|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|4|
|Report ofthe Independent
Auditors|5|to|6|
|Statement of Financial Activities||||
|Balance Sheet||||
|Cash Flow Statement||||
|Notes to the Cash Flow Statement||||
|Notes tothe Financial Statements|11|to|18|
|Detailed Statement
of Financial Activities|19|to|20|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|INCOME AND ENDOWMENTS||FROM|Notes|funds
f|funds
f|funds
f|funds
f|
|Donations
and legacies||||16,281||16,281|15,047|
|Charitable
activities||||||||
|Provision of a nursery|school|||571,527||571,527|563,561|
|Investment
income
Otherincome||||3,773
3,754||3,773
3,754|14,743|
|Total||||595,335||595,335|593,351|
|EXPENDITURE ON||||||||
|Raising funds||||2,930||2,930|3,351|
|Charitable
activities||||||||
|Provision of a nursery|school|||596,869|34,564|631,433|590,628|
|Total||||599,799|34,564|634,363|593,979|
|NET INCOME/(EXPENDITURE)||||(4,464)|(34,564)|(39,028)|(628)|
|RECONCILIATION
OF|FUNDS|||||||
|Total funds brought forward||||267,850|494,192|762,042|762,670|
|TOTAL FUNDS CARRIED FORWARD||||263,386|459,628|723,014|762,042|
|||||2020|2019|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|f|f|f|f|
|FIXED ASSETS||||||
|Tangible assets|13|129,065|472,680|601,745|644,573|
|CURRENT ASSETS||||||
|Debtors|14|60,490||60,490|54,296|
|Cash at bank and in hand||100,407|14,948|115,355|118,442|
|||160,897|14,948|175,845|172,738|
|CREDITORS||||||
|Amounts
falling due within one year|15|(26,576)|(28,000)|(54,576)|(55,269)|
|NET CURRENT ASSETS||134,321|(13,052)|121,269|117,469|
|TOTAL ASSETS LESSCURRENT LIABILITIES||263,386|459,628|723,014|762,042|
|NET ASSETS||263,386|459,628|723,014|762,042|
|FUNDS|16|||||
|Unrestricted
funds||||263,386|267,850|
|Restricted funds||||459,628|494,192|
|TOTAL FUNDS||||723,014|762,042|
##
||||||2020|2019|
|---|---|---|---|---|---|---|
|||||Notes|f|f|
|Cash flows from operating|activities||||||
|Net cash (used in)/provided|by operating||activities 1||(318)|24,473|
|Cash flows from investing|activities||||||
|Purchase oftangible fixed|assets||||(2,769)|(6,406)|
|Net cash used
in investing|activities||||(2,769)|(6,406)|
|Change
in cash and cash equivalents||in the|||||
|reporting
period|||||(3,087)|18,067|
|Cash and cash equivalents|at the beginning|||of|||
|the reporting
period|||||118,442|100,375|
|Cash and cash equivalents|at the end|of|the||||
|reporting
period|||||115,355|118,442|
##
||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||||f|f|
|Net expenditure|||for the reporting||period (as per the Statement of Financial||||
|Activities)|||||||(39,028)|(628)|
|Adjustments||for:|||||||
|Depreciation||charges|||||45,597|44,904|
|Increase
in debtors|||||||(6,194)|(14,188)|
|Decrease|in creditors||||||(693)|(5,615)|
|Net cash|(used in)/provided|||by operations|||(318)|24,473|
|ANALYSIS|OF CHANGES IN|||NET FUNDS|||||
||||||At|1.4.19|Cash flow|At 31.3.20|
|||||||E|f|f|
|Net cash|||||||||
|Cash at bank||and|in hand|||118,442|(3,087)|115,355|
|Total||||||118,442|(3,087)|115,355|
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|DONATIONS|DONATIONS|AND LEGACIES||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||f|E|
|Donations||||2,250||
|Cafe Income||||14,031|15,047|
|||||16,281|15,047|
