| Pages | |||
|---|---|---|---|
| Trustees' Annual Report |
2to3 | ||
| Independent Examiner's |
Report | ||
| Statement of Financial Activities | |||
| Summary Income and Expenditure |
Account | ||
| Balance Sheet | |||
| Statement ofCash flows | |||
| Notes tothe Accounts | 9to 14 | ||
| Detailed Statement of Financial Activities | 15to 16 |
| Statement o forthe year |
f Financial Activiti ended 31August |
es 2021 |
|||
|---|---|---|---|---|---|
| Unrestricted | |||||
| funds | Total funds | Total funds | |||
| 2021 | 2021 | 2020 | |||
| Notes | 6 | f | |||
| Income and | endowments | ||||
| from: | |||||
| Donations | and legacies | 1 | 1 | ||
| Charitable | activities | 162,243 | 162,243 | 168,643 | |
| Investments | 4 | 4 | 67 | ||
| Other | 575 | 575 | 6,170 | ||
| Total | 162,823 | 162,823 | 174,880 | ||
| Expenditure | on: | ||||
| Charitable | activities | 4,880 | 4,880 | 4,881 | |
| Other | 150,480 | 150,480 | 186,563 | ||
| Tote I | 155,360 | 155,360 | 191,444 | ||
| Net gains on | investments | ||||
| Net income/(expenditure) | 7,463 | 7,463 | (16,564) | ||
| Transfers between funds |
|||||
| Net income/(expenditure) before other gains/(losses) |
7,463 | 7,463 | (16,564) | ||
| Other gains | and losses | ||||
| Net movement in funds |
7,463 | 7,463 | (16,564) | ||
| Reconciliation offunds: |
|||||
| Total funds brought forward | 48,780 | 48,780 | 65,344 | ||
| Total funds carried forward | 56,243 | 56,243 | 48,780 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| E | 6 | ||||
| Income | 162,819 | 174,813 | |||
| Interest and investment | income | 67 | |||
| Gross income for | the year | 162,823 | 174,880 | ||
| Expenditure | 155,360 | 191,444 | |||
| Total expenditure | forthe | year | 155,360 | 191,444 | |
| Net income/(expenditure) | before tax | ||||
| for the year | 7,463 | (16,564) | |||
| Net income /(expenditure | )for the year | 7,463 | (16,564) |
| at 31August 20 | 21 | 21 | 21 | ||||
|---|---|---|---|---|---|---|---|
| Company No. |
07359750 | Notes | 2021 | 2020 | |||
| E | E | ||||||
| Current assets | |||||||
| Debtors | 120 | 2,385 | |||||
| Cash at bank | and | in hand | 60,610 | 57,713 | |||
| 60,730 | 60,098 | ||||||
| Creditors: Amount | falling due within | one year | 12 | (4,487) | (11,318) | ||
| Net current assets | 56,243 | 48,780 | |||||
| Total assets less | current liabilities | 56,243 | 48,780 | ||||
| Net assets excluding | pension asset | or liability | 56,243 | 48,780 | |||
| Total net assets | 56,243 | 48,780 | |||||
| The funds ofthe | charity | ||||||
| Restricted funds | 13 | ||||||
| Unrestricted funds |
13 | ||||||
| General funds | 56,243 | 48,780 | |||||
| 56,243 | 48,780 | ||||||
| Reserves | 13 | ||||||
| Total funds | 56,243 | 48,780 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 6 | 6 | |||
| Cash flows from operating | activities | |||
| Net income/(expenditure) | per Statement | ofFinancial Activities | 7,463 | (16,564) |
| Adjustments for: |
||||
| Dividends, interest and |
rents from investments | (579) | (6,237) | |
| Decrease/(Increase) in trade and other |
receivables | 2,265 | (2,385) | |
| (Decrease)/Increase in trade and other |
payables | (6,831) | 9,404 | |
| Net cash provided by/(used |
in) operating | activities | 2,318 | (15,782) |
| Cash flows from investing | activities | |||
| Dividends, interest and |
rents from investments | 579 | 6,237 | |
| Net cash from investing activities |
579 | 6,237 | ||
| Net cash from financing activities |
||||
| Net increase/(decrease) in |
cash and cash | equivalents | 2,897 | (9,545) |
| Cash and cash equivalents | at the beginning ofthe year |
