**IRELAND WOOD CHILDREN’S CENTRE Charity Registration No. 1107390 Company Registration No. 05144787**
## **TRUSTEES’ REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31ST MARCH 2020**
## **IRELAND WOOD CHILDREN’S CENTRE**
**Annual report and financial statements for the year ended to 31[st ] March 2021**
## **Contents**
## **Page:**
|1|Legal and administrative information|
|---|---|
|2|Trustees’ annual report|
|7|Statement of trustees’ responsibilities|
|8|Statement of fnancial activities|
||(incorporating statutory income & expenditure account)|
|9|Balance sheet|
|10|Notes to the fnancial statements|
## **IRELAND WOOD CHILDREN’S CENTRE**
## **Legal and administrative information**
The Trustees at 31[st] March 2021 were:-
Ian Blackburn Chair Diane Wood Robinson Jen Green Centre Manager: Faye Blackburn Registered Office: Ireland Wood Primary School Raynel Gardens Leeds LS16 6BW Charity Registration Number: 1107390 Company Registration Number: 05144787 Accountants: Paul Kelly & Co 117 Carrbottom Road Greengates Bradford BD10 0BD Bankers: Santander UK plc Bridle Road Bootle Merseyside L30 4GB
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## **IRELAND WOOD CHILDREN’S CENTRE**
## **Report of the trustees for the year ended 31[st ] March 2021**
The Trustees present their report and unaudited accounts for the year ended 31[st] March 2021.
## **Introduction and overview**
Ireland Wood Children’s Centre (IWCC) is a charitable company limited by guarantee which was established in June 2004. Its purpose as a Third Sector organisation is to provide childcare for children under school age, and a range of family services and early intervention work to members of the community. The reach area it covers as defined by the local authority (Leeds City Council) consists of Tinshill, Ireland Wood, Cookridge, Holt Park, Bramhope and Adel. The centre is located within Ireland Wood Primary School and has an excellent working relationship with the school. The head teacher Mr I Blackburn chairs the Centre’s management committee and sits on its advisory board.
Data monitoring of the centre’s development confirms that the centre continues year-on-year to increase the number of families accessing services which include groups, access to health services, debt and personal counselling as well as a range of other services relevant to young children and their families. The centre received an overall good grade in its Ofsted childcare inspection on 20[th] March 2018. The centre also received an overall good grade in its Ofsted Children’s Centre inspection in February 2014.
## **Structure, Governance and Management**
## _**Legal status**_
The legal status of Ireland Wood Children’s Centre is that of a Company Limited by Guarantee established in 2004.
## _**Governance**_
As a company limited by guarantee the company relies completely on parents of children attending the centre to be trustees and members of the management committee. The management committee consists of children’s centre parents and oversees the day-to-day centre business and its appointed management. The chair of this management committee has line management responsibility for the centre manager.
The Management Committee of Ireland Wood Children’s Centre meets three times a year. In the autumn, spring and summer terms. The group overviews the running of the centre, its financial affairs and has responsibility for submitting accounts and relevant reports to Companies House and the Charities Commission as well as performance managing the centre manager and deputy. This responsibility falls to the chair who acts on behalf of the management committee.
As the centre has now held children’s centre status since April 2006 it also has an advisory board as part of its governance structure, which consists of a number of professionals including a local councillor, a social worker, a health visitor, and nursery parents.
The advisory board also meet three times a year, but in the opposite half-terms to the management committee. The primary role of the advisory board is to challenge and support the centre’s senior management team with a focus on the
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wider remit of the centre in the local community. This includes identifying priorities, agreeing objectives and development plans and to ensuring the services on offer meet local needs and contribute to improving children’s outcomes (Department for Education Governance Guidance for Sure Start Children’s Centre and Extended Schools). They also contribute to the Self Evaluation Form Review (SEF). They have no responsibility for funding or uses of funding but are given information on how funding is spent / received and can make suggestions to the management committee.
