## ## ## |Briefstatement
of
charity's
policy on|the
reserves|Our« ~e~erves policy covers: an allowance for the annual
differences
in
ming between
monthly costs and less frequent
local authority
EarlY
ears funding
payments;
(ong-term
liabiiity for staff sickness (SSP);the
need to cover a child's medical care needs for a year with additional
staff
ifthese costs are not covered by the local authority;
the need to replace a
large Piece ofequipment,
the need to cover a new initiative for a limited
Period ofterm (e.g. a new session while
it establishes);
cover for all
liabilities
ifwe went into insolvency,
as weil as a small amount
should any
ofthe above be higher than planned.
Total reserves
policy is F32,000.| |---|---|---| |||pl
group finished the 2020/21 financial year with a net profit ofE3,958.| |Further financial
review details||(Optional
information)| |You may choose lo|include|Our main sources ofincome are:| |additional
information,
where
relevant about:||~
Local authority
early years funding
(this is our principal source of
funding).| |~
the charity's
principal||| |sources offunds|(including|~
Charging
for hours not covered by government
funding.| |any fundraising);||| |~
how expenditure
has
supported
the key objectives||~
We ask a voluntary
contribution
ofF1 per funded
hour for non fee-
paying
children
and about 80%ofparents
pay this.| |ofthe charity;||| |~
investment
policy|and|~
Fundraising/donations.| |objectives including
any
ethical investment
policy
adopted.||Our highest cost is that ofour staff, some 80%ofour fixed costs and this
supports
our aim of providing
high quality care and education for the
children
who attend our setting.| |||As our costs are usually
in line with our earnings,
we do not have an| |||investment
portfolio. We hold a current account and a business savings| |||account.| ## ## ## ## ## ## ## ## |INCOMM,|||||| |---|---|---|---|---|---| |Fees|||||| |LEAf'undlng||||8046|2854| |Voluntary
contributions||||25846|29312| |Fundraising||||4471|2635| |Donations||||2629|1822| |Grants||||5333|2885| |Restricted use donation Igrant
Bank interest||||1094
360|1686
100| |INilk costs reclaimed||||4|30| |||||0|141| |||||47773|41573| |LES
EXPEN
RE|||||| |Salaries and wages
Employer pension contributions
Rent
INilk costs
Consumables
Equipment
Fundraising
costs
Gifts||||34984
687
3333
87
700
606
386
354|34495
670
2747
84
847
581
235
61| |Training||||186|172| |Insurance ICompliance IOfsted||||811|816| |Advertising
and website costs||||606|240| |Trips and educational|visits|4||0|0| |Accountancy
and payroll costs||5||356|3M| |Sundry expenses||6||800|0| |||||43815|41256| |NET INCOME FOR THE YEAR|||E|3958|317| ## ## ## |||f021|2020| |---|---|---|---| |CURRENT AS ETS|||| |Barclays current
Barclays premium
Petty cash|account
account|22838
18337
128|188&6
18328
126| |ACCUIIULATED|FUND|41288|37340| |Accumulated|funds brought forward||37340|37023| |---|---|---|---|---| |Net income|forthe year||3858|317| |||R|41288|37340| ## ## ## |||||2021|2020| |---|---|---|---|---|---| |1 Conaumables
Resources --art and craft materials,||||319|| |food ingredients,|plantinglseeds|etc||7|0| |Postage
Printer
ink and stationery||||114
40|171
20| |Telephone costs
Janitorial, PPE and|first aid supplies|||149
13|179
67| |Snack costs||||57|0| |Staff welfare|||||| ||||E|700|| |2 Equipment||||67|0| |Bamboo chutes||||11|0| |Flash cards||||10|0| |Visual keyrings||||65|0| |Rainbow playcloths|&pegs|||453|0| |Garden dimbing frame||||0|157| |Wally boot rack||||0|252| |Chairs||||0|39| |Telephone||||0|26| |Pedal bins||||0|31| |Books||||0|75| |Toys|||||| |||||606|581| ## ## ## ## ## ## ## ## |INCOMM,|||||| |---|---|---|---|---|---| |Fees|||||| |LEAf'undlng||||8046|2854| |Voluntary
contributions||||25846|29312| |Fundraising||||4471|2635| |Donations||||2629|1822| |Grants||||5333|2885| |Restricted use donation Igrant
Bank interest||||1094
360|1686
100| |INilk costs reclaimed||||4|30| |||||0|141| |||||47773|41573| |LES
EXPEN
RE|||||| |Salaries and wages
Employer pension contributions
Rent
INilk costs
Consumables
Equipment
Fundraising
costs
Gifts||||34984
687
3333
87
700
606
386
354|34495
670
2747
84
847
581
235
61| |Training||||186|172| |Insurance ICompliance IOfsted||||811|816| |Advertising
and website costs||||606|240| |Trips and educational|visits|4||0|0| |Accountancy
and payroll costs||5||356|3M| |Sundry expenses||6||800|0| |||||43815|41256| |NET INCOME FOR THE YEAR|||E|3958|317| ## ## ## |||f021|2020| |---|---|---|---| |CURRENT AS ETS|||| |Barclays current
Barclays premium
Petty cash|account
account|22838
18337
128|188&6
18328
126| |ACCUIIULATED|FUND|41288|37340| |Accumulated|funds brought forward||37340|37023| |---|---|---|---|---| |Net income|forthe year||3858|317| |||R|41288|37340| ## ## ## |||||2021|2020| |---|---|---|---|---|---| |1 Conaumables
Resources --art and craft materials,||||319|| |food ingredients,|plantinglseeds|etc||7|0| |Postage
Printer
ink and stationery||||114
40|171
20| |Telephone costs
Janitorial, PPE and|first aid supplies|||149
13|179
67| |Snack costs||||57|0| |Staff welfare|||||| ||||E|700|| |2 Equipment||||67|0| |Bamboo chutes||||11|0| |Flash cards||||10|0| |Visual keyrings||||65|0| |Rainbow playcloths|&pegs|||453|0| |Garden dimbing frame||||0|157| |Wally boot rack||||0|252| |Chairs||||0|39| |Telephone||||0|26| |Pedal bins||||0|31| |Books||||0|75| |Toys|||||| |||||606|581|