REGISIERED CHARITY NUMBER.. 1193128 Klngshurst CaterpIlla￿ CIO R•port 0lth• TNstws and Un#udlt•d Flnan¢l•l Stat•m•nts foi the Year Ended 29 Fèbruary 2024 KingshuTSt Caterpillars Playgroup clo Kingshurst Primary School School Close "ngshursl Bimiingham B37 6BN REGISTERED CHARrtY NUMBER.. 1193128 Klngshurnt C4tsrplllAfS CIO CoTrt•nts of th• Fln•nclAI Ststsm•nts for th• Yur End•d 29 F•bru*ry 2024 Pag• C￿terts ol the Finand81 Statements Rerx*t of the Trustees Rewt of the Independent Examingrs Statement of Finanaal Acb"vilies 10 Notes lo Final￿4a1 S&￿ements 12-20 REGISTERED CHAR ￿y NUMBER.. 1193128 Klng8hurnt C•t•rplllars CIO R•port ofth• Trusteès for the Y••r Ended 29 F•bruary 2024 The InJ8tees vtho present Iheir report with the finanual slalements of the charity for the yeai ended 29 February 2024. The trustees have adopled Ihe provisions of A¢wunling and Reporting by Charities.. Stslemenl of Recommemled Prackn(* applicable lo charities preparing their accounts in accordan¢* Wth the FinanfAal Reporb'ng Standard applicable In the UK and Republic ol Ireland IFRS 1021 leffecbve 1 January 20151. STRUCTURE, GOVERNANCE AND MANAGEMENT G¢)v•mlng docum•nt lQngshur51 CaterFrflkr5 15 a charitab￿ Ir￿orpOrated Organisation ICIOI and is registered wllh the Charity commiss￿ In England The Chanty was Incorporated on 15th January 2021. Oryanls#tlonal structur• The aOministratk)n ol the Tnjst Is effecaed by Ihe Trustee8 whom meet regularly. The board of Tru81ees ImF4ements arKJ mcx¥ttys matters of Wicy Tru•t•e s•l•ctlon truslees may be app*)¢'nted by current InJslees by unanimou8 dea610n. OBJECTIVES AND ACTp4mES ObJ•¢tlv•s •nd *lms The object ol the CIO Js to enharKe the develowenl and educatson of children aged lo four years old Ilhln IQ"rvJSh￿5t and Ihe surrounding areas, for thè public benefit in partlcular by.. providiro good quality care and education for tsvo lo lour year old children wrthin Kinoshursl aTrJ the wrrounding areas. enhancaro chikjren's sttlal development providing an environmenl where parentsl carers can have wnfidence Ihal thelr chlldren are looked after Safely In a warm and encouraging atmosphere. ensuring equal Opportun￿'eS lor all children and adLFIts. èncouraging parents I carers and the community lo be￿me Involved in the earty education of Ic*al childien. REGISTERED CHARITY NUMBER.. 1193128 Klng$hurnt Caterplllars CIO Rgport of th? Trust••s for th• Y•ar Ended 29 F?bruary 2024 OBJEcM￿S AND ACTivmES Summary of a¢tlvltl•s undertak•ft The main attiwty of our ind￿￿ve presthool playgroup Is lo wovide care and an education as required by the Eaty Years F￿n￿a￿.(M Stage trame￿l)rk lor up to f011y children aged Nv¢> and three-years old in morning and aftemoon sessions for five days a week dunng term time and for children %those working parents can claim fundiTrJ for 30 (*iklwe each week during tem time. The managw members cl s&￿, vh) all have, or a￿ Tequired to achieve. childcare qualifications. plan aCti￿tieS weekty ano daty Ihal meet the development r*eds and inlerests ofthe children. We use a kty per￿n apF￿Oath to ensure Ihat each child knows and is well-known by ¥ member of staff who en$t￿eS tr￿1 the ¥￿￿b￿r￿j and development of each thild in their group is eonstantjy monitored and that planniThJ meets indNidual needs Key workers liaise wth parents and Ca￿rS of childtEn rn tsr grcws Infoffiially at the playgtDUP gate. through W￿klY twikway diaries. newsletters and 11 ttilltren are Identi￿ as havir¥J add[t￿nal