REGISTERED CHARITY NUMBER: 1170069
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 August 2020
for
Sunflower After School Club CIO
Argents Chartered Accountants
15 Palace Street
NORWICH
Norfolk
NR3 1RT
Sunflower After School Club CIO
Contents of the Financial Statements
for the year ended 31 August 2020
|
Page |
Page |
Page |
Report of the Trustees |
1 |
to |
2 |
Independent Examiner's Report |
|
3 |
|
Statement of Financial Activities |
|
4 |
|
Balance Sheet |
|
5 |
|
Notes to the Financial Statements |
6 |
to |
10 |
Detailed Statement of Financial Activities |
|
11 |
|
Sunflower After School Club CIO
Report of the Trustees for the year ended 31 August 2020
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31August2020.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with
theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Theobjectsofthecharityaretoprovidequalitycareandeducationofchildrenduringoutofschool hours
and school holidays.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Weremainverybusyatbreakfastandafterschool,accommodatingaround120familiesand further
familiesduringourholidayplayschemesfromthewidercommunity.Thedemandforgood quality
childcare is very apparent for many working families and we have a waiting list for spaces.
COVID-19 AND going concern
Incommonwithothercharitiesandtheeconomyingeneral,thecharity'sactivitieswereaffectedby the
globalCoronaviruspandemicwhichstartedinWuhan,HubeiProvinceinChinaandledtorestrictions on
movement of individuals and the activities of business and charities in the UK from late March 2020.
InaccordancewithgovernmentinstructionstheCharitysuspendeditsactivitieswhenschoolswere closed
in March 2020 and only restarted operating in August 2020.
Atthetimetheseaccountsarebeingsignedoff,restrictionsregardingsocialdistancingandgatherings of
individualsremaininplace,positivecasesofthevirusareontheincreaseandhospitaladmissions are
risingagain.Itisnotknownatthisstagewhetherthecurrentgovernmentmeasureswillresolve things
satisfactorily,norhowlongthatmaytake,norwhetherfurthergovernmentactionwhichmay conceivably
lead to the Charity being told to suspend its activities again will be necessary during the next 12 months.
Againstthisbackdropitismuchharderthannormaltomakeconfidentpredictionsaboutthefuture. The
TrusteesandmanagementoftheCharityhaveconsideredandreviewedtheissuesandasfarasthey are
able, taking all foreseeable factors into account, and by using known data such as:-
areoftheopinionthattheCharitywillcontinueinoperationfor12monthsfromthedateofsigning of
thisTrustees'reportandtheseaccountsandthataccordinglyitisreasonableforthefinancial statements
to have been prepared using the going concern concept.
FINANCIAL REVIEW
Financial position
Please see the financial statements set out below.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
ThecharityiscontrolledbyitsgoverningdocumentandconstitutesaCharitable Incorporated
Organisation.On1stSeptember2017thecharitytookovertheoperationoftheafterschoolclub from
theunincorporatedcharitySunflowerAfterSchoolClubregisterednumber1051237.Onthatdate the
assets and liability were transferred to this charity and are shown as a gift in these accounts.
Recruitment and appointment of new trustees
ThetotalnumberofTrusteesshouldnotbelessthansix.TheTrusteeswillfromtimetotime appoint
people with specific skills to fulfil specific projects.
Decision making
The Trustees meet once each half term.
Page 1
Sunflower After School Club CIO
Report of the Trustees
for the year ended 31 August 2020
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1170069
Principal address
Recreation Road Infant School
Recreation Road
NORWICH
Norfolk
NR2 3PA
Trustees
N Moulton (resigned 3.9.2020)
A M Lefevre (resigned 28.10.2019)
R Morgan
J Locke
H Henderson
E Jackson
R Parke (appointed 28.10.2019)
Independent Examiner
Argents Chartered Accountants
15 Palace Street
NORWICH
Norfolk
NR3 1RT
Approved by order of the board of trustees on 22 February 2021 and signed on its behalf by:
E Jackson - Trustee
Page 2
Independent Examiner's Report to the Trustees of
Sunflower After School Club CIO
Independent examiner's report to the trustees of Sunflower After School Club CIO
IreporttothecharitytrusteesonmyexaminationoftheaccountsofSunflowerAfterSchoolClub CIO
(the Trust) for the year ended 31 August 2020.
