Charity number: 1174311 ## Broad Haven Playgroup Report of the Trustees and Unaudited Financial Statements For the year ended 31 August 2022 Broad Haven Playgroup Contents Page For the year ended 31 August 2022 |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 11| |Detailed Statement of Financial Activities|12| ## Broad Haven Playgroup Report of the Trustees For the year ended 31 August 2022 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 3 August 2022. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement 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 trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit running a charity (PB2)'. The Charitable objectives of Broad Haven Playgroup are: To encourage 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 a right to take part. - c) Encouraging other charitable activities through which parents may help the children. - d) Furthering the aim of the Wales Pre-School Playgroups Association. ## **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 Other charities or voluntary bodies The general public and mankind. ## **Achievements against objectives** The Broad Haven Playgroup previously carried out their activities with charity number 1105065. All of the activities, asse and reserves were transferred into the Charitable Incorporated Organisation on the 1st April 2021. The inflow has bee n treated as a donation in these financial accounts. The pandemic continued to affect the fundraising of the charity, although significant grants were received from Pembrokeshire County Council and the Havens Community Council. These have enabled the charity to continue the training of staff to enable the services to be extended. The charity continues to maintain a satisfactory balance sheet. ## **FINANCIAL REVIEW** ## **Reserves** Broad Haven Playgroup has designated the balance in the savings bank account as an unrestricted reserve for the purpose of staff redundancy payments. Staff redundancy payments would be payable to the Playgroups' three staff members should the Charity cease to operate. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Broad Haven Playgroup **Charity registration number** 1174311 **Principal address** Broad Haven Village Hall Marine Road Broad Haven Pembrokeshire SA62 3JS 1 of 12 Broad Haven Playgroup Broad Haven Playgroup Report of the Trustees Continued For the year ended 31 August 2022 V￿E¢ll* Rees Independent•xkn)Iws A S Harries PemWe$ SA612JX Approved by the Board of Tnrste¢s •rKI ￿gned on its belhilf 20 Jatw 2023 Broad Haven Pla rou Broad Haven Playgroup Independent Examiners Report to the Trustees For the year ended 31 August 2022 I report lo the trustees on my examtAllon of the acccutts ofthe charity lor the yw ended 31 AugUSt 2022. R•sp(*)slbllltsM Ind b•*ls of AS the charity trustees. you are reS￿n$￿e for the wep•ralion of the accounts in a¢cordanc• the requlrements of th CharFt1￿ACt 2011 lthe 2011 Acr). I report In T￿pect of my exwn1￿b￿ ol the ¢hw*l$ x¢ounts ¢arrSed wl under secti￿ 145 ol the 2011 Act In carryfn out my eXa￿¥r￿{lOn I have folkM*d all the applth Directions by Ihts Ch•rity Cmii$s&)n under section 145151(b) o the ACL Ind•pond•nt •x*min•rs *tatwnMt I have compleled my examination. I conllm no ffotters have oyne to ry attention in connecbcn V+ith ￿ examv giving me to bdieve thal in any reJpKL 1. accounting re¢*rds ntst kept in respect of the Charity as required ty secllon 130 (rf the 2011 Act: Of 2. the accounts do not accord wth those records: or 3. the xcounts &) nol compty *ilh applicable requir•mwl$ the form and eontenl of accounts sel oul In tho Charities (Accounts al￿ Reports) Regulations 2008 other Ih8n any requirement that the 8c¢ounl¥ and lali vithv u¢h 1$ rwt a matter Considered as part ot •n independent examination. I have no concerrts and have come xross no other matters In eonnecllon vith tr* exarninabon lo *thiGh altention shothl be drawn in this report in order to enable a proper understanding of the accounts lo be readled. A S Harrl•s 2nd Floor 9 Victoria P*¢e Haverfordth*sl PembrOkesl￿rt SA612JX 20 January 2023 30112 ## Broad Haven Playgroup ## Statement of Financial Activities For the year ended 31 August 2022 |**Income** **and** **endowments** **from:**
