**REGISTERED COMPANY NUMBER: 07368281 (England and Wales) REGISTERED CHARITY NUMBER: 1138168** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025** ## **FOR** ## **JEFFREYSTON PLAYSTATION** Bevan Buckland LLP Chartered Accountants Castle Chambers 6 Westgate Hill Pembroke Pembrokeshire SA71 4LB **JEFFREYSTON PLAYSTATION** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025** ||**Page**| |---|---| |**Report of the Trustees**|1 to 2| |**Independent Examiner's Report**|3| |**Statement of Financial Activities**|4| |**Balance Sheet**|5| |**Notes to the Financial Statements**|6 to 11| |**Detailed Statement of Financial Activities**|12| ## **JEFFREYSTON PLAYSTATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025** 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 2025. The trustees have adopted the provisions of 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) (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 B) Provide safe, high quality group play in which parents have the right to take part C) Encouraging other charitable activities through which parents may help the children D) Furthering the aim of the Wales Pre-School Playgroups Association ## **Significant activities** - Mother & Toddler Group from 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 resident 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. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Charitable activities** We keep fees as low as possible. We also offer discounts where parents have more than one child at Holiday Club. The Care and Social Services Inspectorate Wales (CSSIW) ensure that the services we provide meet the standards that the public expects. They are responsible for regulating day care services for children under the age of 8 years. The latest inspection was in June 2024. The report is available online at http://cssiw.org.uk. ## **FINANCIAL REVIEW** The Charity has a Financial Management Policy which meets the requirements of the Charities Act 2006, the Charity Commission guidelines "Internal Financial Controls for Charities" and "Accounting and Reporting by Charities: Statement of Recommended Practise (Revised 2005)". The Company is currently operating with one fund. The General Fund is unrestricted and is used for the day-to-day operation of the Company. Reserves are held without any exposure to the stock market. At 31st August 2025 the General Fund had a balance of £10,056. ## **Financial Performance** Financial performance in the year to 31st August 2025 has been broadly consistent with the directors' forecasts and expectations. Net deficit for the year was £4,861 (2024 £4,994). The charity continues to be in sound financial health with a healthy reserve. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Jeffreyston Playstation is a private company limited by guarantee and governed by a constitution adopted in September 2010. It is also a registered Charity governed by the Accounting & Reporting by Charities: Statement of Recommended Practise (the Charities SORP) issued in March 2005. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 07368281 (England and Wales) Page 1 **JEFFREYSTON PLAYSTATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025** **Registered Charity number** 1138168 ## **Registered office** New House Farm Canaston Bridge Narberth Pembrokeshire SA67 8DE ## **Trustees** R Lewis Chair Mrs M Williams Treasurer D H Merriman (resigned 26.11.25) Miss F A Morton ## **Company Secretary** ## **Independent Examiner** Bevan Buckland LLP Chartered Accountants Castle Chambers 6 Westgate Hill Pembroke Pembrokeshire SA71 4LB ## **Place of Business** St Oswalds Community Centre The Rectory Field Jeffreyston Pembrokeshire SA68 OSG Approved by order of the board of trustees on ............................................. and signed on its behalf by: ................................................................. R Lewis - Trustee Page 2 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JEFFREYSTON PLAYSTATION** ## **Independent examiner's report to the trustees of Jeffreyston Playstation ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 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 examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities 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 examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 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. Caroline Wheeler Bevan Buckland LLP Chartered Accountants Castle Chambers 6 Westgate Hill Pembroke Pembrokeshire SA71 4LB Date: ............................................. Page 3 ## **JEFFREYSTON PLAYSTATION** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025** |Unrestricted
Restricted
fund
fund
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
-
-
Other trading activities
3
50,999
-
Investment income
4
520
-
**Total**
51,519
-
**EXPENDITURE ON**
Raising funds
55,704
-
Other
676
-
**Total**
56,380
-
**NET INCOME/(EXPENDITURE)**
(4,861)
-
**RECONCILIATION OF FUNDS**
Total funds brought forward
14,314
-
**TOTAL FUNDS CARRIED FORWARD**
9,453
-|2025
Total
funds
£
-
50,999
520
51,519
55,704
676
56,380
(4,861)
14,314
9,453|2024
Total
funds
£
14,250
51,566
3,070
68,886
58,949
14,931
73,880
(4,994)
19,308
14,314| |---|---|---| The notes form part of these financial statements Page 4 ## **JEFFREYSTON PLAYSTATION** ## **BALANCE SHEET 31 AUGUST 2025** |Unrestricted
Restricted
fund
fund
Notes
£
£
**FIXED ASSETS**
Tangible assets
9
187
-
**CURRENT ASSETS**
Debtors
10
477
-
Cash at bank
10,056
-
10,533
-
**CREDITORS**
Amounts falling due within one year
11
(1,267)
-
**NET CURRENT ASSETS**
9,266
-
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
9,453
-
**NET ASSETS**
9,453
-
**FUNDS**
12
Unrestricted funds
**TOTAL FUNDS**|2025
Total
funds
£
187
477
10,056
10,533
(1,267)
9,266
9,453
9,453
9,453
9,453|2024
Total
funds
£
374
6,715
8,018
14,733
(793)
13,940
14,314
14,314
14,314
14,314| |---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) 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 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. R Lewis - Trustee The notes form part of these financial statements Page 5 **JEFFREYSTON PLAYSTATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 20% on cost ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to 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 it arises. Other revenue grant income is recognised at the date of receipt. Page 6 continued... ## **JEFFREYSTON PLAYSTATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025** |**2.**
**DONATIONS AND LEGACIES**
Grants
Grants received, included in the above, are as follows:
Pembrokeshire County Council
**3.**
**OTHER TRADING ACTIVITIES**
Fees
Fundraising
**4.**
**INVESTMENT INCOME**
Rents received
**5.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets|2025
£
-
2025
£
-
2025
£
50,939
60
50,999
2025
£
520
2025
£
187|2024
£
14,250
2024
£
14,250
2024
£
48,771
2,795
51,566
2024
£
3,070
2024
£
187| |---|---|---| ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024. Page 7 continued... ## **JEFFREYSTON PLAYSTATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025** ## **7. STAFF COSTS** The average monthly number of employees during the year was as follows: |Employees full and part time
No employees received emoluments in excess of £60,000.
