REGISTERED CHARITY NUMBER: 1171627
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 August 2021
for
Guildhall Feoffment Preschool & Nursery
CIO
Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR
Guildhall Feoffment Preschool & Nursery
CIO
Contents of the Financial Statements
for the Year Ended 31 August 2021
|
|
Page |
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Report of the Trustees |
1 |
to |
4 |
Independent Examiner's Report |
|
5 |
|
Statement of Financial Activities |
|
6 |
|
Balance Sheet |
|
7 |
|
Notes to the Financial Statements |
8 |
to |
15 |
Detailed Statement of Financial Activities |
16 |
to |
17 |
Guildhall Feoffment Preschool & Nursery CIO
Report of the Trustees
for the Year Ended 31 August 2021
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31August2021.The trustees
haveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicable to
charities preparing their accounts in accordancewith the FinancialReporting Standardapplicablein the UK and Republic of Ireland
(FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Theaimof thesettingis toenhancethedevelopmentandeducationof children,primarilyforthoseunderstatutoryschool age.
Workinginpartnershipwithitsmembers,itencouragesparentsandguardianstounderstandandprovidefortheneedsof their
children. The setting believes that children learn through play and it strives to provide appropriateresources and opportunities for
play whilst educating and caring for all its children, whatever their race, culture, religion, means or ability.
Tofacilitateitsaims,thePre-schoolandNurseryonlyemploysstaffwithrelevantqualificationsandstringentlyabideswith safe
recruitment best practice. All staff are encouraged to continue their professional development to ensure continuing excellence.
Eachchildisappointedakeyworkertoensurethattheirdevelopmentiscloselymonitoredandrecorded.Allstaffhave regular
"supervisions"bytheirmanager,ensuringpastoralandsafeguardingmattersarehighlighted.TheNurseryworksclosely with
parentsandguardians,ensuringthattheyare informedof activitiesandof theirchild'sprogress.Apartfrom staffbeing available
beforeandaftersessions,othercommunicationmethodsincludeaweekly"newsy"emailfromtheNursery'sManager, the
Nursery's website and noticeboards.
Public benefit
TheTrusteeshaveconsideredtheCharityCommission'sguidanceonpublicbenefit,includingtheguidance"public benefit:
runninga charity(PB2)".The Pre-schooland Nurseryrelies on grantsfrom the local counciland the income from fees to cover its
operating costs. Affordability and access to our services is important to us and is reflected in the fees we charge to parents.
ACHIEVEMENT AND PERFORMANCE
Achievements and performance
Thesettinghasenjoyedanothersuccessfulyear,andhavingchildrenfromtheageof1hashelpedusmaintainour healthy
financial position.
DuringtheyearthePre-schoolandNurseryhascontinuedtoenhancethelearningexperiencesofchildrenbypayingfor other
professionals,includingIMPS,TadpoleTunesandDancingStarstoattendsessions.Investmentsingoodqualityequipment and
resources, in order to maintain exciting and varied teaching and play resources, is a priority.
Thesettinghascontinuedtomakeconsiderableimprovementstotheoutdoorspacestoenhancelearningforthechildren. This
includeslargecanopiestoprovidecoverfortheoutsideareasandthepurchaseoflargescaleequipmenttoenablechildren to
climb and explore.
Thesettingcurrentlyhas69childrenonitsregister.FundingprovidedfromSuffolkCountyCouncilintheschoolyear 2020/21
amountedto £156,215.In addition,fees chargedfor Pre-schoolandNurseryattendancenot coveredby localauthority provision
in the year amounted to £153,885.
Currentstaffingis at 16 members of staff,including2 apprentices.TracyBucher,the manager,continuesto representthe setting
as the Lead Practitionerfor Suffolk CountyCouncil,a role which allows her to share our good practicewith other provisionsin the
area.
The financialadministrationis completedby the Manager,assistedby the DeputyManagerand Room Leader,with support from
Knights Lowe, the charity's accountant.
