Charity reglstration numbor 1146376 Company registration number 07827217 (England and Wales) BARNErr WOOD PRE SCHOOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
BARNETh WOOD PRE SCHOOL LEGAL AND ADMINISTRATIVE INFORMATION Mr M L Tiley (Chair} Mrs E J Deighton (Employee and Parent Liaisonl Health & Saf¢ty} Mrs S M Leyland (Curriculum and Inspecti¢)n) S•¢r•tary Mr M L Tiley {Chair) Charlty number 1146378 Cixnpany numbgr 07827217 Principal address 213 Barnett Wood Lane Ashtead Surrey KT21 2DF Regr8tsred office 213 Bamett Lane A5hlead Surrey KT21 2DF Indep&nd8nt 8xamin•r Frances Wlde FCCA DChA Wamei Wilde Chartered Certified Accountants 4 Marigold Drive BeY Surrey GU24 9SF Bankgrs Santsnder- Booue Bootle Mer5eyside L30 4GB
BARNErr WOOD PRE SCHOOL CONTENTS Page Tntstees. report Independent examinels port Statement of finanrial acliwtss Balance sheet Note$ lo the finanaal $lateThnts 8-19
BARNETh WOOD PRE SCHOOL TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 AUGUST 2022 The trustees present their annual reFQrt and finarri81 statements for the year ended 3f August 2022. The financial statements have tRen prepared in )r(lance with the accounting w)liues set out in note 1 to the financial statements and ¢omply with the charity's governing document. the Cornpanies Act 2006 and 'Accounting and Reporting by Charib"es: Ststemenl of Recommended Practice applicable to charities prepallng their accounts in attordance wth the Finanoal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191". otii•ctiV and activities The pre-school's objectives are to enhance the development and educ2tn of children undeT statutory school a9e. The policies adopted in fvrtherance of these obj.ects are to operate a pre-schod and there has been no change in these during the year. The trustees have paid due regard to guirtan on public benefft issued by the Charty Commission in ¢Jwding at tIVitieS they shosjld undertake. Achievemonts and p8rlorniance The trustee8, management and staff have once again worked tr"reles5 to ensure we provide an excellent level of care, early learning and development f¢r all the ¢hildren at our setting. We have worked. through fwuent changes in government guidance, to provfde the best care for the Children and families who attend our setting. At times going 'above and beyond, to support families. The setting continsjes to Sitrrey County Countil's Eaty Years team. ensuring that all our practiti0rS are followng the latest techniques and guidelines. In addition, the setting conb"nue$ to work vAth local schools to ensure a smooth transrbon for the children lo their new setting. The setting has identtfied an unusualty high number of children Spectal Edueab"onal Needs during this period and has worked with families and professionals to ensure that the needs of these children are met and that, where applicable the children move to their next setbng 7Mth the ne¢essary $UPF#)t plans in The setting was able to cary out improvemènts to the premises vknich had been delayed from the previous year due lo supplier lead ty"mes. This induded replacement of the V4indov•S arKI doors and the instsllation of a new access control system for the bjilding. We are fortunate enough lo receive an excellent levet of support and engagement from parents who have children al the Pre-school this conttnues to Create a positNe partnership to support the conts"nuing development of all childTen * the setting. Financial revÉew Incoming resources amounted to £270.000 for the year12021- £247,122), which results in a surplus of £10,137 (2021.. £32,429>. £5,000 of this Surplus is to be added to a furKI designated for ftrture maintenance of the setting, vknich is not met by the landlords. Surrey County Council. Unrestricted reserves carried foThRrd amount to £112.863 (2021: £102,674). The trustees, current rÈsÈrves policy is to mairtsin a surplus of bets4Een £55,000 and £94.000 unrestri¢ted funds which they consider suffiaent to mrbg8te a su¢Jden increase in expendrture or ioss of income. However, operating above the designated reserves level is considered pent at this time when considering the in¢re8sed cost of utilities, high levels of irfflation and mortgagè intèrest rates {that may impact upon the abilty of tee paying paren15 to continuè to pay for pla5 as they see potentially 5ignTficant inL¥eases lo their oulgoingsl and the potential risks that the setting may have to respond to expedtted changes in the rate of the natsonal liwng wage to a¢¢ount for the cost of living crisis and non Gore grants may be chamenged as cx)unl budgèts get squeezed.