|INVESTMENT||INCOME||||
|||||2020|2019|
|||||E|f|
|Rents received||||3,773|14,743|
|INCOME|FROM CHARITABLE||ACTIVITIES|||
|||||2020|2019|
||||Activity|E|f|
|Nursery|school fees||Provision of a nursery school|526,060|563,561|
|Play club|||Provision of a nursery school|45,467||
|||||571,527|563,561|
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|2020|2019|
|---|---|
|E|E|
|2,930|3,351|
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|||||||Support||
|---|---|---|---|---|---|---|---|
||||||Direct|costs (see||
||||||Costs|note 8)|Totals|
||||||E|f|E|
|Provision|of|a|nursery|school|624,324|7,109|631,433|
|SUPPORT COSTS||||||||
||||||||Governance|
||||||||costs|
||||||||f|
|Provision|of|a|nursery|school|||7,109|
|Support costs, included||||in the above, are as follows:||||
|Governance||costs||||||
|||||||2020|2019|
|||||||Provision||
|||||||of a||
|||||||nursery|Tota
I|
|||||||school|activities|
|||||||E|E|
|Auditors'|remuneration|||||3,740|4,320|
|Accountancy||fees||||3,369|6,455|
|||||||7,109|10,775|
|2020|2019|
|---|---|
|E|E|
|3,740|4,320|
|45,597|44,904|
|Auditors'
remuneration||
|---|---|
|Depreciation
—owned|assets|
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|STAFF COST|S|||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||f|E|
|Wages and|salaries|||468,103|426,312|
|Social security costs||||19,514|18,768|
|Other pension costs||||6,479|4,992|
|||||494,096|450,072|
|The average|monthly|number of employees|during the year was as follows:|||
|||||2020|2019|
|Management|&Administration|||8|8|
|Child care||||32|29|
|||||40|37|
##
|COMPARA|TIVES
FOR THE STA|TEMENT OF FINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Tota
I|
||||funds|funds|funds|
||||f|f|f|
|INCOME AND ENDOWMENTS||FROM||||
|Donations|and legacies||15,047||15,047|
|Charitable|activities|||||
|Provision|of a nursery school||563,561||563,561|
|Investment|income||14,743||14,743|
|Total|||593,351||593,351|
|EXPENDITURE ON||||||
|Raising funds|||3,351||3,351|
|Charitable|activities|||||
|Provision of a nursery school|||556,064|34,564|590,628|
|Total|||559,415|34,564|593,979|
|NET INCOME/(EXPENDITURE)|||33,936|(34,564)|(628)|
##
|||||||||
|---|---|---|---|---|---|---|---|
|12.|COMPARATIVES|FOR|THE STATEMENT OF FINANCIAL ACTIVITIES -continued|||||
|||||Unrestricted|Restricted|Tota|I|
|||||funds|funds|funds||
|||||f|E|f||
||RECONCILIATION|OF|FUNDS|||||
||Total funds brought forward|||233,914|528,756|762,670||
||TOTAL FUNDS CARRIED FORWARD|||267,850|494,192|762,042||
|13.|TANGIBLE FIXED|ASSETS||||||
||||||Fixtures|||
|||||Long|and|||
|||||leasehold|fittings|Totals||
|||||E|E|f||
||COST|||||||
||At 1April 2019|||1,084,320|102,691|1,187,011||
||Additions||||2,769|2,769||
||At 31March 2020|||1,084,320|105,460|1,189,780||
||DEPRECIATION|||||||
||At 1April 2019|||443,853|98,585|542,438||
||Charge for year|||43,372|2,225|45,597||
||At 31March 2020|||487,225|100,810|588,035||
||NET BOOK VALUE|||||||
||At 31March 2020|||597,095|4,650|601,745||
||At 31March 2019|||640,467|4,106|644,573||
|14.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
||||||2020|2019||
||||||f|f||
||Trade debtors||||50,049|48,436||
||Other debtors||||439|4,324||
||Prepayments
and|accrued income|||10,002|1,536||
||||||60,490|54,296||
|CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR|||
|---|---|---|
||2020|2019|
||E|f|
|Trade creditors|32,796|33,672|
|Social security and other taxes|3,970|3,504|
|Other creditors|1,829|2,468|
|Accrued expenses|15,981|15,625|
||54,576|55,269|
##
|MOVEME|NT|IN|FUND|S||||
|---|---|---|---|---|---|---|---|
|||||||Net||
|||||||movement||
||||||At 1.4.19|in funds|At 31.3.20|
||||||E|E|f|
|Unrestricted||funds||||||
|General fund|||||267,850|(4,464)|263,386|
|Restricted funds||||||||
|Building|Fund||||459,560|(33,528)|426,032|
|Pengegon|Community|||Fund|14,948||14,948|
|Cornwall|Council||—Garden grant||19,684|(1,036)|18,648|
||||||494,192|(34,564)|459,628|
|TOTAL FUNDS|||||762,042|(39,028)|723,014|
|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources|expended|in funds|
|||||E|f|E|
|Unrestricted||funds|||||
|General|fund|||595,335|(599,799)|(4,464)|
|Restricted funds|||||||
|Building|Fund||||(33,528)|(33,528)|
|Cornwall|Council||—Garden grant||(1,036)|(1,036)|
||||||(34,564)|(34,564)|
|TOTAL FUNDS||||595,335|(634,363)|(39,028)|
##
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##
|||||||Net||
|---|---|---|---|---|---|---|---|
|||||||movement||
|Unrestricted
funds|||||At 1.4.18
f|in funds
f|At 31.3.19
f|
|General fund|||||233,914|33,936|267,850|
|Restricted funds||||||||
|Building Fund
Pengegon
Community
Fund
Cornwall
Council
—Garden grant|||||493,088
14,948
20,720|(33,528)
(1,036)|459,560
14,948
19,684|
||||||528,756|(34,564)|494,192|
|TOTAL FUNDS|||||762,670|(628)|762,042|
|Comparative
net|movement||in funds, included|in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||f|f|f|
|Unrestricted
funds||||||||
|General fund|||||593,351|(559,415)|33,936|
|Restricted funds||||||||
|Building
Fund
Cornwall
Council|—Garden grant|||||(33,528)
(1,036)|(33,528)
(1,036)|
|||||||(34,564)|(34,564)|
|TOTAL FUNDS|||||593,351|(593,979)|(628)|
##
##
##
##
|||for the Year Ended 31|March 2020||
|---|---|---|---|---|
||||2020|2019|
||||E|f|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Donations|||2,250||
|Cafe Income|||14,031|15,047|
||||16,281|15,047|
|Investment
income|||||
|Rents received|||3,773|14,743|
|Charitable
activities|||||
|Nursery school fees
Play club|||526,060
45,467|563,561|
||||571,527|563,561|
|Otherincome|||||
|Insurance
claim|||3,754||
|Total incoming resources|||595,335|593,351|
|EXPENDITURE|||||
|Raising donations|and legacies||||
|Wages
Social security|||2,633
244|2,994
297|
|Pensions|||53|60|
||||2,930|3,351|
|Charitable
activities|||||
|Wages|||465,470|423,318|
|Social security|||19,270|18,471|
|Pensions|||6,426|4,932|
|Rent, rates and water|||7,470|7,994|
|Insurance|||5,321|3,845|
|Light and heat|||8,427|8,556|
|Telephone|||2,358|2,120|
|Postage and stationery|||975|295|
|Sundries|||15,772|16,478|
|Motor and travel expenses|||409|166|
|Consumables|||21,125|22,555|
|Repairs and maintenance|||13,056|7,049|
|Gillys Cafe Expense|||6,866|6,454|
|Childrens
activities|||269|232|
|Bad debts written off|||1,698|9,088|
|Bank charges|||2,366|2,511|
|Legal gi professional|||1,328|885|
|Donations|||121||
|Depreciation
oftangible||fixed assets|45,597|44,904|
||||624,324|579,853|
|3,740|4,320|
|---|---|
|3,369|6,455|
|7,109|10,775|
|634,363|593,979|
|(39,028)|(628)|