##
##
|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|12|
|Reserves policy||13|
|Investinent
policy||13|
|Plans for future years||14|
|Statement ofTrustees'
responsibilities||15|
|Statement ofdisclosure to examiner||16|
|Independent
Examiner's
report||17|
|Statement offinancial activities|||
|Balance sheet||19|
|Statement ofcash flows||20|
|Notes to the financial
statements||21-29|
##
|Registered|name|||Ludgvan
Community|Childcare|Childcare|Centre Limited|
|---|---|---|---|---|---|---|---|
|Charity registration||number||1057410||||
|Company|registration||number|03180353||||
|0fsted registration||numbers||103172(Ludgvan)||||
|||||2496718 (Marazion)||||
|Trustees||||||||
|The Trustees at 31st|||December 2021|Zoe Curnow||||
|||||Mark Fletcher||||
|||||Juliette George||||
|||||Joanne Laity||||
|||||Sarah McNaughton-James||||
|||||Canon Nigel Marns||||
|||||Sarah Oliver (nee Taylor)||||
|||||Caroline Peers (appointed||11February 2021)||
|||||Richard Sargeant||||
|||||Linda Taylor||||
|||||Lorna Trudgeon||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|Income and|endowments|from:|Note|||||
|Charitable|activities|||607,579||607,579|618,510|
|Donations|and legacies|||2,556||2,556|5,798|
|||||610,135||610,135|624,308|
|Investment|income|||||86|72|
|Other income||||559||559|1,098|
|Total||||610,780||610,780|625,478|
|Expenditure|on:|||||||
|Charitable|activities|||||||
|Charitable|activities|||590,950||590,950|548,884|
|Governance||||11,324||11,324|5,347|
|Total||||602,274||602,274|554,231|
|Net income for year||||8,506||8,506|71,247|
|Transfers
between
funds||||||||
|Net movement|in funds|||8,506||8,506|71,247|
|Total funds brought
forward||||111,844||111,844|40,597|
|Total funds carried forward||||120,350||120,350|111,844|
##
|t 31December|2021|||||
|---|---|---|---|---|---|
|||||2021|2020|
|Fixed assets|||Note|||
|Tangible assets|||14|204|3,164|
|||||204|3,164|
|Current assets||||||
|Debtors|||15|24,282|27,585|
|Cash in hand and at bank||||105,658|90,399|
|||||129,940|117,984|
|Creditors||||||
|Amounts
falling
due within||one year|16|(9,794)|(9,304)|
|Net current assets||||120,146|108,680|
|Total assets less current liabilities||||120,350|111,844|
|Funds|||18|||
|Designated
capital fund||||204|3,164|
|Unrestricted
general|fund|||120,146|108,680|
|Total funds||||120,350|111,844|
||||2021|2020|
|---|---|---|---|---|
|Cash flow|from operating|activities|15,345|73,467|
|Cash flow|from investing|activities|||
|Investment|income||(86)|(72)|
||||(86)|(72)|
|Net change|in cash and cash equivalents||15,259|73,395|
|Cash and|cash equivalents|at the start ofthe year|90,399|17,004|
|Cash and|cash equivalents|at the end ofthe year|105,658|90,399|
##
||||2021|2020|
|---|---|---|---|---|
|Net income for the year|||8,506|71,247|
|Adjusted|for:||||
|Fixed asset depreciation|||2,960|2,960|
|Investment|income||86|72|
|Movement|in debtors||3,303|1,782|
|Movement|in creditors||490|(2,594)|
|Cash flow|from operating|activities|15,345|73,467|
##
##
##
##
##
##
##
##
##
|2.|Income|from|||charit|able|activities|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2021|2020|
|||||||||Unrestricted|Restricted|Total|Total|
||Fees for childcare||||provision|||255,504||255,504|186,993|
||Funding|for core|||provision|||338,470||338,470|320,357|
