Sandbrook Community Playgroup Limited Charity Accounts

COMPANY REGISTRATION NUMBER: 01271562

CHARITY REGISTRATION NUMBER: 278929

Sandbrook Community Playgroup Limited

Company Limited by Guarantee

Unaudited Financial Statements

31 March 2025

Sandbrook Community Playgroup Limited

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2025

	Page

Trustees' annual report (incorporating the director's report)	1

Independent examiner's report to the trustees	5

Statement of financial activities (including income and expenditure account)	6

Statement of financial position	7

Notes to the financial statements	8

Sandbrook Community Playgroup Limited

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 March 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025 .

Reference and administrative details

Registered charity name	Sandbrook Community Playgroup Limited

Charity registration number	278929

Company registration number	01271562

Principal office and registered	85 Sandbrook Road
office	London
	N16 0SL

The trustees

	Ms A Lampaski
	Ms M Dougherty	(Appointed 25 November 2024)
	Ms T Sykora	(Appointed 2 June 2025)
	E Haman
	T Sanchez Sanchez	(Resigned 26 September 2025)
	R John
	V Al-Din	(Resigned 25 September 2024)

	E Alton	(Resigned 12 June 2025)
	Ms A Clough	(Appointed 9 April 2024)
	Mr J Morris	(Appointed 12 July 2024)

Independent examiner	Mr S D Allen FCCA ACA
	Omega Court
	364-366 Cemetery Road
	Sheffield
	S11 8FT

Structure, governance and management

The Charity is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 3 August 1976.

The management of the Charity is the responsibility of the Management Committee who are elected at the Annual General Meeting by the members or co-opted between general meetings in accordance with the terms of the Articles of Association.

Objectives and activities

The principal object of the Charity is to advance the education of children below compulsory school age.

The Management Committee members carried out the objects of the Company in the year by the provision of a playgroup in the London Borough of Hackney.

Achievements and performance

Sandbrook Community Playgroup continues to provide good quality child-care and education for pre-school children. The Playgroup was inspected by Ofsted in 2024 and provision was judged as “Good”.

The Staff and Committee Members have worked hard to ensure that as many places as possible were filled and occupancy was high again this year.

Financial review

The Charity made a surplus of £56,265 which is higher in comparison to prior years (2024 : £45,737). The Charity has accumulated reserves of £184,581 (2024 : £128,316).

Reserves Policy

The Committee considers that the free reserves of approximately 3 months of resources expended, which equates to £45,354 would enable current activities to continue in the short term should funding drop significantly.

Both the policy and its implementation are under regular scrutiny.

Risk Assessment

The Committee is yet to complete a formal assessment of the risks facing the Charity but considers that steps have been taken to mitigate major risks, both financial and operational.

Income

Children receive funding via the Early Years National Funding Formula (NFF) from the term after their third birthday which means that the playgroup receives funding for 15 hours per child per week. Some children are now able to claim 30 funded hours a week. In addition funding is now available for two-year-olds from families in receipt of benefits.

Fees are charged for those not yet entitled to NFF funding.

In addition payments totalling £29,693 were received from the Subsidised Childcare Programme of Hackney Education during the financial year.

Voluntary donations are made by parents. The playgroup asks for £10 a week from those in employment and £2.50 for those in receipt of benefits. £1,430 was raised in donations in this financial year. Gift Aid is claimed on many of these donations.

The Management Committee also raises money through fundraising events, £7,343 was raised in total through fundraising in this financial year.

Staffing

The playgroup employs a Manager, a Deputy Manager, three Early Year Practitioners.

Three inset days were held during the academic year for staff training.

Property

The playgroup continues to rent 85 Sandbrook Road from London Borough of Hackney.

Management Committee

All parents are members of the Committee and some parents are elected as Officers, becoming Directors and Trustees of the Charity. The Officers have overall responsibility for the financial management and running of the playgroup. Meetings of the Committee take place once a term and minutes are distributed to all parents of children at Sandbrook and to staff.

Emma Harman continued as a trustee in the role of Chair but will stand down after 1st December 2025.

Victoria Al-Din in the role of Treasurer stood down on 23rd September 2024 and Androniki Lampaski became Treasurer on the same date but will also stand down after 1st December 2025. Ronnika John continues as Nursery Manager and trustee. Ann Marie Clough became a trustee on 9th April 2024. James Morris became a trustee on 12th July 2024 and Meredith Dougherty became a trustee on 25th November 2024. Tamara Sykora became a trustee on 2nd June 2025. Emily Alton stood down on 12th June 2025 and Tamara Sanchez Sanchez stood down on 26th September 2025.

Future developments

SCP funding has been reduced overall by approximately £10,000 per annum in recent years and it is likely to be further reduced in the future. The playgroup believes that, if it can maintain high occupancy levels, it could still be sustainable, however it would need to take more fee paying children and less funded children to enable it to be so. It would also need to increase fees considerably.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on 1 December 2025 and signed on behalf of the board of trustees by:

Ms A Lampaski

Trustee

Sandbrook Community Playgroup Limited

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Sandbrook Community Playgroup Limited

Year ended 31 March 2025

I report to the trustees on my examination of the financial statements of Sandbrook Community Playgroup Limited ('the charity') for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr S D Allen FCCA ACA Independent Examiner

Omega Court 364-366 Cemetery Road Sheffield S11 8FT

1 December 2025

Sandbrook Community Playgroup Limited

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 March 2025

	2025		2024
	Unrestricted funds	Total funds	Total funds
Note	£	£	£

Income and endowments

Donations and legacies	5	1,688	1,688	4,574
Charitable activities	6	226,972	226,972	216,561
Other trading activities	7	7,343	7,343	12,142
Investment income	8	1,679	1,679	725
		---------	---------	---------
Total income		237,682	237,682	234,002
		---------	---------	---------

