``` REGISTERED CHARITY NUMBER: 1031071 ``` ``` Report of the Trustees and ``` ``` Unaudited Financial Statements ``` ``` for the Year Ended 31 August 2020 ``` ``` for ``` ``` Jigsaw Pre School ``` ``` Jigsaw Pre School ``` ## **`Contents of the Financial Statements for the Year Ended 31 August 2020`** ||**`Page`**| |---|---| |**`Chairperson Report`**|`1`| |**`Report of the Trustees`**|`2 to 5`| |**`Independent Examiner's Report`**|`6`| |**`Statement of Financial Activities`**|`7`| |**`Balance Sheet`**|`8`| |**`Notes to the Financial Statements`**|`9 to 15`| |**`Detailed Statement of Financial Activities`**|`16 to 17`| ``` Jigsaw Pre School ``` ## **`Chairperson Report for the Year Ended 31 August 2020`** ``` This year has had its challenges with the Coronavirus pandemic. ``` ``` Jigsaw closed on March 20th for the national lockdown. ``` ``` Many changes had to be made in the settings before they could be reopened. ``` ``` Staffworkedextremelyhardtomakesurethesettingswerecovidsafe,includingundertakingthoroughfrequent risk assessments. ``` ``` Both settings operated at reduced capacity and child numbers increased each month. ``` ``` Jigsaw had to access the government furlough scheme to ensure staff retained their jobs throughout the period. ``` ``` HoweverthroughoutthepandemicJigsawhasbeenabletoobtainGrantsandcurrentlyJigsawisinagood position financially to weather the storm into 2020-2021. ``` ``` Page 1 ``` ``` Jigsaw Pre School ``` ## **`Report of the Trustees`** ## **`for the Year Ended 31 August 2020`** ``` The trusteespresenttheirreportwiththefinancialstatementsof thecharityfor theyearended31 August2020. The trusteeshaveadoptedtheprovisionsof AccountingandReportingbyCharities:Statementof Recommended Practice applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicablein the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and public benefit statement`** ``` The charity'sprincipalaimsareto enhancetheeducationanddevelopmentof childrenunderstatutoryschoolage by encouragingparentstounderstandandprovidefortheneedsoftheirchildrenthroughcommunitygroupsand by offering appropriate play, education and care facilities, family learning and extended hours groups. ``` ``` The trusteesconfirmthattheyhavereferredto the guidancecontainedin the CharityCommission'sgeneral guidance on public benefit when reviewing the charity's aims and objectives. ``` ``` Therightofparentstotakeresponsibilityforandbecomeinvolvedintheseactivitiesareacknowledged and encouragedandthegroupofferstheseopportunitiestoallchildreninthelocalareawhatevertheirrace, culture, religion, means or ability. ``` ## **`ACHIEVEMENT AND PERFORMANCE Charitable activities Executive Managers Report 2020`** ## **`Jigsaw Pre School (Sproughton)`** ``` This year started as normal, however on 20th March we had to close as the country went into lockdown because of the coronaviruspandemic.We reopened on 4th June after a lot of changes had to made (includingchangingopening times to fit with the school/reducedhoursand reducednumbersof childrenattending)on a Thursdayand a Fridaywith our executivemanagerandexecutivedeputyworking.InJulyweopenedupmoreplacesandanothermemberof staff workedaswell.Jigsawaccessedthegovernmentfurloughschemeallowingotherstafftoretaintheirjobs.This was accessed for one term. ``` ``` OursettingatNeedhamMarketalsoreopenedatthesamedateforasmallnumberofchildrenagainstaffedby the manager and deputy manager. ``` ``` Thecoronavirusbroughtmanychallenges,notallowingvisitorsintothesetting,removingsoftfurnishings, restricting whenthechildrenbroughtwiththem.Staffworefacevisorsthroughoutsessionstoprotectthemselvesand the children. Children brought in their own snacks and drinks. ``` ``` Due to not providing snacks/cooking activities etc had an impact on chargeable fees. ``` ``` Fullanddetailedriskassessmentswerecarriedoutatbothsitesandregularlyreviewedwhenopeningupafter each lockdown– parents were kept informed of changes throughout.Due to the Covid pandemicJigsaw was not able to run any outings or off site activities ``` - `Jigsaw offered home learning activities via tapestry and both settings closed facebook groups on a weekly basis for all children, tailored to their ages (from 18months to school age) and stages of development. Many families took part.