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2022-03-31-accounts
|
|
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 |
17 |
| Detailed statement of financial activities |
18 |
to |
19 |
| TRUSTEES |
T Fisher Chair |
|
T P Courtney FCCA Treasurer |
|
The Rev'd M T Skinner BA, MA |
|
S Moore |
|
Mrs L De Maid |
|
M Carney |
|
L A Powrie |
|
S A Polydorou MBE JP (resigned 21.9.2021) |
| COMPANY SECRETARY |
The Revd M T Skinner BA, MA |
| REGISTERED OFFICE |
16 Ambleside Gardens |
|
South Croydon |
|
Surrey |
|
CR2 8SF |
| REGISTERED COMPANY |
04188152 (England and Wales) |
| NUMBER |
|
| REGISTERED CHARITY |
1087832 |
| NUMBER |
|
| INDEPENDENT EXAMINER |
Berringers LLP |
|
Chartered Accountants |
|
Lygon House |
|
50 London Road |
|
Bromley |
|
Kent |
|
BRI 3RA |
| BANKERS |
CAF Bank Ltd |
|
25 Kings Hill Avenue |
|
Kings Hill |
|
West Mailing |
|
Kent ME19 4JQ |
| OFSTED UNIQUE REFERENCE |
137251 |
| The rem |
uneration o f key management was as follows: |
|
|
|
|
2022 |
2021 |
| Nursery |
manager |
32,000 |
32,000 |
| for |
the year e |
nded 31 March 2 |
022 |
|
|
|
|
|
|
2022 |
2021 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
| Donations and legacies |
2 |
7,136 |
|
7,136 |
2,007 |
| Charitable activities |
5 |
|
|
|
|
| Provision o f care and education |
|
438,265 |
|
438,265 |
375,224 |
| Other trading activities |
3 |
|
|
|
10,788 |
| Investment income |
4 |
5,953 |
|
5,953 |
5,989 |
| Total |
|
451,354 |
|
451,354 |
394,008 |
| EXPENDITURE ON |
|
|
|
|
|
| Charitable activities |
6 |
|
|
|
|
| Provision o f care and education |
|
354,387 |
|
354,387 |
338,848 |
| Net gains/(losses) on investments |
|
(8,140) |
|
(8,140) |
4,831 |
| NET INCOME |
|
88,827 |
|
88,827 |
59,991 |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Total funds brought forward |
|
473,835 |
|
473,835 |
413,844 |
| TOTAL FUNDS CARRIED FORWARD |
|
562,662 |
|
562,662 |
473,835 |
|
|
|
|
|
2022 |
2021 |
|
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
|
funds |
funds |
funds |
funds |
|
|
Notes |
£ |
£ |
£ |
f |
|
FIXED ASSETS |
|
|
|
|
|
|
Tangible assets |
11 |
13,642 |
|
13,642 |
21,832 |
|
Investments |
12 |
109,022 |
|
109,022 |
113,908 |
|
|
|
122,664 |
|
122,664 |
135,740 |
|
CURRENT ASSETS |
|
|
|
|
|
|
Debtors |
13 |
9,272 |
|
9,272 |
4,516 |
|
Cash at bank and in hand |
|
441,576 |
|
441,576 |
342,658 |
|
|
|
450,848 |
|
450,848 |
347,174 |
|
CREDITORS |
|
|
|
|
|
|
Amounts falling due within one year |
14 |
(10,850) |
|
(10,850) |
(9,079) |
| **' ** |
NET CURRENT ASSETS |
|
439,998 |
|
439,998 |
338,095 |
|
TOTAL ASSETS LESS CURRENT |
|
|
|
|
|
|
LIABILITIES |
|
562,662 |
|
562,662 |
473,835 |
|
NET ASSETS |
|
562,662 |
|
562,662 |
473,835 |
|
FUNDS |
16 |
|
|
|
|
|
Unrestricted funds |
|
|
|
562,662 |
473,835 |
|
TOTAL FUNDS |
|
|
|
562,662 |
