**REGISTERED CHARITY NUMBER: 1145082**
## **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 FOR EMLEY PLAYSCHOOL**
Harrison & Co Chartered Accountants 531 Denby Dale Road West Calder Grove Wakefield West Yorkshire WF4 3ND
**EMLEY PLAYSCHOOL**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021**
||Page|
|---|---|
|Report of the Trustees|1 to 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7 to 11|
|Detailed Statement of Financial Activities|12 to 13|
**EMLEY PLAYSCHOOL**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021**
The trustees present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1145082
## **Principal address**
Emley Methodist Church Hall Emley Huddersfield West Yorkshire HD8 9RP
## **Trustees**
J Bacon H Sturdy K Sutton - resigned 22.6.21 C Houlihan - resigned 22.6.21 K Morris B Whitehead - resigned 19.10.21 Z Henley - appointed 21.10.20 - resigned 19.10.21 S Hubert - resigned 19.10.21 R Wray - resigned 19.10.21 K Gravells - resigned 22.6.21 L Burton - appointed 19.10.21 N Furness - appointed 19.10.21 I Emmerson - appointed 22.6.21 J Nannar - appointed 22.6.21 L Nicholls - appointed 22.6.21
## **Independent examiner**
Mr M J Stead FMAAT Harrison & Co Chartered Accountants 531 Denby Dale Road West Calder Grove Wakefield West Yorkshire WF4 3ND
## **Bankers**
Barclays Bank Plc 17 The Market Place Huddersfield West Yorkshire HD1 2AB
Page 1
**EMLEY PLAYSCHOOL**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The overall management and control of the playschool will rest with the individual members of the playschools management committee. As well as being responsible for the management of the playschool the committee members are also charity trustees of the playschool.
The aims of the playschool are to enhance the development and education of the children under statutory school age by encouraging parents to understand and provide for the needs of their children community groups.
Subject to the provisions of the Charities Acts, every member of the committee shall be indemnified out of the assets of the Pre-school against any liability incurred by him/her in defending any proceedings, whether civil or criminal, in which judgement is given in his/her favour in which he/she is acquitted or in connection with any application in which relief is granted to him/her by the court from liability or negligence, default, breach of duty or breach of trust in relation to the affairs of the pre-school.
## **Recruitment and appointment of new trustees**
The trustees of the charity are appointed by the members at the AGM. At every general meeting one third of the trustees shall retire from office and may offer themselves for re-election by the members.
## **Wider network**
The aims of the playschool are to enhance the development and education of the children under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:
(a) Offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability:
(b) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas:
(c) Instigating and adhering to and furthering the aims and objects of the Pre-school Learning Alliance. The
## Charities main activities
a) To provide high quality care and education for children below statutory school age, in a safe, secure and stimulating environment.
b) To work in partnership with parents to help children learn and develop.
c) To add to the life and well-being of the local community.
d) To offer children and their parents a service that promotes equality and values diversity.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **OBJECTIVES AND ACTIVITIES**
## **Public benefit**
We are set up to advance the education of pre-school children in or local village and the surrounding areas.
## **ACHIEVEMENT AND PERFORMANCE**
## **Internal and external factors**
Staff member have continued with their professional development through the range of courses and qualifications, and the committee are pleased to support this where possible.
We have received ongoing support from the Methodist Church
## **FINANCIAL REVIEW**
## **Reserves policy**
The net profit for the year was £3,201 (2020 £5,463) on unrestricted funds.
The charities free reserves, excluding fixed assets, restricted and designated funds at the year-end were £35,753 The trustees have adopted a reserves policy for Designated and Restricted funds, it was agreed at the committee meeting in May 2012 that Emley Playschool would maintain a reserve of three months operating expenditure due to the rural location of the setting and the unpredictable nature of birth rates.
Page 2
**EMLEY PLAYSCHOOL**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021**
Approved by order of the board of trustees on 19 October 2021 and signed on its behalf by:
I Emmerson - Trustee
Page 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EMLEY PLAYSCHOOL**
I report on the accounts for the year ended 31 August 2021, which are set out on pages five to eleven.
## **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').
I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the 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.
My role is to state whether any material matters have come to my attention giving me cause to believe:
1. that accounting records were not kept as required by section 130 of the Act; or
2. that the accounts do not accord with those records; or
3. that the accounts do not comply with the accounting requirements of the Act; or
4. that there is further information needed for a proper understanding of the accounts.
## **Independent examiner's statement**
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.
