2021-03-31-accounts

Page No
1-5	Trustees' Annual Report	(including	Directors' Report)
	Independent Examiner's	Report
	Statement ofFinancial Activities (including			Income and Expenditure	Account)
	Balance Sheet
	Statement ofCash Flows
10 - 16	Notes to the Financial Statements

Reference		and Administrative	and Administrative	and Administrative	and Administrative	Derails	Derails	Derails
Charily registration			number:					1116160
Company	registration			number:				05632588
Registered		and principal			o/Beet			143Highbury New	Park
								Highbury
								London N5 2LJ
Directors	and Trustees
The Board		of trustees		constitutes			directors of the company				for the	purpose of company		law	and trustees	for the
purpose of		charity law.			The trustees			serving during the	year and since			the year end were as		follows:
								Emily Pelter —Chairperson
								Danielle Houghton	-Treastuur
								Polly Buckle				(Resigned 11/11/2020)
								Jana Sicak				(Resigned 10/03/2021)
								Pauline Bohl Burkhalter
								Juan Pablo Rioseco	Romero
								Anthea Baddiley				(Resigned 11/11/2020)
								Anna Fiona Mcconnell				(Appointed	11/11/2020)
								Emma Francesca Clara Slawinski				(Appointed	13/01/2021)
								Kelly Marie Grant				(Appointed	26/05/2021)
The trustees are elected					at the	Annual General Meeting.				No	trustee	received any remuneration			for services	during
the year, nor did they			have any			beneficial interest in any			contract with			the charity.
Company	secretary:							Pauline Bohl Burkhalter				(Appointed	09/03/2021)
								Jane Sicak				(Resigned 10/03/2021)
Senior stagmembers:								Maria Garrido (Manager)
								Sarah Taylor (Deputy		Manager)
								Linda Baron
Independent		examiner:						Barcant Beardon Limited
								Chartered Accountants
								8Blackstock Mews
								London N4 2BT
Bankers								Lloyds Bank pic
								19Highgate Hill
								Archway
								London N19 5LS

		Notes	Unrestricted	Total	Total
			Funds	Funds	Funds
			2021	2021	2020
Income and endowmentsPom.
Donations and legacies			13,460	13,460	200
Charitable activities			414,514	414,514	500,502
Investments			419	419	462
Total income and endowments			428,393	428,393	501,164
Expenditure on:
Charitable activities			399,015	399,015	434,744
Total expenditure			399,015	399,015	434,744
Net incomel(expenditure)	and net
movement infunds for the	year		29,378	29,378	66,420
Reconciliation offunds
Total funds brought forward			453,125	453,125	386,705
Total funds carried forward			482,503	482,503	453,125

			Notes	2021	2020
Fned Assets			12	2,040
Current assets
Debtors			13	2,685	4,786
Cash at bank	and in hand			496,810	464,597
				499,495	469,383
Creditors: amounts		falling due within one year	14	(19,032)	(16,258)
Net current assets				480,463	453,125
Net assets				482,503	453,125
CharityFunds
Unrestricted	Funds
Designated		Funds	15	44,327	48,278
General Funds			15	438,176	404,847
				482,503	453,125

				Notes	2021	2020
					8
Cash Pot operating		activiti es
Net cash provided by operating activities				17.0	34,514	58,184
Cash flowPotn investing	activities
Interest income					419	462
Purchase oftangible fixed		assets			(2,720)
Net cash (used in)/provided		by investing	activities		(2,301)	462
Net increase in cash and	cash equivalents		in the year		32,213	58,646
Cash and cash equivalents		at the beginning ofthe year			464,597	405,951
Cash and cash equivalents		at the end ofthe year			496,810	464,597
Analysis ofcash and cash		equivalents
Cash in bank and in hand					496,810	464,597
Cash and cash equivalents		at the end ofthe year		17.1	496,810	464,597

2.0	Income from	Income from	Donations	and Legacies			Unrestricted	Unrestricted
							funds	funds
							2021	2020
	Gills						1,460	200
	London Borough ofIslington						12,000
							13,460	200
3.0	IncomePom		Charitable	Activities			Unrestricted	Unrestricted
							funds	funds
							2021	2020
	Nursery fees						251,692	369,550
	London Borough ofIslington						41,283	38,179
	Department	for Education					94,587	92,773
	Comnavirus Job Retention Scheme						26,952
							414,514	500,502
4.0	Income from		Investments				Unrestricted	Unrestricted
							funds	funds
							2021	2020
	Interest - bank						419	462
$.0	Analysis ofExpenditure			on Charitable	Activities
	Charitable	Activities 2021			Activities	Support	Governance	Total
					undertaken	costs	costs
					directly
	Childcare	and	education		347,771	47,524	3,720	399,015
5.1	Charitable	Activities 2020			Activities	Support	Governance	Total
					undertaken	costs	costs
					directly
					8
	Childcare	and	education		374,579	56,865	3,300	434,744

