2021-08-31-accounts - Coalbrookdale & Ironbridge Nursery

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Objectiv	e	s and	Activ	iti	es
					SORP
					reference
Summary	ofthe purposes			of		The	development			and education ofchildren
the charity		as set out	in its			by:
governing	document						1.	promoting		their care and safety
							2.	promoting		their education & promoting
								parental		involvement
							3.	promoting		their health &wellbeing
							4.	providing		services to support them &
								their families &carers
							5.	providing		services to individuals
								holding	membership ofthe CIO
							6.	furthering		the aims ofthe Pre-school
								Alliance
Summary activities	ofthe main in relation to those				Para 1.17and 1.19	The age	nursery provides childcare for pre-school children (from aged 2) every day during
purposes	for the public					term time.
benefit, in particular,			the
activities,	projects or
services identified in			the
accounts.
Statement		confirming			Para 1.18	The	trustees consider that they have complied
whether the trustees			have			with	their duties			to have regard to the public
had regard		to the guidance				benefit		guidance		issued by the charity
issued by	the Charity					commission.
Commission		on public
benefit

Achievements and	Per	formance
		SORp
		reference
Summary ofthe main			The nursery has continued			to provide		a vital
achievements ofthe charity,			service to the	community		over the course of
identifying the difference	the		the pandemic.	Despite	the extra		obstacles
charity's work has made the circumstances of its	to	Para 1.20	posed by Coronavirus, absences and additional		including health		staff and safety
beneficiaries and any wider			requirements,	the nursery		has been able to
benefits to society as a			provide a familiar and fun			environment		for
whole.			children.
Additional information	(optional)
You ma choose to include further statements			where relevant	about:
Achievements against objectives set		Para 1.41
Performance offundraising activities against objectives		Para 1.41
set
Investment performance against objectives		Para 1.41
Other

Financial Review	Financial Review
Review ofthe charity's			Para 1.21	The nursery	has been able to	stay	open
financial position at	the end			throughout	the financial year	despite the
ofthe period				ongoing pandemic. Although		parental fees
				are not yet	back to pre-pandemic		levels,
				government	funding has increased		which has
				helped the	nursery stay in surplus.		Ar7,736
				surplus was made.
Statement explaining	the		Para 1.22	The nursery	holds surplus reserves ofr55,348
policy for holding reserves				in a savings account to allow		for future
stating why they are	held			exceptional	events and potential closure costs.
Amount ofreserves	held		Para 1.22	Reserves,	including savings,	total	292,561.
Reasons for holding	zero		Para 1.22
reserves
Details offund materially		in	Para 1.24
deficit
Explanation ofany			Para 1.23
uncertainties about	the
charity continuing as a going
concern

You ma choose to include further statements	You ma choose to include further statements	where	relevant about	relevant about	relevant about
The charity's principal		Funding	is mainly	from	local	government		&
sources offunds (including		parental	contributions		for childcare. A small
any fundraising)	Para 1.47	furlough	grant was claimed			in the year.		There
		was minimal fundraising due					to the pandemic.
Investment policy and
objectives including any
social investment policy	Para 1.46
adopted
A description ofthe principal		It is expected that		the	nursery		will make	a full
risks facing the charity		recovery	after the	pandemic.
	Para 1.46
Other

tructure, Governance	and Ma	nagement
Description of charity's
trusts:
Type of governing document	Para 1.25	Constitution
How is the charity	Para 1.25	Charitable	Incorporated	Organsiation
constituted?
Trustee selection methods	Para 1.25	Elected by	the members	at AGM
including details ofany
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees

Additional	information	information	(optional)
You ma	choose to include further statements			where relevant about:
Policies	and	procedures
adopted	for the induction
and training		oftrustees	Para 1.51
The charity's		organisational
structure	and any wider
network	with	which the
charity works			Para 1.51
Relationship		with any related
parties
			Para 1.51
Other

	Trustee name	Office (ifany)	Name to a
	Michelle Evans	Chair	Committee/Trustee
	Emma Bailey	Secretary	Committee/Trustee
	Paula Lovewell		Committee/Trustee
	Jennifer Edwards		Committee/Trustee
	Lynda Smallman		Committee/Trustee
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Names and a	ddresses ofad	visers (Option
Type of	Name	Address
adviser

			2021		2020
			E
Receipts
Bank Interest		5		27
Donations		79		210
Fees		19,451		8,436
NEG Funding		71,183		62,182
Fundraising		64		3,713
Grants		991		11,804
Nusery Milk Scheme		78		88
			91,851		86,460
Payments
Wages, employer	Nl &pensions	72,245		63,711
Rent &Insurance		1,575		2,172
Utilities		1,423		1,710
Consumables		2,481		1,579
Activities		736		1,515
Subscriptions		919		746
Accountancy		2,869		2,443
Equipment expensed		791		718
Repairs &maintenance		293		458
Printing, postage	&stationery	446		934
Fundraising expenditure		114		330
Training		240		238
Travel		7		83
Advertising				60
Bank charges		92		95
Sundry		284		255
			84,515		77,047
Surplus/(Deficit)	for year		7,336		9,413
Bank and Cash Accounts at 1September			85,225		75,812
Bank and Cash Accounts at 31August			92,561		85,225
Petty Cash			9		9
Current Account			37,204		29,874
Savings Account			55,348		55,342
			92,561		85,225