##
##
##
|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|