57,713 | 67,258 | |
| Cash and cash equivalents | at the end ofthe year | 60,610 | 57,713 | |
| Components ofcash and cash equivalents |
||||
| Cash and bank balances | 60,610 | 57,713 | ||
| 60,610 | 57,713 |
| Fund accoun | Fund accoun | ting | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | funds | These are available for use at the discretion ofthe trustees | in furtherance | of | the | |||
| general objects ofthe charity. | ||||||||
| Designated | funds | These are unrestricted funds earmarked by the trustees |
for particular purposes. |
|||||
| Revaluation | funds | These are unrestricted funds which include a revaluation |
reserve representing | the | ||||
| restatement ofinvestment assets at their market values. |
||||||||
| Restricted | funds | These are available for use subject to restrictions imposed |
by the donor or | through | ||||
| terms ofan appeal. | ||||||||
| Income | ||||||||
| Recognition | of | Income is included in the Statement of Financial Activities |
(SoFA) when the | charity | ||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the amount of | ||||||
| the income can be measured with sufficient reliability. |
||||||||
| Income with | related | Where income has related expenditure the income and |
related expenditure | is | ||||
| expenditure | reported gross in the SoFA. |
|||||||
| Donations | and | Voluntary income received by way ofgrants, donations and gifts is included |
in | the | ||||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional | ||||||
| entitlement to the income. |
||||||||
| Tax reclaims | on | Income from tax reclaims is included in the SoFA at the same time as the |
||||||
| donations | and gifts | gift/donation to which it relates. |
||||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
|||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, |
measurable and |
||||||
| material. | ||||||||
| Volunteer | help | The value of any volunteer help received is not included |
in | the accounts. | ||||
| Investment | income | This is included in the accounts when receivable. |
||||||
| Gains/(losses) on |
This includes any gain or loss resulting from revaluing investments to market |
value | ||||||
| revaluation | offixed | at the end ofthe year. | ||||||
| assets | ||||||||
| Gains/(losses) on |
This includes any gain or loss on the sale of investments. |
|||||||
| investment | assets |
| Expenditure | Expenditure | |||||||
|---|---|---|---|---|---|---|---|---|
| Recognition | of | Expenditure is recognised on an accruals |
basis. Expenditure includes |
any VAT which | ||||
| expenditure | cannot be fully recovered, and is reported |
as part ofthe expenditure | to which it |
|||||
| relates. | ||||||||
| Expenditure | on | These comprise the costs associated with |
attracting | voluntary | income, fundraising | |||
| raising funds | trading costs and investment management |
costs. | ||||||
| Expenditure | on | These comprise the costs incurred by the |
Charity in |
the delivery of its activities and | ||||
| charitable | activities | services in the furtherance ofits objects, |
including | the making | of | grants and | ||
| governance costs. |
||||||||
| Grants payable | All grant expenditure is accounted for on |
an actual | paid basis | plus | an | accrual for | ||
| grants that have been approved by the trustees at |
the end of | the | year but not yet | |||||
| paid. | ||||||||
| Governance | costs | These include those costs associated with |
meeting | the constitutional | and statutory | |||
| requirements ofthe Charity, including any audit/independent |
examination fees, |
|||||||