needs, the staff member wth Speaal Nee(Is training and fesFKJnsit41ty *ill aso I￿lse wrfh parents and appropriate outside agenues so that indNidual ¢hil(Iren's deve1w￿l￿1 t* ￿st met. Financgal re￿r￿ ￿e maje aV￿lat￿e lo ensure that staff have ongoing training in essential areas such as saleguardirKJ. health and s*ety and first aid and any olher area of training that meet the needs of both (*ildren and staff. We listen to the views ol parents. staff and ethildren and lo the advice of Ioc31 authority IS￿$, aThJ wolessKffiais frc*n (￿￿de agenc4es. Thls feedback Ss used to inform our improvement work. We have FKAic#es and proc8Jures. vthich a￿ revithyed annually covering such areas as safeguarding. health and safety, equal opporDJnTbes and se(xJnty. We develop PoS￿"¥e relatsonshlps with parents. carers and other members of the l(K81 CA)mmunty. Tho Year In Revlew In March 2023 the fall in pupil numbers %thich had been experienced since September 2022 continued and aygr￿p was only three quarters lull, a wtuatson which lasted until the end ol the school year in July. This drop in nurn￿r$ seemed to relleci a fall in the birth rate eXpe￿er￿e￿ throughout Ihe Local Authorlty. However. in Seplember the numbers took an uptum and by Christmas playgroup was three quarters ftjll and it 8eeffled likety that by the end of the school year il Y￿uld be full. which was very encouraging. Our thldren continue lo arrive in playgroup al tsvo years old serious delays in speech and language and socsal development. The many of our families live in high rise aco)mmodab"on which provides an isolated environment and thefe are few opportunibes provided in the area lor young families to meet. As most children do not have gardens and appropriate public play $paces are unavailable. theii phy51cal development 1$ a150 delayed. REGISTERED CHARrrY NUM8ER.. 1193128 Klngshurst Cat•rplll*r8 CIO R•port ot th• Tru$t••s for th• Y•ar Ended 29 F•bruory 2024 OWECTIVES AND ACTivmES Th• Y￿r In R•vl•w- eontlnu•d Planning and teathing Icojs on these IhTee areas of development, particularty for ihe younger children and tr￿se wilh speaal educabonal r￿edS We have been very fortunate that playgroup was given a thiee-year grnnt from Children in Nee(1 whith pay5 the salary ol a fvll-b.me member of staff. Govemment funding now supp￿ an increased thild to adult fabo of 1".5. rather than the Previous 1..4 Generous staffing Is the most effeclfft way of supp￿r￿j thldren's progress. parbcAJlarly when they have developmental delays, and our Chiklren In Need gra￿ has wabled us lo (x)ntsnue vnth the 1.4 r*0. All stsff have received ftjrther speech and Linguage traniThJ. to use online training for all members of staff in the continued absence of Need also pays the rent for our new and much appreciated purpose-built premise5 built in the uvmts of ￿r¥JthJr$L Pnmary Srhotsl. The new playroom has much better access lo the 0￿dOOrS than we have exF*wKEd befry? and rt IS a IOY to see the children running in and out. making their own ehoices of W￿￿e Ilw to Flay in a %way thal for most of them Is impossible at home. ACHIP41EMENfs AND PERFORMANCE Flaygroup was insFe(Xed by Otsted In May 2023. our first inspection since 2014. The Out￿Me w88 'good', with many Frf)SrtNe tsynments trom the InsFector, our lavourite.. 