||||Pages|| |---|---|---|---|---| |Trustees'
Annual
Report|||2to8|| |Independent
Examiner's|Report||9to10|| |Statement
of Financial Activities||||| |Summary
Income and Expenditure||Account||12| |Balance Sheet||||13| |Statement
ofCash flows||||14| |Notes tothe Accounts|||15to|22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |This distorts the normal trading
results.
I
revised figures would
be:—|fproperty
depreciation
wa|s ignored
as well as g|rant incom| |---|---|---|---| |||2020|2019| |||E|E| |Total unrestricted
funds of||37,109|(30,156)| |Less grants
received for Covid-19 support||(31,337)|| |Add deprecation
on fixed assets created|by use ofgrants||| |for capital expenditure||15,668|15,669| |Increase (decrease)
in reserves for the year||21,440|(14,487)| |based on normal trading
activities.|||| ## ## ## ## ## ## ## ## ## ## |for the year ended 31August|2020|||| |---|---|---|---|---| |||Unrestricted||| |||funds|Total funds|Total funds| |||2020|2020|2019| ||Notes|f|E|E| |Income and endowments||||| |from:||||| |Donations
and legacies||1,925|1,925|1,034| |Charitable
activities||786,648|786,648|796,838| |Other||31,337|31,337|| |Total||819,910|819,910|797,872| |Expenditure
on:||||| |Charitable
activities||758,076|758,076|801,327| |Other||24,725|24,725|26,701| |Total||782,801|782,801|828,028| |Net gains on investments||||| |Net income/(expenditure)||37,109|37,109|(30,156)| |Transfers
between
funds||||| |Net income/(expenditure)
before other gains/(losses)||37,109|37,109|(30,156)| |Other gains and losses||||| |Net movement
in funds||37,109|37,109|(30,156)| |Reconciliation
offunds:||||| |Total funds brought
forward||478,987|478,987|509,143| |Total funds carried forward||516,096|516,096|478,987| |||||2020|2019| |---|---|---|---|---|---| |||||6|E| |Income||||819,910|797,872| |Gross income for||the year||819,910|797,872| |Expenditure||||758,076|801,327| |Fundra ising|costs||||70| |Interest payable||||2,275|3,151| |Depreciation|and|charges|for||| |impairment|offixed assets|||22,450|23,480| |Total expenditure||for the|year|782,801|828,028| |Net income/(expenditure)|||before tax||| |forthe year||||37,109|(30,156)| |Net income|/(expenditure||)for the year|37,109|(30,156)| |Trinity Gateway
Community
Services
Balance Sheet
at 31August 2020|Trinity Gateway
Community
Services
Balance Sheet
at 31August 2020|||| |---|---|---|---|---| |Company
No.
07305352||Notes|2020|2019| ||||6|6| |Fixed assets||||| |Tangible assets||9|730,954|753,155| ||||730,954|753,155| |Current assets||||| |Debtors||10|7,494|6,188| |Cash at bank and|in hand||86,057|1,737| ||||93,551|7,925| |Creditors: Amount
falling due within one year||11|(123,239)|(108,925)| |Net current liabilities|||(29,688)|(101,000)| |Total assets less current
liabilities|||701,266|652,155| |Creditors: Amounts|falling due after more than one year|12|(185,170)|(173,168)| |Net assets excluding|pension asset or liability||516,096|478,987| |Total net assets|||516,096|478,987| |The funds ofthe charity||||| |Restricted funds||13||| |Unrestricted
funds||13||| |General funds|||516,096|478,987| ||||516,096|478,987| |Reserves||13||| |Total funds|||516,096|478,987| |||||2020|2019| |---|---|---|---|---|---| |||||E|6| |Cash flows from operating|activities||||| |Net income/(expenditure)|per Statement|ofFinancial Activities||37,109|(30,156)| |Adjustments
for:|||||| |Depreciation
of property,
plant and equipment||||22,450|23,480| |Other income with regards to Coronavirus.||||(31,337)|(1,034)| |(Increase)/Decrease
in trade and other||receivables||(1,306)|5,084| |Increase
in trade and other payables||||53,695|425| |Net cash provided
by/(used|in) operating|activities||80,611|(2,201)| |Cash flows from investing|activities||||| |Payments
for property,|plant and equipment|||(249)|(3,102)| |Other income with regards to Coronavirus.||||31,337|1,034| |Net cash from/(used
in) investing
activities||||31,088|(2,068)| |Cash flows from financing|activities||||| |Additional
borrowings||||22,292|(34,316)| |Net cash from/(used
in) financing
activities||||22,292|(34,316)| |Net increase/(decrease)
in|cash and cash equivalents|||133,991|(38,585)| |Cash and cash equivalents|at the beginning||ofthe year|(47,967)|(9,382)| |Cash and cash equivalents|at the end ofthe||year|86,024|(47,967)| |Components
