**REGISTERED CHARITY NUMBER: 11390949**
## Report of the Trustees and
## Unaudited Financial Statements for the Year Ended 31 August 2021
## for
Little Acorns Our Lady Preschool
Welch and Ellis The Fort Artillery Business Park Oswestry Shropshire SY11 4AD
Little Acorns Our Lady Preschool
Contents of the Financial Statements for the Year Ended 31 August 2021
||Page|
|---|---|
|Report of the Trustees|1|
|Independent Examiner's Report|2|
|Statement of Financial Activities|3|
|Balance Sheet|4|
|Notes to the Financial Statements|5 to 10|
|Detailed Statement of Financial Activities|11 to 12|
Little Acorns Our Lady Preschool
## Report of the Trustees
for the Year Ended 31 August 2021
The trustees present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 11390949
## **Principal address**
Upper Brook Street Oswestry Shropshire SY12 2TG
## **Trustees**
Mrs K M Hughes Trustee Miss S Martin Trustee Mrs K Schofield Trustee C O'Dwyer Trustee
## **Independent Examiner**
Welch and Ellis The Fort Artillery Business Park Oswestry Shropshire SY11 4AD
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................... Trustee
Page 1
Independent Examiner's Report to the Trustees of Little Acorns Our Lady Preschool
## **Independent examiner's report to the trustees of Little Acorns Our Lady Preschool**
I report to the charity trustees on my examination of the accounts of Little Acorns Our Lady Preschool (the Trust) for the year ended 31 August 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts 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 of an 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 of the accounts to be reached.
Welch and Ellis
Date: .............................................
Page 2
Little Acorns Our Lady Preschool
## Statement of Financial Activities for the Year Ended 31 August 2021
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Shropshire County Council
Other trading activities
2
Investment income
3
Other income
**Total**
**EXPENDITURE ON**
Raising funds
4
**Charitable activities**
Shropshire County Council
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|31.8.21
Unrestricted
fund
£
-
48,556
7,865
2
690
57,113
2,009
11,524
65,538
79,071
(21,958)
100,334
78,376|31.8.20
Total
funds
£
(1)
86,907
19,228
39
2,508
108,681
5,835
11,259
70,122
87,216
21,465
78,869
100,334|
|---|---|---|
The notes form part of these financial statements
Page 3
## Little Acorns Our Lady Preschool
## Balance Sheet
## 31 August 2021
|Notes
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Debtors
8
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
9
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
10
Unrestricted funds
**TOTAL FUNDS**|31.8.21
Unrestricted
fund
£
2,348
105
76,014
76,119
(91)
76,028
78,376
78,376
78,376
78,376|31.8.20
Total
funds
£
2,348
105
97,976
98,081
(95)
97,986
100,334
100,334
100,334
100,334|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 4
Little Acorns Our Lady Preschool
Notes to the Financial Statements for the Year Ended 31 August 2021
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 5
continued...
Little Acorns Our Lady Preschool
## Notes to the Financial Statements - continued
|for the Year Ended 31 August 2021
**2.**
**OTHER TRADING ACTIVITIES**
Fundraising events
Fees
Uniform
**3.**
**INVESTMENT INCOME**
Interest receivable - trading
**4.**
**RAISING FUNDS**
**Raising donations and legacies**
Maintenance
Support costs
**Investment management costs**
Rent collection
Aggregate amounts|31.8.21
£
149
7,716
-
7,865
31.8.21
£
2
31.8.21
£
813
2,168
2,981
31.8.21
£
1,997
2,009|31.8.20
£
392
18,767
69|31.8.20
£
392
18,767
69|
|---|---|---|---|
|||19,228||
|||31.8.20
£
39
31.8.20
£
3,690
-
3,690
31.8.20
£
650
5,835||
||||5,835|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.
Page 6
continued...
Little Acorns Our Lady Preschool
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||Unrestricted|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|(1)|
|**Charitable activities**||
|Shropshire County Council|86,907|
|Other trading activities|19,228|
|Investment income|39|
|Other income|2,508|
|**Total**|108,681|
|**EXPENDITURE ON**||
|Raising funds|5,835|
|**Charitable activities**||
|Shropshire County Council|11,259|
|Other|70,122|
|**Total**|87,216|
|**NET INCOME**|21,465|
|**RECONCILIATION OF FUNDS**||
|**Total funds brought forward**|78,869|
|**TOTAL FUNDS CARRIED**||
|**FORWARD**|100,334|
Page 7
continued...
