**REGISTERED CHARITY NUMBER: 1026262** ## Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 August 2022 for Little Firs Day Nursery A Hunter & Co Ltd Chartered Certified Accountants 61 St Thomas Street Weymouth Dorset DT4 8EQ Little Firs Day Nursery Contents of the Financial Statements for the Year Ended 31 August 2022 ||Page| |---|---| |Report of the Trustees|1| |Independent Examiner's Report|2| |Statement of Financial Activities|3| |Balance Sheet|4| |Cash Flow Statement|5| |Notes to the Cash Flow Statement|6| |Notes to the Financial Statements|8 to 13| |Detailed Statement of Financial Activities|14 to 15| Little Firs Day Nursery Report of the Trustees for the Year Ended 31 August 2022 The trustees present their report with the financial statements of the charity for the year ended 31 August 2022. The trustees have adopted the provisions of 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). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1026262 ## **Principal address** Little Firs Day Nursery Radipole Lane Weymouth Dorset DT4 0QF ## **Trustees** Ms P Goodrick Ms J Chegwidden Ms C Quine Ms W Parker Ms L Johnstone Ms S Hutchinson Ms W Jones Ms S Kerseley Ms K Ward ## **Independent Examiner** A Hunter & Co Ltd Chartered Certified Accountants 61 St Thomas Street Weymouth Dorset DT4 8EQ Approved by order of the board of trustees on ............................................. and signed on its behalf by: .......................................................... Ms P Goodrick - Trustee Page 1 Independent Examiner's Report to the Trustees of Little Firs Day Nursery ## **Independent examiner's report to the trustees of Little Firs Day Nursery** I report to the charity trustees on my examination of the accounts of Little Firs Day Nursery (the Trust) for the year ended 31 August 2022. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Alison Hunter A Hunter & Co Ltd Chartered Certified Accountants 61 St Thomas Street Weymouth Dorset DT4 8EQ Date: ............................................. Page 2 Little Firs Day Nursery |Statement of Financial Activities
for the Year Ended 31 August 2022
Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
Other trading activities
3
Investment income
4
**Total**
**EXPENDITURE ON**
Raising funds
5
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|31.8.22
Unrestricted
fund
£
585,729
315
-
586,044
530,787
55,257
288,100
343,357|31.8.21
Total
funds
£
477,027
290
45
477,362
515,378
(38,016)
326,116
288,100| |---|---|---| The notes form part of these financial statements Page 3 Little Firs Day Nursery ## Balance Sheet ## 31 August 2022 |Notes
**CURRENT ASSETS**
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
10
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
12
Unrestricted funds
**TOTAL FUNDS**|31.8.22
Unrestricted
fund
£
348,921
(5,564)
343,357
343,357
343,357
343,357
343,357|31.8.21
Total
funds
£
291,874
(3,774)
288,100
288,100
288,100
288,100
288,100| |---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. P Goodrick - Trustee The notes form part of these financial statements Page 4 ## Little Firs Day Nursery |Cash Flow Statement
for the Year Ended 31 August 2022
Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash provided by/(used in) operating
activities
**Cash flows from investing activities**
Interest received
Net cash provided by investing activities
**Change in cash and cash**
**equivalents in the reporting**
**period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
2
**Cash and cash equivalents at the**
**end of the reporting period**
2|31.8.22
£
55,280
55,280
-
-
55,280
291,156
346,570|31.8.21
£
(36,858)
(36,858)
45
45
(36,813)
324,974
291,156| |---|---|---| The notes form part of these financial statements Page 5 Little Firs Day Nursery ## Notes to the Cash Flow Statement ## for the Year Ended 31 August 2022 ## **1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES** ||**OPERATING ACTIVITIES**|||| |---|---|---|---|---| ||||31.8.22|
31.8.21| ||||£|£| ||**Net income/(expenditure) for the reporting period**|**(as per**||| ||**the Statement of Financial Activities)**||55,257|(38,016)| ||**Adjustments for:**|||| ||Interest received||-|(45)| ||Increase in creditors||23|1,203| ||**Net cash provided by/(used in) operations**||55,280|(36,858)| |**2.**|**ANALYSIS OF CASH AND CASH EQUIVALENTS**|||| ||||31.8.22|
31.8.21| ||||£|£| ||Cash in hand||50|50| ||Notice deposits (less than 3 months)||348,871|291,824| ||Overdrafts included in bank loans and overdrafts falling due|||| ||within one year||(2,351)|(718)| ||Total cash and cash equivalents||346,570|291,156| |**3.**|**ANALYSIS OF CHANGES IN NET FUNDS**|||| |||At 1.9.21|Cash flow|At 31.8.22| |||£|£|£| ||**Net cash**|||| ||Cash at bank and in hand|291,874|57,047|348,921| ||Bank overdraft|(718)|(1,633)|(2,351)| |||291,156|55,414|346,570| ||**Total**|291,156|55,414|346,570| The notes form part of these financial statements Page 6 Little Firs Day Nursery Notes to the Financial Statements for the Year Ended 31 August 2022 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Page 7 continued... Little Firs Day Nursery ## Notes to the Financial Statements - continued for the Year Ended 31 August 2022 |**2.**
