OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-08-31-accounts

Woolpit Childcare Centre Ltd

Annual Report

Report and Financial Statements for the Year End 31st August 2021

Company Number 6255868 Charity Number 1121387

1

Contents

1. Chairperson’s Letter 3
2. Reference and Administration Information 4
3. Structure, Governance and Management 5
4. Objectives 7
5. Our Services 8
6. Our Staff 10
7. Fundraising and Donations 11
8. Achievements 12
9. Plans for the Future 13
10. Financial Review 14-16
11. Acknowledgements 17
12. Declaration 18
Financial Statements
Independent Examination 19
Statement of Financial Activities 20
Balance Sheet 21
Notes to the Financial Statements 22-25

2

1. Chairperson’s Letter

Dear Parents and Carers,

As we reach the end of 2021, we start to think back about our year. We thought the year of 2020, was a period of immeasurable change, but as we have seen through the months, 2021 has exceeded all barriers and shown us all extraordinary change.

I am immensely proud of the ARC team’s positivity, resilience, and compassion throughout 2021 – a year that brought many challenges. These unprecedented times have seen us rethink the way we work. Fortunately, our team were well-prepared to continue the work despite challenges.

2022 is going to be a year of change and challenges and of course, adapting to a new environment is not without its obstacles, but I wish to thank every member of our team for their constant dedication to the pre-school and support of each other.

Thank you for your continued support of the ARC.

Stay safe,

Filipa Goncalves, Chair __________

Cali O’Brien, Secretary __________

Catherine Brain, Treasurer __________

3

2. Reference and Administration Information

The Management Committee presents the report and financial statements for the year ended

31st August 2021

Having a chat with friends in the garden

Woolpit Childcare Centre Ltd (Woolpit ARC)

Charity Name: Woolpit Childcare Centre Ltd Charity Registration Number: 1121387 Company Registration Number: 6255868 Registered Office & Operational Address: Woolpit Childcare Centre Ltd Heath Road, Woolpit IP30 9RU

Directors

Chairperson Filipa Goncalves

Secretary

Treasurer

Director

Cali O’Brien Catherine Brain Rae Symons

4

3. Structure, Governance and Management

Governing Document

The Woolpit Childcare Centre Limited operates as a Charitable Company Ltd by Guarantee, incorporated on 22nd May 2007 and registered as a Charity on 26th October 2007. The company was established under a Memorandum and Articles of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Appointment of Management Committee and Membership

The Volunteer Directors of the company are also charity trustees for the purpose of charity law and under the company’s Articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected from existing users of the services to serve for a period of one year after which they must be re-elected at the next AGM, up to a maximum of six consecutive years. The Management Committee meet once a quarter to discuss business/building and staffing related matters.

5

Consideration of major risks and the system and procedures to manage them

Holding regular meetings enables the early identification of any major risk, be they financial, staffing, Ofsted related, Health and Safety, etc. Any additional support required is discussed - for example, if a significant fundraising event is required or if additional staffing resources are needed. No major risks have been identified for this period.

The setting is now required (since Sept 2012) to carry out all checks on any new manager appointed (as we currently do for all other staff). Ofsted will check at the next inspection that we have suitable thorough process in place for checking suitability.

Health & Safety risk assessments of all obvious and significant hazards are regularly reviewed, especially if circumstances or equipment change or if there is a reason to suspect a problem. The review is recorded and appropriate control measures put in place to reduce the risk. Staff are involved in the discussions. Health & Safety is also discussed at each staff meeting.

Ready for a spot of gardening at Woolpit Arc

6

4. Objectives

The Arc’s main objectives as set out in its Governing Document are to:

Enhance and provide for the development and education of children from Pre-School age to eleven years of age; encouraging parents to understand and provide for the needs of their children through community groups; including making facilities and services available to children in and out of school hours and during school holidays by:

Offering appropriate play, education and 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;

Encourage the study of the needs of such children and their families and promoting public interest in and recognition of such needs.

Having watched the caterpillars grow and change into butterflies, its time to release them

Summary of the principal activities in relation to these objectives:

The service recruits school age children from Woolpit Primary Academy and surrounding villages and meets the needs of the families in these villages. We attract pre-schoolers mainly from the same catchment area, though both Pre-School sessions and the Holiday Club are available to any parent or carer wishing to access it.

The Early Years Foundation Stage (EYFS) applies throughout the setting and covers statutory welfare requirements and educational support following the EYFS curriculum.

More information is available to Parents/Carers on request.

