Ch•rfty nurnb•r: 1032438 MOULTON PRESCHOOL UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021
MOULTON PRESCHOOL CONTENT8 R•f•rnnc• and Admlnl•tr•tlv• D•t•ll• of th• Ch•rlty. Its TfU•t••• and AdvlMr• Trust••s' R•port Ind•p•nd•nl Examln•fs R•port Stat•m•nt of Flnanclal A¢tlvltl•s Balanc• Sh• Notes to th• Flnanclal Stst•ments 8-18
MOULTON PRESCHOOL REFERENCE AND ADMINISTRATNE DETAILS OF THE CHARITY, IT8 TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MAY 2021 Trustw• Victma Drake. Chak Gemma Baratte, Treasuror Amy Newman. Secretary Ann Burch Lucy McLaughlin Maria Mather (resigned 28 January 20221 Emity WillrnS0n Charlty reglstered number 1032436 Prfnclpal offic• Moufton villa Hall Bridge Street Moulton Suffolk C88 8SP Nurs•ry Manager Amy Edge-Bovair (until 4 March 2022) Susan Wakes-miller {from 28 February 2022) Bank8rs Barclays Bank Pag• 1
MOULTON PRESCHOOL TRUSTEES. REPORT FOR THE YEAR ENOED 31 MAY 2021 The Trustees present their annual report logether wilh the financi81 $t8lements of the Charity. MltOn Pre School for the year ended 31 May 2021. The Trustees confim that the Annual Report and ffftancial Statements of the charity comply wth the current statutory requirements, the requirèments of the charws goveming document and the provisKJns of the Statement of Recommended Practice {SORPI, apPIable to charities preparing their accounts in accordance with Ihe Financial Reporting Standard apPlble in the UK and Republic of Ireland IFRS 1021 (second edition of the Charitie5 SORP October 2019, effective 1 January 2019). OBJECTIVES AND ACTIVITIES - To provide a child-friendty environment that is safe. s8re. Caring and slimulatiivj. - To enhance the development and educatKffi of children through play. To enclwrage chiklren to devek)p sell- confidence and seWsteem and to feel valued as an indNidual. -To promote chiklren's social. intellectual and physical devewient through play and strucbJred acli¥il. preparing them for a smooth transiknon from pre-school to schocA. -To regulady observe and pian for each child's progress. - To honour parent's trust that we will nurture their child and give them qualty care. - To woth within the gutdelines of the Earty Year5 Foundation Stsge. To follow the guidelines and requ1Ments of the registering bodies. To work as partners with parents1CarS and offer flexibilty that allows each individual's needs to be met. -To make parentslcarers feel wekome and provide an aknosphere where ¢hildren and adults feel happy and comfcrtable. Activities MouRon Pre-schocA provides an affCdable and accessible hJh qualty pre4chool for chiklren aged to fve in a safe and supportive environment. encouraging the devewment of each child so thal they may become secure and Confident outsKle their home envwonmenL lic Benefrt The trustees have considered the pU1C benefft provided by Moulton Preschool. having regard to Charty Commission's guidance on public benefft. ACHIEVMENTS AND PERFOFiIAANCE The Nursery is an indusive setting and wovKJes care for children wilh a range of abillties from a variety of backgrounds under the supervision of the SENCO. and Nursery Manag8T. Sessions are run Monday. Wednesday and Friday been 9.15am - 2.15pm. The pre-school has capacty for up to 24 thiktren pef sgssion. Averag8 attendence in 20121 was 20 children per sessrt)n. During the year under review the Charity continued tts prinupal acuvlty arKI wa$ able lo provth carn and educatson for children aged 2.&5 years from the vilge hall In Moulton. Moulton Prescool organised 8 nativty play vthlch was perfom)ed Ironl of parents. grandparents and carers of the preschcd children. Each hall temi focuses around a drfferent themes have ¥Kluded 'Autumn', 'people who help us.. 'familie$' and 'swt evénts,. Tho chlklren also boen leamkn sckne r makat suns which are pTactK6d at sna¢k time. Page 2
