CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period Period start date 0109 2023 Period end date 31 08 2024 Charity name: Deganwy Playgroup Charity registration number: 1182908 Objectives and Activities SORP r8fer8nce Summary of the purposes of the charity as set out in Its governing document 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. We provide childcare for children between 2 /2 and full-time school age, including wraparound for children in nursery class at Ysgol Deganwy. We provide limited provision for children between 2 and 2/, primarily to support the Flying Start scheme. Our sessions run 08'.45-14'.45 on weekda s durin term time. Our services are available to all families in the community {subject to capacity) and offer highquality childcare at as low a price as possible. We satisfy both the 'public' and 'benefit' aspects of this requirement. 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 1.17and statement confirming whether the trustees have had regard lo the guidance issued by the Charity Commission on public benefit Para 1.18 Additional information (optional You ma choose to include further statements where relevant about.. SORP reference We do not offer grants. Para 1.38 Policy on grant making We further our purpose through our services, not through social investment. Our rese￿eS are held in a basic bank account. Para 1.38 Policy on social investment including program related investment We are not reliant on contributions from volunteers. The chair of our trustees volunteers in the setting once a week, but is not included in staff ratios. Para 1.38 Contribution made by volunteers Other Achievements and Performance SORP reference Summary of the main achievements ofthe 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. In 2022 we had a joint inspection by CIW and Estyn. Their findings were overwhelmingly positive, and their minor recommendations have been addressed. Para 1.20 We continued with our core activity of providing high-quality childcare, and we experienced high demand for places. Additional information (optional) You ma choose to include further statements where relevant about.. 1. Develop use of Welsh in the setting. We have continued to work on Welsh provision in the setting, introducing more Welsh songs and phrases to circle time. 2. Improve queuing system. We have reviewed our dropoff queuing system post-COVlD, finding a balance with a more relaxed system that still allows privacy for families to speak to staff when needed. 3. Strengthen resilience. We have continued to document our processes and train staff to avoid relying completely on one or two key people. Achievements against objectives set Para 1.41 The vast majority of our income is from fees and government funding. We do not have fundraising objectives. Performan￿ of fundraising activities against objectives set Paffj 1.41 Our reserves are held in a basic bank account. Given the relatively small amount, actively investing them would be disproportionate. Investment performance against objectives Para 1.41 Other Financial Review Review of the charity's financial position at the end of the period Para 1.21 We began the year with cash of £84k and ended it with £71 k. This loss was down to increased staff costs not being refleded in the funding rates we receive for our provision. Those rates have since increased, and we have increased our fees to families to put us on a sustainable footing. statement explaining the policy for holding reserves slating why they are held Para 1.22 We aim to hold a reserve of between 3 and 6 months of operating costs, in order that we can keep operating even if we lose our main sources of income. Abruptly slopping our services would be difficull 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. Amount of reserves held Para 1.22 At the end of the year, we held £71 k in ash, which is roughly