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|---|---|---|---|
|Reference and Administration||Details||
|Trustees Report|||2-0|
|Statement ofTrustees'|Responsibilities|||
|Independent
AuditoVs|Report|||
|Statement ofFinancial|Activities||10|
|Balance Sheet||||
|Cash Flow Statement|||12|
|Notes to the Accounts|||13-20|
|Status||Company
Limited|Company
Limited|Company
Limited|by Guarantee|by Guarantee|by Guarantee|No.|05850668|
|---|---|---|---|---|---|---|---|---|---|
|||Registered
Charity|||No. 1130993,registered 6August 2009|||||
|||The Company's||governing|||document||is its Memorandum|
|||and Articles of|Association|||||||
|Secretary and Registered Office:||Denise Stultz||||||||
|||29Wallbutton|Road|||||||
|||8rockley||||||||
|||London||||||||
|||SE42NX||||||||
|Trustees:||Denise Stultz||||||||
|||John Fowler||||||||
|||Sandra Margolies||||||||
|||Gwenlian
Evans||||||||
|Key Management:||||||||||
|Nursery|Manager:|Paula Lane||||||||
|Deputy Manager:||Marsha
Newton||(resigned|||13/03/2020)|||
|||Sam Cordwell||||||||
|Auditor:||Azets Audit Services||||||||
|||Chartered
Accountants||||||||
|||2"' Floor||||||||
|||Regis House||||||||
|||45 King William||Street||||||
|||London||||||||
|||EC4R 9AN||||||||
|Bankers:||National
Westminster||||Bank pic||||
|||87Sidcup High||Street||||||
|||Sidcup||||||||
|||Kent||||||||
|||DA14 6DL||||||||
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|||Notes|Unrestricted|Total Funds|TotalFunds|
|---|---|---|---|---|---|
||||Funds|2020|2019|
|||||5|6|
|INCOME||||||
|Charitable
activities|||452,479|452,479|608,608|
|Investment
income|||177|177|260|
|Other income|||25,616|25,616|3,253|
|TOTAL INCOME|||478,272|478,272|612,321|
|EXPENDITURE||||||
|Charitable
activities|||529,303|529,303|559,153|
|TOTAL EXPENDITURE|||529,303|529,303|559,153|
|NET INCOME||||||
||||(51,031)|(51,031)|53,168|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward||374,539|374,539|321,371|
|TOTAL FUNDS CARRIED FORWARD||17|323„508|323,508|374,539|
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||Notes|TotalFunds|Total Funds|
|---|---|---|---|
|||2020|2019|
|||8|5|
|CASH FLOW FROM OPERATING ACTIVfTIES||||
|Cash generated
from operating
acfivities|15|(65,010)|31,564|
|NET CASH FLOW FROM OPERATING ACTIVITIES||(65,010)|31,554|
|CASH FLOW FROM INVESTING ACTIVITIES||||
|Payments
to acquire tangible
fixed assets
Interest received||(449)
177|(4,262)
260|
|NET CASH FLOW FROM INVESTING ACTIVITIES||(272)|(4,002)|
|NET (DECREASE)I INCREASE IN CASH AND CASH
EQUIVALENTS||(65,282)|27,552|
|CASH AND CASH EQUIVALENTS AT BEGINNING
OF YEAR||436,747|409,195|
|TOTAL FUNDS CARRIED FORWARD||371,465|436,747|
|Cash and cash equivalents
consists of:||||
|Cash at bank and in hand||371,465|436,747|
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|INCOME F|ROM CHA|RITABLE ACTIVITIES||||
|---|---|---|---|---|---|
||||Unrestricted|Total|Total|
||||Funds|2020|2019|
||||8|8|6|
|Fees|||338,784|338,784|483,958|
|LBNursery|Education|grant|92,870|92,870|123,642|
|Donations|and fundraising||20,825|20,825|1,208|
||||452,479|452,479|608,808|
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|INVE|STMENT INCOME||||
|---|---|---|---|---|
|||Unrestricted|Total|Total|
|||Funds|2020|2019|
|||6|6|9|
