2023-03-31-accounts - Bright Futures Early Learning

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		31323	313.22
		Unrestricted	Total
FIXEDASSETS	Notes	fund 8	funds 6
Tangible assets	12	648fi25	624,034
CURRENT ASSETS
Debtors Cash nt bank	13	30499	23,353
		137,655	82,l90
		168,054	105,543
CREDITORS
Amounts falllug due within one year	14	(84r902)	(150/21)
NET CURRENT ASSETS
		83,152	(44,678)
TOTAL ASSETSLESSCURRENT
LIABKITKS
		731)677	579,356
CREDITORS
Amounts falling due atter mom thun one year	15	(433tt53)	(403,494)
NETASSETS
		297,724	175,862
PUNDS	18
Unrestricted funds
		297,724	175,862
		297,724	175,862

				313.23	31.3.22
			Notes	f
Cash flows from operating		activities
Cash generated &om operations				158'99	131,838
Interest paid				(17,759)	(8,359)
Net cash provided by operating activities				141,240	123,479
Cash flows from Investing		activities
Purchase oftangible fised	assets			(61,666)	(569,553)
Interest received				26	12
Net cash used in investing	activities			(61,640)	(569,541)
Cash flows from flnancing		activities
New loans in year					366,000
Loan repayments in year				(24,135)	(10,076)
Net cash (used in)/provided		by financing	activities	(24,135)	355,924
Change in cash and cash	equivalents		in the
reporting period				55,465	(90,138)
Cash and cash equivalents		at the beginning
ofthe reporting period				82,190	172,328
Cash and cash equivalents		at the end	ofthe
reporting period				137&655	82,190

RECONCILIATION	RECONCILIATION	RECONCILIATION	OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
						313.23	31.3.22
Net income	for the	reporting		period (as per the Statement ofFinancial
Activities)						121,862		38,775
Adjustments	for:
Depreciation	charges					37,175		25,567
Interest received						(26)		(12)
Interest paid						17)759		8,359
Increase in debtors						(7,046)		(18,341)
(Decrease)/increase		in	creditors			(10,725)		77,490
Net cash provided		by	operations			158,999	131,838
ANALYSIS	OF CHANGES IN NET DEBT
				At	1.4.22	Cash flow	At	313.23
					5	5		8
Net cash
Cash at bank	and in	hand			82,190	55,465	137)655
					82,190	55,465	137,655
Debt
Debts falling	due within I year				(35,086)	(2)056)		(37,142)
Debts falling	due afier		I year	(370,838)		26,191	(344,647)
				(405)124)		24,135	(381,789)
Total				(323,734)		79,600	(244,134)

3.	DONATI	O	NS AND LEGACIES
				313.23	31.3.22
				f
	Donafions				50,000
	Grants			850	494
					50,494
	Grants rercived, included in the above, are as follows:
				31.3.23	31.3.22
					f,
	Charities	Aid Foundation		850	494
4.	OTHER	TRADING ACTIVITIES
				313.23	31.3.22
				f
	Fundraising		events	1,520	119

5.	INVESTMENT INCOME	INVESTMENT INCOME	INVESTMENT INCOME
							31.3.23	31.3.22
							f
	Deposit account interest						26	12
6.	INCOME FROM CHARITABLE ACTIVITIES
							313.23	31.3.22
				Activity			K
	Fees paid			Operation	ofa children's	nursery	994 t/38	614,156
	Voucher fees			Operation	ofachildren's	nursery	518„rt12	320,188
							1)513)850	934,344
7.	CHARITABLE ACTIVITIES			COSTS
								Direct
								Costs
	Operation of	achildren's	nursery					1497384
8.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stattxt ager charging/(crediting)'.
							313.23	31.3.22
							8
	Depreciation	- owned assets					37,175	25,567
	Hire ofplant	snd machinery					19,186	5,515
	Independent	Examiner's	fees: Examination		fee			300
	Independent	Examiner's	fess: Accountancy		services			1,500
	Independent	Examiner's	fms: Payroll services					2,035
	Auditors Remuneration.		Audit servitxn				4500
	Auditors Remuneration:		Non-audit servioss				3,452

COMPAR	ATIVES FO	RTHE STATEMENT OF FINANCIAL ACTI	YITIES
			Unmstricted
			fimd
			f.
INCOME	AND ENDOWMENTS FROM
Donations	and legacies		50,494
Charitable	activities
Optsution	ofa children's	nursery	934,344
Other trading activities			119
Investment	income		12
Other income			13,708
Total			998,677


11.	COMPARATIVES	FOR THK STATEMENT OF FINANCIAL ACTIVITIES - continued
					Unrestricted
					fund
	Charitable activities
	Operation ofa children's		nursery		959,902
	NET INCOME				38,775
	RECONCILIATION		OF FUNDS
	Total funds brought	forward			137,087
	TOTAL FUNDSC~FORWARD				175,862
12.	TANGIBLE FIXKDASSETS
			Improvements	Fixtures
			to	and
			property	fittings	Totals
					5
	COST
	At 1stApril 2022		587429	106,713	694~2
	Additions		46/83	15483	61,666
	At 31stMarch 2023		633,812	122,096	755,908
	DEPRECIATION
	At 1stApril 2022		27,739	42,469	70408
	Charge for year		19,052	18)123	37,175
	At 31stMarch 2023		46,791	60,592	107883
	NET BOOK VALUE
	At 31stMarch 2023		587,021	61/04	648,525
	At 31stMarch 2022		559,790		624,034

13.	DEBTORS:AMOU	NTS	FALLING DUE WITHIN ONK YEAR
				313.23	31.3.22
				8
	Other debtors			26,439	22,500
	Prepayments			3rr60	853
				30/99	23453
14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				31.3.23	31.3.22
	Bank loans and overdrails		(see note 16)	5,000	5,294
	Other loans (see note 16)			32,142	29,792
	Trade creditors			2,621	58,342
	Social security and other taxes			4v255	2232
	Accruals and deferred income			40,034	53,711
	Deferred government	grants		850	850
				84 tt02	150,221

16.	LOANS	LOANS	LOANS
	An analysis ofthe maturity ofloans is given below:
				313.23	31.3.22
				g
	Amounts falling due within one year on		demand:
	Bank loans			5,000	5,294
	Other loans			32)142	29,792
				37,142	35,086
	Amounts falling between one and two years:
	Bank loans			5)000	5494
	Other loans			32&753	31,316
				37)753	36,610
	Amounts falling due between two and five years:
	Bank loans			15,000	15,882
	Other loans			99465	101,557
				114/65	117,439
	Amounts falling due in more than five years;
	Repayable by	instalments'.
	Bank loans			13/33	16,765
	Other loans			178,996	200,024
				192829	216,789
17.	SECURED DEBTS
	The following	securtsl debts are included	within creditors:
				313.23	31.3.22
	Other loans			343,456	362,689