## **Stone Cross Independent Pre-School Annual General Meeting 9:30am Friday 24[th] June 2022 Stone Cross Memorial Hall.** ## **Committee Present:** Gaye Nethercot (Chair), Kerry Mepham (Treasurer), Lynsey Graham (Secretary), Kelly McQuillan, Amie Beard, Hayley Edwards. ## **Committee apologies:** Lizzie Harmer. ## **Open Meeting:** Welcome everyone to the Stone Cross Independent Pre-School Annual General Meeting. We really do appreciate parents coming to the AGM here today. As you know we are a committee run pre-school and to be able to hold the AGM we need a certain number of Parents here. We do have over 10% in attendance as required so thank you again! Just to introduce ourselves, my name is Gaye Nethercot, the Chairperson, beside me is Kerry Mepham our Treasurer and Lynsey Graham our Secretary. So that you are aware, this AGM covers the school year 1[st] September 2020 through to 31[st] August 2021. ## **Minutes:** Can we please agree that the minutes for the AGM held on Wednesday 23[rd] June 2021 and that they are an accurate record and representation? Please would somebody propose and second that the minutes are an accurate record of last year’s AGM. The 2021 AGM minutes were proposed as being a true representation of the meeting by Lynsey Graham and seconded by Hayley Edwards. ## **Matters Arising:** We were able to continue to open during the COVID19 pandemic and the pre-school temporarily used the Government Furlough Scheme from January 2021 for some staff at both settings. ## **Chair Report:** ## **Staff Changes** Nursery Unit – Donna Luck resigned in May 2021. Memorial Hall – None. Bank Team – Rebecca Knowles joined in October 2020. Eden Noble and Jasmin Lewis left in April 2021. ## **Committee Changes** The AGM was held in June 2021 with the election of the Committee. ## **School Year September 2020 to August 2021** Due to Covid 19 the pre-school year continued to be very different, all trips and events were not carried out as in previous years. We did manage to arrange trips to Knockhatch July 2021 for both settings which were well attended. Fundraising events were very limited however we managed to run Cyril Squirrel! Thank you to all Parents, Staff and Committee for all your support during these unprecedented times. ## **Staff Training** As always the staff undertook a huge amount of training during the year, both in and out of the usual working hours. Due to the pandemic the face to face training events were cancelled and only essential training continued and were moved online so a big thank you to the staff for adapting and this continued commitment to the pre-school and children. - All staff at both settings are up to date with Safeguarding, Paediatric First Aid and Food Hygiene Training. - Sharon Britton, Jackie Kitts, Sharon Gavigan and Lizzie Axell attended EYFS Network meetings and Inclusion Support groups that were held throughout the year. ## **Treasurer Report:** A full summary of the Pre-Schools financial situation can be seen on the