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||||Page|
|---|---|---|---|
|Reference and Administration||Details||
|Trustees Report|||2-6|
|Statement ofTrustees'|Responsibilities|||
|Independent
Auditor's|Report||8-9|
|Statement ofFinancial|Activities||10|
|Balance Sheet||||
|Cash Flow Statement|||12|
|Notes to the Accounts|||13-20|
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|Secretary and Registered|Secretary and Registered|Office".|Denise Stultz|||
|---|---|---|---|---|---|
||||29 Wallbutton|Road||
||||Brockley|||
||||London|||
||||SE42NX|||
|Trustees:|||Denise Stultz|||
||||John Fowler|||
||||Sandra Margolies|||
||||Gwenlian
Evans|||
|Key Management:||||||
|Nursery|Manager:||Paula Lane|||
|Deputy Manager:|||Samantha
Cordwell|||
|Auditor:|||Azets Audit Services|||
||||Chartered
Accountants|||
||||2"' Floor|||
||||Regis House|||
||||45 King William|Street||
||||London|||
||||EC4R 9AN|||
|Bankers:|||National
Westminster||Bank pic|
||||87 Sidcup High|Street||
||||Sidcup|||
||||Kent|||
||||DA14 6DL|||
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|||Notes|Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
||||Funds|2021
f|2020
f|
|INCOME||||||
|Charitable
activities|||562,048|562,048|452,479|
|Investment
income|||13|13|177|
|Other income|||||25,616|
|TOTAL INCOME|||562,061|562,061|478,272|
|EXPENDITURE||||||
|Charitable
activities|||586,204|586,204|529,303|
|TOTAL EXPENDITURE|||586,204|586,204|529,303|
|NET INCOME|||(24,143)|(24,143)|(51,031)|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward||323,508|323,508|374,539|
|TOTAL FUNDS CARRIED FORWARD||17|299,365|299,365|323,508|
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|||Notes|2021||2020||
|---|---|---|---|---|---|---|
|FIXEDASSETS|||||||
|Tangible fixed assets||12||469||1,961|
|CURRENT ASSETS|||||||
|Debtors||13|13,867||5,327||
|Cash at bank and|in hand||320,395||371,465||
||||334,262||376,792||
|CURRENT LIABILITIES|||||||
|Creditors:|||||||
|Amounts
falling due within one year||14|(35,366)||(55,245)||
|NET CURRENT ASSETS||||298,896||321,547|
|NET ASSETS||||299,365||323,508|
|FUNDS|||||||
|Unrestricted
funds:|||||||
|General fund
Designated
funds||17||282,365
17,000||306,508
17,000|
|||||299„365||323,508|
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||Notes|Total Funds|Total Funds|
|---|---|---|---|
|||2021|2020|
|||F|E|
|CASH FLOW FROM OPERATING ACTIVITIES||||
|Cash generated
from operating
activities|15|(50,833)|(65,010)|
|NET CASH FLOW FROM OPERATING ACTIVITIES||(50,833)|(65,010)|
|CASH FLOW FROM INVESTING ACTIVITIES||||
|Payments
to acquire tangible fixed assets
Interest received||(250)
13|(449)
177|
|NET CASH FLOW FROM INVESTING ACTIVITIES||(237)|(272)|
|NET (DECREASE)I INCREASE IN CASH AND CASH
EQUIVALENTS||(51,070)|(65,282)|
|CASH AND CASH EQUIVALENTS AT BEGINNING
OF YEAR||371,465|436,747|
|TOTAL FUNDS CARRIED FORWARD||320,395|371,465|
|Cash and cash equivalents
consists of:||||
|Cash at bank and in hand||320,395|371,465|
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||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||Funds
f|2021f|2020
f.|
|Advancement|ofthe|education|of|children|586,204|586,204|529,303|
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||||||Direct|Support|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Charitable
