WINGRAVE PRE-SCHOOL ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2020
SRL ACCOUNTING LIMITED
Unit 7a Waterside Business Park Waterside Chesham Buckinghamshire HP5 1PE
Wingrave Pre-School Accountant's Report For The Year Ended 31 August 2020
In accordance with the engagement letter, and in order to assist you to fulfil your duties under section 43(3) (a) of the Charities Act and general directions given by the Charity Commission. We have compiled the financial statements of the charity from the accounting records and information and explanations you have given to us.
We believe the accounting records have been kept in accordance with the requirements of Section 41 of the 1993 Charities Act.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
SRL Accounting Ltd
14[TH] April 2021
SRL ACCOUNTING LIMITED Unit 7A Waterside Business Park Waterside Chesham Buckinghamshire HP5 1PE
Page 1
Wingrave Pre-School Income and Expenditure Account For The Year Ended 31 August 2020
| Notes TURNOVER Cost of sales GROSS SURPLUS Administrative expenses OPERATING (DEFICIT)/SURPLUS Other interest receivable and similar income Interest payable and similar charges (DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR The notes on pages 7 to 8 form part of these financial statements. |
2020 £ 106,217 (93,564 ) 12,653 (20,867 ) (8,214 ) - - (8,214 ) |
2019 £ 123,811 (97,239 ) |
|---|---|---|
| 26,572 (20,354 ) |
||
| 6,218 56 (8 ) |
||
| 6,266 | ||
Page 2
Wingrave Pre-School Balance Sheet As at 31 August 2020
| Notes FIXED ASSETS Tangible Assets 3 CURRENT ASSETS Debtors 4 Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 5 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS RESERVES Revaluation reserve 6 Income and Expenditure Account MEMBERS' FUNDS |
2020 £ £ - - 168 74,414 74,582 (7,835 ) 66,747 66,747 66,747 79,500 (12,753 ) 66,747 |
2020 £ £ - - 168 74,414 74,582 (7,835 ) 66,747 66,747 66,747 79,500 (12,753 ) 66,747 |
2019 £ £ 1,100 1,100 5,136 74,467 79,603 (5,742 ) 73,861 74,961 74,961 79,500 (4,539 ) 74,961 |
2019 £ £ 1,100 1,100 5,136 74,467 79,603 (5,742 ) 73,861 74,961 74,961 79,500 (4,539 ) 74,961 |
|---|---|---|---|---|
| - 66,747 |
1,100 73,861 |
|||
| 74,582 (7,835 ) |
79,603 (5,742 ) |
|||
| 66,747 | 74,961 | |||
| 66,747 | 74,961 | |||
| 79,500 (12,753 ) |
79,500 (4,539 ) |
|||
| 66,747 | 74,961 |
Page 3
Wingrave Pre-School Notes to the Financial Statements For The Year Ended 31 August 2020
3. Tangible Assets
| Cost As at 1 September 2019 As at 31 August 2020 Depreciation As at 1 September 2019 Provided during the period As at 31 August 2020 Net Book Value As at 31 August 2020 As at 1 September 2019 4. Debtors Due within one year Trade debtors 5. Creditors: Amounts Falling Due Within One Year PAYE/NIC and Pension Net wages Pension Accruals and deferred income 6. Reserves As at 1 September 2019 As at 31 August 2020 |
2020 £ 168 168 2020 £ 5,809 586 - 1,440 7,835 |
Fixtures & Fittings £ 3,235 |
|---|---|---|
| 3,235 | ||
| 2,135 1,100 |
||
| 3,235 | ||
| - | ||
| 1,100 | ||
| 2019 £ 5,136 |
||
| 5,136 | ||
| 2019 £ 3,036 - (174 ) 2,880 |
||
| 5,742 | ||
| Reserve £ 79,500 79,500 |
Page 4
Wingrave Pre-School Detailed Income and Expenditure Account For The Year Ended 31 August 2020
| TURNOVER Childcare Funded childcare - Buck CC Company Childcare Vouchers Other Funding Other income Uniform income COST OF SALES Opening stock - materials Direct Cost -Learning Materials Wages and salaries Employers pensions - defined contribution schemes Other direct costs GROSS SURPLUS Administrative Expenses Travel and subsistence expenses Rent Light and heat Water rates Cleaning and waste Computer and IT repairs and maintenance Repairs, renewals and maintenance Insurance Printing, postage and stationery General Costs Advertising and marketing costs Training seminars and workshops Telecommunications and data costs Accountancy fees Consultancy and professional fees Subscriptions Bookkeeping fees Bad debts written off |
2020 £ £ 29,875 75,847 - - 208 287 106,217 - 3,661 88,178 816 909 (93,564 ) 12,653 88 2,500 1,604 472 1,411 289 1,038 769 2,104 787 - 404 1,353 2,600 773 854 850 1,183 |
2020 £ £ 29,875 75,847 - - 208 287 106,217 - 3,661 88,178 816 909 (93,564 ) 12,653 88 2,500 1,604 472 1,411 289 1,038 769 2,104 787 - 404 1,353 2,600 773 854 850 1,183 |
2019 £ £ 39,383 81,535 1,159 1,213 521 - 123,811 750 4,212 87,936 635 3,706 (97,239 ) 26,572 71 2,500 1,201 379 1,656 203 713 760 483 859 50 1,340 618 1,915 5,354 437 - - ...CONTINUED |
|---|---|---|---|
| 106,217 (93,564 ) |
|||
| 88 2,500 1,604 472 1,411 289 1,038 769 2,104 787 - 404 1,353 2,600 773 854 850 1,183 |
71 2,500 1,201 379 1,656 203 713 760 483 859 50 1,340 618 1,915 5,354 437 - - |
||
| 12,653 |
Page 5
Wingrave Pre-School Detailed Income and Expenditure Account (continued) For The Year Ended 31 August 2020
| Depreciation Entertaining Sundry expenses OPERATING (DEFICIT)/SURPLUS Other interest receivable and similar income Bank interest receivable Interest payable and similar expenses Bank interest payable (DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR |
1,100 688 - |
(20,867 ) |
1,067 746 2 |
(20,354 ) |
|---|---|---|---|---|
| - | 56 | |||
| (8,214) - - |
6,218 56 (8) |
|||
| - | 8 | |||
| (8,214 ) | 6,266 |
Page 6