COMPANY REGISTRATION NUMBER: 01271562 CHARITY REGISTRATION NUMBER: 278929 Sandbrook Community Playgroup Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2025 ALLEN, WEST AND FOSTER Chartered accountants Omega Court 364-366 Cemetery Road Sheffield S118FT Sandbrook Community Playgroup Llmited Company Limlted by Guarantee Financial Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the dire¢torfs report) Independ$llt examin¢rfs rewl to the truste8s Statement of financial activities lincluding Income arKI exp8nditure 8e¢ountl Statement of financial wsitson Notes to the financial statements Sandbrook Community Playgroup Limited Company Limited by Guarantee Trustees. Annual Report {Incorporating the Directorfs Report) Year ended 31 March 2025 The trustees. who are also the difector5 for the purposes of ¢ompany law, present ¢hÈir report and the unaudited financial statements of the charity for the yèar ended 31 March 2025. Roferencg and admlnlstrative dots115 R•gl8tered ch•rity nam• Sandbrotsk Community Playgroup LSmited Charlty r8glstration numbèr 278929 Company rèyistration numb•r 01271562 Prlnclpal offKe and r•gistered 85 Sandbrook Road offlco Londo N16 OSL The trust••s E HaTHan T Sanchez Sanchez R John V Al￿1n EA￿n Ms A Clough MrJ Morris MS A Lampaski Ms M Dougherty Ms T Sykora (Resigneil 26 Sept9rnber 20251 {Resigned 25 September 20241 (Resigned 12 June 20251 (Appointed g April 20241 (Appointed 12 July 20241 (Appointed 25 November 2024) (Appointed 2 June 20251 IDdep•ndènt •xamlner Mr S D Allen FCCA ACA Omega Court 364-366 Cemetery Road Sheffield S118 structure. gov•rnaneè and managernant Th8 Charity is registered 8s a eharitsble u)mpany limited by guarantae and was set up by 8 Momorandum of Asswi8tion on 3 August 1976. The tn8nagement of the Charity Is the responsibillty of ihe Manag8m&nt Committee who are elected at the Annual General Meeting by tha members or Cl￿pted between general meetings in accordan￿ with the lems of the Arbcles of Association. Oblectlve¥ and aetlvltles The principal object of the Charity is 10 8dvance the education of children below compulsory school age. The Managemènt Commiitee members carriad out the objects of th8 Company In the yoar by th8 provislcm of a playgroup in th8 London Borough of H8¢kn8y. Sandbrook Communlty Playgroup Limited Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Director's Report} {contInu Year ended 31 March 2025 Aehiov8m•nts and pèrform8nco Sandbrook Community Playgroup continues to provide good quality childwcare and education for pre-school children. The Playgroup was Inspectod by Ofsted in 2024 and provision was judged as"Good" The Staff and Committee Members have worked hard to ensure th81 as many places as possible were filled and occupancy was high again this year. Sandbrook Community Playgroup Limited Company Llmlted by Guarantee Trustees. Annual Report {Incorporating the DIrecto￿$ Report) {￿ntInu•d) Year ended 31 March 2025 Flnanclal rnvlew The Charity made a surplus of £56,265 ￿lch is higher in comparison to prior y8ar$ 12024 £45,737). The Charily has 8¢¢umLtlated resfyrves of £184,581 12024 . £128,316). Rosgr¥tts Prjllcy The Commiltee considers th* thè free reserves of approximately 3 Trff)nlhs of resources expended, which equates to £45.354 would enabl8 current actiwties to continue in the short term should funding drop significantly. Both the policy and Its im￿ementsti0n are ￿d&r regular scrutiny. Risk Assessmènt The Commlttee 18 yet to cornplele a fomial assessment of risks facing the Charity but considers that steps have b88n taken to mitigate major risks. both financial and operatlonal. Incomo Children recaiv& funding via the Eady Years National FurKling Formula {NFFI from the term after their third btrthday which means that the playgfOUP receives fundin9 for 15 hours per child per week. Some children are now able to claim 30 funded hours a week. In addition funding is now available for tWO-ye8r-olds from families In receipt of benefits. Fè&s are charg8d