Registered Charity No: 1153542 Charitable Incorporated Organisation REPORT AND ACCOUNTS for the annual financial eriod ended 31st March 2023 for SOUTHWAY PLAYCARE
SOUTHWAY PLAYCARE Chanlable Incorporated Organisation INDEX TO THE FINANCIAL STATEMENTS for the annual period to 31 st March, 2023 Page Legal and Administrative Infomation Report of the Trustees Report of the Independent Examiner Statement of Financial Activrties Balance Sheet Notes Forming Part of the Financial Statements 7 to 11 Page 1
SOUTHWAY PLAYCARE Charitable Incorporated Organisation Legal and Administrative Infonnation Truslee8 Judy Thompson Tracy Smyth Rebecca Ellis Karen Stewart Atex Thompson Natalie Grrffin Alan While Mhelle Smiley Chair Vice Chair Treasurer Secretary Principal Ofllce Soulhway YoLrth and Community Centre Hendwell Close Soulhway Plymouth PL6 6TB Accountants St Kew Accountancy Ltd Patto Ownak. Allen Park St. Kew Highway, Bodmin Cornwall PL30 3AR BankeY• Lloyds Bank 8 Royal Parade Plymouth PL1 1TX Page 2
SOUTHWAY PLAYCARE Charitable Incorporated Organisatn REPORT OF THE TRUSTEES for the annual perlod to 31st March. 2023 The Iruslees present their report along wth the financial statements ol the charity for the twelve month period ended 31$1 March. 2023. The financial stslements have been prepafed in accordance wrth the accounting policies sel out on page 7 and the recommendabons of the Statement of Recommended Pracb"ce - Accounting and Reporting by Chanties. CONSTITUTION AND OBJECTS Southw3y Playcare is a charity registered as a ttsjy cnrwrate und8r Part 11 of the Charities Act 2011 No. 1153542. registered on 14th November, 2014. The objects of the charity are the proVisn of childcare for primary age children in Ihe Soulhway area. ORGANISATION The Iruslees who have served during the penod under revW and since the period end are set out on pagè 2. TRUSTEES. RESPONSIBILITIES Law applicable lo charitres in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the ¢harity's slate of affairs dunng the financial period and of its financial position at the end of the period. In preparing those accounts, the Iruslees are required to.. -select $uilable accounting policies and then apply them consislendy. -make iudgemenls and eslimales that are reasonable and prudent., -stale whether the applicable a¢countin9 Standards and statements of recommended practice have been followed subject lo any departures disclosed and explained in the financial statements. and -prepare the financial statements on the going Concern basis, unless il is inappropnalé to presume that the charty wll conts.nue in business. The trustees are responsible for maintsining proper a¢counts"ng records which ¢Jisclose wrth reasonable accuracy at any lime the financial position of the chanty 8nd to enable them to ensure that the financial stslements comply with the Chanlies Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for thè prevention and dettIOn of fraud and other irregulanties. Approved by the trustees and sKJned on their behalf by. Dated................August, 2023 Page 3
