|Report ofthe Trustees||1|to|4|
|---|---|---|---|---|
|Independent
Bxamineds|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Cash Flow Statement|||||
|Notes to the Cash Flow|Statement||||
|Notes to the Financial Statements||10|to|16|
|Detailed Statement ofFinancial Activities||17|to|18|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Statement
fFinancia
ln
ratin
in
fortbe Year
n
d|l
Activities
rnc cnd Ex
nditcre
c
1March2023|t|||||
|---|---|---|---|---|---|---|
||||||313.23|31.3.22|
||||Unrestricted|Restricted|Total|Total|
|||Notes|funds|funds|fundsf|funds
f|
|INCOME AND ENDOWMENTS FROM|||||||
|Charitable
activities|||||||
|Fees for places|||690,959||690,959|643,623|
|Nursery costs||||||7,840|
|Collaborative
training||||||2,677|
|Other trading
activities||2|3,598||3,598|1,830|
|investment
income||3|529||529|19|
|Total|||695,086||695,086|655,989|
|EXPENDITURE ON|||||||
|Raising funds||||||298|
|Charitable
activities|||||||
|Fees for places|||690,994||690,994||
|Nursery costs||||||635,009|
||||690894||690,994|635,307|
|NET INCOME|||4,092||41092|20,682|
|RECONCILIATION OFFUNDS|||||||
|Total funds brought|forward||196,643||196)643|175,961|
|TOTAL FUNDS CARRIED FORWARD|||200,735||200,735|196,643|
##
|Balance
heat
1 Mar h 2023||||||
|---|---|---|---|---|---|
|||||310.23|31.3.22|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||f.|f|
|FIXEDASSETS||||||
|Taagible assets|12|64,233||64,233|76,006|
|CURRENT ASSETS||||||
|Oebtom|13|27,811||27&811|26,112|
|Cash at bank and in hand||209,817||209,817|212,514|
|||237,628||237&628|238,626|
|CREDITORS||||||
|Amounts
falling due within one year|14|(101,126)||(101,126)|(117,989)|
|NET CURRENT ASSETS||136,502||136,502|120,637|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||200,735||200,735|196,643|
|NET ASSETS||200,735||200,735|196,643|
|FUNDS|16|||||
|Unrestricted
funds||||200,735|196,643|
|TOTAL FUNDS||||200,735|196,643|
|for the Year Ended 31Mars|h 2 23||||
|---|---|---|---|---|
||||313.23|31.3.22|
|||Nates|f||
|Cash Bows from operating|activities||||
|Cash generated
from operations||1|(1)726)|(19,274)|
|Net cash used in operating|activities||(1,726)|(19,274)|
|Cash Ilows from investing|activities||||
|Purchase oftangible
fixed assets|||(1,500)||
|Interest received|||529|19|
|Net cash (used in)/provided|by investing|activities|(971)|19|
|Change in cash and cash equivalents||in|||
|the reporting
period|||(2,697)|(19,255)|
|Cash and cash equivalents|at the||||
|beginning ofthe reporting|period||212/14|231,769|
|Cash and cash equivalents|at the end|of|||
|the repordng
period|||209,817|212,514|
|RECONClLIATION|RECONClLIATION|OFNET INCOME TO NET CASH FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES|
|---|---|---|---|---|
||||313.23|313.22|
||||f||
|Net iucome|for tbe reportiag period (as per the Statement ofFinancial||||
|Activities)|||4,092|20,682|
|Adjustments|for:||||
|Depreciation|charges||13373|13,232|
|Interest received|||(529)|(19)|
|Increase m debtors|||(1,699)|(8,53I)|
|Decrease
in|creditors||(16,863)|(44,638)|
|Net cash used in operations|||(1,726)|(19,274)|
|ANALYSIS OFCHANGES IN NET FUND|S|||
|---|---|---|---|
||At 1.4.22|Cash flow|At313.23|
|||f.|f|
|Net cash||||
|Cash at bank and in band|212,514|(2&697)|209,817|
||212,514|(2,697)|209,817|
|Total|212,514|(25697)|209,817|
##
##
##
##
##
##
##
##
##
||company's
pension scheme are charged to the|company's
