2021 Accounts
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Profit for the year is £6.1k . This is higher than last year’s profit ( £19.9K) , but 2020 was a very unusual year due to covid-19 we had high numbers of funded children in attendance therefore during our closure and any isolation periods we still received funding from the local authority for these children but did not incur any rental or other costs we do when open normally. This was beneficial as we went into 2021 to have these funds in reserve.
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Total income amounts to £85k expenditure £79.1k . Income is largely generated (80%) through funded children NCC (£63.5k) invoiced fees (20.5k). 85% of total expenditure relates to staff costs (£62.2k) and 10% relates to the building rent paid to St Peter’s Church (£9.8k) we also invested in some new play equipment needed.
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Fees - decrease of (- 1% ) are largely driven by increased attendance numbers of funded children.
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Staf costs of £62,228 are 21% higher than 2021. The increase is mainly due to reduced staffing levels because of higher attendance levels. . We also saw a 5% increase in the National Living Wage from April (from £8.72 to £8.91 for those aged 25 and above).
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Rent and Refuse was £10.2k is a lot higher than 2020 (£5,2k). Rent and refuse was not charged when we closed due to COVID-19 in 2020.
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Insurance costs remained the same at £725 .
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Accountancy and payroll costs of £330 are slightly higher than 2020, Ongoing annual costs are £320.98 (£300 payroll, £90 accounts review).
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Licence costs of £450.44 are slightly higher than 2020 mainly due to an increase to annual costs.
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Website & IT costs of £302 are slightly higher than 2020
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Investment in play equipment has been higher this year, as we did not receive the donations and needed new equipment £2164.27.
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Fundraising activities Due to restrictions, fundraising has been low again this year and we have generated £503 which is positive amount as we due to restrictions we could not do a lot of our usual fundraising events.
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of The Hermitage Pre School On accounts for the year ended 3111212021 Charity no lif any) 1034672 Set out on pages I report to the trustees on my examination of the accounts of the above charity I'the Trust ) for the year ended 3111212021. Responsibilities and basis of report As Ihe charity's trustees, you arè responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ("the Act") I report in respect of my examination of the Trust's aG¢ounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145151{bl of the A¢t. Independent l am qualified to undertake the examination by being a qualified member of examiner's statement the ACCA.. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe Ihal in, any material respect: the accounting records were not kept in accordan with section 130 of the Charities Acl., or the accounts did not accord with the accounting records., or the accounts did 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 'lrue 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. Signed: Date: Ic72 Name: Adam Girling Relevant professional qualification{s} or body lif any).. ACCA IER Oct 2018
Address: Girlings & Co Chartered Certified Accountants 11 High Street, Ruddington, Nottinghamshire, NG116DT Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts= directions and guidance for examiners). Give her8 brief details of any items that the examiner wishes to disGlose. IER Oct 2018
CHARITY COMMISSION FOR ENGLAND AND WALES Receipts and payments accounts CC16a For the poriod from To Section A Receipts and payments Unrestricted funds to th• ng3rn$¢ Restricted funds Endowmént fund Totsl fund$ La$t year tothe J)eare8t £ to thè neat£ to the nparest £ tothÈ ne8&t£ Al Recoipts Gener81 Fees Funded Fee8 staff Funtting Fundraising Incorne Donations HMRC JRS and MAT Bank Intere51 20,539 63,64T 20,539 63,647 15,559 S4,949 713 713 326 314 314 Sub total (Gross income for AR) 8S.216 85,216 78,988 A2 Asset and Investment sales, Isee table). Sub total Total receipts 85,216 85.216 78.966 A3Pa ments Wages and National Insurarnce siaff Courses and Training Other staff Cos15 Rent an¢ Refuse Fundiai51ng Exp2nses Arts. Cfaft and Learning Resources Insurance A¢¢ouniing and Payro51 Pr(Lessin Childfen's Snack5 Unifomi Cos15 Licences. su08ptIOllS and F$ Website 8nd IT Costs cleaning Supplies Office Equipment. S181ionery, Po$iage Play Equipment Advertising Professional Fee$ Misce118neous 62,28B 797 290 10.273 62.288 797 290 10,273 49,507 336 143 S,763 27S 726 318 27$ 726 316 667 70 450 302 267 297 726 321 70 396 228 342 316 122 302 267 2,16S 2.165 8r 87 99 Sub total 79,135 Cro88 Add Error SB,W7 A4 Asset and investment purchasès. Isee table) Sub total Totsl payments 79,135
