2021-03-31-accounts - Keighley Kiddicare Ltd

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		Page
Report ofthe Trustees	1	to	3
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	6	to	7
Notes to the Financial Statements	8	to	17
Detailed Statement ofFinancial Activities		18

					31.3.21	31.3.20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	f.			E
INCOME AND ENDOWMENTS FROM
Charitable activitIes
Charitable activities			237,025	54,430	291,455	355,925
Other trading activities			108		108
Investment income			15,502		15,502	14,405
Total			252,635	54,430	307,065	370,330
EXPENDITURE ON
Charitable activities
Charitable activities			210,210	55,132	265,342	361,838
Governance costs			46,717		46,717	44/12
Total			256,927	55,132	312,059	406,050
NET INCOME/(EXPENDITURE)			(4,292)	(702)	(4,994)	(35,720)
Other recognised gains/(losses)
Gains on revaluation offixed assets			72,605		72,605
Net movement in funds			68,313	(702)	67,611	(35,720)
RECONCILIATION	OFFUNDS
Total funds brought forward			236,261	6,655	242,916	278,636
TOTAL FUNDS CARRIED FORWARD			304,574	5,953	310,527	242,916

	31M	arch 2021
				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	9	98,810	2,807	101,617	82,554
Investment property	10	205,910		205,910	155,930
		304,720	2,807	307,527	238,484
CURRENT ASSETS
Debtors		14,058		14,058	22,425
Cash at bank and in hand		28,623	3,144	31,767	3,459
		42,681	3,144	45,825	25,884
CREDITORS
Amounts falling due within one year	12	(22,827)		(22,825)	(21,452)
NET CURRENT ASSETS		19,854	3,146	23,000	4,432
TOTAL ASSETSLESSCURRENT
LIABILITIES		324,574	5,953	330,527	242,916
CREDITORS
Amounts falling due after more than one year	13	(20,000)		(20,000)
NET ASSETS		304,574	5,953	310,527	242,916
FUNDS	16
Unrestricted funds:
General fund				48,894	52,167
Property Revaluation
				249,205	176,600
Capital Grant				6,475	7,494
				304,574	236/61
Restricted funds				5,953	6,655
TOTAL FUNDS				310,527	242,916

Freehold	property	2%on cost
Plant and	machinery	20%on reducing	balance
Motor vehicles		20%on reducing	balance
Computer	equipment	20%on reducing	balance

	for the	for the	for the	Year Ended 31March 2021
2.	OTHER TRADING ACTIVITIES
					313.21	31.3.20
					f.
	Fundraising events				108
3.	INVESTMENT INCOME
					31.3.21	31.3.20
					f.
	Rental income				15,502	17,499
	Rent arrears waived					(3,095)
	Deposit account interest					1
					15,502	14,405
	INCOME FROM	CHARITABLE ACTIVITIES
					31.3.21	31.3.20
			Activity
	Childcare fees		Charitable	activities	68,934	159,513
	Childcare fee bad debts		Charitable	activities	(5,999)	(6,812)
	Grants		Charitable	activities	228,520	203,224
					291,455	355,925
	Grants received, included		in the above, are	as follows:
					31.3.21	31.3.20
					f	f
	Nursery Education	Grant				2,030
	Special Educational	Needs	—Aiming High		1,950	9,158
	Early Education Fund				174,090	191,036
	Teconnex					1,000
	Coronavirus Job Retention		Scheme
					52,480
					228,520	203,224
5.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated aller charging/(crediting):
					31.3.21	31.3.20
					f.
	Depreciation -owned assets				3,562	4,346
	Other operating leases				4,631	2,479

