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2021-07-31-accounts

Company registration number: 07299073 Charity registration number: 1137119

Streatley Hill Pre-School

(A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 31 July 2021

AIMs Accountants for Business Twitchen Odiham Road Riseley Berks RG7 1SD

Streatley Hill Pre-School

Contents

Reference and Administrative Details 1
Trustees' Report 2
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 19

Streatley Hill Pre-School

Reference and Administrative Details

Chairman Iman Khonji Trustees Mark McDonald, Company Secretary Gemma Jenkins FCCA, Treasurer Rebecca McDonald, Human Resources Catherine Fox

The Coombe Principal Office Streatley Reading Berkshire RG8 9QL The Coombe Registered Office Streatley Reading Berkshire RG8 9QL The charity is incorporated in England. Company Registration Number 07299073 Charity Registration Number 1137119 Independent Examiner AIMs Accountants for Business Twitchen Odiham Road Riseley Berks RG7 1SD

Page 1

Streatley Hill Pre-School

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 July 2021 .

Charity Name

Streatley Hill Pre-School

Charity Registration Number

1137119

Company Registration Number

Streatley Hill Pre-School is a company limited by guarantee, with company number 07299073

Principle Office

The Coombe, Streatley, Reading, RG8 9QL

Trustees on Date Report Approved

The Trustees as at the date of signing of the Annual Report are:

The above Trustees are also directors of the company.

Trustees for the Financial Year to 31 July 2021

The following Trustees resigned:

(Resigned October 2020) (Resigned October 2020)

Page 2

Structure, Governance and Management

Governing Document

The organisation is a charitable company limited by guarantee incorporated on 14 June 2010. The company was established under a Memorandum of Association and is governed under its Articles of Association.

Recruitment and Appointment of Trustees

The Trustees are appointed by election from the parent members of the Pre-school in accordance with the requirements of the Articles of Association.

Objectives and Activities

Objectives

Streatley Hill Pre-School provides Early Years Education for children aged 2-5. Our charity’s main purposes, as set out in the objectives contained in the company’s Articles of Association, are to enhance the development of children under statutory school age by offering appropriate play, education and care facilities.

Activities

With the challenges facing the education sector due to the Covid-19 pandemic, the Pre-school operated on a reduced timetable, furloughing a number of staff but still managed to keep doors open throughout the ongoing pandemic, working within the government guidelines, and resuming a fully operational timetable once permitted. Student numbers remained lower than pre-pandemic as parents remained cautious about sending their children into any setting and use of two settings was still prohibited by government guidelines.

As government restrictions began to lift, resuming our pre-Covid timetable became financially viable, we were delighted to revert to near-normal operations:

Despite the challenges presented through the Covid-19 pandemic, including the cancellation of many social and fundraising events, fundraising continued enthusiastically with the help of members of the Pre-School. Local businesses continued to support us, acting as shop outlets for various fundraising activities.

We also managed to help support our SEND children with extra funding and additional staff, despite the challenges Covid-19 posed. This is a big achievement thanks to all staff and especially our Pre-school SENCO.

Page 3

At the end of our Summer Term, three members of staff resigned to pursue other opportunities, and we thank them for their service and accomplishments during their respective times at the Pre-School. Our Committee promptly began the recruitment process to fill the vacancies, on track to complete successfully during the Summer break.

Achievements and Performance

Children

Children always come first at Streatley Hill Pre-School and we have continued to ensure their safeguarding through ongoing compliance with regulations, and up-to-date training for staff and Committee members. We monitor and ensure all DBS checks are updated when renewal is due.

Beyond this, our priority has been to ensure it has been safe for children, staff, and parents/carers to attend the Pre-school. The Committee and staff have continually reviewed, and updated risk assessments as new government advice arose, and have invested in new equipment and materials, where appropriate.

Community

The Pre-school continued to build and strengthen relationships with the local community, and with the continuing pandemic, has had to rely on these relationships to a large degree for support.

The Committee has continued to raise the profile of the Pre-school locally through articles in the Goring Gap News, and have worked closely with local contractors when maintenance work has been required.

Financial Review

General

The Pre-school has continued to strengthen its financial position to provide the stability required to secure the short and medium-term future of the operations. This, despite the unique challenges presented during the year which include; increased costs to operate safely in a pandemic; a sustained reduction in attending children during the pandemic; a decline in income from voluntary contributions and voluntary supplements; and a challenging fundraising environment.

Key achievements that we are immensely proud of:

Page 4

Grant Funding

The Pre-school secured five separate grants totalling £8,441:

At 31 July 2021, £1,333 was held in a separate ring-fenced bank account. An amount of £1,333 is included in Deferred Income at the year end, representing the grant awards not fully spent during the financial year.

