# **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** - Welcome & Apologies - Approval of 2022 AGM Minutes - Chairpersons Report - Secretaries Report - Financial Report - Committee Elections - 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 **----- Start of picture text -----**
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
-
HMRC Job Retention Scheme £2,829
Sub Total £83,226 £97,607
**----- End of picture text -----**
## **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 **----- Start of picture text -----**
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
**----- End of picture text -----**
## 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** - Extra cost incurred during Covid period and restart of setting - Extra toys expenditure was covered by grant funning - Extra cost incurred during Staff changes ## **Other** - Extra staff member in 2022 is cover for one-2-one child ( **Funded** ) - 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 - 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)| |---|---|---| - 2 - ## **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 - 3 - ## **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| - 4 - ## **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)| |---|---|---| - 2 - ## **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 - 3 - ## **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| - 4 -