2021-03-31-accounts - Acorns2oaks Limited

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Contents		Page
Legal and Administrative	details
Report ofthe Trustees		3to5
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Cash Flow Statement
Notes tothe Financial Statements		10to 16

Status				The organisation	is a charitable	is a charitable	company	guarantee,	guarantee,
				incorporated on 16'" September			2002 and registered	as a	charity	in
				August 2004.
Governing		document		The Company was which established		established under a memorandum ofassociation the objects and powers ofthe charitable company
				and is governed	under its articles ofassociation.
Company		Number		04536406
Charity	Number			1104861
Registered		Office		Peppermint Healthy Living Centre
				Franklin Way
				Croydon
				Surrey
				CRO 4YD
Directors/Trustees				Beverley Noble -	Chair
				Judith Osakwe
				Amanda Tucker
Chief	Executive			Lauraine Nicholson
Company		Secretary		Gaynor Murphy
Bankers				HSBC pic
				9Wellesley Road
				Croydon, Surrey	CR92AA
Independent			Examiners	Palmer McCarthy
				Suite 70, Capital	Business Centre
				22 Carlton Road,
				South Croydon, CR2 OBS

For the year ended	31 March 2021
			2021		2020
			F		E
Incoming resources
		Unrestricted	Restricted
		Funds	Funds	Total	Total
Charitable Activities	- Note 3	442,534		442,534	568,002
Other Trading Activities - Note 4		33,908		33,908	67,231
Investment Income - Note 6		134		134	575
Total Incoming resources		476,576		476,576	635,808
Expenditure on
Charitable Activities-	Note 7	578,736		578,736	632,944
Total Expenditure		578,738		578,738	632,944
Net movement in funds		(102,160)		(102,160)	2,864
Total funds brought	forward	314,415	1,372	315,7&7	312,923
Total funds carried	forward	212,255	1,372	213,627	315,787

		2021	2020
		E	F
FIXEDASSETS
intangible asset - note 9
Tangible assets - note 10
CURRENT ASSETS
Debtors and prepayments	- note 11	8,402	18,278
Cash at bank and in hand		342,983	381,860
		351,385	400,138
CURRENT LIABILITIES
Creditors and accruals - note 12		137,758	84,351
NET CURRENT ASSETS		213,627	315,787
Total assets less liabilities		213,627	315,787
Financed by:
Unrestricted funds - note 13		212,255	314,415
Restricted funds - note 13		1,372	1,372
Total funds		213,627	315,787

							2021	2020
							F
Net Cash Provided by/(Used		in) operating			activities	(note 17)	(39,011)	(31,839)
Cash Flows from investing	activities
Investment Income							134	575
Purchase of Fixed Assets
Cash Provided by (used in)		investing		activities			134	575
Increase (decrease) in cash and			cash equivalents			at
the end ofthe year							(38,877)	(31,264)
Cash and cash equivalents		at the beginning			ofthe year		381,860	413,124
Total cash and cash equivalents			at	the end ofthe year			342,983	381,860

Notes to the F	Notes to the F	inancial Statements	inancial Statements	inancial Statements
2. Net Movement		in Funds
Net Movement	in Funds is Stated after Charging
					2021	2020
					f
Operating lease		expense			1,815	1,815
Independent Examination				fees	2,400	2,502
Amortisation
Depreciation
3.Charitable Activities			Income
					2021	2020
					f	f
Family services	grant				30,000	30,000
Free education	funding				368,654	471,668
Childcare placements					21,482	66,334
Coronavirus job		retention scheme grants			22,398
					442,534	568,002
4.Other Trading		Activities		Income
					2021	2020
					f	f
Income From Hall Hire					9,625	30,876
Service Charges					24,283	35,604
Sundry Receipts						751
					33,908	67,231

5.Staff Costs and nu	mbers:
The Costs incurred in	respect		ofemployees			were:
										2021	2020
Salaries 8 Wages Social Security Costs										450,175 18,775	467,934 21,645
Defined Contribution	Pension		Costs							6,774	7,187
										475,724	496,766
No employee earned	overf60,000			during		the	year under
review.
The average number	ofstaff	employed			during		the	year	was:
										2021	2020
Office &Administration										3	3
Direct Charitable work										42	39
Key management personnel		remuneration				totalled		F138,245
(2020:F131,954)
6. Investment Income
										2021	2020
										E	F
Bank Interest Received										134	575
7. Expenditure on Charitable			Activities
									2021		2020
			StaffCosts				Others			Total	Total
										E
Childcare Placements				478,735						478,735	517,616
Establishment Costs								41,441		41,441	17,897
Catering								5,267		5,267	13,426
Educational Equipment								668		668	95
Governance Costs								2,670		2,670	2,772
Other								49,957		49,957	81,138
				478,735				100,003		578,738	632,944

11.Debtors	& Prepayments	& Prepayments
					2021	2020
Debtors arising		from Charitable	activities			15,605
Debtors arising		from other trading		activities	7,018	758
Prepayments					1,384	1,915
					8,402	18,278
12.Creditors	&Accruals
					2021	2020
Creditors arising from Charitable				activities	45,481	21,726
Taxes and Social Security					6,887	7,700
Accruals					85,390	54,925
					137,758	84,351

17. Reconciliation	of net mov	ements in fu	nds to net cash flow	from operating activitie	s
				2021	2020
Net Movement in Funds				(102,160)	2,864
Deduct Investment Income				(134)	(575)
Decrease (Increase)	in Debtors			9,876	(16,744)
Increase (Decrease)	in Creditors			53,406	(17,354)
Net Cash Provided	by/(Used	in) operating	activities	(39,012)	(31,839)

Income Receivable
Family services grant			30,000	30,000
Free Education Funding			368,654	471,668
Childcare Fees			21,482	66,334
Bank interest			134	575
Coronavirus job retention	scheme grants		22,398
Miscellaneous Income				177
Youth funding				520
Donations				54
Hall Hire Income			9,625	30,876
Service char es			24,283	35,604
Total Income receivable			476,576	635,808
Premises costs			41,441	17,897
Management Recharge CRP				18,429
Staff salaries			450,175	467,934
Employer's Nl			18,775	21,645
Pensions			6,774	7,187
Agency Staff				17,298
Staff training and information			2,536	2,851
Staff DBSChecks			475	701
Catering			5,267	13,426
Children social activities/educational			2,199	5,063
Cleaning and domestic supplies			25,040	33,801
Clinical waste			3,325	3,864
Expendable equipment			668	95
Insurance			3,159	2,987
Office supplies			1,276	1,643
Telephone, postage, fax Bank charges	and	internet	6,653 484	8,510 533
Books and publication
Sundry expenses			502	509
Subscriptions			504	111
OFSTED registration			270	270
IT Maintenance &Software			6,800	5,675
Independent Examination	Fees		2,400	2,502
Professional fees			13	13
Total admin &overhead		ex enses	578,736	632,944
Sur lus/ Deficit for the		ear	102,160	2,864