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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 08205128 (England and Wales) REGISTERED CHARITY NUMBER: 1150645

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

EARLY DAYS PRE-SCHOOL

Jones Hunt & Keelings Chartered Certified Accountants and Chartered Tax Advisers 71 Knowl Piece Wilbury Way Hitchin Hertfordshire SG4 0TY

EARLY DAYS PRE-SCHOOL

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 13
Detailed Statement of Financial Activities 14

EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The trustees have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Charity Commission.

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities, and in particular, the specific guidance on charities for the advancement of Education.

The charity's purpose as set out in the objects contained in the company's memorandum of association are to enhance the development and education of children primarily under statutory school age by encouraging parents to understand and provide for the needs of their children through community groups and by:

1) Offering appropriate play, education and care facilities and training courses, together with the right of parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability;

2) Encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs;

3) Instigating and adhering to and further the aims and objects of the Preschool Learning Alliance.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The Pre-School has had a successful year after the struggles with the Covid Pandemic the previous year. There are a wide mix of age ranges attending and we continue to attract children attending the nursery at Oughton School for lunches and the afternoon wraparound care.

A maximum of 30 children aged between two and five years may attend the Pre-School at any one time. There were over 50 children on roll, all of whom are in the early years age range. The Pre-School receives government funding for early education places - this can be for 15 hours, 30 hours or 2 year old funding. It supports children with special educational needs and/or disabilities and those who speak English as an additional language, numbers of which are increasing. Up to 10 staff directly work with the children.

Fundraising activities

We have completed the following fundraising activities this year and raised a total of £3,552: The fundraising activities and the amounts raised included:

Christmas Baubles Selling Early Days Pre-School T-Shirts Christmas Raffle 'Wear something Christmassy'

Page 1

EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

FINANCIAL REVIEW

The total income for the period of trading was £164,166. The majority of the income for the Pre-School comes from Government funding for pre-school children (£139,221). The remainder is obtained from fees charged to parents (£24,945) and further fundraising.

At 31 March 2022, we had net cash assets of £76,580 which are held in our bank accounts.

At the beginning of 2020, a novel coronavirus (COVID-19) was identified as a global health risk and a global pandemic was declared by the World Health Organisation (WHO) in February 2020. In March 2020, the UK Government implemented restrictions and social distancing guidelines, which although have eased during this financial year, have had an impact on our setting, especially if we have had cases of Covid-19 and had to temporarily close/reduce numbers.

At the time of drafting the report (4Q2022), Coronavirus is still a risk and although there are no restrictions in place, staff continue to be vigilant and we request that parents keep their children off if they show any of the symptoms. There has also continued to be increases in spending for personal protection (PPE) and cleaning products.

The Government's furlough scheme was finally closed (Coronavirus Job Retention Scheme) on 30 September 2021 and the Coronavirus Statutory Sickness Pay scheme was also stopped on 24 March 2022.

Parent fees were increased in September 2021, to try and offset the reduction in income, the increases in National Minimum Wage and National Insurance contributions and the rises in the general costs of living. Parent fees were also agreed at a committee meeting in March 2022 to be increased in both April and September 2022. It was felt that 2 smaller increases would be better received than a larger single increase.

Early Days Pre-School use a company called Peninsula for HR and Health & Safety Advice/support - these are invaluable services to the management to ensure we are meeting all are legal obligations. We also subscribe to the Employee Assistance Programme which provides support to staff via Health Assured. However, this benefit is generally not used by staff and its usefulness will be reviewed at renewal. Unfortunately, we are only 1 year into a 5 year contract and costs £21.60/month.

At the time of the report, once again, our only ongoing debt remains the outstanding rent between April 2016 and November 2019. This was accrued whilst the lease was being negotiated and we could not pay as we were not invoiced. We have still not received an invoice for the rent owing between April 2016 and November 2019. This has been followed up by Early Days Pre-School with Carter Jonas, the company responsible for managing the lease and accounts on behalf of Hertfordshire County Council.

During reconciliation of accounts, it was identified that we could not find some receipts for costs during the year. The total amount paid out related to receipts missing is £230.87. There is also details missing for the grant received for £173.20 from Hitchin Youth Trust.

During this financial year, an accounting system (FreeAgent) provided free through NatWest bank continues to be used to reconcile transactions and invoicing of parent fees, so payments made via BACS can be reconciled, making parent fee invoicing more robust. Most parents now pay via BACS rather than cash.

