Kiddies World Play Centre
A nnual G eneral M eeting September 2023
Kiddies World Play Centre 2023 Online AGM Abstain SHAREHOLDERS Agree Agree IYEE AGMVOTING LIVE Agenda # l. Agree 80% Disagree Abstaln
Virtual AGM 2023
House Keeping
AGM Agenda
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Welcome & Apologies
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Approval of 2022 AGM Minutes
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Chairpersons Report
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Secretaries Report
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Financial Report
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Committee Elections
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AOB
Meeting Recording
Documents Copies
Lost Connections
NOTE: This meeting is being recorded and may be viewed by other later.
Copies of documents used in this meeting will be available from the sectary.
In the event your internet connection is lost, reconnect using the original link.
Approval of 2022 AGM Minutes
Scan to Download
2022 AGM Minutes
Requirement Name
Primary Proposer Mavis Davies Seconder Proposer Emma Davies-Matthews Rejection {Only add if major objection}
Minutes Feedback Who Ref: Comments & Corrections
{No feedback recorded}
NOTE: The 2022 AGM minutes are available on request.
Chairpersons Report
Welcome Members NEW Staff Staff Training Program
Financial Accounts Report - 2021/22
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Kiddies World – Turnover
Account 2021 2022
Subs Payments £15,848 £19,050
Early Entitlement, Assisted Places & Flying Start £64,225 £78,252
Fund Raising £324 £305
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HMRC Job Retention Scheme £2,829
Sub Total £83,226 £97,607
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Kiddies World – Administration Expenses
| Account | 2021 | 2022 |
|---|---|---|
| Wages & Salaries | £64,505 | £76,288 |
| Staff Pension Costs | £4,600 | £5,484 |
| Staff Training | £429 | £762 |
| Uniform costs | £670 | £851 |
| Insurance and membership | £673 | £741 |
| Light and heat | £1,990 | £965 |
| Cleaning | - | - |
| Repairs and maintenance | £7,126 | £823 |
| Consumables | £1,442 | £1,063 |
| Printing, postage and stationery | £120 | £649 |
| Telephone | £729 | £986 |
| Accountancy and professional fees | £276 | £348 |
| Sundry expenses | £42 | - |
| Toys and equipment | £4,181 | £5,150 |
| Depreciation | £163 | £33 |
| Sub Total | (86,946) | (£94,144) |
Financial Accounts Report - 2021/22
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Kiddies World – Overview
Account 2021 2022
Turnover ( Sheet 1 ) £83,226 £97,607
Administration Expenses ( Sheet 2 ) (£86,946) (£94,144)
Operating (loss)/profit £(3,720) £3463
Other income £2 £51
Bank interest received
Net (loss)/profit for the year £(3,718) £3514
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Financial Accounts Report - 2021/22
Kiddies World – Overview
| Account | 2021 | 2022 |
|---|---|---|
| Fixed Assists (Tangible Assists) |
£112 | £79 |
| Current Assists (Cash at bank/in hand) |
£22,038 | £25,583 |
| Net Current Assists | £22,038 | £25,585 |
| Total Current Assists | £22,150 | £25,664 |
| Capital Account | £25,868 | £22,150 |
| Profit/Loss(Sheet 3) | (£3,718) | £3514 |
| Total | £22,150 | £25,664 |
Snapshot Financial Report - 2022/23
Key Points
Account Overview
| Account | 2022 | 2023 | 2023 |
|---|---|---|---|
| Current Account | £3065 | £1281 | |
| Savings Account | £25262 | £2487 | |
| Other Cash Holdings | £403 | - | |
| Children No. 43 Staff No. 7 (6+1) |
Sessions | 2022 | 2023 |
| Rap Around | 16 | 10 | |
| Flying Start | 6 | 8 | |
| Funded 30h | 12 | 14 | |
| Paying | 9 | 7 | |
| Early Education | 9 | 10 | |
| All Day | - | 6 |
Main
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Extra cost incurred during Covid period and restart of setting
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Extra toys expenditure was covered by grant funning
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Extra cost incurred during Staff changes
Other
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Extra staff member in 2022 is cover for one-2-one child ( Funded )
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Early Education figures show numbers applied to date and subject to change
Committee Elections
Chairperson (Mavis Davies)
Secretary Tabitha Large
Treasurer (Robert Morrison)
Founding Members
HMRC & Payroll (Mike Morrison)
Committee Elections
Chairperson
Secretary
Nomination
Nomination Open Position
Mavis Davies*
{No further nominations}
Vicky Griffiths
Primary Proposer Mavis Davies Seconder Proposer Robert Morrison
Primary Proposer Emma Davies-Matthews Seconder Proposer Lindsey Biddle
Treasurer
Nomination
Robert Morrison*
{No further nominations}
Primary Proposer Vicky Griffiths Seconder Proposer Mavis Davies
AOB
Regular supervisions are now being done with all staff members. Action plans and targets are being put in place.
Staffing
Information Robert – Need to improve intake forecasting for planning staff requirements & Reporting Robert – Need to introduce regular communications to all stakeholders, including methods of feedback and discussion forums
Robert – Need to increases our presence in the local community and implement local advertising using free social media
Robert – Review process on data generation/storage is needed to comply with GDPR rules and protect K.W. in the event of staff replacement
KIDDIES WORLD
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2022
KIDDIES WORLD
CHARTERED ACCOUNTANTS' REPORT TO THE PROPRIETOR ON THE UNAUDITED ACCOUNTS OF KIDDIES WORLD
This report is made to the Charity's Board of Trustees, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Charity's Board of Trustees, that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity's Board of Trustees, as a body, for this report.