|Bank|interest|177||260|
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||Funds|2020|2019|
|||||5|5|E|
|Advancement|ofthe|education|ofchildren|529,303|529,303|559,153|
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|ANALYSIS O|F EXP|ENDITUR|E|||||
|---|---|---|---|---|---|---|---|
|||||Direct|Support|Total|Total|
|||||Charitable|costa|2020|2019|
|||||8|8|5|5|
||||||(note 8)|||
|Advancement|ofthe|education|ofchildren|458,941|70,362|529,303|559,153|
|SUPPORT COSTS|||2020|2019|
|---|---|---|---|---|
||||8|E|
|Governance
costs (note 9)|||9,917|14,323|
|Premises costs|||53,261|56,447|
|Oflice and central costs|||5,336|14,180|
|Depreciation|||1,848|1,924|
||||70,362|86,874|
|GOVERNANCE
COSTS|||2020|2020|
||||8|5|
|Auditors
remuneration|||||
|Audit fee|||6,420|6,240|
|Accounting,
current year|||1,020|1,020|
|Other accountancy costs|||667|612|
|Other governance
costs|||1,810|6,451|
||||9,917|14,323|
|Other governance
costs consist|oflegal fees and consultancy|fees.|||
|NET INCOMEI(EXPENDITURE)|FOR THE YEAR||2020|2019|
||||8|5|
|This is stated after charging:|||||
|Depreciation|||1,848|1,924|
|Audit fee|||6,420|6,240|
|Operating
lease costs|||48,000|48,000|
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|he
total
employee
benefits
of the
k
87,997(2019:688,194).|ey
management
personnel|of the
charitable|company
w|
|---|---|---|---|
|TANGIBLE FIXEDASSETS|Furniture|ONce||
||and fittings|equipment|Total|
||6|6|6|
|Cost||||
|At 1 October 2019|5,532|15,644|21,176|
|Additions||449|449|
|Disposals||(696)|(696)|
|At 30September 2020|5,532|15,397|20,929|
|Depreciation||||
|At 1 October 2019|5,532|12,284|17,816|
|Charge for the year||1,848|1,848|
|Dieposals||(696)|(696)|
|At 30September 2020|5,532|13,436|18,968|
|Net Book Value||||
|At 30September 2020||1,961|1,961|
|At 30September 2019||3,360|3,360|
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||||||
|---|---|---|---|---|
|13.|DEBTORS||2020|2019|
||||6|6|
||Trade debtors||2,213|6,734|
||Other debtors||2,661||
||Prepayments||453|174|
||||5,327|6,908|
|14.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|2020|2019|
||||6|6|
||Trade creditors||166|7|
||Other creditors||12,534|27,026|
||Accruals||23,288|45,443|
||Deferred income (note 14.1)||19,257||
||||55,245|72,476|
|14.1|DEFERRED INCOME||2020|2019|
||||6|6|
||At 1 October 2019|||15,582|
||Additional
during fne year||19,257||
||Amounts
released to income|||(15,582)|
||At 30September 2020||19,257||
||were paid post the year end.
|were paid post the year end.
|
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|---|---|---|---|---|
|15.|RECONCILIATION
OF NET INCOME TO CASH GENERATED||||
||FROM OPERATING ACTIVITES||2020|2019|
||||6|5|
||Net income for the year||(51,031)|53,168|
||Depreciation
charges||1,848|1,924|
||Interest receivable||(177)|(260)|
||||(49,360)|54,832|
||Decrease in trade and other debtors||1,581|4,135|
||(Decrease) in trade and other creditors||(17,231)|(27,413)|
||Cash generated
from operating|activities|(65,010)|31,554|
|16.|ANALYSIS OF NET ASSETS|BETWEEN FUNDS|2020|2019|
||||6|5|
||Tangible fixed assets||1,961|3,360|
||Current assets||376,792|443,655|
||Current
liabilities||(55,245)|(72,476)|
||||323,508|374,539|
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