VALUEI
59,007 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 6.081
VALUEI
19.959 86.083 72,164 66,083
VALUEI
46,124 66.083 CCXX R1 a¢¢oun15 ISSI 301C612022
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to n8aroSt £ Restricted funds to noar•st £ Categortes Endowment funds to nearest£ Details 81 Cash funds Current Account 22,054 Savings Aocounl $0,010 Cash in Hand 100 Total cash funds 72,164 Itireo b#*5Vh re¢eipts paymerns account($11 Unrestrf¢ted funds to noare8t £ Restricted funds to ntrarest £ Endowment funds to nur8St£ Details B2 Other monetary assets Detalls Fund to whi¢h 088et belon Cost loptionall urrantvalug Details Fund to which as$èi lon Curr•nt valuo Cost loptton•ll 84 Assets retainod for the charity's own use Dètails Fund to which relates Amount due ona Waon du• onal BS Llabilitie¥ Signed by one or tru$tees on behalf of all Ihe trustees Slgn81ure Print Name Datè Of roval CCXX R2 acujunis ISSI 301Ce12022
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of The Hermitage Pre School On accounts for the year ended 3111212021 Charity no lif any) 1034672 Set out on pages I report to the trustees on my examination of the accounts of the above charity I'the Trust ) for the year ended 3111212021. Responsibilities and basis of report As Ihe charity's trustees, you arè responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ("the Act") I report in respect of my examination of the Trust's aG¢ounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145151{bl of the A¢t. Independent l am qualified to undertake the examination by being a qualified member of examiner's statement the ACCA.. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe Ihal in, any material respect: the accounting records were not kept in accordan with section 130 of the Charities Acl., or the accounts did not accord with the accounting records., or the accounts did 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 'lrue 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. Signed: Date: Ic72 Name: Adam Girling Relevant professional qualification{s} or body lif any).. ACCA IER Oct 2018
Address: Girlings & Co Chartered Certified Accountants 11 High Street, Ruddington, Nottinghamshire, NG116DT Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts= directions and guidance for examiners). Give her8 brief details of any items that the examiner wishes to disGlose. IER Oct 2018
CHARITY COMMISSION FOR ENGLAND AND WALES Receipts and payments accounts CC16a For the poriod from To Section A Receipts and payments Unrestricted funds to th• ng3rn$¢ Restricted funds Endowmént fund Totsl fund$ La$t year tothe J)eare8t £ to thè neat£ to the nparest £ tothÈ ne8&t£ Al Recoipts Gener81 Fees Funded Fee8 staff Funtting Fundraising Incorne Donations HMRC JRS and MAT Bank Intere51 20,539 63,64T 20,539 63,647 15,559 S4,949 713 713 326 314 314 Sub total (Gross income for AR) 8S.216 85,216 78,988 A2 Asset and Investment sales, Isee table). Sub total Total receipts 85,216 85.216 78.966 A3Pa ments Wages and National Insurarnce siaff Courses and Training Other staff Cos15 Rent an¢ Refuse Fundiai51ng Exp2nses Arts. Cfaft and Learning Resources Insurance A¢¢ouniing and Payro51 Pr(Lessin Childfen's Snack5 Unifomi Cos15 Licences. su08ptIOllS and F$ Website 8nd IT Costs cleaning Supplies Office Equipment. S181ionery, Po$iage Play Equipment Advertising Professional Fee$ Misce118neous 62,28B 797 290 10.273 62.288 797 290 10,273 49,507 336 143 S,763 27S 726 318 27$ 726 316 667 70 450 302 267 297 726 321 70 396 228 342 316 122 302 267 2,16S 2.165 8r 87 99 Sub total 79,135 Cro88 Add Error SB,W7 A4 Asset and investment purchasès. Isee table) Sub total Totsl payments 79,135
VALUEI
59,007 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 6.081
VALUEI
19.959 86.083 72,164 66,083
VALUEI
46,124 66.083 CCXX R1 a¢¢oun15 ISSI 301C612022
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to n8aroSt £ Restricted funds to noar•st £ Categortes Endowment funds to nearest£ Details 81 Cash funds Current Account 22,054 Savings Aocounl $0,010 Cash in Hand 100 Total cash funds 72,164 Itireo b#*5Vh re¢eipts paymerns account($11 Unrestrf¢ted funds to noare8t £ Restricted funds to ntrarest £ Endowment funds to nur8St£ Details B2 Other monetary assets Detalls Fund to whi¢h 088et belon Cost loptionall urrantvalug Details Fund to which as$èi lon Curr•nt valuo Cost loptton•ll 84 Assets retainod for the charity's own use Dètails Fund to which relates Amount due ona Waon du• onal BS Llabilitie¥ Signed by one or tru$tees on behalf of all Ihe trustees Slgn81ure Print Name Datè Of roval CCXX R2 acujunis ISSI 301Ce12022