## **IRELAND WOOD CHILDREN’S CENTRE**
**Report of the trustees (continued) for the year ended 31[st] March 2021**
## _**Trustees**_
Details of the Trustees who have served during the year are listed on page 1.
None of the trustees had any personal beneficial interests requiring disclosure.
The Trustees are trained in their duties by longer serving trustees / members of the management committee and CC management team, some of whom are school governors and have received training for that role.
## _**Risk management**_
The Trustees examine the major risks that the charity faces each financial year. The charity is satisfied that the systems are in place to mitigate its exposure to the major risks.
The major risk areas to which the charity is exposed as identified by the trustees are as follows:
- Child Welfare/Protection- The level of childcare is inspected by Ofsted, the SEF also reviews the childcare provided. IWCC follows Early Years Foundation Stage (EYS) guidelines.
- Data Protection - IWCC is registered with the Information Commissioners Office and has policies covering Record Keeping and Confidentiality, Planning Observation, Monitoring and Assessment, Data Protection Principles and Safety Guidance with Schools and Services.
- Health and Safety – IWCC has a comprehensive Health and Safety Policy
- Working In The Community – The Family Outreach Worker in the community follows local authority guidance and IWCC has policies and procedures in place to safeguard its outreach workers and the families they serve.
- Computer breakdown/loss of data – IWCC undertakes regular onsite system backups and has an external IT support provider.
- Cash on site – Cash/Valuables are kept in a locked safe onsite only accessible by the Centre Manager and Business Manager.
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IWCC has in place a comprehensive insurance policy covering all aspects of its activities and the risks involved. All policies and procedures are reviewed annually.
## **Objectives and Activities for Public Benefit**
## _**Objects**_
The objectives for which Ireland Wood Children’s Centre was established are set out in the Constitution and are _“to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups._
- _Offer appropriate play, education, care facilities and training courses, together with the right of parents to take responsibility for and to become involved in the activities of such groups. Ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability._
## **IRELAND WOOD CHILDREN’S CENTRE**
## **Report of the trustees (continued) for the year ended 31[st] March 2021**
- _Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs._
- _Offer adult learning courses to parents in families in targeted groups e.g. workless households and parents with low or no qualifications._
## _**Activities for public benefit**_
In summary the purpose of the centre is to “to provide care, education and support families primarily from the local community with equality of access, regardless of ability, gender, race or culture”. The centre provides this by using the children’s centre core offer criteria as guidance for this work.
The core purpose of children’s centres is:
- Child development and school readiness
- Parenting aspirations and parenting skills
- Child and family health and life chances
The Centre continues to provide all these services for the community in which it serves.
The above activities accomplish the charities ongoing aim to further its purposes for the public benefit. In undertaking these objectives and activities, the trustees have had regard to Charities Commission guidance on public benefit
## **Achievements and Performance**
Ireland Wood Children’s Centre continues to offer 86 full-time equivalent child care places each day for children under school age. Children attend for a variety of sessions throughout the week from 15 hours government funded places, for some 2 year olds (subject to qualifying criteria) and universally for 3 and 4 year
4
olds known as Free Early Education Entitlement (FEEE). The centre provides an additional 15 hours FEEE to 3&4 year olds to qualifying families. It also offers full time places of 10.5 hours per day mostly used by parents in work or in training.
Other achievements include:
- Receiving a good grade across EYFS outcomes in the Ofsted childcare inspection (March 2018), and children’s centre inspection (February 2014).
- Improving support for and promoting good mental health throughout the setting.
- Increase in childcare places through investment in new infrastructure.
- Continuing focus on the quality of provision for all centre and service users.
- Making improvements to the management structure within the centre.
For the review period April 2020 – March 2021 IWCC continues to self-assess the centre’s services through a document known as the Self-Evaluation Form (SEF). This document uses Early Years Foundation Stage criteria for assessment but incorporates a requirement for the centre to provide specific information and data and a greater number of SMART targets be set for the services provided by the centre for the following year. This review is discussed through an annual conversation with a designated representative from the local authority where the self-evaluation will be discussed and grades re-assessed where appropriate. This document is designed to reflect the level of services, data and reach area knowledge which will be expected under the Ofsted Children’s Centre inspection criteria. The centre achieved overall good in February 2014 for the range of services and other community work undertaken as outlined within the SEF. IWCC also completes a Childcare SEF on an ongoing basis which is used by Ofsted as part of their inspection process.
