THE BRAMBLES NURSERY & CHILDRENS CENTRE
LTD
REPORT OF THE TRUSTEES
FOR YEAR ENDED AUGUST 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31[st] August 2021. The trustees have adopted the provisions of | Accounting and Reporting to 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[st] January 2019).
OBJECTIVES AND ACTIVITIES:
The object of the charity is to provide good quality wrap around childcare for children aged from 3 months to 11 years and good quality daily childcare for children aged 3 months to 4 years. This is within the St Just area.
The charity operates The Brambles Nursery opening from 8 am to 4.30 pm on most days subject to demand. The average session size is approximately 39 children per day.
Significant activities :
Expansion into the whole centre has increased attendance at the setting which has required additional staff during the year and many sessions are almost at capacity.
Continued updating and replacing of equipment has taken place to enhance the outside learning area.
ACHIEVEMENT AND PEFORMANCE:
Charitable activities
September 2020 started well although not all children returned from the lockdown. Numbers slightly picked up between October and December. With the January 2021 lockdown numbers again decreased but picked up again in the March.
Nursery remained open throughout.
Two members of staff were furloughed during the spring term. The nursery was only able to claim a proportion of the 80% furlough in relation to the amount of fee paying parents. This worked out to be approximately 30% of the wage as was the case for the previous year.
The nursery was in receipt of business rate relief in line with Government support for this period. The nursery was also in receipt of extra nursery entitlement funding in line with the number of children in attendance from Sept 2019 – December 2019. This was to help alleviate finances due to the number of children who did not attend in the autumn term 2020.
Changes were made on the pathway with an extra gate being added to enable a one way flow of parents and the recommended distance being maintained. A new security
system was installed to ensure the safety of the children and staff resulting in fobs being required to open doors. A buggy shed was built to accommodate prams and alleviate the congestion inside the cloakroom and outside the building.. A new doorbell system was also installed.
FINANCIAL REVIEW:
Reserves policy.
The trustees hold reserves sufficient to fund future maintenance of the property which is owned and to guard against changes in the government funding regimes. It also allows flexibility in cases of hardship and the smoothing of short term cost fluctuations.
STRUCTURE, GOVERNANCE AND MANAGEMENT:
Governing document:
The charity is controlled by its governing document, a deed of trust and continues a limited company. Limited by guarantee as defined by the Companies Act 2006.
RECRUITMENT AND APPOINTMENT OF NEW TRUSTEES:
New trustees are appointed by a process of active engagement with the staff and parents together with direct approach to individuals we think could offer expertise or experience in the governance of the nursery.
REFERENCE AND ADMINISTRATIVE DETAILS:
Registered Company number:
06925627 (England and Wales)
Registered charity number:
1135817.
2:04 PM
02/02/23 Accrual Basis
Brambles Nursery Profit & Loss September 2020 through August 2021
