2022-02-28-accounts

Charity number: 1061716

DALTON PRE-SCHOOL NURSERY

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

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 - 21

DALTON PRE-SCHOOL NURSERY

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 28 FEBRUARY 2022

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 2022

The Trustees present their annual report together with the financial statements of the Charity for the year 1 March 2021 to 28 February 2022.

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 65 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

Review of activities

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

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

The outdoor play areas for both the Nursery and Pre-School room where renovated and upgraded utilising £49,000 of funding secured by the management team 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.

Page 2

DALTON PRE-SCHOOL NURSERY

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2022

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) beofre gains and losses Profit/(loss) on investment Net movement in funds Funds brought forward Funds carried forward	2022 2021 £ £ 313,750 214,631 276,501 217,705 37,249 (3,074) 758 309 38,007 (2,765) 60,587 63,352 98,594 60,587

The reserve account contained £30,054. 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.

Page 3

DALTON PRE-SCHOOL NURSERY

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2022

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.

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles of the Charities SORP (FRS 102);

• make judgments and accounting estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 4

DALTON PRE4CHOOL NURSERY TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 28 FEBRUARY 2032 O'H•ri Chair ol Trust••• Page 5 cs Camscanner

DALTON PRE-SCHOOL NURSERY

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 28 FEBRUARY 2022

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 2022.

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

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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 2022

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: 17 October 2022

Mr Alexander Peal FCA

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

Page 7

DALTON PRE-SCHOOL NURSERY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2022

Note Income from: Donations and legacies 2 Charitable activities 3 Other trading activities 4 Total income Expenditure on: Charitable activities 5 Total expenditure Net income/(expenditure) before net gains on investments Net gains on investments Net income/(expenditure) Transfers between funds 13 Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 2022 £ 1,142 260,978 540 262,660 260,604 260,604 2,056 758 2,814 (1,829) 985 60,587 985 61,572	Restricted funds 2022 £ 51,090 - - 51,090 15,897 15,897 35,193 - 35,193 1,829 37,022 - 37,022 37,022	Total funds 2022 £ 52,232 260,978 540 313,750 276,501 276,501 37,249 758 38,007 - 38,007 60,587 38,007 98,594	Total funds 2021 £ 8,101 206,530 - 214,631 217,705 217,705 (3,074) 309 (2,765) - (2,765) 63,352 (2,765) 60,587

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

The notes on pages 11 to 21 form part of these financial statements.

Page 8

DALTON PRE-SCHOOL NURSEA Y BALANCE SHEET AS AT 28 FEBRUARY 2022 2022 2021 Not• Flxed assèts Tangible assets Invesirnents 38,250 11,431 117 10.673 10 49.681 10.790 Current assets Debtors 4.￿1 50,898 Cash at bank and in hand 52.240 53.531 54.959 Creditofs.. amount5 falling due within one year 12 14.6181 15.1621 Ntt eurrent a55ets 48,913 49,797 Total n•t a55ets 98,$94 60.587 Charity lunds Rèstricted fund5 Unrèstricted funds 13 13 37,022 61,572 60.587 Total lunds 98.594 60,587 The finanaal statements were apFwo¥ed and aul1m￿Sed for 155ue by the Trustees aThJ &gned on their b8half ty. O'Hara Chair of Tr Date stees The notes on pages 1110 21 fom part ol these finawal statemenls. Pagg 9 cs Camscanner

DALTON PRE-SCHOOL NURSERY

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 28 FEBRUARY 2022

Note Cash flows from operating activities Net cash used in operating activities 16 Cash flows from investing activities 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 21 form part of these financial statements	2022 £ 45,053 (43,711) (43,711) 1,342 50,898 52,240	2021 £ (11,514) (137) (137) (11,651) 62,549 50,898

Page 10

DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022

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.

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.

1.3 Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022

1. Accounting policies (continued)

1.4 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.

1.5 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

1.6 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.

1.7 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.

1.8 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 2022

1. Accounting policies (continued)

1.9 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.

1.10 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.

1.11 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

1.12 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.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

2. Income from donations and legacies

Donations Grants Government grants Total 2022 Total 2021	Unrestricted funds 2022 £ 11 15 1,116 1,142 8,101	Restricted funds 2022 £ - 51,090 - 51,090 -	Total funds 2022 £ 11 51,105 1,116 52,232 8,101	Total funds 2021 £ 359 7,742 -
				8,101

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022

3. Income from charitable activities

Fees from parents Total 2022 Total 2021 4. Income from other trading activities Income from fundraising events Fundraising income Total 2022 5. Analysis of expenditure on charitable activities Summary by fund type Unrestricted funds 2022 £ Direct costs 260,604 Total 2021 217,705	Fees from parents Total 2022 Total 2021 4. Income from other trading activities Income from fundraising events Fundraising income Total 2022 5. Analysis of expenditure on charitable activities Summary by fund type Unrestricted funds 2022 £ Direct costs 260,604 Total 2021 217,705	Unrestricted funds 2022 £ 260,978 260,978 206,530 Unrestricted funds 2022 £ 540 540 Restricted funds 2022 £ 15,897 -	Total funds 2022 £ 260,978 260,978 206,530 Total funds 2022 £ 540 540 Total funds 2022 £ 276,501 217,705	Total funds 2021 £ 206,530 206,530 Total funds 2021 £ - - Total funds 2021 £ 217,705
	217,705

