**REGISTERED CHARITY NUMBER: 1190798**
## **WIRKSWORTH PRE-SCHOOL PLAYGROUP**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **WIRKSWORTH PRE-SCHOOL PLAYGROUP**
## **REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **CONTENTS**
|Legal and administrative details|1|
|---|---|
|Report of the trustees|2 - 3|
|Independent Examiners Report|4|
|Statement of financial activities|5|
|Statement of financial position|6|
|Notes to the financial statements|7 - 9|
## **WIRKSWORTH PRE-SCHOOL PLAYGROUP**
## **LEGAL AND ADMINISTRATIVE DETAILS**
## **Principal address**
Cemetery Lane Wirksworth Derbyshire DE44FZ
**Trustees** Mrs S Hockenhull Mrs S Johnston Mrs H Elliff Mrs H Robinson Mrs S Mitchell **Bankers** Natwest 1 Water Lane Bakewell Derbyshire DE45 1YY **Independent Examiner** Stopfords (Mansfield) Limited Synergy House 7 Acorn Business Park Commercial Gate Mansfield Nottinghamshire NG18 1EX
1
## **WIRKSWORTH PRE-SCHOOL PLAYGROUP**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022**
The trustees present their report with the financial statements of the charity for the year to 31 August 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The aims of the Pre-school, in line with the Early Years Alliance model constitution, are to enhance the development and education of children primarily under statutory school age by encouraging parents and carers to understand and provide for the needs of their children through community groups and by:
(a) offering appropriate play, education and care facilities, family learning and extended hours groups, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability;
(b) encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs in the local areas;
(c) instigating and adhering to and furthering the aims and objectives of the Pre-school Learning Alliance (now Early Years Alliance
## **Public benefit**
Wirksworth Pre-School Playgroup provides quality care and education for children under statutory school age.
Each year the cost of Pre-school sessions is reviewed by the Pre-school Manager and Committee to ensure that the sessions are affordable for a wide range of family/carer budgets. As our Pre-school is registered with Derbyshire County Council as a key childcare provider for the area, parents and carers are also able to make use of government funded hours.
Wirksworth Pre-School Playgroup is a valued, community-focused organisation where the staff work hard to ensure children of all backgrounds are welcomed and given the opportunity to thrive in a caring and nurturing environment.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The previous financal year had been very unsettled due to the Coronavirus. In September 2021 there was uncertainty again for the coming winter and the possibility of another lockdown. Through the vigilance and hard work of the staff, pre-school remained open and unaffected though measures remained in place to keep everyone as safe as possible. Parent drop off and collection outside the setting continued as it had been noticed that the children were settling better when parents didn't enter the building. The setting manager took maternity leave from February 2022, current staff took on the extra responsibilities and it was decided that a temporary replacement wasn't needed, the extra hours were distributed amongst the current staff.
The condition of the building was deteriorating, extensive repairs were carried out on the outside of the building with the whole of the inside and outside being repainted over the summer holidays.
In April of the financial year, it was decided that the setting would accept 2 year olds, this would increase income and broaden our customer base. After restricted fundraising in the previous year, we successfully ran a Christmas Fair, Bingo Night and Summer Fair.
Pre-schools social media activity was reviewed and it was decided between the staff and trustees that an Instagram account would be created to keep up with current trends and technology, this would allow parents to view activities in the setting.
## **FINANCIAL REVIEW**
The financial results of the Pre-School Playgroup can be found on pages 5 and 6 of the financial statements.
## **Reserves policy**
It is the policy of Wirksworth Pre-School Playgroup to retain a minimum of 3 months fixed cost as reserves. At current cost levels this is calculated to be in the region of £20,000. Therefore, cash reserves are maintained at a minimum of £20,000 in a separate business reserve account to ensure the Pre-school has the capacity to honour contracts and other cost commitments in the event of any interruption or delay to income.
