Charity number.. 1061716 DALTON PRE-SCHOOL NURSERY UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023
DALTON PRE-SCHOOL NURSERY CONTENTS Page Reference and admlnlstratlve detalls of the Charlty, Its Trustees and advlsers Trustees. report Independent examiner's report Statemont of financial activitios Balance sheet Statement of cash flows Notes to the flnanclal statements 10-20
DALTON PRE-SCHOOL NURSERY REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 28 FEBRUARY 2023 Trustees Ssgt Robert Johnson J Millar D O'Hara, Chair Charity registered number 1061716 Principal office Dalton Barracks Abingdon Oxfordshire OX13 6JB Accountants James Cowper Kreslon 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 2023 The Trustees present their annual report together with the fi'nancial statements of the Charity for the year 1 March 2022 10 28 February 2023. Oblectlves and Actlvltles Pollcles and oblectlves To aid the effi'ciency of the Armed Forces by the provision of local child care facilities which enable timely parentsl return lo the workplace. The setting aims lo pmvide a caring, sb'mulating environment providing children with the opportunity to learn through play. Places remain open to every family, supporting a culturally diverse community. Maln actlvltles undertaken to further the Charlty's purpose for publlc beneflt Dalton Pre-school Nursery delivers day care facilities and learning for children aged 04 years. Close lo the town of Abingdon, the Nursery is registered on the Early Years Register and both the compulsory and voluntsry part of the Childcare Register. It is managed by a Committee made up of staff, parents and Army personnel. The Nursery has 45 children on roll and supports children with Special Educational Needs andlor disabilities, and those with English as an additional language. Most children attending have parents serving in the Armed Forces. 11 is open on weekdays during school term limes, 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 benefi't. Achlevements and performance Revlew of actlvltles The Chair of Trustees and Manager continues to build and maintain effective, collaborative and sustsinable working relats'onships within a busy Pre-school. 45 Children registered within Pre-school setting, running lo near capacity. Training of stsff continues at pace with staff attending both extern81 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. Dealing with the closure of one Army Regiment and the arrival of another, and all the local personnel change those entails. The end of year graduation was a huge success as always, bidding a fond farewell lo 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 lo 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 2023 Financial reviow 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 lo adopt the going conrn basis in preparing the financial slalements. 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 0, three and four years. The Nursery Manager and Committee secured additional grants through local authority and the Amiy welfare organisation to further enhan resourTrs lo 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 proTrss, 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 2023 2022 Total Income Total Expenditure Net Incomellexpèndilurel beofre gains and losses Profivllossl on invèstment Net movement in funds Funds brought forward Funds carried forward 299,421 301 501 12,0801 313,750 276 501 37,249 758 38,007 60 587 13,4241 98 594 The reserve account contained £30,097. This is held to ensure that should the camp close, all the associated costs involved in the task of closing the nursery could be mel. structure. governance and managing Constitution Dalton Pre-school Nursery is governed by a conslilulion. The principal object of the charity is the provision of local child care facilities for children aged 0-4 years. Method of appointment or election of Trustees Trustees are appointed or reappointed annually at the Annual General Meeting. Page 3
