| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Statement ofFinancial Position | 6 | to | 7 |
| Statement ofCash Flows | |||
| Notes to the Statement ofCash Flows | |||
| Notes to the Financial Statements | 10 | to | 18 |
| Detailed Statement ofFinancial Activities | 19 | to | 20 |
| Period | |||||||
|---|---|---|---|---|---|---|---|
| 1.7.19 | |||||||
| Year Ended | to | ||||||
| 31.3.21 | 31.3.20 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | |||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 2 | 161,803 | 41,142 | 202,945 | 227,744 | |
| Charitable | activities | ||||||
| Charitable | activities | 362,235 | 362,235 | 277,038 | |||
| Other trading activities | 439 | ||||||
| Investment | income | 539 | 539 | 311 | |||
| Total | 524,577 | 41,142 | 565,719 | 505,532 | |||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Charitable | activities | 467,737 | 32,838 | 500,575 | 452,079 | ||
| NET INCOME | 56,840 | 8,304 | 65,144 | 53,453 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 53,453 | 53,453 | ||||
| TOTAL FUNDS CARRIED FORWARD | 110,293 | 8,304 | 118,597 | 53,453 |
| 31M | arch 2021 | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | 6 | ||||
| FIXEDASSETS | |||||
| Tangible assets | 12 | 8,194 | 8,194 | ||
| CURRENT ASSETS | |||||
| Debtors | 13 | 22,977 | 8,304 | 31,281 | |
| Cash at bank and in hand | 201,652 | 201,652 | 106,875 | ||
| 224,629 | 8,304 | 232,933 | 106,875 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
14 | (85,030) | (85,030) | (53,422) | |
| NKT CURRENT ASSETS | 139,599 | 8,304 | 147,903 | 53,453 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 147,793 | 8,304 | 156,097 | 53,453 | |
| CREDITORS | |||||
| Amounts falling due afier more than one year |
15 | (37,500) | (37,500) | ||
| NKT ASSETS | 110,293 | 8,304 | 118,597 | 53,453 | |
| FUNDS | 18 | ||||
| Unrestricted funds |
110,293 | 53,453 | |||
| Restricted funds | 8,304 | ||||
| TOTALFUNDS | 118,597 | 53,453 |
| Period | |||||
|---|---|---|---|---|---|
| 1.7.19 | |||||
| Year Ended | |||||
| 31.3.21 | 31.3.20 | ||||
| Notes | |||||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
58,310 | 106,564 | |||
| Net cash provided by operating | activities | 58,310 | 106,564 | ||
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed assets | (9,072) | ||||
| Interest received | 539 | 311 | |||
| Net cash (used in)/provided | by | investing | activities | ~8,533) | 311 |
| Cash flows from tinancing | activities | ||||
| New loans in year | 45,000 | ||||
| Net cash provided by financing | activities | 45,000 | |||
| Change in cash and cash equivalents | in | ||||
| the reporting period |
94,777 | 106,875 | |||
| Cash and cash equivalents | at | the | |||
| beginning ofthe reporting |
period | 106,875 | |||
| Cash and cash equivalents | at | the end | of | ||
| the reporting period |
201,652 | 106,875 |
| Period | ||||||
|---|---|---|---|---|---|---|
| 1.7.19 | ||||||
| Year Ended | to | |||||
| 31.3.21 | 31.3.20 | |||||
| Net income | for the | reporting | period (asper the Statement ofFinancial | |||
| Activities) | 65,144 | 53,453 | ||||
| Adjustments | for: | |||||
| Depreciation | charges | 878 | ||||
| Interest received | (539) | (311) | ||||
| Increase in debtors | (31,281) | |||||
| Increase in creditors | 24,108 | 53,422 | ||||
| Net cash provided | by | operations | 58,310 | 106,564 | ||
| ANALYSIS | OF CHANGES IN NET FUNDS | |||||