Mr M J Stead FMAAT Harrison & Co Chartered Accountants 531 Denby Dale Road West Calder Grove Wakefield West Yorkshire WF4 3ND
20 October 2021
Page 4
## **EMLEY PLAYSCHOOL**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021**
|Unrestricted
Restricted
fund
funds
Notes
£
£
**INCOMING RESOURCES**
**Incoming resources from generated funds**
Activities for generating funds
2
62,727
-
Investment income
3
19
-
**Other incoming resources**
11
-
**Total incoming resources**
62,757
-
**RESOURCES EXPENDED**
**Costs of generating funds**
Costs of generating voluntary income
4
57,062
-
Fundraising trading: cost of goods sold and other
costs
1,408
-
**Other resources expended**
1,086
-
**Total resources expended**
59,556
-
**NET INCOMING RESOURCES**
3,201
-
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
32,934
14,284
**TOTAL FUNDS CARRIED FORWARD**
36,135
14,284|2021
Total
funds
£
62,727
19
11
62,757
57,062
1,408
1,086
59,556
3,201
47,218
50,419|2020
Total
funds
£
57,609
57
-|
|---|---|---|
|||57,666
49,934
781
1,488|
|||52,203|
|||5,463
41,755|
|||47,218|
The notes form part of these financial statements
Page 5
## **EMLEY PLAYSCHOOL**
## **BALANCE SHEET AT 31 AUGUST 2021**
|Unrestricted
Restricted
fund
funds
Notes
£
£
**FIXED ASSETS**
Tangible assets
7
382
-
**CURRENT ASSETS**
Debtors
8
368
-
Cash at bank and in hand
35,424
14,632
35,792
14,632
**CREDITORS**
Amounts falling due within one year
9
(39)
(348)
**NET CURRENT ASSETS**
35,753
14,284
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
36,135
14,284
**NET ASSETS**
36,135
14,284
**FUNDS**
10
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|2021
Total
funds
£
382
368
50,056
50,424
(387)
50,037
50,419
50,419
36,135
14,284
50,419|2020
Total
funds
£
382
730
46,325
47,055
(219)
46,836
47,218
47,218
32,934
14,284
47,218|
|---|---|---|
The financial statements were approved by the Board of Trustees on 19 October 2021 and were signed on its behalf by:
I Emmerson -Trustee
H Sturdy -Trustee
The notes form part of these financial statements
Page 6
**EMLEY PLAYSCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2021**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
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.
|Freehold property|- 33% on cost|
|---|---|
|Computer equipment|- 33% on cost|
## **Taxation**
The charity is exempt from 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 charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. ACTIVITIES FOR GENERATING FUNDS**
|Fees received - Invoiced
Lunch club fees
Fundraising receipts
Sale of fleeces and sweatshirt
Nursery education funding
Access funding
Snack food income
HMRC Job Retention Scheme
Covid grant received|2021
£
11,292
3,035
254
28
47,218
-
150
-
750
62,727|2020
£
4,463
1,637
711
41
43,732
3,881
100
3,044
-|
|---|---|---|
|||57,609|
Page 7
**EMLEY PLAYSCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2021**
## **3. INVESTMENT INCOME**
|Deposit account interest
**COSTS OF GENERATING VOLUNTARY INCOME**
Staff costs
Rent
Insurance and subscriptions
Postage and stationery
Travelling allowance
Sweatshirts purchased
Support costs|2021
£
19
2021
£
49,148
5,983
653
342
-
253
683
57,062|2020
£
57
2020
£
45,331
3,638
742
209
14
-
-|
|---|---|---|
|||49,934|
## **4. COSTS OF GENERATING VOLUNTARY INCOME**
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020 .
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020 .
## **6. STAFF COSTS**
|Wages and salaries
Other pension costs|2021
£
48,907
241
49,148|2020
£
45,114
217|
|---|---|---|
|||45,331|
The average monthly number of employees during the year was as follows:
|2021|2020|
|---|---|
|5|5|
No employees received emoluments in excess of £60,000.
