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2022-01-31-accounts

REGISTERED COMPANY NUMBER: 04577926 (England and Wales)

REGISTERED CHARITY NUMBER: 1098976

Trustees' Report and

Unaudited Financial Statements for the Year Ended 31 January 2022

for

Cawthorne Children's Centre

Harris & Co Limited Chartered Accountants Marland House 13 Huddersfield Road Barnsley South Yorkshire $70 2LW

Cawthorne Children's Centre

Contents of the Financial Statements for the Year Ended 31 January 2022

Page
Reference and Administrative Details 1
Trustees’ Report 2 td 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 2022

TRUSTEES

Mr T J Robinson Mrs C L Haslam Mr A Rose Mr J Moate Mr C E Prosser (appointed 16.5.22)

COMPANY SECRETARY

REGISTERED OFFICE

REGISTERED COMPANY NUMBER REGISTERED CHARITY NUMBER

Mr A Rose Taylor Hill Cawthome Barnsley South Yorkshire $75 4HB 04577926 (England and Wales)

1098976

INDEPENDENT EXAMINER

Harris & Co Limited Chartered Accountants Marland House 13 Huddersfield Road Barnsley South Yorkshire $70 2LW

Page 1

Cawthorne Children’s Centre

Trustees’ Report for the Year Ended 31 January 2022

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 2022. 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:

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

Cawthome Children's Centre had an excess of expenditure over income of £40,122 (2021 expenditure over income: £4,668) and had unrestricted funds carried forward as at 31 January 2022 of £59,735 (2021: £89,144) and restricted funds carried forward of £83,250 (2021: £93,963).

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 current global and UK economic crisis is without precedent, which follows the impact of the Coronavirus pandemic and more recently the war in Ukraine. The shocks to the economy including inflationary pressures, energy and food price increases and other costs increases has a very significant impact on the charity, particularly as a proportion of Cawthorne Children's Centre income is from EYFS funding from the Government which cannot be influenced. 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. Cawthome Children's Centre is also reviewing and enhancing its fundraising activities and applying for grants, where appropriate.

Cawthorne Children's Centre is popular as ever, with a waiting list and this demonstrates the strength of the business. However, base costs are increasing which cannot always be fully passed on through price increases as Cawthorne Children’s Centre needs to remain competitive in the market place. The Trustees and the Centre Management will continue to take measures to ensure Cawthorne Children's Centre's financial security, including the recent closure of the Baby Room, 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 2022

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 18 October 2022 and signed on its behalf by:

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Bo ee rn ce
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Page 3

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 2022.

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.

| have completed my examination. | examination giving me cause to believe:

| confirm that no matters have come to my attention in connection with the

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. 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

  4. 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.

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lan Bragger ACA

Association of Chartered Accountants Harris & Co Limited

Chartered Accountants Marland House

13 Huddersfield Road

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Barnsley
South Yorkshire
$70 2LW |
Date:|Pautcn [co] [[ror] acyon
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Page 4

Cawthorne Children's Centre

Statement of Financial Activities for the Year Ended 31 January 2022

2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOMEAND ENDOWMENTS FROM
Donations and legacies 960 - 960 4,099
Charitable activities
Provision ofeducation and childcare 437,255 302 437,557 289,213
Othertrading activities 2 5,937 - 5,937 115,948
Investment income 3 i - 7 37
Total 444,159 302 444 461 409,297
EXPENDITURE ON
Charitable activities
Provision ofeducation and childcare
NETINCOME/(EXPENDITURE)
4 473,568
(29,409)
11,015
(10,713)
484 583
(40,122)
413,965
(4,668)
RECONCILIATION OF FUNDS
Total funds broughtforward 89,144 93,963 183,107 187,775
TOTALFUNDSCARRIEDFORWARD 59,735 83,250 142,985 183,107

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 2022
2022 2021
Notes Pas £
FIXEDASSETS
Tangible assets 9 129,729 143,058
CURRENT ASSETS
Debtors 10 8,237 5,925
Cash at bank and in hand 61,643 82,425
69 880 88,350
CREDITORS
Amounis falling due within oneyear 11 (56,624) (48,301)
NETCURRENTASSETS 13,256 40,049
TOTAL ASSETS LESS CURRENT
LIABILITIES 142,985 183,107
NETASSETS 142,985 183,107
FUNDS 13
Unrestricted funds 59,735 89,144
Restricted funds 83,250 93,963
TOTALFUNDS 142,985 183,107

The notes form part of these financial statements

Page 6

continued...