| At 1.4.20 | Cash flow | At 31.3.21 | ||||
| 8 | ||||||
| Net cash | ||||||
| Cash at bank | and in | hand | 106,875 | 94,777 | 201,652 | |
| 106,875 | 94,777 | 201,652 | ||||
| Debt | ||||||
| Debts falling | due within | I year | (7,500) | (7,500) | ||
| Debts falling | due afler | 1 year | ~37,500 | (37,500) | ||
| ~45,000) | ~(45,000 | |||||
| Total | 106,875 | ~49777 | 156,652 |
| DONATION | S AND LEGACIES |
||
|---|---|---|---|
| Period | |||
| 1.7.19 | |||
| Year Ended | to | ||
| 31.3.21 | 31.3.20 | ||
| Donations | 500 | ||
| Grants | 194,945 | 81,995 | |
| Donated goods and assets | 8,000 | ||
| Exceptional | items | 145,249 | |
| 202,945 | 227,744 |
| Period | ||||
|---|---|---|---|---|
| 1.7.19 | ||||
| Year Ended | to | |||
| 31.3.21 | 31.3.20 | |||
| 8 | ||||
| Action for Children | 48,001 | 20,000 | ||
| SMBC | 58,215 | 37,359 | ||
| CAFCASS | 2,670 | 2,805 | ||
| BBCChildren in Need | 25,673 | 21,831 | ||
| SCVO | 2,000 | |||
| Sylvia Adams | 3,000 | |||
| Groundwork | 500 | |||
| DPD Stay and Play | 1,500 | |||
| HMRC Job | Retention Scheme | 27,215 | ||
| Ladywood | EEE | 21,171 | ||
| National Literacy Trust | 5,000 | |||
| 194,945 | 81,995 | |||
| 3. | OTHER TRADING ACTIVITIES | |||
| Period | ||||
| 1.7.19 | ||||
| Year Ended | to | |||
| 31.3.21 | 31.3.20 | |||
| Photograph | sales | 439 | ||
| 4. | INVESTMENT INCOME | |||
| Period | ||||
| 1.7.19 | ||||
| Year Ended | to | |||
| 31.3.21 | 31.3.20 | |||
| f. | ||||
| Deposit account interest | 539 | 311 |
| 5. | INCOME | FROM CHARITABLE ACTIVITIES | FROM CHARITABLE ACTIVITIES | FROM CHARITABLE ACTIVITIES | ||||
|---|---|---|---|---|---|---|---|---|
| Period | ||||||||
| 1.7.19 | ||||||||
| Year Ended | ||||||||
| 31.3.21 | 31.3.20 | |||||||
| Activity | 6 | f | ||||||
| Stepping Stones | Charitable | acrivities | 122,247 | 92,956 | ||||
| Two Steps | Charitable | acrivities | 46,157 | 31,429 | ||||
| Little Steppers | Charitable | activities | 93,341 | 70,179 | ||||
| Tiny Steps | Charitable | activities | 99,605 | 81,129 | ||||
| Contact Centre | Charitable | activities | 140 | 580 | ||||
| Family Support | Charitable | activities | I | 90 | ||||
| Milk sales | Charitable | activities | 91 | 575 | ||||
| Sundry income | Charitable | activities | 68 | 100 | ||||
| Little Wonders | Charitable | activities | 585 | |||||
| 362,235 | 277,038 | |||||||
| 6. | CHARITABLE ACTIVITIES COSTS | |||||||
| Support | ||||||||
| Direct | costs (see | |||||||
| Costs | note 7) f |
Totals f |
||||||
| Charitable | activities | 398,529 | 102,046 | 500,575 | ||||
| 7. | SUPPORT | COSTS | ||||||
| Governance | ||||||||
| Management | Finance | Other | costs | Totals | ||||
| f | ||||||||
| Charitable | activities | 93,141 | 28 | 878 | 7,999 | 102,046 | ||
| 8. | NET INCOME/(EXPENDITURE) | |||||||
| Net income/(expenditure) | is stated aller charging/(crediting): |
| Period | |||||
|---|---|---|---|---|---|
| 1.7.19 | |||||
| Year Ended | |||||
| 31.3.21 | 31.3.20 | ||||
| f | f | ||||
| Independent | examiners | fee | 1,860 | 1,440 | |
| Depreciation | - | owned | assets | 878 | |
| Other operating | leases | 48,157 | 34,441 |
| Period | |||
|---|---|---|---|
| 1.7.19 | |||
| Year Ended | to | ||
| 31.3.21 | 31.3.20 | ||
| Wages | and salaries | 371,746 | 344,569 |
| Social | security costs | 7,652 | 13,663 |
| Other | pension costs | 5,344 | 3,990 |
| 384,742 | 362,222 |
| Period | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.7.19 | |||||||||||