FUTURE PLANS

Early Days Pre-School are continuing to enhance the setting in various ways, including the outdoor area. The COVID-19 pandemic has continued to have a negative impact on our fundraising ability, but we hope that this improves in the coming year.

There has been a request from the adjoining Oughton Family Centre that we have our own adult toilet within our setting, and the feasibility of this continues to be investigated (this was delayed due to Pandemic). We also need to re-review our current alarm system so that we have our own independent system, rather than being linked with Oughton Family Centre.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The organisation is a charitable company limited by guarantee, incorporated on 6 September 2012 and has no share capital. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1 (one pound).

Page 2

EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees/management committee

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as the members of the Management Committee. Most members of the Management Committee give their time voluntarily and receive no benefits from the charity. One director, Mrs Paula Carr, the Pre-School manager, is a director and trustee but does not receive or will receive any remuneration for their trustee role and play no part in any management decisions that may directly affect them (eg salary rises). It is always the aim to recruit trustees from the parents of the children attending the Pre-School.

There have been several changes in the trustees/Directors during this reporting period:

o Miss Tajah Rivenell o Miss Jessica Papapetrou o Miss Chloe Griffin.

The management committee aim to meet at least 3 times a year. An agenda and minutes are produced with actions. Decisions of the committee can be either at meetings or via email discussions, and these email decisions are retained.

The committee members are responsible for making decisions on all matters of general concern and importance to Early Days Pre-School, including deciding on how the funds are to be spent. They are also responsible for ensuring appropriate remuneration of staff and payment of invoices. However, the day to day running, and planning activities of the Pre-School itself are primarily the responsibility of the Pre-School manager, with input from the committee, when necessary.

Organisational structure

Early Days Pre-School was registered in November 2002 and became a Company limited by guarantee on 6 September 2012. On 5th November 2019, the name was officially changed from 'Early Days Playgroup' to 'Early Days Pre-School' in order to better reflect the activities that we do and service we provide. A new logo was also produced.

The Pre-School operates from a large, self-contained room on the site of Oughton Primary and Nursery School in Hitchin, which is in a designated area of deprivation. The children have access to an outdoor area and a covered outdoor classroom.

The Pre-School operates Monday to Friday during term times (38 weeks) between the hours of 8.45am and 3.15pm. This includes a morning and afternoon session of 3 hours each and a lunch club between 11.45am and 12.15pm. Children can attend for a variety of sessions. A maximum of 30 children aged between two and five years may attend the Pre-School at any one time. There can be up to 70 children on roll, all of whom are in the early years age range and the Pre-School receives funding for early education places. It supports children with special educational needs and/or disabilities and those who speak English as an additional language. To support these children, a member of staff became a dedicated SENDCo in April 2019.

Nine staff directly work with the children. All staff hold relevant National Vocational Qualifications (NVQs) at level 2 or 3 and receive additional appropriate training when required. The Pre-School is registered with Ofsted on the Early Years Register and the compulsory and voluntary parts of the Childcare Register. All staff completed their Paediatric First Aid Training in January 2022.

Risk management

The directors/trustees have a duty to identify and review the risks to which the charity is exposed and ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

08205128 (England and Wales)

Registered Charity number

1150645

Registered office

Oughton Primary And Nursery School Mattocke Road Hitchin Hertfordshire SG5 2NZ

Page 3

EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

Trustees

Mrs D Mitchell Mrs M Aloisi Mrs P G Carr Mrs S King Ms M Cave (resigned 1.12.2021) Miss R Lyden Miss J L Papapetrou (appointed 1.12.2021) Miss C E Griffin (appointed 1.12.2021) Miss T P Rivenell (appointed 1.12.2021)

Independent Examiner

Alf Del Basso FCCA Jones Hunt & Keelings Chartered Certified Accountants and Chartered Tax Advisers 71 Knowl Piece Wilbury Way Hitchin Hertfordshire SG4 0TY

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Early Days Pre-School for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 12 December 2022 and signed on its behalf by:

Miss R Lyden - Trustee

Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

Independent examiner's report to the trustees of Early Days Pre-School ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Alf Del Basso FCCA Jones Hunt & Keelings Chartered Certified Accountants and Chartered Tax Advisers 71 Knowl Piece Wilbury Way Hitchin Hertfordshire SG4 0TY

