Kingsland Kindergarten Limited A Charity and a Company Limited by Guarantee Trustees, Report and Financial Statements For the year ended 31" October 2022
Kingsland Kindergaten Limited Annual Report & Accounts 2021-2022 This 14 Annual Report of the Trustees ]ldeS the fjnancial statements for the year ended 31 October 2022. The report follows th¢ order set out in the Charities (Accounts and Reports) Regulations 2008. The review of achiev¢ments and perfornian¢e Section gives a rounded view of the Trust's achievements, together with activities involving beneficiaries and community partners. The statement of the Trustees, accounting and r¢porting responsibilities 18 included under the seciion of Structtty¢. Gov¢rnance and Managemenl. Index Pag¢ Trnstees Report Refer¢nc¢ and administrativ¢ inforniaÉion Structurej governance and mana8emeiit Objectives and activities Achieven]ents and perforni8n¢¢ Financial review Future Dire£tion and Plans of Organisation Independent Examiners, Report to the Members of Kingsland Kindergar¢en Limited Ststement of Flnallcial A¢tivities Balance Sbeet io-ii Notes to the Financial Ststements 12-16
Kingsland Kindergaten Limited Trustees Report for the year ended 31" October 2022 Th¢ Trustees who are also directors of the charity for the purposes of the Companies ACL pr¢s¢nt their annual Teport and the financial ateMents for the ended 31. October 2022. Reference and administrative information Trustees (also D1ctOrs) R¢v Dave Street Robert Dowle S Goddard Registeffd Charity Number 1128346 Company Registration Number 06747568 Regist¢red OtTice Charter Court 2 Well Hous¢ Barns Ch¢st¢r Road, Br¢tton Ch¢s¢¢r CH4 ODH Accountants Bradshaws Limited Chartered Accountsnts Charter Court 2 Well Hous¢ Barns Chester Road. Bretton Chester CH4 ODH Business Addresses Kingsland Kindergarten Limited Eaves Lan¢ Bucknall Stoke on Trent ST2 9AS Bank¢Ts: Barclays Hanley Branch 36 Town Rd. Hanley Stoke On Tr¢nt STI 2PJ
Kingsland Kindergarten Limited Trustees Report for the year ended 31 October 2022 (cont?d) Structure, Governance and Management Governing Doeument Th¢ governing document of the Charity which is a company limited by guarantee is the Memorandum and Articles of Association of the compally which was incorporated 121h November 2008. S¢a¢emeDt of tru51ee$' respollsibilities Th¢ trnstees (who are also directors of KingslarAd Kindergarten Limited for the purw)ses of company law) are responsibl¢ for preparing the Trustees, Annual Rq)ort And the financial statlents ill aceordanee with applicable law and United Kingdom Accounting Standards (Unii¢d Kingdom Generally A¢c¢pt¢d Accounting Practice). CoMp]Y law requires the tmstees to prepa finartcial stat¢ments for each financial y¢ar, which give a true and fair view of the state of affairs of the charitable oompany and of the incoming r¢sources and application of resources. including the incom¢ and expenditure, of the charitable ¢ompany for that period. In preparing these fmancial stafrments, the trust¢es are required . s¢le¢t suitsble accounting policies and then apply them consistently. observe the methods and principles in tbe Charities SORP 2019 (FRS 102)" make judgements and ¢slimates that are reasonable and prudent. prepare the fJnan¢ial ststement5 on the going concern basis unless it is inappropriate to pr¢sume that th¢ charitable company will Continue in operation. The trustees ar¢ responsible for keeping ad¢quate accounting records that disclose with reasonable accuracy at any tim¢ th¢ flljancial EX)Sition of the charitabl¢ ¢ompany and enable them to ensure that the funCIal atementS comply with th¢ Ccthpanies Act 2006. They are also r¢sp)nsible for safeguarding the assets of thc charitable company and hence for taking reasonabl¢ steps for the prevention and detection of fraud and other iTregulariti¢s. In so far as the I$1<cS are aware: there is no relevant audit inforniation of which th¢ charitable company's auditor is unaware. and the lrnstees have takeii all that they ought to have taken to make themselves aware of any relevant audit information and to establish ihat the auditor is aware of that infonnation. Reeruitment and Training of TTUStees The Charity's ¢l¢¢ted Trustges are appoinl¢d at the Amiual M¢¢ting of the Trust on the basis of nominations re¢¢ived from the Executive Committee to the Trnst's specification concerning eli8ibility, personal comitenCe. 5perialist skills and local availability. New Trust¢¢s ar¢ inducted into the workings of the Charity including Policy and oTaLiOnaI Procedures.