6.0	Ana/ysis ofSupport and Governance	Ana/ysis ofSupport and Governance	Ana/ysis ofSupport and Governance	Costs	Support	Governance	Total	Total
					costs	COStS	2021	2020
							8
	Premises				34,983		34,983	43,713
	Office running				10,221		10,221	10,954
	Finance				83		83	78
	Legal and professional				1,557		1,557	2,120
	Depreciation				680		680
	Accountancy					3,720	3,720	3,300
					47,524	3,720	. 51,244	60,165
7.0	Net fncomel(Expenditure)		for the Fear				2021	2020
	This is stated after charging:
	Accountancy						1,860	1,650
	Independent	examiner's	remuneration				1,860	1,650

StaffCosts		2021	2020
Wages and salaries		285,889	268,754
Social security costs		20,874	19,944
Defined contribution	pension costs	5,568	4,802
		312,331	293,500
Agency staff		13,438	28,725
		325,769	322,225

	2021	2020
	Number	Number
Child care and education staff	10.94	10.09
Administrator	1.0	1.0
	11.94	11.09

Fixed Assets		Fixtures, Fixtures	Fixtures, Fixtures
			and
			Equipment
Cost
At I April 2020
Additions			2,720
At 31March	2021		2,720
Depreciation:
At I April 2020
Charge for the year			680
At 31March	2021		680
Net BookValue:
At 31March	2021		2,040
At I April 2020
Debtors		2021	2020
Prepayments	and accrued income	2,685	4,786

Creditors: Amounts falling due within one year	2021	2020
Trade creditors	4,697	1,081
Other tax and social security	4,985	5,480
Other creditors	4,518	4,900
Accruals	4,832	4,797
	19,032	16,258

15.tt	Analysis ofCharitable	Funds
	Unrestricted Funds —Current		Year	Balance	Incoming	Outgoing	Transfers	Balance
				I April 2020	Resources	Resources		31March 2021
								6
	General funds			404,847	428,393	(395,064)		438,176
	Designated Funds
	Garden restoration/design			13,278		(1,534)		11,744
	External entrance	upgrade/External
	upgrade			15,000				15,000
	Renovation ofnursery rooms			20,000		(2,417)		17,583
				453,125	428,393	(399,015)		482,503
	Unrestricted Funds —Previous		Year	Balance	Incoming	Outgoing	Transfers	Balance
				I April 2019	Resources	Resources		31March 2020
						6	6
	General funds			336,705	501,164	(433,022)		404,847
	Designated Funds
	Garden restoradon/design			15,000		(1,722)		13,278
	External entrance	upgrade/External
	upgrade			15,000				15,000
	Renovation ofnursery rooms			20,000				20,000
				386,705	501,164	(434,744)		453,125

lb.0	Analysis ofNet Assets between Funds —Current	Analysis ofNet Assets between Funds —Current	Year
				Designated	General	Total
				Funds	Funds	2021
				8
	Tangible fixed assets				2,040	2,040
	Cash in bank and in hand			44,327	452,483	496,810
	Other net current assets/(liabilities)				(16,347)	(16,347)
				44,327	438,176	482,503
	Analysis ofNet Assets between Funds —Previous		Year
				Designated	General	Total
				Funds	Funds	2020
				g
	Cash in bank and in hand			48,278	416,319	464,597
	Other net current assets/(liabilities)				(11,472)	(11,472)
				48,278	404,847	453,125
170	Reconcilianon ofNet	Income to Net Cash Flow From		Operating Activities
					2021	2020
	Net income for the year				29,378	66,420
	Adjustments for:
	Interest income				(419)	(462)
	Depreciation				680
	(Increase)/decrease	in debtors			2,101	(2,098)
	Increase/(decrease)	in creditors			2,774	(5,676)
					34,514	58,184
17.1	Analysis ofChanges in lVet Debt
				At 1 April	Cash-flows	At 31March
				2020		2021
	Cash in bank and in hand			464,597	32,213	496,810
18.0	Related Party Transactions