| Year | Ended | to | |||||||||
| 31.3.21 | 31.3.20 | ||||||||||
| Direct delivery | 32 | 32 | |||||||||
| No employees received emoluments |
in excess of660,000. | ||||||||||
| Wages and | salaries includes | redundancy | costs paid of63,799. | ||||||||
| The Director who is considered | to be key management | personnel | received 643,716 | in the period. | |||||||
| COMPARATIVES FOR | THE | STATEMENT OF FINANCIAL | ACTIVITIES | ||||||||
| Unrestricted | Restricted | Total | |||||||||
| fund | funds | funds | |||||||||
| INCOME | AND ENDOWMENTS | FROM | |||||||||
| Donations | and legacies | 195,818 | 31,926 | 227,744 | |||||||
| Charitable. | activities | ||||||||||
| Charitable | activities | 277,038 | 277,038 | ||||||||
| Other trading activities |
439 | 439 | |||||||||
| Investment | income | 311 | 311 | ||||||||
| Total | 473,606 | 31,926 | 505,532 | ||||||||
| EXPENDITURE ON | |||||||||||
| Charitable | activities | ||||||||||
| Charitable | activities | 420,153 | 31,926 | 452,079 |
| for the Year Ended 31March 2 | for the Year Ended 31March 2 | 021 | 021 | ||
|---|---|---|---|---|---|
| 11. | COMPARATIVES FORTHE STATEMENT OFFINANCIAL | ACTIVITIES - continued | |||
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| I | 6 | ||||
| NET INCOME | 53,453 | 53,453 | |||
| TOTAL FUNDS CARRIED FORWARD | 53,453 | 53,453 | |||
| 12. | TANGIBLE FIXEDASSETS | ||||
| Equipment | |||||
| &computer | |||||
| equipment | |||||
| COST | |||||
| Additions | 9,072 | ||||
| DEPRECIATION | |||||
| Charge for year | 878 | ||||
| NET BOOKVALUE | |||||
| At 31March 2021 | 8,194 | ||||
| At 31March 2020 | |||||
| 13. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | ||||
| 8 | |||||
| Prepayments and accrued |
income | 31,281 | |||
| 14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2021 | 2020 | ||||
| Bank loans and overdratb | (see note 16) | 7,500 | |||
| Social security and other taxes | 2,781 | 3,982 | |||
| Other creditors | 6,475 | ||||
| Accruals and deferred income | 68,274 | 49,440 | |||
| 85,030 | 53,422 |
| 15. | CREDITORS: AMOUNTS FALLING DUE A | FTERM | ORE THAN ONE Y | EAR | |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Bank loans (see note 16) | 37,500 | ||||
| 16. | LOANS | ||||
| An analysis ofthe maturity ofloans is given below: | |||||
| 2021 | 2020 | ||||
| Amounts falling due within one year on demand: |
|||||
| Bank loans | 7500 | ||||
| Amounts falling between one and two years: |
|||||
| Bank loans - 1-2years | 9,000 | ||||
| Amounts falling due between two and five years: |
|||||
| Bank loans —2-5 years |
27,000 | ||||
| Amounts falling due in more than five years: |
|||||
| Repayable by instalments: | |||||
| Bank loans more 5 yr by instal | 1,500 | ||||
| 17. | LEASING AGREEMENTS | ||||
| Minimum lease payments under non-cancellable |
operating | leases fall due as follows: | |||
| 2021 | 2020 | ||||
| f, | |||||
| Within one year | 14,610 | ||||
| Between one and five years | 8,037 | ||||
| 22,647 | |||||
| 18. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| Ai 1.4.20 | in funds | 31.3.21 | |||
| Unrestricted funds |
|||||
| General fund | 53,453 | 56,840 | 110,293 | ||
| Restricted funds | |||||
| Inclusion Support | 3,304 | 3,304 | |||
| Hungry Little Minds | 5,000 | 5,000 | |||
| 8,304 | 8,304 | ||||
| TOTAL FUNDS | 53,453 | 65,144 | 118,597 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| f, | |||||