'Children are happy and joyful in Ihis warm and friendty selbrwJ' &aff have followng the advice to implement an ambitious curriculum for the most able tldren and to ftwther de¥elop the teachirtg ol mathemats"cs. Slaff effcyts meanl traat end of year assessrnents in July 2023 recL•rded good progress for the majority of thildren's scK3al ar¥J ph￿Cal Oevdopment. However, significant improvements in speech and language (lÈvelopment were harder to ac*ieve, which corresponds with Ofsted inspects'on findings of pre-school seth'ngs and eaty years deparlments, pthaps ￿11 renecb'ng Ihe effects of Covid disruption lo education. sI￿e FebnJary 2023. in addits.on to the many acaivibes provided wthin the playgroup premises. children have conb"nue(I to enjoy regular ¥i￿ts to FoTesl School, part of the school facilities, where getting wet and muddy is a joy for all. Local walks have becijme less frequent this year. The Kingshursl regenera￿"on programme started in the summer all the shops beiThJ demolished. The demolits.on provided an interesting focus foi walks inibally. but by the autlmin all the building works were fenc£d off and. with no shops to l¢)ok at and passers-by lo eJ)at with. walks had less Intere511o offer. The ccw, nth¥ the only shop apart from the post office, was moved into the Community Centre and the manager welcorned the children lo lotsk around the shop and 51oierooms. He also visited playgroup to show children how to make fwil kebabs Happily, ￿"ng$hUrSl litrary has remained open and iegular visits have continued when children enjoy sharing book$ wth the librarians. Our own cate￿illarS, library has enabled children lo borrow Lx)oks daily lo lake home and share with their families. REGISTERED CHARITY NUMBER.. 1193128 Klngshurnt C4tgrplll•rn CIO R•port of th• Trust￿ lor th• Y•*r End•d 29 F•bruary 2024 ACHIEVEMENTS AND PERFORMANCE- ¢ontJnu•d Our locjjs on parental Inv(Avemenl since September has restored many of the activities which were suspended wilh Covid reslncbons. A initsalive rneant that Ihis academic year all families received 3 home visit by the iiianager and another member ol staff pnor lo the third's fitsl day in playgTOUP Their own homes proved a much ￿tter environment for paren15 and carers lo complete registration forms with staff and supply all the Inlom)ation %thic#) would help children to settle 4uidKly and comfortably Into playgroup Home visits were much appwaled by bolh Parent￿ca￿rE and staff. FaCe-l￿1*e meetiws wth parents And ¢afer5. parenl consullatson meetings with key workers and open sessions for Macmill8n Coftee Moming and Childien tn Need Day have been ongoing Easter, End ol Year and Chnsth)a8 workslw and p8rties were enjoyed by children and iheir families in the local church hall and very su¢xessftJl open moming and aftemoon was held In playgroup to celebrate the Coronation. Onè of tsjr members of stafl ¢XMn￿et￿ her Level 3 Childcare qualification and our appients.ce completed her Level 2 Both disbnctions The apprentice Is now employed as a full-time member of staff and is studwng fty her Levd 3 ￿￿Ka￿on supporte on $taffiThJ. £5.83412022-23 £4.8431 on thildren'6 resources and equipmerbt and £9,851 12022-23.. £13,875) on rent and rates REGISTERED CHARITY NUMBER.. 1193128 Kln9shurnt CAt•rplll*rs CIO R•port of th• Tru8t••8 for th• Y•*r End•d 29 F•bru•ry 2024 FINANCIAL REVIEW- contlnu•d R•sèr4•s pollcy The trustees have aweed to a FK)licy lo maintain an unreslricled reseryes position of a minimum of 6 months Unresthe￿ exF￿nd￿re. Based on exlstsr¥J unreslncted Tesetves 01 £52,069 Ihe Iruslees are satssfled that thls has been &hieved. Gr*lng cone•rn The finanuai Statem￿ have teen prepared on a g￿ng ￿nCern basis as the trustees believe that mateiial uneertainbes ex*1 The trustees have consideied Ihe level ol lunds held and the expecled level ol Income and expeTrYrture 12 mmihs frryn authon&rw4 these finan¢Jal siatements. REGISTERED CHARfTY NUMBER.. 