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2023-03-31-accounts

Page
Legal and admInistrative information
Report ofthe trustees 2-3
Report ofthe auditors 4-7
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement 10
Accounting
policies		 11-14
Notes forming part ofthe financial statements 15-18
Detailed income &expenditure account 19
Page 19does notform port of the statutory accounts.
Management Management committee committee committee committee
N Roberts"
LA Ashley '*		 (appointed 1September 2022)
Li Larson*' (resigned 1September 2022)
VAmaruso"
5Garner"
LSimpson "		 (resigned 29 November
(resigned 1September		 2022)
2022)
C6lbney"
I Uoyd'* (appointed 6th March 2023)
SBushwell" (appointed 8th March 2023)
"-Management J.L.S.LSan)ines' (appointed
17th November
committee members are also,for the purpose of the Companies
Act		 2022)
2006,
company directors.
Company secretary: LA Gordon
Administration and
registered office: 81Crouch
Hill
London
NB9EG
Charity registration non 1102941
Company registration non 04690499
Auditors: Christopher
Michael Ltd
Chartered
Certified Accountants		 &Statutory Auditors
26Station Road
New Barnet
Herts
ENS 1QW
Bankers: Uoyds TSB
Santader
Funding authorities: LBIslington

Unrestricted/
~Note Restricted
Funds		 Designated
Funds		 Total
Total
2II22382021022
6 6 E E
Income:
Donations
and restricted
grants		 211,082 211,082 174,256
Income from Choriroble
ocdvlrles:
Nursery fees 312,855 312,855 279,174
Income from other chorlroble activities
Fundralsing
&other income		 1,248 1,248 5,618
investment
income
Total Income 525,185 525,185 459,048
Expenditure
Expenditure
on charitable
octlvirlesr
Direct Charitable
expenditure		 448,247 448,247 381,052
Management
and administration		 20,439 20,439 63,546
Total expenditure 468,686 468,686 444,598
Net Income/(expenditure) and net movements In
funds before gains and losses an Investments 56,499 56,499 14,450
Net gains/(losses)
on Investments
Total funds brought forward 19 363,875 363,875 349,425
Total funds carried forward 19 420.374 420,374 363,875
BOWLERS COMMLINITY NURSERY
Statement ofcash flows
AS AT31MANO( 2023
1022/23 2021I22
Total Prior year
Funds Funds
Cash flows from operating
activities:		 6 6
Nat cash provided
by (used In) operating		 activities 54,374 25,703
Cash flows from Invmdng
acthrltles
Dividends,
Interest and rents from Investments		 530 331
Purchase offixed asset investments
Purchase oftangible fixed assets (12,348) (11,523)
Net cash provided
by / (used in) Investing		 activities 42,556 14,521
Change in cash and cash equivalents
In the reporting
period		 42,556 14,521
Cash and cash equivalents
at the beginning ofthe repartlng		 period 396,930 382,409
Cash and cash equivalents
atthe end of		 the reporting
period		 439,486 396,930
geconcglation
ofnet movement
In funds		 to net cash flow from operating activities
Net movement
In funds far the reporting		 period (as per the SOFA) 56,499 14,450
Adjustments
for:
Depreciation
charges		 5,823 4,588
Dividends,
interest and rents from Investments		 (530) (331)
(increase)/decrease
In debtors		 (10,096) 101
Increase(decrease)
In creditors		 2,678 6,895
Net cash provided
by (used In) operating		 activities 54,374 25,703
Analysis ofcash and cash equivalents
Cash In hand 439,486 396,930
Tote I cash and cash equIvalents 439,486 396,930

