Charity number: 1105065
Broad Haven Playgroup
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 August 2020
Broad Haven Playgroup Contents Page For the year ended 31 August 2020
| Report of the Trustees | 1 to 2 |
|---|---|
| Independent Examiner's Report to the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 9 |
| Detailed Statement of Financial Activities | 10 |
Broad Haven Playgroup Report of the Trustees
For the year ended 31 August 2020
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 August 2020. 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charitable objectives of Broad Haven Playgroup are:
To enchance the development, care and education of children under statutory school age by:
A) Encouraging parents to understand and provide for the needs of their children.
B) Provide safe, high quality group play in which parents have the right to take part.
C) Encouraging other charitable activities through which parents may help the childen.
D) Furthering the aim to the Wales Pre-School Playgroups Association.
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
ACHIEVEMENTS AND PERFORMANCE
Significant activities
Broad Haven Playgroup provides a service in Broad Haven, Pembrokeshire, by supplying education and training for: Children and young people
People with disabilities People of a particular ethnic or racial origin Otrher charities or voluntary bodies The general public and mankind.
Achievements against objectives
Charitable activities
During the course of the year, Broad Haven Playgroup have maintained their development and education of children under statutory school age.
Fundraising activities
During the course of the past year, Broad Haven Playgroup have held various fundraising events to contribute funds to the objectives and aims of the Charity. This has helped Broad Haven Playgroup to provide to the development care and education of the children under statutory school age. The fundraising has been curtailed though by the current pandemic.
FINANCIAL REVIEW
Financial position
The results for the year show an increase in income, despite the pandemic, which limited the fundraising opportunities. Grants were received as a result of the pandemic, which have asissted the charity carry out its activities throuighout the year. This. along with steps in previous years to promote the services and increase numbers, has allowed the Charity to stabilise its balance sheet.
Reserves
Reserves policy
Broad Haven Playgroup has designated the balance in a savings bank account as an unrestricted reserve for the purpose of staff redundacy payments. Staff redundancy payments would be payable to the playgroups three staff members if the decision was made to cease operating.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Standard registration. Registered on 23rd July 2004.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Broad Haven Playgroup Charity registration number 1105065 Principal address 42 Croft Road
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Broad Haven Playgroup Report of the Trustees Continued For the year ended 31 August 2020
Broad Haven Haverfordwest Pembrokeshire SA62 3HY
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Stuart Spence Frances Stephens Rebecca Jo Burch (Appointed: 06 January 2020) Emma Pritchard Independent examiners A S Harries 2nd Floor 9 Victoria Place Haverfordwest Pembrokeshire SA61 2JX
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 24 May 2021 Stuart Spence
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Broad Haven Playgroup Independent Examiners Report to the Trustees
For the year ended 31 August 2020
I report to the trustees on my examination of the accounts of the charity for the year ended 31 August 2020.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 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 examiners 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:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
-
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.
A S Harries 2nd Floor 9 Victoria Place Haverfordwest Pembrokeshire SA61 2JX
24 May 2021
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Broad Haven Playgroup Statement of Financial Activities For the year ended 31 August 2020
| Notes Income and endowments from: Donations and legacies 2 Other trading activites 3 Investments 4 Total Expenditure on: Raising funds Costs of generating donations and legacies Fundraising trading: cost of goods sold and other costs Charitable activities Activity 1 Total Net income/expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 20,984 38,972 3 59,959 (650) (754) (39,210) (40,614) 19,345 5,784 25,129 |
2019 £ 4,305 37,677 5 |
|---|---|---|
| 41,987 | ||
| (700) (979) (42,861) |
||
| (44,540) | ||
| (2,553) 8,337 |
||
| 5,784 |
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Broad Haven Playgroup Statement of Financial Position
As at 31 August 2020
| Notes Fixed assets Tangible assets 8 Current assets 9 Debtors Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds 11 Total funds |
£ 2020 12,146 12,146 2,062 16,610 18,672 (5,689) 12,983 25,129 25,129 25,129 25,129 |
£ 2019 - |
|---|---|---|
| - | ||
| 540 11,148 |
||
| 11,688 | ||
| (5,904) 5,784 |
||
| 5,784 | ||
| 5,784 | ||
| 5,784 | ||
| 5,784 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Stuart Spence Trustee
24 May 2021
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Broad Haven Playgroup Notes to the Financial Statements
For the year ended 31 August 2020
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011.