1193128 Klngshurst Cat•rplllars CIO R•port olth¥ Trustees for th• Y•ar End•d 29 February 2024 REFERENCE AND ADMINISTrATNE DETAILS Reglstèred Charlty number 1193128 R•glstered offk¢ Kingshurst CaterF*llars Flaygro CJO KIr￿hur￿l Pnmary Ethool Schotsl Close Kingshurst Birmingham 837 6BN Trustees Kate Bralop Elizabeth CotrAey Kelly Hwtef Doreen Lee Jane McNalty Jean Jthr Zoe H811 lapw'nted 10 July 2023} Accountants 102 Hamstead Road Great Barr Birmingham 843 5BN Ind•pend•nt ExAmln•rs Samantha Jackson Pead Accwntancy Services ￿"MIted 61 Bndge Street Kington HRS 30J 8ank•rs Ct>operative Bank 1 Balloon Street Man¢hester 60 4EP REGISTERED CHARfTY NUMBER. 1193128 Klngshurnt Cat•rplll*rs CIO Report ofth• TNst••s lor th• Y•*r End•d 29 F•bfUary 2024 STATEMENT OF TRUSTEES RESPONSIBILITIES The trustees are responyNe for prepariro the reForl ol Ihe Irustèes 8nd the financial statement8 in a￿[dance wth applicable law Unrted ￿'ngdoM a(*x)unting slandards (Unrted Ki￿d0M Generally Accepted Ac¢ountsr@ Pr￿￿￿1. In prepariTrJ those finanfial statements. Ihe tvustees are required to.. . select gjitable o¢¢ourth'ng Wioe8 ￿ then aFpty them ¢)xtsistenUy", . observe the metlK*Js and wnuF4es in the Ch• SORP". - make judgements and esb"m¥les that a￿ ￿asonable atyl pn*Jen( . state whether applKable ac￿UnD"rQ standards have teen lollowed, subject lo any malerial dePar￿reS discklsed and exk￿•[￿d in the finaniyal sktements," - prepare the fnarbja ￿atements on ts g￿ng C4)ncem basis unless il Is inappropnale lo presume Ihal ￿ r*ity ¢￿￿r￿Je in business. The tru*ees rest#￿$t￿e for kee￿Thj proper accounting records which disdose with ieasonable accuracy at any bme Ihe FKIStti(￿ of Ihe chanty. They are also ie5ponsible for safeguarding the assets of the anty arKI iakjng reaSona￿e steps the preverttion and delecb"¢)n of fraud and other irregularities. In so f¥ as Ihe trustees we a%ware" - Ihere rv) ￿￿an1 fftl(Thiatson of the charitys independent examiner are unaware.. and - the tr￿leeS have tsken all steps that they ought lo have taken to make themselves aware of any levant in10m￿￿ and to eSta￿lSh that Ihe Independent examiners are aware of that Infomatsc Approved ty txdef of the t*)ard ol tru&ees on 22 November 2024 and signed on Its behalf by.. Elizabeth Cotley REGISTERED CHARtIY NUMBER.. 1193128 Klngshurnt C#t•rplllars CIO R•port of th• Ind•p•nd•nt Ex•mln•r8 tor th• Y••r End•d 29 F•bruary 2024 We re￿rt to the charity tru3te¢8 on my examlnallon of the accounts of Ihe CIO for the year ended 29 February 2024 whieh are set out on pages. 10 10 20 R•sponslbll￿lI* •nd b•81¥ of rnport As the charity truslee5 01 the CIO you are reSPon￿bIe lor the pTepaiats"on ol Ihe accounts in oecordance wth the rnquirements ￿ the Charibes 2011 I'the Act'i. We report in respect examinatlon of the charitys a￿UnIS Cathed out undw 8ethon 145 01 the 2011 Act and in CaT￿ng ¢yJt ￿r examInatsc￿ I have followed all Ihe applicat4e Dlrecbons given by the Chanty Commis8ion undef sectson 14515llbl ol the Acl. Ind•p•nd•nl •x•mln•rf• stst•m•nt We have compleled ¢xw examination We confimi that no material matters have come lo my attenllon In conne¢tth ¥Ath the examinabt)n giving us cause lo believe thal In any matenal respect.. 