The income of the Pre-school and Nursery is detailed in the Statement of Financial Activities and supporting notes.
Page 1
Guildhall Feoffment Preschool & Nursery CIO
Report of the Trustees for the Year Ended 31 August 2021
FINANCIAL REVIEW
Going concern
TheeffectsoftheglobalCOVID-19pandemichavebeencarefullyconsideredwhenpreparingthesefinancialstatements. These
financialstatementscontinuetobepreparedonagoingconcernbasisasthetrusteesareconfidentthatthePre-school and
Nursery are in a strong financial position to continue going forward.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsconstitutionandconstitutesacharitableincorporatedorganisation(CIO).Theconstitution was
re-written in 2017 when the CIO was formed.
Charity constitution
The Pre-schoolwas establishedin 1990andregisteredas an unincorporatedcharityin 1993.On 31 August2017all the assets of
the old unincorporated charity were transferred to this CIO.
Organisational structure
MembershipofthePre-schoolandNursery'sManagementCommitteeconsistsofatleast5membersandnotmorethan 8
members with suitable experience to work alongside the committee to support the Pre-school and Nursery.
TheTrusteesoriginallyappointedin2017willremaininplaceuntiltheywishtorelinquishtheirpost.Anyother Committee
members/TrusteesarerequiredtostanddownfromtheirpositionattheAnnualGeneralMeeting;retiringCommittee members
areeligibleforre-election.Atthesamemeetinganelectionfornewmembersandofficerswilltakeplace.Guidanceon the
responsibilities of the Committee is offered in the Pre-school's 'Committee Information Guide'.
AsTrusteesoftheregisteredcharitytheManagementCommitteestrivestoensurethePre-schoolandNurseryoperates in
accordancewiththepoliciesandconstitutionofthePre-School.ThePre-schoolisregisteredwithOFSTED(registration no.
EY546273) and works with Suffolk County Council, striving to provide an outstanding provision.
As a responsibleemployerthe Pre-schoolandNurseryuses the servicesof a payrollbureauto ensurecompliancewith its payroll
liabilities;toensurecompliancewithemploymentlawithasappointedandseeksadvicefromaHumanResources consultant
(www.pshumanresources.co.uk).
ThePre-schoolandnurseryisregisteredwiththeInformationCommissioner'sOfficetoensureawarenessandcompliance with
Data Protection legislation.
Treatment of assets and surplus funds on a winding-up
In the event of the dissolutionof the ManagementCommittee,the Pre-schooland Nursery'sassetsand surplusfundswould pass
to other charitable purposes the same as, or similar to, those of the CIO.
Page 2
Guildhall Feoffment Preschool & Nursery CIO
Report of the Trustees for the Year Ended 31 August 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The Management Committee have examined the major strategic and operationalrisks which the Pre-school and Nursery faces and
confirm that systems have been established to mitigate these risks.
The Pre-schoolandNurseryinsuresthrougha specialisedchildcarebroker,MortonMichel.The currentpolicyis withStirling and
includesPublicLiabilitycoverup to £10 million,Employer'sLiabilitycover up to £10 million,DirectorsandOfficers'Liability cover
up to £50,000 and Loss of Revenue cover up to £327,000.
TheTrusteesconsiderthatunrestrictedreservesof notlessthan£100,000shouldbe retainedtoensurethatthePre-school and
Nurseryis able to fund ongoingrevenue costs,principallystaff wages, shouldthere be a delay or significantreductionin revenue,
or to meet financialliabilitiesincludingstatutoryredundancyand notice paymentsto staff in the event of the Pre-schoolhaving to
close without notice. This is reviewed annually.
The Pre-schooland Nurseryconstantlyreviews its financialposition,presentinga full financialreport at each Committee meeting.
The financialrecordsareheldsecurelyon site,availablefor inspectionbytheManagementCommitteeandofficers representing
official bodies such as OFSTED and HM Revenue & Customs.
