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2021-04-05-accounts

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST
(A COMPANY LIMITED BY GUARANTEE)
Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)

_______________________________________________________________________________

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST

(A COMPANY LIMITED BYGUARANTEE)

DIRECTORS REPORT AND UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2021

1

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST
(A COMPANY LIMITED BY GUARANTEE)
Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)

_______________________________________________________________________________ LEGAL AND ADMINISTRATIVE INFORMATION

Directors Dr S Wells
Revd G Cole
Mrs N Balamoan
Mrs S Taylor
Mr K Smith
Mrs C Millett
Finance Officer Mrs S Driscoll
School House Manager Mrs A Payne
Secretary Dr S Wells
Charity number 1013805
Company number 02548382
Principal address School House
Crowthorne Road
Bracknell
Berkshire
RG12 7EH
Registered office School House
Crowthorne Road
Bracknell
Berkshire
RG12 7EH
Independent Examiner A J BennewithFCA, FCPA, FFA, FFTA,
FIPA, DChA, FRSA
3 Wey Court,
Mary Road,
Guildford,
Surrey
GU1 4QU 
2

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST
(A COMPANY LIMITED BY GUARANTEE)
Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)

_______________________________________________________________________________
CONTENTS
Page
Directors' Report 4-9
Independent Examiner’s Report 10
Statement of Financial Activities 11
Balance Sheet 11
Notes to the Accounts 13-16 
3

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST
(A COMPANY LIMITED BY GUARANTEE)
Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)

_______________________________________________________________________________

DIRECTORS' REPORT

FOR THE YEAR ENDED 5 APRIL 2021

The Directors present their report and accounts for the year ended 5 April 2021.The report is
prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with
the Trust’s memorandum of association, the Charities Act 2011 and the Charities SORP (FRS 102).

St Michael’s School, Easthampstead, Childcare Trust

The Trust is a company limited by guarantee not having a share capital. The Trust's objects are to
advance education and relieve children in need of care by the provision of sessional day Pre-School
for the children of the parish of Easthampstead and surrounding parishes in the Royal County of
Berkshire. To provide recreational facilities with the object of improving the conditions of life of the
children of the parish of Easthampstead and surrounding parishes.

Our Aims

All children are treated with respect and their individuality and potential recognised, valued and
nurtured.  We encourage tolerance, understanding and respect for all people. Organised and free
choice activities offer children opportunities to develop in an environment free from prejudice and
discrimination. We aim to work in partnership with parents and to provide appropriately for special
and social needs.  We aim to provide a valuable service to the community.

Objectives

In setting our objectives and planning our activities the Directors have given careful consideration to
the Charity Commission’s general guidance on public benefit and in particular to its supplementary
public benefit guidance on advancing education and on fee-charging.

In furtherance of these objects, School House offers a Pre-School (PS) for 2 -5 year-olds and an After
School Club (ASC) for 5-11 year-olds.

Children are admitted to bothsettings on a first-come-first-served basis up to the maximum number
allowed.

Pre-School children normally receive early education grant funding through Bracknell Forest Borough
Council (BFBC) for up to 30 hours per week.  Additional sessions can be purchased, if available.

The After School Club chargesfees for each session.  These are mainly determined by the need to
meet the requirements of legislation for such things as minimum wage, child-adult ratios and the
requirement of the Directors that these activities at least cover their costs.

In bothsettings and when the fees cannot be afforded, the Directors sympathetically consider any
requests for reduced or waved fees if they consider the child will significantly benefit from attendance.
There have been no requests in this financial year.

Achievement and Performance

School House was inspected by Ofstedin November 2018 and assessed overall as “Good”.  The
“Personal development, behaviour and welfare” was assessed as “Outstanding”.

Parents of children leaving School House are invited by the Directors to participate in a survey about
their experiences.  In a poll in the summer 2020, 93% parents strongly agree that our setting provides
excellent services.All adverse comments have been addressed.

Covid-19 and the Covid Job Retention Scheme

School House has adhered to all Government guidance throughout the Covid-19 pandemic.  As a
consequence, School House closed on March 23[rd]2020.

4

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST
(A COMPANY LIMITED BY GUARANTEE)

Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)

_______________________________________________________________________________

All ASC staff and three PS staff were placed on furlough.

