FtIlEWAYS PLAYCEwfRE (A Compan? Limited b), Guaralltee) Company Number: 698i726 FtVEWAYS PLAYCE]ffliE (A Company ]imited by Guarantee) Charity RegistrationNo: 1131820 Conipany Number: 6985726 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL S1'ATEMEwrs FOR THE YEAR ENDED 31 AUGUST 2022
FIVEWA YS PLAYCENTRE (A Companv Limited by Guarantee) Company Nnmber: 6985726 YEAR ENDED 31 AUGUST 2022 INDLX TO FINANCIAL STATEMENTS Patse No. Index Tnlees, RetK>it Statement of FInaCIal Activtties Balance Sheet 9-12 Note¥ to the Financial Staiements Report of the ltsdependettt Examiner
FIVEWAYS PLATrcEpRE (A Compatty Limited by Guarantee) Company Number: 6985726 TRUSTEES, REPORT Tbe trustees, who are also director8 of tlie charity for the purposes of the Companies Act 2006, present ibeir report with Ilie financial statcincnts of the charity for th¢ y¢ar cndcd 31 st August 2012. The trustees huve adopted the proYi$ions of Accounting and Reporting by Charitlcs.. Stai¢m¢ut ot Recommended Practice applicable to Ch.1t1#S preparing th¢ir arcoutsts ir4 arcordattce with the Financial Reporting Standard applicable iti the UK and Repiiblic of Iieland {FEiS 102) (eff¢rtive l J41nu&r%. 2019). LEC.AI, .4ND *lDMINISTIL4TIVE DET.4tLS Governing Document The org&Disation is a COTnpany limit¢d by guarantee (number 69857261, as d¢fin¢d by th¢ Companies Act 2006, incorporated on S August 2009 and registered as a ¢Irity {ttumber 1131820) on 24 September 2009. The company was establislicd uuder a Memordndulli of Association wliicb established the objects and powers of th¢ Gliariiablr ¢ompany alld Rs governed by its Articles of Association. The members have guarante to contribute a maximum of £1 each in the eveDI of the COpanY being wound LIP. Address of Charlty: Florence Road Brighton East Sussex BNI 6DJ Trustee$ (who are dlreetors for Comp&ny law purposes): Joy Hathaway (Resied 26 October 2022} Sue Bcntou-Stac¢ (Appointcd on IS Octob¢r 20._ Camille Heaiher Brinkworth (Appointed oti 18 July 2022) Margaret Doherty (Appointed on 13 Octobknr ?022) Louise Greeyes (Appointed on l May 2022) J¢nnifer Harrison (Appoinied (Trn 18 July 2022) Cassie Hissey (Eiesign¢d 30 DecettLber 2021) Playeentre Manager: Lucy Reading B&nkers: Royal Bank of Scotland we Brtgliton and Hove Branch PO Box 300 Brtghton East SUeX BNI 9TE Independent ExamAner: Alan tx Fort Willlcrton Hou8¢ High Street Westerham TN16 IAQ "rhe charitable company w48 set up to continue the work of & charity, Fiveways Pre-scliool Playgroup, charity niimber 305178, founded iu 197l, which cca5¢d its actil¢S August ?009. The reserves from tbat charity formed the opening balances in this charitable company in 2009.
FIVEWAYS PLAYCENTRE (A CompaDy Limited bv Guarantee) Companv Number: 6985726 TRUSTEES. REPORT- cOlltined GOVERNANCE AND MANAGE4 Nr Our tmgtee board fol the Ofsted registered body aDd are re$ponsible for tlie govern8llce of the charity. Tlie trLI.%tees dre not involved IJJ Ibe day-to-dav iiianag¢m¢ni of the Pla}centre, this is delegated to the PlayceThtre tnanager. The TrLlStee board is diveiTe, trustees come from a rang¢ of backgrounds and bring different poinLs of view, i]Lgights and experience lo ally discussion3, while sharing the ethos and values of the playcentre. The truste&s meet lialf temly (every 6 to 7 weeks). PUBLIC BENEFTT In 5hapillg our objectives and planning our a¢tiYitie8 for the year. the Tntee8 have Codered the dulles set out in section 17{5) of the Charitie5 Act ?()I l io have thte Tegard t(J public benefit. In particular. the Trustees have considered boiv d]c plarnied tIvitIeS Wtll cltrIbUte to tbe overnll aim% aJ)d obJeGtives that ihey bave set. The Tnixtee¥ believe that the following paragraphs, Splf1¢411Y on the"Aim% and Objective5" and "Achievejnents alld Perlormance for the year, relate ill detail the benefit t])at the Charity provides to thr public. AIMS AND ACTIVITIES Aiinti df Charity Fivewavs Piaycentre is a play-based coJnmuDity of ¢hildren. parents aDd educatorn. We ate proud of our reputatioffj built ovcr 60 year5. tor pi'oviding excelleni, iiiclusive atToable child ¢are. We belicve that chjldren flouri8h beqt., through a secure, nurtLifin(T foundatiou of care and attentioTh that Meets their indiYÈduat nefyts. wli¢re they develop as tsocial btings who can build and maintain frien&thips, wail share, take tums and show respeGL wh6re Enjoytnent aiid liappine&% are re¢ognised as holding intrinsi¢ value wliere they can ¢ngage their hands, hearl and liead ID a vatie(y of<timuJatio8 ftnd iDspirillg p]ay-ba8¢d activiti. where they %pned by a dIV$t staff teatn of different talents Bnd skills who can Provide liigh quality ijjteractions to help unjobk children's potenLLtti. Acilpitie3 The Playcentre is open for ch%ldcaLe sessions Monday to Friday Followiog the Brighion and Hove Academic year. i.e . closing for End of tertu and half ter knolidays. The Playcentre offei8 a choice ot. all day Emd sessional care and offer.s an After School club ulltil 5.30pJn. The PIGiycentre otfer8 a holiday play scbeme for soine OF the rime ihat local schools "¢ Llosed typically 3 day% at Easter and 2-3 weeks at the sl't of the Sumtner break. Tlie PlayLentre offer.4 a Breakfast Club to take in children at 8am and safely conduct them to school at 8.30am.
