EY412544 Registered Charity No:1027881
Killisick Pre-
School
@Coppice Farm Primary School, Laver Close, Arnold, Nottingham NG5 7LS
e-mail: Killisick.ps@ntlworld.com Tel: 0115 8598143
Trustees Annual Report for the year ending 31[st] March 2022
Name Killisick Preschool
Address Laver Close, Arnold, Nottingham. NG5 7LS
Charity Number 1027881
Aims & Objectives:
To enhance the development and education of children aged 2 to 5 years by offering a variety of learning and educational experiences across all areas of the Early Years Foundation Stage curriculum to all children regardless of their race, religion, means and culture.
We encourage parents/carers to take an active role in their child’s early years education. We give the parents/carers the opportunity and support to contribute to their learning records by sharing learning and home experiences.
Parents/carers are also given the opportunity to take part in the child’s development, through an open-door policy (covid permitting) and joining parent groups or the preschool committee.
The charity operates under the Pre-School Learning Alliance Constitution 2011 which was,
originally adopted in April 1996 and most recently amended on 30/05/2013. The charity’s
trustees are responsible for maintaining and preparing the financial accounts. The charity’s
Independent examiner is TCP Accountants a copy of the examined accounts is attached.
New trustees are appointed at the Annual General Meeting. All new committee members are added to the Charity Commission when suitability letters are received from Ofsted. Up to 3 members can be coopted by the committee in between AGMs. The Trustees confirm that they have complied with due regard to the Charity Commissions general guidance on “Charities and Public benefit”. The Charities Act 2011.
The main objectives of the charity are to provide a stimulating and exciting learning environment for children aged 2-5 in which they can develop and extend their learning across all areas of the Early Years Foundation Stage curriculum. To do this the charity strives to engage with parents and carers and to offer high quality opportunities to all members and their families regardless of race, culture, religion, means or ability. Whilst doing this the charity adheres to the aims and objectives of the Pre-school Learning Alliance from whom it receives regular training and support.
We follow the guidelines of the Education Department, Nottinghamshire County Council Early Years Team and Ofsted as set out in the Foundation Stage Curriculum Statutory Guidance and Early Years Outcomes Documents.
We offer flexible patterns of attendance to meet the needs of those who attend and welcome all families.
We also have great links with all the local primary schools which helps the children with their transition into reception classes.
We have a comprehensive set of policies and procedures covering all areas including Safeguarding, Equal Opportunities, Health and Safety and Prevent Duty.
The Preschool has achieved a “GOOD” Ofsted rating in 2005, 2008, 2011,2016 and retained this rating in January 2020.
Killisick Pre-school provides term time sessional day care from 8.50am until 3.35pm Monday to Friday. We offer Government funded hours to
eligible 2,3- and 4-year-olds and children who access EYIF (Early Years Inclusion Fund). Flexible payment arrangements are offered to Parents and Carers paying for sessions. Our fee rates are set by the committee to cover the ongoing running costs of the setting. These are reviewed annually.
Funding
Our main source of income is received through Government funding from Nottinghamshire County Council. This includes: 15/30 hours funding for 3 and 4year olds (Universal entitlement) 15 hours for eligible 2year olds which is means tested. Pupil Premium, DAF, and Inclusion funding. Alongside this, parent fees and fundraising events make up the remaining income. All fundraising events are run by staff and committee.
Risks
The main financial risk for the pre-school is low numbers in September which impacts on finances. The Business administrator and Manager keep a close eye on this and try to fill the spaces through advertising. (Which also comes at a cost). An additional risk is the rise in the National Minimum Wage resulting in higher outgoing for staff wages alongside low funding rates (which have not increased in line with the National Minimum Wage.) Funding rates do not cover the true cost of a child’s place.
.
2021/2022
The preschool employs 8 staff members. We continue to offer a high staff to pupil ratio within the setting. This year all staff have been supported with their ongoing training and PDPs through training courses both online and in person (Covid permitting). Covid restrictions have eased now, and we are no longer required to do lateral flow tests. The preschool is supported by, and values help from outside agencies including Early Years Alliance, Early Years Specialist Teachers from NCC, Family support workers, speech and language therapists and health visitors.
Reserves
The preschool committee has adopted a reserves policy, which is reviewed annually.
Our reserves are built up from the unrestricted income. The level of reserves is monitored every year by the committee. If there is a need to increase the reserve account this will be discussed and actioned by the committee.
The purpose of the reserves is.
i. To cover redundancy payments to staff.
ii. To ensure there is sufficient funds available for the upkeep and maintenance of the
building. To cover unforeseen additional expenses.
iii. To ensure the continuation of the provision for the children attending preschool,
including working costs.