School House remained closed until June 15[th]when the PSopened with 15 children only in the
morning and a different set of 15 in the afternoon.  The ASC remained closed due to social distancing
rules.

School House has been supporting all the children who were staying at home by providing home
learning activities, books, pens etc..

From September, PS and the ASC opened with reduced numbers.

As the ASC children and the privately funded PSchildren returned, staff were brought back off
furlough.

Pre-School (PS)

In September, our minimum age was reduced to admit 2-year-olds.

On average, 30 children attended morning sessions and 24 children afternoon sessions during the
Autumn Term.  In the Spring Term, sessions were full in the morning and had only 3 or 4 places
available in the afternoon.  20 children attended in the Lunch Club.

Four children attended with Early Years Pupil Premium Funding of £372 to spend on each.  A wooden
bead set, reading books andactivities, Orchard Farm games, rainbow stacker toy, and washable
pens.

The EYES scheme on how children’s development is planned, monitored and recorded is followed.
“In the Moment Planning” is fully implemented.

The successful scheme called “Present for Preschool” was continued and parents bought all the items
requested: This yeara wish list was created on Amazon and parents purchase an item from the list.
The total value was about £150.

After School Club (ASC)

The ASC was closed from April due to Covid restrictions.  It reopened in September but with reduced
numbersbecause many parents continued to work from home and did not need childcare.An
average of 16 children attended in the Spring Term.

Equipment and Facilities

Many items for the children’s play have been donated or purchased.  Theseincludea sensory shed
for EYPP, a gym balance beam, hula hoops, agility set, trikes, play pod, scales, buckets, timers,
books, Jenga, two gazebos, forehead thermometers and a camera.

The old pagoda was replaced by a wooden playhouse.

A professional Fire Risk Assessment had identified the need to improve the fire safety of the building.
When discussions with the landlord over the division of responsibilities stalled, the Directors decided
to proceed with the work anyway.  During May, significant electrical work was implemented to improve
the safety of the building and its occupants and to improve facilities.  Additional sockets were added
in the office, kitchen, TV room and outside; smoke alarms, exit signs and emergency lights were
replaced and more added.

An Electrical Inspection was performed and faults corrected to bring the building up to the required
standards including the replacement of the Consumer Unit.  An Electrical Safety Certificate was
issued.

The outside roof over the play area was replaced and extended. Two radiator covers were replaced.

5

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST
(A COMPANY LIMITED BY GUARANTEE)
Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)

_______________________________________________________________________________A new fridge was purchased.

The Directors have asked the landlord to replace the windows in School Houseas they no longer
open or close properly.

Qualifications

One member of staff is NVQ Level 5 qualified  in“Leadership for the Children and Young People’s
Workforce - Early Years”, three members of staff have qualified to NVQ Level 3 in “Early Years Care
and Education”, one has NVQ Level 2 and two are non-qualified.  One After School Club staff member
has NVQ Level 3 in “Playwork”.

Three members of staff have specific knowledge and responsibilities for SENCO (Special Educational
Needs Coordinator), Safeguarding and Health and Safety.

A team building event was sponsored by the Directors and it was well received by all the staff.

Financial Review

Marketing of School House continues through the website, Bracknell Forest Early Yearsand School
House Facebook page which has a good following.

By the time lockdown started, the Directors had already reduced staffing and one member of staff
was about to go on maternity leave, as such our costs were already under tight control.  As the viability
of the business was unknown, the Directors informed the Trustees Landlord that they would be
suspending payment of rent.  The Directors have now agreed to pay the owed rent and a credit
(£2750) has been entered into the accounts for the five months’ rent owed.  In addition, a debithas
been entered for the landlord’s share of the electrical work (£1718.40).  (Subsequent to the year end,
agreement has been reached with the landlord that the two amounts be settled.)

With uncertainties continuing and our financial future unknown, the Directors decided to apply for and
received a £50,000 Bounce Back Loanunderwritten by the Governmentin June.  Fortunately, this
was not needed and it was repaid in March before any costs were incurred.

