2022-08-31-accounts

Charity number: 4034782

THE LADYBIRD PRE-SCHOOL

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

THE LADYBIRD PRE-SCHOOL

CONTENTS

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|||| |---|---|---| |Page| |Reference and Administrative Details of the Charity,|its Trustees and Advisers|1| |2-6| |Trustees’|Report| |7-8| |Independent Examiner’s|Report| |9| |Statement|of Financial|Activities| |10| |Balance|Sheet| |11-23| |Notes to the|Financial|Statements|

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THE LADYBIRD PRE-SCHOOL

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2022

Trustees

R Banda (resigned 2nd March 2023) J Boes (resigned 29th March 2022) L Brown (appointed 29th March 2022) J Ellis (appointed 29th March 2022} E Hayward (resigned 29th March 2022) C Grover (resigned 29th March 2022) K Jones (resigned 29th March 2022) B Mackie (resigned 29th March 2022) C Patel (resigned 29th March 2022) L Poskitt (appointed 1st December 2022) S Roumaneas, Chair (appointed 29th March 2022) A Valsamaki (appointed 29th March 2022) C Wilson (appointed 29th March 2022)

Charity registered number

4034782

Principal office

King Georges Playing Field Lambs Lane Cottenham CB24 8TB

Independent Examiner

C P J Dougherty, FCA Lakin Rose Limited Chartered Accountants Pioneer House Vision Park Histon Cambridge CB24 SNL

Bankers

The Co-Operative Bank PO Box 250 Delf House Skelmersdale WN8 6WT

Cambridge Building Society 51 Newmarket Road Cambridge CB5 8FF

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THE LADYBIRD PRE-SCHOOL

TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2022

The Trustees present their annual report together with the financial statements of the charity for the 1 September 2021 to 31 August 2022. The trustees confirm that the annual report and financial statements of the charity comply with current statutory requirements, the requirements of the charity's governing document and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

Objectives and activities

a. Policies and objectives

The charity has the following activities to deliver its principle objectives: Aim: Our primary aim at Ladybird Pre-school is to create a warm stimulating environment to enable every member young or old to learn and develop while having fun. The environment needs to be accessible, challenging but achievable to all our members with opportunities to take risks.

• Addtional Aims: 1. To ensure children feel safe and secure in our care 2. To form positive and trusting relationships with all our members 3. To provide play experiences for children to learn from and explore 4. To work effectively in partnership with others to maximise everyone’s potential 5.6. ToTo fostergive everyonepositive dispositionsthe opportunityto jearningto develop their confidence, independence, self-esteem, social and 7. emotionalTo ensure everyoneskills at Ladybird Pre-school is aware of and involved in the scheme “Promoting Health in Early Years”.

Our objective is to work hard to ensure we meet our aims.

• Addtional1. To provideObjectives:activities, events and opportunities to develop learning for all 2. To provide leaming activities, training and workshops for all of our members 3. To encourage parents/carers to participate in our organisation maximising their skills, knowledge and A. abilitiesTo ensure staff have a good understanding as to what constitutes a healthy lifestyle and works in partnership with parents/carers to help keep their children healthy.

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THE LADYBIRD PRE-SCHOOL

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

Achievements and performance

a. Review of activities Our children numbers for 2021/22 are heading back up to pre-pandemic levels and we have a waiting list back in place due to demand. The 30 hours funding continues to be popular with parents who are eligible and the number of our children taking up this has also increased back to pre-pandemic levels. The opening of Chestnut nursery on October 2021 thankfully does not seem to have had any adverse impact on Ladybirds. Ladybirds continue to be challenged with increasing costs following increases to the national living wage and operating costs that have been impacted as a result of the pandemic and cost of living. We still did not manage to get back to pre-pandemic ievels of fundraising, in part due to a lack of volunteers. We were very grateful to some volunteers who undertook fundraising on our behalf during this financial year. Over the course of the year, we nave received Early Years Pupil Premium funding for some children which has allowed us to purchase new resources to help promote the children’s leaming. Our Moving On session which is aimed at preparing pre-school children for their move up to Primary School continues to be well received by parents and teachers at the Primary School. These sessions remain some of our most popular and well attended within the setting. We continue to work closely with other early years professionals to improve the outcomes of all children in our care and we work within the guidelines of the Early Years Foundation Stage (EYFS). Staff have attended various online training courses in order to extend their knowledge of the EYFS and a number of them have worked to gain further professional qualifications.