IIEW As PLA YCELYFRE (A Company Limited by Garantee} Comp4lly Number: 098>726 TRITSTEES. REPORT- Continued AcHIESTLENfs PERFORMANCE OhjcJch>'es To continue to provide ufford&bl¢, inclusive. high-quality cbildGar¢. Performancc Fivcways Playccfjtre continues to be an extremely popular choice in th¢ arca, maittl}' driven by word of mouth and siblii)gs of previous att¢ndees. The setiino contillues to provide high quality, iticlusive and affordable childcai'e and our chAldren ben6ht from the extensive cbildcare experieuce and long¢vity of our diverse staff team. We havc continucd to provide affordable childcare and are one of the few Durs¢rie8 in the area that has been able to enable parents to acG¢ss 15 liours of childcare without any addition<il ¢osts. To achieve this, we fundraise extensively to cover the funding gap b¢tween the amounr we receiv¢ from Govemineni Aiid the actual costs of d¢livering cbildcare. FundrciiJingperforinance Tliroughout the year staff hold severdl fundrai8ingev¢nts, these include a fireworks display. Cbristllias and Suinmer Fairs. These event8 are w'ell aiiellded by our faTnili¢s and are not only irllportant for raisillg funds biit also for crealing a sense OE community amongsi our parents. We do not pay professional fvndraiser5. Fundraising eosls are lypically for the hire of Equipin¢llt at Fimdraising fullctions. Ini?estnwnt Incopne W¢ only have tncome from a Royal Bank of Scotland Interest Earning Current AccounL
FIVEW A YS PLAYCENI'RE (A Company Limited by Guarantee Company Nuffjber: 6985726 TRUSTF.Fts' REPORT- continued FINANCIAL REVIEW Re,5ervets Policv Unless Donations are designatcd for specific aclivitics. all funds arc held Unrestricted for General purposes. Fiinding,soiirces 621)/u of bicorn¢ comes from the Parcnts of Ch:Idren in the forni oFFees. 33•/0 comes trom the local Authority EaL'ly Years Frcc Educarion schcm¢. RISK MANAGEMErir The TnLSttts have reviewed the major risk5 to which the Playgroup È.q exposed &nd are eonfident Iliat controls are in place to niitigatci ¢gainst diose risks. RESERVES All tullds are held as unrestricteLL kn practic¢ it is always th¢ EK>licy to aim to 8 Su15 during the rest ot. the trading year to meei the FIoliday Pay (Circa 00,IXK)l inCu¢d dwiDg th¢ illontb of August when there is no F¢e tncoin¢. BUILDING S¢Tri¢c cost8 such 05 Building In8uranix, Busiti R&tCs, Gas. Electricity and Water have been p8rtly offset by being able to r¢-rharg¢ 20 /0 of such costs io the Preston PaTk Children's Cenrre located within the new building.
FIVEW.4YSPLAYCEWTRE {A Company Limited by Guarantee) Compally Number: 6985726 TRUS'fEES' REPORT- continned I'IiUSTEESI RESPONSIBtLITIKS Tbc Éruslees (who are directors of the ¢ompany for the pwposes of Company Law) are responsible for preparing tho I'ruslee8 Report and financial statements in aecordartce lIb applicable law and United Kingdom AccoLinting Standards Iuniied Kingdom Gcn¢rally Aec¢pl¢d Accounting Practice). Company law requires the trustees to pr¢par¢ financial siaiements for cacli fJDancial year wliicli give a tn]e and fair view of thc state of affairs of the charitable coinpany and of the iticoming resources and application of resourcLs, it)cluding the inco]me and Cxpenditure. of the charitable COTnpaJJ)' for that petiod. In preparing tliose fiuaneial statements, the tTUStees are required to: select suitable accoullling polici¢s aThd iben apply tbem consist¢utly. obsern'e the methods and priDciplc$ in th¢ ¢hllriiy SORP. makc judgenienrs and esiimates Ihat are reasonable aDd prudeni. prepare the finat]cial stal¢menls on tb¢ going concern basis unl¢&8 It is inapproprtate to presume that the company will Gontinue in business. The tTU8tees are responsiblc for keeping proper accounting Tecords whicb disclose witb re&sonable accuracy at aiiy time the tinancial positiou of the Lompany and to enable theiii to ¢nsure that the fInCIal statements coThiply with Li1¢ CompaDieg Act 2006: and regulations undLr Section 130 of the C]wities Act 2011. They are also responsible for SafegUrdingY the assets of the COEtLPally and hence for taking r&8sonable Steps for prevention and detcction of fraud and otber irregulariti¢s. This report has been prepared in accordance with tb¢ Statrm¢Di of Recommend Practic¢ Accounting &nd Reporting b}. Ch8riti¢s and in accordaoce with ihe Special Provisions of Part 15 of the Companics Act 2006 relating to siiiall rompani¢5. Approved by Ilie Trnstecs on 27 March ?023 and siglled oo their bel]alf by .slee
rilVEWAYS PLA YCENTRE (A Compan) Limited b). Guarantee) Company Ilumbtr: 6985726 ST.4TEMEI%ry OF FP*ANCIAL ACTIIYITTES FOR THE YEAR EI])ED 31 ALGLST 20?2 COME AND EXPEYDITIIRE Unreslricted 2022 'l-otkl Unrestricted 2021 ToLI1 Notes INCOMING RF,SOURCES JiicoLnifjg resourcts froiD Geiierated Funds: DoTh&lions Fulldraisillg Bank inl¢r¢st Lettings ReLeived Childr¢n'% Centre S¢rvice Ff£S HMRC JRS Gi'ant Incoming resoiwccs from Ch&ritable AcLivities: Brighton and 14ove Vouchers Fees Received 1,367 61 4,870 159 35LI 17,651 61,288 146,656 171,590 TOTAL INCOMING RESOURCES RESOURCES EXPENDED Cost of Gen¢rating Funds- FundraisiTh Cl)arilable Aclivities 448 177 TOTAL RESOLRCES EXPENDED NET (oirrGOING)ItNCOMING RESOURCES 45,0?2 1,764 Fund Balances brought fonvard at I September 2021 Fund Balallces carried forwurd at 31 August 20?2 There are no other gains or losses in ¢irli¢T Yr. The net {outgoingliincoming resourcesforihe finallcial yeararose froni coatinuing operations. The notes set out on pages 9 to l2 forni part OF tliese financial stateinents
