##
##
|CONTENTS||Page|
|---|---|---|
|Trustees'
report||1—9|
|Independent
examiner's|report||
|Statement offinancial activities|||
|Balance sheet||12-13|
|Cash flow statement||14|
|Notes to the financial statements||15-23|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|INCOME AND EXPENDITURE|INCOME AND EXPENDITURE||Unrestricted|Restricted|Total funds|Total funds|
|---|---|---|---|---|---|---|
||||funds|funds|2022|2021|
|||Note|E|f|E|E|
|INCOME|||||||
|Income from|||||||
|Charitable
activities:|||||||
|Nursery fees and subsidies|||810,940||810,940|826,758|
|Other grants|||500|4,350|4,850|23,371|
|Investment
income||||||65|
|Other income|||2,359|1,166|3,525|733|
|TOTAL INCOME|||813,799|5,516|819,315|850,927|
|EXPENDITURE ON:|||||||
|Charitable
activities:|||||||
|Provision of nursery care and|||||||
|education|||847,114|22,919|870,033|817,227|
|TOTAL EXPENDITURE|||847,114|22,919|870,033|817,227|
|Net (expenditure)/income|and||||||
|net movement
in funds for|the year||(33,315)|(17,403)|(50,718)|33,700|
|Reconciliation
offunds|||||||
|Total funds brought forward|||231,522|394,873|626,395|592,695|
|Total funds carried forward|||198,207|377,470|575,677|626,395|
##
|BALANCE SHEET
AT31MARCH 2022|||||
|---|---|---|---|---|
||||2022|2021|
|||Note|f|f|
|FIXED ASSETS|||||
|Tangible assets|||444,500|459,032|
|CURRENT ASSETS|||||
|Debtors|||18,004|18,476|
|Cash at bank and in hand|||147,673|189,275|
||||165,677|207,751|
|CREDITORS: Amounts|falling due within one year|10|(34,500)|(40,388)|
|NET CURRENT ASSETS|||131,177|167,363|
|NET ASSETS|||575,677|626,395|
|THE FUNDS OF THE CHARITY:|||||
|Restricted||11,12|377,470|394,873|
|Unrestricted||11,12|198,207|231,522|
|TOTAL CHARITY FUNDS||11,12|575,677|626,395|
##
##
##
##
||||||Total funds|Total funds|
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||f|f|
|Cash (used)/generated|in operating
activities||||(36,268)|38,260|
|Cash flows from investing||activities:|||||
|Purchase offixed assets|||||(5,334)|(11,622)|
|interest received||||||65|
|(Decrease)/increase
in cash Sc|||cash equivalents||(41,602)|26,703|
|Cash &cosh equivalents||at beginning ofyear|||189,275|162,572|
|Cash &cash equivalents||at end ofyear|||147,673|189,275|
|Reconciliation
ofnet income|||ex enditure|to net cash|flow from o eratin|activities|
|Net (expenditure)/income||for|the reporting|period|(50,718)|33,700|
|(asper the statement offinancial activities)|||||||
|Adjustments
for:|||||||
|Depreciation
charges|||||19,866|24,129|
|Interest received||||||(65)|
|Decrease in debtors|||||472|5,041|
|(Decrease) in creditors|||||(5,888)|(24,545)|
||||||(36,268)|38,260|
##
##
##
##
##
##
||||Unrestricted|Restricted|Total funds|
|---|---|---|---|---|---|
||||Funds|Funds|2021|
||||E|E|E|
||INCOME|||||
||Income from|||||
||Chari table activities:|||||
||Nursery fees and subsidies||707,875|118,883|826,758|
||Other grants||13,871|9,500|23,371|
||Investment
income||65||65|
||Otherincome||733||733|
||TOTAL INCOME||722,544|128,383|850,927|
||EXPENDITURE ON:|||||
||Charitable
acti vities:|||||
||Provision of nursery|care and education|675,809|141,418|817,227|
||TOTAL EXPENDITURE||675,809|141,418|817,227|
||Net income/(expenditure)
and|||||
||net movement
in funds for the year||46,735|(13,035)|33,700|
|3.|NURSERY FEESAND|SUBSIDIES||||
|||||2022|2021|
|||||E|f|
||Parent nursery fees|||531,469|357,223|
||3 and 4year olds funding|||237,389|286,991|
||2 year olds enhanced|provision||23,305|29,277|
||Registration
fees|||820|1,700|
||Special educational|needs funding||6,734|7,684|
||Job Retention
Scheme grants|||11,223|118,883|
||Covid-19 relief grants||||25,000|
|||||810,940|826,758|
||||18|||
##
|||||Nursery|Total|Total|
|---|---|---|---|---|---|---|
|||||costs|2022|2021|
|||||f|E|E|
||Staff salaries|(note 6)||683,563|683,563|672,353|
||Other staff costs|||10,900|10,900|636|
||Agency staff|cover||11,484|11,484|9,021|
||Catering|||37,618|37,618|26,524|
||Activity costs|||27,182|27,182|22,766|
||Premises costs|||39,273|39,273|31,143|
||Office costs|||16,112|16,112|13,251|
||Training|||7,488|7,488|1,910|
||Bad debts|||||(265)|
||Depreciation|||19,866|19,866|24,129|
||Audit and accountancy|||14,767|14,767|13,254|
