## Freda’s Community Playgroup and Pre-School CIO Annual Trustee Report 2023-24 Academic Year Freda’s is a community nursery which provides Government funded and non-funded childcare. We currently have 77 children on role with 3 of these having additional support and receive inclusion funding and 1 has an educational health care plan. Our provision is for children aged 6 months to five years, and we have three specific rooms: a baby room for 6 months to 18 months, a toddler room for 18 months to 3 years and a pre-school room for aged 3 and above. Over the start of the 2024-25 academic, year we have increased our staffing from 12 to 15. This is due to a number of factors including the amount of Government funded hours that children are entitled to, some staff seeking fewer hours and an increased demand for places throughout the nursery. We will seek to employ another full-time staff member over the summer ready for a September 2025 start date when Freda’s will increase the number on roll to 80 which will again rise in January 2026. Increased staffing has allowed for a ‘floating’ staff member who has been able to help as an extra person in rooms, organise exciting activities for the children and to go on more trips and excursions. With more planning time available, we have organised more professionals to come to nursery to speak to the children about their roles, for example, vets, fire crew, postal workers and ambulance workers. We have also moved some of our staff into different rooms according to their strengths. Our profits this year have come from (full financial details are attached as part of our Charity Commission annual submission): - Fees and funded hours. - Fundraising events such as Langcliffe teas, raffles, Easter Bingo, Freda’s Fun Day, stalls at local fates, and sponsored pumpkin hunts. - A £92,145.00 grant which was awarded to us during the 2024-25 academic year from the Expansion Grant Funding Scheme. This was given to support the building works for the new nursery and has been capitalised in readiness to offset against capital expenditure as it arises. We continue to transfer a significant % of annual profits into the building fund account. This will be spent on building a new, fit for use nursery which Freda’s hope to move into during late 2025. The current building is not now large enough to support the increased demand for places and renewal of the current lease continues to be challenging to extend. A new nursery will allow for a free-flow building and cater for increased numbers of children. As usual, we continue to spend on providing new resources for the nursery including outdoor toys, equipment and gardening resources, enhancing our baby room to create more places for younger children accessing funding including a wooden role play kitchen. Our Manager, Gemma, has a very good relationship with her employees; she is organised, thorough and is supportive. This year she has implemented a well-executed training procedure to make sure all staff are fully equipped to take in hand and be confident and competent with daily problems such as allergies, hygiene and first aid. She has secured depth in training in all the staff, which was one of our areas for improvement in our latest Ofsted report. She and the Assistant Managers have developed each of the rooms this year, identifying areas which needed improvement and enhancing them to allow our children a calm and homely environment. Gemma has a fantastic rapport with all of our parents and fully understands the need to be flexible, this in turn has given the nursery a reputation of being nurturing and reliable and is the main reason why we have 77 children currently on role with more to follow. Rebecca Mercer (Chair) 21[st] May 2025 Independent Examiner's Report to the Trustees Freda's Community Playgroup and Pre-school. I report on the accounts of Freda's Community Playgroup and Pre-school for the year ended 31 August 2024. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144{2) of the Charities Act 2011 (the 2011 Act). It is our responsibility to: examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the general Directions given by the Chartty Commission under section 145(5)(b) of the 2011 Act: and state whether particular matters have come to our attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair Vie￿ and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has Comi 8 to my attention: which gives me reasonable cause to believe that, in any material respect, the requirements: to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met: or to which, In my opinion. attention should be drawn in order to onablo a propgr understanding of th& accounts to be reached. Mrs Diane Wellock Chartered Accountant Unit 24, Skipton Auction Mart Gargrave Road Skipton North Yorkshire BD23 1UD Profit and Loss Freda's Community Playgroup and Pre-school CIO Forthe year ended 31 August 2024 2024 Turnover DH WFRU {Milk Claims) Fees {intluding lunches) Fundraising for Equipment NYCC 892.84 200.687.71 3.276.37 80,682.00 Other Revenue 500.00 Uniform 59.00 Total Turnover 286,097.92 Cost of Sales Externally provided nursery sessions Milk 165.00 865.65 Pensions Costs 2,977.69 Salaries (inc. employer'5 NIC) Settle College Lunches Staff Training Total Cost of Sales 177,380.83 12,627.02 330.00 194,346.19 Gross Profit 91.751.73 Administrative Costs Advertising & Marketing Audit & Accountancy fees Bank Fees 39.00 300.00 105.60 Cleaning Clothing Depreciation General Expenses In5uranco 1.112.01 406.92 444.69 1,215.95 1.2SS.98 IT Software & Consumables 1.000.54 Other Equipment Play Equiprnent