Charlty Reglstratlon No. 1076227 BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS LEGAL AND ADMINISTRATIVE INFORMATION Trust*es Klrs E Dtom8de Nrtrs G Phllllps IApp(yntéd 19 Seplember 20191 IAppointed 16 October 20191 (Appolnt8d 16 Octobèr 20191 (Apptxnted 19 September 20191 (Appolnted 16 October 20191 IAppolnl8d 25 Septomber 2020} Mrs G Crutt8nden Mr N Halris MTS J M8ehon IAiss J Dobson IArs L Wllliams Charfty number 1076227 Independent examlner Moor8 ISoulh} LLP 33 The Clarendon Cen Salisbury Business Pork Dairy Meatlow Lane SAlisbvry Wiltshlre SP12TJ Bank¢r¥ CAF Bank Llm41ed 25 ￿ng8 Hlll Avenue Klngs Hlll West Malung ME19 4JQ BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS CONTENTS Trustaos, report Ind8P8ndent ex8mineV# r#w)rt Statement of ffinandal actlvilie$ Balon￿ sheel Notes to the fingnc4818tat8ments 8-14 BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2020 The trust8os p￿$￿[ thelr Fepori and flnandal statements for the year ￿ded 31 August 2020. The financlal statem8rTrts ha￿ been prepared in accordance wltvt Iha accounung pdlcl¢s sèt out In note I lo the financlal slatemcnts and cornply with th8 charlly's governing document, the Charllios Act 2011 and 'AccounUng 8nd Reporling by Charllies.. Slaterytent ol Recommended Praotsce 8ppliiable lo charities prepanng theSr 8(xounts in a¢¢orcJ8nce with Ihe Finartclal Rèporting Standard ap￿iCable In the UK and Republic of Ireland IFRS 1021 las amended for accounting poriods commencing Irotn 1 January 20161 Objectives and a¢tlvltles The tharfty's obl9ctives and maln airns Bra.. To maintain and keep provldlng high qualty chlldc8Te ￿th a haFs)y atmosphere within 8 Safe. Secu and stimulating environment. To encourage the development of self-esloem and ￿dependenC8. whlch wal help chlldren to m8ke a natiY81 tran5its.on to full-tirne sd)ooling. To ensure chNd 15 $(Ippurted in developlng tlielr pol8nlial at their ovm pale by means ol devBiopineiitally opprowiale play aL'livitie5 and a hlgh levol ol indlvidual adult iliPLIt. To provkle acllviliès and experiences iliat aig plaiined to meel theli. Indsvidu81 slaoes of developmeni wilfvin Ihe Q8rly years loundalion 51aqg. To always look at ways to Improve and update the 8nvlronmenL layouL equipment 8nfl ￿sU￿r¢¥$ avallable within lh8 Pfo-school 8nd Farm Friends. The polltyes adopted In furtherance of Ih&se obleclves aro avall2bl8 on tho webslte Iwww.bishopd()wDl8rmpr8scFK)ol.coml and Ère updated Uirouuhoitsi the yeer. The trustees paid due regard to guid8nct issued by the Charlty Commission in decidlng whal actlvlties the tharily shwld undertake. Aehlevements 8nd perfomianc8 As w￿h the rest of thè Wortd. Covld-19 ha5 had 8 hugè irtwact on our opgr81ioiis tlils yvar. our rnain locus was to k¢ep (#veryone $Af@ whi16t aper$Ung withln CDvid-19 guidellne$. Both Preschool and Faym Friend5 wefe C19Se￿ durliig loekdowis. Prescl?DoI rèopwed on the Isl 2020 Ilne wllh Government gvi¢Ance bui Fami Fr*81)£ts roniainod c105ed due to lack of demand. Duè to Covid-19 re5tri¢tion5. we were unabfe lo hold 8 number of ovr usual lundraising events Such as Sporty Day and our Sponsored Walk. We dld Inanag8 to have our Pr&Sthool Chrfstmas Party wlth ijisco Oioii. where w8 also held a second hand uniform sale to rai&6 some fuiids and haol 8 woiidorful Chrlstmss Raffle with prizè5 indiidliig F8mlly Museum P8$ses. Tours of a local Radio station, H8mpers, Soft play vouchers and Ore. Wo also gilted all Df our chilc*ren lovely book5 as Clii'islmai> presents l(> bè eiiioy¢d ￿￿1 home. Wè are incredlbly proud of Mari8 