REGISTERED COMPANY NUMBER: 04577926 (England and Wales) REGISTERED CHARITY NUMBER: 1098976
‘
Trustees’ Report and
Unaudited Financial Statements for the Year Ended 31 January 2021
for
Cawthorne Children's Centre
Harris & Co Limited Chartered Accountants Marland House 13 Huddersfield Road Barnsley South Yorkshire S70 2LW
Cawthorne Children's Centre
Contents of the Financial Statements for the Year Ended 31 January 2021
| Page | Page | ||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Trustees’ Report | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Statement of Financial Position | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 14 |
| DetailedStatementofFinancialActivities | 15 | to | 16 |
Cawthorne Children's Centre
Reference and Administrative Details for the Year Ended 31 January 2021
| TRUSTEES | MrT J Robinson |
|---|---|
| Mrs C L Haslam | |
| MrA Rose | |
| Mr J Moate | |
| COMPANY SECRETARY | MrA Rose |
| REGISTERED OFFICE | Taylor Hill |
| Cawthorne | |
| Barnsley | |
| South Yorkshire | |
| S75 4HB | |
| REGISTERED COMPANY | 04577926 (England and Wales) |
| NUMBER |
REGISTERED CHARITY 1098976 NUMBER INDEPENDENT EXAMINER Harris & Co Limited Chartered Accountants Marland House 13 Huddersfield Road Barnsley South Yorkshire S70 2LW
Page 1
Cawthorne Children's Centre
Trustees’ Report for the Year Ended 31 January 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and activities
The principal objective of Cawthorne Childrens’ Centre is to enhance the education and development of pre-school age children. The aims of the charity are:
-
to provide a safe and stimulating environment that encourages the physical, intellectual, language, emotional and social development of the children;
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to provide structured activities to develop childrens’ skills enabling them to reach their full potential;
-
to work alongside parents and carers in identifying a child's needs, monitoring and then responding appropriately;
-
to work within a framework that ensures equality of opportunity for all.
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.
ACHIEVEMENT AND PERFORMANCE
During the period the Centre was successful in continuing to enhance the development and education of children by encouraging parents and carers to understand and provide for the needs of their children through community groups. The Centre was rated as outstanding by Ofsted in March 2017.
FINANCIAL REVIEW
Cawthorne Children's Centre had an excess of expenditure over income of £4,668 (2020: £21,982) and had unrestricted funds carried forward as at 31 January 2021 of £89,144 (2020: £83,830) and restricted funds carried forward of £93,963 (2020: £103,945).
All unrestricted reserves of the Charity are used for the purposes of achieving the Charity's objectives and aims. The restricted reserves are used for capital expenditure and will be utilised by the depreciation of the long leasehold.
The Coronavirus pandemic is causing a global health and economic crisis that is without precedent. Whilst governments worldwide (including in the UK) and global authorities are responding with extraordinary measures, the crisis is having, and will continue to have, a very significant impact on many charities including ours. Within that context the Trustees and the Centre Managers have put in place measures to ensure the viable operational management of Cawthorne Children's Centre during these unprecedented times, including more regular meetings, detailed forecasts and analysis of expenditure. Cawthorne Children's Centre is also reviewing and enhancing its fundraising activities and applying for grants, where appropriate. Since re-opening in July 2020 parents and children have returned in increasing numbers. Cawthorne Children's Centre is popular as ever, with a waiting list and this demonstrates the strength of the business. However, although the Coronavirus pandemic restrictions have lifted and the economy is recovering, there are still some uncertainties including staffing, the ability of Cawthorne Children's Centre to offer a full spectrum of services, and the potential for further lockdowns. The Trustees and the Centre Management will continue to take measures to ensure Cawthorne Children's Centre's financial security, however as accounts are required to be drawn up on a going concern basis which looks ahead at least 12 months from the date of signing, it is not possible to predict whether Cawthorne Children's Centre will remain a going concern for the next 12 months. There is therefore a fundamental uncertainty as to the going concern basis of preparing the accounts.