7

5. Our Services

5. Our Services
* Due to Covid-19 we have
had to adjust our closing
times to allow for extra deep
cleaning each evening.
New Closing Times
* After School Club 5.15pm
* Holiday Club 5.00pm

*The EYFS now allows us to adjust our provision - we can assess the numbers and ages of children we can care for exceeding the normal ratios in exceptional circumstances with no need to seek Ofsted approval first.

Breakfast Club

This club provides a welcoming and relaxed environment where children enjoy a healthy breakfast consisting of but not limited to cereals, toast, milk, fruit juice.

We provide a selection of activities such as arts & crafts, iPads, board games, card games, music And tabletop games. The enclosed outside area is also available to the Breakfast Club children.

Pre-School

Here we continue to provide a welcoming and stimulating environment, providing a variety of activities and opportunities for the children.

These include sensory sand and water play, construction toys, arts and crafts, writing area, home corner/role-play area, as well as opportunities for outside play including gardening.

We learn to plant and watch things grow

We provide a wide and varied curriculum based on Early Years Foundation Stage (EYFS), offering activities and opportunities to encourage confident and independent learning. The staff use information gained through observation and assessment to inform their planning to ensure that individual children’s needs are met. Individual progress records are regularly maintained and shared with parents using an online system called Tapestry. We ensure that children are involved in the planning of activities & future purchases of equipment/resources by means such as discussions with the children, and questionnaires.

We use the key-person system to enable us to work closely with families and help us meet individual children’s needs and further enhance the education and care we provide.

. . . continued overleaf

8

Lunch Club

Parents have the option of buying a hot, healthy lunch from the school kitchen, or sending in a packed lunch for their child. A variety of activities are available, such as arts and crafts, sand and water, role-play and a quiet area. The outside play area is also accessible.

After School Club

We provide a variety of activities, including arts and crafts, role play/drama, iPads, interactive whiteboard and games, homework area, chill out zone, tabletop games etc. We also use the outside play area. The After School Club also provides the children with a healthy snack.

Holiday Club

Activities offered are similar to that of the After School Club. In addition, we include special days where we provide, planned activities such as archery, dance, Lego Club, craft activities such as pebble painting and cooking.

Holiday Club Booking Form Leaflets are emailed to all local schools. We also produce a flyer for each of our Holiday Clubs which shows a detailed programme of activities for each day, to attract the children’s (and parents’) interest. The flyer is shared on social media sites, such as our own Facebook Page and we also advertise in our local village magazine.

Holiday Club dates are made available up to a year in advance to assist parents in planning their holiday childcare.

Partnership with Parents and Local Community

We have good partnerships with parents/carers. We recognise that parents/carers are their children’s primary educators and the importance in working with those closest to the children. We achieve this by ensuring that parents/carers have the opportunity to discuss their children’s progress with staff through regular meetings. Staff are also available at the start and end of each session. Parents/carers have access to their children’s learning journeys which document the child’s progress under the EYFS guidelines. We use Tapestry which is an online learning journal that enables us to give parents/carers instant access to our observations, photos and videos of their children in the setting. It also provides them with the opportunity to comment and share their insights into their child’s learning. This has also proven to be an excellent tool to improve communication. We actively support parents/carers to attend a session at the provision, if they wish, or to be involved in the organisation of the group by being a committee member or regular volunteer.

We have good links with the local school, with regular visits throughout the school year. Staff meet termly with the headteacher and work closely with teachers in Reception Class throughout the year.

We invite members of the local community such as the Dental Nurse, Fire Brigade, Police etc. to talk to the children. We strive to seek new links within our local community.

9

6. Our Staff

Jackie Grant - Centre Manager & SENCO Level 4

Jackie has worked for the ARC since it opened in 2007 and prior to that she ran

the ‘Woolpit After School Play Scheme (WASPS)’ and ‘Woolpit Playgroup’.

Jackie began her career in childcare as a committee member when her children attended Playgroup. As Manager, Jackie manages a lot of the administration for the ARC and ensures that the centre is compliant with OFSTED regulations. Jackie is also the assistant SENCO contact at the setting.

Sarah Andrews - Centre Manager Level 5

Sarah has also worked for the ARC since it opened and prior to that she also ran the ‘Woolpit Playgroup’. Sarah plans all the topics and themes for the Pre-School children and leads the team in providing fun and innovative learning opportunities for the children. She is especially good at developing children’s learning with ‘on the spot’ activities that follow individual children’s interests.