and all of our slatl. and how Ihey h8ve coped wllh th8 challenges of Covid-19. We have conlinuei5 to invest In st8ff dev&lop1ne￿t and awarded pay rises in 1Sne with the minimum wages incwse. Flnanclal r8Ylew It is th@ policy ol the Gharily Ihat unreslricletf funds which have not been designated for B $pe¢fiB use should be Inalntained 8t 8 levol equlv£ilont to b£'lw8*n three and six month s èxp8ndilure. The committee considers Ihat reserves at thi5 level will ensu￿ that, in tho evenl of a signill¢anl iliop lil fuiidii)u. Iliey wll be able to eontsnue the ch&ritY8 currei)l actiVltSes whilsl coiitslde¥alioii 18 9iveii to ways iii wliidi 8ddilional funds may be ralsèd. Despite the impacl gf CO￿]d-19, this le￿1 L)1 reservf>S h&s bpen maint81ned IhroLJghout1118 y&ar. Thtr crKnmiltee have asse8$8d the major risks to whtch the charfty IS exposed, are saLislied th8t systems are in place to mitig8te exposure to m8jor r15ks. BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS TRUSTEES, REPORT (CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2020 Future Plans Our key objediv8 for the cc*nlng yeaf IS to be able to r8open Farm Frfends alongsid8 Preschool. subjael to Covid-19 guldelings. Ongolng Committee recrullFnent is always a priority to ensure our committ88 has as many parents and ￿reT8 on boaid as posslble. We are hoplng to wntlnue the 5UPPl>rt that our Cornmlttè8 has ye￿ived in the last cou￿* of year5 by ￿¢rUitIng new members to rgplace thts5e who wlll be leav4n9 ¥vhen their thildr8n start Prlmary school in Sèpl6mber. Wilh the upcomlng changes to the EArly Years Found8tion St8ge Framework, Marie has already stertgd work on trainlng staff and plannSng for th8 imp18mentallon of Ihese changes. The trustees will support Marie and her ieam wlh Investment and resources 8S t)ece888ry lorthLs and 8ny other training 85 required. Wo have had ongolng dralna9elsew8r8ge problems since moving to the Greèntrees site and follt)wing a in$p8¢tion with Willshlre Council thè probl￿ ha5 been Identified. The plan is to dig out the current drain and putnp, re￿8￿¢ tho droppe¢l concrete and *nsl8118 new fit for purpose drafjn and pump system. stru¢tura, gov8man¢• and manauom•nt The ¢h8rity is an unTrncorporated entity. The trvste8s who s8rvert during the yoar up to Ihe dste of sign8tuie of the flnAncial ststements were.. Mrs S Pocock IResign8d 23 Sept*mb8¥ 20191 Mrs V A Crawford {Resign8d 9 September 20201 Mrs P R BU])l￿ddY [ReS￿ned 23 SeptenibBr 20191 Mrs E Dlomed8 Mrs G Good5m8 Mr O Leswlll Mrs G Phllllps Mrs G Cruttendon Mr N Harris L Housdpn IR8slgned 9 Sept8mber 20201 IRÈsignod 23 S6ptember 20191 IADpointed 19 September 20191 (Appolnted 16 O¢tober 20191 (Appolnied 16 October 20191 IN)pdnlod 19 Sept8wnber 2019 and rgsigned 9 sep￿mber 20201 (Appointed 19 Septembgr 2019) (Appointed 19 September 2019 ￿$$gn8d 9 SeptembBr 20201 (Appointed 16 Odober 2019 8nd resigned g SepternbeT 20201 (Appolnied 18 Octr)ber 2019 and resigned 9 Sept8mber 20201 (Appointed 16 O¢t¢ber 20191 (Appolnted 25 Sèptember 20201 Mrs J Meeh8ri Mrs E W8rren MrsLML Mts K Parsons Mlss J Dob50n Mrs L Williams Bisl?opdown Fami Commuiiliy Pf(*s¢hool gnd Farm Frlènds is Fvfj by a committee ol parents who 8re 81EGled ai)nually al tlio AGM and thrtrvahoul Ilio academic year for benef¢t of ihe lo¢al communily ol Bi5hopdown Fomi, Hompion Park and Rivoidowii PArk. BISHOPDOWN FARM COMMUNITY PRE SCHOOLAND FARM FRIENDS TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020 The o)mmittee 18 responslble lor the flfianc¢5 and managamenl or th8 setting. 