||||Pages||
|---|---|---|---|---|
|Trustees'
Annual
Report|||||
|Independent
Examiner's|Report||||
|Statement
of Financial Activities|||||
|Summary
Income and Expenditure||Account||12|
|Balance Sheet||||13|
|Statement
of Cash flows||||14|
|Notes tothe Accounts|||1Sto|22|
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|||2022|2021|
|---|---|---|---|
|||E|E|
|Total unrestricted|funds of|6,004|5,626|
|Less grant received for Covid -19Support (see Misc. Income)||(4,322)|(16,853)|
|Add deprecation|on fixed assets created buy use ofgrants for capital expenditure|15,308|15,669|
|Increase(decrease|) in reserves for the year based on normal trading activities.|16,990|4,442|
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|Statement o
for the year|fFinancial Activiti
ended 31August|es
2022||||
|---|---|---|---|---|---|
||||Unrestricted|||
||||funds|Total funds|Total funds|
||||2022|2022|2021|
|||Notes|E|E|E|
|Income and|endowments|||||
|from:||||||
|Donations|and legacies||||1|
|Charitable|activities||763,154|763,154|791,077|
|Other|||4,861|4,861|17,892|
|Total|||768,015|768,015|808,970|
|Expenditure|on:|||||
|Charitable|activities||739,434|739,434|780,599|
|Other|||22,577|22,577|22,745|
|Total|||762,011|762,011|803,344|
|Net gains on|investments|||||
|Net income|||6,004|6,004|5,626|
|Transfers
between
funds||||||
|Net income|before other|||||
|gains/(losses)|||6,004|6,004|5,626|
|Other gains|and losses|||||
|Net movement
in funds|||6,004|6,004|5,626|
|Reconciliation
offunds:||||||
|Total funds brought forward|||521,722|521,722|516,096|
|Total funds carried forward|||527,726|527,726|521,722|
|||2022|2021|
|---|---|---|---|
|||f|E|
|Income||768,015|808,970|
|Gross income for the year||768,015|808,970|
|Expenditure||739,434|780,599|
|Interest payable||3,090|2,732|
|Depreciation|and charges for|||
|impairment|offixed assets|19,487|20,013|
|Total expenditure
for the year||762,011|803,344|
|Net income|before tax for the year|6,004|5,626|
|Net income|forthe year|6,004|5,626|
##
|Trinity Gateway Community
Services
Balance Sheet
at 31August 2022|Trinity Gateway Community
Services
Balance Sheet
at 31August 2022||||
|---|---|---|---|---|
|Company
No.
07305352||Notes|2022|2021|
||||6|f|
|Fixed assets|||||
|Tangible assets||9|693,170|712,029|
||||693,170|712,029|
|Current assets|||||
|Debtors||10|8,751|13,673|
|Cash at bank and|in hand||5,349|13,967|
||||14,100|27,640|
|Creditors: Amount
falling due within one year||11|(94,548)|(79,091)|
|Net current liabilities|||(80,448)|(51,451)|
|Total assets less current
liabilities|||612,722|660,578|
|Creditors: Amounts|falling due after more than one year|12|(84,996)|(138,856)|
|Net assets excluding|pension asset or liability||527,726|521,722|
|Total net assets|||527,726|521,722|
|The funds ofthe charity|||||
|Restricted funds||14|||
|Unrestricted
funds||14|||
|General funds|||527,726|521,722|
||||527,726|521,722|
|Reserves||14|||
|Total funds|||527,726|521,722|
||||2022|2021|
|---|---|---|---|---|
||||f|6|
|Cash flows from operating|activities||||
|Net income per Statement|of Financial Activities||6,004|5,626|
|Adjustments
for:|||||
|Depreciation
ofproperty,
plant and equipment|||19,487|20,013|
|Dividends,
interest and|rents from investments||(4,861)|(17,892)|
|Decrease/(Increase)
in trade and other||receivables|5,731|(6,179)|
