KIMBOLTO ERY GROU STATE ACC NT OR THE R T 31ST DEC 2022 2022 021 REVENUES FEES- Parentslgu8rdians' ContsiltiOns Herefordshlre Coundl Toddlerfs inGom8 21779.00 58257.07 18564.97 62218.88 80036.07 80783.85 OTHER INCOME- Grants recelved Fundraising inc[LIng CDmmlsslon Dn photowap Bank Interest recelved Donations 900 12328 100 123.28 80159.35 1000 81783.85 TOTAL REVENUES EXPENSES Wages & Tralnlng Materials & equipment New shedllaptop elc Rent- Heref0rdshI Coundl Professlonai Fees Insurance Mlsc Costs Trips {net COSt) Telephone- Hereford Council sub8criplion8 M8inlenanGdrepalrs Breakfast Clublchlld¢a Sundries 69507.85 6383.4 826.79 600 1360.13 454.78 138 80860.78 7885.29 369 300 1430 361.89 100 85 505.98 TOTAL EXPENSES 79918.98 71391.64 NET suKfiLUSI DEFICI 240.37 10392.21 ER AT START OF YEAR 71020.55 60S28.34 £71,260.92 £71,020.55 EPRESENTED B DEBTORS NATIONWIDE SAVINGS ACCOUNT LLOYDS TSB CURRENT ACCOUNT PErrY CASH 71342.53 168.39 71787.79 30.32 71510.92 -250 71818.11 -797.56 LESS: CREDITORS £71,260.92 £7q,020.55
REGISTERED CHARITY NUMBER: 1055842
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 FOR KIMBOLTON NURSERY GROUP
Cole & Co 4 The Sheepcote Monks Orchard Lumber Lane, Lugwardine Hereford Herefordshire HR1 4AG
KIMBOLTON NURSERY GROUP
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 to 7 |
| Detailed Statement of Financial Activities | 8 |
KIMBOLTON NURSERY GROUP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1055842
Principal address
St James Nursery Group Kimbolton Leominster HR6 0HQ
Trustees
Independent examiner
Cole & Co 4 The Sheepcote Monks Orchard Lumber Lane, Lugwardine Hereford Herefordshire HR1 4AG
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
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.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................. Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KIMBOLTON NURSERY GROUP
I report on the accounts for the year ended 31 December 2022, which are set out on pages three to seven.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
My role is to state whether any material matters have come to my attention giving me cause to believe:
-
that accounting records were not kept as required by section 130 of the Act; or
-
that the accounts do not accord with those records; or
-
that the accounts do not comply with the accounting requirements of the Act; or
-
that there is further information needed for a proper understanding of the accounts.
Independent examiner's statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.
Michael Cole Cole & Co 4 The Sheepcote Monks Orchard Lumber Lane, Lugwardine Hereford Herefordshire HR1 4AG
Date: .............................................
Page 2
KIMBOLTON NURSERY GROUP
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| 2022 Unrestricted fund Notes £ INCOMING RESOURCES Incoming resources from generated funds Voluntary income 80,159 RESOURCES EXPENDED Costs of generating funds Costs of generating voluntary income 2 72,176 Fundraising trading: cost of goods sold and other costs 6,383 Governance costs 1,360 Total resources expended 79,919 NET INCOMING RESOURCES 240 RECONCILIATION OF FUNDS Total funds brought forward 71,021 TOTAL FUNDS CARRIED FORWARD 71,261 |
2021 Total funds £ 81,785 62,077 7,885 1,430 71,392 10,393 60,628 71,021 |
|---|---|
The notes form part of these financial statements
Page 3
KIMBOLTON NURSERY GROUP
BALANCE SHEET AT 31 DECEMBER 2022
| 2022 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank and in hand 71,511 CREDITORS Amounts falling due within one year 5 (250) NET CURRENT ASSETS 71,261 TOTAL ASSETS LESS CURRENT LIABILITIES 71,261 NET ASSETS 71,261 FUNDS 6 Unrestricted funds 71,261 TOTAL FUNDS 71,261 |
2021 Total funds £ 71,818 (797) 71,021 71,021 71,021 71,021 71,021 |
|---|---|
The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 4
KIMBOLTON NURSERY GROUP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
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 when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
RESOURCES EXPENDED
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost 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.
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 restricted 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.
HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
2. COSTS OF GENERATING VOLUNTARY INCOME
| Staff costs Rent Insurance Telephone Sundries Support costs |
2022 £ 69,508 600 455 - 280 1,333 72,176 |
2021 £ 60,861 300 362 100 85 369 62,077 |
|---|---|---|
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Page 5
KIMBOLTON NURSERY GROUP
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022
| 4. | STAFF COSTS | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| Wages and salaries | 69,508 | 60,861 | ||
| The average monthly number of employees during the year was as follows: | 2022 - |
2021 - |
||
| No employees received emoluments in excess of £60,000. | ||||
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| Other creditors | 2022 £ 250 |
2021 £ 797 |
||
| 6. | MOVEMENT IN FUNDS | |||
| Unrestricted funds | At 1.1.22 £ |
Net movement in funds £ |
At 31.12.22 £ |
|
| General fund | 71,021 | 240 | 71,261 | |
| TOTAL FUNDS | 71,021 | 240 | 71,261 | |
| Net movement in funds, included in the above are as follows: | ||||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
|
| General fund | 80,159 | (79,919) | 240 | |
| TOTAL FUNDS | 80,159 | (79,919) | 240 | |
Page 6
KIMBOLTON NURSERY GROUP
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022
6. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||||
|---|---|---|---|---|
| movement in | ||||
| At 1.1.21 | funds | At 31.12.21 | ||
| £ | £ | £ | ||
| Unrestricted Funds | ||||
| General fund | 60,628 | 10,393 | 71,021 | |
| TOTAL FUNDS | 60,628 | 10,393 | 71,021 | |
| Comparative net movement in funds, included in the above are as follows: | ||||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
|
| General fund | 81,785 | (71,392) | 10,393 | |
| TOTAL FUNDS | 81,785 | (71,392) | 10,393 | |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds | At 1.1.21 £ |
Net movement in funds At 31.12.22 £ £ |
|---|---|---|
| General fund | 60,628 | 10,633 71,261 |
| TOTAL FUNDS | 60,628 | 10,633 71,261 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources Movement in resources expended funds £ £ £ |
|---|---|
| General fund | 161,944 (151,311) 10,633 |
| TOTAL FUNDS | 161,944 (151,311) 10,633 |
Page 7
KIMBOLTON NURSERY GROUP
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| INCOMING RESOURCES Voluntary income Donations Grants Fundraising Parents/guardians contribution Total incoming resources RESOURCES EXPENDED Costs of generating voluntary income Wages Rent Insurance Telephone Sundries Fundraising trading: cost of goods sold and other costs Materials and equipment Governance costs Accountancy and bookkeeping Support costs Information technology Repairs and renewals Total resources expended Net income |
2022 £ - 58,257 123 21,779 80,159 80,159 69,508 600 455 - 280 70,843 6,383 1,360 1,333 79,919 240 |
2021 £ 100 63,119 - 18,566 81,785 81,785 60,861 300 362 100 85 61,708 7,885 1,430 369 71,392 10,393 |
|---|---|---|
This page does not form part of the statutory financial statements
Page 8
4 The sheeFte Monks Orchard Lumber Lane Lugwardine Hereford HR1 4AG ole co ered certified accountants Michael Cole FCCA 20" October 2023 Kimbolton Nursery Group Kimbolton Leominster Herefordshire HR60HQ KIMBOLTON NURSERY GROUP CHARITY NO 1055842 EXAMINERS REPORT I have examined the books and records of the Nursery Group for the year endlng 31" December 2022 and confirm that the atcounts are in accordance with those books and records and present a true and fair view of the income and expenditure for the year. MSchael Cole FCCA COLE & CO www.coleaccountants.co.uk t.. 01432 853125 e: info@coleaccountants.co.uk
OLTO NURSERY STA R Tr5E 18584.97 6221&8B Toddl8¢s Inwn& .07 OThER INCOME- on phokgraphs 100 12328 8M5925 1000 81783,85 TOTALREQEMES Waw &Tfalt Materith & ewlpnwrt New$he0P eb eom70 3LKI 1430 381.59 136Q13 T Inete< Talaphone. Here Sthjucriptions MalnterAncelrep£trs BreakFast ClublchVdeAre 100 TOTAL EXPENSES Ta91&98 71301.64 EFIC 240. 11)39221 ERYF ATSTAi¥r 711MI.55 80828.34 £713$92 £71020. DE8TORS TIoNwIDEVINACCQur LLOYDS TSB CUFIRWACCOUI 7134153 188.39 71787.79 30.32 71511192 -250 71B18.11 -797.58 LESS: CREDrroRS £7128OX2 71020.55