Charity registration number: 1122601
St Mary’s Pre-School Playgroup
Annual Report and Financial Statements
for the Year Ended 31 March 2021
**St Mary’s Pre-School Playgroup**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to6|
|Independent Examiner’s Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Notes to the Financial Statements|10 to 15|
**St Mary’s Pre-School Playgroup**
## **Reference and Administrative Details**
**Trustees**
Mrs C Truelove Mrs C Lewis Rev N John Mr M Willoughby Mrs M Whytock (Appointed 29[th] July 2020)
**Principal address**
Old Church Schools 86 Hayes Street Hayes Bromley Kent BR2 7BA
**Charity Registration Number**
1122601
**Accountants**
Bourner Bullock Chartered Accountants Sovereign House 212-224 Shaftesbury Avenue London WC2H 8HQ
## **Independent examiner**
Mr David Wheeler FCCA ACA Bourner Bullock Chartered Accountants Sovereign House 212-224 Shaftesbury Avenue London WC2H 8HQ
**Website** : **www.stmaryspreschoolplaygroup.co.uk**
1
**St Mary’s Pre-School Playgroup**
## **Trustees’ Report**
## **Trustees’ Report**
The Trustees present their report along with the financial statements of the Charity for the year ended 31 March 2021. The financial statements have been prepared in accordance with the accounting policies set out on the ensuing pages and comply with the Trust Deed, Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Trustees confirm that they have complied with the requirements of Section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
There is currently provision for a maximum of 5 Trustees as follows:
- The Chair, who will be chosen from candidates proposed by the Rector of Hayes Parish Church;
- The current Rector of Hayes Parish Church;
- A Churchwarden of Hayes Parish Church, who shall be chosen by Hayes (Kent) Parochial Church Council;
- A Charity Secretary;
- The Treasurer (providing this in not a paid position);
- A separate Independent Trustee should the Treasurer not be a Trustee.
The Trustees who served during the year were as follows:
|Mr Carol Truelove|Chair|
|---|---|
|Mrs Caroline Lewis|Charity Secretary|
|The Reverend Napoleon John|Rector of Hayes Parish Church|
|Mr Mark Willoughby|Churchwarden of Hayes Parish Church|
|Mrs Mary Whytock|Independent Trustee (from 29th July 2020)|
The Trustees of the St Mary’s Pre-School Playgroup (the ‘PSPG’) have the responsibility of co-operating with the Management Committee (see below) in promoting the aims of the Pre-School, which are to enhance the development and education of children primarily under statutory school age, by:
- a) Offering appropriate play, education and care facilities and family learning within a Christian ethos, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability;
- b) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas; and
- c) Instigating and adhering to and furthering the aims and objectives of the Pre-School Learning Alliance.
The PSPG operates through a Management Committee which meets on a regular basis throughout the year. The Management Committee consists of the following:
The Trustees, a representative of the Parochial Church Council and not fewer than 2, nor more than 4 parent representatives elected at the Annual General Meeting. The Committee also co-opts, with no voting rights, the Treasurer (if a non-Trustee position) and the PSPG Leader and Deputy Leader.
The power to and responsibility for the appointment and removal of Trustees rests with the Trustees collectively. Upon appointment Trustees receive the Trust’s governing documents, the most recent Annual and Financial Reports and guides to good practice and governance. They meet with current Trustees for briefing on the charity and its objectives. They are also made aware of their Trustee responsibilities.
2
**St Mary’s Pre-School Playgroup**
## **Trustees’ Report**
## **Chairman’s Report**
Report from the Chair of Trustees
On 20th March 2020, like so many other Pre-Schools countrywide, we had to abruptly close our doors due to the Coronavirus pandemic causing a ‘lockdown’. We had no ‘Keyworker’ children or vulnerable children to accommodate. During the lockdown we were able to continue to pay our staff 80% of their salaries and this was mainly achievable because of our local authority funding.