|Decrease
in trade and other payables|||(2,912)|(44,499)|
|Net cash provided
by/(used|in) operating|activities|23,449|(42,931)|
|Cash flows from investing|activities||||
|Payments
for property,|plant and equipment||(628)|(1,088)|
|Dividends,
interest and|rents from investments||4,861|17,892|
|Net cash from investing
activities|||4,233|16,804|
|Cash flows from financing activities|||||
|Repayment
of borrowings|||(53,839)|(45,930)|
|Net cash used in financing|activities||(53,839)|(45,930)|
|Net decrease
in cash and cash equivalents|||(26,157)|(72,057)|
|Cash and cash equivalents|at the beginning|ofthe year|13,967|86,024|
|Cash and cash equivalents|at the end ofthe year||(12,190)|13,967|
|Components
ofcash and cash equivalents|||||
|Cash and bank balances|||5,349|13,967|
|Bank overdrafts|||(17,539)||
||||(12,190)|13,967|
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|last year and no chan|last year and no chan|last year and no chan|ges
have been made to accounts for previous years.||||||
|---|---|---|---|---|---|---|---|---|
|Fund accounting|||||||||
|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 ofan 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||||||
|legacies|||the 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 atthe same time asthe||||||
|donations|and gifts||gift/donation
to which it relates.||||||
|Donated services|||These are only included
in income (with an equivalent
amount
in expenditure)||||||
|and facilities|||where 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|
|revaluation||offixed|at the end ofthe year.||||||
|assets|||||||||
|Gains/(losses)
on|||This includes
any gain or loss on the sale of investments.||||||
|investment||assets|||||||
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||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
|4|Income from||charitable|activities|||||
|||||||Unrestricted|Total|Total|
||||||||2022|2021|
||Early Years|funding||||617,974|617,974|677,138|
||Grants - Resources|||||36,727|36,727|32,225|
||Fees|||||104,986|104,986|79,394|
||Miscellaneous|||||3,467|3,467|2,320|
|||||||763,154|763,154|791,077|
|5|Other income||||||||
|||||||Unrestricted|Total|Total|
||||||||2022|2021|
||Coronavirus||support grant|||4,861|4,861|17,892|
|||||||4,861|4,861|17,892|
|6|Expenditure||on charitable||activities||||
|||||||Unrestricted|Total|Total|
||||||||2022|2021|
||Provision ofPreschools|||||673,983|673,983|719,891|
||Management||Accountancy|||15,959|15,959|15,959|
||Bank Charges|||||2,413|2,413|2,040|
||Insurance|||||5,505|5,505|4,989|
||Legal and Professional|||||4,344|4,344|2,093|
||Office Costs|||||12,107|12,107|8,534|
||Software|||||16,979|16,979|18,208|
||Sundry Expenses|||||98|98|290|
||Telephone|and Internet||||6,876|6,876|7,441|
||Governance||Costs|||1,170|1,170|1,155|
|||||||739,434|739,434|780,599|
|Other expenditure|||||
|---|---|---|---|---|
|||Unrestricted|Total|Total|
||||2022|2021|
|Bank(eau and overdraft
interest payable||3,090|3,090|2,732|
|Amortisation,
depreciation,|||||
|impairment,
profit/loss|on|19,487|19,487|20,013|
|disposal offixed assets|||||
|||22,577|22,577|22,745|
||||2022|2021|
|---|---|---|---|---|
||||f|6|
|Salaries|and Wages||565,797|601,687|
|Statutory|Maternity|Pay Rebate|(6,572)|(8,744)|
|Social security costs|||13,354|15,056|
|Pension|Costs||6,623|6,622|