BARNETT WOOD PRE SCHOOL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 The Charrty's principal source of income is grants from Surrey County Council for children wrthin the fvnding bracket for Earfy Years fijnding. together wth fees from parents not cOVed by council fijnding. Fees are invoiced termty. In recent years the Pre-school ha$ had lo absorb increased cosls dLte to the introducb.on of autWlTolment, additional maintenance costs as NbEII as increase5 to the rent charged for the premises by Surrey County Council. These ¢osts, together wth increases in the National Wage and energy prices. have not been entirely miligaled by inc0$e5 Ill the fijnding ceiVed from Surrey County Council. As such we have had no option but to ask charge fvnded children for consumables a5 well as hold lundTaising events in order lo ensure that we can continue to offer the high levd of childcare and the variety of activities that we have done ift the past. Furthèr increases in National Living Wage are predKted over the next few years, wll contsnue to impact the setting's finance$. The trustees have assessed the major risk5 to vthich the pre-schocA is extosed, and are satisfied that systems are in plaGe lo mitigate exposure to these. Plans for future periods The Pre-school continues to work from a very sourKI financial foundation %thich will provide us with the opportunity to assess how we can improve our facilrties and resources to further enhance our earfy year3 aims and ambitions. The Pr&School directorn are committed to ensuring Ihat staff members receive the training and support they need lo fvlfill their role w1h1n the setting. We a conscious of the increased demand for places in the Icdty and strive to ensuie we offer our faalIt8 to as many children as possible. Wth thi5 in mind, the Pre-school continues to look at ways in v4hich it C2n accommodate children eligible for the govemmenfs 30-hours fiJnding vthilst not signfficanuy reducing the number of children admitted to the Setting. Structure. govemance and manag8m•nt The charity is a company limited by guarantee. The trustees, who are also the directors for the purpose of MpanY law, and served during the year and up to the date of SIgnabJ of the finanaal stslements were.. Mr M L riley (Chairl Mrs E J Deighton (Employee and Parent alson1 He8lth & Safety) Mrs S M Leyland (Curriculum and Inspection) The fomial PesS for appointment of trustees is Set out in seclion 5 of the Artides ofAssociation. None of the Iruslees has any beneficial interest in the company. All of the tn&stees are members of the company and guarantee lo contribute £1 in the event of a wnding up. The njnning Df the pr&school on a day to day basis is delegated by the trustees to a manager. Mrs Louise Pruthi supported by a team of stsff. The management ¢ommrttee provides marwement support and tlirection to the group lèader. They are also reSponsie l¢y raising fvnds and ensuring fees and grants a received in good time. Fundraising activrties are organised by parents to augment the funds of the playgroup. The charitable company was incorporated on 28 Cthber 2011 and began rts actiwbes on 6 Apnl 2012. New trustees are inwled for a lour of Ihe premise5 and talk to 8 director about the ethos of the Pre-S¢hool and how it runs.
BARNErr WOOD PRE SCHOOL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 The twstees, rePt vras approve(I by the Board of Trustees. MTM Tw$ f &a3
BARNETh WOOD PRE SCHOOL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BARNErr WOOD PRE SCHOOL I r•port to the trustees on my examination of Ihe ffinanaal slatem8nts ol Bamett ts0d P School {Ihe chwityl for the year ended 31 August 2022. Repon8lbMltleJ and b481$ of r¢port As th• trustees of the charity land also its th'recth for the purposes of nanY W yrA are respon8iblE for the preparaiton ol Ihe In81 statom•nts in CdanC• the raqulf•mts of the Corrynl•$ Ad 20 Ith• 2¢)06 Act). Havlng 83ti3fied ry8eNlhat the fin¥ndal ¥t¥tsrnent¥ of tha thafity are not required to b¢ audtted undèr P8rt 16 tsf the 20C6 Act and are eligible for independent examination. I report in sPeCt of my examination ol the charity'8 