FtVEI WAYS PLAYCENTRE (A Cvmp4Dy Llniiled bv Guaralltee) Compttny Number: 6985726 BALANCE SHEET AS AT 31 AUGUST 2022 Note8 2022 2021 FIXED ASSETS Leasehold Pro)erty Compliter Eqiiipnlent 65.000 389 70,000 585 CURRENT ASSETS D¢btor$ Casb at bank and in hand 1,947 134J34 79.635 LL4BILITIES: amolt$ falllng due within one year Creditors XCESS OTr CURRENT LL4BILITIES OVER ASSETS NET ASSETS 74 FUNDS- UDre$trl¢ted Restricted 188,769 143,747 13 Tlie corrLpany is entiiled to exemption from audit uyjdcr Scction 477 of lh¢ Companics Art 2006 Eor tlie period ¢nded 31 August 2022. The meTnbers have not r¢quir¢d ts4e ro]npany to obtain 2n audit of its fllLqDcial statements for tkne period eud¢d 3 l August 2022 in accordance with Section 476 of tlLe Companies Act2006. Thc dir¢ctors knOwledge their r¢sponsibilitics for: (a) en81]ng that the company keeps accounting records which eotuply with Section 386 and 387 of the Companics Act 2006and preparing financial statetuents hICh give 8 true and fair view of the state of affairs of the company as at the end of eacli Financial year and of its proFit or Iosb for each financial Near in accordane¢ with rh¢ requirements ot Section 394 and 395 and wlLicb otherwisc comply witli the rcquiretnents of tlie Coiiipanies Act 2006 relating to fancial state]ncnl8. so far as applicable to the cotllpany. (b) Tliese financial statem¢Dts Iiav¢ bccn prepared in aecordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by the Trust¢¢8 on 271h March 2023 and signed on their behalf by The notes se:. out on Piiges 9 to 12 form part of these nancial statements
FTrEWA YS PLAYCEI¥4TRE (A CompAny Limited by GuarAntee) Company L¥iumber: 6985726 NOI'ES "I"0 fHL TrINANCIAL STAI'ETrtLNfs FOR TItE PERIOD E.NDED 31 AUGLST 2022 I. ACCOUNTING POLlCtES The followinq accour.iing poliGieb hai'e bren applied con.siscently in dealing with items which are COA8idered Inaterial relaEioll to the fLoallci<il btateinents.. (u) Bci3'iJ ofuc'counfing The financial 8tatements of the charitable cojnpany. which is a public benefit entity under FRS 102, have bLen prepared in aLcordance the Ch111¢ SORP (FRS 1021'Ac¢ounliJ)g and Reporting by Charitie%.' Statetneiil of Recomn]ended Practice applicable ro charities preparÈng their acco][$ in accordance with tl)e FInaCIal Reportill£ Standllrd appliLabl in the UK aiid R¢pllbliL of treland (FRS 102 J (effective l January 2015),. Financial Reportingr Standard 102 '1'h¢ FIanCial Reporting Standard applicable Jn the UK and Republic of treland, and the Companies Act 2006. ThL financial statcments have been pr4)ar¢d under the historical cosieonv¢ntion. 'lTre Tnistee8 consider ibai There are llo mttterial urtcertaitities aboui the chatity's abilily to continue as a going concern. (li) Fund accounting Th¢ knliGifLty Imb varioub lypes of Eunds for which it is responsibl4 and which require separate di¥clo%ure'. Unrtstricied lunds - Fundy wbi¢h are expendablb at the di8¢retlOD of th¢ TnL8tees in fLffther&nce of the Objct8 ot the ebLity. Restrict fiind% - Funds which Elre expendable a5 directed by tbe donoi". (c) IncDtrning resDiirces Incoming regources are accounted for as sooR as probable etLtitlemeAt 15 established as follows.. Donations, lega¢ies and fundraising- on a rec¢ivable basis when capable of financial eaSurelent and a %oon as the charity ib uotifled oFit4 legal elltitlenieni and the amount due is quantifJabl¢ M'ith reasonable ctrtainty. - 01) a receivRbl¢ basis. Inter¢st income (d) Resource5 e_¥pended Resourceq expended are accounted for on an accruals basis and include attributable VAT which Cannot be r¢cov¢red. i) Co*ts in furtherance of charitable objectives ¢oJnprise all expenditure directly relating to the objective5 of the chariry. ii) Admiiiitytrative ¢xpellditure Gomprises overh6ads not diTectly airributable to direcl chw'itable expenditLire. These relllte to the management of th¢ Trust's Funds, organi&ationa] ad[ninistrIoTh and compliance with tsiatutory requirem¢nt8. (e) Fi.red A,f.set.f The charity paid, in Augusi 20IO. £125.000 for a 25 year lease on tlie building from which il operates. Thi8 co¥t will be dtpreciated over the 25 years of the lease on & straight line basis. The cost of coinputer equipment will be depreciated on a swaight line b&gis at 25Yg per annuln. Cask Flow Siatentent Tli¢ charity has taken advÉintage Df the exemption from the requireme¥Lt to provide a cash flow.8tateinenE Dn Llie 'ounds their size doeb not ineet the minimum thL-esbolds as sei out in tbe Charitkes Statsmeiit of Recomtnended Practice. (g) Pe4.%ions The cht)rily is scheduled to commence Auto-Enrolment in a workpla Pension Scheme with NEST (National Employinent Savings Trust} effective October 2015
Ftvfi WAYS PLA YCENTRE {A Company l.imited by CiuArantee) Compan? Tr4unJber: 6985726 NOTES TO TItE FINANCIAL STATEIIETrUS - continued 2. DONATIODIS 21)22 2021 Co-op Coinmunity Fiiud Usboime Books Miscellaneous 3. INTEIiES'f RECEtVED Royal Bank of Scotland 4. FEES REI CETrED Playgroiip and Atter Schools Club Rcgi8ts-atio 273,760 176,771 5. Dlllcl CT CHARABLE EVEiwrfLIiE Salarics Employcrs, National Insurnnce Pension Food & Milk Utilities & Servi8 Insurance Edii¢ation & Trainillg 1)18y Eqiiipment & Materials Building Repair & Mailltenance Oili¢r Equipment & Malerials Offic¢ Administration Independeni Examination Depreciation 312.698 10,867 4,278 5,149 22,546 1,572 1,973 8231 18,007 2,178 5,900 300 320,260 14,239 3,085 4,262 17,374 1,180 4,58 1 27,155 3,495 4,145 300 6. EMPLOYEES The average number of Employees it] the year- No employ¢e r¢c¢ived reinun¢ration in exc¢ss of £60,000. 10
FIlWAys PLA YCEPII'RE (A Company Limited by Cjuarantee) Company Number: 6985726 NOTES TO THE FINANCL4L STATEhIENTS - colltillued 7. FJXKD ASSETS Leasehold Property Computer Equipment cos'i As al 31 ALigust 2021 and 31 August 2022 DEPRECIATION As kit 31 Auftust 2021 Cbarge for the year 196 196 As al 31 AugiisL 2022 NET BOOK VALLE As at 31 August 202? As al ) l August 2021 585 DEBTORS 2022 2021 Oth6r debtor 9. CREDrroRS Amounr8 Falling due wittLin oue year 2022 2021 F¢es 1,000 1,260 Oiher Cr¢dilors 10. RELATED PARTY TIL4NSAcrioNs No Trustee received any rcThiun¢ration during the year.
