2022-08-31-accounts - Leasowes Extra

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Names and addresses	ofadvisers (Optional	information)
T ofadviser	Name	Address
Independent	Lorraine Banks	4 Tyria Way,	Stafford.	ST174YB.
Examiner/Auditor
Name ofchief executive	or names ofsenior	staff members	(Optional	information)

~	policy progr investment;	policy progr investment;	amme related
~	contribution		made by
	volunteers.
	~	~
				~ ~ ~
Summary ofthe main achievement ofthe charity during the year				We were able to offer 380 nursery sessions to families during the course ofthis year with a maximum capacity of40 children each morning and 32 children in each afternoon session. We had 52 children in total on roll by the end ofthe year.
				We were also able to offer 190before school sessions with 91 places available in each session and 190after school sessions with a maximum of99places available in each ofthese sessions. Across the course ofthe year we were able to provide wrap around childcare to approximately 200 families.
				This shows a steady increase in the maximum capacity when compared with last year's numbers.	for each session
				Predicted profit margins were achieved and we remained viable
				throughout the year, never going below our FGQ,QOO.OO at any point, even after all ofthe above work, donations have been considered.	contingency fund and resources

Briefstatement ofthe charity's policy on reserves	The charities 'Scheme of Delegation of Financial Powers' states that financially, we are adequately stable when we have reserves ofmore
	than f60,000.These reserves would enable the charity to fully operate for a further 4 months should profits fall or if no income was received for
	any reason during this period. Throughout the period 1"September 2021 to31"August 2022 our
	reserves remained above 660,000at all times. The charity had a reserve ofF192,849.53as of31"August 2022.
Details ofany funds materially
in deficit
Further financial review details	(Optional information)
You may choose to include additional information, where relevant about:	The charities principal source ofincome is from funding and fees received from the local authority and parents for childcare and learnin.
the charity's principal sources offunds (including any fundraising); how expenditure has	The money invested into facility improvements for the se5ing and school supports public benefit as these improvements will be available to the users we serve, the whole school community and the wider community beyond that.
supported the key objectives ofthe charity;	Expenditure is kept to a minimum to ensure optimum profit.
~ investment policy and
objectives including any
ethical investment policy
adopted.
	0 - o ~ ~ ~ e ~

		Leasowes Extra	Leasowes Extra	Leasowes Extra	Leasowes Extra				Charity	Charity
									ifan	)	1181902
						Annual	accounts	for the	eriod				CC~7a
		Period		start	date	01-Se -21			Period end date:		31-Au -22
a
~
								Restricted
Recommended			Details		ofown	I Unrestricted		income	Endowment		Total this		Total last
categories by activity				analysis		z	funds	funds	funds		year		year
Incoming resources (Note			3				F01	F02		F03	F04		F05
Incoming resources from
generated funds
Voluntary income						S01
Activities for generabng funds						S02	329,329				329,329		228,717
Investment income						S03
Incoming resources from
charitable activities						S04
Other incoming resources						S05
Totalincoming resources						soe	329,329				329,329		228,717
Resources expended	(Notes			4-8
Costs ofGenerating Funds
Costs ofgenerating voluntary income						sou	201,242				201,242		161,252
Fundraising trading costs						S08	33,056				33,056		87,077
Investment management costs
Charitable activities						S10
Governance costs						S11	3,270				3,270		3,436
Other resources expended						S12
Total resources expended						s13	237,567				237,567		251,765
Netincomingl(outgoing		resources before
					transfers	S14	91,761				91,?61	-	23,048
Gross transfers between funds						S15
Net incomingl(outgoing)		resources before
other recognised				gains/(losses)		s18	91,761				91,761	-	23,048
Other recognised gains/(losses)
Gains and losses on revaluation			offixed assets
for the charity's own use						S17
Gains and losses on investment			assets			S18
Net movementin					funds	stg	91,761				91,761	-	23,048
Total funds brought forward						s2o	263,978				263,978		287,026
Total funds carried					forward	s21	355,739				355739		263,978

