MORIAH BAwrIsr CHURCH PRE.SCHOOL PLAYGROUP Report of the Trustees and Finanaal Statements for the Period Ended 31 March 2024 REGISTERED CHARtrY NUMBER: 1143784 MORIAH BAVtIsr Q4URCH PRE.SCHOOL PIAYGROUP PERIOD ENDED 31 MARCH 2024 on Referen￿ and Administralion Trustees Annual Report Independent Examiners Report ststement of R￿ipts and paym￿ts Statement (rf assets and liabilities Notes to ￿nancIal Statema MORIAH BAPTIsf CHURCH PRE.S040X PLAYGROUP REFEREN￿ AND ADMINisfRATION DEfAILS PERIOD ENDED 31 MARCH 2024 Principal address Tredegar Street Risca NPII 6BU Truste D Strong L Strong S Ware D M ()Nen J Reynolds Independent examiner Kevin Ian Coultsrd BA (Hons) Business & Finance. ACCA (plq) 23 Rhyswg Road Abercam Newport NPII 5HB Page I MORTAH BAVtIsr CHURCH PRE-SCHOOL PLAYGROUP TRU￿ES, REPORT PERIOD ENDED 31 MARCH 2024 The Trustees have pleasure in presenting their report t(Wher with the receipts and payments of the Charity for the period ending 31 Marth 2024 srRUCTURE, GOVERNANCE AND 14ANAGEMEKr The charity is controlled by its goveming document and a deed of trust whith can be reviewed on request. The charity is organised, and wlicy implemented through the board of tsustees who nornially meet On￿ a scholastic telln. Election to the Board Trustees are elected by Church members. The chaiity has designed a %Yies of policies to ensure that all risks are addressed, and operation5 managed in an efficient manner. These are regularly revIe￿ed corsidering the changing ststutory env(ronmenL OBJECtIVES AND ACTIvrriES The prinapal purpose of the Pre-school Playgroup is the advan￿ment of education, including spiribjal development, of children below compulsory schod age and the provision of facilities for recreation for such children, in the interest of social wdfare and with the object of improving their conditions of life. To achieve the prinapal obiecbve. the pre-schwl FAaygroup provides for all children without discrimination a safe and satisfying prtrschocA. with a thristian eTrironmenL where Christian beliefs and values are promoted and upheld. This will be in accordan￿ with the rnission of the Churth vthich seeks to provide se￿1￿ to the communty and to w(xnots (hristianty within IL MORIAH BAFfIsr CHUR(>I PRE.SCHOOL PLAYGROUP TRusfEES' REPORT PERIOD ENDED 31 MARCH 2024 ACHIEVEMEKfs AND PERFORMAN We have V￿lcOmed many new thildren into the setting and continu￿1 to provide the same high44uality play, leaming and development opwrtunities for all thctse who attend. We are now a Rying Stsrt setting and have intr(xluced a Friday session. Throughout this last year, we have continued to ￿lde the same high-quallty chlldcare for our local community, while continuing to improve the environment for the benefit of the children. We have seen a change in the thIld￿n'S approach to the setting who now attend in a much calmer way and spend the entire session playing and exploring the new provision. As a setting we continue to fundrai* and ￿ mindful of how we spend the money that comes into the presch￿1. We have alx) Continu￿ to apply for fft to sutvrt [KesCh(￿ running costs and to be good stertarts of the charitys finances. Page 3 MORIAH BAFtIsr CHURCH PRE.SCH(L)L PLAYGROUP TRU￿ES, REPORT PERIOD ENDED 31 MARCH 2024 FINANCIAL REVIEW Totsl operating incoming resour￿ for the period were ￿99￿3 The charity recorded net profft of £695.76. Statement of policy on reserves The trustees are satisfied they have suffiaent reserves at the Ststement of Assets date, together with ongoing income anticipated, to enable the charity to function effectively in the coming year, Further financial review detalls The financial results for the ￿rI[KI, tcMJether with a summary of accounting p(aiaes adopted, are set out in the accompanying ￿nanCIal Statem￿. Attendan￿ levels have been very with virtually all session Spa￿ filled. It is very not]￿ble how our 'catchment area, has extended with Y* paying. children attending frnm Cross Ke￿, Abercam, Newport and Rogerstone. A maximum of 19 ￿ payin￿ children now attend on a regular basis. All staff are paid in line with cu￿ent Govemment'lmng wage, directives. Numbers ratios for (Sickness and approved holida￿) are maintsined by the use of 2 temporary (non- contracted) stsff members as the need arises. A £IOOO support grant is received from Moriah Baptist ￿Urch at the Commen￿Ment of each Scholastic year. This 'offsets' the payment of Stsff holiday periLxts where no income from fees is provided (39 weeks terni time plLS 5.6 weeks holiday) Page 4 CHARITY COMMISSION FOR ENGLAND AND WALES Irthpendent examinerfs report on the accounts Section A Sndependent Examiner's Report 31" Pknh 2024 1143784 (If any) Set oirt on pages I fewt fo ts trithes on my examirbatm of th8 accounts of the above ctkirity fihe TnJsf) for the year erthd 31103r2024. Responslbllllies and As the tharftylrustees of Tnist. you are reSp￿￿￿]e for preparatM)n basls of report of Ihe aco)unts n a￿ordanCe with the requIreM￿ts ofthe CPAfii*s Act 2011 fftA uThJersediM 145 of the 2011 Act arxl in Ca>r￿ out my eyaminatson, I r seclicm 145(5Xb) of ts A Independent examinerfs statemert oxne to my attenlKm in *ith the examinatm Yknich grrfes me cause to believe Ihat in. any Mat￿la1 a￿)UntIng w￿e not rA a1xordan￿ wfth sedion 130 of the Act or I have ￿ c￿cernS have come &r05s no olher matters in connection ith If* e￿inatIOn to *l)ich attenliM shc¥Jld b8 drawn wi order to enable a RelwAnt pr￿$10￿1 qualification(s) or body (If any): BA (H￿s} &Airess & Ftr￿n ACCA ￿q> Address: 23 Rhyw Road Abercam Nvwport NP115HB Page 5 MORIAH B>Jry15T QIURCH PRE.SCH(XX PLAIERAXIP YEAR ENDED 31 MAROI 2024 RE￿IP7S AND PAYMEP4TS ACQ)UNT 2024 INCOME Fees Grat7ts Fundrèislng Trips & vTrstts Sundries 37,758.¢J) I,(MJo.(KJ 29.331.9) .( 502.50 15233 38,99Q83 48.834.40 Investment Income De[￿￿E Acccwjnt Interest TOTAL RECEIPTS 38334A3 48￿￿.40 PAY74*Wts Wages Card 0￿ryes Petty Cash ResoUr￿S F(KJd Prov7siorks Trips & Postsge & ststionary Insuran Bond Refund Repairslmaintenan Trainirg Sundrie5 31.128.C 29371.28 243.82 iO.(KJ 1.136A9 655.83 19,435.26 387.xj 31S5 390.17 581. 22.tKI 629.65 1.144. 102.72 3fA). L069.18 TOTAL PAYP 38299￿7 SL550￿8 . RELATED PARTY DISCLOSURES mott*r.in-law c* Laura ￿ was paid £nil to asslst In preparation of lthe accountlr¥J Intsmation. Page 8