## **Funfishers Out of School Club**
**(Charity Registration Number 1037734)**
# **Trustees Annual Report & Financial Statements for the year ended**
## **31st March 2022**
Charity accounts preparation & independent examination service
## **Funfishers Out of School Club**
**(Charity Registration Number 1037734)**
## **Contents**
|**Index**|**Page**|
|---|---|
|**Annual Report of the Trustees**|**1**|
|**Independent Examiners Report**|**4**|
|**Statement of Financial Activities**|**5**|
|**Balance Sheet**|**6**|
|**Statement of Cash Flows**|**7**|
|**Notes to the Accounts**|**8**|
## **Trustees' Annual Report**
**From:** 1st April 2021 **To:** 31st March 2022
**Charity's full name** Funfishers out of school Club
**Registered Charity number** 1037734
## **Objectives and activities**
## **Summary of the purposes of the charity set out in its governing document**
Our primary aim is to provide good quality childcare that is affordable for families in this community, and to attract and maintain an excellent team who in turn provide excellent service. We will consider proposals for growth within our budget and continue to maintain and enhance our premisis and equipment to ensure we offer a play environment that is fun but safe and secure to enjoy the latest technology and areas of exploration both indoors and out.
## **Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts**
We provide sessional out of school childcare for children aged 9 Months to 11 years old. The sessional care is provided through: Breakfast Club, Playgroup, Afterschool Club, Holiday Club and Babycare. We offer play and learning in an environment that bencourages creativity, critical thinking, physical challenges and exploration. Staff are highly trained in EYFS and playwork to ensure resources and assessments are carried out to the highest standards that Ofsted and the LA require. We also provide CPD for staff to develop and challenge themselves within the environment and for the children in our care. We have developed to provide flexible childcare that the community demandsin the everchanging world of parents' / carers' working environment. We offer the Government schemes for 2 year pathfinder 3 to 4 year old 15 hours and 30 hours entitlements.
The trustees consider that they have complied with their duties to have due regard to the public benefit guidance published by the Charity Commission.
## **Achievements and performance**
## **Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.**
During the period of time that has seen the world face a global pandemic; the setting has managed to continue to provide flexible childcare in a stimulating and nurturing environment for children aged 9months to 11years including children that have additional needs, are vulnerable or within the care sector. The setting has adapted the way that it works to ensure that the provision can still be purposeful and enriching to fulfil the children learning potential. The setting has had a change in management due to unforeseen circumstances which has seen promotion of staff members and also the recruitment of a deputy manager. Three staff members are upping their skill and knowledge base by undertaking qualifications to a higher level (4 and 5) as well as an apprentice being well on the way to completing her course. The manager has completed ELKLAN training and joined the ETFY initiative to support children with speech, language and communication needs. We have begun implementing this through ELKLAN level 3 and aim to complete the ETFY 3 stages to gain communication friendly status.
## **Financial review**
## **Review of the charity’s financial position at the end of the period**
This year has seen the setting have more of a positive view over the finances, with a surplus at the end of the year of £25,274. The previous 2 years has seen the setting have a small loss, so it is lovely to see this turnaround and hold positive views for the future post COVID.
1
## **Statement explaining the policy for holding reserves stating why they are held**
We hold reserves to ensure that in the unfortunate event that the club should have to shut down at short notice or through insolvensy we would carry enough to do this in an orderly way to care for our benaficiaries. Our reserves policy is important as it shows the public and funders that we have clarity and openess for holding resereves and to avoid misrpresentation on the clubs financial position. Reserves from time to time can be restricted for the sole use in an event or other opportunities and commitments to the future sustainability of the club may be needed. Designated reservers can be used to save for large scale projects and further charitable purposes.