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**IRELAND WOOD CHILDREN’S CENTRE**
## **Report of the trustees (continued) for the year ended 31[st] March 2021**
## **Financial Review**
During the 2020-21 year the centre made a deficit. During the year it experienced increased costs including salaries, a reduction in funding, lower sales revenue and high repair costs.
All funds received by the centre take the form of Income from Childcare, Grants and Funding. Income from childcare is general income and is used primarily to cover operational and administration costs of providing childcare.
## **Reserves Policy**
The centres policy on reserves is to keep them at a level to cover three months expenditure necessary to keep the centre running. The main expenditure is wages and salaries which are covered within the policy as well as other operational costs. Where reserves are in excess of the policy the centre looks to improve the facilities and therefore, improve the quality of service provided.
At 31[st] March 2021 the free reserves of the charity amounted to £232,941 (2020: £207,056) which is equivalent to 4.9 months of total expenditure (2020: 3.6 months)
## **Investment Policy**
In accordance with the Trustee Act 2000, the trustees continue to review their investment policy to ensure that the maximum investment returns are achieved, while not compromising the operational requirements and having regard to the acceptable level of investment risk.
Aside from retaining a prudent amount in reserves each year most of the charity's funds are to be spent in the short term so there are no funds for long term investment. Having considered the options available, the Board of Trustees have agreed that the reserve fund should be kept in a high interest deposit account. As with most bank accounts interest rates have been disappointing this year and the trustees continue to look at other bank and investment products for competitive options and alternatives.
## **Commitments**
The Trustees had made no commitments to future capital purchases, nor given any guarantees, at the balance sheet date.
## **Post Balance Sheet Events**
The Trustees are not aware of any events after the balance sheet date which has any material effect of the position presented in these accounts.
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## **IRELAND WOOD CHILDREN’S CENTRE**
## **Report of the trustees (continued) for the year ended 31[st] March 2021**
## **Plans for Future Periods**
## **To maintain financial stability to ensure that childcare and services provided by Ireland Wood Children’s Centre can be maintained even during periods of financial uncertainty.**
IWCC continues to use its cloud-based Accounting and Payroll software. This has proved to be a more streamlined and efficient system providing up to date information on a more accessible platform. This information is used in regular monthly management team meetings which continue to be developed further to monitor progress across the Centre as a whole.
The Centre focused on the Administration and Management structure within the organisation and continues to do so. The outcome has been better structure as a whole and improved communication. Monthly meetings of the Administration, Management and Governance functions continue to improve the overall running of the Centre.
IWCC intend to limit future investment to items that are strictly necessary to maintain the high level of service offered. There are not currently plans to add new features but just to ensure current items are maintained.
## **Small Company Exemption**
The Charity has taken advantage of the exemptions available to small companies in preparing the Report of the Trustees.
## **Audit Exemption**
The decision not to undertake an audit is due the new charities statutory audit threshold introduced in March 2015 increasing the threshold to £1m. The total incoming resources to March 2021 were £561,852.
The Trustees also felt that with the uncertain economic climate and the question marks over Children’s Centre funding it would be prudent to reduce costs.
To maintain the level of Governance the audit provided the Charity will have their accounts looked at by independent advisors, ensuring that the level of assurance remains high. The duties of the current reporting accountant continue to be extended to undertake many of the financial safeguards provided by an audit.
The Trustees are using the Charities Commission guidance CC15c Charity reporting and accounting: the essentials March 2015 to assist them in developing this new process. Even though the charity is by SORP definition a Smaller
7
Charity, it still intends to produce its annual report and accounts following the applicable SORP for Larger Charities.
