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||||Contents||
|---|---|---|---|---|
|Reference and Administrative||Details|||
|Trustees' Report||||2to S|
|Statement ofTrustees'|Responsibilities||||
|Independent
Auditors'|Report|||10to 12|
|Statement ofFinancial|Activities|||13to 14|
|Balance Sheet||||15|
|Statement ofCash Flows||||16|
|Notes to the Financial|Statements|||17to 29|
##
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|Charity|Registration|Number|Number|1154939||||
|---|---|---|---|---|---|---|---|
|Patron||||Lady Emma Bernard||||
|Chair||||K Haffenden||||
|Trustees||||P R Jarman||||
|||||L Smith||||
|||||G Launders||||
|||||K Thompson||||
|||||K Haffenden||||
|||||P Byfield||||
|||||A Harvey (resigned 29/06/22)||||
|Nursery|Operations|Director||S Charlesworth||||
|Charity|Communications||Manager|D Calderwood|(retired 29/03/23)|||
|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||||
|||||1 Warwick
Street||||
|||||Worthing||||
|||||West Sussex||||
|||||BN113DE||||
|Auditor||||Matthew
Hodson FCA||||
|||||Hodson
/k Co||||
|||||Wiston House||||
|||||1 Wiston Avenue||||
|||||Worthing||||
|||||West Sussex||||
|||||BN14 TQL||||
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|2022|
|||Note|E|||
|Income and Endowments|from:|||||
|Donations
and legacies|||8,827|18,234|27,061|
|Charitable
activities|||1,009,539|11,520|1,021,059|
|Other trading
activities|||924||924|
|Investment
income|||834||834|
|Other income|||4,600||4,600|
|Total income|||1,024,724|29,754|1,054,478|
|Expenditure
on:||||||
|Raising funds
Charitable
activities|||(1,915)
)889,744)|~442 874|(1,915)
~924,298)|
|Total expenditure|||(882,659)|(43,554)|(926,213)|
|Net income/(expenditure)|||142,065|(13,800)|128,265|
|Transfers
between
funds|||2,247|(2,247)||
|Net movement
in funds|||144,312|(16,047)|128,265|
|Reconciliation offunds||||||
|Total funds brought
forward|||495,312|25,829|521,141|
|Total funds camed forward||18|639,624|9,782|649,406|
##
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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|2021|
||||Note||8|g|
|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||||152,219|674|152,893|
|Transfers between|funds|||6,512|(6,512)||
|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||18|495,312|25,829|521,141|
##
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|||Balance Sheet as at 31De|cember 20|22||
|---|---|---|---|---|---|
|||||2022|2021|
||||Note|||
|Fixed assets||||||
|Tangible assets||||299,782|300,512|
|Current
assets||||||
|Debtors|||12|6,812|4,391|
|Cash at bank|and in hand||13|523,307|378,209|
|||||530,119|382,600|
|Creditors: Amounts||falling due within one year|14|(137,637)|(114,043)|
|Net current|assets|||392,482|268,557|
|Total assets|less current liabilities|||692,264|569,069|
|Creditors: Amounts||falling due after more than one year|15|(42,858)|(47,928)|
|Net assets||||649,406|521,141|
|Funds ofthe|charity:|||||
|Restricted
income funds||||||
|Restricted
funds|||18|9,782|25,829|
|Unrestricted|income|funds||||
|Unrestricted|funds|||639,624|495,312|
|Total funds|||18|649,406|521,141|
##
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|Statement|ofCash Flo|ws for the Y|ear Ended 31|December 2022||
|---|---|---|---|---|---|
|||||2022|2021|
||||Note|g||
|Cash flows from operating|activities|||||
|Net cash income||||128,265|152,893|
|Adjustments
to cash flows from non-cash||items||||
|Depreciation||||15,921|18,664|
|Investment
income||||(834)|(43)|
|||||143,352|171,514|
|Working capital adjustments||||||
|Increase in debtors|||12|(2,421)|(243)|
|Increase in creditors|||14|23,594|45,220|
|Net cash flows from operating|activities|||164,525|216,491|
|Cash flows from investing
activities||||||
|Interest receivable
and similar income||||834|43|
|Purchase oftangible
fixed assets||||(16,232)|(10,770)|
|Sale oftangible
fixed assets||||1,041||
|Net cash flows I'rom investing|activities|||(14,357)|(10,727)|
|Cash flows from financing
activities||||||
|Repayment ofloans and borrowings||||(5,070)|(2,072)|
|Net increase in cash and cash|equivalents|||145,098|203,692|
|Cash and cash equivalents
