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2021-03-31-accounts

The Cuckoo’s Nest AGM No. 1090934 29[th] July 2021 Chairperson’s report

Registered Charity

This has been an extraordinary year full of challenges for people throughout the world. It has been difficult for the Cuckoo’s Nest but we have risen to the challenge.

Our premises (No. 40 Peel Street) were previously rented but when the property came on the market we decided to purchase it. It was a monumental task to raise the deposit for the mortgage but thanks to the generosity of individuals and the fantastic fundraising efforts of organisations throughout the village we made it. The whole village pulled together showing how much the shop is valued by the people of Marsden.

I must pay tribute to Wendy Jones, Aine Welch and Tracy Greaves who managed to get to grips with the complexities of buying the property. Wendy has since decided to retire after a job well done and Tracy*******

Aine continues as secretary and does an amazing job. We have so many volunteers who work really hard and keep the shops running smoothly. A good number of staff did not return after the long break due to Covid. Their contributions to the life of the Cuckoo’s Nest will not be forgotten and we thank all present and past staff for their dedication and hard work. Since re-opening we have welcomed new staff but there’s always room for new recruits, so if you or anyone you know would like to work with us, you will find a friendly welcome.

Since re-opening our hours have changed. We now open on Tuesday when we were previously closed but opening time each day is 11. a.m. instead of 9.30. At the moment we are continuing with Covid restrictions, and our customers are overwhelmingly compliant.

Donations of goods to sell continue to be plentiful. This sometimes causes problems as storage space is limited. However we are continually grateful for donations as we are for our loyal customers.

This year is the 20[th] birthday of the Cuckoo’s Nest. Under the circumstances the committee decided to postpone celebrations until next year, our 21[st] .

Sandra Leyland Chairperson

Cuckoo's Nest.

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

FOR

THE CUCKOO'S NEST

Jane Cooksey Limited FCCA 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

THE CUCKOO'S NEST

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Page
General Information 1
Accountants' Report and Client Approval Certificate 2
Detailed Profit and Loss Account 3
Balance Sheet 4
Notes to the Financial Statements 5

THE CUCKOO'S NEST

GENERAL INFORMATION FOR THE YEAR ENDED 31 MARCH 2021

ADDRESS:

ACCOUNTANTS:

38/40A Peel Street Marsden Huddersfield HD7 6BW

Jane Cooksey Limited FCCA 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

Page 1

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

ACCOUNTANTS' REPORT TO

THE CUCKOO'S NEST

In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of The Cuckoo's Nest and from information and explanations supplied to us.

Jane Cooksey Limited FCCA 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

11 August 2022

CLIENT APPROVAL CERTIFICATE

I approve the financial statements and confirm that I have made available all relevant records and information for their preparation.

11 August 2022

Page 2

THE CUCKOO'S NEST

DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Income
Sales
Donations
Other income
Government grants
Deposit account interest
Expenditure
Rent
Rates and water
Room hire
Insurance
Light and heat
Telephone and postage
Tickets, labels & stationery
Repairs and renewals
Property fees
Household and cleaning
Licences & subscriptions
Sundry expenses
Volunteer expenses
Accountancy
Finance costs
Bank charges
Depreciation
Fixtures and fittings
Computer equipment
NET PROFIT
2021
£
23,827
700
29,431
13
10,885
212
-
1,083
813
557
644
8,710
1,303
750
158
434
545
120
12
3
£
24,527
29,444
53,971
26,214
27,757
106
27,651
15
27,636
2020
£
57,534
30,887
-
15
9,860
1,109
78
452
1,481
592
642
917
-
173
445
1,070
-
120
16
5
£
88,421
15
88,436
16,939
71,497
15
71,482
21
71,461

Page 3

THE CUCKOO'S NEST

BALANCE SHEET

31 MARCH 2021

Notes
FIXED ASSETS
Tangible assets
1
CURRENT ASSETS
Intercompany account
Prepayments and accrued income
Bank deposit account
Bank account
Cash in hand
CURRENT LIABILITIES
Accrued expenses
NET ASSETS
FINANCED BY
CAPITAL ACCOUNT
2
2021
£
55,012
-
14,412
18,723
90
88,237
361
£
46
87,876
87,922
87,922
2020
£
-
475
50,548
17,817
90
68,930
715
£
61
68,215
68,276
68,276