flnaneial statwnènts carried out under sectkjn 145 of the Charities Act 2011 {the 2011 Act). In carying out my •xaminaY¢n I ha folk>wd ail thg •ppIK¢ Oir¢¢t)ng 9¢ by tha Ch•rty Commi8#1tsrt undw $¢ction 145151 Ibl of the 2011 A( Indfrpendent examlne8 8tat•ment Sfjnce the charity's gross irKome exceeded £250.000 your examlner must be a member of a body Ilsted In i¢¢tion 145 ¢f th& 2011 ACL I confim that l am qualifi•d to und•rtak• th• •xaminafjon b•caus• l am a membvr of th•Assocktion of Ch8rtered Cerulled Aetouritants. thich is orn ofthe list•d ldI•s. I have Completed my exami)ati¢)n. I nfrn that no matters have m to my attentton in comection wlh mlnauon giving me ¢au8e to bel&e that in any mateiial r8spo¢L accountin9 re¢ord¥ wer• rKst kept in re5pe¢t ollhe tharlty rawlr by sectKJn 388 of the 2008 Act,. or Ihe financlal $l•lements do not x¢ord vthh those r¢cord$.' or lh• hnan¢l¥l $tstrngnts do not compty the accounting reqUm¢At$ of s•ction 398 of the 2008 Act otheT than Any requirnent that the acccAJnts glve 8 In and fah viw4 whlch 18 not a matter consld•red #j port of an indopondont ?x•minaUon,' or the flnanual statements have not boen prepared In xcordance tlth th• m•thods gnd IndPS ol ¢h• Sthlemenl of Re¢ornmended Pr•¢tice for a¢¢ourfng and rawn9 by ¢h8n19 •ppll¢able to Char&1 preparing their accounts in a¢¢oTdance TrArfth the Finandal Reporting Stsndard applicab in the UK and Republlc of IreLind (FRS 1021. I have no concem5 and have come aer053 no othw Matte in connedjon wilh Ihe examlnots'on to ¥thleh 8tt9nllon ¥hould btr dravm In r•port in ordor to enable a prwr underntandirbg of the financ4al Btst•mon(s to b• r¢gched. Frnne Wlld• FCCA DChA *mer Wilde Chartered Certhl•d Ac¢ourrtants 4 IAaftgold Driv• Bisley SuThey GU24 98F
BARNETT WOOD PRE SCHOOL STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST2022 Currgnt finan¢lal year Total Total funds fund5 gen¢rJl doslgnated 2022 2022 funds 2022 2022 2021 Donations and legaaes Income from charitable activities Other trading actsvilies Investments Other income 182,237 82,787 182,237 82,787 3,369 323 1,284 157,935 86,631 1,918 272 366 3.369 323 1,284 Totsl incomg 266.631 3.369 270,000 247,122 Raising funds 1,070 1,070 905 Charitable acb"vitses 250,372 955 258,793 213,788 Total resources expended 251,442 955 259,863 214,693 Net incominglloutgoing) resoUe8 before transfer5 Net incomellexpenditurel for tho yg¥rf 15,189 {4,097} {9551 10.137 32,429 Net Incomlngl(outgolng) r•sources before transfers 15,189 14,09n {955} 10,137 32.429 Gross transfers been funds {5.000} Fund balances at I September 2021 102.674 57,291 1.101 161,066 128,637 Fund tkilances at 31 August 2022 112,863 58,194 146 171,203 161,066 The statement of financial actiwties indudes 811 gains and losses re¢ognised in the year. All income and eXpendire deii¥e from eontinLring acbvites. The statement of finanual actlyeS also complies the requirements for an Income antl expenditure account under the CompaniesAct 2006.
BARNETh WOOD PRE SCHOOL STATEMENT OF FINANCIAL ACTMTIES {copifiNUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022 Priorfinanclal yr Unrestricted Unrestricted Restricted funds funds fvnds gongrdl dosignated 2021 2021 Total 2021 2021 •and• Donations and legacies Income from charitable activibes other trading a¢tiwtie5 Investments other income 157,935 86.631 157,935 86,631 1,918 272 366 1.918 272 Total income 245.204 1,918 247,122 Raising funds 905 905 Charitable activities 208.296 4,537 955 213,788 Totsl resourc&s exrtded 209,201 4,537 955 214,693 Not incominglloutgoing) resou befo trdnsfers 36,003 12,619} (9551 32,429 Gross transfers befv*en fvnds 15,000} 5.OlJO Net incom811oxpandlturel for the ythirf Not movement in funds 31,003 2,381 {9551 32,429 Fund balances at I September 2020 71,671 54,910 2.056 128,637 Fund balances at 31 August 2021 102,674 57,291 1,101 161,066 The slalemenl of finanaal inchjdes all gains and losses recogned in the yeai. All income and expendrture derive from ¢ontinuin9 acbvibes. The statement of finantyal activities also complies 1th the regulMentS for an income and expenditure account under the CompaniesAct 2006.