Parents received regular communications throughout lockdown from Gina Goddard, Pre-School Leader, with helpful suggestions regarding online teaching, learning materials and resources for home learning. The staff also communicated with their Keyworker Children’s families and offered support with ideas and resources. This was all greatly appreciated by the parents.
The staff were also kept informed during lockdown of Government guidelines and were asked to do some online training and to source teaching ideas and activities for re-opening. The Trustees and Gina are always mindful of the staff’s wellbeing, particularly throughout this most difficult of times, and staff have been encouraged to make use of free online learning courses aimed at mindfulness and promoting positive mental health.
The Pre-School was pleased to re-open on the 15th June for the older children who were moving on to Primary School in September 2020 and most of the staff returned. A few couldn’t return as they had child-care issues or vulnerable relatives at home. A lot of preparation was done in order to open safely and procedures were put in place to control infection as much as possible. Equipment and materials for the children to use were chosen carefully to reduce infection and everything was scrupulously cleaned after every session. Handwashing was constant and the children were taught how to be as careful as possible not to spread germs, often through singing songs. It was decided to place the children in 3 ‘bubbles’ and these bubbles would never mix on site, including the staff and parents who had their separate entrance and exit doors. Re-opening was trouble-free and the Trustees were hugely appreciative of all the hard work from the staff to ensure that the Pre-School managed to operate smoothly, safely and efficiently throughout.
In September 2020 all staff agreed to return but one member of staff had resigned in August. The numbers of children on our register were down, as is usual for the Autumn term, so it was decided not to replace her immediately. Also, fewer children unfortunately meant that we had to ask the staff to reduce their hours, just for this term, and we were most grateful to them for their understanding about this.
Again, all the necessary Government guidelines had been followed and infection control procedures put in place, and the children enjoyed a happy, fruitful and safe term. Our Nativity could not take place in church this year, but thanks to the staff the children were still able to take part in a scaled down version, complete with costume and song, and one kind parent filmed it for all parents to see online. Unfortunately, on the last day of term the PreSchool had to close early, and the Christmas party was missed, due to one child having tested positive. 30 children and 5 staff had to isolate until 23rd December, but everyone was co-operative and understanding.
During 2020 the Trustees were pleased to gift 3 members of staff with a long-service award as they had each given over 20 years of service to the Pre-School. Mary Whytock joined the Pre-School Board of Trustees in July 2020 and I am very grateful to her for taking on this role with such enthusiasm.
In January 2021 our dedicated staff returned again to open up the Pre-School, even though the country was in ‘lockdown’. Only 60% of children returned as understandably some parents were very anxious about sending them back. The children who didn’t return were once again assisted with their home learning through regular communication from the Leader and staff. Staff were issued with PPE including masks and face visors to try to keep everyone as safe as possible and they were asked to regularly get tested at a testing centre in Bromley.
3
## **St Mary’s Pre-School Playgroup**
## **Trustees’ Report**
## **Chairman’s Report (Continued)**
The number of children on our register at the beginning of the year was 80. The Pre-School is open 5 mornings and 3 afternoons each week. The bubbles have remained in place and when all children are in attendance for a session the numbers in each bubble are 20, 16 and 12. We currently have 12 permanent members of staff and 3 staff on temporary contracts and we always operate with a healthy staff pupil ratio.
The leaders and staff have managed to complete several online training courses throughout the pandemic including ‘Are you ready for Ofsted’, ‘Infection Control’ and refresher Child Protection courses, including a course to help them identify any troubles with children returning from lockdown and a course to promote positive mental health in children. I also completed the Child Protection and Ofsted courses.
As there has been lost learning due to the pandemic the staff have particularly concentrated on phonics teaching and pen control for the older children, with parent support, and for all children their personal, social and emotional development.
Sadly during the past year the Pre-School fund-raising ‘Friends’ have not been able to hold any events, but we all look forward to some fun times ahead later this year when the world gets back to normal. We are always so grateful to the parents who give up their time to raise much needed funds for the Pre-School to offer its children that little bit extra! The staff held a charity fundraiser for the Crackerjacks Children’s Trust which helps children and their families with severe disabilities. All children joined in by wearing their favourite dressing-up costume and making a donation.
