ALLEN GARDENS PLAYGROUP Charity Registration Number: 1173160 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 REPORTING ACCOUNTANTS: AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL.. 020 7790 6111 Page 1 of 12 ALLEN GARDENS PLAYGROUP FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Pages Information of financial Slalements Report of the Executive Committee Statement of responsibilities of the Committee.. Independent Examiner's Report Income and Expenditure Accounts Statement of Assets and Liabilities 10 Notes to the Accounts 11-12. Page2 of 12 ALLEN GARDENS PLAYGROUP FOR THE YEAR ENDED 31 MARCH 2025 ADDRESS 55 Buxlon Street London England E1 5EH BANKER Na￿est Bank INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL= 020 7790 6111 Charity's Trustees: Beauti Nessa Hizbul Deena Hasna Ali Dipa Begum Page3of 12 ALLEN GARDENS PLAYGROUP REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report and financial statements for the year ended 31 March 2025. Tlie Ti'uslees liave adopted tlie provisions of Ilie Stateimeiit of Recoiiiineiided Practice (SORP) Accoiintiniy and Reportiiigy by Chai'ities issued iii 2005 in preparing the aliliLial report aiid finaiicial stateineiils of tlie Charity. Legal Status: Charity: Registei"ed with the Chaiity Commission, Chai'ity Number: 1173160 Objects, Principal Activities and Organisation of the Charity Tlie Cliarity's object is the advancemeiit of edLication aiid relief of poverty and sickness in Baiigladesli, in particular but not exclisively by the making of gi'aiits. Organis¢ltion: A Management Committee. the members ofwhich are the Iruslees manages the affairs ofthe charity The Management Committee manages the business ofthe charity including the paying of all expenses Trustees: Trustees, who are all menibers of tlie execLltive coininittee, aiid wlio served dLiring tlie year are set OLIt 011 page J. The triistecs are elected al tlie AniiLial Geiiei-al Mcetiiig, for Inenibersliip of tlie ExeLLltive Committee and serve until the eiid of the Iiexl Aniiiial General Meeting, wliere they cali staiid for re- eleclioii as incinbcrs of tlie new ExecLltive Coinmittee. Trustees responsibilities in relation to the financial statements The comniittee or Triistces are required by charity's law to prepare Fiiiancial stateinents for eacli fiiiaiicial year whicli ITive a trLie and fair view of the financial activities ot. thc cliarity aiid of its fiiiancial posilion at tlie end of that yeai-. In preparing those financial statements the Trustees are required to= The Trustees are responsible for preparing the Trustees Annual Report and the Financial Statements in accordance with applicable law and regulation5 and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounb"ng Practice). The law applicable to charities in England and Wales requires the Trustees to prepare Financial Statements for each financial year which give a true and fair view of the slate of affairs of the charity and ol the incoming resources and application of resources of the charity for that period. In preparing these Financial Slatemenls, the Trustees are required to.. Select suitable accounting policies and then apply them consistently., Observe the methods and principles in the Charities SORP.. Make judgements and accounting estimates that are reasonable and prudent., Prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation Page 4 of 12 ALLEN GARDENS PLAYGROUP REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 The TrLJStees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the Financial Slalements comply with the Charities Act 2011. The Charity {Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities VOLUNTEERS.. The Trustees wish to record their appreciation on behalf of the Charity and community for the volunteers who . assist in the smooth running of the Charity and are critical in helping to keeps the running costs down RISK REVIEW: The Trustees have conducted their own review of the major risks to which the Charity is exposed and steps have been initiated lo minimise the identified risks. All functions of the Charity are subjected to periodic review resulting in a process of ongoing improvement. All staff and volunteers are trained and have all the required statutory and regulatory clearances required. SERIOUS INCIDENTS AND EXCEPTIONS: The Trustees are pleased lo note, that there were no inadents which gave rise to the need for the Trustees to lodge a Serious Incident Report with the Charity Commission. Furthermore. there were no Exceptions recorded and which gave rise to the need for the Trustees to record on the Charity's Exceptions, Register. RELATED PARTY TRANSACTIONS.. Ouring the year the Charity was under the control of Tiuslees and Managemenl Committee members as listed above. This report, which has been prepared in accordance with the special provisions of Part 15 of the Companie5 Act 2008 applicable to small companies. No members ofthe management committee received any remuneration during the year. No trustee or other person related to thè charity had any personal interest in any contract 01 transaction entered into by the charity during the year. Reserve Policy It is the policy of the charity that unrestricted funds. which have not been designated for a specific use, should be maintained al a level equivalent to its expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a Significant drop in funding. They will be able lo continue the charity'5 current activities while consideration is given lo ways in which additional funds may be raised. The Centre will actively work to achieve this level of reserves. INDEPENDENT EXAMINER According lo the provisions of the Charities Act 2008 and updated 2011, the Committee has agreed that and audit is not required for this financial year. However due to provisions of the same act an independent examiner is required and AM Accountancy Services appointed as external Accountant or Independent Examiner. Pa9e 5 of 12 Accountants, Report To the Trustees of ALLEN GARDENS PLAYGROUP FOR THE YEAR ENDED 31 MARCH 2025 We report on the accounts for the year ended 31 March 2025 sel out on pages 8 10 12 which have been prepared under the historical cost convention and the accounting