REGISTERED COMPANY NUMBER: 07368281 IEngland and Wales REGISTERED CHARITY NUMBER: 1138168 REPORT OF THE TRUSTEES AND UNAUDITED HNANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 FOR JEFFREYSTON PLAYSTATION Bevan Buckland LLP Chartered Accountants Castle Chambers 6 Westgate Hill Pembroke Pembrokeshire SA714LB
JEFFREYSTON PLAYSTATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Page Report of the Trustees 1 to 2 Independent ExamlnoVs Report Statement of Financial Activities Balance Sheet Notes to the Flnancial Statements 6 to 10 Dotsllfrd Statement of Flnancial Activities 11
JEFFREYSTON PLAYSTATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006. present their report with the financial statements of the charity for the year ended 31 August 2024. The truslees have adopted the provisions of Accounting and Reporting by Charities.. Statemenl of Recommended Practs'ce applicable lo charities preparing their accounts in accordance Imth the Financial ReportiThJ Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims To enhance the development and education of children by". A} Encouraging parents to understand and provide for the needs of their children Bl Provide safe, high quality group play in which parents have the nght to tske part C) Encouraging other charitable activities through which parents may help the childn D) Furthering the aim of the Wales Pre-school Playgroups Association Slgnincant activities - Mother & Toddler Group frcffn birth to 3 Playgroup for children aged 2 to 4 Holiday Club for children aged 3 to 11 After School Club for children aged 3 to 11 These clubs are open to all children resjdent within the local area and fees are kept as low as possible in order to make attendance affordable. We confirm the trustees have had regard to the Charity Commission's guidance on public benefit. ACHIEVEMENT AND PERFORMANCE Charitable activities We keep fees as low as possible. We also offer discourrts where parents have more than one Child at Holiday Club. The Care and Soci81 Sermces Inspedorate Wales {CSSIW) ensure that the semces we provide meet the standards Ihat the public expects. They are responsible for regu12ting day care services for children under Ihe age of 8 years. The latest inspection was in June 2024. The report is available online at http=Ilcssiw.org.uk. FINANCIAL REVIEW The Charity has a Financial Management Policy which meets the reqU1MentS of the Charities Act 2006, the Charity Commission guidelines "Intemal Financial Controls for Charrties" and "Accounting and Reporting by Charikn'es.. Statement of Recommended Practise (Revised 2005)". The Company is currently operats'ng with one fund. The General Fund is unrestricted and is used for the day-to-day opera:ion of the Company. Reserves are held without any exposure to the stock market. At 315t August 2024 the General Fund had a balan of £8,018. Financial Perfornian¢e Financial performance in the year to 31 st August 2024 has been broadly consistent wth the directors, forecasts and expectations_ Net deficit for the year was £4.994 {2023 £2.607}. The charity continues to be in sound financial health with a healthy reserve_ STRUCTURE. GOVERNANCE AND MANAGEMENT Governing do¢ument The charity is conlrolled by rts goveming document, a deed of Irust and consts'tutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Jeffreyston Playstation is a private company limited by guarantee and govemed by a constitution adopted in September 2010. It is also a registered CharTty govemed by the Accounts"ng & Reporting by Chares.. Statement of Recommended Practise (the Charities SORP) issued in March 2005. REFERENCE AND ADMINISTIiATIVE DETAILS Registered Company number 07368281 (England and Wales> Registered Charity numb&r 1138168 Page 1
JEFFREYSTON PLAYSTATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 Regislored office New House Farm Canaston Bridge Narberth Pembrokeshire SA67 8DE Trustees R Lewis Chair Mrs E Ralcliffe Secretary (resigned 7.9.23) Mrs M Williams Treasurer Mrs S J Davies (resigned 7.9.23) D H Merrirnan Miss F A Morton (appointed 7.9.23) Company Secretary Independent Examiner Bevan Buckland LLP Chartered Accountants Castle Chambers 6 Westgate Hill Pembroke Pembrokeshire SA714LB Place of Business St Oswalds Community Centre The Rectory Field Jeffreyston Pembrokeshire SA68 OSG Zo-£-_zr Approved by order ofthe board oftrustees on.........--.. and signed on its behalf by.. R Lews- Trustee Page 2
INDEPENDENT EXAMINER% REPORT TO THE TRUSTEES OF JEFFREYSTON PLAYSTATION Independent examlnerfs report to the trustees of Jeffteyston Playstation ('the Compaw) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2024. Responsibilities and basis of report As the chaty's trustees of the Company (and also its diredors for Ihe purposes of company lawl you are responsible for the preparation of the accounts in accordance Ihe requirements of the Companies Ad 2006 {'the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examinah"on. I report in respect of my examination of your charity's accounts as carried out under Section 145 of the chartb.es Act 2011 ('the 2011 Act.). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) {b) of the 2011 Act. Independent examinerf8 8tatement I have completed my examination. I confirm that no matters ha¥e come to my attention in connection with Ihe examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act, or the accounts do not accord wth those records- or the account5 do not comply with the accounb.ng requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair vW which is not a Matter considered as part of an independent examination", or the accounts have not been prepared in accordance with the methods and principles of the Slalement of R8commended praCte for accounting and reporting by charities lappltcable to charities preparing their accounts in accordanc£ WFth the Financial RekKlrting Standard applicable in the UK and Republic of Ireland IFRS 102)). I have no concems and have come across no other matters in connecb'on with the examination to which attention should be drawn in this report in order to enable a proper understanding of the acwunls to be reached. Caroline Wheeler Bevan Bu¢kland LLP Chartered Accountants Castle Chambers 6 We5tgate Hill Pembroke Pembrokeshire SA714LB Date_. ............................................. Page 3