Printing & Stationery Rent 3,583.09 1.699.83 1,162.97 4,725.IXI Repairs & Maintenance Snacks 1.164.22 3.632.27 Subscriptions Telephone & Internet TV Licence 796.57 1,452.18 159.00 Total Administrative Costs 24,355.82 Operating Profit 67,395.91 Profit and L055 Freda'5 Community Playgrovp and Pre•School CIO 24 Mar 2025 Page lof2 Profrt and Loss 2024 Other Income Fundraising for New Build Fundraising Products Interest Received 18,714.04 (187.82) 2,092.60 New Build Expenditure Total Other Income (180.00) 20,438.82 Profit on Ordinary Activities Before Taxation Profit after Taxation 87,834.73 87,834.73 Profit and L055 Freda'5 Community Playgroup and Pre-school CIO 24 Mar 2025 Page2of2 Balance Sheet Freda's Community Playgroup and Pre-school CIO As at 31 August 2024 31 AUG 2024 Fixed Assets Tan ible Assets Computer Equipment- cost Computer Equipment- depreciation Office Equipment- cost Offi-ce Equipment- depreciation Play Area . cost (less grant received) Play Area - depreciation Total Tangible Assets 969.99 (454.60) 463,94 1300.81) 827.39 (485.67) 1,020.24 Total Fixed Assets 1,020.24 Current Assets Cash at bank and in hand Freda's HSBC Current Account 91,176.34 Freda's HSBC New Build Account Total Cash at bank and in hand 112,993.35 204,169.69 Accounts Receivable 471.23 Total Current Assets 204,640.92 Creditors: amounts fallin Accounts Payable Credit Card due within one ear 1.513.23 188.19 Eamings Order5 Payable NIC Payable PAYE Payable Pensions Payable Total Creditors: amounts falllng due within one year 160.94 1.541.37 3,101.40 893.04 7,398.17 Net Current Assets (Liabilities) 197,242.75 Total Assets less Current Liabilities 198,262.99 Net Assets 198,262.99 Ca ital and Reserves Current Year Eamings General Reserves 87,834.73 110,428.26 Total Capital and Reserves 198,262.99 Balance Sheet Freda's Community Playgroup and Pre•School CIO 24 Mar 2025 Pagelofl Independent Examiner's Report to the Trustees Freda's Community Playgroup and Pre-school. I report on the accounts of Freda's Community Playgroup and Pre-school for the year ended 31 August 2024. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144{2) of the Charities Act 2011 (the 2011 Act). It is our responsibility to: examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the general Directions given by the Chartty Commission under section 145(5)(b) of the 2011 Act: and state whether particular matters have come to our attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair Vie￿ and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has Comi 8 to my attention: which gives me reasonable cause to believe that, in any material respect, the requirements: to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met: or to which, In my opinion. attention should be drawn in order to onablo a propgr understanding of th& accounts to be reached. Mrs Diane Wellock Chartered Accountant Unit 24, Skipton Auction Mart Gargrave Road Skipton North Yorkshire BD23 1UD Profit and Loss Freda's Community Playgroup and Pre-school CIO Forthe year ended 31 August 2024 2024 Turnover DH WFRU {Milk Claims) Fees {intluding lunches) Fundraising for Equipment NYCC 892.84 200.687.71 3.276.37 80,682.00 Other Revenue 500.00 Uniform 59.00 Total Turnover 286,097.92 Cost of Sales Externally provided nursery sessions Milk 165.00 865.65 Pensions Costs 2,977.69 Salaries (inc. employer'5 NIC) Settle College Lunches Staff Training Total Cost of Sales 177,380.83 12,627.02 330.00 194,346.19 Gross Profit 91.751.73 Administrative Costs Advertising & Marketing Audit & Accountancy fees Bank Fees 39.00 300.00 105.60 Cleaning Clothing Depreciation General Expenses In5uranco 1.112.01 406.92 444.69 1,215.95 1.2SS.98 IT Software & Consumables 1.000.54 Other Equipment Play Equiprnent Printing & Stationery Rent 3,583.09 1.699.83 1,162.97 4,725.IXI Repairs & Maintenance Snacks 1.164.22 3.632.27 Subscriptions Telephone & Internet TV Licence 796.57 1,452.18 159.00 Total Administrative Costs 24,355.82 Operating Profit 67,395.91 Profit and L055 Freda'5 Community Playgrovp and Pre•School CIO 24 Mar 2025 Page lof2 Profrt and Loss 2024 Other Income Fundraising for New Build Fundraising Products Interest Received 18,714.04 (187.82) 2,092.60 New Build Expenditure Total Other Income (180.00) 20,438.82 Profit on Ordinary Activities Before Taxation Profit after Taxation 87,834.73 87,834.73 Profit and L055 Freda'5 Community Playgroup and Pre-school CIO 24 Mar 2025 Page2of2 Balance Sheet Freda's Community Playgroup and Pre-school CIO As at 31 August 2024 31 AUG 2024 Fixed Assets Tan ible Assets Computer Equipment- cost Computer Equipment- depreciation Office Equipment- cost Offi-ce Equipment- depreciation Play Area . cost (less grant received) Play Area - depreciation Total Tangible Assets 969.99 (454.60) 463,94 1300.81) 827.39 (485.67) 1,020.24 Total Fixed Assets 1,020.24 Current Assets Cash at bank and in hand Freda's HSBC Current Account 91,176.34 Freda's HSBC New Build Account Total Cash at bank and in hand 112,993.35 204,169.69 Accounts Receivable 471.23 Total Current Assets 204,640.92 Creditors: amounts fallin Accounts Payable Credit Card due within one ear 1.513.23 188.19 Eamings Order5 Payable NIC Payable PAYE Payable Pensions Payable Total Creditors: amounts falllng due within one year 160.94 1.541.37 3,101.40 893.04 7,398.17 Net Current Assets (Liabilities) 197,242.75 Total Assets less Current Liabilities 198,262.99 Net Assets 198,262.99 Ca ital and Reserves Current Year Eamings General Reserves 87,834.73 110,428.26 Total Capital and Reserves 198,262.99 Balance Sheet Freda's Community Playgroup and Pre•School CIO 24 Mar 2025 Pagelofl