Registered charity number: 1175289 Mothergoose Preschool Report of the trustees, and unaudited financial statements for the year ended 31 August 2019 Contents Page Report of the Trustees 2 -4 Independent Examiner’s Report 5-6 Statement of Financial Activities 7 Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 Balance Sheet Notes to the accounts Detailed Statement of financial Activities 8 9-14 15 Report of the Trustees For the year ended 31 August 2019 Mothergoose preschool. The trustees present their report with the financial statements of the charity for the year ended 31 August 2019. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) `Accounting and Reporting by Charities’ effective from January 2015. ## Reference and administrative details Registered Charity number: 1175289 Wimpole Village Hall Cambridge Road Wimpole Cambridge SG8 5QE Trustees: Elizabeth Gloria Sapsed (Treasurer) Resigned – 10 October 2019 Ian Carl Neale Hannant Daniella Ord (Chair) Elisabeth Haigh (Secretary) Victoria Alice Beatrice McKenzie Resigned – 10 October 2019 Victoria Elizabeth Doddimead Resigned – 13 June 2019 Amelia Cobon Ginsberg Resigned – 19 May 2019 Shelley Coulman (Treasurer) Appointed – 10 October 2019 Emma Smith Appointed – 10 October 2019 Helen Stuckey Appointed – 10 October 2019 Resigned – 10 October 2019 Resigned – 13 June 2019 Resigned – 19 May 2019 Appointed – 10 October 2019 Appointed – 10 October 2019 Appointed – 10 October 2019 Independent Examiner: Adrian Winter FCCA Taylor & Co The Sycamores 43 Kneesworth Street Royston, SG8 5AB Report of the Trustees (continued) 1 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 For the year ended 31 August 2019 Mothergoose preschool. ## Structure, Governance and Management The charity is controlled by its governing document, The CIO Constitution for childcare providers 2013. The trustees are elected by the membership at the AGM. Mothergoose Preschool is administered and managed by the trustees most of the trustees are parents and have an affiliation with the pre-school. The Preschool are actively seeking trustees with specific skills to contribute to the strategic plan being developed. ## Objectives and activities The objective of Mothergoose is to is to enhance the development and education of children and young people by ensuring that we adhere to the following: - promoting their care and safety; - promoting their education and promoting parental involvement; - promoting their health and wellbeing; - providing services to individuals holding membership of the CIO; and - furthering the aims of the pre-school learning alliance. The Preschool is located in a village hall within South Cambridgeshire and has been established for over twenty years. The preschool has an excellent reputation within the local community but is currently operating for mornings only. The current trustees are looking into ways to extend the operating hours so that other families can benefit from the excellent provision that the preschool can provide. The preschool is ofsted registered and follows the EYFS curriculum. This ensures that all children under the age of five benefit from a safe secure and happy environment where they can play and develop. The trustees actively promote these ideals and therefore look at ways to enhance the child’s time spent at the preschool. The preschool maintains excellent relationships with the local primary school and offer additional sessions for rising fives only to ensure that they are ready for starting school, visits to the school are arranged, and children benefit greatly from our close working relationship. Report of the Trustees (continued) For the year ended 31 August 2019 Mothergoose preschool. In carrying out these activities the trustees confirm adherence with the Charity Commission’s guidance on public benefit activities. The trustees are producing a strategic plan to enable them to push the preschool in a new direction, this plan will be produced with trustees, staff and parents to ensure that the children benefit from any future projects. The preschool is in need of skilled trustees and professional support, the current trustees are actively seeking help with promotion in the area of social media and marketing. The challenge facing the preschool year on year is to cover running costs in line with ofsted regulations whilst government funding remains relatively low. This financial year the preschool made a loss of £xxxx (2018: xxx) this was due to xxxxxx. The trustees are looking at staffing levels along with increasing the availability of the provision. ## Reserves Policy 2 | P a g e ## Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 Mothergoose reserves policy is in place to protect relevant