2021-03-31-accounts

	Page
Company Information	1
Report of the Trustees	2
Independent Examiners Report	6
Statement of Financial Activities	7
Balance Sheet	8
Notes to the Financial Statempntsm.	9

	Sutton Opportunity Pre−school	Sutton Opportunity Pre−school
		Company Information
	**For **	the year to 31 March 2021
CHARITY NUMBER:		1132408
**COMPANY REGISTRATION **	NO:	05804311
TRUSTEES:		Mrs A Wood — Chairperson
		Miss D Grindrod — Company Secretary
		Mrs M Deane
		Mrs E Bender
		Mrs F Grindrod
		Mrs C Rayner
		Mrs Z Walker
		Mrs L Francis
		Ms S Mackinlay —Treasurer, resigned December 2020
		Mrs M A Mcintosh −Resigned March 2021
		Mrs A O'Sullivan −Resigned September 2020
ADDRESS:		Wallington Academy Nursery Building Amy
		Johnson Children's Centre
		Brabazon Avenue
		Wallington
		Surrey
		SM6 9ET
ACCOUNTANTS		Freshwater Associates Ltd
		Chartered Certified Accountants and Registered Auditors
		1 Gemini Court, 42a Throwley Way
		Sutton
		Surrey
		SM1 4AF
BANKERS		Barclays Bank
		161 Woodcote Road
		Wallington
		SM6 ONF

	Notes	Notes	Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2021	2020
			£	£	£	£
Incoming Resources
Incoming resources from
generated funds
Voluntary income:
Donations and gifts		2	300		300	1,376
Activities for generating funds:
Investment income		2	77		77	205
Fundraising		2	2,202		2,202	4,602
Other		2
Income Resources from
charitable activities
Grants received		3		232,657	232,657	205,367
Fees−Parental		3	10,193		10,193	11,057
Total incoming resources			12,772	232,657	245,429	222,607
Resources Expended
Costs o f generating funds
Costs of generating voluntary income
Fundraising costs		4	611		611	2,022
Charitable activities		4	22,451	210,317	232,768	221,501
Governance costs		4	1,158		1,158	1,122
Total resources expended			24,220	210,317	234,537	224,645
NET INCOMING/(OUTGOINGS) FOR		YEAR	(11,448)	22,340	10,892	(2,038)

				2021		2020
	Notes
FIXED ASSETS:
Tangible Assets		9			3,352		2,016
CURRENT ASSETS:
Debtors		10	3,917			803
Cash at Bank and In Hand			102,825			103,107
			106.742			103.910
CREDITORS: Amounts falling
due within one year		11	1.351			8.075
NET CURRENT ASSETS:					105,391		95,835
TOTAL ASSETS LESS
CURRENT LIABILITIES:					108,743		97,851
RESERVES:
Restricted Funds		12			87,637		65,333
General Funds		12			21.070		32,518
					108,743		97,851

**INCOMING RESOURCES FROM **	GENERATED FUNDS
	2021	2020
	£	E
Donations & Gifts	300	1,376
Investment income	77	205
Fundraising	2p202	4,602
	2.579	6.183

	Total Funds	Total Funds
	2021	2020
Fees −London Borough o f Sutton	232,657	205,367
Fees−Parental	10,193	11,057
	242.850	216.424

	Basis of	Fund		Direct Charitable	Direct Charitable	Direct Charitable
	Allocation	Raising		Activities		Governance		Total	Total
			Restricted Unrestricted					2021	2020
**Costs directly related to **	activities
Staff costs	Direct	−		201,106			−	201,106	185,648
Equipment	Direct	−		8,870			−	8,870	7,827
Training	Direct	−				2,039		2,039	2,284
Literature	Direct					423		423	183
**Support Costs allocated **	to activities
Rent & Rates	Direct			−		2,250	−	2,250	9,200
Repairs and Renewals	Direct					2,122	−	2,122	315
Insurance	Direct					629	−	629	623
Storage	Direct					1,194	−	1,194	744
Catering	Direct					1,885	−	1,885	2,681
Other staff costs	Direct			−		1,329	−	1,329	1,388
Telephone	Direct					427	−	427	431
Post & Stationery	Direct		−	−		1,280	−	1,280	1,395
Fundraising Costs	Direct		611			−	−	611	2,022
Depreciation	Direct		−	341		777	−	1,118	672
Professional Fees	Direct		−			−	1,158	1,158	1,122
Bank Charges	Direct					75		75	145
Cleaning	Direct					886		886	−
Clothing	Direct		−	−		480		480	956
School Activities	Direct			−		595		595	1,224
Sundries	Direct			−		415	−	415	304
Computer Expenses	Direct			−		1,850	−	1,850	1,914
Subscriptions & Licences	Direct		−	−		1,509	−	1,509	1,369
Health & Safety	Direct	−		−		2,286	−	2,286	2,198
			611	210,317	22,451		1,158	234,537	224,645

	2021	2020
This is stated after charging:	£	£
Depreciation o f tangible fixed assets
−owned by the charity	1,118	672

were:
		2021	2020
Salaries	& Social Security costs	199,309	183,808
Pension	costs	1,797	1,840
		201.106	185.648

The average number of staff employed, was as follows:	calculated as full time eq	uivalents
	2021	2020
Direct charitable work	14	14
Administrative	1	1
	15	15

			Computer	Fixtures & Fittings	Fixtures & Fittings	Total	Total
	Cost
	At 1 April 2020		4,792	1,913		6,705'
	Additions			2,455		2,455
	At 31 March 2021		4,792	4,368		9,160
	Depreciation
	At 1 April 2020		3,429	1,261		4,690
	Charge for Year		341	777		1,118
	At 31 March 2021		3,770	2,038		5,808
	Net Book Value
	At 31 March 2021		1,022	2,330		3,352
	At 31 March 2020		1,363	653		2,016
10.	DEBTORS
				2021	2020
				£	£
	Prepayments			1,524	630
	Other debtors			10	−
	Trade Debtors			2,383	173
				3.917	803
11.	CREDITORS: Amounts falling due
	within one year			2021	2020
	Tax and Social Security			−	5,121
	Accruals			1,158	1,122
	Other Creditors			193	1,832
				1.351	8.075
12.	M O V E M E N T IN FUNDS
		At 1 April	Income	Expenditure	Transfers		At	31 March
		2020						2021
Restricted Funds:
LB	of Sutton	65,333	232,657	210,317				87,673
Unrestricted Funds:
General Fund		32,518	12,772	24,220				21,070
		97,851	245,429	234,537			108,743