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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|
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|The rem|uneration o f key management was as follows:|||
|---|---|---|---|
|||**2021**|2020|
|Nursery|manager|**32,000**|38,203|
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|||||**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|
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|||||**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|
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|**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|
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||||**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|
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||**2021**|2020|
|---|---|---|
|Salaries|**246,747**|279,499|
|Social security costs|**9,914**|15,289|
|Pensions|**4,783**|4,627|
|Cleaning|**4,680**|5,511|
|Training|**3,304**|2,984|
|Recruitment costs|**2,419**|1,274|
||**271,847**|309,184|
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|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|
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||**TANGIBLE FIXED ASSETS**||||
|---|---|---|---|---|
|||Improvements|Fixture,||
|||to|fittings||
|||property|& equipment|Totals|
||**COST**||||
||At 1 April 2020|**248,331**|**60,848**|**309,179**|
||Additions||**1,878**|**1,878**|
||At 31 March 202i|**248,331**|**62,726**|**311,057**|
||**DEPRECIATION**||||
||At 1 April 2020|**235,892**|**34,903**|**270,795**|
||Charge for year|**5,227**|**13,203**|**18,430**|
||At 31 March 2021|**241,119**|**48,106**|**289,225**|
|**• **|**NET BOOK VALUE**||||
||At 31 March 2021|**7,212**|**14,620**|**21,832**|
||At 31 March 2020|12,439|25,945|38,384|
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|**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|
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|**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|
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|**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**|
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|||||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**||||||||
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|**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||
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|**for the year end**|**ed 31 March 2021**||
|---|---|---|
||2021|2020|
|**Support costs**|||
|**Other**|||
|Legal & professional fees|**6,266**|7,459|
|**Governance costs**|||
|Independent examination|**1,300**|1,300|
|Total resources expended|**338,848**|409,543|
|**Net income**|**55,160**|49,412|