AqualifiedaccountantisappointedasanIndependentExaminertoreviewtheaccountingrecordsattheendofeach financial
period,assistinthepresentationofaccountsinaccordancewithrelevantlegislationandreportbacktothe Management
Committee on any recommendations arising from the review.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1171627
Principal address
Ford House
Shirehall Way
Bury St Edmunds
Suffolk
IP33 2BA
Trustees
S Howes
Mrs T Bucher
Mrs L E Knights (resigned 24.3.21)
Mrs S Herriott
Ms M Frankum
Ms L Border (resigned 29.9.20)
Mrs J Wetton (appointed 29.9.20)
Mrs C Beeston (appointed 29.9.20) (resigned 20.7.21)
Page 3
Guildhall Feoffment Preschool & Nursery CIO
Report of the Trustees for the Year Ended 31 August 2021
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Kirk Vaughan
The Institute of Chartered Accounts in England & Wales
Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR
Approved by order of the board of trustees on 20 October 2021 and signed on its behalf by:
Mrs S Herriott - Trustee
Page 4
CIO
Independent Examiner's Report to the Trustees of Guildhall Feoffment Preschool & Nursery
Independent examiner's report to the trustees of Guildhall Feoffment Preschool & Nursery CIO
I reportto the charitytrusteeson my examinationof the accountsof GuildhallFeoffmentPreschool& NurseryCIO (the Trust) for
the year ended 31 August 2021.
Responsibilities and basis of report
As the charitytrusteesof the Trustyouare responsiblefor the preparationof the accountsin accordancewiththe requirements
of the Charities Act 2011 ('the Act').
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheActandincarryingout my
examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbe a memberof a listedbody.I canconfirmthatI am
qualifiedtoundertaketheexaminationbecauseIamaregisteredmemberofTheInstituteofCharteredAccountsinEngland &
Wales which is one of the listed bodies.
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith 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.
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattentionshould be
drawn in this report in order to enable a proper understanding of the accounts to be reached.
Kirk Vaughan
The Institute of Chartered Accounts in England & Wales
Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR
20 October 2021
Page 5
Guildhall Feoffment Preschool & Nursery CIO
Statement of Financial Activities for the Year Ended 31 August 2021
2021
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,340
Charitable activities
Educational activities
163,469
Fee income
2
150,545
Investment income
3
10
Total
315,364
EXPENDITURE ON
Raising funds
208,901
Charitable activities
Educational activities
140,859
Total
349,760
NET INCOME/(EXPENDITURE)
(34,396)
RECONCILIATION OF FUNDS
Total funds brought forward
152,326
TOTAL FUNDS CARRIED FORWARD
117,930 |
2020
Total
funds
£
-
191,495
105,734
208
297,437
182,774
144,394
327,168
(29,731)
182,057
152,326 |
|
|
The notes form part of these financial statements
Page 6
Guildhall Feoffment Preschool & Nursery CIO
Balance Sheet
31 August 2021
2021
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
8
29,460
CURRENT ASSETS
Debtors
9
1,633
Cash at bank and in hand
131,537
133,170
CREDITORS
Amounts falling due within one year
10
(44,700)
NET CURRENT ASSETS
88,470
TOTAL ASSETS LESS CURRENT LIABILITIES
117,930
NET ASSETS
117,930
FUNDS
11
Unrestricted funds
117,930
TOTAL FUNDS
117,930 |
2020
Total
funds
£
37,469
1,690
152,466
154,156
(39,299)
114,857
152,326
152,326
152,326
152,326 |
|
|
Thefinancialstatementswere approvedbytheBoardof Trusteesandauthorisedforissueon20October2021andwere signed
on its behalf by:
S Herriott - Trustee
T Bucher - Trustee
The notes form part of these financial statements
Page 7
Guildhall Feoffment Preschool & Nursery
CIO
Notes to the Financial Statements
for the Year Ended 31 August 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financialstatementsof the charity,which is a publicbenefitentityunder FRS 102, have been preparedin accordance
with the Charities SORP (FRS 102) 'Accountingand Reporting by Charities:Statementof Recommended Practice applicable
tocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUK and
RepublicofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting
StandardapplicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancialstatementshave been
prepared under the historical cost convention.
