```
REGISTERED CHARITY NUMBER: 1180187
```
```
Report of the Trustees and
```
```
Unaudited Financial Statements
```
```
for the Year Ended 31 March 2021
```
## **`for`**
```
Snitterfield Nursery School
```
```
Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford Upon Avon
Warwickshire
CV37 9NP
```
```
Snitterfield Nursery School
```
```
Contents of the Financial Statements
for the year ended 31 March 2021
```
||**`Page`**|
|---|---|
|**`Report of the Trustees`**|`1 to 5`|
|**`Independent Examiner's Report`**|`6`|
|**`Statement of Financial Activities`**|`7`|
|**`Statement of Financial Position`**|`8`|
|**`Notes to the Financial Statements`**|`9 to 11`|
|**`Detailed Statement of Financial Activities`**|`12`|
```
Snitterfield Nursery School
```
## **`Report of the Trustees for the year ended 31 March 2021`**
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31March2021.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewith the
FinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1 January
2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
TheobjectsoftheCIOaretoenhancethedevelopmentandeducationofchildrenprimarilyunder statutory
school age by:-
```
```
a) Engaging in appropriate activities or providing facilities or equipment;
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```
b) Encouraging parents and carers to become involved in the development of their children;
```
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c) promoting public interest in the recognition of the needs of children and their families.
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```
Page 1
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```
Snitterfield Nursery School
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## **`Report of the Trustees for the year ended 31 March 2021`**
## **`OBJECTIVES AND ACTIVITIES`**
## **`Significant activities`**
```
TheCIOoperatesanurseryschoolintheWarwickshirevillageofSnitterfieldinabuildingwithinthe grounds
ofSnitterfieldPrimarySchoolleasedfromWarwickchireCountyCouncil.ThiswastheCIO'sfirstyear of
operatingthenurseryschoolfollowingthetransferoftheoperationsandassetsofSnitterfieldNursery School
Ltd (a 'not-for-profit' company with registered company number 07672389) to the CIO on 2 April 2020.
```
```
Thenurseryschoolhasbeenoperatingasitscurrentsitesince1994andhasanexcellent reputation,
attractingchildrenfromwithinthevillageandthesurroundingareas.Ittakeschildrenfromtheir second
birthdayuntiltheystartschoolandisopenduringschoolhoursinterm-timeonly.Duetocloselinkswith the
SnitterfieldPrimarySchool,thenurseryschoolhasbeenthefavouredoptionforchildrenwhoplanto attend
there. The setting is currently registered to take a maximum of 28 children.
```
```
ThesafetyandwellbeingofthechildrenisattheforefrontofeverythingatSnitterfieldNurserySchool and
staffandtrusteesarecontinuallyassessingtheprovisiontoconsiderhowthesettingcanbeimproved to
meettheneedsofthechildren.Theaimistoprovidethehigheststandardsofcarewiththeopportunity for
childrentoexpandtheirexperiencesandgainconfidencebeforetheirtransitiontoschool.Thisisdone within
ahappyandsafeenvironment,wherechildrenlearnthroughfunandplay.Thenurseryfollowsthe Early
YearsFoundationStagesframework,whichsetsoutacurriculumthatensuresthatchildrencanachieve their
potential whilst recognising their individual needs.
```
```
Themajorityofchildrenattendinguseonlytheirgovernmententitlementtofreechildcare,although some
payprivatelyorfundadditionalsessions.Approximately20to25%ofnurseryincomeisgenerated by
privatelypaidfees.Thetrusteesaimtokeepfeesforprivatelypayingchildrenandanytop-upcharges for
publiclyfundedchildrenasmodestaspossibleinanefforttomakethenurseryaffordabletoall. Top-up
chargesaredeliberatelylimitedtomorningsessions,whenactivitycoststendtobehigherandasnack is
offered,sothatthosewhocannotaffordtopayatop-upchargecanusetheirfreeentitlementtochildcare in
the afternoons without any additional charge.
```
```
Thenurseryschoolisincrediblyfortunatetohaveateamofhighlyqualifiedandexperiencedstaff,some of
whomhavebeenpartofthenurseryforover10years.Itcurrentlyhassevenpermanentpart-time members
ofstaff:themanagerwhoholdsaBAHonsinearlychildhoodstudies,afurtherfivemembersofstaff holding
children'scare,learninganddevelopmentqualificationsandanadministrativeassistant.Ongoingtraining is
provided for all staff.
