## ## ## ## ## ## ## ## ## ## ## ## |||Page| |---|---|---| |Charity
Information||| |Report ofthe Management
Commrttee||| |Independent
Examiner's
Report||| |Statement
of Financial|Activities|| |Balance Sheet||| |Notes to the Financial|Statements|| ## ## |Trustees|||Edel Redmond||| |---|---|---|---|---|---| ||||Jenny Thompson||| ||||Helen Carr||| |Management|Committee||Jenny Thompson||(Chair)| ||||Edel Redmond|(Treasurer)|| ||||Jesmilla Sanoon||| ||||Chloe Cameron||| ||||Chariie May||| ||||Emma Cameron||| |Charity Registration||Number|1026486||| |Principal Offic|||St. Mary's Church
Greenlaw
Street||| ||||London||| ||||SE185AR||| |Independent|Examiner||C.Cooper FCCA
Azets Audit Services Limited||| ||||Greytown
House||| ||||221 —227 High|Street|| ||||Orpington||| ||||Kent BR6 QNZ||| |Banker|||Santander||| ||||Bootle||| ||||Merseyside||| ||||GIR QAA||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |STATEMENT OF FIN
FOR THE YEAR END|ANCIAL AC
ED 31 MAR|TIVITIES
CH 2022|||| |---|---|---|---|---|---| ||||Unrestricted||Unrestricted| |||Notes|Funds|Total
2022|Total
2021| |||||6|6| |Income from:|||||| |Charitable
activities:
Fees and nursery
Grants receivable|vouchers||47,192
180,141|47,192
180,141|30,096
185,717| |Total income|||227,333|227,333|215,813| |Expenditure
on:|||||| |Charitable
activities:
Provision
of nursery care|||240,455|240,455|198,076| |Total expenditure|||240,455|240,455|198,076| |Net Income|||(13,122)|(13,122)|17,737| |Reconclgatlon
offunds:|||||| |Total funds
brought|forward||26,795|26,795|9,058| |Total funds carried|forward||13,673|13,673|26,795| ## ||||Notes|2022
6|2021
6| |---|---|---|---|---|---| |Fixed assets|||||| |Tangible fixed|assets|||1,797|| |Current assets|||||| |Cash at bank|and
in|hand||14,476|29,154| |||||16,273|29,154| |Creditors: Amounts
due within one year||falling||(2,600)|(2,359)| |Net Con ent|assets|||13,673|26,795| |Net assets||||13,673|26,795| |FUNDS|||||| |Unrestricted|Funds|||13,673|26,795| |||||13,673|26,795| ## ## ## ## ## ## |1.5|Support costs allocation| |---|---| ||Support
costs are those
that assist
the work
of the
charity
but do not directly
represent
charitable
activities
and
include
office costs, governance
costs,
administrative
payroll
costs. They are incurred
directly
in support
of expenditure
on the objects of the charity and include
project management
carried
out at Headquarters.
Where support costs cannot be directly
attributed
to particular
headings
they have
been allocated to expenditure
on charitable
activities
on a basis consistent
with use ofthe resources.| |1.6|Tangible fixed assets
Tangible
fixed assets are stated at cost (or deemed cost) or valuation
less accumulated
depreciation
and
accumulated
impairment
losses.
Cost mcludes costs directly attributable
to making
the asset capable of| ||operating as intended.| ||Depreciation
is provided
on
afi tangible
fixed assets,
at rates
calculated
to write
off the cost, less
estimated
residual
value, ofeach asset on a systematic
basis over its expected useful
life as follows:| ||Computers
and equipment
—25%straight
line| |1.7|Cash at bank and In hand
Cash at bank
and cash
in hand
includes
cash and short term
highly
liquid
investments
with
a short
maturity
ofthree months or less from the date of acquisifion
or opening
ofthe deposit or similar account.| |1.8|Debtors and creditors receivable/payable
within oneyear| ||Debtors and creditors
with no stated interest rate and receivable or payable
within
one year are recorded
at transaction
price. Any losses arising from impairment
are recognised
in expenditure.| |1.9|Corporation
Tax
The charity
is an exempt
charity
within
the meaning
of schedule
3 of the Charities
Act 2011 and is
considered
to pass the tests set out in Paragraph
1 Schedule 6 Finance Act 2010and therefore
it meets
the definition
ofa charitable
company
for UK corporation
tax purposes.| |1.10|Going concern| ||The financial
statements
have been prepared
on a going concern
basis as the hustees
believe that no
material
uncertainties
exist even after taking
Covid into consideration.
The trustees
have considered
the
level of funds
held and the expected
level of income
and expenditure
for 12 months
from authorising
these
financial
statements.