for those mt yel enlilled to NFF fundlng. In addition p8ymenls lolalliro £29,693 were ￿e81Ved frorn the Subsidised Childcare Prograrnme of Hackney Education during the finan￿81 year. Voluntary donations are made by parents. The pl8ygroup asks for £10 a week frorn those in employment and £2.50 for those in receipt of benefits. £1,430 was raised in donations in this financial year. Gift Aid is claimed on many of Ihèsa donations. The Managemanl Committee also rdiS8S money through fvndraislng events, £7.343 was rais8d in total through fundraising in this financial year. stofflng The playgroup 8tnploys a Manager, a Deputy Manager, three Earfy Year Practiboners. Three inset days were held duriNJ the acadtrmlc year for stsff training. Property The playgroup continues to rent 85 Sandbrook Road from London Borough of Hackney. Managoment Committee All parents are meM￿rS of the Committao and somo parènts are elected as Officers, becorning Directors an¢J Trustees of the Charity. The Officers have overall responsibility lor the fin8nci81 management and Nnning of the playgroup. Meetings of the Committee take place on¢8 a temi and minutes are distributed to all parents of children at sa￿dbrC￿k and to stsff. Sandbrook Community Playgroup Limited Company Limlted by Guarantee Trustees. Annual Report (Incorporatlng the Director's Report) fconiinued) Year ended 31 March 2025 Emma Hamian continued as a trustee In the role of Chair but will sland down after 1st Decèmber 2025. Victoria Al-Din In the rola of Tre8surer Stood down on 23rd September 2024 and Androniki Lampaski becam& Treasurer on th6 sama date but will also stand down aftar 1st Dg¢8Tnber 2025. Ronnika John continuas as Nursery Man8ger and trustee. Ann Mario Clough became 8 Injstee on 9th April 2024. Jarnes Morris b*carne a Irusta on 12th July 2024 and M8redith Doughèrty became a trustee on 25th Novembèr 2024. Tamara Sykora becam8 a truste6 on 2nd June 2025. Emlly Altffi stood down on 12th June 2025 and Tamara Sanchèz Sanchez stood down on 26th September 2025. Future dèvelopmènts SCP funding has baen reduced ovèrall by approxlmalely £10,000 per annum in recent ￿arS and il is likely to ba lurther reduced in the futur8. The playgroup believes that. if it can maintain high occupancy levels, il could still be sustainable, however it would need to tske mor8 fee paying Children and less funded children lo enable it to be so. It would also need to increase fees considerably. Small company provlslons Thls report has been prepared in accordance with the provisions applicable lo companies enlilled to the small compani6s èxempuon. The trusts8s' annual report was approved on 1 Decemt*r 2025 and signed on behaff of the board of trustees by.. Ms A Lampaskl Trustee Sandbrook Community Playgroup Limited Company Limited by Guarantse Independent Examlner's Report to tho Trustees of Sandbrook Communlty Playgroup Limited Year ended 31 March 2025 I report to the Iwslees on my examination of the financial stslements of Sandbrook Community Pl8ygroup Limil8d I'th8 charity'l for the year ènded 31 March 2025. Rosponslbllltl•8 and t)asls of r•port As the trustees of the company land also its directors lor ttie purposes ol cornpany18wI you are respx)nsible for the preparation of the financial statements In ac￿rdanCe with the requirements of the Companies Act 2006 I'the 2006 Act'l. Having satisfiad myself that the 8¢¢ounts of the company ara not required to be audit8d under Part 16 of the 2006 Act and ar9 01igible lor independent examination, I report Tn respect of my ex8min8tion of the Charity's accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under se¢ti¢n 14515llbl of the 2011 Act. Indèpendent examln•rfs statement I have completgd my èxamination. I confirm that no matters have come to rny attention in connection wth tha examination giving me cause to believe.. accounting records were not kept Sn respect of the ch8r(ty as required by secJon 386 of the 2006 Act: or the financial statematts do nol accord with