**Charity registration number 1076227**
**BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
Mrs E Diomede Mrs S Stuttaford (Appointed 15 September 2021) Miss E Twyman (Appointed 15 September 2021) Mrs K Glasson (Appointed 15 September 2021) Miss S Crump (Appointed 7 February 2023)
**Charity number** 1076227 **Independent examiner** Moore (South) LLP 33 The Clarendon Centre Salisbury Business Park Dairy Meadow Lane Salisbury Wiltshire SP1 2TJ **Bankers** CAF Bank Limited 24 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
## **BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **CONTENTS**
**----- Start of picture text -----**
Page
Trustees' report 1 - 3
Independent examiner's report 4
Statement of financial activities 5 - 6
Balance sheet 7
Notes to the financial statements 8 - 16
**----- End of picture text -----**
## **BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
The trustees present their annual report and financial statements for the year ended 31 August 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2019).
## **Objectives and activities**
The charity's objectives and main aims are:
- To maintain and keep providing high quality childcare with a happy atmosphere within a safe, secure and stimulating environment.
- To encourage the development of self-esteem and independence, which will help children to make a natural transition to full-time schooling.
- To ensure each child is supported in developing their potential at their own pace by means of developmentally appropriate play activities and a high level of individual adult input. To provide activities and experiences that are planned to meet their individual stages of development within the early years foundation stage.
- To always look at ways to improve and update the environment, layout, equipment and resources available within the Pre-school and Farm Friends.
The policies adopted in furtherance of these objectives are available on the website (www.bishopdownfarmpreschool.com) and are updated throughout the year.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
Covid-19 continued to impact on our operations, our main focus was to continue to keep everyone safe whilst operating within Covid-19 guidelines and maintaining a quality childcare environment. Farm Friends provides an essential service to support working parents within the community in Bishopdown Farm and surrounding areas; funds from Farm Friends ensure we are able to address increased costs due to the rising fuel and food costs as well as increased outgoings as a result of Greentrees Primary School becoming part of the Pickwick Academy Trust.
We continue to be as ever incredibly proud of Marie and all of our team at pre-school and Farm friends, and how they have coped with ongoing challenges. We have continued to invest in staff development and awarded pay rises in line with the minimum wages increase.
## **Financial review**
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The committee considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities whilst consideration is given to ways in which additional funds may be raised. Despite the impact of Covid-19, this level of reserves has been maintained throughout the year. The committee have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to major risks.
## **Plans for future periods**
Our key objective for the coming year is to increase involvement of parents and carers in the committee, fundraising and volunteering activities.
- 1 -
**BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **Structure, governance and management**
The charity is an unincorporated entity.
The trustees who served during the year and up to the date of signature of the financial statements were: Mrs E Diomede
Mrs G Phillips (Resigned 6 February 2023) Mrs G Cruttenden (Resigned 15 September 2021) Mr N Harris (Resigned 20 October 2021) Mrs J Meehan (Resigned 15 September 2021) Miss J Dobson (Resigned 20 October 2021) Mrs L Williams (Resigned 9 September 2021) Mrs S Stuttaford (Appointed 15 September 2021) Miss E Twyman (Appointed 15 September 2021) Mrs K Glasson (Appointed 15 September 2021) Miss S Crump (Appointed 7 February 2023)
Bishopdown Farm Community Pre-school and Farm Friends is run by a committee of parents who are elected annually at the AGM and throughout the academic year for the benefit of the local community of Bishopdown Farm, Hampton Park and Riverdown Park. The committee is responsible for the finances and the overall management of the setting.
It is made up of 3 officers; Chair, Secretary, Treasurer, with a Safeguarding and Health and Safety role and committee members. We hold a minimum of 2 meetings per academic year to make decisions about the current and future management of the setting. At each committee meeting the Treasurer presents an up to date statement of accounts. All decisions made by the committee are made in view of the financial situation and required reserves, as laid out in our constitution and reserve policy.