Kingsland KindergarteD Limited Trustees Report for the year ended 31" October 2022 (eont'd) Org8nis*tional Man4gement The appointed and elected Trustees of the Charity are legally r¢5poDsible for the ov¢rnll management and control of the Trust. The m¢mbeTS of the Board who m¢¢t on a msnin)um of three oa$ln3 amiualty carry out th¢ WO of implementing most of their policies. One additional meeting is held specifically lo approve the budgets and finalise the Financial Accounts and Trustees report for approval by the annual meeting of the Board of Trustees. The Bollrd works under the chaimianship of th¢ Chair of the Trust. The Board has adopted the Cod¢ of Governanc¢ published by the National Gov¢rnance Hub as a means of building governance capacity and 8kill8. The day to day running of th¢ TTUSt is delegated to the Chairnian and the Nursery Manager who report to the Board al th¢ir quarterly meetings. Risk Management A fornial review of the Charity's risk management process¢s is und¢rt2ken on an annual basis. The key controls us¢d by the Charity include: Fonnal agend&s for the Board of Trustees. Executive Committee and all sub- Committees" Detailed telms of r¢f¢rence for all Committees. CoJnpreh¢nsive strategic platming, budgeting and management accounting Established organisational structure and Itn¢s of rep)rting' Compr¢hensive poli¢ie5 to ensure that all insurance risks are Covered Fomal written policies. Clear authorisation and approval levels and Vetting pro¢¢dures are ¢arried out for adults to safegwd the reputation of the Trust and to minimise the risk of inappropriate persons being accepted &8 employees or voluntews. Sysl¢ms of internal control includ¢: An annual budget approved by the Trtte¢S Appropriate del¢gation of authority and segregation of duti¢s Identification and management of risks Through the risk management proc¢ss¢s establish¢d for the Trnst, the Truste¢s are satisfi¢d that the major risks identified have betn adequately mitl8ated where n¢Ssary. It is r¢cognised that systems can only provide reasonable but not absolute assurance that major risks have been ad¢quately safeguarded against material mismanagement or loss.
Kingsland Kindergarten Limited Trustees Report for the year ended 31$t October 2022 (cont'd) Objectives and Activities Charitable Objeets The airn of ihe Charity is a) To enhance the development and educatiotl of children primarily und¢r StatOry school age by encouraging parents to und¢rstand and provide for the needs of their children through a community group by: i) providing safe, high quality group play in which parents hav¢ the right to access, ensurin8 that this group offers opportunities for all children, re8ardless of race, culture. tEligion or disability. ii) en¢our8ging the study of needs of such children and their families and promoting public int¢resl in and recognition of such needs in local areas" iii) en¢oura8ing other charitable activities through which Frarents may help the children. b) To fvrtber the development and education of boys and young men and girls and young women through their leisure-lime activities so &% to help them achieve their physical. mental alld spiritual potential so that they may grow to full maturity as individuals and members of society aad that their conditions of lil¢ may be itrlproved. Aims and intended impa¢t We are an equal opportunity organi5ation and are committed to a WOTking environtnent that is free from any foNn of discrimination on the grounds of colour, race, ethnicity. religion, sex. sexual orientation or disability. We will make reasonable adjusknents lo me¢i th¢ n¢¢ds of staff or children in our care who are or become disabled. Public Benefit The public benefit that Kingsland Kindergarten is providing is quality childcare and education lo childreii Aged O to I l years in and around the Stoke on Trent aTea that 5ubsequenily enables parents and ¢arers to access work, education and leisure time activities. Subsidised and free childcare places are available to all users througb govemment funded and nationwide initiatives. Jn setting our objectives and planning our activities the TNstee5 have given careful o)nsid¢ration to the Charity Commission's guidance on public benefit. As a charity, the parents of our children have the assurance that &ll our income must be applied for the benefit of the children attending our settings. Prineipal activiti of the yvdr The Nursery Manager has continued her hard work, including encouragingj coaching and supportin8 statTtrainin8 and increasing parent.£ and carers, involvcment in their child learning.
