Charlty reglstratlon number 700333 Company reglslratlon number 04540155 (England and Wales SILKSTONE PRE-SCHOOL PLAYGROUP LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024
SILKSTONE PRE-SCHOOL PLAYGROUP LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs N Broadh8ad Mr T 8roadhead Mrs R Carney Mr M Fielding Mrs M Oxley Mr N Waddlngton (Appointed 29 November 2023) (Appointed 29 November 2023> (Appointed 19 August 2024) (Appointed 30 April 2024> (Appointed 19 Augusl 2024) (Appointed 12 March 2024> Charty numbèr 700333 Company number 04540155 Prlnclpal addrèss Old Tov* School High Street Silkstone Barnsley S75 4LR Reglstered offlcè Bank Chambers Market Street Huddersfield HD1 2EW Indèpendent examlner Simpson Wood Limiled Bank Chambers Mark8t Slr8et Huddersfield HD12EW Bankers Santander PIC Boolle Merseyside L3Q 4GB
SILKSTONE PREtsCHOOL PLAYGROUP LIMITED CONTENTS Pag• Trustees, report Independent examinerfs report Slalernenl of financial activilies Èalance sheet Noles lo the accounts Income and expenditure accounl 12
SILKSTONE PRE-SCHOOL PLAYGROUP LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 JULY 2024 The trustees present thelr annual report and financial siat8m8nts for the y8ar ended 31 July 2024. The accounls have been prepared in accordanGe wilh the a¢uting policies set out In note 1 to the accounls and comply with the constitutlon, the Companies Acl 2006 and the Slalement of Recommended Praclice. "A¢counling and Reportlng by Charltles" Issued in March 2005. Oblectlvès and a¢tlvltle8 The Pre-school's objectives are.. To encourage learning through play in a Caring, safe and enthuslastic environment. To create an environm8nl which has the highest standard of care and educakn.on for our children. To work in partnership wilh parents and carers to achieve our goals. The Pre-school has a policy to encourage children's learning Ihiough play, creativity and by creating opportunities lo express opinions and make friends. This is intended to make the Pre-school an enjoyable experience for everyone. Children are eligib18 to attend the playgroup al the stsrt of the term following their seGond blrthday. The Pre-school has policles regardlng: Admissions Positive behaviour Chlld protection Safety Equal opwrtunit18S Bullying and harassment in Ihe workplace Special needs Health Hygiene
Aims and objectives Fire procedures Fees The trustees have paid due regard lo guldance issued by th& Charity Commission in deciding what activities the Pre-S¢hool should Ljndertake.
SILKSTONE PRE-SCHOOL PLAYGROUP LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Achlevements and perfomianc• 11 has been a challenging year financially. as we faced the disappointment of making a loss. This has largely been driven by ongolng pressure on privale fees, compounded by the increase in govemment funding being less than the increase in the national minimum wage, Despite Ihis. bve vowed not to increase prices and remain in line with the competilion, recognising the impact of the cost of living crisis on families. Costs were also higher this year due to sickness and matemily covèr being provided by agency staff, alongsidè some unavoidablè but costly repairs and essential upkeep lo the building. Additionally, our holiday club numbers have been lower than in previous years, further impacting our income. Combined with these factors. Ihe financial environment for the pre-school has been especially difficult. On a positive notè. we arè thrllled to Wèlcome new committe8 m8mbars lo Sllkstone Pre-school. At the start of 2024. we were struggling lo recruit committee members, and the future of the pre-sthool was uncertain. However, following an appeal lo all parents, we were able to increase the number of volunteers and also attain a COaOPted non-parent memb8r, providing us wilh much-ne8d8d strength and stability. Th8y bring fresh id8as. valuable skills, and enthusiasm to our leadership team. Together, Ihe commlttee and management are analysing ways to improve efficiency and occupanGy whilst ensuiing we maintain the excellent level of cAre and education that familles have come lo exp8Ct. Work on our visibility and pSenCe has begun. in¢luding ihe laun¢h of a new websits and leafleting the local area. However, the vast majority of new parents ¢ontinue lo corne Ihrough word of mouth, which is a testament to our approach io childcare and educalion being highly valued by our users. Children continue to be happy. settled, and thrive in our small, friendly, and homely settin9. We received very positive feedback from the primary schools we feed into last September, as reception teachers find our children well*Jrepared to start their