2021-08-31-accounts

		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	8
Independent Examiner's Report
Statement ofFinancial Activities		10
Balance Sheet	11	to	12
Notes to the Financial Statements	13	to	20
Detailed Statement ofFinancial Activities	21	to	22

TRUSTEES		Mrs H CAtkinson	Mrs H CAtkinson
		Mr CEBames
		Mrs D GBrown
		Mrs EA Hodgson
		Mr P M Gibbons
COMPANY SECRETARY		Mr CEBarnes
REGISTERED OFFICE		327Clitton	Drive South
		Lytham St	Annes
		Lancashire
		FY8 IHN
REGISTERED COMPANY		03658981	(England	and Wales)
NUMBER
REGISTERED CHARITY		1081067
NUMBER
INDEPENDENT EXAMINER		Whitehead	tk Howarth
		327Ctigon	Drive South
		Lytham St	Annes
		Lancashire
		FY8 1HN
BANKERS		TSBBank	Pic
		25-27 Birley Street
		Blackpool
		Lancashire
		FYI IEG
HONORARY	PRESIDENT	Mrs Elaine	Nightingale

for the Year Ended 3	1STAUGUST 2021
					31/8/21	31/8/20
			Unrestricted	Restricted	Total	Total
		Notes	fundI	fundI	funds	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies			11,745		11,745	45,653
Charitable activities
Nursery provision			219,757		219.757	226,421
Investment income			2,346		2,346	2,171
Total			233,848		233,848	274,245
EXPENDITURE ON
Raising funds			2,084		2,084	982
Charitable activities
Nursery provision			262,682		262,682	260,349
Total			264,766		264,766	261,331
Net gains/(losses) on investments			13,791		13,791	(764)
NET INCOME/(EXPENDITURE)			(17,127)		(17,127)	12,150
RECONCILIATION	OF FUNDS
Total funds brought	forward		445,518		445,518	433,368
TOTAL FUNDS CARRIED FORWARD			428,391		428,391	445,518

BALANCE SH 31STAUGUST	EET 2021
					31/8/21	31/8/20
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes
FIXEDASSETS
Tangible assets		7	582,637		582,637	595,211
Investments		8	115,057		115,057	101,348
			697,694		697,694	696,559
CURRENT ASSETS
Stocks		9	917		917	1,419
Debtors		10	34,908		34,908	28,532
Cash at bank and	in hand		103,157		103,157	173,123
			138,982		138,982	203,074
CREDITORS
Amounts falling	due within one year	11	(70,535)		(70,535)	(91,865)
NET CURRENT ASSETS			68,447		68,447	111,209
TOTAL ASSETSLESSCURRENT
LIABILITIES			766,141		766,141	807,768
CREDITORS
Amounts falling	due afier more than one year	12	(337,750)		(337,750)	(362,250)
NET ASSETS			428,391		428,391	445,518
FUNDS		15
Unrestricted funds					428,391	445,518
TOTAL FUNDS					428,391	445,518

Long leasehold	Long leasehold	2%on cost
Fixtures	and fittings	15%on reducing balance
Computer	equipment	33%on cost

				31/8/21	31/8/20
Deposit account interest				57	57
Dividend income				2,289	2,114
				2,346	2,171
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated		atter charging/(crediting):
				31/8/21	31/8/20
Independent examiners	fees			2,400	2,400
Depreciation - owned assets				16,475	15,652
Deficit on disposal offixed assets				610
TRUSTEES' REMUNERATION			AND BENEFITS
				31/8/21	31/8/20
Trustees' salaries				16,676	15,375
Trustees' social security				1,086	922
Trustees' pension contributions		to money purchase schemes		313	276
				18,075	16,573

STAFF COSTS
The average monthly	number ofemployees			during the year was as follows:
					31/8/21	31/8/20
Nursery provision					18	18
No employees received		emoluments	in excess off60,000.
COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				fund	fund	funds
INCOME AND ENDOWMENTS			FROM
Donations and legacies				45,653		45,653
Charitable activities
Nursery provision				226,421		226„421
Investment income				2,171		2,171
Total				274,245		274,245
EXPENDITURE ON
Raising funds				982		982
Charitable activities
Nursery provision				260,349		260,349
Total				261,331		261,331
Net gains/(losses) on	investments			(764)		(764)
NET INCOME				12,150		12,150
RECONCILIATION		OF FUNDS
Total funds brought	forward			433,368		433,368
TOTAL FUNDS CARRIED FORWARD				445,518		445,518

			Fixtures
		Freehold	and	Computer
		premises	fittings	equipment	Totals
COST
At 1st September 2020		673,620	24,761	6,462	704,843
Additions			1,485	3,026	4,511
Disposals			(526)	(5,835)	(6,361)
At 31st August 2021		673,620	25,720	3,653	702,993
DEPRECIATION
At 1st September 2020		89,828	14,136	5,668	109,632
Charge for year		13,472	1,785	1,218	16,475
Eliminated on disposal			(319)	(5,432)	(5,751)
At 31st August 2021		103,300	15,602	1,454	120,356
NET BOOK VALUE
At 31stAugust 2021		570,320	10,118	2,199	582,637
At 31stAugust 2020		583,792	10,625	794	595,211
FIXEDASSETINVESTMENTS
					Listed
					investments
MARKET VALUE
At 1stSeptember 2020					1.01,348
Additions					20,028
Disposals					(20,109)
Revaluations					13,790
At 31stAugust 2021					115,057
NKT BOOK VALUE
At 31stAugust 2021					115,057
At 31stAugust 2020					101,348
There were no investment	assets outside the UK.