Financial review

a. Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concem basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

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THE LADYBIRD PRE-SCHOOL

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TRUSTEES’ REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
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b. Reserves policy Ladybird Pre-School aims to build and maintain a general fund of reserves to cover 9 months running costs. As at 31 August 2022 the reserves were equal to around 7 months running costs (2021: 9 months). This level of reserves should cover any short term cash flow fluctuations and provide a buffer against unforeseen future emergencies. These reserves are kept liquid and low risk, by holding them in a bank or building society. Rates of interest are regularly monitored.

In addition to the reserve, designated funds comprise unrestricted funds that have been set aside by Trustees for particular1Deprivation funds:purposes. They sumsare: set aside to support children, in our community, with exceptional circumstances. 2- Training and professional development funds: sums set aside to support staff in their continuous 3- professionalMaintenance anddevelopment. Redecoration funds: sums set aside to maintain a clean and safe environment. 4 IT funds: sums set aside to ensure IT system meets the operational requirements. 5- Garden equipment funds: sums set aside for new outdoor play equipment.

Statement of designated funds: Deprivation funds: £ 735 {T funds: £ 1,014 Training funds: £ 280 Maintenance and Redecoration funds: £ nil Garden equipment funds: £ nil This level of reserves should cover any short-term cash fiow fluctuations and provide a buffer against unforeseen future emergencies. This reserve does not allow for any major capital project. Any such project would require independent funding. The reserves will be built gradually from both fee income and fundraising. The Trustees review this policy at least annually to ensure that it reflects current business needs.

Structure, governance and management

a. Constitution The principal object of the charity is to enhance the development and education of children primarily under the statutory school age by encouraging parents to understand and provide for the needs of their children through community groups.

b. Methods of appointment or election of Trustees

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. The Trustees who served during the year and dates of appointment and resignations are shown on page 1.

Page 4

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THE LADYBIRD PRE-SCHOOL
TRUSTEES’ REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2022
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Structure, governance and management (continued)
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c. Organisational structure and decision-making policies A committee of parents is elected in the new year at the Annual General Meeting of the Pre-school. The committee are responsible for the running of the group and employ a manager to manage it for them. The manager is responsible to the committee, reports fo committee meetings and is supported by one deputy and two senior practitioners. Decisions about the running of the group are made at committee meetings.

d. Risk management The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Plans for future periods We continue in our aim to seek out ways to improve and widen our provision for families with young children in Cottenham. Statement of Trustees’ responsibilities The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to: ° select suitable accounting policies and then apply them consistently; e observe the methods and principles of the Charities SORP (FRS 102); ° make judgments and accounting estimates that are reasonable and prudent; ° state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements; ° prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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THE LADYBIRD PRE-SCHOOL

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 by: Approved byorder of= members of the board of Trustees on 28 Io [2023 and signed on their behalf

S Rd6umanea

Trustee

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THE LADYBIRD PRE-SCHOOL

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2022

Independent Examiner's Report to the Trustees of The Ladybird Pre-school (‘the charity’) | report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 August 2022.

Responsibilities and Basis 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 (‘the 2011 Act’). | report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. | understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. | have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 4. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or

1. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements conceming 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.

| 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.

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THE LADYBIRD PRE-SCHOOL

INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022

This report is made solely to the charity's Trustees, aS a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that | might state to the charity's Trustees those matters | am required to state to them in an Independent Examiners Report and for no other purpose. To the fullest extent permitted by law, 1 do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report. Signed: Dated: 78\ lo \20Us

Christopher Dougherty FCA

Lakin Rose Limited Chartered Accountants Pioneer House Vision Park Histon Cambridge CB24 ONL

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THE LADYBIRD PRE-SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022