joumey into school life. Our management team. B8ver18y and Laura. work closely with the local education aulhority. liaising with the lead leacher, quality Improvement officer. and SEND team to ensure we are constantly reviewing our practice and providing high-quality care and educalion. The staff receive monthly teaching sessions and Inset day Iraining from bolh the managers and guest sp8ak8rs, as we strive to itnprove on our good provision. The SEND team were so impressed with th8 work ol th8 SENCO and manag8r when planning for children with additional needs that the pre- school was chosen to be part of a pilot project to develop a l¢xal authority SEND audit tool. The pre-school staff team continue to work clos81y with parents. Du8 to being 8 small setting, the staff are able lo gel to know all families well. W8 invite parenls in for fomial chats about Iheir child's progress Ihr88 times a year, and these are 11-attended. We also invite parents along to fun informal events. This year, they have enjoyed a Christmas concert and a graduation ceremony with party food afterwards, both of which were very well weIVed. As a pr8-school. w8 continue to involv8 ours8lv8s in communily 8V8nls. such as creating an entry lor th8 2023 scarecrow trail. We encourage our children lo become caring cilizens through activities that help them Consider others, such as bringing in food for the local food bank. The children are also tsken out for walks in the localily, helping them become familiar with the environmenl in which Ihey live. Oespi18 Ihe challeng8s, we remain deeply grateful for the dedication of our staff, the continued support of our families, and the commitment of our committee, management, and communty. With everyone's combined efforts, we are determined to overcome Ihese obstacles and ensure that Silkstone Pre-school continues lo thrive as a nurturing and enriching environment lor our children. Financial review The r8suIi for the y8ar aft8r all the activili8s was a loss of £22.296 and this has been deducted from reserves. The charity ensures it carries enough reserves at the bank to cover the salary costs for the term ahead of St. It derives ils funding on a quarterfy basis and the Truslees are happy the reserves plus funding will allow Ihe charity to pay its liabilit18S. It Is the policy of the Pre-school that unrestricted funds which have not been designated for a specific use should be maintained al a level equivalent to belween Ihree and six monlh's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding. they will be able to continue th8 Pr8- School's current activitlas whlle consld&ratlon Is glvèn lo ways In which additional funds may be raised. Thls level of reserves has been malntained throughout the year.
SILKSTONE PRE-SCHOOL PLAYGROUP LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2024 rhe trustees have assessed the major risks to which the Pre-school is exposed, and are satisfied Ihal sysiems are in place to mitigate exposure lo the major risks. Structure, governance and management The Pre-school is a company lirniled by guarante8, d8p8ndanl upon parent volunteers lo serve on the committee and act as ljolh dirèctors and Irustees. The Irustees. who are also Ihe directors for the purpose of company law. and who served during the year and up to the date of si9nature of the financial slatemenls werè,. Mrs K L Knowles (Resigned 4 August 2023) Mrs E Prichard-selby (Resigned 4 November 2024) Mrs L Corbett {Resign8d 4 November 2024) Mrs F Fisher (Resigned 29 November 20231 Mr S Fisher (Resigned 29 November 20231 Mrs L Hawkins (Resigned 21 August 2024) Mrs N Broadhead (Appoin18d 29 Novemb8r 2023) Mr T Broadhead {Appoinled 29 November 2023) Mrs R Carney {Appoinled 19 August 20241 Mr M Fielding (Appointed 30 April 20241 Mrs H Matthews (Appointed 6 August 2024 and sIgned 27 January 2025) Mrs M Oxley (Appointed 19 Augusl 20241 Mr N Waddinglon (Appointed 12 March 2024) The Pre-Sth¢)ol holds its AGM each year at which tlme trustees can be voled onlo the board of trustees. The selection policy is on8 of a proposal and a seconding for each trustee elected. A trustee could also be appointed al any time subsequent lo Ihe AGM with Ihe above proposal procedures. None of Ihe Iruslees has any beneficial interest in U)e company. The trustees. report was approved by Ihe Board of Trustees. Mr T Broadhead Trustee 10 March 202S
