E, Smalles Goldie THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Charity registration number 700832 (England and Wales} Smalles Goldie Group is a troding nome of Smalles Goldie Selby Limited. ICAEW CHARTERED ACCOUNTANTS Ir4pihtrr
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE CONTENTS Pagè Trustees report Slalement of trustees responsibilities Independent examinerfs report Statement of financial actiirilies Statement of finanaal position Notes to the financial slalements 7-13
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Trust¢•s E Stretton L Howey (Chairperson) C JDwett H Tompkinson J Prents. (Resigned 29 April 20241 (Resigned 16 Seplernber 2024 (Resigned 8 April 20241 (Resigned 17 September 20241 K Marshall ffrea5urerl E Moran-Rush E Withers Isecretaryl (Resigned 19 May 20241 Charity numb&r 700832 Principal address Londesborough Grove Thorpe Wlloughby Selby Y08 9NX Indepèndent examlnar Russell Smith FCA Sm8iles Goldie Chartered Accountants 224 Park Street Selby Y08 4PW Bankers Unity Bank PIC Four Brindley Place Bimingham B12JB Virgin Money 46 Coney Street Yo Yof 9NQ
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and finanaal statements for the year ended 31 Mard) 2025. The finanaal statements have been prepared in accordanr£ with the accounting poliues set out in note 1 to the finanaal statements and comply wth the tharivs goveming document, the Charities Act 2011 and "Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. The legal and administrative infornialion page forms part of thi5 report. Objectives and activities The charity's objectives are to= 11 Promote children's care and safety 21 Prornote children's education and parènl81 involvement 3> Promote children's health and wellbeing 41 Provide serlce$ lo support them, their familie5 and G4rers 51 Employ the correet staff 61 Organise fundraising aciivilies within the local community to diredy benefit children and families using the cent. The trustees confjmi that they have referred to the guidan contained in the Charity Commissioner's general guidance on public benefit when reviewing the charity's aims and objective5. Achievements and p•rforniance The 2-year-old buildit)g is now open fiJll time 5 day5 a week and in¢reased ils income. The ntre is cortlinually updating poliries and procedures throughout the year. The nITe has detyded lo appoint a Toom leader. Staff are very enthusiastic, and the children are thrin9 within the setting. The ntre will continue to arrange yeady fundraising events. We have started lo work on new systems to make the ntre paperfess and assigned a new finan officer. Expanded more staff trainit)g i.e. training more staff from Level 2 practitioner to Level 3. Flnanclal revlew Total income was £288.813 12024.. £231,990), Total expenditure was £251,214 12024.. £231,783) resuliing In a profil for the year of £37,59912024.. £2071. UnTesthcted funds at the year end were £81,96412024'. £44,365) and restricted fvnds were nil12024.' nill. Reserves are held to enable unforeseen payments and bi115 to be paid. and to allow periodic investment in equipment, fa¢ilities arKI staff (raining. The trustees have detemiined that £91,000 is to be held in reserves whi¢h is mel by the unrestricted fvnds held in ihe charity. £20,000 for removal of building and putting land bad(. £SS,000 for redundanries of staff. £16.000 for unloreseen payments There were £77,78312024'. £39,403) in free reserves at the end ofthe year.
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Plans for future periods The future plans as we move fo*ward are Bs follows.. Raise funds through fvndraising events throughout the year Ensure the building is maintained Manage the budget effectively Maintain finanaal records thle a new constitution structure, governance and management The charity is govemed by its constitution adopted 13 July 1988 as amended 3 November 1988. The structure of the centre iemains the same. Managernenl meetings are usually held once each term throughout the year to discuss policy and fijture strategy, however due lo COVID meetings have been taking place monthly. Change in staffing structure has led lo the committeeltruslees to readd$$ the current stnjcture and strategies. They are in the prOsS of rewriting the constitution and ensuring processes and policie5 are fully in place induding a budgeting strategy. Fundraising is also dis¢u55ed at these meetings. Recruitsnent and appointrn&nt of trustees The management committee, who are all trustee board mernbers have the power to appoint trustees. Organisatlonal structure The chariiy is run by the board of trustees who give their time voluntarily and ceive no remuneration. The ntre is staffed by a team induding a Centre manager who has responsibility for the day lo day running of the tTe and limited budgetary control. The trustees report was approved by the Board of Trustees. L Howey (Chairperson) TTUStee K Marshall (Treasurer) Trustee Date.. ..
