OpenCharities

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

2021-12-31-accounts

Reference and Administrative
Details
Trustees'
Report		 2 to 7
independent
Examiner's
Report
Statement ofFinancial
Activities		 9to 10
Balance Sheet
Statement ofCash Flows 12
Notes to the Financial
Statements		 13to 23

Reference and Administrative Reference and Administrative Reference and Administrative Reference and Administrative Reference and Administrative Details Details
Charity Registration Number 1154939
Patron Lady Emma Bernard
Chair KHaffenden
Trustees P R Jaimau
L Smith
G Launders
KThompson
K Haffenden
P Byfield
A Harvey, (appointed on 6 September 2021)
Nursery Operations Director SCharlesworth
Charity Communications Manager DCalderwood
Principal Office Wellesley
Avenue
Goring By Sea
Worthing
West Sussex
BN12 4PN
The charity is incorporated in England and Wales.
Bankers HSBC Bank
Warwick
Street		 Worthing
I Warwick
Street
Worthing
West Sussex
BNI I 3DE
Independent Examiner Matthew
Hodson		 FCA
Hodson tt Co
Independent
Examiner
Wiston House
I Wiston Avenue
Worthing
West Sussex
BN14 7QL

and Los ses)
Unrestricted Restricted Total
funds funds 2021
Note 6 g 8
income and Endowments from:
Donations
and legacies		 30,335 80,474 110,809
Charitable
activities		 735,216 9.522 744,738
Other trading
activities		 522 522
investment
income		 43 43
Other income 1,092 1,092
Total income 767,208 89,996 857,204
Expenditure
on:
Raising funds (13,433) (13,433)
Charitable
activities		 (601,556) (89,322) (690,878)
Total expenditure (614,989) (89,322) (704,311)
Net income
Transfers
between		 funds 152,219
6,512		 674
~6,6 2		 152,893
Net movement
in funds		 158,731 (5,838) 152,893
Reconciliation
offunds
Total funds brought forward 336,581 31,667 368,248
Total funds carried forward 16 495,312 25,829 521,141

C omparative
-3		 1December 2(t20
Unrestricted Restricted Total
funds funds 2020
Note
Income and Endowments frotn:
Donations
and legacies		 36,233 68,577 104,810
Charitable
activities		 456,410 11,476 467,886
Other trading
activities		 437 437
Investment
income		 155 155
Other income 683 683
Total income 493,918 80,053 573,971
Expenditure
on:
Raising
funds		 (10,265) (10,265)
Charitable
activities		 (519,296) (75,406) (594,702)
Total expenditure ~529.567 ~75,466 604,967
Net (expenditure)/income
Transfers
between
funds		 (35,643)
21,724		 4,647
~27,724		 (30,996)
Net movement
in funds		 (13,919) (17,077) (30,996)
Reconciliation offunds
Total funds brought
forward		 350,500 48,744 399,244
Total funds carried forward 16 336,581 31,667 368248

2021 2020
Note
Fixed assets
Tangible assets 10 300,512 308,406
Current assets
Debtors 11 4,391 4,148
Cash at batch and in hand 12 378,209 174,517
382,600 178,665
Creditors: Amounts falling due within one year 13 ~334,043 ~68823
Net current assets 268,557 1.09,842
Total assets less current liabilities 569,069 418,248
Creditors: Amounts falling due after more than one year 14 (47,928) (50,000)
Net assets 521,141 368,248
Funds ofthe charity:
Restricted income funds
Restricted
funds		 163 25,829 31,667
Unrestricted income funds
Unrestricted funds 495,312 336,581
Total funds If8 521,141 368,248