` - `On tues 25th June we had Sports morning but no parents/carers were allowed to attend due to social distancing.` - `We had a summer end of term party in the setting, and a graduation ceremony for the leavers on the Sproughton Millennium Green. (due to social distancing )Needham Market also held a short graduation ceremony on the last day of term` ``` Thanks to our chairpersonfor all his hard work and to the rest of the committee for their support throughoutthe year, and a huge thanks to all the staff for their hard work and dedication in both settings throughout this year. ``` ``` Page 2 ``` ``` Jigsaw Pre School ``` ## **`Report of the Trustees for the Year Ended 31 August 2020`** ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` The Statement of Financial Activities for the year is set out on page 6 of the financial statements. ``` ``` There was a net surplus for the year of £26,864 2019 (deficit £(6,439)). ``` ``` Total funds now stand at £22,341 (2019 £(4,523)). ``` ## **`Investment policy and objectives`** ``` The Charity'sconstitutiondoes not conveyinvestmentpowers;all surplusfundsare held in one or more bank deposit accounts. ``` ## **`Reserves policy`** ``` The charityhasno formalreservespolicyas it receivesmostof itsfundingfromEarlyYearsgrantfundingand session fees,howevertocoveranytemporaryshortfallincashflowthatmayoccurduetotimingofreceipts,a moderate balanceis retainedon bankdeposit.Unrestrictednet currentsurplusat the balancesheetdateamountedto £22,341 (2019 deficit £(4,523)). ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ``` ``` The charityis registeredwith the CharityCommission(no. 1031071)and until 14th November 2016 was governed by a constitutionadopted9th October1985as amendedon 20thDecember1993.At the AnnualGeneralMeetingon 14th November2016themembersratifiedtheadoptionofanewconstitutionbasedonthe2008model constitution produced by the Pre-School Learning Alliance. The group is a member of the Pre-School Learning Alliance. ``` ``` TheoverallmanagementandcontrolofthePre-schoolrestswiththeindividualmembersofthe Pre-school's management committee. Committee members are also the charity trustees of the Pre-school. ``` ``` The Committee meets a minimum of twice a year and requires the presence of at least half of its members including at least two officersto form a quorum.All businessis decidedby a simple majority,each committeemember having one vote. In the event of a tie, the Chair has the casting vote. ``` ## **`Recruitment and appointment of new trustees`** ``` TheCommittee(trustees)iselectedfromthecharity'smembershipateachAnnualGeneralMeetingandservesfor a term of one year. Committee members may be re-elected for up to maximum of ten years. The Committee comprises a minimumof5andamaximumof12membersandmustincludetheofficesofChair,TreasurerandSecretary. In additiontheCommitteemayco-optupto3furthermemberswhostanduntilthenextAGM.Nomemberispaid for their work as Committee member/trustee of the Charity. ``` ``` There are currently 9 Committee members (trustees). ``` ## **`Voluntary staff`** ``` Thecharitybenefitsfromtheservicesprovidedbyvolunteers.Voluntaryhelpisnotvaluedforthepurposesof the financial statements. ``` ## **`Risk management`** ``` Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandtoensure appropriate controls are in place to provide reasonable assurance against fraud and error. ``` ``` Thetrusteeshaveinplacepoliciesaddressingthemainoperationalriskareasincludinghealthandsafety and safeguardingandtheyaim to use best practicein theseareas.An appropriatelevel of insuranceis maintainedto help mitigate the main financial risks. ``` ``` Page 3 ``` ``` Jigsaw Pre School ``` ## **`Report of the Trustees for the Year Ended 31 August 2020`** ``` REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1031071 Principal address Church Lane Sproughton Ipswich Suffolk IP8 3BB Trustees M Poole Chairman Ms S Parker Mrs L Phililips Secretary Mrs R Laflin Ms L Cook Mrs L Largent Co-opted onto Committee Mrs C Boulton Co-opted onto Committee P Cramner Treasurer E Cook Independent