Page 2
Cawthorne Children's Centre
Trustees’ Report for the Year Ended 31 January 2021
FUTURE PLANS
The Charity has no plans to expand its activities and will continue to strive to meet its charitable objectives in the community in which it operates.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Cawthorne Children's Centre is a charitable company limited by guarantee, incorporated on 30 October 2002 and registered as a Charity (1098976). The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under the Articles of Association.
Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association the trustees are elected to serve for a period of one year after which they are eligible for re-election at the next Annual General Meeting.
INDEPENDENT EXAMINER
lan Bragger has been appointed as independent examiner for the ensuing year.
Approved by order of the board of trustees on 13" October 2021 and signed on its behalf by:
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Independent Examiner's Report to the Trustees of Cawthorne Children's Centre
Independent examiner's report to the trustees of Cawthorne Children's Centre (‘the Company’) | report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. | can confirm that | am qualified to undertake the examination because | am a registered member of Association of Chartered Accountants which is one of the listed bodies.
Your attention is to drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn.
We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
lan Bragger ACA Association of Chartered Accountants Harris & Co Limited Chartered Accountants Marland House 13 Huddersfield Road Barnsley South Yorkshire S70 2LW
Date: 2 Ocrober 202%
Page 4
Cawthorne Children's Centre
Statement of Financial Activities for the Year Ended 31 January 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 4,099 | - | 4,099 | 52 | |
| Charitable activities | |||||
| Provision ofeducation and childcare | 288,625 | 588 | 289,213 | 436,216 | |
| Othertrading activities | 2 | 115,948 | - | 115,948 | 2,273 |
| Investment income | 3 | 37 | - | 37 | 122 |
| Total | 408,709 | 588 | 409,297 | 438 663 | |
| EXPENDITURE ON | |||||
| Charitable activities | |||||
| Provision ofeducation and childcare | 4 | (403,395) | (10,570) | (413,965) | (460,645) |
| NETINCOME/(EXPENDITURE) | 5,314 | (9,982) | (4,668) | (21,982) | |
| RECONCILIATION OF FUNDS | |||||
| Totalfunds broughtforward | 83,830 | 103,945 | 187,775 | 209,757 | |
| TOTALFUNDSCARRIEDFORWARD | 89,144 | 93,963 | 183,107 | 187,775 |
CONTINUING OPERATIONS
The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
The notes form part of these financial statements
Page 5
Cawthorne Children's Centre
Statement of Financial Position
| 31 January 2021 | |||
|---|---|---|---|
| 2021 | 2020 | ||
| Notes | F | £ | |
| FIXEDASSETS | |||
| Tangible assets | 9 | 143,058 | 159 261 |
| CURRENTASSETS | |||
| Debtors | 10 | 5,925 | 4,843 |
| Cash at bank and in hand | 82,425 | 69,708 | |
| 88,350 | 74,551 | ||
| CREDITORS | |||
| Amounts falling duewithin one year | 11 | (48,301) | (46,037) |
| NETCURRENTASSETS | 40,049 | 28,514 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 183,107 | 187,775 | |
| NETASSETS | 183,107 | 187,775 | |
| FUNDS | |||
| Unrestricted funds | 89,144 | 83,830 | |
| Restricted funds | 93,963 | 103,945 | |
| TOTALFUNDS | 13 | 183,107 | 187,775 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) — ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) — preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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continued...
Cawthorne Children's Centre
Statement of Financial Position - continued 31 January 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 13 October 2021 and were signed on its behalf by:
MrARose-Trustee
The notes form part of these financial statements
Page 7
Cawthorne Children's Centre
- ACCOUNTING POLICIES
Notes to the Financial Statements for the Year Ended 31 January 2021
Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis (see page 9 for further information on going concern) under the historical cost convention.
Income and debtors
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Government grants
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised asa liability.
During the period the company was in receipt of government support in the form of the Coronavirus Job Retention Scheme grants and the Local Authority Discretionary Grants Fund.