			31.3.21	31.3.20
Direct charitable work			25	30
Administrative			2	2
			27	32
No employees received emoluments	m excess off60,000.
COMPARATIVES FORTHE STATEMENT OFFINANCIAL		ACTIVITIES
		Unrestricted	Restricted	Total
		funds	funds	funds
			f
INCOME AND ENDOWMENTS	FROM
Charitable activities
Charitable activities		345,767	10,158	355,925
Investment income		14,405		14,405
Total		360,172	10,158	370,330
EXPENDITURE ON
Charitable activities
Charitable actiiities		349,387	12,451	361,838
Governance costs		44,212		44,212
Total		393,599	12,451	406,050
NET INCOME/(EXPENDITURE)		(33,427)	(2293)	(35,720)
Transfers between funds			(500)
Net movement in funds		(32,927)	(2,793)	(35,720)
RKCONCILIATION OFFUNDS
Total funds brought forward		269,189	9,447	278,636
TOTAL FUNDS CARRIED FORWARD		236,262	6,654	242,916

		for the Year	Ended 31March	2021
9.	TANGIBLE FIXEDASSETS
		Freehold	Plant and	Motor	Computer
		property	machinery f	vehicles f.	equipment f	Totals
	COSTORVALUATION
	At 1April 2020	66,465	61,839	28,052	12,447	168,803
	Revaluations	22,625				22,625
	At 31 March 2021	89,090	61,839	28,052	12,447	191,428
	DEPRECIATION
	At 1 April 2020		52,296	23,022	10,931	86,249
	Charge for year		1/08	1,006	648	3,562
	At 31March 2021		54,204	24,028	11,579	89,811
	NET BOOKVALUE
	At 31March 2021	89,090	7,635	4,024	868	101,617
	At 31March 2020	66,465	9,543	5,030	1,516	82,554
	Cost or valuation at 31March 202 l	is represented	by:
		Freehold	Plant and	Motor	Computer
		property	machinery f.	vehicles	equipment f	Totals f
	Valuation in 2010	52,635				52,635
	Valuation in 2021	22,625				22,625
	Cost	13,830	61,839	28,052	12,447	116,168
		89,090	61,839	28,052	12,447	191,428

Investment Property
INVESTMENT PROPERTY
FAIR VALUE
At 1April 2020		155,930
Revaluation		49,980
At 31 March 2021		205,910
NET BOOK VAI.UE
At 31March 2021		205,910
At 31 March 2020		155,930
Fair value at31March 2021 is represented	by:
Valuation in 2010		123,965
Valuation in 2021		49,980
Cost		31,965
		205.910

			31.3.21	31.3.20
			f
Amounts	faHing due within one year:
Trade debtors			7,979	14,712
Prepayments		and accrued income	1,841	901
			9,820	15,613
Amounts	falling due aAer more than one year.
Trade debtors			4,238	6,812
Aggregate	amounts		14,058	22,425

12.	CREDITORS: AMOUNTS FALLING DUE	WITIIIN	ONE YEAR
				31.3.21	31.3.20
	Social security and other taxes			1,877	1,701
	Other creditors			497
	Accruals and deferred income			20,451	19,751
				22,825	21,452
13.	CREDITORS: AMOUNTS FALLING DUE AFTERMORE THAN ONE YEAR
				31.3.21	31.3.20
					f.
	Bank loans (see note 14)			20,000
14.	LOANS
	An analysis ofthe maturity ofloans is given below:
				31.3.21	31.3.20
	Amounts falling between one and two years:
	Bank loans —1-2years			4,000
	Amounts falling due between two and five years:
	Bank loans —2-5 years			12,000
	Amounts falling due in more than five years:
	Repayable by instalments:
	Bank loans more 5 yr by instal			4,000
15.	LEASING AGREEMENTS
	Minimum lease payments under non-cancellable	operating	leases fall due as follows:
				31.3.21	31.3.20
	Within one year			1,083	2,393
	Between one and five years			624	1,658
				1,707	4,051