MOULTON PRESCHOOL TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021 The principal funding sources ar& Free Early Educational Enlmement funding from Suffolk County Coun¢il vhK) are available lo fvnd the first fifteen hours of pschool edtscatson beginning in the lèm follwng a chAd8 third birthday and fees charged for chibdren for hours attended in excess of those covered by enlthment fvndry and for chikjren who are JDunger than the age rango covered by grant funding. During th8 JEar th8 Pre-sthool received S106 fvnding in the fomi of a caprtal grant amntyrj to £36,947. ThlB ftjnding was required lo be spent on movable play 6quipment for the Selthg. During the yaar £21,539 ha• bwi spent and the balance caThied forward as a restricted fvnd. Fin and Reserve The Charity reported a net Surplus in the year of £5.17712020: loss £2.3411. Income rep)rted wrds £89.892 of ich £36.947 related to the restrÉcted S106 fijnding received and £8,809 {2020: £3,839) covK1 government grants. Total expenditure was £84.71512020'. £58.570). At the year end total funds were £37.658 of restricted funds were £15,741 12020.. £333) as descriw ' note 12 to the finanryal statements. The balance of re¥erves of £21.917 {2020.. £32.481 > 18 availablè to 8upFt the general purpose of th8 charity wthoul reStrtiOn. The trustees are of the opinion that the Chanws minimum reseNes should be sufficient to cover at beast three months, salaries and running ¢o$ts which would equate to approximalely £14.642 per annum. The Chantys free reserves at the year end were £21,50112020". £29.898} %thich is approximately equal to the target level. IMPACT OF COVID-19 AND GOING CONCERN The Trustees have o)n$idered the impact of the pandemic on futu income streams and pLanned actNities. Fundraising activities have been severety hil for the sècond year with limited opp)rtunit*s to fwdraL8e. Attendance rates have recovered and the PSchOol expects future income levels to retum ck)ser to pre cov levels going forward. STRUCTURE, GOVERNANCE AND MANAGEMENT The charty is a unincorporaled entty. registered with the Charity Commission on 1 Feary 1994 I govemed according to ts conslttution adopted 15 November 1993 as amended 24 September 2(M)9. The Pre.School 1$ registered as an Eaty Years Provider wlth Ofsted to accommodat• thIAlr•n Ivryn th• •S 2.5- 5years. Current Trustees ar81Ssted on the Reference and Admh6trati¢)n page. Th• TnAt••8 e•r th• >•w were as follows.. Jean.Mary Myers - Chalr- September 2019- Septembèr 2020 Poppy Ma¢Mi¢hael - Chair - September 2020- Sepptember 2021 Vthria Drake - Chair- September 2021- presMI Emma Ward - Treasurer- retired September 2020 Jean-mary Myers . Treasurer. S¢ptemb0r 2020. 0th 2021 Poppy Macmthael- Secretary- rosyned Soptambar 2020 Wesley H6aton - Secretary- September 2020 - Awl 2021 ViGtoria Drake - Secretary- Apn'l 2021- SoPt¢mber 2021 P•98 3
MOULTON PRÉSCHOOL TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MAY 2021 Kale Gch)de - trustee - resigned September 2020 Jen Mdrusty- trustee - resigned September 2020 Kerry Cole - trustee - resigned September 2020 Chariotte Clemenls - trustee- resigned September 2020 Tessa Mcgregor- trustee- resigned September 2020 Trustees are elected by a simFle vote al the Annual General Meeting or. sub5equenty. by a majority •rt>te of Trustees in office al the time. The Management Committee endeavour to recrurt Twslees wll proVe valuable and practical skills to the Charity. RISK MANAGEMENT The Charity tskes respon$ibilty for the wdl being of a number of Ung chikjren. Special procedures are in place for ¢hild supervision at all times. The Charity has insurance cover in place to cover all major business risks. This is reviewed annualty. STATEMENT OF TRUSTEES RESPONSIBILfflES The Trustees ar8 responsible for preparlng the Trustees. ReFQrt and the financ&31 ststements in accordance applicab baw and United lQngdom Acctyjnting Stsn¢Jards (United Kingdom Generally Accepted A¢¢ounting Practice). The law applicable to charities in England & we$ requires the Trustees to prepare financial statements for each financial year vthich give a true and fair view of the stste of affairs of the Charity and of its inming resourGes and application of resources. including its income and expenditure. f(K that pericwJ. In preparing these financial Statements. the Trustees are requId to.. select suitable accounting policies and Ihen apply them consistently. observe the methods and principles of the Charities SORP (FRS 1021,. make judgments and a¢counting estimates that are reasonable and prudent; state whether applicabk UK Accounting Standards IFRS 1021 have been followed. subje¢t to any material departures