Expenditure

Expenditure on charitable activities	9,10	181,417	181,417	188,265
		---------	---------	---------
Total expenditure		181,417	181,417	188,265
		---------	---------	---------

	---------	---------	---------
Net income and net movement in funds	56,265	56,265	45,737
	---------	---------	---------

Reconciliation of funds

Total funds brought forward	128,316	128,316	82,579
	---------	---------	---------
Total funds carried forward	184,581	184,581	128,316
	---------	---------	---------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Sandbrook Community Playgroup Limited

Company Limited by Guarantee

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible fixed assets	15	11,083	15,518

Current assets

Debtors	16	4,634	1,975
Cash at bank and in hand		172,021	114,272
		---------	---------
		176,655	116,247

Creditors: amounts falling due within one year	17	3,157	3,449
		---------	---------
Net current assets		173,498	112,798
		---------	---------
Total assets less current liabilities		184,581	128,316
		---------	---------
Net assets		184,581	128,316
		---------	---------

Funds of the charity

Unrestricted funds		184,581	128,316
		---------	---------
Total charity funds	18	184,581	128,316
		---------	---------

For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 1 December 2025 , and are signed on behalf of the board by:

Ms A Lampaski	E Haman
Trustee	Trustee

Sandbrook Community Playgroup Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 85 Sandbrook Road, London, N16 0SL.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

In line with the Charities SORP (FRS102) Update Bulletin 1, no cash flow statement has been presented for the company.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Property improvements	-	10% straight line
Equipment	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Limited by guarantee

The company is a company limited by guarantee not having a share capital. Every member of the company undertakes to contribute a sum not exceeding £1 if the company has insufficient assets to discharge its liabilities in the event of winding up.

Accordingly, the company has no share capital and no reconciliation of movements in shareholders' funds has been presented.

5. Donations and legacies

Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
£	£	£	£

Donations

Donations	1,688	1,688	4,574	4,574
	------	------	------	------

6. Charitable activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
LB Hackney	151,193	151,193	132,715	132,715
Fees	38,465	38,465	38,787	38,787
LB Hackney Learning Trust	37,314	37,314	45,059	45,059
	---------	---------	---------	---------
	226,972	226,972	216,561	216,561
	---------	---------	---------	---------

7. Other trading activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Parent's fundraising	7,343	7,343	12,142	12,142
	------	------	-------	-------

8. Investment income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Bank interest receivable	1,679	1,679	725	725
	------	------	----	----

9. Expenditure on charitable activities by fund type

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Charitable activities	178,959	178,959	185,746	185,746
Support costs	2,458	2,458	2,519	2,519
	---------	---------	---------	---------
	181,417	181,417	188,265	188,265
	---------	---------	---------	---------

10. Expenditure on charitable activities by activity type

	Activities undertaken directly	Support costs	Total funds 2025	Total fund 2024
	£	£	£	£
Charitable activities	178,959	–	178,959	185,746
Governance costs	–	2,458	2,458	2,519
	---------	------	---------	---------
	178,959	2,458	181,417	188,265
	---------	------	---------	---------

11. Net income

Net income is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible fixed assets	4,855	4,961
	------	------

12. Independent examination fees

	2025	2024
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	2,520	2,520
	------	------

13. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2025	2024
	£	£
Wages and salaries	150,164	155,488
	---------	---------

The average head count of employees during the year was 7 (2024: 8 ). The average number of full-time equivalent employees during the year is analysed as follows:

	2025	2024
	No.	No.
Playground	6	7
Administration	1	1
	----	----
	7	8
	----	----

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

14. Trustee remuneration and expenses

No remuneration was paid to trustees in the period (2024: Nil) nor were any expenses reimbursed to them (2024: Nil).

15. Tangible fixed assets

	Property improvements	Equipment	Total
	£	£	£
Cost
At 1 Apr 2024	47,454	18,173	65,627
Additions	–	420	420
	-------	-------	-------
At 31 Mar 2025	47,454	18,593	66,047
	-------	-------	-------
Depreciation
At 1 Apr 2024	34,479	15,630	50,109
Charge for the year	4,114	741	4,855
	-------	-------	-------
At 31 Mar 2025	38,593	16,371	54,964
	-------	-------	-------
Carrying amount
At 31 Mar 2025	8,861	2,222	11,083
	-------	-------	-------
At 31 Mar 2024	12,975	2,543	15,518
	-------	-------	-------

16. Debtors

	2025	2024
	£	£
Prepayments and accrued income	4,634	760
Other debtors	–	1,215
	------	------
	4,634	1,975
	------	------

17. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	2,695	2,669
Other creditors	462	780
	------	------
	3,157	3,449
	------	------

18. Analysis of charitable funds

Unrestricted funds

	At 1 Apr 2024	Income	Expenditure	At 31 Mar 2025
	£	£	£	£
General funds	128,316	237,682	(181,417)	184,581
	---------	---------	---------	---------

	At 1 Apr 2023	Income	Expenditure	At 31 Mar 2024
	£	£	£	£
General funds	82,579	234,002	(188,265)	128,316
	-------	---------	---------	---------

19. Analysis of net assets between funds

	Unrestricted Funds	Total Funds 2025
	£	£
Tangible fixed assets	11,083	11,083
Current assets	176,655	176,655
Creditors less than 1 year	(3,157)	(3,157)
	---------	---------
Net assets	184,581	184,581
	---------	---------

	Unrestricted Funds	Total Funds 2024
	£	£
Tangible fixed assets	15,518	15,518
Current assets	116,247	116,247
Creditors less than 1 year	(3,449)	(3,449)
	---------	---------
Net assets	128,316	128,316
	---------	---------