BARNETT WOOD PRE SCHOOL
BALANCE SHEET
AS AT 31 AUGUST 2022
| Notes Fixed assets Tangible assets 13 Current assets Stocks 14 Debtors 15 Cash at bank and in hand Creditors: amounts falling due within one year 16 Net current assets Total assets less current liabilities Income funds Restricted funds 17 Unrestricted funds Designated funds 18 General unrestricted funds |
2022 £ 1,720 1,262 192,096 |
£ 28,136 143,067 171,203 146 171,057 171,203 |
2021 £ 2,232 3,014 176,370 |
£ 32,900 128,166 |
|---|---|---|---|---|
| 195,078 (52,011) |
181,616 (53,450) |
|||
| 58,194 112,863 |
57,291 102,674 |
|||
| 161,066 | ||||
| 1,101 159,965 |
||||
| 161,066 |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2022.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 9[th] March 2023
.............................. Mr M L Tiley (Chair) Trustee
Company registration number 07827217
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BARNErr WOOD PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 Accounttng policies Charity information Barnett Wood Pre Scho(4 is a private company limited by guarantee incorFK)rated in England and Wales. The registered office is 213 Bamett Wood Lane, Ashtead. Surrey. l2l2DF. 1.1 Ac¢ountlng convention The financial statements have been prepared in accordance V•ith the c*arity's governing document, the Companies Act 2006 and -Accounting and RepoFt"ng by Charitses". Stslement of Re¢ommended Practice applicable to chariknes preparing their accounts in accordan vrtth the Financial Reporb'ng Standard applicable in the UK and Republic of ]land IFRS 1021 (effective 1 January 2019}". The chanty is a Public Benefit Enlty as defined by FRS 102. The Charty has taken advantage ol the prow5ions in Ihe SORP for charrbes applying FRS 102 Update Bulletin 1 not to PTepare 3 Statement of Cash Flows. The finaneial statements are prepared in sterfing. vthith is the fvnctional Cuyry of the Charity. Monetary amoun15 in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost ¢onvenbon. The principal accounting policies adopted are set out below. 1.2 Going con¢em Al the time C¢f approving the financia stslements. the trustees have a rea30nable &xpectalion that the charity ha5 adequate resources lo continue in operational extstence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the finanual statements. 1.3 Charitable funds uns1Cted fijnds are available for use at the di$ebOn of the trustees in fvrtherance of their charitable objectives. Restricted fijnds are Su.eCt to specrfic cOnd.0nS by donoTr as to how they may be used. The purposes ond uses of the restrthd funds are set oui in the notes to the finanaal staternents. Endovm)enl fvnds are subject lo speufic condrfions by donors that the caprtal must be maintained by th¢ d)arity. 1A Incom• Income is CogniSed vthen the chanty is legally enblled lo it afier any perfomiance conditions have been mel, the amounts can be Measured lIab, and tt is probable that income will be received. Cash donatlons 8re recognised on receipt. Other donations are recognised once the charty ha5 been notified of the donation. unless performance condib.ons wuire defÈrral of the amount Income lax recoverable In relatn to donations received under Gfft AKI or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or othewse rf the charity has been nolrfted of an impending distribution, the amount is knovm, and receipt is expected. If the amount is not kno, the legacy is treated as a conts"ngent assèt. 1.5 ExporKlitwg Expenditure is recognised once there is a legal or constnjctive obligation to make a payment to a third party. it is probaNe that seltlement will be required and the anM)ynl of the obb"gation can be measured reliably.
