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2022-08-31-accounts

Contents of the Financial Statements
ForThe Year Ended 31 Au ust 2022
Page
Report ofthe Trustees 1 to 4
Independent
Examiner's
Report
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement
Notes to the Financial Statements 10 to 16

Fo r The Year Ended 31 Au us t 2022
31.8.22 31.8.21
Unrestricted Total
funds funds
Notes 6 6
INCOME AND ENDOWMENTS FROM
Charitable
activities
Nursery
provision		 612,307 604,928
Investment
income		 140 53
Total 612,447 604,981
EXPENDITURE ON
Charitable
activities
Nursery
provision		 655,682 593,261
NET INCOME/(EXPENDITURE) (43,235) 11,720
RECONCILIATION OF FUNDS
Total funds brought forward 485,121 473,401
TOTAL FUNDS CARRIED FORWARD 441,886 485,121
Mar ar et Mcfilllllan
Limited
Re		 istered number: 06065754
Balance Sheet
3~33 3 2322
31.8.22 31.8.21
Unrestricted Total
Notes funds fundsf
FIXEDASSETS
Tangible assets 10 63,739 42,639
Investments 11 4,000 4,000
67,739 46,639
CURRENT ASSETS
Debtors 12 157 2,847
Cash at bank 420,667 441,389
420,824 444,236
CREDITORS
Amounts falling due within one year 13 (46,677) (5,754)
NET CURRENT ASSETS 374,147 438,482
TOTAL ASSETS LESSCURRENT LIABILITIES 441,886 485,121
NET ASSETS 441,886 485,121
FUNDS 15
Unrestricted
funds		 441,886 485,121
TOTAL FUNDS 441,886 485,121
Mar aret McMillan
Limited
Cash Flow Statement
For The Year Ended 31 Au ust 2022
31.8.22 31.8.21
Notes
Cash flows from operating activities
Cash generated
from		 operations 1 18,098 15,628
Net cash provided by operating activities 18,098 15,628
Cash flows from investing activities
Purchase oftangible fixed assets (38,960) (169)
Interest received 140 53
Net cash used
in		 investing activities (38,820) (116)
Change
in cash		 and cash equivalents in
the reporting
period		 (20,722) 15,512
Cash and cash equivalents at the
beginning
ofthe		 reporting period 441,389 425,877
Cash and cash equivalents at the end of
the reporting
period		 420,667 441,389

RECONCILIATION
ACTIVITIES		 OF NE T (EXPENDITURE) /INCOME
TO NET		 CASH FLOW FROM OPERATI NG
31.8.22
f		 31.8.21
f
Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities) (43,235) 11,720
Adjustments
for:
Depreciation
charges		 17,860 15,950
Interest received (140) (53)
Decrease/(increase) in debtors 2,690 (2,459)
Increase/(decrease) in creditors 40,923 (9,530)
Net cash provided by operations 18,098 15,628
ANALYSIS OF CHANGES IN NET FUNDS
At 1.9.21 Cash flow At 31.8.22
F F f
Net cash
Cash at bank 441,389 (20,722) 420,667
441,389 (20,722) 420,667
Total 441,389 (20,722) 420,667

Support costs , included in the above, are as follows:
31.8.22 31.8.21
Nursery Total
provision activities
Depreciation oftangible and heritage assets 17,860 15,950
Bank charges 797 1,168
Independent examiners fee 1,670 1,560
Accountancy fess 4,182 4,174
24,509 22,852

31.8.22 31.8.21
6
Independent examiners fee 1,670 1,560
Depreciation - owned assets 17,860 15,950
Other operating leases 4,788 4,788

Staff C osts
2022 2021
5
Gross staff salaries 470,819 458,985
Employers
national		 insurance 27,332 25,524
Pension contributions 8,584 8,887
Agency staff 9,253 5,248
516,088 498,644
The average monthly number ofemployees during the year was as follows:
2022 2021
Nursery staff 27 28
No employees received emoluments in excess of 660,000.

Unrestricted
funds
F
INCOME AND ENDOWMENTS FROM
Charitable
activities
Nursery
provision		 604,928
Investment
income		 53
Total 604,981
EXPENDITURE ON
Charitable
activities
Nursery
provision		 593,261
NET INCOME 11,720
RECONCILIATION OF FUNDS
Total funds brought forward 473,401
TOTAL FUNDS CARRIED FORWARD 485,121
TANGIBLE FIXEDASSETS
Improvements Fixtures
to and
property
f		 fittings Totals
F
COST
At 1 September 2021 108,647 50,945 159,592
Additions 38,960 38,960
At 31 August 2022 108,647 89,905 198,552
DEPRECIATION
At 1 September 2021 92,346 24,607 116,953
Charge for year 10,865 6,995 17,860
At 31 August 2022 103,211 31,602 134,813
NET BOOK VALUE
At 31 August 2022 5,436 58,303 63,739
At 31 August 2021 16,301 26,338 42,639
FIXEDASSET INVESTMENTS
Unlisted
investments
5
MARKET VALUE
At 1 September 2021 and 31 August 2022 4,000
NET BOOK VALUE
At 31 August 2022 4,000
At 31 August 2021 4,000

DEBTO RS:A M OUNTS F ALLIN G DUE WITHIN ONE YEA R
31.8.22 31.8.21
F f
Trade debtors 157 2,847
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.22 31.8.21
6 9
Trade creditors 10,045
Other creditors 1,672
Accruals and deferred income 5,460
Accrued expenses 29,500 5,754
46,677 5,754
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
31.8.22 31.8.21
6 f
Within one year 606 888
Between one and five years 606
606 1,494
MOVEMENT IN FUNDS
Net
movement At
At 1.9.21
5		 in funds
f		 31.8.22
6
Unrestricted funds
General fund 485,121 (43,235) 441,886
TOTAL FUNDS 485,121 (43,235) 441,886
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
F 5 F
Unrestricted funds
General fund 612,447 (655,682) (43,235)
TOTAL FUNDS 612,447 (655,682) (43,235)

Compar atives for move me nt
in fun		 ds
Net
movement At
At 1.9.20
6		 in funds
f		 31.8.21
f
Unrestricted funds
General fund 473,401 11,720 485,121
TOTAL FUNDS 473,401 11,720 485,121
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources
f		 expended
f		 in funds
f
Unrestricted funds
General fund 604,981 (593,261) 11,720
TOTAL FUNDS 604,981 (593,261) 11,720
A current year 12 months and prior year 12months combined position is as follows:
Net
movement At
At 1.920 in funds 31.8.22
F 5 f
Unrestricted funds
General fund 473,401 (31,515) 441,886
TOTAL FUNDS 473,401 (31,515) 441,886

as follows.



,
Incoming Resources Movement
resources expended in funds
f
Unrestricted funds
General fund 1,217,428 (1,248,943) (31,515)
TOTAL FUNDS 1,217,428 (1,248,943) (31,515)