disclosed and ewained in the financial Statements., prepare the financial ststements on the going concem basis unless it inappropriate to Presume that the Charity will continue in business. The Trustees are responsible for keeping adequate aeewnting recd$ that are SUffent to show and exrAain the Charitys transactions and dis¢bse with reasonable ac¢uracy at any kn.me the financkgl position of the Charity and enable them to ensure that the finanaal ststements ¢omply with the Charities Act 2011. the Chanty (Accounts and Report5} Regulations 2CN)8 and the provisions of the Trust deed. They are also responsible lor safeguarding the assets of the Charity and hence for taking rea$(abl9 Steps for the preventiM and detection of fraud and other irregularities. Iproved by order of the members ofthe board of Trustèe5 and sy*d on thoir behalf by. Vlctorfa Drak• (Chair of the Trustees)
MOULTON PRESCHOOL INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MAY 2021 Independont Examinorf$ Roport to the Trustees of Moulton Proschool (Yh• Charw) I report to the charity Trustees on my examination of the accounts of the Charity for the >wr ended 31 May 2021. Responslbllltlos and Basls of Report As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe 2011 Acri. I reF in respect of my examination of the Charitys acc¢)unts carried out under secti¢)n 145 of the 2011 Act and in carrwng out my examination I have followed the applicable Directions gNen by the Charity Commission under section 14515)Ib) of the 2011 A¢t. Indopendent Examinerfs Stalernent Your attention is dra to the fact that the ChaTTty has prèpared the accounts in accordance with Acownting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance yth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) in preference to the Accounting and Reporting by Chartbes: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been thdravm. l understand that this has been done in order for the accounts to provide a true and fair view in accordance wth Ihe Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirn that no matters have ccrfne to my attenti in ¢cmnection wtth the examination giving me cause to believe that in any material respect-. acLwnting records vmre not kept in sPeCt of the Charity as required by sectw 130 of Ihe 2011 Act: Of the accwnts do not accord those rewds: c the accounts do not compty yth the applicable requirements conceming the fomi and cont8nt ol accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fairf wew thich is not a matter consKlered as part of an independenl examination. I have no con¢ems and have Come across no other matters in connection th8 8xaminatlon to which attention should b8 drawn in this report in order to enable a proper understsnding of the accounts to be reached. This report 1$ made $018ly to the Chartys TNstees. as a body. in aCc(wdan with Part 4 01 tho Charities (Accounts and Reports) Regulations 2008. My work has beèn undertaken so that I mwhl state to the Charitys Trustees those matter5 1 am required lo state to them in an Independent Ex8mlne¢s Repct and f(x no other purpose. To the fullest extent pemitted by law. I do not acc8pI w assumfj re¥slbty to oth•r than tho Charity and Iho Charitys Trusloes as a bcJy. for my work or lor this rep(w1. Sned.. Anthmy Tilley 8A Church Road, Moulton. C88 8SF Paga 5
MOULTON PRESCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2021 RestrSct•d Unre•trl¢tod funds fund• 2021 2021 Total funds 2021 Total funds 2020 Not• INCOME FROM: Donations Charitable activiti8s Fundraising income Bank interest Other income 36,947 236 43,605 255 37.183 43.605 255 49,069 3.289 32 3.839 8.809 8.809 TOTAL INCOME 36.947 52,913 89.860 56.229 EXPENDITURE ON: Charitable activities 21,539 63,144 58,570 TOTAL EXPENDITURE 21.539 63.144 58,570 NET INCOMEI{EXPENDrruRE) 15,408 (10.231) 5.177 12.341 } NET MOVEMENT IN FUNDS 15,408 110.231) 5.177 12.341) RECONCILIATION OF FUNDS: Total fvnd$ brought forward Net movement in funds 12 12 333 15,408 32,148 (10,231) 32,481 5.177 34.822 {2.341) TOTAL FUNDS CARRIED FORWARD 15.741 21.917 37,658 32.481 The Stslement of Financial Aclivities includes all gains and h)sses recc*3nised in the ar. The notes on pages 8 to 18 fonn part of Ij financial statements.
