2020-11-30-accounts - Rainbow Day Nursery

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Report ofthe	Trustees
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet
Notes to the	Financial Statements		5	to	10
Detailed Statement of Financial Activities

for the Year Ended 30 Novemb	er 2020
							30.11.20	30.11.19
				Unrestricted	Restricted		Total	Total
				fund	funds		funds	funds
			Notes		F			P
INCOME AND ENDOWMENTS Donations and legacies	FROM			30			29	170
Charitable activities
Enhancement, development and education children primarily under school age		of		354,569		333	354,902	407,111
Other trading activities Invesiinent income				157 25			157 25	4,694 12
Total				354,781		332	355,113	411,987
EXPENDITURE ON
Charitable activities
Enhancement, development and education children primarily under school age		of		346,639		333	346,972	385,014
NET INCOME/(EXPENDITURE)				8,142			8,141	26,973
RECONCILIATION OF FUNDS
Total funds brought forward				51,882	3,657		55,539	28,566
TOTAL FUNDS CARRIED FORWARD				60,024	3,656		63,680	55,539

Balance Sheet 30 November 2020
				30.11.20	30.11.19
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	F	f		F
FIXEDASSETS
Tangible assets	7	10,056	1,553	11,609	6,239
CURRENT ASSETS
Debtors		11,606		11,606	12,805
Cash at bank and in hand		122,784	5,881	128,665	81,652
		134,390	5,881	140,271	94,457
CREDITORS
Amounts falling due within one year		(38,590)	(3,777)	(42,367)	(45,157)
NET CURRENT ASSETS		95,800	2,104	97,904	49,300
TOTAL ASSETS LESS CURRENT LIABILITIES		105,856	3,657	109,513	55,539
CREDITORS
Amounts falling due after more than one year	10	(45,833)		(45,833)
NET ASSETS		60,023	3,657	63,680	55,539
FUNDS	12
Unrestricted funds				60,023	51,882
Restricted funds				3,657	3,657
TOTAL FUNDS				63,680	55,539

NET INCOME/(EXPENDIT	URE)
Net income/(expenditure)	is stated after charging/(crediting):
		30.11.20	30.11.19
			F
Depreciation -owned assets Deficit on disposal offixed assets		2,162	1,207 42,138

COMPARATIVES FOR THE ST	ATEMENT	OF FINANCIA	L ACTIVITIES
			Unrestricted	Restricted	Total
			fund	funds	funds
			F	F
INCOME AND ENDOWMENTS	FROM
Donations and legacies			170		170
Charitable activities
Enhancement, development and education children primarily under school age		of	369,148	37,963	407,111
Other trading activities Investment income			4,694 12		4,694 12
Total			374,024	37,963	411,987
EXPENDITURE ON
Charitable activities
Enhancement, development and education children primarily under school age		of	346,131	38,883	385,014
NET INCOME/(EXPENDITURE)			27,893	(920)	26,973
RECONCILIATION OF FUNDS
Total funds brought forward			23,990	4,576	28,566
TOTAL FUNDS CARRIED FORWARD			51,883	3,656	55,539

TANGIBLE FIXEDAS	SE	TS
					Fixtures
				Plant and	and	Computer
				machinery	fittings	equipment	Totals
COST
At 1 December 2019 Additions				5,613 7,272	3,118 260	2,472	11,203 7,532
At 30 November 2020				12,885	3,378	2,472	18,735
DEPRECIATION
At 1 December 2019 Charge for year				1,635 1,688	1,370 346	1,959 128	4,964 2,162
At 30 November 2020				3,323	1,716	2,087	7,126
NET BOOK VALUE
At 30 November 2020				9,562	1,662	385	11,609
At 30 November 2019				3,978	1,748	513	6,239
DEBTORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR					30.11.20	30.11.19
						F	F
Trade debtors						11,606	12,805
CREDITORS: AMOUNTS		FALLING DUE WITHIN		ONE YEAR		30.11.20	30.11.19
						F
Bank loans and overdrafts Trade creditors		(see note 11)				4,167 2,387	532
Social security and other Other creditors		taxes				2,408 7,159	3,888 10,658
Accruals and deferred	income					716	1,049
Accrued expenses						25,530	29,030
						42,367	45,157
CREDITORS: AMOUNTS		FALLING DUE AFTER		MORE THAN ONE YEAR
						30.11.20	30.11.19
Bank loans (see note 11)						45,833
LOANS
An analysis ofthe maturity		of	loans is given below:
						30.11.20	30.11.19
						F
Amounts falling due within Bank loans		one year on demand:				4,167
Amounts falling between Bank loans - 1-2 years		one	and two years:			16,667
Amounts falling due between Bank loans - 2-5 years			two and five years:			29,166

