Registered charity number: 1122943
MAGICAL MOMENTS PLAYGROUP
Operating as MAGICAL MOMENTS DAYCARE
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Andrew Ogg Limited
Chartered accountants
Holme Farm
Spalford
Newark-on-Trent
Nottinghamshire
NG23 7HD
Tel: 01522 778330
Mobile.. 07860 557974
email: andrewsacccxJnts@btinternet.c

MAGICAL MOMENTS PLAYGROUP
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Page
Legal and administrative informatKJn
Trustees, report
Independent examinerfs report
Income and expenditure account
Balance sheet
Notes to the financial statements
10

MAGICAL MOMENTS PLAYGROUP
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025
Registered charity number
1122943
Officers and trustees
Carrie Greenr￿Id
Sarah Hare
Inga Gvaramadze
Phil Hare
Richard Greenfield
Chair
Treasurer
Secretary
Committee Member
Committee Member
Registered office
clo. St Giles Children's Centre
Lamb Gardens
Lincoln
LN2 4EG
Independent examiner
Andrew Ogg Limited
Holme Farm
Spalford
Newar*-on-Trent
Nottinghamshire
NG23 7HD
Bankers
Santander UK plc
2 Trtton Square
Regent's Place
London
NW1 3AN

MAGICAL MOMENTS PLAYGROUP
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees submit theirannual report and the financial statements for Ihe year ended 31 March
2025. In preparing the annual report and financial statements of the charity. the trustees have
adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended
Prdctice, applicable to charities preparing their accounts in accordance wrth the Financial Reporting
Standard applicable to the UK and Republic of Ireland (FRS102) (effectNe 1 January 2019). published
on 2 October 2019.
Structure, governance and management
Magical Moments Daycare runs by the Pre-school Leaming Alliance Constitution 2008. The setting is
njn by a voluntary management committee. The Trustees are appointedlre*lected on an annual
basis. We allow anyone to express an interest in joining the committee throughout the year. If we feel
that we need members, they are invited to the next meeting. AGM meetings are always advertised
within the setting and we welcome any interested part￿$. As a chair I will always meet separately wrth
prospect members lo ensure that they understand what is involved and whether they a￿ able to meet
the needs. Full safeguarding procedures are followed for committee TfEmbers with full DBS checks.
No committee member is allowed to be in the setting unaccompanied until full confimktion has been
received from Ofsted regarding their surtability. The setting is a member of the Pre-school Leaming
alliance and we are an agreed provider of Earfy Years EducatDn for Lincolnshire County Council.
The trustees are responsible for preparing the annual report and financial statements in accordan
with applicable laws and regulations.
Law applicable to charities in England and Wales requ￿eS the trustees to prepare financial statements
for each financial year which give a true and fair view of the charity's financial activities during the year
and of its financial position at the end of the year. In preparing these statements. the Irustees are
select suttable accounting policies and then apply them consistently:
- make judgements and estimates that are reasonable and prudent"
prepare the financial statements on the going concem basis unless tt is inappropriate to
presume that the charity wll continue in operation.
The trustees are responsible for keeping accounting records that disclose with reasonable accuracy
the financial position of the charity and which enable them to ensure that the financial statements
comply with applicable law. regulations, and the trust deed. They are also responsible for
safeguarding ihe assets of the charrty and hence for taking steps for prevention and detection of fraud
The trustees together with the executive commtttee have made assessments of the major and financial
operating risks that Ihe charity faces and have put in place controls to mtligate or eliminate these risks.
They have regular meetings to review the poSit￿n of the trust and the level of resetves.
Objectives and activities
The aim of the setting is to enhan￿ the developrrent and education of children from 6 weeks to 5
years by offering appropriate play, education and care facilities along with expenences that otheNise
they may not encounter. We welcome all children regardless of faith, gender. circumstances, disabilrty
or family background. We are an inclusive setting. Children will leam through play and environment
that enables us to cover the areas of Early Years Curriculum.
Page 4