Expenditure and liabilities
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - Over the life of the lease straight line Plant and machinery - 33% on cost straight line and 15% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Investment income, gains and losses are allocated to the appropriate fund.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
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Cawthorne Children's Centre
Notes to the Financial Statements - continued for the Year Ended 31 January 2021
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Going concern
The Trustees assess whether the use of going concern is appropriate, i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The Trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements.
The Coronavirus pandemic is causing a global health and economic crisis that is without precedent. Whilst governments worldwide (including in the UK) and global authorities are responding with extraordinary measures, the crisis is having, and will continue to have, a very significant impact on many charities including ours. Within that context the Trustees and the Centre Managers have put in place measures to ensure the viable operational management of Cawthorne Children's Centre during these unprecedented times, including more regular meetings, detailed forecasts and analysis of expenditure. Cawthorne Children's Centre is also reviewing and enhancing its fundraising activities and applying for grants, where appropriate.
Since re-opening in July 2020 parents and children have returned in increasing numbers. Cawthorne Children’s Centre is popular as ever, with a waiting list and this demonstrates the strength of the business. However, although the Coronavirus pandemic restrictions have lifted and the economy is recovering, there are still some uncertainties including staffing, the ability of Cawthorne Children's Centre to offer a full spectrum of services, and the potential for further lockdowns. The Trustees and the Centre Management will continue to take measures to ensure Cawthorne Children's Centre's financial security, however as accounts are required to be drawn up on a going concern basis which looks ahead at least 12 months from the date of signing, it is not possible to predict whether Cawthorne Children's Centre will remain a going concern for the next 12 months. There is therefore a fundamental uncertainty as to the going concern basis of preparing the accounts.
OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 2021 | 2020 | |
| & | £ | |
| Fundraising events | 309 | 2,125 |
| Photo commissions | - | 148 |
| Other income | 18,262 | - |
| Government grants | 97,377 | - |
| 115,948 | 2273 |
Other income consists of £17,262 received for a loss of income claim made by the Centre under the insurance policy, and also includes a £1,000 training grant.
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Cawthorne Children's Centre
- INVESTMENT INCOME
Notes to the Financial Statements - continued for the Year Ended 31 January 2021
| 3. | INVESTMENT INCOME | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| £ | £ | |||
| Deposit account interest | 37 | 122 | ||
| 4. | CHARITABLE ACTIVITIES COSTS | |||
| Direct | Support | |||
| Costs | costs | Totals | ||
| £ | £ | £ | ||
| Provision ofeducation and childcare | 409 984 | 3,981 | 413,965 | |
| In 2020 the direct costs was £456,901 and support costs was £3,744. | ||||
| 5; | NET EXPENDITURE | |||
| Net expenditure is stated aftercharging: | ||||
| 2021 | 2020 | |||
| £ | £ | |||
| Depreciation - owned assets | 16,203 | 17,727 | ||
| Other operating leases | 700 | 700 | ||
| Independentexaminationfees | 1,403 | 1,597 |
5; NET EXPENDITURE
- TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 January 2021 nor for the year ended 31 January 2020.
Trustees’ expenses
There were no_ trustees’ expenses paid for the year ended 31 January 2021 nor for the year ended 31 January 2020.
- STAFF COSTS
| STAFF COSTS | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Wages and salaries | 333,329 | 351,985 |
| Social security costs | 10,635 | 13,962 |
| Other pension costs | 3,863 | 4,318 |
| 347,827 | 370,265 |
The total amount of employee benefits (including employer pension contributions) received by key management personnel for their services to the centre for the year was £58,999 (2020: £55,113).
The average monthly number of employees during the year was as follows:
| 2021 | 2020 | ||
|---|---|---|---|
| Practitioners Catering |
. | 20 2 |
20 2 |
| Senior Managers | 3 | 4. | |
| Admin | 2 | - | |
| 27 | 26 |
No employees received emoluments in excess of £60,000 (2020: none).
