Charlty R*yi8tratlon No. 1181203 GREENFIELD PLAYGROUP ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 AZETS
GREENFIELD PLAYGROUP LEGAL AND ADMINISTRATIVE INFORMATION Tfust Ms S MhY kls L G?Hagher (Appointed 21 October 20211 IAppoint•d 21 O¢tob•f 20271 MS AW•rren•Ad¥ms Ch•Tty #umb•r 1181203 Prlnclp•l addrn•s IA School Lane Greertfigld Howell FliTrtshire United Kingdom ¢H8 7HR Ind•p•nd•nt •x•mln•r Az•tsAudrt S•rvic•$ Firnt Floor Unrt $5 Fforéd Wlom Morgan StAsaph 8usin•ss P•rk Sl A$aph Unrt¢d Kingdom LL17 OJG
GREENFIELD PLAYGROUP CONTENTS P•¥• Trust••s' r•port St•teThnt of trnst••$' r•spon$ibilrt&?s Ind•p•ndenl tsx•minefs r•port St•lem•Trt of finafteial a¢lMties Nobs to th• finar*al statefflents 7-12
GREENFIELD PLAYGROUP TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2022 Thè trustee$ present thew •nThuJl rèport and fin•nci81 statements for th• yr end•d 31 August 21722 The f nancial st•tement5 have been Pfèpared In ?ccordance wth the 8etour&lng polKie$ set out in note 1 to the financial statements aDd Comply wrth the charty's deed of trust. the Charthes Act ?011 and "Accounting and Reporting by Char<¢ie$ Statement of R•commgnded Pra¢k¢e 8pplicable to Char85 prep8nng their aceounts In accordance wth the Finan¢ial Rèporting St8nd•rd applicable In the UK and R•publK ol Ir•lanty IFRS 1021 leffe¢trve 1 January 2019r Obj•ctIv and •¢tfvlV• The objectwe of the Charty Is to enhanee Ihe devebprnent and educatK)n of children under statutory sehool age by ¢neouraging parent$ to understand and prowde for the netd of their ehlldren through communty groups The tru$tèes have paid due regard to guid8n¢e Issued by th• Ch¥rrty Commission m decidin9 what 8¢tiviiies the charity 5ho¢Jld undertoke Achlevement •nd perform•nce The charity is a small playgroup in Greenfiehl, Flintshire. North Wales The charity provides pl8ees for LSP to 25 children and run sessions in th¢ moming and afternoon The are currenuy SLX mernber5 01 stsff Finan¢lal review Income This Is derived Irvm the p510n ol serv$, grant incorne. fundratSin9 and sorne Investment incom8 The totsl for 2022 anUnted to £44.83712021. £52,632) Expendlturè Expendrture lor the year ended 31stAugu512022 was monitored eonlrolled and in¢rèès•d as approprLe Unre$tricled incoming resourees OFrn)unted to £44.63712021. £52,632) and total sJnre$trthd resources expendèd amounted to £66.066 12021, £66.2421 fesuthg In an uni•stncted deficrt frsr the year of £21,22912021", £13.6fO deficrtl. There werg Tro restneted inMing resources or expenses in 2022 or 2021 The trustèes have assessed the major risks to which the charty exposed. and ère Satised that systerTY6 arè in place to mitsgate exposure to the major roks Structure, governance and management The ch8rrty Is conlrolled by rts governin9 dowment. a tleed of trust. ond c0Tr5trtut85 an unineorporat•d charty The truslees who served dunTrg the year and up to the date of signature of the fthanclal statements wer Ms S Murphy Ms L Gallagher M$ 14 Warfen-Adams (Appointed 21 October 2tr211 IAppoini•d 21 October 20211
GREENFIELD PLAYGROUP TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 St•t•m•nt ot Publle 8enefft Th• objeth• ol Gro6nllok1 Plthygroup os r•port•d to th• Charity Commrasion bs to run ? pl•ygroup in Greenfkl. Flintshir•, North Wjles Th•T• •f• plae•s for up lo fyvenly-fve chihlr•n and se$$n5 are run in the morning and afternoon Th• Iruste¢s hav¢ lak¢n not• of th• Chanty Con455.S gu#0 oh public benefif and trpjst thal thrf r•port reftects tat guidgnce Greenfield Playgroup d*¢har9e$ rts respofisibility undè¥"publi¢ benefrf, by prowding s•rvie•s for the ehibjren. thèir p•r•nts. famity Mom•15 and Ihe 7Mdei community Th• tru6t••$' f•port W•$ BPPfov•d by th• Boafd otTfUSte•s Ms S Murphy TruBtee Date Ix I s l .ZC+ES