2
## **WIRKSWORTH PRE-SCHOOL PLAYGROUP**
## **REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022**
## **FUTURE PLANS**
The plan to improve the settings communications are ongoing. The aim is to integrate the emails and bring the computer systems more up to date. It will include a new email system and computer database with improved features to help with day to day running and organisation.
The task of replacing the current boiler is also ongoing, the trustees have researched alternatives but more advice is needed and all options need to be explored before a decision is made on the most economical solution.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Organisational structure**
Wirksworth Pre-School Playgroup follows a model constitution provided by the Early Years Alliance. As per this governing document, the Pre-school has a Committee who meet regularly throughout the year and also hold an AGM at which new Committee members (Trustees) are elected. Parents and carers of children at Pre-school are invited to attend the AGM and asked to consider if they would like to join Pre-School as a Committee member. If additional skills are required, Pre-school also advertises more widely and welcomes interest from across the community. At the AGM, both the chair and treasurer stood down and the positions were filled by current committee members.
## **Trustees of the charity**
The trustees of the charity who have served during the year and since the year end were as follows:
Mrs S Hockenhull Mrs S Johnston Mrs H Elliff Mrs H Robinson Mrs S Mitchell
Approved by the board and signed on its behalf by:
Mrs S Mitchell - Trustee
Date:
3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WIRKSWORTH PRE-SCHOOL PLAYGROUP**
## **Independent examiner's report to the trustees of Wirksworth Pre-School Playgroup**
I report to the charity trustees on my examination of the accounts of Wirksworth Pre-School Playgroup (the Trust) for the year to 31 August 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Phillip Nicholson Stopfords (Mansfield) Limited Synergy House 7 Acorn Business Park Commercial Gate Mansfield Nottinghamshire NG18 1EX
Date:
4
## **WIRKSWORTH PRE-SCHOOL PLAYGROUP**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022**
|**Notes**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
**2**
Investment income
**3**
**Total**
**EXPENDITURE ON Charitable activities**
Childcare
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
**Net income/(expenditure) after transfers**
**Balances brought forward at 1 September 2021**
**Balances carried forward at 31 August 2022**|**Unrestricted**
**fund**
**Restricted**
**funds**
**Total funds**
**Total funds**
**2022**
**2022**
**2022**
**2021**
**£**
**£**
**£**
**£**
85,167
216
85,383
25,458
1,169
17
1,186
204
29
-
29
9|
|---|---|
||86,364
233
86,598
25,671|
||89,632
975
90,606
33,314|
||(3,267)
(742)
(4,009)
(7,643)
(3,267)
(742)
(4,009)
(7,643)
109,046
874
109,920
117,563
105,779
133
105,911
109,920|
The notes form part of these financial statements
5
## **WIRKSWORTH PRE-SCHOOL PLAYGROUP**
## **STATEMENT OF FINANCIAL POSITION AS AT 31 AUGUST 2022**
|**Notes**
**FIXED ASSETS**
Tangible assets
**6**
**CURRENT ASSETS**
Debtors
**7**
Cash at bank and in hand
**8**
**CREDITORS**
Amounts falling due within one year
**9**
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**FUNDS**
**10**
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**Total funds**
**2022**
**£**
35,842
4,717
67,138
71,854
1,785
70,069
105,911
105,779
133
105,911|**Total funds**
**2021**
**£**
35,842
4,656
71,434|
|---|---|---|
|||76,090|
|||2,012|
|||74,078|
||||
|||109,920|
|||109,046
874|
|||109,920|
The financial statements were approved by the Board of Trustees and signed on its behalf by:
Mrs H Robinson - Trustee
Mrs S Mitchell - Trustee
Date:
The notes form part of these financial statements
6
## **WIRKSWORTH PRE-SCHOOL PLAYGROUP**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. OTHER TRADING ACTIVITIES**
|Bags 2 School
Fundraising
Compensation
**3. INVESTMENT INCOME**
Deposit account interest|**2022**
**£**
98
1,088
1,186
**2022**
**£**
29
29|**2021**
**£**
84
20
100|
|---|---|---|
|||204|
|||**2021**
**£**
9|
|||9|
7
## **WIRKSWORTH PRE-SCHOOL PLAYGROUP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
|Trustees' salaries
**Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2022.|**2022**
**£**
9,809
9,809|**2021**
**£**
4,403|
|---|---|---|
|||4,403|
||||
## **5. STAFF COSTS**
The average monthly number of employees during the period was: No employees received emoluments in excess of £60,000.
