2022-03-31-accounts - Rosemellin Gooseberry Bush

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		Page
Report ofthe Trustees	1	to	4
Report ofthe Independent Auditors	5	to	7
Statement of Financial Activities
Balance Sheet
Cash Flow Statement		10
Notes tothe Cash Flow Statement
Notes to the Financial Statements	12	to	19
Detailed Statement of Financial Activities	20	to	21

			for the Yea	r Ended 31March 2	022
						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	f	E	f	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies				11,321		11,321	12,421
Charitable activities
Provision of a nursery	school			695,578		695,578	487,464
Investment income				8,688		8,688	3,318
Other income				6,092		6,092	89,594
Total				721,679		721,679	592,797
EXPENDITURE ON
Raising funds				3,043		3,043	3,072
Charitable activities
Provision of a nursery	school			668,143	51,672	719,815	621,775
Total				671,186	51,672	722,858	624,847
NET INCOME/(EXPENDITURE)				50,493	(51,672)	(1,179)	(32,050)
RECONCILIATION OF FUNDS
Total funds brought forward				263,740	427,224	690,964	723,014
TOTAL FUNDS CARRIED FORWARD				314,233	375,552	689,785	690,964

	31	March 2022
				2022	2021
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	E	E	E	E
FIXEDASSETS
Tangible assets	14	115,117	403,552	518,669	556,760
CURRENT ASSETS
Debtors	15	74,149		74,149	53,727
Cash at bank and in hand		180,618		180,618	167,010
		254,767		254,767	220,737
CREDITORS
Amounts falling due within one year	16	(22,309)	(28,000)	(50,309)	(44,499)
NET CURRENT ASSETS		232,458	(28,000)	204,458	176,238
TOTAL ASSETS LESSCURRENT LIABILITIES		347,575	375,552	723,127	732,998
CREDITORS
Amounts falling due after more than one year	17	(33,342)		(33,342)	(42,034)
NET ASSETS		314,233	375,552	689,785	690,964
FUNDS	19
Unrestricted funds				314,233	263,740
Restricted funds				375,552	427,224
TOTAL FUNDS				689,785	690,964

					Cash Flow Statement
				for the	Year Ended 31March 2022
						2022	2021
				Notes		E	E
Cash flows from operating	activities
Cash generated from operations						29,679	4,222
Interest paid						(1,078)	(919)
Net cash provided by operating activities						28,601	3,303
Cash flows from investing	activities
Purchase oftangible fixed	assets					(8,808)	(1,008)
Sale oftangible fixed assets							360
Net cash used in investing	activities					(8,808)	(648)
Cash flows from financing	activities
New loans in year							49,000
Loan repayments in year						(6,185)
Net cash (used in)/provided	by financing		activities			(6,185)	49,000
Change in cash and cash equivalents		in the
reporting period						13,608	51,655
Cash and cash equivalents	at the beginning			of
the reporting period						167,010	115,355
Cash and cash equivalents	at the end	of	the
reporting period						180,618	167,010

RECONCILIATION	OF	NET EXPEND	ITURE TO NET CASH FLOW FROM OPERATING ACT	IVITIES
				2022f	2021 f
Net expenditure	for	the reporting	period (as per the Statement of Financial
Activities)				(1,179)	(32,050)
Adjustments for:
Depreciation charges				46,899	45,648
Profit on disposal	of	fixed assets			(15)
Interest paid				1,078	919
(Increase)/decrease		in debtors		(20,422)	6,763
Increase/(decrease)		in creditors		3,303	(17,043)
Net cash provided	by operations			29,679	4,222

	At 1.4.21	Cash flow	At 31.3.22
	f	f	f
Net cash
Cash at bank and in hand	167,010	13,608	180,618
	167,010	13,608	180,618
Debt
Debts falling due within 1year	(6,966)	(2,507)	(9,473)
Debts falling due after 1year	(42,034)	8,692	(33,342)
	(49,000)	6,185	(42,815)
Total	118,010	19,793	137,803

