5
Pata Fees	100	105
Supastrikers	300	300	130
Cleaning			525
Sponsorship	55	55	65
Adv/Web/Prof Charges	85	85	1145.05
Xmas employee			921.58
Overdraft charge
Bank charges/returned chqs	38.5	61.6	62
Net Expenditure	77262.56	110395.68	128924.68
Net inflow/Outflow in Period	15365.86	21058.95	8250.76
Balance Sheet as at 31 July
Current account b/f	15997.95	31363.81	52177.96
Reserve account b/f	5.8	5.8	5.8
Pettycash account b/f		0	164.87
Net inflow/Outflow in Period	15365.86	21058.95	8250.76
	31369.61	52428.56	60599.39
Current account c/f	31363.81	52177.96	60556.74
Reserve account c/f	5.8	5.8	5.8
Pettycash account c/f		164.87	100.86
	31369.61	52348.63	60663.4

(oy) . ig, CHARITY COMMISSION | Independent examiner's report on the (Ny) | FOR ENGLAND AND WALES accounts

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Section A Independent Examiner’s Report :
Report to the trustees/ Ridgeway Playgroup Limited
members of
On accounts for the year | 31/07/2024 | Charity no | 111773
ended (if any)
Set out on pages
| 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 givea ‘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.
Name: oe . SS COQnOGL
Relevant professional DAT -
qualification(s) or body Fry |
(if any):
Address: | 2-4 G@LOEBEu CISE , CHALCAD
1 Oct 2018
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So
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IER

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).

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

IER

Oct 2018