Examiner J. Knights ACA, BSc Knights Lowe Chartered Accountants Eldo House Kempson Way Suffolk Business Park Bury St Edmunds Suffolk IP32 7AR ``` ## **`STATEMENT OF TRUSTEES' RESPONSIBILITIES`** ``` ThetrusteesareresponsibleforpreparingtheAnnualReportandthefinancialstatementsinaccordance with applicablelawandUnitedKingdomAccountingStandards(UnitedKingdomGenerallyAcceptedAccounting Practice) includingFinancialReportingStandard102"TheFinancialReportingStandardapplicableintheUKandRepublic of Ireland" ``` ``` ThelawapplicabletocharitiesinEnglandandWales,theCharitiesAct2011,Charity(Accountsand Reports) Regulations2008andtheprovisionsofthetrustdeedrequiresthetrusteestopreparefinancialstatementsfor each financialyearwhichgiveatrueandfairviewofthestateofaffairsofthecharityandoftheincomingresources and applicationofresources,includingtheincomeandexpenditure,ofthecharityforthatperiod.Inpreparing those financial statements, the trustees are required to ``` - `select suitable accounting policies and then apply them consistently;` - `observe the methods and principles in the Charity SORP;` - `make judgements and estimates that are reasonable and prudent;` - `prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.` ``` Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyat any timethefinancialpositionof thecharityandtoenablethemtoensurethatthefinancialstatementscomplywith the CharitiesAct 2011, the Charity(Accountsand Reports)Regulations2008 and the provisionsof the trust deed. They are also responsible for safeguardingthe assets of the charity and hence for taking reasonablesteps for the prevention and detection of fraud and other irregularities. ``` ``` Page 4 ``` ``` Jigsaw Pre School ``` ## **`Report of the Trustees for the Year Ended 31 August 2020`** ``` Approved by order of the board of trustees on ............................................. and signed on its behalf by: ``` ``` ........................................................................ M Poole - Trustee ``` ``` Page 5 ``` ## **`Independent Examiner's Report to the Trustees of Jigsaw Pre School`** ## **`Independent examiner's report to the trustees of Jigsaw Pre School`** ``` I reportto the charitytrusteeson my examinationof the accountsof Jigsaw Pre School(theTrust)for the year ended 31 August 2020. ``` ## **`Responsibilities and basis of report`** ``` AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the requirements of the Charities Act 2011 ('the Act'). ``` ``` I reportinrespectof myexaminationof theTrust'saccountscarriedoutundersection145of theActandin carrying out my examinationI have followedall applicableDirectionsgiven by the CharityCommissionundersection 145(5)(b) of the Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnection 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.` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` J. Knights ACA, BSc Knights Lowe Chartered Accountants Eldo House Kempson Way Suffolk Business Park Bury St Edmunds Suffolk IP32 7AR ``` ``` Date: ............................................. ``` ``` Page 6 ``` ``` Jigsaw Pre School ``` ## **`Statement of Financial Activities`** ## **`for the Year Ended 31 August 2020`** |**`2020`**
**`Unrestricted`**
**`fund`**
`Notes`
**`£`**
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
**`3,177`**
**`Charitable activities`**
`3`
`Operation of pre-school`
**`138,555`**
**`Total`**
**`141,732`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`4`
`Operation of pre-school`
**`116,997`**
**`NET INCOME/(EXPENDITURE)`**
**`24,735`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`(4,523)`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`20,212`**|`2019`
`Total`
`funds`
`£`
`-`
`99,290`
`99,290`
`106,903`
`(7,613)`
`3,090`
`(4,523)`| |---|---| ``` The notes form part of these financial statements ``` ``` Page 7 ``` ``` Jigsaw Pre School ``` ## **`Balance Sheet`** ## **`31 August 2020`** |**`2020`**
**`Unrestricted`**
**`fund`**
`Notes`
**`£`**
**`FIXED ASSETS`**
`Tangible assets`
`9`
**`2,759`**
**`CURRENT ASSETS`**
`Debtors`
`10`
**`1,424`**
`Cash at bank`
**`50,694`**
**`52,118`**
**`CREDITORS`**
`Amounts falling due within one year`
`11`