You have approved the accounts for the year and have acknowledged your responsibility for them and for providing all information and explanations necessary for their compilation.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the accounts.
Morris Cook
25 May 2023
Chartered Accountants
Bryn Estyn East Street Llangollen LL20 8RB
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KIDDIES WORLD
DETAILED TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022
| Turnover Subs Early entitlement, assisted places and flying start Fund raising HMRC job retention scheme Administrative expenses Wages and salaries Staff pension costs Staff training Uniform costs Insurance and membership Light and heat Repairs and maintenance Consumables Printing, postage and stationery Telephone Accountancy and professional fees Sundry expenses Toys and equipment Depreciation Operating profit/(loss) Other income Bank interest received Net profit/(loss) for the year |
2022 £ £ 19,050 78,252 305 - 97,607 76,288 5,484 762 851 742 965 823 1,063 649 986 348 - 5,150 33 (94,144) 3,463 51 3.60% 3,514 |
2021 £ £ 15,848 64,225 324 2,829 83,226 64,505 4,600 429 670 673 1,990 7,126 1,442 120 729 276 42 4,181 163 (86,946) (3,720) 2 4.47% (3,718) |
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KIDDIES WORLD
BALANCE SHEET
AS AT 31 DECEMBER 2022
| 2022 Notes £ Fixed assets Tangible assets 1 Current assets Cash at bank and in hand 25,585 Net current assets Total assets less current liabilities Capital account At 1 January 2022 Profit/(Loss) for the year |
2021 £ £ 79 22,038 25,585 25,664 22,150 3,514 25,664 |
£ 112 22,038 22,150 25,868 (3,718) 22,150 |
|---|---|---|
In accordance with the engagement letter, I approve the accounts set out on pages 3 2 to 5. I acknowledge responsibility for the accounts and for providing Morris Cook with all information and explanations necessary for its compilation.
Emma Davies
Date : 3 May 2023
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KIDDIES WORLD
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
1 Tangible fixed assets
| Tangible fixed assets | |
|---|---|
| Plant, machinery & computer equipment Fixtures, fittings & equipment £ £ Net book value At 1 January 2022 & at 31 December 2022 2 110 Depreciation Charge for the year - 33 At 31 December 2022 - 33 Net book value At 31 December 2022 2 77 At 31 December 2021 2 110 |
Total £ 112 |
| 33 | |
| 33 | |
| 79 | |
| 112 |
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KIDDIES WORLD
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2022
KIDDIES WORLD
CHARTERED ACCOUNTANTS' REPORT TO THE PROPRIETOR ON THE UNAUDITED ACCOUNTS OF KIDDIES WORLD
This report is made to the Charity's Board of Trustees, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Charity's Board of Trustees, that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity's Board of Trustees, as a body, for this report.
You have approved the accounts for the year and have acknowledged your responsibility for them and for providing all information and explanations necessary for their compilation.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the accounts.
Morris Cook
25 May 2023
Chartered Accountants
Bryn Estyn East Street Llangollen LL20 8RB
- 1 -
KIDDIES WORLD
DETAILED TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022
| Turnover Subs Early entitlement, assisted places and flying start Fund raising HMRC job retention scheme Administrative expenses Wages and salaries Staff pension costs Staff training Uniform costs Insurance and membership Light and heat Repairs and maintenance Consumables Printing, postage and stationery Telephone Accountancy and professional fees Sundry expenses Toys and equipment Depreciation Operating profit/(loss) Other income Bank interest received Net profit/(loss) for the year |
2022 £ £ 19,050 78,252 305 - 97,607 76,288 5,484 762 851 742 965 823 1,063 649 986 348 - 5,150 33 (94,144) 3,463 51 3.60% 3,514 |
2021 £ £ 15,848 64,225 324 2,829 83,226 64,505 4,600 429 670 673 1,990 7,126 1,442 120 729 276 42 4,181 163 (86,946) (3,720) 2 4.47% (3,718) |
|---|---|---|
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KIDDIES WORLD
BALANCE SHEET
AS AT 31 DECEMBER 2022
| 2022 Notes £ Fixed assets Tangible assets 1 Current assets Cash at bank and in hand 25,585 Net current assets Total assets less current liabilities Capital account At 1 January 2022 Profit/(Loss) for the year |
2021 £ £ 79 22,038 25,585 25,664 22,150 3,514 25,664 |
£ 112 22,038 22,150 25,868 (3,718) 22,150 |
|---|---|---|
In accordance with the engagement letter, I approve the accounts set out on pages 3 2 to 5. I acknowledge responsibility for the accounts and for providing Morris Cook with all information and explanations necessary for its compilation.
Emma Davies
Date : 3 May 2023
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KIDDIES WORLD
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
1 Tangible fixed assets
| Tangible fixed assets | |
|---|---|
| Plant, machinery & computer equipment Fixtures, fittings & equipment £ £ Net book value At 1 January 2022 & at 31 December 2022 2 110 Depreciation Charge for the year - 33 At 31 December 2022 - 33 Net book value At 31 December 2022 2 77 At 31 December 2021 2 110 |
Total £ 112 |
| 33 | |
| 33 | |
| 79 | |
| 112 |
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