audit of our accounts. These have been prepared for us by Watson Associates. Fundraising activities historically have been a major source of income for the Pre-School. We attempt to try and carry out at least one fundraising event per half term but of course these have not been carried out as frequently the last school year. We do thank all of you for your continued support with this. During this school year we successfully ran the Cyril Squirrel sponsorship, some holding deposits were kindly donated when children moved on to primary school and donations received by NX Photos our regular photographer. Figure overall was £1074.16 in total. ## **Admissions:** Both school years finished at the Hall and Unit with available sessions filled. The Unit Open Day could not run in Spring 2021 however, together with existing children at the Memorial Hall and new names from the waiting lists, we managed to fill spaces for the 2020/2021 school year. For the Hall admissions were taken on an individual visit basis rather than an Open Afternoon. The number of enquiries have continued to increase throughout the year for the next school year. ## **Election of the New Committee:** All current committee members must formally stand down. The pre-school committee must have a minimum of 5 members and a maximum of 12 members with a further 3 co-opted members if required. Three of the members are officer posts which are Chair, Treasurer and Secretary. Nominations of members which are now formally elected are: |**Position**|**Nominee**| |---|---| |Chair
|**Gaye Nethercot**| |Treasurer
|**Kerry Mepham**| |Secretary
|**Lynsey Graham**| |Member
|**Kelly McQuillan**| |Member
|**Amie Beard**
| |Member
|**Hayley Edwards**| Sharon Britton & Sharon Gavigan, our Supervisors at each setting sit on the Committee in an advisory capacity. ## **Any Other Business:** Does anyone have any other business to bring up? No other business. **Date of next AGM** : TBC - Before end of June 2023 **Meeting Closed at: 9.45am** REGISTERED CHARITY NUMBER: 1030338 REPORT OF THE TRusfEES AND UMAUDtTED FINANCIAL STATEMEt4TS FOR THE YEAR EMDED 31 ￿jGU$r 2021 FOR STONE CROS8 INDEPEMDE14T PRE-SCHOOL Watson knociate5 30. 34 North &r¢gt Hailsham East St&S8X BN27 1 DW STONE CROSS INDEPENDENT PRE4CHOOL CONTENTS OF THE FINANCIAL STATEMENT8 FOR THE YEAR ENDED 31 AUGUST 2021 Page Rem ofth• TN$t84S 1 to 2 Indop•nd•nt Examin•￿5 R•port SLitèm•nt of FInan￿1 ktivtti•s Balanc8 Sh•aQ Notss tothe Flnancw Statsments 6 to 11 Detailed Stat•M￿t of Finaneial ktiviti 12 sroME CROSS INDEPENDENT PRE4CHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDEO 31 AUGUST 2021 The Injslees present Ihek rewt ￿1th the f￿ancIal ststsments of th9 tharlty for the onded 31 Augusl 2021. The tr1￿10&S have adopted the prov15KJn5 of Accounknng atbj RepDrt#io by c￿rItI Statement of RecommerNJed Praclice appJKa)Ip to charttses preparing their accounls in acaydance ￿1h Ihe Financt* ReF*Nting Stsn08rd aWicat4e in Ihe UK and Rewbllc of Ireland IFRS 102) lett￿tive 1 