| Ordinary Income/Expense Income 4000 · Fees 4001 · Fees from parents 4002 · Fees from CCC 4003 · Fees for afterschool Total 4000 · Fees 4005 · Lunches & snack 4300 · Donations Income 4301 · Unrestricted 4300 · Donations Income - Other Total 4300 · Donations Income 4330 · Grant income 4331 · Training grants Total 4330 · Grant income 4370 · Fund Raising 4371 · Events 4372 · Sales of photos 4374 · Sales of other goods Total 4370 · Fund Raising 4440 · Bank Interest Earned 4600 · Covid Grants Total Income Gross Profit Expense 5000 · Nursery consumables 5010 · Weekly food 5020 · Equipment for everyday use 5025 · Printing 5000 · Nursery consumables - Ot... Total 5000 · Nursery consumables 5011 · Cleaning / Sanitizing 5030 · Nursery equipment 5070 · Costs of Fundraising 5071 · Goods purchased for resale 5073 · Costs of events Total 5070 · Costs of Fundraising 6000 · Office expenses 6005 · Telephone and internet 6010 · Supplies 6015 · Postage 6025 · Software 6050 · Office equipment 6000 · Office expenses - Other Total 6000 · Office expenses 6100 · Equipment Rental 6200 · Premises expenses 6210 · Heat and light 6211 · Water 6213 · Windowcleaning 6220 · Cleaning equipment 6225 · Refuse disposal 6200 · Premises expenses - Other Total 6200 · Premises expenses 6300 · Insurance Expense 6400 · Miscellaneous Expense |
Sep '20 - Aug 21 |
|---|---|
| 80,557.47 83,426.31 5,596.73 169,580.51 1.25 1,498.70 108.00 1,606.70 1,750.00 1,750.00 259.00 233.69 27.54 520.23 614.68 4,858.68 |
|
| 178,932.05 | |
| 178,932.05 1,312.44 3,972.46 44.79 3.50 5,333.19 205.19 5,029.20 55.00 65.72 120.72 1,257.91 482.48 12.98 242.80 423.15 582.63 3,001.95 120.00 4,933.04 837.82 65.00 313.08 1,358.58 4,398.22 11,905.74 3,490.24 348.22 |
Page 1
2:04 PM
02/02/23 Accrual Basis
Brambles Nursery Profit & Loss September 2020 through August 2021
| 6500 · Staff costs 6510 · Gross wages 6511 · Employers national insura... 6512 · Employers pension contri... 6540 · Training costs 6500 · Staff costs - Other Total 6500 · Staff costs 6600 · Professional Fees 6610 · Accountant 6615 · Ofsted costs 6600 · Professional Fees - Other Total 6600 · Professional Fees 6690 · Reconciliation Discrepancies 6700 · Repairs and Maintenance 8000 · Bad debt Total Expense Net Ordinary Income Other Income/Expense Other Income 6900 · Furlough Grant Total Other Income Net Other Income Profit for the Year |
Sep '20 - Aug 21 |
|---|---|
| 151,743.12 1,240.12 1,984.68 2,489.74 152.77 157,610.43 1,428.00 220.00 -29.75 1,618.25 0.11 154.55 -240.41 |
|
| 188,697.38 | |
| -9,765.33 2,037.97 |
|
| 2,037.97 | |
| 2,037.97 | |
| -7,727.36 |
Page 2
REGISTERED COMPANY NUMBER: 06925627 (Eiigl#niJ #nd Wales) REGISTERED CHARITY NUMIIER: 1135817 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 FOR THF. BRAMBLES NURSERY & CHILDRENS CENTRE LTD Greenwood Wilson lThe Old School The Stennack St Ives Cornwall TR26 IQU
THE BRAMBLES NURSIRY & CHILDRENS C.ENTRE LTD CONTENTS OFTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 Page Report of the Trustees Indepcndent Examiner's Report Statement of Financi81 Actiyilies Ilalance Sheet Notes to the Financial Statements Detailed Statement of FiDaDcial Activities 12
THE BRAMBLES NURSERY & CHILDRENS CENTRE LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021 T1ie trustees who are also director5 of tlie charity for the purposes of the Companies Act 2006, present theii. report witli the fiiian¢ial statemcnts of tl)¢ eliarity for the year ended i l AugLlSt 2021. The irust¢e5 have adopt¢d the provisions of Accountiftg and Reporttng by Chartties.. Stateinent of Recoinmended Prdctice applicable to charitics preparng their accounts in accordance wttli the Finartcial Reporting Standard applicable in the UK and Republic of Ireland {FRS 10?) (effectiv¢ l January ?019}. OBJECTIVIS AND ACTIVITIES Objec¢ive5 8nd aims The objective of the charity is to provide good quality wrap around child care for ages 3 monihs to 4 years in Éhe St Just area. The charity operate5 thc Brambles Nursery &nd Children's Centre opening from 8am to 5.30 pm on most days subject to demand. The average ses5ton size is about 22 children . Significant activities Expansion into the whole Centre ha5 incr¢ased attendance at ihe seiiing which has required additional staff during the year and as last year many of the sessions are at