Page 4

THE CUCKOO'S NEST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1.
TANGIBLE FIXED ASSETS
COST
At 1 April 2020
and 31 March 2021
DEPRECIATION
At 1 April 2020
Charge for year
At 31 March 2021
NET BOOK VALUE
At 31 March 2021
At 31 March 2020
2.
CAPITAL ACCOUNT
Brought forward
Add
Net profit
Less
Grants
2021
£
68,276
27,636
95,912
7,990
Fixtures
and
fittings
£
3,175
3,127
12
3,139
36
48
£
87,922
87,922
Computer
equipment
£
3,015
3,002
3
3,005
10
13
2020
£
32,291
71,461
103,752
35,476
Totals
£
6,190
6,129
15
6,144
46
61
£
68,276
68,276

Page 5

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

FOR

THE CUCKOO'S NEST

Jane Cooksey Limited FCCA 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

THE CUCKOO'S NEST

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Page
General Information 1
Accountants' Report and Client Approval Certificate 2
Detailed Profit and Loss Account 3
Balance Sheet 4
Notes to the Financial Statements 5

THE CUCKOO'S NEST

GENERAL INFORMATION FOR THE YEAR ENDED 31 MARCH 2021

ADDRESS:

ACCOUNTANTS:

38/40A Peel Street Marsden Huddersfield HD7 6BW

Jane Cooksey Limited FCCA 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

Page 1

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

ACCOUNTANTS' REPORT TO

THE CUCKOO'S NEST

In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of The Cuckoo's Nest and from information and explanations supplied to us.

Jane Cooksey Limited FCCA 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

11 August 2022

CLIENT APPROVAL CERTIFICATE

I approve the financial statements and confirm that I have made available all relevant records and information for their preparation.

11 August 2022

Page 2

THE CUCKOO'S NEST

DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Income
Sales
Donations
Other income
Government grants
Deposit account interest
Expenditure
Rent
Rates and water
Room hire
Insurance
Light and heat
Telephone and postage
Tickets, labels & stationery
Repairs and renewals
Property fees
Household and cleaning
Licences & subscriptions
Sundry expenses
Volunteer expenses
Accountancy
Finance costs
Bank charges
Depreciation
Fixtures and fittings
Computer equipment
NET PROFIT
2021
£
23,827
700
29,431
13
10,885
212
-
1,083
813
557
644
8,710
1,303
750
158
434
545
120
12
3
£
24,527
29,444
53,971
26,214
27,757
106
27,651
15
27,636
2020
£
57,534
30,887
-
15
9,860
1,109
78
452
1,481
592
642
917
-
173
445
1,070
-
120
16
5
£
88,421
15
88,436
16,939
71,497
15
71,482
21
71,461

Page 3

THE CUCKOO'S NEST

BALANCE SHEET

31 MARCH 2021

Notes
FIXED ASSETS
Tangible assets
1
CURRENT ASSETS
Intercompany account
Prepayments and accrued income
Bank deposit account
Bank account
Cash in hand
CURRENT LIABILITIES
Accrued expenses
NET ASSETS
FINANCED BY
CAPITAL ACCOUNT
2
2021
£
55,012
-
14,412
18,723
90
88,237
361
£
46
87,876
87,922
87,922
2020
£
-
475
50,548
17,817
90
68,930
715
£
61
68,215
68,276
68,276

Page 4

THE CUCKOO'S NEST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1.
TANGIBLE FIXED ASSETS
COST
At 1 April 2020
and 31 March 2021
DEPRECIATION
At 1 April 2020
Charge for year
At 31 March 2021
NET BOOK VALUE
At 31 March 2021
At 31 March 2020
2.
CAPITAL ACCOUNT
Brought forward
Add
Net profit
Less
Grants
2021
£
68,276
27,636
95,912
7,990
Fixtures
and
fittings
£
3,175
3,127
12
3,139
36
48
£
87,922
87,922
Computer
equipment
£
3,015
3,002
3
3,005
10
13
2020
£
32,291
71,461
103,752
35,476
Totals
£
6,190
6,129
15
6,144
46
61
£
68,276
68,276

Page 5