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|||||||| |---|---|---|---|---|---|---| |Restricted|Unrestricted|Total|Total| |funds|funds|funds|funds| |2022|2022|2022|2021| |Note|£|£|£|£| |IncomeDonationsfrom: and legacies|3|-|2,631|2,631|2,151| |Charitable activities|4|26,028|204,838|230,866|171,118| |Other trading activities|5|-|3,241|3,241|2,068| |Investments|6|-|236|236|__|170| |ee26,028|210,946|236,974|_|175,507| |Total|income|ee| |Expenditure|on:|-|150|450|175| |RaisingCharitablefunds activities|7|26,074|225,895|251,969|208,899| |Total expenditure|oeOS26,074|Le226,045|252,119|209,074| |Net movement|in funds|(46)|(15,099)|(15,145)|(33,567)| |TotalReconciliation funds broughtof funds: forward|46|157,673|157,719|191,286| |Net movement|in funds|(46)|(15,099)|(15,145)|(33,567)| |Total funds carried forward|-|142,574|142,574|157,719|

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The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 11 to 23 form part of these financial statements.

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THE LADYBIRD PRE-SCHOOL

BALANCE SHEET AS AT 31 AUGUST 2022

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|||||||||| |---|---|---|---|---|---|---|---|---| |2022|2021| |Note|£|£| |FixedTangible assetsassets|11|13,742|16,013| |13,742|16,013| |Current|assets| |Debtors|12|3,679|2,050| |Cash at bank and in hand|153,016|164,543| |156,695|166,593| |Creditors:|amounts|falling|due|within|one|13|(27,863)|(24,887)| |year| |128,832|141,706| |Net|current|assets| |Total assets less current|liabilities|442,574|157,719| |142,574|157,719| |Total|net|assets| |Charity|funds|46| |Restricted funds|14|1| |Unrestricted funds|14|142,574|157,673| |142,574|157,719| |Total|funds| |The financial statements were approved and authorised for issue financial statements were approved and authorised for issue statements were approved and authorised for issue were approved and authorised for issue approved and authorised for issue and authorised for issue authorised for issue for issue issue|by the Trustees on the Trustees on Trustees on on|and|

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The financial statements were approved and authorised for issue financial statements were approved and authorised for issue statements were approved and authorised for issue were approved and authorised for issue approved and authorised for issue and authorised for issue authorised for issue for issue issue by the Trustees on the Trustees on Trustees on on signed on thei behalf by:

! Pa oumaneas (Chair of rustees)

The notes on pages 11 to 23 form part of these financial statements.

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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

1. General information The charity is an unincorporated charity. The address of the charity is King Georges Playing Field, Lambs Lane, Cottenham, Cambridge CB24 8TB.

2. Accounting policies 2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a ‘true and fair view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair’ view. This departure has involved following the Charities SORP (FRS 402) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The Ladybird Pre-school meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income Allincome is recognised once the charity has entitlement to the income, itis probable that the income will be received and the amount of income receivable can be measured reliably. Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charity where this can be quantified and a thirdparty is bearing the cost. No amounts are included in the financial statements for services donatedby volunteers. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Support costs are those costs incurred directly in support of expenditure on the objects of the charityand include project management carried out at Headquarters. Costs of generating funds are costs incurred in attracting voluntary income, and those incurred intrading activities that raise funds. Charitable activities and Governance costs are costs incurred on the charity's educational! operations, including support costs and costs relating to the governance of the charity apportioned tocharitable activities.

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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

2. Accounting policies (continued)

2.3 Expenditure (continued)

All expenditure is inclusive of irrecoverable VAT.

2.4 Tangible fixed assets and depreciation A review for impairment of a fixed asset is carried out if events or changes in circumstances indicatethat the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. impairment losses are recognised in the Statement of Financial Activities. Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures and fittings - 25% reducing balance Improvements to property - 10% straight line

2.5 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

investment income, gains and losses are allocated to the appropriate fund.