~ s
				es	e
			Unrestricted	Income		Endowment	Total this	Total last
		O	funds E	funds		funds	year		yearf
Fixed assets			F01	F02		F03	F04		F05
Tangible assets	(Note 9)	B01
		B02
Investments	(Note 10)	B03
	Total fixed assets	B04
Current assets
Stock and work in	progress	B05
Debtors	(Note 11)	B08							1,171
(Short term) investments		B07
Cash at bank and	in hand	B08							124,135
	Total current assets	B09							12,306
Creditors: amounts falling due within
one year (Note 12)		B10							3,887
Net current assetsl(liabilities)		B«							121,419
Total assets	less current liabilities	B12
Creditors: amounts falling due after
one year	(Note 12)	B13
Provisions for liabilities and charges		B14
	Net assets	B15							121,419
Funds ofthe Charity
Unrestricted funds		B18	192,850				192,850		121,419
		B17
Restricted income	funds (Note 13)	B18
Endowment funds	(Note 13)	B19
	Total funds	B20							121,419
Signed by one or two the trustees	trustees on behalf of all		Signature			Print	Name	Date of a roval

Note 2			Accounting policies	Accounting policies
This standard list ofaccounting policies has been applied by the charity except forthose					deleted.	Where a different or
additional policy has		been	adopted then thisis detailed in the box below.
INCOMING RESOURCES
Recognition	ofincoming			These are included in the Statement of Financial Activities (SoFA) when:
resources				~ the charity becomes entitled to the resources;
				~ the trustees are virtually certain they will receive the resources; and
				~ the monetary value can be measured with sufficient reliability.
Incoming resources with				Where incoming resources have related expenditure (as with fundraising		or contract income)
related expenditure				the incoming resources and related expenditure are reported gross in the		SoFA.
Grants and	donations			Grants and donations are only included in the SoFA when the charity has		unconditional
				entitlement to the resources.
Tax reclaims	on donations			Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts				which they relate.
Contractual	income and			This is only included in the SoFA once the related goods or services have		been delivered.
performance	related	grants
Gifts in kind				Gifts in kind are accounted for at a reasonable estimate oftheir	value to the charity orthe
				amount actually realised.
				Gifts in kind for sale or distribution are included in the accounts	as gifts only when sold		or
				distributed by the charity.
				Gifts in kind for use by the charity are included in the SoFA as incoming resources when
				receivable.
Donated services and				These are only included in incoming resources (with an equivalent amount		in resources
facilities				expended) where the benefit to the charity is reasonably quantifiable, measurable and
				material. The value placed on these resources is the estimated	value to the charity of		the
				service or facility received.
Volunteer help				The value of any voluntary help received is not included in the accounts but is described trustees' annual report.				in the
Investment income				This is included in the accounts when receivable.
Investment gains and		losses		This includes any gain or loss on the sale of investments and any gain or		loss resulting	from
				revaluing investments to market value at the end ofthe year.
EXPENDITURE		AND	LIABILITIES
Liability recognition				Liabilities are recognised as soon as there is a legal or constructive obligation committing				the
				charity to pay out resources.
Governance	costs			Include costs ofthe preparation and examination ofstatutory accounts, the costs oftrustee
				meetings and cost of any legal advice to trustees on governance	or constitutional matters.
Grants with	performance			Where the charity gives a grant with conditions for its payment	being a specific level ofservice
conditions				or output to be provided, such grants are only recognised in the	SoFA once the recipient ofthe
				grant has provided the specified service or output.
Grants payable without				These are only recognised in the accounts when a commitment	has been	made and there		are
performance	conditions			no conditions to be met relating to the grant which remain in the	control ofthe charity.
Support Costs				Support costs include central functions and have been allocated	to activity	cost categories		on a
				basis consistent with the use ofresources, eg allocating property	costs by	floor areas, or per
				capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets		for use		These are capitalised ifthey can be used for more than one year, and cost at least F500.				They
by charity				are valued at cost ora reasonable value on receipt.
Investments				Investments quoted on a recognised stock exchange are valued	at market	value at the	year
				end. Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress				These are valued at the lower ofcost or market value.
POLICIES ADOPTED
ADDITIONAL		TO OR
DIFFERENT FROM		THOSE
		ABOVE

