2021-05-31-accounts - Little Bears Day Care

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Summary	ofthe purposes of	ofthe purposes of	ofthe purposes of	Para 1.17	We aim to provide quality early years education to children	ages
the charity	as set out		in its		0to4years.
governing	document
Summary	ofthe main		activities	Para 1.17and	To provide nursery education for children who attend Little	Bears
in relation	to those	purposes		1.19	Day Care.
for the public benefit,			in		Our objectives are set to reflect our educational aims ofthe
particular,	the activities,				nursery. It is important to us that we maintain and improve	the
projects or services		identified			quality of provision that we provide.
in the accounts.					We welcome children from all backgrounds, children are assessed
					to ensure that we can provide the very best education to allow
					them to reach their full potential. We are an equal opportunity
					organisation and are committed to a working environment	that is
					free from any form ofdiscrimination on the grounds ofcolour,
					race, ethnicity, religion, sex, sexual orientation or disability.	We
					will make reasonable adjustments to meet the needs ofstaff or
					pupils who are or become disabled. Our setting is committed to
					safeguarding and promoting the welfare of all children and
					expects all staff and volunteers to share this commitment.
Statement	confirming		whether	Para 1.18	In running Little Bears Day Care, we keep in mind the Charity
the trustees have had			regard		Commissions Guidance on public benefit at our trustee meetings.
tothe guidance issued			by the
Charity Commission		on public
benefit

Policy on	grant making	grant making	Para 1.38
Policy on	social
investment		including	Para 1.38
program	related
investment
Contribution		made by		Volunteers	from	amongst the trustees				and staff and also parents
volunteers			Para 1.38	make voluntary		contributions		from	time to time, for example		by:
				~ helping to run		fundraising		events	such as coffee mornings		and
				fun days.
				~ donating	raffle	prizes	and	buying	raffle tickets;
				~ attending	fundraising		events;
				~ supporting	sponsored		events;
Other

Additional information	(optional)
You may choose to include further statements		where relevant	about:
Achievements against	Para 1.41
objectives set
Performance offundraising	Para 1.41
activities against objectives set
Investment performance	Para 1.41
against objectives
Other

Review ofthe charity's	Review ofthe charity's	Review ofthe charity's		Para 1.21	The	financial results for the period are attached.	financial results for the period are attached.	The trustees	The trustees
financial position at		the end of			did	not enjoy a good year with slightly less turnover from the
the period					year before. The Trustees consider the financial position ofthe
					company to be stable.
Statement	explaining	the		Para 1.22	Little Bears Day Care needs reserves in order to:
policy for holding reserves						~	Meet redundancy liabilities should we have to		close
stating why	they are	held				~	Ensure there are sufficient cash reserves	in the	current
							account to cover day to day running costs.
						~	Replace equipment due to wear and tear	and interior
							maintenance as and when needed.
						~	Unexpected costs such as cover for illness	or maternity
							cover.
						~	Cover running costs during periods of lower income
							(e.g. summer holidays when funding falls)
Amount of	reserves	held		Para 1.22	We	have calculated to cover 1month worth of running			costs we
					will	need to have f10,000 in the reserve account		and the
					current		account must not drop below this each month.
Reasons for holding		zero		Para 1.22	n/a
reserves
Details offund materially			in	Para 1.24	n/a
deficit
Explanation	ofany			Para 1.23	n/a
uncertainties about the
charity continuing		as a going
concern

The charity's	principal sources	Para 1.47
offunds (including any
fundraising)
Investment	policy and
objectives including any social		Para 1.46
investment	policy adopted
A description	ofthe principal	Para 1.46
risks facing the charity
Other

