ALLEN GARDENS PLAYGROUP Charity Registration Number: 1173160 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 REPORTING ACCOUNTANTS.. AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL.. 020 7790 6111 Page 1 of12
ALLEN GARDENS PLAYGROUP FOR THEYEAR ENOED 31 MARCH 2024 CONTENTS Pages Inlcrmalion of Iinancial Statements Report of the Executive Commillee Slatemenl of responsibilities of the CommitteE'. IndÈpendenl Exarninefs R•port Income and Eypenditure Accounts Slalemenl of Assets and Liabilities 10 NoiÈs lo Ihe Accounts Page2of12
ALLEN GARDENS PLAYGROUP FOR THE YEAR ENDED 31 MARCH 2024 ADDRESS 55 8uKlvn Street London En9land E1 5EH BANKER Na851 Bank INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL." 020 7790 6111 Charitys Tiustee$'. Beauti Nessa Hizbul D8ena Hasna Ali Dipa 8egum Page 3 of 12
ALLEN GARDENS PLAYGROUP REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2024 The trustees present Iheir report and Inancial slalements for the year ended 31 March 2024. The Trustee% h<ive adopted the provi5i0ns of the Statctn¢nt of Recominended Piactice (SORP) Accounliiits and Repoi"Iinu by Chafilie5 Issued iii 200) in prepariiig Ihe annual report and financial stateiiients of tlie Chai'iiy. Lcgal Status: Charity: Registered wilh tlie Chai'ily Commissioii, Cliarity Niimber.. 1173160 Objects, Principal Activitiesq #nil Organisiitioii of the Charity The Charily's obje¢t is tlie advancemeiil of educaiioii 7£ lid relief uf poverty and 5icknes5 in Bangladesh, in partitular biit noi exclisively by th¢ makin(r of gnnis. Organi.8&)tion: A Mana9emenl Comrnillee. the Iiiembers OF whih arp thi l.", 'leÈs m8nag&s the affai ol the charily The man3gc.menl ComrniNee manages the busines" of 114P -harty including th& pawng of 811 expenses Trustees: Triisiees. ii'hts arc all iiiembcrs of tlie executive coniniiEteL. and who seived duriniT khc year are sci out 011 P1( tse 3. Thc trustecs are elected I tIIL Annu<21 Ci¢iicral Meelin ror meiiibei%liip of the Lxecutive Coiiiiiiitl¢e aiid serve iiniil the end of the next AIiTiual General Mceliiig, Ivliei'e they ¢an siand for ie- election as Inembers of Ilie new Execiitive Coii)Iiiittee. Trustees responsibilities in relation to tl)e financial statefflents The cominittee or Trustees re required by charitys laiv to prcparc finttncial stateiiiei)ts for e1c ch financial ycar wliich givc a Irllc and fair view of the financial &ctivilic8 of the charily and of its fiiiclncial position at the end of thai year. In prepic rin(r those fillkncial statcnicnts the-l-rustees are required to.- The Trusteés art respr)nsible lor piepanng the Trustees Annual Report and the Financial Slalemenls in accordance with applicable law and re9ulalion5 and United Kingdorn Accounling Slandards Iuniled Kingdom Generally A¢¢eple Accounting Praciicel The law applicable lo charitie5 in England aDd Wales requires the Trustees lo prepare Financial Statements for èach financial year which give a Inje and f)ir view of Ihe slate of aftairs of ihe charity and of Incomillg resources and application ol resources of the ¢harity for Ihat period. In preparing these Finèn¢ial Statements. Ihg Trustee5 are fequired lo.. Select suitable accountino poliaes and then apply them consi51enlly', Ob5etve the methods and prinaples in the Chaiilies SORP". Make iudgements and accountin9 e51imale5 that are reasonabk and prudent.. Prepare the Financial Slalemenls on th? going concern basis unl&s$ il is inappropriate Io Psu[ne thai the charity wi11 continue in operation Page4of12
