## **Cheeky Monkeys Play Group**
**Charity No. 1139852**
**Trustees' Report and Unaudited Accounts**
**31 August 2020**
**Cheeky Monkeys Play Group Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2 to 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5 to 6|
|Balance Sheet|7|
|Statement of Cash flows|13|
|Notes to the Accounts|8 to 12|
|Detailed Statement of Financial Activities|14 to 15|
Page 1
**Cheeky Monkeys Play Group Trustees Annual Report**
The Trustees present their report with the unaudited financial statements of the charity for the year ended 31 August 2020.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1139852**
## **Principal Office**
c/o Westfield Community Primary School Askham Lane Acomb YO24 3HP
## **Trustees**
The following Trustees served during the year:
H. Adie M. Galloway S. Littlechild J. Pavif E.L. Thompson R.S. Walker
## **Accountants**
Mollan & Co Accountants Ltd Holtby Manor Stamford Bridge Road Dunnington York YO19 5LL
## **OBJECTIVES AND ACTIVITIES**
To Offer quality childcare for children from the age of 2 years in a safe stimulating environment with highly trained members of staff.
The setting offers government funded spaces for 2 year olds if the family meet certain criteria. 15 hours funding is available for all 3 to 4 year olds with additional 15 hours funding for eligible families.
## **ACHIEVEMENTS AND PERFORMANCE**
The setting gained an outstanding rating from Ofsted in June 2015 which enables the setting to offer funded places for children (setting must be good or above to offer funded places). The setting has moved to within the school they are housed which allows them to offer more places for children and their families. By offering funded places for 2 year olds the setting has found they are able to make a greater impact on the child's development from their young age. With regards to early intervention, if there is a concern over a childs development the setting is able to get extra support at an early stage. This enables each child to reach their full potential. the setting has a substantial waiting list which see a steady flow of children gaining access to the setting
Page 2
**Cheeky Monkeys Play Group Trustees Annual Report**
## **FINANCIAL REVIEW**
The organisation has a healthy bank balance and no outstanding debtors
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Type of governing document - Constitution
All trustees are voted on to the committe and also for the positon they hold
## **Statement of trustees' responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
E.L. Thompson Trustee 31 August 2020
Page 3
**Cheeky Monkeys Play Group Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Cheeky Monkeys Play Group**
I report to the trustees on my examination of the accounts of Cheeky Monkeys Play Group for the year ended 31 August 2020 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes.
## **Responsibilities and basis of report**
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'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
I report in respect of my examination of the charity'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 examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the accounts do not accord with those records; or
- 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' view 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.
Dr R J S Mollan
Institute of Financial Accountants (IFA) Mollan & Co Accountants Ltd
Holtby Manor Stamford Bridge Road Dunnington York YO19 5LL 31 August 2020
Page 4
**Cheeky Monkeys Play Group Statement of Financial Activities**
## **for the year ended 31 August 2020**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
Charitable activities
4
Investments
5
**Total**
**Expenditure on:**
Other
6
**Total**
Net gains on investments
**Net (expenditure)/income**
Transfers between funds
**Net (expenditure)/income**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2020**
**£**
-
85,587
10|**Total funds**
**2020**
**£**
-
85,587
10|**Total funds**
**2019**
**£**
2
87,267
11|
|---|---|---|---|
||85,597
96,602|85,597
96,602|87,280
83,748|
||96,602
-|96,602
-|83,748
-|
||(11,005)
-|(11,005)
-|3,532
-|
||(11,005)|(11,005)|3,532|
||(11,005)
80,975|(11,005)
80,975|3,532
77,443|
||69,970|69,970|80,975|
Page 5
**Cheeky Monkeys Play Group Balance Sheet**
**at 31 August 2020**
|**Charity No. 1139852**
**Fixed assets**
Tangible assets
**Current assets**
Debtors
8
Cash at bank and in hand
**Creditors:**Amount falling due within one year
9
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
10
**Unrestricted funds**
10
General funds
**Reserves**
10
**Total funds**|**2020**
**£**
-
591
69,448
70,039
(69)
69,970
69,970
69,970
69,970
69,970
69,970
69,970|**2019**
**£**
-
-
81,701|
|---|---|---|
|||81,701
(726)|
|||80,975
80,975|
|||80,975|
|||80,975|
|||80,975|
|||80,975|
|||80,975|
Approved by the trustees on 31 August 2020
And signed on their behalf by:
E.L. Thompson Trustee 31 August 2020
Page 6
**Cheeky Monkeys Play Group Notes to the Accounts**
## **for the year ended 31 August 2020**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the income charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in legacies the the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
- Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market revaluation of fixed value at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 7
**Cheeky Monkeys Play Group Notes to the Accounts**
## **Expenditure**
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, raising funds fundraising trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities charitable activities and services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.