GREENFIELD PLAYGROUP STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 AUGUST 2022 The trustees are responsible lor preparing the Tw$tees' Report and the financial $latèmenl$ Irb occordaneè wrth applicable law and Unrted Klngdom A¢utIng Standards IUTrrted Kingdom Generally Accepted Aecounting Practe1. Thè law applicable to charits in England 8nd Wales reque5 Ihe trustees to prepaTr financi81 stslerntnts lor ?èeh financ1 year which gNe a true arsd fa view ol thè stste ol 8ff8irs ol the charity and of thè incoming resources and application of iesource5 01 the charity lor th* year In Preptsring these financial ststèments, the trustèès are Tequrèd to - seled $ult8ble accounting polIc6 and then apply tham consrstenlly. - obserye the method8 and prlnelples in the Chanthes SORP, . make judgements anil estimatss Ihat are rg8sonabl• and prudènt: - State vthether applieable accounting stsndards hav• been follTh¥ed, subject to any rnaterial departlfrrés di59d and explèined In the fmaneial statements. and prepare the financial statsmtrnts OD the golng basis Un$S rt 15 inappropriate to pr•sume that the ch8rty 11 continue In opeT8tion The trustees are respOnSle lor kogping $uffici¢nt accounbn9 r•cords that disdo$e wth reasonabla a¢IracY at any timè the finan¢ial pos0 of the charty and enable them to ensurè that the financial statements compty wrth the Charitie5 Aet 2011. the Charty IAccouftts and R•portsl ReguLabon$ 2008 and the prowsions of the trust deed They are also r¢spon$ible fol safeguardin9 the assets of the charrty and hence for taking rnasonable steps for th• preventson and d9tèctn offraud and other iimgularthes
GREENFIELD PLAYGROUP INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GREENFIELD PLAYGROUP I report lo the trustees on my examinalh)n ol the financial slatemenls of Greenfield Playgroup Ilhe chartyl lor the year ended 31 Au9u$¢ 2022 Responsibilftle6 and basls of report As the trusteès of the charity you are responsible for th• prepèratp)n ot the finoneial stalements in accordance wilh the iequirments ol the Charrties Act 2011 (the 2011 Aeti l pOrt in r¢$pect ol my eX8nl10n of thé ¢h¥ntys financial StatentS carrie(J out undtf s•cbon 145 of thè 2011 Aet In carrying out my examifiatn I have followed all the 8ppli¢8ble [hTectnS gwen by tho Charty Commission under Section 14515llbl of th¢ 2011 Act. IndopÈndènt èxmlnees ststement Your attention is drawn to the fact that th• charity h95 prepareé financial stslements In aceordancè wth Accounting and Reporling by Charrties pr6paring their aecounts in accordance wrth the Financial ReJ)ortiThg Standard applicab In the UK and Republi¢ of Ireland IFRS 1021 In preference to the Ac¢ounb"ng and RepOThg by Charities Statemenl of ReeommtTrded Prdctice issued on 1 April 2005 whlch is refèrrèd to In the extant regUlatlfis but has now beèfi withdrawn l understand that this has beèn done in order for financial 5taternent5 to provide a Irue ané fair view In 8c¢ordance wrth Gener811y Accepted AecouThbng Practice effectNe for reporting penods beginning on or altèr 1 January 2015 I have completed my examinatTr I confim that no matters have come lo my att8ntton in ¢onneetion wrth the examination gNins me cause to belvève that In any materrdl respect" 8ccounting records were not kept IA respect of the charrty as rèquired by seclKJn 130 01 the 2011 Act, or the Iinancial st8terrent$ ¢Jo not accord wrth those Tr¢ord$ or the fin?n¢al $talements do not comply wth the appltsble requirements concefning the form and content of accounts set out In the Charrties (Accounts and Reports) Re9ulations 2008 other than any reqUireTrt th8t Ihe accounts gNè a tru and fair view wtth Is not a matter wnsidered as part of èft independent examinat¢on I have no concerns and have eorrE acro¥$ no other trotters in connection wrth the eXaMinatn to which attentson Should be drawn In this report In order to enable a propel understsnding of the financi815tstements to be reaehed Jonathan Ward FCA Azets Audrt Services First Floor Unrt 55 Ffordd William Mor98ft St As8ph Business P8rk SI As8ph LL17 OJG Unrted Kingdom Dated
