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