**REGISTERED CHARITY NUMBER: 1145082**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **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 2022**
|||**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|to|13|
**EMLEY PLAYSCHOOL**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 August 2022. 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**
## **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 £6,556 (2021 £3,201) 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.
## **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.
Page 1
**EMLEY PLAYSCHOOL**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022**
## **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 Morris B Whitehead (resigned 19.10.21) Z Henley (resigned 19.10.21) S Hubert (resigned 19.10.21) R Wray (resigned 19.10.21) L Burton (appointed 19.10.21) N Furness (appointed 19.10.21) I Emmerson J Nannar (resigned 4.5.22) L Nicholls
## **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
Approved by order of the board of trustees on 17 October 2022 and signed on its behalf by:
I Emmerson - Trustee
Page 2
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EMLEY PLAYSCHOOL**
## **Independent examiner's report to the trustees of Emley Playschool**
I report to the charity trustees on my examination of the accounts of Emley Playschool (the Trust) for the year ended 31 August 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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 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:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do 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.
Mr M J Stead FMAAT Harrison & Co Chartered Accountants 531 Denby Dale Road West Calder Grove Wakefield West Yorkshire WF4 3ND
18 October 2022
Page 3
## **EMLEY PLAYSCHOOL**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022**
|Unrestricted
Restricted
fund
funds
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Other trading activities
2
71,554
-
Investment income
3
4
-
Other income
-
-
**Total**
71,558
-
**EXPENDITURE ON**
Raising funds
4
61,242
-
Other
3,760
-
**Total**
65,002
-
**NET INCOME**
6,556
-
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
36,135
14,284
**TOTAL FUNDS CARRIED FORWARD**
42,691
14,284|2022
Total
funds
£
71,554
4
-
71,558
61,242
3,760
65,002
6,556
50,419
56,975|2021
Total
funds
£
62,727
19
11|
|---|---|---|
|||62,757|
|||58,470
1,086|
|||59,556|
|||3,201
47,218|
|||50,419|
The notes form part of these financial statements
Page 4
## **EMLEY PLAYSCHOOL**
## **BALANCE SHEET 31 AUGUST 2022**
|Unrestricted
Restricted
fund
funds
Notes
£
£
**FIXED ASSETS**
Tangible assets
8
382
-
**CURRENT ASSETS**
Debtors
9
-
-
Cash at bank and in hand
42,641
14,632
42,641
14,632
**CREDITORS**
Amounts falling due within one year
10
(332)
(348)
**NET CURRENT ASSETS**
42,309
14,284
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
42,691
14,284
**NET ASSETS**
42,691
14,284
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|2022
Total
funds
£
382
-
57,273
57,273
(680)
56,593
56,975
56,975
42,691
14,284
56,975|2021
Total
funds
£
382
368
50,056
50,424
(387)
50,037
50,419
50,419
36,135
14,284
50,419|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 17 October 2022 and were signed on its behalf by:
I Emmerson - Trustee
H Sturdy - Trustee
The notes form part of these financial statements
Page 5
**EMLEY PLAYSCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, 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 Charities Act 2011. 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.
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.
Page 6
continued...
**EMLEY PLAYSCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022**
## **2. OTHER TRADING ACTIVITIES**
|Fees received - Invoiced
Lunch club fees
Fundraising receipts
Sale of fleeces and sweatshirt
Nursery education funding
Snack food income
Covid grant received
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**RAISING FUNDS**
**Raising donations and legacies**
Staff costs
Rent
Insurance and subscriptions
Postage and stationery
Sweatshirts purchased
Support costs|2022
£
8,068
1,279
1,180
101
60,704
222
-
71,554
2022
£
4
2022
£
51,668
6,578
721
472
347
70
59,856|2021
£
11,292
3,035
254
28
47,218
150
750|
|---|---|---|
|||62,727|
|||2021
£
19
2021
£
49,148
5,983
653
342
253
683|
|||57,062|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021.
continued...
Page 7
**EMLEY PLAYSCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022**
## **6. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|2022
Staff
5
No employees received emoluments in excess of £60,000.
**7.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
fund
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Other trading activities
62,727
-
Investment income
19
-
Other income
11
-
**Total**
62,757
-
**EXPENDITURE ON**
Raising funds
58,470
-
Other
1,086
-
**Total**
59,556
-
**NET INCOME**
3,201
-
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
32,934
14,284
**TOTAL FUNDS CARRIED FORWARD**
36,135
14,284
**8.**
**TANGIBLE FIXED ASSETS**
Freehold
Plant and
Computer
property
machinery
equipment
£
£
£
**COST**
At 1 September 2021 and 31 August 2022
1,520
380
1,420
**DEPRECIATION**
At 1 September 2021 and 31 August 2022
1,519
-
1,419
**NET BOOK VALUE**
At 31 August 2022
1
380
1
At 31 August 2021
1
380
1|2021
5
Total
funds
£
62,727
19
11
62,757
58,470
1,086
59,556
3,201
47,218
50,419
Totals
£
3,320
2,938
382
382|
|---|---|
continued...
