|DIRECTORS:|||LTuohy||H Greene|H Greene|H Greene|EKirk|
|---|---|---|---|---|---|---|---|---|
||||SPiotrowski||T Saigol|||J Ridge|
||||R Humphrey||A Walter|||BCared Alonso|
||||W Kelly||JRebling|||M Gentsch|
||||H Beckett||A Masefield|||FIliescu|
|HEADTEACHER.|'||LTuohy||||||
|DAY NURSERY|MANAGERS:||SPiotrowski|and H|Ochalik-Baca||||
|REGISTERED OFFICE;|||37 Parkside||||||
||||Cambridge||||||
||||CBI IJE||||||
|REGISTRATION|NUMBER.|'|01170191(company|||limited|by guarantee)||
|REGISTERED CHARITY NUMBER:|||271233||||||
|INDEPENDENT|EXAMINER;||Nigel A Prentis FCA||||||
||||For and on behalf of:||||||
||||Prentis &Co|LLP|||||
||||Chartered
Accountants|||&Independent||Examiners|
||||115cMilton|Road|||||
||||Cambridge||||||
||||CB4 IXE||||||
|BANKERS:|||Lloyds||||||
||||PO Box 1000||||||
||||Andover||||||
||||BXI ILT||||||
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|Cash|||||2022|2022|
|---|---|---|---|---|---|---|
|Various accounts|shown|in note 15ofthe financial
statements|||8217,522|8174,307|
|~Euities|||||Market|Market|
||||||Value|Value|
||||||2022|2021|
|British Land Company Pic|||8,581 shares valued|at|$37,044|845,557|
|Henderson
Far East Income Ltd|||25,295 shares valued|at|671,964|875,885|
|Keystone Investments
Trust Pic|||31,130 shares valued|at|666,930|8111,445|
|Shires Income Pic|||20,106 shares valued|at|654,387|f55,794|
|Henderson
High Income||Trust Pic|39,373 shares valued|at|f66,737|&69,985|
|F&C Investment|Trust|Plc|10,440 shares valued|at|694,169|675,432|
|Total value|||||8391,231|%434,098|
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|LTuohy||SRichey (resigned|SRichey (resigned|11/11/21)|11/11/21)|A Masefield|||
|---|---|---|---|---|---|---|---|---|
|S Piotrowski||T Saigol||||EKirk|||
|RHumphrey||A Walter||||JRidge (appointed|11/11/21)||
|S Gold (resigned|11/11/21)|LZhukovskaya|(resigned||11/11/21)|BCared Alonso (appointed||11/11/21)|
|W Kelly||J Sweeney (resigned||11/11/21)||M Gentsch (appointed
11/I||I/21)|
|H Beckett||JRebling||||FIliescu (appointed|11/11/21)||
|H Greene|||||||||
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|||||Note|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||||Funds|Funds|2022|Funds|Funds|2021|
|||||||||||8|
|INCOME|FROM:||||||||||
|Grants and|donations||||6,615|400|7,015|3,995|700|4,695|
|Charitable|income||||692,558||692,558|622,359||622,359|
|Investment|income||||17,512||17,513|19,300||19,301|
||||||716,685|401|717,086|645,654|701|646,355|
|EXPENDITURE||ON:|||||||||
|Investment|fees||||]84||184|186||186|
|Raising funds|||||394||394||||
|Charitable|activities||||692,329|2,540|694,869|637,890|3,200|641,090|
||||||692,907|2,540|695,447|638,076|3,200|641,276|
|Net income|before|gains on|||||||||
|investments||||10|23,778|(2,139)|21,639|7,578|(2,499)|5,079|
|Net gains/(losses)||on investment||12|||||||
|assets|||||(60,466)||(60,466)|90,000|-|90,000|
|Net movement
in funds|||||(36,688)|(2,]39)|(38,827)|97,578|(2,499)|95,079|
|Reconciliation
of||funds|||||||||
|Total funds|brought||forward||559,796|18,769|578,565|462,218|21,268|483,486|
|Total funds|carried|forward|||523,108|16,630|539,738|559,796|18,769|578,565|
##
##
||||Notes|2022||2021||
|---|---|---|---|---|---|---|---|
|||||0||||
|FIXED ASSf:TS||||||||
|Investnients|||12||391,231||434,098|
|Tnngib le ttssets|||13||12,185||17,508|
|'I'OTAI, I-'IXED ASSETS|||||403,416||451,606i|
|CURRENT ASSETS||||||||