12 December 2022

Page 5

EARLY DAYS PRE-SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

2022
Unrestricted
Restricted
Total
funds
funds
funds
Notes
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
155,336
8,830
164,166
Other trading activities
3
3,552
-
3,552
Investment income
4
5
-
5
Total
158,893
8,830
167,723
EXPENDITURE ON
Charitable activities
Charitable activities
23,154
-
23,154
Staff costs
126,276
-
126,276
Total
149,430
-
149,430
NET INCOME/(EXPENDITURE)
9,463
8,830
18,293
Transfers between funds
13
8,830
(8,830)
-
Net movement in funds
18,293
-
18,293
RECONCILIATION OF FUNDS
Total funds brought forward
57,038
-
57,038
TOTAL FUNDS CARRIED FORWARD
75,331
-
75,331		 2021
Total
funds
£
108,273
204
20
108,497
23,229
114,627
137,856
(29,359)
-
(29,359)
86,397
57,038

The notes form part of these financial statements

Page 6

EARLY DAYS PRE-SCHOOL (REGISTERED NUMBER: 08205128)

BALANCE SHEET 31 MARCH 2022

Unrestricted
Restricted
funds
funds
Notes
£
£
FIXED ASSETS
Tangible assets
9
5,080
-
CURRENT ASSETS
Debtors
10
1,509
-
Cash at bank
76,580
-
78,089
-
CREDITORS
Amounts falling due within one year
11
(7,838)
-
NET CURRENT ASSETS
70,251
-
TOTAL ASSETS LESS CURRENT LIABILITIES
75,331
-
NET ASSETS
75,331
-
FUNDS
13
Unrestricted funds
TOTAL FUNDS		 2022
Total
funds
£
5,080
1,509
76,580
78,089
(7,838)
70,251
75,331
75,331
75,331
75,331		 2021
Total
funds
£
8,236
330
56,901
57,231
(8,429)
48,802
57,038
57,038
57,038
57,038

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 12 December 2022 and were signed on its behalf by:

R Lyden - Trustee

The notes form part of these financial statements

Page 7

EARLY DAYS PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The presentation currency of the financial statements is the pound sterling (£).

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 20% on cost
Computer equipment - 33% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

Parents contributions
Funding
Grants		 2022
£
24,945
139,221
-
164,166		 2021
£
14,093
90,920
3,260
108,273

Funding obtained generally are shown as an incoming resource. Funding obtained specifically are offset against the resource expenditure in the period which it relates.

continued...

Page 8

EARLY DAYS PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

3. OTHER TRADING ACTIVITIES
2022 2021
£ £
Fundraising events 3,552 204
4. INVESTMENT INCOME
2022 2021
£ £
Interest receivable - trading 5 20
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2022 2021
£ £
Depreciation - owned assets 3,156 3,156

6. TRUSTEES' REMUNERATION AND BENEFITS

Remuneration of £23,597 (2021 - £20,859) was paid to P Carr during the year for her role as Pre-School manager and OFSTED nominated person, no remuneration was received for her role as trustee.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.

7. STAFF COSTS

The average monthly number of employees during the year was as follows:

8.

Day care staff
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
106,185
Other trading activities
204
Investment income
20
Total
106,409
EXPENDITURE ON
Charitable activities
Charitable activities
23,229
Staff costs
114,627
Total
137,856
NET INCOME/(EXPENDITURE)
(31,447)
Transfers between funds
2,088		 2022
9
Restricted
funds
£
2,088
-
-
2,088
-
-
-
2,088
(2,088)		 2021
11
Total
funds
£
108,273
204
20
108,497
23,229
114,627
137,856
(29,359)
-

continued...

Page 9

EARLY DAYS PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
Net movement in funds
(29,359)
-
RECONCILIATION OF FUNDS
Total funds brought forward
86,397
-
TOTAL FUNDS CARRIED FORWARD
57,038
-
9.
TANGIBLE FIXED ASSETS
Improvements
to
Computer
property
equipment
£
£
COST
At 1 April 2021 and 31 March 2022
9,459
3,829
DEPRECIATION
At 1 April 2021
3,311
1,741
Charge for year
1,892
1,264
At 31 March 2022
5,203
3,005
NET BOOK VALUE
At 31 March 2022
4,256
824
At 31 March 2021
6,148
2,088
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Trade debtors
1,178
Prepayments and accrued income
331
1,509
11.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Social security and other taxes
1,096
Accruals and deferred income
6,742
7,838		 Total
funds
£
(29,359)
86,397
57,038
Totals
£
13,288
5,052
3,156
8,208
5,080
8,236
2021
£
-
330
330
2021
£
1,136
7,293
8,429

Deferred income totalling £199 relates to parent contributions made in advance for sessions post year end.

continued...