FtVEW'.4YS PLAYCENTRE (A Company Limited bv G"uarantee) Company Number: 6985726 11. TAXATION Tlie Cbarity is considcr¢d to pas8 the tests set out in Paragrdph I Schedule 6 Arl 2010 and therefore il meets the d¢finition of a charitable company for UK CoryM)ration Tax piirposes. Accordinirly, the Charity is potentiolly exempl froni ixalion in r¢speeL OF income or capital wns reccivcd within categories o)V¢Tcd by Chapier 3 Part I I Corporatioii Tax Act 2010 Dr Section 256 ok die Taxation of Chargvdble Gainb Act 1992. to tbe exteilt that such invoinc or gains are Iipplied Gxclusively to cbaritable purposes. 12. ANALYSIS OF 1¥4F,T ASSEI"S BETIYEEN FUNDS Unrestricted 2022 Restricted 2022 Total 2022 Tangible Fixed Assets Nel Curtenr Assets l{Liabilities) 65,389 65,389 188 769 13. MOVEMENf IN FUNDS 31 August 2021 31August 2022 Outgoing Unrestrl¢ted Fund$ Geiieral 74 399 343 Total Unrestricted Total Funds There are no Restricted fvnds in either 2022 or 2021. 14. COMPANY STATUS Th¥ COTllpany is a priYat¢ cornpany limited by guarantee and consequently does not have 8har¢ witsl. Each of the metnkrs is liable to contribute an amouni not ¢xceeding £1 tr>w3r(ts the assets ot- the coinpany iu tlie evuit of liquid&tion during the time that they are metnbers or withiJJ 12 Tnouths aftrn 12
FIVEWAYS PLAYCEwfRE (A Company Limited byGuJralltee) CopanY Number: 6985726 Independent e.Yaminer's report to tbe trustees of FiveiTray$ Playcentre (A comp&uy liD)ited b} guarantee) ('the Company,) I report to th¢ charity trustees on my examination of th¢ aecounts of the Conipjny for (he year ended 31 August 2022. Resp()nsfibllitles and basis ol report bls tlie charity's trustees ot thi Company (aDd its directOf3 for the plp0$ of company law) you are respon8ible For lh¢ pr¢pdration of the accouAts in acLordaELbe with the requirements of the Coinpanies Aci 2006 {'tb¢ 2006 ACL,). The ¢harity' s gross incomc cxceeded £250,000 and l am qualified to undertake the examiiiation by belug a emb#r of the Illstitli ot Chartrred Accoulltant5 in England and Wales. Having satisfied myself that the ac¢ounts of the CoEllpa]J} are not required to be audited under Part 16 of tlit 2006 Act and are eligible for independeTht examination, I r¢port in respect of iny examination Df your charity's accontS as Carried out under sectioll l45 Of the Charities Art 2011 ('the 201 l Act.). In carrying out my examillation I hAve followed the Directiolls giv¢ll by tbe Cbarity Commission under s¢Ction 145{5) (b) of the 2011 A¢t. Independent eAamlner's statement I bave complctld ny examination. I coJ]firm that no tnaterial matters bai'¢ rome to my attention in connection with the examination wbich gives me cause to bclieTre that in, any ina(erial resp¢cl'. accoiinling COrdS wer¢ not kept in accordaDce witli seclion 130 olthe Cliarities Act- or the accounls do not accord i%ith the afjcountino records. or the accounts did not comply with the applicable r¢quirements concerning th¢ fortu Ejnd contcnt of accoullts set out in the Charities {Accounts and Reports) Regulations 2008 otlier tlian any requirement Ibat the accounts giv¢ a 'ttrut and faif, view whicb is not & matter COllsider¢d as part of indepelldent exalaoll. I have no con¢crn$ and have come aosS no other matters in corhnection with the exatnination to which attention sliould b¢ drawu in this report in order to eA8ble a pioper lderStanding of the accounts to be reache(L Alatk L¢ Forl Winterton Hoiise Higli Street Westerham TN16 IAQ Dale 41h May 2023 13
FtIlEWAYS PLAYCEwfRE (A Compan? Limited b), Guaralltee) Company Number: 698i726 FtVEWAYS PLAYCE]ffliE (A Company ]imited by Guarantee) Charity RegistrationNo: 1131820 Conipany Number: 6985726 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL S1'ATEMEwrs FOR THE YEAR ENDED 31 AUGUST 2022
FIVEWA YS PLAYCENTRE (A Companv Limited by Guarantee) Company Nnmber: 6985726 YEAR ENDED 31 AUGUST 2022 INDLX TO FINANCIAL STATEMENTS Patse No. Index Tnlees, RetK>it Statement of FInaCIal Activtties Balance Sheet 9-12 Note¥ to the Financial Staiements Report of the ltsdependettt Examiner