ALLEN GARDENS PLAYGROUP REPORT OF THE EXECVTWE COMMITTEE FOR THE YEAR ENDED 31 klARCH 2024 The Tiustees are responsible for keeping proper accounting rècords that disclose with reasonab accuracy at any time the financial position of the charity and enable Ih&m trj eThsU thar the Financial statements comply wilh the charib.es Acl 2011. The Charity (Accounts and Reports) Regulation$ 200B and the prov15ions of the Ifust deed. They are a150 responsible for saleguardifjg the a55e15 of the charity and hence for taking reasonable Steps for the preventio and detectn of fraud and other irregularrtlES VOLUNTEERS.. The Tru51ees wish lo iecord their appreciaiion on bèhalf of IhÈ Charity and tom¥nunity foi the volunlpers who assist in the srnoolll running of the Charity and aR Crital in helping lo k&8ps the runn1ng ¢osts down RISK REVIEW.. The Trustees have Conducted their own revi&w of Ihe major risks lo which the Charity is exposed 8nd slÈps have be&n initiated to minimise the identified risks. All functions of the Charity are subjected lo perw)dic revi resulting in a process of ongoin9 ifflprovemenl. All staff and volunteers are ir3ined and have all Ihe required statutory and re9ulalory CaranCe5 required. SERIOUS INCIDENTS AND EXCLPTION4.. The Tru$tEe$ are paSed lo note, Ihal there were fjo incidents which gave rise lo the need lor the Trustees to lodge a Serious Incidenl R&port wlh the Chafily Commission. FurlhemorE. IhÈo were no Exception5 reeorded and whKh gave rise to the need for the Trustees Io reco on th6 Charity'8 Exceptions. RE9istsr. RELATEO PAR TY TRANSACTIONS.. Otying the yeaf the Charitywas urQer the control of Trusiees and Managernenl CTrmNtiee rnembers as Iisied above. This gepoft, which has been prepare(f in accor(lance with the special provisions of Parl 15 of Ihe Cornpanies Act 2006 applicable 10 small companies No mep.._.prs ol Ihf managemenl committeÈ receivèd atTry rètnuneralion duriny IF.e year. No Irusiee or other person related lo the charity had any personal inierest in any ¢ontra¢t or transaction entered into by the charity durin9 the year. Reserve Policy It is the policy ol the charity thai vnre51ricted fund5. which have not been designa18d for a specifi¢ Use. should be maintained 81 a level equivalent Iv its expen(Jiture. The Truslpe5 consider that serves al this level will enSUfe that, in the event of a swjnilicanl drop in funding. They will be able to continue the charity's eurreni atlivilies while consQeralion 15 given lo ways in which additional funds may be raised. The Centre will aciively work lo achieve this level of resetves. INDEPENDENT EXAMINER According to the Provisions of lh8 Charibe$ A¢t 2008 and updated 2011. the Comrnitlee has agreed thai and audit is nol required for thi5 financial year. However due lo provisions of the same aci an indÈpÈndonl exarniner is required and AM Accountancy SeDfic&s 8ppoinled as external Actouniani or Independent Examiner. Pasof12
Transaction and financi#l positio The Stalemenl of Financial A¢b"vilp5 Shows nel 5urplv5 for the year of £2,268 and our accumulated funds sland at £137.444 In totsl. AM Accountancy Services carried out an independent examination of the atcounts induded In Ihe report. This report, which h8s been prepared in accordance 1h the Sialewent of Recommended Practi ISORPI Accounting and Reporting by Charib'es i5SU8d in 2005. Approved by the trustees and slynÈd on it8 behalf by This pOrt was approved by the Executive Corntnittee on and signed on their behalr. N8mè' ITrusle&l Dale.. Page6of12
