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2022-08-31-accounts
| Contents o f the Financial Statements |
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|
|
| for the Year Ended 31 August 2022 |
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|
Page |
|
| Report of the Trustees |
1 |
to |
4 |
| Independent Examiner's Report |
|
5 |
|
| Statement o f Financial Activities |
|
6 |
|
| Balance Sheet |
|
7 |
|
| Notes to the Financial Statements |
8 |
to |
12 |
| Detailed Statement o f Financial Activities |
13 |
to |
14 |
|
|
|
|
31.8.22 |
31.8.21 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
fund |
funds |
funds |
|
Notes |
|
|
|
|
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
| Charitable activities |
|
|
|
|
|
| Provision o f educational services |
|
104,300 |
667 |
104,967 |
82,901 |
| Other trading activities |
2 |
3,308 |
|
3,308 |
8,082 |
| Investment income |
3 |
2 |
|
2 |
12 |
| Total |
|
107,610 |
667 |
108,277 |
90,995 |
| EXPENDITURE ON |
|
|
|
|
|
| Raising funds |
|
52 |
|
52 |
|
| Charitable activities |
|
|
|
|
|
| Provision o f educational services |
|
101,626 |
667 |
102,293 |
93,417 |
| Total |
|
101,678 |
667 |
102,345 |
93,417 |
| NET INCOME/(EXPENDITURE) |
|
5,932 |
|
5,932 |
(2,422) |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Total funds brought forward |
|
26,462 |
|
26,462 |
28,884 |
| TOTAL FUNDS CARRIED FORWARD |
|
32,394 |
|
32,394 |
26,462 |
|
|
|
|
31.8.22 |
31.8.21 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| CURRENT ASSETS |
|
|
|
|
|
| Cash at bank and in hand |
|
40,075 |
|
40,075 |
34,056 |
| CREDITORS |
|
|
|
|
|
| Amounts falling due within one year |
8 |
(7,681) |
|
(7,681) |
(7,594) |
| NET CURRENT ASSETS |
|
32,394 |
|
32,394 |
26,462 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
|
|
| LIABILITIES |
|
32,394 |
|
32,394 |
26,462 |
| NET ASSETS |
|
32,394 |
|
32,394 |
26,462 |
| FUNDS |
9 |
|
|
|
|
| Unrestricted funds |
|
|
|
32,394 |
26,462 |
| TOTAL FUNDS |
|
|
|
32,394 |
26,462 |
| 2. |
OTHER TRADING ACTIVITIES |
|
|
|
|
31.8.22 |
31.8.21 |
|
Fundraising events |
2,865 |
1,428 |
|
Corona Job Retention Scheme Grant |
443 |
1,654 |
|
COVID business support grant |
|
5,000 |
|
|
3,308 |
8,082 |
| 3. |
INVESTMENT INCOME |
|
|
|
|
31.8.22 |
31.8.21 |
|
Deposit account interest |
2 |
12 |
| 4. |
NET INCOME/(EXPENDITURE) |
|
|
|
Net income/(expenditure) is stated after charging/(crediting): |
|
|
|
|
31.8.22 |
31.8.21 |
|
Other operating leases |
15,206 |
14,748 |
|
Independent examiners fee |
1,110 |
930 |
| STAFF COSTS |
|
|
|
31.8.22 |
31.8.21 |
| Wages and salaries |
75,794 |
67,547 |
| Other pension costs |
1,167 |
977 |
|
76,961 |
68,524 |
| The average monthly number o f employees during the year was as follows: |
|
|
|
31.8.22 |
31.8.21 |
| Staff |
7 |
8 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|
|
|
Unrestricted |
|
Restricted |
Total |
|
|
fund |
fund |
funds |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
| Charitable activities |
|
|
|
|
| Provision o f educational services |
|
82,511 |
390 |
82,901 |
| Other trading activities |
|
8,082 |
|
8,082 |
| Investment income |
|
12 |
|
12 |
| Total |
|
90,605 |
390 |
90,995 |
| EXPENDITURE ON |
|
|
|
|
| Charitable activities |
|
|
|
|
| Provision o f educational services |
|
93,027 |
390 |
93,417 |
| NET INCOME/(EXPENDITURE) |
|
(2,422) |
|
(2,422) |
| RECONCILIATION OF FUNDS |
|
|
|
|
| Total funds brought forward |
|
28,884 |
|
28,884 |