capacity. Continued upgrdding and replacement of the play equipment has tsken place providivg an enhanced leaming area. ACHIEVEMENT AND PERFORMANCE Charitable activities Sepreinber 2020 started with many of our children lerning even though they had not attended through the summer tertn due to the Covid 19 pandeinsc. We were further very busy with enquiries from new faimilies looking for places. Over the year we became busier and busier with babies and toddler5 eDquiring an(Vor starting. The January 2021 lo¢kdown effected th¢ nursery slightly. We furlougi)ed 2 staff ( I due lo pregnancy and I due to injury ) when some parents kepi their children off. As confidence within paFents s?rew the children retumed. Those children who did not aiiend were sent home some work so they could keep in touch with the topics ai Bramble5 and zoom m¢etiRgs were set up for the thildren io keep in ioucli wilh their friends. More improvements were made to the building with a bggY shed being built. a new gate to ensure a one way system as w¢ll as all the other cllteria required during Covid. To ensure the safety of the children a new electric entry system was installed and all the staff now have a fob io pern)it entry and exit fi'om each room and the building tiself. The council paid the difference of children attendiT&V settings of the autL¢mn ierni 2019 and autumn ten7] ?020, for us thi5 Ineant an additional paymeni of £10,000. FINANCIAL REVIEW Reserves policy The trustee5 hold reserves sufficient to fund future large scale maintenance of the property, which is owned, and to guard against chanues in the goveTninent funding regimes. It a150 allow5 flexibility in cases of hardship and the smoodiing of short term cost fluctuations. STRUCTURE, GOVERNANCE AND MANACEMEIYT Governing doeument The charity is controlled by Éts goveming document. a deed of trusL and ¢onstitute$ 8 limiied company, limited by guarantee. as defined by the Companie5 Act 2006. Recruitment and appoiTltment of trustees New irusiees are appoinied by a process of g¢tiv¢ entt2tsement with the staff and parents together with dir¢¢t approach to individuals we think could ofyer expertise or experience in the governance of the llursery. REFERENCE AND ADMINISTRATIVE DETAILS Registercd Company number 06925627 (England and Wales)
THE BRAMBLES NURSERY & CHILDRENS CENTRE LTD REPORTOF THC TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021 Registered Charity number 1135817 Registered ol¢C The Old Scliool The Siennatk St Ives Comwall TR26 IQU Trustees D C Stevens Engineer (resigned 231912021) Mrs S R Tieken Secretary Ms S J Popp Trustee Ms F J Cock Trustee C S Denly (appointed 221912021) F M Tucker (appoinied 221912021) Mrs E Davies (appointed 2219120?1) S M R Russel (appointed 221912021) Company Secretary Mr5 S R Tiek¢n Independent Examiner Gr¢¢nwood Wilso The Old School The Siennack St Ives Cornwall TR26 IQU Approved by order of the board of trustees on 19 May 2022 and s?gned on its b¢half by.. C S Denly- Trustee Page 2
INI)F.PENDFNT F,XAMINF.R'S REPORT TO THE TRUSTEES OF THF. BRAMBLF.S NURSF.RY & CHILI)RENS CF.NTRE LTD Independent examiner's report to the trustees of The Brambles Nursery & Children5 Ccntre Ltd ('the Company,) I repon to die charity tru51ees on my examination of the accounts of the Coinpany for the year ended 31 Augus(2021. Responsibililies avd basis of report As the charity s trustees of ihe Coinpany (and also its direciors for t]ie purposes of compaTky law) you are re5pon5ible for the prepardtion of the accounts in accordance with the requiretnents of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audit¢d under Part 16 of ihe 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under seciion 145 of the Charities Act 2011 Cihe 2011 Act'}. In carrying out my exajnination I have followed the Direciions given by the Charity Comrnission under