Accountants. Roport To tlie Ti-ustees of ALLEN GARDENS PLAYGROUP FOR THE YEAR ENDED 31 MARCH 2024 We pOrt on the accounts for th& year ended 31 March 2024 $et ovl on pages 8 10 12 which have been prepared under the historical cost convention and the accounliro poli¢ie$ Sel out in Dole 1 lo the financial slalemenls. Respective Responsibiliti¢s olTrustees and Aceountants As descFibed on paoe 5 the trustee5 are responsible for the preparation of the financial Statements, and they consider thai the trust is exernpt from an audit. It is oui. responsibility io carry out procedure5 design¢d to enable us to I'eport our opinion to you. Ba515 of Opinion We condu¢ted ourwoth In accordance with the Slalemenl of Standards for Reporting AGeounlanl5. and so our procedures consisted of comparing the oc¢ounls wilh the accounling records kept by the charity. anG Ii iaFing SU* limil¥d enquiries of Iruslees and officers a5 we considered necessi,- fof the putpose of this report. These Pfocedures provide only th8 assurance expre$sed in our opinv)n. Opinion In our opinion.. lal The accoun15 ar& in agreement with the accounting rÈcoroSs kept by the charity un(Jer the requirements of Ihe Statement of ReGornmended Praclice-Accounting and Reporting by Charilie5.' Ibl Hawng gard only lo, and on the basi5 of. the infoThalion contained in Iho$p accwnt5". 111 The a¢¢ovnls have been drawn up in a manner con5islent with the accounting reqviretnen15 specified Iha Stst8menl of Recommènded PracNo-A¢counling and Repotling by Charities, and 121 The charity satisfi'ed the conditions for the exemption from an audit of the accounts for the y&ar specified in the Charilies Act. 131 This unaudited Account we have prepared in accordance with the figure. infom)aiion and explanation we have received from the managementof the current cornmitiee. AM ACCOUNTANCYSE 43 BEN JONSON ROAO LONDON E14SA VICES AM AC.'C.'nEIN'T..INcI'.%r.iii,'Ic'.rs L()NI)(IN L I .1S. Date.. FAX.. O?0 7790 SOJJ Page7of12
ALLEN GARDENS PLAYGROUP Statement of Financial Activities Iln¢ome & Expense Statement) FOR THE YEAR ENDED 31 MARCH 2024 2024 Total 2023 Notes Unre51ricted Restricted Intoming Re5011fce5 All Other General Income 138.868 138.868 89.177 Total lftcomin RÈstsurcè$ 138.868 138.868 89.177 Re50urc8s Expend8d Oirect Charitable Expenditure Prin¢ing, Postage, Stationery & Advertisement Telephone, fax and pholocopies Rent. Rale5 and setvice charg85 IT I Website Books and Matefials Sub5criplion5 CleaAing I V41•$1& Wages and v,: ' jil(:'eerexpenses Pensions Staff training, WelfarÈ l Travel & SubsislencÈ 1,185 492 2,087 880 1.020 255 909 122.085 3.243 773 1.165 492 2,087 880 1.020 255 909 122.085 3.243 773 54 1.809 827 235 101,555 7,247 344 DifÈCt charitable èx ÈndiluTe 132.909 732.909 112.071 Managetnent & Adrnini$tration Expenses- Accountancy Other Legal Bank charge5 Insurance Equipment expen58S Depreciaiion Repair5 Sund Mana emenl & Administration Ex 1,8C 801 1.800 801 2.796 -500 509 509 378 200 381 800 4.562 381 enses.. 3.691 3.691 8.194 Total Resources Ex nded 136,600 136,600 120.285 Net Incoming Resource$ I Iresourc*5 expended) 2.268 2,268 -31.088 Net Movement funds for the period- 2.268 2,268 -31.088 Totsl Funds Brought forward 135,178 135.176 168,264 Balance at J1 March 2024 137A44 137.444 135,176 Pa9e8of12
ALLEN GARDENS PLAYGROUP Summary Income and Expenditure Account FOR THE YEAR ENDED 31 MARCH 2024 2024 Notes Incorn? Total Èxpendilv Nel Surplu5 (Deficill for the financial year 138,868 136.600 2,268 There wer? no reco9nised 98ins other than those indudèd in the Income and Expenditure Account for current year. Pag89of12