The
budgeted
income
and
expenditure
is sufficient,
after
taking
into
consideration
the change
in staff and using
apprentices
to save money
and cost reductions,
with the| ||level ofreserves for the charity to be able to continue as a going concern.| |1.11|Judgements
and key sources ofestimation
uncertainty| ||Accounting
estimates
and judgements
are continually
evaluated
and are based on historical
experience
and other factors, including
expectations
of future
events that are believed
to be reasonable
under the| ||circumstances.| ||The following
judgements
(apart
from those
involving
estimates)
have
been
made
in the process
of
applying
the above accounting
policies that have had the most signiTicant
effect on amounts
recognised| ||in the Iinancial statements:| ## ## ## ## ## |INCOMEFROMCHARITABLE ACTIVITIES||| |---|---|---| ||2022f|2021f| |London Borough of Greenwich
Other Grants
JRS claim|180,141|163,142
500
22,075| ||180,141|185,717| |STAFF COSTS AND TRUSTEE' REMUNERATION|2022|2021| ||f|f| |Wages and salaries
Social Security costs
Recruitment|152,018
4,180
303|150,266
3,698
151| ||156,501|154,115| ## ## ## ||CHARITABLEEXPEN|DITURE||| |---|---|---|---|---| |.|||2022|2021| ||||6|| ||Staff Costs
Agency Staff
Rent
Nursery
supplies
Food & refreshments
Depreciation
Telephone,
stationery
Occupancy costs
Insurance
Payroll bureau
Training
New site set-up costs
Miscellaneous
Staff entertaining
Subscriptions
Governance|& postage|156,501
28,617
13,500
1,579
2,980
38
7,055
13,902
211
3,099
2,923
4,886
2,099
483
548
2,034|154,115
3,639
13,200
860
1,419
1,477
6,058
7,195
1,216
3,027
2,993
576
447
1,854| ||||240,455|198,076| |5.|GOVERNANCE
COSTS||2022|2021| ||||6|6| ||Independent
examination||2,034|1,854| ||||2,034|1,854| |6.|TANGIBLE FIXED ASSETS|||| |||||Computers| |||||an(l| |||||Equipment| |||||6| ||Cost
As at 1 April 2021
Additions|||35,795
37,630| ||As at 31 March 2022|||37,630| ||Depreciation
As at 1 Apnl 2021
Charge for year|||35,795
38| ||As at 31 March 2022|||35,833| ||Net Book Values
At 31 March 2022|||1,797| ||At 31 March 2021|||| ## ## |CREDITORS: Amounts
falling due||| |---|---|---| |due within one year|2022|2021| ||6|6| |Accruals|2,039
561|1,854
505| |Other Creditors||| ||2,600|2,359| ## ## ## ## ## ## ## ## ## ## ## ## ## |||Page| |---|---|---| |Charity
Information||| |Report ofthe Management
Commrttee||| |Independent
Examiner's
Report||| |Statement
of Financial|Activities|| |Balance Sheet||| |Notes to the Financial|Statements|| ## ## |Trustees|||Edel Redmond||| |---|---|---|---|---|---| ||||Jenny Thompson||| ||||Helen Carr||| |Management|Committee||Jenny Thompson||(Chair)| ||||Edel Redmond|(Treasurer)|| ||||Jesmilla Sanoon||| ||||Chloe Cameron||| ||||Chariie May||| ||||Emma Cameron||| |Charity Registration||Number|1026486||| |Principal Offic|||St. Mary's Church
Greenlaw
Street||| ||||London||| ||||SE185AR||| |Independent|Examiner||C.Cooper FCCA
Azets Audit Services Limited||| ||||Greytown
House||| ||||221 —227 High|Street|| ||||Orpington||| ||||Kent BR6 QNZ||| |Banker|||Santander||| ||||Bootle||| ||||Merseyside||| ||||GIR QAA||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |STATEMENT OF FIN
FOR THE YEAR END|ANCIAL AC
ED 31 MAR|TIVITIES
CH 2022|||| |---|---|---|---|---|---| ||||Unrestricted||Unrestricted| |||Notes|Funds|Total
2022|Total
2021| |||||6|6| |Income from:|||||| |Charitable
activities:
Fees and nursery
Grants receivable|vouchers||47,192
180,141|47,192
180,141|30,096
185,717| |Total income|||227,333|227,333|215,813| |Expenditure
on:|||||| |Charitable
activities:
Provision
of nursery care|||240,455|240,455|198,076| |Total expenditure|||240,455|240,455|198,076| |Net Income|||(13,122)|(13,122)|17,737| |Reconclgatlon
offunds:|||||| |Total funds
brought|forward||26,795|26,795|9,058| |Total funds carried|forward||13,673|13,673|26,795| ## ||||Notes|2022
6|2021
6| |---|---|---|---|---|---| |Fixed assets|||||| |Tangible fixed|assets|||1,797|| |Current assets|||||| |Cash at bank|and
in|hand||14,476|29,154| |||||16,273|29,154| |Creditors: Amounts
due within one year||falling||(2,600)|(2,359)| |Net Con ent|assets|||13,673|26,795| |Net assets||||13,673|26,795| |FUNDS|||||| |Unrestricted|Funds|||13,673|26,795| |||||13,673|26,795| ## ## ## ## ## ## |1.5|Support costs allocation| |---|---| ||Support
costs are those
that assist
the work
of the
charity
but do not directly
represent
charitable
activities
and
include
office costs, governance
costs,
administrative
payroll
costs. They are incurred
directly
in support
of expenditure
on the objects of the charity and include
project management
carried
out at Headquarters.
