2021-02-28-accounts

Charity number: 1061716

DALTON PRE-SCHOOL NURSERY

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2021

DALTON PRE-SCHOOL NURSERY

CONTENTS

	Page
Reference and administrative details of the Charity, its Trustees and advisers	1
Trustees' report	2 - 5
Independent examiner's report	6 - 7
Statement of financial activities	8
Balance sheet	9
Statement of cash flows	10
Notes to the financial statements	11 - 20

DALTON PRE-SCHOOL NURSERY

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 28 FEBRUARY 2021

Trustees

Capt. Frampton J Millar D O'Hara, Chair

K Robb, Treasurer

Charity registered number

1061716

Principal office

Dalton Barracks Abingdon Oxfordshire OX13 6JB

Accountants

James Cowper Kreston Chartered Accountants Reading Bridge House George Street Reading Berkshire RG1 8LS

Page 1

DALTON PRE-SCHOOL NURSERY

TRUSTEES' REPORT FOR THE YEAR ENDED 28 FEBRUARY 2021

The Trustees present their annual report together with the financial statements of the Charity for the 1 March 2020 to 28 February 2021.

Objectives and activities

Policies and objectives

To aid the efficiency of the Armed Forces by the provision of local child care facilities which enable timely parental return to the workplace. The setting aims to provide a caring, stimulating environment providing children with the opportunity to learn through play. Places remain open to every family, supporting a culturally diverse community.

Main activities undertaken to further the Charity's purposes for the public benefit

Dalton Pre-School Nursery delivers day care facilities and learning for children aged 0-4 years. Close to the town of Abingdon, the Nursery is registered on the Early Years Register and both the compulsory and voluntary part of the Childcare Register. It is managed by a Committee made up of staff, parents and Army personnel. The Nursery has 75 children on roll and supports children with Special Educational Needs and/or disabilities, and those with English as an additional language. Most children attending have parents serving in the Armed Forces. It is open on weekdays during school term times, from 0745hrs until 1715hrs. A play scheme operates in the school holidays.

When exercising our powers or duties during the year, the Trustees have considered the Commission’s guidance on public benefit.

Achievements and performance

COVID-19

From March-September the nursery was only open to key worker children. We paid staff that were not required in work 80% of their usually weekly wage as we were still in receipt of the government funding which government outlined must be used before using the furlough scheme. The accounts administrator worked from home during this time. The nursery operated a strict bubble structure, where all members of staff and children were allocated to their rooms. Unfortunately we were unable to celebrate any events during the last year.

The Chair of Trustees and Manager continues to build and maintain effective, collaborative and sustainable working relationships within a busy Pre-School.

71 Children registered within Pre-School setting, running to near capacity.

Baby Room renovated utilising £80,000 of LIBOR funding is now occupied and providing an excellent setting for the children.

Training of staff continues at pace with staff attending both external and internal courses such as, paediatric first aid, safeguarding, equality and diversity, food and hygiene, characteristics of effective learning and observation assessment and planning.

A very busy year for the setting with an end of year graduation bidding a fond farewell to the children and parents who were moving on to a new chapter in their lives.

Dalton Pre-School is a team managed by a manager of 25 years’ experience who employs staff within both the military and civilian community. This cross section of experience enables the manager to meet the needs of the children within a thriving diverse setting.

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DALTON PRE-SCHOOL NURSERY

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2021

Financial review

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Principal funding

The charity’s major source of income is derived from fees and grants for pre-school children. The Nursery is in receipt of funding for the provision of free early years education for children aged two, three and four years.

The Nursery Manager and Committee secured additional grants through local authority and the Army welfare organisation to further enhance resources to provide children with a good challenging range of play and learning experiences, both indoors and outdoors.

The Nursery Management team continued to review and improve financial process, successfully encouraging increased use of on-line banking by parents for payment of fees. The work place pension scheme is fully up and running now, not all staff have signed up to the scheme.

Current financial position

Total Income Total Expenditure Net Income (expenditure) before gains and losses Profit/ loss on investment Reconciliation of funds (Funds brough forward) Funds brought forward Total Funds carried forward	2021 £ 214,631 217,70 5 (3,074) 309 63,352 60,587	2020 £ 292,942 312,756 (19,814) 968 82,198 63,352

The reserve account contained £30,051.21. This is held to ensure that should the camp close, all the associated costs involved in the task of closing the nursery could be met.

