| Trustees Annual Report | |||
|---|---|---|---|
| Reference and Administration | Information | 1 | |
| Structure, Governance and Management |
2 | ||
| Objectives and Activities | 3 | ||
| Achievements and Performance |
4 | ||
| Financial Review | 5-7 | ||
| Statement ofCommittee Members |
and Trustees Responsibilities | 7 | |
| Report ofThe Independent Examiner |
|||
| Statement ofFinancial Activities | |||
| Charity Balance Sheet | 10 | ||
| Charity Cash Flow Statement | |||
| Notes to the Accounts | 12-17 |
| Total | Total | |||
|---|---|---|---|---|
| Note | 2022 | 2021 | ||
| 8 | 8 | |||
| Incoming resources | ||||
| Donations | 2,312 | |||
| Grants for services | 442,511 | 454,179 | ||
| Fundraising activities |
8,652 | 2,009 | ||
| Charitable activities - parents fees |
103,107 | 82,640 | ||
| Other income | 27,546 | 14,427 | ||
| Interest received | 357 | 110 | ||
| Total incoming resources | 582,173 | 555,677 | ||
| Resources expended | ||||
| Wages ht staff costs | 529,851 | 480,142 | ||
| Costs offundraising | 1,805 | |||
| Direct charitable expenditure |
45,559 | 37,457 | ||
| Administrative expenses |
19,846 | 20,315 | ||
| Depreciation | 4,399 | 5,184 | ||
| Total resources expended | 601,460 | 543,098 | ||
| Net (outgoing)/incoming | resources for the year | (19,287) | 12,579 | |
| Total funds brought forward | 345,3$8 | 332,$09 | ||
| Total funds carried forward | 326,101 | 345,388 | ||
| Allfunds are unrestricted |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Cash flows from operating activities |
||||
| Net movement in funds |
(19,287) | 12,579 | ||
| Add back depreciation charge |
4,399 | 5,184 | ||
| Deduct interest income shown below in | investing | activites | (357) | (110) |
| Decrease/(increase) in debtors |
(416) | (1,500) | ||
| Increase/(decrease) in creditors |
2,218 | (724) | ||
| Net cash used in operating activities |
~433,443 | 15429 | ||
| Cash flows from investing activities |
||||
| Interest income | 357 | 110 | ||
| Disposal/(addition) oftangible fixed assets |
||||
| Disposal/(addition) ofinvestment assets |
||||
| Cash provided by (used in) investing |
activities | 357 | 110 | |
| (Decrease)/ increase in cash and cash equivalents | in the year | (13,086) | 15,539 | |
| Cash and cash equivalents at the beginning ofthe |
year | 336,485 | 320,946 | |
| Total cash and cash equivalents at the end ofthe year |
323,399 | 336,485 |
| Analysis ofresources expended | ||
|---|---|---|
| 2022 | 2021 | |
| a)Employees | ||
| Wages &PAYE (note 6.1) | 516,452 | 476,335 |
| Trallllllg | 9,987 | 2,124 |
| DBSchecks | 370 | 432 |
| Staffwelfare | 3,042 | 1,251 |
| 529,851 | 480,142 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| b) Direct charitable | expenditure | |||
| Rent &rates | 18,337 | 18,527 | ||
| Premises &insurance | 1,883 | 749 | ||
| Consumables | / toys | etc | 12,748 | 16,615 |
| Licenses | ||||
| Repairs to premises | / equipment | 12,591 | 1,566 | |
| 45,559 | 37,457 | |||
| c) Administrative expenses |
||||
| Telephone | 1,242 | 1,405 | ||
| Print, postage | &stationery | 1,211 | 1,629 | |
| Subscriptions | 3,717 | 3,147 | ||
| Computer costs | 2,989 | 3,025 | ||
| Accountancy | (note | 5.2) | 5,644 | 5,435 |
| Advertising | 570 | 73 | ||
| Cleaning | 3,749 | 4,071 | ||
| Bank charges | 820 | 820 | ||
| Sundry | 96 | 710 | ||
| 19,846 | 20,315 |
| 6.1 | Staff costs | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||||
| Gross wages, salaries and | benefits | in kind | 481,550 | 447,457 | |||||||
| Employer national insurance | costs | 27,775 | 22,572 | ||||||||
| Pension Contributions | 7 127 | 6,306 | |||||||||
| 516,452 | 476,335 | ||||||||||
| No employee earned more than f60,000per annum |
in | 2020-21 and in 2019-20. | |||||||||
| 6.2 | Average number offull-time | equivalent | employees | in the year | |||||||
| 2022 | 2021 | ||||||||||
| Management | 4.0 | 4.0 | |||||||||
| Operational | 20.0 | 22.0 | |||||||||
| Administrative | 2.0 | 2.0 | |||||||||
| Total | 26.0 | 28.0 | |||||||||
| 6.3 | Pensions and other post-retirement | benefits | |||||||||
| The charity operates adefined | contribution | pension | plan for its employees. | The amount | recognised as | ||||||
| an expense in the period wss | 57,127(2021;66,306). | ||||||||||
| 7 | Tangible fixed assets | ||||||||||
| 7.1 | Cost or valuation | ||||||||||
| Fixtures, | |||||||||||
| fittings and | Total | ||||||||||
| equipment | |||||||||||
| 8 | |||||||||||
| Balance brought | forward at 1 August | 2021 | 26,853 | 26,853 | |||||||
| Additions | |||||||||||
| Disposals | |||||||||||
| Balance carried | forward | at | 31July | 2022 | 26,853 | 26,853 | |||||
| 7.2 | Accumulated depreciation and impairment |
provisions | |||||||||
| Balance brought | forward | 1 August | 2021 | 15,700 | 15,700 | ||||||
| Depreciation charge |
in year | 4,399 | 4,399 | ||||||||
| Eliminated on disposal |
|||||||||||
| Balance carried | forward | at | 31July | 2022 | 20,099 | 20,099 | |||||
| 7.3 | Net book value | ||||||||||
| Brought forward | 1 August | 2021 | 11,153 | 11,153 | |||||||
| Carried forward | at | 31July | 2022 | 6,754 | 6,754 |
| 0 | Debtors | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Prepayments | 3,1145 | 3,429 | ||
| 3,845 | 3 433 | |||
| 9 | Creditors | |||
| 2022 | 2021 | |||
| Accrual s and deferred | income | 4,347 | 4,420 | |
| Trade Creditors | 1,916 | |||
| PAYE and NIC creditor | ||||
| Pension contributions | unpaid | 1,634 | 1,259 | |
| 3 7 |
5,679 |