JEFFREYSTON PLAYSTATION STATEMEKf OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 AUGUST 2024 2024 Total ftjnds 2023 Total funds Unrestricted fund Restricted nd Notes INCOME AND ENDOWMENTS FROM Donations and legacies 14.250 14.250 1.662 Other trading activities Investment income 51,566 3.070 51,566 3,070 45,327 3,420 Total 54,636 14.250 68,886 50,409 EXPENDITURE ON Raising funds 58.949 58,949 52,377 Olher 681 14,250 14,931 639 Total 59.630 14.250 73,880 53,016 NET INCOMEIIEXPENDITURE) {4.994) 14,994) (2,607) RECONCILIATION OF FUNDS Total funds brought forward 19.308 19,308 21,915 TOTAL FUNDS CARRIED FORWARD 14.314 14.314 19,308 The notes fom part of tF*se financial statements Page 4
JEFFREYSTON PLAYSTATION BALANCE SHEET 31 AUGUST 2024 2024 Total fvnds 2023 Total fiJnds Unrestricted fund Restricted fund Note5 FIXED ASSETS Tangible assets 374 374 561 CURRENT ASSETS Debtors Cash at bank 10 6,715 8,018 6.715 8.018 4,410 15,151 14.733 14,733 19,561 CREDITORS Amounts falling due within one year 11 (793) 17931 IB14} NET CURRENT ASSETS 13,940 13,940 18,747 TOTAL ASSETS LESS CURRENT LIABILITIES 14.314 14.314 19.308 NET ASSETS 14,314 14,314 19,308 FUNDS Unrestricted funds 12 14,314 19,308 TOTAL FUNDS 14,314 19,308 The charitable ¢ompany is entitled to exemption from audit under Seclion 477 of the Companies Act 2006 for the year ended 31 August 2024. The members have not required the company to obtain an audit of Its financial statements for the year ended 31 August 2024 in a¢cordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for la) ensuring that the charitable company keeps accounting records that comply wth Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 3g4 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relats-ng to financial statements. so far as applicable to the charitable company. Ib) These financial statements have been prepared in accordano th the provisions applicable to charitable companies Subject to the small companies re9ime. The financial statements Vre approved by the Board of Trustees and authorised for i55ue 20..- 4- s.. ............. and were signed on its tehalf by.. on R Lewis - Trustee The notes form part of these financial ststements Page S
JEFFREYSTON PLAYSTATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POLICIES Basis of preparlng the financial ststements The financial statements of the charitable company. which is a public benefit ents.ty under FRS 102, have been prepared in accordance the charitr.es SORP {FRS 102) 'Accounting and Reporting by Chariti"es'. Statement of Recommended Practice applicable to ch8rities preparing their accounts in accordance with the Financial Reporbng Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 2019),. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Companies Acl 2006. The financial statements have been prepared under the histoiical cost convention. Income All income is recognised in the Statement of Financial ActiMties On the charity has entitlement to the fijnds, it is probable thal the income will be received and the amount can be measured rèliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or construth've obligation committing the charity to that expenditure. il is probable that 2 transfer of economic benefits will be required in settlement and the amount of the obligation Can be measured reiiably. Expenditure is accounted for on an accruals basi5 and has been classified under headings that aggregate all cost related lo the category. Where costs cannot be directly attributed to parb"cular headings they have been allocated to activities on a basis consislent with the use of resources. Tanglble fixed assets Depreciation is provided at the follo7n9 annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings 20% on ¢ost Taxation The charty is exempt trom corKK*ration tax on its charitable actiwties. Fund a¢¢ounting Unrestricted fund5 can be used in accordan wrth the chaTrtable objecb.ves at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes wthin the objects of the charity. Restrictions arise when specified by the donor or when ftjnds are raised for particular restricted purposes. Further explanation of the nature and puwse of each fund is included in the notes to the ff nancial statements. Pension costs and other postaretirernent benefits The charitable company operates a defined contribution Fension scheme. Contributions payable lo the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Grant income CJRS grant income is recognised at the date rt atises. other revenue grant income is recognised at the date of receipt. DONATIONS AND LEGACIES 2024 2023 Gift aid dOnatn Grants 1.662 14.250 14.250 1,662 Grants recerved, included in the above, are as follows.. 2024 2023 Pembrokeshire County Council 14,250 Page 6 continued...