Kingsland Kindergarten Limited Trustees Report for the year ended 319t October 2022 (cont'd) Achievements and performance The last 12 months have been challenging following th¢ Covid pandemic, the KiDdergarten has b¢¢n less busy with paid Child care places dropping significantly. The after School club is slowly starting to increase in numiKrs. The fuS this year was to continue to work on building up the number of children accessin¥ our provision in partieular fee-paying parents for the baby rooms. Despite our best efforts we have not been abl¢ to recruit enough new starters. We beIieve that this is due in main to the legacy of covid and Parents losing jobs and no long¢r requiring child caTe spaces. Due to the drop in numbers we continue to use the space within th¢ Lighthouse C¢ntrc. but the Academy is allowing us to have this without cost. We will continue to work with Kingsland A¢ademy and utilise their space. Staff s8laries are looked at annually and continue to b¢ in line with the national living wage, with additional payments made as appropriate. All staff wntinue to be ¢nrolled An the pll0n scheme. Ono¢ public spa¢¢s are llY open again and with r¢l¢vant risk assessments adhered to, children will conlinue lo hav¢ trips and outings. We will look forward to holding events supported by our parents and the children. with any mon¢y raised sp¢nt on more trips and outings for all the childrcn. The outdoor facilitie5 continue to be a great asset to the Nursery but it looking a bil tired at th¢ moment so we will be working on this in conjunction with the Academy. We value our staff m¢mber5 and continue to support them in improving their qualifications. by providin8 Staff study days, and valuing the work that they provid¢ for the children. We are a setting who prid¢s ourselves in supportin8 children with additional neeils and we atE highly Tecommend¢d by other professionals. We pmvlde our staff with right training to support the chIldn and ensuring that our workforce stays up to date with the changing world of Early Y¢ars. Financial Review The Kindergarten incom¢ bas fallen significantly and costs hav¢ also fallen significantly compaTed with the previous year. Income fell by 41.5Q/o and costs decreased by 45.OO/o, resulting in a deficit for the year of £16,994 compared with a defickt of £14,102 in 2022. Thes¢ r¢sults a aft¢r the depTeciation charge of £1,960 (2021.. £1,960). The Kindergarten now has r¢s¢rves to carry forward of £30,320. At the end of the year the balance she¢t is still showing a very healthy siluation in that the Kindergarten has net assets of £30,320 (2021.. £47,314). lthcoming resouwces During th¢ year the company rettived fee inwme from the parents and fee inwme from the council by way of funding, for the prowision of the nursery. The fe¢ income from the parents came in two fonns either payment directly froLn the parents or by way of childoaTe vouchers from th¢ parents employers. Th¢ fee income from the childcaff voucheTS is a effici¢nt way for the paT¢nts to receive th¢ir wages and pay for ¢hildcare as the voucheTS are deducted before tox and national insurdnce.