Approved by the Board of Trustees on 2[nd] December 2021 and signed on its behalf by:
## **Ian Blackburn Director & Chair**
## **IRELAND WOOD CHILDREN’S CENTRE**
## **Statement of trustees’ responsibilities**
The trustees (who are also directors of Ireland Wood Children’s Centre for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law require the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing those financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and estimates that are reasonable and prudent;
- Observe the methods and principles in the Charities SORP;
- State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
- there is no relevant audit information of which the charitable company’s auditor is unaware; and
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- The trustees have taken all the steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of the information.
## **Ian Blackburn Director & Chair**
**Date:** 2[nd] December 2021
## **IRELAND WOOD CHILDREN’S CENTRE**
**Statement of financial activities for the year ended 31[st] March 2021 (incorporating statutory income & expenditure account)**
||**NotesUnrestricted**|**NotesUnrestricted**|**Restricted**|**Restricted**|**2021**|_2020_|_2020_|
|---|---|---|---|---|---|---|---|
||**Funds**||**Funds**||**Total**|Total||
|||**£**||**£**|**£**||£|
|**INCOMING RESOURCES**||||||||
|**Incoming resources from generated funds**||||||||
|Voluntary income|2|**5,162**||**-**|**5,162**||_1,979_|
|Investment income||**403**||**-**|**403**||_1,183_|
|**Incoming resources from charitable activities**||
3||**556,288**|**-**||**556,288**|
||_588,668_|||||||
|||______|______||_______|_______||
|**Total Incoming Resources**||**561,852**||**-**|**561,852**||_591,830_|
|||______|______||_______
|_______||
|**Resources Expended**||||||||
|Costs of generating funds||-||-|-||_-_|
|Charitable activities|4|**586,935**||**-**|**586,935**||_695,689_|
|Governance costs|5|**8,960**||**-**|**8,960**||_10,080_|
|||______|______||_______|_______||
|**Total Resources Expended**||**595,895**||**-**|**595,895**||_705,769_|
|||______|______||_______|_______||
|**NET INCOMING**||||||||
|**RESOURCES FOR THE YEAR**||**(34,042)**||**-**|**(34,042)**||_(113,939)_|
|||______|______||_______|_______||
|**NET MOVEMENT IN FUNDS**||**(34,042)**||**-**|**(34,042)**||_(113,939)_|
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Balances brought forward at 1[st] April 2020
**488,626 488,626**
_602,565_ **BALANCES CARRIED FORWARD AT 31[st] MARCH 2020**
________ ______ _______ _______ **£454,584£ - £454,584** £488,626 **________** ______ ________ _______
The statement of financial activities includes all gains and losses recognised in the year and relates to continuing activities within the United Kingdom.
10
## **IRELAND WOOD CHILDREN’S CENTRE (company number 05144787)**
## **Balance sheet at 31[st] March 2021**
|**Note**
_2020_
**Fixed assets**
Tangible fxed assets
7
_281,570_
**Current assets**
Debtors
8
Cash at bank and in hand
_202,297_
_260,300_
**Liabilities: amounts falling due**
**within one year**
9
_(53,244)_
_______
**Net current assets**
_207,056_
_______
**Total assets less current liabilities**
_488,626_
**Liabilities: amounts falling due**10
**(43,333) -**
**after one year**
_______
_______
**Net assets**
_£488,626_
**Funds of the charity**
Unrestricted – general
_488,626_
Restricted
**Total funds**
_£488,626_|
_|**2021**
**£**
_£_
**264,976**
**42,726** _58,003_
**233,702**
_______
_______
**276,428**
**(43,487)**
_______
**232,941**
_______
**497,917**
_______
_______
**£454,584**
_______
_______
**454,584**
-
_-_
_______
________
**£454,584**|
|---|---|---|
For the financial year ended 31st March 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year ended 31st March 2021 in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts
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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
Approved by the board of trustees on 2[nd] December 2021 and signed on its behalf by:
## **Ian Blackburn**
## **Director & Chair**
The notes on pages 10 to 16 form part of these financial statements.
