Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021
Blagdon Under Fives
Treasurer’s Report
with
Accounts
Year Ended - 31 August 2021
Charity No: 299312
Published: 12 October 2021
Page 1 of 6
Prepared by: G Mills
Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021
Summary
-
Total income for the year was £66k which is an increase of 4% on last year.
-
Expenditure also increased by 4%, to £60k. This is a result of higher staff costs due to the lack of casual staff during the year.
-
There was a resulting surplus for the year of £5.5k. The income provided by the Coronavirus Job Retention Scheme, North Somerset top-up funding and North Somerset business grants covered the loss of fees due to Covid-19 and enabled the Pre-School to retain and pay existing staff, allowing a smooth return to operations once restrictions were lifted.
Income Analysis
Funding, Fees and Child Numbers
-
North Somerset funding decreased by £11k from the previous year, reflecting lower numbers of children attending in the Autumn terms. This was still greatly influenced by Covid-19 due to reluctance by many families to return to childcare settings as well as the reduced need for childcare with many parents still working from home. The shortfall in funding was covered by funding top-up payments from North Somerset Council. Pre-School fees income increased however, by £10k, as numbers picked up in the summer terms and the Pre-School had been closed over the equivalent period in the previous year.
-
Fundraising income decreased by 23% due to restrictions on gatherings over the whole year.
-
Donations were lower than the previous year due to a reduced contribution from the Baynard Trust.
-
Other income was similar to last year. The total of £13.8k includes £7.2k of business grants from North Somerset and £6.5k from the Coronavirus Job Retention Scheme.
After School Club
- Fees from After School Club decreased by £4.7k. This was the area most impacted by many parents continuing to work from home.
Fundraising and Donations
- The contribution from fundraising was reduced due to restrictions on events throughout the year. There were however, contributions from the following:
| ▪ | PayPal Giving Fund | £ 750 |
|---|---|---|
| ▪ | Wreath Making | £ 215 |
| ▪ | Personalised Crafts | £ 72 |
| ▪ | Easyfundraising | £ 64 |
Our thanks go to all who have contributed to fundraising activities and continued to support the Pre-School, particularly during uncertain times.
-
Our gratitude goes to the Baynard Trust, who supported us with a donation of £500.
Published: 12 October 2021
Page 2 of 6
Prepared by: G Mills
Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021
Expense Analysis
- 85% of the total expenditure relates to staff costs. The staffing cost increased by £2k as a result of wage increases and the loss of casual staff hours which meant there were reduced savings over the lockdown period. There were some other small increases in expenditure. Toys and Equipment costs increased by £324 as a result of investment in the outside space and Other Expenses includes £280 of external support paid for out of top-up funding.
Toddler Group
- The Toddler Group did not operate over the year. Covid restrictions in place at St Andrews Church meant that it was not possible to run sessions at the setting. Insurance premiums were paid using income generated the previous year to cover any risk to toys and equipment.
Published: 12 October 2021
Page 3 of 6
Prepared by: G Mills
Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021
Income Statement
| Income Pre-School Fees Nursery Funding Other Council Support Subtotal Summer Activity Week After School Club Fees After School Club Deposits Pre-School Deposits Toddler Fees Fundraising (net) Donations Other Income Interest Received Total Income Expenditure Staff Costs Rent (Pre-School) Rent (Toddlers) Pre-School Utilities/Cleaning Mobile Phone Consumables (Pre-School) Consumables (Toddlers) Toys & Equipment Insurance/PLA Membership Ofsted Fees Advertising Staff Training: Course Costs Other Expenses Total Expenditure Net Surplus |
2021 2020 % Variance 16,185 6,172 162% 15,970 27,371 -42% 9,214 - - |
|---|---|
