REGISTERED CHARITY NUMBER: 1047454
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 FOR COTGRAVE KIDS CLUB**
**COTGRAVE KIDS CLUB FOR THE YEAR ENDED 31 AUGUST 2022**
||**Page**|
|---|---|
|Charity Information|1|
|Report of the Trustees|2|
|Independent Examiner’s Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6 to 9|
|Detailed Statement of Financial Activities|10|
**COTGRAVE KIDS CLUB FOR THE YEAR ENDED 31 AUGUST 2022**
## **CHARITY INFORMATION**
|Charity Name:|Cotgrave Kids Club|
|---|---|
|Charity Number :|1047454|
|Charity’s Principal Address:|Cotgrave Kids Club|
||Candleby Lane School|
||Candleby Lane|
||Cotgrave|
||Nottingham|
||NG12 3JG|
|Accountants:|Fouette Accountancy Solutions Limited|
||White Rose House|
||5 Walnut Grove|
||Cotgrave|
||Nottingham|
||NG12 3AU|
|Registered Office Address:|As above|
|Trustees:|Miss Claire Morgan|
||Mrs Julie Hallcro|
||Mr Neil Robinson|
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**COTGRAVE KIDS CLUB FOR THE YEAR ENDED 31 AUGUST 2022**
## **REPORT OF THE TRUSTEES**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The charity is governed by its constitution adopted on the 20[th] October 1994 as amended on the 6[th] April 1995 and on the 4[th] February 2002. Trustees are proposed by the parents prior to the AGM then selected by the committee at the AGM.
## **Risk Management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Policies and procedures with regard to health and safety, hygiene, staffing requirements, educational activities and finance are reviewed annually. There are also regular visits by council officials and OFFSTED.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objectives of the charity are to provide the necessary activities for the daily care, recreation and education of children during out of school hours and school holidays, and also to advance the education and training of the individuals involved in the provision of such care, education and recreational activities.
In planning our activities for the year we kept in mind the Charity Commission’s guidance on public benefit at our trustee meetings.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The charity has continued to provide the facilities in accordance with its objectives during the year.
## **FINANCIAL REVIEW**
The charity had an excess of income over expenditure for the year of £7,547 (2021: £22,174 expenses over income). Reserves at the balance sheet date were £90,916 (2021: £83,369).
The charity has no investments although surplus funds are reviewed regularly in order to gain maximum rates of interest.
## **ON BEHALF OF THE BOARD:**
............................................. C Morgan - Chair
Date:
17 May 2023
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**COTGRAVE KIDS CLUB FOR THE YEAR ENDED 31 AUGUST 2022**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF**
## **COTGRAVE KIDS CLUB**
I report on the accounts for the year ended 31 August 2022 set out on pages four to nine.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is required.
It is my responsibility to:
- Examine the accounts under section 145 of the Charities Act
- Follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the Charities Act; and
- State whether particular matters have come to my attention.
## **Basis of the independent examiner’s report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanation from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) Which gives me reasonable cause to believe that, in any material respect, the requirements
- To keep accounting records in accordance with Section 130 of the Charities Act; and
- To prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
Have not been met or;
- (2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
K Seagrave FCA
Fouette Accountancy Solutions Limited
White Rose House, 5 Walnut Grove, Cotgrave, Nottingham, NG12 3AU
Date: 17 May 2023
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**COTGRAVE KIDS CLUB FOR THE YEAR ENDED 31 AUGUST 2022**
## **STATEMENT OF FINANCIAL ACTIVITIES**
|||**2022**|**2021**|
|---|---|---|---|
|||**Unrestricted Unrestricted**||
|||**Funds**|**Funds**|
||**Notes**|**£**|**£**|
|**INCOMING RESOURCES**||||
|**Incoming resources from generated funds**||||
|Voluntary income||**-**|-|
|Activities for generating funds|2|**-**|-|
|Investment income|3|-|-|
|**Incoming resources from charitable activities**||||
|Fee income||**137,032**|87,118|
|**Total incoming resources**||**137,032**|87,118|
|**RESOURCES EXPENDED**||||
|Fundraising costs||**-**|-|
|**Charitable activities**||||
|Direct costs and provision of charitable services||**1,927**|2,013|
|Food and refreshments||**2,627**|1,488|
|Staff costs|5|**111,310**|90,563|
|Premises costs||**8,628**|7,095|
|Governance costs||**4,993**|8,133|
|**Total resources expended**||**129,485**|**109,292**|
|||**______**|______|
|**NET INCOMING / (OUTGOING) RESOURCES**||**7,547**|(22,174)|
|**RECONCILIATION OF FUNDS**||||
|**Total funds brought forward**||**83,369**|105,543|
|||_____|**_____**|
|**TOTAL FUNDS CARRIED FORWARD**||**90,916**|83,369|
The notes form part of the financial statements
4
**COTGRAVE KIDS CLUB FOR THE YEAR ENDED 31 AUGUST 2022**
## **BALANCE SHEET**
|||**2022**|**2021**|
|---|---|---|---|
|||**Unrestricted**|**Unrestricted**|
|||**funds**|**funds**|
||**Notes**|**£**|**£**|
|**FIXED ASSETS**||||
|Fixtures, fittings & equipment|6|**842**|960|
|**CURRENT ASSETS**||||
|Debtors|7|**2,082**|459|
|Cash at bank and in hand||**90,889**|85,525|
|||_____|_____|
|||**92,971**|85,984|
|**CREDITORS**||||
|Amounts falling due within one year|8|**(2,897)**|(3,575)|
|||_____|_____|
|**NET CURRENT ASSETS**||**90,074**|82,409|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**||**90,916**|83,369|
|||_____|_____|
|**NET ASSETS**||**90,916**|83,369|
|**FUNDS**||||
|Unrestricted funds|9|**90,916**|83,369|
|**TOTAL FUNDS**||**90,916**|83,369|
The financial statements were approved by the Board of Trustees on 17 May 2023 and signed on its behalf by:
......................................