those records.. or the fin8n¢ial statements do not comply with th8 accounting requir8m6nts of section 396 of the 2006 Act oiher than 8ny requirement that thè accounts givé a 'true and fairf view which Is not a mattgr considered as part of an independent examination- or the financi81 ststements have not been prepared in accordance with the methods and principles of the Statement of Recommended Pfactice for accountin9 and reportirYJ by ¢harits"es applicable to charities preparing their accounts in aecordance With the Financial Reporting Standard applicabl8 in the UK and Rgpublic of Ireland IFRS 1021. I have no concems and have come across no olh8r mattars in connection with the examination to whlch atttsntion should be drawn in this report in order to enable 8 proper understanding of the accounts to be rea¢hgd. Mr S D Allen FCCA ACA Indèpendent Exarnirser Ornega Court 364-366 Cemetary Road Sheffield S11 8FT 1 December 2025 Sandbrook Community Playgroup Llmited Company Limited by Guarantee Statement of Financial Activltles (including Income and expenditure account) Year ended 31 March 2025 2025 Unreslrict8d funds Total fund¥ 2024 Total funds Nots Income and endowm&nts Donations and legacias Ch8ritable activities Other trading activitles Investment incomè 1,688 226,972 7.343 1,679 1,688 226,972 7,343 1,679 237,682 4,574 216,561 12,142 725 Totsl incom• 237,882 234,002 Exp•nditure ExpenditUTa on charftsble actiwties Total expendlturo 9,10 181,417 181,417 181,417 181.417 188,265 188,265 Nèt Incomè and n8t movament In lund$ 56,265 58.265 45.737 Reconelll*ion of funds Total funds brought forward Total funds carried fonvard 128,316 184,581 128,316 82,579 184,581 128,316 The stslement of financial activities includes all gains and losses recognised in th9 year. All income and expenditure derive from continuing activitias. The not•8 on pagès 8 to 15 forni part tsf thesg flnanclal statements. Sandbrook Community Playgroup Llmlted Company Limited by Guarantee ststement of Financial Position 31 March 2025 2025 2024 Flx•d assèts Tangible fixed assets 15 11.083 15,518 Current assgt Debtr)rs Cash at bank and in hand 16 4,634 172,021 176,655 1,975 114,272 116.247 Crndltors.. amounts fallSng du• withln on• year Net current as¥•ts 17 3,157 3,449 112,798 173,498 184,581 Totsl ass8ts loss current Il•bllltl¥$ 128,316 Net assets 184,581 128,316 Funds of the charlty Unrestricted funds 184,581 184.581 128,316 Totsl charbty funds 18 128,316 For tha y88r endlng 31 March 2025 the charity was entitled to tsxemption from audit under sèction 477 of the Compani8s Act 2006 relating to small companies. Diractors. rosponsibililies.. The m8mbers have not required the company to oblain an audit ot its tlnancAal statements for the year in question in accordan¢è with section 476.. The directors acknowledg8 IhÈlr responsibilities for conwlying with the requir9rn6nts of the Act with respect to accounting records and th8 preparation of financial statements. These financial sts18m&nts have been prepared in accordance with the provisions applicable lo ￿mpanIeS Subject to the small companies, reglme. These financial statements were approved by the board of trustees and aulhorised for issue on 1 De¢omb 2025, 8nd are signed on behalf of th8 I￿ard by.. E Haman Trustee Ms A Lampa5ki Trusteè The not•s on pages 8 to 15 fomi part of th&so flnanclal statements. Sandbrook Community Playgroup Limited Company Limited by Guarantee Notes to the Flnancial Stateménts Year ended 31 March 2025 Gèneral infomi•tion The charity is a public benefit entty aThJ a prfvale company limited by guarante8. registered in England and Wales and a registered charity in England and Wales. The address gf th& registered office is 85 Sandbrook Road, London, N16 OSL. Statement of compllanc• These financial statements have been prepa￿￿ in complian¢e wth FRS 102, 'The Flnancial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statemonl of Recornrnended Prath"ce applicable lo chaftties preparing their ac¢ounts in ac￿rdance wSth the Financial Reporting Standard applicable in the UK and RepU￿1C of Ireland IFRS 1021 ICharitEs SORP IFRS 10211 and tha Companies Act 2006. A¢counting policies Basis of pr•paration The flnancial stateTnents have been prepaied on the hlstorlcal wsl basis. 