MAGICAL MOMENTS PLAYGROUP
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
In explaining how the activities of the charity meet the public benefit of its v￿rk, the trustees have met
the requirements of the CharitES Act 2011.
Achievements and perforrnance
We afvays aim to run on a full roll of children. As of March 2025. we had 63 children on roll. This is
an increase on the year before albeit small. We had 48 children in the ptE-school room of which 44 of
those were funded with 20 paying top up fees. This is a signrficant increase on funded places. The
remaining 4 children were private paying children. We had 15 babies in the baby room which 13 of
those were funded with 12 of them topping up their fees and the remaining 2 babies were private
paying. Again. due to funding changes this has increased our Local Authority funding. The number of
children on roll can change throughout the year. however it is posrtive that we have kept a steady
number of children on roll and we do now have a waiting list for places.
By March 2025 we had 15 members of paid staff. 3 of these staff members V￿re completing
apprenticeships. 10 of our staff have full paediatric first aid training and food hygiene certificates. All
of our staff are on the 6 year safeguarding pathway. Staff numbers do fluctuate at times due to
people leaving their roles. Roles are filled promptly and V￿ are always worf(ing wf(hin rdtio which has
been checked by an Ofsted Visit in March 2025.
All poli￿S are reviewed on an annual basis and available for anyone to read at any time of the year.
We have opted to operate a very flexible approach to sessions so that we can meet Ihe neecls of the
area we are in and working families along with the wrap around faciltiy Ihat we do wtth the nursery
school next door to us. We have opted to do stretched funding so this can also accommodate
childcare into the school holidays. We have made it our mission to ensure we can offer the best
possible solutions to meet all parental needs. We have ensured that opportuntties for pupil premium
children are met with separatelsmaller sessions for children with additional needs and also doing
outside activities such as community gardening groups. We hold an annual sports day for all children
and invite parents along. We hold various celebrations throughout the year. We pride ourselves in
involving the communtty in our celebrations throughout the year.
Finances
Financially. things have still been a batancing act for this year, although there has been improvement.
We have made a loss this year, which is not the intention of the setting. We have been impacted wf(h
higher staffing costs due to staff having to work extra to cover sickness and staff shortages and having
the factor in the increase of National Minimum Wage, we always aim to pay above the minimum wage
for childcare staff. We have done our best to have some schemes in place to help with staff retention
and ensure th8t staff do feel valued and support with any mental health issues. We have been hugely
impacted with the cost of INing crisis and with the cost of food being what it is. We strive to keep our
fees as low as possible as we are serving a deprived area.
Page 5

We have ended the 24r25 financial year *ith a balance in the bank of £70.591. This amount is
signfficantly more than the previous financial year. This is due to the increase in funding from Local
Authority and still being able offer top up pla￿5 for funded children as vftll as being able to offer
non-funded plaos. Increases in NMW is one of the biggest impacts to our business along with the
increase in Ern￿oYerS National Insurance Contributions. The cost of groceries does have
significant impact on our finances. However. we do ensure all thildren receive a hot and nutritious
meal and allows us to continue with the Heallhy Sthools Status. We try to keep our fee increases
to a minimum so that this does not impact our families too muth and this derAsion is taken on an
annual basis. We have met all needs of the setting.
As y￿ are a not for profft organisation, we have a r8seNe fund held £16.498 at the end of the year.
We are hopeful Ihis ¥￿11 stsrt to grow again over time and moving into the next financial year of
25r26 this has started to happen. We need to be able to carry Ihe setting through difficult limes.
Due to the outgoings this financial year we have not pla¢%d any further funds into the deposit
account and the onty increase in that account is interest. For the year ending 2025 have not
had to withdraw any funds from the reserves. We hold this reserves fund to enable us to operate if
there is a drop in income or to see the setting through any form of drfficult time. Thi8 (an b8
accessed at any time.
ON BEHALF OF THE BOARD:
fy(ffjdd
Carrse Greenfield
Twstee- Chair
23 January 2026
Page C

INDEPENDENT EXAMINERE REPORT TO THE TRUSTEES OF MAGICAL MOMENTS PLAYGROUP
I report to the trustees on my examination of the accounts of Magical Moment5 Playgroup (the Charity) for the
year ended 31 March 2025.
Responsibillties and basis of report
As the charity trustees of the Charity you are responsib18 for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 Ilhe Act.).
I report in respect of my examination of the Charity's accounts Ca￿le￿ out under section 145 of the 2011 Act
and in carrying out my examination I have follov4ed all the applicable Directions given by the Charity Commission
under section 14515llb) of the Act.
Independent 8xaminor's ststement
I have ¢omplet8d my examination. I confimi that no mateiial matters have con* to my attention in connection
with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in fBsped of the Charity as required by section 130 of the Act" or
2. the accounts do not accord wth those records", or
3. the accounts do not comply with the applicable requirements conceming the forn and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2008 other Ihan any requirement that the accounts
give a Irue and fair view whtch is not a matter considered as part of an independent examination.
I have no concems and have eJ)me across no other matters in connection ￿th the exarnination to which
attenlion should be dTrwn in this report tn order to enable a proper under6tandrng of the accounts to be
/¥-wa
Andrew Ogg FCA
Director
Andrew Ogg Lifflited
Charterèd Accountants
Holme FaTm
Spalford
Newark-0n-T￿nt
Nottingharnshire
NG23 7HD
23 January 2026
Page 7