FIVEWAYS PLATrcEpRE (A Compatty Limited by Guarantee) Company Number: 6985726 TRUSTEES, REPORT Tbe trustees, who are also director8 of tlie charity for the purposes of the Companies Act 2006, present ibeir report with Ilie financial statcincnts of the charity for th¢ y¢ar cndcd 31 st August 2012. The trustees huve adopted the proYi$ions of Accounting and Reporting by Charitlcs.. Stai¢m¢ut ot Recommended Practice applicable to Ch.1t1#S preparing th¢ir arcoutsts ir4 arcordattce with the Financial Reporting Standard applicable iti the UK and Repiiblic of Iieland {FEiS 102) (eff¢rtive l J41nu&r%. 2019). LEC.AI, .4ND *lDMINISTIL4TIVE DET.4tLS Governing Document The org&Disation is a COTnpany limit¢d by guarantee (number 69857261, as d¢fin¢d by th¢ Companies Act 2006, incorporated on S August 2009 and registered as a ¢Irity {ttumber 1131820) on 24 September 2009. The company was establislicd uuder a Memordndulli of Association wliicb established the objects and powers of th¢ Gliariiablr ¢ompany alld Rs governed by its Articles of Association. The members have guarante to contribute a maximum of £1 each in the eveDI of the COpanY being wound LIP. Address of Charlty: Florence Road Brighton East Sussex BNI 6DJ Trustee$ (who are dlreetors for Comp&ny law purposes): Joy Hathaway (Resied 26 October 2022} Sue Bcntou-Stac¢ (Appointcd on IS Octob¢r 20._ Camille Heaiher Brinkworth (Appointed oti 18 July 2022) Margaret Doherty (Appointed on 13 Octobknr ?022) Louise Greeyes (Appointed on l May 2022) J¢nnifer Harrison (Appoinied (Trn 18 July 2022) Cassie Hissey (Eiesign¢d 30 DecettLber 2021) Playeentre Manager: Lucy Reading B&nkers: Royal Bank of Scotland we Brtgliton and Hove Branch PO Box 300 Brtghton East SUeX BNI 9TE Independent ExamAner: Alan tx Fort Willlcrton Hou8¢ High Street Westerham TN16 IAQ "rhe charitable company w48 set up to continue the work of & charity, Fiveways Pre-scliool Playgroup, charity niimber 305178, founded iu 197l, which cca5¢d its actil¢S August ?009. The reserves from tbat charity formed the opening balances in this charitable company in 2009.
FIVEWAYS PLAYCENTRE (A CompaDy Limited bv Guarantee) Companv Number: 6985726 TRUSTEES. REPORT- cOlltined GOVERNANCE AND MANAGE4 Nr Our tmgtee board fol the Ofsted registered body aDd are re$ponsible for tlie govern8llce of the charity. Tlie trLI.%tees dre not involved IJJ Ibe day-to-dav iiianag¢m¢ni of the Pla}centre, this is delegated to the PlayceThtre tnanager. The TrLlStee board is diveiTe, trustees come from a rang¢ of backgrounds and bring different poinLs of view, i]Lgights and experience lo ally discussion3, while sharing the ethos and values of the playcentre. The truste&s meet lialf temly (every 6 to 7 weeks). PUBLIC BENEFTT In 5hapillg our objectives and planning our a¢tiYitie8 for the year. the Tntee8 have Codered the dulles set out in section 17{5) of the Charitie5 Act ?()I l io have thte Tegard t(J public benefit. In particular. the Trustees have considered boiv d]c plarnied tIvitIeS Wtll cltrIbUte to tbe overnll aim% aJ)d obJeGtives that ihey bave set. The Tnixtee¥ believe that the following paragraphs, Splf1¢411Y on the"Aim% and Objective5" and "Achievejnents alld Perlormance for the year, relate ill detail the benefit t])at the Charity provides to thr public. AIMS AND ACTIVITIES Aiinti df Charity Fivewavs Piaycentre is a play-based coJnmuDity of ¢hildren. parents aDd educatorn. We ate proud of our reputatioffj built ovcr 60 year5. tor pi'oviding excelleni, iiiclusive atToable child ¢are. We belicve that chjldren flouri8h beqt., through a secure, nurtLifin(T foundatiou of care and attentioTh that Meets their indiYÈduat nefyts. wli¢re they develop as tsocial btings who can build and maintain frien&thips, wail share, take tums and show respeGL wh6re Enjoytnent aiid liappine&% are re¢ognised as holding intrinsi¢ value wliere they can ¢ngage their hands, hearl and liead ID a vatie(y of<timuJatio8 ftnd iDspirillg p]ay-ba8¢d activiti. where they %pned by a dIV$t staff teatn of different talents Bnd skills who can Provide liigh quality ijjteractions to help unjobk children's potenLLtti. Acilpitie3 The Playcentre is open for ch%ldcaLe sessions Monday to Friday Followiog the Brighion and Hove Academic year. i.e . closing for End of tertu and half ter knolidays. The Playcentre offei8 a choice ot. all day Emd sessional care and offer.s an After School club ulltil 5.30pJn. The PIGiycentre otfer8 a holiday play scbeme for soine OF the rime ihat local schools "¢ Llosed typically 3 day% at Easter and 2-3 weeks at the sl't of the Sumtner break. Tlie PlayLentre offer.4 a Breakfast Club to take in children at 8am and safely conduct them to school at 8.30am.