**`(34,665)`**
**`NET CURRENT ASSETS/(LIABILITIES)`**
**`17,453`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`20,212`**
**`NET ASSETS/(LIABILITIES)`**
**`20,212`**
**`FUNDS`**
`12`
`Unrestricted funds`
**`20,212`**
**`TOTAL FUNDS`**
**`20,212`**|`2019`
`Total`
`funds`
`£`
`1,436`
`356`
`23,008`
`23,364`
`(29,323)`
`(5,959)`
`(4,523)`
`(4,523)`
`(4,523)`
`(4,523)`| |---|---| ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on ............................................. and were signed on its behalf by: ``` ``` ............................................. M Poole - Trustee ``` ``` ............................................. P Cramner - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 8 ``` ``` Jigsaw Pre School ``` ## **`Notes to the Financial Statements for the Year Ended 31 August 2020`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ``` ``` ThecharityhasappliedUpdateBulletin1aspublishedon2February2016anddoesnotincludeacash flow statement on the grounds that it is applying FRS 102 Section 1A. ``` ``` The financialstatementshave been prepared to give a 'true and fair' view and have departed from the Charities (AccountsandReports)Regulations2008onlytotheextentrequiredtoprovidea'trueandfair'view. This departurehasinvolvedfollowingtheAccountingandReportingbyCharities:Statementof Recommended PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard applicableintheUKandRepublicofIreland(FRS102)issuedon16July2014ratherthantheAccounting and ReportingbyCharities:Statementof RecommendedPracticeeffectivefrom1 April2005whichhassince been withdrawn. ``` ``` The financial statements are presented in sterling which is the functional currency of the charity. ``` ``` The accounts are rounded to the nearest pound. ``` ``` Thesignificantaccountingpoliciesappliedinthepreparationofthesefinancialstatementsaresetout below. These policies have been consistently applied to all years presented unless otherwise stated. ``` ## **`Going concern`** ``` The deficitpositionhas been causedby takingon the additionalsettingin 2016.When this decisionwas made theTrusteesunderstoodthatitwouldtakeatleast5yearsforthefundingandcoststosettledown. Having reviewed the cashflowforecaststhe Trusteesare of the opinionthat,despitethe deficitposition,no significant materialuncertaintiesexistregardingthecharity'sabilitytocontinueasagoingconcernforthe foreseeable future. ``` ## **`Financial reporting standard 102 - reduced disclosure exemptions`** ``` The charity has taken advantageof the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': ``` - `the requirements of Section 7 Statement of Cash Flows;` - `the requirement of paragraph 3.17(d);` - `the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c).` ## **`Income`** ``` All income is recognised in the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ``` Local authority funding grants are accounted for in the financial period to which the grants relate. ``` ``` continued... ``` ``` Page 9 ``` ``` Jigsaw Pre School ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 August 2020`** ## **`1. ACCOUNTING POLICIES - continued`** ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis andhasbeenclassifiedunderheadingsthataggregateallcostrelatedto thecategory.Wherecostscannot be directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationis providedat the followingannualratesin order to write off each assetover its estimated useful life. ``` ``` Fixtures and fittings- 4 years straight line Computer equipment- 3 years straight line ``` ## **`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. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` Designated funds are unrestricted funds which have been designated for specific purposes by the trustees. ``` ``` Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ``` ## **`Lease commitments`** ``` Rentalspaidunderoperatingleases are chargedto the Statementof FinancialActivitieson a straightline basis over the period of the lease. ``` ## **`Pension costs and other post-retirement benefits`** ``` Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothecharity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ``` ## **`Financial instruments`** ``` Financialassetsandfinancialliabilitiesarerecognisedwiththecharitybecomespartytothe contractual provisionsoftheinstrument.Allfinancialassetsandliabilitiesareinitiallymeasuredattransaction price (including transaction costs). ``` ``` The charityonlyhas financialassetsand financialliabilitiesof a kindthatqualifyas basicfinancial instruments. Basicfinancialinstrumentsareinitiallyrecognisedattransactionvalueandsubsequentlymeasuredat their settlement value. ``` ``` continued... ``` ``` Page 10 ``` ``` Jigsaw Pre School ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 August 2020`** |**`2.`**