Cawthorne Children's Centre

Statement of Financial Position - continued

31 January 2022

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006.

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 18% October 2022 and were signed on its behalf by:

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5
Mrs C L Haslam - Jrtistee J
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MrARose-Trustee
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The notes form part of these financial statements

Page 7

Cawthorne Children's Centre

Notes to the Financial Statements for the Year Ended 31 January 2022

ACCOUNTING POLICIES

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 as a 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 ail 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 - 25% 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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continued...

Cawthorne Children's Centre

Notes to the Financial Statements - continued for the Year Ended 31 January 2022

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 current global and UK economic crisis is without precedent, which follows the impact of the Coronavirus pandemic and more recently the war in Ukraine. The shocks to the economy including inflationary pressures, energy and food price increases and other costs increases has a very significant impact on the charity, particularly as a proportion of Cawthorne Children's Centre income is from EYFS funding from the Government which cannot be influenced. 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.

Cawthorne Children's Centre is popular as ever, with a waiting list and this demonstrates the strength of the business. However, base costs are increasing which cannot always be fully passed on through price increases as Cawthorne Children's Centre needs to remain competitive in the market place. The Trustees and the Centre Management will continue to take measures to ensure Cawthorne Children's Centre's financial security, including the recent closure of the Baby Room, 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 TRADINGTRADING ACTIVITIES
2022 2021
£ £
Fundraising events 1,089 309
Other income 4,000 18,262
Government grants 848 97,377
5,937 115,948

Other income consists of £4,000 received for compensation for transferring banking facilities. In 2021 other income consisted of £17,262 received for a loss of income claim made by the Centre under the insurance policy, and also included a £1,000 training grant..

INVESTMENT INCOME

Deposit account interest

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2022 2021
£ £
7 37
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continued...

Cawthorne Children's Centre

Notes to the Financial Statements - continued

for the Year Ended 31 January 2022

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |4,|CHARITABLE|ACTIVITIES|COSTS| |Direct|Support| |Costs|costs|Totals| |£|£|£| |Provision|of education|and|childcare|480|927|3,656|484|583| |In|2021|the|direct|costs was|£409,984|and|support|costs|was|£3,981.|

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  1. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

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|||||| |---|---|---|---|---| |2022|2021| |E|£| |Depreciation|- owned|assets|16,295|16,203| |Other|operating|leases|700|700| |Independent|examination|fees|1,633|1,403|

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  1. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 January 2022 nor for the year ended 31 January 2021

Trustees’ expenses

There were no trustees’ expenses paid for the year ended 31 January 2022 nor for the year ended 31 January 2021.

Ti STAFF COSTS

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|||||| |---|---|---|---|---| |2022|2021| |£|£| |Wages|and|salaries|331,927|333,329| |Social|security|costs|15,299|10,635| |Other|pension|costs|4,941|3,863| |402,167|347,827|

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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 £63,270 (2021: £58,999).

The average monthly number of employees during the year was as follows:

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|||| |---|---|---| |2022|2021| |Practitioners|21|20| |Catering|2|2| |Senior Managers|3|3| |Admin|2|2| |28|ZF|

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No employees received emoluments in excess of £60,000.

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continued...

Cawthorne Children's Centre

Notes to the Financial Statements - continued for the Year Ended 31 January 2022

8. COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£ £ £
INCOMEAND ENDOWMENTS FROM
Donationsand legacies 4,099 - 4,099
Charitable activities
Provision ofeducation and childcare 288,625 588 289,213
Othertrading activities 115,948 - 115,948
Investment income 37 - 37
Total 408,709 588 409,297
EXPENDITURE ON
Charitable activities
Provision ofeducation and childcare 403,395 10,570 413,965
NETINCOME/(EXPENDITURE) 5,314 (9,982) (4,668)
RECONCILIATION OF FUNDS
Total funds brought forward 83,830 103,945 187,775
TOTALFUNDSCARRIED FORWARD 89,144 93,963 183,107
9. TANGIBLE FIXEDASSETS
Long Plant and
leasehold machinery Totals
£ £ =
COST
At 1 February 2021 374,558 38,727 413,285
Additions 2,000 966 2,966
At 31 January 2022 376,558 39,693 416 251
DEPRECIATION
At 1 February 2021 235,244 34,983 270,227
Charge foryear 15,582 713 16,295
At 31 January 2022 250,826 35,696 286,522
NET BOOK VALUE
At 31 January 2022 125,732 3,997 129,729
At31January2021 139,314 3,744 143,058

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continued...