The Pre-school has much to offer parents and carers. Through committee work and fund-raising, new skills and confidence can be gained. It’s a chance to get to know others in the same situation and to develop a support network. Parents can share skills and interests with the children. Many lifelong friendships begin in the years when the children are at Preschool together.
The committee supports the Pre-school by promoting the setting through online and print media to assist with staff recruitment and fundraising activities.
The committee supports Pre-school by arranging and attending several fundraising events throughout the year.
- 2 -
## **BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
We employ 13 members of staff for 38 weeks per year and pay holiday entitlement as per EU working time directive.
Our staff during the financial period:
1. Marie Ryan – Preschool and Farm Friends Manager
2. Kerry Rawlinson – Deputy Manager, Piglets room Leader & Farm Friends Assistant (resigned March 2022)
3. Nicky Edwards – Deputy Manager, Safeguarding Officer, Lambs room Leader & Farm Friends Assistant
4. Stacey Deverill – Keyworker and Farm Friends Supervisor (Resigned November 2020)
5. Claire Tomlinson – Keyworker
6. Fiona Bevan –Piglets room Leader, Keyworker & Farm Friends Assistant
7. Amy Harris – Keyworker (resigned November 2021)
8. Mikaela Judd - SENCO & Keyworker - Our SENCO assists in facilitating learning support, behaviour support, SEN assessment and administration, and parent support. (Resigned November 2021)
9. Charlotte Waters – Keyworker (Resigned in November 2021)
10. Paula Smith – Farm Friends Assistant
11. Amy George – Finance Administrator (Resigned in November 2021)
12. Amber Sharpe – SENCO & Keyworker - Our SENCO assists in facilitating learning support, behaviour support, SEN assessment and administration, and parent support.
13. Chloe Musselwhite – Apprentice
14. Natasha Agnew - Keyworker
15. Kirsty Fiander - Parson- Keyworker
16. Katie Power - Finance Administrator
17. Leah Williams - Keyworker
The trustees' report was approved by the Board of Trustees.
Miss S Crump **Chair of Trustees**
27 June 2023
- 3 -
## **BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
I report to the trustees on my examination of the financial statements of Bishopdown Farm Community Pre School and Farm Friends (the charity) for the year ended 31 August 2022.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared financial 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 (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 now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019.
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 financial statements do not accord with those records; or
- 3 the financial statements 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 financial statements to be reached.
Robert Macdonald FCCA Moore (South) LLP
33 The Clarendon Centre Salisbury Business Park Dairy Meadow Lane Salisbury Wiltshire SP1 2TJ
Dated: 27 June 2023
- 4 -
## **BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
|**Current financial year**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**2**
73,460
47,693
Charitable activities
**3**
73,165
-
Other trading activities
**4**
218
-
Investments
**5**
41
-
**Total income**
146,884
47,693
**Expenditure on:**
Charitable activities
**6**
153,723
47,693
**Net expenditure for the year/**
**Net movement in funds**
(6,839)
-
Fund balances at 1 September 2021
162,396
-
**Fund balances at 31 August 2022**
155,557
-|**Total**
**2022**
**£**
121,153
73,165
218
41
194,577
201,416
(6,839)
162,396
155,557|Total
2021
**£**
110,796
41,447
1,193
5
153,441
176,632
(23,191)
185,587
162,396|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 5 -
## **BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 AUGUST 2022**_
|**Prior financial year**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**2**
87,304
23,492
Charitable activities
**3**
41,447
-
Other trading activities
**4**
1,193
-
Investments
**5**
5
-
**Total income**
129,949
23,492
**Expenditure on:**
Charitable activities
**6**
153,140
23,492
**Net expenditure for the year/**
**Net movement in funds**
(23,191)
-
Fund balances at 1 September 2020
185,587
-
**Fund balances at 31 August 2021**
162,396
-|**Total**
**2021**
**£**
110,796
41,447
1,193
5
153,441
176,632
(23,191)
185,587
162,396|
|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 6 -
## **BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **BALANCE SHEET**
## _**AS AT 31 AUGUST 2022**_
|**Notes**
**Fixed assets**
Tangible assets
**11**
**Current assets**
Debtors
**12**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**13**
Net current assets
**Total assets less current liabilities**
**Income funds**
Unrestricted funds|**2022**
**£**
8,113
125,274
133,387
(7,617)|**£**
29,787
125,770
155,557
155,557
155,557|**2021**
**£**
3,515
133,417
136,932
(4,621)|**£**
30,085
132,311|
|---|---|---|---|---|
|||||162,396|
|||||162,396|
|||||162,396|
The financial statements were approved by the Trustees on 27 June 2023
Miss S Crump **Trustee**
- 7 -
**BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **1 Accounting policies**
## **Charity information**
Bishopdown Farm Community Pre School and Farm Friends is an unincorporated charity.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Incoming resources**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
- 8 -
**BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **1 Accounting policies**
## **(Continued)**
## **1.5 Resources expended**
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 are allocated on the portion of the asset’s use.