ofcash and cash equivalents|||||| |Cash and bank balances||||86,057|1,737| |Bank overdrafts||||(33)|(49,704)| |||||86,024|(47,967)| ## ## ## ## |Fund accoun|Fund accoun|ting|||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted||funds|These are available for use at the discretion ofthe trustees
in furtherance|||of|the||| ||||general objects ofthe charity.||||||| |Designated||funds|These are unrestricted
funds earmarked
by the trustees|for particular
purposes.|||||| |Revaluation||funds|These are unrestricted
funds which include a revaluation|reserve|representing|||the|| ||||restatement
of investment
assets at their market values.||||||| |Restricted|funds||These are available for use subject to restrictions
imposed
by the||donor or|through|||| ||||terms of an appeal.||||||| |Income|||||||||| |Recognition||of|Income
is included
in the Statement of Financial Activities (SoFA)||when the|charity|||| |income|||becomes entitled to, and virtually
certain to receive, the|income|and the amount||||of| ||||the income can be measured
with sufficient
reliability.||||||| |Income with||related|Where income has related expenditure
the income and|related expenditure|||is||| |expenditure|||reported
gross in the SoFA.||||||| |Donations|and||Voluntary
income received
by way ofgrants, donations
and gifts||is included|in the the|||| |legacies|||SoFA when receivable
and
only when the Charity
has unconditional
entitlement||||||to the| ||||income.||||||| |Tax reclaims||on|Income from tax reclaims
is included
in the SoFA at the same time as the gift/donation||||||| |donations|and gifts||to which
it relates.||||||| |Donated services|||These are only included
in income (with an equivalent
amount
in||expenditure)|||where|| |and facilities|||the benefit to the Charity
is reasonably
quantifiable,
measurable||and material.||||| |Volunteer|help||The value ofany volunteer
help received
is not included|in the accounts.|||||| |Investment|income||This is included
in the accounts when receivable.||||||| |Gains/(losses)||on|This includes
any gain or loss resulting
from revaluing
investments||to market||value at||| |revaluation|offixed||the end ofthe year.||||||| |assets|||||||||| |Gains/(losses)||on|This includes
any gain or loss on the sale of investments.||||||| |investment|assets||||||||| |s to the Ac|counts|||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Expenditure||||||||||| |Recognition|of||Expenditure
is recognised|on an accruals basis. Expenditure|||includes||any VAT which|| |expenditure|||cannot be fully recovered,|and
is reported
as part|ofthe expenditure||||to which
it|| ||||relates.|||||||| |Expenditure|on||These comprise the costs|associated
with attracting||voluntary||income, fundraising||| |raising funds|||trading costs and investment
management
costs.|||||||| |Expenditure|on||These comprise the costs|incurred
by the Charity|in|the delivery of its activities and||||| |charitable
activities|||services
in the furtherance|of its objects, including||the making ofgrants and||||| ||||governance
costs.|||||||| |Grants payable|||All grant expenditure
is accounted for on an actual|||paid basis||plus an|accrual for grants|| ||||that have been approved|by the trustees at the end ofthe year but not yet||||||paid.| |Governance|costs||These include those costs|associated with meeting||the constitutional|||and statutory|| ||||requirements
ofthe Charity,
including
any audit/independent|||||examination||fees, costs| ||||linked to the strategic management
ofthe Charity,|||together||with a share of||other| ||||administration
costs.|||||||| |Other expenditure|||These are support costs not allocated to a particular
activity.|||||||| |Taxation||||||||||| |The charity|is exempt||from corporation
tax on its charitable
activities.|||||||| |Tangible fixed assets|||and depreciation|||||||| |Depreciation|is provided
at the following
annual|||rates in order to write|offeach asset over||||its estimated|| |usefullife:||||||||||| |Leasehold
property|||2%Straight
line|||||||| |Preschool Equipment|||10 —33%Straight|line||||||| |Office Equipment||& F gr F
