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2021-08-31-accounts

Registered Charity 291814

Hatfield Broad Oak Under 5's

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REPORT & ACCOUNTS

FOR THE YEAR ENDED 31 August 2021

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GLW Management Services Ltd 6 Norwich Crescent Romford Essex RM6 4UW

Hatfield Broad Oak Under 5's

FOR THE YEAR ENDED 31 August 2021

LEGAL & ADMINISTRATIVE DETAILS

ADDRESS FOR CORRESPONDENCE School House High Street Hatfield Broad Oak Bishops Stortford Herts CM22 7HH GOVERNING DOCUMENT Constitution dated 16/02/1982 Amended on 26/03/2013 TRUSTEES Ronald Andrew Waite BANKERS The Co-operative Bank Plc P O Box 250 Skelmerdale WN8 6WT INDEPENDENT EXAMINER Gregory Webb CPA AIA GLW Management Services Ltd 6 Norwich Crescent Romford Essex RM6 4UW INDEX Page 1 Legal & Administrative Details Page 2 Trustees' Report Page 3 Independent Examiner's Report Page 4 Receipts and Payments Account Page 5 Statement of Assets & Liabilities Page 6 Notes to the Accounts

Page 1

Hatfield Broad Oak Under 5's

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 August 2021

The Trustees have pleasure in submitting the Report and Accounts for the year.

Objects of the charity

The Trust seeks to advance the education of children below compulsory school age by:

a) providing safe and satisfying group play, 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 Playgroups Association.

Government

The policy and operating decisions of the charity rest with the Committee who meet regularly to monitor the activities of the Trust.

New committee members are appointed by the Trustees and the committee members.

Review of Activities

In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission in December 2008.

Financial Review

Income for the year was £39,541 (2020 £44,2522). Expenditure for the year was £38,426 (2020 £46,873).

There is £26,663 cash at bank (2020 £25,549). The trustees believe this is a sound basis for the continued development of the charity.

Trustees' Responsibilities

Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.

We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

Approval

This report was approved by the trustees on 28 June 2022 and signed on their behalf by:

Ronald Waite

Ronald Arnold Waite

Page 2

Independent Examiner's Report To the Trustees of

Hatfield Broad Oak Under 5's

I report on the accounts of the charity for the year ended 31st August 2021 set out on pages 4 to 6 which have been prepared on the basis of the accounting policies on page 6.

Respective responsibilities of trustees and examiner

The trustees of the charity are responsible for the preparation of accounts; they consider that the audit requirement under section 144 of the Charities Act 2011 (the 2011 Act ), does not apply. It is my responsibility to :

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review 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 you as 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 statement below.

Independent examiner's statement

Based on my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect, accounting records have not been kept in accordance with section 130 of the 2011 Act, or that the accounts presented do not accord with those records, or comply with the accounting requirement of the 2011 Act. No matter has come to my attention in connection with my examination to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.

G Webb

Gregory Webb CPA AIA 29 June 2022 For and on behalf of: GLW Managment Services Ltd 6 Norwich Crescent Romford Essex RM6 4UW

Page 3

Hatfield Broad Oak Under 5's

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 August 2021

Notes
Receipts
Voluntary receipts
Playgroup Fees
Essex County Council Grants
Fundraising
Donations
Other receipts
Training income
Interest received
HMRC Furlough
Total Receipts
Payments
Payments in furtherance of the charity's objectives
Direct costs
2
Total Payments
Net Receipts/(Payments) Before Transfers
Transfers between funds
Net Movement in Funds
Balances 1 September 2020
Balances - 31 August 2021
Unrestricted
Restricted
2021
2020
General
Funds
£
£
2,471
-
2,471
6,456
27,829
-
27,829
33,037
-
-
1,949
-
-
-
500
30,299
-
30,299
41,943
1,000
-
1,000
-
24
-
24
102
8,218
-
8,218
2,207
39,541
-
39,541
44,252
38,426
-
38,426
46,873
38,426
-
38,426
46,873
1,114
-
1,114
(2,621)
-
-
-
-
1,114
-
1,114
(2,621)
-
25,549
28,170
1,114
-
26,663
25,549

The notes on pages 6 form part of these accounts.

Page 4

Hatfield Broad Oak Under 5's

STATEMENT OF ASSETS & LIABILITIES

AS AT 31st August 2020

1. Bank & Cash Balances

Held at Bank
Cash float
ssets & Liabilities
Assets
Playgroup Fees Owing
Liabilities
Accounts preparation
Supplies
Repairs & maintenance
2021
2020
£
£
26,663
25,549
-
-
26,663
25,549
1,166
1,643
1,166
1,643
260
260
-
-
-
-
260
260

3. Other Assets & Liabilities

The accounts were approved by the trustees and signed on their behalf on 28 June 2022

by R Waite
-------------------------------------------------------------
Ronald Arnold Waite

The notes on page 6 form part of these accounts

Page 5

Hatfield Broad Oak Under 5's

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 August 2021

1. Accounting Policies

The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities.

2. Direct costs
Employment costs (Note 3)
Rent (Note 4)
Maintenance of buildings & equipment (Note 4)
Light , heat & water
Playgroup supplies
Insurance
Fundraising costs
Administration
Book-keeping & Independent examination
Children's Activities & Food
Other costs
Advertising
Memberships, OFSTED
General
Restricted
Total
Total
Funds
Funds
2021
2020
£
£
£
£
31781
-
31,781
35,271
0
-
-
200
161
-
161
2,578
2195
-
2,195
2,059
783
783
1,727
1001
-
1,001
1,002
0
-
-
103
1406
1,406
1,398
444
-
444
526
535
-
535
1,916
71
-
71
43
0
-
-
50
-
50
50
38,426
-
38,426
46,874

3. Employees

The charity has 5 employees, to whom the employment costs above refer.

Lorna Waite, the wife of the Trustee was employed by the charity, she was remunerated for work completed in the childcare setting and received no other payments.

4. Property costs
Rent
Cleaning & general maintenance
Capital improvements to rented premises
2020
2019
£
£
-
200
161
2,578
-
-
161
2,778

Page 6