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
- Expenditure on charitable activities, which includes the costs of all activities undertaken to further the purpose of the charity and their associated support costs.
- Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include office costs, finance costs and governance costs which support the charity's programme of activities.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings 3 years
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
- 9 -
**BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **1 Accounting policies**
## **(Continued)**
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
- 10 -
## **BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **2 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**£**
**£**
WCC grants
73,460
47,693
**Grants receivable for core activities**
Other
73,460
47,693
73,460
47,693|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2021**
**2021**
**£**
**£**
**£**
121,153
87,304
23,492
121,153
87,304
23,492
121,153
87,304
23,492|**Total**
**2021**
**£**
110,796|
|---|---|---|
|||110,796|
|||110,796|
- 11 -
## **BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **3 Charitable activities**
||**Charitable**|**Charitable**|
|---|---|---|
||**Income**|**Income**|
||**2022**|**2021**|
||**£**|**£**|
|Parent's fees|21,701|28,681|
|Farm friends fees|51,464|12,766|
||73,165|41,447|
## **4 Other trading activities**
||**Unrestricted **|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2022**|**2021**|
||**£**|**£**|
|Uniform sales|202|440|
|Fundraising|16|222|
|Late payments|-|40|
|Other income|-|491|
|Other trading activities|218|1,193|
## **5 Investments**
||**Unrestricted **|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2022**|**2021**|
||**£**|**£**|
|Interest receivable|41|5|
- 12 -
## **BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
|6
**Unrestricted**
**Costs**
**Restricted**
**Costs**
**2022**
**2022**
**£**
**£**
Staff costs
111,203
47,693
Depreciation and
impairment
3,691
-
Staff uniforms
349
-
FSM Vouchers
1,145
-
Advertising
186
-
Office costs
2,402
-
IT/Computer costs
309
-
Consumables
1,357
-
Children's uniforms
506
-
Nursery resources and
equipment
6,097
-
Trip expenses
63
-
Refreshments
4,470
-
Training
2,778
-
Insurance & OFSTED fee
35
-
Utilities
5,628
-
Other charitable
expenditure
7,980
-
148,199
47,693
Share of governance costs
(see note 7)
5,524
-
153,723
47,693
**Analysis by fund**
Unrestricted funds
153,723
-
Restricted funds
-
47,693
153,723
47,693|Charitable activities
**Total**
**2022**
**Unrestricted**
**Costs**
**Restricted**
**Costs**
**Total**
**2021**
**2021**
**2021**
**£**
**£**
**£**
**£**
158,896
121,745
23,492
145,237
3,691
3,031
-
3,031
349
869
-
869
1,145
1,935
-
1,935
186
193
-
193
2,402
6,847
-
6,847
309
654
-
654
1,357
1,877
-
1,877
506
279
-
279
6,097
8,007
-
8,007
63
307
-
307
4,470
1,307
-
1,307
2,778
2,002
-
2,002
35
1,051
-
1,051
5,628
1,404
-
1,404
7,980
106
-
106
195,892
151,614
23,492
175,106
5,524
1,526
-
1,526
201,416
153,140
23,492
176,632
153,723
153,140
-
153,140
47,693
-
23,492
23,492
201,416
153,140
23,492
176,632|Charitable activities
**Total**
**2022**
**Unrestricted**
**Costs**
**Restricted**
**Costs**
**Total**
**2021**
**2021**
**2021**
**£**
**£**
**£**
**£**
158,896