|Debtors|||14|8,103||5,922||
|Cash at bank and||in hand|15|217,522||174,307||
|'I'OTAL CURRENT ASSE'I'S||||225,625||180,229||
|LIABILITIES:||||||||
|Creditors;
amounts||falling due||||||
|wnhin|one year||16|89,303||53,270||
|NET CURRENT||ASSETS|||136,322||126,959|
|TOTAI. NET AF|SETS||||539,738||578,565|
|THE FUNDS OF||THE CIIARITY:||||||
|Unresnictcd
fund|||21||523 108||559,796|
|Restiicted
hmd|||21||16,630||18,769|
||||||539,738||578,565|
##
##
|||||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Funds|Funds|
|||||||||||2022|2021|
||||||||||Note|||
|Cash Flows from|Operating||Activities:|||||||||
|Net cash provided|by/(used|in) operating|||activities||||23|43,785|7,099|
|Cash Flows from|Investing||Activities|||||||||
|Dividends
and Interest fiom|||Investments|||||||17,513|19,301|
|Investment/dealing|costs|||||||||(184)|(186)|
|Purchase ofFixed Assets||||||||||(300)|(2,913)|
|Purchase ofInvestments||||||||||(17,599)|(20,968)|
|Net Cash Provided|by Investing|||Activities||||||(570)|(4,766)|
|Change
in cash and|cash equivalents
in the reporting||||||period|||43,215|2,333|
|Cash and cash equivalents||at|the|beginning||ofthe reporting||period||174,307|171,974|
|Cash and cash equivalents||at|the|end ofthe||reporting|period|||217,522|]74,307|
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|GRANTS AND DONATIONS|GRANTS AND DONATIONS|GRANTS AND DONATIONS|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||Funds|Funds|2022|
||||8|||
|CURRENT YEAR||||||
|Grants - CCC - Graduate||Leader Fund|1,650||1,650|
|- CCC -SENIF|||2,951||2,951|
|- CCC -DAF|||800||800|
|Donations|||1,214|400|1,614|
||||6,615|400|7,015|
||||Unrestricted|Restricted|Total|
||||Funds|Funds|2021|
|PRIOR YEAR||||||
|Grants - CCC - Graduate||Leader Fund|1,650||1,650|
|- Job Retention|Scheme grant||523||523|
|Donations|||1,822|700|2,522|
||||3,995|700|4,695|
##
##
##
||INCOME FROM CH|ARIT|ABLE ACT|I|VITIES|VITIES||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Restricted|Total|Unrestricted|Restricted|Total|
|||||||Funds|Funds|2022|Funds|Funds|2021|
|||||||||6||||
||Nursery
School fees|||||430,869||430,869|364,823||364,823|
||Day Nursery
School fees|||||261,614||261,614|257,507||257,507|
||Fundraising|||||75||75|29||29|
|||||||692,558||692,558|622,359||622,359|
|5.|INVESTMENT INCOME||||Unrestricted||Restricted|Total|Unrestricted|Restricted|Total|
|||||||Funds|Funds|2022|Funds|Funds|2021|
|||||||||||6||
||Bank interest received|||||18|1|19|16|1|17|
||Dividends
received|||||17,494||17,494|19,284||19,284|
|||||||17,512||17,513|19,300||19,301|
||EXPENDITURE ON RAISING FUNDS||||Unrestricted||Restricted|Total|Unrestricted|Restricted|Total|
|||||||Funds|Funds|2022|Funds|Funds|2021|
|||||||||6||6||
||Fundraising
expenses|||||394||394||||
|7.|ANALYSIS OF CHARITABLE|||||Direct|Support||Direct|Support||
||ACTIVITIES|||||Costs|Costs|Total|Costs|Costs|Total|
|||||||(Note 8)|(Note 9)|2022|(Note 8)|(Note 9)|2021|
||Charitable
activities|||||576,960|1]7,909|694,869|534,820|106,270|641,090|
||DIRECT COSTS||||Unrestricted||Restricted|Total|Unrestricted|Restricted|Total|
|||||||Funds|Funds|2022|Funds|Funds|2021|
||Salaries, national
insurance|and|pension (Note|1|I)|562,523||562,523|521,225||521,225|
||Toys and snacks|||||13,574||13,574|12,865||12,865|
||Trips and activities|||||863||863|730||730|
|||||||576,960||576,960|534,820||534,820|
|9.|SUPPORT COSTS||||Unrestricted||Restricted|Total|Unrestricted|Restricted|Total|