**Notes**
Donations and legacies
2
Other trading activities
3
Investments
4
**Total**
**Expenditure** **on:**
Raising funds
5/6
Charitable activities
7/8
**Total**
**Net** **income/expenditure**
**Reconciliation** **of** **funds**
Total funds brought forward
**Total** **funds** **carried** **forward**|**Unrestricted**
**funds**
**£**
10,923
30,014
2
**40,939**
(2,744)
(41,124)
**(43,868)**
**(2,929)**
39,130
**36,201**|**202**
38,98
15,65| |---|---|---| |||**54,63**| |||(93
(14,57| |||**(15,50**| |||**39,13**| |||**39,13**| 4 of 12 Broad Haven Playgroup Broad Haven Playgroup Statement of Financial Posliion As al 31 August 2022 2022 2021 Rx•d us•t• T￿Ibl8 ass6ts 13 11,681 11.681 11,861 11.861 Currwrt 14 767 26.1e6 28.953 950 27.223 28,173 19041 Cash at barth and In haNJ Cr•dltor•: t4llh4 du• t*lthln •n• >•*r Not curront assoL* Total a••o1• l••• curr•nt 15 24.520 27.289 Not a880ts Tho funds of th• charfty Unre$lricted irKome lund$ 16 36.201 36.201 39,130 Totsl funds £fv?￿speAW fvY,..ii Lcca Trustee 20 Januwy 2023 Stsf12 5of12 Broad Haven Playgroup Notes to the Financial Statements For the year ended 31 August 2022 ## **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|**2022**
**£**
699
10,224
**10,923**
**2022**
**£**
1,041
28,973
**30,014**
**2022**
**£**
2
**2**|**202**
38,09
89| |---|---|---| |||**38,98**| |||**202**
70
14,95| |||**15,65**| |||**202**| ## **3. Income earned from other activities** ## **1. Investment income** 6 of 12 ## Broad Haven Playgroup Notes to the Financial Statements Continued For the year ended 31 August 2022 ## **2. Expenditure on generating donations and legacies** |**2.Expenditure** **on** **generating** **donations** **and** **legacies**||| |---|---|---| |**Unrestricted** **funds**
Support costs
**3.Expenditure** **on** **other** **trading** **activities**
**Unrestricted** **funds**
Fund raising events
**4.Costs** **of** **charitable** **activities** **by** **fund** **type**
**Unrestricted** **funds**
**Activity** **1**
**Direct** **cost**
Staff costs - wages &
salaries
Insurances
Postage & Stationery
Staff Training & Welfare
Equipment & Materials
Cleaning Costs
Bad Debts
**Support** **costs**
**Activity** **1**
**Management**
Telephone
Advertising
Hall Hire|**2022**
**£**
2,711
**2,711**
**2022**
**£**
33
**33**
**2022**
**£**
31,941
471
316
356
1,362
1,136
264
**35,846**
92
100
5,086
**5,278**
**41,124**|**202**
65| |||**65**
**202**
28| |||**28**
**202**
11,73
23
67
39| |||**13,03**
4
11
1,38| |||**1,53**| |||**14,57**| 7 of 12 ## Broad Haven Playgroup Notes to the Financial Statements Continued For the year ended 31 August 2022 ## **8. Costs of charitable activities by activity type** |**Support** **costs**
**Activity** **1**
Staff costs - wages &
salaries
Insurances
Postage & Stationery
Staff Training & Welfare
Equipment & Materials
Cleaning Costs
Bad Debts
**nalysis** **of** **support** **costs**
**Management**
Depreciation - owned
assets
Telephone
Advertising
Hall Hire
**Governance** **costs**
Accountancy fees|**Activities**
**undertaken**
**directly**
**£**
31,941
471
316
356
1,362
1,136
264
**35,846**
**35,846**
**Voluntary**
**Income**
**£**
2,061
-
-
-
**2,061**
650
**2,711**|**Support**
**costs**
**£**
-
92
100
5,086
-
-
-
**5,278**
**5,278**
**Activity** **1**
**£**
-
92
100
5,086
**5,278**
-
**5,278**|**2022**
**£**
31,941
563
416
5,442
1,362
1,136
264
**41,124**
**41,124**
**2022**
**£**
2,061
92
100
5,086
**7,339**
650
**7,989**|**202**
11,73
4
35
2,06
39| |---|---|---|---|---| |||||**14,57**| |||||**14,57**| |||||**2021**
4
11
1,38| |||||**1,53**