SILKSTONE PRE-SCHOOL PLAYGROUP LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SILKSTONE PRE4CHOOL PLAYGROUP LIMITED I report to Ihe trustees on my examination of Ihe financial statements of Silkstone Pre-school Playgroup Limited (the Pre-school) for the year ended 31 July 2024. Responslbilitles and basls of report As the trustees of Ihe Pre-SchcK)l {and also its directors for the purposes ol company law), you ale responsible foT the preparation of the financial statefflents in accordance with thè requirements of the Compani8s Act 2006. Having sallsfied myself that the financlal statements of the Pre-school are not required lo be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of tha Pre-school's financial statements carried out under section 145 of Ihe Charities Act 2011. In carrying Dut my examlnatlon I have followed the Directions given by the Charity Commisslon under sectlon 145(51{b) of the Charilles A¢12011. Indopond8nt examlner's statement I have completed my examlnation. I confirm that no matters have come to my attention in connecllon with the examination giving me cause to believe that in any material respect". accounling records were not kept in respect of Ihe Pre-school as required by Section 386 of the Companies A¢1 2006. the financial statements do nol a¢¢ord with those records", or the finar7cial slalernenls do not comply with the accounting requirements of s8clion 396 of the Companies Acl 2006 oth8r than any r8quir8ment that the financial slatem8nls give a true and fair view. which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance wilh the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charilies preparlng their financlal stalarnents in attordance with the Flnancial Reporting Standard appllcabte In Ihe UK and Republlc of Ireland {FRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should bè drawn in this report In order to enable a proper understand'ng of the financial stalements lo ba reached. Simpson Wood Limited Bank Chambers Market Street Huddersfield HD12EW 10 March 2025
SILKSTONE PRE-SCHOOL PLAYGROUP LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2024 Unrèstrlcted funds 2024 Unrastrlcted funds 2023 Notes Income from: Charitsble activities Investments 145.303 129 175,483 Total Incom• 145.432 175,539 Expenditure on: Charitable activiti8S 167,728 168,441 Total expondllur¢ 167.728 168.441 Net Incomel{expendlturo) and movement in funds {22.296) 7,098 Reconciliation of funds: Fund balances at 1 August 2023 71.620 64.522 Fund balances at 31 July 2024 49.324 71.620 The statemenl of financial activities includes all gains and losses recognIs in th8 year. All income and expenditurej derive from continuing activities.
SILKSTONE PREcHOoL PLAYGROUP LIMITED BALANCE SHEET AS AT31 JULY2024 2024 2023 Notes Fixed assets Tangible assets 3,688 3,653 Current assets Debtors Cash at bank and in hand 2,091 56,441 4,785 75,567 58.532 80,352 Credltor8: amounts falllng duo wlthln one year {12.896) (12,385) Net current assots 45,636 67,967 Total assets less current liabililies 49,324 71,620 The tunds ot the Pretschool Unrestricted funds 10 49,324 71,620 49,324 71,620 The company is entided to the exemption from the audil requirament contalned in section 477 of the Companies Act 2006, for the year ended 31 July 2024. Th8 directofs acknowledge th8ir r8sponsibllitl&s for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparatlon of financial statemènts. The members have not required the company to oblain an audil of its financial statements for the year in question in accordance with seclion 476. These financial ststements have been prepared In accordance with the provisions applicable to companles subject to the small companies regimg. The financial ststements We apptoved by the trustees on 10 March 2025 Mr T Broadhead Trustee Company registratlon number 04540155 (England and Wales)
SILKSTONE PRE-SCHOOL PLAYGROUP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 Accountlng pollclès Charlty Informalion Silkstone Pre-school Playgroup Limited is a ¢ompany limiled by guarantee, dependanl upon parent volunteers to serve on the commitlee and act a5 both directors and trustees. 1.1 Accounting ¢onventlon Th8 accounts have been prepared in accordance with the Pr8-School's goveming doGument, the Companies Act 2006 and "A¢¢ounting and Reporting by Charities: Slalement of Recomrnended Practice appIlble to charilies preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Iieland (FRS 1021 (as amended for accounting periods commencing from 1 January 2016). The Pre-school is a Public Benefit Entity as defined by FRS 102. The Pre-S¢hool has taken advantage of the provisions in the SORP for charitiès applying FRS 102 Update Bulletin 1 not lo prepaTe a Statement of Cash Flows. The financlal statements are prepared in slerling, which is the functional currency of the Pre-school. Monetary amounts in these financial slatemenls are rounded to the nearest £. The accounts have been prepared under the historical cost convention. modified to indude certain financial instruments at fair value. The principal aoUntIng policies adopled are set oul below. 