The Trustees are hugely thankful to the staff for their hard work, dedication and commitment to the children throughout the past difficult year and would also like to thank the parents for the support they have given in helping the Pre-School to remain a safe place for everyone.
Carol Truelove June 2021
4
## **St Mary’s Pre-School Playgroup**
## **Trustees’ Report**
## **Treasurer’s Report**
The Pre-School’s principal sources of income emanate from fees (both session and lunch club) and fundraising. Session fees are paid for by the parents or funded by the London Borough of Bromley (“LBB”) through Early Years national funding. Fundraising activities are organised by the Friends of the Pre-School.
With the financial year coinciding almost exactly with the pandemic (the first lockdown started on 23rd March 2020), the results for this financial year have to be looked at in isolation i.e. any meaningful comparison to the previous financial year is both difficult and, to a certain extent, academic. The Pre-School were very fortunate that the Government ensured that local authority funding continued interrupted: this funding accounts for approximately 73% of total fee income which meant that the Pre-School was much better placed than most early years settings, as this percentage is much lower on average.
Given this continuation of Government funding, as well as the Church waiving any rental payments whilst the Pre-School was unable to open, the Pre-School did not need recourse to any formal furlough scheme. However, in order to “balance the books” with the lack of any private fees whilst the Pre-School was closed, the staff agreed to a quasi furlough scheme under which a 20% voluntary reduction to monthly pay was put in place. The Trustees were very grateful to the staff for this concession.
In the end total income at £186,243 was only about 2.1% lower than the previous year: this overall reduction was cushioned by the fact that the LB Bromley fees actually increased by 7.1%. Turning to expenditure the total level decreased by some £15.3k to £179,730 mainly as a result of lower staff costs (-£11.9k) and other savings occasioned through the Pre-School being closed for some weeks. The main reason for the staff savings was the aforementioned quasi furlough agreement, although there were one or two other more minor reasons such as the Government increasing the Employment Allowance benefit to NI costs from £3k to £4k.
Overall the income and expenditure movements led to a surplus of £6,513 which has been added to the General Reserve such that the level of Unrestricted Funds now stands at £58,818 - a level which remains in excess of policy. Activity on the Restricted Funds has been modest during the year with, understandably, activities of the Friends being practically at a standstill. However, a new Restricted Fund has been opened to reflect receipt from the Borough of a “Early Years Pupil Premium” which is available for disadvantaged children.
The current financial year will hopefully see a return to a more normal picture, with an increase in private fees helping to ensure that we are able to maintain standards through funds being importantly dedicated to, for example, ongoing staff training. One final point to mention is that the Trustees, in recognition of the pandemic and its associated difficulties, decided to defer the private fee increases from September 2020 to January 2021.
5
St Mary's Pre-school Playgroup
Trustees, Report
srATEMEfu OF TRUSTEES, RESPONSIBILITIES
The trustees are responsible for preparillg the AT]nual Rewrt and the financial ststements tn accordancc with
applicable law and regulations.
The law applicable to charities England & Wales requires the trnstees to prepare financial statements for each
financial year in accordance with United Kingdom Generally Accepted Accounting Practice {United Kingdom
Accounting Standards and applicable law). The trnstees must not approve the fiTW]¢ial statements unless they are
saÈisfied that they give a Irue and fair vi¢w of th¢ gtate of affairg of the charity and of the incoming r¢sources and
application of resources. including the income and expenditure, of the ¢h8rity for that period.
In preparing th¢5¢ financial statements, the tnjstees are required to."
select suitable accounting policies and apply them consistenlly-
observ¢ the methods and principles in the Charities SORP.
make judgments and accounting estimates that are ronabl¢ and PTudent'
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and cxplained in the financial statements.
prepare the financial statements on the going concem basis unless it is inappropriate Io PTe5urne that the
charity will continue to operate.
The trnstees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and enable them to aUre that the financial statements comply with
the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed.