January 20191. STRUCTURE. GOVERNANCE AND IAANAGEMEIIT Governlng do¢um•nt The dwity is wthlled by its ￿rning document. a deed of trust and constitutes an unirthrporated charty. REFEREMCE ANO ADMINISTRATIVE DEfAILS R•gigt•r•d Charfty n￿ltser 1030338 prtn¢lpal addr morlal HaH tAttons Roa(J Pevensey East Sussex BN24 5Er Trust••s Mrs N Jer￿en (res1￿ 23.6.21) Mrs Z PhAipson Iresignad 23.621 G Netherox L GTaham K Meph N Va19ntin8 I￿61gned 30.9.201 S Pstt (resigftad 30.9.201 E H3rmer K Mcauimartr {appointgd 23.8.211 A Beard (appointed 2&6.21) l EthYafds18pwnled 23.6.211 Ind•p•ndent Examin•r watso￿ Associaies Watson A%srtt8tes 30. 34 N(¥th Strn•t Hautham East Sussex BN27 1 Dl*V TRUSTEES. RESPOIIS81Lrff sfATEIAENT The trusiees are responsGble for pyeparing the Rewjrt ol the Trustees aFKt Ihe fmand81 statements ace£xdance w7th applThble law an¢J Unlted Kingoom A￿UntIr￿j StandBrd$ (Uiwted Kingdom Genwalty poed know¢kn"ng Practice) indtsdlng Financial Report¢ng SiaThJ?rd 102 Tho Financial RoPJt.￿ Stsndord in thè UK ReFMth oflreland. Th• appkabte to chanties in EroJl*)d ènd Wales, the Charili¢$ Act 2011. Charity (Accounts and R￿p￿ts) Re¢Juktions 2008 and the provislons of the InJ$t requires intsloes lo pvepare financial slalements fc oach fina￿￿ yew wlich glve a tru? and faw wiew ol the stat• of affaw5 of ctTrarity and of thè Ir*oming resources snd application of ￿sUJICes, Inch￿ing the Incrx))8 and expen(atiJr8, of the ch¥tyfr)r that perio(l. In - selèct Suitable accountkng ￿?￿cleS and typty them ¢onslstenltr, obseNe the M￿h(Al$ Charity SORP, makeludgements and &sUmales that are reasonable afxl pr￿ntr, prepare the f￿an￿al ststsments on Iht wn9 concern basls unless tt is inapproprlat8 io prpsume that chwity VAI conbnua tn business. Page 1 STONE CROSS WDEPENDEMT PRE4CHOOL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021 TRUSTEES. RESPONSIBILrrY STATEMEiif-¢•ntlnu•d The tNslees are responsible foi ke¢ping proper accounling reQ￿dS whith (Is(10￿ ￿1th reasonable accuracy at any lime financsal ¥x*ition ol Ihe charity and lo ena￿￿ Ihem lo ensure that the finawal statements comF4y with Ihe Charities Act 2011. ts Charity (A¢eounts and Repjrts) Regulations 2(118 and the prow5Ions of the trust thed. They are 8194) responsible for safeguarding IhB assets of the thaxity and lakiThJ re880nable stops for Ihg prevenlim and of fraud and oth8r irr8gulariti88. The tnJstses are re$w￿ble for the malntenance ar¥1 intgmi d tr* charity aThJ ftnanoal informatir)n I￿l￿ded on Ihg tharws wgbsts. Legislatyon in the Unlt8d Kfftgdcm govoming the preparatton and dissemiMtiM of Iviancid Stalem￿lS moydiffw from *lslallon in otherjurisdlcknns. Approved by order olfhe toaid oftruste•s on . and s•Jned on ts bebavby: dKQ£LTr Trustee P4¢2 INDEPENDENT EXMIINER'S REPORT TO THE TRusfEES OF STOME CRO88 INDEPEIIDEMT PRE4cHI￿L Ind•p•nd•nt gxamin•fs re￿ to the trustees of Stone Crogs Indo￿ndant Prn4chool I roport to Ihe charfty trv8tees ￿ my examin8tiC*n ol the accwnts of stor￿ Cross Independent Pr&School {thè Tru811 