2 Flnandal
performance		 Flnandal
performance		 ofthe ofthe charity 2012/23 1021/22
6 E
Income 525,185 459,048
Expenditure
on charitable		 activities 448,247 381,052
Expenditure
on management		 and administration 20,439 63,546
Depreciation
444,598
Net income 56,499 14,450
Total funds brought forward 363,875 349/25
Total funds carried forward 420,374 363,875
Represented
by:
Unrestricted
funds		 420,374 363,875
3 Income from Donations and Grants
Grants receivable - LBIsgngton 211,082 174,256
Donations
211,082 174,256
4 Income from charitable activities
Nursery fees 312,855 279,174
5 Income from other charitable activities
Fundraising 718 5,287
Interest receivable 530 331
1,248 5,618
6 investment
Income
7 Analysis ofexpenditure on charitable activities
Staff6agency costs 355,601 285,706
Oepreclatlon 5,823 4,588
Other running
costs		 86,823 90,758
448,247 381,052
8 Analysis ofgovernance and support cost
Staff costs 44,736
Audit and accountancy 20,090 18,515
Bank charges (50) (50)
Subscriptions 399 345
20,439 63,546
2022/23 2021/21
f f
9 Net income /(mpendlture) for the year
This Isstated alter charglngr
Depreciation
-owned assets		 5,823 4,588
Auditors
remuneration
for audit services		 5,100 3,900
Auditors
remuneration
for other services
10 Analyses
of staff costs, trustee
remuneration		 and expenses, and the cost of key
management
personnel
Wages and salaries 353357 282,245
Redundancy
Pensions 2,244 1,480
Agency &sessional staff 1,981
355,601 285,706
The average number ofstaff employed during the year
were as follows:
Direct charitable 15 14
15 14
The number ofemployees whose emoluments as defined for taxation purposes amounted
to over 660,000In the year were as follows:
11 Trustees' remuneration
The trustees
were not paid		 or received any other benefits from the Charity during the year In their capacity as trustees.
the
ear ended 31		 March 2 023
Property Fixtures B
Improvements FlttlIlgs Total
15 Tangible fixed assets E E 8
Cost
At1Aprg 2022 21,056 21,056
Additions 12@48 12,348
At31March 2023
Dapl'aclatlon
At 1Aprg 2022 12,564 12464
Charge in year 5,823 5,823
At31March 2023 18,387 18,387
Net book value
At31March 2023
At31March 2022 8,492 8492
2022/23 2021/22
E E
16 Debtors
Amounts
due within one yean
Prepsyments 2,822 1,921
Accrued income
Other debtors 13,521 4,326
16,343 6,247
17 Creditors
Amounts
faglng due within		 one yean
Trade creditors!1 accruals 12,600 15,661
Other creditors Bdeferred Income 37,872 32,133
50,472 47,794
18 Deferred Income
Deferred income comprise advance receipt ofnursery fees for 2022/23
Balance as at 1Aprg 2022
Amount released to Income earned from charitable activities
Amount deferred in the year
Balance as at31March 2023
forthe
rended S1		 M arch 2023
1011/22
19 Analysis ofcharitable funds
Unrssmctsd
fluids
R strlmad rsssnles
ggggkgg~gogm((BINge:.
Balance at 1Aprg 2022
Mavwnsn'I
In year
Inter-fund
transfem
Balance at31March 2023
Unrestdctad
Reserves
Balance at1Aprg 2022 193,875 179,425
Movement
In year
Inter- fund transfers		 56,499 14,450
Balance at31March 2023
Designated
fund
ff
BalanceatiAprg
Movement
In year		 2022 70,000 70,000
Inter-fund
tramfers
Balance at31March 2023 70,000 70,000
0
n
-In
t		 f
Balance at1Aprg 2022
Movement
in year
Inter-fund
transfers
Balance at31March 2023
n sd. f
Balance at1Aprg 2022
Movement
In year
Inter-fund
transfers
Balance at31March 2023 100,000 100,000
Tatal
20 Analysh between fund balances
Unlestllctsd
General Designated Total
6 6
Tangible fixed assets 15,017 15,017
Cash at bank and In hand
Investments		 284,503 154,933 439,436
Other
net current assets/(Ilabgltles)		 (34,129) (34,129)
Total 250374 170000 420,374
2022/23 2021/22
E
Income
Grants &nursery fee subsidy 211,082 174,256
Fund ralsings &donations 718 5,287
Nursery fees 312,855 279,174
Interest receivable 530 331
525,185 459944
Direct charitable expenditure:
Staffcosts 355,601 285,706
Rent, rates &services
Depreciation 5,823 4,588
Ught &heat 8,896 6,689
Cleaning 1430 2,142
Food &milk 24,165 22,566
insurance 2,327 1,932
printing,
postage &stationery		 1,053 1,930
Telephone 1,818 1,850
Toys, teaching materials &consumables 23,776 31,835
Repairs, maintenance &software support 11,271 3,684
Repairs &maintenance 3,805 3,943
Staff training
and welfare		 2,244 1,480
Staff recruitment 176 925
Travel &outing costs 30 5,182
Dance classes 428 162
Consultancy 2,765
Marketing
&Advertising		 550 998
Software 1,145 3,668
Legal &Professional Fees 282 1,474
Rental charges operating lease
Sundry expenses 562 298
448,247 381,052
Management
&administration		 costs:
Staffcosts 44,736
Other running
costs
Bank charges (50-) (50-)
Audit 5,100 3,900
Accountancy 14,990 14,615
Subscrlptlons 399 345
20,439 63,546
NET INCOMINGS/(OUTGOINGS) IN YEAR 54,499 14,459