||Legal and professional|||1,780|1,780|2,505|
|||||870,033|870,033|817,227|
|5.|NET INCOME/(EXPENDITURE)||FOR THE YEAR||2022|2021|
||||||f|E|
||This isstated|after charging:|||||
||Depreciation|ofowned assets|||19,866|24,129|
||Accountant's|remuneration:|||||
||Independent|examination|||2,300|2,200|
||Accounting|services|||1,180|1,100|
##
|FOR|THE YEAR ENDED 31MARCH 2022 contin|ued||
|---|---|---|---|
|6.|STAFF COSTS|||
|||2022|2021|
|||f|E|
||Wages and salaries|612,740|598,461|
||Social security costs|35,105|38,116|
||Pension contributions|35,718|35,776|
|||683,563|672,353|
##
##
||||||Fixtures,||
|---|---|---|---|---|---|---|
||||Leasehold|Leasehold|fittings 8||
||||||etteui
ment|Total|
||||f|f||f|
||COST||||||
||At 1April 2021||130,000|558,262|105,024|793,286|
||Additions||||5,334|5,334|
||Disposals||||||
||At 31March 2022||130,000|558,262|110,358|798,620|
||DEPRECIATION||||||
||At 1April 2021||59,800|180,084|94,370|334,254|
||Charge for the year||2,600|13,269|3,997|19,866|
||Depreciation
on disposals||||||
||At 31March 2022||62,400|193,353|98,367|354,120|
||NET BOOK VALUE||||||
||At 31March 2022||67,600|364,909|11,991|444,500|
||At 31March 2021||70,200|378,178|10,654|459,032|
|9.|DEBTORS||||2022|2021|
||||||f|f|
||Trade debtors||||21,893|17,363|
||Provisions for doubtful|debts|||(6,849)|(6,849)|
||Prepayments
and other|debtors|||2,960|7,962|
||||||18,004|18,476|
##
|NOT
FOR|ES TO THE FINANCIAL STATEMENTS
THE YEAR ENDED 31MARCH 2022 continued|||
|---|---|---|---|
|10,|CREDITORS|2022|2021|
|||f|f|
||Amounts
falling due within one year:|||
||Payments
on account|3,889|10,201|
||Trade creditors|2,756|3,886|
||Accruals|6,666|8,853|
||Other taxation and social security|10,671|7,547|
||Other creditors|10,518|9,901|
|||34,500|40,388|
##
||Restncted|General||
|---|---|---|---|
||funds|funds|Total|
||f|f|f|
|Tangible fixed assets|368,650|75,850|444,500|
|Cash at bank and in hand|8,820|138,853|147,673|
|Other net current assets/(liabilities)||(16,496)|(16,496)|
|Net assets at the end of the year|377,470|198,207|575,677|
##
##
|MOVEMENTS
IN FUND|S|||||||
|---|---|---|---|---|---|---|---|
|||||At 1|||At 31|
|||||April|Incoming|Resources|March|
|||||2021|Resources|~Ex ended|2022|
|||||f|f||f|
|Restricted funds||||||||
|Premises reserve —Original||Building||83,991||(2,600)|81,391|
|Buildings
and Gardens|Fund:|Extensions||300,528||(13,269|287,259|
|Community
Allotment|Fund|||854||(854)||
|Healthy
Eating —One City Fund|||||2,800|(1,816)|984|
|John James Foundation||||5,000|||5,000|
|Bristol City Council Originators|||Funding|4,500|500|(4,380)|620|
|Tesco Garden
Fund|||||1,166||1,166|
|Smaller Funds|||||1,050||1,050|
|Total restricted
funds||||394,873|5,516|(22,919)|377,470|
|Unrestricted
funds||||||||
|General funds||||231,522|813,799|(847,114)|198,207|
|Total funds||||626,395|819,315|(870,033)|575,677|
##
##
##
##
||||2022|2021|
|---|---|---|---|---|
||||f|f|
|INCOME|||||
|Nursery fees and subsidies|||810,940|826,758|
|Other grants|||4,850|23,371|
|Interest receivable||||65|
|Sundry income|||3,525|733|
|Total income for year|||819,315|850,927|
||||2022|2021|
||||Total|Total|
||||f|f|
|EXPENDITURE|||||
|Staff wages|||612,740|598,460|
|Employer's
national|insurance||35,105|38,116|
|Pension contributions|||35,718|35,776|
|Other staff costs|||9,488|636|
|Agency staff cover|||11,484|9,021|
|Training costs|||7,488|1,910|
|Activities and nursery|sundries||27,182|22,766|
|Catering|||37,618|26,524|
|Light and heat|||6,331|8,159|
|Telephone|||5,227|2,310|
|Printing,
postage, stationery|||6,183|6,111|
|Rates, including
water|||2,618|2,080|
|Repairs and maintenance|||13,463|8,130|
|Cleaning and waste disposal|||14,232|10,498|
|Insurance|||2,628|2,519|
|Advertising
and PR|||502|350|
|Computer
costs|||2,036|2,245|
|Travel and subsistence|||258|64|
|UK entertainment|||1,155|(200)|
|Legal and professional|||1,780|2,505|
|Accountancy
fees and book-keeping|||14,767|13,254|
|Bad debts||||(265)|
|Subscriptions|||823|805|
|Bank charges and interest payable|||1,341|1,324|
|Depreciation|||19,866|24,129|
|Expenditure
for year|||870,033|817,227|
|NET (EXPENDITURE)/INCOME||FOR THE YEAR|(50,718)|33,700|