the year ended 31 August 2021. Raspgnslbilbm ba$1& of ryrt As the Charfty InBtee$ of the Tnjsl you a￿ reSt￿n￿blE for tha wepar#lK)n of Ihe aCC￿niS in acc(Kdanc4 with the requiremènts of th& Charth8 Act 2011 ('th8 Act'l. l Teport in of my examination of tha Tnjsl's 8C¢OUt*s carfied out undw sgct#)n 145 of the Ad al￿ in c8rTring out my examinalion I have fofimd al Dirgctions gN8n ty the C￿rity Commissl)n under ion 145(5Xb} of the Act. In(*pendent exanlnèrfs stthmènl I have comp￿ted my exarnit￿. I wnfim that no matorial mallws hBv8 come kn my altention in Ca)nn￿lIon wilh the gx*nlnation y￿Ing me causg to thal in any matgrial rgspgcL' accotsnlirg recNth Th)t kepl in re8r*ct olthe Trust 88 requlred by sedon 130 of the Act.. or nts do not acwd vrith thos& records" or acrnun15 do not comwy wilh Ihe applrcabje req￿rements torKomwwJ Ihe forrn aTrJ conlenl of a¢o)unt8 8el out in the Ch￿ltieS (Accounts and Repcfftsl Regulat￿n$ 2008 other any requirement that thè ¥¢rA)unts gtve a tfU8 and fair vkw which is not a matter considered as p* of an in¢ependert examlnatlon. I have c(K￿eMS and have come aryoss cAh8r matters in coAn8¢tion *ilh Ihe gxgmination to wli attenlion Sh￿k1 be dra￿￿ in thig reFiff¢ in order lo enable a Fy ur¥JeTStandNu of the a￿o￿nts to b& COCK Watsorra Asxtkt8$ Watson AS¥￿aleS 30- 34 North Stregl Hailsham East Sussex 8N27 1DW - 4_l.L.l.Li Pago 3 STONE CROSS INDEPENDENT PRE4CHOOL STATEMENT OF FWW4CWL ACTNMES FOR THE YEAR Et4DED 31 AUGUST 2021 2021 Unrestricted fund 2020 Total funds INCQME AND ENDOWIJENTS FROM l)on8ti¢)ns and leggc¥es 154.174 153,784 Oitter trad¥ng aCt(￿lIeS Inv8stmont HKoma 1.074 745 78 155,253 154,607 EXPENDrruRE OM Raising funds 192671 Charknblo activities Charit8bl8 Ac￿￿tleS sc 9,278 147.778 154.478 Oth 16.349 16.416 164.138 171.284 NET INCOMEI(EXPENDITURE) 18,885) {16.677> RECOI4CILIATK)N OF FUNDS Total funds brougm forwatd 78,LK)5 94.682 TOTAL FUNDS CARRIED FORWARD 69.120 78.fX)5 Tho notys i(*m part ofth888 financi81 ststemtnts Page 4 sroNE CROSS INDEPENDENT PRE4CHOOL BALAMCE SHEET 31 AUGUST 2021 21 unre￿¢ted fund 2020 Total funds Not8$ FIXED ASSETS TaTrJibtt assots 978 CURRENT ASSETS Stocks Debtors C8%h al bank 563 1,956 68.392 825 2.202 75.727 10 70,911 78,7S4 CREDITORS Amwnts lallng due lye yegr 11 12,769) 11,8441 NEf CURREtrif ASSETS 68.142 76.910 TOTAL ASSETS LESS CURRE14T LIP3ILrriES 69.120 78.￿5 NEf ASSErs 69.120 76.c￿5 FUNDS UrThStr￿￿ fund8 12 69.120 78.005 TOTAL FUNDS 69.120 78.005 The fina ial statement$ werB approwgd Bo¥d of Trustees grxt a(rthorised lor issue on d wèr• s￿ned on its b8half ty. Truske Thp note6 frym pert ofthese finMI statements Pth3e 5 sroME CROSS INDEPENDeNT PRE4CHOOL NOTES TO THE FI4ANCIAL STATEMENTS FOR THE YEAR ENOEO 31 AUGUST 2021 £COUNTING POLICIES of prèparfng Ihe ffin•ncial stst•ments Tho financial ststement5 of the chaftty, tthich is 8 PL￿￿¢ ben8fft entity undgr FRS 102. have b8en prepared in at￿rdance Imth tho ch￿￿85 SORP (FRS 1021 Ac¢¢)unting Reporting by Charties.. Stslement of RecoTnM￿￿ed Practice