MOULTON PRESCHOOL BALANCE SHEET AS AT 31 MAY 2021 2021 2020 Note FIXED ASSETS Tangible assets 2,250 416 2.250 CURRENT ASSETS Debtors Cash al bank and in hand 10 2,461 40.662 30231 43.123 30.231 Credrtors: amounts falling due wthin one year 11 (5.881) NEf CURRENT ASSErs TOTAL ASSETS LESS CURRENT LIABILITIES 37.242 30.231 37.658 32,481 TOTAL NET ASSETS 37.658 32,481 CHARITY FUNOS Restricted fund¥ unrestn.cted fvnds 12 12 15.741 21,917 333 32.148 TOTAL FUNDS 37,658 32.481 The financial statements were approv&J and authorised for issue by the Tnjstees WKI signed 1r bohalf b. Vlctorfa Drake (Chair of Trustees) Date. 21 Id2L Tho notes on pages 8 to 18 lom part of these financial statem•. Pw7
MOULTON PRESCHOOL NOTES TO THE FINANCIAL STATEMENT8 FOR THE YEAR ENDED 31 MAY 2021 ACCOUNTING POLICIES 1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS The financial statements have been prepared in accordan¢e with the CharitKry8 SORP IFRS 102) - Accounting and Reporting by charitS. Statement of Recommonded Practice applicable to charities preparing their accounts in accordance with the Finanaal ReFthing Standard applicable in the UK and Republic of Ireland IFRS 1021 leffecliv8 1 January 2019}. the Financial Repo.n9 Stsndard applicaNe in the UK and RepublK of IreLind IFRS 102} and the Charities Acl 2011. The finanaal statements have been prepared to give a Irue and fai¢ and have dep•led fr(xn the Charities {Accounts and Reports) Regulabons 2(N)8 only to the extent required to FIK1¢ a 'true and fairf view. Thi$ departure has invofved fdlowng the Charities SORP IFRS 1021 published li O¢lober 2019 rather than the Accounting and Reporb"ng by Charities.. Ststement of Rec¢mmendJ Practice effective from 1 April 2005 which has since been withdrawn. Moulton Preschool meets the definition of a public benefft entty under FRS 102. Assets and liabilities are initially recognised at historical o)st or transa¢tion value unless otherwise ststed n the relevant accounting policy. No signfficant estimates or judgements were made by management in wepating these financial statements. 1.2 GOING CONCERN The Trustees have reviewed the financial wsition of the charuty, induding the impad of COVID-19 and have a reasonable expectation that the entty has adequate resources to continue in operatK)nal existence for the forseeable future. 1.3 INCOME A]1 income is recognised once the Charity has entiuement to the income. it is probai40 that tho income will be received and the amounl of IncMe receivab can be measured reliably. Third party fees are recognised in the period to vthich they relate and any fees re¢aNffjd than(x being deferred. Donations are included in the Statement of Financial Activrties recaivod. Grant income is recognised by the charity when there has been notffIcat of the amourrt and th settlement date. In the event that a grant is subject to cOnditS that requwe a level ol perfornn¢e before the charity is entitled to those funds. the income 1$ deferred. If a nI k% subjecl to strtt tems as to the use of those funds. the grant is treated as a restricted lund and accounted ft)r accordW¥. Where the receipt of grant income k8 contingent on certain aspects. such that the thanty doos not have full entitlement and is not abb to acujrately estsblish rne••uroment d tho kKcm•. It li disclosed as a contingent asset in the accounts. Other income is re¢ognised in the period in whth It Is (ec4lvabkn •nd lo h •xtont ts fpxl$ h•v• been provided or completM of the seThice. Interest on funds held on deposit k8 included *then roc•Nobl• and Iho amount w b8 moasurgd reliably by the CharFty. this is nomalty upon notrfKatson ol I knlwesl paAJ crf payable by the Institut with vknom the funds are (kposrtwj.