| 41,369 33,543 23% |
|
| - 50 -100% 7,408 12,137 -39% (215) (126) 71% 1,637 748 119% - 603 -100% 1,160 1,499 -23% 704 1,000 -30% 13,813 13,458 3% 2 132 -98% |
|
| 65,878 63,044 4% |
|
| 52,042 49,664 5% 2,000 2,000 0% - 240 -100% 2,906 2,909 -0% 122 128 -5% 1,079 1,298 -17% - 5 -100% 743 419 77% 959 959 0% 50 50 0% - 175 -100% 30 105 -71% 438 254 72% |
|
| 60,369 58,206 4% |
|
| 5,509 4,838 14% |
Published: 12 October 2021
Page 4 of 6
Prepared by: G Mills
Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021
Fundraising
| Item PayPal Giving Fund Flower Arranging/Wreath Making Personalised Craft Products easyfundraising.org.uk Book Sale Pre-School Christmas Party Concept Photography Raffle Charity Box Cake Stall Ice Cream Sales Ceilidh Total Donations Baynard Trust P Crawfurd Deposit Donations Total |
2021 2020 £ £ 750 - 215 502 72 21 64 619 32 - 27 85 - 112 - 78 - 76 - 71 - 35 - (100) 1,160 1,499 2021 2020 £ £ 500 1,000 100 - 104 - |
2021 2020 £ £ 750 - 215 502 72 21 64 619 32 - 27 85 - 112 - 78 - 76 - 71 - 35 - (100) |
|---|---|---|
| 1,160 1,499 |
||
| 704 1,000 |
Published: 12 October 2021
Page 5 of 6
Prepared by: G Mills
Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021
Toddler Group Summary
| Income Toddler Fees Total Income Costs Hire of Hall Insurance Consumables/Equipment Total Costs Net (Deficit)/Surplus |
2021 2020 £ £ - 603 |
|---|---|
| - 603 |
|
| - 240 183 143 - 5 |
|
| 183 388 |
|
| (183) 215 |
Bank and Cash Balance
| (d+e) | |||||||
|---|---|---|---|---|---|---|---|
| Total | |||||||
| 2021 | 2020 | ||||||
| (a) | (c) | d=(a+b+c) | (e) | Bank and | Bank and | ||
| Master | (b) Petty | Current | Total Cash | Deposit | Cash | Cash | |
| Cash box | Cash | Account | & Current | A&L | Balance | Balance | |
| Opening balance 1 September 2020 | 1,941 | 337 | 10,047 | 12,325 | 23,638 | 35,963 | 31,125 |
| Transfers | (1,764) | 300 | 1,464 | - | - | - | - |
| Net Surplus / (Deficit) | 563 | (599) | 5,542 | 5,506 | 1 | 5,507 |
4,706 |
| Interest Received | - | - |
- |
- | 2 |
2 | 132 |
| Closing Balance 31 August 2021 | 740 | 38 |
17,053 | 17,831 | 23,641 | 41,472 |
35,963 |
Published: 12 October 2021
Page 6 of 6
Prepared by: G Mills
Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021
Blagdon Under Fives
Treasurer’s Report
with
Accounts
Year Ended - 31 August 2021
Charity No: 299312
Published: 12 October 2021
Page 1 of 6
Prepared by: G Mills
Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021
Summary
-
Total income for the year was £66k which is an increase of 4% on last year.
-
Expenditure also increased by 4%, to £60k. This is a result of higher staff costs due to the lack of casual staff during the year.
-
There was a resulting surplus for the year of £5.5k. The income provided by the Coronavirus Job Retention Scheme, North Somerset top-up funding and North Somerset business grants covered the loss of fees due to Covid-19 and enabled the Pre-School to retain and pay existing staff, allowing a smooth return to operations once restrictions were lifted.
Income Analysis
Funding, Fees and Child Numbers
-
North Somerset funding decreased by £11k from the previous year, reflecting lower numbers of children attending in the Autumn terms. This was still greatly influenced by Covid-19 due to reluctance by many families to return to childcare settings as well as the reduced need for childcare with many parents still working from home. The shortfall in funding was covered by funding top-up payments from North Somerset Council. Pre-School fees income increased however, by £10k, as numbers picked up in the summer terms and the Pre-School had been closed over the equivalent period in the previous year.
-
Fundraising income decreased by 23% due to restrictions on gatherings over the whole year.
-
Donations were lower than the previous year due to a reduced contribution from the Baynard Trust.
-
Other income was similar to last year. The total of £13.8k includes £7.2k of business grants from North Somerset and £6.5k from the Coronavirus Job Retention Scheme.
After School Club
- Fees from After School Club decreased by £4.7k. This was the area most impacted by many parents continuing to work from home.