1.2 Goln9 ¢oncem At the lime of approving the financial statements, Ihe trustees have a re8sonable expectation Ihat the Pre- SGhool has adequate resources to conlinue in operational existence for th8 foreseeable ture. Thus the trust88s continue to adopt the going concern basis of accounting in pr8paring the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trust8es In lurtherance of their charitable obj8ctives. 1.4 Incoming resour¢o8 In¢ome is recognised when the Pre-school Is legally entitled lo it after any performance condilions have been met. the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donatlons are recognlsed once the Pre-school has been notified of the donation, unless performance conditions require deferral ol the amount. Income tax recoverable In relalion to donations received under Gift Aid or deeds of covenant is recognised at Ihe time of donation. Legacies are recognised on receipt or otherwise if the Pre-school has b88n notified of an impending distribution. th8 amount is known. and receipi Is expectad. If thè amount is not known. th8 legacy is trealed as a contingenl asset. Turnover is m8asured al the fair valuè of the consideration receiv8d or receivable and represents amounts receivable for services provlded in the normal course of business. 1.5 Resources expanded These ara costs incurred on Ihe Pre-school's charitsbje operations, including SUPPOrt cc>sts. Expenditure 1$ accounted for on an accruals basis and has been classified under headings that aggregate all cost related tD the category. Where cosls cannot b8 directly attributed io particular headings they have be8n allocated lo activilies on a basis consistent with the use of resources.
SILKSTONE PRE-SCHOOL PLAYGROUP LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Accountlng pollcles (Continued) 1.6 Tangible flxed as391$ Tangible fixed assets are initially measurèd at cost and $ubsequenlly measured at cosl or valuatlon, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cosl or valuation of assets less their residual values over their useful lives on lh8 folln9 bases.. Fixlures. fittings & equipment Comper equipment Motor vehicles 1 SOA on writt8n down valu8 250A on cost 25% on wrilten down valu8 The gain or loss arising on the dlsposal of an asset is determined as the difference between the sale proceeds and the carrying value of the assel, arKJ is recognised in the statement of financial activities. 1.7 Impalrnient of fixed assels At each reporting end date. the Pre-school reviews the carrying amounts of its tangible assets to d8termine wheth8r there is any indication thal those assels have suffered an impairmènt loss. If any such indi¢ation exists. the r8coverable amount of the asset is estimaled in order to detemilne the exlent of the impairment loss (if any). 1.8 Cash and cash équlvalents Cash and ¢ash equivalents include cash in hand, deposils held at call with banks, other short-term liquid investments with original maturili8s of three months or less, and bank overdrafts. Bank overdrafts are shown wilhin borrowings in current liabilities. 1.9 Employee benefits The cost of any unused holiday 8nlillement is recognised in the p8ri0d In which th& employee's servi¢as are received. Termination benefits are recognised immediately as an expense wh8n the Pre-sChCl is d8monstrably commitled to lerminale the employment of an 8mploye8 or to provid8 términation benefits. 1.10 Rotlrement benèflts Paymenls to defined Contribution retirement benefit schemes are charged as an expense as they fall due. Ineom• from InvoStm?nts Unréstrletèd Unr8strlctod funds funds 2024 2023 Inleresl recelvable 129
SILKSTONE PRE-SCHOOL PLAYGROUP LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Income from charllable a¢tlvStl¢s Unrestricted Unrestricted funds funds 2Q24 2023 Funding Fees Lunch and after school club 118,952 14,287 12,064 108.625 40,341 26,017 Fund raislng 500 145,303 175,483 Trustées None of the trustees {or any persons connecled with them) received any iemuneratlon or benefits from the Pre-school during Ihe year. Employees Number of èmployeos The average monthly number of employee5 during the year was: 2024 Numb6r 2023 Number Full time Part lime Employmenl costs 2024 2023 Wages and salaries Other pension cosls 124.211 2,989 126,750 2.535 127,200 129.285 There were no employees whose annual remunerallon was £60,000 or more. Taxatlon The charliy Is exempt from taxation on its activities because all its inGome Is applled for ¢haritable purposes.
