2021-03-31-accounts - Dallow Community Nursery

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Strengths:	Strengths:				Areas	for Development:	for Development:
~	Good Ofsted rating				~	Ageing building occasionally		needing
~	High number ofchildren in the local			area		expensive repairs (roofin need			ofrepairs)
~	Large number of2	&	3-year-old children		~	Female dominated environment
	entitled to funding				~	Children's starting points much			lower than
~	Waiting list					previous years
~	Links with Dallow	Primary school			~	More children moving to the area with EAL for
~	Financially sustainable					whom there is no community		speaker in the
~	Excellent facilities					setting
~	Inclusive setting
~	Healthy Smiles
~	Intervention Office
~	In process ofsecuring		new 5-year lease with
	the council
~	Partial refurbishment		completed to ageing
	building helping to	reduce further repair costs
Opportunities:					Challenges:
~	New Early Years		Outcomes —now using		~		Situated within a deprived		ward where
	Nursery Story	to	track children's	progress			parents are unable to afford childcare fees.
~	New planning	system in place			~		Local community uses extended family for
~	New staff employed —chance to			mix up			childcare
	teams and bring new ideas to the			Nursery	~		Lots ofchildcare providers		in the area
					~		Rlsnlg nnnrlg costs
					~		National living wage increase
					~		Long term staff leaving to		further career in
							a school setting
					~		Attracting more parents to		join the
							voluntary committee

	Restricted	Unrestricted	Total	Total
	Fund	Fund	Fund	Fund
			2021	2020
			g
Wages	260,429	0	260,429	274,709
Employers NIC	9,347	0	9,347	10,108
StaffPensions	3,811	0	3,811	3,780
Canteen Expenses	3,142	0	3,142	6,974
Milk	590	0	590	883
School Trips	0	0	0	813
Training Costs	98	0	98	1,564
Education Resources	108	4,381	4,489	8,106
Payroll Service	0	2,320	2,320	2,506
Light and heat	847	23	870	1,751
Insurance	2,651	73	2,724	7,187
Major Renovations	0	0	0	48,427
Repairs to Premises	6,751	185	6,936	14,371
ITcosts dt maintenance	443	12	455	108
Telephone	1,856	51	1,907	1,218
Postage and Stationery	3,183	87	3,270	2,638
Storage	2,668	73	2,741	2,530
Cleaning	2,886	79	2,965	4,632
Accountancy and Audit	1,870	51	1,921	1,816
Outgoing Gifts	1,047	29	1,076	0
Sundry Expenses	4,541	124	4,665	4,822
Bank Charges	84	2	86	0
	306,352	7,490	313,842	398,943

6.	Creditors
Amounts falling due within one year:-
		2021	2020
	Deferred Income	19,267	21,587
	Tax and Social Security	2,626	2,733
	Accruals	2,520	2,520
	Pensions	1,201	1,079
		25,614	27,919

Anal sis ofNe	t Assets bet	ween Funds
		Restricted	Unrestricted	Total	Total
		Fund	Fund	Fund	Fund
				2021	2020
				g	g
Tangible Fixed	Assets
Current Assets Current Liabilities		19,677 ~79,677	237,964 ~5,937	257,641 ~25 614	300,093 (27,919)
			232,027	232,027	272,174
D~if 6f	dd
3 months costs			95,000
Asset replacement:
Computers			5,000
Equipment			30,000
Repairs and Maintenance			5,000
Lease renewal			5,000
			140,000