Fundraising and Donations
- The contribution from fundraising was reduced due to restrictions on events throughout the year. There were however, contributions from the following:
| ▪ | PayPal Giving Fund | £ 750 |
|---|---|---|
| ▪ | Wreath Making | £ 215 |
| ▪ | Personalised Crafts | £ 72 |
| ▪ | Easyfundraising | £ 64 |
Our thanks go to all who have contributed to fundraising activities and continued to support the Pre-School, particularly during uncertain times.
-
Our gratitude goes to the Baynard Trust, who supported us with a donation of £500.
Published: 12 October 2021
Page 2 of 6
Prepared by: G Mills
Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021
Expense Analysis
- 85% of the total expenditure relates to staff costs. The staffing cost increased by £2k as a result of wage increases and the loss of casual staff hours which meant there were reduced savings over the lockdown period. There were some other small increases in expenditure. Toys and Equipment costs increased by £324 as a result of investment in the outside space and Other Expenses includes £280 of external support paid for out of top-up funding.
Toddler Group
- The Toddler Group did not operate over the year. Covid restrictions in place at St Andrews Church meant that it was not possible to run sessions at the setting. Insurance premiums were paid using income generated the previous year to cover any risk to toys and equipment.
Published: 12 October 2021
Page 3 of 6
Prepared by: G Mills
Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021
Income Statement
| Income Pre-School Fees Nursery Funding Other Council Support Subtotal Summer Activity Week After School Club Fees After School Club Deposits Pre-School Deposits Toddler Fees Fundraising (net) Donations Other Income Interest Received Total Income Expenditure Staff Costs Rent (Pre-School) Rent (Toddlers) Pre-School Utilities/Cleaning Mobile Phone Consumables (Pre-School) Consumables (Toddlers) Toys & Equipment Insurance/PLA Membership Ofsted Fees Advertising Staff Training: Course Costs Other Expenses Total Expenditure Net Surplus |
2021 2020 % Variance 16,185 6,172 162% 15,970 27,371 -42% 9,214 - - |
|---|---|
| 41,369 33,543 23% |
|
| - 50 -100% 7,408 12,137 -39% (215) (126) 71% 1,637 748 119% - 603 -100% 1,160 1,499 -23% 704 1,000 -30% 13,813 13,458 3% 2 132 -98% |
|
| 65,878 63,044 4% |
|
| 52,042 49,664 5% 2,000 2,000 0% - 240 -100% 2,906 2,909 -0% 122 128 -5% 1,079 1,298 -17% - 5 -100% 743 419 77% 959 959 0% 50 50 0% - 175 -100% 30 105 -71% 438 254 72% |
|
| 60,369 58,206 4% |
|
| 5,509 4,838 14% |
Published: 12 October 2021
Page 4 of 6
Prepared by: G Mills
Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021
Fundraising
| Item PayPal Giving Fund Flower Arranging/Wreath Making Personalised Craft Products easyfundraising.org.uk Book Sale Pre-School Christmas Party Concept Photography Raffle Charity Box Cake Stall Ice Cream Sales Ceilidh Total Donations Baynard Trust P Crawfurd Deposit Donations Total |
2021 2020 £ £ 750 - 215 502 72 21 64 619 32 - 27 85 - 112 - 78 - 76 - 71 - 35 - (100) 1,160 1,499 2021 2020 £ £ 500 1,000 100 - 104 - |
2021 2020 £ £ 750 - 215 502 72 21 64 619 32 - 27 85 - 112 - 78 - 76 - 71 - 35 - (100) |
|---|---|---|
| 1,160 1,499 |
||
| 704 1,000 |
Published: 12 October 2021
Page 5 of 6
Prepared by: G Mills
Blagdon Under Fives - Charity No: 299312 Accounts Year Ending 31 August 2021
Toddler Group Summary
| Income Toddler Fees Total Income Costs Hire of Hall Insurance Consumables/Equipment Total Costs Net (Deficit)/Surplus |
2021 2020 £ £ - 603 |
|---|---|
| - 603 |
|
| - 240 183 143 - 5 |