GREENFIELD PLAYGROUP STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGusf 2022 Unf••trkted UfirMlrkt•d fvnd• Ivnd• 2022 2021 Donations and gr8nts Charrtable a(aMi5 Cther tr•ding aGtr¥rtffj# Investments Clher incom• 43.291 52.451 738 97 175 Tot•1 Meom• 44.837 52,632 Ch•thbl• aclMtr•$ e8,LN88 e8,242 Net exp•ndlbJr• for th• y••fl Net mtsv•ment In fvnd• 121.2291 113.6101 Fund bol•ne•s at 1 S¢pt•mt•T 2021 55412 69,022 Furéd b#J#n¢•• at 31 Augu•t 2022 34.183 55.412 Tho St*t•m•nt of flnand•l aclfvrtkns indudes •ll •nd b86e$ r•¢tyJnls•d kn th• y••1 I Ineomo and •xpendrtUf• d•riv• from tt•nt¥iury ocbvth8
GREENFIELD PLAYGROUP BALANCE SHEET AS AT 31 AUGUST 2022 2012 2021 Not•• Curf•nt •et8 Deblo C•$h •t bank and In h•nd 13 199 ,592 34.973 35,383 56,791 Crlt0. amounts llllTrq du• wlthl on• year 14 11.1801 {1.3791 N•t ll•nt ass•ts 34,183 55,412 In¢orn• fund• nre Dèstynatèd funds G¢noral unrestrKted funds 1S 33,500 6e3 S5.(x)O 412 34.183 SS,412 34,183 55412 The financial statements w•r• •pproved by th• Twstsfrs on LknAduJ 171311015 M5 A lVarrèn-Alirns Tru•t••
GREENFIELD PLAYGROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 A¢countlng polk8 Charfty Information Greenfield Playgroup Is an unincorporated chaTrty controlleLI by rts governing document, a dted of trust The principal address of the charty is Communrty Centie. School L8nE, Greenfield Flinlshire CH8 7JW 1.1 A¢¢ou#tlng convention The financial stalernents have been prep#fed in ¥ccorOence ¥th the charitys Igoveming do¢¥rrnti. the ChaFilies Ad 2011. FRS 102 'The Financial Reporting StanLlard applicable In the UK 8nd Republit of Ire18nd' I-FRS 102-1 znd the charits SORP "Accounting and RepDrtln9 by Chairties Stfjtsmtnt of Recomrnended Practice applrcabk to charities preparing th¢ir aecounls in acrdanCe wrth the Fillznci81 Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021" leffectwe 1 Januery 20191 The eharty Is a Public Benefit Enbty as definèd by FRS 102 The ch$rrty has tsken advantage of the provision$ m Ihe SORP for thènties not to prepare i Statement of C•sh Flows The financial stattmenls have departed ftom thÈ Charities IAccounts and Reports) Regulations 2008 only to the exlent requsred to prowde a tme and fail view ThL% rtteparture has Invoe0 following the siaiement of Recommended Pr8Ctice fr•r charities apptying FRS 102 rather than the ver510n ol the Ststement of Recornmended Prgdice which is referreé to in th2 Regulations but which has since been wrthdrawn The financial stalements are prepaTe¢J in sterling. which Is tae lunction81 ¢urrency of the chanty Monetary amounts In these financial ststement5 arè rounded to tho nearest £ rhe frn8n¢ial 5t•temÈnts hav• been prepored und•r th• trilStor1¢81 cost convention Th• principal accounting pol¢c5 adopted are set out below 1.2 Going ¢oncefn At the time ot 8pproiring the financial statements. the trustèes have a réasonable expectatTr that the charty has adequate osources to conlinue In operational ¢IStenCe for the foreseeable futu Thus the twstees continue lo adopt the going concern è8515 of aecounbng In preparing the financial $latements 1.3 ¢harit8ble fund$ UnTe5tfLled hJnds are availablè for usè at diser•tion ol the truslees In furthtranc of thtir thèfrtable objectives 1 4 Income and expendttu Inco Is tognIsed when the chafity is legally Ènlrtled to rt after any p¢rformanc8 condrtions have ben the anut5 c8n b& me#sure(l liablY. and rt 15 probable that Inctsme will be ceiVed C85h donaton$ are recognise4 on receipt Other donatsofts are re¢ognise(J once the chanty