11 Is made up of 3 officers., Chair, sec￿tary, Tr8asur8r. ￿th a Safeguarding and Heglth and Safety role and commltteo m8mbèrs. We hold 2 meelings a temi ¢0 make de¢lslons about the ¢urront and future man3gemenl Df the setting. At each Gommitt8e meeting the Tre88urer presents an up to d8te statement of accounts. All deci810n5 ffl3de by the commlttee are madè tn vlew ol Ihe fjnanu815iiJaltOll 8nd ￿quI￿￿ reserves, 8s 18id out In our ¢on8titulion and r8S81ve policy. Tha Pre-schod h8s much lo offer Pare￿1$ and c8rers. Thrwgh commrtlee work and lund-raistng, n8W Skills 2nd contid8nce can be galned. 11,5 a chance to get lo know others In the Same $i¢u8tion and lo davebp a support network. Parents can share ski115 snd intpr¢st8 urith the chilc*en. M8ny Illelong fTiendship5 begln In tho years when lh& ¢hTldren are at Preschooi logethor. The commlttee support8 th8 Pre-school by promotlng the settlng through onlino and p￿￿t media to E$sisI ￿th staff recruitm8nl and fursdrai51ng activlties. Tho comrnhttee supporis PTrs¢hool by auanging and Bttendlng several lundroislng events throughout the year suth as 8 Chnstma6 raffle, sports day cake sale and teddy b83r's plcnic. We employ 13 members of staff for 38 weeks per yew and pay hollday $nd118riient as per EV worting tlme directive. OUT Staff durlng th8 finanrA81 p&iod'. 1. K48rfe Ryan- Presthool and Fam FrieF¥Js Manager 2. Kgrry Rawllnson- Deputy Manager, Piglets room Leadgr & Farm Fri8nds A5sislanl 3. Nid(y Edwards- S8fegu8rding OffKer, Lambs rc>om Leader & Farm Friends Asslstant 4. St￿Y Dev8rill- Keworker alld Farm Friends SupeFvIsof {R¢$lgned Novemb8r 20201 5. Clalre Tomllnscffl- KèywoTk6r 6. Flona 8avan- Kewrker & Farm Frfends A5SiStant 7. Amy Harris- KeywoFker 8. Mikaela Jtbdd - SENCO & K8ywoTker- Our SENCO ag$lsts h 18Lilltallng 16arning support, behaviour support, SEN 855pssment and admlnlstr8tlon, and parent support. 9. Ch8rlotte Waters- Kgywork8r 10. Paula Smlth- Farm Friends AsslstAnt 11. Amy Gme- fina￿￿AdmInistT8tor 12. Amber Sharpe- Keyw(Kker 13. Chloe Musselwhite- Apprentlce The t¥ustees' report was approv8d by the Board of TA¢stee¥. hlrs G Ph1115ps Chair o(Trostees D8ted: 10 June 2021 BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BISHOPDOWN FARM COMMUNITY PRE SCHOOLAND FARM FRIENDS I report to the Iruslees on my examination of the financial statements of Bishopdown Farm Community Pre School and Farm Friends Ilhè charilyl for the year ended 31 August 2020. Responsibilities and ba818 of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of Ihe Charities Act 2011 (the 2011 Acll. I report in respect of my examination of the charity's financial slalemenls carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directs'ons given by the Charity Commission under section 14515llb) of the 2011 Act. Independent examlner's statement Your attention is drawn to the fact that the charity has prepared fin8nryal statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Repo￿.ng by Charities.. Statement of Recommended Practice issued on 1 Aprsl 2005 which is referred to in the extant Tegulalions bul has now been withdrawn. l understsnd that this has been done in order for financial sl?lemenls to provide a true and fair view in accordance with Generally Accepted Accounting Practi￿ effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confimi that no mallers have come to my attention in connection with the examination giving me cause lo believe that in any material respect.. aGcounting records were not kept in respect of the charity a5 required by section 130 