|||||||Funds|Funds|2022|Funds|Funds|2021|
||Rent, rates and insurance|||||58,664||58,664|56,207||56,207|
||Light, heat and telephone|||||8,112||8,112|6,740||6,740|
||Repairs and renewals|||||8,766||8,766|6,701||6,701|
||Household
and cleaning|||||9,803||9,803|10,300||10,300|
||Administration,
staff training||and welfare|||17,642||17,642|15,016||15,016|
||Bank charges|||||346||346|320||320|
||Sundry expenses|||||1,885||1,885|1,292||],292|
||Legal fees|||||4,248||4,248|720||720|
||Depreciation|||||3,083|2,540|5,623|3,342|3,200|6,542|
||Governance
costs|||||||||||
||Independent
examiners|fee||||2,820||2,820|2,432||2,432|
|||||||115,369|2,540|117,909|103,070|3,200|106,270|
##
##
|10.|NET INCOME FOR THE YEAR|||||2022|21)21|
|---|---|---|---|---|---|---|---|
||This is stated atter charging:|||||||
||Independent
Examination
fee|||||2,820|2,432|
||Depreciation
offixed assets owned by the company|||||5,623|6,542|
||Operating
lease rentals|||||50,275|48,478|
||STAFF COSTS AND DIRECTORS REMUNERATION|||||||
||The total staff costs for the year were;|||||2022|2021|
|||||||f,|8|
||Wages and salaries|||||492,624|457,579|
||Employers
National
Insurance|||||40,763|35,463|
||Employers
pension
contributions|||||29,136|28,183|
|||||||562,523|521,225|
||The average monthly
number ofemployees,|including|directors,|during|the year was as follows:|||
|||||||2022|2021|
||Direct charitable
work|||||20|20|
||Administrative|||||2|2|
|||||||22|22|
|INVESTMENTS|2022|2021|
|---|---|---|
||f||
|Market value at 1st September 2021|434,098|323,130|
|Additions|17,599|20,968|
|Unrealised
gains/(losses)|(60,466)|90,000|
|Market value at 31st August 2022|391,231|434,098|
|Historical cost at 31st August 2022|429,412|411,813|
##
||2022|2021|
|---|---|---|
|British Land Company
Pic|9.47'/o|10.50'/o|
|Henderson
Far East Income Ltd|18.39o/o|17.48'/o|
|Keystone Investment
Trust Pic|17.11/o|25.67'lo|
|Henderson
High Income Trust Pic|17.06 /o|12.85/o|
|Shires Income Pic|13.90'lo|16.12'/o|
|F&C Investment
Trust Pic|24 07o/|17.3 8'/o|
||100.00/o|100.00/o|
##
|13.|TANGIBLE FIXEDASSETS|TANGIBLE FIXEDASSETS|||||Leasehold|Furniture &||
|---|---|---|---|---|---|---|---|---|---|
||CURRENT YEAR||||||Improvements|Equipment|Total|
|||||||||f||
||COST|||||||||
||Balance at 1st September|2021|||||103,726|21,442|125,168|
||Additions|||||||300|300|
||Balance at 31stAugust 2022||||||103,726|21,742|125,468|
||DEPRECIATION|||||||||
||Balance at 1st September|2021|||||92,417|15,243|107,660|
||Charge for the year||||||4,680|943|5,623|
||Balance at 31stAugust 2022||||||97,097|16,186|113,283|
||NET BOOK VALUE AT|31st August|2022||||6,629|5,556|12,185|
||NET BOOK VALUE AT|31stAugust|2021||||11,309|6,199|17,508|
||TANGIBLE FIXEDASSETS||||||Leasehold|Furniture &||
||PRIOR YEAR||||||Improvements|Equipment|Total|
||||||||f,||f|
||COST|||||||||
||Balance at 1st September|2020|||||103,726|18,529|122,255|
||Additions|||||||2,913|2,913|
||Balance at 31stAugust 2021||||||103,726|21,442|125,168|
||DEPRECIATION|||||||||
||Balance at 1st September|2020|||||86,850|14,268|101,118|
||Charge for the year||||||5,567|975|6,542|
||Balance at 31stAugust 2021||||||92,417|15,243|107,660|
||NET BOOK VALUE AT|31stAugust|2021||||11,309|6,199|17,508|
||NET BOOK VALUE AT|31stAugust|2020||||16,876|4,261|21,137|
|14.|DEBTORS|||||2022||2021||
||||||Due|within|Due after|Due within|Due atter|