REPORT TO THE TRUSTEES OF SOUTHWAY PLAYCARE Charitable Inwrporaled Organisatson for the annual perfod to 31st Mafch. 2023 Res ectfve Res nslbllities of Trus nd ExaTnlner The Chanty's Trustees are responsible for the preparats.on ol the accounts. The Charity's Trustees consider that an audrt is not required this year under section 144 of the Charith'e$ Act 2011 I'the Charities Act'l and that an Independent examination Is needed. It Is my responsibility to". examine the accounts under SeCtn 145 of the Charitses Act. - lo follow the procedures laid down in the general directions given by the Charity Commission (under seckn'on 145151{bl ol the chanb.es Act. and - lo state whether partJ'¢uL4r matters have come to my attentson. 8as16 of Inde endont Examlnerf$ Re My examination was carried out in accordance with the general Directions given by the Charity Commission. An examinatson Includes a review of the accounting records kept by the charity and a comparison ol the accounts presented with those records . It also includes consideration of any unusual Items OT disclosures In the a¢nIS and seeking explanab.ons from the trustees, conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no OPK>n Is given as to whether the accounts present a 'lrue and fairf view and the report is limited lo Ih¢)se matters sel out in the stslemenl below. Indo ndent Examlnefs Statem8nt In connection with my examination, no matter has come lo my attention. which gives me reasonable cause lo believe that In any material respèct the requirements.. - to keep accounting rewrds in accordance with secb.on 130 of the Charities Act, and - to prepare accounts which accord wrth the accounting records and comply with the accountsng requirements ol the Chaftlies Ael have not been mel". or to which, in my opinion. attents'on should be drawn in order to enable a proper understanding of the accounts to be reached. 21 Signed". M. Vickery St. Kew Accountancy Lld. 19th August, 2023 Page 4
SOUTHWAY PLAYCARE cial Actr¥itioJ includin an InGOrnB and Ex dithre Account ftyih• •nnu•l •nd•d 3111 IIW¢h. 2023 Total Fund 2023 Fun¢$ 2022 FurKts Fun Fund Incomlng R¢ 719 47 47 ¥2 Tot•1 Incoming ftMtyJrG 74. R••oU1 ExpDn( 21N2 77m LRn•r Tot•¢ R••ouKM Exkwn¢l• 21 012 92,J12 •t mov•m•nt I Fun R0CIlIatIOn olFundi'. Total Fund8 Ought Forw4 3B.991 51.143 46.a81 Tolal f und• C4rrb•d For•r 42. 51.2BJ
SOUTHWAY PLAYCARE Chantable Incorporated organisatn 8ALANCE SHEET AS AT 31ST MARCH. 2023 Notes 3110312023 31103r2022 FIXED ASSETS Tangible Assets 1,480 CURRENT ASSETS Cash at Bank & in Hand Debtors & Prepayments 43,123 1.701 48,980 1,426 11 44.824 $0.407 CREDITORS AND ACCRUALS.. Amounts falling due wthin one year 12 702 605 NET CURRENT ASSETS .. 44.122 49.802 TOTAL ASSETS LESS CURRENT LIABILITIES: 4S,586 01,283 CAPITAL ANO RESERVES Income and Expenditure A¢U1.. Restrted Designated Unrestricted 9,332 3,Q)O 38.951 3,000 42.586 4S.$86 51,283 ON BEHALF OF THE TRUSTEES.. -signed by Trustee -Prinl Name Approved by the Trustees on". August. 2023. Page 6
SOUTHWAY PLAYCARE Chanlable Incorporated Organisation NOTES TO THE FIIIANCIAL STATEIAENTS for th• annual perlod to 31st March. 2023 I. ACCOVNnNG POUC1.. Att¢ounting con¥entlon The finanal staients have be weyred uTrJer $tl u)5t ents0o ems recognL8ed at tXJSI or IransaCt otheM8e 8t81eO the k¥ant notes to Ihese acwurns. The a¢coun15 have been pwared m accordan V4ith Ihe Staiemerit of RecommerKled Pracce'. Aux)un9 and RepNtry by Ch8¥rt5 preparwmj their aThts accordance lIh FinoncJ¥ Repcrftbig Stsndard aWKabl8 7 UK ar of Ireland IFRS 1021 k88ued on 181h Juty 2014 and V4ith the Finantsal Rep)rtin9 Sknjard appIable In Ihe UK Rep4¢ of IreTrI IFRS 1021 orKI wth tr ChIlS Aca 2011. Exp•ndlturn e4)efid•d atirtMbtsbleVAT no¢ be r•coswed. Unrn8ts1ctod Fund Unreslricted funds are donalicns. fees ¢•Me Olr iOrn¥j resoLvw rec•fvable or generated forthe objeas offfto specrfd pwpose a availab as general De•lgn•t9d Fun Degnaled lund$ ¥ro unreslncled fvThl• ¢wm•th•d ty the man•Jwnw ¢4)mmitt•t Icf parbeul8r purpos. RHtrld•d Fynd• Re8lnced funds ar•10 be used for 8Feof¢ a&18•J drA4n ty ts doNJr. Expenditure which these cntsno * ¢hai9ed to Ihe lund Iwher a lair al1) ol man•aem•nt and support cosi•. 2. D014AnONS JIIOYth2J 31m120 T¢tsi Gamral don•iKffis 200 3. CURRENT ASSETS.. Cuh and Bank C8SThal k. Treasurets A(tsWnt-Ut$ 29,869 13.204 35 773 13.157 Cosh in 43.123 48.980 The fmjs hek1 in the Scothsh WhJth¥s a¢oxJrt c(Y6blLts5 8 CcffjtirqerKy FL>J. estatAiW as a safeguard in the e%rn OffU beThJ rwjired lorunpkm¥J 4.TRANSACnONS WITH THE TRUSTEES During Ihe year Ihe L•itydhl Trjl trr8e knks1ee5.exFe. Page 7