The presentational currency of these financial statements is pounds Sterling, rounding to whole pounds.
Financial reporting standard 102 - reduced disclosure exemptions
Thecharityhastakenadvantageofthefollowingdisclosureexemptionsinpreparingthesefinancialstatements, as
permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
-
the requirements of Section 7 Statement of Cash Flows;
-
the requirement of paragraph 3.17(d);
-
the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
-
the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A;
-
the requirement of paragraph 33.7.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommittingthecharity to
that expenditure,it is probablethat a transferof economicbenefitswill be requiredin settlementand the amountof the
obligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassified under
headingsthataggregateall cost relatedto the category.Where costscannotbe directlyattributedto particular headings
they have been allocated to activities on a basis consistent with the use of resources.
Debtors and creditors due within one year
Debtorsandcreditorswithno statedinterestrateandreceivableor payablewithinone yearare recordedat transaction
price. Any losses arising from impairment are recognised in expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property- 5 years straight line
Play equipment- 3 years straight line
Furniture and fixtures- 3 years straight line
Office equipment- 3 years straight line
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds
Unrestrictedfundsarespentorappliedatthediscretionofthetrustees.tofurtheranyofthecharity’s purposes.
Unrestricted funds can be used to supplement expenditure made from restricted funds.
continued...
Page 8
Guildhall Feoffment Preschool & Nursery
CIO
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
1. ACCOUNTING POLICIES - continued
Fund accounting
Designated funds
Thetrusteesmaychoosetosetasideapartoftheunrestrictedfundstobeusedforaparticularfutureproject or
commitment. By earmarking funds in this way, the trusteesset up a designatedfund that remains part of the unrestricted
fundsof thecharity.Thisis becausethedesignationhasanadministrativepurposeonlyanddoesnotlegallyrestrict the
trustees discretion in how to apply the unrestricted funds that they have earmarked.
Restricted funds
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity.Restrictions arise
when specified by the donor or when funds are raised for particular restricted purposes.
Guildhall Feoffment Preschool & Nursery CIO has no restricted or designated funds.
Hire purchase and leasing commitments
RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitiesonastraightlinebasisover the
period of the lease.
Pension costs and other post-retirement benefits
The charityoperatesa definedcontributionpensionscheme.Contributionspayableto thecharity'spensionscheme are
charged to the Statement of Financial Activities in the period to which they relate.
2.
3.
FEE INCOME
Fee income
Staff lunch contributions
INVESTMENT INCOME
Deposit account interest |
2021
£
150,545
-
150,545
2021
£
10 |
2020
£
105,452
282 |
|
|
105,734 |
|
|
2020
£
208 |
continued...
Page 9
Guildhall Feoffment Preschool & Nursery CIO
Notes to the Financial Statements - continued
for the Year Ended 31 August 2021
4. INDEPENDENT EXAMINATION FEES
|
2021 |
2020 |
|
|
|
|
£ |
£ |
Independent examination fee |
1,235 |
1,235 |
Other fees |
1,357 |
2,330 |
Payroll processing fees |
1,865 |
1,905 |
|
|
|
|
4,457 |
5,470 |
|
|
|
5. TRUSTEES' REMUNERATION AND BENEFITS
Trustees' salaries
Trustees' social security
Trustees' pensions paid |
2021
£
59,210
5,739
2,336
67,285 |
2020
£
55,576
5,369
1,763 |
|
|
62,708 |
T Bucher was paid £35,680 for her role as Pre-School and Nursery Manager.