ALLEN GARDENS PLAYGROUP Statement of Assets & Liabilities l Balance Sheeti As at 31 March 2024 2024 NOTE Fixed Assets 600 CurrentAssets Cash al Bank & in Hand 140.116 140.116 Currtrnt Liabilities Amounl falling due lo one year Other ¢dItorS S Accruals 3.272 NET CURRENT ASSETS I ILIABILITIESI 136,844 TOTAL ASSETS LESS CURRE14T LIABILITIES 137.444 FUNDS: Brought Forward 135,176 Excesslloeficitl of income over expendilure 2,268 Totsl Fund$ 137.444 The finaTrual sla18ments ware approved by the Exe¢utive Comtniltee and signed on their bèhalf.. Name. (Trusteel Date.. The Note5 on pages 10 10 12 fofm part of the financial staiements Page 10of12
ALLEN GARDENS PLAYGROUP FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES a. Basls of Accounting Basis of accounting The Fiftancial St81èmenl$ have been prepared under the hislorical cost convention, as modified by Ihe revalualion of certain fixed assets and Investments measured al market value. The Finan¢ial Slalements h3ve been prepaied in accoidance Nwlh the Financial Reporting Standard lor Smaller Entib-es lèffÈclivE January 20151. and the requirements of Accounting and Reportng by Charili&$'. Staternenl ol Recommended Practice 8pplieablp lo charities Preparing their Hccounls in accordanc? with the Financial Reporting Standard for Smaller Enti118s lettective January 20151 ISORP 20151. b. GTants Revenue 9ranls are credited lo the Incoffle and Exp?nditure account on a receivable basis. ¢. Donation8 Donation are recorded on a receipt basis. d. Incoming Re50urG95 Voluntary Income and donations are included in incoming resources when they 3re receDiable. 8xc•pI when the donors specify that Ihoy tnusl be vsed 4n futurp. accounling peri$ ordonors. condition5 have not been lulfilkd. then the Incorne Is d2lerTrL'_ IhÈ incoffle fiorn fundraising v8nlures 1$ shown 9ros5. wilh the associaled costs included in fundraising cosi$. *. Resources Expended Resources expended are included in th& Sialemenl ol Financial Acbvilies on accrua15 basi5. inclusive trl any VAT Ihai Cannot be recover&d. Expendiluo Ihat is dirpclly allributable lo specific activities h35 been included in these Cost categories. Where costs 8re allributable to more Ihan one activity, they have been apportioned a¢toss the cost cate9ories on a basi5 cons151ent with the use of those rèsour¢es. f. Going Coii¢?rn 8asi5 The financial slalemenls have been prepared on Ihe going concern basis, as In the opinion of Ihe trustèes. the are no is$ue5 arising which would 5ugge51 any other basis as being mo appropriale. g. Admlnlstration Costs Administraiion e4)endilure in¢ludes all expenditure not directly reLqted to th& charitable a¢ts"vity. h. Taxation As a charity. they are &x&mpl fvom tax Income and 9ains falling within section 505 01 the Taxes Act 1988 or s256 of the Taxation of ChargèabSe Gains A¢1 1992 to the extent that these are applied to 115 charitable objects. No lax charge5 have arisen In the Chanty Depreciation.. Depreciation is calculated so a5 to write off the cost of an asset, less its estimated residual value. over the usefvl economic lif& of that asset as follows." Fixture, Frtling and Equirxnenl.. 25 % on Reducing Balan tnelhod Page11 of 12
ALLEN GARDENS PLAYGROUP FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THEACCOUNTS 2. FIXED ASSETS OST Equipments Fixture & Fittin95 Al l April 2023 Addihons Al 31 March 2024 800 8W 800 8CK) DEPRE Tl Charge for the year Al 31 March 2023 200 200 200 200 NET BOOKVALUE At 1 Apnl 2023 At 31 March 2024 Boo 800 800 600 Ne¢ Surplus ol th8 Fiiianeial Year The excess of expènditure over income is st31 aliÈr charging". 2024 A¢countsnls' remuneration Deprecialitrn 1,800 200 Creditors and Acruals .4ccounlancy Other Credilots 1.800 1.472 3.272 Fundslcapitsl 2024 Balance al 31 March 2023 135.176 BaL9n al 31 March 2023 135,178 Excessl (Delicill of Income Dver Expenditure 2,288 Balance at 31 March 2024 137,444 Page12of12