1. ar*4ffits'rvJ rect￿dS TAwe kepl ￿ respect ol the CIO as required by sectlon 130 of the A¢l', or 3 the act￿￿￿$ wrth the appliGable requirements concernino the form and content of accounts sel OIA In the CIwttRs IAcmJnts an¢J Reports) Regulauons 2008 other than any requlrement thal the aCc¥￿ts w 4 aThJ fair vithy which Is nol a matter considered as part of an independent 4. the aoxrtffts have rbx bewt wepafed In xcordance wth the methods and prIncI￿e5 of the Slatemurt d Re¢c¢nmtr*Jed Prac*ce f¢y acc¥yJnbng and reporting by charibes (applicable lo F¢e￿ng thew ￿£(KInts In accordance wth the Financial Reportlng Standard app4caL4e In ￿ UK and Rewlljc of Ireland IFRS 10211. We have rKJ c(￿eMS and have Cy)me acTOSS other matters in connects.on wlh the exarninalion lo which 8ttentson should be dra*n wi thts reF4)rt In order ¢0 enable a proper understanding of the accounts lo be Samantha Jxkson Pearf Ac¢(xJntsncy Services ￿'mrted 618ri¢SJe Street Kington HRS 3DJ 23 November 2024 RÉGISTERED CHARITY NUMBER.. 1193128 Klngshurst CAt•rplllar8 CIO ststgment of Fln4ncl#l Actfvitl•s for the Y•ar Ended 29 F•bruary 2024 2023124 2023r24 Unre5trf¢tsd Restrlcted lunds funds 2023124 TotAI funds 2022123 Total funds Not•8 INCOME AND ENDOYIMENTS FROM Charltsble 4ctlvltl•s Charrtable a¢ty¥￿e5 103,290 19,630 122,920 108.229 Tot•1 103,290 19,830 122.920 108,229 EXPENfThJRE ON Ch*rltabl• •¢tlvlll•s Charrtat4• 97,845 20.237 118,082 114.802 Totsl 97,845 20.237 118.082 114,802 NET IMCOME 5.445 607 4,837 .573 RECONCIUATK)N OF FUNDS Totsl funds brought tonward 46.624 3,712 50,336 56,909 TOTAL FUNDS CARRIED FORWARD 62,069 3,104 55,173 60,336 CONTNUING OPERATIONS I Inczjme and expenditure has arisen from conbnuing ath"vits"e8. 10 RÉGISTERED CHARfTY NUMBER.. 1193128 Klngshurst Caterplll•rs CIO Balanc• Sh••t At 29 February 2024 2023124 2023124 Unr•strlct•d R•strlct•d funds funds 2023124 Totsl funds 2022123 Tot41 funds Notes CURRENT ASSETS Tangible Assets 1,465 CURRENT ASSErs Casll at bank arKI In hand Debtors 50.758 10,062 60.820 3,104 53.862 10,062 63,925 57.603 1.591 59.194 3,104 CREDITORS Amounts falling kn ¥fflttin ￿ ye 8,751 8,751 10,324 NET CURRENT ASSEfsiiuABILmESI 52,069 3.104 55.173 48.870 TOTAL ASSEfs LESS CURRENT L￿BILMEs 52,069 3.104 55.173 50,336 NET ASSErs 52.069 3,104 55.173 50.336 FUNDS UnresbKAed fu￿ Restr￿1￿ fvnds 52,069 52,069 3.104 55.173 46,624 3,712 50,336 3.104 3.104 52.069 directors ackno￿* thw"r respon￿￿11￿e5 wth respect lo Ihe accnunting recor¢Js and the preparation of chanvs trustees ￿nsider that an audit is not requi￿ for this year. under Section 144 of the Charities Act 2011 lffte 2011 Actl - In acc￿dancE with section 145 of the Chanlies Acl 2011 Ihe accounts have t)een examined by an IndeperKlent examiner whose report appears on page 9., The financial slatements were approved by the Board of Trustees on 22 November 2024 and were SIgr￿ on rts behalf by. El￿beth Cobley Twstee AEGlSfERED cHAR￿y NUMBER.. 