## ## ## ## ## ||||Page| |---|---|---|---| |Legal and Administrative||Details|| |Trustees'
Report|||| |Report ofthe Independent||Examiner|| |Statement of Financial|Activities||| |Balance Sheet|||| |Notes to the Financial|Statements||10| ## |PRINCIPAL OFFICE|15Aubert Park| |---|---| ||London| ||N5 1TL| |CHARITY NUllllBER|1020319| |COMPANY NUMBER|2324172| ## |Geir Freysson|(Chair person)||||| |---|---|---|---|---|---| |Committee
Members|||||| |Julian Triverio|(Treasurer)||||| |Adam Painter|(Treasurer)|resigned|November|2021|| |Aisling Morman
Tameka Small|(Company Secretary)
(Company
Secretary)|resigned
appointed|November
November|2021
2021|| |Raquel Drummond
Samantha
Cheong
Victoria Cowell|(Premises)
(Premises)
(Parent Participation)|resigned
appointed
resigned|November
November
November|2021
2021, resigned
2021|February 2022| |Fiona Shaw|(Parent Participation)||||| |Khush Sinha|(Fundraising)||||| |Janina Ketterer|(Garden Maintenance)||||| |Maxine Clay|(Educational
Advisor)||||| |After the year end the following
directors
resigned:|After the year end the following
directors
resigned:|After the year end the following|directors|were appointed:|were appointed:| |---|---|---|---|---|---| |Maxine Clay
Julian Triverio|Apdl 2022
November 2022|Edouard Carakehian
(Treasurer)
Alison Slatter (Garden Maintenance)||November
November|2022
2022| |Janina Ketterer|November 2022|Katie Bloor (Sustainability)||November|2022| |||Will Lockhart (Minute taker)||November|2022| |||Shahar Avin (Vice chair)||November|2022| |Management
Committee
mem
and trustees for the purposes|Management
Committee
mem
and trustees for the purposes|bers
are directors ofthe company
ofthe Charities Act 2011.|for the| |---|---|---|---| |KEYMANAGEMENT|||| |Ann Reid
Noelle O'Soyce||Nursery
Manager
Financial
Manager|| |Catherine
Antink||Family Liaison Coordinator|| |Joanne English||Nursey Administrator|| |INDEPENDENT|EXAMINER|Francis Corbishley|| |||Moore Northern
Home Counties|Limited,| |||First Floor,|| |||73-75 High Street,|| |||Stevenage|| |BANKERS||CAF Bank Ltd|| |||25 Kings
Hill Avenue|| |||Kings Hill, West Mailing
Kent ME194JQ|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||2022|2022|2022|2021| |---|---|---|---|---|---| ||Notes|Unrestricted
Funds
f|Restricted
Funds|Totalf|Tufa/f| |INCOME|||||| |Donations||940||940|673| |Charitable
activities
Grants received
Fees charged|4|114,640
727,602|54,823|169,463
727,602|264,700
525,484| |Investment
income||280||280|(644)| |TOTAL INCOME||843,462|54,823|898,285|790,213| |EXPENDITURE
Cost of raising funds
Cost of charitable
activities||143
997,949|54,823|143
1,052,772|1,012,078| |TOTAL EXPENDITURE||998,092|54,823|1,052,9'I5|1,012,078| |NET
INCOME/(EXPENDITURE)||(154,630)||(154,630)|(221,865)| |RECONCILIATION
OF FUNDS|||||| |Funds bought forward at 1 April
2021||774,468|1,318|775,786|997,651| |TOTAL FUNDS BALANCE
CARRIED FORWARD AT||619,838|1,318|621 156|775,786| |31 II/IARCH 2022|||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |GRANTS, DONATIONS|AND SIMIL|AR INCOII/IING
RES|OURCES||| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||Fund|Fund||| |||2022|2022|2022|2021| |||6|6||6| |Income from fundraising|events|940||940|523| |Donations|||||150| |||940||940|673| |||Unrestdicted|Fund|Restricted|Total|Tofal| |---|---|---|---|---|---|---| |||||Fund||| ||||2022|2022|2022|2021| |London Borough of Islington||||||| |Main Grant
Nursery Education|Grant over 3's|112,140||31,434|31,434
112,140|35,252
132,990| |Rebate Grant||||4,383|4,383|12,597| |Two year old grants||||11,608|11,608|26,469| |Other LBl Grants||||?,398|?&398|18,420| |University
of Greenwich|||2,500||2,500|| |Coronavirus
Job Retention Scheme||||||38,972| |||114,640||54,823|169,463|264,700| ## ## ## |Employee|costs were as follows:|costs were as follows:|2022f|2021f| |---|---|---|---|---| |Salaries
Employers
Employers|National
Pension|Insurance
Contribution|761,135
15,650
64,?09|763,486
15,217
58,527| ||||841,494|837,230| ## ## |ANALYSIS OF EXPENDITURE|ANALYSIS OF EXPENDITURE|2022|2022f|2022|2021| |---|---|---|---|---|---| |||Cost of|Cost of||| |||Funds|Charitable||| |||raising|activities|Total|Torsi| |Staff costs including,|recruitment,||859,800|859,600|841,402| |training
&welfare
Care and Education
Office costs
Professional fees
Premises costs
Fundraising|costs|143|63,559
41,838
922
49,541|63,559
41,838
922
49,541
143|37,805
44,550
316
48,997
712| |Restricted
Project Costs
Depreciation
Supportcosts
Governance
costs||143|27,519
7,433
2 160
1,052,772|27,519
7,433
2&160
1,052,915|28,701
7,435
2,160
1,012,078| ## |7|.