of the 2011 Act,. or the financial slalements do not accord with those records,. or the financial stalgmenls 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 a¢wunts give a true and fair view which is not a malle¥ considered as part of an independent examination. I have no cOn￿rn$ a attention should be lo be reached. ve come across no other mallers in connection with the examination to whrh this report in order lo enable a proper understsnding of the linanciol Statements Robert Macdona Moore Isoulhl LLP 33 The Clarendon Centre Salisbury Business Park Dairy Meadow Lane Salisbury Willshire SP1 2TJ Dated". rt(L ZC)2 | BISHOPDOWN FARM COMMUNITY PRE SCHOOLAND FARM FRIENDS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2020 Currgnt Iln#n¢lal yèar Unre5tr1cted Restricted funds fund¥ 2020 2020 Total Total 2020 2019 Notes DDnations and Ipg8cie$ Charltable activities Other tradlng activittes Investments 114,122 40.081 1,172 9.842 123,964 40,081 1,172 80 128,191 76.360 1,687 62 Total incom# 355,455 9.842 165,297 206,300 charilab￿ acti￿11￿5 165.449 9.842 175,291 167.723 Ngt lexpondhureifincome for thè yearl Net movem•nt In funds 19,9941 19.994 38,577 Fund balances at 1 September 2019 195,581 795,561 157,004 Fund bolances at 31 Augusl 2020 185.587 185.587 195,581 The statemeni of finand81 aetivitles Induda5 all g¥ins and Ios588 lecognised In the year. l incomè and expendlture derlve fr(xn contlnuing Bctlvitie8. BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 3f AUGUST 2020 Prlor financlal yo3r Unrestrlcted R&s¢rlcted funds fund$ 2019 2019 Tot•1 2019 N¢*ts$ Income fr Donation5 and legacie8 Charilable activities Other ifading acdvltles Investment8 1U7,730 76,360 1,687 62 20,461 128.191 76.360 1,687 62 Total Income 185.839 20,461 206.3(K) Ch8ntable activiliBs 147,262 20.461 167,723 Not {?xpendlturelllncime for the yèarl Not mov¢ment In funds 38,577 38,577 Fund balan￿9 8t 1 SepteM1￿r 2018 157,(X)4 157,Q04 Fund balances at 31 August 2019 195.581 195,581 The statem8Tht of financial 8divitigs includes all g8ifkS and losses recognised In the year. All Incom8 and expendiiure derive fiom continuing activit*s. BISHOPDOWN FARM COMMUNITY PRE SCHOOLAND FARM FRIENDS BALANCE SHEET ASAT31 AUGUST2020 2020 2019 Notes Fixed assets Tangible assets Current a¥50ts Debtor5 Cash at bank 8nd In hand 11 28,043 30.611 12 574 162.186 4.654 162,884 162,760 167.538 Credltors: arnounls falllrg dua wlthln one y•a¥ 13 15,2161 12,5681 Net currenl assets 157,544 164,g70 Total assets Igss currenl Ilabllltl•s 18b,687 195.581 Income funds Lknrestri(a8d fuThSs 185,587 195.581 18S,587 195,581 The financi81 statsments were approved by the Trust8es on 10 June 2021 Mrs G Phllllps Tr￿Slee BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 202tI A￿OUntIng policies Charlty Information Bi5hopdown Farm Community Pre Sthi)d and Fami Frtends is an unlneorpoialed charity. 1.1 A¢countlng conventlo The flnanryal statements have ￿en propar8d in acci)rdance with the charily'g Igoverning ￿0￿mentI, the Charitie5 Act 2011 and "Accounts"ng and Reporting by Charitles.. Statement of Recomrn8nded Pwaclice appllcab18 to chadlies preparing thelr In 8¢cordanc8 with the Flnan¢ial Reporting St8ndard ap￿ICable in th& UK and Republic ol Ireland IFRS 1021 (effective l Janvary 20191 The charfty Is a Publlc Bgnefil Entl¢y as der￿d by FRS 102. The charlly has taken advantage of the provlslons in ihe SORP for tharflles appl￿￿9 FRS 102 Update Bu51Ètln 1 not lo wep&re 8 Stalement of Cash Flow6. The finandal statements have departed from the Charities IAccoun15 