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Cawthorne Children's Centre
Notes to the Financial Statements - continued for the Year Ended 31 January 2021
| 8. | COMPARATIVES FORTHE STATEMENT OF FINANCIALACTIVITIES | COMPARATIVES FORTHE STATEMENT OF FINANCIALACTIVITIES | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 52 | - | 52 | |
| Charitable activities | ||||
| Provision ofeducation and childcare | 436,216 | - | 436,216 | |
| Othertrading activities | 2,273 | - | 2,273 | |
| Investment income | 122 | - | 122 | |
| Total | 438,663 | - | 438,663 | |
| EXPENDITURE ON | ||||
| Charitable activities | ||||
| Provision ofeducation and childcare | 450,250 | 10,395 | 460,645 | |
| NETEXPENDITURE | (11,587) | (10,395) | (21,982) | |
| RECONCILIATION OFFUNDS | ||||
| Total funds broughtforward | 95,417 | 114,340 | 209,757 | |
| TOTAL FUNDS CARRIED FORWARD | 83,830 | 103,945 | 187,775 | |
| 9. | TANGIBLE FIXEDASSETS | |||
| Long | Plant and | |||
| leasehold | machinery | Totals | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 February2020 and 31 January 2021 | 374,558 | 38,727 | 413,285 | |
| DEPRECIATION | ||||
| At 1 February2020 | 219,762 | 34,262 | 254,024 | |
| Charge foryear | 15,482 | 721 | 16,203 | |
| At 31 January 2021 | 235,244 | 34,983 | 270,227 | |
| NET BOOKVALUE | ||||
| At 31 January 2021 | 139,314 | 3,744 | 143,058 | |
| At31January2020 | 154,796 | 4,465 | 159,261 |
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Cawthorne Children's Centre
Notes to the Financial Statements - continued for the Year Ended 31 January 2021
| 10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| £ | £ | ||||
| Trade debtors | 3,042 | 3,429 | |||
| Otherdebtors | 264 | - | |||
| Prepayments and accrued income | 2,619 | 1,414 | |||
| 5,925 | 4,843 | ||||
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | |||
| 2021 | 2020 | ||||
| £ | £ | ||||
| Trade creditors | 2,453 | 1,084 | |||
| Social security and othertaxes | 2,250 | 2,751 | |||
| Other creditors | 23,599 | 17,442 | |||
| Accruals and deferred income | 19,999 | 24,760 | |||
| 48,301 | 46,037 | ||||
| 12. | ANALYSIS OF NETASSETS BETWEEN FUNDS | ||||
| 2021 | 2020 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| £ | £ | £ | £ | ||
| Fixed assets | 49 508 | 93,550 | 143,058 | 159,261 | |
| Current assets | 87,937 | 413 | 88,350 | 74,551 | |
| Current liabilities | (48,301) | - | (48,301) | (46,037) | |
| 89,144 | 93,963 | 183,107 | 187,775 | ||
| 13. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1/2/20 | in funds | 31/1/21 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 83,830 | 5,314 | 89,144 | ||
| Restricted funds | |||||
| Capital fund | 103,945 | (10,395) | 93,550 | ||
| Restricted fund | - | 413 | 413 | ||
| 103,945 | (9,982) | 93,963 | |||
| TOTALFUNDS | 187,775 | (4,668) | 183,107 |
12. ANALYSIS OF NET ASSETS BETWEEN FUNDS
13. MOVEMENT IN FUNDS
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Cawthorne Children's Centre
Notes to the Financial Statements - continued for the Year Ended 31 January 2021
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 408,709 | (403,395) | 5,314 |
| Restricted funds | |||
| Capital fund | - | (10,395) | (10,395) |
| Restricted fund | 588 | (175) | 413 |
| 588 | (10,570) | (9,982) | |
| TOTAL FUNDS | 409,297 | (413,965) | (4,668) |
| Comparatives formovement in funds | |||
| Net | |||
| movement | At | ||
| At 1/2/19 | in funds | 31/1/20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 95,417 | (11,587) | 83,830 |
| Restricted funds | |||
| Capital fund | 114,340 | (10,395) | 103,945 |
| TOTAL FUNDS | 209,757 | (21,982) | 187,775 |