OALTON PRE4CHOOL NURSERY TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 28 FE8RUARY 2023 Structur•. gov•m4rye• and m4noglng {contlnu•d) ORGANISATIONAL STRUCTURE AND OECISION MAKING Dalton Pr&ScI1 Nursery Is a member of thg PT8-Sthool Lgarnlng AllIar8 lch provk185 acadgmlc vemance supporl lo ihe setting. Thw is a chikl protection F<Jlicy In place. Full Slalulory checks are carried oul Pfior to commencement of employment or Irusleeship. setting has well estsblished links with local aLrthorlty edUtIon and 1[are departments and liaises closely ryth schooL8 to facililate pupil transition. The SChool Nursery Manager maintains close and effective worklng felationships th the Icrtal mllilary preSentate$ lo retain awareness of emerging issues that may impact on service dèlivery. With the military community, a Iranslent and d)anging populalion, lorrning a large majority of Ihe membership the PrfrS¢hcol Manager and stsff 8dopt flexible working arrangements lo maintain appropriate staffing ratios within the constraints of a taui budget. Parents and staff work closety to consider continuity ol leaming betrn h)me and r¥Jrsery, vthich is beneficsal for children exposed lo frequenl change. and aids preparation for laler stsS of leamirg thin the sglting. other nurseries or for their future moves to school. St•tom•nt of Truste•s' r•sponsibiliti•s The Trustee5 are responsible for preparing the Trustees. report and Ihe financial statements in accordance yth appltsble law and United lQngdorn Ac¢ounling Standards Iuniled Kingdom Generally Accepted Accounting The l•¥ applicable lo th8ritie8 in England & Wales requires the Trustèès to prepare finanaal statements for fanUal which give a true and fair view of the slate of affairs of the Charity and of its inecffling resc4Jrce5 appltion of resources. including its income and expenditure. for that period. In weparir•J these financial statements. the Trustee8 are required lo: select sutable accounting rx)liaes and then apply them consislenlly. sbswve the meihojs and prinrjples of the Charits'es SORP 2019 (FRS1021; make 1meThts and accounting eslimales that are reasonable and prudent.. stale Nthethei applble UK accounting standards IFRS 1021 have been followed, subject lo any matsial dyrture8 di8d08ed and explained in the finanei81 stsl•monls'. eparo thg financig18talemenls on Ihe goirKJ CrKern basis unless il is inappropriqlg to presume that the Charity wll CltinUe in business. Truslees are responslble for kèeplng prOr 8ccounllng re¢ords that are sufficlènl lo show and explain the transacts'& and di8cb89 wilh ieasonablg OCCUf8Cy al any limo Ihg financial position ol Ihe charity and able them to en8ure th81 Ihe financlal slalemenls comply ¥th the Charilles 2011, Ihe Charity (Accounts and Rep$) Rogulatson8 2thJ8 and the provlslon8 of Ihg Ir1181 deed. They are also responsible lor safeguarding 08set8 of Ihe charity arKI hence lor laklng reasonable steps lor the prevenllon arKI deleclKJn ol fraud and cthw Irr&Julwrtio•. Approved by ordof ol m•mb8r• of the bo•rd of Truile•o and 8lgn•d on thelr bghall by: Chair ol TN81••• P8ga 4 cs Camscanner
DALTON PRE-SCHOOL NURSERY INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 28 FEBRUARY 2023 Independent Examlner's Report to the Trustees of Dalton Pre-school Nursery I'the Charlty'l I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 28 February 2023. Responslbllltles and Basls 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 20111'the 2011 ACVI. 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 145lSllbl of the 2011 Act. Independent Examlner'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 confimi that l am qualified lo undertake the examination because l am a member of The Institute of Chartered Accountsnls in England and Wales, which is one of the listed bodies. 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 confimi that l am qualified lo undertake the examination because l am a member of The Institute of Chartered Accounlanls 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 IFRS 1021 in preference lo the Accounting and Reporting by Charities". Ststemenl of Recommended Practice issued on 1 April 2005 which is referred lo in the extsnt regulations bul has been withdrawn. l understand that this has been done in order for the accounts lo 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 wf(h the examination giving me cause lo believe that in any material respect". accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act", or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements concerning the fomi and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and faiv 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. Page 5