Kingsland Kindergarten Limited Trustpxs Report for the year ended 31" October 2022 (eont'd) Resource5 expended All Ttijstees give of their time freely and no remun¢Tation or expenses We paid in the year. No Trustees or person wnnected with a Tntstee re¢eiv¢d any benefit from use of our childcare facilities in the year on more favourable tern)s than available to th¢ genernl public. Reserves Policy The Tte¢S have established a policy whereby the unrestricted fuDds not committed or invested in tangible fixed assets, which are the free res¢rves of the charity, should be between threc and fiv¢ months of general (unrestricted) operating costs and the Trustees consider that this policy provides sufficient funds to cover wages, r¢dundancy, management, support and administration costs unforesccn exp¢nditure and to be able to continue the activiti¢s of th¢ charity in the event of a significant drop in fundin& or business intemiption. The fr¢¢ reserves at the 3 1st Odober 2022 a £63,665 (2021- £121,260) short of witliin th¢ above policy. however the Trustees will continue to wo towards this target. Investment Poliey The Investment EK)licy adopted by the Trustees is to maintain a high standard of the assets of the Trust and impl¢ment a programme of continual developmeJ)t to optimise their use in line with the Charity's objectives. Vuture Direction and Plans of Organisation Th¢ Trustees conslanily review the needs of the Children and the Nursery. We will continue to offer respite sessions for parents who are receiving additional support or help from Children Centre services or Health. We will work ¢losety with Children's services and safeguarding the children to ensure they receive appropria¢¢ care 8nd education. The Trusiees will continue to offer fre¢ lunch¢s to the neediest families to ensure that they havc a well-balanced diet. As a result in th¢ dr(v of fee paying childcwr places the 'l'rustees have agr¢¢d that to safeguard the future Provision the Kindcrgarten continues to remain open but for fvnded children only. The Trustees continue to b¢li¢v¢ that this is the only option if the nursery is to remain open. The futh of the Kindergarten will be discussed and monitored closely ti) ensure its sustainability. In addition to this th¢ Kindergarten will wnsider" More opportunilies ts) take the children on trips atkd outings so th&t children have the opportunity to oxplore the wider community and other areas. This is io enable the children to have real life experiellccs. To continue lo support staff with Tegard to th¢ government stating pensions lor all employees. To continue to offer MO opportunity for prof¢ssional developmcnt for the management and otlier Staff. To Continue to work to the ethos of a communication friendly setting. utilising the Stok¢ Speaks Out level 4 project. To d¢v¢lop the tracking of children's progress using an online system that is in line Kingsland Nursery and Academy, as this is where the majority of our children move on to. To keep the websit¢ r¢l¢vant and up to date To Continuc to ettgage parents via a rang¢ of stay and play sessions.
Kingsland Kindergarten Limited Trustees Report for the year ended 315¢ October 2022 (cont'd) To continue to revi¢w and update as eSSry all rel¢vant wlioies and procedures including safeguarding and SEN. To ensur¢ smiM)th transitions for our ¢hildreD as they move on to nurs¢ry or reception throu8h transition meetings and moderations. Th¢ Trustees acknowlcdge the rewards for Continuing to support staff to gain further qualifications and skill4 to enhan¢e the existing work force and provide high quality staff and work towards all staff having a 11 level 3 ¢hildcare qualification. Signifit%n¢ events sinee tbe year end. There have not been any significallt events since the year end. Reporting A¢cotants A Tesolution will be pmposed for the r¢-appointmcnt of Brndshaws Limited, Chartered Accountsnts and Re81Cred Auditors of Chester as the Independent Examiners. B¥dDkers The bankers to the Trustees remain Barclays. This rewirt has been prepared in aecordance with the special provisions for small companies under Part 15 of the Companies Act 2006. Declaralion I declare, in my capacity as charity trnst¢¢. tbat: _ the tTttStees Approved the rq)ort above on th¢ 13 July 2023 hav¢ authorised m¢ to sign it on tbeir behalf JL S Goddard Tr
