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2023-04-05-accounts

Trustees’ Annual Report for the period

From 06/04/2022 To 05/04/2023

Charity name: MOORGATE EARLY YEARS CENTRE

Charity registration number: 1775215

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To provide a high quality of care and
facilities for recreation and educational
development to those children under the
statutory school age.
To enhance the development and education
of children under statutory school age by
encouraging parents to understand and
provide for the educational, developmental
and other needs of their children.
To provide the necessary facilities for the
daily care, recreation and education of
children during out of school hours including
school holidays.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.		 Para 1.17 and
1.19		 Providing purposeful activities for early years
children for them to learn through play. To
ensure that all children’s needs are met and
they progress in their learning and
development.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 As Trustees, we have regards to the
guidance issued by the Charity Commission.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related

investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 Munchkins childcare is continuing to provide
childcare for early years children. We are
teaching our children through purposeful
play to develop their learning and
development.
Munchkins childcare meets the needs of the
community, reaching out to vulnerable
children and making referrals for children
and their families that need multi-
professional support.

Additional information (optional)

You may choose to include further statements where relevant about:
Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41

Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 Munchkins position remains positive.
Munchkins Childcare have been able to
provide good and effective childcare for the
period. No monies owed.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 We hold 3 months wages in reserve to cover
any pay in the event of redundancy.
Amount of reserves held Para 1.22 £45,000
Reasons for holding zero
reserves		 Para 1.22
Details of fund materially in
deficit		 Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 CIO Foundation Constitution
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction and
training of trustees		 Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name Moorgate Early Years Centre
Other name the charity uses Munchkins Childcare
Registered charity number 1175215
Charity’s principal address Moorgate
Ormskirk
Lancashire
L39 4RY

Names of the charity trustees who manage the charity

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 Trustee name Office (if any) Office (if any) Dates acted if not for whole
year		 Dates acted if not for whole
year		 Name of person (or body) entitled
to appoint trustee(if any)
Gemma Hampson
Paul Nelson
Sarah McDonough
Rachael Towersey
Corporate trustees– names ofthe directors at the date thereportwas approved
Director name
Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) G Hill Full name(s) Gemma Hill Position (eg Secretary, Setting Manager Chair, etc) Date 22/08/2024

Registered Charity Number :- 1175215

MOORGATE EARLY YEARS CENTRE a Charitable Incorporated Organisation FINANCIAL STATEMENTS

FOR THE YEAR END 05 April 2023

MOORGATE EARLY YEARS CENTRE MOORGATE NURSERY SCHOOL & MUNCHKINS CHILDCARE MOORGATE ORMSKIRK 01695581714 sarahoneyman@munchkinschildcare org

MOORGATE EARLY YEARS CENTRE

CONTENTS

FOR THE YEAR ENDED 05 April 2023

STATEMENT OF FINANCIAL ACTIVITIES ................................................................................................................ 3 BALANCE SHEET ........................................................................................................................................................... 4 NOTES TO THE FINANCIAL STATEMENTS .............................................................................................................. 5

MOORGATE EARLY YEARS CENTRE

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 05 April 2023

Recommended
categories by activity		 Notes Unrestricted
funds
£		 Restricted
income funds
£		 Endowment
funds
£		 Total Funds
2023
£
Incoming resources
Income and
endowments from:
Donations and legacies 2 45,357.85 0.00 0.00 45,357.85
Charitable activities 3 225,597.73 0.00 0.00 225,597.73
Other trading activities 4 105.00 0.00 0.00 105.00
Total 271,060.58 0.00 0.00 271,060.58
Resources expended
Expenditure on:
Charitable activities 5 212,784.67 0.00 0.00 212,784.67
Total 212,784.67 0.00 0.00 212,784.67
Net
income/(expenditure)
before investment
gains/(losses)		 58,275.91 0.00 0.00 58,275.91
Net
income/(expenditure)		 58,275.91 0.00 0.00 58,275.91
Net movement in funds 58,275.91 0.00 0.00 58,275.91
Reconciliation of funds:
Total funds brought
forward		 0.00 0.00 0.00 0.00
Total funds carried
forward		 58,275.91 0.00 0.00 58,275.91