473,835 |
| 2. |
DONATIONS AND LEGACIES |
|
|
|
|
2022 |
2021 |
|
Donations |
7,136 |
2,007 |
| 3. |
OTHER TRADING ACTIVITIES |
|
|
|
|
2022 |
2021 |
|
Job retention scheme |
|
10,788 |
| 4. |
INVESTMENT INCOME |
|
|
|
|
2022 |
2021 |
|
Deposit account interest |
2,699 |
2,373 |
|
Investment income from quoted investments |
3,254 |
3,616 |
|
|
5,953 |
5,989 |
| 5. |
INCOME FROM CHARITABLE ACTIVITIES |
|
|
|
|
2022 |
2021 |
|
Local Authority Fees |
8,400 |
11,850 |
|
Parents' Fees |
172,381 |
84,250 |
|
Education grants |
257,484 |
279,124 |
|
|
438,265 |
375,224 |
|
|
|
2022 |
2021 |
|
Provision o f care and education |
|
|
|
|
Wages |
|
285,301 |
271,847 |
|
Nursery Costs |
|
59,847 |
59,435 |
|
Support Costs |
|
9,239 |
7,566 |
|
|
|
354,387 |
338,848 |
| 7. |
SUPPORT COSTS |
|
|
|
|
|
|
Governance |
|
|
|
Other |
costs |
Totals |
|
Provision of care and education |
7,939 |
1,300 |
9,239 |
| 8. |
NET INCOME/(EXPENDITURE) |
|
|
|
|
Net income/(expenditure) is stated after charging/(crediting): |
|
|
|
|
|
|
2022 |
2021 |
|
Depreciation −owned assets |
|
11,193 |
18,430 |
|
2022 |
2021 |
| Salaries |
259,707 |
246,747 |
| Social security costs |
11,711 |
9,914 |
| Pensions |
5,916 |
4,783 |
| Cleaning |
5,006 |
4,680 |
| Training |
2,226 |
3,304 |
| Recruitment costs |
735 |
2,419 |
|
285,301 |
271,847 |
| TANGIBLE FIXED ASSETS |
|
|
|
|
Improvements |
Fixture, |
|
|
to |
fittings |
|
|
property |
& equipment |
Totals |
| COST |
|
|
|
| At 1 April 2021 |
248,331 |
62,726 |
311,057 |
| Additions |
|
3,003 |
3,003 |
| Disposals |
|
(4,260) |
(4,260) |
| At 31 March 2022 |
248,331 |
61,469 |
309,800 |
| DEPRECIATION |
|
|
|
| At 1 April 2021 |
241,119 |
48,106 |
289,225 |
| Charge for year |
5,228 |
5,965 |
11,193 |
| Eliminated on disposal |
− |
(4,260) |
(4,260) |
| At 31 March 2022 |
246,347 |
49,811 |
296,158 |
| NET BOOK VALUE |
|
|
|
| At 31 March 2022 |
1,984 |
11,658 |
13,642 |
| At 31 March 2021 |
7,212 |
14,620 |
21,832 |
| FIXED ASSET INVESTMENTS |
|
|
Listed |
|
investments |
| MARKET VALUE |
|
| At 1 April 2021 |
113,908 |
| Additions |
3,254 |
| Revaluations |
(8,140) |
| At 31 March 2022 |
109,022 |
| NET BOOK VALUE |
|
| At 31 March 2022 |
109,022 |
| At 31 March 2021 |
113,908 |
| There were no investment assets outside the UK. |
|
| Cost at 31 March 2022 |
110,632 |
| Cost at 31 March 2021 |
107,379 |
| DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
2022 |
2021 |
| Debtors |
3,553 |
3,119 |
| Prepayments and accrued income |
5,719 |
1,397 |
|
9,272 |
4,516 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
2022 |
2021 |
| Social security and other taxes |
3,432 |
2,311 |
| Other creditors |
801 |
|
| Fees Received in Advance |
639 |
1,809 |
| Accruals and deferred income |
5,978 |
4,959 |
|
10,850 |
9,079 |
| Minimum lease payments under non−cancellable operatin |