stakeholders in the unlikely event that the scheme’s income reduces, and the scheme is unable to continue. The amount held in reserves is currently under review as to the level that is maintained. ## Risk management The trustees have a duty to identify and review risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. On Behalf of the Board: Daniella Ord (Chair) Date: ## Independent Examiners report to the trustees of Mothergoose Preschool I report on the accounts for the year ended 31 August 2019 set out on pages X to X. ## Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. ## It is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - to state whether particular matters have come to my attention. ## Basis of the independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below. ## Independent examiner's statement The charity’s gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of the XXXX I have completed my examination. I confirm that no matter has come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or 3 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 ## Independent Examiners report to the trustees of Mothergoose Preschool (continued) - the accounts did 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 I have no material concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Date: ## Statement of fnancial Activities For the year ended 31 August 2019 ||2019
2018
Unrestricte
d Funds
Restricted
Funds
Total
Funds
Total
Funds
Notes
£
£
£
£
Incoming resources
Incoming resources
generated funds
Donations
3
-
3.466
3,466
1,358
Activitiesforgeneratingfunds
3
51,926
3,596
55,522
32,653| |---|---| ||Total Incoming resources
51,926
7,062
58,988
34,011
Resources expended
Costs of generating funds
Fundraising trading: costs of
goods sold and other costs
5
48,660
4,339
52,999
39,754| 4 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 ||Mothergoose Preschool
Unaudited Financial Statements
Year Ended 31 August 2019| |---|---| ||| ||Net incoming/(Outcoming)
resources
3,266
2,723
5,989
(5,743)
Reconciliation of funds
Total funds brought forward
13
29,576
1,908
31,484
37,226| ||FundsReceivedinyear
13
3,266
2,723
5,989
(5,743)| ||Total funds carried forward
32,842
4,631
37,473
31,484| ## Balance Sheet As at 31 August 2019 ||2019
2018
Unrestricte
d Funds
Restricte
d Funds
Total
Funds
Total
Funds
Note
s
£
£
£
£
Current Assets
Trade Debtors
9
10,257
-
10,257
Cash at bank and in hand
11
33,616
4,631
38,247
41,971| |---|---| ||Total current assets
43,873
4,631
48,504
41,970
Current Liabilities
Creditors amounts due within one year
10
(11,031)
-
(11,03
1)
(10,48
7)| ||Total assets less current liabilities
32,842
4,631
37,473
31,484| ||Net assets
32,842
4,631
37,473
31,484| ||Funds
Unrestricted funds
13
32,842
-
32,842
29,576
Restricted funds
13
-
4,631
4,631
1,908| ||Total funds
32,842
4,631
37,473
31,484| 5 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 Notes to the fnancial statements For the year ended 31 August 2019 ## 1 Basis of preparation ## 1.1 Basis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. They have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities, Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS102. ## 1.2 Going Concern The trustees deem the charity to be a going concern for the next twelve months and will continue to monitor this. ## 2 Accounting Policies ## 2.1 Recognition of income All income is included within the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). Trading income is recognised at point of sale for both donated and purchased goods. The charity has the use of a village hall in Wimpole and are charged a commercial rent. ## Accounting Policies (continued) ## 2.2 Expenditure and liabilities Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. 6 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 2.3 Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Furniture and Fittings 25% on cost IT equipment 33% on cost ## 2.4 Taxation The charity is exempt from tax on its charitable activities. ## 2.5 Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular purpose. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements ## 2.6 Reserves Policy MotherGoose Pre School reserves policy aims to keep designated funds at a level equal to three months expenditure. The trustees are currently reviewing the level of reserves required. ## 3 Analysis of Income ||3 Analysis of Income| |---|---| ||2019
2018
Unrestricted
funds
Restricted
income
funds
Total
Funds
Total
Funds
£
£
£
£
Donations and legacies
Donations and Gifts
-
466
466
358
Grants
-
3,000
3,000
1,000| ||Total
-
3,466
3,466
1,358
Other trading activities
EYF Grant
42,212
303
42,51
5
24,051
Invoiced Fees
9,687
-
9,687
6,329
Early Start club
-