M Frankum was paid £23,530 for her role as Assistant Manager.
Trustees' expenses
TBucherwasreimbursed£320(2020:£329)forvariousexpenditure(batteries,plants,paintetc.)incurredduring the
year.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
|
2021 |
2020 |
Pre-school & nursery staff |
16 |
14 |
No employees received emoluments in excess of £60,000.
continued...
Page 10
Guildhall Feoffment Preschool & Nursery CIO
Notes to the Financial Statements - continued
for the Year Ended 31 August 2021
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|
|
Unrestricted |
|
fund |
|
£ |
INCOME AND ENDOWMENTS FROM |
|
Charitable activities |
|
Educational activities |
191,495 |
Fee income |
105,734 |
Investment income |
208 |
Total |
297,437 |
EXPENDITURE ON |
|
Raising funds |
182,774 |
Charitable activities |
|
Educational activities |
144,394 |
Total |
327,168 |
NET INCOME/(EXPENDITURE) |
(29,731) |
RECONCILIATION OF FUNDS |
|
Total funds brought forward |
182,057 |
TOTAL FUNDS CARRIED FORWARD |
152,326 |
continued...
Page 11
Guildhall Feoffment Preschool & Nursery CIO
Notes to the Financial Statements - continued
for the Year Ended 31 August 2021
8. TANGIBLE FIXED ASSETS
Improvements
Furniture
to
Play
and
Office
property
equipment
fixtures
equipment
£
£
£
£
COST
At 1 September 2020
40,313
11,451
9,022
2,792
Additions
-
8,884
896
399
At 31 August 2021
40,313
20,335
9,918
3,191
DEPRECIATION
At 1 September 2020
18,747
3,466
2,387
1,509
Charge for year
7,520
6,402
3,231
1,035
At 31 August 2021
26,267
9,868
5,618
2,544
NET BOOK VALUE
At 31 August 2021
14,046
10,467
4,300
647
At 31 August 2020
21,566
7,985
6,635
1,283 |
Totals
£
63,578
10,179 |
|
73,757 |
|
26,109
18,188 |
|
44,297 |
|
29,460 |
|
37,469 |
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Prepayments and accrued income
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Taxation and social security
Other creditors |
2021
£
1,633
2021
£
105
4,119
40,476
44,700 |
2020
£
1,690
2020
£
767
3,889
34,643 |
2020
£
1,690 |
|
|
39,299 |
|
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors includes deferred income as below:
|
2020 |
Released in the
year |
Deferred |
2021 |
|
|
|
|
|
Fees |
4,260 |
(4,260) |
7,600 |
7,600 |
Grant |
25,084 |
(25,084) |
28,854 |
28,854 |
|
|
|
|
|
|
29,344 |
(29,344) |
36,454 |
36,454 |
|
|
|
|
|
|
|
|
|
|
continued...
Page 12
Guildhall Feoffment Preschool & Nursery CIO
Notes to the Financial Statements - continued
for the Year Ended 31 August 2021
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued
Grantincomefrom SuffolkCountyCouncilwas receivedin August2021for the Autumn2021term and has therefore has
been deferred to the 2021/22 financial year.
11. MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Net
movement
At
At 1.9.20
in funds
31.8.21
£
£
£
152,326
(34,396)
117,930
152,326
(34,396)
117,930
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
315,364
(349,760)
(34,396
315,364
(349,760)
(34,396 |
At
31.8.21
£
117,930 |
|
|
117,930 |
|
|
(34,396 |
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS |
Net
movement
At 1.9.19
in funds
£
£
182,057
(29,731)
182,057
(29,731) |
At
31.8.20
£
152,326 |
|
|
152,326 |
continued...