DONA	TIONS	AND LEG	ACIES
										2022		2021
										E		E
Donations										1,227		653
Grants										1,700		9,820
Cafe income										8,394		1,948
										11,321		12,421
During	the year grant iricome off1,700(2021:Enil) was					received	from the Cornwall		Community	Fund.
During	the	prior year,	E9,820 was	received	from the	Lottery	Community	Fund	in order	to support	the	charity and
community		during the	Covid-19 pandemic.
INVESTMENT INCOME
										2022		2021
										E		f
Rents	received									8,688		3,318

INCOME	FR	OM CHARIT	ABLE ACTIVITIES
					2022	2021
			Activity		f	E
'Nursery	school fees		Provision of a nursery	school	695,578	469,165
Play club			Provision of a nursery	school		18,299
					695,578	487,464
OTHER INCOME
					2022	2021
					E	E
Gain on sale		oftangible	fixed assets			15
Insurance	claim					22,899
Government		grants			4,017	66,680
Photography					2,075
					6,092	89,594

2022	2021
f	E
3,043	3,072

CHARITAB	LE ACTIVITIES COSTS
			Support
		Direct	costs (see
		Costs f	note 9) E	Totals f
Provision	of a nursery school	712,745	7,070	719,815
SUPPORT	COSTS
				Governance
				costs
				f
Provision	of a nursery school			7,070

				2022	2021
				Provision	Provision
				of a	of a
				nursery	nursery
				school	school
				E	f
Auditors'	remuneration			4,740	4,140
Accountancy		fees		2,330	1,595
				7,070	5,735
NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated after charging/(crediting):
				2022	2021
				E	E
Auditors'	remuneration			4,740	4,140
Depreciation		—owned assets		46,899	45,648
Surplus	on disposal offixed assets				(15)

STAFF COSTS
				2022	2021
				E	E
Wages and salaries social security costs				527,770 22,284	480,305 18,601
Other pension costs				7,777	6,632
				557,831	505,538
The average	monthly	number of employees	during the year was as follows:
				2022	2021
Management	g.Administration			8	8
Chil dcare				33	32
				41	40


13.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				funds	funds	funds
				E	f	E
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies			2,601	9,820	12,421
	Charitable activities
	Provision of a nursery school			487,464		487,464
	Investment income			3,318		3,318
	Other income			89,594		89,594
	Total			582,977	9,820	592,797
	EXPENDITURE ON
	Raising funds			3,072		3,072
	Charitable activities
	Provision of a nursery school			579,551	42,224	621,775
	Total			582,623	42,224	624,847
	NET INCOME/(EXPENDITURE)			354	(32,404)	(32,050)
	RECONCILIATION	OF FUNDS
	Total funds brought forward			263,386	459,628	723,014
	TOTAL FUNDS CARRIED FORWARD			263,740	427,224	690,964
14.	TANGIBLE FIXEDASSETS
					Fixtures
				Long	and
				leasehold f	fittings f	Totals f
	COST
	At 1April 2021			1,084,320	106,008	1,190,328
	Additions			3,030	5,778	8,808
	At 31March 2022			1,087,350	111,786	1,199,136
	DEPRECIATION
	At 1April 2021			530,600	102,968	633,568
	Charge for year			43,494	3,405	46,899
	At 31March 2022			574,094	106,373	680,467
	NET BOOK VALUE
	At 31March 2022			513,256	5,413	518,669
	At 31March 2021			553,720	3,040	556,760

	Notes tothe Financial Statements - continued for the Year Ended 31March 2022	Notes tothe Financial Statements - continued for the Year Ended 31March 2022	Notes tothe Financial Statements - continued for the Year Ended 31March 2022
15.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
				2022	2021
				E	E
	Trade debtors			72,352	51,807
	Other debtors				307
	Prepayments and accrued		income	1,797	1,613
				74,149	53,727
16.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2022	2021
				E	E
	Bank loans and overdrafts		(see note 18)	9,473	6,966
	Trade creditors			32,662	31,449
	Other creditors			2,615	1,617
	Accrued expenses			5,559	4,467
				50,309	44,499
17.	CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR
				2022	2021
				f	f
	Bank loans (see note 18)			33,342	42,034
18.	LOANS
	An analysis ofthe maturity		of loans is given below:
				2022	2021
				E	E
	Amounts falling due within		one year on demand:
	Bank loans			9,473	6,966
	Amounts falling due between two and five years:
	Bank loans —2-5years			33,342	39,436
	Amounts falling due in more than five years:
	Repayable by instalments:
	Bank loans more 5 yr by instal				2,598

