Jigsaw Preschool Statement of Financial Activities for the year ended 31 August 2021
| Unrestricted Funds Notes 2021 £ Incoming resources Incoming resources from generated funds Activities from generating funds: Voluntary income - Fundraising events 898 Investment income - Incoming resources from charitable activities Grants 129,073 Fee income 20,869 Other incoming resources 755 Total incoming resources 151,595 Resurces expended Costs of generating funds 3 - Preschool activities 3 177,231 Total resources expended 177,231 Net incoming resources for the period ( 25,636) Balances at 31 August 2020 55,247 Balances at 31 August 2021 29,611 |
Unrestricted Funds 2020 £ 654 2,083 92 124,011 15,054 106 |
|---|---|
| 142,000 | |
| 466 139,377 |
|
| 139,843 | |
| 2,157 53,090 |
|
| 55,247 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
Jigsaw Preschool Balance Sheet as at 31 August 2021
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Notes
2021 2020
£ £ £ £
Current assets
Cash at bank and in hand 30,161 80,476
30,161 80,476
Creditors: amounts
falling due within one
year 6 (550) (25,229)
29,611 55,247
Net assets 29,611 55,247
Funds
Unrestricted: 29,611 55,247
7 29,611 55,247
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The financial statements were approved by the Trustees on and signed on their behalf by: Eleanor Clapp Chair
Jigsaw Preschool Notes to the Accounts for the year ended 31 August 2021
1 Accounting policies
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements for the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources and resources expended
Income and expenditure items have been credited or charged in the Statement of Financial Activities on an accruals basis.
Restricted funds
Resources are recorded on a receivable basis and allocated to a Restricted Fund if a limitations on their use is specified by the donors and providers. Funds received in the direct operation of the Charity are treated as unrestricted funds.
Direct charitable expenditure
Overheads are allocated to direct charitable expenditure on the basis of the time spent.
Taxation
The charity is exempt form tax on its charitable activities.
No Trustees received any remuneration or other benefits during the period.
During the period no Trustees received expenses
2 Trustees' Remuneration and Expenses
Jigsaw Preschool Notes to the Accounts for the year ended 31 August 2021
3 Total Resources Expended
| 3 Total Resources Expended |
|||
|---|---|---|---|
| £ Costs directly allocated to activities Uniform - Wages - Staff Training - Materials & toys - Food & drink - Insurance - Rent of premises - Fundraising events - Support costs allocated to activities Governance costs - Travel - Office costs - - £ Costs directly allocated to activities Uniform - Wages - Staff Training - Materials & toys - Food & drink - Insurance - Rent of premises - Fundraising events 466 Support costs allocated to activities Governance costs - Travel - Office costs - 466 Costs of generating income Costs of generating income |
£ Costs of generating income |
£ Preschool activity |
£ 2021 TOTAL |
| 1,132 152,020 459 3,208 2,404 630 9,600 - 275 - 7,503 177,231 £ Preschool activity |
1,132 152,020 459 3,208 2,404 630 9,600 - 275 - 7,503 177,231 £ 1,232 124,404 854 2,062 2,177 910 4,254 466 - 275 179 3,030 139,843 2020 TOTAL |
||
| 1,232 124,404 854 2,062 2,177 910 4,254 - 275 179 3,030 139,377 |
Jigsaw Preschool Notes to the Accounts for the year ended 31 August 2021
| 4 Staff Costs and numbers Wages & salaries number of employees Preschool manager Deputy preschool manager Early years assistants |
2021 £ 152,020 2 1 13 16 |
2020 £ 124,404 2 1 10 |
|---|---|---|
| 13 |
5 Taxation
The company is a registered charity and is therefore not liable to income tax or corporation tax on funds received and expended on activities covered by its charitable status
6 Creditors: amounts falling due within one year
| Deferred income Accruals 7 Funds Unrestricted Funds General Reserve Total Funds |
£ 55,247 55,247 Balance at 1 September 2020 |
£ 151,595 151,595 Incoming Resources |
2021 £ - 550 550 £ 177,231 177,231 Resources Expended |
2020 £ 24,954 275 |
|---|---|---|---|---|
| 25,229 | ||||
| £ 29,611 Balance at 31 August 2021 |
||||
| 29,611 |
Independent examinerfs report to the trustees of Jigsaw Preschool I report to the charity trustees on my examination of the accounts of Jigsaw Preschool I'the Ch3ritv"I for the year ended 31 August 2021. Responsibilities and basis of report As the trustee5 of the Charity you are responsible for the preparation of the accounts in accordance with the requirement5 of the Charities Act 20111.the Act'l. You are satisfied that the accounts are not required by charity law to be audited and have chosen instead to have an independent examination. I report in respect of my examination of the accounts. I have carried out my exarnination under seetion 145 of the 2011 Act. In carrying out my examination I have followed the Directions given by the Charity Commission under section 1451Sllbl of the 2011 Act. An independent examination does not Involve È3thering all the evidence that would be required in an audit and consequently does not ¢over all the matters that an auditor consider5 in giving their opinion on the account5. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, l express no opinion as to whether the accounts present a 'true and fair, view and my report Is limited to those Specific matter5 set out in the independent examiner's statement. Independent examinerfs 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.. accounting records, with respect to the Charity, were not kept as required by section 130 of the 2011 Act and. with respect to its subsidiaries, were not kept as required by section 386 of the Companies Act 2006,. or the accounts do not accord with those records,. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charitie5 IAccounts and Reports) Regulations 2008 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 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. I confirm that there are no other matters to which your attention should be drawn to enable a proper understandin8 of the accounts to be reached. Signed= Dated.. 27 September 2021 Hilary Seaw rd, FCA Chartered Accountant 9 Sherlock Road, Cambridge CB3 OHR