Type ofgoverning document:	Type ofgoverning document:	Type ofgoverning document:	Para 1.25	Constitution
for example, .
How isthe charity constituted'			Para 1.25	Trustees
Trustee selection methods			Para 1.25	Trustees are elected or re-elected at the Annual			General	Meeting
including details ofany				held in the Summer Term. Members can be co-opted at any time
constitutional provisions	e.g.			throughout	the year,	until the next AGM, on the	invitation		ofthe
election to post or name	ofany			current trustees.
person or body entitled to
appoint one or more trustees
dditional information	(optional)
ou may choose to include		further statements		where relevant about:
Policies and procedures				All trustees	have DBS	checks and register with ofsted by
adopted for the induction		and	Para 1.51	completing	an EY2 Form. Trustees are also asked		to sign a
training oftrustees				declaration	ofconfidentiality
				and trustee	code ofconduct.
The charity's organisational				We work with Brownlow Community Centre and			help them		raise
structure and any wider			Para 1.51	funds throughout the		year to help fund the building we rent.
network with which the
charity works
Relationship with any related				Little Bears	Day Care is a member ofthe Pre-School Learning
parties				Alliance,
			Para 1.51	which offers guidance		and support for pre school	settings.
Other

Charity name		Little Bears Day Care	Little Bears Day Care
Other name the charity uses
Registered charity	number	1124274
Charity's principal	address	Brownlow	Community	Centre, Claypit Street, Whitchurch,
		Shropshire	SY131LF

1	Amy Haley	Chairperson
2	Nicola Beddows	Treasurer
3	Bev Stokes	Secretary
4	Chloe Lambert
5	Jennifer Ledward
6	Amy Haresnape
7	Michelle Read
10

Type	ofadviser	Name Address
Name	ofchief	executive or names ofsenior staff members	(optional information)

Forthe year	e	nded 31May 2021
			2021
Turnover			5,557.32
Fund Raising			71,306.66
Funding (Council)			(7.42)
Late Payment Fee			18,021.84
Other Revenue			179,225.31
Sales			274,103.71
Total Turnover
Cost ofSales			377.14
Arts &Crafts
			110.86
Direct Expenses			1,079.81
Food &Drink
			507.46
Non Business Transactions
			88.05
School Run / Holiday Total Cost of Sales		Club	2,163.32
			271,940.39
Gross Profit
Administrative	Costs		349.00
Advertising &Marketing			864.00
Audit &Accountancy		fees	663.78
Bank Fees			1.58
Batteries
			2,323.64
Bins / Waste			10.98
Books
Charitable and Political Donations			(481.11)
			1,162.14
Cleaning			(500.00)
College Repayment			7,047.46
Employers National		Insurance	507.19
First Aid / Health	&Safety		686.22
Fund Raising Expenses			1,672.56
Fund Raising Purchases			266.19
Garden Items
			1,236.39
General Expenses			610.78
Insurance
			1,047.92
ITSoftware and	Consumables
			4,860.44
Legal Expenses			171.36
Motor Vehicle Expenses			20.00
Operating Lease	Payments		6,229.41
Pensions Costs
			308.75
Play Equipment			48.75
Postage, Freight	&Courier		350.05
Printing &Stationery

			2021
			12,193.98
Rent			984.48
Repairs 8&	Maintenance		230,035.74
Salaries
			1,252.20
Staff Training			2,469.71
Subscriptions			570.00
Telephone	8 Internet		227.33
Toys			364.84
Uniform			277,555.76
Total Administrative		Costs
			(5&615.37)
Operating	Profit
Profit on	Ordinary	Activities Before Taxation	(5,615.37)
			(5&615.37)
Profit after Taxation