Independent Examiner's Report to the Trustees of Kingsland Kindergarten Limited I rep)rt lo the charty trustees on my examination of the accounts of the company foT the year ended 31 (ktober 2022 which are set out on pag¢s 9 to 16. Responsibilities and basi8 of report As the charity trustees of the company (and also its directOTS for th¢ purposes of ci)mpany law) you are T¢sponsible for the preparntion of the accounts in a¢cordan¢e with the requirements of the Companies A¢t 2006 ('the 2006 Act.). Having gatisfied myself that the Count5 of the company are not required to be audited under Part 16 of the 2006 Act and are ¢ligible for independent examination. I report in respect of my examinaiion of your company's accounts as Caled out undcr section 145 of the Charities Act 2011 ('the 2011 A¢t'). In caTrying out my examination I have followed the Dirrftions given by the Charity Commission under section 145(5Xb) of the 2011 Act. Independent *M]ner'S statement I havc completed my examination. I confjrni that DO matters have cotne to my att¢ntson ID wt)nection with ihe C171n2t10n giving me cause to believe that in any malerial respe¢L' accounting records wer¢ not kept in respect of the company as required by section 386 of the 2006 Act. or 2. the accounts do not accord with those records; or the accounts do not comply with the accounting requir¢m¢ntq of section 396 of the 2006 Act other than any requirement that the account% give a 'true and fair vicw, which is not a matter considered as part of an independent examination" or 4. the accounts have not been prepared in accordance with the method5 and principles of the Statemellt of R0MMended Practice for accounting and reporting by charities [appli¢able to charities preparin8 their accounts in accordan¢¢ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and hav¢ come across no otl)er matlers in ¢onn¢ction with the wmination to which attention should be drawn in this report in ordcr to enable a woper underSding of the accounts to be reached. A Bradshaw Bradshaiv5 Limited Chartered Accowitants and Statutory Auditors Charter Court Well House Barns Brett0 Chester CH4 ODH 13° July 2023
Kingsland Kindergarten Limited STATEMENT OF FINANCIAL ACTIVITIES (including illcome expenditure a¢count) ror the yeAr ended 31. October 2022) ID¢ome 2022 2021 Restrieted Fund$ Notes Unrestrleted Funds R4strieted Funds Totsl UDre5tricted Funds TotAI Jn¢ome from Charitable activities Income from Jnvestments 202,161 202,161 345,686 345.686 45 45 37 37 Totsl In¢orne 202 206 202 345 723 Expenditure Expenditure on Charitable activiti¢s 219,200 219.200 393.503 393,503 Totsl Expenditure 219 200 219 200 393.503 393.503 Net Income / (Expenditure) (16,994) (16.994) (47.780) (47.78Q) Reconciliation of Funds Total Funds brought forward 47,314 47,314 95,094 95.094 Tolal funds carried fonyanl The not¢$ on pag¢s 12 t() 16 form an Inteal part of these fan¢18} statemcnts
Kingsland Kindergarten Limited BALANCE SHEET As at 31°, (ktober 2022 2022 2021 F4otes Fixed assets Taugible assets 2,652 4,613 Current Assets Debtors Cash at bank and in haJ)d 10 li 9.547 26,996 10,114 45,626 36.543 55,740 Llabilitie5 Creditors f811in8 due within one year 12 Net current assets 27,668 42.701 Totsl Agsets less current li&biliti&5 30,320 47,3J4 et assels The Funds of the Charity Unrestrided in¢ome fiinds 13 30,320 47.314 Totsl CknArity Funds The directors, staiements required by Section 475{2) and (3) are shown on the following page Mthich forms pari of this BaJAnce Sheet The notes on pages 12 to 16 forni an integral part of these fmancial statements -io-