has been notified of the donabon, unless performance ¢onditions requjre deferr41 ol the amount Income lax rtcoverable In f¢lation to donalions reteived under Gift Ai¢J or deeds tsf covenant Is rècognised ai the time of the donatn Expondrturt is recognised onc6 there 15 0 legal oi consliu¢iw¢ obligation to transfer econornic benefil lo a third p8rty, rt Is probab that 8 tfansler ol e¢OnOm b(tnelrts will be requir8d in settlement and tho amount of ttte OOligaiioD can be fflea5ured relrobly E01111Ure is classilied by acbvrty The costs ol e0¢h activrty awè made up of Ihe lotal ot dired ¢OSls and shafed costs Intlud¢ng support cosls iThvtslved In undertaking each atljvrty Difèct costs attiibutable to a 51ngle acbvrfy [¢ o11gLèted diiÈclly Its thal a¢l)vrty Shared cosls whh contribule lo mole Ihan one activity and gupptsrt costs which aré nul attributable 10 a 51r¥gle acbvrty ale apportioned between those aclivtlies on & bas15 Loris+stent virth IhÈ USÈ ol resource5 Central slaN c05t5 are alloLaled on Ihe b•515 ol $ptsni and (TPFetiatio¥i chafg*s ar¢ allated Dri Ihe POrtn of the assel's use
GREENFIELD PLAYGROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUEO) FOR THE YEAR ENDED 31 AUGUST 2022 Accounting polic40s Icontlnuedl 1ts Cash and ¢a8h •gulvalents Cash and cash equNalenls Ineluda 5h In hand, d•posts held 01 call wth baTrks. other 8hort-term liquid Invèstments with 0ri94nal maturities ol three InthS or less, and bank overdrafts. Bank 0rI¢fi5 are shown wrthin borrowngs in eurr?nl liabilittes B•sle Iln•nci•l Il•blllt1•5 Basic finAnci81 liabilthès. including erèdrtors #nd bank loans are initially rèeooni5ed at trarssaetion pn¢• unlo$S Ihe arrangtmtnt consb"tutes 8 financing transath"on. where the debt Instr4Jment 15 measured at the present value of the future payments dsscounled at a markèt rat8 of Intèrest Financial liabilrtiès classifed as payable vAthin on year ar¢ n¢t #mo.sed Debt mstruments are subséquenty Carried at amrt15ed c051 usin9 the effectNe Inte51 rate method Trade ereditors are obligations to pay lor good5 or services tho1 have been acquired in Ihe ordinary coursè ol operatsons from 5uppII8t6 Amounts payable are d8851fieL1 as current Iiabilrties If peyment is du• wthin one yeor or léss If not, they are presented 8$ non-current Irdbilsties Trade cred((ors are r8Cg9nised Initially at transaCtn pnce ar subseguenlly nasurad at amgrtiseil cost using the eflèctwe Interest method D•r•cognltlon of financl41 Il•bilili•$ Flnanei81 liabilityès are defecognised when the charty's contractual otybgations expire or are dischaigad or eancelled 1.6 Employee benef The cost of •ny unused holKlay entitlement Is rtcognised in the penod in Ihe employèè's services are receNed Termination beneffts ar• r8cognis•d Immèdiatèly as an expense vthen the tharty Is demonstrably eornmthd to terminote the ernployrnent of an employee or lo provide tefminalion benefrts 1.7 RtrtlRm•nt benefbts Paynnts to defined contnbuts)n retirement b•Trèffit schemes are chargèd as an •xpènse a$ 1hey f&ll due Critiul accounting •timt•s and judg•ments In the application ol the charity's aeeounting polieies th? Iru$le•s arè required to make judgements. ¢stimat•s and a55urnpbons 8boul the ¢arrying arUnt of assets and liabilibes that are not readily apparent frorn olher souiees The estityotes and •ssockqted 8S5umptions are based on histoneal txperienc8 ond other faclors that are con$ideTe(F lo be rel8vant. Actual rnsults may diller trom these eskn'males Th¢ eskn"mètes and undertying *ssumptions are revKw•d on an ongoing basis R•visioTrs to accounting ¢sb"mates are recognL8ed in the penod in which the 8stirn8te is revised where the fevision affvcts only that period. Of in the period of the revBion and fvtur• penods where thg ftvlsion aff¢et5 both current and fulu period$. There are no c¥itKal ac¢ounbn9 èstimates orjudgemertts Donatlons and gwants 2022 2021 Granls 43.291 52.451