Reserves

The Trustees have examined the charity’s requirements for reserves in light of the main risks faced by the organisation. These are set out in an established Finance Policy and comprise:

On the above basis, required reserves at 31 July 2021 were £79,000. The Pre-school satisfied this requirement, holding its reserves in a separate, dedicated bank account.

Fees

The Finance committee has a responsibility to ensure our ability to meet future costs from our future income is preserved. Accordingly, a thorough annual review of our fees was concluded in March 2021 where it was decided that there would be no increase to our hourly fees. Small increases were applied to our Registration fee, Voluntary Contributions and Voluntary Supplements.

Page 5

2021-22 Funding Priorities

The Trustees are committed to maintaining the strong financial health of Streatley Hill Pre-school and will continue to accumulate the designated contingency.

From September 2021, the West Berkshire Early Years Team are implementing a deficit recovery plan. This means that our Local Authority funding rates will reduce year on year for the next five years. The pressure to balance a reduction in income with increasing costs is already immense in the Early Years Sector but we will continue to work hard to overcome the challenges presented. We will do this by continuing to provide a great setting for the children, being financially diligent and with the continued support of the wonderful community within which we operate.

The annual report was approved by the Trustees of the charity on 14 September 2021 and signed on its behalf by:

_____ Gemma Jenkins FCCA Trustee

Page 6

Streatley Hill Pre-School

Independent Examiner's Report to the trustees of Streatley Hill Pre-School

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 July 2021 which are set out on pages 8 to 19.

Respective responsibilities of trustees and examiner

As the charity’s trustees of Streatley Hill Pre-School (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of Streatley Hill Pre-School are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of Streatley Hill Pre-School as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

...................................... Andy Eagles ACMA Twitchen Odiham Road Riseley Berks RG7 1SD

14 September 2021

Page 7

Streatley Hill Pre-School

Statement of Financial Activities for the Year Ended 31 July 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Other trading activities
4
Investment income
5
Other income
6
Total income
Expenditure on:
Charitable activities
7
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
14
Note
Income and Endowments from:
Donations and legacies
3
Other trading activities
4
Investment income
5
Other income
6
Total income
Expenditure on:
Charitable activities
7
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
14		 Unrestricted
funds
£
14,041
80,460
7
6,729
101,237
(93,065)
(93,065)
8,172
8,172
198,077
206,249
Unrestricted
funds
£
17,593
75,426
116
242
93,377
(91,709)
(91,709)
1,668
1,668
196,409
198,077		 Unrestricted
funds
£
14,041
80,460
7
6,729		 Total
2021
£
14,041
80,460
7
6,729
101,237 101,237
(93,065) (93,065)
(93,065) (93,065)
8,172 8,172
8,172
198,077		 8,172
198,077
206,249 206,249
Total
2020
£
17,593
75,426
116
242
93,377
(91,709)
(91,709)
1,668
1,668
196,409
198,077

All of the charity's activities derive from continuing operations during the above two periods.

The funds breakdown for 2021 is shown in note 14.

Page 8

Streatley Hill Pre-School

(Registration number: 07299073) Balance Sheet as at 31 July 2021

Note
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
12
Creditors: Amounts falling due within one year
13
Net current assets
Net assets
Funds of the charity:
Unrestricted income funds
Unrestricted funds
Total funds
14		 2021
£
99,987
1,304
108,022
109,326
(3,064)
106,262
206,249
206,249
206,249		 2020
£
110,353
774
88,036
88,810
(1,086)
87,724
198,077
198,077
198,077

For the financial year ending 31 July 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements on pages 8 to 19 were approved by the trustees, and authorised for issue on 14 September 2021 and signed on their behalf by:

.........................................

Gemma Jenkins FCCA Trustee

The notes on pages 10 to 19 form an integral part of these financial statements.

Page 9

Streatley Hill Pre-School

Notes to the Financial Statements for the Year Ended 31 July 2021

1 Charity status

The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

The address of its registered office is: The Coombe Streatley Reading Berkshire RG8 9QL The principal place of business is: The Coombe Streatley Reading Berkshire RG8 9QL

These financial statements were authorised for issue by the trustees on 14 September 2021.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by 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 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

Basis of preparation

Streatley Hill Pre-School meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Page 10

Streatley Hill Pre-School

Notes to the Financial Statements for the Year Ended 31 July 2021

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £100.00 or more are initially recorded at cost.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

No depreciation is provided in the year of addition.

Asset class Depreciation method and rate Freehold Property 5% straight line basis Fixtures & Fittings 25% straight line basis

Page 11

Streatley Hill Pre-School

Notes to the Financial Statements for the Year Ended 31 July 2021

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Foreign exchange

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are reported at the rates of exchange prevailing at that date.