equivalent to reserves since we have no material Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1.22 NIA Para 1.24 NIA Para 1.23 None. Whilst we have seen a loss in the current financial year, we still have reserves in our target range and a sustainable business model. Additional informatTon loptTonal} You ma 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 Para 1.25 Constitution How is the charity constituted? Y. g uiiiiiiorporated ,3Rsocialion. CIO) 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 cio Para 1.25 Election either by members {broadly our families) or by existing trustees. Additional information loptional} You ma 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 Charit name Other name the charit uses Re istered charit number Charity's principal address an Pla rou 1182908 DPLA Building Ysgol Deganwy Park Drive Deganwy Conwy LL31 9YB Names of the charity trustees who manage the charity DateB acted if not for whole ear Trustee narne Offi¢e lif any) Name of person lor body) entitled toa oint trustee ifan Jack Smith-Keegin Hannah Smith Chair Treasurer Leanne Owen Secretary Jess Owen Kirsly Scott Kerry Stamatiou 10 12 13 14 15 16 17 18 19 20 Cor orate trustees- names of the directors at the date the re Dirèctor name ortwasa roved Name of trustees holding titlè to property belonging to the charity Trustee name Dates acted if not for whole Funds held as custodian trustees on behalf of others Description of the assets NIA held in this capacity Name and objects ofthe 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 infomiation) Type of Name Address adviser Name of chief executive or names of senior staff members (Optional infomiation) Lisa Morgan, Manager and Registered Person Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other o tional information Declarations The trustees declaro thal they have approvod th• tntste8s' rwrt above. Slgn¢d on bchalf of tho Charity's trustees Slgnatsr•(s) Full nam¢(•) Position (eg Secretary. Chair. etc) JaGk Stnith-Keegin I lannah omith Chair Treasurer zC/6/zf Deganwy Playgroup Accounts For the Year Ending 31st Aug 2024 R•gistered Charity Number. 1182908 Contsnts B8l•nc* Sl*et Doganwy Playgroup Accountants R•port on tha unaudltod Accounts for D•g•nYry Pknygroup W•f•Pty¢M U*A¢*4un¢• rtyu* y••r•thg311tNJJtrA1%24 Ourthh* ethed outth I￿￿(danC￿￿1th 8edJon 43 altr¢ 19D3. ltliourA8pMB￿1￿￿fthrSrdkn 43(7)(blot Ut•fvLtlott08Btotthw￿￿ Pth41or haY80j￿1o￿r8lIOn1on. ￿r￿0¢¢dUMe4ntht0d th• atts)untino reccrfdts kepl by p**w*n¥ mklw Ilrt•d•r4vld¢i ¢ithsOffthrndthO Pthro •n*er•J necéwry lorihe puW8ttolth￿ R•port (•> tok•tp•o>>JnfjNJ SxlloTr4101th•1rt hwrtnolb•th n*t or 81 GLqn y Mor Rc•O LLJD JPF Deganwy Playgroup Detailed Receipts and Payments Accoun For the Year Endlng 31st August 2024 2024 2023 G•lpt• 118.810 10.988 133.003 1,924 Gr•nt8 FwOr• Other Incomè 186 Bank Intsml 1.332 736 Yotsl ft•Bolpts 129,210 141 L••• P&ym•nl• Equlpmen¢& M•l•thlB P¥r¢h•w. Gr￿￿ Fofyj & Snoc Wso6• & 8alAd•• P•n*on• 12,8741 12.1851 11.39BI 19721 1120.4621 13,063 17.084 15,1351 13.0261 fl.0501 1,8431 12581 Inlurw T•hphono9 & 8￿￿bInd ComputsrExF•M Prof•sthl F• 12271 15431 Jntw F¢•1 8thcrfpVon• Tr•lnlno 18731 15521 8371 12091 1819 180 B•nk ￿￿r0 Tot•1 P•ym•nti N•t 12 Deganwy Playgroup Balanco Sheet as at 31st August 2024 314ug44 31Aug43 htsr4J R•¥￿u& Cuh al Bank and In Harml 73,090 81.837 Cuff•mtL￿b￿lll4l POn￿¢fi- Nul 11,092) 11,092) N•¢ A•8•ts ¢Mh Fund• Cuh bfoMrdi Surplus forthoyowr 84.657 112,1301 n.771 1Q.886 YhwA¢eoynt••r• prnplrnd In a¢￿14￿￿¢0 ¥Ath Ih •p•¢knl pro¥l•l•n• otth• ¢Omp•nI￿ A¢12001 l M th• TrM•ur•r. h•r•by•ppr¢v• th•thh•d aBsounts on b•h•llofth•TN•tM•. D4t•d 2716125 Doganvry Playgroup Accountsnts Report on th• unaudltod Accounts for Dog•nwy Pknygroup Wfrrepxtrm th•PKt4xDlsftyth•Y08re￿31st￿￿ow12fj24 been Car￿d0th in 8ethn43otth• Ch8rlO68Pd 19￿. 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