2021-04-05-accounts - Springfields Pre-School Limited

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		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	3
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	6	to	7
Notes to the Financial Statements	8	to	14
Detailed Statement ofFinancial Activities	15	to	16

			31MARCH 2021
				31.3.21	31.3.20
				Unrestricted	Total
				fund	funds
		Notes
FIXEDASSETS
Tangible assets				22,616	17,446
CURRENT ASSETS
Debtors				18,456	16,200
Cash at bank and in hand				284,735	192,626
				303,191	208,826
CREDITORS
Amounts falling due within	one year		10	(11,935)	(3,544)
NET CURRENT ASSETS				291,256	205,282
TOTAL ASSETSLESSCURRENT
LIABILITIES				313,872	222,728
CREDITORS
Amounts falling due after more than one		year	11	(41,667)
NET ASSETS				272,205	222,728
FUNDS			13
Unrestricted funds				272,205	222,728
TOTAL FUNDS				272,205	222,728

Property improvements	20% on cost
Office equipment	20% on cost
Motor vehicles	25% on cost

STAFF COSTS
			31.3.21	31.3.20
Wages and salaries			287,546	302,473
Social security costs			10,155	11,351
Other pension costs			3,913	3,899
			301,614	317,723
The average monthly	number ofemployees	during the year was as follows:
			31.3.21	31.3.20
Paid employees			29	29

	No employees received	emoluments	in excess of260,000.
6.	COMPARATIVES FORTHE STATEMENT OF FINANCIAL			ACTIVITIES
					Unrestricted
					fund
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies				411,946
	Other trading activities				3,000
	Total				414,946
	EXPENDITURE ON
	Charitable activities
	Governance costs				1,332
	Other				395,122
	Total				396,454
	NET INCOME				18,492
	RECONCILIATION	OF FUNDS
	Total funds brought forward				204,236
	TOTAL FUNDS CARRIED
	FORWARD				222,728
7.	FEESFOR THE EXAMINATION		OF THE ACCOUNTS
				31.03.21	31.3.20
	Independent Examiners	Fees		1,350	1,350

S.	TANGIBLE FIXEDAS	SETS
		Property	Office	Motor
		improvements	equipment	vehicles	Totals
	COST
	At 1 April 2020	12,606	3,118	16,350	32,074
	Additions	13,632			13,632
	At 31March 2021	26,238	3,118	16,350	45,706
	DEPRECIATION
	At 1 April 2020	6,928	2,887	4,813	14,628
	Charge for year	4,145	229	4,088	8,462
	At 31March 2021	11,073	3,116	8,901	23,090
	NET BOOK VALUE
	At 31March 2021	15,165		7,449	22,616
	At 31March 2020	5,678	231	11,537	17,446
9.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				31.3.21	31.3.20
	Trade debtors			18,456	16,200
10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				31.3.21	31.3.20
	Bank loans and overdrafts	(see note 12)		8,333
	Accrued expenses			3,602	3,544
				11,935	3,544

	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31MARCH 2021	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31MARCH 2021	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31MARCH 2021	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31MARCH 2021
11.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				31.3.21	31.3.20
	Bank loans (see note 12)			41,667
12.	LOANS
	An analysis ofthe maturity ofloans is given below:
				31.3.21	31.3.20
	Amounts falling due within one year on demand:
	Bank loans			8,333
	Amounts falling due between two and five years:
	Bank loans - 2-5 years			41,667
13.	MOVEMENT IN FUNDS
				Net
				movement	At
			At 1.4.20	in funds	31.3.21
	Unrestricted funds
	General fund		222,728	49,477	272,205
	TOTAL FUNDS		222,728	49,477	272,205
	Net movement in funds,	included	in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
	Unrestricted funds
	General fund		432,521	(383,044)	49,477
	TOTAL FUNDS		432,521	(383,044)	49,477

	SPRINGFIELDS PRE-SCHOOL LIMITED	SPRINGFIELDS PRE-SCHOOL LIMITED	SPRINGFIELDS PRE-SCHOOL LIMITED	SPRINGFIELDS PRE-SCHOOL LIMITED
	DETAILED STATEMENT OF FINANCIAL ACTIVITIES
			FOR THE YEAR ENDED 31MARCH 2021
				31.3.21	31.3.20
INCOME AND	ENDOWMENTS
Donations and legacies
Fees				83,311	141,726
Grants received				256,012	270,220
				339,323	411,946
Other trading activities
CARS income (Furlough)				79,198
Coronavirus rates grant				10,000
Employment allowance				4,000	3,000
				93,198	3,000
Total incoming	resources			432,521	414,946
EXPENDITURE
Support costs
Management
Trustees' salaries				51,853	40,676
Wages				235,693	261,797
Social security				10,155	11,351
Pensions				3,913	3,899
Rates, water rates, trade		waste	and utilities	1,970	3,067
Light and heat				1,825	2,516
Rent				5,322	3,414
Telephone				2,024	1,970
Postage and stationery				2,689	2,651
Advertising				1,991	1,543
Sundries				8,485	13,707
Repairs and renewals				11,238	16,953
Legal and professional		fees		2,850	2,136
School equipment				19,522	9,993
Accountancy				1,440	1,332
Training				820	530
Staffuniform				289	528
Insurance				1,349	1,075
Motor expenses				5,418	4,030
Vehicle lease				4,339	4,339
Software				1,397	2,981
Depreciation oftangible		assets		8,462	5,966
				383,044	396,454