1,113
1,113
140
Fundraising
-
1,803
1,803
1,814
Other
-
377
377
319
Investment income
Interest income
27
-
27
-| ||Total Income
51,926
7,062
58,98
8
34,011| 7 | P a g e ## Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 ## 4 Analysis of expenditure ||Unrestricted
funds
Restricted
funds
2019
2018
Expenditure on raising funds
£
£
£
£
Wages
40,191
-
40,19
1
27,031
Direct Costs
1,520
3,186
4,706
5,467
Premises Costs
3,783
-
3,783
3,545
Support Costs
3,166
1,153
4,319
3,711| |---|---| ||Total
48,660
4,339
52,99
9
39,754| ## 5 Details of items of expenditure |5 Details of items of expenditure||| |---|---|---| ||2019|2018| |Fees for the examination of the accounts|£|£| |Independent Examiner’s Fee|180|180| 6 Paid employees ## 6.1 Staff costs |6.1 Staf costs||| |---|---|---| ||2019|2018| ||£|£| |Salaries and wages|40,191|27,031| |Total staf costs|40,191|27,031| ## 6.2 Average headcount in the year The average number of employees during the year was as follows |The average number of employees during the year was as follows||| |---|---|---| ||2019|2018| |Support staf|4|4| |7 Debtors and prepayments||| ||2019|2018| |Trade Debtors|10,257|-| |Total Debtors|10,257|-| |8 Creditors and accruals||| ||2019|2018| |Deferred Income|10,529|10,306| |Trade Creditors|320|-| |Accruals|180|180| 8 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 Total creditors 11,029 10,486 ## 9 Cash at bank and in hand ||2019|2018| |---|---|---| |Cash at bank and in hand restricted|4,631|1,908| |Cashatbankandin hand unrestricted|33,616|39,992| |Total cash at bank and in hand|38,247|41,900| ## 10Post balance sheet events The trustees are aware of the risk attributed to the COVID19 outbreak and are following government advice and will continue to do so. We are looking at the mitigations should there be a necessary closure of the preschool. ## 11Movement in funds ||At 01.09.18
Net movement in
funds
At 31.08.19
£
£
£
Unrestricted funds
General fund
29,576
3,266
32,842
Restricted funds
General Restricted
1,072
559
1,631
Shed
836
(836)
-
Tesco
-
3,000
3,000| |---|---| ||31,484
5,989
37,473| ## Movement in funds |Movement in funds|Movement in funds||| |---|---|---|---| |Net movement in funds, included in the above||are as follows:|| ||Incoming resources|Resources|Movement in funds| |||expended|| ||£|£|£| |Unrestricted funds|29,576|3,266|32,842| |Restricted funds|1,908|2,723|4,631| ||31,484|5,989|37,473| ## 12Transactions with trustees and related parties 9 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 12.1 Trustees’ renumeration and benefits There were no trustees' remuneration or other benefits for the year ended 31 August 2019. (2018: None). ## 12.2 Trustees' expenses During the financial year re-imburseable expenses of £1,671 was paid to trustees. (2018: None). ## 12.3 Transactions with related parties There has been no related party transaction in the reporting period (2018: None). ## Detailed statement of fnancial activities for the year ended 31 August 2019 ||2019
2018
Incoming resources
£
£
Voluntary income
Donations
466
358
Grants
3,000
1,000
Activities for generating fnds
EYF Grant
42,515
24,051
Invoiced Fees
9,687
6,329
Early Start Club
1,113
140
Fundraising
1,803
1,814
Other
377
319
Investment Income
Deposit Account interest
27
-| |---|---| ||Total incomingresources
58,988
34,011| ||Resources expended
Wages| 10 | P a g e |Mothergoose Preschool
Unaudited Financial Statements
Year Ended 31 August 2019
Wages, Pensions, PAYE
Casual Staf Costs
Direct Costs
Toys and Resources
Furniture and Equipment
Art and craft materials
Outings and Entertainment
Dancing
Milk and Snack
Health and hygiene Equipment
End of Term Gifts
Premises Costs
Rent
Telephone and Internet
Cleaning
Maintenance|36,129
27,031
4,062
-
645
717
2,411
2,573
218
289
397
634
396
306
458
657
181
221
-
70
2,650
1,622
472
158
135
154
526
1,611| |---|---| Detailed statement of fnancial activities for the year ended 31 August 2019 (Continued) ||Detailed statement of fnancial activities for the year ended 31 August 2019
(Continued)| |---|---| ||Support Costs
Website Hosting
8
120
Computer Costs
483
-
Fundraising Expenses
657
941
Marketing and Advertising
25
-
Stationery and Postage
616
390
Insurance and Professional Fees
1,759
1,365
Bank Charges
34
-
Accountancy Services
185
180
Staf Training
500
397
Staf Costs
52
318| ||Total resources expended
52,999
39,754| ||Net income
5,989
(5,743)| 11 | P a g e ## **Mother Goose Pre School** ## **Profit and Loss Report** _01 June, 2023 - 30 June, 2023_ |Analysis Type: All, Analysis Category: All|| |---|---| |**Sales**
|| |4000 - Donations and Grants
100.00|| |4010 - EYF Grant
7,643.26|| |4030 - Private Fees