| costs linked to the strategic management | ofthe Charity, together | with a share of | ||||||
| other administration costs. |
||||||||
| Other expenditure | These are support costs not allocated to a particular activity. |
| 3 Statemen |
t | of F | inancial | Activities - prior year | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| funds | Total funds | ||||||
| 2020 | 2020 | ||||||
| Income and endowments | from: | ||||||
| Charitable | activities | 168,643 | 168,643 | ||||
| Investments | 67 | 67 | |||||
| Other | 6,170 | 6,170 | |||||
| Total | 174,880 | 174,880 | |||||
| Expenditure | on: | ||||||
| Charitable | activities | 4,881 | 4,881 | ||||
| Other | 186,563 | 186,563 | |||||
| Total | 191,444 | 191,444 | |||||
| Net income | (16,564) | (16,564) | |||||
| Net income before | other | ||||||
| gains/(losses) | (16,564) | (16,564) | |||||
| Other gains and losses: | |||||||
| Net movement | in funds | (16,564) | (16,564) | ||||
| Reconciliation | offunds: | ||||||
| Total funds brought | forward | 65,343 | 65,343 | ||||
| Total funds carried | forward | 48,779 | 48,779 | ||||
| 4 Income from donations |
and legacies | ||||||
| Unrestricted | Total | Total | |||||
| 2021 | 2020 |
| 5 | Income from | charitable | ac | tivities | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||||
| 2021 | 2020 | ||||||
| Nursery fees | 50,096 | 50,096 | 31,512 | ||||
| Early Years funding | 110,124 | 110,124 | 135,637 | ||||
| Otherfees | 2,023 | 2,023 | 1,494 | ||||
| 162,243 | 162,243 | 168,643 | |||||
| 6 | Income from | investments | |||||
| Unrestricted | Total | Total | |||||
| 2021 | 2020 | ||||||
| Interest | 67 | ||||||
| 67 | |||||||
| 7 | Other income | ||||||
| Unrestricted | Total | Total | |||||
| 2021 | 2020 | ||||||
| Grants | 575 | 575 | 6,170 | ||||
| 575 | 575 | 6,170 | |||||
| 8 | Expenditure | on charitable | activities | ||||
| Unrestricted | Total | Total | |||||
| 2021 | 2020 | ||||||
| Expenditure | on charitable | ||||||
| activities | |||||||
| Nursery fees | 4,880 | 4,880 | 4,881 | ||||
| Governance | costs | ||||||
| 4,880 | 4,880 | 4,881 | |||||
| 9 | Other expenditure | ||||||
| Unrestricted | Total | Total | |||||
| 2021 | 2020 | ||||||
| Employee costs | 125,081 | 125,081 | 154,613 | ||||
| Premises costs | 19,544 | 19,544 | 27,194 | ||||
| General administrative | costs | 3,571 | 3,571 | 3,768 | |||
| Legal and professional | costs | 2,284 | 2,284 | 988 | |||
| 150,480 | 150,480 | 186,563 |
| 10 Staff costs | 10 Staff costs | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Salaries Pension |
and wages costs |
123,216 | 152,667 | |||||||
| 1,663 | 1,946 | |||||||||
| 124,878 | 134,613 | |||||||||
| No employee | received emoluments | in excess off60,000. | ||||||||
| The average monthly | number offull | time equivalent | employees | during the | year was as follows: | |||||
| 2021 | 2020 | |||||||||
| Nursery | Number | Number | ||||||||
| 10 | 10 | |||||||||
| 11 Debtors | 10 | 10 | ||||||||
| 2021 | 2020 | |||||||||
| Other debtors | 6 | 6 | ||||||||
| 120 | 2,385 | |||||||||
| 12 Creditors: | 120 | 2,383 | ||||||||
| amounts | falling | due within one year | ||||||||
| 2021 | 2020 | |||||||||
| Other taxes and social Accruals and deferred |
security income |
8 390 4,097 |
6 11,318 |
|||||||
| 4,487 | 11,318 | |||||||||
| 13 Movement | in funds | |||||||||
| Incoming | ||||||||||
| resources | ||||||||||
| (including | Resources | At 31 | ||||||||
| At 1 | other | expended | August | |||||||
| September | gains/losses | 2021 | ||||||||
| 2020 | ) | |||||||||
| Restricted funds: | f | |||||||||
| Unrestricted | funds: | |||||||||