Page 8
## **EMLEY PLAYSCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022**
|**9.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
|---|---|---|---|---|
||||2022|2021|
||||£|£|
||Trade debtors||-|368|
|**10.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||2022|2021|
||||£|£|
||Trade creditors||349|348|
||Taxation and social security||331|39|
||||680|387|
|**11.**|**MOVEMENT IN FUNDS**||||
||||Net||
||||movement|At|
|||At 1.9.21|in funds|31.8.22|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|36,135|6,556|42,691|
||**Restricted funds**||||
||Designated Funds|3,342|-|3,342|
||Restricted Funds|10,942|-|10,942|
|||14,284|-|14,284|
||**TOTAL FUNDS**|50,419|6,556|56,975|
||Net movement in funds, included in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|71,558|(65,002)|6,556|
||**TOTAL FUNDS**|71,558|(65,002)|6,556|
continued...
Page 9
**EMLEY PLAYSCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022**
## **11. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||Net||
|---|---|---|---|
||movement||At|
|At 1.9.20|in funds||31.8.21|
|£||£|£|
|**Unrestricted funds**||||
|General fund
32,934||3,201|36,135|
|**Restricted funds**||||
|Designated Funds
3,342||-|3,342|
|Restricted Funds
10,942||-|10,942|
|14,284||-|14,284|
|**TOTAL FUNDS**
47,218||3,201|50,419|
|Comparative net movement in funds, included in the above are as follows:||||
|Incoming|Resources||Movement|
|resources|expended||in funds|
|£||£|£|
|**Unrestricted funds**||||
|General fund
62,757|(59,556)||3,201|
|**TOTAL FUNDS**
62,757|(59,556)||3,201|
A current year 12 months and prior year 12 months combined position is as follows:
|||Net|||
|---|---|---|---|---|
|||movement||At|
||At 1.9.20|in funds||31.8.22|
||£|£||£|
|**Unrestricted funds**|||||
|General fund|32,934|9,757||42,691|
|**Restricted funds**|||||
|Designated Funds|3,342||-|3,342|
|Restricted Funds|10,942||-|10,942|
||14,284||-|14,284|
|**TOTAL FUNDS**|47,218|9,757||56,975|
continued...
Page 10
**EMLEY PLAYSCHOOL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022**
## **11. 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|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|134,315|(124,558)|9,757|
|**TOTAL FUNDS**|134,315|(124,558)|9,757|
## **12. OTHER FINANCIAL COMMITMENTS**
## Designated funds
Included in unrestricted funds is a balance at the year-end of £3,342 (2021 £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 2022 expenditure amounting to £11,290 (2021 £11,290)..
## **13. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 August 2022.
Page 11
## **EMLEY PLAYSCHOOL**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022**
|**FOR THE YEAR ENDED**|**31 AUGUST 2022**||
|---|---|---|
||2022|2021|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Other trading activities**|||
|Fees received - Invoiced|8,068|11,292|
|Lunch club fees|1,279|3,035|
|Fundraising receipts|1,180|254|
|Sale of fleeces and sweatshirt|101|28|
|Nursery education funding|60,704|47,218|
|Snack food income|222|150|
|Covid grant received|-|750|
||71,554|62,727|
|**Investment income**|||
|Deposit account interest|4|19|
|**Other income**|||
|Donations|-|11|
|**Total incoming resources**|71,558|62,757|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Wages|51,456|48,907|
|Pensions|212|241|
|Rent|6,578|5,983|
|Insurance and subscriptions|721|653|
|Postage and stationery|472|342|
|Sweatshirts purchased|347|253|
||59,786|56,379|
|**Other trading activities**|||
|Equipment purchased|1,041|1,131|
|Food and snacks|246|229|
|Milk costs|99|48|
||1,386|1,408|
|**Other**|||
|Repairs and renewals|108|243|
|Sundry expenses|292|60|
|Professional fees|-|109|
|Training costs|2,308|153|
|Sage and payroll manager costs|380|290|
|Loyalty rewards|662|231|
||3,750|1,086|
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 2022**
||2022|2021|
|---|---|---|
||£|£|
|**Support costs**|||
|**Management**|||
|Telephone|80|-|
|Computer equipment purchases|-|601|
||80|601|
|**Governance costs**|||
|Bad debts|-|82|
|Total resources expended|65,002|59,556|
|**Net income**|6,556|3,201|
This page does not form part of the statutory financial statements
Page 13