MOVE	MENT		IN FUNDS
						Net
						movement	At
					At 1.4.20	in funds	31.3.21
					f	f	f
Unrestricted		funds
General	fund				52,167	(3,273)	48,894
Property	Revaluation
					176,600	72,605	249,205
Capital Grant					7,494	(1,019)	6.475
					236,261	68,313	304,574
Restricted funds
Grants						(16)	es
Minibus	Fixed		Asset
					6,574	(686)	5,888
					6,655 '	(702)	5,953
TOTALFUNDS					242,916	67,611	310,527
Net movement			in funds, included in the above are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
Unrestricted		funds
General	fund			252,634	(255,907)		(3,273)
Property	Revaluation
						72,605	72,605
Capital Grant					(1,020)		(1,019)
				252,635	(256,927)	72,605	68,313
Restricted funds
Grants				54,430	(54,446)		(16)
Minibus	Fixed		Asset
					(686)		(686'1
				54,430	(55,132)		(702)
TOTAL FUNDS				307,065	(312,059)	72,605	67,611

				Net	Transfers
				movement	between	At
			At 1.4.19	in funds	funds	31.3.20
					f
Unrestricted	funds
General fund			83,820	(32,153)		52,167
Property Revaluation
			176,600			176,600
Capital Grant			8,769	(1,275)		7,494
			269,189	(33,428)		236.261
Restricted funds
Grants			2,016	(1,435)	(500)	81
Minibus Fixed Asset
			7,431	(857)		6.574
			9,447	(2,292)	(500)	6,655
TOTAL FUNDS			278,636	(35,720)		242,916
Comparative	net movement	in funds, included	in the above are as follows:
				incoming	Resources	Movement
				resources f	expended f	in funds f,
Unrestricted	funds
General fund				360,172	(392,325)	(32,153)
Capital Grant					(1,275)	(1,275)
				360,172	(393,600)	(33,428)
Restricted funds
Grants				10,158	(11,593)	(1,435)
Minibus Fixed Asset
					(857)	(857)
				10,158	(12,450)	(2,292)
TOTAL FUNDS				370,330	(406,050)	(35,720)

			Net	Transfers
			movement	between	At
		At 1.4.19	in funds	funds	31.3.21
				f
Unrestricted	funds
General fund		83,820	(35,426)		48,894
Property Revaluation
		176,600	72,605		249,205
Capital Grant		8,769	(2,294)		6.475
		269,189	34,885		304,574
Restricted funds
Grants		2,016	(1,451)	(500)	65
Minibus Fixed Asset
		7,431	(1,543)		5,888
		9,447	(2,994)	(500)	5.953
TOTAL FUNDS		278,636	31,891		310,527

		Incoming	Resources	Gains and	Movement
		resources	expended	losses f	in funds f,
Unrestricted	funds
General fund		612,806	(648,232)		(35,426)
Property Revaluation
				72,605	72,605
Capital Grant			(2,295)		(2,294)
		612,807	(650,527)	72,605	34,885
Restricted funds
Grants		64,588	(66,039)		(1,451)
Minibus Fixed Asset
			(1,543)		(1,543)
		64,588	(67,582)		(2,994)
TOTAL FUNDS		677,395	(718,109)	72,605	31,891

for the Year Ended 3	1March 2021
	31.3.21	31.3.20
	f
INCOME AND ENDOWMENTS
Other trading activities
Fundraising events	108
Investment income
Rental income	15,502	17,499
Rent arrears waived		(3,095)
Deposit account interest		I
	15,502	14,405
Charitable activities
Childcare fees	68,934	159,513
Childcare fee bad debts	(5,999)	(6,812)
Grants	228,520	203,224
	291,455.	355,925
Totalincoming resources	307,065	370,330
EXPENDITURE
Charitable activities
Wages	260,350	324,149
Pensions	2,600	3,591
Other operating leases	4,631	2,479
Rates and water	7,091	9,952
Insurance	2,152	1,996
Light and heat	5,004	6,839
Telephone	1,656	2,481
Postage and stationery	1,540	1,665
Sundries	1,613	2,644
Minibus k, travel expenses	3,583	7,231
Equipment and outings	1,466	8,586
Food k, cleaning	2,972	8,334
Repairs and renewals	6,101	7,898
Accountancy	5,562	5,341
Training	593	994
Rent	1,583	7,525
Plant and machinery	1,909	2,386
Motor vehicles	1,006	1,257
Computer equipment	647	702
	312,059	406,050
Total resources expended	312,059	406,050
Net expenditure	(4,994)	(35,720)