|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|
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|||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|
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|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|
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|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|
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||||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|
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|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.|||
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||||||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|
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|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)|
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|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)|