Charity Rgjislrabon Number 0278542 Holsworth Prn h olPla rou Trustees Re ort and Accounts for tho Year En d 31st Jul 2024
Holsworth Pre School Pla rou Trustees Re ort for Year Ended 31st Jul 2024 The Trustees present their Annual Report and Accounts for the year ended 31 st July 2024. Legal and Adminlstrative Full Name of Charity: Holsworthy Pre School Playgroup Charity Registration Number.. 0278542 Governing Instrument.. Constitution adopted 19th July 1979 Building Trustees.. Mrs Hannah Piper Mrs Mel Allcorn Mrs Pauline Masters Trustees.. Emma Taylor-Luxton (Chair) Beth Lintott (Secretary) Kirsty Taylor (Treasurer) Maria Martin (OFSTED registered person} Daniel Underwood Katherine Watson Victoria Osbourne Louise Passmore Anna Brown Kerry Williams Claire Humphreys Principal Address of the Charity: Badock Gardens Bodmin Street Holsworthy EX22 6BQ Independent Examiner: Rebecca Moore FMAAT 22 Bray Road Holsworthy Devon EX22 6FJ
Holsworth Pre School Pla rou Trustees Re ort for the ear ended 31st Jul 2024 (continued) Objects of the Charity To advance the education of children below compulsery school age by; a) providing safe and satisfying groupplay in which parents have the right to take part b) encouraging other charitable activities through which parents may help the children c) furthering the aims of the pre-school playgroup association. Prlncipal Powers of th6 Trustees The Trustees delegate the day to day organisation and running of the Charity to the Committee. They are available to support the Committee as requested and are involved in the Charities statistical policies. Prlnclpal Powers of the Committee The Committee oversees the financial administration by monitoring the Charity income and expenditure. Furthermore the Committee plans and co-ordinates fundraising events. Appolntment of Truste68 I Commlttee members The Trustees were appointed upon charity registration by virtue of their hard work and comittment with regards to the playgroup. Committee members are voted onto the manangement committee at the annual general meeting by existing committee members. Revlew of Development Durlng the Year Holsworthy Pre School Playgroup can be found in the beautiful setting of Rowland Gardens, in the centre of the town. Children are looked after in a happy, safe environment by our trained stsff. We continue to provide sessional care for children aged 2-5 years. Currently we have 40 children on our register and are open 5 full days a week. We are Ofsted registered and follow the Early years Foundation Stage Framework. Funding Is available for children the term after their 3rd birthday. 2gether funding for year olds who meet certain criteria is also available. Every year we hold a number of fundraising events in the community, which also helps to raise awareness of our charity. The children are offered a variety of activities including painting, craft, construction, stories, cooking, music and physical play. We take the children on outings within the community such as the Library and the Fire Station. We also welcome visitors to the playgroup such as the police, Lollipop Lady, Nurse and Vet. We continue to work with outside agencies such as Speech and Language Therapy, Portage and Nursery Plus to support children with additional needs.
Holsworth Pre School Pla rou Trustees Re ort for the ear ended 31st Jul 2024 (continued) Financial Revlew of the Perlod This year the accounts are showing an overall surplus for the year of £13,170 compared to a deficit in the previous year of £5,568. Income received increased overall by £22,535, £19,580 of this is an increase in fees. Expenditure has increased by just under £4,000. Staff costs have increased by £10,326, however electricty costs have decreased by £5,936. Res?rves Policy The Trustees and Committee have identified a level of reserves to be retained to meet exceptional items of expenditure. We maintain an account (Contingency Fund) which has enough funds to cover these costs for a period of one half term. We also maintain a redundancy account which is held to cover any staff redundancies. The amounts in both accounts are regularly reviewed by the committee at meetings. Investment Pollcy The Trustees and Committee have agreed that all investments should be low risk utilising interest bearing bank accounts. Major Rlsks The major risks to which the charity is exposed as identified by the Trustees and Committee continue to be reviewed and systems have been established to mitigate those risks. Actlvltles for the Publlc Beneflt The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives in planning future activities. Rèlated Party Tran8actlon8 There have been no related paty transactions during the year. Annual Accounts The accounts comply with the statutory requirements, the governing document and the statement of recommended practice.