MOULTON PRESCHOOL NOTES TO THE FINANCIAL STATEMENT8 FOR THE YEAR ENDED 31 MAY 2021 ACCOUNTING POLICIES (CONTINUED) 1.4 EXPENDITURE Expenditure is recognised once there is a legal or constructNe Obligat to transfer ewiomic benefrt to a third paty. r( is probable that a transfer of economi¢ benefrts will be required in setuement and the amount of the obligation can be measured reliably. Expendrture is accounted for an accrnals basis. Expendrture on thantabk activities is incurred on directly undertaking the activtthrys vknith lurther Iho Charitys objectives, as well as any associated support costs. Support costs are those costs incurred directly in support of expendrture on the objects of the Charty. Govemance Costs are those inoJrred in connection with administration of the Chartty and ccwnpliance with constitutional and statutory requirements. This includes the costs of the preparation and examination of the ststulory financial statements. the costs of TDJStees meetings and the Cost of any legal advice given to the Trustees on govemance or constr"tutional matters. All expenditu is incluswe of irrecoverable VAT. 1.5 TANGIBLE FIXED ASSETS AND DEPRECIATION Tangible fixed assets costing £400 or m¢ye are ¢apitalised and recognised wfien future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are inrtially recognised at cost. After recognrtion. under the cosl model. tsngible fixed assets are measured at cost less accumulated depreCiat)n and any accumulated impaTh)ent losse5. All costs inojrred to bring a tangible fixed asset into its intended working conditi'on should be included in the measurement of cosL Depreciation is charged so as to allocate Ihe cost of tangible fixed assets less their resKlual valuo over their estimatsd useful INes, . Depreciation is provKleO on the following basts: Fixiures and fithngs 20% 1.6 DEBTORS Trade and other debtors are iecogni$ed al the settlement arnnI after any trade disc<¥Mt off•r•d. Prepayments are valued at the amount prepaNI net of any trade dixcwts due. 1.7 CASH AT BANK AND IN HAND Cash at bank and in hand includes cash and short-twm hwty wth a short rnatsxity of thfee months or less from the date of acquisition or of th• •knl¥ •VAl. Pago 9
MOULTON PRESCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 ACCOUNTING POLICIES (CONTINUED) 1.8 LIABILITIES AND PROVISIONS Liabilities are fecognised when there is an obligation al the Balance Sheet dale as a resur( of a past event. tt is probable that a transfer of economic benefft will be required in setuement. and the amount of the setdement Can be estimated reliably. Liabilitie$ are recognised at the amount that the Charity anticipates it 11 pay to settle the debt or the amount it has received as advanced payments for the goods or services rt must provide. 1.9 FINANCIAL INSTRUMENTS The Charity onty has financial assets and financial liabiifties of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their seltlement value wtth the exception of bank loans vthich are subsequentty measured at amortised cost using the effective interest method. 