|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|s,
included
in the a|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:|r year 12 months
c|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|2020||| |---|---|---|---|---| |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|