IIEW As PLA YCELYFRE (A Company Limited by Garantee} Comp4lly Number: 098>726 TRITSTEES. REPORT- Continued AcHIESTLENfs PERFORMANCE OhjcJch>'es To continue to provide ufford&bl¢, inclusive. high-quality cbildGar¢. Performancc Fivcways Playccfjtre continues to be an extremely popular choice in th¢ arca, maittl}' driven by word of mouth and siblii)gs of previous att¢ndees. The setiino contillues to provide high quality, iticlusive and affordable childcai'e and our chAldren ben6ht from the extensive cbildcare experieuce and long¢vity of our diverse staff team. We havc continucd to provide affordable childcare and are one of the few Durs¢rie8 in the area that has been able to enable parents to acG¢ss 15 liours of childcare without any addition<il ¢osts. To achieve this, we fundraise extensively to cover the funding gap b¢tween the amounr we receiv¢ from Govemineni Aiid the actual costs of d¢livering cbildcare. FundrciiJingperforinance Tliroughout the year staff hold severdl fundrai8ingev¢nts, these include a fireworks display. Cbristllias and Suinmer Fairs. These event8 are w'ell aiiellded by our faTnili¢s and are not only irllportant for raisillg funds biit also for crealing a sense OE community amongsi our parents. We do not pay professional fvndraiser5. Fundraising eosls are lypically for the hire of Equipin¢llt at Fimdraising fullctions. Ini?estnwnt Incopne W¢ only have tncome from a Royal Bank of Scotland Interest Earning Current AccounL
FIVEW A YS PLAYCENI'RE (A Company Limited by Guarantee Company Nuffjber: 6985726 TRUSTF.Fts' REPORT- continued FINANCIAL REVIEW Re,5ervets Policv Unless Donations are designatcd for specific aclivitics. all funds arc held Unrestricted for General purposes. Fiinding,soiirces 621)/u of bicorn¢ comes from the Parcnts of Ch:Idren in the forni oFFees. 33•/0 comes trom the local Authority EaL'ly Years Frcc Educarion schcm¢. RISK MANAGEMErir The TnLSttts have reviewed the major risk5 to which the Playgroup È.q exposed &nd are eonfident Iliat controls are in place to niitigatci ¢gainst diose risks. RESERVES All tullds are held as unrestricteLL kn practic¢ it is always th¢ EK>licy to aim to 8 Su15 during the rest ot. the trading year to meei the FIoliday Pay (Circa 00,IXK)l inCu¢d dwiDg th¢ illontb of August when there is no F¢e tncoin¢. BUILDING S¢Tri¢c cost8 such 05 Building In8uranix, Busiti R&tCs, Gas. Electricity and Water have been p8rtly offset by being able to r¢-rharg¢ 20 /0 of such costs io the Preston PaTk Children's Cenrre located within the new building.
FIVEW.4YSPLAYCEWTRE {A Company Limited by Guarantee) Compally Number: 6985726 TRUS'fEES' REPORT- continned I'IiUSTEESI RESPONSIBtLITIKS Tbc Éruslees (who are directors of the ¢ompany for the pwposes of Company Law) are responsible for preparing tho I'ruslee8 Report and financial statements in aecordartce lIb applicable law and United Kingdom AccoLinting Standards Iuniied Kingdom Gcn¢rally Aec¢pl¢d Accounting Practice). Company law requires the trustees to pr¢par¢ financial siaiements for cacli fJDancial year wliicli give a tn]e and fair view of thc state of affairs of the charitable coinpany and of the iticoming resources and application of resourcLs, it)cluding the inco]me and Cxpenditure. of the charitable COTnpaJJ)' for that petiod. In preparing tliose fiuaneial statements, the tTUStees are required to: select suitable accoullling polici¢s aThd iben apply tbem consist¢utly. obsern'e the methods and priDciplc$ in th¢ ¢hllriiy SORP. makc judgenienrs and esiimates Ihat are reasonable aDd prudeni. prepare the finat]cial stal¢menls on tb¢ going concern basis unl¢&8 It is inapproprtate to presume that the company will Gontinue in business. The tTU8tees are responsiblc for keeping proper accounting Tecords whicb disclose witb re&sonable accuracy at aiiy time the tinancial positiou of the Lompany and to enable theiii to ¢nsure that the fInCIal statements coThiply with Li1¢ CompaDieg Act 2006: and regulations undLr Section 130 of the C]wities Act 2011. They are also responsible for SafegUrdingY the assets of the COEtLPally and hence for taking r&8sonable Steps for prevention and detcction of fraud and otber irregulariti¢s. This report has been prepared in accordance with tb¢ Statrm¢Di of Recommend Practic¢ Accounting &nd Reporting b}. Ch8riti¢s and in accordaoce with ihe Special Provisions of Part 15 of the Companics Act 2006 relating to siiiall rompani¢5. Approved by Ilie Trnstecs on 27 March ?023 and siglled oo their bel]alf by .slee
rilVEWAYS PLA YCENTRE (A Compan) Limited b). Guarantee) Company Ilumbtr: 6985726 ST.4TEMEI%ry OF FP*ANCIAL ACTIIYITTES FOR THE YEAR EI])ED 31 ALGLST 20?2 COME AND EXPEYDITIIRE Unreslricted 2022 'l-otkl Unrestricted 2021 ToLI1 Notes INCOMING RF,SOURCES JiicoLnifjg resourcts froiD Geiierated Funds: DoTh&lions Fulldraisillg Bank inl¢r¢st Lettings ReLeived Childr¢n'% Centre S¢rvice Ff£S HMRC JRS Gi'ant Incoming resoiwccs from Ch&ritable AcLivities: Brighton and 14ove Vouchers Fees Received 1,367 61 4,870 159 35LI 17,651 61,288 146,656 171,590 TOTAL INCOMING RESOURCES RESOURCES EXPENDED Cost of Gen¢rating Funds- FundraisiTh Cl)arilable Aclivities 448 177 TOTAL RESOLRCES EXPENDED NET (oirrGOING)ItNCOMING RESOURCES 45,0?2 1,764 Fund Balances brought fonvard at I September 2021 Fund Balallces carried forwurd at 31 August 20?2 There are no other gains or losses in ¢irli¢T Yr. The net {outgoingliincoming resourcesforihe finallcial yeararose froni coatinuing operations. The notes set out on pages 9 to l2 forni part OF tliese financial stateinents