## **Amount of reserves held**
## **£107,939**
## **Reasons for holding zero reserves N/A**
## **Funds materially in deficit**
None
## **Explanation of any uncertainties about the charity continuing as a going concern**
N/A
## **Structure, governance and management**
## **Description of the charity's trusts**
**Type of governing document** Constitution
**How the charity is constituted** Unincorporated Association
**Trustee selection methods including** Trustees recruited at AGM July then Ofsted clearance for DBS. Chairperson, Treasurer **details of any constitutional** and Secretary elected at AGM in July **provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees**
## **Reference and administration details**
**Charity's full name** Funfishers out of School Club
**Other names the charity is known by** Funfishers **Charity’s principal address** Fishergate School 21 Escrick Street, Fishergate York
Postcode YO10 4AP
2
**Names of the trustees who manage the charity**
|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body) entitled to appoint trustee (if**
**any)**|
|---|---|---|---|
|Miss Ella Lorena Lopez
1/09/2021- 31/03/2022
Mr Nino Grillo
1/04/2021-1/11/2021
Miss Joanne Mahon
1/09/2021- 31/03/2022
Ms Mickey Finn
Ms Andrea Santi
1/04/2021-1/11/2021
Ms Stephanie Leeman
Treasurer
All year leaving May 22
Mrs Emma Marshall
Secretary
Mr Ian Stokes
Chair||||
## **Names and addresses of advisers**
**Type of adviser Name Address Independent Examiner** Karen Wood ACMA Outsource Accounting Services and Independent Examinations The Hiscox Building, Peasholme Green York, YO1 7PR
## **Bankers**
## **Name of chief executive or names of senior staff members**
Katie Hatfield
## **Declaration**
**The trustees declare that they have approved the Trustees Annual Report and Accounts**
**Signed on behalf of the charity's trustees**
> **Signature** Istokes **Full Name** Mr Ian Stokes **Position** Chair **Date** 06/05/2022
3
## **Independent examiner’s report to the trustees of Funfishers Out of School Club**
I report on the accounts of: **Funfishers Out of School Club (the Charity)** for the year ended: **31st March 2022** which are set out on pages 5 to 14 .
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I 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 I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I a member of The Chartered Institute of Management Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
- 2 the accounts do not accord with those records
- 3 the accounts do 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 ‘true 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.
**Karen Wood (ACMA)** Outsource independent examination service
29/06/2022
**Date:**
The Hiscox Building Peasholme Green York YO1 7PR
4
## **Funfishers Out of School Club**
(Charity Registration Number 1037734)
## **Statement of Financial Activities for the year ended:**
## **31st March 2022**
|**Note**
**Income and endowments from:**
Donations and legacies
3.1
Charitable activities
3.2
Investments
3.3
Other
3.4
**Total income**
**3**
**Expenditure on:**
Raising funds
4.1
Charitable activities
4.2
**Total expenditure**
**4**
**Net income/(expenditure)**
**Gross transfers between funds**
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|**Note**
**Income and endowments from:**
Donations and legacies
3.1
Charitable activities
3.2
Investments
3.3
Other
3.4
**Total income**
**3**
**Expenditure on:**
Raising funds
4.1
Charitable activities
4.2
**Total expenditure**
**4**
**Net income/(expenditure)**
**Gross transfers between funds**
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**Restricted**
**Total**
**Total**
**funds**
**funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
6,059
100
6,159
12,344
216,038
-
216,038
133,588
7
-
7
34
19,324
-
19,324
50,034|
|---|---|---|
|||**241,428**
**100**
**241,528**
**196,000**|
|||-
-
-
68
216,154
-
216,154
205,199|
|||**216,154**
**-**
**216,154**
**205,267**|
||||
|||**25,274**
**100**
**25,374**
**(9,267)**|
|||-
-
-
-|
|||**25,274**
**100**
**25,374**
**(9,267)**|
|||82,665
2,546
85,211
94,478|
|||**107,939**
**2,646**
**110,585**
**85,211**|
5
## **Funfishers Out of School Club**
(Charity Registration Number 1037734)
## **Balance Sheet as at: 31st March 2022**
|**Note**
**Fixed Assets**
Tangible assets
**7.1**
**7**
**Current Assets**
Cash at bank and in hand
Debtors & prepayments
**8**
**Current Liabilities: Amounts falling due**
**within one year**
Creditors and accruals
**9**
**Funds of the Charity**
**10**
Unrestricted Funds (General)
Restricted Funds
**10**
**Total Fixed Assets**
**Net Current Assets/(Liabilities)**
**Total Current Assets**
**Total Funds Carried Forward**
**Net Assets/(Liabilities)**|**2022**
**£**
11,172
**11,172**
100,323
1,955
**102,278**
(2,865 )
**99,413**
**110,585**
107,939
2,646
**110,585**|**2021**
**£**
12,768|
|---|---|---|
|||**12,768**|
|||80,372
722|
|||**81,094**|
|||(8,651)|
|||**72,443**|
||||
|||**85,211**|
|||82,665
2,546|
|||**85,211**|
The financial statements were approved by the trustees and signed on their behalf by:
Mr Ian Stokes 28/06/2022
6
## **Funfishers Out of School Club**
## **Statement of Cash Flows for the year ended: 31st March 2022**
|**Cash flows from operating activities**
**Net income/(expenditure) for the year**
**Add:**Depreciation for the year
**Working capital changes**
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Cash flows used in investing activities**
**Purchase of fixed assets**
**Change in cash and cash equivalents in the year**
Cash and cash equivalents at 1 April 2021
**Cash and cash equivalents at 31 March 2022**
**Net cash provided by/(used in) operating activities**|**Total**
**2022**
**£**
25,374
1,596|**Total**
**2021**
**£**
(9,267 )
3,037|
|---|---|---|
||(1,233 )
(5,786 )|2,609
3,439|
||**19,951**|**(182)**|
||-
19,951
80,372|-
(182 )
80,554|
||100,323|80,372|
7
## **Funfishers Out of School Club**
## **Notes to the accounts for the year ended:**
## **31st March 2022**
## **1.1 Basis of accounting**
The financial statements are prepared under the historical cost convention and the 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 (Charities SORP (FRS 102)).