Statement ofCash Flo ws for the Y ear Ended 3 1December 202 1
2021 2020
Note f,
Cash flows from operating activities
Net cash income/(expenditure) 152,893 (30,996)
Adjustments
to cash flows from non-cash		 items
Depreciation
Investment
income		 18,664
~43		 16,961
(155)
171,514 (14,190)
Working
capital adjustments
Increase in debtors 11 (243} (645)
Increase in creditors 47 22~ 7,515
Net cash flows from operating activities 216,491 (7,320)
Cash flows from investing
activities
Interest receivable
and similar income
Purchase oftangible
fixed assets		 10 43
230,7703		 155
~24,869]
Net cash flows from investing activities (10,727) (24,714)
Cash flows from flnancing
activities
Repayment
ofloans and borrowings		 13 (2,072.1 50,000
Net increase in cash and cash equivalents 203,692 17,966
Cash and cash equivalents
at		 I January 174,517 156,551
Cash and cash equivalents
at 31 December		 378,209 174,517

2021 2020
Note g
Restricted
lndividuah 2,004 83
BBCChildren In Need 10,000 10,000
Camelia Botnar Foundation 25,000
Trusts - various 18,550 20,594
Early Years Teacher Status grant 4,900
Peter Harrison Foundation 8,000 8,000
West Sussex County Council 1,600
CAF Resilience Fund 17,685
Henry Smith Charitable Trust 10,000
Sussex Community
Foundation		 4,511
Southover Manor Educational Trust 8,124
80,474 68,577
ilnreesLcetd
Individuals 544 2,395
Trusts - other 2,750
Other organisations 12,976 550
Government
grants - CJRS/Covid		 SSP 14,065 33388
30,335 36,233
110,809 104,810
4
Income from charitable		 activities
Unrestricted
funds Restricted Total
General funds funds
a
735,216 9,522 744,738
Total for 2021 735,216 9,522 744,738
Total for 2020 456,410 11,476 467,886

Unrestricted
funds Total
General funds
Fundraising
income;
Other fundraising income 522 522
Total for 2021 522 522
Total for 2020 437 437
6
Expenditure		 on raising funds

Unrestricted
funds Total Total
General ZQZI 202Q
Note 0
Marketing and publicity 2,513 2,513 2,026
Other direct costs ofgenerating voluntary
income 10,920 10,920 8,239
13,433 13433 10,265

Activity
undertaken Activity
directly support costs 2021
g
Staff and support costs 461,575 111,159 572,734
Premises 39,548 17,768 57,316
Nursery expenses 40,371 40,371
Depreciation 17,763 665 18,428
Governance costs 2,029 2,029
559,257 131,621 690,878

Activity
undertaken Activity
directly support costs 2020
Staff and support costs 376,447 107,151 483,598
Premises 60,422 17,901 78,323
btursery expenses 14,079 14,079
Depreciation 16,062 665 16,727
Governance costs 2979 1,975
467,010 127,692 594,702

Governance costs
Unrestricted
funds Total Total
General 2021 2020
Independent examiner fees
Examination ofthe financial statements 1,794 1,794 1,740
Depreciation, amortisation and other similar costs 235 235 235
2 929 2,029 1.975
9
Staff costs
The aggregate payroll costs were as follows:
2021 2020
StatT costs during the year were:
Wages and salaries 509,948 435,063
Social security costs 26,781 22, 156
Pension costs 7,999 6,480
544,728 463,699

10 Tangible fixed assets
Laud and Furniture
and
buildings equipment Total
f,
Cost
At
I January 2021		 718,540 213,583 932,123
Additions 10,770 10,770
At 31 December 2021 718,540 224,353 942,893
Depreciation
At I January 2021 441I,643 183,074 623,717
Charge for the year 6,192 12,472 18,664
At 31 December 2021 446,835 195,546 642,381
Net book value
At 31 December 2021 271,705 28,807 300,512
At 31 December 2020 277,897 30,509 308,406

11 Debtors
2021 2020
8 g
Trade debtors 234
Prepayments 3.388 3,440
Other debtors I,003 474
4,391 4, 148

2021 2020
Cash on hand 68 70
Cash at bank 67,160 33,514
Short-term
deposits		 310,981 l40,933
378,209 174,517
13 Creditors: amounts falling due within one year
2021t 2020
Trade creditors 4,244 3,104
Other taxation and social security 6,956 6,849
Other creditors 98,836 52,913
Accruals 4,007 5,957
334.643 68 823
14 Creditors: amount s
falling		 due after one year
2021 2020
g
Other loans 47,928 50,000
15 Pension and other schemes
Defined contribution pension scheme