Kingsland Kindergarten Limited BALANCE SHEET (cont'd) for ihe year ended 31Jt Oetober 2022 For the year ending 3 1° October 2022 the Company was entitled to exemption from audtt under s¢ction 477 of the Companies Act 2006 r¢lating to small compani¢s. Directors responsibilities: the members have not required the company to obtain an audit of its fitwicial statements for the year in question in accordaD¢¢ with wtion 476. the directors acknowl¢dge their r¢spon5ibilities for complying with the requir¢rnent of the A with respect to ac¢ouftting records and the preparation of financial statements. The financial staiements were approved by the board on 13 July 2023 and sign¢d on its behalf by Truslee Company Registrnlion Number: 06747568
Kingsland Kindergarten Limited NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 October 2022 Accountjng policies The principal accounting policies are summarised below. The acGounling policies have Ix¢n applled consisteiitly throughout the year and the preceding year. 1.1. Basis of preparatlon And assessment ofgoing ¢oncern The accounts (fu]aucial slatements) have been prepar¢d und¢r the historical c05t convention with iiems recognised At Cost or transaction value unless othenvise stated in the r¢levallt notes to these accounts. The fmancial statements have been preped in aOrdanCe with the Statsment of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordan¢e with the Financial Reporting Standard applicable in tb¢ UK and Republic of Ireland (FRS I02) issued on 16 July 2014 and the Financial R¢portin8 Standard applicable in the United Kingdom and Republic of Treland (FRS 102) and the Charilkes A¢¢ 2011. The trust constitutes a public benefit entity as defined by FRS 102. The Trnstse5 consider that there are no un¢ertainties about the Trust's ability to continu¢ as a going concern over the next twelve months. Fund ac£ountillg Funds beld by the Charity are: Unrestricted general funds- General fvnds are unrestiicted funds which are available for use at the discretion of the Trnstees in furtherance of the generdl objectives of the Charity and wh&ch have not been designated for other purposes. Grant fund - these are funds set 8side by the Trustees out of unrestricted general funds for specific futur¢ purposes or projects 1.3 Incoming resour¢¢s All incoming resources ar¢ included in the SOFA when the Charity is legally ¢ntitled to the income the amount Can be quantified with r¢asonable accuracy. 1.4 Grants p*yible reeeivable All grants are accounted foT gross when receivable. Grants payable gre recognised as expendittTre when the ¢ommitment is entered into. -12-
Kingsland Kindergarten Limited NOTES TO THE FINANCIAL STATEMENTS (cont'd) For the year ended 31°, Oclober 2022 1.5. Resources expended All expenditure is accounted for on an accruals b&sis and has been c1&8sified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular h¢adings they have been allocated to activities on a basis wnsistent with use of the resources. 1.6 Investments Inv¢stments held as fixed assets are revalu¢d at mid-market value at the balance sheet date and the gain or loss taken to the statemenl of financial activities. 1.7 Tangible flxed ¥ssets and depreciation Depre¢iation is provided at rates calculated to writ¢ off the costs less residual value of each asset over its expected useful lif¢ as follows'_ Fixtures, fittings and expendiiure 2/0 StTaigbt lin¢ Cashflow s¢a¢ement The Charity is exempt from the requirement to prepar¢ a casllfiow statement buse it is a small Charity. 2022 Unrestrlctsd Restrict41 Funds nds 2021 Unrestricted Restricted FvDd$ Funds Totsl 2022 Totsl 2021 3 Incoming ResOue8 from Charitable 2Ctivities Nursery Edu¢ation Grnnts F¢¢s at Nursery JRS Grdnt 109,202 92,959 109,202 92,959 169,981 143,087 32,618 169,981 143,087 32,618 4 Investment Income Bank IntetESt Re1Vable 45 45 37 37 -13-