Marie Hassall - Play Assistant Level 3

Marie has also worked for us for many years and is a popular member of staff with the children. She has completed her level 3 training and having lived in Woolpit for a long time, she works closely with the community to strengthen relationships with the local area.

Hayley Clifton - Play Assistant Level 3 & Lead SENCO

Hayley joined the team in 2015 after initially coming to join us as a student. She has her level 3 and is about to begin studying for her level 4. She is our main key SENCO member of the team. She is extremely well respected by staff and loved by the children!

Emily Horner - Play Assistant

Emily joined us in August 2021. She found her 3yr old daughter’s development really interesting and this prompted her to begin a career in childcare. She has settled in quickly and is due to begin studying soon. She is having fun getting to know all our children. Welcome to the team Emily.

Elisha Mayhew - Play Assistant

Elisha also joined us in August 2021. She has many years of experience working with children. She has quickly got to know everyone and is due to begin studying for her level 3 very soon. She enjoys working with the children and has a special interest in those with additional needs. Welcome to the team Elisha.

Sara Hursey - Office Administrator

Sara is office and home based and works tirelessly keeping the office marketing, administration, attendance and finance running smoothly.

Davina Hunt - Cleaner Davina works hard to keep our setting clean. She has high standards and does a great job.

10

7. Fundraising and Donations

We have had a great year in terms of fundraising and donations and have been able to invest more money into renewals for the setting. Here are some of this year’s fundraising highlights!

Monies made through Fundraising/Donations this year approx. £ 5,500 including:

Halloween Trail £186 Christmas Gift Tags Donated and sold £36.00 Easter Trail £344 Company Donation from RC TREATT & CO £200

Poor’s bid £1,500 - spent on new equipment

Clothes Collections £29 Raffles: Total £447 Christmas Raffle £239, Mother Day Raffle £208 Tropic Party £60 Facebook Go Fund Me Page £29

Halloween Trail

Our Halloween Trail was a great success. Children searched the village for clues with their families leading to a Halloween prize at the end. It was lots of fun and a great way to put on a family event but keep within the social distancing rules in place at the time.

Easter Trail

Following on from the success of the Halloween Trail we held a similar event at Easter. The Easter Trail really took off and caused great excitement for all involved. We received some lovely comments after the event from parents telling us what a great event it was. We raised £344!

Poor’s Land Bid

Poor’s Land invited us to bid for funding again. We are so grateful to have this financial help again this year. With the difficult year the children have experienced due to lockdown, it was so lovely to invest in new and exciting toys for them. Thank you Poor’s Land Trust.

We have been able to buy some foam house bricks, a wipeable mat & cushions (great for easy cleaning to combat Covid-19.) Some new remote control cars. These are a massive hit! We have also put in an order for a new mud kitchen. We can’t wait to receive it.

THANK YOU again to The Poor’s Land, and all the parents/carers and families who continue to support us. THANK YOU EVERYONE!

11

8. Achievements

We installed a rope pulley in the garden for children to be able to raise and lower items.

Jackie has attended courses on Safer Recruitment and also Safeguarding

We have further increased our presence on Social media which has helped to raise our numbers

We have survived another year despite the ongoing challenges we face due to Covid-19.

12

9. Plans for the Future

To teach staff and children some basic Makaton signs

To strengthen and increase our fundraising efforts as and when Covid 19 permits.

Staff

We are committing to review the staff’s salary structure yearly, to be measured against length of service and qualification.

We continue to provide development and training opportunities for our staff.

We have committed to providing the living wages by 2022 as set out in the financial review below.

We are working further to raise the profile of the Management Committee to increase understanding of how we operate and gain more support from our families.

We have employed 3 new members of staff this year. Further details on p.15

13

10. Financial Review 2020/21

As the Woolpit Childcare Centre is a ‘not for profit’ provision, the staff and Directors set out at the AGM 2019 to utilise previous years’ surplus income going forwards (received pre 2019) to improve the setting: building; facilities; and activities, as follows:

In our fourteenth year 2020/21 overall, the ARC returned a loss of approx. £9.514.

This is obviously a concern, but unfortunately expected, since we were locked down for a large part of the year and with the pandemic a lot of changes to attendance on a regular basis.

Overall salaries saw an increase of £22,763, but we have also increased the Childcare fees of £31,793.

Overall, has increased since last year, from £90,199 to £121,679.