```
## `OFSTED`
```
ThetransitiontoaCIOstructurerequiredanewOFSTEDregistration.Thenurseryschoolwaslast inspected
byOFSTEDinJanuary2017,whenitoperatedunderitspreviousregistrationnumberasalimited company,
andobtainedaratingof'Good'.Nochangesweremadetotheday-to-dayrunningormanagementof the
nursery upon its transfer to the CIO.
```
## `COVID-19`
```
Thenurseryschoolclosedon20March2020astheUKbegananationallockdownduetothe COVID-19
pandemic.Althoughnoprivatelypaidfeeswerechargedtoparentsduringtheclosure,Warwickshire County
Councilcontinuedtofundchildrenontheregisteralreadyinreceiptoffundingforfreeearlyyears childcare.
TheCIOwasalsoabletoobtainsomelimitedsupportinmeetingstaffwagesthroughthe Government's
Coronavirus Job Retention Scheme.
```
```
Page 2
```
```
Snitterfield Nursery School
```
## **`Report of the Trustees for the year ended 31 March 2021`**
## **`OBJECTIVES AND ACTIVITIES`**
```
Duringthenurseryschool'sclosure,theteammaintainedcontactwithallfamiliesandwereableto provide
activitiesandresourcesforfamilieswhereneeded.BeforereopeninginJune,thenurseryschoolcompleted a
fullriskassessmentandformulatedareopeningplan,whichwassharedwithstaffandparents.This plan
necessitatedsignificantreorganisationofstaffing,resourcesandtoysandafundamentalreorganisation of
thelayoutofnursery.Havingalargenurserybuildingwithtwoseparateentrancesandtwoseparate gardens
enabledthesplittingofchildrenintotwoseparate'pods'ofchildrenandstaff.Outsideactivities were
encouragedwhereverpossible.Thesechangesalsoinvolvedinvestingsignificantfundsonnewequipment to
enablethespacesforthetwoseparate'pods'tooperateindependentlyandtoensurenewcleaning routines
could be carried out effectively.
```
```
Thenurseryschoolwaswellplacedtohandlethesechangesduetotheexperience,flexibility and
professionalismofthenurseryteam.Thetrusteesaregratefultoallstaff,whohavecontinued working
during such worrying and uncertain times.
```
```
Aswasthecaseformostchildcaresettings,somefamilieschosenottoreturntheirchildrentonursery school
inthesummertermduetocontinuedconcernsovertheCOVID-19risk.BySeptember2020,child numbers
hadreturnedtonormallevels.InJanuary2021,theUKenteredasecondlockdownalthough childcare
settingswereallowedtoremainopen.Again,somefamilieschosetokeeptheirchildrenathome. The
number of children attending nursery returned to normal levels by the end of March 2021.
```
## **`Public benefit`**
```
Indeterminingobjectivesfortheyearandplanningactivities,thetrusteeshavehadregardtothe guidance
issued by the Charity Commission on public benefit.
```
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
ThesettinghashelpedchildrentomeettheirtargetedoutcomeswithintheEarlyYearsFoundation Stage
frameworkandpreparedthemforstartingschool.Whererequired,thenurseryschoolteamhasworked with
outside agencies to provide support to children with additional needs and their families.
```
```
TheTrusteesarepleasedwiththeperformanceofthenurseryschoolthisyearthroughthe unprecedented
challengesofthecoronaviruspandemic.Thenurseryschoolstaffhavecontinuedtoprovide excellent
childcare to the families we support throughout, as set out above.
```
```
Atthetimeofwriting,theTrusteeshavemadesignificantprogresstowardssecuringanewpremisesfor the
nurseryschool.Anewpremisesisessentialasthecurrentbuildingisnearing50yearsoldandwas only
intendedasatemporarystructure.TheCIOisresponsibleforitsmaintenance,costsofwhicharehigh, and
itsfuturelifespanisuncertain.TheTrusteeshavebeenengagedindetaileddiscussionswith Snitterfield
ParishCouncilandSnitterfieldCricketClubtoagreearrangementsandfundingforanewshared-use building
tobeerectedonthesiteoftheexistingcricketpaviliononSnitterfieldPlayingFields.Architect's drawings
have been drawn up and the planning application is in the process of being drafted.