DALTON PRE-SCHOOL NURSERY INDEPENDENT EXAMINER'S REPORT ICONTINUEDI FOR THE YEAR ENDED 28 FEBRUARY 2023 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 stale to the Charity's Trustees those matters l am required to stale to them in an Independent examinevs report and for no other purpose. To the fullest exlenl 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.. Mr Alexander Peal FCA 19 Decemb8r 2023 James Cowper Kreston Chartered Accountants Reading Bridge House George Street Reading Berkshire RG1 8LS Page 6
DALTON PRE-SCHOOL NURSERY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2023 Unrestricted funds 2023 Restricted funds 2023 Total funds 2023 Total funds 2022 Note Income from: Donations and legacies Charitsble activities Other trading activities 899 899 52,232 260,978 540 298,522 298,522 Total income 299,421 299,421 313,750 Expenditure on: Charitsble activities 293,024 8,477 301,501 276,501 Total expenditure 293.024 8.477 301.501 276,501 Net ineomellexpenditurel before net Ilossesllgains on investments Nel Ilossesllgains on investments 6,397 11.3441 18,4771 12,0801 11.3441 37,249 758 Net movement in funds 5,053 18,4771 13,4241 38,007 Reconciliation of funds.. Total funds brought forward Nel movement in funds 61,572 5,053 37,022 18,4771 98,594 13,4241 60,587 38,007 Total funds carried forward 66.625 28.545 95.170 98,594 The Statement of Financial Activities includes all gains and losses reeognised in the year. The notes on pages 10 to 20 form part of these financial statements. Page 7
OALTON PRE4CHOOL NURSERY BALANCE SHEET AS AT 28 FEBRUARY 2023 2023 2022 Not9 Flxed assets Tangible assets Investments 30,721 111.087 38,250 11.431 10 40.808 49.681 Current assets Debtors Cash al bank and in hand Z1,41)4 58,466 1.291 52,240 79,870 53.531 Credilots= smo1$ falling due wlhln one 12 125,5081 14.6181 N•t ¢urr•nt assets $4,362 48,913 Total net assets 95,170 98.594 Charityfunds Restricted funds Unreslrf¢t¢d fiJr 13 28,545 66,625 37,022 61.572 Total tund5 95.170 98.594 The financial ststemenl$ were approved and lIlSed for issue by the Trustees and signed on Ihew behalf ty. Chair of Tr Date: I I stees The rwJte8 pag98 10 to 20 fomi part ofthèse fina181 stslemenls. Pag8 8 cs Camscanner
DALTON PRE-SCHOOL NURSERY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 28 FEBRUARY 2023 2023 2022 Note Cash flows from operating activities Nel cash used in operating activities 16 7.777 45,053 Cash flows from investing activities Purchase of tangible fixed assets 11,551} 143,7111 Net cash used In Investlng actlvltles 11,551) 143,7111 Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year 6,226 1,342 52.240 50,898 Cash and cash equlvalents at the end of the year 17 58,466 52,240 The notes on pages 10 to 20 form part of these financial statements Page 9
DALTON PRE-SCHOOL NURSERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 Accountlng pollcles 1.1 Basis of preparation of financial statements The financial slalements have been prepared in accordan with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20151, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 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 'lrue and fairf view. This departure has involved following the Charities SORP IFRS 1021 published on 16 July 2014 rather than the Accounting and Reporting by Charities.. Slalement of Recommended Practi 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 slated in the relevant accounting policy. 1.2 Income All income is recognised once the Charity has entillemenl lo the income, il 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 reiVed for specific purposes bul not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entillemenl of reipt, ils recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the lime of the donation. Income lax recoverable in relation lo investment income is recognised at the time the investment income is receivable. Other income is recognised in the period in which il is receivable and to the extent the goods have been provided or on completion of the servi. 1.3 Government grants Government grants relating lo tangible fixed assets are Irealed as deferred income and released lo the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Slalement of financial activities as the related expenditure is incurred. Page 10