MOVEMENT IN	FUND	S
						Net
						movement
					At 1.4.21	in funds	At 31.3.22
					E	E	E
Unrestricted funds
General fund					263,740	50,493	314,233
Restricted funds
Building Fund					392,504	(33,528)	358,976
Pengegon Community		Fund			14,948	(14,948)
Cornwall Council	- Garden grant				17,612	(1,036)	16,576
National Lottery	Community		Fund		2,160	(2,160)
					427,224	(51,672)	375,552
TOTAL FUNDS					690,964	(1,179)	689,785
Net movement in funds, included				in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					E	f	E
Unrestricted funds
Generalfund					719,979	(669,486)	50,493
Cornwall Community		Fund			1,700	(1,700)
					721,679	(671,186)	50,493
Restricted funds
Building Fund						(33,528)	(33,528)
Pengegon Community		Fund				(14,948)	(14,948)
Cornwall Council	—Garden grant					(1,036)	(1,036)
National Lottery	Community		Fund			(2,160)	(2,160)
						(51,672)	(51,672)
TOTAL FUNDS					721,679	(722,858)	(1,179)
Comparatives for movement			in funds
						Net
						movement
					At 1.4.20	in funds	At 31.3.21
					E	E	E
Unrestricted funds
Generalfund					263,386	354	263,740
Restricted funds
Building Fund					426,032	(33,528)	392,504
Pengegon Community		Fund			14,948		14,948
Cornwall Council	—Garden grant				18,648	(1,036)	17,612
National Lottery	Community		Fund			2,160	2,160
					459,628	(32,404)	427,224
TOTAL FUNDS					723,014	(32,050)	690,964

		for the Year Ended 3	1March 2022
			2022	2021
			E	E
INCOME AND ENDOWMENTS
Donations and legacies
Donations			1,227	653
Grants			1,700	9,820
Cafe Income			8,394	1,948
			11,321	12,421
Investment income
Rents received			8,688	3,318
Charitable activities
Nursery school fees			695,578	469,165
Play club				18,299
			695,578	487,464
Other income
Profit on sale oftangible		fixed assets		15
Insurance claim				22,899
Government grants			4,017	66,680
Photography			2,075
			6,092	89,594
Total incoming resources			721,679	592,797
EXPENDITURE
Raising donations	and legacies
Wages			2,731	2,758
Socia I security			257	259
Pensions			55	55
			3,043	3,072
Charitable activities
Wages			525,039	477,547
Socia I security			22,027	18,342
Pensions			7,722	6,577
Rent, rates and water			6,703	1,836
Insurance			7,009	6,397
Light and heat			8,430	10,004
Telephone			3,123	2,396
Postage and stationery			732	554
Sundries			18,132	11,801
Consumables			23,879	12,260
Repairs and maintenance			19,175	11,970
Gillys Cafe Expense			4,945	1,094
Childrens activities			398	14
Bad debts written off			14,098	5,782
Bank charges Legal 8.professional			2,035 1,321	1,596 1,303
Carried forward			664,768	569,473

	Detailed Statement of Financial Activities
	for the Year Ended 31March 2022
		2022	2021
		E	E
Charitable activities
Brought forward		664,768	569,473
Depreciation oftangible fixed assets		46,899	45,648
Bank loan interest		1,078	919
		712,745	616,040
Support costs
Governance costs
Auditors' remuneration		4,740	4,140
Accountancy fees		2,330	1,595
		7,070	5,735
Totalresources expended		722,858	624,847
Net expenditure		(1,179)	(32,050)