```
## **`Fundraising activities`**
```
AsaresultoftheCOVID-19pandemic,opportunitiesforthetypesoffundraisingeventsusuallyheld were
limited.AChristmasrafflewasheldandanegg-decoratingactivitywassoldatEaster.TheCIOcontinues to
receivesupportfromparentsthrough'easyfundraising'andan'AmazonSmile'accounthasnowbeenset up
in addition.
```
```
Page 3
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```
Snitterfield Nursery School
```
## **`Report of the Trustees`**
## **`for the year ended 31 March 2021`**
## **`FINANCIAL REVIEW`**
## **`Financial position`**
```
TheCIOmadeasurplusof£86,511intheyearending31March2021.Thiscomparestoabefore tax
[surplus/profit]of£22,092fortheyearending31March2020whenoperatingasanot-for-profit company.
Totalfundscarriedforwardat31March2021are£86,511,comparedto£68,517forthe not-for-profit
companyasat31March2020.Thesurplusof£86,511includesacontributionreceivedfromthe previous
not-for-profit company (Snitterfeld Nursery School Limited) upon its cessation.
```
```
TheTrusteesaresatisfiedwiththefinancialstatusoftheCIOandconsiderthatadequateresources continue
tobeavailabletofundtheactivitiesoftheorganisationfortheforeseeablefuture.Thetrusteesare therefore
of the view that the charity is a going concern.
```
## **`Reserves policy`**
```
TheCIOaimstoholdreservestocoverthefollowing:reservesinthecurrentaccounttocover day-to-day
runningcosts;ii)reservesequaltooneterm'stotalexpenditureexcludingdepreciation;iii)reservesto cover
thecostsofunexpectedurgentmaintenancetothenurserybuilding;iv)reservestomeet redundancy
paymentsofalleligiblestaffintheeventofthenursery'sclosure;andv)reservestoenablethe nursery
schooltocontributetowardsthecostsofanewpremises(withtheremainingfundsrequiredanticipated to
be raised through grants).
```
```
TheCIOheldunrestrictedreservesof£86,511asat31March2021.TheTrusteesaresatisfiedthatthis level
ofreservesissufficienttosafeguardtheCIO'sabilitytocarryoutitsactivitiesandtomeetitsliabilitiesin the
eventthatthenurseryschoolshouldhavetoclose.Anyfundsheldoverandaboveitemsi)toiv) are
intended to be applied towards the costs of a new premises for the nursery school
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
The charity is a CIO and is controlled by its governing document, its CIO constitution (foundation model).
```
## **`Charity constitution`**
```
CIO - Constitution (foundation model)
```
## **`Recruitment and appointment of new trustees`**
```
The CIO's constitution provides the following:
```
```
(1)Apartfromthefirstcharitytrustees,everytrusteemustbeappointedforatermof3yearsby a
resolution passed at a properly convened meeting of the charity trustees.
```
```
(2)Inselectingindividualsforappointmentascharitytrustees,thecharitytrusteesmusthaveregardto the
skills, knowledge and experience needed for the effective administration of the CIO.
```
## **`Organisational structure`**
```
TheCIOisrunbyavoluntaryboardoftrustees,currentlyallofwhomareparentsofchildrenwho are
attendingorwhohaveattendedthenurseryschool.Theboardoftrusteesisresponsibleforensuringthat the
CIOisruninaccordancewiththeprovisionsofitsconstitutionandthatallapplicablelegal,accounting and
reportingrequirementsareadheredto,aswellasrulesspecifictothechildcaresectorsuchas safeguarding
andconfidentialityrequirements.[TheBoardofTrusteeskeepstheskillrequirementsfortheTrustee Board
under review. Ongoing training is provided to all trustees.
```
```
Thenurseryschoolmanagerisresponsiblefortheday-to-dayrunningofthesettingandissupportedby the
trusteeswhererequired.TheCIOhasacomprehensivesetofinternalpoliciesandprocedures,which are
followed by all staff and trustees.
```
```
Page 4
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Snitterfield Nursery School
```
## **`Report of the Trustees`**
## **`for the year ended 31 March 2021`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Induction and training of new trustees`**
```
Priortoaresolutionfortheappointmentofanewtrustee,theprospectivetrusteeisrequiredtocomplete an
applicationform,confirmthattheyareeligibletobeatrusteeandprovideID,proofofaddress, two
references and a clear Enhanced DBS check.