The results of overseas operations are translated at the average rates of exchange during the period and their balance sheets at the rates ruling at the balance sheet date. Exchange differences arising on translation of the opening net assets and results of overseas operations are reported in other comprehensive income and accumulated in equity (attributed to non-controlling interests as appropriate).

Other exchange differences are recognised in the Statement of Financial Activities in the period in which they arise except for:

1) exchange differences on transactions entered into to hedge certain foreign currency risks (see above);

2) exchange differences arising on gains or losses on non-monetary items which are recognised in other comprehensive income; and

3) in the case of the consolidated financial statements, exchange differences on monetary items receivable from or payable to a foreign operation for which settlement is neither planned nor likely to occur (therefore forming part of the net investment in the foreign operation), which are recognised in other comprehensive income and reported under equity.

Page 12

Streatley Hill Pre-School

Notes to the Financial Statements for the Year Ended 31 July 2021

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Page 13

Streatley Hill Pre-School

Notes to the Financial Statements for the Year Ended 31 July 2021

Debt instruments

Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:

(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.

(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.

(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).

(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.

(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.

(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).

Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.

With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.

Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.

Investments

Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.

Page 14

Streatley Hill Pre-School

Notes to the Financial Statements for the Year Ended 31 July 2021

Derivative financial instruments

The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

3 Income from donations and legacies

Grants, including capital grants;
Grants from other charities
Regular giving and capital donations
Total for 2021
Total for 2020		 Unrestricted
funds
General
£
7,108
6,933
14,041
17,593		 Total
funds
£
7,108
6,933
14,041
17,593

4 Income from other trading activities

Trading income;
Sales of goods and services
Total for 2021
Total for 2020		 Unrestricted
funds
General
£
80,460
80,460
75,426		 Total
funds
£
80,460
80,460
75,426

Page 15

Streatley Hill Pre-School

Notes to the Financial Statements for the Year Ended 31 July 2021

5 Investment income

Interest receivable and similar income;
Interest receivable on bank deposits
Note
Total for 2021
Total for 2020
6 Other income
Other income
Total for 2021
Total for 2020
7 Expenditure on charitable activities
Charitable activities
Wages and salaries
Staff training
Rent and rates
Light, heat and power
Insurance & Services
Repairs and maintenance
Equipment and Materials
Telephone and fax
Printing, postage and stationery
Trade subscriptions
Sundry expenses
Cleaning and PPE
Canteen
Fund Raising Activities
Accountancy fees
Legal and professional fees
Bank charges
Depreciation of freehold property
Depreciation of fixtures and fittings
Total for 2021
Total for 2020		 Unrestricted
funds
General
£
7
7
116
funds
£
91,709
Unrestricted
funds
General
£
6,729
242
6,729
(93,065)
General
(981)
(61,642)
(5,647)
(4,144)
(2,975)
(3,245)
(93)
(9,385)
Unrestricted
(579)
(496)
(307)
(761)
(369)
(375)
(787)
(787)
(313)
(86)
(93)		 Total
funds
£
7
7
116
Total
funds
£
6,729
6,729
242
Total
funds
£
91,709
(93,065)
(981)
(61,642)
(5,647)
(4,144)
(2,975)
(3,245)
(93)
(9,385)
(579)
(496)
(307)
(761)
(369)
(375)
(787)
(787)
(313)
(86)
(93)

Page 16

Streatley Hill Pre-School

Notes to the Financial Statements for the Year Ended 31 July 2021

8 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

9 Taxation

The charity is a registered charity and is therefore exempt from taxation.

10 Tangible fixed assets

Cost
At 1 August 2020
At 31 July 2021
Depreciation
At 1 August 2020
Charge for the year
At 31 July 2021
Net book value
At 31 July 2021
At 31 July 2020
11 Debtors
Prepayments
12 Cash and cash equivalents
Cash at bank
13 Creditors: amounts falling due within one year
Other creditors
Accruals		 Land and
buildings
£
187,700		 Furniture and
equipment
£
12,879
12,879
9,936
981
10,917
1,962
2,943
2021
£
1,304
2021
£
108,022
2021
£
1,333
1,731
3,064		 Furniture and
equipment
£
12,879
12,879
9,936
981
10,917
1,962
2,943
2021
£
1,304
2021
£
108,022
2021
£
1,333
1,731
3,064		 Total
£
200,579
200,579
90,226
10,366
100,592
99,987
110,353
2020
£
774
187,700 12,879
80,290
9,385		 9,936
981
89,675 10,917
98,025 1,962
107,410 2,943
2021
£
1,304
2021
£
108,022
2021
£
1,333
1,731
3,064
2020
£
88,036
2020
£
-
1,086
1,086