| Comparative net movement in funds, included in the | above are as follows: | ||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 438,663 | (450,250) | (11,587) |
| Restricted funds | |||
| Capital fund | - | (10,395) | (10,395) |
| TOTALFUNDS | 438,663 | (460,645) | (21,982) |
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Cawthorne Children's Centre
Notes to the Financial Statements - continued for the Year Ended 31 January 2021
13. MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/2/19 | in funds | 31/1/21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 95,417 | (6,273) | 89,144 |
| Restricted funds | |||
| Capital fund | 114,340 | (20,790) | 93,550 |
| Restricted fund | - | 413 | 413 |
| 114,340 | (20,377) | 93,963 | |
| TOTALFUNDS | 209,757 | (26,650) | 183,107 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 847,372 | (853,645) | (6,273) |
| Restricted funds | |||
| Capital fund | - | (20,790) | (20,790) |
| Restricted fund | 588 | (175) | 413 |
| 588 | (20,965) | (20,377) | |
| TOTALFUNDS | 847,960 | (874,610) | (26,650) |
14. RELATED PARTY DISCLOSURES
During the prior year, the company received electrical services from SR Hill Electrical Limited (a company owned by Mr Hill, the husband of Mrs Hill, the Financial Controller of the Charity) totalling £201.30. No such service costs were incurred during the current year. At the year end £nil (2020: £201.30) was owed to SR Hill Electrical Limited. The transactions were carried out on an arms length basis.
Page 14
Cawthorne Children's Centre
Detailed Statement of Financial Activities for the Year Ended 31 January 2021
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Donations | 4,099 | 52 | |
| Other trading activities | |||
| Fundraising events | 309 | 2,125 | |
| Photo commissions | - | 148 | |
| Other income | 18,262 | - | |
| Government grants | 97,377 | - | |
| 115,948 | 2,273 | ||
| Investment income | |||
| Deposit account interest | 37 | 122 | |
| Charitable activities | |||
| Provision of education and childcare | 152,164 | 299,851 | |
| Payments from governments or public | |||
| authorities in the normal course of trading | |||
| (net) | 137,049 | 136,365 | |
| 289,213 | 436,216 | ||
| Total incoming resources | 409,297 | 438,663 | |
| EXPENDITURE | |||
| Charitable activities | |||
| Wages | 333,329 | 351,985 | |
| Social security | 10,635 | 13,962 | |
| Pensions Rent |
3,863 700 |
4,318 700 |
|
| Rates and water | 1,422 | 3,604 | |
| Insurance | 1,819 | 1,905 | |
| Light and heat | 5,108 | 6,124 | |
| Telephone | 367 | 648 | |
| Advertising Sundries |
9 100 |
405 607 |
|
| Otherestablishment costs | 1,515 | 1,631 | |
| Other office costs | 5,405 | 7,218 | |
| Cleaning | 7,943 | 5,996 | |
| Training | 548 | 1,480 | |
| Resources | 12,336 | 28,989 | |
| Repairs and maintenance | 7,731 | 7,751 | |
| Bank charges | 736 | 1,102 | |
| Bad debts | 214 | 749 | |
| Depreciation of long leasehold | 15,482 | 15,483 | |
| Depreciation of plant | & machinery | 721 | 2,244 |
| 409,984 | 456,901 |
This page does not form part of the statutory financial statements
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:
Cawthorne Children's Centre
Detailed Statement of Financial Activities for the Year Ended 31 January 2021
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||||||
|---|---|---|---|---|
|2021|2020|
|£|£|
|Support|costs|
|Governance|costs|
|Accountancy|fees|1,403|1,597|
|Legal|fees|2,578|2,147|
|3,981|3,744|
|Total|resources|expended|413,965|460,645|
|Net expenditure|(4,668)|(21,982)|
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This page does not form part of the statutory financial statements
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