section 14515) (b) of the 2011 Act. Indcpendent ex8miner's ststement I have completed my examination. I confirni ihat TJO matters have come to my attention ill conne70 with the examEnaiion giving me cause io believe.. accounting records were not kept In respect of the Company as required by section 386 of the 2006 Aci. or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any Tequirernent that the accounts glve a true and fair view whi¢h is not a matter considered as part of an independent examinat20n,' or the accounts have not been prepared in accor(lance with the methods and principle5 of the Statement of Recommended Practice for accounting and reporting by charlties (applicable io charities prep2ring their accounts in accordance Wth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)). have no concerns and have coine across no other matter5 in Connect0 with the examination to whi¢h att¢ntion should be drnwn in this report in order to enable a proper understand2Rg of the accounts to be reached. Mr P Brotheridge Greenm'ood Wilson The Old Schotsl The St¢nnack Si Ives . Cornwall TR26 IQU 19 May 2022 Page 3
THE BRAMBLES NURSERY & CHILDRENS CENTRE LTD STATEMENT OF FINANCIAL ACTIVITIES FOR'fHE YEAR ENDED 31 AUGUST 2021 2021 Unrestri¢icd fund 2020 Total fund5 Note5 INCOME AND ENDOWMENTS FROM Donaiions and legacies 10,254 18,654 Chgritsble activities Cost of providing facilities in fvrtherdnce Of charitys objeciive5 Nursey fec income 999 169,581 178,581 Other trading activities Investment income 520 314 1,796 402 Total 181.668 199,433 EXPENDITURE ON Chxritablc aetivitles Cost of prgvtding facilitte5 in furtherance of charity's objectives 184.976 185,544 PIET INCOMEI{EXPENDITURE) (3,308) 13,889 RECONCILIATION OF FUNDS Total funds brought fov+v2rd 53),907 520,018 TOTAL FUNDS CARRIED FORWARD 530,599 53J,907 The notes fom part of these financial staiements Page 4
THE BRAIMBLES N'URSERY & CHILDRENS CENTRE LTD IIALANCE SHEET 31 AUGUST 2021 2021 Unrestricted fund 2020 Total funds Notes FIXED ASSETS Tangible assets 10 405,174 402,295 CURRENT ASSETS Debtors Cash at bank and in hand 8,538 123,772 7,759 125.8i4 132.310 lJJ,593 CREDITORS Amounts falling due iyithin one year 12 (6,885) (1,981) NET CURRENT ASSETS 125,425 131,612 TOTAL ASSETS LESS CURRENT LIABILITIES 530,599 533,907 NET ASSETS 530.599 533.907 FUNDS Unrestrscted funds 13 530.599 533,907 TOTAL FUNDS 530.599 533,907 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for th¢ year ended 31 August 2021. The members have nol required the company to obtain an audit of its financial staternents for the year ended 31 August 2021 in a¢cordaRce with Section 476 of the Compafties Act 2006. The trustees acknowledge their responsibililies for (a) ensuring that the charitable company keeps accounting rordS that comply ivith Sectioiis 386 and 387 of the Companie5 Act 2006 and preparing financial siatements which give a Iru¢ and fair view of th¢ state of afyairs of the charirable company as ai the end of each financial year and of its surplus or deficir for each fiDan¢ial year in accordance with the requiremen15 of Sections 394 and 395 and which otherwise Comply witli the requireinents of the Compani¢s Acl 2006 relaling to financial 5tateinents, so far as applicable to the charitable con)pany. (b) These fingncikl statements have been prepared in accordance with the provisions applicable to charitable ¢ompanies Subject to the small cornpanie5 regime. The ftnancial siaternents iyere appmved by the Board of Trustees and authorised for issue on 19 May 2022 and wert signed on its behalf by.. C S D¢nly- Trustee The notes form pmrt of these finan¢ial stAt¢ments
