||||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| ## ## ## ##