| General funds Revaluation Reserves: |
48, | 780 | 162,823 | (155,360) | 56,243 | |||||
| Total funds | ||||||||||
| 14 Analysis ofnet assets between | funds | 48,780 | 162,823 | (155,360) | 56,243 | |||||
| Unrestricted | ||||||||||
| funds | Total | |||||||||
| Net current assets | 6 | |||||||||
| 56,243 | 56,243 | |||||||||
| 56,243 | 56,243 |
| Reconciliation ofnet debt |
|||
|---|---|---|---|
| At 1 | At 31 | ||
| September | August | ||
| Cash and cash equivalents | 2020 f 57,713 |
Cash flows f 2,897 |
2021 f 60,610 |
| 57,713 | 2,897 | 60,610 | |
| Net debt | |||
| 57,713 | 2,897 | 60,610 |
| commmens under non-cancellable |
operating leases ar |
e as follows: | |||
|---|---|---|---|---|---|
| 2021 | 2021 | 2020 | 2020 | ||
| Operating leases with expiry date: |
Land and buildings f |
Other | Land and buildings f |
Other | |
| Pension commitments | |||||
| 2021 | 2020 | ||||
| The pension cost charge to the company | f | f | |||
| amounted to: |
|||||
| 17 | Related party disclosures | 1.663 | 1,946 |
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Total funds | Total funds | |||
| 2021 | 2021 | 2020 | |||
| Income and endowments | from: | f | f | f | |
| Donations and legacies |
|||||
| Charitable activities |
|||||
| Nursery fees | |||||
| Early Years funding | 50,096 | 50,096 | 31,512 | ||
| Otherfees | 110,124 | 110,124 | 135,637 | ||
| 2,023 | 2,023 | 1,494 | |||
| Investments | 162,243 | 162,243 | 168,643 | ||
| Interest | |||||
| 67 | |||||
| Other | 67 | ||||
| Grants | |||||
| 575 | 575 | 6,170 | |||
| Total income and endowments | 575 | 575 | 6,170 | ||
| Expenditure on: |
162,823 | 162,823 | 174,880 | ||
| Charitable activities |
|||||
| Nursery fees | |||||
| 4,880 | 4,880 | 4,881 | |||
| Total ofexpenditure | on charitable | 4,880 | 4,880 | 4,881 | |
| activities | 4,880 | 4,880 | 4,881 | ||
| Employee costs | |||||
| Salaries/wages | |||||
| Pension costs | 123,216 | 123,216 | 152,667 | ||
| Staff welfare | 1,663 | 1,663 | 1,946 | ||
| 202 | 202 | ||||
| Premises costs | 125,081 | 125,081 | 154,613 | ||
| Rent | |||||
| Light, heat and power Premises cleaning |
10,132 3,675 |
10,132 3,675 |
12,738 2,441 |
||
| Premises repairs and |
2,931 | 2,931 | 1,193 | ||
| maintenance | 2,806 | 2,806 | 10,822 | ||
| General administrative | costs, | 19,544 | 19,544 | 27,194 | |
| including depreciation |
and | ||||
| amortisation | |||||
| Bank charges | |||||
| Equipment expensed |
826 | 826 | 30 114 |
| Saplings Childrens Day |
Nursery | Ltd | |||
|---|---|---|---|---|---|
| Detailed Statement of | Financial | Activities | |||
| General insurances | |||||
| Information and publications |
520 | 520 | 497 | ||
| Software, ITsupport |
and related | 48 | |||
| costs Stationery and printing Subscriptions |
311 1,190 |
311 1,190 |
2,340 164 |
||
| Sundry expenses | 665 | 665 | 552 | ||
| 59 | 59 | 23 | |||
| Legal and professional | costs | 3,571 | 3,571 | 3,768 | |
| Accountancy and bookkeeping Other legal and professional |
2,077 | 2,077 | 988 | ||
| costs | 207 | 207 | |||
| Total ofexpenditure of Total expenditure |
other costs | 2,284 150,480 |
2,284 150,480 |
988 186,563 |
|
| Net gains on investments | 155,360 | 155,360 | 191,444 | ||
| Net income/(expenditure) | 7,463 | 7,463 | (16,564) | ||
| Net income/(expenditure) | before | ||||
| other gains/(losses) | 7,463 | 7,463 | (16,564) | ||
| Other Gains | |||||
| Net movement in funds |
|||||
| 7,463 | 7,463 | (16,564) | |||
| Reconciliation offunds: |
|||||
| Total funds brought forward Total funds carried forward |
48,780 | 48,780 | 65,344 | ||
| 56,243 | 56,243 | 48,780 |