Kingsland Kindergarten Limited NOTES TO THE FINANCIAL STATEMENTS (cont'd) For the year ended 31st October 2022 2022 Unrcstricted Re5tri¢ted Fund5 Funds 2021 Unrestricted Restrict¢d Funds Funds Cost of ¢haritable aetiTrltles Total 2022 Total 2021 Costs directly allocated to tiviti¢s'.- Play supplies Food Wages Stsff Training R¢nt 1,502 6,906 184,906 700 1,502 6.906 184,906 700 1,922 19,056 258,048 415 23,333 320 836 1.922 19,056 258,048 415 23,333 320 836 729 729 1.113 282 Insurance Printin& postage and siation¢ry Advertising Care Taking Administrative Support Bank charges General Charges Recruitment Repairs Phone Depreciation Legal and professional Unifornj Accountancy charges Subs¢riplioDs Subcontractors King51and Academy Reoharge 282 2,109 2,109 15,216 5,833 118 731 431 4.177 799 1.960 11,250 30 4,208 2,648 40,348 1,824 15,216 5,833 118 731 431 4,177 799 1.960 11,250 30 4,208 2,648 40.348 1.824 995 772 995 772 1,878 759 1,960 1,878 759 1.960 3,268 3,212 3,322 4,787 3,268 3,212 3.322 4.787 2022 2021 UrtrACd R&stricted Fd$ Funds Unrestricted Restricted Fullds nd5 Totsl 2022 Total 2021 Staff numbers and costs Wages Employer's NIC P¢nsioD contrlbutions 173,820 8,688 2J99 173,820 8,688 2,399 266293 9.424 3,628 266,293 9,424 3,628 Theff was an average of 14 (2021: 20) m¢mbeTS of staff in the year. The key management personnel of the ¢harily Comprise of the Coordinators. The total ernployee benefits of the key management personnel of the Trust weTe £22,950 (2021: £26,388). No employee of tile Charity received emoluments of more than £60,000 (2022: none). -14-
Kingsland Kindergarten Limited NOTES TO THE FINANCIAL STATEMENTS (cont'd) For the year ended 31" October 2022 TnEstees' remuDerntion and eipenses None of the Trustees rec¢iv¢d any remuneration for s¢rvices to the TTUSt. The Trustees did Dot claim eKpens¢s incurred on behalf of the Charity. Taxation The Charitys activiti¢s fall within th¢ exemptions afforded by the provisions of the Corporation Tax Act 2010. Accordingty, there is no laxation charge in these accounts. Fixtures rittings And equlpment Tangible Fixed Assets Totsl Cost At 1st November 2021 Additions 25.896 25,896 At 31. Ootober 2022 Depreciation At 19¢ November 2021 Char8e for the year 21,283 1,960 21283 1.960 At 31" October 2022 Net Ik value5 At 31. October 2022 At 31. O¢lob¢r 2021 Total 2022 Total 2021 10 Debtors Trade debtors Prepayments Taxation and social security 3J33 742 5.472 5,898 743 3,473 Total 2022 11 CAsh at bank and in h*nd 2021 Bank accounts Cash 26,996 45,626 -15-
Kingsland Kindergarten Limited IYOTES TO THE FINANCIAL STATEMEI¥4TS (cont'd) For the ye4r ended 31" October 2022 12 Creditors- amounts falling due witbin one yeAr Total 2022 Totsl 2021 Taxation and soeial security A¢¢nlS 1.112 7.763 1,515 11,524 13 Analy515 of llel #ssets between funds Unrestricted Funds Total FuDds Fund balances at 31. October 2022 Are represented by: Tangible fjx¢d assets Current assets IR&s . Current liabilities 2.652 2,652 36.543 36,543 (8,875) (8,875) 14 Capital tommltments There w¢Fe no capital C4)mmitments authorised or contracted for at the y¢aT-end. 15 Taxatio The Charity is exempt from tsxation on any incom¢ or capitsl gains. 16 Control The Charity is under the control of the Trnstees. 17 Compglly limited by guwrnnt¢e Kingsland Kindergarten Limited is a company limited by guarantee and aocordingly not have a share pItal. Every member of the company undertakes to contribute such amount as may be requir¢d not exceeding £1 lo the assets of the charitable company in the evenl of its being wound up while he or she is a member. or within one year after he or she ceases to be a member. 18. Financial Instrumenl The Chariiy has financed their working capital requireinent through its own activitie5 during Ihe yefjr and histori¢ Revenue ReseTves. Under Section I l of FRS 102 this will k th¢ present value of the holding. -]