## **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** **----- Start of picture text -----**
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
**----- End of picture text -----**
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