9.	STOCKS
		31/8/21	31/8/20
		8
	Stocks	917	1,419
10.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
		31/8/21	31/8/20
	Trade debtors	24,504	14,368
	Other debtors	7,107	8,307
	Prepayinents	3,297	5,857
		34,908	28,532
11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31/8/21	31/8/20
	Other loans (see note 13)	24,500	24,500
	Social security and other taxes	781	610
	Other creditors	35,893	53,472
	Accrued expenses	9,361	13,283
		70,535	91,865
12.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		31/8/21	31/8/20
	Other loans (see note 13)	337,750	362,250
13.	LOANS
	An analysis ofthe maturity ofloans is given below:
		31/8/21	31/8/20
	Amounts falling due within one year on demand:
	Lytham Schools loan	24,500	24,500
	Amounts falling due between two and five years:
	Lytham Schools loan	98,000	98,000
	Amounts falling due in tnore than five years:
	Repayable by instalments:
	Other loans more 5yrs instal	239,750	264,250

31/8/21	31/8/20
362,250	386,750

MOVEM	ENT	IN FUNDS
						Net
						movement	At
					At 1.9.20	in funds	31.8.21
					f
Unrestricted		funds
General	fund				445,518	(17,127)	428,391
TOTAL	FUNDS				445,518	(17,127)	428,391
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			233,848	(264,766)	13,791	(17.127)
TOTALFUNDS				233,848	(264,766)	13,791	(17,127)
Comparatives		for movement	in	funds
						Net
						movement	At
					At 1.9.19	in funds	31.8.20
Unrestricted		funds
General	fund				433,368	12,150	445,518
TOTAL	FUNDS				433,368	12,150	445,518

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		274,245	(261,331)	(764)	12,150
TOTAL FUNDS		274,245	(261,331)	(764)	12,150

						Net
						movement	At
					At 1.9.19	in funds	31.8.21
Unrestricted		funds
General	fund				433,368	(4,977)	428,391
TOTAL	FUNDS				433,368	(4,977)	428,391
A current	year	12 months	and prior year 12 months	combined	net movement	in funds, included	in the above	are
as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
							f
Unrestricted		funds
General	fund			508,093	(526,097)	13,027	(4,977)
TOTAL	FUNDS			508,093	(526,097)	13,027	(4,977)

				31/8/21	31/8/20
INCOME AND	ENDOWMENTS
Donations and legacies
Donations				11,096	25,032
Government grants				649	20,621
				11,745	45,653
Investment income
Deposit account	interest			57	57
Dividend income				2,289	2,114
				2,346	2,171
Charitable activities
Fees receivable				211.456	220.364
Sale ofuniforms				1,928	1,226
Saleofrefreshments			and lunches	6,373	4,831
				219,757	226,421
Total incoming	resources			233,848	274,245
EXPENDITURE
Other trading activities
Opening stock				1,069	684
Purchases				1,440	1,367
Closing stock				(425)	(1,069)
				2,084	982
Charitable activities
Trustees' salaries				16,676	15,375
Trustees' social security				1,086	922
Trustees' pension		contributions		313	276
Wages				173,048	176,242
Social security				2,005	2,214
Pensions				2,087	2,135
Rates and water				488	1,978
Insurance				3,573	3,440
Light and heat				3 339	2,292
Telephone				412	1,238
Printing and stationery				1,216	1,703
Sundries				1,558	1,113
Staffrecruitment		and	training	1,060	361
Repairs and renewals				8,750	5,208
School meals and		refreshments		7,800	6,273
Carried forward				223,411	220,770

for the Year Ended 31	S	T	AUGUST 2021
				31/8/21	31/8/20
Charitable activities
Brought forward				223,411	220,770
Travelling expenses					114
Cleaning costs				1,449	1,271
Bank charges				69	65
Curriculum development				1,851	3,990
Payroll &other accountancy			charges	1,985	2,298
Legal and professional	fees			3,753	4,384
Bad debts				(635)	(109)
Computer expenses				1,445	950
Depreciation ofpremises				13,472	13,472
Depreciation offixtures	and		fittings	1,785	1,874
Depreciation ofcoinputer		equipment		1,218	305
Loss on assets scrapped				610
Loan interest				9,869	8,565
				260,282	257,949
Support costs
Governance costs
Independent examiners		fees		2,400	2,400
Total resources expended				264,766	261,331
Net (espenditure)/income			before gains and
losses				(30,918)	12,914
Realised recognised gains			and losses
Moveinent in fair value	ofinvestments			13,791	(764)
Net (expenditu re)/income				(17,127)	12,150