25 —33%Straight||line||||||| ## ## ## ## ## ## ## ## ## ## ## ## |3|Income fro|m|donations|and legacies|||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Total|Total| |||||||2020|2019| |||||||6|| ||||||1,925|1,925|1,034| ||||||1,925|1,925|1,034| |4|Income from||charitable|activities|||| ||||||Unrestricted|Total|Total| |||||||2020|2019| ||Early Years|funding|||690,570|690,570|655,514| ||Grants - Resources||||22,375|22,375|25,101| ||Fees||||73,095|73,095|114,130| ||Miscellaneous||||608|608|2,093| ||||||786,648|786,648|796,838| |5|Other income||||||| ||||||Unrestricted|Total|Total| |||||||2020|2019| ||Coronavirus||rates grant||10,000|10,000|| ||Coronavirus|Job Retention|||||| ||Scheme Grant||||21,337|21,337|| ||||||31,337|31,337|| ## ## |6|Expenditure|on charita|ble
activities|||| |---|---|---|---|---|---|---| |||||Unrestricted|Total|Total| ||||||2020|2019| ||Provision
of|Preschools||695,415|695,415|734,318| ||Management|Accountancy||15,959|15,959|17,418| ||Bank Charges|||3,278|3,278|2,982| ||Insurance|||4,470|4,470|4,506| ||Legal and Professional|||3,024|3,024|7,186| ||Office Costs|||7,513|7,513|6,694| ||Software|||16,980|16,980|16,730| ||Sundry Expenses|||227|227|579| ||Telephone
and internet|||10,202|10,202|9,612| ||Governance|Costs||1,008|1,008|1,302| |||||758,076|758,076|801,327| |7|Other expenditure|||||| |||||Unrestricted|Total|Total| ||||||2020|2019| ||Fundraising|costs||||70| ||Bankloan
and overdraft|||||| ||interest payable|||2,275|2,275|3,151| ||Amortisation,|depreciation,||||| ||impairment,|profit/loss|on|22,450|22,450|23,480| ||disposal offixed assets|||||| |||||24,725|24,725|26,701| ## ||2020|2019| |---|---|---| |Salaries and wages|580,210|592,030| |Social security costs|13,167|15,200| |Pension costs|5,808|4,739| ||599,185|611,969| |The average|monthly|number|of full time equivalent|employees|during the year was as follows:|| |---|---|---|---|---|---|---| ||||||2020|2019| ||||||Number|Number| |Preschool Staff|||||58|62| |Admin Staff||||||| ||||||62|66| ## ## |||||Office|| |---|---|---|---|---|---| |||Land and
buildings|Preschool
Equipment|Equipment
Bcp&F|Tota I| |||||E|| |Cost or revaluation|||||| |At 1September 2019||767,234|74,952|20,661|862,847| |Additions|||249||249| |At 31August|2020|767,234|75,201|20,661|863,096| |Depreciation|and||||| |impairment|||||| |At 1September 2019||45,195|45,350|19,147|109,692| |Depreciation|charge forthe|15,668|5,957|825|22,450| |year|||||| |At 31August|2020|60,863|51,307|19,972|132,142| |Net book values|||||| |At 31August|2020|706,371|23,894|689|730,954| |At 31August|2019|722,039|29,602|1,514|753,155| ## |10|Debtors|||||||| |---|---|---|---|---|---|---|---|---| |||||||2020||2019| |||||||6||6| ||Trade debtors|||||742||1,168| ||Other debtors|||||630||630| ||Prepayments||and accrued income|||6,122||4,390| |||||||7,494||6,188| |11|Creditors:|||||||| ||amounts
falling due within one year|||||||| |||||||2020||2019| |||||||f||f| ||Bank loans|and overdrafts||||33||49,704| ||Otherloans|||||53,455||43,165| ||Trade creditors|||||14,010||9,710| ||Other taxes|and social||security||2,465||4,106| ||Other creditors|||||966||1,279| ||Accruals and deferred|||income||52,310||961| |||||||123,239||108,925| |12|Creditors:|||||||| ||amounts
falling due after more than one|||||||| ||year|||||||| |||||||2020||2019| |||||||6||6| ||Bank loans and overdrafts|||||50,000||| ||Otherloans|||||135,170||173,168| |||||||185,170||173,168| |13|Movement|in|funds|||||| |||||||Incoming||| ||||||At 1
September|resources
(including
other|Resources
expended|At 31August
2020| ||||||2019|gains/losses)||| |||||||6||| ||Restricted funds:|||||||| ||Unrestricted|funds:||||||| ||General funds||||478,987|819,910|(782801)|516,096| ||Revaluation|Reserves:||||||| ||Total funds||||478,987|819,910|(782,801)|516,096| ## ## |Analysis|of net assets|between
funds|||||| |---|---|---|---|---|---|---|---| |||||||Unrestricted|Total| |||||||funds|| |||||||E|E| |Fixed assets||||||730,954|730,954| |Net current assets||||||(29,688)|(29,688)| |Creditors|due in more|than one year and||||(185,170)|(185,170)| |provisions|||||||| |||||||516,096|516,096| |Commitments|||||||| |Operating|lease commitments||||||| |Annual
commitments||under non-cancellable|operating|leases are as follows:|||| ||||2020||2020|2019|2019| ||||Land|and|Other|Land and|Other| ||||buildings|||buildings|| |||||E||E|| |Operating|leases with|expiry date:|||||| |Within|one year||10,752|||19,320|| |In the second to fifth||years inclusive|31,584|||46,816|| |Over five years|||224,582|||234,849|| ||||266,918|||300,985|| |Pension commitments|||||||| ||||||2020||2019| ||||||E||E| |The pension cost charge to the company|||||||| |amounted|to:||||5,808||4,739| ## ## ## ## ##