2022-03-31-accounts - St Clares Pre-School

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				Page
Report ofthe	Trustees		1	to	2
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet			5	to	6
Notes to the	Financial Statements		7	to	13

						2022	2021
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
			Notes	6	6	6	6
INCOME AND ENDOWMENTS		FROM
Charitable	activities
Development	and education			320,747	4,588	325,335	378,236
Investment	income			26		26	95
Other income							6,251
Total				320,773	4,588	325,361	384,582
EXPENDITURE ON
Charitable	activities
Development	and education			343,233	10,606	353,839	351,105
NET INCOME/(EXPENDITURE)				(22,460)	(6,018)	(28,478)	33,477
RECONCILIATION OF FUNDS
Total funds	brought forward			451,070	6,018	457,088	423,611
TOTAL FUNDS CARRIED FORWARD				428,610		428,610	457,088

		BALANCE SHEET 31 MARCH 2022
			2022	2021
		Notes		6
FIXEDASSETS
Tangible assets			252,694	258,843
CURRENT ASSETS
Prepayments and	accrued income			1,089
Cash at bank and	in hand		222,501	249,013
			222,501	250,102
CREDITORS
Amounts falling due within one year		12	(19,130)	(17,190)
NET CURRENT ASSETS			203,371	232,912
TOTAL ASSETS	LESSCURRENT
LIABILITIES			456,065	491,755
CREDITORS
Amounts falling due after more than one		year 13	(27,455)	(34,667)
NET ASSETS			428,610	457,088
FUNDS		16
Unrestricted funds			428,610	451,070
Restricted funds				6,018
TOTAL FUNDS			428,610	457,088

												2022	2021
													F
Deposit	account			interest								26	95
All investment			income is derived					from assets held in the		United	Kingdom.
INCOME FROM				CHARITABLE				ACTIVITIES
												2022	2021
							Activity						F
Parental	funding						Development		and education			64,253	27,146
Grants							Development		and education			261,082	351,090
												325,335	378,236
Grants	received,			included		in	the	above, are	as follows:
												2022	2021
												F
Hampshire		County Council										260,469	316,314
Job retention scheme												613	28,776
Havant	borough			council									6,000
												261,082	351,090
CHARITABLE			ACTIVITIES				COSTS
											Direct	Support
										Costs (see		costs (see
											note 5)	note 6)	Totals
											F	8	5
Development		and			education					328,347		25,492	353,839

	DIRECT COS	T	S OF C	HA	RITABLE ACTIVITIES
							2022	2021
							6	F
	Staff costs						264,814	256,015
	Rent, rates and		water				10,942	39,866
	Insurance						2,844	431
	Light and heat						3,395	3,448
	Telephone and		internet				1,467	1,239
	Postage and stationery						266	2,183
	Advertising						423	391
	Sundries						22,872	13,202
	Repairs and maintenance						6,018
	Computer costs						710	1,405
	Children's play equipment				and craft materials		7,191	2,522
	Travel expenses							30
	Subscriptions						722	2,610
	Food voucher	cost					6,090
	Restricted Donations						33
	Interest payable		and similar charges				560
							328,347	323,342
6.	SUPPORT COSTS
							Governance
						Management	costs	Totals
						F		6
	Development	and education				19,667	5,825	25,492
	Support costs,	included		in	the above, are as follows:
	Management
							2022	2021
							Development
							and	Total
							education	activities
							6	F
	Wages						11,362	9,091
	Bank charges						614	2,681
	Payroll						1,542	2,065
	Depreciation						6,149	7,275
							19,667	21,112
	Governance costs
							2022	2021
							Development
							and	Total
							education	activities
								F
	Legal and professional			fees			3,695	4,683
	Accountancy fees						2,130	1,968
							5,825	6,651

The average monthly number of	em	ployees during the year	was as follows:
				2022	2021
Charitable activities				23	24
No employees received emoluments		in excess of660,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL			ACTIVITIES
			Unrestricted	Restricted	Total
			fund 6	funds f	funds
INCOME AND ENDOWMENTS	FROM
Charitable activities
Development and education			349,460	28,776	378,236
Investment income			95		95
Other income			233	6,018	6,251
Total			349,788	34,794	384,582
EXPENDITURE ON
Charitable activities
Development and education			322,329	28,776	351,105
NET INCOllllE			27,459	6,018	33,477
RECONCILIATION OF FUNDS
Total funds brought forward			423,611		423,611

	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
10.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
					Unrestricted			Restricted	Total
						fund		funds	funds
							F		6
	TOTAL FUNDS CARRIED FORWARD				451,070			6,018	457,088
11.	TANGIBLE FIXEDASSETS
								Fixtures
						Long		and
					leasehold			fittings	Totals
						F		6	F
	COST
	At 1 April 2021 and 31	March		2022	280,771			13,667	294,438
	DEPRECIATION
	At 1 April 2021				22,462			13,133	35,595
	Charge for year					5,615		534	6,149
	At 31 March 2022				28,077			13,667	41,744
	NET BOOK VALUE
	At 31 March 2022				252,694				252,694
	At 31 March 2021				258,309			534	258,843
12.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
								2022	2021
									F
	Bank loans and overdrafts		(see note 14)					8,136	5,333
	Accruals and deferred	income						10,994	11,857
								19,130	17,190
13.	CREDITORS: AMOUNTS		FALLING DUE AFTER MORE THAN			ONE YEAR
								2022	2021
	Bank loans (see note	14)						27,455	34,667
14.	LOANS
	An analysis ofthe maturity		of	loans is given below:
								2022	2021
								6	6
	Amounts falling due within		one year on demand:
	Bank loans							8,136	5,333
	Amounts falling between		one	and two years:
	Bank loans - 1-2years							8,135	8,000
	Amounts falkng due between			two and five years:
	Bank loans —2-5years							19,320	26,667

ANALYSIS OF NET AS	SETS B	ETWEEN FUNDS
				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
			6	6	E
Fixed assets Current assets Current liabilities Long term liabilities		252,694 222,501 (19,130) (27,455)		252,694 222,501 (19,130) (27,455)	258,843 250,102 (17,190) (34,667)
		428,610		428,610	457,088
MOVEMENT IN FUNDS
				Net
				movement	At
			At 1.4.21	in funds	31.3.22
			E	6
Unrestricted funds
General fund			451,070	(22,460)	428,610
Restricted funds
Garden adaptations			6,018	(6,018)
TOTAL FUNDS			457,088	(28,478)	428,610
Net movement in funds,	included	in the above are as follows:
			Incoming	Resources	Movement
			resources E	expended f	in funds E
Unrestricted funds
General fund			320,773	(343,233)	(22,460)
Restricted funds
Job retention scheme Garden adaptations Food voucher funding			613 3,975	(613) (6,018) (3,975)	(6,018)
			4,588	(10,606)	(6,018)
TOTAL FUNDS			325,361	(353,839)	(28,478)

						Net
						movement	At
					At 1.4.20	in funds	31.3.21
						6	F
Unrestricted		funds
General	fund				423,611	27,459	451,070
Restricted funds
Garden	adaptations					6,018	6,018
TOTAL	FUNDS				423,611	33,477	457,088
Comparative		net movement	in funds,	included	in the above are as follows:
					Incoming	Resources	Movement
					resources 6	expended	in funds
Unrestricted		funds
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