1193128 Klfiq•hurst C•t•rplll*rn CIO Not•s to th• Fln¥ncl•l Stat•m•nts lor th• Y•*r EDd•d 29 F•bruary 2024 1 ACCOUNTING POLICIES 8a•ls ol pr•parlng th• fln•n¢l•l •tst•m• finanoal stalwntrts (4 th¥tst4e entrty hwe been rxepared In ￿LOrd8￿ with the Charlties SORP IFRS 1021'AcCU￿ Rewitrwd ty Chth Statement of Recwimended Pracb¢e ap￿Lable to Ihey XC(￿ts wrth the F4nanua Re￿rts"ng Standard aFw1ca￿e In the UK aTrJ Republ￿ ol brelaTrJ IFRS 1021 leffethe 1 Jwuary 20191,. Finants* Reporbng Standard 1￿2 ' The Fsrw)o* ReFotsTr3 Sta￿￿ ¥PI￿at￿e In the UK and RewtslK ol Irdarbd, and Ihe Companw Acl 2006. In¢om• I Ir￿(¥￿e &atemeth ol Financ4al Athw"ts'es onc£ the cknarrty has entsuement to Ihe fvnds, rt 1$ wthble tr)ai the be rtt•veO aTrJ IM amthml can be measured reliably. For to be I•>>￿ed ts i*arty ￿11 have been rnbfied of the amounts and the 8ettlemerrt date i wrFbrYJ 11 thwe ¥e att￿l￿d to the donabon and this require3 a level of perfoTman¢e before be Ihen Iht Income ts delerred ufttsl those ennditions are lully met or the fulfilment ol Ihe rxirbtrc4 of the ¢*aity arml rt Is ￿0bat￿e Ihat they wlll be fulfilled. I￿￿Tre Irun IncLffle eamed from fundraiwNJ events, trading aciivitieB and t ol to tenarts Irrmie 18 r￿eNed rn exchange for supplwng goods and seTvice8, in trK•yne frrffn f*thethU'Ca￿, gr•rt or're4enue' grants. Is rwnised al fair value when the charity has enbtlemwrt kn arry cc￿d￿ have tttn met. it is probable that the incnme will be rectNed and tr￿ be measured reliably 11 entsljemenl Is not mel then Ihese amounts are delerrèj Intwmt crf ILr#Js l￿d cffi {￿F￿S.rt M Ind￿ T*t*n receiva￿e and the am￿jnt can be measured reliably by the charty, It￿ ol interest paid cy payable by the Bank. Expndltyr• Liatslth• we rwThwJ a• expendrture a8 0¢￿ as there Is a legal or C4)n8trudJ've cbligation c4nmlth.ng the charty lo Il￿t exFendrtwe, rt Is prrtjable thal a Iransfer ol economic benefiis wll be required in 8etUemerrt and Ihe amumt of the D￿lgab.0n can be measured feliably. Expendrture is accounted for ¢Jn an acLrual8 ba￿8 and has been clawfied ￿1￿ heading8 that aggregale all costs relatlng lo Ihe category. IhThere costs ¢anncl be thredly attrit￿ted lo a pa￿C￿lar heading they have been allocaled lo activilles on basi8 wn*stent wrth the u8e ol ie8ource8. Expenditure Is das8ified under the following acbvity headings.. ExFendrtwe (m thantsble a(*¥￿e$ IrKILKles thè direLt C08ts of actlvikn"eB undertaken lo further the purpo of the djaiity, I￿lUdIng grani8 payable arHJ all a880aated 5UPPOrt ￿$ts. Cost of ra￿r￿j fundB ihe costs olcommerdal Iradlng. 12 REGISTERED CHARITr NUM8ER.. 1193128 Klngshurst Cat•rplll•Ts CIO Not￿ to the Flnanelal Stat•m•nts for the Y*•r Ended 29 Fèbruary 2024 1 ACCOUNTING POUCIES Expendlture - contbnued Support costs are those that assisl the work of the charity but do not diredy Tepresenl charitable activities and Include governan￿ costs and administrative support costs They are incurred directly in support ol expenditu￿ on the obFc15 of the charity. whe￿ support Costs cannot be directly attributed to particular headings they have been allocated to Cost of raising funds and expendrture on chantable adivities on a basis consistent wth the use of resources. C•sh at bank and In hand Cash at bank and cash in hand indudes Gash and short term highly liqtjid investments wrfh a short matunty ol three months or less trom Ihe dale of acqUI￿tion or opening ol the deposit or similar account Credltor4 and provlsk>ns credito￿ and provi&ons a￿ rewjnised where the thanty has a present obligation resulting trom a pa51 event that will pthbty ￿lt in the transfer of funds to a Ihiid paty and the amount due lo settle the oNigatson be measured or esbmaled rel¢ably. creth.tors and Provisions are norm8Jly reeognised al their setlement amc4Jnt after alknwng for any trade discK)unts due. D•btors Trade and cther debtcrfs ¥e recognised at the setdement amount due after any trade discount