BARNErr WOOD PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Accounting pollclos {Continuedl 1.6 Tangible fixed assgts Tangible fixed assets are inibalty measured at cost and subsequenty m&ure(l at cost Of valuatn, nel of depreciation and any Impalmnt h)$3es. DeprerAatÉon is recognised so as to Vlte off the cost or valuatM)n of assets less their residual values over their useful lives on the following base8'. Buildings Fixtu$, fittings & equipment Computers 10 years straight line 3 years straight line, 5 yeais straight line 3 years $traBJht line The gain or loss arising on the disposal of an #$$Èt is detemiined as the difference ben the salè proceeds and the carrying value of the asset. and is recognised in the statement of finan¢ial activities. 1.7 Impalrni•nt of fixod assets At each reporting end date, the chanty vIewS the carying amounts of its tsngible assets to detemine whether there 15 any indication that those a&sets have suffered an impaimient loss. If any Such indication exis15, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss lif any). 1.8 Stocks stocks are slated at the loVr of cost and estimated seming price less costs lo complet¢ and sell. Cost comprises direct materials and, where appItse. direct labour costs and those overheads that have been incurred in bringing the stod(5 to thwr present location and condth"on. Items held for distribution al no oi nomina5 cOnderatiOn are measufed the lovm of replacement cost and st Net realisable value is the estimaled selling pnce less all estimaled costs of comF4th"on and costs to be incurred in marketing. seln9 arHI d"Ix.0. 1.9 Cash and cash equivalents Cash and cash equivalents incde cash in hand, tjeposits hekl at call vth banks, rAher short-temi Ilquld investrnents with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shoNbTr wrthin l)orrowings in cJJrrenl lthilities. 1.10 Financial instnrnents The ¢haiity has elected to appty the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other FinanGial Instruments IssLtes' of FRS 102 to all of its finan instruments. Financial instruments are re¢ognised in the charity's bance sheet vrtn the ¢haryty be¢ome$ party to the ¢ontraE#ual provisions of the instrumenL Financial assets and liabilibes are off5eL wth the net amounts presented in the finanaal statements, when there is a legally enforceable right to set off the recogfiised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liabilty $imultaneousty. Basic finanelalassets Basic financial assets, vthich indude debtots and cash and bank balances. are initially moasured at transartion price including tsansacts.on costs and are subsequendy measured at the cash or other consideration expected to be received and not diSunIed.
BARNETT WOOD PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 A¢¢ountlng p¢ll¢les {Continuedl Basic financial IITabilities Basic financAal liabilities. induding credit(Ns and bank loans are inib.alty recognised at transa¢b"on price unles$ the arrangement Gonstitutes a financing transaction, vthe the debt instrument is measured at the present value of the future payments discounted at a market rate of intest. Financial liabilrties classified as payable wlhin one year are not amortised. Basic ffinanoal liabilrties are subsequenty measured at the cash or other consideration expected trj be paid and not discounted. Trade Creditors are obligations to pay for goods or seThi¢es that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassffied as Gurrent liabllrteS if payment is due within one year of less. If not, they are presellted as nort<urrent liabilities. Trade credrtors are recognised initially at transacb'on price and subsequently measured at amofbsed cost using the effective interest method. Der¢eognition of financial liabilities Financial liabilthes are derecognised vthen the ltradual otrAigations expire or are discharged or cancelled. 1.11 Employee bontrfits The cost of any unused holiday enliljement is recognised in the period in 4¥hith the employee's services are received. Temiination benefits are recryjnised immediatety as an expense when the charity is demonstrably ¢ommitted to tenninate the emOyMent of an employee or to provide termination beneffts. 1.12 R•tlr¢ment benefits Payments to defined contribulion retiremerrt benefft schemes are tharged as an expense as they fall dua. 1.13 Debtor5 Debtors and prepayments are renised * the amount due. 1.14 Creditors Creditors are ¥ecognised where the charty has a present 019atIOn arising from a past event and the amount ¢an be reliabty measured or ests"mated. Crttical aceounting estimatss andjudgements In the application of the Chafity's accounfing wle$. the trustees are required to make judgements, estimates and 395umptions about the carrying amount of assets and liabile5 that are not readily apparent from other sources. The esb"mates and associated assumptions are based on historie81 experience and other factors that are considere(I to be relevant Actsjal may differ frorn these estimate5. The eskn"mates and underfying assumptions are revieed on an ongoing basis. Revisions lo accounting estimates are wognised in the period in which the estimate is remsed vthere the revision affects only that period, or in the period of the re510n and future periods where the remsion affects both current and future periods. 10-