Trustees Responsibilities in relation to the flnancial statements The Trustees are responsible for preparing the financial statements in accordance with applicable law Law applicable to Charities in England and Wales requires the Trustees to prepare financial select suitable accounting policies and apply them consistently. - observe the methods and principles in the applicable Charities SORP., make judgements and ests'mates that are reasonable and prudent. state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial ststements, and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will remain in operation. The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and which enable them to ensure that the financial position of the statements comply with the Charities Act 2011 and the Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the Charity's assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Trustees on .and signed on their behalf by,. irsty Taylor (Treasurer)
Holsworth Pre School Pla rou Balance Sheet as at 31st Jul 2024 2024 2023 CURRENT ASSETS Cash at bank and In hand 40,411 27,241 RESERVES Unrestrlcted Funds Designated Funds Contingency Fund Redundancy Fund Equipment Fund 7,158 2,067 10,247 14,834 8,172 10,132 10,129 4,913 40,411 27,241 Approved by the Board of Trustees on . and signed on their behalf by.. Emma Taylor-Luxton (Chair)
Holsworth Pre Scho I Pla rou Statement f Financlal Activities for the Year Ended 31st Jul 2024 Total Note Deslgnatèd Funds Unrestrlcted Fund 2024 2023 Income and Expendlture Incomlng Resources Fees Grants and donations Fundraising and events Inveslment income 84,551 2,764 2,667 84,551 2,764 2,667 297 64,971 343 2,329 101 297 Total Incomlng Re8our¢e8 297 89,982 90,279 67,744 Le$$: Cost of generatlng fund8 Fundraising expenses 758 758 913 Net Incomlng resources avallable for ¢harltablo expendlture 297 89,224 89,521 66,831 Rg$ources Expended Charitable Activities 76,351 76,351 72,399 Total Re8ource8 Exponded 76,351 72,399 Net Ingolng rn8ource8 before tran8for8 297 12,873 13,170 15,588) Tran8fer8 between lund8 Balance brought forward Balance carrled forward 7,782 25,174 (7,782) 2,067 27,241 32,809 33,253 7,158 40,411
Holsworth Pre chool Pla rou Notes to the Accounts Forthe ear ended 31st Jul 2024 Accounting Policies The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts {financial statements) have been prepared in accordan with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} issued 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015. The accounts (financial statements) have been prepared to give a 'true and fair, view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to give a 'true and fair, view. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS1021 issued on 16 July 2014 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The trust constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern. Incomlng Resourc•s All income is included in the SOFA gross of any expenditure. The income is recognised into the accounts when it is received into the Charity bank account. No income resources are deferred. Rasources Exponded All resources expended are included in the SOFA gross of any income. All resources are allocated between funds on an actual basis where possible. If such allocation is not possible the resources expended are allocated at the Trustees discretion. Donation8 and legacies Donations and legacies are recognised in the accounts when they are received by the Treasurer. Cash flow statement No cash flow statement has been included on account of the stze of the charity.
Holsworth Pre chool Pla rou Notes to the Accounts ear ended 31st Jul 2024 For the continued 2 Fees 2024 2023 FS Funding 12.234 72,317 13.041 51.930 84.551 £ 64,971 3 Fund Raising Income Expenses 2024 2023 Christmas Stal Christmas Draw Christmas Paty Open Aftemoon Summer Fete Sponsored Toddle BBQ Tamar Lake Easter 100 Club Table Top Halloween Clothing Bags2School Jubilee Open Aftemoon 270 67 203 326 (67) 155 130 25 801 307 198 136 275 278 523 307 198 136 275 (43) 10 136 {1) 140 247 364 240 148 43 15 220 150 140 69 30 48 151 2.667 £ 758 £ 1,909 £ 1,416 4 Investment Income Interest received 297 £ 101 5 Charitable Activities 2024 2023 Unrestricted Fund Staff Costs Training Advertising Morning expenses Equipment, toys and repairs Building repairs Grasscutting Light and heat Cleaning materials Insurance Telephone Rates and Water Postage and stationary Sundries Subscriptions 65,443 596 108 2.225 1,572 55,117 1,062 108 1,957 917 329 174 8,616 75 1,013 1,100 1,205 159 257 310 68 2,680 15 1,106 1.067 1,004 144 143 180 £ 76,351 £ 72,399
Hol8WOrth Pre S hool Pla rou Notes to the Accounts ear ended 31st Jul 2024 For th6 contlnued 6 Staff costs Gross Wages Employers national insurance 27,766 23.983 Gross Wages 65,443 £ 55,117 On average there were g part time employees during the year. There are no employee emoluments above £60,000. 7 Taxation Holsworthy Pre School Playgroup is a Registered Charity and the results of its nomal activities are not liable to tax. 8 Trustees Remuneratlon and Expenses The trustees all give freely their time and expertise without Sny form of remuneration or other benefit in cash or kind12023.' £nil). There were no Trustees expenses in the year. 9 Donated Good8 and Volunteer8 The charity receives a lot of help from its supporters, who give their time freely and often donate small goods such as cakes and raffle prizes. No entries have been made in the financial statements to reflect this as the amount cannot be quantified. 10 Unrestrl¢ted Fund The general fund is to be used for the objects of the charity. It has arisen through general fundraising activities. 11 D•8lgnated Fund The Trustees and Committee have identified the need for a maintenance and redundancy fund. The purpose of this is to build-up a fund to be utilised for unexpected repairs and renewals to the property and to cover any redundancy costs.
Inde endent Exam ars Re ort e Trustees of Holsworth Pr8-School Pla rou R8sp8ctlve responsibilities of trustees and examiner The charity's trustses 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 of the Charities Act 2011 (the Charits'es Act) and that an independent examination is needed. It is my responsibilrty to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charrty Commission (under section 145{5){bl of the Charib'es Act, and to stste whether particular matters have come to my attention. Basls of Indapendent examlner's Statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a revièw 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 the 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, view and the report is limited to those matters set out in the ststem8nt below. Independent examine8 8tstgm6nt In connection with my examination, no matter has come to my attention 1 which gives me reasonable cause to believe that in, any material respect, the requirements.. to keep accounting records in accordan with section 130 of the Charibes Act., and to prepare accounts which accord with the accounting record8 and comply with the accounting requirements of the Charikn'es Act have not been met., or 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Rebecca Moore FMAAT 22 Bray Road Holsworthy Devon EX22 6FJ Date.. 17th February 2025 10