2021-03-31-accounts - St Clares Pre-School

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			Page
Report ofthe Trustees		1	to	3
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet		6	to	7
Notes tothe Financial Statements		8	to	14

					2021	2020
			Unrestricted	Restricted	Total	Total
INCOME AND ENDOWMENTS	FROM	Notes	fund 6	funds f	funds 6	fundsf
Charitable activities		3
Development and education			349,460	28,776	378,236	401,121
investment income Other income		2	94 234	6,018	94 6,252	294 1,262
Total			349,788	34,794	384,582	402,677
EXPENDITURE ON
Charitable activities
Development and education			322,329	28,776	351,105	372,063
NET INCOME			27,459	6,018	33,477	30,614
RECONCILIATION OF FUNDS
Total funds brought forward			423,611		423,611	392,997
TOTAL FUNDS CARRIED FORWARD			451,070	6,018	457,088	423,611

		2021	2020
FIXEDASSETS	Notes	6	F
Tangible assets		258,843	266,118
CURRENT ASSETS
Prepayments and accrued income Cash at bank and in hand		1,089 249,013	168,930
		250,102	168,930
CREDITORS
Amounts falling due within one year	12	(17,190)	(11,437)
NET CURRENT ASSETS		232,912	157,493
TOTAL ASSETSLESSCURRENT
LIABILITIES		491,755	423,611
CREDITORS
Amounts falling due after more than one year	13	(34,667)
NET ASSETS		457,088	423,611
FUNDS	16
Unrestricted funds Restricted funds		451,070 6,018	423,611
TOTAL FUNDS		457,088	423,611

INVESTMENT INCOME
						2021	2020
Deposit account interest						94	6 294
All investment income is derived from assets held				in the	United Kingdom.
INCOME FROM CHARITABLE ACTIVITIES
Parental funding Grants		Activity Development Development	and education and education			2021 f 27,146 351,090	2020 E 42,006 359,115
						378,236	401,121
Grants received, included	in	the above, are	as follows:
						2021	2020
Hampshire County Council Job retention scheme Havant borough council						316,314 28,776 6,000	F 359,115
						351,090	359,115
CHARITABLE ACTIVITIES		COSTS
					Direct	Support
					Costs (see	costs (see
					note 5) f	note 6)	Totals
Development and education					323,342	27,763	351,105

	DIRECT COSTS OF	CHA	RITABLE ACTIVITIES
					2021	2020
	Staff costs Rent, rates and water Insurance Light and heat Telephone and internet Postage and stationery Advertising Sundries Computer costs Children's play equipment Travel expenses Subscriptions		and craft materials		6 256,015 39,866 431 3,448 1,239 2,183 391 13,202 1,405 2,522 30 2,610	290,208 24,517 1,941 4,565 1,597 3,298 534 9,169 964 13,351 844 1,972
					323,342	352,960
6.	SUPPORT COSTS
					Governance
				Management	costs	Totals
	Development and education			6 21,112	6 6,651	6 27,763
	Support costs, included	in the above, are as follows:
	Management
					2021	2020
					Development
					and	Total
					education	activities
	Wages Bank charges Payroll Depreciation				6 9,091 2,681 2,065 7,275	7,808 533 1,393 7,285
					21,112	17,019
	Governance costs
					2021	2020
					Development
					and	Total
					education f	activities
	Legal and professional Accountancy fees	fees			4,683 1,968	302 1,782
					6,651	2,084

							2021	2020
Depreciation -owned assets Independent examiner's fee							6 7,275 1,428	6 7,285 1,428
TRUSTEES' REMUNERATION	AND BENEFITS
During the year Gall Young-Evans, who became a trustee salary totalling 619,837(2019:621,380)for her role as the				with effect from 5 January 2012, received Pre School Manager.
Apart from the above, there was March 2021 nor for the year ended		no trustee's remuneration 31 March 2020.			or other benefits		for the year ended
Trustees' expenses
During the year no trustees (2020:		None) were reimbursed		out ofpocket expenses.
STAFF COSTS
The average monthly number of	employees during		the year	was as follows:
Charitable actwities							2021 24	2020 26
No employees received emoluments		in excess of660,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL					ACTIVITIES
					Unrestdicted	Restricted		Total
INCOME AND ENDOWMENTS	FROM				fund 6		funds 6	fundsf
Charitable activities
Development and education					401,121			401,121
Investment income Other income					294 1,262			294 1,262
Total					402,677			402,677
EXPENDITURE ON
Charitable activities
Development and education					372,063			372,063
NET INCOME					30,614			30,614
RECONCILIATION OF FUNDS
Total funds brought forward					392,997			392,997

	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MARCH 2021	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MARCH 2021	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MARCH 2021	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MARCH 2021
10.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
			Unrestricted	Restricted	Total
			fund f	funds	fundsf
	TOTAL FUNDS CARRIED FORWARD		423,611		423,611
11.	TANGIBLE FIXEDASSETS
				Fixtures
			Long	and
	COST		leasehold	fittings f	Totals f
	At 1 April 2020 and 31 March 2021		280,771	13,667	294,438
	DEPRECIATION
	At 1 April 2020 Charge for year		16,846 5,616	11,474 1,659	28,320 7,275
	At 31 March 2021		22,462	13,133	35,595
	NET BOOK VALUE
	At 31 March 2021		258,309	534	258,843
	At 31 March 2020		263,925	2,193	266,118
12.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
	Bank loans and overdrafts (see note 14) Accruals and deferred income			2021 f 5,333 11,857	2020 11,437
				17,190	11,437
13.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	Bank loans (see note 14)			2021 f 34,667	2020 f
14.	LOANS
	An analysis ofthe maturity ofloans is given below:
	Amounts falling due within one year on demand: Bankloans			2021 f 5,333	2020 f
	Amounts falling between one and two years: Bank loans - 1-2years			8,000
	Amounts falling due between Bank loans -2-5years	two and five	years:	26,667
			Page 12		continued

ANALYSIS OF NET A	SSET	S	BETWEEN FUNDS
					2021	2020
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
Fixed assets Current assets Current liabilities Long term liabilities			6 258,843 244,084 (17,190) (34,667)	6,018	258,843 250,102 (17,190) (34,667)	6 266,118 168,930 (11,437)
			451,070	6,018	457,088	423,611
MOVEMENT IN FUNDS
					Net
					movement	At
Unrestricted funds				At 1.4.20 6	in funds E	31.3.21 f
General fund				423,611	27,459	451,070
Restricted funds
Garden adaptations					6,018	6,018
TOTAL FUNDS				423,611	33,477	457,088
Net movement in funds,	included		in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted funds				6	F
General fund				349,788	(322,329)	27,459
Restricted funds
Job retention scheme Garden adaptations				28,776 6,018	(28,776)	6,018
				34,794	(28,776)	6,018
TOTAL FUNDS				384,582	(351,105)	33,477
Comparatives for movement		in	funds
					Net
					movement	At
				At 1.4.19	in funds	31.3.20
Unrestricted funds					6	E
General fund				392,997	30,614	423,611
TOTAL FUNDS				392,997	30,614	423,611

Comparative	net movement in funds, incl	uded in the above are as follows:
		Incoming	Resources	Movement
Unrestricted	funds	resources f	expended f	in funds
General fund		402,677	(372,063)	30,614
TOTAL FUNDS		402,677	(372,063)	30,614