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2021-03-31-accounts

Page
Trustees' annual
report (incorporating		 the director's report) 1
Independent
examiner's
report to the		 trustees
Statement of financial activities (including income and expenditure
account)
Statement of financial position 10
Notes to the financial statements 11

The trustees, The trustees, The trustees, who are who are also the directors
for the purposes		 of company of company of company law, present law, present their report and the unaudited
financial statements of the charity for the year ended 31 March 2021 .
Reference and administrative details
Registered charity name THE ISLEDON COMMUNITY NURSERY TRUST
Charity registration number 1029478
Company registration number 02872995
Principal offic and registered THE SAM MORRIS NURSERY
offic PARKSIDE CRESCENT
LONDON
N7 7JG
UK
The trustees
SMGD DeJuan (Resigned 12January 2021)
REO El-Ouaret
SAH Home-Wright (Resigned 10August 2020)
K Lawton (Appointed 6July 2020)

Period from Period from 1
Sep 19 to 31 Mar
Year to 31 Mar 21 20
Unrestricted Restricted
funds funds Total funds
Total funds
Note
Income and endowments
Grant Income 5 176,038 15,090 191,128 64,069
Charitable
activities		 6 131,873 131,873 158,859
Investment income 7 47 47 150
Total income 307,958 15,090 323,048 223,078
Expenditure
Expenditure on charitable activities 8,9 413,799 ( 72,246) 341,554 222,468
Total expenditure 413,799 ( 72,246) 341,554 222,468
Net (expenditure)/income and net movement
in funds ( 105,841) 87,336 ( 18,506) 610
Reconciliation
offunds
Total funds brought forward 139,405 148,961 288,366 287,756
Total funds carried forward 33,564 236,297 269,861 288,366

31 March 2021
2021 2020
Note F
Fixed assets
Tangible
fixed assets		 15 133,193 140,603
Current assets
Debtors 16 31,812 30,027
Cash at bank and in hand 156,002 176,788
187,814 206,815
Creditors: amounts falling due within one year 17 51,147 59,052
Net current assets 136,667 147,763
Total assets less current liabilities 269,860 288,366
Net assets 269,860 288,366
Funds ofthe charity
Restricted
funds		 236,297 148,961
Unrestricted funds 33,564 139,405
Total charity funds 19 269,861 288,366

5.Grant inco me
Unrestricted Restricted Total Funds
Funds Funds 2021
E
Donations
Donations 752 752
Grants
London Borough of Islington 106,131 15,090 121,221
HMRC JRS Grant 69,155 69,155
176,038 15,090 191,128
Unrestricted Restricted Total Funds
Funds Funds 2020
f 6
Donations
Donations 77 77
Grants
London Borough of Islington 60,205 3,787 63,992
HMRC JRS Grant
60,282 3,787 64,069
6.Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2021 Funds 2020
Fee Income 131,873 131,873 158,859 158,859
7.Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2021 Funds 2020
f
Bank interest receivable 47 47 150 150
8.Expenditure on charitable activities by fund type
Unrestricted Restricted Total Funds
Funds Funds 2021
6
Activity type
1		 407,506 (72,246) 335,260
Support costs 6,293 6,294
413,799 ( 72,246) 341,554
Unrestricted Restricted Total Funds
Funds Funds 2020
6
Activity type
1		 214,855 3,787 218,642
Support costs 3,826 3,826
218,681 3,787 222,468

Activities Activities
undertaken Total funds
directly Support costs 2021 Total fund 2020
6
Activity type 1 335,260 3,593 338,853 220,469
Governance costs 2,701 2,701 1,999
335,260 6,294 341,554 222,468
10.Analysis ofsupport costs
Analysis of
support costs
activity
1		 Total 2021 Total 2020
6
Premises 20,059 20,059 10,970
General office 13,906 13,906 7,072
Governance costs 2,700 2,700 2,000
36,665 36,665 20,042
11.Net (expenditure)/income
Net (expenditure)/income is stated after charging/(crediting):
2021 2020
Depreciation oftangible fixed assets 8,634 4,976
12.Independent examination fees
Period from
Year to 1 Sep 19to
31 Mar 21 31 Mar 20
Fees payable to the independent examiner for
Independent examination ofthe financial statements 2,500 3,000
13.Staff costs
The average head count of employees during the year was 14 (2020: 12 ). The average
number		 of full-time
equivalent
employees		 during the year is analysed as follows:
2021 2020
No. No.
Nursery
Staff		 13
Administration Staff
14 12

Freehold Fixtures and
property fittings Total
E E
Cost
At 1 April 2020 264,003 22,189 286, 192
Additions 1,224 1,224
At 31 March 2021 264,003 23,413 287,416
Depreciation
At 1 April 2020 133,320 12,269 145,589
Charge for the year 5,280 3,354 8,634
At 31 March 2021 138,600 15,623 154,223
Carrying
amount
At 31 March 2021 125,403 7,790 133,193
At 31 March 2020 130,683 9,920 140,603
16.Debtors
2021 2020
Trade debtors 22,102 21,528
Prepayments and accrued income 651
Other debtors 9,059 7,838
31,812 30,027
17.Creditors: amounts falling due within one year
2021 2020
E
Accruals and deferred income 9,970 8,955
Other creditors 41,177 50,097
51,147 59,052
18.Government grants
The amounts recognised in the financial statements for government grants are as follows:
2021 2020
Recognised in income from donations and legacies:
Government grants income 69,155
19.Analysis ofcharitable funds
Unrestricted funds
At 31 March
At 1 April 2020 Income Expenditure 2021
E f E
General funds 139,405 307,958 (413,799) 33,564
At 1 September At 31 March
2019 Income Expenditure 2020
f 6

General funds 138,795 219.291 1218,681) 139,405

At 31 March At 31 March
At 1 April 2020 Income
Expenditure
2021
f
Restricted Fund 1 —desc in a/cs 148,961 15,090
72,246
236,297
At 1 September At 31 March
2019 Income
Expenditure		 2020
E f
Restricted Fund 1 —desc in a/cs 148,961 3,787 (3,787) 148,961
20.Analysis of net assets between funds
Unrestricted Restricted Total Funds
Funds Funds 2021
F
Tangible fixed assets 7,790 305,452 313,242
Current assets (43,382) (43,382)
Net assets (35,592) 305,452 269,860
Unrestricted Restricted Total Funds
Funds Funds 2020
8 E
Tangible fixed assets 9,921 148,961 158,882
Current assets 129,484 129,484
Net assets 139,405 148,961 288,366