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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

3. Income from donations and grants

Income fromfrom donations andand grants
	Restricted funds 2022 £ -	Unrestricted funds 2022 £ 201		Total funds 2022 £ 201	Total funds 2021 £ 301
Donations	-		2,430	2,430	1,850
Grants
	-		2,631	2,631	2,151
Total 2022
	200		1,951	2,151
Total 2021
Incomefrom charitable activities
	Restricted funds 2022 £		Unrestricted funds 2022 £	Total funds 2022 £	Total funds 2021 £
		-	53,963	53,963	34,271
Pre-School fees Localauthorityfunding	26,028		150,875	176,903	436,847
	26,028		204,838	230,866	171,118
Total 2022
Total2021	8,620		162,498	171,118

4. Income from charitable activities

1. Income from fundraising activities Income from fundraising events

Income from fundraisingfrom fundraisingfundraising events
	Unrestricted funds 2022 £	Total funds 2022 £	Total funds 2021 £
	3,241	3,241	2,068
Events
	2,068	2,068
Total2021

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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

6. Investment income

Investment income
	Unrestricted funds 2022 £		Total funds 2022 £	Total funds 2021 £
		236	236	170
Interest on cash deposits
		170	170
Total 2021
Analysisofexpenditureon charitable activities
Summary byfund type
	Restricted funds 2022 £	Unrestricted funds 2022 £	Total 2022 £	Total 2021 £
Support costs Directcosts	- 26,074	64,342 161,553	64,342 187,627	59,379 149,520
	26,074	225,895	251,969	208,899
Total2027	8,820	200,079	208,899

Interest on cash deposits
Total2021

1. Analysis of expenditure on charitable activities

Summary by fund type

1. Analysis of expenditure by activities

	Activities undertaken directly 2022 £	Support costs 2022 £	Total funds 2022 £	Total funds 2021 £
Support costs Directcosts	- 187,627	64,342 -	64,342 187,627	59,379 149,520
	187,627	64,342	251,969	208,899
	149,520	59,379	208,899
Total 2021
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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

8. Analysis of expenditure by activities (continued)

Analysis of direct costs

Analysis of direct costsdirect costscosts
	Pre-School 2022 £	Total funds 2022 £	Total funds 2021 £
	177,946	177,946	143,213
Staff costs Classroom consumables	6,868 256	6,868 256	3,999 187
School trips Groceriesandmilk	2,557	2,557	2,121
	187,627	187,627	149,520
	149,520	449,520

Total 2021

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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

8. Analysis of expenditure by activities (continued)

Analysis of support costs

	Analysis of supportsupport costs
		Pre-School 2022 £	Total funds 2022 £	Total funds 2021 £
		26,890	26,890	25,661
	Staff costs	5,315	5,315	6,033
	Depreciation	1,639	1,639	1,723
	Insurance Generalexpenses	5,064 246	5,064 246	3,881 216
	Advertising	18,144	18,144	16,820
	Premises expenses	190	190	330
	Training	1,794	1,794	1,399
	Accountancyfees Payrollbureaufees	2,132 -	2,132 -	4,468 2
	Losson disposal offixed assets Subscriptions	1,149 951	1,149 951	1,018 -
	Recruitment	828	828	828
	Office costs
		64,342	64,342	59,379
		59,379	59,379
	Total 2021
9.	Staff costs
			2022	2021
			£	£
			199,557	164,936
	Wagesand salaries		2,859	2,364
	Social security costs		2,420	1,574
	Pension costs
			204,836	168,874

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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

9, Staff costs (continued) The average number of persons employed by the charity during the year was as follows:

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2022 2021
No. No.
2 2
Supervisor 1 4
Deputies 11 9
Teachers 3 3
Administration 1 1
General maintenance
18 16
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No employee received remuneration amounting to more than £60,000 in either year.

1. Trustees’ remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2027 - £NIL). During the year ended 31 August 2022, expenses totalling £70 were reimbursed or paid directly to 2 Trustees (2021 - £NIL) relating to expenditure incurred on behalf of the charity.

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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

41. Tangible fixed assets

Tangible fixed assets
	Fixtures and fittings £	Otherfixed assets £	Total £
Cost or valuation At1September2021 Additions At31August2022	33,102 3,044 36,146	42,319 - 42,319	75,421 3,044 78,465
Depreciation At 1 September2021	25,174 2,363	34,234 2,952	59,408 5,315
Charge forthe year
At 31August2022	27,537	37,186	64,723
Netbook value At31August2022	8,609	5,133	13,742
At31August2021	7,928	8,085	16,013

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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

12. Debtors

Debtors
	2022 £	2021 £
Due within one year	1,897	1,768
Trade debtors	1,782	882
Prepayments and accrued income
	3,679	2,050