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022

5. Analysis of expenditure on charitable activities (continued)

Summary by expenditure type

Direct costs Total 2021	Staff costs 2022 £ 222,230 191,052	Depreciation 2022 £ 5,578 183	Other costs 2022 £ 48,693 26,470	Total funds 2022 £ 276,501 217,705	Total funds 2021 £ 217,705

6. Independent examiner's remuneration

	2022	2021
	£	£
Fees payable to the Charity's independent examiner in respect of:
Independent examination	3,300	1,716

7. Staff costs

Wages and salaries Social security costs Pension	2022 £ 209,035 10,086 3,109 222,230	2021 £ 179,913 8,537 2,602
		191,052

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

2022	2021
No.	No.
18	21

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

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022

8. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2021 - £NIL).

During the year ended 28 February 2022, no Trustee expenses have been incurred (2021 - £NIL).

9. Tangible fixed assets

Cost or valuation At 1 March 2021 Additions Disposals At 28 February 2022 Depreciation At 1 March 2021 Charge for the year On disposals At 28 February 2022 Net book value At 28 February 2022 At 28 February 2021	Freehold property £ 42,720 - - 42,720 42,720 - - 42,720 - -	Plant and machinery £ 4,587 - (2,230) 2,357 4,587 - (2,230) 2,357 - -	Fixtures and fittings £ 17,751 43,401 (5,595) 55,557 17,751 5,498 (5,595) 17,654 37,903 -	Office equipment £ 4,531 310 (920) 3,921 4,414 80 (920) 3,574 347 117	Total £ 69,589 43,711 (8,745) 104,555 69,472 5,578 (8,745) 66,305 38,250 117

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022

10. Fixed asset investments

Cost or valuation At 1 March 2021 Revaluations At 28 February 2022 Net book value At 28 February 2022 At 28 February 2021	Listed investments £ 10,673 758
	11,431
	11,431
	10,673

11. Debtors

Trade debtors Other debtors	2022 £ 1,291 - 1,291	2021 £ 2,487 1,574
		4,061

12. Creditors: Amounts falling due within one year

Trade creditors Other taxation and social security Accruals and deferred income	2022 £ - 1,318 3,300 4,618	2021 £ 796 1,813 2,553
		5,162

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022

13. Statement of funds

Statement of funds - current year

Unrestricted funds General Funds Restricted funds MOD grants Total of funds	Balance at 1 March 2021 £ 60,587 - 60,587	Income £ 262,660 51,090 313,750	Expenditure £ (260,604) (15,897) (276,501)	Transfers in/out £ (1,829) 1,829 -	Gains/ (Losses) £ 758 - 758	Balance at 28 February 2022 £ 61,572
						37,022
						98,594

The restricted fund represents a grant from the MOD, specifically from the 'Early Learning & Childcare Fund'. The money has been granted for the benefit of enhancing the learning experiences of military children in the nursery.

Statement of funds - prior year

	Balance at				Balance at
	1 March			Gains/	28 February
	2020	Income	Expenditure	(Losses)	2021
	£	£	£	£	£
Unrestricted funds
General Funds	63,352	214,631	(217,705)	309	60,587

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022

14. Summary of funds

Summary of funds - current year

							Balance at
	Balance at	1			Transfers	Gains/	28 February
	March 2021		Income	Expenditure	in/out	(Losses)	2022
		£	£	£	£	£	£
General funds	60,587		262,660	(260,604)	(1,829)	758	61,572
Restricted
funds	-		51,090	(15,897)	1,829	-	37,022
	60,587		313,750	(276,501)	-	758	98,594
Summary of funds - prior year
			Balance at				Balance at
			1 March			Gains/	28 February
			2020	Income	Expenditure	(Losses)	2021
			£	£	£	£	£
General funds			63,352	214,631	(217,705)	309	60,587

15. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Total	Unrestricted funds 2022 £ 1,228 11,431 53,531 (4,618) 61,572	Restricted funds 2022 £ 37,022 - - - 37,022	Total funds 2022 £ 38,250 11,431 53,531 (4,618) 98,594

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022

15. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Total	Unrestricted funds 2021 £ 117 10,673 54,959 (5,162) 60,587	Total funds 2021 £ 117 10,673 54,959 (5,162) 60,587

16. Reconciliation of net movement in funds to net cash flow from operating activities

Net income/expenditure for the year (as per Statement of Financial Activities) Adjustments for: Depreciation charges (Gains)/losses on investments Decrease in debtors Decrease in creditors Net cash provided by/(used in) operating activities Analysis of cash and cash equivalents Cash in hand Total cash and cash equivalents	2022 £ 38,007 5,578 (758) 2,770 (544) 45,053 2022 £ 52,240 52,240	2021 £ (2,765) 183 (309) 57 (8,680) (11,514) 2021 £ 50,898 50,898

17. Analysis of cash and cash equivalents

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DALTON PRE-SCHOOL NURSERY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022

18. Analysis of changes in net debt

					At 28
	At	1	March		February
			2021	Cash flows	2022
			£	£	£
Cash at bank and in hand			50,898	1,342	52,240

19. Pension commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £3,109 (2021: £2,602). No amounts were outstanding at the balance sheet date.

20. Related party transactions

During the year there were no transactions with the Trustees.

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