ap￿￿oble to eharities preparing thoir acc￿nts in 8¢¢¢yd8n the nn8nty81 Reporting Standard wllcable in thè UK 3nrt Rewbllc of Irelwd IFRS 102) (effective l JaNary 20191.. Fwiancial Re&￿'na standa￿ 102 Tre Fin￿ClaI Reporting St8ndard applicab￿ in Ihg UK and ReFJub4ic of Irekn(T and Ihe Charities Act 2011. The fin#rtkn31 statements have been prepared the htstori¢al ¢osl convantion. lTreom• Al Ir￿Me is re(y)gnisod In the Statemenl of Fin8rxial AdNitres once th? tharity has entit￿Ment to th? Jnds, rt 18 probablB that the income vill be received and aM￿j￿t ￿ be meagurwj r81ably. Ex￿n￿ltur• Liabilltie3 are Tecognised as eXpendItsJ￿ a$ soty) 8s there is a le￿ or C￿Struct￿e Ot￿igati. cornmiUirwJ thg chawity lo that expendtiurp, It Is PFobable thal a transfer of ￿onoMiC beneffts %?11 be requ.ffed in setllement and the amount of the oblHJation can be measured reli*)ly. Expenditure is ccrtJnled IOT on an a￿ruats basis has teen dassrfied under head1r￿ that aggregate all cost r818ted to eategory. Where t￿ts Cannot bè directly attributed lo partKular headings Ihey have beer• alk￿at￿ to ￿bVI￿eS on o basis cons6ient wlth ts use of reswrces. T*￿[bIt fix•d asgats Depredat1￿ L8 provided al the folkjwng annual rates in ID write off each asset over ils estbm8ted yseful lifg. Fixttffes and frttings . 25% reduthng balanc* SAocks are ¥alL￿d al of cosl and nat r￿l$atr￿e v8k*, aftw m￿fig due allryrtance obsolete and slrwl mo¥in9 T•xaii¢n The c*arity is exempt from tsx its charitat48 Fund ac¢ountthg UmiTiCted lund5 can be u88d in 8cccKdance *ilh the chartiablè cknjecli¥es al th# discfeliDn of thg trustea$. Restr4Cted fund$ c8n used for pa￿.¢￿TraT reslrthd purFK>Ses 4%lthln Ihe objects of thg ch•rtty. Restrrti"c￿s ariBe vknen $pe¢rf￿d ty Ihg dcfflor or when funds 8r8 ratsed for parttcular iestrided Fwther expknaltJn ol the natUTe and wrpose of each fvnd Is ￿clUde{l In ihe notes to the flnanti81 Hlre purchage and leaslfig commitm•nts Rentsls pald unLlor oF4rating le8ses are ¢harged to statoM￿t of Activibes on a str8itht Ilne basis overthe penod ol Ihe18asg. The tharty operates a defined contsibutK)n pension scheme. Contributions pwyabfe to th8 tharity8 peroion scheme are charged to the Ststemènt of Financ￿ Activ5bes in the pwK)d to ¥thich thay fvl&te. Page 8 sroNE CROSS W4DEPENDEMT PRE4CHOOL NOTES TO THE FINANCIAL STATEMENT5- contlnued FOR THE YEAR ENDED 31 AUGUST 20Z1 OTHER TRADING ACTivmE8 2020 FurKIT86ing events 1.074 745 114VESTMENT INCOME 2021 2020 Oeptssit acco￿1 Irlterest RAISING FUNDS R•ising donations and l•ga¢i 2021 2020 SJpport cyjsts 39) ¥•8tmwtt management costs 2021 2020 Govemmert Grwrts {9,267) Aggregats amw)tÉ 19.267) TRUSTEES. REMUNERATION AND BENeFITS Thefft were no 1ruste￿ remunera11￿ ￿ other benelS1s for ihe year ended 31 August 2021 nor for the year ended 31 AUg[￿t 2020. Trust•es' exp•ns•S There were no tru5teO5' 8YP8n$8S P0kY for the year endod 31 Aw$1 2021 nor for Ihg yw end 31 A￿uSt 2020. STAFF COSTS The average monlhly numberof empws thring the ye8rw88 as fdb)Yrfs: 