Little Acorns Our Lady Preschool
## Notes to the Financial Statements - continued for the Year Ended 31 August 2021
## **7. TANGIBLE FIXED ASSETS**
|Fixtures
and
fittings
£
**COST**
At 1 September 2020 and
31 August 2021
1,579
**NET BOOK VALUE**
At 31 August 2021
1,579
At 31 August 2020
1,579
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors
**10.**
**MOVEMENT IN FUNDS**
At 1.9.20
£
**Unrestricted funds**
General fund
100,334
**TOTAL FUNDS**
100,334
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
57,113
**TOTAL FUNDS**
57,113|Computer
equipment
£
769
769
769
31.8.21
£
105
31.8.21
£
1
90
91
Net
movement
in funds
£
(21,958)
(21,958)
Resources
expended
£
(79,071)
(79,071)|Totals
£
2,348
2,348
2,348
31.8.20
£
105
31.8.20
£
95
-
95
At
31.8.21
£
78,376
78,376
Movement
in funds
£
(21,958)
(21,958)|
|---|---|---|
Page 8
continued...
Little Acorns Our Lady Preschool
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
## **10. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.9.19|in funds|31.8.20|
||£|£|£|
|**Unrestricted funds**||||
|General fund|78,869|21,465|100,334|
|**TOTAL FUNDS**|78,869|21,465|100,334|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|108,681|(87,216)|21,465|
|**TOTAL FUNDS**|108,681|(87,216)|21,465|
|A current year 12 months and prior year 12 months combined position is as follows:||||
|||Net||
|||movement|At|
||At 1.9.19|in funds|31.8.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|78,869|(493)|78,376|
|**TOTAL FUNDS**|78,869|(493)|78,376|
|A current year 12 months and prior year|12 months combined net movement in fund|||
|included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|165,794|(166,287)|(493)|
|**TOTAL FUNDS**|165,794|(166,287)|(493)|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
Page 9
continued...
Little Acorns Our Lady Preschool
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
## **11. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 August 2021.
Page 10
Little Acorns Our Lady Preschool
|Detailed Statement of Financial Activities
for the Year Ended 31 August 2021
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
**Other trading activities**
Fundraising events
Fees
Uniform
**Investment income**
Interest receivable - trading
**Charitable activities**
Grants
**Other income**
Meals
Trips
Uniform
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Maintenance
**Other trading activities**
Purchases
Uniform
Wages
Pensions
**Investment management costs**
Rent collection
**Charitable activities**
Rates and water
Carried forward|31.8.21
£
-
149
7,716
-
7,865
2
48,556
659
-
31
690
57,113
813
86
221
(4,669)
1,393
(2,969)
1,997
1,824
1,824|31.8.20
£
(1)
392
18,767
69
19,228
39
86,907
2,412
96
-
2,508
108,681
3,690
-
-
-
1,495
1,495
650
630
630|
|---|---|---|
This page does not form part of the statutory financial statements
Page 11
Little Acorns Our Lady Preschool
Detailed Statement of Financial Activities for the Year Ended 31 August 2021
|**Charitable activities**
Brought forward
Telephone
Postage and stationery
Sundries
Professional Fees
Software
Travel
Cleaning
Meals
Computer Costs
Services
Training
Entertainment
Supplies / Purchases
Licenses
Uniform
charity
**Other**
Wages
Social security
Office Expenses
Trips
**Support costs**
**Information technology**
Repairs and renewals
**Governance costs**
Auditors' remuneration for non audit
work
Accountancy and legal fees
Total resources expended
**Net (expenditure)/income**|31.8.21
£
1,824
120
866
-
48
1,106
130
691
949
-
741
530
84
4,166
130
103
36
11,524
63,547
1,594
23
374
65,538
-
-
2,168
2,168
79,071
(21,958)|31.8.20
£
630
110
370
382
185
-
207
442
2,431
185
730
455
-
4,320
418
-
-|
|---|---|---|
|||10,865
66,402
2,538
-
347|
|||69,287
394
835
-|
|||835|
|||87,216|
|||21,465|
This page does not form part of the statutory financial statements
Page 12
**REGISTERED CHARITY NUMBER: 11390949**
## Report of the Trustees and
## Unaudited Financial Statements for the Year Ended 31 August 2021
## for
Little Acorns Our Lady Preschool
Welch and Ellis The Fort Artillery Business Park Oswestry Shropshire SY11 4AD
Little Acorns Our Lady Preschool
Contents of the Financial Statements for the Year Ended 31 August 2021
||Page|
|---|---|
|Report of the Trustees|1|
|Independent Examiner's Report|2|
|Statement of Financial Activities|3|
|Balance Sheet|4|
|Notes to the Financial Statements|5 to 10|
|Detailed Statement of Financial Activities|11 to 12|
Little Acorns Our Lady Preschool
## Report of the Trustees
for the Year Ended 31 August 2021
The trustees present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 11390949
## **Principal address**
Upper Brook Street Oswestry Shropshire SY12 2TG
## **Trustees**
Mrs K M Hughes Trustee Miss S Martin Trustee Mrs K Schofield Trustee C O'Dwyer Trustee
## **Independent Examiner**
Welch and Ellis The Fort Artillery Business Park Oswestry Shropshire SY11 4AD
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................... Trustee
Page 1
Independent Examiner's Report to the Trustees of Little Acorns Our Lady Preschool
## **Independent examiner's report to the trustees of Little Acorns Our Lady Preschool**
I report to the charity trustees on my examination of the accounts of Little Acorns Our Lady Preschool (the Trust) for the year ended 31 August 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts 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 of an 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 of the accounts to be reached.