policies sel out in note 1 to the financial slalemenls. Respective Responsibilities of Trustees and Accountants As described on page 5 the trustees are responsible for the preparatioii of the financial stateinenls, aiid tliey consider that tlie tl'LlSt is exeinpt fi'oin ali audit. It is our respoiisibility to carry OLII procedures desigiied to eiiable LIS lo report our opiiiion to you. Basis of Opinion We conducted our work in accordance with the Statement of Standards for Reporting Accountants, and so our procedures consisted of comparing the accounts with the aGcounling records kept by the charity, and making such limited enquiries of the trustees and officers as we considered necessary for the purpose of this report. These procedures provide only the assuTrnce expressed in our opinion. Opinion In our opinion". {al The accounts are in agreement with the accounting records kept by the charity under the requirements of the Statement of Recommended PraCtI￿- Accounting and Reporting by Charities." {bl Having regard only to, and on the basis of, the information contained in Ih05e accounts-. {11 The accounts have been drawn up in a manner con51Stent with the accounting requirements specified the Statement of Recommended Practice - Accounting and Reporting by Charities, and 121 The charity satisfied the conditions for the exemption from an audit of the accounts for the year Specified in the Charities Act. 131 This unaudited Account we have prepared in accordan￿ with the figure, information and explanation we have received from the management ofthe current committee. AM Accountancy Services AM ACCOUNTANCY SE 43 BEN JONSON ROAD LONDON E14SA VICES 43 Ben Jonson Road London El 4SA Tel: 020 7790 6111 Dale.. Page 7 of 12 ALLEN GARDENS PLAYGROUP Statement of Financial Activities (Income & Expense Statement) FOR THE YEAR ENDED 31 MARCH 2025 2025 Total 2024 Notes Unrestricted Restricted Incoming Resources A51 Other General Income 209.741 209.741 138.868 Total Incomin Resources 209,741 209.741 138.868 Resources Expended Dlrect Charitable Expenditure Printing, Postage, Stationery & Advertisement Telephone. fax and photocopies Rent. Rates and service charges IT I Website Books and Materials Subscriptions Cleaning I Waste Wages and Volunteer expenses Pensions Eventsl Staff training. Welfare l Travel & Subsistence 300 488 3,055 740 1.813 122 741 160,947 3.753 2.545 300 488 3.055 740 1,813 122 741 160,947 3,753 2,545 1,165 492 2,087 880 1,020 255 909 122,085 3,243 773 Direct charitable ex enditure 174,504 174,504 132,909 Management & Administration Expenses: Accountancy Other Legal Bank charges Insurance Equipment expenses Depreciation Repairs Sund Mana emenl & Administration Expenses.. 1.950 172 19 762 4,128 2.636 1.950 172 19 762 4,128 2.636 1,800 801 509 200 381 9.667 9,667 3,691 Totsl Resources Ex ended 184.171 184,171 136,600 Net Incoming Resources I (resources expended) 25.570 25.570 2,268 Net Movement funds for the period: 25.570 25.570 2,268 Total Funds Broughtforward 137.444 137,444 135.176 Balance at 31 March 2025 163.014 163.014 137,444 Page8of12 ALLEN GARDENS PLAYGROUP Summary Income and Expenditure Account FOR THE YEAR ENDED 31 MARCH 2025 2025 Notes Income Total expenditure Nel Surplus (Deficill for the financial year 209.741 184,171 25,570 There were no recognised gains other than those included in the Income and Expenditure Account for current year. Page9of12 QENg @LAYGROUP.: .1 Jl.A4ar¢h 202£ ALLEN GARDENS PLAYGROUP FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES Basis of Accounting Basis of accounting The Financial Slalemenls have been prepared under the historical cost convention, as modified by the revaluation of certain fi'xed assets and investments measured al market value. The Financial Statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 20151, and the requirements of Accounting and Reporting by Charities-. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportin9 Standard for Smaller Entities (effective January 20151 ISORP 2015). b. Grants Revenue grants are credited to the Income and Expenditure account on a receivable basis. c. Donation5 Donation are recorded on a receipt basis. d. Incoming Resources Voluntary income and donations are included in incoming resources when they are receivable, except when the donors specify that they must be used in future accounting periods or donors, conditions have not been fulfilled, then the income is deferred. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs. e. Resources Expended Resources expended are included in the Statement of Financial Activities on accruals basis, inclusive of any VAT that cannot be recovered. Expenditure that is directly allributable 10 specific activities has been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of Ih05e resources. f. Going Concern Basis The financial staletnents have been prepared on the going concern basis. as in the opinion of the trustees, there are no issues arising which would suggest any other basis as being more appropriate. g. Administration Costs Administration expenditure includes all expenditure not directly related lo the charitable activity. h. Taxation As a chaiity, they are exempl from tax on income and gains falling within section 505 of the Taxes Act 1988 or s258 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity. i. Depreciation: Depreciation is calculated so as lo write off the cost of an asset. less its estimated residual value. over the useful economic life of that asset as follows.. Building Cost5 100/0 on Reducing Balance method Page11 of12 ALLEN GARDENS PLAYGROUP FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS 2. FIXED ASSETS COST BUILDING COSTS Additions At 31 March 2025 26.361 26,361 26.361 26,361 DEPRECIATION Charge for the year At 31 March 2025 2.636 2,636 2.636 2.636 NET BOOK VALUE At 31 March 2025 23.725 23,725 Net Surplus of the Financial Year The excess of expenditure over income is staled after charging-. 2025 Accountants. remuneration Depreciation 1,950 2,636 Creditors and Acruals Other Creditors 946 946 Fundslcapltal 2025 Balan￿ at 31 March 2024 137.444 Balance at 31 March 2024 137.444 Excessl (Deficit) of Income over Expenditure 25.570 Balance at 31 March 2025 163.014 Page 12of12