## **2021 Accounts** 

- 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. 

- 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. 

- **Fees** - decrease of (- **1%** ) are largely driven by increased attendance numbers of funded children. 

- **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). 

- **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. 

- **Insurance costs** remained the same at **£725** . 

- **Accountancy and payroll costs** of **£330** are slightly higher than 2020, Ongoing annual costs are £320.98 (£300 payroll, £90 accounts review). 

- **Licence costs** of **£450.44** are slightly higher than 2020 mainly due to an increase to annual costs. 

- **Website & IT costs** of **£302** are slightly higher than 2020 

- Investment in **play equipment** has been higher this year, as we did not receive the donations and needed new equipment £2164.27. 

- **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$t year
tothe J)eare8t £
to thè nea￿t£
to the nparest £
tothÈ ne8￿&t£
Al Recoipts
Gener81 Fees
Funded Fee8
staff Funtting
Fundraising Incorne
Donations
HMRC JRS and MAT
Bank Intere51
20,539
63,64T
20,539
63,647
15,559
S4,949
713
713
326
314
314
Sub total (Gross income for
AR)
8S.216
85,216
78,988
A2 Asset and Investment sales,
Isee table).
Sub total
Total receipts
85,216
85.216
78.966
A3Pa
ments
Wages and National Insurarnce
siaff Courses and Training
Other staff Cos15
Rent an¢ Refuse
Fundiai51ng Exp2nses
Arts. Cfaft and Learning Resources
Insurance
A¢¢ouniing and Payro51 Pr(Lessin
Childfen's Snack5
Unifomi Cos15
Licences. su08￿ptIOllS and F￿$
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￿#*￿5V￿h 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$t year
tothe J)eare8t £
to thè nea￿t£
to the nparest £
tothÈ ne8￿&t£
Al Recoipts
Gener81 Fees
Funded Fee8
staff Funtting
Fundraising Incorne
Donations
HMRC JRS and MAT
Bank Intere51
20,539
63,64T
20,539
63,647
15,559
S4,949
713
713
326
314
314
Sub total (Gross income for
AR)
8S.216
85,216
78,988
A2 Asset and Investment sales,
Isee table).
Sub total
Total receipts
85,216
85.216
78.966
A3Pa
ments
Wages and National Insurarnce
siaff Courses and Training
Other staff Cos15
Rent an¢ Refuse
Fundiai51ng Exp2nses
Arts. Cfaft and Learning Resources
Insurance
A¢¢ouniing and Payro51 Pr(Lessin
Childfen's Snack5
Unifomi Cos15
Licences. su08￿ptIOllS and F￿$
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￿#*￿5V￿h 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