121,745
23,492
145,237
3,691
3,031
-
3,031
349
869
-
869
1,145
1,935
-
1,935
186
193
-
193
2,402
6,847
-
6,847
309
654
-
654
1,357
1,877
-
1,877
506
279
-
279
6,097
8,007
-
8,007
63
307
-
307
4,470
1,307
-
1,307
2,778
2,002
-
2,002
35
1,051
-
1,051
5,628
1,404
-
1,404
7,980
106
-
106
195,892
151,614
23,492
175,106
5,524
1,526
-
1,526
201,416
153,140
23,492
176,632
153,723
153,140
-
153,140
47,693
-
23,492
23,492
201,416
153,140
23,492
176,632|
|---|---|---|
|||175,106
1,526|
|||176,632|
|||153,140
23,492|
|||176,632|
- 13 -
**BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **7 Support costs**
|Legal and professional
Accountancy
Analysed between
Charitable activities|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
-
3,744
-
1,780
-
5,524
-
5,524|**2022**
**£**
3,744
1,780
5,524
5,524|**2021**
**£**
626
900|
|---|---|---|---|
||||1,526|
||||1,526|
## **8 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **9 Employees**
The average monthly number of employees during the year was:
|Pre-school staff
**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2022**
**Number**
11
**2022**
**£**
153,170
3,218
2,508
158,896|**2021**
**Number**
13|
|---|---|---|
|||**2021**
**£**
140,799
2,410
2,028|
|||145,237|
There were no employees whose annual remuneration was more than £60,000.
## **10 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
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## **BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
|**11**
**Tangible fixed assets**
**Cost**
At 1 September 2021
Additions
At 31 August 2022
**Depreciation and impairment**
At 1 September 2021
Depreciation charged in the year
At 31 August 2022
**Carrying amount**
At 31 August 2022
At 31 August 2021
**12**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
**13**
**Creditors: amounts falling due within one year**
Other taxation and social security
Other creditors
Accruals and deferred income|**Fixtures and fittings**
**£**
50,515
3,393
53,908
20,430
3,691
24,121
29,787
30,085
**2022**
**2021**
**£**
**£**
8,113
3,515
**2022**
**2021**
**£**
**£**
1,188
1,552
4,749
2,269
1,680
800
7,617
4,621|**Fixtures and fittings**
**£**
50,515
3,393
53,908
20,430
3,691
24,121
29,787
30,085
**2022**
**2021**
**£**
**£**
8,113
3,515
**2022**
**2021**
**£**
**£**
1,188
1,552
4,749
2,269
1,680
800
7,617
4,621|
|---|---|---|
|||53,908|
|||20,430
3,691|
|||24,121|
|||29,787|
|||30,085|
|||**2021**
**£**
3,515|
|||**2021**
**£**
1,552
2,269
800|
|||4,621|
- 15 -
**BISHOPDOWN FARM COMMUNITY PRE SCHOOL AND FARM FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2022**_
## **14 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|**Movement**|**in funds**|||**Movement in funds**|**Movement in funds**||
|---|---|---|---|---|---|---|
|**Incoming**|**Resources**||**Balance at**|**Incoming**|**Resources**|**Balance at**|
|**resources**|**expended**|**1**|**September**|**resources**|**expended**|**31 August**|
||||**2021**|||**2022**|
|**£**|**£**||**£**|**£**|**£**|**£**|
|23,492|(23,492)||-|47,693|(47,693)|-|
## **15 Related party transactions**
There were no disclosable related party transactions during the year (2021 - none).
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