REGISTERED CHARITY NUMBER: 1027881
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 FOR KILLISICK PRE-SCHOOL
TCP (GB) Group Ltd 10 The Triangle ng2 Business Park Nottingham Nottinghamshire NG2 1AE
KILLISICK PRE-SCHOOL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 6 |
| Detailed Statement of Financial Activities | 7 |
KILLISICK PRE-SCHOOL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. 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 2015).
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
1027881
Principal address
Laver Close Arnold Nottingham Nottinghamshire NG5 7LS
Trustees Mrs Y Marshall Mrs S Hayes Ms S Cockayne (resigned 21 January 2022) Mrs I Fowler Mrs K Cox Mrs A Martel Ms Soraya Williams
Independent examiner
TCP (GB) Group Ltd 10 The Triangle NG2 Business Park Nottingham Nottinghamshire NG2 1AE
Approved by order of the board of trustees on 30 January 2023 and signed on its behalf by:
Mrs Y Marshall - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KILLISICK PRE-SCHOOL
Independent examiner's report to the trustees of Killisick Pre-School
I report to the charity trustees on my examination of the accounts of the Killisick Pre-School (the Trust) for the year ended 31 March 2021 which are set out on pages 3 to 7.
Responsibilities and basis of report
As the charity trustees 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
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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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.
TCP (GB) Group Ltd 10 The Triangle NG2 Business Park Nottingham Nottinghamshire NG2 1AE
30 January 2023
Page 2
KILLISICK PRE-SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2022
| 31/3/2022 | 31/3/2021 | ||
|---|---|---|---|
| Unrestricted | Total funds | ||
| fund | |||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 160,939 | 149,873 | |
| Other trading activities | |||
| JRS Grant | - | 6,766 | |
| Other trading activities | 2 | - | - |
| Investment income | 3 | 5 | 20 |
| Total | 160,944 | 156,659 | |
| EXPENDITURE ON | |||
| Raising funds | - | - | |
| Other | 158,826 | 135,118 | |
| Total | 158,826 | 135,118 | |
| NET INCOME/(EXPENDITURE) | 2,118 | 21,541 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 114,199 | 92,658 | |
| TOTAL FUNDS CARRIED FORWARD | 116,317 | 114,199 | |
The notes form part of these financial statements
Page 3
KILLISICK PRE-SCHOOL
STATEMENT OF FINANCIAL POSITION
AT 31 MARCH 2022
| 31/3/2022 | 31/3/2021 | ||
|---|---|---|---|
| Unrestricted | Total funds | ||
| fund | |||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank and in hand | 118,579 | 116,446 | |
| Prepayments | 70 | 80 | |
| 118,649 | 116,526 | ||
| CURRENT LIABILITIES | |||
| Other tax and social security | 1,866 | 1,868 | |
| Other creditors | 466 | 459 | |
| 2,332 | 2,327 | ||
| NET CURRENT ASSETS | 116,317 | 114,199 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 116,317 | 114,199 | |
| NET ASSETS | 116,317 | 114,199 | |
| FUNDS | 6 | ||
| Unrestricted funds | 116,317 | 114,199 | |
| TOTAL FUNDS | 116,317 | 114,199 |
The financial statements were approved by the Board of Trustees on 30 January 2023 and were signed on its behalf by:
Mrs Yvonne Marshall -Trustee
The notes form part of these financial statements
Page 4
KILLISICK PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 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) issued in October 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.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. OTHER TRADING ACTIVITIES
| 31/3/2022 | 31/3/2022 | 31/3/2021 | 31/3/2021 | ||
|---|---|---|---|---|---|
| £ | £ | ||||
| Fundraising events | - | - | |||
| 3. | INVESTMENT INCOME | ||||
| 31/3/2022 | 31/3/2021 | ||||
| £ | £ | ||||
| Deposit account interest | 5 | 20 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Page 5
KILLISICK PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2022
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31/3/2022 | 31/3/2021 | ||||
|---|---|---|---|---|---|
| Administration Staff | 8 | 8 | |||