f|costs
f|2021
f|2020
f|
|||||||(note 8)|||
|Advancement|ofthe|education|of|children|509,718|76,486|586,204|529,303|
|SUPPORT COSTS|||2021|2020f|
|---|---|---|---|---|
|Governance
costs (note 9)
Premises costs
Office and central costs|||9,360
58,413
6,971|9,917
53,261
5,336|
|Depreciation|||1,742|1,848|
||||76,486|70,362|
|GOVERNANCE
COSTS|||2021f|2020f|
|Auditors
remuneration|||||
|Audit fee|||6,600|6,240|
|Accounting,
current year|||1,395|1,020|
|Other accountancy
costs||||667|
|Other governance
costs|||1,365|1,810|
||||9,360|9,917|
|Other governance
costs consist|of legal fees and consultancy|fees.|||
|NET INCOME/(EXPENDITURE)|FOR THE YEAR||2021f|2020f|
|This is stated after charging:|||||
|Depreciation
Audit fee
Operating
lease costs|||1,742
6,600
48,000|1,848
6,420
48,000|
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|ANALYSIS OF STAFF COSTS,|TRUSTEE REMUNERATION|2021|2020|
|---|---|---|---|
|AND EXPENSES AND THE COST OF KEY MANAGEMENT||||
|PERSONNEL||||
|Wages and salaries
Social security
Defined contribution
pension costs
Agency staff||417,290
20,336
10,431
8,125|376,501
23,907
9,139
7,393|
|||456,182|416,940|
|The average number
offull-time
Nursery
staff|equivalent
employees:||24|
|Employee
time has been allocated|to direct charitable
expenditure.|||
|No employee
received emoluments|ofmore than f60,000 (2020:none).|||
##
|he
total
employee
benefits
of the
k
78,920 (2020:f87,997).|ey
management
personnel|of
the
charitable|company
we|
|---|---|---|---|
|TANGIBLE FIXEDASSETS|Furniture|Office||
||and fittings|equipment|Total|
||F|||
|Cost||||
|At 1 October 2020|5,532|15,397|20,929|
|Additions||250|250|
|Disposals||(41)|(41)|
|At 30 September 2021|5,532|15,606|21,138|
|Depreciation
At 1 October 2020|5,532|13,436|18,968|
|Charge for the year||1,742|1,742|
|Disposals||(41)|(41)|
|At 30September 2021|5,532|15,137|20,669|
|Net Book Value||||
|At 30September 2021||469|469|
|At 30September 2020||1,961|1,961|
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|13.|DEBTORS|||2021|2020|
|---|---|---|---|---|---|
||Trade debtors|||1,604|2,213|
||Other debtors|||149|2,661|
||Prepayments|||12,114|453|
|||||13,867|5,327|
|14.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||2021|2020|
|||||E|R|
||Trade creditors|||3,231|166|
||Other creditors|||19,235|12,534|
||Accruals
Deferred income (note 14.1)|||7,680
5,220|23,288
19,257|
|||||35,366|55,245|
|14.1|DEFERRED INCOME|||2021|2020|
|||||F.|E|
||At 1 October 2020|||19,257||
||Additional
during the year
Amounts
released to income|||5,220
(19,257)|19,257|
||At 30September 2021|||5,220|19,257|
||Deferred income
in both 2021||and 2020 relates to nursery fees for the autumn|term.||
|15.|RECONCILIATION
OF NET INCOME TO CASH GENERATED|||||
||FROM OPERATING ACTIVITES|||2021|2020|
||Net income for the year
Depreciation
charges
Interest receivable|||(24,143)
1,742
(13)|(51,031)
1,848
(177)|
||Decrease
in trade and other debtors
(Decrease) in trade and other creditors|||(22,414)
(8,540)
(19,879)|(49,360)
1,581
(17,231)|
||Cash generated
from operating||activities|(50,833)|(65,010)|
|16.|ANALYSIS OF NET ASSETS||BETWEEN FUNDS|2021|2020|
||Tangible fixed assets|||469|1,961|
||Current assets|||334,262|376,792|
||Current
liabilities|||(35,366)|(55,245)|
|||||299,365|323,508|
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