Page 10

EARLY DAYS PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

12. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years
13.
MOVEMENT IN FUNDS
At 1.4.21
£
Unrestricted funds
General fund
57,038
Restricted funds
Clubs
-
TOTAL FUNDS
57,038
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Clubs
TOTAL FUNDS
Comparatives for movement in funds
At 1.4.20
£
Unrestricted funds
General fund
86,397
Restricted funds
Clubs
-
TOTAL FUNDS
86,397		 Net
movement
in funds
£
9,463
8,830
18,293
Incoming
resources
£
158,893
8,830
167,723
Net
movement
in funds
£
(31,447)
2,088
(29,359)		 2022
2021
£
£
1,049
1,049
787
1,836
1,836
2,885
Transfers
between
At
funds
31.3.22
£
£
8,830
75,331
(8,830)
-
-
75,331
Resources
Movement
expended
in funds
£
£
(149,430)
9,463
-
8,830
(149,430)
18,293
Transfers
between
At
funds
31.3.21
£
£
2,088
57,038
(2,088)
-
-
57,038		 2022
2021
£
£
1,049
1,049
787
1,836
1,836
2,885
Transfers
between
At
funds
31.3.22
£
£
8,830
75,331
(8,830)
-
-
75,331
Resources
Movement
expended
in funds
£
£
(149,430)
9,463
-
8,830
(149,430)
18,293
Transfers
between
At
funds
31.3.21
£
£
2,088
57,038
(2,088)
-
-
57,038		 2022
2021
£
£
1,049
1,049
787
1,836
1,836
2,885
Transfers
between
At
funds
31.3.22
£
£
8,830
75,331
(8,830)
-
-
75,331
Resources
Movement
expended
in funds
£
£
(149,430)
9,463
-
8,830
(149,430)
18,293
Transfers
between
At
funds
31.3.21
£
£
2,088
57,038
(2,088)
-
-
57,038		 2021
£
1,049
1,836
2,885
18,293
At
31.3.21
£
57,038
-
57,038
57,038

continued...

Page 11

EARLY DAYS PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

13. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
106,409
Restricted funds
Clubs
2,088
TOTAL FUNDS
108,497
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At 1.4.20
in funds
£
£
Unrestricted funds
General fund
86,397
(21,984)
Restricted funds
Clubs
-
10,918
TOTAL FUNDS
86,397
(11,066)		 Resources
Movement
expended
in funds
£
£
(137,856)
(31,447)
-
2,088
(137,856)
(29,359)
Transfers
between
At
funds
31.3.22
£
£
10,918
75,331
(10,918)
-
-
75,331

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Clubs
TOTAL FUNDS		 Incoming
resources
£
265,302
10,918
276,220		 Resources
Movement
expended
in funds
£
£
(287,286)
(21,984)
-
10,918
(287,286)
(11,066)

14. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2022.

continued...

Page 12

EARLY DAYS PRE-SCHOOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

15. ULTIMATE CONTROLLING PARTY

The charity is controlled by the trustees.

Page 13

EARLY DAYS PRE-SCHOOL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

INCOME AND ENDOWMENTS
Donations and legacies
Parents contributions
Funding
Grants
Other trading activities
Fundraising events
Investment income
Interest receivable - trading
Total incoming resources
EXPENDITURE
Staff costs
Wages
Social security
Pensions
Training
Support costs
Management
Purchases
Insurance
Telephone
Postage and stationery
Sundries
Subscriptions
Finance
Bank charges
Information technology
Computer expenses
Property expenditure
Premises costs
Improvements to property
Computer equipment
Governance costs
Accountancy and legal fees
Total resources expended
Net income/(expenditure)		 2022
£
24,945
139,221
-
164,166
3,552
5
167,723
120,999
2,400
1,665
1,212
126,276
4,196
883
873
306
1,047
4,801
12,106
420
386
4,351
1,892
1,264
7,507
2,735
149,430
18,293		 2021
£
14,093
90,920
3,260
108,273
204
20
108,497
112,487
258
1,342
540
114,627
4,466
769
1,172
304
878
4,131
11,720
296
336
4,781
1,892
1,264
7,937
2,940
137,856
(29,359)

This page does not form part of the statutory financial statements

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