THE BRAMBLES NURSERY & CHILDRENS CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ACCOUP4TIP4G POLICIES Basis of preparing tlie fin3ncial Statements The financial statements of ilie charitable eoinp8ny, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'A¢counting and Reportijig by Charities.. Stateinent of RecoTnmended Practice applicable io charilies preparing their ac¢ounls ID accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) {elYeetive l January 2019}', Financial Reporting Siandard 102 The Financial Reporting Standard applicable ITr the UK and Republic of Ireland. and the Companies Act 2006. '1'he fjnancial statemei)ts l)ave been prepared under the historieal Cost convention. Income All income is recognised in ihe Siatement of Finan¢ial Activities once the ¢harity has entitltmeni (o the funds, it is probable that the inctsTre will be received and the amount can be measured reliably. Expcnditurc Liabilities are reeognised as expenditure as soon as ihere is a legal or constructive obligation commsttin the harity to that expenditure, it 15 probable thkt a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expellditure is accounted for on an accruals basis and has been classified under headings ihat aggregate all c05t related to the calegory. Wliere 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 aF]nual rdtes in order to write off each asset over its estimated usefvl Plant and machinery l O•/0 on reducing balance Taxation The charity is exempt from corporaiion t&¥ on it5 charitable actÉviti¢s. 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 restricied purposes wiihin the objects of the charity. Restriciions arise when specified by the donor or when funds are rdised for partE¢ular restricted puryoses. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other p05t-retirement benefits The charitable cojnpany operates a defined tontribution pensioTt scheme. Contributions payable to the cliaritable cotnpany's pension scheme are charged to the Statement of Finan¢iaS Activitie5 tn the period to which they relate. Page 6 continued...
THE BRAMBLES NURSERY & CHILDRENS CENTRE LTD NOTES TO THF. FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED31 AUGUST 2021 DONATIONS AND LEGACIES 2021 2020 Parent donations Grants 1,607 8,647 404 18,250 10,254 18,6)4 Grartts received, included in the above, are a5 follows= 2021 2020 Comwall Council Coroftavirns job rententlOIl scheme Tesco's Bag for Life Grant Early Years Alliance Gran 1,750 6,897 17,000 500 750 8,647 18,250 OTHER TRADING ACTIVITIES 2021 2020 Fundraising events General fundraisin 520 1.719 77 520 1,796 INVESTMENT INCOME 2021 2020 Deposit account interest 314 402 INCOME FROM CHARITABLE ACTIVITIES 2021 2020 Activity C95t of providing fa¢ilitie5 in fisrtheranee or charity's objective5 Nursey fee income Nvrsery fees- Parents Nursery fees- Paret)ts Nursery fees- CoTnwall Council 999 86.155 43.186 Nursey fee income 83,426 lJ5,395 170,580 178,581 Page 7 continued...
THE BIIAMBLES NURSERY & CHILDRENS CENTRE LTD NOTF.S TO THf FINANCIAL STATEMF.NTS- continued FOR THE YEAR F.NDED 31 AUGUST 2021 NET INCOMEI{EXPENDITURE) Net incomellexpenditure) 15 Stated after cl)argingl(crediting)'. 2021 2020 DepreeiaÉion- owned 2ssets 2,218 1,898 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefit5 for the year ended 31 August 2021 nor for the year ended 31 August 2020. Trn5tees' expenses There were no 31 August 2020. trustees, expenses paid for the year ended il August 2021 nor for the year ended STAFF COSTS The average Inonthly number of employees during the year was as follow5.. 2021 15 2020 15 NrSery staff No employees received emoluments in excess of £60.000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacie5 18,654 CharÈtable Activities Nur5ey fee income 178,581 Other irdding activities IE]vesttnent incoffle 1,796 402 Total 199,433 EXPENDITURE ON Charitablc activities Cost of providino facilities in funherallce or haritys objectives 185,544 NET INCOME 13,889 RECONCILIATiof4 OF FUNDS Total funds brought fonvard 520,018 Pag¢ 8 continued...
