2022-03-31-accounts - Bright Futures Early Learning

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			31.3.22	31.3.21
			Unrestricted	Total
			fund	funds
		Notes
FIXED	ASSETS
Tangible	assets	12	624,034	80,048
CURRENT ASSETS
Debtors		13	23,353	5,012
Cash at	bank and in hand		82,190	172,328
			105,543	177,340
CREDITORS
Amounts	falling due within one year	14	(150,221)	(78,634)
NET CURRKVi TASSETS			(44,678)	98,706
TOTAL	ASSETSLESSCURRENT
LIABILITIES			579,356	178,754
CREDITORS
Amounts	falling due after more than one year	15	(403,494)	(41,667)
NKT ASSETS			175,862	137,087
FUNDS		17
Unrestricted funds			175,862	137,087
TOTAL	FUNDS		175,862	137,087

						31.3.22	31.3.21
					Notes
Cash flows from operating		activities
Cash generated from operations						131,838	73,411
Interest paid						(8,359)
Net cash provided by operating			activities			123,479	73,411
Cash flows from investing		activities
Purchase oftangible fixed	assets					(569,553)	(58,346)
Interest received						12	31
Net cash used in investing	activities					(569,541)	~58,315)
Cash flows from financing		activities
New loans in year						366,000	50,000
Loan repayments in year						(10,076)
Net cash provided by financing			activities			355,924	50,000
Change in cash and cash equivalents				in
the reporting period						(90,138)	65,096
Cash and cash equivalents		at	the
beginning ofthe reporting		period				172,328	107,232
Cash and cash equivalents		at	the end	of
the reporting period						82,190	172,328

RECONCILIATION	RECONCILIATION	RECONCILIATION	OF NET INCOME TO NKT CASH FLOW FROM	OF NET INCOME TO NKT CASH FLOW FROM	OF NET INCOME TO NKT CASH FLOW FROM	OPERATING
ACTIVITIES
						31.3.22	31.3.21
Net income	for the	reporting			period (as per the Statement ofFinancial
Activities)						38,775	8,925
Adjustments	for:
Depreciation	charges					25,567	11,826
Interest received						(12)	(31)
interest paid						8,359
Deferred grant income						33,506
Increase in debtors						(18,341)	(2,415)
Increase in creditors						43,984	55,106
Net cash provided		by	operations			131,838	73,411
AIVALYSIS	OF CHANGES				UV NKT FUNDS/(DEBT)
					At 1.4.21	Cash flow	At 31.3.22
Net cash
Cash at bank	and in	hand			172,328	(90,138)	82,190
					172,328	~90,138)	82,190
Debt
Debts falling	due within			1 year	(8,333)	(26,753)	(35,086)
Debts falling	due after		1	year	(41,667)	(329,171)	(370,838)
					(50,000)	(355,924)	(405,924)
Total					122,328	(446,062)	(323,734)

	INCOME	FROM CH	ARITA	BLE ACT	IVITIES
							31.3.22	31.3.21
				Activity
	Fees paid			Operation	ofa children's	nursery	614,156	267,500
	Voucher fees			Operation	ofa children's	nursery	320,188	204,189
							934,344	471,689
7.	CHARITABLE ACTIVITIES			COSTS
								Direct
								Costs
	Operation ofa children's		nursery					959,902
8.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated after charging/(crediting):
							31.3.22	31.3.21
	Depreciation	—owned assets					25,567	11,826
	Hire ofplant	and machinery					5,515	59
	Independent	Examiner's	fees: Examination		fee		300	320
	Independent	Examiner's	fees: Accountancy		services		1,500	1,204
	Independent	Examiner's	fees: Payroll services				2,035	1,626

TANGIBLE FIXED	A	SSETS
			Assets	Improvements	Fixtures
			under	to	and
			construction	property	fittings	Totals
COST
At 1st April 2021			50,016	26,347	48,326	124,689
Additions				511,166	58,387	569,553
Reclassification			(50,016)	50,016
At 31stMarch 2022				587,529	106,713	694,242
DEPRECIATION
At 1stApril 2021				15,995	28,646	44,641
Charge for year				11,744	13,823	25,567
At 31stMarch 2022				27,739	42,469	70,208
NET BOOK VALUE
At 31stMarch 2022				559,790	64,244	624,034
At 31stMarch 2021			50,016	10,352	19,680	80,048
DEBTORS:AMOUNTS		FALLING DUE	WITHIN ONK YEAR
					31.3.22	31.3.21
Trade debtors						5,012
Other debtors					22,500
Prepayments					853
					23,353	5,012
CREDITORS: AMOUNTS FALLING DUK WITHIN ONK				YEAR
					31.3.22	31.3.21
Bank loans and overdrafts		(see note 16)			5,294	8,333
Other loans (see note	16)				29,792
Trade creditors					58,342
Social security and other		taxes			2&232	5,836
Acctuals and deferred	income				53,711	64,465
Deferred government	grants				850
					150,221	78,634

			31.3.22	31.3.21
Bank loans	(see note 16)		37,941	41,667
Other loans	(see note	16)	332,897
Deferred government		grants	32,656
			403,494	41,667
LOANS
An analysis	ofthe maturity ofloans is given below:
			31.3.22	31.3.21
Amounts falling due within one year on demand:
Bank loans			5,294	8,333
Other loans			29,792
			35,086	8,333
Amounts falling between one and two years:
Bank loans			5,294	10,000
Otherloans	- 1-2years		31,316
			36,610	10,000
Amounts falling due between two and five years:
Bank loans			15,882	30,000
Other loans	- 2-5 years		101,557
			117,439	30,000
Amounts falling due in		more than five years:
Repayable by instalments:
Bank loans			16,765	1,667
Other loans	more Syrs	instal	200,024
			216,789	1,667

Comparative	net movement	in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General fund		555,317	(546,392)	8,925
TOTAL FUNDS		555,317	(546,392)	8,925