Structure, governance and management

Constitution

Dalton Pre-School Nursery is governed by a constitution. The principal object of the charity is the provision of local child care facilities for children aged 0-4 years.

Methods of appointment or election of Trustees

Trustees are appointed or reappointed annually at the Annual General Meeting.

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DALTON PRE-SCHOOL NURSERY

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2021

Structure, governance and management (continued)

Organisational structure and decision-making policies

Dalton Pre-School Nursery is a member of the Pre-School Learning Alliance which provides academic and governance support to the setting.

There is a child protection policy in place. Full statutory checks are carried out prior to commencement of employment or trusteeship.

The setting has well established links with local authority education and welfare departments and liaises closely with schools to facilitate pupil transition.

The Pre-School Nursery Manager maintains close and effective working relationships with the local military welfare representatives to retain awareness of emerging issues that may impact on service delivery.

With the military community, a transient and changing population, forming a large majority of the membership the Pre-School Manager and staff adopt flexible working arrangements to maintain appropriate staffing ratios within the constraints of a taut budget. Parents and staff work closely to consider continuity of learning between home and nursery, which is beneficial for children exposed to frequent change, and aids preparation for later stages of learning within the setting, other nurseries or for their future moves to school.

Policies adopted for the induction and training of Trustees

When the Committee has new members join, they spend time with their predecessor handing over over the area that they help to maintain. All Committee members under go a DBS check and completion of the EY2 form. New Committee members are encouraged to spend time within the Nursery observing how it functions and talking with the Manager and staff regularly.

Page 4

DALTON PRE-SCHOOL NURSERY TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 21 FEBRUARY 2021 Statemènt of Trustees. r•sponsbblliti9s The Trustees are responyble fo¥ preparing Ihe Trustees. reFth and the financi81 statements in accordance wth applicable law 8nd United Kingdom Accountsng Standards (Uniled Kin￿ Gerwally Accepted Accouniing Practice) The law applicable to charittes in England & Wales requires Ihe Trustees to p￿pare financial statements lor each financial which give a true and fèli view ol the stale of affairs of the Chanty and of its Incoming resources and application ol resources. including its income ar￿ expèrmlrture. for that peri¢xl. In preparing th￿ financial staternents, the Trustees are required lo.. select suitable accounting kx4icEs and then Ihem consistenuy, observe the methods and winaples of the charib.es SORP IFRS 1021". make judgments and acwunting eslimates that are reasonablè and prLhYpnt- state whether applicable UK Acu)unting Standards IFRS 1021 have been folloEd, subject to any material departures disdosed 8nd explained in the financial stements'. prepare the finanual stalemenls on the 9(xn9 Cx)r￿ern ba￿$ unless it is inappropriate to pregjme that the Charity wll CA)ntinuè in business. Thè Trustee$ are resKK)nsible for kee￿r￿j wJequ8le w￿lnting re(xxds thal are sulfiaent to show and explain the Chantys transactions and disclose wth reasonable accur￿ at any b.me the financi81 p)sition of the Charity and enable ihem to ensure that Ihe finarcial slaternents rAxnply with the Chanties Act 2011. the Charty (Accounts and Reports) Regulations 2008 and the provisions of the Trust ¢Jeed. They Ère also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevenbon and detection of fraud and other Irregularities. Approved by order of tr*e members of board of Twstees and signed on their behalf by.. ara air of T stees Date.- 24 zi Page 5 Scanned with Camscanner

DALTON PRE-SCHOOL NURSERY

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 28 FEBRUARY 2021

Independent Examiner's Report to the Trustees of Dalton Pre-School Nursery ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 28 February 2021.