When the Government forced the closure of educational establishments, they announced that they
would fund Preschools at the same level as in 2019/20 for funded children.  However, School House
lost all its privately funded income from both the PSand the ASC.  Fortunately, School House was
able to take full advantage of the Government’s Coronavirus Job Retention Scheme CJRS).  Under
the rules they were able to furlough staff to the level which covered the loss of private income (based
on February 2020) - 35.3%.  The Government paid 80% of these wages and their National Insurance
and Pension contributions.  Staff received 100% of their salary as the Directors covered the remaining
20%.  All ASC staff were furloughed and as many PSstaff as necessary to bring the CJRS claim as
close as possible but no more than 35.3%.  When the PS and ASC reopened and children gradually
returned, the furlough level was gradually reduced asthe private funding recovered.  Altogether,
£20,082.55 was received under CJRS.In addition, a discretionary grant of £8,200 was received from
Bracknell Forest Council because our business did not qualify for the Government’s Business Rate
relief scheme.

In April, those staff on the lowest hourly rate were awarded pay rises of 1.4% to bring the hourly rate
up to the level of the National Living Wage.  In September, all staff were awarded a 3% rise (less
1.4% for those on the lowest grade).

Until this year, our employees were entitled to 21 days paid holiday a year based on their employment
for 39 weeks a year pro rata from 28 days for 52 weeks employment.  Early in 2020, a case in the
High Court ruled that because of poor wording in employment law, all staff were eligible for 28 days
holiday irrespective of how many weeks a year they worked.  Following legal advice in March that this
ruling still stood, all staff received back pay of 3.24% to cover the owed holiday pay.

Voluntary contributions raised £1389.65 over the year compared to £4,500 the previous year.

One business risk was the opening of an After School Club at Wildridings School from where we used

6

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST
(A COMPANY LIMITED BY GUARANTEE)
Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)

_______________________________________________________________________________to receive several children.  However, they charge £2 more for a shorter session than our ASC (£11
v £9).

In pursuance of their legal claimin the County Court which has been in progress since 2018, the
hearing was rescheduled for October2020.  Fortunately, the defendant agreed to settle out of court
for £15,940 to cover legal costs of £9,972 and £5,967 of our claim to be repaid at £1,800 a year for
nine years.  Failure to pay a monthly instalment of £150 will result in the full outstanding amount
becoming immediately claimable through the court.

Business Improvements, Risks and Mitigations

To reduce the impact of a substantial number of children moving up to main school after the Summer
Term leaving low numbers in the PS in the Autumn Term, 2-year-olds are now allowed in the PS.

School House continues to market itself actively through its website, on social media and local listings
to attract as many children as possible.The introduction on online applications has resulted in the
recruitment of more children.

The other biggest financial risk to School House is if it hasto close at short notice.  The liabilities for
redundancy and reparations to the building and grounds have been assessed as £55,000.  Reserves
stood at £109,320 at the end of 2020-21.

An awning over the “Building Area” to protect the children from the sun wasordered in March at a
committed cost of £4,500.This will be paid for and capitalised in next year’s accounts.

The plans to opena Breakfast Club were postponed because of Covid-19 andthis will now openas
a trial for three months in June ‘22.

Conclusions

Other than another lockdown, the Directors believe that School House has survived Covid-19
extremely well and made a profit of £23,682 with reserves standing at £109,320.

It has been particularly difficult and uncertain time for the staff.  The continual changes in the rules
and regulations, the need to transform the building to provide the necessary social distancing, to
provide sanitisation equipment and perform regular deep cleaning, and the ever-present risks to the
staff themselves, has been particularly difficult.  The Directors are extremely grateful for the staff’s
diligence and professionalism.

Trust Structure, Governance and Management

The Trustees, who are also the directors for the purpose of company law, and who served during the
year were:

Dr S Wells
Revd G Cole
Mrs N Balamoan
Mrs S Taylor
Mr K Smith
Mrs C Millett

None of the Directors has any beneficial interest in the company.  All of the Directors are members of
the company and guarantee to contribute £1 in the event of a winding up.

The Trust is managed by a Board of Directors appointed on an annual basis either by the Governors
of St Michael's Voluntary Aided Primary School, Easthampsteador by the Board of Directors. Up to
15 Members of the Trust are also appointed by the Governors on an annual basis and who attend the
Annual General Meeting. The Directors employ a paid School House Manager, to deal with the day-
to-day management of the facility, a paid Finance Manager and a number of paid staff who work with
the children. The Directors are unpaid.

