**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
Registered Charity Number 1110218 Registered Company Number 05197009
## **Barkantine Community Nursery**
## **Financial Statements and Report 31 March 2022**
Page **1** of **18**
**Barkantine community Nursery Barkantine Community Nursery Financial StatemIncome Schedule nt and Report Year to 31For the Year to 31 March 2022[st] March 2022**
|**INDEX**|Page|
|---|---|
|Reference and Administrative Information|1|
|Report of the Trustees|2 - 6|
|Independent Accountants Report|7|
|Profit and Loss Account|8|
|Balance Sheet|9|
|Statement of Financial Activities|10|
|Income Schedule|11|
|Expenditure Schedule|12|
|Summary of Funds|13|
|Notes to the Accounts|14 - 18|
Page **2** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **Barkantine Community Nursery The report of the trustees – Year ended 31[st ] March 2022**
**REFERENCE AND ADMINISTRATIVE INFORMATION Directors and Trustees:** Frederick Quatromini (Chair) Sajida Malik Husnara Khanom **Charity Number:** 1110218 **Company Number:** 05197009 **Registered Office and Operational Address:** 105A Mellish Street, London E14 8PR **Manager:** Sajida Malik **Bankers:** HSBC Plc. **Reporting Accountant** N. Condron _BA, FCCA_ Chartered Certified Accountant 77 Capri Road Croydon London CR0 6LJ
Page **3** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **Barkantine Community Nursery The report of the trustees**
## **Legal Status**
The charity is an incorporated charity governed by memorandum and articles. There are no restrictions in the governing document on the operation of the charity or on its investment powers, other than those imposed by general charity law.
The members of the Board of Trustees of the Charity during the year ended 31 March 2022. were:-
Frederick Quatromini (appointed 03/07/2012) Sajida Malik (appointed 13/06/2018) Husnara Khanom (appointed 13/06/2018)
All the directors of the company are also trustees of the charity, and their responsibilities include all the responsibilities of directors under the Companies Acts and of trustees under the Charities Act.
At the Annual General Meeting retire, but are eligible for reappointment.
## **The members of the Board of Trustees of the Charity at the date the report and accounts were approved were:-**
Frederick Quatromini (appointed 03/07/2012) Sajida Malik (appointed 13/06/2018) Husnara Khanom (appointed 13/06/2018)
## **The organisational structure and how decisions are made**
Trustees meet regularly on a monthly basis to discuss and plan objectives and implementation thereof. Matters of general concern are raised with all members.
The board of trustees meets monthly as a full board. lt has established subgroups which discuss the activities ¤f the charity in terms of finance, premises and staffing. There is also a standing committee comprised of the honorary officers. The subgroups are serviced; by the, manager. The subgroups make recommendations to the board of trustees and monitor operational activities. Staff of the charity have delegated authority to carry out day to day work within policies agreed by the board. Financial standing orders give necessary authorisation of different amounts.
Achievement of objectives and review of activities.
The activities of the charity continue to expand
Page **4** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **Barkantine Community Nursery The report of the trustees**
## **Transactions and financial position**
The charities trustees are responsible for the preparation of the accounts.
The financial accounts are set out on pages 6 to 17 The financial statements have been prepared implementing the statement of Recommended Practice for Accounting and Reporting by Charities issued by the Charity Commission for England and Wales and in accordance with the Financial Reporting Standard for Smaller Entities. The trustees consider the financial performance by the charity during the year has been satisfactory.
## **Share Capital**
The company is limited by guarantee and therefore has no share capital.
Page **5** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **Barkantine Community Nursery The report of the trustees**
## **Statement of Directors’ and Trustees’ Responsibilities**
Charity Law and the Companies Acts require the Board to prepare financial statements for each financial year which give a true and fair view of the state affairs of the charity as at the end of the financial year and of the surplus or deficit. In preparing those financial statements the Board is required to: -
- select suitable accounting policies and then apply them consistently.
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
- State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
The trustees are also responsible for the maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity’s transactions and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board of trustees and signed on their behalf by:
## F.Quatromini
F.Quatromini (Dec 13, 2022 11:23 GMT) …………………………………………………. Frederick Quatromini Chair Date: 21 November 2022
Page **6** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **Independent Examiner’s Report on the Accounts**
Report to the trustees/members of Barkantine Community Nursery
On accounts for the year ended 31 March 2022
Set out on pages 6 to 16
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to;
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
- to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. lt also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair' view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention (other than that disclosed below);
- (1) which gives me reasonable cause to believe that in, any material respect, the requirements;
- to keep accounting records in accordance with section 130 of the Charities Act;
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed …………………………………………………..