## **6. TANGIBLE FIXED ASSETS**
|**Cost**
At 1 September 2021
Additions
Eliminated on disposal
At 31 August 2022
**Depreciation**
At 1 September 2021
Charge for the year
Eliminated on disposal
At 31 August 2022
**Net book value**
At 31 August 2022
At 31 August 2021
**7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
Prepayments
**8. CASH AT BANK AND IN HAND**
Current account
Reserve account
Cash|**Freehold**
**Property**
**£**
35,842
-
35,842
-
-
-
-
35,842
35,842
**2022**
**£**
71
4,031
615
4,717
**2022**
**£**
7,079
60,030
29
67,138|**Total**
**£**
35,842
-
-
-|
|---|---|---|
|||35,842|
|||-
-
-
-|
|||-|
|||35,842|
|||35,842|
|||**2021**
**£**
4,075
581|
|||4,656|
|||**2021**
**£**
11,426
60,002
6|
|||71,434|
8
## **WIRKSWORTH PRE-SCHOOL PLAYGROUP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022**
## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade creditors
Other creditors|**2022**
**£**
685
1,100
1,785|**2021**
**£**
550
1,462|
|---|---|---|
|||2,012|
## **10. ANALYSIS OF CHARITY FUNDS**
|**Unrestricted funds**
General fund
**Restricted funds**
WRFU - Milk
P Slack - Technology Committee Restriction - Easy
Fundraising|**2021**
**Income**
**Expenditure**
**Transfers**
**2022**
**£**
**£**
**£**
**£**
**£**
109,046
86,364
89,632
-
-
105,779
62
216
169
-
-
109
65
65
-
-
747
17
741
-
23|
|---|---|
||874
233
975
-
-
133|
|||
||109,920
86,598
90,606
-
-
105,911|
## **11. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Restricted Funds
Unrestricted Funds
**Total funds at 31 August 2022**|**Tangible**
**Fixed Assets**
**Net Current**
**Assets**
**Total**
**£**
**£**
**£**
133
133
35,842
69,937
105,779|
|---|---|
||35,842
70,069
105,911|
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the period ended 31 August 2022.
9
## **WIRKSWORTH PRE-SCHOOL PLAYGROUP**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Derbyshire County Council
Fees and subscriptions
Welfare fund reimbursement
**Other trading activities**
Bags 2 School
Easy fundraising
Compensation
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Trustees' salaries
Staff costs
Water
Light and heat
Insurance
Telephone
Postage and stationery
Repairs and maintenance
Cleaning and sundry expenses
Staff training
DBS checks
Ofsted and Pre-School Alliance
Refreshments and consumables
Equipment
Milk
Fundraising expenses
Subscriptions
**Support costs**
**Finance**
Bank charges
**Governance costs**
Professional fees
**Total resources expended**
**Net expenditure**|**2022**
**£**
70,036
15,131
216
85,383
98
17
1,071
1,186
29
86,598
9,809
60,427
714
2,555
585
640
423
5,510
97
587
310
823
1,422
3,960
169
147
638
88,816
214
1,576
90,605
(4,008)|**2021**
**£**
22,566
2,718
174|
|---|---|---|
|||25,458|
|||84
20
100|
|||204|
|||9|
|||25,671|
|||4,403
25,554
73
212
346
190
595
121
262
26
260
358
233
150|
|||32,783|
|||29
502|
|||33,314|
||||
|||(7,643)|
This page does not form part of the statutory financial statements
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