and Reports) RegUlat￿rn$ 2008 only the extent required lo provide a Irue and fair vlew. This departur8 has involvod following th& Statement of Rewmmend8d Practi￿ for thgrtties 3pplyin9 FRS 102 rathe¥ than the version of the Statement ot RecomrnEnded Pracuce which is referred to In the Re9ul8tions but whld) has since beon withdrawn. The finandal glBlements ère pr8par8d In sterling. whlch Is thè fundonel ¢urrency of the rJ)8rÈty. Mcm8tgry amounts In Ihese financAal s18teFrEents are rounded to the nearest £. Th& financial statements have been prepared un(Jer the historical cost convention, modifiod to include the revaluatlon of freeholij prop8rtie5 lo include investment propertie5 and c8rtan ffnandol instruments at fair value. The prI￿1paI atcounlng pollcic5 adopted are 5Qt out below. 1.2 Golng concern At Ihe b.me ol approvlng the Ilnalldal statements, tha Iw5tees have a ￿8$onable ex￿¢t￿tiOn th81 tho charlty has ddequate resources to continue In oper8lional existen¢8 for the lores8eabl8 ltsture. Thus the trustees continue lo adopt the goivJ concern ba515 vf accounl+ng ir pY8parSng the financlal st8￿meThI8. 1.3 Charltable fund5 Unrestrlcl8d luiids a￿ avgilalAe for u88 8t the di￿retIOn of the Irv8tees In fijrtherance of their ch8iktable oblectlves. Restricted fur)ds 8r8 subjoot to S￿elf1r condition5 by donors 85 to how they may be Usèd. The purtN)5es and uses ol thg restsicted funds aro set out Ivi Ihe notes to the financlal slatements. 1.4 Incomlng resource8 Income is ¥L>L￿gI￿lS&￿ wh4)n Ihe ch8rlly legally enlltled to it alteF arry porfomiance conditions have *)een m81, the ètntsuiitts can b8 measurÈd wliably. and it is PTobable thal inoomc will be received. Cash donations ar8 recognised on receipt. Other donatiorts ar8 reco9nised once tho charity has bee otified of thp don8lion. unless performance cotFdlllons require def*rral ol ihe arnounL Ir*como lax re¢overable in relation to donations recelved Under Gift Ald or de¢d8 uf rf)v8nart is rocJgni¥ed 51 ihts tlm¢ ofthg donauon. BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020 Accountlng poll¢les IConllnu•dl 1.5 Resour¢e$ expended Expenditure 1$ recognised onc& there Is a legal or collslructive obllgation lo moke a payment tc> a Ihird party, il is probable that settlèment will be required 8nd the aM0￿￿t of the obligation cen be measured r81iably. Exp8ndilure i6 d&5sified under the followlng aclimty h88dlng8: Expenditur& on charilable activities. which includes the co3ts of 8118Ctivitles undert8ken to %Ltrther tho purpose of the charity and their assouated support costs. Support costs a￿ those functions that assist the work of the charity but do not dlrectly undertake (*gritobl8 8Ctiwlitss. Suwort costs include office c05t5, finance costs and governance co$ls which swp)rt the tharity's prowamme tsf activ11￿6. 1.6 Tangible flx8d ass•ts Tangible flxed a882t8 8re inrt1811y m8asure¢ al c051 and subsequently measured at cost or valuation. net of depredats'on and any impairment1085es. DepreGS8tion is recogni8ed 80 as to write off the ￿)St or valuatK)n of ass8ts 1¢s5 thelr re5￿Ual values over th8ir us8fv1 lives on the fdlwng b8SgS'. Flxtures and fitb'ng5 3 years Tho gain or 1088 arislng on (he disp0881 of an asset is determlned as Ihe differgnea bètween Ihe sale proceeds and Ihe carrylng value of Ihe asset, and Ss rewgTriB8d In nel Incomellexpendiluro) for the year. 1.7 Impalmiont r)f flxod assets At 88ch repr)rt*ng end date. the charlty revl*ws the Carrylng arnount5 of Its tangible Bssels lo detemiine whelheT Iliere is Rny ind5¢allon tl)ai tlitssg sss@Is have sulfered an imp8irmenl loss. 11 any such indKat(on exists, the recoverable amount ￿ the asset 1$ estlmated In Order to determtne the extent of the impainrent loss lil any). 