**`DONATIONS AND LEGACIES`**
`Donations`
**`3.`**
**`INCOME FROM CHARITABLE ACTIVITIES`**
`Activity`
`Pre-school fees`
`Operation of pre-school`
`Grants`
`Operation of pre-school`
`Grants received, included in the above, are as follows:`
`Suffolk County Council`
`Coronavirus Job Retention Scheme`
`Creeting St Mary Pre-School`
**`4.`**
**`CHARITABLE ACTIVITIES COSTS`**
`Operation of pre-school`
**`5.`**
**`INDEPENDENT EXAMINER'S REMUNERATION`**
`Fees payable for the independent examination`
`Other fees payable to the independent examiner`|`Direct`
`Costs`
`£`
**`97,895`**||**`2020`**
**`£`**
**`3,177`**
**`2020`**
**`£`**
**`31,824`**
**`106,731`**
**`138,555`**
**`2020`**
**`£`**
**`99,336`**
**`7,395`**
**`-`**
**`106,731`**
`Support`
`costs`
`£`
**`19,102`**||`2019`
`£`
`-`
`2019`
`£`
`32,473`
`66,817`
`99,290`
`2019`
`£`
`65,456`
`-`
`1,361`
`66,817`
`Totals`
`£`
**`116,997`**| |---|---|---|---|---|---| ||||**`2020`**||`2019`| ||||**`£`**||`£`| ||||**`1,903`**||`1,908`| ||||**`2,129`**||`1,174`| ||||||| ||||**`4,032`**||`3,082`| ||||||| ||||||| ``` continued... ``` ``` Page 11 ``` ``` Jigsaw Pre School ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 August 2020`** ## **`6. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31August2020norforthe year ended 31 August 2019. ``` ## **`Trustees' expenses`** ``` No trustee received reimbursement for expenses incurred in their role as trustee and Committee member. ``` ## **`7. STAFF COSTS`** ``` The average monthly number of employees during the year was as follows: ``` ## **`8.`** |`Operation of the Pre-school`
`No employees received emoluments in excess of £60,000.`
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
**`INCOME AND ENDOWMENTS FROM`**
**`Charitable activities`**
`Operation of pre-school`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Operation of pre-school`
**`NET INCOME/(EXPENDITURE)`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**|**`2020`**
`2019`
**`12`**
`10`
`Unrestricted`
`fund`
`£`
`99,290`
`106,903`
`(7,613)`
`3,090`
`(4,523)`| |---|---| ``` continued... ``` ``` Page 12 ``` ``` Jigsaw Pre School ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 August 2020`** ## **`9. TANGIBLE FIXED ASSETS`** |`Fixtures`
`and`
`Computer`
`fittings`
`equipment`
`£`
`£`
**`COST`**
`At 1 September 2019`
**`2,555`**
**`1,379`**
`Additions`
**`2,613`**
**`-`**
`At 31 August 2020`
**`5,168`**
**`1,379`**
**`DEPRECIATION`**
`At 1 September 2019`
**`1,344`**
**`1,154`**
`Charge for year`
**`1,161`**
**`129`**
`At 31 August 2020`
**`2,505`**
**`1,283`**
**`NET BOOK VALUE`**
`At 31 August 2020`
**`2,663`**
**`96`**
`At 31 August 2019`
`1,211`
`225`
**`10.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
**`2020`**
**`£`**
`Trade debtors`
**`1,424`**
**`11.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
**`2020`**
**`£`**
`Trade creditors`
**`374`**
`Taxation and social security`
**`8,247`**
`Other creditors`
**`26,044`**
**`34,665`**|`Totals`
`£`
**`3,934`**
**`2,613`**
**`6,547`**
**`2,498`**
**`1,290`**
**`3,788`**
**`2,759`**
`1,436`
`2019`
`£`
`356`
`2019`
`£`
`2,881`
`4,862`
`21,580`|`Totals`
`£`
**`3,934`**
**`2,613`**| |---|---|---| |||**`6,547`**| |||**`2,498`**
**`1,290`**| |||**`3,788`**| |||**`2,759`**| |||`1,436`| |||`2019`
`£`
`356`| ||`29,323`|| ## **`Deferred income`** ``` Othercreditorsincludesincomereceivedforfutureperiodsandisdeferredwheretheconditionsattached to the income have not yet been met ``` ||`1 September`
`2019`|`Deferred`
`this year`|`Released this`
`year`|`31 August`