```
```
TheCIOhasaninductionprogramfornewtrusteeswhichincludes:providingthemwithfullinformation in
relationtotheirroleandresponsibilities(currentlyintheformofWarwickshireCountyCouncil's introduction
booklet,VoluntaryManagedChildcareProvision);providingthemwithcopiesofthemostrecent accounts,
trusteereportandfinancialforecasts;requiringthemtofamiliarisethemselveswiththeCIOconstitution and
the nursery's policies and procedures; and introducing them to the nursery staff.
```
## **`Risk management`**
```
TheTrusteeshaveassessedthemajorriskstowhichtheCIOisexposedandaresatisfiedthatsystemsare in
place to mitigate exposure to the major risks.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`**
```
1180187
```
## **`Principal address`**
```
Snitterfield Nursery School
School Road
Snitterfield
Warwickshire
CV37 0JL
```
## **`Trustees`**
```
Mrs C Astor (resigned 17.2.2021)
Mrs E P Mackay
Mrs L E Doherty
Mrs M Conroy (appointed 17.2.2021)
```
## **`Independent Examiner`**
```
Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford Upon Avon
Warwickshire
CV37 9NP
```
```
Approved by order of the board of trustees on 18 February 2022 and signed on its behalf by:
```
```
Mrs E P Mackay - Trustee
```
```
Page 5
```
## **`Independent Examiner's Report to the Trustees of Snitterfield Nursery School`**
## **`Independent examiner's report to the trustees of Snitterfield Nursery School`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofSnitterfieldNurserySchool(theCIO) for
the year ended 31 March 2021.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheCIOyouareresponsibleforthepreparationoftheaccountsinaccordance with
the requirements of the Charities Act 2011 ('the Act').
```
```
IreportinrespectofmyexaminationoftheCIO'saccountscarriedoutundersection145oftheActand in
carryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharityCommission under
section 145(5)(b) of the Act.
```
## **`Independent examiner's statement`**
```
I have completed my examination. I confirm that no material matters have come to my attention 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 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`
`3. an independent examination.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
```
```
David Murphy
FCCA
Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford Upon Avon
Warwickshire
CV37 9NP
```
```
18 February 2022
```
```
Page 6
```
## **`Snitterfield Nursery School`**
## **`Statement of Financial Activities for the year ended 31 March 2021`**
|`year ended`
`31.3.21`
`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`71,524`
**`Charitable activities`**
`Nursery Income`
`87,852`
**`Total`**
`159,376`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Nursery Expenditure`
`72,865`
**`NET INCOME`**
`86,511`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`-`
**`TOTAL FUNDS CARRIED FORWARD`**
`86,511`
**`CONTINUING OPERATIONS`**|`period`
`5.10.18`
`to`
`31.3.20`
`Total`
`funds`
`£`
`-`
`-`|
|---|---|
||`-`
`-`|
||`-`
`-`|
||`-`|
|||
```
All income and expenditure has arisen from continuing activities.
```
```
The notes form part of these financial statements
```
```
Page 7
```
## **`Snitterfield Nursery School`**
## **`Statement of Financial Position 31 March 2021`**
|`2021`
`Unrestricted`
`fund`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`3`
`1,635`
**`CURRENT ASSETS`**
`Debtors`
`4`
`583`
`Cash at bank`
`88,298`
`88,881`
**`CREDITORS`**
`Amounts falling due within one year`
`5`
`(4,005)`
**`NET CURRENT ASSETS`**
`84,876`
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
`86,511`
**`NET ASSETS`**
`86,511`
**`FUNDS`**
`6`
`Unrestricted funds`
`86,511`
**`TOTAL FUNDS`**
`86,511`|`2020`
`Total`
`funds`
`£`
`-`
`-`
`-`|
|---|---|
||`-`
`-`|
||`-`|
||`-`|
||`-`|
||`-`|
||`-`|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
18 February 2022 and were signed on its behalf by:
```
```
Mrs E P Mackay - Trustee
```
```
The notes form part of these financial statements
```
```
Page 8
```
```
Snitterfield Nursery School
```
```
Notes to the Financial Statements
for the year ended 31 March 2021
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102) (effective
1January2019)',FinancialReportingStandard102'TheFinancialReportingStandardapplicablein the
UKandRepublicofIreland'andtheCharitiesAct2011.Thefinancialstatementshavebeen prepared
under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the
funds, it is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
```
```
Fixtures and fittings- 33% on reducing balance
Computer equipment- 33% on reducing balance
```
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
## **`Hire purchase and leasing commitments`**
```
RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitiesona straight
line basis over the period of the lease.