||||579,202|614,621|
|The average monthly|number of full time equivalent|employees|during the year was as follows:||
|---|---|---|---|---|
||||2022|2021|
||||Number|Number|
|Preschool Staff|||51|55|
|Admin Staff|||||
||||55|59|
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|9|Tangible fixe|d assets|||||
|---|---|---|---|---|---|---|
||||||Office||
||||Land and|Preschool|||
||||buildings|Equipment|Equipment
&F&F|Total|
||||||E|E|
||Cost or revaluation||||||
||At 1September 2021||767,234|75,431|21,519|864,184|
||Additions||||628|628|
||At 31August|2022|767,234|75,431|22,147|864,812|
||Depreciation|and|||||
||impairment||||||
||At 1September 2021||76,532|54,975|20,648|152,155|
||Depreciation|charge for the|15,309|3,579|599|19,487|
||year||||||
||At 31August|2022|91,841|58,554|21,247|171,642|
||Net book values||||||
||At 31August|2022|675,393|16,877|900|693,170|
||At 31August|2021|690,702|20,456|871|712,029|
|10|Debtors||||||
|||||2022||2021|
|||||f||E|
||Trade debtors|||3,859||1,258|
||Other debtors|||630||780|
||Prepayments|and accrued income||4,262||11,635|
|||||8,751||13,673|
|11|Creditors:||||||
||amounts
falling due within one year||||||
|||||2022||2021|
|||||E||E|
||Bank loans and overdrafts|||27,539||10,000|
||Otherloans|||43,860||43,839|
||Trade creditors|||6,636||14,040|
||Other taxes and social security|||2,659||1,402|
||Other creditors|||1,478||1,248|
||Accruals|||10,595||6,607|
||Deferred income|||1,781||1,955|
|||||94,548||79,091|
|12|Creditors:||||||
||amounts
falling due after more than one year||||||
|||||2022||2021|
|||||f||f|
||Bank loans and overdrafts|||27,500||37,500|
||Otherloans|||57,496||101,356|
|||||84,996||138,856|
##
##
|14|Movement
in funds||||||
|---|---|---|---|---|---|---|
|||||Incoming|||
|||||resources|||
|||||||At 31|
||||At 1
September|(including
other
gains/losses|Resources
expended|August
2022|
||||2021|)|||
|||||6|||
||Restricted funds:||||||
||Unrestricted
funds:||||||
||General funds||521,722|768,015|(762,011)|527,726|
||Totalfunds||521,722|768,015|(762,011)|527,726|
|15|Analysis ofnet assets between|funds|||||
||||||Unrestricted||
|||||||Total|
||||||funds||
||||||6|f|
||Fixed assets||||693,170|693,170|
||Net current assets||||(80,448)|(80,448)|
||Creditors due in more than one
provisions|year and|||(84,996)|(84,996)|
||||||527,726|527,726|
|16|Reconciliation ofnet debt||||||
|||||At 1||At 31|
|||||September||August|
|||||2021|Cash flows|2022|
|||||6|f.|6|
||Cash and cash equivalents|||13,967|(8,618)|5,349|
||Bank ove rd rafts||||(17,499)|(17,499)|
|||||13,967|(26,117)|(12,150)|
||Borrowings|||(145,195)|43,839|(101,356)|
||Bank loans|||(47,500)|10,000|(37,500)|
|||||(192,695)|53,839|(138,856)|
||Net debt|||(178,728)|27,722|(151,006)|
##
##
|Annual
co|mmitments
under
non-cancellable
|operating
leases are|as follows:|||
|---|---|---|---|---|---|
|||2022|2022|2021|2021|
|||Land and|Other|Land and|Other|
|||buildings||buildings||
|||E||E||
|Operating|leases with expiry date:|||||
|Within one year||19,968||17,956||
|In the second to fifth years inclusive||79,872||79,872||
|Over five years||257,078||279,058||
|||356,918||376,886||
|Pension commitments||||||
||||2022||2021|
||||f||E|
|The pension
cost charge tothe company||||||
|amounted|to:||6,623||6,622|
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