2023-08-31-accounts - Joint Colleges Nursery (Cambridge) Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			2023		2022
		Note	f
FIXEDASSETS
Tangible assets		10		185,347		180,648
CURRENT ASSBTS
Debtors		11	10,527		13,555
Cash at bank and in hand		12	442,296		413,355
TOTAL CURRENT ASSETS			452,823		426&910
LIABILITIES
Creditors: amounts	falling due within one year	13	(128,937)		(96,196)
NET CURRENT ASSETS				323,886		330,714
TOTAL ASSETS	LESSCURRENT LIABILITIES			509,233		511,362
Creditonu amounts	fidling due slier more tlum one
year		14		(25,000)		(25,000)
NET ASSETS				484~3		4&6,362
THE FUNDS OF	THE CHARITY
Unrestricted fimds		17		484,233		486,362

					Total	Total
					Funds	Funds
					2023	2022
				Note
Cash Flows for Operating	Activities:
Net cash provided by operating		activities		20	53,764	137,414
Cash Flows from Investing Activities:
Investment income					2,146	54
Purchase oftangible fixed	assets				(26,969)	(2,939)
Net Cash Used in Investing Activities					(24,823)	(2,885)
Change in cash and cash equivalents			in the
reporting period					28,941	134,529
Cash and cash equivalents	at the	beginning
ofthe reporting period					413,355	278,826
Cash and cash equivalents	at the end		ofthe
reporting period					442,296	413,355

EXPENDITURE ON	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES	Direct	Support
CURRENT YEAR						Costs	Costs		Total
						(Note 6)	(Note 7)		2023
									8
Charitable activines						601,717	127,596		729,313
EXPENDITURE ON	CHARITABLE ACTIVITIES					Direct	Support
PRIOR YEAR						Costs	Costs		Total
						(Note 6)	(Note 7)		2022
Charitable activities						538,081	89,402		627,483
ANALYSIS OF DIRECT COSTS							Unrestricted	Unrestricted
							Funds		Funds
							2023		2022
Salaries, National Insurance			and pensions		(note 9)		519,314		463,561
Nursery supplies and	activities						5,074		7,013
Food and provisions							77,329		67,507
							601,717		538,081
ANALYSIS OF SUPPORT			COSTS				Unrestricted		Unrestricted
							Funds		Funds
							2023		2022
Rent, rates and insurance							9,871		8,118
Light, heat aad telephone							9,653		9,502
Cleaning and cleaning	materials						26,106		23,213
Clinical waste							1,799		1,625
Gardening							8,665		8,384
Repairs and renewals							40,938		11,487
Recruitment and staff	training						908		2,083
Stationery, printing and postage							1,418		1,579
Subscriptions							2,054		1,902
Bank charges							141		138
Sundry expenses							394
Depreoiation							22,270		18,684
Governance costs
Independent examination							3,379		2,243
							127,596		89,402
NET INCOME FOR	THE YEAR						2023		2022
This is stated aller charging:
Independent examination							2,972		2,243
Independent examination		underprovided		for in 2022			407
Depreciation offixed	assets		owned by the		company		22,270		18,684

STAFF COSTS AND DIRECTORS REMUNERATION	STAFF COSTS AND DIRECTORS REMUNERATION	STAFF COSTS AND DIRECTORS REMUNERATION	2023	2022
				f.
The total staff costs		for the year were:-
Wages and	salaries		472,394	424,821
Employer's	National	Insurance	35,271	25,976
Employer's	pension	contributions	11,649	12,764
			519,314	463,561

	The average monthly number ofem	ployees was 19(2022:20).
	No employee received remuneration	ofmore than 660,000.		Furniture,
10.	TANGIBLE FIXEDASSETS		Leasehold
	CURRENT YEAR		land and	fittings and
			buildings	equipment	Total
	COST				E
	At 1st September 2022		357,635	185,206	542,841
	Additions			26,969	26rt69
	At 31stAugust 2023		357,635	212,175	569,810
	DEPRECIATION
	At 1st September 2022		190,063	172,130	362,193
	Charge for the year		11,172	11,098	22,270
	At 31stAugust 2023		201,235	183,228	384,463
	NET BOOK VALUE
	At 31stAugust 2023		156,400	28,947	185,347
	TANGIBLE FIXEDASSETS		Leasehold	Furniture,
	PRIOR YEAR		land and	fittings and
			buildings	equipment	Total
	COST
	At 1st September 2021		357,635	182,267	539,902
	Additions			2,939	2,939
	At31st August2022		357,635	185,206	542,841
	DEPRECIATION
	At 1st September 2021		178,891	164,618	343,509
	Charge for the year		11,172	7,512	18,684
	At 31stAugust 2022		190,063	172,130	362,193
	NET BOOK VALUE
	At 31stAugust 2022		167,572	13,076	180,648
	DEBTORS			2023	2022
	Trade debtors			4,077	3,030
	Other debtors			331	324
	Prepayments			6,119	10,201
				10,527	13,555

12.	CASH AT BANK AND IN HAND	CASH AT BANK AND IN HAND									2023	2022
	Current accounts									186,947		413,214
	Petty cash										349	141
	Savings accounts									255,000
										442,296		413,355
13.	CREDITORS: AMOUNTS	FALLING DUE WITHJN		ONE YEAR							2023	2022
	Deposits									82,866		67,177
	Trade creditors										18,395	13,852
	Other creditors										354	2,071
	Aceruals and deferred income										16,736	13,096
	Social Security										10,586
										128,937		96,196
	DEFERRED INCOME										2023	2022
											6
	Deferred income at 1st September 2022										10,163
	Income deferred during the	year									13,360	10,163
	Amounts released fiom previous years									(10,163)
	Deferred income at 31stAugust 2023										13,360	10,163
	The balance relates to funding received fiom Cambridgeshire					County Council.
14.	CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR									2023	2022
	Creditors include amounts	not wholly repayable	within	5 years as follows:
	Repayable other than by instalments (see note 19).										25,000	25,000
15.	COMMITMENTS
	The company has paid f11,649 (2022: X12,764)		in respect of			defined contribution		pensions.	At	the	year
	end there was a creditor of	81,915(2022: %nil).
16.	OPERATING LEASES
	As at 31stAugust 2023 the	charity had total commitments			under non cancellable		operating		leases as
	follows:-
											2023	2022
												f.
	Expiry date: Between 2 and 5 years										1,145	2,892
17.	STATEMENT OFFUNDS						At					At
	CURRENT YEAR					1st September						31st August
						2022		Income		Expenditure		2023
	Unrestricted funds					486,362		727,184		(729,313)		484433
	STATEMENT OF FUNDS						At					At
	PRIOR YEAR					1st September						31stAugust
						2021		Income		Expenditure		2022
	Unrestricted funds					375,221		738,624		(627,483)		486,362

	respect ofthe premises	respect ofthe premises	upon w	hich the Nursery is situated; the terms ofthis lease expire in 2037.	hich the Nursery is situated; the terms ofthis lease expire in 2037.	hich the Nursery is situated; the terms ofthis lease expire in 2037.
20.	RECONCILIATION		OFNET	MOVEMENT IN FUNDS TONET CASH FLOW FROM OPERATING
	ACTIVITIES
						2023	2022
						8
	Net expenditure/income		for the	reporting	period	(2,129)	111,141
	Adjusted for:
	Depreciation charges					22,270	18,684
	Investment income					(2,146)	(54)
	Decrease/(increase)	in debtors				3,028	(1,693)
	Increase/(decrease)	in	creditors			32,741	9,336
	Net cash provided	by	operating	activities		53,764	137,414