OpenCharities

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2022-03-31-accounts

Page
Trustees'
annual
report (incorporating		 the director's report)
Independent
examiner's
report to the		 trustees
Statement
of financial
activities		 (including income and
expenditure
account)
Statement
of financial
position
Statement
of cash flows
Notes to the financial statements

2022 2022 2021
Unrestricted
funds Total funds Total funds
Note
Income and endowments
Donations
and legacies		 5 153,355 153,355 237,181
Other trading
activities		 6 363,088 363,088 212,557
Investment
income		 7 16 16 62
Total income 516,459 516,459 449,800
Expenditure
Expenditure
on raising funds:
Costs of other trading activities 8 491,451 491,451 417,187
Total expenditure 491,451 491,451 417,187
Net income and net movement in funds 25,008 25,008 32,613
Reconciliation
offunds
Total funds brought
forward		 201,294 201,294 168,681
Total funds carried forward 226,302 226,302 201,294

2022 2021
Note
Fixed assets
Tangible
fixed assets		 13 51,588 20,918
Current assets
Debtors
Cash at bank and in		 hand 14 1,730
217,785		 1,295
221,793
219,515 223,088
Creditors: amounts falling due within one year 15 44,801 42,712
Net current assets 174,714 180,376
Total assets less current liabilities 226,302 201,294
Net assets 226,302 201,294
Funds of the charity
Unrestricted
funds		 226,302 201,294
Total charity funds 17 226,302 201,294

Year en ded 31 March 202 2
2022 2021
Cash flows from operating activities
Net income 25,008 32,613
Adjustments
for:
Depreciation
of tangible
fixed assets		 11,096 6,972
Other interest receivable
and similar income		 (16) (62)
Interest payable
and similar		 charges 24,870
Accrued (income)/expenses (178) 1,477
Changesin:
Trade and other debtors
Trade and other creditors		 (435)
2,267		 11,939
5,727
Cash generated
from operations		 62,612 58,666
Interest paid (24,870)
Interest received 16 62
Net cash from operating
activities		 37,758 58,728
Cash flows from investing activities
Purchase
of tangible assets		 (41,766) (6,933)
Net cash used in investing
activities		 (41,766) (6,933)
Net (decrease)/increase
in		 cash and cash equivalents (4,008) 51,795
Cash and cash equivalents at beginning ofyear 221,793 169,998
Cash and cash equivalents at end of year 217,785 221,793

Donations and l egacies
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
Grants
Grants receivable- borough council 149,336 149,336 147,581 147,581
Coronavirus Job Retention Scheme
Grant 2,655 2,655 89,535 89,535
Other donations and legacies
Donations 1,364 1,364 65 65
153,355 153,355 237,181 237,181

Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
Fundraising events 2,012 2,012 1,380 1,380
Other activities for generating funds—
nursery 361,076 361,076 211,177 211,177
363,088 363,088 212,557 212,557

Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
Bank interest receivable 16 16 62 62

Costs o fother trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
Nursery -purchases 47,282 47,282 30,264 30,264
Nursery -wages and salaries 337,911 337,911 318,881 318,881
Nursery - employer's
NIC		 25,173 25,173 23,397 23,397
Nursery - pension costs 7,044 7,044 6,667 6,667
Nursery - lease of office equipment 1,869 1,869 979 979
Nursery - rates 8 water 157 157 915 915
Nursery - light 8 heat 4,656 4,656 4,492 4,492
Nursery - repairs 8 maintenance 3,949 3,949 4,876 4,876
Staging events - insurance 533 533
Nursery - cleaning 6,795 6,795 2,687 2,687
Nursery - Travel costs 1,018 1,018 100 100
Nursery - Accountancy
fee		 6,200 6,200 7,660 7,660
Nursery - telephone 1,029 1,029 1,072 1,072
Nursery - depreciation 11,096 11,096 6,972 6,972
Nursery - playgarden
installation		 24,870 24,870
Nursery - staff training 4,339 4,339 1,200 1,200
Nursery - printing,
postage and
stationery 1,819 1,819 1,472 1,472
Nursery - computer
and software		 1,399 1,399 1,845 1,845
Nursery - staff welfare 2,668 2,668 1,442 1,442
Nursery - recruitment
expenses		 628 628 78 78
Nursery - sundry expenses 127 127 350 350
Nursery - bank charges 543 543 407 407
Nursery - subscriptions 760 760 722 722
Nursery - Disclosure and Baring
Checks 119 119 176 176
491,451 491,451 417,187 417,187

9. Net income Net income
Net income is stated after charging/(crediting):
2022 2021
R
Depreciation of tangible fixed assets 11,096 6,972
10. Independent examination fees
2022 2021
E
Fees payable to the independent examiner for:
Independent examination of the financial statements 1,500 1,050
Other financial services 4,650 6,610
6,150 7,660

The total staff costs and employee benefits for the reporting period are analysed
as		 follows:
2022 2021
337,911 318,881
25,173 23,397
7,044 6,667
370,128 348,945

No trustee expenses
have been incurred
Tangible fixed assets
Equipment Total
R
Cost
At 1 April 2021 49,503 49,503
Additions 41,766 41,766
At 31 March 2022 91,269 91,269
Depreciation
At 1 April 2021 28,585 28,585
Charge for the year 11,096 11,096
At 31 March 2022 39,681 39,681
Carrying
amount
At 31 March 2022 51,588 51,588
At 31 March 2021 20,918 20,918

14. Debtors Year ended 31 March 2022
2022 2021
Trade debtors 952 1,295
Prepayments and accrued income 778
1,730 1,295
15. Creditors: amounts falling due within one year
2022 2021
Accruals and deferred income 5,383 5,561
Social security and other taxes 6,536 6,294
Other creditors 32,882 30,857
44,801 42,712

At At
1 April 2021 Income Expenditure 31 March 2022
P.
General funds 201,294 516,459 (491,451) 226,302
At At
1 April 2020 Income Expenditure 31 March 2021
General funds 168,681 449,800 (417,187) 201,294

18. Analysis of net as se ts between funds
Unrestricted Total Funds
Funds 2022
Tangible fixed assets 51,588 51,588
Current assets 219,515 219,515
Creditors less than 1 year (44,801) (44,801)
Net assets 226,302 226,302
Unrestricted Total Funds
Funds 2021
Tangible fixed assets 20,918 20,918
Current assets 223,088 223,088
Creditors less than 1 year (42,712) (42,712)
Net assets 201,294 201,294
19. Analysis ofchanges in net debt
19. Analysis ofc hanges
in		 net debt
At
At 1 Apr 2021 Cash flows 31 Mar 2022
E
Cash at bank and in hand 221,793 (4,008) 217,785
20. Operating lease commitments
The total future minimum lease payments under non-cancellable operating leases are as follows:
2022 2021
Not later than 1 year 1,272 979
Later than 1 year and not later than 5years 3,816 979
5,088 1,958