0810412022, 09..55 Xero l Balance Sheel l Little Beaf5 Day Care Dashboard Little Bears Day Care - Balance Sheet Balance Sheet Little Bears Day Care As at 31 May 2021 31 May 2021 31 May 2020 Assets Bank Little Bears IBarclay'sl 52.667.02 55.986.11 Paypal 15,173.341 10.011 Pety Cash 17118 1455.771 1542.531 Petty Cash Account 110.831 110.831 Stripe 7.161.19 914.15 World Pay 10.031 10.031 Total Barhk $4,18824 56.346.86 Current Assets Accounts Receivable 13,905.401 479.59 Petty Cash Total Current Assets 142.401 14.001 13,947.80} 475.59 Fixed Assets Computer Equipm8nt 642.00 0.00 Furnilure For R00rn5 870.00 870.00 Leasehold Improvements 626.34 626.34 Total Fixed Assets 2,138.34 1,496.34 Total A55ets 52,378.78 58,318.79 Liabilities CurT&nt Llabilitie5 Accounts Payabl8 1452.111 1876.851 HMRC Wage Payments 20,431.02 20,817.67 PAYE Payable 16,700.281 16,700.281 Pensions Payable 1193.071 752.66 hllps'.IIgo.xero.comlR&porislRert.aSpX9repQrtId-3l4ceags-cdG41d7-b4eS-76628d267e20&r&)rt=a5tsItrm6nt=9Ca7824-6a38484e-8C38.. 112

0810412022, 09..55 Xero l Balance Sheet l Little Bears Day Care Rounding 2.74 3.66 Student Loan Deduclions Payab 119.70 119.70 Suspensè 115.391 115.391 Waoe Control 208.30 208.30 Wages Payable - Payroll Total Current Llabillties 1.387.42 803 50 14,788.33 15,112.97 Totsl Liabllitles 14,788.33 1S,112.97 Net Assets 37,590A5 43,205.82 Equity Current Year Earnings 15,615.371 13,751.89 Retsined Eamirigs 43,205.82 29.453.93 Total Equlty 37,590.45 43,205A2 hiipsjlgo.xero.wmlReportslReport.aSpx?reportld-314c8a954cdG41d7-b485-7662ed267e20&report-&stalementrgca7824t6a384s48-aCJa4a.. 212

					~ ~
Report.		othe trusteesi			LITTLE BEARS DAYCARE
On ace			unts for the year		31SYMAY 2021 Charity no 1124274
				ended	(ifany)
		Setout on pages
					(remember lo include the page numbers oi edditiunel	sheei.;I
					I report to the trustees on my examination ofthe accounts ofthe above
					charity ("the Trust" )for the year ended 31/05/2021.
Respon	sibilities and				As the charity's trustees, you are responsible for the preparation ofthe
basis of			report		accounts in accordance with the requirements ofthe Charities Act 2011 {"the Act").
					I report in respect of my examination of the Trust's accounts carried out
					under section 145ofthe 2011Act and in carrying out my examination,	I
					have followed all the applicable Directions given by the Charity Commission
					under section 145(5)(b)ofthe Act.
			Independent		[The charity's gross income exceeded f250,000and I am qualified to
exagginer's				spa)erne'	undertake the examination by being a qualified member of[insert name applicable listed body]]. Delete []ifnot applicable.	of
					I have completed my examination. I confirm that no material matters have
					come to my attention in connection with the examination (other than that
					disclosed beiow *)which gives me cause to believe that in, any material
					respect:
					~ the accounting records were not kept in accordance with section	130
					ofthe Charities Act; or
					~ the accounts did not accord with the accounting records; or
					~ the accounts did not comply with the applicable requirements
					concerning the form and content ofaccounts set out in the Charities
					(Accounts and Reports) Regulations 2008 other than any requirement
					that the accounts give a 'true and fair' view which is not a matter
					considered as part ofan independent examination.
					I have no concerns and have come across no other matters in connection
					with the examination to which attention should be drawn in this report		in
					order to enable a proper understanding ofthe accounts to be reached.
					*Please delete the words in the brackets ifthey do not apply.
				Signed:	Oate: 01.04.2022
				Name:	LIAM O' NEILL
Ree		vent professional			MAAT —ASSOCIATION OF ACCOUNTING TECHNICIANS (AAT)
qual	fi		cation(s) or body