1.8 Cash and ¢a$h equEvalent5 Cash and ¢a8h equivalents inclu s81 off the iecounl$ed amounlts 8nd lli¢r& is an IntentM)n tQ Settle on a n¢1 basks orto reolise the as5e£ and $&llle the li8b¥llty slmuitsneousEy. B851¢ flnanelal assets Boslc fin#n¢i81 as5e15. which inelude doblors and Gash 8nd bank balaneos, are inllially measured at traii$aclton price Includlnu Irfjn$aGlloii cos15 and aria 6ubseouenlly carri¢(J 81 amortiseé cosl usiiTrg lh$ gff&clive Iiiierest melliod unless the arfangemoni Gtsnslllulos & finarithi)g Irans&¢litsn. where the transaction 1% raèatsLtred at Ihe prgsenl valuo ol Ihe fiiture ieceipts dlstounted pl a markel rat¢ of inieresl. Fi118nc*al assets dassffjed BS roreivable wilhin one year are nul ornorllspd. BISHOPDOWN FARM COMMUNITY PRE SCHOOLAND FARM FRIENDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020 A¢￿U￿tIng pollcl*$ Icontlnuedl Bask flnan¢lalll8billlles Ba51c finandal liabililles, Indudlng ￿dItorS and bank loaThs are inltially recognlsed al Irttnsaclion prlce unless the arrangement C0Th5titutes a financing transa¢llon, where the debl instrument is measured at the prosenl v8lur* or the future paymènts discounted at a market rate of Inter8St. Fin&nLyal li8bilities classified as pay8ble within one y88r are not amorbsed. Debt instruments are subsequently carded et 8morbsed cost. using thè 8ffectEve Interag1 rate mothod. Trsde creditors are obligations to pay for goods 01 s6Nices that have bgen a¢qulF&d In the ordlnary couis¢ of opgr8tion5 from suppliers. Amwnts payabte ar8 c185S[f￿d as current liatrA'lities if pa￿ent Is due wthin c#)e year or less. If not, Ihay are presented as non-currgnt liabil￿tI￿s. Trade credltors are re￿nISed Inlually at transaction pric8 and subsequently me8sured at 8mortised cost ustng the effeellve interest method. Derecognition of fiMnel•l Il•bllltle8 Flnancial Ilabllities 8T8 dor8cogni8ed when th6 charity's contractual obligatiolls exp5￿ or are discharged or c3rTc81t8d. 1.111 Employe8 benefit¥ The cost of any unused holiday entit16m￿l Is recognlsgd In th8 pe￿0d Ir) whlch th8 8mploy8e's seMCaS aro received. T•rmlnaUon benefits are rtcognised immedi8t&ly 85 an expense when the eharfty 18 demonsirably commRted to temilnale the etnploytnent ol an employeo or io provide termlnatl¢)n benefits. Crltlcal a¢counUwtg e8tirnates judg*m8nts In th8 applKaU(m of the chariws 8ecounling rK)liaes. the trustees ar8 rèqulred lo m8ke judgem8￿ts, estimate8 and assumption5 about the corrylng am¢)unt of assets and li8bililie5 that are re8dlly 8pp8renl Ifom other sour¢e5. The estimalgs and 8ssociated assumptions ère based on hlstorf¢al experience an olher factors that ar8 considered to b8 TelevanL Actual results may differ from these Èstimates. The esllmat8S and un4JerfyiThJ a$sumptlons a￿ reviewed ofi an ongolng basls. Revislor55 to accoun*"ng estimates are recognised in Ihe ppriod in whlch thc eslimat8 is ievlsed wh&r8 the ievlslon affects only that period. or in the p&riod of the revlslon and futijre period5 whorfj the revision affects bolh current and fulure periods. Donallon5 and legacles Vnrestrlettd R*stricted funds Tot81 Unrestricted Restricted fijnds (unds Tot81 2020 2020 2020 2019 2019 201C WCC grants 114,122 9,842 123,964 107,730 20,461 128,191 BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020 Donatlon$ and le9¥cS (Contlnu8dl Grants re¢olvable lor core