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Injslees are responsible foi preparing the Trustees Report and the fin8ncial statements in acrdanCe with applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice). The law applicable lo charities in England and Wales requires the trtjstees to prepare financi81 statements for eaeh financial year whith give a true and fair view of the slate of affairs of the charity and of the incoming reSoUrS and application of resources of the charity for that year. In preparing these finanrial slalemenls. the trustees are required lo.. select suitable accounling policies and then apply them consistenY', observe the methods and prinriples in the Charities SORP., make judgements and eslimales that are reasonable and prudent., stale whether applicable accounting standards have been followed, subject lo any material departures disdo$ed and explained in the financial statements,. and prepare the finanual statements on the going concem basis unless it is inappropriate lo presume that the ¢harity will continue in operation. The trustees are responsible for keeping suffi(#enl accounting records that disdose with reasonable accuracy al any lime the financial position of the charity and enable Ihern to ensure that the finanual staternents comply with the Charities ArA 2011. the Charity (Accounts and Report51 Regulations 2008 and Ihe prousions of the trust deed. They are a150 responsible for safeguarding the assets of Ihe tharity and hence for taking asonable steps for the prevention and detection of fraud and other irregularilies.
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THORPE WILLOUGHBY PLAYGROUP I report lo the trustees on my examination of the finanual stslemenls of Thorpe Willoughby Playgroupllhe charity) for the ye8r ended 31 Marth 2025. Responslbllttles and basis of report As the trustees of the charity you are Tesponsible for the preparation of the finanaal statements in accordan with the requirements of the Charities Act 2011. I report in respeci of my examination of the charity's financAal statements carried out under sedion 145 Df the Charities Act 2011. In carrying out my exarnination I have followed the Directions given by the Charity Commission under Section 14515llbl of the Charities A¢t 2011. Independènt •xamIne$ statement sin the charity's gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of ihe Charities AfA 2011. 1 confirm that l am qualified lo undertake the examination because l am a member of the Inststute of Chartered A¢counlanls in England and Wales, whid) is one of the listed bodies. Your attention is drawn to the fact Ihat thè Charity has prepared the financial statements in accordance with the relevant version of the Slaternent of Recommended Pra¢ti¢e applicable to charities preparing their finanrial 5talemenls in accordan with the Finanaal Reporting Standard applicable in the UK and Republic of I13d IFRS 1021 in preference to the Accounting and Reporting by Charities.. Slalemenl of Recornmended Practi issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the fjnanaal statements lo provide 8 true and fair iriew in accordance with UK Generalty Accepted Accounting Practice. I have completed my examination. I confilm that no matters h3ve come to my attention in connectson with the examination gThiing m Cause lo believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011. the finanaal stalements do not acrA)rd with those records,. or the finanaal slalemenls do not comply with the applicable Tequirements ConmIng the forrn and conlenl of finanaal statements set out in the Charities (Accounts and Report51 Regulations 2008 other than any requirement that the finanaal statements gwe a true and fair view. whith is not a maller considered as part of an independent examination. I have no concems and have ¢ome across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the finanual ststemenls lo be reached. Russell Smith FCA Smalles Goldie Chartered Accountsnls 20-24 Park Street Selby Y08 4PW
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Unrestrided funds funds Total 2025 2024 Notes Incomè Dunation5 and legaaes Charitable adiwties 3,492 285.321 3,581 228,409 Totsl incoma 288,813 231.990 Expenditure Charit8ble activities 1251,2141 231.783 Net income I lèxponditurel forthe year 37,599 207 Gross transfers between funds Net movement in funds 37,599 207 Fund balan5 at 1 April 2024 44,365 44,158 Fund balan¢trs at 31 Mar¢h 2025 81,964 44.365 The slalement of finanaal aCtiltieS indudes all g8ins and1055es recognised in the year. The statement of finanual actimlies includes all gains and losses recognised in the year. All income and expenditure derive from nlinuing actiwties.