pension scheme are charged to the|company's
pension scheme are charged to the|Statement ofFinancial A|ctivities
in the period to which|they relate.|
|---|---|---|---|---|---|---|
|2.|OTHER TRADING ACTIVITIES||||||
||||||31,3,23
f|31.3.22
f|
||Fundreising|events|||3,598|1,830|
|3.|INVESTMENT INCOME||||||
||||||31.3.23|31.3.22|
|||||||f|
||Deposit account interest||||529|19|
|4,|INCOME FROM CHARITABLE ACTIVITIES||||||
||||||31.3.23|31.3.22|
||||Activity||||
||Fees||Fees forplaces||689,129|643,623|
||Collaboration|funding|Fees forplaces||1,830||
||Grants||Nursery costs|||7,840|
||Collaboration|funding|Collaborative|training||2,677|
||||||690,959|654,140|
||Grants received, included||in the abave, are as|follows:|||
||||||319.23
f|31.3.22|
||Coronavirus|Job Retention|Scheme|||1,391|
||Apprenticeship
levy|||||1,500|
||KCC Outside|space||||4,949|
|||||||7,840|
##
||Raising donatioas and|legacies||||
|---|---|---|---|---|---|
|||||313.23|31.3.22|
|||||f|f|
||Sundries||||298|
|6.|CHARITABLE ACTIVITIES COSTS|||||
|||||Support||
||||Direct|costs (see||
||||Costs|note 7)
f|Totals|
||Fees for places||689,804|1,190|690,994|
|7.|SUPPORT COSTS|||||
||||||Governance|
||||||costsf|
||Fees for places||||1,190|
|L|NET INCOME/(EKPENDITURE)|||||
||Net income/(expenditure)|is stated atter charging/(crediting):||||
|||||312.23
f|31.3.22
f|
||Depreciation
- owned assets|||13,273|!3,232|
||Other operating leases|||39,534|38,614|
##
##
##
|STAFFCOSTS|||||
|---|---|---|---|---|
||||313.23
f|31,3,22
f|
|Wages and salaries|||487,299|442,452|
|Social security costs|||25,688|26,434|
|Other pension costs|||8,402|4,246|
||||521889|473,132|
|The average monthly|number ofemployees|during the year was as follows:|||
||||313.23|31.3.22|
|Full /b part time stalf|||34|33|
##
||No employees
receiv|ed emoluments
in excess off60,000|ed emoluments
in excess off60,000|ed emoluments
in excess off60,000|||
|---|---|---|---|---|---|---|
|11.|COMPARATIVES|FOR THE STATEMENT OFFINANCIAL ACTIVITIES|||||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
||||||f,||
||INCOME AND ENDOWMENTS FROM||||||
||Charitable
activities||||||
||Fees for places|||643,623||643,623|
||Nmsery costs|||7,840||7,840|
||Collaborative
training|||2,677||2,677|
||Other trading activities|||1,830||1,830|
||Investment
income|||19||19|
||Total|||655,989||655,989|
||EXPENDITURE OiV||||||
||Raising funds|||298||298|
||Charitable
activities||||||
||Nursery
costs|||635,009||635,009|
||Total|||635,307||635,307|
||NET INCOME|||20,682||20,682|
||RECONCILIATION||OFFUNDS||||
||Total funds bmught|forward||175,961||175,961|
||TOTAL FUNDS CARRIED FORWARD|||196,643||196,643|
##
|12.|TANGIBLE FIXEDASSETS||||
|---|---|---|---|---|
||||Fixtures||
|||Long|and||
|||leasehold
I|ftttiugs
f,|Totals
6|
||COST||||
||At 1 April 2022|266,811|77rt75|344,786|
||Additions||1,500|1400|
||At 31March 2023|266,811|79,475|346,286|
||DEPRECIATION||||
||At 1 April 2022|194,705|74,075|268,780|
||Charge for year|12,016|1,257|13,273|
||At 31March 2023|206,721|75@32|282,053|
||NET BOOKVALUE||||
||At 31March 2023|60,090|4,143|64,233|
||At 31March 2022|72,106|3,900|76,006|
|13.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR||||
||||313.23|31.3.22|
||||f|f|
||Fees receivable||13rt42|9,358|
||Prep ayments||13,869|16,754|
||||271811|26,112|
|14.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YKAR||||
||||313.23
f|31.3.22
f|
||Trade creditors||2,570||
