2021-03-31-accounts - Threshers Day Nursery

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		Page
Reference and administrative details		1
Report of the trustees	2	to	6
Independent examiner's report		7
Statement of financial activities		8
Balance sheet	9	to	10
Notes to the financial statements	11	to	18
Detailed statement of financial activities	19	to	20

The rem	uneration o f key management was as follows:
		2021	2020
Nursery	manager	32,000	38,203

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	2	2,007	−	2,007	11,995
Charitable activities	5
Provision o f care and education		375,224		375,224	441,133
Other trading activities	3	10,788		10,788
Investment income	4	5,989		5,989	5,827
Total		394,008		394,008	458,955
EXPENDITURE ON
Charitable activities	6
Provision o f care and education		338,848		338,848	409,543
Net gains/(losses) on investments		4,831		4,831	(3,689)
NET INCOME		59,991		59,991	45,723
RECONCILIATION O F FUNDS
Total funds brought forward		413,844		413,844	368,121
TOTAL FUNDS CARRIED FORWARD		473,835		473,835	413,844

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	12	21,832	−	21,832	38,384
Investments	13	113,908		113,908	105,460
		135,740		135,740	143,844
CURRENT ASSETS
Debtors	14	4,516	−	4,516	10,192
Cash at bank and in hand		342,658		342,658	273,369
		347,174		347,174	283,561
CREDITORS
Amounts falling due within one year	15	(9,079)		(9,079)	(13,561)
NET CURRENT ASSETS		338,095		338,095	270,000
TOTAL ASSETS LESS CURRENT LIABILITIES		473,835		473,835	413,844
NET ASSETS		473,835		473,835	413,844
FUNDS	16
Unrestricted funds				473,835	413,844
TOTAL FUNDS				473,835	413,844

DONATIONS AND LEGACIES
	2021		2020
Donations	2,007		11,995
OTHER TRADING ACTIVITIES
	2021		2020
Job retention scheme	10,788
INVESTMENT INCOME
	2021		2020
Deposit account interest	2,373		2,639
Investment income froth quoted investments	3,616		3,188
	5,989	'	5,827
INCOME FROM CHARITABLE ACTIVITIES
	2021		2020
Local Authority Fees	11,850		12,270
Parents Fees	84,250		150,681
Education grants	279,124		278,182
	375,224		441,133

			2021	2020
Provision o f care and education
Wages			271,847	309,184
Nursery Costs			59,435	91,600
Support Costs			7,566	8,759
			338,848	409,543
SUPPORT COSTS
			Governance
		Other	costs	Totals
Provision o f care and education		6,266	1,300	7,566
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
			2021	• 2020
Depreciation	owned assets		18,430	35,260

Minimum lease payments under non−cancellable operating le	ases fall due as follows:
	2021	2020
Within one year	6,578	6,578
Between one and five years	26,312	26,312
In more than five years	13,156	19,734
	46,046	52,624

FIXED ASSET INVESTMENTS
	Listed
	investments
MARKET VALUE
At 1 April 2020	105,460
Additions	3,617
Revaluations	4,831
At 31 March 2021	113,908
NET BOOK VALUE
At 31 March 2021	113,908
At 31 March 2020	105,460
There were no investment assets outside the UK.
Cost at 31 March 2021	107,379
Cost at 31 March 2020	103,762

DEBTORS:	AM	OUNTS	FALLING DUE WITHIN ONE YE	AR
				2021	2020
Debtors				3,119	7,966
Prepayments	and	accrued	income	1,397	2,226
				4,516	10,192

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE	YEAR
	2021	2020
Social security and other taxes	2,311	4,919
Fees Received in Advance	1,809
Accruals and deferred income	4,959	8,642
	9,079	13,561

MOVEMENT IN FUNDS
		Net	Transfers
		movement	between	At
	At 1.4.20	in funds	funds	31.3.21
	£	£	£	£
Unrestricted funds
General fund	259,897	65,657	(439)	325,115
Relocation Fund	90,000	−		90,000
Contingency Fund	50,000		−	50,000
Property Improvement Fund	8,947	(5,227)		3,720
Bursary Fund	5,000	(439)	439	5,000
	413,844	59,991		1. 473,835
TOTAL FUNDS	413,844	59,991		473,835
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	394,008	(333,182)	4,831	65,657
Property Improvement Fund	−	(5,227)		(5,227)
Bursary Fund	−	(439)	−	(439)
	394,008	(338,848)	4,831	59,991
TOTAL FUNDS	394,008	(338,848)	4,831	59,991

				Net	Transfers
				movement	between			At
			At 1.4.19	in funds	funds		31.3.20
			£	£	£			£
	Unrestricted funds
	General fund		193,195	67,905	(1,203)			259,897
	Relocation Fund		90,000					90,000
•	Contingency Fund Property Improvement	Fund	50,000 29,926	(20,979)				50,000 8,947
	Bursary Fund		5,000	(1,203)	1,203			5,000
			368,121	45,723				413,844
	TOTAL FUNDS		368,121	45,723				413,844
	Cdmparative 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		458,955	(387,361)	(3,689)			67,905
	Property Improvement	Fund		(20,979)				(20,979)
	Bursary Fund	•		(1,203)			,.	(1,203)
			458,955	(409,543)	(3,689)	•		45,723
	TOTAL FUNDS		458,955	(409,543)	(3,689)			45,723
	Designated Funds

for the year ended 31 Ma	rch 2021
	2021	2020
INCOME AND ENDOWMENTS
Donations and legacies
Donations	:2,007	11,995
Other trading activities
Job retention scheme	10,788
Investment income
Deposit account interest	2,373	2,639
Investment income,from quoted investments	3,616	3,188
	5,989	5,827
Charitable activities
Local Authority Fees	11,850	12,270
Parents' Fees	84,250	150,681
Education Grant	279,124	278,182
	375,224	441,133
Total incoming resources	394,008	458,955
EXPENDITURE
Charitable activities
Wages	257,150	289,268
Social security	9,914	15,289
Pensions	4,783	4,627
Rent	7,041	7,041
Light, heat water & insurance	6,146	8,594
Telephone	1,377	1,164
Printing, postage, stationery & office expenses	2,933	3,297
Sundries	2,345	3,189
Repairs & maintenance	4,042	9,112
Food & drink	5,673	9,007
Play equipment & welfare	6,813	9,801
Nappies, wipes & disposals	3,975	3,039
Child support costs	439	1,203
Bad debts	221	892
Depreciation o f improvements	5,227	20,979	.
Depreciation o f fixtures & fittings	13,203	14,282
	331,282	400,784