## **1.2 Change of basis of accounting**
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.
## **1.3 Change to previous accounts**
No changes have been made to accounts for previous years.
## **Accounting policies**
## **Income**
## **Recognition of income**
Income is recognised in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
- receipt is probable; and
- the monetary value can be measured with sufficient reliability.
## **Incoming resources with related expenditure**
Where incoming resources have related expenditure, the incoming resources and related expenditure are reported gross in the SoFA.
## **Grants and donations**
Grants and donations are only included in the SoFA when the charity has evidence of entitlement to the resources and receipt is probable.
## **Volunteer help**
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.
8
## **Expenditure and Liabilities**
## **Expenditure**
## **Raising funds**
Cost of raising funds comprise those costs associated with attracting voluntary income.
## **Charitable activities**
Charitable activities expenditure comprises those costs incurred by the charity in the delivery of its activities and services. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Liability recognition**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## **Assets**
## **Tangible fixed assets for use by the charity**
These are capitalised if they can be used for more than one year and cost at least £750. They are valued at cost or, if gifted, at the value to the charity on receipt, less depreciation.
## **Fund accounting**
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are funds which can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor.
9
(Charity Registration Number 1037734)
## **Funfishers Out of School Club**
## **Notes to the accounts for the year ended: 31st March 2022**
## **3 Income and endowments**
|**3.1**
**3.2**
Fees
**3.3**
**3.4 Other**
Milk refund
Grants
**Donations and legacies**
Donations & fundraising
Dragonfishers hub partnership
**Charitable activities**
**Total income**
**Investments**
Bank interest
NEG funding (3&4 year olds)
NEG funding (2 year olds)
Apprentice incentive
Sundry income
JRS Grant
Pupil premium|**Unrestricted**
**funds**
**£**
-
6,059
-|**Restricted**
**funds**
**£**
-
-
100|**Total**
**2022**
**£**
-
6,059
100
6,159
131,270
53,645
23,531
6,984
608
216,038
7
-
**7**
1,372
250
17,702
**19,324**
**241,528**|**Unrestricted**
**funds**
**£**
30
12,214
-|**Restricted**
**funds**
**£**
-
-
100|**Total**
**2021**
**£**
30
12,214
100|
|---|---|---|---|---|---|---|
||**6,059**|**100**||**12,244**|**100**|12,344|
||131,270
53,645
23,531
6,984
608|-
-
-
-
-||56,603
57,595
17,059
1,831
500|-
-
-
-|-
56,603
57,595
17,059
1,831
500|
||**216,038**|**-**||**133,588**|**-**|**133,588**|
||7|-||34|-|34
-|
||**7**|**-**||**34**|**-**|**34**|
||1,372
250
17,702|-
-
-||735
169
49,130|-
-
-|-
735
169
49,130|
||**19,324**|**-**||**50,034**|**-**|**50,034**|
||||||||
||**241,428**|**100**||**195,900**|**100**|**196,000**|
10
## **4 Expenditure**
|**4.1**
**4.2**
Telephone, heating & lighting
Repairs, renewals & maintenance
Cleaning & consumables
Building work & improvements
Equipment costs
**Total expenditure**
**Raising funds**
Bank charges
Salaries
Staff training & other costs
IE fees
Depreciation
Milk & refreshments
Activities & outings
Insurance costs
Membership & subscriptions
Rent
Stationery & printing costs
**Charitable activities**
Advertising & publicity
Play materials & equipment|**Unrestricted**
**funds**
**£**
-
171,737
1,778
2,772
11,517
222
915
2,100
5,614
1,119
3,737
1,042
10,649
-
944
-
400
1,596
12
**216,154**
**216,154**|**Restricted**
**funds**
**£**|**Total**
**2022**
**£**
-
171,737
1,778
2,772
11,517
222
915
2,100
5,614
1,119
3,737
1,042
10,649
-
944
-
400
1,596
12
**216,154**
**216,154**|**Unrestricted**
**funds**
68
170,243
1,973
1,740
4,961
-
1,174
1,970
5,300
1,493
3,024
1,427
7,683
-
703
71
400
3,037
-
**205,199**
**205,267**|**Restricted**
**funds**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**
**-**|**Total**
**2021**
**£**|
|---|---|---|---|---|---|---|
|||-||||68|
|||-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-||||170,243
1,973
1,740
4,961
-
1,174
1,970
5,300
1,493
3,024
1,427
7,683
-
703
71
400
3,037
-|
|||**-**||||**205,199**|
||||||||
|||**-**||||**205,267**|
11
## **5 Expenses & fees**
No trustees received a remuneration for services rendered during the year, nor were any trustees' out of pocket expenses reimbursed.