2021 13 2020 13 Total emploJB85 No empby8•8 r8C8Iv8d arr￿lumsnts tn gXCO8s of£60,000. Page 7 continued... STONE CROSS WDEPENDENT PR￿￿￿CK)L IIOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 AUGUST 2021 COPIPARATNES FOR THE STATEMENT OF FIN*J4CIAL ACTMTIES Unrestricted lund IIICOAIE AND ENDOWMEMTS FROM Dcffjations and 153.784 Other tradlng actmti In￿tment income 745 78 154,607 EXPEND￿uRE ON R8isti)g funds 390 ChaThabh Charitable Ac￿¥l[leS 154.478 Other 16.416 771.284 NEf INCOMEIIEXPENDITUREI (16.6771 RECONCUATION OF FUNDS T•)W funds brought foNiard 94.682 TOTAL FUNDS C•WtIED FORW*JiD 78.005 TANGBLE FIXEO ASSETS FSxtures and fittings COST At 1 Septernber 2020 Addit[L￿s 4,299 209 At 31 Awust 2021 DEPRECIATION At 1 S#plember 2020 Charge year 3.204 326 Ai 31 Augu$t 2021 NET BOOK VALUE Al 31 August 2021 978 Al 31 Auwst 2020 1.095 Pagg 8 continu&l... STONE CROSS WDEPENDENT PRE4CHOOL M(IfES TO THE FINAMCIAL STATEMEMTS. ￿ntInUed FOR THE YEAR ENDED 31 AUGUST 2021 STOCKS Stocks 10. DEBTORS.. AMOUNTS FALUNG DUE WITTrIW ONE YEAR 2020 Trade debtors Other debtcys P￿Pa￿TneTr{3 IA81 705 425 1,956 2.202 11. CREDrroRS: AMOUNTS FALLWG DUE wfTHW OME YEAR 2020 Trtde treditors T8xation and sLKlal S8CLwIty Olher crediiors 1,160 1,207 402 1.245 2,769 11 MOVEMENT IN FUNDS Net mvèm8nt At 1.920 31.8.21 Unt•gtrlcted funds General fund 78.C(15 18,8851 69,120 TOTAL FUNDS 78.005 18,B851 69,120 Net movement h bJThts. Indudvj in the 8trove are as follows: comiNJ Res(MJrces Movemenl resources oxperthl 41 funds UThre$trfct•d fvnds General fund 155.253 {164,138) 18,8851 TOT￿ FUNDS 155.253 1164.1381 18.8851 Page 9 (x)nlinued... STONE CROSS INDEPENDENT PRE-SCktOOL N01ES TO THE FDIAHCIPL STATEMENTS. contlnued FOR THE YEAR ENOED 31 AUGUST 2021 12. MOVEMEMT IN FUNDS- ¢on￿￿￿#d Comparntiv•s lor MOV•￿ in lunds Net movèm￿1 In funds Al 31.820 At 1.9.19 Unrnstricted fund• Ger*ral fimd 94.682 116.6771 78,005 TOTAL FUNDS 94.682 116.677} 78.(N)5 cOm￿ra￿Ve net mo¥8menÈ in fund& in Iho ab￿ aro as folkjws: Ine￿Ing resoufces ResoU￿e$ ￿0￿Ment expended in funds Unr•8trfct•d funds General Iijnd 154.607 1171,2841 116,6771 TOTAL FUNDS 154,607 11712841 116.6771 A c4Jrr8nl 12 months and pri￿ yoar 12 monts combined poFilion 18 as f￿0W$. Net At 31.8.21 A11.9.19 lunds UnrnstAct•d fund* General f￿￿ 94.682 (25.5621 69.120 TOTAL FUNI)S 94.682 (25.562) 69,120 A currpA sear 12 mcmlhs and yew 12 m(￿t￿S crynknned net nY)vwnenl ￿ funds. include RECOI4CILIATK)N OF FUNDS Total funds brougm forwatd 78,LK)5 94.682 TOTAL FUNDS CARRIED FORWARD 69.120 78.fX)5 Tho notys i(*m part ofth888 financi81 ststemtnts Page 4 sroNE CROSS INDEPENDENT PRE4CHOOL BALAMCE SHEET 31 AUGUST 2021 21 unre￿¢ted fund 2020 Total funds Not8$ FIXED ASSETS TaTrJibtt assots 978 CURRENT ASSETS Stocks Debtors C8%h al bank 563 1,956 68.392 825 2.202 75.727 10 70,911 78,7S4 CREDITORS Amwnts lallng due lye yegr 11 12,769) 11,8441 NEf CURREtrif ASSETS 68.142 76.910 TOTAL ASSETS LESS CURRE14T LIP3ILrriES 69.120 78.