a¢tlvltl&s Olhèr 114,122 9,842 123,964 107.730 20,461 128,191 114,122 9.842 123.964 107,730 20.461 128,191 Charlt#blo actlvltles Chadtable Charltable Income Income 2020 2019 Parent's fees Fami frlends fees 8,388 31.693 19,564 56,796 40,081 76,360 Olhgr tradlng a¢tlvWe Unre$trl¢tèd Llniestricted lund8 funds 2020 2019 Uniforni s8105 Fundraising Late payments Olher income 95 267 110 179 1.245 150 113 Olhor trading acliviti8S 1,172 1,887 Investments Unre$trlct¢d Unrestrithtrd funds funds 2020 2019 Interest recelvable 80 62 BISHOPDOWN FARM COMMUNITY PRE SCHOOLAND FARM FRIENDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020 Ch8rftabJe 8ciwitle Unre8tr1crad R8strlcttd Costs C05t5 2020 2020 Total Unr¢strlcr8d R05tri¢t6d 2020 Costs Costs 2019 2019 Total 2019 staff co$ts Depreaation and lrnpalrment St8fl unKorm$ Advertising Office costs Ttrlephone Consumables Children's unilorms Nursery resourc￿ and equipm6nl Trip expenses Rel￿shments Training SUnd￿e$ utilities Other tharita￿e expenditvre 142.872 9.842 152.714 118,ODO 20,481 138.461 4,875 482 120 1,655 4,875 482 120 1,655 4.111 333 120 1,107 2,465 1.554 102 4.111 333 120 1,107 2,465 1.554 102 1.611 220 1.611 220 5,089 728 1.530 2.490 1.159 5.089 728 1,530 2,490 1,159 10,353 8fj9 1.900 1.395 1.205 1.135 10.353 869 1.900 1,395 1.205 1,135 1,102 1.102 1,064 163,933 9.842 173.775 145,713 20,461 166,174 Share of govemance costs Ise8 note 81 1,516 1,516 1.549 1,549 165,449 9.e42 175.291 147.262 20,461 167.723 Analy$ls by fund Unrestrtcted furÈds RestricleLI funds 165.449 16S,449 9,842 147,262 147.262 20,461 9.842 20,461 165,449 9.842 175,291 147,262 20.461 167.723 12. BISHOPDOWN FARM COMMUNITY PRE SCHOOLAND FARM FRIENDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2020 Support eost5 Support Gov8manco costs costs 2020 Support Governance Costs 2019 Legal and professional Accountsncy 616 900 616 900 463 1,086 4eg 1.086 1.516 1,516 1,549 1,549 Analysed b&￿een Ch8rllabl& activtlies 1.516 1,516 1.549 1.549 Trustees None ofthe Iwsloes lor any ￿rSOn$ connected wkth them) r￿￿ed any remun8r8tlon or benefits Irom the charily duiin9 thè ygar. 10 Employees The Mverag8 monthly number of employees durlng the year was: 2020 Number 2019 Number Pre-school staff 13 Employment ¢o$ts 2020 2019 Waggs and 53laries Sori81 securily costs Other pen8ion costs 147.4S7 3.151 2,106 130,719 6,185 1,557 1tsf2,714 138.461 There were no ¢mployegs whose annual remuneratw was £60,000 or more, 13- BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2020 11 Tanglble fixed assets FI￿￿r*¥ flttlngs C05t At 1 Sept8rnb8r 2019 AdditlOn5 43.135 2,307 Al 31 Augus12020 4S,442 DepreGla¢lon and imp8irrnent At 1 September 2019 Depreciatlon charged in the year 12,524 4.875 At 31 Auousl 2020 17,399 CBrrylng •mounl Al 31 August 2020 28.043 At 31 August 2019 30,611 12 Debtor$ 2020 2019 Amounts falllng due wlthln one year. Trade debtors 574 4,654 13 Credlttsrg: amount$ falling duè wbthln ofiè year 2020 2019 Othei taxalion arsd soclal securlly Other crtsdito¥s Accruals and deferred incorne 1,843 2.573 800 1.803 1351 8DO 5.216 2,568 14 Related party transaGtlons Th8r& were no dlsclosable relat6d party tronsadons during the year12019- nonel- 14- ## **Document Activity Report** ## **Document Sent** Tue, 22 Jun 2021 13:45:12 GMT ## **Document Activity History** Document history shows most recent activity first ## **Date** ## **Activity** You can verify that this is a genuine Portal document by uploading it to the following secure web page: **https://mooresouth.accountantspace.co.uk/messages/VerifyDocument**