||||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|