This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

PDF
Markdown

2020-12-31-accounts

		Page
Trustees' report
Reference and administrative	details
Structure, governance and management
Objectives and activities
Review ofachievements public benefit for the year
Financial review and results	for the year
Reserves policy		12
Investment policy		12
Plans for future years		13
Statement ofTrustees' responsibilities		14
Statement ofdisclosure to examiner		15
Independent Examiner's report
Statement offinancial activities		17
Balance sheet		18
Statement ofcash flows		19
Notes to the financial statements		20-28

							2020	2019
					Unrestricted	Restricted	Total	Total
Income and	endowments		from:	Note		8
Charitable	activities			2	614,535	3,975	618,510	598,185
Donations	and legacies			3	5,798		5,798	1,597
					620,333	3,975	624,308	599,782
Investment	income			4	72		72	156
Other income				5	1,098		1,098	979
Total					621,503	3,975	625,478	600,917
Expenditure	on:
Charitable	aetiwtim
Charitable	activities			6	544,843	4,041	548,884	583,912
Governance				7	5,347		5,347	8,595
Total					550,190	4,041	554,231	592,507
Net income/(expenditure)		for	year		71,313	(66)	71,247	8,410
Transfers between funds					3,909	(3,909)
Net movement	in funds				75,222	(3,975)	71,247	8,410
Total funds brought forward					36,622	3,975	40,597	32,187
Total funds carried forward					111,844		111,844	40,597

BALANCE SHE j(lJI I)cccntlns' (I ((	E	T
				2020	2019
Fixed assets			Note
Tangible assets			14	3,164	6, 124
				3,164	6, 124
Current assets
Debtors			15	27,585	29,367
Cash in hand and at bank				90,399	17,004
				117,984	46,371
Creditors
Amounts falling due within	one year		16	(9,304)	(11,898)
Net current assets				108,680	34,473
Total assets less current		liabilities		111,844	40,597
Funds			18
Restricted					3,975
Designateo capital fund				3,164	6,124
Unrestricted				108,680	30,498
Total funds				111,844	40,597

		2020	2019
Cash flow from operating	acfivities	73,467	1,613
Cash flow from investing	activities
Investment income		(72)	(156)
Purchase oftangible fixed assets			(816)
		(72)	(972)
Net change in cash and cash equivalents		73,395
Cash and cash equivalents	at tbe start ofthe year	17,004	16,363
Cash and cash equivalents	at the end oftbe year	90,399	17,004

				2020	2019
					6
Net income/(expenditure)		for the year		71,247	8,410
Adjusted	for:
Fixed asset depreciation				2,960	2,960
Loss on disposal offixed			assets	0	3,296
Investment	income			72	156
Movement	in debtors			1,782	(8,583)
Movement	in creditors			(2,594)	(4,626)
Cash fiow	from operating		activities	73,467	1,613

					Unrestricted		2020	2019
						Restricted	Total	Total
					8
Fees for	childcare provision				186,993		186,993	287,995
Funding	for core pmvision				320,357		320,357	276,214
Grant Funding:		Awards for All				3,975	3,975	5,895
Grant Funding:		CLLD Feasibility		Study				21,235
Grant Funding:		Job Retention	Scheme		107,185		107,185
Arts Project funding								6,846
					614,535	3,975	618,510	598,185
2019					571,055	27,130	598,185

3.	Income fro	m donations and fnnd	raising
			2020	2019
			Total	Unrestricted
	Donations		52	24
	Fundraising		5,746	1,573
			5,798	1,597
4,	Investment	income
	Investment	income
			2020	2019
			Total	Unrestricted
	Bank interest		72	156
			72	156
5.	Other income
			2020	2019
			Total	Unmstricted
			8
	Income &en	feed in tariff	1,098	979
			1,098	979

				2020	2019
		Unrestricted	Restricted	Total	Total
Wages Training Direct costs ofproviding Awards for All expenses CLLD feasibility expenses Repairs and maintenance Utilities IT Cleaning Advertising Insurance Telephone and broadband Stationay and postage Bank charges	childcare	462,398 3,414 21,094 18,990 7,965 4,184 9,017 46 4,675 4,443 4,104 318	4,041	462,398 3,414 21,094 4,041 18,990 7,965 4,184 9,017 46 4,675 4,443 4,104 318	462,379 3,229 28,747 5,895 21,700 18,777 10,997 6,554 7,293 I,170 3,779 4,944 6,765 557
Miscellaneous Depreciation Loss on disposal offixed assets		1,235 2,960		1,235 2,960	1,126 2,960 3,296
		544,843	4,041	548,884	590,168
2019		562,573	27,595	590,168

Governanc	e costs
		2020	2019
		Total	Unrestricted
Legal & Professional		3,907	1,739
Independent	examination	1,440	600
		5,347	2,339

This is stat	ed after charging:
		2020	2019
		Total	Total
Independent	examination	1,440	600
Depreciation		2,960	2,960
Loss on disposal ofGxed assets			3,296

	2020	2019
Wages	432,599	434,738
Social security costs	19,923	19,184
Pension costs	9,876	8,457
	462,398	462,379

		Fixtures gr
Cost		Fittings
At 1st January	and 31stDecember 2020	11,968
Depreciation
At 1st January	2020	5,843
Disposals
Charge for the year		2,960
At 31st December 2020		8,803
Net book value
At 31stDecember 2020		3,165
At 31st December 2019		6,124

Debtors
			2020	2019
			Total	Total
Income due for outstanding		fees	25,787	27,580
Prepaid expenditure			1,798	1,787
			27,585	29,367
Creditor	s
Amottnts	falling dtte within one year
			2020	2019
			Total	Total
Trade creditors			(2,521)	(2,314)
Accmals				(3,975)
Taxation	and social security		(6,783)	(5,609)
			(9,304)	(11,898)

&om No	vembe	r 2018.
			2020	2019
Operating	leases	commitments
Payable	within	one year	2,000	2,000
Payable	within	one to two years	2,000	2,000
Payable	within	two to five years	6,000	6,000
			10,000	10,000

			Balance at 1st Jan 2020	Incoming Resources	Resources Expended	Transfers	Balance at 31 Dec 2020
Restticted Designated Geneml	capital	fund	3,975 6,125 30,497	3,975 621,503	(4,041) (550,190)	(3,909) (2,961) 6,870	3,164 108,680
			40,597	625,478	(554,231)		111,844

	Unrestricted
	funds	2019
Tangible assets Net cument assets	3,164 108,680	6,124 30,498
	111,844	36,622

	Restricted	Unrestricted
	funds	funds
Tangible assets		6,124
Net current assets	3,975	30,498
	3,975	36,622