1.10 PENSIONS The Chartty operates a defined contribution pension $¢heme and the pens charge represents the amounts payab by the Charity to the fund in resp of the year. 1.11 FUND ACCOUNTING General funds are unrestricted funds which are avalable for use at the discretion of the Tfustees in furtherance of the general obiectrves of the Charity and vthith have not b88n designated for other purpos88. Restricted funds are funds which are to be used in a¢cordan¢e with specific restn'cl¥)ns imposed by donors or vthich have been raised by the Chanty for particular purposes. The oyJts of raising and adminislering such funds are charged against the specific fund. The aim and use of each restricted fvnd ks sel out in the notes to the financial statements. INCOME FROM DONATIONS AND GRANTS Tot•1 fund• 2021 fvnd• 2021 fund• 2021 funds 2020 Donations Grants 36.947 36.947 36.947 37,183 Th8 grant of £36.947 reciovod in 2021 Suffolk C4xrtJl ¥A• • to b• Spwl c eqUient. There wern no other corKlilxxffj attach•d to tho wwl. Page 10
MOULTON PRESCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 INCOME FROM CHARITABLE ACTivrriES Unre¥trlctgd funds 2021 Total fund• 2021 Totsl fvnds 2020 Unfunded fees and unrfo Earfy Educational Entlement Funding 9.046 34,559 13.377 35,692 34.559 TOTAL 2021 43.605 43,605 49.069 Eady educatsonal entitlemenl fvnding is from Suffdk County cnl. This grant is for funding from the 15 hours of free childcare for eluiable hwsehokls. In 2020 all income frc¥n Charitiable Aclivibes was unrestricted. FUNDRAISING INCOME Income from fundrnlslng events Unrestrlctsd fund$ 2021 Total funds 2021 Total funds 2020 Fundraising events 255 255 3.289 In 2020 all income from fvndraising events vras UnstrIcted. OTHER INCOMING RESOURCES Unmlrl¢t•d fund• 2021 Total fund• 2021 Total funds 2020 Cwonvlrus Job Retention S(kne 3.839 The charity re¢elved a government grant undef the Coron•vu8 Jc> R•tentKJn st*me (CJRS) to co the salaries of furloughed stsff 01 £8,80912020: £3.8391. This waB on 8taff salarkns. Pap11
MOULTON PRESCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 MAY 2021 ANALYSIS OF EXPENDITURE BY ACTIVITIES Actlvlti und•rtak•n directly 2021 Support co•t• 2021 Totsl lund• 2021 Pre School running costs 81.407 3,276 58.570 TOTAL 2020 55.205 3.365 58.570 In 2021. £21.539 {2020: £920) of ¢haritsble expenditure was atiributed to reslrthd fijnds and £63.176 {2020'. £57,650) was attributed to unrestricted funds. The anatysis of direct and supwt costs for 2020 has been amonded lo rellect the cost categcyw bebxT. ANALYSIS OF DIRECT COSTS Total fund¥ 2021 2020 Staff costs Educational equipment and consumables Rent costs Other restrirted expenditure 50.526 24.971 S,910 1.169 4,29) 81.407 P•9• 12
MOULTON PRESCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MAY 2021 ANALYSIS OF EXPENDITURE BY ACTMTIES (CONTINUED) 4ALYSIS OF SUPPORT COSTS nd• 2021 funds 2020 ertising costs Adminstrative and office costs Othef costs Staff Training Un"rfonn costs Covid 19 costs Bad debts 23 1.LM)5 1.123 874 243 120 746 267 405 3.276 3.365 Govemance costs. relating to Pa1 fees amounted to £284 (2020: £285) and is Indu other costs. STAFF COSTS 2021 2020 Wages and saLgries Contributims to defined ¢trIltion pensK)n sthemes 49.812 47,879 947 50.526 48,826 The average number of pers($ p10)E by the Chanty during the was as Idk. Pre Sthool slaff Tru5te8s have all given their tme and expertw Imihl Y ol oth•r b•nefrt in kThl (2020. £Nill. The totsl benefts k•y pw¥ryThI. •xathvJ Iwnpkyfir p contnbuts were £16.409. 13