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE STATEMENT OF FINANCIAL POSITION AS AT31 MARCH 2025 2025 2024 Notes Flxed a$sets Tangible assets 2.931 3.712 Currènt assets DebtOTS Cash al bank and in hand 10 3,340 81,497 959 42,713 84,837 15.8041 43,672 13,0191 Creditors: amounts f¥lllng due withln onè year 12 Nèt Curnt assets 79,033 40.653 Total assets less Current liabilities 81,964 44.368 The funds of the eharty Unrestricted funds 14 81.964 44,365 81,964 44,365 The financial stslements were approved by the Iruslee5 on . ts: I. I& L Howey Ichairpersonl Trustoe K Marshall (Treasurer) Trust••
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollclès Chaty information Thory)e Willoughby Playgroup is a charity gistered with the Charity Commission for England and Wales. Basls of preparntion The finanrial statements have been preparÈd in accordance with the charity's constitution. the Charities Act 2011 and "Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo Charities preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191" The d)arity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the prowsions in the SORP for charities applying FRS 102 Update Bulletin I not lo prepare Statement of Cash Flows. The finanaal statements have departed from the Charities (Accounts and Reports) Regulations 2008 onty lo the extent required to provide a true and fair wew. This departure has involved following the Slalement of Recommended Practice for tharilies applying FRS 102 rather than the version of the Statement of Recommended Pra1 which is referred to the Regulations but which has Sin been withdrawn. The fin3naal slalements are prepared in slerfing. which is the functional currency of the charity. The fjnanoal statements have been prepared under the historical cost convention. The prinupal accounting poliaes adopled are sel out below. 1.2 Going concern Al the time of approving the finanaal statements, Ihe trustees have a reasonable expect31ion that the charity has adequale resources to continue in operational existen for the foreseeable future. Thus the Iruslees continue lo adopt tre going conrn basis of accounting in preparing the financial staternents. 1.3 Charitsble lunds Unrestricted fvnd5 are available for use at the discretion of the trustees in furtheran of their charitable objectives. Restricted funds are subject to sperafic conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in thè notes lo the financial stalemenls. 1.4 Ineom• Income is Tecognised when the charity is legally enlilled lo il after any perf0rnan conditions have been rnet, the amounts can be measured lIablY, and il is probable that income will be reived. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless perfomanc£ conditions require deferral of the amount. In¢ome lax recoverable in relation to dona&'ons received under Gift Aid or deeds of covenant is recognised al the lime of the donation. 1.5 Expenditure Expenditure is induded on an accruals basis. Cost of generatin9 funds comprise those costs incurred by the charity in the delivery of ils artivities 8nd semees. It indudes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 1.6 Tangiblo fixgd a$sèts Tangible fixed assets are initialty measured at cost and subsequently measured al cost or valuation, net of depredation and any impaimienl losses.
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounting policies Icontlnuedl DepatrOn is recognised so as to wrfle off the cost or valuation of assets less their residual values over their usefijl lives on the following bases.. Property Equipment Fixtures and fittings Computer equipment OveT term of lease 25¢A redu(ing balance 25. reduang balance 3 years straight line The gain or loss arising on the disposal of an asset is determined as the difference been the sale prOed$ and the carying value of the asset, and is recognised in the statement of finanual activities. 1.7 Ca$h •nd cash equivalents Cash and cash equivalents indude cash in hand, deposits held al call with banks, other short-term liquid investments with original maturities of three rnonths or les5. and bank overdrafts. Bank overdrafts are shown within bOowingS in current liabilities. 1.8 Flnanclal Instrumorhts The charity has elected lo apply the Prowsions ol Section 11 'Basic Fin8ndal Instruments, and Sects'on 12 '0ther Finanaal Instruments Issues, of FRS 102 to all of its finanual instruments. Financial instrumenis are re¢ognised in the charity's balan sheet when the charity becomes paty lo the ntraCtUal prolS1OnS of the instrument. Basic financial assets Basic finan31 assets a measured at transaction price induding transaction costs. Financ4al assets dassified as receivable wilhin one year are not arnortysed. Basie flrtan¢i•l 1ffl8bilities Basic finanoal liabilities are recognised al transaction price. Financial liabilities dassified as payable within one year are not amortised. 1.9 Taxation The charity is exempt from lax on income and gains falling within section 505 of the Taxes Act 1988 or secbon 252 of the Taxation of Chargeable GainsAct 1992 to the extent that these are applied lo ils charitable objects. 1.10 Employee benefits The c051 of any unused holiday entitlement is COgniSed in the period in which the employee's 5eNce5 are leiVed. Terniination benefits are recognised immediately as an expense when the charity is demonstrably committed to tenninate the employment of an employe& ¢y to provide tennination benefits. 1.11 Retirement benerts Payments to defined ntributIOn relirement benefit sthemes are ¢harged as an expense as they fall due. Crltlcal accounting estimates and judgèmènts In the application of the charity's accounting poli¢ie5, the trustees are required lo make judgements, eslimales and assumption5 about the carrying amount of assets and liabilities that are not readily apparent from other sources. The eslirnates and a550Glated assumptions are based on historical experien and other factors that are considered to be relevant. A¢tual results may differ frorn these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. ReiS1on5 to accounting estimate5 are recognised in the period in which the estimate is rewsed where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and fvlure periods.