Page 17

Streatley Hill Pre-School

Notes to the Financial Statements for the Year Ended 31 July 2021

14 Funds

14 Funds
Unrestricted funds
General
Unrestricted funds
General		 Balance at 1
August 2020
£
198,077
Balance at 1
August 2019
£
196,409		 Incoming
resources
£
101,238
Incoming
resources
£
93,377		 Resources
expended
£
(93,066)
Resources
expended
£
(91,709)		 Balance at 31
July 2021
£
206,249
Balance at 31
July 2020
£
198,077

15 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets
16 Analysis of net funds
Cash at bank and in hand
Net debt		 At 1 August
2020
£
88,036
88,036		 Unrestricted
funds
General
£
99,987
109,326
(3,064)
206,249
Unrestricted
funds
General
£
110,353
88,810
(1,086)
198,077
Financing cash
flows
£
19,986
19,986		 Total funds at
31 July
2021
£
99,987
109,326
(3,064)
206,249
Total funds at
31 July
2020
£
110,353
88,810
(1,086)
198,077
At 31 July
2021
£
108,022
108,022

Page 18

Streatley Hill Pre-School

Notes to the Financial Statements for the Year Ended 31 July 2021

Cash at bank and in hand
Net debt		 At 1 August
2019
£
74,135
74,135		 Financing cash
flows
£
13,901
13,901		 At 31 July
2020
£
88,036
88,036

Page 19

Streatley Hill Pre-School

Statement of Financial Activities by fund for the Year Ended 31 July 2021

Unrestricted Funds

Unrestricted Funds
Income and Endowments from:
Donations and legacies
Other trading activities
Investment income
Other income
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Total
Unrestricted
Funds
2021
£
14,041
80,460
7
6,729
101,237
(93,065)
(93,065)
8,172
8,172
198,077
206,249		 Total
Unrestricted
Funds
2020
£
17,593
75,426
116
242
93,377
(91,709)
(91,709)
1,668
1,668
196,409
198,077

This page does not form part of the statutory financial statements. Page 20

Streatley Hill Pre-School

Detailed Statement of Financial Activities for the Year Ended 31 July 2021

Income and Endowments from:
Donations and legacies (analysed below)
Other trading activities (analysed below)
Investment income (analysed below)
Other income (analysed below)
Total income
Expenditure on:
Charitable activities (analysed below)
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Total
2021
£
14,041
80,460
7
6,729
101,237
(93,065)
(93,065)
8,172
8,172
198,077
206,249		 Total
2020
£
17,593
75,426
116
242
93,377
(91,709)
(91,709)
1,668
1,668
196,409
198,077

This page does not form part of the statutory financial statements. Page 21

Streatley Hill Pre-School

Detailed Statement of Financial Activities for the Year Ended 31 July 2021

Donations and legacies
Committed giving
Grants - other agencies
Other trading activities
Fees and supplies
Investment income
Interest on cash deposits
Other income
Other income
Charitable activities
Wages and salaries
Staff training
Rent and rates
Light, heat and power
Insurance & Services
Repairs and maintenance
Equipment and Materials
Telephone and fax
Printing, postage and stationery
Trade subscriptions
Sundry expenses
Cleaning and PPE
Canteen
Fund Raising Activities
Accountancy fees
Legal and professional fees
Bank charges
Depreciation of freehold property
Depreciation of fixtures and fittings		 Total
2021
£
6,933
7,108
14,041
80,460
80,460
7
7
6,729
6,729
(61,642)
(496)
(307)
(579)
(5,647)
(4,144)
(2,975)
(761)
(369)
(375)
(787)
(3,245)
(93)
(787)
(313)
(86)
(93)
(9,385)
(981)
(93,065)		 Total
2020
£
11,154
6,439
17,593
75,426
75,426
116
116
242
242
(65,377)
(502)
(470)
(970)
(5,818)
(4,813)
(1,467)
(390)
(176)
(248)
(364)
-
(136)
(135)
(312)
(65)
(100)
(9,385)
(981)
(91,709)

This page does not form part of the statutory financial statements. Page 22

Virtual Cabinet Portal Digital Signatures

Digital Signature Verification

You can verify that this is a genuine Virtual Cabinet Document Portal signed document by uploading it to the following secure web page:

https://www.virtualcabinetportal.com/VerifySignedDocument

Signature Dates and Times

All dates and times shown in the signatures below are expressed in Coordinated Universal Time (UTC), which is generally equivalent to GMT. You can find out more about UTC at the following web page:

http://www.virtualcabinetportal.com/WhatIsUTC

Signature 1

Signed by Shelley Smith using authentication code b20qZFpJPiV3bmdL at IP address 2.216.183.67, on 2021/10/12 19:24:14 Z.

Shelley Smith's e-mail address is: treasurerstreatleypreschool@gmail.com.