88 modified by the revaluation of certain financial assets and liabilities and investment propèrties measured at falr value through Income or expenditurg. The fin8ncial stat&m8nts are prepored in sterfing, which is the functional currency of the endty. Golng Gone•m Thar9 are no matèrial unc8rtainti98 about the charitys ability to wnlinue. Dls¢losure ex8mptlon8 In lints with the Charities SORP IFRS1021 Update Bulletin 1. no cash flow ststemgnt has been presented for the company. Judgomènts and koy sour¢es of •stknatlon unc8rtainty Th6 preparation of the financlal statements rèquires managèm8nl lo makè judgernents, ostimates antt 8ssurMptions that affect the amounts report8d. Thes8 8sdmates and judgements are continually reviewed and are based experience and other lacloTS, including expectations ol fubjre events that ar8 bdieved to be reasonable under the circumstsnces. Fund aceountlng Unrestricted funds arg availabl8 for use at thè dlscretion of the trustees to further any of the charSty's purpos6s. Oesignated funds are Un￿trided funds e8rmarked by thè trustees for particul8r future projèct or commitment. Restrlcted funds arè subjected to restrictions on their expenditure dedared by the donor or through the tems of an appeal. and fall intr) one of ￿ sub eS￿M￿le the recoverable amount of an individu81 asset, an estirnate is made of the recoverable amount of the cash-generating unit to which tho asset belongs. The cash-generaling unit is the smallest idgnlifiab19 group of assets that includes the asset and generats5 cash inflows that largely independent of the cash inflows from other ass&ls or groups of assets. For imp8irrnent testing of goodwill, the goodwill acquired in a business combination is, from the acquisition dale, allocated to each of the cash-generating units that ar6 axpected to benef({ frorn the synergiès of th8 combination. irrespectiV6 of wheth8r other assets or liabilities of the charity are assigned to those units. 10 Sandbrook Community Playgroup Limited Company Llmited by Guarantee Notes to the Flnanclal Statements (Contint￿d) Year ended 31 March 2025 Accountlng polki•s (conthuÈd) Fin•nclal Instruments A financial asset or a financial liability is recognised only when the entity b8comes a party to the ¢ontraclual provisions of the instrurnent. Bas1¢ financial Instru￿ants are Initially recognisod at the amount raceivable or payable Induding any related tran58Ctlon costs. Current assets and current liabilities ar8 subsaquenlly measured at the cash or othor considerab.on expected lo be paid or received and not discounted. Debt instrumgnls are subsequ8nlly measured at amortised cost. Where investrnents in shares or preference sharès are publl¢ly tralled or their fair value can olhefwise be me8sured reliably, the investment is subsequenly measured at f8ir value with changes in falr value r•cognised in income and gXP8nditur8. AJI 0th8T such inveslm$nts are subsequenuy measured at CDSt less impairrnent. Financial assets that arg measured at ¢ost or amortised cost are rèviewed for objgctive evidence of impairment at the end of each reporting tlate. If thore is obj6ctive eviden￿ of impairment. an impairment loss is recoJnised under the appropriat8 hèading in the ststement of financial actiwties in which the init181 gain was recognised. Any reversals of Impairment are recognised immediately, lo th8 extent that the reversal does not result in a carrying amount of the finan¢ial a8so1 that ex¢&eds what the carrying amount would have been had the Impairrnent not previously been reeognised. Umlted by guarantse The company Is a company limited by guarantae not having a share ¢apltal. Every member of the company undértakes to contribute a sum ￿t 8xceeding £1 if thè comp8ny has insufficient assets to discharge its liabilities in the event of winding up. A¢¢ordingly, the company has no Share capitsl and no reconciliation of movernents in sh8roholders' funds has been presented. Donatlon$ and le9aclos Unrestricted Totsl Funds Unrèstrict8d Total Funds Funds 2025 Funds 2024 Donatlons Donations 1,688 1.688 4,5T4 4,574 11 Sandbrook Community Playgroup Llmited Company Llmited by Guarantee Notes to the Financial Statements {conriiw•dJ Yèar ended 31 March 2025 Charltabl• aCtIv￿OeS Unragtn'ct6d Total Funds Unrestricted Totsl Fltnds Funds 2025 Funds 2024 LB Hackney Fees LB Ha¢kney Leaming Trust 151,193 38,465 37,314 226,972 151,193 38.465 37,314 226.972 132.715 38,787 45.059 216.561 132,715 38.787 4S,059 216,561 Othortradlng actlvitles Unrgstrict￿l Total Fun(k Unrestricted Totsl Funds Funds 2025 Funds 2024 Paient's fundraisirKJ 7,343 12,142 72,142 Invostmont Incomg Unr8slrictg(F Total Fund$ Unrestricted Total Funds Funds 2025 Funds 2024 Bank inlerasl recaivable 1,679 1,679 72S 725 Exp•ndltur• on charltablo actlvltSes by fund typg unrestrict￿ Totsl Funds Unreslricted Totsl Funds Funds 2025 Fund8 2024 Charitabltr activth'es Support costs 178,959 2.458 178,959 2,458 181.417 185,746 2,519 185,746 2,519 181,417 188,265 188,265 10. Expendlture on charltable activities by actlvlty type Activlties undertaken directly Support costs Total funds 2025 Total fund 2024 Charitablfy a¢kn'vitigS Govemaneg costs 178,959 178,959 2,458 181,417 185,746 2,519 2,458 178,959 2.458 188.265 12 Sandbrook Communlty Playgroup Limited Company Limlted by Guarantee Notes to the Flnancial Statements (coniinued) Year ended 31 Mafch 2025 11. N¢t In¢oma N8t income is stated after char9ingllcredltingl'. 2025 2024 Depre¢i8lion of tangible fixed assets 4,855 4,961 12. Ind•pendent oxamlnatlon fee$ 2025 2024 Fees payable lo tha independent exarlllner for.. Independent examination of the financial ststements 2,520 2,520 13. staff costs Thè total stsff costs and emptoyee benefits for the reporting period are analysed as follows: 2025 2024 Wages and salaries 1SO,164 155,488 The average h98d count of employees during lh8 year was 712024.. 81. The average number of full-time equivalent employees during the year is analysed as follows.. 2025 2024 No. No. Playground Administration No employee received 8￿pIts￿6 benefits of more than £60.000 during the ye8r12024'. Nill. 14. Tru5t•• ramunèratlon and axpen¥es No rem￿neration was paid to trustee5 in the period12024.. Nil) nor were any expenses reimbursed to them 12024.. Nill. 13 Sandbrook Community Playgroup Limited Company Limlted by Guarantee Notes to the Financial Statements (¢onrfW Year endad 31 March 2025 15. Tanglblo flxgd assets Propèrty Improvemtsnts Equipmant Total Cost At 1 Apr 2024 Adllitions 47,454 18.173 420 85.627 420 At 31 Mar 2025 47,454 18,593 66,047 O•preclatio At 1 Apr 2024 Charge for the year At 31 Mar 2025 34,479 4,114 15.630 741 50,109 4,855 38.593 16,371 54,964 Carrying amount At 31 Mar 2025 Al 31 Mar 2024 8,861 2,222 11,083 12,975 2,543 15,518 16. Dgbtors 2025 2024 Prèpayments and accmed income Othèr debtors 760 1,215 4.634 1.975 17. Credltors: amounts falling duè wtthln ong year 2025 2024 Acewals and deferr6d incom OthÈr creditors 2,695 462 2.669 780 3.157 3,449 18. Anatysls of charitablo funds Unrestrlthd fund At 1 Apr 2024 At Expenditure 31 M•r 2025 Income General funds 128,316 237,682 1181,4171 184,581 At 1 Apr 2023 At Expenditure 31 Mar 2024 Income General funds 82.579 234,002 {188.265) 128,316 14 Sandbrook Community Playgroup Limited Company Limitsd by Guarantee Notes to the Financlal Statements icontlnu8d) Year ended 31 March 2025 19. An•lysls of net ass•ts betw8•n funds Unrestricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditor8 less than 1 year Not assets 11,083 176,655 13,1571 184.581 11,083 176.655 13.1571 184.581 Unrestricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Not assèts 15,518 116,247 13,449) 128,316 15,518 116,247 13,449} 128,316 15