GREENFIELD PLAYGROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2022 Oon•iioni ftd qr•nts l¢•ntlnu•dl Gr•nt• Tec¢l¥bl• lor cor• etlvltl•• F¥nlshire County Council- Flylng St¥rt F&nlshlre County Counci- E¥rty Enlttemenl Fknlshire County Counul- R•uuit, Recover. R•is• Stand•rd5 Flinlshir• Cgynty Counul . Plan in lh• Mornent Fh'nlshire Couftty CouDul- Uwilt for 2022 FlintshI County coUn- Wnttr glth#b•¥ng Coronaviwus Sypport 28.930 7.770 4.350 22.365 24.390 1.500 821 43.291 52,4S1 Fundrl•lng 2022 2021 FuThdr•r4ing fftnts 738 Chartt•b •ctlvlll•• 2023 2021 P•r•nt¥' F••k In¥•stm•nts 2021 l•rnst rn£ty1• rxh•r lcom• 2022 2021 Othof ineom• 97 175
GREENFIELD PLAYGROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Charitable activl£ie$ Ch*rlt4ble Charltable Expenditure Expenditure 2022 2021 St8ff costs Equipment and resources Rent and u.Irt Telephone Consumables and sundries Training Outin95 and evenls Svbscnptions 47.481 1.325 10,256 926 2,472 162 50g 52.675 3,716 1.950 1,718 290 63.272 61 153 Share ol support eost$15ee note 91 Share ol govèinance costs Isee nole 91 480 2.314 443 4,646 66.066 66,242 Analysls by fund un$tricI¢ lunds 66 066 66.242 Support Costs Support Governanee Costs 2022 Support Governance ¢0Sts 5ts 2021 Insurance 480 4BO 443 A¢ntanCY 2.314 2.314 4.846 4.646 2.314 2,794 443 4.646 5,089 Analysed betwten Charitable aetwitres 480 2,314 2.794 443 4.646 S,089 Governance c0513 In¢lude$ payments to the JccouTrlanls 01£2,31412021 t4.6461 lor aecounfaTrcy fves 10 Trustees None ol the Iwstees lor any person5 connecle(I wrth Iheml ie¢eNed any rèmune¥alion or benefits from the ¢harrty dtjiing the yeaf io
GREENFIELD PLAYGROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 11 Ernplgy• The mrng• monthty nurTthrolthployw$ duiing Ihe year 2022 Number 2021 Nymb•r EmpltyymBnt eo•l• 2022 2021 Wag•s •nd iai•ries h•T peft3n co$t$ 47.230 2S1 52.401 274 47.481 52.875 Thor w•r• no ryiloy•¢s %thos• •nnu•l remjneratitin rnrè ihan £60,000 IZ T4xtlon Th• Charity 15 •xerftpt trom on meom• anl gairs falling wkhin seclion 505 01 tho T•xes Act 1988 Of $gctiOn 252 of th• T•xationof chargeab Gains Act 1992 to èxtent thotthes• are applied lo its charrtable objects 13 Wtor• 2022 2021 Amunt• f•lllng due whin on• r. Prepbym•nts thnd •u•d 390 199 14 CredMow¥: •Mou f•lNng duo wSthln on• year 2022 2021 Clher t•x•tty)n •nd I•rtY Olher cre¢Yitors Accfwils tynd d•fotr•d Ineom• 978 1,001 1.180 1,379
GREENFIELD PLAYGROUP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 15 Oe•lgnat•d lunds rhe income fvnds ol th• charity indud• th• following d05ignated lunds %thich ha been set aside Out of unreslri¢ted fvnd5 by the trustées fof spe¢ifj¢ purposes alnc• at I SqpIemr Trnn¥f•vs BInCe at I S•ptember 2021 Trnnsler4 31 Augu*t 20z2 De$Trated frjnd 80.000 Is.¢)001 55.000 121.5001 33.500 60.000 15.0001 55.000 121.5001 33,500 Included In unr•sttheted funds are desigr¢ate¢J funds as follows" The trustees plan to designate funds to an amount equal to sty rnonth5 expen5e5 when available At present, vailable funds means the amount is £3.50012021- £25,(0) The trustees have designated funds lo an amount equal to provi510n for stsff redundanei•s at £30.00012021 È30,¢)001 16 Anatysls of n•t •5wts bgtween fund¥ Vnre•tricted Unr05tricted lund¥ lunds Z022 2021 Fund balances at 31 August 2022 are fepre$#nted by" Curren¢ os5etsllliabihts.esl 34,183 55.412 34.183 55.412 Total unrestriced fiJnd$ amounted lo £34.18312021 £55,412) Thè unrestriced fijnds have been splrt behveen designated funds at £33 50012021 £55,000) and general unrestrieled funds at £68312021 £4121 17 Related p•rty ¢r•nsactlon8 Thère no disclosable related party traTrsactK)ns during tht y•af12021 none) 12-