7

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST
(A COMPANY LIMITED BY GUARANTEE)

Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)

_______________________________________________________________________________The Directors approved the proposed changes to the Articles of Association which allowed the
accounts to be “Inspected” rather than “Audited”.

There are no connected charities.

It is the policy of the Trust to provide induction for new trustees.  Trustees are encouraged to attend
training courses especially those provided by the Early Years Team of Bracknell Forest Council.  Inset
training days for staff are held termly and trustees are encouraged to attend.  No specific training has
been received by any trustees during the period of this report.

The Directors make financial decisions for capital investments, expensive repairs (typically >£500),
staff salaries, the recruitment of senior staff, their management and appraisal, serious staffing issues
and the negotiations with their landlord and the School Governing Body.  The Directors delegate the
day-to-day responsibility for running the Trust to its managers.  This includes child placement
management, recruitment of junior staff, staff management, their DBS clearance and appraisal,
routine maintenance, purchasing of low value items, invoicing, banking, credit control,financial
records,and publicity.They provide reports to the Board every term.  Directors are encouraged to
visit School House regularly and help out where they can.

In setting the pay and remuneration of staff, the Directors pay due regard to such things as the
National Living Wage and salaries offered in job advertisements for similar businesses in the area.

The Directors have assessed the major risks to which the trust is exposed andare satisfied that
systems are in place to mitigate this exposure.  The directors have paid due regard to guidance
published by the charities commission in accordance with Section17(5) of the 2011 Charities Act.

Conclusion

The Pre-School and After School Club are established and valued community facilities.Both facilities
are very popular, and the leavers' survey indicates how highly parents value the facilities and service.

I would like to give my personal thanks to the other Directors who give so much of their own time to
the benefit of School House and to all the staff who work so hard to make it the success it is.

Disclosures

The following disclosures are made by the Board of Directors:

8

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST (A COMPANY LIMITED BY GUARANTEE)

Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)

_______________________________________________________________________________corporate and financial information included on the company's website. It is important to bear
in mind that legislation in the United Kingdom governing the preparation and dissemination
of financial statements may differ from legislation in other jurisdictions.

On behalf of the Board of Directors,

Stephen C Wells
Director

Dated: 21[st]May 2021

9

Inde endent Examiner's Re ort to the Trustees of St. Michael's School Eastham stead Childcare Trust I report to the charity trustees on my examination of the accounts of the Company for the year ended 5 April 2021. Responsibilities and basis of report As the charity's trustees of the Company land 3150 Its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companie5 Act 20061'the 2006 Act'l. Having satlsfied myself that the accounts of the Company are not required to be auclited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2DII I'the 2011 Act'l. In carrying Out my examination I have followed the Directions given by the Charlty Commission under section 145151 Ibl of the 2011 Act. Independent examiner'5 Statement I have completed my examination. I confirm that no matters have come to my attention in connection with the exarnination giving me cause to believe.. accountin8 records were not kept in respect of the Company as required by section 386 of the 2006 Act,. or the accounts do not accord with those records,. or the accounts do not comply with the accounting requlrements of section 396 of the 2006 Act other than any requlrement that the accounts give a true and fair view which Is not a matter consldered as part of an independent examination., or the accounts have not been prepared In accordance with the methods and principle5 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 IFRS 10211. I have no concerns and have come acr055 no other matters in connection wlth the examination to which attentiors should be drawn in this report in order to enable a proper understanding of the accounts to be ￿aChed. A J Bennewith FCA, FCPA, FFA, FFfA, FIPA, DChA, FRSA 3 Wey Court Mary Road Guildford Surrev GU14QU Date.. oil io

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST (A COMPANY LIMITED BY GUARANTEE)

Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 5 APRIL 2021

Notes
Incoming resources from generated funds
Incoming resources from charitable activities
2
Other incoming resources
3
Total incoming resources
Resources expended
4
Charitable activities
Nursery
After school
Holiday club (closed 2019/20)
Total charitable expenditure
Governance costs
Total resources expended
Net Income (expenditure) before tax for the financial year
Tax payable
Net (expenditure)/income for the year/
Net movement in funds
Fund balances at 6 April 2020
Fund balances at 5 April 2021		 2021
2020
All Unrestricted Funds
£
£
187,969
232,297
20,736
573
208,705
232,870
125,714
138,209
31,876
39,809
0
18,881
157,590
196,899
27,433
26,150
185,023
223,048
23,682
9,822
0
0
23,682
9,822
85,638
75,816
109,320
85,638		 
The Statement of Financial Activities also complies with the requirement for an income and expenditure account under the Companies
Act 2006 and the Companies Act 2011.