Cawthorne Children's Centre

Notes to the Financial Statements - continued

for the Year Ended 31 January 2022

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Trade debtors 6,819 3,042
Other debtors - 264
Prepayments and accrued income 1,418 2,619
8,237 5,925
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Trade creditors 3,074 2,453
Social security and othertaxes 4,126 2,250
Other creditors 22,341 23,599
Accruals and deferred income 27,083 19,999
56,624 48,301
12. ANALYSIS OF NETASSETS BETWEEN FUNDS
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Fixed assets 46,574 83,155 129,729 143,058
Current assets 69,785 95 69,880 88,350
Current liabilities (56,624) - (66,624) (48,301)
59,735 83,250 142,985 183,107
13. MOVEMENT IN FUNDS
Net
movement At
At 1/2/21 in funds 31/1/22
£ E £
Unrestricted funds
General fund 89,144 (29,409) 59,735
Restricted funds
Capital fund 93,550 (10,395) 83,155
Restricted fund 413 (318) 95
93,963 (10,713) 83,250
TOTALFUNDS 183,107 (40,122) 142,985

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continued...

Cawthorne Children's Centre

Notes to the Financial Statements - continued for the Year Ended 31 January 2022

13. MOVEMENT IN FUNDS- continued

Net movement in funds, included in the above are as follows:

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|444,159|(473,568)|(29,409)| |Restricted|funds| |Capital|fund|-|(10,395)|(10,395)| |Restricted|fund|302|(620)|(318)| |302|(11,015)|(10,713)| |TOTAL FUNDS|444,461|(484,583)|(40,122)| |Comparatives|for 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| |TOTAL|FUNDS|187,775|(4,668)|183,107| |Comparative|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)|

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continued...

Cawthorne Children's Centre

Notes to the Financial Statements - continued for the Year Ended 31 January 2022

13. |MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1/2/20 in funds 31/1/22
£ x £
Unrestricted funds
General fund 83,830 (24,095) 59,735
Restricted funds
Capital fund 103,945 (20,790) 83,155
Restricted fund - 95 95
103,945 (20,695) 83,250
TOTALFUNDS 187,775 (44,790) 142,985
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
E £ a
Unrestricted funds
General fund 852 868 (876,963) (24,095)
Restricted funds
Capital fund - (20,790) (20,790)
Restricted fund 890 (795) 95
890 (21,585) (20,695)
TOTALFUNDS 853,758 (898,548) (44,790)

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

  1. RELATED PARTY DISCLOSURES

During the year, the company paid for personalised gifts and printing services for a fundraising activity from Rubtech Ltd (a company owned by Mr Moate, a trustee of the charity) totalling £664 (2021: £nil). At the year end Enil (2021: Enil) was owed to Rubtech Ltd. 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 2022

2022 2021
£ £
INCOMEAND ENDOWMENTS
Donations and legacies
Donations 960 4,099
Othertrading activities
Fundraising events 1,089 309
Other income 4,000 18,262
Government grants 848 97,377
5,937 115,948
Investment income
Deposit account interest 7 37
Charitable activities
Provision ofeducation and childcare 306,235 152,164
Payments from governments or public
authorities in the normal course oftrading
(net) 131,322 137,049
437,557 289,213
Total incoming resources 444,461 409,297
EXPENDITURE
Charitable activities
Wages 381,927 333,329
Socialsecurity 15,299 10,635
Pensions 4,941 3,863
Rent 700 700
Ratesand water
Insurance
2,205
2,469
1,422
1,819
Lightand heat 6,131 5,108
Telephone 371 367
Advertising
Sundries
998
457
9
100
Otherestablishment costs 1,661 1,515
Otheroffice costs 5/57 5,405
Cleaning 9,188 7,943
Training 1,997 548
Resources 21,845 12,336
Repairs and maintenance 7,943 7,731
Bank charges 285 736
Bad debts 458 214
Depreciation oflong leasehold 15,582 15,483
Depreciation of plant & machinery 713 721
480,927 409,984

This page does not form part of the statutory financial statements

Page 15

Cawthorne Children’s Centre

Detailed Statement of Financial Activities for the Year Ended 31 January 2022

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||||||| |---|---|---|---|---|---| |2022|2021| |£|£| |Support|costs| |Governance|costs| |Accountancy fees|1,633|1,403| |Legal|fees|2,023|2,578| |3,656|3,981| |Total|resources|expended|484|583|413,965| |Net expenditure|(40,122)|(4,668)|

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This page does not form part of the statutory financial statements

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