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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|funds|funds|
|||2822|2022|2022|2021|
|Income from:||5|8|8|5|
|Charitable ec5vtges —Nursery|fees|113,143||113,143|109,445|
|Donations||2,090|3,621|5,711|2.219|
|Total Income||115,233|$,621|118,854|111,864|
|Expenditure
on:||||||
|Charitable activl8ss||119W76||110A76|114,112|
|Total expenditure||119A75||119,475|114,112|
|Net expenditure/movement|In funds|f4843)|3,621|f622)|I2,448)|
|Total funds brought forward||39,248||$9,248|41.695|
|Total funds carried forward||35,005|3,621|38,626|39,248|
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|||Notes|||||
|---|---|---|---|---|---|---|
|Fixed assela|||||||
|Tangible assets||||24,247||28,085|
|Current assela|||||||
|Cash at bank and In|hand||33,181||28.238||
|Dsbtom|||105||||
||||33,286||28,323||
|Creditors: amounts|falling due||||||
|within one year||10|(18,907)||O7,140)||
|Net current assets||||14,379||1'l,183|
|Total assets less current liabilities||||38,628||39,248|
|Net assets||||38,628||39248|
|The funds ofthe charity|||||||
|Unrestricted
funds||||35,005||39248|
|Restricted funds||||3,621|||
|||||38,828||39,248|
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||Support costs are those costs Incurred
directly
In support ofexpen|diture
on the ob|je|cts c|fthe|charit|y.|
|---|---|---|---|---|---|---|---|
||Tangible fixed assets and depreciation|||||||
||Tangible fixed assets are capitalised at cost or, in the case of5xsd assets that have been donated||||||to the|
||charity, at valuation
at the time ofacquisition
and dspmctated
over their estimated||useful||economic||Ne cn|
||a straight-line
basis as follows:|||||||
||Asset category
Annual
rate|||||||
||Leasehold
Improvements
10years|||||||
||Fixtures, Fittings &Equipment
4years|||||||
|2.8|Fund accoungng|||||||
||Unrestricted
general funds -funds which csn be used in accordance with the chsritable||||objects at the|||
||discretion
ofths trustees and which have not been designated
for other purposes.
Restricted funds - funds which sre subject todonor imposed restrhgcns.|||||||
|27|Taxatlon|||||||
||Asa charity, The Southdown
School Trust is exempt from tsx on income and gains||tothe||extent that these|||
||are applied to its charitable objects.|||||||
|2.8|Creditors and provisions|||||||
||Creditors
and provisions
are recognised
where the charity has s|present
obligation||resulting||from|a psst|
||event that will probably
msult
in the transfer of funds tc a third|party and ths amount|||due to settle the|||
||obligation cen be measured orestimated
reliably.|||||||
||Cash at bank and in hand|||||||
||Cash at bank and
In hand includes cash and short term highly
liquid investrnsnts.|||The|Trustees seek to|||
||uss short term dsposks where possible to maximise the return
on|monies held atthe bank and||||to menage||
||cash flow.|||||||
|210|Debtors|||||||
||Trade and other debtors are recognised
at the ssidsment
amount
due. Prspsyments||||are valued||at the|
||amount
prepaid.|||||||
|2.11|Critical accoungng
estimates and Judgements
In ths applicebon
cf the charity's
scrmunung
potiaes, the trustees
are required|||to make judgements,||||
||esgmates
and assumptions
about the canying amount ofassets and gabilgles that||ars not readily apparent|||||
||from other sources. The estimates
and associated
assumptions|are based on historical
experience
and||||||
||other factors that sre considered
to be relevant. Actual results msy differ from these|||estimates.||||
||The estimates
and underlying
assumpgons
are reviewed
on an|ongoing basis. Revisions to||||accounting||
||estimates are recognised
in the period
in which the esgmste ls revised.|||||||
||Ths trustees do not consider that there are any critical estimates|or areas ofJudgement|||that|need to be||
||broughl
to lhe attention ofthe readers ofthe gnsndal
statements.|||||||
##
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|||StaN|Deprecls0on||Total|Total|
|---|---|---|---|---|---|---|
|||costs|||||
||||||2022|2021|
||||||6|2|
|Charitable acthrl6ss - nursery school|||||||
|Direct charitable|ac8vlty|95,685|3,618|17,179|116,$82|111,016|
|Support costs (nots 4)||||2,794|2,784|3,098|
|||95,685|3,818|19,973|119,476|114,112|
|4|Support Co|sts||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||2|2|
||Admln costs|||1,504|1,926|
||Governance|costs (note|5)|1,290|1,170|
|||||2,7$4|3,098|
|5|Governance|Costs||||
||||||2021|
||||||2|
||Independent|examination|fees|1,290|1,170|
|||||1,2$0|1,170|
##
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##
|StaffCosts|||
|---|---|---|
||2022f|2021f|
|Wages 8 sslades|88,712|88,420|
|Social security costs|3,277|2,975|
|Pension|3,696|1/55|
||65,685|92,850|
||
totalling f111during the year (2021:fNi0.|
Them were no related party transacgo|ns
during the y|ear.|
|---|---|---|---|---|
|8|Tangible Eixed assets||||
|||Leasehold|Fixtures,|Total|
|||Improvements|Fitungs &||
||||Equi pment||
||Cost||||
||At 1 September 2021|111,818|21,087|132,883|
||Additions||||
||As at31August 2022|111,816|21,067|132,883|
||Depreciation||||
||At 1 September 2021|83,751|21,057|104,818|
||Charge forthe year|3,818||3,818|
||At31August 2022|67,669|21,067|108,636|
||Net book value||||
||At 31August 2022|24,247||24,247|
||At 31August 2021|28,085||28,085|
##
|||||||||2021|
|---|---|---|---|---|---|---|---|---|
|||||||||2|
||Trade debtors||||||106||
||||||||105||
|10|Creditors:|smounla|falgng due wfthln one year||||2022
5|2021
f|
||Trade creditors||||||996|50|
||Accrual s||||||1,842|1,301|
||Dehmsd
Income||||||16,069|15,789|
||||||||16,907|17,140|
||||As at1|||||Aa at31|
|11|Restricted|funda:|September|||||August|
||||2021
6|Income
5|Expenditure|f|Transfers
6|2022
8|
||Resurfsdng|of|||||||
||playground|||3,521||||3,621|
|||||3,621||||3.621|
##
##
|12|Analysis ofnet assets between funda|Analysis ofnet assets between funda|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds||
||Forthe year ended|31August 2022|8|8||
||Fixed assets||24,247||24,247|
||Current assets||29,685|3,621|SS,286|
||Creditors: amounts|falling due within ons year|(18,907)||(18,907)|
||||S6,006|3,621|38,626|
||Analysts ofnet assets between funds||Unrestricted|Restricted|Total|
||||funds|funds||
||Forthe year ended|31August 2021|6|2||
||Cunent assets||28,055|||
||Current asssls||28,323||28,323|
||Creditors: amounts|falling due within one year|(17,140)||(17,140)|
||||39,248||39,248|