`2020`| |---|---|---|---|---| ||`£`|`£`|`£`|`£`| |`Local authority grants`|`15,909`|`21,138`|`(15,909)`|`21,138`| |||||| ``` continued... ``` ``` Page 13 ``` ``` Jigsaw Pre School ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 August 2020`** ## **`12. MOVEMENT IN FUNDS`** |`At 1.9.19`
`£`
**`Unrestricted funds`**
`General fund`
**`(4,523)`**
**`TOTAL FUNDS`**
**`(4,523)`**
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
**`141,732`**
**`TOTAL FUNDS`**
**`141,732`**
**`Comparatives for movement in funds`**
`At 1.9.18`
`£`
**`Unrestricted funds`**
`General fund`
`3,090`
**`TOTAL FUNDS`**
`3,090`
`Comparative net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`99,290`
**`TOTAL FUNDS`**
`99,290`|`Net`
`movement`
`At`
`in funds`
`31.8.20`
`£`
`£`
**`24,735`**
**`20,212`**
**`24,735`**
**`20,212`**
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
**`(116,997)`**
**`24,735`**
**`(116,997)`**
**`24,735`**
`Net`
`movement`
`At`
`in funds`
`31.8.19`
`£`
`£`
`(7,613)`
`(4,523)`
`(7,613)`
`(4,523)`
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(106,903)`
`(7,613)`
`(106,903)`
`(7,613)`| |---|---| ``` continued... ``` ``` Page 14 ``` ``` Jigsaw Pre School ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 August 2020`** ## **`12. MOVEMENT IN FUNDS - continued`** ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |||`Net`|| |---|---|---|---| |||`movement`|`At`| ||`At 1.9.18`|`in funds`|`31.8.20`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`3,090`|`17,122`|`20,212`| |**`TOTAL FUNDS`**|`3,090`|`17,122`|`20,212`| ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`241,022`
`241,022`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(223,900)`
`17,122`
`(223,900)`
`17,122`| |---|---|---| ## **`13. EMPLOYEE BENEFIT OBLIGATIONS`** ``` The charityoperatesa definedbenefitpensionscheme.Contributionspaid and recognisedin the Statement of FinancialActivitiestotalled£1,047(2019:£768).Therewasaliabilityof£320(2019:£267)outstandingat the year end. ``` ## **`14. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 August 2020. ``` ``` Page 15 ``` ``` Jigsaw Pre School ``` ## **`Detailed Statement of Financial Activities`** ## **`for the Year Ended 31 August 2020`** |**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
**`Charitable activities`**
`Pre-school fees`
`Grants`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Wages`
`Social security`
`Pensions`
`Hire of plant and machinery`
`Equipment`
`Children's entertaining`
`Catering and refreshments`
`School trips`
`Staff training and courses`
**`Support costs`**
**`Management`**
`Rent, rates and water`
`Insurance`
`Light and heat`
`Telephone`
`Postage and stationery`
`Advertising`
`Website & computer costs`
`Repairs and maintenance`
`Sundry expenses`
**`Finance`**
`Bank charges`
`Interest payable on overdue tax`|`2020`
`£`
**`3,177`**
**`31,824`**
**`106,731`**
**`138,555`**
**`141,732`**
**`89,374`**
**`348`**
**`1,048`**
**`1,664`**
**`1,754`**
**`-`**
**`3,053`**
**`400`**
**`254`**
**`97,895`**
**`4,936`**
**`1,531`**
**`326`**
**`1,976`**
**`1,073`**
**`180`**
**`276`**
**`1,432`**
**`1,298`**
**`13,028`**
**`211`**
**`63`**
**`274`**|`2019`
`£`
`-`
`32,473`
`66,817`| |---|---|---| |||`99,290`| |||`99,290`
`76,008`
`19`
`768`
`1,560`
`1,882`
`223`
`2,407`
`-`
`119`| |||`82,986`
`6,431`
`1,687`
`1,039`
`2,333`
`1,165`
`-`
`361`
`1,616`
`1,576`| |||`16,208`
`216`
`-`| |||`216`| ``` This page does not form part of the statutory financial statements ``` ``` Page 16 ``` ``` Jigsaw Pre School ``` |**`Finance`**
**`Other`**
`Fixtures and fittings`
`Computer equipment`
**`Governance costs`**
`Independent examination`
`Payroll and CJRS claims`
`Registration and licence fees`
`Legal and professional fees`
`Total resources expended`
**`Net income/(expenditure)`**|**`Detailed Statement of Financial Activities`**
**`for the Year Ended 31 August 2020`**|`2020`
`£`
**`1,161`**
**`129`**
**`1,290`**
**`1,903`**
**`2,129`**
**`410`**
**`68`**
**`4,510`**
**`116,997`**
**`24,735`**|`2019`
`£`
`486`
`211`
`697`
`1,908`
`1,174`
`395`
`3,319`
`6,796`
`106,903`
`(7,613)`| |---|---|---|---| ||||| ``` This page does not form part of the statutory financial statements ``` ``` Page 17 ```