16 Funds
Balance at
Balance at I 31
January Incoming Resources December
2021 resources expended Transfers 2021
8 8
Unrestricted
funds
General
General
Fund		 58,684 767,208 (614,989) 12,704 223,607
Designated
Capital Reserve		 277,897 ~6)92) 271,765
Total unrestricted funds 336,581 767,2118 ~)6)4,989 6,512 495,312
Restricted funds
SENDCO salary grants 10,000 28,01)0 (28,000) 10,000
Magic Carpet 1,952 (1,952)
Early Years Pupil Premium 2,651 4,602 (2,821) (1,919) 2,513
Disability AccessFund 4,904 4,920 (3,742) 6,082
Other assets funded by
grants 8.901 (4,793) 4.108
Sensory Garden Project 3.259 (3,259)
Dishwasher 2,004 (2,004)
Salaries 17,685 (17,685)
Assistant
SENDCO project		 15,511 (I5,5 1 1 )
Bluebell mud kitchen 200 (200)
Health and physical
development
project		 1,300 (1,203) 97
Snowdrop
project		 14,624 (7.852) (4,593) 2,179
CalCo training 850 850
WSCC inclusion and
improvement
course		 300 (300)
Total restricted
funds		 31,667 89,996 ~8'J.3121 )6,532) 25.829
Total funds 368248 857,204 704,311) 521,141

Notes t o the Finan cial Statemen ts
for the Y		 ear Ended 3 1December 2 021
Balance at
Balance at I 31
January Incoming Resources December
2020 r canareas expended Transt'ers 2020
g g g
Unrestricted
funds
General
General Fund 66,411 493,918 (529,561) 27,916 58,684
Designated
Capital Reserve 284,089 (6,192) 277,897
Total unrestricted funds 350,500 493,918 (529,561) 21,724 336,581
Restricted
Makaton
Training		 150 (150)
Support staff and staff cover 4,900 (4,900)
SENDCO salary grants 10,000 28,000 (28,000) 10,000
Magic Carpet 19,442 (1,578) (15,912) 1,952
Early Years Pupil Premium 394 3,481 (550) (674) 2.651
Building Maintenance 1,541 (1,541)
Disability
AccessFund		 3,171 7,995 (3,648) (2,614) 4,904
Other assets funded by
grants 14,046 (5,145) 8,901
Sensory Garden Project
Boiler/heating
Project		 6,449
29,228		 (666)
~79,228		 (2,524) 3,259
Total restricted
funds		 48,744 80,053 ~75.406 ~23,7243 31,667
Total funds 399.244 573,971 ~t604.967 368248

Total funds at
Unrestricted funds Restricted 31December
General Designated funds 2021
g g
Tangible fixed assets 24,700 271,705 4,107 300,512
Current assets 360,878 21,722 382,600
Current
liabilities
Creditors over
1 year		 (114,043)
(47,928)		 (114,043)
~47.928
Total net assets 223,607 271,705 25,829 521,141
Total funds at
Unrestricted funds Restricted 31December
General Designated funds 2020
g g 8
Tangible fixed assets 21,609 277,897 8,900 308,406
Current assets 155,898 22,767 178,665
Current
liabilities
Creditors over
1 year		 (68,823)
~50 tON		 (68,823)
~59,NO
Total net assets 58,684 277,897 31,667 368,248
18 Analysis of net funds
At 31
At 1January Financing
cash		 December
2021 flows 2021
Cash at bank and m hand 174,517 203,692 378,209
Net debt 374.537 293 692 378,209
At 31
At 1January Financing
cash		 December
2020f Ilows
f		 2020
Cash at bank and in hand 156,551 17,966 174,517
Net debt 156,551 17,966 174,517