They are also responsible for safeguarding th¢ wets of the charity and hen¢e for tsking reasonable steps for the
prevention and detection of fraud and other irregularities.
Approved by the Board of Tte¢S and signed OD its behalf by..
Carol Trllelove, Chainn%D
St Mary's Pre-school Playgroup
Independent Examiner's Report to the trnstees of St Mary's Prt-S¢hool Playgroup
I report io the llustees on my examination of the funClaI statemEnts of St Mary'5 Pre-school Playgroup ('the
charity'} for th¢ year ended 31 March 2021 which comprise the Statement of Financial Activities, the Balan¢e
Sheet and related not¢5.
This report 15 made solely io the charity's trnstee5, as a body, in accordancc with section 145 of the Charities Act
2011. My work ha5 been undenaken so that I might State to the charity'5 trustees those rnatter5 1 am required to
state to th¢rn in this report and for no oiher purpose. To the lIest extent pemiitted by law, I do not a¢c¢pt or
assume responsibility lo anyone other than the charity and the Charity's truslees as a body. for my work. for this
report, or for rhe opinions I have fornied.
Responsibilities and basis of report
A5 1he Irustees of the charity you are responsible fDr the preparation of the financial statements in accordance with
the requir¢ment5 of the Charities Aci 2011 {'the Act,).
I rqjort in respe¢t of my ¢xarnination of the charity's financial statetnents carried out under sli0Th 145 of the Act
and in Larrying out my examination I have followed all the applicable Directions given by the Charity Commission
under seciion 145(5Kbl of the Ad.
An independent examinaiion does noi involve gathering all ihe evidence that wtsuld be required in an audit and
conseqllently does not cover all th¢ matters that an auditor considers in giving their opinion on the financial
statements. The planning and Londuct of an audit goes beyond the limited assurance that an independent
examination con provide. Consequently l expres5 no opinion as to whether the finamcial statements present a'true
and fair, view and my report is lÉmi¢ed to those specific matter5 sei oui in the independent exatniner's statemcnt.
Independent examiner's stateThent
I have completed my examirlaiion. I confirm that no Jnat¢rial matters have corne to my atiention in conneeiion
with ihe exarnination giving me C4tuse to beli¢Ye that in any material r¢spect'.
accounting record5 We not kept in respect of the chariry as required by se¢tion 130 of the Act., or
the financial statements do not accord with those records: or
the financial statements do noi comply with the applicable requiiemenis concernin8 the forrn and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'ttue and fair view which is not a matter considered as part of an
independent examina¢ion.
hav¢ no concerns and have cOe across no other matters in connection with Ihe examination to which &ttcntion
should be drawn in this report in order to enable a proper understanding of the financial sta(ements io be reached.
David l¥Theeler FCCA ACA
Boumer Bullock
Chartered Accountants
Sovereign Hou5¢
212-224 Shafitsbury Avenue
London
WC2H 8HQ
Date..
## **St Mary’s Pre-School Playgroup**
## **Statement of Financial Activities for the Year Ended 31 March 2021 (including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
**----- Start of picture text -----**
Unrestricted Restricted Total funds Total funds
funds funds 2021 2020
Note £ £ £ £
Income from
Donations 2 - 3,517 3,517 1,973
Charitable activities 3 186,226 - 186,226 189,607
Other trading activities 4 - - - 419
Investment income 5 17 - 17 139
Total Income 186,243 3,517 189,760 192,138
Expenditure on:
Charitable activities 6 179,730 2,600 182,330 196,455
Raising funds 7 - - - 615
Total Expenditure 179,730 2,600 182,330 197,070
Net income/ (expenditure) 6,513 917 7,430 (4,932)
Net movement in funds 6,513 917 7,430 (4,932)
Reconciliation of funds
Total funds brought forward 12 52,305 7,751 60,056 64,988
Total funds carried forward 12 58,818 8,668 67,486 60,056
**----- End of picture text -----**
All of the Charity's activities derive from continuing operations during the period.