C Morgan – Trustee
The notes form part of these financial statements
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**COTGRAVE KIDS CLUB FOR THE YEAR ENDED 31 AUGUST 2022**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Liability recognition**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## **Governance Costs**
Include costs of the preparation and examination of statutory accounts, the cost of trustee meetings and costs of any legal advice to trustees on governance or constitutional matters.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. ACTIVITIES FOR GENERATING FUNDS**
||**2022**|2021|
|---|---|---|
||**£**|£|
|Fundraising events|-|-|
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**COTGRAVE KIDS CLUB FOR THE YEAR ENDED 31 AUGUST 2022**
## **NOTES TO THE FINANCIAL STATEMENTS – CONTINUED**
## **3. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||**2022**|2021|
||**£**|£|
|Deposit account interest|-|-|
## **4. TRUSTEES’ REMUNERATION AND BENEFITS**
The chair of the trustees was not remunerated and received no other benefits in the year. One other trustee was remunerated £25,462 but did not receive any other benefits.
## **Trustees’ Expenses**
There were no trustees’ expenses paid for the year ended 31 August 2022, nor for the year ended 31 August 2021.
## **5. STAFF COSTS**
|**STAFF COSTS**|||
|---|---|---|
||**2022**|2021|
||**£**|£|
|Wages and salaries|**115,269**|119,476|
|Pension costs|**1,509**|1,484|
|Furlough grants|**(5,468)**|**(30,397)**|
|The average monthly number of employees|during the year was as follows:||
||**2022**|2021|
|Charitable activities|**9**|10|
|Governance|**1**|1|
||**_____**|_____|
||**10**|11|
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**COTGRAVE KIDS CLUB FOR THE YEAR ENDED 31 AUGUST 2022**
## **NOTES TO THE FINANCIAL STATEMENTS – CONTINUED**
|**6. **|**FIXED ASSETS**|**PLANT**|**LEASEHOLD IMP COMP EQUIP**|**LEASEHOLD IMP COMP EQUIP**|**TOTAL**|
|---|---|---|---|---|---|
||**Cost**|||||
||At 1 September 2021|3,557|900|1,748|6,205|
||Additions|162|-|-|162|
||Disposals|-|-|-|-|
|||_____|____|_____|______|
||At 31 August 2022|3,719|900|1,748|6,367|
|||_____|____|_____|______|
||**Depreciation**|||||
||At 1 September 2021|2,635|862|1,748|5,245|
||Charge for the year|271|9|-|
280|
||Eliminated in the year|-|-|-|-|
|||____|___|____|_____|
||At 31 August 2022|2,906|871|1,748|5,525|
|||____|___|____|_____|
||**Net Book Value**|||||
||At 1 September 2021|922|38|-|960|
|||__**___**|**___**|**____**|**____**|
||At 31 August 2022|**813**|**29**|**-**|**842**|
|||**_____**|**___**|**____**|**____**|
**7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors|**2022**
2021
**£**
£
**2,082**
459|
|---|---|
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**COTGRAVE KIDS CLUB FOR THE YEAR ENDED 31 AUGUST 2022**
## **NOTES TO THE FINANCIAL STATEMENTS – CONTINUED**
|**8.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|---|---|
||||**2022**|2021|
||||**£**|£|
||Trade creditors||**459**|1,543|
||Taxation and social security||**326**|478|
||Accruals||**2,112**|1,554|
||||_____|
_____|
||||**2,897**|3,575|
||||_____|
_____|
|**9.**|**MOVEMENT IN FUNDS**||**Net**||
||||**movement**||
|||**At 01.09.21**|**in funds**|**At 31.08.22**|
|||**£**|**£**|**£**|
||**Unrestricted funds**||||
||General fund|83,369|7,547|90,916|
||**TOTAL FUNDS**|**83,369**|**7,547**|**90,916**|
||Net movement in funds, included in the above are as follows:||||
|||**Incoming**|**Resources Movement in**||
|||**resources**|**expended**|**funds**|
|||**£**|**£**|**£**|
||**Unrestricted funds**||||
||General fund|137,032|129,485|7,547|
||**TOTAL FUNDS**||||
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**COTGRAVE KIDS CLUB FOR THE YEAR ENDED 31 AUGUST 2022**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOMING RESOURCES**
**Voluntary income**
Grant income
**Activities for generating funds**
Fundraising events
2
**Investment income**
Deposit account interest
3
**Incoming resources from charitable activities**
Fee income
**Total incoming resources**
**RESOURCES EXPENDED**
**Charitable activities**
Fundraising costs
Wages and staff costs
Direct costs of provision of charitable services
Food and refreshments
Premises costs
**Governance costs**
Office costs
Professional costs
**Total resources expended**
**Net (expenditure)/income**|**2022**
**£**
**-**
**-**
-
**137,032**
**137,032**
**-**
**111,310**
**1,927**
**2,627**
**8,628**
**124,492**
**2,061**
**2,932**
_____
**4,993**
_____
**129,485**
**7,547**|2021
£
-
-
-
87,118
87,118
**-**
90,563
2,013
1,488
7,095
101,159
1,878
6,255
_____
8,133
_____
109,292
**(22,174)**|
|---|---|---|
This page does not form part of the statutory financial statements
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