2023-04-05-accounts - Springfields Pre-School Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	3
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	6	to	7
Cash Flow Statement
Notes to the Cash Flow Statement
Notes to the Financial Statements	10 to		16
Detailed Statement ofFinancial Activities		17

	BALANCE SHEET 31MARCH 2023
		31.3.23	31.3.22
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Tangible assets	10	27,275	30,538
CURRENT ASSETS
Debtors		27,000	24,000
Cash at bank and in hand		243,195	242,054
		270,195	266,054
CREDITORS
Amounts falling due within one year	12	(11,021)	(10,558)
NET CURRENT ASSETS		259,174	255,496
TOTAL ASSETSLESSCURRENT
LIABILITIES		286,449	286,034
CREDITORS
Amounts falling due after more than one
year	13	(36,732)	(42,688)
NET ASSETS		249,717	243,346
FUNDS	15
Unrestricted funds		249,717	243,346
TOTAL FUNDS		249,717	243,346

31.3.22						31.3.23
				Notes
	Cash flows from	operating		activities
~22,373)	Cash generated from operations					11,535
~22,373)	Net cash provided	by/(used		in) operating	activities	11,535
	Cash flows from	investing		activities
(20,308)	Purchase oftangible fixed		assets			~10,394)
(20,308)	Net cash used in	investing	activities			(10,394)
	Change in cash and cash		equivalents
(42,681)	in the reporting	period				1,141
	Cash and cash equivalents			at the
284,735	beginning ofthe	reporting		period		242,054
242,054	Cash and cash equivalents			at the end		243,195
	ofthe reporting	period

OPERATING ACTIVITI	ES
			31.3.23	31.3.22
Net income/(expenditure)	for the reporting	period (as per the
Statement ofFinancial Activities)			6,371	(28,859)
Adjustments for:
Depreciation charges			13,657	12,386
Increase in debtors Decrease in creditors			(3,000) ~5,493)	(5,544) ~356)
Net cash provided by/(used	in) operations		11,535	t22, 373)

ANALYSIS OF CHA	N	GES IN NET FUND	S
			At 1.4.22	Cash flow	At 31.3.23
Net cash
Cash at bank and in hand			242,054	1,141	243,195
			242,054	1,141	243,195
Debt
Debts falling due within		1 year	(5,956)		(5,956)
Debts falling due after	1	year	~42,688)	5,956	~36,732)
			~48,644)	5,956	~42,688)
Total			193,410	7,097	200,507

7.	STAFFCOSTS
					31.3.23	31.3.22
	Wages and salaries				386,411	336,458
	Social security costs				13,806	11,556
	Other pension costs				5 520	5,249
					405,737	353,263
	The average monthly	number ofemployees			during the year was as follows:
					31.3.23	31.3.22
	Paid employees				35	32
	No employees received		emoluments	in excess off60,000.
8.	COMPARATIVES	FORTHE STATEMENT OF FINANCIAL ACTIVITIES
						Unrestricted
						fund
	INCOME AND ENDOWMENTS			FROM
	Donations and legacies					415,675
	Other trading activities					4,000
	Total					419,675
	EXPENDITURE ON
	Other					448,534
	NET INCOME/(EXPENDITURE)					(28,859)
	RECONCILIATION		OFFUNDS
	Total funds brought	forward				272,205
	TOTAL FUNDS CARRIED
	FORWARD					243,346

			31.03.23	31.3.22
Independent	Examiners	Fees	1,560	1,392

	FOR THE YEAR ENDED 31MARCH 2023	FOR THE YEAR ENDED 31MARCH 2023
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.3.23	31.3.22
	Bank loans and overdraAs (see note 14)		5,956	5,956
	Accrued expenses		5,065	4,602
			11,021	10,558
13.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN		ONE YEAR
			31.3.23	31.3.22
	Bank loans (see note 14)		36,732	42,688
14.	LOANS
	An analysis ofthe maturity ofloans is given below:
			31.3.23	31.3.22
	Amounts falling due within one year on demand:
	Bank loans		5,956	5,956
	Amounts falling due between two and five years:
	Bank loans - 2-5 years		36,732	42,688
15.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.4.22	in funds	31.3.23
	Unrestricted funds
	General fund	243,346	6,371	249,717
	TOTAL FUNDS	243,346	6,371	249,717
	Net movement in funds, included	in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
	Unrestricted funds
	General fund	511,821	(505,450)	6,371
	TOTAL FUNDS	511,821	~505,450)	6,371

	FOR THE YEAR ENDED 31	MARCH 2023
		31.3.23	31.3.22
INCOME AND ENDOWMENTS
Donations and legacies
Fees		201,344	147,112
Grants received		305,477	268,563
		506,821	415,675
Other trading activities
Employment allowance		5,000	4,000
Total incoming resources		511,821	419,675
EXPENDITURE
Support costs
Management
Trustees' salaries		68,000	64,972
Wages		318,411	271,486
Social security		13,806	11,556
Employer pension contributions		5,520	5,249
Rates, water rates, trade	waste and utilities	4,240	2,888
Light and heat		3,123	2,289
Rent		7,732	8,260
Telephone		2,359	2,172
Postage and stationery		3,293	2,474
Advertising		723	340
Sundries		8,496	7,717
Repairs and renewals		12,116	10,495
Legal and professional	fees	2,710	2,790
School equipment		20,580	19,884
Accountancy		1,590	1,422
Training		2,762	1,526
Staff uniform		618	587
Insurance		1,874	2,337
Motor expenses		3,448	1,821
Vehicle lease		5,690	12,627
Software and subscription		3,553	2,216
Bank loan interest		1,149	1,040
Depreciation oftangible	assets	13,657	12,386
		505,450	448,534
Total resources expended		505,450	448,534
Net income/(expenditure)		6,371	~28,859)