FtVEI WAYS PLAYCENTRE (A Cvmp4Dy Llniiled bv Guaralltee) Compttny Number: 6985726 BALANCE SHEET AS AT 31 AUGUST 2022 Note8 2022 2021 FIXED ASSETS Leasehold Pro)erty Compliter Eqiiipnlent 65.000 389 70,000 585 CURRENT ASSETS D¢btor$ Casb at bank and in hand 1,947 134J34 79.635 LL4BILITIES: amolt$ falllng due within one year Creditors XCESS OTr CURRENT LL4BILITIES OVER ASSETS NET ASSETS 74 FUNDS- UDre$trl¢ted Restricted 188,769 143,747 13 Tlie corrLpany is entiiled to exemption from audit uyjdcr Scction 477 of lh¢ Companics Art 2006 Eor tlie period ¢nded 31 August 2022. The meTnbers have not r¢quir¢d ts4e ro]npany to obtain 2n audit of its fllLqDcial statements for tkne period eud¢d 3 l August 2022 in accordance with Section 476 of tlLe Companies Act2006. Thc dir¢ctors knOwledge their r¢sponsibilitics for: (a) en81]ng that the company keeps accounting records which eotuply with Section 386 and 387 of the Companics Act 2006and preparing financial statetuents hICh give 8 true and fair view of the state of affairs of the company as at the end of eacli Financial year and of its proFit or Iosb for each financial Near in accordane¢ with rh¢ requirements ot Section 394 and 395 and wlLicb otherwisc comply witli the rcquiretnents of tlie Coiiipanies Act 2006 relating to fancial state]ncnl8. so far as applicable to the cotllpany. (b) Tliese financial statem¢Dts Iiav¢ bccn prepared in aecordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by the Trust¢¢8 on 271h March 2023 and signed on their behalf by The notes se:. out on Piiges 9 to 12 form part of these nancial statements
FTrEWA YS PLAYCEI¥4TRE (A CompAny Limited by GuarAntee) Company L¥iumber: 6985726 NOI'ES "I"0 fHL TrINANCIAL STAI'ETrtLNfs FOR TItE PERIOD E.NDED 31 AUGLST 2022 I. ACCOUNTING POLlCtES The followinq accour.iing poliGieb hai'e bren applied con.siscently in dealing with items which are COA8idered Inaterial relaEioll to the fLoallci<il btateinents.. (u) Bci3'iJ ofuc'counfing The financial 8tatements of the charitable cojnpany. which is a public benefit entity under FRS 102, have bLen prepared in aLcordance the Ch111¢ SORP (FRS 1021'Ac¢ounliJ)g and Reporting by Charitie%.' Statetneiil of Recomn]ended Practice applicable ro charities preparÈng their acco][$ in accordance with tl)e FInaCIal Reportill£ Standllrd appliLabl in the UK aiid R¢pllbliL of treland (FRS 102 J (effective l January 2015),. Financial Reportingr Standard 102 '1'h¢ FIanCial Reporting Standard applicable Jn the UK and Republic of treland, and the Companies Act 2006. ThL financial statcments have been pr4)ar¢d under the historical cosieonv¢ntion. 'lTre Tnistee8 consider ibai There are llo mttterial urtcertaitities aboui the chatity's abilily to continue as a going concern. (li) Fund accounting Th¢ knliGifLty Imb varioub lypes of Eunds for which it is responsibl4 and which require separate di¥clo%ure'. Unrtstricied lunds - Fundy wbi¢h are expendablb at the di8¢retlOD of th¢ TnL8tees in fLffther&nce of the Objct8 ot the ebLity. Restrict fiind% - Funds which Elre expendable a5 directed by tbe donoi". (c) IncDtrning resDiirces Incoming regources are accounted for as sooR as probable etLtitlemeAt 15 established as follows.. Donations, lega¢ies and fundraising- on a rec¢ivable basis when capable of financial eaSurelent and a %oon as the charity ib uotifled oFit4 legal elltitlenieni and the amount due is quantifJabl¢ M'ith reasonable ctrtainty. - 01) a receivRbl¢ basis. Inter¢st income (d) Resource5 e_¥pended Resourceq expended are accounted for on an accruals basis and include attributable VAT which Cannot be r¢cov¢red. i) Co*ts in furtherance of charitable objectives ¢oJnprise all expenditure directly relating to the objective5 of the chariry. ii) Admiiiitytrative ¢xpellditure Gomprises overh6ads not diTectly airributable to direcl chw'itable expenditLire. These relllte to the management of th¢ Trust's Funds, organi&ationa] ad[ninistrIoTh and compliance with tsiatutory requirem¢nt8. (e) Fi.red A,f.set.f The charity paid, in Augusi 20IO. £125.000 for a 25 year lease on tlie building from which il operates. Thi8 co¥t will be dtpreciated over the 25 years of the lease on & straight line basis. The cost of coinputer equipment will be depreciated on a swaight line b&gis at 25Yg per annuln. Cask Flow Siatentent Tli¢ charity has taken advÉintage Df the exemption from the requireme¥Lt to provide a cash flow.8tateinenE Dn Llie 'ounds their size doeb not ineet the minimum thL-esbolds as sei out in tbe Charitkes Statsmeiit of Recomtnended Practice. (g) Pe4.%ions The cht)rily is scheduled to commence Auto-Enrolment in a workpla Pension Scheme with NEST (National Employinent Savings Trust} effective October 2015
Ftvfi WAYS PLA YCENTRE {A Company l.imited by CiuArantee) Compan? Tr4unJber: 6985726 NOTES TO TItE FINANCIAL STATEIIETrUS - continued 2. DONATIODIS 21)22 2021 Co-op Coinmunity Fiiud Usboime Books Miscellaneous 3. INTEIiES'f RECEtVED Royal Bank of Scotland 4. FEES REI CETrED Playgroiip and Atter Schools Club Rcgi8ts-atio 273,760 176,771 5. Dlllcl CT CHARABLE EVEiwrfLIiE Salarics Employcrs, National Insurnnce Pension Food & Milk Utilities & Servi8 Insurance Edii¢ation & Trainillg 1)18y Eqiiipment & Materials Building Repair & Mailltenance Oili¢r Equipment & Malerials Offic¢ Administration Independeni Examination Depreciation 312.698 10,867 4,278 5,149 22,546 1,572 1,973 8231 18,007 2,178 5,900 300 320,260 14,239 3,085 4,262 17,374 1,180 4,58 1 27,155 3,495 4,145 300 6. EMPLOYEES The average number of Employees it] the year- No employ¢e r¢c¢ived reinun¢ration in exc¢ss of £60,000. 10
FIlWAys PLA YCEPII'RE (A Company Limited by Cjuarantee) Company Number: 6985726 NOTES TO THE FINANCL4L STATEhIENTS - colltillued 7. FJXKD ASSETS Leasehold Property Computer Equipment cos'i As al 31 ALigust 2021 and 31 August 2022 DEPRECIATION As kit 31 Auftust 2021 Cbarge for the year 196 196 As al 31 AugiisL 2022 NET BOOK VALLE As at 31 August 202? As al ) l August 2021 585 DEBTORS 2022 2021 Oth6r debtor 9. CREDrroRS Amounr8 Falling due wittLin oue year 2022 2021 F¢es 1,000 1,260 Oiher Cr¢dilors 10. RELATED PARTY TIL4NSAcrioNs No Trustee received any rcThiun¢ration during the year.