||||||one year||one year|one year|one year|
||Trade debtors|||||359||438||
||Payments
in advance|||||4,464|2,000|3,484|2,000|
||Other debtors|||||1,280||||
|||||||6,103|2,000|3,922|2,000|
|15.|CASH AT BANK AND IN~|||||||2022|2021|
||Fee account|||||||123,570|106,055|
||Current accounts (including
day nursery||deposits|and monies held|in advance|||76,233|50,683|
||referred to in note 16)|||||||||
||Bursary account|||||||13,036|]2,635|
||Petty cash|||||||199|161|
||IG Income account|||||||4,484|4,773|
|||||||||217,522|174,307|
|CREDITORS|CREDITORS||2022|2021|
|---|---|---|---|---|
||||Due within|Due within|
||||one year|one year|
|||||E|
|Accruals|and deferred|income|89,303|53,270|
##
##
##
##
|As at 31stA
as follows:|ugust 2022 the charity had total commitments
unde|r non cancellable
oper|ating
leases o|n land and bu|ildings|
|---|---|---|---|---|---|
|||||2022|2021|
|Expiry date: Between one to five years||||17,677|30,155|
||:In more than five years|||554,302|592,099|
|||||571,979|622,254|
|ANALYSIS OF NET ASSETSBETWEEN FUNDS||||Restricted||
||||Restricted|Day||
|||Unrestricted|Bursary|Nursery||
|CURRENT|YEAR|Fund|Fund|Fund|Total|
|Investments||391,231|||391,231|
|Tangible fixed assets||8,591||3,594|12,185|
|Net current|assets|123,286|13,036||136,322|
|||523,108|13,036|3,594|539,738|
|||||Restricted||
||||Restricted|Day||
|||Unrestricted|Bursary|Nursery||
|PRIOR YEAR||Fund|Fund|Fund|Total|
|Investments||434,098|||434,098|
|Tangible fixed assets||11,374||6,134|17,508|
|Net current|assets|114,324|12,635||126,959|
|||559,796|12,635|6,134|578,565|
##
##
##
|21.|STATEMENT OF FUNDS|STATEMENT OF FUNDS|STATEMENT OF FUNDS|At||Gains/(losses)|Gains/(losses)||At|
|---|---|---|---|---|---|---|---|---|---|
||CURRENT YEAR|||1st September|||on||31st August|
|||||2021|Income|Expenditure|Investments|Transfers|2022|
||Restricted funds:||||||||8|
||Bursary Fund|||12,635|401||||13,036|
||Day Nursery
Fund|||6,134||(2,540)|||3,594|
||Total restricted
funds|||18,769|401|(2,540)|||16,630|
||Unrestricted
funds:|||||||||
||General
funds|||558,074|715,471|(691,008)|(60,466)||522,071|
||Designated
- Leavers'||fund|1,722|1,214|(1,899)|||1,037|
||Total unrestricted|funds||559,796|716,685|(692,907)|(60,466)||523,108|
||Total funds|||578,565|717,086|(695,447)|(60,466)||539,738|
|||||At|||||At|
||PRIOR YEAR|||1st September|||Losses on||31stAugust|
|||||2020|Income|Expenditure|Investments|Transfers|2021|
||Restricted
funds:|||||||8||
||Bursary Fund|||11,934|701||||12,635|
||Day Nursery
Fund|||9,334||(3,200)|||6,134|
||Total restricted
funds|||21,268|701|(3,200)|||18,769|
||Unrestricted
funds:|||||||||
||General
funds|||460,888|643,932|(636,746)|90,000||558,074|
||Designated
- Leavers'||fund|1,330|1,722|(1,330)|||1,722|
||Total unrestricted|funds||462,218|645,654|(638,076)|90,000||559,796|
||Total funds|||483,486|646,355|(641,276)|90,000||578,565|
##
##
|RECONCILIATIO
|N|O|F INCOMING|RESOURCES TO NET CASH|FLOW FROM OPERATING||
|---|---|---|---|---|---|---|
|ACTIVITIES|||||2022|2021|
||||||8||
|Net income/(expenditure)|||for the reporting|period|(38,827)|95,079|
|Adjusted for:|||||||
|Depreciation
charges|||||5,623|6,542|
|Dividends
and Interest||from investments|||(17,513)|(19,301)|
|Investment/dealing|costs||||184|186|
|Unrealised
(gain)/loss||in|the year||60,466|(90,000)|
|(Increase)/decrease|in|debtors|||(2,181)|13,257|
|(Decrease)/increase|in|creditors|||36,033|1,336|
||||||43,785|7,099|