Where support costs cannot be directly
attributed
to particular
headings
they have
been allocated to expenditure
on charitable
activities
on a basis consistent
with use ofthe resources.| |1.6|Tangible fixed assets
Tangible
fixed assets are stated at cost (or deemed cost) or valuation
less accumulated
depreciation
and
accumulated
impairment
losses.
Cost mcludes costs directly attributable
to making
the asset capable of| ||operating as intended.| ||Depreciation
is provided
on
afi tangible
fixed assets,
at rates
calculated
to write
off the cost, less
estimated
residual
value, ofeach asset on a systematic
basis over its expected useful
life as follows:| ||Computers
and equipment
—25%straight
line| |1.7|Cash at bank and In hand
Cash at bank
and cash
in hand
includes
cash and short term
highly
liquid
investments
with
a short
maturity
ofthree months or less from the date of acquisifion
or opening
ofthe deposit or similar account.| |1.8|Debtors and creditors receivable/payable
within oneyear| ||Debtors and creditors
with no stated interest rate and receivable or payable
within
one year are recorded
at transaction
price. Any losses arising from impairment
are recognised
in expenditure.| |1.9|Corporation
Tax
The charity
is an exempt
charity
within
the meaning
of schedule
3 of the Charities
Act 2011 and is
considered
to pass the tests set out in Paragraph
1 Schedule 6 Finance Act 2010and therefore
it meets
the definition
ofa charitable
company
for UK corporation
tax purposes.| |1.10|Going concern| ||The financial
statements
have been prepared
on a going concern
basis as the hustees
believe that no
material
uncertainties
exist even after taking
Covid into consideration.
The trustees
have considered
the
level of funds
held and the expected
level of income
and expenditure
for 12 months
from authorising
these
financial
statements.
The
budgeted
income
and
expenditure
is sufficient,
after
taking
into
consideration
the change
in staff and using
apprentices
to save money
and cost reductions,
with the| ||level ofreserves for the charity to be able to continue as a going concern.| |1.11|Judgements
and key sources ofestimation
uncertainty| ||Accounting
estimates
and judgements
are continually
evaluated
and are based on historical
experience
and other factors, including
expectations
of future
events that are believed
to be reasonable
under the| ||circumstances.| ||The following
judgements
(apart
from those
involving
estimates)
have
been
made
in the process
of
applying
the above accounting
policies that have had the most signiTicant
effect on amounts
recognised| ||in the Iinancial statements:| ## ## ## ## ## |INCOMEFROMCHARITABLE ACTIVITIES||| |---|---|---| ||2022f|2021f| |London Borough of Greenwich
Other Grants
JRS claim|180,141|163,142
500
22,075| ||180,141|185,717| |STAFF COSTS AND TRUSTEE' REMUNERATION|2022|2021| ||f|f| |Wages and salaries
Social Security costs
Recruitment|152,018
4,180
303|150,266
3,698
151| ||156,501|154,115| ## ## ## ||CHARITABLEEXPEN|DITURE||| |---|---|---|---|---| |.|||2022|2021| ||||6|| ||Staff Costs
Agency Staff
Rent
Nursery
supplies
Food & refreshments
Depreciation
Telephone,
stationery
Occupancy costs
Insurance
Payroll bureau
Training
New site set-up costs
Miscellaneous
Staff entertaining
Subscriptions
Governance|& postage|156,501
28,617
13,500
1,579
2,980
38
7,055
13,902
211
3,099
2,923
4,886
2,099
483
548
2,034|154,115
3,639
13,200
860
1,419
1,477
6,058
7,195
1,216
3,027
2,993
576
447
1,854| ||||240,455|198,076| |5.|GOVERNANCE
COSTS||2022|2021| ||||6|6| ||Independent
examination||2,034|1,854| ||||2,034|1,854| |6.|TANGIBLE FIXED ASSETS|||| |||||Computers| |||||an(l| |||||Equipment| |||||6| ||Cost
As at 1 April 2021
Additions|||35,795
37,630| ||As at 31 March 2022|||37,630| ||Depreciation
As at 1 Apnl 2021
Charge for year|||35,795
38| ||As at 31 March 2022|||35,833| ||Net Book Values
At 31 March 2022|||1,797| ||At 31 March 2021|||| ## ## |CREDITORS: Amounts
falling due||| |---|---|---| |due within one year|2022|2021| ||6|6| |Accruals|2,039
561|1,854
505| |Other Creditors||| ||2,600|2,359| ##