8
St Mary's Pre-S¢hool Playgroup
(Charity number: 1122601)
Balance Sheet as at 31 March 2021
2021
21J20
r4ole
Current assets
Debtors
Cash at bank
Pety c&th
10
98
402
73,052
104•
73,254
62,731
19
63,152 *
Liabilities: Amounts falling due within one ye4r
Net curreDt assets
67486•
60056 •
Net assets
67486<
600S6
Restricted ineome fid$
12
8.668 /
58818 •
7,751
52,305
Unrestrieted income funds
12
Totsl flld5
60056
50
The fllnCIal statements were approyed by the trustee4 and authorised for issue on .......
their behalf by:
. LL and sip)ed on
Carol Truelove, Chairma
## **St Mary’s Pre-School Playgroup**
## **Notes to the Financial Statements**
## **for the year ended 31 March 2021**
## **1 Accounting Policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Basis of preparation**
The financial statements have been prepared in accordance with ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Second Edition)’ and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Second Edition)’rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
St Mary’s Pre-School Playgroup meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historic cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
## **Charitable funds**
Unrestricted funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the Charity. The current policy of the charity is for unrestricted funds to be a minimum level of £45,000, which is approximately three months’ ordinary expenditure. On this basis the trustees continue to adopt the going concern basis in prepare these financial statements.
Restricted funds represent monies that have been either donated or received in connection with a specific use, need or project and thus they may only be used in this connection. The purposes and uses of the restricted funds are set out in the notes to the accounts.
## **Incoming Resources**
Charitable activities relate to school fees and as from the financial year ended 31 March 2021 are accounted for on an accruals basis and as such gives rise to both Debtors and Deferred Income.
All other income (including donations, gifts and grants) is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
10
## **St Mary’s Pre-School Playgroup**
## **Notes to the Financial Statements**
## **for the year ended 31 March 2021**
## **1 Accounting Policies (continued)**
## **Expenditure**
All expenditure is recognised at the time it is incurred or (if earlier) once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. In addition, accruals are raised at the end of each accounting period for expenditure which has been incurred in that period but which has not been paid out by the period end.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1, Section 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3, Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Financial instruments**
The charity only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as debtors and creditors and loans from related parties.
Financial assets that are measured at cost or amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in profit and loss.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet where there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
The charity does not have anything other than basic financial instruments.
## **Debtors**
Amounts owing to the charity at the end of any reporting period in respect of fees or other income are shown as debtors less any provision for amounts that may prove uncollectable. Prepayments are valued at the amount prepaid, net of any discounts.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash-on-hand and call deposits, as well as any other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. The charity seeks to pay such obligations without delay and will accrue at the end of each accounting period for goods and services which has been incurred in that period but which has not been paid out by the period end.
## **Judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results though may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
The trustees consider that there have been no significant judgements or accounting estimates in the year under review.
11
## **St Mary’s Pre-School Playgroup**
## **Notes to the Financial Statements**
## **for the year ended 31 March 2021**
|**2**
**Income from donations**
Grants and donations
**3**
**Charitable activities**
LB Bromley fees
Other fees
**4**
**Other trading activities**
Sundry income
**5**
**Investment income**
Interest receivable on bank deposits|**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**2021**
**£**
**Total**
**2020**
**£**
-