| No employees received emoluments in excess of £60,000. | |||||
| 6. | MOVEMENT IN FUNDS | ||||
| Net movement | |||||
| At | 1/4/2021 | in funds | At 31/3/2022 | ||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 114,199 | 2,118 | 116,317 | ||
| TOTAL FUNDS | 114,199 | 2,118 | 116,317 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement in | |||
| resources | expended | funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 160,944 | (158,826) | 2,118 | ||
| TOTAL FUNDS | 160,944 | (158,826) | 2,118 | ||
| Comparatives for movement in funds | |||||
| Net movement | |||||
| At | 1/4/2020 | in funds | At 31/3/2021 | ||
| £ | £ | £ | |||
| Unrestricted Funds | |||||
| General fund | 92,658 | (21,541) | 114,199 | ||
| TOTAL FUNDS | 92,658 | (21,541) | 114,199 | ||
| Comparative net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement in | |||
| resources | expended | funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 156,659 | (135,118) | 21,541 | ||
| TOTAL FUNDS | 156,659 | (135,118) | 21,541 |
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
Page 6
KILLISICK PRE-SCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2022
| 31/3/2022 | 31/3/2021 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Admission fees | 160,939 | 149,873 |
| Other operating income | ||
| JRS Grant | - | 6,766 |
| Other operating income | - | |
| Investment income | ||
| Deposit account interest | 5 | 20 |
| Total incoming resources | 160,944 | 156,659 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Fundraising costs | - | - |
| Support costs | ||
| Management | ||
| Wages | 129,694 | 117,750 |
| Pensions | 2,371 | 1,981 |
| Rates and water | 702 | - |
| Insurance | 959 | 958 |
| Light and heat | 961 | 810 |
| Telephone | 890 | 837 |
| 135,577 | 122,336 | |
| Other | ||
| Postage and stationery | 619 | 815 |
| Outings | 1,612 | - |
| Staff training | 682 | 202 |
| Equipment purchases | 5,170 | 2,783 |
| Uniforms | 542 | 31 |
| 8,625 | 3,831 | |
| Governance costs | ||
| Professional Fees | 293 | 351 |
| Accountancy fees | 674 | 642 |
| Gifts | 470 | 686 |
| Computer Software | 158 | 158 |
| Subscriptions | 1,025 | 739 |
| Health and Safety | 65 | |
| Website | 1,115 | 1,200 |
| Repairs and renewals | 5,772 | 390 |
| Gardening | 93 | |
| Cleaning expenses | 1,038 | 1,097 |
| Food and drinks | 440 | 272 |
| Toys and other educational materials | 3,613 | 3,258 |
| 14,624 | 8,951 | |
| Total resources expended | 158,826 | 135,118 |
| Net income/(expenditure) | 2,118 | 21,541 |
This page does not form part of the statutory financial statements
Page 7
REGISTERED CHARITY NUMBER: 1027881
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 FOR KILLISICK PRE-SCHOOL
TCP (GB) Group Ltd 10 The Triangle ng2 Business Park Nottingham Nottinghamshire NG2 1AE
KILLISICK PRE-SCHOOL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 6 |
| Detailed Statement of Financial Activities | 7 |
KILLISICK PRE-SCHOOL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. 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 2015).
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
1027881
Principal address
Laver Close Arnold Nottingham Nottinghamshire NG5 7LS
Trustees Mrs Y Marshall Mrs S Hayes Ms S Cockayne (resigned 21 January 2022) Mrs I Fowler Mrs K Cox Mrs A Martel Ms Soraya Williams
Independent examiner
TCP (GB) Group Ltd 10 The Triangle NG2 Business Park Nottingham Nottinghamshire NG2 1AE
Approved by order of the board of trustees on 30 January 2023 and signed on its behalf by:
Mrs Y Marshall - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KILLISICK PRE-SCHOOL
Independent examiner's report to the trustees of Killisick Pre-School
I report to the charity trustees on my examination of the accounts of the Killisick Pre-School (the Trust) for the year ended 31 March 2021 which are set out on pages 3 to 7.
Responsibilities and basis of report
As the charity trustees 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
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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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.
