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2022-03-31-accounts

KINGSKERSWELL PLAYGROUP AND NURSERY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Kingskerswell Playgroup and Nursery Contents For The Year Ended 31 March 2022

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 2022

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 2022

The trustees present their report and the financial statements for the year ended 31 March 2022.

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

20[th] June 2022

Page 2

Kingskerswell Playgroup and Nursery Independent Examiner's Report For The Year Ended 31 March 2022

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 2022, 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:

…………………………………………….

20[th] June 2022

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 2022

2022
£
£
INCOMING RESOURCES
Nursery Fees
115,096
T-Shirts
61
Milk
-
JRS Grants
482
115,639
RESOURCES EXPENDED
T-shirts
339
Equipment Purchases / other direct costs
3,223
Wages and salaries
85,732
Employers pensions - defined contribution schemes
3,762
Disco, party, gifts
936
Travel and subsistence expenses
125
Rent
10,736
Repairs and maintenance
645
Hire and leasing of computer and other equipment
601
Insurance
719
Printing, postage and stationery
176
Advertising and marketing costs
114
Telecommunications and data costs
50
Bookkeeping & payroll fees
1,450
Bank charges
26
Sundry expenses
1,168
109,802
OPERATING SURPLUS FOR THE FINANCIAL YEAR
5,837
The funds are all unrestricted, the charity has no restricted or endowment funds.
2021
£
£
105,406
51
-
889
106,346
229
1,725
79,168
2,949
524
75
10,516
129
585
631
204
65
40
1,010
-
585
98,435
7,911
2021
£
£
105,406
51
-
889
106,346
229
1,725
79,168
2,949
524
75
10,516
129
585
631
204
65
40
1,010
-
585
98,435
7,911
2021
£
£
105,406
51
-
889
106,346
229
1,725
79,168
2,949
524
75
10,516
129
585
631
204
65
40
1,010
-
585
98,435
7,911
7,911

Page 4

Kingskerswell Playgroup and Nursery Balance Sheet As at 31 March 2022

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 2021
Profit/(Loss) for the period/year
Balance Carried Forward
Approved by the trustees on 20thJune 2022
and signed on their behalf:
2022
£
£
118,414
118,414
118,414
118,414
112,577
5,837
118,414
2022
£
£
118,414
118,414
118,414
118,414
112,577
5,837
118,414
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





118,414 112,577
118,414 112,577
112,577
5,837
104,666
7,911
118,414 112,577

M Jones

Page 5

Kingskerswell Playgroup and Nursery Notes to the Accounts For The Year Ended 31 March 2022

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 2021 112,577
Net Movement in year 5,837
As at 31 March 2022 118,414

Page 6