```
## **`Pension costs and other post-retirement benefits`**
```
Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charity's
pensionschemearechargedtotheStatementofFinancialActivitiesintheperiodtowhich they
relate.
```
```
continued...
```
```
Page 9
```
```
Snitterfield Nursery School
```
## **`Notes to the Financial Statements - continued for the year ended 31 March 2021`**
## **`2. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2021norfor the
period ended 31 March 2020.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31March2021norfortheperiod ended
31 March 2020.
```
## **`3. TANGIBLE FIXED ASSETS`**
|**`3.`**|**`TANGIBLE FIXED ASSETS`**|**`TANGIBLE FIXED ASSETS`**|||
|---|---|---|---|---|
||`Fixtures`||||
|||`and`|`Computer`||
||`fittings`||`equipment`|`Totals`|
|||`£`|`£`|`£`|
||**`COST`**||||
||`Additions`|`1,200`|`892`|`2,092`|
||**`DEPRECIATION`**||||
||`Charge for year`|`291`|`166`|`457`|
||**`NET BOOK VALUE`**||||
||`At 31 March 2021`|`909`|`726`|`1,635`|
||`At 31 March 2020`|`-`|`-`|`-`|
|**`4.`**|**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||||
||||`2021`|`2020`|
||||`£`|`£`|
||`Prepayments`||`583`|`-`|
|**`5.`**|**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||||
||||`2021`|`2020`|
||||`£`|`£`|
||`Other creditors`||`4,005`|`-`|
|**`6.`**|**`MOVEMENT IN FUNDS`**||||
||||`Net`||
||||`movement`|`At`|
||`At`|`1.4.20`|`in funds`|`31.3.21`|
|||`£`|`£`|`£`|
||**`Unrestricted funds`**||||
||`General fund`|`-`|`86,511`|`86,511`|
||**`TOTAL FUNDS`**|`-`|`86,511`|`86,511`|
```
continued...
```
```
Page 10
```
```
Snitterfield Nursery School
```
## **`Notes to the Financial Statements - continued for the year ended 31 March 2021`**
## **`6. MOVEMENT IN FUNDS - continued`**
```
Net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`159,376`
`159,376`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(72,865)`
`86,511`
`(72,865)`
`86,511`|
|---|---|---|
## **`7. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 March 2021.
```
```
Page 11
```
## **`Snitterfield Nursery School`**
## **`Detailed Statement of Financial Activities for the year ended 31 March 2021`**
|**`Detailed Statement of Financial Activities`**
**`for the year ended 31 March 2021`**||||
|---|---|---|---|
|||`period`||
|||`5.10.18`||
||`year ended`|`to`||
||`31.3.21`|`31.3.20`||
||`£`|`£`||
|**`INCOME AND ENDOWMENTS`**||||
|**`Donations and legacies`**||||
|`Gifts`|`1`||`-`|
|`Donations`|`71,523`||`-`|
||`71,524`||`-`|
|**`Charitable activities`**||||
|`Fees`|`84,884`||`-`|
|`JRS Grants`|`2,968`||`-`|
||`87,852`||`-`|
|**`Total incoming resources`**|`159,376`||`-`|
|**`EXPENDITURE`**||||
|**`Charitable activities`**||||
|`Wages`|`52,589`||`-`|
|`Pensions`|`529`||`-`|
|`Rent`|`7,002`||`-`|
|`Insurance`|`1,793`||`-`|
|`Light and heat`|`628`||`-`|
|`Sundries`|`131`||`-`|
|`Staff training`|`641`||`-`|
|`Computer costs`|`355`||`-`|
|`Cleaning`|`386`||`-`|
|`Post and stationary`|`267`||`-`|
|`Telephone`|`732`||`-`|
|`Legal`|`1,023`||`-`|
|`Accountancy`|`1,880`||`-`|
|`Purchases`|`4,452`||`-`|
|`Plant and machinery`|`166`||`-`|
|`Fixtures and fittings`|`291`||`-`|
||`72,865`||`-`|
|`Total resources expended`|`72,865`||`-`|
|**`Net income`**|`86,511`||`-`|
```
This page does not form part of the statutory financial statements
```
```
Page 12
```