KIMBOLTO ERY GROU STATE ACC NT OR THE R T 31ST DEC 2022 2022 021 REVENUES FEES- Parentslgu8rdians' Contsil￿tiOns Herefordshlre Coundl Toddlerfs inGom8 21779.00 58257.07 18564.97 62218.88 80036.07 80783.85 OTHER INCOME- Grants recelved Fundraising inc[L￿Ing 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: 1. that accounting records were not kept as required by section 130 of the Act; or 2. that the accounts do not accord with those records; or 3. that the accounts do not comply with the accounting requirements of the Act; or 4. 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 sheeF￿te 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$he￿￿0P eb eom70 3LKI 1430 381.59 136Q13 T￿ Inete<￿ Talaphone. Here￿ Sthjucriptions MalnterAncelrep£trs BreakFast ClublchVdeAre 100 TOTAL EXPENSES Ta91&98 71301.64 EFIC 240. 11)39221 ERYF ATSTAi¥r 711MI.55 80828.34 £713$￿92 £71020. DE8TORS TIoNwIDE￿VIN￿ACCQu￿r LLOYDS TSB CUFIRWACCOUI 7134153 188.39 71787.79 30.32 71511192 -250 71B18.11 -797.58 LESS: CREDrroRS £7128OX2 71020.55