2023-03-31-accounts - Kingskerswell Playgroup And Nursery

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KINGSKERSWELL PLAYGROUP AND NURSERY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

Kingskerswell Playgroup and Nursery Contents For The Year Ended 31 March 2023

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 2023

Marie Jones (Chair) Paige O’Brien Jamie-Lee Glanfield Trustees Victoria Coleman Samuel Thomas Foster Deborah Rose (Manager) 297146 Charity Number Business Parish Centre Church End Road Kingskerswell Newton Abbot TQ12 5LD Accountants Accounting 4 Everything Chartered Accountants 13 Hyde Road Paignton Devon TQ4 5BW

Page 1

Kingskerswell Playgroup and Nursery Charity No. 297146 Trustees' Report For The Year Ended 31 March 2023

The trustees present their report and the financial statements for the year ended 31 March 2023.

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

5[th] June 2023

Page 2

Kingskerswell Playgroup and Nursery Independent Examiner's Report For The Year Ended 31 March 2023

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 2023, 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:

examine the accounts under section 145 of the 2011 Act
to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act
to state whether particular matters have come to my attention

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:

(1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 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

…………………………………………….

5[th] June 2023

Accounting4Everything 13 Hyde Road Paignton Devon TQ4 5BW

Page 3

Kingskerswell Playgroup and Nursery Statement of Financial Activities For The Year Ended 31 March 2023

2023 £ £ INCOMING RESOURCES Nursery Fees 101,764 T-Shirts - Interest Received 140 JRS Grants - 101,904 RESOURCES EXPENDED T-shirts 87 Equipment Purchases / other direct costs 2,135 Wages and salaries 81,539 Employers pensions - defined contribution schemes 3,183 Disco, party, gifts 1,080 Travel and subsistence expenses 73 Rent 10,230 Repairs and maintenance 1,110 Hire and leasing of computer and other equipment 625 Insurance 1,072 Printing, postage and stationery 151 Advertising and marketing costs 900 Telecommunications and data costs 40 Bookkeeping & payroll fees 1,010 Bank charges 90 Sundry expenses 483 103,808 OPERATING SURPLUS / (DEFICIT) FOR THE FINANCIAL YEAR (1,904)	2022 £ £ 115,092 61 4 482 115,639 339 3,223 85,732 3,762 936 125 10,736 645 601 719 176 114 50 1,450 26 1,168 109,802 5,837	2022 £ £ 115,092 61 4 482 115,639 339 3,223 85,732 3,762 936 125 10,736 645 601 719 176 114 50 1,450 26 1,168 109,802 5,837	2022 £ £ 115,092 61 4 482 115,639 339 3,223 85,732 3,762 936 125 10,736 645 601 719 176 114 50 1,450 26 1,168 109,802 5,837

			5,837

The funds are all unrestricted, the charity has no restricted or endowment funds.

Page 4

Kingskerswell Playgroup and Nursery Balance Sheet As at 31 March 2023

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 2022 Surplus/(Deficit) for the period/year Balance Carried Forward Approved by the trustees on 5thJune 2023 and signed on their behalf:	2023 £ £ 116,510 116,510 116,510 116,510 118,414 (1,904) 116,510	2023 £ £ 116,510 116,510 116,510 116,510 118,414 (1,904) 116,510	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

		116,510		118,414
		116,510		118,414
		118,414 (1,904)		112,577 5,837
		116,510		118,414

-------------------------------M Jones

Page 5

Kingskerswell Playgroup and Nursery Notes to the Accounts For The Year Ended 31 March 2023

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 2022	118,414
Net Movement in year	(1,904)
As at 31 March 2023	116,510

Page 6