DALTON PRE-SCHOOL NURSERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 Accountlng pollcles Icontlnuedl 1.4 Expendlture Expenditure is recognised once there is a legal or conslruclive obligation to transfer economic benefi't to a third paty, 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 stsff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Charitable activities and Govemance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable aclivilies. 1.5 Tanglble flxed assets and depreclatlon Tangible fixed assets are initially recognised al cost. After recognition, under the cost model, tsngible fixed assets are measured al cost less accumulated depreciation and any accumulated impairment losses. All costs incurred lo bring a tsngible 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 pmvided on the following bases.. Freehold propety Plant and machinery Fixtures and fittings Office equipment 200/0 Slraighl line 200/0 Slraighl line 200/0 Slraighl line 20Yo Slraighl line 1.6 Investments Fixed asset investments are a form of financial instrument and are inits'ally recognised al their transaction cost and subsequently measured at fair value al the Balance sheet date, unless the value cannot be measured reliably in which case it is measured al cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'GainsllLossesl on investments, in the Statement of Financial Activities. 1.7 Debtors Trade and other debtors are recognised al 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. Page11
DALTON PRE-SCHOOL NURSERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 Accountlng pollcles Icontlnuedl 1.9 Llabllltles Liabilities are recognised when there is an obligation at the balance sheet dale 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 il will pay to settle the debt or the amount il has received as advanced payments for the goods or services it Must provide. 1.10 Flnanclal 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 Penslons The Charity opeotes 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 accountlng General funds are unreslricled 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 reslriclions 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 lo the fi'nancial slalements. Income from donatlons and legacles Unrestrlcted Restricted funds funds 2023 2023 Total funds 2023 Total funds 2022 Donations Grants 899 899 51,105 Government grants Total 2023 899 899 52,232 Total 2022 1,142 51,090 52,232 Page 12
DALTON PRE-SCHOOL NURSERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 Income from charltable actlvltles Unrestrlcted funds 2023 Total funds 2023 Total funds 2022 Fees from parents 298,522 298,522 260,978 Total 2023 298,522 298.522 260,978 Total 2022 260,978 260,978 Income from other trading activities Income from fundraising events Unrestricted funds 2023 Total funds 2023 Total funds 2022 Fundraising income 540 Totsl 2023 540 Total 2022 540 540 Analysis of expenditure on charitable activities Summary by fund type Unrestricted Restricted funds funds 2023 2023 Total 2023 Total 2022 Direct costs 293,024 8,477 301,501 276,501 Total 2022 260,604 15,897 276,501 Page 13
DALTON PRE-SCHOOL NURSERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 Analysls of expendlture on charltable actlvltles Icontlnuedl Summary by expendlture type Staff costs Depreclatlon Other costs 2023 2023 2023 Total 2023 Total 2022 Direct costs 250, 187 9,080 42,234 301,501 276,501 Total 2022 222,230 5,578 48,693 27S,501 Independent examiner's remuneration 2023 2022 Fees payable lo the Charity's independent examiner in respect of.. Independent examination 3,300 staff costs 2023 2022 Wages and salaries Social security costs Pension 232,548 13.627 4,012 209,035 10,086 3,109 250,187 222,230 The average number of persons employed by the Charity during the year was as follows.. 2023 No. 2022 No. 18 18 No employee reiVed remuneration amounting lo more than £60,000 in either year. Page 14