Responsibilities and basis of report
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance
with the requirements of the Charities Act 2011 ('the Act').
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheAct and
incarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission
under section 145(5)(b) of the Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention in
connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts 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.
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
Mark Johnstone FCA
ICAEW
Argents Chartered Accountants
15 Palace Street
NORWICH
Norfolk
NR3 1RT
25 February 2021
Page 3
Sunflower After School Club CIO
Statement of Financial Activities for the year ended 31 August 2020
|
|
2020 |
2019 |
|
|
Unrestricted |
|
|
|
funds |
Total funds |
|
Notes |
£ |
£ |
INCOME AND ENDOWMENTS FROM |
|
|
|
Donations and legacies |
|
9,168 |
90 |
Charitable activities |
|
|
|
Out of school activities |
|
68,825 |
102,282 |
Investment income |
2 |
133 |
305 |
Total |
|
78,126 |
102,677 |
EXPENDITURE ON |
|
|
|
Charitable activities |
|
|
|
Out of school activities |
|
84,591 |
89,018 |
NET INCOME/(EXPENDITURE) |
|
(6,465) |
13,659 |
RECONCILIATION OF FUNDS |
|
|
|
Total funds brought forward |
|
74,220 |
60,561 |
TOTAL FUNDS CARRIED FORWARD |
|
67,755 |
74,220 |
The notes form part of these financial statements
Page 4
Sunflower After School Club CIO
Balance Sheet
31 August 2020
|
|
2020 |
2019 |
|
|
Unrestricted |
|
|
|
funds |
Total funds |
|
Notes |
£ |
£ |
FIXED ASSETS |
|
|
|
Tangible assets |
6 |
162 |
215 |
CURRENT ASSETS |
|
|
|
Debtors |
7 |
400 |
1,325 |
Cash at bank |
|
76,185 |
78,045 |
|
|
76,585 |
79,370 |
CREDITORS |
|
|
|
Amounts falling due within one year |
8 |
(8,992) |
(5,365) |
NET CURRENT ASSETS |
|
67,593 |
74,005 |
TOTAL ASSETS LESS CURRENT |
|
|
|
LIABILITIES |
|
67,755 |
74,220 |
NET ASSETS |
|
67,755 |
74,220 |
FUNDS |
9 |
|
|
Unrestricted funds |
|
67,755 |
74,220 |
TOTAL FUNDS |
|
67,755 |
74,220 |
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
22 February 2021 and were signed on its behalf by:
R Parke - Trustee
E Jackson - Trustee
The notes form part of these financial statements
Page 5
Sunflower After School Club CIO
Notes to the Financial Statements for the year ended 31 August 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements
have been prepared under the historical cost convention.
Income
VoluntaryincomeisrecognisedintheStatementofFinancialActivitiesoncethecharity has
entitlementtothefunds,itisprobablethattheincomewillbereceivedandtheamountcan be
measured reliably.
Fee income is recorded in the period in which the service is provided.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Plant and machinery- 20% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
Hire purchase and leasing commitments
RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitieson a
straight line basis over the period of the lease.
continued...
Page 6
Sunflower After School Club CIO
Notes to the Financial Statements - continued
for the year ended 31 August 2020
2. INVESTMENT INCOME
INVESTMENT INCOME |
|
|
|
2020 |
2019 |
|
£ |
£ |
Deposit account interest |
133 |
305 |
3. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31August2020nor for
the year ended 31 August 2019.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31August2020norfortheyear ended
31 August 2019.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
Manager
Childcare |
2020
1
3
4 |
2019
1
3
4 |
|
|
|
No employees received emoluments in excess of £60,000.
5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
|
Unrestricted |
|
funds |
|
£ |
INCOME AND ENDOWMENTS FROM |
|
Donations and legacies |
90 |
Charitable activities |
|
Out of school activities |
102,282 |
Investment income |
305 |
Total |
102,677 |
EXPENDITURE ON |
|
Charitable activities |
|
Out of school activities |
89,018 |
NET INCOME |
13,659 |
RECONCILIATION OF FUNDS |
|
Total funds brought forward |
60,561 |
TOTAL FUNDS CARRIED FORWARD |
74,220 |
continued...