FtVEW'.4YS PLAYCENTRE (A Company Limited bv G"uarantee) Company Number: 6985726 11. TAXATION Tlie Cbarity is considcr¢d to pas8 the tests set out in Paragrdph I Schedule 6 Arl 2010 and therefore il meets the d¢finition of a charitable company for UK CoryM)ration Tax piirposes. Accordinirly, the Charity is potentiolly exempl froni ixalion in r¢speeL OF income or capital wns reccivcd within categories o)V¢Tcd by Chapier 3 Part I I Corporatioii Tax Act 2010 Dr Section 256 ok die Taxation of Chargvdble Gainb Act 1992. to tbe exteilt that such invoinc or gains are Iipplied Gxclusively to cbaritable purposes. 12. ANALYSIS OF 1¥4F,T ASSEI"S BETIYEEN FUNDS Unrestricted 2022 Restricted 2022 Total 2022 Tangible Fixed Assets Nel Curtenr Assets l{Liabilities) 65,389 65,389 188 769 13. MOVEMENf IN FUNDS 31 August 2021 31August 2022 Outgoing Unrestrl¢ted Fund$ Geiieral 74 399 343 Total Unrestricted Total Funds There are no Restricted fvnds in either 2022 or 2021. 14. COMPANY STATUS Th¥ COTllpany is a priYat¢ cornpany limited by guarantee and consequently does not have 8har¢ witsl. Each of the metnkrs is liable to contribute an amouni not ¢xceeding £1 tr>w3r(ts the assets ot- the coinpany iu tlie evuit of liquid&tion during the time that they are metnbers or withiJJ 12 Tnouths aftrn 12
FIVEWAYS PLAYCEwfRE (A Company Limited byGuJralltee) CopanY Number: 6985726 Independent e.Yaminer's report to tbe trustees of FiveiTray$ Playcentre (A comp&uy liD)ited b} guarantee) ('the Company,) I report to th¢ charity trustees on my examination of th¢ aecounts of the Conipjny for (he year ended 31 August 2022. Resp()nsfibllitles and basis ol report bls tlie charity's trustees ot thi Company (aDd its directOf3 for the plp0$ of company law) you are respon8ible For lh¢ pr¢pdration of the accouAts in acLordaELbe with the requirements of the Coinpanies Aci 2006 {'tb¢ 2006 ACL,). The ¢harity' s gross incomc cxceeded £250,000 and l am qualified to undertake the examiiiation by belug a emb#r of the Illstitli ot Chartrred Accoulltant5 in England and Wales. Having satisfied myself that the ac¢ounts of the CoEllpa]J} are not required to be audited under Part 16 of tlit 2006 Act and are eligible for independeTht examination, I r¢port in respect of iny examination Df your charity's accontS as Carried out under sectioll l45 Of the Charities Art 2011 ('the 201 l Act.). In carrying out my examillation I hAve followed the Directiolls giv¢ll by tbe Cbarity Commission under s¢Ction 145{5) (b) of the 2011 A¢t. Independent eAamlner's statement I bave complctld ny examination. I coJ]firm that no tnaterial matters bai'¢ rome to my attention in connection with the examination wbich gives me cause to bclieTre that in, any ina(erial resp¢cl'. accoiinling COrdS wer¢ not kept in accordaDce witli seclion 130 olthe Cliarities Act- or the accounls do not accord i%ith the afjcountino records. or the accounts did not comply with the applicable r¢quirements concerning th¢ fortu Ejnd contcnt of accoullts set out in the Charities {Accounts and Reports) Regulations 2008 otlier tlian any requirement Ibat the accounts giv¢ a 'ttrut and faif, view whicb is not & matter COllsider¢d as part of indepelldent exalaoll. I have no con¢crn$ and have come aosS no other matters in corhnection with the exatnination to which attention sliould b¢ drawu in this report in order to eA8ble a pioper lderStanding of the accounts to be reache(L Alatk L¢ Forl Winterton Hoiise Higli Street Westerham TN16 IAQ Dale 41h May 2023 13
Independent examiner's report on the accounts
| Section A Independent Examiner’s Report |
Section A Independent Examiner’s Report |
|---|---|
| Report to the trustees On accounts for the year ended Set out on pages Responsibilities and basis of report |
Charity Name Charity no (if any) (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year endedDD / MM / YYYY. As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). FIVEWAYS PLAYCENTRE 31st AUGUST 2022 1131820 1 and 2 31/08/2022 |
I 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, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.
I have completed my examination. I confirm that no material matters have 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:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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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’ v iew which is not a matter considered as part of an independent examination.
I 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.
- Please delete the words in the brackets if they do not apply.
| Signed: Name: Relevant professional qualification(s) or body |
Date: | |
|---|---|---|
| 04/05/2023 | ||
| Alan Le Fort | ||
| Institute of Chartered Accountants in England and Wales |
Oct 2018
1
IER
(if any):
Address:
Winterton House High Street Westerham TN16 1AQ
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 .
Oct 2018
2
IER