13. Creditors: Amounts falling due within one year

Creditors: Amounts falling due within one yearfalling due within one yeardue within one yearwithin one yearone yearyear
	2022 £	2021 £
	1,140	-
Trade creditors Othertaxationandsocialsecurity	1,183 488	981 435
Other creditors	25,052	23,471
Accruals and deferred income
	27,863	24,887

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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

14. Statement of funds

Statement of funds - current year

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|||||||| |---|---|---|---|---|---|---| |BalanceSeptemberat|1|Transfers|Balance at 31| |2021|Income|Expenditure|in/out|August 2022| |£|£|£|£|£| |Unrestricted|funds| |Designated|funds| |Designated|Funds - all funds|2,216|-|(2,032)|1,842|2,026| |General|funds| |General Funds|155,457|210,946|(224,013)|(1,842)|140,548| |Total Unrestricted funds|157,673|210,946|(226,045)|-|142,574| |Restricted|funds| |4:1MilkStudent SupportFund|46-|26,028-|(26,074)-|-~|--| |46|26,028|(26,074)|-|-| |Total of funds|157,719|236,974|(252,119)|“|142,574|

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Milk fund represents grants received towards the cost of milk for the children.

The 1:1 student support represents grants received towards the cost of one to one support for special needs children.

The designated funds are as follows:

• 1- Deprivation funds: sums set aside to support children, in our community, with exceptional circumstances - £735 (2021 - £735)

• 2- Training and professional development funds: sums set aside to support staff in their continuous professional development - £280 (2021 - £470).

• 3- Maintenance and Redecoration funds: sums set aside to maintain a clean and safe environment - 4- £niliT funds:(2021 sums- Enil). set aside to ensure our IT system meets the operational requirements - £1,011 5. Garden(2021 - equipment £1,011). funds: sums set aside for new outdoor play equipment - £nil (2021 - Enil).

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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

14. Statement of funds (continued)

Statement of funds - prior year

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||||||||| |---|---|---|---|---|---|---|---| |Balance at|Balance|at| |1 September|Transfers|31 August| |2020|Income|Expenditure|in/out|2021| |£|£|£|£|£| |Unrestricted|funds| |Designated|funds| |Designated|Funds|- all funds|4,046|1,756|(4,365)|779|2,216| |General|funds| |General|Funds|187,194|164,931|(195,889)|(779)|155,457| |Total Unrestricted funds|191,240|166,687|(200,254)|-|157,673| |Restricted|funds| |1:1|Student Support|46|8,620|(8,620)|-|46| |Milk Fund|-|200|(200)|-|-| |46|8,820|(8,820)|-|46| |Total! of funds|191,286|175,507|(209,074)|-|157,719|

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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

45. Analysis of net assets between funds

Analysis of net assets between fundsnet assets between fundsassets between fundsbetween fundsfunds
Analysisofnetassetsbetweenfunds-currentyear	Unrestricted funds	Total funds
	2022	2022
	£	£
	43,742	13,742
Tangible fixed assets	156,695	156,695
Current assets	(27,863)	(27,863)
Creditors due within one year
	142,574	142,574

Total

Analysis of net assets between funds - prior year

Analysisof net assets betweennet assets betweenassets betweenbetweenfunds- prior yearprior yearyear
Analysis of net assets betweennet assets betweenassets betweenbetween funds - prior yearprior yearyear	Restricted	Unrestricted funds funds 2021 2021 £ £
	-	16,013	16,013
Tangible fixed assets	46	166,547	166,593
Current assets Creditors due within one year	-	(24,887)	(24,887)
	46	157,673	157,719

Total

46. Operating lease commitments

At 31 August 2022 the charity had commitments to make future minimum lease payments under noncancellable operating leases as follows:

Operating lease commitmentscommitments At 31 August 2022 the charity hadhad commitments to cancellable operating leases as follows:	make future minimum lease payments	under non-
	2022	2021
	£	£
Amounts payable:	6,620	6,620
Within 1 year	26,480	26,480
Between 1 and 5 years	50,753	57,373
After more than 5 years
	83,853	90,473

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THE LADYBIRD PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

47. Related party transactions

The children of some of the Trustees attend the nursery. The children's attendance at the nursery is on the same terms as other children in their age groups.

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