at|I January|||378,209|174,517|
|Cash and cash equivalents
at|31December|||523,307|378,209|
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|3
Income fro|m d|o|nati|ons
a|nd legacies||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
|||||||Note|g||
|Restricted|||||||||
|Individuals|||||||50|2,004|
|BBCChildren|In Need||||||1,000|10,000|
|Trusts - various||||||||18,550|
|Peter Harrison|Foundation||||||8,000|8,000|
|West Sussex County|||Council||||2,300|1,600|
|CAF Resilience|Fund|||||||17,685|
|Henry
Smith Charitable||||Trust|||5,000|10,000|
|Sussex Community||Foundation||||||4,511|
|Southover
Manor Educational|||||Trust|||8,124|
|Co-Op Community||Fund|||||1,884||
||||||||18,234|80,474|
|~Ups iceel|||||||||
|Individuals|||||||1,805|544|
|Trusts - other|||||||500|2,750|
|Other organisations|||||||4,650|12,976|
|Government
grants||-|CJRS/Covid SSP||||1,707|14,065|
|Gift aid|||||||165||
||||||||8,827|30,335|
||||||||27.061|110,809|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Restricted|Total|
||||General|funds|funds|
||||1,009,539|11,520|1,021,059|
|Total|for|2022|1,009,539|11,520|1,021,059|
|Total|for|2021|735,216|9,522|744,738|
##
|||Unrestrtcted|||
|---|---|---|---|---|
|||funds|Total||
|||General|funds||
|Fundraising
income;|||||
|Other fundraising|income|924||924|
|Total for 2022||||924|
|Total I'or 2021||522||522|
##
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|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||funds|Total|Total|
|||||General|2022|2021|
||||Note||||
|Marketing|and publicity|||1,915|1,915|2,513|
|Other direct costs ofgenerating||voluntary|||||
|income||||||10,920|
|||||1,915|1,915|13,433|
##
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##
||||Activity|||
|---|---|---|---|---|---|
||||undertaken|Activity||
||||directly
f.|support costs|2022f|
|Staff and|support costs||591,729|160,181|751,910|
|Premises|||64,198|17,199|81,397|
|Nursery|expenses||69,024|220|69,244|
|Depreciation|||14,365|1,556|15,921|
|Governance||costs||5,826|5,826|
||||739,316|184,982|924,298|
||||Activity|||
||||undertaken|Activity||
||||directly|support costs|2021|
|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|
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||||||||Unrestricted||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|Total|Total||
||||||||General|2022|2021||
||||||||||g||
|Audit fees|||||||||||
|Audit ofthe||financial||statements|||5,790|5,790|||
|Independent|examiner|||fees|||||||
|Examination||ofthe|financial|||statements|||1,794||
|Depreciation,||amortisation|||and|other similar costs||||235|
||||||||5,790|7,790|2|029|
|9
Auditors'||remuneration|||||||||
||||||||||2022||
||||||||||8||
|Audit ofthe financial|||statements||||||5,790||
|10 Staffcosts|||||||||||
|The aggregate||payroll|costs||were as follows:||||||
|||||||||2022|2021||
|Staffcosts during the||||year were:|||||||
|Wages and salaries||||||||665,341|509,948||
|Social security||costs||||||35,830|26,781||
|Pension costs||||||||10,188|7,999||
|||||||||711,359|544,728||
|charity during th|e year expressed
as full time equivalents|was as follows:||||
|---|---|---|---|---|---|
|||2022||2021||
|||No||iilo||
|Direct charitable|expenditure||30||22|
|Support costs|||3||4|
||||33||26|
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||||Land|and|Furniture
and||
|---|---|---|---|---|---|---|
||||buildings||equipment|Total|
||||g||g||
|Cost|||||||
|At I January 2022|||718,540||224,353|942,893|
|Additions|||||16,232|16,232|
|Disposals|||||987|,11,987)|
|At 31December|2022||718,540||238,598|957,138|
|Depreciation|||||||
|At I January 2022|||446,835||195,546|642,381|
|Charge for the year
Eliminated
on disposals||||6,192|9,729
15,921
~946 ~946)||
|At 31 December|2022||453,027||204,329|657,356|
|Net book value|||||||
|At 31 December|2022||265,513||34269|299,782|
|At 31December|2021||271,705||28,807|300,512|
|Included
within
the
land and buildings||net book value of land and buildings
above is E7,500 (2021-f9,000) in respect offreehold
and f258,013(2021 - f262,705) in respect ofleaseholds.|||||
|12 Debtors|||||||
||||||2022|2021|
|Trade debtors|||||3,295||