MOORGATE EARLY YEARS CENTRE

BALANCE SHEET

FOR THE YEAR ENDED 05 April 2023

Recommended
categories by activity		 Notes Unrestricted
funds
£		 Restricted
income funds
£		 Endowment
funds
£		 Total Funds
2023
£
Current assets
Cash at bank and in hand 6 58,548.91 0.00 0.00 58,548.91
Total current assets 58,548.91 0.00 0.00 58,548.91
Creditors: amounts
falling due within one
year		 7 273.00 0.00 0.00 273.00
Net current
assets/(liabilities)		 58,275.91 0.00 0.00 58,275.91
Total assets less
current liabilities		 58,275.91 0.00 0.00 58,275.91
Total net assets or
liabilities		 58,275.91 0.00 0.00 58,275.91
Funds of the Charity
Unrestricted funds 8 58,275.91 58,275.91
Restricted income funds 8 0.00 0.00
Endowment funds 8 0.00 0.00
Total funds 58,275.91 0.00 0.00 58,275.91

The financial statements were approved by the Board on 09-Jan-2024 and signed on its behalf by:

MOORGATE EARLY YEARS CENTRE Gemma Hill

MOORGATE EARLY YEARS CENTRE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 05 April 2023

1 Accounting Policies

1.1 Accounting Policies

1.3 Going concern

2 Income from Donations and Legacies

Unrestricted
funds		 Restricted income
funds		 Endowment funds Total funds 2023
Analysis £ £ £ £
General grants
provided by
Government/other		 45,357.85 0.00 0.00 45,357.85
charities
Total 45,357.85 0.00 0.00 45,357.85

3 Income from Charitable Activities

Unrestricted
funds		 Restricted income
funds		 Endowment funds Total funds 2023
Analysis £ £ £ £
Sale of service 225,597.73 0.00 0.00 225,597.73
Total 225,597.73 0.00 0.00 225,597.73

4 Income from Other Trading Activities

Unrestricted
funds		 Restricted income
funds		 Endowment funds Total funds 2023
Analysis £ £ £ £
Events 105.00 0.00 0.00 105.00
Total 105.00 0.00 0.00 105.00

MOORGATE EARLY YEARS CENTRE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 05 April 2023

5 Expenditure on Charitable Activities

Total funds 2023
Analysis £
Charity management &
administartio		 36,066.08
Charity running cost 6,853.82
Employee costs 4,310.83
Wages and salaries 164,694.46
Staff costs 859.48
Total 212,784.67

6 Cash at bank and in hand

Total funds 2023
£
Moorgate Early Years Centre 58,548.91
Total 58,548.91

7 Creditors: Amounts falling due within one year

Total funds 2023

Total funds 2023
£
Trade creditors 273.00
Total 273.00

8 Charity funds

8.1 Details of material funds held and movements during the CURRENT reporting period

Fund Fund
Fund names balances
brought		 Income Expenditure Transfers Gains and
losses		 balances
carried
forward forward

NOTES TO THE FINANCIAL STATEMENTS

MOORGATE EARLY YEARS CENTRE

FOR THE YEAR ENDED 05 April 2023

£ £ £ £ £ £
Unrestricted funds
General Fund 0.00 271,060.58 (212,784.67) 0.00 0.00 58,275.91
Total 0.00 271,060.58 (212,784.67) 0.00 0.00 58,275.91

8.2 Transfers between funds

This Year

Amount
£
Between unrestricted and restricted funds 0.00
Between endowment and restricted funds 0.00
Between endowment and unrestricted funds 0.00

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees
On accounts for the year
ended
Set out on pages		 MOORGATE EARLY YEARS CENTRE MOORGATE EARLY YEARS CENTRE MOORGATE EARLY YEARS CENTRE
05/04/2023 Charity no
(if any)		 1175215
7

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05/04/2023 . Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’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 The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of ICPA.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

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.

Date: 09/01/2024 Signed: Judit Leszkovar Name: Judit Leszkovar Relevant professional Certified Practising Accountant qualification(s) or body ICPA :JLB010 (if any):

Oct 2018

1

IER

Address: J.L Bookkeeping and Advice Services Ltd

Paddock Business Centre, 2 Paddock Road Skelmersdale

WN8 9PL

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

N/A

Oct 2018

2

IER