**DONATIONS AND LEGACIES**
Grants
Admissions
Grants received, included in the above, are as follows:
Other grants
**3.**
**OTHER TRADING ACTIVITIES**
Fundraising events
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**RAISING FUNDS**
**Raising donations and legacies**
Support costs|31.8.22
£
235,906
349,823
585,729
31.8.22
£
235,906
31.8.22
£
315
31.8.22
£
-
31.8.22
£
530,787|31.8.21
£
1,430
475,597
477,027
31.8.21
£
1,430
31.8.21
£
290
31.8.21
£
45
31.8.21
£
515,378| |---|---|---| Page 8 continued... Little Firs Day Nursery ## Notes to the Financial Statements - continued for the Year Ended 31 August 2022 ## **6. SUPPORT COSTS** |Management
£
Raising donations and legacies
529,418|Governance
Finance
costs
£
£
594
775|Totals
£
530,787| |---|---|---| ## **7. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021. ## **8. STAFF COSTS** |**STAFF COSTS**||| |---|---|---| ||31.8.22|
31.8.21| ||£|£| |Wages and salaries|463,619|455,903| ||463,619|455,903| |The average monthly number of employees during the year was as follows:||| ||31.8.22|
31.8.21| |Admin|-|28| |No employees received emoluments in excess of £60,000.||| |**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**||| |||Unrestricted| |||fund| |||£| |**INCOME AND ENDOWMENTS FROM**||| |Donations and legacies||477,027| |Other trading activities||290| |Investment income||45| |**Total**||477,362| |**EXPENDITURE ON**||| |Raising funds||515,378| |**NET INCOME/(EXPENDITURE)**||(38,016)| ## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** Page 10 continued... Little Firs Day Nursery Notes to the Financial Statements - continued for the Year Ended 31 August 2022 |**9.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**| |---|---|---|---|---| |||||Unrestricted| |||||fund| |||||£| ||**RECONCILIATION OF FUNDS**|||| ||Total funds brought forward|||326,116| ||**TOTAL FUNDS CARRIED**|||| ||**FORWARD**|||288,100| |**10.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN**|**ONE YEAR**||| ||||31.8.22|
31.8.21| ||||£|£| ||Bank loans and overdrafts (see note 11)||2,351|718| ||Trade creditors||(1)|-| ||Taxation and social security||85|61| ||Other creditors||3,129|2,995| ||||5,564|3,774| |**11.**|**LOANS**|||| ||An analysis of the maturity of loans is given below:|||| ||||31.8.22|
31.8.21| ||||£|£| ||Amounts falling due within one year on demand:|||| ||Bank overdrafts||2,351|718| |**12.**|**MOVEMENT IN FUNDS**|||| ||||Net|| ||||movement|
At| |||At 1.9.21|in funds|
31.8.22| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|288,100|55,257|343,357| ||**TOTAL FUNDS**|288,100|55,257|343,357| Page 11 continued... Little Firs Day Nursery Notes to the Financial Statements - continued for the Year Ended 31 August 2022 ## **12. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
586,044
586,044|Resources
expended
£
(530,787)
(530,787)|Movement
in funds
£
55,257
55,257| |---|---|---|---| ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.9.20
£
326,116
326,116|Net
movement
in funds
£
(38,016)
(38,016)|At
31.8.21
£
288,100
288,100| |---|---|---|---| Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
477,362
477,362|Resources
expended
£
(515,378)
(515,378)|Movement
in funds
£
(38,016)
(38,016)| |---|---|---|---| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.9.20
£
326,116
326,116|Net
movement
in funds
£
17,241
17,241|At
31.8.22
£
343,357
343,357| |---|---|---|---| Page 12 continued... Little Firs Day Nursery Notes to the Financial Statements - continued for the Year Ended 31 August 2022 ## **12. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
1,063,406
(1,046,165)
**TOTAL FUNDS**
1,063,406
(1,046,165)|Movement
in funds
£
17,241
17,241| |---|---| ## **13. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 August 2022. Page 13 |Little Firs Day Nursery
Detailed Statement of Financial Activities
for the Year Ended 31 August 2022
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Grants
Admissions
**Other trading activities**
Fundraising events
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Support costs**
**Management**
Wages
Hire of plant and machinery
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Sundries
Cleaning
Repairs
Consumables
Expensed equipment
Subscriptions
Other
Staff costs
**Finance**
Bank charges
**Governance costs**
Accountancy and legal fees|31.8.22
£
235,906
349,823
585,729
315
-
586,044
463,619
-
7,319
1,981
(1,922)
1,577
4
-
1,772
9,288
21,460
13,572
215
6,397
2,528
1,608
529,418
594
775|31.8.21
£
1,430
475,597
477,027
290
45
477,362
455,903
3,230
918
1,846
4,678
1,825
2
521
1,907
11,621
4,295
13,635
7,194
835
3,968
1,864
514,242
401
735| |---|---|---| This page does not form part of the statutory financial statements Page 14 Little Firs Day Nursery |Detailed Statement of Financial Activities
for the Year Ended 31 August 2022
Total resources expended
**Net income/(expenditure)**|31.8.22
£
530,787
55,257|31.8.21
£
515,378
(38,016)| |---|---|---| This page does not form part of the statutory financial statements Page 15