BARNETT WOOD PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2022 Donations and18gacigs Unrostrictad unrestn.cled funds funds general general 2022 2021 Donations and gifts Grants ee1Vable 152 182,085 157,935 182,237 157,935 Grants re¢olv•blo for efft aclivities Earty Years grant fvnding Other grants 156,278 25,807 140.791 17,144 182,085 157,935 In¢ome from Charitable actlviti8s 2022 2021 Fees Parents contritsjtions 82.787 86,549 82 82,787 86,631 other trading activilio5 Unrestricted Unrestricted funds fijnds dosignated designated 2022 2021 Fundraising events 3,369 1,918 11
BARNETh WOOD PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Investh)ents Unrestrictsd Unrestrfcled nds funds general general 2022 2021 Interest receivable 323 272 Other Income Unrestrl¢ted Unrestricted funds fvnds general general 2022 2021 Other income 1,284 366 Raising funds Unrestricted Unreslncted funds nds goneral general 2022 2021 undr nd ubli Other fundraising costs 248 46 Other trading activrbes 822 859 1,070 905 12-
BARNErr WOOD PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Charitable activitles 2022 2021 Staff costs Depreciation and impairment Rent and insurance Electricity Phones Maintenanee and deaning Childrens activities and equipment General expenses Office expenses Other staff costs Extemal $uppliers- chdren$, acti¥itses 197.436 7,359 9,961 1,730 474 20,003 11,407 4,258 929 3.442 200 165,857 6,610 9,950 1,505 374 11,665 8,722 3,648 649 3,039 40 257.199 212,059 Share of govemance costs (see note 10) 1.594 1,729 258,793 213,788 Analysis by fund Unfestricted funds- general uns1Cted fiJnds- designated Restricted funds 250.372 7.466 955 208.296 4,537 955 258,793 213,788 10 Support eosts Support Govemanc• costs 2022 Support Govemance costs costs 2021 Independent Examinerfs fees Governance Costs 1.160 434 1.160 434 990 739 990 739 1.$94 1.594 1,729 1,729 Analysed betsyeèn Charitable activities 1,594 1,594 1,729 1,729 Govemance costs indude payment to the Indepenrjenl Examiner of £1,122 {2021.' £1,038) for accounts prepaTab"on and independent examinabon. 13-
BARNETT WOOD PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 11 Trustogs None of the trustees {or any persons connected vthh them) rved any remuneralion during the year, and none of them vwe reimbursed exnseS. 12 Employees The average monthly number of employees during the yearwds.. 2022 HUmr 2021 NuMr Management Childcare Admin Total 12 Employment costs 2022 2021 dges and salaries Social security ¢osts Other pension costs 189,752 5,155 2,529 158,517 5,158 2,182 197,436 765,857 1212021.. 9) part time staff equate to appMatelY 10 (2021." 6) fiJll time equivalents. There were rKJ emoYeeS whose annual remunerabon was more than £60.000. 14-
BARNETh WOOD PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2022 13 Tanglbl• flx•d assats BulbJlr45 Flxthrgs Comwrtar* ffttsngs & Total Cost Al 1 September 2021 Add'onS 40,520 19,407 1,951 3,106 647 63,033 2,598 At 31 August 2022 40.520 21.358 3,753 65,631 Deprttlatlon and impairnient At 1 September 2021 Depreciation charged in the year 14.865 4.052 13,332 2,702 1.939 605 30,136 7,359 At 31 Augu512022 18.917 16,034 37.495 Carrylng amount At 31 August 2022 21,603 5,324 1,209 28,136 At 31 Agust 2021 25,655 6.OTT 1.168 32,900 14 Stocks 2022 2021 Finisheil goods and goods for resale 1,720 2,232 15 Del)tors 2022 2021 Amounts falling TIn one year: Trade debtors Prepayments arKi accrued income 11.108} 2,370 569 2,445 1.262 3,014 16 credito.. amounts falling duo knithln one year 2022 2021 Other tsxalion and socsal security Trade creditors Other creditor5 Accruals and deferred income 1,068 1,150 24,238 25,555 1,107 4.258 22,552 25,535 52,011 53,450 15-
BARNETT WOOD PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 17 Rgstrlctod funds The income bjnds of the charity indude restricted fvnds comprising the follrring unexpended balances of donation$ and grants held on trust for 3pecrfi¢ purposes.. anctr at R860Urte5 B8knc* at Re50ur¢es BaLgnco at 31 August 2022 2020 20 0(rtse resources 2,056 19551 1.101 1955) 146 The restricted fund is for the development of OLtside resources. 16-
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BARNETT WOOD PRE SCHOOL NOTES TO THE FINANCIAL STATEMENTS (COKTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 20 R8lat8d party tran5actlons There were no ¥J4selosable related party transactions during the year12021 - none).