| Unrestricted | funds | ||||
| General | fund | 524,577 | (467,737) | 56,840 | |
| Restricted funds | |||||
| Inclusion | Support | 3,304 | 3,304 | ||
| EYPP | 779 | (779) | |||
| BBCChildren | in Need | 25,673 | (25,673) | ||
| Hungry | Little | Minds | 5,000 | 5,000 | |
| Play Scheme | 4,886 | (4,886) | |||
| Stay and | Play | 1,500 | ~(1,500 | ||
| 41,142 | (32,838) | 8,304 | |||
| TOTAL | FUNDS | 565,719 | ~500,575) | 65,144 |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.7.19 | in funds | 31.3.20 | |||
| Unrestricted | funds | ||||
| General fund | 53,453 | 53,453 | |||
| TOTAL FUNDS | 53,453 | 53,453 | |||
| Comparative | net movement | in funds, included | in the above are as follows: | ||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund | 473,606 | (420,153) | 53,453 | ||
| Restricted funds | |||||
| Inclusion Support |
8,513 | (8,513) | |||
| EYPP | 1,582 | (1,582) | |||
| BBCChildren | in Need | 21,831 | (21,831) | ||
| 31926 | ~31 926 | ||||
| TOTAL FUNDS | 505,532 | ~452,079) | 53,453 |
| Detailed Statement ofF for the Year Ended |
inancial Activities 31March 2021 |
|
|---|---|---|
| Period | ||
| 1.7.19 | ||
| Year Ended | to | |
| 31.3.21 | 31.3.20 | |
| INCOME AND ENDOWMENTS | ||
| Donations aad legacies |
||
| Donations | 500 | |
| Grants | 194,945 | 81,995 |
| Donated goods and assets | 8,000 | |
| Exceptional items |
145,249 | |
| 202,945 | 227,744 | |
| Other trading activities | ||
| Photograph sales |
439 | |
| Investment income |
||
| Deposit account interest | 539 | 311 |
| Charitable activities |
||
| Stepping Stones |
122,247 | 92,956 |
| Two Steps | 46,157 | 31,429 |
| Little Steppers | 93,341 | 70,179 |
| Tiny Steps | 99,605 | 81,129 |
| Contact Centre | 140 | 580 |
| Family Support | 1 | 90 |
| Milk sales | 91 | 575 |
| Sundry income | 68 | 100 |
| Little Wonders | 585 | |
| 362,235 | 277,038 | |
| Total incoming resources | 565,719 | 505,532 |
| EXPENDITURE | ||
| Charitable activities |
||
| Wages | 371,746 | 344,569 |
| Social security | 7,652 | 13,663 |
| Pensions | 5,344 | 3,990 |
| Food and other purchases | 2,302 | 6,118 |
| Childcare resources | 11,485 | 3,041 |
| Real project | 385 | |
| EYPP | 394 | |
| 398,529 | 372,160 | |
| Support costs | ||
| Management | ||
| Rent | 48,157 | 34,441 |
| Carried forward | 48,157 | 34,441 |
| for the Year Ende | d 31March 2021 | |||
|---|---|---|---|---|
| Period | ||||
| 1.7.19 | ||||
| Year Ended | to | |||
| 31.3.21 | 31.3.20 | |||
| f, | ||||
| Management | ||||
| Brought forward | 48,157 | 34,441 | ||
| Rates and water | 55 | |||
| Insurance | 4,996 | 1,125 | ||
| Light and heat | 3,851 | |||
| Telephone | 3,924 | 3,281 | ||
| Postage and | stationery | 1,653 | 1,821 | |
| Advertising | 616 | |||
| Sundries | 1,177 | 1,871 | ||
| Repairs and renewals | 3,497 | 5,355 | ||
| Other staff costs | 13,772 | 4,250 | ||
| Travel costs | 124 | 934 | ||
| Xmas and community | parties | 15 | 1,076 | |
| Cleaning and waste disposal | 6,454 | 6,050 | ||
| Computer costs |
5,466 | 1,577 | ||
| 93,141 | 62,397 | |||
| Finance | ||||
| Bank charges | 28 | |||
| Other | ||||
| Depreciation | ofequipment | 878 | ||
| Governance | costs | |||
| Independent | examiners | fee | 1,860 | 1,440 |
| Accountancy | fees | 5,389 | 1,447 | |
| Legal fees | 13,172 | |||
| Pensions advice | 750 | 1,463 | ||
| 7,999 | 17,522 | |||
| Total resources expended | 500,575 | 452,079 | ||
| Net income | 65,144 | 53,453 |