Strategies to overcome/minimise future losses:

Marketing

Fees are set at a competitive, but financially realistic rate, to attract parents and maintain financial viability. Discounts are offered to families with more than 1 child in each session (now excluding Holiday Club as we have substantially reduced our full day rate). The fees are reviewed annually. We have cash flow forecasts in place and income is monitored on a regular (monthly) basis against the budget.

Tax Free Childcare and Childcare Voucher Schemes are promoted in order to underline the affordability of childcare. We also offer the 30-hour free childcare scheme to our working parents (for those who are eligible).

We extend our clubs to children that have 30-hour or 15-hour free childcare and accept childcare vouchers.

Child numbers

The number of children attending the setting has increase:

Numbers of children attending each session will be monitored closely, together with

14

staffing levels, to ensure staffing is optimised to avoid unnecessary expenditure. There is a very high demand for SEND provisions this year and we are adapting the rotas according to the children’s needs.

Holiday Club continues to be generally well-supported and an important service to the local community, so we will continue to provide it 5 days a week, but on a reduced schedule from 8am to 5pm.

Staffing

This year we have employed three new staff members. Emily and Elisha have been welcomed to our Arc family as Play assistants and have settled in fantastically, showing their natural abilities with the children. They will be starting their training very soon. We have also employed Davina as our cleaner and she has been fantastic at keeping our setting clean. Welcome to the team ladies.

We had to review salaries this year and make some adjustments to the employee’s salaries as these weren’t in line with the Education sector.

Marketing / Promotion

The Arc is currently advertising on a monthly budget of approx. £30-40 on social media and google adverts. The goal is to promote the setting, raise awareness and visibility.

The new banner and new logo have now been mounted at the front of the building. We will be looking at creating flyers for the new housing in Woolpit and posters have been placed in key areas in the Village, such as the Co-op, Woolpit Nurseries and Petrol Station.

Fundraising

The Fundraising committee is committed to supporting the setting through various activities, but we are being guided by the COVID restrictions.

Some good news is that we are currently expecting the Woolpit Steam event to return next year, and this event usually helps us with any resources we need at the setting.

Next year the Arc will turn 15, and we are going to try and find ways of having a very large Fundraiser event to help celebrate the setting and its team.

Reserves Policy

The Management Committee has examined the Charity’s requirements for reserves considering the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be 3 months of expenditure. The reserves are needed to meet the working revenue requirements for the charity

15

and the Management committee are confident that at this level they would be able to continue the current activities of the charity in the event of a significant drop in funding.

Balance Sheet

Committed budgets together with the needed reserves £18,025+£12,283= £30,308

Details of Any funds in Deficit

There are no funds materially in deficit.

Audit

This is a small company therefore no audit is required.

Independent examination

Refer to page 19.

16

11. Acknowledgements

The Management Committee of Woolpit ARC is very grateful to all the individuals and organisations who have helped the ARC in a variety of ways during the fourteenth year of operation.

We would like to thank everyone for their financial help this year as well as support in any other way. At a time of worry during the pandemic one kind parent gave us extra cleaning supplies as well as many other resources to use with the children. People also give up their time to help the ARC in many ways We rely on our raffles, fundraising etc. to be able to keep providing an excellent service and facilities.

Woolpit ARC would like to extend thanks to the people who were responsible for giving out grants and those who helped with donations. Again, we thank the Poor’s Land Charity who kindly donated £1,500, Asda who donated £500 for us to enhance our setting.

17

12. Declaration

The trustees declare that they have approved the trustees’ report above at the Management Committee on 16[th] November 2021 and signed on behalf of the charity’s trustees by:

Signature(s) ___ Full name(s) Catherine Brain Position Treasurer Date 16[th] November 2021