						Net
					At	movement	At
					1.12.19	in funds	30.11.20
					F	F
Unrestricted	funds
General fund					51,882	8,141	60,023
Restricted funds
Local network fund Waveney District Council QAI		- Kitchen			1,372 5?7 1,708		1,372 577 1,708
					3,657		3,657
TOTAL FUNDS					55,539	8,141	63,680
Net movement	in funds,	included		in the above are as follows:
					Incoming	Resources	Movement
					resources E	expended f	in funds F
Unrestricted	funds
General fund					354,780	(346,639)	8,141
Restricted funds
Local network	fund				34	(34)
Suffolk County Council - Furniture Mrs Roper - Pre School Equipment				Grant	121 178	(121) (178)
					333	(333)
TOTAL FUNDS					355,113	(346,972)	8,141
Comparatives	for movement		in	funds
						Net
					At	movement	At
					1.12.18	in funds	30.11.19
					F	F
Unrestricted	funds
General fund					23,990	27,892	51,882
Restricted funds
Local network	fund				1,372		1,372
Waveney District Council QAI		—Kitchen			1,496 1,708	(919)	577 1,708
					4,576	(919)	3,657
TOTAL FUNDS					28,566	26,973	55,539

Comparative net movement in fund	bove are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	F	F
Unrestricted funds
General fund	374,024	(346,132)	27,892
Restricted funds
Local network fund	815	(815)
Waveney District Council - Kitchen Suffolk County Council - Renovations Suffolk County Council - Furniture Grant Mrs Roper - Pre School Equipment	32,498 3,552 1,098	(919) (32,498) (3,552) (1,098)	(919)
	37,963	(38,882)	(919)
TOTAL FUNDS	411,987	(385,014)	26,973

A current	year	12 months and prior year 12months	combined position is as follow	s:
				Net
			At	movement	At
			1.12.18	in funds	30.11.20
			E	F
Unrestricted		funds
General	fund		23,990	36,033	60,023
Restricted funds
Local network		fund	1,372		1,372
Waveney QAI	District Council - Kitchen		1,496 1,708	(919)	577 1,708
			4,576	(919)	3,657
TOTAL FUNDS			28,566	35,114	63,680

A current year 12 months and prio as follows:	ombined net movement in	funds, included in	the above a
	Incoming	Resources	Movement
	resources	expended	in funds
		F	F
Unrestricted funds
General fund	728,804	(692,771)	36,033
Restricted funds
Local network fund	849	(849)
Waveney District Council - Kitchen Suffolk County Council - Renovations Suffolk County Council - Furniture Grant Mrs Roper - Pre School Equipment	32,498 3,673 1,276	(919) (32,498) (3,673) (1,276)	(919)
	38,296	(39,215)	(919)
TOTAL FUNDS	767,100	(731,986)	35,114

frthYearEnded30N	ovember
o e		30.11.20	30.11.19
		F	F
INCOME AND ENDOWMENTS
Donations and legacies Gifts Donations		29	(1) 171
		29	170
Other trading activities Fundraising events		157	4,694
Investment income
Deposit account interest		25	12
Charitable activities Nursery fees Grants		321,711 1,884	368,067 39,044
Government grants		31,307
		354,902	407,111
Total incoming resources		355,113	411,987
EXPENDITURE
Charitable activities Wages Social security Pensions		287,119 10,304 4,448	268,392 10,244 5,255
Insurance		3,268	3,278
Light and heat Telephone Postage and stationery Sundries Purchases		(723) 995 1,428 1,111 8,907	6,291 2,335 979 1,640 12,377
Repairs &renewals Bank charges Book-keeping Computer software Cleaning and trade waste Rent		5,705 302 6,684 445 7,993 3,844	4,331 496 7,515 499 6,226 4,377
Rates and water Bad debts written off		793	1,398 3,453
Professional fees		1,528	1,940
Depn of plant & machinery Depn offixtures and fittings Depn of computer equipment		1,688 345 128	702 335 171
		346,312	342,234
Support costs
Finance
Loss on sale oftangible	fixed assets		42,138
Governance costs
Accountancy		660	642
Total resources expended		346,972	385,014
Net income		8,141	26,973