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2021-03-31-accounts

KINGSKERSWELL PLAYGROUP AND NURSERY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Kingskerswell Playgroup and Nursery Contents For The Year Ended 31 March 2021

Contents

Contents
Page
Charity Details 1
Trustees' Report 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Accounts 7

Kingskerswell Playgroup and Nursery Business Details For The Year Ended 31 March 2021

Marie Jones (Chair)
Paige O’Brien
Trustees Jamie-Lee Glanfield
Victoria Coleman
Samuel Thomas Foster
Deborah Rose (Manager)
Charity Number 297146
Business Parish Centre
Church End Road
Kingskerswell
Newton Abbot
TQ12 5LD
Accountants Accounting 4 Everything
Chartered Accountants
11 Manor Corner
Manor Road
Paignton
Devon
TQ3 2JB

Page 1

Kingskerswell Playgroup and Nursery Charity No. 297146 Trustees' Report For The Year Ended 31 March 2021

The trustees present their report and the financial statements for the year ended 31 March 2021.

Trustees

The trustees who held office during the year were as follows:

Marie Jones (Chair) Paige O’Brien Jamie-Lee Glanfield Victoria Coleman Samuel Thomas Foster Deborah Rose (Manager)

By order of the board

........................................................... M Jones, on behalf of the Board of Trustees Kingskerswell Playgroup and Nursery

27[th] September 2021

Page 2

Kingskerswell Playgroup and Nursery Independent Examiner's Report For The Year Ended 31 March 2021

Independent examiner’s report to the trustees of Kingskerswell Playgroup and Nursery

I report on the accounts of the Charity for the year ended 31 March 2021, which are set out on pages 4 to 7.

Respective responsibilities of trustees and examiner

The charity’s trustees 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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

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 Commission. 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 next statement.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

…………………………………………….

27/09/2021

Accounting4Everything 11 Manor Corner Manor Road Paignton Devon TQ3 2JB

Page 3

Kingskerswell Playgroup and Nursery Statement of Financial Activities For The Year Ended 31 March 2021

2021
£
£
INCOMING RESOURCES
Nursery Fees
105,406
Photos, Labels, T-Shirts and T-Towels
51
Milk
-
JRS Grants
889
106,346
RESOURCES EXPENDED
Photographs, Labels, T-shirts
229
Equipment Purchases
1,725
Wages and salaries
79,168
Employers pensions - defined contribution schemes
2,949
Disco, party, gifts
524
Staff gifts, children's Xmas Party
-
Travel and subsistence expenses
75
Rent
10,516
Repairs and maintenance
129
Hire and leasing of computer and other equipment
585
Insurance
631
Printing, postage and stationery
204
Advertising and marketing costs
65
Telecommunications and data costs
40
Bookkeeping & payroll fees
1,010
Bank charges
-
Sundry expenses
585
98,435
OPERATING SURPLUS FOR THE FINANCIAL YEAR
7,911
The funds are all unrestricted, the charity has no restricted or endowment funds.
2020
£
£
105,651
42
-
-
105,693
102
1,678
74,114
2,571
440
300
147
10,121
134
628
631
186
65
40
1,010
-
495
92,662
13,031
2020
£
£
105,651
42
-
-
105,693
102
1,678
74,114
2,571
440
300
147
10,121
134
628
631
186
65
40
1,010
-
495
92,662
13,031
13,031

Page 4

Kingskerswell Playgroup and Nursery Balance Sheet As at 31 March 2021

Notes
CURRENT ASSETS
Cash at bank and in hand
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
CAPITAL ACCOUNT
Balance at 1 April 2020
Profit/(Loss) for the period/year
Balance Carried Forward
Approved by the trustees on 20 September 2021
and signed on their behalf:
2021
£
£
112,577
112,577
112,577
112,577
104,666
7,911
112,577
2021
£
£
112,577
112,577
112,577
112,577
104,666
7,911
112,577
2020
£
£
104,666

104,666

104,666

104,666

91,635

13,031

104,666
2020
£
£
104,666

104,666

104,666

104,666

91,635

13,031

104,666





112,577 104,666
112,577 104,666
104,666
7,911
91,635
13,031
112,577 104,666

-------------------------------M Jones 27/09/2021

Page 5

Kingskerswell Playgroup and Nursery Notes to the Accounts For The Year Ended 31 March 2021

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Income Recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations, are recognised when the Charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

1.3. Expenditure Recognition

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 settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.

2. Analysis of Funds

. Analysis of Funds
Unrestricted
Income
fund
£
General Funds
As at 1 April 2020 104,666
Net Movement in year 7,911
As at 31 March 2021 112,577

Page 6