￿5 NEf ASSErs 69.120 76.c￿5 FUNDS UrThStr￿￿ fund8 12 69.120 78.005 TOTAL FUNDS 69.120 78.005 The fina ial statement$ werB approwgd Bo¥d of Trustees grxt a(rthorised lor issue on d wèr• s￿ned on its b8half ty. Truske Thp note6 frym pert ofthese finMI statements Pth3e 5 sroME CROSS INDEPENDeNT PRE4CHOOL NOTES TO THE FI4ANCIAL STATEMENTS FOR THE YEAR ENOEO 31 AUGUST 2021 £COUNTING POLICIES of prèparfng Ihe ffin•ncial stst•ments Tho financial ststement5 of the chaftty, tthich is 8 PL￿￿¢ ben8fft entity undgr FRS 102. have b8en prepared in at￿rdance Imth tho ch￿￿85 SORP (FRS 1021 Ac¢¢)unting Reporting by Charties.. Stslement of RecoTnM￿￿ed Practice ap￿￿oble to eharities preparing thoir acc￿nts in 8¢¢¢yd8n the nn8nty81 Reporting Standard wllcable in thè UK 3nrt Rewbllc of Irelwd IFRS 102) (effective l JaNary 20191.. Fwiancial Re&￿'na standa￿ 102 Tre Fin￿ClaI Reporting St8ndard applicab￿ in Ihg UK and ReFJub4ic of Irekn(T and Ihe Charities Act 2011. The fin#rtkn31 statements have been prepared the htstori¢al ¢osl convantion. lTreom• Al Ir￿Me is re(y)gnisod In the Statemenl of Fin8rxial AdNitres once th? tharity has entit￿Ment to th? Jnds, rt 18 probablB that the income vill be received and aM￿j￿t ￿ be meagurwj r81ably. Ex￿n￿ltur• Liabilltie3 are Tecognised as eXpendItsJ￿ a$ soty) 8s there is a le￿ or C￿Struct￿e Ot￿igati. cornmiUirwJ thg chawity lo that expendtiurp, It Is PFobable thal a transfer of ￿onoMiC beneffts %?11 be requ.ffed in setllement and the amount of the oblHJation can be measured reli*)ly. Expenditure is ccrtJnled IOT on an a￿ruats basis has teen dassrfied under head1r￿ that aggregate all cost r818ted to eategory. Where t￿ts Cannot bè directly attributed lo partKular headings Ihey have beer• alk￿at￿ to ￿bVI￿eS on o basis cons6ient wlth ts use of reswrces. T*￿[bIt fix•d asgats Depredat1￿ L8 provided al the folkjwng annual rates in ID write off each asset over ils estbm8ted yseful lifg. Fixttffes and frttings . 25% reduthng balanc* SAocks are ¥alL￿d al of cosl and nat r￿l$atr￿e v8k*, aftw m￿fig due allryrtance obsolete and slrwl mo¥in9 T•xaii¢n The c*arity is exempt from tsx its charitat48 Fund ac¢ountthg UmiTiCted lund5 can be u88d in 8cccKdance *ilh the chartiablè cknjecli¥es al th# discfeliDn of thg trustea$. Restr4Cted fund$ c8n used for pa￿.¢￿TraT reslrthd purFK>Ses 4%lthln Ihe objects of thg ch•rtty. Restrrti"c￿s ariBe vknen $pe¢rf￿d ty Ihg dcfflor or when funds 8r8 ratsed for parttcular iestrided Fwther expknaltJn ol the natUTe and wrpose of each fvnd Is ￿clUde{l In ihe notes to the flnanti81 Hlre purchage and leaslfig commitm•nts Rentsls pald unLlor oF4rating le8ses are ¢harged to statoM￿t of Activibes on a str8itht Ilne basis overthe penod ol Ihe18asg. The tharty operates a defined contsibutK)n pension scheme. Contributions pwyabfe to th8 tharity8 peroion scheme are charged to the Ststemènt of Financ￿ Activ5bes in the pwK)d to ¥thich thay fvl&te. Page 8 sroNE CROSS W4DEPENDEMT PRE4CHOOL NOTES TO THE FINANCIAL STATEMENT5- contlnued FOR THE YEAR ENDED 31 AUGUST 20Z1 OTHER TRADING ACTivmE8 2020 FurKIT86ing