Page 13
Guildhall Feoffment Preschool & Nursery CIO
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
resources
£
297,437
297,437 |
Resources
Movement
expended
in funds
£
£
(327,168)
(29,731)
(327,168)
(29,731) |
Resources
Movement
expended
in funds
£
£
(327,168)
(29,731)
(327,168)
(29,731) |
|
|
|
(29,731) |
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Net
movement
At 1.9.19
in funds
£
£
182,057
(64,127)
182,057
(64,127) |
At
31.8.21
£
117,930 |
|
|
117,930 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheaboveare as
follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
resources
£
612,801
612,801 |
Resources
Movement
expended
in funds
£
£
(676,928)
(64,127)
(676,928)
(64,127) |
Resources
Movement
expended
in funds
£
£
(676,928)
(64,127)
(676,928)
(64,127) |
|
|
|
(64,127) |
continued...
Page 14
Guildhall Feoffment Preschool & Nursery CIO
Notes to the Financial Statements - continued for the Year Ended 31 August 2021
12. EMPLOYEE BENEFIT OBLIGATIONS
Thecharityoperatesadefinedcontributionschemeforitsemployees.TheamountrecognisedintheStatement of
FinancialActivitiestotalled£7,454(2020£5,184).£1,354(20201£1,168)wasincludedincreditorsrelatingto pension
contributions not paid at the year end.
13. RELATED PARTY DISCLOSURES
Thecharityreceivedfromtrustees,feeandotherincomeof£17,237(2020:£5,860)atnormalratesinrespectof the
children of trustees that attended the setting during the year.
Page 15
Guildhall Feoffment Preschool & Nursery CIO
Detailed Statement of Financial Activities for the Year Ended 31 August 2021
INCOME AND ENDOWMENTS
Donations and legacies
Fundraising
Fee income
Fee income
Staff lunch contributions
Investment income
Deposit account interest
Charitable activities
Grants
Government grants
Insurance claim
Total incoming resources
EXPENDITURE
Other trading activities
Wages
Social security
Pensions
Charitable activities
Trustees' salaries
Trustees' social security
Trustees' pensions paid
Hire of equipment
Rent
Rates and water
Insurance
Telephone & internet
Postage and stationery
Carried forward |
2021
£
1,340
150,545
-
150,545
10
156,215
7,254
-
163,469
315,364
197,469
6,315
5,117
208,901
59,210
5,739
2,336
2,144
6,360
1,633
1,685
2,620
194
81,921 |
2020
£
-
105,452
282 |
|
|
105,734
208
156,736
25,131
9,628 |
|
|
191,495 |
|
|
297,437
174,142
5,211
3,421 |
|
|
182,774
55,576
5,369
1,763
2,004
6,348
926
1,266
2,606
790
76,648 |
This page does not form part of the statutory financial statements
Page 16
Guildhall Feoffment Preschool & Nursery CIO
Detailed Statement of Financial Activities
for the Year Ended 31 August 2021
Charitable activities
Brought forward
Sundry expenses
School lunches & groceries
Payroll bureau charges
Staff recruitment & HR
Staff training & course fees
Cleaning & property maintenance
Health & safety
Kitchen equipment
Outside garden area
Computer expenses & website
Office fixtures & furniture
DBS checks
Subscriptions
Childrens' activities
Equipment & books
Speech therapist
Depn of plant & equipment etc.
Loss on disposal of fixed assets
Support costs
Governance costs
Independent examination fee
Independent examiner's remuneration for other
work
Total resources expended
Net expenditure |
2021
£
81,921
1,946
8,021
1,845
79
1,920
15,450
1,667
1,074
166
1,857
905
338
329
1,996
565
-
18,188
-
138,267
1,235
1,357
2,592
349,760
(34,396) |
2020
£
76,648
2,238
6,662
1,905
552
2,518
12,894
2,483
736
2,382
966
1,787
48
383
4,451
5,420
1,348
13,789
3,619
140,829
1,235
2,330
3,565
327,168
(29,731) |
|
|
|
This page does not form part of the statutory financial statements
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