N Condron BA FCCA Chartered Certified Accountant 77 Capri Road Croydon 21 November 2022 CR0 6LJ
Page **7** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **Barkantine Community Nursery**
## **Profit and Loss Account For the year ended 31[st] March 2022**
|**Turnover**
**Operating Costs**
**Surplus for the year**|**2022**
**£**
692281
658045
34236|**2021**
**£**
708573
597098
111475|
|---|---|---|
All activities derive from continuing operations
The notes on pages 12 to 16 form part of these accounts
Page **8** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **Barkantine Community Nursery Balance Sheet As at 31 March 2022**
|**Notes**
**Fixed Assets**
10
Inta_n_gible assets
Tangible assets
**Current assets**
Debtors
11
Cash at bank
**Creditors**
12
Amounts due within one year
**Net current assets**
**Total assets less current**
**liabilities**
**Creditors:**
13
Amounts due after more
than one year
**Net assets**
**Reserves**
Unrestricted revenue reserves
Restricted fund
**Accumulated funds**|**£**
2252
401599
403851
( 1500)|**2022**
**£**
16239
2742
18981
402351
402351
421332
421332
421332
_------
421332|**£**
3980
362021
366001
( 1500)
|**2021**
**£**
18939
3656
22595
364501
364501
387096
_
387096
387096
------
387096|
|---|---|---|---|---|
||||||
- a) For the year ending 31 March 2022 the company is entitled to the exemption under Section 477(2) of the Companies Act 2006 relating to the small companies regime.
- b) The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
- c) The directors acknowledge their responsibilities for:
- I. ensuring that the company keeps accounting records which comply with Section 386; and
- II. preparing accounts which gives a true and fair view of the state of affairs of the company as at the end of the financial year and of its profits or loss for the financial year, in accordance with the requirements of Section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company.
- d) The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
Approved by the board on 21 November 2022 And signed on their behalf by: F.Quatromini Frederick Quatromini .............................................................................. Director F.Quatromini (Dec 13, 2022 11:23 GMT)
Page **9** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **Barkantine Community Nursery Statement of Financial Activities For the year to 31 March 2022**
|**INCOME**
Grants - HMRC
Nursery Education Grants Parent
Fees
Bank Interest
Total Income
**EXPENDITURE**
Charitable Expenditure
Activities and Materials
Amortisation
Depreciation
**Management and administration**
**of the charity**
Employees
Premises
Insurance
Administration
Financial
TOTAL EXPENDITURE
Surplus
Balance Forward
Balance Forward
|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**2022**
**2022**
**2022**
**2021**
**£**
**£**
**£**
**£**
23830
23830
179628
127297
-
127297
255955
541122
541122
272834
32
32
156
692281
-
692281
708573
57382
57382
40614
2700
2700
2700
914
914
2374
60996
60996
45688
543629
-
543629
484452
26860
-
26860
37997
3453
-
3453
3125
20407
-
20407
23136
2700
-
2700
2700
597049
-
597049
551410
658045
-
658045
597098
34236
-
34236
111475
387096
-
387096
275621
421332
-
421332
387096|
|---|---|
## **All activities derive from continuing operations**
Page **10** of **18**
## **Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
|Grants HMRC
Nursery Education Grant
Fees for Nursery
Bank Interest|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**2022**
**2022**
**2022**
**2021**
**£**
**£**
**£**
**£**
23830
23830
179628
127297
-
127297
255955
541122
-
541122
272834
32
-
32
156
692281
-
692281
708573|
|---|---|
Page **11** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **Barkantine Community Nursery Expenditure Schedule For the year to 31 March 2022**
||**Unrestricted**|**Restricted**|**Total**||
|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**||
||**2022**|**2022**|**2022**|**2021**|
||**£**|**£**|**£**|**£**|
|**EXPENDITURE**|||||
|Childcare Staff|543629|-|543629|484452|
|AgencyStaff|----|-|----|----|
|SalaryCost|543628|-|543629|484452|
|Rent and Rates|6540|-|6540|24160|
|Heat and Light|10154|-|10154|7297|
|Cleaning|1637|-|1637|5037|
|Maintenance|8529|-|8529|1403|
|Premises Costs|26860|-|26860|37997|
|Insurance Costs|3453|-|3453|3125|
|Telephone & Internet|6940|-|6940|8412|
|Membership Fees|2152|-|2152|2360|
|Training|9369|-|9369|3674|
|Postage and Stationery|193|-|193|1105|
|Miscellaneous|824|-|824|14235|
|Office Machines|929|-|929|4100|
|Bank Charges|-----|-|-----|-----|
|Administration Cost|20407|-|20407|23126|
|Payroll / Book-keeping|1200|-|1200|1200|
|Accountancy Fees|1500|~~-~~
-|1500|1500|
||2700||2700|2700|