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**IRELAND WOOD CHILDREN’S CENTRE**
**Notes to the financial statements for the year ended 31[st] March 2021**
## **1 Accounting Policies**
## **Basis of Preparation**
The accounts are prepared under the historical cost convention and in accordance with applicable accounting standards and the Companies Act 2006. They have been drawn up to comply with the recommendations in Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) effective 1[st] January 2015.
The charity has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cash flow statement on the grounds that it is a small entity and a separate statutory income and expenditure is not reported on the grounds that the relevant information is clearly identifiable in the Statement of Financial Activities.
## **Going Concern Basis of Accounting**
As with many voluntary organisations the charity is dependent on renewing and securing new funding sources to replace current short term contracts and grants. Based on available information the trustees consider that the charity can continue in operation for the foreseeable future and accordingly the financial statements are prepared on a going concern basis.
## **Fund Accounting**
Monies earmarked by the awarding body are accounted for separately, in Restricted Funds. The notes to the accounts show the movements and balances on any such restricted funds. Unrestricted funds may be spent on any legitimate charitable aim as laid down in the Charity’s memorandum of association.
Unrestricted funds are held in the general reserve except to the extent that the trustees consider it appropriate to make transfers to designated funds.
The charity’s accounting systems allocate all income, expenditure, assets, liabilities and reserves between these funds. The statement of financial activities shows separately the income, expenditure and any transfers relating to restricted funds, designated funds and general reserves. Assets and liabilities attributed to each fund are disclosed in the notes to the financial statements
## **Tangible Fixed Assets**
Tangible fixed assets are stated at cost or valuation less depreciation, except buildings. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of the assets over their expected useful lives, as follows:-
|ul lives, as follows:-||
|---|---|
|Buildings|4% straight line basis|
|Ofice equipment|20% straight line basis|
|Fixtures & fttings|20% straight line basis|
A regular annual review of the likelihood of asset impairment is undertaken. The basis of this review is to examine the assets in their current use and ensure that the current value is not materially different from the value reported in the annual financial statements.
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## **IRELAND WOOD CHILDREN’S CENTRE**
## **Notes to the financial statements for the year ended 31[st] March 2021** _**(Continued)**_
## **1 Accounting Policies** _(Continued)_
## **Incoming Resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
- _**Voluntary income**_ is received by way of grants, donations and gifts (including gifts in kind). These amounts are included in full in the Statement of Financial Activities in the year in which they are receivable. The value of services provided by volunteers has not been included.
- _**Grants,**_ where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Where grants are received during the year in respect of future periods, the amount of the grant, which relates to the future periods is shown as deferred grants and is included within creditors. For grant income which is related to performance and specific deliverables, is accounted for as the charity earns the right to consideration by its performance.
Income arising from grants and similar contracts specifically for the provision of activities or services which are provided as part of the charitable activities of the company is recorded under the heading of incoming resources from charitable activities.
## **Resources Expended and Irrecoverable VAT**
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
## **Charitable Activities**
Costs of charitable activities represent costs attributable to the charitable objectives of the charity.
## **Governance Costs**
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice, such as accountancy fees.