MAGICAL MOMENTS PLAYGROUP
STATEMENT OF FINANCIAL ACTIVITIES incorporating the
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
INCOME FROM:
Local Aulhoriiy funding
Private fees
Fundraising
Tnps
Other incon
Bank interest
223.903
102.746
160
1,245
529
592
124.052
115,178
186
1,451
717
736
Total income
329,175
242,320
EXPENDITURE ON:
Charitable activities
Stafff Gosts
Training
Premises expenses
Groceries and cleaning supplies
Children's gifts and party items
Activity materials and resources
Trips
Repairs and maintenance
Voucher scheme
254.285
443
2.950
7,204
485
4.213
1,219
2.401
3.580
226,745
340
1,575
6.936
427
1,831
510
3.227
1.900
276,780
243,491
Raisin
funds
FUnd￿1$1ng
Other cosls
Accountancy and independent examination
Telephone
Travel expenses
Advertising and website
Printing and stationery
Bank charges
Other expenses
500
140
471
281
1,511
330
3,252
500
332
149
281
1.239
360
1.818
6,485
4,679
Totsl expenditure
283,265
248,170
NET INCOMEI{EXPENDITURE)
Page 8

MAGICAL MOMENTS PLAYGROUP
BALANCE SHEET
AT 31 PaARCH 2025
2025
2024
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Bank current account
Petty cash
Bank deposit account
70.591
25.626
1,111
15,9(
16.498
88.553
42,643
CREDITORS
Amounts falling due within one year
NET CURRENT ASSETS (LL481LITIES)
88,053
42.143
TOTAL ASSETS LESS CURRENT LIABILITIES
88.053
42,143
NET ASSETS
88,053
42,143
UNRESTRICTED FUNDS
Al 1 April 2024
Net incomingl(ouigoing) resources
42,143
45,910
47.993
(5.850)
TOTAL FUNDS
88.053
42.143
Thèse financial statements were approved by the board of trustees on 23 January 2026 and
were s￿ned on its beha￿ by..
Ocvl
Carrie Greenfield - Chair
Page q

MAGICAL MOMENTS PLAYGROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
The principal accounting poliaes adopted in the prepardtion of the financial statements are sel out
below and have remained unchanged from the previous year. and also have been consistently
applied within the same accounts.
a) Accountlng convention
The financial slalemenls have been prepared under the historical cost convention.
bl Incoming resources
All incoming resources ar? included on the incorre and expenditure account when the ch8rity is
legally entitled to the incorrE and the amunt can be quantified with reasonable accuracy.
Gifts in kind donated for distributK)n are included al valuation and recognised as income when
they are distributed to the projects. Grft5 donated for resale are included as Incon￿ when they are
sold. Donated facilities a￿ included at the value to the charity Whe￿ this can be quantified and a
third party is bearing the cost. No arrounts are induded in the financial statements for servi￿$
donated by volunleers.
c) Resources expended
All expenditu￿ is accounted for on an accnjals basis and has been classified under headings that
agg regate all costs related lo the category. Where costs cannot be direclly attributed to particular
headings, they have been albcated to activities on a basis consistent Imth the use of the
resources.
Fund4aising costs a￿ those incurred in seekin9 voluntary contributions and do not include the
costs of disseminating information in support of the charitable activrties. Support costs are those
¢osts incurred directly in support of expendrture on the objects of the charity and include project
management carried out by officers. ManagenEnt and adminislrdlion costs are those incurred in
connection wrth adrninistration of the chartty and Comp1rdn￿ with constitutional and statutory
requirements.
dl Taxatlon
The charity exempi from corpOrat￿n tax on its charitable activtties.
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remunerdtion or other benefit5 for the years ended 31 March 2024 and 2025.
Trustees, expenses
There were no trustees, expenses paid for the years ended 31 March 2024 and 2025.
ULTIMATE CONTROLLING PARTY
The trustees appointed to the managerTÈnt ￿Mmittee control the chaiity.
Page 10