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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||
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||||||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|
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|Freehold|property|2%on cost||
|---|---|---|---|
|Plant and|machinery|20%on reducing|balance|
|Motor vehicles||20%on reducing|balance|
|Computer|equipment|20%on reducing|balance|
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||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|
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||||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|205,910|||
|---|---|---|---|
|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|
##
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|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|
##
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|||||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)|
##
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##
||||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|
##
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##
|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)|