Page 8
**Cheeky Monkeys Play Group Notes to the Accounts**
## 2 **Statement of Financial Activities - prior year**
|2
**Statement of Financial Activities - prior year**|||
|---|---|---|
|**Income and endowments from:**
Donations and legacies
Charitable activities
Investments
**Total**
**Expenditure on:**
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Income from donations and legacies**|**Unrestricted**
**funds**
**2019**
**£**
2
87,267
11
87,280
83,748
83,748
3,532
3,532
3,532
77,443
80,975
**Total**
**2020**
**£**
-
-|**Total funds**
**2019**
**£**
2
87,267
11|
|||87,280
83,748|
|||83,748|
|||3,532|
|||3,532|
|||3,532
77,443|
|||80,975|
|||**Total**
**2019**
**£**
2|
|||2|
|4
**Income from charitable activities**|**Unrestricted**
**£**|**Total**
**2020**
**£**
85,587
85,587|**Total**
**2019**
**£**
87,267|
|---|---|---|---|
||85,587|||
||85,587||87,267|
Page 9
**Cheeky Monkeys Play Group Notes to the Accounts**
## 5 **Income from investments**
|6
**Other expenditure**
Employee costs
Premises costs
General administrative costs
Legal and professional costs
7
**Staff costs**
Salaries and wages
Pension costs
No employee received emoluments in excess of £60,000.
8
**Debtors**
Other debtors
9
**Creditors:**
amounts falling due within one year
Trade creditors
Other taxes and social security|**Unrestricted**
**£**
10|**Total**
**2020**
**£**
10
10
**Total**
**2020**
**£**
73,341
19,290
2,450
1,521
96,602|**Total**
**2019**
**£**
11|
|---|---|---|---|
||10||11|
||**Unrestricted**
**£**
73,341
19,290
2,450
1,521||**Total**
**2019**
**£**
62,890
16,546
2,874
1,438|
||96,602||83,748|
||70,631
950||60,846
1,550|
||71,581||62,396|
||**2020**
**£**
591||**2019**
**£**
-|
||591||-|
||**2020**
**£**
69
-||**2019**
**£**
87
639|
||69||726|
Page 10
**Cheeky Monkeys Play Group Notes to the Accounts**
## 10 **Movement in funds**
|**At 1**
**Septembe**
**r 2019**
**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**Resources**
**expended**
**£**
**£**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
80,975
85,597
(96,602)
**Revaluation Reserves:**
**Total funds**
80,975
85,597
(96,602)
11 **Analysis of net assets between funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**£**
**£**
Net current assets
3,368
66,602
3,368
66,602
12 **Commitments**
**_Operating lease commitments_**
Annual commitments under non-cancellable operating leases are as follows:
**2020**
**2020**
**2019**
**Land and**
**buildings**
**Other**
**Land and**
**buildings**
**£**
**£**
**£**
Operating leases with expiry date:
**_Pension commitments_**
**2020**
**£**
The pension cost charge to the charity
amounted to:
950|**At 31**
**August**
**2020**
**£**
69,970|
|---|---|
||69,970|
||**Total**
**£**
69,970|
||69,970|
||**2019**
**Other**
**£**
**2019**
**£**
1,550|
Page 11
**Cheeky Monkeys Play Group Detailed Statement of Financial Activities**
## **for the year ended 31 August 2020**
|**Income and endowments from:**
Donations and legacies
Charitable activities
Investments
**Total income and endowments**
**Expenditure on:**
Employee costs
Salaries/wages
Pension costs
Staff training
Premises costs
Rent
Rates
Premises cleaning
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Information and publications
Postage and couriers
Software, IT support and related
costs
Stationery and printing
Subscriptions
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees
**Total of expenditure of other costs**|**Unrestricted**
**funds**
**2020**
**£**
-
-
85,587
85,587
10
10
85,597
70,631
950
1,760
73,341
2,800
707
270
15,513
19,290
155
65
30
476
820
904
2,450
1,521
1,521
96,602|**Total funds**
**2020**
**£**
-
-
85,587
85,587
10
10
85,597
70,631
950
1,760
73,341
2,800
707
270
15,513
19,290
155
65
30
476
820
904
2,450
1,521
1,521
96,602|**Total funds**
**2019**
**£**
2|
|---|---|---|---|
||||2|
||||87,267|
||||87,267|
||||11|
||||11|
||||87,280
60,846
1,550
494|
||||62,890|
||||4,319
-
-
12,227|
||||16,546|
||||719
35
253
505
1,104
258|
||||2,874|
||||1,438|
||||1,438|
|||||
||||83,748|
Page 12
**Cheeky Monkeys Play Group Detailed Statement of Financial Activities**
|**Total expenditure**
Net gains on investments
**Net (expenditure)/income**
**Net (expenditure)/income before**
**other gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|80,975
69,970|-
-|96,602
-
(11,005)
(11,005)
-
(11,005)
-
-|96,602
-
(11,005)
(11,005)
-
(11,005)
80,975
69,970|83,748
-|
|---|---|---|---|---|---|
||||||3,532|
||||||3,532
-|
||||||3,532|
||||||77,443|
||||||80,975|
Page 13