|Childcare Equipment|17499|-|17499|4617|
|Learning Resources|12485|-|12485|12432|
|Food|16642|-|16642|12074|
|Protective Clothing|2469|-|2469|2311|
|Activityand Materials|8287|-|8287|9180|
|Childcare Costs|57382|-|57382|40614|
|Total Expenditure|654431|-|654431|592014|
Page **12** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **Barkantine Community Nursery Statement of Financial Activities For the year to 31 March 2022**
## **Summary of Funds**
||**Designated**|**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Funds**|**Funds**|
||**2022**|**2022**|**2022**|**2022**|**2021**|
||**£**|**£**|**£**|**£**|**£**|
|Revenue funds|-|421332|-|421332|387096|
## **The notes on pages 12 to 16 form part of these accounts**
Page **13** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **Barkantine Community Nursery Notes to the Accounts For the year to 31 March 2022**
## **Recognition of Liabilities**
Liabilities are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary in accordance with the guidance given in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales.
## **Charitable Expenditure**
Charitable expenditure includes all expenditure directly related to the objects of the charity and comprises the following: -
## _Activities in furtherance of the charity’s objectives_
The costs of activities in furtherance of the charity’s objectives represents the cost of goods and services and ancillary trading costs that have been incurred in charitable activities.
## _Support costs of activities_
Support costs of activities for charitable purposes comprises the salary costs of the Manager and the Associate Manager as they are involved with project development and other project costs. There are a number if costs, including staffing costs, where it is impracticable to allocate these costs between administration and charitable expenditure and the trustees have allocated such costs to management and administration costs.
## _Management and administration of the charity_
Management and administration costs represent expenditure incurred in the management of the charity’s assets, organisational administration and compliance with charitable and statutory requirements.
## **Allocation of costs within types of resources expended**
The charity’s operating costs include staff costs, rent and other related costs. Such costs are allocated between types of resources expended and between charitable expenditure and management and administration on the basis of estimates made by the directors.
Administration expenditure include all expenditure not directly related to charitable activity in respect of certain items of expenditure it is a matter of judgement as to whether such items are direct charitable expenditure or are administrative. And the directors have applied what they consider to be reasonable judgement in apportioning such costs.
Page **14** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **Berkantine Community Nursery Notes to the Accounts For the year to 31 March 2022**
## **1. Fixed assets and depreciation**
Depreciation has been provided at the following rates in order to write the assets (less their expected residual value) over their estimated useful economic lives.
A regular annual review of the likelihood of asset impairment is undertaken.
Office Equipment 25% Furniture and Fittings 25%
## **Capital Grants**
The board of trustees consider that, in order to comply with the statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, grants of a capital nature given for specific purposes and fully utilised in the furtherance of the objects of the charity should be credited to the fixed asset funds after the sums have been properly expended on the restricted purpose. The related asset is shown in the balance sheet at the cost of acquisition or subsequent revaluation.
The related assets are subject to restrictions by the grant making organisation on their use and disposal, and these restrictions are noted in the fixed asset section of these accounts. The fixed asset fund so created is treated as a restricted fund.
Insofar as this policy relates to Government grants then this is a departure from the Statement of Standard accounting Practice Number 4 in order to comply with the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales.
## **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 company, and is therefore included in the relevant costs in the Statement of financial Activities.
## **Funds Structure Policy**
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.
Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the restrictions placed upon them.
There is no formal policy on the allocation of funds to designated funds.