| TOTAL FUNDS CARRIED FORWARD |
|
26,462 |
|
26,462 |
| **CREDITORS: AMOUNTS FALLING DUE WITHIN ** |
ONE YEAR |
|
|
|
|
|
|
31.8.22 |
31.8.21 |
| Social security and other taxes |
|
|
642 |
645 |
| Other creditors |
|
|
6,019 |
6,019 |
| Accruals and deferred income |
|
|
1,020 |
930 |
|
|
|
7,681 |
7,594 |
| MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
Net |
|
|
|
|
movement |
At |
|
At |
1.9.21 |
in funds |
31.8.22 |
| Unrestricted funds |
|
|
|
|
| General fund |
26,462 |
|
5,932 |
32,394 |
| TOTAL FUNDS |
26,462 |
|
5,932 |
32,394 |
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
107,610 |
(101,678) |
5,932 |
| Restricted funds |
|
|
|
| Restricted Fund |
667 |
(667) |
|
| TOTAL FUNDS |
108,277 |
(102,345) |
5,932 |
| Comparatives for movement in funds |
|
|
|
|
|
Net |
|
|
|
movement |
At |
|
At 1.9.20 |
in funds |
31.8.21 |
| Unrestricted funds |
|
|
|
| General fund |
28,884 |
(2,422) |
26,462 |
| TOTAL FUNDS |
28,884 |
(2,422) |
26,462 |
| Comparative net movement in funds, included in the above are as follows: |
|
|
|
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
90,605 |
(93,027) |
(2,422) |
| Restricted funds |
|
|
|
| Restricted Fund |
390 |
(390) |
|
| TOTAL FUNDS |
90,995 |
(93,417) |
(2,422) |
| A current year 12 months and prior year 12 |
months combined position is as follows: |
|
|
|
|
Net |
|
|
|
movement |
At |
|
At 1.9.20 |
in funds |
31.8.22 |
| Unrestricted funds |
|
|
|
| General fund |
28,884 |
3,510 |
32,394 |
| TOTAL FUNDS |
28,884 |
3,510 |
32,394 |
|
|
Incoming |
Resources |
Movement |
|
|
resources |
expended |
in funds |
|
|
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
General fund |
198,215 |
(194,705) |
3,510 |
|
Restricted funds |
|
|
|
|
Restricted Fund |
1,057 |
(1,057) |
|
|
TOTAL FUNDS |
199,272 |
(195,762) |
3,510 |
| 10. |
RELATED PARTY DISCLOSURES |
|
|
|
| for the Year Ended 31 |
August 2022 |
|
|
31.8.22 |
31.8.21 |
| INCOME AND ENDOWMENTS |
|
|
| Other trading activities |
|
|
| Fundraising events |
2,865 |
1,428 |
| Corona Job Retention Scheme Grant |
443 |
1,654 |
| COVID business support grant |
|
5,000 |
|
3,308 |
8,082 |
| Investment income |
|
|
| Deposit account interest |
2 |
12 |
| Charitable activities |
|
|
| Grants |
81,683 |
57,052 |
| Pre−School Fees & Childcare |
11,078 |
16,779 |
| Term Fees |
2,943 |
1,993 |
| Parent & Toddler |
7,566 |
5,576 |
| Christmas Parties |
235 |
|
| Photo Commissions |
338 |
188 |
| Uniforms |
1,124 |
1,313 |
|
104,967 |
82,901 |
| Total incoming resources |
108,277 |
90,995 |
| EXPENDITURE |
|
|
| Raising donations and legacies |
|
|
| Sundries |
52 |
|
| Charitable activities |
|
|
| Wages |
75,794 |
67,547 |
| Pensions |
1,167 |
977 |
| Rent |
15,206 |
14,748 |
| Insurance |
1,343 |
1,358 |
| Telephone |
609 |
530 |
| Sundries |
688 |
919 |
| Uniforms |
1,164 |
1,543 |
| Kitchen & Groceries |
2,059 |
1,258 |
| Craft materials |
980 |
1,224 |
| Milk |
667 |
390 |
|
99,677 |
90,494 |
| Support costs |
|
|
| Management |
|
|
| Postage and stationery |
447 |
550 |
| Training |
58 |
446 |
|
505 |
996 |
|
Detailed Statement o f Financial Activities |
|
|
|
for the Year Ended 31 August 2022 |
|
|
|
|
31.8.22 |
31.8.21 |
|
|
£ |
£ |
| Management |
|
|
|
| Finance |
|
|
|
| Bank charges |
|
351 |
317 |
| Governance costs |
|
|
|
| Accountancy fees |
|
1,110 |
960 |
| Payroll Services |
|
650 |
650 |
|
|
1,760 |
1,610 |
| Total resources expended |
|
102,345 |
93,417 |
| Net income/(expenditure) |
|
5,932 |
(2,422) |