Responsibilities and Basis of Report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

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DALTON PRE-SCHOOL NURSERY

INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2021

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Dated: 2 December 2021

Mr Alexander Peal FCA

James Cowper Kreston Chartered Accountants Reading Bridge House George Street Reading Berkshire RG1 8LS

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DALTON PRE-SCHOOL NURSERY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2021

Note Income from: Donations and legacies 2 Charitable activities 3 Other trading activities 4 Total income Expenditure on: Charitable activities 5 Total expenditure Net expenditure before net gains on investments Net gains on investments Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 2021 £ 8,101 206,530 - 214,631 217,705 217,705 (3,074) 309 (2,765) 63,352 (2,765) 60,587	Total funds 2021 £ 8,101 206,530 - 214,631 217,705 217,705 (3,074) 309 (2,765) 63,352 (2,765) 60,587	Total funds 2020 £ 15,743 277,079 120 292,942 312,756 312,756 (19,814) 968 (18,846) 82,198 (18,846) 63,352

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 11 to 20 form part of these financial statements.

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DALTON PRE4CHOOL NURSERY BALANCE SHEET AS AT 2B FEBRUARY 2021 28 Fèbruary 2021 29 February 2020 Note Fixed ass•ts Tangible asse15 Investments 117 163 10.364 10 10.873 10,790 10,527 Currènt ass•ts Debtors Cash at bank and in hand 4.061 50.898 4.118 62.549 54.959 66.667 Creditors.. amounts falling d¥Je wthin one year 12 {5.162) 113.8421 Net currnnl assets 49,797 52,825 Total net assets 60,587 63.352 Charlty funds Unrestricted fijnds 13 60,5B7 63.352 Totsl funds 60.587 63,352 The finan(#al slalements were approved and autl)orised for issue by the Trustees and signed on their behalf by." O'Harn Chair of T Date.. )t notes C￿ p4es 11 to 20 fom) part of these financial statements. Page 9 Scanned with Camscanner

DALTON PRE-SCHOOL NURSERY

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 28 FEBRUARY 2021

Note Cash flows from operating activities Net cash used in operating activities 16 Cash flows from investing activities Proceeds from the sale of tangible fixed assets Purchase of tangible fixed assets Net cash used in investing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year 17 The notes on pages 11 to 20 form part of these financial statements	2021 £ (11,514) - (137) (137) (11,651) 62,549 50,898	2020 £ (30,338) (836) - (836) (31,174) 93,723 62,549

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

1. Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Dalton Pre-School Nursery meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

1.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees' report for more information about their contribution.

On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the Charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

1. Accounting policies (continued)

1.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Charitable activities and Governance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.

1.4 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.

Depreciation is provided on the following bases:

Freehold property	- 20% Straight line
Plant and machinery	- 20% Straight line
Fixtures and fittings	- 20% Straight line
Office equipment	- 20% Straight line

1.5 Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of Financial Activities.

1.6 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.7 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

1. Accounting policies (continued)

1.8 Liabilities

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

1.9 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

1.10 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

2. Income from donations and legacies

Donations Grants Total 2020	Unrestricted funds 2021 £ 359 7,742 8,101 15,743	Total funds 2021 £ 359 7,742 8,101 15,743	Total funds 2020 £ 161 15,582
			15,743

3. Income from charitable activities

Fees from parents Total 2020	Unrestricted funds 2021 £ 206,530 277,079	Total funds 2021 £ 206,530 277,079	Total funds 2020 £ 277,079

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

4. Income from other trading activities

Income from fundraising events

Fundraising income Total 2020	Unrestricted funds 2021 £ - 120	Total funds 2021 £ - 120	Total funds 2020 £ 120

5. Analysis of expenditure on charitable activities

Summary by fund type

Direct costs Total 2020	Unrestricted funds 2021 £ 217,705 312,756	Total funds 2021 £ 217,705 312,756	Total funds 2020 £ 312,756

Summary by expenditure type

Direct costs Total 2020	Staff costs 2021 Depreciation 2021 £ £ 191,052 183 255,532 3,768	Other costs 2021 £ 26,470 53,456	Total funds 2021 £ 217,705 312,756	Total funds 2020 £ 312,756

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

6. Independent examiner's remuneration

	2021	2020
	£	£
Fees payable to the Charity's independent examiner in respect of:
Independent examination	1,576	1,560

7. Staff costs

Wages and salaries	2021 £ 191,052 191,052	2020 £ 255,532
		255,532

The average number of persons employed by the Charity during the year was as follows:

2021	2020
No.	No.
21	21

No employee received remuneration amounting to more than £60,000 in either year.

8. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2020 - £NIL).

During the year ended 28 February 2021, no Trustee expenses have been incurred (2020 - £NIL).

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

9. Tangible fixed assets

Cost or valuation At 1 March 2020 Additions At 28 February 2021 Depreciation At 1 March 2020 Charge for the year At 28 February 2021 Net book value At 28 February 2021 At 29 February 2020	Freehold property £ 42,720 - 42,720 42,720 - 42,720 - -	Plant and machinery £ 4,587 - 4,587 4,587 - 4,587 - -	Fixtures and fittings £ 17,751 - 17,751 17,588 163 17,751 - 163	Office equipment £ 4,394 137 4,531 4,394 20 4,414 117 -	Total £ 69,452 137
					69,589
					69,289 183
					69,472
					117
					163

10. Fixed asset investments

Cost or valuation At 1 March 2020 Revaluations At 28 February 2021 Net book value At 28 February 2021 At 29 February 2020	Listed investments £ 10,364 309
	10,673
	10,673
	10,364

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

11. Debtors

Trade debtors Other debtors	28 February 2021 £ 2,487 1,574 4,061	29 February 2020 £ 2,544 1,574
		4,118

12. Creditors: Amounts falling due within one year

Trade creditors Other taxation and social security Accruals and deferred income	28 February 2021 £ 796 1,813 2,553 5,162	29 February 2020 £ 796 10,493 2,553
		13,842

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

13. Statement of funds

Statement of funds - current year

					Balance at
	Balance at 1			Gains/	28 February
	March 2020	Income	Expenditure	(Losses)	2021
	£	£	£	£	£
Unrestricted funds
General Funds - all funds	63,352	214,631	(217,705)	309	60,587
Statement of funds - prior	year
	Balance at				Balance at
	1 March			Gains/	29 February
	2019	Income	Expenditure	(Losses)	2020
	£	£	£	£	£
Unrestricted funds
General Funds	82,198	292,942	(312,756)	968	63,352

14. Summary of funds

Summary of funds - current year

					Balance at
	Balance at 1			Gains/	28 February
	March 2020	Income	Expenditure	(Losses)	2021
	£	£	£	£	£
General funds	63,352	214,631	(217,705)	309	60,587
Summary of funds - prior year
	Balance at				Balance at
	1 March			Gains/	29 February
	2019	Income	Expenditure	(Losses)	2020
	£	£	£	£	£
General funds	82,198	292,942	(312,756)	968	63,352

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

15. Analysis of net assets between funds Analysis of net assets between funds - current year

Unrestricted funds 28 February 2021 £ Tangible fixed assets 117 Fixed asset investments 10,673 Current assets 54,959 Creditors due within one year (5,162) Total 60,587 Analysis of net assets between funds - prior year Unrestricted funds 29 February 2020 £ Tangible fixed assets 163 Fixed asset investments 10,364 Current assets 66,667 Creditors due within one year (13,842) Total 63,352 16. Reconciliation of net movement in funds to net cash flow from operating activities 28 February 2021 £ Net expenditure for the year (as per Statement of Financial Activities) (2,765) Adjustments for: Depreciation charges 183 (Gains)/losses on investments (309) Decrease in debtors 57 Decrease in creditors (8,680) Net cash used in operating activities (11,514)

Total funds 28 February 2021 £ 117 10,673 54,959 (5,162) 60,587 Total funds 29 February 2020 £ 163 10,364 66,667 (13,842) 63,352 29 February 2020 £ (18,846) 3,768 (968) 22,904 (37,196) (30,338)

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

17. Analysis of cash and cash equivalents

Cash in hand Total cash and cash equivalents	28 February 2021 £ 50,898 50,898	29 February 2020 £ 62,549
		62,549

18. Analysis of changes in net debt

					At 28
	At	1	March		February
			2020	Cash flows	2021
			£	£	£
Cash at bank and in hand			62,549	(11,651)	50,898

19. Related party transactions

During the year Trustee D O'Hara recieved discounted fees to the value of £nil (2020: £774).

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