Welch and Ellis
Date: .............................................
Page 2
Little Acorns Our Lady Preschool
## Statement of Financial Activities for the Year Ended 31 August 2021
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Shropshire County Council
Other trading activities
2
Investment income
3
Other income
**Total**
**EXPENDITURE ON**
Raising funds
4
**Charitable activities**
Shropshire County Council
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|31.8.21
Unrestricted
fund
£
-
48,556
7,865
2
690
57,113
2,009
11,524
65,538
79,071
(21,958)
100,334
78,376|31.8.20
Total
funds
£
(1)
86,907
19,228
39
2,508
108,681
5,835
11,259
70,122
87,216
21,465
78,869
100,334|
|---|---|---|
The notes form part of these financial statements
Page 3
## Little Acorns Our Lady Preschool
## Balance Sheet
## 31 August 2021
|Notes
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Debtors
8
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
9
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
10
Unrestricted funds
**TOTAL FUNDS**|31.8.21
Unrestricted
fund
£
2,348
105
76,014
76,119
(91)
76,028
78,376
78,376
78,376
78,376|31.8.20
Total
funds
£
2,348
105
97,976
98,081
(95)
97,986
100,334
100,334
100,334
100,334|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 4
Little Acorns Our Lady Preschool
Notes to the Financial Statements for the Year Ended 31 August 2021
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 5
continued...
Little Acorns Our Lady Preschool
## Notes to the Financial Statements - continued
|for the Year Ended 31 August 2021
**2.**
**OTHER TRADING ACTIVITIES**
Fundraising events
Fees
Uniform
**3.**
**INVESTMENT INCOME**
Interest receivable - trading
**4.**
**RAISING FUNDS**
**Raising donations and legacies**
Maintenance
Support costs
**Investment management costs**
Rent collection
Aggregate amounts|31.8.21
£
149
7,716
-
7,865
31.8.21
£
2
31.8.21
£
813
2,168
2,981
31.8.21
£
1,997
2,009|31.8.20
£
392
18,767
69|31.8.20
£
392
18,767
69|
|---|---|---|---|
|||19,228||
|||31.8.20
£
39
31.8.20
£
3,690
-
3,690
31.8.20
£
650
5,835||
||||5,835|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.
Page 6
continued...
Little Acorns Our Lady Preschool
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||Unrestricted|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|(1)|
|**Charitable activities**||
|Shropshire County Council|86,907|
|Other trading activities|19,228|
|Investment income|39|
|Other income|2,508|
|**Total**|108,681|
|**EXPENDITURE ON**||
|Raising funds|5,835|
|**Charitable activities**||
|Shropshire County Council|11,259|
|Other|70,122|
|**Total**|87,216|
|**NET INCOME**|21,465|
|**RECONCILIATION OF FUNDS**||
|**Total funds brought forward**|78,869|
|**TOTAL FUNDS CARRIED**||
|**FORWARD**|100,334|
Page 7
continued...
Little Acorns Our Lady Preschool
## Notes to the Financial Statements - continued for the Year Ended 31 August 2021
## **7. TANGIBLE FIXED ASSETS**
|Fixtures
and
fittings
£
**COST**
At 1 September 2020 and
31 August 2021
1,579
**NET BOOK VALUE**
At 31 August 2021
1,579
At 31 August 2020
1,579
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors
**10.**
**MOVEMENT IN FUNDS**
At 1.9.20
£
**Unrestricted funds**
General fund
100,334
**TOTAL FUNDS**
100,334
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
57,113
**TOTAL FUNDS**
57,113|Computer
equipment
£
769
769
769
31.8.21
£
105
31.8.21
£
1
90
91
Net
movement
in funds
£
(21,958)
(21,958)
Resources
expended
£
(79,071)
(79,071)|Totals
£
2,348
2,348
2,348
31.8.20
£
105
31.8.20
£
95
-
95
At
31.8.21
£
78,376
78,376
Movement
in funds
£
(21,958)
(21,958)|
|---|---|---|
Page 8
continued...