1,418.00|| |**Total Sales**|**£9,161.26**| |**Direct Expenses**|| ||| |**Total Direct Expenses**|**£0.00**| |**GROSS PROFIT / LOSS**|**£9,161.26**| |**Overheads**|| |7097 - Staff Costs
1,107.68|| |7500 - Printing
16.49|| |7900 - Bank Charges and Interest - Card/ DD Processing Fees
19.96|| |**Total Overheads**|**£1,144.13**| |**NET PROFIT / LOSS**|**£8,017.13**| 30 Jun 2023 16:46 Page 1 of 1 Registered charity number: 1175289 Mothergoose Preschool Report of the trustees, and unaudited financial statements for the year ended 31 August 2019 Contents Page Report of the Trustees 2 -4 Independent Examiner’s Report 5-6 Statement of Financial Activities 7 Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 Balance Sheet Notes to the accounts Detailed Statement of financial Activities 8 9-14 15 Report of the Trustees For the year ended 31 August 2019 Mothergoose preschool. The trustees present their report with the financial statements of the charity for the year ended 31 August 2019. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) `Accounting and Reporting by Charities’ effective from January 2015. ## Reference and administrative details Registered Charity number: 1175289 Wimpole Village Hall Cambridge Road Wimpole Cambridge SG8 5QE Trustees: Elizabeth Gloria Sapsed (Treasurer) Resigned – 10 October 2019 Ian Carl Neale Hannant Daniella Ord (Chair) Elisabeth Haigh (Secretary) Victoria Alice Beatrice McKenzie Resigned – 10 October 2019 Victoria Elizabeth Doddimead Resigned – 13 June 2019 Amelia Cobon Ginsberg Resigned – 19 May 2019 Shelley Coulman (Treasurer) Appointed – 10 October 2019 Emma Smith Appointed – 10 October 2019 Helen Stuckey Appointed – 10 October 2019 Resigned – 10 October 2019 Resigned – 13 June 2019 Resigned – 19 May 2019 Appointed – 10 October 2019 Appointed – 10 October 2019 Appointed – 10 October 2019 Independent Examiner: Adrian Winter FCCA Taylor & Co The Sycamores 43 Kneesworth Street Royston, SG8 5AB Report of the Trustees (continued) 1 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 For the year ended 31 August 2019 Mothergoose preschool. ## Structure, Governance and Management The charity is controlled by its governing document, The CIO Constitution for childcare providers 2013. The trustees are elected by the membership at the AGM. Mothergoose Preschool is administered and managed by the trustees most of the trustees are parents and have an affiliation with the pre-school. The Preschool are actively seeking trustees with specific skills to contribute to the strategic plan being developed. ## Objectives and activities The objective of Mothergoose is to is to enhance the development and education of children and young people by ensuring that we adhere to the following: - promoting their care and safety; - promoting their education and promoting parental involvement; - promoting their health and wellbeing; - providing services to individuals holding membership of the CIO; and - furthering the aims of the pre-school learning alliance. The Preschool is located in a village hall within South Cambridgeshire and has been established for over twenty years. The preschool has an excellent reputation within the local community but is currently operating for mornings only. The current trustees are looking into ways to extend the operating hours so that other families can benefit from the excellent provision that the preschool can provide. The preschool is ofsted registered and follows the EYFS curriculum. This ensures that all children under the age of five benefit from a safe secure and happy environment where they can play and develop. The trustees actively promote these ideals and therefore look at ways to enhance the child’s time spent at the preschool. The preschool maintains excellent relationships with the local primary school and offer additional sessions for rising fives only to ensure that they are ready for starting school, visits to the school are arranged, and children benefit greatly from our close working relationship. Report of the Trustees (continued) For the year ended 31 August 2019 Mothergoose preschool. In carrying out these activities the trustees confirm adherence with the Charity Commission’s guidance on public benefit activities. The trustees are producing a strategic plan to enable them to push the preschool in a new direction, this plan will be produced with trustees, staff and parents to ensure that the children benefit from any future projects. The preschool is in need of skilled trustees and professional support, the current trustees are actively seeking help with promotion in the area of social media and marketing. The challenge facing the preschool year on year is to cover running costs in line with ofsted regulations whilst government funding remains relatively low. This financial year the preschool