DALTON PRE-SCHOOL NURSERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 Trustees. remuneratlon and expenses During the year, no Trustees received any remuneration or other benefils12022 - £NILI. During the year ended 28 February 2023, no Trustee expenses have been incurred12022 - £NILI. Tanglble flxed assets Froehold property Plant and Fixtures and machinery rittings Officg equipment Total Cost or valuation At 1 March 2022 42.720 2,357 270 55.557 3.921 1.281 104.555 1.551 Additions At 28 February 2023 42,720 2,627 55,557 5,202 106,106 Depreciation At 1 March 2022 Charge for the year 42,720 2,357 54 17,654 8.680 3,574 346 66,305 9.080 At 28 February 2023 42.720 2A11 26,334 3.920 75.385 Net book value At 28 February 2023 216 29.223 1.282 30.721 At 28 February 2022 37,903 347 38,250 10. Flxed asset Investments Listed investments Cost or valuation At 1 March 2022 11.431 11.3441 Revaluations At 28 February 2023 10,087 Net book value At 28 February 2023 10,087 At 28 February 2022 11,431 Page 15
DALTON PRE-SCHOOL NURSERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 10. Flxed asset Investments Icontlnuedl 11. Debtors 2023 2022 Trade debtors Other debtors 21,169 235 1,291 21,404 1,291 12. Creditors: Amounts falling due within one year 2023 2022 other laxalion and social security Other creditors Accruals and deferred income 1.832 20,136 1,318 3,300 25,508 4,618 Page 16
DALTON PRE-SCHOOL NURSERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 13. Statement offunds Statement offunds- currentyear Balance at Galnsl 28 February (Lossesl 2023 Balance at 1 March 2022 Income Expendlture Unrestricted funds General Funds 61,572 299,421 {293,0241 11,344) 66,625 Restricted funds MOD grants 37.022 18.4771 28.545 Total of funds 98,594 299,421 {301,5011 1,344) 95,170 The reslricled fund represents a grant from the MOD, specifically from the 'Earty Learning & Childcare Fund,. The money has been granted for the benefit of enhancing the learning experiences of military children in the nursery. ststgmgnt offunds- prioryear Balance at 1 March 2021 Balance at Gainsl 28 February (Losses) 2022 Transfers inlout Income Expenditure Unrestrlcted funds General Funds 60,587 262,660 1260,6041 11,8291 758 61,572 Restricted funds MOD grants 51,090 115,8971 1,829 37,022 Totsl of funds 60,587 313,750 1276,5011 758 98,594 Page 17
DALTON PRE-SCHOOL NURSERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 14. Summary of funds Summary of funds- current year Balance at Galnsl 28 February (Lossesl 2023 Balance at 1 March 2022 Income Expendlture General funds Reslricled funds 61.572 37.022 299.421 {293.0241 18.4771 11.344} 66.625 28.545 98,594 299,421 {301,5011 1,344) 95,170 Summary of funds- prior year Balan al 1 March 2021 Balance at Gainsl 28 February (Losses) 2022 Transfers inloul Income Expenditure General funds Reslricled funds 60,587 262,660 51,090 1260,6041 115,8971 11,8291 1,829 758 61,572 37,022 60,587 313,750 1276,5011 758 98,594 15. Analysis of net assets between funds Analysis of net assets between funds - current year Unrestricted Restricted funds funds 2023 2023 Total funds 2023 Tangible fixed assets Fixed asset investments 2,176 10,087 79,870 125,5081 28,545 30,721 10,087 79.870 125,508) Current assets Creditors due within one year Totsl 66,625 28,545 95,170 Page 18
DALTON PRE-SCHOOL NURSERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 15. Analysls of net assets between funds Icontlnuedl Analysls of net assets between funds - prlor year Unrestricted funds 2022 Reslricled funds 2022 Total funds 2022 Tangible fixed assets Fixed asset investments Current assets Creditors due within one year 1,228 11,431 53,531 14,6181 37,022 38,250 11,431 53,531 14,6181 Totsl 61,572 37,022 98,594 16. Reconciliation of net movement in funds to net cash flow from operating activities 2023 2022 Nel incomelexpendilure for the year las per Statement of Financial Acti'vities) 13,424} 38,007 Adjustments for: Depreciation charges IGainslllosses on investments Decreasellincreasel in debtors Increasellde¢reasel in Creditors 9.080 5,578 17581 2,770 15441 {20,113} 20,890 Net cash provided by operating activities 7.777 45,053 17. Analysls of cash and cash equlvalents 2023 2022 Cash in hand 58,466 52,240 Total cash and cash equivalents 58.466 52,240 Page 19
DALTON PRE-SCHOOL NURSERY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023 18. Analysls of changes In net debt At28 February 2023 At 1 March 2022 Cash flows Cash al bank and in hand 52.240 6.226 58.466 19. Penslon commltments 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 lo the fund and amounted to £4,012 12022.. £3,109). No amounts were outstsnding al the balance sheet dale. 20. Related party transactlons During the year there were no transactions with the Trustees. Page 20