There being no other changes in equity, arising in the year, other than stated above,  the Statement also complies with the requirement
for a Comprehensive Income statement.

BALANCE SHEET

AS AT 5 APRIL 2021

AS AT 5 APRIL 2021
BALANCE SHEET
Notes
Fixed assets
Tangible assets
8
Current assets
Inventories
9
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within one year
11
Net current assets
Total assets less current liabilities
Income funds
Unrestricted funds		 2021
2020
£
£
£
£
11,297
14,462
0
0
14,043
15,900
91,956
57,817
105,999
73,717
-7,977
-2,541
98,023
71,176
109,320
85,638
109,320
85,638
109,320
85,638
105,999
-7,977		 73,717
-2,541
109,320 85,638
109,320 85,638
109,320 85,638 
11

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST (A COMPANY LIMITED BY GUARANTEE)

Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales) BALANCE SHEET

FOR THE YEAR ENDED 5 APRIL 2021 (CONTINUED)

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year
ended 5 April 2021. No member of the company has deposited a notice, pursuant to section 478, requiring an audit of these accounts.
The directors acknowledge their responsibilities for:

(a)    ensuring that the company keeps accounting records which comply with section 396 of the Act; and

(b)    preparing accounts which give a true and fair view of the state of affairs of the company at 5 April 2021 and of its profit for the year
then ended in accordance with section 386, and otherwise comply with the requirements of the Act relating to accounts, so far as
applicable to the company.

The accounts were approved by the Board on date: 21st May 2021

Dr S Wells Director

12

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST (A COMPANY LIMITED BY GUARANTEE)

Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2021 (CONTINUED)

Statutory Information

St Michael’s School, Easthampstead, Childcare Trust  is a private limited company, limited by guarantee, domiciled in
England and Wales, registration number 02548382.

Registered address:

School House

Crowthorne Road

Bracknell
Berkshire
RG12 7EH

The Charity number is 1013805

The presentation currency is £ sterling. The report and accounts include only the transactions of the company. The figures in
the accounts are not rounded.

1 Accounting policies

1.1 Basis of preparation

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance
with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland' and the Companies Act 2006.

The accounts have been prepared on a going concern basis, under the historical cost convention.

1.2 Revenue Recognition

Fee income comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Any fee
income received in advance is deferred until the following period.

Subsidies and Grants are recognised upon application.

Interest is recognised upon receipt.

1.3 Tangible fixed assets and depreciation

Fixed assets which cost over £500 are capitallised (Note 8).  Lower valued items are included in the inventory (Note 9).
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated
residual value of each asset over its expected useful life, as follows:

Equipment33.3% on cost
Fixtures and fittings                     20% on cost

1.4 Stock

Stock is valued at the lower of cost and net realisable value.

1.5 Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
The finance element of the rental payment is charged to the profit and loss account on a method giving a constant
rate of return on the balance outstanding.

1.6 Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for the benefit of its employees.
Contributions payable are charged to the profit and loss account in the period in which they are payable.

