2022-08-31-accounts - Deganwy Playgroup

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		SORP reference
Summary ofthe purposes the charity as set out in its governing document	of	Para 1.17	Our objects are to enhance the development and education of pre-school children in Wales, by encouraging parents
			to understand and provide for their needs
			through high quality pre-school provision
			and childcare.
Summary ofthe main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the		Para 1.17and 1.19	We provide childcare for children between 2/2 and full-time school age, including wrap-around for children in nursery class at Ysgol Deganwy. Our sessions run 08:45- 14:45on weekdays during term time.
accounts.
Statement confirming		Para 1.18	Our services are available to all families in
whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit			the community (subject to capacity) and offer high-quality childcare at as low a price as possible. We satisfy both the 'public' and 'benefit' aspects ofthis requirement.

				SORP reference
					We do not offer grants.
				Para 1.38
Policy on	grant making
					We further	our purpose through		our
Policy on	social investment			Para 1.38	services, not through Our reserves are held		social investment. in a basic bank
including	program		related		account.
investment
					We are not reliant on		contributions		from
				Para 1.38	volunteers.	The chair	of our trustees
Contribution volunteers		made	by		volunteers in the setting once a is not included in staff ratios.			week, but

Achieve	men	ts	formance
			SORP reference
				During this period we had ajoint inspection
				by CIW and Estyn. Their findings were
				overwhelmingly positive, and their minor
Summary ofthe main achievements ofthe charity,			Para 1.20	recommendations are already being addressed.
identifying	the	difference the
charity's work has made to the circumstances of its beneficiaries and any wider				We adopted a new fees policy that allows us to offer, in a fair and consistent way, a discount to families who are struggling
benefits to society as a				financially. We used the policy to help two
whole.				families during the period.
				We secured the services of an HR
				consultancy, Avensure, to help us bring our
				contracts and employment policies up to
				date.
				We continued with our core activity of
				providing high-quality childcare, and we
				experienced high demand for places.

ou ma choos	e to include	further statemen	ts whe	re relevant about	re relevant about
			1.	Improve outdoor area and introduce
				free-flow. We made a number of
Achievements	against	Para 1.41		improvements to our outdoor
objectives set				equipment, and free-flow is working
				well, with almost all children spending
				some oftheir session outdoors.
			2.	Develop children's and staff's
				confidence with Welsh. We continue
				to use Welsh as a key part of our
				routine, and have introduced more
				Welsh with the support ofa new Welsh-
				speaking member of staff.
			3.	Transition to the new Curriculum	for
				Wales. Staff have been trained and	we
				have purchased new play equipment	to
				fit with the new curriculum.
			4.	Offer differentiated play and learning
				opportunities for younger and older
				children. We have separated register
				and circle time into two age groups.	We
				have received training on strategies	to
				engage the youngest children.

		The vast majority	of our income is from
Performance offundraising activities against objectives	Para 1.41	fees and government funding. We do not have fundraising objectives.
set
		Our reserves are	held in a basic bank
Investment performance against objectives	Para 1.41	account. Given the relatively small amount, actively investing them would be disproportionate.
Other

Financial Review	Financial Review	Financial Review
Review ofthe charity's financial position at the end ofthe period			Para 1.21	We began the year with cash ofE55k and ended it with 268k. This was supported by a combination ofgood take up, high levels offunding through the Childcare Offer for
				Wales, and unexpected funding from local
				government.
Statement explaining the policy for holding reserves stating why they are held			Para 1.22	We aim to hold a reserve of between 3and 6 months of operating costs, in order that we can keep operating even ifwe lose our
				main sources of income. Abruptly stopping our services would be difficult for families
				and very disruptive to the children in our
				care.
				We began the year within this target range and ended the year slightly above it.
				Trustees decided to set aside some ofthe
				surplus reserves to cover the cost of
				Avensure.
Amount ofreserves held			Para 1.22	At the end ofthe year, we held E68k in
				cash, which is roughly equivalent to
				reserves since we have no material
				liabilities.
Reasons for holding zero			Para 1.22	N/A
reserves
Details offund materially		in	Para 1.24	N/A
deficit
Explanation ofany uncertainties about the charity continuing as a	going		Para 1.23	None. We are in a strong and stable financial position.
concern

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

Description of charity's
trusts:
Type ofgoverning document	Para 1.25	Constitution
jill 5!. C'jl-~C!C	l "C)K. t C l','.ll t .j I
How is the charity	Para 1.25	CIO
constituted?
,'C.'.Cq C!l!ll i&.'C) t ,'.;C)i".;",i,;".C'.
assoclacfc) I"!,CIQ'
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of	Para 1.25	Election either by members (broadly our families) or by existing trustees.
any person or body entitled
to appoint one or more
trustees

Additional information	Additional information	(optional)
You ma choose to include further statements			where relevant	about:
Policies and	procedures
adopted for the induction		Para 1.51
and training	oftrustees
The charity's	organisational
structure and	any wider	Para 1.51
network with	which the
charity works
Relationship	with any related	Para 1.51
parties
Other

Name	s ofthe charity trus	s ofthe charity trus	tees who manage	the charity
	Trustee name Trish Holland		Office (ifany) Chair	Dates acted ifnot for whole ear	Name to a	ofperson (or body) entitled oint trustee ifan
	Jack Smith-Keegin		Treasurer
	Helen Wilson		Secretary
4	Leanne	Owen
5	Sammie	Pritchard
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