g leases fall due as follows: |
|
|
2022 |
2021 |
| Within one year |
6,578 |
6,578 |
| Between one and five years |
26,312 |
26,312 |
| In more than five years |
6,578 |
13,156 |
|
39,468 |
46,046 |
| MOVEMENT IN FUNDS |
|
|
|
|
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1.4.21 |
in funds |
funds |
31.3.22 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
325,115 |
94,615 |
(200,560) |
219,170 |
| Relocation Fund |
90,000 |
|
(90,000) |
− |
| Contingency Fund |
50,000 |
|
(50,000) |
− |
| Property Improvement Fund |
3,720 |
(5,228) |
340,000 |
338,492 |
| Bursary Fund |
5,000 |
(560) |
560 |
5,000 |
|
473,835 |
88,827 |
|
562,662 |
| TOTAL FUNDS |
473,835 |
88,827 |
|
562,662 |
| 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 |
451,354 |
(348,599) |
(8,140) |
94,615 |
| Property Improvement Fund |
|
(5,228) |
|
(5,228) |
| Bursary Fund |
|
. (560) |
|
(560) |
|
451,354 |
(354,38'7) |
(8,140) |
88,827 |
| TOTAL FUNDS |
451,354 |
(354,387) |
(8,140) |
88,827 |
| Comparatives for 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 |
|
473,835 |
| TOTAL FUNDS |
413,844 |
59,991 |
|
473,835 |
|
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 |
| for the year ended 31 Mar |
ch 2022 |
|
|
2022 |
2021 |
| INCOME AND ENDOWMENTS |
|
|
| Donations and legacies |
|
|
| Donations |
7,136 |
2,007 |
| Other trading activities |
|
|
| Job retention scheme |
|
10,788 |
| Investment income |
|
|
| Deposit account interest |
2,699 |
2,373 |
| Investment income from quoted investments |
3,254 |
3,616 |
|
5,953 |
5,989 |
| Charitable activities |
|
|
| Local Authority Fees |
8,400 |
11,850 |
| Parents' Fees |
172,381 |
84,250 |
| Education Grant |
257,484 |
'279,124 |
|
438,265 |
375,224 |
| Total incoming resources |
451,354 |
394,008 |
| EXPENDITURE |
|
|
| Charitable activities |
|
|
| Wages |
267,674 |
257,150 |
| Social security |
11,711 |
9,914 |
| Pensions |
5,916 |
4,783 |
| Rent |
7,041 |
7,041 |
| Light, heat water & insurance |
8,775 |
6,146 |
| Telephone |
1,146 |
1,377 |
| Printing, postage, stationery & office expenses |
3,450 |
2,933 |
| Sundries |
3,446 |
2,345 |
| Repairs & maintenance |
4,929 |
4,042 |
| Food & drink |
8,077 |
5,673 |
| Play equipment & welfare |
7,069 |
6,813 |
| Nappies, wipes & disposals |
3,766 |
3,975 |
| Child support costs |
560 |
439 |
| Bad debts |
396 |
221 |
| Depreciation o f improvements |
5,228 |
5,227 |
| Depreciation o f fixtures & fittings |
5,964 |
13,203 |
|
345,148 |
331,282 |
| Support costs |
|
|
| Other |
|
|
| Legal & professional fees |
7,939 |
6,266 |
| for the year ende |
d 31 March 2022 |
|
|
2022 |
2021 |
| Other |
|
|
| Governance costs |
|
|
| Independent examination |
1,300 |
1,300 |
| Total resources expended |
354,387 |
338,848 |
| Net income |
96,967 |
55,160 |