SILKSTONE PRE.SCHOOL PLAYGROUP LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Tanglble Ilxed assets Fixlur•8. flttlngs & •qulpment Computgr equlpM¢nt Motor vèhlclès Total Cost At 1 August 2023 Additions 15.368 5,840 961 654 21,862 961 Al 31 July 2024 15.368 6.801 654 22.823 Depreclallon and Impalmient At 1 August 2023 Depreciation charged in th8 year 11.997 506 5,622 405 589 16 18,208 927 At 31 July 2024 12.503 6,027 605 19,135 Carrylng amount At 31 July 2024 2,865 774 49 3.688 Al 31 July 2023 3.371 217 65 3.653 Dobtors 2024 2023 Amounls falling due withln one year: Trad8 debtors Prepayments and accrued Income 190 1.901 2,879 1.906 2.091 4,785 Credltors: amounts falllng duè wlthln onè yéar 2024 2023 Trade creditors Other creditors AGcruats and deferred income 8.753 617 3.526 8.315 734 3.336 12,896 12.385 10-
SILKSTONE PRE-SCHOOL PLAYGROUP LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 10 Unrestricted funds The unrestricted funds of the charity comprlse the unexpend8d balances of donations and granls vthich are not subject tD specific wtKlilions by donors and grantors as lo how they may be used. These include designat8d funds which have been set aside out of unreslricted funds by the tfuslees for specifiG purposes. Al 1 August 2023 Incomlng resources Resources expended At 31 July 2024 General funds 71.620 145.432 (167.728) 49,324 Pr•vlous year: At 1 August 2022 Incoming resour$ Resour¢e$ expended At 31 July 2023 General funds 64.522 175.539 (168.441) 71.620 11
SILKSTONE PREcHOoL PLAYGROUP LTD INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JUL Y 2024 2024 2023 INCOME Funding Fees Fund raising Lunchloul of school club Gain on disposal of langible asset Bank interest Grant 118,952 14,287 108,625 40,341 12,064 26,017 129 56 500 Total incoming r8sourc8S 145,432 175,539 RESOURCES EXPENDED Wages Pension contributions Training Recreational materials (inc books and toys) Snacks and milk Rent and rates Light and heat Waler Repairs and renewals Telephone stationery and postage Insurance Motor expenses Audlt and accountancy Professlonal f88S Subscriptions DepTe¢iation Bank charg8S Sundries Bad debts written off 124.211 2,989 800 2,494 2.493 1.678 6.836 648 9,238 922 742 2,463 126,749 2.535 209 2.836 2,068 1,625 5.252 891 9,653 845 1,100 2,289 376 4,441 3,950 1,152 4,969 4,081 1,353 927 150 733 150 1,536 Total resources expended 167,728 168.441 NET MOVEMENT OF FUNDS (22,296) 7,098 BALANCE OF FUND AT 31 JULY 2023 £71,620 £64.522 BALANCE OF FUND AT 31 JULY 2024 £49,324 £71,620 12-