offered. PrepayTnents ¥e at the amount wepakl net of any trade discounts due. TangllJl¢ Flx•d Ass•ts Depreoats'on ￿ pyovvjed ai the folky4Mng annual rates in order to write off each asset over ts estimated useful lrfe. Equiwenl- 33.33% cffi cost IndNidual fixed assets costrro £350 or more are cawlalised at cost. Taxatlon The chanty is an exempl t*wity vthin Ihe meaning of schedule 3 of the Charities Act 2011 and is considered to pass tests set oui In Par4raph 1 Sc*edule 6 Finance Act 2010 and therefore it meets the definit￿ of a charrtable enb.ty for UK (xxw*"on tax Purposes. 13 REGISTERED CHARITY NUMBER.. 1193128 Klngshurst Caterplllars CIO Not•s to th• Flnanel•l Stst•monts for the Yèar Ended 29 Fébruary 2024 1 ACCOUNMNG POUCIES- contlnu•d Fund accountlng Unresth"Cted fijnds can be Ltsed in accordance with the charitable obiects.ves at the discretion of the trustees. RestrKte¢J funds can onty be used lor parbcular restn'cted purposes within the objects of the chanty. RestrKfJ'ons arise kn spea'fied by the donor or when lunds are raiseLI for particular restricted purposes. A detailed summary of ead) fvJThJ, fx)th restnded and unreslncte(I, Is Induded in the notes lo the financAal statements on paJe 16. Penslons costs and ¢>th•r p￿t￿ttIremftnt ben The charty OFer31es a Oefir*d contnbubon pension scheme. Contributions payable lo the charitable entity's pens￿ SCI￿ are to the Statefflenl of Finanaal Activitses in the penod to which they relate. Trustèes r•muneratlon and bèneffts There v*ere rK) trustees. r￿Dunerat￿ or other benefits received for the year ended 29 Febwary 2024, nor for the year 28 Fetffuary 2023 Trust••s' •xpwse5 There w￿e rn DlJStees' expenses paid for the year ended 29 February 2024. nor for the year ended 28 Fetwary 2023 tlsrth the exce￿ of reasonable out of pocket expenses. 2 INCOME FROM CIIARITABLE ACTMTIES 2023124 2022rk3 Grants t)onknons Childcare Fees 18,630 1,945 102,344 122.920 21,940 3.955 82,334 108.229 3 EXPENDrruRE ON CHARITABLE ACTNMES 2023124 2022123 Direcl costs SupFX)rt c#)sts 115,708 2,374 118,082 112,930 1,872 114,802 14 REGISTERED CHARITY NLIMBER." 1193128 Klngshurst Cat•rplllar8 CIO Not•s to th• Fln*nelAI Stat•m•nts for th• Y•ar End•d 29 F•bru4ry 2024 4 DEBTORS: APK>UNTS FALUNG DUE WITHIN ONE YEAR 2023124 2022123 8,695 1,347 20 10.082 720 854 16 1.591 Prepayments S CREOITORS.. AMOUKTS FALLING DUE WITHIN ONE YEAR 2023124 2022123 3,551 5,200 8,751 5,718 4,606 10,324 6 TANG18LE FIXED ASSETS Equlpmènt Tot*1 C<>sl 4t l M¥th 2023 4.397 4,397 ¢￿t •t 29 F•bruary 2024 4.397 4.397 DeyecA*on at 1 Marth 2023 2,932 2,932 Charge lor the year 1.465 1.465 D•pr•¢14tlon #t 29 F•bru•ry 2024 4.397 4,397 Net took at 1 March 2023 1,465 1,465 N•t book ¥•lu• •t 2• F•bru•ry 2024 15 REGISTERED CHARtrY NUMBER.. 1193128 Klngshurst Catèrplllirs CIO Notès to thè Fln•nclAI St4t•m•nts forth• Y•4r Endod 29 F•bruary 2024 7 MOVEMENT IN FUNDS N•t movem•nt In funds Transf•r b•tween funds At 29.02.24 At 01.03.23 Unr•strfet•d fund• Gener* 46.624 5.445 52,069 R•strf¢t•d funds Children In Nee¢J Elaine Herbert mern￿l Fund Total RestrKaed Fw 3,712 607 3,104 3.712 607 3.104 TOTAL FUNDS Nei fixKls. IndLthd In the at)ove are as lollows. In¢omlng Resourc•s Mov•m•nt resourc•s •xp•nd•d In funds UnrMtrlct•d funds 103,290 97,845 5,446 R•strl¢t•d fund• Children In Need Elainè Herbert N*monal Furkg rotal RestnLled Funds 18,630 1,000 19,630 19,237 1,000 19.237 607 607 TOTAL FUNDS 122 920 117082 G•n•r•l Fund - This relates lo