IAOULTON PRESCHOOL NOTES TO THE FINANCIAL STATEMENT8 FOR THE YEAR ENDEO 31 IAAY 2021 TRUSTEES. REMUNERATION AND EXPENSES Durir& the year. no Trustees recelved any remuneralion or other béneffts12020 - £NIL). During the srar ended 31 May 2021, no Trustee expenses have been Incurrod (2020- £NIL). TANGIBLE FIXED ASSETS Flxturos and Offi flttlng• •qulwn•nt Total COST OR VALUATION At 1 June 2020 2250 2.250 416 (2250) Additions Disposal8 (2250) At 31 May2021 416 NET BOOK VALUE At 31 May 2021 416 At 31 May 2020 2.250 10. DEBTORS 2021 DUE wrrHIN ONE YEAR Trade dobtors Prepayynonts arKI ac£rued in¢cwne •71 1461
IAOULTON PRESCHOOL NOTES TO THE FINANCIAL STATEMENT8 FOR THE YEAR ENDED 31 MAY 2021 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 Other taxation and social secunty Other creditcrfs Accruals and defeffed income 287 S,501 5,881 2021 Resources deferred during the Or 5,501 Deferred income relates to thal COU11 funding received in advance for the remaHKler of the term. P•0• 18
MOULTON PRESCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 12. STATEMENT OF FUNDS STATEMENT OF FUNDS - CURRENT YEAR Balanc• at 1 June 2020 B•lanc• al Incom• Exp•ndltur• 31 May 2021 UNRESTRICTED FUNDS General Funds- all funds 32.148 52.913 (63.144) 21,917 RESTRICTED FUNDS Capital Grant Forest Heahh District Council 36.947 (21.539) 15.408 333 333 333 36.947 (21,539) 15.741 TOTAL OF FUNDS 32.481 89,860 184,6831 37.658 Purpose of funds: Capital Grant - A grant was recewed from Suffdk County CnCil in the year to enable mov8able equipment to be purchased for use by the chiklren at the PTe-School. The balance carried forward is unspent fund$ at the year end. Forest Heatth District Counril - A grant a5 recoived in 2019 for th8 purchase of ebectronk equipment for the school. There are plans to use the remaining funds this rA)ming y. Pago 16
MOULTON PRESCHOOL NOTES TO THE FINANCIAL STATEMENT8 FOR THE YEAR ENDED 31 MAY 2021 12. STATEMENT OF FUNDS (CONTINUED) STATEMENT OF FUNDS - PRIOR YEAR Balance at 1 June 2019 Inc(xna Expendibxe 31 May 2020 UNRESTRICTED FUNDS General Funds- all fvnds 157.6491 32.148 RESTRICTED FUNDS Forest Health Distri¢t Council 1.253 19201 333 TOTAL OF FUNDS 34.821 56,229 (58.569) 32.481 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BEfwEEN FUNDS - CURRENT YEAR Restrlcted Unrnstrl¢t•d funds funds 2021 2021 lund• Tangible fixed assets Current assets Credittys due wilhin one ypar 416 27.382 15.881) 15.741 43.123 15.881) TOTAL 15.741 21.917 37.651 ANALYSIS OF NET ASSEfs BETWEEN FUNDS - PRIOR YEAR Js 2020 2020 Tangti18 fixed assets Current aswts
)231 32,148 32.481 TOTAL Pago 17
MOULTON PRESCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 14. RELATED PARTY TRANSACTIONS The Charity has not entered into any relaled party transaction during the ye8f, nor af• Ihar• any outstanding balances owing between related parties and the Charty at 31 May 2021 (2020: P•0• 18