18

In dent examine￿% r rtto the trustees ol Wool it Chldcare CentrE Limited I ryrt on the accaunts clthecunparry IDrthe ￿ar￿nded 31st August 2021. are set out c• pagès 20 to 25. n5ibilibes oltrustee5 and exarnv Th• trust•Q51tho ar• also the dro¢tC45 oftho cunwyfcf tho purpxos ￿ Djrrpany ar• reSpons￿e for the p￿ParatiC￿ ofthe accr0￿5 in aEwnlance with the rew112rr￿ts Companvas Act 20D6 2C￿ Act}. The 1rustees ctiiswjerthat nc4 required lorthts yèar urder Part 10 oftr 2c￿l Aet and th ￿ IThJ￿n￿rt eM¥Dfftatb￿ is neede Hawn9 saisfd nrysètr tha the <arity ts n(rt 5￿Je¢l ty athJrt urknjer ￿ffjpa￿y law aTrJ elvib￿ tsr fftdependent exAminats)n. rt t5 rny reSpO￿￿lity￿.' ' examr the aCc￿￿ts sectAJn 145 ofthe Art. ' to folcw the woc4dtsres LAKI in Ih@ trort￿S qNen tythe Ch¥ty CJLirrnattw5 comè ￿ my atten￿n. 15 d iThJe dent ewinees Ily e1arninatw￿ was ewied out in ¥Mth ihe gener￿ dYecuc•s by Ihe Charity Commssim. An examinn fftdude5 a re￿¥ ofthe ac¢wnffig record5 kept by ￿ charty and a of the a¢¢￿J0ts We5￿d wth tw records. It atso ndudes conyderatir of any urNJ5ual rtems or dt5¢bwre5 m Ihe acccwnts. seekiw explJnaDon5 from as trnsiws concornng any yxh mattors. FYocodure5 Undertak￿ do noi the eviderKe Ihatwould be rEqured In an audit and DJn5equenty nD QF4nJn 15 gNen as to whethEr the ￿?)unt5 pre5•rt a'trjo and far ¥￿ the rèwt 15 limttod to those matrws SQt tyjt Indè In conneaw my exaMina￿n. ro mater•1 rnaw5 have ¢orne w my rn cause that n. any rna￿nal r5PQCt AGt 20ce.' or . the aBraunts do nDt c>Jrnplywrth relevant accrutting requirernEnts under secthn 398 of the Coryanies Act 20￿ olherthan any rwu1r2rr￿1 that tr acr¥xnt5 g¥e a Inje and fa￿ whith vs nci a mattr Djnshlernd as part independeni txamination., or ' thE artsjunts have not been prEpa￿d in a(￿l￿ancE with the Charibes SORP IFRS 102) I have no D)ncwn5 and have ￿rne ac￿5 no other matters In conrctiLM %•ith the examination to which atten￿n be dra￿ in tNs re￿¢ n udèr to enable a urKl¥standwvJ ofthe Rithard 37 S￿￿brit Road Euoughkn HU15 1HW 151h N￿eMber 2021 p4e 19 19

r tho Y&Y E￿jÈd 31st 3110V2021 Totsl 31K•W￿0 Tutal Funt15 4.5L45 1.210 13.432 167 75.314 107.107 107.107 111915 11Z915 9Z173 Pl￿d￿￿￿1￿ ITth&t C05t C1￿¢d$ sethl and 121.879 121.079 7￿) go.1g9 122.420 122.429 91.430 .514 .514 743 40.822 31.&)8 31.3C 20

21

Wool it Childcare Centre Limited Notes lo the Financial Statements - continued for the Year Ended 31st Au ust 2021 1. Accounting policies Basis of preparation These accounts have been prepared under the historical cost convention with rtems recognised al cost or transaction Value unless otherwse stated in the relevant notelsl to these accounts. The accounts have been prepared in accordance with- the Statement of Recommended Pracbce.. Accounting and Reporting by Charities prepanng their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 issued on 16 JUW 2014 - and wrth the Charit￿5 Act 2011 Incoming resources All incoming resources are included on the Stalement of Financial Acb"vities when the charty is legalty entrtkd to the income and the amount can be qUanlrf￿d with reas{￿able accuracy. Resources expended Expendilure is accounted for on an accruals basis and has been classified under healings that aggregate all cost related to the category. Tangible fixed assets Depreuation is provided at the followng annual rates in order lo write off the cost less estimated resKlual value of each asset over its estsmated usefijl lrfe. Equipmenl. fixlures and fitb.ngs Freehold tyjilding -15% on reducing balance 30yTS Stra￿h1 line Stocks stocks are valued at the lower of cost and net realisable value, after maing due allowance for obsolete and slow moving items. Taxation The chanty is exempt from corporat￿)n tax ￿ rts activities. Fund accounting unresln.cted funds can be used in accordance wrth the charrties objectives at the discret of the trustees. Restricted funds C￿ onty be used for particuLir restncted purposes wrthin the objects of the chanty. RestrictIor￿ arise when specif￿￿ by the donor or when funds are ratsed for particular purposes. Page 22 22

