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2020-12-31-accounts

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

OAKFIELD PRE-SCHOOL PLAYGROUP

OAKFIELD PRE-SCHOOL PLAYGROUP

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

Page
General Information 1
Accountants' Report and Client Approval Certificate 2
Trading and Profit and Loss Account 3
Balance Sheet 4
Tangible Fixed Assets Schedule 5

OAKFIELD PRE-SCHOOL PLAYGROUP

GENERAL INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2020

PROPRIETOR: OPP School ADDRESS: Holstock Road Vine Church Hall Ilford Essex IG1 1LG ACCOUNTANTS: Patsons Accountancy Limited Suraj Chambers 53 Islington Park Street London N1 1QB

Page 1

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

ACCOUNTANTS' REPORT TO

OAKFIELD PRE-SCHOOL PLAYGROUP

In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of Oakfield Pre-school Playgroup and from information and explanations supplied to us.

Patsons Accountancy Limited Suraj Chambers 53 Islington Park Street London N1 1QB

Date: .............................................

CLIENT APPROVAL CERTIFICATE

I approve the financial statements and confirm that I have made available all relevant records and information for their preparation.

........................................................................ OPP School Date: .............................................

Page 2

OAKFIELD PRE-SCHOOL PLAYGROUP

TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020

Income
Fees
Grants Received
Cost of sales
Nursery cost
GROSS PROFIT
Expenditure
Rent,Rates& Service Charges
Subscriptions
Wages
Pensions
.Telephone,Internet & Website
Accountancy
NET PROFIT
31.12.20
£
64,889
19,689
2,812
843
47,733
679
596
150
£
84,578
4,282
80,296
52,813
27,483
31.12.19
£
77,944
-
9,684
-
48,425
668
506
1,650
£
77,944
3,155
74,789
60,933
13,856

Page 3

OAKFIELD PRE-SCHOOL PLAYGROUP

BALANCE SHEET

31 DECEMBER 2020

FIXED ASSETS
Fixtures and fittings
CURRENT ASSETS
Bank account no. 1
CURRENT LIABILITIES
Trade creditors
Creditors & Accruals
NET ASSETS
FINANCED BY
CAPITAL ACCOUNT
Brought forward
Add
Net profit
31.12.20
£
77,920
77,920
900
1,869
2,769
47,763
27,483
£
95
75,151
75,246
75,246
75,246
31.12.19
£
50,359
50,359
-
2,691
2,691
33,907
13,856
£
95
47,668
47,763
47,763
47,763

Page 4

OAKFIELD PRE-SCHOOL PLAYGROUP

TANGIBLE FIXED ASSETS SCHEDULE

31 DECEMBER 2020

Fixtures
and
fittings
£
COST
At 1 January 2020
and 31 December 2020 95
NET BOOK VALUE
At 31 December 2020 95
At 31 December 2019 95

Page 5