|
| 183 388 |
|
| (183) 215 |
Bank and Cash Balance
| (d+e) | |||||||
|---|---|---|---|---|---|---|---|
| Total | |||||||
| 2021 | 2020 | ||||||
| (a) | (c) | d=(a+b+c) | (e) | Bank and | Bank and | ||
| Master | (b) Petty | Current | Total Cash | Deposit | Cash | Cash | |
| Cash box | Cash | Account | & Current | A&L | Balance | Balance | |
| Opening balance 1 September 2020 | 1,941 | 337 | 10,047 | 12,325 | 23,638 | 35,963 | 31,125 |
| Transfers | (1,764) | 300 | 1,464 | - | - | - | - |
| Net Surplus / (Deficit) | 563 | (599) | 5,542 | 5,506 | 1 | 5,507 |
4,706 |
| Interest Received | - | - |
- |
- | 2 |
2 | 132 |
| Closing Balance 31 August 2021 | 740 | 38 |
17,053 | 17,831 | 23,641 | 41,472 |
35,963 |
Published: 12 October 2021
Page 6 of 6
Prepared by: G Mills
| ffi | ffi | {HARITY{OMr\4I55ION rSR iNfrLANDANDWALES Independentexaminer's report on the accounts |
{HARITY{OMr\4I55ION rSR iNfrLANDANDWALES Independentexaminer's report on the accounts |
|
|---|---|---|---|---|
| Section A | Independent Examiner's Report | |||
| Report tothe trustees/ membersof |
Blaqdon UnderFives | |||
| Onaccounts fortheyear ended |
A-1-4u-q-u!,t-?921 Charityno (ifany) 299312 |
|||
| Set | out onpages | 1-6 | ||
| {remembertorncude the page numbersoiadditional sheets) | Formatted:Fontcolor: Auto | |||
| RespectiveThecharity'strusteesareresponsibleforthe preparaticnoftheaccounts. responsibilitiesofThe charity's trustees consider thatanauditis not required for thisyear |
||||
| trustees | andexaminerunder section144of lhe Charities Act201 1(theCharities Act)andthatan | |||
| independent examinationis needed. | ||||
| ,' | ||||
| i #fiffi,T:i'i-,:n:urfff,',:iff;ITfLir"'Iri,'!u"n nv,n" Charity Commission(undersection145(5)(b) ofthe Charities Act,and |
||||
| tostatewhether particular mattershave cometomy attentron. | ||||
| Basis of | independent | [4y examinationwas carriedout in accordance withgeneral Directionsgiven | ||
| examiner's statement | by theCharity Cornmission. An examinationincludes areviewoflhe | |||
| accounting recordskept by thecharityand acomparisonoftheaccounts | ||||
| presentedwiththoserecords.ltalso includesconsiderationof any unusual | ||||
| items ordisclosuresinthe accounts,and seekingexplanationsfrornthe | ||||
| trustees concerninganysuchmatters.The proceduresundertakendonot | ||||
| provide all theevidence that wculdberequiredin anaudit,and | ||||
| consequentlynoopinionisgivenas towhether the accounts presentalrue | ||||
| andfair' viewandthe reportis limited tothosematters setoutin the | ||||
| statementbelow. | ||||
| lndependent | ln connection withmyexamination,nomaterial mattershave cometomy | |||
| examiner's statement | attention which givesme causetobelievethatin. anymaterialrespect: | |||
| oaccounting records werenotkeptin accordancewith section130of | ||||
| the Charities Actor | ||||
| .the accounts donot accord withthe accountingrecords | ||||
| Ihavecome acrossnoother mattersinconnectionwiththe examinationto | ||||
| which altention shouldbedrawnin ordertoenable a proper understanding | ||||
| of the to reached. |
||||
| wordsin thebracketsiftheyda not apply. | ||||
| Signed: | Date: 3At6l22 |
|||
| Name: | LynseyHatherall | |||
| Relgvant professional qualification(s)orbody |
Cirvtn | |||
| (ifany): | ||||
| Address: |
| SectionB | Disclosure |
|---|---|
| Only completeifthe examinerneedsto highlight mattersofconcern(seeCC32, | |
| lndependent examinationofcharityaccounts:directions andguidancefor | |
| examiners). | |
| Giveherebrief detailsof | |
| any items that the | |
| examinerwishesto | |
| disclose. | |
| t |