||Fees paid in advance||9,351|12,158|
||Deposits received||24329|19,646|
||Social security and other taxes||5,911|5,962|
||Other creditors||13P80|20,658|
||Accrued expenses||45,585|59,565|
||||101,126|117,989|
##
##
##
|MOVEMEN|T IN FUNDS|||||||
|---|---|---|---|---|---|---|---|
|||||||Net||
|||||||movement|At|
||||||At 1.4.22|in funds|31.3.23|
||||||E|E|E|
|Unrestricted|funds|||||||
|General fund|||||187,566|4,092|191,658|
|Fixed Assets|Fund||||9,077||9,077|
||||||196&643|4,092|200,735|
|TOTALFUNDS|||||196,643|4,092|200,735|
|Net movement|in fsmds, induded|||in the above|are as follows:|||
||||||Incoming|Resources|lvlovement|
||||||resources|expended|in funds|
||||||||E|
|Unrestricted|funds|||||||
|General fund|||||695&086|(690,994)|4,092|
|TOTAL FUNDS|||||695,086|(690,994)|4,092|
|Comparatlves|for movement||in|funds||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.21|in funds|31.3.22|
||||||f.||E|
|Unrestricted|funds|||||||
|General fund|||||166,884|20,682|187,566|
|Fixed Assets|Fund||||9,077||9,077|
||||||175,961|20,682|196,643|
|TOTAL FUNDS|||||175,961|20,682|196,643|
|Comparative|net movement|in|funds, included||in the above are as follows:|||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||E||E|
|Unrestricted|funds|||||||
|General fund|||||655,989|(635,307)|20,682|
|TOTAL FUNDS|||||655,989|(635,307)|20,682|
##
||||Nct||
|---|---|---|---|---|
||||movement|At|
|||At 1.4.21|in funds|31.3.23|
|||f||f|
|Unrestricted|funds||||
|General fund||166,884|24,774|191,658|
|Fixed Assets|Fund|9,077||9,077|
|||175,961|24,774|200,735|
|TOTAL FUNDS||175,961|24,774|200,735|
|||Incoming|Resources|Mavement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||f|||
|Unrestricted|funds||||
|Geaeral fund||1,351,075|(1,326,301)|24,774|
|TOTAL FUNDS||1,351,075|(1,326,301)|24,774|
##
|Detailed Statement|Detailed Statement|ofFinancial Activities|ofFinancial Activities|||
|---|---|---|---|---|---|
|for the Year En||31M|h 2023|||
|||||31.3.23|31.3.22|
|||||6|5|
|INCOME AND|ENDOWMENTS|||||
|Other trading activities||||||
|Fundraising
events||||3,59S|1,830|
|Investmeat
income||||||
|Deposit accouot|interest|||529|19|
|Charitable
activities||||||
|Fees||||689,129|643,623|
|Collaboration
funding||||1,830|2,677|
|Grants|||||7,840|
|||||690,959|654,140|
|Total incoming|resources|||695,086|655,989|
|EXPENDITURE||||||
|Raising donatiens||and legacies||||
|Sundries|||||298|
|Charitable
activities||||||
|Wages||||487,299|442,452|
|Social security||||25,688|26,434|
|Pensions||||8,402|4,246|
|Rent||||39)534|38,614|
|Rates and water||||5,060|1,683|
|Insurance||||8,074|5,941|
|Light and heat||||14,973|6,596|
|Telephone||||1,296|1,431|
|Postage and stationery||||2,84S|3,366|
|Advertising||||396|455|
|Sundries||||4,06S|2,838|
|Activity supplies||||9,05S|14,001|
|Ttannng||||2,064|2,690|
|Catering||||38,133|38,980|
|Cleaning||||20,843|21,628|
|Repairs &maintenance||||2,599|4,902|
|Subscnptions||||1,485|1,820|
|Software support||||4,711|2,785|
|Long leasehold||||12,016|12,016|
|Fixtures and fittings||||1,257|1,216|
|||||689,804|634,094|
|Support costs||||||
|Governance
costs||||||
|Accountancy
fees||||840|840|
|Carried forward||||840|840|
|||31.3.23|31.3.22|
|---|---|---|---|
|||6||
|Governance|costs|||
|Bmught
forward||840|840|
|Bank charges||126|75|
|Professional|fees|224||
|||1,190|915|
|Total resources|expended|690,994|635,307|
|Net income||4,092|20,682|