3,517
3,517
1,973
-
3,517
3,517
1,973|
|---|---|
||**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**2021**
**£**
**Total**
**2020**
**£**
148,226
-
148,226
138,232
38,140
-
38,140
51,375
186,226
-
186,226
189,607|
||**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**2021**
**£**
**Total**
**2020**
**£**
-
-
-
419
-
-
-
419|
||**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**2021**
**£**
**Total**
**2020**
**£**
17
-
17
139|
||17
-
17
139|
12
## **St Mary’s Pre-School Playgroup**
## **Notes to the Financial Statements**
## **for the year ended 31 March 2021**
## **6 Expenditure on charitable activities**
|Consumables and teaching supplies
Equipment purchase
Rent
Salary costs (including NI and pensions)
Sundry costs
Telephone and broadband
Training costs (including courses)
Support costs (See note 6.1)
Governance costs (See note 6.1)
Total|**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**2021**
**£**
**Total**
**2020**
**£**
4,342
-
4,342
3,160
276
-
276
1,590
11,351
-
11,351
12,928
150,117
441
150,558
162,040
367
2,159
2,526
3,019
806
-
806
776
494
-
494
569
9,596
-
9,596
10,264
2,381
-
2,381
2,109|
|---|---|
||179,730
2,600
182,330
196,455|
|||
## **6.1 Analysis of governance and support costs**
|Accountancy fees
Advertising
Bank charges
CRB checks
Insurance
Office costs
Payroll and pension administration
Professional fee and subscriptions
Total
**Expenditure on raising funds**
Lottery license
Stall at local fete
Hire of hall
Sundry expenses
Total|**Unrestricted**
**funds**
**£**
-
-
**-**
**-**|**Support**
**Costs**
**£**
**Governance**
**costs**
**£**
**Total**
**2021**
**£**
-
2,381
2,381
-
-
-
108
-
108
272
-
272
611
-
611
1,684
-
1,684
5,542
-
5,542
1,379
-
1,379|
|---|---|---|
|||9,596
2,381
11,977|
|||**Restricted**
**funds**
**£**
**Total**
**2021**
**£**
**Total**
**2020**
**£**
-
-
-
-
-
30
-
-
-
-
-
585
-
-
615|
||-||
## **7 Expenditure on raising funds**
## **8 Trustees remuneration and expenses**
Total staff costs are as set out in section 6 above. The average monthly headcount employed by the Pre-School in the year was 16 (2020: 17).
13
## **St Mary’s Pre-School Playgroup**
## **Notes to the Financial Statements for the year ended 31 March 2021**
## **9 Related party transactions**
No trustee, nor any person connected with them, has received any renumeration from the Pre-School during the year. In addition no trustee has received any reimbursed expenses or any other benefits during the year.
The Pre-School employs Bourner Bullock, Chartered Accountants for both Payroll Services and Independent Examination. Olivia Truelove-Dodd, who is the daughter of Carol Truelove (Trustee) and Richard Truelove (Honorary Treasurer), is employed by Bourner Bullock but is not involved in either Payroll Services or the Independent Examination.
## **10 Debtors**
|Other debtors|**Total**
**2021**
**£**
**Total**
**2020**
**£**
98
402
98
402|
|---|---|
## **11 Creditors: amounts falling due within one year**
|Accruals: Accountancy fees
Accruals: Independent Examiner fees
Other accruals
Deferred income
Pension liability|**Total**
**2021**
**£**
**Total**
**2020**
**£**
840
840
840
840
2,165
782
1,220
-
703
634
5,768
3,096|
|---|---|
## **12 Funds**
|**Restricted funds**
SEN grant
Friends’ money
Early Years People Premium
**Unrestricted funds**
General unrestricted funds
**Total funds**|**Balance at 1**
**April 2020**
**£**
**Incoming**
**resources**
**£**
**Resources**
**expended**
**£**
**Balance at 31**
**March 2021**
**£**
3,063
630
(441)
3,252
4,688
249
(389)
4,548
0
2,638
(1,770)
868|
|---|---|
||7,751
3,517
(2,600)
8,668
52,305
186,243
(179,730)
58,818
60,056
189,760
(182,330)
67,486|
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## **St Mary’s Pre-School Playgroup**
## **Notes to the Financial Statements**
## **for the year ended 31 March 2021**
The specific purposes for which the funds are to be applied are as follows:
Restricted funds:
SEN grant – This represents monies received from the authorities specifically for supporting children with Special Educational Needs.
Friends – This represents the balance of fundraising activities organized by, for example, the parents under the banner of “The Friends” who then in turn agree to release funds to support specific items of expenditure.
Early Years People Premium – This represents monies received from the Borough for disadvantaged children, as well as some associated expenditure.
Unrestricted funds: these funds are provided by donors for support of the charity, without restriction on how funds should be deployed.
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