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## **IRELAND WOOD CHILDREN’S CENTRE**
**Notes to the financial statements for the year ended 31[st] March 2021** _**(Continued)**_
|**2**
**Voluntary Income**
Donations, fund raising and other income
_1,979_
**3**
**Incoming Resources from Charitable Activities**
Childcare fees
_250,958_
Nursery and other grants:
Leeds City Council
Nursery Education Grants
_254,462_
Related additional grants
Outreach Funding Via Ireland Wood Primary school
Maternity cover, salary contributions and similar
_3,000_
Inclusion support
_44,089_
_£588,668_|**2021**
_2020_
**£**
_£_
**5,162**
_______
_______
**£5,162** _£1,979_
_______
_______
**2021**
_2020_
**£**
_£_
**148,647**
**241,551**
**4,511**
_8,268_
**28,376** _27,890_
**96,397**
**36,805**
_______
_______
**£556,288**|
|---|---|
15
## **IRELAND WOOD CHILDREN’S CENTRE**
**Notes to the financial statements for the year ended 31[st] March 2021** _**(Continued)**_
|**4**|**Charitable Activities**|||
|---|---|---|---|
|||**2021**||
||_2020_|||
|||**£**|_£_|
||**Direct costs and consumables**|||
||Room consumables|**3,945**|_7,181_|
||Kitchen costs|**10,581**|_18,325_|
||Purchases from funding|**33**|_362_|
||Other costs|**143**|_1,032_|
|||__________
__________||
|||**14,702**|_26,900_|
|||_________|________|
||**Employee costs**|||
||Staf costs_(see note 6)_|**470,209**||
||_463,978_|||
||Temporary staf and recruitment|**7,596**|_62,881_|
||Training, development and welfare|**6,152**|_6,298_|
||Travel and subsistence|**45**|_360_|
||Motor expenses|**107**|_77_|
||HR support|**4,961**|_6,476_|
|||__________
__________||
|||**489,070**||
||_540,071_|||
|||_________|_________|
||**Premises costs**|||
||Rent|**(5,050)**||
||_(7,162)_|||
||Rates|**-**|_4,145_|
||Repairs and maintenance|**5,164**|28,602|
||Light and heat|**9,202**|_8,725_|
||Cleaning, hygiene, disposal & refuse|**33,027**|30,246|
||Depreciation - building|**14,426**|_14,577_|
||Depreciation – fxtures and fttings|||
|**6,535** _13,498_||||
16
__________ __________
||**63,304**|_92,631_|
|---|---|---|
||_______|_______|
|**General administrative expenses**|||
|Telephone and internet|**3,127**|_4,120_|
|Postage|**465**|_737_|
|Ofice consumables|**2,307**|_2,824_|
|Subscriptions|**1,225**|_2,080_|
|Bank charges||**-**|
|-|||
|Insurance|**3,688**|_3,606_|
|Security and safety equipment|**2,367**|_860_|
|Computer and software|**4,417**|_7,563_|
|Depreciation – ofice equipment|**935**|_2,139_|
|Equipment repairs & maintenance|**455**|_159_|
|Bad debts|**-**|_10,273_|
|Legal fees, advertising and public relations||**299**|
|_781_|||
|Sundry expenses|**483**|_947_|
||__________|__________|
||**19,859**|_36,088_|
||__________|_________|
||**586,935**||
|_695,689_|||
||_________|_________|
## **IRELAND WOOD CHILDREN’S CENTRE**
**Notes to the financial statements for the year ended 31[st] March 2021** _**(Continued)**_
## **5 Governance Costs**
|**5**|**Governance Costs**||||
|---|---|---|---|---|
|||**2021**||_2020_|
|||**£**||_£_|
||Accountancy|**8,960**||_10,080_|
|||_______|_______||
|||**£8,960**|||
||_£10,080_||||
|||_______|_______||
|**6**|**Staf Costs**||||
|||**2021**|||
|||**£**||_£_|
||Wages & salaries|**440,699**|||
||_435,137_||Social||
|security costs||**22,715**||_21,482_|
||Employers pension contributions||||
|**6,796** _7,360_|||||
|||_______|_______||
17
**£470,209**
_£463,978_
_______ _______
The trustees received no remuneration. Trustees’ were not reimbursed for any travel or meeting expenses, etc. No employee earned £60,000 p.a. or more. Reimbursed expenses, which are all subject to the charity’s processes of internal controls, do not form part of remuneration and are not included above.