65| |||||**2,18**| ## **9. Analysis of support costs** 8 of 12 ## Broad Haven Playgroup Notes to the Financial Statements Continued For the year ended 31 August 2022 ## **10. Net income/(expenditure) for the year** This is stated after charging/(crediting): |||**2022**|**202**| |---|---|---|---| |||**£**|| |Depreciation|of owned fixed assets|2,061|| |Accountancy|fees|650|65| ## **11. Staff costs and emoluments** Total staff costs for the year ended 31 August 2022 were: |Salaries and wages
General|**2022**
**£**
31,941
**31,941**
**2022**
3
**3**|**202**
11,73| |---|---|---| |||**11,73**| |||**202**| |||| ## **12. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activities are for unrestricted funds. ## **13. Tangible fixed assets** |**Cost** **or** **valuation**
At 01 September 2021
Additions
At 31 August 2022
**Depreciation**
Charge for year
At 31 August 2022
**Net** **book** **values**
At 31 August 2022
At 31 August 2021|**Plant** **and**
**Machinery**
**£**
11,861
1,018
**12,879**
1,932
**1,932**
**10,947**
**11,861**|**Computer**
**Equipment**
**£**
-
863
**863**
129
**129**
**734**
**-**|**Tot**
11,86
1,88
**13,74**
2,06
**2,06**
**11,68**
**11,86**| |---|---|---|---| 9 of 12 ## Broad Haven Playgroup Notes to the Financial Statements Continued For the year ended 31 August 2022 |**14.** **Debtors**
**Amounts** **due** **within** **one** **year:**
Trade debtors
**15.** **Creditors:** **amounts** **falling** **due** **within** **one** **year**
Other creditors
Accruals and deferred income
**16.** **Movement** **in** **funds**
**Unrestricted** **Funds**
_General_
General
**Unrestricted** **Funds** **-** **Previous** **year**
_General_
General|**Balance** **at**
**01/09/2021**
**£**
39,130
**39,130**
**Balance** **at**
**01/09/2020**
**£**
-
**-**|**Incoming**
**resources**
**£**
40,939
**40,939**
**Incoming**
**resources**
**£**
54,638
**54,638**|**2022**
**£**
767
**767**
**2022**
**£**
1,133
1,300
**2,433**
**Outgoing**
**resources**
**£**
(43,868)
**(43,868)**
**Outgoing**
**resources**
**£**
(15,508)
**(15,508)**|**202**
95
**95**
**202**
25
65| |---|---|---|---|---| |||||**90**| |||||**Balance**
**31/08/202**
36,20| |||||**36,20**| |||||**Balance**
**31/08/202**
39,13| |||||**39,13**| ## **Purpose of unrestricted Funds** ## General Unrestricted funds may be used in accordance with the charitable objectives at the discretion of the trustees. 10 of 12 ## Broad Haven Playgroup Notes to the Financial Statements Continued For the year ended 31 August 2022 ## **17. Analysis of net assets between funds** |**Unrestricted** **funds**
_General_
General
**Previous** **year**
**Unrestricted** **funds**
_General_
General|**Tangible**
**fixed** **assets**
**Net** **current**
**assets** **/**
**(liabilities)**
**Net** **Asse**
**£**
**£**
11,681
24,520
36,20| |---|---| ||**11,681**
**24,520**
**36,20**| ||**Tangible**
**fixed** **assets**
**Net** **current**
**assets** **/**
**(liabilities)**
**Net** **Asse**
**£**
**£**
11,861
27,269
39,13| ||**11,861**
**27,269**
**39,13**| 11 of 12 ## Broad Haven Playgroup Detailed Statement of Financial Activities For the year ended 31 August 2022 |**INCOME** **AND** **ENDOWMENT**
**Donations** **and** **legacies**
Donations
Transfer from Charity 1105065
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
**Charitable** **activities**
Staff costs - wages & salaries
Insurances
Postage & Stationery
Staff Training & Welfare
Equipment & Materials
Cleaning Costs
Bad Debts
**SUPPORT** **COSTS**
**Management**
Depreciation - owned assets
Telephone
Advertising
Hall Hire
**Governance** **costs**
Accountancy fees
**Total** **resources** **expended**
**Net** **Expenditure**|**2022**
**£**
699
-
10,224
**10,923**
1,041
28,973
**30,014**
2
**2**
**40,939**
(33)
**(33)**
(31,941)
(471)
(316)
(356)
(1,362)
(1,136)
(264)
**(35,846)**
(2,061)
(92)
(100)
(5,086)
**(7,339)**
(650)
**(650)**
**(43,868)**
**(2,929)**|**2021**
**£**
15
38,075
891| |---|---|---| |||**38,981**
706
14,951| |||**15,657**
-| |||**-**| |||**54,638**
(284)| |||**(284)**
(11,732)
-
(236)
(675)
(392)
-
-| |||**(13,035)**
-
(40)
(114)
(1,385)| |||**(1,539)**
(650)| |||**(650)**| |||**(15,508)**| |||**39,130**| 12 of 12 This page does not form part of the statutory financial statements