SOUTHWAY PLAYCARE Charrtable Incorporated Organisation NOTES TO THE FINANCIAL STATEMENTS forth• annual pgrfod to 31st March. 2023 7. NET INCOMING RESOURCES FOR THE YEAR Lknresbfj(knJ This is stated after charging.. FuTrJ 3110312023 3110312022 Auditors Romun8robon Depretsation 396 921 1.316 921 1.316 758 1 122 8. STAFF COSTS AND NUMBERS Staff eosts Yre as follows.. 31A13thJ23 3110WJ22 Salarhry$ aThJ wages Tax and Natwjnal In8uran¢é 48.922 4.318 S3,240 43.308 3,636 46,944 No empbyee roceived ernolun more than £80.C( Th• average wkly nwnb•r ol •nwloye•s dunr¥ ts year, on thè b08ffj offull ti •quivalents, was as foll•.. 31A)3r2023 311022 ManagemenVAdmin Childcar 9 TANGIBLE FIXED ASSETS.. For valUatn pu8•S, depreuab.on vd caleulated at the follvthng annugl r8les, In order lo wrile off each a$8et over rts esbmaled useful lif•. Minibus EqUipent 20% on a straKJhl line basis. 18% on a Straight line b8SIS. Mlnll>uts EqtslFwrnt Tot•1 Bro3 Forwar Addillons 876 905 As at 31st March, 2023 1.781 D•preclatlon Brought Fotvtsrd Charge for the peftc#J 1.8CQ 2,398 921 321 As at 31st Marc*, 2023 2400 917 3,317 Net Book Value.. 8 at 31st March. 2023 Not Book Valu•.' As at 1st April, 2022 1200 280 1,480 Page 9
SOUTHWAY PLAYCARE Charrtable InccTr)rated organisab.on NOTES TO THE FINANCIAL STATEMENTS for tho annual poriod to 318t March. 2023 S. INCOMING RESOURCES Tot•1 Lctsl ajthorttygrants. trust gr fyanl for FurlwJh8d Wages Fe8s for piiy Registration F88S ChildcareVtyxh8rs Fundry51rvJ JunwN Clljb JunKY ChJb Tu ReshY8nbal ConlnbLrfK Trips and SLC. Sludeni Lo rytsjs Refvnd$ Donat 8ank Inter Sundry 11.710 11,710 23.554 633 46 792 508 1.754 1.316 638 132 2.862 2.123 1.153 1Crf) 57.938 23S 67.938 235 5,334 416 676 4,376 3,746 415 575 4375 3746 2 47 47 401 342 749 11.710 86,867 82.676 6. DIRECT CHARITABLE &XPENOITURe G•n•rnl 31K13120U 31trf312022 Fund Totsi Fundi Total Funds Waoes N8lk)nbl InsurwKo Irlond Rown 37.374 590 3.728 719 11.548 48.922 43,308 815 2.821 681 720 3.728 719 Pl011 Ti8¥d Sub&'sttn¢ MinitMJs Costs Rent Insurarte AdnyrAstr8Mn Tdephonè MemLV5hipsJSub Ctafl MateikA OlhErMaterM 114 3,319 3.319 1.416 924 2,375 2.833 1.416 924 2.43 1.946 1.751 295 25 317 1.275 25 317 1,27S 5.260 11,747 826 2,397 450 260 1.729 2,9rAJ 6.396 130 2,702 752 1.370 ActIVIl*8nps ReshJ&ntial Jwior ClUbTk calnFit ar Fed UnilD Tr8inirrfJ Pn)fessk)nolFe8S Donatian Sundries DepreGvlK)n 11.747 825 2.397 185 1.977 1,97Y 1,870 1.870 7CQ 394 921 921 758 71319 21.042 92,362 77.432 Page 8
UTHWAY PLAYCARE Ch8nt8Lle 5nuxpDrat&l (Wsaoo) IIOTES TOTHE nMNjKsTA7ÉUEN7s for annual wry)d to 31st PAarr 2023 10. TAXAMON 11. DEBTORS JID PREPAYIIENTS. AmOuTrtslhyjthImkn n2 Prvpllyments Ft 712 1.701 t426 12. CRErxroRS. AlltyJnlf4111bl• Cr•thr 7D2 1). ATrULYSI$OI MÈTET$ BETthEEN FVI T• Twi•le0• 41.824 124 702 Nqlws0 &23 1Q AIOVEIIENTS 111 FiwfAry GFIt. Ltxtthry Gr&. Alblrt Gi•it- pcc SW7 S.•17 1.078 GI•M- pcc Fh Fe4 10.652 10.&J2 Tot•1 RHlrf4t•O Fnd •.J32 11.710 t¥1n•t• Pund•. R•durAl•ri•i r•t•l FldI 38.#51 Y4956 71J19 Totyl FuThth• 81.6$7 922 45.506 15. CAATALCOIAfiiTMEIIIS 11. mJRPW8 RE8TRTEDFuActs Gwrt-Athn Huni Gwrt-PCC FN ¥rtFed Grii.pcc P898 10