Page 8
## **EMLEY PLAYSCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2021**
## **7. TANGIBLE FIXED ASSETS**
|Freehold
Plant and
Computer
property
machinery
equipment
£
£
£
**COST**
At 1 September 2020 and 31 August 2021
1,520
380
1,420
**DEPRECIATION**
At 1 September 2020 and 31 August 2021
1,519
-
1,419
**NET BOOK VALUE**
At 31 August 2021
1
380
1
At 31 August 2020
1
380
1
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2021
£
Trade debtors
368
Other debtors
-
368
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2021
£
Trade creditors
348
Taxation and social security
39
387
**10.**
**MOVEMENT IN FUNDS**
Net movement
At 1.9.20
in funds
At
£
£
**Unrestricted funds**
General fund
32,934
3,201
**Restricted funds**
Designated Funds
3,342
-
Restricted Funds
10,942
-
14,284
-
**TOTAL FUNDS**
47,218
3,201|Totals
£
3,320
2,938
382
382
2020
£
78
652
730
2020
£
348
(129)
219
31.8.21
£
36,135
3,342
10,942
14,284
50,419|
|---|---|
Page 9
## **EMLEY PLAYSCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2021**
## **10. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|||Incoming|Incoming|Resources||Movement in|
|---|---|---|---|---|---|---|
|||resources||expended||funds|
||||£|£||£|
|**Unrestricted funds**|||||||
|General fund||62,757||(59,556)||3,201|
|**TOTAL FUNDS**||62,757||(59,556)||3,201|
|**Comparatives for movement in funds**|||||||
|||Net movement||Transfers|||
||At 1.9.19|in|funds|between funds||At 31.8.20|
||£||£|£||£|
|**Unrestricted Funds**|||||||
|General fund|27,580||5,463|(109)||32,934|
|**Restricted Funds**|||||||
|Designated Funds|3,342||-|-||3,342|
|Restricted Funds|10,833||-|109||10,942|
||14,175||-|109||14,284|
|**TOTAL FUNDS**|41,755||5,463|-||47,218|
||||||||
|Comparative net movement in funds, included|in the above are|as follows:|||||
|||Incoming||Resources||Movement in|
|||resources||expended||funds|
||||£|£||£|
|**Unrestricted funds**|||||||
|General fund||57,666||(52,203)||5,463|
|**TOTAL FUNDS**||57,666||(52,203)||5,463|
||||||||
|A current year 12 months and prior year 12 months combined position is as follows:|||||||
|||Net movement||Transfers|||
||At 1.9.19|in|funds|between funds||At 31.8.21|
||£||£|£||£|
|**Unrestricted funds**|||||||
|General fund|27,580||8,664|(109)||36,135|
|**Restricted funds**|||||||
|Designated Funds|3,342||-|-||3,342|
|Restricted Funds|10,833||-|109||10,942|
||14,175||-|109||14,284|
|**TOTAL FUNDS**|41,755||8,664|-||50,419|
Page 10
## **EMLEY PLAYSCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2021**
## **10. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement in|
|---|---|---|---|
||resources|expended|funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|120,423|(111,759)|8,664|
|**TOTAL FUNDS**|120,423|(111,759)|8,664|
## **11. OTHER FINANCIAL COMMITMENTS**
## Designated funds
Included in unrestricted funds is a balance at the year-end of £3,342 (2020 £3,342) that has been designated by the trustees for the purchase of requested resources and contingency payments.
2021 2020
Outdoor equipment replacement 1,000 1,000 Training, laptop upgrade and other resources 2,000 2,000 Emergency Session funding 342 342 ________ ________ 3,342 3,342 ======== =======
## Restricted funds
Reserves to be held (three months of operational expenditure) including redundancy payments based on the 31 August 2021 expenditure amounting to £11,290 (2020 £11,290)..
Page 11
## **EMLEY PLAYSCHOOL**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021**
|**INCOMING RESOURCES**
**Activities for generating funds**
Fees received - Invoiced
Lunch club fees
Fundraising receipts
Sale of fleeces and sweatshirt
Nursery education funding
Access funding
Snack food income
HMRC Job Retention Scheme
Covid grant received
**Investment income**
Deposit account interest
**Other incoming resources**
Donations
**Total incoming resources**
**RESOURCES EXPENDED**
**Costs of generating voluntary income**
Wages
Pensions
Rent
Insurance and subscriptions
Postage and stationery
Travelling allowance
Sweatshirts purchased
**Fundraising trading: cost of goods sold and other costs**
Equipment purchased
Food and snacks
Milk costs
**Other resources expended**
Repairs and renewals
Sundry expenses
Website costs
Professional fees
Training costs
Sage and payroll manager costs
Carried forward|2021
£
11,292
3,035
254
28
47,218
-
150
-
750
62,727
19
11
62,757
48,907
241
5,983
653
342
-
253
56,379
1,131
229
48
1,408
243
60
-
109
153
290
855|2020
£
4,463
1,637
711
41
43,732
3,881
100
3,044
-|
|---|---|---|
|||57,609
57
-|
|||57,666
45,114
217
3,638
742
209
14
-|
|||49,934
561
191
29|
|||781
69
-
14
-
411
323
817|
This page does not form part of the statutory financial statements
Page 12
## **EMLEY PLAYSCHOOL**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021**
|**Other resources expended**
Brought forward
Loyalty rewards
**Support costs**
**Management**
Computer equipment purchases
**Human resources**
Telephone
**Other 4**
Bad debts
**Total resources expended**
**Net income**|2021
£
855
231
1,086
601
-
82
59,556
3,201|2020
£
817
624|
|---|---|---|
|||1,441
-
47
-|
|||52,203|
|||5,463|
This page does not form part of the statutory financial statements
Page 13