Little Acorns Our Lady Preschool
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
## **10. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.9.19|in funds|31.8.20|
||£|£|£|
|**Unrestricted funds**||||
|General fund|78,869|21,465|100,334|
|**TOTAL FUNDS**|78,869|21,465|100,334|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|108,681|(87,216)|21,465|
|**TOTAL FUNDS**|108,681|(87,216)|21,465|
|A current year 12 months and prior year 12 months combined position is as follows:||||
|||Net||
|||movement|At|
||At 1.9.19|in funds|31.8.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|78,869|(493)|78,376|
|**TOTAL FUNDS**|78,869|(493)|78,376|
|A current year 12 months and prior year|12 months combined net movement in fund|||
|included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|165,794|(166,287)|(493)|
|**TOTAL FUNDS**|165,794|(166,287)|(493)|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
Page 9
continued...
Little Acorns Our Lady Preschool
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
## **11. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 August 2021.
Page 10
Little Acorns Our Lady Preschool
|Detailed Statement of Financial Activities
for the Year Ended 31 August 2021
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
**Other trading activities**
Fundraising events
Fees
Uniform
**Investment income**
Interest receivable - trading
**Charitable activities**
Grants
**Other income**
Meals
Trips
Uniform
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Maintenance
**Other trading activities**
Purchases
Uniform
Wages
Pensions
**Investment management costs**
Rent collection
**Charitable activities**
Rates and water
Carried forward|31.8.21
£
-
149
7,716
-
7,865
2
48,556
659
-
31
690
57,113
813
86
221
(4,669)
1,393
(2,969)
1,997
1,824
1,824|31.8.20
£
(1)
392
18,767
69
19,228
39
86,907
2,412
96
-
2,508
108,681
3,690
-
-
-
1,495
1,495
650
630
630|
|---|---|---|
This page does not form part of the statutory financial statements
Page 11
Little Acorns Our Lady Preschool
Detailed Statement of Financial Activities for the Year Ended 31 August 2021
|**Charitable activities**
Brought forward
Telephone
Postage and stationery
Sundries
Professional Fees
Software
Travel
Cleaning
Meals
Computer Costs
Services
Training
Entertainment
Supplies / Purchases
Licenses
Uniform
charity
**Other**
Wages
Social security
Office Expenses
Trips
**Support costs**
**Information technology**
Repairs and renewals
**Governance costs**
Auditors' remuneration for non audit
work
Accountancy and legal fees
Total resources expended
**Net (expenditure)/income**|31.8.21
£
1,824
120
866
-
48
1,106
130
691
949
-
741
530
84
4,166
130
103
36
11,524
63,547
1,594
23
374
65,538
-
-
2,168
2,168
79,071
(21,958)|31.8.20
£
630
110
370
382
185
-
207
442
2,431
185
730
455
-
4,320
418
-
-|
|---|---|---|
|||10,865
66,402
2,538
-
347|
|||69,287
394
835
-|
|||835|
|||87,216|
|||21,465|
This page does not form part of the statutory financial statements
Page 12
Inde
endent Examinels Re
ort to the Trustees of
Little Acoms Our Lad Preschool
Independent examiner's report to the trustees of Little Acorns Our Lady Preschool
I report lo the charity trustees on my examination of the accounts of Little Acorns Our Lady
Preschool (the Trust) for the year ended 31 August 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparatlon of the accounts in
accordance with the requirements of the Charities Act 2011 I'the Acr).
I report in respect of my examination of the Trust's accounts carried out under section 145 of the
Act and in carrying out my examination I have followed all applicable Directions given by the
Charity Commission under section 14515llb) of the Ad,
Independent examlner's statement
I have completed my examlnallon. I conflrm that no materlal matters have come to my att9ntion In
connection with the examination giving me cause lo believe that in any material respect-
accounting re¢ords were not kept in respe¢t of the Trust as required by se¢lion 130 of the
Act., or
the accounts do not accord wlth those records., or
the accounts do not comply wllh th8 appllcable requlrements concernlng th8 form and
content of accounts set out in the Charities (Accounts and Reports> Regulations 2008 olher
than any requirement that the accounts give a true and fair view which is not a matter
Considered as parl of an independent examination.
I have no concerns and have come across no other matter5 in connection with the examination to
whlch attention should be drawn In this report In order to enable a proper understandlng of th8
accounts to be reached.
Ob 4/L
Welch'and Ellis
Date.. .l.i.l.o.u. l.l.1.
Page 2