2 Incoming resources from charitable activities

Nursery fees
After school fees
Holiday club fees (Closed 2019/20)
Other incoming resources
Coronavirus Job Retention Scheme
Other income		 2021
2020
£
£
173,415
165,196
14,554
59,350
0
7,752
187,969
232,297
Total
Total
2021
2020
£
£
20,083
0
653
573
20,736
573

3 Other incoming resources

13

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST (A COMPANY LIMITED BY GUARANTEE)

Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)
4 Total resources expended
Charitable activities
Nursery
Activities undertaken directly
After school
Activities undertaken directly
Holiday club (closed 2019/20)
Activities undertaken directly		 Staff
Other
Support
Total
Total
costs
costs
2021
2020
£
£
£
£
92,021
11,255
22,437
125,714
138,209
19,532
1,293
11,051
31,876
39,809
0
0
0
0
18,881
111,553
12,549
33,488
157,590
196,899		 
2021 Support Costs (below) have been allocated in proportion to the various activities, including Governance.
Governance costs
Administration
Independent Examiner's Fee
Total resources expended		 21,960
568
3,721
26,249
25,150
0
1,184
0
1,184
1,000
21,960
1,752
3,721
27,433
26,150
133,513
14,301
37,209
185,023
223,048		 
14

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST (A COMPANY LIMITED BY GUARANTEE)

Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)
NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2021 (CONTINUED)

5 Support costs

5 Support costs
Nursery ASC HC (closed) Governance 2021 2020
(Allocation) 60% 30% 0% (10%) £ £
Pension Costs 1,967 969 0 326 3,262 3,352
Rent 4,220 2,079 0 700 6,999 7,608
Fuel, rates, telephone etc 7,081 3,488 0 1,174 11,743 16,739
Maintenance and repairs 4,375 2,155 0 726 7,255 2,996
Write offs 1,004 495 0 167 1,665 1,407
Support Inventory Purchases 383 189 0 64 635 340
Depreciation 3,407 1,678 0 565 5,649 5,840
22,437 11,051 0 3,721 37,209 38,282
6 Directors
None of the Directors (or any persons connected with them) received any remuneration. The only Director to recieve reimbursement
was Dr S Wells for expenses incurred the mobile phone insurance of £4.75.
7 Employees
Number of employees
The average monthly number of employees during the year was:
2021 2020
Number Number
Part-time:
Nursery 6 8
After school club 2 3
Holiday Club 0 1
Finance 1 1
Total 9 13
Full Time
Administration 1 1
Total 1 1
10 14
Employment costs 2021 2020
£ £
Employers National Insurance 4,436 5,732
Wages and salaries 128,517 162,158
Pension Costs 3,262 3,352
136,216 171,242 
The pension cost has been dealt with as a support cost and been allocated in accordance with note 5.

The total remuneration paid to key management personnel was £37,779, including pension and employer's National Insurance (2020: £34,887)
There were no employees whose annual emoluments were £60,000 or more.

8 Tangible fixed assets

8 Tangible fixed assets
Cost
At 5 April 2020
Additions
Disposals
At 5 April 2021
Depreciation
At 5 April 2020
Charge in year
Disposals
At 5 April 2021
Net book value At 5 April 2020
Net book value At 5 April 2021		 Plant and
machinery
Fixtures,
fittings &
equipment
Total
£
£
£
29,958
29,583
59,542
0
2,485
2,485
0
0
0
29,958
32,068
62,026
28,753
16,327
45,080
220
5,429
5,649
0
0
0
28,973
21,756
50,730
1,205
13,257
14,462
985
10,312
11,297		 
15

ST MICHAELS SCHOOL, EASTHAMPSTEAD, CHILDCARE TRUST (A COMPANY LIMITED BY GUARANTEE)

Charity Registration No. 1013805 Company Registration No. 02548382 (England and Wales)
9 Inventories
Inventories at lower of cost and net realisable value
Inventories recognised as an expense this financial year
Impairment adjustments made in the year
10 Debtors
Trade debtors
Taxes & Social Security
Other debtors
11 Creditors: amounts falling due within one year
Taxes and social security costs
Accruals
Sundry Creditors		 2021
2020
£
£
0
0
5714
2071
0
0
2021
2020
£
£
2610
9241
0
0
11433
6659
14043
15900
2021
2020
£
£
3,330
520
1,500
1,375
3,147
646
7,977
2,541

12. Guarantees and other financial commitments

Lease commitments

There is an on going discussion in respect of  the lease for the premises.

At present there is an annual commitment of £6,600 in respect of the premises which currently has no expiry date, but is expected to continue on a
year by year basis.

Therefore the Total Commitment as at Year end £6,600 (2020: £4,264)

13.Related Party transactions

Other than disclosed elsewhere in the accounts there have been no related party transactions.

16