THE BRAMBLES NURSERY & CHILDRENS CENTRE LTD NOTF.S TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 AUGUST 2021 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- Continued Uni'estricied fund TOTAL FUNDS CARRIED FORWARD 533.907 io. TANGIBLE FIXED ASSETS Long leasehold Plant and machinery Totals COST Ai I Sepiember 2020 Additions 385.214 24,736 5.097 409,950 5,097 At 31 August 2021 385,214 29,833 415,047 DEPRECIATION At I S¢ptember 2020 Charge for year 7,655 2,218 7.655 2,218 At 31 August 2021 9,873 9,873 NET BOOK VALUE At 31 August 2021 385,214 19,960 405,174 Ai 31 August 2020 385,214 17,081 402,295 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Trade dcbtors Other d¢btor5 8.538 6,540 1.219 7.759 Page 9 eontinued...
T14F. IIIIAMBLES NURSF.RY & CHILDIIF.NS CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED31 AUGUST 2021 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Trade creditors Social security and other taxes Acctuals 11 nd deferted income 1,891 4262 732 553 1,428 6,885 1,981 13. MOVEMENT IN FUNDS Net movement in funds At 3118121 At 119120 Unrestricted funds General fund 533.907 (3,308) 530,599 TOTAL FUNDS 533,907 (3,308) 530,599 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fvnd 181,668 (184,976) (3,308) TOTAL FUNDS 181,668 (184,976) (3.308) Comparatives for movement in funds Net movement in fund5 At 3118120 At 119119 Unrcstricted funds General nd 520.018 13.889 533,907 TOTAL FUNDS 520.018 13,889 533,907 Page 10 continued...
THE BRAMBLES NiiRSERY & CHILDRCNS CENTRE LTD NOTES TO THE FINAf4CIAL STATEMENTS- continued FOR THE YEAR ENDED 31 AUGUST 2021 13. MOVEMENT IN FUNDS- Contined Comparativ¢ net moveinent in funds, included in ihe above are as folloM'5.- Incoming resource5 Resources expei)ded Movement in funds Unrcstrieted funds Gencrdl fund 199,433 (185.544) 13,889 TOTAL FUNDS 199.433 {185,544) 13,889 A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 3118121 Ai 119119 Unrestricted funds General fund 520,018 10,581 530,599 TOTAL FUNDS 520,018 10,581 530,599 A current year 12 monihs and prior year 12 months combined net movement in funds, included in the above are as follow5.. Incoming resources Resources expended Movement in ndS Unrestrieted funds General fvnd 381,101 (370,520) 10.581 TOTAL FUNDS 381,101 (370,520) 10.581 14. RELATED PARTY DISCLOSURES The were no related parry transactions for the year ended 31 August 2021. Page 11
THE BIIAMBLES NURSERY & CHILDRENS CENTRE LTD DC4TAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021 2020 INCOME AND ENDOWMF,NTS Donations and legacies Parent donations Grants 1,607 8,647 404 18,250 10,254 18,654 Other tfgding activittes Fundraising events General tundraising 520 1,719 77 520 1,796 Inve$tment incorne Deposit account inÉere 314 402 Charitable a¢tivTrtie5 Nursery fees- Parents Nursery fees- Cornwall Council 87,154 83,426 43,186 135,395 170,580 178,581 Total ineoming resourtes 181,668 199,433 EXPENDJTURE Charitable activities Wages Social security Pensions Rates and water Insurance Light and heat Telephone Postage and stationery Sundrics Repairs and renewals Laundry and cleaning Training Costs Fulldraising Costs Food Accountancy Ofsted costs Bad D¢btS Plant and machinery 151,903 841 1,985 13J,403 1,894 1,651 3,789 1,258 1,241 1.018 9.060 2,874 2,490 121 1.316 732 220 (418) 2,218 4,316 1,265 1,216 26.062 1,869 956 580 2,166 720 220 1179) 1,898 184,976 185.544 Total resourees expended 184,976 185,544 Net (expendltllre)/ineome ().308} 13,889 This page does not fomi part ofthe statutory financial statements Page 12