Incoming	resources may	be fu	rther a	naly	sed ift	his w	ould help the r	eader ofthe a	ccounts.
									This year	Last year
						Anal sis
Voluntary	income
								Total
Activities	for generating	funds	Childcare		Income				328,245	215,865
			Furiou	h	Fundin					10,559
			SCC Refund of Contin				enc		313	1,493
			SCC Covid-19 Im			act Grant			771	800
								Total	329,329	228,717
Investment	income		Bank	Interest Received
								Total
Incoming	resources from
charitable	activities

Resources		expended	may be fur	ther a	nalysed	ifthis would help th	e reade	r ofthe	accounts.
									This year	Last year
						Anal sis			R	R
Costs ofgenerating			Salaries	and Pension					175,349	138,577
voluntary	income		Trainin						573	399
			Rent						24,000	22,000
			Advertisin						1,320	276
								Total	201,242	161,252
Fundraising		trading	General	Runnin	Costs				10,290	8,322
costs			Refurbishment		Costs					19005
			Donations						22,766	59,750
								Total	33,056	87,077
Investment
management		costs
								Total
Charitable	activities
								Total
Governance		costs	Licences	Professional		Fees and Governance	Costs		3270	3436
								Total	3270

				Fundraising	activity	Charitable	Activity	Governance	Activity	Total Cost
Su	ort	cost	e	R						R
			Total

	This	year	Last year
None			None

services pr appropriate	ovided byyo box(es).	urindepe	ndent exami	ner orau	ditor. Ifnoth	ing was paid p	lease en	ter NONE in
						This year		Last year
								R
Independent	examiner's	orauditors' fees for		reporting	on the
accounts							250	250
Other fees	(forexample:	advice,	consultancy,	accountancy
services) paid tothe independent			examiner orauditor				1550	1670

			Freehold	land	Other land	&	Plant,		Fixtures,	Payments	on
			&buildings		buildings		machinery	and	fittings and	account	and
							motor vehicles		equipment	assets under
										construction
Balance brought
forward
Additions
Revaluations
Disposals
Transfers *
Balance carried
forward
9.2Accumulated		depreciation		and	impairment	provisions
	**Basis		SLor	RB	SLor RB		SLor RB		SLor RB	SLor RB
Balance brought
fonNard
Depreciation	charge
for year
Impairment	provisions
Revaluations
Disposals
Transfers
Balance carried
forward
9.3Net book value
Brought forward
Carried forward

Carrying (market) value at beginning ofyear
Add: additions to investments at cost
Less: disposals at carrying value
Add/(deduct): net gain/(loss) on revaluation
Carrying (market) value at end ofyear

10.3 A breakdown ofthe income	10.3 A breakdown ofthe income	fro	m	investments	agreeing with SOFA r	ow S03.
Analysis ofinvestments						10.2	10.3
						Market value at	Income from
						year end	investments	for
							the year
Investment	properties
Investments	listed on a recognised	stock		exchange or held in common
investment	funds, open ended investment			companies,	unit trusts or other
collective investment schemes
Investments	in subsidiary or connected		undertakings		and companies
Securities	not listed on a recognised	Stock Exchange
Cash held	as part ofthe investment	portfolio
Other investments

Please complete this note if	Please complete this note if	the charity has any	debtors	or re	nts.
Analysis ofdebtors				Amounts within	faHing due one year	Amounts more	falling due after than one year
				This year		This year		Last year
				E		R
Trade debtors
Amounts due	from subsidiary	and associated
undertakings
Other debtors
Prepayments	and accrued income
			Total

				Amounts	falling due	Amounts	falling	falling	due after
				within	one year	more	than	one year
				This year	Last year	This year		Last year
									R
Loans and overdrafts
Trade creditors
Amounts	due to subsidiary	and associated
undertakings
Other creditors
Accruals	and deferred income
			Total

colum	ns ofthe State	ment ofFinancial A	ctivities.
		Fund					Fund
		balances					balances
		brought	Incoming	Outgoing		Gains and	carried
		forward	resources	resources	Transfers	losses	forward
Fund	names		R				R

Name	of	trustee	or	connected	party	Legal authority {egorder, governing document)	This year Last year Amounts paid or benefit value

Name oftrustee or connected party	Legal authority	This year Amount	Last year owing

elated	party	has a mate	rial interest.
Name	ofthe	trustee	Relationship	to	Description ofthe	This year	Last year
or	related	a	chari		transaction s