The average number of employees (including part-time, but excluding trustees) was:-
|ber
Administration and management
Kitchen
Childcare
**Staf costs and resources expended**
**Staf**
**Depreciation**
**and related**
**costs**
**£**
**£**
Costs of generating funds
**-**
**-**
Charitable activities
**470,209**
**21,896**
_695,689_
Governance costs
**-**
**-**
_______
_______
**£470,209**
**£21,896**
_£705,769_|**2021**
2020
**Number**
**4**
_4_
**2**
_2_
**24**
_24_
_______
_______
**30**
_30_
**_______**
**_______**
**Other**
**2021**
_2020_
**costs**
**Total**
_Total_
**£**
**£**
_£_
**-**
**-**
_-_
**94,829**
**586,934**
**8,960**
**8,960** _10,080_
_______
_______
_______
**£103,789 £595,894**|
|---|---|
## Number
## **IRELAND WOOD CHILDREN’S CENTRE**
**Notes to the financial statements for the year ended 31[st] March 2021** _**(Continued)**_
## **7 Tangible Fixed Assets**
|**ngible Fixed Assets**|||||
|---|---|---|---|---|
||**Children’s Centre Fixtures &Ofice**||||
||**Building**|**Fittings Equipment**||**Total**|
||**£**|**£**|**£**|**£**|
|**Cost**|||||
|As at 1stApril 2020|360,663|118,567|31,679510,909||
|Additions|-|4,954|348|5,302|
|Disposals
|-|-|-|-|
||_______|_______|_______|_______|
|As at 31stMarch 2021|360,663|123,521|32,027516,211||
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||_______|_______|_______|_______|_______|_______|_______|
|---|---|---|---|---|---|---|---|
|**Accumulated Depreciation**||||||||
|As at 1stApril 2020|90,279||109,258||29,802229,339|||
|Charge for the year|14,426||6,535||935||21,896|
|Eliminated on disposal||||-|-||-|
|-||||||||
||_______|_______||_______||_______||
|As at 31stMarch 2021|104,705||115,793||30,737251,235|||
||_______|_______||_______|||______|
|**Net Book Value**||||||||
|**At 31st March 2021**|**£255,958**||**£7,728**||**£1,290**|||
|**£264,976**||||||||
||_______|_______||_______||_______||
|_At 31st March 2020_|_£270,384_||_£9,309_||_£1,877_|||
|_£281,570_||||||||
||_______|_______||_______||_______||
|The Children’s Centre is erected on land owned by|||Leeds City||Council over|||
|ch the charity has no||||||||
|formal lease.||||||||
|**Debtors**||||||||
||||||**2021**||_2020_|
||||||**£**||_£_|
|Debtors due in the ordinary course of activities|||||||**13,895**|
|_25,524_||||||||
|Prepayments|||||**27,960**||_31,578_|
|Other debtors|||||**871**||_900_|
|||||_______||_______||
||||||**£42,726**|||
|_£58,003_||||_______||_______||
The Children’s Centre is erected on land owned by Leeds City Council over which the charity has no formal lease.
## **8 Debtors**
## **IRELAND WOOD CHILDREN’S CENTRE**
**Notes to the financial statements for the year ended 31[st] March 2021** _**(Continued)**_
## **9 Liabilities: Amounts Falling Due Within One Year**
**2021** _2020_ **£** _£_
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Bank Loans **6,667** - **-** _-_ Creditors due in the ordinary course of activities Accruals **27,337** _37,405_ Other taxes and social security costs **4,741** 9,998 Other creditors **4,741** _5,841_ _______ _______ **£43,487** _£53,244_ _______ _______
## **10 Liabilities: Amounts Falling Due After One Year**
**2021** _2020_
**£** _£ £53,244_ _______ _______
Bank Loans
**43,333** -
_______ _______
## **£43,333**
## **11 Taxation**
As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only.
Value Added Tax is not recoverable by the charity and is therefore included in the relevant costs within the Statement of Financial Activities and capital additions.
## **12 Capital**
Ireland Wood Children’s Centre is a charitable company, limited by guarantee and has no share capital. The members have agreed to contribute £1 each to the Charity’s assets in the event of it winding up, if its assets should prove insufficient to cover its liabilities.
## **13 Controlling Party**
The charity is considered to be under the control of the board of trustees.
20