events 1.074 745 114VESTMENT INCOME 2021 2020 Oeptssit acco￿1 Irlterest RAISING FUNDS R•ising donations and l•ga¢i 2021 2020 SJpport cyjsts 39) ¥•8tmwtt management costs 2021 2020 Govemmert Grwrts {9,267) Aggregats amw)tÉ 19.267) TRUSTEES. REMUNERATION AND BENeFITS Thefft were no 1ruste￿ remunera11￿ ￿ other benelS1s for ihe year ended 31 August 2021 nor for the year ended 31 AUg[￿t 2020. Trust•es' exp•ns•S There were no tru5teO5' 8YP8n$8S P0kY for the year endod 31 Aw$1 2021 nor for Ihg yw end 31 A￿uSt 2020. STAFF COSTS The average monlhly numberof empws thring the ye8rw88 as fdb)Yrfs: 2021 13 2020 13 Total emploJB85 No empby8•8 r8C8Iv8d arr￿lumsnts tn gXCO8s of£60,000. Page 7 continued... STONE CROSS WDEPENDENT PR￿￿￿CK)L IIOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 AUGUST 2021 COPIPARATNES FOR THE STATEMENT OF FIN*J4CIAL ACTMTIES Unrestricted lund IIICOAIE AND ENDOWMEMTS FROM Dcffjations and 153.784 Other tradlng actmti In￿tment income 745 78 154,607 EXPEND￿uRE ON R8isti)g funds 390 ChaThabh Charitable Ac￿¥l[leS 154.478 Other 16.416 771.284 NEf INCOMEIIEXPENDITUREI (16.6771 RECONCUATION OF FUNDS T•)W funds brought foNiard 94.682 TOTAL FUNDS C•WtIED FORW*JiD 78.005 TANGBLE FIXEO ASSETS FSxtures and fittings COST At 1 Septernber 2020 Addit[L￿s 4,299 209 At 31 Awust 2021 DEPRECIATION At 1 S#plember 2020 Charge year 3.204 326 Ai 31 Augu$t 2021 NET BOOK VALUE Al 31 August 2021 978 Al 31 Auwst 2020 1.095 Pagg 8 continu&l... STONE CROSS WDEPENDENT PRE4CHOOL M(IfES TO THE FINAMCIAL STATEMEMTS. ￿ntInUed FOR THE YEAR ENDED 31 AUGUST 2021 STOCKS Stocks 10. DEBTORS.. AMOUNTS FALUNG DUE WITTrIW ONE YEAR 2020 Trade debtors Other debtcys P￿Pa￿TneTr{3 IA81 705 425 1,956 2.202 11. CREDrroRS: AMOUNTS FALLWG DUE wfTHW OME YEAR 2020 Trtde treditors T8xation and sLKlal S8CLwIty Olher crediiors 1,160 1,207 402 1.245 2,769 11 MOVEMENT IN FUNDS Net mvèm8nt At 1.920 31.8.21 Unt•gtrlcted funds General fund 78.C(15 18,8851 69,120 TOTAL FUNDS 78.005 18,B851 69,120 Net movement h bJThts. Indudvj in the 8trove are as follows: comiNJ Res(MJrces Movemenl resources oxperthl 41 funds UThre$trfct•d fvnds General fund 155.253 {164,138) 18,8851 TOT￿ FUNDS 155.253 1164.1381 18.8851 Page 9 (x)nlinued... STONE CROSS INDEPENDENT PRE-SCktOOL N01ES TO THE FDIAHCIPL STATEMENTS. contlnued FOR THE YEAR ENOED 31 AUGUST 2021 12. MOVEMEMT IN FUNDS- ¢on￿￿￿#d Comparntiv•s lor MOV•￿ in lunds Net movèm￿1 In funds Al 31.820 At 1.9.19 Unrnstricted fund• Ger*ral fimd 94.682 116.6771 78,005 TOTAL FUNDS 94.682 116.677} 78.(N)5 cOm￿ra￿Ve net mo¥8menÈ in fund& in Iho ab￿ aro as folkjws: Ine￿Ing resoufces ResoU￿e$ ￿0￿Ment expended in funds Unr•8trfct•d funds General Iijnd 154.607 1171,2841 116,6771 TOTAL FUNDS 154,607 11712841 116.6771 A c4Jrr8nl 12 months and pri￿ yoar 12 monts combined poFilion 18 as f￿0W$. Net At 31.8.21 A11.9.19 lunds UnrnstAct•d fund* General f￿￿ 94.682 (25.5621 69.120 TOTAL FUNI)S 94.682 (25.562) 69,120 A currpA sear 12 mcmlhs and yew 12 m(￿t￿S crynknned net nY)vwnenl ￿ funds. include