||Grant Funding:|||Awards||for All|||||3,975|
||Grant Funding:|||Job Retention|||Scheme|13,605||13,605|107,185|
|||||||||607,579||607,579|618,510|
||2020|||||||614,535|3,975|618,510||
|3.|Income|from||donations|||and fundraising|||||
|||||||||2021||2020||
|||||||||Total||Unrestricted||
||Donations|||||||56||52||
||Fundraising|||||||2,500||5,746||
|||||||||2,556||5,798||
|4.|Investment||income|||||||||
|||||||||2021||2020||
|||||||||Total||Unrestricted||
||Bank interest|||||||||72||
|||||||||86||72||
|5.|Other income|||||||||||
|||||||||2021||2020||
|||||||||Total||Unrestricted||
||Income fiom feed in tariff|||||||559||1,098||
|||||||||559||1,098||
##
##
##
|Expenditu|re|on char|itable
activiti|es||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||Unrestricted|Restricted|Total|Total|
|Wages||||477,215||477,215|462,398|
|Training||||2,394||2,394|3,414|
|Direct costs of||providing|childcare|31,804||31,804|21,094|
|Awards
for|All|expenses|||||4,041|
|Repairs and maintenance||||27,228||27,228|18,990|
|Utilities||||10,061||10,061|7,965|
|IT||||6, 100||6,100|4,184|
|Cleaning||||15,189||15,189|9,017|
|Advertising||||165||165|46|
|Insurance||||5,020||5,020|4,675|
|Telephone|and|broadband||4,312||4,312|4,443|
|Stationery|and|postage||5,961||5,961|4,104|
|Bank charges||||272||272|318|
|Miscellaneous||||2,269||2,269|1,235|
|Depreciation||||2,960||2,960|2,960|
|||||590,950||590,950|548,884|
|2020||||544,843|4,041|548,884||
|Governan|ce|costs||||||
|||||2021||2020||
|||||Total||Unrestricted||
|Legal 8c Professional||||9,724||3,907||
|Independent|examination|||1,600||1,440||
|||||11,324||5,347||
##
##
|This is state|d after charging:|||
|---|---|---|---|
|||2021|2020|
|||Total|Total|
|Independent|examination|1,600|1,440|
|Depreciation||2,960|2,960|
##
##
||2021|2020|
|---|---|---|
|Wages|442,605|432,599|
|Social security costs|23,109|19,923|
|Pension costs|11,501|9,876|
||477,215|462,398|
##
##
##
##
##
|||Fixtures &|
|---|---|---|
|||Fittings|
|Cost|||
|At 1st January|and 31st December 2021|11,968|
|Depreciation|||
|At 1st January|2021|8,804|
|Disposals|||
|Charge for the|year|2,960|
|At 31st December 2021||11,764|
|Net book value|||
|At 31stDecember 2021||204|
|At 31st December 2020||3,165|
##
|Debtors||||
|---|---|---|---|
|||2021|2020|
|||Total|Total|
|Income due for outstanding|fees|22,374|25,787|
|Prepaid
expenditure||1,908|1,798|
|||24,282|27,585|
|Creditors||||
|Amounts falling due within one year||||
|||2021|2020|
|||Total|Total|
|Trade creditors||(2,225)|(2,521)|
|Accruals||(1,600)||
|Taxation and social security||(5,969)|(6,783)|
|||(9,794)|(9,304)|
##
||||2021|2020|
|---|---|---|---|---|
|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
2021|Incoming
Resources|Resources
Expended|Transfers|Balance at
31 Dec
2021|
|---|---|---|---|---|---|---|---|
|Restricted||||||||
|Designated|capital|fund|3,164|||(2,960)|204|
|General|||108,680|610,780|(602,274)|2,960|120,146|
||||111,844|610,780|(602,274)||120,350|
##
|Net assets by fund|2021||
|---|---|---|
||Restricted|Unrestricted|
||funds|funds|
|Tangible assets||204|
|Net current assets||120,146|
|||120,350|
##
||||Restricted|Unrestricted|2019|
|---|---|---|---|---|---|
||||funds|funds||
|Tangible|assets|||3,164|6, 124|
|Net current||assets||108,680|30,498|
|||||111,844|36,622|