hibJ¢are lthxes io the Fin￿¢181 SiJtement$ - Con￿￿ed for the Year Ended 31st A ust 2021 2. D(￿atIOnS. Legacieg and grants 3110812021 3110812020 2.200 S.C.C Grarrt CJRS 2.396 4.596 6132 13.432 tkJnatThs inc1￿￿e armunts receivgj frcffl the PtxY LaThJ funding of £1,5C(I d Wwlprt Nurse￿ £￿0. The fvndirYJ used for l.T e￿i￿N￿t and C￿rtdcu &jucatiC￿ apparatus, etc. Reference to Ihe has been m ' ts Ann￿￿ ReFKrt. Funding and Iknations 8ecti(￿. 3. chafiL￿be ad1v￿"e9 3110812021 3110812020 1.210 3.260 4. Investments 31108r2021 110W2020 167 5. Other tradiTrJ activi18 1108r20 iJo&r20 ChikJ¢atE fees {re¢eryed par￿} Chikjcare fees {re¢eived from Suffdk County Cwicl . Eaty Years FoundalKn St&)e Funding," T￿￿ Year Fw#Jing. C*d¥￿aged thildren" SEN", EYPP I 38.970 68.137 25.332 49.982 107.107 75.314 6. Fundraising Trathng: C￿t cl GC￿th Sold WKI Olher 1108120 IIOW20 131 7. Oirect Costg of Ctrr tradiw a¢tivitrs 31108r2021 31IO&Q020 w8￿. na￿￿ Ir￿￿¢£ and Fwj, nilk, deaning, etc Legal aNJ rKolessKN)a fees. (i)diKlYKJ payirAI ¢harge81 Tele￿Th and inkn￿t Water rdles tand Insurdn 1C(1.259 3.252 446 757 77.496 978 451 367 1.373 2.003 739 1.320 2.032 2.701 2.OJO 3,039 Creabve ond leamirrtJ I￿ Holthy club aCtr￿ty expenses ndry exrenses Repai￿ and Staff trainirwj Bank clwges Depre(aatic 620 947 2.527 781 2.624 100 8.145 121679 90.199 P4p23 23

Wool it Childcare Centre Limited Notes to the Financial Statements - continued for the Year Ended 31st Au ust 2021 8. Governance Costs 3110812021 3110812020 Managemenl charges Accountancy 400 700 750 750 9. Trustees. Remuneration and Beneffts There were no tTuslees' remuneral￿n or other benefits for the year eThJed 31st August 2021.12020 £nill. TTUStees' Expenses There werp rKJ trustees. expenses pamj for the year erthd 31st Augusl 2021,12020 £nil). 10. Staff Costs 3110812021 3110812020 Salaries and wages Social securtty costs Pensts)n costs Total staff costs 85,367 13,148 65,823 10,472 100259 The average numfRr of emph)yEes dunThJ the year was 712020 - n 11. Tangible Fixed Assets Leasehold Land & Freehold Building EquipmenL Fixtures Fittings Tolal Cost or valuation Al 1 SeptemL*r 2020 AdOrth)ns 182.481 36,898 219.379 At 31 August 2021 182.481 219 379 Depreciation Al 1 September 2020 Chafge for the year 79.042 23.156 2,061 102.198 8,145 At 31 August 2021 85.126 Net Book Value Al 31 August 2021 Al 31 August 2020 97.355 103.439 11,681 13,742 109,036 117.181 Page 24 24

Wool it Childcare Centre Limited Notes to the Financial Statements - continued for the Year Ended 31st Au usl 2021 12. Debt￿s. Amounts Falling Within One Year 3110812021 3110812020 Trade debt)rs otFEr debtors Pr￿l￿ts and accrued incune 1.tKJ6 470 875 3,297 874 1,880 13. Creditors: AMo￿ts Falling Due Ylithin one Year 3110812021 3110812020 Trade Credrt(Ys Taxats'on and socia seujnty Accruals and deferred incon 439 1.271 15,644 17.354 262 320 11,749 12,331 14. Credit(Ys: Falling Due After More Than One Ye 3110812021 3110W2020 Deferred iric0￿ . G(Nemmenl Grant b1￿j T￿SIer 113)Ih to re¥￿ue 112,976 (6,6461 112976 Grant furbying Sfds rewved from Suff(4k C(xJnty Ciwncil for wrpc6e of I￿snesS planning, ￿lId1￿j desi￿ 2nd c￿StruCt￿n aThJ inrf]"al sLIrt up costs. It is cl the direct¢ys cyinKn that the building wll have an esomated usefijl lrfe c4 atvroximalety 30 years. theref￿e deferred nc(¥ne wll ￿ credrted to the SOFA ¥1 instalments over the reMa￿Ing 16 years. P*y25 25