made a loss of £xxxx (2018: xxx) this was due to xxxxxx. The trustees are looking at staffing levels along with increasing the availability of the provision. ## Reserves Policy 2 | P a g e ## Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 Mothergoose reserves policy is in place to protect relevant stakeholders in the unlikely event that the scheme’s income reduces, and the scheme is unable to continue. The amount held in reserves is currently under review as to the level that is maintained. ## Risk management The trustees have a duty to identify and review risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. On Behalf of the Board: Daniella Ord (Chair) Date: ## Independent Examiners report to the trustees of Mothergoose Preschool I report on the accounts for the year ended 31 August 2019 set out on pages X to X. ## Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. ## It is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - to state whether particular matters have come to my attention. ## Basis of the independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below. ## Independent examiner's statement The charity’s gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of the XXXX I have completed my examination. I confirm that no matter has come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or 3 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 ## Independent Examiners report to the trustees of Mothergoose Preschool (continued) - the accounts did 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 I have no material concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Date: ## Statement of fnancial Activities For the year ended 31 August 2019 ||2019
2018
Unrestricte
d Funds
Restricted
Funds
Total
Funds
Total
Funds
Notes
£
£
£
£
Incoming resources
Incoming resources
generated funds
Donations
3
-
3.466
3,466
1,358
Activitiesforgeneratingfunds
3
51,926
3,596
55,522
32,653| |---|---| ||Total Incoming resources
51,926
7,062
58,988
34,011
Resources expended
Costs of generating funds
Fundraising trading: costs of
goods sold and other costs
5
48,660
4,339
52,999
39,754| 4 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 ||Mothergoose Preschool
Unaudited Financial Statements
Year Ended 31 August 2019| |---|---| ||| ||Net incoming/(Outcoming)
resources
3,266
2,723
5,989
(5,743)
Reconciliation of funds
Total funds brought forward
13
29,576
1,908
31,484
37,226| ||FundsReceivedinyear
13
3,266
2,723
5,989
(5,743)| ||Total funds carried forward
32,842
4,631
37,473
31,484| ## Balance Sheet As at 31 August 2019 ||2019
2018
Unrestricte
d Funds
Restricte
d Funds
Total
Funds
Total
Funds
Note
s
£
£
£
£
Current Assets
Trade Debtors
9
10,257
-
10,257
Cash at bank and in hand
11
33,616
4,631
38,247
41,971| |---|---| ||Total current assets
43,873
4,631
48,504
41,970
Current Liabilities
Creditors amounts due within one year
10
(11,031)
-
(11,03
1)
(10,48
7)| ||Total assets less current liabilities
32,842
4,631
37,473
31,484| ||Net assets
32,842
4,631
37,473
31,484| ||Funds
Unrestricted funds
13
32,842
-
32,842
29,576
Restricted funds
13
-
4,631
4,631
1,908| ||Total funds
32,842
4,631
37,473
31,484| 5 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 Notes to the fnancial statements For the year ended 31 August 2019 ## 1 Basis of preparation ## 1.1 Basis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. They have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities, Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS102. ## 1.2 Going Concern The trustees deem the charity to be a going concern for the next twelve months and will continue to monitor this. ## 2 Accounting Policies ## 2.1 Recognition of income All income is included within the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). Trading income is recognised at point of sale for both donated and purchased goods. The charity has the use of a village hall in Wimpole and are charged a commercial rent. ## Accounting Policies (continued) ## 2.2 Expenditure and liabilities Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. 6 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 2.3 Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Furniture and Fittings 25% on cost IT equipment 33% on cost ## 2.4 Taxation The charity is exempt from tax on its charitable activities. ## 2.5 Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular purpose. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements ## 2.6 Reserves Policy MotherGoose Pre School reserves policy aims to keep designated funds at a level equal to three months expenditure. The trustees are currently reviewing the level of reserves required. ## 3 Analysis of Income ||3 Analysis of Income| |---|---| ||2019
2018