## **5.1 Fees for examination of the accounts**
|**5.1 Fees for examination of the accounts**
Independent Examiner's fees for reporting on the accounts
**6 Staff costs and emoluments**
Gross salaries
Employers National Insurance
Pension Contributions
Average number of employees (full time equivalent)|**2022**
**£**
**400**
**2022**
**£**
159,078
10,026
2,633
**171,737**
**10**|**2021**
**£**|
|---|---|---|
|||**400**|
|||**2021**
**£**
158,097
9,065
3,081|
|||**170,243**|
||||
|||**10**|
No employee received remuneration in excess of £60,000 (2020: Nil)
## **7 Fixed assets**
|Additions in year
Disposals in year
Charge for the year
At 31st March 2022
**Net Book Value**
At 1st April 2021
At 31st March 2022
**Depreciation**
At 31st March 2021
At 31st March 2020
**7.1 Tangible fixed assets**
**Cost or valuation**
At 1st April 2021|**Equipment**
**£**
16,301
-
-|**Property &**
**renevations**
**£**
15,960
-
-
**15,960**
**£**
3,192
1,596
**4,788**
**£**
**11,172**
**12,768**|**Total**
**£**
32,261
-
-|
|---|---|---|---|
||**16,301**||**32,261**|
||**£**
16,301
-||**£**
19,493
1,596|
||**16,301**||**21,089**|
||**£**||**£**|
||**-**||**11,172**|
|||||
||**-**||**12,768**|
**8 Debtors and prepayments**
|**Debtors and prepayments**
Debtors
Prepayments|**2022**
**£**
1,412
543|**2021**
**£**
485
237|
|---|---|---|
||**1,955**|**722**|
12
|**9 Creditors and accruals**
**Analysis of creditors falling due within one year**
Tax and NI
Independent examiner's fee
Trade Creditors
Deferred income|**2022**
**£**
1,812
653
-
400|**2021**
**£**
2,287
702
5,262
400|
|---|---|---|
||**2,865**|**8,651**|
## **10 Movement of funds**
## **10.1 Movement of major funds**
|**2022**
**Total Funds**
**2021**
**Total Funds**
**Fund name**
**Unrestricted funds (General)**
General unrestricted funds
Dragonfishers Hub Partnership
Dragonfishers Hub partnership
**Fund Name**
**Unrestricted Funds (General)**
General Unrestricted funds
**Restricted Funds**
**Restricted Funds**|**Balance**
**b/fwd**
82,665|**Incoming**
**resources**
241,428|**Outgoing**
**resources**
216,154|**Transfers**
-
-
-
**-**
**Transfers**
-
-
-
-
**-**|**Balance**
**c/fwd**
107,939|
|---|---|---|---|---|---|
||82,665|241,428|216,154||**107,939**|
|||||||
||2,546|100|-||**2,646**|
|||||||
||**85,211**|**241,528**|**216,154**||**110,585**|
||**Balance**
**b/fwd**
92,032|**Incoming**
**resources**
195,900|**Outgoing**
**resources**
205,267||**Balance**
**c/fwd**
82,665|
||92,032|195,900|205,267||82,665|
||2,446|100|-||2,546|
||2,446|100|-||2,546|
|||||||
||**94,478**|**196,000**|**205,267**||**85,211**|
13
## **10.2 Details of Funds Held**
## **Unrestricted Funds (General)**
The General fund is unrestricted and available for the general purposes Funfishers out of School Club.
## **Restricted Funds**
The restricted funds are only available for the purposes specified for each fund, which are:
## **Dragonfishers Hub Partnership**
Fund from CYC to pay for partnership expenses
## **11 Net assets between funds**
|Current assets
**Balances at 31st March 2022**
Fixed assets
Fixed assets
Current assets
**Balances at 31st March 2021**
Current liabilities
Current liabilities|**Unrestricted**
**Funds**
**£**
11,172
99,632
(2,865 )|**Restricted**
**Funds**
**£**
-
2,646|**Total**
**2022**
**£**
11,172
102,278
(2,865)
-|
|---|---|---|---|
||**107,939**|**2,646**|**110,585**|
||**Unrestricted**
**Funds**
**£**
12,768
78,548
(8,651 )|**Restricted**
**Funds**
**£**
-
2,546|**Total**
**2021**
**£**
12,768
81,094
(8,651)
-|
||**82,665**|**2,546**|**85,211**|
14