Page **15** of **18**
## **Barkantine Community Nursery Barkantine Community Nursery Income Schedule Notes to the Accounts For the Year to 31 March 2022 For the year to 31 March 022**
There is formal policy of transfer between funds, other than that described under the Capital Grants policy above. Any proposed transfer between funds would be considered on the particular circumstances.
## **2. Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
## **3.**
|**Net Incoming Resources before Transfers**
**This is stated after crediting:-**
**Revenue Turnover from ordinary activities**
**and after charging:-**
Amortisation of lease
Depreciation
Reporting Accountant’s fees|**2022**
**£**
692281
2700
914
1500|**2021**
**£**
708573
2700
2374
1500|
|---|---|---|
There is no insurance paid for trustees, to indemnify them in case the charity make an error.
## **4. Statement that no expenses were paid to trustees or connected persons**
No expenses were paid to trustees or connected persons for the period.
## **5 Analysis of incoming resources and analysis of management and administration cost**
The details required by the statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, are shown in the Detailed Schedule to the Statement of Financial Activities on pages 9 and 10
## **6**
|**Staff Costs and Emoluments**|**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|Gross Salaries|538543|4790878|
|Pensions|5086|5374|
||543629|484452|
Numbers of full time employees were 37
There were no fees or other remuneration paid to the trustees There were no employees with Emoluments in excess of £60,000 per annum
Page **16** of **18**
**Barkantine Community Nursery Barkantine Community Nursery Notes to the Accounts Income Schedule For the Year to 31 March 2022 For the year to 31 March 2022**
## **7. Reporting Accountant’s Remuneration and accounting services**
|Reporting Accountant’s fees
Other accountancy fees|**2022**
**£**
1500
1200
2700|**2021**
**£**
1500
1200
2700|
|---|---|---|
## **8. Fixed Assets Intangible assets Lease**
**£ Cost** As at 1 April 2021 30000 As at 1 April 2022 30000 **Amortisation £** As at 1 April 2021 11061 Charge for the year 2700 13761 **Net Book Value £** As at 31 March 2021 18939 As at 31 March 2022 16239
## **9. Tangible : fixed assets**
|**Tangible : fixed assets**
**Cost**
As at 1 April 2021
Additions
**Depreciation**
As at 1 April 2021
Charge for the period
**Net Book Value**
As at 31 March 2021.
As at 31 March 2022|**Fixtures &**
**Office**
**Fittings**
**Equipment**
**Total**
**£**
**£**
**£**
38645
8106
46751
-
-
-
38645
8106
46751|
|---|---|
||35617
7478
43095
727
157
914|
||36374
7635
44009|
||3028
628
3656|
||2271
471
2742|
## **10. Trade Debtors**
Parents Fees
**2022 2021 £ £** 2252 3980
Page **17** of **18**
**Barkantine Community Nursery Income Schedule For the Year to 31 March 2022**
## **11. Creditors: amounts falling due within one year**
||**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|Accruals|1500|1500|
## **12. Share Capital**
The charity is incorporated under the Companies Act 1985 and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter.
Page **18** of **18**
## N.ConBarkantineCommunityNurserystatement.F inal.report2022
## Final Audit Report
2022-12-13
Created: 2022-12-09 By: NORMAN CONDRON (NCONDRONFCCA@AOL.COM) Status: Signed Transaction ID: CBJCHBCAABAAG5V9KYn4zl2MhZx2Pi_8AQ_qedMRPZzU
## "N.ConBarkantineCommunityNurserystatement.Final.report2022 " History
Document created by NORMAN CONDRON (NCONDRONFCCA@AOL.COM)
2022-12-09 - 11:00:34 AM GMT- IP address: 2.24.164.195
Document emailed to husnarakhanom@hotmail.co.uk for signature
2022-12-09 - 11:03:05 AM GMT
## Email viewed by husnarakhanom@hotmail.co.uk
2022-12-09 - 4:32:25 PM GMT- IP address: 172.224.227.26
Signer husnarakhanom@hotmail.co.uk entered name at signing as F.Quatromini
2022-12-13 - 11:23:54 AM GMT- IP address: 109.148.33.30
Document e-signed by F.Quatromini (husnarakhanom@hotmail.co.uk)
Signature Date: 2022-12-13 - 11:23:56 AM GMT - Time Source: server- IP address: 109.148.33.30
Agreement completed.
2022-12-13 - 11:23:56 AM GMT