Broad Haven Playgroup meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
2. Income from donations and legacies
| Unrestricted funds Donations received Grants received ncome earned from other activities Unrestricted funds Fund raising events Other activities for generating funds 1 nvestment income Unrestricted funds Bank interest receivable |
2020 £ 2,535 18,449 20,984 2020 £ 1,403 37,569 38,972 2020 £ 3 3 |
2019 £ 4,305 - |
|---|---|---|
| 4,305 | ||
| 2019 £ 2,751 34,926 |
||
| 37,677 | ||
| 2019 £ 5 |
||
| 5 |
3. Income earned from other activities
4. Investment income
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Broad Haven Playgroup Notes to the Financial Statements Continued
For the year ended 31 August 2020
5. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Accountancy fees | 650 | 650 |
| Staff pension contributions | 248 | - |
6. Staff costs and emoluments
Total staff costs for the year ended 31 August 2020 were:
| Salaries and wages Pension costs General |
2020 £ 31,301 248 31,549 2020 3 3 |
2019 £ 33,091 - |
|---|---|---|
| 33,091 | ||
| 2019 3 |
||
| 3 |
7. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
8. Tangible fixed assets
| Cost or valuation Additions At 31 August 2020 Net book values At 31 August 2020 |
Plant and Machinery £ 12,146 |
|---|---|
| 12,146 | |
| 12,146 |
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Broad Haven Playgroup Notes to the Financial Statements Continued
For the year ended 31 August 2020
9. Debtors
| Amounts due within one year: Trade debtors Creditors: amounts falling due within one year Other creditors Accruals and deferred income |
2020 £ 2,062 2,062 2020 £ 4,279 1,410 5,689 |
2019 £ 540 |
|---|---|---|
| 540 | ||
| 2019 £ 1,899 4,005 |
||
| 5,904 |
10. Creditors: amounts falling due within one year
11. Movement in funds
Unrestricted Funds
| General General Unrestricted Funds - Previous year General General |
Balance at 01/09/2019 £ 5,784 5,784 Balance at 01/09/2018 £ 8,337 8,337 |
Incoming resources £ 59,959 59,959 Incoming resources £ 41,987 41,987 |
Outgoing resources £ (40,614) (40,614) Outgoing resources £ (44,540) (44,540) |
Balance at 31/08/2020 £ 25,129 |
|---|---|---|---|---|
| 25,129 | ||||
| Balance at 31/08/2019 £ 5,784 |
||||
| 5,784 |
Purpose of unrestricted Funds
General
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
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Broad Haven Playgroup Notes to the Financial Statements Continued
For the year ended 31 August 2020
12. Analysis of net assets between funds
| Unrestricted funds General General Previous year Unrestricted funds General General |
Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 12,146 12,983 25,129 |
|---|---|
| 12,146 12,983 25,129 |
|
| Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ - 5,784 5,784 |
|
| - 5,784 5,784 |
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Broad Haven Playgroup Detailed Statement of Financial Activities For the year ended 31 August 2020
| INCOME AND ENDOWMENT Donations and legacies Donations Grants Receivable Other trading activities Fund Raising Events Income From Other Activities For Generating Funds 1 Investments Bank Interest Receivable Total incoming resources EXPENDITURE Other trading activities Fund Raising Events Costs Cleaning Costs Charitable activities Staff Costs - Wages & Salaries Staff Costs - Pension Contributions Insurances Postage And Stationery Hall Hire Sundries Equipment & Materials SUPPORT COSTS Management Telephone Advertising Staff Training & Welfare Governance costs Accountancy Fees Crb Checks Total resources expended Net Income |
£ 2020 2,535 18,449 20,984 1,403 37,569 38,972 3 3 59,959 (418) (336) (754) (31,301) (248) (462) (463) (3,669) (65) (2,027) (38,235) (10) (361) (604) (975) (650) - (650) (40,614) 19,345 |
£ 2019 4,305 - |
|---|---|---|
| 4,305 2,751 34,926 |
||
| 37,677 5 |
||
| 5 | ||
| 41,987 (692) (287) |
||
| (979) (33,091) - (462) (510) (5,307) (926) (2,144) |
||
| (42,440) (60) (251) (110) |
||
| (421) (650) (50) |
||
| (700) | ||
| (44,540) | ||
| (2,553) |
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This page does not form part of the statutory financial statements