JEFFREYSTON PLAYSTATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 OTHER TRADING ACTIVITIES 2024 2023 Fees FundraisirwJ 48.771 2,795 45.327 51.566 45,327 INVESTMENT INCOME 2024 2023 Rents received 3.070 3,420 NET INCOMEI{EXPENDrruRE) Net incomel{expenditure) is stated after Chargin{creditingl. 2024 2023 Depreciation - owned assels 187 187 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023. Trustees. expenses There were no trustee5' expenses paKJ for the year ended 31 August 2024 nor for the year ended 31 Augusl 2023. STAFF COSTS The average monthly number of employees during the year was as follows". 2024 10 2023 Employees full and part lime No employees received emoluments in eXsS of£60.000. COMPARATIVES FOR THE STATEMENT OF FINANCiAL AcTIVlEs Unrestricted fvnd Restricted fund Total lunds INCOME AND ENDOWMENTS FROM Donations and legacies 1.662 1,662 other trading actiwties Investment income 45,327 3,420 45,327 3,420 Total 50,409 50,409 EXPENDITURE ON Raising funds 52.377 52,377 Other 639 639 Totsl 53.016 53,016 NET INcoM{EXPENDITuRE 12,607) 12.607) Page 7 continued...
JEFFREYSTON PLAYSTATION NOTES TO THE FINANCIAL STATEmE1s - continued FOR THE YEAR ENDED 31 AUGUST 2024 COMPARATIVES FOR THE STATEMENT OF FINANCiAL ACTIVITIES - contlnved Unrestricted fijr Restricted fund Total funds RECONCILIATION OF FUNDS Tolal funds brought forward 21.915 21,915 TOTAL FUNDS CARRIED FORWARD 19.308 19,308 TANGIBLE FIXED ASSETS Fixtures and fittings COST At 1 September 2023 and 31 August 2024 935 DEPRECIA TION At 1 Seplernber 2023 Charge for year 374 187 At 31 August 2024 561 NET BOOK VALUE At 31 August 2024 374 At 31 August 2023 561 10. DEBTORS: AMouKfs FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors 6.715 4,410 11. CREDITORS: AMOUNTS FALLING DUE V¥ITHIN ONE YEAR 2024 2023 Other credrtors 793 814 12. MOVEMENT IN FUNDS Net movement in funds At 31.8.24 At 1.9.23 Unrestrlcted funds General fund 19.308 {4,994) 14.314 TOTAL FUNDS 19.308 (4,994} 14,314 Page 8 continued...
JEFFREYSTON PLAYSTATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 12. MOVEMENT IN FUNDS- continued Net movement in funds, induded in the above are as follows". Incoming resour5 Resources expended Movement in funds Unrestricted funds General fund 54.636 159,630) 14,9941 Restricted funds Restricted fund 14,250 (14.250) TOTAL FUNDS 68,886 (73,880) (4,994} Comparatives for movement in funds Net movement in funds At 31.8.23 At 1.9.22 Unrestricted funds General fund 21.915 12,6071 19.308 TOTAL FUNDS 21.915 (2.6071 19,308 Comparative net movement in funds, induded in the above are as follows.. Incoming resources Resources expended Movement in fund5 Unrestricted funds General fund 50,409 153,016) 12.6071 TOTAL FUNDS 50.409 (53,016} 12,607) A current year 12 months and prior year 12 months combined position is as follows.. Net movement in fvnds Al 31.8.24 At 1.9.22 Unrestricted funds General fund 21.915 {7,601) 14,314 TOTAL FUNDS 21,915 17,601) 14,314 Page 9 ontinued...
JEFFREYSTON PLAYSTATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024 12. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in fijnds, includ8d in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 105.045 1112,6461 {7,601) Restrl¢led funds Reslricted fund 14,250 114,250} TOTAL FUNDS 119.295 {126,8961 17,601 } 13. RELATED PARTY DISCLOSURES During the period under review the charity made m4or repairs to the roof of the community hall. The work was carried out by M Lewis. a self employed builder and the son of R M Lewis, a trustee. All work carried out was finanrEd by a Pembrokeshire County Council grant and all paents were approved before they were made. No amounts were outstanding at the year end. Page 10
JEFFREYSTON PLAYSTATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Gift aid donation Grants 1,662 14,250 14,250 1,662 Other trading activities Fees Fundraising 48.771 2,795 45.327 51,566 45,327 Investment Income Rents received 3,070 3,420 Total Incomlng resources 68.886 50.409 EXPENDITURE Raising donations and legacies Wages Pensions Rent Insuran Telephone Postage and stationery Sundries Subscriptions Training Toys, arts and craft materials Entertainment Repairs and maintenance 45,650 1,399 7,200 743 112 394 1,098 90 212 1.212 41,872 952 5,640 745 203 2,280 60 472 153 839 58,949 52,377 Support costs Support Costs Propety repairs Accountancy and legal fees Legal fees Fixtures and fittings 14,250 336 158 187 318 134 187 14,931 639 Total reSouS expended 73,880 53,016 Net expenditure (4,9941 12,6071 This page does not fom) part of the statutory financial staternents Page 11