|Prepayments|||||3,352|3,388|
|Other debtors|||||165|I 003|
||||||6,812|4/91|
|13 Cash and cash||equivalents|||||
||||||2022|2021|
|Cash on hand|||||254|68|
|Cash at bank|||||36,219|67,160|
|Short-term
deposits|||||486,834|310,981|
||||||523,307|378,209|
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|14 Creditors: amounts|falling due within
one year|||
|---|---|---|---|
|||2022|202)|
||||g|
|Trade creditors||4,256|4,244|
|Other taxation and social|security|8,945|6,956|
|Other creditors||88,088|98,836|
|Accruals||36,348|4,007|
|||137,637|114,043|
|15 Creditors: amounts|falling due after one year|||
|||2022|202)|
||||g|
|Bank loans||42,858|47,928|
|Total future minimum|lease pay|ments
under non-cancellable|operating
leases are as follows:||
|---|---|---|---|---|
||||2022|2021|
|Other|||||
|Between one and five|years||3,190|4,466|
|17 Pension and other|schemes||||
|Defined contribution|pension|scheme|||
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|18 Funds||||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1||||31|
||||January|incoming|Resources||December|
||||2022f|resources|expended
f|Transfers
f|2022|
|Unrestricted
funds||||||||
|General||||||||
|General Fund|||223,607|1,024,724|(882,659)|8,439|374,111|
|Designated
Capital Reserve|||271,705|||~6.39-"263.313||
|Total unrestricted|funds||495,312|1,024,724|(882,659)|2,247|639,624|
|Restricted
funds||||||||
|SENDCO salary|grants||10,000|8,DDD|(18,000)|||
|Early Years Pupil|Premium||2,513|5,919|(1,809)||6,623|
|Disability
AccessFund|||6,082|5,600|(10,748)||934|
|Other assets funded||by||||||
|grants|||4,108||(1,861)|(2,247)||
|Salaries||||2,000|(2,000)|||
|Assistant
SENDCO||project||5.000|(5,000)|||
|Health
and physical||||||||
|development
project|||97||(97)|||
|Snowdrop
project|||2,179||(2,179)|||
|CalCo training|||850||(299)||551|
|WSCC inclusion|and|||||||
|improvement
course||||300|(300)|||
|Money management||skills||1,000|||I,DOO|
|Vegetable garden|project|||1,935|(1,261)||674|
|Total restricted
funds|||25,829|29,754|(43,554)|(2,247)|9,782|
|Total funds|||521,141|1,054,478|(926,213)||649,496|
##
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|Notes t|o t|he Fina|ncial Statement|s
for the Y|ear Ended 31|December 2|022|
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1||||31|
||||January|incoming|Resources||December|
||||2021|resources|expended|Transfers|2021|
||||||||g|
|Unrestricted
funds||||||||
|General||||||||
|General Fund|||58,684|767,208|(614,989)|12,704|223,607|
|Designated
Capital Reserve|||277,897|||~16.192|271,799|
|Total unrestricted|funds||336,581|767,208|(614,989)|6,512|495,312|
|Restricted||||||||
|SENDCO salary grants|||10,000|28,000|(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|(15,511)|||
|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|(89,322)|(6,512)|25,829|
|Total funds|||368,248|857,204|(704,311)||521,141|
##
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||||||||Total funds at|
|---|---|---|---|---|---|---|---|
||||Unrestricted|funds|Restricted||31December|
||||General|Designated|funds||2022|
|Tangible|fixed|assets|34,269|265,513|||299,782|
|Current|assets||520,337||9,782||530,119|
|Current|liabilities||(137,637)||||(137,637)|
|Creditors over||1 year|(42,858)||||(42,858)|
|Total net assets|||374,111|265,513|9,782||649,406|
||||||||Total funds at|
||||Unrestncted|funds|Restricted||31December|
||||General|Designated|funds||2021|
||||g|||||
|Tangible|fixed|assets|24,700|271,705|4,|107|300,512|
|Current|assets||360,878||21,722||382,600|
|Current|liabilities||(114,043)||||(114,043)|
|Creditors over||1 year|(47,928)||||(47,928)|
|Total net assets|||223,607|271,705|25,829||521,141|
|20 Analysis ofnet funds||||||||
||||||||At 31|
|||||At 1January|Financing|cash|December|
|||||2022|floivs||2022|
|||||g|||g|
|Cash at bank and in hand||||378,209|145,098||523,307|
|Net debt||||378,209|145,098||523,307|
||||||||At 31|
|||||At 1January|Financing|cash|December|
|||||2021|flows||2021|
||||||g|||
|Cash at bank and in hand||||174,517|203,692||378,209|
|Net debt||||174,517|203,692||378,209|
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