Page 7
Sunflower After School Club CIO
Notes to the Financial Statements - continued
for the year ended 31 August 2020
6. TANGIBLE FIXED ASSETS
6. |
TANGIBLE FIXED ASSETS |
|
|
|
|
|
|
|
Plant and |
|
|
|
|
machinery |
|
|
|
|
£ |
|
COST |
|
|
|
|
At 1 September 2019 and |
|
|
|
|
31 August 2020 |
|
|
264 |
|
DEPRECIATION |
|
|
|
|
At 1 September 2019 |
|
|
49 |
|
Charge for year |
|
|
53 |
|
At 31 August 2020 |
|
|
102 |
|
NET BOOK VALUE |
|
|
|
|
At 31 August 2020 |
|
|
162 |
|
At 31 August 2019 |
|
|
215 |
7. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
|
Trade debtors |
|
98 |
610 |
|
Prepayments |
|
302 |
715 |
|
|
|
400 |
1,325 |
8. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
|
Taxation and social security |
|
3,119 |
- |
|
Other creditors |
|
5,873 |
5,365 |
|
|
|
8,992 |
5,365 |
9. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
Net |
|
|
|
|
movement |
|
|
At 1.9.19 |
|
in funds |
At 31.8.20 |
|
|
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
General fund |
74,220 |
(6,465) |
67,755 |
|
TOTAL FUNDS |
74,220 |
(6,465) |
67,755 |
|
Net movement in funds, included in the above are as follows: |
|
|
|
|
Incoming |
|
Resources |
Movement |
|
resources |
|
expended |
in funds |
|
|
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
General fund |
78,126 |
(84,591) |
(6,465) |
|
TOTAL FUNDS |
78,126 |
(84,591) |
(6,465) |
continued...
Page 8
Sunflower After School Club CIO
Notes to the Financial Statements - continued
for the year ended 31 August 2020
9. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
movement
At 1.9.18
in funds
At
£
£
Unrestricted funds
General fund
43,561
13,659
Contingency fund
17,000
-
60,561
13,659
TOTAL FUNDS
60,561
13,659 |
31.8.19
£
57,220
17,000 |
|
74,220 |
|
74,220 |
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
102,677
(89,018)
13,659
102,677
(89,018)
13,659 |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
102,677
(89,018)
13,659
102,677
(89,018)
13,659 |
|
|
13,659 |
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At 1.9.18
in funds
At
£
£
Unrestricted funds
General fund
43,561
7,194
Contingency fund
17,000
-
60,561
7,194
TOTAL FUNDS
60,561
7,194 |
31.8.20
£
50,755
17,000 |
|
67,755 |
|
67,755 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
180,803 |
(173,609) |
7,194 |
TOTAL FUNDS |
180,803 |
(173,609) |
7,194 |
Thecontingencydesignatedfundisdesignedtoringfencethereserveswhichwouldbe required
for an orderly wind down in the event of closure.
continued...
Page 9
Sunflower After School Club CIO
Notes to the Financial Statements - continued
for the year ended 31 August 2020
10. RELATED PARTY DISCLOSURES
Thetrusteesaredrawnfromfamiliesusingtheservicesprovidedandassuchpayfeesat the
normal rates.
Page 10
Sunflower After School Club CIO
Detailed Statement of Financial Activities for the year ended 31 August 2020
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Investment income
Deposit account interest
Charitable activities
Fees
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Rent
Insurance
Telephone & Computer
Sundries
Food
Resources
Administration
Special events
Training
Depreciation of tangible fixed assets
Support costs
Governance costs
Independent Examiner
Total resources expended
Net (expenditure)/income |
2020
£
150
9,018
9,168
133
68,825
78,126
76,007
2,130
401
163
215
1,389
666
1,256
295
498
53
83,073
1,518
84,591
(6,465) |
2019
£
90
- |
|
|
90
305
102,282 |
|
|
102,677
76,303
4,846
400
173
963
2,761
1,008
452
601
412
49 |
|
|
87,968
1,050 |
|
|
89,018 |
|
|
13,659 |
This page does not form part of the statutory financial statements
Page 11