ANALYSIS OFSUPPORT AND|GOVERNANCE C|OSTS||| |---|---|---|---|---|---| |||Support Costs|Governance|2022|2021| ||||cos'ts|Total|Total| ||Independent
Examination
Payroll and accounting services|7,433|2,160|2,160
7,433|2 160
7,435| |||7,433|2,160|9,593|9,595| |8.|TANGIBLE FIXEDASSETS||||| ||||Building|Furniture|Total| ||||Development|&|| ||||Works &Soit|Equipment|| ||COST||Play Area
6||| ||At 1 April 2021
Additions
in period||923,107
8,108|89,815
4,455|1,012,922
12,563| ||At 31March 2022||931,215|94270|1 025,485| ||DEPRECIATION||||| ||At 1 April 2021
Provision
in period||672,996
16,138|71,039
11,381|744,035
27,519| ||At 31 llllarch 2022||689,134|82,420|771,554| ||Net book value at 31March 2022||242,081|11,850|253&931| ||Net book value at 31 March 2021||250,111|18,776|268,887| |9.|DEBTORS||||| |||||2022|2021| |||||6|| |Prepayments
Nursery fees
Other||||2„641
11,035
388|2,862
19,078
379| |||||14,064|22,319| ## ## ## ## |10CREDITORSAMOUNTS|FALLINGDUE|WITHIN ONE YEAR||| |---|---|---|---|---| |. :|||2022|2021| |Social Secudty
Trade creditors
Other creditors
Fees paid
in advance
Parents'
deposits
Accruals|||10,416
2)257
555
7,629
68,068
8,515|15,276
5,552
4,043
68,597
20,930| ||||87,448|'114398| |11.RESTRICTED FUNDS|Balance at|Movement|of Funds|Balance at| ||1 April
2021|Resources
Arising|Resources
Used|31 March
2022| |||6|6|F| |London Borough of lslington
Main Grant
Rebate Grant
Two year old grants
Other LBl Grants|1,318|31,434
4,383
11,608
7,397|31,434
4,383
11,608
391|1,318| |Total|1,318|54,823|54,823|1,318| ||Balance at|Movement of|Funds|Balance at| ||1 April
2020|Resources
Arising|Resources
Used
F|31 March
2021
E| |London Borough of Islington||||| |Main Grant
Rebate Grant
Two year old grants
Other LBIGrants|611|35,252
12,597
26,469
18,420|(35,252)
(12,597)
(26,469)
~)7,713,|1,318| |Total|611|92,738|92031|1,318| ## ## ## ## ||||Tangible Fixed|Net current||| |---|---|---|---|---|---|---| ||||Assets
2022|Assets
2022|Total
2022|rota/
2021| ||||||6|| |Unrestricted||Funds||365,90/|365,907|505,581| |Designated||Funds|253,931||253,931|268,887| |Restricted|Funds|||1,318|1,318|1,318| |Total|||253,931|367,225|621,156|775,786| ## ## ## |arc|the company
had commitment|s
under non-cancellable
operating
le|ases as follo| |---|---|---|---| |Operating|leases:|2022
6|2021f| |Within one
Within two|year
to five years|10,373
5,565|11,540
15,939| |||15,999|22429| ## ## ## |ETAILED EXPENDITURE|IN YEAR||||| |---|---|---|---|---|---| |||2022
f|f|2021
f|f| |Staff cosfs including
training
Salary costs
Staff pension
Staff Training
&welfare
Recruitment|& welfare|825,844
15,650
16,739
1,567|859,800|822,013
15,217
4,030
142|841,402| |Care snd Education costs
Food and Milk
Curriculum
&books
Toys and Learning
Matedals
Travel and Outings||35,426
6,809
17,974
3»|63,559|27,234
1,577
8,834
160|37,805| |Office costs
Subscriptions
Telephone
Postage and stationety
Office equipment
&software
Bank charges||3,856
9,787
1,881
20,232
5,139
539||2,569
12,298
1,481
23,673
3,426
510|| |Insumnce
General expenses||404|41,638|593|44,550| |Professional fees|||||| |Legal fees|||922||| |Premises costs
Covld costs
Repairs, renewals
snd maintenance
Cleaning
Heat and light
Water||672
10,401
25,366
11,560
1,542|49,541|3,757
8,690
25,938
8,075
2537|48,997| ||||143||| |Fundraising
Depreciation|||27,519||28,701
712| |Restricted Project Costs|||||| |Support costs
Management
accounts
Staff admin costs||4,436
2,995|7,433|4,445
2,990|7,435| |Governance
costs
Independent
Examination|||2,160||2 150| ||||1,052,915||1,012,078|