2021-03-31-accounts

Sherwood Playgroup (Registered charity, number 1156146) Financial statements for the year ended 31 March 2021

Page	Contents
2 - 3	Trustees’ annual report
4	Independent examiner’s report
5	Receipts & payments account
6	Statement of assets & liabilities
7	Notes to the accounts

Sherwood Playgroup Trustees’ annual report for the year ended 31 March 2021

Full name Sherwood Playgroup

Organisation type Charitable incorporated organisation

Registered charity number 1156146

Principal address Woodthorpe House, Mansfield Road, Nottingham, NG5 3FN

Trustees

Thulani Molife Sarah Kozlowska Heidi Alvey, from 24/11/2020 Adjeng Hendro, from 16/11/2020 Morgaine Mitchell Seery until 16/11/2020

Independent examiner

John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL

Governance and management

The charity is a CIO Association and operates under its constitution adopted 12/03/14.

Trustees are voted in at a committee meeting and agree to serve and adopt all Playgroup policies.

Objectives and activities

The charity objects are the development and education of children and young people.

Public benefit statement

The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2006 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.

Summary of the main activities undertaken for the public benefit

We are a not for profit, fully inclusive pre-school which serves a wide area in the local community. We have a number of disadvantaged families who are able to access childcare through the local authority’s funding for 2 year olds and also we provide the nursery education funding for three and four year olds. Some families pay for our childcare service, fees charged are at a reasonable competitive rate. Children benefit from learning in their early years through planned and educational play both indoors and outdoors. Children can access three hours of childcare or as we offer a lunch club three times a week they can access a full day, giving parents the flexibility to work if they need to.

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Sherwood Playgroup

Summary of the main achievements during the period

We continue to be as flexible as we can by offering a variety of hours for children which fits in nicely with working parents or parents who just need time to themselves during the day. We have had outdoor Forest school which has been provided by an external Forest school teacher, this was paid for by obtaining additional grant money to benefit the children and their learning.

The charity’s policy on reserves

We aim to keep a reserve of three months’ wages for staff in case we need them. The reserves can always be topped up if we have sufficient funds in our current account.

Risks

Rising staffing costs, running costs and not being able to sustain funds to keep running.

Signed on behalf of the charity’s trustees:

Signed ______ Date _ Thulani Molife, Trustee

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Independent examiner’s report to the trustees of Sherwood Playgroup for the year ended 31 March 2021

I report to the trustees on my examination of the accounts of Sherwood Playgroup for the year ended 31 March 2021.

Responsibilities and basis of report

As the trustees of the charity 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 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 confirm that no 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 charity as required by section 130 of the Act; or

2. the accounts do not accord with those records.

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.

Signed ____ Date _______ John O’Brien MSc, FCCA, FCIE Employee of Community Accounting Plus

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Sherwood Playgroup Receipts & payments account for the year ended 31 March 2021

2020 £ Note Receipts 102056 Grants & donations 2 6854 Playgroup & lunch club fees 50 Fundraising - Sundry income 124 Bank interest 109084 Total receipts Payments 594 Cleaning 378 Bank charges 2672 Equipment, repairs & renewals 624 Play materials - Groceries & milk 933 Insurance 1225 Stationery & office 1357 Subscriptions 4707 Professional fees 2632 Rent & services 665 Communications 74310 Wages, NI & pension 102 Sundry expenses 270 Training 90469 Total payments 18615 Net receipts/(payments) 22937 Cash funds at start of this period 41552 Cash funds at end of this period	2021 £ 68237 6810 - 32 94
	75173
	69 229 449 483 546 950 398 1687 2947 2752 542 66253 54 106
	77465
	(2292) 41552
	39260

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Sherwood Playgroup Statement of assets and liabilities at 31 March 2021

2020 £ Current assets Note 41552 Bank accounts 41552 Other monetary assets 463 Debtors 463 Assets retained for the charity’s own use General equipment Liabilities (842) Creditors 3 (842)	2021 £ 39260 39260
	-
	(956)
	(956)

These financial statements are accepted on behalf of the charity by:

Signed _____ Dated _____ Sarah Kozlowska, Trustee

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Sherwood Playgroup Notes to the accounts for the year ended 31 March 2021

1. Receipts & payments accounts

Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.

2. Grants & donations

Nottingham City Council Nottingham Trent University Covid 19 PPLA Castle Cavendish Sundry	£ 52076 5250 750 9000 1161
	68237

3. Creditors

Pension HMRC Independent examination fee	£ 164 132 660
	956

4. Trustees’ remuneration

Trustees received no expenses, remuneration or benefits in this period.

5. Related party transactions

There were no related party transactions.

6. Glossary of terms

Debtors: These are amounts to the charity, but not paid during the accounting period.

Creditors: These are amounts owed by the charity, but not paid during the accounting period.

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