Unrestricted
funds
Restricted
income
funds
Total
Funds
Total
Funds
£
£
£
£
Donations and legacies
Donations and Gifts
-
466
466
358
Grants
-
3,000
3,000
1,000| ||Total
-
3,466
3,466
1,358
Other trading activities
EYF Grant
42,212
303
42,51
5
24,051
Invoiced Fees
9,687
-
9,687
6,329
Early Start club
-
1,113
1,113
140
Fundraising
-
1,803
1,803
1,814
Other
-
377
377
319
Investment income
Interest income
27
-
27
-| ||Total Income
51,926
7,062
58,98
8
34,011| 7 | P a g e ## Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 ## 4 Analysis of expenditure ||Unrestricted
funds
Restricted
funds
2019
2018
Expenditure on raising funds
£
£
£
£
Wages
40,191
-
40,19
1
27,031
Direct Costs
1,520
3,186
4,706
5,467
Premises Costs
3,783
-
3,783
3,545
Support Costs
3,166
1,153
4,319
3,711| |---|---| ||Total
48,660
4,339
52,99
9
39,754| ## 5 Details of items of expenditure |5 Details of items of expenditure||| |---|---|---| ||2019|2018| |Fees for the examination of the accounts|£|£| |Independent Examiner’s Fee|180|180| 6 Paid employees ## 6.1 Staff costs |6.1 Staf costs||| |---|---|---| ||2019|2018| ||£|£| |Salaries and wages|40,191|27,031| |Total staf costs|40,191|27,031| ## 6.2 Average headcount in the year The average number of employees during the year was as follows |The average number of employees during the year was as follows||| |---|---|---| ||2019|2018| |Support staf|4|4| |7 Debtors and prepayments||| ||2019|2018| |Trade Debtors|10,257|-| |Total Debtors|10,257|-| |8 Creditors and accruals||| ||2019|2018| |Deferred Income|10,529|10,306| |Trade Creditors|320|-| |Accruals|180|180| 8 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 Total creditors 11,029 10,486 ## 9 Cash at bank and in hand ||2019|2018| |---|---|---| |Cash at bank and in hand restricted|4,631|1,908| |Cashatbankandin hand unrestricted|33,616|39,992| |Total cash at bank and in hand|38,247|41,900| ## 10Post balance sheet events The trustees are aware of the risk attributed to the COVID19 outbreak and are following government advice and will continue to do so. We are looking at the mitigations should there be a necessary closure of the preschool. ## 11Movement in funds ||At 01.09.18
Net movement in
funds
At 31.08.19
£
£
£
Unrestricted funds
General fund
29,576
3,266
32,842
Restricted funds
General Restricted
1,072
559
1,631
Shed
836
(836)
-
Tesco
-
3,000
3,000| |---|---| ||31,484
5,989
37,473| ## Movement in funds |Movement in funds|Movement in funds||| |---|---|---|---| |Net movement in funds, included in the above||are as follows:|| ||Incoming resources|Resources|Movement in funds| |||expended|| ||£|£|£| |Unrestricted funds|29,576|3,266|32,842| |Restricted funds|1,908|2,723|4,631| ||31,484|5,989|37,473| ## 12Transactions with trustees and related parties 9 | P a g e Mothergoose Preschool Unaudited Financial Statements Year Ended 31 August 2019 12.1 Trustees’ renumeration and benefits There were no trustees' remuneration or other benefits for the year ended 31 August 2019. (2018: None). ## 12.2 Trustees' expenses During the financial year re-imburseable expenses of £1,671 was paid to trustees. (2018: None). ## 12.3 Transactions with related parties There has been no related party transaction in the reporting period (2018: None). ## Detailed statement of fnancial activities for the year ended 31 August 2019 ||2019
2018
Incoming resources
£
£
Voluntary income
Donations
466
358
Grants
3,000
1,000
Activities for generating fnds
EYF Grant
42,515
24,051
Invoiced Fees
9,687
6,329
Early Start Club
1,113
140
Fundraising
1,803
1,814
Other
377
319
Investment Income
Deposit Account interest
27
-| |---|---| ||Total incomingresources
58,988
34,011| ||Resources expended
Wages| 10 | P a g e |Mothergoose Preschool
Unaudited Financial Statements
Year Ended 31 August 2019
Wages, Pensions, PAYE
Casual Staf Costs
Direct Costs
Toys and Resources
Furniture and Equipment
Art and craft materials
Outings and Entertainment
Dancing
Milk and Snack
Health and hygiene Equipment
End of Term Gifts
Premises Costs
Rent
Telephone and Internet
Cleaning
Maintenance|36,129
27,031
4,062
-
645
717
2,411
2,573
218
289
397
634
396
306
458
657
181
221
-
70
2,650
1,622
472
158
135
154
526
1,611| |---|---| Detailed statement of fnancial activities for the year ended 31 August 2019 (Continued) ||Detailed statement of fnancial activities for the year ended 31 August 2019
(Continued)| |---|---| ||Support Costs
Website Hosting
8
120
Computer Costs
483
-
Fundraising Expenses
657
941
Marketing and Advertising
25
-
Stationery and Postage
616
390
Insurance and Professional Fees
1,759
1,365
Bank Charges
34
-
Accountancy Services
185
180
Staf Training
500
397
Staf Costs
52
318| ||Total resources expended
52,999
39,754| ||Net income
5,989
(5,743)| 11 | P a g e