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Donations and legael•s Unrestricted Unrnstrl¢ted funds fund$ Total 2025 2024 Donations and gifts 3,492 3,581 In¢ome from charitable activities Unrèstrl¢ted fvnds Unrestricted funds 2025 2024 Pitstop fees Playgroup fees Bungalow and daycare fees Earty Years funding Holiday Club Other charitable income 84.240 6.748 3,393 165.744 23,734 1.462 S4.974 2,322 13.371 136.125 20.130 1,487 285.321 228,409
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Exp?nditure on charltsble activities Unrestricted fvnds Unrtrstricted funds 2025 2024 Dlr¢ct costs Staff costs Rent, rates and water Building insurance Repairs and maintenance Creative supplies Parties and events Consumable5 Nursery equipment TV licence Cleaning Eledriuty Telephone 202,328 4,149 1,826 5,004 247 so 4.370 4,235 173 183,319 5.850 1,659 4,784 327 82 3.355 2,379 132 908 6,565 1.518 255 8,972 1,463 233.072 210.878 Share of support and governance costs Isee note 61 Support Govemance 15,832 2,310 18,075 2,830 251,214 231,783 Analysis by fund Unrestricied funds 251.214 231,783 Support ¢O$ts allocated to actlvttles 2025 2024 Deprecjation Printing. stationery and postage Computer expenses Training costs Clothing costs Bank tharges Legal and professional fees Accountancy 822 1,089 2,223 1,547 401 2,679 1,030 735 933 288 239 12.576 2,830 9,345 2,310 18,142 20.905 Anatys¢d between: Unrestricted fvnds 18.142 20.905 Trustees None of the Iruslees lor any persons connected with them) received any remuneration or benefits frorn the charty during the year. 10-
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Employees The average monthly number of employees during the year wa5.. 2025 2024 Number Number 10 11 Employment costs 202S 2024 Wages and salaries So(#al security costs Other pension costs 190,325 8,956 3,047 173,502 6.637 3.180 202,328 183.319 There were no employees whose annual remuneration was more than £60,QOO. Tangible ftx¢d assets Property Equlpmant Fixtures and fittings Computer ¢quipment Totsl Cost Al 1 April 2024 Additions 29,616 17,628 41 24.804 5,174 77,222 41 At 31 March 2025 29,616 17,669 24.804 5,174 77,263 Dèpreeiation At 1 April 2024 tJeprecAatson tharged in the year 28,000 16,377 323 24,520 71 4,613 428 73,510 822 At 31 March 2025 28.000 16,700 24,591 5,041 74,332 Carying amount Al 31 March 2025 1.616 969 213 133 2,931 At 31 March 2024 1,616 1.251 561 3,712 10 Debto 2025 2024 Amounts falling due wlthin on¢ year. Trade debtors Prepayments and acuued income 1.483 1.857 266 693 3,340 959 11
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Loans and overdrafts 2025 2024 Bank overdrafts 307 Payable w(Ihin one year 307 12 Crèditors: amounts falllng due wlth5n on¢ year 2025 2024 Not•s Bank overdrafts Trade creditors Other creditors Accruals and deferred income 11 307 2,543 574 223 555 2.380 2.241 5,804 3,019 13 Retirement benefft schèmos 2025 2024 Defined contribution schemes Charge lo profil or loss in respect of defined conttibulion schemes 3,047 3,180 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently adrninislered fund. 14 Unrestricted fund$ The unrestricted fijnds of the charity comprise the unexpended balanS of donations and grants which are not subject lo specific conditions by donors and grantors as to how they rnay be used. These indude designated fvnds which have been Sel aside out of unrestricted funds by the Iwslees for speafic purposes. At 1 April 2024 Incoming resources Rèsoure¢sAt 31 March 2026 expended General hjnds 44,365 288,813 1251,2141 81.964 Prevlous y¢?r: At 1 Aprll 2023 Incoming rèsourc8S ResourcesAt 31 March 2024 expended General funds 44,158 231,990 1231,7831 44,365 12-
THORPE WILLOUGHBY PLAYGROUP KNOWN AS THORPE WILLOUGHBY CHILDCARE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 1S Operating lease eommltments Lessee Al the reporting end dale the charity had outstanding commitments for fijture minimum ase payments under non-cancellable operating leases, which fall due as follows.. 2025 2024 Within one year 1,250 1,250 16 Related paity tran$4¢tlons Remuneration of ktty management pèysonnel The rernuneration of key management personal wa5 as follows.. 2025 2024 Total remuneration 35,462 30,806 13