**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
-
Other trading activities
51,566
Investment income
3,070
**Total**
54,636
**EXPENDITURE ON**
Raising funds
58,949
Other
681
**Total**
59,630
**NET INCOME/(EXPENDITURE)**
(4,994)
**RECONCILIATION OF FUNDS**
Total funds brought forward
19,308
**TOTAL FUNDS CARRIED FORWARD**
14,314|2025
9
Restricted
fund
£
14,250
-
-
14,250
-
14,250
14,250
-
-
-|2024
10
Total
funds
£
14,250
51,566
3,070
68,886
58,949
14,931
73,880
(4,994)
19,308
14,314| |---|---|---| Page 8 continued... ## **JEFFREYSTON PLAYSTATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025** ## **9. TANGIBLE FIXED ASSETS** |**9.**|**TANGIBLE FIXED ASSETS**||| |---|---|---|---| ||||Fixtures| ||||and| ||||fittings| ||||£| ||**COST**||| ||At 1 September 2024 and||| ||31 August 2025||935| ||**DEPRECIATION**||| ||At 1 September 2024||561| ||Charge for year||187| ||At 31 August 2025||748| ||**NET BOOK VALUE**||| ||At 31 August 2025||187| ||At 31 August 2024||374| |**10.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| ||Other debtors|2025
£
477|2024
£
6,715| |**11.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| ||Other creditors|2025
£
1,267|2024
£
793| |**12.**|**MOVEMENT IN FUNDS**||| ||**Unrestricted funds**|Net
movement
At 1.9.24
in funds
£
£|At
31.8.25
£| ||General fund|14,314
(4,861)|9,453| ||**TOTAL FUNDS**|14,314
(4,861)|9,453| ||Net movement in funds, included in the above are as follows:||| ||**Unrestricted funds**|Incoming
Resources
resources
expended
£
£|Movement
in funds
£| ||General fund|51,519
(56,380)|(4,861)| ||**TOTAL FUNDS**|51,519
(56,380)|(4,861)| Page 9 continued... ## **JEFFREYSTON PLAYSTATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025** ## **12. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** ||||Net|| |---|---|---|---|---| ||||movement|At| ||At 1.9.23||in funds|31.8.24| |||£|£|£| |**Unrestricted funds**||||| |General fund||19,308|(4,994)|14,314| |**TOTAL FUNDS**||19,308|(4,994)|14,314| |Comparative net movement in funds, included in the above are as follows:||||| |**Unrestricted funds**|Incoming
resources
£||Resources
expended
£|Movement
in funds
£| |General fund||54,636|(59,630)|(4,994)| |**Restricted funds**||||| |Restricted fund||14,250|(14,250)|-| |**TOTAL FUNDS**||68,886|(73,880)|(4,994)| |A current year 12 months and prior year 12 months combined position is as|||follows:|| |**Unrestricted funds**|At 1.9.23
£||Net
movement
in funds
£|At
31.8.25
£| |General fund||19,308|(9,855)|9,453| |**TOTAL FUNDS**||19,308|(9,855)|9,453| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**|Incoming
Resources
resources
expended
£
£|Movement
in funds
£| |---|---|---| |General fund|106,155
(116,010)|(9,855)| |**Restricted funds**||| |Restricted fund|14,250
(14,250)|-| |**TOTAL FUNDS**|120,405
(130,260)|(9,855)| Page 10 continued... **JEFFREYSTON PLAYSTATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025** ## **13. RELATED PARTY DISCLOSURES** During 2024 the charity made major 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 financed by a Pembrokeshire County Council grant and all payments were approved before they were made. No amounts were outstanding at the year end. Page 11 ## **JEFFREYSTON PLAYSTATION** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025** |2025
£
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Grants
-
**Other trading activities**
Fees
50,939
Fundraising
60
50,999
**Investment income**
Rents received
520
**Total incoming resources**
51,519
**EXPENDITURE**
**Raising donations and legacies**
Wages
42,983
Pensions
1,810
Rent
6,900
Insurance
768
Telephone
-
Postage and stationery
181
Sundries
1,512
Subscriptions
277
Training
170
Toys, arts and craft materials
123
Repairs and maintenance
980
55,704
**Support costs**
**Support costs**
Property repairs
-
Accountancy and legal fees
366
Legal fees
123
Fixtures and fittings
187
676
Total resources expended
56,380
**Net expenditure**
(4,861)|2024
£
14,250
48,771
2,795
51,566
3,070
68,886
45,650
1,399
7,200
743
112
394
1,098
90
212
1,212
839
58,949
14,250
336
158
187
14,931
73,880
(4,994)| |---|---| This page does not form part of the statutory financial statements Page 12