TCP (GB) Group Ltd 10 The Triangle NG2 Business Park Nottingham Nottinghamshire NG2 1AE
30 January 2023
Page 2
KILLISICK PRE-SCHOOL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2022
| 31/3/2022 | 31/3/2021 | ||
|---|---|---|---|
| Unrestricted | Total funds | ||
| fund | |||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 160,939 | 149,873 | |
| Other trading activities | |||
| JRS Grant | - | 6,766 | |
| Other trading activities | 2 | - | - |
| Investment income | 3 | 5 | 20 |
| Total | 160,944 | 156,659 | |
| EXPENDITURE ON | |||
| Raising funds | - | - | |
| Other | 158,826 | 135,118 | |
| Total | 158,826 | 135,118 | |
| NET INCOME/(EXPENDITURE) | 2,118 | 21,541 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 114,199 | 92,658 | |
| TOTAL FUNDS CARRIED FORWARD | 116,317 | 114,199 | |
The notes form part of these financial statements
Page 3
KILLISICK PRE-SCHOOL
STATEMENT OF FINANCIAL POSITION
AT 31 MARCH 2022
| 31/3/2022 | 31/3/2021 | ||
|---|---|---|---|
| Unrestricted | Total funds | ||
| fund | |||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank and in hand | 118,579 | 116,446 | |
| Prepayments | 70 | 80 | |
| 118,649 | 116,526 | ||
| CURRENT LIABILITIES | |||
| Other tax and social security | 1,866 | 1,868 | |
| Other creditors | 466 | 459 | |
| 2,332 | 2,327 | ||
| NET CURRENT ASSETS | 116,317 | 114,199 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 116,317 | 114,199 | |
| NET ASSETS | 116,317 | 114,199 | |
| FUNDS | 6 | ||
| Unrestricted funds | 116,317 | 114,199 | |
| TOTAL FUNDS | 116,317 | 114,199 |
The financial statements were approved by the Board of Trustees on 30 January 2023 and were signed on its behalf by:
Mrs Yvonne Marshall -Trustee
The notes form part of these financial statements
Page 4
KILLISICK PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 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) issued in October 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.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. OTHER TRADING ACTIVITIES
| 31/3/2022 | 31/3/2022 | 31/3/2021 | 31/3/2021 | ||
|---|---|---|---|---|---|
| £ | £ | ||||
| Fundraising events | - | - | |||
| 3. | INVESTMENT INCOME | ||||
| 31/3/2022 | 31/3/2021 | ||||
| £ | £ | ||||
| Deposit account interest | 5 | 20 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Page 5
KILLISICK PRE-SCHOOL
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2022
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31/3/2022 | 31/3/2021 | ||||
|---|---|---|---|---|---|
| Administration Staff | 8 | 8 | |||
| No employees received emoluments in excess of £60,000. | |||||
| 6. | MOVEMENT IN FUNDS | ||||
| Net movement | |||||
| At | 1/4/2021 | in funds | At 31/3/2022 | ||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 114,199 | 2,118 | 116,317 | ||
| TOTAL FUNDS | 114,199 | 2,118 | 116,317 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement in | |||
| resources | expended | funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 160,944 | (158,826) | 2,118 | ||
| TOTAL FUNDS | 160,944 | (158,826) | 2,118 | ||
| Comparatives for movement in funds | |||||
| Net movement | |||||
| At | 1/4/2020 | in funds | At 31/3/2021 | ||
| £ | £ | £ | |||
| Unrestricted Funds | |||||
| General fund | 92,658 | (21,541) | 114,199 | ||
| TOTAL FUNDS | 92,658 | (21,541) | 114,199 | ||
| Comparative net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement in | |||
| resources | expended | funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 156,659 | (135,118) | 21,541 | ||
| TOTAL FUNDS | 156,659 | (135,118) | 21,541 |
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
Page 6
KILLISICK PRE-SCHOOL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2022
| 31/3/2022 | 31/3/2021 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Admission fees | 160,939 | 149,873 |
| Other operating income | ||
| JRS Grant | - | 6,766 |
| Other operating income | - | |
| Investment income | ||
| Deposit account interest | 5 | 20 |
| Total incoming resources | 160,944 | 156,659 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Fundraising costs | - | - |
| Support costs | ||
| Management | ||
| Wages | 129,694 | 117,750 |
| Pensions | 2,371 | 1,981 |
| Rates and water | 702 | - |
| Insurance | 959 | 958 |
| Light and heat | 961 | 810 |
| Telephone | 890 | 837 |
| 135,577 | 122,336 | |
| Other | ||
| Postage and stationery | 619 | 815 |
| Outings | 1,612 | - |
| Staff training | 682 | 202 |
| Equipment purchases | 5,170 | 2,783 |
| Uniforms | 542 | 31 |
| 8,625 | 3,831 | |
| Governance costs | ||
| Professional Fees | 293 | 351 |
| Accountancy fees | 674 | 642 |
| Gifts | 470 | 686 |
| Computer Software | 158 | 158 |
| Subscriptions | 1,025 | 739 |
| Health and Safety | 65 | |
| Website | 1,115 | 1,200 |
| Repairs and renewals | 5,772 | 390 |
| Gardening | 93 | |
| Cleaning expenses | 1,038 | 1,097 |
| Food and drinks | 440 | 272 |
| Toys and other educational materials | 3,613 | 3,258 |
| 14,624 | 8,951 | |
| Total resources expended | 158,826 | 135,118 |
| Net income/(expenditure) | 2,118 | 21,541 |
This page does not form part of the statutory financial statements
Page 7