general unrestricted lunds recEived induding childcare fees, unconditional donations and grants and can be used In line wth the charitses objectives as Trustees deem appropriate. Chlldr•n In Ne•d - We received finanual support from Children In Need lo cover the cost of employing two part bme staff as wdl as our rent lor a penod of three years. Withoul this lunding we simply would not be a￿e to operate the playgroup. El•ln• H•rtMrt M•morb•l Fund - ThiB lurKI Indudes donation$ in memory of Elaine Herbert who sadly passed away It) laie 2022 Elaine was a dedicated Truslee and ga¥e much of her lime towards supportlng the charty. 16 REGISTERED CHARITY NUMBE R.. 1193128 Klngshurnt Cat•rplllars CIO Not•s to th• Flnanclal Statem•nts for th• Yèar Endèd 29 February 2024 8 RELATED PARn TRANSACTIONS There wwe no Iransactons wth related parties for the year ended 29 FebTuary 2024 nor for the year ended 28 February 2023. 9 OPERATING LEASING AGREEMENTS Mtrumum lease paymenis fall due as follows.. 2023124 2022123 Wthn rfft year 3.000 4.500 3.000 7.500 3.000 10 STAFF COSTS AND ASSOCIATED EXPENSES 2023124 2022123 87,706 82,071 1,824 89,530 1.386 83,457 averap rnxnter ol em￿¢)yeeS during the year was as follows.. 2023124 2022123 F￿1 Twne Part Time No emF4oyee re¢￿ed emduments in ex￿$$ of £60.000 The Chan"ty cJ)nsders its key management persomel rx)mprise of the Trustees. Twslees receive no remuneraD(M) or other benefits from the chanty lor their Trustee duts"es. 17 REGISTERED CHARITY NUMBER.. 1193128 Klngshurst C4t•fplll4rs CIO Noto8 to th• Fln4nclal St4t*m•nts lor th• Y••r End•d 29 Fobruiry 2024 11 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2023 2022123 Totsl fund¥ restrlcted Rostrlcted fund$ funds Not INCOME AND END0￿￿ENTs FROM Chanlable acthvrt 89,289 18,940 108,229 Totsl Inwm• 89.289 18.940 108,229 EXPENDrruRE ON 95.922 18,879 114,801 T¢>t*l •xpndltrJ¢• 95,922 18.879 114.801 8,834 81 6.573 RECONCILIATION OF FUNOS Total ftmds ￿h1 forw￿d 53.268 3.661 56.909 Tot*1 fund• urrl•d lorward 48,624 3.712 50,338 18 REGISTERED CHARITY NUM8ER.. 1193128 Klngshurst Cat•rplllars CIO Notes to tho FSnanclal Statements for th• Y•ar End¥d 29 February 2024 12 COMPARATfvE BALANCE SHEEr FOR THE YEAR ENDED 28 FEBRUARY 2023 2022123 2022123 Unre5trl¢t•d R•strlet•d funds funds 2022123 Total fvnds CURRENT ASSETS Tangl￿e A￿ts 1,465 1.465 CURREKf ASSErs Cash * bank aThY In 53,892 1,591 55,482 3.712 57,603 1.591 S9.194 3,712 CREDITORS AM(XX￿ lallub3 thje V•thin one year 10,324 10,324 NET CURRENT ASSEfsi(LIABIUTIESI 45.158 3.712 48,870 TOTAL ASSETS LESS CURRENT LIABIUTIES 46.624 3.712 50.336 NET ASSETS 48.624 3,712 50,336 FUNDS Unrestnded luTrts Resthcled luThJ5 46,624 46.624 3.712 50.336 3,712 3,712 46,624 19 REGISTEREO CHARrrY NUMBER.. 1193128 Klngshurst Cat•rplllars CIO Notes to the Flnanclal Statements for the Year Ended 29 February 2024 13 COMPARATIVE MOVEMENT IN FUNDS FOR THE YEAR ENDED 28 FEBRUARY 2023 N•1 movement In funds Tr#nsf•r botw••n funds At 28.02.23 At 01.03.22 Unrnstrl¢ted tunds General fuThJ 53.258 6,634 46.624 Restrl¢ted fund5 ChiSdren In Need Heart of Eroland Totsl Restncled FurKts 3,212 439 3,651 500 439 61 3,712 3,712 TOTAL FUNDS Net in luThJ$. in the above are as follows. Incomlng Resources Plovement r•sour¢è$ expended In funds Unr•strlct•d funds General luThl 89,289 95,922 6.634 R￿trIct•d funds Children In Need Heart of Er¥Jland Totsl Reslrwd Funds 18,940 18,440 439 18.879 5C() 439 61 18.940 TOTAL FUNDS 108 229 114802 20